中商官网
研究报告
安踏体育（HK2020）
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 （%) |
| 202306 | 29645000000.0000 | 14.17 | 18755000000.0000 | 16.43 | 7463000000.0000 | 33.46 | 4748000000.0000 | 32.33 |
| 202212 | 53651000000.0000 | 8.76 | 32318000000.0000 | 6.30 | 11355000000.0000 | 1.02 | 7590000000.0000 | -1.68 |
| 202206 | 25965000000.0000 | 13.82 | 16109000000.0000 | 11.81 | 5592000000.0000 | -3.42 | 3588000000.0000 | -6.56 |
| 202112 | 49328000000.0000 | 38.91 | 30404000000.0000 | 47.23 | 11240000000.0000 | 38.95 | 7720000000.0000 | 49.55 |
| 202106 | 22812000000.0000 | 55.51 | 14408000000.0000 | 72.78 | 5790000000.0000 | 105.32 | 3840000000.0000 | 131.60 |
| 202012 | 35512000000.0000 | 4.67 | 20651000000.0000 | 10.68 | 8089000000.0000 | 1.00 | 5162000000.0000 | -3.41 |
| 202006 | 14669000000.0000 | -0.96 | 8339000000.0000 | 0.45 | 2820000000.0000 | -21.99 | 1658000000.0000 | -28.63 |
| 201912 | 33928000000.0000 | 40.78 | 18659000000.0000 | 47.07 | 8009000000.0000 | 38.87 | 5344000000.0000 | 30.25 |
| 201906 | 14811000000.0000 | 40.34 | 8302000000.0000 | 44.98 | 3615000000.0000 | 30.94 | 2323000000.0000 | 19.45 |
| 201812 | 24100039000.0000 | 44.38 | 12687278000.0000 | 53.95 | 5767345000.0000 | 33.80 | 4102855000.0000 | 32.87 |
| 201806 | 10553525000.0000 | 44.11 | 5726401000.0000 | 54.61 | 2760826000.0000 | 37.40 | 1944809000.0000 | 34.00 |
| 201712 | 16692492000.0000 | 25.08 | 8241147000.0000 | 27.59 | 4310558000.0000 | 30.19 | 3087843000.0000 | 29.44 |
| 201706 | 7323151000.0000 | 19.22 | 3703703000.0000 | 25.92 | 2009332000.0000 | 27.44 | 1451387000.0000 | 28.53 |
| 201612 | 13345761000.0000 | 19.95 | 6459042000.0000 | 24.56 | 3310896000.0000 | 17.02 | 2385546000.0000 | 16.91 |
| 201606 | 6142693000.0000 | 20.21 | 2941199000.0000 | 23.48 | 1576705000.0000 | 17.59 | 1129189000.0000 | 16.98 |
| 201512 | 11125941000.0000 | 24.69 | 5185420000.0000 | 28.77 | 2829302000.0000 | 26.16 | 2040573000.0000 | 20.01 |
| 201506 | 5109817000.0000 | 23.97 | 2381974000.0000 | 28.06 | 1340824000.0000 | 23.12 | 965269000.0000 | 20.24 |
| 201412 | 8922692000.0000 | 22.54 | 4026816000.0000 | 32.49 | 2242708000.0000 | 27.95 | 1700310000.0000 | 29.32 |
| 201406 | 4121906000.0000 | 22.44 | 1859999000.0000 | 34.38 | 1089055000.0000 | 31.10 | 802784000.0000 | 28.29 |
| 201312 | 7281263000.0000 | -4.48 | 3039254000.0000 | 5.05 | 1752755000.0000 | 1.34 | 1314835000.0000 | -3.23 |
| 201306 | 3366545000.0000 | -14.43 | 1384113000.0000 | -15.79 | 830686000.0000 | -15.91 | 625749000.0000 | -18.69 |
| 201212 | 7622808000.0000 | -14.40 | 2893166000.0000 | -23.10 | 1729510000.0000 | -19.93 | 1358701000.0000 | -21.47 |
