中商官网
研究报告
振华新材（688707）
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 | 272000000.0000 | -57.23 | -115000000.0000 | -30.30 | -114000000.0000 | -30.91 | -97687900.0000 | -28.69 |
| 2024-12-31 | 1961000000.0000 | -71.48 | -627000000.0000 | -650.00 | -630000000.0000 | -677.98 | -528000000.0000 | -612.62 |
| 2024-09-30 | 1459000000.0000 | -72.37 | -390000000.0000 | -972.71 | -394000000.0000 | -1216.07 | -331000000.0000 | -980.49 |
| 2024-06-30 | 972000000.0000 | -70.17 | -246000000.0000 | 432.77 | -250000000.0000 | 400.22 | -203000000.0000 | 467.13 |
| 2023-09-30 | 5281000000.0000 | -46.68 | 44688200.0000 | -96.07 | 35302500.0000 | -96.93 | 37592700.0000 | -96.26 |
| 2024-03-31 | 636000000.0000 | -68.30 | -165000000.0000 | -292.09 | -165000000.0000 | -298.67 | -137000000.0000 | -293.94 |
| 2023-12-31 | 6876000000.0000 | -50.66 | 114000000.0000 | -92.12 | 109000000.0000 | -92.52 | 103000000.0000 | -91.90 |
| 2023-03-31 | 2006000000.0000 | -22.22 | 85898200.0000 | -77.86 | 83054100.0000 | -78.76 | 70641500.0000 | -79.34 |
| 2023-06-30 | 3258000000.0000 | -40.11 | -46174000.0000 | -106.12 | -49978400.0000 | -106.55 | -35794000.0000 | -105.37 |
| 2022-12-31 | 13936000000.0000 | 152.69 | 1446000000.0000 | 212.99 | 1457000000.0000 | 214.01 | 1272000000.0000 | 207.99 |
| 2022-09-30 | 9904000000.0000 | 179.54 | 1137000000.0000 | 286.73 | 1149000000.0000 | 289.49 | 1006000000.0000 | 285.44 |
| 2022-06-30 | 5440000000.0000 | 161.04 | 755000000.0000 | 344.12 | 763000000.0000 | 346.20 | 666000000.0000 | 341.06 |
| 2021-12-31 | 5515000000.0000 | 431.82 | 462000000.0000 | -326.47 | 464000000.0000 | -326.34 | 413000000.0000 | -342.94 |
| 2022-03-31 | 2579000000.0000 | 161.30 | 388000000.0000 | 350.57 | 391000000.0000 | 351.37 | 342000000.0000 | 344.78 |
| 2021-09-30 | 3543000000.0000 | 417.98 | 294000000.0000 | -284.91 | 295000000.0000 | -284.38 | 261000000.0000 | -297.73 |
| 2021-06-30 | 2084000000.0000 | 430.28 | 170000000.0000 | -194.44 | 171000000.0000 | -195.00 | 151000000.0000 | -200.67 |
| 2021-03-31 | 987000000.0000 | -- | 86113100.0000 | -- | 86626100.0000 | -- | 76892300.0000 | -- |
| 2020-12-31 | 1037000000.0000 | -57.29 | -204000000.0000 | -709.36 | -205000000.0000 | -695.49 | -170000000.0000 | -603.50 |
| 2020-09-30 | 684000000.0000 | -- | -159000000.0000 | -∞ | -160000000.0000 | -∞ | -132000000.0000 | -∞ |
| 2020-06-30 | 393000000.0000 | -- | -180000000.0000 | -∞ | -180000000.0000 | -∞ | -150000000.0000 | -∞ |
