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肉丝库水柚子猫link管理平台:感受极致刺激与释放的绮幻旅程! - 骤变网络
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肉丝库水柚子猫link管理平台:感受极致刺激与释放的绮幻旅程!

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电话:2025 泰安市(东平县、新泰市、泰山区、岱岳区、肥城市、宁阳县)
内蒙古自治区
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赣州市(瑞金市、定南县、石城县、信丰县、赣县区、上犹县、南康区、兴国县、宁都县、章贡区、龙南市、大余县、崇义县、安远县、寻乌县、于都县、全南县、会昌县)
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深圳市(宝安区、龙岗区、南山区、光明区、福田区、罗湖区、坪山区、龙华区、盐田区)
清远市(英德市、清城区、清新区、连州市、连山壮族瑶族自治县、阳山县、连南瑶族自治县、佛冈县)
扬州市(江都区、宝应县、高邮市、仪征市、邗江区、广陵区)
甘南藏族自治州(玛曲县、临潭县、迭部县、合作市、碌曲县、夏河县、舟曲县、卓尼县)
郴州市(资兴市、汝城县、永兴县、桂东县、苏仙区、安仁县、嘉禾县、宜章县、桂阳县、临武县、北湖区)

  据证券之星公开数据整理,近期海正生材(688203)发布2024年年报。截至本报告期末,公司营业总收入8.45亿元,同比上升12.2%,归母净利润3550.46万元,同比下降18.47%。按单季度数据看,第四季度营业总收入1.86亿元,同比下降8.53%,第四季度归母净利润205.09万元,同比下降67.23%。本报告期海正生材应收账款上升,应收账款同比增幅达113.89%。

  该数据低于大多数分析师的预期,此前分析师普遍预期2024年净利润为盈利6150万元左右。

  本次财报公布的各项数据指标表现一般。其中,毛利率12.52%,同比减4.48%,净利率4.2%,同比减27.31%,销售费用、管理费用、财务费用总计2579.37万元,三费占营收比3.05%,同比增21.51%,每股净资产7.36元,同比增0.69%,每股经营性现金流0.19元,同比减76.18%,每股收益0.18元,同比减14.29%

  财务报表中对有大幅变动的财务项目的原因说明如下:

营业收入变动幅度为12.2%,原因:报告期内聚乳酸树脂销量增加,营收增长。销售费用变动幅度为10.03%,原因:本期展览费及销售人员薪酬增加。管理费用变动幅度为-3.52%,原因:本期保险费以及咨询费减少。研发费用变动幅度为5.35%,原因:本期研发人工、折旧费以及材料费增加。财务费用变动幅度为52.62%,原因:本期利息收入减少。经营活动产生的现金流量净额变动幅度为-76.18%,原因:经营性应收项目增加,经营性应付项目减少。投资活动产生的现金流量净额变动幅度为-37.13%,原因:本期子公司海创达募投项目固定资产投入增加。筹资活动产生的现金流量净额变动幅度为-139.29%,原因:本期净偿还债务规模较同期增加以及股份回购。货币资金变动幅度为-39.73%,原因:子公司募投项目当期投入,募集资金减少。应收票据变动幅度为284.23%,原因:本期票据结算规模扩大及收到的非高信用等级的票据增加。应收款项变动幅度为113.89%,原因:销量增加,应收货款增加。应收款项融资变动幅度为-47.31%,原因:本报告期末持有的大型银行票据减少。预付款项变动幅度为163.62%,原因:本报告期末预付材料款较年初增加。其他应收款变动幅度为53.4%,原因:支付的押金增加。其他流动资产变动幅度为109.28%,原因:本报告期末子公司海创达待抵扣增值税进项税较上年末大幅增加。在建工程变动幅度为199.06%,原因:本报告期募投项目投入大幅增加。递延所得税资产变动幅度为83.74%,原因:本报告期末资产减值对应的可抵扣暂时性差异增加。其他非流动资产变动幅度为-95.08%,原因:本报告期末募投项目预付设备大部分到货。应付账款变动幅度为46.45%,原因:本报告期末应付长期资产购置款较年初增加。合同负债变动幅度为-23.83%,原因:报告期末预收货款较年初减少。应交税费变动幅度为81.55%,原因:应交所得税和增值税较年初增加。一年内到期的非流动负债变动幅度为-34.28%,原因:本报告期末一年内到期的长期借款减少。其他流动负债变动幅度为149.33%,原因:本报告期末已背书未到期未终止确认票据增加。长期借款变动幅度为-55.07%,原因:本期偿还到期长期借款。营业成本变动幅度为12.96%,原因:营业成本随营业收入增长而增加,且本期出口物流费增幅较大。

  证券之星价投圈财报分析工具显示:

业务评价:公司去年的ROIC为1.8%,资本回报率不强。去年的净利率为4.2%,算上全部成本后,公司产品或服务的附加值不高。融资分红:公司上市3年以来,累计融资总额8.45亿元,累计分红总额3040.17万元,分红融资比为0.04。商业模式:公司业绩主要依靠研发、股权融资及资本开支驱动,还需重点关注公司资本开支项目是否划算以及资本支出是否刚性面临资金压力。需要仔细研究这类驱动力背后的实际情况。

  财报体检工具显示:

建议关注公司应收账款状况(应收账款/利润已达151.57%)

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