中商官网
研究报告
密尔克卫（603713）
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 | 12118000000.0000 | 24.25 | 756000000.0000 | 32.17 | 801000000.0000 | 31.74 | 654000000.0000 | 35.97 |
| 2025-03-31 | 3342000000.0000 | 15.40 | 243000000.0000 | 20.30 | 258000000.0000 | 18.35 | 203000000.0000 | 16.67 |
| 2024-09-30 | 9553000000.0000 | 25.25 | 636000000.0000 | 25.44 | 673000000.0000 | 23.71 | 550000000.0000 | 27.02 |
| 2024-06-30 | 5992000000.0000 | 32.33 | 401000000.0000 | 34.56 | 429000000.0000 | 34.06 | 350000000.0000 | 35.14 |
| 2024-03-31 | 2896000000.0000 | 23.29 | 202000000.0000 | 60.32 | 218000000.0000 | 62.69 | 174000000.0000 | 55.36 |
| 2023-12-31 | 9753000000.0000 | -15.75 | 572000000.0000 | -19.32 | 608000000.0000 | -16.60 | 481000000.0000 | -22.92 |
| 2023-09-30 | 7627000000.0000 | -16.12 | 507000000.0000 | -14.21 | 544000000.0000 | -9.63 | 433000000.0000 | -12.17 |
| 2023-03-31 | 2349000000.0000 | -23.24 | 126000000.0000 | -23.17 | 134000000.0000 | -20.71 | 112000000.0000 | -16.42 |
| 2023-06-30 | 4528000000.0000 | -27.77 | 298000000.0000 | -20.95 | 320000000.0000 | -16.23 | 259000000.0000 | -16.45 |
| 2022-06-30 | 6269000000.0000 | 81.08 | 377000000.0000 | 75.35 | 382000000.0000 | 82.78 | 310000000.0000 | 69.40 |
| 2022-12-31 | 11576000000.0000 | 33.90 | 709000000.0000 | 33.77 | 729000000.0000 | 38.07 | 624000000.0000 | 43.12 |
| 2022-09-30 | 9093000000.0000 | 52.82 | 591000000.0000 | 60.16 | 602000000.0000 | 65.84 | 493000000.0000 | 62.71 |
| 2021-12-31 | 8645000000.0000 | 152.26 | 530000000.0000 | 57.74 | 528000000.0000 | 51.29 | 436000000.0000 | 50.34 |
| 2022-03-31 | 3060000000.0000 | 111.91 | 164000000.0000 | 70.05 | 169000000.0000 | 73.35 | 134000000.0000 | 73.11 |
| 2021-09-30 | 5950000000.0000 | 149.37 | 369000000.0000 | 41.38 | 363000000.0000 | 35.96 | 303000000.0000 | 43.60 |
| 2021-06-30 | 3462000000.0000 | 133.13 | 215000000.0000 | 20.79 | 209000000.0000 | 13.59 | 183000000.0000 | 29.79 |
| 2020-12-31 | 3427000000.0000 | 41.67 | 336000000.0000 | 40.59 | 349000000.0000 | 39.60 | 290000000.0000 | 47.96 |
| 2021-03-31 | 1444000000.0000 | 127.04 | 96440500.0000 | 41.56 | 97488900.0000 | 39.13 | 77407400.0000 | 45.98 |
| 2020-03-31 | 636000000.0000 | 25.44 | 68128700.0000 | 18.06 | 70072100.0000 | 23.51 | 53026600.0000 | 25.83 |
| 2020-09-30 | 2386000000.0000 | 33.30 | 261000000.0000 | 45.81 | 267000000.0000 | 45.11 | 211000000.0000 | 46.53 |
| 2020-06-30 | 1485000000.0000 | 33.54 | 178000000.0000 | 57.52 | 184000000.0000 | 58.62 | 141000000.0000 | 50.20 |
| 2019-09-30 | 1790000000.0000 | 46.84 | 179000000.0000 | 33.58 | 184000000.0000 | 29.58 | 144000000.0000 | 38.46 |
| 2019-12-31 | 2419000000.0000 | 35.59 | 239000000.0000 | 41.42 | 250000000.0000 | 39.66 | 196000000.0000 | 48.48 |
| 2019-03-31 | 507000000.0000 | 35.92 | 57708900.0000 | 30.05 | 56735300.0000 | 24.08 | 42141000.0000 | 27.45 |
