中商官网
研究报告
幸福蓝海（300528）
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 | 332000000.0000 | 40.08 | 73613000.0000 | 528.56 | 72792400.0000 | 524.87 | 72584600.0000 | 611.79 |
| 2024-06-30 | 373000000.0000 | -18.56 | -27600400.0000 | -828.49 | -27479400.0000 | -637.50 | -29267300.0000 | -608.53 |
| 2024-09-30 | 542000000.0000 | -33.42 | -68019800.0000 | -275.89 | -67764800.0000 | -269.17 | -70082600.0000 | -272.20 |
| 2024-12-31 | 654000000.0000 | -40.55 | -194000000.0000 | 631.62 | -187000000.0000 | 606.75 | -194000000.0000 | 831.56 |
| 2023-09-30 | 814000000.0000 | 54.17 | 38670800.0000 | -119.53 | 40056600.0000 | -119.17 | 40697600.0000 | -119.11 |
| 2024-03-31 | 237000000.0000 | -13.19 | 11711300.0000 | -5.72 | 11649300.0000 | -6.20 | 10197500.0000 | -17.89 |
| 2023-12-31 | 1100000000.0000 | 74.60 | -26516500.0000 | -92.18 | -26459000.0000 | -92.17 | -20825300.0000 | -93.89 |
| 2023-06-30 | 458000000.0000 | 62.41 | 3788700.0000 | -103.08 | 5112400.0000 | -103.87 | 5755300.0000 | -104.23 |
| 2023-03-31 | 273000000.0000 | 26.98 | 12421600.0000 | -132.84 | 12418900.0000 | -130.57 | 12418900.0000 | -130.57 |
| 2022-09-30 | 528000000.0000 | -4.86 | -198000000.0000 | 75.22 | -209000000.0000 | 68.55 | -213000000.0000 | 73.17 |
| 2022-12-31 | 630000000.0000 | -33.26 | -339000000.0000 | 149.26 | -338000000.0000 | 150.37 | -341000000.0000 | 152.59 |
| 2022-06-30 | 282000000.0000 | -36.49 | -123000000.0000 | 222.77 | -132000000.0000 | 207.86 | -136000000.0000 | 222.93 |
| 2021-12-31 | 944000000.0000 | 68.87 | -136000000.0000 | -57.23 | -135000000.0000 | -59.94 | -135000000.0000 | -59.46 |
| 2021-09-30 | 555000000.0000 | 155.76 | -113000000.0000 | -60.63 | -124000000.0000 | -58.11 | -123000000.0000 | -57.88 |
| 2022-03-31 | 215000000.0000 | -15.35 | -37823400.0000 | 844.10 | -40626300.0000 | 587.39 | -40623900.0000 | 572.53 |
| 2020-12-31 | 559000000.0000 | -73.62 | -318000000.0000 | -350.39 | -337000000.0000 | -359.23 | -333000000.0000 | -358.14 |
| 2021-06-30 | 444000000.0000 | 388.37 | -38107500.0000 | -83.50 | -42876700.0000 | -82.06 | -42114300.0000 | -82.15 |
| 2021-03-31 | 254000000.0000 | 529.87 | -4006300.0000 | -96.26 | -5910200.0000 | -94.53 | -6040500.0000 | -94.41 |
| 2020-06-30 | 90915000.0000 | -90.71 | -231000000.0000 | -5637.18 | -239000000.0000 | -30831.64 | -236000000.0000 | -211002.59 |
