中商官网
研究报告
恒隆集团（HK0010）
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 （%) |
| 202406 | 6379000000.0000 | 15.46 | 3613000000.0000 | -10.44 | 2282000000.0000 | -39.24 | 888000000.0000 | -47.21 |
| 202312 | 10881000000.0000 | -0.55 | 7794000000.0000 | 1.44 | 6574000000.0000 | 3.49 | 2811000000.0000 | 3.42 |
| 202306 | 5525000000.0000 | -1.43 | 4034000000.0000 | 2.67 | 3756000000.0000 | 14.16 | 1682000000.0000 | 16.89 |
| 202212 | 10941000000.0000 | 0.20 | 7683000000.0000 | -1.59 | 6352000000.0000 | -12.58 | 2718000000.0000 | 4.98 |
| 202206 | 5605000000.0000 | 6.26 | 3929000000.0000 | 2.10 | 3290000000.0000 | -17.34 | 1439000000.0000 | -4.58 |
| 202112 | 10919000000.0000 | 14.62 | 7807000000.0000 | 13.47 | 7266000000.0000 | -886.36 | 2589000000.0000 | -268.01 |
| 202106 | 5275000000.0000 | 18.35 | 3848000000.0000 | 18.80 | 3980000000.0000 | -292.92 | 1508000000.0000 | -194.55 |
| 202012 | 9526000000.0000 | 0.96 | 6880000000.0000 | -0.26 | -924000000.0000 | -105.14 | -1541000000.0000 | -122.61 |
| 202006 | 4457000000.0000 | -1.07 | 3239000000.0000 | -5.62 | -2063000000.0000 | -133.41 | -1595000000.0000 | -143.00 |
| 201912 | 9435000000.0000 | -5.79 | 6898000000.0000 | -4.84 | 17978000000.0000 | 68.65 | 6816000000.0000 | 28.97 |
| 201906 | 4505000000.0000 | -17.45 | 3432000000.0000 | -12.05 | 6174000000.0000 | 0.80 | 3709000000.0000 | 22.13 |
| 201812 | 10015000000.0000 | -14.94 | 7249000000.0000 | -12.79 | 10660000000.0000 | -1.16 | 5285000000.0000 | -0.55 |
| 201806 | 5457000000.0000 | -17.83 | 3902000000.0000 | -17.73 | 6125000000.0000 | 20.45 | 3037000000.0000 | 26.75 |
| 201712 | 11774000000.0000 | -13.73 | 8312000000.0000 | -10.99 | 10785000000.0000 | 28.75 | 5314000000.0000 | 43.12 |
| 201706 | 6641000000.0000 | 0.47 | 4743000000.0000 | 4.68 | 5085000000.0000 | 26.21 | 2396000000.0000 | 33.85 |
| 201612 | 13648000000.0000 | 43.24 | 9338000000.0000 | 34.26 | 8377000000.0000 | 16.23 | 3713000000.0000 | 15.63 |
| 201606 | 6610000000.0000 | 35.09 | 4531000000.0000 | 21.64 | 4029000000.0000 | -0.42 | 1790000000.0000 | 0.62 |
| 201512 | 9528000000.0000 | -45.88 | 6955000000.0000 | -48.12 | 7207000000.0000 | -52.28 | 3211000000.0000 | -52.95 |
| 201506 | 4893000000.0000 | 3.10 | 3725000000.0000 | 3.10 | 4046000000.0000 | -9.67 | 1779000000.0000 | -13.64 |
| 201412 | 17606000000.0000 | 80.87 | 13406000000.0000 | 84.86 | 15104000000.0000 | 49.13 | 6825000000.0000 | 49.77 |
| 201406 | 4746000000.0000 | 31.65 | 3613000000.0000 | 24.20 | 4479000000.0000 | 10.37 | 2060000000.0000 | 16.65 |
| 201312 | 9734000000.0000 | 21.89 | 7252000000.0000 | 17.73 | 10128000000.0000 | -10.44 | 4557000000.0000 | -13.40 |
| 201306 | 3605000000.0000 | -20.58 | 2909000000.0000 | -15.24 | 4058000000.0000 | -17.62 | 1766000000.0000 | -15.94 |
