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 | 33.1 | 31.0 | 86.5 | 248.4 |
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 | 10.3 | 7.8 | 32.3 | 108.6 |
| 净利润 | 9.0 | 6.9 | 28.4 | 95.3 |
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) | 96.3x | 28.7x | 18.8x |
| 实际市盈率(主业口径) | 96.2x | 28.7x | 19.0x |
最新滚动 12 个月(FY2025Q4–FY2026Q3):总市值 2,733.7 亿元;账面净利润 145.8 亿元 → 表观市盈率 18.8x;剔除税后非主业净收益 2.0 亿元(投资收益与公允价值变动税前 2.4 亿,有效税率 15.5%)后,实际主业盈利 143.7 亿元 → 实际市盈率 19.0x(表观市盈率被非主业收益拉低 0.3x)。
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 | 9.0 | 6.9 | 28.4 | 95.3 | 145.8 |
| 实际主业盈利 | 8.1 | 7.0 | 28.4 | 95.3 | 143.7 |
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 | 36.7% | 31.0% | 44.7% | 47.8% |
| 营业利润率 | 31.0% | 25.3% | 37.4% | 43.7% |
| 税后营业利润率 | 27.3% | 22.1% | 32.8% | 38.4% |
| 净利率 | 27.3% | 22.2% | 32.8% | 38.4% |
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 | 3.6 | 5.5 | 14.8 | 13.2 |
| 自由现金流 | 4.7 | 6.9 | -8.4 | 63.8 |
年度ROE 与 ROIC
ROEROIC三年增量 ROIC
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| ROE | 18.7% | 13.4% | 41.1% | 72.6% |
| ROIC | 29.7% | 23.2% | 42.1% | 97.8% |
| 三年增量 ROIC | 128.6% |
FY2025 ROIC 97.8% = 税后营业利润(NOPAT)95.5 亿元 ÷ 投入资本 97.7 亿元(杜邦拆解:税后营业利润率 38.4% × 投入资本周转率 2.54x);三年增量 ROIC 128.6%。
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) | 9.0 | 6.8 | 28.4 | 95.5 |
| 投入资本 | 30.4 | 29.5 | 67.3 | 97.7 |
| 科目 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 利润表 | ||||
| 营业收入IS_REVENUE | 33.1 | 31.0 | 86.5 | 248.4 |
| 营业成本IS_COGS | 21.0 | 21.4 | 47.8 | 129.7 |
| 毛利IS_GROSS_PROFIT | 12.1 | 9.6 | 38.7 | 118.8 |
| 研发费用IS_RND | 1.9 | 1.3 | 4.0 | 7.0 |
| 销售及管理费用IS_SGA | 1.4 | 1.1 | 2.7 | 3.9 |
| 财务费用IS_FIN_EXPENSE | -1.2 | -1.1 | -1.8 | -3.2 |
| 投资收益IS_INVEST_INCOME | 1.1 | 0.0 | 0.0 | 0.0 |
| 公允价值变动收益IS_FV_CHANGE | -0.0 | -0.1 | -0.1 | -0.1 |
| 营业利润IS_OPERATING_PROFIT | 10.3 | 7.8 | 32.3 | 108.6 |
| 税前利润IS_PRETAX_PROFIT | 10.3 | 7.9 | 32.3 | 108.7 |
| 所得税IS_TAX | 1.2 | 1.0 | 4.0 | 13.1 |
| 净利润IS_NET_PROFIT | 9.0 | 6.9 | 28.4 | 95.3 |
| 基本每股收益IS_EPS_BASIC | 1.27 | 0.97 | 2.86 | 9.61 |
| 摊薄每股收益IS_EPS_DILUTED | 1.27 | 0.97 | 2.86 | 9.57 |
