中商官网
研究报告
明冠新材（688560）
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 | 174000000.0000 | -46.79 | -23196600.0000 | -392.07 | -23200400.0000 | -386.89 | -23171500.0000 | -392.22 |
| 2024-09-30 | 761000000.0000 | -34.73 | -17294900.0000 | -138.97 | -17017700.0000 | -138.50 | -13981500.0000 | -136.11 |
| 2024-12-31 | 864000000.0000 | -38.11 | -63438100.0000 | 293.84 | -62828000.0000 | 238.03 | -67077300.0000 | 174.90 |
| 2024-03-31 | 327000000.0000 | -18.45 | 7942200.0000 | -61.23 | 8086800.0000 | -60.55 | 7929400.0000 | -58.53 |
| 2024-06-30 | 605000000.0000 | -27.63 | 7765700.0000 | -84.72 | 8032100.0000 | -84.21 | 8590300.0000 | -81.41 |
| 2023-09-30 | 1166000000.0000 | -14.64 | 44380700.0000 | -75.34 | 44203400.0000 | -74.74 | 38715300.0000 | -75.18 |
| 2023-12-31 | 1396000000.0000 | -19.86 | -16107500.0000 | -111.19 | -18586300.0000 | -113.18 | -24400600.0000 | -119.06 |
| 2022-12-31 | 1742000000.0000 | 35.14 | 144000000.0000 | 1.41 | 141000000.0000 | 2.92 | 128000000.0000 | 4.07 |
| 2023-03-31 | 401000000.0000 | 4.70 | 20482900.0000 | -47.07 | 20498600.0000 | -44.95 | 19120800.0000 | -42.78 |
| 2023-06-30 | 836000000.0000 | -8.73 | 50828800.0000 | -57.99 | 50873500.0000 | -56.52 | 46214700.0000 | -55.56 |
| 2022-09-30 | 1366000000.0000 | 42.00 | 180000000.0000 | 78.22 | 175000000.0000 | 80.72 | 156000000.0000 | 78.27 |
| 2022-06-30 | 916000000.0000 | 48.46 | 121000000.0000 | 87.49 | 117000000.0000 | 91.07 | 104000000.0000 | 88.12 |
| 2021-12-31 | 1289000000.0000 | 40.26 | 142000000.0000 | 17.36 | 137000000.0000 | 13.22 | 123000000.0000 | 17.14 |
| 2022-03-31 | 383000000.0000 | 40.29 | 38701700.0000 | 41.69 | 37237500.0000 | 35.40 | 33415100.0000 | 34.33 |
| 2021-03-31 | 273000000.0000 | 62.50 | 27315000.0000 | -5.53 | 27501300.0000 | -5.21 | 24875500.0000 | -0.30 |
| 2021-06-30 | 617000000.0000 | 80.41 | 64536200.0000 | 14.34 | 61234000.0000 | 8.32 | 55284500.0000 | 12.71 |
| 2021-09-30 | 962000000.0000 | 57.45 | 101000000.0000 | 11.24 | 96835300.0000 | 6.48 | 87506800.0000 | 10.32 |
| 2020-09-30 | 611000000.0000 | -11.06 | 90797000.0000 | 4.85 | 90938100.0000 | 5.36 | 79317900.0000 | 5.63 |
| 2020-12-31 | 919000000.0000 | -2.85 | 121000000.0000 | 0.83 | 121000000.0000 | 0.83 | 105000000.0000 | 0.00 |
| 2020-03-31 | 168000000.0000 | -28.21 | 28915000.0000 | -14.22 | 29013100.0000 | -- | 24951500.0000 | -- |
| 2020-06-30 | 342000000.0000 | -29.19 | 56440100.0000 | -14.60 | 56530100.0000 | -13.97 | 49051700.0000 | -11.69 |