| 2019-06-30 | 1112000000.0000 | 47.09 | 113000000.0000 | 26.03 | 116000000.0000 | 24.52 | 93876900.0000 | 40.41 |
| 2018-12-31 | 1784000000.0000 | 38.19 | 169000000.0000 | 52.25 | 179000000.0000 | 54.31 | 132000000.0000 | 58.16 |
| 2018-09-30 | 1219000000.0000 | 31.93 | 134000000.0000 | 85.09 | 142000000.0000 | 79.03 | 104000000.0000 | 74.32 |
| 2018-06-30 | 756000000.0000 | 28.35 | 89663300.0000 | 63.66 | 93156300.0000 | 70.12 | 66858300.0000 | 75.19 |
| 2018-03-31 | 373000000.0000 | 40.23 | 44373000.0000 | 122.67 | 45724600.0000 | 116.82 | 33065200.0000 | 130.75 |
| 2017-12-31 | 1291000000.0000 | 37.49 | 111000000.0000 | 41.52 | 116000000.0000 | 36.48 | 83459900.0000 | 48.49 |
| 2017-06-30 | 589000000.0000 | -- | 54787500.0000 | -- | 54760100.0000 | -- | 38162600.0000 | -- |
| 2017-09-30 | 924000000.0000 | -- | 72395400.0000 | -- | 79314300.0000 | -- | 59659800.0000 | -- |
| 2016-12-31 | 939000000.0000 | 49.05 | 78435900.0000 | 17.63 | 84992400.0000 | 15.15 | 56206600.0000 | 4.55 |
| 2017-03-31 | 266000000.0000 | -- | 19927300.0000 | -- | 21088700.0000 | -- | 14329300.0000 | -- |
| 2015-12-31 | 630000000.0000 | 30.98 | 66678100.0000 | -4.39 | 73807300.0000 | 0.01 | 53761900.0000 | -6.32 |
| 2014-12-31 | 481000000.0000 | -- | 69741600.0000 | -- | 73802900.0000 | -- | 57387500.0000 | -- |
| 2025-06-30 | 7035000000.0000 | 17.41 | 495000000.0000 | 23.44 | 520000000.0000 | 21.21 | 415000000.0000 | 18.57 |
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 | 6.01 | 6.61 | 5.74 | 13.4400 | 15.1800 | 4.14 | 0.87 |
| 2025-03 | 6.91 | 7.72 | 1.64 | 3.9600 | 4.1900 | 4.05 | 0.21 |
| 2024-09 | 6.35 | 7.04 | 5.37 | 11.7000 | 13.5100 | 4.77 | 0.76 |
| 2024-06 | 6.44 | 7.16 | 3.61 | 7.5300 | 8.0700 | 4.76 | 0.50 |
| 2024-03 | 6.73 | 7.53 | 1.91 | 3.7000 | 3.4300 | 5.05 | 0.25 |
| 2023-12 | 5.60 | 6.23 | 5.47 | 10.9900 | 16.2800 | 4.69 | 0.88 |
| 2023-09 | 6.61 | 7.13 | 4.66 | 10.2700 | 11.4300 | 4.47 | 0.65 |
| 2023-03 | 4.98 | 5.70 | 1.42 | 2.8000 | 8.1900 | 4.79 | 0.25 |
| 2023-06 | 6.25 | 7.07 | 3.25 | 6.5000 | 16.4800 | 4.49 | 0.46 |
| 2022-06 | 5.77 | 6.09 | 4.64 | 9.1300 | 50.7900 | 6.05 | 0.76 |
| 2022-12 | 5.86 | 6.30 | 7.66 | 17.4500 | 60.0200 | 5.81 | 1.22 |
| 2022-09 | 6.22 | 6.62 | 6.66 | 14.0200 | 50.7700 | 5.82 | 1.01 |
| 2021-12 | 5.56 | 6.11 | 7.26 | 15.8700 | 160.6700 | 5.56 | 1.19 |
| 2022-03 | 5.16 | 5.52 | 2.14 | 4.3800 | 24.5600 | 5.98 | 0.39 |
| 2021-09 | 5.56 | 6.10 | 5.60 | 11.6900 | 59.9200 | 5.19 | 0.92 |
| 2021-06 | 5.95 | 6.04 | 3.70 | 7.8100 | 77.7500 | 5.09 | 0.61 |
| 2020-12 | 9.28 | 10.18 | 9.49 | 18.3400 | 195.5800 | 3.72 | 0.93 |
| 2021-03 | 6.65 | 6.75 | 1.80 | 4.4100 | 32.9000 | 4.46 | 0.27 |
| 2020-03 | 10.38 | 11.02 | 2.57 | 3.6400 | 43.0300 | 3.57 | 0.23 |
| 2020-09 | 10.35 | 11.19 | 8.62 | 13.7200 | 183.1000 | 3.78 | 0.77 |
| 2020-06 | 11.31 | 12.39 | 6.39 | 9.3200 | 119.8100 | 3.79 | 0.52 |
