中商官网
研究报告
沪宁股份（300669）
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 （%) |
| 2024-09-30 | 238000000.0000 | -16.49 | 29721700.0000 | -32.28 | 29702800.0000 | -32.38 | 26065400.0000 | -31.20 |
| 2024-12-31 | 324000000.0000 | -13.83 | 31583700.0000 | -44.38 | 31349000.0000 | -44.20 | 27707600.0000 | -42.97 |
| 2025-03-31 | 64513900.0000 | 4.37 | 4350100.0000 | -42.15 | 3620100.0000 | -51.83 | 3612900.0000 | -45.68 |
| 2024-03-31 | 61813500.0000 | -17.29 | 7520000.0000 | -11.56 | 7515900.0000 | -11.79 | 6650800.0000 | -13.70 |
| 2024-06-30 | 151000000.0000 | -18.82 | 17603000.0000 | -30.32 | 17584200.0000 | -30.50 | 15629000.0000 | -29.13 |
| 2023-12-31 | 376000000.0000 | -7.16 | 56789800.0000 | -2.31 | 56178300.0000 | -3.80 | 48585400.0000 | -6.24 |
| 2023-09-30 | 285000000.0000 | -5.63 | 43891400.0000 | 0.36 | 43929000.0000 | -0.24 | 37885500.0000 | -1.07 |
| 2023-06-30 | 186000000.0000 | -1.59 | 25263800.0000 | -5.13 | 25300800.0000 | -6.00 | 22053000.0000 | -6.91 |
| 2023-03-31 | 74731600.0000 | -7.17 | 8502900.0000 | -13.46 | 8520800.0000 | -12.66 | 7706800.0000 | -12.63 |
| 2022-09-30 | 302000000.0000 | 2.03 | 43736100.0000 | -1.79 | 44033300.0000 | -0.60 | 38297100.0000 | 0.88 |
| 2022-06-30 | 189000000.0000 | 3.85 | 26629500.0000 | 2.13 | 26916000.0000 | 4.14 | 23689400.0000 | 6.07 |
| 2022-12-31 | 405000000.0000 | 0.00 | 58134500.0000 | 0.40 | 58397900.0000 | 1.03 | 51818300.0000 | 2.74 |
| 2021-12-31 | 405000000.0000 | 13.76 | 57901300.0000 | -9.51 | 57805200.0000 | -9.71 | 50437400.0000 | -6.99 |
| 2022-03-31 | 80507500.0000 | 14.46 | 9825100.0000 | -1.87 | 9756000.0000 | -2.33 | 8820700.0000 | 2.08 |
| 2021-03-31 | 70335100.0000 | 42.79 | 10012200.0000 | 56.75 | 9988500.0000 | 54.87 | 8641200.0000 | 53.04 |
| 2021-06-30 | 182000000.0000 | 18.18 | 26074700.0000 | 4.20 | 25845400.0000 | 3.18 | 22333100.0000 | -1.52 |
| 2021-09-30 | 296000000.0000 | 14.29 | 44531000.0000 | -2.88 | 44299700.0000 | -3.43 | 37964300.0000 | -5.92 |
| 2020-09-30 | 259000000.0000 | 0.78 | 45851300.0000 | -8.28 | 45874800.0000 | -8.47 | 40354000.0000 | -4.44 |
| 2020-12-31 | 356000000.0000 | 2.30 | 63985300.0000 | -1.08 | 64024000.0000 | -1.09 | 54229700.0000 | -1.30 |
| 2020-06-30 | 154000000.0000 | 0.65 | 25023400.0000 | -4.73 | 25049500.0000 | -4.62 | 22678400.0000 | 1.09 |
| 2020-03-31 | 49256300.0000 | -13.27 | 6387400.0000 | -14.07 | 6449500.0000 | -13.48 | 5646500.0000 | -13.69 |
