中商官网
研究报告
高争民爆（002827）
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 | 1692000000.0000 | 8.95 | 188000000.0000 | 37.23 | 190000000.0000 | 39.71 | 174000000.0000 | 42.62 |
| 2025-03-31 | 304000000.0000 | 17.37 | 15524900.0000 | 421.74 | 14017100.0000 | 316.42 | 10586900.0000 | 497.99 |
| 2024-09-30 | 1172000000.0000 | 1.38 | 128000000.0000 | 18.52 | 128000000.0000 | 18.52 | 116000000.0000 | 20.24 |
| 2024-06-30 | 724000000.0000 | 5.23 | 60499300.0000 | 49.30 | 60908300.0000 | 49.94 | 55874100.0000 | 57.93 |
| 2023-12-31 | 1553000000.0000 | 36.95 | 137000000.0000 | 103.25 | 136000000.0000 | 95.39 | 122000000.0000 | 83.75 |
| 2024-03-31 | 259000000.0000 | -1.15 | 2975600.0000 | -0.98 | 3366100.0000 | 12.07 | 1770400.0000 | 16.22 |
| 2023-06-30 | 688000000.0000 | 37.33 | 40522400.0000 | 31.75 | 40621400.0000 | 34.40 | 35379900.0000 | 27.30 |
| 2023-09-30 | 1156000000.0000 | 37.95 | 108000000.0000 | 116.49 | 108000000.0000 | 119.50 | 96471600.0000 | 116.36 |
| 2023-03-31 | 262000000.0000 | 42.39 | 3005200.0000 | 114.64 | 3003500.0000 | 109.70 | 1523300.0000 | 89.37 |
| 2022-12-31 | 1134000000.0000 | 21.54 | 67405700.0000 | -28.45 | 69606000.0000 | -24.01 | 66393600.0000 | -10.72 |
| 2022-09-30 | 838000000.0000 | 28.33 | 49886000.0000 | -20.37 | 49202700.0000 | -17.56 | 44589200.0000 | -6.05 |
| 2022-06-30 | 501000000.0000 | 25.88 | 30757000.0000 | -4.52 | 30223200.0000 | 2.35 | 27792300.0000 | 15.19 |
| 2022-03-31 | 184000000.0000 | 15.00 | 1400100.0000 | 11.55 | 1432300.0000 | 18.75 | 804400.0000 | 37.98 |
| 2021-12-31 | 933000000.0000 | 23.41 | 94211500.0000 | 29.70 | 91604700.0000 | 30.34 | 74368400.0000 | 20.68 |
| 2021-06-30 | 398000000.0000 | 65.15 | 32212400.0000 | 206.94 | 29529300.0000 | 190.51 | 24127700.0000 | 128.62 |
| 2021-09-30 | 653000000.0000 | 38.05 | 62645200.0000 | 37.51 | 59679600.0000 | 32.44 | 47458300.0000 | 18.51 |
| 2021-03-31 | 160000000.0000 | 153.09 | 1255100.0000 | -107.82 | 1206100.0000 | -107.37 | 583000.0000 | -103.55 |
| 2020-12-31 | 756000000.0000 | 107.69 | 72638700.0000 | 125.23 | 70281500.0000 | 128.40 | 61623700.0000 | 134.81 |
| 2020-06-30 | 241000000.0000 | 68.53 | 10494700.0000 | 8.55 | 10164700.0000 | 4.70 | 10553600.0000 | 33.12 |
| 2020-09-30 | 473000000.0000 | 89.20 | 45555600.0000 | 68.95 | 45061300.0000 | 66.89 | 40046900.0000 | 66.75 |
| 2019-12-31 | 364000000.0000 | 1.68 | 32251500.0000 | -55.56 | 30771400.0000 | -56.75 | 26243600.0000 | -57.70 |
| 2020-03-31 | 63218400.0000 | 36.53 | -16057900.0000 | 102.77 | -16374200.0000 | 106.72 | -16437600.0000 | 102.49 |
| 2019-09-30 | 250000000.0000 | -0.79 | 26963300.0000 | -56.28 | 27000000.0000 | -56.03 | 24016800.0000 | -56.87 |