| 201212 | 7986000000.0000 | 27.04 | 6160000000.0000 | 23.99 | 11309000000.0000 | 56.46 | 5262000000.0000 | 64.13 |
| 201206 | 4539000000.0000 | 55.18 | 3432000000.0000 | 48.25 | 4926000000.0000 | 36.42 | 2101000000.0000 | 29.05 |
| 201112 | 6286000000.0000 | 125.39 | 4968000000.0000 | 119.73 | 7228000000.0000 | 64.95 | 3206000000.0000 | 68.65 |
| 201106 | 2925000000.0000 | -76.75 | 2315000000.0000 | -75.25 | 3611000000.0000 | -88.23 | 1628000000.0000 | -87.61 |
| 201012 | 2789000000.0000 | -72.09 | 2261000000.0000 | -69.25 | 4382000000.0000 | -81.43 | 1901000000.0000 | -81.06 |
| 201006 | 12580000000.0000 | 167.89 | 9352000000.0000 | 145.07 | 30671000000.0000 | 326.93 | 13139000000.0000 | 398.07 |
| 200912 | 9994000000.0000 | 331.33 | 7353000000.0000 | 293.84 | 23595000000.0000 | 739.98 | 10036000000.0000 | 1007.73 |
| 200906 | 4696000000.0000 | -55.50 | 3816000000.0000 | -43.66 | 7184000000.0000 | -59.39 | 2638000000.0000 | -64.90 |
| 200812 | 2317000000.0000 | -71.01 | 1867000000.0000 | -61.53 | 2809000000.0000 | -71.39 | 906000000.0000 | -77.61 |
| 200806 | 10553100000.0000 | 120.88 | 6773000000.0000 | 128.67 | 17691000000.0000 | 75.65 | 7516300000.0000 | 57.05 |
| 200712 | 7992000000.0000 | 272.31 | 4853100000.0000 | 253.11 | 9819100000.0000 | 120.13 | 4047000000.0000 | 76.31 |
| 200706 | 4777800000.0000 | 13.75 | 2961900000.0000 | 12.89 | 10072000000.0000 | 63.70 | 4785900000.0000 | 68.96 |
| 200612 | 2146600000.0000 | -14.51 | 1374400000.0000 | -0.18 | 4460500000.0000 | 84.66 | 2295400000.0000 | 110.37 |
| 200606 | 4200200000.0000 | -43.79 | 2623600000.0000 | -27.71 | 6152700000.0000 | -39.14 | 2832600000.0000 | -39.00 |
| 200512 | 2511000000.0000 | -53.07 | 1376900000.0000 | -39.24 | 2415500000.0000 | -5.52 | 1091100000.0000 | -21.84 |
| 200506 | 7472200000.0000 | 37.12 | 3629100000.0000 | 38.27 | 10109900000.0000 | 67.27 | 4643700000.0000 | 82.56 |
| 200412 | 5351000000.0000 | 212.36 | 2266200000.0000 | 179.47 | 2556600000.0000 | 281.53 | 1395900000.0000 | 378.05 |
| 200406 | 5449300000.0000 | 59.27 | 2624600000.0000 | 64.61 | 6043900000.0000 | 424.01 | 2543600000.0000 | 556.92 |
| 200312 | 1713100000.0000 | -7.45 | 810900000.0000 | -1.24 | 670100000.0000 | 5.74 | 292000000.0000 | 6.73 |
| 200306 | 3421400000.0000 | 5.14 | 1594400000.0000 | -11.56 | 1153400000.0000 | -23.07 | 387200000.0000 | -44.03 |
| 200212 | 1851000000.0000 | 14.61 | 821100000.0000 | -3.23 | 633700000.0000 | -8.46 | 273600000.0000 | -8.92 |
| 200206 | 3254000000.0000 | -41.67 | 1802900000.0000 | -5.99 | 1499200000.0000 | -13.03 | 691800000.0000 | -7.08 |
| 200112 | 1615000000.0000 | -61.49 | 848500000.0000 | -27.92 | 692300000.0000 | -31.69 | 300400000.0000 | -39.12 |
| 200106 | 5578600000.0000 | 97.70 | 1917700000.0000 | -8.86 | 1723800000.0000 | 3.74 | 744500000.0000 | -14.73 |
| 200012 | 4194100000.0000 | 188.33 | 1177100000.0000 | 7.27 | 1013500000.0000 | 17.85 | 493400000.0000 | 7.68 |
