中醫(yī)藥類上市公司2024年三季報(bào)綜述分析及全年業(yè)績預(yù)測

中國銀河證券博士后科研工作站研究報(bào)告http:/田書華8610）80927693中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh1一、前三季度中醫(yī)藥板塊業(yè)績同比略有下滑1.前三季度中醫(yī)藥板塊營業(yè)總收入整體來看同比下降圖表1：75家中藥類上市公司2024年前三季度與2023年前三季度營業(yè)總收入比較營業(yè)總收入[2023年前三季度，合并報(bào)表，百萬元]營業(yè)總收入[2024年前三季度，合并報(bào)表，百萬元]603439.SH貴州三力969.50521,447.114249.2632600671.SHST目藥86.1072124.680444.7968300181.SZ佐力藥業(yè)1,464.94712,044.879339.5872000423.SZ東阿阿膠3,428.28254,329.229226.2798600381.SHST春天160.7127198.034723.2228300049.SZ福瑞股份807.0014979.861121.4200002287.SZ奇正藏藥1,246.23681,471.754818.0959600993.SH馬應(yīng)龍2,446.24452,791.816814.1266002773.SZ康弘藥業(yè)2,998.81273,411.293213.7548600436.SH片仔癀7,599.87688,450.322111.1903301111.SZ粵萬年青206.0440228.744311.0172603998.SH方盛制藥1,214.91291,347.963210.9514600285.SH羚銳制藥2,506.78082,759.116210.0661600518.SH康美藥業(yè)3,534.12113,873.55839.6046300108.SZ*ST吉藥238.0005254.83277.0723836433.BJ大唐藥業(yè)148.2215158.06306.6397000999.SZ華潤三九18,608.006019,740.28706.0849600332.SH白云山58,184.549559,060.00031.5046002412.SZ漢森制藥684.1418693.98171.4383688799.SH華納藥廠1,055.74291,069.30331.2844000538.SZ云南白藥29,688.532129,915.15510.7633600085.SH同仁堂13,721.380013,819.70950.7166832566.BJ梓橦宮296.2290298.19120.6624002864.SZ盤龍藥業(yè)716.2327716.92290.0964300519.SZ新光藥業(yè)216.1139216.21150.0451300534.SZ隴神戎發(fā)812.3063806.2116-0.7503603567.SH珍寶島2,051.70022,029.3967-1.0871002424.SZST百靈2,809.73522,775.4082-1.2217000790.SZ華神科技672.4555663.0792-1.3943600535.SH天士力6,571.39216,462.5598-1.6562600479.SH千金藥業(yè)2,778.90972,714.6460-2.3126中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh2600422.SH昆藥集團(tuán)5,610.86385,457.4549-2.7341300039.SZ上海凱寶1,154.32851,121.2373-2.8667600329.SH達(dá)仁堂5,793.03985,610.9326-3.1436002275.SZ桂林三金1,631.76821,574.7876-3.4920600351.SH亞寶藥業(yè)2,199.44432,121.5098-3.5434002826.SZ易明醫(yī)藥538.3007512.8432-4.7292600572.SH康恩貝5,184.26694,913.0073-5.2324002390.SZ信邦制藥4,823.20764,565.3558-5.3461002349.SZ精華制藥1,119.65921,045.1723-6.6526600538.SH國發(fā)股份283.2657263.4789-6.9853600222.SH太龍藥業(yè)1,442.86961,340.6732-7.0829000766.SZ通化金馬1,044.2421968.5892-7.2448600976.SH健民集團(tuán)3,117.61922,881.3171-7.5796002317.SZ眾生藥業(yè)2,071.27861,908.0220-7.8819600771.SH廣譽(yù)遠(yuǎn)970.4707893.5258-7.9286600211.SH西藏藥業(yè)2,368.00992,175.4434-8.1320600750.SH江中藥業(yè)3,140.05902,971.8791-8.1880600613.SH神奇制藥1,710.54291,563.2735-8.6095300026.SZ紅日藥業(yè)4,922.43434,441.0700-9.7790833266.BJ生物谷469.2374420.1363-10.4640600252.SH中恒集團(tuán)2,165.74721,926.8647-11.0300600557.SH康緣藥業(yè)3,496.03103,109.5359-11.0553600566.SH濟(jì)川藥業(yè)6,536.76505,805.1345-11.1925300147.SZ香雪制藥1,728.18151,533.5600-11.2616000989.SZST九芝2,370.23182,063.5336-12.9396603896.SH壽仙谷542.6323472.0380-13.0096300878.SZ維康藥業(yè)432.0017370.8495-14.1556603139.SH康惠制藥472.2283