| 2019-06-30 | 143000000.0000 | -5.92 | 9668000.0000 | -68.10 | 9708400.0000 | -67.97 | 7928000.0000 | -70.81 |
| 2019-03-31 | 46304700.0000 | -21.70 | -7919400.0000 | -258.10 | -7921100.0000 | -258.34 | -8117700.0000 | -288.78 |
| 2018-12-31 | 358000000.0000 | -20.44 | 72579600.0000 | -40.02 | 71148400.0000 | -40.71 | 62038200.0000 | -43.08 |
| 2018-09-30 | 252000000.0000 | -19.23 | 61668000.0000 | -34.50 | 61408900.0000 | -37.41 | 55687200.0000 | -37.06 |
| 2018-06-30 | 152000000.0000 | -29.30 | 30306000.0000 | -51.36 | 30307800.0000 | -51.11 | 27164400.0000 | -51.06 |
| 2017-12-31 | 450000000.0000 | 6.38 | 121000000.0000 | -3.97 | 120000000.0000 | -0.83 | 109000000.0000 | -0.91 |
| 2018-03-31 | 59136400.0000 | -23.18 | 5009200.0000 | -59.58 | 5002600.0000 | -59.78 | 4300000.0000 | -62.66 |
| 2017-06-30 | 215000000.0000 | 45.27 | 62309600.0000 | 37.92 | 61996700.0000 | 36.40 | 55506500.0000 | 35.87 |
| 2017-09-30 | 312000000.0000 | 15.56 | 94153800.0000 | 7.69 | 98106200.0000 | 11.25 | 88470600.0000 | 10.47 |
| 2016-12-31 | 423000000.0000 | 71.95 | 126000000.0000 | 67.50 | 121000000.0000 | 59.92 | 110000000.0000 | 65.50 |
| 2017-03-31 | 76984900.0000 | 79.86 | 12392000.0000 | 86.58 | 12438000.0000 | 74.74 | 11515700.0000 | 77.98 |
| 2016-09-30 | 270000000.0000 | 74.19 | 87429300.0000 | 77.25 | 88183400.0000 | 79.41 | 80085800.0000 | 88.64 |
| 2016-06-30 | 148000000.0000 | 37.04 | 45177400.0000 | 22.40 | 45451400.0000 | 23.83 | 40854000.0000 | 31.18 |
| 2016-03-31 | 42803300.0000 | -- | 6641800.0000 | -- | 7118100.0000 | -- | 6470200.0000 | -- |
| 2015-12-31 | 246000000.0000 | 7.42 | 75222900.0000 | -0.59 | 75661200.0000 | -1.63 | 66466900.0000 | 4.92 |
| 2015-06-30 | 108000000.0000 | -- | 36910800.0000 | -- | 36703200.0000 | -- | 31143400.0000 | -- |
| 2015-09-30 | 155000000.0000 | -- | 49325000.0000 | -- | 49151500.0000 | -- | 42454200.0000 | -- |
| 2013-12-31 | 193000000.0000 | -1.03 | 62679400.0000 | 3.67 | 62773900.0000 | 12.05 | 52032000.0000 | 12.39 |
| 2014-12-31 | 229000000.0000 | 18.65 | 75671400.0000 | 20.73 | 76911200.0000 | 22.52 | 63351200.0000 | 21.75 |
| 2012-12-31 | 195000000.0000 | -- | 60458500.0000 | -- | 56024900.0000 | -- | 46293900.0000 | -- |
| 2025-06-30 | 771000000.0000 | 6.49 | 78644500.0000 | 29.99 | 76971100.0000 | 26.37 | 66600700.0000 | 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) |
| 2024-12 | 10.40 | 11.23 | 7.39 | 16.9700 | 12.8400 | 1.95 | 0.66 |
| 2025-03 | 3.29 | 4.61 | 0.53 | 1.8800 | 2.5100 | 1.33 | 0.12 |
| 2024-09 | 9.98 | 10.92 | 4.72 | 12.9500 | 9.3900 | 1.89 | 0.43 |
| 2024-06 | 7.18 | 8.41 | 2.28 | 6.5400 | 5.5200 | 1.72 | 0.27 |
| 2023-12 | 8.24 | 8.76 | 5.18 | 12.2300 | 11.8400 | 2.37 | 0.59 |
