中商官网
研究报告
万马科技（300698）
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 | 150000000.0000 | 78.71 | 5238600.0000 | 214.56 | 5226500.0000 | 233.73 | 5009900.0000 | 237.89 |
| 2024-09-30 | 385000000.0000 | 7.84 | 32607100.0000 | -24.49 | 32580800.0000 | -25.78 | 31224500.0000 | -22.49 |
| 2024-12-31 | 561000000.0000 | 7.68 | 42453900.0000 | -41.80 | 41986200.0000 | -42.40 | 41307500.0000 | -35.47 |
| 2023-12-31 | 521000000.0000 | 2.36 | 72940900.0000 | 105.27 | 72894500.0000 | 107.15 | 64016800.0000 | 134.73 |
| 2024-03-31 | 83933600.0000 | -5.36 | 1665400.0000 | -33.10 | 1566100.0000 | -36.92 | 1482700.0000 | -27.13 |
| 2024-06-30 | 225000000.0000 | 0.90 | 15791600.0000 | -6.38 | 15794700.0000 | -9.69 | 15975000.0000 | -4.22 |
| 2023-03-31 | 88685100.0000 | 50.20 | 2489400.0000 | -121.77 | 2482700.0000 | -121.82 | 2034800.0000 | -117.33 |
| 2023-09-30 | 357000000.0000 | 2.29 | 43180600.0000 | 134.53 | 43898500.0000 | 133.86 | 40282500.0000 | 352.17 |
| 2023-06-30 | 223000000.0000 | -13.23 | 16868300.0000 | 993.36 | 17489100.0000 | 915.51 | 16678700.0000 | -694.50 |
| 2022-12-31 | 509000000.0000 | 2.21 | 35534300.0000 | 634.39 | 35189100.0000 | 702.38 | 27272700.0000 | 847.89 |
| 2022-09-30 | 349000000.0000 | 14.05 | 18411300.0000 | 43.99 | 18771200.0000 | 47.84 | 8908800.0000 | 14.16 |
| 2022-06-30 | 257000000.0000 | -0.77 | 1542800.0000 | -86.92 | 1722200.0000 | -85.39 | -2805500.0000 | -138.62 |
| 2021-09-30 | 306000000.0000 | 10.87 | 12786400.0000 | -235.21 | 12697200.0000 | -238.45 | 7804100.0000 | -193.50 |
| 2022-03-31 | 59045800.0000 | -12.29 | -11434900.0000 | -1.39 | -11378800.0000 | -2.57 | -11741400.0000 | 0.80 |
| 2021-12-31 | 498000000.0000 | 3.32 | 4838600.0000 | -159.56 | 4385600.0000 | -153.61 | 2877200.0000 | -145.15 |
| 2021-03-31 | 67319500.0000 | 50.82 | -11596300.0000 | 0.38 | -11678900.0000 | 1.11 | -11647800.0000 | 3.78 |
| 2020-12-31 | 482000000.0000 | 2.77 | -8124500.0000 | -171.28 | -8181300.0000 | -173.29 | -6372400.0000 | -158.03 |
| 2021-06-30 | 259000000.0000 | 86.33 | 11790600.0000 | -189.16 | 11788400.0000 | -188.99 | 7265100.0000 | -156.63 |
| 2020-06-30 | 139000000.0000 | -25.27 | -13223700.0000 | -440.78 | -13247000.0000 | -423.86 | -12828500.0000 | -465.00 |
| 2020-09-30 | 276000000.0000 | 0.00 | -9456500.0000 | -247.30 | -9171100.0000 | -233.68 | -8347000.0000 | -239.61 |
| 2020-03-31 | 44636800.0000 | -59.05 | -11552400.0000 | 693.33 | -11550500.0000 | 693.19 | -11223700.0000 | 839.14 |
| 2019-12-31 | 469000000.0000 | 56.86 | 11398100.0000 | 1678.45 | 11163000.0000 | 149.33 | 10980500.0000 | 156.18 |
