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 | 1,241 | 1,477 | 1,709 | 1,688 |
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 | 878.8 | 1,037 | 1,197 | 1,148 |
| 净利润 | 627.2 | 747.3 | 862.3 | 823.2 |
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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| FY22 | FY23 | FY24 | FY25 | TTM | |
|---|---|---|---|---|---|
| 表观市盈率（账面口径） | 27.7x | 23.3x | 20.2x | 21.1x | 21.2x |
| 实际市盈率（主业口径） | 27.7x | 23.3x | 20.2x | 21.1x | 21.2x |
最新滚动 12 个月（FY2025Q4–FY2026Q3）：总市值 17,401.8 亿元；账面净利润 821.6 亿元 → 表观市盈率 21.2x；剔除税后非主业净收益 1.9 亿元（投资收益与公允价值变动税前 2.6 亿，有效税率 25.6%）后，实际主业盈利 819.7 亿元 → 实际市盈率 21.2x（非主业收支影响很小，两种口径基本一致）。
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 | 627.2 | 747.3 | 862.3 | 823.2 | 821.6 |
| 实际主业盈利 | 628.0 | 747.4 | 862.1 | 823.0 | 819.7 |
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 | 91.9% | 92.0% | 91.9% | 91.2% |
| 营业利润率 | 70.8% | 70.2% | 70.0% | 68.0% |
| 税后营业利润率 | 52.8% | 52.5% | 52.3% | 50.6% |
| 净利率 | 50.5% | 50.6% | 50.5% | 48.8% |
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 | 53.1 | 26.2 | 46.8 | 31.3 |
| 自由现金流 | 313.9 | 639.7 | 877.8 | 583.9 |
年度ROE 与 ROIC
ROEROIC三年增量 ROIC
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| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| ROE | 31.8% | 36.2% | 38.4% | 34.5% |
| ROIC | 47.1% | 52.9% | 51.4% | 44.2% |
| 三年增量 ROIC | 36.9% |
FY2025 ROIC 44.2% = 税后营业利润（NOPAT）853.5 亿元 ÷ 投入资本 1,929.5 亿元（杜邦拆解：税后营业利润率 50.6% × 投入资本周转率 0.88x）；三年增量 ROIC 36.9%。
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） | 655.1 | 775.6 | 893.7 | 853.5 |
| 投入资本 | 1,392 | 1,466 | 1,738 | 1,929 |
| 科目 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 利润表 | ||||
| 营业收入IS_REVENUE | 1,241.0 | 1,476.9 | 1,709.0 | 1,688.4 |
| 营业成本IS_COGS | 100.9 | 118.7 | 137.9 | 148.9 |
| 毛利IS_GROSS_PROFIT | 1,140.1 | 1,358.3 | 1,571.1 | 1,539.5 |
| 研发费用IS_RND | 1.4 | 1.6 | 2.2 | 1.9 |
| 销售及管理费用IS_SGA | 123.1 | 143.8 | 149.5 | 155.7 |
| 财务费用IS_FIN_EXPENSE | -13.9 | -17.9 | -14.7 | -8.2 |
| 投资收益IS_INVEST_INCOME | 0.6 | 0.3 | 0.1 | 0.0 |
| 公允价值变动收益IS_FV_CHANGE | 0.0 | 0.6 | 0.8 | |
| 营业利润IS_OPERATING_PROFIT | 878.8 | 1,037.1 | 1,196.9 | 1,148.1 |
| 税前利润IS_PRETAX_PROFIT | 877.0 | 1,036.6 | 1,196.4 | 1,147.6 |
| 所得税IS_TAX | 223.3 | 261.4 | 303.0 | 294.4 |
