财务数据
金额单位:亿元;每股数据:元;股数:亿股。* 为推导值(如第四季度 = 全年 − 前三季度;半年报公司的下半年 = 全年 − 上半年),悬停任一数字可查看来源(XBRL 标签 / PDF 页码 / 计算公式)。
年度营收(亿元)
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| 营业收入 | 96.4 | 107.2 | 238.6 | 382.4 |
年度利润(亿元)
营业利润净利润
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| 营业利润 | 13.3 | 24.9 | 60.5 | 136.0 |
| 净利润 | 12.2 | 21.7 | 51.7 | 108.0 |
市盈率对比:表观 vs 实际(倍,按当前市值折算)
表观市盈率(账面口径)实际市盈率(主业口径)
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| FY24 | FY25 | TTM | |
|---|---|---|---|
| 表观市盈率(账面口径) | 126.2x | 60.5x | 25.2x |
| 实际市盈率(主业口径) | 127.0x | 62.4x | 25.0x |
最新滚动 12 个月(FY2025Q4–FY2026Q3):总市值 6,527.0 亿元;账面净利润 259.0 亿元 → 表观市盈率 25.2x;加回税后非主业净支出 2.5 亿元(投资收益与公允价值变动税前 -3.0 亿,有效税率 13.8%)后,实际主业盈利 261.6 亿元 → 实际市盈率 25.0x(表观市盈率因非主业净支出显得偏高 0.2x)。
年度账面盈利 vs 实际主业盈利(亿元,含 TTM)
账面净利润实际主业盈利
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| FY22 | FY23 | FY24 | FY25 | TTM | |
|---|---|---|---|---|---|
| 账面净利润 | 12.2 | 21.7 | 51.7 | 108.0 | 259.0 |
| 实际主业盈利 | 10.6 | 18.9 | 51.4 | 104.6 | 261.6 |
年度利润率
毛利率营业利润率税后营业利润率净利率
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| 毛利率 | 29.3% | 33.0% | 33.8% | 42.0% |
| 营业利润率 | 13.8% | 23.3% | 25.4% | 35.6% |
| 税后营业利润率 | 12.6% | 20.6% | 22.5% | 30.3% |
| 净利率 | 12.7% | 20.3% | 21.7% | 28.2% |
资本开支与自由现金流(亿元)
资本开支自由现金流
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| 资本开支 | 7.9 | 17.0 | 28.7 | 27.6 |
| 自由现金流 | 16.6 | 1.9 | 3.0 | 81.4 |
年度ROE 与 ROIC
ROEROIC三年增量 ROIC
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| ROE | 10.2% | 16.6% | 31.0% | 44.2% |
| ROIC | 12.4% | 19.6% | 36.6% | 60.0% |
| 三年增量 ROIC | 109.4% |
FY2025 ROIC 60.0% = 税后营业利润(NOPAT)115.8 亿元 ÷ 投入资本 192.9 亿元(杜邦拆解:税后营业利润率 30.3% × 投入资本周转率 1.98x);三年增量 ROIC 109.4%。
年度税后营业利润(NOPAT)与投入资本(亿元)
税后营业利润(NOPAT)投入资本
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| 税后营业利润(NOPAT) | 12.1 | 22.1 | 53.7 | 115.8 |
| 投入资本 | 98.1 | 112.6 | 146.9 | 192.9 |
| 科目 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 利润表 | ||||
| 营业收入IS_REVENUE | 96.4 | 107.2 | 238.6 | 382.4 |