| 2019-09-30 | 276000000.0000 | 27.78 | 6420000.0000 | 80.67 | 6860300.0000 | -7.45 | 5978900.0000 | -3.65 |
| 2019-06-30 | 186000000.0000 | 27.40 | 3880400.0000 | 57.53 | 4090400.0000 | -31.97 | 3514700.0000 | -31.34 |
| 2019-03-31 | 109000000.0000 | 70.13 | -1456200.0000 | -73.84 | -1456200.0000 | -27.67 | -1195100.0000 | -30.16 |
| 2018-12-31 | 299000000.0000 | -12.32 | 640900.0000 | -97.97 | 4477200.0000 | -86.02 | 4286300.0000 | -84.32 |
| 2018-09-30 | 216000000.0000 | -23.94 | 3553400.0000 | -89.76 | 7412300.0000 | -79.10 | 6205700.0000 | -79.42 |
| 2018-03-31 | 64068500.0000 | -3.67 | -5567100.0000 | -207.64 | -2013200.0000 | -138.04 | -1711200.0000 | -138.04 |
| 2018-06-30 | 146000000.0000 | -29.13 | 2463300.0000 | -91.81 | 6012200.0000 | -80.12 | 5118800.0000 | -79.87 |
| 2017-09-30 | 284000000.0000 | -3.07 | 34710900.0000 | -4.60 | 35468400.0000 | -4.96 | 30148200.0000 | -4.96 |
| 2017-06-30 | 206000000.0000 | -6.36 | 30087000.0000 | -6.93 | 30236800.0000 | -8.60 | 25433000.0000 | -8.37 |
| 2017-12-31 | 341000000.0000 | -8.09 | 31610600.0000 | -22.97 | 32021700.0000 | -26.25 | 27339100.0000 | -25.94 |
| 2016-09-30 | 293000000.0000 | -- | 36383500.0000 | -- | 37319100.0000 | -- | 31721200.0000 | -- |
| 2016-12-31 | 371000000.0000 | -2.37 | 41035900.0000 | 10.21 | 43419100.0000 | 14.73 | 36915700.0000 | 15.33 |
| 2017-03-31 | 66508400.0000 | -- | 5172200.0000 | -- | 5292100.0000 | -- | 4498300.0000 | -- |
| 2015-06-30 | 164000000.0000 | -- | 16051900.0000 | -- | 15997900.0000 | -- | 13181100.0000 | -- |
| 2016-06-30 | 220000000.0000 | 34.15 | 32327600.0000 | 101.39 | 33080300.0000 | 106.78 | 27756600.0000 | 110.58 |
| 2015-12-31 | 380000000.0000 | 53.23 | 37234200.0000 | 965.72 | 37845800.0000 | 774.08 | 32008600.0000 | 722.46 |
| 2014-12-31 | 248000000.0000 | 10.22 | 3493800.0000 | -253.58 | 4329800.0000 | -395.35 | 3891800.0000 | -269.11 |
| 2015-05-31 | 137000000.0000 | -- | 11193100.0000 | -- | 11115400.0000 | -- | 10122300.0000 | -- |
| 2013-12-31 | 225000000.0000 | -- | -2274900.0000 | -∞ | -1466000.0000 | -∞ | -2301400.0000 | -∞ |
| 2025-06-30 | 339000000.0000 | 50.67 | 17565200.0000 | 11.23 | 17554500.0000 | 11.14 | 16016200.0000 | 0.26 |
| 2025-09-30 | 557000000.0000 | 44.68 | 35570500.0000 | 9.09 | 34755500.0000 | 6.67 | -- | -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 | 2.67 | 3.48 | 0.46 | 1.0300 | 1.5300 | 1.51 | 0.13 |
| 2024-09 | 5.45 | 8.46 | 3.51 | 6.4100 | 3.9000 | 1.58 | 0.42 |
| 2024-12 | 3.03 | 7.48 | 3.86 | 8.6600 | 5.3900 | 1.54 | 0.52 |
| 2023-12 | 12.28 | 13.99 | 8.14 | 14.6000 | 4.3400 | 1.67 | 0.58 |
