中商官网
研究报告
中国中免（HK1880）
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 （%) |
| 2024-09 | 42051706480.5300 | -15.18 | 13280831189.9700 | -10.76 | 5447008861.6800 | -17.13 | 3919296160.7400 | -24.72 |
| 2024-12 | 56492158900.0000 | -16.36 | 17346798000.0000 | -16.81 | 6224684000.0000 | -28.85 | 4323643000.0000 | -36.32 |
| 2025-03 | 16318908537.2400 | -11.03 | 5095397625.7700 | -12.15 | 2518463751.7700 | -13.44 | 1937854243.4000 | -15.98 |
| 2024-06 | 31264998000.0000 | -12.81 | 10242678000.0000 | -4.76 | 4572924000.0000 | -8.48 | 3305551000.0000 | -15.40 |
| 2024-03 | 18342396312.0300 | -9.23 | 5800147003.6700 | 6.20 | 2909528751.6900 | -7.81 | 2306454931.3400 | 0.25 |
| 2023-06 | 35858486000.0000 | 29.68 | 10754378000.0000 | 16.67 | 4996407000.0000 | -6.33 | 3907380000.0000 | -1.63 |
| 2023-09 | 49580243239.3500 | 29.02 | 14882420893.7700 | 31.09 | 6572610360.0600 | -1.34 | 5206229345.0200 | 12.49 |
| 2023-12 | 67540105000.0000 | 24.08 | 20852815000.0000 | 40.33 | 8749240000.0000 | 13.62 | 6790027000.0000 | 32.77 |
| 2023-03 | 20207080362.0600 | 24.02 | 5461408808.0600 | 4.66 | 3156027882.4500 | -9.93 | 2300772308.4200 | -10.25 |
| 2022-09 | 38428179057.1800 | -20.21 | 11352489569.2100 | -31.82 | 6661902501.5200 | -50.36 | 4628095332.5800 | -45.48 |
| 2022-12 | 54432851000.0000 | -19.57 | 14860327000.0000 | -33.34 | 7700504000.0000 | -48.25 | 5113962000.0000 | -47.42 |
| 2022-03 | 16293982416.5600 | -10.14 | 5218269767.5800 | -27.05 | 3503815115.7000 | -21.88 | 2563490485.1000 | -10.66 |
| 2022-06 | 27650753000.0000 | -22.17 | 9217791000.0000 | -31.52 | 5334185000.0000 | -37.62 | 3972252000.0000 | -26.38 |
| 2021-09 | 48162185657.9600 | 37.06 | 16651023698.8900 | 17.64 | 13419217544.5400 | 228.84 | 8489178190.0200 | 175.65 |
| 2021-06 | 35526010000.0000 | -- | 13460747000.0000 | -- | 8551515000.0000 | -- | 5395310000.0000 | -- |
| 2021-12 | 67675515000.0000 | 28.67 | 22294226000.0000 | 8.92 | 14880845000.0000 | 56.67 | 9726557000.0000 | 63.99 |
| 2021-03 | 18133529000.0000 | 127.48 | 7152978000.0000 | 102.25 | 4484910000.0000 | -1314.99 | 2869366000.0000 | -2511.27 |
| 2020-12 | 52597807000.0000 | 8.19 | 20468474000.0000 | -16.79 | 9498354000.0000 | 50.12 | 5931348000.0000 | 31.88 |
| 2021-05 | 30466239000.0000 | 110.60 | 11655498000.0000 | 87.66 | 7653543000.0000 | 2034.00 | 4775832000.0000 | 1061.64 |
| 2020-09 | 35138481000.0000 | -- | 14154493000.0000 | -- | 4080730000.0000 | -- | 3079666000.0000 | -- |
| 2020-03 | 7971600000.0000 | -- | 3536720000.0000 | -- | -369131000.0000 | -- | -118998000.0000 | -- |
| 2020-05 | 14466536000.0000 | -- | 6211055000.0000 | -- | 358648000.0000 | -- | 411127000.0000 | -- |
| 2019-12 | 48615308000.0000 | 3.42 | 24597767000.0000 | 27.56 | 6326995000.0000 | 20.62 | 4497573000.0000 | 48.40 |
| 2018-12 | 47007321000.0000 | -- | 19284006000.0000 | -- | 5245286000.0000 | -- | 3030741000.0000 | -- |
