中商官网
研究报告
松炀资源（603863）
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 | 727000000.0000 | 9.32 | -223000000.0000 | -0.45 | -235000000.0000 | 0.00 | -236000000.0000 | -0.42 |
| 2025-03-31 | 102000000.0000 | -28.67 | -17720700.0000 | -21.58 | -18128900.0000 | -19.40 | -18128900.0000 | -19.40 |
| 2024-03-31 | 143000000.0000 | 19.17 | -22598600.0000 | -12.94 | -22492100.0000 | -13.54 | -22492100.0000 | -13.54 |
| 2024-09-30 | 525000000.0000 | 14.63 | -109000000.0000 | -33.54 | -105000000.0000 | -40.00 | -105000000.0000 | -39.31 |
| 2024-06-30 | 355000000.0000 | 17.55 | -60334700.0000 | -23.58 | -60020100.0000 | -24.19 | -60020100.0000 | -20.57 |
| 2023-09-30 | 458000000.0000 | -35.58 | -164000000.0000 | 7.89 | -175000000.0000 | 15.89 | -173000000.0000 | 39.52 |
| 2023-12-31 | 665000000.0000 | -28.34 | -224000000.0000 | -18.25 | -235000000.0000 | -14.23 | -237000000.0000 | -14.44 |
| 2023-06-30 | 302000000.0000 | -38.11 | -78954600.0000 | 14.00 | -79173300.0000 | 15.83 | -75564900.0000 | 38.09 |
| 2023-03-31 | 120000000.0000 | -46.19 | -25958200.0000 | 1254.03 | -26015000.0000 | 2042.21 | -26015000.0000 | -1341.94 |
| 2022-12-31 | 928000000.0000 | 55.44 | -274000000.0000 | -4577.42 | -274000000.0000 | -4421.77 | -277000000.0000 | -3221.90 |
| 2022-06-30 | 488000000.0000 | 84.15 | -69257100.0000 | -463.15 | -68350400.0000 | -455.05 | -54722600.0000 | -382.30 |
| 2022-09-30 | 711000000.0000 | 78.64 | -152000000.0000 | -1346.69 | -151000000.0000 | -1317.17 | -124000000.0000 | -972.52 |
| 2021-12-31 | 597000000.0000 | 19.64 | 6119600.0000 | -92.63 | 6340000.0000 | -92.09 | 8872800.0000 | -88.42 |
| 2022-03-31 | 223000000.0000 | 85.83 | -1917100.0000 | -111.82 | -1214400.0000 | -107.49 | 2094700.0000 | -86.01 |
| 2021-09-30 | 398000000.0000 | 16.72 | 12192300.0000 | -76.54 | 12405800.0000 | -77.15 | 14211700.0000 | -72.04 |
| 2021-06-30 | 265000000.0000 | 29.27 | 19071100.0000 | -41.05 | 19251100.0000 | -42.56 | 19384400.0000 | -37.33 |
| 2020-09-30 | 341000000.0000 | -22.68 | 51963800.0000 | -20.86 | 54287000.0000 | -16.73 | 50820900.0000 | -19.70 |
| 2020-12-31 | 499000000.0000 | -14.41 | 83024900.0000 | -8.96 | 80147300.0000 | -14.55 | 76611300.0000 | -14.91 |
| 2021-03-31 | 120000000.0000 | 33.21 | 16215700.0000 | 27.69 | 16215700.0000 | 28.70 | 14977500.0000 | 35.69 |
| 2020-06-30 | 205000000.0000 | -28.07 | 32351900.0000 | -23.52 | 33512800.0000 | -20.78 | 30930100.0000 | -25.39 |
| 2020-03-31 | 90083500.0000 | -34.25 | 12699600.0000 | -37.05 | 12599600.0000 | -37.55 | 11038400.0000 | -37.11 |
| 2019-12-31 | 583000000.0000 | -3.00 | 91198300.0000 | -13.96 | 93798300.0000 | -14.73 | 90039100.0000 | -5.13 |
