中商官网
研究报告
贵航股份（600523）
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 | 329000000.0000 | 32755500.0000 | 34831000.0000 | 26664700.0000 | -- | -- | -- |
| 1999 | 379000000.0000 | 44386500.0000 | 44534400.0000 | 34563800.0000 | 777000000.0000 | 553000000.0000 | 224000000.0000 |
| 2000 | 385000000.0000 | 45699000.0000 | 47029500.0000 | 40930600.0000 | 808000000.0000 | 566000000.0000 | 242000000.0000 |
| 2001 | 355000000.0000 | 26143000.0000 | 24347700.0000 | 20574400.0000 | 1109000000.0000 | 523000000.0000 | 586000000.0000 |
| 2002 | 379000000.0000 | 7081600.0000 | 5628900.0000 | 3618000.0000 | 1062000000.0000 | 468000000.0000 | 594000000.0000 |
| 2003 | 469000000.0000 | 10128000.0000 | 8700100.0000 | 5397300.0000 | 1055000000.0000 | 413000000.0000 | 642000000.0000 |
| 2004 | 505000000.0000 | 10283400.0000 | 8992600.0000 | 6056400.0000 | 1051000000.0000 | 389000000.0000 | 662000000.0000 |
| 2005 | 601000000.0000 | -65143100.0000 | -85025000.0000 | -86537300.0000 | 963000000.0000 | 385000000.0000 | 578000000.0000 |
| 2006 | 828000000.0000 | 33655300.0000 | 33108700.0000 | 28612500.0000 | 1052000000.0000 | 454000000.0000 | 598000000.0000 |
| 2007 | 1350000000.0000 | 96921900.0000 | 104000000.0000 | 88584200.0000 | 1729000000.0000 | 721000000.0000 | 1008000000.0000 |
| 2008 | 1463000000.0000 | 84300700.0000 | 96418600.0000 | 80885500.0000 | 2035000000.0000 | 612000000.0000 | 1423000000.0000 |
| 2009 | 1811000000.0000 | 164000000.0000 | 178000000.0000 | 137000000.0000 | 2274000000.0000 | 732000000.0000 | 1542000000.0000 |
| 2010 | 2292000000.0000 | 184000000.0000 | 189000000.0000 | 148000000.0000 | 2588000000.0000 | 918000000.0000 | 1671000000.0000 |
| 2011 | 2658000000.0000 | 192000000.0000 | 202000000.0000 | 165000000.0000 | 2882000000.0000 | 1102000000.0000 | 1780000000.0000 |
| 2012 | 2613000000.0000 | 153000000.0000 | 161000000.0000 | 156000000.0000 | 2823000000.0000 | 1050000000.0000 | 1773000000.0000 |
| 2013 | 2720000000.0000 | 134000000.0000 | 161000000.0000 | 144000000.0000 | 3224000000.0000 | 1345000000.0000 | 1879000000.0000 |
| 2014 | 3068000000.0000 | 158000000.0000 | 175000000.0000 | 151000000.0000 | 3756000000.0000 | 1689000000.0000 | 2067000000.0000 |
| 2015 | 3201000000.0000 | 184000000.0000 | 194000000.0000 | 177000000.0000 | 3767000000.0000 | 1574000000.0000 | 2193000000.0000 |
| 2016 | 3361000000.0000 | 192000000.0000 | 217000000.0000 | 191000000.0000 | 3780000000.0000 | 1455000000.0000 | 2326000000.0000 |
| 2017 | 3391000000.0000 | 227000000.0000 | 240000000.0000 | 210000000.0000 | 3659000000.0000 | 1197000000.0000 | 2462000000.0000 |
| 2018 | 2798000000.0000 | 147000000.0000 | 154000000.0000 | 134000000.0000 | 3181000000.0000 | 718000000.0000 | 2463000000.0000 |
| 2019 | 2208000000.0000 | 145000000.0000 | 157000000.0000 | 146000000.0000 | 3166000000.0000 | 464000000.0000 | 2702000000.0000 |
| 2020 | 2236000000.0000 | 190000000.0000 | 184000000.0000 | 162000000.0000 | 3258000000.0000 | 478000000.0000 | 2780000000.0000 |
