中商官网
研究报告
ST明诚（600136）
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 | 62310600.0000 | 12430800.0000 | 14542900.0000 | 14542900.0000 | 85833600.0000 | 38022300.0000 | 47811300.0000 |
| 1995 | 62777600.0000 | 12575400.0000 | 12604000.0000 | 12604000.0000 | 110000000.0000 | 51354300.0000 | 58487800.0000 |
| 1996 | 73083500.0000 | 30226600.0000 | 30222200.0000 | 29311700.0000 | 206000000.0000 | 98159400.0000 | 108000000.0000 |
| 1997 | 98811200.0000 | 33633400.0000 | 28361600.0000 | 27131300.0000 | 261000000.0000 | 133000000.0000 | 128000000.0000 |
| 1998 | 100000000.0000 | 8190800.0000 | 24099800.0000 | 17579200.0000 | 389000000.0000 | 126000000.0000 | 263000000.0000 |
| 1999 | 145000000.0000 | 29012800.0000 | 32694300.0000 | 30220500.0000 | 474000000.0000 | 191000000.0000 | 284000000.0000 |
| 2000 | 192000000.0000 | 21252200.0000 | 24390500.0000 | 19853700.0000 | 704000000.0000 | 302000000.0000 | 403000000.0000 |
| 2001 | 176000000.0000 | 25688700.0000 | 39007300.0000 | 22615600.0000 | 863000000.0000 | 428000000.0000 | 437000000.0000 |
| 2002 | 110000000.0000 | -157000000.0000 | -155000000.0000 | -156000000.0000 | 768000000.0000 | 463000000.0000 | 305000000.0000 |
| 2003 | 98942200.0000 | 4568800.0000 | 4284200.0000 | -853000.0000 | 820000000.0000 | 499000000.0000 | 321000000.0000 |
| 2004 | 87552200.0000 | -194000000.0000 | -256000000.0000 | -256000000.0000 | 593000000.0000 | 539000000.0000 | 53342300.0000 |
| 2005 | 38557900.0000 | -46072500.0000 | -47469100.0000 | -47469100.0000 | 396000000.0000 | 393000000.0000 | 3908200.0000 |
| 2006 | 57243700.0000 | 9305900.0000 | 34614600.0000 | 34256900.0000 | 347000000.0000 | 334000000.0000 | 13091700.0000 |
| 2007 | 158000000.0000 | 32151200.0000 | 33775400.0000 | 27133900.0000 | 223000000.0000 | 176000000.0000 | 46671200.0000 |
| 2008 | 88016000.0000 | 26155300.0000 | 25941300.0000 | 22144100.0000 | 199000000.0000 | 130000000.0000 | 68815300.0000 |
| 2009 | 92227100.0000 | 16262600.0000 | 43346000.0000 | 38240800.0000 | 150000000.0000 | 43259400.0000 | 107000000.0000 |
| 2010 | 48006600.0000 | 9828200.0000 | 9827600.0000 | 8919000.0000 | 210000000.0000 | 84454100.0000 | 126000000.0000 |
| 2011 | 65585200.0000 | 3876800.0000 | 15638700.0000 | 12954700.0000 | 170000000.0000 | 34404000.0000 | 136000000.0000 |
| 2012 | 87474300.0000 | 8171200.0000 | 8180600.0000 | 5784400.0000 | 183000000.0000 | 40858200.0000 | 142000000.0000 |
| 2013 | 87666400.0000 | 2667200.0000 | 2502000.0000 | 1032800.0000 | 194000000.0000 | 50056500.0000 | 143000000.0000 |