| 营业成本IS_COGS | 68.2 | 71.8 | 158.0 | 221.7 |
| 毛利IS_GROSS_PROFIT | 28.3 | 35.4 | 80.7 | 160.7 |
| 研发费用IS_RND | 7.7 | 7.4 | 12.4 | 16.2 |
| 销售及管理费用IS_SGA | 6.0 | 5.6 | 8.8 | 9.9 |
| 财务费用IS_FIN_EXPENSE | -0.2 | -0.8 | -1.4 | 1.8 |
| 投资收益IS_INVEST_INCOME | 1.0 | 3.2 | -0.3 | 3.8 |
| 公允价值变动收益IS_FV_CHANGE | 0.5 | -0.0 | 0.7 | 0.1 |
| 营业利润IS_OPERATING_PROFIT | 13.3 | 24.9 | 60.5 | 136.0 |
| 税前利润IS_PRETAX_PROFIT | 13.5 | 24.9 | 60.5 | 136.0 |
| 所得税IS_TAX | 1.2 | 2.8 | 6.8 | 20.2 |
| 净利润IS_NET_PROFIT | 12.2 | 21.7 | 51.7 | 108.0 |
| 基本每股收益IS_EPS_BASIC | 1.54 | 2.00 | 4.72 | 9.80 |
| 摊薄每股收益IS_EPS_DILUTED | 1.54 | 1.97 | 4.63 | 9.71 |
| 资产负债表 | ||||
| 总资产BS_TOTAL_ASSETS | 165.6 | 200.1 | 288.7 | 452.9 |
| 流动资产BS_CURRENT_ASSETS | 95.9 | 113.2 | 182.0 | 310.8 |
| 现金及等价物BS_CASH | 28.3 | 33.2 | 50.5 | 109.9 |
| 短期投资(有价证券/定期存款)BS_ST_INVESTMENTS | 10.2 | 4.2 | 5.2 | 0.1 |
| 应收票据BS_NOTES_RECEIVABLE | 0.6 | 3.2 | 0.7 | 0.7 |
| 应收账款BS_AR | 15.1 | 25.8 | 46.0 | 62.8 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 0.6 | 0.4 | 0.5 | 0.6 |
| 存货BS_INVENTORY | 38.9 | 42.9 | 70.5 | 126.8 |
| 非流动资产BS_NONCURRENT_ASSETS | 69.7 | 86.9 | 106.7 | 142.0 |
| 固定资产净值BS_PPE_NET | 32.2 | 39.5 | 58.2 | 70.8 |
| 在建工程BS_CIP | 2.4 | 3.3 | 0.5 | 14.2 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 9.5 | 13.0 | 13.2 | 20.6 |
| 总负债BS_TOTAL_LIABILITIES | 44.9 | 52.3 | 85.7 | 136.7 |
| 流动负债BS_CURRENT_LIABILITIES | 32.6 | 43.6 | 65.0 | 115.6 |
| 一年内到期借款BS_ST_DEBT | 12.7 | 6.2 | 20.7 | 10.9 |
| 应付票据BS_NOTES_PAYABLE | 2.4 | 3.1 | 5.2 | 4.7 |
| 应付账款BS_AP | 11.4 | 18.6 | 29.9 | 73.3 |
| 合同负债BS_CONTRACT_LIAB | 0.2 | 0.0 | 0.1 | 0.3 |
| 长期借款BS_LT_DEBT | 7.0 | 3.2 | 6.1 | 5.1 |
| 股东权益BS_TOTAL_EQUITY | 119.5 | 142.6 | 191.3 | 297.7 |
| 少数股东权益BS_MINORITY_INTEREST | 1.2 | 5.1 | 11.6 | 18.6 |
| 现金流量表 | ||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 103.1 | 96.6 | 224.1 | 366.9 |
| 经营活动现金流CF_OPERATING | 24.5 | 19.0 | 31.6 | 109.0 |
| 折旧摊销CF_DEPRECIATION | 4.9 | 5.3 | 7.1 | 9.3 |
| 投资活动现金流CF_INVESTING | -15.5 | -11.8 | -29.4 | -26.2 |
| 资本开支CF_CAPEX | 7.9 | 17.0 | 28.7 | 27.6 |
