中商官网
研究报告
高铁电气（688285）
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 | 1008000000.0000 | -16.21 | 51444500.0000 | -23.85 | 51637000.0000 | -24.29 | 50369600.0000 | -17.94 |
| 2025-03-31 | 186000000.0000 | 58.97 | 5966300.0000 | 9554.21 | 6586600.0000 | 11516.58 | 5734800.0000 | 765.89 |
| 2024-09-30 | 622000000.0000 | -18.37 | 30979200.0000 | -59.66 | 30726500.0000 | -60.24 | 26759900.0000 | -57.25 |
| 2024-03-31 | 117000000.0000 | -45.83 | 61800.0000 | -99.62 | 56700.0000 | -99.66 | 662300.0000 | -95.47 |
| 2024-06-30 | 430000000.0000 | -14.51 | 27208300.0000 | -53.65 | 27050000.0000 | -54.27 | 23541600.0000 | -51.14 |
| 2023-12-31 | 1203000000.0000 | -19.15 | 67553600.0000 | -60.26 | 68201700.0000 | -59.88 | 61379300.0000 | -58.25 |
| 2023-09-30 | 762000000.0000 | -12.91 | 76802700.0000 | -18.03 | 77279000.0000 | -17.48 | 62593300.0000 | -20.48 |
| 2023-06-30 | 503000000.0000 | -21.04 | 58700600.0000 | -16.95 | 59152200.0000 | -16.25 | 48184300.0000 | -18.83 |
| 2023-03-31 | 216000000.0000 | -17.87 | 16437800.0000 | -41.75 | 16821900.0000 | -40.30 | 14627900.0000 | -35.35 |
| 2022-12-31 | 1488000000.0000 | 5.16 | 170000000.0000 | 2.41 | 170000000.0000 | 2.41 | 147000000.0000 | 0.68 |
| 2022-06-30 | 637000000.0000 | -20.97 | 70678000.0000 | -24.14 | 70632400.0000 | -26.27 | 59362000.0000 | -29.70 |
| 2022-09-30 | 875000000.0000 | -20.38 | 93690500.0000 | -19.92 | 93647900.0000 | -21.96 | 78713300.0000 | -25.03 |
| 2021-12-31 | 1415000000.0000 | 4.43 | 166000000.0000 | -13.09 | 166000000.0000 | -13.99 | 146000000.0000 | -10.98 |
| 2022-03-31 | 263000000.0000 | -12.62 | 28219000.0000 | -30.11 | 28175800.0000 | -30.89 | 22627800.0000 | -35.65 |
| 2021-09-30 | 1099000000.0000 | 9.14 | 117000000.0000 | -27.33 | 120000000.0000 | -26.38 | 105000000.0000 | -26.06 |
| 2021-03-31 | 301000000.0000 | 19.92 | 40373600.0000 | 18.14 | 40771400.0000 | 19.31 | 35163900.0000 | 20.77 |
| 2021-06-30 | 806000000.0000 | 23.24 | 93173100.0000 | -6.01 | 95802400.0000 | -5.15 | 84438500.0000 | -2.23 |
| 2020-12-31 | 1355000000.0000 | 5.28 | 191000000.0000 | 14.37 | 193000000.0000 | 14.88 | 164000000.0000 | 13.10 |
| 2020-09-30 | 1007000000.0000 | -- | 161000000.0000 | -- | 163000000.0000 | -- | 142000000.0000 | -- |
| 2020-06-30 | 654000000.0000 | 3.48 | 99135600.0000 | 58.45 | 101000000.0000 | 61.16 | 86368700.0000 | 64.98 |
| 2020-03-31 | 251000000.0000 | -- | 34173700.0000 | -- | 34172700.0000 | -- | 29117300.0000 | -- |
| 2019-12-31 | 1287000000.0000 | 23.75 | 167000000.0000 | 84.86 | 168000000.0000 | 86.57 | 145000000.0000 | 88.60 |
| 2019-06-30 | 632000000.0000 | 13.46 | 62564500.0000 | 51.58 | 62670800.0000 | 52.69 | 52352300.0000 | 57.77 |
| 2018-12-31 | 1040000000.0000 | 2.67 | 90339800.0000 | 21.12 | 90048700.0000 | 20.71 | 76880900.0000 | 21.55 |
