中商官网
研究报告
华凯易佰（300592）
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 | 2292000000.0000 | 35.06 | -12760700.0000 | -112.39 | -13244200.0000 | -112.86 | -16030900.0000 | -119.56 |
| 2024-09-30 | 6115000000.0000 | 28.74 | 228000000.0000 | -39.68 | 222000000.0000 | -40.64 | 188000000.0000 | -40.88 |
| 2024-06-30 | 3519000000.0000 | 17.61 | 162000000.0000 | -38.64 | 161000000.0000 | -39.25 | 133000000.0000 | -41.41 |
| 2024-12-31 | 9022000000.0000 | 38.42 | 224000000.0000 | -45.23 | 217000000.0000 | -46.68 | 167000000.0000 | -52.15 |
| 2023-09-30 | 4750000000.0000 | 55.28 | 378000000.0000 | 100.00 | 374000000.0000 | 96.84 | 318000000.0000 | 97.52 |
| 2024-03-31 | 1697000000.0000 | 23.06 | 103000000.0000 | 0.98 | 103000000.0000 | 0.98 | 81948900.0000 | -4.16 |
| 2023-12-31 | 6518000000.0000 | 47.57 | 409000000.0000 | 43.01 | 407000000.0000 | 41.32 | 349000000.0000 | 42.45 |
| 2023-03-31 | 1379000000.0000 | 47.49 | 102000000.0000 | 124.44 | 102000000.0000 | 123.83 | 85505700.0000 | 119.56 |
| 2023-06-30 | 2992000000.0000 | 52.11 | 264000000.0000 | 137.84 | 265000000.0000 | 136.61 | 227000000.0000 | 141.78 |
| 2022-12-31 | 4417000000.0000 | 112.87 | 286000000.0000 | -591.56 | 288000000.0000 | -591.13 | 245000000.0000 | -398.96 |
| 2022-09-30 | 3059000000.0000 | 186.16 | 189000000.0000 | -1956.91 | 190000000.0000 | -1964.13 | 161000000.0000 | -1177.67 |
| 2022-03-31 | 935000000.0000 | 2618.47 | 45445800.0000 | -2123.23 | 45569600.0000 | -2106.94 | 38944300.0000 | -1181.10 |
| 2022-06-30 | 1967000000.0000 | 2453.40 | 111000000.0000 | -599.22 | 112000000.0000 | -603.03 | 93885500.0000 | -524.16 |
| 2021-12-31 | 2075000000.0000 | 1437.04 | -58181900.0000 | -8.45 | -58640700.0000 | -10.99 | -81951700.0000 | 31.16 |
| 2021-09-30 | 1069000000.0000 | 735.16 | -10178200.0000 | -52.81 | -10192400.0000 | -55.45 | -14939600.0000 | -24.16 |
| 2020-12-31 | 135000000.0000 | -67.23 | -63553700.0000 | -727.91 | -65879400.0000 | -771.23 | -62483400.0000 | -882.91 |
| 2021-06-30 | 77034600.0000 | 47.80 | -22234800.0000 | 59.59 | -22265000.0000 | 48.84 | -22134400.0000 | 72.83 |
| 2021-03-31 | 34394400.0000 | 91.52 | -2246200.0000 | -66.43 | -2270600.0000 | -70.43 | -3602300.0000 | -60.41 |
| 2020-09-30 | 128000000.0000 | -53.45 | -21568200.0000 | -223.25 | -22878200.0000 | -228.25 | -19699900.0000 | -236.92 |