| 201206 | 3934105000.0000 | -11.62 | 1643659000.0000 | -13.72 | 987885000.0000 | -15.04 | 769619000.0000 | -17.00 |
| 201112 | 8904767000.0000 | 20.20 | 3762397000.0000 | 18.67 | 2160080000.0000 | 17.20 | 1730122000.0000 | 11.54 |
| 201106 | 4451388000.0000 | 28.91 | 1905056000.0000 | 26.18 | 1162745000.0000 | 21.72 | 927277000.0000 | 21.97 |
| 201012 | 7408309000.0000 | 26.11 | 3170554000.0000 | 28.21 | 1843069000.0000 | 27.46 | 1551113000.0000 | 24.00 |
| 201006 | 3453063000.0000 | 22.58 | 1509772000.0000 | 29.14 | 955283000.0000 | 34.67 | 760228000.0000 | 24.98 |
| 200912 | 5874596000.0000 | 26.97 | 2472894000.0000 | 33.77 | 1446003000.0000 | 49.04 | 1250941000.0000 | 39.80 |
| 200906 | 2817022000.0000 | 27.74 | 1169054000.0000 | 36.41 | 709331000.0000 | 47.12 | 608260000.0000 | 40.06 |
| 200812 | 4626782000.0000 | 54.81 | 1848573000.0000 | 84.87 | 970222000.0000 | 60.45 | 894791000.0000 | 66.38 |
| 200806 | 2205201000.0000 | 52.33 | 856999000.0000 | 75.41 | 482143000.0000 | 104.44 | 434287000.0000 | 113.65 |
| 200712 | 2988723000.0000 | 139.07 | 999907000.0000 | 219.23 | 604703000.0000 | 308.53 | 537793000.0000 | 264.81 |
| 200706 | 1447684000.0000 | 192.95 | 488580000.0000 | 301.06 | 235841000.0000 | 341.06 | 203275000.0000 | 284.55 |
| 200612 | 1250142000.0000 | 86.49 | 313228000.0000 | 148.85 | 148020000.0000 | 194.78 | 147417000.0000 | 206.91 |
| 200606 | 494172000.0000 | -- | 121822000.0000 | -- | 53471000.0000 | -- | 52860000.0000 | -- |
| 200512 | 670349000.0000 | 115.20 | 125871000.0000 | 187.54 | 50214000.0000 | -866.74 | 48033000.0000 | -671.62 |
| 200412 | 311499000.0000 | -- | 43775000.0000 | -- | -6549000.0000 | -- | -8403000.0000 | -- |
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) |
| 202306 | 63.27 | -- | 8.92 | 9.75 | 1.68 | -- | 0.35 |
| 202212 | 60.24 | -- | 16.41 | 22.06 | 2.51 | -- | 0.78 |
| 202206 | 62.04 | -- | 8.69 | 11.34 | 1.20 | -- | 0.40 |
| 202112 | 61.64 | -- | 17.94 | 26.69 | 2.48 | -- | 0.79 |
| 202106 | 63.16 | -- | 10.68 | 14.3 | 1.56 | -- | 0.42 |
| 202012 | 58.15 | -- | 15.60 | 21.5 | 2.71 | -- | 0.68 |
| 202006 | 56.85 | -- | 5.69 | 7.79 | 1.26 | -- | 0.30 |
| 201912 | 55.00 | -- | 19.43 | 26.61 | 3.47 | -- | 0.82 |
| 201906 | 56.05 | -- | 10.26 | 12.89 | 1.94 | -- | 0.42 |
| 201812 | 52.64 | -- | 23.66 | 26 | 3.95 | -- | 0.99 |
| 201806 | 54.26 | -- | 13.38 | 13.45 | 2.12 | -- | 0.51 |
| 201712 | 49.37 | -- | 22.60 | 22.53 | 3.92 | -- | 0.88 |
| 201706 | 50.58 | -- | 11.48 | 10.95 | 2.51 | -- | 0.42 |
| 201612 | 48.40 | -- | 23.28 | 24.98 | 5.32 | -- | 0.94 |
| 201606 | 47.88 | -- | 12.14 | 12.68 | 2.57 | -- | 0.47 |
