中商官网
研究报告
万德斯（688178）
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 | 90439600.0000 | -40.89 | -6299800.0000 | -271.95 | -7735500.0000 | -312.58 | -6101500.0000 | -197.70 |
| 2024-12-31 | 622000000.0000 | -23.21 | -86459500.0000 | -8.52 | -91727600.0000 | -15.07 | -81953500.0000 | -8.81 |
| 2024-06-30 | 268000000.0000 | -26.17 | -8460300.0000 | -848.17 | -8306100.0000 | -446.61 | -7386400.0000 | -249.56 |
| 2024-09-30 | 406000000.0000 | -33.11 | 2327400.0000 | -57.53 | 1472800.0000 | -91.69 | 1010100.0000 | -94.73 |
| 2023-12-31 | 810000000.0000 | -5.81 | -94511300.0000 | -1475.05 | -108000000.0000 | -689.95 | -89875300.0000 | -512.96 |
| 2024-03-31 | 153000000.0000 | 10.87 | 3663800.0000 | 62.94 | 3638900.0000 | 56.94 | 6244900.0000 | 203.80 |
| 2023-03-31 | 138000000.0000 | -0.72 | 2248600.0000 | 5.60 | 2318600.0000 | 14.50 | 2055600.0000 | 3.51 |
| 2023-09-30 | 607000000.0000 | 2.02 | 5480200.0000 | -89.29 | 17725200.0000 | -68.80 | 19184300.0000 | -62.77 |
| 2023-06-30 | 363000000.0000 | -0.82 | 1130800.0000 | -96.87 | 2396400.0000 | -93.34 | 4938700.0000 | -83.45 |
| 2022-09-30 | 595000000.0000 | -15.96 | 51161800.0000 | -28.69 | 56814700.0000 | -27.37 | 51524700.0000 | -27.73 |
| 2022-12-31 | 860000000.0000 | -17.86 | 6873300.0000 | -90.50 | 18306700.0000 | -76.87 | 21763700.0000 | -69.86 |
| 2022-06-30 | 366000000.0000 | -20.09 | 36123000.0000 | -24.05 | 36000100.0000 | -33.82 | 29832100.0000 | -36.29 |
| 2022-03-31 | 139000000.0000 | 15.83 | 2129300.0000 | -82.47 | 2024900.0000 | -81.82 | 1985800.0000 | -78.97 |
| 2021-12-31 | 1047000000.0000 | 31.20 | 72327500.0000 | -44.36 | 79158100.0000 | -45.41 | 72199700.0000 | -42.70 |
| 2021-09-30 | 708000000.0000 | 35.37 | 71746000.0000 | -34.18 | 78220800.0000 | -36.92 | 71296100.0000 | -32.74 |
| 2021-06-30 | 458000000.0000 | 81.75 | 47564200.0000 | -20.57 | 54395300.0000 | -18.05 | 46826500.0000 | -17.59 |
| 2021-03-31 | 120000000.0000 | 76.40 | 12144100.0000 | 174.17 | 11140100.0000 | 1.75 | 9440700.0000 | 10.18 |
| 2020-12-31 | 798000000.0000 | 3.10 | 130000000.0000 | -0.76 | 145000000.0000 | 1.40 | 126000000.0000 | 0.80 |
| 2020-06-30 | 252000000.0000 | -29.61 | 59879100.0000 | -5.75 | 66380100.0000 | 2.88 | 56823400.0000 | 2.98 |
| 2020-09-30 | 523000000.0000 | -9.36 | 109000000.0000 | 2.83 | 124000000.0000 | 11.71 | 106000000.0000 | 12.69 |
| 2019-12-31 | 774000000.0000 | 57.00 | 131000000.0000 | 53.76 | 143000000.0000 | 58.63 | 125000000.0000 | 60.60 |
