中商官网
研究报告
阳谷华泰（300121）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 2007 | 226000000.0000 | 19552400.0000 | 18430300.0000 | 15001000.0000 | 147000000.0000 | 94398300.0000 | 52537400.0000 |
| 2008 | 254000000.0000 | 19612400.0000 | 20494400.0000 | 17556800.0000 | 159000000.0000 | 88500600.0000 | 70253900.0000 |
| 2009 | 267000000.0000 | 29288200.0000 | 33587500.0000 | 27826400.0000 | 188000000.0000 | 89394900.0000 | 98243200.0000 |
| 2010 | 348000000.0000 | 29543600.0000 | 33064400.0000 | 28818000.0000 | 498000000.0000 | 77997400.0000 | 420000000.0000 |
| 2011 | 351000000.0000 | 12811900.0000 | 17185700.0000 | 15451700.0000 | 576000000.0000 | 140000000.0000 | 436000000.0000 |
| 2012 | 389000000.0000 | 8595700.0000 | 12825000.0000 | 11732300.0000 | 827000000.0000 | 390000000.0000 | 437000000.0000 |
| 2013 | 634000000.0000 | 3507800.0000 | 17684200.0000 | 15763400.0000 | 1070000000.0000 | 617000000.0000 | 453000000.0000 |
| 2014 | 745000000.0000 | 17564400.0000 | 32621100.0000 | 26964500.0000 | 1218000000.0000 | 747000000.0000 | 471000000.0000 |
| 2015 | 860000000.0000 | 46619900.0000 | 49627300.0000 | 39312900.0000 | 1241000000.0000 | 742000000.0000 | 499000000.0000 |
| 2016 | 1240000000.0000 | 187000000.0000 | 193000000.0000 | 157000000.0000 | 1412000000.0000 | 759000000.0000 | 653000000.0000 |
| 2017 | 1638000000.0000 | 250000000.0000 | 250000000.0000 | 204000000.0000 | 1624000000.0000 | 768000000.0000 | 856000000.0000 |
| 2018 | 2082000000.0000 | 459000000.0000 | 454000000.0000 | 367000000.0000 | 2101000000.0000 | 395000000.0000 | 1706000000.0000 |
| 2019 | 2014000000.0000 | 217000000.0000 | 222000000.0000 | 184000000.0000 | 2133000000.0000 | 461000000.0000 | 1672000000.0000 |
| 2020 | 1943000000.0000 | 158000000.0000 | 156000000.0000 | 126000000.0000 | 2306000000.0000 | 650000000.0000 | 1656000000.0000 |
| 2021 | 2705000000.0000 | 350000000.0000 | 348000000.0000 | 284000000.0000 | 2657000000.0000 | 729000000.0000 | 1928000000.0000 |
| 2022 | 3517000000.0000 | 628000000.0000 | 627000000.0000 | 515000000.0000 | 3542000000.0000 | 762000000.0000 | 2779000000.0000 |
| 2023 | 3455000000.0000 | 384000000.0000 | 381000000.0000 | 304000000.0000 | 4417000000.0000 | 1209000000.0000 | 3208000000.0000 |
| 2024 | 3431000000.0000 | 249000000.0000 | 237000000.0000 | 192000000.0000 | 4482000000.0000 | 967000000.0000 | 3515000000.0000 |
| 2025 | 3443000000.0000 | 268000000.0000 | 264000000.0000 | 199000000.0000 | 4526000000.0000 | 885000000.0000 | 3642000000.0000 |
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) |
| 2007 | 8.85 | 8.16 | 12.54 | 33.4600 | 11.7000 | 4.89 | 1.54 |
| 2008 | 7.87 | 8.07 | 12.89 | 28.6300 | 13.8800 | 5.57 | 1.60 |
| 2009 | 10.86 | 12.58 | 17.87 | 33.0600 | 16.5400 | 5.41 | 1.42 |
| 2010 | 8.33 | 9.50 | 6.64 | 15.4900 | 18.3900 | 5.76 | 0.70 |
| 2011 | 3.42 | 4.90 | 2.98 | 3.6400 | 8.1100 | 5.26 | 0.61 |
| 2012 | 2.06 | 3.30 | 1.55 | 2.6900 | 4.3000 | 4.56 | 0.47 |
| 2013 | 0.63 | 2.79 | 1.65 | 3.5400 | 5.6500 | 4.13 | 0.59 |
| 2014 | 2.15 | 4.38 | 2.68 | 5.7800 | 5.5600 | 3.52 | 0.61 |
