中商官网
研究报告
珠海冠宇（688772）
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 | 2498000000.0000 | -2.00 | -156000000.0000 | 65.33 | -157000000.0000 | 64.26 | -56546300.0000 | 55.34 |
| 2024-12-31 | 11541000000.0000 | 0.83 | 116000000.0000 | 20.17 | 110000000.0000 | 83.28 | 287000000.0000 | 45.69 |
| 2024-06-30 | 5347000000.0000 | -2.32 | -81239000.0000 | -226.23 | -82702700.0000 | -271.01 | 23207100.0000 | -75.45 |
| 2024-09-30 | 8517000000.0000 | -0.27 | 7869400.0000 | -94.21 | 5936700.0000 | -94.70 | 158000000.0000 | -18.56 |
| 2024-03-31 | 2549000000.0000 | 7.24 | -94355600.0000 | -56.92 | -95580800.0000 | -56.16 | -36401300.0000 | -77.53 |
| 2023-12-31 | 11446000000.0000 | 4.30 | 96530600.0000 | -198.71 | 60018800.0000 | -156.62 | 197000000.0000 | 238.94 |
| 2023-09-30 | 8540000000.0000 | 2.42 | 136000000.0000 | -904.88 | 112000000.0000 | -760.50 | 194000000.0000 | 128.38 |
| 2023-03-31 | 2377000000.0000 | -20.90 | -219000000.0000 | -1113.78 | -218000000.0000 | -1057.02 | -162000000.0000 | -417.11 |
| 2023-06-30 | 5474000000.0000 | -4.58 | 64355500.0000 | 1893.11 | 48362600.0000 | 2165.33 | 94533000.0000 | 51.04 |
| 2022-09-30 | 8338000000.0000 | 8.94 | -16896900.0000 | -101.91 | -16956900.0000 | -101.91 | 84945400.0000 | -89.56 |
| 2022-12-31 | 10974000000.0000 | 6.13 | -97791000.0000 | -109.56 | -106000000.0000 | -110.35 | 58123100.0000 | -93.85 |
| 2021-12-31 | 10340000000.0000 | 48.48 | 1023000000.0000 | 4.18 | 1024000000.0000 | 9.52 | 945000000.0000 | 15.67 |
| 2022-03-31 | 3005000000.0000 | 32.20 | 21602400.0000 | -92.45 | 22779000.0000 | -92.06 | 51085700.0000 | -79.97 |
| 2022-06-30 | 5737000000.0000 | 12.80 | 3228900.0000 | -99.49 | 2134900.0000 | -99.66 | 62586900.0000 | -89.12 |
| 2021-09-30 | 7654000000.0000 | 62.99 | 886000000.0000 | 26.21 | 886000000.0000 | 34.24 | 814000000.0000 | 41.57 |
| 2021-06-30 | 5086000000.0000 | 88.65 | 633000000.0000 | 88.39 | 634000000.0000 | 120.14 | 575000000.0000 | 126.38 |
| 2021-03-31 | 2273000000.0000 | 124.83 | 286000000.0000 | -- | 287000000.0000 | -- | 255000000.0000 | -- |
| 2020-12-31 | 6964000000.0000 | 30.63 | 982000000.0000 | 77.58 | 935000000.0000 | 93.98 | 817000000.0000 | 89.12 |
| 2020-09-30 | 4696000000.0000 | -- | 702000000.0000 | -- | 660000000.0000 | -- | 575000000.0000 | -- |
| 2020-06-30 | 2696000000.0000 | -- | 336000000.0000 | -- | 288000000.0000 | -- | 254000000.0000 | -- |
| 2020-03-31 | 1011000000.0000 | -- | -- | NaN | -- | NaN | -- | NaN |