| 2025-06 | 28150750000.0000 | -9.96 | 8989817000.0000 | -12.23 | 3695829000.0000 | -19.18 | 2621899000.0000 | -20.68 |
| 2025-09 | 38933965869.2700 | -7.41 | 12044722471.1600 | -9.31 | 4417994686.5000 | -18.89 | 3051959512.3700 | -22.13 |
| 2025-12 | 53693579000.0000 | -4.95 | 17051748000.0000 | -1.70 | 5379067000.0000 | -13.58 | 3643905000.0000 | -15.72 |
| 2026-03 | 16406515587.7400 | 0.54 | -- | -100.00 | -- | -100.00 | -- | -100.00 |
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) |
| 2024-09 | 31.58 | 12.9800 | 7.21 | 7.2300 | 1.54 | -- | 0.56 |
| 2024-12 | 30.71 | 11.0300 | 8.11 | 7.8700 | 2.26 | -- | 0.74 |
| 2025-03 | 31.22 | 15.4300 | 3.13 | 3.4000 | 0.71 | -- | 0.20 |
| 2024-06 | 32.76 | 14.5500 | 6.04 | 6.1600 | 1.11 | -- | 0.41 |
| 2024-03 | 31.62 | 15.8600 | 3.63 | 4.1100 | 0.71 | -- | 0.23 |
| 2023-06 | 29.99 | 13.8600 | 6.35 | 7.6400 | 1.03 | -- | 0.46 |
| 2023-09 | 30.02 | 13.2500 | 8.30 | 9.9000 | 1.52 | -- | 0.63 |
| 2023-12 | 30.87 | 12.8100 | 11.12 | 12.6600 | 2.22 | -- | 0.86 |
| 2023-03 | 27.03 | 15.6100 | 3.95 | 4.5500 | 0.56 | -- | 0.25 |
| 2022-09 | 29.54 | 17.3600 | 9.57 | 9.6100 | 0.98 | -- | 0.55 |
| 2022-12 | 27.30 | 13.8500 | 10.18 | 10.5900 | 1.42 | -- | 0.72 |
| 2022-03 | 32.03 | 21.4900 | 6.35 | 8.0700 | 0.53 | -- | 0.30 |
| 2022-06 | 33.34 | 18.9800 | 10.01 | 12.8700 | 0.78 | -- | 0.52 |
| 2021-09 | 34.57 | 27.8800 | 26.63 | 29.8700 | 1.59 | -- | 0.96 |
| 2021-06 | 37.89 | 23.9800 | -- | -- | -- | -- | -- |
| 2021-12 | 32.94 | 21.7500 | 27.01 | 33.2300 | 2.30 | -- | 1.23 |
| 2021-03 | 39.45 | 24.6900 | 9.06 | 11.5700 | 0.59 | -- | 0.37 |
| 2020-12 | 38.92 | 18.0300 | 20.71 | 27.0900 | 2.18 | -- | 1.15 |
| 2021-05 | 38.26 | 25.0700 | 15.36 | 19.5000 | 1.01 | -- | 0.61 |
| 2020-09 | 40.28 | 11.5900 | -- | -- | -- | -- | -- |
| 2020-03 | 44.37 | -4.7100 | -- | -- | -- | -- | -- |
| 2020-05 | 42.93 | 2.3600 | -- | -- | -- | -- | -- |
| 2019-12 | 50.60 | 12.8900 | 17.54 | 22.6200 | 2.68 | -- | 1.35 |
| 2018-12 | 41.02 | 11.0700 | 17.08 | 18.7600 | 4.66 | -- | 1.53 |
| 2025-06 | 31.93 | 13.2000 | 4.94 | 4.7600 | 1.13 | -- | 0.38 |
| 2025-09 | 30.94 | 11.5200 | 5.85 | 5.4800 | 1.56 | -- | 0.52 |
| 2025-12 | 31.76 | 10.1900 | 7.18 | 6.5800 | 2.39 | -- | 0.72 |
| 2026-03 | -- | -- | -- | -- | 0.71 | -- | -- |
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 |
| 2024-09 | 20.67 | 79.33 | 4.88 | 3.21 |
| 2024-12 | 19.96 | 79.23 | 5.10 | 3.52 |
| 2025-03 | 21.80 | 78.20 | 4.96 | 3.65 |
| 2024-06 | 21.56 | 78.44 | 4.69 | 3.07 |
| 2024-03 | 23.21 | 76.79 | 4.19 | 2.96 |
| 2023-06 | 27.71 | 72.29 | 3.45 | 2.02 |
| 2023-09 | 26.31 | 73.69 | 3.69 | 2.28 |
| 2023-12 | 25.03 | 74.97 | 3.81 | 2.44 |
| 2023-03 | 29.53 | 70.47 | 3.21 | 1.83 |
| 2022-09 | 23.13 | 76.87 | 3.72 | 1.79 |
| 2022-12 | 28.80 | 71.20 | 3.27 | 1.67 |
| 2022-03 | 33.70 | 66.30 | 2.49 | 1.12 |
| 2022-06 | 32.65 | 67.35 | 2.43 | 0.91 |