| 2019-12-31 | 2428000000.0000 | -8.55 | 33477500.0000 | -56.51 | 34425600.0000 | -55.08 | 33763600.0000 | -51.29 |
| 2017-12-31 | 1347000000.0000 | 178.31 | 50871800.0000 | 2656.83 | 51567500.0000 | 752.33 | 46626600.0000 | 1050.79 |
| 2018-12-31 | 2655000000.0000 | 97.10 | 76975700.0000 | 51.31 | 76639500.0000 | 48.62 | 69321100.0000 | 48.67 |
| 2016-12-31 | 484000000.0000 | 8.28 | 1845300.0000 | -118.23 | 6050200.0000 | 137.71 | 4051700.0000 | 129.17 |
| 2017-06-30 | 554000000.0000 | 167.63 | 27538000.0000 | 704.33 | 30108600.0000 | 480.80 | 25910200.0000 | 564.01 |
| 2015-12-31 | 447000000.0000 | 79.52 | -10121000.0000 | -75.36 | 2545200.0000 | -118.26 | 1768000.0000 | -112.91 |
| 2014-12-31 | 249000000.0000 | -- | -41080200.0000 | -∞ | -13940900.0000 | -∞ | -13699900.0000 | -∞ |
| 2016-06-30 | 207000000.0000 | -- | 3423700.0000 | -- | 5184000.0000 | -- | 3902100.0000 | -- |
| 2025-06-30 | 713000000.0000 | -26.65 | -256000000.0000 | 4.07 | -255000000.0000 | 2.00 | -217000000.0000 | 6.90 |
| 2025-09-30 | 1067000000.0000 | -26.87 | -391000000.0000 | 0.26 | -390000000.0000 | -1.02 | -333000000.0000 | 0.60 |
| 2026-03-31 | 183000000.0000 | -32.72 | -96032300.0000 | -16.49 | -95956100.0000 | -15.83 | -95612400.0000 | -2.12 |
| 2025-12-31 | 1428000000.0000 | -27.18 | -456000000.0000 | -27.27 | -455000000.0000 | -27.78 | -432000000.0000 | -18.18 |
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 | -42.65 | -41.91 | -1.46 | -2.2400 | 0.3200 | 2.08 | 0.03 |
| 2024-12 | -32.28 | -32.13 | -8.07 | -11.4700 | 1.7600 | 1.90 | 0.25 |
| 2024-09 | -27.28 | -27.00 | -4.95 | -7.0900 | 1.2200 | 1.78 | 0.18 |
| 2024-06 | -25.93 | -25.72 | -2.97 | -4.3300 | 0.7600 | 1.95 | 0.12 |
| 2023-09 | 0.62 | 0.67 | 0.40 | 0.9500 | 2.9700 | 5.08 | 0.60 |
| 2024-03 | -26.10 | -25.94 | -1.73 | -3.0100 | 0.5100 | 2.33 | 0.07 |
| 2023-12 | 1.43 | 1.59 | 1.13 | 2.5900 | 3.8100 | 4.69 | 0.71 |
| 2023-03 | 3.94 | 4.14 | 0.81 | 1.7100 | 0.9300 | 5.78 | 0.20 |
| 2023-06 | -1.66 | -1.53 | -0.61 | -0.9100 | 1.7200 | 5.49 | 0.40 |
| 2022-12 | 10.10 | 10.45 | 13.16 | 36.3600 | 7.1900 | 11.01 | 1.26 |
| 2022-09 | 11.14 | 11.60 | 11.73 | 29.7600 | 4.8300 | 8.55 | 1.01 |
| 2022-06 | 13.36 | 14.03 | 9.78 | 20.7800 | 3.0000 | 7.52 | 0.70 |
| 2021-12 | 8.05 | 8.41 | 6.67 | 21.7400 | 3.6600 | 7.69 | 0.79 |
| 2022-03 | 14.46 | 15.16 | 5.41 | 11.0500 | 1.2700 | 8.99 | 0.36 |
| 2021-09 | 8.10 | 8.33 | 4.87 | 16.8400 | 2.7500 | 7.69 | 0.59 |
| 2021-06 | 8.01 | 8.21 | 3.50 | 11.1500 | 1.5400 | 7.68 | 0.43 |
