中商官网
研究报告
山东出版（601019）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业收入同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 2025-03-31 | 2478000000.0000 | 0.32 | 315000000.0000 | 14.13 | 324000000.0000 | 17.39 | 321000000.0000 | 53.59 |
| 2024-12-31 | 11719000000.0000 | -3.58 | 1545000000.0000 | -23.55 | 1543000000.0000 | -26.45 | 1267000000.0000 | -46.59 |
| 2024-09-30 | 8515000000.0000 | 5.75 | 1318000000.0000 | 5.27 | 1322000000.0000 | 5.34 | 968000000.0000 | -22.81 |
| 2024-03-31 | 2470000000.0000 | 13.35 | 276000000.0000 | 29.58 | 276000000.0000 | 29.58 | 209000000.0000 | -1.88 |
| 2024-06-30 | 5944000000.0000 | 13.76 | 1033000000.0000 | 15.68 | 1036000000.0000 | 16.01 | 754000000.0000 | -15.66 |
| 2023-12-31 | 12154000000.0000 | 8.22 | 2021000000.0000 | 20.87 | 2098000000.0000 | 25.33 | 2372000000.0000 | 42.12 |
| 2023-09-30 | 8052000000.0000 | 9.51 | 1252000000.0000 | 11.49 | 1255000000.0000 | 10.57 | 1254000000.0000 | 10.78 |
| 2023-06-30 | 5225000000.0000 | 6.87 | 893000000.0000 | 5.56 | 893000000.0000 | 3.96 | 894000000.0000 | 4.32 |
| 2023-03-31 | 2179000000.0000 | 6.87 | 213000000.0000 | 0.95 | 213000000.0000 | 0.95 | 213000000.0000 | 0.95 |
| 2022-12-31 | 11231000000.0000 | 3.12 | 1672000000.0000 | 9.71 | 1674000000.0000 | 9.20 | 1669000000.0000 | 9.44 |
| 2022-09-30 | 7353000000.0000 | 6.06 | 1123000000.0000 | 1.63 | 1135000000.0000 | 2.62 | 1132000000.0000 | 2.82 |
| 2022-06-30 | 4889000000.0000 | 4.29 | 846000000.0000 | 4.70 | 859000000.0000 | 5.92 | 857000000.0000 | 6.20 |
| 2022-03-31 | 2039000000.0000 | 10.51 | 211000000.0000 | 25.60 | 211000000.0000 | 25.60 | 211000000.0000 | 26.35 |
| 2021-12-31 | 10891000000.0000 | 11.70 | 1524000000.0000 | 13.73 | 1533000000.0000 | 9.42 | 1525000000.0000 | 9.24 |
| 2021-09-30 | 6933000000.0000 | 20.64 | 1105000000.0000 | 54.55 | 1106000000.0000 | 48.86 | 1101000000.0000 | 48.78 |
| 2021-03-31 | 1845000000.0000 | 19.81 | 168000000.0000 | 23.53 | 168000000.0000 | 22.63 | 167000000.0000 | 22.79 |
| 2021-06-30 | 4688000000.0000 | 22.95 | 808000000.0000 | 90.12 | 811000000.0000 | 79.42 | 807000000.0000 | 79.33 |
| 2020-12-31 | 9750000000.0000 | -0.17 | 1340000000.0000 | -9.34 | 1401000000.0000 | -9.09 | 1396000000.0000 | -9.41 |
| 2020-09-30 | 5747000000.0000 | -8.21 | 715000000.0000 | -31.90 | 743000000.0000 | -32.27 | 740000000.0000 | -32.42 |
| 2020-03-31 | 1540000000.0000 | -11.95 | 136000000.0000 | -38.74 | 137000000.0000 | -36.87 | 136000000.0000 | -37.61 |
| 2020-06-30 | 3813000000.0000 | -8.91 | 425000000.0000 | -43.93 | 452000000.0000 | -40.76 | 450000000.0000 | -40.94 |
| 2019-09-30 | 6261000000.0000 | -4.16 | 1050000000.0000 | -6.08 | 1097000000.0000 | -1.79 | 1095000000.0000 | -1.97 |
