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 | 131000000.0000 | 86.36 | 32993700.0000 | 287.55 | 32973700.0000 | 253.23 | 27519900.0000 | 291.75 |
| 2024-06-30 | 148000000.0000 | -0.67 | 17301000.0000 | -19.15 | 18125500.0000 | -15.53 | 15197800.0000 | -10.86 |
| 2024-09-30 | 236000000.0000 | 5.83 | 23396300.0000 | -6.05 | 24220500.0000 | 0.10 | 19992100.0000 | -3.70 |
| 2024-12-31 | 352000000.0000 | 7.98 | 26565100.0000 | -0.62 | 27265700.0000 | 4.52 | 25389000.0000 | 11.41 |
| 2023-12-31 | 326000000.0000 | -27.07 | 26731300.0000 | -71.39 | 26086100.0000 | -72.21 | 22789600.0000 | -72.54 |
| 2023-09-30 | 223000000.0000 | -31.17 | 24902700.0000 | -69.12 | 24196600.0000 | -68.79 | 20759900.0000 | -66.69 |
| 2024-03-31 | 70293400.0000 | 3.24 | 8513400.0000 | -32.49 | 9335000.0000 | -25.97 | 7024900.0000 | -33.25 |
| 2023-03-31 | 68085300.0000 | -29.27 | 12609800.0000 | -22.38 | 12609600.0000 | -22.36 | 10524400.0000 | -20.45 |
| 2022-12-31 | 447000000.0000 | -12.70 | 93442300.0000 | 20.23 | 93881900.0000 | 20.86 | 82983800.0000 | 27.06 |
| 2023-06-30 | 149000000.0000 | -32.27 | 21399000.0000 | -57.57 | 21459000.0000 | -57.30 | 17049700.0000 | -59.09 |
| 2022-06-30 | 220000000.0000 | -13.04 | 50437800.0000 | 13.00 | 50254600.0000 | 12.59 | 41674500.0000 | 16.76 |
| 2022-09-30 | 324000000.0000 | -15.84 | 80649000.0000 | 21.23 | 77519000.0000 | 16.55 | 62316600.0000 | 20.57 |
| 2022-03-31 | 96260500.0000 | 11.55 | 16245400.0000 | 22.59 | 16242100.0000 | 22.56 | 13229600.0000 | 26.21 |
| 2021-12-31 | 512000000.0000 | 27.68 | 77722700.0000 | 24.36 | 77676000.0000 | 23.02 | 65311600.0000 | 23.39 |
| 2021-09-30 | 385000000.0000 | 21.45 | 66524200.0000 | 17.68 | 66511400.0000 | 16.24 | 51685700.0000 | 12.14 |
| 2020-12-31 | 401000000.0000 | 25.31 | 62499600.0000 | -137.20 | 63140200.0000 | -137.36 | 52930700.0000 | -134.60 |
| 2021-06-30 | 253000000.0000 | 34.57 | 44633500.0000 | 9.71 | 44633200.0000 | 8.88 | 35692700.0000 | 11.11 |
| 2021-03-31 | 86295500.0000 | 19.31 | 13252200.0000 | -10.85 | 13252200.0000 | -10.84 | 10482300.0000 | -13.05 |
| 2020-06-30 | 188000000.0000 | 36.23 | 40681600.0000 | 224.63 | 40994100.0000 | 227.13 | 32123800.0000 | 196.92 |
| 2020-09-30 | 317000000.0000 | 39.04 | 56532100.0000 | -169.12 | 57220800.0000 | -170.33 | 46088700.0000 | -158.61 |
