中商官网
研究报告
南华集团控股（HK0413）
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 （%) |
| 202312 | 2887385000.0000 | -24.29 | 479357000.0000 | -16.09 | -35189000.0000 | -140.48 | -31846000.0000 | -142.61 |
| 202306 | 1137892000.0000 | -48.27 | 124861000.0000 | -58.88 | -83702000.0000 | -327.77 | -79281000.0000 | -269.79 |
| 202212 | 3813722000.0000 | -19.28 | 571265000.0000 | 6.70 | 86936000.0000 | 0.75 | 74734000.0000 | 142.23 |
| 202206 | 2199680000.0000 | 26.56 | 303644000.0000 | 60.26 | 36749000.0000 | -134.52 | 46693000.0000 | -143.12 |
| 202112 | 4724909000.0000 | 15.63 | 535415000.0000 | 0.85 | 86293000.0000 | -24.96 | 30852000.0000 | -55.78 |
| 202106 | 1738006000.0000 | 11.69 | 189475000.0000 | 16.81 | -106465000.0000 | -24.84 | -108279000.0000 | -25.41 |
| 202012 | 4086245000.0000 | -7.35 | 530913000.0000 | -24.96 | 114991000.0000 | -86.29 | 69775000.0000 | -88.25 |
| 202006 | 1556119000.0000 | -6.78 | 162214000.0000 | -34.05 | -141659000.0000 | -478.11 | -145156000.0000 | -495.95 |
| 201912 | 4410438000.0000 | 4.31 | 707537000.0000 | 22.64 | 838793000.0000 | 332.43 | 594040000.0000 | 324.31 |
| 201906 | 1669274000.0000 | 13.48 | 245963000.0000 | 68.12 | 37465000.0000 | 61.86 | 36660000.0000 | 257.80 |
| 201812 | 4228197000.0000 | 8.37 | 576912000.0000 | 0.64 | 193974000.0000 | -36.14 | 140003000.0000 | -39.10 |
| 201806 | 1470947000.0000 | 8.47 | 146303000.0000 | -29.78 | 23147000.0000 | -53.25 | 10246000.0000 | -75.95 |
| 201712 | 3901796000.0000 | 4.57 | 573248000.0000 | -19.27 | 303749000.0000 | 50.91 | 229872000.0000 | 51.09 |
| 201706 | 1356070000.0000 | 11.83 | 208339000.0000 | -12.93 | 49515000.0000 | 13.67 | 42605000.0000 | 67.42 |
| 201612 | 3731153000.0000 | 9.53 | 710109000.0000 | 40.88 | 201281000.0000 | -15.32 | 152142000.0000 | -2.94 |
| 201606 | 1212588000.0000 | -2.51 | 239271000.0000 | 16.63 | 43560000.0000 | -76.51 | 25448000.0000 | -83.34 |
| 201512 | 3406501000.0000 | 7.81 | 504057000.0000 | 31.31 | 237695000.0000 | 11.50 | 156749000.0000 | -17.40 |
| 201506 | 1243852000.0000 | 8.26 | 205159000.0000 | 89.77 | 185440000.0000 | 2.10 | 152741000.0000 | -5.98 |
| 201412 | 3159789000.0000 | 4.85 | 383875000.0000 | 0.10 | 213178000.0000 | -32.77 | 189780000.0000 | -33.55 |
| 201406 | 1148920000.0000 | 17.80 | 108108000.0000 | 18.74 | 181617000.0000 | -31.24 | 162462000.0000 | -34.04 |
| 201312 | 3013518000.0000 | 28.01 | 383480000.0000 | 25.64 | 317099000.0000 | -16.75 | 285604000.0000 | -13.21 |
| 201306 | 975355000.0000 | 12.02 | 91047000.0000 | -12.56 | 264137000.0000 | 100.10 | 246313000.0000 | 111.89 |
| 201212 | 2354199000.0000 | -24.01 | 305221000.0000 | -28.80 | 380879000.0000 | 10.01 | 329070000.0000 | 9.42 |
