中商官网
研究报告
富森美（002818）
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 （%) |
| 2025-03-31 | 330000000.0000 | -13.16 | 176000000.0000 | -21.78 | 176000000.0000 | -21.78 | 153000000.0000 | -20.73 |
| 2024-12-31 | 1430000000.0000 | -6.17 | 842000000.0000 | -12.75 | 837000000.0000 | -13.53 | 703000000.0000 | -14.89 |
| 2024-09-30 | 1079000000.0000 | -6.82 | 651000000.0000 | -11.91 | 651000000.0000 | -12.15 | 560000000.0000 | -12.09 |
| 2024-06-30 | 734000000.0000 | -5.17 | 407000000.0000 | -20.51 | 407000000.0000 | -20.66 | 351000000.0000 | -20.77 |
| 2024-03-31 | 380000000.0000 | -2.56 | 225000000.0000 | -17.28 | 225000000.0000 | -17.28 | 193000000.0000 | -17.52 |
| 2023-09-30 | 1158000000.0000 | 6.24 | 739000000.0000 | 1.23 | 741000000.0000 | 1.37 | 637000000.0000 | 1.76 |
| 2023-12-31 | 1524000000.0000 | 2.76 | 965000000.0000 | 2.44 | 968000000.0000 | 2.65 | 826000000.0000 | 2.74 |
| 2023-03-31 | 390000000.0000 | -0.26 | 272000000.0000 | 0.00 | 272000000.0000 | 0.00 | 234000000.0000 | 0.43 |
| 2023-06-30 | 774000000.0000 | -1.90 | 512000000.0000 | -8.24 | 513000000.0000 | -8.06 | 443000000.0000 | -7.52 |
| 2022-09-30 | 1090000000.0000 | -3.45 | 730000000.0000 | -12.36 | 731000000.0000 | -12.24 | 626000000.0000 | -12.08 |
| 2022-12-31 | 1483000000.0000 | -3.51 | 942000000.0000 | -14.05 | 943000000.0000 | -14.04 | 804000000.0000 | -14.10 |
| 2022-06-30 | 789000000.0000 | 6.33 | 558000000.0000 | 1.09 | 558000000.0000 | 1.09 | 479000000.0000 | 1.27 |
| 2022-03-31 | 391000000.0000 | 13.33 | 272000000.0000 | 36.00 | 272000000.0000 | 36.00 | 233000000.0000 | 33.91 |
| 2021-09-30 | 1129000000.0000 | 18.10 | 833000000.0000 | 41.91 | 833000000.0000 | 41.43 | 712000000.0000 | 43.84 |
| 2021-06-30 | 742000000.0000 | 22.04 | 552000000.0000 | 50.00 | 552000000.0000 | 50.00 | 473000000.0000 | 52.58 |
| 2021-12-31 | 1537000000.0000 | 15.74 | 1096000000.0000 | 19.13 | 1097000000.0000 | 18.98 | 936000000.0000 | 19.54 |
| 2021-03-31 | 345000000.0000 | 12.75 | 200000000.0000 | 6.38 | 200000000.0000 | 5.82 | 174000000.0000 | 9.43 |
| 2020-12-31 | 1328000000.0000 | -17.97 | 920000000.0000 | -3.97 | 922000000.0000 | -3.96 | 783000000.0000 | -2.37 |
| 2020-09-30 | 956000000.0000 | -17.80 | 587000000.0000 | -18.13 | 589000000.0000 | -17.97 | 495000000.0000 | -17.50 |
| 2020-06-30 | 608000000.0000 | -22.25 | 368000000.0000 | -23.97 | 368000000.0000 | -23.97 | 310000000.0000 | -23.46 |
