中商官网
研究报告
苏州天脉（301626）
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 | 250000000.0000 | 5.49 | 61614800.0000 | -4.76 | 61764400.0000 | -4.58 | 54398800.0000 | -3.67 |
| 2024-12-31 | 943000000.0000 | 1.62 | 209000000.0000 | 20.81 | 209000000.0000 | 20.81 | 185000000.0000 | 20.13 |
| 2024-03-31 | 237000000.0000 | 1.72 | 64695900.0000 | -- | 64729200.0000 | -- | 56474100.0000 | -- |
| 2024-06-30 | 457000000.0000 | 1.33 | 109000000.0000 | 47.90 | 109000000.0000 | 47.98 | 96514900.0000 | 46.40 |
| 2024-09-30 | 691000000.0000 | 1.77 | 158000000.0000 | 33.90 | 159000000.0000 | 34.75 | 140000000.0000 | 29.63 |
| 2023-09-30 | 679000000.0000 | 10.77 | 118000000.0000 | 24.89 | 118000000.0000 | 25.15 | 108000000.0000 | 27.60 |
| 2023-12-31 | 928000000.0000 | 10.34 | 173000000.0000 | 33.08 | 173000000.0000 | 34.11 | 154000000.0000 | 31.62 |
| 2023-06-30 | 451000000.0000 | 8.41 | 73697200.0000 | 16.23 | 73659000.0000 | 16.47 | 65924900.0000 | 15.67 |
| 2022-12-31 | 841000000.0000 | 18.79 | 130000000.0000 | 83.12 | 129000000.0000 | 84.61 | 117000000.0000 | 81.30 |
| 2023-03-31 | 233000000.0000 | -- | -- | NaN | -- | NaN | -- | NaN |
| 2022-09-30 | 613000000.0000 | 28.51 | 94482300.0000 | 106.93 | 94287000.0000 | 107.54 | 84640100.0000 | 98.72 |
| 2021-12-31 | 708000000.0000 | 74.38 | 70993100.0000 | 18.95 | 69875400.0000 | 18.20 | 64535300.0000 | 21.76 |
| 2022-06-30 | 416000000.0000 | -- | 63408200.0000 | -- | 63243800.0000 | -- | 56996200.0000 | -- |
| 2021-09-30 | 477000000.0000 | -- | 45659600.0000 | -- | 45430500.0000 | -- | 42593000.0000 | -- |
| 2019-12-31 | 289000000.0000 | -- | 40080600.0000 | -- | 39527800.0000 | -- | 36651400.0000 | -- |
| 2020-12-31 | 406000000.0000 | 40.48 | 59684400.0000 | 48.91 | 59118100.0000 | 49.56 | 53002100.0000 | 44.61 |
| 2025-06-30 | 508000000.0000 | 11.16 | 105000000.0000 | -3.67 | 105000000.0000 | -3.67 | 94454000.0000 | -2.14 |
| 2025-09-30 | 818000000.0000 | 18.38 | 158000000.0000 | 0.00 | 158000000.0000 | -0.63 | 143000000.0000 | 2.14 |
| 2026-03-31 | 263000000.0000 | 5.20 | 8976600.0000 | -85.43 | 8826100.0000 | -85.71 | 12299300.0000 | -77.39 |
| 2025-12-31 | 1117000000.0000 | 18.45 | 171000000.0000 | -18.18 | 171000000.0000 | -18.18 | 155000000.0000 | -16.22 |
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 | 22.40 | 24.71 | 3.58 | 3.5700 | 0.8400 | 3.83 | 0.14 |
| 2024-12 | 20.78 | 22.16 | 12.32 | 19.5100 | 3.5000 | 3.78 | 0.56 |
| 2024-03 | 25.32 | 27.31 | -- | 7.1000 | -- | -- | -- |
| 2024-06 | 21.66 | 23.85 | 10.09 | 11.8400 | 1.9300 | 4.07 | 0.42 |
| 2024-09 | 21.27 | 23.01 | 14.45 | 16.7700 | 2.7300 | 4.02 | 0.63 |
| 2023-09 | 16.79 | 17.38 | -- | -- | -- | -- | -- |
| 2023-12 | 18.00 | 18.64 | 16.38 | 22.3600 | 4.2300 | 3.89 | 0.88 |
| 2023-06 | 15.74 | 16.33 | 8.26 | 10.2100 | 2.4100 | 3.84 | 0.51 |
| 2022-12 | 14.86 | 15.34 | 15.93 | 22.5700 | 4.4400 | 3.65 | 1.04 |
