中商官网
研究报告
新城控股（601155）
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 （%) |
| 2024-12-31 | 88999000000.0000 | -25.32 | 2972000000.0000 | -33.57 | 2906000000.0000 | -36.44 | 720000000.0000 | 28.57 |
| 2025-03-31 | 9738000000.0000 | -32.17 | 529000000.0000 | 11.37 | 547000000.0000 | 15.89 | 316000000.0000 | 13.67 |
| 2024-09-30 | 51563000000.0000 | -27.66 | 2139000000.0000 | -38.71 | 2157000000.0000 | -40.27 | 1520000000.0000 | -42.62 |
| 2024-06-30 | 33904000000.0000 | -18.83 | 1819000000.0000 | -45.03 | 1853000000.0000 | -45.45 | 1360000000.0000 | -43.66 |
| 2023-12-31 | 119174000000.0000 | 3.22 | 4474000000.0000 | 47.51 | 4572000000.0000 | 46.77 | 560000000.0000 | -64.67 |
| 2024-03-31 | 14357000000.0000 | -11.66 | 475000000.0000 | -48.81 | 472000000.0000 | -51.39 | 278000000.0000 | -60.23 |
| 2023-09-30 | 71280000000.0000 | 15.43 | 3490000000.0000 | -30.39 | 3611000000.0000 | -29.77 | 2649000000.0000 | -27.80 |
| 2023-06-30 | 41768000000.0000 | -2.42 | 3309000000.0000 | -25.03 | 3397000000.0000 | -25.11 | 2414000000.0000 | -25.75 |
| 2023-03-31 | 16252000000.0000 | -12.99 | 928000000.0000 | 20.52 | 971000000.0000 | 16.15 | 699000000.0000 | 24.16 |
| 2022-12-31 | 115457000000.0000 | -31.37 | 3033000000.0000 | -83.36 | 3115000000.0000 | -82.99 | 1585000000.0000 | -88.48 |
| 2022-09-30 | 61754000000.0000 | -43.41 | 5014000000.0000 | -47.22 | 5142000000.0000 | -46.33 | 3669000000.0000 | -45.72 |
| 2022-06-30 | 42803000000.0000 | -45.89 | 4414000000.0000 | -34.86 | 4536000000.0000 | -34.04 | 3251000000.0000 | -32.17 |
| 2022-03-31 | 18678000000.0000 | 5.91 | 770000000.0000 | 3.08 | 836000000.0000 | 5.42 | 563000000.0000 | -9.05 |
| 2021-12-31 | 168232000000.0000 | 15.64 | 18227000000.0000 | -17.22 | 18318000000.0000 | -17.62 | 13760000000.0000 | -16.43 |
| 2021-09-30 | 109122000000.0000 | 55.69 | 9499000000.0000 | 28.19 | 9580000000.0000 | 27.43 | 6759000000.0000 | 20.59 |
| 2021-06-30 | 79105000000.0000 | 109.63 | 6776000000.0000 | 37.47 | 6877000000.0000 | 36.50 | 4793000000.0000 | 24.53 |
| 2020-12-31 | 145475000000.0000 | 69.46 | 22018000000.0000 | 24.76 | 22237000000.0000 | 24.84 | 16466000000.0000 | 23.53 |
| 2021-03-31 | 17635000000.0000 | 148.70 | 747000000.0000 | 104.10 | 793000000.0000 | 98.75 | 619000000.0000 | 109.83 |
| 2020-06-30 | 37736000000.0000 | 121.14 | 4929000000.0000 | 30.40 | 5038000000.0000 | 31.82 | 3849000000.0000 | 31.95 |
| 2020-03-31 | 7091000000.0000 | 63.76 | 366000000.0000 | 50.62 | 399000000.0000 | 32.56 | 295000000.0000 | 34.70 |
