中商官网
研究报告
畅联股份（603648）
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 （%) |
| 2024-09-30 | 1273000000.0000 | 4.95 | 136000000.0000 | -5.56 | 142000000.0000 | -1.39 | 120000000.0000 | -4.00 |
| 2025-03-31 | 348000000.0000 | -17.73 | 41773300.0000 | -18.74 | 41694800.0000 | -19.07 | 33747200.0000 | -21.51 |
| 2024-12-31 | 1519000000.0000 | -6.92 | 160000000.0000 | -10.11 | 166000000.0000 | -7.26 | 139000000.0000 | -12.03 |
| 2024-06-30 | 829000000.0000 | 3.37 | 95031800.0000 | -2.05 | 101000000.0000 | 5.07 | 84157800.0000 | 1.24 |
| 2024-03-31 | 423000000.0000 | 4.70 | 51405000.0000 | -9.79 | 51522200.0000 | -9.98 | 42993700.0000 | -11.50 |
| 2023-12-31 | 1632000000.0000 | -0.37 | 178000000.0000 | -6.81 | 179000000.0000 | -6.77 | 158000000.0000 | -4.24 |
| 2023-09-30 | 1213000000.0000 | -0.66 | 144000000.0000 | -0.69 | 144000000.0000 | -1.37 | 125000000.0000 | 5.93 |
| 2023-03-31 | 404000000.0000 | 1.00 | 56980800.0000 | -11.22 | 57236600.0000 | -10.94 | 48578900.0000 | -4.94 |
| 2023-06-30 | 802000000.0000 | 6.37 | 97016100.0000 | 9.06 | 96124200.0000 | 7.98 | 83128200.0000 | 16.16 |
| 2022-12-31 | 1638000000.0000 | 2.82 | 191000000.0000 | 4.37 | 192000000.0000 | 3.78 | 165000000.0000 | 10.74 |
| 2022-09-30 | 1221000000.0000 | 2.43 | 145000000.0000 | 1.40 | 146000000.0000 | 2.10 | 118000000.0000 | 1.72 |
| 2022-06-30 | 754000000.0000 | -5.99 | 88958300.0000 | -7.18 | 89024300.0000 | -7.41 | 71564300.0000 | -7.16 |
| 2021-12-31 | 1593000000.0000 | 5.01 | 183000000.0000 | 33.58 | 185000000.0000 | 32.14 | 149000000.0000 | 33.04 |
| 2022-03-31 | 400000000.0000 | 1.01 | 64181000.0000 | 15.18 | 64268400.0000 | 15.16 | 51105200.0000 | 12.71 |
| 2021-06-30 | 802000000.0000 | -0.87 | 95839800.0000 | 34.21 | 96153400.0000 | 32.56 | 77080800.0000 | 34.01 |
| 2021-09-30 | 1192000000.0000 | 2.67 | 143000000.0000 | 30.00 | 143000000.0000 | 27.68 | 116000000.0000 | 30.55 |
| 2021-03-31 | 396000000.0000 | 22.60 | 55721300.0000 | 20.81 | 55809000.0000 | 21.15 | 45341300.0000 | 27.68 |
| 2020-12-31 | 1517000000.0000 | 17.14 | 137000000.0000 | -2.14 | 140000000.0000 | -3.45 | 112000000.0000 | -4.27 |
| 2020-06-30 | 809000000.0000 | 27.00 | 71410300.0000 | 7.71 | 72533700.0000 | 3.33 | 57519800.0000 | -0.77 |
| 2020-03-31 | 323000000.0000 | -0.92 | 46122300.0000 | 2.92 | 46065500.0000 | -4.78 | 35510700.0000 | -6.78 |
| 2020-09-30 | 1161000000.0000 | 20.44 | 110000000.0000 | 4.76 | 112000000.0000 | 1.82 | 88856400.0000 | -0.33 |
| 2019-12-31 | 1295000000.0000 | 5.03 | 140000000.0000 | -20.45 | 145000000.0000 | -23.28 | 117000000.0000 | -17.61 |
