中商官网
研究报告
德昌电机控股（HK0179）
主要经济指标
| 类别\年份 | 营业额 （美元) |
营业额同比 （%) |
营业利润 （美元) |
营业利润同比 （%) |
利润总额 （美元) |
利润总额同比 （%) |
净利润 （美元) |
净利润同比 （%) |
| 202309 | 1937056000.0000 | 9.44 | 429579000.0000 | 21.17 | 143613000.0000 | 135.05 | 120149000.0000 | 115.00 |
| 202303 | 3646119000.0000 | 5.81 | 715911000.0000 | 2.00 | 181035000.0000 | 6.42 | 157805000.0000 | 7.83 |
| 202209 | 1769899000.0000 | 5.72 | 354522000.0000 | -0.80 | 61098000.0000 | -43.56 | 55884000.0000 | -40.03 |
| 202203 | 3446055000.0000 | 9.18 | 701907000.0000 | -2.96 | 170112000.0000 | -31.51 | 146352000.0000 | -30.98 |
| 202109 | 1674071000.0000 | 25.84 | 357365000.0000 | 19.27 | 108250000.0000 | -7.43 | 93179000.0000 | -7.55 |
| 202103 | 3156163000.0000 | 2.79 | 723294000.0000 | 7.59 | 248381000.0000 | -152.66 | 212035000.0000 | -142.95 |
| 202009 | 1330330000.0000 | -15.00 | 299634000.0000 | -16.04 | 116942000.0000 | -35.92 | 100785000.0000 | -37.80 |
| 202003 | 3070485000.0000 | -6.40 | 672263000.0000 | -10.54 | -471703000.0000 | -243.85 | -493657000.0000 | -275.47 |
| 201909 | 1565010000.0000 | -6.72 | 356880000.0000 | -10.44 | 182501000.0000 | 11.92 | 162045000.0000 | 15.57 |
| 201903 | 3280381000.0000 | 1.35 | 751446000.0000 | -5.03 | 327915000.0000 | 1.58 | 281329000.0000 | 6.55 |
| 201809 | 1677718000.0000 | 9.48 | 398486000.0000 | 4.32 | 163068000.0000 | -1.22 | 140215000.0000 | -0.18 |
| 201803 | 3236560000.0000 | 16.59 | 791232000.0000 | 5.81 | 322814000.0000 | 11.20 | 264047000.0000 | 10.98 |
| 201709 | 1532445000.0000 | 12.12 | 381991000.0000 | 4.26 | 165090000.0000 | 14.49 | 140463000.0000 | 16.30 |
| 201703 | 2776101000.0000 | 24.16 | 747767000.0000 | 26.85 | 290312000.0000 | 40.49 | 237920000.0000 | 37.80 |
| 201609 | 1366774000.0000 | 33.69 | 366400000.0000 | 29.78 | 144194000.0000 | 25.23 | 120776000.0000 | 23.44 |
| 201603 | 2235945000.0000 | 4.68 | 589512000.0000 | -6.78 | 206636000.0000 | -17.03 | 172660000.0000 | -18.13 |
| 201509 | 1022370000.0000 | -5.30 | 282320000.0000 | -13.40 | 115143000.0000 | -10.47 | 97840000.0000 | -10.50 |
| 201503 | 2136052000.0000 | 1.83 | 632405000.0000 | 2.18 | 249061000.0000 | 2.50 | 210894000.0000 | 1.46 |
| 201409 | 1079565000.0000 | 4.28 | 326019000.0000 | 6.33 | 128614000.0000 | -0.66 | 109317000.0000 | -0.67 |
| 201403 | 2097618000.0000 | 1.84 | 618907000.0000 | 7.13 | 242994000.0000 | 11.46 | 207865000.0000 | 8.65 |
| 201309 | 1035239000.0000 | -0.71 | 306616000.0000 | 3.46 | 129468000.0000 | 26.30 | 110058000.0000 | 28.97 |
| 201303 | 2059689000.0000 | -3.79 | 577714000.0000 | -1.16 | 218005000.0000 | -1.14 | 191321000.0000 | 2.48 |
