中商官网
研究报告
药明康德（HK2359）
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 （%) |
| 2024-12 | 37917782000.0000 | -6.01 | 16271268000.0000 | -0.62 | 13280536000.0000 | -0.81 | 9352608000.0000 | -12.51 |
| 2025-03 | 9654595000.0000 | 20.96 | 4013076000.0000 | 33.51 | 4142693000.0000 | 80.32 | 3536265000.0000 | 82.07 |
| 2024-09 | 27702002000.0000 | -6.23 | 11098161000.0000 | -8.06 | 7854297000.0000 | -19.71 | 6532935000.0000 | -19.11 |
| 2024-06 | 17240918000.0000 | -8.64 | 6700890000.0000 | -11.31 | 5049554000.0000 | -21.04 | 4239822000.0000 | -20.20 |
| 2024-03 | 7981934000.0000 | -10.95 | 3005748000.0000 | -14.75 | 2297394000.0000 | -11.94 | 1942211000.0000 | -10.42 |
| 2023-06 | 18871285000.0000 | 6.28 | 7555685000.0000 | 17.56 | 6395213000.0000 | 15.42 | 5312971000.0000 | 14.68 |
| 2023-09 | 29541326000.0000 | 4.04 | 12071476000.0000 | 15.35 | 9781966000.0000 | 10.92 | 8076407000.0000 | 9.47 |
| 2023-12 | 40340807000.0000 | 2.51 | 16372472000.0000 | 12.86 | 13388949000.0000 | 26.09 | 10690004000.0000 | 21.33 |
| 2023-03 | 8963742000.0000 | 5.77 | 3525642000.0000 | 16.94 | 2608873000.0000 | 30.53 | 2168129000.0000 | 31.97 |
| 2022-12 | 39354778000.0000 | 71.84 | 14506521000.0000 | 75.51 | 10618477000.0000 | 76.52 | 8810845000.0000 | 73.01 |
| 2022-09 | 28394562000.0000 | 71.87 | 10464949000.0000 | 72.01 | 8819270000.0000 | 105.93 | 7377914000.0000 | 107.12 |
| 2022-03 | 8474419000.0000 | 71.18 | 3014848000.0000 | 64.01 | 1998670000.0000 | 17.85 | 1642947000.0000 | 9.54 |
| 2022-06 | 17756258000.0000 | 68.52 | 6426825000.0000 | 65.48 | 5540862000.0000 | 74.24 | 4632882000.0000 | 73.48 |
| 2021-12 | 22902385000.0000 | 38.50 | 8265515000.0000 | 32.14 | 6015609000.0000 | 78.54 | 5092557000.0000 | 72.42 |
| 2021-09 | 16521369000.0000 | 39.84 | 6083805000.0000 | 37.54 | 4282672000.0000 | 58.14 | 3562227000.0000 | 50.41 |
| 2021-06 | 10536558000.0000 | 45.70 | 3883727000.0000 | 46.08 | 3179935000.0000 | 65.45 | 2670503000.0000 | 56.12 |
| 2020-09 | 11814803000.0000 | 27.34 | 4423214000.0000 | 20.84 | 2708099000.0000 | 26.19 | 2368357000.0000 | 34.17 |
| 2021-03 | 4950480000.0000 | 55.31 | 1838213000.0000 | 67.61 | 1695894000.0000 | 307.83 | 1499806000.0000 | 394.92 |
| 2020-12 | 16535431000.0000 | 28.46 | 6255044000.0000 | 24.95 | 3369376000.0000 | 44.18 | 2953613000.0000 | 59.54 |
| 2020-06 | 7231434000.0000 | 22.68 | 2658585000.0000 | 16.42 | 1921962000.0000 | 49.98 | 1710534000.0000 | 62.28 |
| 2020-03 | 3187515000.0000 | 15.09 | 1096717000.0000 | 3.94 | 415832000.0000 | -17.38 | 303041000.0000 | -21.59 |