| 2019-09-30 | 441000000.0000 | -1.34 | 65663000.0000 | -20.02 | 65195500.0000 | -22.57 | 63290500.0000 | -13.18 |
| 2019-06-30 | 285000000.0000 | 2.89 | 42302500.0000 | -12.87 | 42305100.0000 | -16.21 | 41457600.0000 | -5.17 |
| 2018-12-31 | 601000000.0000 | 30.94 | 106000000.0000 | 32.19 | 110000000.0000 | 37.57 | 94908100.0000 | 37.90 |
| 2019-03-31 | 137000000.0000 | 20.18 | 20174900.0000 | -1.67 | 20174900.0000 | -1.72 | 17552200.0000 | -0.38 |
| 2018-06-30 | 277000000.0000 | 36.45 | 48548600.0000 | 31.63 | 50487200.0000 | 43.09 | 43719600.0000 | 44.22 |
| 2018-09-30 | 447000000.0000 | -- | 82101500.0000 | -- | 84194500.0000 | -- | 72900000.0000 | -- |
| 2017-12-31 | 459000000.0000 | 22.40 | 80188900.0000 | 63.69 | 79958500.0000 | 29.63 | 68822100.0000 | 29.06 |
| 2018-03-31 | 114000000.0000 | 45.01 | 20518400.0000 | 62.87 | 20527200.0000 | 52.54 | 17619500.0000 | 66.91 |
| 2017-06-30 | 203000000.0000 | 10.33 | 36883700.0000 | 78.67 | 35283000.0000 | 21.84 | 30315100.0000 | 10.62 |
| 2016-12-31 | 375000000.0000 | 15.38 | 48989400.0000 | 62.31 | 61683600.0000 | 84.80 | 53327400.0000 | 86.91 |
| 2017-03-31 | 78615600.0000 | -- | 12597800.0000 | -- | 13456700.0000 | -- | 10556500.0000 | -- |
| 2016-06-30 | 184000000.0000 | 35.29 | 20643000.0000 | 39.19 | 28959100.0000 | 88.89 | 27403700.0000 | 138.32 |
| 2015-12-31 | 325000000.0000 | 100.62 | 30183200.0000 | 282.26 | 33379400.0000 | 312.30 | 28531600.0000 | 377.06 |
| 2014-12-31 | 162000000.0000 | 13.29 | 7895900.0000 | 34.36 | 8095900.0000 | 35.93 | 5980700.0000 | 34.26 |
| 2015-06-30 | 136000000.0000 | 87.44 | 14831300.0000 | 308.94 | 15331300.0000 | 300.63 | 11498500.0000 | 266.32 |
| 2014-05-31 | 63338100.0000 | -- | 3823300.0000 | -- | 4023300.0000 | -- | 3335400.0000 | -- |
| 2013-12-31 | 143000000.0000 | 31.19 | 5876700.0000 | 87.16 | 5955900.0000 | 89.68 | 4454700.0000 | 90.91 |
| 2014-06-30 | 72555100.0000 | -- | 3626800.0000 | -- | 3826800.0000 | -- | 3138900.0000 | -- |
| 2012-12-31 | 109000000.0000 | -- | 3140000.0000 | -- | 3140000.0000 | -- | 2333400.0000 | -- |
| 2025-06-30 | 223000000.0000 | -37.18 | -45818100.0000 | -24.06 | -45948800.0000 | -23.44 | -45948800.0000 | -23.44 |
| 2025-09-30 | 314000000.0000 | -40.19 | -86892600.0000 | -20.28 | -87038200.0000 | -17.11 | -87038200.0000 | -17.11 |
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 | -33.15 | -32.32 | -18.05 | -41.3500 | 9.8400 | 27.42 | 0.56 |
| 2025-03 | -22.55 | -17.77 | -1.40 | -3.9300 | 1.2000 | 40.45 | 0.08 |
| 2024-03 | -20.28 | -15.73 | -1.54 | -3.4700 | 1.4700 | 17.86 | 0.10 |
