中商官网
研究报告
开普云（688228）
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 | 618000000.0000 | -10.95 | 14647800.0000 | -74.87 | 14053800.0000 | -75.61 | 15392100.0000 | -74.28 |
| 2025-03-31 | 60297600.0000 | -31.32 | -3580400.0000 | -49.34 | -3607300.0000 | -49.24 | -909200.0000 | -88.88 |
| 2024-09-30 | 229000000.0000 | 38.79 | -43088400.0000 | -6.49 | -43582000.0000 | -6.71 | -32800200.0000 | 7.29 |
| 2024-06-30 | 155000000.0000 | 58.38 | -36633600.0000 | 20.15 | -37068400.0000 | 20.37 | -29170300.0000 | 46.56 |
| 2024-03-31 | 87791300.0000 | 88.84 | -7068000.0000 | -47.09 | -7106100.0000 | -46.83 | -8172900.0000 | -21.87 |
| 2023-09-30 | 165000000.0000 | -17.50 | -46079300.0000 | 8988.62 | -46718200.0000 | 8756.53 | -30571600.0000 | -1047.49 |
| 2023-12-31 | 694000000.0000 | 25.05 | 58282500.0000 | -51.83 | 57632000.0000 | -52.37 | 59855800.0000 | -50.12 |
| 2023-06-30 | 97862900.0000 | -17.76 | -30489900.0000 | 128.42 | -30794800.0000 | 130.70 | -19903900.0000 | 101.47 |
| 2023-03-31 | 46489500.0000 | -8.24 | -13359500.0000 | 61.08 | -13364400.0000 | 61.14 | -10461300.0000 | 46.89 |
| 2022-12-31 | 555000000.0000 | 20.39 | 121000000.0000 | 53.65 | 121000000.0000 | 53.28 | 120000000.0000 | 41.92 |
| 2022-09-30 | 200000000.0000 | 16.96 | -507000.0000 | -104.86 | -527500.0000 | -104.97 | 3226600.0000 | -76.49 |
| 2021-12-31 | 461000000.0000 | 53.16 | 78750700.0000 | 6.11 | 78941800.0000 | 8.01 | 84551700.0000 | 22.81 |
| 2022-06-30 | 119000000.0000 | 35.86 | -13348200.0000 | -802.28 | -13348200.0000 | -740.29 | -9879300.0000 | -353.26 |
| 2022-03-31 | 50664400.0000 | 62.71 | -8293700.0000 | 118.18 | -8293800.0000 | 129.71 | -7121900.0000 | 363.18 |
| 2021-09-30 | 171000000.0000 | 4.27 | 10424400.0000 | -55.36 | 10606100.0000 | -52.31 | 13721700.0000 | -39.30 |
| 2021-06-30 | 87588000.0000 | 7.08 | 1900700.0000 | -75.47 | 2084700.0000 | -69.05 | 3900900.0000 | -51.16 |
| 2020-12-31 | 301000000.0000 | 1.01 | 74217600.0000 | -15.82 | 73086300.0000 | -17.04 | 68844800.0000 | -12.06 |
| 2021-03-31 | 31137100.0000 | 7.65 | -3801300.0000 | -731.24 | -3610500.0000 | 941.69 | -1537600.0000 | -252.98 |
| 2020-09-30 | 164000000.0000 | 15.49 | 23353000.0000 | 6.12 | 22238200.0000 | 1.11 | 22605800.0000 | 7.89 |
| 2020-06-30 | 81800500.0000 | 21.45 | 7749300.0000 | 12.66 | 6736000.0000 | -1.99 | 7986900.0000 | 9.73 |
| 2020-03-31 | 28924000.0000 | 5.42 | 602200.0000 | -59.94 | -346600.0000 | -123.14 | 1005100.0000 | -50.76 |
| 2019-12-31 | 298000000.0000 | 30.70 | 88166000.0000 | 25.24 | 88093500.0000 | 24.25 | 78284300.0000 | 24.71 |
| 2019-09-30 | 142000000.0000 | 14.52 | 22005400.0000 | -11.04 | 21994900.0000 | -12.85 | 20952900.0000 | -10.07 |
| 2019-06-30 | 67351600.0000 | -0.53 | 6878200.0000 | -52.20 | 6872700.0000 | -56.82 | 7279000.0000 | -49.60 |
| 2019-03-31 | 27437000.0000 | -- | 1503200.0000 | -- | 1497800.0000 | -- | 2041100.0000 | -- |
