中商官网
研究报告
美利信（301307）
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 | 881000000.0000 | 14.42 | -81103800.0000 | -2993.46 | -79817500.0000 | -2760.49 | -60236000.0000 | -1028.68 |
| 2024-12-31 | 3659000000.0000 | 14.74 | -215000000.0000 | -250.35 | -214000000.0000 | -256.20 | -164000000.0000 | -220.59 |
| 2024-09-30 | 2589000000.0000 | 9.66 | -70932700.0000 | -148.58 | -70667100.0000 | -148.07 | -47582700.0000 | -133.99 |
| 2024-03-31 | 770000000.0000 | -6.44 | 2803000.0000 | -95.32 | 3000100.0000 | -94.99 | 6486200.0000 | -88.34 |
| 2024-06-30 | 1654000000.0000 | 2.73 | -30372200.0000 | -123.01 | -29659700.0000 | -122.47 | -18031800.0000 | -114.90 |
| 2023-12-31 | 3189000000.0000 | 0.60 | 143000000.0000 | -30.92 | 137000000.0000 | -32.51 | 136000000.0000 | -39.29 |
| 2023-06-30 | 1610000000.0000 | 12.98 | 132000000.0000 | 56.94 | 132000000.0000 | 55.88 | 121000000.0000 | 51.10 |
| 2023-09-30 | 2361000000.0000 | 4.75 | 146000000.0000 | 12.31 | 147000000.0000 | 12.21 | 140000000.0000 | 12.00 |
| 2022-12-31 | 3170000000.0000 | 38.97 | 207000000.0000 | 99.04 | 203000000.0000 | 95.19 | 224000000.0000 | 124.94 |
| 2023-03-31 | 823000000.0000 | 26.62 | 59949700.0000 | 55.14 | 59904100.0000 | 55.19 | 55638400.0000 | 50.27 |
| 2022-06-30 | 1425000000.0000 | 41.09 | 84108800.0000 | 44.93 | 84680800.0000 | 42.16 | 80077100.0000 | 43.09 |
| 2022-03-31 | 650000000.0000 | 35.42 | 38643300.0000 | -- | 38599400.0000 | 19.68 | 37024700.0000 | 21.12 |
| 2022-09-30 | 2254000000.0000 | -- | 130000000.0000 | -- | 131000000.0000 | -- | 125000000.0000 | -- |
| 2021-03-31 | 480000000.0000 | -- | -- | NaN | 32251600.0000 | -- | 30569100.0000 | -- |
| 2021-06-30 | 1010000000.0000 | -- | 58033100.0000 | -- | 59567100.0000 | -- | 55962000.0000 | -- |
| 2021-12-31 | 2281000000.0000 | 24.37 | 104000000.0000 | -9.57 | 104000000.0000 | 2.97 | 99581900.0000 | 5.48 |
| 2020-12-31 | 1834000000.0000 | 33.28 | 115000000.0000 | -430.30 | 101000000.0000 | -389.75 | 94408600.0000 | -474.61 |
| 2018-12-31 | 1115000000.0000 | -- | -29720400.0000 | -∞ | -29250700.0000 | -∞ | -25263100.0000 | -∞ |
| 2019-12-31 | 1376000000.0000 | 23.41 | -34816500.0000 | 17.15 | -34858200.0000 | 19.17 | -25202000.0000 | -0.24 |
| 2025-06-30 | 1859000000.0000 | 12.39 | -143000000.0000 | 370.83 | -140000000.0000 | 372.02 | -105000000.0000 | 482.30 |
| 2025-09-30 | 2820000000.0000 | 8.92 | -285000000.0000 | 301.79 | -281000000.0000 | 297.64 | -215000000.0000 | 351.84 |
| 2026-03-31 | 1024000000.0000 | 16.23 | -54953400.0000 | -32.24 | -53313900.0000 | -33.21 | -53686300.0000 | -10.87 |
| 2025-12-31 | 3883000000.0000 | 6.12 | -565000000.0000 | 162.79 | -562000000.0000 | 162.62 | -567000000.0000 | 245.73 |
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 | -9.99 | -9.06 | -1.12 | -1.9700 | 1.0400 | 3.25 | 0.12 |
| 2024-12 | -6.45 | -5.85 | -3.00 | -5.1700 | 4.9500 | 3.63 | 0.51 |
| 2024-09 | -3.32 | -2.73 | -1.07 | -1.4800 | 3.5500 | 3.66 | 0.39 |
| 2024-03 | -0.65 | 0.39 | 0.05 | 0.1900 | 1.0700 | 3.65 | 0.13 |
| 2024-06 | -2.66 | -1.79 | -0.49 | -0.5700 | 2.3600 | 3.89 | 0.27 |
| 2023-12 | 3.26 | 4.30 | 2.40 | 5.0900 | 4.5900 | 3.50 | 0.56 |
| 2023-06 | 6.71 | 8.20 | 2.21 | 5.6700 | 2.2700 | 3.56 | 0.27 |
| 2023-09 | 5.00 | 6.23 | 2.67 | 5.6200 | 3.2200 | 3.59 | 0.43 |
| 2022-12 | 6.06 | 6.40 | 4.12 | 15.5700 | 5.2800 | 3.60 | 0.64 |
| 2023-03 | 6.68 | 7.28 | 1.21 | 3.5300 | 1.1600 | 3.67 | 0.17 |
| 2022-06 | 5.40 | 5.94 | 2.15 | 5.8400 | 2.5500 | 3.44 | 0.36 |
| 2022-03 | 5.69 | 5.94 | 1.08 | 2.7200 | -- | -- | 0.18 |
