中商官网
研究报告
浙江黎明（603048）
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 | 645000000.0000 | 5.22 | 54471600.0000 | 20.15 | 53765600.0000 | 8.67 | 51928700.0000 | 15.77 |
| 2025-03-31 | 168000000.0000 | 6.33 | 14756700.0000 | -20.56 | 14304600.0000 | -22.91 | 13174700.0000 | -23.42 |
| 2024-09-30 | 455000000.0000 | 6.06 | 36832000.0000 | 38.35 | 36739800.0000 | 19.10 | 36140100.0000 | 25.15 |
| 2024-06-30 | 309000000.0000 | 12.36 | 25734900.0000 | 96.65 | 25706100.0000 | 97.60 | 25410900.0000 | 104.01 |
| 2023-12-31 | 613000000.0000 | 18.34 | 45334900.0000 | 139.97 | 49474000.0000 | 163.05 | 44855800.0000 | 119.40 |
| 2023-09-30 | 429000000.0000 | 13.19 | 26621800.0000 | 32.59 | 30848600.0000 | 54.34 | 28878500.0000 | 45.52 |
| 2024-03-31 | 158000000.0000 | 21.54 | 18576300.0000 | 217.32 | 18556200.0000 | 223.73 | 17203400.0000 | 167.25 |
| 2023-06-30 | 275000000.0000 | 15.06 | 13086800.0000 | -18.23 | 13009100.0000 | -18.25 | 12456000.0000 | -21.80 |
| 2023-03-31 | 130000000.0000 | -4.41 | 5854200.0000 | -59.14 | 5732000.0000 | -59.60 | 6437200.0000 | -51.06 |
| 2022-06-30 | 239000000.0000 | -26.69 | 16004700.0000 | -79.31 | 15912400.0000 | -79.41 | 15929300.0000 | -76.45 |
| 2022-09-30 | 379000000.0000 | -17.43 | 20077600.0000 | -79.81 | 19987100.0000 | -79.89 | 19845300.0000 | -77.39 |
| 2022-12-31 | 518000000.0000 | -13.09 | 18891600.0000 | -82.67 | 18808100.0000 | -83.21 | 20444400.0000 | -79.33 |
| 2022-03-31 | 136000000.0000 | -13.92 | 14326800.0000 | -64.36 | 14187500.0000 | -64.65 | 13152800.0000 | -63.36 |
| 2021-12-31 | 596000000.0000 | 7.97 | 109000000.0000 | -21.58 | 112000000.0000 | -19.42 | 98891400.0000 | -17.59 |
| 2021-09-30 | 459000000.0000 | 19.84 | 99435600.0000 | 0.31 | 99386400.0000 | 0.58 | 87789200.0000 | 0.40 |
| 2021-06-30 | 326000000.0000 | 36.40 | 77350700.0000 | 43.73 | 77299900.0000 | 44.48 | 67647200.0000 | 44.17 |
| 2020-09-30 | 383000000.0000 | -- | 99132200.0000 | -- | 98815900.0000 | -- | 87437700.0000 | -- |
| 2021-03-31 | 158000000.0000 | -- | 40193600.0000 | -- | 40135800.0000 | -- | 35896800.0000 | -- |
| 2020-12-31 | 552000000.0000 | 21.85 | 139000000.0000 | 62.22 | 139000000.0000 | 62.84 | 120000000.0000 | 66.33 |
| 2020-06-30 | 239000000.0000 | -- | 53815600.0000 | -- | 53501100.0000 | -- | 46921300.0000 | -- |
| 2019-12-31 | 453000000.0000 | -0.22 | 85686700.0000 | -22.10 | 85362000.0000 | -22.40 | 72146100.0000 | -20.96 |
| 2017-12-31 | 474000000.0000 | -- | 148000000.0000 | -- | 141000000.0000 | -- | 117000000.0000 | -- |
| 2018-12-31 | 454000000.0000 | -4.22 | 110000000.0000 | -25.68 | 110000000.0000 | -21.99 | 91282900.0000 | -21.98 |
| 2025-06-30 | 341000000.0000 | 10.36 | 31146500.0000 | 21.03 | 30546300.0000 | 18.83 | 28112400.0000 | 10.63 |