| 2018-12-31 | 228000000.0000 | 45.22 | 70399300.0000 | 75.41 | 70901100.0000 | 76.86 | 62773900.0000 | 74.84 |
| 2018-06-30 | 67712500.0000 | 40.99 | 14388400.0000 | 127.25 | 15916600.0000 | 109.79 | 14443000.0000 | 125.86 |
| 2018-09-30 | 124000000.0000 | -- | 24737500.0000 | -- | 25236900.0000 | -- | 23298000.0000 | -- |
| 2017-12-31 | 157000000.0000 | 48.11 | 40134400.0000 | 232.78 | 40088800.0000 | 154.40 | 35903500.0000 | 165.89 |
| 2017-06-30 | 48026500.0000 | 27.00 | 6331400.0000 | 63.78 | 7587000.0000 | 72.15 | 6394600.0000 | 57.48 |
| 2016-12-31 | 106000000.0000 | 46.92 | 12060400.0000 | 181.37 | 15758400.0000 | 91.94 | 13503300.0000 | 82.18 |
| 2016-06-30 | 37816200.0000 | -- | 3865700.0000 | -- | 4407300.0000 | -- | 4060600.0000 | -- |
| 2015-12-31 | 72150000.0000 | 80.86 | 4286300.0000 | -1063.65 | 8210200.0000 | 3491.51 | 7412200.0000 | 4884.67 |
| 2014-12-31 | 39892900.0000 | -- | -444800.0000 | -∞ | 228600.0000 | -- | 148700.0000 | -- |
| 2025-06-30 | 160000000.0000 | 3.23 | -3698100.0000 | -89.91 | -4023200.0000 | -89.15 | -541300.0000 | -98.14 |
| 2025-09-30 | 231000000.0000 | 0.87 | -16199400.0000 | -62.40 | -16631900.0000 | -61.84 | -9671300.0000 | -70.51 |
| 2025-12-31 | 419000000.0000 | -32.20 | -20586900.0000 | -240.55 | -21593100.0000 | -253.65 | -16771700.0000 | -208.96 |
| 2026-03-31 | 47371200.0000 | -21.44 | -15252400.0000 | 326.00 | -15260900.0000 | 323.06 | -11585400.0000 | 1174.24 |
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 | -0.32 | 2.27 | 0.71 | 1.6200 | 2.0800 | 1.31 | 0.31 |
| 2025-03 | -14.03 | -5.98 | -0.19 | 0.0600 | 0.1400 | 0.61 | 0.03 |
| 2024-09 | -22.27 | -19.03 | -2.32 | -1.2700 | 0.4900 | 0.73 | 0.12 |
| 2024-06 | -27.10 | -23.92 | -1.95 | -1.2900 | 0.3700 | 0.70 | 0.08 |
| 2024-03 | -10.03 | -8.09 | -0.37 | 0.0200 | 0.2400 | 0.73 | 0.05 |
| 2023-09 | -35.76 | -28.31 | -2.69 | -1.2100 | 0.4400 | 0.67 | 0.09 |
| 2023-12 | 5.91 | 8.30 | 2.76 | 3.2000 | 2.8500 | 1.50 | 0.33 |
| 2023-06 | -39.99 | -31.47 | -1.77 | -0.8400 | 0.2800 | 0.56 | 0.06 |
| 2023-03 | -39.03 | -28.75 | -0.75 | -0.4700 | 0.1600 | 0.51 | 0.03 |
| 2022-12 | 9.55 | 21.80 | 6.56 | 7.8300 | 3.5400 | 1.72 | 0.30 |
| 2022-09 | -15.50 | -0.26 | -0.03 | 1.1100 | 1.0300 | 1.18 | 0.12 |
| 2021-12 | 11.71 | 17.12 | 5.06 | 5.1000 | 4.3300 | 3.17 | 0.30 |
| 2022-06 | -15.13 | -11.22 | -0.82 | -0.4000 | 0.6100 | 1.06 | 0.07 |
| 2022-03 | -21.20 | -16.37 | -0.50 | -0.3800 | 0.2900 | 0.91 | 0.03 |
| 2021-09 | -5.26 | 6.20 | 0.75 | 1.0300 | 1.0100 | 2.29 | 0.12 |
| 2021-06 | -9.34 | 2.38 | 0.17 | 0.3600 | 0.8500 | 2.88 | 0.07 |
| 2020-12 | 13.29 | 24.28 | 5.57 | 7.4400 | 3.3300 | 4.21 | 0.23 |
| 2021-03 | -26.32 | -11.60 | -0.28 | -0.1300 | 0.2800 | 2.21 | 0.02 |
| 2020-09 | 3.66 | 13.56 | 1.76 | 2.7100 | 1.7000 | 2.74 | 0.13 |
| 2020-06 | -1.30 | 8.23 | 0.53 | 1.1600 | 0.6700 | 2.13 | 0.06 |
