中商官网
研究报告
万润新能（688275）
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 | 2278000000.0000 | 97.23 | -191000000.0000 | 19.38 | -191000000.0000 | 20.89 | -162000000.0000 | 13.29 |
| 2024-09-30 | 4852000000.0000 | -51.48 | -699000000.0000 | -39.16 | -698000000.0000 | -38.93 | -625000000.0000 | -36.61 |
| 2024-06-30 | 2948000000.0000 | -48.97 | -476000000.0000 | -53.01 | -476000000.0000 | -52.68 | -426000000.0000 | -50.69 |
| 2024-12-31 | 7523000000.0000 | -38.20 | -993000000.0000 | -42.30 | -992000000.0000 | -42.16 | -906000000.0000 | -41.44 |
| 2024-03-31 | 1155000000.0000 | -62.72 | -160000000.0000 | 342.67 | -158000000.0000 | 338.64 | -143000000.0000 | 267.87 |
| 2023-12-31 | 12174000000.0000 | -1.43 | -1721000000.0000 | -278.71 | -1715000000.0000 | -276.80 | -1547000000.0000 | -262.16 |
| 2023-03-31 | 3098000000.0000 | 101.69 | -36144100.0000 | -113.44 | -36020200.0000 | -113.39 | -38872800.0000 | -116.76 |
| 2023-09-30 | 10001000000.0000 | 34.42 | -1149000000.0000 | -228.38 | -1143000000.0000 | -227.57 | -986000000.0000 | -223.71 |
| 2023-06-30 | 5777000000.0000 | 70.16 | -1013000000.0000 | -278.66 | -1006000000.0000 | -277.43 | -864000000.0000 | -275.61 |
| 2022-12-31 | 12351000000.0000 | 454.10 | 963000000.0000 | 118.37 | 970000000.0000 | 151.30 | 954000000.0000 | 170.25 |
| 2022-09-30 | 7440000000.0000 | 549.78 | 895000000.0000 | 349.75 | 896000000.0000 | 352.53 | 797000000.0000 | 333.15 |
| 2022-06-30 | 3395000000.0000 | 386.39 | 567000000.0000 | 278.00 | 567000000.0000 | 275.50 | 492000000.0000 | 246.48 |
| 2022-03-31 | 1536000000.0000 | 438.95 | 269000000.0000 | 560.53 | 269000000.0000 | 561.99 | 232000000.0000 | 442.86 |
| 2021-12-31 | 2229000000.0000 | 223.98 | 441000000.0000 | -1097.28 | 386000000.0000 | -965.83 | 353000000.0000 | -920.36 |
| 2021-09-30 | 1145000000.0000 | -- | 199000000.0000 | -- | 198000000.0000 | -- | 184000000.0000 | -- |
| 2021-06-30 | 698000000.0000 | -- | 150000000.0000 | -- | 151000000.0000 | -- | 142000000.0000 | -- |
| 2021-03-31 | 285000000.0000 | -- | 40724800.0000 | -- | 40634900.0000 | -- | 42736400.0000 | -- |
| 2020-12-31 | 688000000.0000 | -10.18 | -44220300.0000 | -28.88 | -44581700.0000 | -28.33 | -43029700.0000 | -41.17 |
| 2019-12-31 | 766000000.0000 | -18.42 | -62174200.0000 | -527.98 | -62202400.0000 | -601.38 | -73138000.0000 | -2778.95 |
| 2018-12-31 | 939000000.0000 | -- | 14527200.0000 | -- | 12406200.0000 | -- | 2730100.0000 | -- |
| 2025-06-30 | 4436000000.0000 | 50.47 | -327000000.0000 | -31.30 | -326000000.0000 | -31.51 | -282000000.0000 | -33.80 |
| 2025-09-30 | 7336000000.0000 | 51.20 | -439000000.0000 | -37.20 | -437000000.0000 | -37.39 | -374000000.0000 | -40.16 |
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 | -7.99 | -8.38 | -1.02 | -2.8100 | 1.9600 | 4.29 | 0.12 |
| 2024-09 | -14.94 | -14.39 | -4.14 | -9.5600 | 6.0000 | 4.79 | 0.29 |
| 2024-06 | -16.86 | -16.15 | -2.74 | -6.3600 | 3.4000 | 5.12 | 0.17 |
| 2024-12 | -13.73 | -13.19 | -5.61 | -14.2800 | 8.8400 | 4.72 | 0.43 |
| 2024-03 | -14.55 | -13.68 | -0.87 | -2.0000 | 1.5200 | 4.24 | 0.06 |
| 2023-12 | -14.53 | -14.09 | -8.83 | -19.8300 | 7.6800 | 7.27 | 0.63 |
| 2023-03 | -0.32 | -1.16 | -0.19 | -0.3900 | 1.1300 | 7.85 | 0.16 |
| 2023-09 | -11.19 | -11.43 | -5.58 | -11.9000 | 4.9300 | 7.35 | 0.49 |
| 2023-06 | -16.81 | -17.41 | -5.11 | -10.3500 | 2.3600 | 6.10 | 0.29 |
| 2022-12 | 7.98 | 7.85 | 4.88 | 27.3500 | 7.5200 | 8.96 | 0.62 |
| 2022-09 | 12.18 | 12.04 | 5.37 | 42.0300 | 6.8700 | 9.41 | 0.45 |
