中商官网
研究报告
R华泽1（400075）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 1994 | 123000000.0000 | 9950900.0000 | 9321300.0000 | 8243400.0000 | 205000000.0000 | 71031600.0000 | 134000000.0000 |
| 1995 | 141000000.0000 | 9898200.0000 | 9898200.0000 | 8675700.0000 | 233000000.0000 | 90678600.0000 | 143000000.0000 |
| 1996 | 104000000.0000 | 26109100.0000 | 26018800.0000 | 23371600.0000 | 262000000.0000 | 107000000.0000 | 155000000.0000 |
| 1997 | 94762900.0000 | 18563400.0000 | 18454700.0000 | 15945800.0000 | 262000000.0000 | 106000000.0000 | 156000000.0000 |
| 1998 | 79576200.0000 | 20260500.0000 | 20051700.0000 | 18978600.0000 | 306000000.0000 | 142000000.0000 | 164000000.0000 |
| 1999 | 111000000.0000 | 36634200.0000 | 36587200.0000 | 32919600.0000 | 380000000.0000 | 184000000.0000 | 196000000.0000 |
| 2000 | 162000000.0000 | 36425000.0000 | 36411000.0000 | 31697700.0000 | 586000000.0000 | 236000000.0000 | 351000000.0000 |
| 2001 | 181000000.0000 | 49975600.0000 | 49428100.0000 | 38368600.0000 | 988000000.0000 | 542000000.0000 | 446000000.0000 |
| 2002 | 238000000.0000 | 27031200.0000 | 26970800.0000 | 23221200.0000 | 1100000000.0000 | 631000000.0000 | 469000000.0000 |
| 2003 | 308000000.0000 | 14305300.0000 | 11365500.0000 | 2850200.0000 | 1310000000.0000 | 870000000.0000 | 440000000.0000 |
| 2004 | 287000000.0000 | -37887700.0000 | -58744400.0000 | -61957400.0000 | 1279000000.0000 | 882000000.0000 | 397000000.0000 |
| 2005 | 130000000.0000 | -137000000.0000 | -166000000.0000 | -167000000.0000 | 1104000000.0000 | 863000000.0000 | 241000000.0000 |
| 2006 | 124000000.0000 | -176000000.0000 | -180000000.0000 | -180000000.0000 | 901000000.0000 | 923000000.0000 | -22252400.0000 |
| 2007 | 79883100.0000 | -148000000.0000 | 20925200.0000 | 20874000.0000 | 434000000.0000 | 436000000.0000 | -1378400.0000 |
| 2008 | 65345200.0000 | -65554000.0000 | 3657400.0000 | 3657400.0000 | 389000000.0000 | 389000000.0000 | 203500.0000 |
| 2009 | 58064700.0000 | -68353400.0000 | -68790500.0000 | -68790500.0000 | 291000000.0000 | 359000000.0000 | -68587000.0000 |
| 2010 | 51513400.0000 | -70727200.0000 | 4919400.0000 | 4919400.0000 | 245000000.0000 | 308000000.0000 | -63167600.0000 |
| 2011 | 36810000.0000 | -62315000.0000 | -62769500.0000 | -62769500.0000 | 192000000.0000 | 318000000.0000 | -126000000.0000 |
| 2012 | 1262000000.0000 | 178000000.0000 | 191000000.0000 | 156000000.0000 | 2227000000.0000 | 1179000000.0000 | 1049000000.0000 |
| 2013 | 4408000000.0000 | 125000000.0000 | 131000000.0000 | 112000000.0000 | 3411000000.0000 | 2238000000.0000 | 1173000000.0000 |