| 200006 | 2821800000.0000 | -- | 2104200000.0000 | -- | 1661600000.0000 | -- | 873100000.0000 | -- |
| 199912 | 1454600000.0000 | -- | 1097300000.0000 | -- | 860000000.0000 | -- | 458200000.0000 | -- |
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) |
| 202406 | 56.64 | -- | 0.98 | 0.93 | 0.20 | -- | 0.03 |
| 202312 | 71.63 | -- | 2.84 | 2.98 | 0.22 | -- | 0.05 |
| 202306 | 73.01 | -- | 1.67 | 1.84 | 0.12 | -- | 0.02 |
| 202212 | 70.22 | -- | 2.80 | 2.93 | 0.28 | -- | 0.05 |
| 202206 | 70.10 | -- | 1.43 | 1.53 | 0.15 | -- | 0.02 |
| 202112 | 71.50 | -- | 3.05 | 2.7 | 0.29 | -- | 0.05 |
| 202106 | 72.95 | -- | 1.74 | 1.61 | 0.13 | -- | 0.02 |
| 202012 | 72.22 | -- | -0.41 | -1.67 | 0.33 | -- | 0.04 |
| 202006 | 72.67 | -- | -1.00 | -1.82 | 0.19 | -- | 0.02 |
| 201912 | 73.11 | -- | 8.43 | 7.47 | 0.45 | -- | 0.04 |
| 201906 | 76.18 | -- | 3.02 | 4.16 | 0.25 | -- | 0.02 |
| 201812 | 72.38 | -- | 5.37 | 6.11 | 1.08 | -- | 0.05 |
| 201806 | 71.50 | -- | 3.11 | 3.55 | 1.21 | -- | 0.03 |
| 201712 | 70.60 | -- | 5.51 | 6.39 | 2.12 | -- | 0.06 |
| 201706 | 71.42 | -- | 2.71 | 3.05 | 1.02 | -- | 0.04 |
| 201612 | 68.42 | -- | 4.49 | 4.91 | 1.82 | -- | 0.07 |
| 201606 | 68.55 | -- | 2.09 | 2.35 | 0.66 | -- | 0.03 |
| 201512 | 73.00 | -- | 3.68 | 4.25 | 0.67 | -- | 0.05 |
| 201506 | 76.13 | -- | 1.98 | 2.31 | 0.30 | -- | 0.02 |
| 201412 | 76.14 | -- | 7.35 | 8.98 | 1.03 | -- | 0.09 |
| 201406 | 76.13 | -- | 2.24 | 2.89 | 0.21 | -- | 0.02 |
| 201312 | 74.50 | -- | 5.09 | 6.46 | 0.43 | -- | 0.05 |
| 201306 | 80.69 | -- | 2.13 | 2.63 | 0.11 | -- | 0.02 |
| 201212 | 77.13 | -- | 6.18 | 8.07 | 0.30 | -- | 0.04 |
| 201206 | 75.61 | -- | 2.85 | 3.4 | 0.19 | -- | 0.03 |
| 201112 | 79.03 | -- | 4.43 | 5.3 | 0.21 | -- | 0.04 |
| 201106 | 79.15 | -- | 2.32 | 2.76 | 0.10 | -- | 0.02 |
| 201012 | 81.07 | -- | 2.99 | 3.34 | 0.09 | -- | 0.02 |
| 201006 | 74.34 | -- | 24.24 | 24.8 | 0.55 | -- | 0.10 |
| 200912 | 73.57 | -- | 19.57 | 21.11 | 0.45 | -- | 0.08 |
| 200906 | 81.26 | -- | 7.29 | 6.83 | 0.11 | -- | 0.05 |
| 200812 | 80.58 | -- | 2.98 | 2.45 | 0.07 | -- | 0.02 |
| 200806 | 64.18 | -- | 18.92 | 20.43 | 0.55 | -- | 0.11 |
| 200712 | 60.72 | -- | 11.67 | 12.43 | 0.45 | -- | 0.09 |
| 200706 | 61.99 | -- | 13.21 | 16.45 | 0.19 | -- | 0.06 |
| 200612 | 64.03 | -- | 6.24 | 8.57 | 0.08 | -- | 0.03 |
| 200606 | 62.46 | -- | 9.25 | 11.32 | 0.15 | -- | 0.06 |
| 200512 | 54.83 | -- | 3.81 | 4.65 | 0.11 | -- | 0.04 |
| 200506 | 48.57 | -- | 17.22 | 20.33 | 0.36 | -- | 0.13 |
| 200412 | 42.35 | -- | 4.44 | 6.97 | 0.30 | -- | 0.09 |
| 200406 | 48.16 | -- | 11.62 | 13.51 | 0.23 | -- | 0.10 |
| 200312 | 47.34 | -- | 1.45 | 1.75 | 0.07 | -- | 0.04 |
| 200306 | 46.60 | -- | 2.48 | 2.29 | 0.16 | -- | 0.07 |
| 200212 | 44.36 | -- | 1.30 | 1.53 | 0.10 | -- | 0.04 |
