中商官网
研究报告
恒和集团（HK0513）
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 | 200183000.0000 | -25.82 | 49888000.0000 | -31.71 | -35503000.0000 | 364.70 | -31677000.0000 | 405.94 |
| 202306 | 455608000.0000 | -24.56 | 66253000.0000 | -54.34 | -102908000.0000 | -666.77 | -98286000.0000 | -909.47 |
| 202212 | 269864000.0000 | -19.59 | 73049000.0000 | -13.28 | -7640000.0000 | -144.91 | -6261000.0000 | -139.49 |
| 202206 | 603926000.0000 | 12.62 | 145113000.0000 | 24.89 | 18157000.0000 | -18.61 | 12142000.0000 | -38.94 |
| 202112 | 335607000.0000 | 16.03 | 84239000.0000 | 24.28 | 17011000.0000 | -11.70 | 15855000.0000 | -10.95 |
| 202106 | 536267000.0000 | 27.59 | 116189000.0000 | 26.25 | 22310000.0000 | -263.17 | 19885000.0000 | -229.62 |
| 202012 | 289241000.0000 | 1.06 | 67781000.0000 | -12.47 | 19265000.0000 | 225.81 | 17805000.0000 | 162.30 |
| 202006 | 420315000.0000 | -4.68 | 92031000.0000 | -15.60 | -13673000.0000 | -151.74 | -15341000.0000 | -135.12 |
| 201912 | 286211000.0000 | 16.94 | 77437000.0000 | 32.16 | 5913000.0000 | 140.56 | 6788000.0000 | 171.74 |
| 201906 | 440967000.0000 | 12.53 | 109045000.0000 | 40.42 | 26424000.0000 | -93.85 | 43679000.0000 | -87.69 |
| 201812 | 244755000.0000 | 19.09 | 58592000.0000 | 43.69 | 2458000.0000 | -96.58 | 2498000.0000 | -96.51 |
| 201806 | 391882000.0000 | -37.53 | 77655000.0000 | -30.36 | 429833000.0000 | 319.15 | 354759000.0000 | 260.87 |
| 201712 | 205527000.0000 | -49.98 | 40778000.0000 | -42.36 | 71768000.0000 | 495.93 | 71650000.0000 | 648.62 |
| 201706 | 627293000.0000 | 13.52 | 111517000.0000 | 28.19 | 102549000.0000 | -155.12 | 98306000.0000 | -155.96 |
| 201612 | 410850000.0000 | 33.28 | 70748000.0000 | 35.98 | 12043000.0000 | -169.53 | 9571000.0000 | -155.48 |
| 201606 | 552575000.0000 | -24.40 | 86994000.0000 | -17.40 | -186055000.0000 | -385.54 | -175666000.0000 | -224.08 |
| 201512 | 308268000.0000 | -24.41 | 52027000.0000 | -4.90 | -17321000.0000 | -105.00 | -17250000.0000 | -104.97 |
| 201506 | 730900000.0000 | -15.80 | 105318000.0000 | -7.83 | 65158000.0000 | 25.37 | 141571000.0000 | 179.90 |
| 201412 | 407842000.0000 | -8.46 | 54709000.0000 | -9.04 | 346565000.0000 | -14420.87 | 346836000.0000 | -8911.89 |
| 201406 | 868103000.0000 | -8.55 | 114266000.0000 | -5.03 | 51971000.0000 | -40.71 | 50580000.0000 | -41.08 |
| 201312 | 445537000.0000 | -11.95 | 60146000.0000 | -12.69 | -2420000.0000 | -132.19 | -3936000.0000 | -170.45 |
| 201306 | 949215000.0000 | -0.68 | 120320000.0000 | -10.60 | 87660000.0000 | -59.23 | 85847000.0000 | -60.05 |
| 201212 | 506025000.0000 | -3.77 | 68884000.0000 | -12.03 | 7519000.0000 | -96.92 | 5587000.0000 | -97.75 |
