中商官网
研究报告
莱绅通灵（603900）
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 （%) |
| 2025-03-31 | 371000000.0000 | 53.31 | 29145500.0000 | -221.78 | 29116800.0000 | -225.42 | 28196400.0000 | -249.50 |
| 2024-09-30 | 882000000.0000 | 55.83 | -55029100.0000 | 104.63 | -54307700.0000 | 106.63 | -46641400.0000 | 140.73 |
| 2024-12-31 | 1222000000.0000 | 66.71 | -189000000.0000 | 94.14 | -189000000.0000 | 94.51 | -185000000.0000 | 141.23 |
| 2024-03-31 | 242000000.0000 | -3.20 | -23933400.0000 | -223.82 | -23215400.0000 | -214.67 | -18860000.0000 | -219.73 |
| 2024-06-30 | 635000000.0000 | 48.71 | -45550700.0000 | -736.43 | -44741000.0000 | -624.34 | -37305100.0000 | -712.98 |
| 2023-12-31 | 733000000.0000 | -19.63 | -97351800.0000 | 86.05 | -97166100.0000 | 83.39 | -76689400.0000 | 99.07 |
| 2023-06-30 | 427000000.0000 | -21.36 | 7157200.0000 | 892.54 | 8532900.0000 | 126.59 | 6085900.0000 | -1.99 |
| 2023-09-30 | 566000000.0000 | -26.97 | -26891800.0000 | 2405.06 | -26283000.0000 | -1561.47 | -19374700.0000 | -421.58 |
| 2023-03-31 | 250000000.0000 | -22.36 | 19329300.0000 | -9.29 | 20244800.0000 | -6.43 | 15751700.0000 | 3.08 |
| 2022-12-31 | 912000000.0000 | -31.12 | -52325200.0000 | -231.31 | -52984600.0000 | -196.85 | -38522900.0000 | -201.03 |
| 2022-06-30 | 543000000.0000 | -31.27 | 721100.0000 | -99.44 | 3765800.0000 | -97.21 | 6209700.0000 | -93.85 |
| 2022-09-30 | 775000000.0000 | -28.70 | -1073500.0000 | -100.92 | 1798400.0000 | -98.64 | 6024800.0000 | -94.09 |
| 2022-03-31 | 322000000.0000 | -26.65 | 21310000.0000 | -73.95 | 21635100.0000 | -74.10 | 15281500.0000 | -75.37 |
| 2021-12-31 | 1324000000.0000 | 7.91 | 39848100.0000 | -71.12 | 54709500.0000 | -62.53 | 38130000.0000 | -63.34 |
| 2021-09-30 | 1087000000.0000 | 23.24 | 117000000.0000 | -3.31 | 132000000.0000 | 6.45 | 102000000.0000 | 10.21 |
| 2021-03-31 | 439000000.0000 | 98.64 | 81811400.0000 | 497.74 | 83517700.0000 | 434.02 | 62049600.0000 | 430.38 |
| 2021-06-30 | 790000000.0000 | 46.57 | 128000000.0000 | 51.71 | 135000000.0000 | 53.51 | 101000000.0000 | 54.02 |
| 2020-09-30 | 882000000.0000 | -13.78 | 121000000.0000 | -27.98 | 124000000.0000 | -35.75 | 92549400.0000 | -35.73 |
| 2020-12-31 | 1227000000.0000 | -6.97 | 138000000.0000 | -25.41 | 146000000.0000 | -32.09 | 104000000.0000 | -32.03 |
| 2020-03-31 | 221000000.0000 | -51.85 | 13686800.0000 | -86.71 | 15639400.0000 | -86.86 | 11699000.0000 | -86.79 |
| 2020-06-30 | 539000000.0000 | -27.26 | 84373100.0000 | -42.21 | 87941600.0000 | -47.96 | 65575300.0000 | -47.96 |
| 2019-12-31 | 1319000000.0000 | -20.69 | 185000000.0000 | -29.66 | 215000000.0000 | -24.30 | 153000000.0000 | -26.79 |
| 2019-09-30 | 1023000000.0000 | -22.79 | 168000000.0000 | -37.55 | 193000000.0000 | -32.28 | 144000000.0000 | -32.39 |