| 200206 | 55.41 | -- | 3.06 | 3.81 | 0.15 | -- | 0.07 |
| 200112 | 52.54 | -- | 1.37 | 1.58 | 0.08 | -- | 0.03 |
| 200106 | 34.38 | -- | 3.43 | 3.89 | 0.42 | -- | 0.11 |
| 200012 | 28.07 | -- | 2.05 | 2.53 | 0.34 | -- | 0.08 |
| 200006 | 74.57 | -- | 3.35 | 4.53 | 0.10 | -- | 0.06 |
| 199912 | 75.44 | -- | -- | -- | -- | -- | -- |
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 |
| 202406 | 33.89 | 66.11 | -- | -- |
| 202312 | 33.07 | 66.93 | -- | -- |
| 202306 | 32.15 | 67.85 | -- | -- |
| 202212 | 31.48 | 68.52 | -- | -- |
| 202206 | 30.73 | 69.27 | -- | -- |
| 202112 | 30.89 | 69.11 | -- | -- |
| 202106 | 29.37 | 70.63 | -- | -- |
| 202012 | 29.10 | 70.90 | -- | -- |
| 202006 | 26.95 | 73.05 | -- | -- |
| 201912 | 25.75 | 74.25 | -- | -- |
| 201906 | 24.94 | 75.06 | -- | -- |
| 201812 | 24.10 | 75.90 | -- | -- |
| 201806 | 23.46 | 76.54 | -- | -- |
| 201712 | 23.61 | 76.39 | -- | -- |
| 201706 | 24.07 | 75.93 | -- | -- |
| 201612 | 25.95 | 74.05 | -- | -- |
| 201606 | 27.55 | 72.45 | -- | -- |
| 201512 | 28.31 | 71.69 | -- | -- |
| 201506 | 28.90 | 71.10 | -- | -- |
| 201412 | 29.54 | 70.46 | -- | -- |
| 201406 | 31.76 | 68.24 | -- | -- |
| 201312 | 31.44 | 68.56 | -- | -- |
| 201306 | 31.12 | 68.88 | -- | -- |
| 201212 | 29.13 | 70.87 | -- | -- |
| 201206 | 28.58 | 71.42 | -- | -- |
| 201112 | 25.70 | 74.30 | -- | -- |
| 201106 | 22.64 | 77.36 | -- | -- |
| 201012 | 20.19 | 79.81 | -- | -- |
| 201006 | 19.10 | 80.90 | -- | -- |
| 200912 | 23.99 | 76.01 | -- | -- |
| 200906 | 23.94 | 76.06 | -- | -- |
| 200812 | 23.63 | 76.37 | -- | -- |
| 200806 | 22.93 | 77.07 | -- | -- |
| 200712 | 22.90 | 77.10 | -- | -- |
| 200706 | 23.26 | 76.74 | -- | -- |
| 200612 | 24.18 | 75.82 | -- | -- |
| 200606 | 30.35 | 69.65 | -- | -- |
| 200512 | 30.92 | 69.08 | -- | -- |
| 200506 | 25.11 | 74.89 | -- | -- |
| 200412 | 30.54 | 69.46 | -- | -- |
| 200406 | 33.72 | 66.28 | -- | -- |
| 200312 | 38.80 | 61.20 | -- | -- |
| 200306 | 37.02 | 62.98 | -- | -- |
| 200212 | 37.22 | 62.78 | -- | -- |
| 200206 | 33.81 | 66.19 | -- | -- |
| 200112 | 33.28 | 66.72 | -- | -- |
| 200106 | 32.05 | 67.95 | -- | -- |
| 200012 | 30.42 | 69.58 | -- | -- |
| 200006 | 31.02 | 68.98 | -- | -- |
| 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) |
| 202406 | 2766000000.0000 | -- | 346000000.0000 | 421000000.0000 |
| 202312 | 3087000000.0000 | -- | 680000000.0000 | 618000000.0000 |
| 202306 | 1491000000.0000 | -- | 339000000.0000 | 265000000.0000 |
| 202212 | 3258000000.0000 | -- | 673000000.0000 | 464000000.0000 |
| 202206 | 1676000000.0000 | -- | 320000000.0000 | 230000000.0000 |
| 202112 | 3112000000.0000 | -- | 618000000.0000 | 427000000.0000 |
| 202106 | 1427000000.0000 | -- | 286000000.0000 | 190000000.0000 |
| 202012 | 2646000000.0000 | -- | 559000000.0000 | 152000000.0000 |