| 2019-09 | 9.44 | 10.28 | 7.76 | 10.9800 | 171.5600 | 4.10 | 0.76 |
| 2019-12 | 9.55 | 10.33 | 9.73 | 14.6200 | 252.4500 | 4.12 | 0.94 |
| 2019-03 | 10.65 | 11.19 | 2.76 | 3.3200 | 41.4300 | 4.00 | 0.25 |
| 2019-06 | 9.62 | 10.43 | 5.00 | 7.3000 | 114.5700 | 3.96 | 0.48 |
| 2018-12 | 10.26 | 10.03 | 9.64 | 13.8400 | 111.5300 | 4.17 | 0.96 |
| 2018-09 | 11.16 | 11.65 | 8.50 | 11.6300 | 61.8700 | 3.98 | 0.73 |
| 2018-06 | 12.57 | 12.32 | 7.81 | 8.8300 | 27.3000 | 3.85 | 0.63 |
| 2018-03 | 11.53 | 12.26 | 4.03 | -- | 13.4000 | 4.06 | 0.33 |
| 2017-12 | 8.21 | 8.99 | 10.20 | 12.4700 | 77.6300 | 4.00 | 1.14 |
| 2017-06 | 9.17 | 9.30 | 5.57 | 5.9600 | 37.4800 | 3.72 | 0.60 |
| 2017-09 | 7.58 | 8.58 | -- | 8.9000 | -- | -- | -- |
| 2016-12 | 6.92 | 9.05 | 10.05 | 10.3500 | 223.6400 | 3.74 | 1.11 |
| 2017-03 | 7.14 | 7.93 | -- | -- | -- | -- | -- |
| 2015-12 | 10.16 | 11.72 | 12.38 | 14.2600 | 659.0200 | 3.76 | 1.06 |
| 2014-12 | 14.35 | 15.34 | 19.37 | 27.4300 | 372.0000 | 3.88 | 1.26 |
| 2025-06 | 6.70 | 7.39 | -- | -- | -- | -- | -- |
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 | 65.81 | 34.19 | 1.2700 | 0.9900 |
| 2025-03 | 68.33 | 31.67 | 1.1900 | 0.7300 |
| 2024-09 | 61.59 | 38.41 | 1.2800 | 1.0500 |
| 2024-06 | 60.99 | 39.01 | 1.2500 | 1.0300 |
| 2024-03 | 60.44 | 39.56 | 1.2900 | 1.0300 |
| 2023-12 | 60.74 | 39.25 | 1.2000 | 0.9300 |
| 2023-09 | 62.58 | 37.42 | 1.2100 | 0.9000 |
| 2023-03 | 57.91 | 42.09 | 1.4600 | 1.3000 |
| 2023-06 | 58.39 | 41.62 | 1.3100 | 1.1500 |
| 2022-06 | 57.26 | 42.74 | 1.3900 | 1.2400 |
| 2022-12 | 59.06 | 40.94 | 1.4800 | 1.3200 |
| 2022-09 | 58.41 | 41.58 | 1.5700 | 1.3900 |
| 2021-12 | 55.73 | 44.27 | 1.3600 | 1.1600 |
| 2022-03 | 57.38 | 42.62 | 1.3800 | 1.2000 |
| 2021-09 | 52.11 | 47.91 | 1.4700 | 1.2300 |
| 2021-06 | 46.68 | 53.31 | 1.6800 | 1.4800 |
| 2020-12 | 51.63 | 48.40 | 1.1300 | 0.9800 |
| 2021-03 | 45.31 | 54.69 | 1.6700 | 1.4800 |
| 2020-03 | 44.86 | 55.18 | 1.4400 | 1.1000 |
| 2020-09 | 46.63 | 53.37 | 1.2900 | 1.0800 |
| 2020-06 | 45.35 | 54.65 | 1.3900 | 1.1800 |
| 2019-09 | 40.21 | 59.79 | 1.6400 | 1.2600 |
| 2019-12 | 42.55 | 57.45 | 1.5600 | 1.2400 |
| 2019-03 | 35.20 | 64.75 | 1.9300 | 1.2500 |
| 2019-06 | 41.12 | 58.88 | 1.4100 | 1.1000 |
| 2018-12 | 31.88 | 68.12 | 2.5600 | 1.5900 |
| 2018-09 | 25.55 | 74.45 | 3.4400 | 2.1700 |
| 2018-06 | 31.85 | 68.06 | 2.0700 | 1.6700 |
| 2018-03 | 32.07 | 67.93 | 2.1700 | 1.8700 |
| 2017-12 | 35.27 | 64.82 | 1.9900 | 1.6400 |
| 2017-06 | 30.18 | 69.82 | 2.3500 | 2.0500 |
| 2017-09 | -- | -- | -- | -- |
| 2016-12 | 24.94 | 74.94 | 2.8300 | 2.3400 |
| 2017-03 | -- | -- | -- | -- |
| 2015-12 | 24.33 | 75.67 | 2.7100 | 2.3500 |
| 2014-12 | 39.90 | 60.10 | 1.4600 | 1.3200 |
| 2025-06 | -- | -- | -- | -- |
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 | 11390000000.0000 | 132000000.0000 | 259000000.0000 | 146000000.0000 |