| 2019-09-30 | 257000000.0000 | 25.98 | 49991000.0000 | 40.51 | 50120800.0000 | 39.11 | 42227100.0000 | 34.78 |
| 2019-12-31 | 348000000.0000 | 24.73 | 64683000.0000 | 50.75 | 64727400.0000 | 49.50 | 54943400.0000 | 44.82 |
| 2018-12-31 | 279000000.0000 | 7.72 | 42906100.0000 | -1.07 | 43294600.0000 | -3.23 | 37938600.0000 | -1.80 |
| 2019-06-30 | 153000000.0000 | 26.45 | 26265000.0000 | 36.14 | 26263400.0000 | 33.41 | 22433500.0000 | 31.39 |
| 2019-03-31 | 56789500.0000 | 25.90 | 7433500.0000 | 30.93 | 7454600.0000 | 25.74 | 6542000.0000 | 24.82 |
| 2018-09-30 | 204000000.0000 | 4.62 | 35578600.0000 | -3.21 | 36028600.0000 | -2.91 | 31329700.0000 | -1.55 |
| 2018-03-31 | 45108400.0000 | -1.39 | 5677400.0000 | -16.48 | 5928600.0000 | -14.15 | 5241100.0000 | -12.98 |
| 2018-06-30 | 121000000.0000 | -0.82 | 19292000.0000 | -5.01 | 19686800.0000 | -4.70 | 17074300.0000 | -4.05 |
| 2017-09-30 | 195000000.0000 | 4.84 | 36758700.0000 | -3.49 | 37107600.0000 | -5.25 | 31822600.0000 | -5.72 |
| 2017-12-31 | 259000000.0000 | 1.97 | 43368700.0000 | -7.26 | 44741500.0000 | -11.05 | 38634700.0000 | -11.33 |
| 2017-06-30 | 122000000.0000 | 8.93 | 20308700.0000 | 3.62 | 20658700.0000 | 0.58 | 17794300.0000 | 1.57 |
| 2017-03-31 | 45742700.0000 | 11.20 | 6797600.0000 | 12.61 | 6905700.0000 | 13.48 | 6022600.0000 | 14.53 |
| 2016-12-31 | 254000000.0000 | 1.60 | 46765000.0000 | 65.55 | 50299200.0000 | 69.88 | 43573500.0000 | 82.66 |
| 2016-03-31 | 41136500.0000 | -- | 6036300.0000 | -- | 6085500.0000 | -- | 5258700.0000 | -- |
| 2016-06-30 | 112000000.0000 | -- | 19599600.0000 | -- | 20540500.0000 | -- | 17519400.0000 | -- |
| 2016-09-30 | 186000000.0000 | -- | 38089400.0000 | -- | 39163000.0000 | -- | 33754800.0000 | -- |
| 2014-12-31 | 238000000.0000 | 14.42 | 34001200.0000 | 27.72 | 33659600.0000 | 21.72 | 29055400.0000 | 22.18 |
| 2015-12-31 | 250000000.0000 | 5.04 | 28247600.0000 | -16.92 | 29608600.0000 | -12.04 | 23855400.0000 | -17.90 |
| 2013-12-31 | 208000000.0000 | -- | 26621200.0000 | -- | 27652800.0000 | -- | 23781100.0000 | -- |
| 2025-06-30 | 148000000.0000 | -1.99 | 11023000.0000 | -37.38 | 10286800.0000 | -41.50 | 9302700.0000 | -40.48 |
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) |
| 2024-09 | 9.66 | 12.48 | 2.96 | 2.9400 | 3.5100 | 2.56 | 0.24 |
| 2024-12 | 8.02 | 9.68 | 3.10 | 3.1500 | 4.9200 | 2.68 | 0.32 |
| 2025-03 | 4.54 | 5.61 | 0.36 | 0.4100 | 0.9900 | 2.33 | 0.06 |
| 2024-03 | 8.88 | 12.16 | 0.75 | 0.7500 | 0.9400 | 2.21 | 0.06 |