| 2020-03 | 0.18 | -1.20 | -0.03 | 0.4300 | 0.1500 | 1.32 | 0.02 |
| 2019-12 | 27.85 | 29.56 | 23.12 | 39.1700 | 3.3700 | 5.15 | 0.78 |
| 2019-09 | 14.08 | 15.49 | 8.69 | 12.0900 | -- | -- | 0.56 |
| 2019-06 | 8.25 | 10.20 | 2.63 | 4.3000 | 0.5400 | 4.33 | 0.26 |
| 2019-03 | 3.00 | 5.46 | -- | 1.1900 | -- | -- | -- |
| 2018-12 | 28.07 | 31.10 | 26.76 | 40.1900 | 3.0700 | 9.11 | 0.86 |
| 2018-06 | 19.67 | 23.51 | 6.69 | 10.5400 | 0.6700 | -- | 0.28 |
| 2018-09 | 100.00 | 20.35 | -- | -- | -- | -- | -- |
| 2017-12 | 24.20 | 25.53 | 16.99 | 41.1200 | 2.0100 | 9.41 | 0.67 |
| 2017-06 | 12.69 | 15.80 | 4.22 | 12.8800 | 0.4100 | 6.68 | 0.27 |
| 2016-12 | 11.43 | 14.87 | 14.46 | 50.9200 | 1.4900 | 10.85 | 0.97 |
| 2016-06 | 9.99 | 11.65 | 7.14 | 19.7200 | 0.5600 | 8.09 | 0.61 |
| 2015-12 | 5.71 | 11.38 | 9.70 | 36.6300 | 1.1600 | 10.06 | 0.85 |
| 2014-12 | -2.05 | 0.57 | 0.37 | 0.9600 | 0.8300 | 7.77 | 0.65 |
| 2025-06 | -6.88 | -2.51 | -0.21 | 0.2900 | 0.4100 | 0.82 | 0.08 |
| 2025-09 | -12.12 | -7.20 | -0.86 | -0.2800 | 0.6000 | 0.85 | 0.12 |
| 2025-12 | -8.35 | -5.15 | -- | -- | -- | -- | -- |
| 2026-03 | -48.76 | -32.22 | -0.83 | -- | -- | -- | 0.03 |
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 | 27.70 | 72.30 | 3.2200 | 2.7100 |
| 2025-03 | 26.44 | 73.56 | 3.3200 | 2.6000 |
| 2024-09 | 26.45 | 73.55 | 3.4800 | 2.5300 |
| 2024-06 | 27.15 | 72.85 | 3.4000 | 2.6000 |
| 2024-03 | 26.76 | 73.24 | 3.5100 | 2.9100 |
| 2023-09 | 22.67 | 77.33 | 4.6400 | 3.5600 |
| 2023-12 | 31.42 | 68.63 | 2.9000 | 2.5500 |
| 2023-06 | 22.55 | 77.45 | 4.7300 | 3.8700 |
| 2023-03 | 22.27 | 77.73 | 5.2100 | 4.5200 |
| 2022-12 | 24.82 | 75.18 | 4.3400 | 3.9600 |
| 2022-09 | 22.38 | 77.56 | 5.3500 | 4.6700 |
| 2021-12 | 16.67 | 83.40 | 4.3800 | 3.2400 |
| 2022-06 | 21.32 | 78.68 | 5.5500 | 4.9000 |
| 2022-03 | 21.30 | 78.76 | 5.5800 | 5.0200 |
| 2021-09 | 13.01 | 86.99 | 5.4100 | 3.4600 |
| 2021-06 | 7.14 | 92.83 | 11.4600 | 7.8500 |
| 2020-12 | 10.29 | 89.71 | 7.9100 | 5.4500 |
| 2021-03 | 7.98 | 91.94 | 10.1500 | 6.8800 |
| 2020-09 | 10.24 | 89.68 | 7.9800 | 2.0600 |
| 2020-06 | 11.57 | 88.43 | 7.0800 | 2.3900 |
| 2020-03 | 11.42 | 88.51 | 8.4200 | 7.6900 |
| 2019-12 | 38.58 | 61.42 | 2.2900 | 1.7900 |
| 2019-09 | 30.03 | 0.00 | -- | -- |
| 2019-06 | 37.39 | 62.45 | 2.2100 | 1.2300 |
| 2019-03 | -- | -- | -- | -- |
| 2018-12 | 35.57 | 64.53 | 2.3500 | 1.8900 |
| 2018-06 | 39.41 | 60.50 | 2.4900 | 1.0900 |
| 2018-09 | -- | -- | -- | -- |
| 2017-12 | 45.76 | 54.24 | 2.1400 | 1.3900 |
| 2017-06 | 42.35 | 57.78 | 2.3300 | 1.5600 |
| 2016-12 | 68.48 | 31.45 | 1.4100 | 1.0300 |
| 2016-06 | 67.62 | 32.38 | 1.4300 | 0.7500 |
| 2015-12 | 71.69 | 28.31 | 1.3600 | 0.7900 |
| 2014-12 | 73.18 | 26.82 | 1.3300 | 0.8000 |
| 2025-06 | 25.81 | 74.19 | 3.4400 | 2.6100 |
| 2025-09 | 24.82 | 75.18 | 3.5900 | 2.6400 |
| 2025-12 | -- | -- | -- | -- |
| 2026-03 | 26.27 | 73.73 | -- | -- |
