中商官网
研究报告
茂莱光学（688502）
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 | 503000000.0000 | 9.83 | 38313300.0000 | -30.38 | 38378900.0000 | -28.83 | 35521000.0000 | -23.98 |
| 2025-03-31 | 142000000.0000 | 27.93 | 20072300.0000 | 319.59 | 19274900.0000 | 288.25 | 16641000.0000 | 288.74 |
| 2024-09-30 | 375000000.0000 | 4.17 | 25259200.0000 | -39.08 | 25474200.0000 | -37.12 | 24490600.0000 | -32.54 |
| 2024-06-30 | 241000000.0000 | 0.84 | 15454300.0000 | -53.94 | 15665300.0000 | -52.28 | 15571500.0000 | -45.55 |
| 2024-03-31 | 111000000.0000 | -11.20 | 4783800.0000 | -71.08 | 4964600.0000 | -68.54 | 4280800.0000 | -69.36 |
| 2023-12-31 | 458000000.0000 | 4.33 | 55031100.0000 | -13.44 | 53922200.0000 | -15.29 | 46723800.0000 | -20.83 |
| 2023-09-30 | 360000000.0000 | 6.51 | 41464200.0000 | -27.96 | 40510500.0000 | -29.68 | 36304800.0000 | -30.86 |
| 2023-03-31 | 125000000.0000 | 11.61 | 16541400.0000 | 9.52 | 15782300.0000 | 4.32 | 13972300.0000 | 0.70 |
| 2023-06-30 | 239000000.0000 | 15.46 | 33554500.0000 | 20.68 | 32827900.0000 | 18.03 | 28599700.0000 | 9.60 |
| 2022-12-31 | 439000000.0000 | 32.63 | 63573200.0000 | 24.74 | 63656100.0000 | 25.13 | 59014800.0000 | 25.07 |
| 2022-09-30 | 338000000.0000 | 36.29 | 57556500.0000 | 36.29 | 57612500.0000 | 36.55 | 52510100.0000 | 34.57 |
| 2022-06-30 | 207000000.0000 | -- | 27804600.0000 | -- | 27813000.0000 | -- | 26095700.0000 | -- |
| 2021-12-31 | 331000000.0000 | 34.55 | 50962700.0000 | 7.29 | 50872400.0000 | 8.05 | 47186400.0000 | 13.35 |
| 2022-03-31 | 112000000.0000 | -- | 15103900.0000 | -- | 15128500.0000 | -- | 13875400.0000 | -- |
| 2021-09-30 | 248000000.0000 | -- | 42230500.0000 | -- | 42192500.0000 | -- | 39019400.0000 | -- |
| 2020-12-31 | 246000000.0000 | 10.81 | 47499200.0000 | -1.74 | 47081200.0000 | -4.74 | 41627600.0000 | -4.69 |
| 2019-12-31 | 222000000.0000 | 20.65 | 48338800.0000 | 52.74 | 49423400.0000 | 42.98 | 43675400.0000 | 42.50 |
| 2018-12-31 | 184000000.0000 | 21.05 | 31647500.0000 | 44.90 | 34565600.0000 | 54.49 | 30649900.0000 | 48.52 |
| 2020-03-31 | 38693000.0000 | -- | -714500.0000 | -∞ | 786300.0000 | -- | 647700.0000 | -- |
| 2016-12-31 | 130000000.0000 | 39.27 | 16080200.0000 | 134.39 | 18087900.0000 | 141.40 | 16047500.0000 | 140.03 |
| 2017-12-31 | 152000000.0000 | 16.92 | 21840700.0000 | 35.82 | 22373600.0000 | 23.69 | 20636200.0000 | 28.59 |
| 2016-06-30 | 58936700.0000 | 96.80 | 6390800.0000 | 915.86 | 6982600.0000 | 805.30 | 5897000.0000 | 1551.82 |
| 2015-12-31 | 93344700.0000 | 18.53 | 6860300.0000 | -10.45 | 7492800.0000 | -7.00 | 6685500.0000 | -4.19 |
| 2015-03-31 | 11808200.0000 | -- | -1141000.0000 | -∞ | -1201100.0000 | -∞ | -1036000.0000 | -∞ |
| 2015-06-30 | 29947200.0000 | -- | 629100.0000 | -- | 771300.0000 | -- | 357000.0000 | -- |
| 2014-12-31 | 78752400.0000 | -4.64 | 7661000.0000 | 71.71 | 8056800.0000 | 44.51 | 6978000.0000 | 34.87 |
| 2013-12-31 | 82582400.0000 | -- | 4461600.0000 | -- | 5575100.0000 | -- | 5174000.0000 | -- |
| 2025-06-30 | 319000000.0000 | 32.37 | 37418500.0000 | 142.12 | 35973500.0000 | 129.64 | 32755500.0000 | 110.36 |
