中商官网
研究报告
山外山（688410）
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 | 189000000.0000 | 16.67 | 44737800.0000 | 22.75 | 40696600.0000 | 12.33 | 36905100.0000 | 9.92 |
| 2024-12-31 | 567000000.0000 | -17.83 | 79581600.0000 | -63.33 | 68418200.0000 | -68.90 | 64000400.0000 | -66.67 |
| 2024-06-30 | 278000000.0000 | -29.62 | 48552300.0000 | -69.65 | 44692000.0000 | -70.98 | 44420200.0000 | -66.60 |
| 2024-03-31 | 162000000.0000 | -16.06 | 36445900.0000 | -59.13 | 36230000.0000 | -57.95 | 33575300.0000 | -54.75 |
| 2024-09-30 | 418000000.0000 | -27.43 | 68307900.0000 | -68.67 | 60842700.0000 | -70.89 | 59846700.0000 | -66.75 |
| 2023-12-31 | 690000000.0000 | 80.63 | 217000000.0000 | 248.73 | 220000000.0000 | 247.22 | 192000000.0000 | 237.41 |
| 2023-09-30 | 576000000.0000 | 122.39 | 218000000.0000 | 473.36 | 209000000.0000 | 481.86 | 180000000.0000 | 450.39 |
| 2023-06-30 | 395000000.0000 | 158.17 | 160000000.0000 | 734.04 | 154000000.0000 | 802.34 | 133000000.0000 | 730.63 |
| 2023-03-31 | 193000000.0000 | 187.09 | 89172000.0000 | 808.76 | 86151000.0000 | 1035.84 | 74198500.0000 | 914.67 |
| 2022-09-30 | 259000000.0000 | 37.04 | 38021400.0000 | 270.46 | 35919200.0000 | 544.90 | 32704000.0000 | 1161.29 |
| 2022-12-31 | 382000000.0000 | 34.98 | 62225800.0000 | 115.44 | 63360000.0000 | 187.36 | 56904700.0000 | 213.68 |
| 2022-06-30 | 153000000.0000 | 15.91 | 19183800.0000 | 158.09 | 17066800.0000 | 233.45 | 16012000.0000 | 370.17 |
| 2021-12-31 | 283000000.0000 | 11.42 | 28883400.0000 | 34.04 | 22049200.0000 | 4.90 | 18140900.0000 | -1.05 |
| 2022-03-31 | 67225400.0000 | 7.35 | 9812500.0000 | 206.24 | 7584800.0000 | -- | 7312600.0000 | 179.54 |
| 2021-06-30 | 132000000.0000 | -- | 7432900.0000 | -- | 5118200.0000 | -- | 3405600.0000 | -- |
| 2021-09-30 | 189000000.0000 | -- | 10263200.0000 | -- | 5569700.0000 | -- | 2592900.0000 | -- |
| 2020-12-31 | 254000000.0000 | 78.87 | 21548500.0000 | -164.64 | 21018800.0000 | -160.11 | 18334100.0000 | -152.48 |
| 2019-12-31 | 142000000.0000 | 24.56 | -33338300.0000 | 20.42 | -34968700.0000 | 26.16 | -34933300.0000 | 26.84 |
| 2021-03-31 | 62624500.0000 | -- | 3204200.0000 | -- | -- | NaN | 2615900.0000 | -- |
| 2018-06-30 | 53895700.0000 | 57.02 | -6451700.0000 | 24.02 | -6171100.0000 | 55.01 | -6114400.0000 | 104.63 |
| 2018-12-31 | 114000000.0000 | 33.40 | -27685200.0000 | 284.35 | -27717300.0000 | 498.31 | -27540600.0000 | 625.96 |
| 2018-03-31 | 24230800.0000 | 54.83 | -7724800.0000 | 158.04 | -7490600.0000 | 498.82 | -7426300.0000 | 493.68 |
