中商官网
研究报告
华源控股（002787）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业收入同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 2024-12-31 | 2449000000.0000 | 1.58 | 97777700.0000 | 894.20 | 94344200.0000 | 944.86 | 68538700.0000 | 742.72 |
| 2025-03-31 | 562000000.0000 | -3.27 | 25481300.0000 | 12.63 | 24501900.0000 | 13.28 | 21905900.0000 | 15.43 |
| 2024-09-30 | 1879000000.0000 | 4.97 | 63774800.0000 | 150.63 | 62831600.0000 | 143.31 | 58006400.0000 | 139.48 |
| 2024-06-30 | 1232000000.0000 | 7.32 | 47939200.0000 | 433.68 | 47008200.0000 | 387.99 | 41673200.0000 | 296.30 |
| 2024-03-31 | 581000000.0000 | 8.80 | 22623800.0000 | 964.20 | 21630100.0000 | 852.20 | 18977000.0000 | 781.01 |
| 2023-12-31 | 2411000000.0000 | 6.49 | 9834800.0000 | -120.29 | 9029400.0000 | -45.09 | 8133000.0000 | -27.80 |
| 2023-09-30 | 1790000000.0000 | 4.25 | 25445600.0000 | 15.83 | 25823200.0000 | -49.32 | 24221500.0000 | -47.21 |
| 2023-06-30 | 1148000000.0000 | 5.03 | 8982800.0000 | -27.26 | 9633100.0000 | -74.84 | 10515500.0000 | -71.91 |
| 2022-12-31 | 2264000000.0000 | -3.58 | -48480700.0000 | -263.01 | 16444200.0000 | -41.33 | 11265100.0000 | -37.34 |
| 2023-03-31 | 534000000.0000 | 1.52 | 2125900.0000 | -59.19 | 2271600.0000 | -49.97 | 2154000.0000 | -33.99 |
| 2022-09-30 | 1717000000.0000 | -0.17 | 21968700.0000 | -68.39 | 50950100.0000 | -25.99 | 45882000.0000 | -24.03 |
| 2022-06-30 | 1093000000.0000 | -2.58 | 12349600.0000 | -68.89 | 38281000.0000 | -1.45 | 37434000.0000 | 16.28 |
| 2022-03-31 | 526000000.0000 | 9.58 | 5209500.0000 | -40.42 | 4540800.0000 | -48.75 | 3262900.0000 | -42.15 |
| 2021-12-31 | 2348000000.0000 | 31.76 | 29741100.0000 | -50.51 | 28030400.0000 | -51.66 | 17978800.0000 | -62.07 |
| 2021-06-30 | 1122000000.0000 | 54.55 | 39702600.0000 | 8.75 | 38845100.0000 | 6.58 | 32192200.0000 | 7.27 |
| 2021-09-30 | 1720000000.0000 | 37.38 | 69503400.0000 | -4.45 | 68843100.0000 | -2.60 | 60396600.0000 | 3.55 |
| 2021-03-31 | 480000000.0000 | 104.26 | 8743800.0000 | 46.65 | 8859600.0000 | 49.63 | 5640500.0000 | 42.50 |
| 2020-12-31 | 1782000000.0000 | 6.96 | 60097300.0000 | -24.19 | 57983200.0000 | -29.61 | 47398000.0000 | -30.54 |
| 2020-09-30 | 1252000000.0000 | 2.96 | 72738500.0000 | 24.73 | 70683800.0000 | 24.90 | 58325600.0000 | 32.80 |
| 2020-06-30 | 726000000.0000 | -7.04 | 36507300.0000 | 0.62 | 36445400.0000 | 6.23 | 30010100.0000 | 14.34 |