| 2024-09 | -23.62 | -20.00 | -7.44 | -16.3000 | 6.4800 | 23.81 | 0.37 |
| 2024-06 | -20.28 | -16.91 | -4.21 | -9.3200 | 3.8100 | 22.89 | 0.25 |
| 2023-09 | -42.36 | -38.21 | -11.58 | -21.3700 | 6.4000 | 12.48 | 0.30 |
| 2023-12 | -38.95 | -35.34 | -15.78 | -30.4600 | 9.5100 | 14.25 | 0.45 |
| 2023-06 | -33.44 | -26.22 | -5.02 | -8.7900 | 4.1200 | 12.80 | 0.19 |
| 2023-03 | -34.17 | -21.68 | -1.65 | -2.9400 | 1.5800 | 12.55 | 0.08 |
| 2022-12 | -33.73 | -29.53 | -17.30 | -26.7000 | 12.7400 | 14.37 | 0.59 |
| 2022-06 | -17.42 | -14.01 | -3.77 | -4.7500 | 3.6900 | 12.88 | 0.27 |
| 2022-09 | -23.91 | -21.24 | -8.54 | -11.1400 | 5.6300 | 13.38 | 0.40 |
| 2021-12 | -0.50 | 1.06 | 0.34 | 0.7500 | 8.2500 | 8.06 | 0.32 |
| 2022-03 | -3.59 | -0.54 | -0.07 | 0.1800 | 1.4600 | 10.20 | 0.12 |
| 2021-09 | 1.01 | 3.12 | 0.70 | 1.2000 | 5.9700 | 6.67 | 0.22 |
| 2021-06 | 5.28 | 7.26 | 1.08 | 1.6400 | 4.8900 | 6.49 | 0.15 |
| 2020-09 | 11.14 | 15.92 | 3.63 | 4.4500 | 7.8200 | 6.49 | 0.23 |
| 2020-12 | 12.42 | 16.06 | 4.97 | 6.6000 | 13.5700 | 8.06 | 0.31 |
| 2021-03 | 10.83 | 13.51 | 0.95 | 1.2700 | 2.3100 | 6.48 | 0.07 |
| 2020-06 | 11.22 | 16.35 | 2.41 | 2.7300 | 4.1700 | 6.35 | 0.15 |
| 2020-03 | 10.03 | 13.99 | 0.94 | 0.9600 | 2.4200 | 6.12 | 0.07 |
| 2019-12 | 12.52 | 16.09 | 7.15 | 10.6500 | 13.4800 | 12.03 | 0.44 |
| 2019-09 | 12.70 | 14.78 | 4.96 | 7.6100 | 8.2400 | 11.20 | 0.34 |
| 2019-06 | 13.33 | 14.84 | 3.14 | 5.0500 | 4.3400 | 9.95 | 0.21 |
| 2018-12 | 14.81 | 18.30 | 12.88 | 18.0800 | 10.9700 | 15.76 | 0.70 |
| 2019-03 | 13.14 | 14.73 | 2.40 | -- | -- | -- | 0.16 |
| 2018-06 | 15.16 | 18.23 | 6.74 | 8.7600 | 4.5000 | -- | 0.37 |
| 2018-09 | 15.44 | 18.84 | -- | 14.1900 | -- | -- | -- |
| 2017-12 | 14.16 | 17.42 | 12.23 | 16.8000 | 6.2800 | 15.01 | 0.70 |
| 2018-03 | 13.48 | 18.01 | 2.98 | 3.6200 | 2.0900 | 14.69 | 0.17 |
| 2017-06 | 14.78 | 17.38 | 6.01 | 8.4800 | 2.7000 | 13.77 | 0.35 |
| 2016-12 | 13.07 | 16.45 | 10.00 | 33.0900 | 5.3400 | 16.08 | 0.61 |
| 2017-03 | 16.02 | 17.12 | -- | 2.9000 | -- | -- | -- |
| 2016-06 | 10.87 | 15.74 | 7.50 | 21.5400 | 3.2400 | 16.08 | 0.48 |
| 2015-12 | 9.23 | 10.27 | 11.63 | 48.6600 | 6.2100 | 27.19 | 1.13 |
| 2014-12 | 4.94 | 5.00 | 4.26 | 17.9700 | 3.4300 | 48.71 | 0.85 |
| 2015-06 | 11.03 | 11.27 | 5.74 | 20.0400 | 2.5800 | 22.05 | 0.51 |
| 2014-05 | 6.04 | 6.35 | 2.06 | -- | -- | -- | 0.32 |
| 2013-12 | 3.50 | 4.16 | 3.07 | -- | 3.9300 | 75.63 | 0.74 |
| 2014-06 | 5.00 | 5.27 | -- | 9.8500 | -- | -- | -- |
| 2012-12 | 2.75 | 2.88 | 1.71 | -- | 3.5900 | 47.81 | 0.59 |
| 2025-06 | -23.77 | -20.60 | -3.80 | -10.2800 | 3.2800 | 34.06 | 0.18 |