| 2020-09-30 | 70091000000.0000 | 137.11 | 7410000000.0000 | 38.22 | 7518000000.0000 | 38.81 | 5605000000.0000 | 34.12 |
| 2019-09-30 | 29560000000.0000 | 19.22 | 5361000000.0000 | 0.64 | 5416000000.0000 | 1.56 | 4179000000.0000 | 1.24 |
| 2019-12-31 | 85847000000.0000 | 58.59 | 17648000000.0000 | 12.82 | 17813000000.0000 | 12.98 | 13330000000.0000 | 9.18 |
| 2019-06-30 | 17064000000.0000 | 8.29 | 3780000000.0000 | 8.81 | 3822000000.0000 | 10.02 | 2917000000.0000 | 12.32 |
| 2019-03-31 | 4330000000.0000 | -16.39 | 243000000.0000 | -49.59 | 301000000.0000 | -37.81 | 219000000.0000 | -40.97 |
| 2018-12-31 | 54133000000.0000 | 33.58 | 15643000000.0000 | 87.12 | 15767000000.0000 | 88.35 | 12209000000.0000 | 95.03 |
| 2018-09-30 | 24794000000.0000 | 47.09 | 5327000000.0000 | 89.71 | 5333000000.0000 | 89.31 | 4128000000.0000 | 101.46 |
| 2018-03-31 | 5179000000.0000 | 154.25 | 482000000.0000 | 586.91 | 484000000.0000 | 509.37 | 371000000.0000 | 861.39 |
| 2018-06-30 | 15758000000.0000 | 39.11 | 3474000000.0000 | 112.22 | 3474000000.0000 | 111.19 | 2597000000.0000 | 126.61 |
| 2017-12-31 | 40526000000.0000 | 44.90 | 8360000000.0000 | 97.64 | 8371000000.0000 | 95.13 | 6260000000.0000 | 98.35 |
| 2017-09-30 | 16856000000.0000 | 42.33 | 2808000000.0000 | 127.55 | 2817000000.0000 | 123.93 | 2049000000.0000 | 128.43 |
| 2017-03-31 | 2037000000.0000 | 77.90 | 70169100.0000 | -125.33 | 79426800.0000 | -129.64 | 38590000.0000 | -119.10 |
| 2017-06-30 | 11328000000.0000 | 24.87 | 1637000000.0000 | 33.31 | 1645000000.0000 | 32.45 | 1146000000.0000 | 33.26 |
| 2016-12-31 | 27969000000.0000 | 18.67 | 4230000000.0000 | 29.28 | 4290000000.0000 | 30.36 | 3156000000.0000 | 31.50 |
| 2016-09-30 | 11843000000.0000 | 6.43 | 1234000000.0000 | 15.98 | 1258000000.0000 | 9.68 | 897000000.0000 | 2.75 |
| 2016-03-31 | 1145000000.0000 | -21.90 | -277000000.0000 | -441.91 | -268000000.0000 | -421.75 | -202000000.0000 | -363.33 |
| 2016-06-30 | 9072000000.0000 | 3.97 | 1228000000.0000 | 13.08 | 1242000000.0000 | 13.63 | 860000000.0000 | 3.99 |
| 2015-09-30 | 11128000000.0000 | -- | 1064000000.0000 | -- | 1147000000.0000 | -- | 873000000.0000 | -- |
| 2015-12-31 | 23569000000.0000 | 14.00 | 3272000000.0000 | 37.77 | 3291000000.0000 | 36.61 | 2400000000.0000 | 33.93 |
| 2015-03-31 | 1466000000.0000 | -- | 81016500.0000 | -- | 83295500.0000 | -- | 76709500.0000 | -- |