| 2020-03-31 | 235000000.0000 | -34.54 | 5962200.0000 | -51.04 | 5921100.0000 | -48.19 | 3958300.0000 | -47.04 |
| 2019-12-31 | 1666000000.0000 | 20.38 | 79271900.0000 | 13.91 | 82370200.0000 | 19.76 | 68238300.0000 | 26.57 |
| 2019-09-30 | 1216000000.0000 | 22.21 | 58316100.0000 | -16.88 | 56593400.0000 | -18.92 | 43920100.0000 | -20.67 |
| 2019-06-30 | 781000000.0000 | 33.28 | 36283600.0000 | -25.91 | 34309300.0000 | -29.12 | 26246900.0000 | -33.97 |
| 2018-12-31 | 1384000000.0000 | 20.45 | 69594200.0000 | -39.48 | 68778600.0000 | -39.67 | 53915200.0000 | -42.20 |
| 2019-03-31 | 359000000.0000 | 46.53 | 12177900.0000 | -23.10 | 11429500.0000 | -23.67 | 7474000.0000 | -38.60 |
| 2018-09-30 | 995000000.0000 | 13.20 | 70162100.0000 | -26.21 | 69800500.0000 | -25.99 | 55365700.0000 | -27.84 |
| 2018-06-30 | 586000000.0000 | 4.46 | 48969700.0000 | -20.33 | 48407100.0000 | -19.95 | 39752200.0000 | -17.80 |
| 2018-03-31 | 245000000.0000 | -4.67 | 15836000.0000 | -45.70 | 14973400.0000 | -47.13 | 12173000.0000 | -45.10 |
| 2017-12-31 | 1149000000.0000 | 14.10 | 115000000.0000 | -6.50 | 114000000.0000 | -14.29 | 93284600.0000 | -13.63 |
| 2017-09-30 | 879000000.0000 | 18.62 | 95087300.0000 | -8.57 | 94309500.0000 | -15.80 | 76725300.0000 | -16.05 |
| 2017-06-30 | 561000000.0000 | 20.65 | 61462700.0000 | -14.17 | 60472800.0000 | -22.64 | 48360100.0000 | -24.90 |
| 2017-03-31 | 257000000.0000 | 28.50 | 29166100.0000 | 1.25 | 28322800.0000 | -18.85 | 22174200.0000 | -22.40 |
| 2016-09-30 | 741000000.0000 | 9.62 | 104000000.0000 | 43.29 | 112000000.0000 | 50.95 | 91391100.0000 | 49.00 |
| 2016-12-31 | 1007000000.0000 | 10.66 | 123000000.0000 | 25.33 | 133000000.0000 | 30.39 | 108000000.0000 | 28.36 |
| 2016-03-31 | 200000000.0000 | 4.71 | 28805300.0000 | 56.72 | 34902800.0000 | 90.44 | 28574200.0000 | 84.94 |
| 2016-06-30 | 465000000.0000 | 4.97 | 71606900.0000 | 53.92 | 78175200.0000 | 65.73 | 64393400.0000 | 62.00 |
| 2015-12-31 | 910000000.0000 | 9.38 | 98143700.0000 | 18.38 | 102000000.0000 | 18.54 | 84137600.0000 | 15.70 |
| 2015-09-30 | 676000000.0000 | 8.16 | 72579500.0000 | 16.88 | 74198800.0000 | 14.96 | 61338300.0000 | 12.73 |
| 2015-03-31 | 191000000.0000 | 14.37 | 18380200.0000 | 24.20 | 18327100.0000 | 13.78 | 15450500.0000 | 21.56 |
| 2015-06-30 | 443000000.0000 | -- | 46523600.0000 | -- | 47171000.0000 | -- | 39748400.0000 | -- |
| 2014-12-31 | 832000000.0000 | 17.51 | 82908200.0000 | -1.53 | 86049800.0000 | -0.75 | 72722700.0000 | 4.89 |