| 2019-06-30 | 483000000.0000 | 7.81 | 66090800.0000 | 6.37 | 65709100.0000 | 5.71 | 55544800.0000 | 5.01 |
| 2019-12-31 | 946000000.0000 | 9.11 | 120000000.0000 | 21.73 | 120000000.0000 | 15.38 | 105000000.0000 | 18.65 |
| 2019-09-30 | 687000000.0000 | -- | 86599000.0000 | -- | 86313800.0000 | -- | 75093300.0000 | -- |
| 2018-12-31 | 867000000.0000 | 45.71 | 98581300.0000 | 104.84 | 104000000.0000 | 119.76 | 88495100.0000 | 137.82 |
| 2019-03-31 | 234000000.0000 | -- | 33708600.0000 | -- | -- | NaN | -- | NaN |
| 2018-06-30 | 448000000.0000 | -- | 62130400.0000 | -- | 62158200.0000 | -- | 52894300.0000 | -- |
| 2017-12-31 | 595000000.0000 | 48.38 | 48126100.0000 | 65.80 | 47325000.0000 | 46.00 | 37211600.0000 | 45.20 |
| 2015-12-31 | 318000000.0000 | -- | 35546400.0000 | -- | 43252300.0000 | -- | 36367700.0000 | -- |
| 2016-12-31 | 401000000.0000 | 26.10 | 29025900.0000 | -18.34 | 32414700.0000 | -25.06 | 25627900.0000 | -29.53 |
| 2025-06-30 | 382000000.0000 | -36.86 | -53228300.0000 | -785.43 | -53252000.0000 | -762.99 | -52705300.0000 | -713.54 |
| 2025-09-30 | 537000000.0000 | -29.43 | -72711400.0000 | 320.42 | -72734200.0000 | 327.40 | -73824200.0000 | 428.01 |
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 | -13.79 | -13.33 | -0.80 | -0.8500 | 1.6100 | 4.45 | 0.06 |
| 2024-09 | -3.81 | -2.24 | -0.55 | -0.4900 | 5.8100 | 4.35 | 0.25 |
| 2024-12 | -8.22 | -7.27 | -2.14 | -2.4000 | 6.6700 | 4.08 | 0.29 |
| 2024-03 | 2.14 | 2.47 | 0.24 | 0.2800 | 1.9300 | 4.03 | 0.10 |
| 2024-06 | -0.33 | 1.33 | 0.25 | 0.3000 | 4.0800 | 3.95 | 0.19 |
| 2023-09 | 2.57 | 3.79 | 1.15 | 1.2400 | 4.6100 | 3.62 | 0.30 |
| 2023-12 | -2.72 | -1.33 | -0.55 | -0.8000 | 6.2700 | 3.83 | 0.41 |
| 2022-12 | 7.75 | 8.09 | 3.76 | 6.6300 | 5.6100 | 4.12 | 0.46 |
| 2023-03 | 4.74 | 5.11 | 0.55 | 0.6200 | 1.2100 | 3.48 | 0.11 |
| 2023-06 | 4.55 | 6.09 | 1.34 | 1.4800 | 2.8600 | 3.29 | 0.22 |
| 2022-09 | 12.15 | 12.81 | 7.66 | 9.1500 | 4.3400 | 3.69 | 0.60 |
| 2022-06 | 12.34 | 12.77 | 5.12 | 6.4400 | 2.6900 | 3.46 | 0.40 |
| 2021-12 | 8.69 | 10.63 | 6.90 | 8.9900 | 6.0600 | 3.10 | 0.65 |
| 2022-03 | 8.88 | 9.72 | 1.84 | 2.3300 | 1.2500 | 3.22 | 0.19 |
| 2021-03 | 6.23 | 10.07 | 1.52 | 1.8600 | 1.9200 | 2.53 | 0.15 |
| 2021-06 | 7.46 | 9.92 | 3.33 | 4.0800 | 3.4500 | 2.89 | 0.34 |
| 2021-09 | 8.21 | 10.07 | 5.13 | 6.4200 | 4.4300 | 3.03 | 0.51 |
