中商官网
研究报告
中策资本控股（HK0235）
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 （%) |
| 202306 | 51267000.0000 | -80.19 | 51267000.0000 | -27.47 | -22312000.0000 | -69.26 | -11996000.0000 | -88.50 |
| 202212 | 323579000.0000 | -23.68 | 135509000.0000 | -32.87 | -154850000.0000 | -96.16 | -189249000.0000 | -94.72 |
| 202206 | 258750000.0000 | -20.50 | 70680000.0000 | -31.60 | -72582000.0000 | -67.65 | -104350000.0000 | -46.93 |
| 202112 | 423994000.0000 | 65.40 | 201852000.0000 | -20.00 | -4030676000.0000 | -248.57 | -3583297000.0000 | -256.94 |
| 202106 | 325476000.0000 | 127.47 | 103334000.0000 | -26.03 | -224348000.0000 | -450.58 | -196625000.0000 | -480.68 |
| 202012 | 256347000.0000 | -67.13 | 252324000.0000 | -34.60 | 2712959000.0000 | -752.34 | 2283187000.0000 | -806.99 |
| 202006 | 143085000.0000 | -76.35 | 139692000.0000 | -34.89 | 63993000.0000 | -129.25 | 51651000.0000 | -137.03 |
| 201912 | 779962000.0000 | -47.22 | 385825000.0000 | -6.79 | -415878000.0000 | -151.62 | -322947000.0000 | -145.56 |
| 201906 | 604991000.0000 | -46.31 | 214551000.0000 | 10.24 | -218789000.0000 | -144.34 | -139502000.0000 | -131.91 |
| 201812 | 1477776000.0000 | 10.51 | 413941000.0000 | 39.53 | 805708000.0000 | 352.17 | 708790000.0000 | 461.67 |
| 201806 | 1126865000.0000 | 105.03 | 194614000.0000 | 64.74 | 493430000.0000 | -548.24 | 437199000.0000 | -485.13 |
| 201712 | 1337246000.0000 | 393.98 | 296666000.0000 | 59.82 | 178185000.0000 | -134.39 | 126193000.0000 | -128.89 |
| 201706 | 549617000.0000 | 368.96 | 118131000.0000 | 42.20 | -110082000.0000 | -69.28 | -113520000.0000 | -68.19 |
| 201612 | 270706000.0000 | 13.05 | 185630000.0000 | 452.60 | -518140000.0000 | -174.78 | -436870000.0000 | -174.79 |
| 201606 | 117199000.0000 | -33.61 | 83072000.0000 | 1317.37 | -358335000.0000 | -144.67 | -356825000.0000 | -144.78 |
| 201512 | 239466000.0000 | -42.66 | 33592000.0000 | 9.31 | 692895000.0000 | 152.43 | 584148000.0000 | 54.95 |
| 201506 | 176530000.0000 | -1.46 | 5861000.0000 | -53.40 | 802141000.0000 | 3121.19 | 796780000.0000 | 527.81 |
| 201412 | 417590000.0000 | 281.43 | 30730000.0000 | 139.00 | 274491000.0000 | -3808.84 | 376994000.0000 | -2548.33 |
| 201406 | 179146000.0000 | 8298.78 | 12576000.0000 | 4266.67 | 24902000.0000 | -132.40 | 126915000.0000 | -265.17 |
| 201312 | 109479000.0000 | 1832.55 | 12858000.0000 | 1887.33 | -7401000.0000 | -91.84 | -15398000.0000 | -83.01 |
| 201306 | 2133000.0000 | -8.34 | 288000.0000 | 152.63 | -76862000.0000 | 338.28 | -76839000.0000 | 339.56 |
| 201212 | 5665000.0000 | -39.21 | 647000.0000 | -83.97 | -90701000.0000 | 28.71 | -90612000.0000 | 29.20 |