404.5455-14.3326600129.SH太極集團(tuán)12,182.741610,433.8181-14.3557603858.SH步長制藥9,983.22248,514.4036-14.7129002873.SZ新天藥業(yè)775.6652660.8453-14.8028000650.SZ仁和藥業(yè)3,818.69193,150.6377-17.4943300158.SZ振東制藥2,783.74542,269.4248-18.4758000623.SZ吉林敖東2,353.82501,909.5097-18.8763002107.SZ沃華醫(yī)藥716.3924576.6787-19.5024002644.SZ佛慈制藥860.5112708.5315-19.7509600594.SH益佰制藥2,136.83431,713.8403-19.7954000590.SZ啟迪藥業(yè)274.6298216.2312-21.2645002566.SZ益盛藥業(yè)651.1489505.5607-22.3587002603.SZ以嶺藥業(yè)8,574.67836,365.4410-25.7647002737.SZ葵花藥業(yè)4,235.19562,966.9065-29.9464002198.SZ嘉應(yīng)制藥377.2314259.6046-31.1816002750.SZ*ST龍津71.053546.6048-34.4088603963.SH*ST大藥73.273247.6474-34.9730285,130.8021277,633.7843-2.629325801中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh3圖表2：75家中藥類上市公司2024年前三季度與2023年前三季度利潤總額比較利潤總額[2023年前三季度，合并報(bào)表，百萬元]利潤總額[2024年前三季度，合并報(bào)表，百萬元]300158.SZ振東制藥11.157451.7688363.9869600222.SH太龍藥業(yè)-20.990124.4210216.3455600518.SH康美藥業(yè)-132.547019.0954114.4065600671.SHST目藥-27.5260-3.627886.8205603567.SH珍寶島239.0384438.688183.5220002826.SZ易明醫(yī)藥29.852150.638269.6302002750.SZ*ST龍津-31.2624-11.696762.5854603998.SH方盛制藥158.5147249.980057.7015300181.SZ佐力藥業(yè)336.2237494.787047.1601000423.SZ東阿阿膠955.14261,348.692041.2032603439.SH貴州三力182.1618233.267828.0553002412.SZ漢森制藥117.0891149.555327.7278600285.SH羚銳制藥537.8768665.105123.6538000999.SZ華潤三九3,249.72183,984.603422.6137300049.SZ福瑞股份172.7988210.882722.0395000766.SZ通化金馬22.168925.796116.3619600351.SH亞寶藥業(yè)244.8147284.011316.0107002773.SZ康弘藥業(yè)982.20101,138.170515.8796600993.SH馬應(yīng)龍505.9833568.895112.4336600436.SH片仔癀2,897.50563,188.030510.0267600750.SH江中藥業(yè)733.1615807.56369.4163300039.SZ上海凱寶238.6673256.46967.4590002287.SZ奇正藏藥413.1297441.43716.8519600422.SH昆藥集團(tuán)476.7766497.50614.3478002864.SZ盤龍藥業(yè)97.6418101.57614.0293000538.SZ云南白藥4,863.76335,013.25133.0735600566.SH濟(jì)川藥業(yè)2,259.57572,233.4976-1.1541600557.SH康緣藥業(yè)435.0429427.2587-1.7893002275.SZ桂林三金477.5793464.9869-2.6367600329.SH達(dá)仁堂961.2852923.4112-3.9399688799.SH華納藥廠170.3417163.4425-4.0502300534.SZ隴神戎發(fā)74.288170.7228-4.7993000623.SZ吉林敖東1,327.39991,253.5884-5.5606600085.SH同仁堂2,596.22232,418.6559-6.8394600211.SH西藏藥業(yè)954.6696882.8264-7.5254002424.SZST百靈169.5078153.8341-9.2466836433.BJ大唐藥業(yè)14.295212.7416-10.8678002349.SZ精華制藥257.0021225.2094-12.3706000790.SZ華神科技25.131521.9897-12.5016832566.BJ梓橦宮74.978965.1161-13.1541600771.SH廣譽(yù)遠(yuǎn)104.262289.6306-14.0335600613.SH神奇制藥84.122172.2111-14.1592600479.SH千金藥業(yè)282.5293241.5684-14.4979603896.SH壽仙谷139.6695118.5703-15.1065600332.SH白云山4,752.43304,006.0378-15.7055000989.SZST九芝346.9404287.9007-17.0172600535.SH天士力1,204.0888996.5693-17.2201600572.SH康恩貝794.2092647.7003-18.4471000650.SZ仁和藥業(yè)858.7343683.3665-20.4217002390.SZ信邦制藥335.7008264.2722-21.2775600976.SH健民集團(tuán)459.1536347.8452-24.2421600129.SH太極集團(tuán)911.5504665.7817-26.9616002737.SZ葵花藥業(yè)1,036.2953744.3661-28.1705600381.SHST春天-64.4674-84.9516-31.7746002873.SZ新天藥業(yè)102.956568.2675-33.6928300519.SZ新光藥業(yè)69.086042.6273-38.2982002644.SZ佛慈制藥74.294045.6718-39.9215600538.SH國發(fā)股份-13.3343-18.7007-40.2457603963.SH*ST大藥-13.5346-19.1292-41.3359002317.SZ眾生藥業(yè)314.3602177.7228-43.4652002566.SZ益盛藥業(yè)70.153138.3793-45.2920300108.SZ*ST吉藥-197.5352-287.0773-45.3297300147.SZ香雪制藥-127.3754-187.8383-47.4682002107.SZ沃華醫(yī)藥48.211925.1712-47.7906300878.SZ維康藥業(yè)89.088543.8282-50.8037603858.SH步長制藥1,080.8026501.8459-53.5673301111.SZ粵萬年青34.977514.6796-58.0312300026.SZ紅日藥業(yè)594.0345201.9167-66.0093002603.SZ以嶺藥業(yè)2,106.0893672.1084-68.0874833266.BJ生物谷8.70162.7544-68.3458002198.SZ嘉應(yīng)制藥28.60894.8073-83.1963600252.SH中恒集團(tuán)68.39130.8091-98.8169600594.SH益佰制藥194.9075-173.7664-189.1532000590.SZ啟迪藥業(yè)9.4918-25.7358-371.1374603139.SH康惠制藥2.7203-46.2542-1,800.3256合計(jì)42,840.703339,709.1054-7.8863中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh4中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh5圖表3：75家中藥類上市公司2024年前三季度與2023年前三季度凈利潤比較證券代碼證券簡稱凈利潤[2023年前百萬元]凈利潤[2024年前三季度，合并報(bào)表，百萬元]2024年前三季度凈利潤(同比增長率)[%]300158.SZ振東制藥-4.134136.5650984.4790600222.SH太龍藥業(yè)-19.520729.9475253.4144600518.SH康美藥業(yè)-146.53888.1109105.5350600671.SHST目藥-27.5261-3.761186.3364603567.SH珍寶島217.6545396.434682.1394002826.SZ易明醫(yī)藥24.399842.620674.6762603998.SH方盛制藥140.6192227.396761.7110002750.SZ*ST龍津-32.3958-12.556961.2390000766.SZ通化金馬14.851923.864760.6840000423.SZ東阿阿膠785.14161,152.145346.7436300181.SZ佐力藥業(yè)292.5837427.382346.0718300049.SZ福瑞股份121.7362159.152630.7357603439.SH貴州三力157.4801198.783626.2277600285.SH羚銳制藥466.1859573.907923.1071000999.SZ華潤三九2,695.17913,244.717520.3897002412.SZ漢森制藥109.7423130.753019.1455002773.SZ康弘藥業(yè)816.2071964.889818.2163300039.SZ上海凱寶195.8309216.637810.6250600436.SH片仔癀2,464.09632,717.761910.2945600993.SH馬應(yīng)龍430.3777472.14239.7042600750.SH江中藥業(yè)624.6704683.89298.9834600351.SH亞寶藥業(yè)212.5015228.46797.5135002864.SZ盤龍藥業(yè)84.515089.28265.6412000538.SZ云南白藥4,122.50604,329.70055.0259002287.SZ奇正藏藥379.5415394.36843.9065600557.SH康緣藥業(yè)359.7538363.98331.1757836433.BJ大唐藥業(yè)10.451910.3768-0.7182600422.SH昆藥集團(tuán)396.2253390.5131-1.4417600566.SH濟(jì)川藥業(yè)1,947.37991,907.3461-2.0558002275.SZ桂林三金396.8948383.8759-3.2802688799.SH華納藥廠144.6824139.3367-3.6948000623.SZ吉林敖東1,270.02551,218.5460-4.0534600329.SH達(dá)仁堂842.0242793.1342-5.8063600211.SH西藏藥業(yè)863.5201795.1468-7.9180600085.SH同仁堂2,173.31351,983.6590-8.7265600613.SH神奇制藥65.449858.8142-10.1386600479.SH千金藥業(yè)239.6141213.3650-10.9547002349.SZ精華制藥220.1310190.5090-13.4565832566.BJ梓橦宮64.995556.1324-13.6365