中商官网
研究报告
*ST网达（603189）
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 （%) |
| 2025-03-31 | 74470100.0000 | 11.11 | 2769300.0000 | -51.67 | 2769300.0000 | -51.67 | 3008400.0000 | -11.97 |
| 2024-12-31 | 334000000.0000 | 13.22 | 6884000.0000 | -107.31 | 6856600.0000 | -107.24 | 10476900.0000 | -112.57 |
| 2024-09-30 | 244000000.0000 | 14.02 | 14349700.0000 | -126.98 | 14361400.0000 | -126.90 | 10732500.0000 | -120.84 |
| 2024-06-30 | 178000000.0000 | 21.92 | 8557400.0000 | -123.05 | 8588400.0000 | -123.02 | 6006000.0000 | -116.88 |
| 2023-09-30 | 214000000.0000 | -11.57 | -53177000.0000 | -207.31 | -53382600.0000 | -207.72 | -51495800.0000 | -209.49 |
| 2024-03-31 | 67022300.0000 | 6.62 | 5730100.0000 | -138.71 | 5730100.0000 | -138.71 | 3417400.0000 | -124.32 |
| 2023-12-31 | 295000000.0000 | -6.94 | -94119300.0000 | -364.91 | -94710400.0000 | -366.97 | -83343000.0000 | -327.50 |
| 2023-03-31 | 62863300.0000 | -35.24 | -14801100.0000 | -156.19 | -14801100.0000 | -156.19 | -14052300.0000 | -157.59 |
| 2023-06-30 | 146000000.0000 | -13.10 | -37120200.0000 | -203.41 | -37313400.0000 | -203.95 | -35571600.0000 | -203.39 |
| 2022-06-30 | 168000000.0000 | -6.67 | 35896400.0000 | -11.39 | 35896400.0000 | -11.39 | 34405900.0000 | -9.26 |
| 2022-09-30 | 242000000.0000 | -8.68 | 49555800.0000 | -18.08 | 49555800.0000 | -17.98 | 47033700.0000 | -16.65 |
| 2022-12-31 | 317000000.0000 | -12.43 | 35528300.0000 | -49.13 | 35476400.0000 | -49.15 | 36634800.0000 | -44.12 |
| 2022-03-31 | 97066000.0000 | 3.52 | 26343000.0000 | 11.30 | 26343000.0000 | 11.30 | 24402400.0000 | 9.72 |
| 2021-12-31 | 362000000.0000 | 10.37 | 69846800.0000 | -13.02 | 69762800.0000 | -13.33 | 65557800.0000 | -8.54 |
| 2021-09-30 | 265000000.0000 | 12.77 | 60496600.0000 | 15.90 | 60418800.0000 | 16.09 | 56431900.0000 | 16.69 |
| 2021-06-30 | 180000000.0000 | 11.80 | 40512100.0000 | 13.50 | 40512100.0000 | 13.50 | 37917300.0000 | 14.37 |
| 2020-12-31 | 328000000.0000 | 10.07 | 80300000.0000 | 146.48 | 80489300.0000 | 144.27 | 71675900.0000 | 108.38 |
| 2020-09-30 | 235000000.0000 | 27.03 | 52196400.0000 | 108.71 | 52046800.0000 | 108.04 | 48361800.0000 | 93.27 |
| 2021-03-31 | 93769100.0000 | 27.91 | 23667600.0000 | 39.68 | 23668500.0000 | 39.68 | 22239800.0000 | 37.43 |
| 2020-06-30 | 161000000.0000 | 35.29 | 35693500.0000 | 119.27 | 35693500.0000 | 119.15 | 33154600.0000 | 102.24 |
