中商官网
研究报告
泰禾股份（301665）
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 | 1033000000.0000 | 18.60 | 133000000.0000 | 135.65 | 132000000.0000 | 133.38 | 111000000.0000 | 117.95 |
| 2024-12-31 | 4236000000.0000 | 9.51 | 325000000.0000 | -15.14 | 324000000.0000 | -15.18 | 291000000.0000 | -13.91 |
| 2024-09-30 | 3023000000.0000 | 0.03 | 201000000.0000 | -36.99 | 201000000.0000 | -36.79 | 182000000.0000 | -35.92 |
| 2024-06-30 | 1959000000.0000 | -7.02 | 122000000.0000 | -57.19 | 122000000.0000 | -57.04 | 110000000.0000 | -56.18 |
| 2023-12-31 | 3868000000.0000 | -24.14 | 383000000.0000 | -50.58 | 382000000.0000 | -50.33 | 338000000.0000 | -48.94 |
| 2024-03-31 | 871000000.0000 | -- | 56440500.0000 | -- | 56559000.0000 | -- | 50928400.0000 | -- |
| 2023-06-30 | 2107000000.0000 | -25.94 | 285000000.0000 | -- | 284000000.0000 | -44.96 | 251000000.0000 | -43.72 |
| 2023-09-30 | 3022000000.0000 | -- | 319000000.0000 | -- | 318000000.0000 | -- | 284000000.0000 | -- |
| 2022-12-31 | 5099000000.0000 | 42.47 | 775000000.0000 | 59.47 | 769000000.0000 | 59.54 | 662000000.0000 | 53.60 |
| 2021-12-31 | 3579000000.0000 | 17.04 | 486000000.0000 | -20.46 | 482000000.0000 | -20.85 | 431000000.0000 | -17.75 |
| 2022-06-30 | 2845000000.0000 | 76.38 | -- | -100.00 | 516000000.0000 | 170.16 | 446000000.0000 | 168.67 |
| 2020-12-31 | 3058000000.0000 | -1.51 | 611000000.0000 | -29.28 | 609000000.0000 | -33.66 | 524000000.0000 | -32.65 |
| 2021-06-30 | 1613000000.0000 | -- | 192000000.0000 | -- | 191000000.0000 | -- | 166000000.0000 | -- |
| 2021-09-30 | 2344000000.0000 | 0.43 | -- | -100.00 | -- | -100.00 | -- | -100.00 |
| 2020-09-30 | 2334000000.0000 | -- | 519000000.0000 | -- | 518000000.0000 | -- | 447000000.0000 | -- |
| 2019-12-31 | 3105000000.0000 | 29.59 | 864000000.0000 | 59.41 | 918000000.0000 | 48.06 | 778000000.0000 | 50.19 |
| 2020-03-31 | 735000000.0000 | -- | 171000000.0000 | -- | 172000000.0000 | -- | 144000000.0000 | -- |
| 2018-12-31 | 2396000000.0000 | 36.21 | 542000000.0000 | 199.45 | 620000000.0000 | 238.80 | 518000000.0000 | 245.33 |
| 2017-12-31 | 1759000000.0000 | -- | 181000000.0000 | -- | 183000000.0000 | -- | 150000000.0000 | -- |
| 2012-12-31 | 950000000.0000 | 7.10 | 53416200.0000 | -16.10 | 59787700.0000 | -37.99 | 48218500.0000 | -33.80 |
| 2012-09-30 | 757000000.0000 | -- | 59051900.0000 | -- | 64118600.0000 | -- | 52137400.0000 | -- |
| 2011-12-31 | 887000000.0000 | -0.45 | 63667600.0000 | 771.94 | 96408600.0000 | 613.50 | 72832200.0000 | 2647.14 |
