中商官网
研究报告
宏华集团（HK0196）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业额同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 202306 | 2494437000.0000 | 65.28 | 152202000.0000 | -313.85 | -167149000.0000 | -70.34 | -154192000.0000 | -70.54 |
| 202212 | 4476104000.0000 | 52.42 | 459893000.0000 | 26.69 | -624783000.0000 | -16.18 | -634418000.0000 | -11.54 |
| 202206 | 1509177000.0000 | -2.73 | -71172000.0000 | -122.35 | -563538000.0000 | 686.25 | -523382000.0000 | 617.30 |
| 202112 | 2936604000.0000 | -25.31 | 363004000.0000 | -69.25 | -745344000.0000 | -965.77 | -717191000.0000 | -1544.20 |
| 202106 | 1551538000.0000 | -14.14 | 318471000.0000 | -47.61 | -71674000.0000 | -237.72 | -72966000.0000 | -334.16 |
| 202012 | 3931492000.0000 | -11.17 | 1180365000.0000 | -10.30 | 86090000.0000 | -48.22 | 49660000.0000 | -53.79 |
| 202006 | 1807058000.0000 | -11.79 | 607887000.0000 | 9.13 | 52042000.0000 | -50.65 | 31161000.0000 | -48.76 |
| 201912 | 4425686000.0000 | 5.12 | 1315834000.0000 | 21.02 | 166265000.0000 | 47.18 | 107472000.0000 | 30.61 |
| 201906 | 2048478000.0000 | 78.64 | 557027000.0000 | 198.95 | 105450000.0000 | -196.55 | 60812000.0000 | -151.36 |
| 201812 | 4210161000.0000 | 93.49 | 1087271000.0000 | 71.20 | 112965000.0000 | -132.60 | 82287000.0000 | -106.64 |
| 201806 | 1146723000.0000 | 63.58 | 186330000.0000 | 122.00 | -109218000.0000 | -71.28 | -118414000.0000 | -69.71 |
| 201712 | 2175856000.0000 | 1.32 | 635093000.0000 | 77.46 | -346545000.0000 | -36.17 | -1239368000.0000 | 103.28 |
| 201706 | 701006000.0000 | -45.91 | 83933000.0000 | -58.76 | -380270000.0000 | 53.40 | -390908000.0000 | 55.81 |
| 201612 | 2147592000.0000 | -49.10 | 357876000.0000 | -62.19 | -542899000.0000 | 79.94 | -609689000.0000 | 141.74 |
| 201606 | 1295927000.0000 | -41.86 | 203504000.0000 | -61.49 | -247890000.0000 | 557.62 | -250894000.0000 | 739.84 |
| 201512 | 4219253000.0000 | -45.99 | 946537000.0000 | -41.91 | -301719000.0000 | -343.98 | -252207000.0000 | -374.77 |
| 201506 | 2228807000.0000 | -41.94 | 528382000.0000 | -40.26 | -37695000.0000 | -114.00 | -29874000.0000 | -114.96 |
| 201412 | 7812537000.0000 | -2.91 | 1629543000.0000 | -14.48 | 123666000.0000 | -82.36 | 91787000.0000 | -82.93 |
| 201406 | 3838879000.0000 | 54.40 | 884538000.0000 | 10.59 | 269200000.0000 | -12.05 | 199745000.0000 | -16.55 |
| 201312 | 8047108000.0000 | 58.77 | 1905465000.0000 | 9.07 | 701000000.0000 | -1.19 | 537617000.0000 | 1.54 |
| 201306 | 2486357000.0000 | 26.25 | 799823000.0000 | 7.93 | 306099000.0000 | 10.04 | 239346000.0000 | 14.16 |
| 201212 | 5068447000.0000 | 45.43 | 1747007000.0000 | 80.08 | 709458000.0000 | 256.13 | 529458000.0000 | 215.18 |