| 资产负债表 | ||||
| 总资产BS_TOTAL_ASSETS | 58.8 | 64.4 | 122.7 | 258.8 |
| 流动资产BS_CURRENT_ASSETS | 42.1 | 43.4 | 89.3 | 205.2 |
| 现金及等价物BS_CASH | 17.8 | 25.2 | 16.0 | 81.6 |
| 应收票据BS_NOTES_RECEIVABLE | 0.3 | 0.3 | 0.1 | 0.0 |
| 应收账款BS_AR | 6.6 | 7.2 | 25.4 | 44.4 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 0.4 | 0.0 | 0.1 | 0.1 |
| 存货BS_INVENTORY | 14.7 | 9.6 | 41.3 | 72.3 |
| 非流动资产BS_NONCURRENT_ASSETS | 16.7 | 21.0 | 33.4 | 53.7 |
| 固定资产净值BS_PPE_NET | 6.6 | 13.1 | 20.2 | 33.5 |
| 在建工程BS_CIP | 3.7 | 0.5 | 4.0 | 3.3 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 0.8 | 0.6 | 0.4 | 0.5 |
| 总负债BS_TOTAL_LIABILITIES | 10.5 | 9.7 | 39.4 | 78.2 |
| 流动负债BS_CURRENT_LIABILITIES | 9.3 | 8.7 | 38.2 | 69.0 |
| 一年内到期借款BS_ST_DEBT | 0.0 | 0.0 | 0.0 | 0.0 |
| 应付票据BS_NOTES_PAYABLE | 1.7 | 0.3 | 6.5 | 15.5 |
| 应付账款BS_AP | 4.4 | 6.0 | 21.9 | 37.3 |
| 合同负债BS_CONTRACT_LIAB | 0.2 | 0.1 | 0.1 | 0.9 |
| 长期借款BS_LT_DEBT | 0.0 | 0.0 | 0.0 | 0.0 |
| 股东权益BS_TOTAL_EQUITY | 48.3 | 54.7 | 83.3 | 179.2 |
| 少数股东权益BS_MINORITY_INTEREST | 1.4 | |||
| 现金流量表 | ||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 33.5 | 30.4 | 69.9 | 232.2 |
| 经营活动现金流CF_OPERATING | 8.3 | 12.5 | 6.4 | 77.0 |
| 折旧摊销CF_DEPRECIATION | 1.0 | 1.3 | 2.1 | 4.0 |
| 投资活动现金流CF_INVESTING | -6.4 | -4.5 | -15.0 | -13.6 |
| 资本开支CF_CAPEX | 3.6 | 5.5 | 14.8 | 13.2 |
| 筹资活动现金流CF_FINANCING | -0.4 | -0.7 | -1.2 | -2.0 |
| 派息CF_DIVIDEND | 0.6 | 0.6 | 1.1 | 3.2 |
| 汇率变动对现金的影响CF_FX | 0.4 | 0.2 | 0.2 | 1.9 |
| 期初现金CF_OPENING_CASH | 15.5 | 17.4 | 25.0 | 15.4 |
| 期末现金CF_ENDING_CASH | 17.4 | 25.0 | 15.4 | 78.7 |
| 财务指标 | ||||
| 毛利率GROSS_MARGIN | 36.7% | 31.0% | 44.7% | 47.8% |
| 营业利润率OPERATING_MARGIN | 31.0% | 25.3% | 37.4% | 43.7% |
| 净利率NET_MARGIN | 27.3% | 22.2% | 32.8% | 38.4% |
| 税后营业利润NOPAT | 9.0 | 6.8 | 28.4 | 95.5 |
| 税后营业利润率NOPAT_MARGIN | 27.3% | 22.1% | 32.8% | 38.4% |
| 投入资本INVESTED_CAPITAL | 30.4 | 29.5 | 67.3 | 97.7 |
| 投入资本周转率CAPITAL_TURNOVER | 1.09 | 1.05 | 1.29 | 2.54 |
| ROEROE | 18.7% | 13.4% | 41.1% | 72.6% |
| ROICROIC | 29.7% | 23.2% | 42.1% | 97.8% |
| 三年增量 ROICINCREMENTAL_ROIC_3Y | 128.6% | |||
| 资产负债率DEBT_RATIO | 17.8% | 15.1% | 32.1% | 30.2% |