| 2017-12-31 | 85457200.0000 | -2.01 | -7203100.0000 | 229.12 | -4632600.0000 | -195.91 | -3793700.0000 | -183.10 |
| 2017-06-30 | 34323600.0000 | 2.06 | -5202300.0000 | 24.46 | -3981200.0000 | 31.88 | -2988100.0000 | 12.99 |
| 2016-12-31 | 87211300.0000 | 52.06 | -2188600.0000 | -58.44 | 4830100.0000 | 218.69 | 4565400.0000 | 197.28 |
| 2017-03-31 | 15649900.0000 | -- | -2993700.0000 | -∞ | -1250900.0000 | -∞ | -1250900.0000 | -∞ |
| 2016-06-30 | 33629600.0000 | 32.40 | -4179800.0000 | -7.44 | -3018800.0000 | 147.67 | -2644500.0000 | 126.66 |
| 2015-12-31 | 57354900.0000 | 50.96 | -5265500.0000 | -54.15 | 1515600.0000 | -138.18 | 1535700.0000 | -141.06 |
| 2014-12-31 | 37994400.0000 | -- | -11483300.0000 | -∞ | -3969300.0000 | -∞ | -3740500.0000 | -∞ |
| 2015-06-30 | 25400500.0000 | -- | -4515900.0000 | -∞ | -1218900.0000 | -∞ | -1166700.0000 | -∞ |
| 2025-06-30 | 357000000.0000 | 28.42 | 67715400.0000 | 39.47 | 60135200.0000 | 34.55 | 54225100.0000 | 22.07 |
| 2025-09-30 | 584000000.0000 | 39.71 | 126000000.0000 | 84.46 | 116000000.0000 | 90.66 | 103000000.0000 | 72.11 |
| 2025-12-31 | 807000000.0000 | 42.33 | 183000000.0000 | 129.95 | 165000000.0000 | 141.16 | 144000000.0000 | 125.00 |
| 2026-03-31 | 230000000.0000 | 21.69 | 63923500.0000 | 42.88 | 62162200.0000 | 52.75 | 54476700.0000 | 47.61 |
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 | 19.05 | 21.53 | 1.99 | 2.1700 | 0.6800 | 6.82 | 0.09 |
| 2024-12 | 6.17 | 12.07 | 3.40 | 4.0300 | 2.0600 | 5.49 | 0.28 |
| 2024-06 | 9.71 | 16.08 | 2.29 | 2.6600 | 1.0500 | 5.26 | 0.14 |
| 2024-03 | 16.05 | 22.36 | 1.90 | 2.0000 | 0.6200 | 6.00 | 0.09 |
| 2024-09 | 8.61 | 14.56 | 3.15 | 3.6300 | 1.4700 | 5.42 | 0.22 |
| 2023-12 | 25.51 | 31.88 | 11.36 | 12.0500 | 2.2500 | 6.32 | 0.36 |
| 2023-09 | 31.42 | 36.28 | 10.82 | 11.3100 | 1.7600 | 6.54 | 0.30 |
| 2023-06 | 33.16 | 38.99 | 7.74 | 8.4800 | 1.0800 | 6.65 | 0.20 |
| 2023-03 | 36.27 | 44.64 | 4.24 | 4.8000 | 0.5300 | 6.62 | 0.10 |
| 2022-09 | 8.49 | 13.87 | 5.74 | 8.4700 | 2.0200 | 2.71 | 0.41 |
| 2022-12 | 9.69 | 16.59 | 3.29 | 14.1100 | 2.2000 | 3.18 | 0.20 |
| 2022-06 | 5.88 | 11.15 | 2.86 | 4.3200 | 1.2300 | 2.35 | 0.26 |
| 2021-12 | 3.18 | 7.79 | 3.97 | 5.2000 | 2.4400 | 2.69 | 0.51 |
| 2022-03 | 6.90 | 11.28 | 1.38 | -- | -- | -- | 0.12 |
| 2021-06 | 0.76 | 3.88 | 0.95 | 1.0900 | 1.1100 | 2.58 | 0.25 |
| 2021-09 | -1.06 | 2.95 | -- | -- | -- | -- | -- |
| 2020-12 | 2.76 | 8.28 | 3.54 | 12.0000 | 2.6300 | 3.63 | 0.43 |
| 2019-12 | -26.76 | -24.63 | -12.86 | -23.6700 | 3.0400 | 2.82 | 0.52 |