| 2020-03-31 | 68026000.0000 | -6.70 | 4429400.0000 | -167.75 | 10948500.0000 | -283.88 | 8568800.0000 | -232.27 |
| 2019-09-30 | 577000000.0000 | 93.62 | 106000000.0000 | 133.83 | 111000000.0000 | 126.01 | 94062400.0000 | 130.59 |
| 2019-03-31 | 72910800.0000 | -- | -6537800.0000 | -∞ | -5954100.0000 | -∞ | -6478200.0000 | -∞ |
| 2019-06-30 | 358000000.0000 | -- | 63529300.0000 | -- | 64522900.0000 | -- | 55179700.0000 | -- |
| 2018-12-31 | 493000000.0000 | 74.20 | 85198400.0000 | 2.04 | 90147000.0000 | 3.08 | 77832300.0000 | 11.63 |
| 2018-09-30 | 298000000.0000 | -- | 45331500.0000 | -- | 49112800.0000 | -- | 40791400.0000 | -- |
| 2016-12-31 | 146000000.0000 | -- | 16763400.0000 | -- | 18001800.0000 | -- | 14863900.0000 | -- |
| 2017-12-31 | 283000000.0000 | 93.84 | 83496800.0000 | 398.09 | 87453800.0000 | 385.81 | 69725800.0000 | 369.09 |
| 2025-06-30 | 207000000.0000 | -22.76 | -34603800.0000 | 309.01 | -36561100.0000 | 340.17 | -30463400.0000 | 312.43 |
| 2025-09-30 | 362000000.0000 | -10.84 | -45705200.0000 | -2063.79 | -48324600.0000 | -3381.14 | -39772000.0000 | -4037.43 |
| 2026-03-31 | 133000000.0000 | 47.06 | 6850100.0000 | -208.74 | 11826000.0000 | -252.88 | 10554500.0000 | -272.98 |
| 2025-12-31 | 501000000.0000 | -19.45 | -138000000.0000 | 59.61 | -141000000.0000 | 53.72 | -122000000.0000 | 48.86 |
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 | -7.07 | -8.55 | -0.35 | -0.5100 | 1.3200 | 0.87 | 0.04 |
| 2024-12 | -14.15 | -14.75 | -4.42 | -6.9200 | 10.2100 | 1.33 | 0.30 |
| 2024-06 | -3.36 | -3.10 | -0.38 | -0.3900 | 3.7400 | 1.12 | 0.12 |
| 2024-09 | 0.49 | 0.36 | 0.07 | 0.4300 | 5.6600 | 1.15 | 0.19 |
| 2023-12 | -12.59 | -13.33 | -4.94 | -7.4200 | 22.2200 | 1.62 | 0.37 |
| 2024-03 | 2.61 | 2.38 | 0.16 | 0.6800 | 2.2600 | 1.33 | 0.07 |
| 2023-03 | 1.45 | 1.68 | 0.11 | 0.2000 | 3.5000 | 1.16 | 0.06 |
| 2023-09 | 0.82 | 2.92 | 0.81 | 1.6500 | 18.4200 | 1.59 | 0.28 |
| 2023-06 | 0.28 | 0.66 | 0.11 | 0.4400 | 10.1200 | 1.41 | 0.17 |
| 2022-09 | 8.24 | 9.55 | 2.76 | 4.2400 | 9.8400 | 1.72 | 0.29 |
| 2022-12 | 0.93 | 2.13 | 0.85 | 1.8500 | 27.2500 | 1.87 | 0.40 |
| 2022-06 | 9.56 | 9.84 | 1.85 | 2.4800 | 6.7300 | 1.66 | 0.19 |
| 2022-03 | 1.44 | 1.46 | 0.10 | 0.1700 | 3.4000 | 1.25 | 0.07 |
| 2021-12 | 6.30 | 7.56 | 3.69 | 6.2600 | 17.7600 | 2.90 | 0.49 |
| 2021-09 | 9.46 | 11.05 | 3.84 | 6.1800 | 7.2000 | 2.57 | 0.35 |
| 2021-06 | 9.61 | 11.88 | 2.91 | 4.1100 | 4.7400 | 2.79 | 0.24 |
| 2021-03 | 8.33 | 9.28 | 0.66 | 0.8600 | 1.1600 | 1.70 | 0.07 |
| 2020-12 | 11.40 | 18.17 | 8.15 | 12.1500 | 4.3800 | 2.68 | 0.45 |