| 201206 | 870706000.0000 | -22.39 | 104128000.0000 | -38.55 | 132000000.0000 | -51.51 | 116245000.0000 | -55.02 |
| 201112 | 3097990000.0000 | 16.96 | 428656000.0000 | 1.85 | 346227000.0000 | -21.48 | 300740000.0000 | -26.05 |
| 201106 | 1121918000.0000 | 5.54 | 169458000.0000 | 4.33 | 272240000.0000 | 140.61 | 258433000.0000 | 148.28 |
| 201012 | 2648673000.0000 | 39.91 | 420884000.0000 | 19.67 | 440925000.0000 | 12.93 | 406654000.0000 | 6.10 |
| 201006 | 1063061000.0000 | 67.41 | 162426000.0000 | 68.35 | 113145000.0000 | 600.07 | 104091000.0000 | 329.58 |
| 200912 | 1893080000.0000 | -2.12 | 351700000.0000 | 31.98 | 390458000.0000 | 363.57 | 383277000.0000 | 391.36 |
| 200906 | 635014000.0000 | -10.13 | 96481000.0000 | 18.32 | 16162000.0000 | -93.23 | 24231000.0000 | -89.48 |
| 200812 | 1934033000.0000 | -8.49 | 266481000.0000 | -11.63 | 84228000.0000 | -79.11 | 78004000.0000 | -81.15 |
| 200806 | 706617000.0000 | -17.45 | 81541000.0000 | -26.85 | 238666000.0000 | 12.91 | 230239000.0000 | 2.93 |
| 200712 | 2113362000.0000 | 2.05 | 301564000.0000 | 21.75 | 403284000.0000 | 25.49 | 413820000.0000 | 24.05 |
| 200706 | 855936000.0000 | -45.92 | 111466000.0000 | 58.35 | 211368000.0000 | 26.63 | 223680000.0000 | 23.24 |
| 200612 | 2070954000.0000 | -47.86 | 247693000.0000 | -31.49 | 321369000.0000 | 22.74 | 333587000.0000 | 66.15 |
| 200606 | 1582582000.0000 | 6.58 | 70390000.0000 | -17.92 | 166917000.0000 | 353.49 | 181502000.0000 | 308.88 |
| 200512 | 3971834000.0000 | 14.46 | 361517000.0000 | 22.98 | 261831000.0000 | 111.53 | 200772000.0000 | 98.99 |
| 200506 | 1484864000.0000 | 5.44 | 85761000.0000 | -15.38 | 36807000.0000 | 64.68 | 44390000.0000 | 108.24 |
| 200412 | 3470171000.0000 | 11.25 | 293976000.0000 | -4.34 | 123778000.0000 | 22.85 | 100896000.0000 | 51.69 |
| 200406 | 1408236000.0000 | 17.54 | 101353000.0000 | -13.72 | 22350000.0000 | -556.96 | 21317000.0000 | 338.35 |
| 200312 | 3119145000.0000 | 82.63 | 307321000.0000 | 21.04 | 100754000.0000 | 453.72 | 66514000.0000 | 337.10 |
| 200306 | 1198111000.0000 | 105.27 | 117467000.0000 | 46.49 | -4891000.0000 | -83.24 | 4863000.0000 | -132.91 |
| 200212 | 1707906000.0000 | -0.71 | 253908000.0000 | 6.40 | 18196000.0000 | -109.42 | 15217000.0000 | -111.11 |
| 200206 | 583667000.0000 | 5.19 | 80187000.0000 | 53.26 | -29184000.0000 | -62.68 | -14776000.0000 | -74.16 |
| 200112 | 1720146000.0000 | -11.55 | 238640000.0000 | -11.59 | -193129000.0000 | 331.15 | -136962000.0000 | 467.91 |
| 200106 | 554863000.0000 | -25.86 | 52320000.0000 | -46.33 | -78190000.0000 | -643.82 | -57173000.0000 | -458.02 |
| 200012 | 1944822000.0000 | -1.35 | 269925000.0000 | -35.96 | -44794000.0000 | -151.76 | -24117000.0000 | -144.84 |
