中商官网
研究报告
禾昌聚合（832089）
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 | 435000000.0000 | 32.22 | 40407700.0000 | 14.43 | 40684200.0000 | 15.12 | 33843200.0000 | 12.54 |
| 2024-12-31 | 1613000000.0000 | 13.83 | 136000000.0000 | 2.26 | 136000000.0000 | 2.26 | 121000000.0000 | 4.31 |
| 2024-09-30 | 1114000000.0000 | 12.30 | 101000000.0000 | 6.30 | 101000000.0000 | 6.36 | 91055600.0000 | 5.70 |
| 2024-06-30 | 693000000.0000 | 15.89 | 66667500.0000 | 12.86 | 66676900.0000 | 12.96 | 58964700.0000 | 11.33 |
| 2023-12-31 | 1417000000.0000 | 26.40 | 133000000.0000 | 33.00 | 133000000.0000 | 30.39 | 116000000.0000 | 27.00 |
| 2023-09-30 | 992000000.0000 | 25.89 | 95011800.0000 | 23.45 | 94956300.0000 | 22.43 | 86141400.0000 | 29.47 |
| 2024-03-31 | 329000000.0000 | 14.24 | 35312100.0000 | 6.92 | 35341300.0000 | 7.15 | 30072000.0000 | 6.69 |
| 2023-06-30 | 598000000.0000 | 24.58 | 59071000.0000 | 19.41 | 59029600.0000 | 17.43 | 52966200.0000 | 22.81 |
| 2022-12-31 | 1121000000.0000 | 14.74 | 100000000.0000 | 10.23 | 102000000.0000 | 10.84 | 91339500.0000 | 12.14 |
| 2023-03-31 | 288000000.0000 | 13.83 | 33025800.0000 | 18.16 | 32982200.0000 | 18.06 | 28186300.0000 | 20.55 |
| 2022-06-30 | 480000000.0000 | 0.21 | 49471100.0000 | -0.69 | 50269800.0000 | 0.71 | 43129800.0000 | -0.50 |
| 2022-09-30 | 788000000.0000 | 15.04 | 76961100.0000 | 7.01 | 77559000.0000 | 7.44 | 66535400.0000 | 7.88 |
| 2021-12-31 | 977000000.0000 | 21.97 | 90722800.0000 | 13.81 | 92027700.0000 | 15.80 | 81452700.0000 | 18.22 |
| 2022-03-31 | 253000000.0000 | 4.12 | 27948900.0000 | -1.39 | 27937900.0000 | -1.41 | 23382100.0000 | 0.41 |
| 2021-09-30 | 685000000.0000 | 33.27 | 71920700.0000 | 32.17 | 72190500.0000 | 32.36 | 61673600.0000 | 34.53 |
| 2020-12-31 | 801000000.0000 | 40.53 | 79715700.0000 | 220.61 | 79472500.0000 | 218.83 | 68898100.0000 | 196.76 |
| 2021-06-30 | 479000000.0000 | 53.53 | 49812700.0000 | 98.85 | 49916600.0000 | 98.75 | 43344400.0000 | 104.00 |
| 2021-03-31 | 243000000.0000 | 86.92 | 28343500.0000 | 272.21 | 28337800.0000 | 279.14 | 23286300.0000 | 276.36 |
| 2020-09-30 | 514000000.0000 | -- | 54415200.0000 | -- | 54540800.0000 | -- | 45845000.0000 | -- |
| 2020-06-30 | 312000000.0000 | 30.54 | 25050000.0000 | 28.87 | 25115600.0000 | 29.47 | 21247300.0000 | 31.07 |
| 2019-12-31 | 570000000.0000 | 31.03 | 24864100.0000 | -56.74 | 24926100.0000 | -56.83 | 23216500.0000 | -53.06 |
| 2019-06-30 | 239000000.0000 | 11.68 | 19437500.0000 | 1.26 | 19399100.0000 | -4.28 | 16210300.0000 | -3.38 |
| 2020-03-31 | 130000000.0000 | -- | 7615000.0000 | -- | 7474300.0000 | -- | 6187200.0000 | -- |
| 2018-12-31 | 435000000.0000 | -13.52 | 57473700.0000 | 19.66 | 57744600.0000 | 17.35 | 49455200.0000 | 18.94 |