| 2020-03-31 | 73309500.0000 | 21.75 | 16944200.0000 | 54.44 | 16944200.0000 | 54.44 | 16182700.0000 | 51.96 |
| 2019-12-31 | 298000000.0000 | 47.52 | 32578500.0000 | 4450.71 | 32951200.0000 | 5355.50 | 34396800.0000 | 330.28 |
| 2019-09-30 | 185000000.0000 | 52.89 | 25009400.0000 | 243.96 | 25017900.0000 | 191.48 | 25023400.0000 | 250.53 |
| 2019-06-30 | 119000000.0000 | 92.34 | 16278600.0000 | -283.98 | 16287200.0000 | -283.84 | 16393300.0000 | -289.44 |
| 2019-03-31 | 60215300.0000 | 86.47 | 10971100.0000 | -261.45 | 10971100.0000 | -261.21 | 10649100.0000 | -256.48 |
| 2018-12-31 | 202000000.0000 | 2.54 | 715900.0000 | -98.23 | 604000.0000 | -98.59 | 7994100.0000 | -78.51 |
| 2018-03-31 | 32292900.0000 | -14.39 | -6795300.0000 | 97.98 | -6805300.0000 | 115.19 | -6805300.0000 | 115.19 |
| 2018-06-30 | 61870100.0000 | -25.98 | -8848200.0000 | -178.69 | -8859500.0000 | -163.04 | -8653500.0000 | -172.51 |
| 2018-09-30 | 121000000.0000 | -7.63 | 7271100.0000 | -66.27 | 8583100.0000 | -64.76 | 7138800.0000 | -64.86 |
| 2017-12-31 | 197000000.0000 | -12.05 | 40366200.0000 | -40.22 | 42807100.0000 | -42.09 | 37204900.0000 | -48.83 |
| 2017-09-30 | 131000000.0000 | 1.55 | 21554700.0000 | 1.03 | 24356900.0000 | 6.73 | 20312900.0000 | 1.74 |
| 2017-03-31 | 37720300.0000 | -28.14 | -3432300.0000 | -230.76 | -3162500.0000 | -208.89 | -3162500.0000 | -233.31 |
| 2017-06-30 | 83591200.0000 | -3.32 | 11243700.0000 | -31.02 | 14053400.0000 | -21.21 | 11934600.0000 | -21.20 |
| 2016-12-31 | 224000000.0000 | 8.21 | 67524900.0000 | -14.11 | 73915800.0000 | -11.83 | 72701800.0000 | -0.76 |
| 2016-09-30 | 129000000.0000 | 38.45 | 21336000.0000 | 24.31 | 22822000.0000 | 15.09 | 19965100.0000 | 17.44 |
| 2016-06-30 | 86459000.0000 | -- | 16299400.0000 | -- | 17837000.0000 | -- | 15146000.0000 | -- |
| 2015-12-31 | 207000000.0000 | 16.95 | 78619600.0000 | 29.48 | 83828900.0000 | 24.20 | 73260700.0000 | 9.10 |
| 2016-03-31 | 52487800.0000 | -- | 2624800.0000 | -- | 2904400.0000 | -- | 2372300.0000 | -- |
| 2013-12-31 | 161000000.0000 | 22.90 | 64094400.0000 | 11.19 | 70034400.0000 | 15.42 | 65094300.0000 | 21.46 |
| 2015-09-30 | 93173100.0000 | -- | 17163500.0000 | -- | 19828900.0000 | -- | 17000000.0000 | -- |
| 2014-12-31 | 177000000.0000 | 9.94 | 60717400.0000 | -5.27 | 67493100.0000 | -3.63 | 67152100.0000 | 3.16 |
