中商官网
研究报告
瑞安房地产（HK0272）
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 （%) |
| 2024-06 | 2073000000.0000 | -67.77 | 1355000000.0000 | -54.05 | 282000000.0000 | -84.92 | 72000000.0000 | -88.35 |
| 2024-12 | 8173000000.0000 | -16.19 | 5228000000.0000 | 3.63 | 3147000000.0000 | 16.60 | 180000000.0000 | -77.78 |
| 2023-06 | 6431000000.0000 | 45.66 | 2949000000.0000 | 4.54 | 1870000000.0000 | 82.08 | 618000000.0000 | 37.33 |
| 2022-12 | 15565000000.0000 | -11.34 | 6649000000.0000 | -7.31 | 3407000000.0000 | -39.92 | 906000000.0000 | -44.62 |
| 2023-12 | 9752000000.0000 | -37.35 | 5045000000.0000 | -24.12 | 2699000000.0000 | -20.78 | 810000000.0000 | -10.60 |
| 2022-06 | 4415000000.0000 | -63.14 | 2821000000.0000 | -42.94 | 1027000000.0000 | -74.55 | 450000000.0000 | -58.41 |
| 2021-06 | 11977000000.0000 | 726.00 | 4944000000.0000 | 412.86 | 4036000000.0000 | -304.35 | 1082000000.0000 | -166.71 |
| 2021-12 | 17555000000.0000 | 281.88 | 7173000000.0000 | 205.23 | 5671000000.0000 | -1466.51 | 1636000000.0000 | -321.08 |
| 2019-12 | 10392000000.0000 | -58.17 | 5313000000.0000 | -25.64 | 3855000000.0000 | -21.57 | 1932000000.0000 | 1.36 |
| 2020-06 | 1450000000.0000 | -81.65 | 964000000.0000 | -73.06 | -1975000000.0000 | -177.21 | -1622000000.0000 | -222.32 |
| 2020-12 | 4597000000.0000 | -55.76 | 2350000000.0000 | -55.77 | -415000000.0000 | -110.77 | -740000000.0000 | -138.30 |
| 2018-06 | 19032000000.0000 | 87.21 | 5171000000.0000 | 17.04 | 3080000000.0000 | 1.85 | 1225000000.0000 | 36.41 |
| 2019-06 | 7902000000.0000 | -58.48 | 3578000000.0000 | -30.81 | 2558000000.0000 | -16.95 | 1326000000.0000 | 8.24 |
| 2017-12 | 18451000000.0000 | 4.84 | 7858000000.0000 | 33.07 | 6250000000.0000 | 34.84 | 1669000000.0000 | 53.40 |
| 2018-12 | 24841000000.0000 | 34.63 | 7145000000.0000 | -9.07 | 4915000000.0000 | -21.36 | 1906000000.0000 | 14.20 |
| 2016-06 | 3571000000.0000 | 76.17 | 805000000.0000 | 39.27 | 1382000000.0000 | -38.25 | 768000000.0000 | -35.73 |
| 2017-06 | 10166000000.0000 | 184.68 | 4418000000.0000 | 448.82 | 3024000000.0000 | 118.81 | 898000000.0000 | 16.93 |
| 2016-12 | 17600000000.0000 | 171.94 | 5905000000.0000 | 249.62 | 4635000000.0000 | 13.38 | 1088000000.0000 | 38.07 |
| 2014-12 | 10249000000.0000 | 4.28 | 3446000000.0000 | 9.22 | 4418000000.0000 | -7.52 | 1778000000.0000 | -16.33 |
| 2015-06 | 2027000000.0000 | -61.29 | 578000000.0000 | -68.08 | 2238000000.0000 | 15.42 | 1195000000.0000 | 49.94 |
| 2015-12 | 6472000000.0000 | -36.85 | 1689000000.0000 | -50.99 | 4088000000.0000 | -7.47 | 788000000.0000 | -55.68 |
| 2013-06 | 3623000000.0000 | 120.51 | 1419000000.0000 | 92.54 | 2066000000.0000 | 39.59 | 1051000000.0000 | 27.39 |
| 2013-12 | 9828000000.0000 | 103.86 | 3155000000.0000 | 53.16 | 4777000000.0000 | 28.48 | 2125000000.0000 | 4.73 |
| 2012-12 | 4821000000.0000 | -43.18 | 2060000000.0000 | -44.34 | 3718000000.0000 | -38.65 | 2029000000.0000 | -40.81 |
| 2014-06 | 5236000000.0000 | 44.52 | 1811000000.0000 | 27.63 | 1939000000.0000 | -6.15 | 797000000.0000 | -24.17 |
| 2012-06 | 1643000000.0000 | -8.11 | 737000000.0000 | -10.88 | 1480000000.0000 | 11.61 | 825000000.0000 | 5.23 |
| 2011-12 | 8484000000.0000 | 73.89 | 3701000000.0000 | 84.13 | 6060000000.0000 | 38.77 | 3428000000.0000 | 22.04 |
| 2011-06 | 1788000000.0000 | -42.71 | 827000000.0000 | -34.98 | 1326000000.0000 | -47.80 | 784000000.0000 | -49.65 |
| 2010-12 | 4879000000.0000 | -27.80 | 2010000000.0000 | -43.04 | 4367000000.0000 | 12.15 | 2809000000.0000 | 5.09 |
| 2010-06 | 3121000000.0000 | 133.78 | 1272000000.0000 | 226.15 | 2540000000.0000 | 246.05 | 1557000000.0000 | 116.85 |
| 2009-12 | 6758000000.0000 | 227.11 | 3529000000.0000 | 239.98 | 3894000000.0000 | 42.90 | 2673000000.0000 | 48.67 |
| 2007-12 | 4570000000.0000 | -3.36 | 2685000000.0000 | -14.49 | 3687000000.0000 | 32.39 | 2462000000.0000 | 114.83 |
| 2009-06 | 1335000000.0000 | 17.93 | 390000000.0000 | -37.90 | 734000000.0000 | -59.96 | 718000000.0000 | -44.51 |
| 2008-12 | 2066000000.0000 | -54.79 | 1038000000.0000 | -61.34 | 2725000000.0000 | -26.09 | 1798000000.0000 | -26.97 |
| 2008-06 | 1132000000.0000 | -48.03 | 628000000.0000 | -57.82 | 1833000000.0000 | 20.51 | 1294000000.0000 | 17.85 |
| 2006-12 | 4729000000.0000 | 364.63 | 3140000000.0000 | 354.35 | 2785000000.0000 | 217.36 | 1146000000.0000 | 201.61 |
| 2007-06 | 2178000000.0000 | 0.93 | 1489000000.0000 | -1.52 | 1521000000.0000 | 7.72 | 1098000000.0000 | 96.77 |
| 2006-06 | 2158000000.0000 | -- | 1512000000.0000 | -- | 1412000000.0000 | -- | 558000000.0000 | -- |
| 2005-12 | 1017798000.0000 | -2.03 | 691100000.0000 | 57.36 | 877542000.0000 | -50.07 | 379962000.0000 | -51.66 |
| 2006-03 | 138137000.0000 | 46.98 | 119987000.0000 | 36.54 | 7959000.0000 | -97.97 | -18674000.0000 | -110.37 |
| 2004-12 | 1038923000.0000 | 6.30 | 439194000.0000 | 32.79 | 1757605000.0000 | 828.34 | 785986000.0000 | 2613.67 |
| 2005-03 | 93983000.0000 | -- | 87874000.0000 | -- | 392083000.0000 | -- | 180072000.0000 | -- |
| 2003-12 | 977376000.0000 | -- | 330748000.0000 | -- | 189327000.0000 | -- | 28964000.0000 | -- |
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) |
| 2024-06 | 65.36 | 1.8800 | 0.28 | 0.1900 | 0.15 | -- | 0.02 |
| 2024-12 | 63.97 | 24.1800 | 3.42 | 0.4700 | 0.84 | -- | 0.09 |
