财务分析☆ ◇600941 中国移动 更新日期：2026-10-17◇ 通达信沪深京F10
★本栏包括【1.主要财务指标】【2.偿债能力指标】【3.营运能力指标】【4.盈利能力指标】
【5.成长能力指标】【6.指标变动说明】【7.资产负债表摘要】【8.利润表摘要】
【9.现金流量表摘要】【10.环比分析】
【1.主要财务指标】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│财务指标 │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│审计意见 │ 未经审计│ 无保留意见│ 无保留意见│ 无保留意见│ 无保留意见│ 无保留意见│
│归母净利(未调整:万) │ 7893400.00│ 13709500.00│ 13837300.00│ 13176600.00│ 12545900.00│ 11593700.00│
│归母净利(调整后:万) │ ---│ ---│ 13837300.00│ 13176600.00│ 12545900.00│ 11593700.00│
│净利润增长率(%) │ -6.29│ -0.92│ 5.01│ 5.03│ 8.21│ 7.51│
│扣非净利润(万) │ 6973300.00│ 12796100.00│ 12271500.00│ 11798000.00│ 11542900.00│ 10741800.00│
│营业总收(未调整:万) │ 53803500.00│105018700.00│104075900.00│100930900.00│ 93725900.00│ 84825800.00│
│营业总收(调整后:万) │ ---│ ---│104075900.00│100930900.00│ 93725900.00│ 84825800.00│
│总营收同比增长率(%) │ -1.05│ 0.91│ 3.12│ 7.69│ 10.49│ 10.44│
│加权净资产收益率(%) │ 5.60│ 9.90│ 10.40│ 10.23│ 10.10│ 10.10│
│资产负债比率(%) │ 32.79│ 33.22│ 34.33│ 33.04│ 33.37│ 34.94│
│净利润现金含量(%) │ 145.51│ 169.90│ 228.18│ 230.55│ 223.78│ 271.50│
│基本每股收益(元) │ 3.6400│ 6.3500│ 6.4500│ 6.1600│ 5.8800│ 5.6600│
│每股收益-扣除(元) │ 3.2159│ 5.9200│ 5.7200│ 5.5200│ 5.4100│ 5.2500│
│每股收益-摊薄(元) │ 3.6402│ 6.3339│ 6.4308│ 6.1599│ 5.8728│ 5.6622│
│每股资本公积金(元) │ -13.9898│ -14.0276│ -14.0120│ -14.1059│ -14.1572│ -14.7912│
│每股未分配利润(元) │ 57.8163│ 56.4700│ 55.2382│ 53.6583│ 51.8246│ 52.2179│
│每股净资产(元) │ 65.5581│ 64.3659│ 63.0530│ 61.0743│ 59.0768│ 57.1928│
│每股经营现金流量(元)│ 5.2968│ 10.7611│ 14.6738│ 14.2014│ 13.1420│ 15.3727│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│财务指标 │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│审计意见 │ 未经审计│ 未经审计│ 无保留意见│ 未经审计│ 未经审计│ 未经审计│
│归母净利(未调整:万) │ 7893400.00│ 2934200.00│ 13709500.00│ 11535300.00│ 8423500.00│ 3063100.00│
│归母净利(调整后:万) │ ---│ ---│ ---│ ---│ 8423500.00│ 3063100.00│
│净利润增长率(%) │ -6.29│ -4.21│ -0.92│ 4.03│ 5.03│ 3.45│
│扣非净利润(万) │ 6973300.00│ 2790000.00│ 12796100.00│ 10710000.00│ 7836600.00│ 2890000.00│
│营业总收(未调整:万) │ 53803500.00│ 26647800.00│105018700.00│ 79466600.00│ 54376900.00│ 26376000.00│
│营业总收(调整后:万) │ ---│ ---│ ---│ ---│ 54376900.00│ 26376000.00│
│总营收同比增长率(%) │ -1.05│ 1.03│ 0.91│ 0.41│ -0.54│ 0.02│
│加权净资产收益率(%) │ 5.60│ 2.10│ 9.90│ 8.30│ 6.10│ 2.20│
│资产负债比率(%) │ 32.79│ 33.73│ 33.22│ 33.96│ 33.15│ 33.27│
│净利润现金含量(%) │ 145.51│ 243.50│ 169.90│ 139.61│ 99.52│ 102.24│
│基本每股收益(元) │ 3.6400│ 1.3600│ 6.3500│ 5.3400│ 3.9000│ 1.4200│
│每股收益-扣除(元) │ 3.2159│ 1.2882│ 5.9200│ 4.9522│ 3.6300│ 1.3389│
│每股收益-摊薄(元) │ 3.6402│ 1.3548│ 6.3339│ 5.3338│ 3.8977│ 1.4191│
