中商官网
研究报告
比音勒芬（002832）
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 | 1286000000.0000 | 1.42 | 395000000.0000 | -11.24 | 395000000.0000 | -11.04 | 331000000.0000 | -8.56 |
| 2024-09-30 | 3000000000.0000 | 7.30 | 895000000.0000 | 1.13 | 894000000.0000 | 1.02 | 762000000.0000 | 0.53 |
| 2024-12-31 | 4004000000.0000 | 13.24 | 943000000.0000 | -11.29 | 947000000.0000 | -10.58 | 781000000.0000 | -14.27 |
| 2024-03-31 | 1268000000.0000 | 17.52 | 445000000.0000 | 20.92 | 444000000.0000 | 20.65 | 362000000.0000 | 20.27 |
| 2024-06-30 | 1936000000.0000 | 14.96 | 567000000.0000 | 16.43 | 567000000.0000 | 16.19 | 479000000.0000 | 15.14 |
| 2023-12-31 | 3536000000.0000 | 22.56 | 1063000000.0000 | 24.33 | 1059000000.0000 | 23.71 | 911000000.0000 | 25.14 |
| 2023-09-30 | 2796000000.0000 | 25.66 | 885000000.0000 | 31.89 | 885000000.0000 | 32.29 | 758000000.0000 | 32.29 |
| 2023-06-30 | 1684000000.0000 | 28.26 | 487000000.0000 | 40.35 | 488000000.0000 | 41.04 | 416000000.0000 | 41.02 |
| 2023-03-31 | 1079000000.0000 | 33.21 | 368000000.0000 | 41.00 | 368000000.0000 | 41.54 | 301000000.0000 | 41.31 |
| 2022-12-31 | 2885000000.0000 | 6.07 | 855000000.0000 | 15.85 | 856000000.0000 | 16.78 | 728000000.0000 | 16.48 |
| 2022-09-30 | 2225000000.0000 | 13.00 | 671000000.0000 | 25.19 | 669000000.0000 | 25.28 | 573000000.0000 | 24.84 |
| 2022-06-30 | 1313000000.0000 | 8.51 | 347000000.0000 | 20.07 | 346000000.0000 | 19.31 | 295000000.0000 | 20.41 |
| 2022-03-31 | 810000000.0000 | 30.02 | 261000000.0000 | 41.85 | 260000000.0000 | 41.30 | 213000000.0000 | 41.06 |
| 2021-12-31 | 2720000000.0000 | 18.11 | 738000000.0000 | 26.80 | 733000000.0000 | 25.30 | 625000000.0000 | 25.25 |
| 2021-06-30 | 1210000000.0000 | 35.35 | 289000000.0000 | 51.31 | 290000000.0000 | 53.44 | 245000000.0000 | 52.17 |
| 2021-09-30 | 1969000000.0000 | 25.10 | 536000000.0000 | 30.10 | 534000000.0000 | 29.93 | 459000000.0000 | 31.52 |
| 2020-12-31 | 2303000000.0000 | 26.12 | 582000000.0000 | 23.04 | 585000000.0000 | 23.94 | 499000000.0000 | 22.60 |
| 2021-03-31 | 623000000.0000 | 48.69 | 184000000.0000 | 64.29 | 184000000.0000 | 64.29 | 151000000.0000 | 55.57 |
| 2020-06-30 | 894000000.0000 | 5.67 | 191000000.0000 | -5.45 | 189000000.0000 | -5.97 | 161000000.0000 | -7.47 |
| 2020-09-30 | 1574000000.0000 | 18.97 | 412000000.0000 | 13.81 | 411000000.0000 | 13.85 | 349000000.0000 | 12.22 |
| 2020-03-31 | 419000000.0000 | -11.23 | 112000000.0000 | -25.83 | 112000000.0000 | -25.33 | 97063400.0000 | -25.34 |
| 2019-12-31 | 1826000000.0000 | 23.71 | 473000000.0000 | 40.36 | 472000000.0000 | 37.21 | 407000000.0000 | 39.38 |
| 2019-06-30 | 846000000.0000 | 25.15 | 202000000.0000 | 21.69 | 201000000.0000 | 19.64 | 174000000.0000 | 42.62 |
| 2019-09-30 | 1323000000.0000 | 24.93 | 362000000.0000 | 31.16 | 361000000.0000 | 29.86 | 311000000.0000 | 50.97 |