| 2023-06 | 45.86 | 18.3600 | 1.81 | 1.6000 | 0.96 | -- | 0.06 |
| 2022-12 | 42.72 | 22.8600 | 3.25 | 2.3100 | 1.42 | -- | 0.15 |
| 2023-12 | 51.73 | 19.6700 | 2.67 | 2.0800 | 1.56 | -- | 0.10 |
| 2022-06 | 63.90 | 24.9200 | 0.93 | 1.1300 | 0.13 | -- | 0.04 |
| 2021-06 | 41.28 | 32.0300 | 3.68 | 2.7300 | 0.40 | -- | 0.11 |
| 2021-12 | 40.86 | 28.7700 | 4.98 | 4.1000 | 0.75 | -- | 0.15 |
| 2019-12 | 51.13 | 35.2200 | 3.56 | 4.8200 | 0.27 | -- | 0.10 |
| 2020-06 | 66.48 | -132.2800 | -1.79 | -4.3100 | 0.02 | -- | 0.01 |
| 2020-12 | 51.12 | -16.1600 | -0.36 | -1.9200 | 0.10 | -- | 0.04 |
| 2018-06 | 27.17 | 16.2000 | 2.90 | 3.1400 | 0.71 | -- | 0.18 |
| 2019-06 | 45.28 | 32.0300 | 2.38 | 3.3300 | 0.31 | -- | 0.07 |
| 2017-12 | 42.59 | 38.9000 | 5.47 | 4.3600 | 0.40 | -- | 0.16 |
| 2018-12 | 28.76 | 19.5400 | 4.46 | 4.8800 | 1.03 | -- | 0.23 |
| 2016-06 | 22.54 | 42.6800 | 1.16 | 2.0700 | 0.09 | -- | 0.03 |
| 2017-06 | 43.46 | 32.2200 | 2.49 | 2.3700 | 0.24 | -- | 0.08 |
| 2016-12 | 33.55 | 27.9800 | 3.79 | 2.9100 | 0.44 | -- | 0.14 |
| 2014-12 | 33.62 | 44.7900 | 4.08 | 4.7000 | 0.35 | -- | 0.09 |
| 2015-06 | 28.52 | 111.3000 | 1.98 | 3.0800 | 0.07 | -- | 0.02 |
| 2015-12 | 26.10 | 68.0200 | 3.49 | 2.1500 | 0.21 | -- | 0.06 |
| 2013-06 | 39.17 | 56.9400 | 2.12 | 2.9800 | 0.09 | -- | 0.04 |
| 2013-12 | 32.10 | 50.4200 | 4.84 | 5.8800 | 0.28 | -- | 0.10 |
| 2012-12 | 42.73 | 75.4200 | 4.15 | 6.4500 | 0.12 | -- | 0.05 |
| 2014-06 | 34.59 | 38.7500 | 1.80 | 2.1700 | 0.15 | -- | 0.05 |
| 2012-06 | 44.86 | 89.9600 | 1.88 | 2.7600 | 0.04 | -- | 0.02 |
| 2011-12 | 43.62 | 69.8100 | 8.83 | 12.2700 | 0.26 | -- | 0.12 |
| 2011-06 | 46.25 | 68.7400 | 2.03 | 3.1000 | 0.06 | -- | 0.03 |
| 2010-12 | 41.20 | 88.3200 | 7.76 | 11.3200 | 0.19 | -- | 0.09 |
| 2010-06 | 40.76 | 79.2100 | 5.45 | 6.8900 | 0.15 | -- | 0.07 |
| 2009-12 | 52.22 | 51.1700 | 9.14 | 12.3900 | 0.27 | -- | 0.16 |
| 2007-12 | 58.75 | 80.1100 | 12.34 | 15.5100 | 0.29 | -- | 0.15 |
| 2009-06 | 29.21 | 25.1700 | 1.83 | 3.7000 | 0.09 | -- | 0.03 |
| 2008-12 | 50.24 | 129.7700 | 7.59 | 10.6600 | 0.09 | -- | 0.06 |
| 2008-06 | 55.48 | 158.8300 | 5.18 | 7.3900 | 0.06 | -- | 0.03 |
| 2006-12 | 66.40 | 58.8700 | 10.70 | 8.2100 | 0.24 | -- | 0.18 |
| 2007-06 | 68.37 | 69.8300 | 5.49 | 7.4200 | 0.10 | -- | 0.08 |
| 2006-06 | 70.06 | 65.4300 | -- | -- | -- | -- | -- |
| 2005-12 | 67.90 | 86.2200 | 4.71 | 7.9900 | 0.06 | -- | 0.05 |
| 2006-03 | 86.86 | 5.7600 | 0.04 | -0.3900 | 0.00 | -- | 0.01 |
| 2004-12 | 42.27 | 169.1800 | 14.35 | 17.3900 | 0.17 | -- | 0.08 |
| 2005-03 | 93.50 | 417.1900 | -- | -- | -- | -- | -- |
| 2003-12 | 33.84 | 19.3700 | 2.32 | 3.8500 | 0.26 | -- | 0.12 |