| 2020-06-30 | 52122100.0000 | -68.60 | -13932300.0000 | -286.00 | -14959100.0000 | -294.90 | -12806700.0000 | -330.91 |
| 2020-03-31 | 17958400.0000 | -42.91 | -6691400.0000 | -8.22 | -7677800.0000 | 6.24 | -9097900.0000 | 21.11 |
| 2019-12-31 | 412000000.0000 | -8.04 | 10121500.0000 | -39.72 | 9814700.0000 | -41.43 | 7980900.0000 | -49.14 |
| 2019-09-30 | 275000000.0000 | 2.61 | 17498900.0000 | -17.74 | 17839100.0000 | -21.54 | 14387400.0000 | -24.27 |
| 2019-06-30 | 166000000.0000 | 3.11 | 7490400.0000 | -32.69 | 7675100.0000 | -40.46 | 5546100.0000 | -41.35 |
| 2019-03-31 | 31457100.0000 | -54.44 | -7290400.0000 | -350.04 | -7226900.0000 | -346.63 | -7512300.0000 | -479.20 |
| 2018-09-30 | 268000000.0000 | -18.54 | 21271900.0000 | -50.48 | 22737500.0000 | -47.54 | 18998800.0000 | -47.08 |
| 2018-12-31 | 448000000.0000 | -20.28 | 16789900.0000 | -69.96 | 16758500.0000 | -70.92 | 15691800.0000 | -67.80 |
| 2017-12-31 | 562000000.0000 | 6.04 | 55891900.0000 | 58.72 | 57620400.0000 | 23.42 | 48735000.0000 | 21.75 |
| 2018-06-30 | 161000000.0000 | -18.69 | 11128500.0000 | -20.37 | 12891000.0000 | -11.64 | 9455900.0000 | -17.36 |
| 2018-03-31 | 69045400.0000 | 30.18 | 2915700.0000 | -297.62 | 2930300.0000 | 361.68 | 1981100.0000 | -6369.30 |
| 2017-06-30 | 198000000.0000 | 15.12 | 13975600.0000 | 92.68 | 14589200.0000 | 32.39 | 11442400.0000 | 24.99 |
| 2017-09-30 | 329000000.0000 | 2.81 | 42957300.0000 | 74.99 | 43343800.0000 | 30.08 | 35901800.0000 | 27.04 |
| 2017-03-31 | 53039200.0000 | 33.25 | -1475400.0000 | -67.42 | 634700.0000 | -33.42 | -31600.0000 | -107.09 |
| 2016-09-30 | 320000000.0000 | 36.75 | 24549000.0000 | 360.32 | 33321100.0000 | 220.19 | 28260000.0000 | 222.05 |
| 2016-12-31 | 530000000.0000 | 9.96 | 35214800.0000 | 9.36 | 46687900.0000 | 8.87 | 40027600.0000 | 8.57 |
| 2016-03-31 | 39805600.0000 | -- | -4529200.0000 | -∞ | 953300.0000 | -- | 445900.0000 | -- |
| 2015-12-31 | 482000000.0000 | 10.55 | 32199400.0000 | -15.41 | 42882600.0000 | -0.48 | 36868700.0000 | 0.79 |
| 2016-06-30 | 172000000.0000 | -- | 7253300.0000 | -- | 11019800.0000 | -- | 9154900.0000 | -- |
| 2013-12-31 | 419000000.0000 | 23.24 | 32635500.0000 | 61.98 | 35427600.0000 | 73.46 | 30109200.0000 | 81.65 |
| 2014-12-31 | 436000000.0000 | 4.06 | 38066600.0000 | 16.64 | 43089300.0000 | 21.63 | 36580400.0000 | 21.49 |
