中商官网
研究报告
方正控股（HK0418）
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 | 1583073000.0000 | 200163000.0000 | -222451000.0000 | -223071000.0000 | 1159484000.0000 | 599213000.0000 | 560271000.0000 |
| 2000 | 2087853000.0000 | 434420000.0000 | 179620000.0000 | 181006000.0000 | 1484113000.0000 | 686046000.0000 | 798067000.0000 |
| 2001 | 1669883000.0000 | 86599000.0000 | -391751000.0000 | -383966000.0000 | 1095959000.0000 | 661773000.0000 | 434186000.0000 |
| 2002 | 1442015000.0000 | 257464000.0000 | -278463000.0000 | -275844000.0000 | 820195000.0000 | 471936000.0000 | 348259000.0000 |
| 2003 | 1553796000.0000 | 276916000.0000 | -3825000.0000 | 7215000.0000 | 960702000.0000 | 532051000.0000 | 428651000.0000 |
| 2004 | 2013831000.0000 | 276297000.0000 | -19935000.0000 | -27183000.0000 | 1086496000.0000 | 677105000.0000 | 409391000.0000 |
| 2005 | 2593915000.0000 | 309875000.0000 | 66296000.0000 | 47929000.0000 | 1322509000.0000 | 851615000.0000 | 470894000.0000 |
| 2006 | 2115920000.0000 | 299041000.0000 | 37282000.0000 | 25911000.0000 | 792016000.0000 | 383135000.0000 | 408881000.0000 |
| 2007 | 784211000.0000 | 206103000.0000 | -50448000.0000 | -50928000.0000 | 860589000.0000 | 482769000.0000 | 377820000.0000 |
| 2008 | 1285617000.0000 | 253536000.0000 | 23778000.0000 | 23535000.0000 | 1052621000.0000 | 647470000.0000 | 405151000.0000 |
| 2009 | 1912093000.0000 | 278890000.0000 | 23545000.0000 | 23155000.0000 | 1376031000.0000 | 887215000.0000 | 488816000.0000 |
| 2010 | 2240732000.0000 | 306615000.0000 | 65560000.0000 | 62823000.0000 | 1288093000.0000 | 698827000.0000 | 589266000.0000 |
| 2011 | 1647234000.0000 | 348528000.0000 | 53595000.0000 | 49913000.0000 | 1341682000.0000 | 677134000.0000 | 664548000.0000 |
| 2012 | 2130753000.0000 | 422754000.0000 | 47733000.0000 | 44523000.0000 | 1505836000.0000 | 731613000.0000 | 774223000.0000 |
| 2013 | 1291015000.0000 | 366607000.0000 | 94674000.0000 | 86241000.0000 | 1609332000.0000 | 659061000.0000 | 950271000.0000 |
| 2014 | 1079869000.0000 | 363480000.0000 | 10790000.0000 | 6381000.0000 | 1692087000.0000 | 730562000.0000 | 961525000.0000 |
| 2015 | 963628000.0000 | 397975000.0000 | 25530000.0000 | 7382000.0000 | 1658491000.0000 | 677279000.0000 | 981212000.0000 |
| 2016 | 1035410000.0000 | 423859000.0000 | 44156000.0000 | 40235000.0000 | 1583047000.0000 | 610128000.0000 | 972919000.0000 |
| 2017 | 993493000.0000 | 438783000.0000 | 91226000.0000 | 89836000.0000 | 1823382000.0000 | 684248000.0000 | 1139134000.0000 |
| 2018 | 1058857000.0000 | 516124000.0000 | 88477000.0000 | 87336000.0000 | 1811099000.0000 | 625398000.0000 | 1185701000.0000 |
