中商官网
研究报告
山航B3（420178）
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) |
| 1998 | 503000000.0000 | 41019500.0000 | 41156000.0000 | 35631200.0000 | 533000000.0000 | 244000000.0000 | 289000000.0000 |
| 1999 | 794000000.0000 | 119000000.0000 | 120000000.0000 | 83113900.0000 | 660000000.0000 | 395000000.0000 | 265000000.0000 |
| 2000 | 1042000000.0000 | 142000000.0000 | 143000000.0000 | 93128900.0000 | 1382000000.0000 | 849000000.0000 | 533000000.0000 |
| 2001 | 1312000000.0000 | 71583000.0000 | 74427600.0000 | 54941700.0000 | 2028000000.0000 | 1464000000.0000 | 564000000.0000 |
| 2002 | 1597000000.0000 | -63475700.0000 | -48480100.0000 | -45451300.0000 | 3328000000.0000 | 2795000000.0000 | 533000000.0000 |
| 2003 | 1724000000.0000 | 21761600.0000 | 26153300.0000 | 26103900.0000 | 3996000000.0000 | 3434000000.0000 | 563000000.0000 |
| 2004 | 2229000000.0000 | 23728000.0000 | 11609400.0000 | 11446200.0000 | 3714000000.0000 | 3110000000.0000 | 604000000.0000 |
| 2005 | 2891000000.0000 | -280000000.0000 | -273000000.0000 | -273000000.0000 | 6551000000.0000 | 6274000000.0000 | 277000000.0000 |
| 2006 | 4231000000.0000 | 31187800.0000 | 43421500.0000 | 10340100.0000 | 6036000000.0000 | 5623000000.0000 | 413000000.0000 |
| 2007 | 4630000000.0000 | 118000000.0000 | 98768100.0000 | 68905300.0000 | 7082000000.0000 | 6601000000.0000 | 481000000.0000 |
| 2008 | 5049000000.0000 | 75759400.0000 | 108000000.0000 | 81638600.0000 | 7844000000.0000 | 7281000000.0000 | 563000000.0000 |
| 2009 | 5366000000.0000 | 262000000.0000 | 403000000.0000 | 303000000.0000 | 8096000000.0000 | 7231000000.0000 | 866000000.0000 |
| 2010 | 7293000000.0000 | 824000000.0000 | 845000000.0000 | 635000000.0000 | 8924000000.0000 | 7504000000.0000 | 1420000000.0000 |
| 2011 | 9667000000.0000 | 994000000.0000 | 1031000000.0000 | 771000000.0000 | 9773000000.0000 | 7724000000.0000 | 2049000000.0000 |
| 2012 | 10993000000.0000 | 641000000.0000 | 781000000.0000 | 590000000.0000 | 11261000000.0000 | 8782000000.0000 | 2479000000.0000 |
| 2013 | 11427000000.0000 | 275000000.0000 | 532000000.0000 | 390000000.0000 | 11475000000.0000 | 8782000000.0000 | 2693000000.0000 |
| 2014 | 11570000000.0000 | 206000000.0000 | 398000000.0000 | 288000000.0000 | 12119000000.0000 | 9241000000.0000 | 2878000000.0000 |
| 2015 | 12109000000.0000 | 573000000.0000 | 711000000.0000 | 532000000.0000 | 12749000000.0000 | 9384000000.0000 | 3365000000.0000 |
| 2016 | 13742000000.0000 | 546000000.0000 | 709000000.0000 | 533000000.0000 | 12742000000.0000 | 8906000000.0000 | 3836000000.0000 |
| 2017 | 16485000000.0000 | 618000000.0000 | 651000000.0000 | 490000000.0000 | 13351000000.0000 | 9098000000.0000 | 4253000000.0000 |
| 2018 | 18766000000.0000 | 427000000.0000 | 462000000.0000 | 347000000.0000 | 16564000000.0000 | 12093000000.0000 | 4471000000.0000 |
| 2019 | 18990000000.0000 | 378000000.0000 | 481000000.0000 | 361000000.0000 | 17393000000.0000 | 12219000000.0000 | 5174000000.0000 |
