中商官网
研究报告
怡合达（301029）
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 | 620000000.0000 | 14.81 | 138000000.0000 | 25.45 | 137000000.0000 | 24.55 | 122000000.0000 | 26.70 |
| 2024-06-30 | 1231000000.0000 | -19.38 | 253000000.0000 | -36.43 | 253000000.0000 | -36.43 | 223000000.0000 | -35.55 |
| 2024-12-31 | 2504000000.0000 | -13.09 | 455000000.0000 | -26.38 | 456000000.0000 | -26.57 | 404000000.0000 | -26.01 |
| 2024-09-30 | 1857000000.0000 | -15.74 | 373000000.0000 | -28.13 | 373000000.0000 | -28.13 | 328000000.0000 | -27.43 |
| 2023-09-30 | 2204000000.0000 | 20.24 | 519000000.0000 | 7.68 | 519000000.0000 | 7.68 | 452000000.0000 | 8.39 |
| 2023-12-31 | 2881000000.0000 | 14.55 | 618000000.0000 | 6.92 | 621000000.0000 | 7.44 | 546000000.0000 | 7.91 |
| 2024-03-31 | 540000000.0000 | -23.30 | 110000000.0000 | -42.11 | 110000000.0000 | -42.11 | 96286800.0000 | -40.19 |
| 2023-03-31 | 704000000.0000 | 44.56 | 190000000.0000 | 61.02 | 190000000.0000 | 61.02 | 161000000.0000 | 59.41 |
| 2022-12-31 | 2515000000.0000 | 39.49 | 578000000.0000 | 24.57 | 578000000.0000 | 24.57 | 506000000.0000 | 26.18 |
| 2023-06-30 | 1527000000.0000 | 31.19 | 398000000.0000 | 32.23 | 398000000.0000 | 32.23 | 346000000.0000 | 34.11 |
| 2022-09-30 | 1833000000.0000 | 37.92 | 482000000.0000 | 36.54 | 482000000.0000 | 36.54 | 417000000.0000 | 35.83 |
| 2022-03-31 | 487000000.0000 | 52.66 | 118000000.0000 | 66.64 | 118000000.0000 | 66.61 | 101000000.0000 | 63.74 |
| 2022-06-30 | 1164000000.0000 | 36.62 | 301000000.0000 | 33.19 | 301000000.0000 | 33.19 | 258000000.0000 | 30.96 |
| 2021-12-31 | 1803000000.0000 | 49.01 | 464000000.0000 | 48.72 | 464000000.0000 | 48.24 | 401000000.0000 | 47.97 |
| 2021-06-30 | 852000000.0000 | 59.25 | 226000000.0000 | 60.28 | 226000000.0000 | 61.43 | 197000000.0000 | 62.81 |
| 2021-09-30 | 1329000000.0000 | 60.31 | 353000000.0000 | 63.43 | 353000000.0000 | 64.19 | 307000000.0000 | 65.05 |
| 2021-03-31 | 319000000.0000 | 105.81 | 70810300.0000 | 144.66 | 70822400.0000 | 153.85 | 61684900.0000 | 152.61 |
| 2020-09-30 | 829000000.0000 | 54.09 | 216000000.0000 | -- | 215000000.0000 | 88.60 | 186000000.0000 | 87.65 |
| 2020-12-31 | 1210000000.0000 | 59.00 | 312000000.0000 | 86.83 | 313000000.0000 | 88.55 | 271000000.0000 | 88.19 |
| 2020-03-31 | 155000000.0000 | -7.19 | 28941800.0000 | -26.20 | 27899800.0000 | -28.86 | 24419200.0000 | -28.11 |
| 2020-06-30 | 535000000.0000 | 62.61 | 141000000.0000 | -- | 140000000.0000 | -- | 121000000.0000 | 91.96 |
| 2019-12-31 | 761000000.0000 | 21.76 | 167000000.0000 | 46.49 | 166000000.0000 | 46.90 | 144000000.0000 | 47.55 |
| 2019-03-31 | 167000000.0000 | -- | 39216300.0000 | -- | 39215700.0000 | -- | 33966500.0000 | -- |
| 2019-09-30 | 538000000.0000 | -- | -- | NaN | 114000000.0000 | -- | 99122200.0000 | -- |
| 2019-06-30 | 329000000.0000 | -- | -- | NaN | -- | NaN | 63034500.0000 | -- |
| 2017-12-31 | 376000000.0000 | -- | 70739700.0000 | -- | 73518300.0000 | -- | 63821100.0000 | -- |
| 2018-12-31 | 625000000.0000 | 66.22 | 114000000.0000 | 61.15 | 113000000.0000 | 53.70 | 97592400.0000 | 52.92 |