| 2024-06 | 9.93 | 11.65 | 1.77 | 1.7600 | 2.3100 | 2.51 | 0.15 |
| 2023-12 | 13.83 | 14.94 | 5.43 | 5.5700 | 5.3500 | 2.87 | 0.36 |
| 2023-09 | 14.04 | 15.41 | 4.43 | 4.3500 | 4.0200 | 2.82 | 0.29 |
| 2023-06 | 12.37 | 13.60 | 2.64 | 2.5400 | 2.6000 | 2.65 | 0.19 |
| 2023-03 | 10.49 | 11.40 | 0.90 | 0.8900 | 1.0500 | 2.38 | 0.08 |
| 2022-09 | 12.25 | 14.58 | 4.72 | 4.5300 | 4.0400 | 2.73 | 0.32 |
| 2022-06 | 11.11 | 14.24 | 2.94 | 2.7900 | 2.5000 | 2.59 | 0.21 |
| 2022-12 | 12.35 | 14.42 | 5.99 | 6.0900 | 5.6500 | 2.88 | 0.42 |
| 2021-12 | 12.84 | 14.27 | 6.24 | 8.4600 | 6.4500 | 3.15 | 0.44 |
| 2022-03 | 9.55 | 12.12 | 1.03 | 1.0500 | 1.1200 | 2.45 | 0.09 |
| 2021-03 | 12.16 | 14.20 | 1.61 | 1.5300 | 1.2100 | 2.70 | 0.11 |
| 2021-06 | 12.64 | 14.20 | 4.08 | 3.9300 | 3.0900 | 2.86 | 0.29 |
| 2021-09 | 13.51 | 14.97 | 6.73 | 6.6400 | 4.8000 | 3.12 | 0.45 |
| 2020-09 | 15.83 | 17.71 | 7.30 | 7.6500 | 4.2800 | 3.19 | 0.41 |
| 2020-12 | 16.29 | 17.98 | 10.19 | 10.1300 | 6.0100 | 3.27 | 0.57 |
| 2020-06 | 14.29 | 16.27 | 4.21 | 4.3400 | 2.5300 | 2.85 | 0.26 |
| 2020-03 | 10.80 | 13.09 | 1.13 | 1.0900 | 0.8100 | 2.25 | 0.09 |
| 2019-09 | 16.73 | 19.50 | 9.01 | 8.7700 | 4.4500 | 3.38 | 0.46 |
| 2019-12 | 16.09 | 18.60 | 11.30 | 11.2500 | 5.9000 | 3.65 | 0.61 |
| 2018-12 | 12.54 | 15.52 | 8.33 | 8.3700 | 7.1100 | 3.41 | 0.54 |
| 2019-06 | 14.38 | 17.17 | 4.91 | 4.7200 | 2.7400 | 3.11 | 0.29 |
| 2019-03 | 10.38 | 13.13 | 1.40 | 1.4000 | 0.9900 | 2.74 | 0.11 |
| 2018-09 | 14.71 | 17.66 | 7.25 | 6.9300 | 6.6700 | 3.32 | 0.41 |
| 2018-03 | 8.62 | 13.14 | 1.22 | 1.1800 | 1.4500 | 2.67 | 0.09 |
| 2018-06 | 12.40 | 16.27 | 4.09 | 3.8000 | 4.1300 | 2.98 | 0.25 |
| 2017-09 | 17.95 | 19.03 | 7.60 | 10.8900 | 5.8200 | 3.33 | 0.40 |
| 2017-12 | 15.06 | 17.27 | 9.21 | 11.7900 | 8.0000 | 3.48 | 0.53 |
| 2017-06 | 15.57 | 16.93 | 4.35 | 8.0400 | 3.8500 | 3.15 | 0.26 |
| 2017-03 | 14.60 | 15.10 | 2.87 | 2.6800 | 1.3400 | 2.78 | 0.19 |
| 2016-12 | 18.50 | 19.80 | 19.42 | 21.8300 | 6.6100 | 3.68 | 0.98 |
| 2016-03 | 14.67 | 14.79 | -- | -- | -- | -- | -- |
| 2016-06 | 17.29 | 18.34 | -- | 9.3900 | -- | -- | -- |
| 2016-09 | 20.43 | 21.06 | -- | -- | -- | -- | -- |
| 2014-12 | 14.29 | 14.14 | 17.00 | 34.2800 | 6.7100 | 4.07 | 1.20 |
| 2015-12 | 11.20 | 11.84 | 11.75 | 19.1100 | 6.3800 | 4.02 | 0.99 |
| 2013-12 | 12.98 | 13.29 | 15.62 | 37.5100 | 6.6000 | 3.67 | 1.18 |
| 2025-06 | 4.73 | 6.95 | 1.05 | -- | -- | -- | 0.15 |
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 |