| 2021-03 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2018-06 | -18.64 | -11.45 | -2.17 | -3.0100 | 1.7000 | -- | 0.19 |
| 2018-12 | -29.82 | -24.31 | -9.73 | -15.5400 | 3.1100 | 2.20 | 0.40 |
| 2018-03 | -31.88 | -30.91 | -2.42 | -3.7600 | 1.0000 | 1.69 | 0.08 |
| 2017-12 | -15.78 | -5.42 | -1.48 | -3.4400 | 3.0500 | 1.61 | 0.27 |
| 2017-06 | -21.20 | -11.60 | -2.46 | -3.1100 | 1.2600 | 1.35 | 0.21 |
| 2016-12 | -2.64 | 5.54 | 3.60 | 5.2600 | 2.7300 | 2.35 | 0.65 |
| 2017-03 | -19.13 | -7.99 | -- | -1.3100 | -- | -- | -- |
| 2016-06 | -12.71 | -8.98 | -2.42 | -3.1800 | 1.0400 | 2.28 | 0.27 |
| 2015-12 | -9.60 | 2.64 | 1.11 | 1.8300 | 1.6000 | 2.50 | 0.42 |
| 2014-12 | -30.22 | -10.45 | -2.88 | -8.6600 | 1.2100 | 1.82 | 0.28 |
| 2015-06 | -18.14 | -4.80 | -- | -1.4200 | -- | -- | -- |
| 2025-06 | 12.89 | 16.84 | 2.92 | 3.2100 | 1.2600 | 6.62 | 0.17 |
| 2025-09 | 14.90 | 19.86 | 5.34 | 6.0400 | 2.0900 | 6.73 | 0.27 |
| 2025-12 | 15.99 | 20.45 | -- | -- | -- | -- | -- |
| 2026-03 | 23.04 | 27.03 | 2.61 | -- | -- | -- | 0.10 |
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 | 15.81 | 84.14 | 7.5900 | 6.7700 |
| 2024-12 | 16.55 | 83.40 | 7.2300 | 6.5000 |
| 2024-06 | 13.60 | 86.40 | 10.0700 | 9.1400 |
| 2024-03 | 10.25 | 89.75 | 17.3100 | 15.6600 |
| 2024-09 | 12.49 | 87.51 | 12.0200 | 10.8300 |
| 2023-12 | 12.40 | 87.60 | 12.2100 | 11.0200 |
| 2023-09 | 13.25 | 86.75 | 11.2200 | 10.0200 |
| 2023-06 | 17.04 | 82.96 | 7.5000 | 6.5900 |
| 2023-03 | 21.71 | 78.29 | 5.3400 | 4.7400 |
| 2022-09 | 32.27 | 67.57 | 4.0600 | 3.1000 |
| 2022-12 | 21.29 | 78.66 | 5.5500 | 5.0800 |
| 2022-06 | 31.83 | 68.01 | 4.3600 | 3.2600 |
| 2021-12 | 29.86 | 69.96 | 5.7600 | 4.6100 |
| 2022-03 | 27.95 | 72.05 | -- | -- |
| 2021-06 | 30.41 | 69.78 | 6.1200 | 4.7900 |
| 2021-09 | -- | -- | -- | -- |
| 2020-12 | 37.88 | 62.12 | 3.0500 | 2.4400 |
| 2019-12 | 51.10 | 48.90 | 2.4100 | 1.5400 |
| 2021-03 | -- | -- | -- | -- |
| 2018-06 | 29.59 | 70.42 | 6.5400 | 5.2600 |
| 2018-12 | 41.05 | 58.95 | 3.4200 | 2.4800 |
| 2018-03 | 35.81 | 64.19 | 4.0900 | 2.8600 |
| 2017-12 | 33.87 | 65.81 | 4.7900 | 4.2000 |
| 2017-06 | 40.25 | 59.45 | 4.4100 | 3.2500 |
| 2016-12 | 33.86 | 66.47 | 3.3600 | 2.6700 |
| 2017-03 | -- | -- | -- | -- |
| 2016-06 | 34.83 | 65.49 | 3.4700 | 2.5400 |
| 2015-12 | 38.67 | 61.68 | 3.4000 | 2.1100 |
| 2014-12 | 39.64 | 60.12 | 3.4400 | 2.7100 |
| 2015-06 | -- | -- | -- | -- |
| 2025-06 | 17.00 | 83.00 | 6.5400 | 5.9300 |
| 2025-09 | 18.91 | 81.09 | 5.6900 | 5.1600 |
| 2025-12 | -- | -- | -- | -- |
| 2026-03 | 22.97 | 0.00 | -- | -- |
