中商官网
研究报告
希慎兴业（HK0014）
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 | 2295717000.0000 | 1888567000.0000 | 1365409000.0000 | 1203958000.0000 | 28737646000.0000 | 7373866000.0000 | 21363780000.0000 |
| 2000 | 1480246000.0000 | 1241290000.0000 | 1033126000.0000 | 850173000.0000 | 30948939000.0000 | 6131452000.0000 | 24817487000.0000 |
| 2001 | 1355450000.0000 | 1131852000.0000 | 778623000.0000 | 600343000.0000 | 28622592000.0000 | 6393575000.0000 | 22229017000.0000 |
| 2002 | 1233398000.0000 | 997507000.0000 | 696365000.0000 | 533445000.0000 | 26555177000.0000 | 6704137000.0000 | 19851040000.0000 |
| 2003 | 1139308000.0000 | 899682000.0000 | 735400000.0000 | 535792000.0000 | 26333311000.0000 | 6963047000.0000 | 19370264000.0000 |
| 2004 | 1154486000.0000 | 895165000.0000 | 782845000.0000 | 608642000.0000 | 30147182000.0000 | 8749864000.0000 | 21397318000.0000 |
| 2005 | 1249796000.0000 | 1012445000.0000 | 5175884000.0000 | 4120555000.0000 | 33990879000.0000 | 8337267000.0000 | 25653612000.0000 |
| 2006 | 1268000000.0000 | 1028000000.0000 | 3798000000.0000 | 3099000000.0000 | 36253000000.0000 | 7345000000.0000 | 28908000000.0000 |
| 2007 | 1368000000.0000 | 1160000000.0000 | 4862000000.0000 | 3949000000.0000 | 40890000000.0000 | 8042000000.0000 | 32848000000.0000 |
| 2008 | 1638000000.0000 | 1421000000.0000 | 1719000000.0000 | 1594000000.0000 | 41536000000.0000 | 8826000000.0000 | 32710000000.0000 |
| 2009 | 1680000000.0000 | 1445000000.0000 | 3233000000.0000 | 2914000000.0000 | 44042000000.0000 | 5310000000.0000 | 38732000000.0000 |
| 2010 | 1764000000.0000 | 1514000000.0000 | 4252000000.0000 | 3844000000.0000 | 48554000000.0000 | 6237000000.0000 | 42317000000.0000 |
| 2011 | 1922000000.0000 | 1660000000.0000 | 9207000000.0000 | 8545000000.0000 | 59368000000.0000 | 8624000000.0000 | 50744000000.0000 |
| 2012 | 2486000000.0000 | 2063000000.0000 | 10660000000.0000 | 9955000000.0000 | 68423000000.0000 | 7976000000.0000 | 60447000000.0000 |
| 2013 | 3063000000.0000 | 2658000000.0000 | 7169000000.0000 | 6158000000.0000 | 76094000000.0000 | 9913000000.0000 | 66181000000.0000 |
| 2014 | 3224000000.0000 | 2820000000.0000 | 5636000000.0000 | 4902000000.0000 | 79023000000.0000 | 8894000000.0000 | 70129000000.0000 |
| 2015 | 3430000000.0000 | 3016000000.0000 | 3573000000.0000 | 2903000000.0000 | 78788000000.0000 | 7420000000.0000 | 71368000000.0000 |
| 2016 | 3535000000.0000 | 3107000000.0000 | 1810000000.0000 | 1218000000.0000 | 80021000000.0000 | 9336000000.0000 | 70685000000.0000 |
| 2017 | 3548000000.0000 | 3099000000.0000 | 4097000000.0000 | 3636000000.0000 | 82120000000.0000 | 9119000000.0000 | 73001000000.0000 |