| 2019-09-30 | 964000000.0000 | 4.78 | 105000000.0000 | -30.92 | 110000000.0000 | -33.33 | 89151900.0000 | -28.68 |
| 2019-03-31 | 326000000.0000 | 4.82 | 44813300.0000 | -35.61 | 48380200.0000 | -30.97 | 38091700.0000 | -26.67 |
| 2019-06-30 | 637000000.0000 | 7.60 | 66296900.0000 | -35.00 | 70197100.0000 | -38.96 | 57967500.0000 | -32.66 |
| 2018-09-30 | 920000000.0000 | 3.95 | 152000000.0000 | -3.18 | 165000000.0000 | 3.13 | 125000000.0000 | 4.17 |
| 2018-12-31 | 1233000000.0000 | 7.12 | 176000000.0000 | -3.83 | 189000000.0000 | 1.07 | 142000000.0000 | 2.90 |
| 2018-06-30 | 592000000.0000 | -0.67 | 102000000.0000 | -5.56 | 115000000.0000 | 5.50 | 86078200.0000 | 6.10 |
| 2018-03-31 | 311000000.0000 | -5.47 | 69597600.0000 | -5.61 | 70086400.0000 | -6.06 | 51948800.0000 | -5.76 |
| 2017-12-31 | 1151000000.0000 | -1.46 | 183000000.0000 | 15.82 | 187000000.0000 | 6.86 | 138000000.0000 | 6.15 |
| 2017-06-30 | 596000000.0000 | 3.11 | 108000000.0000 | 18.05 | 109000000.0000 | 9.77 | 81125600.0000 | -- |
| 2017-09-30 | 885000000.0000 | -2.10 | 157000000.0000 | 12.95 | 160000000.0000 | 3.23 | 120000000.0000 | 4.35 |
| 2017-03-31 | 329000000.0000 | -- | 73737300.0000 | -- | 74608500.0000 | -- | 55126400.0000 | -- |
| 2016-12-31 | 1168000000.0000 | -2.83 | 158000000.0000 | 3.95 | 175000000.0000 | 7.36 | 130000000.0000 | 9.24 |
| 2016-06-30 | 578000000.0000 | -0.69 | 91489900.0000 | 12.73 | 99302500.0000 | 20.87 | -- | -100.00 |
| 2016-09-30 | 904000000.0000 | -- | 139000000.0000 | -- | 155000000.0000 | -- | 115000000.0000 | -- |
| 2015-12-31 | 1202000000.0000 | 13.93 | 152000000.0000 | 16.92 | 163000000.0000 | 13.19 | 119000000.0000 | 13.33 |
| 2015-06-30 | 582000000.0000 | -- | 81158600.0000 | -- | 82156300.0000 | -- | 59799200.0000 | -- |
| 2014-12-31 | 1055000000.0000 | 2.63 | 130000000.0000 | 8.33 | 144000000.0000 | 14.29 | 105000000.0000 | 12.47 |
| 2013-12-31 | 1028000000.0000 | 3.52 | 120000000.0000 | 21.52 | 126000000.0000 | 20.00 | 93360500.0000 | 20.17 |
| 2012-12-31 | 993000000.0000 | -- | 98752300.0000 | -- | 105000000.0000 | -- | 77692800.0000 | -- |
| 2025-06-30 | 739000000.0000 | -10.86 | 86291600.0000 | -9.20 | 86365500.0000 | -14.49 | 72160600.0000 | -14.26 |
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) |
| 2024-09 | 9.43 | 11.15 | 5.91 | 6.0500 | 18.5200 | 6.69 | 0.53 |
| 2025-03 | 8.91 | 11.98 | 1.71 | 1.7000 | 15.0100 | 5.42 | 0.14 |
| 2024-12 | 9.94 | 10.93 | 6.46 | 7.0900 | 26.0500 | 6.05 | 0.59 |
| 2024-06 | 10.25 | 12.18 | 4.21 | 4.2500 | 11.9600 | 6.81 | 0.35 |
