中商官网
研究报告
黄山旅游（600054）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 1993 | 65989200.0000 | 30504200.0000 | 29710400.0000 | 24998700.0000 | 100000000.0000 | 52515400.0000 | 47713600.0000 |
| 1994 | 98869200.0000 | 39850000.0000 | 40201000.0000 | 29219000.0000 | 150000000.0000 | 91968200.0000 | 58087900.0000 |
| 1995 | 144000000.0000 | 60151600.0000 | 59776400.0000 | 43312000.0000 | 178000000.0000 | 99813300.0000 | 78622100.0000 |
| 1996 | 169000000.0000 | 74204100.0000 | 74543900.0000 | 64010900.0000 | 433000000.0000 | 105000000.0000 | 328000000.0000 |
| 1997 | 253000000.0000 | 88863600.0000 | 89780500.0000 | 77103200.0000 | 702000000.0000 | 64208800.0000 | 638000000.0000 |
| 1998 | 240000000.0000 | 93443200.0000 | 111000000.0000 | 78990300.0000 | 786000000.0000 | 135000000.0000 | 651000000.0000 |
| 1999 | 288000000.0000 | 110000000.0000 | 114000000.0000 | 86716200.0000 | 809000000.0000 | 129000000.0000 | 679000000.0000 |
| 2000 | 286000000.0000 | 62285700.0000 | 61688000.0000 | 50053100.0000 | 956000000.0000 | 232000000.0000 | 724000000.0000 |
| 2001 | 399000000.0000 | 84371100.0000 | 75312800.0000 | 45436300.0000 | 1060000000.0000 | 319000000.0000 | 741000000.0000 |
| 2002 | 457000000.0000 | 60710300.0000 | 56488600.0000 | 25901600.0000 | 996000000.0000 | 232000000.0000 | 764000000.0000 |
| 2003 | 305000000.0000 | 3014900.0000 | -24108800.0000 | -41020400.0000 | 909000000.0000 | 230000000.0000 | 679000000.0000 |
| 2004 | 530000000.0000 | 56437400.0000 | 55593700.0000 | 8042100.0000 | 909000000.0000 | 227000000.0000 | 682000000.0000 |
| 2005 | 689000000.0000 | 127000000.0000 | 125000000.0000 | 74608200.0000 | 964000000.0000 | 244000000.0000 | 721000000.0000 |
| 2006 | 865000000.0000 | 230000000.0000 | 229000000.0000 | 143000000.0000 | 1193000000.0000 | 359000000.0000 | 834000000.0000 |
| 2007 | 1041000000.0000 | 268000000.0000 | 264000000.0000 | 163000000.0000 | 1542000000.0000 | 512000000.0000 | 1030000000.0000 |
| 2008 | 1118000000.0000 | 282000000.0000 | 281000000.0000 | 205000000.0000 | 1693000000.0000 | 538000000.0000 | 1156000000.0000 |
| 2009 | 1128000000.0000 | 242000000.0000 | 242000000.0000 | 171000000.0000 | 1880000000.0000 | 618000000.0000 | 1262000000.0000 |
| 2010 | 1445000000.0000 | 328000000.0000 | 317000000.0000 | 245000000.0000 | 2376000000.0000 | 883000000.0000 | 1493000000.0000 |
| 2011 | 1601000000.0000 | 375000000.0000 | 374000000.0000 | 271000000.0000 | 2994000000.0000 | 1248000000.0000 | 1746000000.0000 |