| 2018 | 3890000000.0000 | 3367000000.0000 | 6800000000.0000 | 6033000000.0000 | 87043000000.0000 | 9406000000.0000 | 77637000000.0000 |
| 2019 | 3988000000.0000 | 3452000000.0000 | 5559000000.0000 | 4845000000.0000 | 97043000000.0000 | 16071000000.0000 | 80972000000.0000 |
| 2020 | 3710000000.0000 | 3220000000.0000 | -1995000000.0000 | -2547000000.0000 | 109755000000.0000 | 22306000000.0000 | 87449000000.0000 |
| 2021 | 3608000000.0000 | 3109000000.0000 | 2261000000.0000 | 1383000000.0000 | 117373000000.0000 | 29488000000.0000 | 87885000000.0000 |
| 2022 | 3460000000.0000 | 2893000000.0000 | -607000000.0000 | -1157000000.0000 | 119165000000.0000 | 35754000000.0000 | 83411000000.0000 |
| 2023 | 3210000000.0000 | 2589000000.0000 | -731000000.0000 | -872000000.0000 | 114526000000.0000 | 34835000000.0000 | 79691000000.0000 |
| 2024 | 3409000000.0000 | 2763000000.0000 | 567000000.0000 | 35000000.0000 | 114089000000.0000 | 36660000000.0000 | 77429000000.0000 |
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 | 82.26 | 59.6600 | 4.75 | 5.9600 | -- | -- | 0.08 |
| 2000 | 83.86 | 69.5100 | 3.34 | 3.6200 | -- | -- | 0.05 |
| 2001 | 83.50 | 57.6200 | 2.72 | 2.8200 | -- | -- | 0.05 |
| 2002 | 80.87 | 56.4500 | 2.62 | 2.8100 | -- | -- | 0.05 |
| 2003 | 78.97 | 62.9500 | 2.79 | 2.8800 | -- | -- | 0.04 |
| 2004 | 77.54 | 64.4800 | 2.60 | 2.9600 | -- | -- | 0.04 |
| 2005 | 81.01 | 394.8300 | 15.23 | 16.7000 | -- | -- | 0.04 |
| 2006 | 81.07 | 290.0600 | 10.48 | 11.1400 | -- | -- | 0.03 |
| 2007 | 84.80 | 322.3700 | 11.89 | 12.4800 | -- | -- | 0.03 |
| 2008 | 86.75 | 68.9300 | 4.14 | 5.0700 | -- | -- | 0.04 |
| 2009 | 86.01 | 146.7300 | 7.34 | 7.8300 | -- | -- | 0.04 |
| 2010 | 85.83 | 218.7100 | 8.76 | 9.4500 | -- | -- | 0.04 |
| 2011 | 86.37 | 465.8200 | 15.51 | 17.5300 | -- | -- | 0.03 |
| 2012 | 82.98 | 415.3700 | 15.58 | 17.1300 | -- | -- | 0.04 |
| 2013 | 86.78 | 223.9600 | 9.42 | 9.7200 | -- | -- | 0.04 |
| 2014 | 87.47 | 167.0000 | 7.13 | 7.3100 | -- | -- | 0.04 |
| 2015 | 87.93 | 97.0000 | 4.53 | 4.2600 | -- | -- | 0.04 |
| 2016 | 87.89 | 44.5000 | 2.26 | 1.8000 | -- | -- | 0.04 |
| 2017 | 87.34 | 109.2700 | 4.99 | 5.2000 | -- | -- | 0.04 |
| 2018 | 86.56 | 167.4000 | 7.81 | 8.1100 | -- | -- | 0.04 |
| 2019 | 86.56 | 95.9400 | 5.73 | 6.2400 | -- | -- | 0.04 |
| 2020 | 86.79 | -59.8400 | -1.82 | -3.4600 | -- | -- | 0.03 |
| 2021 | 86.17 | 50.0600 | 1.93 | 1.8700 | -- | -- | 0.03 |
| 2022 | 83.61 | -23.9600 | -0.51 | -1.6500 | -- | -- | 0.03 |
| 2023 | 80.65 | -30.0300 | -0.64 | -1.3000 | -- | -- | 0.03 |
| 2024 | 81.05 | 19.0700 | 0.50 | 0.0500 | -- | -- | 0.03 |
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 | 25.66 | 74.34 | 0.34 | 0.34 |
