中商官网
研究报告
汤臣集团（HK0258）
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 | 358119000.0000 | 85302000.0000 | -110640000.0000 | -79647000.0000 | 3869906000.0000 | 721000000.0000 | 3148906000.0000 |
| 2000 | 713156000.0000 | 226413000.0000 | 120515000.0000 | 97423000.0000 | 4202568000.0000 | 864719000.0000 | 3337849000.0000 |
| 2001 | 1205743000.0000 | 353157000.0000 | 142854000.0000 | 106369000.0000 | 4712566000.0000 | 1239742000.0000 | 3472824000.0000 |
| 2002 | 1300264000.0000 | 383075000.0000 | 182000000.0000 | 156146000.0000 | 4313706000.0000 | 612555000.0000 | 3701151000.0000 |
| 2003 | 658029000.0000 | 314978000.0000 | 122579000.0000 | 83380000.0000 | 4056044000.0000 | 624647000.0000 | 3431397000.0000 |
| 2004 | 765349000.0000 | 444460000.0000 | 450664000.0000 | 363332000.0000 | 5123829000.0000 | 1324966000.0000 | 3798863000.0000 |
| 2005 | 496657000.0000 | 312175000.0000 | 233992000.0000 | 203664000.0000 | 4738420000.0000 | 954651000.0000 | 3783769000.0000 |
| 2006 | 397439000.0000 | 272990000.0000 | 184860000.0000 | -55506000.0000 | 5459629000.0000 | 1302977000.0000 | 4156652000.0000 |
| 2007 | 684288000.0000 | 529324000.0000 | 3646058000.0000 | 2588314000.0000 | 10530163000.0000 | 3321223000.0000 | 7208940000.0000 |
| 2008 | 2315982000.0000 | 1445729000.0000 | 1105368000.0000 | 451986000.0000 | 10978682000.0000 | 2785770000.0000 | 8192912000.0000 |
| 2009 | 661113000.0000 | 479252000.0000 | 3190846000.0000 | 1387406000.0000 | 15522145000.0000 | 5911814000.0000 | 9610331000.0000 |
| 2010 | 3533110000.0000 | 2556026000.0000 | 2410113000.0000 | 860018000.0000 | 19469498000.0000 | 7992386000.0000 | 11477112000.0000 |
| 2011 | 1919605000.0000 | 1396679000.0000 | 717552000.0000 | 15210000.0000 | 20886771000.0000 | 8974649000.0000 | 11912122000.0000 |
| 2012 | 562395000.0000 | 352531000.0000 | 116544000.0000 | 17054000.0000 | 21812392000.0000 | 10077996000.0000 | 11734396000.0000 |
| 2013 | 920655000.0000 | 681525000.0000 | 648903000.0000 | 297639000.0000 | 23313016000.0000 | 11003308000.0000 | 12309708000.0000 |
| 2014 | 624001000.0000 | 492403000.0000 | 221306000.0000 | 95985000.0000 | 23579903000.0000 | 11475276000.0000 | 12104627000.0000 |
| 2015 | 2713186000.0000 | 1348192000.0000 | 1206806000.0000 | 534074000.0000 | 24349178000.0000 | 12162836000.0000 | 12186342000.0000 |
| 2016 | 4107056000.0000 | 1900130000.0000 | 1759651000.0000 | 876256000.0000 | 22691745000.0000 | 10299547000.0000 | 12392198000.0000 |
| 2017 | 2107365000.0000 | 1371064000.0000 | 2400505000.0000 | 1255486000.0000 | 21785484000.0000 | 8264895000.0000 | 13520589000.0000 |
