中商官网
研究报告
爱高集团（HK0328）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业额同比 （%) |
营业利润 （港元) |
营业利润同比 （%) |
利润总额 （港元) |
利润总额同比 （%) |
净利润 （港元) |
净利润同比 （%) |
| 202309 | 85686000.0000 | 48.72 | 4526000.0000 | -239.95 | 572354000.0000 | -222.90 | 575354000.0000 | -223.55 |
| 202303 | 89321000.0000 | -84.89 | -282667000.0000 | -4.50 | -515614000.0000 | -13.28 | -510242000.0000 | -14.18 |
| 202209 | 57614000.0000 | -85.60 | -3234000.0000 | -40.76 | -465691000.0000 | 170.96 | -465691000.0000 | 170.97 |
| 202203 | 591292000.0000 | -53.76 | -295998000.0000 | 375.06 | -594594000.0000 | 64.87 | -594575000.0000 | 64.95 |
| 202109 | 400151000.0000 | -32.15 | -5459000.0000 | -83.75 | -171864000.0000 | 8.60 | -171858000.0000 | 8.75 |
| 202103 | 1278686000.0000 | 33.02 | -62308000.0000 | -2.83 | -360639000.0000 | -39.28 | -360463000.0000 | -39.86 |
| 202009 | 589759000.0000 | 27.62 | -33587000.0000 | -62.64 | -158254000.0000 | -26.68 | -158031000.0000 | -27.10 |
| 202003 | 961246000.0000 | -37.79 | -64123000.0000 | -69.13 | -593986000.0000 | 7.76 | -599374000.0000 | 6.44 |
| 201909 | 462113000.0000 | -44.73 | -89904000.0000 | 183.52 | -215831000.0000 | 17.41 | -216786000.0000 | 20.04 |
| 201903 | 1545212000.0000 | -25.74 | -207700000.0000 | -310.64 | -551215000.0000 | 673.10 | -563134000.0000 | 556.27 |
| 201809 | 836096000.0000 | -8.27 | -31710000.0000 | -171.26 | -183830000.0000 | 331.26 | -180598000.0000 | 393.69 |
| 201803 | 2080707000.0000 | -0.93 | 98603000.0000 | -58.55 | -71299000.0000 | -191.55 | -85808000.0000 | -216.12 |
| 201709 | 911435000.0000 | -2.14 | 44499000.0000 | -67.71 | -42626000.0000 | -182.70 | -36581000.0000 | -178.91 |
| 201703 | 2100142000.0000 | -27.06 | 237876000.0000 | -52.28 | 77879000.0000 | -85.18 | 73897000.0000 | -85.40 |
| 201609 | 931356000.0000 | -32.66 | 137793000.0000 | -13.75 | 51545000.0000 | -32.53 | 46355000.0000 | -35.01 |
| 201603 | 2879104000.0000 | 12.35 | 498470000.0000 | 73.57 | 525401000.0000 | 321.75 | 506028000.0000 | 342.91 |
| 201509 | 1383088000.0000 | 26.26 | 159752000.0000 | 147.17 | 76394000.0000 | -777.97 | 71329000.0000 | -876.92 |
| 201503 | 2562566000.0000 | 11.85 | 287182000.0000 | 120.79 | 124577000.0000 | 2080.21 | 114250000.0000 | -698.20 |
| 201409 | 1095396000.0000 | 3.89 | 64633000.0000 | 7.10 | -11268000.0000 | -30.16 | -9181000.0000 | -73.88 |
| 201403 | 2291141000.0000 | 22.80 | 130071000.0000 | -27.19 | 5714000.0000 | -88.68 | -19099000.0000 | -132.70 |
| 201309 | 1054413000.0000 | 8.21 | 60350000.0000 | -29.09 | -16133000.0000 | 0.30 | -35148000.0000 | 947.63 |
| 201303 | 1865778000.0000 | -32.62 | 178639000.0000 | -40.93 | 50486000.0000 | -41.05 | 58413000.0000 | -27.11 |