| 筹资活动现金流CF_FINANCING | -16.4 | -3.2 | 14.9 | -21.4 |
| 派息CF_DIVIDEND | 2.3 | 2.1 | 4.0 | 10.8 |
| 汇率变动对现金的影响CF_FX | 0.6 | 0.2 | 0.4 | -1.8 |
| 期初现金CF_OPENING_CASH | 34.9 | 28.1 | 32.3 | 49.9 |
| 期末现金CF_ENDING_CASH | 28.1 | 32.3 | 49.9 | 109.4 |
| 财务指标 | ||||
| 毛利率GROSS_MARGIN | 29.3% | 33.0% | 33.8% | 42.0% |
| 营业利润率OPERATING_MARGIN | 13.8% | 23.3% | 25.4% | 35.6% |
| 净利率NET_MARGIN | 12.7% | 20.3% | 21.7% | 28.2% |
| 税后营业利润NOPAT | 12.1 | 22.1 | 53.7 | 115.8 |
| 税后营业利润率NOPAT_MARGIN | 12.6% | 20.6% | 22.5% | 30.3% |
| 投入资本INVESTED_CAPITAL | 98.1 | 112.6 | 146.9 | 192.9 |
| 投入资本周转率CAPITAL_TURNOVER | 0.98 | 0.95 | 1.62 | 1.98 |
| ROEROE | 10.2% | 16.6% | 31.0% | 44.2% |
| ROICROIC | 12.4% | 19.6% | 36.6% | 60.0% |
| 三年增量 ROICINCREMENTAL_ROIC_3Y | 109.4% | |||
| 资产负债率DEBT_RATIO | 27.1% | 26.2% | 29.7% | 30.2% |
| 经营现金流/净利润OCF_TO_PROFIT | 200.1% | 87.3% | 61.2% | 100.9% |
| 应计比率ACCRUAL_RATIO | -7.4% | 1.4% | 7.0% | -0.2% |
| 收现比CASH_TO_REVENUE | 106.9% | 90.1% | 93.9% | 95.9% |
| 营业外收支/税前利润NONOP_TO_PRETAX | 1.8% | -0.1% | 0.0% | 0.0% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | 11.7% | 12.8% | 0.6% | 2.9% |
| 自由现金流FCF | 16.6 | 1.9 | 3.0 | 81.4 |
| 自由现金流利润率FCF_MARGIN | 17.2% | 1.8% | 1.3% | 21.3% |
| 资本开支/折旧摊销CAPEX_TO_DA | 1.61 | 3.24 | 4.02 | 2.95 |
| 在建工程/固定资产净值CIP_TO_PPE | 7.3% | 8.3% | 0.9% | 20.1% |
| 固定资产周转率PPE_TURNOVER | 3.00 | 2.72 | 4.10 | 5.40 |
| 总资产周转率ASSET_TURNOVER | 0.58 | 0.59 | 0.98 | 1.03 |
| 权益乘数EQUITY_MULTIPLIER | 1.39 | 1.40 | 1.46 | 1.52 |
| 应收周转天数DSO | 61.5 | 100.4 | 72.2 | 61.2 |
| 存货周转天数DIO | 208.2 | 218.3 | 162.9 | 208.8 |
| 应付周转天数DPO | 73.8 | 110.0 | 81.1 | 128.4 |
| 现金转换周期CCC | 195.9 | 208.7 | 154.1 | 141.5 |
| 合同负债同比CONTRACT_LIAB_YOY | -88.4% | 283.5% | 163.3% | |
| 所有者盈余OWNER_EARNINGS | 19.6 | 13.7 | 24.5 | 99.6 |
| 股东回报(派息+回购)SHAREHOLDER_RETURN | 2.3 | 2.1 | 4.0 | 10.8 |
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 14.0% | 107.2% | 133.6% | 13.3% |
| 派息率PAYOUT_RATIO | 19.0% | 9.5% | 7.7% | 10.0% |
| 摊薄 EPS 同比EPS_DILUTED_GROWTH | 27.9% | 135.0% | 109.7% | |
