中商官网
研究报告
恒铭达（002947）
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 | 649000000.0000 | 52.71 | 129000000.0000 | 58.65 | 128000000.0000 | 57.43 | 109000000.0000 | 53.43 |
| 2024-06-30 | 941000000.0000 | 41.08 | 187000000.0000 | 73.15 | 187000000.0000 | 74.77 | 165000000.0000 | 75.03 |
| 2024-09-30 | 1699000000.0000 | 41.00 | 353000000.0000 | 54.82 | 353000000.0000 | 57.59 | 312000000.0000 | 60.00 |
| 2024-12-31 | 2486000000.0000 | 36.74 | 524000000.0000 | 61.73 | 523000000.0000 | 63.44 | 456000000.0000 | 61.70 |
| 2024-03-31 | 425000000.0000 | 22.13 | 81310400.0000 | 72.29 | 81305400.0000 | 72.09 | 71042300.0000 | 71.88 |
| 2023-12-31 | 1818000000.0000 | 17.44 | 324000000.0000 | 39.66 | 320000000.0000 | 39.13 | 282000000.0000 | 46.11 |
| 2023-09-30 | 1205000000.0000 | 25.13 | 228000000.0000 | 25.27 | 224000000.0000 | 24.44 | 195000000.0000 | 28.29 |
| 2023-06-30 | 667000000.0000 | 13.82 | 108000000.0000 | 10.86 | 107000000.0000 | 12.15 | 94268000.0000 | 16.54 |
| 2023-03-31 | 348000000.0000 | 11.90 | 47193900.0000 | 13.50 | 47244500.0000 | 13.78 | 41333700.0000 | 19.45 |
| 2022-12-31 | 1548000000.0000 | 36.99 | 232000000.0000 | 425.81 | 230000000.0000 | 430.75 | 193000000.0000 | 547.08 |
| 2022-09-30 | 963000000.0000 | 43.95 | 182000000.0000 | -1633.19 | 180000000.0000 | -1810.02 | 152000000.0000 | -817.53 |
| 2022-06-30 | 586000000.0000 | 61.43 | 97423500.0000 | 169.11 | 95407600.0000 | 152.31 | 80890000.0000 | 152.87 |
| 2021-12-31 | 1130000000.0000 | 75.47 | 44122600.0000 | -63.83 | 43335300.0000 | -64.48 | 29826100.0000 | -71.59 |
| 2022-03-31 | 311000000.0000 | 80.81 | 41580000.0000 | 99.06 | 41523500.0000 | 97.76 | 34604700.0000 | 93.84 |
| 2021-09-30 | 669000000.0000 | 69.37 | -11870700.0000 | -112.59 | -10526200.0000 | -110.95 | -21183800.0000 | -126.02 |
| 2021-06-30 | 363000000.0000 | 65.75 | 36202300.0000 | -50.25 | 37813200.0000 | -48.06 | 31988700.0000 | -48.17 |
| 2020-12-31 | 644000000.0000 | 10.09 | 122000000.0000 | -35.45 | 122000000.0000 | -36.79 | 105000000.0000 | -36.75 |
| 2021-03-31 | 172000000.0000 | 89.02 | 20887700.0000 | -38.85 | 20997400.0000 | -38.87 | 17852200.0000 | -38.48 |
| 2020-09-30 | 395000000.0000 | 1.54 | 94294600.0000 | -26.33 | 96134600.0000 | -28.79 | 81424500.0000 | -28.58 |
| 2020-06-30 | 219000000.0000 | 2.34 | 72773800.0000 | 7.24 | 72807700.0000 | -2.81 | 61717000.0000 | -2.11 |
| 2019-12-31 | 585000000.0000 | 16.77 | 189000000.0000 | 33.10 | 193000000.0000 | 33.10 | 166000000.0000 | 31.75 |
| 2020-03-31 | 90998000.0000 | -8.93 | 34159600.0000 | 27.45 | 34349600.0000 | 2.78 | 29017200.0000 | 4.00 |
| 2019-06-30 | 214000000.0000 | 9.18 | 67859400.0000 | 41.63 | 74916600.0000 | 48.46 | 63048900.0000 | 45.45 |
| 2019-09-30 | 389000000.0000 | 13.74 | 128000000.0000 | 29.39 | 135000000.0000 | 32.35 | 114000000.0000 | 32.88 |