| 201209 | 974453000.0000 | -33.15 | 85103000.0000 | -54.98 | -16084000.0000 | -116.99 | -3355000.0000 | -103.85 |
| 201203 | 2768925000.0000 | -10.17 | 302441000.0000 | -21.28 | 85649000.0000 | -70.45 | 80136000.0000 | -70.47 |
| 201109 | 1457574000.0000 | -14.62 | 189038000.0000 | -8.20 | 94646000.0000 | -26.55 | 87083000.0000 | -26.66 |
| 201103 | 3082330000.0000 | -23.00 | 384183000.0000 | -30.85 | 289812000.0000 | 5.76 | 271411000.0000 | 9.31 |
| 201009 | 1707124000.0000 | -23.08 | 205933000.0000 | -13.80 | 128851000.0000 | 22.98 | 118735000.0000 | 27.29 |
| 201003 | 4003213000.0000 | -33.20 | 555541000.0000 | -17.33 | 274018000.0000 | 26.57 | 248293000.0000 | 30.55 |
| 200909 | 2219407000.0000 | -21.46 | 238908000.0000 | -20.05 | 104774000.0000 | 3.46 | 93282000.0000 | 3.43 |
| 200903 | 5993075000.0000 | 37.33 | 672005000.0000 | 46.66 | 216496000.0000 | -9.65 | 190185000.0000 | -10.86 |
| 200809 | 2825906000.0000 | 46.58 | 298831000.0000 | 47.22 | 101272000.0000 | -11.80 | 90190000.0000 | -11.83 |
| 200803 | 4363889000.0000 | -14.36 | 458195000.0000 | -16.36 | 239609000.0000 | -28.70 | 213352000.0000 | -30.23 |
| 200709 | 1927879000.0000 | -30.22 | 202984000.0000 | -24.56 | 114827000.0000 | -25.51 | 102290000.0000 | -25.25 |
| 200703 | 5095894000.0000 | 4.49 | 547796000.0000 | 5.95 | 336050000.0000 | 6.00 | 305784000.0000 | 7.87 |
| 200609 | 2762714000.0000 | -4.29 | 269071000.0000 | 8.62 | 154154000.0000 | 1.51 | 136836000.0000 | 0.76 |
| 200603 | 4876788000.0000 | -9.51 | 517050000.0000 | 10.48 | 317015000.0000 | 16.97 | 283475000.0000 | 18.25 |
| 200509 | 2886662000.0000 | 1.99 | 247719000.0000 | 9.19 | 151856000.0000 | 14.25 | 135801000.0000 | 21.48 |
| 200503 | 5389124000.0000 | 41.27 | 468023000.0000 | 41.04 | 271017000.0000 | 62.83 | 239716000.0000 | 60.49 |
| 200409 | 2830284000.0000 | 63.36 | 226864000.0000 | 42.11 | 132917000.0000 | 86.07 | 111789000.0000 | 81.96 |
| 200403 | 3814781000.0000 | -11.58 | 331846000.0000 | -9.80 | 166438000.0000 | 3.35 | 149365000.0000 | 8.76 |
| 200309 | 1732586000.0000 | -27.51 | 159639000.0000 | 2.39 | 71432000.0000 | 3.27 | 61437000.0000 | 23.36 |
| 200303 | 4314503000.0000 | 21.13 | 367919000.0000 | 29.91 | 161045000.0000 | 43.77 | 137329000.0000 | 38.87 |
| 200209 | 2390002000.0000 | 37.39 | 155916000.0000 | 24.61 | 69173000.0000 | 42.13 | 49803000.0000 | 18.42 |
| 200203 | 3562025000.0000 | -8.05 | 283202000.0000 | 0.97 | 112012000.0000 | 13.02 | 98893000.0000 | 18.60 |
| 200109 | 1739638000.0000 | -13.05 | 125125000.0000 | -12.07 | 48669000.0000 | -12.32 | 42056000.0000 | -8.68 |
| 200103 | 3873945000.0000 | 20.38 | 280495000.0000 | 15.71 | 99109000.0000 | 5.94 | 83387000.0000 | -5.25 |