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 | 153000000.0000 | 27191100.0000 | 9830700.0000 | -1694300.0000 |
| 2024-12 | 532000000.0000 | 119000000.0000 | 38418700.0000 | 273900.0000 |
| 2024-06 | 251000000.0000 | 59215400.0000 | 21123000.0000 | 656700.0000 |
| 2024-03 | 136000000.0000 | 30536700.0000 | 10165300.0000 | -5654200.0000 |
| 2024-09 | 382000000.0000 | 91903000.0000 | 31716000.0000 | -10269700.0000 |
| 2023-12 | 514000000.0000 | 122000000.0000 | 38953200.0000 | 656800.0000 |
| 2023-09 | 395000000.0000 | 88049300.0000 | 28450100.0000 | -14880500.0000 |
| 2023-06 | 264000000.0000 | 58340000.0000 | 17552700.0000 | 234500.0000 |
| 2023-03 | 123000000.0000 | 27856800.0000 | 8963200.0000 | -3664200.0000 |
| 2022-09 | 237000000.0000 | 44790800.0000 | 20623200.0000 | -682900.0000 |
| 2022-12 | 345000000.0000 | 70072500.0000 | 27627500.0000 | 1326400.0000 |
| 2022-06 | 144000000.0000 | 25324700.0000 | 14139300.0000 | 552800.0000 |
| 2021-12 | 274000000.0000 | 52568100.0000 | 27768600.0000 | 2411200.0000 |
| 2022-03 | 62587000.0000 | 11153100.0000 | 6016400.0000 | 214400.0000 |
| 2021-06 | 131000000.0000 | 24760700.0000 | 13952800.0000 | 1577200.0000 |
| 2021-09 | 191000000.0000 | 37051500.0000 | 20259100.0000 | 2005800.0000 |
| 2020-12 | 247000000.0000 | 48895900.0000 | 26726400.0000 | 2997000.0000 |
| 2019-12 | 180000000.0000 | 35816900.0000 | 27655600.0000 | 1813500.0000 |
| 2021-03 | -- | -- | -- | -- |
| 2018-06 | 63944400.0000 | 11764300.0000 | 11222900.0000 | 945800.0000 |
| 2018-12 | 148000000.0000 | 28011400.0000 | 31983400.0000 | 1188900.0000 |
| 2018-03 | 31955600.0000 | 6818700.0000 | 7881300.0000 | 214800.0000 |
| 2017-12 | 98938100.0000 | 22573600.0000 | 25134500.0000 | 1464900.0000 |
| 2017-06 | 41600600.0000 | 9908300.0000 | 6882000.0000 | 338000.0000 |
| 2016-12 | 89510100.0000 | 18642600.0000 | 25903700.0000 | 239000.0000 |
| 2017-03 | 18643700.0000 | 4071500.0000 | 4964500.0000 | 135100.0000 |
| 2016-06 | 37903500.0000 | 8034400.0000 | 11459000.0000 | 132500.0000 |
| 2015-12 | 62861800.0000 | 18584000.0000 | 15825700.0000 | 1090000.0000 |
| 2014-12 | 49477700.0000 | 13989500.0000 | 14589200.0000 | 1365700.0000 |
| 2015-06 | 30008600.0000 | 9115900.0000 | 8057900.0000 | 632500.0000 |
| 2025-06 | 311000000.0000 | 62796200.0000 | 19864500.0000 | 128700.0000 |
| 2025-09 | 497000000.0000 | 109000000.0000 | 29307300.0000 | -4383700.0000 |
| 2025-12 | 678000000.0000 | 151000000.0000 | 36608700.0000 | 1555900.0000 |
| 2026-03 | 177000000.0000 | 45607000.0000 | 11153000.0000 | 75000.0000 |