| 2012 | 1477000000.0000 | 350000000.0000 | 358000000.0000 | 261000000.0000 | 3380000000.0000 | 1456000000.0000 | 1924000000.0000 |
| 2013 | 1294000000.0000 | 231000000.0000 | 232000000.0000 | 161000000.0000 | 3355000000.0000 | 1298000000.0000 | 2057000000.0000 |
| 2014 | 1490000000.0000 | 325000000.0000 | 307000000.0000 | 222000000.0000 | 3432000000.0000 | 1181000000.0000 | 2251000000.0000 |
| 2015 | 1665000000.0000 | 428000000.0000 | 433000000.0000 | 312000000.0000 | 4037000000.0000 | 1027000000.0000 | 3010000000.0000 |
| 2016 | 1669000000.0000 | 504000000.0000 | 510000000.0000 | 375000000.0000 | 5154000000.0000 | 933000000.0000 | 4221000000.0000 |
| 2017 | 1784000000.0000 | 605000000.0000 | 598000000.0000 | 438000000.0000 | 4778000000.0000 | 575000000.0000 | 4203000000.0000 |
| 2018 | 1621000000.0000 | 825000000.0000 | 815000000.0000 | 605000000.0000 | 4703000000.0000 | 475000000.0000 | 4228000000.0000 |
| 2019 | 1607000000.0000 | 512000000.0000 | 511000000.0000 | 364000000.0000 | 4968000000.0000 | 445000000.0000 | 4523000000.0000 |
| 2020 | 741000000.0000 | -24353100.0000 | -25883300.0000 | -50110500.0000 | 4894000000.0000 | 428000000.0000 | 4466000000.0000 |
| 2021 | 895000000.0000 | 76279900.0000 | 81495200.0000 | 41820100.0000 | 5150000000.0000 | 636000000.0000 | 4514000000.0000 |
| 2022 | 800000000.0000 | -142000000.0000 | -141000000.0000 | -136000000.0000 | 5211000000.0000 | 919000000.0000 | 4292000000.0000 |
| 2023 | 1929000000.0000 | 651000000.0000 | 649000000.0000 | 456000000.0000 | 5654000000.0000 | 963000000.0000 | 4692000000.0000 |
| 2024 | 1931000000.0000 | 508000000.0000 | 506000000.0000 | 340000000.0000 | 5732000000.0000 | 873000000.0000 | 4859000000.0000 |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
营业利润率 （%) |
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) |
| 1993 | 35.33 | 45.02 | 29.71 | -- | 3.8800 | 5.38 | 0.66 |
| 1994 | 35.33 | 40.66 | 26.80 | -- | 5.3100 | 7.26 | 0.66 |
| 1995 | 36.36 | 41.51 | 33.58 | -- | 5.9300 | 8.73 | 0.81 |
| 1996 | 40.24 | 44.11 | 17.22 | -- | 2.7900 | 8.94 | 0.39 |
| 1997 | 32.02 | 35.49 | 12.79 | 15.5900 | 4.0000 | 11.88 | 0.36 |
| 1998 | 32.08 | 46.25 | 14.12 | 11.9000 | 19.0700 | 11.35 | 0.31 |
| 1999 | 31.60 | 39.58 | 14.09 | -- | 20.2300 | -- | 0.36 |
| 2000 | 20.98 | 21.57 | 6.45 | 6.5000 | 20.5900 | -- | 0.30 |
| 2001 | 21.30 | 18.88 | 7.10 | 6.3000 | 25.9900 | 15.84 | 0.38 |
| 2002 | 11.38 | 12.36 | 5.67 | -- | 30.4200 | 20.67 | 0.46 |
| 2003 | -0.33 | -7.90 | -2.65 | -5.8800 | 19.2500 | 20.40 | 0.34 |
| 2004 | 21.32 | 10.49 | 6.12 | 0.6400 | 23.7400 | 39.34 | 0.58 |
