中商官网
研究报告
明辉股份（837510）
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) |
| 2013 | 25888500.0000 | 245100.0000 | 3602600.0000 | 2779500.0000 | 40572200.0000 | 21885600.0000 | 18686600.0000 |
| 2014 | 50726800.0000 | 5399000.0000 | 5409000.0000 | 5441400.0000 | 68553000.0000 | 44425000.0000 | 24128000.0000 |
| 2015 | 103000000.0000 | 10280700.0000 | 10582900.0000 | 10687700.0000 | 77487400.0000 | 26837300.0000 | 50650100.0000 |
| 2016 | 144000000.0000 | 9057200.0000 | 10355800.0000 | 10648900.0000 | 98142500.0000 | 35233400.0000 | 62909000.0000 |
| 2017 | 196000000.0000 | 15919800.0000 | 15948500.0000 | 16010100.0000 | 137000000.0000 | 58366800.0000 | 78804700.0000 |
| 2018 | 297000000.0000 | 20884200.0000 | 20839100.0000 | 21365900.0000 | 186000000.0000 | 70380900.0000 | 115000000.0000 |
| 2019 | 389000000.0000 | 35113900.0000 | 35073400.0000 | 35394500.0000 | 289000000.0000 | 78286900.0000 | 211000000.0000 |
| 2020 | 418000000.0000 | 39234100.0000 | 38830000.0000 | 37896800.0000 | 382000000.0000 | 106000000.0000 | 276000000.0000 |
| 2021 | 512000000.0000 | 39517200.0000 | 39617600.0000 | 40360300.0000 | 435000000.0000 | 118000000.0000 | 317000000.0000 |
| 2022 | 529000000.0000 | 47357900.0000 | 43234000.0000 | 43153400.0000 | 570000000.0000 | 167000000.0000 | 403000000.0000 |
| 2023 | 575000000.0000 | 39157300.0000 | 35080400.0000 | 37660900.0000 | 701000000.0000 | 260000000.0000 | 441000000.0000 |
| 2024 | 600000000.0000 | 48678800.0000 | 37411200.0000 | 37919000.0000 | 894000000.0000 | 416000000.0000 | 478000000.0000 |
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) |
| 2013 | 0.95 | 13.92 | 8.88 | 23.6100 | 1437.2800 | 10.77 | 0.64 |
| 2014 | 10.64 | 10.66 | 7.89 | 29.6500 | 38.6200 | 20.59 | 0.74 |
| 2015 | 10.43 | 10.27 | 13.66 | 40.1100 | 24.0900 | 12.99 | 1.33 |
| 2016 | 6.25 | 7.19 | 10.55 | 19.0200 | 24.9500 | 6.85 | 1.47 |
| 2017 | 8.16 | 8.14 | 11.64 | 24.4900 | 23.6500 | 6.75 | 1.43 |
| 2018 | 6.73 | 7.02 | 11.20 | 23.0900 | 23.2600 | 10.08 | 1.60 |
| 2019 | 8.48 | 9.02 | 12.14 | 24.2900 | 30.8600 | 10.63 | 1.35 |
| 2020 | 9.09 | 9.29 | 10.16 | 16.3500 | 21.3700 | 8.01 | 1.09 |
| 2021 | 7.62 | 7.74 | 9.11 | 13.5700 | 16.6300 | 6.29 | 1.18 |
| 2022 | 8.70 | 8.17 | 7.58 | 12.6100 | 14.5400 | 5.08 | 0.93 |
| 2023 | 6.78 | 6.10 | 5.00 | 8.7800 | 19.4700 | 4.38 | 0.82 |
| 2024 | 8.00 | 6.24 | 4.18 | 7.4700 | 25.8000 | 3.82 | 0.67 |
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 |
| 2013 | 53.94 | 46.06 | 1.4900 | 1.2500 |
| 2014 | 64.80 | 35.20 | 0.9600 | 0.9000 |
| 2015 | 34.63 | 65.37 | 1.8900 | 1.1600 |
| 2016 | 35.90 | 64.10 | 1.9400 | 1.4800 |
| 2017 | 42.60 | 57.52 | 1.6300 | 1.2700 |
| 2018 | 37.84 | 61.83 | 1.5400 | 0.9100 |
| 2019 | 27.09 | 73.01 | 1.5400 | 1.1700 |
| 2020 | 27.75 | 72.25 | 2.0300 | 1.5000 |
| 2021 | 27.13 | 72.87 | 2.2100 | 1.5700 |
| 2022 | 29.30 | 70.70 | 1.7800 | 1.2700 |
| 2023 | 37.09 | 62.91 | 1.7100 | 1.2900 |
| 2024 | 46.53 | 53.47 | 1.2600 | 0.9700 |
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) |
| 2013 | 25643400.0000 | 616800.0000 | 1526600.0000 | 1459500.0000 |
| 2014 | 45327800.0000 | 658800.0000 | 2669300.0000 | 1655500.0000 |
| 2015 | 92261300.0000 | 1926500.0000 | 5271000.0000 | 1366000.0000 |
| 2016 | 135000000.0000 | 3173200.0000 | 12789400.0000 | 1066900.0000 |
| 2017 | 180000000.0000 | 5910800.0000 | 18868800.0000 | 1629300.0000 |
| 2018 | 277000000.0000 | 8228500.0000 | 24800500.0000 | 2751100.0000 |
| 2019 | 356000000.0000 | 8781500.0000 | 25563100.0000 | 3077500.0000 |
| 2020 | 380000000.0000 | 10823900.0000 | 28299800.0000 | 3003600.0000 |
| 2021 | 473000000.0000 | 12247800.0000 | 23105200.0000 | 4252000.0000 |
| 2022 | 483000000.0000 | 14448100.0000 | 33009200.0000 | 6071900.0000 |
| 2023 | 536000000.0000 | 14372900.0000 | 29424000.0000 | 4978700.0000 |
| 2024 | 552000000.0000 | 21887900.0000 | 36154200.0000 | 5041800.0000 |