| 2019-03-31 | 99918900.0000 | -9.16 | 26801500.0000 | 44.96 | 33420700.0000 | 59.62 | 27900700.0000 | 56.93 |
| 2018-12-31 | 501000000.0000 | 11.58 | 142000000.0000 | 26.79 | 145000000.0000 | 23.93 | 126000000.0000 | 27.36 |
| 2018-06-30 | 196000000.0000 | -- | 47912500.0000 | -- | 50463800.0000 | -- | 43347800.0000 | -- |
| 2018-09-30 | 342000000.0000 | 18.34 | 98928400.0000 | 56.55 | 102000000.0000 | 53.86 | 85792500.0000 | 57.88 |
| 2017-09-30 | 289000000.0000 | -- | 63193900.0000 | -- | 66295100.0000 | -- | 54339100.0000 | -- |
| 2017-12-31 | 449000000.0000 | 41.19 | 112000000.0000 | 43.50 | 117000000.0000 | 48.32 | 98933200.0000 | 48.95 |
| 2018-03-31 | 110000000.0000 | 17.53 | 18488300.0000 | -22.24 | 20938300.0000 | -15.94 | 17779300.0000 | -16.63 |
| 2017-03-31 | 93590600.0000 | -- | 23777100.0000 | -- | 24908500.0000 | -- | 21326600.0000 | -- |
| 2016-12-31 | 318000000.0000 | 3.92 | 78048000.0000 | 3.48 | 78882900.0000 | 4.43 | 66422000.0000 | 4.55 |
| 2015-12-31 | 306000000.0000 | -0.65 | 75421100.0000 | -20.21 | 75539200.0000 | -20.46 | 63533500.0000 | -21.64 |
| 2014-12-31 | 308000000.0000 | -- | 94526800.0000 | -- | 94965200.0000 | -- | 81074700.0000 | -- |
| 2025-06-30 | 1244000000.0000 | 32.20 | 276000000.0000 | 47.59 | 276000000.0000 | 47.59 | 235000000.0000 | 42.42 |
| 2025-09-30 | -- | -100.00 | -- | -100.00 | -- | -100.00 | -- | -100.00 |
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 | 18.80 | 19.72 | 3.20 | 3.3700 | 1.7900 | 2.26 | 0.16 |
| 2024-06 | 19.34 | 19.87 | 6.56 | 7.4700 | 2.5800 | 2.34 | 0.33 |
| 2024-09 | 20.19 | 20.78 | 9.32 | 13.3100 | 3.9500 | 2.39 | 0.45 |
| 2024-12 | 20.47 | 21.04 | 13.21 | 18.0300 | 7.0000 | 2.32 | 0.63 |
| 2024-03 | 18.59 | 19.13 | 3.01 | 3.3200 | 1.5200 | 2.09 | 0.16 |
| 2023-12 | 16.34 | 17.60 | 11.42 | 14.3800 | 5.0800 | 2.20 | 0.65 |
| 2023-09 | 17.34 | 18.59 | 8.01 | 10.1600 | 2.7400 | 2.30 | 0.43 |
| 2023-06 | 14.84 | 16.04 | 4.45 | 5.0400 | 1.9800 | 2.27 | 0.28 |
| 2023-03 | 12.07 | 13.58 | 2.00 | 2.2200 | 1.0200 | 2.21 | 0.15 |
| 2022-12 | 13.37 | 14.86 | 9.23 | 10.9100 | 4.3100 | 2.35 | 0.62 |
| 2022-09 | 17.55 | 18.69 | 7.32 | 8.5400 | 2.2500 | 2.37 | 0.39 |
| 2022-06 | 15.02 | 16.28 | 4.32 | 4.6400 | 2.0100 | 2.34 | 0.27 |
| 2021-12 | 2.04 | 3.83 | 1.97 | 2.1900 | 5.4800 | 2.50 | 0.51 |
| 2022-03 | 11.90 | 13.35 | 2.00 | 2.0100 | 1.2200 | 2.21 | 0.15 |
| 2021-09 | -3.89 | -1.57 | -0.50 | -1.4900 | 3.0000 | 2.57 | 0.32 |
| 2021-06 | 6.89 | 10.42 | 2.44 | 2.5900 | 2.6500 | 2.46 | 0.23 |
| 2020-12 | 13.66 | 18.94 | 7.34 | 8.5000 | 5.6900 | 2.11 | 0.39 |
| 2021-03 | 9.30 | 12.21 | 1.28 | 1.3900 | 1.2500 | 2.28 | 0.11 |
| 2020-09 | 17.47 | 24.34 | 5.87 | 6.5800 | 3.7700 | 1.89 | 0.24 |
| 2020-06 | 25.11 | 33.25 | 5.58 | 5.0000 | 2.7900 | 1.85 | 0.17 |