| 2024-03 | -7.10 | 1.87 | 0.19 | 0.3100 | 0.7700 | 1.18 | 0.10 |
| 2024-06 | 2.67 | 7.02 | 1.82 | 3.3300 | 2.2400 | 1.36 | 0.26 |
| 2023-03 | -1.01 | 2.80 | 0.31 | 0.5100 | 0.6700 | 1.19 | 0.11 |
| 2023-09 | 10.08 | 12.30 | 5.03 | 9.4000 | 2.7700 | 1.46 | 0.41 |
| 2023-06 | 5.38 | 7.84 | 2.19 | 4.0200 | 1.7300 | 1.49 | 0.28 |
| 2022-12 | 5.50 | 6.91 | 4.30 | 7.8000 | 3.1000 | 1.46 | 0.62 |
| 2022-09 | 3.44 | 5.38 | 2.65 | 3.2100 | 2.0400 | 1.50 | 0.49 |
| 2022-06 | -0.78 | 0.67 | 0.22 | 0.1000 | 1.7200 | 1.45 | 0.33 |
| 2021-09 | 3.27 | 4.15 | 1.51 | 1.7500 | 1.7200 | 1.44 | 0.36 |
| 2022-03 | -21.53 | -19.27 | -1.25 | -2.5800 | 0.2400 | 0.62 | 0.06 |
| 2021-12 | 0.00 | 0.88 | 0.47 | 1.0800 | 3.2200 | 1.50 | 0.53 |
| 2021-03 | -17.99 | -17.35 | -1.59 | -2.7800 | 0.5500 | 1.03 | 0.09 |
| 2020-12 | -2.70 | -1.70 | -1.08 | -2.7900 | 4.8500 | 1.70 | 0.63 |
| 2021-06 | 3.86 | 4.55 | 1.48 | 1.4700 | 1.8000 | 1.86 | 0.32 |
| 2020-06 | -10.79 | -9.53 | -1.83 | -3.3000 | 1.2900 | 0.94 | 0.19 |
| 2020-09 | -4.35 | -3.32 | -1.24 | -2.7800 | 2.0700 | 1.41 | 0.37 |
| 2020-03 | -27.92 | -25.88 | -1.56 | -2.7700 | 0.3800 | 0.61 | 0.06 |
| 2019-12 | 1.07 | 2.38 | 1.43 | 1.0300 | 4.6700 | 2.08 | 0.60 |
| 2019-09 | 0.72 | 2.49 | 1.03 | 1.1800 | 2.0400 | 1.94 | 0.41 |
| 2019-06 | 0.54 | 2.20 | 0.71 | 0.9200 | 2.0500 | 2.37 | 0.32 |
| 2019-03 | -2.75 | -1.34 | -0.24 | -0.3100 | 1.4200 | 2.56 | 0.18 |
| 2018-12 | -2.01 | 1.50 | 0.71 | 1.1200 | 3.0000 | 1.85 | 0.47 |
| 2018-09 | -0.46 | 3.43 | 1.17 | 1.6200 | 2.1300 | 1.60 | 0.34 |
| 2018-03 | -9.77 | -3.14 | -0.33 | -0.4500 | 0.7700 | 1.44 | 0.11 |
| 2018-06 | 0.00 | 4.12 | 0.97 | 1.3400 | 1.5800 | 1.64 | 0.24 |
| 2017-09 | 11.62 | 12.49 | 6.03 | 13.8600 | 2.7900 | 2.34 | 0.48 |
| 2017-06 | 14.08 | 14.68 | 6.81 | 12.9500 | 1.8600 | 2.37 | 0.46 |
| 2017-12 | 8.50 | 9.39 | 5.63 | 10.7800 | 3.1500 | 2.14 | 0.60 |
| 2016-09 | 12.63 | 12.74 | -- | -- | -- | -- | -- |
| 2016-12 | 11.32 | 11.70 | 10.85 | 22.3400 | 2.6400 | 2.57 | 0.93 |
| 2017-03 | 7.68 | 7.96 | -- | 2.4200 | -- | -- | -- |
| 2015-06 | 9.76 | 9.75 | -- | 13.6500 | -- | -- | -- |
| 2016-06 | 14.55 | 15.04 | 7.88 | 17.2800 | 1.6100 | 2.79 | 0.52 |
| 2015-12 | 9.74 | 9.96 | 8.64 | 27.3100 | 2.5000 | 2.87 | 0.87 |
| 2014-12 | 1.61 | 1.75 | 1.05 | 5.6100 | 2.0300 | 2.19 | 0.60 |
| 2015-05 | 8.03 | 8.11 | 2.52 | 10.2600 | -- | -- | 0.31 |
| 2013-12 | -0.89 | -0.65 | -0.42 | -2.6000 | 1.9400 | 2.23 | 0.64 |
| 2025-06 | 3.83 | 5.18 | 1.59 | 3.3600 | 3.2100 | 1.59 | 0.31 |
| 2025-09 | 4.85 | 6.24 | -- | -- | -- | -- | -- |
