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 （%) |
| 202306 | 373048000.0000 | 15.43 | 174091000.0000 | 13.04 | -27654000.0000 | -57.26 | -26887000.0000 | -57.37 |
| 202212 | 957578000.0000 | -10.83 | 489913000.0000 | -4.89 | 154225000.0000 | 257.02 | 34751000.0000 | -20.08 |
| 202206 | 323193000.0000 | -28.93 | 154012000.0000 | -25.78 | -64699000.0000 | 373.19 | -63072000.0000 | 281.42 |
| 202112 | 1073838000.0000 | 14.66 | 515090000.0000 | 16.05 | 43198000.0000 | -17.29 | 43484000.0000 | -19.32 |
| 202106 | 454747000.0000 | 56.48 | 207503000.0000 | 56.34 | -13673000.0000 | -53.08 | -16536000.0000 | -39.20 |
| 202012 | 936545000.0000 | -11.52 | 443856000.0000 | -14.91 | 52229000.0000 | -114.94 | 53897000.0000 | -122.57 |
| 202006 | 290606000.0000 | -31.41 | 132726000.0000 | -35.47 | -29140000.0000 | -2140.62 | -27199000.0000 | -902.33 |
| 201912 | 1058424000.0000 | -0.04 | 521638000.0000 | 1.07 | -349529000.0000 | -495.05 | -238790000.0000 | -373.42 |
| 201906 | 423692000.0000 | -3.21 | 205680000.0000 | 2.50 | 1428000.0000 | -117.94 | 3390000.0000 | -141.28 |
| 201812 | 1058857000.0000 | 6.58 | 516124000.0000 | 17.63 | 88477000.0000 | -3.01 | 87336000.0000 | -2.78 |
| 201806 | 437752000.0000 | 20.24 | 200658000.0000 | 35.68 | -7959000.0000 | -424.06 | -8212000.0000 | -669.49 |
| 201712 | 993493000.0000 | -4.05 | 438783000.0000 | 3.52 | 91226000.0000 | 106.60 | 89836000.0000 | 123.28 |
| 201706 | 364064000.0000 | -12.36 | 147887000.0000 | -7.81 | 2456000.0000 | -2.66 | 1442000.0000 | -168.24 |
| 201612 | 1035410000.0000 | 7.45 | 423859000.0000 | 6.50 | 44156000.0000 | 72.96 | 40235000.0000 | 445.04 |
| 201606 | 415387000.0000 | 4.26 | 160418000.0000 | 11.64 | 2523000.0000 | -112.19 | -2113000.0000 | -94.52 |
| 201512 | 963628000.0000 | -10.76 | 397975000.0000 | 9.49 | 25530000.0000 | 136.61 | 7382000.0000 | 15.69 |
| 201506 | 398415000.0000 | -7.38 | 143690000.0000 | 1.07 | -20697000.0000 | -15.73 | -38538000.0000 | 33.71 |
| 201412 | 1079869000.0000 | -16.36 | 363480000.0000 | -0.85 | 10790000.0000 | -88.60 | 6381000.0000 | -92.60 |
| 201406 | 430180000.0000 | -14.43 | 142170000.0000 | 8.33 | -24560000.0000 | -52.86 | -28823000.0000 | -45.33 |
| 201312 | 1291015000.0000 | -39.41 | 366607000.0000 | -13.28 | 94674000.0000 | 98.34 | 86241000.0000 | 93.70 |
| 201306 | 502701000.0000 | -27.30 | 131238000.0000 | -10.75 | -52101000.0000 | 186.84 | -52724000.0000 | 190.03 |
| 201212 | 2130753000.0000 | 29.35 | 422754000.0000 | 21.30 | 47733000.0000 | -10.94 | 44523000.0000 | -10.80 |
| 201206 | 691438000.0000 | -9.22 | 147041000.0000 | -2.52 | -18164000.0000 | -165.27 | -18179000.0000 | -175.04 |
| 201112 | 1647234000.0000 | -26.49 | 348528000.0000 | 13.67 | 53595000.0000 | -18.25 | 49913000.0000 | -20.55 |
| 201106 | 761622000.0000 | -24.38 | 150848000.0000 | 24.59 | 27827000.0000 | 5476.55 | 24225000.0000 | -2647.32 |
| 201012 | 2240732000.0000 | 17.19 | 306615000.0000 | 9.94 | 65560000.0000 | 178.45 | 62823000.0000 | 171.32 |
| 201006 | 1007139000.0000 | 47.08 | 121078000.0000 | 24.84 | 499000.0000 | -103.29 | -951000.0000 | -93.77 |
| 200912 | 1912093000.0000 | 48.73 | 278890000.0000 | 10.00 | 23545000.0000 | -0.98 | 23155000.0000 | -1.61 |
