中商官网
研究报告
*ST熊猫（600599）
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 | 186000000.0000 | 8541100.0000 | 8630700.0000 | 8630700.0000 | 94016700.0000 | 64818800.0000 | 29197900.0000 |
| 1999 | 236000000.0000 | 9646300.0000 | 10496000.0000 | 10496000.0000 | 144000000.0000 | 70365500.0000 | 73457500.0000 |
| 2000 | 200000000.0000 | 17118700.0000 | 17214800.0000 | 11854700.0000 | 132000000.0000 | 54459500.0000 | 77487700.0000 |
| 2001 | 197000000.0000 | 23306000.0000 | 25870700.0000 | 17765000.0000 | 350000000.0000 | 65208100.0000 | 285000000.0000 |
| 2002 | 276000000.0000 | 18262700.0000 | 19175900.0000 | 8753700.0000 | 497000000.0000 | 160000000.0000 | 337000000.0000 |
| 2003 | 321000000.0000 | 1081700.0000 | 1687100.0000 | 33300.0000 | 545000000.0000 | 221000000.0000 | 324000000.0000 |
| 2004 | 376000000.0000 | 10136100.0000 | 10103600.0000 | 7388000.0000 | 547000000.0000 | 214000000.0000 | 333000000.0000 |
| 2005 | 231000000.0000 | -44543100.0000 | -44289300.0000 | -44289300.0000 | 485000000.0000 | 247000000.0000 | 238000000.0000 |
| 2006 | 149000000.0000 | -5265300.0000 | -5145200.0000 | -4820200.0000 | 265000000.0000 | 78411400.0000 | 186000000.0000 |
| 2007 | 166000000.0000 | 21760600.0000 | 22020300.0000 | 20475300.0000 | 292000000.0000 | 84021300.0000 | 207000000.0000 |
| 2008 | 173000000.0000 | 8083700.0000 | 13838100.0000 | 12464100.0000 | 358000000.0000 | 130000000.0000 | 228000000.0000 |
| 2009 | 174000000.0000 | 10370100.0000 | 11295000.0000 | 9059000.0000 | 454000000.0000 | 191000000.0000 | 263000000.0000 |
| 2010 | 206000000.0000 | 10980700.0000 | 15230900.0000 | 15710700.0000 | 526000000.0000 | 277000000.0000 | 249000000.0000 |
| 2011 | 210000000.0000 | 9921000.0000 | 11242100.0000 | 9193200.0000 | 555000000.0000 | 302000000.0000 | 254000000.0000 |
| 2012 | 255000000.0000 | 9368400.0000 | 10077100.0000 | 8800200.0000 | 559000000.0000 | 296000000.0000 | 263000000.0000 |
| 2013 | 162000000.0000 | 11705600.0000 | 14865800.0000 | 11831200.0000 | 888000000.0000 | 228000000.0000 | 660000000.0000 |
| 2014 | 187000000.0000 | 28642400.0000 | 26557800.0000 | 13298800.0000 | 903000000.0000 | 205000000.0000 | 698000000.0000 |
| 2015 | 296000000.0000 | 32713900.0000 | 27052900.0000 | 20035700.0000 | 864000000.0000 | 159000000.0000 | 705000000.0000 |
| 2016 | 334000000.0000 | 62958900.0000 | 24494300.0000 | 17629300.0000 | 1196000000.0000 | 470000000.0000 | 726000000.0000 |
| 2017 | 343000000.0000 | 18263400.0000 | 22309900.0000 | 23197100.0000 | 1269000000.0000 | 527000000.0000 | 742000000.0000 |
| 2018 | 283000000.0000 | -41399000.0000 | -41679800.0000 | -61354500.0000 | 942000000.0000 | 270000000.0000 | 672000000.0000 |
| 2019 | 136000000.0000 | -65904200.0000 | -67612300.0000 | -92929200.0000 | 752000000.0000 | 173000000.0000 | 579000000.0000 |