| 经营现金流/净利润OCF_TO_PROFIT | 92.0% | 181.0% | 22.6% | 80.8% |
| 应计比率ACCRUAL_RATIO | 1.2% | -8.7% | 17.9% | 7.1% |
| 收现比CASH_TO_REVENUE | 101.2% | 98.1% | 80.9% | 93.5% |
| 营业外收支/税前利润NONOP_TO_PRETAX | 0.0% | 0.5% | 0.1% | 0.1% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | 9.9% | -1.5% | -0.2% | -0.1% |
| 自由现金流FCF | 4.7 | 6.9 | -8.4 | 63.8 |
| 自由现金流利润率FCF_MARGIN | 14.1% | 22.3% | -9.7% | 25.7% |
| 资本开支/折旧摊销CAPEX_TO_DA | 3.75 | 4.23 | 7.04 | 3.31 |
| 在建工程/固定资产净值CIP_TO_PPE | 56.2% | 3.8% | 19.6% | 9.7% |
| 固定资产周转率PPE_TURNOVER | 5.01 | 2.36 | 4.28 | 7.41 |
| 总资产周转率ASSET_TURNOVER | 0.56 | 0.50 | 0.92 | 1.30 |
| 权益乘数EQUITY_MULTIPLIER | 1.22 | 1.20 | 1.36 | 1.45 |
| 应收周转天数DSO | 81.3 | 87.6 | 108.0 | 65.4 |
| 存货周转天数DIO | 255.7 | 164.5 | 315.5 | 203.6 |
| 应付周转天数DPO | 105.3 | 108.0 | 217.2 | 148.5 |
| 现金转换周期CCC | 231.7 | 144.0 | 206.3 | 120.6 |
| 合同负债同比CONTRACT_LIAB_YOY | -44.8% | -29.2% | 831.1% | |
| 所有者盈余OWNER_EARNINGS | 7.3 | 11.1 | 4.3 | 73.0 |
| 股东回报(派息+回购)SHAREHOLDER_RETURN | 0.6 | 0.6 | 1.1 | 3.2 |
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 12.3% | 9.2% | 5.0% | |
| 派息率PAYOUT_RATIO | 6.3% | 9.3% | 3.9% | 3.3% |
| 摊薄 EPS 同比EPS_DILUTED_GROWTH | -23.6% | 194.8% | 234.6% | |
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 | 10.1 | 11.1 | 16.1 | 24.0 | 35.2 | 40.5 | 63.8 | 60.7 | 83.4 | 83.4 | 125.7 | 109.4 |
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 | 3.0 | 3.7 | 6.1 | 8.9 | 13.6 | 17.7 | 26.7 | 26.0 | 38.1 | 32.4 | 54.4 | 48.9 |
| 净利润 | 2.6 | 3.2 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.8 | 32.0 | 27.8 | 47.5 | 38.4 |
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) | 96.3x | 66.9x | 46.2x | 36.4x | 28.7x | 25.5x | 20.8x | 18.8x |
| 实际市盈率(TTM) | 96.2x | 66.9x | 46.2x | 36.4x | 28.7x | 25.5x | 20.8x | 19.0x |
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 | 2.6 | 3.2 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.8 | 32.0 | 27.8 | 47.5 | 38.4 |
| 实际主业盈利 | 2.7 | 3.3 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.8 | 32.1 | 27.8 | 47.4 | 36.5 |
