中商官网
研究报告
宁水集团（603700）
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 | 1501000000.0000 | -16.10 | 54674700.0000 | -61.77 | 56303700.0000 | -61.44 | 52253100.0000 | -60.11 |
| 2025-03-31 | 266000000.0000 | 5.98 | 29396800.0000 | 190.29 | 31154800.0000 | 140.72 | 28196400.0000 | 141.79 |
| 2024-09-30 | 1013000000.0000 | -19.54 | 33335000.0000 | -61.56 | 36079200.0000 | -60.00 | 35082800.0000 | -57.20 |
| 2024-06-30 | 640000000.0000 | -21.09 | 30724400.0000 | -41.36 | 33519200.0000 | -40.08 | 30269600.0000 | -40.84 |
| 2024-03-31 | 251000000.0000 | -19.55 | 10126600.0000 | 44.14 | 12942500.0000 | 20.50 | 11661500.0000 | 15.81 |
| 2023-12-31 | 1789000000.0000 | 15.05 | 143000000.0000 | 5.15 | 146000000.0000 | 2.82 | 131000000.0000 | 3.97 |
| 2023-09-30 | 1259000000.0000 | 20.13 | 86711600.0000 | 19.72 | 90190400.0000 | 14.55 | 81976700.0000 | 28.44 |
| 2023-03-31 | 312000000.0000 | 27.87 | 7025300.0000 | 307.90 | 10740600.0000 | 59.90 | 10069700.0000 | 73.55 |
| 2023-06-30 | 811000000.0000 | 21.04 | 52391100.0000 | 14.05 | 55940300.0000 | 6.96 | 51168000.0000 | 26.52 |
| 2022-09-30 | 1048000000.0000 | -10.88 | 72429100.0000 | -59.31 | 78731600.0000 | -58.34 | 63826000.0000 | -61.08 |
| 2022-12-31 | 1555000000.0000 | -9.44 | 136000000.0000 | -47.29 | 142000000.0000 | -46.82 | 126000000.0000 | -46.38 |
| 2022-06-30 | 670000000.0000 | -9.46 | 45937400.0000 | -63.25 | 52300100.0000 | -61.54 | 40442100.0000 | -65.43 |
| 2022-03-31 | 244000000.0000 | -13.78 | 1722300.0000 | -95.34 | 6717200.0000 | -85.95 | 5802300.0000 | -86.19 |
| 2021-09-30 | 1176000000.0000 | 10.73 | 178000000.0000 | -11.44 | 189000000.0000 | -10.00 | 164000000.0000 | -9.89 |
| 2021-06-30 | 740000000.0000 | 12.80 | 125000000.0000 | 0.00 | 136000000.0000 | 0.74 | 117000000.0000 | 0.00 |
| 2021-12-31 | 1717000000.0000 | 7.99 | 258000000.0000 | -15.69 | 267000000.0000 | -15.24 | 235000000.0000 | -13.92 |
| 2020-12-31 | 1590000000.0000 | 15.97 | 306000000.0000 | 29.66 | 315000000.0000 | 28.05 | 273000000.0000 | 28.77 |
| 2021-03-31 | 283000000.0000 | 19.92 | 36982800.0000 | 3.02 | 47824900.0000 | 25.64 | 42023200.0000 | 27.54 |
| 2020-09-30 | 1062000000.0000 | 16.32 | 201000000.0000 | 34.90 | 210000000.0000 | 35.48 | 182000000.0000 | 35.82 |
| 2020-06-30 | 656000000.0000 | 18.41 | 125000000.0000 | 39.64 | 135000000.0000 | 45.78 | 117000000.0000 | 46.24 |
| 2020-03-31 | 236000000.0000 | 0.43 | 35899200.0000 | 25.75 | 38066300.0000 | 32.01 | 32949400.0000 | 32.98 |
| 2019-12-31 | 1371000000.0000 | 33.24 | 236000000.0000 | 57.33 | 246000000.0000 | 53.75 | 212000000.0000 | 54.74 |
