中商官网
研究报告
GDR 明阳智能（601615）
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) |
| 2007 | -- | -- | -- | -- | 252000000.0000 | 22879100.0000 | 229000000.0000 |
| 2008 | 529000000.0000 | -75733600.0000 | -74460300.0000 | -74460300.0000 | 1070000000.0000 | 729000000.0000 | 341000000.0000 |
| 2009 | 3073000000.0000 | 350000000.0000 | 341000000.0000 | 312000000.0000 | 3625000000.0000 | 2470000000.0000 | 1156000000.0000 |
| 2010 | 4006000000.0000 | 363000000.0000 | 388000000.0000 | 300000000.0000 | 7332000000.0000 | 4468000000.0000 | 2864000000.0000 |
| 2011 | 4802000000.0000 | 62868600.0000 | 88735900.0000 | 73665000.0000 | 9784000000.0000 | 6651000000.0000 | 3132000000.0000 |
| 2012 | 2890000000.0000 | -276000000.0000 | -192000000.0000 | -196000000.0000 | 10799000000.0000 | 7820000000.0000 | 2979000000.0000 |
| 2013 | 3579000000.0000 | -20399800.0000 | 25209300.0000 | 10805700.0000 | 10496000000.0000 | 7479000000.0000 | 3017000000.0000 |
| 2014 | 5332000000.0000 | 273000000.0000 | 323000000.0000 | 286000000.0000 | 12706000000.0000 | 9828000000.0000 | 2878000000.0000 |
| 2015 | 6940000000.0000 | 374000000.0000 | 425000000.0000 | 347000000.0000 | 15109000000.0000 | 11847000000.0000 | 3262000000.0000 |
| 2016 | 6520000000.0000 | 273000000.0000 | 340000000.0000 | 288000000.0000 | 18124000000.0000 | 14422000000.0000 | 3702000000.0000 |
| 2017 | 5298000000.0000 | 360000000.0000 | 350000000.0000 | 328000000.0000 | 19124000000.0000 | 14867000000.0000 | 4257000000.0000 |
| 2018 | 6902000000.0000 | 380000000.0000 | 387000000.0000 | 423000000.0000 | 22332000000.0000 | 17444000000.0000 | 4888000000.0000 |
| 2019 | 10493000000.0000 | 739000000.0000 | 748000000.0000 | 661000000.0000 | 34696000000.0000 | 27604000000.0000 | 7092000000.0000 |
| 2020 | 22457000000.0000 | 1579000000.0000 | 1477000000.0000 | 1304000000.0000 | 51628000000.0000 | 36543000000.0000 | 15084000000.0000 |
| 2021 | 27216000000.0000 | 3680000000.0000 | 3646000000.0000 | 3016000000.0000 | 61550000000.0000 | 42999000000.0000 | 18551000000.0000 |
| 2022 | 30748000000.0000 | 3865000000.0000 | 3858000000.0000 | 3439000000.0000 | 68941000000.0000 | 40578000000.0000 | 28363000000.0000 |
| 2023 | 28124000000.0000 | 384000000.0000 | 362000000.0000 | 387000000.0000 | 84246000000.0000 | 55671000000.0000 | 28602000000.0000 |
| 2024 | 27158000000.0000 | 452000000.0000 | 415000000.0000 | 372000000.0000 | 86795000000.0000 | 59531000000.0000 | 27263000000.0000 |
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) |
| 2007 | -- | -- | 0.00 | -- | -- | -- | 0.00 |
| 2008 | -14.37 | -14.08 | -6.96 | -- | 3.3100 | 1.38 | 0.49 |
| 2009 | 11.36 | 11.10 | 9.41 | -- | 9.0200 | 2.62 | 0.85 |
| 2010 | 9.06 | 9.69 | 5.29 | -- | 3.5300 | 1.54 | 0.55 |
| 2011 | 1.21 | 1.85 | 0.91 | -- | 2.4700 | 1.29 | 0.49 |
| 2012 | -11.45 | -6.64 | -1.78 | -- | 1.3300 | 0.67 | 0.27 |
| 2013 | -2.71 | 0.70 | 0.24 | -- | 1.8200 | 0.79 | 0.34 |