| 2014 | 8049000000.0000 | 260000000.0000 | 261000000.0000 | 218000000.0000 | 4226000000.0000 | 2813000000.0000 | 1413000000.0000 |
| 2015 | 8508000000.0000 | -111000000.0000 | -152000000.0000 | -155000000.0000 | 5432000000.0000 | 4175000000.0000 | 1257000000.0000 |
| 2016 | 2056000000.0000 | -347000000.0000 | -396000000.0000 | -402000000.0000 | 3810000000.0000 | 2957000000.0000 | 853000000.0000 |
| 2017 | 391000000.0000 | -2225000000.0000 | -2288000000.0000 | -2288000000.0000 | 1707000000.0000 | 3152000000.0000 | -1445000000.0000 |
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) |
| 1994 | 5.69 | 7.58 | 4.55 | -- | 5.9500 | 17.60 | 0.60 |
| 1995 | 0.00 | 7.02 | 4.25 | -- | 5.7600 | 26.67 | 0.61 |
| 1996 | 16.50 | 25.02 | 9.93 | -- | 2.7000 | 13.39 | 0.40 |
| 1997 | 7.66 | 19.47 | 7.04 | -- | 2.3200 | 11.01 | 0.36 |
| 1998 | -5.73 | 25.20 | 6.55 | -- | 2.2600 | 16.54 | 0.26 |
| 1999 | 18.17 | 32.96 | 9.63 | -- | 3.2000 | -- | 0.29 |
| 2000 | 19.14 | 22.48 | 6.21 | -- | 6.4900 | -- | 0.28 |
| 2001 | 22.10 | 27.31 | 5.00 | -- | 7.8600 | 8.56 | 0.18 |
| 2002 | 10.92 | 11.33 | 2.45 | -- | 10.6500 | 8.72 | 0.22 |
| 2003 | 4.55 | 3.69 | 0.87 | -- | 4.8600 | 9.67 | 0.24 |
| 2004 | -13.24 | -20.47 | -4.59 | -13.7900 | 4.7600 | 5.57 | 0.22 |
| 2005 | -105.38 | -127.69 | -15.04 | -58.9200 | 6.1200 | 2.76 | 0.12 |
| 2006 | -144.35 | -145.16 | -19.98 | -- | 5.6000 | 6.23 | 0.14 |
| 2007 | -194.18 | 26.19 | 4.82 | -- | 4.6700 | 4.73 | 0.18 |
| 2008 | -108.13 | 5.60 | 0.94 | -- | 5.1800 | 5.03 | 0.17 |
| 2009 | -180.72 | -118.47 | -23.64 | -- | 6.6700 | 6.48 | 0.20 |
| 2010 | -146.54 | 9.55 | 2.01 | -- | 7.9500 | 2.86 | 0.21 |
| 2011 | -174.38 | -170.52 | -32.69 | -- | 8.7700 | 2.27 | 0.19 |
| 2012 | 14.10 | 15.13 | 8.58 | -- | 12.6100 | 10.02 | 0.57 |
| 2013 | 2.84 | 2.97 | 3.84 | 10.0600 | 17.5200 | 34.95 | 1.29 |
| 2014 | 3.23 | 3.24 | 6.18 | 16.5100 | 15.7500 | 29.88 | 1.90 |
| 2015 | -1.32 | -1.79 | -2.80 | -11.6400 | 23.3400 | 32.17 | 1.57 |
| 2016 | -16.88 | -19.26 | -10.39 | -38.3300 | 12.4700 | 8.64 | 0.54 |
| 2017 | -569.05 | -585.17 | -134.04 | -- | 4.3700 | 3.32 | 0.23 |
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 |
| 1994 | 34.65 | 65.37 | 1.2300 | 0.7600 |
| 1995 | 38.92 | 61.37 | 1.4800 | 0.9700 |
| 1996 | 40.84 | 59.16 | 1.5900 | 1.1900 |
| 1997 | 40.46 | 59.54 | 1.5400 | 1.1700 |
| 1998 | 46.41 | 53.59 | 1.1400 | 0.9000 |
| 1999 | 48.42 | 51.58 | 1.3100 | 1.1300 |
| 2000 | 40.27 | 59.90 | 2.7200 | 2.3700 |