| 2024-03 | 10.40 | 12.18 | 2.10 | 2.1700 | 5.5200 | 6.82 | 0.17 |
| 2023-12 | 7.97 | 10.97 | 7.12 | 8.3600 | 21.9300 | 6.45 | 0.65 |
| 2023-09 | 9.23 | 11.87 | 5.86 | 6.5500 | 18.4100 | 6.49 | 0.49 |
| 2023-03 | 10.40 | 14.17 | 2.37 | 2.5200 | 6.9000 | 6.43 | 0.17 |
| 2023-06 | 9.23 | 11.99 | 3.93 | 4.2800 | 14.2600 | 6.33 | 0.33 |
| 2022-12 | 8.49 | 11.72 | 8.38 | 8.9900 | 29.6500 | 6.68 | 0.71 |
| 2022-09 | 8.68 | 11.96 | 6.55 | 6.4300 | 19.4200 | 6.45 | 0.55 |
| 2022-06 | 8.62 | 11.81 | 3.85 | 3.8900 | 12.7400 | 6.28 | 0.33 |
| 2021-12 | 9.17 | 11.61 | 7.99 | 8.1700 | 32.0200 | 8.09 | 0.69 |
| 2022-03 | 12.50 | 16.07 | 2.83 | 2.7600 | 6.8200 | 6.50 | 0.18 |
| 2021-06 | 10.22 | 11.99 | 4.24 | 4.2300 | 17.1800 | 8.12 | 0.35 |
| 2021-09 | 9.48 | 12.00 | 6.34 | 6.4200 | 23.7600 | 8.51 | 0.53 |
| 2021-03 | 12.37 | 14.09 | 2.67 | 2.4800 | 8.2800 | 8.83 | 0.19 |
| 2020-12 | 7.32 | 9.23 | 7.14 | 6.4800 | 32.9900 | 8.17 | 0.77 |
| 2020-06 | 7.05 | 8.97 | 3.67 | 3.3500 | 20.2800 | 8.91 | 0.41 |
| 2020-03 | 11.46 | 14.26 | 2.34 | 2.0800 | 7.8900 | 6.45 | 0.16 |
| 2020-09 | 7.84 | 9.65 | 5.69 | 5.1300 | 25.3000 | 8.38 | 0.59 |
| 2019-12 | 8.73 | 11.20 | 7.40 | 7.1400 | 39.4300 | 6.25 | 0.66 |
| 2019-09 | 9.34 | 11.41 | 5.66 | 5.4600 | 34.5000 | 5.96 | 0.50 |
| 2019-03 | 12.27 | 14.84 | 2.46 | 2.3500 | 15.1600 | 5.53 | 0.17 |
| 2019-06 | 8.95 | 11.02 | 3.54 | 3.6000 | 28.6000 | 5.73 | 0.32 |
| 2018-09 | 13.91 | 17.93 | 8.39 | 7.9100 | 64.2100 | 6.64 | 0.47 |
| 2018-12 | 11.84 | 15.33 | 9.61 | 8.9900 | 81.8900 | 6.73 | 0.63 |
| 2018-06 | 14.70 | 19.43 | 6.15 | 5.4600 | 50.1900 | 7.03 | 0.32 |
| 2018-03 | 19.94 | 22.54 | 3.76 | 3.3300 | 28.6000 | 6.42 | 0.17 |
| 2017-12 | 15.73 | 16.25 | 10.20 | 13.6100 | 248.1700 | 6.24 | 0.63 |
| 2017-06 | 17.95 | 18.29 | 9.72 | 9.4700 | 139.7600 | 5.78 | 0.53 |
| 2017-09 | 17.63 | 18.08 | 8.82 | 13.9300 | 408.1400 | 5.98 | 0.49 |
| 2017-03 | 22.49 | 22.68 | -- | 6.1600 | -- | -- | -- |
| 2016-12 | 13.36 | 14.98 | 15.81 | 16.2700 | 555.8500 | 5.80 | 1.06 |
| 2016-06 | 26.64 | 17.18 | -- | -- | -- | -- | -- |
| 2016-09 | 15.38 | 17.15 | -- | 14.4800 | -- | -- | -- |
| 2015-12 | 12.65 | 13.56 | 16.50 | 20.0000 | 212.9300 | 6.44 | 1.22 |
| 2015-06 | 13.92 | 14.12 | 8.74 | 12.8000 | 54.8300 | 6.22 | 0.62 |
| 2014-12 | 12.32 | 13.65 | 20.22 | 24.9400 | 118.4500 | 5.65 | 1.48 |
| 2013-12 | 11.67 | 12.26 | 15.73 | 27.8200 | -- | 6.16 | 1.28 |
| 2012-12 | 9.87 | 10.57 | 7.16 | 29.5800 | 22.4700 | 6.88 | 0.68 |
| 2025-06 | 9.20 | 11.69 | 3.46 | 3.6300 | 31.0600 | -- | 0.30 |
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 |