| 2005 | 20.75 | 18.14 | 12.97 | 9.9300 | 32.7600 | 31.94 | 0.71 |
| 2006 | 24.16 | 26.47 | 19.20 | 17.8800 | 33.6100 | 33.46 | 0.73 |
| 2007 | 25.74 | 25.36 | 17.12 | 14.7400 | 34.5500 | 34.03 | 0.68 |
| 2008 | 25.22 | 25.13 | 16.60 | 16.9500 | 4.2400 | 30.20 | 0.66 |
| 2009 | 21.28 | 21.45 | 12.87 | 13.3200 | 1.8600 | 25.96 | 0.60 |
| 2010 | 21.31 | 21.94 | 13.34 | 16.9600 | 1.7900 | 32.06 | 0.61 |
| 2011 | 22.80 | 23.36 | 12.49 | 15.9600 | 1.3300 | 35.33 | 0.53 |
| 2012 | 23.22 | 24.24 | 10.59 | 13.2300 | 1.3200 | 35.68 | 0.44 |
| 2013 | 18.01 | 17.93 | 6.92 | 7.3200 | 0.8000 | 27.91 | 0.39 |
| 2014 | 21.74 | 20.60 | 8.95 | 9.8600 | 0.9000 | 37.31 | 0.43 |
| 2015 | 25.47 | 26.01 | 10.73 | 11.7600 | 1.0400 | 35.16 | 0.41 |
| 2016 | 29.00 | 30.56 | 9.90 | 9.8700 | 1.0600 | 36.40 | 0.32 |
| 2017 | 28.59 | 33.52 | 12.52 | 10.1400 | 2.1800 | 35.09 | 0.37 |
| 2018 | 30.60 | 50.28 | 17.33 | 14.0500 | 30.9500 | 26.99 | 0.34 |
| 2019 | 29.31 | 31.80 | 10.29 | 8.2400 | 25.6300 | 32.52 | 0.32 |
| 2020 | -13.63 | -3.49 | -0.53 | -1.0500 | 16.7500 | 26.30 | 0.15 |
| 2021 | -4.36 | 9.11 | 1.58 | 1.0200 | 17.9300 | 67.16 | 0.17 |
| 2022 | -27.75 | -17.63 | -2.71 | -3.1500 | 3.0600 | 55.13 | 0.15 |
| 2023 | 31.67 | 33.64 | 11.48 | 9.8800 | 2.1200 | 83.92 | 0.34 |
| 2024 | 26.93 | 26.20 | 8.83 | 6.9200 | 3.7100 | 61.43 | 0.34 |
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 |
| 1993 | 52.52 | 47.71 | 0.8500 | 0.7700 |
| 1994 | 61.31 | 38.73 | 0.6100 | 0.5500 |
| 1995 | 56.07 | 44.17 | 0.6000 | 0.5400 |
| 1996 | 24.25 | 75.75 | 2.3000 | 2.2000 |
| 1997 | 9.15 | 90.88 | 6.8300 | 6.7300 |
| 1998 | 17.18 | 82.82 | 3.3600 | 3.2600 |
| 1999 | 15.95 | 83.93 | 3.2100 | 2.5900 |
| 2000 | 24.27 | 75.73 | 3.2000 | 2.4500 |
| 2001 | 30.09 | 69.91 | 1.7800 | 1.7300 |
| 2002 | 23.29 | 76.71 | 1.4300 | 1.3900 |
| 2003 | 25.30 | 74.70 | 1.4100 | 1.3600 |
| 2004 | 24.97 | 75.03 | 1.8500 | 1.7800 |
| 2005 | 25.31 | 74.79 | 2.0600 | 2.0000 |
| 2006 | 30.09 | 69.91 | 1.5000 | 1.4300 |
| 2007 | 33.20 | 66.80 | 1.5000 | 1.1300 |
| 2008 | 31.78 | 68.28 | 1.3300 | 0.7100 |
| 2009 | 32.87 | 67.13 | 1.3600 | 0.6000 |
| 2010 | 37.16 | 62.84 | 1.2900 | 0.5200 |
| 2011 | 41.68 | 58.32 | 1.0800 | 0.2700 |
| 2012 | 43.08 | 56.92 | 0.8900 | 0.2800 |
| 2013 | 38.69 | 61.31 | 1.0300 | 0.3100 |
| 2014 | 34.41 | 65.59 | 1.1000 | 0.3200 |
| 2015 | 25.44 | 74.56 | 1.8900 | 0.8000 |
| 2016 | 18.10 | 81.90 | 3.1600 | 1.7800 |
| 2017 | 12.03 | 87.97 | 5.5400 | 3.3700 |
| 2018 | 10.10 | 89.90 | 5.5100 | 4.6200 |
| 2019 | 8.96 | 91.04 | 6.4400 | 5.4200 |
