中商官网
研究报告
特步国际（HK1368）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业额同比 （%) |
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 （%) |
| 202406 | 7203158000.0000 | 10.44 | 3314303000.0000 | 18.49 | 1046200000.0000 | 14.03 | 752065000.0000 | 13.02 |
| 202312 | 14345508000.0000 | 10.94 | 6049675000.0000 | 14.32 | 1449194000.0000 | 6.48 | 1030009000.0000 | 11.75 |
| 202306 | 6522437000.0000 | 14.76 | 2797143000.0000 | 17.19 | 917450000.0000 | 3.98 | 665417000.0000 | 12.70 |
| 202212 | 12930385000.0000 | 29.13 | 5291709000.0000 | 26.66 | 1360987000.0000 | 5.76 | 921694000.0000 | 1.47 |
| 202206 | 5683580000.0000 | 37.45 | 2386824000.0000 | 38.02 | 882336000.0000 | 36.66 | 590432000.0000 | 38.42 |
| 202112 | 10013239000.0000 | 22.53 | 4177918000.0000 | 30.62 | 1286820000.0000 | 68.95 | 908339000.0000 | 77.05 |
| 202106 | 4134888000.0000 | 12.39 | 1729385000.0000 | 16.13 | 645632000.0000 | 54.47 | 426539000.0000 | 72.05 |
| 202012 | 8171923000.0000 | -0.13 | 3198425000.0000 | -9.91 | 761642000.0000 | -32.07 | 513030000.0000 | -29.50 |
| 202006 | 3679061000.0000 | 9.60 | 1489143000.0000 | -0.54 | 417973000.0000 | -38.62 | 247921000.0000 | -46.45 |
| 201912 | 8182721000.0000 | 28.19 | 3550425000.0000 | 25.53 | 1121148000.0000 | 14.85 | 727652000.0000 | 10.84 |
| 201906 | 3356913000.0000 | 23.01 | 1497287000.0000 | 25.49 | 680940000.0000 | 23.67 | 463012000.0000 | 23.42 |
| 201812 | 6383165000.0000 | 24.83 | 2828338000.0000 | 26.01 | 976168000.0000 | 45.54 | 656518000.0000 | 60.86 |
| 201806 | 2728952000.0000 | 18.10 | 1193127000.0000 | 17.48 | 550600000.0000 | 17.91 | 375164000.0000 | 20.90 |
| 201712 | 5113434000.0000 | -5.25 | 2244487000.0000 | -3.72 | 670712000.0000 | -22.51 | 408139000.0000 | -22.68 |
| 201706 | 2310791000.0000 | -8.83 | 1015583000.0000 | -7.55 | 466977000.0000 | -19.00 | 310308000.0000 | -18.35 |
| 201612 | 5396615000.0000 | 1.92 | 2331306000.0000 | 4.23 | 865583000.0000 | -3.09 | 527850000.0000 | -15.22 |
| 201606 | 2534584000.0000 | 6.02 | 1098512000.0000 | 9.92 | 576507000.0000 | 17.88 | 380066000.0000 | 10.64 |
| 201512 | 5295117000.0000 | 10.83 | 2236683000.0000 | 14.88 | 893178000.0000 | 15.95 | 622602000.0000 | 30.25 |
| 201506 | 2390619000.0000 | 11.97 | 999360000.0000 | 15.92 | 489048000.0000 | 18.43 | 343526000.0000 | 20.86 |
| 201412 | 4777648000.0000 | 10.01 | 1946918000.0000 | 11.41 | 770334000.0000 | -10.73 | 478005000.0000 | -21.12 |
| 201406 | 2134975000.0000 | 1.76 | 862124000.0000 | 2.26 | 412953000.0000 | -13.33 | 284224000.0000 | -16.62 |
| 201312 | 4343105000.0000 | -21.75 | 1747603000.0000 | -22.59 | 862955000.0000 | -21.96 | 605966000.0000 | -25.19 |