| 2019-12 | 12872206000.0000 | 33.89 | 5006148000.0000 | 32.55 | 2336968000.0000 | -9.45 | 1851288000.0000 | -18.10 |
| 2019-06 | 5894358000.0000 | 33.68 | 2283591000.0000 | 30.04 | 1281467000.0000 | -10.07 | 1054081000.0000 | -17.13 |
| 2019-03 | 2769466000.0000 | 29.31 | 1055192000.0000 | 27.24 | 503317000.0000 | 37.52 | 386479000.0000 | 32.97 |
| 2019-09 | 9278514000.0000 | 34.06 | 3660475000.0000 | 30.58 | 2145967000.0000 | -1.50 | 1765147000.0000 | -8.46 |
| 2018-09 | 6921135000.0000 | -- | 2803300000.0000 | -- | 2178730000.0000 | -- | 1928376000.0000 | -- |
| 2018-06 | 4409207000.0000 | 20.29 | 1756109000.0000 | 10.85 | 1425031000.0000 | 48.26 | 1271898000.0000 | 71.31 |
| 2018-12 | 9613684000.0000 | 23.80 | 3776919000.0000 | 16.57 | 2580824000.0000 | 62.05 | 2260523000.0000 | 84.22 |
| 2017-12 | 7765260000.0000 | 26.96 | 3239920000.0000 | 30.51 | 1592620000.0000 | 15.23 | 1227093000.0000 | 25.86 |
| 2018-03 | 2141764000.0000 | -- | 829314000.0000 | -- | 365993000.0000 | -- | 290658000.0000 | -- |
| 2017-06 | 3665375000.0000 | -- | 1584195000.0000 | -- | 961161000.0000 | -- | 742444000.0000 | -- |
| 2016-12 | 6116131000.0000 | 25.24 | 2482491000.0000 | 47.89 | 1382175000.0000 | 72.48 | 974980000.0000 | 179.39 |
| 2015-12 | 4883349000.0000 | -- | 1678631000.0000 | -- | 801349000.0000 | -- | 348968000.0000 | -- |
| 2025-06 | 20405103000.0000 | 18.35 | 9062774000.0000 | 35.25 | 9727393000.0000 | 92.64 | -- | -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) |
| 2024-12 | 42.91 | 34.3800 | 16.53 | 15.9500 | 4.82 | -- | 0.47 |
| 2025-03 | 41.57 | 42.2500 | 4.90 | 5.6700 | 1.01 | -- | 0.11 |
| 2024-09 | 40.06 | 27.6300 | 10.58 | 11.8400 | 3.74 | -- | 0.37 |
| 2024-06 | 38.87 | 28.6400 | 6.79 | 7.7500 | 2.42 | -- | 0.23 |
| 2024-03 | 37.66 | 28.3500 | 3.07 | 3.4900 | 1.17 | -- | 0.11 |
| 2023-06 | 40.04 | 34.2500 | 9.23 | 10.6600 | 2.29 | -- | 0.27 |
| 2023-09 | 40.86 | 33.2900 | 13.63 | 15.6600 | 3.83 | -- | 0.41 |
| 2023-12 | 40.59 | 34.7900 | 18.17 | 19.3900 | 5.93 | -- | 0.55 |
| 2023-03 | 39.33 | 29.5200 | 3.83 | 4.3800 | 1.06 | -- | 0.13 |
| 2022-12 | 36.86 | 27.1000 | 16.41 | 18.9100 | 4.98 | -- | 0.61 |
| 2022-09 | 36.86 | 31.4400 | 13.41 | 16.4600 | 2.93 | -- | 0.43 |
| 2022-03 | 35.58 | 24.6900 | 3.47 | 4.0700 | 0.94 | -- | 0.15 |
| 2022-06 | 36.19 | 31.6000 | 8.95 | 11.0100 | 1.69 | -- | 0.29 |
| 2021-12 | 36.09 | 26.7800 | 10.91 | 13.2300 | 2.76 | -- | 0.42 |
| 2021-09 | 36.82 | 25.9400 | 8.05 | 9.5300 | 2.99 | -- | 0.31 |
| 2021-06 | 36.86 | 28.3300 | 6.09 | 7.2700 | 2.02 | -- | 0.20 |
| 2020-09 | 37.44 | 23.6900 | 6.08 | 7.4300 | 4.12 | -- | 0.27 |
| 2021-03 | 37.13 | 34.8300 | 3.49 | 4.2500 | 1.34 | -- | 0.10 |