| 2018 | 678094000.0000 | 487134000.0000 | 700722000.0000 | 407681000.0000 | 21926186000.0000 | 8642813000.0000 | 13283373000.0000 |
| 2019 | 915757000.0000 | 561859000.0000 | 391398000.0000 | 172513000.0000 | 19852038000.0000 | 7280225000.0000 | 12571813000.0000 |
| 2020 | 929947000.0000 | 503356000.0000 | 406761000.0000 | 174993000.0000 | 20387155000.0000 | 7170781000.0000 | 13216374000.0000 |
| 2021 | 779066000.0000 | 676464000.0000 | 588500000.0000 | 283448000.0000 | 20534605000.0000 | 6696170000.0000 | 13838435000.0000 |
| 2022 | 460049000.0000 | 314339000.0000 | 126561000.0000 | 17168000.0000 | 18795314000.0000 | 6088732000.0000 | 12706582000.0000 |
| 2023 | 513810000.0000 | 357507000.0000 | 135165000.0000 | 42684000.0000 | 18361211000.0000 | 6218040000.0000 | 12143171000.0000 |
| 2024 | 393727000.0000 | 336749000.0000 | 348581000.0000 | 176789000.0000 | 20641624000.0000 | 8749327000.0000 | 11892297000.0000 |
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 | 23.82 | -29.0500 | -2.86 | -2.5500 | 0.40 | -- | 0.09 |
| 2000 | 31.75 | 16.8900 | 2.87 | 3.0500 | 0.85 | -- | 0.17 |
| 2001 | 29.29 | 11.8800 | 3.03 | 3.2100 | 1.06 | -- | 0.26 |
| 2002 | 29.46 | 14.2600 | 4.22 | 4.5200 | 1.13 | -- | 0.30 |
| 2003 | 47.87 | 18.7600 | 3.02 | 2.6200 | 0.44 | -- | 0.16 |
| 2004 | 58.07 | 56.9400 | 8.80 | 10.2200 | 0.98 | -- | 0.15 |
| 2005 | 62.86 | 42.4700 | 4.94 | 5.6100 | 0.86 | -- | 0.10 |
| 2006 | 68.69 | 39.0700 | 3.39 | -1.3900 | 0.21 | -- | 0.07 |
| 2007 | 77.35 | 529.5800 | 34.62 | 36.7500 | 0.11 | -- | 0.06 |
| 2008 | 62.42 | 47.3200 | 10.07 | 5.7600 | 0.39 | -- | 0.21 |
| 2009 | 72.49 | 482.7900 | 20.56 | 14.9700 | 0.05 | -- | 0.04 |
| 2010 | 72.34 | 67.8400 | 12.38 | 8.2500 | 0.17 | -- | 0.18 |
| 2011 | 72.76 | 37.2300 | 3.44 | 0.1400 | 0.07 | -- | 0.09 |
| 2012 | 62.68 | 20.0500 | 0.53 | 0.1600 | 0.03 | -- | 0.03 |
| 2013 | 74.03 | 70.1200 | 2.78 | 2.6000 | 0.03 | -- | 0.04 |
| 2014 | 78.91 | 33.4300 | 0.94 | 0.8500 | 0.01 | -- | 0.03 |
| 2015 | 49.69 | 44.0100 | 4.96 | 4.7400 | 0.14 | -- | 0.11 |
| 2016 | 46.27 | 42.7000 | 7.75 | 7.6900 | 0.25 | -- | 0.18 |
| 2017 | 65.06 | 113.3700 | 11.02 | 9.4900 | 0.13 | -- | 0.10 |
| 2018 | 71.84 | 100.9500 | 3.20 | 3.1300 | 0.03 | -- | 0.03 |
| 2019 | 61.35 | 40.8900 | 1.97 | 1.4100 | 0.07 | -- | 0.05 |
| 2020 | 54.13 | 43.7400 | 2.00 | 1.3600 | 0.07 | -- | 0.05 |
| 2021 | 86.83 | 75.4400 | 2.87 | 2.1000 | 0.02 | -- | 0.04 |
| 2022 | 68.33 | 30.8800 | 0.67 | 0.1400 | 0.02 | -- | 0.02 |
| 2023 | 69.58 | 22.3000 | 0.74 | 0.3600 | 0.02 | -- | 0.03 |
| 2024 | 85.53 | 84.3500 | 1.69 | 1.5000 | 0.01 | -- | 0.02 |
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 | 18.63 | 81.37 | 2.20 | 0.86 |
| 2000 | 20.58 | 79.42 | 1.40 | 0.63 |