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 |
| 2024-06 | 56.39 | 43.61 | 1.08 | 0.88 |
| 2024-12 | 53.59 | 46.41 | 1.45 | 1.25 |
| 2023-06 | 57.17 | 42.83 | 1.06 | 0.91 |
| 2022-12 | 57.66 | 42.34 | 1.01 | 0.78 |
| 2023-12 | 56.29 | 43.71 | 1.06 | 0.94 |
| 2022-06 | 59.00 | 41.00 | 1.03 | 0.64 |
| 2021-06 | 56.32 | 43.68 | 1.25 | 0.64 |
| 2021-12 | 56.82 | 43.18 | 1.09 | 0.68 |
| 2019-12 | 54.52 | 45.48 | 1.64 | 0.74 |
| 2020-06 | 58.54 | 41.46 | 1.11 | 0.51 |
| 2020-12 | 59.53 | 40.47 | 1.03 | 0.46 |
| 2018-06 | 52.92 | 47.08 | 1.65 | 0.89 |
| 2019-06 | 55.23 | 44.77 | 1.32 | 0.76 |
| 2017-12 | 56.97 | 43.03 | 1.67 | 0.85 |
| 2018-12 | 57.17 | 42.83 | 1.10 | 0.62 |
| 2016-06 | 61.42 | 38.58 | 1.59 | 0.68 |
| 2017-06 | 58.27 | 41.73 | 1.77 | 0.99 |
| 2016-12 | 62.15 | 37.85 | 1.51 | 0.74 |
| 2014-12 | 58.53 | 41.47 | 1.95 | 1.00 |
| 2015-06 | 58.05 | 41.95 | 1.89 | 0.81 |
| 2015-12 | 60.64 | 39.36 | 1.62 | 0.86 |
| 2013-06 | 57.83 | 42.17 | 1.61 | 0.56 |
| 2013-12 | 57.23 | 42.77 | 1.96 | 0.70 |
| 2012-12 | 58.41 | 41.59 | 1.64 | 0.50 |
| 2014-06 | 57.65 | 42.35 | 2.05 | 0.99 |
| 2012-06 | 58.88 | 41.12 | 1.75 | 0.44 |
| 2011-12 | 57.04 | 42.96 | 1.63 | 0.52 |
| 2011-06 | 59.58 | 40.42 | 1.81 | 0.61 |
| 2010-12 | 53.73 | 46.27 | 2.83 | 1.12 |
| 2010-06 | 49.01 | 50.99 | 2.63 | 0.88 |
| 2009-12 | 47.00 | 53.00 | 1.97 | 0.60 |
| 2007-12 | 44.09 | 55.91 | 1.57 | 0.82 |
| 2009-06 | 49.01 | 50.99 | 1.76 | 0.64 |
| 2008-12 | 49.39 | 50.61 | 1.93 | 0.58 |
| 2008-06 | 47.21 | 52.79 | 1.89 | 0.77 |
| 2006-12 | 41.75 | 58.25 | 3.56 | 1.85 |
| 2007-06 | 41.39 | 58.61 | 3.03 | 1.53 |
| 2006-06 | -- | -- | -- | -- |
| 2005-12 | 72.83 | 27.17 | 1.68 | 0.63 |
| 2006-03 | 73.04 | 26.96 | 1.68 | 0.52 |
| 2004-12 | 58.28 | 41.72 | 1.63 | 0.44 |
| 2005-03 | -- | -- | -- | -- |
| 2003-12 | 88.71 | 11.29 | 0.72 | 0.21 |
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) |
| 2024/6/30 0:00:00 | 718000000.0000 | -- | 408000000.0000 | 1076000000.0000 |
| 2024/12/31 0:00:00 | 2945000000.0000 | -- | 932000000.0000 | 2027000000.0000 |
| 2023/6/30 0:00:00 | 3482000000.0000 | -- | 530000000.0000 | 1068000000.0000 |
| 2022/12/31 0:00:00 | 8916000000.0000 | -- | 907000000.0000 | 2127000000.0000 |
| 2023/12/31 0:00:00 | 4707000000.0000 | -- | 985000000.0000 | 2167000000.0000 |
| 2022/6/30 0:00:00 | 1594000000.0000 | -- | 509000000.0000 | 1176000000.0000 |
| 2021/6/30 0:00:00 | 7033000000.0000 | -- | 492000000.0000 | 498000000.0000 |
| 2021/12/31 0:00:00 | 10382000000.0000 | -- | 928000000.0000 | 895000000.0000 |
| 2019/12/31 0:00:00 | 5079000000.0000 | -- | 829000000.0000 | 1497000000.0000 |