| 2015-06-30 | 8726000000.0000 | -- | 1086000000.0000 | -- | 1093000000.0000 | -- | 827000000.0000 | -- |
| 2014-12-31 | 20674000000.0000 | -0.30 | 2375000000.0000 | -0.54 | 2409000000.0000 | -4.86 | 1792000000.0000 | -4.93 |
| 2013-12-31 | 20736000000.0000 | 18.86 | 2388000000.0000 | 11.75 | 2532000000.0000 | 18.54 | 1885000000.0000 | 20.99 |
| 2012-12-31 | 17446000000.0000 | -- | 2137000000.0000 | -- | 2136000000.0000 | -- | 1558000000.0000 | -- |
| 2025-06-30 | 22100000000.0000 | -34.82 | 1302000000.0000 | -28.42 | 1307000000.0000 | -29.47 | 890000000.0000 | -34.56 |
| 2025-09-30 | 34371000000.0000 | -33.34 | 1655000000.0000 | -22.63 | 1664000000.0000 | -22.86 | 1020000000.0000 | -32.89 |
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) |
| 2024-12 | 2.89 | 3.27 | 0.95 | 1.2400 | 0.6000 | 144.58 | 0.29 |
| 2025-03 | 5.55 | 5.62 | 0.18 | 0.5000 | 0.0700 | 69.50 | 0.03 |
| 2024-09 | 3.41 | 4.18 | 0.63 | 2.3900 | 0.3100 | 112.50 | 0.15 |
| 2024-06 | 4.42 | 5.47 | 0.52 | 2.1700 | 0.1900 | 104.96 | 0.10 |
| 2023-12 | 2.03 | 3.84 | 1.22 | 1.2300 | 0.5600 | 203.39 | 0.32 |
| 2024-03 | 3.43 | 3.29 | 0.13 | 0.3800 | 0.0800 | 94.24 | 0.04 |
| 2023-09 | 2.43 | 5.07 | 0.86 | 4.1100 | 0.3100 | 182.74 | 0.17 |
| 2023-06 | 5.37 | 8.13 | 0.78 | 3.7800 | 0.1700 | 179.10 | 0.10 |
| 2023-03 | 3.31 | 5.97 | 0.21 | 1.1000 | 0.0600 | 128.57 | 0.04 |
| 2022-12 | 1.01 | 2.70 | 0.68 | 2.3400 | 0.4100 | 241.61 | 0.25 |
| 2022-09 | 6.71 | 8.33 | 1.01 | 5.5500 | 0.1900 | 179.10 | 0.12 |
| 2022-06 | 8.40 | 10.60 | 0.88 | 4.9700 | 0.1300 | 183.67 | 0.08 |
| 2022-03 | 4.15 | 4.48 | 0.16 | 0.8500 | 0.0600 | 157.89 | 0.04 |
| 2021-12 | 7.67 | 10.89 | 3.43 | 22.7300 | 0.5100 | 418.60 | 0.31 |
| 2021-09 | 7.26 | 8.78 | 1.67 | 11.3700 | 0.3100 | 378.95 | 0.19 |
| 2021-06 | 7.12 | 8.69 | 1.20 | 8.2400 | 0.2300 | 404.49 | 0.14 |
| 2020-12 | 11.19 | 15.29 | 4.14 | 33.8900 | 0.4400 | 356.44 | 0.27 |
| 2021-03 | 3.03 | 4.50 | 0.14 | 1.0600 | 0.0500 | 233.77 | 0.03 |
| 2020-06 | 8.31 | 13.35 | 0.99 | 8.1500 | 0.1200 | 160.71 | 0.07 |
| 2020-03 | 4.29 | 5.63 | 0.08 | 0.7100 | 0.0200 | 76.92 | 0.01 |
| 2020-09 | 7.80 | 10.73 | 1.39 | 12.0400 | 0.2100 | 183.67 | 0.13 |
| 2019-09 | 11.80 | 18.32 | 1.20 | 12.2200 | 0.1000 | 209.30 | 0.07 |
| 2019-12 | 14.27 | 20.75 | 3.85 | 36.8600 | 0.3100 | 251.75 | 0.19 |
| 2019-06 | 15.27 | 22.40 | 0.90 | 8.3400 | 0.0600 | 154.51 | 0.04 |
| 2019-03 | 6.17 | 6.95 | 0.08 | 0.6800 | 0.0200 | 98.90 | 0.01 |
| 2018-12 | 19.52 | 29.13 | 4.77 | 41.9100 | 0.3100 | 378.95 | 0.16 |
