中商官网
研究报告
宏盛华源（601096）
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 （%) |
| 2024-09-30 | 7578000000.0000 | 15.17 | 223000000.0000 | 104.59 | 231000000.0000 | 100.87 | 179000000.0000 | 101.14 |
| 2025-03-31 | 2292000000.0000 | -9.30 | 112000000.0000 | 113.06 | 113000000.0000 | 109.56 | 88728800.0000 | 113.13 |
| 2024-06-30 | 5138000000.0000 | 12.33 | 125000000.0000 | 44.45 | 131000000.0000 | 42.17 | 101000000.0000 | 47.04 |
| 2024-03-31 | 2527000000.0000 | 5.56 | 52568300.0000 | 30.23 | 53921900.0000 | 29.79 | 41630700.0000 | 23.91 |
| 2023-09-30 | 6580000000.0000 | 1.59 | 109000000.0000 | -33.13 | 115000000.0000 | -29.01 | 88993800.0000 | -31.01 |
| 2023-12-31 | 9295000000.0000 | 5.97 | 156000000.0000 | -19.59 | 149000000.0000 | -22.80 | 124000000.0000 | -25.30 |
| 2023-06-30 | 4574000000.0000 | 0.77 | 86536400.0000 | -24.75 | 92145000.0000 | -19.17 | 68688400.0000 | -24.97 |
| 2023-03-31 | 2394000000.0000 | 12.71 | 40365000.0000 | -33.94 | 41545100.0000 | -32.75 | 33596900.0000 | -32.18 |
| 2022-09-30 | 6477000000.0000 | -- | 163000000.0000 | -- | 162000000.0000 | -- | 129000000.0000 | -- |
| 2022-12-31 | 8771000000.0000 | 22.47 | 194000000.0000 | -28.94 | 193000000.0000 | -27.72 | 166000000.0000 | -21.33 |
| 2022-03-31 | 2124000000.0000 | -- | 61103800.0000 | -- | 61778700.0000 | -- | 49541400.0000 | -- |
| 2022-06-30 | 4539000000.0000 | -- | 115000000.0000 | -- | 114000000.0000 | -- | 91551900.0000 | -- |
| 2021-12-31 | 7162000000.0000 | 17.28 | 273000000.0000 | -62.91 | 267000000.0000 | -63.52 | 211000000.0000 | -60.26 |
| 2020-12-31 | 6107000000.0000 | -23.69 | 736000000.0000 | 123.03 | 732000000.0000 | 123.17 | 531000000.0000 | 104.23 |
| 2019-12-31 | 8003000000.0000 | -- | 330000000.0000 | -- | 328000000.0000 | -- | 260000000.0000 | -- |
| 2024-12-31 | 10139000000.0000 | 9.08 | 282000000.0000 | 80.77 | 292000000.0000 | 95.97 | 230000000.0000 | 85.48 |
| 2025-06-30 | 4905000000.0000 | -4.53 | 249000000.0000 | 99.20 | 251000000.0000 | 91.60 | 198000000.0000 | 96.04 |
| 2025-09-30 | 7343000000.0000 | -3.10 | 364000000.0000 | 63.23 | 364000000.0000 | 57.58 | 283000000.0000 | 58.10 |
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) |
| 2024-09 | 2.69 | 3.05 | 2.42 | 4.1500 | 2.7000 | 4.13 | 0.79 |
| 2025-03 | 4.49 | 4.93 | 1.21 | 2.0000 | 0.9500 | 3.53 | 0.25 |
| 2024-06 | 2.20 | 2.55 | 1.38 | 2.3600 | 1.8600 | 4.07 | 0.54 |
| 2024-03 | 1.90 | 2.13 | 0.59 | 0.9800 | 0.9200 | 4.05 | 0.27 |
| 2023-09 | 1.57 | 1.75 | 1.39 | 2.8600 | 2.0800 | 4.16 | 0.80 |
| 2023-12 | 1.39 | 1.60 | 1.65 | 3.9600 | 2.9600 | 4.55 | 1.03 |
| 2023-06 | 1.66 | 2.01 | 1.10 | 2.2100 | 1.5200 | 3.93 | 0.55 |
| 2023-03 | 1.46 | 1.74 | 0.51 | -- | -- | -- | 0.29 |
| 2022-09 | 2.44 | 2.50 | -- | 4.3600 | -- | -- | -- |
| 2022-12 | 2.12 | 2.20 | 2.35 | 5.5600 | 2.5200 | 4.53 | 1.07 |
