中商官网
研究报告
万泰生物（603392）
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 | 2245000000.0000 | -59.26 | 93837700.0000 | -93.30 | 67480800.0000 | -95.16 | 109000000.0000 | -91.26 |
| 2025-03-31 | 401000000.0000 | -46.75 | -55796400.0000 | -143.59 | -57900200.0000 | -145.95 | -54142000.0000 | -141.65 |
| 2024-09-30 | 1948000000.0000 | -60.80 | 264000000.0000 | -86.83 | 246000000.0000 | -87.72 | 270000000.0000 | -85.10 |
| 2024-06-30 | 1366000000.0000 | -67.20 | 273000000.0000 | -85.90 | 258000000.0000 | -86.67 | 264000000.0000 | -84.55 |
| 2023-12-31 | 5511000000.0000 | -50.73 | 1401000000.0000 | -74.96 | 1393000000.0000 | -75.05 | 1247000000.0000 | -74.36 |
| 2024-03-31 | 753000000.0000 | -73.92 | 128000000.0000 | -91.07 | 126000000.0000 | -91.21 | 130000000.0000 | -89.62 |
| 2023-09-30 | 4969000000.0000 | -42.56 | 2005000000.0000 | -57.42 | 2003000000.0000 | -57.44 | 1812000000.0000 | -55.14 |
| 2023-06-30 | 4164000000.0000 | -29.78 | 1936000000.0000 | -40.56 | 1935000000.0000 | -40.57 | 1709000000.0000 | -38.50 |
| 2023-03-31 | 2887000000.0000 | -8.96 | 1434000000.0000 | -12.13 | 1433000000.0000 | -12.14 | 1253000000.0000 | -9.66 |
| 2022-12-31 | 11185000000.0000 | 94.52 | 5596000000.0000 | 140.38 | 5583000000.0000 | 140.23 | 4863000000.0000 | 133.91 |
| 2022-09-30 | 8651000000.0000 | 140.57 | 4709000000.0000 | 244.73 | 4706000000.0000 | 244.51 | 4039000000.0000 | 232.70 |
| 2022-06-30 | 5930000000.0000 | 201.93 | 3257000000.0000 | 296.23 | 3256000000.0000 | 296.11 | 2779000000.0000 | 281.73 |
| 2022-03-31 | 3171000000.0000 | 284.83 | 1632000000.0000 | 384.27 | 1631000000.0000 | 383.98 | 1387000000.0000 | 378.28 |
| 2021-12-31 | 5750000000.0000 | 144.27 | 2328000000.0000 | 200.39 | 2324000000.0000 | 204.19 | 2079000000.0000 | 204.84 |
| 2021-09-30 | 3596000000.0000 | 124.89 | 1366000000.0000 | 143.06 | 1366000000.0000 | 147.91 | 1214000000.0000 | 157.75 |
| 2021-03-31 | 824000000.0000 | 164.95 | 337000000.0000 | 317.81 | 337000000.0000 | 311.49 | 290000000.0000 | 309.75 |
| 2021-06-30 | 1964000000.0000 | 132.70 | 822000000.0000 | 188.42 | 822000000.0000 | 194.62 | 728000000.0000 | 194.74 |
| 2020-09-30 | 1599000000.0000 | 92.65 | 562000000.0000 | 284.93 | 551000000.0000 | 280.00 | 471000000.0000 | 276.80 |
| 2020-12-31 | 2354000000.0000 | 98.82 | 775000000.0000 | 255.50 | 764000000.0000 | 252.07 | 682000000.0000 | 224.76 |
| 2020-03-31 | 311000000.0000 | 23.90 | 80657900.0000 | 78.61 | 81897900.0000 | 81.47 | 70774300.0000 | 77.90 |
| 2019-12-31 | 1184000000.0000 | 20.45 | 218000000.0000 | -24.57 | 217000000.0000 | -25.17 | 210000000.0000 | -28.33 |