| 2020-09 | 11.13 | 14.88 | 8.90 | 11.5500 | 4.6600 | 2.19 | 0.60 |
| 2020-12 | 9.14 | 13.17 | 6.96 | 15.0700 | 7.2400 | 2.41 | 0.53 |
| 2020-03 | 14.88 | 17.27 | -- | 3.7800 | -- | -- | -- |
| 2020-06 | 12.57 | 16.53 | 5.76 | 7.3000 | 3.0100 | 2.07 | 0.35 |
| 2019-06 | 10.56 | 13.60 | 6.29 | 9.7200 | 4.0200 | 2.51 | 0.46 |
| 2019-12 | 9.83 | 12.68 | 11.36 | 17.6400 | 7.3000 | 2.68 | 0.90 |
| 2019-09 | 9.32 | 12.56 | -- | -- | -- | -- | -- |
| 2018-12 | 10.61 | 12.00 | 10.55 | 17.7700 | 6.7500 | 2.91 | 0.88 |
| 2019-03 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2018-06 | 13.39 | 13.87 | 6.68 | 10.9600 | 3.4700 | -- | 0.48 |
| 2017-12 | 7.06 | 7.95 | 5.73 | 8.5500 | 6.4900 | 2.53 | 0.72 |
| 2015-12 | 11.32 | 13.60 | 8.08 | 10.3100 | 3.7800 | -- | 0.59 |
| 2016-12 | 6.98 | 8.08 | 5.56 | 6.3500 | 5.8000 | 1.80 | 0.69 |
| 2025-06 | -14.92 | -13.94 | -1.87 | -1.9400 | 4.3300 | 4.52 | 0.13 |
| 2025-09 | -14.53 | -13.54 | -2.54 | -- | -- | -- | 0.19 |
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 | 6.02 | 93.98 | 12.9800 | 11.7500 |
| 2024-09 | 9.95 | 90.05 | 7.7800 | 7.2700 |
| 2024-12 | 6.45 | 93.55 | 12.0900 | 11.2300 |
| 2024-03 | 14.53 | 85.44 | 5.4200 | 5.0000 |
| 2024-06 | 12.45 | 87.55 | 6.2600 | 5.8200 |
| 2023-09 | 22.82 | 77.18 | 3.5300 | 3.2500 |
| 2023-12 | 15.85 | 84.15 | 5.0300 | 4.6200 |
| 2022-12 | 15.98 | 84.02 | 5.2400 | 4.7000 |
| 2023-03 | 15.54 | 84.49 | 5.3100 | 4.6500 |
| 2023-06 | 21.82 | 78.18 | 3.7600 | 3.4000 |
| 2022-09 | 29.83 | 70.17 | 2.7900 | 2.2300 |
| 2022-06 | 32.19 | 67.85 | 2.5500 | 1.9800 |
| 2021-12 | 28.11 | 71.89 | 2.8500 | 2.3400 |
| 2022-03 | 27.99 | 71.96 | 2.7700 | 2.1800 |
| 2021-03 | 25.40 | 74.60 | 3.4000 | 3.0500 |
| 2021-06 | 26.78 | 73.22 | 3.1900 | 2.7200 |
| 2021-09 | 26.89 | 73.11 | 3.1100 | 2.4900 |
| 2020-09 | 28.96 | 71.04 | 2.8500 | 2.3600 |
| 2020-12 | 23.75 | 76.25 | 3.7200 | 3.4000 |
| 2020-03 | -- | -- | -- | -- |
| 2020-06 | 29.05 | 70.95 | 3.0800 | 2.6800 |
| 2019-06 | 42.62 | 57.38 | 2.2300 | 1.9900 |
| 2019-12 | 38.64 | 61.27 | 2.3500 | 2.0500 |
| 2019-09 | -- | -- | -- | -- |
| 2018-12 | 45.03 | 54.97 | 2.0900 | 1.7800 |
| 2019-03 | -- | -- | -- | -- |
| 2018-06 | 45.27 | 54.73 | 2.1100 | 1.8000 |
| 2017-12 | 45.16 | 54.96 | 2.1600 | 1.7400 |
| 2015-12 | 27.10 | 73.08 | 3.2400 | 2.7100 |
| 2016-12 | 28.64 | 71.36 | 2.9600 | 2.6000 |
| 2025-06 | 6.03 | 93.97 | 12.9700 | 12.0600 |
| 2025-09 | 7.43 | 92.57 | -- | -- |
