中商官网
研究报告
中通快递-W（HK2057）
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 （%) |
| 2025-03 | 10891465000.0000 | 9.35 | 2689220000.0000 | -10.42 | 2570755000.0000 | 27.64 | 1993247000.0000 | 39.77 |
| 2024-12 | 44280720000.0000 | 15.26 | 13717092000.0000 | 17.62 | 11732956000.0000 | 9.72 | 8816835000.0000 | 0.78 |
| 2024-09 | 31361018000.0000 | 12.81 | 9957373000.0000 | 16.68 | 8227061000.0000 | 5.05 | 6434145000.0000 | -1.87 |
| 2024-06 | 20685970000.0000 | 10.48 | 6622562000.0000 | 13.64 | 5272687000.0000 | 0.98 | 4037848000.0000 | -4.12 |
| 2023-12 | 38418915000.0000 | 8.60 | 11662526000.0000 | 29.02 | 10693057000.0000 | 29.04 | 8749004000.0000 | 28.49 |
| 2024-03 | 9960006000.0000 | 10.87 | 3002085000.0000 | 18.97 | 2014052000.0000 | -4.82 | 1426046000.0000 | -14.63 |
| 2023-03 | 8983239000.0000 | 13.65 | 2523408000.0000 | 55.82 | 2116004000.0000 | 83.37 | 1670336000.0000 | 84.31 |
| 2023-09 | 27799481000.0000 | 8.99 | 8534277000.0000 | 36.18 | 7831891000.0000 | 37.66 | 6556698000.0000 | 41.11 |
| 2023-06 | 18723563000.0000 | 13.06 | 5827833000.0000 | 52.47 | 5221679000.0000 | 56.28 | 4211540000.0000 | 55.32 |
| 2022-09 | 25505669000.0000 | 20.38 | 6266713000.0000 | 44.45 | 5689345000.0000 | 56.47 | 4646445000.0000 | 55.27 |
| 2022-06 | 16560727000.0000 | 20.03 | 3822301000.0000 | 37.98 | 3341142000.0000 | 49.22 | 2711451000.0000 | 48.51 |
| 2022-12 | 35376996000.0000 | 16.35 | 9039275000.0000 | 37.18 | 8286452000.0000 | 44.38 | 6809056000.0000 | 43.20 |
| 2021-09 | 21188320000.0000 | 24.95 | 4338453000.0000 | 9.04 | 3636128000.0000 | 5.20 | 2992497000.0000 | -1.04 |
| 2022-03 | 7904050000.0000 | 22.12 | 1619479000.0000 | 47.69 | 1153975000.0000 | 62.93 | 906270000.0000 | 69.83 |
| 2021-12 | 30405839000.0000 | 20.59 | 6589377000.0000 | 12.89 | 5739197000.0000 | 13.99 | 4754827000.0000 | 10.26 |
| 2021-03 | 6472537000.0000 | 65.29 | 1096533000.0000 | 33.94 | 708246000.0000 | 37.68 | 533625000.0000 | 42.41 |
| 2021-06 | 13797597000.0000 | 33.72 | 2770175000.0000 | 7.05 | 2239083000.0000 | -1.31 | 1825797000.0000 | 0.15 |
| 2020-12 | 25214290000.0000 | 14.04 | 5837106000.0000 | -11.84 | 5034786000.0000 | -25.49 | 4312213000.0000 | -24.00 |
| 2020-09 | 16957146000.0000 | 11.10 | 3978775000.0000 | -13.97 | 3456440000.0000 | -16.00 | 3024072000.0000 | -9.67 |
| 2020-06 | 10318310000.0000 | 3.21 | 2587823000.0000 | -14.54 | 2268727000.0000 | -10.66 | 1823054000.0000 | -10.64 |
| 2019-12 | 22109946000.0000 | 25.59 | 6621168000.0000 | 23.42 | 6757118000.0000 | 26.62 | 5674145000.0000 | 29.46 |
| 2020-03 | 3915889000.0000 | -- | 818660000.0000 | -- | 514401000.0000 | -- | 374700000.0000 | -- |
| 2019-09 | 15263430000.0000 | -- | 4625098000.0000 | -- | 4114813000.0000 | -- | 3347722000.0000 | -- |
| 2017-12 | 13060073000.0000 | -- | 4345584000.0000 | -- | 3820943000.0000 | -- | 3159663000.0000 | -- |
| 2019-06 | 9997671000.0000 | -- | 3028160000.0000 | -- | 2539415000.0000 | -- | 2040194000.0000 | -- |
