中商官网
研究报告
德宏股份（603701）
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) |
| 2011 | 359000000.0000 | 44355200.0000 | 56398800.0000 | 48396700.0000 | 376000000.0000 | 198000000.0000 | 177000000.0000 |
| 2012 | 329000000.0000 | 40128500.0000 | 41662200.0000 | 35855500.0000 | 396000000.0000 | 194000000.0000 | 202000000.0000 |
| 2013 | 377000000.0000 | 49397400.0000 | 50166900.0000 | 43325300.0000 | 417000000.0000 | 189000000.0000 | 227000000.0000 |
| 2014 | 417000000.0000 | 57315800.0000 | 59341600.0000 | 50391300.0000 | 439000000.0000 | 188000000.0000 | 251000000.0000 |
| 2015 | 409000000.0000 | 62338900.0000 | 64447200.0000 | 54352200.0000 | 472000000.0000 | 195000000.0000 | 278000000.0000 |
| 2016 | 416000000.0000 | 76136900.0000 | 78792000.0000 | 67359000.0000 | 742000000.0000 | 196000000.0000 | 547000000.0000 |
| 2017 | 509000000.0000 | 93329000.0000 | 93206700.0000 | 80611300.0000 | 850000000.0000 | 257000000.0000 | 592000000.0000 |
| 2018 | 459000000.0000 | 129000000.0000 | 129000000.0000 | 111000000.0000 | 910000000.0000 | 214000000.0000 | 696000000.0000 |
| 2019 | 476000000.0000 | 65365500.0000 | 65215500.0000 | 57738700.0000 | 976000000.0000 | 271000000.0000 | 705000000.0000 |
| 2020 | 600000000.0000 | 74019300.0000 | 72894300.0000 | 63626900.0000 | 992000000.0000 | 273000000.0000 | 719000000.0000 |
| 2021 | 593000000.0000 | 39778800.0000 | 39819900.0000 | 38749600.0000 | 959000000.0000 | 214000000.0000 | 744000000.0000 |
| 2022 | 492000000.0000 | 19689800.0000 | 19654900.0000 | 19238200.0000 | 1015000000.0000 | 251000000.0000 | 764000000.0000 |
| 2023 | 648000000.0000 | 28496500.0000 | 28565300.0000 | 28089900.0000 | 1137000000.0000 | 348000000.0000 | 789000000.0000 |
| 2024 | 707000000.0000 | 60359600.0000 | 60371700.0000 | 56611000.0000 | 1283000000.0000 | 448000000.0000 | 834000000.0000 |
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) |
| 2011 | 12.26 | 15.71 | 15.00 | 32.3400 | 4.4500 | 3.31 | 0.95 |
| 2012 | 12.16 | 12.66 | 10.52 | 19.7700 | 4.2600 | 3.20 | 0.83 |
| 2013 | 13.00 | 13.31 | 12.03 | 20.6800 | 4.9000 | 3.72 | 0.90 |
| 2014 | 13.67 | 14.23 | 13.52 | 21.5000 | 4.6900 | 3.93 | 0.95 |
| 2015 | 15.16 | 15.76 | 13.65 | 20.9900 | 4.3800 | 3.71 | 0.87 |
| 2016 | 18.03 | 18.94 | 10.62 | 15.0200 | 3.9300 | 3.53 | 0.56 |
| 2017 | 16.70 | 18.31 | 10.97 | 14.1500 | 4.3700 | 3.62 | 0.60 |
| 2018 | 12.85 | 28.10 | 14.18 | 17.2400 | 4.2600 | 3.00 | 0.50 |
| 2019 | 10.92 | 13.70 | 6.68 | 8.3200 | 4.4200 | 2.92 | 0.49 |
| 2020 | 11.83 | 12.15 | 7.35 | 8.9600 | 4.6300 | 2.88 | 0.60 |
| 2021 | 5.56 | 6.71 | 4.15 | 5.3200 | 4.0700 | 2.94 | 0.62 |
| 2022 | 2.85 | 3.99 | 1.94 | 1.4900 | 3.0600 | 2.92 | 0.48 |
| 2023 | 2.78 | 4.41 | 2.51 | 2.6500 | 3.4200 | 2.97 | 0.57 |
| 2024 | 1.41 | 8.54 | 4.71 | 5.9000 | 3.4100 | 2.77 | 0.55 |
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 |
| 2011 | 52.66 | 47.07 | 1.6600 | 1.2200 |
| 2012 | 48.99 | 51.01 | 1.6000 | 1.2200 |
| 2013 | 45.32 | 54.44 | 2.0500 | 1.5300 |
| 2014 | 42.82 | 57.18 | 1.7200 | 1.2600 |
| 2015 | 41.31 | 58.90 | 1.7800 | 1.3300 |
| 2016 | 26.42 | 73.72 | 3.0900 | 1.7300 |
| 2017 | 30.24 | 69.65 | 2.6700 | 1.4400 |
| 2018 | 23.52 | 76.48 | 3.2400 | 1.6100 |
| 2019 | 27.77 | 72.23 | 2.4100 | 1.3600 |
| 2020 | 27.52 | 72.48 | 2.5900 | 1.7000 |
| 2021 | 22.31 | 77.58 | 3.3600 | 2.5000 |
| 2022 | 24.73 | 75.27 | 2.6400 | 1.9300 |
| 2023 | 30.61 | 69.39 | 2.3200 | 1.7000 |
| 2024 | 34.92 | 65.00 | 1.9700 | 1.4700 |
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) |
| 2011 | 315000000.0000 | 15829300.0000 | 34095900.0000 | 4042300.0000 |
| 2012 | 289000000.0000 | 15998300.0000 | 37794200.0000 | 3299000.0000 |
| 2013 | 328000000.0000 | 18205200.0000 | 38675300.0000 | 3640600.0000 |
| 2014 | 360000000.0000 | 23485000.0000 | 42734700.0000 | 2856200.0000 |
| 2015 | 347000000.0000 | 23436800.0000 | 46170400.0000 | 2153300.0000 |
| 2016 | 341000000.0000 | 21604500.0000 | 48408400.0000 | 845000.0000 |
| 2017 | 424000000.0000 | 25154200.0000 | 35598000.0000 | 1283800.0000 |
| 2018 | 400000000.0000 | 20653300.0000 | 39051000.0000 | 411700.0000 |
| 2019 | 424000000.0000 | 22179000.0000 | 35428200.0000 | 396700.0000 |
| 2020 | 529000000.0000 | 16476800.0000 | 40967000.0000 | 674400.0000 |
| 2021 | 560000000.0000 | 21211900.0000 | 38013500.0000 | 174300.0000 |
| 2022 | 478000000.0000 | 17143600.0000 | 41887500.0000 | -1085300.0000 |
| 2023 | 630000000.0000 | 24593400.0000 | 44523400.0000 | -8800.0000 |
| 2024 | 697000000.0000 | 12421700.0000 | 42409400.0000 | 861800.0000 |