| 2020-06-30 | 844000000.0000 | 61.07 | 285000000.0000 | 207.54 | 279000000.0000 | 202.30 | 247000000.0000 | 188.44 |
| 2019-09-30 | 830000000.0000 | -- | 146000000.0000 | -- | 145000000.0000 | -- | 125000000.0000 | -- |
| 2019-06-30 | 524000000.0000 | 15.93 | 92671000.0000 | -23.41 | 92292900.0000 | -23.72 | 85633600.0000 | -22.15 |
| 2018-12-31 | 983000000.0000 | 3.47 | 289000000.0000 | 61.45 | 290000000.0000 | 62.01 | 293000000.0000 | 95.33 |
| 2018-06-30 | 452000000.0000 | -- | 121000000.0000 | -- | 121000000.0000 | -- | 110000000.0000 | -- |
| 2019-03-31 | 251000000.0000 | -- | 45158800.0000 | -- | 45129100.0000 | -- | 39783100.0000 | -- |
| 2016-12-31 | 844000000.0000 | 23.94 | 131000000.0000 | 7.38 | 153000000.0000 | 16.79 | 131000000.0000 | 23.58 |
| 2017-12-31 | 950000000.0000 | 12.56 | 179000000.0000 | 36.64 | 179000000.0000 | 16.99 | 150000000.0000 | 14.50 |
| 2014-12-31 | 596000000.0000 | 19.44 | 115000000.0000 | 19.50 | 134000000.0000 | 30.10 | 118000000.0000 | 47.76 |
| 2013-12-31 | 499000000.0000 | -- | 96231200.0000 | -- | 103000000.0000 | -- | 79859800.0000 | -- |
| 2015-12-31 | 681000000.0000 | 14.26 | 122000000.0000 | 6.09 | 131000000.0000 | -2.24 | 106000000.0000 | -10.17 |
| 2025-06-30 | 844000000.0000 | -38.21 | -139000000.0000 | -150.92 | -146000000.0000 | -156.59 | -145000000.0000 | -154.92 |
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 | -12.07 | 3.01 | 0.46 | 0.8500 | 0.8600 | 0.89 | 0.15 |
| 2025-03 | -28.68 | -14.44 | -0.40 | -0.4300 | 0.1500 | 0.82 | 0.03 |
| 2024-09 | -0.87 | 12.63 | 1.67 | 2.1200 | 0.6300 | 0.96 | 0.13 |
| 2024-06 | 1.98 | 18.89 | 1.72 | 2.0500 | 0.4200 | 0.98 | 0.09 |
| 2023-12 | 21.68 | 25.28 | 8.86 | 9.9700 | 0.8900 | 1.59 | 0.35 |
| 2024-03 | 4.91 | 16.73 | 0.81 | 0.9900 | 0.2300 | 1.03 | 0.05 |
| 2023-09 | 37.07 | 40.31 | 12.17 | 13.7000 | 0.5900 | 1.67 | 0.30 |
| 2023-06 | 44.19 | 46.47 | 11.74 | 12.7000 | 0.4200 | 1.94 | 0.25 |
| 2023-03 | 47.90 | 49.64 | 8.31 | 9.6000 | 0.2600 | 2.54 | 0.17 |
| 2022-12 | 47.62 | 49.92 | 34.40 | 56.1900 | 1.6000 | 3.61 | 0.69 |
| 2022-09 | 53.07 | 54.40 | 30.93 | 59.4100 | 1.3800 | 3.58 | 0.57 |
| 2022-06 | 54.01 | 54.91 | 23.18 | 44.6900 | 1.0100 | 3.75 | 0.42 |
| 2022-03 | 50.84 | 51.43 | 17.89 | 25.9300 | 0.5400 | 4.18 | 0.35 |
| 2021-12 | 38.83 | 40.42 | 32.98 | 55.1500 | 1.6500 | 3.90 | 0.82 |
| 2021-09 | 36.82 | 37.99 | 24.90 | 35.7800 | 1.0600 | 3.71 | 0.66 |
| 2021-03 | 39.68 | 40.90 | 8.63 | 10.7200 | 0.3100 | 4.01 | 0.21 |
| 2021-06 | 40.07 | 41.85 | 18.65 | 25.2300 | 0.6400 | 4.19 | 0.45 |
| 2020-09 | 32.58 | 34.46 | 17.30 | 26.0400 | 1.0400 | 4.88 | 0.50 |