| 2020 | 10534000000.0000 | -3192000000.0000 | -3146000000.0000 | -2382000000.0000 | 22404000000.0000 | 19833000000.0000 | 2570000000.0000 |
| 2021 | 12515000000.0000 | -2488000000.0000 | -2402000000.0000 | -1814000000.0000 | 32644000000.0000 | 33561000000.0000 | -918000000.0000 |
| 2022 | 7493000000.0000 | -6965000000.0000 | -6912000000.0000 | -6907000000.0000 | 31050000000.0000 | 38858000000.0000 | -7807000000.0000 |
| 2023 | 18294000000.0000 | -490000000.0000 | 111000000.0000 | 214000000.0000 | 26795000000.0000 | 34364000000.0000 | -7569000000.0000 |
| 2024 | 19586000000.0000 | -2264000000.0000 | -2120000000.0000 | -2264000000.0000 | 27657000000.0000 | 37529000000.0000 | -9872000000.0000 |
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) |
| 1998 | 7.95 | 8.18 | 7.72 | -- | 3.1200 | -- | 0.94 |
| 1999 | 15.24 | 15.11 | 18.18 | -- | 4.1700 | -- | 1.20 |
| 2000 | 13.34 | 13.72 | 10.35 | -- | 4.5800 | -- | 0.75 |
| 2001 | 4.95 | 5.67 | 3.67 | -- | 4.9500 | 14.93 | 0.65 |
| 2002 | -3.13 | -3.04 | -1.46 | -- | 5.1800 | 17.60 | 0.48 |
| 2003 | 0.87 | 1.52 | 0.65 | -- | 5.5400 | 12.44 | 0.43 |
| 2004 | 0.49 | 0.52 | 0.31 | -- | 8.3200 | 15.14 | 0.60 |
| 2005 | -10.10 | -9.44 | -4.17 | -- | 19.1500 | 22.24 | 0.44 |
| 2006 | 0.35 | 1.03 | 0.72 | -- | 71.7000 | 27.54 | 0.70 |
| 2007 | 1.14 | 2.13 | 1.39 | 8.9000 | 83.7000 | 25.26 | 0.65 |
| 2008 | 1.64 | 2.14 | 1.38 | 15.8900 | 65.6700 | 30.20 | 0.64 |
| 2009 | 5.03 | 7.51 | 4.98 | 43.1100 | 58.8800 | 39.96 | 0.66 |
| 2010 | 11.41 | 11.59 | 9.47 | 56.8400 | 76.7200 | 43.53 | 0.82 |
| 2011 | 10.27 | 10.67 | 10.55 | 45.0500 | 74.8600 | 51.14 | 0.99 |
| 2012 | 5.75 | 7.10 | 6.94 | 26.3600 | 73.5500 | 59.11 | 0.98 |
| 2013 | 2.22 | 4.66 | 4.64 | 15.0800 | 86.3400 | 52.33 | 1.00 |
| 2014 | 2.01 | 3.44 | 3.28 | 10.3300 | 91.5800 | 49.52 | 0.95 |
| 2015 | 4.45 | 5.87 | 5.58 | 17.2200 | 90.8800 | 51.21 | 0.95 |
| 2016 | 3.83 | 5.16 | 5.56 | 14.8800 | 101.9400 | 47.49 | 1.08 |
| 2017 | 2.98 | 3.95 | 4.88 | 12.1900 | 144.3100 | 37.74 | 1.23 |
| 2018 | 0.84 | 2.46 | 2.79 | 7.9400 | 181.1500 | 38.92 | 1.13 |
| 2019 | 1.39 | 2.53 | 2.77 | 7.2200 | 159.9400 | 43.64 | 1.09 |
| 2020 | -31.29 | -29.87 | -14.04 | -61.3100 | 114.1300 | 25.97 | 0.47 |
| 2021 | -21.17 | -19.19 | -7.36 | -- | 121.8800 | 36.04 | 0.38 |
| 2022 | -97.90 | -92.25 | -22.26 | -- | 84.6300 | 23.06 | 0.24 |
| 2023 | -7.20 | 0.61 | 0.41 | -- | 115.7300 | 75.16 | 0.68 |
| 2024 | -13.13 | -10.82 | -7.67 | -- | 142.7600 | 112.85 | 0.71 |
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 |
| 1998 | 45.78 | 54.22 | 2.0800 | 1.2200 |
| 1999 | 59.85 | 40.15 | 1.0600 | 0.4800 |
| 2000 | 61.43 | 38.57 | 1.1000 | 0.7600 |
| 2001 | 72.19 | 27.81 | 0.8600 | 0.5400 |
| 2002 | 83.98 | 16.02 | 0.5100 | 0.3400 |
| 2003 | 85.94 | 14.09 | 0.4000 | 0.3100 |
| 2004 | 83.74 | 16.26 | 0.4400 | 0.3000 |
| 2005 | 95.77 | 4.23 | 0.4600 | 0.4300 |
| 2006 | 93.16 | 6.84 | 0.1900 | 0.1700 |