| 2020-09-30 | 217000000.0000 | -84.51 | -287000000.0000 | 497.70 | -296000000.0000 | 472.62 | -292000000.0000 | 449.87 |
| 2020-03-31 | 40326000.0000 | -93.39 | -107000000.0000 | -857.52 | -108000000.0000 | -966.54 | -108000000.0000 | -1032.01 |
| 2019-12-31 | 2119000000.0000 | 33.61 | 127000000.0000 | 65.44 | 130000000.0000 | 63.98 | 129000000.0000 | 66.53 |
| 2019-09-30 | 1401000000.0000 | 2.64 | -48017100.0000 | -142.49 | -51692100.0000 | -144.95 | -53103400.0000 | -147.84 |
| 2019-03-31 | 610000000.0000 | 24.24 | 14125000.0000 | -71.51 | 12463300.0000 | -75.18 | 11587900.0000 | -75.75 |
| 2019-06-30 | 979000000.0000 | 1.98 | 4171800.0000 | -95.57 | 777700.0000 | -99.19 | 111900.0000 | -99.88 |
| 2018-12-31 | 1586000000.0000 | 5.03 | 76766500.0000 | -135.21 | 79276000.0000 | -137.04 | 77464100.0000 | -135.70 |
| 2018-06-30 | 960000000.0000 | 31.87 | 94192300.0000 | 38.46 | 95786000.0000 | 40.62 | 93035800.0000 | 40.21 |
| 2018-09-30 | 1365000000.0000 | 25.57 | 113000000.0000 | 57.69 | 115000000.0000 | 59.38 | 111000000.0000 | 58.26 |
| 2018-03-31 | 491000000.0000 | 41.09 | 49580500.0000 | 135.44 | 50205100.0000 | 103.89 | 47777100.0000 | 103.25 |
| 2017-12-31 | 1510000000.0000 | -1.82 | -218000000.0000 | -363.90 | -214000000.0000 | -273.98 | -217000000.0000 | -283.90 |
| 2017-09-30 | 1087000000.0000 | 10.13 | 71659700.0000 | 21.18 | 72155000.0000 | -11.13 | 70139200.0000 | -8.96 |
| 2017-06-30 | 728000000.0000 | 6.90 | 68030500.0000 | 0.47 | 68118000.0000 | -4.48 | 66353400.0000 | -3.56 |
| 2016-12-31 | 1538000000.0000 | 7.03 | 82607200.0000 | -20.57 | 123000000.0000 | 0.82 | 118000000.0000 | 3.51 |
| 2017-03-31 | 348000000.0000 | -4.13 | 21058500.0000 | 18.30 | 24623700.0000 | 20.61 | 23507000.0000 | 28.27 |
| 2016-09-30 | 987000000.0000 | -1.30 | 59133200.0000 | -17.85 | 81193600.0000 | 7.37 | 77039000.0000 | 11.67 |
| 2016-06-30 | 681000000.0000 | 12.01 | 67711500.0000 | 8.32 | 71311500.0000 | 9.82 | 68805800.0000 | 12.00 |
| 2016-03-31 | 363000000.0000 | 30.11 | 17801400.0000 | -43.80 | 20416600.0000 | -39.63 | 18326400.0000 | -41.54 |
| 2015-09-30 | 1000000000.0000 | -- | 71981000.0000 | -- | 75617700.0000 | -- | 68989200.0000 | -- |
| 2015-06-30 | 608000000.0000 | -- | 62509600.0000 | -- | 64933100.0000 | -- | 61432400.0000 | -- |
| 2015-12-31 | 1437000000.0000 | 66.32 | 104000000.0000 | 66.92 | 122000000.0000 | 38.67 | 114000000.0000 | 35.82 |