| 2019-12-31 | 1619000000.0000 | 13.93 | 958000000.0000 | 10.75 | 960000000.0000 | 10.85 | 802000000.0000 | 9.12 |
| 2020-03-31 | 306000000.0000 | -9.20 | 188000000.0000 | -14.55 | 189000000.0000 | -14.09 | 159000000.0000 | -14.05 |
| 2019-09-30 | 1163000000.0000 | 8.09 | 717000000.0000 | 8.31 | 718000000.0000 | 8.30 | 600000000.0000 | 6.38 |
| 2019-06-30 | 782000000.0000 | 5.25 | 484000000.0000 | 5.68 | 484000000.0000 | 5.68 | 405000000.0000 | 3.58 |
| 2018-12-31 | 1421000000.0000 | 12.96 | 865000000.0000 | 12.48 | 866000000.0000 | 12.47 | 735000000.0000 | 12.90 |
| 2019-03-31 | 337000000.0000 | 2.74 | 220000000.0000 | 4.76 | 220000000.0000 | 4.76 | 185000000.0000 | 3.93 |
| 2018-09-30 | 1076000000.0000 | 12.43 | 662000000.0000 | 10.70 | 663000000.0000 | 10.68 | 564000000.0000 | 11.46 |
| 2018-06-30 | 743000000.0000 | 17.19 | 458000000.0000 | 14.79 | 458000000.0000 | 14.79 | 391000000.0000 | 16.02 |
| 2017-12-31 | 1258000000.0000 | 3.03 | 769000000.0000 | 17.76 | 770000000.0000 | 17.02 | 651000000.0000 | 17.09 |
| 2018-03-31 | 328000000.0000 | 8.97 | 210000000.0000 | 11.70 | 210000000.0000 | 11.70 | 178000000.0000 | 11.95 |
| 2017-09-30 | 957000000.0000 | 3.80 | 598000000.0000 | 17.95 | 599000000.0000 | 17.45 | 506000000.0000 | 17.13 |
| 2017-06-30 | 634000000.0000 | 1.77 | 399000000.0000 | 17.70 | 399000000.0000 | 16.67 | 337000000.0000 | 16.61 |
| 2017-03-31 | 301000000.0000 | -3.53 | 188000000.0000 | 8.05 | 188000000.0000 | 7.43 | 159000000.0000 | 7.43 |
| 2016-12-31 | 1221000000.0000 | 17.29 | 653000000.0000 | 23.21 | 658000000.0000 | 23.22 | 556000000.0000 | 22.74 |
| 2016-09-30 | 922000000.0000 | 25.27 | 507000000.0000 | 30.67 | 510000000.0000 | 30.77 | 432000000.0000 | 30.51 |
| 2016-06-30 | 623000000.0000 | 44.21 | 339000000.0000 | 44.87 | 342000000.0000 | 41.91 | 289000000.0000 | 40.98 |
| 2016-03-31 | 312000000.0000 | -- | 174000000.0000 | -- | 175000000.0000 | -- | 148000000.0000 | -- |
| 2015-12-31 | 1041000000.0000 | 34.84 | 530000000.0000 | 34.86 | 534000000.0000 | 35.19 | 453000000.0000 | 36.86 |
| 2015-09-30 | 736000000.0000 | -- | 388000000.0000 | -- | 390000000.0000 | -- | 331000000.0000 | -- |
| 2014-12-31 | 772000000.0000 | 4.89 | 393000000.0000 | 6.50 | 395000000.0000 | 10.34 | 331000000.0000 | 8.52 |
| 2015-06-30 | 432000000.0000 | -- | 234000000.0000 | -- | 241000000.0000 | -- | 205000000.0000 | -- |
| 2013-12-31 | 736000000.0000 | 4.69 | 369000000.0000 | -5.14 | 358000000.0000 | -8.44 | 305000000.0000 | -8.13 |
