中商官网
研究报告
海螺水泥（600585）
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) |
| 1999 | 1075000000.0000 | 34968200.0000 | 48787900.0000 | 39684400.0000 | 4330000000.0000 | 2057000000.0000 | 2274000000.0000 |
| 2000 | 1238000000.0000 | 116000000.0000 | 132000000.0000 | 114000000.0000 | 4440000000.0000 | 2008000000.0000 | 2432000000.0000 |
| 2001 | 2058000000.0000 | 290000000.0000 | 315000000.0000 | 264000000.0000 | 6068000000.0000 | 3038000000.0000 | 3030000000.0000 |
| 2002 | 3000000000.0000 | 513000000.0000 | 544000000.0000 | 371000000.0000 | 8900000000.0000 | 4771000000.0000 | 4129000000.0000 |
| 2003 | 5695000000.0000 | 1562000000.0000 | 1649000000.0000 | 1113000000.0000 | 13333000000.0000 | 7630000000.0000 | 5704000000.0000 |
| 2004 | 8385000000.0000 | 1762000000.0000 | 1942000000.0000 | 1451000000.0000 | 16067000000.0000 | 9429000000.0000 | 6638000000.0000 |
| 2005 | 10826000000.0000 | 818000000.0000 | 861000000.0000 | 587000000.0000 | 19242000000.0000 | 12388000000.0000 | 6854000000.0000 |
| 2006 | 16096000000.0000 | 2304000000.0000 | 2586000000.0000 | 1899000000.0000 | 22936000000.0000 | 14066000000.0000 | 8870000000.0000 |
| 2007 | 18776000000.0000 | 3171000000.0000 | 3485000000.0000 | 2704000000.0000 | 31041000000.0000 | 19493000000.0000 | 11548000000.0000 |
| 2008 | 24228000000.0000 | 2987000000.0000 | 3246000000.0000 | 2680000000.0000 | 42532000000.0000 | 17264000000.0000 | 25268000000.0000 |
| 2009 | 24998000000.0000 | 4260000000.0000 | 4477000000.0000 | 3662000000.0000 | 47148000000.0000 | 17846000000.0000 | 29303000000.0000 |
| 2010 | 34508000000.0000 | 7616000000.0000 | 8078000000.0000 | 6354000000.0000 | 60412000000.0000 | 24780000000.0000 | 35632000000.0000 |
| 2011 | 48654000000.0000 | 14960000000.0000 | 15652000000.0000 | 11824000000.0000 | 84003000000.0000 | 37162000000.0000 | 46842000000.0000 |
| 2012 | 45766000000.0000 | 7016000000.0000 | 8088000000.0000 | 6462000000.0000 | 87524000000.0000 | 36347000000.0000 | 51176000000.0000 |
| 2013 | 55262000000.0000 | 11743000000.0000 | 12631000000.0000 | 9811000000.0000 | 93094000000.0000 | 34329000000.0000 | 58765000000.0000 |
| 2014 | 60759000000.0000 | 13823000000.0000 | 14883000000.0000 | 11588000000.0000 | 102253000000.0000 | 32642000000.0000 | 69611000000.0000 |
| 2015 | 50976000000.0000 | 8667000000.0000 | 10039000000.0000 | 7628000000.0000 | 105781000000.0000 | 31870000000.0000 | 73912000000.0000 |
| 2016 | 55932000000.0000 | 10867000000.0000 | 11653000000.0000 | 8951000000.0000 | 109514000000.0000 | 29215000000.0000 | 80299000000.0000 |
| 2017 | 75311000000.0000 | 20825000000.0000 | 21229000000.0000 | 16429000000.0000 | 122143000000.0000 | 30178000000.0000 | 91964000000.0000 |
| 2018 | 128403000000.0000 | 39882000000.0000 | 39629000000.0000 | 30636000000.0000 | 149547000000.0000 | 33129000000.0000 | 116418000000.0000 |
| 2019 | 157030000000.0000 | 44057000000.0000 | 44557000000.0000 | 34352000000.0000 | 178777000000.0000 | 36457000000.0000 | 142320000000.0000 |
