中商官网
研究报告
美联新材（300586）
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 （%) |
| 2024-12-31 | 1730000000.0000 | -7.54 | 45937600.0000 | -75.03 | 45255800.0000 | -74.86 | 38560400.0000 | -76.77 |
| 2025-03-31 | 448000000.0000 | 6.67 | 7061700.0000 | -82.55 | 6578100.0000 | -83.63 | 9248400.0000 | -75.35 |
| 2024-06-30 | 851000000.0000 | -12.09 | 55060400.0000 | -63.29 | 47372800.0000 | -68.21 | 47782100.0000 | -64.34 |
| 2024-09-30 | 1269000000.0000 | -9.10 | 50552600.0000 | -68.21 | 41516100.0000 | -73.72 | 46761700.0000 | -67.75 |
| 2024-03-31 | 420000000.0000 | -19.85 | 40472200.0000 | -56.53 | 40184000.0000 | -56.84 | 37511700.0000 | -54.76 |
| 2023-12-31 | 1871000000.0000 | -22.01 | 184000000.0000 | -67.43 | 180000000.0000 | -67.97 | 166000000.0000 | -66.87 |
| 2023-09-30 | 1396000000.0000 | -21.48 | 159000000.0000 | -64.43 | 158000000.0000 | -64.65 | 145000000.0000 | -63.10 |
| 2023-06-30 | 968000000.0000 | -22.62 | 150000000.0000 | -56.90 | 149000000.0000 | -57.18 | 134000000.0000 | -55.92 |
| 2023-03-31 | 524000000.0000 | -14.10 | 93103300.0000 | -44.58 | 93103600.0000 | -44.58 | 82919300.0000 | -43.21 |
| 2022-12-31 | 2399000000.0000 | 27.54 | 565000000.0000 | 366.94 | 562000000.0000 | 384.48 | 501000000.0000 | 377.14 |
| 2022-03-31 | 610000000.0000 | 35.86 | 168000000.0000 | 661.62 | 168000000.0000 | 657.57 | 146000000.0000 | 624.11 |
| 2022-09-30 | 1778000000.0000 | 44.44 | 447000000.0000 | 5227.52 | 447000000.0000 | 5054.76 | 393000000.0000 | 3838.67 |
| 2022-06-30 | 1251000000.0000 | 50.18 | 348000000.0000 | 1387.99 | 348000000.0000 | 1380.11 | 304000000.0000 | 1276.31 |
| 2021-12-31 | 1881000000.0000 | 23.99 | 121000000.0000 | 219.66 | 116000000.0000 | 213.82 | 105000000.0000 | 239.35 |
| 2021-06-30 | 833000000.0000 | 10.92 | 23387300.0000 | -62.70 | 23511700.0000 | -63.18 | 22088100.0000 | -60.30 |
| 2021-09-30 | 1231000000.0000 | 11.40 | 8390400.0000 | -87.79 | 8671600.0000 | -87.71 | 9978000.0000 | -83.90 |
| 2020-09-30 | 1105000000.0000 | 25.14 | 68725900.0000 | -33.28 | 70532000.0000 | -32.83 | 61985700.0000 | -39.23 |
| 2021-03-31 | 449000000.0000 | 23.35 | 22058100.0000 | 13.22 | 22176300.0000 | 11.68 | 20162600.0000 | 18.13 |
| 2020-12-31 | 1517000000.0000 | 20.40 | 37852900.0000 | -64.29 | 36963400.0000 | -65.45 | 30941800.0000 | -69.36 |
| 2020-06-30 | 751000000.0000 | 41.43 | 62705700.0000 | -18.10 | 63859500.0000 | -17.66 | 55631000.0000 | -23.13 |