| 2010-12-31 | 891000000.0000 | -- | 7301800.0000 | -- | 13512000.0000 | -- | 2651200.0000 | -- |
| 2025-06-30 | 2413000000.0000 | 23.18 | 310000000.0000 | 154.10 | 306000000.0000 | 150.82 | 250000000.0000 | 127.27 |
| 2025-09-30 | 3890000000.0000 | 28.68 | 579000000.0000 | 188.06 | 575000000.0000 | 186.07 | 483000000.0000 | 165.38 |
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 | 12.39 | 12.78 | 2.26 | 2.5600 | 1.2300 | 4.00 | 0.18 |
| 2024-12 | 7.32 | 7.65 | 5.80 | 9.2100 | 6.8800 | 5.47 | 0.76 |
| 2024-09 | 6.42 | 6.65 | 3.69 | -- | -- | -- | 0.56 |
| 2024-06 | 5.92 | 6.23 | 2.39 | 3.7700 | 3.4700 | 5.52 | 0.38 |
| 2023-12 | 9.80 | 9.88 | 8.00 | 13.4500 | 5.3200 | 6.21 | 0.81 |
| 2024-03 | 5.63 | 6.49 | -- | 1.8700 | -- | -- | -- |
| 2023-06 | 14.10 | 13.48 | 5.93 | 10.1500 | 2.6500 | 5.96 | 0.44 |
| 2023-09 | 100.00 | 10.52 | -- | -- | -- | -- | -- |
| 2022-12 | 15.65 | 15.08 | 17.09 | 29.2800 | 5.8800 | 8.52 | 1.13 |
| 2021-12 | 13.02 | 13.47 | 11.88 | 21.6500 | 5.4300 | 8.20 | 0.88 |
| 2022-06 | 100.00 | 18.14 | 11.01 | -- | -- | -- | 0.61 |
| 2020-12 | 18.08 | 19.91 | 18.12 | 24.5600 | 5.5700 | 8.79 | 0.91 |
| 2021-06 | 11.28 | 11.84 | 5.07 | 8.3300 | 3.2000 | 8.56 | 0.43 |
| 2021-09 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2020-09 | 20.39 | 22.19 | 16.09 | 20.7400 | 4.2600 | 9.63 | 0.72 |
| 2019-12 | 26.51 | 29.57 | 29.92 | 39.4200 | 5.4500 | 10.34 | 1.01 |
| 2020-03 | 22.45 | 23.40 | 5.51 | 6.0100 | 1.2800 | 8.64 | 0.24 |
| 2018-12 | 21.70 | 25.88 | 25.90 | 41.8500 | 5.0900 | 10.24 | 1.00 |
| 2017-12 | 9.38 | 10.40 | 10.12 | 19.4200 | 3.8700 | 9.27 | 0.97 |
| 2012-12 | 5.68 | 6.29 | 5.96 | -- | 3.9300 | 10.79 | 0.95 |
| 2012-09 | 7.79 | 8.47 | 6.90 | -- | 3.2500 | 10.32 | 0.81 |
| 2011-12 | 7.10 | 10.87 | 10.88 | -- | 4.2400 | 10.30 | 1.00 |
| 2010-12 | 1.01 | 1.52 | 1.62 | -- | 5.0600 | 11.89 | 1.07 |
| 2025-06 | 12.60 | 12.68 | 4.91 | 5.7200 | 3.0700 | 4.90 | 0.39 |
| 2025-09 | 14.63 | 14.78 | -- | -- | -- | -- | -- |
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 | 38.76 | 61.22 | 1.4500 | 0.9200 |
| 2024-12 | 38.03 | 61.97 | 1.4000 | 0.9600 |
| 2024-09 | 38.47 | 38.47 | 1.3700 | 1.3700 |
| 2024-06 | 35.72 | 64.28 | 1.3600 | 0.9000 |
| 2023-12 | 33.70 | 66.30 | 1.3300 | 0.8300 |
| 2024-03 | -- | -- | -- | -- |
| 2023-06 | 35.50 | 64.50 | 1.5400 | 1.0800 |
| 2023-09 | -- | -- | -- | -- |
| 2022-12 | 37.25 | 62.75 | 1.4900 | 0.8900 |
| 2021-12 | 39.09 | 60.91 | 1.3200 | 0.6900 |
