中商官网
研究报告
新华网（603888）
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 | 2142000000.0000 | 2.88 | 350000000.0000 | 42.86 | 367000000.0000 | 101.65 | 234000000.0000 | -14.60 |
| 2025-03-31 | 333000000.0000 | 0.30 | 40738200.0000 | 8.59 | 40269500.0000 | 5.72 | 38656500.0000 | 41.43 |
| 2024-09-30 | 1210000000.0000 | -0.98 | 185000000.0000 | 24.16 | 188000000.0000 | 26.17 | 156000000.0000 | 6.12 |
| 2024-03-31 | 332000000.0000 | 2.15 | 37516900.0000 | 35.72 | 38091900.0000 | 34.15 | 27332200.0000 | 5.87 |
| 2024-06-30 | 792000000.0000 | -2.94 | 140000000.0000 | 22.81 | 144000000.0000 | 25.22 | 118000000.0000 | 5.36 |
| 2023-09-30 | 1222000000.0000 | 6.63 | 149000000.0000 | 27.35 | 149000000.0000 | 9.56 | 147000000.0000 | 10.53 |
| 2023-12-31 | 2082000000.0000 | 7.26 | 245000000.0000 | 6.99 | 182000000.0000 | -26.61 | 274000000.0000 | 13.22 |
| 2022-12-31 | 1941000000.0000 | 12.59 | 229000000.0000 | 15.08 | 248000000.0000 | 20.39 | 242000000.0000 | 14.69 |
| 2023-06-30 | 816000000.0000 | 16.41 | 114000000.0000 | 26.52 | 115000000.0000 | 7.48 | 112000000.0000 | 9.80 |
| 2023-03-31 | 325000000.0000 | 7.26 | 27643600.0000 | 25.36 | 28395900.0000 | 28.67 | 25817600.0000 | 27.23 |
| 2022-09-30 | 1146000000.0000 | 9.35 | 117000000.0000 | -1.68 | 136000000.0000 | 29.52 | 133000000.0000 | 19.82 |
| 2022-06-30 | 701000000.0000 | 10.22 | 90102300.0000 | -1.83 | 107000000.0000 | 34.34 | 102000000.0000 | 23.72 |
| 2022-03-31 | 303000000.0000 | 8.99 | 22051300.0000 | 132.03 | 22068300.0000 | 191.87 | 20292600.0000 | 197.77 |
| 2021-06-30 | 636000000.0000 | 43.57 | 91781000.0000 | -1055.35 | 79649300.0000 | 90616.74 | 82446200.0000 | 2220.14 |
| 2021-09-30 | 1048000000.0000 | 45.76 | 119000000.0000 | -1277.68 | 105000000.0000 | 85965.57 | 111000000.0000 | 2406.66 |
| 2020-12-31 | 1433000000.0000 | -8.73 | 151000000.0000 | -31.36 | 160000000.0000 | -44.44 | 165000000.0000 | -42.71 |
| 2020-09-30 | 719000000.0000 | -22.19 | -10104600.0000 | -107.38 | 122000.0000 | -99.92 | 4428200.0000 | -97.18 |
| 2021-03-31 | 278000000.0000 | 91.72 | 9503700.0000 | -116.13 | 7560900.0000 | -112.84 | 6814900.0000 | -111.64 |
| 2020-06-30 | 443000000.0000 | -26.04 | -9607100.0000 | -109.96 | 87800.0000 | -99.93 | 3553500.0000 | -96.94 |
| 2020-03-31 | 145000000.0000 | -43.80 | -58914400.0000 | -307.70 | -58900900.0000 | -253.47 | -58543100.0000 | -258.27 |
| 2019-12-31 | 1570000000.0000 | 0.06 | 220000000.0000 | -11.65 | 288000000.0000 | 0.35 | 288000000.0000 | 1.77 |
| 2019-09-30 | 924000000.0000 | -4.35 | 137000000.0000 | -12.18 | 159000000.0000 | -9.14 | 157000000.0000 | -9.77 |
| 2019-03-31 | 258000000.0000 | 5.31 | 28365000.0000 | 21.65 | 38379600.0000 | 65.77 | 36989200.0000 | 61.16 |