| 2020-12 | 37.83 | 20.9300 | 7.28 | 9.0900 | 4.22 | -- | 0.36 |
| 2020-06 | 36.76 | 27.0000 | 6.22 | 9.2300 | 2.71 | -- | 0.23 |
| 2020-03 | 34.41 | 15.6700 | 1.38 | 1.7100 | 1.41 | -- | 0.11 |
| 2019-12 | 38.89 | 18.3200 | 7.99 | 10.6900 | 6.51 | -- | 0.44 |
| 2019-06 | 38.74 | 20.8500 | 5.25 | 5.9400 | 3.71 | -- | 0.24 |
| 2019-03 | 38.10 | 11.6400 | 2.12 | 2.1000 | 1.98 | -- | 0.12 |
| 2019-09 | 39.45 | 22.0000 | 7.84 | 10.2500 | 4.96 | -- | 0.34 |
| 2018-09 | 40.50 | 31.3200 | -- | -- | -- | -- | -- |
| 2018-06 | 39.83 | 31.6400 | 8.83 | 12.8200 | 3.44 | -- | 0.27 |
| 2018-12 | 39.29 | 26.0500 | 11.39 | 12.7800 | 6.83 | -- | 0.42 |
| 2017-12 | 41.72 | 21.1400 | 12.66 | 19.3500 | 6.96 | -- | 0.62 |
| 2018-03 | 38.72 | 17.5400 | -- | -- | -- | -- | -- |
| 2017-06 | 43.22 | 26.9200 | -- | -- | -- | -- | -- |
| 2016-12 | 40.59 | 23.2900 | 13.05 | 17.5100 | 8.17 | -- | 0.58 |
| 2015-12 | 34.37 | 17.0100 | 8.27 | 10.3600 | 15.38 | -- | 0.50 |
| 2025-06 | 44.41 | -- | -- | -- | -- | -- | -- |
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 | 26.44 | 73.56 | 2.38 | 2.11 |
| 2025-03 | 25.72 | 74.28 | 2.29 | 2.00 |
| 2024-09 | 25.13 | 74.87 | 2.36 | 2.01 |
| 2024-06 | 25.95 | 74.05 | 2.22 | 1.90 |
| 2024-03 | 25.21 | 74.79 | 2.33 | 2.01 |
| 2023-06 | 27.58 | 72.42 | 1.69 | 1.38 |
| 2023-09 | 27.55 | 72.45 | 1.75 | 1.49 |
| 2023-12 | 24.64 | 75.36 | 2.06 | 1.79 |
| 2023-03 | 26.92 | 73.08 | 1.74 | 1.42 |
| 2022-12 | 27.46 | 72.54 | 1.66 | 1.31 |
| 2022-09 | 31.35 | 68.65 | 1.46 | 1.11 |
| 2022-03 | 29.41 | 70.59 | 1.69 | 1.27 |
| 2022-06 | 31.53 | 68.47 | 1.46 | 1.05 |
| 2021-12 | 29.69 | 70.31 | 1.69 | 1.28 |
| 2021-09 | 29.21 | 70.79 | 1.93 | 1.62 |
| 2021-06 | 29.12 | 70.88 | 2.13 | 1.81 |
| 2020-09 | 27.92 | 72.08 | 3.26 | 3.02 |
| 2021-03 | 26.92 | 73.08 | 2.60 | 2.32 |
| 2020-12 | 29.32 | 70.68 | 2.91 | 2.60 |
| 2020-06 | 39.59 | 60.41 | 1.67 | 1.42 |
| 2020-03 | 40.95 | 59.05 | 1.78 | 1.58 |
| 2019-12 | 40.46 | 59.54 | 1.91 | 1.73 |
| 2019-06 | 25.79 | 74.21 | 2.32 | 2.12 |
| 2019-03 | 20.52 | 79.48 | 3.40 | 3.16 |
| 2019-09 | 36.75 | 63.25 | 2.20 | 1.99 |
| 2018-09 | -- | -- | -- | -- |
| 2018-06 | 35.97 | 64.03 | 1.58 | 1.41 |
| 2018-12 | 19.86 | 80.14 | 3.14 | 2.91 |
| 2017-12 | 46.44 | 53.56 | 1.18 | 1.04 |
| 2018-03 | -- | -- | -- | -- |
| 2017-06 | -- | -- | -- | -- |
| 2016-12 | 42.76 | 57.24 | 1.44 | 1.33 |
| 2015-12 | 33.62 | 66.38 | 2.13 | 2.06 |
| 2025-06 | -- | -- | -- | -- |
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) |
| 2024/12/31 0:00:00 | 21646514000.0000 | -- | 3764245000.0000 | 236136000.0000 |