| 201206 | 955712000.0000 | -1.83 | 134592000.0000 | 7.78 | 215020000.0000 | 507.62 | 214894000.0000 | 542.38 |
| 201112 | 525850000.0000 | 1.76 | 78302000.0000 | 36.63 | 243821000.0000 | 1806.64 | 247779000.0000 | 2053.10 |
| 201106 | 973501000.0000 | -5.64 | 124879000.0000 | 23.94 | 35387000.0000 | 216.27 | 33453000.0000 | 595.20 |
| 201012 | 516752000.0000 | -6.78 | 57310000.0000 | -0.73 | 12788000.0000 | 31.39 | 11508000.0000 | 43.62 |
| 201006 | 1031708000.0000 | -13.27 | 100760000.0000 | -21.45 | 11189000.0000 | -84.27 | 4812000.0000 | -96.46 |
| 200912 | 554315000.0000 | -26.50 | 57731000.0000 | -26.87 | 9733000.0000 | -120.58 | 8013000.0000 | -119.89 |
| 200906 | 1189622000.0000 | -20.57 | 128279000.0000 | -20.03 | 71142000.0000 | -29.61 | 135939000.0000 | 62.85 |
| 200812 | 754208000.0000 | -4.63 | 78942000.0000 | -11.44 | -47288000.0000 | -309.50 | -40295000.0000 | -297.22 |
| 200806 | 1497682000.0000 | -8.24 | 160405000.0000 | 1.60 | 101073000.0000 | -61.09 | 83477000.0000 | -26.77 |
| 200712 | 790791000.0000 | -14.42 | 89136000.0000 | -3.66 | 22572000.0000 | -25.14 | 20432000.0000 | -15.03 |
| 200706 | 1632180000.0000 | -4.64 | 157877000.0000 | 2.43 | 259794000.0000 | 263.96 | 113986000.0000 | 125.55 |
| 200612 | 924001000.0000 | 10.82 | 92523000.0000 | 22.15 | 30154000.0000 | 43.47 | 24045000.0000 | 51.67 |
| 200606 | 1711670000.0000 | 37.69 | 154130000.0000 | 60.03 | 71379000.0000 | -32.75 | 50537000.0000 | 0.94 |
| 200512 | 833810000.0000 | 17.95 | 75746000.0000 | 23.44 | 21017000.0000 | -1.10 | 15854000.0000 | -7.17 |
| 200506 | 1243110000.0000 | -0.48 | 96311000.0000 | 2.44 | 106137000.0000 | 437.59 | 50067000.0000 | 229.30 |
| 200412 | 706926000.0000 | 6.88 | 61364000.0000 | 18.20 | 21250000.0000 | 29.53 | 17078000.0000 | 24.74 |
| 200406 | 1249087000.0000 | 2.46 | 94015000.0000 | 10.79 | 19743000.0000 | 27.60 | 15204000.0000 | 49.97 |
| 200312 | 661390000.0000 | -7.37 | 51914000.0000 | 9.42 | 16405000.0000 | -5.27 | 13691000.0000 | 3.58 |
| 200306 | 1219144000.0000 | 19.19 | 84861000.0000 | -16.01 | 15473000.0000 | 264.24 | 10138000.0000 | 164.35 |
| 200212 | 714021000.0000 | 42.43 | 47445000.0000 | 3.63 | 17318000.0000 | 32.24 | 13218000.0000 | 16.32 |
| 200206 | 1022896000.0000 | 6.57 | 101037000.0000 | -18.46 | 4248000.0000 | -82.72 | 3835000.0000 | -81.51 |
| 200112 | 501306000.0000 | 7.37 | 45784000.0000 | -18.45 | 13096000.0000 | -56.02 | 11363000.0000 | -57.39 |
| 200106 | 959819000.0000 | 13.49 | 123913000.0000 | -10.07 | 24577000.0000 | -46.29 | 20738000.0000 | -46.25 |
| 200012 | 466904000.0000 | 9.17 | 56141000.0000 | -4.08 | 29778000.0000 | -7.22 | 26669000.0000 | -5.99 |
| 200006 | 845711000.0000 | -- | 137783000.0000 | -- | 45755000.0000 | -- | 38585000.0000 | -- |