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 | 36.8% | 42.0% | 43.8% | 41.5% | 48.2% | 48.7% | 46.6% | 46.9% | 48.9% | 49.2% | 48.0% | 46.3% |
| 营业利润率 | 29.9% | 33.4% | 37.7% | 37.0% | 38.8% | 43.7% | 41.8% | 42.9% | 45.7% | 38.9% | 43.3% | 44.7% |
| 税后营业利润率 | 25.5% | 29.1% | 33.4% | 32.5% | 33.9% | 38.8% | 37.1% | 39.3% | 38.7% | 33.2% | 38.1% | 35.6% |
| 净利率 | 25.6% | 29.2% | 33.5% | 32.5% | 33.9% | 38.8% | 37.1% | 39.3% | 38.4% | 33.3% | 37.8% | 35.1% |
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 | 2.2 | 1.5 | 2.3 | 3.9 | 7.0 | 1.9 | 3.6 | 3.6 | 4.2 | 6.3 | 6.3 | 5.4 |
| 自由现金流 | 1.5 | 0.1 | -6.9 | 1.8 | -3.4 | 0.1 | 4.0 | 33.3 | 26.5 | 0.5 | 3.0 | -6.9 |
季度ROE 与 ROIC
ROEROIC
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.7% | 5.6% | 8.7% | 11.0% | 14.3% | 15.8% | 19.6% | 16.4% | 17.9% | 13.6% | 19.5% | 13.7% |
| ROIC | 8.7% | 9.9% | 12.3% | 15.1% | 17.7% | 19.2% | 23.5% | 26.3% | 33.0% | 22.2% | 28.1% | 18.2% |
FY2026Q3 ROIC 18.2% = 税后营业利润(NOPAT)39.0 亿元 ÷ 投入资本 213.8 亿元(杜邦拆解:税后营业利润率 35.6% × 投入资本周转率 2.05x)。
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) | 2.6 | 3.2 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.9 | 32.2 | 27.7 | 47.9 | 39.0 |
| 投入资本 | 29.5 | 32.7 | 44.0 | 51.8 | 67.3 | 81.8 | 100.5 | 90.9 | 97.7 | 124.6 | 170.6 | 213.8 |
| 科目 | 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 利润表 | ||||||||||||
| 营业收入IS_REVENUE | 10.1 | 11.1 | 16.1 | 24.0 | 35.2 | 40.5 | 63.8 | 60.7 | 83.4 | 83.4 | 125.7 | 109.4 |
| 营业成本IS_COGS | 6.4 | 6.5 | 9.1 | 14.0 | 18.2 | 20.8 | 34.1 | 32.2 | 42.6 | 42.4 | 65.4 | 58.8 |
| 毛利IS_GROSS_PROFIT | 3.7 | 4.7 | 7.1 | 10.0 | 16.9 | 19.7 | 29.8 | 28.5 | 40.8 | 41.0 | 60.3 | 50.6 |
| 研发费用IS_RND | 0.3 | 0.5 | 0.8 | 0.7 | 2.0 | 1.2 | 2.2 | 1.7 | 2.0 | 1.2 | 3.2 | 1.6 |
| 销售及管理费用IS_SGA | 0.3 | 0.5 | 0.6 | 0.6 | 1.0 | 1.0 | 1.1 | 1.0 | 0.8 | 1.0 | 1.3 | 0.8 |
| 财务费用IS_FIN_EXPENSE | -0.0 | -0.2 | -0.5 | -0.2 | -0.9 | -0.3 | -1.7 | -0.5 | -0.6 | 5.2 | 1.2 | 1.5 |
| 投资收益IS_INVEST_INCOME | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 |
| 公允价值变动收益IS_FV_CHANGE | -0.1 | -0.0 | -0.0 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | -0.1 | 0.0 | 0.0 | 2.3 |
