中商官网
研究报告
合合信息（688615）
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 | 1438000000.0000 | 21.15 | 423000000.0000 | 30.96 | 421000000.0000 | 30.75 | 401000000.0000 | 24.15 |
| 2025-03-31 | 395000000.0000 | 20.80 | 125000000.0000 | 20.19 | 125000000.0000 | 20.19 | 116000000.0000 | 18.01 |
| 2024-06-30 | 688000000.0000 | 21.77 | 236000000.0000 | 27.57 | 236000000.0000 | 27.57 | 221000000.0000 | 18.18 |
| 2024-09-30 | 1049000000.0000 | 20.99 | 325000000.0000 | 16.91 | 325000000.0000 | 17.33 | 307000000.0000 | 11.23 |
| 2024-03-31 | 327000000.0000 | 22.93 | 104000000.0000 | 32.04 | 104000000.0000 | 32.15 | 98297500.0000 | 23.35 |
| 2023-09-30 | 867000000.0000 | 23.86 | 278000000.0000 | -- | 277000000.0000 | -- | 276000000.0000 | -- |
| 2023-12-31 | 1187000000.0000 | 20.14 | 323000000.0000 | 15.36 | 322000000.0000 | 15.00 | 323000000.0000 | 13.73 |
| 2023-06-30 | 565000000.0000 | 25.84 | 185000000.0000 | 59.48 | 185000000.0000 | 59.48 | 187000000.0000 | 58.47 |
| 2023-03-31 | 266000000.0000 | 22.58 | 78763800.0000 | 59.14 | 78697900.0000 | 58.99 | 79690200.0000 | 56.81 |
| 2022-09-30 | 700000000.0000 | -- | -- | NaN | -- | NaN | -- | NaN |
| 2022-12-31 | 988000000.0000 | 22.58 | 280000000.0000 | 102.90 | 280000000.0000 | 102.90 | 284000000.0000 | 97.22 |
| 2022-03-31 | 217000000.0000 | 26.90 | 49492100.0000 | 15.62 | 49499900.0000 | 15.72 | 50819600.0000 | 18.18 |
| 2022-06-30 | 449000000.0000 | -- | 116000000.0000 | -- | 116000000.0000 | -- | 118000000.0000 | -- |
| 2021-12-31 | 806000000.0000 | 39.45 | 138000000.0000 | 9.52 | 138000000.0000 | 6.98 | 144000000.0000 | 10.77 |
| 2021-03-31 | 171000000.0000 | -- | 42807200.0000 | -- | 42776100.0000 | -- | 43003000.0000 | -- |
| 2020-12-31 | 578000000.0000 | 70.00 | 126000000.0000 | -164.29 | 129000000.0000 | -165.82 | 130000000.0000 | -166.33 |
| 2018-12-31 | 196000000.0000 | -- | -79491500.0000 | -∞ | -79402200.0000 | -∞ | -78714300.0000 | -∞ |
| 2019-12-31 | 340000000.0000 | 73.47 | -196000000.0000 | 146.57 | -196000000.0000 | 146.84 | -196000000.0000 | 149.00 |
| 2025-06-30 | 843000000.0000 | 22.53 | 251000000.0000 | 6.36 | 251000000.0000 | 6.36 | 235000000.0000 | 6.33 |
| 2025-09-30 | 1303000000.0000 | 24.21 | 374000000.0000 | 15.08 | 374000000.0000 | 15.08 | 351000000.0000 | 14.33 |
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 | 21.56 | 29.28 | 12.07 | 26.5200 | 70.9000 | 14.74 | 0.41 |
| 2025-03 | 28.35 | 31.65 | 3.48 | 4.2800 | 16.1500 | 13.84 | 0.11 |
| 2024-06 | 28.34 | 34.30 | 12.00 | 19.9200 | 35.8100 | 13.71 | 0.35 |
| 2024-09 | 24.12 | 30.98 | 9.67 | 26.6200 | 55.6300 | 13.88 | 0.31 |
| 2024-03 | 26.91 | 31.80 | -- | 9.3900 | -- | -- | -- |
| 2023-09 | 26.53 | 31.95 | -- | -- | -- | -- | -- |
| 2023-12 | 22.16 | 27.13 | 17.92 | 38.6200 | 130.6900 | 13.02 | 0.66 |
| 2023-06 | 27.79 | 32.74 | 12.06 | -- | -- | -- | 0.37 |
| 2023-03 | 100.00 | 29.59 | 5.41 | -- | -- | -- | 0.18 |