| 2014-09-30 | 625000000.0000 | -- | 62099400.0000 | -- | 64544400.0000 | -- | 54411600.0000 | -- |
| 2014-03-31 | 167000000.0000 | -- | 14799100.0000 | -- | 16107700.0000 | -- | 12710400.0000 | -- |
| 2013-12-31 | 708000000.0000 | 30.39 | 84193200.0000 | 27.36 | 86696600.0000 | 19.42 | 69334400.0000 | 16.28 |
| 2012-12-31 | 543000000.0000 | 5.23 | 66106400.0000 | -3.13 | 72599000.0000 | 2.96 | 59628300.0000 | 5.32 |
| 2011-12-31 | 516000000.0000 | -- | 68242800.0000 | -- | 70514900.0000 | -- | 56614400.0000 | -- |
| 2025-06-30 | 1162000000.0000 | -5.68 | 53869600.0000 | 12.37 | 53166100.0000 | 13.10 | 48144300.0000 | 15.53 |
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) |
| 2024-12 | 2.69 | 3.85 | 3.34 | 4.2800 | 5.5200 | 4.79 | 0.87 |
| 2025-03 | 3.91 | 4.36 | 0.88 | 1.2000 | 1.3000 | 4.15 | 0.20 |
| 2024-09 | 2.45 | 3.34 | 2.18 | 3.6500 | 3.8800 | 4.19 | 0.65 |
| 2024-06 | 2.68 | 3.82 | 1.73 | 2.5800 | 2.4300 | 3.91 | 0.45 |
| 2024-03 | 2.41 | 3.72 | 0.82 | 1.1800 | 1.1600 | 4.16 | 0.22 |
| 2023-12 | -0.17 | 0.37 | 0.33 | 0.5600 | 5.2900 | 4.83 | 0.88 |
| 2023-09 | 1.06 | 1.44 | 0.92 | 1.5500 | 3.7200 | 3.92 | 0.64 |
| 2023-06 | 0.52 | 0.84 | 0.34 | 0.6700 | 2.2700 | 3.87 | 0.40 |
| 2022-12 | -2.56 | 0.73 | 0.59 | 0.7000 | 5.0000 | 4.62 | 0.81 |
| 2023-03 | 0.00 | 0.43 | 0.09 | 0.1400 | 1.2300 | 4.08 | 0.20 |
| 2022-09 | 0.64 | 2.97 | 1.80 | 2.8600 | 3.4700 | 4.01 | 0.61 |
| 2022-06 | 0.55 | 3.50 | 1.31 | 2.3400 | 2.1400 | 3.67 | 0.37 |
| 2022-03 | 0.76 | 0.86 | 0.16 | 0.2000 | 1.0600 | 3.81 | 0.19 |
| 2021-12 | 0.89 | 1.19 | 0.98 | 1.1100 | 4.9700 | 4.95 | 0.82 |
| 2021-06 | 3.12 | 3.46 | 1.31 | 2.0100 | 2.3000 | 4.42 | 0.38 |
| 2021-09 | 3.78 | 4.00 | 2.22 | 3.7500 | 3.2200 | 4.25 | 0.55 |
| 2021-03 | 1.46 | 1.85 | 0.31 | 0.3500 | 1.0000 | 4.07 | 0.17 |
| 2020-12 | 2.41 | 3.25 | 2.27 | 3.0100 | 4.3000 | 4.13 | 0.70 |
| 2020-09 | 4.95 | 5.65 | 2.77 | 3.7200 | 3.3400 | 3.56 | 0.49 |
| 2020-06 | 4.13 | 5.02 | 1.52 | 1.9300 | 2.0600 | 3.31 | 0.30 |
| 2020-03 | 1.70 | 2.52 | 0.25 | 0.2600 | 0.5900 | 2.61 | 0.10 |
| 2019-12 | 3.78 | 4.94 | 3.48 | 4.4900 | 4.6900 | 4.09 | 0.70 |
| 2019-09 | 4.03 | 4.65 | 2.36 | 2.9000 | 3.5200 | 3.92 | 0.51 |
| 2019-06 | 3.84 | 4.39 | 1.47 | 1.7400 | 2.3100 | 3.82 | 0.34 |
| 2018-12 | 4.84 | 4.97 | 2.98 | 4.5700 | 4.2600 | 5.05 | 0.60 |
| 2019-03 | 3.06 | 3.18 | 0.51 | 0.5000 | 1.1000 | 3.76 | 0.16 |
| 2018-09 | 6.73 | 7.02 | 3.57 | 5.3400 | 2.6900 | 4.68 | 0.51 |
