中商官网
研究报告
深信服（300454）
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) |
| 2014 | 950000000.0000 | 155000000.0000 | 268000000.0000 | 233000000.0000 | 1612000000.0000 | 640000000.0000 | 972000000.0000 |
| 2015 | 1319000000.0000 | 256000000.0000 | 384000000.0000 | 330000000.0000 | 2142000000.0000 | 1042000000.0000 | 1101000000.0000 |
| 2016 | 1750000000.0000 | 110000000.0000 | 305000000.0000 | 258000000.0000 | 2104000000.0000 | 894000000.0000 | 1211000000.0000 |
| 2017 | 2472000000.0000 | 639000000.0000 | 641000000.0000 | 574000000.0000 | 2911000000.0000 | 1171000000.0000 | 1741000000.0000 |
| 2018 | 3224000000.0000 | 614000000.0000 | 618000000.0000 | 603000000.0000 | 5132000000.0000 | 1695000000.0000 | 3437000000.0000 |
| 2019 | 4590000000.0000 | 789000000.0000 | 791000000.0000 | 759000000.0000 | 6772000000.0000 | 2451000000.0000 | 4321000000.0000 |
| 2020 | 5458000000.0000 | 761000000.0000 | 766000000.0000 | 809000000.0000 | 9656000000.0000 | 3145000000.0000 | 6511000000.0000 |
| 2021 | 6805000000.0000 | 249000000.0000 | 256000000.0000 | 273000000.0000 | 10950000000.0000 | 3646000000.0000 | 7305000000.0000 |
| 2022 | 7413000000.0000 | 204000000.0000 | 219000000.0000 | 194000000.0000 | 12183000000.0000 | 4463000000.0000 | 7720000000.0000 |
| 2023 | 7662000000.0000 | 209000000.0000 | 204000000.0000 | 199000000.0000 | 15029000000.0000 | 6221000000.0000 | 8808000000.0000 |
| 2024 | 7520000000.0000 | 211000000.0000 | 204000000.0000 | 197000000.0000 | 15222000000.0000 | 6054000000.0000 | 9168000000.0000 |
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) |
| 2014 | 16.00 | 28.21 | 16.63 | 27.3200 | 5.5000 | 12.57 | 0.59 |
| 2015 | 19.18 | 29.11 | 17.93 | 29.0700 | 8.3200 | 12.94 | 0.62 |
| 2016 | 5.94 | 17.43 | 14.50 | 13.2100 | 8.7700 | 12.85 | 0.83 |
| 2017 | 16.46 | 25.93 | 22.02 | 39.4400 | 8.7200 | 12.65 | 0.85 |
| 2018 | 9.46 | 19.17 | 12.04 | 22.3700 | 7.9800 | 11.76 | 0.63 |
| 2019 | 9.43 | 17.23 | 11.68 | 19.7400 | 7.7600 | 13.19 | 0.68 |
| 2020 | 5.28 | 14.03 | 7.93 | 16.5600 | 8.6000 | 12.30 | 0.57 |
| 2021 | -3.47 | 3.76 | 2.34 | 4.0200 | 8.8600 | 13.06 | 0.62 |
| 2022 | -3.16 | 2.95 | 1.80 | 2.6000 | 8.6000 | 10.92 | 0.61 |
| 2023 | -3.12 | 2.66 | 1.36 | 2.4100 | 8.1400 | 9.06 | 0.51 |
| 2024 | -3.40 | 2.71 | 1.34 | 2.2200 | 8.0100 | 9.35 | 0.49 |
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 |
| 2014 | 39.70 | 60.30 | 1.8100 | 0.6600 |
| 2015 | 48.65 | 51.40 | 1.7700 | 0.5900 |
| 2016 | 42.49 | 57.56 | 1.4700 | 0.5200 |
| 2017 | 40.23 | 59.81 | 2.0000 | 0.4900 |
| 2018 | 33.03 | 66.97 | 2.0200 | 0.7200 |
| 2019 | 36.19 | 63.81 | 1.2000 | 0.9900 |
| 2020 | 32.57 | 67.43 | 1.7900 | 1.0600 |
| 2021 | 33.30 | 66.71 | 1.6700 | 0.8800 |
| 2022 | 36.63 | 63.37 | 1.5400 | 0.9700 |
| 2023 | 41.39 | 58.61 | 1.5600 | 0.8300 |
| 2024 | 39.77 | 60.23 | 1.6300 | 0.8300 |
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) |
| 2014 | 798000000.0000 | 384000000.0000 | 274000000.0000 | -30540000.0000 |
| 2015 | 1066000000.0000 | 476000000.0000 | 351000000.0000 | -40971800.0000 |
| 2016 | 1646000000.0000 | 766000000.0000 | 513000000.0000 | -39601500.0000 |
| 2017 | 2065000000.0000 | 868000000.0000 | 96897700.0000 | -32219400.0000 |
| 2018 | 2919000000.0000 | 1171000000.0000 | 130000000.0000 | -67789600.0000 |
| 2019 | 4157000000.0000 | 1608000000.0000 | 192000000.0000 | -111000000.0000 |
| 2020 | 5170000000.0000 | 1811000000.0000 | 272000000.0000 | -124000000.0000 |
| 2021 | 7041000000.0000 | 2317000000.0000 | 392000000.0000 | -185000000.0000 |
| 2022 | 7647000000.0000 | 2411000000.0000 | 390000000.0000 | -191000000.0000 |
| 2023 | 7901000000.0000 | 2702000000.0000 | 372000000.0000 | -196000000.0000 |
| 2024 | 7776000000.0000 | 2507000000.0000 | 382000000.0000 | -198000000.0000 |