| 2019-06-30 | 599000000.0000 | 1.18 | 96445200.0000 | 4.62 | 118000000.0000 | 6.31 | 116000000.0000 | 5.45 |
| 2018-12-31 | 1569000000.0000 | 4.46 | 249000000.0000 | 0.81 | 287000000.0000 | 1.06 | 283000000.0000 | 0.00 |
| 2018-06-30 | 592000000.0000 | 5.15 | 92190100.0000 | 14.25 | 111000000.0000 | 2.78 | 110000000.0000 | 2.80 |
| 2018-09-30 | 966000000.0000 | 7.10 | 156000000.0000 | 6.12 | 175000000.0000 | 0.57 | 174000000.0000 | 1.16 |
| 2018-03-31 | 245000000.0000 | 18.36 | 23316100.0000 | 7.00 | 23152900.0000 | 6.48 | 22952400.0000 | 7.95 |
| 2017-12-31 | 1502000000.0000 | 10.36 | 247000000.0000 | -10.18 | 284000000.0000 | 1.07 | 283000000.0000 | 1.07 |
| 2017-06-30 | 563000000.0000 | 5.83 | 80689000.0000 | -19.31 | 108000000.0000 | 5.88 | 107000000.0000 | 4.90 |
| 2017-09-30 | 902000000.0000 | 13.46 | 147000000.0000 | -6.96 | 174000000.0000 | 8.07 | 172000000.0000 | 6.83 |
| 2017-03-31 | 207000000.0000 | 22.49 | 21791600.0000 | 20.68 | 21743900.0000 | 13.48 | 21261400.0000 | 10.96 |
| 2016-09-30 | 795000000.0000 | 46.95 | 158000000.0000 | 8.22 | 161000000.0000 | 6.62 | 161000000.0000 | 6.62 |
| 2016-12-31 | 1361000000.0000 | 36.37 | 275000000.0000 | 8.27 | 281000000.0000 | 7.66 | 280000000.0000 | 7.28 |
| 2016-06-30 | 532000000.0000 | -- | 100000000.0000 | -- | 102000000.0000 | -- | 102000000.0000 | -- |
| 2016-03-31 | 169000000.0000 | -- | 18057500.0000 | -- | 19161400.0000 | -- | 19161400.0000 | -- |
| 2015-12-31 | 998000000.0000 | 57.41 | 254000000.0000 | 46.82 | 261000000.0000 | 41.85 | 261000000.0000 | 41.85 |
| 2015-09-30 | 541000000.0000 | -- | 146000000.0000 | -- | 151000000.0000 | -- | 151000000.0000 | -- |
| 2012-12-31 | 331000000.0000 | 19.06 | 122000000.0000 | 18.45 | 136000000.0000 | 18.26 | 136000000.0000 | 3.82 |
| 2013-12-31 | 456000000.0000 | 37.76 | 158000000.0000 | 29.51 | 168000000.0000 | 23.53 | 168000000.0000 | 23.53 |
| 2014-12-31 | 634000000.0000 | 39.04 | 173000000.0000 | 9.49 | 184000000.0000 | 9.52 | 184000000.0000 | 9.52 |
| 2011-12-31 | 278000000.0000 | -- | 103000000.0000 | -- | 115000000.0000 | -- | 131000000.0000 | -- |
| 2021-12-31 | 1724000000.0000 | 20.31 | 199000000.0000 | 31.79 | 206000000.0000 | 28.75 | 211000000.0000 | 27.88 |
| 2025-06-30 | 811000000.0000 | 2.40 | 155000000.0000 | 10.71 | 158000000.0000 | 9.72 | 154000000.0000 | 30.51 |
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 | 11.20 | 17.13 | 7.15 | 6.7000 | 154.6700 | 5.23 | 0.42 |
| 2025-03 | 9.01 | 12.09 | 0.83 | 1.1000 | 38.4400 | 3.30 | 0.07 |
| 2024-09 | 13.97 | 15.54 | 3.79 | 4.4400 | 136.1700 | 4.03 | 0.24 |
| 2024-03 | 10.54 | 11.47 | 0.77 | 0.7900 | 33.4900 | 3.52 | 0.07 |
| 2024-06 | 16.29 | 18.18 | 2.89 | 3.3900 | 83.7800 | 3.94 | 0.16 |
