中商官网
研究报告
九龙仓集团（HK0004）
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 | 10521000000.0000 | 6075000000.0000 | 4458000000.0000 | 3511000000.0000 | 97434000000.0000 | 37654000000.0000 | 59780000000.0000 |
| 2000 | 12023000000.0000 | 6754000000.0000 | 3660000000.0000 | 2494000000.0000 | 92503000000.0000 | 30527000000.0000 | 61976000000.0000 |
| 2001 | 11725000000.0000 | 7411000000.0000 | 3566000000.0000 | 2519000000.0000 | 88464000000.0000 | 30089000000.0000 | 58375000000.0000 |
| 2002 | 11333000000.0000 | 7552000000.0000 | 3657000000.0000 | 2259000000.0000 | 81122000000.0000 | 29707000000.0000 | 51415000000.0000 |
| 2003 | 11253000000.0000 | 7343000000.0000 | 4755000000.0000 | 3043000000.0000 | 81162000000.0000 | 25513000000.0000 | 55649000000.0000 |
| 2004 | 11953000000.0000 | 7749000000.0000 | 16473000000.0000 | 12677000000.0000 | 90138000000.0000 | 31514000000.0000 | 58624000000.0000 |
| 2005 | 12543000000.0000 | 8342000000.0000 | 17413000000.0000 | 13888000000.0000 | 104492000000.0000 | 35966000000.0000 | 68526000000.0000 |
| 2006 | 13364000000.0000 | 8711000000.0000 | 13823000000.0000 | 10757000000.0000 | 119277000000.0000 | 39359000000.0000 | 79918000000.0000 |
| 2007 | 16208000000.0000 | 10598000000.0000 | 18209000000.0000 | 13143000000.0000 | 146171000000.0000 | 54169000000.0000 | 92002000000.0000 |
| 2008 | 15940000000.0000 | 10581000000.0000 | 7907000000.0000 | 6247000000.0000 | 168554000000.0000 | 62697000000.0000 | 105857000000.0000 |
| 2009 | 17553000000.0000 | 11484000000.0000 | 22061000000.0000 | 19256000000.0000 | 190461000000.0000 | 54873000000.0000 | 135588000000.0000 |
| 2010 | 19380000000.0000 | 12308000000.0000 | 38823000000.0000 | 35750000000.0000 | 242768000000.0000 | 72119000000.0000 | 170649000000.0000 |
| 2011 | 24004000000.0000 | 14909000000.0000 | 34641000000.0000 | 30568000000.0000 | 317973000000.0000 | 107099000000.0000 | 210874000000.0000 |
| 2012 | 30856000000.0000 | 18252000000.0000 | 52579000000.0000 | 47263000000.0000 | 368998000000.0000 | 112092000000.0000 | 256906000000.0000 |
| 2013 | 31887000000.0000 | 17746000000.0000 | 34460000000.0000 | 29380000000.0000 | 415052000000.0000 | 130797000000.0000 | 284255000000.0000 |
| 2014 | 38136000000.0000 | 18664000000.0000 | 40154000000.0000 | 35930000000.0000 | 444658000000.0000 | 130547000000.0000 | 314111000000.0000 |
| 2015 | 40875000000.0000 | 19593000000.0000 | 20635000000.0000 | 16024000000.0000 | 443916000000.0000 | 126736000000.0000 | 317180000000.0000 |
| 2016 | 46627000000.0000 | 21482000000.0000 | 25772000000.0000 | 21440000000.0000 | 443827000000.0000 | 118421000000.0000 | 325406000000.0000 |
| 2017 | 43273000000.0000 | 23870000000.0000 | 30570000000.0000 | 21876000000.0000 | 222647000000.0000 | 77176000000.0000 | 145471000000.0000 |