| 2023-03 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2022-09 | 100.00 | 15.38 | 12.54 | -- | -- | -- | 0.82 |
| 2021-12 | 9.60 | 9.87 | 8.76 | 20.0400 | 5.1500 | 4.22 | 0.89 |
| 2022-06 | 14.42 | 15.20 | 8.43 | 12.6200 | 2.2400 | 3.91 | 0.55 |
| 2021-09 | 100.00 | 9.52 | -- | -- | -- | -- | -- |
| 2019-12 | 13.15 | 13.68 | 10.77 | 25.8600 | 2.4000 | 3.04 | 0.79 |
| 2020-12 | 14.04 | 14.56 | 13.23 | 21.5300 | 3.4700 | 3.71 | 0.91 |
| 2025-06 | 19.29 | 20.67 | 6.03 | 6.1200 | 1.6200 | 3.70 | 0.29 |
| 2025-09 | 17.97 | 19.32 | 8.79 | 9.2600 | 2.6300 | 3.69 | 0.46 |
| 2026-03 | 2.66 | 3.36 | 0.39 | -- | -- | -- | 0.12 |
| 2025-12 | 14.06 | 15.31 | -- | -- | -- | -- | -- |
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 | 9.91 | 90.09 | 6.7500 | 5.5500 |
| 2024-12 | 11.73 | 88.27 | 5.7500 | 4.7400 |
| 2024-03 | -- | -- | -- | -- |
| 2024-06 | 20.00 | 80.00 | 3.8200 | 2.9500 |
| 2024-09 | 17.45 | 82.55 | 3.0300 | 2.1800 |
| 2023-09 | -- | -- | -- | -- |
| 2023-12 | 27.37 | 72.63 | 2.5700 | 1.8600 |
| 2023-06 | 23.88 | 76.12 | 2.7400 | 2.0200 |
| 2022-12 | 24.44 | 75.56 | 2.5100 | 1.7400 |
| 2023-03 | -- | -- | -- | -- |
| 2022-09 | 23.01 | 76.99 | -- | -- |
| 2021-12 | 47.12 | 52.88 | 1.5000 | 1.1000 |
| 2022-06 | 26.53 | 73.47 | 2.6900 | 1.8300 |
| 2021-09 | -- | -- | -- | -- |
| 2019-12 | 44.41 | 55.59 | 1.6800 | 1.0800 |
| 2020-12 | 35.57 | 64.43 | 1.7500 | 1.1500 |
| 2025-06 | 12.30 | 87.70 | 5.1900 | 4.1700 |
| 2025-09 | 12.35 | 87.65 | 5.2100 | 4.1500 |
| 2026-03 | 27.68 | 72.32 | -- | -- |
| 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 | 194000000.0000 | 8417700.0000 | 20387100.0000 | -688100.0000 |
| 2024-12 | 747000000.0000 | 29077000.0000 | 76554600.0000 | -3122200.0000 |
| 2024-03 | 177000000.0000 | 8160000.0000 | 14554100.0000 | -1720400.0000 |
| 2024-06 | 358000000.0000 | 14268000.0000 | 32469600.0000 | -1714900.0000 |
| 2024-09 | 544000000.0000 | 20372700.0000 | 51382000.0000 | -696400.0000 |
| 2023-09 | 565000000.0000 | 15678700.0000 | 39010200.0000 | -703300.0000 |
| 2023-12 | 761000000.0000 | 23399100.0000 | 53000900.0000 | -2693400.0000 |
| 2023-06 | 380000000.0000 | 10746400.0000 | 25811800.0000 | -2864500.0000 |
| 2022-12 | 716000000.0000 | 18949800.0000 | 44699800.0000 | -3748100.0000 |
| 2023-03 | -- | -- | -- | -- |
| 2022-09 | -- | -- | -- | -- |
| 2021-12 | 640000000.0000 | 13430200.0000 | 40086600.0000 | 3679600.0000 |
| 2022-06 | 356000000.0000 | 9137800.0000 | 21210500.0000 | -2589000.0000 |
| 2021-09 | -- | -- | -- | -- |
| 2019-12 | 251000000.0000 | 11989400.0000 | 21226800.0000 | 885100.0000 |
| 2020-12 | 349000000.0000 | 8759900.0000 | 26708600.0000 | 3497500.0000 |
| 2025-06 | 410000000.0000 | 17228500.0000 | 43603400.0000 | 112900.0000 |
| 2025-09 | 671000000.0000 | 24638000.0000 | 71295700.0000 | -3371400.0000 |
| 2026-03 | 256000000.0000 | 8734000.0000 | 36625200.0000 | 3451100.0000 |
| 2025-12 | 960000000.0000 | 33849200.0000 | 108000000.0000 | 467500.0000 |