中商官网
研究报告
盛德鑫泰（300881）
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 | 676000000.0000 | 13.80 | 63832700.0000 | 10.24 | 63113500.0000 | 3.42 | 53310400.0000 | 1.90 |
| 2024-09-30 | 1954000000.0000 | 57.84 | 218000000.0000 | 170.32 | 218000000.0000 | 172.23 | 197000000.0000 | 171.98 |
| 2024-06-30 | 1316000000.0000 | 83.29 | 136000000.0000 | 148.41 | 137000000.0000 | 151.50 | 122000000.0000 | 137.28 |
| 2024-12-31 | 2663000000.0000 | 34.43 | 260000000.0000 | 87.05 | 259000000.0000 | 87.68 | 232000000.0000 | 84.13 |
| 2024-03-31 | 594000000.0000 | 94.75 | 57902500.0000 | 148.03 | 61028100.0000 | 161.41 | 52317300.0000 | 160.08 |
| 2023-12-31 | 1981000000.0000 | 64.13 | 139000000.0000 | 68.68 | 138000000.0000 | 72.58 | 126000000.0000 | 71.54 |
| 2023-09-30 | 1238000000.0000 | 39.57 | 80643700.0000 | 39.48 | 80080500.0000 | 42.87 | 72431400.0000 | 53.73 |
| 2023-03-31 | 305000000.0000 | 15.53 | 23345400.0000 | 44.75 | 23346000.0000 | 50.83 | 20115800.0000 | 53.71 |
| 2023-06-30 | 718000000.0000 | 25.09 | 54747900.0000 | 52.39 | 54473500.0000 | 58.97 | 51416200.0000 | 79.45 |
| 2022-12-31 | 1207000000.0000 | 7.48 | 82406600.0000 | 54.81 | 79963600.0000 | 44.03 | 73450500.0000 | 40.32 |
| 2022-09-30 | 887000000.0000 | 8.57 | 57815500.0000 | 49.22 | 56053000.0000 | 45.65 | 47115900.0000 | 46.33 |
| 2022-06-30 | 574000000.0000 | 15.49 | 35926700.0000 | 42.80 | 34266500.0000 | 36.26 | 28651600.0000 | 35.54 |
| 2021-09-30 | 817000000.0000 | 28.86 | 38745400.0000 | -16.71 | 38485400.0000 | -15.42 | 32197800.0000 | -13.22 |
| 2021-12-31 | 1123000000.0000 | 27.47 | 53232200.0000 | -14.22 | 55517000.0000 | -8.04 | 52344600.0000 | 0.46 |
| 2022-03-31 | 264000000.0000 | 28.16 | 16128100.0000 | 23.51 | 15477900.0000 | 18.62 | 13087200.0000 | 11.81 |
| 2021-03-31 | 206000000.0000 | 19.77 | 13058500.0000 | -9.32 | 13048500.0000 | -2.62 | 11704400.0000 | 3.81 |
| 2021-06-30 | 497000000.0000 | 21.81 | 25158800.0000 | -9.19 | 25148800.0000 | -5.82 | 21139500.0000 | -5.75 |
| 2020-12-31 | 881000000.0000 | -2.65 | 62059200.0000 | -23.22 | 60370100.0000 | -25.03 | 52106000.0000 | -25.44 |
| 2020-09-30 | 634000000.0000 | -3.65 | 46516100.0000 | -14.54 | 45504400.0000 | -15.94 | 37103800.0000 | -19.37 |
| 2020-03-31 | 172000000.0000 | -- | 14400900.0000 | -- | 13400000.0000 | -- | 11275000.0000 | -- |