| 2012-12-31 | 131000000.0000 | 62.25 | 57644100.0000 | 169.18 | 60677500.0000 | 167.25 | 53593000.0000 | 133.54 |
| 2011-12-31 | 80740700.0000 | -- | 21415000.0000 | -- | 22704500.0000 | -- | 22948400.0000 | -- |
| 2025-06-30 | 127000000.0000 | -28.65 | 4424100.0000 | -48.30 | 4424100.0000 | -48.49 | 4823800.0000 | -19.68 |
| 2025-09-30 | 174000000.0000 | -28.69 | 4153700.0000 | -71.05 | 4126400.0000 | -71.27 | 5998800.0000 | -44.11 |
| 2026-03-31 | 121000000.0000 | 62.48 | -5827600.0000 | -310.44 | -5872200.0000 | -312.05 | -5047900.0000 | -267.79 |
| 2025-12-31 | 256000000.0000 | -23.35 | 2758800.0000 | -59.92 | 2299200.0000 | -66.47 | 5262100.0000 | -49.77 |
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) |
| 2025-03 | 2.39 | 3.72 | 0.17 | 0.2000 | 2.5300 | 1.67 | 0.05 |
| 2024-12 | -1.80 | 2.05 | 0.42 | 0.6900 | 6.4000 | 1.76 | 0.21 |
| 2024-09 | 2.05 | 5.89 | 0.86 | 0.7000 | 3.7300 | 1.75 | 0.15 |
| 2024-06 | 2.81 | 4.82 | 0.52 | 0.3900 | 3.0600 | 1.61 | 0.11 |
| 2023-09 | -30.84 | -24.95 | -3.04 | -3.0400 | 2.6400 | 1.22 | 0.12 |
| 2024-03 | 6.17 | 8.55 | 0.35 | 0.2200 | 0.9900 | 1.37 | 0.04 |
| 2023-12 | -38.98 | -32.11 | -5.53 | -5.0800 | 4.1700 | 1.40 | 0.17 |
| 2023-03 | -27.25 | -23.54 | -0.80 | -0.8200 | 0.7100 | 1.00 | 0.03 |
| 2023-06 | -32.19 | -25.56 | -2.07 | -2.1200 | 1.7400 | 1.17 | 0.08 |
| 2022-06 | 10.71 | 21.37 | 1.96 | 2.0100 | 3.0700 | 1.24 | 0.09 |
| 2022-09 | 11.98 | 20.48 | 2.76 | 2.6700 | 3.9300 | 1.19 | 0.13 |
| 2022-12 | 2.21 | 11.19 | 1.90 | 2.1500 | 4.1800 | 1.36 | 0.17 |
| 2022-03 | 16.82 | 27.14 | 1.41 | 1.4300 | 1.6100 | 1.50 | 0.05 |
| 2021-12 | 14.64 | 19.27 | 3.72 | 5.9100 | 6.3200 | 2.07 | 0.19 |
| 2021-09 | 18.87 | 22.80 | 3.23 | 6.1500 | 4.2600 | 1.90 | 0.14 |
| 2021-06 | 18.89 | 22.51 | 3.73 | 4.1800 | 3.6300 | 2.22 | 0.17 |
| 2020-12 | 17.38 | 24.54 | 7.40 | 8.4300 | 7.1200 | 2.18 | 0.30 |
| 2020-09 | 18.30 | 22.15 | 5.00 | 5.7700 | 5.7800 | 1.54 | 0.23 |
| 2021-03 | 22.96 | 25.24 | 2.24 | 2.4700 | 1.7700 | 2.61 | 0.09 |
| 2020-06 | 18.01 | 22.17 | 3.55 | 3.9900 | 4.2600 | 1.68 | 0.16 |
| 2020-03 | 18.57 | 23.11 | 1.70 | 1.9700 | 1.3500 | 1.46 | 0.07 |
| 2019-12 | 6.71 | 11.06 | 3.37 | 4.2800 | 9.6000 | 1.82 | 0.30 |
| 2019-09 | 9.73 | 13.52 | 2.67 | 3.1100 | 4.8900 | 1.43 | 0.20 |
| 2019-06 | 8.40 | 13.69 | 1.82 | 2.0400 | 3.4100 | 1.44 | 0.13 |
| 2019-03 | 12.35 | 18.22 | 1.22 | 1.3300 | 1.9300 | 1.57 | 0.07 |
| 2018-12 | -1.98 | 0.30 | 0.07 | 1.0000 | 6.0500 | 1.50 | 0.22 |
