中商官网
研究报告
南顺(香港)（HK0411）
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 （%) |
| 202312 | 2659166000.0000 | -2.06 | 582299000.0000 | 29.67 | 158185000.0000 | 212.01 | 128873000.0000 | 205.34 |
| 202306 | 5118938000.0000 | -16.17 | 875973000.0000 | -23.39 | 90571000.0000 | -68.27 | 85349000.0000 | -66.82 |
| 202212 | 2715046000.0000 | -15.86 | 449056000.0000 | -28.29 | 50698000.0000 | -73.06 | 42207000.0000 | -75.61 |
| 202206 | 6106635000.0000 | 6.00 | 1143389000.0000 | -10.98 | 285431000.0000 | -32.16 | 257260000.0000 | -28.08 |
| 202112 | 3226931000.0000 | 5.76 | 626225000.0000 | -14.41 | 188157000.0000 | -36.02 | 173034000.0000 | -27.37 |
| 202106 | 5761248000.0000 | 12.54 | 1284392000.0000 | 7.61 | 420753000.0000 | 5.29 | 357698000.0000 | 12.88 |
| 202012 | 3051295000.0000 | 6.67 | 731677000.0000 | 11.27 | 294097000.0000 | 28.41 | 238233000.0000 | 27.18 |
| 202006 | 5119437000.0000 | -3.70 | 1193600000.0000 | 3.39 | 399632000.0000 | 0.38 | 316889000.0000 | -6.82 |
| 201912 | 2860591000.0000 | 0.13 | 657575000.0000 | 3.59 | 229033000.0000 | -4.28 | 187325000.0000 | -6.99 |
| 201906 | 5316205000.0000 | -1.08 | 1154444000.0000 | 2.08 | 398128000.0000 | 1.81 | 340076000.0000 | 4.20 |
| 201812 | 2856886000.0000 | 1.74 | 634770000.0000 | 4.67 | 239274000.0000 | 4.00 | 201407000.0000 | 8.18 |
| 201806 | 5374273000.0000 | 11.63 | 1130962000.0000 | 10.54 | 391062000.0000 | 22.56 | 326379000.0000 | 19.53 |
| 201712 | 2808108000.0000 | 9.89 | 606457000.0000 | 7.66 | 230076000.0000 | 14.91 | 186185000.0000 | 12.22 |
| 201706 | 4814412000.0000 | 2.26 | 1023144000.0000 | 10.46 | 319067000.0000 | 19.77 | 273051000.0000 | 35.17 |
| 201612 | 2555485000.0000 | 3.63 | 563294000.0000 | 18.79 | 200222000.0000 | 41.66 | 165915000.0000 | 52.24 |
| 201606 | 4708012000.0000 | 5.83 | 926288000.0000 | 19.69 | 266392000.0000 | 61.03 | 202013000.0000 | 76.48 |
| 201512 | 2466039000.0000 | 7.66 | 474198000.0000 | 15.47 | 141343000.0000 | 52.37 | 108986000.0000 | 50.26 |
| 201506 | 4448587000.0000 | 8.05 | 773911000.0000 | 13.53 | 165431000.0000 | -5.94 | 114470000.0000 | -18.68 |
| 201412 | 2290568000.0000 | 5.30 | 410667000.0000 | 13.88 | 92762000.0000 | -8.85 | 72532000.0000 | -11.11 |
| 201406 | 4117049000.0000 | 13.81 | 681682000.0000 | 18.32 | 175882000.0000 | 6.17 | 140763000.0000 | 7.36 |
| 201312 | 2175271000.0000 | 14.77 | 360627000.0000 | 21.94 | 101767000.0000 | 44.60 | 81602000.0000 | 52.59 |
| 201306 | 3617563000.0000 | 25.23 | 576116000.0000 | 47.88 | 165658000.0000 | -722.24 | 131115000.0000 | -463.93 |
| 201212 | 1895361000.0000 | 27.50 | 295736000.0000 | 31.06 | 70380000.0000 | 285.96 | 53479000.0000 | 341.03 |