| 2001 | 54.86 | 45.14 | 0.8400 | 0.7500 |
| 2002 | 57.36 | 42.64 | 0.6600 | 0.6300 |
| 2003 | 66.41 | 33.59 | 0.8200 | 0.7000 |
| 2004 | 68.96 | 31.04 | 0.7700 | 0.7300 |
| 2005 | 78.17 | 21.83 | 0.6700 | 0.6300 |
| 2006 | 102.44 | -2.47 | 0.4700 | 0.4300 |
| 2007 | 100.46 | -0.32 | 0.1300 | 0.0900 |
| 2008 | 100.00 | 0.05 | 0.1400 | 0.1000 |
| 2009 | 123.37 | -23.57 | 0.1700 | 0.1400 |
| 2010 | 125.71 | -25.78 | 0.3700 | 0.3300 |
| 2011 | 165.63 | -65.63 | 0.3300 | 0.3100 |
| 2012 | 52.94 | 47.10 | 0.3000 | 0.2900 |
| 2013 | 65.61 | 34.39 | 1.2400 | 0.9200 |
| 2014 | 66.56 | 33.44 | 1.2700 | 0.8800 |
| 2015 | 76.86 | 23.14 | 1.1600 | 0.7000 |
| 2016 | 77.61 | 22.39 | 1.3600 | 0.9200 |
| 2017 | 184.65 | -84.65 | 0.4400 | 0.4000 |
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) |
| 1994 | 116000000.0000 | 1687200.0000 | 6358100.0000 | -266400.0000 |
| 1995 | 141000000.0000 | 833100.0000 | 5922300.0000 | -2010100.0000 |
| 1996 | 86835500.0000 | 242400.0000 | 4652100.0000 | -2667500.0000 |
| 1997 | 87500600.0000 | 660800.0000 | 8647900.0000 | -3277000.0000 |
| 1998 | 84135100.0000 | 442400.0000 | 6666300.0000 | 3305500.0000 |
| 1999 | 90829600.0000 | 752700.0000 | 10710000.0000 | 2169200.0000 |
| 2000 | 131000000.0000 | 648400.0000 | 12352500.0000 | -1196600.0000 |
| 2001 | 141000000.0000 | 10417700.0000 | 16016100.0000 | 10394400.0000 |
| 2002 | 212000000.0000 | 10962700.0000 | 28520300.0000 | 30298800.0000 |
| 2003 | 294000000.0000 | 20807500.0000 | 32413900.0000 | 37437800.0000 |
| 2004 | 325000000.0000 | 28085100.0000 | 37719200.0000 | 41349500.0000 |
| 2005 | 267000000.0000 | 16983600.0000 | 45459800.0000 | 53134400.0000 |
| 2006 | 303000000.0000 | 25025500.0000 | 28073200.0000 | 60243400.0000 |
| 2007 | 235000000.0000 | 12026500.0000 | 7675000.0000 | 94534900.0000 |
| 2008 | 136000000.0000 | 15224900.0000 | 11271300.0000 | 25143800.0000 |
| 2009 | 163000000.0000 | 13927900.0000 | 10382000.0000 | 36920800.0000 |
| 2010 | 127000000.0000 | 13603800.0000 | 9920000.0000 | 16572200.0000 |
| 2011 | 101000000.0000 | 6547500.0000 | 12351800.0000 | 15820400.0000 |
| 2012 | 1084000000.0000 | 6593300.0000 | 50732900.0000 | 47118300.0000 |
| 2013 | 4283000000.0000 | 9770900.0000 | 56345400.0000 | 50467900.0000 |
| 2014 | 7789000000.0000 | 9061500.0000 | 58300700.0000 | 40769900.0000 |
| 2015 | 8620000000.0000 | 13863900.0000 | 40051600.0000 | 36804700.0000 |
| 2016 | 2403000000.0000 | 4398700.0000 | 32837900.0000 | 99708600.0000 |
| 2017 | 2616000000.0000 | 1515900.0000 | 61252400.0000 | 129000000.0000 |