| 2021-03 | 8.51 | 8.78 | 1.82 | 5.8300 | 0.7900 | 6.89 | 0.21 |
| 2020-12 | -20.25 | -19.77 | -4.82 | -12.4300 | 1.1300 | 2.33 | 0.24 |
| 2020-09 | -23.83 | -23.39 | -3.97 | -9.5800 | 0.8200 | 1.81 | 0.17 |
| 2020-06 | -46.31 | -45.80 | -- | -- | -- | -- | -- |
| 2019-12 | 1.15 | 1.42 | 0.97 | 3.1000 | 3.5300 | 5.17 | 0.68 |
| 2017-12 | 3.19 | 3.83 | 2.05 | 18.0300 | 3.1600 | 6.84 | 0.54 |
| 2018-12 | 2.79 | 2.89 | 2.20 | 7.7000 | 4.8100 | 7.16 | 0.76 |
| 2016-12 | 0.41 | 1.25 | 0.72 | 2.0200 | 1.5500 | 3.27 | 0.57 |
| 2017-06 | 3.97 | 5.43 | 2.34 | 9.9100 | 1.5200 | 5.03 | 0.43 |
| 2015-12 | -2.24 | 0.57 | 0.30 | 1.7200 | 1.8600 | 3.89 | 0.53 |
| 2014-12 | -16.47 | -5.60 | -2.06 | -12.5700 | 1.2900 | 2.38 | 0.37 |
| 2016-06 | 1.93 | 2.50 | 0.62 | 1.6600 | 0.6700 | 2.81 | 0.25 |
| 2025-06 | -36.33 | -35.76 | -3.51 | -5.0500 | 0.9200 | 2.31 | 0.10 |
| 2025-09 | -37.11 | -36.55 | -5.72 | -7.8300 | 1.4000 | 2.58 | 0.16 |
| 2026-03 | -53.55 | -52.44 | -- | -- | -- | -- | -- |
| 2025-12 | -32.56 | -31.86 | -- | -- | -- | -- | -- |
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 | 44.49 | 55.51 | 1.5800 | 1.1600 |
| 2024-12 | 43.43 | 56.57 | 1.6300 | 1.2300 |
| 2024-09 | 41.99 | 58.01 | 1.7400 | 1.2800 |
| 2024-06 | 43.57 | 56.42 | 1.7900 | 1.2900 |
| 2023-09 | 56.38 | 43.61 | 1.5000 | 1.0400 |
| 2024-03 | 49.33 | 50.67 | 1.7900 | 1.3600 |
| 2023-12 | 59.67 | 40.33 | 1.4200 | 1.0400 |
| 2023-03 | 59.23 | 40.78 | 1.4900 | 1.0400 |
| 2023-06 | 54.56 | 45.44 | 1.5500 | 0.9600 |
| 2022-12 | 63.07 | 36.93 | 1.4400 | 1.1000 |
| 2022-09 | 60.96 | 39.04 | 1.4500 | 0.9600 |
| 2022-06 | 55.36 | 44.65 | 1.6200 | 1.1500 |
| 2021-12 | 57.90 | 42.10 | 1.4300 | 0.9400 |
| 2022-03 | 54.78 | 45.22 | 1.5300 | 0.9100 |
| 2021-09 | 54.13 | 45.85 | 1.5800 | 1.0700 |
| 2021-06 | 70.72 | 29.28 | 1.0600 | 0.5300 |
| 2021-03 | 71.47 | 28.53 | 1.2900 | 0.7200 |
| 2020-12 | 69.92 | 30.08 | 1.2900 | 0.5800 |
| 2020-09 | 67.35 | 32.67 | 1.3600 | 0.5900 |
| 2020-06 | -- | -- | -- | -- |
| 2019-12 | 59.34 | 40.66 | 1.2800 | 0.6300 |
| 2017-12 | 63.90 | 36.10 | 1.6200 | 1.1800 |
| 2018-12 | 74.13 | 25.87 | 1.3900 | 0.9500 |
| 2016-12 | 71.29 | 28.71 | 0.9600 | 0.3600 |
| 2017-06 | 74.38 | 25.62 | 1.1600 | 0.6500 |
| 2015-12 | 78.98 | 21.14 | 0.9500 | 0.4000 |
| 2014-12 | 84.96 | 15.04 | 0.8000 | 0.3400 |
| 2016-06 | 70.16 | 29.84 | 1.0100 | 0.3900 |
| 2025-06 | 42.19 | 57.81 | 1.9500 | 1.5000 |
| 2025-09 | 40.12 | 59.88 | 2.3300 | 1.7600 |
| 2026-03 | -- | -- | -- | -- |
| 2025-12 | -- | -- | -- | -- |