| 201206 | 2888657000.0000 | 15.10 | 389584000.0000 | -12.07 | -26623000.0000 | -123.56 | -36028000.0000 | -139.56 |
| 201112 | 1486577000.0000 | 15.40 | 225648000.0000 | -5.86 | 18235000.0000 | -75.22 | 12126000.0000 | -80.69 |
| 201106 | 2509698000.0000 | 14.42 | 443080000.0000 | -0.97 | 112998000.0000 | -20.96 | 91075000.0000 | -25.42 |
| 201012 | 1288160000.0000 | 14.69 | 239703000.0000 | -1.21 | 73597000.0000 | -13.02 | 62812000.0000 | -12.06 |
| 201006 | 2193316000.0000 | 5.83 | 447411000.0000 | 8.43 | 142962000.0000 | 46.90 | 122120000.0000 | 55.53 |
| 200912 | 1123149000.0000 | 1.68 | 242636000.0000 | 28.43 | 84615000.0000 | 510.45 | 71425000.0000 | 1269.34 |
| 200906 | 2072448000.0000 | -1.05 | 412614000.0000 | 26.24 | 97318000.0000 | -13.48 | 78519000.0000 | -33.51 |
| 200812 | 1104566000.0000 | 9.99 | 188919000.0000 | 12.89 | 13861000.0000 | -75.39 | 5216000.0000 | -91.24 |
| 200806 | 2094370000.0000 | 33.46 | 326838000.0000 | 10.27 | 112484000.0000 | 21.42 | 118099000.0000 | 7.48 |
| 200712 | 1004283000.0000 | 23.10 | 167352000.0000 | 1.56 | 56317000.0000 | 3.19 | 59552000.0000 | -22.38 |
| 200706 | 1569335000.0000 | -29.85 | 296389000.0000 | -22.85 | 92644000.0000 | -26.13 | 109882000.0000 | 6.69 |
| 200612 | 815809000.0000 | -31.53 | 164776000.0000 | -18.14 | 54577000.0000 | -23.91 | 76723000.0000 | 36.57 |
| 200606 | 2237058000.0000 | -26.76 | 384154000.0000 | -27.60 | 125410000.0000 | -10.45 | 102989000.0000 | 20.99 |
| 200512 | 1191472000.0000 | 6.76 | 201280000.0000 | 4.34 | 71729000.0000 | 6.01 | 56178000.0000 | 41.56 |
| 200506 | 3054627000.0000 | 225.72 | 530593000.0000 | 206.96 | 140040000.0000 | 302.75 | 85125000.0000 | 316.50 |
| 200412 | 1116023000.0000 | -45.20 | 192909000.0000 | -50.68 | 67661000.0000 | 10.61 | 39684000.0000 | 3.79 |
| 200406 | 937799000.0000 | -2.82 | 172852000.0000 | -2.62 | 34771000.0000 | 113.71 | 20438000.0000 | 95.09 |
| 200312 | 2036362000.0000 | 6.71 | 391148000.0000 | -0.74 | 61171000.0000 | 42.13 | 38235000.0000 | 116.00 |
| 200306 | 964983000.0000 | 9.58 | 177509000.0000 | 0.04 | 16270000.0000 | 23.91 | 10476000.0000 | 62.24 |
| 200212 | 1908344000.0000 | 14.75 | 394079000.0000 | 24.04 | 43038000.0000 | -112.31 | 17701000.0000 | -108.04 |
| 200206 | 880584000.0000 | 7.81 | 177445000.0000 | 23.76 | 13131000.0000 | 444.18 | 6457000.0000 | 163.23 |
| 200112 | 1663038000.0000 | -6.91 | 317712000.0000 | 9.27 | -349648000.0000 | 213.77 | -220102000.0000 | 154.17 |
| 200106 | 816797000.0000 | -9.98 | 143380000.0000 | 0.85 | 2413000.0000 | -110.70 | 2453000.0000 | -123.37 |
| 200012 | 1786535000.0000 | -4.77 | 290762000.0000 | -13.72 | -111435000.0000 | -33.97 | -86597000.0000 | -47.48 |
| 200006 | 907373000.0000 | -- | 142168000.0000 | -- | -22543000.0000 | -- | -10495000.0000 | -- |