| 2000 | 19.81 | 80.19 | 0.07 | 0.07 |
| 2001 | 22.34 | 77.66 | 0.04 | 0.04 |
| 2002 | 25.25 | 74.75 | 0.05 | 0.05 |
| 2003 | 26.44 | 73.56 | 0.09 | 0.09 |
| 2004 | 29.02 | 70.98 | 0.22 | 0.22 |
| 2005 | 24.53 | 75.47 | 3.30 | 3.30 |
| 2006 | 20.26 | 79.74 | 1.25 | 1.25 |
| 2007 | 19.67 | 80.33 | 1.19 | 1.19 |
| 2008 | 21.25 | 78.75 | 1.43 | 1.43 |
| 2009 | 12.06 | 87.94 | 2.11 | 2.11 |
| 2010 | 12.85 | 87.15 | 1.47 | 1.47 |
| 2011 | 14.53 | 85.47 | 1.37 | 1.37 |
| 2012 | 11.66 | 88.34 | 1.74 | 1.74 |
| 2013 | 13.03 | 86.97 | 2.26 | 2.26 |
| 2014 | 11.25 | 88.75 | 1.59 | 1.59 |
| 2015 | 9.42 | 90.58 | 2.34 | 2.34 |
| 2016 | 11.67 | 88.33 | 1.48 | 1.48 |
| 2017 | 11.10 | 88.90 | 1.93 | 1.93 |
| 2018 | 10.81 | 89.19 | 1.77 | 1.77 |
| 2019 | 16.56 | 83.44 | 3.94 | 3.94 |
| 2020 | 20.32 | 79.68 | 16.37 | 16.37 |
| 2021 | 25.12 | 74.88 | 4.91 | 4.91 |
| 2022 | 30.00 | 70.00 | 1.70 | 1.70 |
| 2023 | 30.42 | 69.58 | 2.35 | 2.35 |
| 2024 | 32.13 | 67.87 | 0.60 | 0.60 |
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 | 407150000.0000 | -- | 70680000.0000 | 526819000.0000 |
| 2000 | 238956000.0000 | -- | 89969000.0000 | 449020000.0000 |
| 2001 | 223598000.0000 | -- | 89956000.0000 | 314428000.0000 |
| 2002 | 235891000.0000 | -- | 85836000.0000 | 220553000.0000 |
| 2003 | 239626000.0000 | -- | 89992000.0000 | 168290000.0000 |
| 2004 | 259321000.0000 | -- | 95938000.0000 | 161650000.0000 |
| 2005 | 237351000.0000 | -- | 102889000.0000 | 214585000.0000 |
| 2006 | 240000000.0000 | -- | 111000000.0000 | 163000000.0000 |
| 2007 | 208000000.0000 | -- | 106000000.0000 | 175000000.0000 |
| 2008 | 217000000.0000 | -- | 134000000.0000 | 155000000.0000 |
| 2009 | 235000000.0000 | -- | 133000000.0000 | 131000000.0000 |
| 2010 | 250000000.0000 | -- | 140000000.0000 | 117000000.0000 |
| 2011 | 262000000.0000 | -- | 173000000.0000 | 122000000.0000 |
| 2012 | 423000000.0000 | -- | 187000000.0000 | 156000000.0000 |
| 2013 | 405000000.0000 | -- | 208000000.0000 | 242000000.0000 |
| 2014 | 404000000.0000 | -- | 214000000.0000 | 228000000.0000 |
| 2015 | 414000000.0000 | -- | 234000000.0000 | 204000000.0000 |
| 2016 | 428000000.0000 | -- | 219000000.0000 | 178000000.0000 |
| 2017 | 449000000.0000 | -- | 247000000.0000 | 158000000.0000 |
| 2018 | 523000000.0000 | -- | 227000000.0000 | 222000000.0000 |
| 2019 | 536000000.0000 | -- | 269000000.0000 | 313000000.0000 |
| 2020 | 490000000.0000 | -- | 268000000.0000 | 546000000.0000 |
| 2021 | 499000000.0000 | -- | 274000000.0000 | 393000000.0000 |
| 2022 | 567000000.0000 | -- | 332000000.0000 | 423000000.0000 |
| 2023 | 621000000.0000 | -- | 307000000.0000 | 478000000.0000 |
| 2024 | 646000000.0000 | -- | 308000000.0000 | 450000000.0000 |