勾稽校验(所示期间):12 项, 全部通过
季度营收(亿元)
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 营业收入 | 36.9 | 48.4 | 59.6 | 65.1 | 65.5 | 66.7 | 81.1 | 102.2 | 132.4 | 195.0 | 222.8 | 277.7 |
季度利润(亿元)
营业利润净利润
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 营业利润 | 10.3 | 11.7 | 15.6 | 16.8 | 16.4 | 19.9 | 28.9 | 39.6 | 47.6 | 75.4 | 97.0 | 106.1 |
| 净利润 | 8.8 | 10.1 | 13.5 | 13.9 | 14.2 | 15.8 | 24.1 | 31.4 | 36.7 | 57.3 | 79.2 | 85.9 |
滚动 TTM 市盈率对比:表观 vs 实际(倍,按当前市值折算)
表观市盈率(TTM)实际市盈率(TTM)
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| 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|
| 表观市盈率(TTM) | 126.2x | 113.6x | 95.9x | 76.3x | 60.5x | 43.7x | 31.9x | 25.2x |
| 实际市盈率(TTM) | 127.0x | 114.5x | 97.1x | 79.1x | 62.4x | 44.7x | 32.6x | 25.0x |
季度账面盈利 vs 实际主业盈利(亿元)
账面净利润实际主业盈利
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 账面净利润 | 8.8 | 10.1 | 13.5 | 13.9 | 14.2 | 15.8 | 24.1 | 31.4 | 36.7 | 57.3 | 79.2 | 85.9 |
| 实际主业盈利 | 6.3 | 10.0 | 13.5 | 13.9 | 14.0 | 15.6 | 23.7 | 29.2 | 36.1 | 57.1 | 77.8 | 90.7 |
季度利润率
毛利率营业利润率税后营业利润率净利率
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 毛利率 | 35.4% | 32.8% | 33.4% | 33.6% | 35.1% | 36.7% | 41.5% | 42.8% | 44.5% | 46.1% | 46.4% | 46.6% |
| 营业利润率 | 27.8% | 24.2% | 26.2% | 25.8% | 25.0% | 29.8% | 35.6% | 38.8% | 36.0% | 38.6% | 43.5% | 38.2% |
| 税后营业利润率 | 24.3% | 21.1% | 23.2% | 22.5% | 22.9% | 25.3% | 31.4% | 32.6% | 30.3% | 32.4% | 37.8% | 33.7% |
| 净利率 | 23.8% | 20.8% | 22.7% | 21.4% | 21.7% | 23.7% | 29.7% | 30.7% | 27.7% | 29.4% | 35.5% | 30.9% |
资本开支与自由现金流(亿元)
资本开支自由现金流
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 资本开支 | 10.3 | 7.0 | 5.5 | 7.8 | 8.3 | 4.0 | 5.5 | 6.6 | 11.5 | 19.3 | 28.7 | 43.6 |
| 自由现金流 | -5.7 | -0.5 | -2.4 | -4.3 | 10.2 | 17.6 | 5.0 | 15.8 | 43.0 | 14.4 | -44.4 | 18.5 |
季度ROE 与 ROIC
ROEROIC
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.2% | 6.4% | 8.3% | 7.9% | 7.4% | 7.6% | 10.6% | 11.9% | 12.3% | 16.1% | 19.9% | 9.1% |
| ROIC | 8.0% | 8.1% | 10.3% | 10.3% | 10.2% | 11.9% | 15.3% | 16.9% | 20.8% | 26.4% | 24.8% | 22.7% |