| 2014-12-31 | 864000000.0000 | 14.89 | 62306800.0000 | -44.86 | 87977300.0000 | -24.81 | 83932500.0000 | -26.38 |
| 2015-03-31 | 279000000.0000 | -- | 31675800.0000 | -- | 33820500.0000 | -- | 31347000.0000 | -- |
| 2012-12-31 | 658000000.0000 | 91.28 | 97121500.0000 | 19.56 | 104000000.0000 | 23.57 | 103000000.0000 | 26.59 |
| 2013-12-31 | 752000000.0000 | 14.29 | 113000000.0000 | 16.35 | 117000000.0000 | 12.50 | 114000000.0000 | 10.68 |
| 2011-12-31 | 344000000.0000 | -- | 81234300.0000 | -- | 84164400.0000 | -- | 81362700.0000 | -- |
| 2025-06-30 | 413000000.0000 | 10.72 | 10427800.0000 | -137.78 | 9728300.0000 | -135.40 | -- | -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 | 21.08 | 21.93 | 3.35 | 12.4200 | 0.7900 | 10.63 | 0.15 |
| 2024-06 | -11.26 | -7.37 | -1.18 | -4.1900 | 1.7500 | 4.89 | 0.16 |
| 2024-09 | -16.05 | -12.50 | -3.01 | -10.1600 | 2.3800 | 5.00 | 0.24 |
| 2024-12 | -36.09 | -28.59 | -8.77 | -30.6000 | 2.9400 | 4.82 | 0.31 |
| 2023-09 | 2.46 | 4.92 | 1.49 | 7.7400 | 1.9200 | 6.27 | 0.30 |
| 2024-03 | 1.27 | 4.92 | 0.47 | 1.2200 | 1.0000 | 5.96 | 0.10 |
| 2023-12 | -5.00 | -2.41 | -1.05 | -3.0000 | 3.8400 | 6.31 | 0.44 |
| 2023-06 | -1.97 | 1.12 | 0.19 | -5.5000 | 0.5100 | 4.94 | 0.17 |
| 2023-03 | 1.47 | 4.55 | 0.46 | 1.3200 | 0.3500 | 6.49 | 0.10 |
| 2022-09 | -41.67 | -39.58 | -7.09 | -42.4700 | 0.8000 | 3.22 | 0.18 |
| 2022-12 | -58.57 | -53.65 | -12.13 | -36.6400 | 2.2600 | 3.10 | 0.23 |
| 2022-06 | -48.58 | -46.81 | -4.37 | -24.9800 | 0.3000 | 2.93 | 0.09 |
| 2021-12 | -18.96 | -14.30 | -4.30 | -9.5200 | 1.9900 | 3.14 | 0.30 |
| 2021-09 | -26.85 | -22.34 | -3.77 | -16.3100 | 0.4400 | 2.52 | 0.17 |
| 2022-03 | -21.86 | -18.90 | -1.30 | -6.7900 | 0.2400 | 4.48 | 0.07 |
| 2020-12 | -62.08 | -60.29 | -14.59 | -33.2200 | 1.3200 | 1.43 | 0.24 |
| 2021-06 | -15.54 | -9.66 | -1.24 | -5.0700 | 0.3500 | 2.84 | 0.13 |
| 2021-03 | -2.76 | -2.33 | -0.16 | -0.4300 | 0.1900 | 2.92 | 0.07 |
| 2020-06 | -256.38 | -262.88 | -10.39 | -17.9000 | 0.0800 | 0.61 | 0.04 |
| 2020-09 | -134.56 | -136.41 | -12.45 | -22.4000 | 0.2200 | 0.87 | 0.09 |
| 2020-03 | -267.01 | -267.82 | -4.44 | -7.7600 | 0.0300 | 0.49 | 0.02 |
| 2019-12 | 3.63 | 6.13 | 5.37 | 0.4800 | 3.2100 | 5.23 | 0.88 |
| 2019-09 | -4.78 | -3.69 | -2.15 | -2.6500 | 2.3400 | 10.28 | 0.58 |
| 2019-03 | 1.80 | 2.04 | 0.52 | 0.9700 | 1.0200 | 7.25 | 0.26 |