| 2025-06-30 | 1461000000.0000 | 18.68 | 324000000.0000 | 28.06 | 322000000.0000 | 27.27 | 282000000.0000 | 26.46 |
| 2025-09-30 | 2197000000.0000 | 18.31 | 476000000.0000 | 27.61 | 474000000.0000 | 27.08 | 417000000.0000 | 27.13 |
| 2026-03-31 | 746000000.0000 | 20.32 | 151000000.0000 | 9.42 | 148000000.0000 | 8.03 | 129000000.0000 | 5.74 |
| 2025-12-31 | 2948000000.0000 | 17.73 | 582000000.0000 | 27.91 | 581000000.0000 | 27.41 | 512000000.0000 | 26.73 |
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 | 21.61 | 22.10 | 2.87 | 2.9200 | 0.8000 | 3.24 | 0.13 |
| 2024-06 | 19.50 | 20.55 | 6.98 | 7.0800 | 1.6400 | 3.16 | 0.34 |
| 2024-12 | 17.29 | 18.21 | 9.76 | 12.3100 | 3.4600 | 3.17 | 0.54 |
| 2024-09 | 19.12 | 20.09 | 10.05 | 10.5100 | 2.4900 | 3.22 | 0.50 |
| 2023-09 | 23.50 | 23.55 | 14.37 | 15.9900 | 2.3100 | 3.41 | 0.61 |
| 2023-12 | 21.03 | 21.56 | 17.02 | 19.1600 | 3.3300 | 3.55 | 0.79 |
| 2024-03 | 18.70 | 20.37 | 2.96 | 3.0900 | 0.7600 | 2.89 | 0.15 |
| 2023-03 | 26.99 | 26.99 | 5.41 | 5.8600 | 0.6800 | 3.23 | 0.20 |
| 2022-12 | 22.39 | 22.98 | 16.87 | 20.5100 | 3.0800 | 4.24 | 0.73 |
| 2023-06 | 26.00 | 26.06 | 11.02 | 12.3000 | 1.5600 | 3.18 | 0.42 |
| 2022-09 | 25.59 | 26.30 | 14.98 | 17.0300 | 2.3500 | 5.32 | 0.57 |
| 2022-03 | 23.20 | 24.23 | 4.16 | 4.3700 | 0.7000 | 5.10 | 0.17 |
| 2022-06 | 24.83 | 25.86 | 9.79 | 10.7700 | 1.5300 | 5.06 | 0.38 |
| 2021-12 | 25.29 | 25.73 | 16.72 | 22.6600 | 3.3500 | 5.90 | 0.65 |
| 2021-06 | 26.17 | 26.53 | 11.61 | 13.5100 | 1.7100 | 5.54 | 0.44 |
| 2021-09 | 26.26 | 26.56 | 13.81 | 20.3000 | 2.5500 | 5.84 | 0.52 |
| 2021-03 | 21.94 | 22.20 | 4.04 | 4.4400 | 0.6800 | 5.27 | 0.18 |
| 2020-09 | 24.97 | 25.93 | 14.02 | -- | -- | -- | 0.54 |
| 2020-12 | 24.88 | 25.87 | 18.79 | 22.0700 | 3.1700 | 5.93 | 0.73 |
| 2020-03 | 17.42 | 18.00 | 2.14 | -- | -- | -- | 0.12 |
| 2020-06 | 25.05 | 26.17 | 9.62 | 10.4200 | 1.4900 | 5.09 | 0.37 |
| 2019-12 | 19.71 | 21.81 | 12.75 | 15.6300 | 2.3700 | 4.93 | 0.58 |
| 2019-03 | 100.00 | 23.48 | -- | -- | -- | -- | -- |
| 2019-09 | 100.00 | 21.19 | -- | -- | -- | -- | -- |
| 2019-06 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2017-12 | 18.09 | 19.55 | 20.20 | 42.4900 | 1.5500 | 5.60 | 1.03 |
| 2018-12 | 17.12 | 18.08 | 14.79 | 20.8600 | 2.2800 | 6.13 | 0.82 |
| 2025-06 | 21.29 | 22.04 | 6.66 | 6.6700 | 1.8700 | 3.48 | 0.30 |
| 2025-09 | 20.89 | 21.57 | 9.77 | 9.8800 | 2.8700 | 3.55 | 0.45 |
| 2026-03 | 19.44 | 19.84 | 2.83 | 2.9200 | 0.8600 | 3.82 | 0.14 |
| 2025-12 | 18.55 | 19.71 | 11.56 | 12.0900 | 3.8500 | 3.72 | 0.59 |
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 | 11.46 | 88.54 | 6.6500 | 5.6800 |
| 2024-06 | 15.40 | 84.58 | 4.6600 | 3.7300 |
| 2024-12 | 11.95 | 88.03 | 6.2900 | 5.4200 |
| 2024-09 | 14.55 | 85.45 | 4.9200 | 3.9600 |
| 2023-09 | 17.25 | 82.75 | 4.4100 | 3.4700 |
| 2023-12 | 15.79 | 84.21 | 4.7300 | 3.8700 |
| 2024-03 | 14.72 | 85.26 | 5.0100 | 4.1300 |
| 2023-03 | 19.46 | 80.54 | 3.9500 | 3.0300 |
| 2022-12 | 22.18 | 77.82 | 3.5400 | 2.7000 |
| 2023-06 | 20.62 | 79.38 | 3.7100 | 2.9300 |
| 2022-09 | 20.42 | 79.58 | 3.8000 | 2.9300 |
| 2022-03 | 16.70 | 83.30 | 4.6000 | 3.5700 |
