中商官网
研究报告
复旦张江（688505）
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 | 709000000.0000 | -16.69 | 2393800.0000 | -97.53 | 5457900.0000 | -94.40 | 39434100.0000 | -63.49 |
| 2025-03-31 | 180000000.0000 | 21.62 | 2670700.0000 | 124.43 | 2581400.0000 | 94.19 | 2581400.0000 | 14.23 |
| 2024-06-30 | 408000000.0000 | -21.99 | 72223800.0000 | 14.13 | 72187000.0000 | 13.80 | 70344000.0000 | 2.54 |
| 2024-09-30 | 549000000.0000 | -22.46 | 83705900.0000 | -0.49 | 83937000.0000 | 0.03 | 86171600.0000 | -4.05 |
| 2023-12-31 | 851000000.0000 | -17.46 | 97089700.0000 | -27.00 | 97528100.0000 | -26.12 | 108000000.0000 | -21.17 |
| 2023-09-30 | 708000000.0000 | -1.12 | 84115600.0000 | 173.49 | 83908400.0000 | 179.98 | 89811300.0000 | 144.45 |
| 2024-03-31 | 148000000.0000 | -21.69 | 1190000.0000 | -65.82 | 1329300.0000 | -38.83 | 2259900.0000 | -74.30 |
| 2023-03-31 | 189000000.0000 | 34.04 | 3481600.0000 | -333.30 | 2173000.0000 | -206.21 | 8794100.0000 | 82.83 |
| 2023-06-30 | 523000000.0000 | 92.99 | 63282400.0000 | -204.13 | 63432800.0000 | -203.67 | 68604800.0000 | -290.46 |
| 2022-12-31 | 1031000000.0000 | -9.56 | 133000000.0000 | -38.71 | 132000000.0000 | -38.89 | 137000000.0000 | -35.38 |
| 2022-09-30 | 716000000.0000 | 2.58 | 30756700.0000 | -73.49 | 29969100.0000 | -73.71 | 36740000.0000 | -68.86 |
| 2021-12-31 | 1140000000.0000 | 36.69 | 217000000.0000 | 25.43 | 216000000.0000 | 22.03 | 212000000.0000 | 29.27 |
| 2022-06-30 | 271000000.0000 | -32.08 | -60771800.0000 | -188.69 | -61189500.0000 | -191.62 | -36020900.0000 | -155.36 |
| 2022-03-31 | 141000000.0000 | 11.90 | -1492300.0000 | -148.11 | -2045900.0000 | -199.46 | 4810000.0000 | -3.13 |
| 2021-06-30 | 399000000.0000 | 69.07 | 68518800.0000 | 147.33 | 66786900.0000 | 138.55 | 65069500.0000 | 121.59 |
| 2021-09-30 | 698000000.0000 | 40.73 | 116000000.0000 | 31.67 | 114000000.0000 | 28.70 | 118000000.0000 | 39.05 |
| 2020-09-30 | 496000000.0000 | -20.64 | 88098200.0000 | -30.08 | 88579600.0000 | -29.14 | 84859400.0000 | -26.85 |
| 2021-03-31 | 126000000.0000 | 262.94 | 3101700.0000 | -113.70 | 2057100.0000 | -109.10 | 4965500.0000 | -127.01 |
| 2020-12-31 | 834000000.0000 | -18.95 | 173000000.0000 | -29.96 | 177000000.0000 | -28.05 | 164000000.0000 | -25.79 |
| 2020-03-31 | 34716700.0000 | -58.45 | -22635000.0000 | 19913.26 | -22593400.0000 | 27896.78 | -18382600.0000 | -4480.98 |
| 2020-06-30 | 236000000.0000 | -39.64 | 27703400.0000 | -70.60 | 27996700.0000 | -70.03 | 29364800.0000 | -65.48 |
| 2019-12-31 | 1029000000.0000 | 38.68 | 247000000.0000 | 165.55 | 246000000.0000 | 162.01 | 221000000.0000 | 143.09 |
| 2019-09-30 | 625000000.0000 | -- | 126000000.0000 | -- | 125000000.0000 | -- | 116000000.0000 | -- |
| 2018-12-31 | 742000000.0000 | 45.21 | 93015100.0000 | 33.53 | 93889700.0000 | 33.18 | 90913200.0000 | 51.12 |
| 2019-06-30 | 391000000.0000 | -- | 94234400.0000 | -- | 93411800.0000 | -- | 85071900.0000 | -- |
| 2019-03-31 | 83560600.0000 | -- | -113100.0000 | -∞ | -80700.0000 | -∞ | 419600.0000 | -- |
| 2017-12-31 | 511000000.0000 | -20.03 | 69660400.0000 | -40.46 | 70496300.0000 | -53.31 | 60158900.0000 | -53.72 |