| 201206 | 1969330000.0000 | 52.04 | 741030000.0000 | 124.54 | 278159000.0000 | 269.46 | 209660000.0000 | 297.28 |
| 201112 | 3485046000.0000 | 85.58 | 970104000.0000 | 154.97 | 199212000.0000 | -212.90 | 167984000.0000 | -191.21 |
| 201106 | 1295290000.0000 | 88.93 | 330025000.0000 | 104.14 | 75287000.0000 | -174.28 | 52774000.0000 | -158.99 |
| 201012 | 1877931000.0000 | -4.26 | 380478000.0000 | -26.47 | -176443000.0000 | 35.90 | -184165000.0000 | 43.92 |
| 201006 | 685596000.0000 | -42.70 | 161667000.0000 | -49.63 | -101350000.0000 | -217.23 | -89458000.0000 | -255.34 |
| 200912 | 1961517000.0000 | -58.60 | 517436000.0000 | -61.84 | -129837000.0000 | -119.81 | -127963000.0000 | -124.99 |
| 200906 | 1196503000.0000 | -20.38 | 320942000.0000 | -27.98 | 86452000.0000 | -42.70 | 57589000.0000 | -54.27 |
| 200812 | 4737532000.0000 | 49.73 | 1355802000.0000 | 25.52 | 655506000.0000 | -4.24 | 511974000.0000 | -12.22 |
| 200806 | 1502861000.0000 | 22.98 | 445643000.0000 | 11.91 | 150873000.0000 | -42.47 | 125945000.0000 | -32.25 |
| 200712 | 3164022000.0000 | 35.45 | 1080134000.0000 | 38.87 | 684516000.0000 | 20.70 | 583235000.0000 | 41.28 |
| 200708 | 1518647000.0000 | 80.18 | 499537000.0000 | 104.37 | 293053000.0000 | 82.91 | 201095000.0000 | 201.95 |
| 200706 | 1222056000.0000 | -- | 398218000.0000 | -- | 262272000.0000 | -- | 185891000.0000 | -- |
| 200612 | 2335948000.0000 | 365.73 | 777827000.0000 | 616.38 | 567113000.0000 | 1218.74 | 412814000.0000 | 2136.99 |
| 200608 | 842830000.0000 | -- | 244425000.0000 | -- | 160216000.0000 | -- | 66599000.0000 | -- |
| 200512 | 501570000.0000 | -6.99 | 108577000.0000 | 9.41 | 43004000.0000 | -15.02 | 18454000.0000 | -42.63 |
| 200412 | 539265000.0000 | -- | 99237000.0000 | -- | 50604000.0000 | -- | 32168000.0000 | -- |
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) |
| 202306 | 6.10 | -- | -1.27 | -5.48 | 1.34 | -- | 0.19 |
| 202212 | 10.27 | -- | -5.07 | -21.41 | 2.69 | -- | 0.36 |
| 202206 | -4.72 | -- | -5.01 | -17.34 | 0.86 | -- | 0.13 |
| 202112 | 12.36 | -- | -6.34 | -20.27 | 1.52 | -- | 0.25 |
| 202106 | 20.53 | -- | -0.57 | -1.74 | 0.77 | -- | 0.12 |
| 202012 | 30.02 | -- | 0.72 | 1.16 | 2.04 | -- | 0.33 |
| 202006 | 33.64 | -- | 0.42 | 0.72 | 0.96 | -- | 0.15 |
| 201912 | 29.73 | -- | 1.41 | 2.52 | 2.45 | -- | 0.38 |
| 201906 | 27.19 | -- | 0.94 | 1.45 | 0.95 | -- | 0.18 |
| 201812 | 25.82 | -- | 1.09 | 1.99 | 2.00 | -- | 0.41 |
| 201806 | 16.25 | -- | -1.03 | -3.01 | 0.43 | -- | 0.11 |
| 201712 | 29.19 | -- | -3.44 | -30.9 | 0.85 | -- | 0.22 |
| 201706 | 11.97 | -- | -3.26 | -7.92 | 0.30 | -- | 0.06 |
| 201612 | 16.66 | -- | -4.82 | -15.64 | 0.85 | -- | 0.19 |
| 201606 | 15.70 | -- | -2.02 | -5.82 | 0.46 | -- | 0.11 |