| 2025-09-30 | 503000000.0000 | 34.13 | 49206800.0000 | 94.81 | 47754300.0000 | 87.46 | 45691400.0000 | 86.57 |
| 2025-12-31 | 691000000.0000 | 37.38 | 53459300.0000 | 39.53 | 51658100.0000 | 34.60 | -- | -100.00 |
| 2026-03-31 | 183000000.0000 | 28.87 | -15852500.0000 | -178.98 | -16397300.0000 | -185.07 | -11107900.0000 | -166.75 |
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 | 5.57 | 7.63 | 2.63 | 3.0200 | 1.4300 | 4.44 | 0.34 |
| 2025-03 | 9.86 | 13.57 | 1.29 | 1.1500 | 0.3400 | 4.16 | 0.10 |
| 2024-09 | 4.53 | 6.79 | 1.80 | 2.0800 | 1.1400 | 4.02 | 0.26 |
| 2024-06 | 4.15 | 6.50 | 1.10 | 1.3000 | 0.7700 | 3.99 | 0.17 |
| 2024-03 | 1.80 | 4.47 | 0.36 | 0.3600 | 0.3400 | 4.20 | 0.08 |
| 2023-12 | 7.86 | 11.77 | 3.98 | 4.7800 | 1.5500 | 5.64 | 0.34 |
| 2023-09 | 8.89 | 11.25 | 3.05 | 3.9900 | 1.3100 | 5.34 | 0.27 |
| 2023-03 | 12.80 | 12.63 | 1.15 | 3.7600 | 0.4800 | 6.50 | 0.09 |
| 2023-06 | 11.72 | 13.74 | 2.44 | 3.6700 | 0.8500 | 5.86 | 0.18 |
| 2022-12 | 12.76 | 14.50 | 10.90 | 17.5400 | 1.8800 | 7.68 | 0.75 |
| 2022-09 | 15.09 | 17.05 | 10.34 | -- | -- | -- | 0.61 |
| 2022-06 | 13.53 | 13.44 | 5.38 | 8.0700 | 0.8500 | 7.45 | 0.40 |
| 2021-12 | 13.90 | 15.37 | 10.38 | 16.1500 | 1.5700 | 5.87 | 0.68 |
| 2022-03 | 13.19 | 13.51 | -- | -- | -- | -- | -- |
| 2021-09 | 100.00 | 17.01 | -- | -- | -- | -- | -- |
| 2020-12 | 17.48 | 19.14 | 10.63 | 16.7600 | 1.4900 | 3.74 | 0.56 |
| 2019-12 | 21.17 | 22.26 | 16.05 | 30.7600 | 2.2200 | 4.00 | 0.72 |
| 2018-12 | 17.39 | 18.79 | 16.00 | 27.9600 | 2.3400 | 6.12 | 0.85 |
| 2020-03 | -2.16 | 2.03 | 0.23 | 0.2900 | 0.2900 | 2.67 | 0.11 |
| 2016-12 | 12.31 | 13.91 | 11.75 | 23.4000 | 2.1200 | 6.80 | 0.84 |
| 2017-12 | 14.47 | 14.72 | 11.71 | 23.7200 | 1.9900 | 8.11 | 0.80 |
| 2016-06 | 10.84 | 11.85 | 4.99 | 9.2900 | 1.0200 | 5.75 | 0.42 |
| 2015-12 | 7.35 | 8.03 | 5.47 | 11.6900 | 2.0600 | 4.60 | 0.68 |
| 2015-03 | -9.66 | -10.17 | -1.02 | -1.9400 | 0.2800 | 2.67 | 0.10 |
| 2015-06 | 2.10 | 2.58 | -- | 0.6600 | -- | -- | -- |
| 2014-12 | 9.73 | 10.23 | 6.66 | 13.8500 | 2.1400 | 4.17 | 0.65 |
| 2013-12 | 5.40 | 6.75 | 5.36 | 11.6800 | 2.1000 | 4.89 | 0.79 |
| 2025-06 | 9.40 | 11.28 | 2.32 | 2.7500 | 0.7500 | 4.42 | 0.21 |
| 2025-09 | 7.36 | 9.49 | 3.04 | 3.8200 | 1.1800 | 4.48 | 0.32 |
| 2025-12 | 5.35 | 7.48 | -- | -- | -- | -- | -- |
| 2026-03 | -10.38 | -8.96 | -- | -- | -- | -- | -- |
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 | 19.78 | 80.22 | 2.5000 | 1.5400 |
| 2025-03 | 20.35 | 79.65 | 2.6000 | 1.6600 |
| 2024-09 | 18.14 | 81.86 | 2.9100 | 2.0300 |
| 2024-06 | 19.59 | 80.41 | 2.9500 | 2.2200 |
| 2024-03 | 13.33 | 86.74 | 4.7900 | 3.7100 |
| 2023-12 | 12.17 | 87.83 | 5.3000 | 3.9400 |
| 2023-09 | 11.14 | 88.86 | 7.0000 | 5.7800 |
| 2023-03 | 13.00 | 87.00 | 7.8700 | 6.8200 |
| 2023-06 | 13.20 | 86.80 | 7.6700 | 6.5300 |
| 2022-12 | 37.67 | 62.33 | 1.9200 | 1.0400 |
| 2022-09 | 36.09 | 63.91 | -- | -- |
| 2022-06 | 36.56 | 63.44 | 1.9100 | 0.8700 |
| 2021-12 | 36.94 | 63.06 | 1.9800 | 1.1000 |
| 2022-03 | -- | -- | -- | -- |