| 2021-09 | 33.53 | 66.47 | 2.62 | 1.18 |
| 2021-06 | -- | -- | -- | -- |
| 2021-12 | 37.54 | 62.46 | 2.25 | 1.10 |
| 2021-03 | 41.06 | 58.94 | 2.03 | 0.95 |
| 2020-12 | 43.89 | 56.11 | 1.87 | 0.98 |
| 2021-05 | 41.24 | 58.76 | 2.01 | 0.94 |
| 2020-09 | -- | -- | -- | -- |
| 2020-03 | -- | -- | -- | -- |
| 2020-05 | -- | -- | -- | -- |
| 2019-12 | 36.98 | 63.02 | 2.43 | 1.49 |
| 2018-12 | 39.77 | 60.23 | 2.25 | 1.57 |
| 2025-06 | 18.64 | 81.36 | 5.69 | 3.96 |
| 2025-09 | 18.34 | 81.66 | 5.82 | 4.03 |
| 2025-12 | 18.50 | 81.50 | 5.83 | 4.24 |
| 2026-03 | -- | -- | -- | -- |
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) |
| 2024/9/30 0:00:00 | 28770875290.5600 | -- | 1426592939.1700 | -654906017.3500 |
| 2024/12/31 0:00:00 | 39127050000.0000 | -- | 2356310000.0000 | 202501000.0000 |
| 2025/3/31 0:00:00 | 11223510911.4700 | -- | 435289800.8100 | -202920238.3600 |
| 2024/6/30 0:00:00 | 21022320000.0000 | -- | 1124443000.0000 | 97904000.0000 |
| 2024/3/31 0:00:00 | 12542249308.3600 | -- | 475996558.6800 | -124944832.1900 |
| 2023/6/30 0:00:00 | 25104108000.0000 | -- | 1217731000.0000 | 161198000.0000 |
| 2023/9/30 0:00:00 | 34697822345.5800 | -- | 1549479207.1700 | -581825276.9500 |
| 2023/12/31 0:00:00 | 46687290000.0000 | -- | 2655690000.0000 | 297894000.0000 |
| 2023/3/31 0:00:00 | 14745671554.0000 | -- | 447160607.4600 | -310316206.4500 |
| 2022/9/30 0:00:00 | 27075689487.9700 | -- | 1330323039.7500 | 625366837.0700 |
| 2022/12/31 0:00:00 | 39572524000.0000 | -- | 2607989000.0000 | 194176000.0000 |
| 2022/3/31 0:00:00 | 11075712648.9800 | -- | 431041822.0700 | -79608480.3800 |
| 2022/6/30 0:00:00 | 18432962000.0000 | -- | 1072029000.0000 | 111068000.0000 |
| 2021/9/30 0:00:00 | 31511161959.0700 | -- | 1278193386.0100 | 57303785.3000 |
| 2021/6/30 0:00:00 | 22065263000.0000 | -- | 1088026000.0000 | 106513000.0000 |
| 2021/12/31 0:00:00 | 45381289000.0000 | -- | 2708667000.0000 | 221855000.0000 |
| 2021/3/31 0:00:00 | 10980551000.0000 | -- | 531375000.0000 | 52412000.0000 |
| 2020/12/31 0:00:00 | 32129333000.0000 | -- | 2025341000.0000 | 216675000.0000 |
| 2021/5/31 0:00:00 | 18810741000.0000 | -- | 970494000.0000 | 87745000.0000 |
| 2020/9/30 0:00:00 | 20983988000.0000 | -- | 1125824000.0000 | 160009000.0000 |
| 2020/3/31 0:00:00 | 4434880000.0000 | -- | 410240000.0000 | 56614000.0000 |
| 2020/5/31 0:00:00 | 8255481000.0000 | -- | 652490000.0000 | 88520000.0000 |
| 2019/12/31 0:00:00 | 24017541000.0000 | -- | 1899076000.0000 | 210851000.0000 |
| 2018/12/31 0:00:00 | 27723315000.0000 | -- | 1839759000.0000 | 110429000.0000 |
| 2025/6/30 0:00:00 | 19160933000.0000 | -- | 1083345000.0000 | 88192000.0000 |
| 2025/9/30 0:00:00 | 26889243398.1100 | -- | 1385649951.4500 | -595802743.7300 |
| 2025/12/31 0:00:00 | 36641831000.0000 | -- | 2660415000.0000 | 178416000.0000 |
| 2026/3/31 0:00:00 | 11220229429.5300 | -- | -- | -171262463.5700 |