| 2019-12-31 | 9767000000.0000 | 4.45 | 1478000000.0000 | -0.20 | 1541000000.0000 | 4.19 | 1541000000.0000 | 4.40 |
| 2019-03-31 | 1749000000.0000 | -5.05 | 222000000.0000 | 16.23 | 217000000.0000 | 5.85 | 218000000.0000 | 5.83 |
| 2019-06-30 | 4186000000.0000 | -4.91 | 758000000.0000 | 1.20 | 763000000.0000 | 2.42 | 762000000.0000 | 2.28 |
| 2018-09-30 | 6533000000.0000 | 3.83 | 1118000000.0000 | 17.56 | 1117000000.0000 | 16.48 | 1117000000.0000 | 16.35 |
| 2018-12-31 | 9351000000.0000 | 5.06 | 1481000000.0000 | 8.66 | 1479000000.0000 | 9.07 | 1476000000.0000 | 8.61 |
| 2018-03-31 | 1842000000.0000 | 20.16 | 191000000.0000 | -1.55 | 205000000.0000 | 2.50 | 206000000.0000 | 3.00 |
| 2018-06-30 | 4402000000.0000 | 11.08 | 749000000.0000 | 11.13 | 745000000.0000 | 10.86 | 745000000.0000 | 10.70 |
| 2017-12-31 | 8901000000.0000 | 10.79 | 1363000000.0000 | 47.67 | 1356000000.0000 | 29.27 | 1359000000.0000 | 29.80 |
| 2017-09-30 | 6292000000.0000 | 0.29 | 951000000.0000 | 18.14 | 959000000.0000 | 14.03 | 960000000.0000 | 14.15 |
| 2017-03-31 | 1533000000.0000 | -- | 194000000.0000 | -- | 200000000.0000 | -- | 200000000.0000 | -- |
| 2017-06-30 | 3963000000.0000 | -- | 674000000.0000 | -- | 672000000.0000 | -- | 673000000.0000 | -- |
| 2016-12-31 | 8034000000.0000 | 3.66 | 923000000.0000 | 4.53 | 1049000000.0000 | 6.61 | 1047000000.0000 | 6.40 |
| 2016-09-30 | 6274000000.0000 | -- | 805000000.0000 | -- | 841000000.0000 | -- | 841000000.0000 | -- |
| 2015-06-30 | 3099000000.0000 | -- | 506000000.0000 | -- | 530000000.0000 | -- | 530000000.0000 | -- |
| 2015-12-31 | 7750000000.0000 | 3.58 | 883000000.0000 | 5.62 | 984000000.0000 | 5.24 | 984000000.0000 | 5.24 |
| 2014-12-31 | 7482000000.0000 | 1.38 | 836000000.0000 | 31.24 | 935000000.0000 | 26.69 | 935000000.0000 | 27.21 |
| 2012-12-31 | 5558000000.0000 | -- | 439000000.0000 | -- | 528000000.0000 | -- | 502000000.0000 | -- |
| 2013-12-31 | 7380000000.0000 | 32.78 | 637000000.0000 | 45.10 | 738000000.0000 | 39.77 | 735000000.0000 | 46.41 |
| 2025-06-30 | 5010000000.0000 | -15.71 | 659000000.0000 | -36.21 | 672000000.0000 | -35.14 | 668000000.0000 | -11.41 |
| 2025-09-30 | 8366000000.0000 | -1.75 | 1237000000.0000 | -6.15 | 1247000000.0000 | -5.67 | 1242000000.0000 | 28.31 |
| 2026-03-31 | 2508000000.0000 | 1.21 | 329000000.0000 | 4.44 | 328000000.0000 | 1.23 | 326000000.0000 | 1.56 |
| 2025-12-31 | 11180000000.0000 | -4.60 | 1192000000.0000 | -22.85 | 1173000000.0000 | -23.98 | 1170000000.0000 | -7.66 |
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) |
| 2025-03 | 12.15 | 13.08 | 1.44 | 2.1400 | 0.6800 | 5.84 | 0.11 |
| 2024-12 | 11.83 | 13.17 | 7.06 | 8.5200 | 3.7100 | 8.04 | 0.54 |
| 2024-09 | 14.23 | 15.53 | 5.73 | 6.3200 | 2.4500 | 6.41 | 0.37 |
| 2024-03 | 10.65 | 11.17 | 1.17 | 1.4100 | 0.6400 | 5.86 | 0.11 |