| 2019-12-31 | 5331000000.0000 | 12.30 | 553000000.0000 | 132.35 | 482000000.0000 | 90.51 | 432000000.0000 | 94.59 |
| 2018-12-31 | 4747000000.0000 | 61.74 | 238000000.0000 | -194.07 | 253000000.0000 | -200.40 | 222000000.0000 | -190.24 |
| 2017-12-31 | 2935000000.0000 | -- | -253000000.0000 | -∞ | -252000000.0000 | -∞ | -246000000.0000 | -∞ |
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 | -7.81 | -6.29 | -0.74 | -0.3300 | 0.9500 | 3.26 | 0.12 |
| 2024-12 | -0.72 | 0.95 | 0.52 | 6.1000 | 4.4600 | 3.79 | 0.55 |
| 2024-06 | -3.31 | -1.55 | -0.38 | 1.4500 | 2.1800 | 3.72 | 0.25 |
| 2024-09 | -1.22 | 0.07 | 0.03 | 3.8200 | 3.3300 | 3.84 | 0.39 |
| 2024-03 | -5.06 | -3.75 | -0.44 | 0.1400 | 1.0000 | 3.85 | 0.12 |
| 2023-12 | -0.66 | 0.52 | 0.28 | 4.9600 | 4.2800 | 4.05 | 0.53 |
| 2023-09 | 0.29 | 1.31 | 0.51 | 4.2700 | 3.1400 | 3.79 | 0.39 |
| 2023-03 | -10.48 | -9.17 | -1.14 | -2.1300 | 0.9500 | 3.65 | 0.12 |
| 2023-06 | -0.07 | 0.88 | 0.23 | 2.1000 | 2.1900 | 3.64 | 0.26 |
| 2022-09 | 0.00 | -0.20 | -0.10 | 1.3500 | 2.8900 | 3.95 | 0.47 |
| 2022-12 | -1.02 | -0.97 | -0.53 | 1.4400 | 4.1500 | 3.83 | 0.55 |
| 2021-12 | 9.20 | 9.90 | 6.27 | 23.2400 | 4.5500 | 3.91 | 0.63 |
| 2022-03 | 0.17 | 0.76 | 0.12 | 0.8000 | 0.9200 | 3.94 | 0.16 |
| 2022-06 | 0.14 | 0.04 | 0.01 | 0.9800 | 2.0100 | 3.91 | 0.32 |
| 2021-09 | 10.60 | 11.58 | 7.15 | 22.2900 | 4.2700 | 3.98 | 0.62 |
| 2021-06 | 11.90 | 12.47 | 5.56 | 16.2900 | 2.6800 | 4.06 | 0.45 |
| 2021-03 | 12.14 | 12.63 | -- | -- | -- | -- | -- |
| 2020-12 | 13.04 | 13.43 | 10.89 | -- | 5.4800 | 3.42 | 0.81 |
| 2020-09 | 14.29 | 14.05 | -- | 20.3800 | -- | -- | -- |
| 2020-06 | 12.24 | 10.68 | 4.28 | 9.7000 | 2.5100 | 3.06 | 0.40 |
| 2020-03 | 100.00 | 0.00 | -- | -- | -- | -- | -- |
| 2019-12 | 10.00 | 9.04 | 9.01 | -- | 5.0100 | 3.40 | 1.00 |
| 2018-12 | 5.39 | 5.33 | 5.19 | -- | 4.7300 | 4.07 | 0.97 |
| 2017-12 | -8.96 | -8.59 | -7.20 | -- | 3.1100 | 3.19 | 0.84 |
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 | 62.68 | 37.32 | 1.1300 | 0.7300 |
| 2024-12 | 65.32 | 34.68 | 1.1500 | 0.8100 |
| 2024-06 | 67.61 | 32.38 | 1.0800 | 0.8500 |
| 2024-09 | 67.40 | 32.60 | 1.0900 | 0.8400 |
| 2024-03 | 66.56 | 33.44 | 1.0200 | 0.7800 |
| 2023-12 | 66.38 | 33.63 | 1.0200 | 0.7800 |
| 2023-09 | 67.08 | 32.92 | 1.0600 | 0.8200 |
| 2023-03 | 65.87 | 34.13 | 1.1800 | 0.8700 |
| 2023-06 | 67.11 | 32.90 | 1.0800 | 0.8300 |
| 2022-09 | 64.74 | 35.26 | 0.9400 | 0.6400 |
| 2022-12 | 66.37 | 33.63 | 1.2200 | 0.9300 |
