中商官网
研究报告
弘海高新资源（HK0065）
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 | 25254000.0000 | 8465000.0000 | 3505000.0000 | 2236000.0000 | -- | -- | -- |
| 2000 | 41553000.0000 | 18934000.0000 | 11716000.0000 | 11716000.0000 | 33561000.0000 | 17176000.0000 | 16385000.0000 |
| 2001 | 18048000.0000 | 4103000.0000 | -11391000.0000 | -11391000.0000 | 47725000.0000 | 10362000.0000 | 37363000.0000 |
| 2002 | 23423000.0000 | 2892000.0000 | -40183000.0000 | -40183000.0000 | 21013000.0000 | 8078000.0000 | 12935000.0000 |
| 2003 | 23854000.0000 | 6189000.0000 | -10006000.0000 | -10006000.0000 | 18109000.0000 | 12335000.0000 | 5774000.0000 |
| 2004 | 33701000.0000 | 10478000.0000 | -4410000.0000 | -4410000.0000 | 18310000.0000 | 16946000.0000 | 1364000.0000 |
| 2005 | 7495000.0000 | 463000.0000 | -8948000.0000 | -8948000.0000 | 8121000.0000 | 15558000.0000 | -7437000.0000 |
| 2006 | 66771000.0000 | 13119000.0000 | 11512000.0000 | 10133000.0000 | 62664000.0000 | 41493000.0000 | 21171000.0000 |
| 2007 | 198244000.0000 | 41049000.0000 | 30735000.0000 | 36073000.0000 | 374313000.0000 | 13277000.0000 | 361036000.0000 |
| 2008 | 364150000.0000 | 91712000.0000 | 67942000.0000 | 50956000.0000 | 535397000.0000 | 47415000.0000 | 487982000.0000 |
| 2009 | 327259000.0000 | 75488000.0000 | 43379000.0000 | 32170000.0000 | 693676000.0000 | 137890000.0000 | 555786000.0000 |
| 2010 | 320430000.0000 | 56233000.0000 | 14187000.0000 | 21037000.0000 | 920504000.0000 | 311376000.0000 | 609128000.0000 |
| 2011 | 494496000.0000 | 68865000.0000 | -22401000.0000 | -2292000.0000 | 919531000.0000 | 311236000.0000 | 608295000.0000 |
| 2012 | 430506000.0000 | 76007000.0000 | -74486000.0000 | -25385000.0000 | 990277000.0000 | 394437000.0000 | 595840000.0000 |
| 2013 | 286149000.0000 | 44862000.0000 | -35376000.0000 | -35114000.0000 | 1017511000.0000 | 461943000.0000 | 555568000.0000 |
| 2014 | 342943000.0000 | 106332000.0000 | -89325000.0000 | -113109000.0000 | 906739000.0000 | 358284000.0000 | 548455000.0000 |
| 2015 | 240128000.0000 | 98175000.0000 | -114915000.0000 | -170849000.0000 | 723885000.0000 | 359801000.0000 | 364084000.0000 |
| 2016 | 264392000.0000 | 139499000.0000 | -95985000.0000 | -120278000.0000 | 472367000.0000 | 269479000.0000 | 202888000.0000 |
| 2017 | 111842000.0000 | 15723000.0000 | -49490000.0000 | -143604000.0000 | 420409000.0000 | 262458000.0000 | 157951000.0000 |
| 2018 | 194109000.0000 | 73533000.0000 | -30361000.0000 | -18933000.0000 | 368498000.0000 | 165159000.0000 | 203339000.0000 |
| 2019 | 178301000.0000 | 78657000.0000 | -3275000.0000 | -10629000.0000 | 320076000.0000 | 83818000.0000 | 236258000.0000 |