| 201512 | 46.61 | -- | 22.63 | 23.78 | 5.85 | -- | 0.89 |
| 201506 | 46.62 | -- | 11.80 | 12.02 | 3.17 | -- | 0.45 |
| 201412 | 45.13 | -- | 19.70 | 21.81 | 5.65 | -- | 0.78 |
| 201406 | 45.12 | -- | 9.98 | 10.87 | 2.86 | -- | 0.38 |
| 201312 | 41.74 | -- | 17.32 | 18.38 | 6.15 | -- | 0.72 |
| 201306 | 41.11 | -- | 8.17 | 9.15 | 3.44 | -- | 0.33 |
| 201212 | 37.95 | -- | 17.23 | 20.12 | 6.88 | -- | 0.76 |
| 201206 | 41.78 | -- | 10.78 | 11.62 | 3.65 | -- | 0.43 |
| 201112 | 42.25 | -- | 26.36 | 27.15 | 8.32 | -- | 1.09 |
| 201106 | 42.80 | -- | 15.37 | 15.21 | 4.67 | -- | 0.59 |
| 201012 | 42.80 | -- | 26.13 | 27.32 | 9.34 | -- | 1.05 |
| 201006 | 43.72 | -- | 14.54 | 14.31 | 4.38 | -- | 0.53 |
| 200912 | 42.09 | -- | 23.69 | 24.63 | 9.09 | -- | 0.96 |
| 200906 | 41.50 | -- | 13.16 | 12.95 | 3.61 | -- | 0.52 |
| 200812 | 39.95 | -- | 19.63 | 19.97 | 8.36 | -- | 0.94 |
| 200806 | 38.86 | -- | 10.21 | 10.21 | 3.77 | -- | 0.47 |
| 200712 | 33.46 | -- | 13.06 | 12.96 | 4.57 | -- | 0.65 |
| 200706 | 33.75 | -- | 22.44 | 36.96 | 3.63 | -- | 1.38 |
| 200612 | 25.06 | -- | 17.28 | 61.96 | 6.07 | -- | 1.46 |
| 200606 | 24.65 | -- | -- | -- | -- | -- | -- |
| 200512 | 18.78 | -- | 11.26 | 43.26 | 9.20 | -- | 1.50 |
| 200412 | 14.05 | -- | -2.20 | -5.24 | 10.27 | -- | 1.05 |
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 |
| 202306 | 36.90 | 63.10 | -- | -- |
| 202212 | 45.32 | 54.68 | -- | -- |
| 202206 | 45.85 | 54.15 | -- | -- |
| 202112 | 49.48 | 50.52 | -- | -- |
| 202106 | 46.49 | 53.51 | -- | -- |
| 202012 | 50.21 | 49.79 | -- | -- |
| 202006 | 54.83 | 45.17 | -- | -- |
| 201912 | 48.90 | 51.10 | -- | -- |
| 201906 | 46.42 | 53.58 | -- | -- |
| 201812 | 32.22 | 67.78 | -- | -- |
| 201806 | 26.68 | 73.32 | -- | -- |
| 201712 | 24.71 | 75.29 | -- | -- |
| 201706 | 22.08 | 77.92 | -- | -- |
| 201612 | 30.42 | 69.58 | -- | -- |
| 201606 | 29.34 | 70.66 | -- | -- |
| 201512 | 29.50 | 70.50 | -- | -- |
| 201506 | 27.47 | 72.53 | -- | -- |
| 201412 | 29.68 | 70.32 | -- | -- |
| 201406 | 30.59 | 69.41 | -- | -- |
| 201312 | 27.37 | 72.63 | -- | -- |
| 201306 | 30.91 | 69.09 | -- | -- |
| 201212 | 30.92 | 69.08 | -- | -- |
| 201206 | 27.19 | 72.81 | -- | -- |
| 201112 | 21.67 | 78.33 | -- | -- |
| 201106 | 18.72 | 81.28 | -- | -- |
| 201012 | 18.76 | 81.24 | -- | -- |
| 201006 | 18.31 | 81.69 | -- | -- |
| 200912 | 15.83 | 84.17 | -- | -- |
| 200906 | 12.86 | 87.14 | -- | -- |
| 200812 | 9.34 | 90.66 | -- | -- |
| 200806 | 9.99 | 90.01 | -- | -- |
| 200712 | 10.37 | 89.63 | -- | -- |
| 200706 | 47.67 | 52.33 | -- | -- |
| 200612 | 72.22 | 27.78 | -- | -- |
| 200606 | -- | -- | -- | -- |