| 2024-06 | 15.86 | 17.43 | 4.83 | 4.9600 | 1.8500 | 7.79 | 0.28 |
| 2023-12 | 12.78 | 17.26 | 9.18 | 16.7200 | 4.1100 | 8.14 | 0.53 |
| 2023-09 | 14.47 | 15.59 | 5.65 | 8.9300 | 2.2800 | 5.78 | 0.36 |
| 2023-06 | 15.75 | 17.09 | 4.21 | 6.4500 | 1.8000 | 6.13 | 0.25 |
| 2023-03 | 8.03 | 9.78 | 1.02 | 1.5700 | 0.7000 | 5.40 | 0.10 |
| 2022-12 | 12.82 | 14.91 | 8.11 | 13.0000 | 3.9500 | 6.89 | 0.54 |
| 2022-09 | 13.80 | 15.44 | 5.57 | 8.7700 | 2.1500 | 4.58 | 0.36 |
| 2022-06 | 15.61 | 17.57 | 4.37 | 6.7300 | 1.7200 | 5.46 | 0.25 |
| 2022-03 | 8.97 | 10.35 | 1.08 | 1.7100 | 0.6400 | 4.30 | 0.10 |
| 2021-12 | 12.55 | 14.08 | 7.82 | 12.8400 | 3.9000 | 6.38 | 0.56 |
| 2021-09 | 14.61 | 15.95 | 5.86 | 9.1600 | 2.1600 | 4.54 | 0.37 |
| 2021-03 | 7.43 | 9.11 | 0.93 | 1.4500 | 0.6000 | 3.76 | 0.10 |
| 2021-06 | 15.98 | 17.30 | 4.53 | 6.7700 | 1.6300 | 5.25 | 0.26 |
| 2020-12 | 12.00 | 14.37 | 7.95 | 12.5400 | 3.6400 | 5.92 | 0.55 |
| 2020-09 | 10.51 | 12.93 | 4.38 | 6.6800 | 1.9000 | 4.42 | 0.34 |
| 2020-03 | 6.75 | 8.90 | 0.85 | 1.2800 | 0.5500 | 3.43 | 0.10 |
| 2020-06 | 9.31 | 11.85 | 2.90 | 4.1200 | 1.4800 | 4.31 | 0.24 |
| 2019-09 | 14.06 | 17.52 | 7.17 | 10.6900 | 2.0500 | 5.17 | 0.41 |
| 2019-12 | 12.81 | 15.78 | 9.54 | 15.2600 | 3.6000 | 7.04 | 0.60 |
| 2019-03 | 10.35 | 12.41 | 1.47 | 2.2300 | 0.6200 | 4.88 | 0.12 |
| 2019-06 | 14.45 | 18.23 | 5.27 | 7.5800 | 1.5200 | 5.83 | 0.29 |
| 2018-09 | 14.76 | 17.10 | 7.88 | 12.0800 | 2.3400 | 6.12 | 0.46 |
| 2018-12 | 13.51 | 15.82 | 10.14 | 16.1700 | 3.7300 | 7.61 | 0.64 |
| 2018-03 | 7.22 | 11.13 | 1.52 | 2.3500 | 0.8100 | 5.76 | 0.14 |
| 2018-06 | 14.40 | 16.92 | 5.47 | 8.2400 | 1.7900 | 7.26 | 0.32 |
| 2017-12 | 13.84 | 15.23 | 10.13 | 23.5100 | 4.0600 | 8.78 | 0.67 |
| 2017-09 | 14.02 | 15.24 | 8.98 | 17.7300 | 2.9700 | 6.62 | 0.59 |
| 2017-03 | 11.94 | 13.05 | -- | 3.8500 | -- | -- | -- |
| 2017-06 | 15.42 | 16.96 | 6.88 | 12.4400 | 1.9800 | 9.19 | 0.41 |
| 2016-12 | 11.14 | 13.06 | 10.56 | 22.1400 | 3.7200 | 10.06 | 0.81 |
| 2016-09 | 12.67 | 13.40 | -- | 17.9100 | -- | -- | -- |
| 2015-06 | 16.20 | 17.10 | 5.94 | 13.0700 | 1.3100 | 7.12 | 0.35 |
| 2015-12 | 11.07 | 12.70 | 10.09 | 23.1400 | 3.4600 | 9.24 | 0.79 |
| 2014-12 | 10.96 | 12.50 | 10.18 | 27.7700 | 3.5800 | 6.72 | 0.81 |
| 2012-12 | 7.81 | 9.50 | 7.26 | 36.7500 | 3.8300 | 5.93 | 0.76 |
| 2013-12 | 8.32 | 10.00 | 7.86 | 30.9100 | 4.5600 | 6.53 | 0.79 |
| 2025-06 | 11.72 | 13.41 | 3.06 | 4.6200 | 1.5800 | 5.34 | 0.23 |
| 2025-09 | 13.69 | 14.91 | 5.34 | 8.2500 | 2.4600 | 4.80 | 0.36 |
| 2026-03 | 12.52 | 13.08 | 1.44 | -- | -- | -- | 0.11 |
| 2025-12 | 9.34 | 10.49 | -- | -- | -- | -- | -- |
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 |
| 2025-03 | 32.00 | 68.00 | 2.3800 | 1.6700 |