| 净利润IS_NET_PROFIT | 627.2 | 747.3 | 862.3 | 823.2 |
| 基本每股收益IS_EPS_BASIC | 49.93 | 59.49 | 68.64 | 65.66 |
| 摊薄每股收益IS_EPS_DILUTED | 49.93 | 59.49 | 68.64 | 65.66 |
| 资产负债表 | ||||
| 总资产BS_TOTAL_ASSETS | 2,545.0 | 2,727.0 | 2,989.4 | 3,038.3 |
| 流动资产BS_CURRENT_ASSETS | 2,166.1 | 2,251.7 | 2,517.3 | 2,525.2 |
| 现金及等价物BS_CASH | 582.7 | 690.7 | 593.0 | 516.9 |
| 短期投资（有价证券/定期存款）BS_ST_INVESTMENTS | 4.0 | 2.5 | ||
| 应收票据BS_NOTES_RECEIVABLE | 1.1 | 0.1 | 19.8 | |
| 应收账款BS_AR | 0.2 | 0.6 | 0.2 | 0.0 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 44.6 | |||
| 存货BS_INVENTORY | 388.2 | 464.4 | 543.4 | 614.3 |
| 非流动资产BS_NONCURRENT_ASSETS | 378.9 | 475.3 | 472.2 | 513.2 |
| 固定资产净值BS_PPE_NET | 197.4 | 199.1 | 218.7 | 224.9 |
| 在建工程BS_CIP | 22.1 | 21.4 | 21.5 | 24.7 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 40.0 | 40.3 | 42.5 | |
| 总负债BS_TOTAL_LIABILITIES | 495.6 | 490.4 | 569.3 | 498.8 |
| 流动负债BS_CURRENT_LIABILITIES | 490.7 | 487.0 | 565.2 | 496.1 |
| 一年内到期借款BS_ST_DEBT | 1.1 | 0.6 | 1.1 | 0.4 |
| 应付账款BS_AP | 24.1 | 30.9 | 35.1 | 40.1 |
| 合同负债BS_CONTRACT_LIAB | 154.7 | 141.3 | 95.9 | 80.1 |
| 长期借款BS_LT_DEBT | 0.0 | 0.0 | 0.0 | 0.0 |
| 股东权益BS_TOTAL_EQUITY | 1,974.8 | 2,156.7 | 2,331.1 | 2,446.4 |
| 少数股东权益BS_MINORITY_INTEREST | 74.6 | 79.9 | 89.1 | 93.2 |
| 现金流量表 | ||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 1,406.9 | 1,637.0 | 1,826.5 | 1,839.9 |
| 经营活动现金流CF_OPERATING | 367.0 | 665.9 | 924.6 | 615.2 |
| 折旧摊销CF_DEPRECIATION | 16.9 | 19.4 | 20.9 | 22.6 |
| 投资活动现金流CF_INVESTING | -55.4 | -97.2 | -17.9 | -316.4 |
| 资本开支CF_CAPEX | 53.1 | 26.2 | 46.8 | 31.3 |
| 筹资活动现金流CF_FINANCING | -574.2 | -588.9 | -710.7 | -734.3 |
| 派息CF_DIVIDEND | 547.5 | 565.5 | 687.9 | 646.7 |
| 汇率变动对现金的影响CF_FX | 0.0 | 0.0 | -0.0 | 0.0 |
| 期初现金CF_OPENING_CASH | 1,786.4 | 1,523.8 | 1,503.6 | 1,699.7 |
| 期末现金CF_ENDING_CASH | 1,523.8 | 1,503.6 | 1,699.7 | 1,264.3 |
| 财务指标 | ||||
| 毛利率GROSS_MARGIN | 91.9% | 92.0% | 91.9% | 91.2% |
| 营业利润率OPERATING_MARGIN | 70.8% | 70.2% | 70.0% | 68.0% |
| 净利率NET_MARGIN | 50.5% | 50.6% | 50.5% | 48.8% |
| 税后营业利润NOPAT | 655.1 | 775.6 | 893.7 | 853.5 |
| 税后营业利润率NOPAT_MARGIN | 52.8% | 52.5% | 52.3% | 50.6% |
| 投入资本INVESTED_CAPITAL | 1,392.1 | 1,466.0 | 1,738.1 | 1,929.5 |
| 投入资本周转率CAPITAL_TURNOVER | 0.89 | 1.01 | 0.98 | 0.88 |