| 201206 | 2327000.0000 | -65.42 | 114000.0000 | -72.99 | -17537000.0000 | 380.86 | -17481000.0000 | 379.33 |
| 201112 | 9319000.0000 | -24.11 | 4036000.0000 | 66.16 | -70467000.0000 | 20.09 | -70131000.0000 | 19.59 |
| 201106 | 6730000.0000 | 16.76 | 422000.0000 | 87.56 | -3647000.0000 | -95.68 | -3647000.0000 | -95.67 |
| 201012 | 12279000.0000 | 48.91 | 2429000.0000 | 402.90 | -58677000.0000 | 3.42 | -58641000.0000 | 13.46 |
| 201006 | 5764000.0000 | 121.61 | 225000.0000 | -850.00 | -84327000.0000 | -292.82 | -84302000.0000 | -274.75 |
| 200912 | 8246000.0000 | -55.90 | 483000.0000 | -102.65 | -56735000.0000 | -87.88 | -51686000.0000 | -88.57 |
| 200906 | 2601000.0000 | -83.42 | -30000.0000 | -109.29 | 43734000.0000 | -140.00 | 48241000.0000 | -144.12 |
| 200812 | 18699000.0000 | -59.10 | -18227000.0000 | 296.76 | -468103000.0000 | 1285.95 | -452365000.0000 | 1020.58 |
| 200806 | 15685000.0000 | -38.05 | 323000.0000 | -93.96 | -109336000.0000 | -1154.15 | -109336000.0000 | -1249.45 |
| 200712 | 45717000.0000 | 39.19 | -4594000.0000 | -153.13 | -33775000.0000 | -22.62 | -40369000.0000 | 5.08 |
| 200706 | 25317000.0000 | 55.07 | 5349000.0000 | 36.52 | 10372000.0000 | -123.16 | 9512000.0000 | -128.14 |
| 200612 | 32846000.0000 | -0.95 | 8647000.0000 | 84.69 | -43651000.0000 | -43.53 | -38417000.0000 | -53.05 |
| 200606 | 16326000.0000 | -5.45 | 3918000.0000 | -19.70 | -44789000.0000 | -51.90 | -33801000.0000 | -58.53 |
| 200512 | 33161000.0000 | 22.18 | 4682000.0000 | -22.83 | -77304000.0000 | -40.20 | -81829000.0000 | -54.35 |
| 200506 | 17267000.0000 | 67.49 | 4879000.0000 | 90.44 | -93115000.0000 | 14.16 | -81501000.0000 | -13.80 |
| 200412 | 27141000.0000 | -99.06 | 6067000.0000 | -98.33 | -129267000.0000 | -23.59 | -179244000.0000 | -5.43 |
| 200406 | 10309000.0000 | -99.41 | 2562000.0000 | -98.94 | -81562000.0000 | -8.85 | -94546000.0000 | -28.75 |
| 200312 | 2884493000.0000 | -19.91 | 364318000.0000 | -33.64 | -169184000.0000 | -75.68 | -189528000.0000 | -60.03 |
| 200306 | 1735605000.0000 | 1.72 | 241445000.0000 | -15.19 | -89482000.0000 | -68.81 | -132702000.0000 | -12.94 |
| 200212 | 3601735000.0000 | 11.36 | 548967000.0000 | 109.04 | -695566000.0000 | -30.52 | -474134000.0000 | -20.81 |
| 200206 | 1706190000.0000 | -8.72 | 284689000.0000 | 43.62 | -286937000.0000 | 290.06 | -152418000.0000 | 515.23 |
| 200112 | 3234404000.0000 | 2.42 | 262619000.0000 | -32.88 | -1001147000.0000 | 23.16 | -598730000.0000 | -18.06 |
| 200106 | 1869118000.0000 | 28.41 | 198223000.0000 | 19.57 | -73562000.0000 | -61.49 | -24774000.0000 | -84.71 |
| 200012 | 3158058000.0000 | -15.79 | 391245000.0000 | -33.44 | -812883000.0000 | -174.33 | -730682000.0000 | -169.75 |
