中商官网
研究报告
恒基地产（HK0012）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业利润 （港元) |
利润总额 （港元) |
净利润 （港元) |
资产合计 （港元) |
负债合计 （港元) |
权益合计 （港元) |
| 1999 | 12170828000.0000 | 6480574000.0000 | 6201896000.0000 | 4476227000.0000 | -- | -- | -- |
| 2000 | 4943870000.0000 | 2409762000.0000 | 2893227000.0000 | 2096167000.0000 | 95489528000.0000 | 22115017000.0000 | 73374511000.0000 |
| 2001 | 2982655000.0000 | 1315126000.0000 | 1534601000.0000 | 1100908000.0000 | 91527587000.0000 | 20748055000.0000 | 70779532000.0000 |
| 2002 | 4706521000.0000 | 1407153000.0000 | 1371374000.0000 | 935551000.0000 | 87358399000.0000 | 19326615000.0000 | 68031784000.0000 |
| 2003 | 3499562000.0000 | 1147828000.0000 | 1577536000.0000 | 1058068000.0000 | 84435986000.0000 | 15167178000.0000 | 69268808000.0000 |
| 2004 | 2561816000.0000 | 1373023000.0000 | 2359190000.0000 | 1788644000.0000 | 95552845000.0000 | 19679955000.0000 | 75872890000.0000 |
| 2005 | 2732700000.0000 | 1186900000.0000 | 9516100000.0000 | 7649500000.0000 | 116573804000.0000 | 31248194000.0000 | 85325610000.0000 |
| 2006 | 4525000000.0000 | 2678000000.0000 | 5184000000.0000 | 3793000000.0000 | 135091600000.0000 | 31154500000.0000 | 103937100000.0000 |
| 2007 | 8409000000.0000 | 3892000000.0000 | 11070000000.0000 | 9189000000.0000 | 164661000000.0000 | 45791000000.0000 | 118870000000.0000 |
| 2008 | 4819000000.0000 | 2480000000.0000 | 1057000000.0000 | 1171000000.0000 | 179069000000.0000 | 55923000000.0000 | 123146000000.0000 |
| 2009 | 14695000000.0000 | 7861000000.0000 | 19116000000.0000 | 15465000000.0000 | 194416000000.0000 | 47512000000.0000 | 146904000000.0000 |
| 2010 | 7092000000.0000 | 3249000000.0000 | 17239000000.0000 | 15820000000.0000 | 230312000000.0000 | 65889000000.0000 | 164423000000.0000 |
| 2011 | 15188000000.0000 | 6770000000.0000 | 18981000000.0000 | 17184000000.0000 | 262470000000.0000 | 72545000000.0000 | 189925000000.0000 |
| 2012 | 15592000000.0000 | 7425000000.0000 | 21330000000.0000 | 20201000000.0000 | 281508000000.0000 | 71656000000.0000 | 209852000000.0000 |
| 2013 | 23289000000.0000 | 8781000000.0000 | 17795000000.0000 | 15948000000.0000 | 304114000000.0000 | 76114000000.0000 | 228000000000.0000 |
| 2014 | 23371000000.0000 | 9203000000.0000 | 18473000000.0000 | 16752000000.0000 | 316980000000.0000 | 73763000000.0000 | 243217000000.0000 |
| 2015 | 23641000000.0000 | 10972000000.0000 | 23338000000.0000 | 21326000000.0000 | 336269000000.0000 | 80000000000.0000 | 256269000000.0000 |
| 2016 | 25568000000.0000 | 10866000000.0000 | 24441000000.0000 | 21916000000.0000 | 355498000000.0000 | 86197000000.0000 | 269301000000.0000 |