| 199912 | 1876011000.0000 | -- | 337011000.0000 | -- | -168756000.0000 | -- | -164890000.0000 | -- |
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) |
| 202312 | 21.90 | -- | 4.40 | 4.44 | 3.12 | -- | 0.74 |
| 202306 | 17.11 | -- | 2.64 | 3.06 | 6.35 | -- | 1.49 |
| 202212 | 16.54 | -- | 1.41 | 1.49 | 2.75 | -- | 0.76 |
| 202206 | 18.72 | -- | 7.51 | 8.69 | 5.71 | -- | 1.61 |
| 202112 | 19.41 | -- | 4.97 | 5.77 | 3.13 | -- | 0.85 |
| 202106 | 22.29 | -- | 11.45 | 12.42 | 5.27 | -- | 1.57 |
| 202012 | 23.98 | -- | 8.21 | 8.57 | 3.05 | -- | 0.85 |
| 202006 | 23.32 | -- | 12.43 | 12.79 | 6.08 | -- | 1.59 |
| 201912 | 22.99 | -- | 7.10 | 7.77 | 3.17 | -- | 0.89 |
| 201906 | 21.72 | -- | 13.00 | 14.63 | 6.65 | -- | 1.74 |
| 201812 | 22.22 | -- | 7.70 | 9.02 | 3.25 | -- | 0.92 |
| 201806 | 21.04 | -- | 13.62 | 15.11 | 6.63 | -- | 1.87 |
| 201712 | 21.60 | -- | 7.98 | 8.99 | 3.59 | -- | 0.97 |
| 201706 | 21.25 | -- | 12.46 | 14.41 | 5.84 | -- | 1.88 |
| 201612 | 22.04 | -- | 8.03 | 9.34 | 3.68 | -- | 1.02 |
| 201606 | 19.67 | -- | 11.50 | 11.74 | 6.96 | -- | 2.03 |
| 201512 | 19.23 | -- | 5.63 | 6.46 | 3.61 | -- | 0.98 |
| 201506 | 17.40 | -- | 6.47 | 6.81 | 6.80 | -- | 1.74 |
| 201412 | 17.93 | -- | 3.63 | 4.38 | 3.19 | -- | 0.90 |
| 201406 | 16.56 | -- | 7.11 | 8.73 | 5.50 | -- | 1.67 |
| 201312 | 16.58 | -- | 4.15 | 5.09 | 3.20 | -- | 0.89 |
| 201306 | 15.93 | -- | 7.34 | 8.54 | 5.45 | -- | 1.60 |
| 201212 | 15.60 | -- | 3.21 | 3.67 | 2.88 | -- | 0.87 |
| 201206 | 13.49 | -- | -1.24 | -2.56 | 4.28 | -- | 1.35 |
| 201112 | 15.18 | -- | 0.87 | 0.83 | 1.96 | -- | 0.71 |
| 201106 | 17.65 | -- | 5.43 | 6.18 | 2.52 | -- | 1.21 |
| 201012 | 18.61 | -- | 3.66 | 4.35 | 1.70 | -- | 0.64 |
| 201006 | 20.40 | -- | 7.89 | 8.8 | 5.59 | -- | 1.21 |
| 200912 | 21.60 | -- | 4.64 | 5.3 | 3.64 | -- | 0.62 |
| 200906 | 19.91 | -- | 5.78 | 6.06 | 9.03 | -- | 1.23 |
| 200812 | 17.10 | -- | 0.84 | 0.42 | 4.64 | -- | 0.67 |
| 200806 | 15.61 | -- | 6.47 | 9.41 | 6.46 | -- | 1.21 |
| 200712 | 16.66 | -- | 3.13 | 5.11 | 3.61 | -- | 0.56 |
| 200706 | 18.89 | -- | 5.41 | 9.88 | 4.23 | -- | 0.92 |
| 200612 | 20.20 | -- | 3.18 | 7.07 | 2.41 | -- | 0.48 |
| 200606 | 17.17 | -- | 7.23 | 10.04 | 6.97 | -- | 1.29 |
| 200512 | 16.89 | -- | 4.13 | 5.68 | 3.62 | -- | 0.69 |
| 200506 | 17.37 | -- | 7.97 | 9.06 | 9.03 | -- | 1.74 |
| 200412 | 17.29 | -- | 3.67 | 4.32 | 3.20 | -- | 0.61 |
| 200406 | 18.43 | -- | 2.00 | 2.34 | 3.19 | -- | 0.54 |
| 200312 | 19.21 | -- | 3.36 | 4.41 | 6.35 | -- | 1.12 |
| 200306 | 18.40 | -- | 0.91 | 1.28 | 2.88 | -- | 0.54 |
| 200212 | 20.65 | -- | 2.28 | 2.15 | 5.70 | -- | 1.01 |