│每股资本公积金(元) │ -13.9898│ -14.0492│ -14.0276│ -14.2737│ -14.0401│ -13.9999│
│每股未分配利润(元) │ 57.8163│ 57.7891│ 56.4700│ 55.5133│ 56.6210│ 56.4873│
│每股净资产(元) │ 65.5581│ 65.6942│ 64.3659│ 63.1854│ 64.5197│ 64.4134│
│每股经营现金流量(元)│ 5.2968│ 3.2990│ 10.7611│ 7.4467│ 3.8790│ 1.4509│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【2.偿债能力指标】
┌───────────┬─────┬──────┬──────┬──────┬──────┬──────┐
│偿债能力指标 │2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├───────────┼─────┼──────┼──────┼──────┼──────┼──────┤
│流动比率 │ 0.88│ 0.81│ 0.90│ 0.89│ 0.86│ 1.02│
│速动比率 │ 0.85│ 0.78│ 0.88│ 0.87│ 0.83│ 1.01│
│资产负债比率(%) │ 32.79│ 33.22│ 34.33│ 33.04│ 33.37│ 34.94│
│产权比率 │ 0.49│ 0.50│ 0.52│ 0.50│ 0.50│ 0.54│
│现金流比率(短期债务)% │ 0.19│ 0.38│ 0.50│ 0.54│ 0.53│ 0.54│
└───────────┴─────┴──────┴──────┴──────┴──────┴──────┘
┌───────────┬─────┬──────┬──────┬──────┬──────┬──────┐
│偿债能力指标 │2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├───────────┼─────┼──────┼──────┼──────┼──────┼──────┤
│流动比率 │ 0.88│ 0.85│ 0.81│ 0.81│ 0.88│ 0.93│
│速动比率 │ 0.85│ 0.83│ 0.78│ 0.79│ 0.87│ 0.91│
│资产负债比率(%) │ 32.79│ 33.73│ 33.22│ 33.96│ 33.15│ 33.27│
│产权比率 │ 0.49│ 0.51│ 0.50│ 0.52│ 0.50│ 0.50│
│现金流比率(短期债务)% │ 0.19│ 0.11│ 0.38│ 0.26│ 0.14│ 0.05│
└───────────┴─────┴──────┴──────┴──────┴──────┴──────┘
【3.营运能力指标】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│营运能力指标 │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│应收账款周转率 │ 4.85│ 11.97│ 15.94│ 20.67│ 23.45│ 22.07│
│存货周转率 │ 23.57│ 53.66│ 63.54│ 61.07│ 61.82│ 66.19│
│流动资产周转率 │ 1.03│ 1.97│ 1.95│ 2.11│ 1.78│ 1.44│
│固定资产周转率 │ 0.78│ 1.48│ 1.46│ 1.41│ 1.32│ 1.22│
│总资产周转率 │ 0.26│ 0.50│ 0.52│ 0.52│ 0.51│ 0.48│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│营运能力指标 │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│应收账款周转率 │ 4.85│ 2.39│ 11.97│ 8.49│ 5.99│ 2.98│
│存货周转率 │ 23.57│ 13.33│ 53.66│ 45.16│ 32.90│ 16.61│
│流动资产周转率 │ 1.03│ 0.51│ 1.97│ 1.48│ 0.98│ 0.46│
│固定资产周转率 │ 0.78│ 0.38│ 1.48│ 1.15│ 0.78│ 0.38│
│总资产周转率 │ 0.26│ 0.13│ 0.50│ 0.38│ 0.26│ 0.13│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【4.盈利能力指标】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│盈利能力指标(%) │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│净资产收益率 │ 5.55│ 9.84│ 10.20│ 10.09│ 9.94│ 9.90│
│销售毛利率 │ 29.51│ 28.87│ 29.02│ 28.23│ 27.78│ 28.81│
│营业利润率 │ 18.20│ 16.99│ 16.94│ 16.66│ 17.21│ 17.92│
│销售净利率 │ 14.68│ 13.07│ 13.31│ 13.07│ 13.40│ 13.69│
│总资产净利率 │ 3.75│ 6.59│ 6.87│ 6.84│ 6.78│ 6.64│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│盈利能力指标(%) │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│净资产收益率 │ 5.55│ 2.06│ 9.84│ 8.44│ 6.04│ 2.20│