| 2018-03 | -21.54 | -21.07 | -0.80 | -0.8500 | 1.0900 | 0.96 | 0.04 |
| 2018-06 | -17.98 | -14.32 | -1.07 | -1.0800 | 1.2800 | 0.96 | 0.07 |
| 2018-09 | 3.31 | 7.09 | 1.02 | 0.8900 | 2.1800 | 1.15 | 0.14 |
| 2017-12 | 18.78 | 21.73 | 5.01 | 4.6800 | 4.7800 | 1.57 | 0.23 |
| 2017-09 | 14.50 | 18.59 | 2.94 | 2.7300 | 3.3000 | 1.32 | 0.16 |
| 2017-03 | -9.10 | -8.38 | -0.38 | -0.4300 | 1.2200 | 1.20 | 0.05 |
| 2017-06 | 11.61 | 16.81 | 1.72 | 1.5000 | 2.4300 | 1.41 | 0.10 |
| 2016-12 | 31.25 | 33.00 | 8.78 | 15.4900 | 7.1700 | 2.01 | 0.27 |
| 2016-09 | 16.28 | 17.69 | 2.96 | 5.3700 | 3.6700 | 1.60 | 0.17 |
| 2016-06 | 18.85 | 20.63 | 4.36 | 4.3800 | 2.5400 | 1.44 | 0.21 |
| 2015-12 | 37.68 | 40.50 | 20.70 | 23.0200 | 8.9100 | 2.28 | 0.51 |
| 2016-03 | 5.00 | 5.53 | -- | 0.6300 | -- | -- | -- |
| 2013-12 | 39.60 | 43.50 | 21.48 | 24.8500 | 7.0700 | 3.46 | 0.49 |
| 2015-09 | 18.42 | 21.28 | -- | 4.5600 | -- | -- | -- |
| 2014-12 | 34.46 | 38.13 | 18.05 | 22.7600 | 7.3900 | 2.51 | 0.47 |
| 2012-12 | 43.21 | 46.32 | 21.44 | 30.8000 | 8.0800 | 6.31 | 0.46 |
| 2011-12 | 26.52 | 28.12 | 23.41 | 49.1400 | 6.3000 | 7.64 | 0.83 |
| 2025-06 | 0.00 | 3.48 | 0.28 | 0.3100 | 3.8300 | 1.46 | 0.08 |
| 2025-09 | -1.15 | 2.37 | 0.26 | 0.4000 | 3.9000 | 1.33 | 0.11 |
| 2026-03 | -5.79 | -4.85 | -0.37 | -0.3400 | -- | -- | 0.08 |
| 2025-12 | -2.73 | 0.90 | 0.14 | 0.3500 | 2.7700 | 1.65 | 0.16 |
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 |
| 2025-03 | 6.21 | 93.73 | 10.8700 | 10.6400 |
| 2024-12 | 7.45 | 92.55 | 8.8200 | 8.5600 |
| 2024-09 | 9.86 | 90.14 | 6.7300 | 6.4500 |
| 2024-06 | 9.55 | 90.45 | 6.9400 | 6.7000 |
| 2023-09 | 8.89 | 91.17 | 7.3000 | 6.8700 |
| 2024-03 | 7.54 | 92.40 | 8.9300 | 8.5000 |
| 2023-12 | 8.58 | 91.36 | 7.7900 | 7.4100 |
| 2023-03 | 7.50 | 92.50 | 9.0100 | 8.4300 |
| 2023-06 | 9.22 | 90.84 | 6.9500 | 6.5500 |
| 2022-06 | 6.60 | 93.40 | 10.8400 | 10.4100 |
| 2022-09 | 5.01 | 94.99 | 14.2600 | 13.4300 |
| 2022-12 | 8.07 | 91.93 | 8.3200 | 7.8600 |
| 2022-03 | 7.90 | 92.10 | 9.2600 | 9.0400 |
| 2021-12 | 9.66 | 90.34 | 7.6600 | 7.4600 |
| 2021-09 | 9.88 | 90.12 | 7.7700 | 7.5200 |
| 2021-06 | 13.17 | 86.74 | 4.4600 | 4.2400 |
| 2020-12 | 18.22 | 81.78 | 3.6900 | 3.5300 |
| 2020-09 | 15.48 | 84.42 | 4.6800 | 4.5200 |
| 2021-03 | 12.99 | 87.01 | 4.8400 | 4.6400 |
| 2020-06 | 15.32 | 84.58 | 4.8800 | 4.7300 |