| 2020-03-31 | 72331000.0000 | 17.46 | 14864300.0000 | 31.85 | 14864100.0000 | 31.85 | 12055700.0000 | 28.72 |
| 2019-12-31 | 320000000.0000 | -20.40 | -168000000.0000 | -761.48 | -169000000.0000 | -765.46 | -153000000.0000 | -723.99 |
| 2019-09-30 | 228000000.0000 | -14.29 | -81793300.0000 | -589.89 | -81365100.0000 | -587.35 | -78629600.0000 | -664.66 |
| 2019-06-30 | 138000000.0000 | -22.03 | 12531600.0000 | -12.02 | 12531600.0000 | -12.02 | 10818900.0000 | -10.11 |
| 2018-12-31 | 402000000.0000 | -30.57 | 25397500.0000 | -82.84 | 25396100.0000 | -82.84 | 24519500.0000 | -80.84 |
| 2019-03-31 | 61581500.0000 | 11.48 | 11273900.0000 | 114.90 | 11273900.0000 | 114.90 | 9365600.0000 | 156.14 |
| 2018-06-30 | 177000000.0000 | -39.80 | 14243500.0000 | -83.36 | 14243500.0000 | -83.36 | 12035800.0000 | -83.01 |
| 2018-09-30 | 266000000.0000 | -39.95 | 16696300.0000 | -86.85 | 16695400.0000 | -86.85 | 13925000.0000 | -86.99 |
| 2018-03-31 | 55237900.0000 | -58.78 | 5246000.0000 | -85.29 | 5246000.0000 | -87.53 | 3656400.0000 | -89.42 |
| 2017-06-30 | 294000000.0000 | 14.40 | 85593700.0000 | 25.05 | 85594300.0000 | 9.75 | 70840600.0000 | 4.74 |
| 2017-12-31 | 579000000.0000 | -14.60 | 148000000.0000 | -1.99 | 148000000.0000 | -17.78 | 128000000.0000 | -17.42 |
| 2017-09-30 | 443000000.0000 | 2.55 | 127000000.0000 | 13.39 | 127000000.0000 | 4.10 | 107000000.0000 | 0.94 |
| 2016-09-30 | 432000000.0000 | 154.12 | 112000000.0000 | 221.57 | 122000000.0000 | 177.50 | 106000000.0000 | 174.32 |
| 2016-12-31 | 678000000.0000 | 118.71 | 151000000.0000 | 121.27 | 180000000.0000 | 121.55 | 155000000.0000 | 118.50 |
| 2017-03-31 | 134000000.0000 | 56.14 | 35663300.0000 | 61.79 | 42083300.0000 | 39.55 | 34572200.0000 | 34.01 |
| 2016-06-30 | 257000000.0000 | 137.96 | 68449800.0000 | 185.24 | 77992100.0000 | 148.48 | 67635400.0000 | 146.23 |
| 2015-12-31 | 310000000.0000 | 51.22 | 68241300.0000 | 53.80 | 81245100.0000 | 39.31 | 70939100.0000 | 39.95 |
| 2016-03-31 | 85820100.0000 | 143.72 | 22042900.0000 | 285.22 | 30156500.0000 | 173.47 | 25799000.0000 | 167.10 |
| 2015-09-30 | 170000000.0000 | -- | 34829100.0000 | -- | 43964300.0000 | -- | 38641700.0000 | -- |
| 2015-06-30 | 108000000.0000 | -- | 23997400.0000 | -- | 31388000.0000 | -- | 27468900.0000 | -- |
| 2014-12-31 | 205000000.0000 | -3.76 | 44368800.0000 | -22.14 | 58317700.0000 | -15.43 | 50688300.0000 | -14.55 |