| 2020/6/30 0:00:00 | 486000000.0000 | -- | 456000000.0000 | 808000000.0000 |
| 2020/12/31 0:00:00 | 2247000000.0000 | -- | 804000000.0000 | 215000000.0000 |
| 2018/6/30 0:00:00 | 13861000000.0000 | -- | 442000000.0000 | 944000000.0000 |
| 2019/6/30 0:00:00 | 4324000000.0000 | -- | 455000000.0000 | 868000000.0000 |
| 2017/12/31 0:00:00 | 10593000000.0000 | -- | 826000000.0000 | 1691000000.0000 |
| 2018/12/31 0:00:00 | 17696000000.0000 | -- | 790000000.0000 | 1583000000.0000 |
| 2016/6/30 0:00:00 | 2766000000.0000 | -- | 468000000.0000 | 1193000000.0000 |
| 2017/6/30 0:00:00 | 5748000000.0000 | -- | 421000000.0000 | 1004000000.0000 |
| 2016/12/31 0:00:00 | 11695000000.0000 | -- | 889000000.0000 | 2495000000.0000 |
| 2014/12/31 0:00:00 | 6803000000.0000 | -- | 981000000.0000 | 921000000.0000 |
| 2015/6/30 0:00:00 | 1449000000.0000 | -- | 425000000.0000 | 563000000.0000 |
| 2015/12/31 0:00:00 | 4783000000.0000 | -- | 899000000.0000 | 2619000000.0000 |
| 2013/6/30 0:00:00 | 2204000000.0000 | -- | 406000000.0000 | 94000000.0000 |
| 2013/12/31 0:00:00 | 6673000000.0000 | -- | 938000000.0000 | 448000000.0000 |
| 2012/12/31 0:00:00 | 2761000000.0000 | -- | 738000000.0000 | 459000000.0000 |
| 2014/6/30 0:00:00 | 3425000000.0000 | -- | 543000000.0000 | 466000000.0000 |
| 2012/6/30 0:00:00 | 906000000.0000 | -- | 379000000.0000 | 244000000.0000 |
| 2011/12/31 0:00:00 | 4783000000.0000 | -- | 634000000.0000 | -94000000.0000 |
| 2011/6/30 0:00:00 | 961000000.0000 | -- | 291000000.0000 | 51000000.0000 |
| 2010/12/31 0:00:00 | 2869000000.0000 | -- | 561000000.0000 | -42000000.0000 |
| 2010/6/30 0:00:00 | 1849000000.0000 | -- | 275000000.0000 | 36000000.0000 |
| 2009/12/31 0:00:00 | 3229000000.0000 | -- | 543000000.0000 | 89000000.0000 |
| 2007/12/31 0:00:00 | 1885000000.0000 | -- | 556000000.0000 | 125000000.0000 |
| 2009/6/30 0:00:00 | 945000000.0000 | -- | 261000000.0000 | 60000000.0000 |
| 2008/12/31 0:00:00 | 1028000000.0000 | -- | 697000000.0000 | 133000000.0000 |
| 2008/6/30 0:00:00 | 504000000.0000 | -- | 353000000.0000 | -178000000.0000 |
| 2006/12/31 0:00:00 | 1589000000.0000 | -- | 335000000.0000 | 118000000.0000 |
| 2007/6/30 0:00:00 | 689000000.0000 | -- | 236000000.0000 | 80000000.0000 |
| 2006/6/30 0:00:00 | 646000000.0000 | -- | 77000000.0000 | 167000000.0000 |
| 2005/12/31 0:00:00 | 326698000.0000 | -- | 101637000.0000 | 166873000.0000 |
| 2006/3/31 0:00:00 | 18150000.0000 | -- | 27217000.0000 | 87914000.0000 |
| 2004/12/31 0:00:00 | 599729000.0000 | -- | 82147000.0000 | 109539000.0000 |
| 2005/3/31 0:00:00 | 6109000.0000 | -- | 28632000.0000 | 16069000.0000 |
| 2003/12/31 0:00:00 | 646628000.0000 | -- | 37579000.0000 | 53784000.0000 |