| ROEROE | 31.8% | 36.2% | 38.4% | 34.5% |
| ROICROIC | 47.1% | 52.9% | 51.4% | 44.2% |
| 三年增量 ROICINCREMENTAL_ROIC_3Y | 36.9% | |||
| 资产负债率DEBT_RATIO | 19.5% | 18.0% | 19.0% | 16.4% |
| 经营现金流/净利润OCF_TO_PROFIT | 58.5% | 89.1% | 107.2% | 74.7% |
| 应计比率ACCRUAL_RATIO | 10.2% | 3.0% | -2.1% | 6.8% |
| 收现比CASH_TO_REVENUE | 113.4% | 110.8% | 106.9% | 109.0% |
| 营业外收支/税前利润NONOP_TO_PRETAX | -0.2% | -0.0% | -0.0% | -0.0% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | 0.1% | 0.0% | 0.1% | 0.1% |
| 自由现金流FCF | 313.9 | 639.7 | 877.8 | 583.9 |
| 自由现金流利润率FCF_MARGIN | 25.3% | 43.3% | 51.4% | 34.6% |
| 资本开支/折旧摊销CAPEX_TO_DA | 3.14 | 1.35 | 2.24 | 1.38 |
| 在建工程/固定资产净值CIP_TO_PPE | 11.2% | 10.7% | 9.8% | 11.0% |
| 固定资产周转率PPE_TURNOVER | 6.29 | 7.42 | 7.81 | 7.51 |
| 总资产周转率ASSET_TURNOVER | 0.49 | 0.56 | 0.60 | 0.56 |
| 权益乘数EQUITY_MULTIPLIER | 1.29 | 1.28 | 1.27 | 1.26 |
| 应收周转天数DSO | 0.4 | 0.2 | 4.3 | 9.6 |
| 存货周转天数DIO | 1,404.0 | 1,428.2 | 1,438.4 | 1,505.5 |
| 应付周转天数DPO | 87.1 | 95.1 | 93.0 | 98.2 |
| 现金转换周期CCC | 1,317.2 | 1,333.3 | 1,349.7 | 1,417.0 |
| 合同负债同比CONTRACT_LIAB_YOY | -8.7% | -32.1% | -16.5% | |
| 所有者盈余OWNER_EARNINGS | 350.1 | 646.6 | 903.8 | 592.6 |
| 股东回报（派息+回购）SHAREHOLDER_RETURN | 547.5 | 565.5 | 687.9 | 646.7 |
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 174.4% | 88.4% | 78.4% | 110.7% |
| 派息率PAYOUT_RATIO | 87.3% | 75.7% | 79.8% | 78.6% |
| 摊薄 EPS 同比EPS_DILUTED_GROWTH | 19.1% | 15.4% | -4.3% | |
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 | 444.3 | 457.8 | 361.6 | 388.5 | 501.2 | 506.0 | 387.9 | 390.6 | 403.8 | 539.1 | 367.9 | 402.7 |
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 | 305.4 | 331.6 | 243.9 | 264.5 | 356.9 | 370.4 | 257.3 | 267.2 | 253.2 | 375.4 | 238.7 | 275.7 |
| 净利润 | 218.6 | 240.7 | 176.3 | 191.3 | 254.0 | 268.5 | 185.6 | 192.2 | 176.9 | 272.4 | 172.7 | 199.5 |
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） | 20.2x | 19.6x | 19.3x | 19.3x | 21.1x | 21.0x | 21.4x | 21.2x |
| 实际市盈率（TTM） | 20.2x | 19.5x | 19.3x | 19.3x | 21.1x | 21.0x | 21.4x | 21.2x |
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 | 218.6 | 240.7 | 176.3 | 191.3 | 254.0 | 268.5 | 185.6 | 192.2 | 176.9 | 272.4 | 172.7 | 199.5 |
| 实际主业盈利 | 219.1 | 240.4 | 176.1 | 191.1 | 254.6 | 268.5 | 185.4 | 192.9 | 176.2 | 272.4 | 172.4 | 198.7 |
