中商官网
研究报告
长和（HK0001）
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 | 3142000000.0000 | 998000000.0000 | 59265000000.0000 | 59373000000.0000 | 173630000000.0000 | 25151000000.0000 | 148479000000.0000 |
| 2000 | 5715000000.0000 | 2977000000.0000 | 20526000000.0000 | 19436000000.0000 | 188755000000.0000 | 23313000000.0000 | 165442000000.0000 |
| 2001 | 5660000000.0000 | 2733000000.0000 | 8410000000.0000 | 7237000000.0000 | 196510000000.0000 | 26449000000.0000 | 170061000000.0000 |
| 2002 | 2445000000.0000 | 1452000000.0000 | 10034000000.0000 | 8782000000.0000 | 198860000000.0000 | 25829000000.0000 | 173031000000.0000 |
| 2003 | 8467000000.0000 | 2085000000.0000 | 8467000000.0000 | 8708000000.0000 | 196720000000.0000 | 21092000000.0000 | 175628000000.0000 |
| 2004 | 12149000000.0000 | 1973000000.0000 | 11002000000.0000 | 10700000000.0000 | 205636000000.0000 | 24690000000.0000 | 180946000000.0000 |
| 2005 | 6171000000.0000 | 2531000000.0000 | 14464000000.0000 | 13995000000.0000 | 216227000000.0000 | 26304000000.0000 | 189923000000.0000 |
| 2006 | 10951000000.0000 | 6043000000.0000 | 19492000000.0000 | 18075000000.0000 | 249801000000.0000 | 44120000000.0000 | 205681000000.0000 |
| 2007 | 13277000000.0000 | 6756000000.0000 | 29169000000.0000 | 27678000000.0000 | 276622000000.0000 | 46013000000.0000 | 230609000000.0000 |
| 2008 | 12856000000.0000 | 12856000000.0000 | 14089000000.0000 | 13029000000.0000 | 283663000000.0000 | 54188000000.0000 | 229475000000.0000 |
| 2009 | 17702000000.0000 | 17702000000.0000 | 21684000000.0000 | 19618000000.0000 | 296963000000.0000 | 50066000000.0000 | 246897000000.0000 |
| 2010 | 23983000000.0000 | 8870000000.0000 | 28201000000.0000 | 26836000000.0000 | 330951000000.0000 | 57493000000.0000 | 273458000000.0000 |
| 2011 | 32971000000.0000 | 11811000000.0000 | 48092000000.0000 | 46055000000.0000 | 373186000000.0000 | 58901000000.0000 | 314285000000.0000 |
| 2012 | 19199000000.0000 | 9389000000.0000 | 33642000000.0000 | 32036000000.0000 | 406725000000.0000 | 64073000000.0000 | 342652000000.0000 |
| 2013 | 17013000000.0000 | 9030000000.0000 | 37494000000.0000 | 35260000000.0000 | 428837000000.0000 | 56016000000.0000 | 372821000000.0000 |
| 2014 | 1562000000.0000 | 1562000000.0000 | 19130000000.0000 | 53869000000.0000 | 457941000000.0000 | 51894000000.0000 | 406047000000.0000 |
| 2015 | 166760000000.0000 | 98517000000.0000 | 47261000000.0000 | 118570000000.0000 | 1032944000000.0000 | 483833000000.0000 | 549111000000.0000 |
| 2016 | 259842000000.0000 | 157899000000.0000 | 46463000000.0000 | 33008000000.0000 | 1013465000000.0000 | 469275000000.0000 | 544190000000.0000 |
| 2017 | 248515000000.0000 | 147187000000.0000 | 46418000000.0000 | 35100000000.0000 | 1100255000000.0000 | 508708000000.0000 | 591547000000.0000 |