| 2018-12 | 17604451000.0000 | 34.80 | 5364883000.0000 | 23.46 | 5336431000.0000 | 39.66 | 4383025000.0000 | 38.72 |
| 2025-06 | 22723272000.0000 | 9.85 | 5633617000.0000 | -14.93 | 5080953000.0000 | -3.64 | 3931579000.0000 | -2.63 |
| 2025-09 | 34587966000.0000 | 10.29 | 8589586000.0000 | -13.74 | 7809549000.0000 | -5.07 | 6455299000.0000 | 0.33 |
| 2025-12 | 49098667000.0000 | 10.88 | 12271441000.0000 | -10.54 | 11140897000.0000 | -5.05 | 9080651000.0000 | 2.99 |
| 2026-03 | 13282364000.0000 | 21.95 | 3235221000.0000 | 20.30 | 2708536000.0000 | 5.36 | -- | -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) |
| 2025-03 | 24.69 | 23.2400 | 2.76 | 3.2000 | 230.91 | -- | 0.12 |
| 2024-12 | 30.98 | 28.0400 | 12.71 | 14.2100 | 792.44 | -- | 0.48 |
| 2024-09 | 31.75 | 28.1000 | 8.82 | 10.6200 | 774.06 | -- | 0.34 |
| 2024-06 | 32.01 | 24.9600 | 5.79 | 6.6800 | 500.57 | -- | 0.23 |
| 2023-12 | 30.36 | 27.3800 | 12.09 | 14.6300 | 953.07 | -- | 0.43 |
| 2024-03 | 30.14 | 24.4300 | 2.24 | 2.4700 | 167.87 | -- | 0.11 |
| 2023-03 | 28.09 | 21.8200 | 2.62 | 3.1200 | 221.71 | -- | 0.11 |
| 2023-09 | 30.70 | 27.3600 | 8.95 | 11.3300 | 698.22 | -- | 0.32 |
| 2023-06 | 31.13 | 26.7900 | 6.36 | 7.5300 | 484.13 | -- | 0.23 |
| 2022-09 | 24.57 | 22.3200 | 7.33 | 8.9500 | 297.49 | -- | 0.33 |
| 2022-06 | 23.08 | 20.2600 | 4.88 | 5.3900 | 443.14 | -- | 0.24 |
| 2022-12 | 25.55 | 23.1700 | 10.55 | 12.6000 | 649.72 | -- | 0.45 |
| 2021-09 | 20.48 | 16.9100 | 5.99 | 6.3800 | 337.05 | -- | 0.35 |
| 2022-03 | 20.49 | 14.6100 | 1.77 | 1.8700 | 106.17 | -- | 0.12 |
| 2021-12 | 21.67 | 18.6900 | 9.14 | 9.7800 | 287.08 | -- | 0.48 |
| 2021-03 | 16.94 | 10.9400 | 1.18 | 1.1100 | 103.72 | -- | 0.11 |
| 2021-06 | 20.08 | 16.2300 | 3.65 | 3.7200 | 278.55 | -- | 0.23 |
| 2020-12 | 23.15 | 19.9700 | 8.50 | 8.8000 | 365.13 | -- | 0.43 |
| 2020-09 | 23.46 | 20.3800 | 5.87 | 6.2700 | 259.94 | -- | 0.29 |
| 2020-06 | 25.08 | 21.9900 | 4.68 | 4.6900 | 120.50 | -- | 0.21 |
| 2019-12 | 29.95 | 27.4200 | 14.72 | 14.8100 | 353.26 | -- | 0.48 |
| 2020-03 | 20.91 | 13.1400 | -- | -- | -- | -- | -- |
| 2019-09 | 30.30 | 26.9600 | -- | -- | -- | -- | -- |
| 2017-12 | 33.27 | 29.4900 | 14.79 | 14.7400 | 254.58 | -- | 0.51 |
| 2019-06 | 30.29 | 25.4100 | -- | -- | -- | -- | -- |
| 2018-12 | 30.47 | 27.1200 | 13.45 | 12.8100 | 279.36 | -- | 0.44 |
| 2025-06 | 24.79 | 22.2200 | 5.37 | 6.1200 | 356.76 | -- | 0.24 |
| 2025-09 | 24.83 | 22.2000 | 8.63 | 9.9800 | 538.85 | -- | 0.38 |
| 2025-12 | 24.99 | 22.3500 | 12.24 | 13.6800 | 906.00 | -- | 0.54 |
| 2026-03 | 24.36 | -- | -- | -- | -- | -- | -- |
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 |
| 2025-03 | 32.51 | 67.49 | 1.05 | 1.05 |
| 2024-12 | 32.13 | 67.87 | 1.07 | 1.07 |
| 2024-09 | 34.50 | 65.50 | 0.96 | 0.96 |
| 2024-06 | 33.07 | 66.93 | 1.26 | 1.26 |
| 2023-12 | 31.86 | 68.14 | 1.34 | 1.34 |
| 2024-03 | 35.03 | 64.97 | 1.15 | 1.15 |
| 2023-03 | 33.08 | 66.92 | 1.32 | 1.32 |
| 2023-09 | 33.31 | 66.69 | 1.17 | 1.17 |
