中商官网
研究报告
恒坤股份（832456）
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 | 548000000.0000 | 48.91 | 111000000.0000 | 5.71 | 107000000.0000 | 2.88 | 96911100.0000 | 7.96 |
| 2022-12-31 | 322000000.0000 | 128.37 | 124000000.0000 | 319.50 | 125000000.0000 | 312.40 | 99728300.0000 | 275.42 |
| 2024-06-30 | 238000000.0000 | -- | 53481200.0000 | -- | 53447400.0000 | -- | 44099200.0000 | -- |
| 2023-12-31 | 368000000.0000 | 14.29 | 105000000.0000 | -15.32 | 104000000.0000 | -16.80 | 89762600.0000 | -9.99 |
| 2021-12-31 | 141000000.0000 | -- | 29559300.0000 | -- | 30310100.0000 | -- | 26564200.0000 | -- |
| 2020-06-30 | 66491600.0000 | -41.67 | -11917700.0000 | -329.27 | -11889700.0000 | -327.11 | -8534800.0000 | -263.92 |
| 2019-06-30 | 114000000.0000 | 8.57 | 5198200.0000 | 31.95 | 5235300.0000 | 9.71 | 5206800.0000 | 25.80 |
| 2018-12-31 | 219000000.0000 | 16.49 | 9686900.0000 | 331.83 | 10366400.0000 | 286.37 | 8754000.0000 | 254.21 |
| 2019-12-31 | 244000000.0000 | 11.42 | -4622500.0000 | -147.72 | -4258000.0000 | -141.08 | 1727200.0000 | -80.27 |
| 2018-06-30 | 105000000.0000 | 19.21 | 3939500.0000 | 101.87 | 4771800.0000 | 102.30 | 4139100.0000 | 98.26 |
| 2017-12-31 | 188000000.0000 | 10.59 | 2243200.0000 | -361.48 | 2683000.0000 | 152.21 | 2471400.0000 | 138.35 |
| 2016-06-30 | 64213900.0000 | -30.97 | -4224500.0000 | 200.53 | -3390900.0000 | 215.26 | -2893100.0000 | 157.85 |
| 2016-12-31 | 170000000.0000 | -15.42 | -857900.0000 | -219.72 | 1063800.0000 | -62.23 | 1036900.0000 | -58.29 |
| 2017-06-30 | 88081700.0000 | 37.17 | 1951500.0000 | -146.19 | 2358800.0000 | -169.56 | 2087700.0000 | -172.16 |
| 2015-06-30 | 93017400.0000 | -13.87 | -1405700.0000 | -154.61 | -1075600.0000 | -136.69 | -1122000.0000 | -168.07 |
| 2015-12-31 | 201000000.0000 | -10.67 | 716600.0000 | -54.27 | 2816500.0000 | -17.61 | 2486200.0000 | -12.47 |
| 2014-09-30 | 171000000.0000 | -- | 2138300.0000 | -- | 3510700.0000 | -- | 2800900.0000 | -- |
| 2014-06-30 | 108000000.0000 | -- | 2574000.0000 | -- | 2931800.0000 | -- | 1648200.0000 | -- |
| 2014-12-31 | 225000000.0000 | 36.36 | 1566900.0000 | 70.11 | 3418500.0000 | 90.01 | 2840300.0000 | 66.71 |
| 2012-12-31 | 126000000.0000 | -- | -1488300.0000 | -∞ | 663000.0000 | -- | 408500.0000 | -- |
| 2013-12-31 | 165000000.0000 | 30.95 | 921100.0000 | -161.89 | 1799100.0000 | 171.36 | 1703700.0000 | 317.06 |
| 2025-06-30 | 294000000.0000 | 23.53 | 44916100.0000 | -16.02 | 44509800.0000 | -16.72 | 41596400.0000 | -5.68 |
| 2024-09-30 | 391000000.0000 | -- | 82906100.0000 | -- | 82870700.0000 | -- | 70043900.0000 | -- |
| 2025-09-30 | 486000000.0000 | 24.30 | 75167700.0000 | -9.33 | 74750700.0000 | -9.80 | 73902700.0000 | 5.51 |