| 2021 | 2394000000.0000 | 183000000.0000 | 179000000.0000 | 161000000.0000 | 3321000000.0000 | 500000000.0000 | 2820000000.0000 |
| 2022 | 2153000000.0000 | 148000000.0000 | 144000000.0000 | 129000000.0000 | 3449000000.0000 | 563000000.0000 | 2886000000.0000 |
| 2023 | 2335000000.0000 | 197000000.0000 | 195000000.0000 | 169000000.0000 | 3835000000.0000 | 830000000.0000 | 3005000000.0000 |
| 2024 | 2380000000.0000 | 201000000.0000 | 197000000.0000 | 183000000.0000 | 4178000000.0000 | 1047000000.0000 | 3131000000.0000 |
| 2025 | 2523000000.0000 | 208000000.0000 | 204000000.0000 | 199000000.0000 | 4112000000.0000 | 841000000.0000 | 3271000000.0000 |
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 | 9.42 | 10.59 | -- | 23.1900 | -- | -- | -- |
| 1999 | 11.35 | 11.75 | 5.73 | 23.2900 | 1.6200 | -- | 0.49 |
| 2000 | 11.17 | 12.22 | 5.82 | 16.1900 | 1.7100 | 2.45 | 0.48 |
| 2001 | 6.20 | 6.86 | 2.20 | 8.0800 | 1.6400 | 2.35 | 0.32 |
| 2002 | 0.53 | 1.49 | 0.53 | 0.5000 | 1.7800 | 2.54 | 0.36 |
| 2003 | 1.07 | 1.86 | 0.82 | 0.7700 | 2.0800 | 2.96 | 0.44 |
| 2004 | 0.79 | 1.78 | 0.86 | 0.7700 | 2.0000 | 3.06 | 0.48 |
| 2005 | -9.98 | -14.15 | -8.83 | -18.2300 | 2.4000 | 3.81 | 0.62 |
| 2006 | 3.74 | 4.00 | 3.15 | 3.7700 | 2.9900 | 4.95 | 0.79 |
| 2007 | 6.52 | 7.70 | 6.02 | 7.3800 | 3.4800 | 4.87 | 0.78 |
| 2008 | 4.37 | 6.59 | 4.74 | 5.5800 | 3.8700 | 5.21 | 0.72 |
| 2009 | 7.18 | 9.83 | 7.83 | 7.7100 | 3.4200 | 4.66 | 0.80 |
| 2010 | 7.20 | 8.25 | 7.30 | 7.0500 | 3.6600 | 4.91 | 0.89 |
| 2011 | 5.87 | 7.60 | 7.01 | 7.3600 | 3.6900 | 4.97 | 0.92 |
| 2012 | 3.71 | 6.16 | 5.70 | 7.1700 | 3.5600 | 4.75 | 0.93 |
| 2013 | 2.76 | 5.92 | 4.99 | 7.7600 | 4.0900 | 4.43 | 0.84 |
| 2014 | 2.74 | 5.70 | 4.66 | 7.4400 | 4.4400 | 3.78 | 0.82 |
| 2015 | 4.28 | 6.06 | 5.15 | 8.6700 | 4.4700 | 3.31 | 0.85 |
| 2016 | 4.85 | 6.46 | 5.74 | 8.5300 | 4.3300 | 3.41 | 0.89 |
| 2017 | 4.98 | 7.08 | 6.56 | 8.9400 | 4.7000 | 3.51 | 0.93 |
| 2018 | 3.29 | 5.50 | 4.84 | 5.1800 | 4.5300 | 3.19 | 0.88 |
| 2019 | 4.08 | 7.11 | 4.96 | 5.5900 | 3.7500 | 3.18 | 0.70 |
| 2020 | 6.66 | 8.23 | 5.65 | 5.8100 | 4.1500 | 3.79 | 0.69 |
| 2021 | 5.76 | 7.48 | 5.39 | 5.7400 | 4.6300 | 4.24 | 0.72 |
| 2022 | 4.78 | 6.69 | 4.18 | 4.4200 | 4.1400 | 3.61 | 0.62 |
| 2023 | 5.35 | 8.35 | 5.08 | 5.7100 | 4.3700 | 2.97 | 0.61 |
| 2024 | 4.92 | 8.28 | 4.72 | 5.9200 | 4.5600 | 2.16 | 0.57 |
| 2025 | 2.18 | 8.09 | 4.96 | 6.1400 | 4.4100 | 2.26 | 0.61 |
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 | -- | -- | -- | -- |
| 1999 | 71.17 | 28.83 | 1.1000 | 0.6300 |
| 2000 | 70.05 | 29.95 | 1.0700 | 0.6700 |
| 2001 | 47.16 | 52.84 | 1.4400 | 1.1100 |
| 2002 | 44.07 | 55.93 | 1.4100 | 1.0300 |
| 2003 | 39.15 | 60.85 | 1.4100 | 0.9500 |
| 2004 | 37.01 | 62.99 | 1.4600 | 0.9300 |
| 2005 | 39.98 | 60.02 | 1.3600 | 0.7600 |
| 2006 | 43.16 | 56.84 | 1.3400 | 0.7700 |
| 2007 | 41.70 | 58.30 | 1.3500 | 0.8300 |