| 2020-06-30 | 408000000.0000 | -2.63 | 27703800.0000 | -23.89 | 26702100.0000 | -26.15 | 22429900.0000 | -22.98 |
| 2019-09-30 | 658000000.0000 | -- | 54433100.0000 | -- | 54135000.0000 | -- | 46019500.0000 | -- |
| 2019-06-30 | 419000000.0000 | -- | 36398100.0000 | -- | 36155000.0000 | -- | 29121000.0000 | -- |
| 2019-12-31 | 905000000.0000 | 3.55 | 80830700.0000 | 15.11 | 80530400.0000 | 14.78 | 69881100.0000 | 14.17 |
| 2018-12-31 | 874000000.0000 | 14.85 | 70219900.0000 | 163.70 | 70161700.0000 | 172.16 | 61207500.0000 | 205.89 |
| 2017-12-31 | 761000000.0000 | 33.04 | 26629000.0000 | -46.86 | 25779200.0000 | -48.96 | 20009800.0000 | -53.28 |
| 2016-12-31 | 572000000.0000 | -- | 50110800.0000 | -- | 50510100.0000 | -- | 42831600.0000 | -- |
| 2014-09-30 | 487000000.0000 | 12.47 | 20110400.0000 | 24.34 | 20800900.0000 | 23.39 | 17680800.0000 | 23.39 |
| 2014-12-31 | 636000000.0000 | 5.65 | 29676800.0000 | 12.92 | 31124100.0000 | 14.78 | 27994300.0000 | 17.21 |
| 2015-03-31 | 108000000.0000 | -21.17 | 3507300.0000 | -36.04 | 4166900.0000 | -23.11 | 3541900.0000 | -23.11 |
| 2014-06-30 | 313000000.0000 | 19.01 | 17081300.0000 | 116.10 | 16976900.0000 | 105.84 | 14430400.0000 | 105.84 |
| 2014-03-31 | 137000000.0000 | 33.01 | 5483400.0000 | 8645.45 | 5419600.0000 | 538.35 | 4606700.0000 | 442.60 |
| 2013-12-31 | 602000000.0000 | 14.02 | 26281300.0000 | 52.56 | 27117100.0000 | 56.53 | 23884900.0000 | 52.98 |
| 2013-06-30 | 263000000.0000 | -0.75 | 7904400.0000 | -33.32 | 8247600.0000 | -34.71 | 7010500.0000 | -34.71 |
| 2013-09-30 | 433000000.0000 | 10.74 | 16173200.0000 | 11.09 | 16858200.0000 | 10.35 | 14329500.0000 | 10.35 |
| 2013-03-31 | 103000000.0000 | -17.60 | 62700.0000 | -99.17 | 849000.0000 | -89.85 | 849000.0000 | -88.06 |
| 2012-12-31 | 528000000.0000 | -15.25 | 17227200.0000 | -60.27 | 17323700.0000 | -58.95 | 15613100.0000 | -57.46 |
| 2012-09-30 | 391000000.0000 | -14.63 | 14558200.0000 | -50.58 | 15276400.0000 | -47.39 | 12985000.0000 | -47.39 |
| 2011-12-31 | 623000000.0000 | 33.12 | 43361200.0000 | 20.06 | 42202000.0000 | 16.91 | 36698900.0000 | 9.87 |
| 2012-06-30 | 265000000.0000 | -- | 11854400.0000 | -- | 12632700.0000 | -- | 10737800.0000 | -- |
| 2012-03-31 | 125000000.0000 | -- | 7581300.0000 | -- | 8363500.0000 | -- | 7109000.0000 | -- |
| 2011-09-30 | 458000000.0000 | -- | 29460600.0000 | -- | 29037100.0000 | -- | 24681500.0000 | -- |