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 | 56.83 | 43.17 | 1.3200 | 1.1600 |
| 2024-09 | 48.76 | 51.13 | 1.3600 | 1.0600 |
| 2024-12 | 55.70 | 44.30 | 1.3300 | 1.1200 |
| 2023-12 | 47.37 | 52.74 | 1.5000 | 1.2600 |
| 2024-03 | 42.09 | 57.79 | 1.5400 | 1.1100 |
| 2024-06 | 43.68 | 56.32 | 1.5600 | 1.2300 |
| 2023-03 | 48.30 | 51.82 | 1.5300 | 1.1900 |
| 2023-09 | 48.68 | 51.32 | 1.3700 | 1.1100 |
| 2023-06 | 46.80 | 53.20 | 1.5100 | 1.1900 |
| 2022-12 | 50.06 | 49.94 | 1.6000 | 1.3000 |
| 2022-09 | 44.77 | 55.23 | 1.5200 | 1.2200 |
| 2022-06 | 51.28 | 48.59 | 1.4100 | 1.1800 |
| 2021-09 | 47.39 | 52.73 | 1.7700 | 1.2000 |
| 2022-03 | 53.13 | 46.87 | 1.5400 | 1.0800 |
| 2021-12 | 53.15 | 46.85 | 1.5400 | 1.2100 |
| 2021-03 | 42.39 | 57.61 | 2.0000 | 1.4100 |
| 2020-12 | 42.63 | 57.37 | 2.0000 | 1.5100 |
| 2021-06 | 44.49 | 55.51 | 1.9400 | 1.3400 |
| 2020-06 | 40.75 | 59.25 | 2.1000 | 1.3900 |
| 2020-09 | 41.35 | 58.65 | 2.0700 | 1.0000 |
| 2020-03 | 41.27 | 58.73 | 2.0800 | 1.2500 |
| 2019-12 | 43.19 | 56.81 | 1.9900 | 1.3000 |
| 2019-09 | 34.73 | 65.42 | 2.4300 | 1.2800 |
| 2019-06 | 33.79 | 66.21 | 2.3800 | 1.4500 |
| 2019-03 | 37.09 | 62.75 | 2.1800 | 1.1000 |
| 2018-12 | 39.91 | 60.09 | 2.0400 | 0.8800 |
| 2018-09 | 39.91 | 60.09 | 2.0800 | 1.1200 |
| 2018-03 | 38.20 | 61.97 | 2.1400 | 1.1800 |
| 2018-06 | 38.00 | 62.00 | 2.1600 | 1.2400 |
| 2017-09 | 35.03 | 64.97 | 2.3300 | 2.0700 |
| 2017-06 | 52.93 | 47.07 | 1.4300 | 1.1900 |
| 2017-12 | 33.22 | 66.78 | 2.4200 | 1.2600 |
| 2016-09 | -- | -- | -- | -- |
| 2016-12 | 54.00 | 46.00 | 1.3500 | 1.0300 |
| 2017-03 | -- | -- | -- | -- |
| 2015-06 | -- | -- | -- | -- |
| 2016-06 | 58.57 | 41.67 | 1.2600 | 0.9800 |
| 2015-12 | 66.44 | 33.56 | 1.1200 | 0.8300 |
| 2014-12 | 77.43 | 22.71 | 0.9600 | 0.6900 |
| 2015-05 | 71.66 | 28.34 | -- | -- |
| 2013-12 | 75.35 | 24.73 | 0.9200 | 0.6500 |
| 2025-06 | 54.89 | 45.11 | 1.3200 | 1.1000 |
| 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 | 146000000.0000 | 23009000.0000 | 9204900.0000 | 1555300.0000 |
| 2024-09 | 364000000.0000 | 51369800.0000 | 27653200.0000 | 2359700.0000 |
| 2024-12 | 544000000.0000 | 79729300.0000 | 39745900.0000 | 5362700.0000 |
| 2023-12 | 457000000.0000 | 60577900.0000 | 29591600.0000 | 672400.0000 |
| 2024-03 | 89892600.0000 | 12756300.0000 | 8927000.0000 | 892600.0000 |
| 2024-06 | 219000000.0000 | 29740800.0000 | 17248400.0000 | 1631500.0000 |
| 2023-03 | 89581600.0000 | 13698500.0000 | 7015500.0000 | 1223900.0000 |
| 2023-09 | 321000000.0000 | 43988200.0000 | 22984300.0000 | 1782900.0000 |
| 2023-06 | 211000000.0000 | 29800900.0000 | 16483000.0000 | 1704600.0000 |
