中商官网
研究报告
合兴股份（605005）
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 | 403000000.0000 | -0.98 | 57230000.0000 | -13.31 | 56618300.0000 | -13.57 | 52000400.0000 | -5.72 |
| 2024-12-31 | 1712000000.0000 | 2.76 | 300000000.0000 | 17.65 | 298000000.0000 | 17.32 | 266000000.0000 | 18.22 |
| 2024-09-30 | 1215000000.0000 | 4.29 | 222000000.0000 | 22.65 | 220000000.0000 | 22.22 | 197000000.0000 | 23.90 |
| 2024-03-31 | 407000000.0000 | 31.72 | 66017900.0000 | 45.67 | 65511200.0000 | 45.45 | 55152900.0000 | 46.07 |
| 2024-06-30 | 825000000.0000 | 13.32 | 145000000.0000 | 39.42 | 144000000.0000 | 38.46 | 129000000.0000 | 41.20 |
| 2023-12-31 | 1666000000.0000 | 14.03 | 255000000.0000 | 23.79 | 254000000.0000 | 23.90 | 225000000.0000 | 18.42 |
| 2023-09-30 | 1165000000.0000 | 13.99 | 181000000.0000 | 35.07 | 180000000.0000 | 35.34 | 159000000.0000 | 31.40 |
| 2023-06-30 | 728000000.0000 | 13.04 | 104000000.0000 | 24.41 | 104000000.0000 | 25.31 | 91358500.0000 | 26.18 |
| 2022-12-31 | 1461000000.0000 | 2.74 | 206000000.0000 | -5.94 | 205000000.0000 | -6.39 | 190000000.0000 | -2.56 |
| 2023-03-31 | 309000000.0000 | -10.17 | 45318700.0000 | 14.74 | 45040500.0000 | 14.39 | 37758800.0000 | 13.84 |
| 2022-09-30 | 1022000000.0000 | 1.09 | 134000000.0000 | -24.29 | 133000000.0000 | -24.86 | 121000000.0000 | -21.43 |
| 2022-06-30 | 644000000.0000 | -4.02 | 83592500.0000 | -30.92 | 82992400.0000 | -31.41 | 72405600.0000 | -31.69 |
| 2022-03-31 | 344000000.0000 | 8.86 | 39496700.0000 | -31.86 | 39374400.0000 | -32.04 | 33168500.0000 | -34.16 |
| 2021-12-31 | 1422000000.0000 | 18.30 | 219000000.0000 | 0.92 | 219000000.0000 | 0.92 | 195000000.0000 | 2.63 |
| 2021-09-30 | 1011000000.0000 | 29.95 | 177000000.0000 | 30.15 | 177000000.0000 | 29.20 | 154000000.0000 | 31.62 |
| 2021-06-30 | 671000000.0000 | 44.92 | 121000000.0000 | 73.89 | 121000000.0000 | 71.65 | 106000000.0000 | 70.39 |
| 2020-12-31 | 1202000000.0000 | 2.12 | 217000000.0000 | 47.62 | 217000000.0000 | 44.67 | 190000000.0000 | 43.94 |
| 2021-03-31 | 316000000.0000 | 58.00 | 57964700.0000 | 132.52 | 57939100.0000 | 129.45 | 50374400.0000 | 142.61 |
| 2020-06-30 | 463000000.0000 | -- | 69585400.0000 | -- | 70492200.0000 | -- | 62211000.0000 | -- |
| 2020-09-30 | 778000000.0000 | -5.70 | 136000000.0000 | 54.39 | 137000000.0000 | 55.43 | 117000000.0000 | 46.35 |
| 2020-03-31 | 200000000.0000 | -- | 24929000.0000 | -- | 25251500.0000 | -- | 20763800.0000 | -- |
| 2019-09-30 | 825000000.0000 | -- | 88090100.0000 | -- | 88140400.0000 | -- | 79945200.0000 | -- |
| 2019-12-31 | 1177000000.0000 | -1.83 | 147000000.0000 | 13.95 | 150000000.0000 | 16.28 | 132000000.0000 | 17.86 |
| 2017-12-31 | 1085000000.0000 | 51.54 | 185000000.0000 | 46.83 | 180000000.0000 | 41.73 | 153000000.0000 | 39.09 |
