中商官网
研究报告
兴瑞科技（002937）
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 | 420000000.0000 | -16.00 | 45793100.0000 | -44.40 | 45742000.0000 | -44.41 | 39935500.0000 | -44.85 |
| 2024-12-31 | 1902000000.0000 | -5.18 | 260000000.0000 | -15.03 | 259000000.0000 | -14.52 | 228000000.0000 | -14.29 |
| 2024-09-30 | 1478000000.0000 | -0.61 | 218000000.0000 | 0.46 | 217000000.0000 | 0.93 | 192000000.0000 | 1.59 |
| 2024-03-31 | 500000000.0000 | 4.17 | 82367500.0000 | 38.39 | 82280500.0000 | 37.97 | 72416100.0000 | 40.28 |
| 2024-06-30 | 1004000000.0000 | 3.72 | 168000000.0000 | 27.27 | 167000000.0000 | 27.48 | 147000000.0000 | 27.83 |
| 2023-12-31 | 2006000000.0000 | 13.53 | 306000000.0000 | 27.50 | 303000000.0000 | 28.94 | 266000000.0000 | 22.02 |
| 2023-09-30 | 1487000000.0000 | 17.55 | 217000000.0000 | 32.32 | 215000000.0000 | 31.10 | 189000000.0000 | 33.10 |
| 2023-03-31 | 480000000.0000 | 35.21 | 59519000.0000 | 58.93 | 59637100.0000 | 59.25 | 51624100.0000 | 52.62 |
| 2023-06-30 | 968000000.0000 | 28.21 | 132000000.0000 | 52.38 | 131000000.0000 | 51.37 | 115000000.0000 | 50.03 |
| 2022-12-31 | 1767000000.0000 | 41.13 | 240000000.0000 | 95.12 | 235000000.0000 | 92.62 | 218000000.0000 | 92.92 |
| 2022-09-30 | 1265000000.0000 | 40.40 | 164000000.0000 | 70.25 | 164000000.0000 | 69.51 | 142000000.0000 | 59.68 |
| 2022-06-30 | 755000000.0000 | 29.28 | 86623700.0000 | 26.07 | 86541900.0000 | 25.90 | 76652000.0000 | 21.85 |
| 2022-03-31 | 355000000.0000 | 13.78 | 37449000.0000 | -10.41 | 37449700.0000 | -10.43 | 33825700.0000 | -9.42 |
| 2021-12-31 | 1252000000.0000 | 20.38 | 123000000.0000 | -14.58 | 122000000.0000 | -14.69 | 113000000.0000 | -11.02 |
| 2021-09-30 | 901000000.0000 | 22.09 | 96329700.0000 | -8.26 | 96749300.0000 | -7.86 | 88929700.0000 | -4.45 |
| 2021-03-31 | 312000000.0000 | 47.87 | 41800600.0000 | 47.10 | 41808500.0000 | 48.24 | 37344700.0000 | 51.82 |
| 2021-06-30 | 584000000.0000 | 26.96 | 68713400.0000 | 5.57 | 68738000.0000 | 5.92 | 62905700.0000 | 8.75 |
| 2020-12-31 | 1040000000.0000 | 1.66 | 144000000.0000 | -7.69 | 143000000.0000 | -9.49 | 127000000.0000 | -7.97 |
| 2020-09-30 | 738000000.0000 | -3.40 | 105000000.0000 | -12.50 | 105000000.0000 | -13.22 | 93068100.0000 | -11.36 |
| 2020-03-31 | 211000000.0000 | -17.58 | 28416700.0000 | -36.55 | 28204000.0000 | -39.03 | 24597800.0000 | -36.14 |
| 2020-06-30 | 460000000.0000 | -8.91 | 65085600.0000 | -18.49 | 64895300.0000 | -20.26 | 57842700.0000 | -17.66 |
| 2019-12-31 | 1023000000.0000 | 0.49 | 156000000.0000 | 23.81 | 158000000.0000 | 24.41 | 138000000.0000 | 25.45 |
| 2019-09-30 | 764000000.0000 | 2.28 | 120000000.0000 | 31.83 | 121000000.0000 | 29.23 | 105000000.0000 | 31.69 |
