中商官网
研究报告
伯特利（603596）
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 | 2638000000.0000 | 41.83 | 306000000.0000 | 26.45 | 307000000.0000 | 27.39 | 268000000.0000 | 27.62 |
| 2024-12-31 | 9937000000.0000 | 32.95 | 1363000000.0000 | 34.29 | 1395000000.0000 | 37.17 | 1222000000.0000 | 34.14 |
| 2024-06-30 | 3971000000.0000 | 28.35 | 530000000.0000 | 28.02 | 529000000.0000 | 27.47 | 461000000.0000 | 27.00 |
| 2024-09-30 | 6578000000.0000 | 28.85 | 866000000.0000 | 26.98 | 899000000.0000 | 31.63 | 788000000.0000 | 29.61 |
| 2024-03-31 | 1860000000.0000 | 24.00 | 242000000.0000 | 21.61 | 241000000.0000 | 21.11 | 210000000.0000 | 20.00 |
| 2023-09-30 | 5105000000.0000 | 38.57 | 682000000.0000 | 32.68 | 683000000.0000 | 28.87 | 608000000.0000 | 26.93 |
| 2023-12-31 | 7474000000.0000 | 34.93 | 1015000000.0000 | 35.70 | 1017000000.0000 | 33.29 | 911000000.0000 | 29.96 |
| 2023-03-31 | 1500000000.0000 | 47.93 | 199000000.0000 | 28.39 | 199000000.0000 | 28.39 | 175000000.0000 | 26.81 |
| 2023-06-30 | 3094000000.0000 | 46.36 | 414000000.0000 | 40.82 | 415000000.0000 | 33.44 | 363000000.0000 | 29.64 |
| 2022-12-31 | 5539000000.0000 | 58.62 | 748000000.0000 | 30.09 | 763000000.0000 | 32.47 | 701000000.0000 | 33.02 |
| 2022-09-30 | 3684000000.0000 | 58.25 | 514000000.0000 | 16.03 | 530000000.0000 | 18.83 | 479000000.0000 | 22.19 |
| 2021-12-31 | 3492000000.0000 | 14.79 | 575000000.0000 | 1.77 | 576000000.0000 | 2.13 | 527000000.0000 | 7.11 |
| 2022-03-31 | 1014000000.0000 | 29.01 | 155000000.0000 | -9.88 | 155000000.0000 | -9.88 | 138000000.0000 | -7.38 |
| 2022-06-30 | 2114000000.0000 | 37.18 | 294000000.0000 | -1.01 | 311000000.0000 | 3.67 | 280000000.0000 | 6.06 |
| 2021-09-30 | 2328000000.0000 | 14.96 | 443000000.0000 | 12.15 | 446000000.0000 | 12.91 | 392000000.0000 | 15.63 |
| 2021-06-30 | 1541000000.0000 | 32.73 | 297000000.0000 | 33.18 | 300000000.0000 | 34.53 | 264000000.0000 | 38.95 |
| 2021-03-31 | 786000000.0000 | 32.32 | 172000000.0000 | 28.36 | 172000000.0000 | 28.36 | 149000000.0000 | 28.45 |
| 2020-12-31 | 3042000000.0000 | -3.64 | 565000000.0000 | 6.81 | 564000000.0000 | 6.82 | 492000000.0000 | 7.89 |
| 2020-06-30 | 1161000000.0000 | -11.37 | 223000000.0000 | -12.20 | 223000000.0000 | -12.20 | 190000000.0000 | -12.44 |
| 2020-03-31 | 594000000.0000 | -7.33 | 134000000.0000 | -15.19 | 134000000.0000 | -15.19 | 116000000.0000 | -12.78 |
| 2020-09-30 | 2025000000.0000 | -4.53 | 395000000.0000 | -3.19 | 395000000.0000 | -3.19 | 339000000.0000 | -2.31 |
| 2019-12-31 | 3157000000.0000 | 21.33 | 529000000.0000 | 51.58 | 528000000.0000 | 51.29 | 456000000.0000 | 50.99 |