| 2026-03-31 | 152000000.0000 | 0.66 | 22783700.0000 | -24.77 | 22781300.0000 | -24.81 | 25566600.0000 | -9.44 |
| 2025-03-31 | 151000000.0000 | -- | 30287300.0000 | -- | 30296600.0000 | -- | 28231800.0000 | -- |
| 2025-12-31 | 659000000.0000 | 20.26 | 90121000.0000 | -18.81 | 89646500.0000 | -16.22 | 97785300.0000 | 0.90 |
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 | 16.97 | 19.53 | 4.05 | 6.7800 | 1.8100 | 5.39 | 0.21 |
| 2022-12 | 32.30 | 38.82 | 7.65 | 14.7200 | 2.1800 | 8.22 | 0.20 |
| 2024-06 | 18.49 | 22.46 | 2.14 | 3.1400 | 0.8000 | 5.00 | 0.10 |
| 2023-12 | 23.10 | 28.26 | 4.97 | 6.7800 | 1.6600 | 5.32 | 0.18 |
| 2021-12 | -0.71 | 21.50 | 3.72 | 7.6700 | 1.2500 | 4.78 | 0.17 |
| 2020-06 | -19.28 | -17.88 | -2.42 | -2.9800 | 2.6200 | 3.31 | 0.14 |
| 2019-06 | 4.39 | 4.59 | 1.74 | 6.4600 | 9.4800 | 2.48 | 0.38 |
| 2018-12 | 3.65 | 4.73 | 3.70 | 12.8700 | 16.2700 | -- | 0.78 |
| 2019-12 | -3.28 | -1.75 | -1.46 | 3.5500 | 36.5100 | 5.80 | 0.84 |
| 2018-06 | 3.81 | 4.54 | 2.61 | 6.0600 | 6.5600 | -- | 0.57 |
| 2017-12 | 1.06 | 1.43 | 1.43 | 3.7900 | 13.0200 | 2.02 | 1.01 |
| 2016-06 | -6.58 | -5.28 | -2.69 | -4.7300 | 3.5500 | 1.79 | 0.51 |
| 2016-12 | 0.00 | 0.63 | 0.69 | 1.6500 | 9.8000 | 2.03 | 1.10 |
| 2017-06 | 2.64 | 2.68 | 1.50 | 3.2100 | 5.9100 | 2.02 | 0.56 |
| 2015-06 | -1.51 | -1.16 | -0.77 | -2.2800 | 3.1600 | 2.64 | 0.67 |
| 2015-12 | 0.00 | 1.40 | 1.92 | 4.5100 | 8.0000 | 2.66 | 1.37 |
| 2014-09 | 1.17 | 2.05 | 2.31 | 11.5000 | 8.2500 | 3.84 | 1.13 |
| 2014-06 | 1.85 | 2.71 | -- | 7.1500 | -- | -- | -- |
| 2014-12 | 0.44 | 1.52 | 2.33 | 8.0600 | 9.7700 | 3.95 | 1.53 |
| 2012-12 | -1.59 | 0.53 | 0.60 | 2.2800 | 6.1600 | 3.47 | 1.15 |
| 2013-12 | 0.61 | 1.09 | 1.64 | 7.2500 | 8.9600 | 4.25 | 1.50 |
| 2025-06 | 6.80 | 15.14 | 1.51 | 2.7300 | 0.9700 | 5.53 | 0.10 |
| 2024-09 | 17.90 | 21.19 | -- | 4.9300 | -- | -- | -- |
| 2025-09 | 8.44 | 15.38 | 2.50 | 4.7900 | 1.4600 | 5.06 | 0.16 |
| 2026-03 | 9.87 | 14.99 | -- | -- | -- | -- | -- |
| 2025-03 | 10.60 | 20.06 | -- | -- | -- | -- | -- |
| 2025-12 | 6.37 | 13.60 | -- | -- | -- | -- | -- |
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 | 43.25 | 56.75 | 1.1500 | 0.6600 |
| 2022-12 | 22.17 | 77.83 | 3.0700 | 2.6300 |
| 2024-06 | 42.34 | 57.66 | 1.2200 | 0.8100 |
| 2023-12 | 33.91 | 66.09 | 1.2400 | 0.8500 |
| 2021-12 | 37.79 | 62.33 | 1.9800 | 1.3500 |
| 2020-06 | 37.27 | 62.73 | 2.4400 | 1.8800 |
| 2019-06 | 50.17 | 49.83 | 1.3400 | 1.2400 |
| 2018-12 | 71.43 | 28.59 | 0.9900 | 0.9200 |
| 2019-12 | 49.83 | 50.52 | 0.9100 | 0.7200 |
| 2018-06 | 61.75 | 38.46 | 1.3200 | 1.0200 |
| 2017-12 | 64.71 | 35.41 | 1.2600 | 0.9900 |
| 2016-06 | 52.00 | 48.11 | 1.3700 | 1.1100 |