| 2001 | 26.31 | 73.69 | 1.65 | 0.95 |
| 2002 | 14.20 | 85.80 | 3.53 | 2.06 |
| 2003 | 15.40 | 84.60 | 4.49 | 2.43 |
| 2004 | 25.86 | 74.14 | 5.25 | 4.45 |
| 2005 | 20.15 | 79.85 | 1.43 | 1.19 |
| 2006 | 23.87 | 76.13 | 2.13 | 1.45 |
| 2007 | 31.54 | 68.46 | 1.75 | 1.01 |
| 2008 | 25.37 | 74.63 | 2.52 | 1.14 |
| 2009 | 38.09 | 61.91 | 2.51 | 1.46 |
| 2010 | 41.05 | 58.95 | 2.88 | 1.53 |
| 2011 | 42.97 | 57.03 | 2.33 | 1.01 |
| 2012 | 46.20 | 53.80 | 2.25 | 0.87 |
| 2013 | 47.20 | 52.80 | 2.17 | 0.78 |
| 2014 | 48.67 | 51.33 | 2.04 | 0.65 |
| 2015 | 49.95 | 50.05 | 1.64 | 0.58 |
| 2016 | 45.39 | 54.61 | 1.92 | 0.74 |
| 2017 | 37.94 | 62.06 | 1.86 | 0.94 |
| 2018 | 39.42 | 60.58 | 1.94 | 1.03 |
| 2019 | 36.67 | 63.33 | 2.04 | 1.03 |
| 2020 | 35.17 | 64.83 | 1.94 | 0.89 |
| 2021 | 32.61 | 67.39 | 2.15 | 0.93 |
| 2022 | 32.39 | 67.61 | 2.12 | 0.89 |
| 2023 | 33.87 | 66.13 | 2.05 | 0.82 |
| 2024 | 42.39 | 57.61 | 1.63 | 0.76 |
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 | 272817000.0000 | -- | 122860000.0000 | 6669000.0000 |
| 2000 | 486743000.0000 | -- | 85990000.0000 | 8358000.0000 |
| 2001 | 852586000.0000 | -- | 92886000.0000 | 7306000.0000 |
| 2002 | 917189000.0000 | -- | 83524000.0000 | 946000.0000 |
| 2003 | 343051000.0000 | -- | 79727000.0000 | 212000.0000 |
| 2004 | 320889000.0000 | -- | 75048000.0000 | 9016000.0000 |
| 2005 | 184482000.0000 | -- | 86619000.0000 | 17392000.0000 |
| 2006 | 124449000.0000 | -- | 99347000.0000 | 7881000.0000 |
| 2007 | 154964000.0000 | -- | 170940000.0000 | 19491000.0000 |
| 2008 | 870253000.0000 | -- | 124130000.0000 | 22242000.0000 |
| 2009 | 181861000.0000 | -- | 147740000.0000 | 21700000.0000 |
| 2010 | 977084000.0000 | -- | 180757000.0000 | 56070000.0000 |
| 2011 | 522926000.0000 | -- | 200968000.0000 | 159680000.0000 |
| 2012 | 209864000.0000 | -- | 202341000.0000 | 151902000.0000 |
| 2013 | 239130000.0000 | -- | 222930000.0000 | 163280000.0000 |
| 2014 | 131598000.0000 | -- | 193813000.0000 | 158573000.0000 |
| 2015 | 1364994000.0000 | -- | 170699000.0000 | 149429000.0000 |
| 2016 | 2206926000.0000 | -- | 198784000.0000 | 232540000.0000 |
| 2017 | 736301000.0000 | -- | 144022000.0000 | 86180000.0000 |
| 2018 | 190960000.0000 | -- | 141787000.0000 | 51717000.0000 |
| 2019 | 353898000.0000 | -- | 182986000.0000 | 61195000.0000 |
| 2020 | 426591000.0000 | -- | 145012000.0000 | 40716000.0000 |
| 2021 | 102602000.0000 | -- | 129619000.0000 | 22270000.0000 |
| 2022 | 145710000.0000 | -- | 112547000.0000 | 14835000.0000 |
| 2023 | 156303000.0000 | -- | 134372000.0000 | 18204000.0000 |
| 2024 | 56978000.0000 | -- | 115203000.0000 | 12876000.0000 |