| 2019-09-30 | 2121000000.0000 | 11.40 | 408000000.0000 | 30.77 | 408000000.0000 | 30.77 | 347000000.0000 | 30.45 |
| 2019-06-30 | 1310000000.0000 | -0.08 | 254000000.0000 | 23.30 | 254000000.0000 | 22.71 | 217000000.0000 | 22.60 |
| 2019-03-31 | 641000000.0000 | -5.87 | 158000000.0000 | 32.77 | 158000000.0000 | 32.77 | 133000000.0000 | 30.39 |
| 2018-12-31 | 2602000000.0000 | 7.57 | 349000000.0000 | -8.40 | 349000000.0000 | -8.16 | 302000000.0000 | -6.50 |
| 2018-09-30 | 1904000000.0000 | 19.15 | 312000000.0000 | 22.35 | 312000000.0000 | 21.88 | 266000000.0000 | 20.91 |
| 2017-12-31 | 2419000000.0000 | 9.36 | 381000000.0000 | 5.25 | 380000000.0000 | 2.15 | 323000000.0000 | 0.94 |
| 2018-06-30 | 1311000000.0000 | 24.62 | 206000000.0000 | 19.08 | 207000000.0000 | 18.97 | 177000000.0000 | 19.59 |
| 2018-03-31 | 681000000.0000 | 10.37 | 119000000.0000 | 33.66 | 119000000.0000 | 34.90 | 102000000.0000 | 36.82 |
| 2017-09-30 | 1598000000.0000 | -- | 255000000.0000 | -- | 256000000.0000 | -- | 220000000.0000 | -- |
| 2017-06-30 | 1052000000.0000 | 35.39 | 173000000.0000 | 39.52 | 174000000.0000 | 38.10 | 148000000.0000 | 43.69 |
| 2016-12-31 | 2212000000.0000 | 50.37 | 362000000.0000 | 86.60 | 372000000.0000 | 86.93 | 320000000.0000 | 81.82 |
| 2017-03-31 | 617000000.0000 | -- | 89028700.0000 | -- | 88212800.0000 | -- | 74548700.0000 | -- |
| 2016-06-30 | 777000000.0000 | 12.77 | 124000000.0000 | 39.42 | 126000000.0000 | 40.32 | 103000000.0000 | 31.48 |
| 2015-12-31 | 1471000000.0000 | 83.88 | 194000000.0000 | 217.91 | 199000000.0000 | 196.33 | 176000000.0000 | 198.19 |
| 2013-12-31 | 442000000.0000 | -- | 28514600.0000 | -- | 35091500.0000 | -- | 29485900.0000 | -- |
| 2014-12-31 | 800000000.0000 | 81.00 | 61023300.0000 | 114.01 | 67154400.0000 | 91.37 | 59022700.0000 | 100.17 |
| 2015-06-30 | 689000000.0000 | -- | 88937400.0000 | -- | 89796800.0000 | -- | 78341700.0000 | -- |
| 2025-06-30 | 5164000000.0000 | 30.04 | 606000000.0000 | 14.34 | 606000000.0000 | 14.56 | 525000000.0000 | 13.88 |
| 2025-09-30 | 8357000000.0000 | 27.04 | 1043000000.0000 | 20.44 | 1042000000.0000 | 15.91 | 900000000.0000 | 14.21 |
| 2026-03-31 | 2674000000.0000 | 1.36 | 307000000.0000 | 0.33 | 307000000.0000 | 0.00 | 269000000.0000 | 0.37 |
| 2025-12-31 | 12014000000.0000 | 20.90 | 1533000000.0000 | 12.47 | 1529000000.0000 | 9.61 | 1321000000.0000 | 8.10 |
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 | 10.80 | 11.64 | 2.41 | 4.0400 | 1.4500 | 3.11 | 0.21 |
| 2024-12 | 11.62 | 14.04 | 10.91 | 19.2300 | 6.3800 | 3.37 | 0.78 |
| 2024-06 | 10.95 | 13.32 | 4.93 | 7.8100 | 2.9300 | 3.19 | 0.37 |
| 2024-09 | 10.92 | 13.67 | 7.91 | 13.0800 | 4.5500 | 3.11 | 0.58 |