| 2021-09 | -- | -- | -- | -- |
| 2020-12 | 38.60 | 61.40 | 2.0100 | 1.2700 |
| 2019-12 | 32.00 | 68.18 | 2.2700 | 1.6200 |
| 2018-12 | 46.14 | 53.70 | 1.4300 | 0.9200 |
| 2020-03 | 33.14 | 67.15 | 2.1700 | 1.4100 |
| 2016-12 | 49.96 | 49.74 | 1.3600 | 0.7900 |
| 2017-12 | 48.97 | 50.95 | 1.4200 | 0.8400 |
| 2016-06 | 52.73 | 47.47 | 1.1300 | 0.5500 |
| 2015-12 | 55.78 | 44.20 | 1.1200 | 0.6100 |
| 2015-03 | 55.23 | 44.78 | 1.0300 | 0.5100 |
| 2015-06 | -- | -- | -- | -- |
| 2014-12 | 55.14 | 44.52 | 1.0200 | 0.6500 |
| 2013-12 | 54.87 | 45.09 | 1.0400 | 0.5200 |
| 2025-06 | 22.68 | 77.32 | 1.9500 | 1.1000 |
| 2025-09 | 23.26 | 76.74 | 2.1500 | 1.2900 |
| 2025-12 | -- | -- | -- | -- |
| 2026-03 | -- | -- | -- | -- |
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 | 475000000.0000 | 25280500.0000 | 95153300.0000 | 2263100.0000 |
| 2025-03 | 128000000.0000 | 7150100.0000 | 24308300.0000 | -1282500.0000 |
| 2024-09 | 358000000.0000 | 17199200.0000 | 72923600.0000 | 2314900.0000 |
| 2024-06 | 231000000.0000 | 12115600.0000 | 47615600.0000 | 225300.0000 |
| 2024-03 | 109000000.0000 | 6120400.0000 | 24718100.0000 | -472800.0000 |
| 2023-12 | 422000000.0000 | 20713300.0000 | 96055200.0000 | 593200.0000 |
| 2023-09 | 328000000.0000 | 16170200.0000 | 70549100.0000 | -3131600.0000 |
| 2023-03 | 109000000.0000 | 5168800.0000 | 21107400.0000 | 1557300.0000 |
| 2023-06 | 211000000.0000 | 11117700.0000 | 46825600.0000 | -2333500.0000 |
| 2022-12 | 383000000.0000 | 19786900.0000 | 77625100.0000 | -3502700.0000 |
| 2022-09 | 287000000.0000 | 14729200.0000 | 54403400.0000 | -7406800.0000 |
| 2022-06 | 179000000.0000 | 10496400.0000 | 34229400.0000 | -2071000.0000 |
| 2021-12 | 285000000.0000 | 11977700.0000 | 53408600.0000 | 5627800.0000 |
| 2022-03 | 97225600.0000 | 5439300.0000 | 18395100.0000 | 620700.0000 |
| 2021-09 | -- | -- | -- | -- |
| 2020-12 | 203000000.0000 | 12429700.0000 | 41996100.0000 | 9948600.0000 |
| 2019-12 | 175000000.0000 | 10982600.0000 | 30667100.0000 | 3030100.0000 |
| 2018-12 | 152000000.0000 | 8565100.0000 | 23147900.0000 | 2219400.0000 |
| 2020-03 | 39528300.0000 | 2402600.0000 | 9639500.0000 | -276100.0000 |
| 2016-12 | 114000000.0000 | 4938300.0000 | 28096700.0000 | 667300.0000 |
| 2017-12 | 130000000.0000 | 8407300.0000 | 20287600.0000 | 3013000.0000 |
| 2016-06 | 52545800.0000 | 1878900.0000 | 12340500.0000 | 72200.0000 |
| 2015-12 | 86484400.0000 | 2890700.0000 | 21192600.0000 | 870400.0000 |
| 2015-03 | 12949200.0000 | 492800.0000 | 4216400.0000 | 380700.0000 |
| 2015-06 | 29318000.0000 | 1043900.0000 | 8365000.0000 | 439800.0000 |
| 2014-12 | 71091400.0000 | 2349800.0000 | 15728000.0000 | 1888600.0000 |
| 2013-12 | 78120800.0000 | 2767200.0000 | 16323900.0000 | 2987700.0000 |
| 2025-06 | 289000000.0000 | 14632800.0000 | 55891200.0000 | -3180000.0000 |
| 2025-09 | 466000000.0000 | 21844200.0000 | 85566800.0000 | -1400900.0000 |
| 2025-12 | 654000000.0000 | 29987600.0000 | 120000000.0000 | 7800800.0000 |
| 2026-03 | 202000000.0000 | 10657000.0000 | 38252100.0000 | 11421300.0000 |