| 2019 | 1058424000.0000 | 521638000.0000 | -349529000.0000 | -238790000.0000 | 1509142000.0000 | 567760000.0000 | 941382000.0000 |
| 2020 | 936545000.0000 | 443856000.0000 | 52229000.0000 | 53897000.0000 | 1515608000.0000 | 469358000.0000 | 1046250000.0000 |
| 2021 | 1073838000.0000 | 515090000.0000 | 43198000.0000 | 43484000.0000 | 1566812000.0000 | 473409000.0000 | 1093403000.0000 |
| 2022 | 957578000.0000 | 489913000.0000 | 154225000.0000 | 34751000.0000 | 1483734000.0000 | 433666000.0000 | 1050068000.0000 |
| 2023 | 982029000.0000 | 484870000.0000 | 58047000.0000 | 59756000.0000 | 1466417000.0000 | 366329000.0000 | 1100088000.0000 |
| 2024 | 924854000.0000 | 454335000.0000 | 46272000.0000 | 47856000.0000 | 1444484000.0000 | 324562000.0000 | 1119922000.0000 |
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 | 12.64 | -14.4100 | -19.19 | -39.9900 | 4.89 | -- | 1.37 |
| 2000 | 20.81 | 8.8500 | 12.10 | 23.5500 | 4.32 | -- | 1.41 |
| 2001 | 5.19 | -21.8700 | -35.75 | -94.0300 | 5.22 | -- | 1.52 |
| 2002 | 17.85 | -18.1600 | -33.95 | -82.9500 | 12.19 | -- | 1.76 |
| 2003 | 17.82 | -0.5600 | -0.40 | 2.1100 | 10.15 | -- | 1.62 |
| 2004 | 13.72 | -1.0900 | -1.83 | -8.6100 | 10.72 | -- | 1.85 |
| 2005 | 11.95 | 2.1600 | 5.01 | 13.0200 | 13.35 | -- | 1.96 |
| 2006 | 14.13 | 1.6100 | 4.71 | 6.4200 | 52.50 | -- | 2.67 |
| 2007 | 26.28 | -7.0000 | -5.86 | -13.7000 | 15.79 | -- | 0.91 |
| 2008 | 19.72 | 1.3200 | 2.26 | 5.8200 | 56.26 | -- | 1.22 |
| 2009 | 14.59 | 0.5900 | 1.71 | 4.7400 | 61.98 | -- | 1.39 |
| 2010 | 13.68 | 2.6500 | 5.09 | 10.6800 | 56.21 | -- | 1.74 |
| 2011 | 21.16 | 3.3500 | 3.99 | 7.5200 | 21.02 | -- | 1.23 |
| 2012 | 19.84 | 2.1800 | 3.17 | 5.7500 | 41.68 | -- | 1.41 |
| 2013 | 28.40 | 7.2100 | 5.88 | 9.0800 | 18.50 | -- | 0.80 |
| 2014 | 33.66 | 0.9900 | 0.64 | 0.6600 | 10.06 | -- | 0.64 |
| 2015 | 41.30 | 2.6700 | 1.54 | 0.7500 | 7.32 | -- | 0.58 |
| 2016 | 40.94 | 4.2700 | 2.79 | 4.1400 | 10.01 | -- | 0.65 |
| 2017 | 44.17 | 9.1600 | 5.00 | 7.8900 | 5.34 | -- | 0.54 |
| 2018 | 48.74 | 8.3800 | 4.89 | 7.3700 | 5.80 | -- | 0.58 |
| 2019 | 49.28 | -33.0400 | -23.16 | -25.3700 | 7.55 | -- | 0.70 |
| 2020 | 47.39 | 5.5600 | 3.45 | 5.1500 | 6.53 | -- | 0.62 |
| 2021 | 47.97 | 4.0200 | 2.76 | 3.9800 | 5.07 | -- | 0.69 |
| 2022 | 51.16 | 16.1400 | 10.39 | 3.3100 | 5.29 | -- | 0.65 |
| 2023 | 49.37 | 5.9400 | 3.96 | 5.4300 | 5.53 | -- | 0.67 |
| 2024 | 49.13 | 4.9800 | 3.20 | 4.2700 | 6.36 | -- | 0.64 |
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 | 51.68 | 48.32 | 1.71 | 1.24 |
| 2000 | 46.23 | 53.77 | 1.84 | 1.28 |