| 2017-12-31 | 503000000.0000 | 16.17 | 48030900.0000 | -16.80 | 49205700.0000 | -15.74 | 41581100.0000 | -16.14 |
| 2018-06-30 | 214000000.0000 | -6.55 | 19196100.0000 | -15.41 | 20265700.0000 | -12.10 | 16777300.0000 | -10.71 |
| 2017-06-30 | 229000000.0000 | 21.81 | 22693100.0000 | -17.94 | 23056400.0000 | -17.39 | 18789100.0000 | -19.77 |
| 2016-12-31 | 433000000.0000 | 48.80 | 57729400.0000 | 53.52 | 58394700.0000 | 39.60 | 49582100.0000 | 41.09 |
| 2016-06-30 | 188000000.0000 | 31.47 | 27654200.0000 | 76.94 | 27910700.0000 | 66.84 | 23418600.0000 | 73.15 |
| 2015-12-31 | 291000000.0000 | -17.80 | 37604600.0000 | 38.32 | 41830300.0000 | 51.73 | 35141100.0000 | 46.79 |
| 2015-06-30 | 143000000.0000 | -14.88 | 15629500.0000 | 62.44 | 16729500.0000 | 74.28 | 13525100.0000 | 71.19 |
| 2014-06-30 | 168000000.0000 | -- | 9621700.0000 | -- | 9599100.0000 | -- | 7900500.0000 | -- |
| 2014-12-31 | 354000000.0000 | 6.31 | 27187400.0000 | -32.05 | 27569200.0000 | -34.95 | 23939300.0000 | -34.31 |
| 2014-08-31 | 223000000.0000 | -- | 12467800.0000 | -- | 12607200.0000 | -- | 11004400.0000 | -- |
| 2013-12-31 | 333000000.0000 | 6.73 | 40010200.0000 | 6.85 | 42384600.0000 | 8.97 | 36442100.0000 | 7.91 |
| 2012-12-31 | 312000000.0000 | -- | 37446200.0000 | -- | 38895400.0000 | -- | 33771100.0000 | -- |
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 | 9.43 | 9.35 | 2.00 | 2.9800 | 1.4800 | 2.19 | 0.21 |
| 2024-12 | 8.25 | 8.43 | 7.05 | 11.3400 | 6.5300 | 2.14 | 0.84 |
| 2024-09 | 8.98 | 9.07 | 5.37 | 8.6400 | 4.9000 | 1.93 | 0.59 |
| 2024-06 | 9.52 | 9.62 | 3.86 | 5.7300 | 2.8800 | 1.89 | 0.40 |
| 2023-12 | 8.89 | 9.39 | 8.12 | 12.0300 | 6.0900 | 2.30 | 0.87 |
| 2023-09 | 9.78 | 9.57 | 5.99 | 9.0600 | 3.9900 | 2.19 | 0.63 |
| 2024-03 | 10.94 | 10.74 | 2.17 | 2.9300 | 1.3800 | 1.81 | 0.20 |
| 2023-06 | 10.03 | 9.87 | 4.16 | 5.7400 | 2.4200 | 2.17 | 0.42 |
| 2022-12 | 8.92 | 9.10 | 7.64 | 10.3700 | 5.4600 | 2.53 | 0.84 |
| 2023-03 | 11.46 | 11.45 | 2.40 | 3.0400 | 1.1800 | 2.14 | 0.21 |
| 2022-06 | 10.21 | 10.47 | 4.24 | 4.9800 | 2.3900 | 2.47 | 0.41 |
| 2022-09 | 9.64 | 9.84 | 6.32 | 7.5500 | 3.9200 | 2.44 | 0.64 |
| 2021-12 | 9.52 | 9.42 | 8.33 | 12.9200 | 5.6300 | 2.80 | 0.88 |
| 2022-03 | 11.07 | 11.04 | 2.43 | 2.7200 | 1.3000 | 2.56 | 0.22 |
| 2021-09 | 10.80 | 10.54 | 8.12 | 10.3800 | 4.0700 | 2.75 | 0.77 |
| 2020-12 | 9.99 | 9.92 | 8.64 | 13.3800 | 6.0000 | 2.71 | 0.87 |
| 2021-06 | 10.65 | 10.42 | 5.48 | 7.4100 | 2.8400 | 2.94 | 0.53 |
| 2021-03 | 11.93 | 11.66 | 3.00 | 4.0400 | 1.2500 | 2.83 | 0.26 |
| 2020-09 | 10.70 | 10.61 | -- | 9.1000 | -- | -- | -- |
| 2020-06 | 8.01 | 8.05 | 3.37 | 4.3100 | 2.5200 | 2.37 | 0.42 |