| 2020-03-31 | 364000000.0000 | 160.00 | 19483200.0000 | -46.31 | 19856800.0000 | -45.47 | 17067700.0000 | -51.73 |
| 2019-12-31 | 1260000000.0000 | 115.75 | 106000000.0000 | 50.55 | 107000000.0000 | 51.65 | 101000000.0000 | 59.57 |
| 2019-06-30 | 531000000.0000 | 107.42 | 76562300.0000 | 151.29 | 77557100.0000 | 141.53 | 72369900.0000 | 160.52 |
| 2019-09-30 | 883000000.0000 | 118.02 | 103000000.0000 | 120.60 | 105000000.0000 | 116.94 | 102000000.0000 | 139.02 |
| 2019-03-31 | 140000000.0000 | 18.64 | 36291000.0000 | 168.98 | 36417300.0000 | 169.84 | 35359400.0000 | 200.69 |
| 2018-09-30 | 405000000.0000 | 30.23 | 46691800.0000 | 2.49 | 48399400.0000 | 3.56 | 42674400.0000 | 2.05 |
| 2018-12-31 | 584000000.0000 | 25.86 | 70407300.0000 | 13.99 | 70559100.0000 | 12.18 | 63295900.0000 | 15.99 |
| 2017-12-31 | 464000000.0000 | 11.00 | 61768200.0000 | 18.56 | 62900200.0000 | 15.19 | 54569200.0000 | 15.33 |
| 2018-06-30 | 256000000.0000 | 33.33 | 30467500.0000 | 9.69 | 32110500.0000 | 7.61 | 27779500.0000 | 6.77 |
| 2018-03-31 | 118000000.0000 | 39.02 | 13492200.0000 | 46.39 | 13495800.0000 | 27.74 | 11759600.0000 | 25.92 |
| 2017-03-31 | 84878900.0000 | 8.78 | 9216500.0000 | -7.38 | 10564700.0000 | 0.60 | 9339100.0000 | 2.52 |
| 2017-09-30 | 311000000.0000 | 3.32 | 45556400.0000 | 7.34 | 46737000.0000 | 5.01 | 41818400.0000 | 8.59 |
| 2017-06-30 | 192000000.0000 | 1.59 | 27774900.0000 | 5.14 | 29840000.0000 | 6.42 | 26017900.0000 | 7.27 |
| 2016-09-30 | 301000000.0000 | 17.58 | 42439400.0000 | 30.08 | 44508100.0000 | 28.66 | 38510500.0000 | 28.62 |
| 2016-12-31 | 418000000.0000 | 20.46 | 52098100.0000 | 16.45 | 54607800.0000 | 15.02 | 47316700.0000 | 14.93 |
| 2016-06-30 | 189000000.0000 | -- | 26417600.0000 | -- | 28040900.0000 | -- | 24254800.0000 | -- |
| 2015-12-31 | 347000000.0000 | 6.77 | 44738200.0000 | 6.57 | 47475900.0000 | 8.32 | 41168300.0000 | 8.09 |
| 2016-03-31 | 78025400.0000 | -- | 9951100.0000 | -- | 10501200.0000 | -- | 9109100.0000 | -- |
| 2015-09-30 | 256000000.0000 | -- | 32626200.0000 | -- | 34593500.0000 | -- | 29942000.0000 | -- |
| 2013-12-31 | 309000000.0000 | 18.85 | 38427200.0000 | 10.94 | 39336600.0000 | 12.41 | 34194800.0000 | 12.27 |
| 2014-12-31 | 325000000.0000 | 5.18 | 41979100.0000 | 9.24 | 43829500.0000 | 11.42 | 38085900.0000 | 11.38 |
| 2012-12-31 | 260000000.0000 | 16.07 | 34636800.0000 | 54.85 | 34993800.0000 | 54.46 | 30457200.0000 | 53.61 |