| 200006 | 748421000.0000 | -- | 97481000.0000 | -- | 14378000.0000 | -- | 15969000.0000 | -- |
| 199912 | 1971426000.0000 | -- | 421523000.0000 | -- | 86536000.0000 | -- | 53783000.0000 | -- |
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) |
| 202312 | 16.60 | -- | -0.27 | -0.53 | 2.34 | -- | 0.22 |
| 202306 | 10.97 | -- | -0.62 | -1.35 | 0.85 | -- | 0.08 |
| 202212 | 14.98 | -- | 0.64 | 1.21 | 2.67 | -- | 0.28 |
| 202206 | 13.80 | -- | 0.24 | 0.74 | 1.22 | -- | 0.14 |
| 202112 | 11.33 | -- | 0.55 | 0.47 | 2.64 | -- | 0.30 |
| 202106 | 10.90 | -- | -0.70 | -1.72 | 0.78 | -- | 0.11 |
| 202012 | 12.99 | -- | 0.77 | 1.1 | 2.26 | -- | 0.27 |
| 202006 | 10.42 | -- | -1.03 | -2.48 | 0.90 | -- | 0.11 |
| 201912 | 16.04 | -- | 5.73 | 9.75 | 1.85 | -- | 0.30 |
| 201906 | 14.73 | -- | 0.26 | 0.65 | 0.52 | -- | 0.12 |
| 201812 | 13.64 | -- | 1.43 | 2.49 | 1.45 | -- | 0.31 |
| 201806 | 9.95 | -- | 0.17 | 0.18 | 0.52 | -- | 0.11 |
| 201712 | 14.69 | -- | 2.34 | 3.99 | 1.53 | -- | 0.30 |
| 201706 | 15.36 | -- | 0.40 | 0.79 | 0.57 | -- | 0.11 |
| 201612 | 19.03 | -- | 1.71 | 2.93 | 1.88 | -- | 0.32 |
| 201606 | 19.73 | -- | 0.38 | 0.48 | 0.61 | -- | 0.11 |
| 201512 | 14.80 | -- | 2.08 | 2.89 | 2.09 | -- | 0.30 |
| 201506 | 16.49 | -- | 1.70 | 3.22 | 1.62 | -- | 0.11 |
| 201412 | 12.15 | -- | 2.10 | 4.09 | 7.63 | -- | 0.31 |
| 201406 | 9.41 | -- | 1.81 | 3.56 | 1.87 | -- | 0.11 |
| 201312 | 12.73 | -- | 3.59 | 6.83 | 6.48 | -- | 0.34 |
| 201306 | 9.33 | -- | 2.89 | 5.87 | 1.56 | -- | 0.11 |
| 201212 | 12.96 | -- | 4.59 | 8.28 | 6.00 | -- | 0.28 |
| 201206 | 11.96 | -- | 2.46 | 4.22 | 1.52 | -- | 0.16 |
| 201112 | 13.84 | -- | 7.11 | 11.21 | 7.70 | -- | 0.64 |
| 201106 | 15.10 | -- | 5.75 | 10.57 | 1.46 | -- | 0.24 |
| 201012 | 15.89 | -- | 11.16 | 18.44 | 5.83 | -- | 0.67 |
| 201006 | 15.28 | -- | 2.98 | 5.54 | 1.80 | -- | 0.28 |
| 200912 | 18.58 | -- | 11.53 | 21.39 | 5.03 | -- | 0.56 |
| 200906 | 15.19 | -- | 0.42 | 1.35 | 0.56 | -- | 0.16 |
| 200812 | 13.78 | -- | 2.34 | 4.4 | 2.24 | -- | 0.54 |
| 200806 | 11.54 | -- | 6.28 | 12.09 | 0.83 | -- | 0.19 |
| 200712 | 14.27 | -- | 13.06 | 25.21 | 6.89 | -- | 0.68 |
| 200706 | 13.02 | -- | 6.10 | 12.3 | 1.97 | -- | 0.25 |
| 200612 | 11.96 | -- | 10.77 | 25.59 | 5.16 | -- | 0.69 |
| 200606 | 4.45 | -- | 6.47 | 15.47 | 3.45 | -- | 0.61 |
| 200512 | 9.10 | -- | 12.67 | 20.32 | 10.47 | -- | 1.92 |
| 200506 | 5.78 | -- | 1.70 | 5.33 | 3.02 | -- | 0.68 |
| 200412 | 8.47 | -- | 6.89 | 12.4 | 9.31 | -- | 1.93 |
| 200406 | 7.20 | -- | 1.21 | 2.95 | 3.39 | -- | 0.76 |
| 200312 | 9.85 | -- | 5.93 | 9.18 | 9.92 | -- | 1.84 |
| 200306 | 9.80 | -- | -0.30 | 0.75 | 2.97 | -- | 0.73 |
| 200212 | 14.87 | -- | 1.12 | 2.29 | 6.29 | -- | 1.06 |
| 200206 | 13.74 | -- | -1.77 | -2.28 | 1.75 | -- | 0.35 |