| 2007 | 93.21 | 6.79 | 0.1900 | 0.1600 |
| 2008 | 92.82 | 7.18 | 0.1600 | 0.1200 |
| 2009 | 89.32 | 10.70 | 0.2100 | 0.1800 |
| 2010 | 84.09 | 15.91 | 0.2600 | 0.2300 |
| 2011 | 79.03 | 20.97 | 0.2200 | 0.1800 |
| 2012 | 77.99 | 22.01 | 0.2900 | 0.2200 |
| 2013 | 76.53 | 23.47 | 0.3900 | 0.3000 |
| 2014 | 76.25 | 23.75 | 0.3600 | 0.2600 |
| 2015 | 73.61 | 26.39 | 0.5700 | 0.4900 |
| 2016 | 69.89 | 30.11 | 0.4300 | 0.3400 |
| 2017 | 68.14 | 31.86 | 0.4500 | 0.3300 |
| 2018 | 73.01 | 26.99 | 0.3800 | 0.2700 |
| 2019 | 70.25 | 29.75 | 0.2900 | 0.2000 |
| 2020 | 88.52 | 11.47 | 0.9300 | 0.8400 |
| 2021 | 102.81 | -2.81 | 0.4900 | 0.4400 |
| 2022 | 125.15 | -25.14 | 0.2600 | 0.2200 |
| 2023 | 128.25 | -28.25 | 0.1100 | 0.0800 |
| 2024 | 135.69 | -35.69 | 0.1100 | 0.0700 |
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) |
| 1998 | 463000000.0000 | 35292300.0000 | 18003000.0000 | 8048800.0000 |
| 1999 | 673000000.0000 | 67480100.0000 | 25031800.0000 | 3863200.0000 |
| 2000 | 903000000.0000 | 70738600.0000 | 35136300.0000 | 11989500.0000 |
| 2001 | 1247000000.0000 | 106000000.0000 | 46439400.0000 | 62496500.0000 |
| 2002 | 1647000000.0000 | 130000000.0000 | 66047200.0000 | 126000000.0000 |
| 2003 | 1709000000.0000 | 120000000.0000 | 73793800.0000 | 137000000.0000 |
| 2004 | 2218000000.0000 | 179000000.0000 | 90542100.0000 | 118000000.0000 |
| 2005 | 3183000000.0000 | 192000000.0000 | 249000000.0000 | 129000000.0000 |
| 2006 | 4216000000.0000 | 203000000.0000 | 171000000.0000 | 301000000.0000 |
| 2007 | 4577000000.0000 | 211000000.0000 | 171000000.0000 | 283000000.0000 |
| 2008 | 4966000000.0000 | 237000000.0000 | 187000000.0000 | 254000000.0000 |
| 2009 | 5096000000.0000 | 346000000.0000 | 229000000.0000 | 252000000.0000 |
| 2010 | 6461000000.0000 | 480000000.0000 | 136000000.0000 | 151000000.0000 |
| 2011 | 8674000000.0000 | 622000000.0000 | 188000000.0000 | 92697100.0000 |
| 2012 | 10361000000.0000 | 746000000.0000 | 238000000.0000 | 244000000.0000 |
| 2013 | 11173000000.0000 | 775000000.0000 | 221000000.0000 | 148000000.0000 |
| 2014 | 11337000000.0000 | 790000000.0000 | 234000000.0000 | 202000000.0000 |
| 2015 | 11570000000.0000 | 714000000.0000 | 281000000.0000 | 338000000.0000 |
| 2016 | 13216000000.0000 | 675000000.0000 | 334000000.0000 | 274000000.0000 |
| 2017 | 15993000000.0000 | 782000000.0000 | 378000000.0000 | 14256400.0000 |
| 2018 | 18609000000.0000 | 848000000.0000 | 429000000.0000 | 142000000.0000 |
| 2019 | 18726000000.0000 | 852000000.0000 | 483000000.0000 | 148000000.0000 |
| 2020 | 13830000000.0000 | 614000000.0000 | 494000000.0000 | 184000000.0000 |
| 2021 | 15164000000.0000 | 649000000.0000 | 424000000.0000 | 575000000.0000 |
| 2022 | 14829000000.0000 | 433000000.0000 | 373000000.0000 | 1649000000.0000 |
| 2023 | 19611000000.0000 | 881000000.0000 | 362000000.0000 | 879000000.0000 |
| 2024 | 22157000000.0000 | 1002000000.0000 | 379000000.0000 | 802000000.0000 |