| 200006 | 1455561000.0000 | -- | 165783000.0000 | -- | -191029000.0000 | -- | -162059000.0000 | -- |
| 199912 | 3750224000.0000 | -- | 587834000.0000 | -- | 1093641000.0000 | -- | 1047596000.0000 | -- |
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 | 100.00 | -- | -1.00 | -0.55 | -- | -- | 0.02 |
| 202212 | 41.88 | -- | -6.91 | -8.64 | -- | -- | 0.14 |
| 202206 | 27.32 | -- | -3.11 | -4.56 | -- | -- | 0.11 |
| 202112 | 47.61 | -- | -127.55 | -148.43 | -- | -- | 0.13 |
| 202106 | 31.75 | -- | -2.73 | -3.43 | -- | -- | 0.04 |
| 202012 | 98.43 | -- | 31.99 | 38.44 | -- | -- | 0.03 |
| 202006 | 97.63 | -- | 1.22 | 1.53 | -- | -- | 0.03 |
| 201912 | 49.47 | -- | -8.00 | -9.58 | -- | -- | 0.15 |
| 201906 | 35.46 | -- | -3.71 | -3.92 | -- | -- | 0.10 |
| 201812 | 28.01 | -- | 13.29 | 19.44 | 174.17 | -- | 0.24 |
| 201806 | 17.27 | -- | 8.31 | 12.93 | 166.98 | -- | 0.19 |
| 201712 | 22.18 | -- | 3.40 | 4.11 | 156.69 | -- | 0.26 |
| 201706 | 21.49 | -- | -2.23 | -4.04 | 58.35 | -- | 0.11 |
| 201612 | 68.57 | -- | -11.35 | -14.96 | 4.35 | -- | 0.06 |
| 201606 | 70.88 | -- | -11.02 | -11.95 | -- | -- | 0.04 |
| 201512 | 14.03 | -- | 19.28 | 17.33 | -- | -- | 0.07 |
| 201506 | 3.32 | -- | 38.41 | 38.42 | -- | -- | 0.08 |
| 201412 | 7.36 | -- | 21.57 | 29.93 | 700.83 | -- | 0.33 |
| 201406 | 7.02 | -- | 3.36 | 17.41 | 23.57 | -- | 0.24 |
| 201312 | 11.74 | -- | -0.96 | -2.53 | 5.67 | -- | 0.14 |
| 201306 | 13.50 | -- | -11.43 | -14.05 | 1.04 | -- | 0.00 |
| 201212 | 11.42 | -- | -11.92 | -14.5 | 1.91 | -- | 0.01 |
| 201206 | 4.90 | -- | -2.13 | -2.5 | 0.84 | -- | 0.00 |
| 201112 | 43.31 | -- | -8.39 | -9.79 | 2.70 | -- | 0.01 |
| 201106 | 6.27 | -- | -0.41 | -0.46 | 9.44 | -- | 0.01 |
| 201012 | 19.78 | -- | -6.52 | -7.44 | 4.02 | -- | 0.01 |
| 201006 | 3.90 | -- | -9.31 | -11.08 | 3.60 | -- | 0.01 |
| 200912 | 5.86 | -- | -5.95 | -6.12 | 6.59 | -- | 0.01 |
| 200906 | -1.15 | -- | 4.14 | 11.86 | 1.46 | -- | 0.00 |
| 200812 | -97.48 | -- | -34.36 | -129.68 | 13.48 | -- | 0.01 |
| 200806 | 2.06 | -- | -5.55 | -14.61 | 1.92 | -- | 0.01 |
| 200712 | -10.05 | -- | -7.99 | -27.88 | 5.39 | -- | 0.11 |
| 200706 | 21.13 | -- | 3.83 | 6.62 | 0.96 | -- | 0.09 |
| 200612 | 26.33 | -- | -16.31 | -25.47 | 1.28 | -- | 0.12 |
| 200606 | 24.00 | -- | -24.08 | -24.86 | 0.97 | -- | 0.09 |
| 200512 | 14.12 | -- | -3.95 | -6.17 | 2.30 | -- | 0.02 |
| 200506 | 28.26 | -- | -4.57 | -6.08 | 0.90 | -- | 0.01 |
| 200412 | 22.35 | -- | -6.81 | -13.7 | 1.54 | -- | 0.01 |
| 200406 | 24.85 | -- | -4.10 | -6.57 | 0.43 | -- | 0.01 |
| 200312 | 12.63 | -- | -7.73 | -12.36 | 37.63 | -- | 1.32 |
| 200306 | 13.91 | -- | -2.13 | -8.43 | 2.66 | -- | 0.41 |