| 2020 | 175000000.0000 | 47348400.0000 | 52762900.0000 | 46124900.0000 | 787000000.0000 | 162000000.0000 | 625000000.0000 |
| 2021 | 289000000.0000 | 90599400.0000 | 90052200.0000 | 71967200.0000 | 919000000.0000 | 217000000.0000 | 702000000.0000 |
| 2022 | 329000000.0000 | 114000000.0000 | 114000000.0000 | 90243700.0000 | 990000000.0000 | 203000000.0000 | 787000000.0000 |
| 2023 | 228000000.0000 | -175000000.0000 | -197000000.0000 | -213000000.0000 | 795000000.0000 | 199000000.0000 | 596000000.0000 |
| 2024 | 324000000.0000 | -526000000.0000 | -520000000.0000 | -537000000.0000 | 313000000.0000 | 254000000.0000 | 58892500.0000 |
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 | 3.76 | 4.64 | 9.18 | -- | 4.6600 | 16.39 | 1.98 |
| 1999 | 3.39 | 4.45 | 7.29 | -- | 6.9600 | -- | 1.64 |
| 2000 | 6.00 | 8.61 | 13.04 | 14.9300 | 9.8100 | 9.25 | 1.52 |
| 2001 | 9.64 | 13.13 | 7.39 | 10.8400 | 11.4200 | 7.93 | 0.56 |
| 2002 | 2.90 | 6.95 | 3.86 | 4.5200 | 4.9300 | 4.78 | 0.56 |
| 2003 | -0.93 | 0.53 | 0.31 | 0.3600 | 2.4000 | 3.54 | 0.59 |
| 2004 | 2.39 | 2.69 | 1.85 | 0.7800 | 2.2200 | 3.41 | 0.69 |
| 2005 | -16.45 | -19.17 | -9.13 | -36.3700 | 2.0200 | 2.10 | 0.48 |
| 2006 | -4.03 | -3.45 | -1.94 | -2.6900 | 1.9500 | 1.29 | 0.56 |
| 2007 | 9.64 | 13.27 | 7.54 | 10.5700 | 10.2700 | 1.74 | 0.57 |
| 2008 | 4.62 | 8.00 | 3.87 | 6.4300 | 4.6600 | 2.05 | 0.48 |
| 2009 | 6.32 | 6.49 | 2.49 | 4.6000 | 2.7200 | 1.94 | 0.38 |
| 2010 | 2.43 | 7.39 | 2.90 | 6.8900 | 2.4400 | 2.06 | 0.39 |
| 2011 | -4.76 | 5.35 | 2.03 | 3.3800 | 2.1100 | 2.29 | 0.38 |
| 2012 | -1.18 | 3.95 | 1.80 | 3.5000 | 2.2300 | 3.03 | 0.46 |
| 2013 | -20.99 | 9.18 | 1.67 | 3.4900 | 1.3400 | 2.36 | 0.18 |
| 2014 | -39.04 | 14.20 | 2.94 | 1.8500 | 2.0300 | 3.22 | 0.21 |
| 2015 | 4.39 | 9.14 | 3.13 | 2.8500 | 2.8600 | 5.47 | 0.34 |
| 2016 | 14.67 | 7.33 | 2.05 | 2.9300 | 4.7700 | 5.76 | 0.28 |
| 2017 | -1.17 | 6.50 | 1.76 | 2.7900 | 7.2200 | 6.78 | 0.27 |
| 2018 | -10.60 | -14.73 | -4.42 | -7.9500 | 6.2200 | 4.54 | 0.30 |
| 2019 | -67.65 | -49.71 | -8.99 | -14.8600 | 5.8400 | 2.01 | 0.18 |
| 2020 | 26.86 | 30.15 | 6.70 | 7.6600 | 6.1200 | 4.77 | 0.22 |
| 2021 | 27.34 | 31.16 | 9.80 | 10.8900 | 6.5800 | 8.59 | 0.31 |
| 2022 | 34.65 | 34.65 | 11.52 | 12.1700 | 7.1300 | 6.94 | 0.33 |
| 2023 | -78.07 | -86.40 | -24.78 | -31.1800 | 6.1500 | 4.78 | 0.29 |
| 2024 | -163.27 | -160.49 | -166.13 | -139.7100 | 6.8500 | 4.22 | 1.04 |
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 | 68.94 | 31.06 | 1.1500 | 0.5200 |
| 1999 | 48.86 | 51.01 | 1.1800 | 0.7900 |
| 2000 | 41.26 | 58.70 | 1.3500 | 0.9700 |
| 2001 | 18.63 | 81.43 | 3.8800 | 3.4100 |
| 2002 | 32.19 | 67.81 | 3.8300 | 2.8200 |
| 2003 | 40.55 | 59.45 | 2.6800 | 1.5700 |
| 2004 | 39.12 | 60.88 | 2.6600 | 1.5100 |
| 2005 | 50.93 | 49.07 | 1.8800 | 1.0700 |