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 | 92.6% | 92.6% | 90.7% | 91.0% | 92.9% | 92.0% | 90.4% | 91.3% | 90.8% | 89.8% | 89.3% | 89.6% |
| 营业利润率 | 68.7% | 72.4% | 67.5% | 68.1% | 71.2% | 73.2% | 66.3% | 68.4% | 62.7% | 69.6% | 64.9% | 68.5% |
| 税后营业利润率 | 51.3% | 54.3% | 50.6% | 51.1% | 52.6% | 54.9% | 49.5% | 51.2% | 45.5% | 52.2% | 48.6% | 51.3% |
| 净利率 | 49.2% | 52.6% | 48.8% | 49.3% | 50.7% | 53.1% | 47.8% | 49.2% | 43.8% | 50.5% | 46.9% | 49.5% |
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 | 6.8 | 8.0 | 7.3 | 13.4 | 18.0 | 9.0 | 6.9 | 6.9 | 8.4 | 6.0 | 2.3 | 6.2 |
| 自由现金流 | 159.2 | 83.9 | 267.0 | 64.6 | 462.4 | 79.1 | 36.1 | 243.9 | 224.8 | 263.1 | 435.5 | 127.5 |
季度ROE 与 ROIC
ROEROIC
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| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.1% | 10.0% | 8.1% | 8.0% | 10.9% | 10.4% | 7.8% | 7.5% | 7.2% | 10.1% | 6.9% | 7.4% |
| ROIC | 15.5% | 15.0% | 11.3% | 11.2% | 15.2% | 13.5% | 10.3% | 9.7% | 9.5% | 12.7% | 9.0% | 9.3% |
FY2026Q3 ROIC 9.3% = 税后营业利润（NOPAT）206.8 亿元 ÷ 投入资本 2,212.8 亿元（杜邦拆解：税后营业利润率 51.3% × 投入资本周转率 0.73x）。
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
查看数据表
| 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 税后营业利润（NOPAT） | 227.7 | 248.7 | 182.9 | 198.4 | 263.8 | 277.8 | 192.0 | 199.8 | 183.9 | 281.5 | 178.6 | 206.8 |
| 投入资本 | 1,466 | 1,655 | 1,617 | 1,776 | 1,738 | 2,062 | 1,870 | 2,053 | 1,929 | 2,221 | 1,977 | 2,213 |
| 科目 | 23Q4 | 24Q1 | 24Q2 | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | 26Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 利润表 | ||||||||||||
| 营业收入IS_REVENUE | 444.3 | 457.8 | 361.6 | 388.5 | 501.2 | 506.0 | 387.9 | 390.6 | 403.8 | 539.1 | 367.9 | 402.7 |
| 营业成本IS_COGS | 33.0 | 33.8 | 33.7 | 34.8 | 35.6 | 40.6 | 37.2 | 34.1 | 37.1 | 55.2 | 39.5 | 41.7 |
| 毛利IS_GROSS_PROFIT | 411.2 | 423.9 | 327.9 | 353.7 | 465.6 | 465.4 | 350.7 | 356.6 | 366.8 | 483.9 | 328.4 | 361.0 |
| 研发费用IS_RND | 0.6 | 0.3 | 0.6 | 0.5 | 0.8 | 0.3 | 0.5 | 0.4 | 0.8 | 0.6 | 0.6 | 0.3 |
| 销售及管理费用IS_SGA | 55.8 | 32.0 | 32.5 | 35.5 | 49.5 | 34.2 | 35.4 | 30.3 | 55.9 | 34.6 | 33.8 | 33.1 |
| 财务费用IS_FIN_EXPENSE | -4.6 | -4.9 | -4.1 | -2.8 | -3.0 | -2.8 | -2.0 | -1.5 | -1.8 | -1.2 | -1.3 | -1.2 |