| 2022-09 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2022-12 | 24.09 | 28.34 | 21.59 | 50.3000 | 432.6600 | 12.53 | 0.76 |
| 2022-03 | 100.00 | 22.81 | -- | -- | -- | -- | -- |
| 2022-06 | 100.00 | 25.84 | -- | -- | -- | -- | -- |
| 2021-12 | 13.15 | 17.12 | 14.44 | 39.9500 | 165.8900 | 13.07 | 0.84 |
| 2021-03 | 16.96 | 25.02 | 6.17 | 14.6900 | 22.5500 | 12.21 | 0.25 |
| 2020-12 | 19.20 | 22.32 | 21.01 | 66.6900 | 77.0900 | 11.34 | 0.94 |
| 2018-12 | -49.49 | -40.51 | -30.42 | -149.2000 | 673.5500 | 6.01 | 0.75 |
| 2019-12 | -61.18 | -57.65 | -59.39 | -586.3600 | 120.7500 | 8.86 | 1.03 |
| 2025-06 | 25.15 | 29.77 | 7.20 | 8.5900 | 29.3300 | 13.53 | 0.24 |
| 2025-09 | 24.10 | 28.70 | 10.24 | -- | -- | -- | 0.36 |
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 | 23.82 | 76.20 | 4.0300 | 3.9800 |
| 2025-03 | 22.75 | 77.25 | 4.2100 | 4.1600 |
| 2024-06 | 38.08 | 61.92 | 2.3600 | 2.2700 |
| 2024-09 | 23.42 | 76.58 | 4.1000 | 4.0400 |
| 2024-03 | -- | -- | -- | -- |
| 2023-09 | -- | -- | -- | -- |
| 2023-12 | 44.46 | 55.54 | 2.1500 | 2.0900 |
| 2023-06 | 43.81 | 56.19 | -- | -- |
| 2023-03 | 48.08 | 51.92 | -- | -- |
| 2022-09 | -- | -- | -- | -- |
| 2022-12 | 47.88 | 52.12 | 2.0000 | 1.9300 |
| 2022-03 | -- | -- | -- | -- |
| 2022-06 | -- | -- | -- | -- |
| 2021-12 | 52.72 | 47.28 | 1.6300 | 1.5600 |
| 2021-03 | 54.55 | 45.45 | 1.6500 | 1.5700 |
| 2020-12 | 55.70 | 44.14 | 1.6200 | 1.5300 |
| 2018-12 | 94.25 | 5.42 | 0.9700 | 0.9400 |
| 2019-12 | 64.55 | 35.45 | 1.4100 | 1.3400 |
| 2025-06 | 22.81 | 77.22 | 4.1900 | 4.1100 |
| 2025-09 | 0.00 | 76.86 | -- | -- |
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 | 1128000000.0000 | 429000000.0000 | 84031600.0000 | -4429200.0000 |
| 2025-03 | 283000000.0000 | 103000000.0000 | 18982500.0000 | -4015900.0000 |
| 2024-06 | 493000000.0000 | 184000000.0000 | 34205800.0000 | -1574900.0000 |
| 2024-09 | 796000000.0000 | 304000000.0000 | 54470800.0000 | -784800.0000 |
| 2024-03 | 239000000.0000 | 86256500.0000 | 17160300.0000 | -591500.0000 |
| 2023-09 | 637000000.0000 | 224000000.0000 | 49343600.0000 | -9719900.0000 |
| 2023-12 | 924000000.0000 | 335000000.0000 | 76024900.0000 | -3132600.0000 |
| 2023-06 | 408000000.0000 | 143000000.0000 | 31292900.0000 | -8569900.0000 |
| 2023-03 | -- | -- | -- | -- |
| 2022-09 | -- | -- | -- | -- |
| 2022-12 | 750000000.0000 | 269000000.0000 | 61029600.0000 | -25305100.0000 |
| 2022-03 | -- | -- | -- | -- |
| 2022-06 | -- | -- | -- | -- |
| 2021-12 | 700000000.0000 | 268000000.0000 | 49879000.0000 | 7228600.0000 |
| 2021-03 | 142000000.0000 | 54214800.0000 | 10810600.0000 | -1869300.0000 |
| 2020-12 | 467000000.0000 | 159000000.0000 | 32283500.0000 | 13145600.0000 |
| 2018-12 | 293000000.0000 | 94041800.0000 | 14870000.0000 | 118200.0000 |
| 2019-12 | 548000000.0000 | 158000000.0000 | 105000000.0000 | 173100.0000 |
| 2025-06 | 631000000.0000 | 261000000.0000 | 39649100.0000 | 1346700.0000 |
| 2025-09 | 989000000.0000 | 415000000.0000 | 61179200.0000 | -6778500.0000 |