| 2016-12-31 | 639000000.0000 | -- | 117000000.0000 | -- | 151000000.0000 | -- | 130000000.0000 | -- |
| 2025-06-30 | 390000000.0000 | -4.41 | 5726100.0000 | -92.07 | 5622200.0000 | -92.21 | 5622200.0000 | -92.01 |
| 2025-09-30 | 551000000.0000 | 0.36 | -16049600.0000 | -119.17 | -16132700.0000 | -119.22 | -16132700.0000 | -118.72 |
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 | -0.99 | 0.77 | 0.21 | 1.7000 | 1.3500 | 1.78 | 0.27 |
| 2025-03 | -1.67 | 1.43 | 0.10 | 0.1200 | 0.3500 | 2.15 | 0.07 |
| 2024-06 | 11.76 | 17.69 | 2.53 | 2.9900 | 0.6100 | 1.82 | 0.14 |
| 2024-09 | 9.65 | 15.29 | 3.20 | 3.6600 | 0.9900 | 1.73 | 0.21 |
| 2023-12 | 8.93 | 11.46 | 3.39 | 4.6900 | 1.6800 | 1.79 | 0.30 |
| 2023-09 | 10.59 | 11.85 | 2.85 | 3.9100 | 1.3500 | 1.83 | 0.24 |
| 2024-03 | -2.03 | 0.90 | 0.05 | 0.1000 | 0.2400 | 1.32 | 0.05 |
| 2023-03 | -1.06 | 1.15 | 0.08 | 0.3900 | 0.3800 | 1.44 | 0.07 |
| 2023-06 | 10.52 | 12.13 | 2.09 | 2.9800 | 0.9200 | 1.82 | 0.17 |
| 2022-12 | 11.83 | 12.80 | 4.44 | 6.2100 | 2.2100 | 1.94 | 0.35 |
| 2022-09 | 2.93 | 4.19 | 1.03 | 1.6700 | 1.5600 | 1.67 | 0.25 |
| 2021-12 | 15.18 | 18.95 | 7.77 | 10.4200 | 2.2600 | 2.25 | 0.41 |
| 2022-06 | -25.46 | -22.58 | -2.26 | -1.6200 | 0.7200 | 1.09 | 0.10 |
| 2022-03 | -2.84 | -1.45 | -0.08 | 0.2200 | 0.2700 | 1.05 | 0.05 |
| 2021-06 | 14.29 | 16.74 | 2.69 | 3.2000 | 0.6600 | 1.83 | 0.16 |
| 2021-09 | 14.47 | 16.33 | 4.48 | 5.8300 | 1.2900 | 2.02 | 0.27 |
| 2020-09 | 12.30 | 17.86 | 3.67 | 6.7700 | 1.0700 | 1.74 | 0.21 |
| 2021-03 | -3.17 | 1.63 | 0.09 | 0.2500 | 0.2000 | 1.24 | 0.05 |
| 2020-12 | 16.31 | 21.22 | 7.08 | 11.3200 | 1.8500 | 1.99 | 0.33 |
| 2020-03 | -71.29 | -65.08 | -1.54 | -1.9800 | 0.1300 | 0.43 | 0.02 |
| 2020-06 | 4.24 | 11.86 | 1.17 | 3.1900 | 0.4900 | 1.40 | 0.10 |
| 2019-12 | 21.48 | 23.91 | 15.72 | 24.1600 | 2.3000 | 3.14 | 0.66 |
| 2019-09 | 17.60 | 20.00 | -- | 13.0700 | -- | -- | -- |
| 2018-12 | 7.28 | 12.65 | 6.39 | 11.8300 | 1.9700 | 3.73 | 0.50 |
| 2019-06 | 19.95 | 23.89 | 6.14 | 8.9200 | 1.0700 | 2.76 | 0.26 |
| 2019-03 | -5.06 | -0.10 | -- | 0.5200 | -- | -- | -- |
| 2017-12 | 6.65 | 13.80 | 6.16 | 8.5400 | 1.5400 | 5.11 | 0.45 |
| 2016-12 | 17.21 | 23.63 | 13.47 | 17.3000 | 1.7000 | 7.90 | 0.57 |
| 2025-06 | -2.31 | 1.44 | 0.22 | 0.2500 | 0.9800 | 2.31 | 0.15 |
| 2025-09 | -6.53 | -2.93 | -0.65 | -0.7000 | 1.4100 | 2.44 | 0.22 |
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 | 10.86 | 89.10 | 6.4000 | 6.0900 |
| 2025-03 | 8.81 | 91.19 | 8.2800 | 7.9200 |
| 2024-06 | 17.23 | 82.73 | 3.8800 | 3.7200 |
| 2024-09 | 10.43 | 89.57 | 6.2300 | 5.8900 |
| 2023-12 | 18.00 | 82.00 | 3.7000 | 3.6000 |
| 2023-09 | 20.67 | 79.33 | 3.4200 | 3.3300 |
| 2024-03 | 16.42 | 83.58 | 4.0500 | 3.9100 |
| 2023-03 | 20.63 | 79.37 | 3.4300 | 3.2400 |
| 2023-06 | 23.62 | 76.38 | 3.0300 | 2.9300 |
| 2022-12 | 24.29 | 75.71 | 3.0700 | 2.9300 |
| 2022-09 | 23.93 | 76.10 | 3.1100 | 3.0300 |
| 2021-12 | 21.29 | 78.75 | 3.6500 | 3.5700 |
| 2022-06 | 21.43 | 78.57 | 3.4200 | 3.3200 |