| 2019-03-31 | 235000000.0000 | 23.68 | 28547900.0000 | 19.56 | 28835900.0000 | 20.06 | 24777000.0000 | 22.03 |
| 2019-09-30 | 913000000.0000 | 26.10 | 149000000.0000 | 31.86 | 155000000.0000 | 29.17 | 134000000.0000 | 30.10 |
| 2019-06-30 | 554000000.0000 | 26.77 | 89515200.0000 | 37.11 | 92606500.0000 | 31.96 | 80007600.0000 | 32.81 |
| 2018-09-30 | 724000000.0000 | 25.48 | 113000000.0000 | 15.76 | 120000000.0000 | 14.29 | 103000000.0000 | 15.22 |
| 2018-12-31 | 1029000000.0000 | 26.41 | 150000000.0000 | 11.11 | 160000000.0000 | 11.11 | 137000000.0000 | 12.30 |
| 2018-03-31 | 190000000.0000 | 9.83 | 23878100.0000 | -7.89 | 24018100.0000 | -7.71 | 20303200.0000 | -8.04 |
| 2018-06-30 | 437000000.0000 | 17.47 | 65285000.0000 | 5.78 | 70175300.0000 | 13.24 | 60241600.0000 | 14.22 |
| 2017-06-30 | 372000000.0000 | -15.84 | 61716700.0000 | -16.40 | 61967800.0000 | -19.13 | 52742700.0000 | -19.65 |
| 2017-12-31 | 814000000.0000 | -1.45 | 135000000.0000 | -2.17 | 144000000.0000 | -6.49 | 122000000.0000 | -6.87 |
| 2017-09-30 | 577000000.0000 | -- | 97617000.0000 | -- | 105000000.0000 | -- | 89396800.0000 | -- |
| 2017-03-31 | 173000000.0000 | -- | 25923100.0000 | -- | 26025800.0000 | -- | 22077200.0000 | -- |
| 2016-12-31 | 826000000.0000 | 12.38 | 138000000.0000 | 33.98 | 154000000.0000 | 40.00 | 131000000.0000 | 39.82 |
| 2016-06-30 | 442000000.0000 | 20.44 | 73823400.0000 | 65.79 | 76629600.0000 | 70.35 | 65641500.0000 | 67.46 |
| 2015-12-31 | 735000000.0000 | -7.89 | 103000000.0000 | 11.76 | 110000000.0000 | 10.00 | 93692500.0000 | 10.34 |
| 2015-04-30 | 239000000.0000 | -- | 26036800.0000 | -- | 26618400.0000 | -- | 23007800.0000 | -- |
| 2015-06-30 | 367000000.0000 | -- | 44528300.0000 | -- | 44983900.0000 | -- | 39199100.0000 | -- |
| 2014-12-31 | 798000000.0000 | 16.67 | 92164200.0000 | 82.78 | 100000000.0000 | 88.31 | 84914800.0000 | 93.85 |
| 2013-12-31 | 684000000.0000 | -- | 50424900.0000 | -- | 53105100.0000 | -- | 43804600.0000 | -- |
| 2025-06-30 | 706000000.0000 | 10.31 | 58507000.0000 | 90.43 | 60159300.0000 | 79.48 | 53580100.0000 | 77.01 |
| 2025-09-30 | 1202000000.0000 | 18.66 | 81377700.0000 | 144.12 | 82895700.0000 | 129.76 | 75267000.0000 | 114.54 |
| 2026-03-31 | -- | -100.00 | -- | -100.00 | -- | -100.00 | 10766500.0000 | -61.82 |
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 | 0.47 | 3.75 | 2.47 | 3.2800 | 3.3100 | 1.94 | 0.66 |
| 2025-03 | -6.39 | 11.71 | 1.36 | 1.7500 | 0.5500 | 1.38 | 0.12 |
| 2024-09 | -0.20 | 3.56 | 1.62 | 2.2200 | 2.1000 | 1.66 | 0.46 |
| 2024-06 | 1.25 | 5.24 | 1.49 | 1.9200 | 1.3300 | 1.60 | 0.28 |
