中商官网
研究报告
西高院（688334）
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 | 207000000.0000 | 12.50 | 84628000.0000 | 10.46 | 84652000.0000 | 10.47 | 72309700.0000 | 12.95 |
| 2024-12-31 | 798000000.0000 | 5.70 | 281000000.0000 | 19.07 | 282000000.0000 | 18.99 | 255000000.0000 | 20.85 |
| 2024-03-31 | 184000000.0000 | 35.29 | 76616000.0000 | 87.96 | 76626100.0000 | 86.99 | 64017500.0000 | 83.82 |
| 2024-09-30 | 566000000.0000 | 5.60 | 209000000.0000 | 12.37 | 210000000.0000 | 12.30 | 177000000.0000 | 7.27 |
| 2024-06-30 | 376000000.0000 | 35.74 | 150000000.0000 | 64.45 | 151000000.0000 | 64.62 | 130000000.0000 | 60.38 |
| 2023-09-30 | 536000000.0000 | 37.08 | 186000000.0000 | 73.83 | 187000000.0000 | 87.52 | 165000000.0000 | 92.88 |
| 2023-12-31 | 755000000.0000 | 44.91 | 236000000.0000 | 59.46 | 237000000.0000 | 68.09 | 211000000.0000 | 62.31 |
| 2023-03-31 | 136000000.0000 | 58.69 | 40762400.0000 | 231.00 | 40979400.0000 | 233.31 | 34827000.0000 | 253.85 |
| 2023-06-30 | 277000000.0000 | 13.06 | 91214900.0000 | 33.57 | 91727200.0000 | 52.21 | 81056900.0000 | 56.19 |
| 2022-09-30 | 391000000.0000 | 23.73 | 107000000.0000 | 58.95 | 99722500.0000 | 41.43 | 85546600.0000 | 39.01 |
| 2022-06-30 | 245000000.0000 | -- | 68288100.0000 | -- | 60263400.0000 | -- | 51895800.0000 | -- |
| 2022-12-31 | 521000000.0000 | 16.55 | 148000000.0000 | 59.49 | 141000000.0000 | 48.70 | 130000000.0000 | 59.39 |
| 2022-03-31 | 85700600.0000 | -- | 12314900.0000 | -- | 12294600.0000 | -- | 9842200.0000 | -- |
| 2021-12-31 | 447000000.0000 | 29.57 | 92793100.0000 | 25.28 | 94821200.0000 | 24.72 | 81558500.0000 | 25.24 |
| 2020-12-31 | 345000000.0000 | -13.75 | 74070400.0000 | -32.05 | 76028100.0000 | -31.51 | 65119900.0000 | -31.46 |
| 2021-09-30 | 316000000.0000 | -- | 67316700.0000 | -- | 70507800.0000 | -- | 61540200.0000 | -- |
| 2019-12-31 | 400000000.0000 | -- | 109000000.0000 | -- | 111000000.0000 | -- | 95014000.0000 | -- |
| 2025-06-30 | 420000000.0000 | 11.70 | 168000000.0000 | 12.00 | 168000000.0000 | 11.26 | 148000000.0000 | 13.85 |
| 2025-09-30 | 651000000.0000 | 15.02 | 259000000.0000 | 23.92 | 259000000.0000 | 23.33 | 221000000.0000 | 24.86 |
| 2026-03-31 | 218000000.0000 | 5.31 | 89547500.0000 | 5.81 | 89547500.0000 | 5.78 | 77054800.0000 | 6.56 |
| 2025-12-31 | -- | -100.00 | 319000000.0000 | 13.52 | -- | -100.00 | -- | -100.00 |
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 | 34.78 | 40.89 | 2.31 | 2.2400 | 1.6500 | 7.97 | 0.06 |
| 2024-12 | 27.19 | 35.34 | 7.95 | 7.5300 | 7.1300 | 12.03 | 0.22 |
| 2024-03 | 33.15 | 41.64 | 2.19 | 1.5300 | 1.5200 | 11.41 | 0.05 |
| 2024-09 | 28.62 | 37.10 | 5.91 | 5.3100 | 5.3200 | 7.46 | 0.16 |
| 2024-06 | 31.12 | 40.16 | 4.32 | 3.2500 | 3.2100 | 11.55 | 0.11 |
| 2023-09 | 27.80 | 34.89 | 5.51 | 5.5400 | 3.2200 | 8.27 | 0.16 |
| 2023-12 | 22.91 | 31.39 | 6.52 | 6.6900 | 4.7300 | 12.89 | 0.21 |
| 2023-03 | 21.32 | 30.13 | 1.80 | 1.8600 | 1.0800 | 9.24 | 0.06 |
| 2023-06 | 24.19 | 33.11 | 2.77 | 4.3100 | 1.9900 | 9.47 | 0.08 |
| 2022-09 | 20.20 | 25.50 | 4.42 | -- | -- | -- | 0.17 |
| 2022-06 | 20.82 | 24.60 | 2.72 | 2.9700 | 1.7200 | 5.99 | 0.11 |