│销售毛利率 │ 29.51│ 25.35│ 28.87│ 31.09│ 31.62│ 26.93│
│营业利润率 │ 18.20│ 14.00│ 16.99│ 18.34│ 19.55│ 14.79│
│销售净利率 │ 14.68│ 11.02│ 13.07│ 14.52│ 15.50│ 11.61│
│总资产净利率 │ 3.75│ 1.38│ 6.59│ 5.57│ 4.05│ 1.47│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【5.成长能力指标】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│成长能力指标(%) │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│营业收入增长率 │ -1.05│ 0.91│ 3.12│ 7.69│ 10.49│ 10.44│
│营业利润增长率 │ -7.86│ 1.23│ 4.86│ 4.22│ 6.13│ 6.34│
│净利润增长率 │ -6.29│ -0.92│ 5.01│ 5.03│ 8.21│ 7.51│
│净资产增长率 │ 2.04│ 2.69│ 3.85│ 3.52│ 7.77│ 5.16│
│总资产增长率 │ 1.37│ 0.97│ 5.90│ 3.01│ 5.22│ 6.70│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│成长能力指标(%) │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│营业收入增长率 │ -1.05│ 1.03│ 0.91│ 0.41│ -0.54│ 0.02│
│营业利润增长率 │ -7.86│ -4.40│ 1.23│ 2.99│ 3.70│ 2.31│
│净利润增长率 │ -6.29│ -4.21│ -0.92│ 4.03│ 5.03│ 3.45│
│净资产增长率 │ 2.04│ 2.12│ 2.69│ 0.72│ 2.77│ 2.48│
│总资产增长率 │ 1.37│ 2.90│ 0.97│ 0.05│ 0.95│ 0.84│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【6.指标变动说明】
截止日期:2026-06-30
┌──────┬────────┬──────┬────────┬──────┐
│变动科目 │变动原因 │本期数值(万)│ 上期/期初数(万)│ 变动幅度(%)│
├──────┼────────┼──────┼────────┼──────┤
│流动资产 │--- │ 54592200.00│ 49764600.00│ 9.70│
│非流动资产 │--- │157558200.00│ 159523600.00│ -1.23│
│资产总计 │--- │212150400.00│ 209288200.00│ 1.37│
│流动负债 │--- │ 62084600.00│ 61356000.00│ 1.19│
│非流动负债 │--- │ 7470500.00│ 8177100.00│ -8.64│
│负债合计 │--- │ 69555100.00│ 69533100.00│ 0.03│
│归属于母公司│--- │142154300.00│ 139317500.00│ 2.04│
│股东权益 │ │ │ │ │
│少数股东权益│--- │ 441000.00│ 437600.00│ 0.78│
│股东权益合计│--- │142595300.00│ 139755100.00│ 2.03│
│经营活动产生│公司持续加强应收│ 11485400.00│ 8383200.00│ 37.00│
│的现金流量净│账款、应付账款管│ │ │ │
│额 │理 │ │ │ │
│投资活动产生│公司持续优化资金│ -6459000.00│ -13424900.00│ 51.89│
│的现金流量净│运作安排 │ │ │ │
│额 │ │ │ │ │
│筹资活动产生│中国移动集团公司│ -4430900.00│ -2213200.00│ -100.20│
│的现金流量净│及其非上市附属子│ │ │ │
│额 │公司在中移财务公│ │ │ │
│ │司存款规模变动影│ │ │ │
│ │响 │ │ │ │
│自由现金流 │--- │ 5386900.00│ 2546000.00│ 111.58│
│主营业务成本│--- │ 29511800.00│ 29712100.00│ -0.67│
│其他业务成本│--- │ 8413200.00│ 7473000.00│ 12.58│
│销售费用 │--- │ 2833600.00│ 2878400.00│ -1.56│
│管理费用 │--- │ 2635600.00│ 2694900.00│ -2.20│
│研发费用 │--- │ 1200900.00│ 1038200.00│ 15.67│
│财务费用 │公司优化资金运作│ -76400.00│ -135000.00│ 43.41│
│ │安排，银行存款规│ │ │ │
│ │模有所下降，导致│ │ │ │
│ │利息收入下降 │ │ │ │
└──────┴────────┴──────┴────────┴──────┘
截止日期:2025-12-31
┌──────┬────────┬──────┬────────┬──────┐
│变动科目 │变动原因 │本期数值(万)│ 上期/期初数(万)│ 变动幅度(%)│
├──────┼────────┼──────┼────────┼──────┤