| 投资收益IS_INVEST_INCOME | 0.3 | 0.0 | 0.0 | 0.1 | 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 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.7 | -0.0 | 0.3 | 1.0 | |
| 营业利润IS_OPERATING_PROFIT | 305.4 | 331.6 | 243.9 | 264.5 | 356.9 | 370.4 | 257.3 | 267.2 | 253.2 | 375.4 | 238.7 | 275.7 |
| 税前利润IS_PRETAX_PROFIT | 304.4 | 331.7 | 244.0 | 264.7 | 355.9 | 370.3 | 257.5 | 266.3 | 253.5 | 375.4 | 239.0 | 275.8 |
| 所得税IS_TAX | 77.4 | 82.9 | 61.1 | 66.2 | 92.9 | 92.6 | 65.3 | 67.1 | 69.4 | 93.9 | 60.2 | 69.0 |
| 净利润IS_NET_PROFIT | 218.6 | 240.7 | 176.3 | 191.3 | 254.0 | 268.5 | 185.6 | 192.2 | 176.9 | 272.4 | 172.7 | 199.5 |
| 基本每股收益IS_EPS_BASIC | 19.16 | 21.38 | 21.76 | |||||||||
| 摊薄每股收益IS_EPS_DILUTED | 19.16 | 21.38 | 21.76 | |||||||||
| 资产负债表 | ||||||||||||
| 总资产BS_TOTAL_ASSETS | 2,727.0 | 2,855.2 | 2,792.1 | 2,867.7 | 2,989.4 | 3,123.7 | 2,922.6 | 3,047.4 | 3,038.3 | 3,199.2 | 3,090.5 | 3,183.0 |
| 流动资产BS_CURRENT_ASSETS | 2,251.7 | 2,373.8 | 2,322.6 | 2,384.2 | 2,517.3 | 2,665.1 | 2,454.8 | 2,565.9 | 2,525.2 | 2,715.2 | 2,607.2 | 2,696.5 |
| 现金及等价物BS_CASH | 690.7 | 742.0 | 568.4 | 600.8 | 593.0 | 522.0 | 516.4 | 517.5 | 516.9 | 487.9 | 535.2 | 499.3 |
| 短期投资（有价证券/定期存款）BS_ST_INVESTMENTS | 4.0 | 38.1 | 38.3 | 2.0 | 2.5 | |||||||
| 应收票据BS_NOTES_RECEIVABLE | 0.1 | 1.4 | 3.3 | 11.5 | 19.8 | 21.3 | 28.2 | 52.1 | ||||
| 应收账款BS_AR | 0.6 | 0.7 | 0.0 | 0.1 | 0.2 | 0.2 | 0.4 | 0.3 | 0.0 | 0.3 | 0.0 | 3.6 |
| 应收款项融资BS_RECEIVABLES_FINANCING | 44.6 | 35.3 | 24.8 | 6.7 | ||||||||
| 存货BS_INVENTORY | 464.4 | 468.5 | 477.7 | 482.2 | 543.4 | 548.0 | 549.7 | 558.6 | 614.3 | 606.9 | 613.2 | 613.9 |
| 非流动资产BS_NONCURRENT_ASSETS | 475.3 | 481.5 | 469.5 | 483.5 | 472.2 | 458.6 | 467.8 | 481.5 | 513.2 | 483.9 | 483.3 | 486.6 |
| 固定资产净值BS_PPE_NET | 199.1 | 195.4 | 198.3 | 202.4 | 218.7 | 215.5 | 217.6 | 211.7 | 224.9 | 221.3 | 222.2 | 218.2 |
| 在建工程BS_CIP | 21.4 | 28.1 | 25.6 | 28.8 | 21.5 | 28.0 | 27.6 | 35.3 | 24.7 | 28.5 | 24.8 | 28.3 |
| 长期股权及金融资产投资BS_EQUITY_INVESTMENTS | 40.0 | 40.0 | 40.1 | 40.1 | 40.3 | 40.3 | 40.3 | 40.4 | 42.5 | 42.5 | 40.6 | 41.6 |
| 总负债BS_TOTAL_LIABILITIES | 490.4 | 369.9 | 511.6 | 390.8 | 569.3 | 441.8 | 431.2 | 390.3 | 498.8 | 387.8 | 469.5 | 378.8 |
| 流动负债BS_CURRENT_LIABILITIES | 487.0 | 366.3 | 508.1 | 387.2 | 565.2 | 438.7 | 428.4 | 387.6 | 496.1 | 384.6 | 466.5 | 375.2 |
