中商官网
研究报告
周大生（002867）
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 | 2673000000.0000 | -47.28 | 302000000.0000 | -31.36 | 303000000.0000 | -31.45 | 252000000.0000 | -26.10 |
| 2024-12-31 | 13891000000.0000 | -14.73 | 1283000000.0000 | -24.31 | 1291000000.0000 | -24.41 | 1002000000.0000 | -23.69 |
| 2024-06-30 | 8197000000.0000 | 1.52 | 773000000.0000 | -19.06 | 778000000.0000 | -18.96 | 600000000.0000 | -18.70 |
| 2024-09-30 | 10809000000.0000 | -13.49 | 1102000000.0000 | -21.95 | 1109000000.0000 | -22.01 | 853000000.0000 | -21.96 |
| 2023-12-31 | 16290000000.0000 | 46.52 | 1695000000.0000 | 20.30 | 1708000000.0000 | 20.28 | 1313000000.0000 | 20.79 |
| 2024-03-31 | 5070000000.0000 | 23.00 | 440000000.0000 | -6.78 | 442000000.0000 | -6.75 | 341000000.0000 | -6.58 |
| 2023-09-30 | 12494000000.0000 | 39.80 | 1412000000.0000 | 17.57 | 1422000000.0000 | 17.52 | 1093000000.0000 | 17.78 |
| 2023-06-30 | 8074000000.0000 | 58.38 | 955000000.0000 | 26.66 | 960000000.0000 | 26.48 | 738000000.0000 | 26.59 |
| 2022-12-31 | 11118000000.0000 | 21.44 | 1409000000.0000 | -10.77 | 1420000000.0000 | -10.75 | 1087000000.0000 | -11.05 |
| 2023-03-31 | 4122000000.0000 | 49.67 | 472000000.0000 | 26.54 | 474000000.0000 | 26.40 | 365000000.0000 | 26.30 |
| 2022-06-30 | 5098000000.0000 | 82.79 | 754000000.0000 | -4.19 | 759000000.0000 | -4.29 | 583000000.0000 | -4.43 |
| 2022-09-30 | 8937000000.0000 | 38.07 | 1201000000.0000 | -7.62 | 1210000000.0000 | -7.49 | 928000000.0000 | -7.57 |
| 2022-03-31 | 2754000000.0000 | 138.03 | 373000000.0000 | 22.70 | 375000000.0000 | 22.95 | 289000000.0000 | 22.98 |
| 2021-12-31 | 9155000000.0000 | 80.07 | 1579000000.0000 | 20.63 | 1591000000.0000 | 20.17 | 1222000000.0000 | 20.63 |
| 2021-09-30 | 6473000000.0000 | 93.28 | 1300000000.0000 | 41.61 | 1308000000.0000 | 40.49 | 1004000000.0000 | 41.21 |
| 2021-06-30 | 2789000000.0000 | 66.71 | 787000000.0000 | 83.88 | 793000000.0000 | 85.71 | 610000000.0000 | 84.85 |
| 2021-03-31 | 1157000000.0000 | 70.65 | 304000000.0000 | 126.87 | 305000000.0000 | 134.62 | 235000000.0000 | 135.00 |
| 2020-12-31 | 5084000000.0000 | -6.53 | 1309000000.0000 | 4.14 | 1324000000.0000 | 2.48 | 1013000000.0000 | 2.22 |
| 2020-09-30 | 3349000000.0000 | -12.10 | 918000000.0000 | -0.11 | 931000000.0000 | -1.69 | 711000000.0000 | -2.20 |
| 2020-06-30 | 1673000000.0000 | -30.00 | 428000000.0000 | -27.82 | 427000000.0000 | -30.79 | 330000000.0000 | -30.53 |