| 2011-12-31 | 224000000.0000 | -- | 22367700.0000 | -- | 22656000.0000 | -- | 19828200.0000 | -- |
| 2025-06-30 | 878000000.0000 | 3.17 | -38126200.0000 | -169.24 | -39052700.0000 | -182.44 | -27361200.0000 | -157.26 |
| 2025-09-30 | 1247000000.0000 | -1.73 | -80221000.0000 | -258.69 | -81150500.0000 | -295.47 | -61390100.0000 | -231.28 |
| 2026-03-31 | 438000000.0000 | -2.23 | -5956100.0000 | -184.34 | -5997500.0000 | -191.17 | -2845200.0000 | -130.76 |
| 2025-12-31 | 1664000000.0000 | -3.82 | -141000000.0000 | -406.94 | -142000000.0000 | -413.77 | -113000000.0000 | -393.05 |
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) |
| 2024-12 | 1.68 | 2.62 | 1.25 | 1.8700 | 4.9300 | 7.42 | 0.48 |
| 2025-03 | 0.22 | 1.47 | 0.18 | 0.4900 | 1.1300 | 6.59 | 0.12 |
| 2024-06 | 5.05 | 5.57 | 1.31 | 1.7900 | 2.3500 | 8.11 | 0.24 |
| 2024-09 | 2.84 | 3.27 | 1.18 | 1.9000 | 3.7200 | 8.01 | 0.36 |
| 2024-03 | 8.10 | 9.57 | 1.15 | 1.3700 | 1.1200 | 7.96 | 0.12 |
| 2023-12 | 8.07 | 9.62 | 5.25 | 6.3500 | 5.2300 | 9.20 | 0.55 |
| 2023-09 | 10.82 | 11.32 | 4.72 | 5.6100 | 3.6600 | 8.63 | 0.42 |
| 2023-06 | 14.88 | 15.39 | 4.59 | 5.1400 | 2.2400 | 9.18 | 0.30 |
| 2023-03 | 16.79 | 17.77 | 3.00 | 3.2800 | 1.2700 | 9.37 | 0.17 |
| 2022-12 | 22.80 | 23.43 | 18.66 | 22.0300 | 6.0600 | 12.09 | 0.80 |
| 2022-03 | 26.89 | 27.54 | 6.20 | 6.8800 | 1.5900 | 12.19 | 0.23 |
| 2022-09 | 24.35 | 25.14 | 15.53 | 17.8000 | 4.7200 | 11.83 | 0.62 |
| 2022-06 | 27.10 | 27.82 | 12.27 | 14.0100 | 3.1700 | 12.70 | 0.44 |
| 2021-12 | 5.69 | 6.17 | 4.59 | 6.2400 | 7.0000 | 10.37 | 0.74 |
| 2021-06 | 3.00 | 2.82 | 0.98 | 2.9500 | 3.6400 | 9.21 | 0.35 |
| 2021-09 | 0.57 | 0.70 | 0.37 | 1.7300 | 5.5400 | 9.62 | 0.52 |
| 2020-09 | 5.97 | 6.38 | 3.65 | 8.2600 | 5.4500 | 8.78 | 0.57 |
| 2021-03 | 5.35 | 4.94 | 1.10 | 2.6200 | 1.9900 | 8.66 | 0.22 |
| 2020-12 | 2.31 | 2.44 | 1.91 | 5.8200 | 7.2500 | 9.40 | 0.79 |
| 2020-06 | 8.12 | 8.50 | 3.58 | 7.3300 | 3.7400 | 9.33 | 0.42 |
| 2020-03 | 5.22 | 5.46 | 1.09 | 1.9200 | 1.7800 | 8.84 | 0.20 |
| 2019-12 | 6.19 | 8.49 | 5.91 | 13.8600 | 6.4500 | 10.03 | 0.70 |
| 2019-06 | 9.60 | 14.61 | 4.16 | 9.3600 | 2.1000 | 7.58 | 0.29 |
| 2019-09 | 8.72 | 11.89 | 5.37 | 12.6700 | 4.1300 | 8.38 | 0.45 |
| 2019-03 | 8.57 | 26.01 | 2.12 | 5.9700 | 0.6600 | 3.79 | 0.08 |
| 2018-09 | 10.62 | 11.95 | 5.03 | 7.2400 | 2.1300 | 5.88 | 0.42 |