| 2020-06 | 9.92 | 26.34 | 4.48 | 5.7900 | 1.4300 | 1.57 | 0.17 |
| 2020-09 | 13.96 | 23.71 | 7.43 | 9.5600 | 3.0200 | 2.03 | 0.31 |
| 2019-12 | 16.80 | 18.48 | 14.40 | 25.1300 | 2.9700 | 2.75 | 0.78 |
| 2020-03 | 2.04 | 16.09 | 0.77 | 0.9700 | 0.3600 | 0.83 | 0.05 |
| 2019-09 | 18.20 | 19.24 | 10.57 | -- | 1.9100 | 3.13 | 0.55 |
| 2019-03 | -9.06 | -8.17 | -- | -1.5100 | -- | -- | -- |
| 2019-06 | 17.32 | 18.02 | 6.69 | 11.9700 | 1.0900 | 2.78 | 0.37 |
| 2018-12 | 17.44 | 18.29 | 10.17 | 28.3600 | 2.8500 | 2.56 | 0.56 |
| 2018-09 | 15.44 | 16.48 | -- | -- | -- | -- | -- |
| 2016-12 | 10.96 | 12.33 | 8.15 | 20.1400 | 2.7200 | 3.33 | 0.66 |
| 2017-12 | 3.53 | 30.90 | 22.20 | 57.4100 | 3.4400 | 3.26 | 0.72 |
| 2025-06 | -17.87 | -17.66 | -1.70 | -2.7900 | 3.1400 | 1.01 | 0.10 |
| 2025-09 | -13.26 | -13.35 | -2.31 | -3.6400 | 7.5700 | 1.16 | 0.17 |
| 2026-03 | 6.02 | 8.89 | 0.54 | -- | 1.8600 | 1.24 | 0.06 |
| 2025-12 | -27.94 | -28.14 | -7.02 | -- | -- | -- | 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 | 52.26 | 47.74 | 1.6200 | 1.4600 |
| 2024-12 | 48.36 | 51.64 | 1.6500 | 1.4900 |
| 2024-06 | 48.00 | 52.00 | 1.5600 | 1.3800 |
| 2024-09 | 45.90 | 54.10 | 1.7800 | 1.5900 |
| 2023-12 | 47.81 | 52.24 | 1.6200 | 1.4600 |
| 2024-03 | 48.33 | 51.67 | 1.6900 | 1.4800 |
| 2023-03 | 42.39 | 57.61 | 2.1200 | 2.0100 |
| 2023-09 | 42.52 | 57.53 | 2.1400 | 1.9900 |
| 2023-06 | 42.09 | 57.96 | 2.1700 | 2.0500 |
| 2022-09 | 38.69 | 61.27 | 2.0700 | 1.9600 |
| 2022-12 | 42.33 | 57.67 | 1.9800 | 1.9400 |
| 2022-06 | 37.04 | 63.01 | 2.2000 | 2.1000 |
| 2022-03 | 41.37 | 58.68 | 1.9900 | 1.8600 |
| 2021-12 | 44.14 | 55.86 | 1.9100 | 1.8500 |
| 2021-09 | 41.39 | 58.66 | 2.0700 | 1.9100 |
| 2021-06 | 37.41 | 62.59 | 2.2700 | 2.1200 |
| 2021-03 | 33.06 | 66.94 | 2.7800 | 2.4900 |
| 2020-12 | 36.82 | 63.18 | 2.5300 | 2.4100 |
| 2020-06 | 28.59 | 71.41 | 3.2500 | 3.0800 |
| 2020-09 | 33.61 | 66.39 | 2.8000 | 2.6500 |
| 2019-12 | 43.81 | 56.19 | 2.0600 | 1.5300 |
| 2020-03 | 26.15 | 73.85 | 3.6700 | 3.4900 |
| 2019-09 | 49.81 | 50.19 | 1.8300 | 1.2600 |
| 2019-03 | -- | -- | -- | -- |
| 2019-06 | 49.33 | 50.67 | 1.8300 | 1.0900 |
| 2018-12 | 51.13 | 48.87 | 1.7100 | 1.3200 |
| 2018-09 | -- | -- | -- | -- |
| 2016-12 | 60.18 | 39.61 | 1.7900 | 1.3500 |
| 2017-12 | 40.10 | 59.64 | 2.1600 | 1.6400 |
| 2025-06 | 51.49 | 48.51 | 1.5400 | 1.3700 |
| 2025-09 | 50.60 | 49.40 | 1.6000 | 1.4200 |
| 2026-03 | 55.14 | 44.86 | 1.5000 | 1.2500 |
| 2025-12 | 52.71 | 47.29 | -- | -- |