| 2015-09-30 | 234000000.0000 | -- | 5333000.0000 | -- | 10406700.0000 | -- | 8775100.0000 | -- |
| 2012-12-31 | 340000000.0000 | -- | 20148200.0000 | -- | 20424400.0000 | -- | 16575600.0000 | -- |
| 2025-06-30 | 4538000000.0000 | 28.96 | 43921400.0000 | -72.89 | 42556500.0000 | -73.57 | 32444300.0000 | -75.61 |
| 2025-09-30 | 6740000000.0000 | 10.22 | 58751300.0000 | -74.23 | 55710300.0000 | -74.91 | 45005400.0000 | -76.06 |
| 2026-03-31 | 1924000000.0000 | -16.06 | 90392200.0000 | -808.36 | 89765300.0000 | -777.77 | 73795800.0000 | -560.33 |
| 2025-12-31 | 9133000000.0000 | 1.23 | 205000000.0000 | -8.48 | 200000000.0000 | -7.83 | 154000000.0000 | -7.78 |
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 | -0.65 | -0.58 | -0.31 | -0.6400 | 0.9500 | 20.28 | 0.53 |
| 2024-09 | 3.60 | 3.63 | 4.90 | 8.7100 | 2.7700 | 19.23 | 1.35 |
| 2024-06 | 4.55 | 4.58 | 4.42 | 6.1400 | 2.3200 | 18.32 | 0.97 |
| 2024-12 | 2.29 | 2.41 | 4.88 | 7.7600 | 4.4800 | 21.51 | 2.03 |
| 2023-09 | 7.66 | 7.87 | 11.58 | 13.9400 | 4.2600 | 20.29 | 1.47 |
| 2024-03 | 5.95 | 6.07 | 2.97 | 3.7600 | 1.2500 | 17.32 | 0.49 |
| 2023-12 | 5.86 | 6.24 | 12.50 | 15.8300 | 5.7000 | 18.67 | 2.00 |
| 2023-03 | 7.03 | 7.40 | 3.27 | 3.4500 | 1.4500 | 18.26 | 0.44 |
| 2023-06 | 8.52 | 8.86 | 8.49 | 9.4200 | 2.9900 | 18.24 | 0.96 |
| 2022-12 | 6.20 | 6.52 | 9.20 | 10.0200 | 4.6400 | 15.52 | 1.41 |
| 2022-09 | 5.95 | 6.21 | 6.31 | 6.6900 | 3.0900 | 14.82 | 1.02 |
| 2022-03 | 4.60 | 4.87 | 1.63 | 1.6500 | 1.0600 | 14.50 | 0.33 |
| 2022-06 | 5.69 | 5.69 | 3.78 | 3.9600 | 2.0200 | 14.15 | 0.66 |
| 2021-12 | -3.52 | -2.83 | -1.98 | -7.1400 | 4.3300 | 8.67 | 0.70 |
| 2021-09 | -1.12 | -0.95 | -0.33 | -1.6500 | 1.4500 | 5.44 | 0.35 |
| 2020-12 | -48.15 | -48.80 | -7.22 | -13.3000 | 0.6200 | 0.49 | 0.15 |
| 2021-06 | -28.38 | -28.90 | -2.53 | -5.1800 | 3.1600 | 0.73 | 0.09 |
| 2021-03 | -7.31 | -6.60 | -0.26 | -0.8200 | 1.5100 | 0.67 | 0.04 |
| 2020-09 | -17.97 | -17.87 | -2.35 | -3.9600 | 0.6400 | 0.59 | 0.13 |
| 2020-06 | -27.55 | -28.70 | -1.55 | -2.5900 | 0.2300 | 0.37 | 0.05 |
| 2020-03 | -40.69 | -42.75 | -0.76 | -1.7900 | 0.0500 | 0.25 | 0.02 |
| 2019-12 | 0.24 | 2.38 | 0.87 | 1.5700 | 0.7700 | 1.30 | 0.37 |
| 2019-09 | 4.00 | 6.49 | 1.60 | 2.8100 | 0.4400 | 1.28 | 0.25 |
| 2019-06 | 1.81 | 4.62 | 0.71 | 1.0900 | 0.2700 | 1.14 | 0.15 |
| 2019-03 | -27.14 | -22.97 | -0.71 | -1.5000 | 0.0500 | 0.48 | 0.03 |