| 2024-09 | 12.66 | 87.34 | 3.7400 | 3.2200 |
| 2024-12 | 13.06 | 86.94 | 3.7100 | 3.2200 |
| 2025-03 | 11.27 | 88.73 | 4.3300 | 3.6900 |
| 2024-03 | 10.96 | 88.94 | 5.4700 | 4.8500 |
| 2024-06 | 12.75 | 87.25 | 4.5700 | 4.0700 |
| 2023-12 | 14.40 | 85.70 | 4.2200 | 3.7700 |
| 2023-09 | 11.60 | 88.40 | 5.2600 | 4.6600 |
| 2023-06 | 10.31 | 89.69 | 6.0900 | 5.4500 |
| 2023-03 | 8.51 | 91.47 | 7.9400 | 7.0800 |
| 2022-09 | 9.09 | 90.89 | 7.8500 | 7.0300 |
| 2022-06 | 8.73 | 91.25 | 8.4100 | 7.5100 |
| 2022-12 | 11.59 | 88.41 | 5.9600 | 5.3800 |
| 2021-12 | 9.57 | 90.39 | 7.9200 | 7.2200 |
| 2022-03 | 10.23 | 89.71 | 7.1900 | 6.4800 |
| 2021-03 | 7.99 | 91.92 | 9.1300 | 7.9500 |
| 2021-06 | 11.05 | 88.96 | 6.1100 | 5.2400 |
| 2021-09 | 11.85 | 88.15 | 5.4800 | 4.6700 |
| 2020-09 | 13.96 | 85.99 | 5.1900 | 4.6800 |
| 2020-12 | 10.60 | 89.49 | 6.9000 | 6.2000 |
| 2020-06 | 12.34 | 87.73 | 5.9900 | 5.3100 |
| 2020-03 | 9.29 | 90.73 | 8.1900 | 7.0300 |
| 2019-09 | 10.39 | 89.57 | 7.2000 | 6.3500 |
| 2019-12 | 10.55 | 89.35 | 7.1200 | 6.1900 |
| 2018-12 | 10.49 | 89.62 | 7.2400 | 3.3700 |
| 2019-06 | 10.84 | 89.16 | 6.8400 | 6.0100 |
| 2019-03 | 11.30 | 88.74 | 6.6700 | 3.0200 |
| 2018-09 | 7.67 | 92.35 | 10.2000 | 4.3900 |
| 2018-03 | 7.84 | 92.18 | 10.1000 | 4.2200 |
| 2018-06 | 7.52 | 92.52 | 10.4100 | 4.3200 |
| 2017-09 | 10.72 | 89.34 | 7.4800 | 3.2500 |
| 2017-12 | 8.93 | 91.15 | 8.9200 | 3.9300 |
| 2017-06 | 11.18 | 88.84 | 7.2200 | 6.7800 |
| 2017-03 | 12.97 | 86.72 | 4.9100 | 4.1000 |
| 2016-12 | 14.47 | 85.33 | 4.6300 | 3.9300 |
| 2016-03 | -- | -- | -- | -- |
| 2016-06 | -- | -- | -- | -- |
| 2016-09 | -- | -- | -- | -- |
| 2014-12 | 48.76 | 51.52 | 1.4900 | 1.1300 |
| 2015-12 | 29.43 | 70.63 | 2.4100 | 2.0100 |
| 2013-12 | 55.30 | 44.83 | 1.2900 | 0.9900 |
| 2025-06 | 0.00 | 88.58 | -- | -- |
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) |
| 2024-09 | 215000000.0000 | 4968200.0000 | 21427400.0000 | -4509000.0000 |
| 2024-12 | 298000000.0000 | 6659500.0000 | 28853100.0000 | 845400.0000 |
| 2025-03 | 61582300.0000 | 1491300.0000 | 6417400.0000 | -466100.0000 |
| 2024-03 | 56323600.0000 | 1664200.0000 | 7207400.0000 | -2263900.0000 |
| 2024-06 | 136000000.0000 | 3321800.0000 | 13930700.0000 | 685600.0000 |
| 2023-12 | 324000000.0000 | 7073700.0000 | 30749100.0000 | 881900.0000 |
| 2023-09 | 245000000.0000 | 5322100.0000 | 23121100.0000 | -7956400.0000 |
| 2023-06 | 163000000.0000 | 3344800.0000 | 15485400.0000 | 291800.0000 |