| 2014 | 70969000.0000 | 3813400.0000 | 3750600.0000 | 1326400.0000 | 192000000.0000 | 46751800.0000 | 145000000.0000 |
| 2015 | 431000000.0000 | 86110400.0000 | 101000000.0000 | 68697800.0000 | 1218000000.0000 | 307000000.0000 | 911000000.0000 |
| 2016 | 569000000.0000 | 159000000.0000 | 173000000.0000 | 147000000.0000 | 3580000000.0000 | 1110000000.0000 | 2470000000.0000 |
| 2017 | 912000000.0000 | 192000000.0000 | 190000000.0000 | 149000000.0000 | 5126000000.0000 | 2380000000.0000 | 2746000000.0000 |
| 2018 | 2668000000.0000 | 198000000.0000 | 198000000.0000 | 80847800.0000 | 10634000000.0000 | 6398000000.0000 | 4236000000.0000 |
| 2019 | 1782000000.0000 | -139000000.0000 | -134000000.0000 | -168000000.0000 | 10402000000.0000 | 5814000000.0000 | 4587000000.0000 |
| 2020 | 700000000.0000 | -2172000000.0000 | -2176000000.0000 | -2107000000.0000 | 9154000000.0000 | 7288000000.0000 | 1866000000.0000 |
| 2021 | 1455000000.0000 | -1390000000.0000 | -1422000000.0000 | -1449000000.0000 | 6843000000.0000 | 6998000000.0000 | -155000000.0000 |
| 2022 | 741000000.0000 | -4762000000.0000 | -4772000000.0000 | -4908000000.0000 | 9154000000.0000 | 7288000000.0000 | 1866000000.0000 |
| 2023 | 525000000.0000 | 2949000000.0000 | 2870000000.0000 | 2855000000.0000 | 702000000.0000 | 260000000.0000 | 441000000.0000 |
| 2024 | 429000000.0000 | -104000000.0000 | -111000000.0000 | -113000000.0000 | 923000000.0000 | 640000000.0000 | 283000000.0000 |
| 2025 | 502000000.0000 | -6954000.0000 | -6866600.0000 | -9990500.0000 | 894000000.0000 | 627000000.0000 | 267000000.0000 |
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 | 19.94 | 23.34 | 16.94 | -- | 1.8000 | 8.24 | 0.73 |
| 1995 | 12.93 | 20.08 | 11.46 | -- | 2.1800 | 4.62 | 0.57 |
| 1996 | 33.21 | 41.35 | 14.67 | -- | 1.0600 | 3.41 | 0.35 |
| 1997 | 28.21 | 28.70 | 10.87 | -- | 0.7300 | 2.49 | 0.38 |
| 1998 | 7.83 | 24.10 | 6.20 | 7.5000 | 0.4900 | 1.52 | 0.26 |
| 1999 | 19.31 | 22.55 | 6.90 | 11.0600 | 0.5400 | -- | 0.31 |
| 2000 | 10.42 | 12.70 | 3.46 | 6.0300 | 0.5700 | -- | 0.27 |
| 2001 | 13.07 | 22.16 | 4.52 | 6.0600 | 0.3400 | 2.22 | 0.20 |
| 2002 | -157.27 | -140.91 | -20.18 | -44.5300 | 0.4800 | 2.15 | 0.14 |
| 2003 | -18.25 | 4.33 | 0.52 | 0.3700 | 0.4500 | 6.21 | 0.12 |
| 2004 | -185.54 | -292.40 | -43.17 | -168.6800 | 0.7500 | 14.71 | 0.15 |
| 2005 | -149.08 | -123.11 | -11.99 | -- | 0.6600 | 10.01 | 0.10 |
| 2006 | -47.28 | 60.47 | 9.98 | -- | 3.0100 | 10.47 | 0.16 |