| 2017-12-31 | 1013000000.0000 | 4.54 | 74588700.0000 | 85.96 | 74600300.0000 | 96.21 | 63249700.0000 | 106.16 |
| 2018-06-30 | 557000000.0000 | -- | 41274500.0000 | -- | 41044700.0000 | -- | 33182400.0000 | -- |
| 2018-03-31 | 175000000.0000 | -- | 13025200.0000 | -- | 12667200.0000 | -- | 10610900.0000 | -- |
| 2016-12-31 | 969000000.0000 | -- | 40109900.0000 | -- | 38020300.0000 | -- | 30680200.0000 | -- |
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 | 3.97 | 5.12 | 1.68 | 2.7700 | 2.4300 | 0.76 | 0.33 |
| 2025-03 | 2.15 | 3.54 | 0.22 | 0.3000 | 0.4000 | 0.62 | 0.06 |
| 2024-09 | 3.54 | 4.94 | 1.01 | 1.4500 | 1.3100 | 0.62 | 0.21 |
| 2024-03 | -1.71 | 0.05 | 0.00 | -0.0100 | 0.2400 | 0.34 | 0.04 |
| 2024-06 | 4.88 | 6.29 | 0.88 | 1.3100 | 0.9500 | 0.62 | 0.14 |
| 2023-12 | 4.74 | 5.67 | 2.12 | 3.4500 | 2.9900 | 0.87 | 0.37 |
| 2023-09 | 9.45 | 10.14 | 2.58 | 3.8700 | 1.5700 | 0.77 | 0.25 |
| 2023-06 | 10.74 | 11.76 | 1.90 | 2.9700 | 1.0100 | 0.74 | 0.16 |
| 2023-03 | 6.48 | 7.79 | 0.55 | 0.9100 | 0.4800 | 0.64 | 0.07 |
| 2022-12 | 10.75 | 11.42 | 5.35 | 9.2500 | 2.8000 | 1.34 | 0.47 |
| 2022-06 | 10.36 | 11.09 | 2.33 | 3.9400 | 1.0400 | 1.28 | 0.21 |
| 2022-09 | 10.06 | 10.70 | 3.11 | 5.2500 | 1.3300 | 1.24 | 0.29 |
| 2021-12 | 10.81 | 11.73 | 5.44 | 16.0400 | 2.0800 | 1.91 | 0.46 |
| 2022-03 | 10.27 | 10.71 | 0.96 | 1.4500 | 0.4000 | 1.11 | 0.09 |
| 2021-09 | 10.19 | 10.92 | 5.22 | 11.8300 | 1.7200 | 1.86 | 0.48 |
| 2021-03 | 12.96 | 13.55 | 1.87 | -- | 0.4100 | 1.83 | 0.14 |
| 2021-06 | 11.29 | 11.89 | 4.16 | -- | 1.2300 | 2.24 | 0.35 |
| 2020-12 | 13.95 | 14.24 | 9.03 | 23.9900 | 1.9000 | 2.11 | 0.63 |
| 2020-09 | 15.79 | 16.19 | -- | 17.8200 | -- | -- | -- |
| 2020-06 | 15.14 | 15.44 | 5.15 | -- | 0.9300 | 2.13 | 0.33 |
| 2020-03 | 13.55 | 13.61 | -- | -- | -- | -- | -- |
| 2019-12 | 12.90 | 13.05 | 8.95 | 26.5500 | 2.1300 | 1.71 | 0.69 |
| 2019-06 | 9.97 | 9.92 | 3.33 | 10.0900 | 1.1100 | 1.69 | 0.34 |
| 2018-12 | 8.65 | 8.66 | 5.16 | 18.5100 | 2.6100 | 1.27 | 0.60 |
| 2017-12 | 7.21 | 7.36 | 4.76 | 14.9600 | 3.6400 | 1.26 | 0.65 |
| 2018-06 | 7.36 | 7.37 | -- | 7.4800 | -- | -- | -- |
| 2018-03 | 7.43 | 7.24 | 0.81 | 2.7200 | 0.3900 | 0.89 | 0.11 |
| 2016-12 | 4.13 | 3.92 | 2.77 | 7.8000 | 4.5800 | 1.22 | 0.71 |
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 | 45.95 | 54.05 | 1.6800 | 1.4200 |
| 2025-03 | 43.53 | 56.47 | 1.7500 | 1.4200 |
| 2024-09 | 45.99 | 54.04 | 1.6000 | 1.2600 |
| 2024-03 | 46.36 | 53.67 | 1.6300 | 1.3300 |
| 2024-06 | 46.97 | 53.03 | 1.6100 | 1.3100 |
| 2023-12 | 49.35 | 50.65 | 1.5700 | 1.3400 |
| 2023-09 | 45.63 | 54.33 | 1.7100 | 1.4000 |
| 2023-06 | 47.26 | 52.74 | 1.6700 | 1.3500 |
| 2023-03 | 47.17 | 52.83 | 1.6800 | 1.4200 |
| 2022-12 | 49.57 | 50.43 | 1.6100 | 1.3900 |
| 2022-06 | 49.92 | 50.08 | 1.6500 | 1.3200 |
| 2022-09 | 48.99 | 51.01 | 1.6300 | 1.2600 |