| 2018-09 | 5.97 | 8.48 | 2.27 | 3.7800 | 0.5200 | 1.11 | 0.27 |
| 2018-12 | 1.34 | 3.74 | 1.55 | 3.1400 | 0.8700 | 1.38 | 0.41 |
| 2017-12 | 8.90 | 10.25 | 5.50 | 10.4600 | 1.1100 | 1.99 | 0.54 |
| 2018-06 | 5.59 | 8.01 | 1.31 | 1.8900 | 0.3100 | 1.02 | 0.16 |
| 2018-03 | 2.05 | 4.24 | 0.31 | 0.4000 | 0.1400 | 0.88 | 0.07 |
| 2017-06 | 5.05 | 7.37 | 1.68 | 2.5800 | 0.4000 | 1.98 | 0.23 |
| 2017-09 | 11.85 | 13.17 | 4.72 | 7.8200 | 0.5800 | 2.03 | 0.36 |
| 2017-03 | -2.78 | 1.20 | 0.08 | -0.0100 | 0.1100 | 1.11 | 0.07 |
| 2016-09 | 7.81 | 10.41 | 5.19 | 9.2200 | 0.8100 | 2.62 | 0.50 |
| 2016-12 | 6.79 | 8.81 | 6.33 | 12.8200 | 1.3900 | 2.69 | 0.72 |
| 2016-03 | -11.38 | 2.39 | -- | 0.1500 | -- | -- | -- |
| 2015-12 | 6.85 | 8.90 | 6.81 | 13.4700 | 1.4900 | 3.03 | 0.77 |
| 2016-06 | 4.07 | 6.41 | 1.77 | 3.0800 | 0.5000 | 2.04 | 0.28 |
| 2013-12 | 7.88 | 8.46 | 8.11 | 22.5000 | 2.1100 | 5.47 | 0.96 |
| 2014-12 | 8.72 | 9.88 | 7.94 | 18.7200 | 1.4900 | 4.11 | 0.80 |
| 2015-09 | 2.14 | 4.45 | -- | -- | -- | -- | -- |
| 2012-12 | 6.18 | 6.01 | 6.15 | 17.3500 | 2.0500 | 4.99 | 1.02 |
| 2025-06 | 0.79 | 0.94 | 1.03 | 1.5500 | 1.9600 | 19.18 | 1.10 |
| 2025-09 | 0.71 | 0.83 | 1.39 | 2.1000 | 3.0100 | 20.04 | 1.68 |
| 2026-03 | 4.52 | 4.67 | 2.28 | -- | -- | -- | 0.49 |
| 2025-12 | 2.29 | 2.19 | -- | -- | -- | -- | -- |
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 | 44.34 | 55.66 | 2.2900 | 0.8400 |
| 2024-09 | 50.77 | 49.23 | 1.9600 | 0.5400 |
| 2024-06 | 39.27 | 60.73 | 2.7500 | 1.3800 |
| 2024-12 | 46.57 | 53.43 | 2.2000 | 0.7100 |
| 2023-09 | 35.59 | 64.41 | 2.7800 | 1.5900 |
| 2024-03 | 35.66 | 64.34 | 2.8400 | 1.6400 |
| 2023-12 | 34.46 | 65.54 | 3.0200 | 1.7000 |
| 2023-03 | 26.76 | 73.24 | 2.8700 | 1.9400 |
| 2023-06 | 34.52 | 65.48 | 2.7900 | 1.7700 |
| 2022-12 | 25.25 | 74.75 | 3.0900 | 2.0600 |
| 2022-09 | 23.70 | 76.30 | 3.2800 | 2.0200 |
| 2022-03 | 21.91 | 78.09 | 3.5300 | 2.1400 |
| 2022-06 | 23.84 | 76.16 | 3.2500 | 2.0200 |
| 2021-12 | 26.31 | 73.69 | 2.8900 | 1.8300 |
| 2021-09 | 26.17 | 73.83 | 3.0900 | 1.8900 |
| 2020-12 | 51.97 | 48.14 | 1.4500 | 1.3800 |
| 2021-06 | 52.61 | 47.39 | 1.3500 | 1.2700 |
| 2021-03 | 51.07 | 48.93 | 1.4600 | 1.3900 |
| 2020-09 | 50.67 | 49.33 | 1.7300 | 1.6700 |
| 2020-06 | 49.38 | 50.62 | 1.5600 | 1.4600 |