| 200009 | 2000837000.0000 | -- | 142295000.0000 | -- | 55506000.0000 | -- | 46052000.0000 | -- |
| 200003 | 3218023000.0000 | -- | 242420000.0000 | -- | 93552000.0000 | -- | 88003000.0000 | -- |
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) |
| 202309 | 5.28 | -- | 213.06 | -423.29 | 2.54 | -- | 0.32 |
| 202303 | -316.46 | -- | -182.01 | 64.7 | 9.66 | -- | 0.32 |
| 202209 | -5.61 | -- | -154.66 | 63.05 | 0.68 | -- | 0.19 |
| 202203 | -50.06 | -- | -71.31 | 218.37 | 2.51 | -- | 0.71 |
| 202109 | -1.36 | -- | -13.27 | -110.94 | 0.67 | -- | 0.31 |
| 202103 | -4.87 | -- | -26.46 | -108.96 | 2.15 | -- | 0.94 |
| 202009 | -5.70 | -- | -9.81 | -29.93 | 0.84 | -- | 0.37 |
| 202003 | -6.67 | -- | -48.85 | -87.94 | 3.05 | -- | 0.79 |
| 201909 | -19.45 | -- | -10.65 | -19.68 | 0.85 | -- | 0.23 |
| 201903 | -13.44 | -- | -31.92 | -42.34 | 3.65 | -- | 0.89 |
| 201809 | -3.79 | -- | -7.07 | -11.38 | 1.10 | -- | 0.32 |
| 201803 | 4.74 | -- | -3.43 | -4.96 | 4.91 | -- | 1.00 |
| 201709 | 4.88 | -- | -1.60 | -2.04 | 1.19 | -- | 0.34 |
| 201703 | 11.33 | -- | 3.27 | 4 | 3.93 | -- | 0.88 |
| 201609 | 14.79 | -- | 1.75 | 2.5 | 1.10 | -- | 0.32 |
| 201603 | 17.31 | -- | 17.68 | 25.49 | 7.54 | -- | 0.97 |
| 201509 | 11.55 | -- | 2.11 | 3.68 | 1.09 | -- | 0.38 |
| 201503 | 11.21 | -- | 4.99 | 5.93 | 5.64 | -- | 1.03 |
| 201409 | 5.90 | -- | -0.34 | -0.5 | 1.02 | -- | 0.33 |
| 201403 | 5.68 | -- | 0.22 | -1.03 | 6.11 | -- | 0.89 |
| 201309 | 5.72 | -- | -0.56 | -1.89 | 1.33 | -- | 0.36 |
| 201303 | 9.57 | -- | 1.85 | 3.03 | 5.31 | -- | 0.68 |
| 201209 | 8.73 | -- | -0.57 | -0.18 | 1.88 | -- | 0.34 |
| 201203 | 10.92 | -- | 3.09 | 4.34 | 5.37 | -- | 1.00 |
| 201109 | 12.97 | -- | 3.32 | 4.61 | 2.29 | -- | 0.51 |
| 201103 | 12.46 | -- | 9.84 | 14.04 | 6.29 | -- | 1.05 |
| 201009 | 12.06 | -- | 4.64 | 6.59 | 3.65 | -- | 0.61 |
| 201003 | 13.88 | -- | 9.93 | 14.11 | 7.29 | -- | 1.45 |
| 200909 | 10.76 | -- | 3.71 | 5.71 | 3.22 | -- | 0.79 |
| 200903 | 11.21 | -- | 7.51 | 11.87 | 7.56 | -- | 2.08 |
| 200809 | 10.57 | -- | 2.71 | 5.77 | 1.41 | -- | 0.76 |
| 200803 | 10.50 | -- | 8.29 | 13.53 | 2.93 | -- | 1.51 |
| 200709 | 10.53 | -- | 4.59 | 6.72 | 2.01 | -- | 0.77 |
| 200703 | 10.75 | -- | 15.73 | 19.65 | 11.32 | -- | 2.39 |
| 200609 | 9.74 | -- | 4.68 | 9.52 | 2.12 | -- | 0.84 |
| 200603 | 10.60 | -- | 12.24 | 19.88 | 7.05 | -- | 1.88 |
| 200509 | 8.58 | -- | 5.18 | 10.18 | 4.97 | -- | 0.99 |
| 200503 | 8.68 | -- | 12.26 | 18.66 | 8.95 | -- | 2.44 |
| 200409 | 8.02 | -- | 4.25 | 9.52 | 2.28 | -- | 0.91 |
| 200403 | 8.70 | -- | 8.25 | 13.56 | 5.84 | -- | 1.89 |
| 200309 | 9.21 | -- | 3.10 | 5.99 | 2.26 | -- | 0.75 |
| 200303 | 8.53 | -- | 10.25 | 13.62 | 9.35 | -- | 2.75 |