| 2024-03 | 11.13 | 12.96 | 2.20 | 3.6200 | 1.3900 | 3.14 | 0.17 |
| 2023-09 | 11.91 | 13.38 | 6.98 | 13.3200 | 4.2800 | 3.08 | 0.52 |
| 2023-12 | 12.44 | 13.61 | 9.46 | 18.9000 | 5.9800 | 3.49 | 0.70 |
| 2023-03 | 11.60 | 13.27 | 2.25 | 4.0100 | 1.2500 | 3.17 | 0.17 |
| 2023-06 | 11.96 | 13.41 | 4.61 | 8.1300 | 2.5600 | 3.14 | 0.34 |
| 2022-12 | 11.66 | 13.78 | 8.82 | 18.1100 | 6.4900 | 3.78 | 0.64 |
| 2022-09 | 11.70 | 14.39 | 6.62 | 12.8500 | 4.6800 | 3.90 | 0.46 |
| 2021-12 | 13.83 | 16.49 | 9.21 | 16.2100 | 7.0900 | 3.45 | 0.56 |
| 2022-03 | 12.23 | 15.29 | 2.41 | 3.8900 | 1.7700 | 3.87 | 0.16 |
| 2022-06 | 10.93 | 14.71 | 4.18 | 7.7700 | 3.0400 | 3.41 | 0.28 |
| 2021-09 | 16.49 | 19.16 | 7.51 | 12.4700 | 4.7900 | 3.25 | 0.39 |
| 2021-06 | 16.94 | 19.47 | 6.14 | 8.3700 | 3.4800 | 3.26 | 0.32 |
| 2021-03 | 18.07 | 21.88 | 3.62 | 4.6300 | 1.8600 | 3.08 | 0.17 |
| 2020-12 | 16.44 | 18.54 | 12.07 | 18.6900 | 6.7700 | 3.00 | 0.65 |
| 2020-06 | 16.28 | 19.21 | 5.36 | 7.1800 | 2.5200 | 2.55 | 0.28 |
| 2020-03 | 20.20 | 22.56 | 3.17 | 4.5400 | 1.2200 | 2.54 | 0.14 |
| 2020-09 | 17.43 | 19.51 | 9.23 | 12.5300 | 4.7000 | 2.75 | 0.47 |
| 2019-12 | 14.82 | 16.72 | 12.20 | 19.1600 | 6.8700 | 3.68 | 0.73 |
| 2019-09 | 16.12 | 19.24 | 10.27 | 14.8400 | 4.6600 | 3.53 | 0.53 |
| 2019-06 | 14.89 | 19.39 | 6.59 | 9.5300 | 2.9400 | 3.46 | 0.34 |
| 2019-03 | 17.00 | 24.65 | 4.31 | 5.9400 | 1.3500 | 3.41 | 0.18 |
| 2018-12 | 12.11 | 13.41 | 9.72 | 19.0600 | 6.2700 | 3.37 | 0.72 |
| 2018-09 | 15.44 | 16.39 | 8.73 | 14.7700 | 4.2700 | 3.17 | 0.53 |
| 2017-12 | 15.17 | 15.71 | 13.76 | 29.0200 | 7.7500 | 2.80 | 0.88 |
| 2018-06 | 14.57 | 15.79 | 5.83 | 11.0100 | 3.2400 | 3.22 | 0.37 |
| 2018-03 | 16.45 | 17.47 | 4.03 | 7.6000 | 1.6500 | 3.25 | 0.23 |
| 2017-09 | 15.52 | 16.02 | -- | 20.2100 | -- | -- | -- |
| 2017-06 | 15.87 | 16.54 | 7.41 | 14.0100 | 3.9700 | 2.88 | 0.45 |
| 2016-12 | 16.18 | 16.82 | 16.56 | 39.5900 | 8.6500 | 3.07 | 0.98 |
| 2017-03 | 13.78 | 14.30 | -- | -- | -- | -- | -- |
| 2016-06 | 15.70 | 16.22 | 7.93 | 14.6400 | 2.8500 | 3.52 | 0.49 |
| 2015-12 | 13.12 | 13.53 | 13.92 | 42.8000 | 7.4000 | 3.87 | 1.03 |
| 2013-12 | 6.56 | 7.94 | 6.00 | 14.2700 | 6.6600 | 3.32 | 0.76 |
| 2014-12 | 7.50 | 8.39 | 6.74 | 21.6000 | 7.3800 | 4.54 | 0.80 |
| 2015-06 | 12.92 | 13.03 | 7.44 | 22.7300 | 3.8400 | 4.92 | 0.57 |
| 2025-06 | 10.50 | 11.74 | 4.65 | 7.6100 | 2.6800 | 3.09 | 0.40 |
| 2025-09 | 10.79 | 12.47 | 6.39 | 12.5200 | 4.3500 | 3.16 | 0.51 |
| 2026-03 | 9.72 | 11.48 | 1.77 | -- | -- | -- | 0.15 |
| 2025-12 | 11.01 | 12.73 | 8.85 | -- | -- | -- | 0.70 |
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 | 43.44 | 56.56 | 1.8300 | 1.4600 |