| 2022-06 | 21.93 | 78.07 | 3.5000 | 2.6900 |
| 2021-12 | 18.45 | 81.55 | 4.0800 | 3.2900 |
| 2021-06 | 20.13 | 79.82 | 3.5000 | 2.6300 |
| 2021-09 | 15.17 | 84.83 | 5.0100 | 4.0400 |
| 2021-03 | 19.05 | 80.95 | 3.7600 | 2.7700 |
| 2020-09 | 17.03 | 82.97 | -- | -- |
| 2020-12 | 18.49 | 81.51 | 3.9900 | 3.1700 |
| 2020-03 | 14.67 | 85.33 | -- | -- |
| 2020-06 | 17.04 | 82.96 | 4.6300 | 3.6900 |
| 2019-12 | 14.36 | 85.64 | 5.9400 | 4.8600 |
| 2019-03 | -- | -- | -- | -- |
| 2019-09 | -- | -- | -- | -- |
| 2019-06 | -- | -- | -- | -- |
| 2017-12 | 36.26 | 63.74 | 2.5200 | 1.4300 |
| 2018-12 | 20.03 | 79.97 | 4.3600 | 3.1800 |
| 2025-06 | 13.09 | 86.91 | 5.6800 | 4.8600 |
| 2025-09 | 12.29 | 87.71 | 5.9000 | 5.0600 |
| 2026-03 | 14.09 | 85.93 | 5.0900 | 4.2300 |
| 2025-12 | 13.25 | 86.73 | 5.3900 | 4.6400 |
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 | 486000000.0000 | 29858900.0000 | 47301500.0000 | -3920900.0000 |
| 2024-06 | 991000000.0000 | 67411800.0000 | 92817400.0000 | 190900.0000 |
| 2024-12 | 2071000000.0000 | 137000000.0000 | 203000000.0000 | 334400.0000 |
| 2024-09 | 1502000000.0000 | 100000000.0000 | 139000000.0000 | -26616800.0000 |
| 2023-09 | 1686000000.0000 | 101000000.0000 | 136000000.0000 | -4303400.0000 |
| 2023-12 | 2275000000.0000 | 143000000.0000 | 190000000.0000 | 1246000.0000 |
| 2024-03 | 439000000.0000 | 28968200.0000 | 40252100.0000 | -2053700.0000 |
| 2023-03 | 514000000.0000 | 26833000.0000 | 41879900.0000 | -2038300.0000 |
| 2022-12 | 1952000000.0000 | 121000000.0000 | 181000000.0000 | 2863500.0000 |
| 2023-06 | 1130000000.0000 | 61436100.0000 | 85475000.0000 | 27000.0000 |
| 2022-09 | 1364000000.0000 | 77701400.0000 | 112000000.0000 | -8480800.0000 |
| 2022-03 | 374000000.0000 | 23998100.0000 | 31199100.0000 | -1272600.0000 |
| 2022-06 | 875000000.0000 | 52407200.0000 | 72796100.0000 | -1580600.0000 |
| 2021-12 | 1347000000.0000 | 88162400.0000 | 118000000.0000 | 657800.0000 |
| 2021-06 | 629000000.0000 | 59675300.0000 | 49849200.0000 | 255100.0000 |
| 2021-09 | 980000000.0000 | 86989600.0000 | 84046800.0000 | -5249600.0000 |
| 2021-03 | 249000000.0000 | 27195200.0000 | 24237800.0000 | -1967200.0000 |
| 2020-09 | 622000000.0000 | 62035200.0000 | 52575100.0000 | -3001500.0000 |
| 2020-12 | 909000000.0000 | 87869200.0000 | 78845100.0000 | 1409200.0000 |
| 2020-03 | 128000000.0000 | 14676700.0000 | 14499900.0000 | -1560100.0000 |
| 2020-06 | 401000000.0000 | 37682200.0000 | 33438000.0000 | -288300.0000 |
| 2019-12 | 611000000.0000 | 63762300.0000 | 64355600.0000 | -128700.0000 |
| 2019-03 | -- | -- | -- | -- |
| 2019-09 | -- | 44324700.0000 | -- | -- |
| 2019-06 | -- | -- | -- | -- |
| 2017-12 | 308000000.0000 | 31853800.0000 | 34706500.0000 | 1481500.0000 |
| 2018-12 | 518000000.0000 | 63462800.0000 | 61833000.0000 | -238500.0000 |
| 2025-06 | 1150000000.0000 | 72677600.0000 | 112000000.0000 | -3076900.0000 |
| 2025-09 | 1738000000.0000 | 113000000.0000 | 186000000.0000 | -13506900.0000 |
| 2026-03 | 601000000.0000 | 40337600.0000 | 71685700.0000 | -1342200.0000 |
| 2025-12 | 2401000000.0000 | 162000000.0000 | 289000000.0000 | 999700.0000 |