中商官网
研究报告
国茂股份（603915）
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 | 602000000.0000 | 2.91 | 46151200.0000 | -35.85 | 46222000.0000 | -36.52 | 43527100.0000 | -32.48 |
| 2024-09-30 | 1927000000.0000 | -4.18 | 238000000.0000 | -18.21 | 241000000.0000 | -17.75 | 211000000.0000 | -20.08 |
| 2024-12-31 | 2589000000.0000 | -2.67 | 343000000.0000 | -22.22 | 343000000.0000 | -22.75 | 297000000.0000 | -24.43 |
| 2024-03-31 | 585000000.0000 | -6.55 | 71942200.0000 | -17.05 | 72810900.0000 | -16.60 | 64467400.0000 | -19.19 |
| 2024-06-30 | 1268000000.0000 | -5.30 | 164000000.0000 | -12.30 | 166000000.0000 | -11.70 | 146000000.0000 | -14.62 |
| 2023-09-30 | 2011000000.0000 | -1.13 | 291000000.0000 | -8.20 | 293000000.0000 | -9.29 | 264000000.0000 | -8.97 |
| 2023-12-31 | 2660000000.0000 | -1.37 | 441000000.0000 | -2.43 | 444000000.0000 | -2.42 | 393000000.0000 | -4.61 |
| 2023-06-30 | 1339000000.0000 | -0.59 | 187000000.0000 | -4.10 | 188000000.0000 | -4.57 | 171000000.0000 | -4.47 |
| 2022-12-31 | 2697000000.0000 | -8.39 | 452000000.0000 | -12.40 | 455000000.0000 | -12.84 | 412000000.0000 | -10.43 |
| 2023-03-31 | 626000000.0000 | 2.62 | 86728200.0000 | 28.01 | 87303100.0000 | 26.43 | 79781200.0000 | 23.95 |
| 2022-03-31 | 610000000.0000 | -4.98 | 67752600.0000 | -27.26 | 69052000.0000 | -25.98 | 64364100.0000 | -19.18 |
| 2022-06-30 | 1347000000.0000 | -9.05 | 195000000.0000 | -18.07 | 197000000.0000 | -17.23 | 179000000.0000 | -14.35 |
| 2022-09-30 | 2034000000.0000 | -9.92 | 317000000.0000 | -18.93 | 323000000.0000 | -17.81 | 290000000.0000 | -16.18 |
| 2021-09-30 | 2258000000.0000 | 43.91 | 391000000.0000 | 44.81 | 393000000.0000 | 43.96 | 346000000.0000 | 45.99 |
| 2021-12-31 | 2944000000.0000 | 34.80 | 516000000.0000 | 25.55 | 522000000.0000 | 25.48 | 460000000.0000 | 27.78 |
| 2021-03-31 | 642000000.0000 | 93.37 | 93137300.0000 | 153.29 | 93282900.0000 | 151.35 | 79643000.0000 | 144.58 |
| 2021-06-30 | 1481000000.0000 | 49.29 | 238000000.0000 | 36.78 | 238000000.0000 | 36.00 | 209000000.0000 | 37.50 |
| 2020-06-30 | 992000000.0000 | 5.08 | 174000000.0000 | 26.09 | 175000000.0000 | 25.90 | 152000000.0000 | 25.62 |
| 2020-09-30 | 1569000000.0000 | 10.18 | 270000000.0000 | 25.58 | 273000000.0000 | 22.42 | 237000000.0000 | 22.16 |
| 2020-12-31 | 2184000000.0000 | 15.19 | 411000000.0000 | 29.25 | 416000000.0000 | 27.22 | 360000000.0000 | 26.76 |
| 2019-12-31 | 1896000000.0000 | 7.30 | 318000000.0000 | 31.40 | 327000000.0000 | 30.80 | 284000000.0000 | 30.28 |
| 2020-03-31 | 332000000.0000 | -26.06 | 36770300.0000 | -35.36 | 37112900.0000 | -35.20 | 32562600.0000 | -34.16 |
