中商官网
研究报告
曼恩斯特（301325）
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 （%) |
| 2024-12-31 | 1699000000.0000 | 113.71 | 24704200.0000 | -93.58 | 20995900.0000 | -94.55 | 22841800.0000 | -93.20 |
| 2025-03-31 | 438000000.0000 | 139.34 | 32759800.0000 | -44.98 | 31837800.0000 | -46.50 | 27330600.0000 | -45.81 |
| 2024-03-31 | 183000000.0000 | 21.19 | 59537100.0000 | -23.09 | 59505800.0000 | -23.14 | 50438000.0000 | -25.60 |
| 2024-09-30 | 1030000000.0000 | 83.60 | 47006500.0000 | -83.90 | 46954800.0000 | -83.92 | 50620200.0000 | -79.99 |
| 2024-06-30 | 350000000.0000 | 0.86 | 66402600.0000 | -63.91 | 66367400.0000 | -63.93 | 57829000.0000 | -64.08 |
| 2023-09-30 | 561000000.0000 | 71.04 | 292000000.0000 | 84.81 | 292000000.0000 | 85.99 | 253000000.0000 | 84.67 |
| 2023-12-31 | 795000000.0000 | 62.91 | 385000000.0000 | 63.14 | 385000000.0000 | 63.14 | 336000000.0000 | 63.90 |
| 2023-06-30 | 347000000.0000 | 77.04 | 184000000.0000 | 98.71 | 184000000.0000 | 98.81 | 161000000.0000 | 98.02 |
| 2022-09-30 | 328000000.0000 | 106.29 | 158000000.0000 | 129.80 | 157000000.0000 | 131.19 | 137000000.0000 | 131.97 |
| 2023-03-31 | 151000000.0000 | 87.65 | 77409500.0000 | 117.65 | 77421500.0000 | 117.67 | 67794200.0000 | 123.52 |
| 2022-12-31 | 488000000.0000 | 104.18 | 236000000.0000 | 110.71 | 236000000.0000 | 112.61 | 205000000.0000 | 116.87 |
| 2022-03-31 | 80467100.0000 | 121.75 | 35566700.0000 | 163.01 | 35567700.0000 | 163.14 | 30330000.0000 | 156.96 |
| 2021-12-31 | 239000000.0000 | 62.59 | 112000000.0000 | 59.23 | 111000000.0000 | 58.88 | 94526000.0000 | 57.96 |
| 2022-06-30 | 196000000.0000 | 111.68 | 92598600.0000 | 157.88 | 92552100.0000 | 163.98 | 81304800.0000 | 167.03 |
| 2021-06-30 | 92594700.0000 | -- | 35907500.0000 | -- | 35060600.0000 | -- | 30447900.0000 | -- |
| 2021-03-31 | 36286600.0000 | -- | 13522900.0000 | -- | 13516700.0000 | -- | 11803500.0000 | -- |
| 2021-09-30 | 159000000.0000 | -- | 68756500.0000 | -- | 67909600.0000 | -- | 59058700.0000 | -- |
| 2018-12-31 | 32898000.0000 | -- | 11661100.0000 | -- | 11680300.0000 | -- | 9834500.0000 | -- |
| 2019-12-31 | 122000000.0000 | 270.84 | 67153000.0000 | 475.87 | 68712500.0000 | 488.28 | 58572500.0000 | 495.58 |
| 2020-12-31 | 147000000.0000 | 20.49 | 70336300.0000 | 4.74 | 69865400.0000 | 1.68 | 59842900.0000 | 2.17 |
| 2025-06-30 | 560000000.0000 | 60.00 | -44997800.0000 | -167.77 | -46051800.0000 | -169.39 | -23774700.0000 | -141.11 |