| 201512 | 22.43 | -- | -2.29 | -5.54 | 1.51 | -- | 0.32 |
| 201506 | 23.71 | -- | -0.27 | -0.64 | 0.68 | -- | 0.16 |
| 201412 | 20.86 | -- | 0.80 | 1.94 | 2.07 | -- | 0.50 |
| 201406 | 23.04 | -- | 1.79 | 4.13 | 1.01 | -- | 0.25 |
| 201312 | 23.68 | -- | 4.93 | 11.29 | 2.19 | -- | 0.57 |
| 201306 | 32.17 | -- | 2.42 | 5.38 | 0.42 | -- | 0.20 |
| 201212 | 34.47 | -- | 7.21 | 11.88 | 1.22 | -- | 0.51 |
| 201206 | 37.63 | -- | 3.17 | 5.07 | 0.60 | -- | 0.22 |
| 201112 | 27.84 | -- | 2.98 | 4.14 | 1.63 | -- | 0.52 |
| 201106 | 25.48 | -- | 1.19 | 1.32 | 0.55 | -- | 0.21 |
| 201012 | 20.26 | -- | -2.94 | -4.65 | 0.81 | -- | 0.31 |
| 201006 | 23.58 | -- | -1.72 | -2.2 | 0.28 | -- | 0.12 |
| 200912 | 26.38 | -- | -1.97 | -3.07 | 0.76 | -- | 0.30 |
| 200906 | 26.82 | -- | 1.21 | 1.33 | 0.47 | -- | 0.17 |
| 200812 | 28.62 | -- | 8.42 | 11.55 | 1.66 | -- | 0.61 |
| 200806 | 29.65 | -- | 2.27 | 2.83 | 0.72 | -- | 0.23 |
| 200712 | 34.14 | -- | 17.41 | 45.3 | 2.02 | -- | 0.80 |
| 200708 | 32.89 | -- | 8.45 | 39.37 | 0.86 | -- | 0.44 |
| 200706 | 32.59 | -- | -- | -- | -- | -- | -- |
| 200612 | 33.30 | -- | 25.99 | 135.97 | 2.26 | -- | 1.07 |
| 200608 | 29.00 | -- | -- | -- | -- | -- | -- |
| 200512 | 21.65 | -- | 3.68 | 18.21 | 1.32 | -- | 0.43 |
| 200412 | 18.40 | -- | 13.18 | 38.06 | 5.49 | -- | 1.40 |
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 |
| 202306 | 76.96 | 23.04 | -- | -- |
| 202212 | 74.08 | 25.92 | -- | -- |
| 202206 | 71.67 | 28.33 | -- | -- |
| 202112 | 68.11 | 31.89 | -- | -- |
| 202106 | 65.00 | 35.00 | -- | -- |
| 202012 | 62.58 | 37.42 | -- | -- |
| 202006 | 63.08 | 36.92 | -- | -- |
| 201912 | 61.88 | 38.12 | -- | -- |
| 201906 | 60.90 | 39.10 | -- | -- |
| 201812 | 58.14 | 41.86 | -- | -- |
| 201806 | 61.23 | 38.77 | -- | -- |
| 201712 | 58.50 | 41.50 | -- | -- |
| 201706 | 56.31 | 43.69 | -- | -- |
| 201612 | 63.76 | 36.24 | -- | -- |
| 201606 | 62.99 | 37.01 | -- | -- |
| 201512 | 63.78 | 36.22 | -- | -- |
| 201506 | 64.19 | 35.81 | -- | -- |
| 201412 | 67.97 | 32.03 | -- | -- |
| 201406 | 66.53 | 33.47 | -- | -- |
| 201312 | 65.15 | 34.85 | -- | -- |
| 201306 | 63.36 | 36.64 | -- | -- |
| 201212 | 53.39 | 46.61 | -- | -- |
| 201206 | 51.27 | 48.73 | -- | -- |
| 201112 | 37.62 | 62.38 | -- | -- |
| 201106 | 34.66 | 65.34 | -- | -- |
| 201012 | 32.09 | 67.91 | -- | -- |
| 201006 | 29.49 | 70.51 | -- | -- |
| 200912 | 35.31 | 64.69 | -- | -- |
| 200906 | 38.10 | 61.90 | -- | -- |
| 200812 | 41.84 | 58.16 | -- | -- |
| 200806 | 32.04 | 67.96 | -- | -- |
| 200712 | 65.51 | 34.49 | -- | -- |
| 200708 | 83.20 | 16.80 | -- | -- |
| 200706 | -- | -- | -- | -- |
| 200612 | 84.51 | 15.49 | -- | -- |
| 200608 | -- | -- | -- | -- |