| 2024-12 | 31.66 | 68.34 | 2.3600 | 1.7100 |
| 2024-09 | 36.65 | 63.35 | 1.8400 | 1.4500 |
| 2024-03 | 35.97 | 64.03 | 1.9000 | 1.4500 |
| 2024-06 | 32.82 | 67.18 | 2.0200 | 1.6100 |
| 2023-12 | 34.97 | 65.03 | 1.9400 | 1.5600 |
| 2023-09 | 38.00 | 62.00 | 2.0100 | 1.5500 |
| 2023-06 | 33.01 | 66.99 | 2.4300 | 2.0400 |
| 2023-03 | 35.21 | 64.79 | 2.2600 | 1.8400 |
| 2022-12 | 35.00 | 65.00 | 2.3100 | 1.9800 |
| 2022-09 | 37.24 | 62.76 | 2.3100 | 1.8700 |
| 2022-06 | 32.55 | 67.45 | 2.7000 | 2.3100 |
| 2022-03 | 35.82 | 64.18 | 2.4200 | 2.0100 |
| 2021-12 | 36.86 | 63.14 | 2.3500 | 1.9900 |
| 2021-09 | 36.91 | 63.09 | 2.4000 | 1.9300 |
| 2021-03 | 35.40 | 64.60 | 2.5600 | 2.0700 |
| 2021-06 | 34.94 | 65.06 | 2.5700 | 2.1200 |
| 2020-12 | 34.70 | 65.30 | 2.6100 | 2.2000 |
| 2020-09 | 36.03 | 63.97 | 2.5300 | 1.9800 |
| 2020-03 | 32.70 | 67.30 | 2.9400 | 2.3800 |
| 2020-06 | 32.62 | 67.38 | 2.9100 | 2.3700 |
| 2019-09 | 33.69 | 66.31 | 2.8900 | 1.6400 |
| 2019-12 | 33.37 | 66.63 | 2.8300 | 2.3300 |
| 2019-03 | 32.98 | 67.02 | 3.0700 | 1.7900 |
| 2019-06 | 32.09 | 67.91 | 3.1100 | 1.8400 |
| 2018-09 | 34.07 | 65.93 | 3.0300 | 1.6400 |
| 2018-12 | 33.85 | 66.15 | 2.9800 | 1.8300 |
| 2018-03 | 34.04 | 65.96 | 3.0700 | 1.7600 |
| 2018-06 | 34.32 | 65.67 | 3.0200 | 1.7200 |
| 2017-12 | 34.94 | 65.06 | 2.9700 | 2.2500 |
| 2017-09 | 46.78 | 53.22 | 2.0100 | 1.2800 |
| 2017-03 | -- | -- | -- | -- |
| 2017-06 | 44.96 | 55.04 | 2.1400 | 1.4000 |
| 2016-12 | 48.69 | 51.31 | 1.9800 | 1.3400 |
| 2016-09 | -- | -- | -- | -- |
| 2015-06 | 51.45 | 48.56 | 1.9100 | 1.2000 |
| 2015-12 | 54.82 | 45.18 | 1.7600 | 1.1200 |
| 2014-12 | 59.02 | 40.98 | 1.5500 | 0.9700 |
| 2012-12 | 75.55 | 24.46 | 1.1900 | 0.7900 |
| 2013-12 | 68.65 | 31.35 | 1.3000 | 0.8700 |
| 2025-06 | 32.01 | 67.99 | 2.4200 | 1.6800 |
| 2025-09 | 33.41 | 66.59 | 2.3100 | 1.6300 |
| 2026-03 | 31.25 | 68.75 | -- | -- |
| 2025-12 | -- | -- | -- | -- |
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) |
| 2025-03 | 2177000000.0000 | 226000000.0000 | 303000000.0000 | -32715100.0000 |
| 2024-12 | 10333000000.0000 | 1306000000.0000 | 1554000000.0000 | -96345700.0000 |
| 2024-09 | 7303000000.0000 | 783000000.0000 | 922000000.0000 | -72004000.0000 |
| 2024-03 | 2207000000.0000 | 220000000.0000 | 273000000.0000 | -29048400.0000 |
| 2024-06 | 5001000000.0000 | 542000000.0000 | 604000000.0000 | -26514500.0000 |
| 2023-12 | 10601000000.0000 | 1327000000.0000 | 1520000000.0000 | -74101100.0000 |
| 2023-09 | 6887000000.0000 | 775000000.0000 | 885000000.0000 | -64685600.0000 |
| 2023-06 | 4402000000.0000 | 484000000.0000 | 577000000.0000 | -13619700.0000 |
| 2023-03 | 2004000000.0000 | 207000000.0000 | 267000000.0000 | -20575700.0000 |
| 2022-12 | 9791000000.0000 | 1211000000.0000 | 1404000000.0000 | -1168500.0000 |