| 2022-03 | 100.00 | 2.91 | -- | -- | -- | -- | -- |
| 2022-06 | 2.38 | 2.51 | 1.32 | 3.1000 | 1.2600 | 4.44 | 0.53 |
| 2021-12 | 3.64 | 3.73 | 3.12 | 7.2400 | 2.5100 | 3.78 | 0.84 |
| 2020-12 | 11.92 | 11.99 | 10.21 | 42.3400 | 2.3900 | 2.57 | 0.85 |
| 2019-12 | 4.01 | 4.10 | 4.11 | 50.1300 | 3.1300 | 2.77 | 1.00 |
| 2024-12 | 2.53 | 2.88 | 3.14 | 5.3300 | 3.7500 | 4.59 | 1.09 |
| 2025-06 | 4.77 | 5.12 | 2.57 | 4.4100 | 1.9900 | 3.76 | 0.50 |
| 2025-09 | 4.68 | 4.96 | -- | -- | -- | -- | -- |
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 |
| 2024-09 | 54.39 | 45.61 | 1.6100 | 1.0500 |
| 2025-03 | 51.92 | 48.09 | 1.5600 | 1.0600 |
| 2024-06 | 54.79 | 45.21 | 1.6300 | 1.0900 |
| 2024-03 | 53.57 | 46.43 | 1.6600 | 1.0600 |
| 2023-09 | 61.65 | 38.36 | 1.4200 | 0.7800 |
| 2023-12 | 53.19 | 46.81 | 1.6700 | 1.0100 |
| 2023-06 | 62.43 | 37.57 | 1.4300 | 0.8600 |
| 2023-03 | 61.93 | 38.09 | -- | -- |
| 2022-09 | -- | -- | -- | -- |
| 2022-12 | 62.66 | 37.34 | 1.4200 | 0.6800 |
| 2022-03 | -- | -- | -- | -- |
| 2022-06 | 65.24 | 34.76 | 1.3300 | 0.6300 |
| 2021-12 | 66.06 | 33.93 | 1.5300 | 0.7600 |
| 2020-12 | 60.72 | 39.28 | 1.7900 | 1.1800 |
| 2019-12 | 91.12 | 8.88 | 0.9400 | 0.6100 |
| 2024-12 | 52.78 | 47.22 | 1.5800 | 0.9300 |
| 2025-06 | 53.22 | 46.78 | 1.5200 | 0.9900 |
| 2025-09 | -- | -- | -- | -- |
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) |
| 2024-09 | 7374000000.0000 | 159000000.0000 | 137000000.0000 | 4670500.0000 |
| 2025-03 | 2189000000.0000 | 44016900.0000 | 38675900.0000 | -863300.0000 |
| 2024-06 | 5025000000.0000 | 99076300.0000 | 86876000.0000 | 2565600.0000 |
| 2024-03 | 2479000000.0000 | 34532800.0000 | 34515800.0000 | 1420100.0000 |
| 2023-09 | 6477000000.0000 | 124000000.0000 | 113000000.0000 | 8073000.0000 |
| 2023-12 | 9166000000.0000 | 190000000.0000 | 187000000.0000 | 19151400.0000 |
| 2023-06 | 4498000000.0000 | 66725100.0000 | 70156600.0000 | 6771300.0000 |
| 2023-03 | 2359000000.0000 | 25937600.0000 | 32190300.0000 | 8309100.0000 |
| 2022-09 | 6319000000.0000 | 128000000.0000 | 117000000.0000 | 31783300.0000 |
| 2022-12 | 8585000000.0000 | 165000000.0000 | 181000000.0000 | 36447800.0000 |
| 2022-03 | -- | -- | -- | -- |
| 2022-06 | 4431000000.0000 | 79625300.0000 | 71647100.0000 | 20716500.0000 |
| 2021-12 | 6901000000.0000 | 128000000.0000 | 176000000.0000 | 76056100.0000 |
| 2020-12 | 5379000000.0000 | 89560100.0000 | 149000000.0000 | 157000000.0000 |
| 2019-12 | 7682000000.0000 | 368000000.0000 | 162000000.0000 | 227000000.0000 |
| 2024-12 | 9882000000.0000 | 227000000.0000 | 192000000.0000 | 11888400.0000 |
| 2025-06 | 4671000000.0000 | 107000000.0000 | 93425200.0000 | 1972400.0000 |
| 2025-09 | 6999000000.0000 | 154000000.0000 | 152000000.0000 | 2037000.0000 |