| 2020 | 8.75 | 91.25 | 5.8000 | 5.5800 |
| 2021 | 12.35 | 87.65 | 5.1300 | 4.9000 |
| 2022 | 17.64 | 82.36 | 4.2200 | 3.3400 |
| 2023 | 17.03 | 82.99 | 3.9400 | 3.1600 |
| 2024 | 15.23 | 84.77 | 3.8700 | 3.6300 |
成本费用分析
| 类别\年份 | 营业成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 1993 | 42675100.0000 | 21968100.0000 | 4914900.0000 | -431800.0000 |
| 1994 | 63936200.0000 | 28002900.0000 | 8996000.0000 | 261000.0000 |
| 1995 | 91637600.0000 | 36814800.0000 | 10730200.0000 | 5529700.0000 |
| 1996 | 101000000.0000 | 63093900.0000 | 12966800.0000 | 1264100.0000 |
| 1997 | 172000000.0000 | 100000000.0000 | 45326900.0000 | -7787600.0000 |
| 1998 | 163000000.0000 | 50338500.0000 | -- | -15279700.0000 |
| 1999 | 197000000.0000 | -- | 61045300.0000 | -13786400.0000 |
| 2000 | 226000000.0000 | -- | 72792000.0000 | -3053900.0000 |
| 2001 | 314000000.0000 | -- | 76288600.0000 | 11971700.0000 |
| 2002 | 405000000.0000 | -- | 105000000.0000 | 4437500.0000 |
| 2003 | 306000000.0000 | -- | 95620600.0000 | 207600.0000 |
| 2004 | 417000000.0000 | -- | 116000000.0000 | 918400.0000 |
| 2005 | 546000000.0000 | -- | 102000000.0000 | -1147300.0000 |
| 2006 | 656000000.0000 | -- | 131000000.0000 | 429200.0000 |
| 2007 | 773000000.0000 | -- | 152000000.0000 | -118700.0000 |
| 2008 | 836000000.0000 | -- | 164000000.0000 | -1022700.0000 |
| 2009 | 888000000.0000 | 10043900.0000 | 160000000.0000 | 7444900.0000 |
| 2010 | 1137000000.0000 | 11928400.0000 | 190000000.0000 | 14486900.0000 |
| 2011 | 1236000000.0000 | 14041300.0000 | 215000000.0000 | 17673700.0000 |
| 2012 | 1134000000.0000 | 14923300.0000 | 258000000.0000 | 39929200.0000 |
| 2013 | 1061000000.0000 | 19511200.0000 | 247000000.0000 | 43802300.0000 |
| 2014 | 1166000000.0000 | 17170000.0000 | 263000000.0000 | 39085200.0000 |
| 2015 | 1241000000.0000 | 21899500.0000 | 277000000.0000 | 22247800.0000 |
| 2016 | 1185000000.0000 | 19460700.0000 | 286000000.0000 | 6605800.0000 |
| 2017 | 1274000000.0000 | 27511700.0000 | 310000000.0000 | -4732300.0000 |
| 2018 | 1125000000.0000 | 109000000.0000 | 263000000.0000 | 1779000.0000 |
| 2019 | 1136000000.0000 | 105000000.0000 | 304000000.0000 | -7908500.0000 |
| 2020 | 842000000.0000 | 48377500.0000 | 297000000.0000 | -13594100.0000 |
| 2021 | 934000000.0000 | 42597000.0000 | 297000000.0000 | 276200.0000 |
| 2022 | 1022000000.0000 | 48515800.0000 | 320000000.0000 | -801400.0000 |
| 2023 | 1318000000.0000 | 51530200.0000 | 358000000.0000 | -1425000.0000 |
| 2024 | 1411000000.0000 | 60966600.0000 | 382000000.0000 | 2681600.0000 |