中商官网
研究报告
蓝海华腾（300484）
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) |
| 2011 | 132000000.0000 | 29999700.0000 | 31889600.0000 | 28585500.0000 | 87170900.0000 | 27361600.0000 | 59809300.0000 |
| 2012 | 160000000.0000 | 33353000.0000 | 43514400.0000 | 39835700.0000 | 133000000.0000 | 42853100.0000 | 90645000.0000 |
| 2013 | 213000000.0000 | 56983200.0000 | 68957800.0000 | 59320800.0000 | 189000000.0000 | 43529000.0000 | 145000000.0000 |
| 2014 | 205000000.0000 | 44368800.0000 | 58317700.0000 | 50688300.0000 | 248000000.0000 | 58139400.0000 | 190000000.0000 |
| 2015 | 310000000.0000 | 68241300.0000 | 81245100.0000 | 70939100.0000 | 374000000.0000 | 118000000.0000 | 256000000.0000 |
| 2016 | 678000000.0000 | 151000000.0000 | 180000000.0000 | 155000000.0000 | 1001000000.0000 | 392000000.0000 | 610000000.0000 |
| 2017 | 579000000.0000 | 148000000.0000 | 148000000.0000 | 128000000.0000 | 1121000000.0000 | 415000000.0000 | 707000000.0000 |
| 2018 | 402000000.0000 | 25397500.0000 | 25396100.0000 | 24519500.0000 | 1059000000.0000 | 354000000.0000 | 705000000.0000 |
| 2019 | 320000000.0000 | -168000000.0000 | -169000000.0000 | -153000000.0000 | 861000000.0000 | 310000000.0000 | 551000000.0000 |
| 2020 | 401000000.0000 | 62499600.0000 | 63140200.0000 | 52930700.0000 | 1048000000.0000 | 434000000.0000 | 614000000.0000 |
| 2021 | 512000000.0000 | 77722700.0000 | 77676000.0000 | 65311600.0000 | 963000000.0000 | 321000000.0000 | 642000000.0000 |
| 2022 | 447000000.0000 | 93442300.0000 | 93881900.0000 | 82983800.0000 | 988000000.0000 | 302000000.0000 | 686000000.0000 |
| 2023 | 326000000.0000 | 26731300.0000 | 26086100.0000 | 22789600.0000 | 900000000.0000 | 236000000.0000 | 664000000.0000 |
| 2024 | 352000000.0000 | 26565100.0000 | 27265700.0000 | 25389000.0000 | 915000000.0000 | 252000000.0000 | 663000000.0000 |
| 2025 | 487000000.0000 | 56544200.0000 | 57176900.0000 | 49942700.0000 | 956000000.0000 | 275000000.0000 | -- |
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) |
| 2011 | 22.73 | 24.16 | 36.58 | 58.9200 | 2.3100 | 8.46 | 1.51 |
| 2012 | 20.63 | 27.20 | 32.72 | 51.9200 | 2.4600 | 7.26 | 1.20 |
| 2013 | 26.76 | 32.37 | 36.49 | 50.4100 | 2.8300 | 7.15 | 1.13 |
| 2014 | 21.95 | 28.45 | 23.52 | 30.4800 | 2.5800 | 3.73 | 0.83 |
| 2015 | 21.94 | 26.21 | 21.72 | 31.9700 | 2.9400 | 2.45 | 0.83 |
| 2016 | 22.27 | 26.55 | 17.98 | 32.0200 | 3.4400 | 3.06 | 0.68 |
| 2017 | 18.83 | 25.56 | 13.20 | 19.5700 | 2.4200 | 1.95 | 0.52 |
| 2018 | 1.24 | 6.32 | 2.40 | 3.4700 | 1.6500 | 1.24 | 0.38 |
| 2019 | -35.63 | -52.81 | -19.63 | -24.3900 | 1.3500 | 1.24 | 0.37 |
| 2020 | 10.47 | 15.75 | 6.02 | 9.0800 | 1.3700 | 2.30 | 0.38 |
| 2021 | 13.09 | 15.17 | 8.07 | 10.0800 | 1.6900 | 3.18 | 0.53 |
| 2022 | 18.34 | 21.00 | 9.50 | 12.8400 | 1.7100 | 2.69 | 0.45 |
| 2023 | 3.68 | 8.00 | 2.90 | 3.7000 | 1.3300 | 1.99 | 0.36 |
| 2024 | 4.55 | 7.75 | 2.98 | 4.2500 | 1.6200 | 1.89 | 0.38 |
| 2025 | 9.86 | 11.74 | 5.98 | -- | -- | -- | 0.51 |
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 |
| 2011 | 31.39 | 68.61 | 3.1100 | 1.9000 |
| 2012 | 32.22 | 68.15 | 3.0300 | 2.1900 |
| 2013 | 23.03 | 76.72 | 4.2600 | 3.3300 |
| 2014 | 23.44 | 76.61 | 4.1500 | 3.4000 |
| 2015 | 31.55 | 68.45 | 2.9500 | 2.3400 |
| 2016 | 39.16 | 60.94 | 2.4200 | 2.0400 |
| 2017 | 37.02 | 63.07 | 2.3800 | 1.9600 |
| 2018 | 33.43 | 66.57 | 2.5200 | 2.0300 |
| 2019 | 36.00 | 64.00 | 2.4200 | 1.8400 |
| 2020 | 41.41 | 58.59 | 2.1300 | 1.4700 |
| 2021 | 33.33 | 66.67 | 2.6200 | 2.1300 |
| 2022 | 30.57 | 69.43 | 2.8500 | 2.2700 |
| 2023 | 26.22 | 73.78 | 3.4300 | 2.6700 |
| 2024 | 27.54 | 72.46 | 3.2200 | 2.5800 |
| 2025 | 28.77 | 0.00 | -- | -- |
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) |
| 2011 | 102000000.0000 | 10651300.0000 | 15071000.0000 | -22000.0000 |
| 2012 | 127000000.0000 | 17070400.0000 | 25271000.0000 | -38300.0000 |
| 2013 | 156000000.0000 | 19608300.0000 | 29779800.0000 | -84900.0000 |
| 2014 | 160000000.0000 | 18325600.0000 | 31299700.0000 | -719800.0000 |
| 2015 | 242000000.0000 | 22569800.0000 | 44256100.0000 | -669600.0000 |
| 2016 | 527000000.0000 | 48910600.0000 | 66752600.0000 | -667600.0000 |
| 2017 | 470000000.0000 | 46258700.0000 | 20179800.0000 | 59000.0000 |
| 2018 | 397000000.0000 | 48582500.0000 | 27110700.0000 | 3733500.0000 |
| 2019 | 434000000.0000 | 44327400.0000 | 32953800.0000 | -741500.0000 |
| 2020 | 359000000.0000 | 33472100.0000 | 25073400.0000 | 231200.0000 |
| 2021 | 445000000.0000 | 34097000.0000 | 26194700.0000 | 1281900.0000 |
| 2022 | 365000000.0000 | 40261300.0000 | 25559100.0000 | 226500.0000 |
| 2023 | 314000000.0000 | 42111900.0000 | 27991200.0000 | 1090300.0000 |
| 2024 | 336000000.0000 | 40737500.0000 | 29502900.0000 | 1437000.0000 |
| 2025 | 439000000.0000 | 43269800.0000 | 28959300.0000 | 887300.0000 |