中商官网
研究报告
南华集团控股（HK0413）
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 | 1971426000.0000 | 421523000.0000 | 86536000.0000 | 53783000.0000 | 1770727000.0000 | 630461000.0000 | 1140266000.0000 |
| 2000 | 1944822000.0000 | 269925000.0000 | -44794000.0000 | -24117000.0000 | 1778045000.0000 | 687360000.0000 | 1090685000.0000 |
| 2001 | 1720146000.0000 | 238640000.0000 | -193129000.0000 | -136962000.0000 | 1613313000.0000 | 716601000.0000 | 896712000.0000 |
| 2002 | 1707906000.0000 | 253908000.0000 | 18196000.0000 | 15217000.0000 | 1617826000.0000 | 723752000.0000 | 894074000.0000 |
| 2003 | 3119145000.0000 | 307321000.0000 | 100754000.0000 | 66514000.0000 | 1698053000.0000 | 730929000.0000 | 967124000.0000 |
| 2004 | 3470171000.0000 | 293976000.0000 | 123778000.0000 | 100896000.0000 | 1795736000.0000 | 758041000.0000 | 1037695000.0000 |
| 2005 | 3971834000.0000 | 361517000.0000 | 261831000.0000 | 200772000.0000 | 2066330000.0000 | 830029000.0000 | 1236301000.0000 |
| 2006 | 2070954000.0000 | 247693000.0000 | 321369000.0000 | 333587000.0000 | 2984075000.0000 | 1586469000.0000 | 1397606000.0000 |
| 2007 | 2113362000.0000 | 301564000.0000 | 403284000.0000 | 413820000.0000 | 3088204000.0000 | 1352556000.0000 | 1735648000.0000 |
| 2008 | 1934033000.0000 | 266481000.0000 | 84228000.0000 | 78004000.0000 | 3595936000.0000 | 1688349000.0000 | 1907587000.0000 |
| 2009 | 1893080000.0000 | 351700000.0000 | 390458000.0000 | 383277000.0000 | 3385742000.0000 | 1507732000.0000 | 1878010000.0000 |
| 2010 | 2648673000.0000 | 420884000.0000 | 440925000.0000 | 406654000.0000 | 3949891000.0000 | 1646485000.0000 | 2303406000.0000 |
| 2011 | 3097990000.0000 | 428656000.0000 | 346227000.0000 | 300740000.0000 | 4870301000.0000 | 2069591000.0000 | 2800710000.0000 |
| 2012 | 2354199000.0000 | 305221000.0000 | 380879000.0000 | 329070000.0000 | 8299114000.0000 | 3491302000.0000 | 4807812000.0000 |
| 2013 | 3013518000.0000 | 383480000.0000 | 317099000.0000 | 285604000.0000 | 8843617000.0000 | 4179810000.0000 | 4663807000.0000 |
| 2014 | 3159789000.0000 | 383875000.0000 | 213178000.0000 | 189780000.0000 | 10157016000.0000 | 5132562000.0000 | 5024454000.0000 |
| 2015 | 3406501000.0000 | 504057000.0000 | 237695000.0000 | 156749000.0000 | 11440219000.0000 | 5663718000.0000 | 5776501000.0000 |
| 2016 | 3731153000.0000 | 710109000.0000 | 201281000.0000 | 152142000.0000 | 11736971000.0000 | 6216400000.0000 | 5520571000.0000 |
| 2017 | 3901796000.0000 | 573248000.0000 | 303749000.0000 | 229872000.0000 | 12962218000.0000 | 6824698000.0000 | 6137520000.0000 |
| 2018 | 4228197000.0000 | 576912000.0000 | 193974000.0000 | 140003000.0000 | 13566418000.0000 | 7588871000.0000 | 5977547000.0000 |