| 2020 | 133012000.0000 | 48339000.0000 | -67321000.0000 | -42505000.0000 | 263299000.0000 | 78623000.0000 | 184676000.0000 |
| 2021 | 183016000.0000 | 73865000.0000 | 31590000.0000 | 14372000.0000 | 259999000.0000 | 81224000.0000 | 178775000.0000 |
| 2022 | 191180000.0000 | 81166000.0000 | 32902000.0000 | 10237000.0000 | 305350000.0000 | 111940000.0000 | 193410000.0000 |
| 2023 | 187960000.0000 | 65211000.0000 | -32836000.0000 | -23734000.0000 | 307225000.0000 | 109737000.0000 | 197488000.0000 |
| 2024 | 180934000.0000 | 67469000.0000 | -66841000.0000 | -50768000.0000 | 284673000.0000 | 96423000.0000 | 188250000.0000 |
| 2025 | 161552000.0000 | 64928000.0000 | -76503000.0000 | -50966000.0000 | 233026000.0000 | 96311000.0000 | 136715000.0000 |
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 | 33.52 | 13.8800 | -- | -- | -- | -- | -- |
| 2000 | 45.57 | 28.2000 | 34.91 | 71.5000 | -- | -- | 1.24 |
| 2001 | 22.73 | -63.1200 | -23.87 | -30.4900 | -- | -- | 0.38 |
| 2002 | 12.35 | -163.3900 | -191.23 | -310.6500 | -- | -- | 1.11 |
| 2003 | 25.95 | -37.1000 | -55.25 | -173.2900 | -- | -- | 1.32 |
| 2004 | 31.09 | -8.8300 | -24.09 | -323.3100 | -- | -- | 1.84 |
| 2005 | 6.18 | -117.6300 | -110.18 | 120.3200 | -- | -- | 0.92 |
| 2006 | 19.65 | 17.2400 | 18.37 | 47.8600 | 3.07 | -- | 1.07 |
| 2007 | 20.71 | 15.5000 | 8.21 | 10.7000 | 6.42 | -- | 0.53 |
| 2008 | 25.19 | 18.6600 | 12.69 | 12.8000 | 6.45 | -- | 0.68 |
| 2009 | 23.07 | 13.2600 | 6.25 | 7.7700 | 6.43 | -- | 0.47 |
| 2010 | 17.55 | 4.4300 | 1.54 | 4.7800 | 4.35 | -- | 0.35 |
| 2011 | 13.93 | -4.5300 | -2.44 | -0.5100 | 5.63 | -- | 0.54 |
| 2012 | 17.66 | -17.3000 | -7.52 | -5.3300 | 5.24 | -- | 0.43 |
| 2013 | 15.68 | -12.3600 | -3.48 | -7.5100 | 5.25 | -- | 0.28 |
| 2014 | 31.01 | -26.0500 | -9.85 | -24.6500 | 7.86 | -- | 0.38 |
| 2015 | 40.88 | -47.8600 | -15.87 | -54.9200 | 8.01 | -- | 0.33 |
| 2016 | 52.76 | -36.3000 | -20.32 | -76.3000 | 16.90 | -- | 0.56 |
| 2017 | 14.06 | -44.2500 | -11.77 | -113.5300 | 3.87 | -- | 0.27 |
| 2018 | 37.88 | -15.6400 | -8.24 | -12.3300 | 19.29 | -- | 0.53 |
| 2019 | 44.11 | -1.8400 | -1.02 | -7.4900 | 19.84 | -- | 0.56 |
| 2020 | 36.34 | -50.6100 | -25.57 | -40.2900 | 14.68 | -- | 0.51 |
| 2021 | 40.36 | 17.2600 | 12.15 | 12.0600 | 15.12 | -- | 0.70 |
| 2022 | 42.46 | 17.2100 | 10.78 | 8.3100 | 8.09 | -- | 0.63 |
| 2023 | 34.69 | -17.4700 | -10.69 | -17.1200 | 27.07 | -- | 0.61 |
| 2024 | 37.29 | -36.0200 | -23.48 | -35.2200 | 30.37 | -- | 0.64 |
| 2025 | 40.19 | -46.2100 | -32.83 | -46.5400 | 23.34 | -- | 0.69 |
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 |
| 1999 | -- | -- | -- | -- |