| 2008 | 30.07 | 69.93 | 2.1000 | 1.3900 |
| 2009 | 32.19 | 67.81 | 2.2600 | 1.5000 |
| 2010 | 35.47 | 64.57 | 2.0800 | 1.3300 |
| 2011 | 38.24 | 61.76 | 1.9400 | 1.2200 |
| 2012 | 37.19 | 62.81 | 2.3200 | 1.5200 |
| 2013 | 41.72 | 58.28 | 1.9300 | 1.3200 |
| 2014 | 44.97 | 55.03 | 1.5200 | 1.1300 |
| 2015 | 41.78 | 58.22 | 1.6400 | 1.2600 |
| 2016 | 38.49 | 61.53 | 1.8300 | 1.3300 |
| 2017 | 32.71 | 67.29 | 2.1100 | 1.6700 |
| 2018 | 22.57 | 77.43 | 2.8800 | 2.1300 |
| 2019 | 14.66 | 85.34 | 4.7400 | 3.7300 |
| 2020 | 14.67 | 85.33 | 4.2900 | 3.3100 |
| 2021 | 15.06 | 84.91 | 4.1700 | 3.2100 |
| 2022 | 16.32 | 83.68 | 3.5400 | 2.5500 |
| 2023 | 21.64 | 78.36 | 2.7100 | 2.1300 |
| 2024 | 25.06 | 74.94 | 2.4100 | 1.9800 |
| 2025 | 20.45 | 79.55 | 2.8300 | 2.1200 |
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 | 298000000.0000 | 17533800.0000 | 38073600.0000 | 22328200.0000 |
| 1999 | 336000000.0000 | 20192700.0000 | 42096800.0000 | 24293900.0000 |
| 2000 | 342000000.0000 | 19970000.0000 | 43523400.0000 | 20473600.0000 |
| 2001 | 333000000.0000 | 21578800.0000 | 39852900.0000 | 25515500.0000 |
| 2002 | 377000000.0000 | 24479800.0000 | 60890300.0000 | 23110400.0000 |
| 2003 | 464000000.0000 | 32882200.0000 | 67786500.0000 | 20563800.0000 |
| 2004 | 501000000.0000 | 37461200.0000 | 73395900.0000 | 13326000.0000 |
| 2005 | 661000000.0000 | 42763800.0000 | 122000000.0000 | 11870700.0000 |
| 2006 | 797000000.0000 | 47780400.0000 | 78415600.0000 | 17805300.0000 |
| 2007 | 1262000000.0000 | 74184500.0000 | 143000000.0000 | 20198000.0000 |
| 2008 | 1399000000.0000 | 76686100.0000 | 149000000.0000 | 17785700.0000 |
| 2009 | 1681000000.0000 | 93600800.0000 | 187000000.0000 | 12429900.0000 |
| 2010 | 2127000000.0000 | 115000000.0000 | 223000000.0000 | 10116100.0000 |
| 2011 | 2502000000.0000 | 119000000.0000 | 237000000.0000 | 14019400.0000 |
| 2012 | 2516000000.0000 | 121000000.0000 | 250000000.0000 | 17917200.0000 |
| 2013 | 2645000000.0000 | 113000000.0000 | 270000000.0000 | 18002800.0000 |
| 2014 | 2984000000.0000 | 138000000.0000 | 337000000.0000 | 37066100.0000 |
| 2015 | 3064000000.0000 | 134000000.0000 | 353000000.0000 | 28737300.0000 |
| 2016 | 3198000000.0000 | 148000000.0000 | 403000000.0000 | 22504200.0000 |
| 2017 | 3222000000.0000 | 144000000.0000 | 274000000.0000 | 6214800.0000 |
| 2018 | 2706000000.0000 | 136000000.0000 | 253000000.0000 | -6130100.0000 |
| 2019 | 2118000000.0000 | 92397900.0000 | 222000000.0000 | -8764100.0000 |
| 2020 | 2087000000.0000 | 80217600.0000 | 208000000.0000 | -8207400.0000 |
| 2021 | 2256000000.0000 | 46326300.0000 | 229000000.0000 | -5487100.0000 |
| 2022 | 2050000000.0000 | 39527900.0000 | 194000000.0000 | -5275500.0000 |
| 2023 | 2210000000.0000 | 29834300.0000 | 193000000.0000 | -4470300.0000 |
| 2024 | 2263000000.0000 | 29467900.0000 | 198000000.0000 | -4905300.0000 |
| 2025 | 2468000000.0000 | 42886300.0000 | 210000000.0000 | -1492000.0000 |