| 2019-06 | -0.61 | 0.08 | 0.03 | 0.3700 | 1.6500 | 7.92 | 0.41 |
| 2018-12 | 1.95 | 5.00 | 3.79 | -32.5100 | 4.5200 | -- | 0.76 |
| 2018-06 | 6.88 | 9.98 | 2.90 | 4.3900 | 2.8200 | 4.36 | 0.29 |
| 2018-09 | 5.35 | 8.42 | 3.56 | 5.2800 | 2.7000 | 4.77 | 0.42 |
| 2018-03 | 7.54 | 10.23 | 1.52 | 2.3100 | 1.7000 | 4.40 | 0.15 |
| 2017-12 | -17.09 | -14.17 | -10.06 | 5.9600 | 6.5400 | 4.92 | 0.71 |
| 2017-09 | 5.70 | 6.64 | 3.10 | 3.6700 | 4.1200 | 5.02 | 0.47 |
| 2017-06 | 8.52 | 9.36 | 2.89 | 3.4900 | 2.6300 | 4.63 | 0.31 |
| 2016-12 | 5.14 | 8.00 | 5.18 | 7.5400 | 4.1500 | 4.33 | 0.65 |
| 2017-03 | 5.75 | 7.08 | 1.03 | 1.2000 | 1.1200 | 4.69 | 0.15 |
| 2016-09 | 5.88 | 8.23 | 3.46 | 5.3300 | 1.7900 | 4.29 | 0.42 |
| 2016-06 | 9.84 | 10.47 | 3.77 | 5.0300 | 1.1100 | 4.25 | 0.36 |
| 2016-03 | 4.96 | 5.62 | 1.13 | 1.2700 | 0.6800 | 4.17 | 0.20 |
| 2015-09 | 6.60 | 7.56 | 4.39 | 5.1900 | 1.7000 | 4.07 | 0.58 |
| 2015-06 | 9.70 | 10.68 | -- | 4.7600 | -- | -- | -- |
| 2015-12 | 6.68 | 8.49 | 6.71 | 8.6900 | 2.5700 | 4.03 | 0.79 |
| 2014-12 | 6.60 | 10.18 | 5.44 | 7.2100 | 1.2100 | 2.25 | 0.53 |
| 2015-03 | 10.75 | 12.12 | -- | 2.4600 | -- | -- | -- |
| 2012-12 | 13.68 | 15.81 | 8.78 | 11.1100 | 2.0000 | 4.11 | 0.56 |
| 2013-12 | 14.36 | 15.56 | 7.83 | 11.0000 | 1.3500 | 2.20 | 0.50 |
| 2011-12 | 21.51 | 24.47 | 8.21 | 33.9500 | 1.0800 | 4.84 | 0.34 |
| 2025-06 | -0.73 | 2.36 | -- | -- | -- | -- | -- |
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 | 72.22 | 27.78 | 1.6400 | 0.9800 |
| 2024-06 | 69.88 | 30.12 | 1.7100 | 1.1000 |
| 2024-09 | 70.71 | 29.34 | 1.6900 | 0.9200 |
| 2024-12 | 75.11 | 24.94 | 1.4300 | 0.8100 |
| 2023-09 | 70.55 | 29.49 | 1.6900 | 0.9800 |
| 2024-03 | 70.19 | 29.81 | 1.6400 | 1.1600 |
| 2023-12 | 71.07 | 28.93 | 1.5900 | 1.1000 |
| 2023-06 | 95.94 | 4.06 | 0.8100 | 0.4200 |
| 2023-03 | 95.30 | 4.66 | 0.8100 | 0.4000 |
| 2022-09 | 90.26 | 9.74 | 0.8900 | 0.4700 |
| 2022-12 | 73.02 | 26.98 | 1.5500 | 0.8400 |
| 2022-06 | 87.91 | 12.06 | 0.9400 | 0.5100 |
| 2021-12 | 65.19 | 34.81 | 1.8200 | 1.0700 |
| 2021-09 | 82.99 | 17.01 | 1.1300 | 0.5400 |
| 2022-03 | 85.23 | 14.77 | 0.9900 | 0.5400 |
| 2020-12 | 37.01 | 62.99 | 2.1600 | 1.3100 |
| 2021-06 | 81.41 | 18.59 | 1.1700 | 0.6400 |
| 2021-03 | 81.48 | 18.52 | 1.1800 | 0.7300 |
| 2020-06 | 52.63 | 47.37 | 1.4600 | 0.6600 |
| 2020-09 | 56.54 | 43.46 | 1.3600 | 0.6200 |