| 2016-12 | 58.08 | 41.86 | 1.3000 | 1.1400 |
| 2017-06 | 57.22 | 42.59 | 1.3400 | 1.1300 |
| 2015-06 | 64.59 | 35.68 | 1.1500 | 0.8200 |
| 2015-12 | 56.91 | 43.20 | 1.3100 | 1.0900 |
| 2014-09 | 66.45 | 33.30 | 1.1500 | 0.8800 |
| 2014-06 | -- | -- | -- | -- |
| 2014-12 | 65.67 | 34.39 | 1.1600 | 0.8600 |
| 2012-12 | 78.03 | 22.27 | 0.8500 | 0.5300 |
| 2013-12 | 77.37 | 22.78 | 0.8300 | 0.6000 |
| 2025-06 | 47.17 | 52.83 | 1.5600 | 0.7800 |
| 2024-09 | -- | -- | -- | -- |
| 2025-09 | 47.05 | 52.95 | 1.4800 | 0.7600 |
| 2026-03 | -- | -- | -- | -- |
| 2025-03 | -- | -- | -- | -- |
| 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) |
| 2024-12 | 455000000.0000 | 34068000.0000 | 81335800.0000 | -7733300.0000 |
| 2022-12 | 218000000.0000 | 29812600.0000 | 50715900.0000 | 1404700.0000 |
| 2024-06 | 194000000.0000 | 16781200.0000 | 36690900.0000 | -3504400.0000 |
| 2023-12 | 283000000.0000 | 34129600.0000 | 65765100.0000 | -10141100.0000 |
| 2021-12 | 142000000.0000 | 21740000.0000 | 40916200.0000 | 3810900.0000 |
| 2020-06 | 79311100.0000 | 10737100.0000 | 11308400.0000 | 1387500.0000 |
| 2019-06 | 109000000.0000 | 9654200.0000 | 8544100.0000 | 2424400.0000 |
| 2018-12 | 211000000.0000 | 17709600.0000 | 11795700.0000 | 4271900.0000 |
| 2019-12 | 252000000.0000 | 22369800.0000 | 21607700.0000 | 5511200.0000 |
| 2018-06 | 101000000.0000 | 7628500.0000 | 4464800.0000 | 1545500.0000 |
| 2017-12 | 186000000.0000 | 11645200.0000 | 9203700.0000 | 3178200.0000 |
| 2016-06 | 68438400.0000 | 5389700.0000 | 8202400.0000 | 987100.0000 |
| 2016-12 | 170000000.0000 | 10816300.0000 | 18334300.0000 | 2713700.0000 |
| 2017-06 | 85758100.0000 | 5673400.0000 | 3737400.0000 | 1123400.0000 |
| 2015-06 | 94423100.0000 | 4953000.0000 | 10205300.0000 | 1796500.0000 |
| 2015-12 | 201000000.0000 | 11441200.0000 | 23271300.0000 | 2444300.0000 |
| 2014-09 | 169000000.0000 | 4906100.0000 | 15254800.0000 | 2262400.0000 |
| 2014-06 | 106000000.0000 | 3415100.0000 | 10355100.0000 | 1579800.0000 |
| 2014-12 | 224000000.0000 | 7917800.0000 | 21788100.0000 | 3342900.0000 |
| 2012-12 | 128000000.0000 | 3843500.0000 | 14270200.0000 | 2586200.0000 |
| 2013-12 | 164000000.0000 | 4776900.0000 | 18203800.0000 | 2521800.0000 |
| 2025-06 | 274000000.0000 | 15296500.0000 | 42414200.0000 | 3177700.0000 |
| 2024-09 | 321000000.0000 | 24559700.0000 | 58518100.0000 | -8216400.0000 |
| 2025-09 | 445000000.0000 | 22638200.0000 | 69541300.0000 | -4143300.0000 |
| 2026-03 | 137000000.0000 | 7897400.0000 | 26943000.0000 | 1668100.0000 |
| 2025-03 | 135000000.0000 | 7261200.0000 | 20329100.0000 | -1028100.0000 |
| 2025-12 | 617000000.0000 | 32990800.0000 | 105000000.0000 | 7552800.0000 |