| 2022-09 | 6338000000.0000 | 708000000.0000 | 819000000.0000 | -27717800.0000 |
| 2022-06 | 4126000000.0000 | 464000000.0000 | 531000000.0000 | 2724900.0000 |
| 2022-03 | 1856000000.0000 | 203000000.0000 | 242000000.0000 | -11961000.0000 |
| 2021-12 | 9524000000.0000 | 1150000000.0000 | 1361000000.0000 | 8691100.0000 |
| 2021-09 | 5920000000.0000 | 667000000.0000 | 783000000.0000 | -22713000.0000 |
| 2021-03 | 1708000000.0000 | 196000000.0000 | 244000000.0000 | -4347500.0000 |
| 2021-06 | 3939000000.0000 | 431000000.0000 | 505000000.0000 | 2087900.0000 |
| 2020-12 | 8580000000.0000 | 1021000000.0000 | 1145000000.0000 | 1895500.0000 |
| 2020-09 | 5143000000.0000 | 534000000.0000 | 666000000.0000 | -24966300.0000 |
| 2020-03 | 1436000000.0000 | 162000000.0000 | 198000000.0000 | -2960600.0000 |
| 2020-06 | 3458000000.0000 | 346000000.0000 | 400000000.0000 | 1352100.0000 |
| 2019-09 | 5381000000.0000 | 570000000.0000 | 687000000.0000 | -11774700.0000 |
| 2019-12 | 8516000000.0000 | 995000000.0000 | 1150000000.0000 | 3028300.0000 |
| 2019-03 | 1568000000.0000 | 172000000.0000 | 218000000.0000 | -8804300.0000 |
| 2019-06 | 3581000000.0000 | 376000000.0000 | 463000000.0000 | 969600.0000 |
| 2018-09 | 5569000000.0000 | 550000000.0000 | 683000000.0000 | -10328400.0000 |
| 2018-12 | 8088000000.0000 | 879000000.0000 | 1136000000.0000 | 5259700.0000 |
| 2018-03 | 1709000000.0000 | 155000000.0000 | 222000000.0000 | -14958600.0000 |
| 2018-06 | 3768000000.0000 | 354000000.0000 | 463000000.0000 | 3393700.0000 |
| 2017-12 | 7669000000.0000 | 778000000.0000 | 1010000000.0000 | 1990700.0000 |
| 2017-09 | 5410000000.0000 | 515000000.0000 | 711000000.0000 | -4631500.0000 |
| 2017-03 | 1350000000.0000 | 128000000.0000 | 191000000.0000 | -5321000.0000 |
| 2017-06 | 3352000000.0000 | 336000000.0000 | 436000000.0000 | 967000.0000 |
| 2016-12 | 7139000000.0000 | 695000000.0000 | 939000000.0000 | 629300.0000 |
| 2016-09 | 5479000000.0000 | 473000000.0000 | 604000000.0000 | -16397800.0000 |
| 2015-06 | 2597000000.0000 | 241000000.0000 | 388000000.0000 | 2516000.0000 |
| 2015-12 | 6892000000.0000 | 618000000.0000 | 913000000.0000 | 301500.0000 |
| 2014-12 | 6662000000.0000 | 560000000.0000 | 833000000.0000 | 1431100.0000 |
| 2012-12 | 5124000000.0000 | 469000000.0000 | 784000000.0000 | 7309200.0000 |
| 2013-12 | 6766000000.0000 | 490000000.0000 | 764000000.0000 | 17709700.0000 |
| 2025-06 | 4423000000.0000 | 467000000.0000 | 580000000.0000 | -30145400.0000 |
| 2025-09 | 7221000000.0000 | 707000000.0000 | 902000000.0000 | -66165000.0000 |
| 2026-03 | 2194000000.0000 | 210000000.0000 | 293000000.0000 | -43397400.0000 |
| 2025-12 | 10136000000.0000 | 1331000000.0000 | 1539000000.0000 | -97234300.0000 |