| 2024-12 | 45.72 | 54.28 | 1.7400 | 1.4100 |
| 2024-06 | 41.16 | 58.84 | 1.9400 | 1.6100 |
| 2024-09 | 41.98 | 58.01 | 1.8900 | 1.5500 |
| 2024-03 | 42.52 | 57.48 | 1.8700 | 1.5700 |
| 2023-09 | 48.12 | 51.88 | 1.9400 | 1.6200 |
| 2023-12 | 43.67 | 56.33 | 1.8200 | 1.5400 |
| 2023-03 | 46.32 | 53.68 | 2.1000 | 1.7400 |
| 2023-06 | 46.53 | 53.47 | 2.0900 | 1.7300 |
| 2022-12 | 47.18 | 52.82 | 2.1300 | 1.7900 |
| 2022-09 | 47.45 | 52.55 | 2.1700 | 1.8300 |
| 2021-12 | 44.08 | 55.92 | 2.8000 | 2.5200 |
| 2022-03 | 43.83 | 56.17 | 2.7800 | 2.4600 |
| 2022-06 | 46.77 | 53.23 | 2.3100 | 1.9900 |
| 2021-09 | 44.08 | 55.94 | 2.8800 | 2.3500 |
| 2021-06 | 37.89 | 62.11 | 2.2900 | 1.9600 |
| 2021-03 | 34.90 | 65.10 | 2.5100 | 2.2700 |
| 2020-12 | 36.99 | 63.01 | 2.4000 | 2.1500 |
| 2020-06 | 37.09 | 62.91 | 2.3800 | 2.0600 |
| 2020-03 | 39.01 | 60.99 | 2.2100 | 1.9200 |
| 2020-09 | 35.25 | 64.75 | 2.5400 | 2.2700 |
| 2019-12 | 43.10 | 56.90 | 2.0300 | 1.7800 |
| 2019-09 | 40.80 | 59.20 | 2.2000 | 1.9200 |
| 2019-06 | 41.20 | 58.80 | 2.2100 | 1.9200 |
| 2019-03 | 39.92 | 60.08 | 2.2700 | 1.9600 |
| 2018-12 | 42.46 | 57.54 | 2.1100 | 1.6100 |
| 2018-09 | 43.21 | 56.76 | 2.1500 | 1.4100 |
| 2017-12 | 55.94 | 44.10 | 1.5100 | 1.2800 |
| 2018-06 | 45.42 | 54.58 | 2.0300 | 1.5400 |
| 2018-03 | 55.21 | 44.79 | 1.5900 | 1.3300 |
| 2017-09 | -- | -- | -- | -- |
| 2017-06 | 54.81 | 45.19 | 1.6000 | 1.3900 |
| 2016-12 | 59.44 | 40.56 | 1.3700 | 1.1900 |
| 2017-03 | -- | -- | -- | -- |
| 2016-06 | 54.88 | 45.12 | 1.4400 | 1.1400 |
| 2015-12 | 63.78 | 36.22 | 1.2300 | 0.9900 |
| 2013-12 | 56.75 | 43.08 | 1.3300 | 1.0700 |
| 2014-12 | 66.67 | 33.33 | 1.1400 | 0.9300 |
| 2015-06 | 67.61 | 32.39 | 1.1500 | 0.9200 |
| 2025-06 | 43.66 | 56.34 | 1.7900 | 1.3700 |
| 2025-09 | 51.30 | 48.71 | 2.3600 | 1.9600 |
| 2026-03 | 50.00 | 50.00 | -- | -- |
| 2025-12 | 0.00 | 0.00 | -- | -- |
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 | 2353000000.0000 | 10854400.0000 | 67316600.0000 | -11772700.0000 |
| 2024-12 | 8782000000.0000 | 39888600.0000 | 237000000.0000 | -60143500.0000 |
| 2024-06 | 3536000000.0000 | 40340000.0000 | 101000000.0000 | -29272200.0000 |
| 2024-09 | 5860000000.0000 | 65148600.0000 | 162000000.0000 | -29061800.0000 |
| 2024-03 | 1653000000.0000 | 18919400.0000 | 46891400.0000 | -12346500.0000 |
| 2023-09 | 4497000000.0000 | 55429100.0000 | 132000000.0000 | -26246100.0000 |
| 2023-12 | 6544000000.0000 | 83524500.0000 | 175000000.0000 | -31940000.0000 |
| 2023-03 | 1326000000.0000 | 15254900.0000 | 38878500.0000 | -2106200.0000 |
| 2023-06 | 2724000000.0000 | 32990800.0000 | 87767200.0000 | -16836700.0000 |
