中商官网
研究报告
武汉天源（301127）
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 | 311000000.0000 | 27.98 | 57689700.0000 | 81.34 | 57432200.0000 | 80.70 | 50415700.0000 | 86.63 |
| 2024-12-31 | 1985000000.0000 | 1.95 | 392000000.0000 | 17.01 | 391000000.0000 | 17.42 | 335000000.0000 | 17.96 |
| 2024-03-31 | 243000000.0000 | -7.60 | 31812400.0000 | 3.15 | 31782600.0000 | 3.68 | 27013300.0000 | 5.64 |
| 2024-06-30 | 809000000.0000 | 28.21 | 152000000.0000 | 49.02 | 152000000.0000 | 50.50 | 121000000.0000 | 48.05 |
| 2024-09-30 | 1226000000.0000 | 4.70 | 229000000.0000 | 8.02 | 229000000.0000 | 9.05 | 188000000.0000 | 7.43 |
| 2023-06-30 | 631000000.0000 | 10.51 | 102000000.0000 | -4.67 | 101000000.0000 | -4.72 | 81728300.0000 | -6.13 |
| 2023-12-31 | 1947000000.0000 | 53.07 | 335000000.0000 | 35.08 | 333000000.0000 | 37.60 | 284000000.0000 | 39.90 |
| 2023-09-30 | 1171000000.0000 | 43.68 | 212000000.0000 | 46.21 | 210000000.0000 | 51.08 | 175000000.0000 | 56.25 |
| 2022-12-31 | 1272000000.0000 | 67.37 | 248000000.0000 | 32.62 | 242000000.0000 | 29.41 | 203000000.0000 | 26.88 |
| 2023-03-31 | 263000000.0000 | 132.74 | 30841200.0000 | 39.54 | 30654800.0000 | 42.58 | 25570600.0000 | 33.73 |
| 2022-09-30 | 815000000.0000 | 65.99 | 145000000.0000 | 25.00 | 139000000.0000 | 19.83 | 112000000.0000 | 6.67 |
| 2022-03-31 | 113000000.0000 | 19.93 | 22102100.0000 | -14.74 | 21499900.0000 | -17.03 | 19121100.0000 | -13.77 |
| 2022-06-30 | 571000000.0000 | 67.45 | 107000000.0000 | 38.50 | 106000000.0000 | 38.52 | 87069600.0000 | 31.96 |
| 2021-09-30 | 491000000.0000 | 30.93 | 116000000.0000 | -14.71 | 116000000.0000 | -14.07 | 105000000.0000 | -9.48 |
| 2021-06-30 | 341000000.0000 | 34.78 | 77259000.0000 | -17.22 | 76523700.0000 | -17.80 | 65984300.0000 | -17.97 |
| 2021-12-31 | 760000000.0000 | 38.18 | 187000000.0000 | 10.65 | 187000000.0000 | 11.31 | 160000000.0000 | 10.34 |
| 2020-09-30 | 375000000.0000 | -- | 136000000.0000 | -- | 135000000.0000 | -- | 116000000.0000 | -- |
| 2021-03-31 | 94220200.0000 | -5.74 | 25921800.0000 | -35.31 | 25912400.0000 | -35.26 | 22175600.0000 | -37.46 |
| 2020-12-31 | 550000000.0000 | 21.95 | 169000000.0000 | 60.95 | 168000000.0000 | 61.54 | 145000000.0000 | 60.09 |
| 2019-12-31 | 451000000.0000 | 70.83 | 105000000.0000 | 172.56 | 104000000.0000 | 170.81 | 90573000.0000 | 146.01 |
| 2020-03-31 | 99958300.0000 | -- | 40068100.0000 | -- | 40027400.0000 | -- | 35460400.0000 | -- |
| 2020-06-30 | 253000000.0000 | -- | 93325500.0000 | -- | 93096600.0000 | -- | 80437400.0000 | -- |
| 2018-12-31 | 264000000.0000 | 91.30 | 38524000.0000 | 198.02 | 38402600.0000 | 227.95 | 36816600.0000 | 251.95 |
| 2017-06-30 | 82676200.0000 | 143.41 | 25009000.0000 | 153.20 | 25436500.0000 | 154.80 | 21621000.0000 | 154.20 |