| 2025-09 | 100.00 | -27.72 | -- | -- | -- | -- | -- |
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 | 64.06 | 35.94 | 0.2500 | 0.1300 |
| 2025-03 | 64.99 | 35.01 | 0.2600 | 0.1100 |
| 2024-03 | 56.40 | 43.67 | 0.3500 | 0.1400 |
| 2024-09 | 57.69 | 42.38 | 0.2900 | 0.1300 |
| 2024-06 | 54.98 | 45.09 | 0.3100 | 0.1000 |
| 2023-09 | 52.08 | 47.92 | 0.4200 | 0.2300 |
| 2023-12 | 55.74 | 44.33 | 0.3700 | 0.2300 |
| 2023-06 | 47.88 | 52.12 | 0.5500 | 0.3500 |
| 2023-03 | 44.87 | 55.13 | 0.6100 | 0.3300 |
| 2022-12 | 43.37 | 56.63 | 0.3800 | 0.1700 |
| 2022-06 | 38.16 | 61.79 | 1.2600 | 0.7000 |
| 2022-09 | 42.02 | 57.98 | 0.8000 | 0.3500 |
| 2021-12 | 35.92 | 64.08 | 1.5300 | 1.1700 |
| 2022-03 | 35.25 | 64.70 | 1.4200 | 0.7500 |
| 2021-09 | 33.33 | 66.67 | 2.4500 | 1.8600 |
| 2021-06 | 32.92 | 67.08 | 3.4300 | 3.0000 |
| 2020-09 | 21.81 | 78.13 | 1.6700 | 1.4300 |
| 2020-12 | 27.09 | 72.85 | 3.0800 | 2.8700 |
| 2021-03 | 30.25 | 69.75 | 3.0500 | 2.7300 |
| 2020-06 | 17.47 | 82.60 | 1.8500 | 1.5700 |
| 2020-03 | 15.63 | 84.44 | 2.8400 | 2.6300 |
| 2019-12 | 14.65 | 85.35 | 5.0200 | 4.8400 |
| 2019-09 | 17.03 | 83.04 | 4.4000 | 4.1000 |
| 2019-06 | 20.62 | 79.38 | 3.9600 | 3.7100 |
| 2018-12 | 33.02 | 66.98 | 2.0300 | 1.8700 |
| 2019-03 | 29.85 | 70.15 | 2.2600 | 2.2600 |
| 2018-06 | 30.44 | 69.56 | 1.9000 | 1.6600 |
| 2018-09 | -- | -- | -- | -- |
| 2017-12 | 27.06 | 72.94 | 1.9200 | 1.6500 |
| 2018-03 | 28.16 | 71.84 | 1.9100 | 1.6200 |
| 2017-06 | 25.21 | 74.79 | 1.9900 | 1.6500 |
| 2016-12 | 64.02 | 35.98 | 1.0000 | 0.7600 |
| 2017-03 | -- | -- | -- | -- |
| 2016-06 | 48.96 | 51.04 | 0.9300 | 0.6000 |
| 2015-12 | 65.16 | 34.84 | 0.4200 | 0.1300 |
| 2014-12 | 81.05 | 19.09 | 0.3700 | 0.0500 |
| 2015-06 | 70.79 | 29.40 | 0.4200 | 0.1300 |
| 2014-05 | 83.08 | 17.24 | -- | -- |
| 2013-12 | 84.02 | 15.61 | 0.3300 | 0.0500 |
| 2014-06 | -- | -- | -- | -- |
| 2012-12 | 85.87 | 14.04 | 0.2400 | 0.0500 |
| 2025-06 | 66.28 | 33.72 | 0.2000 | 0.0800 |
| 2025-09 | -- | -- | -- | -- |
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 | 968000000.0000 | 3953600.0000 | 47374400.0000 | 28105900.0000 |
| 2025-03 | 125000000.0000 | 659900.0000 | 8728400.0000 | 6706100.0000 |
| 2024-03 | 172000000.0000 | 760800.0000 | 15634900.0000 | 7102900.0000 |
| 2024-09 | 649000000.0000 | 2311700.0000 | 46194400.0000 | 20874300.0000 |
| 2024-06 | 427000000.0000 | 1511400.0000 | 29469400.0000 | 14253300.0000 |
| 2023-09 | 652000000.0000 | 2243400.0000 | 43801000.0000 | 17285100.0000 |
| 2023-12 | 924000000.0000 | 3597200.0000 | 59534800.0000 | 23798400.0000 |
| 2023-06 | 403000000.0000 | 1506800.0000 | 26909500.0000 | 11357500.0000 |