| 2006 | 29.59 | 70.19 | 2.2100 | 1.7500 |
| 2007 | 28.77 | 70.89 | 2.2100 | 1.9200 |
| 2008 | 36.31 | 63.69 | 2.0100 | 1.6400 |
| 2009 | 42.07 | 57.93 | 1.4600 | 1.0600 |
| 2010 | 52.66 | 47.34 | 0.8900 | 0.5600 |
| 2011 | 54.41 | 45.77 | 1.1500 | 0.7100 |
| 2012 | 52.95 | 47.05 | 1.1300 | 0.5800 |
| 2013 | 25.68 | 74.32 | 3.0100 | 0.5700 |
| 2014 | 22.70 | 77.30 | 3.4200 | 2.8200 |
| 2015 | 18.40 | 81.60 | 2.4600 | 1.9200 |
| 2016 | 39.30 | 60.70 | 1.6600 | 1.3100 |
| 2017 | 41.53 | 58.47 | 1.7000 | 1.4100 |
| 2018 | 28.66 | 71.34 | 3.0100 | 2.2900 |
| 2019 | 23.01 | 76.99 | 4.2300 | 3.3000 |
| 2020 | 20.58 | 79.42 | 4.7700 | 1.2100 |
| 2021 | 23.61 | 76.39 | 4.1500 | 2.1900 |
| 2022 | 20.51 | 79.49 | 4.7900 | 1.3000 |
| 2023 | 25.03 | 74.97 | 3.9300 | 2.5500 |
| 2024 | 81.15 | 18.82 | 1.1400 | 0.8900 |
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 | 179000000.0000 | 18637700.0000 | 3830800.0000 | 499100.0000 |
| 1999 | 228000000.0000 | 29481300.0000 | 8202300.0000 | 564900.0000 |
| 2000 | 188000000.0000 | 27786500.0000 | 7932600.0000 | 657800.0000 |
| 2001 | 178000000.0000 | 16037600.0000 | 7574100.0000 | 511800.0000 |
| 2002 | 268000000.0000 | 20009600.0000 | 17612900.0000 | -54000.0000 |
| 2003 | 324000000.0000 | 37323400.0000 | 25195300.0000 | 3546600.0000 |
| 2004 | 367000000.0000 | 45898400.0000 | 34286600.0000 | 3119700.0000 |
| 2005 | 269000000.0000 | 38843900.0000 | 38096400.0000 | 3383900.0000 |
| 2006 | 155000000.0000 | 9019100.0000 | 14313800.0000 | 3703100.0000 |
| 2007 | 150000000.0000 | 7929400.0000 | 15834200.0000 | 5706700.0000 |
| 2008 | 165000000.0000 | 8421100.0000 | 20938800.0000 | 3877000.0000 |
| 2009 | 163000000.0000 | 13423300.0000 | 28846100.0000 | 572200.0000 |
| 2010 | 201000000.0000 | 10716300.0000 | 43123500.0000 | 8357600.0000 |
| 2011 | 220000000.0000 | 14196000.0000 | 48694200.0000 | 13858100.0000 |
| 2012 | 258000000.0000 | 11229400.0000 | 64580600.0000 | 12879800.0000 |
| 2013 | 196000000.0000 | 12247600.0000 | 61048200.0000 | 10922800.0000 |
| 2014 | 260000000.0000 | 26691300.0000 | 61270600.0000 | 7506000.0000 |
| 2015 | 283000000.0000 | 64424800.0000 | 86550000.0000 | 1496000.0000 |
| 2016 | 285000000.0000 | 75934700.0000 | 80532000.0000 | 5768500.0000 |
| 2017 | 347000000.0000 | 48941800.0000 | 65672600.0000 | 19194000.0000 |
| 2018 | 313000000.0000 | 29781200.0000 | 62133900.0000 | 7770200.0000 |
| 2019 | 228000000.0000 | 13882500.0000 | 28052700.0000 | 5382100.0000 |
| 2020 | 128000000.0000 | 5972200.0000 | 17967800.0000 | 8316500.0000 |
| 2021 | 210000000.0000 | 7484700.0000 | 23794300.0000 | 6778200.0000 |
| 2022 | 215000000.0000 | 9474400.0000 | 21907200.0000 | 5875400.0000 |
| 2023 | 406000000.0000 | 12186900.0000 | 30724500.0000 | 5286900.0000 |
| 2024 | 853000000.0000 | 19953900.0000 | 41535500.0000 | 3389200.0000 |