| 200212 | 15.24 | -- | -14.60 | -27.34 | 3.69 | -- | 0.76 |
| 200206 | 16.69 | -- | -4.60 | -7.31 | 1.80 | -- | 0.27 |
| 200112 | 8.12 | -- | -16.01 | -26.96 | 3.61 | -- | 0.52 |
| 200106 | 10.61 | -- | -0.97 | -0.88 | 1.88 | -- | 0.25 |
| 200012 | 12.39 | -- | -10.51 | -25.64 | 3.07 | -- | 0.41 |
| 200006 | 11.39 | -- | -- | -- | -- | -- | -- |
| 199912 | 15.67 | -- | 15.76 | 31.03 | 3.79 | -- | 0.54 |
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 | 2.77 | 97.23 | -- | -- |
| 202212 | 2.18 | 97.82 | -- | -- |
| 202206 | 1.80 | 98.20 | -- | -- |
| 202112 | 23.60 | 76.40 | -- | -- |
| 202106 | 30.34 | 69.66 | -- | -- |
| 202012 | 29.98 | 70.02 | -- | -- |
| 202006 | 35.59 | 64.41 | -- | -- |
| 201912 | 35.14 | 64.86 | -- | -- |
| 201906 | 39.79 | 60.21 | -- | -- |
| 201812 | 39.86 | 60.14 | -- | -- |
| 201806 | 43.07 | 56.93 | -- | -- |
| 201712 | 41.38 | 58.62 | -- | -- |
| 201706 | 43.19 | 56.81 | -- | -- |
| 201612 | 35.98 | 64.02 | -- | -- |
| 201606 | 8.16 | 91.84 | -- | -- |
| 201512 | 6.20 | 93.80 | -- | -- |
| 201506 | 0.67 | 99.33 | -- | -- |
| 201412 | 0.92 | 99.08 | -- | -- |
| 201406 | 1.52 | 98.48 | -- | -- |
| 201312 | 21.01 | 78.99 | -- | -- |
| 201306 | 18.72 | 81.28 | -- | -- |
| 201212 | 17.93 | 82.07 | -- | -- |
| 201206 | 15.29 | 84.71 | -- | -- |
| 201112 | 14.69 | 85.31 | -- | -- |
| 201106 | 12.61 | 87.39 | -- | -- |
| 201012 | 12.42 | 87.58 | -- | -- |
| 201006 | 15.94 | 84.06 | -- | -- |
| 200912 | 11.41 | 88.59 | -- | -- |
| 200906 | 61.46 | 38.54 | -- | -- |
| 200812 | 74.37 | 25.63 | -- | -- |
| 200806 | 61.98 | 38.02 | -- | -- |
| 200712 | 65.67 | 34.33 | -- | -- |
| 200706 | 46.82 | 53.18 | -- | -- |
| 200612 | 43.54 | 56.46 | -- | -- |
| 200606 | 26.72 | 73.28 | -- | -- |
| 200512 | 15.48 | 84.52 | -- | -- |
| 200506 | 18.29 | 81.71 | -- | -- |
| 200412 | 15.54 | 84.46 | -- | -- |
| 200406 | 14.42 | 85.58 | -- | -- |
| 200312 | 18.53 | 81.47 | -- | -- |
| 200306 | 46.80 | 53.20 | -- | -- |
| 200212 | 48.30 | 51.70 | -- | -- |
| 200206 | 48.30 | 51.70 | -- | -- |
| 200112 | 43.33 | 56.67 | -- | -- |
| 200106 | 39.97 | 60.03 | -- | -- |
| 200012 | 41.17 | 58.83 | -- | -- |
| 200006 | -- | -- | -- | -- |
| 199912 | 31.80 | 68.20 | -- | -- |
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) |
| 202306 | -- | -- | 15522000.0000 | 289000.0000 |
| 202212 | 188070000.0000 | -- | 29512000.0000 | 13098000.0000 |
| 202206 | 188070000.0000 | -- | 14708000.0000 | 12955000.0000 |
| 202112 | 222142000.0000 | -- | 30537000.0000 | 111713000.0000 |
| 202106 | 222142000.0000 | -- | 15419000.0000 | 73274000.0000 |
| 202012 | 4023000.0000 | -- | 27630000.0000 | 158640000.0000 |