| 2020-03-31 | 678000000.0000 | -38.20 | 134000000.0000 | -46.83 | 130000000.0000 | -48.62 | 100000000.0000 | -48.45 |
| 2019-12-31 | 5439000000.0000 | 11.68 | 1257000000.0000 | 22.51 | 1292000000.0000 | 22.00 | 991000000.0000 | 22.95 |
| 2019-09-30 | 3810000000.0000 | 7.60 | 919000000.0000 | 19.04 | 947000000.0000 | 20.95 | 727000000.0000 | 22.18 |
| 2019-06-30 | 2390000000.0000 | 12.52 | 593000000.0000 | 28.91 | 617000000.0000 | 31.84 | 475000000.0000 | 34.56 |
| 2019-03-31 | 1097000000.0000 | 16.95 | 252000000.0000 | 18.87 | 253000000.0000 | 18.78 | 194000000.0000 | 20.50 |
| 2018-12-31 | 4870000000.0000 | 27.99 | 1026000000.0000 | 30.70 | 1059000000.0000 | 33.88 | 806000000.0000 | 36.15 |
| 2018-06-30 | 2124000000.0000 | 26.96 | 460000000.0000 | 30.68 | 468000000.0000 | 32.95 | 353000000.0000 | 33.71 |
| 2018-09-30 | 3541000000.0000 | 30.57 | 772000000.0000 | 39.10 | 783000000.0000 | 41.08 | 595000000.0000 | 43.03 |
| 2018-03-31 | 938000000.0000 | 16.96 | 212000000.0000 | 36.77 | 213000000.0000 | 28.31 | 161000000.0000 | 28.80 |
| 2017-12-31 | 3805000000.0000 | 31.12 | 785000000.0000 | 53.02 | 791000000.0000 | 39.51 | 592000000.0000 | 38.64 |
| 2017-09-30 | 2712000000.0000 | 30.07 | 555000000.0000 | 37.72 | 555000000.0000 | 26.42 | 416000000.0000 | 25.68 |
| 2017-06-30 | 1673000000.0000 | 24.20 | 352000000.0000 | 35.38 | 352000000.0000 | 24.38 | 264000000.0000 | 23.94 |
| 2017-03-31 | 802000000.0000 | 17.94 | 155000000.0000 | 22.05 | 166000000.0000 | 20.29 | 125000000.0000 | 20.19 |
| 2016-12-31 | 2902000000.0000 | 6.34 | 513000000.0000 | 23.61 | 567000000.0000 | 20.13 | 427000000.0000 | 20.96 |
| 2016-09-30 | 2085000000.0000 | -- | 403000000.0000 | -- | 439000000.0000 | -- | 331000000.0000 | -- |
| 2016-06-30 | 1347000000.0000 | -- | 260000000.0000 | -- | 283000000.0000 | -- | 213000000.0000 | -- |
| 2015-12-31 | 2729000000.0000 | 2.44 | 415000000.0000 | 14.96 | 472000000.0000 | 8.76 | 353000000.0000 | 8.95 |
| 2016-03-31 | 680000000.0000 | -- | 127000000.0000 | -- | 138000000.0000 | -- | 104000000.0000 | -- |
| 2014-06-30 | 1342000000.0000 | -- | 205000000.0000 | -- | 240000000.0000 | -- | 180000000.0000 | -- |
| 2014-12-31 | 2664000000.0000 | -0.52 | 361000000.0000 | 31.27 | 434000000.0000 | 32.72 | 324000000.0000 | 32.24 |
| 2013-12-31 | 2678000000.0000 | 27.71 | 275000000.0000 | -13.52 | 327000000.0000 | -13.03 | 245000000.0000 | -12.81 |