| 2025-03 | 3111000000.0000 | 37652000.0000 | 58638300.0000 | 37486000.0000 |
| 2024-09 | 8946000000.0000 | 94258500.0000 | 171000000.0000 | 109000000.0000 |
| 2024-06 | 5606000000.0000 | 63329800.0000 | 108000000.0000 | 66931900.0000 |
| 2024-03 | 2701000000.0000 | 32183500.0000 | 56456500.0000 | 30528400.0000 |
| 2023-12 | 9207000000.0000 | 124000000.0000 | 291000000.0000 | 119000000.0000 |
| 2023-09 | 7123000000.0000 | 90770000.0000 | 191000000.0000 | 59587500.0000 |
| 2023-03 | 2232000000.0000 | 27951300.0000 | 66419500.0000 | 30891800.0000 |
| 2023-06 | 4245000000.0000 | 57864000.0000 | 144000000.0000 | 34405300.0000 |
| 2022-06 | 5907000000.0000 | 55341000.0000 | 138000000.0000 | 28018200.0000 |
| 2022-12 | 10898000000.0000 | 124000000.0000 | 298000000.0000 | 55282900.0000 |
| 2022-09 | 8527000000.0000 | 92711100.0000 | 223000000.0000 | 19100000.0000 |
| 2021-12 | 8164000000.0000 | 93610700.0000 | 198000000.0000 | 53717800.0000 |
| 2022-03 | 2902000000.0000 | 26449900.0000 | 69913700.0000 | 21038400.0000 |
| 2021-09 | 5619000000.0000 | 69536000.0000 | 127000000.0000 | 29490100.0000 |
| 2021-06 | 3256000000.0000 | 43647700.0000 | 72659300.0000 | 21678100.0000 |
| 2020-12 | 3109000000.0000 | 48694000.0000 | 129000000.0000 | 30548400.0000 |
| 2021-03 | 1348000000.0000 | 19818800.0000 | 34574700.0000 | 9393400.0000 |
| 2020-03 | 570000000.0000 | 11743300.0000 | 26245600.0000 | 4231900.0000 |
| 2020-09 | 2139000000.0000 | 35415600.0000 | 90638500.0000 | 19269900.0000 |
| 2020-06 | 1317000000.0000 | 23389800.0000 | 60301700.0000 | 11330400.0000 |
| 2019-09 | 1621000000.0000 | 35183100.0000 | 88931800.0000 | 9302400.0000 |
| 2019-12 | 2188000000.0000 | 46699500.0000 | 109000000.0000 | 16368500.0000 |
| 2019-03 | 453000000.0000 | 9429600.0000 | 23476500.0000 | 4025200.0000 |
| 2019-06 | 1005000000.0000 | 24206700.0000 | 52930900.0000 | 6530900.0000 |
| 2018-12 | 1601000000.0000 | 38310900.0000 | 82650200.0000 | 7132000.0000 |
| 2018-09 | 1083000000.0000 | 28576900.0000 | 59148300.0000 | 4519900.0000 |
| 2018-06 | 661000000.0000 | 21631100.0000 | 36053300.0000 | 4977100.0000 |
| 2018-03 | 330000000.0000 | 8624400.0000 | 16547000.0000 | 6881200.0000 |
| 2017-12 | 1185000000.0000 | 32767300.0000 | 81529200.0000 | 9733800.0000 |
| 2017-06 | 535000000.0000 | 13874300.0000 | 48602200.0000 | 3531300.0000 |
| 2017-09 | 854000000.0000 | 20718800.0000 | 61796500.0000 | 7279500.0000 |
| 2016-12 | 874000000.0000 | 24265800.0000 | 96549700.0000 | -4279000.0000 |
| 2017-03 | 247000000.0000 | 6942200.0000 | 25556600.0000 | 750400.0000 |
| 2015-12 | 566000000.0000 | 18029700.0000 | 68580500.0000 | -1540900.0000 |
| 2014-12 | 412000000.0000 | 10355700.0000 | 33850100.0000 | 1741900.0000 |
| 2025-06 | 6564000000.0000 | 76601300.0000 | 127000000.0000 | 83747900.0000 |