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 | 388000000.0000 | 923300.0000 | 18019000.0000 | 8111400.0000 |
| 2024-12 | 2594000000.0000 | 5814000.0000 | 68687000.0000 | 69033800.0000 |
| 2024-09 | 1857000000.0000 | 4226900.0000 | 53039600.0000 | 23648300.0000 |
| 2024-06 | 1224000000.0000 | 2733400.0000 | 36163100.0000 | 37384600.0000 |
| 2023-09 | 5248000000.0000 | 7241400.0000 | 62896800.0000 | 57645700.0000 |
| 2024-03 | 802000000.0000 | 1537600.0000 | 17907800.0000 | 2557800.0000 |
| 2023-12 | 6778000000.0000 | 10956200.0000 | 88626900.0000 | 96563800.0000 |
| 2023-03 | 1927000000.0000 | 2681200.0000 | 20353100.0000 | 19311100.0000 |
| 2023-06 | 3312000000.0000 | 5705700.0000 | 42641400.0000 | 42420800.0000 |
| 2022-12 | 12528000000.0000 | 11719600.0000 | 76248500.0000 | 97014800.0000 |
| 2022-09 | 8801000000.0000 | 9140100.0000 | 54090400.0000 | 72247700.0000 |
| 2022-06 | 4713000000.0000 | 6824900.0000 | 38162500.0000 | 46965000.0000 |
| 2021-12 | 5071000000.0000 | 17954300.0000 | 70433700.0000 | 78685100.0000 |
| 2022-03 | 2206000000.0000 | 3132900.0000 | 17349400.0000 | 19726400.0000 |
| 2021-09 | 3256000000.0000 | 14979200.0000 | 44431200.0000 | 61296600.0000 |
| 2021-06 | 1917000000.0000 | 9350700.0000 | 28366900.0000 | 42966300.0000 |
| 2021-03 | 903000000.0000 | 4512000.0000 | 13888300.0000 | 20056800.0000 |
| 2020-12 | 1247000000.0000 | 10258100.0000 | 68486900.0000 | 66476100.0000 |
| 2020-09 | 847000000.0000 | 6933900.0000 | 54736800.0000 | 30986400.0000 |
| 2020-06 | 575000000.0000 | 4749500.0000 | 43649000.0000 | 29303600.0000 |
| 2019-12 | 2400000000.0000 | 24668600.0000 | 42856000.0000 | 65762900.0000 |
| 2017-12 | 1304000000.0000 | 18423300.0000 | 25599000.0000 | 29958200.0000 |
| 2018-12 | 2581000000.0000 | 20987700.0000 | 32906800.0000 | 41234700.0000 |
| 2016-12 | 482000000.0000 | 5631400.0000 | 31964800.0000 | 26911200.0000 |
| 2017-06 | 532000000.0000 | 3951600.0000 | 21989600.0000 | 14009900.0000 |
| 2015-12 | 457000000.0000 | 4551100.0000 | 26500600.0000 | 31391000.0000 |
| 2014-12 | 290000000.0000 | 5241900.0000 | 23985100.0000 | 26944700.0000 |
| 2016-06 | 203000000.0000 | 2389200.0000 | 18785500.0000 | 13628500.0000 |
| 2025-06 | 972000000.0000 | 2868000.0000 | 34786700.0000 | 28816400.0000 |
| 2025-09 | 1463000000.0000 | 4534100.0000 | 52159800.0000 | 28483100.0000 |
| 2026-03 | 281000000.0000 | 4033200.0000 | 15400500.0000 | 10419100.0000 |
| 2025-12 | 1893000000.0000 | 7734500.0000 | 72934400.0000 | 55964200.0000 |