| 2018-09 | 16.00 | 21.51 | 1.81 | 14.7400 | 0.1400 | 371.13 | 0.08 |
| 2018-03 | 8.32 | 9.35 | 0.25 | 1.7200 | 0.0400 | 268.66 | 0.03 |
| 2018-06 | 13.52 | 22.05 | 1.41 | 11.9800 | 0.1100 | -- | 0.06 |
| 2017-12 | 17.05 | 20.66 | 4.56 | 34.1800 | 0.4500 | 857.14 | 0.22 |
| 2017-09 | 14.24 | 16.71 | 1.89 | 12.8100 | 0.2000 | 631.58 | 0.11 |
| 2017-03 | 6.23 | 3.90 | 0.07 | 0.2800 | 0.0300 | 250.00 | 0.02 |
| 2017-06 | 12.48 | 14.52 | 1.18 | 7.4400 | 0.1400 | 765.96 | 0.08 |
| 2016-12 | 12.44 | 15.34 | 4.16 | 22.4400 | 0.5600 | 1800.00 | 0.27 |
| 2016-09 | 8.57 | 10.62 | 1.27 | 7.0200 | 0.2400 | 1241.38 | 0.12 |
| 2016-03 | -23.06 | -23.41 | -0.34 | -1.6100 | 0.0300 | 346.15 | 0.01 |
| 2016-06 | 12.07 | 13.69 | 1.52 | 6.8100 | 0.1900 | 2400.00 | 0.11 |
| 2015-09 | 5.86 | 10.31 | 1.74 | 6.2400 | 0.2500 | 1200.00 | 0.17 |
| 2015-12 | 9.92 | 13.96 | 4.85 | 22.5300 | 0.5500 | 2769.23 | 0.35 |
| 2015-03 | 2.05 | 5.68 | -- | 0.4700 | -- | -- | -- |
| 2015-06 | 7.88 | 12.53 | 1.92 | 6.3900 | 0.2100 | 1384.62 | 0.15 |
| 2014-12 | 9.59 | 11.65 | 4.71 | 17.5500 | 0.5300 | 3000.00 | 0.40 |
| 2013-12 | 11.27 | 12.21 | 5.84 | 22.4200 | 0.5700 | 7200.00 | 0.48 |
| 2012-12 | 12.07 | 12.24 | 5.45 | 24.7900 | 0.5100 | 5142.86 | 0.45 |
| 2025-06 | 5.53 | 5.91 | 0.45 | 1.4600 | 0.1800 | 81.26 | 0.08 |
| 2025-09 | 4.88 | 4.84 | -- | -- | -- | -- | -- |
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 |
| 2024-12 | 73.09 | 26.91 | 0.9100 | 0.2600 |
| 2025-03 | 72.94 | 27.06 | 0.9000 | 0.2500 |
| 2024-09 | 75.45 | 24.55 | 0.9300 | 0.2300 |
| 2024-06 | 76.06 | 23.94 | 0.9300 | 0.2300 |
| 2023-12 | 76.90 | 23.10 | 0.9200 | 0.2400 |
| 2024-03 | 76.52 | 23.48 | 0.9300 | 0.2400 |
| 2023-09 | 78.62 | 21.38 | 0.9600 | 0.2400 |
| 2023-06 | 79.56 | 20.44 | 0.9700 | 0.2400 |
| 2023-03 | 80.18 | 19.82 | 0.9800 | 0.2400 |
| 2022-12 | 80.46 | 19.54 | 0.9600 | 0.2400 |
| 2022-09 | 81.36 | 18.64 | 1.0200 | 0.2300 |
| 2022-06 | 81.23 | 18.77 | 1.0400 | 0.2700 |
| 2022-03 | 81.86 | 18.14 | 1.0700 | 0.2700 |
| 2021-12 | 81.82 | 18.18 | 1.0700 | 0.3000 |
| 2021-09 | 84.09 | 15.91 | 1.0900 | 0.2600 |
| 2021-06 | 84.70 | 15.30 | 1.1100 | 0.2900 |
| 2020-12 | 84.73 | 15.27 | 1.1100 | 0.2900 |
| 2021-03 | 85.13 | 14.87 | 1.1000 | 0.2700 |
| 2020-06 | 87.66 | 12.34 | 1.0300 | 0.2900 |
| 2020-03 | 86.96 | 13.04 | 1.0500 | 0.3000 |
| 2020-09 | 87.50 | 12.50 | 1.0600 | 0.2700 |
| 2019-09 | 88.01 | 11.99 | 1.0800 | 0.3000 |