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 | 198000000.0000 | 3199400.0000 | 10862500.0000 | -11734500.0000 |
| 2024-09 | 790000000.0000 | 16301500.0000 | 37198400.0000 | -26682700.0000 |
| 2024-12 | 935000000.0000 | 28046000.0000 | 52389200.0000 | -42515400.0000 |
| 2024-03 | 320000000.0000 | 5231900.0000 | 13201200.0000 | -11371300.0000 |
| 2024-06 | 607000000.0000 | 9597700.0000 | 25618800.0000 | -1507300.0000 |
| 2023-09 | 1136000000.0000 | 15056400.0000 | 43512700.0000 | -39166100.0000 |
| 2023-12 | 1434000000.0000 | 27057900.0000 | 60624600.0000 | -10843800.0000 |
| 2022-12 | 1607000000.0000 | 32454500.0000 | 55189200.0000 | -3076600.0000 |
| 2023-03 | 382000000.0000 | 4514700.0000 | 12439100.0000 | -9716300.0000 |
| 2023-06 | 798000000.0000 | 9980100.0000 | 28332300.0000 | -11643800.0000 |
| 2022-09 | 1200000000.0000 | 22170700.0000 | 38843600.0000 | -6767600.0000 |
| 2022-06 | 803000000.0000 | 14272400.0000 | 23262900.0000 | 122300.0000 |
| 2021-12 | 1177000000.0000 | 28059000.0000 | 32293200.0000 | 61300.0000 |
| 2022-03 | 349000000.0000 | 3900700.0000 | 9016100.0000 | -470200.0000 |
| 2021-03 | 256000000.0000 | 7461700.0000 | 9466000.0000 | -856400.0000 |
| 2021-06 | 571000000.0000 | 14078400.0000 | 17203800.0000 | -272400.0000 |
| 2021-09 | 883000000.0000 | 18662000.0000 | 23571100.0000 | -141400.0000 |
| 2020-09 | 543000000.0000 | 11673900.0000 | 19436300.0000 | 3182000.0000 |
| 2020-12 | 835000000.0000 | 20072900.0000 | 30766900.0000 | 4535400.0000 |
| 2020-03 | 143000000.0000 | 5842800.0000 | 5784000.0000 | -1416100.0000 |
| 2020-06 | 299000000.0000 | 7495400.0000 | 12497300.0000 | -849100.0000 |
| 2019-06 | 432000000.0000 | 16473200.0000 | 10588700.0000 | 2520700.0000 |
| 2019-12 | 853000000.0000 | 34283000.0000 | 24995100.0000 | 1736200.0000 |
| 2019-09 | 623000000.0000 | 24728100.0000 | 17186900.0000 | -1123200.0000 |
| 2018-12 | 775000000.0000 | 25684000.0000 | 17759800.0000 | 2816900.0000 |
| 2019-03 | -- | -- | -- | -- |
| 2018-06 | 388000000.0000 | 11937800.0000 | 9827000.0000 | 578800.0000 |
| 2017-12 | 553000000.0000 | 27363400.0000 | 14874000.0000 | 11410700.0000 |
| 2015-12 | 282000000.0000 | 8699900.0000 | 13888000.0000 | 2769400.0000 |
| 2016-12 | 373000000.0000 | 14554400.0000 | 16662400.0000 | 4183800.0000 |
| 2025-06 | 439000000.0000 | 7873000.0000 | 25352500.0000 | -23382500.0000 |
| 2025-09 | 615000000.0000 | 10496700.0000 | 36707400.0000 | -35373000.0000 |