| 201306 | 2097960000.0000 | -19.54 | 843082000.0000 | -21.03 | 476456000.0000 | -21.27 | 340874000.0000 | -27.13 |
| 201212 | 5550265000.0000 | 0.19 | 2257680000.0000 | 0.00 | 1105835000.0000 | -8.71 | 810015000.0000 | -16.18 |
| 201206 | 2607318000.0000 | 1.44 | 1067634000.0000 | 1.53 | 605140000.0000 | 6.26 | 467783000.0000 | 0.34 |
| 201112 | 5539638000.0000 | 24.29 | 2257642000.0000 | 24.61 | 1211359000.0000 | 23.83 | 966409000.0000 | 18.77 |
| 201106 | 2570274000.0000 | 25.98 | 1051516000.0000 | 26.57 | 569487000.0000 | 25.26 | 466212000.0000 | 24.84 |
| 201012 | 4457198000.0000 | 25.72 | 1811735000.0000 | 30.55 | 978224000.0000 | 39.30 | 813684000.0000 | 25.66 |
| 201006 | 2040156000.0000 | 21.62 | 830783000.0000 | 28.25 | 454629000.0000 | 37.30 | 373457000.0000 | 21.83 |
| 200912 | 3545336000.0000 | 23.65 | 1387787000.0000 | 30.39 | 702222000.0000 | 21.61 | 647521000.0000 | 27.42 |
| 200906 | 1677436000.0000 | 19.12 | 647776000.0000 | 25.10 | 331130000.0000 | 11.50 | 306534000.0000 | 20.37 |
| 200812 | 2867181000.0000 | 110.06 | 1064302000.0000 | 140.17 | 577419000.0000 | 126.27 | 508172000.0000 | 129.03 |
| 200806 | 1408197000.0000 | 174.31 | 517797000.0000 | 213.73 | 296974000.0000 | 224.99 | 254664000.0000 | 214.10 |
| 200712 | 1364947000.0000 | 182.27 | 443143000.0000 | 225.63 | 255189000.0000 | 409.64 | 221878000.0000 | 343.14 |
| 200706 | 513362000.0000 | -- | 165047000.0000 | -- | 91380000.0000 | -- | 81077000.0000 | -- |
| 200612 | 483562000.0000 | 62.57 | 136088000.0000 | 127.90 | 50072000.0000 | 450.97 | 50069000.0000 | 509.78 |
| 200512 | 297445000.0000 | -- | 59714000.0000 | -- | 9088000.0000 | -- | 8211000.0000 | -- |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
主营利润率 （%) |
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) |
| 202406 | 46.01 | -- | 5.97 | 7.97 | 1.77 | -- | 0.41 |
| 202312 | 42.17 | -- | 8.36 | 11.62 | 4.62 | -- | 0.83 |
| 202306 | 42.88 | -- | 5.52 | 7.62 | 1.55 | -- | 0.39 |
| 202212 | 40.92 | -- | 8.25 | 11.18 | 3.34 | -- | 0.78 |
| 202206 | 42.00 | -- | 5.58 | 7.13 | 1.43 | -- | 0.36 |
| 202112 | 41.72 | -- | 8.80 | 11.46 | 3.90 | -- | 0.69 |
| 202106 | 41.82 | -- | 5.12 | 5.63 | 2.19 | -- | 0.33 |
| 202012 | 39.14 | -- | 6.06 | 7.1 | 5.10 | -- | 0.65 |
| 202006 | 40.48 | -- | 3.23 | 3.54 | 1.81 | -- | 0.28 |
| 201912 | 43.39 | -- | 9.10 | 10.56 | 4.43 | -- | 0.66 |
| 201906 | 44.60 | -- | 6.38 | 6.78 | 2.31 | -- | 0.31 |
| 201812 | 44.31 | -- | 10.61 | 12.33 | 4.25 | -- | 0.69 |
| 201806 | 43.72 | -- | 5.83 | 6.94 | 1.49 | -- | 0.29 |
| 201712 | 43.89 | -- | 7.51 | 7.82 | 4.00 | -- | 0.57 |