| 营业利润IS_OPERATING_PROFIT | 3.0 | 3.7 | 6.1 | 8.9 | 13.6 | 17.7 | 26.7 | 26.0 | 38.1 | 32.4 | 54.4 | 48.9 |
| 税前利润IS_PRETAX_PROFIT | 3.0 | 3.7 | 6.1 | 8.9 | 13.6 | 17.7 | 26.8 | 26.0 | 38.2 | 32.5 | 54.4 | 48.9 |
| 所得税IS_TAX | 0.4 | 0.5 | 0.7 | 1.1 | 1.7 | 2.0 | 3.1 | 2.2 | 5.9 | 4.7 | 6.5 | 9.9 |
| 净利润IS_NET_PROFIT | 2.6 | 3.2 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.8 | 32.0 | 27.8 | 47.5 | 38.4 |
| 基本每股收益IS_EPS_BASIC | 0.46 | 2.22 | 2.80 | |||||||||
| 摊薄每股收益IS_EPS_DILUTED | 0.46 | 2.22 | 2.79 | |||||||||
| 资产负债表 | ||||||||||||
| 总资产BS_TOTAL_ASSETS | 64.4 | 73.5 | 83.0 | 98.2 | 122.7 | 148.5 | 180.7 | 213.6 | 258.8 | 297.4 | 366.5 | 446.7 |
| 流动资产BS_CURRENT_ASSETS | 43.4 | 51.2 | 58.8 | 69.1 | 89.3 | 110.7 | 138.1 | 165.3 | 205.2 | 239.7 | 283.1 | 352.1 |
| 现金及等价物BS_CASH | 25.2 | 25.3 | 18.4 | 19.0 | 16.0 | 17.5 | 20.4 | 54.4 | 81.6 | 79.2 | 72.4 | 65.8 |
| 短期投资(有价证券/定期存款)BS_ST_INVESTMENTS | 2.7 | |||||||||||
| 应收票据BS_NOTES_RECEIVABLE | 0.3 | 1.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.2 | 0.1 | 0.0 |
| 应收账款BS_AR | 7.2 | 8.3 | 15.4 | 15.6 | 25.4 | 30.7 | 50.2 | 39.9 | 44.4 | 55.7 | 75.5 | 74.9 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 |
| 存货BS_INVENTORY | 9.6 | 15.1 | 22.4 | 30.3 | 41.3 | 54.6 | 59.4 | 66.0 | 72.3 | 90.3 | 116.6 | 174.1 |
| 非流动资产BS_NONCURRENT_ASSETS | 21.0 | 22.3 | 24.2 | 29.1 | 33.4 | 37.8 | 42.7 | 48.2 | 53.7 | 57.6 | 83.4 | 94.6 |
| 固定资产净值BS_PPE_NET | 13.1 | 13.8 | 15.1 | 18.4 | 20.2 | 22.8 | 26.7 | 28.7 | 33.5 | 34.8 | 41.1 | 50.1 |
| 在建工程BS_CIP | 0.5 | 0.9 | 1.4 | 1.6 | 4.0 | 3.5 | 2.7 | 3.7 | 3.3 | 4.7 | 5.6 | 6.3 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 0.6 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.3 |
| 总负债BS_TOTAL_LIABILITIES | 9.7 | 15.6 | 20.6 | 27.4 | 39.4 | 49.2 | 59.8 | 68.3 | 78.2 | 92.3 | 121.8 | 164.8 |
| 流动负债BS_CURRENT_LIABILITIES | 8.7 | 14.3 | 19.4 | 25.7 | 38.2 | 48.1 | 58.6 | 67.1 | 69.0 | 82.3 | 108.7 | 153.3 |
| 一年内到期借款BS_ST_DEBT | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| 应付票据BS_NOTES_PAYABLE | 0.3 | 1.3 | 2.9 | 4.6 | 6.5 | 9.2 | 11.9 | 13.7 | 15.5 | 15.1 | 22.3 | 28.8 |