| 2007 | 17.72 | 21.38 | 15.15 | -- | -- | 43.58 | 0.71 |
| 2008 | 29.72 | 29.47 | 13.04 | 39.7600 | 0.7100 | 128.11 | 0.44 |
| 2009 | 17.63 | 47.00 | 28.90 | 44.6300 | 2.0000 | 86.54 | 0.61 |
| 2010 | 20.47 | 20.47 | 4.68 | 9.8700 | -- | 23.30 | 0.23 |
| 2011 | 5.91 | 23.84 | 9.20 | 9.3800 | 120.1500 | 19.40 | 0.39 |
| 2012 | 9.17 | 9.35 | 4.47 | 3.9700 | 35.4100 | 11.89 | 0.48 |
| 2013 | 0.40 | 2.85 | 1.29 | 0.8900 | 23.2200 | 6.88 | 0.45 |
| 2014 | 5.29 | 5.28 | 1.95 | 0.7100 | 28.0800 | 5.45 | 0.37 |
| 2015 | 18.79 | 23.43 | 8.29 | 7.3200 | 1.6700 | 2.09 | 0.35 |
| 2016 | 28.65 | 30.40 | 4.83 | 5.5400 | 0.5300 | 1.24 | 0.16 |
| 2017 | 18.20 | 20.83 | 3.71 | 5.2100 | 0.4100 | 1.21 | 0.18 |
| 2018 | 5.51 | 7.42 | 1.86 | 6.6600 | 1.4200 | 1.80 | 0.25 |
| 2019 | -33.61 | -7.52 | -1.29 | 3.0200 | 1.1600 | 1.12 | 0.17 |
| 2020 | -295.14 | -310.86 | -23.77 | -73.6300 | 0.7500 | 0.79 | 0.08 |
| 2021 | -104.12 | -97.73 | -20.78 | -102.3700 | 0.8800 | 2.75 | 0.21 |
| 2022 | -647.50 | -643.99 | -52.13 | -- | 1.1300 | 2.04 | 0.08 |
| 2023 | -361.14 | 546.67 | 408.83 | -- | 0.5900 | 2.95 | 0.75 |
| 2024 | -24.94 | -25.87 | -12.03 | -28.9600 | 10.5000 | 5.61 | 0.46 |
| 2025 | -4.78 | -1.37 | -0.77 | -6.6800 | 8.6500 | 3.78 | 0.56 |
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 | 44.30 | 55.70 | 1.5300 | 0.8800 |
| 1995 | 46.69 | 53.17 | 1.5600 | 0.8800 |
| 1996 | 47.65 | 52.43 | 1.1900 | 0.5300 |
| 1997 | 50.96 | 49.04 | 1.2900 | 0.7100 |
| 1998 | 32.39 | 67.61 | 2.9700 | 1.8100 |
| 1999 | 40.30 | 59.92 | 1.6300 | 0.8600 |
| 2000 | 42.90 | 57.24 | 1.8100 | 1.0500 |
| 2001 | 49.59 | 50.64 | 1.4100 | 0.6000 |
| 2002 | 60.29 | 39.71 | 2.2100 | 1.5600 |
| 2003 | 60.85 | 39.15 | 0.9500 | 0.6300 |
| 2004 | 90.89 | 9.00 | 0.8100 | 0.6100 |
| 2005 | 99.24 | 0.99 | 0.6700 | 0.6300 |
| 2006 | 96.25 | 3.77 | 0.2900 | 0.2400 |
| 2007 | 78.92 | 20.93 | 0.4000 | 0.1600 |
| 2008 | 65.33 | 34.58 | 0.8100 | 0.3300 |
| 2009 | 28.84 | 71.33 | 1.8900 | 1.8100 |
| 2010 | 40.22 | 60.00 | 3.0000 | 3.0000 |
| 2011 | 20.24 | 80.00 | 1.5100 | 1.0500 |
| 2012 | 22.33 | 77.60 | 1.6300 | 1.2700 |
| 2013 | 25.80 | 73.71 | 1.5900 | 1.0600 |
| 2014 | 24.35 | 75.52 | 1.0000 | 0.8700 |
| 2015 | 25.21 | 74.79 | 3.3500 | 1.9800 |
| 2016 | 31.01 | 68.99 | 3.8300 | 1.7200 |
| 2017 | 46.43 | 53.57 | 2.7800 | 1.4100 |
| 2018 | 60.17 | 39.83 | 1.4300 | 0.8500 |
| 2019 | 55.89 | 44.10 | 1.0400 | 0.4600 |
| 2020 | 79.62 | 20.38 | 0.5500 | 0.1900 |
| 2021 | 102.27 | -2.27 | 0.4800 | 0.1100 |
| 2022 | 79.62 | 20.38 | 0.2300 | 0.0600 |