600771.SH廣譽(yù)遠(yuǎn)93.614680.3273-14.1937603896.SH壽仙谷139.3608118.6704-14.8466600332.SH白云山3,928.72523,289.4407-16.2721000989.SZST九芝287.5151239.6617-16.6438600535.SH天士力1,000.3159828.1443-17.1943000650.SZ仁和藥業(yè)652.5937514.9027-21.0990600572.SH康恩貝699.8871546.1838-21.9612600976.SH健民集團(tuán)416.6904324.5876-22.1034002390.SZ信邦制藥303.4454232.7375-23.3017300534.SZ隴神戎發(fā)62.933047.5468-24.4486600129.SH太極集團(tuán)767.2360551.7556-28.0853603963.SH*ST大藥-15.3890-19.7351-28.2417600381.SHST春天-68.5764-88.6480-29.2689002873.SZ新天藥業(yè)87.711760.9998-30.4542002737.SZ葵花藥業(yè)887.0565605.5135-31.7390002644.SZ佛慈制藥59.034540.4487-33.3038000790.SZ華神科技23.045815.2657-33.7595300878.SZ維康藥業(yè)70.873346.2051-34.8061600538.SH國發(fā)股份-14.3251-19.3226-34.8865300519.SZ新光藥業(yè)58.699837.7824-35.6346002424.SZST百靈140.881587.1043-38.1719002566.SZ益盛藥業(yè)60.199133.4024-44.5134300108.SZ*ST吉藥-201.3366-293.9597-46.0041300147.SZ香雪制藥-131.8911-196.8896-49.2819002317.SZ眾生藥業(yè)279.2150135.9109-51.3239301111.SZ粵萬年青30.242814.0274-53.6172002107.SZ沃華醫(yī)藥46.438320.1392-56.6324300026.SZ紅日藥業(yè)511.9639192.3979-62.4196002603.SZ以嶺藥業(yè)1,753.9367549.0869-68.6940833266.BJ生物谷6.04411.7905-70.3759603858.SH步長制藥831.2336217.8758-73.7889002198.SZ嘉應(yīng)制藥24.90602.8733-88.4633600252.SH中恒集團(tuán)57.4811-9.1855-115.9800600594.SH益佰制藥161.4999-174.2418-207.8897000590.SZ啟迪藥業(yè)6.5773-28.2335-529.2585603139.SH康惠制藥1.1059-47.7822-4,420.5078合計(jì)36,139.113233,194.1309-8.1490中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh6二、2024年前三季度中藥類上市公司業(yè)績變化分析中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh7三、國家支持中藥行業(yè)發(fā)展基本面沒變，依然看好中藥行業(yè)未來發(fā)展前景中的六味地黃系列和阿膠系列，就屬于非處方藥，消費(fèi)屬性明顯。例如：同仁堂中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh8四、對中藥類上市公司2024年第四季度及全年業(yè)績的預(yù)測=33,194.1309+8,422.9中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh9中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh圖表4：75家中藥類上市公司2024年前凈利潤預(yù)測證券代碼證券簡稱凈利潤，2024一季報(bào)[百萬元]凈利潤，2024中報(bào)[百萬元]凈利潤，2024三季報(bào)[百萬元]凈利潤，2024第三季度[百萬元]凈利潤，2024第四季度[百萬元]（預(yù)估）000538.SZ云南白藥1,699.04643,189.96294,329.70051,139.737639071,139.73763907600332.SH白云山2,031.72492,668.03203,289.4407621.40862514621.40862514600085.SH同仁堂862.53371,514.97231,983.6590468.68665466468.68665466600535.SH天士力293.0131653.0108828.144317513347498600557.SH康緣藥業(yè)149.5676271.2951363.983392.6882168992.68821689600422.SH昆藥集團(tuán)120.9717233.7064390.5131156.80673081156.80673081600750.SH江中藥業(yè)284.5451524.4201683.8929159.47278133159.47278133600976.SH健民集團(tuán)100.1974241.0555324.587683.5320586983.53205869000423.SZ東阿阿膠353.5634738.67931,152.1453413.46606304413.46606304000999.SZ華潤三九1,453.16822,577.05343,244.7175667.66408558667.66408558000623.SZ吉林敖東132.6531518.11931,218.5460700.42671579700.42671579000650.SZ仁和藥業(yè)209.