| 2018-12-31 | 1199000000.0000 | 10.51 | 129000000.0000 | -30.27 | 129000000.0000 | -28.33 | 112000000.0000 | -26.80 |
| 2016-12-31 | 716000000.0000 | -- | 126000000.0000 | -- | 127000000.0000 | -- | 110000000.0000 | -- |
| 2025-06-30 | 868000000.0000 | 5.21 | 118000000.0000 | -18.62 | 117000000.0000 | -18.75 | 107000000.0000 | -17.05 |
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 | 12.90 | 14.05 | 2.29 | 2.6200 | 0.5800 | 3.39 | 0.16 |
| 2024-12 | 16.00 | 17.41 | 12.12 | 14.3400 | 2.4900 | 3.55 | 0.70 |
| 2024-09 | 16.63 | 18.11 | 9.39 | 10.7400 | 1.7400 | 3.81 | 0.52 |
| 2024-03 | 14.74 | 16.10 | 2.88 | 3.0700 | 0.6000 | 3.67 | 0.18 |
| 2024-06 | 16.36 | 17.45 | 6.26 | 7.0800 | 1.1500 | 3.75 | 0.36 |
| 2023-12 | 13.99 | 15.25 | 11.04 | 13.4700 | 2.2600 | 3.85 | 0.72 |
| 2023-09 | 14.76 | 15.45 | 8.36 | 9.6900 | 1.5100 | 3.83 | 0.54 |
| 2023-06 | 13.46 | 14.29 | 5.10 | 5.6100 | 0.9400 | 3.78 | 0.36 |
| 2022-12 | 13.07 | 14.03 | 10.32 | 12.5300 | 2.0300 | 3.97 | 0.74 |
| 2023-03 | 13.27 | 14.58 | 2.23 | 2.3300 | 0.3800 | 3.56 | 0.15 |
| 2022-09 | 12.04 | 13.01 | 7.12 | 8.1200 | 1.4000 | 3.88 | 0.55 |
| 2022-06 | 11.96 | 12.89 | 4.55 | 4.8600 | 0.8900 | 3.99 | 0.35 |
| 2022-03 | 10.76 | 11.45 | 2.16 | 2.2900 | 0.5100 | 4.01 | 0.19 |
| 2021-12 | 14.14 | 15.40 | 12.19 | 14.4900 | 2.5800 | 4.28 | 0.79 |
| 2021-09 | 16.12 | 17.51 | 10.38 | 11.5800 | 1.7800 | 4.54 | 0.59 |
| 2021-06 | 16.69 | 18.03 | 7.39 | 8.1100 | 1.2300 | 4.37 | 0.41 |
| 2020-12 | 16.39 | 18.05 | 14.92 | 18.9100 | 2.8100 | 4.03 | 0.83 |
| 2021-03 | 16.46 | 18.34 | 3.48 | 4.0100 | 0.6200 | 4.18 | 0.19 |
| 2020-06 | 12.74 | 15.23 | 5.66 | 6.5900 | 1.2000 | 3.74 | 0.37 |
| 2020-09 | 15.68 | 17.61 | 10.50 | 12.1400 | 1.8800 | 3.76 | 0.60 |
| 2020-03 | 11.50 | 12.63 | -- | 2.2200 | -- | -- | -- |
| 2019-09 | 8.97 | 10.68 | -- | -- | -- | -- | -- |
| 2019-12 | 10.79 | 12.74 | 11.70 | 15.3100 | 2.8300 | 4.38 | 0.92 |
| 2017-12 | 16.87 | 16.59 | 14.38 | 28.0600 | 2.9500 | 3.88 | 0.87 |
| 2018-12 | 10.26 | 10.76 | 9.96 | 15.5700 | 2.7400 | 4.43 | 0.93 |
| 2016-12 | 17.46 | 17.74 | 15.30 | 21.6200 | 2.5400 | -- | 0.86 |
| 2025-06 | 12.56 | 13.48 | 4.70 | -- | -- | 3.53 | 0.35 |
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 | 18.80 | 81.20 | 3.9800 | 2.4900 |
| 2024-12 | 20.54 | 79.46 | 3.2600 | 2.1100 |
| 2024-09 | 19.62 | 80.42 | 3.5100 | 2.1800 |
| 2024-03 | 20.07 | 79.97 | 3.2600 | 2.0500 |
| 2024-06 | 21.09 | 78.87 | 3.2700 | 1.9700 |
| 2023-12 | 23.13 | 76.87 | 2.7900 | 1.7600 |
| 2023-09 | 21.38 | 78.58 | 3.3900 | 1.9400 |
| 2023-06 | 20.16 | 79.79 | 3.6900 | 2.0000 |
| 2022-12 | 19.38 | 80.62 | 3.6600 | 1.9400 |
| 2023-03 | 18.55 | 81.45 | 3.9400 | 1.9300 |
| 2022-09 | 17.46 | 82.54 | 4.1200 | 1.9200 |
| 2022-06 | 18.51 | 81.49 | 4.0500 | 1.9700 |