| 2019-03-31 | 472000000.0000 | 27.57 | 151000000.0000 | 33.63 | 150000000.0000 | 32.74 | 130000000.0000 | 53.04 |
| 2018-12-31 | 1476000000.0000 | 40.04 | 337000000.0000 | 47.16 | 344000000.0000 | 48.28 | 292000000.0000 | 62.22 |
| 2018-09-30 | 1059000000.0000 | 39.71 | 276000000.0000 | 53.33 | 278000000.0000 | 51.91 | 206000000.0000 | 50.36 |
| 2018-06-30 | 676000000.0000 | 36.57 | 166000000.0000 | 48.21 | 168000000.0000 | 50.00 | 122000000.0000 | 45.31 |
| 2018-03-31 | 370000000.0000 | 30.28 | 113000000.0000 | 43.16 | 113000000.0000 | 42.74 | 84943100.0000 | 41.55 |
| 2017-12-31 | 1054000000.0000 | 25.18 | 229000000.0000 | 31.61 | 232000000.0000 | 31.07 | 180000000.0000 | 35.34 |
| 2017-06-30 | 495000000.0000 | 21.03 | 112000000.0000 | 21.39 | 112000000.0000 | 21.38 | 83958900.0000 | 21.39 |
| 2017-09-30 | 758000000.0000 | 25.08 | 180000000.0000 | 28.57 | 183000000.0000 | 30.71 | 137000000.0000 | 30.48 |
| 2017-03-31 | 284000000.0000 | 20.34 | 78935000.0000 | 20.05 | 79162200.0000 | 20.39 | 60007500.0000 | 20.37 |
| 2016-12-31 | 842000000.0000 | 11.67 | 174000000.0000 | 6.10 | 177000000.0000 | 6.63 | 133000000.0000 | 8.13 |
| 2016-09-30 | 606000000.0000 | -- | 140000000.0000 | -- | 140000000.0000 | -- | 105000000.0000 | -- |
| 2016-06-30 | 409000000.0000 | -- | 92266300.0000 | -- | 92269700.0000 | -- | 69162300.0000 | -- |
| 2016-03-31 | 236000000.0000 | -- | 65754200.0000 | -- | 65755300.0000 | -- | 49852500.0000 | -- |
| 2015-12-31 | 754000000.0000 | 16.00 | 164000000.0000 | 15.49 | 166000000.0000 | 15.28 | 123000000.0000 | 13.89 |
| 2013-12-31 | 567000000.0000 | 24.34 | 126000000.0000 | 14.55 | 128000000.0000 | 16.36 | 95875600.0000 | 16.76 |
| 2014-12-31 | 650000000.0000 | 14.64 | 142000000.0000 | 12.70 | 144000000.0000 | 12.50 | 108000000.0000 | 12.65 |
| 2011-12-31 | 304000000.0000 | -- | 60663800.0000 | -- | 59808500.0000 | -- | 44286900.0000 | -- |
| 2012-12-31 | 456000000.0000 | 50.00 | 110000000.0000 | 81.33 | 110000000.0000 | 83.92 | 82111000.0000 | 85.41 |
| 2025-06-30 | 2103000000.0000 | 8.63 | 500000000.0000 | -11.82 | 500000000.0000 | -11.82 | 414000000.0000 | -13.57 |
| 2025-09-30 | 3201000000.0000 | 6.70 | 741000000.0000 | -17.21 | 741000000.0000 | -17.11 | 620000000.0000 | -18.64 |
| 2025-12-31 | 4314000000.0000 | 7.74 | 654000000.0000 | -30.65 | -- | -100.00 | -- | -100.00 |
| 2026-03-31 | 1522000000.0000 | 18.35 | -- | -100.00 | 465000000.0000 | 17.72 | 386000000.0000 | 16.62 |
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 | 29.63 | 30.72 | 5.43 | 6.3200 | 0.3300 | 14.66 | 0.18 |
| 2024-09 | 28.63 | 29.80 | 13.26 | 14.6200 | 0.8900 | 11.67 | 0.45 |
| 2024-12 | 22.30 | 23.65 | 13.15 | 15.6500 | 1.1100 | 11.66 | 0.56 |
| 2024-03 | 33.91 | 35.02 | 6.27 | 7.1300 | 0.4500 | 13.75 | 0.18 |
| 2024-06 | 28.05 | 29.29 | 7.98 | 9.3300 | 0.5800 | 12.82 | 0.27 |