| 2018 | 21055000000.0000 | 11364000000.0000 | 10837000000.0000 | 6623000000.0000 | 227349000000.0000 | 88589000000.0000 | 138760000000.0000 |
| 2019 | 16874000000.0000 | 10326000000.0000 | 6470000000.0000 | 3386000000.0000 | 242218000000.0000 | 95875000000.0000 | 146343000000.0000 |
| 2020 | 20997000000.0000 | 13618000000.0000 | 9527000000.0000 | 3864000000.0000 | 254095000000.0000 | 90619000000.0000 | 163476000000.0000 |
| 2021 | 22378000000.0000 | 11314000000.0000 | 9237000000.0000 | 6019000000.0000 | 253700000000.0000 | 87323000000.0000 | 166377000000.0000 |
| 2022 | 18064000000.0000 | 8843000000.0000 | 226000000.0000 | -1705000000.0000 | 221745000000.0000 | 66038000000.0000 | 155707000000.0000 |
| 2023 | 18950000000.0000 | 9052000000.0000 | 2195000000.0000 | 945000000.0000 | 204877000000.0000 | 56674000000.0000 | 148203000000.0000 |
| 2024 | 12115000000.0000 | 7772000000.0000 | -6316000000.0000 | -3224000000.0000 | 190039000000.0000 | 47569000000.0000 | 142470000000.0000 |
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 | 57.74 | 41.7600 | 4.58 | 6.4500 | 1.44 | -- | 0.11 |
| 2000 | 56.18 | 31.7200 | 3.96 | 4.3000 | 1.62 | -- | 0.13 |
| 2001 | 63.21 | 32.8100 | 4.03 | 4.6100 | 1.50 | -- | 0.13 |
| 2002 | 66.64 | 36.6400 | 4.51 | 4.7300 | 1.31 | -- | 0.14 |
| 2003 | 65.25 | 39.6600 | 5.86 | 5.8900 | 1.45 | -- | 0.14 |
| 2004 | 64.83 | 131.6700 | 18.28 | 23.0700 | 1.39 | -- | 0.13 |
| 2005 | 66.51 | 135.5400 | 16.66 | 21.2400 | 0.94 | -- | 0.12 |
| 2006 | 65.18 | 101.8800 | 11.59 | 14.3100 | 0.79 | -- | 0.11 |
| 2007 | 65.39 | 110.1900 | 12.46 | 15.2200 | 0.60 | -- | 0.11 |
| 2008 | 66.38 | 48.7200 | 4.69 | 6.2800 | 0.31 | -- | 0.09 |
| 2009 | 65.42 | 123.6500 | 11.58 | 14.9800 | 0.34 | -- | 0.09 |
| 2010 | 63.51 | 198.3400 | 15.99 | 21.9200 | 0.24 | -- | 0.08 |
| 2011 | 62.11 | 142.6700 | 10.89 | 15.0400 | 0.19 | -- | 0.08 |
| 2012 | 59.15 | 163.5500 | 14.25 | 19.0200 | 0.26 | -- | 0.08 |
| 2013 | 55.65 | 99.5500 | 8.30 | 10.6600 | 0.26 | -- | 0.08 |
| 2014 | 48.94 | 102.0100 | 9.03 | 11.7600 | 0.41 | -- | 0.09 |
| 2015 | 47.93 | 47.0800 | 4.65 | 5.2100 | 0.56 | -- | 0.09 |
| 2016 | 46.07 | 49.0400 | 5.81 | 6.7700 | 1.05 | -- | 0.11 |
| 2017 | 55.16 | 60.7300 | 13.73 | 15.4100 | 0.77 | -- | 0.19 |
| 2018 | 53.97 | 40.1600 | 4.77 | 4.8900 | 0.21 | -- | 0.09 |
| 2019 | 61.19 | 33.4000 | 2.67 | 2.3700 | 0.15 | -- | 0.07 |
| 2020 | 64.86 | 39.4800 | 3.75 | 2.4300 | 0.17 | -- | 0.08 |
| 2021 | 50.56 | 36.9500 | 3.64 | 3.7100 | 0.23 | -- | 0.09 |
| 2022 | 48.95 | 1.8000 | 0.10 | -1.1200 | 0.21 | -- | 0.08 |
| 2023 | 47.77 | 19.2300 | 1.07 | 0.6600 | 0.27 | -- | 0.09 |
| 2024 | 64.15 | -50.3800 | -3.32 | -2.3600 | 0.12 | -- | 0.06 |
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 | 38.65 | 61.35 | 1.21 | 0.91 |