| 2019-06-30 | 741000000.0000 | -24.31 | 146000000.0000 | -35.96 | 169000000.0000 | -27.78 | 126000000.0000 | -27.59 |
| 2019-03-31 | 459000000.0000 | -11.56 | 103000000.0000 | -29.93 | 119000000.0000 | -20.67 | 88569800.0000 | -20.92 |
| 2018-12-31 | 1663000000.0000 | -15.33 | 263000000.0000 | -34.74 | 284000000.0000 | -31.07 | 209000000.0000 | -32.36 |
| 2018-06-30 | 979000000.0000 | 0.00 | 228000000.0000 | -8.06 | 234000000.0000 | -6.77 | 174000000.0000 | -8.90 |
| 2018-09-30 | 1325000000.0000 | -8.93 | 269000000.0000 | -16.46 | 285000000.0000 | -12.31 | 213000000.0000 | -13.41 |
| 2017-12-31 | 1964000000.0000 | 18.96 | 403000000.0000 | 34.78 | 412000000.0000 | 37.33 | 309000000.0000 | 39.82 |
| 2018-03-31 | 519000000.0000 | -4.42 | 147000000.0000 | 1.38 | 150000000.0000 | 2.04 | 112000000.0000 | 1.82 |
| 2017-09-30 | 1455000000.0000 | 18.78 | 322000000.0000 | 37.02 | 325000000.0000 | 38.30 | 246000000.0000 | 41.38 |
| 2017-06-30 | 979000000.0000 | 16.00 | 248000000.0000 | 29.17 | 251000000.0000 | 30.73 | 191000000.0000 | 32.64 |
| 2017-03-31 | 543000000.0000 | 22.30 | 145000000.0000 | 29.46 | 147000000.0000 | 30.09 | 110000000.0000 | 30.33 |
| 2016-09-30 | 1225000000.0000 | 11.97 | 235000000.0000 | 25.00 | 235000000.0000 | 25.67 | 174000000.0000 | 23.40 |
| 2016-12-31 | 1651000000.0000 | 10.73 | 299000000.0000 | 26.16 | 300000000.0000 | 24.48 | 221000000.0000 | 22.10 |
| 2015-12-31 | 1491000000.0000 | 4.12 | 237000000.0000 | 2.60 | 241000000.0000 | 4.33 | 181000000.0000 | 5.85 |
| 2016-03-31 | 444000000.0000 | -- | 112000000.0000 | -- | 113000000.0000 | -- | 84404000.0000 | -- |
| 2016-06-30 | 844000000.0000 | -- | 192000000.0000 | -- | 192000000.0000 | -- | 144000000.0000 | -- |
| 2015-09-30 | 1094000000.0000 | -- | 188000000.0000 | -- | 187000000.0000 | -- | 141000000.0000 | -- |
| 2014-12-31 | 1432000000.0000 | 23.24 | 231000000.0000 | 40.85 | 231000000.0000 | 40.85 | 171000000.0000 | 48.70 |
| 2012-12-31 | 1168000000.0000 | -6.86 | 101000000.0000 | -58.94 | 107000000.0000 | -57.87 | 71219100.0000 | -60.65 |
| 2013-12-31 | 1162000000.0000 | -0.51 | 164000000.0000 | 62.38 | 164000000.0000 | 53.27 | 115000000.0000 | 61.47 |
| 2011-12-31 | 1254000000.0000 | -- | 246000000.0000 | -- | 254000000.0000 | -- | 181000000.0000 | -- |
| 2025-06-30 | 870000000.0000 | 37.01 | 64113900.0000 | -240.75 | 63898500.0000 | -242.82 | 60287800.0000 | -261.61 |
| 2025-09-30 | 1200000000.0000 | 36.05 | 73012800.0000 | -232.68 | 72645700.0000 | -233.77 | 68451400.0000 | -246.76 |
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) |
| 2025-03 | 9.70 | 7.85 | 1.28 | 1.4700 | 0.1300 | 14.60 | 0.16 |
| 2024-09 | -5.56 | -6.16 | -2.27 | -2.2100 | 0.3500 | 19.67 | 0.37 |
| 2024-12 | -14.98 | -15.47 | -8.27 | -9.0900 | 0.5100 | 16.53 | 0.54 |
| 2024-03 | -9.09 | -9.59 | -0.95 | -0.8900 | 0.0900 | 14.23 | 0.10 |