| 2023-09 | 8.18 | 12.19 | 3.13 | 4.3900 | 57.9700 | 3.87 | 0.26 |
| 2023-12 | 7.11 | 8.74 | 3.51 | 8.1400 | 109.1700 | 5.11 | 0.40 |
| 2022-12 | 7.73 | 12.78 | 4.79 | 7.5400 | 82.4700 | 4.82 | 0.37 |
| 2023-06 | 8.82 | 14.09 | 2.28 | 3.3700 | 35.0900 | 3.89 | 0.16 |
| 2023-03 | 2.46 | 8.74 | 0.57 | 0.7800 | 14.9700 | 3.05 | 0.07 |
| 2022-09 | 4.62 | 11.87 | 2.82 | 4.1800 | 44.9700 | 4.14 | 0.24 |
| 2022-06 | 5.56 | 15.26 | 2.25 | 3.1900 | 28.2100 | 3.97 | 0.15 |
| 2022-03 | -0.99 | 7.28 | 0.47 | 0.6400 | 12.5800 | 3.57 | 0.06 |
| 2021-06 | -3.46 | 12.52 | 1.74 | 2.7100 | 176.7200 | 2.66 | 0.14 |
| 2021-09 | 0.86 | 10.02 | 2.30 | 3.6400 | 283.8600 | 3.21 | 0.23 |
| 2020-12 | 5.30 | 11.17 | 3.66 | 5.5100 | 336.5600 | 2.37 | 0.33 |
| 2020-09 | -8.48 | 0.02 | 0.00 | 0.1500 | 171.7600 | 1.44 | 0.18 |
| 2021-03 | -2.88 | 2.72 | 0.17 | 0.2300 | 78.6100 | 2.36 | 0.06 |
| 2020-06 | -8.35 | 0.02 | 0.00 | 0.1200 | 105.3400 | 1.28 | 0.11 |
| 2020-03 | -48.97 | -40.62 | -1.46 | -2.0000 | 44.3700 | 0.84 | 0.04 |
| 2019-12 | 7.71 | 18.34 | 6.86 | 9.9600 | 384.2200 | 2.37 | 0.37 |
| 2019-09 | 8.66 | 17.21 | 3.98 | 5.4100 | 228.6900 | 1.92 | 0.23 |
| 2019-03 | -0.78 | 14.88 | 1.01 | 1.3100 | 66.5900 | 1.72 | 0.07 |
| 2019-06 | 9.52 | 19.70 | 3.07 | 4.0400 | 139.9100 | 1.91 | 0.16 |
| 2018-12 | 12.87 | 18.29 | 7.25 | 10.1600 | 414.4000 | 2.85 | 0.40 |
| 2018-06 | 14.02 | 18.75 | 3.04 | 3.9800 | 137.7000 | 2.18 | 0.16 |
| 2018-09 | 12.63 | 18.12 | 4.64 | 6.2200 | 167.8100 | 2.35 | 0.26 |
| 2018-03 | 8.57 | 9.45 | 0.64 | 0.8700 | 57.9900 | 1.93 | 0.07 |
| 2017-12 | 10.05 | 18.91 | 7.55 | 11.1000 | 559.9100 | 3.17 | 0.40 |
| 2017-06 | 11.55 | 19.18 | 3.04 | 4.4100 | 120.1700 | 2.20 | 0.16 |
| 2017-09 | 9.20 | 19.29 | 4.87 | 6.8300 | 231.4400 | 2.36 | 0.25 |
| 2017-03 | 7.25 | 10.50 | 0.65 | 0.8800 | 63.4700 | 1.79 | 0.06 |
| 2016-09 | 20.50 | 20.25 | 8.50 | 19.0000 | 668.8100 | 3.01 | 0.42 |
| 2016-12 | 20.43 | 20.65 | 8.56 | 19.7800 | 1206.9000 | 3.59 | 0.41 |
| 2016-06 | 19.36 | 19.17 | 5.62 | 9.2700 | 5980.2900 | 2.92 | 0.29 |
| 2016-03 | 10.65 | 11.34 | -- | 2.3000 | -- | -- | -- |
| 2015-12 | 25.15 | 26.15 | 14.80 | 28.8300 | 11238.5100 | 3.81 | 0.57 |
| 2015-09 | 27.17 | 27.91 | -- | 0.2200 | -- | -- | -- |
| 2012-12 | 36.86 | 41.09 | 13.55 | 27.1400 | 243.9800 | 5.77 | 0.33 |
| 2013-12 | 34.87 | 36.84 | 14.45 | 26.6800 | 602.8000 | 5.09 | 0.39 |
| 2014-12 | 27.29 | 29.02 | 13.55 | 24.9100 | 2959.1600 | 3.89 | 0.47 |
| 2011-12 | 37.05 | 41.37 | 18.73 | 85.7100 | 165.3400 | 4.26 | 0.45 |
| 2021-12 | 2.49 | 11.95 | 4.26 | 6.8200 | 123.7900 | 4.06 | 0.36 |
| 2025-06 | 17.63 | 19.48 | -- | -- | -- | -- | -- |
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 | 31.97 | 68.03 | 2.4700 | 2.2800 |