| 201209 | 1042664000.0000 | -6.74 | 296373000.0000 | -2.39 | 102507000.0000 | -12.85 | 85334000.0000 | -16.03 |
| 201203 | 2140803000.0000 | 1.75 | 584466000.0000 | 0.83 | 220509000.0000 | -2.61 | 186700000.0000 | 2.74 |
| 201109 | 1118067000.0000 | 8.48 | 303615000.0000 | 2.60 | 117628000.0000 | -2.07 | 101626000.0000 | 9.41 |
| 201103 | 2104029000.0000 | 20.85 | 579659000.0000 | 20.39 | 226407000.0000 | 118.19 | 181728000.0000 | 136.09 |
| 201009 | 1030641000.0000 | 26.97 | 295922000.0000 | 37.03 | 120119000.0000 | 304.24 | 92883000.0000 | 535.49 |
| 201003 | 1740976000.0000 | -4.77 | 481487000.0000 | 13.11 | 103764000.0000 | 177.49 | 76973000.0000 | 2870.78 |
| 200909 | 811715000.0000 | -28.17 | 215962000.0000 | -26.29 | 29715000.0000 | -66.75 | 14616000.0000 | -67.88 |
| 200903 | 1828165000.0000 | -17.68 | 425697000.0000 | -24.57 | 37394000.0000 | -78.03 | 2591000.0000 | -98.02 |
| 200809 | 1130119000.0000 | 3.28 | 292974000.0000 | 3.16 | 89361000.0000 | -15.82 | 45503000.0000 | -42.97 |
| 200803 | 2220792000.0000 | 6.43 | 564340000.0000 | 10.17 | 170188000.0000 | 25.20 | 130849000.0000 | 19.28 |
| 200709 | 1094176000.0000 | 3.98 | 283996000.0000 | 2.20 | 106150000.0000 | 30.66 | 79792000.0000 | 23.24 |
| 200703 | 2086628000.0000 | 36.71 | 512227000.0000 | 35.84 | 135935000.0000 | 16.93 | 109696000.0000 | 16.71 |
| 200609 | 1052324000.0000 | 68.00 | 277878000.0000 | 75.36 | 81240000.0000 | 28.49 | 64746000.0000 | 22.49 |
| 200603 | 1526328000.0000 | 33.45 | 377093000.0000 | 8.31 | 116251000.0000 | -25.69 | 93990000.0000 | -33.45 |
| 200509 | 626393000.0000 | 8.68 | 158460000.0000 | -11.29 | 63229000.0000 | -19.61 | 52857000.0000 | -23.70 |
| 200503 | 1143783000.0000 | 8.86 | 348158000.0000 | 11.06 | 156446000.0000 | 16.29 | 141229000.0000 | 21.15 |
| 200409 | 576364000.0000 | 13.41 | 178634000.0000 | 12.85 | 78656000.0000 | -12.95 | 69275000.0000 | -15.04 |
| 200403 | 1050707000.0000 | 9.98 | 313492000.0000 | 0.90 | 134533000.0000 | -22.77 | 116577000.0000 | -21.98 |
| 200309 | 508199000.0000 | 5.27 | 158288000.0000 | 0.46 | 90356000.0000 | -3.54 | 81541000.0000 | 1.37 |
| 200303 | 955339000.0000 | 23.48 | 310698000.0000 | 27.58 | 174202000.0000 | 38.33 | 149412000.0000 | 34.81 |
| 200209 | 482769000.0000 | 29.94 | 157561000.0000 | 27.84 | 93676000.0000 | 37.61 | 80437000.0000 | 33.93 |
| 200203 | 773660000.0000 | -2.09 | 243535000.0000 | -6.38 | 125936000.0000 | -7.52 | 110832000.0000 | -23.76 |
| 200109 | 371523000.0000 | -5.99 | 123244000.0000 | -8.95 | 68075000.0000 | -21.82 | 60057000.0000 | -25.17 |
| 200103 | 790190000.0000 | 16.69 | 260120000.0000 | 10.52 | 136171000.0000 | -12.30 | 145368000.0000 | 7.24 |
