中商官网
研究报告
森马服饰（002563）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 2007 | 1822000000.0000 | 234000000.0000 | 234000000.0000 | 150000000.0000 | 543000000.0000 | 127000000.0000 | 416000000.0000 |
| 2008 | 3323000000.0000 | 587000000.0000 | 576000000.0000 | 443000000.0000 | 1073000000.0000 | 607000000.0000 | 466000000.0000 |
| 2009 | 4250000000.0000 | 915000000.0000 | 915000000.0000 | 686000000.0000 | 2013000000.0000 | 1010000000.0000 | 1003000000.0000 |
| 2010 | 6287000000.0000 | 1374000000.0000 | 1369000000.0000 | 1001000000.0000 | 3539000000.0000 | 1535000000.0000 | 2003000000.0000 |
| 2011 | 7761000000.0000 | 1618000000.0000 | 1617000000.0000 | 1223000000.0000 | 9100000000.0000 | 1342000000.0000 | 7758000000.0000 |
| 2012 | 7063000000.0000 | 989000000.0000 | 1057000000.0000 | 761000000.0000 | 9271000000.0000 | 1423000000.0000 | 7848000000.0000 |
| 2013 | 7294000000.0000 | 1236000000.0000 | 1271000000.0000 | 902000000.0000 | 9714000000.0000 | 1630000000.0000 | 8084000000.0000 |
| 2014 | 8147000000.0000 | 1474000000.0000 | 1503000000.0000 | 1088000000.0000 | 10373000000.0000 | 1867000000.0000 | 8506000000.0000 |
| 2015 | 9454000000.0000 | 1796000000.0000 | 1809000000.0000 | 1343000000.0000 | 11655000000.0000 | 2394000000.0000 | 9260000000.0000 |
| 2016 | 10667000000.0000 | 1866000000.0000 | 1876000000.0000 | 1402000000.0000 | 12948000000.0000 | 2949000000.0000 | 9999000000.0000 |
| 2017 | 12026000000.0000 | 1511000000.0000 | 1514000000.0000 | 1130000000.0000 | 13643000000.0000 | 3526000000.0000 | 10117000000.0000 |
| 2018 | 15719000000.0000 | 2080000000.0000 | 2268000000.0000 | 1682000000.0000 | 16568000000.0000 | 5375000000.0000 | 11193000000.0000 |
| 2019 | 19337000000.0000 | 2152000000.0000 | 2129000000.0000 | 1534000000.0000 | 16621000000.0000 | 4826000000.0000 | 11794000000.0000 |
| 2020 | 15205000000.0000 | 1105000000.0000 | 1088000000.0000 | 794000000.0000 | 17170000000.0000 | 5669000000.0000 | 11501000000.0000 |
| 2021 | 15420000000.0000 | 1929000000.0000 | 1922000000.0000 | 1485000000.0000 | 19778000000.0000 | 8094000000.0000 | 11684000000.0000 |
| 2022 | 13331000000.0000 | 871000000.0000 | 864000000.0000 | 610000000.0000 | 18271000000.0000 | 7377000000.0000 | 10894000000.0000 |
| 2023 | 13661000000.0000 | 1505000000.0000 | 1488000000.0000 | 1120000000.0000 | 17937000000.0000 | 6448000000.0000 | 11489000000.0000 |
| 2024 | 14626000000.0000 | 1548000000.0000 | 1543000000.0000 | 1134000000.0000 | 19101000000.0000 | 7274000000.0000 | 11827000000.0000 |
| 2025 | 15090000000.0000 | 1241000000.0000 | 1246000000.0000 | 883000000.0000 | -- | -- | -- |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
营业利润率 （%) |
总资产利润率 （%) |
净资产收益率 | 存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 2007 | 12.84 | 12.84 | 43.09 | 54.5400 | 4.7300 | 52.79 | 3.36 |
| 2008 | 17.66 | 17.33 | 53.68 | 68.7800 | 5.6600 | 79.82 | 3.10 |
| 2009 | 21.51 | 21.53 | 45.45 | 84.8700 | 4.9900 | 72.14 | 2.11 |
| 2010 | 21.93 | 21.78 | 38.68 | 66.5700 | 5.0000 | 50.07 | 1.78 |
| 2011 | 20.90 | 20.83 | 17.77 | 20.3500 | 4.5600 | 16.91 | 0.85 |
| 2012 | 14.00 | 14.97 | 11.40 | 9.8200 | 4.2900 | 10.15 | 0.76 |
| 2013 | 16.81 | 17.43 | 13.08 | 11.4100 | 4.7000 | 11.47 | 0.75 |