| 应付账款BS_AP | 6.0 | 9.6 | 12.0 | 17.1 | 21.9 | 25.9 | 28.2 | 34.0 | 37.3 | 51.4 | 71.3 | 104.6 |
| 合同负债BS_CONTRACT_LIAB | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.9 | 2.9 | 2.2 | 3.0 |
| 长期借款BS_LT_DEBT | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 股东权益BS_TOTAL_EQUITY | 54.7 | 58.0 | 62.4 | 70.8 | 83.3 | 99.3 | 120.9 | 145.2 | 179.2 | 203.8 | 243.0 | 279.6 |
| 少数股东权益BS_MINORITY_INTEREST | 1.4 | 1.3 | 1.7 | 2.3 | ||||||||
| 现金流量表 | ||||||||||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 8.2 | 12.3 | 10.6 | 29.7 | 17.3 | 37.0 | 57.9 | 56.9 | 80.3 | 73.2 | 107.7 | 113.5 |
| 经营活动现金流CF_OPERATING | 3.7 | 1.7 | -4.6 | 5.8 | 3.6 | 2.0 | 7.5 | 36.8 | 30.6 | 6.8 | 9.3 | -1.5 |
| 投资活动现金流CF_INVESTING | -2.1 | -1.5 | -2.3 | -4.2 | -7.0 | -1.9 | -3.5 | -3.5 | -4.6 | -6.3 | -6.6 | -5.7 |
| 资本开支CF_CAPEX | 2.2 | 1.5 | 2.3 | 3.9 | 7.0 | 1.9 | 3.6 | 3.6 | 4.2 | 6.3 | 6.3 | 5.4 |
| 筹资活动现金流CF_FINANCING | -0.0 | 0.0 | -0.1 | -1.1 | -0.0 | 0.0 | 1.0 | 0.0 | -9.8 | -0.1 | ||
| 派息CF_DIVIDEND | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||
| 汇率变动对现金的影响CF_FX | -0.2 | 0.0 | 0.1 | -0.3 | 0.3 | -0.0 | 0.2 | 0.3 | 1.3 | -0.6 | 0.3 | 0.7 |
| 期初现金CF_OPENING_CASH | 25.2 | 15.4 | 78.7 | |||||||||
| 期末现金CF_ENDING_CASH | 25.3 | 15.4 | 78.6 | |||||||||
| 财务指标 | ||||||||||||
| 毛利率GROSS_MARGIN | 36.8% | 42.0% | 43.8% | 41.5% | 48.2% | 48.7% | 46.6% | 46.9% | 48.9% | 49.2% | 48.0% | 46.3% |
| 营业利润率OPERATING_MARGIN | 29.9% | 33.4% | 37.7% | 37.0% | 38.8% | 43.7% | 41.8% | 42.9% | 45.7% | 38.9% | 43.3% | 44.7% |
| 净利率NET_MARGIN | 25.6% | 29.2% | 33.5% | 32.5% | 33.9% | 38.8% | 37.1% | 39.3% | 38.4% | 33.3% | 37.8% | 35.1% |
| 税后营业利润NOPAT | 2.6 | 3.2 | 5.4 | 7.8 | 11.9 | 15.7 | 23.7 | 23.9 | 32.2 | 27.7 | 47.9 | 39.0 |
| 税后营业利润率NOPAT_MARGIN | 25.5% | 29.1% | 33.4% | 32.5% | 33.9% | 38.8% | 37.1% | 39.3% | 38.7% | 33.2% | 38.1% | 35.6% |
| 投入资本INVESTED_CAPITAL | 29.5 | 32.7 | 44.0 | 51.8 | 67.3 | 81.8 | 100.5 | 90.9 | 97.7 | 124.6 | 170.6 | 213.8 |
| 投入资本周转率CAPITAL_TURNOVER | 1.37 | 1.36 | 1.47 | 1.85 | 2.09 | 1.98 | 2.54 | 2.67 | 3.41 | 2.68 | 2.95 | 2.05 |