| 2012-12-31 | 703000000.0000 | 31.16 | 389000000.0000 | 46.24 | 391000000.0000 | 45.90 | 332000000.0000 | 46.26 |
| 2011-12-31 | 536000000.0000 | -- | 266000000.0000 | -- | 268000000.0000 | -- | 227000000.0000 | -- |
| 2025-06-30 | 649000000.0000 | -11.58 | 382000000.0000 | -6.14 | 383000000.0000 | -5.90 | 330000000.0000 | -5.98 |
| 2025-09-30 | 924000000.0000 | -14.37 | 568000000.0000 | -12.75 | 569000000.0000 | -12.60 | 487000000.0000 | -13.04 |
| 2026-03-31 | 258000000.0000 | -21.82 | 778000000.0000 | 342.05 | 778000000.0000 | 342.05 | 691000000.0000 | 351.63 |
| 2025-12-31 | 1199000000.0000 | -16.15 | 661000000.0000 | -21.50 | 662000000.0000 | -20.91 | 568000000.0000 | -19.20 |
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) |
| 2025-03 | 56.97 | 53.33 | 2.46 | 3.3900 | 0.2000 | 16.15 | 0.05 |
| 2024-12 | 55.45 | 58.53 | 11.90 | 11.7800 | 1.0100 | 25.73 | 0.20 |
| 2024-09 | 56.16 | 60.33 | 8.98 | 9.2200 | 0.7300 | 30.46 | 0.15 |
| 2024-06 | 57.22 | 55.45 | 5.80 | 5.7300 | 0.4800 | 31.69 | 0.10 |
| 2024-03 | 57.11 | 59.21 | 3.01 | 3.1100 | 0.2500 | 30.51 | 0.05 |
| 2023-09 | 58.72 | 63.99 | 10.76 | 10.3200 | 0.9200 | 46.94 | 0.17 |
| 2023-12 | 58.79 | 63.52 | 13.70 | 13.6200 | 1.1700 | 37.04 | 0.22 |
| 2023-03 | 59.74 | 69.74 | 3.74 | 3.7100 | 0.3300 | 45.45 | 0.05 |
| 2023-06 | 59.56 | 66.28 | 7.41 | 7.1700 | 0.6200 | 42.25 | 0.11 |
| 2022-09 | 59.27 | 67.06 | 10.51 | 10.0100 | 1.2000 | 46.81 | 0.16 |
| 2022-12 | 58.40 | 63.59 | 13.34 | 13.2400 | 1.5700 | 46.27 | 0.21 |
| 2022-06 | 61.34 | 70.72 | 7.92 | 7.6100 | 0.8500 | 63.83 | 0.11 |
| 2022-03 | 61.89 | 69.57 | 3.66 | 3.6700 | 0.4400 | 69.63 | 0.05 |
| 2021-09 | 59.88 | 73.78 | 11.91 | 12.2500 | 1.6900 | 88.02 | 0.16 |
| 2021-06 | 61.46 | 74.39 | 8.22 | 8.1300 | 1.1400 | 93.75 | 0.11 |
| 2021-12 | 59.08 | 71.37 | 15.20 | 16.0000 | 2.1800 | 75.16 | 0.21 |
| 2021-03 | 64.64 | 57.97 | 2.92 | 2.9900 | 0.4900 | 80.90 | 0.05 |
| 2020-12 | 57.45 | 69.43 | 13.81 | 14.6600 | 2.3400 | 59.21 | 0.20 |
| 2020-09 | 56.90 | 61.61 | 9.25 | 9.5900 | 1.6900 | 56.34 | 0.15 |
| 2020-06 | 56.09 | 60.53 | 5.97 | 6.1200 | 1.1000 | 53.81 | 0.10 |
| 2019-12 | 55.84 | 59.30 | 16.02 | 16.9200 | 3.1000 | 95.74 | 0.27 |
| 2020-03 | 57.19 | 61.76 | 3.14 | 3.1800 | 0.5400 | 45.06 | 0.05 |
| 2019-09 | 58.38 | 61.74 | 11.93 | 12.8200 | 2.0500 | 71.29 | 0.19 |
| 2019-06 | 59.21 | 61.89 | 8.39 | 8.7300 | 1.4500 | 66.42 | 0.14 |
| 2018-12 | 59.54 | 60.94 | 14.98 | 16.7600 | 2.6300 | 473.68 | 0.25 |