| 一年内到期借款BS_ST_DEBT | 0.6 | 0.6 | 0.6 | 0.5 | 1.1 | 0.4 | 0.6 | 0.6 | 0.4 | 0.5 | 0.6 | 0.7 |
| 应付账款BS_AP | 30.9 | 40.2 | 32.9 | 26.5 | 35.1 | 37.4 | 29.5 | 28.2 | 40.1 | 36.7 | 35.1 | 30.3 |
| 合同负债BS_CONTRACT_LIAB | 141.3 | 95.2 | 99.9 | 99.3 | 95.9 | 87.9 | 55.1 | 77.5 | 80.1 | 30.3 | 31.8 | 20.8 |
| 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 | 2,156.7 | 2,397.3 | 2,185.8 | 2,377.1 | 2,331.1 | 2,583.6 | 2,386.5 | 2,570.7 | 2,446.4 | 2,708.9 | 2,512.5 | 2,712.0 |
| 少数股东权益BS_MINORITY_INTEREST | 79.9 | 88.0 | 94.7 | 99.8 | 89.1 | 98.3 | 104.9 | 86.4 | 93.2 | 102.4 | 108.4 | 92.2 |
| 现金流量表 | ||||||||||||
| 销售商品、提供劳务收到的现金CF_CASH_FROM_SALES | 524.5 | 462.6 | 408.4 | 425.9 | 529.6 | 561.4 | 389.4 | 437.1 | 452.0 | 563.9 | 420.3 | 451.0 |
| 经营活动现金流CF_OPERATING | 165.9 | 91.9 | 274.3 | 78.0 | 480.4 | 88.1 | 43.1 | 250.8 | 233.3 | 269.1 | 437.8 | 133.7 |
| 投资活动现金流CF_INVESTING | -14.1 | -7.7 | -21.3 | 22.9 | -11.8 | -6.2 | 3.1 | -51.1 | -262.2 | 256.4 | 0.0 | 1.8 |
| 资本开支CF_CAPEX | 6.8 | 8.0 | 7.3 | 13.4 | 18.0 | 9.0 | 6.9 | 6.9 | 8.4 | 6.0 | 2.3 | 6.2 |
| 筹资活动现金流CF_FINANCING | -241.6 | -0.1 | -388.0 | -1.7 | -320.8 | -16.1 | -382.9 | -33.5 | -301.8 | -10.1 | -369.4 | -23.7 |
| 派息CF_DIVIDEND | 240.0 | 0.0 | 300.0 | 0.0 | 300.0 | 0.0 | ||||||
| 汇率变动对现金的影响CF_FX | 0.0 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 |
| 期初现金CF_OPENING_CASH | 1,503.6 | 1,699.7 | 1,264.3 | |||||||||
| 期末现金CF_ENDING_CASH | 1,587.7 | 1,765.5 | 1,779.7 | |||||||||
| 财务指标 | ||||||||||||
| 毛利率GROSS_MARGIN | 92.6% | 92.6% | 90.7% | 91.0% | 92.9% | 92.0% | 90.4% | 91.3% | 90.8% | 89.8% | 89.3% | 89.6% |
| 营业利润率OPERATING_MARGIN | 68.7% | 72.4% | 67.5% | 68.1% | 71.2% | 73.2% | 66.3% | 68.4% | 62.7% | 69.6% | 64.9% | 68.5% |
| 净利率NET_MARGIN | 49.2% | 52.6% | 48.8% | 49.3% | 50.7% | 53.1% | 47.8% | 49.2% | 43.8% | 50.5% | 46.9% | 49.5% |
| 税后营业利润NOPAT | 227.7 | 248.7 | 182.9 | 198.4 | 263.8 | 277.8 | 192.0 | 199.8 | 183.9 | 281.5 | 178.6 | 206.8 |
| 税后营业利润率NOPAT_MARGIN | 51.3% | 54.3% | 50.6% | 51.1% | 52.6% | 54.9% | 49.5% | 51.2% | 45.5% | 52.2% | 48.6% | 51.3% |
| 投入资本INVESTED_CAPITAL | 1,466.0 | 1,655.3 | 1,617.4 | 1,776.2 | 1,738.1 | 2,061.6 | 1,870.0 | 2,053.2 | 1,929.5 | 2,221.1 | 1,977.3 | 2,212.8 |
| 投入资本周转率CAPITAL_TURNOVER | 1.21 | 1.11 | 0.89 | 0.87 | 1.15 | 0.98 | 0.83 | 0.76 | 0.84 | 0.97 | 0.74 | 0.73 |