| 2012-12-31 | 2097000000.0000 | 14.72 | 318000000.0000 | 22.78 | 376000000.0000 | 20.90 | 281000000.0000 | 20.09 |
| 2011-12-31 | 1828000000.0000 | -- | 259000000.0000 | -- | 311000000.0000 | -- | 234000000.0000 | -- |
| 2025-06-30 | 4597000000.0000 | -43.92 | 728000000.0000 | -5.82 | 729000000.0000 | -6.30 | 593000000.0000 | -1.17 |
| 2025-09-30 | 6772000000.0000 | -37.35 | 1082000000.0000 | -1.81 | 1082000000.0000 | -2.43 | 880000000.0000 | 3.17 |
| 2026-03-31 | -- | -100.00 | 334000000.0000 | 10.60 | 349000000.0000 | 15.18 | 293000000.0000 | 16.27 |
| 2025-12-31 | -- | -100.00 | 1347000000.0000 | 4.99 | 1343000000.0000 | 4.03 | 1102000000.0000 | 9.98 |
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 | 14.25 | 11.34 | 3.65 | 3.8900 | 0.4600 | 39.74 | 0.32 |
| 2024-12 | 9.86 | 9.29 | 16.48 | 15.7200 | 2.7800 | 15.54 | 1.77 |
| 2024-06 | 10.06 | 9.49 | 8.57 | 9.0000 | 1.7100 | 19.31 | 0.90 |
| 2024-09 | 10.96 | 10.26 | 13.42 | 13.0800 | 2.1900 | 15.71 | 1.31 |
| 2023-12 | 10.64 | 10.48 | 21.32 | 21.0900 | 3.8200 | 14.08 | 2.03 |
| 2024-03 | 9.35 | 8.72 | 4.85 | 5.2100 | 1.0800 | 17.58 | 0.56 |
| 2023-09 | 11.44 | 11.38 | 17.65 | 17.3800 | 2.9600 | 12.89 | 1.55 |
| 2023-06 | 12.04 | 11.89 | 11.91 | 11.7400 | 1.9100 | 22.29 | 1.00 |
| 2022-12 | 12.27 | 12.77 | 18.67 | 18.2800 | 2.8900 | 14.83 | 1.46 |
| 2023-03 | 12.18 | 11.50 | 5.60 | 5.8700 | 1.0000 | 24.56 | 0.49 |
| 2022-06 | 14.40 | 14.89 | 10.90 | 9.8300 | 1.4000 | 15.87 | 0.73 |
| 2022-09 | 12.81 | 13.54 | 16.04 | 15.6000 | 2.4500 | 10.44 | 1.18 |
| 2022-03 | 13.33 | 13.62 | 5.18 | 4.8900 | 0.7800 | 22.40 | 0.38 |
| 2021-12 | 16.53 | 17.38 | 22.68 | 21.3300 | 2.5900 | 22.39 | 1.30 |
| 2021-09 | 18.83 | 20.21 | 17.73 | 17.5100 | 1.7400 | 9.68 | 0.88 |
| 2021-06 | 26.35 | 28.43 | 11.79 | 10.7000 | 0.6400 | 35.68 | 0.41 |
| 2021-03 | 23.85 | 26.36 | 4.58 | 4.2700 | 0.2700 | 33.74 | 0.17 |
| 2020-12 | 24.49 | 26.04 | 19.89 | 20.1500 | 1.2000 | 48.39 | 0.76 |
| 2020-09 | 26.66 | 27.80 | 14.81 | 14.4700 | 0.7600 | 50.85 | 0.53 |
| 2020-06 | 25.40 | 25.52 | 7.46 | 6.8400 | 0.3500 | 41.62 | 0.29 |
| 2020-03 | 18.73 | 19.17 | 2.25 | 2.1100 | 0.1500 | 29.63 | 0.12 |
| 2019-12 | 21.33 | 23.75 | 21.82 | 22.9100 | 1.3400 | 69.10 | 0.92 |
| 2019-09 | 22.70 | 24.86 | 16.36 | 17.1700 | 0.9100 | 66.18 | 0.66 |
| 2019-06 | 22.38 | 25.82 | 10.64 | 11.3200 | 0.5800 | 52.33 | 0.41 |
| 2019-03 | 19.14 | 23.06 | 4.33 | 4.8000 | 0.2500 | 35.12 | 0.19 |