| 2001 | 60.38 | 39.62 | 1.37 | 0.91 |
| 2002 | 57.54 | 42.46 | 1.40 | 1.19 |
| 2003 | 55.38 | 44.62 | 1.53 | 1.29 |
| 2004 | 62.32 | 37.68 | 1.41 | 1.17 |
| 2005 | 64.39 | 35.61 | 1.39 | 1.19 |
| 2006 | 48.37 | 51.63 | 1.58 | 1.48 |
| 2007 | 56.10 | 43.90 | 1.39 | 1.32 |
| 2008 | 61.51 | 38.49 | 1.33 | 1.30 |
| 2009 | 64.48 | 35.52 | 1.25 | 1.22 |
| 2010 | 54.25 | 45.75 | 1.39 | 1.34 |
| 2011 | 50.47 | 49.53 | 1.64 | 1.54 |
| 2012 | 48.59 | 51.41 | 1.64 | 1.59 |
| 2013 | 40.95 | 59.05 | 1.86 | 1.79 |
| 2014 | 43.18 | 56.82 | 1.81 | 1.71 |
| 2015 | 40.84 | 59.16 | 1.87 | 1.75 |
| 2016 | 38.54 | 61.46 | 2.07 | 1.96 |
| 2017 | 37.53 | 62.47 | 2.11 | 1.94 |
| 2018 | 34.53 | 65.47 | 2.31 | 2.14 |
| 2019 | 37.62 | 62.38 | 1.78 | 1.64 |
| 2020 | 30.97 | 69.03 | 2.21 | 2.02 |
| 2021 | 30.21 | 69.79 | 2.31 | 2.05 |
| 2022 | 29.23 | 70.77 | 2.78 | 2.55 |
| 2023 | 24.98 | 75.02 | 3.39 | 3.11 |
| 2024 | 22.47 | 77.53 | 3.93 | 3.67 |
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 | 1382910000.0000 | -- | 171088000.0000 | 9552000.0000 |
| 2000 | 1653433000.0000 | -- | 186843000.0000 | 9065000.0000 |
| 2001 | 1583284000.0000 | -- | 186397000.0000 | 12104000.0000 |
| 2002 | 1184551000.0000 | -- | 132674000.0000 | 4607000.0000 |
| 2003 | 1276880000.0000 | -- | 128564000.0000 | 2071000.0000 |
| 2004 | 1737534000.0000 | -- | 138947000.0000 | 875000.0000 |
| 2005 | 2284040000.0000 | -- | 107374000.0000 | 1142000.0000 |
| 2006 | 1816879000.0000 | -- | 94621000.0000 | 1480000.0000 |
| 2007 | 578108000.0000 | -- | 93662000.0000 | 681000.0000 |
| 2008 | 1032081000.0000 | -- | 76427000.0000 | 2168000.0000 |
| 2009 | 1633203000.0000 | -- | 67269000.0000 | 2902000.0000 |
| 2010 | 1934117000.0000 | -- | 67115000.0000 | 6339000.0000 |
| 2011 | 1298706000.0000 | -- | 57788000.0000 | 4122000.0000 |
| 2012 | 1707999000.0000 | -- | 68233000.0000 | 9396000.0000 |
| 2013 | 924408000.0000 | -- | 64872000.0000 | 7778000.0000 |
| 2014 | 716389000.0000 | -- | 76915000.0000 | 8599000.0000 |
| 2015 | 565653000.0000 | -- | 90563000.0000 | 8150000.0000 |
| 2016 | 611551000.0000 | -- | 92113000.0000 | 7570000.0000 |
| 2017 | 554710000.0000 | -- | 92987000.0000 | 6571000.0000 |
| 2018 | 542733000.0000 | -- | 97383000.0000 | 7882000.0000 |
| 2019 | 536786000.0000 | -- | 96167000.0000 | 9538000.0000 |
| 2020 | 492689000.0000 | -- | 81824000.0000 | 1594000.0000 |
| 2021 | 558748000.0000 | -- | 88790000.0000 | 169000.0000 |
| 2022 | 467665000.0000 | -- | 94864000.0000 | 318000.0000 |
| 2023 | 497159000.0000 | -- | 75525000.0000 | 163000.0000 |
| 2024 | 470519000.0000 | -- | 64258000.0000 | 115000.0000 |