| 2019-03 | 62.91 | 65.28 | 3.75 | 4.0300 | 0.5700 | 201.12 | 0.06 |
| 2018-09 | 59.94 | 61.62 | 11.45 | 12.8700 | -- | 387.10 | 0.19 |
| 2018-06 | 60.16 | 61.64 | 8.26 | 8.9900 | -- | 529.41 | 0.13 |
| 2017-12 | 59.22 | 61.21 | 14.49 | 16.2500 | -- | 1500.00 | 0.24 |
| 2018-03 | 62.20 | 64.02 | 3.82 | 4.1100 | -- | 1058.82 | 0.06 |
| 2017-09 | 60.61 | 62.59 | 11.71 | 12.7600 | -- | 2250.00 | 0.19 |
| 2017-06 | 61.51 | 62.93 | 8.09 | 8.5600 | -- | 2769.23 | 0.13 |
| 2017-03 | 61.79 | 62.46 | 3.81 | 4.0800 | -- | 1636.36 | 0.06 |
| 2016-12 | 53.64 | 53.89 | 13.55 | 20.4200 | -- | 5142.86 | 0.25 |
| 2016-09 | 54.99 | 55.31 | 12.36 | 17.2900 | -- | 2400.00 | 0.22 |
| 2016-06 | 54.57 | 54.90 | 8.58 | 11.9100 | -- | 2571.43 | 0.16 |
| 2016-03 | 56.09 | 56.09 | -- | 6.2700 | -- | -- | -- |
| 2015-12 | 51.01 | 51.30 | 12.65 | 21.8000 | -- | 4000.00 | 0.25 |
| 2015-09 | 52.72 | 52.99 | -- | 16.3700 | -- | -- | -- |
| 2014-12 | 51.04 | 51.17 | 11.22 | 19.3900 | -- | 1285.71 | 0.22 |
| 2015-06 | 54.17 | 55.79 | 5.88 | 10.3700 | -- | 692.31 | 0.11 |
| 2013-12 | 50.14 | 48.64 | 12.87 | 21.9600 | -- | 765.96 | 0.26 |
| 2012-12 | 55.19 | 55.62 | 15.99 | 31.1000 | -- | 750.00 | 0.29 |
| 2011-12 | 49.63 | 50.00 | 13.29 | 30.6800 | -- | 654.55 | 0.27 |
| 2025-06 | 55.62 | 59.01 | 5.69 | 5.4900 | 0.4200 | 17.45 | 0.10 |
| 2025-09 | 53.25 | 61.58 | 8.58 | 8.2700 | 0.6500 | 18.37 | 0.14 |
| 2026-03 | 43.02 | 301.55 | 10.49 | 6.7000 | 0.1900 | 15.11 | 0.03 |
| 2025-12 | 50.29 | 55.21 | 9.88 | 9.8500 | 0.9000 | 17.71 | 0.18 |
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 |
| 2025-03 | 20.63 | 79.37 | 1.9000 | 1.1800 |
| 2024-12 | 14.17 | 85.83 | 2.6400 | 1.3800 |
| 2024-09 | 18.69 | 81.31 | 2.0100 | 1.3000 |
| 2024-06 | 14.69 | 85.31 | 2.3900 | 1.4600 |
| 2024-03 | 15.10 | 84.90 | 2.5400 | 1.4600 |
| 2023-09 | 13.48 | 86.52 | 2.6200 | 1.6700 |
| 2023-12 | 13.05 | 86.95 | 2.8400 | 1.5200 |
| 2023-03 | 12.52 | 87.48 | 2.6300 | 1.5000 |
| 2023-06 | 12.34 | 87.66 | 2.9000 | 1.7400 |
| 2022-09 | 14.39 | 85.60 | 2.5400 | 1.6500 |
| 2022-12 | 13.21 | 86.79 | 2.8600 | 1.8300 |
| 2022-06 | 13.32 | 86.68 | 2.8300 | 1.4700 |
| 2022-03 | 13.02 | 86.98 | 3.3400 | 2.0800 |
| 2021-09 | 14.14 | 85.86 | 3.1300 | 2.3100 |
| 2021-06 | 14.11 | 85.88 | 3.2200 | 2.4100 |
| 2021-12 | 13.71 | 86.29 | 3.1900 | 1.9700 |
| 2021-03 | 13.69 | 86.31 | 3.3600 | 2.1500 |
| 2020-12 | 13.99 | 86.01 | 3.1700 | 2.0300 |
| 2020-09 | 14.28 | 85.72 | 2.8700 | 2.1600 |