| 2015 | 5.47 | 5.77 | 4.00 | 7.8800 | 5.0500 | 3.37 | 0.69 |
| 2016 | 15.16 | 15.56 | 13.67 | 27.2400 | 7.0500 | 3.66 | 0.88 |
| 2017 | 15.14 | 15.26 | 15.39 | 27.1600 | 8.6600 | 3.97 | 1.01 |
| 2018 | 21.18 | 21.81 | 21.61 | 25.0900 | 7.9500 | 4.35 | 0.99 |
| 2019 | 10.18 | 11.02 | 10.41 | 11.1300 | 7.3000 | 3.95 | 0.94 |
| 2020 | 7.46 | 8.03 | 6.76 | 7.7000 | 7.6800 | 3.67 | 0.84 |
| 2021 | 11.94 | 12.87 | 13.10 | 16.0300 | 8.3300 | 4.16 | 1.02 |
| 2022 | 17.40 | 17.83 | 17.70 | 22.5100 | 7.0600 | 4.08 | 0.99 |
| 2023 | 10.71 | 11.03 | 8.63 | 10.2600 | 6.5700 | 3.58 | 0.78 |
| 2024 | 6.73 | 6.91 | 5.29 | 5.8000 | 6.2700 | 3.46 | 0.77 |
| 2025 | 6.77 | 7.67 | 5.83 | -- | -- | -- | 0.76 |
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 |
| 2007 | 64.22 | 35.74 | 1.5300 | 1.2200 |
| 2008 | 55.66 | 44.18 | 1.9500 | 1.6000 |
| 2009 | 47.55 | 52.26 | 4.5500 | 3.3800 |
| 2010 | 15.66 | 84.34 | 14.8300 | 13.4100 |
| 2011 | 24.31 | 75.69 | 3.5300 | 2.2600 |
| 2012 | 47.16 | 52.84 | 1.0300 | 0.5500 |
| 2013 | 57.66 | 42.34 | 0.9300 | 0.6600 |
| 2014 | 61.33 | 38.67 | 1.1500 | 0.8000 |
| 2015 | 59.79 | 40.21 | 1.1600 | 0.8900 |
| 2016 | 53.75 | 46.25 | 1.7500 | 1.4300 |
| 2017 | 47.29 | 52.71 | 1.4300 | 1.1400 |
| 2018 | 18.80 | 81.20 | 3.5300 | 2.8200 |
| 2019 | 21.61 | 78.39 | 2.7500 | 2.1600 |
| 2020 | 28.19 | 71.81 | 1.9000 | 1.5200 |
| 2021 | 27.44 | 72.56 | 2.0000 | 1.4900 |
| 2022 | 21.51 | 78.46 | 3.2800 | 2.5300 |
| 2023 | 27.37 | 72.63 | 4.1900 | 3.2800 |
| 2024 | 21.58 | 78.42 | 3.8900 | 3.0000 |
| 2025 | 19.55 | 80.47 | -- | -- |
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) |
| 2007 | 206000000.0000 | 10501700.0000 | 11534300.0000 | 1679900.0000 |
| 2008 | 234000000.0000 | 8971500.0000 | 13161000.0000 | 2278300.0000 |
| 2009 | 238000000.0000 | 11806200.0000 | 15864200.0000 | 3234400.0000 |
| 2010 | 319000000.0000 | 14826900.0000 | 23992400.0000 | 3430800.0000 |
| 2011 | 339000000.0000 | 15709300.0000 | 36555500.0000 | 2919600.0000 |
| 2012 | 381000000.0000 | 9033800.0000 | 40947700.0000 | 11164000.0000 |
| 2013 | 630000000.0000 | 15931000.0000 | 53782800.0000 | 33619600.0000 |
| 2014 | 729000000.0000 | 22309000.0000 | 62812500.0000 | 34068400.0000 |
| 2015 | 813000000.0000 | 38917000.0000 | 81468400.0000 | 36928000.0000 |
| 2016 | 1052000000.0000 | 34273500.0000 | 86301000.0000 | 29475500.0000 |
| 2017 | 1390000000.0000 | 57554000.0000 | 73261800.0000 | 34679800.0000 |
| 2018 | 1641000000.0000 | 78699100.0000 | 87784500.0000 | 19019900.0000 |
| 2019 | 1809000000.0000 | 110000000.0000 | 91149700.0000 | 8248300.0000 |
| 2020 | 1798000000.0000 | 44359000.0000 | 101000000.0000 | 21905600.0000 |
| 2021 | 2382000000.0000 | 56725700.0000 | 112000000.0000 | 29963500.0000 |
| 2022 | 2905000000.0000 | 62020900.0000 | 197000000.0000 | 4748000.0000 |
| 2023 | 3085000000.0000 | 72135700.0000 | 175000000.0000 | 26396400.0000 |
| 2024 | 3200000000.0000 | 78597400.0000 | 161000000.0000 | 41027600.0000 |
| 2025 | 3210000000.0000 | 73087000.0000 | 160000000.0000 | 24183900.0000 |