中商官网
研究报告
凯马B3（420223）
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) |
| 1995 | -- | -- | -- | -- | -- | -- | -- |
| 1997 | 1464000000.0000 | 73358200.0000 | 73310400.0000 | 62353000.0000 | 2054000000.0000 | 1512000000.0000 | 542000000.0000 |
| 1998 | 1384000000.0000 | 83773200.0000 | 89280400.0000 | 77243200.0000 | 2807000000.0000 | 1623000000.0000 | 1184000000.0000 |
| 1999 | 2832000000.0000 | 87415100.0000 | 85214200.0000 | 80980500.0000 | 3191000000.0000 | 1920000000.0000 | 1271000000.0000 |
| 2000 | 3111000000.0000 | 79519400.0000 | 90283600.0000 | 73424800.0000 | 3642000000.0000 | 2251000000.0000 | 1391000000.0000 |
| 2001 | 2330000000.0000 | -373000000.0000 | -383000000.0000 | -373000000.0000 | 3290000000.0000 | 2291000000.0000 | 999000000.0000 |
| 2002 | 2443000000.0000 | -34458100.0000 | -29953000.0000 | 17971700.0000 | 3415000000.0000 | 2397000000.0000 | 1018000000.0000 |
| 2003 | 2139000000.0000 | -162000000.0000 | -191000000.0000 | -192000000.0000 | 2731000000.0000 | 1903000000.0000 | 828000000.0000 |
| 2004 | 2231000000.0000 | 2929500.0000 | 5595000.0000 | 1425400.0000 | 2500000000.0000 | 1641000000.0000 | 859000000.0000 |
| 2005 | 2662000000.0000 | 17824100.0000 | 20774300.0000 | 11485100.0000 | 2384000000.0000 | 1492000000.0000 | 893000000.0000 |
| 2006 | 3193000000.0000 | -73118200.0000 | -70300700.0000 | -87834600.0000 | 2384000000.0000 | 1581000000.0000 | 802000000.0000 |
| 2007 | 3471000000.0000 | -177000000.0000 | -174000000.0000 | -193000000.0000 | 2329000000.0000 | 1725000000.0000 | 604000000.0000 |
| 2008 | 3845000000.0000 | 67413200.0000 | 73410600.0000 | 48007900.0000 | 2387000000.0000 | 1706000000.0000 | 681000000.0000 |
| 2009 | 5527000000.0000 | 174000000.0000 | 197000000.0000 | 139000000.0000 | 3050000000.0000 | 2100000000.0000 | 951000000.0000 |
| 2010 | 6170000000.0000 | 292000000.0000 | 309000000.0000 | 246000000.0000 | 3903000000.0000 | 2604000000.0000 | 1298000000.0000 |
| 2011 | 5839000000.0000 | 94476100.0000 | 98926200.0000 | 65479900.0000 | 4117000000.0000 | 2651000000.0000 | 1467000000.0000 |
| 2012 | 5582000000.0000 | 34938900.0000 | 40062000.0000 | 23902600.0000 | 4011000000.0000 | 2572000000.0000 | 1439000000.0000 |
| 2013 | 5407000000.0000 | 23428600.0000 | 43099100.0000 | 23243700.0000 | 4105000000.0000 | 2657000000.0000 | 1449000000.0000 |
| 2014 | 4585000000.0000 | -182000000.0000 | -176000000.0000 | -180000000.0000 | 4047000000.0000 | 2792000000.0000 | 1255000000.0000 |
| 2015 | 4718000000.0000 | 25886700.0000 | 50761900.0000 | 33101100.0000 | 4109000000.0000 | 2823000000.0000 | 1286000000.0000 |
| 2016 | 4605000000.0000 | -64319500.0000 | 66838400.0000 | 34341000.0000 | 4239000000.0000 | 2937000000.0000 | 1302000000.0000 |
| 2017 | 4889000000.0000 | -46463200.0000 | 49810600.0000 | 25238600.0000 | 5079000000.0000 | 3732000000.0000 | 1347000000.0000 |
| 2018 | 3673000000.0000 | -206000000.0000 | -206000000.0000 | -264000000.0000 | 4863000000.0000 | 3800000000.0000 | 1063000000.0000 |
| 2019 | 3471000000.0000 | 84794700.0000 | 85487700.0000 | 69291400.0000 | 5077000000.0000 | 3997000000.0000 | 1080000000.0000 |