| 2020-03 | 50.39 | 49.61 | 1.6500 | 0.8900 |
| 2019-12 | 54.32 | 45.68 | 1.5500 | 0.9300 |
| 2019-09 | 53.49 | 46.51 | 1.6200 | 0.7700 |
| 2019-06 | 52.55 | 47.45 | 1.6200 | 0.7900 |
| 2019-03 | 51.32 | 48.78 | 1.6400 | 0.7500 |
| 2018-09 | 49.20 | 50.80 | 1.8600 | 0.8700 |
| 2018-12 | 53.24 | 46.76 | 1.6600 | 0.8600 |
| 2017-12 | 52.67 | 47.33 | 1.7400 | 1.0400 |
| 2018-06 | 49.13 | 50.87 | 1.8600 | 0.9200 |
| 2018-03 | 47.85 | 52.15 | 2.0200 | 1.0100 |
| 2017-06 | 47.11 | 52.89 | 2.0700 | 0.9400 |
| 2017-09 | 47.39 | 52.61 | 2.0500 | 0.8400 |
| 2017-03 | 43.54 | 56.46 | 2.1500 | 1.0000 |
| 2016-09 | 50.16 | 50.00 | 1.8400 | 0.6200 |
| 2016-12 | 54.95 | 45.05 | 1.7300 | 0.7700 |
| 2016-03 | -- | -- | -- | -- |
| 2015-12 | 53.65 | 46.35 | 1.9000 | 1.0900 |
| 2016-06 | 51.53 | 48.47 | 1.7900 | 0.8000 |
| 2013-12 | 61.56 | 38.67 | 1.6300 | 0.8600 |
| 2014-12 | 53.04 | 46.96 | 1.8200 | 0.8800 |
| 2015-09 | -- | -- | -- | -- |
| 2012-12 | 67.47 | 32.53 | 1.3600 | 0.6700 |
| 2025-06 | 42.56 | 57.44 | 2.1700 | 0.9300 |
| 2025-09 | 41.69 | 58.31 | 2.0500 | 0.8500 |
| 2026-03 | 37.75 | 62.25 | -- | -- |
| 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) |
| 2025-03 | 2307000000.0000 | 581000000.0000 | 137000000.0000 | -19767600.0000 |
| 2024-09 | 5895000000.0000 | 1474000000.0000 | 364000000.0000 | -372400.0000 |
| 2024-06 | 3359000000.0000 | 834000000.0000 | 236000000.0000 | -5785600.0000 |
| 2024-12 | 8815000000.0000 | 2264000000.0000 | 440000000.0000 | -2292600.0000 |
| 2023-09 | 4386000000.0000 | 1091000000.0000 | 279000000.0000 | 869600.0000 |
| 2024-03 | 1596000000.0000 | 405000000.0000 | 103000000.0000 | -1343900.0000 |
| 2023-12 | 6136000000.0000 | 1527000000.0000 | 416000000.0000 | -11455200.0000 |
| 2023-03 | 1282000000.0000 | 346000000.0000 | 67432700.0000 | 1601900.0000 |
| 2023-06 | 2737000000.0000 | 685000000.0000 | 165000000.0000 | -1530200.0000 |
| 2022-12 | 4143000000.0000 | 1088000000.0000 | 243000000.0000 | -2308000.0000 |
| 2022-09 | 2877000000.0000 | 794000000.0000 | 149000000.0000 | 5009000.0000 |
| 2022-03 | 892000000.0000 | 223000000.0000 | 49258000.0000 | 5981400.0000 |
| 2022-06 | 1855000000.0000 | 513000000.0000 | 105000000.0000 | 5813600.0000 |
| 2021-12 | 2148000000.0000 | 580000000.0000 | 150000000.0000 | 29690100.0000 |
| 2021-09 | 1081000000.0000 | 517000000.0000 | 93562100.0000 | 12067200.0000 |