| 2023 | 37.04 | 62.82 | 2.8600 | 2.7400 |
| 2024 | 69.34 | 30.66 | 1.3000 | 1.1500 |
| 2025 | 70.13 | 29.87 | 1.2400 | 1.1000 |
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 | 49885200.0000 | 1714000.0000 | 5809600.0000 | 897000.0000 |
| 1995 | 54663300.0000 | 423400.0000 | 5135400.0000 | 3636700.0000 |
| 1996 | 48812300.0000 | 3037800.0000 | 5485800.0000 | 3133800.0000 |
| 1997 | 70941100.0000 | 12383700.0000 | 8312100.0000 | 6565000.0000 |
| 1998 | 92166700.0000 | 29373800.0000 | 19204300.0000 | 6888200.0000 |
| 1999 | 117000000.0000 | 36829100.0000 | 15890800.0000 | 8006900.0000 |
| 2000 | 172000000.0000 | 45020700.0000 | 20996500.0000 | 10598400.0000 |
| 2001 | 153000000.0000 | 43392000.0000 | 20466500.0000 | 8809100.0000 |
| 2002 | 283000000.0000 | 27589900.0000 | 133000000.0000 | 17349800.0000 |
| 2003 | 117000000.0000 | 4367900.0000 | 20464600.0000 | 18822400.0000 |
| 2004 | 250000000.0000 | 4597500.0000 | 139000000.0000 | 20483700.0000 |
| 2005 | 96040300.0000 | 4001800.0000 | 41592000.0000 | 14233200.0000 |
| 2006 | 84310900.0000 | 3788500.0000 | 9643700.0000 | 15125900.0000 |
| 2007 | 130000000.0000 | 2990200.0000 | 7128200.0000 | 9222100.0000 |
| 2008 | 61860700.0000 | 2714100.0000 | 5879300.0000 | 5683300.0000 |
| 2009 | 75964500.0000 | 1745700.0000 | 9126900.0000 | 1270600.0000 |
| 2010 | 38178400.0000 | 993700.0000 | 8750800.0000 | 479400.0000 |
| 2011 | 61708300.0000 | 2062400.0000 | 7728400.0000 | 132500.0000 |
| 2012 | 79455600.0000 | 2591800.0000 | 9002200.0000 | 555800.0000 |
| 2013 | 87315000.0000 | 2539500.0000 | 10775000.0000 | 511500.0000 |
| 2014 | 67214600.0000 | 959800.0000 | 9095700.0000 | 1282300.0000 |
| 2015 | 350000000.0000 | 16933800.0000 | 49517600.0000 | 17222800.0000 |
| 2016 | 406000000.0000 | 7299000.0000 | 80491800.0000 | 46259600.0000 |
| 2017 | 746000000.0000 | 14745800.0000 | 163000000.0000 | 93996000.0000 |
| 2018 | 2521000000.0000 | 72107900.0000 | 237000000.0000 | 372000000.0000 |
| 2019 | 2381000000.0000 | 78643100.0000 | 246000000.0000 | 511000000.0000 |
| 2020 | 2766000000.0000 | 78874200.0000 | 318000000.0000 | 746000000.0000 |
| 2021 | 2970000000.0000 | 40857200.0000 | 255000000.0000 | 524000000.0000 |
| 2022 | 5539000000.0000 | 27839400.0000 | 194000000.0000 | 458000000.0000 |
| 2023 | 2421000000.0000 | 9393100.0000 | 105000000.0000 | 547000000.0000 |
| 2024 | 536000000.0000 | 6023200.0000 | 71040000.0000 | 5347400.0000 |
| 2025 | 526000000.0000 | 4174300.0000 | 56107200.0000 | 10682500.0000 |