| 2020-03 | 15.42 | 84.58 | 4.8800 | 4.6400 |
| 2019-12 | 16.67 | 83.33 | 4.7700 | 4.6300 |
| 2019-09 | 14.53 | 85.47 | 5.4500 | 2.6000 |
| 2019-06 | 12.72 | 87.28 | 6.5600 | 3.3100 |
| 2019-03 | 11.75 | 88.25 | 7.0200 | 3.0700 |
| 2018-12 | 11.86 | 88.03 | 6.9500 | 3.3000 |
| 2018-03 | 5.94 | 94.10 | 21.1900 | 16.8600 |
| 2018-06 | 5.60 | 94.45 | 21.6100 | 16.9600 |
| 2018-09 | 5.39 | 94.67 | 22.6600 | 14.8600 |
| 2017-12 | 5.86 | 94.15 | 20.6000 | 14.4300 |
| 2017-09 | 4.95 | 95.05 | 21.7800 | 20.9100 |
| 2017-03 | 4.33 | 95.74 | 26.7900 | 25.8900 |
| 2017-06 | 4.68 | 95.35 | 24.1500 | 23.1300 |
| 2016-12 | 6.24 | 93.82 | 16.4500 | 15.9500 |
| 2016-09 | 4.80 | 95.07 | 24.3400 | 23.1200 |
| 2016-06 | 13.50 | 86.55 | 8.3300 | 7.5500 |
| 2015-12 | 16.38 | 83.46 | 6.7900 | 6.6500 |
| 2016-03 | -- | -- | -- | -- |
| 2013-12 | 11.23 | 88.65 | 10.2400 | 9.9700 |
| 2015-09 | -- | -- | -- | -- |
| 2014-12 | 15.78 | 84.22 | 7.0300 | 6.8500 |
| 2012-12 | 9.12 | 90.81 | 14.9100 | 14.3300 |
| 2011-12 | 17.04 | 82.96 | 7.5300 | 7.2300 |
| 2025-06 | 6.54 | 95.89 | 10.1400 | 9.8600 |
| 2025-09 | 6.09 | 93.89 | 10.8400 | 10.3300 |
| 2026-03 | 7.52 | 92.48 | -- | -- |
| 2025-12 | 7.90 | 92.10 | -- | -- |
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) |
| 2025-03 | 72687900.0000 | 2315100.0000 | 9070900.0000 | -844100.0000 |
| 2024-12 | 340000000.0000 | 13058900.0000 | 46606300.0000 | -328000.0000 |
| 2024-09 | 239000000.0000 | 8539800.0000 | 31459200.0000 | -4522600.0000 |
| 2024-06 | 173000000.0000 | 5633100.0000 | 18716200.0000 | -3141000.0000 |
| 2023-09 | 280000000.0000 | 10183100.0000 | 29369700.0000 | -4392600.0000 |
| 2024-03 | 62885600.0000 | 2582500.0000 | 6048000.0000 | -711500.0000 |
| 2023-12 | 410000000.0000 | 14457400.0000 | 38033500.0000 | 96400.0000 |
| 2023-03 | 79995700.0000 | 3195800.0000 | 6586400.0000 | -1190100.0000 |
| 2023-06 | 193000000.0000 | 6731300.0000 | 19893800.0000 | -3099900.0000 |
| 2022-06 | 150000000.0000 | 5813700.0000 | 17505100.0000 | -2025200.0000 |
| 2022-09 | 213000000.0000 | 9349900.0000 | 22978100.0000 | -5686200.0000 |
| 2022-12 | 310000000.0000 | 15525400.0000 | 38073300.0000 | 465800.0000 |
| 2022-03 | 80742000.0000 | 3980400.0000 | 8492100.0000 | -958400.0000 |
| 2021-12 | 309000000.0000 | 16714900.0000 | 36749900.0000 | 3287300.0000 |
| 2021-09 | 215000000.0000 | 12801500.0000 | 19813800.0000 | 1817300.0000 |