| 2019-12 | 4.04 | 4.37 | 3.54 | 5.0200 | 6.7700 | 2.49 | 0.81 |
| 2019-06 | 7.11 | 8.12 | 3.31 | 3.5700 | 2.3700 | 2.37 | 0.41 |
| 2020-03 | 6.15 | 5.75 | -- | 1.2800 | -- | -- | -- |
| 2018-12 | 5.29 | 13.27 | 10.17 | 11.4100 | 5.8100 | 2.08 | 0.77 |
| 2017-12 | 9.34 | 9.78 | 8.00 | 11.3700 | 7.4800 | 2.34 | 0.82 |
| 2018-06 | 8.88 | 9.47 | 3.16 | 4.0000 | 2.5900 | 1.89 | 0.33 |
| 2017-06 | 9.61 | 10.07 | 3.96 | 4.9900 | 2.8400 | 2.14 | 0.39 |
| 2016-12 | 13.39 | 13.49 | 10.58 | 15.5200 | 8.2500 | 2.30 | 0.78 |
| 2016-06 | 14.89 | 14.85 | 5.81 | 7.9400 | 3.1700 | 1.99 | 0.39 |
| 2015-12 | 13.06 | 14.37 | 10.25 | -- | 6.3800 | 1.70 | 0.71 |
| 2015-06 | 11.19 | 11.70 | 4.33 | 6.1100 | 3.0600 | 1.53 | 0.37 |
| 2014-06 | 5.36 | 5.71 | -- | 4.0600 | -- | -- | -- |
| 2014-12 | 7.63 | 7.79 | 6.84 | 11.8100 | 7.1900 | 2.29 | 0.88 |
| 2014-08 | 5.38 | 5.65 | 3.58 | -- | -- | -- | 0.63 |
| 2013-12 | 12.01 | 12.73 | 11.33 | 21.1300 | 6.1500 | 2.73 | 0.89 |
| 2012-12 | 12.18 | 12.47 | 12.47 | -- | 6.0600 | 2.77 | 1.00 |
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 | 43.38 | 56.62 | 2.0000 | 1.6200 |
| 2024-12 | 41.92 | 58.03 | 2.0700 | 1.7200 |
| 2024-09 | 42.03 | 57.97 | 2.1100 | 1.7400 |
| 2024-06 | 38.64 | 61.36 | 2.2700 | 1.8700 |
| 2023-12 | 38.12 | 61.82 | 2.2800 | 1.9000 |
| 2023-09 | 37.98 | 62.02 | 2.2800 | 1.8600 |
| 2024-03 | 35.92 | 64.15 | 2.4200 | 1.9800 |
| 2023-06 | 33.00 | 67.00 | 2.6100 | 2.0400 |
| 2022-12 | 31.61 | 68.39 | 2.7500 | 2.1900 |
| 2023-03 | 31.56 | 68.44 | 2.6800 | 2.1100 |
| 2022-06 | 27.00 | 73.00 | 3.2500 | 2.4700 |
| 2022-09 | 27.63 | 72.37 | 3.1800 | 2.5300 |
| 2021-12 | 23.26 | 76.74 | 3.8400 | 3.1600 |
| 2022-03 | 24.11 | 75.89 | 3.7000 | 2.8600 |
| 2021-09 | 30.60 | 69.40 | 2.8400 | 2.2000 |
| 2020-12 | 38.59 | 61.41 | 2.2700 | 1.8000 |
| 2021-06 | 34.25 | 65.75 | 2.5600 | 2.0400 |
| 2021-03 | 37.84 | 62.16 | 2.3300 | 1.6700 |
| 2020-09 | -- | -- | -- | -- |
| 2020-06 | 32.57 | 67.43 | 2.6000 | 1.9700 |
| 2019-12 | 31.53 | 68.47 | 2.6400 | 2.1800 |
| 2019-06 | 22.70 | 77.30 | 3.7100 | 2.7300 |
| 2020-03 | -- | -- | -- | -- |
| 2018-12 | 21.65 | 78.35 | 4.1000 | 3.5100 |
| 2017-12 | 33.17 | 66.99 | 2.5700 | 2.2400 |
| 2018-06 | 33.33 | 66.67 | 2.5800 | 2.1600 |
| 2017-06 | 33.68 | 66.32 | 2.5000 | 2.0300 |
| 2016-12 | 33.51 | 66.49 | 2.5200 | 2.2400 |
| 2016-06 | 32.71 | 67.50 | 2.7000 | 2.2300 |
| 2015-12 | 34.56 | 65.44 | 2.5900 | 2.3500 |
| 2015-06 | 40.93 | 59.07 | 2.1600 | 1.9200 |
| 2014-06 | -- | -- | -- | -- |
| 2014-12 | 46.90 | 53.35 | 1.9000 | 1.7000 |
| 2014-08 | 42.61 | 57.39 | -- | -- |
| 2013-12 | 48.93 | 51.07 | 1.7800 | 1.5200 |
| 2012-12 | 50.64 | 49.36 | 1.6700 | 1.3900 |