| 2025-03 | 27.12 | 72.90 | 3.0700 | 2.8200 |
| 2024-09 | 29.98 | 70.02 | 2.7300 | 2.5100 |
| 2024-03 | 29.68 | 70.32 | 3.8200 | 3.5700 |
| 2024-06 | 31.18 | 68.82 | 3.5100 | 3.3100 |
| 2023-09 | 30.42 | 69.60 | 3.6100 | 3.3300 |
| 2023-12 | 33.76 | 66.24 | 3.1700 | 2.9900 |
| 2022-12 | 36.67 | 63.33 | 3.2000 | 3.0400 |
| 2023-06 | 35.01 | 64.97 | 3.3600 | 3.2000 |
| 2023-03 | 33.60 | 66.40 | 3.6700 | 3.4500 |
| 2022-09 | 34.23 | 65.77 | 3.7300 | 3.4600 |
| 2022-06 | 33.64 | 66.36 | 3.9200 | 3.5700 |
| 2022-03 | 32.24 | 67.76 | 4.1100 | 3.9800 |
| 2021-06 | 34.28 | 65.72 | 4.3300 | 4.2800 |
| 2021-09 | 33.75 | 66.25 | 4.3400 | 4.2700 |
| 2020-12 | 31.30 | 68.70 | 4.8700 | 4.8200 |
| 2020-09 | 28.96 | 71.04 | 6.8800 | 6.7300 |
| 2021-03 | 30.87 | 69.15 | 5.8000 | 5.7000 |
| 2020-06 | 29.36 | 70.64 | 6.6900 | 6.5700 |
| 2020-03 | 27.93 | 72.07 | 7.9900 | 7.8500 |
| 2019-12 | 29.42 | 70.61 | 6.6700 | 6.5900 |
| 2019-09 | 29.35 | 70.63 | 7.6700 | 6.3200 |
| 2019-03 | 25.58 | 74.42 | 7.2400 | 5.6900 |
| 2019-06 | 27.62 | 72.38 | 6.3400 | 5.0900 |
| 2018-12 | 27.77 | 72.23 | 5.5800 | 5.2500 |
| 2018-06 | 24.36 | 75.64 | 7.6900 | 6.4000 |
| 2018-09 | 25.42 | 74.58 | 7.1900 | 6.0700 |
| 2018-03 | 23.70 | 76.30 | 8.0300 | 6.6700 |
| 2017-12 | 26.38 | 73.62 | 6.1000 | 5.9800 |
| 2017-06 | 25.52 | 74.48 | 6.2200 | 5.2100 |
| 2017-09 | 24.27 | 75.73 | 7.5500 | 5.3900 |
| 2017-03 | 25.98 | 74.02 | 7.0600 | 6.9100 |
| 2016-09 | 38.23 | 61.72 | 4.1700 | 4.1200 |
| 2016-12 | 28.14 | 71.86 | 6.5300 | 4.5200 |
| 2016-06 | 37.10 | 62.90 | 5.0600 | 5.0100 |
| 2016-03 | -- | -- | -- | -- |
| 2015-12 | 39.59 | 60.41 | 4.6900 | 4.6500 |
| 2015-09 | -- | -- | -- | -- |
| 2012-12 | 42.93 | 57.07 | 13.7000 | 13.6800 |
| 2013-12 | 40.07 | 59.93 | 9.2000 | 9.1400 |
| 2014-12 | 38.81 | 61.19 | 8.1500 | 7.8700 |
| 2011-12 | 64.33 | 35.67 | 3.2500 | 3.2400 |
| 2021-12 | 34.71 | 65.29 | 3.6000 | 3.5000 |
| 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 | 1902000000.0000 | 273000000.0000 | 189000000.0000 | -4514000.0000 |
| 2025-03 | 303000000.0000 | 53462000.0000 | 23328400.0000 | -8584500.0000 |
| 2024-09 | 1041000000.0000 | 152000000.0000 | 71828000.0000 | -41304900.0000 |
| 2024-03 | 297000000.0000 | 52273900.0000 | 22274200.0000 | -15975100.0000 |
| 2024-06 | 663000000.0000 | 100000000.0000 | 45020700.0000 | -2112300.0000 |
| 2023-09 | 1122000000.0000 | 168000000.0000 | 84147600.0000 | -36158600.0000 |
| 2023-12 | 1934000000.0000 | 262000000.0000 | 177000000.0000 | -5436300.0000 |
| 2022-12 | 1791000000.0000 | 258000000.0000 | 121000000.0000 | -1335200.0000 |
| 2023-06 | 744000000.0000 | 105000000.0000 | 54654800.0000 | -611500.0000 |