| 2022-12 | 19.96 | 27.06 | 6.25 | 7.3100 | 3.5100 | 7.85 | 0.23 |
| 2022-03 | 8.24 | 14.35 | -- | -- | -- | -- | -- |
| 2021-12 | 16.55 | 21.21 | 4.37 | 9.1400 | 3.2600 | 6.99 | 0.21 |
| 2020-12 | 16.81 | 22.04 | 5.95 | 9.1500 | 2.4700 | 7.06 | 0.27 |
| 2021-09 | 100.00 | 22.31 | -- | -- | -- | -- | -- |
| 2019-12 | 22.50 | 27.75 | 11.03 | 17.4600 | 3.4900 | 8.94 | 0.40 |
| 2025-06 | 33.81 | 40.00 | 4.54 | 4.6800 | 3.3400 | 7.85 | 0.11 |
| 2025-09 | 33.95 | 39.78 | 7.04 | 6.9000 | 5.4300 | 7.89 | 0.18 |
| 2026-03 | 36.24 | 41.08 | -- | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- | -- | -- | -- |
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 | 18.16 | 81.84 | 3.4000 | 2.5000 |
| 2024-12 | 17.45 | 82.55 | 3.2100 | 2.5000 |
| 2024-03 | 12.65 | 87.35 | 5.3400 | 3.6700 |
| 2024-09 | 17.45 | 82.53 | 3.1500 | 2.6300 |
| 2024-06 | 13.17 | 86.83 | 5.1200 | 3.3500 |
| 2023-09 | 12.29 | 87.71 | 4.9200 | 4.6100 |
| 2023-12 | 14.82 | 85.18 | 5.4900 | 3.6700 |
| 2023-03 | 17.14 | 82.82 | 2.0900 | 1.6800 |
| 2023-06 | 11.39 | 88.61 | 6.4200 | 6.0000 |
| 2022-09 | 20.06 | 79.94 | -- | -- |
| 2022-06 | 20.19 | 79.81 | 2.5100 | 2.2100 |
| 2022-12 | 17.92 | 82.08 | 2.1300 | 1.6300 |
| 2022-03 | -- | -- | -- | -- |
| 2021-12 | 20.81 | 79.14 | 2.5200 | 2.1500 |
| 2020-12 | 46.56 | 53.36 | 1.0800 | 0.7800 |
| 2021-09 | -- | -- | -- | -- |
| 2019-12 | 47.71 | 52.29 | 1.5700 | 1.2800 |
| 2025-06 | 17.14 | 82.86 | 3.6900 | 2.7300 |
| 2025-09 | 16.73 | 83.27 | 4.4400 | 3.0300 |
| 2026-03 | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- |
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 | 135000000.0000 | 3430100.0000 | 21741800.0000 | -1124800.0000 |
| 2024-12 | 581000000.0000 | 18886900.0000 | 94111700.0000 | 827200.0000 |
| 2024-03 | 123000000.0000 | 3738100.0000 | 17832900.0000 | -2231400.0000 |
| 2024-09 | 404000000.0000 | 12235100.0000 | 60542900.0000 | -6285100.0000 |
| 2024-06 | 259000000.0000 | 8127500.0000 | 39458300.0000 | 281000.0000 |
| 2023-09 | 387000000.0000 | 9869900.0000 | 57552300.0000 | -4775800.0000 |
| 2023-12 | 582000000.0000 | 17061300.0000 | 89752200.0000 | 713200.0000 |
| 2023-03 | 107000000.0000 | 2352300.0000 | 16747300.0000 | -1061700.0000 |
| 2023-06 | 210000000.0000 | 5163100.0000 | 37711200.0000 | 126700.0000 |
| 2022-09 | 312000000.0000 | 7331000.0000 | 55301200.0000 | -4751400.0000 |
| 2022-06 | 194000000.0000 | 4192800.0000 | 36602300.0000 | 149600.0000 |
| 2022-12 | 417000000.0000 | 11808800.0000 | 79657800.0000 | 300200.0000 |
| 2022-03 | 78637000.0000 | 1236200.0000 | 18651100.0000 | -5399500.0000 |
| 2021-12 | 373000000.0000 | 7121800.0000 | 63408500.0000 | 346400.0000 |
| 2020-12 | 287000000.0000 | 6846500.0000 | 57521600.0000 | 392700.0000 |
| 2021-09 | -- | -- | -- | -- |
| 2019-12 | 310000000.0000 | 6549700.0000 | 57063200.0000 | 438900.0000 |
| 2025-06 | 278000000.0000 | 7817200.0000 | 44352400.0000 | 256300.0000 |
| 2025-09 | 430000000.0000 | 12184000.0000 | 67366000.0000 | -4364800.0000 |
| 2026-03 | 139000000.0000 | 2957800.0000 | 19728700.0000 | -2448500.0000 |
| 2025-12 | -- | -- | -- | -- |