| 2022-12 | 4893000000.0000 | 58575800.0000 | 127000000.0000 | -23448700.0000 |
| 2022-09 | 3253000000.0000 | 42479000.0000 | 90455900.0000 | -28560600.0000 |
| 2021-12 | 3009000000.0000 | 28225400.0000 | 82432200.0000 | -12206500.0000 |
| 2022-03 | 890000000.0000 | 9925000.0000 | 21049100.0000 | -3037800.0000 |
| 2022-06 | 1883000000.0000 | 22989000.0000 | 51639300.0000 | -16954600.0000 |
| 2021-09 | 1944000000.0000 | 17634900.0000 | 55688700.0000 | -10602100.0000 |
| 2021-06 | 1280000000.0000 | 12473800.0000 | 37617800.0000 | -12216600.0000 |
| 2021-03 | 644000000.0000 | 4968500.0000 | 18185300.0000 | -9014900.0000 |
| 2020-12 | 2542000000.0000 | 26874400.0000 | 79560900.0000 | -12092100.0000 |
| 2020-06 | 972000000.0000 | 23440200.0000 | 42075300.0000 | -15161100.0000 |
| 2020-03 | 474000000.0000 | 13383100.0000 | 17400200.0000 | -6265600.0000 |
| 2020-09 | 1672000000.0000 | 41157400.0000 | 59926400.0000 | -22454800.0000 |
| 2019-12 | 2689000000.0000 | 72388200.0000 | 68560500.0000 | -17144200.0000 |
| 2019-09 | 1779000000.0000 | 43314700.0000 | 42066200.0000 | -5106200.0000 |
| 2019-06 | 1115000000.0000 | 25289300.0000 | 26192000.0000 | 1543800.0000 |
| 2019-03 | 532000000.0000 | 12239300.0000 | 13416300.0000 | -120000.0000 |
| 2018-12 | 2287000000.0000 | 55699300.0000 | 57614200.0000 | 10884200.0000 |
| 2018-09 | 1610000000.0000 | 39520200.0000 | 34292800.0000 | 3507500.0000 |
| 2017-12 | 2052000000.0000 | 43727700.0000 | 46665700.0000 | 8412600.0000 |
| 2018-06 | 1120000000.0000 | 27158100.0000 | 24969200.0000 | 6132800.0000 |
| 2018-03 | 569000000.0000 | 17941500.0000 | 12934000.0000 | 1282700.0000 |
| 2017-09 | 1350000000.0000 | 30048500.0000 | 32689300.0000 | 6169700.0000 |
| 2017-06 | 885000000.0000 | 20938500.0000 | 61527700.0000 | 5132100.0000 |
| 2016-12 | 1854000000.0000 | 39719700.0000 | 115000000.0000 | 1545300.0000 |
| 2017-03 | 532000000.0000 | 16021200.0000 | 34564000.0000 | 3409200.0000 |
| 2016-06 | 655000000.0000 | 27614700.0000 | 47040500.0000 | 2723100.0000 |
| 2015-12 | 1278000000.0000 | 49488500.0000 | 76137700.0000 | 4225000.0000 |
| 2013-12 | 413000000.0000 | 11816000.0000 | 41360000.0000 | -1222200.0000 |
| 2014-12 | 740000000.0000 | 29219300.0000 | 68315000.0000 | 1846700.0000 |
| 2015-06 | 600000000.0000 | 29296900.0000 | 33675100.0000 | 1533800.0000 |
| 2025-06 | 4622000000.0000 | 25606500.0000 | 135000000.0000 | -26828900.0000 |
| 2025-09 | 7455000000.0000 | 39870600.0000 | 217000000.0000 | -13613100.0000 |
| 2026-03 | 2414000000.0000 | 14913600.0000 | 73206600.0000 | 39904700.0000 |
| 2025-12 | 10691000000.0000 | 60294800.0000 | 303000000.0000 | 8291100.0000 |