| 2015-03-31 | 35212400.0000 | -- | 5722200.0000 | -- | 11027500.0000 | -- | 9658900.0000 | -- |
| 2013-12-31 | 213000000.0000 | 33.13 | 56983200.0000 | 70.85 | 68957800.0000 | 58.47 | 59320800.0000 | 48.91 |
| 2011-12-31 | 132000000.0000 | -- | 29999700.0000 | -- | 31889600.0000 | -- | 28585500.0000 | -- |
| 2012-12-31 | 160000000.0000 | 21.21 | 33353000.0000 | 11.18 | 43514400.0000 | 36.45 | 39835700.0000 | 39.36 |
| 2025-06-30 | 240000000.0000 | 62.16 | 48504700.0000 | 180.36 | 48477500.0000 | 167.45 | 40094800.0000 | 163.82 |
| 2025-09-30 | -- | -100.00 | 55404100.0000 | 136.81 | -- | -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 | 20.61 | 25.17 | 3.47 | 4.1500 | 0.5800 | 2.25 | 0.14 |
| 2024-06 | 6.76 | 12.25 | 2.16 | 2.4000 | 0.6300 | 1.71 | 0.18 |
| 2024-09 | 6.36 | 10.26 | 2.81 | 3.2000 | 1.0500 | 1.70 | 0.27 |
| 2024-12 | 4.55 | 7.75 | 2.98 | 4.2500 | 1.6200 | 1.89 | 0.38 |
| 2023-12 | 3.68 | 8.00 | 2.90 | 3.7000 | 1.3300 | 1.99 | 0.36 |
| 2023-09 | 6.28 | 10.85 | 2.75 | 3.3600 | 0.8600 | 1.90 | 0.25 |
| 2024-03 | 8.61 | 13.28 | 1.08 | 1.1400 | 0.3100 | 1.70 | 0.08 |
| 2023-03 | 10.44 | 18.52 | 1.32 | 1.5900 | 0.2500 | 1.74 | 0.07 |
| 2022-12 | 18.34 | 21.00 | 9.50 | 12.8400 | 1.7100 | 2.69 | 0.45 |
| 2023-06 | 8.05 | 14.40 | 2.43 | 2.6400 | 0.5700 | 1.86 | 0.17 |
| 2022-06 | 20.00 | 22.84 | 5.26 | 6.5400 | 0.8500 | 2.55 | 0.23 |
| 2022-09 | 21.30 | 23.93 | 7.97 | 9.7400 | 1.2300 | 2.59 | 0.33 |
| 2022-03 | 14.63 | 16.87 | 1.72 | 2.0700 | 0.3900 | 2.29 | 0.10 |
| 2021-12 | 13.09 | 15.17 | 8.07 | 10.0800 | 1.6900 | 3.18 | 0.53 |
| 2021-09 | 15.32 | 17.28 | 7.15 | 6.8200 | 1.2800 | 3.03 | 0.41 |
| 2020-12 | 10.47 | 15.75 | 6.02 | 9.0800 | 1.3700 | 2.30 | 0.38 |
| 2021-06 | 14.62 | 17.64 | 3.76 | 5.1000 | 0.6600 | 3.10 | 0.21 |
| 2021-03 | 12.17 | 15.36 | 1.11 | 1.4600 | 0.2100 | 2.16 | 0.07 |
| 2020-06 | 19.68 | 21.81 | 4.59 | 5.0700 | 0.8300 | 1.90 | 0.21 |
| 2020-09 | 16.40 | 18.05 | 6.04 | 5.3000 | 1.3900 | 2.24 | 0.33 |
| 2020-03 | 11.94 | 20.55 | 1.74 | 1.8800 | 0.3300 | 1.53 | 0.08 |
| 2019-12 | -35.63 | -52.81 | -19.63 | -24.3900 | 1.3500 | 1.24 | 0.37 |
| 2019-09 | -42.54 | -35.69 | -8.01 | -8.8400 | 0.9400 | 1.09 | 0.22 |
| 2019-06 | 2.17 | 9.08 | 1.17 | 1.3400 | 0.5600 | 0.96 | 0.13 |
| 2018-12 | 1.24 | 6.32 | 2.40 | 3.4700 | 1.6500 | 1.24 | 0.38 |
| 2019-03 | 1.99 | 18.31 | 1.13 | 1.3300 | 0.2600 | 0.83 | 0.06 |