| 199912 | 427696000.0000 | -- | 58531000.0000 | -- | 32095000.0000 | -- | 28369000.0000 | -- |
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 | 24.92 | -- | -0.96 | -1.54 | 0.18 | -- | 0.05 |
| 202306 | 14.54 | -- | -2.76 | -4.73 | 0.46 | -- | 0.12 |
| 202212 | 27.07 | -- | -0.20 | -0.29 | 0.22 | -- | 0.07 |
| 202206 | 24.03 | -- | 0.47 | 0.55 | 0.55 | -- | 0.16 |
| 202112 | 25.10 | -- | 0.44 | 0.7 | 0.31 | -- | 0.09 |
| 202106 | 21.67 | -- | 0.60 | 0.89 | 0.76 | -- | 0.14 |
| 202012 | 23.43 | -- | 0.54 | 0.79 | 0.41 | -- | 0.08 |
| 202006 | 21.90 | -- | -0.40 | -0.7 | 0.61 | -- | 0.12 |
| 201912 | 27.06 | -- | 0.17 | 0.31 | 0.40 | -- | 0.08 |
| 201906 | 24.73 | -- | 0.76 | 1.95 | 0.71 | -- | 0.13 |
| 201812 | 23.94 | -- | 0.07 | 0.11 | 1.06 | -- | 0.07 |
| 201806 | 19.82 | -- | 12.37 | 15.76 | 1.94 | -- | 0.11 |
| 201712 | 19.84 | -- | 2.12 | 3.61 | 0.97 | -- | 0.06 |
| 201706 | 17.78 | -- | 4.43 | 5.31 | 3.04 | -- | 0.27 |
| 201612 | 17.22 | -- | 0.54 | 0.57 | 1.73 | -- | 0.18 |
| 201606 | 15.74 | -- | -6.30 | -10.15 | 0.58 | -- | 0.19 |
| 201512 | 16.88 | -- | -0.56 | -0.9 | 0.33 | -- | 0.10 |
| 201506 | 14.41 | -- | 2.10 | 7.06 | 0.82 | -- | 0.24 |
| 201412 | 13.41 | -- | 10.36 | 15.72 | 0.47 | -- | 0.12 |
| 201406 | 13.16 | -- | 1.81 | 2.73 | 2.92 | -- | 0.30 |
| 201312 | 13.50 | -- | -0.08 | -0.22 | 1.30 | -- | 0.16 |
| 201306 | 12.68 | -- | 3.18 | 4.79 | 3.05 | -- | 0.34 |
| 201212 | 13.61 | -- | 0.28 | 0.33 | 1.60 | -- | 0.19 |
| 201206 | 14.08 | -- | 8.16 | 13.01 | 3.19 | -- | 0.36 |
| 201112 | 14.89 | -- | 9.01 | 14.58 | 1.80 | -- | 0.19 |
| 201106 | 12.83 | -- | 2.31 | 3.23 | 3.17 | -- | 0.64 |
| 201012 | 11.09 | -- | 0.86 | 1.13 | 1.75 | -- | 0.35 |
| 201006 | 9.77 | -- | 0.80 | 0.48 | 3.37 | -- | 0.74 |
| 200912 | 10.41 | -- | 0.70 | 0.83 | 1.63 | -- | 0.40 |
| 200906 | 10.78 | -- | 3.53 | 13.01 | 3.59 | -- | 0.59 |
| 200812 | 10.47 | -- | -2.45 | -4.59 | 2.59 | -- | 0.39 |
| 200806 | 10.71 | -- | 6.04 | 9.52 | 3.95 | -- | 0.89 |
| 200712 | 11.27 | -- | 1.27 | 2.49 | 2.15 | -- | 0.45 |
| 200706 | 9.67 | -- | 15.44 | 14.27 | 4.24 | -- | 0.97 |
| 200612 | 10.01 | -- | 1.86 | 3.34 | 2.29 | -- | 0.57 |
| 200606 | 9.00 | -- | 5.23 | 7.2 | 4.65 | -- | 1.25 |
| 200512 | 9.08 | -- | 1.42 | 2.35 | 2.37 | -- | 0.56 |
| 200506 | 7.75 | -- | 7.66 | 7.63 | 3.41 | -- | 0.90 |
| 200412 | 8.68 | -- | 1.98 | 2.72 | 2.32 | -- | 0.66 |
| 200406 | 7.53 | -- | 2.07 | 2.47 | 4.30 | -- | 1.31 |
| 200312 | 7.85 | -- | 1.74 | 2.4 | 2.54 | -- | 0.70 |
| 200306 | 6.96 | -- | 1.91 | 1.8 | 5.10 | -- | 1.50 |
| 200212 | 6.64 | -- | 2.12 | 2.33 | 3.72 | -- | 0.88 |
| 200206 | 9.88 | -- | 0.55 | 0.69 | 4.17 | -- | 1.31 |