| 2021-06 | 146000000.0000 | 9952500.0000 | 13110400.0000 | 1222500.0000 |
| 2020-12 | 271000000.0000 | 13511900.0000 | 36014500.0000 | 3549300.0000 |
| 2020-09 | 192000000.0000 | 7250500.0000 | 17124200.0000 | 1234300.0000 |
| 2021-03 | 72240800.0000 | 5495700.0000 | 8559600.0000 | 569900.0000 |
| 2020-06 | 132000000.0000 | 5138700.0000 | 11305900.0000 | 1086500.0000 |
| 2020-03 | 59695300.0000 | 2245900.0000 | 4875700.0000 | 536900.0000 |
| 2019-12 | 278000000.0000 | 13802300.0000 | 33718700.0000 | 2759400.0000 |
| 2019-09 | 167000000.0000 | 7329000.0000 | 20004500.0000 | -3341400.0000 |
| 2019-06 | 109000000.0000 | 5452600.0000 | 13657000.0000 | -3180100.0000 |
| 2019-03 | 52776500.0000 | 3181300.0000 | 7657700.0000 | -2185700.0000 |
| 2018-12 | 206000000.0000 | 14739800.0000 | 30408600.0000 | -15023900.0000 |
| 2018-03 | 39248300.0000 | 2651800.0000 | 7511900.0000 | -3815600.0000 |
| 2018-06 | 72991500.0000 | 7189900.0000 | 16809400.0000 | -7817900.0000 |
| 2018-09 | 117000000.0000 | 9258400.0000 | 25752300.0000 | -11143700.0000 |
| 2017-12 | 160000000.0000 | 12881500.0000 | 20843800.0000 | -10121800.0000 |
| 2017-09 | 112000000.0000 | 9247300.0000 | 16713100.0000 | -9259300.0000 |
| 2017-03 | 41152600.0000 | 2477800.0000 | 16410000.0000 | -2661800.0000 |
| 2017-06 | 73889200.0000 | 4344800.0000 | 24031500.0000 | -5234300.0000 |
| 2016-12 | 154000000.0000 | 13858000.0000 | 48393400.0000 | 30500.0000 |
| 2016-09 | 108000000.0000 | 6330700.0000 | 31290500.0000 | -1507600.0000 |
| 2016-06 | 70159500.0000 | 3533100.0000 | 22169200.0000 | -1306600.0000 |
| 2015-12 | 129000000.0000 | 8701800.0000 | 47665100.0000 | -5127100.0000 |
| 2016-03 | 49863000.0000 | 2231100.0000 | 13192200.0000 | -715500.0000 |
| 2013-12 | 97248900.0000 | 13814300.0000 | 35700800.0000 | 1400.0000 |
| 2015-09 | 76009600.0000 | 5316000.0000 | 35540400.0000 | -3100200.0000 |
| 2014-12 | 116000000.0000 | 9697200.0000 | 47252800.0000 | -5242700.0000 |
| 2012-12 | 74399900.0000 | 10155900.0000 | 24504200.0000 | -1486700.0000 |
| 2011-12 | 59325700.0000 | 6384300.0000 | 31957700.0000 | -197400.0000 |
| 2025-06 | 127000000.0000 | 4763300.0000 | 20835900.0000 | -1683900.0000 |
| 2025-09 | 176000000.0000 | 7190600.0000 | 28820100.0000 | -2500900.0000 |
| 2026-03 | 128000000.0000 | 1559100.0000 | 8791100.0000 | 1213500.0000 |
| 2025-12 | 263000000.0000 | 9766300.0000 | 41313100.0000 | 2005700.0000 |