| 200009 | 395206000.0000 | -- | 135366000.0000 | -- | 87080000.0000 | -- | 80262000.0000 | -- |
| 200003 | 677144000.0000 | -- | 235351000.0000 | -- | 155268000.0000 | -- | 135558000.0000 | -- |
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) |
| 202309 | 22.18 | -- | 3.59 | 4.91 | 2.47 | -- | 0.48 |
| 202303 | 19.63 | -- | 4.41 | 6.45 | 4.97 | -- | 0.89 |
| 202209 | 20.03 | -- | 1.51 | 2.44 | 2.11 | -- | 0.44 |
| 202203 | 20.37 | -- | 3.92 | 6.06 | 4.24 | -- | 0.79 |
| 202109 | 21.35 | -- | 2.54 | 4.04 | 2.01 | -- | 0.39 |
| 202103 | 22.92 | -- | 6.18 | 9.53 | 4.73 | -- | 0.79 |
| 202009 | 22.52 | -- | 3.21 | 5.09 | 2.41 | -- | 0.37 |
| 202003 | 21.89 | -- | -13.63 | -27 | 5.79 | -- | 0.89 |
| 201909 | 22.80 | -- | 4.24 | 6.36 | 2.88 | -- | 0.36 |
| 201903 | 22.91 | -- | 7.67 | 11.31 | 6.36 | -- | 0.77 |
| 201809 | 23.75 | -- | 4.06 | 6.19 | 2.97 | -- | 0.42 |
| 201803 | 24.45 | -- | 8.07 | 11.49 | 6.10 | -- | 0.81 |
| 201709 | 24.93 | -- | 4.43 | 6.61 | 3.00 | -- | 0.41 |
| 201703 | 26.94 | -- | 8.62 | 11.94 | 6.48 | -- | 0.82 |
| 201609 | 26.81 | -- | 4.39 | 6.37 | 3.40 | -- | 0.42 |
| 201603 | 26.37 | -- | 6.56 | 9.37 | 6.08 | -- | 0.71 |
| 201509 | 27.61 | -- | 4.15 | 5.45 | 3.23 | -- | 0.37 |
| 201503 | 29.61 | -- | 8.75 | 11.32 | 6.77 | -- | 0.75 |
| 201409 | 30.20 | -- | 4.78 | 6.22 | 3.27 | -- | 0.40 |
| 201403 | 29.51 | -- | 9.72 | 12 | 7.14 | -- | 0.84 |
| 201309 | 29.62 | -- | 5.45 | 6.65 | 3.37 | -- | 0.44 |
| 201303 | 28.05 | -- | 9.72 | 12.2 | 7.12 | -- | 0.92 |
| 201209 | 28.42 | -- | 4.57 | 5.79 | 3.09 | -- | 0.46 |
| 201203 | 27.30 | -- | 9.67 | 12.77 | 6.48 | -- | 0.94 |
| 201109 | 27.16 | -- | 5.19 | 7.34 | 3.23 | -- | 0.49 |
| 201103 | 27.55 | -- | 9.67 | 13.34 | 6.03 | -- | 0.90 |
| 201009 | 28.71 | -- | 5.23 | 7.58 | 3.01 | -- | 0.45 |
| 201003 | 27.66 | -- | 4.87 | 6.86 | 6.41 | -- | 0.82 |
| 200909 | 26.61 | -- | 1.35 | 1.38 | 3.06 | -- | 0.37 |
| 200903 | 23.29 | -- | 1.92 | 0.27 | 6.92 | -- | 0.94 |
| 200809 | 25.92 | -- | 3.99 | 4.32 | 2.85 | -- | 0.50 |
| 200803 | 25.41 | -- | 7.23 | 11.87 | 6.14 | -- | 0.94 |
| 200709 | 25.96 | -- | 4.93 | 7.86 | 2.82 | -- | 0.51 |
| 200703 | 24.55 | -- | 6.73 | 11.66 | 6.27 | -- | 1.03 |
| 200609 | 26.41 | -- | 3.95 | 7.24 | 2.63 | -- | 0.51 |
| 200603 | 24.71 | -- | 5.77 | 11.12 | 4.92 | -- | 0.76 |
| 200509 | 25.30 | -- | 5.89 | 6.46 | 2.76 | -- | 0.58 |
| 200503 | 30.44 | -- | 14.73 | 17.26 | 4.95 | -- | 1.08 |
| 200409 | 30.99 | -- | 7.76 | 9.09 | 2.87 | -- | 0.57 |
| 200403 | 29.84 | -- | 14.12 | 15.88 | 6.35 | -- | 1.10 |
| 200309 | 31.15 | -- | 9.54 | 11.46 | 2.47 | -- | 0.54 |
| 200303 | 32.52 | -- | 19.84 | 22.45 | 4.94 | -- | 1.09 |
