中商官网
研究报告
铭慧股份（833822）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 2013 | 77980900.0000 | 24996000.0000 | 24984800.0000 | 21246800.0000 | 125000000.0000 | 55931100.0000 | 68892700.0000 |
| 2014 | 86615400.0000 | 26285900.0000 | 25302900.0000 | 21368400.0000 | 145000000.0000 | 63188500.0000 | 82140900.0000 |
| 2015 | 72427800.0000 | 19156600.0000 | 20044800.0000 | 16864200.0000 | 194000000.0000 | 33655800.0000 | 160000000.0000 |
| 2016 | 52544400.0000 | 11480500.0000 | 14638600.0000 | 12329600.0000 | 208000000.0000 | 33797200.0000 | 174000000.0000 |
| 2017 | 55883700.0000 | 11122400.0000 | 13033300.0000 | 11084500.0000 | 225000000.0000 | 39507600.0000 | 185000000.0000 |
| 2018 | 51717800.0000 | 841300.0000 | 894100.0000 | 802000.0000 | 223000000.0000 | 36301800.0000 | 187000000.0000 |
| 2019 | 74862300.0000 | 11553000.0000 | 11733600.0000 | 10235000.0000 | 242000000.0000 | 44093900.0000 | 198000000.0000 |
| 2020 | 88529700.0000 | 16040800.0000 | 16257800.0000 | 14134800.0000 | 260000000.0000 | 53863800.0000 | 207000000.0000 |
| 2021 | 99052300.0000 | 11631600.0000 | 12101100.0000 | 10472700.0000 | 279000000.0000 | 61716300.0000 | 218000000.0000 |
| 2022 | 103000000.0000 | 17462300.0000 | 17421500.0000 | 15497100.0000 | 298000000.0000 | 62868200.0000 | 235000000.0000 |
| 2023 | 131000000.0000 | 29370100.0000 | 29475300.0000 | 25174600.0000 | 340000000.0000 | 82629500.0000 | 258000000.0000 |
| 2024 | 141000000.0000 | 31769800.0000 | 31972400.0000 | 27870600.0000 | 387000000.0000 | 101000000.0000 | 286000000.0000 |
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) |
| 2013 | 30.38 | 32.04 | 19.99 | -- | 3.0600 | 7.32 | 0.62 |
| 2014 | 28.30 | 29.21 | 17.45 | -- | 3.3700 | 5.96 | 0.60 |
| 2015 | 24.81 | 27.68 | 10.33 | -- | 2.6300 | 3.96 | 0.37 |
| 2016 | 20.20 | 27.86 | 7.04 | -- | 2.6300 | 2.60 | 0.25 |
| 2017 | 16.98 | 23.32 | 5.79 | -- | 2.7300 | 1.99 | 0.25 |
| 2018 | -0.59 | 1.73 | 0.40 | 0.4300 | 2.1500 | -- | 0.23 |
| 2019 | 12.76 | 15.67 | 4.85 | 5.3100 | 2.2700 | 3.29 | 0.31 |
| 2020 | 13.86 | 18.36 | 6.25 | 6.9900 | 2.3500 | 4.17 | 0.34 |
| 2021 | 8.41 | 12.22 | 4.34 | 4.9400 | 2.4700 | 4.46 | 0.36 |
| 2022 | 15.51 | 16.91 | 5.85 | 6.8400 | 2.1400 | 4.13 | 0.35 |
| 2023 | 20.61 | 22.50 | 8.67 | 10.1500 | 2.0500 | 7.24 | 0.39 |
| 2024 | 19.15 | 22.68 | 8.26 | 10.2500 | 1.8300 | 11.94 | 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 |
| 2013 | 44.74 | 55.11 | 1.5600 | 0.3700 |
| 2014 | 43.58 | 56.65 | 1.6700 | 0.7700 |
| 2015 | 17.35 | 82.47 | 3.3800 | 1.2900 |
| 2016 | 16.25 | 83.65 | 3.4000 | 1.6700 |
| 2017 | 17.56 | 82.22 | 2.4700 | 1.8400 |
| 2018 | 16.28 | 83.86 | 2.2500 | 1.5300 |
| 2019 | 18.22 | 81.82 | 2.1900 | 1.1600 |
| 2020 | 20.72 | 79.62 | 2.3600 | 1.2500 |
| 2021 | 22.12 | 78.14 | 2.4800 | 1.1400 |
| 2022 | 21.10 | 78.86 | 2.5400 | 1.2500 |
| 2023 | 24.30 | 75.88 | 2.6900 | 2.2200 |
| 2024 | 26.10 | 73.90 | 2.7300 | 1.4700 |
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) |
| 2013 | 54288100.0000 | 5302500.0000 | 8608000.0000 | -42300.0000 |
| 2014 | 62103300.0000 | 5372600.0000 | 11522300.0000 | 36600.0000 |
| 2015 | 54457000.0000 | 10773100.0000 | 11763000.0000 | -1035900.0000 |
| 2016 | 41932400.0000 | 5934700.0000 | 11058700.0000 | -783700.0000 |
| 2017 | 46397400.0000 | 7367300.0000 | 5765500.0000 | 655700.0000 |
| 2018 | 52021800.0000 | 8660000.0000 | 6512700.0000 | 452000.0000 |
| 2019 | 65307400.0000 | 9381400.0000 | 6179200.0000 | 549200.0000 |
| 2020 | 76256700.0000 | 10071600.0000 | 5483000.0000 | 635000.0000 |
| 2021 | 90722100.0000 | 10545300.0000 | 5422000.0000 | 516000.0000 |
| 2022 | 87019900.0000 | 11332100.0000 | 6147900.0000 | -1296400.0000 |
| 2023 | 104000000.0000 | 13560200.0000 | 6969100.0000 | 97900.0000 |
| 2024 | 114000000.0000 | 14409300.0000 | 7491700.0000 | 432300.0000 |