│流动资产 │--- │ 49764600.00│ 56855900.00│ -12.47│
│非流动资产 │--- │159523600.00│ 150426800.00│ 6.05│
│资产总额 │--- │209288200.00│ 207282700.00│ 0.97│
│流动负债 │--- │ 61356000.00│ 63301800.00│ -3.07│
│非流动负债 │--- │ 8177100.00│ 7857000.00│ 4.07│
│负债总额 │--- │ 69533100.00│ 71158800.00│ -2.28│
│归属于母公司│--- │139317500.00│ 135673200.00│ 2.69│
│股东权益 │ │ │ │ │
│少数股东权益│--- │ 437600.00│ 450700.00│ -2.91│
│总权益 │--- │139755100.00│ 136123900.00│ 2.67│
│经营活动产生│--- │ 23291900.00│ 31574100.00│ -26.23│
│的现金流量净│ │ │ │ │
│额 │ │ │ │ │
│投资活动产生│--- │-19040300.00│ -18519400.00│ -2.81│
│的现金流量净│ │ │ │ │
│额 │ │ │ │ │
│筹资活动产生│--- │-11214300.00│ -10516700.00│ -6.63│
│的现金流量净│ │ │ │ │
│额 │ │ │ │ │
│自由现金流 │--- │ 8204100.00│ 15172000.00│ -45.93│
│营业收入 │--- │105018700.00│ 104075900.00│ 0.91│
│营业成本 │--- │ 74701600.00│ 73877200.00│ 1.12│
│销售费用 │公司加大存量运营│ 5618400.00│ 5456400.00│ 2.97│
│ │、客户服务营销资│ │ │ │
│ │源投入 │ │ │ │
│管理费用 │--- │ 5582100.00│ 5693700.00│ -1.96│
│研发费用 │--- │ 2925300.00│ 2816300.00│ 3.87│
│财务费用 │--- │ -153500.00│ -249500.00│ 38.48│
│营业利润 │--- │ 17844400.00│ 17628400.00│ 1.23│
│归属于母公司│--- │ 13709500.00│ 13837300.00│ -0.92│
│股东的净利润│ │ │ │ │
│归属于母公司│--- │ 12796100.00│ 12271500.00│ 4.27│
│股东的扣除非│ │ │ │ │
│经常性损益的│ │ │ │ │
│净利润 │ │ │ │ │
└──────┴────────┴──────┴────────┴──────┘
【7.资产负债表摘要】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│资产负债指标(万元) │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│货币资金 │ 18785700.00│ 17109400.00│ 24227500.00│ 17877200.00│ 22348300.00│ 33515500.00│
│存货 │ 1556200.00│ 1661300.00│ 1122900.00│ 1202600.00│ 1169600.00│ 1020300.00│
│应收票据及应收账款 │ 12303500.00│ 10093900.00│ 7684400.00│ 5608600.00│ 4353400.00│ 3759200.00│
│合同资产 │ 2337800.00│ 2017800.00│ 2066500.00│ 1940700.00│ 1365700.00│ 655100.00│
│预付款项 │ 917500.00│ 775500.00│ 831500.00│ 751600.00│ 704000.00│ 932600.00│
│其他应收款 │ 2024800.00│ 1588700.00│ 2781700.00│ 4436200.00│ 2916300.00│ 4411600.00│
│流动资产合计 │ 54592200.00│ 49764600.00│ 56855900.00│ 49810400.00│ 45637100.00│ 59537100.00│
│可出售金融资产 │ ---│ ---│ ---│ ---│ ---│ ---│
│长期股权投资 │ 21835300.00│ 21435300.00│ 19856300.00│ 18171500.00│ 17564900.00│ 16955600.00│
│固定资产净额 │ 66442700.00│ 70711600.00│ 71449400.00│ 71466300.00│ 71651100.00│ 70130100.00│
│在建工程 │ 8936800.00│ 6184500.00│ 7427100.00│ 7449600.00│ 6977600.00│ 6909800.00│
│无形资产 │ 5672600.00│ 5974800.00│ 5080400.00│ 4759700.00│ 4650900.00│ 4523800.00│
│商誉 │ 381300.00│ 396400.00│ 100.00│ 100.00│ 100.00│ 4400.00│
│非流动资产合计 │157558200.00│159523600.00│150426800.00│145925300.00│144386700.00│121065600.00│