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 | 394000000.0000 | 3442500.0000 | 7075100.0000 | 2083200.0000 |
| 2024-12 | 1480000000.0000 | 14797800.0000 | 25604500.0000 | 2033900.0000 |
| 2024-09 | 1014000000.0000 | 10661000.0000 | 20032300.0000 | 1270700.0000 |
| 2024-06 | 627000000.0000 | 7237500.0000 | 14136200.0000 | 984300.0000 |
| 2023-12 | 1291000000.0000 | 14780400.0000 | 26045700.0000 | 946900.0000 |
| 2023-09 | 895000000.0000 | 9492400.0000 | 15990100.0000 | 583900.0000 |
| 2024-03 | 293000000.0000 | 3604000.0000 | 7878400.0000 | 367500.0000 |
| 2023-06 | 538000000.0000 | 5964200.0000 | 9588700.0000 | 1135400.0000 |
| 2022-12 | 1021000000.0000 | 11897400.0000 | 17735700.0000 | 424000.0000 |
| 2023-03 | 255000000.0000 | 2326700.0000 | 3870500.0000 | 585000.0000 |
| 2022-06 | 431000000.0000 | 4644100.0000 | 8220500.0000 | 63300.0000 |
| 2022-09 | 712000000.0000 | 8300600.0000 | 12158300.0000 | 81400.0000 |
| 2021-12 | 884000000.0000 | 9440000.0000 | 15022800.0000 | 968300.0000 |
| 2022-03 | 225000000.0000 | 2239300.0000 | 4210700.0000 | 270400.0000 |
| 2021-09 | 611000000.0000 | 7162700.0000 | 9758100.0000 | 653100.0000 |
| 2020-12 | 721000000.0000 | 8112000.0000 | 11099000.0000 | 2695500.0000 |
| 2021-06 | 428000000.0000 | 4081800.0000 | 6708400.0000 | 483500.0000 |
| 2021-03 | 214000000.0000 | 1910300.0000 | 3207800.0000 | 265500.0000 |
| 2020-09 | 459000000.0000 | 3997900.0000 | 7966200.0000 | 2163000.0000 |
| 2020-06 | 287000000.0000 | 3746800.0000 | 4826600.0000 | 1604400.0000 |
| 2019-12 | 547000000.0000 | 16580100.0000 | 9251700.0000 | 1620500.0000 |
| 2019-06 | 222000000.0000 | 5648100.0000 | 5632600.0000 | 924100.0000 |
| 2020-03 | 122000000.0000 | 1404600.0000 | 2439700.0000 | 292700.0000 |
| 2018-12 | 412000000.0000 | 12796600.0000 | 11670100.0000 | 4309000.0000 |
| 2017-12 | 456000000.0000 | 13154600.0000 | 11005800.0000 | 5245800.0000 |
| 2018-06 | 195000000.0000 | 4940900.0000 | 5865300.0000 | 2260300.0000 |
| 2017-06 | 207000000.0000 | 6015200.0000 | 5660000.0000 | 2377900.0000 |
| 2016-12 | 375000000.0000 | 11228500.0000 | 21942500.0000 | 5969000.0000 |
| 2016-06 | 160000000.0000 | 5571600.0000 | 10037900.0000 | 2838900.0000 |
| 2015-12 | 253000000.0000 | 7323000.0000 | 21784900.0000 | 8708700.0000 |
| 2015-06 | 127000000.0000 | 3245900.0000 | 8345900.0000 | 4563000.0000 |
| 2014-06 | 159000000.0000 | 3812100.0000 | 7591700.0000 | 4485300.0000 |
| 2014-12 | 327000000.0000 | 6683300.0000 | 18832200.0000 | 10131200.0000 |
| 2014-08 | 211000000.0000 | 5029200.0000 | 10714600.0000 | 7627900.0000 |
| 2013-12 | 293000000.0000 | 6677200.0000 | 17360700.0000 | 4752800.0000 |
| 2012-12 | 274000000.0000 | 5267700.0000 | 16335400.0000 | 7112200.0000 |