| 2020 | 3975000000.0000 | 17480100.0000 | 44301400.0000 | 41974100.0000 | 4950000000.0000 | 3849000000.0000 | 1101000000.0000 |
| 2021 | 3988000000.0000 | -213000000.0000 | -231000000.0000 | -215000000.0000 | 4411000000.0000 | 3547000000.0000 | 865000000.0000 |
| 2022 | 2861000000.0000 | -302000000.0000 | -301000000.0000 | -262000000.0000 | 3685000000.0000 | 3050000000.0000 | 635000000.0000 |
| 2023 | 2950000000.0000 | -230000000.0000 | -220000000.0000 | -224000000.0000 | 3280000000.0000 | 2874000000.0000 | 406000000.0000 |
| 2024 | 2506000000.0000 | -224000000.0000 | -225000000.0000 | -242000000.0000 | 2744000000.0000 | 2474000000.0000 | 270000000.0000 |
| 2025 | 1582000000.0000 | -149000000.0000 | -143000000.0000 | -190000000.0000 | 2252000000.0000 | 2188000000.0000 | 64206000.0000 |
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) |
| 1995 | -- | -- | -- | -- | -- | -- | -- |
| 1997 | 4.51 | 5.01 | 3.57 | -- | 2.2000 | 2.78 | 0.71 |
| 1998 | 4.84 | 6.45 | 3.18 | 18.0900 | 4.6300 | 4.76 | 0.49 |
| 1999 | 1.06 | 3.01 | 2.67 | 6.4300 | 4.3100 | -- | 0.89 |
| 2000 | 0.96 | 2.90 | 2.48 | 6.5800 | 3.7500 | -- | 0.85 |
| 2001 | -13.69 | -16.44 | -11.64 | -30.1300 | 2.8300 | 6.38 | 0.71 |
| 2002 | -6.92 | -1.23 | -0.88 | 2.0200 | 3.3200 | 7.31 | 0.72 |
| 2003 | -9.16 | -8.93 | -6.99 | -- | 3.4300 | 9.20 | 0.78 |
| 2004 | -0.36 | 0.25 | 0.22 | 0.8000 | 4.3900 | 12.81 | 0.89 |
| 2005 | 0.38 | 0.78 | 0.87 | 1.0900 | 5.2000 | 13.04 | 1.12 |
| 2006 | -1.66 | -2.20 | -2.95 | -- | 6.2100 | 13.37 | 1.34 |
| 2007 | -3.23 | -5.01 | -7.47 | -28.3900 | 6.8900 | 15.23 | 1.49 |
| 2008 | 1.09 | 1.91 | 3.08 | 6.4900 | 7.0600 | 15.29 | 1.61 |
| 2009 | 3.15 | 3.56 | 6.46 | 20.1100 | 7.4400 | 16.72 | 1.81 |
| 2010 | 4.54 | 5.01 | 7.92 | 20.9100 | 7.0500 | 17.38 | 1.58 |
| 2011 | 1.70 | 1.69 | 2.40 | 2.4500 | 6.4500 | 14.12 | 1.42 |
| 2012 | 0.63 | 0.72 | 1.00 | 0.7500 | 6.2800 | 11.27 | 1.39 |
| 2013 | 0.44 | 0.80 | 1.05 | 0.5300 | 6.6400 | 10.25 | 1.32 |
| 2014 | -3.99 | -3.84 | -4.35 | -16.8300 | 5.6500 | 9.04 | 1.13 |
| 2015 | 0.51 | 1.08 | 1.24 | 1.0300 | 5.8200 | 9.20 | 1.15 |
| 2016 | -1.98 | 1.45 | 1.58 | 0.7200 | 6.1300 | 8.45 | 1.09 |
| 2017 | -4.42 | 1.02 | 0.98 | 3.2700 | 6.1800 | 7.56 | 0.96 |
| 2018 | -12.63 | -5.61 | -4.24 | -14.4900 | 4.7500 | 4.65 | 0.76 |
| 2019 | -1.93 | 2.46 | 1.68 | 4.0800 | 4.5400 | 4.09 | 0.68 |
| 2020 | -4.05 | 1.11 | 0.89 | 2.1000 | 5.5700 | 4.60 | 0.80 |
| 2021 | -8.17 | -5.79 | -5.24 | -25.5500 | 6.0300 | 4.90 | 0.90 |
| 2022 | -14.19 | -10.52 | -8.17 | -34.2900 | 4.7700 | 4.31 | 0.78 |
| 2023 | -10.58 | -7.46 | -6.71 | -51.6400 | 6.5500 | 5.65 | 0.90 |
| 2024 | -6.15 | -8.98 | -8.20 | -172.5100 | 8.4200 | 7.27 | 0.91 |
| 2025 | -11.95 | -9.04 | -6.35 | -- | 8.0100 | 7.47 | 0.70 |
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 |
| 1995 | -- | -- | -- | -- |
| 1997 | 73.61 | 26.39 | 0.9700 | 0.5500 |
| 1998 | 57.82 | 42.18 | 1.2100 | 0.9300 |
| 1999 | 60.17 | 39.83 | 1.2900 | 0.9000 |
| 2000 | 61.81 | 38.19 | 1.2100 | 0.7300 |
| 2001 | 69.64 | 30.36 | 1.1200 | 0.7100 |
| 2002 | 70.19 | 29.81 | 1.0500 | 0.5700 |
| 2003 | 69.68 | 30.32 | 0.9100 | 0.4300 |
| 2004 | 65.64 | 34.36 | 0.8200 | 0.4700 |
| 2005 | 62.58 | 37.46 | 0.7100 | 0.3700 |