│资产总计 │212150400.00│209288200.00│207282700.00│195735700.00│190023800.00│180602700.00│
│应付票据及应付账款 │ 34185700.00│ 35130100.00│ 39518400.00│ 32397600.00│ 28606500.00│ 27598100.00│
│预收款项 │ 7786500.00│ 8320600.00│ 7992000.00│ 7903500.00│ 8444600.00│ 8529200.00│
│合同负债 │ 3955400.00│ 4961500.00│ 5496400.00│ 6619300.00│ 7525500.00│ 7906800.00│
│流动负债 │ 62084600.00│ 61356000.00│ 63301800.00│ 55856500.00│ 53333700.00│ 58214800.00│
│长期借款 │ 937400.00│ 974800.00│ ---│ ---│ ---│ ---│
│长期应付款 │ ---│ ---│ ---│ ---│ ---│ ---│
│非流动负债 │ 7470500.00│ 8177100.00│ 7857000.00│ 8810700.00│ 10077800.00│ 4888700.00│
│负债合计 │ 69555100.00│ 69533100.00│ 71158800.00│ 64667200.00│ 63411500.00│ 63103500.00│
│实收资本 │ 47035900.00│ 46844500.00│ 46183800.00│ 45500100.00│ 45350400.00│ 40213000.00│
│资本公积金 │-30335100.00│-30362100.00│-30150100.00│-30173800.00│-30243700.00│-30285700.00│
│盈余公积 │ ---│ ---│ ---│ ---│ ---│ ---│
│未分配利润 │125367100.00│122227000.00│118857700.00│114779800.00│110712000.00│106918700.00│
│少数股东权益 │ 441000.00│ 437600.00│ 450700.00│ 425300.00│ 407500.00│ 394200.00│
│归属母公司权益 │142154300.00│139317500.00│135673200.00│130643200.00│126204800.00│117105000.00│
│股东权益合计 │142595300.00│139755100.00│136123900.00│131068500.00│126612300.00│117499200.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│资产负债指标(万元) │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│货币资金 │ 18785700.00│ 20526200.00│ 17109400.00│ 16105300.00│ 19026200.00│ 22020800.00│
│存货 │ 1556200.00│ 1324000.00│ 1661300.00│ 1302400.00│ 1137800.00│ 1197500.00│
│应收票据及应收账款 │ 12303500.00│ 12432000.00│ 10093900.00│ 11218400.00│ 10627400.00│ 10255200.00│
│合同资产 │ 2337800.00│ 1905100.00│ 2017800.00│ 1829500.00│ 2181300.00│ 1730200.00│
│预付款项 │ 917500.00│ 1039000.00│ 775500.00│ 1069700.00│ 997700.00│ 1219600.00│
│其他应收款 │ 2024800.00│ 1584900.00│ 1588700.00│ 1878100.00│ 1972500.00│ 4350900.00│
│流动资产合计 │ 54592200.00│ 55161300.00│ 49764600.00│ 50777900.00│ 54477400.00│ 56870600.00│
│可出售金融资产 │ ---│ ---│ ---│ ---│ ---│ ---│
│长期股权投资 │ 21835300.00│ 21771000.00│ 21435300.00│ 19917500.00│ 19935500.00│ 20130800.00│
│固定资产净额 │ 66442700.00│ 67995900.00│ 70711600.00│ 67265100.00│ 67356500.00│ 68857900.00│
│在建工程 │ 8936800.00│ 8349900.00│ 6184500.00│ 9510700.00│ 9532800.00│ 8434000.00│
│无形资产 │ 5672600.00│ 5745500.00│ 5974800.00│ 5037400.00│ 4778400.00│ 4883200.00│
│商誉 │ 381300.00│ 387500.00│ 396400.00│ 609800.00│ 500.00│ 100.00│
│非流动资产合计 │157558200.00│160192100.00│159523600.00│156604500.00│154766600.00│152156600.00│
│资产总计 │212150400.00│215353400.00│209288200.00│207382400.00│209244000.00│209027200.00│