| 201706 | 43.95 | -- | 5.53 | 5.98 | 2.68 | -- | 0.27 |
| 201612 | 43.20 | -- | 10.59 | 10.66 | 6.67 | -- | 0.66 |
| 201606 | 43.34 | -- | 7.00 | 7.53 | 3.10 | -- | 0.31 |
| 201512 | 42.24 | -- | 11.01 | 12.83 | 7.68 | -- | 0.65 |
| 201506 | 41.80 | -- | 5.97 | 7.18 | 2.67 | -- | 0.29 |
| 201412 | 40.75 | -- | 9.80 | 10.17 | 4.98 | -- | 0.61 |
| 201406 | 40.38 | -- | 5.32 | 6.14 | 1.64 | -- | 0.27 |
| 201312 | 40.24 | -- | 11.81 | 13.45 | 4.84 | -- | 0.59 |
| 201306 | 40.19 | -- | 6.85 | 7.76 | 2.11 | -- | 0.30 |
| 201212 | 40.68 | -- | 17.01 | 18.95 | 5.65 | -- | 0.85 |
| 201206 | 40.95 | -- | 10.20 | 11.33 | 2.20 | -- | 0.44 |
| 201112 | 40.75 | -- | 22.04 | 24.73 | 4.89 | -- | 1.01 |
| 201106 | 40.91 | -- | 12.05 | 12.89 | 1.71 | -- | 0.54 |
| 201012 | 40.65 | -- | 22.83 | 24.27 | 5.72 | -- | 1.04 |
| 201006 | 40.72 | -- | 11.59 | 12.15 | 3.51 | -- | 0.52 |
| 200912 | 39.14 | -- | 19.29 | 21.7 | 8.12 | -- | 0.97 |
| 200906 | 38.62 | -- | 10.12 | 11.18 | 3.91 | -- | 0.51 |
| 200812 | 37.12 | -- | 17.61 | 19.27 | 6.25 | -- | 0.87 |
| 200806 | 36.77 | -- | 8.91 | 9.8 | 2.39 | -- | 0.42 |
| 200712 | 32.47 | -- | 28.24 | 79.3 | 4.76 | -- | 1.51 |
| 200706 | 32.15 | -- | -- | -- | -- | -- | -- |
| 200612 | 28.14 | -- | 9.58 | 26.72 | 2.30 | -- | 0.93 |
| 200512 | 20.08 | -- | 2.88 | 6.21 | 2.32 | -- | 0.94 |
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 |
| 202406 | 46.15 | 53.85 | -- | -- |
| 202312 | 48.50 | 51.50 | -- | -- |
| 202306 | 47.08 | 52.92 | -- | -- |
| 202212 | 49.64 | 50.36 | -- | -- |
| 202206 | 47.28 | 52.72 | -- | -- |
| 202112 | 45.38 | 54.62 | -- | -- |
| 202106 | 39.41 | 60.59 | -- | -- |
| 202012 | 41.94 | 58.06 | -- | -- |
| 202006 | 45.23 | 54.77 | -- | -- |
| 201912 | 43.52 | 56.48 | -- | -- |
| 201906 | 35.39 | 64.61 | -- | -- |
| 201812 | 42.05 | 57.95 | -- | -- |
| 201806 | 41.56 | 58.44 | -- | -- |
| 201712 | 40.35 | 59.65 | -- | -- |
| 201706 | 37.40 | 62.60 | -- | -- |
| 201612 | 38.55 | 61.45 | -- | -- |
| 201606 | 38.10 | 61.90 | -- | -- |
| 201512 | 39.96 | 60.04 | -- | -- |
| 201506 | 41.51 | 58.49 | -- | -- |
| 201412 | 40.11 | 59.89 | -- | -- |
| 201406 | 40.41 | 59.59 | -- | -- |
| 201312 | 38.31 | 61.69 | -- | -- |
| 201306 | 36.72 | 63.28 | -- | -- |
| 201212 | 34.15 | 65.85 | -- | -- |
| 201206 | 30.25 | 69.75 | -- | -- |
| 201112 | 28.82 | 71.18 | -- | -- |
| 201106 | 23.35 | 76.65 | -- | -- |
| 201012 | 21.75 | 78.25 | -- | -- |
| 201006 | 21.64 | 78.36 | -- | -- |
| 200912 | 18.03 | 81.97 | -- | -- |
| 200906 | 16.17 | 83.83 | -- | -- |
| 200812 | 19.54 | 80.46 | -- | -- |
| 200806 | 22.02 | 77.98 | -- | -- |
| 200712 | 69.03 | 30.97 | -- | -- |