| 200512 | 87.61 | 12.39 | -- | -- |
| 200412 | 72.25 | 27.75 | -- | -- |
成本费用分析
| 类别\年份 | 销售成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 202306 | 2342235000.0000 | -- | 158480000.0000 | 143215000.0000 |
| 202212 | 4016211000.0000 | -- | 479643000.0000 | 189249000.0000 |
| 202206 | 1580349000.0000 | -- | 231179000.0000 | 146012000.0000 |
| 202112 | 2573600000.0000 | -- | 480621000.0000 | 132671000.0000 |
| 202106 | 1233067000.0000 | -- | 251746000.0000 | 54626000.0000 |
| 202012 | 2751127000.0000 | -- | 547597000.0000 | 126359000.0000 |
| 202006 | 1199171000.0000 | -- | 278226000.0000 | 109947000.0000 |
| 201912 | 3109852000.0000 | -- | 503486000.0000 | 208903000.0000 |
| 201906 | 1491451000.0000 | -- | 180132000.0000 | 40439000.0000 |
| 201812 | 3122890000.0000 | -- | 469484000.0000 | 163405000.0000 |
| 201806 | 960393000.0000 | -- | 201332000.0000 | 38017000.0000 |
| 201712 | 1540763000.0000 | -- | 422090000.0000 | 214203000.0000 |
| 201706 | 617073000.0000 | -- | 170449000.0000 | 92691000.0000 |
| 201612 | 1789716000.0000 | -- | 589195000.0000 | 77496000.0000 |
| 201606 | 1092423000.0000 | -- | 278240000.0000 | 47804000.0000 |
| 201512 | 3272716000.0000 | -- | 584016000.0000 | 261835000.0000 |
| 201506 | 1700425000.0000 | -- | 289327000.0000 | 53835000.0000 |
| 201412 | 6182994000.0000 | -- | 688464000.0000 | 273018000.0000 |
| 201406 | 2954341000.0000 | -- | 269666000.0000 | 94990000.0000 |
| 201312 | 6141643000.0000 | -- | 595508000.0000 | 139418000.0000 |
| 201306 | 1686534000.0000 | -- | 229717000.0000 | 49142000.0000 |
| 201212 | 3321440000.0000 | -- | 526562000.0000 | -29259000.0000 |
| 201206 | 1228300000.0000 | -- | 208783000.0000 | -10486000.0000 |
| 201112 | 2514942000.0000 | -- | 408877000.0000 | 50335000.0000 |
| 201106 | 965265000.0000 | -- | 172016000.0000 | 5783000.0000 |
| 201012 | 1497453000.0000 | -- | 340360000.0000 | 59441000.0000 |
| 201006 | 523929000.0000 | -- | 148997000.0000 | 45771000.0000 |
| 200912 | 1444081000.0000 | -- | 351070000.0000 | 3709000.0000 |
| 200906 | 875561000.0000 | -- | 128157000.0000 | -2837000.0000 |
| 200812 | 3381730000.0000 | -- | 263114000.0000 | 88701000.0000 |
| 200806 | 1057218000.0000 | -- | 113339000.0000 | 74242000.0000 |
| 200712 | 2083888000.0000 | -- | 186546000.0000 | 49927000.0000 |
| 200708 | 1019110000.0000 | -- | 89352000.0000 | 12432000.0000 |
| 200706 | 823838000.0000 | -- | 59874000.0000 | 10573000.0000 |
| 200612 | 1558121000.0000 | -- | 110185000.0000 | 23141000.0000 |
| 200608 | 598405000.0000 | -- | 40079000.0000 | 6012000.0000 |
| 200512 | 392993000.0000 | -- | 42436000.0000 | 4132000.0000 |
| 200412 | 440028000.0000 | -- | 29039000.0000 | 3858000.0000 |