中商官网
研究报告
ST联合（600358）
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) |
| 1997 | 120000000.0000 | 21052400.0000 | 22252400.0000 | 19898000.0000 | 202000000.0000 | 94855300.0000 | 107000000.0000 |
| 1998 | 121000000.0000 | 25533800.0000 | 26303900.0000 | 24666300.0000 | 270000000.0000 | 121000000.0000 | 149000000.0000 |
| 1999 | 146000000.0000 | 25060800.0000 | 25395000.0000 | 20726200.0000 | 310000000.0000 | 160000000.0000 | 150000000.0000 |
| 2000 | 87471800.0000 | 15796100.0000 | 23649300.0000 | 17429800.0000 | 521000000.0000 | 113000000.0000 | 408000000.0000 |
| 2001 | 108000000.0000 | 17964700.0000 | 13571300.0000 | 9786500.0000 | 572000000.0000 | 149000000.0000 | 422000000.0000 |
| 2002 | 75300400.0000 | 14585400.0000 | 15313600.0000 | 17699700.0000 | 576000000.0000 | 77112600.0000 | 499000000.0000 |
| 2003 | 237000000.0000 | 33514100.0000 | 33649800.0000 | 29996800.0000 | 2916000000.0000 | 2274000000.0000 | 643000000.0000 |
| 2004 | 328000000.0000 | 33638000.0000 | 27765700.0000 | 22473400.0000 | 3589000000.0000 | 2877000000.0000 | 712000000.0000 |
| 2005 | 224000000.0000 | 8176200.0000 | 8750000.0000 | 5434800.0000 | 895000000.0000 | 305000000.0000 | 590000000.0000 |
| 2006 | 96035800.0000 | 19540000.0000 | 18120200.0000 | 17201500.0000 | 789000000.0000 | 238000000.0000 | 551000000.0000 |
| 2007 | 122000000.0000 | 20144100.0000 | 27297100.0000 | 18590100.0000 | 783000000.0000 | 237000000.0000 | 546000000.0000 |
| 2008 | 158000000.0000 | -18880700.0000 | 28772300.0000 | 20494200.0000 | 879000000.0000 | 335000000.0000 | 544000000.0000 |
| 2009 | 184000000.0000 | -4159400.0000 | 34797900.0000 | 22519600.0000 | 986000000.0000 | 422000000.0000 | 564000000.0000 |
| 2010 | 188000000.0000 | -8379800.0000 | 35433200.0000 | 22295200.0000 | 1017000000.0000 | 431000000.0000 | 586000000.0000 |
| 2011 | 178000000.0000 | -58054600.0000 | -55335900.0000 | -61765200.0000 | 1105000000.0000 | 573000000.0000 | 532000000.0000 |
| 2012 | 150000000.0000 | -58946000.0000 | -62588700.0000 | -56077200.0000 | 1160000000.0000 | 709000000.0000 | 451000000.0000 |
| 2013 | 119000000.0000 | 40998700.0000 | 36716700.0000 | 10649900.0000 | 1054000000.0000 | 592000000.0000 | 462000000.0000 |
| 2014 | 88557900.0000 | -164000000.0000 | -165000000.0000 | -166000000.0000 | 731000000.0000 | 435000000.0000 | 296000000.0000 |
| 2015 | 88326700.0000 | 34765500.0000 | 32535500.0000 | 12889300.0000 | 732000000.0000 | 417000000.0000 | 315000000.0000 |
| 2016 | 117000000.0000 | -149000000.0000 | -163000000.0000 | -163000000.0000 | 914000000.0000 | 396000000.0000 | 518000000.0000 |
| 2017 | 288000000.0000 | 59363400.0000 | 62387100.0000 | 53519300.0000 | 876000000.0000 | 253000000.0000 | 623000000.0000 |
| 2018 | 275000000.0000 | -57561300.0000 | -56230900.0000 | -65226400.0000 | 755000000.0000 | 211000000.0000 | 544000000.0000 |
| 2019 | 355000000.0000 | -195000000.0000 | -181000000.0000 | -187000000.0000 | 559000000.0000 | 246000000.0000 | 313000000.0000 |