| 2019 | 4410438000.0000 | 707537000.0000 | 838793000.0000 | 594040000.0000 | 14644112000.0000 | 8251091000.0000 | 6393021000.0000 |
| 2020 | 4086245000.0000 | 530913000.0000 | 114991000.0000 | 69775000.0000 | 14861253000.0000 | 8177753000.0000 | 6683500000.0000 |
| 2021 | 4724909000.0000 | 535415000.0000 | 86293000.0000 | 30852000.0000 | 15614990000.0000 | 8717395000.0000 | 6897595000.0000 |
| 2022 | 3813722000.0000 | 571265000.0000 | 86936000.0000 | 74734000.0000 | 13537226000.0000 | 7048021000.0000 | 6489205000.0000 |
| 2023 | 2887385000.0000 | 479357000.0000 | -35189000.0000 | -31846000.0000 | 13255285000.0000 | 6965470000.0000 | 6289815000.0000 |
| 2024 | 3231529000.0000 | 475843000.0000 | 50062000.0000 | 696000.0000 | 12965968000.0000 | 6848506000.0000 | 6117462000.0000 |
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 | 21.38 | 6.4300 | 4.89 | 6.5100 | 5.16 | -- | 1.11 |
| 2000 | 13.88 | -0.2700 | -2.52 | -3.0300 | 5.87 | -- | 1.09 |
| 2001 | 13.87 | -10.5600 | -11.97 | -20.7800 | 5.87 | -- | 1.07 |
| 2002 | 14.87 | 1.3400 | 1.12 | 2.2900 | 6.29 | -- | 1.06 |
| 2003 | 9.85 | 3.4100 | 5.93 | 9.1800 | 9.92 | -- | 1.84 |
| 2004 | 8.47 | 3.8700 | 6.89 | 12.4000 | 9.31 | -- | 1.93 |
| 2005 | 9.10 | 5.4300 | 12.67 | 20.3200 | 10.47 | -- | 1.92 |
| 2006 | 11.96 | 13.7900 | 10.77 | 25.5900 | 5.16 | -- | 0.69 |
| 2007 | 14.27 | 9.5200 | 13.06 | 25.2100 | 6.89 | -- | 0.68 |
| 2008 | 13.78 | 4.3900 | 2.34 | 4.4000 | 2.24 | -- | 0.54 |
| 2009 | 18.58 | 10.6200 | 11.53 | 21.3900 | 5.03 | -- | 0.56 |
| 2010 | 15.89 | 9.2800 | 11.16 | 18.4400 | 5.83 | -- | 0.67 |
| 2011 | 13.84 | 4.1100 | 7.11 | 11.2100 | 7.70 | -- | 0.64 |
| 2012 | 12.96 | 4.7200 | 4.59 | 8.2800 | 6.00 | -- | 0.28 |
| 2013 | 12.73 | 2.0600 | 3.59 | 6.8300 | 6.48 | -- | 0.34 |
| 2014 | 12.15 | 1.1700 | 2.10 | 4.0900 | 7.63 | -- | 0.31 |
| 2015 | 14.80 | 6.4200 | 2.08 | 2.8900 | 2.09 | -- | 0.30 |
| 2016 | 19.03 | 5.4200 | 1.71 | 2.9300 | 1.88 | -- | 0.32 |
| 2017 | 14.69 | 7.8000 | 2.34 | 3.9900 | 1.53 | -- | 0.30 |
| 2018 | 13.64 | 4.5800 | 1.43 | 2.4900 | 1.45 | -- | 0.31 |
| 2019 | 16.04 | 19.0100 | 5.73 | 9.7500 | 1.85 | -- | 0.30 |
| 2020 | 12.99 | 2.8300 | 0.77 | 1.1000 | 2.26 | -- | 0.27 |
| 2021 | 11.33 | 1.8300 | 0.55 | 0.4700 | 2.64 | -- | 0.30 |
| 2022 | 14.98 | 2.2800 | 0.64 | 1.2100 | 2.67 | -- | 0.28 |
| 2023 | 16.60 | -1.2100 | -0.27 | -0.5300 | 2.34 | -- | 0.22 |
| 2024 | 14.73 | 1.5500 | 0.39 | 0.0100 | 2.88 | -- | 0.25 |
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 | 35.60 | 64.40 | 1.14 | 0.63 |
| 2000 | 38.66 | 61.34 | 1.12 | 0.68 |
| 2001 | 44.42 | 55.58 | 1.01 | 0.58 |