| 2024-06 | -6.61 | -7.05 | -1.84 | -1.7600 | 0.2700 | 18.43 | 0.26 |
| 2023-12 | -14.05 | -13.26 | -4.04 | -3.5100 | 0.2300 | 13.73 | 0.31 |
| 2023-06 | 0.70 | 2.00 | 0.34 | 0.2700 | 0.1300 | 15.73 | 0.17 |
| 2023-09 | -5.65 | -4.64 | -1.06 | -0.8800 | 0.1700 | 14.75 | 0.23 |
| 2023-03 | 6.80 | 8.10 | 0.79 | 0.7200 | 0.0800 | 17.85 | 0.10 |
| 2022-12 | -6.91 | -5.81 | -2.07 | -1.7800 | 0.2700 | 14.38 | 0.36 |
| 2022-06 | -0.37 | 0.69 | 0.14 | 0.2300 | 0.1600 | 14.46 | 0.21 |
| 2022-09 | -0.77 | 0.23 | 0.07 | 0.1800 | 0.2300 | 14.99 | 0.30 |
| 2022-03 | 5.90 | 6.72 | 0.81 | 0.6400 | 0.0900 | 16.21 | 0.12 |
| 2021-12 | 2.04 | 4.13 | 2.08 | 1.6800 | 0.3900 | 15.54 | 0.50 |
| 2021-09 | 9.84 | 12.14 | 4.93 | 4.3800 | 0.3100 | 16.38 | 0.41 |
| 2021-03 | 17.54 | 19.02 | 3.00 | 2.6400 | 0.1300 | 16.87 | 0.16 |
| 2021-06 | 15.06 | 17.09 | 4.88 | 4.2600 | 0.2300 | 16.22 | 0.29 |
| 2020-09 | 12.24 | 14.06 | 4.75 | 3.9700 | 0.2300 | 11.45 | 0.34 |
| 2020-12 | 9.70 | 11.90 | 5.51 | 4.4900 | 0.3300 | 12.60 | 0.46 |
| 2020-03 | 4.98 | 7.08 | 0.59 | 0.5100 | 0.0600 | 10.02 | 0.08 |
| 2020-06 | 13.91 | 16.32 | 3.42 | 2.7800 | 0.1400 | 10.43 | 0.21 |
| 2019-12 | 11.68 | 16.30 | 7.88 | 6.2100 | 0.3500 | 12.34 | 0.48 |
| 2019-09 | 14.47 | 18.87 | 7.16 | 6.1100 | 0.2800 | 12.90 | 0.38 |
| 2019-06 | 17.54 | 22.81 | 6.01 | 5.2000 | 0.2100 | 13.31 | 0.26 |
| 2019-03 | 20.92 | 25.93 | 4.12 | 3.6300 | 0.1400 | 14.15 | 0.16 |
| 2018-12 | 13.83 | 17.08 | 10.21 | 9.0100 | 0.5100 | 11.40 | 0.60 |
| 2018-06 | 21.65 | 23.90 | 8.14 | 7.4600 | 0.2900 | 13.31 | 0.34 |
| 2018-09 | 18.42 | 21.51 | 10.29 | 9.1100 | 0.4000 | 12.82 | 0.48 |
| 2017-12 | 19.45 | 20.98 | 14.55 | 14.3500 | 0.6400 | 12.53 | 0.69 |
| 2018-03 | 27.17 | 28.90 | 5.22 | 4.7900 | 0.1500 | 13.46 | 0.18 |
| 2017-09 | 21.44 | 22.34 | 12.14 | 11.5400 | 0.4800 | 15.47 | 0.54 |
| 2017-06 | 24.51 | 25.64 | 9.51 | 9.0000 | 0.3200 | 15.62 | 0.37 |
| 2017-03 | 25.97 | 27.07 | 5.83 | 5.3000 | 0.1800 | 15.50 | 0.22 |
| 2016-09 | 19.18 | 19.18 | 13.57 | -- | 0.4800 | 13.21 | 0.71 |
| 2016-12 | 18.11 | 18.17 | 12.03 | 18.5700 | 0.6200 | 12.44 | 0.66 |
| 2015-12 | 15.90 | 16.16 | 15.44 | 17.5900 | 0.5800 | 13.20 | 0.96 |
| 2016-03 | 25.23 | 25.45 | 7.19 | 7.5600 | 0.1700 | 13.55 | 0.28 |
| 2016-06 | 22.87 | 22.75 | 11.52 | 13.0300 | 0.3300 | 13.05 | 0.51 |
| 2015-09 | 17.18 | 17.09 | -- | -- | -- | -- | -- |
| 2014-12 | 16.06 | 16.13 | 13.98 | 19.5700 | 0.6000 | 16.61 | 0.87 |
| 2012-12 | 8.65 | 9.16 | 8.05 | 11.9700 | 0.5400 | 21.15 | 0.88 |
| 2013-12 | 14.11 | 14.11 | 12.43 | 15.3700 | 0.5400 | 16.10 | 0.88 |
| 2011-12 | 19.62 | 20.26 | 18.49 | 44.0000 | 0.5100 | 30.25 | 0.91 |
| 2025-06 | 8.39 | 7.34 | 2.82 | 3.1200 | 0.3300 | 15.89 | 0.38 |
| 2025-09 | 7.17 | 6.05 | 3.21 | -- | -- | -- | 0.53 |
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 |