FY2026Q3 ROIC 22.7% = 税后营业利润(NOPAT)93.7 亿元 ÷ 投入资本 413.2 亿元(杜邦拆解:税后营业利润率 33.7% × 投入资本周转率 2.69x)。
季度税后营业利润(NOPAT)与投入资本(亿元)
税后营业利润(NOPAT)投入资本
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 税后营业利润(NOPAT) | 9.0 | 10.2 | 13.8 | 14.6 | 15.0 | 16.9 | 25.5 | 33.3 | 40.1 | 63.2 | 84.2 | 93.7 |
| 投入资本 | 112.6 | 126.1 | 133.7 | 142.5 | 146.9 | 142.0 | 166.2 | 196.7 | 192.9 | 239.1 | 339.5 | 413.2 |
| 科目 | 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 利润表 | ||||||||||||
| 营业收入IS_REVENUE | 36.9 | 48.4 | 59.6 | 65.1 | 65.5 | 66.7 | 81.1 | 102.2 | 132.4 | 195.0 | 222.8 | 277.7 |
| 营业成本IS_COGS | 23.8 | 32.6 | 39.6 | 43.2 | 42.5 | 42.2 | 47.5 | 58.4 | 73.5 | 105.2 | 119.4 | 148.3 |
| 毛利IS_GROSS_PROFIT | 13.0 | 15.9 | 19.9 | 21.9 | 23.0 | 24.5 | 33.7 | 43.7 | 58.9 | 89.8 | 103.4 | 129.4 |
| 研发费用IS_RND | 2.7 | 2.6 | 2.7 | 2.2 | 5.0 | 2.9 | 3.0 | 3.6 | 6.7 | 6.4 | 5.1 | 7.1 |
| 销售及管理费用IS_SGA | 1.9 | 1.7 | 2.2 | 2.1 | 2.7 | 2.0 | 1.9 | 2.8 | 3.2 | 4.9 | 4.4 | 4.3 |
| 财务费用IS_FIN_EXPENSE | -0.2 | -0.3 | -0.4 | 0.7 | -1.5 | -0.2 | -0.2 | 0.8 | 1.4 | 2.5 | 3.1 | 5.7 |
| 投资收益IS_INVEST_INCOME | 2.9 | 0.0 | 0.0 | 0.0 | -0.4 | 0.2 | 0.4 | 2.6 | 0.5 | 0.3 | 1.6 | 0.4 |
| 公允价值变动收益IS_FV_CHANGE | -0.0 | -0.0 | -0.0 | 0.0 | 0.7 | 0.0 | -0.0 | -0.0 | 0.2 | -5.9 | ||
| 营业利润IS_OPERATING_PROFIT | 10.3 | 11.7 | 15.6 | 16.8 | 16.4 | 19.9 | 28.9 | 39.6 | 47.6 | 75.4 | 97.0 | 106.1 |
| 税前利润IS_PRETAX_PROFIT | 10.2 | 11.8 | 15.5 | 16.8 | 16.4 | 19.9 | 28.9 | 39.6 | 47.6 | 75.4 | 96.9 | 106.1 |
| 所得税IS_TAX | 1.3 | 1.5 | 1.7 | 2.2 | 1.4 | 3.0 | 3.4 | 6.3 | 7.5 | 12.2 | 12.8 | 12.5 |
| 净利润IS_NET_PROFIT | 8.8 | 10.1 | 13.5 | 13.9 | 14.2 | 15.8 | 24.1 | 31.4 | 36.7 | 57.3 | 79.2 | 85.9 |
| 基本每股收益IS_EPS_BASIC | 0.93 | 1.44 | 5.18 | |||||||||
| 摊薄每股收益IS_EPS_DILUTED | 0.91 | 1.43 | 5.14 | |||||||||
| 资产负债表 | ||||||||||||
| 总资产BS_TOTAL_ASSETS | 200.1 | 223.4 | 244.2 | 271.2 | 288.7 | 315.8 | 347.9 | 397.3 | 452.9 | 565.8 | 689.4 | 1,297.5 |