| 2018-12 | 10.27 | 12.08 | 7.49 | 10.7500 | 3.2400 | 6.22 | 0.62 |
| 2017-12 | 11.85 | 13.56 | 7.51 | 9.6300 | 3.0400 | 6.61 | 0.55 |
| 2018-06 | 10.55 | 12.54 | 3.51 | 4.6700 | 1.3600 | 5.86 | 0.28 |
| 2018-03 | 9.32 | 11.44 | 1.57 | 1.9800 | 0.6600 | 5.47 | 0.14 |
| 2017-03 | 10.64 | 12.45 | 1.58 | 1.7200 | 0.5300 | 5.84 | 0.13 |
| 2017-09 | 13.18 | 15.03 | 6.86 | 7.2900 | 2.0800 | 6.39 | 0.46 |
| 2017-06 | 13.02 | 15.54 | 4.68 | 4.6500 | 1.2400 | 6.46 | 0.30 |
| 2016-09 | 14.29 | 14.79 | 9.51 | 11.8800 | 2.7100 | 7.67 | 0.64 |
| 2016-12 | 12.68 | 13.06 | 8.17 | 14.4000 | 3.8200 | 7.95 | 0.63 |
| 2016-06 | 13.76 | 14.84 | 6.15 | 7.6500 | 1.8400 | 7.73 | 0.41 |
| 2015-12 | 12.97 | 13.68 | 11.75 | 14.4800 | 3.7500 | 7.56 | 0.86 |
| 2016-03 | 12.75 | 13.46 | -- | 2.9000 | -- | -- | -- |
| 2015-09 | 12.50 | 13.51 | -- | 10.7400 | -- | -- | -- |
| 2013-12 | 12.62 | 12.73 | 12.41 | 17.3100 | 3.5900 | 7.56 | 0.97 |
| 2014-12 | 12.92 | 13.49 | 11.78 | 15.5700 | 3.4900 | 7.30 | 0.87 |
| 2012-12 | 13.46 | 13.46 | 14.46 | 21.5700 | 3.5900 | 8.73 | 1.07 |
| 2011-12 | 9.82 | 10.11 | 15.10 | 28.5100 | 3.6800 | 9.81 | 1.49 |
| 2025-06 | -4.33 | -4.45 | -1.09 | -0.8500 | 2.5300 | 6.32 | 0.25 |
| 2025-09 | -6.34 | -6.51 | -2.21 | -1.9600 | 3.5900 | 6.07 | 0.34 |
| 2026-03 | -2.28 | -1.37 | -- | -- | -- | -- | -- |
| 2025-12 | -9.19 | -8.53 | -- | -- | -- | -- | -- |
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 |
| 2024-12 | 36.40 | 63.63 | 1.4500 | 0.9100 |
| 2025-03 | 35.86 | 64.14 | 1.4900 | 0.8500 |
| 2024-06 | 34.47 | 65.53 | 1.7300 | 1.1400 |
| 2024-09 | 33.39 | 66.64 | 1.7600 | 1.0200 |
| 2024-03 | 31.80 | 68.20 | 1.6800 | 1.0400 |
| 2023-12 | 31.10 | 68.90 | 1.4100 | 0.9400 |
| 2023-09 | 29.99 | 70.01 | 1.9100 | 1.1900 |
| 2023-06 | 28.29 | 71.71 | 1.9500 | 1.1600 |
| 2023-03 | 32.69 | 67.31 | 2.1100 | 1.2900 |
| 2022-12 | 36.00 | 64.00 | 2.0900 | 1.2400 |
| 2022-03 | 37.43 | 62.57 | 1.9700 | 1.2300 |
| 2022-09 | 37.06 | 62.94 | 2.0800 | 1.2900 |
| 2022-06 | 36.16 | 63.87 | 2.1600 | 1.2300 |
| 2021-12 | 38.36 | 61.64 | 1.9600 | 1.2300 |
| 2021-06 | 39.34 | 60.62 | 2.1100 | 1.6100 |
| 2021-09 | 38.95 | 61.05 | 2.2100 | 1.4600 |
| 2020-09 | 48.94 | 51.06 | 1.4200 | 1.0300 |
| 2021-03 | 51.46 | 48.54 | 1.3000 | 0.8200 |
| 2020-12 | 50.88 | 49.12 | 1.3100 | 0.8500 |
| 2020-06 | 47.47 | 52.53 | 0.9900 | 0.7000 |