| 2023-06 | 31.35 | 68.65 | 1.32 | 1.31 |
| 2022-09 | 32.51 | 67.49 | 1.59 | 1.58 |
| 2022-06 | 25.94 | 74.06 | 1.25 | 1.25 |
| 2022-12 | 30.63 | 69.37 | 1.49 | 1.49 |
| 2021-09 | 22.41 | 77.59 | 1.45 | 1.45 |
| 2022-03 | 25.56 | 74.44 | 1.26 | 1.26 |
| 2021-12 | 22.06 | 77.94 | 1.44 | 1.43 |
| 2021-03 | 20.07 | 79.93 | 1.90 | 1.90 |
| 2021-06 | 19.75 | 80.25 | 1.82 | 1.82 |
| 2020-12 | 17.07 | 82.93 | 2.39 | 2.38 |
| 2020-09 | 17.88 | 82.12 | 2.63 | 2.62 |
| 2020-06 | 19.57 | 80.43 | 2.03 | 2.02 |
| 2019-12 | 16.32 | 83.68 | 3.01 | 3.00 |
| 2020-03 | -- | -- | -- | -- |
| 2019-09 | -- | -- | -- | -- |
| 2017-12 | 16.98 | 83.02 | 2.99 | 2.98 |
| 2019-06 | -- | -- | -- | -- |
| 2018-12 | 13.64 | 86.36 | 4.13 | 4.12 |
| 2025-06 | 31.46 | 68.54 | 1.21 | 1.21 |
| 2025-09 | 27.81 | 72.19 | 1.38 | 1.38 |
| 2025-12 | 26.24 | 73.76 | 1.49 | 1.48 |
| 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) |
| 2025/3/31 0:00:00 | 8202245000.0000 | -- | -- | -125472000.0000 |
| 2024/12/31 0:00:00 | 30563628000.0000 | -- | -- | -637686000.0000 |
| 2024/9/30 0:00:00 | 21403645000.0000 | -- | -- | -487861000.0000 |
| 2024/6/30 0:00:00 | 14063408000.0000 | -- | -- | -353889000.0000 |
| 2023/12/31 0:00:00 | 26756389000.0000 | -- | -- | -510775000.0000 |
| 2024/3/31 0:00:00 | 6957921000.0000 | -- | -- | -166489000.0000 |
| 2023/3/31 0:00:00 | 6459831000.0000 | -- | -- | -9989000.0000 |
| 2023/9/30 0:00:00 | 19265204000.0000 | -- | -- | -353224000.0000 |
| 2023/6/30 0:00:00 | 12895730000.0000 | -- | -- | -186013000.0000 |
| 2022/9/30 0:00:00 | 19238956000.0000 | -- | -- | -415770000.0000 |
| 2022/6/30 0:00:00 | 12738426000.0000 | -- | -- | -253791000.0000 |
| 2022/12/31 0:00:00 | 26337721000.0000 | -- | -- | -460455000.0000 |
| 2021/9/30 0:00:00 | 16849867000.0000 | -- | -- | -133874000.0000 |
| 2022/3/31 0:00:00 | 6284571000.0000 | -- | -- | -38598000.0000 |
| 2021/12/31 0:00:00 | 23816462000.0000 | -- | -- | -180920000.0000 |
| 2021/3/31 0:00:00 | 5376004000.0000 | -- | -- | -59567000.0000 |
| 2021/6/30 0:00:00 | 11027422000.0000 | -- | -- | -102418000.0000 |
| 2020/12/31 0:00:00 | 19377184000.0000 | -- | -- | -280210000.0000 |
| 2020/9/30 0:00:00 | 12978371000.0000 | -- | -- | -268699000.0000 |
| 2020/6/30 0:00:00 | 7730487000.0000 | -- | -- | -250106000.0000 |
| 2019/12/31 0:00:00 | 15488778000.0000 | -- | -- | -598705000.0000 |
| 2020/3/31 0:00:00 | 3097229000.0000 | -- | -- | -142389000.0000 |
| 2019/9/30 0:00:00 | 10638332000.0000 | -- | -- | -462163000.0000 |
| 2017/12/31 0:00:00 | 8714489000.0000 | -- | -- | -102508000.0000 |
| 2019/6/30 0:00:00 | 6969511000.0000 | -- | -- | -287279000.0000 |
| 2018/12/31 0:00:00 | 12239568000.0000 | -- | -- | -441571000.0000 |
| 2025/6/30 0:00:00 | 17089655000.0000 | -- | -- | -252511000.0000 |
| 2025/9/30 0:00:00 | 25998380000.0000 | -- | -- | -392610000.0000 |
| 2025/12/31 0:00:00 | 36827226000.0000 | -- | -- | -500002000.0000 |
| 2026/3/31 0:00:00 | 10047143000.0000 | -- | -- | -86839000.0000 |