| 2017-12-31 | 138000000.0000 | 58.60 | 12926800.0000 | -51.39 | 11710000.0000 | -56.71 | 10460700.0000 | -55.28 |
| 2016-06-30 | 33966400.0000 | 60.64 | 9877100.0000 | 35.63 | 9983100.0000 | 36.60 | 8505500.0000 | 55.17 |
| 2016-12-31 | 87012900.0000 | 41.29 | 26590900.0000 | 51.29 | 27047700.0000 | 42.50 | 23391300.0000 | 48.54 |
| 2015-12-31 | 61583300.0000 | 218.82 | 17575800.0000 | 276.39 | 18981000.0000 | 306.05 | 15747800.0000 | 341.96 |
| 2014-06-30 | 5269900.0000 | -- | 350000.0000 | -- | 350000.0000 | -- | 414000.0000 | -- |
| 2014-12-31 | 19316000.0000 | 308.82 | 4669600.0000 | -470.63 | 4674600.0000 | -715.08 | 3563200.0000 | -443.01 |
| 2015-06-30 | 21143900.0000 | 301.22 | 7282500.0000 | 1980.71 | 7308500.0000 | 1988.14 | 5481400.0000 | 1224.01 |
| 2013-12-31 | 4724800.0000 | -55.26 | -1259900.0000 | -322.64 | -760000.0000 | -217.67 | -1038800.0000 | -336.14 |
| 2012-12-31 | 10560200.0000 | -- | 565900.0000 | -- | 645900.0000 | -- | 439900.0000 | -- |
| 2025-06-30 | 842000000.0000 | 4.08 | 145000000.0000 | -4.61 | 144000000.0000 | -5.26 | 128000000.0000 | 5.79 |
| 2025-09-30 | 1162000000.0000 | -5.22 | 166000000.0000 | -27.51 | 164000000.0000 | -28.38 | 138000000.0000 | -26.60 |
| 2026-03-31 | 421000000.0000 | 35.37 | 53617800.0000 | -7.06 | 53499800.0000 | -6.85 | 44848300.0000 | -11.04 |
| 2025-12-31 | 1709000000.0000 | -13.90 | 238000000.0000 | -39.29 | 236000000.0000 | -39.64 | 216000000.0000 | -35.52 |
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 | 18.01 | 18.47 | 0.78 | 1.5400 | 3.0300 | 1.84 | 0.04 |
| 2024-12 | 19.09 | 19.70 | 5.40 | 12.0500 | 29.0100 | 3.54 | 0.27 |
| 2024-03 | 12.35 | 13.08 | 0.55 | 1.0300 | 4.1300 | 2.00 | 0.04 |
| 2024-06 | 18.29 | 18.79 | 2.48 | 4.5600 | 13.7800 | 3.32 | 0.13 |
| 2024-09 | 18.03 | 18.68 | 3.63 | 6.6500 | 18.9800 | 2.92 | 0.19 |
| 2023-06 | 15.21 | 16.01 | 2.78 | 3.8000 | 6.9600 | 2.64 | 0.17 |
| 2023-12 | 16.49 | 17.10 | 5.83 | 12.5900 | 29.6600 | 4.16 | 0.34 |
| 2023-09 | 17.25 | 17.93 | 4.14 | 7.8400 | 13.5700 | 3.18 | 0.23 |
| 2022-12 | 17.37 | 19.03 | 7.60 | 9.9800 | 22.6500 | 3.14 | 0.40 |
| 2023-03 | 10.27 | 11.66 | 0.96 | 1.2000 | 3.6700 | 2.32 | 0.08 |
| 2022-09 | 14.97 | 17.06 | 5.37 | 5.7500 | 17.5900 | 2.73 | 0.32 |
| 2022-03 | 14.66 | 19.03 | 0.93 | 1.0000 | 2.7700 | 1.15 | 0.05 |
| 2022-06 | 17.16 | 18.56 | 4.07 | 4.4800 | 13.9800 | 2.75 | 0.22 |
| 2021-09 | 22.81 | 23.63 | 9.35 | 15.6800 | 5.4300 | 2.23 | 0.40 |
| 2021-06 | 21.99 | 22.44 | 6.64 | 10.1700 | 5.3700 | 2.58 | 0.30 |
| 2021-12 | 21.97 | 24.61 | 7.56 | 23.0000 | 16.5700 | 2.48 | 0.31 |
| 2020-09 | 35.73 | 36.00 | -- | 21.9800 | -- | -- | -- |
| 2021-03 | 26.63 | 27.50 | -- | 3.5300 | -- | -- | -- |
| 2020-12 | 29.82 | 30.55 | 14.97 | 26.7100 | 6.5600 | 2.38 | 0.49 |
| 2019-12 | 22.62 | 23.06 | 11.59 | 21.2400 | 4.3600 | 2.78 | 0.50 |
