中商官网
研究报告
菊乐股份（874569）
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 | 1641000000.0000 | 5.06 | 283000000.0000 | 24.12 | 274000000.0000 | 23.42 | 233000000.0000 | 23.28 |
| 2024-09-30 | 1248000000.0000 | 2.13 | 236000000.0000 | 6.31 | 228000000.0000 | 4.11 | 195000000.0000 | 3.72 |
| 2023-12-31 | 1562000000.0000 | 6.11 | 228000000.0000 | 2.70 | 222000000.0000 | 0.91 | 189000000.0000 | 3.85 |
| 2023-09-30 | 1222000000.0000 | -- | 222000000.0000 | -- | 219000000.0000 | -- | 188000000.0000 | -- |
| 2022-12-31 | 1472000000.0000 | 3.59 | 222000000.0000 | 15.03 | 220000000.0000 | 13.40 | 182000000.0000 | 8.33 |
| 2023-06-30 | 774000000.0000 | 9.01 | 136000000.0000 | 54.27 | 133000000.0000 | 52.30 | 116000000.0000 | 59.16 |
| 2022-06-30 | 710000000.0000 | -- | 88154900.0000 | -- | 87327100.0000 | -- | 72884600.0000 | -- |
| 2021-12-31 | 1421000000.0000 | 42.96 | 193000000.0000 | 23.72 | 194000000.0000 | 24.36 | 168000000.0000 | 27.27 |
| 2020-12-31 | 994000000.0000 | 19.90 | 156000000.0000 | 14.71 | 156000000.0000 | 14.71 | 132000000.0000 | 18.92 |
| 2019-12-31 | 829000000.0000 | 5.61 | 136000000.0000 | 64.48 | 136000000.0000 | 55.96 | 111000000.0000 | 60.45 |
| 2019-03-31 | 204000000.0000 | -- | 32366500.0000 | -- | 32066000.0000 | -- | 26191800.0000 | -- |
| 2017-06-30 | 332000000.0000 | -- | 38334000.0000 | -- | 40232500.0000 | -- | 38827800.0000 | -- |
| 2017-12-31 | 696000000.0000 | 1.02 | 24679900.0000 | -40.17 | 27006300.0000 | -39.98 | 19952000.0000 | -38.35 |
| 2018-12-31 | 785000000.0000 | 12.79 | 82683400.0000 | 235.02 | 87201200.0000 | 222.89 | 69179800.0000 | 246.73 |
| 2015-12-31 | 645000000.0000 | 1.74 | 57203900.0000 | 214.23 | 58615400.0000 | 203.37 | 47585100.0000 | 197.64 |
| 2014-12-31 | 634000000.0000 | -- | 18204700.0000 | -- | 19321600.0000 | -- | 15987200.0000 | -- |
| 2016-12-31 | 689000000.0000 | 6.82 | 41247900.0000 | -27.89 | 44998800.0000 | -23.23 | 32361600.0000 | -31.99 |
| 2025-03-31 | 386000000.0000 | 7.82 | 79992400.0000 | 29.15 | 77389500.0000 | 29.73 | 65578700.0000 | 30.12 |
| 2024-03-31 | 358000000.0000 | -- | 61938800.0000 | -- | 59653800.0000 | -- | 50397800.0000 | -- |
| 2025-06-30 | 823000000.0000 | 6.06 | 174000000.0000 | 22.54 | 170000000.0000 | 22.30 | 144000000.0000 | 21.01 |
| 2024-06-30 | 776000000.0000 | 0.26 | 142000000.0000 | 4.41 | 139000000.0000 | 4.51 | 119000000.0000 | 2.59 |
| 2025-09-30 | 1301000000.0000 | 4.25 | 284000000.0000 | 20.34 | 278000000.0000 | 21.93 | 236000000.0000 | 21.03 |
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 | 16.88 | 16.70 | 15.88 | 22.3200 | 8.4000 | 61.64 | 0.95 |
| 2024-09 | 18.35 | 18.27 | 13.28 | 18.8100 | 6.2600 | 52.10 | 0.73 |
| 2023-12 | 14.08 | 14.21 | 15.02 | 23.3000 | 8.6000 | 59.60 | 1.06 |
| 2023-09 | 17.68 | 17.92 | -- | 21.6700 | -- | -- | -- |
| 2022-12 | 13.99 | 14.95 | 16.53 | 24.7400 | 9.8700 | 48.91 | 1.11 |
| 2023-06 | 16.93 | 17.18 | 9.79 | 13.7500 | 4.8100 | 54.14 | 0.57 |
| 2022-06 | 11.55 | 12.30 | 7.18 | 10.3500 | 5.7500 | 44.39 | 0.58 |
| 2021-12 | 12.46 | 13.65 | 17.64 | 28.6600 | 13.3900 | 41.00 | 1.29 |
| 2020-12 | 13.88 | 15.69 | 18.46 | 30.4000 | 12.2500 | 31.72 | 1.18 |
| 2019-12 | 14.96 | 16.41 | 22.97 | 33.5500 | 10.7900 | 37.04 | 1.40 |
| 2019-03 | 14.71 | 15.72 | 6.10 | 8.8200 | 3.1000 | 30.74 | 0.39 |
| 2017-06 | 13.25 | 12.12 | 9.96 | 22.6700 | 4.8600 | 28.99 | 0.82 |