| 2019-12 | 86.60 | 13.40 | 1.0400 | 0.3200 |
| 2019-06 | 86.70 | 13.30 | 1.1500 | 0.3200 |
| 2019-03 | 85.47 | 14.53 | 1.1800 | 0.3800 |
| 2018-12 | 84.57 | 15.43 | 1.1700 | 0.4000 |
| 2018-09 | 88.51 | 11.49 | 1.1500 | 0.3700 |
| 2018-03 | 86.26 | 13.74 | 1.1400 | 0.3800 |
| 2018-06 | 88.31 | 11.69 | 1.1200 | 0.4200 |
| 2017-12 | 85.84 | 14.16 | 1.0900 | 0.3900 |
| 2017-09 | 88.48 | 11.52 | 1.1100 | 0.3800 |
| 2017-03 | 85.69 | 14.31 | 1.1500 | 0.3700 |
| 2017-06 | 87.92 | 12.08 | 1.1000 | 0.3700 |
| 2016-12 | 84.14 | 15.86 | 1.1300 | 0.4300 |
| 2016-09 | 85.77 | 14.23 | 1.2400 | 0.4300 |
| 2016-03 | 82.77 | 17.23 | 1.2700 | 0.3500 |
| 2016-06 | 82.81 | 17.19 | 1.1900 | 0.3900 |
| 2015-09 | 79.68 | 20.32 | 1.1900 | 0.1900 |
| 2015-12 | 79.54 | 20.46 | 1.2200 | 0.2500 |
| 2015-03 | -- | -- | -- | -- |
| 2015-06 | 77.66 | 22.34 | 1.2600 | 0.2000 |
| 2014-12 | 76.03 | 23.97 | 1.2800 | 0.2300 |
| 2013-12 | 79.16 | 20.84 | 1.5500 | 0.2800 |
| 2012-12 | 82.78 | 17.22 | 1.2700 | 0.1800 |
| 2025-06 | 72.01 | 27.99 | 0.8800 | 0.2600 |
| 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) |
| 2024-12 | 86427000000.0000 | 3965000000.0000 | 2758000000.0000 | 3311000000.0000 |
| 2025-03 | 9198000000.0000 | 494000000.0000 | 754000000.0000 | 686000000.0000 |
| 2024-09 | 49803000000.0000 | 2354000000.0000 | 1993000000.0000 | 2461000000.0000 |
| 2024-06 | 32404000000.0000 | 1617000000.0000 | 1325000000.0000 | 1759000000.0000 |
| 2023-12 | 116758000000.0000 | 5130000000.0000 | 3393000000.0000 | 3061000000.0000 |
| 2024-03 | 13865000000.0000 | 830000000.0000 | 791000000.0000 | 779000000.0000 |
| 2023-09 | 69551000000.0000 | 2716000000.0000 | 2737000000.0000 | 1689000000.0000 |
| 2023-06 | 39524000000.0000 | 1641000000.0000 | 1810000000.0000 | 1235000000.0000 |
| 2023-03 | 15714000000.0000 | 845000000.0000 | 834000000.0000 | 699000000.0000 |
| 2022-12 | 114291000000.0000 | 5503000000.0000 | 4493000000.0000 | 3229000000.0000 |
| 2022-09 | 57611000000.0000 | 2334000000.0000 | 3468000000.0000 | 1209000000.0000 |
| 2022-06 | 39206000000.0000 | 1698000000.0000 | 2042000000.0000 | 948000000.0000 |
| 2022-03 | 17903000000.0000 | 955000000.0000 | 1030000000.0000 | 238000000.0000 |
| 2021-12 | 155324000000.0000 | 5896000000.0000 | 4170000000.0000 | 1310000000.0000 |
| 2021-09 | 101202000000.0000 | 3809000000.0000 | 3649000000.0000 | 992000000.0000 |
| 2021-06 | 73471000000.0000 | 2738000000.0000 | 2304000000.0000 | 1030000000.0000 |