| 2023-03 | 161000000.0000 | 742800.0000 | 12290800.0000 | 5466300.0000 |
| 2022-12 | 1241000000.0000 | 4790100.0000 | 51186300.0000 | 19965700.0000 |
| 2022-06 | 573000000.0000 | 2465400.0000 | 28508800.0000 | 9222300.0000 |
| 2022-09 | 881000000.0000 | 3848100.0000 | 37286500.0000 | 13064400.0000 |
| 2021-12 | 600000000.0000 | 6012600.0000 | 33657300.0000 | 12309500.0000 |
| 2022-03 | 231000000.0000 | 1324200.0000 | 10858500.0000 | 4112400.0000 |
| 2021-09 | 394000000.0000 | 3979300.0000 | 24235200.0000 | 1246600.0000 |
| 2021-06 | 251000000.0000 | 2510000.0000 | 15507600.0000 | 7160000.0000 |
| 2020-09 | 303000000.0000 | 2037800.0000 | 12161300.0000 | 3403400.0000 |
| 2020-12 | 437000000.0000 | 3138000.0000 | 18953000.0000 | -3329300.0000 |
| 2021-03 | 107000000.0000 | 917700.0000 | 5286100.0000 | 139900.0000 |
| 2020-06 | 182000000.0000 | 1251800.0000 | 7503800.0000 | 4212600.0000 |
| 2020-03 | 81050000.0000 | 1314700.0000 | 3611800.0000 | 633600.0000 |
| 2019-12 | 510000000.0000 | 7286500.0000 | 19954100.0000 | 10711700.0000 |
| 2019-09 | 385000000.0000 | 5265500.0000 | 14772100.0000 | 6013600.0000 |
| 2019-06 | 247000000.0000 | 3225800.0000 | 7496800.0000 | 7691500.0000 |
| 2018-12 | 512000000.0000 | 5998100.0000 | 13164600.0000 | 12296300.0000 |
| 2019-03 | 119000000.0000 | 1138400.0000 | 3165200.0000 | 2622100.0000 |
| 2018-06 | 235000000.0000 | 2567400.0000 | 6831100.0000 | 5778300.0000 |
| 2018-09 | 378000000.0000 | 4104000.0000 | 9773900.0000 | 6381600.0000 |
| 2017-12 | 394000000.0000 | 5670900.0000 | 13536100.0000 | 9292400.0000 |
| 2018-03 | 98635400.0000 | 820300.0000 | 7079500.0000 | 2217000.0000 |
| 2017-06 | 173000000.0000 | 2546800.0000 | 7567900.0000 | 4029600.0000 |
| 2016-12 | 326000000.0000 | 2409200.0000 | 8637600.0000 | 6794400.0000 |
| 2017-03 | 66017800.0000 | 1215500.0000 | 6172200.0000 | 1889700.0000 |
| 2016-06 | 164000000.0000 | 1264000.0000 | 9388500.0000 | 6529300.0000 |
| 2015-12 | 295000000.0000 | 1693100.0000 | 21424100.0000 | 12496000.0000 |
| 2014-12 | 154000000.0000 | 973100.0000 | 12430900.0000 | 10403900.0000 |
| 2015-06 | 121000000.0000 | 746100.0000 | 6757600.0000 | 5914600.0000 |
| 2014-05 | 59514800.0000 | 357000.0000 | 3798400.0000 | 4312900.0000 |
| 2013-12 | 138000000.0000 | 1014000.0000 | 10903900.0000 | 7539600.0000 |
| 2014-06 | 68928300.0000 | 460900.0000 | 5136700.0000 | 4764000.0000 |
| 2012-12 | 106000000.0000 | 850300.0000 | 7329100.0000 | 6184000.0000 |
| 2025-06 | 276000000.0000 | 1286000.0000 | 16530200.0000 | 13341700.0000 |
| 2025-09 | -- | 1691700.0000 | 27364900.0000 | 19753500.0000 |