| ROEROE | 10.1% | 10.0% | 8.1% | 8.0% | 10.9% | 10.4% | 7.8% | 7.5% | 7.2% | 10.1% | 6.9% | 7.4% |
| ROICROIC | 15.5% | 15.0% | 11.3% | 11.2% | 15.2% | 13.5% | 10.3% | 9.7% | 9.5% | 12.7% | 9.0% | 9.3% |
| 资产负债率DEBT_RATIO | 18.0% | 13.0% | 18.3% | 13.6% | 19.0% | 14.1% | 14.8% | 12.8% | 16.4% | 12.1% | 15.2% | 11.9% |
| 经营现金流/净利润OCF_TO_PROFIT | 75.9% | 38.2% | 155.6% | 40.8% | 189.1% | 32.8% | 23.2% | 130.5% | 131.8% | 98.8% | 253.4% | 67.0% |
| 应计比率ACCRUAL_RATIO | 1.9% | 5.2% | -3.5% | 4.0% | -7.6% | 5.8% | 4.9% | -1.9% | -1.9% | 0.1% | -8.6% | 2.1% |
| 收现比CASH_TO_REVENUE | 118.1% | 101.1% | 112.9% | 109.6% | 105.7% | 111.0% | 100.4% | 111.9% | 111.9% | 104.6% | 114.2% | 112.0% |
| 营业外收支/税前利润NONOP_TO_PRETAX | -0.3% | 0.0% | 0.0% | 0.1% | -0.3% | -0.0% | 0.1% | -0.4% | 0.1% | 0.0% | 0.1% | 0.0% |
| 投资及公允价值收益/营业利润INVEST_GAINS_TO_OPERATING | 0.1% | 0.0% | 0.1% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.3% | -0.0% | 0.1% | 0.4% |
| 自由现金流FCF | 159.2 | 83.9 | 267.0 | 64.6 | 462.4 | 79.1 | 36.1 | 243.9 | 224.8 | 263.1 | 435.5 | 127.5 |
| 自由现金流利润率FCF_MARGIN | 35.8% | 18.3% | 73.8% | 16.6% | 92.2% | 15.6% | 9.3% | 62.4% | 55.7% | 48.8% | 118.4% | 31.7% |
| 在建工程/固定资产净值CIP_TO_PPE | 10.7% | 14.4% | 12.9% | 14.2% | 9.8% | 13.0% | 12.7% | 16.7% | 11.0% | 12.9% | 11.2% | 13.0% |
| 固定资产周转率PPE_TURNOVER | 8.93 | 9.37 | 7.29 | 7.68 | 9.17 | 9.39 | 7.13 | 7.38 | 7.18 | 9.74 | 6.62 | 7.38 |
| 应收周转天数DSO | 0.2 | 0.4 | 0.8 | 2.7 | 3.6 | 3.9 | 6.7 | 12.2 | 10.1 | 6.0 | 6.1 | 2.3 |
| 存货周转天数DIO | 1,282.6 | 1,264.4 | 1,293.5 | 1,265.5 | 1,392.4 | 1,231.2 | 1,349.9 | 1,496.3 | 1,511.5 | 1,003.2 | 1,415.4 | 1,342.8 |
| 应付周转天数DPO | 85.4 | 108.6 | 89.1 | 69.6 | 90.1 | 84.1 | 72.5 | 75.6 | 98.6 | 60.7 | 81.0 | 66.2 |
| 现金转换周期CCC | 1,197.3 | 1,156.3 | 1,205.2 | 1,198.7 | 1,306.0 | 1,150.9 | 1,284.1 | 1,432.9 | 1,423.0 | 948.5 | 1,340.6 | 1,278.9 |
| 合同负债同比CONTRACT_LIAB_YOY | 36.3% | -12.8% | -32.1% | -7.7% | -44.9% | -22.0% | -16.5% | -65.6% | -42.3% | -73.1% | ||
| 股东回报（派息+回购）SHAREHOLDER_RETURN | 240.0 | 0.0 | 300.0 | 0.0 | 300.0 | 0.0 | ||||||
| 股东回报/自由现金流SHAREHOLDER_RETURN_TO_FCF | 150.8% | 0.0% | 64.9% | 0.0% | 133.5% | 0.0% | ||||||
| 派息率PAYOUT_RATIO | 109.8% | 0.0% | 118.1% | 0.0% | 169.6% | 0.0% | ||||||
勾稽校验（所示期间）：27 项， 全部通过