| 2020 | 176295000000.0000 | 46300000000.0000 | 47137000000.0000 | 36400000000.0000 | 201853000000.0000 | 33237000000.0000 | 168616000000.0000 |
| 2021 | 167960000000.0000 | 43106000000.0000 | 44114000000.0000 | 34164000000.0000 | 230556000000.0000 | 38699000000.0000 | 191857000000.0000 |
| 2022 | 132022000000.0000 | 19474000000.0000 | 20015000000.0000 | 16140000000.0000 | 243976000000.0000 | 47983000000.0000 | 195994000000.0000 |
| 2023 | 141157000000.0000 | 13131000000.0000 | 13594000000.0000 | 10745000000.0000 | 246356000000.0000 | 48335000000.0000 | 198021000000.0000 |
| 2024 | 91030000000.0000 | 9713000000.0000 | 10029000000.0000 | 7663000000.0000 | 254635000000.0000 | 54258000000.0000 | 200377000000.0000 |
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) |
| 1999 | 2.88 | 4.54 | 1.13 | 3.0500 | 4.0600 | -- | 0.25 |
| 2000 | 8.97 | 10.66 | 2.97 | -- | 4.7100 | -- | 0.28 |
| 2001 | 14.29 | 15.31 | 5.19 | 9.5000 | 7.1100 | 33.12 | 0.34 |
| 2002 | 17.20 | 18.13 | 6.11 | -- | 7.6100 | 46.88 | 0.34 |
| 2003 | 27.36 | 28.96 | 12.37 | 20.0000 | 8.6900 | 106.51 | 0.43 |
| 2004 | 21.03 | 23.16 | 12.09 | 20.0000 | 8.4400 | 197.80 | 0.52 |
| 2005 | 7.51 | 7.95 | 4.47 | 7.0000 | 9.0900 | 86.33 | 0.56 |
| 2006 | 14.57 | 16.07 | 11.27 | -- | 10.2900 | 53.65 | 0.70 |
| 2007 | 16.86 | 18.56 | 11.23 | 26.3900 | 9.1200 | 60.40 | 0.60 |
| 2008 | 12.09 | 13.40 | 7.63 | 13.8100 | 10.6000 | 71.71 | 0.57 |
| 2009 | 16.98 | 17.91 | 9.50 | 13.1700 | 8.8400 | 56.25 | 0.53 |
| 2010 | 21.99 | 23.41 | 13.37 | 19.3900 | 10.0500 | 73.32 | 0.57 |
| 2011 | 30.52 | 32.17 | 18.63 | 29.1000 | 8.5100 | 115.38 | 0.58 |
| 2012 | 15.31 | 17.67 | 9.24 | 13.5000 | 7.8600 | 159.29 | 0.52 |
| 2013 | 21.24 | 22.86 | 13.57 | 18.0500 | 9.5800 | 187.50 | 0.59 |
| 2014 | 22.75 | 24.50 | 14.56 | 18.4700 | 9.9800 | 175.61 | 0.59 |
| 2015 | 13.36 | 19.69 | 9.49 | 11.0300 | 8.5600 | 134.83 | 0.48 |
| 2016 | 18.51 | 20.83 | 10.64 | 11.5900 | 8.6000 | 103.75 | 0.51 |
| 2017 | 24.20 | 28.19 | 17.38 | 19.1200 | 10.5700 | 87.80 | 0.62 |
| 2018 | 29.92 | 30.86 | 26.50 | 29.6600 | 15.1400 | 112.15 | 0.86 |
| 2019 | 26.55 | 28.37 | 24.92 | 27.0300 | 18.0700 | 125.44 | 0.88 |
| 2020 | 24.21 | 26.74 | 23.35 | 23.6200 | 19.8600 | 142.29 | 0.87 |
| 2021 | 23.82 | 26.26 | 19.13 | 19.2300 | 13.9900 | 93.75 | 0.73 |
| 2022 | 13.56 | 15.16 | 8.20 | 8.5000 | 9.6300 | 32.94 | 0.54 |
| 2023 | 8.63 | 9.63 | 5.52 | 5.6500 | 10.8000 | 28.10 | 0.57 |
| 2024 | 9.88 | 11.02 | 3.94 | 4.1400 | 7.8300 | 22.28 | 0.36 |
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 |
| 1999 | 47.51 | 52.52 | 0.6100 | 0.4700 |
| 2000 | 45.23 | 54.77 | 0.6500 | 0.5200 |
| 2001 | 50.07 | 49.93 | 0.5900 | 0.4700 |
| 2002 | 53.61 | 46.39 | 0.4000 | 0.2900 |
| 2003 | 57.23 | 42.78 | 0.6500 | 0.5400 |
| 2004 | 58.69 | 41.31 | 0.5900 | 0.3700 |
| 2005 | 64.38 | 35.62 | 0.4600 | 0.2800 |
| 2006 | 61.33 | 38.67 | 0.6200 | 0.3800 |