| 2025-03 | 14.78 | 85.22 | 6.8500 | 1.1500 |
| 2024-09 | 14.61 | 85.39 | 6.8000 | 1.2700 |
| 2024-12 | 16.42 | 83.54 | 6.1100 | 0.9600 |
| 2024-03 | 13.37 | 86.63 | 7.9400 | 1.7300 |
| 2024-06 | 15.58 | 84.42 | 6.3700 | 1.3300 |
| 2023-12 | 11.57 | 88.43 | 9.0400 | 2.4900 |
| 2023-06 | 12.59 | 87.41 | 8.4500 | 2.9400 |
| 2023-09 | 11.90 | 88.10 | 8.9500 | 2.8000 |
| 2023-03 | 13.10 | 86.90 | 7.9600 | 2.8800 |
| 2022-12 | 14.07 | 85.93 | 7.7300 | 2.5500 |
| 2022-06 | 13.59 | 86.41 | 7.4900 | 2.4800 |
| 2022-09 | 12.66 | 87.38 | 8.5700 | 2.8300 |
| 2022-03 | 15.02 | 84.98 | 7.4100 | 2.4600 |
| 2021-12 | 14.49 | 85.47 | 7.2400 | 1.9900 |
| 2021-09 | 13.45 | 86.55 | 7.7900 | 2.0100 |
| 2021-03 | 14.48 | 85.52 | 7.7200 | 2.3600 |
| 2021-06 | 16.30 | 83.70 | 6.0800 | 1.4700 |
| 2020-09 | 12.04 | 87.96 | 7.9400 | 2.0700 |
| 2020-12 | 12.50 | 87.54 | 7.4500 | 1.7300 |
| 2020-03 | 11.61 | 88.39 | 8.1900 | 2.5600 |
| 2020-06 | 11.29 | 88.71 | 8.4500 | 2.6900 |
| 2019-12 | 13.81 | 86.19 | 6.8500 | 2.0400 |
| 2019-09 | 13.24 | 86.76 | 7.1400 | 2.2000 |
| 2019-06 | 17.48 | 82.52 | 5.3800 | 1.9500 |
| 2019-03 | 13.88 | 86.12 | 6.7900 | 3.0000 |
| 2018-12 | 13.70 | 86.34 | 6.8500 | 0.5500 |
| 2018-06 | 17.67 | 82.33 | 5.3200 | 0.4600 |
| 2018-09 | 13.14 | 86.86 | 7.2000 | 0.4400 |
| 2017-12 | 19.25 | 80.75 | 4.8900 | 0.6400 |
| 2018-03 | 16.56 | 83.44 | 5.6900 | 0.5900 |
| 2017-09 | 17.06 | 82.94 | 5.5200 | 0.6100 |
| 2017-06 | 17.99 | 82.01 | 5.2300 | 0.9500 |
| 2017-03 | 15.40 | 84.60 | 6.1800 | 1.1900 |
| 2016-09 | 32.62 | 67.38 | 2.8100 | 0.4000 |
| 2016-12 | 18.89 | 81.11 | 5.0000 | 2.0100 |
| 2015-12 | 31.33 | 68.67 | 2.8900 | 0.4700 |
| 2016-03 | 31.49 | 68.51 | 2.8700 | 0.4600 |
| 2016-06 | 31.85 | 68.15 | 2.8700 | 0.4700 |
| 2015-09 | -- | -- | -- | -- |
| 2014-12 | 42.37 | 57.63 | 2.1800 | 0.2600 |
| 2012-12 | 46.77 | 53.23 | 1.8900 | 0.2600 |
| 2013-12 | 38.13 | 61.87 | 2.3800 | 0.3100 |
| 2011-12 | 67.47 | 32.53 | 1.3100 | 0.1200 |
| 2025-06 | 13.14 | 86.86 | 7.3500 | 1.2700 |
| 2025-09 | 12.63 | 87.37 | -- | -- |
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) |
| 2025-03 | 335000000.0000 | 88842500.0000 | 20107100.0000 | -7178300.0000 |
| 2024-09 | 931000000.0000 | 273000000.0000 | 77733100.0000 | 542200.0000 |
| 2024-12 | 1405000000.0000 | 382000000.0000 | 109000000.0000 | 4446500.0000 |
| 2024-03 | 264000000.0000 | 86822700.0000 | 26116400.0000 | 780000.0000 |
| 2024-06 | 677000000.0000 | 182000000.0000 | 52895000.0000 | 2121900.0000 |
| 2023-12 | 836000000.0000 | 352000000.0000 | 104000000.0000 | 3275000.0000 |
| 2023-06 | 424000000.0000 | 177000000.0000 | 50996500.0000 | 1741400.0000 |
| 2023-09 | 598000000.0000 | 263000000.0000 | 75842300.0000 | -3571800.0000 |
| 2023-03 | 233000000.0000 | 90466100.0000 | 24875200.0000 | -1404700.0000 |