| 200512 | 75.11 | 24.89 | -- | -- |
| 200412 | 46.01 | 53.99 | -- | -- |
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) |
| 202306 | 10890000000.0000 | -- | 1695000000.0000 | -356000000.0000 |
| 202212 | 21333000000.0000 | -- | 3587000000.0000 | -97000000.0000 |
| 202206 | 9856000000.0000 | -- | 1701000000.0000 | 22000000.0000 |
| 202112 | 18924000000.0000 | -- | 2928000000.0000 | -332000000.0000 |
| 202106 | 8404000000.0000 | -- | 1286000000.0000 | -231000000.0000 |
| 202012 | 14861000000.0000 | -- | 2122000000.0000 | 462000000.0000 |
| 202006 | 6330000000.0000 | -- | 1050000000.0000 | 65000000.0000 |
| 201912 | 15269000000.0000 | -- | 1313000000.0000 | 53000000.0000 |
| 201906 | 6509000000.0000 | -- | 460000000.0000 | -9000000.0000 |
| 201812 | 11412761000.0000 | -- | 1222594000.0000 | -67560000.0000 |
| 201806 | 4827124000.0000 | -- | 517621000.0000 | -72260000.0000 |
| 201712 | 8451345000.0000 | -- | 901000000.0000 | -321839000.0000 |
| 201706 | 3619448000.0000 | -- | 454932000.0000 | -111869000.0000 |
| 201612 | 6886719000.0000 | -- | 684643000.0000 | -107524000.0000 |
| 201606 | 3201494000.0000 | -- | 299003000.0000 | -88445000.0000 |
| 201512 | 5940521000.0000 | -- | 504034000.0000 | -132620000.0000 |
| 201506 | 2727843000.0000 | -- | 233729000.0000 | -73942000.0000 |
| 201412 | 4895876000.0000 | -- | 396833000.0000 | -223845000.0000 |
| 201406 | 2261907000.0000 | -- | 194873000.0000 | -102989000.0000 |
| 201312 | 4242009000.0000 | -- | 376497000.0000 | -187156000.0000 |
| 201306 | 1982432000.0000 | -- | 177502000.0000 | -94431000.0000 |
| 201212 | 4729642000.0000 | -- | 420457000.0000 | -166200000.0000 |
| 201206 | 2290446000.0000 | -- | 271517000.0000 | -88192000.0000 |
| 201112 | 5142370000.0000 | -- | 373241000.0000 | -148584000.0000 |
| 201106 | 2546332000.0000 | -- | 176707000.0000 | -66293000.0000 |
| 201012 | 4237755000.0000 | -- | 290626000.0000 | -106258000.0000 |
| 201006 | 1943291000.0000 | -- | 127860000.0000 | -60461000.0000 |
| 200912 | 3401702000.0000 | -- | 216905000.0000 | -51226000.0000 |
| 200906 | 1647968000.0000 | -- | 104664000.0000 | -26432000.0000 |
| 200812 | 2778209000.0000 | -- | 179854000.0000 | -39563000.0000 |
| 200806 | 1348202000.0000 | -- | 95899000.0000 | -63512000.0000 |
| 200712 | 1988816000.0000 | -- | 102532000.0000 | -125447000.0000 |
| 200706 | 959104000.0000 | -- | 49893000.0000 | 284000.0000 |
| 200612 | 936914000.0000 | -- | 35256000.0000 | 259000.0000 |
| 200606 | 372350000.0000 | -- | 11628000.0000 | 212000.0000 |
| 200512 | 544478000.0000 | -- | 15082000.0000 | 922000.0000 |
| 200412 | 267724000.0000 | -- | 8645000.0000 | 1452000.0000 |