| 2022-06 | 44.07 | 55.93 | 1.3300 | 1.3300 |
| 2020-12 | 39.24 | 60.79 | 1.1700 | 0.7500 |
| 2021-06 | 41.37 | 58.63 | 1.2900 | 0.8700 |
| 2021-09 | -- | -- | -- | -- |
| 2020-09 | 38.79 | 61.21 | 1.2900 | 0.8400 |
| 2019-12 | 36.38 | 63.62 | 1.5500 | 1.0300 |
| 2020-03 | 32.64 | 67.36 | 1.7100 | 1.1500 |
| 2018-12 | 44.11 | 55.89 | 1.0500 | 0.7100 |
| 2017-12 | 51.41 | 48.59 | 0.8200 | 0.3600 |
| 2012-12 | 63.21 | 36.79 | 1.1500 | 0.7600 |
| 2012-09 | 63.51 | 36.49 | 1.1000 | 0.7100 |
| 2011-12 | 66.59 | 33.41 | 1.0000 | 0.6200 |
| 2010-12 | 50.18 | 49.82 | 1.3300 | 0.8200 |
| 2025-06 | 37.03 | 62.97 | 1.6500 | 1.1800 |
| 2025-09 | -- | -- | -- | -- |
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 | 905000000.0000 | 31192000.0000 | 63370000.0000 | 7653600.0000 |
| 2024-12 | 3926000000.0000 | 78688100.0000 | 265000000.0000 | 46357900.0000 |
| 2024-09 | 2829000000.0000 | 53980400.0000 | 190000000.0000 | 42924400.0000 |
| 2024-06 | 1843000000.0000 | 40569200.0000 | 123000000.0000 | 17512900.0000 |
| 2023-12 | 3489000000.0000 | 85973400.0000 | 254000000.0000 | 39243900.0000 |
| 2024-03 | 822000000.0000 | 15270500.0000 | 50753100.0000 | 7338800.0000 |
| 2023-06 | 1810000000.0000 | 39463900.0000 | 121000000.0000 | 13698400.0000 |
| 2023-09 | -- | -- | -- | -- |
| 2022-12 | 4301000000.0000 | 80327400.0000 | 247000000.0000 | 14864200.0000 |
| 2021-12 | 3113000000.0000 | 58914200.0000 | 180000000.0000 | 60125800.0000 |
| 2022-06 | -- | -- | -- | -- |
| 2020-12 | 2505000000.0000 | 54891900.0000 | 157000000.0000 | 65839500.0000 |
| 2021-06 | 1431000000.0000 | 24677500.0000 | 82228100.0000 | 28056500.0000 |
| 2021-09 | -- | -- | -- | -- |
| 2020-09 | 1858000000.0000 | 36203500.0000 | 110000000.0000 | 39742900.0000 |
| 2019-12 | 2282000000.0000 | 128000000.0000 | 226000000.0000 | 30273900.0000 |
| 2020-03 | 570000000.0000 | 24431300.0000 | 35821400.0000 | 8379600.0000 |
| 2018-12 | 1876000000.0000 | 98902600.0000 | 159000000.0000 | 20294200.0000 |
| 2017-12 | 1594000000.0000 | 93376000.0000 | 148000000.0000 | 40367600.0000 |
| 2012-12 | 896000000.0000 | 35819400.0000 | 81732200.0000 | 14080700.0000 |
| 2012-09 | 698000000.0000 | 26073400.0000 | 57253900.0000 | 10174100.0000 |
| 2011-12 | 824000000.0000 | 29857300.0000 | 72259000.0000 | 12355600.0000 |
| 2010-12 | 882000000.0000 | 30124600.0000 | 63955800.0000 | 17268200.0000 |
| 2025-06 | 2109000000.0000 | 58028800.0000 | 165000000.0000 | 6744000.0000 |
| 2025-09 | 3321000000.0000 | 86286900.0000 | -- | 40201200.0000 |