│应付票据及应付账款 │ 34185700.00│ 36712900.00│ 35130100.00│ 34537100.00│ 33438500.00│ 35582700.00│
│预收款项 │ 7786500.00│ 8265500.00│ 8320600.00│ 8028200.00│ 7653400.00│ 7828800.00│
│合同负债 │ 3955400.00│ 5895800.00│ 4961500.00│ 4117400.00│ 4036500.00│ 6241700.00│
│流动负债 │ 62084600.00│ 64524900.00│ 61356000.00│ 62655100.00│ 61642400.00│ 61204200.00│
│长期借款 │ 937400.00│ 947400.00│ 974800.00│ 1000.00│ ---│ ---│
│长期应付款 │ ---│ ---│ ---│ ---│ ---│ ---│
│非流动负债 │ 7470500.00│ 8117900.00│ 8177100.00│ 7762000.00│ 7712200.00│ 8342400.00│
│负债合计 │ 69555100.00│ 72642800.00│ 69533100.00│ 70417100.00│ 69354600.00│ 69546600.00│
│实收资本 │ 47035900.00│ 46907900.00│ 46844500.00│ 46753500.00│ 46676100.00│ 46533800.00│
│资本公积金 │-30335100.00│-30427000.00│-30362100.00│-30869200.00│-30342800.00│-30217700.00│
│盈余公积 │ ---│ ---│ ---│ ---│ ---│ ---│
│未分配利润 │125367100.00│125156300.00│122227000.00│120056600.00│122366800.00│121923800.00│
│少数股东权益 │ 441000.00│ 433800.00│ 437600.00│ 316500.00│ 452300.00│ 449000.00│
│归属母公司权益 │142154300.00│142276800.00│139317500.00│136648800.00│139437100.00│139031600.00│
│股东权益合计 │142595300.00│142710600.00│139755100.00│136965300.00│139889400.00│139480600.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【8.利润表摘要】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│利润表指标(万元) │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│营业总收入 │ 53803500.00│105018700.00│104075900.00│100930900.00│ 93725900.00│ 84825800.00│
│营业总成本 │ 44768600.00│ 89074000.00│ 87970000.00│ 86118500.00│ 79337200.00│ 71557900.00│
│营业税金及附加 │ 249900.00│ 400100.00│ 375900.00│ 307100.00│ 289800.00│ 272200.00│
│销售费用 │ 2833600.00│ 5618400.00│ 5456400.00│ 5247700.00│ 4959200.00│ 4824300.00│
│财务费用 │ -76400.00│ -153500.00│ -249500.00│ -345700.00│ -860500.00│ -809600.00│
│管理费用 │ 2635600.00│ 5582100.00│ 5693700.00│ 5602500.00│ 5453300.00│ 5322800.00│
│资产减值损失 │ -34800.00│ -22600.00│ -120900.00│ -56800.00│ -69100.00│ -37900.00│
│公允价值变动净收益 │ 537700.00│ 993600.00│ 1317000.00│ 1287400.00│ 275900.00│ 410200.00│
│投资收益 │ 1284800.00│ 1553100.00│ 1465700.00│ 988600.00│ 1318100.00│ 1339600.00│
│营业利润 │ 9794300.00│ 17844400.00│ 17628400.00│ 16811700.00│ 16130600.00│ 15199400.00│
│营业外收入 │ 162700.00│ 360000.00│ 359300.00│ 387100.00│ 312700.00│ 260000.00│
│营业外支出 │ 48600.00│ 643600.00│ 148800.00│ 145700.00│ 156100.00│ 262100.00│
│利润总额 │ 9908400.00│ 17560800.00│ 17838900.00│ 17053100.00│ 16287200.00│ 15197300.00│
│所得税 │ 2007400.00│ 3834400.00│ 3986300.00│ 3859600.00│ 3727800.00│ 3587800.00│