| 2020-03 | 49.92 | 50.08 | 1.5200 | 0.7100 |
| 2019-12 | 26.07 | 73.93 | 2.9300 | 1.5800 |
| 2019-09 | 46.00 | 54.00 | 1.6100 | 0.6600 |
| 2019-03 | 42.69 | 57.31 | 1.6700 | 0.7500 |
| 2019-06 | 43.91 | 56.09 | 1.6700 | 0.7400 |
| 2018-12 | 20.76 | 79.29 | 3.2500 | 1.3400 |
| 2018-06 | 37.65 | 62.35 | 1.7100 | 1.0700 |
| 2018-09 | 35.56 | 64.44 | 1.8100 | 0.8400 |
| 2018-03 | 37.96 | 62.04 | 1.6900 | 1.0200 |
| 2017-12 | 24.12 | 75.93 | 2.8300 | 2.0900 |
| 2017-09 | 18.23 | 81.77 | 3.9100 | 2.4600 |
| 2017-06 | 19.49 | 80.51 | 3.6500 | 2.0700 |
| 2016-12 | 21.46 | 78.54 | 3.3400 | 2.6600 |
| 2017-03 | 20.83 | 79.17 | 3.4600 | 1.8900 |
| 2016-09 | 22.26 | 77.69 | 3.3400 | 2.3600 |
| 2016-06 | 27.58 | 72.42 | 2.5100 | 1.4600 |
| 2016-03 | 26.98 | 73.02 | 2.6900 | 1.6000 |
| 2015-09 | 26.99 | 73.01 | 2.7000 | 1.5500 |
| 2015-06 | -- | -- | -- | -- |
| 2015-12 | 28.23 | 71.77 | 2.5300 | 1.5400 |
| 2014-12 | 26.16 | 73.84 | 2.7700 | 1.3900 |
| 2015-03 | -- | -- | -- | -- |
| 2012-12 | 16.71 | 83.29 | 4.4900 | 2.7700 |
| 2013-12 | 26.24 | 73.76 | 2.9100 | 1.5000 |
| 2011-12 | 13.66 | 86.24 | 5.7200 | 4.0400 |
| 2025-06 | -- | -- | -- | -- |
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 | 262000000.0000 | 682700.0000 | 32194300.0000 | 9967000.0000 |
| 2024-06 | 415000000.0000 | 2398900.0000 | 55235700.0000 | 23198300.0000 |
| 2024-09 | 629000000.0000 | 5973400.0000 | 85747200.0000 | 25530400.0000 |
| 2024-12 | 890000000.0000 | 5025900.0000 | 135000000.0000 | 44246200.0000 |
| 2023-09 | 794000000.0000 | 13468600.0000 | 85714300.0000 | 37316100.0000 |
| 2024-03 | 234000000.0000 | 764900.0000 | 26451500.0000 | 8363800.0000 |
| 2023-12 | 1155000000.0000 | 3609300.0000 | 135000000.0000 | 49105300.0000 |
| 2023-06 | 467000000.0000 | 3670900.0000 | 56924900.0000 | 26522800.0000 |
| 2023-03 | 269000000.0000 | 3383500.0000 | 27171800.0000 | 12872900.0000 |
| 2022-09 | 748000000.0000 | 325000000.0000 | 83927900.0000 | 59863600.0000 |
| 2022-12 | 999000000.0000 | 17933000.0000 | 127000000.0000 | 55412600.0000 |
| 2022-06 | 419000000.0000 | 205000000.0000 | 55429200.0000 | 41187300.0000 |
| 2021-12 | 1123000000.0000 | 68588100.0000 | 130000000.0000 | 80718000.0000 |
| 2021-09 | 704000000.0000 | 328000000.0000 | 84530100.0000 | 63044100.0000 |
| 2022-03 | 262000000.0000 | 115000000.0000 | 29148000.0000 | 21282100.0000 |