| 2010-12-31 | 468000000.0000 | -25.36 | 36115200.0000 | 15.80 | 36097300.0000 | 18.29 | 33400700.0000 | 26.61 |
| 2009-12-31 | 627000000.0000 | -12.55 | 31186300.0000 | 12.72 | 30516800.0000 | 10.07 | 26379800.0000 | 12.40 |
| 2008-12-31 | 717000000.0000 | 265.82 | 27666200.0000 | 37.61 | 27724300.0000 | 38.84 | 23469500.0000 | 24.60 |
| 2007-12-31 | 196000000.0000 | -- | 20105500.0000 | -- | 19969000.0000 | -- | 18835800.0000 | -- |
| 2025-06-30 | 1490000000.0000 | 13.22 | 102000000.0000 | -25.00 | 102000000.0000 | -25.55 | 86450100.0000 | -29.14 |
| 2025-09-30 | 2325000000.0000 | 18.99 | 185000000.0000 | -15.14 | 183000000.0000 | -16.06 | -- | -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 | 8.73 | 9.34 | 2.00 | 4.6000 | 0.9700 | 4.57 | 0.21 |
| 2024-09 | 10.08 | 11.16 | 7.60 | 19.5400 | 3.1000 | 3.84 | 0.68 |
| 2024-06 | 8.81 | 10.41 | 4.39 | 11.2900 | 2.1400 | 4.14 | 0.42 |
| 2024-12 | 9.09 | 9.73 | 8.34 | 21.7800 | 4.2800 | 4.62 | 0.86 |
| 2024-03 | 8.25 | 10.27 | 2.12 | 4.8100 | 0.9400 | 3.46 | 0.21 |
| 2023-12 | 6.71 | 6.97 | 4.87 | 13.7200 | 4.5300 | 4.76 | 0.70 |
| 2023-09 | 6.70 | 6.47 | 3.93 | 8.4300 | 3.3400 | 4.61 | 0.61 |
| 2023-03 | 7.87 | 7.65 | 1.44 | 2.3700 | 0.8700 | 4.77 | 0.19 |
| 2023-06 | 7.94 | 7.59 | 3.08 | 5.9900 | 1.8100 | 5.01 | 0.41 |
| 2022-12 | 6.38 | 6.62 | 5.01 | 9.1100 | 4.2900 | 4.69 | 0.76 |
| 2022-09 | 6.43 | 6.32 | 3.60 | 5.9300 | 3.1200 | 3.86 | 0.57 |
| 2022-06 | 6.10 | 5.97 | 2.22 | 3.6300 | 2.0700 | 3.62 | 0.37 |
| 2021-09 | 4.16 | 4.71 | 2.92 | 3.7100 | 3.6300 | 3.57 | 0.62 |
| 2021-12 | 3.74 | 4.94 | 3.69 | 6.9200 | 5.3900 | 3.89 | 0.75 |
| 2022-03 | 5.68 | 5.86 | 1.00 | 1.6700 | 1.0000 | 3.49 | 0.17 |
| 2021-03 | 4.37 | 6.33 | 1.05 | 1.5800 | 0.9300 | 3.04 | 0.17 |
| 2021-06 | 4.43 | 5.06 | 1.94 | 2.8500 | 2.0800 | 3.56 | 0.38 |
| 2020-12 | 6.58 | 6.85 | 5.24 | 10.3700 | 4.8400 | 3.17 | 0.76 |
| 2020-09 | 7.10 | 7.18 | 3.71 | 8.7200 | 3.3500 | 2.86 | 0.52 |
| 2020-03 | 7.56 | 7.79 | -- | 2.9800 | -- | -- | -- |
| 2020-06 | 6.62 | 6.54 | 2.98 | 5.8500 | 2.2200 | 2.63 | 0.45 |
| 2019-09 | 8.05 | 8.23 | -- | -- | -- | -- | -- |
| 2019-06 | 8.83 | 8.63 | 4.62 | -- | 2.0000 | 3.26 | 0.54 |
| 2019-12 | 8.84 | 8.90 | 8.60 | 20.6900 | 4.5200 | 3.44 | 0.97 |
| 2018-12 | 8.01 | 8.03 | 8.83 | 22.4700 | 4.4200 | 3.79 | 1.10 |
| 2017-12 | 3.42 | 3.39 | 3.78 | 9.0000 | 4.3000 | 3.97 | 1.12 |
| 2016-12 | 8.74 | 8.83 | 8.21 | 22.3500 | 3.2300 | 3.33 | 0.93 |