| 2024-09 | 23.13 | 76.87 | 1.9200 | 1.7300 |
| 2025-03 | 21.96 | 78.04 | 2.9400 | 2.2100 |
| 2024-12 | 27.33 | 72.67 | 2.2000 | 1.7000 |
| 2024-06 | 19.24 | 80.76 | 2.6900 | 2.4800 |
| 2024-03 | 22.40 | 77.64 | 2.0900 | 1.8700 |
| 2023-12 | 26.01 | 73.99 | 1.8100 | 1.5300 |
| 2023-09 | 25.68 | 74.36 | 2.2700 | 2.0600 |
| 2023-03 | 21.97 | 78.03 | 3.2200 | 2.9900 |
| 2023-06 | 27.05 | 72.95 | 2.1300 | 1.9500 |
| 2022-12 | 20.03 | 80.02 | 3.0700 | 2.8000 |
| 2022-09 | 19.96 | 80.04 | 3.1300 | 2.8100 |
| 2022-06 | 24.82 | 75.14 | 2.6200 | 2.4200 |
| 2021-12 | 21.37 | 78.63 | 4.1000 | 3.8000 |
| 2022-03 | 19.46 | 80.54 | 4.3000 | 3.9000 |
| 2021-06 | 22.51 | 77.49 | 3.7100 | 3.3300 |
| 2021-09 | 20.26 | 79.74 | 4.3100 | 3.9400 |
| 2021-03 | 14.33 | 85.67 | 6.8000 | 6.1000 |
| 2020-12 | 10.91 | 89.09 | 5.1400 | 4.4700 |
| 2020-06 | 14.40 | 85.60 | 3.8000 | 3.2600 |
| 2020-03 | 11.65 | 88.40 | 4.6600 | 3.7900 |
| 2020-09 | 12.35 | 87.65 | 4.5000 | 3.9500 |
| 2019-12 | 13.12 | 86.88 | 4.0400 | 3.4800 |
| 2019-09 | 13.84 | 86.21 | 3.7900 | 3.3100 |
| 2019-03 | 14.52 | 85.48 | 3.6300 | 2.8500 |
| 2019-06 | 17.15 | 82.85 | 3.0500 | 2.7000 |
| 2018-09 | 17.69 | 82.31 | 3.4700 | 1.6200 |
| 2018-12 | 16.53 | 83.42 | 3.3900 | 1.9000 |
| 2018-06 | 15.61 | 84.45 | 4.0800 | 1.5600 |
| 2018-03 | 14.21 | 85.84 | 4.7400 | 1.8500 |
| 2017-12 | 15.59 | 84.46 | 4.6600 | 1.9500 |
| 2017-06 | 24.35 | 75.65 | 2.5900 | 2.4400 |
| 2017-09 | 15.65 | 84.35 | 4.7700 | 4.6300 |
| 2017-03 | -- | -- | -- | -- |
| 2016-12 | 21.68 | 78.32 | 3.1900 | 3.0600 |
| 2016-06 | -- | -- | -- | -- |
| 2016-09 | -- | -- | -- | -- |
| 2015-12 | 25.51 | 74.49 | 3.1500 | 3.0700 |
| 2015-06 | 22.34 | 77.66 | 3.7600 | 3.6600 |
| 2014-12 | 33.29 | 66.71 | 2.4100 | 2.3300 |
| 2013-12 | 53.93 | 46.07 | 1.5400 | 1.2500 |
| 2012-12 | 81.46 | 18.54 | 1.1300 | 0.4500 |
| 2025-06 | 26.92 | 73.04 | -- | 1.9100 |
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) |
| 2024-09 | 1153000000.0000 | 10051500.0000 | 77544400.0000 | 9151100.0000 |
| 2025-03 | 317000000.0000 | 2880800.0000 | 24352700.0000 | 2250600.0000 |
| 2024-12 | 1368000000.0000 | 13269600.0000 | 103000000.0000 | 12685600.0000 |
| 2024-06 | 744000000.0000 | 6968000.0000 | 48637700.0000 | 6197200.0000 |
| 2024-03 | 379000000.0000 | 3408200.0000 | 25576800.0000 | 3101000.0000 |
| 2023-12 | 1502000000.0000 | 15071400.0000 | 104000000.0000 | 13525300.0000 |
| 2023-09 | 1101000000.0000 | 11990800.0000 | 78607400.0000 | 8853700.0000 |
| 2023-03 | 362000000.0000 | 4388000.0000 | 27761400.0000 | 3059600.0000 |