| 2017 | 27960000000.0000 | 12616000000.0000 | 33382000000.0000 | 30809000000.0000 | 410998000000.0000 | 113055000000.0000 | 297943000000.0000 |
| 2018 | 21982000000.0000 | 11995000000.0000 | 33495000000.0000 | 31157000000.0000 | 441106000000.0000 | 123114000000.0000 | 317992000000.0000 |
| 2019 | 24184000000.0000 | 12806000000.0000 | 19086000000.0000 | 16994000000.0000 | 455245000000.0000 | 129852000000.0000 | 325393000000.0000 |
| 2020 | 25020000000.0000 | 15303000000.0000 | 12714000000.0000 | 10192000000.0000 | 461087000000.0000 | 128895000000.0000 | 332192000000.0000 |
| 2021 | 23527000000.0000 | 12082000000.0000 | 15378000000.0000 | 13195000000.0000 | 550304000000.0000 | 198125000000.0000 | 352179000000.0000 |
| 2022 | 25551000000.0000 | 10372000000.0000 | 10780000000.0000 | 9239000000.0000 | 529790000000.0000 | 184638000000.0000 | 345152000000.0000 |
| 2023 | 27570000000.0000 | 10030000000.0000 | 10444000000.0000 | 9261000000.0000 | 542550000000.0000 | 198450000000.0000 | 344100000000.0000 |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
主营利润率 （%) |
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) |
| 1999 | 53.25 | -- | -- | -- | -- | -- | -- |
| 2000 | 48.74 | -- | 3.03 | 3.52 | 0.12 | -- | 0.05 |
| 2001 | 44.09 | -- | 1.68 | 1.91 | 0.10 | -- | 0.03 |
| 2002 | 29.90 | -- | 1.57 | 1.7 | 0.23 | -- | 0.05 |
| 2003 | 32.80 | -- | 1.87 | 1.88 | 0.20 | -- | 0.04 |
| 2004 | 53.60 | -- | 2.47 | 2.88 | 0.10 | -- | 0.03 |
| 2005 | 43.43 | -- | 8.16 | 10.55 | 0.10 | -- | 0.02 |
| 2006 | 59.18 | -- | 3.84 | 4.39 | 0.07 | -- | 0.03 |
| 2007 | 46.28 | -- | 6.72 | 8 | 0.14 | -- | 0.05 |
| 2008 | 51.46 | -- | 0.59 | 0.97 | 0.06 | -- | 0.03 |
| 2009 | 53.49 | -- | 9.83 | 10.87 | 0.16 | -- | 0.08 |
| 2010 | 45.81 | -- | 7.49 | 9.95 | 0.06 | -- | 0.03 |
| 2011 | 44.57 | -- | 7.23 | 9.27 | 0.12 | -- | 0.06 |
| 2012 | 47.62 | -- | 7.58 | 9.85 | 0.11 | -- | 0.06 |
| 2013 | 37.70 | -- | 5.85 | 7.14 | 0.18 | -- | 0.08 |
| 2014 | 39.38 | -- | 5.83 | 7.03 | 0.18 | -- | 0.07 |
| 2015 | 46.41 | -- | 6.94 | 8.49 | 0.16 | -- | 0.07 |
| 2016 | 42.50 | -- | 6.88 | 8.32 | 0.20 | -- | 0.07 |
| 2017 | 45.12 | -- | 8.12 | 10.53 | 0.21 | -- | 0.07 |
| 2018 | 54.57 | -- | 7.59 | 9.95 | 0.10 | -- | 0.05 |
| 2019 | 52.95 | -- | 4.19 | 5.3 | 0.11 | -- | 0.05 |
| 2020 | 61.16 | -- | 2.76 | 3.11 | 0.10 | -- | 0.05 |
| 2021 | 51.35 | -- | 2.79 | 3.94 | 0.10 | -- | 0.04 |
| 2022 | 40.59 | -- | 2.03 | 2.82 | 0.16 | -- | 0.05 |
| 2023 | 36.38 | -- | 1.92 | 2.84 | 0.19 | -- | 0.05 |
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 |