| 200209 | 32.64 | -- | 10.96 | 13.13 | 2.56 | -- | 0.57 |
| 200203 | 31.48 | -- | 16.81 | 19.93 | 5.99 | -- | 1.03 |
| 200109 | 33.17 | -- | 9.54 | 11.33 | 2.51 | -- | 0.52 |
| 200103 | 32.92 | -- | 20.04 | 28.98 | 6.24 | -- | 1.16 |
| 200009 | 34.25 | -- | -- | -- | -- | -- | -- |
| 200003 | 34.76 | -- | 26.48 | 35.2 | 6.17 | -- | 1.15 |
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 |
| 202309 | 37.59 | 62.41 | -- | -- |
| 202303 | 39.16 | 60.84 | -- | -- |
| 202209 | 42.27 | 57.73 | -- | -- |
| 202203 | 42.34 | 57.66 | -- | -- |
| 202109 | 43.96 | 56.04 | -- | -- |
| 202103 | 42.56 | 57.44 | -- | -- |
| 202009 | 43.47 | 56.53 | -- | -- |
| 202003 | 45.04 | 54.96 | -- | -- |
| 201909 | 39.20 | 60.80 | -- | -- |
| 201903 | 40.19 | 59.81 | -- | -- |
| 201809 | 41.93 | 58.07 | -- | -- |
| 201803 | 40.89 | 59.11 | -- | -- |
| 201709 | 41.18 | 58.82 | -- | -- |
| 201703 | 39.89 | 60.11 | -- | -- |
| 201609 | 41.18 | 58.82 | -- | -- |
| 201603 | 40.16 | 59.84 | -- | -- |
| 201509 | 33.80 | 66.20 | -- | -- |
| 201503 | 33.25 | 66.75 | -- | -- |
| 201409 | 33.17 | 66.83 | -- | -- |
| 201403 | 29.37 | 70.63 | -- | -- |
| 201309 | 28.91 | 71.09 | -- | -- |
| 201303 | 28.75 | 71.25 | -- | -- |
| 201209 | 33.15 | 66.85 | -- | -- |
| 201203 | 34.76 | 65.24 | -- | -- |
| 201109 | 37.90 | 62.10 | -- | -- |
| 201103 | 39.28 | 60.72 | -- | -- |
| 201009 | 44.30 | 55.70 | -- | -- |
| 201003 | 44.94 | 55.06 | -- | -- |
| 200909 | 49.71 | 50.29 | -- | -- |
| 200903 | 48.81 | 51.19 | -- | -- |
| 200809 | 51.49 | 48.51 | -- | -- |
| 200803 | 51.89 | 48.11 | -- | -- |
| 200709 | 51.46 | 48.54 | -- | -- |
| 200703 | 52.32 | 47.68 | -- | -- |
| 200609 | 55.32 | 44.68 | -- | -- |
| 200603 | 57.51 | 42.49 | -- | -- |
| 200509 | 22.90 | 77.10 | -- | -- |
| 200503 | 22.83 | 77.17 | -- | -- |
| 200409 | 24.85 | 75.15 | -- | -- |
| 200403 | 22.97 | 77.03 | -- | -- |
| 200309 | 24.88 | 75.12 | -- | -- |
| 200303 | 24.18 | 75.82 | -- | -- |
| 200209 | 28.31 | 71.69 | -- | -- |
| 200203 | 25.76 | 74.24 | -- | -- |
| 200109 | 25.74 | 74.26 | -- | -- |
| 200103 | 26.18 | 73.82 | -- | -- |
| 200009 | -- | -- | -- | -- |
| 200003 | 34.31 | 65.69 | -- | -- |
成本费用分析
| 类别\年份 | 销售成本 （美元) |
销售费用 （美元) |
管理费用 （美元) |
财务费用 （美元) |
| 202309 | 1507477000.0000 | -- | 210661000.0000 | 6905000.0000 |
| 202303 | 2930208000.0000 | -- | 411309000.0000 | 16072000.0000 |
| 202209 | 1415377000.0000 | -- | 201528000.0000 | 7289000.0000 |
| 202203 | 2744148000.0000 | -- | 406125000.0000 | 17126000.0000 |
| 202109 | 1316706000.0000 | -- | -- | 8726000.0000 |
| 202103 | 2432869000.0000 | -- | 353844000.0000 | 10429000.0000 |
| 202009 | 1030696000.0000 | -- | -- | 4873000.0000 |