| 200706 | -- | -- | -- | -- |
| 200612 | 64.13 | 35.87 | -- | -- |
| 200512 | 58.18 | 41.82 | -- | -- |
成本费用分析
| 类别\年份 | 销售成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 202406 | 3888855000.0000 | -- | 802390000.0000 | 64067000.0000 |
| 202312 | 8295833000.0000 | -- | 1539547000.0000 | 145450000.0000 |
| 202306 | 3725294000.0000 | -- | 636308000.0000 | 74356000.0000 |
| 202212 | 7638676000.0000 | -- | 1453905000.0000 | 91192000.0000 |
| 202206 | 3296756000.0000 | -- | 656160000.0000 | 28228000.0000 |
| 202112 | 5835321000.0000 | -- | 1189119000.0000 | 63184000.0000 |
| 202106 | 2405503000.0000 | -- | 482590000.0000 | 30317000.0000 |
| 202012 | 4973498000.0000 | -- | 1050281000.0000 | 139540000.0000 |
| 202006 | 2189918000.0000 | -- | 512911000.0000 | 77434000.0000 |
| 201912 | 4632296000.0000 | -- | -- | 110871000.0000 |
| 201906 | 1859626000.0000 | -- | 281035000.0000 | 35273000.0000 |
| 201812 | 3554827000.0000 | -- | 622360000.0000 | 68136000.0000 |
| 201806 | 1535825000.0000 | -- | 263730000.0000 | 41443000.0000 |
| 201712 | 2868947000.0000 | -- | 766844000.0000 | 53800000.0000 |
| 201706 | 1295208000.0000 | -- | 246920000.0000 | 12149000.0000 |
| 201612 | 3065309000.0000 | -- | 662130000.0000 | 51441000.0000 |
| 201606 | 1436072000.0000 | -- | 242480000.0000 | 6843000.0000 |
| 201512 | 3058434000.0000 | -- | 478070000.0000 | 27838000.0000 |
| 201506 | 1391259000.0000 | -- | 176119000.0000 | 11537000.0000 |
| 201412 | 2830730000.0000 | -- | 488391000.0000 | 38352000.0000 |
| 201406 | 1272851000.0000 | -- | 185176000.0000 | 12843000.0000 |
| 201312 | 2595502000.0000 | -- | 415607000.0000 | 32440000.0000 |
| 201306 | 1254878000.0000 | -- | 192453000.0000 | -911000.0000 |
| 201212 | 3292585000.0000 | -- | 455109000.0000 | 25433000.0000 |
| 201206 | 1539684000.0000 | -- | 150250000.0000 | -11297000.0000 |
| 201112 | 3281996000.0000 | -- | 320878000.0000 | 7938000.0000 |
| 201106 | 1518758000.0000 | -- | 132440000.0000 | -5230000.0000 |
| 201012 | 2645463000.0000 | -- | 229121000.0000 | -228000.0000 |
| 201006 | 1209373000.0000 | -- | 84932000.0000 | -2700000.0000 |
| 200912 | 2157549000.0000 | -- | 174147000.0000 | -860000.0000 |
| 200906 | 1029660000.0000 | -- | 80766000.0000 | 164000.0000 |
| 200812 | 1802879000.0000 | -- | 128249000.0000 | 13232000.0000 |
| 200806 | 890400000.0000 | -- | 61411000.0000 | 3840000.0000 |
| 200712 | 921804000.0000 | -- | 58707000.0000 | 11947000.0000 |
| 200706 | 348315000.0000 | -- | 23190000.0000 | 5100000.0000 |
| 200612 | 347474000.0000 | -- | 17651000.0000 | 6948000.0000 |
| 200512 | 237731000.0000 | -- | 13170000.0000 | 5270000.0000 |