| 2006 | 66.32 | 33.64 | 0.7100 | 0.3700 |
| 2007 | 74.07 | 25.93 | 0.6800 | 0.3800 |
| 2008 | 71.47 | 28.53 | 0.7300 | 0.3700 |
| 2009 | 68.85 | 31.18 | 0.9800 | 0.4900 |
| 2010 | 66.72 | 33.26 | 0.9800 | 0.5700 |
| 2011 | 64.39 | 35.63 | 0.9000 | 0.4900 |
| 2012 | 64.12 | 35.88 | 0.8600 | 0.4600 |
| 2013 | 64.73 | 35.30 | 0.8700 | 0.5300 |
| 2014 | 68.99 | 31.01 | 0.8300 | 0.4700 |
| 2015 | 68.70 | 31.30 | 0.8500 | 0.5400 |
| 2016 | 69.29 | 30.71 | 0.9300 | 0.6300 |
| 2017 | 73.48 | 26.52 | 0.9800 | 0.6900 |
| 2018 | 78.14 | 21.86 | 0.8600 | 0.6000 |
| 2019 | 78.73 | 21.27 | 0.8300 | 0.5500 |
| 2020 | 77.76 | 22.24 | 0.8600 | 0.6000 |
| 2021 | 80.41 | 19.61 | 0.7700 | 0.4800 |
| 2022 | 82.77 | 17.23 | 0.7000 | 0.4600 |
| 2023 | 87.62 | 12.38 | 0.6400 | 0.4700 |
| 2024 | 90.16 | 9.84 | 0.5800 | 0.4400 |
| 2025 | 97.16 | 2.85 | 0.5100 | 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) |
| 1995 | -- | -- | -- | -- |
| 1997 | 1398000000.0000 | 51495100.0000 | 63147900.0000 | 24504100.0000 |
| 1998 | 1317000000.0000 | 41108200.0000 | 80016500.0000 | 14587100.0000 |
| 1999 | 2802000000.0000 | 107000000.0000 | 126000000.0000 | 55434800.0000 |
| 2000 | 3081000000.0000 | 136000000.0000 | 170000000.0000 | 80083100.0000 |
| 2001 | 2649000000.0000 | 142000000.0000 | 325000000.0000 | 62314400.0000 |
| 2002 | 2612000000.0000 | 137000000.0000 | 191000000.0000 | 70870900.0000 |
| 2003 | 2335000000.0000 | 106000000.0000 | 224000000.0000 | 79000400.0000 |
| 2004 | 2239000000.0000 | 75296800.0000 | 87447000.0000 | 59438200.0000 |
| 2005 | 2652000000.0000 | 89497300.0000 | 113000000.0000 | 45906800.0000 |
| 2006 | 3246000000.0000 | 107000000.0000 | 147000000.0000 | 42886800.0000 |
| 2007 | 3583000000.0000 | 150000000.0000 | 145000000.0000 | 59204300.0000 |
| 2008 | 3803000000.0000 | 139000000.0000 | 135000000.0000 | 25132800.0000 |
| 2009 | 5353000000.0000 | 213000000.0000 | 240000000.0000 | 29136900.0000 |
| 2010 | 5890000000.0000 | 206000000.0000 | 229000000.0000 | 34889000.0000 |
| 2011 | 5740000000.0000 | 179000000.0000 | 189000000.0000 | 29854900.0000 |
| 2012 | 5547000000.0000 | 183000000.0000 | 178000000.0000 | 32719700.0000 |
| 2013 | 5383000000.0000 | 178000000.0000 | 203000000.0000 | 37509000.0000 |
| 2014 | 4768000000.0000 | 154000000.0000 | 233000000.0000 | 34105800.0000 |
| 2015 | 4694000000.0000 | 132000000.0000 | 206000000.0000 | 23304000.0000 |
| 2016 | 4696000000.0000 | 134000000.0000 | 198000000.0000 | 18594300.0000 |
| 2017 | 5105000000.0000 | 132000000.0000 | 218000000.0000 | 35516700.0000 |
| 2018 | 4137000000.0000 | 127000000.0000 | 168000000.0000 | 33002600.0000 |
| 2019 | 3538000000.0000 | 116000000.0000 | 148000000.0000 | 18376800.0000 |
| 2020 | 4136000000.0000 | 103000000.0000 | 143000000.0000 | 35264800.0000 |
| 2021 | 4314000000.0000 | 78686800.0000 | 215000000.0000 | 52621000.0000 |
| 2022 | 3267000000.0000 | 70728500.0000 | 151000000.0000 | 44122900.0000 |
| 2023 | 3262000000.0000 | 48806600.0000 | 116000000.0000 | 31597800.0000 |
| 2024 | 2660000000.0000 | 28399300.0000 | 86576100.0000 | 30515300.0000 |
| 2025 | 1771000000.0000 | 20865200.0000 | 55801300.0000 | 22123800.0000 |