| 202003 | 2398222000.0000 | -- | 344164000.0000 | 16835000.0000 |
| 201909 | 1208130000.0000 | -- | -- | 9074000.0000 |
| 201903 | 2528935000.0000 | -- | 375085000.0000 | 16455000.0000 |
| 201809 | 1279232000.0000 | -- | -- | 8455000.0000 |
| 201803 | 2445328000.0000 | -- | 364673000.0000 | 13531000.0000 |
| 201709 | 1150454000.0000 | -- | 173320000.0000 | 6332000.0000 |
| 201703 | 2028334000.0000 | -- | 371220000.0000 | 9958000.0000 |
| 201609 | 1000374000.0000 | -- | 181373000.0000 | 5526000.0000 |
| 201603 | 1646433000.0000 | -- | 312503000.0000 | 3180000.0000 |
| 201509 | 740050000.0000 | -- | 135843000.0000 | 266000.0000 |
| 201503 | 1503647000.0000 | -- | 306606000.0000 | -5546000.0000 |
| 201409 | 753546000.0000 | -- | 157111000.0000 | -3202000.0000 |
| 201403 | 1478711000.0000 | -- | 298808000.0000 | -9097000.0000 |
| 201309 | 728623000.0000 | -- | 136740000.0000 | -3840000.0000 |
| 201303 | 1481975000.0000 | -- | 279455000.0000 | -4766000.0000 |
| 201209 | 746291000.0000 | -- | 141613000.0000 | -2378000.0000 |
| 201203 | 1556337000.0000 | -- | 269191000.0000 | 1064000.0000 |
| 201109 | 814452000.0000 | -- | 130650000.0000 | 1275000.0000 |
| 201103 | 1524370000.0000 | -- | 246210000.0000 | 9404000.0000 |
| 201009 | 734719000.0000 | -- | 115737000.0000 | 3957000.0000 |
| 201003 | 1259489000.0000 | -- | 280946000.0000 | 6757000.0000 |
| 200909 | 595753000.0000 | -- | 137532000.0000 | 3070000.0000 |
| 200903 | 1402468000.0000 | -- | 254201000.0000 | 9603000.0000 |
| 200809 | 837145000.0000 | -- | 143438000.0000 | 6480000.0000 |
| 200803 | 1656452000.0000 | -- | 257384000.0000 | 18745000.0000 |
| 200709 | 810180000.0000 | -- | 114741000.0000 | 9764000.0000 |
| 200703 | 1574401000.0000 | -- | 223232000.0000 | 21523000.0000 |
| 200609 | 774446000.0000 | -- | 119461000.0000 | 10730000.0000 |
| 200603 | 1149235000.0000 | -- | 171195000.0000 | 7618000.0000 |
| 200509 | 467933000.0000 | -- | 66199000.0000 | 38000.0000 |
| 200503 | 795625000.0000 | -- | 132659000.0000 | 308000.0000 |
| 200409 | 397730000.0000 | -- | 70472000.0000 | 133000.0000 |
| 200403 | 737215000.0000 | -- | 129947000.0000 | 233000.0000 |
| 200309 | 349911000.0000 | -- | 51591000.0000 | 160000.0000 |
| 200303 | 644641000.0000 | -- | 94414000.0000 | 883000.0000 |
| 200209 | 325208000.0000 | -- | 44381000.0000 | 269000.0000 |
| 200203 | 530125000.0000 | -- | 90784000.0000 | 365000.0000 |
| 200109 | 248279000.0000 | -- | 40678000.0000 | 245000.0000 |
| 200103 | 530070000.0000 | -- | 105311000.0000 | 464000.0000 |
| 200009 | 259840000.0000 | -- | 36569000.0000 | 259000.0000 |
| 200003 | 441793000.0000 | -- | 62253000.0000 | 2062000.0000 |