│净利润 │ 7901000.00│ 13726400.00│ 13852600.00│ 13193500.00│ 12559400.00│ 11609500.00│
│归属母公司净利润 │ 7893400.00│ 13709500.00│ 13837300.00│ 13176600.00│ 12545900.00│ 11593700.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│利润表指标(万元) │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│营业总收入 │ 53803500.00│ 26647800.00│105018700.00│ 79466600.00│ 54376900.00│ 26376000.00│
│营业总成本 │ 44768600.00│ 23115900.00│ 89074000.00│ 65103500.00│ 43856000.00│ 22342600.00│
│营业税金及附加 │ 249900.00│ 109700.00│ 400100.00│ 286200.00│ 194400.00│ 83000.00│
│销售费用 │ 2833600.00│ 1459200.00│ 5618400.00│ 4101400.00│ 2878400.00│ 1440700.00│
│财务费用 │ -76400.00│ -35600.00│ -153500.00│ -134200.00│ -135000.00│ -63200.00│
│管理费用 │ 2635600.00│ 1299800.00│ 5582100.00│ 4044300.00│ 2694900.00│ 1288700.00│
│资产减值损失 │ -34800.00│ 12000.00│ -22600.00│ -7400.00│ -19700.00│ -13500.00│
│公允价值变动净收益 │ 537700.00│ 68100.00│ 993600.00│ 742500.00│ 508400.00│ 87700.00│
│投资收益 │ 1284800.00│ 683800.00│ 1553100.00│ 1187500.00│ 834000.00│ 425800.00│
│营业利润 │ 9794300.00│ 3730000.00│ 17844400.00│ 14570400.00│ 10629500.00│ 3901600.00│
│营业外收入 │ 162700.00│ 42900.00│ 360000.00│ 194400.00│ 126400.00│ 51000.00│
│营业外支出 │ 48600.00│ 16300.00│ 643600.00│ 85000.00│ 48600.00│ 21400.00│
│利润总额 │ 9908400.00│ 3756600.00│ 17560800.00│ 14679800.00│ 10707300.00│ 3931200.00│
│所得税 │ 2007400.00│ 821200.00│ 3834400.00│ 3137500.00│ 2280000.00│ 868200.00│
│净利润 │ 7901000.00│ 2935400.00│ 13726400.00│ 11542300.00│ 8427300.00│ 3063000.00│
│归属母公司净利润 │ 7893400.00│ 2934200.00│ 13709500.00│ 11535300.00│ 8423500.00│ 3063100.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【9.现金流量表摘要】
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│现金流量指标(万元) │ 2026-06-30│ 2025-12-31│ 2024-12-31│ 2023-12-31│ 2022-12-31│ 2021-12-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│经营活动现金流入 │ 53041100.00│108397100.00│108351300.00│106004500.00│100647000.00│ 93259600.00│
│经营活动现金流出 │ 41555700.00│ 85105200.00│ 76777200.00│ 75626500.00│ 72572000.00│ 61783200.00│
│经营活动现金流量净额│ 11485400.00│ 23291900.00│ 31574100.00│ 30378000.00│ 28075000.00│ 31476400.00│
│投资活动现金流入 │ 9593600.00│ 20614000.00│ 16982600.00│ 11027000.00│ 23097600.00│ 26366100.00│
│投资活动现金流出 │ 16052600.00│ 39654300.00│ 35502000.00│ 31596900.00│ 46902900.00│ 50195700.00│
│投资活动现金流量净额│ -6459000.00│-19040300.00│-18519400.00│-20569900.00│-23805300.00│-23829600.00│
│筹资活动现金流入 │ 1771900.00│ 3776400.00│ 2166800.00│ 144700.00│ 333500.00│ 4869500.00│
│筹资活动现金流出 │ 6202800.00│ 14990700.00│ 12683500.00│ 12529000.00│ 12384900.00│ 9389600.00│