| 2024-03 | -0.77 | 1.30 | 0.13 | 1.1000 | 2.1800 | 1.35 | 0.10 |
| 2023-06 | 5.67 | 5.90 | 1.66 | 4.1800 | 5.4000 | 2.29 | 0.28 |
| 2023-09 | 8.65 | 9.34 | 4.28 | 10.3500 | 8.2300 | 2.49 | 0.46 |
| 2023-03 | 1.15 | 1.15 | 0.13 | 0.6000 | 2.1000 | 1.96 | 0.12 |
| 2022-12 | 4.76 | 6.14 | 3.28 | 6.9100 | 11.6200 | 2.54 | 0.53 |
| 2022-09 | 5.01 | 5.87 | 2.40 | 5.2000 | 10.1500 | 2.42 | 0.41 |
| 2022-06 | 4.59 | 6.03 | 1.73 | 3.4400 | 7.5500 | 2.43 | 0.29 |
| 2022-03 | 0.00 | 0.78 | 0.09 | 0.2000 | 3.0500 | 1.95 | 0.12 |
| 2021-12 | 9.97 | 9.82 | 5.70 | 6.8600 | 15.3800 | 2.99 | 0.58 |
| 2021-06 | 7.79 | 7.42 | 2.00 | 1.7600 | 8.2900 | 2.99 | 0.27 |
| 2021-09 | 9.34 | 9.14 | 3.98 | 3.9400 | 15.2200 | 3.07 | 0.44 |
| 2021-03 | 0.63 | 0.75 | 0.08 | -0.1000 | 3.8300 | 2.66 | 0.11 |
| 2020-12 | 9.26 | 9.30 | 4.77 | 4.8000 | 21.0300 | 3.25 | 0.51 |
| 2020-06 | 3.73 | 4.22 | 0.77 | 0.1600 | 9.0200 | 2.32 | 0.18 |
| 2020-09 | 9.30 | 9.53 | 3.30 | 3.4300 | 14.7500 | 3.00 | 0.35 |
| 2019-12 | 7.42 | 8.45 | 2.52 | 3.0600 | 12.5100 | 2.78 | 0.30 |
| 2020-03 | -27.16 | -25.90 | -1.38 | -2.0700 | 2.5300 | 1.31 | 0.05 |
| 2019-09 | 9.60 | 10.80 | 2.69 | 2.8600 | 8.9100 | 5.23 | 0.25 |
| 2019-06 | 5.59 | 6.79 | 0.98 | 0.7600 | 4.7300 | 5.12 | 0.14 |
| 2019-03 | -17.95 | -17.11 | -0.83 | -0.9900 | 1.4200 | 3.67 | 0.05 |
| 2018-12 | 17.32 | 19.87 | 7.24 | 7.4900 | 10.4900 | 7.92 | 0.36 |
| 2018-09 | 21.83 | 24.37 | 6.75 | 6.7700 | 7.7200 | 7.58 | 0.28 |
| 2018-06 | 17.76 | 19.94 | 3.45 | 3.2900 | 4.4000 | 8.14 | 0.17 |
| 2017-12 | 25.56 | 26.67 | 13.39 | 14.4200 | 13.3500 | 13.50 | 0.50 |
| 2018-03 | 8.24 | 8.46 | 0.56 | 0.4900 | 1.5600 | 6.08 | 0.07 |
| 2017-06 | 28.37 | 28.84 | 7.30 | 7.2900 | 7.1100 | 12.97 | 0.25 |
| 2017-09 | 30.13 | 31.44 | 11.21 | 11.6700 | 8.4700 | 13.74 | 0.36 |
| 2016-12 | 29.79 | 28.61 | 13.04 | 30.8400 | 16.0800 | 17.53 | 0.46 |
| 2017-03 | 16.10 | 16.16 | 1.38 | 1.5400 | 3.4200 | 11.87 | 0.09 |
| 2016-09 | 32.22 | 32.66 | 15.20 | -- | 9.6600 | 13.56 | 0.47 |
| 2016-06 | 30.41 | 30.71 | 8.74 | 11.9200 | 5.9100 | 13.94 | 0.28 |
| 2016-03 | 15.52 | 16.63 | -- | 2.0700 | -- | -- | -- |
| 2015-12 | 30.89 | 30.76 | 16.85 | 21.7900 | 9.1800 | 14.94 | 0.55 |
| 2015-06 | 34.63 | 33.98 | 7.71 | 10.5600 | 4.0800 | 11.96 | 0.23 |
| 2015-09 | 31.61 | 31.71 | -- | -- | -- | -- | -- |
| 2013-12 | 32.64 | 32.53 | 16.48 | 34.8000 | 7.1200 | 36.22 | 0.51 |
| 2014-12 | 33.19 | 33.59 | 18.05 | 26.1200 | 8.7000 | 22.19 | 0.54 |
| 2012-12 | 30.77 | 28.73 | 22.14 | 37.1400 | 5.8700 | 90.91 | 0.77 |
| 2025-06 | 8.82 | 9.98 | -- | -- | -- | -- | -- |
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 | 53.87 | 46.13 | 1.9100 | 1.7500 |