| 2020-12 | 30.29 | 32.46 | 21.80 | 32.1000 | 1.3900 | 4.99 | 0.67 |
| 2020-03 | 21.22 | 26.33 | 3.73 | 4.3800 | 0.3400 | 4.92 | 0.14 |
| 2019-12 | 13.26 | 18.33 | 10.02 | 14.3600 | 1.4500 | 5.42 | 0.55 |
| 2020-06 | 30.33 | 33.06 | 9.86 | 13.2500 | 0.6300 | 5.56 | 0.30 |
| 2019-09 | 13.49 | 17.47 | -- | 8.8500 | -- | -- | -- |
| 2019-06 | 12.98 | 17.61 | -- | 6.1100 | -- | -- | -- |
| 2018-12 | 13.22 | 29.50 | 15.98 | 26.3000 | 1.3500 | 5.23 | 0.54 |
| 2018-06 | 11.28 | 26.77 | 6.66 | 11.6900 | 0.6900 | -- | 0.25 |
| 2019-03 | 15.94 | 17.98 | -- | 2.8900 | -- | -- | -- |
| 2016-12 | 15.52 | 18.13 | 10.52 | 19.4000 | 1.7900 | -- | 0.58 |
| 2017-12 | 13.47 | 18.84 | 10.81 | 15.6000 | 1.7000 | 4.97 | 0.57 |
| 2014-12 | 20.64 | 22.48 | 16.63 | 26.8400 | 1.7500 | 5.30 | 0.74 |
| 2013-12 | 20.44 | 20.64 | 16.97 | 22.8100 | 1.5200 | 4.51 | 0.82 |
| 2015-12 | 18.36 | 19.24 | 11.89 | 20.0900 | 1.8300 | -- | 0.62 |
| 2025-06 | -30.57 | -17.30 | -1.03 | -1.1800 | 0.3700 | 0.88 | 0.06 |
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 | 15.26 | 84.74 | 4.1600 | 3.4700 |
| 2025-03 | 14.35 | 85.65 | 4.1400 | 3.1800 |
| 2024-09 | 14.45 | 85.55 | 4.6100 | 3.7700 |
| 2024-06 | 14.88 | 85.12 | 4.4800 | 3.8100 |
| 2023-12 | 18.01 | 81.99 | 3.8600 | 3.3300 |
| 2024-03 | 16.41 | 83.59 | 4.2000 | 3.6700 |
| 2023-09 | 18.04 | 81.97 | 3.9900 | 3.5200 |
| 2023-06 | 18.74 | 81.26 | 4.1400 | 3.6800 |
| 2023-03 | 20.15 | 79.85 | 3.9400 | 3.5600 |
| 2022-12 | 22.58 | 77.42 | 3.4900 | 3.2100 |
| 2022-09 | 22.80 | 77.19 | 3.5100 | 3.2700 |
| 2022-06 | 23.96 | 76.04 | 3.4000 | 3.1000 |
| 2022-03 | 34.76 | 65.24 | 2.1500 | 1.8300 |
| 2021-12 | 35.24 | 64.75 | 1.9600 | 1.5800 |
| 2021-09 | 32.79 | 67.21 | 2.1000 | 1.5800 |
| 2021-03 | 26.49 | 73.51 | 2.4100 | 1.7700 |
| 2021-06 | 27.38 | 72.64 | 2.3000 | 1.7700 |
| 2020-09 | 25.62 | 74.38 | 2.3600 | 1.8200 |
| 2020-12 | 26.34 | 73.63 | 2.3900 | 1.7900 |
| 2020-03 | 24.75 | 75.30 | 2.0200 | 1.1600 |
| 2019-12 | 26.97 | 73.03 | 1.8000 | 1.2400 |
| 2020-06 | 24.14 | 75.86 | 2.4100 | 1.8300 |
| 2019-09 | -- | -- | -- | -- |
| 2019-06 | -- | -- | -- | -- |
| 2018-12 | 24.46 | 75.48 | 2.5300 | 1.8300 |
| 2018-06 | 34.58 | 65.36 | 2.1300 | 1.5800 |
| 2019-03 | -- | -- | -- | -- |
| 2016-12 | 34.04 | 66.02 | 1.5500 | 1.1700 |
| 2017-12 | 45.71 | 54.29 | 1.3300 | 0.9500 |
| 2014-12 | 27.92 | 71.96 | 2.9700 | 2.4100 |
| 2013-12 | 37.07 | 62.93 | 2.0500 | 1.5000 |
| 2015-12 | 34.39 | 65.61 | 1.9300 | 1.5500 |
| 2025-06 | 13.61 | 86.38 | -- | 3.3100 |