| 2025-09-30 | 947000000.0000 | -8.06 | -50575100.0000 | -207.59 | -52448100.0000 | -211.70 | -27461800.0000 | -154.25 |
| 2026-03-31 | 68108000.0000 | -84.45 | -65162100.0000 | -298.91 | -65214300.0000 | -304.83 | -53682500.0000 | -296.42 |
| 2025-12-31 | 1068000000.0000 | -37.14 | -165000000.0000 | -767.90 | -169000000.0000 | -904.92 | -136000000.0000 | -695.40 |
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) |
| 2024-12 | -1.88 | 1.24 | 0.45 | 1.0500 | 2.3200 | 2.90 | 0.37 |
| 2025-03 | 5.25 | 7.27 | 0.66 | 0.1900 | 0.4200 | 2.55 | 0.09 |
| 2024-03 | 22.40 | 32.52 | 1.55 | 1.9000 | 0.1700 | 1.31 | 0.05 |
| 2024-09 | 0.58 | 4.56 | 1.01 | 2.1500 | 1.5300 | 1.76 | 0.22 |
| 2024-06 | 11.14 | 18.96 | 1.44 | 2.3800 | 0.2300 | 1.22 | 0.08 |
| 2023-09 | 47.06 | 52.05 | 8.47 | 15.6400 | 0.8000 | 2.02 | 0.16 |
| 2023-12 | 43.77 | 48.43 | 10.31 | 17.5600 | 0.7700 | 1.93 | 0.21 |
| 2023-06 | 49.28 | 53.03 | 5.44 | 16.3300 | 0.4700 | 1.92 | 0.10 |
| 2022-09 | 46.95 | 47.87 | -- | -- | -- | -- | -- |
| 2023-03 | 49.67 | 51.27 | 7.14 | 11.6600 | 0.2300 | 1.90 | 0.14 |
| 2022-12 | 46.93 | 48.36 | 23.02 | 46.9100 | 1.0600 | 2.52 | 0.48 |
| 2022-03 | 42.04 | 44.20 | 5.45 | 8.6600 | -- | -- | 0.12 |
| 2021-12 | 44.35 | 46.44 | 20.56 | 35.0900 | 1.0400 | 2.86 | 0.44 |
| 2022-06 | 45.92 | 47.22 | 12.32 | 21.6800 | 0.5200 | 2.73 | 0.26 |
| 2021-06 | 35.65 | 37.86 | 9.01 | 13.2900 | 0.6500 | 2.39 | 0.24 |
| 2021-03 | 100.00 | 37.25 | -- | -- | -- | -- | -- |
| 2021-09 | 41.16 | 42.71 | 14.64 | 23.2400 | 0.8300 | 2.57 | 0.34 |
| 2018-12 | 35.40 | 35.50 | 27.68 | 158.5900 | 0.7100 | 4.73 | 0.78 |
| 2019-12 | 55.08 | 56.32 | 51.28 | 145.5800 | 1.5100 | 6.63 | 0.91 |
| 2020-12 | 46.28 | 47.53 | 27.72 | 62.7500 | 1.7100 | 3.39 | 0.58 |
| 2025-06 | -10.89 | -8.22 | -1.01 | -0.8200 | 0.5600 | 1.91 | 0.12 |
| 2025-09 | -8.66 | -5.54 | -1.10 | -1.2400 | 0.9500 | 2.11 | 0.20 |
| 2026-03 | -107.02 | -95.75 | -1.39 | -- | 0.0400 | -- | 0.01 |
| 2025-12 | -19.38 | -15.82 | -3.80 | -3.9200 | 1.0400 | -- | 0.24 |
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 |
| 2024-12 | 37.54 | 62.46 | 2.2300 | 1.6800 |
| 2025-03 | 40.36 | 59.64 | 2.0900 | 1.5200 |
| 2024-03 | 21.73 | 78.27 | 4.2900 | 3.5300 |
| 2024-09 | 37.20 | 62.77 | 2.3100 | 1.8800 |
| 2024-06 | 36.03 | 64.00 | 2.4200 | 1.7100 |
| 2023-09 | 15.69 | 84.31 | 6.3400 | 5.8500 |
| 2023-12 | 19.93 | 80.10 | 4.9200 | 4.1800 |
| 2023-06 | 16.74 | 83.26 | 5.9800 | 5.5000 |
| 2022-09 | -- | -- | -- | -- |