| 2019-12 | 30.09 | 32.99 | 14.23 | 15.1000 | 7.1900 | 2.11 | 0.43 |
| 2020-03 | 24.98 | 37.75 | 2.57 | 2.3600 | 1.1800 | 1.52 | 0.07 |
| 2019-06 | 30.37 | 35.01 | 6.25 | 6.2400 | 2.7300 | 2.00 | 0.18 |
| 2019-09 | 31.36 | 34.70 | 10.30 | 10.7800 | 4.1600 | 2.04 | 0.30 |
| 2019-03 | 25.69 | 33.45 | 2.85 | 3.0500 | 1.4400 | 1.82 | 0.09 |
| 2018-12 | 28.74 | 28.94 | 22.38 | 25.9300 | 6.0300 | 2.04 | 0.77 |
| 2018-06 | 25.00 | 25.75 | 9.67 | 9.7500 | 2.7600 | 2.06 | 0.38 |
| 2018-09 | 29.53 | 29.82 | 16.32 | 18.4200 | 3.6600 | 2.10 | 0.55 |
| 2017-09 | 22.15 | 22.94 | -- | 18.2400 | -- | -- | -- |
| 2017-12 | 24.72 | 26.06 | 22.16 | 29.8500 | 5.4300 | 2.04 | 0.85 |
| 2018-03 | 16.98 | 19.03 | -- | 4.1200 | -- | -- | -- |
| 2017-03 | 25.41 | 26.61 | 4.74 | 11.1400 | 1.5800 | 1.89 | 0.18 |
| 2016-12 | 24.53 | 24.81 | 17.85 | 30.0900 | 6.0700 | 1.88 | 0.72 |
| 2015-12 | 24.84 | 24.69 | 19.27 | 32.6700 | 8.2400 | 2.03 | 0.78 |
| 2014-12 | 30.84 | 30.83 | 32.30 | 49.5800 | 7.0100 | 1.79 | 1.05 |
| 2025-06 | 20.82 | 22.19 | 7.25 | 7.3200 | 3.3300 | 2.34 | 0.33 |
| 2025-09 | -- | -- | -- | -- | -- | -- | -- |
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 | 18.09 | 81.94 | 5.0400 | 4.6600 |
| 2024-06 | 25.36 | 74.64 | 3.3400 | 2.8200 |
| 2024-09 | 20.27 | 79.75 | 4.4700 | 3.0000 |
| 2024-12 | 19.90 | 80.07 | 4.5300 | 4.1300 |
| 2024-03 | 20.51 | 79.45 | 4.2300 | 3.7100 |
| 2023-12 | 24.95 | 75.05 | 3.4100 | 3.0400 |
| 2023-09 | 28.25 | 71.71 | 3.1700 | 1.8900 |
| 2023-06 | 20.93 | 79.07 | 4.5400 | 2.7800 |
| 2023-03 | 19.26 | 80.74 | 4.8900 | 3.6100 |
| 2022-12 | 25.09 | 74.91 | 3.4300 | 2.4000 |
| 2022-09 | 26.02 | 73.98 | 3.3600 | 1.4800 |
| 2022-06 | 20.72 | 79.28 | 4.4100 | 2.5300 |
| 2021-12 | 21.50 | 78.50 | 3.7300 | 2.2000 |
| 2022-03 | 17.54 | 82.46 | 4.4400 | 2.5500 |
| 2021-09 | 19.94 | 80.01 | 4.4000 | 2.1400 |
| 2021-06 | 17.62 | 82.31 | 4.5200 | 3.4000 |
| 2020-12 | 22.82 | 77.12 | 3.6100 | 1.8200 |
| 2021-03 | 20.70 | 79.30 | 3.9600 | 2.0900 |
| 2020-09 | 17.63 | 82.37 | 4.7800 | 1.9300 |
| 2020-06 | 7.56 | 92.48 | 11.7700 | 5.1400 |
| 2019-12 | 10.25 | 89.75 | 8.7400 | 5.0000 |
| 2020-03 | 7.00 | 93.05 | 12.8400 | 5.8700 |
| 2019-06 | 7.02 | 92.99 | 12.8400 | 4.8400 |
| 2019-09 | 11.14 | 88.86 | 8.0900 | 3.1400 |
| 2019-03 | 6.07 | 93.95 | 14.8700 | 6.1200 |
| 2018-12 | 15.36 | 84.72 | 5.0800 | 4.6900 |
| 2018-06 | 10.64 | 89.27 | 6.9200 | 6.2900 |
| 2018-09 | 18.56 | 81.44 | 4.1300 | 3.6600 |
| 2017-09 | -- | -- | -- | -- |
| 2017-12 | 19.89 | 80.11 | 3.8800 | 3.4000 |
| 2018-03 | -- | -- | -- | -- |
| 2017-03 | 35.81 | 64.19 | 2.2100 | 2.0100 |
| 2016-12 | 59.05 | 40.95 | 1.2800 | 1.1000 |
| 2015-12 | 48.21 | 51.79 | 1.7400 | 1.6000 |
| 2014-12 | 28.81 | 71.09 | 3.0900 | 2.7500 |
| 2025-06 | 18.58 | 81.42 | 4.8100 | 4.4000 |
| 2025-09 | -- | -- | -- | -- |