| 2007 | 62.80 | 37.20 | 0.7300 | 0.5300 |
| 2008 | 40.59 | 59.41 | 1.2100 | 1.0000 |
| 2009 | 37.85 | 62.15 | 0.8400 | 0.5800 |
| 2010 | 41.02 | 58.98 | 1.0100 | 0.7300 |
| 2011 | 44.24 | 55.76 | 1.5200 | 1.1900 |
| 2012 | 41.53 | 58.47 | 1.5900 | 1.2000 |
| 2013 | 36.88 | 63.12 | 1.6900 | 1.3300 |
| 2014 | 31.92 | 68.08 | 1.7400 | 1.3200 |
| 2015 | 30.13 | 69.87 | 1.2800 | 0.9900 |
| 2016 | 26.68 | 73.32 | 1.7200 | 1.3800 |
| 2017 | 24.71 | 75.29 | 2.1800 | 1.9000 |
| 2018 | 22.15 | 77.85 | 2.7600 | 2.4300 |
| 2019 | 20.39 | 79.61 | 3.5400 | 3.2200 |
| 2020 | 16.47 | 83.53 | 4.6600 | 4.2100 |
| 2021 | 16.79 | 83.21 | 3.7800 | 3.4200 |
| 2022 | 19.67 | 80.33 | 2.9800 | 2.5200 |
| 2023 | 19.62 | 80.38 | 3.4100 | 2.9300 |
| 2024 | 21.31 | 78.69 | 3.2500 | 2.8800 |
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) |
| 1999 | 1044000000.0000 | 147000000.0000 | 88668200.0000 | 107000000.0000 |
| 2000 | 1127000000.0000 | 159000000.0000 | 92748000.0000 | 95934100.0000 |
| 2001 | 1764000000.0000 | 195000000.0000 | 137000000.0000 | 113000000.0000 |
| 2002 | 2484000000.0000 | 217000000.0000 | 191000000.0000 | 95495000.0000 |
| 2003 | 4137000000.0000 | 303000000.0000 | 299000000.0000 | 188000000.0000 |
| 2004 | 6622000000.0000 | 444000000.0000 | 274000000.0000 | 271000000.0000 |
| 2005 | 10013000000.0000 | 833000000.0000 | 355000000.0000 | 445000000.0000 |
| 2006 | 13751000000.0000 | 1091000000.0000 | 518000000.0000 | 523000000.0000 |
| 2007 | 15610000000.0000 | 1219000000.0000 | 721000000.0000 | 610000000.0000 |
| 2008 | 21298000000.0000 | 1366000000.0000 | 841000000.0000 | 756000000.0000 |
| 2009 | 20754000000.0000 | 1420000000.0000 | 976000000.0000 | 356000000.0000 |
| 2010 | 26921000000.0000 | 1546000000.0000 | 1254000000.0000 | 481000000.0000 |
| 2011 | 33807000000.0000 | 1859000000.0000 | 1789000000.0000 | 646000000.0000 |
| 2012 | 38757000000.0000 | 2280000000.0000 | 2173000000.0000 | 1002000000.0000 |
| 2013 | 43524000000.0000 | 2685000000.0000 | 2396000000.0000 | 969000000.0000 |
| 2014 | 46935000000.0000 | 2937000000.0000 | 2680000000.0000 | 714000000.0000 |
| 2015 | 44165000000.0000 | 3105000000.0000 | 3178000000.0000 | 575000000.0000 |
| 2016 | 45577000000.0000 | 3276000000.0000 | 3144000000.0000 | 370000000.0000 |
| 2017 | 57082000000.0000 | 3572000000.0000 | 3417000000.0000 | 216000000.0000 |
| 2018 | 89979000000.0000 | 3733000000.0000 | 3752000000.0000 | -474000000.0000 |
| 2019 | 115340000000.0000 | 4417000000.0000 | 4741000000.0000 | -1106000000.0000 |
| 2020 | 133616000000.0000 | 3508000000.0000 | 4217000000.0000 | -1498000000.0000 |
| 2021 | 127953000000.0000 | 3408000000.0000 | 5080000000.0000 | -1315000000.0000 |
| 2022 | 114115000000.0000 | 3327000000.0000 | 5561000000.0000 | -1514000000.0000 |
| 2023 | 128979000000.0000 | 3426000000.0000 | 5668000000.0000 | -1121000000.0000 |
| 2024 | 82036000000.0000 | 3415000000.0000 | 5946000000.0000 | -1171000000.0000 |