| 2025-09-30 | 520000000.0000 | 14.29 | 47416800.0000 | 28.74 | 46491900.0000 | 26.54 | 42238800.0000 | 16.88 |
| 2026-03-31 | 184000000.0000 | 9.52 | 18720700.0000 | 26.86 | 18622600.0000 | 30.19 | 15781500.0000 | 19.79 |
| 2025-12-31 | 727000000.0000 | 12.71 | 43098900.0000 | -20.88 | 34669000.0000 | -35.52 | 32941300.0000 | -36.56 |
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 | 5.12 | 8.34 | 3.37 | 4.1400 | 2.3300 | 3.54 | 0.40 |
| 2025-03 | 5.95 | 8.51 | 0.90 | 1.0400 | 0.5900 | 3.53 | 0.11 |
| 2024-09 | 5.27 | 8.07 | 2.36 | 2.8300 | 1.6300 | 3.48 | 0.29 |
| 2024-06 | 5.83 | 8.32 | 1.60 | 1.9800 | 1.1100 | 3.45 | 0.19 |
| 2023-12 | 5.06 | 8.07 | 2.92 | 3.5500 | 2.2300 | 3.87 | 0.36 |
| 2023-09 | 4.43 | 7.19 | 1.95 | 2.2700 | 1.6200 | 3.87 | 0.27 |
| 2024-03 | 9.49 | 11.74 | 1.12 | 1.3400 | 0.5500 | 3.59 | 0.10 |
| 2023-06 | 3.64 | 4.73 | 0.83 | 1.0000 | 1.0400 | 3.63 | 0.18 |
| 2023-03 | 3.08 | 4.41 | 0.37 | 0.5100 | 0.4900 | 3.58 | 0.08 |
| 2022-06 | 4.18 | 6.66 | 1.00 | 1.2400 | 0.8000 | 3.65 | 0.15 |
| 2022-09 | 2.90 | 5.27 | 1.26 | 1.5400 | 1.3300 | 3.67 | 0.24 |
| 2022-12 | 1.16 | 3.63 | 1.16 | 1.6200 | 1.8700 | 3.66 | 0.32 |
| 2022-03 | 10.29 | 10.43 | 0.89 | 1.0100 | 0.4400 | 3.86 | 0.09 |
| 2021-12 | 17.28 | 18.79 | 7.28 | 13.5300 | 2.1600 | 3.85 | 0.39 |
| 2021-09 | 21.79 | 21.65 | 9.19 | 12.9200 | 1.6900 | 3.93 | 0.42 |
| 2021-06 | 23.93 | 23.71 | 7.49 | 10.0600 | 1.2400 | 3.70 | 0.32 |
| 2020-09 | 24.02 | 25.80 | -- | 15.0900 | -- | -- | -- |
| 2021-03 | 25.32 | 25.40 | -- | -- | -- | -- | -- |
| 2020-12 | 23.73 | 25.18 | 14.11 | 20.2400 | 2.4300 | 3.65 | 0.56 |
| 2020-06 | 21.76 | 22.39 | 5.82 | 8.3500 | 1.1300 | 3.18 | 0.26 |
| 2019-12 | 16.34 | 18.84 | 9.54 | 15.7800 | 2.0500 | 3.44 | 0.51 |
| 2017-12 | 28.69 | 29.75 | 15.44 | 21.9000 | 2.1000 | 3.03 | 0.52 |
| 2018-12 | 22.03 | 24.23 | 12.49 | 14.4900 | 2.0200 | 3.22 | 0.52 |
| 2025-06 | 6.16 | 8.96 | 1.88 | 2.3000 | 1.1900 | 3.48 | 0.21 |
| 2025-09 | 6.73 | 8.94 | 2.93 | 3.5000 | 1.6900 | 3.61 | 0.33 |
| 2026-03 | 9.24 | 10.12 | 1.11 | -- | -- | -- | 0.11 |
| 2025-12 | 3.58 | 4.77 | 2.14 | -- | -- | -- | 0.45 |
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 | 19.69 | 80.31 | 2.3000 | 1.5900 |
| 2025-03 | 18.92 | 81.08 | 2.4100 | 1.6800 |
| 2024-09 | 18.75 | 81.25 | 2.3700 | 1.6100 |
| 2024-06 | 21.01 | 78.99 | 2.1800 | 1.5600 |
| 2023-12 | 23.36 | 76.70 | 2.0500 | 1.5200 |
| 2023-09 | 18.99 | 81.01 | 2.5000 | 1.8000 |
| 2024-03 | 20.45 | 79.55 | 2.3200 | 1.6900 |
| 2023-06 | 18.61 | 81.32 | 2.4400 | 1.7300 |
| 2023-03 | 17.34 | 82.66 | 2.7500 | 1.9500 |
| 2022-06 | 19.67 | 80.26 | 2.7700 | 2.0000 |
| 2022-09 | 19.08 | 80.92 | 2.7700 | 1.9900 |
| 2022-12 | 20.72 | 79.28 | 2.4000 | 1.7300 |