| ROEROE | 4.7% | 5.6% | 8.7% | 11.0% | 14.3% | 15.8% | 19.6% | 16.4% | 17.9% | 13.6% | 19.5% | 13.7% |
| ROICROIC | 8.7% | 9.9% | 12.3% | 15.1% | 17.7% | 19.2% | 23.5% | 26.3% | 33.0% | 22.2% | 28.1% | 18.2% |
| 资产负债率DEBT_RATIO | 15.1% | 21.2% | 24.8% | 27.9% | 32.1% | 33.1% | 33.1% | 32.0% | 30.2% | 31.0% | 33.2% | 36.9% |
| 经营现金流/净利润OCF_TO_PROFIT | 142.5% | 50.9% | -84.3% | 73.7% | 29.9% | 12.7% | 31.8% | 154.5% | 95.6% | 24.6% | 19.6% | -4.0% |
| 应计比率ACCRUAL_RATIO | -1.7% | 2.2% | 12.0% | 2.1% | 6.8% | 9.2% | 8.9% | -6.1% | 0.5% | 7.0% | 10.4% | 8.9% |
| 收现比CASH_TO_REVENUE | 81.0% | 110.4% | 65.7% | 123.7% | 49.3% | 91.4% | 90.7% | 93.8% | 96.3% | 87.8% | 85.7% | 103.7% |
| 营业外收支/税前利润NONOP_TO_PRETAX | 0.3% | 0.2% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | -0.0% | 0.1% | 0.1% | 0.1% | 0.1% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | -2.9% | -0.3% | -0.3% | -0.0% | -0.2% | 0.0% | -0.0% | 0.0% | -0.2% | 0.0% | 0.1% | 4.8% |
| 自由现金流FCF | 1.5 | 0.1 | -6.9 | 1.8 | -3.4 | 0.1 | 4.0 | 33.3 | 26.5 | 0.5 | 3.0 | -6.9 |
| 自由现金流利润率FCF_MARGIN | 14.6% | 1.0% | -42.6% | 7.7% | -9.8% | 0.2% | 6.2% | 54.8% | 31.8% | 0.6% | 2.4% | -6.3% |
| 在建工程/固定资产净值CIP_TO_PPE | 3.8% | 6.2% | 9.4% | 8.8% | 19.6% | 15.4% | 10.0% | 12.8% | 9.7% | 13.6% | 13.6% | 12.6% |
| 固定资产周转率PPE_TURNOVER | 3.08 | 3.22 | 4.28 | 5.21 | 6.96 | 7.11 | 9.56 | 8.46 | 9.94 | 9.58 | 12.24 | 8.73 |
| 应收周转天数DSO | 67.1 | 77.9 | 88.0 | 59.7 | 66.4 | 69.5 | 71.9 | 60.3 | 48.7 | 61.1 | 55.0 | 62.5 |
| 存货周转天数DIO | 137.6 | 213.0 | 224.7 | 196.9 | 207.0 | 239.7 | 159.2 | 187.1 | 155.0 | 194.3 | 162.6 | 270.3 |
| 应付周转天数DPO | 90.3 | 153.9 | 149.8 | 141.4 | 142.5 | 154.2 | 107.4 | 135.3 | 113.0 | 143.1 | 130.5 | 207.1 |
| 现金转换周期CCC | 114.3 | 136.9 | 162.9 | 115.2 | 130.9 | 155.1 | 123.8 | 112.1 | 90.7 | 112.3 | 87.1 | 125.7 |
| 合同负债同比CONTRACT_LIAB_YOY | -17.0% | -31.2% | -29.2% | -49.8% | -36.3% | 124.3% | 831.1% | 2939.6% | 2876.8% | 1299.4% | ||
| 股东回报(派息+回购)SHAREHOLDER_RETURN | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 0.0% | 0.0% | 0.0% | 0.0% | ||||||||
| 派息率PAYOUT_RATIO | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||||
勾稽校验(所示期间):26 项, 全部通过