| 202006 | 3393000.0000 | -- | 11513000.0000 | 66635000.0000 |
| 201912 | 394137000.0000 | -- | 24975000.0000 | 171095000.0000 |
| 201906 | 390440000.0000 | -- | 11024000.0000 | 90917000.0000 |
| 201812 | 1063835000.0000 | -- | 31278000.0000 | 162053000.0000 |
| 201806 | 932251000.0000 | -- | 14550000.0000 | 74277000.0000 |
| 201712 | 1040580000.0000 | -- | 38876000.0000 | 134890000.0000 |
| 201706 | 431486000.0000 | -- | 13755000.0000 | 65499000.0000 |
| 201612 | 85076000.0000 | -- | 34233000.0000 | 6735000.0000 |
| 201606 | 34127000.0000 | -- | 27685000.0000 | 558000.0000 |
| 201512 | 205874000.0000 | -- | 52069000.0000 | 409000.0000 |
| 201506 | 170669000.0000 | -- | 21664000.0000 | 15000.0000 |
| 201412 | 386860000.0000 | -- | 43480000.0000 | 139000.0000 |
| 201406 | 166570000.0000 | -- | 18537000.0000 | -- |
| 201312 | 96621000.0000 | -- | 43139000.0000 | -- |
| 201306 | 1845000.0000 | -- | 22439000.0000 | 3733000.0000 |
| 201212 | 5018000.0000 | -- | 41789000.0000 | 5399000.0000 |
| 201206 | 2213000.0000 | -- | 18505000.0000 | 2599000.0000 |
| 201112 | 5283000.0000 | -- | 54872000.0000 | 5222000.0000 |
| 201106 | 6308000.0000 | -- | 26259000.0000 | 2615000.0000 |
| 201012 | 9850000.0000 | -- | 127636000.0000 | 4988000.0000 |
| 201006 | 5539000.0000 | -- | 93570000.0000 | 2423000.0000 |
| 200912 | 7763000.0000 | -- | 46345000.0000 | 42541000.0000 |
| 200906 | 2631000.0000 | -- | 21381000.0000 | 27888000.0000 |
| 200812 | 36926000.0000 | -- | 28494000.0000 | 102247000.0000 |
| 200806 | 15362000.0000 | -- | 16716000.0000 | 48185000.0000 |
| 200712 | 50311000.0000 | -- | 41101000.0000 | 9007000.0000 |
| 200706 | 19968000.0000 | -- | 11172000.0000 | 3768000.0000 |
| 200612 | 24199000.0000 | -- | 27695000.0000 | 9940000.0000 |
| 200606 | 12408000.0000 | -- | 15145000.0000 | 7114000.0000 |
| 200512 | 28479000.0000 | -- | 52926000.0000 | 17630000.0000 |
| 200506 | 12388000.0000 | -- | 29201000.0000 | 8480000.0000 |
| 200412 | 21074000.0000 | -- | 36662000.0000 | 17434000.0000 |
| 200406 | 7747000.0000 | -- | 15280000.0000 | 9298000.0000 |
| 200312 | 2520175000.0000 | -- | 122587000.0000 | 50712000.0000 |
| 200306 | 1494160000.0000 | -- | 76490000.0000 | 28716000.0000 |
| 200212 | 3052768000.0000 | -- | 221624000.0000 | 109460000.0000 |
| 200206 | 1421501000.0000 | -- | 116743000.0000 | 53809000.0000 |
| 200112 | 2971785000.0000 | -- | 242694000.0000 | 81462000.0000 |
| 200106 | 1670895000.0000 | -- | 114601000.0000 | 46143000.0000 |
| 200012 | 2766813000.0000 | -- | 282226000.0000 | 88487000.0000 |
| 200006 | 1289778000.0000 | -- | 94443000.0000 | 38948000.0000 |
| 199912 | 3162390000.0000 | -- | 431038000.0000 | 96938000.0000 |