| 2023-12 | 28.05 | 29.95 | 15.74 | 20.3100 | 1.0400 | 12.27 | 0.53 |
| 2023-09 | 30.22 | 31.65 | 14.43 | 17.0600 | 0.9100 | 14.12 | 0.46 |
| 2023-06 | 26.43 | 28.98 | 8.37 | 9.6500 | 0.5400 | 12.99 | 0.29 |
| 2023-03 | 32.72 | 34.11 | 6.25 | 7.0200 | 0.3700 | 15.22 | 0.18 |
| 2022-12 | 27.24 | 29.67 | 15.34 | 19.3500 | 0.9300 | 10.84 | 0.52 |
| 2022-09 | 27.91 | 30.07 | 12.67 | 15.7200 | 0.8300 | 11.63 | 0.42 |
| 2022-06 | 23.69 | 26.35 | 6.70 | 8.4200 | 0.5000 | 10.35 | 0.25 |
| 2022-03 | 30.37 | 32.10 | 5.04 | 6.2700 | 0.3000 | 12.44 | 0.16 |
| 2021-12 | 25.04 | 26.95 | 15.07 | 21.7300 | 1.0000 | 9.37 | 0.56 |
| 2021-06 | 21.90 | 23.97 | 6.98 | 9.2400 | 0.4900 | 8.22 | 0.29 |
| 2021-09 | 25.29 | 27.12 | 12.58 | 16.5700 | 0.8000 | 9.01 | 0.46 |
| 2020-12 | 23.49 | 25.40 | 15.60 | 22.9700 | 0.9400 | 10.43 | 0.61 |
| 2021-03 | 28.57 | 29.53 | 4.52 | 6.0400 | 0.2500 | 8.55 | 0.15 |
| 2020-06 | 19.13 | 21.14 | 5.81 | 7.7900 | 0.4100 | 9.55 | 0.27 |
| 2020-09 | 24.46 | 26.11 | 11.87 | 16.3100 | 0.7000 | 10.79 | 0.45 |
| 2020-03 | 24.11 | 26.73 | 4.15 | 4.7000 | 0.2200 | 8.12 | 0.16 |
| 2019-12 | 24.70 | 25.85 | 18.70 | 22.8600 | 0.9100 | 14.89 | 0.72 |
| 2019-06 | 22.70 | 23.76 | 8.84 | 10.3100 | 0.4500 | 14.89 | 0.37 |
| 2019-09 | 26.23 | 27.29 | 15.55 | 17.3400 | 0.6500 | 18.10 | 0.57 |
| 2019-03 | 30.93 | 31.78 | 6.83 | 7.7900 | 0.2700 | 18.47 | 0.21 |
| 2018-12 | 21.68 | 23.31 | 16.23 | 19.1400 | 1.1200 | 18.67 | 0.70 |
| 2018-09 | 24.83 | 26.25 | 13.98 | 13.7500 | 0.9300 | 21.70 | 0.53 |
| 2018-06 | 23.37 | 24.85 | 9.33 | 8.2400 | 0.6200 | 24.11 | 0.38 |
| 2018-03 | 29.73 | 30.54 | 5.99 | -- | 0.3400 | 20.52 | 0.20 |
| 2017-12 | 20.87 | 22.01 | 13.39 | 13.2400 | 1.2200 | 20.71 | 0.61 |
| 2017-06 | 22.42 | 22.63 | 7.07 | 6.3500 | 0.7700 | 22.24 | 0.31 |
| 2017-09 | 23.35 | 24.14 | 10.76 | 10.2200 | 0.8700 | 17.87 | 0.45 |
| 2017-03 | 27.46 | 27.87 | 4.96 | 4.5700 | 0.4200 | 19.06 | 0.18 |
| 2016-12 | 20.43 | 21.02 | 12.02 | 22.3500 | 1.4400 | 18.82 | 0.57 |
| 2016-09 | 22.77 | 23.10 | 16.99 | 18.1500 | 1.0500 | 21.73 | 0.74 |
| 2016-06 | 22.49 | 22.56 | -- | 12.3100 | -- | -- | -- |
| 2016-03 | 27.54 | 27.86 | -- | 9.0300 | -- | -- | -- |
| 2015-12 | 21.75 | 22.02 | 24.27 | 26.4600 | 1.5600 | 20.12 | 1.10 |
| 2013-12 | 22.22 | 22.57 | 28.26 | 38.5900 | 1.5700 | 18.26 | 1.25 |
| 2014-12 | 21.85 | 22.15 | 26.37 | 30.7000 | 1.5100 | 21.67 | 1.19 |
| 2011-12 | 20.07 | 19.67 | 22.65 | 46.0100 | 1.2200 | 17.36 | 1.15 |
| 2012-12 | 24.12 | 24.12 | 32.16 | 51.4900 | 1.5700 | 17.12 | 1.33 |
| 2025-06 | 22.35 | 23.78 | 6.78 | 7.9900 | 0.5100 | 12.87 | 0.29 |
| 2025-09 | 21.52 | 23.15 | 10.07 | 11.6400 | 0.7500 | 12.71 | 0.44 |
| 2025-12 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2026-03 | 100.00 | 30.55 | -- | -- | -- | -- | -- |