| 2021-12 | 51.07 | 48.93 | 1.6500 | 1.2900 |
| 2022-03 | 48.35 | 51.65 | 1.7000 | 1.3200 |
| 2021-09 | 64.43 | 35.57 | 1.3100 | 0.9500 |
| 2021-03 | 65.43 | 34.62 | 1.3700 | 0.8800 |
| 2021-06 | 65.36 | 34.64 | 1.3700 | 0.9900 |
| 2020-12 | 66.50 | 33.55 | 1.3300 | 0.8600 |
| 2020-09 | -- | -- | -- | -- |
| 2020-06 | 67.47 | 32.59 | 1.1800 | 0.7200 |
| 2020-03 | -- | -- | -- | -- |
| 2019-12 | 66.65 | 33.35 | 1.3000 | 0.8300 |
| 2019-06 | 72.01 | 27.99 | 1.0700 | 0.6600 |
| 2018-12 | 74.31 | 25.69 | 1.1900 | 0.8900 |
| 2017-12 | 76.15 | 23.92 | 1.1700 | 0.9200 |
| 2018-06 | -- | -- | -- | -- |
| 2018-03 | 74.89 | 25.11 | 1.2000 | 0.8100 |
| 2016-12 | 71.47 | 28.53 | 1.2200 | 1.0300 |
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 | 968000000.0000 | 35935600.0000 | 34816700.0000 | 6193800.0000 |
| 2025-03 | 182000000.0000 | 9905800.0000 | 8628900.0000 | 478200.0000 |
| 2024-09 | 600000000.0000 | 23887700.0000 | 26488300.0000 | -205300.0000 |
| 2024-03 | 119000000.0000 | 7488300.0000 | 7735200.0000 | -247800.0000 |
| 2024-06 | 409000000.0000 | 15817300.0000 | 17071100.0000 | 8500.0000 |
| 2023-12 | 1146000000.0000 | 40611500.0000 | 39212400.0000 | 6426300.0000 |
| 2023-09 | 690000000.0000 | 24910200.0000 | 30471400.0000 | -242500.0000 |
| 2023-06 | 449000000.0000 | 15742600.0000 | 22577500.0000 | -129300.0000 |
| 2023-03 | 202000000.0000 | 7060100.0000 | 12626800.0000 | -629500.0000 |
| 2022-12 | 1328000000.0000 | 33667700.0000 | 42586800.0000 | 10309800.0000 |
| 2022-06 | 571000000.0000 | 13004400.0000 | 23885100.0000 | 5632500.0000 |
| 2022-09 | 787000000.0000 | 21349700.0000 | 34871200.0000 | -67100.0000 |
| 2021-12 | 1262000000.0000 | 30538100.0000 | 47100700.0000 | 12617700.0000 |
| 2022-03 | 236000000.0000 | 4988600.0000 | 12727200.0000 | 315800.0000 |
| 2021-09 | 987000000.0000 | 20339300.0000 | 35028800.0000 | 7871200.0000 |
| 2021-03 | 262000000.0000 | 7049700.0000 | 11112800.0000 | 2496200.0000 |
| 2021-06 | 715000000.0000 | 13043700.0000 | 24437200.0000 | 6272500.0000 |
| 2020-12 | 1166000000.0000 | 25478100.0000 | 47855900.0000 | 9718500.0000 |
| 2020-09 | 848000000.0000 | 17154200.0000 | 29208400.0000 | 6506600.0000 |
| 2020-06 | 555000000.0000 | 11003600.0000 | 18489000.0000 | 4239400.0000 |
| 2020-03 | 217000000.0000 | 4080400.0000 | 9216800.0000 | 2433300.0000 |
| 2019-12 | 1121000000.0000 | 53140600.0000 | 50897600.0000 | 2579000.0000 |
| 2019-06 | 569000000.0000 | 26653700.0000 | 23226800.0000 | 488500.0000 |
| 2018-12 | 950000000.0000 | 46556400.0000 | 44511900.0000 | 407400.0000 |
| 2017-12 | 940000000.0000 | 56480700.0000 | 42469700.0000 | 1910200.0000 |
| 2018-06 | 516000000.0000 | 22816300.0000 | 19243300.0000 | 1000.0000 |
| 2018-03 | 162000000.0000 | 10948900.0000 | 17320000.0000 | -800.0000 |
| 2016-12 | 929000000.0000 | 47314700.0000 | 80264800.0000 | 3649100.0000 |