| 200206 | 20.15 | -- | 0.78 | 0.79 | 3.18 | -- | 0.52 |
| 200112 | 19.10 | -- | -18.87 | -28.17 | 5.46 | -- | 0.90 |
| 200106 | 17.55 | -- | 0.10 | 0.24 | 3.22 | -- | 0.33 |
| 200012 | 16.28 | -- | -4.25 | -8.38 | 6.32 | -- | 0.68 |
| 200006 | 15.67 | -- | -- | -- | -- | -- | -- |
| 199912 | 17.96 | -- | -6.28 | -14.76 | 5.19 | -- | 0.70 |
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 |
| 202312 | 19.37 | 80.63 | -- | -- |
| 202306 | 18.65 | 81.35 | -- | -- |
| 202212 | 20.88 | 79.12 | -- | -- |
| 202206 | 22.15 | 77.85 | -- | -- |
| 202112 | 20.76 | 79.24 | -- | -- |
| 202106 | 21.63 | 78.37 | -- | -- |
| 202012 | 22.41 | 77.59 | -- | -- |
| 202006 | 22.96 | 77.04 | -- | -- |
| 201912 | 24.94 | 75.06 | -- | -- |
| 201906 | 23.75 | 76.25 | -- | -- |
| 201812 | 27.83 | 72.17 | -- | -- |
| 201806 | 24.42 | 75.58 | -- | -- |
| 201712 | 27.80 | 72.20 | -- | -- |
| 201706 | 25.60 | 74.40 | -- | -- |
| 201612 | 28.31 | 71.69 | -- | -- |
| 201606 | 25.29 | 74.71 | -- | -- |
| 201512 | 32.42 | 67.58 | -- | -- |
| 201506 | 33.89 | 66.11 | -- | -- |
| 201412 | 34.80 | 65.20 | -- | -- |
| 201406 | 34.33 | 65.67 | -- | -- |
| 201312 | 34.27 | 65.73 | -- | -- |
| 201306 | 31.55 | 68.45 | -- | -- |
| 201212 | 32.96 | 67.04 | -- | -- |
| 201206 | 33.92 | 66.08 | -- | -- |
| 201112 | 29.59 | 70.41 | -- | -- |
| 201106 | 28.66 | 71.34 | -- | -- |
| 201012 | 27.72 | 72.28 | -- | -- |
| 201006 | 22.78 | 77.22 | -- | -- |
| 200912 | 25.50 | 74.50 | -- | -- |
| 200906 | 22.30 | 77.70 | -- | -- |
| 200812 | 24.31 | 75.69 | -- | -- |
| 200806 | 26.81 | 73.19 | -- | -- |
| 200712 | 30.61 | 69.39 | -- | -- |
| 200706 | 30.06 | 69.94 | -- | -- |
| 200612 | 31.70 | 68.30 | -- | -- |
| 200606 | 35.91 | 64.09 | -- | -- |
| 200512 | 38.35 | 61.65 | -- | -- |
| 200506 | 41.94 | 58.06 | -- | -- |
| 200412 | 46.24 | 53.76 | -- | -- |
| 200406 | 46.07 | 53.93 | -- | -- |
| 200312 | 48.75 | 51.25 | -- | -- |
| 200306 | 50.52 | 49.48 | -- | -- |
| 200212 | 53.03 | 46.97 | -- | -- |
| 200206 | 48.06 | 51.94 | -- | -- |
| 200112 | 45.52 | 54.48 | -- | -- |
| 200106 | 42.67 | 57.33 | -- | -- |
| 200012 | 45.74 | 54.26 | -- | -- |
| 200006 | -- | -- | -- | -- |
| 199912 | 42.41 | 57.59 | -- | -- |
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) |
| 202312 | 2076867000.0000 | -- | 103689000.0000 | 131000.0000 |
| 202306 | 4242965000.0000 | -- | 188996000.0000 | 208000.0000 |
| 202212 | 2265990000.0000 | -- | 93919000.0000 | 106000.0000 |
| 202206 | 4963246000.0000 | -- | 203301000.0000 | 296000.0000 |
| 202112 | 2600706000.0000 | -- | 101472000.0000 | 161000.0000 |
| 202106 | 4476856000.0000 | -- | 197881000.0000 | 283000.0000 |
| 202012 | 2319618000.0000 | -- | 112784000.0000 | 127000.0000 |