| 2022-12 | 481000000.0000 | 46582100.0000 | 30056500.0000 | 3141700.0000 |
| 2022-09 | 337000000.0000 | 36162300.0000 | 22846400.0000 | 3266000.0000 |
| 2022-06 | 259000000.0000 | 23053000.0000 | 16071600.0000 | 2506600.0000 |
| 2021-09 | 296000000.0000 | 36078500.0000 | 18954800.0000 | 3756700.0000 |
| 2022-03 | 71759100.0000 | 12647500.0000 | 7598500.0000 | 1275600.0000 |
| 2021-12 | 498000000.0000 | 54109500.0000 | 28250700.0000 | 5393600.0000 |
| 2021-03 | 79430700.0000 | 12988600.0000 | 5655900.0000 | 1612600.0000 |
| 2020-12 | 495000000.0000 | 45009800.0000 | 22312400.0000 | 2965500.0000 |
| 2021-06 | 249000000.0000 | 24603600.0000 | 12835800.0000 | 2815800.0000 |
| 2020-06 | 154000000.0000 | 20258900.0000 | 11492400.0000 | 1910500.0000 |
| 2020-09 | 288000000.0000 | 31764700.0000 | 16221000.0000 | 2682800.0000 |
| 2020-03 | 57098300.0000 | 10158100.0000 | 5157200.0000 | 830200.0000 |
| 2019-12 | 464000000.0000 | 52274500.0000 | 26879700.0000 | 4961200.0000 |
| 2019-09 | 274000000.0000 | 41496300.0000 | 18678800.0000 | 2939800.0000 |
| 2019-06 | 185000000.0000 | 28749200.0000 | 10955900.0000 | 2076000.0000 |
| 2019-03 | 112000000.0000 | 17377800.0000 | 5898600.0000 | 1063700.0000 |
| 2018-12 | 305000000.0000 | 54484500.0000 | 21293400.0000 | 4460900.0000 |
| 2018-09 | 217000000.0000 | 39905600.0000 | 15781100.0000 | 3037300.0000 |
| 2018-03 | 70325400.0000 | 12502400.0000 | 6628700.0000 | 892500.0000 |
| 2018-06 | 146000000.0000 | 26129400.0000 | 10877200.0000 | 2022600.0000 |
| 2017-09 | 251000000.0000 | 48937300.0000 | 16259300.0000 | 370900.0000 |
| 2017-06 | 177000000.0000 | 37004600.0000 | 18092000.0000 | 672200.0000 |
| 2017-12 | 312000000.0000 | 57943100.0000 | 23421500.0000 | 1402100.0000 |
| 2016-09 | 256000000.0000 | 59543700.0000 | 27777600.0000 | 971500.0000 |
| 2016-12 | 329000000.0000 | 77124900.0000 | 40082100.0000 | 2202700.0000 |
| 2017-03 | 61399800.0000 | 15413700.0000 | 8554200.0000 | 134100.0000 |
| 2015-06 | 148000000.0000 | 32875600.0000 | 16922500.0000 | 4666400.0000 |
| 2016-06 | 188000000.0000 | 42666900.0000 | 17916300.0000 | 1522800.0000 |
| 2015-12 | 343000000.0000 | 82149300.0000 | 39114400.0000 | 7612600.0000 |
| 2014-12 | 244000000.0000 | 47830400.0000 | 28564300.0000 | 9036500.0000 |
| 2015-05 | 126000000.0000 | 29328600.0000 | 14360600.0000 | 3965600.0000 |
| 2013-12 | 227000000.0000 | 52856200.0000 | 26642000.0000 | 6176200.0000 |
| 2025-06 | 326000000.0000 | 45291200.0000 | 19664400.0000 | 2423500.0000 |
| 2025-09 | 530000000.0000 | 67402400.0000 | 31118500.0000 | -2940300.0000 |