| 2022-03 | 19.23 | 80.73 | 3.9600 | 3.8400 |
| 2021-06 | 18.31 | 81.69 | 4.3900 | 4.2500 |
| 2021-09 | 18.80 | 81.20 | 4.2300 | 4.1000 |
| 2020-09 | 20.36 | 79.64 | 4.6000 | 4.4800 |
| 2021-03 | 16.46 | 83.54 | 5.7200 | 5.5200 |
| 2020-12 | 19.67 | 80.29 | 4.7400 | 4.6300 |
| 2020-03 | 42.06 | 57.94 | 1.8100 | 1.6900 |
| 2020-06 | 22.23 | 77.81 | 4.1000 | 3.9900 |
| 2019-12 | 40.38 | 59.62 | 1.9900 | 1.9100 |
| 2019-09 | -- | -- | -- | -- |
| 2018-12 | 35.03 | 64.90 | 2.2700 | 2.1500 |
| 2019-06 | 33.44 | 66.49 | 1.8900 | 1.7900 |
| 2019-03 | -- | -- | -- | -- |
| 2017-12 | 22.10 | 77.90 | 3.0600 | 2.8100 |
| 2016-12 | 22.12 | 77.88 | 3.2600 | 3.0000 |
| 2025-06 | 10.27 | 89.73 | 6.9600 | 6.7500 |
| 2025-09 | 8.39 | 91.61 | 8.6800 | 8.4000 |
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 | 716000000.0000 | 299000000.0000 | 41700600.0000 | 591600.0000 |
| 2025-03 | 183000000.0000 | 84503200.0000 | 11459300.0000 | -104700.0000 |
| 2024-06 | 360000000.0000 | 114000000.0000 | 23374200.0000 | 270800.0000 |
| 2024-09 | 496000000.0000 | 174000000.0000 | 32374000.0000 | -2207200.0000 |
| 2023-12 | 775000000.0000 | 384000000.0000 | 42860600.0000 | 2667600.0000 |
| 2023-09 | 633000000.0000 | 334000000.0000 | 39075400.0000 | 19400.0000 |
| 2024-03 | 151000000.0000 | 59705800.0000 | 10977300.0000 | -1230600.0000 |
| 2023-03 | 191000000.0000 | 83441300.0000 | 10061400.0000 | -52400.0000 |
| 2023-06 | 468000000.0000 | 249000000.0000 | 27454700.0000 | 1423300.0000 |
| 2022-12 | 909000000.0000 | 555000000.0000 | 44869200.0000 | -1782400.0000 |
| 2022-09 | 695000000.0000 | 384000000.0000 | 55061200.0000 | -1990600.0000 |
| 2021-12 | 967000000.0000 | 600000000.0000 | 60560100.0000 | 1055100.0000 |
| 2022-06 | 340000000.0000 | 134000000.0000 | 34953700.0000 | 742400.0000 |
| 2022-03 | 145000000.0000 | 80925900.0000 | 7619300.0000 | -1096500.0000 |
| 2021-06 | 342000000.0000 | 184000000.0000 | 22030600.0000 | 399800.0000 |
| 2021-09 | 597000000.0000 | 347000000.0000 | 38043900.0000 | -3810600.0000 |
| 2020-09 | 435000000.0000 | 258000000.0000 | 26560600.0000 | 391100.0000 |
| 2021-03 | 130000000.0000 | 64862700.0000 | 7107900.0000 | -702400.0000 |
| 2020-12 | 698000000.0000 | 425000000.0000 | 50758800.0000 | 5601000.0000 |
| 2020-03 | 59465900.0000 | 25048200.0000 | 7031200.0000 | 1324100.0000 |
| 2020-06 | 226000000.0000 | 118000000.0000 | 16808400.0000 | 3329200.0000 |
| 2019-12 | 808000000.0000 | 531000000.0000 | 54933300.0000 | 6298800.0000 |
| 2019-09 | 515000000.0000 | 320000000.0000 | 33691300.0000 | 4634500.0000 |
| 2018-12 | 688000000.0000 | 400000000.0000 | 83573800.0000 | 6491200.0000 |
| 2019-06 | 313000000.0000 | 192000000.0000 | 24495300.0000 | 3499900.0000 |
| 2019-03 | 87790600.0000 | 44591900.0000 | 12894800.0000 | 1940900.0000 |
| 2017-12 | 477000000.0000 | 253000000.0000 | 49504600.0000 | 6079100.0000 |
| 2016-12 | 529000000.0000 | 350000000.0000 | 37601700.0000 | 4061300.0000 |
| 2025-06 | 399000000.0000 | 182000000.0000 | 20302500.0000 | 369000.0000 |
| 2025-09 | 587000000.0000 | 275000000.0000 | 29512100.0000 | -517400.0000 |