| 2018-06 | 2.82 | 8.05 | 1.36 | 1.7000 | 0.7700 | 1.18 | 0.17 |
| 2018-09 | 3.01 | 6.28 | 1.53 | 1.9800 | 1.0500 | 1.15 | 0.24 |
| 2018-03 | 4.11 | 9.50 | 0.47 | 0.5200 | 0.2300 | 0.78 | 0.05 |
| 2017-06 | 22.79 | 29.11 | 8.90 | 11.0700 | 1.2600 | 1.87 | 0.31 |
| 2017-12 | 18.83 | 25.56 | 13.20 | 19.5700 | 2.4200 | 1.95 | 0.52 |
| 2017-09 | 23.02 | 28.67 | 12.28 | 16.4800 | 1.8700 | 1.72 | 0.43 |
| 2016-09 | 25.93 | 28.24 | 14.81 | 23.8300 | 2.3900 | 2.24 | 0.52 |
| 2016-12 | 22.27 | 26.55 | 17.98 | 32.0200 | 3.4400 | 3.06 | 0.68 |
| 2017-03 | 26.29 | 31.41 | 4.28 | 5.5200 | 0.5600 | 1.81 | 0.14 |
| 2016-06 | 26.46 | 30.35 | 11.25 | 17.1600 | 1.6800 | 2.30 | 0.37 |
| 2015-12 | 21.94 | 26.21 | 21.72 | 31.9700 | 2.9400 | 2.45 | 0.83 |
| 2016-03 | 25.68 | 35.14 | 4.93 | 9.5900 | 0.5500 | 1.91 | 0.14 |
| 2015-09 | 20.59 | 25.86 | 15.81 | 18.7500 | 1.8400 | 2.18 | 0.61 |
| 2015-06 | 22.48 | 29.06 | -- | 13.6400 | -- | -- | -- |
| 2014-12 | 21.95 | 28.45 | 23.52 | 30.4800 | 2.5800 | 3.73 | 0.83 |
| 2015-03 | 16.25 | 31.32 | -- | 4.9500 | -- | -- | -- |
| 2013-12 | 26.76 | 32.37 | 36.49 | 50.4100 | 2.8300 | 7.15 | 1.13 |
| 2011-12 | 22.73 | 24.16 | 36.58 | 58.9200 | 2.3100 | 8.46 | 1.51 |
| 2012-12 | 20.63 | 27.20 | 32.72 | 51.9200 | 2.4600 | 7.26 | 1.20 |
| 2025-06 | 16.25 | 20.20 | 5.20 | 6.0300 | 1.0400 | 2.05 | 0.26 |
| 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 | 27.29 | 72.81 | 3.2500 | 2.6200 |
| 2024-06 | 24.08 | 75.92 | 3.6700 | 2.7600 |
| 2024-09 | 25.41 | 74.71 | 3.4300 | 2.6700 |
| 2024-12 | 27.54 | 72.46 | 3.2200 | 2.5800 |
| 2023-12 | 26.22 | 73.78 | 3.4300 | 2.6700 |
| 2023-09 | 25.03 | 74.97 | 3.6000 | 2.6500 |
| 2024-03 | 23.62 | 76.27 | 3.8000 | 2.9100 |
| 2023-03 | 26.58 | 73.42 | 3.2800 | 2.5400 |
| 2022-12 | 30.57 | 69.43 | 2.8500 | 2.2700 |
| 2023-06 | 26.16 | 73.73 | 3.4900 | 2.5900 |
| 2022-06 | 33.51 | 66.39 | 2.6000 | 2.0800 |
| 2022-09 | 32.37 | 67.63 | 2.6800 | 2.1000 |
| 2022-03 | 30.33 | 69.67 | 2.8800 | 2.3000 |
| 2021-12 | 33.33 | 66.67 | 2.6200 | 2.1300 |
| 2021-09 | 32.26 | 67.74 | 2.7800 | 2.2000 |
| 2020-12 | 41.41 | 58.59 | 2.1300 | 1.4700 |
| 2021-06 | 47.55 | 52.36 | 1.9100 | 1.2500 |
| 2021-03 | 47.57 | 52.43 | 1.9200 | 1.2900 |
| 2020-06 | 33.67 | 66.33 | 2.5400 | 1.8800 |
| 2020-09 | 35.90 | 64.10 | 2.4200 | 1.7800 |