| 2022-03 | 17.48 | 82.52 | 4.5000 | 2.4700 |
| 2021-12 | 20.14 | 79.80 | 3.7400 | 2.1200 |
| 2021-09 | 18.23 | 81.77 | 4.0200 | 2.2500 |
| 2021-06 | 17.72 | 82.35 | 4.2900 | 2.5000 |
| 2020-12 | 25.03 | 74.97 | 2.8300 | 1.8500 |
| 2021-03 | 18.70 | 81.30 | 4.1500 | 2.6700 |
| 2020-06 | 22.73 | 77.35 | 2.8900 | 1.6900 |
| 2020-09 | 21.99 | 77.93 | 3.0500 | 1.8200 |
| 2020-03 | -- | -- | -- | -- |
| 2019-09 | -- | -- | -- | -- |
| 2019-12 | 27.85 | 72.15 | 2.3100 | 1.4100 |
| 2017-12 | 50.40 | 49.60 | 1.2900 | 0.7600 |
| 2018-12 | 38.69 | 61.31 | 1.5600 | 0.8300 |
| 2016-12 | 31.57 | 68.43 | 1.9900 | 1.1600 |
| 2025-06 | 19.87 | 80.13 | 3.2900 | -- |
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 | 351000000.0000 | 8656200.0000 | 35860600.0000 | -801300.0000 |
| 2024-12 | 1438000000.0000 | 36728400.0000 | 128000000.0000 | 4605500.0000 |
| 2024-09 | 1013000000.0000 | 27165200.0000 | 89649000.0000 | 930700.0000 |
| 2024-03 | 347000000.0000 | 8861200.0000 | 27344300.0000 | 1854600.0000 |
| 2024-06 | 690000000.0000 | 17953600.0000 | 56770300.0000 | 2476400.0000 |
| 2023-12 | 1433000000.0000 | 34691200.0000 | 129000000.0000 | 1940700.0000 |
| 2023-09 | 993000000.0000 | 24621800.0000 | 96664400.0000 | 102400.0000 |
| 2023-06 | 630000000.0000 | 15996300.0000 | 68765000.0000 | -1474900.0000 |
| 2022-12 | 1270000000.0000 | 33041600.0000 | 122000000.0000 | -4096400.0000 |
| 2023-03 | 268000000.0000 | 7878100.0000 | 27619400.0000 | 1053400.0000 |
| 2022-09 | 899000000.0000 | 23015500.0000 | 91825400.0000 | -4488700.0000 |
| 2022-06 | 567000000.0000 | 15312800.0000 | 59421500.0000 | -2382600.0000 |
| 2022-03 | 307000000.0000 | 8654000.0000 | 32650000.0000 | -44900.0000 |
| 2021-12 | 1221000000.0000 | 31289500.0000 | 120000000.0000 | 3110300.0000 |
| 2021-09 | 848000000.0000 | 21913200.0000 | 83873000.0000 | 1605900.0000 |
| 2021-06 | 559000000.0000 | 13887500.0000 | 53775700.0000 | 1741800.0000 |
| 2020-12 | 1005000000.0000 | 24453600.0000 | 101000000.0000 | 6623800.0000 |
| 2021-03 | 264000000.0000 | 7942400.0000 | 27697900.0000 | 671300.0000 |
| 2020-06 | 404000000.0000 | 17794000.0000 | 44454300.0000 | 1411500.0000 |
| 2020-09 | 656000000.0000 | 27478100.0000 | 70037600.0000 | 3938900.0000 |
| 2020-03 | 177000000.0000 | 10087500.0000 | 22040100.0000 | 1211600.0000 |
| 2019-09 | 751000000.0000 | 36023000.0000 | 78449300.0000 | 5928400.0000 |
| 2019-12 | 1050000000.0000 | 45225100.0000 | 103000000.0000 | 7325200.0000 |
| 2017-12 | 902000000.0000 | 40371800.0000 | 105000000.0000 | 6826500.0000 |
| 2018-12 | 1076000000.0000 | 47606600.0000 | 111000000.0000 | 13896900.0000 |
| 2016-12 | 591000000.0000 | 32519300.0000 | 78868900.0000 | -2983400.0000 |
| 2025-06 | 759000000.0000 | 18641100.0000 | 74776600.0000 | -2032500.0000 |