中商官网
研究报告
惠达卫浴（603385）
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) |
| 2012 | 1773000000.0000 | 148000000.0000 | 155000000.0000 | 116000000.0000 | 2900000000.0000 | 1065000000.0000 | 1835000000.0000 |
| 2013 | 1856000000.0000 | 137000000.0000 | 142000000.0000 | 110000000.0000 | 3094000000.0000 | 1170000000.0000 | 1923000000.0000 |
| 2014 | 2093000000.0000 | 176000000.0000 | 191000000.0000 | 159000000.0000 | 3237000000.0000 | 1233000000.0000 | 2004000000.0000 |
| 2015 | 2232000000.0000 | 121000000.0000 | 140000000.0000 | 103000000.0000 | 3111000000.0000 | 1093000000.0000 | 2018000000.0000 |
| 2016 | 2277000000.0000 | 235000000.0000 | 275000000.0000 | 236000000.0000 | 3304000000.0000 | 1211000000.0000 | 2093000000.0000 |
| 2017 | 2748000000.0000 | 294000000.0000 | 297000000.0000 | 254000000.0000 | 4072000000.0000 | 928000000.0000 | 3144000000.0000 |
| 2018 | 2900000000.0000 | 292000000.0000 | 296000000.0000 | 259000000.0000 | 4413000000.0000 | 1098000000.0000 | 3315000000.0000 |
| 2019 | 3210000000.0000 | 420000000.0000 | 419000000.0000 | 346000000.0000 | 4771000000.0000 | 1221000000.0000 | 3550000000.0000 |
| 2020 | 3218000000.0000 | 369000000.0000 | 368000000.0000 | 317000000.0000 | 5650000000.0000 | 1804000000.0000 | 3846000000.0000 |
| 2021 | 3893000000.0000 | 357000000.0000 | 304000000.0000 | 238000000.0000 | 6330000000.0000 | 2279000000.0000 | 4051000000.0000 |
| 2022 | 3419000000.0000 | 147000000.0000 | 159000000.0000 | 122000000.0000 | 5981000000.0000 | 1890000000.0000 | 4091000000.0000 |
| 2023 | 3604000000.0000 | -201000000.0000 | -176000000.0000 | -200000000.0000 | 5844000000.0000 | 2008000000.0000 | 3836000000.0000 |
| 2024 | 3462000000.0000 | 166000000.0000 | 163000000.0000 | 129000000.0000 | 5536000000.0000 | 1644000000.0000 | 3892000000.0000 |
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) |
| 2012 | 8.18 | 8.74 | 5.34 | 8.2700 | 2.3800 | 4.48 | 0.61 |
| 2013 | 6.14 | 7.65 | 4.59 | 5.4200 | 2.3700 | 5.09 | 0.60 |
| 2014 | 8.07 | 9.13 | 5.90 | 7.4800 | 2.4300 | 6.12 | 0.65 |
| 2015 | 7.26 | 6.27 | 4.50 | 4.3700 | 2.6000 | 6.11 | 0.72 |
| 2016 | 7.60 | 12.08 | 8.32 | 10.9400 | 2.5700 | 6.00 | 0.69 |
| 2017 | 7.68 | 10.81 | 7.29 | 8.4800 | 2.9300 | 6.94 | 0.67 |
| 2018 | 6.97 | 10.21 | 6.71 | 7.7900 | 2.9200 | 5.80 | 0.66 |
| 2019 | 10.75 | 13.05 | 8.78 | 10.1000 | 3.0500 | 5.26 | 0.67 |
| 2020 | 9.51 | 11.44 | 6.51 | 8.8300 | 3.0900 | 4.87 | 0.57 |
| 2021 | 5.50 | 7.81 | 4.80 | 6.2300 | 3.0300 | 4.72 | 0.62 |
| 2022 | 2.84 | 4.65 | 2.66 | 3.3100 | 2.2800 | 3.66 | 0.57 |
| 2023 | -8.44 | -4.88 | -3.01 | -5.2200 | 2.4900 | 4.30 | 0.62 |
| 2024 | 2.51 | 4.71 | 2.94 | 3.7400 | 2.5600 | 4.35 | 0.63 |
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 |
| 2012 | 36.72 | 63.28 | 1.4200 | 0.7300 |
| 2013 | 37.82 | 62.15 | 1.4300 | 0.6900 |
| 2014 | 38.09 | 61.91 | 1.3700 | 0.6700 |
| 2015 | 35.13 | 64.87 | 1.4700 | 0.7500 |
| 2016 | 36.65 | 63.35 | 1.4900 | 0.7000 |
| 2017 | 22.79 | 77.21 | 2.9300 | 0.9100 |
| 2018 | 24.88 | 75.12 | 2.3900 | 1.0900 |
| 2019 | 25.59 | 74.41 | 2.6800 | 1.9900 |
| 2020 | 31.93 | 68.07 | 2.2100 | 1.7100 |
| 2021 | 36.00 | 64.00 | 1.9900 | 1.3200 |
| 2022 | 31.60 | 68.40 | 1.6800 | 0.9500 |
| 2023 | 34.36 | 65.64 | 1.3100 | 0.6100 |
| 2024 | 29.70 | 70.30 | 1.9900 | 0.9400 |
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) |
| 2012 | 1628000000.0000 | 81967900.0000 | 178000000.0000 | 25230600.0000 |
| 2013 | 1742000000.0000 | 96698100.0000 | 198000000.0000 | 25549500.0000 |
| 2014 | 1924000000.0000 | 141000000.0000 | 195000000.0000 | 24929900.0000 |
| 2015 | 2070000000.0000 | 164000000.0000 | 204000000.0000 | 30914000.0000 |
| 2016 | 2104000000.0000 | 177000000.0000 | 208000000.0000 | 21853600.0000 |
| 2017 | 2537000000.0000 | 230000000.0000 | 130000000.0000 | 30629500.0000 |
| 2018 | 2698000000.0000 | 288000000.0000 | 173000000.0000 | 7187200.0000 |
| 2019 | 2865000000.0000 | 303000000.0000 | 193000000.0000 | 10741900.0000 |
| 2020 | 2912000000.0000 | 265000000.0000 | 219000000.0000 | 36158400.0000 |
| 2021 | 3679000000.0000 | 323000000.0000 | 287000000.0000 | 30949900.0000 |
| 2022 | 3322000000.0000 | 308000000.0000 | 243000000.0000 | -6929200.0000 |
| 2023 | 3908000000.0000 | 372000000.0000 | 242000000.0000 | 8900100.0000 |
| 2024 | 3375000000.0000 | 389000000.0000 | 234000000.0000 | 1558700.0000 |