| 200209 | 6.52 | -- | 2.62 | 5.23 | 2.24 | -- | 0.90 |
| 200203 | 7.95 | -- | 6.28 | 10.8 | 6.42 | -- | 2.00 |
| 200109 | 7.19 | -- | 2.49 | 4.85 | 2.15 | -- | 0.89 |
| 200103 | 7.24 | -- | 6.16 | 9.92 | 6.01 | -- | 2.41 |
| 200009 | 7.11 | -- | -- | -- | -- | -- | -- |
| 200003 | 7.53 | -- | 6.11 | 11.63 | 4.98 | -- | 2.10 |
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 |
| 202309 | 153.96 | -53.96 | -- | -- |
| 202303 | 380.52 | -280.52 | -- | -- |
| 202209 | 345.51 | -245.51 | -- | -- |
| 202203 | 132.73 | -32.73 | -- | -- |
| 202109 | 88.09 | 11.91 | -- | -- |
| 202103 | 75.78 | 24.22 | -- | -- |
| 202009 | 67.34 | 32.66 | -- | -- |
| 202003 | 44.00 | 56.00 | -- | -- |
| 201909 | 45.70 | 54.30 | -- | -- |
| 201903 | 23.01 | 76.99 | -- | -- |
| 201809 | 39.04 | 60.96 | -- | -- |
| 201803 | 16.92 | 83.08 | -- | -- |
| 201709 | 32.90 | 67.10 | -- | -- |
| 201703 | 22.36 | 77.64 | -- | -- |
| 201609 | 36.98 | 63.02 | -- | -- |
| 201603 | 33.20 | 66.80 | -- | -- |
| 201509 | 46.43 | 53.57 | -- | -- |
| 201503 | 22.86 | 77.14 | -- | -- |
| 201409 | 44.66 | 55.34 | -- | -- |
| 201403 | 27.55 | 72.45 | -- | -- |
| 201309 | 35.90 | 64.10 | -- | -- |
| 201303 | 29.54 | 70.46 | -- | -- |
| 201209 | 34.05 | 65.95 | -- | -- |
| 201203 | 33.48 | 66.52 | -- | -- |
| 201109 | 33.77 | 66.23 | -- | -- |
| 201103 | 34.33 | 65.67 | -- | -- |
| 201009 | 35.07 | 64.93 | -- | -- |
| 201003 | 36.22 | 63.78 | -- | -- |
| 200909 | 42.15 | 57.85 | -- | -- |
| 200903 | 44.45 | 55.55 | -- | -- |
| 200809 | 58.22 | 41.78 | -- | -- |
| 200803 | 45.45 | 54.55 | -- | -- |
| 200709 | 39.17 | 60.83 | -- | -- |
| 200703 | 27.18 | 72.82 | -- | -- |
| 200609 | 56.34 | 43.66 | -- | -- |
| 200603 | 44.96 | 55.04 | -- | -- |
| 200509 | 54.47 | 45.53 | -- | -- |
| 200503 | 41.87 | 58.13 | -- | -- |
| 200409 | 61.79 | 38.21 | -- | -- |
| 200403 | 44.48 | 55.52 | -- | -- |
| 200309 | 54.66 | 45.34 | -- | -- |
| 200303 | 34.62 | 65.38 | -- | -- |
| 200209 | 63.27 | 36.73 | -- | -- |
| 200203 | 47.82 | 52.18 | -- | -- |
| 200109 | 54.86 | 45.14 | -- | -- |
| 200103 | 46.35 | 53.65 | -- | -- |
| 200009 | -- | -- | -- | -- |
| 200003 | 49.50 | 50.50 | -- | -- |
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) |
| 202309 | 81160000.0000 | -- | 37444000.0000 | 47000.0000 |
| 202303 | 371988000.0000 | -- | 264869000.0000 | 23349000.0000 |
| 202209 | 60848000.0000 | -- | 111532000.0000 | 4776000.0000 |
| 202203 | 887290000.0000 | -- | 178398000.0000 | 22548000.0000 |
| 202109 | 405610000.0000 | -- | 109699000.0000 | 7208000.0000 |
| 202103 | 1340994000.0000 | -- | 193307000.0000 | 8721000.0000 |
| 202009 | 623346000.0000 | -- | 86151000.0000 | 5356000.0000 |