| 2018-06 | 8.02 | 8.26 | 2.57 | 3.8200 | 1.5800 | 4.20 | 0.31 |
| 2018-03 | 6.53 | 6.11 | 1.08 | 1.2000 | 0.7600 | 4.71 | 0.18 |
| 2017-12 | 9.23 | 9.92 | 8.42 | 9.6100 | 4.2700 | 5.68 | 0.85 |
| 2017-09 | 10.13 | 10.73 | 6.67 | 7.9900 | 3.1900 | 4.02 | 0.62 |
| 2017-06 | 9.98 | 10.78 | 4.72 | 5.0200 | 2.0600 | 4.18 | 0.44 |
| 2017-03 | 10.51 | 11.02 | 2.26 | 2.3100 | 1.0600 | 4.07 | 0.20 |
| 2016-09 | 13.77 | 15.11 | 9.92 | 9.5700 | 3.2800 | 4.13 | 0.66 |
| 2016-12 | 12.12 | 13.21 | 11.01 | 11.6000 | 4.6100 | 4.35 | 0.83 |
| 2016-03 | 14.50 | 17.45 | 3.11 | 3.0900 | 0.9600 | 3.91 | 0.18 |
| 2016-06 | 15.27 | 16.81 | 6.69 | 6.8400 | 2.2600 | 3.99 | 0.40 |
| 2015-12 | 10.77 | 11.21 | 7.86 | 16.3200 | 4.5800 | 4.25 | 0.70 |
| 2015-09 | 10.80 | 10.98 | 7.96 | 12.1700 | 3.2600 | 3.87 | 0.73 |
| 2015-03 | 9.42 | 9.60 | 2.13 | 3.2100 | 0.9100 | 3.63 | 0.22 |
| 2015-06 | 10.38 | 10.65 | 5.28 | 8.0600 | 2.1100 | 3.80 | 0.50 |
| 2014-12 | 9.98 | 10.34 | 10.31 | 16.6400 | 4.5700 | 3.73 | 1.00 |
| 2014-09 | 9.92 | 10.33 | -- | -- | -- | -- | -- |
| 2014-03 | 8.38 | 9.65 | -- | -- | -- | -- | -- |
| 2013-12 | 11.86 | 12.25 | 11.81 | 18.9400 | 5.1200 | 3.86 | 0.96 |
| 2012-12 | 12.15 | 13.37 | 13.01 | 19.0900 | 5.4000 | 4.37 | 0.97 |
| 2011-12 | 13.18 | 13.67 | 15.43 | 22.6300 | 5.3500 | 4.53 | 1.13 |
| 2025-06 | 3.87 | 4.58 | 1.95 | -- | -- | -- | 0.43 |
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 |
| 2024-12 | 34.44 | 65.56 | 2.1300 | 1.6300 |
| 2025-03 | 32.94 | 67.02 | 2.2600 | 1.6200 |
| 2024-09 | 42.58 | 57.38 | 1.7600 | 1.2800 |
| 2024-06 | 39.72 | 60.28 | 1.6800 | 1.0900 |
| 2024-03 | 37.61 | 62.39 | 1.7400 | 1.1300 |
| 2023-12 | 39.69 | 60.31 | 1.6600 | 1.1600 |
| 2023-09 | 46.07 | 53.89 | 2.0200 | 1.3600 |
| 2023-06 | 47.54 | 52.46 | 1.9300 | 1.1500 |
| 2022-12 | 45.29 | 54.67 | 2.0100 | 1.4700 |
| 2023-03 | 42.98 | 57.06 | 2.2000 | 1.4900 |
| 2022-09 | 44.98 | 55.02 | 1.9000 | 1.2200 |
| 2022-06 | 45.78 | 54.22 | 1.8600 | 1.2100 |
| 2022-03 | 44.15 | 55.85 | 1.9100 | 1.2000 |
| 2021-12 | 44.69 | 55.31 | 1.8700 | 1.2500 |
| 2021-06 | 46.14 | 53.82 | 1.7700 | 1.0400 |
| 2021-09 | 47.55 | 52.45 | 1.7300 | 1.0500 |
| 2021-03 | 43.60 | 56.40 | 1.9200 | 1.1700 |
| 2020-12 | 38.13 | 61.87 | 2.2700 | 1.4900 |
| 2020-09 | 37.50 | 62.50 | 2.3100 | 1.5400 |
| 2020-06 | 36.13 | 63.91 | 2.6500 | 1.8900 |
| 2020-03 | 34.49 | 65.51 | 2.9600 | 1.9000 |
| 2019-12 | 34.94 | 65.06 | 2.9000 | 2.0800 |