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 | 25.54 | 74.46 | 2.9700 | 2.0400 |
| 2024-09 | 24.50 | 75.49 | 2.9800 | 2.1600 |
| 2024-12 | 29.45 | 70.55 | 2.4900 | 1.7000 |
| 2024-03 | 25.73 | 74.27 | 3.0300 | 2.4900 |
| 2024-06 | 32.33 | 67.67 | 2.2800 | 1.7700 |
| 2023-12 | 27.20 | 72.80 | 2.8000 | 2.1600 |
| 2023-09 | 22.71 | 77.29 | 3.2900 | 2.0200 |
| 2023-06 | 24.47 | 75.53 | 2.9700 | 1.8300 |
| 2023-03 | 24.69 | 75.31 | 3.4800 | 2.7200 |
| 2022-12 | 25.94 | 74.05 | 3.2600 | 2.3600 |
| 2022-09 | 25.49 | 74.53 | 3.4000 | 1.4100 |
| 2022-06 | 29.16 | 70.84 | 2.9600 | 1.3800 |
| 2022-03 | 27.34 | 72.66 | 3.3400 | 1.9700 |
| 2021-12 | 33.25 | 66.75 | 3.3700 | 1.9300 |
| 2021-06 | 31.26 | 68.74 | 3.5900 | 1.9600 |
| 2021-09 | 27.67 | 72.33 | 4.1900 | 2.1600 |
| 2020-12 | 35.50 | 64.50 | 4.6100 | 1.5500 |
| 2021-03 | 33.22 | 66.78 | 4.2100 | 1.8000 |
| 2020-06 | 36.20 | 63.80 | 5.0900 | 2.2900 |
| 2020-09 | 34.63 | 65.37 | 5.3700 | 2.5000 |
| 2020-03 | 21.76 | 78.20 | 3.7600 | 1.3700 |
| 2019-12 | 22.42 | 77.58 | 3.5500 | 1.2500 |
| 2019-06 | 24.13 | 75.87 | 3.6100 | 1.1800 |
| 2019-09 | 19.69 | 80.27 | 4.4500 | 1.7300 |
| 2019-03 | 22.08 | 77.92 | 3.9700 | 1.6300 |
| 2018-12 | 23.12 | 76.88 | 3.7800 | 1.5500 |
| 2018-09 | 22.47 | 77.53 | 3.8400 | 1.2700 |
| 2018-06 | 19.04 | 80.96 | 4.4600 | 2.3600 |
| 2018-03 | 19.07 | 80.93 | 4.5700 | 2.1500 |
| 2017-12 | 16.69 | 83.31 | 5.2100 | 2.6800 |
| 2017-06 | 15.08 | 84.92 | 6.0400 | 4.0400 |
| 2017-09 | 17.75 | 82.30 | 5.0700 | 3.0100 |
| 2017-03 | 15.66 | 84.34 | 5.8400 | 4.5300 |
| 2016-12 | 12.90 | 87.17 | 7.2200 | 5.4700 |
| 2016-09 | 23.18 | 76.70 | 3.8200 | 1.7700 |
| 2016-06 | -- | -- | -- | -- |
| 2016-03 | -- | -- | -- | -- |
| 2015-12 | 22.95 | 77.05 | 3.8200 | 2.4400 |
| 2013-12 | 34.66 | 65.34 | 2.5900 | 1.2400 |
| 2014-12 | 26.01 | 73.99 | 3.3300 | 1.8900 |
| 2011-12 | 55.30 | 44.70 | 1.5500 | 0.6800 |
| 2012-12 | 41.52 | 58.77 | 2.1800 | 0.9600 |
| 2025-06 | 29.49 | 70.49 | 2.4800 | 1.6300 |
| 2025-09 | 25.64 | 74.36 | 2.8000 | 1.5400 |
| 2025-12 | -- | -- | -- | -- |
| 2026-03 | -- | -- | -- | -- |
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 | 905000000.0000 | 448000000.0000 | 81527600.0000 | 2630800.0000 |
| 2024-09 | 2141000000.0000 | 1049000000.0000 | 268000000.0000 | -26507300.0000 |
| 2024-12 | 3111000000.0000 | 1613000000.0000 | 371000000.0000 | -114500.0000 |
| 2024-03 | 838000000.0000 | 419000000.0000 | 77366900.0000 | -12455400.0000 |
| 2024-06 | 1393000000.0000 | 754000000.0000 | 151000000.0000 | 10127500.0000 |
| 2023-12 | 2544000000.0000 | 1312000000.0000 | 277000000.0000 | 21057100.0000 |
| 2023-09 | 1951000000.0000 | 957000000.0000 | 187000000.0000 | -24504500.0000 |
| 2023-06 | 1239000000.0000 | 651000000.0000 | 123000000.0000 | 7489500.0000 |
| 2023-03 | 726000000.0000 | 359000000.0000 | 52672500.0000 | -8209200.0000 |