| 2018 | 277129000000.0000 | 167565000000.0000 | 49198000000.0000 | 39000000000.0000 | 1232244000000.0000 | 641421000000.0000 | 590823000000.0000 |
| 2019 | 299021000000.0000 | 193062000000.0000 | 53797000000.0000 | 39830000000.0000 | 1210976000000.0000 | 614013000000.0000 | 596963000000.0000 |
| 2020 | 266396000000.0000 | 170847000000.0000 | 41699000000.0000 | 29143000000.0000 | 1254596000000.0000 | 624533000000.0000 | 630063000000.0000 |
| 2021 | 280847000000.0000 | 176581000000.0000 | 42702000000.0000 | 33484000000.0000 | 1213526000000.0000 | 569271000000.0000 | 644255000000.0000 |
| 2022 | 262497000000.0000 | 160773000000.0000 | 51933000000.0000 | 36680000000.0000 | 1148437000000.0000 | 501128000000.0000 | 647309000000.0000 |
| 2023 | 275575000000.0000 | 169836000000.0000 | 33212000000.0000 | 23500000000.0000 | 1158903000000.0000 | 488354000000.0000 | 670549000000.0000 |
| 2024 | 281351000000.0000 | 175157000000.0000 | 28570000000.0000 | 17088000000.0000 | 1112542000000.0000 | 459950000000.0000 | 652592000000.0000 |
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 | 31.76 | 6.0800 | 34.13 | 41.8900 | 0.15 | -- | 0.02 |
| 2000 | 52.09 | 39.2800 | 10.87 | 11.9900 | 0.15 | -- | 0.03 |
| 2001 | 48.29 | 14.1300 | 4.28 | 4.3800 | 0.13 | -- | 0.03 |
| 2002 | 59.39 | 50.0200 | 5.05 | 5.2100 | 0.05 | -- | 0.01 |
| 2003 | 24.63 | 24.1400 | 4.30 | 5.0800 | 0.46 | -- | 0.04 |
| 2004 | 16.24 | 29.2500 | 5.35 | 6.0900 | 0.39 | -- | 0.06 |
| 2005 | 41.01 | 63.6500 | 6.69 | 7.5600 | 0.13 | -- | 0.03 |
| 2006 | 55.18 | 69.4700 | 7.80 | 9.0200 | 0.11 | -- | 0.04 |
| 2007 | 50.88 | 88.8000 | 10.54 | 12.1800 | 0.11 | -- | 0.05 |
| 2008 | 100.00 | 42.9800 | 4.97 | 5.7900 | 0.00 | -- | 0.05 |
| 2009 | 100.00 | 67.3500 | 7.30 | 8.0700 | 0.00 | -- | 0.06 |
| 2010 | 36.98 | 40.4700 | 8.52 | 9.9500 | 0.23 | -- | 0.07 |
| 2011 | 35.82 | 44.4100 | 12.89 | 15.0300 | 0.31 | -- | 0.09 |
| 2012 | 48.90 | 76.1900 | 8.27 | 9.6000 | 0.12 | -- | 0.05 |
| 2013 | 53.08 | 94.4800 | 8.74 | 9.7800 | 0.10 | -- | 0.04 |
| 2014 | 100.00 | 22.0900 | 4.18 | 13.6700 | 0.00 | -- | 0.00 |
| 2015 | 59.08 | 20.2800 | 4.58 | 30.1400 | 3.45 | -- | 0.16 |
| 2016 | 60.77 | 11.4900 | 4.58 | 8.3700 | 5.41 | -- | 0.26 |
| 2017 | 59.23 | 10.9100 | 4.22 | 8.1600 | 4.67 | -- | 0.23 |
| 2018 | 60.46 | 13.0200 | 3.99 | 8.7400 | 4.68 | -- | 0.22 |
| 2019 | 64.56 | 15.0100 | 4.44 | 8.5800 | 4.44 | -- | 0.25 |
| 2020 | 64.13 | 20.7500 | 3.32 | 5.9000 | 3.89 | -- | 0.21 |
| 2021 | 62.87 | 10.8900 | 3.52 | 6.5300 | 4.41 | -- | 0.23 |
| 2022 | 61.25 | 12.4500 | 4.52 | 7.0100 | 4.37 | -- | 0.23 |
| 2023 | 61.63 | 6.2000 | 2.87 | 4.3200 | 4.32 | -- | 0.24 |
| 2024 | 62.26 | 4.2300 | 2.57 | 3.2000 | 4.26 | -- | 0.25 |
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 | 14.49 | 85.51 | 1.47 | 0.53 |