| 2023-06 | 728000000.0000 | 8254500.0000 | 52288000.0000 | 5787200.0000 |
| 2022-12 | 1499000000.0000 | 19225400.0000 | 104000000.0000 | 7378500.0000 |
| 2022-09 | 1115000000.0000 | 13905700.0000 | 74082500.0000 | 5219900.0000 |
| 2022-06 | 689000000.0000 | 9197800.0000 | 46728500.0000 | 3421300.0000 |
| 2021-12 | 1447000000.0000 | 19227600.0000 | 91529200.0000 | 13086700.0000 |
| 2022-03 | 350000000.0000 | 4757600.0000 | 24973700.0000 | 2881100.0000 |
| 2021-06 | 720000000.0000 | 9816000.0000 | 45695500.0000 | 5051300.0000 |
| 2021-09 | 1079000000.0000 | 13777200.0000 | 67583400.0000 | 6985800.0000 |
| 2021-03 | 347000000.0000 | 4735300.0000 | 21510800.0000 | 1593000.0000 |
| 2020-12 | 1406000000.0000 | 21163500.0000 | 87447300.0000 | 351100.0000 |
| 2020-06 | 752000000.0000 | 9569500.0000 | 41609300.0000 | -1045100.0000 |
| 2020-03 | 286000000.0000 | 5063300.0000 | 20739600.0000 | -524300.0000 |
| 2020-09 | 1070000000.0000 | 15621800.0000 | 61813200.0000 | -1258600.0000 |
| 2019-12 | 1182000000.0000 | 30196100.0000 | 88125600.0000 | -1660200.0000 |
| 2019-09 | 874000000.0000 | 22010000.0000 | 63657800.0000 | -1994400.0000 |
| 2019-03 | 286000000.0000 | 8593300.0000 | 21861800.0000 | -772000.0000 |
| 2019-06 | 580000000.0000 | 15260400.0000 | 43233800.0000 | -948000.0000 |
| 2018-09 | 792000000.0000 | 20789700.0000 | 77761700.0000 | -1644400.0000 |
| 2018-12 | 1087000000.0000 | 30029000.0000 | 102000000.0000 | -199300.0000 |
| 2018-06 | 505000000.0000 | 14873500.0000 | 50988400.0000 | -67000.0000 |
| 2018-03 | 249000000.0000 | 7679400.0000 | 26082300.0000 | -1839600.0000 |
| 2017-12 | 970000000.0000 | 24377600.0000 | 98530400.0000 | 879800.0000 |
| 2017-06 | 489000000.0000 | 12728100.0000 | 48119700.0000 | 352100.0000 |
| 2017-09 | 729000000.0000 | 19113600.0000 | 72226500.0000 | -7195500.0000 |
| 2017-03 | 255000000.0000 | 5820800.0000 | 25325400.0000 | -1743200.0000 |
| 2016-12 | 1012000000.0000 | 22622700.0000 | 97212800.0000 | -721900.0000 |
| 2016-06 | 424000000.0000 | -- | -- | -- |
| 2016-09 | 765000000.0000 | 17707500.0000 | 77862100.0000 | -7025000.0000 |
| 2015-12 | 1050000000.0000 | 21636200.0000 | 94151600.0000 | 1967400.0000 |
| 2015-06 | 501000000.0000 | 8588100.0000 | 39204900.0000 | 2176600.0000 |
| 2014-12 | 925000000.0000 | 15731900.0000 | 72305500.0000 | 4126000.0000 |
| 2013-12 | 908000000.0000 | 16557800.0000 | 77923100.0000 | 7442000.0000 |
| 2012-12 | 895000000.0000 | 15832000.0000 | 58944700.0000 | 28902200.0000 |
| 2025-06 | 671000000.0000 | 5821900.0000 | 50550700.0000 | 5242500.0000 |