| 2022-12 | 2099000000.0000 | 1036000000.0000 | 196000000.0000 | 20263700.0000 |
| 2022-09 | 1604000000.0000 | 790000000.0000 | 118000000.0000 | -11126500.0000 |
| 2022-06 | 1002000000.0000 | 533000000.0000 | 80698800.0000 | 11368200.0000 |
| 2022-03 | 564000000.0000 | 280000000.0000 | 43648100.0000 | -3076200.0000 |
| 2021-12 | 2039000000.0000 | 1041000000.0000 | 156000000.0000 | 39729500.0000 |
| 2021-06 | 945000000.0000 | 524000000.0000 | 66781400.0000 | 11959500.0000 |
| 2021-09 | 1471000000.0000 | 748000000.0000 | 100000000.0000 | 170200.0000 |
| 2020-12 | 1762000000.0000 | 885000000.0000 | 133000000.0000 | 16273800.0000 |
| 2021-03 | 445000000.0000 | 229000000.0000 | 36840700.0000 | 3498900.0000 |
| 2020-06 | 723000000.0000 | 355000000.0000 | 56621100.0000 | 1283500.0000 |
| 2020-09 | 1189000000.0000 | 570000000.0000 | 88247700.0000 | 4434800.0000 |
| 2020-03 | 318000000.0000 | 138000000.0000 | 21598300.0000 | -1683500.0000 |
| 2019-12 | 1375000000.0000 | 548000000.0000 | 136000000.0000 | -5585700.0000 |
| 2019-06 | 654000000.0000 | 260000000.0000 | 74711300.0000 | -2296400.0000 |
| 2019-09 | 976000000.0000 | 376000000.0000 | 111000000.0000 | -3990500.0000 |
| 2019-03 | 326000000.0000 | 113000000.0000 | 27080900.0000 | -1218400.0000 |
| 2018-12 | 1156000000.0000 | 438000000.0000 | 108000000.0000 | -7276400.0000 |
| 2018-09 | 796000000.0000 | 287000000.0000 | 80241800.0000 | -6068700.0000 |
| 2018-06 | 518000000.0000 | 198000000.0000 | 52077900.0000 | -4462200.0000 |
| 2018-03 | 260000000.0000 | 94967000.0000 | 23032100.0000 | -2398700.0000 |
| 2017-12 | 834000000.0000 | 344000000.0000 | 90498600.0000 | -9896200.0000 |
| 2017-06 | 384000000.0000 | 152000000.0000 | 47937800.0000 | -4356300.0000 |
| 2017-09 | 581000000.0000 | 230000000.0000 | 63590000.0000 | -7147900.0000 |
| 2017-03 | 206000000.0000 | 72451900.0000 | 25012000.0000 | -1240800.0000 |
| 2016-12 | 670000000.0000 | 262000000.0000 | 81350600.0000 | -3418500.0000 |
| 2016-09 | 468000000.0000 | 178000000.0000 | 58166100.0000 | -2676300.0000 |
| 2016-06 | 317000000.0000 | 126000000.0000 | 37512000.0000 | -2450900.0000 |
| 2016-03 | 171000000.0000 | 65333200.0000 | 14218700.0000 | -275900.0000 |
| 2015-12 | 590000000.0000 | 229000000.0000 | 73379400.0000 | -3651300.0000 |
| 2013-12 | 441000000.0000 | 167000000.0000 | 46406900.0000 | 1518400.0000 |
| 2014-12 | 508000000.0000 | 197000000.0000 | 56226600.0000 | 65800.0000 |
| 2011-12 | 243000000.0000 | 74585400.0000 | 30725500.0000 | 601400.0000 |
| 2012-12 | 346000000.0000 | 118000000.0000 | 39162200.0000 | 779900.0000 |
| 2025-06 | 1633000000.0000 | 871000000.0000 | 167000000.0000 | 13728300.0000 |
| 2025-09 | 2512000000.0000 | 1340000000.0000 | 243000000.0000 | 777100.0000 |
| 2025-12 | -- | 2019000000.0000 | 368000000.0000 | 3968200.0000 |
| 2026-03 | -- | -- | 82141500.0000 | -- |