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 | 620000000.0000 | 44386000.0000 | 76144500.0000 | 7951900.0000 |
| 2025-03 | 68756200.0000 | 7599600.0000 | 15593300.0000 | 1575100.0000 |
| 2024-09 | 280000000.0000 | 33243400.0000 | 66802700.0000 | 2221900.0000 |
| 2024-06 | 197000000.0000 | 22038000.0000 | 51576100.0000 | 4122100.0000 |
| 2024-03 | 96594100.0000 | 11228800.0000 | 22933800.0000 | -473200.0000 |
| 2023-09 | 224000000.0000 | 36253300.0000 | 52255300.0000 | -4796700.0000 |
| 2023-12 | 653000000.0000 | 52171900.0000 | 77877700.0000 | 7201800.0000 |
| 2023-06 | 137000000.0000 | 23697300.0000 | 35129900.0000 | 3154200.0000 |
| 2023-03 | 64633600.0000 | 12065800.0000 | 17017400.0000 | -1504900.0000 |
| 2022-12 | 502000000.0000 | 53224900.0000 | 53539400.0000 | 7484800.0000 |
| 2022-09 | 231000000.0000 | 36984000.0000 | 35475100.0000 | -9904500.0000 |
| 2021-12 | 407000000.0000 | 40308200.0000 | 42666400.0000 | 515400.0000 |
| 2022-06 | 137000000.0000 | 22510700.0000 | 22678800.0000 | 622600.0000 |
| 2022-03 | 61407300.0000 | 10058000.0000 | 10128500.0000 | -2579800.0000 |
| 2021-09 | 180000000.0000 | 24178400.0000 | 29079500.0000 | -10832200.0000 |
| 2021-06 | 95772600.0000 | 15946100.0000 | 17370900.0000 | 204800.0000 |
| 2020-12 | 261000000.0000 | 36329900.0000 | 26562500.0000 | -3362300.0000 |
| 2021-03 | 39333500.0000 | 8211200.0000 | 7892300.0000 | -3495500.0000 |
| 2020-09 | 158000000.0000 | 22280500.0000 | 15850900.0000 | -3048600.0000 |
| 2020-06 | 82864800.0000 | 14301400.0000 | 10483400.0000 | -2374600.0000 |
| 2020-03 | 28871300.0000 | 5468700.0000 | 4881100.0000 | -208600.0000 |
| 2019-12 | 215000000.0000 | 30032300.0000 | 25476900.0000 | -994900.0000 |
| 2019-09 | 122000000.0000 | 18369700.0000 | 16613300.0000 | -549000.0000 |
| 2019-06 | 61795400.0000 | 11704800.0000 | 11391300.0000 | -298000.0000 |
| 2019-03 | 26614000.0000 | 5269700.0000 | 5422000.0000 | -170700.0000 |
| 2018-12 | 164000000.0000 | 26307100.0000 | 22747600.0000 | -277400.0000 |
| 2018-06 | 54396100.0000 | 8711300.0000 | 8993000.0000 | -115500.0000 |
| 2018-09 | -- | -- | -- | -- |
| 2017-12 | 119000000.0000 | 17909200.0000 | 19240800.0000 | -201800.0000 |
| 2017-06 | 41931800.0000 | 7690500.0000 | 9709800.0000 | -86600.0000 |
| 2016-12 | 93887100.0000 | 12553200.0000 | 22947300.0000 | -74300.0000 |
| 2016-06 | 34037500.0000 | 5475300.0000 | 14598700.0000 | -47500.0000 |
| 2015-12 | 68029500.0000 | 9971400.0000 | 30917000.0000 | -13800.0000 |
| 2014-12 | 40711100.0000 | 7132600.0000 | 16349800.0000 | -2300.0000 |
| 2025-06 | 171000000.0000 | 16370700.0000 | 35068200.0000 | 3693000.0000 |
| 2025-09 | 259000000.0000 | 28065900.0000 | 55246900.0000 | 5032600.0000 |
| 2025-12 | 454000000.0000 | 37321900.0000 | 72669500.0000 | 7242400.0000 |
| 2026-03 | 70471600.0000 | 7826800.0000 | 22432600.0000 | 1457200.0000 |