7972412.7059514.9027102.19684574102.19684574000989.SZST九芝144.4171204.0887239.661735.5729770735.57297707000766.SZ通化金馬9.165812.351423.864711.5132426611.51324266000590.SZ啟迪藥業(yè)-8.2665-23.2764-28.2335-4.95701437-4.95701437000790.SZ華神科技4.123313.920515.26571.345213901.34521390600436.SH片仔癀998.77931,748.35772,717.7619969.40415631969.40415631600566.SH濟(jì)川藥業(yè)846.78731,341.29391,907.3461566.05214573566.05214573603858.SH步長制藥87.6989181.1352217.875836.7406326736.74063267600572.SH康恩貝229.9647407.5587546.1838138.62518169138.62518169600329.SH達(dá)仁堂383.3817651.1727793.1342141.96152241141.96152241603567.SH珍寶島293.2729395.0189396.43461.415774751.41577475600252.SH中恒集團(tuán)52.079822.9465-9.1855-32.13194735-32.13194735600771.SH廣譽(yù)遠(yuǎn)49.621968.579780.327311.7475226811.74752268600993.SH馬應(yīng)龍203.2210323.6254472.1423148.51688338148.51688338600129.SH太極集團(tuán)249.1419502.1210551.755649.6345868749.63458687600211.SH西藏藥業(yè)315.2412626.0836795.1468169.06321733169.06321733603896.SH壽仙谷77.1302100.8733118.670417.7970769617.79707696600351.SH亞寶藥業(yè)109.7720175.1918228.467953.2760771653.27607716600285.SH羚銳制藥190.3286413.1149573.9079160.79301460160.79301460600594.SH益佰制藥-71.4118-110.9740-174.2418-63.26783629-63.26783629600479.SH千金藥業(yè)61.0078149.0680213.365064.2970545564.29705455600613.SH神奇制藥25.123138.891058.814219.9231461319.92314613603998.SH方盛制藥68.2649135.6396227.396791.7571028991.75710289600538.SH國發(fā)股份-11.6747-14.8504-19.3226-4.47221322-4.47221322603963.SH*ST大藥-5.3750-12.1544-19.7351-7.58070204-7.58070204603139.SH康惠制藥-2.4830-17.1084-47.7822-30.67381963-30.67381963600671.SHST目藥-10.0985-18.8866-3.761115.1255139715.12551397600518.SH康美藥業(yè)8.612818.12028.1109-10.00931719-10.00931719600222.SH太龍藥業(yè)20.521426.029629.94753.917881653.91788165300158.SZ振東制藥22.347128.101736.56508.463300328.46330032300026.SZ紅日藥業(yè)54.3981152.6136192.397939.7843176239.78431762300039.SZ上海凱寶88.2991141.9033216.637874.7344684574.73446845中國銀河證券博士后科研工作站研究報(bào)告/yhwz/postdoc/index.sh300147.SZ香雪制藥-28.6298-120.8792-196.8896-76.01039331-76.01039331300108.SZ*ST吉藥-60.5027-181.1139-293.9597-112.84576750-112.84576750300049.SZ福瑞股份65.3973111.7485159.152647.4041707847.40417078300519.SZ新光藥業(yè)22.830325.507737.782412.2746904612.27469046300181.SZ佐力藥業(yè)144.1065299.8484427.3823127.53393244127.53393244300534.SZ隴神戎發(fā)30.802636.811147.546810.7356737410.73567374002424.SZST百靈51.074884.193787.10432.910581062.91058106002644.SZ佛慈制藥18.641637.063940.44873.384826853.38482685002107.SZ沃華醫(yī)藥8.76349.618820.139210.5204333810.52043338002873.SZ新天藥業(yè)15.572030.339560.999830.6603107430.66031074002198.SZ嘉應(yīng)制藥5.18225.66772.8733-2.79439397-2.79439397002864.SZ盤龍藥業(yè)31.057959.435489.282629.8472011829.84720118002349.SZ精華制藥81.9830154.9062190.509035.6028784635.60287846002