| 2000 | 12.35 | 87.65 | 2.53 | 0.63 |
| 2001 | 13.46 | 86.54 | 3.33 | 0.49 |
| 2002 | 12.99 | 87.01 | 3.91 | 0.71 |
| 2003 | 10.72 | 89.28 | 5.69 | 2.50 |
| 2004 | 12.01 | 87.99 | 5.21 | 1.15 |
| 2005 | 12.16 | 87.84 | 5.40 | 1.57 |
| 2006 | 17.66 | 82.34 | 4.97 | 1.02 |
| 2007 | 16.63 | 83.37 | 4.09 | 0.67 |
| 2008 | 19.10 | 80.90 | 3.90 | 0.61 |
| 2009 | 16.86 | 83.14 | 3.48 | 0.71 |
| 2010 | 17.37 | 82.63 | 2.70 | 0.81 |
| 2011 | 15.78 | 84.22 | 2.63 | 0.66 |
| 2012 | 15.75 | 84.25 | 5.17 | 1.20 |
| 2013 | 13.06 | 86.94 | 7.58 | 2.42 |
| 2014 | 11.33 | 88.67 | 3.51 | 1.18 |
| 2015 | 46.84 | 53.16 | 1.48 | 1.33 |
| 2016 | 46.30 | 53.70 | 1.42 | 1.30 |
| 2017 | 46.24 | 53.76 | 2.03 | 1.84 |
| 2018 | 52.05 | 47.95 | 1.53 | 1.43 |
| 2019 | 50.70 | 49.30 | 1.36 | 1.21 |
| 2020 | 49.78 | 50.22 | 1.37 | 1.23 |
| 2021 | 46.91 | 53.09 | 1.29 | 1.16 |
| 2022 | 43.64 | 56.36 | 1.27 | 1.14 |
| 2023 | 42.14 | 57.86 | 1.25 | 1.09 |
| 2024 | 41.34 | 58.66 | 1.47 | 1.28 |
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 | 2144000000.0000 | -- | 729000000.0000 | 667000000.0000 |
| 2000 | 2738000000.0000 | -- | 725000000.0000 | 725000000.0000 |
| 2001 | 2927000000.0000 | -- | 684000000.0000 | 776000000.0000 |
| 2002 | 993000000.0000 | -- | 698000000.0000 | 650000000.0000 |
| 2003 | 6382000000.0000 | -- | 620000000.0000 | 517000000.0000 |
| 2004 | 10176000000.0000 | -- | 615000000.0000 | 350000000.0000 |
| 2005 | 3640000000.0000 | -- | 649000000.0000 | 347000000.0000 |
| 2006 | 4908000000.0000 | -- | 696000000.0000 | 589000000.0000 |
| 2007 | 6521000000.0000 | -- | 825000000.0000 | 984000000.0000 |
| 2008 | -- | -- | 944000000.0000 | 454000000.0000 |
| 2009 | -- | -- | 1381000000.0000 | 233000000.0000 |
| 2010 | 15113000000.0000 | -- | 1652000000.0000 | 222000000.0000 |
| 2011 | 21160000000.0000 | -- | 1903000000.0000 | 372000000.0000 |
| 2012 | 9810000000.0000 | -- | 1947000000.0000 | 496000000.0000 |
| 2013 | 7983000000.0000 | -- | 1934000000.0000 | 356000000.0000 |
| 2014 | -- | -- | 1097000000.0000 | 655000000.0000 |
| 2015 | 68243000000.0000 | -- | 42160000000.0000 | 4470000000.0000 |
| 2016 | 101943000000.0000 | -- | 67976000000.0000 | 7118000000.0000 |
| 2017 | 101328000000.0000 | -- | 67222000000.0000 | 8274000000.0000 |
| 2018 | 109564000000.0000 | -- | 72341000000.0000 | 9797000000.0000 |
| 2019 | 105959000000.0000 | -- | 93842000000.0000 | 14305000000.0000 |
| 2020 | 95549000000.0000 | -- | 93515000000.0000 | 10850000000.0000 |
| 2021 | 104266000000.0000 | -- | 99129000000.0000 | 10608000000.0000 |
| 2022 | 101724000000.0000 | -- | 91485000000.0000 | 9052000000.0000 |
| 2023 | 105739000000.0000 | -- | 94497000000.0000 | 12227000000.0000 |
| 2024 | 106194000000.0000 | -- | 97484000000.0000 | 13392000000.0000 |