| 2020-03 | 49.95 | 50.05 | 1.0500 | 0.7200 |
| 2019-12 | 49.72 | 50.22 | 1.0300 | 0.7200 |
| 2019-06 | 48.74 | 51.26 | 1.2000 | 0.7600 |
| 2019-09 | 49.57 | 50.43 | 1.1200 | 0.7800 |
| 2019-03 | 50.15 | 49.85 | 1.3000 | 0.8900 |
| 2018-09 | 39.29 | 60.71 | 1.5400 | 1.0400 |
| 2018-12 | 35.77 | 64.12 | 1.3500 | 0.8800 |
| 2017-12 | 29.51 | 70.37 | 2.6500 | 1.0400 |
| 2018-06 | 37.75 | 62.25 | 1.9000 | 1.3800 |
| 2018-03 | 29.95 | 70.05 | 2.4300 | 1.5800 |
| 2017-03 | 18.83 | 81.17 | 4.0900 | 1.4300 |
| 2017-09 | 15.42 | 84.58 | 5.1100 | 1.8900 |
| 2017-06 | 12.08 | 87.93 | 6.5700 | 2.7500 |
| 2016-09 | 26.71 | 73.29 | 2.4400 | 1.5300 |
| 2016-12 | 17.37 | 82.78 | 4.5400 | 3.4500 |
| 2016-06 | 27.85 | 72.15 | 2.4600 | 1.6100 |
| 2015-12 | 24.44 | 75.50 | 2.8400 | 1.8300 |
| 2016-03 | -- | -- | -- | -- |
| 2015-09 | -- | -- | -- | -- |
| 2013-12 | 28.82 | 71.29 | 2.6100 | 1.3900 |
| 2014-12 | 29.03 | 70.97 | 2.5000 | 1.4100 |
| 2012-12 | 25.90 | 73.97 | 3.8500 | 2.0900 |
| 2011-12 | 23.71 | 76.00 | 3.3900 | 1.8000 |
| 2025-06 | 36.59 | 63.38 | 1.2800 | 0.7600 |
| 2025-09 | 39.14 | 60.86 | 1.1400 | 0.6100 |
| 2026-03 | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- |
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) |
| 2024-12 | 1701000000.0000 | 21052700.0000 | 77913800.0000 | 17263200.0000 |
| 2025-03 | 447000000.0000 | 4866700.0000 | 18016800.0000 | 6038400.0000 |
| 2024-06 | 808000000.0000 | 9716700.0000 | 40984600.0000 | 9297500.0000 |
| 2024-09 | 1233000000.0000 | 15016000.0000 | 52257400.0000 | 7881900.0000 |
| 2024-03 | 386000000.0000 | 4909100.0000 | 19586400.0000 | 2984300.0000 |
| 2023-12 | 1720000000.0000 | 24338400.0000 | 83756500.0000 | 23396700.0000 |
| 2023-09 | 1245000000.0000 | 16315700.0000 | 65529000.0000 | 13451000.0000 |
| 2023-06 | 824000000.0000 | 10422400.0000 | 42189900.0000 | 11745200.0000 |
| 2023-03 | 436000000.0000 | 4521300.0000 | 21549000.0000 | 7407800.0000 |
| 2022-12 | 1852000000.0000 | 23103000.0000 | 91614100.0000 | 25755600.0000 |
| 2022-03 | 446000000.0000 | 3125800.0000 | 22257600.0000 | 9038400.0000 |
| 2022-09 | 1345000000.0000 | 13969000.0000 | 71882700.0000 | 10350900.0000 |
| 2022-06 | 912000000.0000 | 8540700.0000 | 49534900.0000 | 12315700.0000 |
| 2021-12 | 1774000000.0000 | 18145000.0000 | 64513200.0000 | 28953500.0000 |
| 2021-06 | 808000000.0000 | 8041800.0000 | 25952800.0000 | 13568200.0000 |