| 2025-03 | 55.17 | 44.83 | 1.7800 | 1.6300 |
| 2024-09 | 58.28 | 41.72 | 2.0900 | 1.9200 |
| 2024-06 | 59.69 | 40.31 | 1.9700 | 1.8000 |
| 2023-12 | 59.67 | 40.30 | 2.1300 | 2.0000 |
| 2024-03 | 59.87 | 40.13 | 2.3200 | 2.1200 |
| 2023-06 | 58.04 | 41.96 | 2.0500 | 1.8800 |
| 2023-09 | 58.70 | 41.34 | 2.0700 | 1.9000 |
| 2023-03 | 55.22 | 44.78 | 2.0400 | 1.8600 |
| 2022-12 | 52.97 | 47.03 | 1.8900 | 1.7300 |
| 2022-09 | 51.83 | 48.17 | 1.5400 | 1.4100 |
| 2022-06 | 45.83 | 54.17 | 1.6500 | 1.5100 |
| 2022-03 | 42.07 | 57.93 | 1.4300 | 1.3000 |
| 2021-12 | 42.38 | 57.62 | 1.4100 | 1.2800 |
| 2021-06 | 40.09 | 59.91 | 1.3600 | 1.2100 |
| 2021-09 | 39.69 | 60.37 | 1.3200 | 1.2200 |
| 2021-03 | 39.56 | 60.44 | 1.3900 | 1.2600 |
| 2020-12 | 38.72 | 61.28 | 1.4100 | 1.3100 |
| 2020-06 | 32.16 | 67.84 | 1.6700 | 1.5100 |
| 2020-09 | 35.46 | 64.54 | 1.6500 | 1.4900 |
| 2019-12 | 27.88 | 72.12 | 1.8600 | 1.7500 |
| 2020-03 | 27.23 | 72.77 | 1.7500 | 1.5300 |
| 2019-09 | 22.65 | 77.35 | 2.3600 | 2.2400 |
| 2019-06 | 23.54 | 76.57 | 2.1200 | 2.0100 |
| 2019-03 | 14.93 | 85.07 | 3.5700 | 2.6400 |
| 2018-12 | 16.48 | 83.62 | 3.3400 | 3.2300 |
| 2018-09 | 10.53 | 89.56 | 5.1100 | 4.9300 |
| 2018-06 | 10.70 | 89.31 | 5.0700 | 4.8400 |
| 2017-12 | 7.70 | 92.30 | 7.6200 | 7.2800 |
| 2018-03 | 6.20 | 93.81 | 9.5400 | 9.0500 |
| 2017-06 | 9.21 | 90.81 | 6.1300 | 5.8800 |
| 2017-09 | 7.98 | 92.11 | 7.5900 | 7.2200 |
| 2016-12 | 17.67 | 82.33 | 3.3700 | 3.2700 |
| 2017-03 | 13.56 | 86.44 | 4.4000 | 4.2900 |
| 2016-09 | 33.28 | 66.55 | 0.9800 | 0.8900 |
| 2016-06 | 33.46 | 66.54 | 1.0300 | 0.9300 |
| 2016-03 | -- | -- | -- | -- |
| 2015-12 | 23.61 | 76.61 | 0.8600 | 0.6900 |
| 2015-06 | 34.45 | 65.34 | 1.0300 | 0.8100 |
| 2015-09 | -- | -- | -- | -- |
| 2013-12 | 43.04 | 57.22 | 1.4000 | 1.3200 |
| 2014-12 | 30.05 | 69.95 | 1.2100 | 0.7700 |
| 2012-12 | 41.50 | 58.89 | 1.5100 | 1.3000 |
| 2025-06 | -- | -- | -- | -- |
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 | 1516000000.0000 | 47659000.0000 | 182000000.0000 | 28174700.0000 |
| 2025-03 | 294000000.0000 | 12244500.0000 | 44534200.0000 | 2758700.0000 |
| 2024-09 | 1055000000.0000 | 34292600.0000 | 112000000.0000 | 15800200.0000 |
| 2024-06 | 672000000.0000 | 22772300.0000 | 76811200.0000 | 9210200.0000 |
| 2023-12 | 1425000000.0000 | 48008500.0000 | 202000000.0000 | 28728200.0000 |
| 2024-03 | 261000000.0000 | 9117100.0000 | 41246600.0000 | 2610300.0000 |
| 2023-06 | 649000000.0000 | 20598000.0000 | 91339400.0000 | 9947700.0000 |
| 2023-09 | 1056000000.0000 | 31690800.0000 | 143000000.0000 | 16250700.0000 |
| 2023-03 | 259000000.0000 | 10099300.0000 | 40618800.0000 | 4506500.0000 |