| 2023-03 | 317000000.0000 | 58289200.0000 | 23977700.0000 | -10509200.0000 |
| 2022-09 | 1093000000.0000 | 153000000.0000 | 79147600.0000 | -30559400.0000 |
| 2022-06 | 662000000.0000 | 97980300.0000 | 50809300.0000 | -3206000.0000 |
| 2022-03 | 306000000.0000 | 47297100.0000 | 25919900.0000 | -9934300.0000 |
| 2021-06 | 658000000.0000 | 109000000.0000 | 46655700.0000 | -2093600.0000 |
| 2021-09 | 1039000000.0000 | 164000000.0000 | 75396900.0000 | -23666300.0000 |
| 2020-12 | 1357000000.0000 | 229000000.0000 | 113000000.0000 | -5041700.0000 |
| 2020-09 | 780000000.0000 | 141000000.0000 | 65135600.0000 | -16529700.0000 |
| 2021-03 | 286000000.0000 | 51191000.0000 | 22314800.0000 | -6859200.0000 |
| 2020-06 | 480000000.0000 | 90918100.0000 | 43891600.0000 | -7822000.0000 |
| 2020-03 | 216000000.0000 | 44476800.0000 | 19322000.0000 | -5233600.0000 |
| 2019-12 | 1449000000.0000 | 253000000.0000 | 103000000.0000 | -11386300.0000 |
| 2019-09 | 844000000.0000 | 153000000.0000 | 70378400.0000 | -19485400.0000 |
| 2019-03 | 260000000.0000 | 54614200.0000 | 24553500.0000 | -6846500.0000 |
| 2019-06 | 542000000.0000 | 109000000.0000 | 46574000.0000 | -12493000.0000 |
| 2018-12 | 1367000000.0000 | 277000000.0000 | 87538800.0000 | -15441000.0000 |
| 2018-06 | 509000000.0000 | 110000000.0000 | 36404100.0000 | -14314900.0000 |
| 2018-09 | 844000000.0000 | 173000000.0000 | 63063300.0000 | -22635900.0000 |
| 2018-03 | 224000000.0000 | 49418600.0000 | 18122100.0000 | -6723800.0000 |
| 2017-12 | 1351000000.0000 | 299000000.0000 | 76742100.0000 | -12101900.0000 |
| 2017-06 | 498000000.0000 | 108000000.0000 | 64965000.0000 | -8047800.0000 |
| 2017-09 | 819000000.0000 | 171000000.0000 | 56033900.0000 | -11874400.0000 |
| 2017-03 | 192000000.0000 | 60446100.0000 | 29232600.0000 | -4097700.0000 |
| 2016-09 | 632000000.0000 | 126000000.0000 | 64739900.0000 | -8667300.0000 |
| 2016-12 | 1083000000.0000 | 269000000.0000 | 81081900.0000 | -12684900.0000 |
| 2016-06 | 429000000.0000 | 81632500.0000 | 44692300.0000 | -5372200.0000 |
| 2016-03 | 151000000.0000 | 38473500.0000 | 24028100.0000 | -5597700.0000 |
| 2015-12 | 747000000.0000 | 225000000.0000 | 70662400.0000 | -14119000.0000 |
| 2015-09 | 394000000.0000 | 134000000.0000 | 52310100.0000 | -12887500.0000 |
| 2012-12 | 209000000.0000 | 36688500.0000 | 32458100.0000 | -17343600.0000 |
| 2013-12 | 297000000.0000 | 87155100.0000 | 46749900.0000 | -20766900.0000 |
| 2014-12 | 461000000.0000 | 129000000.0000 | 57814500.0000 | -14865800.0000 |
| 2011-12 | 175000000.0000 | 26506800.0000 | 8525300.0000 | -2450800.0000 |
| 2021-12 | 1681000000.0000 | 256000000.0000 | 118000000.0000 | -44400.0000 |
| 2025-06 | 668000000.0000 | 104000000.0000 | 52285800.0000 | -2069700.0000 |