| 2024-03 | -0.80 | 5.16 | 0.60 | 0.7300 | 0.4800 | 1.34 | 0.12 |
| 2023-12 | 5.76 | 8.16 | 6.41 | 8.3500 | 3.3400 | 2.36 | 0.79 |
| 2023-09 | 5.00 | 7.16 | 3.91 | 5.2900 | 2.1200 | 2.11 | 0.55 |
| 2023-03 | -0.32 | 3.44 | 0.48 | 0.6600 | 0.5500 | 1.67 | 0.14 |
| 2023-06 | 4.44 | 6.90 | 2.43 | 3.3500 | 1.3900 | 2.08 | 0.35 |
| 2022-09 | 3.63 | 7.51 | 3.55 | 4.1700 | 1.9600 | 2.00 | 0.47 |
| 2022-12 | 5.85 | 9.13 | 6.04 | 8.0700 | 2.9100 | 2.20 | 0.66 |
| 2022-06 | 3.13 | 7.81 | 2.53 | 2.6700 | 1.3900 | 1.88 | 0.32 |
| 2022-03 | -3.28 | 2.75 | 0.32 | 0.3700 | 0.4900 | 1.47 | 0.12 |
| 2021-09 | 12.07 | 16.07 | 8.89 | 10.9900 | 2.3500 | 2.48 | 0.55 |
| 2021-06 | 13.78 | 18.38 | 6.56 | 7.8800 | 1.5600 | 2.39 | 0.36 |
| 2021-12 | 12.06 | 15.55 | 12.02 | 15.4800 | 3.6100 | 2.89 | 0.77 |
| 2020-12 | 15.91 | 19.81 | 15.29 | 20.1600 | 3.4700 | 3.66 | 0.77 |
| 2021-03 | 10.60 | 16.90 | 2.47 | 2.8800 | 0.5900 | 2.04 | 0.15 |
| 2020-09 | 15.91 | 19.77 | 11.26 | 13.8900 | 2.0500 | 3.04 | 0.57 |
| 2020-06 | 16.31 | 20.58 | 7.49 | 9.0500 | 1.2800 | 2.92 | 0.36 |
| 2020-03 | 13.14 | 16.13 | 2.35 | 2.6300 | 0.5200 | 2.41 | 0.15 |
| 2019-12 | 14.30 | 17.94 | 14.46 | 18.9600 | 3.5700 | 5.01 | 0.81 |
| 2019-03 | 11.49 | 12.27 | 2.07 | 2.7100 | 0.7100 | 3.68 | 0.17 |
| 2019-09 | 14.35 | 16.98 | 10.23 | 12.5100 | 2.2900 | 3.76 | 0.60 |
| 2019-06 | 13.72 | 16.72 | 6.46 | 7.7300 | 1.5100 | 3.87 | 0.39 |
| 2018-09 | 14.23 | 16.57 | 16.02 | 23.1200 | 3.0800 | -- | 0.97 |
| 2018-12 | 12.93 | 15.55 | 19.39 | 30.0300 | 3.9700 | 5.57 | 1.25 |
| 2018-03 | 11.58 | 12.64 | 3.52 | 4.7900 | 0.9000 | 3.89 | 0.28 |
| 2018-06 | 13.50 | 16.06 | 10.66 | 13.9100 | 2.0500 | 4.12 | 0.66 |
| 2017-06 | 15.32 | 16.66 | 9.88 | 14.2800 | 2.0000 | 4.00 | 0.59 |
| 2017-12 | 15.36 | 17.69 | 20.90 | 31.8700 | 4.3300 | 4.99 | 1.18 |
| 2017-09 | 15.60 | 18.20 | -- | -- | -- | -- | -- |
| 2017-03 | 13.87 | 15.04 | -- | 5.8100 | -- | -- | -- |
| 2016-12 | 15.86 | 18.64 | 25.00 | 40.5200 | 5.4500 | 5.30 | 1.34 |
| 2016-06 | 16.74 | 17.34 | 13.28 | 21.5800 | 3.4400 | 4.57 | 0.77 |
| 2015-12 | 14.15 | 14.97 | 22.73 | 40.4500 | 5.5600 | 5.63 | 1.52 |
| 2015-04 | 10.88 | 11.14 | 5.85 | 12.3400 | -- | -- | 0.53 |
| 2015-06 | 11.99 | 12.26 | -- | 20.0900 | -- | -- | -- |
| 2014-12 | 11.28 | 12.53 | 22.47 | 45.4900 | 6.7100 | 7.28 | 1.79 |
| 2013-12 | 7.46 | 7.76 | 12.61 | 32.5200 | 6.0800 | 6.31 | 1.62 |
| 2025-06 | -0.57 | 8.52 | 2.63 | 3.3500 | 1.3600 | 1.74 | 0.31 |
| 2025-09 | 0.83 | 6.90 | 3.46 | 4.6700 | 2.2100 | 1.91 | 0.50 |
| 2026-03 | -- | -- | -- | -- | -- | -- | -- |
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 | 29.59 | 70.46 | 2.3900 | 1.8100 |