| 2022-06 | 16.58 | 16.70 | 8.04 | 28.4800 | 2.8800 | 10.51 | 0.48 |
| 2022-03 | 17.77 | 17.51 | 4.75 | -- | -- | -- | 0.27 |
| 2021-12 | 19.87 | 17.32 | 8.27 | 29.1200 | 7.4500 | 5.72 | 0.48 |
| 2021-09 | 17.73 | 17.29 | 6.57 | 16.7400 | 4.5500 | 7.03 | 0.38 |
| 2021-06 | 21.92 | 21.63 | -- | -- | -- | -- | -- |
| 2021-03 | 100.00 | 14.26 | -- | -- | -- | -- | -- |
| 2020-12 | -7.12 | -6.48 | -1.89 | -4.3800 | 3.9100 | 3.44 | 0.29 |
| 2019-12 | -8.09 | -8.12 | -3.12 | -7.3900 | 3.1400 | 4.53 | 0.38 |
| 2018-12 | 0.85 | 1.32 | 0.60 | 0.2800 | 3.6000 | 5.73 | 0.46 |
| 2025-06 | -8.88 | -7.35 | -1.80 | -4.8600 | 4.3000 | 4.35 | 0.24 |
| 2025-09 | -6.60 | -5.96 | -2.40 | -- | -- | -- | 0.40 |
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 | 71.16 | 28.83 | 0.8100 | 0.6500 |
| 2024-09 | 65.10 | 34.90 | 0.9000 | 0.7300 |
| 2024-06 | 64.82 | 35.18 | 1.0400 | 0.7800 |
| 2024-12 | 68.39 | 31.61 | 0.8000 | 0.6600 |
| 2024-03 | 64.78 | 35.22 | 1.1700 | 0.9400 |
| 2023-12 | 66.08 | 33.92 | 1.1700 | 0.9400 |
| 2023-03 | 54.79 | 45.21 | 1.5900 | 1.1100 |
| 2023-09 | 64.16 | 35.84 | 1.2700 | 0.9800 |
| 2023-06 | 62.18 | 37.82 | 1.2800 | 0.8400 |
| 2022-12 | 56.08 | 43.92 | 1.5600 | 1.1400 |
| 2022-09 | 48.64 | 51.35 | 2.0900 | 1.6400 |
| 2022-06 | 70.37 | 29.64 | 1.0400 | 0.5600 |
| 2022-03 | 68.10 | 31.90 | -- | -- |
| 2021-12 | 66.30 | 33.70 | 0.8700 | 0.6600 |
| 2021-09 | 53.49 | 46.48 | 0.7700 | 0.5000 |
| 2021-06 | -- | -- | -- | -- |
| 2021-03 | -- | -- | -- | -- |
| 2020-12 | 54.27 | 45.73 | 0.8300 | 0.6900 |
| 2019-12 | 43.93 | 56.12 | 0.9200 | 0.5900 |
| 2018-12 | 51.95 | 48.05 | 0.9500 | 0.6300 |
| 2025-06 | 70.96 | 29.04 | 0.7700 | 0.6400 |
| 2025-09 | 71.57 | 28.43 | -- | -- |
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 | 2460000000.0000 | 10172500.0000 | 83577000.0000 | 58736900.0000 |
| 2024-09 | 5577000000.0000 | 33732300.0000 | 228000000.0000 | 162000000.0000 |
| 2024-06 | 3445000000.0000 | 22518600.0000 | 153000000.0000 | 137000000.0000 |
| 2024-12 | 8556000000.0000 | 46879200.0000 | 322000000.0000 | 271000000.0000 |
| 2024-03 | 1323000000.0000 | 10838800.0000 | 68585900.0000 | 53546000.0000 |
| 2023-12 | 13943000000.0000 | 51679000.0000 | 284000000.0000 | 235000000.0000 |
| 2023-03 | 3108000000.0000 | 12207200.0000 | 54461100.0000 | 26851600.0000 |
| 2023-09 | 11120000000.0000 | 43031600.0000 | 188000000.0000 | 101000000.0000 |
| 2023-06 | 6748000000.0000 | 27124400.0000 | 123000000.0000 | 84022300.0000 |
| 2022-12 | 11365000000.0000 | 37843200.0000 | 149000000.0000 | 95163300.0000 |
| 2022-09 | 6534000000.0000 | 27069700.0000 | 101000000.0000 | 60366300.0000 |
| 2022-06 | 2832000000.0000 | 12018000.0000 | 58861100.0000 | 32955000.0000 |
| 2022-03 | 1263000000.0000 | 5088600.0000 | 28116600.0000 | 12372000.0000 |
| 2021-12 | 1786000000.0000 | 12092000.0000 | 85076900.0000 | 21090100.0000 |
| 2021-09 | 942000000.0000 | 8131000.0000 | 49891000.0000 | 16449200.0000 |
| 2021-06 | 545000000.0000 | 4844400.0000 | 30355900.0000 | 11426300.0000 |
| 2021-03 | -- | -- | -- | 6362800.0000 |
| 2020-12 | 737000000.0000 | 8539000.0000 | 69474400.0000 | 16702600.0000 |
| 2019-12 | 828000000.0000 | 21911600.0000 | 69211800.0000 | 11503500.0000 |
| 2018-12 | 931000000.0000 | 19688400.0000 | 58061900.0000 | 22103900.0000 |
| 2025-06 | 4830000000.0000 | 19306700.0000 | 161000000.0000 | 133000000.0000 |
| 2025-09 | 7820000000.0000 | 28338700.0000 | 229000000.0000 | 167000000.0000 |