| 流动资产BS_CURRENT_ASSETS | 113.2 | 133.2 | 147.2 | 166.8 | 182.0 | 205.8 | 233.0 | 264.9 | 310.8 | 401.3 | 467.1 | 1,005.0 |
| 现金及等价物BS_CASH | 33.2 | 36.5 | 32.7 | 34.2 | 50.5 | 71.2 | 71.8 | 77.9 | 109.9 | 122.1 | 64.0 | 535.3 |
| 短期投资(有价证券/定期存款)BS_ST_INVESTMENTS | 4.2 | 3.9 | 3.2 | 3.4 | 5.2 | 1.1 | 0.1 | 0.1 | 0.1 | 0.1 | 25.3 | 22.8 |
| 应收票据BS_NOTES_RECEIVABLE | 3.2 | 3.0 | 2.8 | 2.0 | 0.7 | 1.1 | 1.0 | 0.7 | 0.7 | 1.1 | 0.9 | 0.5 |
| 应收账款BS_AR | 25.8 | 33.0 | 39.8 | 47.1 | 46.0 | 48.1 | 63.4 | 66.9 | 62.8 | 95.4 | 150.0 | 173.1 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 0.4 | 0.4 | 0.4 | 1.2 | 0.5 | 0.8 | 0.9 | 1.4 | 0.6 | 1.1 | 0.9 | 1.3 |
| 存货BS_INVENTORY | 42.9 | 52.1 | 61.7 | 71.5 | 70.5 | 78.2 | 91.7 | 109.0 | 126.8 | 156.7 | 198.3 | 238.8 |
| 非流动资产BS_NONCURRENT_ASSETS | 86.9 | 90.2 | 97.0 | 104.4 | 106.7 | 110.1 | 114.9 | 132.3 | 142.0 | 164.6 | 222.3 | 292.6 |
| 固定资产净值BS_PPE_NET | 39.5 | 42.6 | 47.4 | 51.4 | 58.2 | 59.1 | 61.1 | 65.1 | 70.8 | 79.1 | 98.2 | 124.6 |
| 在建工程BS_CIP | 3.3 | 3.2 | 3.1 | 4.0 | 0.5 | 1.6 | 1.1 | 9.8 | 14.2 | 23.6 | 37.1 | 55.0 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 13.0 | 13.0 | 13.4 | 13.4 | 13.2 | 15.1 | 16.3 | 18.1 | 20.6 | 21.1 | 21.3 | 40.9 |
| 总负债BS_TOTAL_LIABILITIES | 52.3 | 56.8 | 72.8 | 84.4 | 85.7 | 96.0 | 105.4 | 117.1 | 136.7 | 184.7 | 248.8 | 304.4 |
| 流动负债BS_CURRENT_LIABILITIES | 43.6 | 45.4 | 53.9 | 69.4 | 65.0 | 74.7 | 79.7 | 91.1 | 115.6 | 163.0 | 182.6 | 237.5 |
| 一年内到期借款BS_ST_DEBT | 6.2 | 7.1 | 9.4 | 19.8 | 20.7 | 21.4 | 17.9 | 6.9 | 10.9 | 11.3 | 12.5 | 12.1 |
| 应付票据BS_NOTES_PAYABLE | 3.1 | 3.3 | 4.3 | 5.4 | 5.2 | 4.4 | 4.2 | 4.5 | 4.7 | 5.0 | 5.3 | 6.9 |
| 应付账款BS_AP | 18.6 | 27.0 | 32.7 | 34.9 | 29.9 | 38.5 | 45.7 | 56.3 | 73.3 | 103.5 | 120.3 | 139.8 |
| 合同负债BS_CONTRACT_LIAB | 0.0 | 0.0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.5 | 0.2 | 0.1 |
| 长期借款BS_LT_DEBT | 3.2 | 5.6 | 4.6 | 0.0 | 6.1 | 6.1 | 9.8 | 10.7 | 5.1 | 5.3 | 4.9 | 4.9 |
| 股东权益BS_TOTAL_EQUITY | 142.6 | 157.0 | 161.8 | 176.6 | 191.3 | 207.1 | 228.2 | 263.9 | 297.7 | 355.9 | 398.6 | 943.6 |