| 2020 | 522000000.0000 | -9229500.0000 | 24837900.0000 | 20106100.0000 | 513000000.0000 | 353000000.0000 | 160000000.0000 |
| 2021 | 824000000.0000 | -4897800.0000 | 23834400.0000 | 20753500.0000 | 565000000.0000 | 368000000.0000 | 196000000.0000 |
| 2022 | 565000000.0000 | -14119100.0000 | 3672700.0000 | -1468600.0000 | 477000000.0000 | 293000000.0000 | 183000000.0000 |
| 2023 | 580000000.0000 | -33682200.0000 | -16169600.0000 | -18300000.0000 | 598000000.0000 | 375000000.0000 | 223000000.0000 |
| 2024 | 365000000.0000 | -63508000.0000 | -68438800.0000 | -66135700.0000 | 425000000.0000 | 333000000.0000 | 92150600.0000 |
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) |
| 1997 | 15.00 | 18.54 | 11.02 | -- | 8.9400 | -- | 0.59 |
| 1998 | 19.16 | 21.74 | 9.74 | -- | 8.6100 | -- | 0.45 |
| 1999 | 15.75 | 17.39 | 8.19 | -- | 12.2500 | -- | 0.47 |
| 2000 | 7.24 | 27.04 | 4.54 | 8.7800 | 12.0600 | -- | 0.17 |
| 2001 | -3.70 | 12.57 | 2.37 | 3.1600 | 4.8600 | 6.89 | 0.19 |
| 2002 | 1.86 | 20.34 | 2.66 | 2.7100 | 1.8100 | 3.61 | 0.13 |
| 2003 | 13.08 | 14.20 | 1.15 | 2.2400 | 0.1900 | 4.45 | 0.08 |
| 2004 | 4.27 | 8.47 | 0.77 | 0.7600 | 0.1200 | 4.53 | 0.09 |
| 2005 | -0.45 | 3.91 | 0.98 | -2.2400 | 0.0900 | 4.86 | 0.25 |
| 2006 | -16.62 | 18.87 | 2.30 | 3.1700 | 0.4200 | 6.32 | 0.12 |
| 2007 | -17.21 | 22.37 | 3.49 | 3.5600 | 0.6000 | 26.43 | 0.16 |
| 2008 | -12.66 | 18.21 | 3.27 | 3.8600 | 1.5000 | 18.67 | 0.18 |
| 2009 | -10.33 | 18.91 | 3.53 | 4.0000 | 7.2100 | 20.83 | 0.19 |
| 2010 | -12.23 | 18.85 | 3.48 | 3.8600 | 6.1100 | 23.87 | 0.18 |
| 2011 | -18.54 | -31.09 | -5.01 | -11.7800 | 4.3900 | 23.24 | 0.16 |
| 2012 | -42.00 | -41.73 | -5.40 | -11.7900 | 3.6900 | 20.44 | 0.13 |
| 2013 | -90.76 | 30.85 | 3.48 | 2.3100 | 4.4100 | 17.52 | 0.11 |
| 2014 | -181.17 | -186.32 | -22.57 | -44.1600 | 5.5900 | 16.08 | 0.12 |
| 2015 | -74.35 | 36.84 | 4.44 | 4.2100 | 5.9700 | 12.40 | 0.12 |
| 2016 | -127.35 | -139.32 | -17.83 | -28.6100 | 29.4500 | 7.80 | 0.13 |
| 2017 | -10.07 | 21.66 | 7.12 | 6.1500 | 28.8500 | 4.13 | 0.33 |
| 2018 | -26.18 | -20.45 | -7.45 | -15.5900 | 17.7600 | 2.60 | 0.36 |
| 2019 | -55.77 | -50.99 | -32.38 | -53.0200 | 16.9900 | 2.41 | 0.64 |
| 2020 | -1.72 | 4.76 | 4.84 | 6.0200 | 36.8200 | 2.65 | 1.02 |
| 2021 | -1.46 | 2.89 | 4.22 | 14.8500 | 407.0200 | 3.96 | 1.46 |
| 2022 | -3.36 | 0.65 | 0.77 | 4.0500 | 325.6200 | 3.08 | 1.18 |
| 2023 | -6.90 | -2.79 | -2.70 | -7.1100 | 514.3300 | 3.32 | 0.97 |
| 2024 | -17.53 | -18.75 | -16.10 | -49.7900 | 25.6000 | 2.68 | 0.86 |
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 |
| 1997 | 46.96 | 52.97 | 0.9800 | 0.8700 |
| 1998 | 44.81 | 55.19 | 0.6600 | 0.5900 |
| 1999 | 51.61 | 48.39 | 0.8500 | 0.7400 |
| 2000 | 21.69 | 78.31 | 2.2500 | 2.2000 |
| 2001 | 26.05 | 73.78 | 2.9000 | 2.8000 |
| 2002 | 13.39 | 86.63 | 5.5300 | 4.9300 |
| 2003 | 77.98 | 22.05 | 0.9500 | 0.2900 |
| 2004 | 80.16 | 19.84 | 0.9900 | 0.1100 |