| 2020-12 | 906000000.0000 | 96544500.0000 | 115000000.0000 | 32890200.0000 |
| 2021-06 | 513000000.0000 | 228000000.0000 | 56559500.0000 | 43872100.0000 |
| 2021-03 | 261000000.0000 | 112000000.0000 | 28333700.0000 | 20951900.0000 |
| 2020-06 | 324000000.0000 | 200000000.0000 | 49093900.0000 | 17698400.0000 |
| 2020-09 | 509000000.0000 | 278000000.0000 | 73616600.0000 | 26356100.0000 |
| 2020-03 | 148000000.0000 | 97981300.0000 | 24897600.0000 | 8563900.0000 |
| 2019-12 | 2042000000.0000 | 630000000.0000 | 134000000.0000 | 37194800.0000 |
| 2019-09 | 1468000000.0000 | 402000000.0000 | 91530600.0000 | 24534700.0000 |
| 2019-03 | 599000000.0000 | 159000000.0000 | 31057000.0000 | 7079600.0000 |
| 2019-06 | 985000000.0000 | 278000000.0000 | 61551400.0000 | 15704500.0000 |
| 2018-12 | 1555000000.0000 | 466000000.0000 | 124000000.0000 | 40326100.0000 |
| 2018-06 | 894000000.0000 | 229000000.0000 | 57113900.0000 | 20230400.0000 |
| 2018-09 | 1292000000.0000 | 348000000.0000 | 85571100.0000 | 24086100.0000 |
| 2018-03 | 454000000.0000 | 120000000.0000 | 28941500.0000 | 8811500.0000 |
| 2017-12 | 1768000000.0000 | 446000000.0000 | 112000000.0000 | 3073700.0000 |
| 2017-09 | 1025000000.0000 | 329000000.0000 | 71446000.0000 | -14812200.0000 |
| 2017-06 | 666000000.0000 | 219000000.0000 | 47995000.0000 | -9633700.0000 |
| 2016-12 | 1459000000.0000 | 384000000.0000 | 109000000.0000 | 1149000.0000 |
| 2017-03 | 328000000.0000 | 105000000.0000 | 22835600.0000 | -4559900.0000 |
| 2016-09 | 929000000.0000 | 276000000.0000 | 69389700.0000 | -1194700.0000 |
| 2016-06 | 614000000.0000 | 180000000.0000 | 43181300.0000 | 1150700.0000 |
| 2016-03 | 345000000.0000 | 91179500.0000 | 21233600.0000 | -226400.0000 |
| 2015-09 | 934000000.0000 | 221000000.0000 | 57435700.0000 | 940800.0000 |
| 2015-06 | 549000000.0000 | 130000000.0000 | 36798500.0000 | 1255600.0000 |
| 2015-12 | 1341000000.0000 | 315000000.0000 | 96012300.0000 | 2653900.0000 |
| 2014-12 | 807000000.0000 | 219000000.0000 | 91245600.0000 | 4985800.0000 |
| 2015-03 | 249000000.0000 | 62259800.0000 | 16983500.0000 | 1119400.0000 |
| 2012-12 | 568000000.0000 | 104000000.0000 | 67861300.0000 | -6167600.0000 |
| 2013-12 | 644000000.0000 | 153000000.0000 | 76494100.0000 | 490200.0000 |
| 2011-12 | 270000000.0000 | 40185900.0000 | 39609100.0000 | 10223800.0000 |
| 2025-06 | 416000000.0000 | 1674100.0000 | 67639000.0000 | 18892700.0000 |