| 2014 | 17.36 | 18.45 | 14.49 | 13.3500 | 5.3300 | 9.63 | 0.79 |
| 2015 | 18.31 | 19.13 | 15.52 | 15.4300 | 4.4800 | 7.25 | 0.81 |
| 2016 | 16.69 | 17.59 | 14.49 | 14.9200 | 3.4600 | 6.14 | 0.82 |
| 2017 | 11.62 | 12.59 | 11.10 | 11.5100 | 3.3800 | 7.14 | 0.88 |
| 2018 | 12.05 | 14.43 | 13.69 | 16.0300 | 2.7800 | 9.31 | 0.95 |
| 2019 | 10.79 | 11.01 | 12.81 | 13.6000 | 2.6100 | 9.85 | 1.16 |
| 2020 | 6.53 | 7.16 | 6.34 | 7.0100 | 2.7400 | 9.04 | 0.89 |
| 2021 | 11.44 | 12.46 | 9.72 | 12.7000 | 2.7100 | 10.85 | 0.78 |
| 2022 | 5.21 | 6.48 | 4.73 | 5.7000 | 1.9900 | 9.82 | 0.73 |
| 2023 | 10.23 | 10.89 | 8.30 | 10.0600 | 2.3200 | 10.48 | 0.76 |
| 2024 | 10.20 | 10.55 | 8.08 | 9.8000 | 2.6400 | 9.96 | 0.77 |
| 2025 | 7.89 | 8.26 | -- | -- | -- | -- | -- |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 2007 | 23.39 | 76.61 | 3.3700 | 0.9600 |
| 2008 | 56.57 | 43.43 | 1.3500 | 0.3800 |
| 2009 | 50.17 | 49.83 | 1.4200 | 0.8100 |
| 2010 | 43.37 | 56.60 | 1.7600 | 0.8700 |
| 2011 | 14.75 | 85.25 | 5.9800 | 4.6000 |
| 2012 | 15.35 | 84.65 | 5.2400 | 4.2700 |
| 2013 | 16.78 | 83.22 | 4.9000 | 3.9900 |
| 2014 | 18.00 | 82.00 | 4.8700 | 3.3100 |
| 2015 | 20.54 | 79.45 | 4.5600 | 2.2900 |
| 2016 | 22.78 | 77.22 | 3.8900 | 1.9400 |
| 2017 | 25.84 | 74.16 | 3.1100 | 0.9700 |
| 2018 | 32.44 | 67.56 | 2.5500 | 1.0400 |
| 2019 | 29.04 | 70.96 | 2.8300 | 1.6900 |
| 2020 | 33.02 | 66.98 | 2.5700 | 1.9100 |
| 2021 | 40.92 | 59.08 | 1.9500 | 1.2700 |
| 2022 | 40.38 | 59.62 | 1.9100 | 1.2500 |
| 2023 | 35.95 | 64.05 | 2.1300 | 1.5700 |
| 2024 | 38.08 | 61.92 | 1.9500 | 1.2800 |
| 2025 | -- | -- | -- | -- |
成本费用分析
| 类别\年份 | 营业成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 2007 | 1588000000.0000 | 143000000.0000 | 67165100.0000 | 7578900.0000 |
| 2008 | 2736000000.0000 | 238000000.0000 | 91215000.0000 | 5327200.0000 |
| 2009 | 3336000000.0000 | 340000000.0000 | 134000000.0000 | 284000.0000 |
| 2010 | 4908000000.0000 | 583000000.0000 | 169000000.0000 | -12801900.0000 |
| 2011 | 6139000000.0000 | 901000000.0000 | 221000000.0000 | 216000.0000 |
| 2012 | 6074000000.0000 | 1062000000.0000 | 227000000.0000 | 126800.0000 |
| 2013 | 6068000000.0000 | 921000000.0000 | 261000000.0000 | -176000000.0000 |
| 2014 | 6733000000.0000 | 919000000.0000 | 312000000.0000 | -136000000.0000 |
| 2015 | 7723000000.0000 | 1120000000.0000 | 387000000.0000 | -147000000.0000 |
| 2016 | 8887000000.0000 | 1455000000.0000 | 552000000.0000 | 381200.0000 |
| 2017 | 10628000000.0000 | 1763000000.0000 | 285000000.0000 | 995100.0000 |
| 2018 | 13825000000.0000 | 2570000000.0000 | 522000000.0000 | 33488700.0000 |
| 2019 | 17251000000.0000 | 4055000000.0000 | 1029000000.0000 | 11527400.0000 |
| 2020 | 14212000000.0000 | 3349000000.0000 | 824000000.0000 | 53187700.0000 |
| 2021 | 13656000000.0000 | 3381000000.0000 | 621000000.0000 | 94395000.0000 |
| 2022 | 12637000000.0000 | 3262000000.0000 | 590000000.0000 | 85006800.0000 |
| 2023 | 12263000000.0000 | 3294000000.0000 | 630000000.0000 | 42131400.0000 |
| 2024 | 13134000000.0000 | 3751000000.0000 | 593000000.0000 | 50595100.0000 |
| 2025 | 13899000000.0000 | 4235000000.0000 | 604000000.0000 | -93395300.0000 |