| 2020-12 | 129194000000.0000 | 5491000000.0000 | 4019000000.0000 | 1466000000.0000 |
| 2021-03 | 17100000000.0000 | 909000000.0000 | 986000000.0000 | 213000000.0000 |
| 2020-06 | 34602000000.0000 | 1908000000.0000 | 1878000000.0000 | 648000000.0000 |
| 2020-03 | 6787000000.0000 | 698000000.0000 | 831000000.0000 | 196000000.0000 |
| 2020-09 | 64626000000.0000 | 3141000000.0000 | 3407000000.0000 | 754000000.0000 |
| 2019-09 | 26071000000.0000 | 1782000000.0000 | 2213000000.0000 | 513000000.0000 |
| 2019-12 | 73593000000.0000 | 4372000000.0000 | 3820000000.0000 | 992000000.0000 |
| 2019-06 | 14459000000.0000 | 957000000.0000 | 1200000000.0000 | 436000000.0000 |
| 2019-03 | 4063000000.0000 | 366000000.0000 | 586000000.0000 | 27609300.0000 |
| 2018-12 | 43568000000.0000 | 2267000000.0000 | 2266000000.0000 | 842000000.0000 |
| 2018-09 | 20826000000.0000 | 918000000.0000 | 1478000000.0000 | 992000000.0000 |
| 2018-03 | 4748000000.0000 | 334000000.0000 | 499000000.0000 | 123000000.0000 |
| 2018-06 | 13628000000.0000 | 596000000.0000 | 1076000000.0000 | 584000000.0000 |
| 2017-12 | 33617000000.0000 | 1776000000.0000 | 1983000000.0000 | 449000000.0000 |
| 2017-09 | 14456000000.0000 | 691000000.0000 | 1301000000.0000 | 319000000.0000 |
| 2017-03 | 1910000000.0000 | 166000000.0000 | 264000000.0000 | 43864800.0000 |
| 2017-06 | 9914000000.0000 | 485000000.0000 | 980000000.0000 | 305000000.0000 |
| 2016-12 | 24491000000.0000 | 1032000000.0000 | 1270000000.0000 | 368000000.0000 |
| 2016-09 | 10828000000.0000 | 571000000.0000 | 629000000.0000 | 76720800.0000 |
| 2016-03 | 1409000000.0000 | 163000000.0000 | 200000000.0000 | 25075300.0000 |
| 2016-06 | 7977000000.0000 | 343000000.0000 | 399000000.0000 | 111000000.0000 |
| 2015-09 | 10476000000.0000 | 464000000.0000 | 545000000.0000 | 51309100.0000 |
| 2015-12 | 21230000000.0000 | 787000000.0000 | 873000000.0000 | 211000000.0000 |
| 2015-03 | 1436000000.0000 | 115000000.0000 | 184000000.0000 | 16912300.0000 |
| 2015-06 | 8038000000.0000 | 293000000.0000 | 396000000.0000 | 55064300.0000 |
| 2014-12 | 18691000000.0000 | 613000000.0000 | 653000000.0000 | 99735200.0000 |
| 2013-12 | 18399000000.0000 | 539000000.0000 | 642000000.0000 | 313000000.0000 |
| 2012-12 | 15340000000.0000 | 474000000.0000 | 551000000.0000 | 160000000.0000 |
| 2025-06 | 20878000000.0000 | 971000000.0000 | 1288000000.0000 | 1724000000.0000 |
| 2025-09 | 32693000000.0000 | 1625000000.0000 | 1920000000.0000 | 2314000000.0000 |