| 1999 | -- | -- | -- | -- |
| 2000 | 23.16 | 76.84 | -- | -- |
| 2001 | 22.67 | 77.33 | -- | -- |
| 2002 | 22.12 | 77.88 | -- | -- |
| 2003 | 17.96 | 82.04 | -- | -- |
| 2004 | 20.60 | 79.40 | -- | -- |
| 2005 | 26.81 | 73.19 | -- | -- |
| 2006 | 23.06 | 76.94 | -- | -- |
| 2007 | 27.81 | 72.19 | -- | -- |
| 2008 | 31.23 | 68.77 | -- | -- |
| 2009 | 24.44 | 75.56 | -- | -- |
| 2010 | 28.61 | 71.39 | -- | -- |
| 2011 | 27.64 | 72.36 | -- | -- |
| 2012 | 25.45 | 74.55 | -- | -- |
| 2013 | 25.03 | 74.97 | -- | -- |
| 2014 | 23.27 | 76.73 | -- | -- |
| 2015 | 23.79 | 76.21 | -- | -- |
| 2016 | 24.25 | 75.75 | -- | -- |
| 2017 | 27.51 | 72.49 | -- | -- |
| 2018 | 27.91 | 72.09 | -- | -- |
| 2019 | 28.52 | 71.48 | -- | -- |
| 2020 | 27.95 | 72.05 | -- | -- |
| 2021 | 36.00 | 64.00 | -- | -- |
| 2022 | 34.85 | 65.15 | -- | -- |
| 2023 | 36.58 | 63.42 | -- | -- |
成本费用分析
| 类别\年份 | 销售成本 （港元) |
销售费用 （港元) |
管理费用 （港元) |
财务费用 （港元) |
| 1999 | 5690254000.0000 | -- | 214071000.0000 | 291831000.0000 |
| 2000 | 2534108000.0000 | -- | 242193000.0000 | 284827000.0000 |
| 2001 | 1667529000.0000 | -- | 320139000.0000 | 77166000.0000 |
| 2002 | 3299368000.0000 | -- | 331999000.0000 | 71969000.0000 |
| 2003 | 2351734000.0000 | -- | 295479000.0000 | 20042000.0000 |
| 2004 | 1188793000.0000 | -- | 300283000.0000 | 34167000.0000 |
| 2005 | 1545800000.0000 | -- | 357800000.0000 | 220000000.0000 |
| 2006 | 1847000000.0000 | -- | 470000000.0000 | 295000000.0000 |
| 2007 | 4517000000.0000 | -- | 616000000.0000 | 269000000.0000 |
| 2008 | 2339000000.0000 | -- | 612000000.0000 | 440000000.0000 |
| 2009 | 6834000000.0000 | -- | 2033000000.0000 | 1341000000.0000 |
| 2010 | 3843000000.0000 | -- | 1508000000.0000 | 970000000.0000 |
| 2011 | 8418000000.0000 | -- | 1687000000.0000 | 1169000000.0000 |
| 2012 | 8167000000.0000 | -- | 1851000000.0000 | 1239000000.0000 |
| 2013 | 14508000000.0000 | -- | 1931000000.0000 | 957000000.0000 |
| 2014 | 14168000000.0000 | -- | 2020000000.0000 | 859000000.0000 |
| 2015 | 12669000000.0000 | -- | 2078000000.0000 | 842000000.0000 |
| 2016 | 14702000000.0000 | -- | 1903000000.0000 | 555000000.0000 |
| 2017 | 15344000000.0000 | -- | 1969000000.0000 | 204000000.0000 |
| 2018 | 9987000000.0000 | -- | 1881000000.0000 | 150000000.0000 |
| 2019 | 11378000000.0000 | -- | 1946000000.0000 | -34000000.0000 |
| 2020 | 9717000000.0000 | -- | 1981000000.0000 | 204000000.0000 |
| 2021 | 11445000000.0000 | -- | 2181000000.0000 | 491000000.0000 |
| 2022 | 15179000000.0000 | -- | 2328000000.0000 | 1033000000.0000 |
| 2023 | 17540000000.0000 | -- | 2305000000.0000 | 1320000000.0000 |