| 2020-12 | 200000000.0000 | 21521600.0000 | 40316100.0000 | 6136500.0000 |
| 2021-06 | 98896300.0000 | 3205600.0000 | 29414800.0000 | 2765600.0000 |
| 2021-03 | 36907700.0000 | 1513800.0000 | 8864200.0000 | 1406200.0000 |
| 2020-09 | 151000000.0000 | 9354900.0000 | 27371800.0000 | 4733600.0000 |
| 2020-06 | 66482400.0000 | 5295700.0000 | 17249600.0000 | 3276400.0000 |
| 2020-03 | 25264800.0000 | 5862700.0000 | 8056300.0000 | 1513600.0000 |
| 2019-12 | 411000000.0000 | 39274600.0000 | 44573200.0000 | 7628400.0000 |
| 2019-09 | 264000000.0000 | 28718200.0000 | 30528200.0000 | 7326000.0000 |
| 2019-06 | 163000000.0000 | 19940500.0000 | 19200800.0000 | 4797900.0000 |
| 2019-03 | 39994400.0000 | 6238800.0000 | 8551900.0000 | 1992500.0000 |
| 2018-09 | 252000000.0000 | 19658400.0000 | 20339400.0000 | 5887500.0000 |
| 2018-12 | 442000000.0000 | 37166900.0000 | 31286800.0000 | 7905500.0000 |
| 2017-12 | 512000000.0000 | 40926300.0000 | 32817700.0000 | 6173600.0000 |
| 2018-06 | 152000000.0000 | 12988000.0000 | 14132100.0000 | 4105800.0000 |
| 2018-03 | 67631000.0000 | 4609200.0000 | 7745100.0000 | 2165100.0000 |
| 2017-06 | 188000000.0000 | 13346100.0000 | 22090900.0000 | 3137000.0000 |
| 2017-09 | 290000000.0000 | 19196100.0000 | 19231400.0000 | 4416500.0000 |
| 2017-03 | 54514700.0000 | 2620000.0000 | 11286800.0000 | 1405400.0000 |
| 2016-09 | 295000000.0000 | 25239300.0000 | 29034900.0000 | 6025900.0000 |
| 2016-12 | 494000000.0000 | 38335400.0000 | 44227000.0000 | 8266800.0000 |
| 2016-03 | 44334800.0000 | 4385600.0000 | 9593800.0000 | 1905300.0000 |
| 2015-12 | 449000000.0000 | 39814300.0000 | 39992800.0000 | 10215300.0000 |
| 2016-06 | 165000000.0000 | 15098700.0000 | 18961800.0000 | 4649900.0000 |
| 2013-12 | 386000000.0000 | 27561600.0000 | 42567700.0000 | 9666900.0000 |
| 2014-12 | 398000000.0000 | 33247200.0000 | 47330800.0000 | 11242600.0000 |
| 2015-09 | 229000000.0000 | 22932900.0000 | 27061200.0000 | 7464300.0000 |
| 2012-12 | 319000000.0000 | 21828300.0000 | 28189200.0000 | 5799400.0000 |
| 2025-06 | 4502000000.0000 | 1198000000.0000 | 230000000.0000 | -28084400.0000 |
| 2025-09 | 6692000000.0000 | 1771000000.0000 | 303000000.0000 | -16668100.0000 |
| 2026-03 | 1837000000.0000 | 480000000.0000 | 98991300.0000 | 23525900.0000 |
| 2025-12 | 8924000000.0000 | 2322000000.0000 | 352000000.0000 | -8976600.0000 |