| 2019-03-31 | 256000000.0000 | 19.07 | 44786000.0000 | 181.54 | 46261200.0000 | 190.00 | 38520900.0000 | 174.75 |
| 2019-06-30 | 505000000.0000 | 5.87 | 79849000.0000 | 44.57 | 81382700.0000 | 46.05 | 70250500.0000 | 45.37 |
| 2018-09-30 | 747000000.0000 | 15.63 | 91028200.0000 | 23.07 | 93630700.0000 | 23.09 | 79732000.0000 | 20.62 |
| 2018-12-31 | 1018000000.0000 | 15.95 | 126000000.0000 | 35.57 | 127000000.0000 | 32.56 | 110000000.0000 | 31.29 |
| 2018-06-30 | 477000000.0000 | -- | 55233700.0000 | -- | 55722500.0000 | -- | 48324100.0000 | -- |
| 2018-03-31 | 215000000.0000 | -- | 15907600.0000 | -- | 15952300.0000 | -- | 14020500.0000 | -- |
| 2017-09-30 | 646000000.0000 | -- | 73963200.0000 | -- | 76064700.0000 | -- | 66100000.0000 | -- |
| 2017-12-31 | 878000000.0000 | 21.27 | 92942300.0000 | 19.48 | 95802300.0000 | 22.25 | 83783700.0000 | 23.96 |
| 2015-12-31 | 688000000.0000 | -5.62 | 45261800.0000 | 21.22 | 46373600.0000 | 18.51 | 41347400.0000 | 48.93 |
| 2016-12-31 | 724000000.0000 | 5.23 | 77787300.0000 | 71.86 | 78362700.0000 | 68.98 | 67591500.0000 | 63.47 |
| 2014-12-31 | 729000000.0000 | -- | 37338200.0000 | -- | 39129900.0000 | -- | 27762900.0000 | -- |
| 2025-06-30 | 870000000.0000 | -13.35 | 93907000.0000 | -44.10 | 93557400.0000 | -43.98 | 82677400.0000 | -43.76 |
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 | 10.24 | 10.89 | 1.83 | 2.4800 | 2.1300 | 4.30 | 0.17 |
| 2024-12 | 13.04 | 13.62 | 10.21 | 14.7400 | 8.2500 | 4.61 | 0.75 |
| 2024-09 | 14.41 | 14.68 | 8.79 | 12.4600 | 6.6000 | 4.87 | 0.60 |
| 2024-03 | 16.20 | 16.46 | 3.38 | 4.6300 | 1.8400 | 4.84 | 0.21 |
| 2024-06 | 16.33 | 16.63 | 6.97 | 9.4700 | 4.0900 | 4.78 | 0.42 |
| 2023-12 | 14.86 | 15.10 | 11.98 | 19.1400 | 6.5400 | 4.64 | 0.79 |
| 2023-09 | 14.32 | 14.46 | 8.95 | 14.1500 | 5.0300 | 4.47 | 0.62 |
| 2023-03 | 12.29 | 12.42 | 3.24 | 4.0400 | 1.6000 | 4.56 | 0.26 |
| 2023-06 | 13.43 | 13.53 | 6.76 | 8.8900 | 3.4600 | 4.49 | 0.50 |
| 2022-12 | 13.92 | 13.30 | 12.34 | 19.0400 | 6.5900 | 4.46 | 0.93 |
| 2022-09 | 13.52 | 12.96 | 9.57 | 12.8800 | 5.1300 | 4.06 | 0.74 |
| 2022-06 | 11.92 | 11.46 | 5.77 | 7.1200 | 3.6100 | 4.12 | 0.50 |
| 2022-03 | 10.14 | 10.55 | 2.61 | 3.1600 | 1.9100 | 4.02 | 0.25 |
| 2021-12 | 8.71 | 9.74 | 8.51 | 11.1200 | 8.0900 | 4.09 | 0.87 |
| 2021-09 | 9.77 | 10.74 | 7.23 | 8.7900 | 6.0900 | 3.95 | 0.67 |
| 2021-03 | 13.46 | 13.40 | 3.21 | 3.6700 | 2.2700 | 4.33 | 0.24 |
| 2021-06 | 10.79 | 11.77 | 5.46 | 6.2300 | 4.3800 | 4.21 | 0.46 |
| 2020-12 | 12.98 | 13.75 | 11.31 | 13.3100 | 9.1900 | 3.98 | 0.82 |
| 2020-09 | 13.82 | 14.23 | 8.78 | 9.8400 | 7.1400 | 3.56 | 0.62 |