| 2020-03 | 100.00 | 40.04 | -- | -- | -- | -- | -- |
| 2020-06 | 35.97 | 36.80 | 9.59 | 15.7400 | 2.0300 | 2.12 | 0.26 |
| 2018-12 | 13.64 | 14.55 | 6.56 | 10.1500 | 3.2400 | 3.07 | 0.45 |
| 2017-06 | 30.26 | 30.77 | 7.01 | 10.8700 | 3.3100 | 1.73 | 0.23 |
| 2017-12 | 7.25 | 8.49 | 2.08 | 6.4100 | 2.5900 | 1.99 | 0.25 |
| 2016-06 | 29.08 | 29.39 | 4.19 | 7.5100 | 12.2400 | 1.77 | 0.14 |
| 2016-12 | 31.47 | 31.08 | 8.43 | 12.7600 | 5.5200 | 1.53 | 0.27 |
| 2015-12 | 25.94 | 30.82 | 8.47 | 35.9600 | 22.2800 | 2.82 | 0.27 |
| 2014-06 | 6.64 | 6.64 | 0.57 | -- | 12.6600 | 1.61 | 0.09 |
| 2014-12 | 24.17 | 24.20 | 6.87 | 6.8000 | 30.1700 | 2.71 | 0.28 |
| 2015-06 | 34.42 | 34.57 | 9.20 | 9.4900 | 9.8300 | 3.31 | 0.27 |
| 2013-12 | -26.67 | -16.09 | -1.29 | -5.0500 | 39.2100 | 0.29 | 0.08 |
| 2012-12 | 5.36 | 6.12 | 0.97 | 2.1100 | 63.8500 | 0.40 | 0.16 |
| 2025-06 | 16.51 | 17.10 | 1.61 | 3.9400 | 8.4400 | 2.55 | 0.09 |
| 2025-09 | 13.60 | 14.11 | 1.79 | 4.1300 | 11.2600 | 2.28 | 0.13 |
| 2026-03 | 12.83 | 12.71 | 0.53 | -- | -- | -- | 0.04 |
| 2025-12 | 12.76 | 13.81 | -- | -- | -- | -- | -- |
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 | 54.53 | 45.46 | 1.8800 | 1.5100 |
| 2024-12 | 54.68 | 45.32 | 1.6300 | 1.3600 |
| 2024-03 | 54.27 | 45.73 | 2.6800 | 2.4300 |
| 2024-06 | 55.54 | 44.46 | 2.2000 | 1.9500 |
| 2024-09 | 55.29 | 44.71 | 2.0000 | 1.7200 |
| 2023-06 | 39.99 | 60.03 | 2.2900 | 2.0700 |
| 2023-12 | 53.72 | 46.28 | 2.5700 | 2.3600 |
| 2023-09 | 49.37 | 50.63 | 3.5200 | 3.2800 |
| 2022-12 | 33.75 | 66.25 | 2.4900 | 2.2900 |
| 2023-03 | 33.15 | 66.85 | 2.3800 | 2.1600 |
| 2022-09 | 22.15 | 77.85 | 4.5300 | 4.3200 |
| 2022-03 | 16.73 | 83.27 | 6.2700 | 6.0300 |
| 2022-06 | 21.96 | 78.04 | 4.4900 | 4.3600 |
| 2021-09 | 41.42 | 58.58 | 2.0700 | 1.7100 |
| 2021-06 | 40.28 | 59.72 | 2.1300 | 1.8400 |
| 2021-12 | 22.73 | 77.27 | 4.8400 | 4.7000 |
| 2020-09 | -- | -- | -- | -- |
| 2021-03 | -- | -- | -- | -- |
| 2020-12 | 44.56 | 55.44 | 2.0600 | 1.8700 |
| 2019-12 | 47.05 | 52.95 | 1.3100 | 1.0100 |
| 2020-03 | -- | -- | -- | -- |
| 2020-06 | 43.05 | 56.95 | 1.7200 | 1.3700 |
| 2018-12 | 34.53 | 65.47 | 1.7400 | 1.1600 |
| 2017-06 | 42.15 | 58.13 | 1.2100 | 1.0600 |
| 2017-12 | 38.43 | 61.57 | 1.5800 | 1.3200 |
| 2016-06 | 27.25 | 72.69 | 6.7800 | 5.8700 |
| 2016-12 | 41.12 | 58.88 | 1.0500 | 0.8000 |
| 2015-12 | 20.08 | 79.91 | 5.3900 | 5.2000 |
| 2014-06 | 17.20 | 82.79 | 1.4000 | 1.0800 |
| 2014-12 | 20.33 | 79.67 | 1.3200 | 0.8800 |
| 2015-06 | 22.76 | 77.24 | 1.6500 | 1.5600 |
| 2013-12 | 14.12 | 85.88 | 1.5500 | 1.5300 |
| 2012-12 | 68.15 | 31.85 | 0.6800 | 0.6700 |
| 2025-06 | 59.45 | 40.55 | 1.8800 | 1.4800 |
| 2025-09 | 61.79 | 38.21 | 1.9100 | 1.4200 |
| 2026-03 | 0.00 | 36.37 | -- | -- |