| 2021-12 | 61.45 | 38.55 | 1.0900 | 0.7600 |
| 2022-03 | 64.91 | 35.09 | 1.0200 | 0.6700 |
| 2022-06 | 64.39 | 35.61 | 0.9700 | 0.6900 |
| 2021-09 | 67.22 | 32.78 | 0.9600 | 0.6900 |
| 2021-06 | 66.49 | 33.51 | 1.0000 | 0.6900 |
| 2021-03 | -- | -- | -- | -- |
| 2020-12 | 62.19 | 37.82 | 1.1400 | 0.8400 |
| 2020-09 | -- | -- | -- | -- |
| 2020-06 | 57.23 | 42.79 | 1.3500 | 1.0200 |
| 2020-03 | -- | -- | -- | -- |
| 2019-12 | 58.45 | 41.55 | 1.2200 | 0.8500 |
| 2018-12 | 67.88 | 32.12 | 1.0300 | 0.7000 |
| 2017-12 | 83.25 | 16.75 | 0.9100 | 0.4600 |
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 | 2693000000.0000 | 15702400.0000 | 260000000.0000 | 11398300.0000 |
| 2024-12 | 11624000000.0000 | 65513100.0000 | 1155000000.0000 | 121000000.0000 |
| 2024-06 | 5524000000.0000 | 28403000.0000 | 599000000.0000 | 73726600.0000 |
| 2024-09 | 8621000000.0000 | 49243200.0000 | 845000000.0000 | 124000000.0000 |
| 2024-03 | 2678000000.0000 | 12524800.0000 | 323000000.0000 | 16394800.0000 |
| 2023-12 | 11522000000.0000 | 48359900.0000 | 1263000000.0000 | 158000000.0000 |
| 2023-09 | 8515000000.0000 | 37258000.0000 | 892000000.0000 | 35276900.0000 |
| 2023-03 | 2626000000.0000 | 18669100.0000 | 302000000.0000 | 51936700.0000 |
| 2023-06 | 5478000000.0000 | 23196200.0000 | 574000000.0000 | 34084900.0000 |
| 2022-09 | 8338000000.0000 | 38921300.0000 | 766000000.0000 | -21703300.0000 |
| 2022-12 | 11086000000.0000 | 38282300.0000 | 792000000.0000 | 51065400.0000 |
| 2021-12 | 9389000000.0000 | 43206300.0000 | 629000000.0000 | 71208200.0000 |
| 2022-03 | 3000000000.0000 | 11836400.0000 | 268000000.0000 | 33025500.0000 |
| 2022-06 | 5729000000.0000 | 21951500.0000 | 538000000.0000 | 95245700.0000 |
| 2021-09 | 6843000000.0000 | 39985500.0000 | 432000000.0000 | 67941400.0000 |
| 2021-06 | 4481000000.0000 | 21185800.0000 | 274000000.0000 | 62504700.0000 |
| 2021-03 | 1997000000.0000 | 9604000.0000 | 126000000.0000 | 11898300.0000 |
| 2020-12 | 6056000000.0000 | 35839500.0000 | 441000000.0000 | 206000000.0000 |
| 2020-09 | 4025000000.0000 | 23139600.0000 | 286000000.0000 | 106000000.0000 |
| 2020-06 | 2366000000.0000 | 15896800.0000 | 183000000.0000 | 40412500.0000 |
| 2020-03 | -- | -- | -- | -- |
| 2019-12 | 4798000000.0000 | 59701200.0000 | 376000000.0000 | 35507500.0000 |
| 2018-12 | 4491000000.0000 | 45838200.0000 | 221000000.0000 | 59531400.0000 |
| 2017-12 | 3198000000.0000 | 31160500.0000 | 326000000.0000 | 64311000.0000 |