| 2002 | 44.74 | 55.26 | 1.20 | 0.83 |
| 2003 | 43.05 | 56.95 | 1.14 | 0.70 |
| 2004 | 42.21 | 57.79 | 1.13 | 0.65 |
| 2005 | 40.17 | 59.83 | 1.14 | 0.70 |
| 2006 | 53.16 | 46.84 | 1.05 | 0.73 |
| 2007 | 43.80 | 56.20 | 1.20 | 0.89 |
| 2008 | 46.95 | 53.05 | 1.23 | 0.46 |
| 2009 | 44.53 | 55.47 | 0.98 | 0.70 |
| 2010 | 41.68 | 58.32 | 1.02 | 0.70 |
| 2011 | 42.49 | 57.51 | 1.13 | 0.90 |
| 2012 | 42.07 | 57.93 | 1.02 | 0.82 |
| 2013 | 47.26 | 52.74 | 1.03 | 0.80 |
| 2014 | 50.53 | 49.47 | 1.02 | 0.89 |
| 2015 | 49.51 | 50.49 | 1.40 | 0.94 |
| 2016 | 52.96 | 47.04 | 1.53 | 1.01 |
| 2017 | 52.65 | 47.35 | 1.92 | 1.25 |
| 2018 | 55.94 | 44.06 | 1.26 | 0.65 |
| 2019 | 56.34 | 43.66 | 1.43 | 1.01 |
| 2020 | 55.03 | 44.97 | 1.04 | 0.62 |
| 2021 | 55.83 | 44.17 | 1.15 | 0.75 |
| 2022 | 52.06 | 47.94 | 1.15 | 0.71 |
| 2023 | 52.55 | 47.45 | 0.96 | 0.64 |
| 2024 | 52.82 | 47.18 | 0.93 | 0.65 |
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 | 1549903000.0000 | -- | 249051000.0000 | 20152000.0000 |
| 2000 | 1674897000.0000 | -- | 229039000.0000 | 21983000.0000 |
| 2001 | 1481506000.0000 | -- | 17730000.0000 | 10776000.0000 |
| 2002 | 1453998000.0000 | -- | 177213000.0000 | 4863000.0000 |
| 2003 | 2811824000.0000 | -- | 217403000.0000 | 4244000.0000 |
| 2004 | 3176195000.0000 | -- | 219023000.0000 | 9675000.0000 |
| 2005 | 3610317000.0000 | -- | 264787000.0000 | 18108000.0000 |
| 2006 | 1823261000.0000 | -- | 239315000.0000 | 27261000.0000 |
| 2007 | 1811798000.0000 | -- | 282254000.0000 | 24560000.0000 |
| 2008 | 1667552000.0000 | -- | 294461000.0000 | 21015000.0000 |
| 2009 | 1541380000.0000 | -- | 274211000.0000 | 16337000.0000 |
| 2010 | 2227789000.0000 | -- | 309110000.0000 | 28837000.0000 |
| 2011 | 2669334000.0000 | -- | 317607000.0000 | 20505000.0000 |
| 2012 | 2048978000.0000 | -- | 354311000.0000 | 84821000.0000 |
| 2013 | 2630038000.0000 | -- | 381792000.0000 | 51336000.0000 |
| 2014 | 2775914000.0000 | -- | 440989000.0000 | 94298000.0000 |
| 2015 | 2902444000.0000 | -- | 513415000.0000 | 117163000.0000 |
| 2016 | 3021044000.0000 | -- | 543836000.0000 | 120622000.0000 |
| 2017 | 3328548000.0000 | -- | 518370000.0000 | 127048000.0000 |
| 2018 | 3651285000.0000 | -- | 542465000.0000 | 151278000.0000 |
| 2019 | 3702901000.0000 | -- | 539989000.0000 | 204067000.0000 |
| 2020 | 3555332000.0000 | -- | 368126000.0000 | 192949000.0000 |
| 2021 | 4189494000.0000 | -- | 445268000.0000 | 169628000.0000 |
| 2022 | 3242457000.0000 | -- | 310370000.0000 | 205252000.0000 |
| 2023 | 2408028000.0000 | -- | 334733000.0000 | 266745000.0000 |
| 2024 | 2755686000.0000 | -- | 310260000.0000 | 248252000.0000 |