| 2020-03 | 33.92 | 66.08 | 2.5800 | 1.9700 |
| 2019-12 | 36.00 | 64.00 | 2.4200 | 1.8400 |
| 2019-09 | 38.48 | 61.52 | 2.3300 | 1.4800 |
| 2019-06 | 33.52 | 66.48 | 2.5300 | 1.8200 |
| 2018-12 | 33.43 | 66.57 | 2.5200 | 2.0300 |
| 2019-03 | 29.07 | 70.93 | 2.8700 | 2.3000 |
| 2018-06 | 33.46 | 66.54 | 2.5600 | 2.0600 |
| 2018-09 | 36.24 | 63.76 | 2.3700 | 1.8700 |
| 2018-03 | 35.80 | 64.20 | 2.4300 | 1.9500 |
| 2017-06 | 32.54 | 67.46 | 2.6700 | 2.2300 |
| 2017-12 | 37.02 | 63.07 | 2.3800 | 1.9600 |
| 2017-09 | 33.66 | 66.25 | 2.6000 | 2.1800 |
| 2016-09 | 31.92 | 67.96 | 3.0000 | 2.4600 |
| 2016-12 | 39.16 | 60.94 | 2.4200 | 2.0400 |
| 2017-03 | 34.55 | 65.45 | 2.7400 | 2.3500 |
| 2016-06 | 24.68 | 75.32 | 3.8700 | 3.3000 |
| 2015-12 | 31.55 | 68.45 | 2.9500 | 2.3400 |
| 2016-03 | 18.95 | 81.05 | 5.0300 | 4.1800 |
| 2015-09 | 19.48 | 80.58 | 4.8000 | 3.8300 |
| 2015-06 | -- | -- | -- | -- |
| 2014-12 | 23.44 | 76.61 | 4.1500 | 3.4000 |
| 2015-03 | -- | -- | -- | -- |
| 2013-12 | 23.03 | 76.72 | 4.2600 | 3.3300 |
| 2011-12 | 31.39 | 68.61 | 3.1100 | 1.9000 |
| 2012-12 | 32.22 | 68.15 | 3.0300 | 2.1900 |
| 2025-06 | 28.19 | 71.81 | 3.0500 | 2.3900 |
| 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 | 104000000.0000 | 7566700.0000 | 6774600.0000 | -2221900.0000 |
| 2024-06 | 138000000.0000 | 19111100.0000 | 12912000.0000 | 715400.0000 |
| 2024-09 | 221000000.0000 | 31429500.0000 | 19464400.0000 | -950200.0000 |
| 2024-12 | 336000000.0000 | 40737500.0000 | 29502900.0000 | 1437000.0000 |
| 2023-12 | 314000000.0000 | 42111900.0000 | 27991200.0000 | 1090300.0000 |
| 2023-09 | 209000000.0000 | 25890400.0000 | 20382800.0000 | -1577500.0000 |
| 2024-03 | 64241000.0000 | 7734100.0000 | 6776800.0000 | -892200.0000 |
| 2023-03 | 60977200.0000 | 6185100.0000 | 6098900.0000 | -388400.0000 |
| 2022-12 | 365000000.0000 | 40261300.0000 | 25559100.0000 | 226500.0000 |
| 2023-06 | 137000000.0000 | 14717300.0000 | 12901100.0000 | 270800.0000 |
| 2022-06 | 176000000.0000 | 13263900.0000 | 10053400.0000 | -363100.0000 |
| 2022-09 | 255000000.0000 | 21702800.0000 | 17069700.0000 | -712800.0000 |
| 2022-03 | 82180100.0000 | 5816200.0000 | 4606000.0000 | -78400.0000 |
| 2021-12 | 445000000.0000 | 34097000.0000 | 26194700.0000 | 1281900.0000 |
| 2021-09 | 326000000.0000 | 17995100.0000 | 18009100.0000 | -727300.0000 |