| 2014-09 | 4.11 | 4.27 | 3.44 | -- | 3.2200 | 2.91 | 0.80 |
| 2014-12 | 4.56 | 4.89 | 4.83 | -- | 4.4200 | 2.77 | 0.99 |
| 2015-03 | 2.78 | 3.86 | 0.72 | -- | 0.7500 | 2.02 | 0.19 |
| 2014-06 | 5.43 | 5.42 | 2.75 | -- | 2.0000 | 2.86 | 0.51 |
| 2014-03 | 3.65 | 3.96 | 0.87 | -- | 0.8300 | 2.58 | 0.22 |
| 2013-12 | 4.49 | 4.50 | 4.30 | -- | 4.2300 | 2.89 | 0.95 |
| 2013-06 | 2.28 | 3.14 | 1.43 | -- | 1.9700 | 2.54 | 0.46 |
| 2013-09 | 3.93 | 3.89 | 2.81 | -- | 3.0700 | 2.99 | 0.72 |
| 2013-03 | -0.97 | 0.82 | 0.16 | -- | 0.7700 | 2.39 | 0.19 |
| 2012-12 | 3.03 | 3.28 | 3.15 | -- | 4.1200 | 2.75 | 0.96 |
| 2012-09 | 2.81 | 3.91 | 2.65 | -- | 2.9600 | 2.53 | 0.68 |
| 2011-12 | 4.49 | 6.77 | 7.13 | -- | 5.7900 | 3.90 | 1.05 |
| 2012-06 | 3.02 | 4.77 | 2.03 | -- | 1.9800 | 2.54 | 0.43 |
| 2012-03 | 4.80 | 6.69 | 1.39 | -- | 0.9000 | 2.52 | 0.21 |
| 2011-09 | 3.71 | 6.34 | 4.96 | -- | 4.2900 | 3.99 | 0.78 |
| 2010-12 | 6.62 | 7.71 | 8.43 | -- | 5.8700 | 4.14 | 1.09 |
| 2009-12 | 4.94 | 4.87 | 7.46 | -- | 7.8800 | 8.05 | 1.53 |
| 2008-12 | 3.91 | 3.87 | 10.08 | -- | 10.6900 | 15.09 | 2.61 |
| 2007-12 | 10.20 | 10.19 | 11.03 | -- | 3.8000 | 5.13 | 1.08 |
| 2025-06 | 6.38 | 6.85 | 3.12 | 7.7200 | 2.2500 | 4.36 | 0.46 |
| 2025-09 | 6.97 | 7.87 | -- | -- | -- | -- | -- |
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 | 61.71 | 38.29 | 1.3100 | 0.8500 |
| 2024-09 | 58.35 | 41.61 | 1.3400 | 0.9000 |
| 2024-06 | 64.19 | 35.81 | 1.2100 | 0.8800 |
| 2024-12 | 62.75 | 37.25 | 1.1600 | 0.7900 |
| 2024-03 | 61.47 | 38.53 | 1.3100 | 0.9100 |
| 2023-12 | 62.37 | 37.63 | 1.2700 | 0.9200 |
| 2023-09 | 57.06 | 42.89 | 1.3300 | 0.9500 |
| 2023-03 | 46.88 | 53.12 | 1.6900 | 1.1800 |
| 2023-06 | 51.69 | 48.25 | 1.5500 | 1.0600 |
| 2022-12 | 47.43 | 52.57 | 1.6900 | 1.2500 |
| 2022-09 | 47.85 | 52.22 | 1.7200 | 1.2900 |
| 2022-06 | 48.61 | 51.33 | 1.7100 | 1.3200 |
| 2021-09 | 42.55 | 57.45 | 2.0200 | 1.5100 |
| 2021-12 | 48.37 | 51.63 | 1.7500 | 1.4000 |
| 2022-03 | 48.97 | 51.03 | 1.7300 | 1.3300 |
| 2021-03 | 39.79 | 60.21 | 2.2000 | 1.5500 |
| 2021-06 | 42.47 | 57.53 | 2.0400 | 1.4600 |
| 2020-12 | 36.08 | 63.92 | 2.4500 | 1.9500 |
| 2020-09 | 41.14 | 58.94 | 2.1800 | 1.7600 |
| 2020-03 | -- | -- | -- | -- |
| 2020-06 | 56.08 | 44.04 | 1.5200 | 1.1600 |
| 2019-09 | -- | -- | -- | -- |
| 2019-06 | 57.29 | 42.71 | 1.5100 | 1.0900 |