│筹资活动现金流量净额│ -4430900.00│-11214300.00│-10516700.00│-12384300.00│-12051400.00│ -4520100.00│
│汇率变动对现金的影响│ -78400.00│ -41500.00│ 37000.00│ 21500.00│ 98000.00│ -5300.00│
│现金及等价物净增加额│ 517100.00│ -7004200.00│ 2575000.00│ -2554700.00│ -7683700.00│ 3121400.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
┌──────────┬──────┬──────┬──────┬──────┬──────┬──────┐
│现金流量指标(万元) │ 2026-06-30│ 2026-03-31│ 2025-12-31│ 2025-09-30│ 2025-06-30│ 2025-03-31│
├──────────┼──────┼──────┼──────┼──────┼──────┼──────┤
│经营活动现金流入 │ 53041100.00│ 27481600.00│108397100.00│ 79760000.00│ 52897000.00│ 27446300.00│
│经营活动现金流出 │ 41555700.00│ 20336900.00│ 85105200.00│ 63655300.00│ 44513800.00│ 24314600.00│
│经营活动现金流量净额│ 11485400.00│ 7144700.00│ 23291900.00│ 16104700.00│ 8383200.00│ 3131700.00│
│投资活动现金流入 │ 9593600.00│ 5055700.00│ 20614000.00│ 16660800.00│ 11733500.00│ 6699200.00│
│投资活动现金流出 │ 16052600.00│ 6130200.00│ 39654300.00│ 30844900.00│ 25158400.00│ 14279100.00│
│投资活动现金流量净额│ -6459000.00│ -1074500.00│-19040300.00│-14184100.00│-13424900.00│ -7579900.00│
│筹资活动现金流入 │ 1771900.00│ 351500.00│ 3776400.00│ 3098500.00│ 4576000.00│ 1263600.00│
│筹资活动现金流出 │ 6202800.00│ 586200.00│ 14990700.00│ 11964600.00│ 6789200.00│ 1033100.00│
│筹资活动现金流量净额│ -4430900.00│ -234700.00│-11214300.00│ -8866100.00│ -2213200.00│ 230500.00│
│汇率变动对现金的影响│ -78400.00│ -33500.00│ -41500.00│ -23500.00│ -19400.00│ -5400.00│
│现金及等价物净增加额│ 517100.00│ 5802000.00│ -7004200.00│ -6969000.00│ -7274300.00│ -4223100.00│
└──────────┴──────┴──────┴──────┴──────┴──────┴──────┘
【10.环比分析】
┌──────┬───────┬───────┬───────┬───────┐
│2025年度 │主营收入(万元)│ 占年度比重(%)│ 净利润(万元)│ 占年度比重(%)│
├──────┼───────┼───────┼───────┼───────┤
│一季报 │ 26376000.00│ 25.12│ 3063100.00│ 22.34│
│二季报 │ 28000900.00│ 26.66│ 5360400.00│ 39.10│
│三季报 │ 25089700.00│ 23.89│ 3111800.00│ 22.70│
│四季报 │ 25552100.00│ 24.33│ 2174200.00│ 15.86│
└──────┴───────┴───────┴───────┴───────┘
┌──────┬───────┬───────┬───────┬───────┐
│2024年度 │主营收入(万元)│ 占年度比重(%)│ 净利润(万元)│ 占年度比重(%)│
├──────┼───────┼───────┼───────┼───────┤
│一季报 │ 26370700.00│ 25.34│ 2960900.00│ 21.40│
│二季报 │ 28303700.00│ 27.20│ 5059200.00│ 36.56│
│三季报 │ 24471400.00│ 23.51│ 3068000.00│ 22.17│
│四季报 │ 24930100.00│ 23.95│ 2749200.00│ 19.87│
└──────┴───────┴───────┴───────┴───────┘
〖免责条款〗
1、本公司力求但不保证提供的任何信息的真实性、准确性、完整性及原创性等，投资者使
用前请自行予以核实，如有错漏请以中国证监会指定上市公司信息披露媒体为准，本公司
不对因上述信息全部或部分内容而引致的盈亏承担任何责任。
2、本公司无法保证该项服务能满足用户的要求，也不担保服务不会受中断，对服务的及时
性、安全性以及出错发生都不作担保。
3、本公司提供的任何信息仅供投资者参考，不作为投资决策的依据，本公司不对投资者依
据上述信息进行投资决策所产生的收益和损失承担任何责任。投资有风险，应谨慎至上。
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