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 | 527000000.0000 | 13473600.0000 | 27963500.0000 | 1788300.0000 |
| 2024-06 | 759000000.0000 | 20389100.0000 | 38838800.0000 | -9821300.0000 |
| 2024-09 | 1356000000.0000 | 36439900.0000 | 66053300.0000 | -2634200.0000 |
| 2024-12 | 1977000000.0000 | 52799500.0000 | 98072000.0000 | -10493200.0000 |
| 2024-03 | 346000000.0000 | 11464900.0000 | 20834100.0000 | -4333700.0000 |
| 2023-12 | 1521000000.0000 | 42130900.0000 | 98005200.0000 | 3951700.0000 |
| 2023-09 | 996000000.0000 | 30562500.0000 | 68816700.0000 | -10454500.0000 |
| 2023-06 | 568000000.0000 | 18680300.0000 | 42485400.0000 | -10127500.0000 |
| 2023-03 | 306000000.0000 | 9401800.0000 | 24399000.0000 | 5700300.0000 |
| 2022-12 | 1341000000.0000 | 45462200.0000 | 127000000.0000 | -27237000.0000 |
| 2022-09 | 794000000.0000 | 28406400.0000 | 57984900.0000 | -43792200.0000 |
| 2022-06 | 498000000.0000 | 14734800.0000 | 31462600.0000 | -6893700.0000 |
| 2021-12 | 1107000000.0000 | 31031900.0000 | 149000000.0000 | 9944200.0000 |
| 2022-03 | 274000000.0000 | 6654700.0000 | 14190700.0000 | 1416300.0000 |
| 2021-09 | 695000000.0000 | 26287600.0000 | 139000000.0000 | -439300.0000 |
| 2021-06 | 338000000.0000 | 13638000.0000 | 29402400.0000 | 1935500.0000 |
| 2020-12 | 556000000.0000 | 34899700.0000 | 62574400.0000 | 11195800.0000 |
| 2021-03 | 156000000.0000 | 8800000.0000 | 14237200.0000 | -3686700.0000 |
| 2020-09 | 326000000.0000 | 27872800.0000 | 40780300.0000 | 386100.0000 |
| 2020-06 | 164000000.0000 | 15747400.0000 | 18532900.0000 | -2960100.0000 |
| 2019-12 | 409000000.0000 | 39434500.0000 | 37485000.0000 | -2127000.0000 |
| 2020-03 | 68268200.0000 | 7205200.0000 | 8564700.0000 | -6365700.0000 |
| 2019-06 | 149000000.0000 | 15700200.0000 | 16796000.0000 | -126900.0000 |
| 2019-09 | 267000000.0000 | 26699100.0000 | 25795900.0000 | -7580500.0000 |
| 2019-03 | 74252300.0000 | 6970000.0000 | 8691200.0000 | 4464800.0000 |
| 2018-12 | 357000000.0000 | 30168500.0000 | 37611400.0000 | -876500.0000 |
| 2018-06 | 147000000.0000 | 11001000.0000 | 14047600.0000 | 1756400.0000 |
| 2018-09 | 241000000.0000 | 18986800.0000 | 21882400.0000 | -5042400.0000 |
| 2017-09 | 225000000.0000 | 15577900.0000 | 39598300.0000 | 7403800.0000 |
| 2017-12 | 338000000.0000 | 23144600.0000 | 35649900.0000 | 10554000.0000 |
| 2018-03 | 91321700.0000 | 5442500.0000 | 6864700.0000 | 8466300.0000 |
| 2017-03 | 69813500.0000 | 5047500.0000 | 9864600.0000 | 1579600.0000 |
| 2016-12 | 240000000.0000 | 15419400.0000 | 37425000.0000 | -3715000.0000 |
| 2015-12 | 230000000.0000 | 8516100.0000 | 26238200.0000 | -2479500.0000 |
| 2014-12 | 213000000.0000 | 6911600.0000 | 21745200.0000 | -185400.0000 |
| 2025-06 | 985000000.0000 | 23755200.0000 | 48389000.0000 | 1025500.0000 |
| 2025-09 | -- | -- | -- | -- |