| 2018-12 | 18.23 | 21.75 | 17.99 | 22.1800 | 1.3700 | 54.46 | 0.83 |
| 2018-06 | 18.64 | 22.03 | 9.06 | 9.9000 | 0.6400 | 42.11 | 0.41 |
| 2018-09 | 18.92 | 22.11 | 14.18 | 16.3800 | 1.0400 | 48.13 | 0.64 |
| 2018-03 | 19.72 | 22.71 | 4.41 | 4.6400 | 0.2800 | 31.33 | 0.19 |
| 2017-12 | 17.37 | 20.79 | 18.06 | 21.6000 | 1.3800 | 46.81 | 0.87 |
| 2017-09 | 18.51 | 20.46 | 13.94 | 16.3900 | 1.0800 | 46.33 | 0.68 |
| 2017-06 | 19.73 | 21.04 | 8.83 | 11.8100 | 0.6700 | 38.34 | 0.42 |
| 2017-03 | 19.58 | 20.70 | 6.59 | 7.4500 | 0.3200 | 36.51 | 0.32 |
| 2016-12 | 18.13 | 19.54 | 23.90 | 28.0900 | 1.2600 | 39.00 | 1.22 |
| 2016-09 | 20.14 | 21.06 | -- | -- | -- | -- | -- |
| 2016-06 | 20.42 | 21.01 | 13.20 | 13.9300 | 0.5800 | 32.14 | 0.63 |
| 2015-12 | 14.29 | 17.30 | 21.84 | 26.4900 | 1.2500 | 33.83 | 1.26 |
| 2016-03 | 19.71 | 20.29 | -- | 7.0100 | -- | -- | -- |
| 2014-06 | 16.32 | 17.88 | 11.94 | 15.3600 | 0.7200 | 29.75 | 0.67 |
| 2014-12 | 13.63 | 16.29 | 20.00 | 27.5400 | 1.3600 | 32.55 | 1.23 |
| 2013-12 | 9.78 | 12.21 | 17.19 | 22.4200 | 1.7200 | 39.74 | 1.41 |
| 2012-12 | 15.26 | 17.93 | 22.84 | 31.5300 | 1.5300 | 36.70 | 1.27 |
| 2011-12 | 14.33 | 17.01 | 22.88 | 35.0500 | 1.6400 | 28.53 | 1.35 |
| 2025-06 | 16.82 | 15.86 | 9.28 | 9.0900 | 0.7300 | 35.71 | 0.59 |
| 2025-09 | 16.13 | 15.98 | 13.21 | 13.6000 | 1.0800 | 26.85 | 0.83 |
| 2026-03 | -- | -- | -- | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- | -- | -- | -- |
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 | 20.55 | 79.45 | 4.0900 | 1.2500 |
| 2024-12 | 18.95 | 81.05 | 4.4000 | 1.2000 |
| 2024-06 | 30.86 | 69.16 | 2.7300 | 1.1100 |
| 2024-09 | 24.91 | 75.09 | 3.3300 | 1.0800 |
| 2023-12 | 20.32 | 79.69 | 4.1100 | 1.6700 |
| 2024-03 | 26.17 | 73.83 | 3.2200 | 1.2800 |
| 2023-09 | 23.50 | 76.51 | 3.5900 | 1.5500 |
| 2023-06 | 23.90 | 76.10 | 3.5600 | 1.5600 |
| 2022-12 | 20.48 | 79.52 | 4.2200 | 1.8800 |
| 2023-03 | 24.20 | 75.79 | 3.5800 | 1.7700 |
| 2022-06 | 17.05 | 82.95 | 5.0200 | 2.2600 |
| 2022-09 | 19.03 | 80.95 | 4.4500 | 2.1100 |
| 2022-03 | 16.91 | 83.09 | 5.1000 | 2.4300 |
| 2021-12 | 17.37 | 82.63 | 4.7500 | 2.1600 |
| 2021-09 | 19.86 | 80.14 | 3.9400 | 1.7400 |
| 2021-06 | 17.01 | 83.00 | 4.5100 | 1.5200 |
| 2021-03 | 15.40 | 84.59 | 5.2000 | 1.6000 |
| 2020-12 | 19.02 | 80.98 | 3.8400 | 1.4800 |
| 2020-09 | 19.05 | 80.95 | 3.8700 | 1.8500 |
| 2020-06 | 17.95 | 82.05 | 3.9700 | 1.3200 |
| 2020-03 | 16.48 | 83.52 | 4.3300 | 1.0900 |