| 2017-12 | 3.02 | 3.88 | 6.40 | 13.4700 | 10.5000 | 32.11 | 1.65 |
| 2018-12 | 9.68 | 11.11 | 16.93 | 27.3400 | 11.8300 | 39.22 | 1.52 |
| 2015-12 | 8.53 | 9.09 | 12.88 | 19.7300 | 8.8200 | 27.33 | 1.42 |
| 2014-12 | 2.52 | 3.05 | 4.83 | 7.6800 | 8.2400 | 33.12 | 1.59 |
| 2016-12 | 5.52 | 6.53 | 13.01 | 13.1500 | 10.4600 | 27.13 | 1.99 |
| 2025-03 | 19.43 | 20.05 | 4.49 | 5.6300 | 2.1000 | 54.55 | 0.22 |
| 2024-03 | 16.20 | 16.66 | -- | -- | -- | -- | -- |
| 2025-06 | 20.05 | 20.66 | 9.31 | 11.9700 | 4.1200 | 51.14 | 0.45 |
| 2024-06 | 17.65 | 17.91 | -- | 11.9300 | -- | -- | -- |
| 2025-09 | 20.91 | 21.37 | 14.22 | 19.0500 | 5.7600 | 58.92 | 0.67 |
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 | 31.59 | 68.41 | 2.3800 | 1.9600 |
| 2024-09 | 31.62 | 68.43 | 2.2900 | 1.9200 |
| 2023-12 | 34.10 | 65.90 | 2.0900 | 1.7200 |
| 2023-09 | -- | -- | -- | -- |
| 2022-12 | 38.62 | 61.38 | 1.6300 | 1.2800 |
| 2023-06 | 33.65 | 66.35 | 2.0000 | 1.6600 |
| 2022-06 | 38.87 | 61.13 | 1.6100 | 1.3500 |
| 2021-12 | 36.45 | 63.55 | 1.5700 | 1.2700 |
| 2020-12 | 42.49 | 57.51 | 1.5200 | 1.2700 |
| 2019-12 | 36.32 | 63.68 | 1.6300 | 1.2800 |
| 2019-03 | 41.06 | 58.94 | 1.6300 | 1.0800 |
| 2017-06 | 51.49 | 48.51 | 1.3300 | 1.0500 |
| 2017-12 | 46.68 | 53.32 | 1.3900 | 1.0900 |
| 2018-12 | 45.05 | 55.15 | 1.5400 | 1.0800 |
| 2015-12 | 43.30 | 56.70 | 1.5000 | 0.8100 |
| 2014-12 | 45.50 | 54.50 | 1.2300 | 0.6600 |
| 2016-12 | 57.51 | 42.20 | 1.1300 | 0.8700 |
| 2025-03 | 27.77 | 72.23 | 2.8400 | 2.4300 |
| 2024-03 | -- | -- | -- | -- |
| 2025-06 | 29.24 | 70.70 | 2.6300 | 2.2500 |
| 2024-06 | -- | -- | -- | -- |
| 2025-09 | 29.31 | 70.64 | 2.6900 | 2.2600 |
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 | 1364000000.0000 | 185000000.0000 | 69998500.0000 | 3869000.0000 |
| 2024-09 | 1019000000.0000 | 135000000.0000 | 50504200.0000 | -5435500.0000 |
| 2023-12 | 1342000000.0000 | 154000000.0000 | 72007300.0000 | 4519900.0000 |
| 2023-09 | 1006000000.0000 | 111000000.0000 | 45629900.0000 | -3126600.0000 |
| 2022-12 | 1266000000.0000 | 142000000.0000 | 64563300.0000 | 5503100.0000 |
| 2023-06 | 643000000.0000 | 73086000.0000 | 30372700.0000 | 2664900.0000 |
| 2022-06 | 628000000.0000 | 72800300.0000 | 31757000.0000 | 2080300.0000 |
| 2021-12 | 1244000000.0000 | 153000000.0000 | 61350700.0000 | 4511600.0000 |
| 2020-12 | 856000000.0000 | 105000000.0000 | 53345700.0000 | 2913000.0000 |
| 2019-12 | 705000000.0000 | 134000000.0000 | 35309100.0000 | 1984900.0000 |
| 2019-03 | 174000000.0000 | 37141600.0000 | 8232700.0000 | 621000.0000 |
| 2017-06 | 288000000.0000 | 50990100.0000 | 17275700.0000 | 1048200.0000 |
| 2017-12 | 675000000.0000 | 116000000.0000 | 94171600.0000 | 2559300.0000 |
| 2018-12 | 709000000.0000 | 141000000.0000 | 40993100.0000 | 987700.0000 |
| 2015-12 | 590000000.0000 | 108000000.0000 | 28368700.0000 | 886600.0000 |
| 2014-12 | 618000000.0000 | 106000000.0000 | 25183800.0000 | 1036500.0000 |
| 2016-12 | 651000000.0000 | 119000000.0000 | 36288000.0000 | 770100.0000 |
| 2025-03 | 311000000.0000 | 45368700.0000 | 17436300.0000 | -1429900.0000 |
| 2024-03 | 300000000.0000 | 38293800.0000 | 14085800.0000 | -1784400.0000 |
| 2025-06 | 658000000.0000 | 94098100.0000 | 36392700.0000 | 2313800.0000 |
| 2024-06 | 639000000.0000 | 88427000.0000 | 32821900.0000 | 2067100.0000 |
| 2025-09 | 1029000000.0000 | 146000000.0000 | 55215300.0000 | -4262100.0000 |