| 2022-12 | 975000000.0000 | 409000000.0000 | 124000000.0000 | 5065400.0000 |
| 2022-06 | 545000000.0000 | 216000000.0000 | 65612100.0000 | 2495900.0000 |
| 2022-09 | 781000000.0000 | 312000000.0000 | 95038700.0000 | -2737200.0000 |
| 2022-03 | 303000000.0000 | 114000000.0000 | 34196600.0000 | -1814200.0000 |
| 2021-12 | 1297000000.0000 | 503000000.0000 | 144000000.0000 | 6172300.0000 |
| 2021-09 | 980000000.0000 | 367000000.0000 | 106000000.0000 | -1906000.0000 |
| 2021-03 | 362000000.0000 | 118000000.0000 | 37898600.0000 | -1118800.0000 |
| 2021-06 | 671000000.0000 | 235000000.0000 | 72011300.0000 | 954000.0000 |
| 2020-09 | 774000000.0000 | 301000000.0000 | 82619400.0000 | -2269100.0000 |
| 2020-12 | 1108000000.0000 | 428000000.0000 | 125000000.0000 | -73200.0000 |
| 2020-03 | 210000000.0000 | 85624400.0000 | 26194200.0000 | -766600.0000 |
| 2020-06 | 464000000.0000 | 177000000.0000 | 50496700.0000 | -1176800.0000 |
| 2019-12 | 1165000000.0000 | 442000000.0000 | 128000000.0000 | 2516800.0000 |
| 2019-09 | 875000000.0000 | 325000000.0000 | 92349600.0000 | 245500.0000 |
| 2019-06 | 611000000.0000 | 216000000.0000 | 60568200.0000 | -1647500.0000 |
| 2019-03 | 363000000.0000 | 118000000.0000 | 30399800.0000 | -346500.0000 |
| 2018-12 | 1433000000.0000 | 484000000.0000 | 159000000.0000 | 3586000.0000 |
| 2018-06 | 767000000.0000 | 242000000.0000 | 63323600.0000 | -527400.0000 |
| 2018-09 | 1081000000.0000 | 352000000.0000 | 103000000.0000 | 1744500.0000 |
| 2017-12 | 1582000000.0000 | 488000000.0000 | 149000000.0000 | 368000.0000 |
| 2018-03 | 378000000.0000 | 112000000.0000 | 30911000.0000 | -170900.0000 |
| 2017-09 | 1143000000.0000 | 346000000.0000 | 101000000.0000 | -913500.0000 |
| 2017-06 | 739000000.0000 | 218000000.0000 | 57063300.0000 | 797000.0000 |
| 2017-03 | 402000000.0000 | 119000000.0000 | 29011900.0000 | -433800.0000 |
| 2016-09 | 990000000.0000 | 293000000.0000 | 92947300.0000 | 6589800.0000 |
| 2016-12 | 1352000000.0000 | 408000000.0000 | 131000000.0000 | 9356400.0000 |
| 2015-12 | 1254000000.0000 | 391000000.0000 | 116000000.0000 | 6831700.0000 |
| 2016-03 | 332000000.0000 | 96557800.0000 | 27218500.0000 | 1918000.0000 |
| 2016-06 | 651000000.0000 | 189000000.0000 | 55571500.0000 | 3478800.0000 |
| 2015-09 | 906000000.0000 | 283000000.0000 | 80981800.0000 | 5543400.0000 |
| 2014-12 | 1202000000.0000 | 383000000.0000 | 103000000.0000 | 7094100.0000 |
| 2012-12 | 1067000000.0000 | 374000000.0000 | 85012400.0000 | 11282400.0000 |
| 2013-12 | 998000000.0000 | 349000000.0000 | 82508700.0000 | 6810300.0000 |
| 2011-12 | 1008000000.0000 | 325000000.0000 | 74469900.0000 | 14448700.0000 |
| 2025-06 | 797000000.0000 | 179000000.0000 | 37495800.0000 | 1403300.0000 |
| 2025-09 | 1114000000.0000 | 259000000.0000 | 56828900.0000 | -5302500.0000 |