| 2020-03 | 13.27 | 13.37 | 2.52 | 2.6400 | 2.1800 | 3.36 | 0.19 |
| 2020-06 | 13.91 | 14.11 | 5.69 | 6.1600 | 4.9300 | 3.55 | 0.40 |
| 2019-12 | 13.59 | 15.44 | 13.75 | 15.9100 | 10.8200 | 3.77 | 0.89 |
| 2019-09 | 13.74 | 15.84 | 10.99 | 12.2400 | 8.4400 | 3.60 | 0.69 |
| 2019-03 | 12.89 | 18.07 | 4.30 | 4.5100 | 2.6900 | 3.66 | 0.24 |
| 2019-06 | 13.07 | 16.12 | 7.74 | 8.2400 | 5.5500 | 3.66 | 0.48 |
| 2018-09 | 12.05 | 12.53 | 8.58 | 20.8400 | 7.9000 | 3.52 | 0.68 |
| 2018-12 | 12.08 | 12.48 | 11.90 | 22.2300 | 10.7300 | 3.59 | 0.95 |
| 2018-06 | 11.32 | 11.68 | 8.65 | 12.9000 | 5.2100 | -- | 0.74 |
| 2018-03 | 7.44 | 7.42 | -- | 3.6900 | -- | -- | -- |
| 2017-09 | 11.15 | 11.77 | -- | -- | -- | -- | -- |
| 2017-12 | 10.36 | 10.91 | 15.23 | 24.3200 | 9.8400 | -- | 1.40 |
| 2015-12 | 6.54 | 6.74 | 8.00 | 15.2000 | 9.8900 | -- | 1.19 |
| 2016-12 | 9.53 | 10.82 | 12.66 | 22.3100 | 9.5100 | -- | 1.17 |
| 2014-12 | 5.21 | 5.37 | 6.67 | 12.9100 | 10.4200 | 4.60 | 1.24 |
| 2025-06 | 9.77 | 10.75 | 3.69 | -- | -- | -- | 0.34 |
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 | 34.16 | 65.84 | 3.4000 | 3.0200 |
| 2024-12 | 36.99 | 63.05 | 2.8700 | 2.5600 |
| 2024-09 | 36.67 | 63.29 | 3.0100 | 2.6900 |
| 2024-03 | 35.69 | 64.31 | 3.1100 | 2.6500 |
| 2024-06 | 36.96 | 63.08 | 2.9700 | 2.5700 |
| 2023-12 | 39.46 | 60.54 | 2.6000 | 2.2500 |
| 2023-09 | 38.23 | 61.77 | 3.0200 | 2.6100 |
| 2023-03 | 28.97 | 70.98 | 2.3400 | 1.8900 |
| 2023-06 | 31.27 | 68.73 | 2.0800 | 1.7700 |
| 2022-12 | 34.12 | 65.88 | 2.0900 | 1.6400 |
| 2022-09 | 31.12 | 68.88 | 2.1100 | 1.6500 |
| 2022-06 | 26.53 | 73.47 | 2.5800 | 2.0800 |
| 2022-03 | 23.94 | 76.13 | 2.9800 | 2.4800 |
| 2021-12 | 26.15 | 73.78 | 2.6100 | 2.2100 |
| 2021-09 | 22.78 | 77.22 | 3.0100 | 2.5600 |
| 2021-03 | 20.89 | 79.11 | 3.4400 | 3.0500 |
| 2021-06 | 20.33 | 79.67 | 3.5700 | 3.1300 |
| 2020-12 | 20.73 | 79.27 | 3.5000 | 3.1400 |
| 2020-09 | 18.48 | 81.52 | 3.8500 | 3.4700 |
| 2020-03 | 15.70 | 84.30 | 4.5500 | 4.1000 |
| 2020-06 | 17.02 | 83.07 | 4.1900 | 3.8100 |
| 2019-12 | 19.84 | 80.16 | 3.6300 | 3.3300 |
| 2019-09 | 19.53 | 80.47 | 3.8600 | 3.5600 |
| 2019-03 | 18.85 | 81.15 | 4.2000 | 3.7900 |
| 2019-06 | 19.11 | 80.80 | 3.9300 | 3.6000 |
| 2018-09 | 26.21 | 73.79 | 3.0500 | 2.7000 |
| 2018-12 | 21.74 | 78.26 | 3.6800 | 3.3500 |
| 2018-06 | 41.61 | 58.39 | 1.6100 | 1.2800 |
| 2018-03 | -- | -- | -- | -- |
| 2017-09 | -- | -- | -- | -- |
| 2017-12 | 40.70 | 59.30 | 1.6200 | 1.3400 |
| 2015-12 | 52.24 | 47.76 | 1.2000 | 0.9600 |
| 2016-12 | 47.01 | 53.15 | 1.5000 | 1.2500 |
| 2014-12 | 56.22 | 43.78 | 1.0400 | 0.7900 |
| 2025-06 | 36.98 | 63.02 | -- | -- |