| 202003 | 1025369000.0000 | -- | 230762000.0000 | 25060000.0000 |
| 201909 | 552017000.0000 | -- | 59797000.0000 | 7325000.0000 |
| 201903 | 1752912000.0000 | -- | 140070000.0000 | 11298000.0000 |
| 201809 | 867806000.0000 | -- | 65199000.0000 | 2143000.0000 |
| 201803 | 1982104000.0000 | -- | 96978000.0000 | 1208000.0000 |
| 201709 | 866936000.0000 | -- | 50698000.0000 | -2301000.0000 |
| 201703 | 1862266000.0000 | -- | 96192000.0000 | 393000.0000 |
| 201609 | 793563000.0000 | -- | 45908000.0000 | -1703000.0000 |
| 201603 | 2380634000.0000 | -- | 87424000.0000 | -4581000.0000 |
| 201509 | 1223336000.0000 | -- | 37858000.0000 | -6953000.0000 |
| 201503 | 2275384000.0000 | -- | 69034000.0000 | -6862000.0000 |
| 201409 | 1030763000.0000 | -- | 31105000.0000 | -4389000.0000 |
| 201403 | 2161070000.0000 | -- | 70707000.0000 | -24120000.0000 |
| 201309 | 994063000.0000 | -- | 38836000.0000 | -12040000.0000 |
| 201303 | 1687139000.0000 | -- | 66608000.0000 | -15976000.0000 |
| 201209 | 889350000.0000 | -- | 34048000.0000 | -7977000.0000 |
| 201203 | 2466484000.0000 | -- | 92776000.0000 | -11517000.0000 |
| 201109 | 1268536000.0000 | -- | 41011000.0000 | -923000.0000 |
| 201103 | 2698147000.0000 | -- | 103856000.0000 | -10440000.0000 |
| 201009 | 1501191000.0000 | -- | 41926000.0000 | -2769000.0000 |
| 201003 | 3447672000.0000 | -- | 93428000.0000 | -19005000.0000 |
| 200909 | 1980499000.0000 | -- | 37784000.0000 | -13448000.0000 |
| 200903 | 5321070000.0000 | -- | 100132000.0000 | 41666000.0000 |
| 200809 | 2527075000.0000 | -- | 38650000.0000 | 27089000.0000 |
| 200803 | 3905694000.0000 | -- | 104554000.0000 | -15073000.0000 |
| 200709 | 1724895000.0000 | -- | 38117000.0000 | -12837000.0000 |
| 200703 | 4548098000.0000 | -- | 100061000.0000 | -13207000.0000 |
| 200609 | 2493643000.0000 | -- | 37268000.0000 | 10369000.0000 |
| 200603 | 4359738000.0000 | -- | 96296000.0000 | 21833000.0000 |
| 200509 | 2638943000.0000 | -- | 37036000.0000 | 10609000.0000 |
| 200503 | 4921101000.0000 | -- | 92381000.0000 | 8532000.0000 |
| 200409 | 2603420000.0000 | -- | 36760000.0000 | 3492000.0000 |
| 200403 | 3482935000.0000 | -- | 82707000.0000 | 7002000.0000 |
| 200309 | 1572947000.0000 | -- | 34964000.0000 | 4030000.0000 |
| 200303 | 3946584000.0000 | -- | 81147000.0000 | 11569000.0000 |
| 200209 | 2234086000.0000 | -- | 36153000.0000 | 6801000.0000 |
| 200203 | 3278823000.0000 | -- | 77542000.0000 | 19765000.0000 |
| 200109 | 1614513000.0000 | -- | 40948000.0000 | 11093000.0000 |
| 200103 | 3593450000.0000 | -- | 86636000.0000 | 34325000.0000 |
| 200009 | 1858542000.0000 | -- | 42425000.0000 | 15798000.0000 |
| 200003 | 2975603000.0000 | -- | 82569000.0000 | 20433000.0000 |