| 2019-09-30 | 1424000000.0000 | 4.94 | 215000000.0000 | 15.59 | 223000000.0000 | 14.95 | 194000000.0000 | 15.48 |
| 2019-06-30 | 944000000.0000 | 8.63 | 138000000.0000 | 31.43 | 139000000.0000 | 24.11 | 121000000.0000 | 25.70 |
| 2019-03-31 | 449000000.0000 | 16.93 | 56880500.0000 | 37.45 | 57277100.0000 | 24.14 | 49458500.0000 | 22.51 |
| 2018-09-30 | 1357000000.0000 | -- | 186000000.0000 | -- | 194000000.0000 | -- | 168000000.0000 | -- |
| 2018-12-31 | 1767000000.0000 | 19.55 | 242000000.0000 | 59.21 | 250000000.0000 | 61.29 | 218000000.0000 | 62.69 |
| 2018-06-30 | 869000000.0000 | -- | 105000000.0000 | -- | 112000000.0000 | -- | 96257300.0000 | -- |
| 2018-03-31 | 384000000.0000 | -- | 41382400.0000 | -- | 46140000.0000 | -- | 40371600.0000 | -- |
| 2015-12-31 | 1101000000.0000 | -19.46 | 92826900.0000 | -28.04 | 93898300.0000 | -27.77 | 75781200.0000 | -31.11 |
| 2017-12-31 | 1478000000.0000 | 28.41 | 152000000.0000 | 50.50 | 155000000.0000 | 37.17 | 134000000.0000 | 38.60 |
| 2016-12-31 | 1151000000.0000 | 4.54 | 101000000.0000 | 8.80 | 113000000.0000 | 20.34 | 96681500.0000 | 27.58 |
| 2014-12-31 | 1367000000.0000 | -- | 129000000.0000 | -- | 130000000.0000 | -- | 110000000.0000 | -- |
| 2025-06-30 | 1290000000.0000 | 1.74 | 118000000.0000 | -28.05 | 118000000.0000 | -28.92 | 109000000.0000 | -25.34 |
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 | 5.81 | 7.68 | 0.88 | 1.1700 | 0.8000 | 6.91 | 0.12 |
| 2024-09 | 9.81 | 12.51 | 4.60 | 5.8100 | 2.4600 | 7.58 | 0.37 |
| 2024-12 | 8.54 | 13.25 | 6.41 | 8.0400 | 3.4900 | 9.39 | 0.48 |
| 2024-03 | 10.09 | 12.45 | 1.48 | 1.7800 | 0.8300 | 7.21 | 0.12 |
| 2024-06 | 10.09 | 13.09 | 3.24 | 4.0600 | 1.6500 | 7.15 | 0.25 |
| 2023-09 | 12.68 | 14.57 | 6.09 | 7.9300 | 2.6100 | 7.50 | 0.42 |
| 2023-12 | 14.17 | 16.69 | 8.86 | 11.5100 | 3.4800 | 10.31 | 0.53 |
| 2023-06 | 12.10 | 14.04 | 4.01 | 5.2000 | 1.6700 | 7.43 | 0.29 |
| 2022-12 | 14.61 | 16.87 | 9.80 | 13.3200 | 3.0300 | 10.50 | 0.58 |
| 2023-03 | 11.50 | 13.95 | 1.88 | 2.4300 | 0.7700 | 7.40 | 0.13 |
| 2022-03 | 9.84 | 11.32 | 1.54 | 2.1600 | 0.6300 | 7.51 | 0.14 |
| 2022-06 | 12.47 | 14.63 | 4.41 | 5.9100 | 1.4200 | 8.03 | 0.30 |
| 2022-09 | 13.57 | 15.88 | 7.06 | 9.5200 | 2.2500 | 8.01 | 0.44 |
| 2021-09 | 15.59 | 17.40 | 8.45 | 12.8200 | 2.7900 | 10.08 | 0.49 |
| 2021-12 | 15.52 | 17.73 | 11.09 | 16.8700 | 3.6600 | 12.18 | 0.63 |
| 2021-03 | 14.02 | 14.53 | 2.22 | 3.0800 | 0.9100 | 9.16 | 0.15 |
| 2021-06 | 14.11 | 16.07 | 5.37 | 7.8400 | 1.9100 | 9.75 | 0.33 |
| 2020-06 | 15.32 | 17.64 | 5.08 | 6.5500 | 1.8400 | 8.03 | 0.29 |