| 2019-12 | 60.26 | 39.74 | 1.4200 | 1.0800 |
| 2018-12 | 61.89 | 38.11 | 1.4000 | 1.0100 |
| 2017-12 | 64.52 | 35.48 | 1.3200 | 0.9100 |
| 2016-12 | 65.53 | 34.47 | 1.2800 | 0.8600 |
| 2014-09 | 61.82 | 38.18 | 1.5700 | 1.1700 |
| 2014-12 | 62.73 | 37.27 | 1.5500 | 1.2200 |
| 2015-03 | 57.89 | 42.11 | 1.7100 | 1.3100 |
| 2014-06 | 63.43 | 36.57 | 1.5200 | 1.1300 |
| 2014-03 | 65.28 | 34.72 | 1.4800 | 1.0400 |
| 2013-12 | 66.40 | 33.60 | 1.4500 | 1.0800 |
| 2013-06 | 66.09 | 33.91 | 1.4400 | 1.0200 |
| 2013-09 | 66.00 | 33.83 | 1.4500 | 0.3600 |
| 2013-03 | 65.45 | 34.55 | 1.4600 | 0.9700 |
| 2012-12 | 65.82 | 34.18 | 1.4400 | 1.0300 |
| 2012-09 | 67.53 | 32.29 | 1.4100 | 1.0000 |
| 2011-12 | 70.95 | 29.05 | 1.2300 | 0.8700 |
| 2012-06 | 70.53 | 29.47 | 1.3600 | 0.9900 |
| 2012-03 | 70.22 | 29.78 | 1.2500 | 0.8700 |
| 2011-09 | 72.53 | 27.47 | 1.2000 | 0.8200 |
| 2010-12 | 68.46 | 31.54 | 1.2300 | 0.7900 |
| 2009-12 | 68.95 | 31.05 | 1.2500 | 0.7300 |
| 2008-12 | 63.27 | 36.73 | 1.3100 | 0.6500 |
| 2007-12 | 57.46 | 42.71 | 1.3300 | 0.6600 |
| 2025-06 | 65.35 | 34.62 | 1.1700 | 0.8200 |
| 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 | 617000000.0000 | 4440400.0000 | 23915500.0000 | 3972700.0000 |
| 2024-09 | 1757000000.0000 | 7659800.0000 | 62865100.0000 | 15382100.0000 |
| 2024-06 | 1200000000.0000 | 5014500.0000 | 43416800.0000 | 10204500.0000 |
| 2024-12 | 2421000000.0000 | 10138600.0000 | 83599100.0000 | 22442200.0000 |
| 2024-03 | 545000000.0000 | 8466100.0000 | 25802700.0000 | 3794700.0000 |
| 2023-12 | 1848000000.0000 | 5803000.0000 | 48641600.0000 | 8988200.0000 |
| 2023-09 | 1155000000.0000 | 3585600.0000 | 26173200.0000 | 2408700.0000 |
| 2023-03 | 281000000.0000 | 1277900.0000 | 5978900.0000 | 881700.0000 |
| 2023-06 | 661000000.0000 | 2418800.0000 | 16271900.0000 | 3038900.0000 |
| 2022-12 | 1130000000.0000 | 3872700.0000 | 29189600.0000 | 6651700.0000 |
| 2022-09 | 830000000.0000 | 2685000.0000 | 19408500.0000 | 5756700.0000 |
| 2022-06 | 539000000.0000 | 1750000.0000 | 12822000.0000 | 4918800.0000 |
| 2021-09 | 783000000.0000 | 2525400.0000 | 20314200.0000 | 6386600.0000 |
| 2021-12 | 1081000000.0000 | 3230600.0000 | 28723700.0000 | 6119500.0000 |
| 2022-03 | 249000000.0000 | 978400.0000 | 6249200.0000 | 3445100.0000 |
| 2021-03 | 197000000.0000 | 734800.0000 | 6270300.0000 | 1778600.0000 |