| 2025-03 | 29.08 | 70.88 | 2.4600 | 1.8100 |
| 2024-09 | 28.63 | 71.37 | 2.4700 | 1.7900 |
| 2024-06 | 30.95 | 69.05 | 2.3100 | 1.7100 |
| 2024-03 | 26.19 | 73.81 | 2.7200 | 1.9900 |
| 2023-12 | 29.31 | 70.69 | 2.4400 | 1.9100 |
| 2023-09 | 32.39 | 67.61 | 2.2000 | 1.6000 |
| 2023-03 | 31.20 | 68.76 | 2.2700 | 1.6400 |
| 2023-06 | 33.64 | 66.36 | 2.1200 | 1.5500 |
| 2022-09 | 33.35 | 66.65 | 2.2500 | 1.6300 |
| 2022-12 | 34.81 | 65.23 | 2.0800 | 1.5400 |
| 2022-06 | 28.50 | 71.55 | 2.6300 | 1.9700 |
| 2022-03 | 24.20 | 75.80 | 3.3300 | 2.4600 |
| 2021-09 | 27.58 | 72.42 | 3.0900 | 2.4200 |
| 2021-06 | 27.85 | 72.15 | 3.1400 | 2.5500 |
| 2021-12 | 28.14 | 71.86 | 2.9500 | 2.3800 |
| 2020-12 | 29.42 | 70.58 | 3.0500 | 2.5000 |
| 2021-03 | 23.07 | 76.93 | 3.8400 | 3.0500 |
| 2020-09 | 25.84 | 74.16 | 3.5200 | 2.7000 |
| 2020-06 | 26.91 | 73.09 | 3.4000 | 2.6200 |
| 2020-03 | 20.89 | 79.05 | 4.4100 | 3.4600 |
| 2019-12 | 26.75 | 73.25 | 3.4500 | 2.8000 |
| 2019-03 | 18.70 | 81.30 | 4.9900 | 2.5600 |
| 2019-09 | 22.97 | 77.03 | 4.0700 | 2.1100 |
| 2019-06 | 22.33 | 77.67 | 4.1600 | 2.1400 |
| 2018-09 | 36.18 | 63.82 | 2.3400 | 1.6300 |
| 2018-12 | 37.82 | 62.18 | 2.2800 | 1.5400 |
| 2018-03 | 35.34 | 64.81 | 2.3800 | 1.7200 |
| 2018-06 | 33.89 | 66.11 | 2.4600 | 1.7200 |
| 2017-06 | 44.02 | 55.98 | 1.7900 | 1.1800 |
| 2017-12 | 38.90 | 61.10 | 2.1600 | 1.6200 |
| 2017-09 | -- | -- | -- | -- |
| 2017-03 | -- | -- | -- | -- |
| 2016-12 | 39.77 | 60.23 | 2.4800 | 1.8800 |
| 2016-06 | 46.97 | 53.03 | 1.6000 | 1.1900 |
| 2015-12 | 41.12 | 58.88 | 1.7100 | 1.2200 |
| 2015-04 | 54.29 | 45.71 | -- | -- |
| 2015-06 | -- | -- | -- | -- |
| 2014-12 | 56.85 | 43.15 | 1.1900 | 0.7800 |
| 2013-12 | 63.90 | 36.34 | 1.0500 | 0.6600 |
| 2025-06 | 29.75 | 70.25 | 2.3800 | 1.7100 |
| 2025-09 | 32.03 | 67.97 | 2.2700 | 1.6000 |
| 2026-03 | -- | -- | -- | -- |
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 | 1494000000.0000 | 102000000.0000 | 84569600.0000 | -566200.0000 |
| 2025-03 | 283000000.0000 | 22050400.0000 | 19432800.0000 | -548300.0000 |
| 2024-09 | 1015000000.0000 | 71845600.0000 | 60630300.0000 | -2260300.0000 |
| 2024-06 | 632000000.0000 | 47558700.0000 | 39653500.0000 | -615800.0000 |
| 2024-03 | 253000000.0000 | 44925100.0000 | 19677600.0000 | -1399900.0000 |
| 2023-12 | 1686000000.0000 | 107000000.0000 | 93692900.0000 | 1964800.0000 |
| 2023-09 | 1196000000.0000 | 71013300.0000 | 70364600.0000 | -1612200.0000 |
| 2023-03 | 313000000.0000 | 41748900.0000 | 20344900.0000 | 610000.0000 |
| 2023-06 | 775000000.0000 | 46798300.0000 | 45117600.0000 | 1122100.0000 |