| 2020-09 | 15.42 | 17.40 | 7.33 | 10.1400 | 2.9500 | 8.42 | 0.42 |
| 2020-12 | 16.94 | 19.05 | 10.39 | 15.0600 | 3.8000 | 10.22 | 0.55 |
| 2019-12 | 16.03 | 17.25 | 9.78 | 16.6100 | 3.4000 | 9.68 | 0.57 |
| 2020-03 | 10.24 | 11.18 | 1.14 | 1.4300 | 0.6400 | 5.57 | 0.10 |
| 2019-09 | 14.96 | 15.66 | 6.95 | 12.7100 | 2.5200 | 7.86 | 0.44 |
| 2019-06 | 14.30 | 14.72 | 4.61 | 9.8300 | 1.6900 | 7.98 | 0.31 |
| 2019-03 | 12.47 | 12.76 | 2.81 | -- | -- | -- | 0.22 |
| 2018-09 | 13.71 | 14.30 | -- | 16.2400 | -- | -- | -- |
| 2018-12 | 13.58 | 14.15 | 11.49 | 20.6300 | 3.2400 | 8.97 | 0.81 |
| 2018-06 | 12.08 | 12.89 | -- | 9.6600 | -- | -- | -- |
| 2018-03 | 100.00 | 12.02 | -- | -- | -- | -- | -- |
| 2015-12 | 8.45 | 8.53 | 8.20 | 12.9800 | 3.4900 | 7.19 | 0.96 |
| 2017-12 | 10.08 | 10.49 | 8.45 | 15.1700 | 3.5700 | 8.22 | 0.81 |
| 2016-12 | 8.60 | 9.82 | 7.92 | 13.9600 | 3.7100 | 7.33 | 0.81 |
| 2014-12 | 9.44 | 9.51 | 11.01 | 16.1600 | 4.0900 | 9.07 | 1.16 |
| 2025-06 | 7.29 | 9.15 | 2.27 | -- | -- | -- | 0.25 |
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 | 28.01 | 71.99 | 2.5500 | 2.1100 |
| 2024-09 | 30.40 | 69.60 | 2.2900 | 1.8400 |
| 2024-12 | 30.46 | 69.54 | 2.3500 | 1.9300 |
| 2024-03 | 25.46 | 74.52 | 2.7600 | 2.2800 |
| 2024-06 | 28.51 | 71.49 | 2.4200 | 1.9400 |
| 2023-09 | 27.58 | 72.40 | 2.4900 | 2.0400 |
| 2023-12 | 28.24 | 71.74 | 2.5000 | 2.0900 |
| 2023-06 | 28.98 | 71.02 | 2.3400 | 1.8700 |
| 2022-12 | 29.40 | 70.60 | 2.3300 | 1.8600 |
| 2023-03 | 27.59 | 72.41 | 2.4700 | 1.9500 |
| 2022-03 | 32.47 | 67.53 | 2.1000 | 1.5700 |
| 2022-06 | 32.52 | 67.48 | 2.0500 | 1.5500 |
| 2022-09 | 31.19 | 68.81 | 2.1700 | 1.7000 |
| 2021-09 | 39.44 | 60.56 | 1.8000 | 1.3900 |
| 2021-12 | 37.15 | 62.85 | 1.8900 | 1.4600 |
| 2021-03 | 37.22 | 62.78 | 1.9700 | 1.5600 |
| 2021-06 | 39.95 | 60.05 | 1.7800 | 1.3700 |
| 2020-06 | 32.71 | 67.29 | 2.2800 | 1.9200 |
| 2020-09 | 35.38 | 64.62 | 2.0400 | 1.7400 |
| 2020-12 | 36.55 | 63.45 | 2.0400 | 1.7100 |
| 2019-12 | 32.70 | 67.30 | 2.3800 | 2.0300 |
| 2020-03 | 29.76 | 70.24 | 2.5500 | 2.1300 |
| 2019-09 | 32.62 | 67.35 | 2.4100 | 2.0400 |
| 2019-06 | 30.73 | 69.27 | 2.5300 | 2.1100 |
| 2019-03 | 0.00 | 59.53 | -- | -- |
| 2018-09 | -- | -- | -- | -- |
| 2018-12 | 46.39 | 53.61 | 1.4900 | 1.0600 |
| 2018-06 | -- | -- | -- | -- |
| 2018-03 | -- | -- | -- | -- |
| 2015-12 | 44.02 | 55.98 | 1.3500 | 0.8500 |
| 2017-12 | 48.34 | 51.66 | 1.4000 | 0.9400 |
| 2016-12 | 42.96 | 57.04 | 1.5200 | 1.0800 |
| 2014-12 | 43.69 | 56.31 | 1.3800 | 0.8700 |
| 2025-06 | 27.95 | 72.05 | -- | -- |