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 | 2516000000.0000 | 438000000.0000 | 347000000.0000 | -25056800.0000 |
| 2025-03 | 516000000.0000 | 103000000.0000 | 92912800.0000 | -6248800.0000 |
| 2024-09 | 1965000000.0000 | 444000000.0000 | 238000000.0000 | -41812600.0000 |
| 2024-06 | 1339000000.0000 | 315000000.0000 | 154000000.0000 | -37407300.0000 |
| 2023-12 | 4316000000.0000 | 1595000000.0000 | 353000000.0000 | -758800.0000 |
| 2024-03 | 716000000.0000 | 204000000.0000 | 74995400.0000 | -18781100.0000 |
| 2023-09 | 3127000000.0000 | 1511000000.0000 | 197000000.0000 | -62195800.0000 |
| 2023-06 | 2324000000.0000 | 1279000000.0000 | 121000000.0000 | -47442500.0000 |
| 2023-03 | 1504000000.0000 | 908000000.0000 | 58575600.0000 | -15429200.0000 |
| 2022-12 | 5859000000.0000 | 3254000000.0000 | 235000000.0000 | -18592700.0000 |
| 2022-09 | 4060000000.0000 | 2515000000.0000 | 150000000.0000 | -51751900.0000 |
| 2022-06 | 2727000000.0000 | 1634000000.0000 | 101000000.0000 | 4760200.0000 |
| 2022-03 | 1559000000.0000 | 976000000.0000 | 48685200.0000 | 6105200.0000 |
| 2021-12 | 3517000000.0000 | 1690000000.0000 | 182000000.0000 | 9806100.0000 |
| 2021-09 | 2272000000.0000 | 1082000000.0000 | 125000000.0000 | -971000.0000 |
| 2021-03 | 497000000.0000 | 238000000.0000 | 33851100.0000 | -1579800.0000 |
| 2021-06 | 1177000000.0000 | 559000000.0000 | 79270900.0000 | 1831500.0000 |
| 2020-09 | 1078000000.0000 | 449000000.0000 | 82325400.0000 | 569800.0000 |
| 2020-12 | 1641000000.0000 | 691000000.0000 | 116000000.0000 | 12860200.0000 |
| 2020-03 | 245000000.0000 | 73490100.0000 | 35325400.0000 | 427700.0000 |
| 2019-12 | 1027000000.0000 | 333000000.0000 | 172000000.0000 | -6812200.0000 |
| 2020-06 | 588000000.0000 | 210000000.0000 | 51646400.0000 | 699300.0000 |
| 2019-09 | 718000000.0000 | 228000000.0000 | 127000000.0000 | -10093600.0000 |
| 2019-06 | 456000000.0000 | 145000000.0000 | 80273500.0000 | -5530100.0000 |
| 2018-12 | 853000000.0000 | 266000000.0000 | 154000000.0000 | 1183000.0000 |
| 2018-06 | 401000000.0000 | 126000000.0000 | 66607900.0000 | 2779900.0000 |
| 2019-03 | 211000000.0000 | 64356900.0000 | 37164300.0000 | -1174000.0000 |
| 2016-12 | 713000000.0000 | 252000000.0000 | 96680100.0000 | -5415300.0000 |
| 2017-12 | 822000000.0000 | 266000000.0000 | 93881600.0000 | 2601900.0000 |
| 2014-12 | 473000000.0000 | 171000000.0000 | 153000000.0000 | -752300.0000 |
| 2013-12 | 397000000.0000 | 151000000.0000 | 118000000.0000 | -778600.0000 |
| 2015-12 | 556000000.0000 | 191000000.0000 | 77443700.0000 | -5994900.0000 |
| 2025-06 | 1102000000.0000 | 217000000.0000 | 193000000.0000 | 3408000.0000 |