| 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 | 255000000.0000 | 8662100.0000 | 18906700.0000 | 14133800.0000 |
| 2024-12 | 1606000000.0000 | 28987700.0000 | 78956900.0000 | 77156700.0000 |
| 2024-03 | 213000000.0000 | 12001000.0000 | 20120400.0000 | 10201700.0000 |
| 2024-06 | 661000000.0000 | 18139200.0000 | 40303100.0000 | 34554000.0000 |
| 2024-09 | 1005000000.0000 | 28195900.0000 | 58707400.0000 | 45038100.0000 |
| 2023-06 | 535000000.0000 | 21017600.0000 | 35792500.0000 | 3894700.0000 |
| 2023-12 | 1626000000.0000 | 42286300.0000 | 80160100.0000 | 30722100.0000 |
| 2023-09 | 969000000.0000 | 31263300.0000 | 56564800.0000 | 4081500.0000 |
| 2022-12 | 1051000000.0000 | 29244000.0000 | 61795200.0000 | 9343600.0000 |
| 2023-03 | 236000000.0000 | 10516900.0000 | 17005600.0000 | -913700.0000 |
| 2022-09 | 693000000.0000 | 20446400.0000 | 44806600.0000 | -2190500.0000 |
| 2022-03 | 96437200.0000 | 4831000.0000 | 14563900.0000 | -982200.0000 |
| 2022-06 | 473000000.0000 | 11563900.0000 | 28161300.0000 | 6165800.0000 |
| 2021-09 | 379000000.0000 | 12313700.0000 | 26861400.0000 | 7880700.0000 |
| 2021-06 | 266000000.0000 | 7953200.0000 | 18946500.0000 | 8537100.0000 |
| 2021-12 | 593000000.0000 | 20305100.0000 | 38012500.0000 | 16019700.0000 |
| 2020-09 | 241000000.0000 | 7762800.0000 | 13735700.0000 | 10981200.0000 |
| 2021-03 | 69131000.0000 | 2662400.0000 | 7571700.0000 | 3933500.0000 |
| 2020-12 | 386000000.0000 | 13904000.0000 | 23378300.0000 | 13758000.0000 |
| 2019-12 | 349000000.0000 | 19806400.0000 | 23270300.0000 | 9567400.0000 |
| 2020-03 | -- | -- | -- | -- |
| 2020-06 | 162000000.0000 | 4606500.0000 | 8471200.0000 | 7414300.0000 |
| 2018-12 | 228000000.0000 | 13849700.0000 | 15836000.0000 | 2513600.0000 |
| 2017-06 | 57659300.0000 | 2689300.0000 | 5895600.0000 | 2178900.0000 |
| 2017-12 | 128000000.0000 | 6679100.0000 | 15495100.0000 | 4051900.0000 |
| 2016-06 | 24089300.0000 | 1147700.0000 | 2581900.0000 | -313000.0000 |
| 2016-12 | 59634200.0000 | 2147100.0000 | 6000800.0000 | 558200.0000 |
| 2015-12 | 45610100.0000 | 2114900.0000 | 13936200.0000 | 126700.0000 |
| 2014-06 | 4919900.0000 | 309600.0000 | 1663700.0000 | 44300.0000 |
| 2014-12 | 14646400.0000 | 667800.0000 | 5189600.0000 | 152800.0000 |
| 2015-06 | 13865700.0000 | 773800.0000 | 3248200.0000 | 77900.0000 |
| 2013-12 | 5984700.0000 | 585200.0000 | 2936100.0000 | -100.0000 |
| 2012-12 | 9994300.0000 | 361400.0000 | 1866300.0000 | -8700.0000 |
| 2025-06 | 703000000.0000 | 13891800.0000 | 38724600.0000 | 34136700.0000 |
| 2025-09 | 1004000000.0000 | 22784900.0000 | 57392300.0000 | 50506600.0000 |
| 2026-03 | 367000000.0000 | 12971100.0000 | 38212000.0000 | 21560700.0000 |
| 2025-12 | 1491000000.0000 | 28740400.0000 | 78236400.0000 | 98013300.0000 |