| 2005 | 34.08 | 65.92 | 1.4000 | 0.8300 |
| 2006 | 30.16 | 69.84 | 1.6800 | 0.8500 |
| 2007 | 30.27 | 69.73 | 1.8500 | 1.3900 |
| 2008 | 38.11 | 61.89 | 0.9700 | 0.8500 |
| 2009 | 42.80 | 57.20 | 1.0400 | 0.9700 |
| 2010 | 42.38 | 57.62 | 1.2700 | 1.2100 |
| 2011 | 51.86 | 48.14 | 1.1800 | 1.0000 |
| 2012 | 61.12 | 38.88 | 1.4100 | 0.8700 |
| 2013 | 56.17 | 43.83 | 0.8000 | 0.6800 |
| 2014 | 59.51 | 40.49 | 0.6500 | 0.4300 |
| 2015 | 56.97 | 43.03 | 0.6100 | 0.5900 |
| 2016 | 43.33 | 56.67 | 1.3100 | 1.1800 |
| 2017 | 28.88 | 71.12 | 1.9900 | 1.6700 |
| 2018 | 27.95 | 72.05 | 2.3500 | 2.1600 |
| 2019 | 44.01 | 55.99 | 1.4800 | 1.2600 |
| 2020 | 68.81 | 31.19 | 1.0000 | 0.8400 |
| 2021 | 65.13 | 34.69 | 1.1400 | 0.9400 |
| 2022 | 61.43 | 38.36 | 1.1100 | 0.8200 |
| 2023 | 62.71 | 37.29 | 1.0600 | 0.8800 |
| 2024 | 78.35 | 21.68 | 0.9700 | 0.5700 |
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) |
| 1997 | 102000000.0000 | 21318000.0000 | 10016100.0000 | 186300.0000 |
| 1998 | 97811800.0000 | 18397300.0000 | 11714700.0000 | 1791700.0000 |
| 1999 | 123000000.0000 | 18115100.0000 | 16835200.0000 | 3259800.0000 |
| 2000 | 81134800.0000 | 17222300.0000 | 19344900.0000 | 4821700.0000 |
| 2001 | 112000000.0000 | 31553000.0000 | 25283600.0000 | 9413400.0000 |
| 2002 | 73900200.0000 | 7193100.0000 | 29738200.0000 | 2211800.0000 |
| 2003 | 206000000.0000 | 17348100.0000 | 57963500.0000 | 9215100.0000 |
| 2004 | 314000000.0000 | 19049100.0000 | 69824000.0000 | 6474700.0000 |
| 2005 | 225000000.0000 | 26306500.0000 | 66569900.0000 | 8078800.0000 |
| 2006 | 112000000.0000 | 23159900.0000 | 30679300.0000 | 8729100.0000 |
| 2007 | 143000000.0000 | 30996500.0000 | 43881900.0000 | 8178300.0000 |
| 2008 | 178000000.0000 | 50195300.0000 | 50231700.0000 | 1708300.0000 |
| 2009 | 203000000.0000 | 63190700.0000 | 56010000.0000 | 14047200.0000 |
| 2010 | 211000000.0000 | 72799700.0000 | 56989900.0000 | 16698400.0000 |
| 2011 | 211000000.0000 | 75948200.0000 | 62988400.0000 | 19889600.0000 |
| 2012 | 213000000.0000 | 69932100.0000 | 58797800.0000 | 33808800.0000 |
| 2013 | 227000000.0000 | 77241000.0000 | 62198400.0000 | 40579600.0000 |
| 2014 | 249000000.0000 | 59320500.0000 | 68449800.0000 | 27376200.0000 |
| 2015 | 154000000.0000 | 56304100.0000 | 44986000.0000 | 21883800.0000 |
| 2016 | 266000000.0000 | 54203100.0000 | 63577800.0000 | 18700700.0000 |
| 2017 | 317000000.0000 | 40950200.0000 | 62150800.0000 | 7845000.0000 |
| 2018 | 347000000.0000 | 1720700.0000 | 61754800.0000 | 6725000.0000 |
| 2019 | 553000000.0000 | 1714600.0000 | 64366900.0000 | 4374600.0000 |
| 2020 | 531000000.0000 | 3106800.0000 | 47666700.0000 | 8080100.0000 |
| 2021 | 836000000.0000 | 7446500.0000 | 55322400.0000 | 13704500.0000 |
| 2022 | 584000000.0000 | 6626300.0000 | 38801800.0000 | 13977700.0000 |
| 2023 | 620000000.0000 | 12222100.0000 | 53091400.0000 | 11405800.0000 |
| 2024 | 429000000.0000 | 10465200.0000 | 39103800.0000 | 14076100.0000 |