| 2021-06 | 475000000.0000 | 1615200.0000 | 13521900.0000 | 3408100.0000 |
| 2020-12 | 823000000.0000 | 3015700.0000 | 17576200.0000 | 9255800.0000 |
| 2020-09 | 589000000.0000 | 13666900.0000 | 14342300.0000 | 6496600.0000 |
| 2020-03 | 159000000.0000 | 3070000.0000 | 3898100.0000 | 2175100.0000 |
| 2020-06 | 381000000.0000 | 8542600.0000 | 8241700.0000 | 4483000.0000 |
| 2019-09 | 605000000.0000 | 15650900.0000 | 16539500.0000 | 7666500.0000 |
| 2019-06 | 382000000.0000 | 9375600.0000 | 11666000.0000 | 4662500.0000 |
| 2019-12 | 825000000.0000 | 22448100.0000 | 22030200.0000 | 8658500.0000 |
| 2018-12 | 804000000.0000 | 21324000.0000 | 20519200.0000 | 12185300.0000 |
| 2017-12 | 735000000.0000 | 25702700.0000 | 40211500.0000 | 15827500.0000 |
| 2016-12 | 522000000.0000 | 24106200.0000 | 17914200.0000 | 11666500.0000 |
| 2014-09 | 467000000.0000 | 18752000.0000 | 29706300.0000 | 16294100.0000 |
| 2014-12 | 607000000.0000 | 29347200.0000 | 38767400.0000 | 19619800.0000 |
| 2015-03 | 105000000.0000 | 10471800.0000 | 7877900.0000 | 4269300.0000 |
| 2014-06 | 296000000.0000 | 10335000.0000 | 19010900.0000 | 11274200.0000 |
| 2014-03 | 132000000.0000 | 4250100.0000 | 9714300.0000 | 6002200.0000 |
| 2013-12 | 575000000.0000 | 26293500.0000 | 35685500.0000 | 18377700.0000 |
| 2013-06 | 257000000.0000 | 11470100.0000 | 16533200.0000 | 6679000.0000 |
| 2013-09 | 416000000.0000 | 17842500.0000 | 24957900.0000 | 13118000.0000 |
| 2013-03 | 104000000.0000 | 5385300.0000 | 7511700.0000 | 2759300.0000 |
| 2012-12 | 512000000.0000 | 21268700.0000 | 34449100.0000 | 18374900.0000 |
| 2012-09 | 380000000.0000 | 16214600.0000 | 26160400.0000 | 13164100.0000 |
| 2011-12 | 595000000.0000 | 27456000.0000 | 37189100.0000 | 12584100.0000 |
| 2012-06 | 257000000.0000 | 11474400.0000 | 18810900.0000 | 7744500.0000 |
| 2012-03 | 119000000.0000 | 5892300.0000 | 9022200.0000 | 3513600.0000 |
| 2011-09 | 441000000.0000 | 19041500.0000 | 25053800.0000 | 6721200.0000 |
| 2010-12 | 437000000.0000 | 17848200.0000 | 28018100.0000 | 4915700.0000 |
| 2009-12 | 596000000.0000 | 21644700.0000 | 36907100.0000 | 2537500.0000 |
| 2008-12 | 689000000.0000 | 10428700.0000 | 31472000.0000 | 5081200.0000 |
| 2007-12 | 176000000.0000 | 6401000.0000 | 5957300.0000 | 2231500.0000 |
| 2025-06 | 1395000000.0000 | 5006900.0000 | 41309300.0000 | 11332300.0000 |
| 2025-09 | 2163000000.0000 | -- | 61065300.0000 | -- |