| 200112 | 9.13 | -- | 1.74 | 2.02 | 2.83 | -- | 0.67 |
| 200106 | 12.91 | -- | 3.33 | 3.73 | 5.57 | -- | 1.30 |
| 200012 | 12.02 | -- | 3.95 | 4.77 | 2.72 | -- | 0.62 |
| 200006 | 16.29 | -- | 6.34 | 7.02 | 3.76 | -- | 1.17 |
| 199912 | 13.69 | -- | -- | -- | -- | -- | -- |
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 | 38.80 | 61.20 | -- | -- |
| 202306 | 38.63 | 61.37 | -- | -- |
| 202212 | 37.82 | 62.18 | -- | -- |
| 202206 | 36.71 | 63.29 | -- | -- |
| 202112 | 37.15 | 62.85 | -- | -- |
| 202106 | 34.20 | 65.80 | -- | -- |
| 202012 | 32.39 | 67.61 | -- | -- |
| 202006 | 31.54 | 68.46 | -- | -- |
| 201912 | 31.95 | 68.05 | -- | -- |
| 201906 | 30.30 | 69.70 | -- | -- |
| 201812 | 37.30 | 62.70 | -- | -- |
| 201806 | 35.41 | 64.59 | -- | -- |
| 201712 | 41.72 | 58.28 | -- | -- |
| 201706 | 20.32 | 79.68 | -- | -- |
| 201612 | 25.18 | 74.82 | -- | -- |
| 201606 | 41.65 | 58.35 | -- | -- |
| 201512 | 39.10 | 60.90 | -- | -- |
| 201506 | 35.49 | 64.51 | -- | -- |
| 201412 | 34.23 | 65.77 | -- | -- |
| 201406 | 35.60 | 64.40 | -- | -- |
| 201312 | 36.85 | 63.15 | -- | -- |
| 201306 | 35.28 | 64.72 | -- | -- |
| 201212 | 37.68 | 62.32 | -- | -- |
| 201206 | 37.53 | 62.47 | -- | -- |
| 201112 | 37.43 | 62.57 | -- | -- |
| 201106 | 32.42 | 67.58 | -- | -- |
| 201012 | 31.54 | 68.46 | -- | -- |
| 201006 | 27.99 | 72.01 | -- | -- |
| 200912 | 31.13 | 68.87 | -- | -- |
| 200906 | 48.06 | 51.94 | -- | -- |
| 200812 | 54.46 | 45.54 | -- | -- |
| 200806 | 47.51 | 52.49 | -- | -- |
| 200712 | 53.71 | 46.29 | -- | -- |
| 200706 | 52.46 | 47.54 | -- | -- |
| 200612 | 52.96 | 47.04 | -- | -- |
| 200606 | 45.46 | 54.54 | -- | -- |
| 200512 | 51.71 | 48.29 | -- | -- |
| 200506 | 49.92 | 50.08 | -- | -- |
| 200412 | 41.04 | 58.96 | -- | -- |
| 200406 | 34.98 | 65.02 | -- | -- |
| 200312 | 38.97 | 61.03 | -- | -- |
| 200306 | 29.87 | 70.13 | -- | -- |
| 200212 | 29.82 | 70.18 | -- | -- |
| 200206 | 28.00 | 72.00 | -- | -- |
| 200112 | 24.66 | 75.34 | -- | -- |
| 200106 | 23.89 | 76.11 | -- | -- |
| 200012 | 25.74 | 74.26 | -- | -- |
| 200006 | 23.61 | 76.39 | -- | -- |
| 199912 | -- | -- | -- | -- |
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 | 150295000.0000 | -- | 56106000.0000 | 25122000.0000 |
| 202306 | 389355000.0000 | -- | 115133000.0000 | 34281000.0000 |
| 202212 | 196815000.0000 | -- | 59863000.0000 | 15799000.0000 |
| 202206 | 458813000.0000 | -- | 117410000.0000 | 5182000.0000 |
| 202112 | 251368000.0000 | -- | 58784000.0000 | 2352000.0000 |
| 202106 | 420078000.0000 | -- | 93339000.0000 | 4511000.0000 |
| 202012 | 221460000.0000 | -- | 44264000.0000 | 2384000.0000 |