| 少数股东权益BS_MINORITY_INTEREST | 5.1 | 9.5 | 9.6 | 10.2 | 11.6 | 12.7 | 14.3 | 16.3 | 18.6 | 25.3 | 42.1 | 49.5 |
| 现金流量表 | ||||||||||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 30.7 | 48.5 | 45.8 | 59.1 | 70.6 | 65.1 | 66.4 | 99.4 | 136.0 | 162.1 | 166.4 | 256.5 |
| 经营活动现金流CF_OPERATING | 4.5 | 6.5 | 3.2 | 3.5 | 18.5 | 21.6 | 10.5 | 22.4 | 54.4 | 33.7 | -15.7 | 62.1 |
| 投资活动现金流CF_INVESTING | -11.1 | -6.7 | -5.4 | -8.0 | -9.4 | -1.5 | -5.4 | -6.1 | -13.1 | -19.5 | -48.7 | -56.0 |
| 资本开支CF_CAPEX | 10.3 | 7.0 | 5.5 | 7.8 | 8.3 | 4.0 | 5.5 | 6.6 | 11.5 | 19.3 | 28.7 | 43.6 |
| 筹资活动现金流CF_FINANCING | -3.7 | 3.4 | -1.2 | 6.0 | 6.7 | 0.5 | -4.2 | -9.8 | -8.0 | 0.1 | 8.3 | 471.1 |
| 派息CF_DIVIDEND | 0.1 | 0.1 | 3.6 | 0.1 | 0.1 | 0.1 | 5.8 | 0.2 | 4.8 | 0.1 | 11.2 | 3.8 |
| 汇率变动对现金的影响CF_FX | -0.4 | 0.1 | -0.0 | -0.3 | 0.6 | -0.1 | -0.1 | -0.4 | -1.3 | -1.9 | -2.1 | -5.9 |
| 期初现金CF_OPENING_CASH | 32.3 | 49.9 | 109.4 | |||||||||
| 期末现金CF_ENDING_CASH | 35.7 | 70.5 | 121.8 | |||||||||
| 财务指标 | ||||||||||||
| 毛利率GROSS_MARGIN | 35.4% | 32.8% | 33.4% | 33.6% | 35.1% | 36.7% | 41.5% | 42.8% | 44.5% | 46.1% | 46.4% | 46.6% |
| 营业利润率OPERATING_MARGIN | 27.8% | 24.2% | 26.2% | 25.8% | 25.0% | 29.8% | 35.6% | 38.8% | 36.0% | 38.6% | 43.5% | 38.2% |
| 净利率NET_MARGIN | 23.8% | 20.8% | 22.7% | 21.4% | 21.7% | 23.7% | 29.7% | 30.7% | 27.7% | 29.4% | 35.5% | 30.9% |
| 税后营业利润NOPAT | 9.0 | 10.2 | 13.8 | 14.6 | 15.0 | 16.9 | 25.5 | 33.3 | 40.1 | 63.2 | 84.2 | 93.7 |
| 税后营业利润率NOPAT_MARGIN | 24.3% | 21.1% | 23.2% | 22.5% | 22.9% | 25.3% | 31.4% | 32.6% | 30.3% | 32.4% | 37.8% | 33.7% |
| 投入资本INVESTED_CAPITAL | 112.6 | 126.1 | 133.7 | 142.5 | 146.9 | 142.0 | 166.2 | 196.7 | 192.9 | 239.1 | 339.5 | 413.2 |
| 投入资本周转率CAPITAL_TURNOVER | 1.31 | 1.54 | 1.78 | 1.83 | 1.78 | 1.88 | 1.95 | 2.08 | 2.74 | 3.26 | 2.63 | 2.69 |
| ROEROE | 6.2% | 6.4% | 8.3% | 7.9% | 7.4% | 7.6% | 10.6% | 11.9% | 12.3% | 16.1% | 19.9% | 9.1% |
| ROICROIC | 8.0% | 8.1% | 10.3% | 10.3% | 10.2% | 11.9% | 15.3% | 16.9% | 20.8% | 26.4% | 24.8% | 22.7% |