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 | 567000000.0000 | 15968400.0000 | 22046700.0000 | -987600.0000 |
| 2024-09 | 1738000000.0000 | 56587800.0000 | 73195900.0000 | -2522600.0000 |
| 2024-12 | 2368000000.0000 | 65501300.0000 | 73414800.0000 | 2938600.0000 |
| 2024-03 | 526000000.0000 | 17200900.0000 | 23247600.0000 | -1358900.0000 |
| 2024-06 | 1140000000.0000 | 36973400.0000 | 47966700.0000 | 964600.0000 |
| 2023-09 | 1756000000.0000 | 61828100.0000 | 74646500.0000 | -15523200.0000 |
| 2023-12 | 2283000000.0000 | 73298000.0000 | 78421600.0000 | 1611800.0000 |
| 2023-06 | 1177000000.0000 | 42722800.0000 | 51832300.0000 | 123200.0000 |
| 2022-12 | 2303000000.0000 | 75261900.0000 | 98337900.0000 | 284000.0000 |
| 2023-03 | 554000000.0000 | 20592900.0000 | 22572700.0000 | -3008000.0000 |
| 2022-03 | 550000000.0000 | 16923900.0000 | 25009200.0000 | -1381700.0000 |
| 2022-06 | 1179000000.0000 | 40009900.0000 | 51919100.0000 | -5375600.0000 |
| 2022-09 | 1758000000.0000 | 58289700.0000 | 74866300.0000 | -9378900.0000 |
| 2021-09 | 1906000000.0000 | 68984800.0000 | 86117700.0000 | -4801500.0000 |
| 2021-12 | 2487000000.0000 | 93295300.0000 | 108000000.0000 | -6328100.0000 |
| 2021-03 | 552000000.0000 | 17791000.0000 | 25951600.0000 | -1960800.0000 |
| 2021-06 | 1272000000.0000 | 46728700.0000 | 58117300.0000 | 83700.0000 |
| 2020-06 | 840000000.0000 | 56778700.0000 | 25266800.0000 | -2882100.0000 |
| 2020-09 | 1327000000.0000 | 85091900.0000 | 40678700.0000 | -4282700.0000 |
| 2020-12 | 1814000000.0000 | 74850600.0000 | 70391900.0000 | -6077800.0000 |
| 2019-12 | 1592000000.0000 | 109000000.0000 | 45473000.0000 | -8083300.0000 |
| 2020-03 | 298000000.0000 | 18642400.0000 | 11501500.0000 | -1545400.0000 |
| 2019-09 | 1211000000.0000 | 80626000.0000 | 33141600.0000 | -5002700.0000 |
| 2019-06 | 809000000.0000 | 56553100.0000 | 20539300.0000 | -2819400.0000 |
| 2019-03 | 393000000.0000 | 26384900.0000 | 8463100.0000 | -1372200.0000 |
| 2018-09 | 1171000000.0000 | 81025300.0000 | 23546600.0000 | -2832100.0000 |
| 2018-12 | 1527000000.0000 | 105000000.0000 | 32551900.0000 | -4075500.0000 |
| 2018-06 | 764000000.0000 | 52999100.0000 | 16761700.0000 | -2059900.0000 |
| 2018-03 | -- | -- | -- | -- |
| 2015-12 | 1008000000.0000 | 75359100.0000 | 84464800.0000 | 53100.0000 |
| 2017-12 | 1329000000.0000 | 93258900.0000 | 30548700.0000 | 1161100.0000 |
| 2016-12 | 1052000000.0000 | 77365200.0000 | 39434700.0000 | -1179300.0000 |
| 2014-12 | 1238000000.0000 | 83246200.0000 | 76503600.0000 | -1106600.0000 |
| 2025-06 | 1196000000.0000 | 30334300.0000 | 46132400.0000 | 396500.0000 |