| 2022-03 | 17.57 | 82.37 | 3.2100 | 2.4000 |
| 2021-12 | 15.80 | 84.20 | 3.9400 | 3.0300 |
| 2021-09 | 33.64 | 66.36 | 1.3300 | 0.8000 |
| 2021-06 | 32.36 | 67.64 | 1.4400 | 0.9300 |
| 2020-09 | -- | -- | -- | -- |
| 2021-03 | -- | -- | -- | -- |
| 2020-12 | 33.91 | 65.99 | 1.5600 | 1.1000 |
| 2020-06 | 37.21 | 62.79 | 1.3200 | 0.9300 |
| 2019-12 | 39.44 | 60.56 | 1.2900 | 0.8500 |
| 2017-12 | 39.21 | 60.68 | 1.0700 | 0.7400 |
| 2018-12 | 50.06 | 50.06 | 0.8100 | 0.5000 |
| 2025-06 | 21.91 | 78.09 | 2.0900 | 1.4900 |
| 2025-09 | 19.85 | 80.15 | 2.3000 | 1.5200 |
| 2026-03 | 23.40 | 76.60 | -- | -- |
| 2025-12 | 21.91 | 78.09 | -- | -- |
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 | 612000000.0000 | 8617200.0000 | 111000000.0000 | 2807900.0000 |
| 2025-03 | 158000000.0000 | 3625200.0000 | 27532700.0000 | -1151500.0000 |
| 2024-09 | 431000000.0000 | 5153100.0000 | 82286100.0000 | 1021600.0000 |
| 2024-06 | 291000000.0000 | 2796300.0000 | 53394100.0000 | 2143900.0000 |
| 2023-12 | 582000000.0000 | 5648300.0000 | 88451700.0000 | 2924100.0000 |
| 2023-09 | 410000000.0000 | 3993600.0000 | 60497600.0000 | 1974500.0000 |
| 2024-03 | 143000000.0000 | 1392900.0000 | 23528900.0000 | 786500.0000 |
| 2023-06 | 265000000.0000 | 2501300.0000 | 39115200.0000 | 959200.0000 |
| 2023-03 | 126000000.0000 | 1101800.0000 | 15907700.0000 | 818600.0000 |
| 2022-06 | 229000000.0000 | 2128000.0000 | 35511900.0000 | 2084900.0000 |
| 2022-09 | 368000000.0000 | 3366700.0000 | 56649100.0000 | 3218700.0000 |
| 2022-12 | 512000000.0000 | 5257500.0000 | 75538400.0000 | 4859600.0000 |
| 2022-03 | 122000000.0000 | 1660600.0000 | 17050000.0000 | 691900.0000 |
| 2021-12 | 493000000.0000 | 4453300.0000 | 70670700.0000 | 8830900.0000 |
| 2021-09 | 359000000.0000 | 2670300.0000 | 45454300.0000 | 6533300.0000 |
| 2021-06 | 248000000.0000 | 1902900.0000 | 30275500.0000 | 4405200.0000 |
| 2020-09 | 291000000.0000 | 8232600.0000 | 33654300.0000 | 8298600.0000 |
| 2021-03 | 118000000.0000 | 1225100.0000 | 14503400.0000 | 2299600.0000 |
| 2020-12 | 421000000.0000 | 3916800.0000 | 50691100.0000 | 10926000.0000 |
| 2020-06 | 187000000.0000 | 5651700.0000 | 21854500.0000 | 5785500.0000 |
| 2019-12 | 379000000.0000 | 11030100.0000 | 50285800.0000 | 12133900.0000 |
| 2017-12 | 338000000.0000 | 12592800.0000 | 40357100.0000 | 16099500.0000 |
| 2018-12 | 354000000.0000 | 11007800.0000 | 45693400.0000 | 16296400.0000 |
| 2025-06 | 320000000.0000 | 8526600.0000 | 58221400.0000 | -2848700.0000 |
| 2025-09 | 485000000.0000 | 16635900.0000 | 86693900.0000 | -3012400.0000 |
| 2026-03 | 167000000.0000 | 4977400.0000 | 30362300.0000 | 1734900.0000 |
| 2025-12 | 701000000.0000 | 19074500.0000 | 121000000.0000 | -2059000.0000 |