| 2019-09 | 36.94 | 63.06 | 2.8700 | 2.1400 |
| 2019-06 | 35.77 | 64.23 | 3.0400 | 2.3200 |
| 2018-12 | 37.73 | 62.27 | 2.6000 | 1.9500 |
| 2019-03 | 33.60 | 66.44 | 3.2100 | 1.6200 |
| 2018-09 | 31.44 | 68.56 | 1.8400 | 1.1000 |
| 2018-06 | 29.49 | 70.51 | 1.9700 | 1.1400 |
| 2018-03 | 26.14 | 73.79 | 2.3200 | 1.1400 |
| 2017-12 | 25.70 | 74.22 | 2.4800 | 1.4800 |
| 2017-09 | 31.82 | 68.18 | 2.0800 | 1.1800 |
| 2017-06 | 27.19 | 72.81 | 2.3000 | 1.2600 |
| 2017-03 | 22.45 | 77.63 | 2.8800 | 1.3900 |
| 2016-09 | 17.63 | 82.37 | 4.0100 | 2.4600 |
| 2016-12 | 21.44 | 78.56 | 3.1500 | 1.8400 |
| 2016-03 | 16.40 | 83.60 | 4.4300 | 2.8600 |
| 2016-06 | 22.60 | 77.31 | 3.1100 | 2.0400 |
| 2015-12 | 29.92 | 70.08 | 2.7500 | 2.2100 |
| 2015-09 | 42.60 | 57.40 | 1.6600 | 1.0000 |
| 2015-03 | 43.07 | 56.93 | 1.6400 | 0.8800 |
| 2015-06 | 42.62 | 57.38 | 1.6600 | 0.9600 |
| 2014-12 | 43.23 | 56.77 | 1.6600 | 1.0100 |
| 2014-09 | -- | -- | -- | -- |
| 2014-03 | -- | -- | -- | -- |
| 2013-12 | 45.50 | 54.63 | 1.4800 | 0.9400 |
| 2012-12 | 40.68 | 59.32 | 1.5600 | 0.9300 |
| 2011-12 | 37.42 | 62.36 | 1.8400 | 1.1400 |
| 2025-06 | 0.00 | 0.00 | -- | -- |
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) |
| 2024-12 | 2383000000.0000 | 32641200.0000 | 127000000.0000 | 28005900.0000 |
| 2025-03 | 540000000.0000 | 5629900.0000 | 27342800.0000 | 1971800.0000 |
| 2024-09 | 1833000000.0000 | 23872600.0000 | 84815400.0000 | 26061600.0000 |
| 2024-06 | 1199000000.0000 | 14845700.0000 | 58689300.0000 | 16846000.0000 |
| 2024-03 | 567000000.0000 | 7258100.0000 | 31155400.0000 | 6822700.0000 |
| 2023-12 | 2415000000.0000 | 26753000.0000 | 114000000.0000 | 43827700.0000 |
| 2023-09 | 1771000000.0000 | 19126700.0000 | 76481200.0000 | 32396200.0000 |
| 2023-06 | 1142000000.0000 | 11048100.0000 | 53082900.0000 | 18647100.0000 |
| 2022-12 | 2322000000.0000 | 29867800.0000 | 108000000.0000 | 45882500.0000 |
| 2023-03 | 534000000.0000 | 5130700.0000 | 25489000.0000 | 10046500.0000 |
| 2022-09 | 1706000000.0000 | 18508300.0000 | 77434200.0000 | 37262600.0000 |
| 2022-06 | 1087000000.0000 | 9799300.0000 | 53499900.0000 | 26213900.0000 |
| 2022-03 | 522000000.0000 | 5045500.0000 | 21827800.0000 | 12225800.0000 |
| 2021-12 | 2327000000.0000 | 23939500.0000 | 97815400.0000 | 49824100.0000 |
| 2021-06 | 1087000000.0000 | 10563700.0000 | 45742800.0000 | 26069000.0000 |
| 2021-09 | 1655000000.0000 | 17221200.0000 | 68855100.0000 | 35272900.0000 |