| 2020-12 | 359000000.0000 | 33472100.0000 | 25073400.0000 | 231200.0000 |
| 2021-06 | 216000000.0000 | 9842100.0000 | 12960800.0000 | -288300.0000 |
| 2021-03 | 75790800.0000 | 4878600.0000 | 6017100.0000 | -794400.0000 |
| 2020-06 | 151000000.0000 | 12188900.0000 | 13261100.0000 | -128200.0000 |
| 2020-09 | 265000000.0000 | 20114600.0000 | 18694500.0000 | -1127900.0000 |
| 2020-03 | 63694700.0000 | 4771700.0000 | 6276100.0000 | -308200.0000 |
| 2019-12 | 434000000.0000 | 44327400.0000 | 32953800.0000 | -741500.0000 |
| 2019-09 | 325000000.0000 | 25382300.0000 | 24675700.0000 | -1158300.0000 |
| 2019-06 | 135000000.0000 | 15717700.0000 | 14788100.0000 | -740700.0000 |
| 2018-12 | 397000000.0000 | 48582500.0000 | 27110700.0000 | 3733500.0000 |
| 2019-03 | 60353400.0000 | 6102500.0000 | 6396300.0000 | 138000.0000 |
| 2018-06 | 172000000.0000 | 22213400.0000 | 11060100.0000 | 1189900.0000 |
| 2018-09 | 258000000.0000 | 33234500.0000 | 18321000.0000 | 2299900.0000 |
| 2018-03 | 52965000.0000 | 7128000.0000 | 5039900.0000 | 352800.0000 |
| 2017-06 | 227000000.0000 | 20739700.0000 | 32806300.0000 | -1395500.0000 |
| 2017-12 | 470000000.0000 | 46258700.0000 | 20179800.0000 | 59000.0000 |
| 2017-09 | 341000000.0000 | 31601600.0000 | 13848900.0000 | -1719000.0000 |
| 2016-09 | 320000000.0000 | 26113600.0000 | 39393300.0000 | -326200.0000 |
| 2016-12 | 527000000.0000 | 48910600.0000 | 66752600.0000 | -667600.0000 |
| 2017-03 | 98776500.0000 | 8673300.0000 | 10516400.0000 | 320400.0000 |
| 2016-06 | 189000000.0000 | 15405600.0000 | 28125700.0000 | -137500.0000 |
| 2015-12 | 242000000.0000 | 22569800.0000 | 44256100.0000 | -669600.0000 |
| 2016-03 | 63777300.0000 | 5056900.0000 | 14240300.0000 | -86100.0000 |
| 2015-09 | 135000000.0000 | 15629500.0000 | 30071600.0000 | -532700.0000 |
| 2015-06 | 83725300.0000 | 9834100.0000 | 19393900.0000 | -349100.0000 |
| 2014-12 | 160000000.0000 | 18325600.0000 | 31299700.0000 | -719800.0000 |
| 2015-03 | 29490200.0000 | 3902400.0000 | 7135200.0000 | -58600.0000 |
| 2013-12 | 156000000.0000 | 19608300.0000 | 29779800.0000 | -84900.0000 |
| 2011-12 | 102000000.0000 | 10651300.0000 | 15071000.0000 | -22000.0000 |
| 2012-12 | 127000000.0000 | 17070400.0000 | 25271000.0000 | -38300.0000 |
| 2025-06 | 201000000.0000 | 20570500.0000 | 13220700.0000 | 612000.0000 |
| 2025-09 | 301000000.0000 | 31564400.0000 | -- | -- |