| 2014 | 2.38 | 6.06 | 2.54 | 11.1300 | 2.3800 | 1.44 | 0.42 |
| 2015 | 4.94 | 6.12 | 2.81 | 11.9700 | 2.0500 | 1.89 | 0.46 |
| 2016 | 3.74 | 5.21 | 1.88 | 8.9300 | 1.8200 | 1.40 | 0.36 |
| 2017 | 3.91 | 6.61 | 1.83 | 9.3400 | 1.9600 | 1.22 | 0.28 |
| 2018 | 2.90 | 5.61 | 1.73 | 10.0500 | 3.2700 | 1.46 | 0.31 |
| 2019 | 3.51 | 7.13 | 2.16 | 12.0500 | 3.8100 | 2.05 | 0.30 |
| 2020 | 6.49 | 6.58 | 2.86 | 15.7100 | 3.2400 | 5.31 | 0.43 |
| 2021 | 8.58 | 13.40 | 5.92 | 18.4000 | 2.3600 | 5.68 | 0.44 |
| 2022 | 9.00 | 12.55 | 5.60 | 14.5700 | 2.7900 | 3.70 | 0.45 |
| 2023 | -2.64 | 1.29 | 0.43 | 1.3300 | 2.8000 | 2.26 | 0.33 |
| 2024 | -4.46 | 1.53 | 0.48 | 1.3100 | 2.1500 | 1.96 | 0.31 |
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 |
| 2007 | 9.08 | 90.87 | 10.8500 | 6.0300 |
| 2008 | 68.13 | 31.87 | 1.3200 | 0.7500 |
| 2009 | 68.14 | 31.89 | 1.4400 | 1.2600 |
| 2010 | 60.94 | 39.06 | 1.6800 | 1.2400 |
| 2011 | 67.98 | 32.01 | 1.4100 | 1.0800 |
| 2012 | 72.41 | 27.59 | 1.4200 | 1.0300 |
| 2013 | 71.26 | 28.74 | 1.3600 | 1.0600 |
| 2014 | 77.35 | 22.65 | 1.0000 | 0.6600 |
| 2015 | 78.41 | 21.59 | 1.0300 | 0.6700 |
| 2016 | 79.57 | 20.43 | 1.0200 | 0.7900 |
| 2017 | 77.74 | 22.26 | 1.0500 | 0.7900 |
| 2018 | 78.11 | 21.89 | 1.1500 | 0.9500 |
| 2019 | 79.56 | 20.44 | 1.2400 | 0.9900 |
| 2020 | 70.78 | 29.22 | 1.2200 | 0.8300 |
| 2021 | 69.86 | 30.14 | 1.1300 | 0.8100 |
| 2022 | 58.86 | 41.14 | 1.2500 | 0.8700 |
| 2023 | 66.08 | 33.95 | 1.1500 | 0.7800 |
| 2024 | 68.59 | 31.41 | 1.2800 | 0.8100 |
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) |
| 2007 | -- | -- | -- | -- |
| 2008 | 605000000.0000 | 10412000.0000 | 44478000.0000 | 18037700.0000 |
| 2009 | 2724000000.0000 | 87000500.0000 | 183000000.0000 | 40307400.0000 |
| 2010 | 3643000000.0000 | 295000000.0000 | 290000000.0000 | 41571500.0000 |
| 2011 | 4744000000.0000 | 239000000.0000 | 258000000.0000 | 112000000.0000 |
| 2012 | 3221000000.0000 | 166000000.0000 | 281000000.0000 | 134000000.0000 |
| 2013 | 3676000000.0000 | 214000000.0000 | 275000000.0000 | 133000000.0000 |
| 2014 | 5205000000.0000 | 462000000.0000 | 368000000.0000 | 118000000.0000 |
| 2015 | 6597000000.0000 | 641000000.0000 | 292000000.0000 | 100000000.0000 |
| 2016 | 6276000000.0000 | 582000000.0000 | 320000000.0000 | 120000000.0000 |
| 2017 | 5091000000.0000 | 552000000.0000 | 314000000.0000 | 162000000.0000 |
| 2018 | 6702000000.0000 | 715000000.0000 | 365000000.0000 | 326000000.0000 |
| 2019 | 10125000000.0000 | 895000000.0000 | 419000000.0000 | 267000000.0000 |
| 2020 | 20999000000.0000 | 975000000.0000 | 509000000.0000 | 495000000.0000 |
| 2021 | 24880000000.0000 | 1184000000.0000 | 672000000.0000 | 458000000.0000 |
| 2022 | 27981000000.0000 | 1193000000.0000 | 825000000.0000 | 144000000.0000 |
| 2023 | 28867000000.0000 | 1407000000.0000 | 969000000.0000 | 329000000.0000 |
| 2024 | 28369000000.0000 | 712000000.0000 | 1085000000.0000 | 546000000.0000 |