| 2019-12 | 19.91 | 80.09 | 3.6100 | 1.2000 |
| 2019-09 | 22.93 | 77.07 | 3.1800 | 0.8400 |
| 2019-06 | 27.58 | 72.42 | 2.6600 | 0.9300 |
| 2019-03 | 28.26 | 71.74 | 2.6200 | 0.6100 |
| 2018-12 | 32.60 | 67.42 | 2.3300 | 0.6200 |
| 2018-06 | 33.00 | 66.98 | 2.5500 | 0.7100 |
| 2018-09 | 32.70 | 67.30 | 2.4200 | 0.5300 |
| 2018-03 | 26.68 | 73.32 | 3.1500 | 1.0600 |
| 2017-12 | 22.80 | 77.20 | 3.9400 | 1.3200 |
| 2017-09 | 19.49 | 80.51 | 4.9400 | 0.9300 |
| 2017-06 | 23.39 | 76.61 | 4.1100 | 1.8200 |
| 2017-03 | 31.02 | 68.98 | 3.0100 | 0.7400 |
| 2016-12 | 32.04 | 67.96 | 2.9000 | 0.6700 |
| 2016-09 | -- | -- | -- | -- |
| 2016-06 | 34.75 | 65.25 | 2.6400 | 0.4200 |
| 2015-12 | 34.01 | 65.99 | 2.7200 | 0.6100 |
| 2016-03 | -- | -- | -- | -- |
| 2014-06 | 43.83 | 56.17 | 2.2300 | 0.2900 |
| 2014-12 | 41.34 | 58.66 | 2.6600 | 0.5200 |
| 2013-12 | 39.59 | 60.41 | 2.4800 | 0.5400 |
| 2012-12 | 37.24 | 62.76 | 3.1500 | 0.6900 |
| 2011-12 | 44.67 | 55.33 | 2.1900 | 0.7400 |
| 2025-06 | 20.58 | 79.42 | 3.9900 | 0.8500 |
| 2025-09 | 23.65 | 76.34 | 3.4300 | 0.8700 |
| 2026-03 | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- |
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 | 2292000000.0000 | 253000000.0000 | 27435600.0000 | 1383800.0000 |
| 2024-12 | 12522000000.0000 | 1167000000.0000 | 111000000.0000 | 35186900.0000 |
| 2024-06 | 7372000000.0000 | 529000000.0000 | 52224400.0000 | 24664400.0000 |
| 2024-09 | 9624000000.0000 | 824000000.0000 | 76788000.0000 | 25150100.0000 |
| 2023-12 | 14557000000.0000 | 944000000.0000 | 106000000.0000 | 27910600.0000 |
| 2024-03 | 4596000000.0000 | 250000000.0000 | 24167700.0000 | 11014400.0000 |
| 2023-09 | 11065000000.0000 | 618000000.0000 | 70063900.0000 | -1178100.0000 |
| 2023-06 | 7102000000.0000 | 398000000.0000 | 45217900.0000 | 12725000.0000 |
| 2022-12 | 9754000000.0000 | 748000000.0000 | 92977500.0000 | 12967400.0000 |
| 2023-03 | 3620000000.0000 | 186000000.0000 | 22341200.0000 | 564300.0000 |
| 2022-06 | 4364000000.0000 | 319000000.0000 | 41801000.0000 | 4638700.0000 |
| 2022-09 | 7792000000.0000 | 509000000.0000 | 64271400.0000 | -10774500.0000 |
| 2022-03 | 2387000000.0000 | 157000000.0000 | 22018300.0000 | -3006400.0000 |
| 2021-12 | 7642000000.0000 | 697000000.0000 | 96823500.0000 | 4902400.0000 |
| 2021-09 | 5254000000.0000 | 504000000.0000 | 66273500.0000 | -18089500.0000 |