| 2022-09 | 1010000000.0000 | 118000000.0000 | 58204700.0000 | -7172900.0000 |
| 2022-12 | 1464000000.0000 | 174000000.0000 | 75910900.0000 | 282300.0000 |
| 2022-06 | 649000000.0000 | 73728000.0000 | 37068300.0000 | -2044400.0000 |
| 2022-03 | 252000000.0000 | 29427600.0000 | 19428000.0000 | -457500.0000 |
| 2021-09 | 1034000000.0000 | 99374800.0000 | 48560000.0000 | 755300.0000 |
| 2021-06 | 638000000.0000 | 54336600.0000 | 30619400.0000 | 2450900.0000 |
| 2021-12 | 1510000000.0000 | 153000000.0000 | 67104800.0000 | 4557300.0000 |
| 2020-12 | 1337000000.0000 | 141000000.0000 | 59426200.0000 | 3695400.0000 |
| 2021-03 | 253000000.0000 | 26816800.0000 | 14980900.0000 | -317500.0000 |
| 2020-09 | 893000000.0000 | 101000000.0000 | 44131200.0000 | 581400.0000 |
| 2020-06 | 549000000.0000 | 61502500.0000 | 27471900.0000 | -686400.0000 |
| 2020-03 | 205000000.0000 | 23421900.0000 | 11790600.0000 | -1300300.0000 |
| 2019-12 | 1175000000.0000 | 172000000.0000 | 53538500.0000 | -685300.0000 |
| 2019-03 | 208000000.0000 | 21004000.0000 | 13113400.0000 | 976000.0000 |
| 2019-09 | 782000000.0000 | 97019900.0000 | 39655500.0000 | -3156000.0000 |
| 2019-06 | 478000000.0000 | 58987600.0000 | 24715400.0000 | -423100.0000 |
| 2018-09 | 621000000.0000 | 65705500.0000 | 35536900.0000 | -1820100.0000 |
| 2018-12 | 896000000.0000 | 116000000.0000 | 47642000.0000 | 362800.0000 |
| 2018-03 | 168000000.0000 | 15316300.0000 | 9538600.0000 | 4242300.0000 |
| 2018-06 | 378000000.0000 | 37734600.0000 | 21761700.0000 | 1482400.0000 |
| 2017-06 | 315000000.0000 | 34050700.0000 | 20877600.0000 | 2521100.0000 |
| 2017-12 | 689000000.0000 | 75745700.0000 | 43628900.0000 | 7388000.0000 |
| 2017-09 | 487000000.0000 | 50892100.0000 | 31188300.0000 | 5684300.0000 |
| 2017-03 | 149000000.0000 | 16225600.0000 | 14127100.0000 | 862800.0000 |
| 2016-12 | 695000000.0000 | 61117300.0000 | 44025400.0000 | 1209600.0000 |
| 2016-06 | 368000000.0000 | 26431700.0000 | 38646500.0000 | 575900.0000 |
| 2015-12 | 631000000.0000 | 43651800.0000 | 40517400.0000 | 1907200.0000 |
| 2015-04 | 213000000.0000 | 12392900.0000 | 23969800.0000 | 1104900.0000 |
| 2015-06 | 323000000.0000 | 18421100.0000 | 37241100.0000 | 1742100.0000 |
| 2014-12 | 708000000.0000 | 39861500.0000 | 57765100.0000 | 6607600.0000 |
| 2013-12 | 633000000.0000 | 27569200.0000 | 59752000.0000 | 11850000.0000 |
| 2025-06 | 710000000.0000 | 48407500.0000 | 39580600.0000 | 53000.0000 |
| 2025-09 | 1192000000.0000 | 73417800.0000 | 61361000.0000 | -766400.0000 |
| 2026-03 | -- | -- | 19890600.0000 | 1619500.0000 |