| 202006 | 3925837000.0000 | -- | 199692000.0000 | 238000.0000 |
| 201912 | 2203016000.0000 | -- | 104966000.0000 | 118000.0000 |
| 201906 | 4161761000.0000 | -- | 185499000.0000 | -- |
| 201812 | 2222116000.0000 | -- | 95625000.0000 | -- |
| 201806 | 4243311000.0000 | -- | 173557000.0000 | -- |
| 201712 | 2201651000.0000 | -- | 87293000.0000 | -- |
| 201706 | 3791268000.0000 | -- | 183928000.0000 | 48000.0000 |
| 201612 | 1992191000.0000 | -- | 93062000.0000 | 48000.0000 |
| 201606 | 3781724000.0000 | -- | 169533000.0000 | 2802000.0000 |
| 201512 | 1991841000.0000 | -- | 82295000.0000 | 2165000.0000 |
| 201506 | 3674676000.0000 | -- | 156295000.0000 | 6086000.0000 |
| 201412 | 1879901000.0000 | -- | 80600000.0000 | 3150000.0000 |
| 201406 | 3435367000.0000 | -- | 147740000.0000 | 4799000.0000 |
| 201312 | 1814644000.0000 | -- | 79352000.0000 | 2233000.0000 |
| 201306 | 3041447000.0000 | -- | 144500000.0000 | 5550000.0000 |
| 201212 | 1599625000.0000 | -- | 73850000.0000 | 3011000.0000 |
| 201206 | 2499073000.0000 | -- | 132415000.0000 | 3650000.0000 |
| 201112 | 1260929000.0000 | -- | 65555000.0000 | 1409000.0000 |
| 201106 | 2066618000.0000 | -- | 105533000.0000 | 2076000.0000 |
| 201012 | 1048457000.0000 | -- | 57504000.0000 | 1241000.0000 |
| 201006 | 1745905000.0000 | -- | 97462000.0000 | 624000.0000 |
| 200912 | 880513000.0000 | -- | 54768000.0000 | 259000.0000 |
| 200906 | 1659834000.0000 | -- | 101260000.0000 | 3339000.0000 |
| 200812 | 915647000.0000 | -- | 40768000.0000 | 2792000.0000 |
| 200806 | 1767532000.0000 | -- | 91118000.0000 | 5885000.0000 |
| 200712 | 836931000.0000 | -- | 43952000.0000 | 2191000.0000 |
| 200706 | 1272946000.0000 | -- | 79356000.0000 | 4639000.0000 |
| 200612 | 651033000.0000 | -- | 41753000.0000 | 2838000.0000 |
| 200606 | 1852904000.0000 | -- | 107546000.0000 | 7725000.0000 |
| 200512 | 990192000.0000 | -- | 55526000.0000 | 4345000.0000 |
| 200506 | 2524034000.0000 | -- | 160488000.0000 | 8812000.0000 |
| 200412 | 923114000.0000 | -- | 47432000.0000 | 2219000.0000 |
| 200406 | 764947000.0000 | -- | 55369000.0000 | 3029000.0000 |
| 200312 | 1645214000.0000 | -- | 125331000.0000 | 11046000.0000 |
| 200306 | 787474000.0000 | -- | 61290000.0000 | 6076000.0000 |
| 200212 | 1514265000.0000 | -- | 129116000.0000 | 13761000.0000 |
| 200206 | 703139000.0000 | -- | 62202000.0000 | 5585000.0000 |
| 200112 | 1345326000.0000 | -- | 116384000.0000 | 24232000.0000 |
| 200106 | 673417000.0000 | -- | 77895000.0000 | 14598000.0000 |
| 200012 | 1495773000.0000 | -- | 143848000.0000 | 47801000.0000 |
| 200006 | 765205000.0000 | -- | 89364000.0000 | 26753000.0000 |
| 199912 | 1539000000.0000 | -- | 182351000.0000 | 51739000.0000 |