| 2021-09 | 1224000000.0000 | 11647600.0000 | 40840400.0000 | 20384600.0000 |
| 2020-09 | 1039000000.0000 | 44512500.0000 | 46714600.0000 | 20057500.0000 |
| 2021-03 | 425000000.0000 | 3473700.0000 | 13850600.0000 | 5617200.0000 |
| 2020-12 | 1482000000.0000 | 15384500.0000 | 56225400.0000 | 27288600.0000 |
| 2020-06 | 690000000.0000 | 27217900.0000 | 35782600.0000 | 12842300.0000 |
| 2020-03 | 345000000.0000 | 14070700.0000 | 15720600.0000 | 4204700.0000 |
| 2019-12 | 1182000000.0000 | 45828100.0000 | 63386400.0000 | 23149700.0000 |
| 2019-06 | 480000000.0000 | 20582400.0000 | 32965300.0000 | 12324900.0000 |
| 2019-09 | 806000000.0000 | 30148300.0000 | 45062100.0000 | 14740800.0000 |
| 2019-03 | 128000000.0000 | 3540500.0000 | 4337800.0000 | 3195800.0000 |
| 2018-09 | 362000000.0000 | 10997200.0000 | 9963500.0000 | 1627100.0000 |
| 2018-12 | 524000000.0000 | 15749700.0000 | 17719200.0000 | 6833500.0000 |
| 2017-12 | 409000000.0000 | 12145500.0000 | 14189300.0000 | 2148800.0000 |
| 2018-06 | 229000000.0000 | 6488400.0000 | 6553600.0000 | 2529900.0000 |
| 2018-03 | 107000000.0000 | 3031000.0000 | 3781400.0000 | 3003400.0000 |
| 2017-03 | 75843900.0000 | 2673900.0000 | 6394500.0000 | 301200.0000 |
| 2017-09 | 270000000.0000 | 8424400.0000 | 10107400.0000 | 887100.0000 |
| 2017-06 | 167000000.0000 | 5468100.0000 | 13306100.0000 | 435600.0000 |
| 2016-09 | 258000000.0000 | 8324700.0000 | 19880300.0000 | -565800.0000 |
| 2016-12 | 365000000.0000 | 11442000.0000 | 31043800.0000 | -917000.0000 |
| 2016-06 | 163000000.0000 | 5286200.0000 | 13051800.0000 | 292700.0000 |
| 2015-12 | 302000000.0000 | 8644700.0000 | 26477200.0000 | 2107300.0000 |
| 2016-03 | 68074200.0000 | 2407800.0000 | 5879900.0000 | 314600.0000 |
| 2015-09 | 224000000.0000 | 5867700.0000 | 18006300.0000 | 1540700.0000 |
| 2013-12 | 270000000.0000 | 5560300.0000 | 23235700.0000 | 2158800.0000 |
| 2014-12 | 283000000.0000 | 7036300.0000 | 24780500.0000 | 2086800.0000 |
| 2012-12 | 225000000.0000 | 3844100.0000 | 17855700.0000 | 904600.0000 |
| 2011-12 | 202000000.0000 | 2977600.0000 | 13220100.0000 | 687000.0000 |
| 2025-06 | 916000000.0000 | 10259300.0000 | 33188200.0000 | 12399400.0000 |
| 2025-09 | 1326000000.0000 | 14652000.0000 | 49890100.0000 | 17061900.0000 |
| 2026-03 | 448000000.0000 | 4781800.0000 | 16770500.0000 | 6527700.0000 |
| 2025-12 | 1817000000.0000 | 21277700.0000 | 74831200.0000 | 23964200.0000 |