| 2000 | 33.00 | 67.00 | 0.57 | 0.32 |
| 2001 | 34.01 | 65.99 | 0.63 | 0.39 |
| 2002 | 36.62 | 63.38 | 0.52 | 0.27 |
| 2003 | 31.43 | 68.57 | 0.46 | 0.21 |
| 2004 | 34.96 | 65.04 | 0.75 | 0.40 |
| 2005 | 34.42 | 65.58 | 0.82 | 0.37 |
| 2006 | 33.00 | 67.00 | 1.11 | 0.52 |
| 2007 | 37.06 | 62.94 | 1.33 | 0.66 |
| 2008 | 37.20 | 62.80 | 2.74 | 1.38 |
| 2009 | 28.81 | 71.19 | 2.29 | 1.31 |
| 2010 | 29.71 | 70.29 | 2.17 | 0.89 |
| 2011 | 33.68 | 66.32 | 2.73 | 1.18 |
| 2012 | 30.38 | 69.62 | 2.21 | 0.73 |
| 2013 | 31.51 | 68.49 | 1.78 | 0.63 |
| 2014 | 29.36 | 70.64 | 1.43 | 0.46 |
| 2015 | 28.55 | 71.45 | 1.27 | 0.54 |
| 2016 | 26.68 | 73.32 | 1.09 | 0.69 |
| 2017 | 34.66 | 65.34 | 1.95 | 1.30 |
| 2018 | 38.97 | 61.03 | 1.46 | 0.43 |
| 2019 | 39.58 | 60.42 | 1.55 | 0.62 |
| 2020 | 35.66 | 64.34 | 1.34 | 0.42 |
| 2021 | 34.42 | 65.58 | 1.92 | 0.67 |
| 2022 | 29.78 | 70.22 | 1.78 | 0.49 |
| 2023 | 27.66 | 72.34 | 1.89 | 0.50 |
| 2024 | 25.03 | 74.97 | 2.04 | 0.50 |
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) |
| 1999 | 4446000000.0000 | -- | 1748000000.0000 | 1939000000.0000 |
| 2000 | 5269000000.0000 | -- | 1536000000.0000 | 1593000000.0000 |
| 2001 | 4314000000.0000 | -- | 1579000000.0000 | 1106000000.0000 |
| 2002 | 3781000000.0000 | -- | 1692000000.0000 | 755000000.0000 |
| 2003 | 3910000000.0000 | -- | 1807000000.0000 | 480000000.0000 |
| 2004 | 4204000000.0000 | -- | 1930000000.0000 | 239000000.0000 |
| 2005 | 4201000000.0000 | -- | 1793000000.0000 | 562000000.0000 |
| 2006 | 4653000000.0000 | -- | 1954000000.0000 | 824000000.0000 |
| 2007 | 5610000000.0000 | -- | 2045000000.0000 | 1142000000.0000 |
| 2008 | 5359000000.0000 | -- | 2343000000.0000 | 1521000000.0000 |
| 2009 | 6069000000.0000 | -- | 2208000000.0000 | 338000000.0000 |
| 2010 | 7072000000.0000 | -- | 2162000000.0000 | 996000000.0000 |
| 2011 | 9095000000.0000 | -- | 2621000000.0000 | 2567000000.0000 |
| 2012 | 12604000000.0000 | -- | 2912000000.0000 | 939000000.0000 |
| 2013 | 14141000000.0000 | -- | 3137000000.0000 | 552000000.0000 |
| 2014 | 19472000000.0000 | -- | 3018000000.0000 | 1930000000.0000 |
| 2015 | 21282000000.0000 | -- | 3180000000.0000 | 1879000000.0000 |
| 2016 | 25145000000.0000 | -- | 2932000000.0000 | 1361000000.0000 |
| 2017 | 19403000000.0000 | -- | 2319000000.0000 | 1013000000.0000 |
| 2018 | 9691000000.0000 | -- | 1999000000.0000 | 512000000.0000 |
| 2019 | 6548000000.0000 | -- | 1851000000.0000 | 1112000000.0000 |
| 2020 | 7379000000.0000 | -- | 1827000000.0000 | 780000000.0000 |
| 2021 | 11064000000.0000 | -- | 754000000.0000 | 266000000.0000 |
| 2022 | 9221000000.0000 | -- | 717000000.0000 | 646000000.0000 |
| 2023 | 9898000000.0000 | -- | 706000000.0000 | 905000000.0000 |
| 2024 | 4343000000.0000 | -- | 708000000.0000 | -15000000.0000 |