| 2022-12 | 1080000000.0000 | 32961800.0000 | 149000000.0000 | 19544900.0000 |
| 2022-09 | 796000000.0000 | 26335600.0000 | 101000000.0000 | 11343900.0000 |
| 2022-06 | 478000000.0000 | 16479100.0000 | 62574600.0000 | 7090200.0000 |
| 2022-03 | 184000000.0000 | 7602600.0000 | 27601400.0000 | 3215300.0000 |
| 2021-12 | 840000000.0000 | 35835700.0000 | 133000000.0000 | 8897500.0000 |
| 2021-06 | 367000000.0000 | 18436900.0000 | 58577900.0000 | 4409000.0000 |
| 2021-09 | 592000000.0000 | 29077500.0000 | 90750100.0000 | 6510100.0000 |
| 2021-03 | 159000000.0000 | 7904500.0000 | 27506200.0000 | 1870300.0000 |
| 2020-12 | 686000000.0000 | 31513500.0000 | 127000000.0000 | 8170600.0000 |
| 2020-06 | 232000000.0000 | 15567100.0000 | 45599200.0000 | 3522000.0000 |
| 2020-09 | 429000000.0000 | 24123400.0000 | 82071700.0000 | 4752500.0000 |
| 2019-12 | 337000000.0000 | 39145400.0000 | 80684900.0000 | 2665800.0000 |
| 2020-03 | 80387900.0000 | 7201400.0000 | 20534700.0000 | 1220400.0000 |
| 2019-09 | 226000000.0000 | 28645500.0000 | 49650800.0000 | 2117400.0000 |
| 2019-06 | 135000000.0000 | 19335900.0000 | 32064700.0000 | 1643000.0000 |
| 2019-03 | 54618600.0000 | 8734000.0000 | 15062000.0000 | 565000.0000 |
| 2018-12 | 296000000.0000 | 37876600.0000 | 70196600.0000 | 846400.0000 |
| 2018-09 | 197000000.0000 | 24480500.0000 | 44180600.0000 | 19300.0000 |
| 2018-06 | 125000000.0000 | 16017000.0000 | 29081300.0000 | 98700.0000 |
| 2017-12 | 335000000.0000 | 37229600.0000 | 77851000.0000 | 349400.0000 |
| 2018-03 | 54264800.0000 | 8238200.0000 | 14113500.0000 | -169400.0000 |
| 2017-06 | 154000000.0000 | 13395700.0000 | 35882300.0000 | 349400.0000 |
| 2017-09 | 218000000.0000 | 23312400.0000 | 51485600.0000 | -438600.0000 |
| 2016-12 | 297000000.0000 | 24725900.0000 | 62270500.0000 | 1566700.0000 |
| 2017-03 | 64592900.0000 | 5576200.0000 | 18065300.0000 | -61400.0000 |
| 2016-09 | 183000000.0000 | 16388800.0000 | 34842400.0000 | 827100.0000 |
| 2016-06 | 103000000.0000 | 9418600.0000 | 20222900.0000 | 345900.0000 |
| 2016-03 | 36161500.0000 | 4389400.0000 | 7909700.0000 | 123000.0000 |
| 2015-12 | 170000000.0000 | 15200900.0000 | 31346600.0000 | 2514600.0000 |
| 2015-06 | 70603400.0000 | 6084900.0000 | 11780300.0000 | 1448000.0000 |
| 2015-09 | 106000000.0000 | 9609400.0000 | 19382000.0000 | 1900900.0000 |
| 2013-12 | 130000000.0000 | 11128300.0000 | 23686300.0000 | 1067000.0000 |
| 2014-12 | 153000000.0000 | 14597400.0000 | 30382600.0000 | 922300.0000 |
| 2012-12 | 135000000.0000 | 14276400.0000 | 25469100.0000 | 857200.0000 |
| 2025-06 | 703000000.0000 | 23210900.0000 | 95607400.0000 | 8231700.0000 |