| 200112 | 13.87 | -- | -11.97 | -20.78 | 5.87 | -- | 1.07 |
| 200106 | 9.43 | -- | -4.42 | -7.74 | 1.65 | -- | 0.31 |
| 200012 | 13.88 | -- | -2.52 | -3.03 | 5.87 | -- | 1.09 |
| 200006 | 13.02 | -- | -- | -- | -- | -- | -- |
| 199912 | 21.38 | -- | 4.89 | 6.51 | 5.16 | -- | 1.11 |
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 |
| 202312 | 52.55 | 47.45 | -- | -- |
| 202306 | 54.32 | 45.68 | -- | -- |
| 202212 | 52.06 | 47.94 | -- | -- |
| 202206 | 56.82 | 43.18 | -- | -- |
| 202112 | 55.83 | 44.17 | -- | -- |
| 202106 | 56.64 | 43.36 | -- | -- |
| 202012 | 55.03 | 44.97 | -- | -- |
| 202006 | 55.32 | 44.68 | -- | -- |
| 201912 | 56.34 | 43.66 | -- | -- |
| 201906 | 58.04 | 41.96 | -- | -- |
| 201812 | 55.94 | 44.06 | -- | -- |
| 201806 | 54.45 | 45.55 | -- | -- |
| 201712 | 52.65 | 47.35 | -- | -- |
| 201706 | 54.49 | 45.51 | -- | -- |
| 201612 | 52.96 | 47.04 | -- | -- |
| 201606 | 50.90 | 49.10 | -- | -- |
| 201512 | 49.51 | 50.49 | -- | -- |
| 201506 | 53.17 | 46.83 | -- | -- |
| 201412 | 50.53 | 49.47 | -- | -- |
| 201406 | 49.79 | 50.21 | -- | -- |
| 201312 | 47.26 | 52.74 | -- | -- |
| 201306 | 48.81 | 51.19 | -- | -- |
| 201212 | 42.07 | 57.93 | -- | -- |
| 201206 | 46.64 | 53.36 | -- | -- |
| 201112 | 42.49 | 57.51 | -- | -- |
| 201106 | 46.26 | 53.74 | -- | -- |
| 201012 | 41.68 | 58.32 | -- | -- |
| 201006 | 48.23 | 51.77 | -- | -- |
| 200912 | 44.53 | 55.47 | -- | -- |
| 200906 | 50.42 | 49.58 | -- | -- |
| 200812 | 46.95 | 53.05 | -- | -- |
| 200806 | 47.10 | 52.90 | -- | -- |
| 200712 | 43.80 | 56.20 | -- | -- |
| 200706 | 45.41 | 54.59 | -- | -- |
| 200612 | 53.16 | 46.84 | -- | -- |
| 200606 | 51.04 | 48.96 | -- | -- |
| 200512 | 40.17 | 59.83 | -- | -- |
| 200506 | 51.62 | 48.38 | -- | -- |
| 200412 | 42.21 | 57.79 | -- | -- |
| 200406 | 49.58 | 50.42 | -- | -- |
| 200312 | 43.05 | 56.95 | -- | -- |
| 200306 | 48.24 | 51.76 | -- | -- |
| 200212 | 44.74 | 55.26 | -- | -- |
| 200206 | 43.23 | 56.77 | -- | -- |
| 200112 | 44.42 | 55.58 | -- | -- |
| 200106 | 41.25 | 58.75 | -- | -- |
| 200012 | 38.66 | 61.34 | -- | -- |
| 200006 | -- | -- | -- | -- |
| 199912 | 35.60 | 64.40 | -- | -- |
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) |
| 202312 | 2408028000.0000 | -- | 334733000.0000 | 266745000.0000 |
| 202306 | 1013031000.0000 | -- | 153008000.0000 | 138269000.0000 |
| 202212 | 3242457000.0000 | -- | 310370000.0000 | 205252000.0000 |
| 202206 | 1896036000.0000 | -- | 189785000.0000 | 88644000.0000 |
| 202112 | 4189494000.0000 | -- | 445268000.0000 | 169628000.0000 |
| 202106 | 1548531000.0000 | -- | 222181000.0000 | 82678000.0000 |
| 202012 | 3555332000.0000 | -- | 368126000.0000 | 192949000.0000 |