| 2000 | 51.18 | 48.82 | 1.82 | 1.82 |
| 2001 | 21.71 | 78.29 | 3.78 | 3.78 |
| 2002 | 38.44 | 61.56 | 1.70 | 1.70 |
| 2003 | 68.12 | 31.88 | 0.82 | 0.82 |
| 2004 | 92.55 | 7.45 | 1.28 | 1.28 |
| 2005 | 191.58 | -91.58 | 0.44 | 0.44 |
| 2006 | 66.22 | 33.78 | 0.89 | 0.44 |
| 2007 | 3.55 | 96.45 | 19.53 | 17.69 |
| 2008 | 8.86 | 91.14 | 6.66 | 5.72 |
| 2009 | 19.88 | 80.12 | 2.08 | 1.78 |
| 2010 | 33.83 | 66.17 | 1.26 | 1.04 |
| 2011 | 33.85 | 66.15 | 1.10 | 0.80 |
| 2012 | 39.83 | 60.17 | 0.91 | 0.69 |
| 2013 | 45.40 | 54.60 | 0.89 | 0.71 |
| 2014 | 39.51 | 60.49 | 0.81 | 0.69 |
| 2015 | 49.70 | 50.30 | 0.53 | 0.47 |
| 2016 | 57.05 | 42.95 | 0.60 | 0.56 |
| 2017 | 62.43 | 37.57 | 0.80 | 0.67 |
| 2018 | 44.82 | 55.18 | 1.32 | 1.28 |
| 2019 | 26.19 | 73.81 | 2.47 | 2.39 |
| 2020 | 29.86 | 70.14 | 2.08 | 1.98 |
| 2021 | 31.24 | 68.76 | 1.79 | 1.67 |
| 2022 | 36.66 | 63.34 | 1.52 | 1.37 |
| 2023 | 35.72 | 64.28 | 1.56 | 1.51 |
| 2024 | 33.87 | 66.13 | 1.52 | 1.47 |
| 2025 | 41.33 | 58.67 | 1.45 | 1.39 |
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 | 16789000.0000 | -- | 3611000.0000 | -- |
| 2000 | 22619000.0000 | -- | 5928000.0000 | -- |
| 2001 | 13945000.0000 | -- | 11368000.0000 | -- |
| 2002 | 20531000.0000 | -- | 10411000.0000 | -- |
| 2003 | 17665000.0000 | -- | 7860000.0000 | -- |
| 2004 | 23223000.0000 | -- | 6194000.0000 | 138000.0000 |
| 2005 | 7032000.0000 | -- | 5268000.0000 | 180000.0000 |
| 2006 | 53652000.0000 | -- | 5129000.0000 | 536000.0000 |
| 2007 | 157195000.0000 | -- | 12108000.0000 | 579000.0000 |
| 2008 | 272438000.0000 | -- | 21935000.0000 | 344000.0000 |
| 2009 | 251771000.0000 | -- | 28457000.0000 | 2524000.0000 |
| 2010 | 264197000.0000 | -- | 37670000.0000 | 4557000.0000 |
| 2011 | 425631000.0000 | -- | 60260000.0000 | 11125000.0000 |
| 2012 | 354499000.0000 | -- | 66104000.0000 | 7444000.0000 |
| 2013 | 241287000.0000 | -- | 67192000.0000 | 4797000.0000 |
| 2014 | 236611000.0000 | -- | 78585000.0000 | 11866000.0000 |
| 2015 | 141953000.0000 | -- | 93389000.0000 | 4451000.0000 |
| 2016 | 124893000.0000 | -- | 67463000.0000 | 2180000.0000 |
| 2017 | 96119000.0000 | -- | 48502000.0000 | 715000.0000 |
| 2018 | 120576000.0000 | -- | 53876000.0000 | 717000.0000 |
| 2019 | 99644000.0000 | -- | 62985000.0000 | 630000.0000 |
| 2020 | 84673000.0000 | -- | 82983000.0000 | 128000.0000 |
| 2021 | 109151000.0000 | -- | 74323000.0000 | 38000.0000 |
| 2022 | 110014000.0000 | -- | 72160000.0000 | 1170000.0000 |
| 2023 | 122749000.0000 | -- | 72986000.0000 | 827000.0000 |
| 2024 | 113465000.0000 | -- | 103811000.0000 | 36000.0000 |
| 2025 | 96624000.0000 | -- | 85790000.0000 | 66000.0000 |