| 2023-03 | 66894100.0000 | 1795100.0000 | 7235800.0000 | -2922200.0000 |
| 2022-09 | 265000000.0000 | 5282800.0000 | 23179100.0000 | -4124400.0000 |
| 2022-06 | 168000000.0000 | 3349300.0000 | 14011800.0000 | 245600.0000 |
| 2022-12 | 355000000.0000 | 6666000.0000 | 28983700.0000 | 698300.0000 |
| 2021-12 | 353000000.0000 | 5985400.0000 | 27689200.0000 | 537800.0000 |
| 2022-03 | 72822000.0000 | 1538300.0000 | 6389800.0000 | -849600.0000 |
| 2021-03 | 61783800.0000 | 1159400.0000 | 7024800.0000 | -435200.0000 |
| 2021-06 | 159000000.0000 | 2570700.0000 | 14215200.0000 | 104800.0000 |
| 2021-09 | 256000000.0000 | 4028300.0000 | 22161800.0000 | -999100.0000 |
| 2020-09 | 218000000.0000 | 11913200.0000 | 22020300.0000 | -1072900.0000 |
| 2020-12 | 298000000.0000 | 6537900.0000 | 28968100.0000 | 165000.0000 |
| 2020-06 | 132000000.0000 | 7238700.0000 | 13338200.0000 | 67700.0000 |
| 2020-03 | 43934200.0000 | 3013800.0000 | 5170300.0000 | -460700.0000 |
| 2019-09 | 214000000.0000 | 10185900.0000 | 22725400.0000 | -332600.0000 |
| 2019-12 | 292000000.0000 | 14361700.0000 | 30360200.0000 | 376500.0000 |
| 2018-12 | 244000000.0000 | 12372000.0000 | 21880000.0000 | 103600.0000 |
| 2019-06 | 131000000.0000 | 6364300.0000 | 13861500.0000 | 297700.0000 |
| 2019-03 | 50896000.0000 | 2892800.0000 | 6064900.0000 | -16400.0000 |
| 2018-09 | 174000000.0000 | 9105000.0000 | 14816600.0000 | -779800.0000 |
| 2018-03 | 41220500.0000 | 2529000.0000 | 5027700.0000 | -269100.0000 |
| 2018-06 | 106000000.0000 | 5981600.0000 | 9839600.0000 | -538200.0000 |
| 2017-09 | 160000000.0000 | 7661100.0000 | 16387100.0000 | -763300.0000 |
| 2017-12 | 220000000.0000 | 11054800.0000 | 21666800.0000 | -989800.0000 |
| 2017-06 | 103000000.0000 | 4983300.0000 | 15659800.0000 | -332900.0000 |
| 2017-03 | 39065600.0000 | 1131100.0000 | 7659400.0000 | -168100.0000 |
| 2016-12 | 207000000.0000 | 8793400.0000 | 34772900.0000 | 346000.0000 |
| 2016-03 | 35100200.0000 | 999200.0000 | 7456300.0000 | 185100.0000 |
| 2016-06 | 92640000.0000 | 3954000.0000 | 15507700.0000 | 264500.0000 |
| 2016-09 | 148000000.0000 | 6308700.0000 | 22685900.0000 | -144700.0000 |
| 2014-12 | 204000000.0000 | 5014000.0000 | 22374400.0000 | 3330700.0000 |
| 2015-12 | 222000000.0000 | 6033900.0000 | 41178800.0000 | 2397600.0000 |
| 2013-12 | 181000000.0000 | 4087200.0000 | 20465600.0000 | 2923300.0000 |
| 2025-06 | 141000000.0000 | 3031800.0000 | 14022300.0000 | 585300.0000 |