| 资产负债率DEBT_RATIO | 26.2% | 25.4% | 29.8% | 31.1% | 29.7% | 30.4% | 30.3% | 29.5% | 30.2% | 32.6% | 36.1% | 23.5% |
| 经营现金流/净利润OCF_TO_PROFIT | 51.8% | 64.5% | 23.5% | 24.9% | 130.3% | 136.7% | 43.7% | 71.3% | 148.5% | 58.7% | -19.8% | 72.3% |
| 应计比率ACCRUAL_RATIO | 2.1% | 1.6% | 4.2% | 3.9% | -1.5% | -1.8% | 3.9% | 2.3% | -3.9% | 4.2% | 13.8% | 1.8% |
| 收现比CASH_TO_REVENUE | 83.1% | 100.2% | 77.0% | 90.7% | 107.8% | 97.6% | 81.8% | 97.3% | 102.7% | 83.1% | 74.7% | 92.4% |
| 营业外收支/税前利润NONOP_TO_PRETAX | -0.2% | 0.5% | -0.3% | 0.1% | 0.0% | 0.1% | 0.1% | -0.1% | 0.0% | 0.0% | -0.0% | -0.0% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | 28.3% | 0.2% | 0.2% | 0.3% | 1.4% | 1.1% | 1.5% | 6.6% | 1.4% | 0.4% | 1.7% | -5.2% |
| 自由现金流FCF | -5.7 | -0.5 | -2.4 | -4.3 | 10.2 | 17.6 | 5.0 | 15.8 | 43.0 | 14.4 | -44.4 | 18.5 |
| 自由现金流利润率FCF_MARGIN | -15.6% | -1.1% | -4.0% | -6.6% | 15.5% | 26.4% | 6.2% | 15.4% | 32.5% | 7.4% | -19.9% | 6.7% |
| 在建工程/固定资产净值CIP_TO_PPE | 8.3% | 7.6% | 6.6% | 7.7% | 0.9% | 2.6% | 1.8% | 15.1% | 20.1% | 29.8% | 37.7% | 44.1% |
| 固定资产周转率PPE_TURNOVER | 3.74 | 4.55 | 5.02 | 5.07 | 4.50 | 4.52 | 5.31 | 6.28 | 7.48 | 9.86 | 9.07 | 8.92 |
| 应收周转天数DSO | 73.0 | 68.4 | 66.0 | 70.3 | 65.8 | 68.3 | 73.5 | 61.7 | 44.2 | 45.6 | 62.2 | 57.5 |
| 存货周转天数DIO | 164.4 | 146.0 | 142.0 | 151.0 | 151.3 | 168.9 | 176.2 | 170.2 | 157.5 | 136.0 | 151.5 | 147.0 |
| 应付周转天数DPO | 82.8 | 85.0 | 85.1 | 85.1 | 75.3 | 92.6 | 95.8 | 95.0 | 96.9 | 94.2 | 96.1 | 90.2 |
| 现金转换周期CCC | 154.6 | 129.4 | 122.9 | 136.2 | 141.8 | 144.6 | 153.9 | 136.9 | 104.8 | 87.5 | 117.7 | 114.2 |
| 合同负债同比CONTRACT_LIAB_YOY | -49.7% | 424.0% | 283.5% | 214.8% | -42.8% | -25.6% | 163.3% | 213.1% | 213.4% | -6.2% | ||
| 股东回报(派息+回购)SHAREHOLDER_RETURN | 0.1 | 0.1 | 3.6 | 0.1 | 0.1 | 0.1 | 5.8 | 0.2 | 4.8 | 0.1 | 11.2 | 3.8 |
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 1.2% | 0.8% | 115.0% | 1.0% | 11.1% | 0.7% | 20.3% | |||||
| 派息率PAYOUT_RATIO | 1.2% | 1.4% | 27.0% | 0.6% | 0.8% | 0.9% | 23.9% | 0.5% | 13.0% | 0.2% | 14.2% | 4.4% |
勾稽校验(所示期间):27 项, 全部通过