中商官网
研究报告
中国中免（601888）
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) |
| 2006 | 4855000000.0000 | 251000000.0000 | 256000000.0000 | 173000000.0000 | 2215000000.0000 | 1686000000.0000 | 529000000.0000 |
| 2007 | 5967000000.0000 | 377000000.0000 | 402000000.0000 | 267000000.0000 | 2841000000.0000 | 2152000000.0000 | 690000000.0000 |
| 2008 | 5819000000.0000 | 416000000.0000 | 429000000.0000 | 333000000.0000 | 3020000000.0000 | 1889000000.0000 | 1131000000.0000 |
| 2009 | 6065000000.0000 | 548000000.0000 | 550000000.0000 | 436000000.0000 | 5499000000.0000 | 1481000000.0000 | 4019000000.0000 |
| 2010 | 9609000000.0000 | 710000000.0000 | 715000000.0000 | 555000000.0000 | 6482000000.0000 | 1970000000.0000 | 4512000000.0000 |
| 2011 | 12695000000.0000 | 1081000000.0000 | 1087000000.0000 | 835000000.0000 | 7696000000.0000 | 2546000000.0000 | 5150000000.0000 |
| 2012 | 16134000000.0000 | 1448000000.0000 | 1563000000.0000 | 1180000000.0000 | 8930000000.0000 | 2737000000.0000 | 6194000000.0000 |
| 2013 | 17448000000.0000 | 1894000000.0000 | 1957000000.0000 | 1485000000.0000 | 12961000000.0000 | 3255000000.0000 | 9706000000.0000 |
| 2014 | 19936000000.0000 | 2202000000.0000 | 2227000000.0000 | 1670000000.0000 | 14701000000.0000 | 3908000000.0000 | 10793000000.0000 |
| 2015 | 21292000000.0000 | 2296000000.0000 | 2313000000.0000 | 1721000000.0000 | 15731000000.0000 | 3839000000.0000 | 11892000000.0000 |
| 2016 | 22390000000.0000 | 2649000000.0000 | 2671000000.0000 | 2035000000.0000 | 17288000000.0000 | 3927000000.0000 | 13360000000.0000 |
| 2017 | 28282000000.0000 | 3853000000.0000 | 3834000000.0000 | 2935000000.0000 | 20932000000.0000 | 5921000000.0000 | 15011000000.0000 |
| 2018 | 47007000000.0000 | 5426000000.0000 | 5336000000.0000 | 3935000000.0000 | 26847000000.0000 | 8263000000.0000 | 18584000000.0000 |
| 2019 | 48612000000.0000 | 7356000000.0000 | 7407000000.0000 | 5607000000.0000 | 31824000000.0000 | 8870000000.0000 | 22954000000.0000 |
| 2020 | 52598000000.0000 | 9694000000.0000 | 9672000000.0000 | 7336000000.0000 | 41928000000.0000 | 15742000000.0000 | 26185000000.0000 |
| 2021 | 67676000000.0000 | 14804000000.0000 | 14801000000.0000 | 12365000000.0000 | 55474000000.0000 | 20682000000.0000 | 34791000000.0000 |
| 2022 | 54433000000.0000 | 7619000000.0000 | 7617000000.0000 | 6188000000.0000 | 75908000000.0000 | 21780000000.0000 | 54127000000.0000 |
| 2023 | 67540000000.0000 | 8677000000.0000 | 8646000000.0000 | 7266000000.0000 | 78869000000.0000 | 19688000000.0000 | 59182000000.0000 |
| 2024 | 56474000000.0000 | 6178000000.0000 | 6148000000.0000 | 4862000000.0000 | 76260000000.0000 | 15312000000.0000 | 60948000000.0000 |
| 2025 | 53694000000.0000 | 5304000000.0000 | 5307000000.0000 | 3690000000.0000 | 74983000000.0000 | 13857000000.0000 | 61126000000.0000 |
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) |
| 2006 | 4.74 | 5.27 | 11.56 | 48.3900 | 14.6600 | 8.37 | 2.19 |
| 2007 | 5.83 | 6.74 | 14.15 | 49.2200 | 17.0200 | 9.90 | 2.10 |
| 2008 | 6.19 | 7.37 | 14.21 | 31.6300 | 11.5800 | 10.25 | 1.93 |
| 2009 | 7.88 | 9.07 | 10.00 | 18.6700 | 8.6900 | 12.51 | 1.10 |
| 2010 | 6.46 | 7.44 | 11.03 | 10.4900 | 13.2000 | 16.05 | 1.48 |
| 2011 | 7.75 | 8.56 | 14.12 | 15.5900 | 13.5400 | 17.14 | 1.65 |
| 2012 | 8.29 | 9.69 | 17.50 | 19.5600 | 13.4400 | 20.27 | 1.81 |
| 2013 | 10.24 | 11.22 | 15.10 | 18.2100 | 11.6200 | 21.75 | 1.35 |