| 202006 | 1393905000.0000 | -- | 182871000.0000 | 102350000.0000 |
| 201912 | 3702901000.0000 | -- | 539989000.0000 | 204067000.0000 |
| 201906 | 1423311000.0000 | -- | 252809000.0000 | 97036000.0000 |
| 201812 | 3651285000.0000 | -- | 542465000.0000 | 151278000.0000 |
| 201806 | 1324644000.0000 | -- | 257638000.0000 | 66299000.0000 |
| 201712 | 3328548000.0000 | -- | 518370000.0000 | 127048000.0000 |
| 201706 | 1147731000.0000 | -- | 250104000.0000 | 61512000.0000 |
| 201612 | 3021044000.0000 | -- | 543836000.0000 | 120622000.0000 |
| 201606 | 973317000.0000 | -- | 244748000.0000 | 58992000.0000 |
| 201512 | 2902444000.0000 | -- | 513415000.0000 | 117163000.0000 |
| 201506 | 1038693000.0000 | -- | 231198000.0000 | 62272000.0000 |
| 201412 | 2775914000.0000 | -- | 440989000.0000 | 94298000.0000 |
| 201406 | 1040812000.0000 | -- | 184540000.0000 | 27961000.0000 |
| 201312 | 2630038000.0000 | -- | 381792000.0000 | 51336000.0000 |
| 201306 | 884308000.0000 | -- | 1513000.0000 | 25903000.0000 |
| 201212 | 2048978000.0000 | -- | 354311000.0000 | 84821000.0000 |
| 201206 | 766578000.0000 | -- | 1278000.0000 | 40904000.0000 |
| 201112 | 2669334000.0000 | -- | 317607000.0000 | 20505000.0000 |
| 201106 | 952460000.0000 | -- | 192000.0000 | 8940000.0000 |
| 201012 | 2227789000.0000 | -- | 309110000.0000 | 28837000.0000 |
| 201006 | 900635000.0000 | -- | 8774000.0000 | 7876000.0000 |
| 200912 | 1541380000.0000 | -- | 274211000.0000 | 16337000.0000 |
| 200906 | 538533000.0000 | -- | 4491000.0000 | 7908000.0000 |
| 200812 | 1667552000.0000 | -- | 294461000.0000 | 21015000.0000 |
| 200806 | 625076000.0000 | -- | 3158000.0000 | 9189000.0000 |
| 200712 | 1811798000.0000 | -- | 282254000.0000 | 24560000.0000 |
| 200706 | 744470000.0000 | -- | 126527000.0000 | 15520000.0000 |
| 200612 | 1823261000.0000 | -- | 239315000.0000 | 27261000.0000 |
| 200606 | 1512192000.0000 | -- | 119636000.0000 | 9910000.0000 |
| 200512 | 3610317000.0000 | -- | 264787000.0000 | 18108000.0000 |
| 200506 | 1399103000.0000 | -- | 115287000.0000 | 5928000.0000 |
| 200412 | 3176195000.0000 | -- | 219023000.0000 | 9675000.0000 |
| 200406 | 1306883000.0000 | -- | 97821000.0000 | 3670000.0000 |
| 200312 | 2811824000.0000 | -- | 217403000.0000 | 4244000.0000 |
| 200306 | 1080644000.0000 | -- | -- | 4118000.0000 |
| 200212 | 1453998000.0000 | -- | 177213000.0000 | 4863000.0000 |
| 200206 | 503480000.0000 | -- | -- | 5722000.0000 |
| 200112 | 1481506000.0000 | -- | 17730000.0000 | 10776000.0000 |
| 200106 | 502543000.0000 | -- | -- | 9158000.0000 |
| 200012 | 1674897000.0000 | -- | 229039000.0000 | 21983000.0000 |
| 200006 | 650940000.0000 | -- | 103850000.0000 | 8010000.0000 |
| 199912 | 1549903000.0000 | -- | 249051000.0000 | 20152000.0000 |