| 202006 | 1218000000.0000 | -- | 307000000.0000 | 50000000.0000 |
| 201912 | 2537000000.0000 | -- | 623000000.0000 | -16000000.0000 |
| 201906 | 1073000000.0000 | -- | 334000000.0000 | -39000000.0000 |
| 201812 | 2766000000.0000 | -- | 707000000.0000 | 715000000.0000 |
| 201806 | 1555000000.0000 | -- | 329000000.0000 | 325000000.0000 |
| 201712 | 3462000000.0000 | -- | 656000000.0000 | 727000000.0000 |
| 201706 | 1898000000.0000 | -- | 326000000.0000 | 349000000.0000 |
| 201612 | 4310000000.0000 | -- | 671000000.0000 | 393000000.0000 |
| 201606 | 2079000000.0000 | -- | 346000000.0000 | 108000000.0000 |
| 201512 | 2573000000.0000 | -- | 728000000.0000 | 5000000.0000 |
| 201506 | 1168000000.0000 | -- | 367000000.0000 | -40000000.0000 |
| 201412 | 4200000000.0000 | -- | 705000000.0000 | -263000000.0000 |
| 201406 | 1133000000.0000 | -- | 341000000.0000 | -229000000.0000 |
| 201312 | 2482000000.0000 | -- | 698000000.0000 | -429000000.0000 |
| 201306 | 696000000.0000 | -- | 330000000.0000 | -186000000.0000 |
| 201212 | 1826000000.0000 | -- | 695000000.0000 | -264000000.0000 |
| 201206 | 1107000000.0000 | -- | 336000000.0000 | 184000000.0000 |
| 201112 | 1318000000.0000 | -- | 439000000.0000 | 222000000.0000 |
| 201106 | 610000000.0000 | -- | 139000000.0000 | 73000000.0000 |
| 201012 | 528000000.0000 | -- | 351000000.0000 | 66000000.0000 |
| 201006 | 3228000000.0000 | -- | 526000000.0000 | 120000000.0000 |
| 200912 | 2641000000.0000 | -- | 307000000.0000 | 53000000.0000 |
| 200906 | 880000000.0000 | -- | 449000000.0000 | 172000000.0000 |
| 200812 | 450000000.0000 | -- | 207000000.0000 | 116000000.0000 |
| 200806 | 3780100000.0000 | -- | 450100000.0000 | 306600000.0000 |
| 200712 | 3138900000.0000 | -- | 174500000.0000 | 209700000.0000 |
| 200706 | 1815900000.0000 | -- | 328500000.0000 | 465700000.0000 |
| 200612 | 772200000.0000 | -- | 167300000.0000 | 264400000.0000 |
| 200606 | 1576600000.0000 | -- | 252000000.0000 | 541500000.0000 |
| 200512 | 1134100000.0000 | -- | 124200000.0000 | 240900000.0000 |
| 200506 | 3843100000.0000 | -- | 224200000.0000 | 303800000.0000 |
| 200412 | 3084800000.0000 | -- | 111500000.0000 | 123900000.0000 |
| 200406 | 2824700000.0000 | -- | 181700000.0000 | 235400000.0000 |
| 200312 | 902200000.0000 | -- | 57600000.0000 | 160800000.0000 |
| 200306 | 1827000000.0000 | -- | 127900000.0000 | 343600000.0000 |
| 200212 | 1029900000.0000 | -- | 66100000.0000 | 179100000.0000 |
| 200206 | 1451100000.0000 | -- | 164500000.0000 | 372500000.0000 |
| 200112 | 766500000.0000 | -- | 71100000.0000 | 181000000.0000 |
| 200106 | 3660900000.0000 | -- | 148200000.0000 | 501600000.0000 |
| 200012 | 3017000000.0000 | -- | 68500000.0000 | 298400000.0000 |
| 200006 | 717600000.0000 | -- | 136700000.0000 | 387900000.0000 |
| 199912 | 357300000.0000 | -- | 65400000.0000 | 202000000.0000 |