| 2014 | 10.40 | 11.17 | 15.15 | 15.3700 | 10.7200 | 24.32 | 1.36 |
| 2015 | 10.06 | 10.86 | 14.70 | 14.1500 | 9.5400 | 23.35 | 1.35 |
| 2016 | 10.94 | 11.93 | 15.45 | 15.2600 | 8.3500 | 24.18 | 1.30 |
| 2017 | 12.83 | 13.56 | 18.32 | 19.1200 | 7.3600 | 30.43 | 1.35 |
| 2018 | 11.35 | 11.35 | 19.88 | 20.5600 | 6.0100 | 48.85 | 1.75 |
| 2019 | 13.00 | 15.24 | 23.27 | 25.6100 | 3.4700 | 53.97 | 1.53 |
| 2020 | 17.99 | 18.39 | 23.07 | 29.3700 | 2.7400 | 113.21 | 1.25 |
| 2021 | 21.22 | 21.87 | 26.68 | 37.3300 | 2.6100 | 580.65 | 1.22 |
| 2022 | 13.14 | 13.99 | 10.03 | 13.9500 | 1.6400 | 423.53 | 0.72 |
| 2023 | 12.43 | 12.80 | 10.96 | 13.1200 | 1.8800 | 467.53 | 0.86 |
| 2024 | 10.51 | 10.89 | 8.06 | 7.8800 | 2.0000 | 553.85 | 0.74 |
| 2025 | 9.76 | 9.88 | 7.08 | 6.4800 | 2.2100 | 765.96 | 0.72 |
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 |
| 2006 | 76.12 | 23.88 | 1.0300 | 0.8300 |
| 2007 | 75.75 | 24.29 | 1.0500 | 0.8700 |
| 2008 | 62.55 | 37.45 | 1.2100 | 0.9100 |
| 2009 | 26.93 | 73.09 | 3.1800 | 2.7000 |
| 2010 | 30.39 | 69.61 | 2.7900 | 2.3700 |
| 2011 | 33.08 | 66.92 | 2.2200 | 1.6800 |
| 2012 | 30.65 | 69.36 | 2.4600 | 1.8600 |
| 2013 | 25.11 | 74.89 | 3.0700 | 2.5100 |
| 2014 | 26.58 | 73.42 | 2.8200 | 2.2000 |
| 2015 | 24.40 | 75.60 | 3.2200 | 1.7900 |
| 2016 | 22.72 | 77.28 | 3.4900 | 2.6300 |
| 2017 | 28.29 | 71.71 | 2.9700 | 2.2800 |
| 2018 | 30.78 | 69.22 | 2.5100 | 1.6500 |
| 2019 | 27.87 | 72.13 | 2.7900 | 1.7100 |
| 2020 | 37.55 | 62.45 | 1.9800 | 1.0000 |
| 2021 | 37.28 | 62.72 | 2.2500 | 1.0400 |
| 2022 | 28.69 | 71.31 | 3.2700 | 1.6000 |
| 2023 | 24.96 | 75.04 | 3.8100 | 2.1700 |
| 2024 | 20.08 | 79.92 | 5.1000 | 3.2600 |
| 2025 | 18.48 | 81.52 | 5.8300 | 3.7000 |
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) |
| 2006 | 4625000000.0000 | 336000000.0000 | 282000000.0000 | 23070400.0000 |
| 2007 | 5619000000.0000 | 385000000.0000 | 318000000.0000 | 8790300.0000 |
| 2008 | 5459000000.0000 | 471000000.0000 | 358000000.0000 | 31298200.0000 |
| 2009 | 5587000000.0000 | 475000000.0000 | 355000000.0000 | 10585500.0000 |
| 2010 | 8988000000.0000 | 686000000.0000 | 467000000.0000 | -21755600.0000 |
| 2011 | 11711000000.0000 | 909000000.0000 | 663000000.0000 | -4417800.0000 |
| 2012 | 14797000000.0000 | 1169000000.0000 | 790000000.0000 | -24546300.0000 |
| 2013 | 15662000000.0000 | 1427000000.0000 | 827000000.0000 | -34276000.0000 |
| 2014 | 17862000000.0000 | 1581000000.0000 | 907000000.0000 | -54104900.0000 |
| 2015 | 19151000000.0000 | 1826000000.0000 | 968000000.0000 | -11661700.0000 |
| 2016 | 19941000000.0000 | 1807000000.0000 | 1062000000.0000 | -14791600.0000 |
| 2017 | 24653000000.0000 | 3529000000.0000 | 1082000000.0000 | -76093300.0000 |
| 2018 | 41671000000.0000 | 11601000000.0000 | 1601000000.0000 | 91842100.0000 |
| 2019 | 42291000000.0000 | 15536000000.0000 | 1628000000.0000 | 25959400.0000 |
| 2020 | 43135000000.0000 | 8847000000.0000 | 1638000000.0000 | 333000000.0000 |
| 2021 | 53312000000.0000 | 3861000000.0000 | 2250000000.0000 | 206000000.0000 |
| 2022 | 47281000000.0000 | 4032000000.0000 | 2209000000.0000 | 220000000.0000 |
| 2023 | 59148000000.0000 | 9421000000.0000 | 2208000000.0000 | 298000000.0000 |
| 2024 | 50541000000.0000 | 9063000000.0000 | 1989000000.0000 | 48042100.0000 |
| 2025 | 48454000000.0000 | 8684000000.0000 | 2204000000.0000 | 116000000.0000 |