| 2021-06 | 2054000000.0000 | 295000000.0000 | 43130800.0000 | 2785700.0000 |
| 2021-03 | 881000000.0000 | 134000000.0000 | 21314400.0000 | -4574400.0000 |
| 2020-12 | 3839000000.0000 | 668000000.0000 | 98835600.0000 | 6848600.0000 |
| 2020-09 | 2456000000.0000 | 468000000.0000 | 69411200.0000 | -12851900.0000 |
| 2020-06 | 1248000000.0000 | 273000000.0000 | 46442300.0000 | 335200.0000 |
| 2020-03 | 551000000.0000 | 135000000.0000 | 22162900.0000 | -3288100.0000 |
| 2019-12 | 4279000000.0000 | 587000000.0000 | 121000000.0000 | 16834100.0000 |
| 2019-09 | 2945000000.0000 | 375000000.0000 | 89715700.0000 | 9978200.0000 |
| 2019-06 | 1855000000.0000 | 259000000.0000 | 57456700.0000 | 10317200.0000 |
| 2019-03 | 887000000.0000 | 136000000.0000 | 27806500.0000 | -1863000.0000 |
| 2018-12 | 3982000000.0000 | 519000000.0000 | 126000000.0000 | 26213100.0000 |
| 2018-06 | 1728000000.0000 | 238000000.0000 | 48478900.0000 | 6808900.0000 |
| 2018-09 | 2871000000.0000 | 359000000.0000 | 86583500.0000 | 21153700.0000 |
| 2018-03 | 753000000.0000 | 121000000.0000 | 16708300.0000 | -10968000.0000 |
| 2017-12 | 3144000000.0000 | 446000000.0000 | 65763000.0000 | 5014200.0000 |
| 2017-09 | 2210000000.0000 | 305000000.0000 | 49012600.0000 | -2495800.0000 |
| 2017-06 | 1343000000.0000 | 190000000.0000 | 36601200.0000 | 1789500.0000 |
| 2017-03 | 645000000.0000 | 91854100.0000 | 16647400.0000 | 1377100.0000 |
| 2016-12 | 2376000000.0000 | 382000000.0000 | 59865700.0000 | 9316700.0000 |
| 2016-09 | 1665000000.0000 | 257000000.0000 | 41770300.0000 | 6491200.0000 |
| 2016-06 | 1072000000.0000 | 170000000.0000 | 27588700.0000 | 4471200.0000 |
| 2015-12 | 2339000000.0000 | 363000000.0000 | 59133400.0000 | 27530900.0000 |
| 2016-03 | 546000000.0000 | 85464000.0000 | 13726900.0000 | 2329200.0000 |
| 2014-06 | 1123000000.0000 | 159000000.0000 | 23417600.0000 | 12933000.0000 |
| 2014-12 | 2301000000.0000 | 348000000.0000 | 49911000.0000 | 25513100.0000 |
| 2013-12 | 2416000000.0000 | 314000000.0000 | 47504600.0000 | 12151500.0000 |
| 2012-12 | 1777000000.0000 | 239000000.0000 | 42881600.0000 | 16656300.0000 |
| 2011-12 | 1566000000.0000 | 187000000.0000 | 30994300.0000 | 18144600.0000 |
| 2025-06 | 3824000000.0000 | 496000000.0000 | 50351300.0000 | 9427500.0000 |
| 2025-09 | 5680000000.0000 | 739000000.0000 | 81275200.0000 | 6301600.0000 |
| 2026-03 | -- | 237000000.0000 | -- | -- |
| 2025-12 | 7425000000.0000 | -- | 120000000.0000 | 13283300.0000 |