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 | 96836400.0000 | 3797700.0000 | 19172600.0000 | 4170000.0000 |
| 2024-12 | 710000000.0000 | 21426400.0000 | 86163000.0000 | 15693200.0000 |
| 2024-06 | 277000000.0000 | 19589500.0000 | 45167600.0000 | 7040800.0000 |
| 2024-09 | 404000000.0000 | 25183300.0000 | 64968000.0000 | 10988300.0000 |
| 2023-12 | 912000000.0000 | 49291300.0000 | 96220600.0000 | 7700600.0000 |
| 2024-03 | 149000000.0000 | 8157700.0000 | 23018400.0000 | 2441900.0000 |
| 2023-03 | 136000000.0000 | 8035500.0000 | 20443100.0000 | 2237100.0000 |
| 2023-09 | 602000000.0000 | 35644400.0000 | 66524400.0000 | 5107400.0000 |
| 2023-06 | 362000000.0000 | 22546400.0000 | 45547300.0000 | 5338600.0000 |
| 2022-09 | 546000000.0000 | 24783400.0000 | 56767200.0000 | 5212500.0000 |
| 2022-12 | 852000000.0000 | 43274700.0000 | 80588100.0000 | 8946300.0000 |
| 2022-06 | 331000000.0000 | 15430100.0000 | 38971300.0000 | 4052100.0000 |
| 2022-03 | 137000000.0000 | 9549500.0000 | 20347700.0000 | 1402800.0000 |
| 2021-12 | 981000000.0000 | 47246100.0000 | 89438300.0000 | 6037500.0000 |
| 2021-09 | 641000000.0000 | 27541600.0000 | 52392000.0000 | 2783400.0000 |
| 2021-06 | 414000000.0000 | 18436500.0000 | 36276100.0000 | 2008400.0000 |
| 2021-03 | 110000000.0000 | 6537600.0000 | 14972200.0000 | 316100.0000 |
| 2020-12 | 707000000.0000 | 29544500.0000 | 65613100.0000 | 4879400.0000 |
| 2020-06 | 227000000.0000 | 9331600.0000 | 28464700.0000 | 2301000.0000 |
| 2020-09 | 450000000.0000 | 15756600.0000 | 41092400.0000 | 2870800.0000 |
| 2019-12 | 644000000.0000 | 24701100.0000 | 49308400.0000 | 7451300.0000 |
| 2020-03 | 66640100.0000 | 3629600.0000 | 13706200.0000 | 1010400.0000 |
| 2019-09 | 472000000.0000 | 14716800.0000 | 34951700.0000 | 5222100.0000 |
| 2019-03 | 79519300.0000 | 3076700.0000 | 13276800.0000 | 1084000.0000 |
| 2019-06 | 296000000.0000 | 9206800.0000 | 24802100.0000 | 2765200.0000 |
| 2018-12 | 407000000.0000 | 17090700.0000 | 39084700.0000 | 3580400.0000 |
| 2018-09 | 252000000.0000 | 10150400.0000 | 24179900.0000 | 1096600.0000 |
| 2016-12 | 130000000.0000 | 6947400.0000 | 15758100.0000 | 370900.0000 |
| 2017-12 | 273000000.0000 | 13011700.0000 | 61445900.0000 | 683700.0000 |
| 2025-06 | 244000000.0000 | 8221000.0000 | 37948800.0000 | 9010900.0000 |
| 2025-09 | 410000000.0000 | 12416100.0000 | 54609000.0000 | 13410100.0000 |
| 2026-03 | 125000000.0000 | 4262000.0000 | 17208600.0000 | 5125300.0000 |
| 2025-12 | 641000000.0000 | 22555600.0000 | 81680900.0000 | 19602500.0000 |