| 2025/3/31 0:00:00 | 5641519000.0000 | -- | 822200000.0000 | 80195000.0000 |
| 2024/9/30 0:00:00 | 16603841000.0000 | -- | 2918916000.0000 | 187180000.0000 |
| 2024/6/30 0:00:00 | 10540028000.0000 | -- | 1913794000.0000 | 128943000.0000 |
| 2024/3/31 0:00:00 | 4976186000.0000 | -- | 916898000.0000 | 61669000.0000 |
| 2023/6/30 0:00:00 | 11315600000.0000 | -- | 1993527000.0000 | 101066000.0000 |
| 2023/9/30 0:00:00 | 17469850000.0000 | -- | 3084833000.0000 | 154927000.0000 |
| 2023/12/31 0:00:00 | 23968335000.0000 | -- | 4435576000.0000 | 193581000.0000 |
| 2023/3/31 0:00:00 | 5438100000.0000 | -- | 1026692000.0000 | 64173000.0000 |
| 2022/12/31 0:00:00 | 24848257000.0000 | -- | 4557786000.0000 | 159837000.0000 |
| 2022/9/30 0:00:00 | 17929613000.0000 | -- | 3188418000.0000 | 112885000.0000 |
| 2022/3/31 0:00:00 | 5459571000.0000 | -- | 898908000.0000 | 28561000.0000 |
| 2022/6/30 0:00:00 | 11329433000.0000 | -- | 1965011000.0000 | 67621000.0000 |
| 2021/12/31 0:00:00 | 14636870000.0000 | -- | 3195856000.0000 | 128333000.0000 |
| 2021/9/30 0:00:00 | 10437564000.0000 | -- | 2182542000.0000 | 97636000.0000 |
| 2021/6/30 0:00:00 | 6652831000.0000 | -- | 1399707000.0000 | 68855000.0000 |
| 2020/9/30 0:00:00 | 7391589000.0000 | -- | 1800222000.0000 | 157977000.0000 |
| 2021/3/31 0:00:00 | 3112267000.0000 | -- | 690703000.0000 | 35002000.0000 |
| 2020/12/31 0:00:00 | 10280387000.0000 | -- | 2562967000.0000 | 196033000.0000 |
| 2020/6/30 0:00:00 | 4572849000.0000 | -- | 1162697000.0000 | 110797000.0000 |
| 2020/3/31 0:00:00 | 2090798000.0000 | -- | 496155000.0000 | 57983000.0000 |
| 2019/12/31 0:00:00 | 7866058000.0000 | -- | 2099389000.0000 | 128019000.0000 |
| 2019/6/30 0:00:00 | 3610767000.0000 | -- | 914861000.0000 | 32753000.0000 |
| 2019/3/31 0:00:00 | 1714274000.0000 | -- | 412670000.0000 | 12694000.0000 |
| 2019/9/30 0:00:00 | 5618039000.0000 | -- | 1462265000.0000 | 67116000.0000 |
| 2018/9/30 0:00:00 | 4117835000.0000 | -- | 1081563000.0000 | 68952000.0000 |
| 2018/6/30 0:00:00 | 2653098000.0000 | -- | 612786000.0000 | 45521000.0000 |
| 2018/12/31 0:00:00 | 5836765000.0000 | -- | 1589125000.0000 | 92407000.0000 |
| 2017/12/31 0:00:00 | 4525340000.0000 | -- | 1292188000.0000 | 48547000.0000 |
| 2018/3/31 0:00:00 | 1312450000.0000 | -- | 272909000.0000 | 20635000.0000 |
| 2017/6/30 0:00:00 | 2081180000.0000 | -- | 550366000.0000 | 12716000.0000 |
| 2016/12/31 0:00:00 | 3633640000.0000 | -- | 1049227000.0000 | 16360000.0000 |
| 2015/12/31 0:00:00 | 3204718000.0000 | -- | 994891000.0000 | 28125000.0000 |
| 2025/6/30 0:00:00 | 11342329000.0000 | -- | 1660091000.0000 | 164075000.0000 |