| 2020-06 | 14.04 | 85.98 | 2.7700 | 2.2300 |
| 2019-12 | 16.85 | 83.15 | 2.4000 | 2.0300 |
| 2020-03 | 15.14 | 84.86 | 2.5400 | 2.0900 |
| 2019-09 | 20.51 | 79.50 | 1.9200 | 1.7200 |
| 2019-06 | 18.32 | 81.70 | 1.9600 | 1.7500 |
| 2018-12 | 22.09 | 77.91 | 1.5200 | 1.3300 |
| 2019-03 | 20.00 | 79.99 | 1.7600 | 1.5500 |
| 2018-09 | 25.26 | 74.74 | 1.1900 | 1.1300 |
| 2018-06 | 21.18 | 78.82 | 1.2400 | 0.6400 |
| 2017-12 | 20.19 | 79.81 | 1.5300 | 0.9500 |
| 2018-03 | 19.65 | 80.35 | 1.2300 | 1.0000 |
| 2017-09 | 19.89 | 80.11 | 1.4600 | 1.0700 |
| 2017-06 | 20.41 | 79.59 | 1.2300 | 0.8100 |
| 2017-03 | 19.54 | 80.46 | 1.2700 | 1.2600 |
| 2016-12 | 21.50 | 78.50 | 1.0700 | 1.0600 |
| 2016-09 | 34.20 | 65.80 | 0.3800 | 0.3700 |
| 2016-06 | 35.42 | 64.56 | 0.2300 | 0.2100 |
| 2016-03 | -- | -- | -- | -- |
| 2015-12 | 45.93 | 54.07 | 0.3900 | 0.3800 |
| 2015-09 | -- | -- | -- | -- |
| 2014-12 | 46.85 | 53.13 | 0.4000 | 0.3800 |
| 2015-06 | 50.35 | 49.65 | 0.4000 | 0.3800 |
| 2013-12 | 44.62 | 55.34 | 0.4300 | 0.4100 |
| 2012-12 | 49.51 | 50.49 | 0.1800 | 0.1600 |
| 2011-12 | 55.21 | 44.79 | 0.5900 | 0.5700 |
| 2025-06 | 13.03 | 86.98 | 2.8000 | 1.6900 |
| 2025-09 | 13.45 | 86.55 | 2.7000 | 1.8300 |
| 2026-03 | 12.24 | 87.76 | 4.6000 | 3.8500 |
| 2025-12 | 13.15 | 86.85 | 2.9100 | 2.1400 |
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) |
| 2025-03 | 142000000.0000 | 1205400.0000 | 14105700.0000 | -179000.0000 |
| 2024-12 | 637000000.0000 | 5193800.0000 | 64944300.0000 | 571500.0000 |
| 2024-09 | 473000000.0000 | 3678600.0000 | 47647600.0000 | -572700.0000 |
| 2024-06 | 314000000.0000 | 2516900.0000 | 32490800.0000 | 279100.0000 |
| 2024-03 | 163000000.0000 | 1180700.0000 | 16403200.0000 | -107900.0000 |
| 2023-09 | 478000000.0000 | 8586700.0000 | 55949800.0000 | -862400.0000 |
| 2023-12 | 628000000.0000 | 7711500.0000 | 73948500.0000 | 379200.0000 |
| 2023-03 | 157000000.0000 | 1217200.0000 | 17809600.0000 | -179400.0000 |
| 2023-06 | 313000000.0000 | 3609300.0000 | 38289500.0000 | 160600.0000 |
| 2022-09 | 444000000.0000 | 6047900.0000 | 51050700.0000 | -492400.0000 |
| 2022-12 | 617000000.0000 | 8660700.0000 | 71298200.0000 | 504300.0000 |
| 2022-06 | 305000000.0000 | 3624000.0000 | 35731000.0000 | 254200.0000 |
| 2022-03 | 149000000.0000 | 1492500.0000 | 17364000.0000 | -89800.0000 |
| 2021-09 | 453000000.0000 | 4093200.0000 | 55290500.0000 | 52400.0000 |
| 2021-06 | 286000000.0000 | 1538300.0000 | 31878000.0000 | 1612000.0000 |