| 2021-03 | 473000000.0000 | 8029700.0000 | 21488900.0000 | 11610200.0000 |
| 2020-12 | 1739000000.0000 | 25207800.0000 | 81337200.0000 | 35823400.0000 |
| 2020-09 | 1190000000.0000 | 21563500.0000 | 52709800.0000 | 28465800.0000 |
| 2020-06 | 696000000.0000 | 7543700.0000 | 38573400.0000 | 19143100.0000 |
| 2020-03 | 231000000.0000 | 10386100.0000 | 15382800.0000 | 8589700.0000 |
| 2019-12 | 1603000000.0000 | 66322500.0000 | 73959100.0000 | 37558400.0000 |
| 2019-09 | 1167000000.0000 | 46032800.0000 | 45056600.0000 | 28284000.0000 |
| 2019-06 | 751000000.0000 | 29246300.0000 | 33070600.0000 | 19828800.0000 |
| 2018-12 | 1317000000.0000 | 48521200.0000 | 58384800.0000 | 17098500.0000 |
| 2019-03 | 348000000.0000 | 14404500.0000 | 16198200.0000 | 8729300.0000 |
| 2018-09 | 928000000.0000 | 34768800.0000 | 37389200.0000 | 6994700.0000 |
| 2018-06 | 539000000.0000 | 20082000.0000 | 25737300.0000 | 3491900.0000 |
| 2018-03 | 229000000.0000 | 9260200.0000 | 12256600.0000 | 874400.0000 |
| 2017-12 | 1043000000.0000 | 32897000.0000 | 49405700.0000 | 2158000.0000 |
| 2017-09 | 790000000.0000 | 24760800.0000 | 40482400.0000 | 1271500.0000 |
| 2017-06 | 505000000.0000 | 15623100.0000 | 41872300.0000 | 922800.0000 |
| 2017-03 | 230000000.0000 | 7974300.0000 | 18233100.0000 | 206700.0000 |
| 2016-09 | 639000000.0000 | 24604100.0000 | 53700800.0000 | 973400.0000 |
| 2016-12 | 885000000.0000 | 42652600.0000 | 74730800.0000 | 2250200.0000 |
| 2016-03 | 171000000.0000 | 7172900.0000 | 17239000.0000 | 909700.0000 |
| 2016-06 | 394000000.0000 | 15918600.0000 | 34128700.0000 | 1493900.0000 |
| 2015-12 | 812000000.0000 | 31855900.0000 | 61232500.0000 | 13590900.0000 |
| 2015-09 | 603000000.0000 | 23484200.0000 | 41400300.0000 | 9281900.0000 |
| 2015-03 | 173000000.0000 | 6791900.0000 | 12108800.0000 | 3069000.0000 |
| 2015-06 | 397000000.0000 | 14594900.0000 | 24754100.0000 | 6202300.0000 |
| 2014-12 | 749000000.0000 | 27137700.0000 | 44920900.0000 | 15828000.0000 |
| 2014-09 | 563000000.0000 | 18990900.0000 | 34797900.0000 | 11123900.0000 |
| 2014-03 | 153000000.0000 | 5723100.0000 | 10898500.0000 | 3567200.0000 |
| 2013-12 | 624000000.0000 | 19693800.0000 | 40300700.0000 | 10680900.0000 |
| 2012-12 | 477000000.0000 | 13599400.0000 | 31795700.0000 | 6681000.0000 |
| 2011-12 | 448000000.0000 | 12129400.0000 | 28859200.0000 | 8069700.0000 |
| 2025-06 | 1117000000.0000 | 12697200.0000 | 54736000.0000 | 5396000.0000 |