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 | 377000000.0000 | 7742100.0000 | 28016500.0000 | 1237100.0000 |
| 2024-12 | 1654000000.0000 | 35843200.0000 | 116000000.0000 | -6775000.0000 |
| 2024-09 | 1265000000.0000 | 28506300.0000 | 92272400.0000 | -7263900.0000 |
| 2024-03 | 419000000.0000 | 12152800.0000 | 32121800.0000 | -8765800.0000 |
| 2024-06 | 840000000.0000 | 21040900.0000 | 60967500.0000 | -11262100.0000 |
| 2023-12 | 1708000000.0000 | 42394800.0000 | 116000000.0000 | -1254300.0000 |
| 2023-09 | 1274000000.0000 | 32754700.0000 | 87608700.0000 | -11222200.0000 |
| 2023-03 | 421000000.0000 | 9380200.0000 | 23484400.0000 | 11428000.0000 |
| 2023-06 | 838000000.0000 | 21905700.0000 | 54961000.0000 | -4271700.0000 |
| 2022-12 | 1521000000.0000 | 40976500.0000 | 125000000.0000 | -29066000.0000 |
| 2022-09 | 1094000000.0000 | 33450300.0000 | 86881900.0000 | -42455100.0000 |
| 2022-06 | 665000000.0000 | 19147400.0000 | 48852200.0000 | -17501800.0000 |
| 2022-03 | 319000000.0000 | 7539400.0000 | 20513200.0000 | 1285400.0000 |
| 2021-12 | 1143000000.0000 | 31449300.0000 | 88037400.0000 | 8706900.0000 |
| 2021-09 | 813000000.0000 | 38327600.0000 | 62922200.0000 | -482900.0000 |
| 2021-03 | 270000000.0000 | 13375000.0000 | 20202500.0000 | -2605400.0000 |
| 2021-06 | 521000000.0000 | 24582400.0000 | 40023600.0000 | 3985500.0000 |
| 2020-12 | 905000000.0000 | 42370700.0000 | 64786300.0000 | 20795300.0000 |
| 2020-09 | 636000000.0000 | 29492800.0000 | 45863000.0000 | -2021300.0000 |
| 2020-03 | 183000000.0000 | 8823200.0000 | 13856900.0000 | -7225200.0000 |
| 2020-06 | 396000000.0000 | 18644100.0000 | 29047200.0000 | -4260100.0000 |
| 2019-12 | 884000000.0000 | 46433700.0000 | 62915800.0000 | -3658600.0000 |
| 2019-09 | 659000000.0000 | 35187700.0000 | 45453800.0000 | -16604500.0000 |
| 2019-03 | 223000000.0000 | 12570800.0000 | 14593700.0000 | 1293800.0000 |
| 2019-06 | 439000000.0000 | 24231400.0000 | 30127800.0000 | -22500.0000 |
| 2018-09 | 657000000.0000 | 34456500.0000 | 44978100.0000 | -9644700.0000 |
| 2018-12 | 895000000.0000 | 47105100.0000 | 66902000.0000 | -8636300.0000 |
| 2018-06 | 423000000.0000 | 18987800.0000 | 27210900.0000 | -227100.0000 |
| 2018-03 | 199000000.0000 | 9406600.0000 | 10924500.0000 | 9087000.0000 |
| 2017-09 | 574000000.0000 | 28603900.0000 | 35723400.0000 | 13200200.0000 |
| 2017-12 | 787000000.0000 | 34953200.0000 | 51127300.0000 | 17770200.0000 |
| 2015-12 | 643000000.0000 | 27041500.0000 | 50407200.0000 | -1957700.0000 |
| 2016-12 | 655000000.0000 | 29554500.0000 | 50450900.0000 | -6896800.0000 |
| 2014-12 | 691000000.0000 | 28423600.0000 | 86020300.0000 | 8797300.0000 |
| 2025-06 | 785000000.0000 | 16927000.0000 | 57179600.0000 | 5979900.0000 |