| 202006 | 328284000.0000 | -- | 111644000.0000 | 7301000.0000 |
| 201912 | 208774000.0000 | -- | 59659000.0000 | 3627000.0000 |
| 201906 | 331922000.0000 | -- | 101252000.0000 | 5817000.0000 |
| 201812 | 186163000.0000 | -- | 50006000.0000 | 2772000.0000 |
| 201806 | 314227000.0000 | -- | 80930000.0000 | 12308000.0000 |
| 201712 | 164749000.0000 | -- | 40370000.0000 | 4622000.0000 |
| 201706 | 515776000.0000 | -- | 102666000.0000 | 12239000.0000 |
| 201612 | 340102000.0000 | -- | 56158000.0000 | 7888000.0000 |
| 201606 | 465581000.0000 | -- | 105973000.0000 | 16017000.0000 |
| 201512 | 256241000.0000 | -- | 50812000.0000 | 7837000.0000 |
| 201506 | 625582000.0000 | -- | 103702000.0000 | 13557000.0000 |
| 201412 | 353133000.0000 | -- | 50058000.0000 | 6716000.0000 |
| 201406 | 753837000.0000 | -- | 89853000.0000 | 12240000.0000 |
| 201312 | 385391000.0000 | -- | 48364000.0000 | 6196000.0000 |
| 201306 | 828895000.0000 | -- | 94847000.0000 | 12405000.0000 |
| 201212 | 437141000.0000 | -- | 49454000.0000 | 6244000.0000 |
| 201206 | 821120000.0000 | -- | 136276000.0000 | 9434000.0000 |
| 201112 | 447548000.0000 | -- | 83239000.0000 | 4933000.0000 |
| 201106 | 848622000.0000 | -- | 82573000.0000 | 2346000.0000 |
| 201012 | 459442000.0000 | -- | 31479000.0000 | 416000.0000 |
| 201006 | 930948000.0000 | -- | 72825000.0000 | 2231000.0000 |
| 200912 | 496584000.0000 | -- | 36303000.0000 | 1776000.0000 |
| 200906 | 1061343000.0000 | -- | 111890000.0000 | 12187000.0000 |
| 200812 | 675266000.0000 | -- | 54683000.0000 | 8291000.0000 |
| 200806 | 1337277000.0000 | -- | 73143000.0000 | 19733000.0000 |
| 200712 | 701655000.0000 | -- | 40349000.0000 | 12398000.0000 |
| 200706 | 1474303000.0000 | -- | 61884000.0000 | 17636000.0000 |
| 200612 | 831478000.0000 | -- | 36708000.0000 | 8203000.0000 |
| 200606 | 1557540000.0000 | -- | 52055000.0000 | 15610000.0000 |
| 200512 | 758064000.0000 | -- | 30772000.0000 | 8606000.0000 |
| 200506 | 1146799000.0000 | -- | 48653000.0000 | 5497000.0000 |
| 200412 | 645562000.0000 | -- | 25721000.0000 | 796000.0000 |
| 200406 | 1155072000.0000 | -- | 42022000.0000 | 1409000.0000 |
| 200312 | 609476000.0000 | -- | 25867000.0000 | 752000.0000 |
| 200306 | 1134283000.0000 | -- | 41238000.0000 | 788000.0000 |
| 200212 | 666576000.0000 | -- | 22144000.0000 | 436000.0000 |
| 200206 | 921859000.0000 | -- | 52147000.0000 | 803000.0000 |
| 200112 | 455522000.0000 | -- | 18145000.0000 | 472000.0000 |
| 200106 | 835906000.0000 | -- | 49193000.0000 | 1148000.0000 |
| 200012 | 410763000.0000 | -- | 12948000.0000 | 313000.0000 |
| 200006 | 707928000.0000 | -- | 53249000.0000 | 1837000.0000 |
| 199912 | 369165000.0000 | -- | 23038000.0000 | 710000.0000 |