| 2021-12 | 629000000.0000 | 7125500.0000 | 77419300.0000 | 2004300.0000 |
| 2021-03 | 122000000.0000 | 313100.0000 | 13137800.0000 | -863100.0000 |
| 2020-12 | 565000000.0000 | 4867000.0000 | 56799400.0000 | 523000.0000 |
| 2020-09 | 412000000.0000 | 2003500.0000 | 46227500.0000 | -4777200.0000 |
| 2020-06 | 267000000.0000 | 607100.0000 | 29431500.0000 | 215300.0000 |
| 2019-12 | 715000000.0000 | 2396700.0000 | 62045900.0000 | 561000.0000 |
| 2020-03 | 131000000.0000 | 111600.0000 | 13799100.0000 | -2783900.0000 |
| 2019-09 | 484000000.0000 | 1894000.0000 | 43220700.0000 | -5430200.0000 |
| 2019-06 | 319000000.0000 | 1616800.0000 | 27535200.0000 | 279800.0000 |
| 2018-12 | 575000000.0000 | 1800000.0000 | 53891000.0000 | 1093000.0000 |
| 2019-03 | 125000000.0000 | 45300.0000 | 13532800.0000 | -1951300.0000 |
| 2018-09 | 431000000.0000 | 1499200.0000 | 40562500.0000 | -2621100.0000 |
| 2018-06 | 296000000.0000 | 1158500.0000 | 24328400.0000 | 545000.0000 |
| 2017-12 | 513000000.0000 | 2002900.0000 | 43394500.0000 | 1093000.0000 |
| 2018-03 | 124000000.0000 | 367800.0000 | 10704900.0000 | 13200.0000 |
| 2017-09 | 377000000.0000 | 1694500.0000 | 32906200.0000 | -525900.0000 |
| 2017-06 | 244000000.0000 | 820300.0000 | 20778400.0000 | 545000.0000 |
| 2017-03 | 115000000.0000 | 471000.0000 | 9558300.0000 | -162000.0000 |
| 2016-12 | 566000000.0000 | 3134100.0000 | 47262800.0000 | 28158800.0000 |
| 2016-09 | 415000000.0000 | 1403200.0000 | 28305800.0000 | 23299800.0000 |
| 2016-06 | 283000000.0000 | 833100.0000 | 18561700.0000 | 18025400.0000 |
| 2016-03 | 137000000.0000 | 362800.0000 | 9106900.0000 | 10085200.0000 |
| 2015-12 | 510000000.0000 | 2850900.0000 | 41992000.0000 | 45261900.0000 |
| 2015-09 | 348000000.0000 | 1630700.0000 | 28032200.0000 | 34131300.0000 |
| 2014-12 | 378000000.0000 | 885400.0000 | 38115000.0000 | 40898600.0000 |
| 2015-06 | 198000000.0000 | 1187900.0000 | 18370900.0000 | 18827300.0000 |
| 2013-12 | 367000000.0000 | 1931200.0000 | 37016400.0000 | 37655500.0000 |
| 2012-12 | 315000000.0000 | 2452400.0000 | 33863200.0000 | 38908300.0000 |
| 2011-12 | 270000000.0000 | 3234900.0000 | 34806300.0000 | 41008300.0000 |
| 2025-06 | 288000000.0000 | 2793200.0000 | 29131200.0000 | 273300.0000 |
| 2025-09 | 432000000.0000 | 4277500.0000 | 42216800.0000 | -116100.0000 |
| 2026-03 | 147000000.0000 | 914300.0000 | 14603900.0000 | 86700.0000 |
| 2025-12 | 596000000.0000 | 5653500.0000 | 59752000.0000 | 514700.0000 |