| 2023-03 | 43.54 | 56.55 | 2.0500 | 1.5300 |
| 2022-12 | 46.93 | 53.07 | 1.9100 | 1.4600 |
| 2022-03 | 0.00 | 55.74 | -- | -- |
| 2021-12 | 38.70 | 61.30 | 2.3500 | 1.7400 |
| 2022-06 | 44.61 | 55.39 | 2.0200 | 1.5600 |
| 2021-06 | 32.39 | 67.61 | 3.1100 | 2.4500 |
| 2021-03 | -- | -- | -- | -- |
| 2021-09 | 36.85 | 63.36 | 2.6400 | 2.0100 |
| 2018-12 | 74.15 | 25.85 | 1.2100 | 0.7000 |
| 2019-12 | 51.22 | 48.89 | 1.7100 | 1.3000 |
| 2020-12 | 26.33 | 73.81 | 3.4400 | 2.9300 |
| 2025-06 | 37.31 | 62.67 | 2.0900 | 1.4400 |
| 2025-09 | 40.23 | 59.77 | 1.9400 | 1.2800 |
| 2026-03 | 44.32 | 55.68 | 1.7300 | 0.6400 |
| 2025-12 | 40.19 | 59.83 | 1.8800 | 0.8600 |
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) |
| 2024-12 | 1731000000.0000 | 102000000.0000 | 92225100.0000 | 21453500.0000 |
| 2025-03 | 415000000.0000 | 26276300.0000 | 24980800.0000 | 3898100.0000 |
| 2024-03 | 142000000.0000 | 20674600.0000 | 17587400.0000 | -1636100.0000 |
| 2024-09 | 1024000000.0000 | 79451000.0000 | 62113000.0000 | 6139400.0000 |
| 2024-06 | 311000000.0000 | 51235800.0000 | 38403600.0000 | 8079300.0000 |
| 2023-09 | 297000000.0000 | 38402900.0000 | 25973300.0000 | -6575800.0000 |
| 2023-12 | 447000000.0000 | 59950500.0000 | 44282400.0000 | 2558600.0000 |
| 2023-06 | 176000000.0000 | 22500800.0000 | 16240800.0000 | 882800.0000 |
| 2022-09 | 174000000.0000 | 15396800.0000 | 11990000.0000 | 1149100.0000 |
| 2023-03 | 76000000.0000 | 7915000.0000 | 5240700.0000 | 267300.0000 |
| 2022-12 | 259000000.0000 | 25253300.0000 | 17018500.0000 | 784300.0000 |
| 2022-03 | 46636200.0000 | 3363400.0000 | 3415300.0000 | 233400.0000 |
| 2021-12 | 133000000.0000 | 14203600.0000 | 18834900.0000 | 955200.0000 |
| 2022-06 | 106000000.0000 | 9073200.0000 | 7371200.0000 | 861300.0000 |
| 2021-06 | 59587700.0000 | 5624700.0000 | 11204700.0000 | 429000.0000 |
| 2021-03 | -- | -- | -- | -- |
| 2021-09 | 93555900.0000 | 9470400.0000 | 15976000.0000 | 521400.0000 |
| 2018-12 | 21252900.0000 | 4208700.0000 | 2698200.0000 | 140800.0000 |
| 2019-12 | 54806800.0000 | 8257800.0000 | 5449100.0000 | 216700.0000 |
| 2020-12 | 78972000.0000 | 8458500.0000 | 9349600.0000 | 108000.0000 |
| 2025-06 | 621000000.0000 | 53647100.0000 | 53688200.0000 | 7722000.0000 |
| 2025-09 | 1029000000.0000 | 81162600.0000 | 84779700.0000 | 11448100.0000 |
| 2026-03 | 141000000.0000 | 19366600.0000 | 26929200.0000 | 6417700.0000 |
| 2025-12 | 1275000000.0000 | 103000000.0000 | 130000000.0000 | 17023100.0000 |