| 2022-09 | 5.24 | 5.81 | -- | -- | -- | -- | -- |
| 2021-03 | 100.00 | 6.72 | -- | -- | -- | -- | -- |
| 2021-06 | 5.05 | 5.90 | 2.00 | 4.4400 | 2.2600 | 3.43 | 0.34 |
| 2021-12 | 3.59 | 4.56 | 3.07 | 7.7800 | 4.9500 | 3.31 | 0.67 |
| 2020-12 | 5.07 | 5.51 | 3.39 | 12.6500 | 4.1400 | 3.47 | 0.62 |
| 2018-12 | -3.59 | -2.62 | -1.24 | -3.7500 | 2.7400 | 3.29 | 0.47 |
| 2019-12 | -3.34 | -2.53 | -1.35 | -3.9200 | 3.4800 | 3.37 | 0.53 |
| 2025-06 | -8.66 | -7.53 | -1.87 | -3.4700 | 2.2700 | 3.19 | 0.25 |
| 2025-09 | -11.35 | -9.96 | -3.71 | -7.2400 | 3.3700 | 3.28 | 0.37 |
| 2026-03 | -5.96 | -5.21 | -- | -- | -- | -- | -- |
| 2025-12 | -15.68 | -14.47 | -- | -- | -- | -- | -- |
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 | 57.71 | 42.29 | 0.9200 | 0.5900 |
| 2024-12 | 56.76 | 43.24 | 0.9200 | 0.6400 |
| 2024-09 | 51.55 | 48.45 | 1.0300 | 0.7200 |
| 2024-03 | 44.02 | 55.98 | 1.2400 | 0.8700 |
| 2024-06 | 47.24 | 52.76 | 1.0600 | 0.7300 |
| 2023-12 | 42.65 | 57.35 | 1.1700 | 0.8600 |
| 2023-06 | 45.46 | 54.53 | 1.4100 | 1.1300 |
| 2023-09 | 40.61 | 59.38 | 1.3700 | 0.9900 |
| 2022-12 | 68.43 | 31.57 | 0.9500 | 0.6900 |
| 2023-03 | 67.40 | 32.60 | 0.9300 | 0.6700 |
| 2022-06 | 64.27 | 35.73 | 0.9300 | 0.6700 |
| 2022-03 | 61.80 | 38.20 | -- | -- |
| 2022-09 | -- | -- | -- | -- |
| 2021-03 | -- | -- | -- | -- |
| 2021-06 | 56.68 | 43.32 | 1.0100 | 0.7000 |
| 2021-12 | 60.79 | 39.21 | 0.9600 | 0.6900 |
| 2020-12 | 58.63 | 41.37 | 0.9900 | 0.7100 |
| 2018-12 | 71.99 | 28.01 | 0.6900 | 0.4000 |
| 2019-12 | 75.28 | 24.72 | 0.6400 | 0.4200 |
| 2025-06 | 60.20 | 39.80 | 0.9100 | 0.6400 |
| 2025-09 | 62.18 | 37.82 | 0.8200 | 0.5500 |
| 2026-03 | -- | -- | -- | -- |
| 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 | 969000000.0000 | 7130200.0000 | 51585500.0000 | 9006000.0000 |
| 2024-12 | 3895000000.0000 | 26361400.0000 | 214000000.0000 | 42276400.0000 |
| 2024-09 | 2675000000.0000 | 22834900.0000 | 143000000.0000 | 22498100.0000 |
| 2024-03 | 775000000.0000 | 7382700.0000 | 38511100.0000 | 5821800.0000 |
| 2024-06 | 1698000000.0000 | 15015900.0000 | 88818100.0000 | 15221200.0000 |
| 2023-12 | 3085000000.0000 | 31429300.0000 | 146000000.0000 | 29331500.0000 |
| 2023-06 | 1502000000.0000 | 11616700.0000 | 67400500.0000 | 30805300.0000 |
| 2023-09 | 2243000000.0000 | 20184400.0000 | 109000000.0000 | 13506200.0000 |
| 2022-12 | 2978000000.0000 | 28196700.0000 | 105000000.0000 | 39032700.0000 |
| 2023-03 | 768000000.0000 | 5532400.0000 | 28423000.0000 | 12715900.0000 |
| 2022-06 | 1348000000.0000 | 12377100.0000 | 48608900.0000 | 26501400.0000 |
| 2022-03 | 613000000.0000 | 3938000.0000 | 24128500.0000 | 12422000.0000 |
| 2022-09 | 2136000000.0000 | 19491400.0000 | 81831400.0000 | 15854300.0000 |
| 2021-03 | -- | -- | -- | -- |
| 2021-06 | 959000000.0000 | 6718400.0000 | 38758200.0000 | 21805500.0000 |
| 2021-12 | 2199000000.0000 | 20753300.0000 | 88302200.0000 | 45051800.0000 |
| 2020-12 | 1741000000.0000 | 21947100.0000 | 101000000.0000 | 53972500.0000 |
| 2018-12 | 1155000000.0000 | 38801100.0000 | 81051200.0000 | 41059500.0000 |
| 2019-12 | 1422000000.0000 | 45415300.0000 | 84184800.0000 | 47109800.0000 |
| 2025-06 | 2020000000.0000 | 13954400.0000 | 111000000.0000 | 27130800.0000 |
| 2025-09 | 3140000000.0000 | 21638900.0000 | 175000000.0000 | 36612800.0000 |
| 2026-03 | 1085000000.0000 | 7159300.0000 | 52247100.0000 | 11374100.0000 |
| 2025-12 | 4492000000.0000 | 28133300.0000 | 246000000.0000 | 53786200.0000 |