| 200906 | 684749000.0000 | 43.49 | 96989000.0000 | -11.41 | -15182000.0000 | 194.91 | -15258000.0000 | 179.50 |
| 200812 | 1285617000.0000 | 63.94 | 253536000.0000 | 23.01 | 23778000.0000 | -147.13 | 23535000.0000 | -146.21 |
| 200806 | 477224000.0000 | 70.51 | 109479000.0000 | 57.51 | -5148000.0000 | -89.92 | -5459000.0000 | -89.34 |
| 200712 | 784211000.0000 | -62.94 | 206103000.0000 | -31.08 | -50448000.0000 | -235.31 | -50928000.0000 | -296.55 |
| 200706 | 279879000.0000 | -80.12 | 69507000.0000 | -48.82 | -51084000.0000 | 96.50 | -51193000.0000 | 56.87 |
| 200612 | 2115920000.0000 | -18.43 | 299041000.0000 | -3.50 | 37282000.0000 | -43.76 | 25911000.0000 | -45.94 |
| 200606 | 1407731000.0000 | 24.38 | 135815000.0000 | 10.32 | -25997000.0000 | -250.68 | -32634000.0000 | -365.06 |
| 200512 | 2593915000.0000 | 28.80 | 309875000.0000 | 12.15 | 66296000.0000 | -432.56 | 47929000.0000 | -276.32 |
| 200506 | 1131791000.0000 | 29.36 | 123114000.0000 | -0.46 | 17253000.0000 | -2425.20 | 12312000.0000 | -4435.21 |
| 200412 | 2013831000.0000 | 29.61 | 276297000.0000 | -0.22 | -19935000.0000 | 421.18 | -27183000.0000 | -476.76 |
| 200406 | 874912000.0000 | 40.91 | 123688000.0000 | 4.15 | -742000.0000 | -93.54 | -284000.0000 | -94.58 |
| 200312 | 1553796000.0000 | 7.75 | 276916000.0000 | 7.56 | -3825000.0000 | -98.63 | 7215000.0000 | -102.62 |
| 200306 | 620918000.0000 | -5.78 | 118762000.0000 | -6.57 | -11481000.0000 | -79.39 | -5242000.0000 | -90.39 |
| 200212 | 1442015000.0000 | -13.65 | 257464000.0000 | 197.31 | -278463000.0000 | -28.92 | -275844000.0000 | -28.16 |
| 200206 | 658990000.0000 | -27.56 | 127119000.0000 | 9.23 | -55698000.0000 | -54.22 | -54527000.0000 | -54.50 |
| 200112 | 1669883000.0000 | -20.02 | 86599000.0000 | -80.07 | -391751000.0000 | -318.10 | -383966000.0000 | -312.13 |
| 200106 | 909727000.0000 | 3.01 | 116376000.0000 | -47.44 | -121669000.0000 | -340.54 | -119827000.0000 | -335.01 |
| 200012 | 2087853000.0000 | 31.89 | 434420000.0000 | 117.03 | 179620000.0000 | -180.75 | 181006000.0000 | -181.14 |
| 200006 | 883116000.0000 | -- | 221397000.0000 | -- | 50582000.0000 | -- | 50987000.0000 | -- |
| 199912 | 1583073000.0000 | -- | 200163000.0000 | -- | -222451000.0000 | -- | -223071000.0000 | -- |
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) |
| 202306 | 46.67 | -- | -2.03 | -2.69 | 1.65 | -- | 0.27 |
| 202212 | 51.16 | -- | 10.39 | 3.31 | 5.29 | -- | 0.65 |
| 202206 | 47.65 | -- | -4.66 | -6.3 | 1.21 | -- | 0.23 |
| 202112 | 47.97 | -- | 2.76 | 3.98 | 5.07 | -- | 0.69 |
| 202106 | 45.63 | -- | -0.93 | -1.6 | 2.14 | -- | 0.31 |
| 202012 | 47.39 | -- | 3.45 | 5.15 | 6.53 | -- | 0.62 |
| 202006 | 45.67 | -- | -2.29 | -2.98 | 1.68 | -- | 0.23 |
| 201912 | 49.28 | -- | -23.16 | -25.37 | 7.55 | -- | 0.70 |
| 201906 | 48.54 | -- | 0.08 | 0.29 | 2.71 | -- | 0.24 |
| 201812 | 48.74 | -- | 4.89 | 7.37 | 5.80 | -- | 0.58 |
| 201806 | 45.84 | -- | -0.47 | -0.73 | 2.70 | -- | 0.26 |
| 201712 | 44.17 | -- | 5.00 | 7.89 | 5.34 | -- | 0.54 |
| 201706 | 40.62 | -- | 0.16 | 0.15 | 2.77 | -- | 0.24 |
| 201612 | 40.94 | -- | 2.79 | 4.14 | 10.01 | -- | 0.65 |
| 201606 | 38.62 | -- | 0.16 | -0.22 | 3.36 | -- | 0.26 |
| 201512 | 41.30 | -- | 1.54 | 0.75 | 7.32 | -- | 0.58 |
| 201506 | 36.07 | -- | -1.34 | -4.18 | 3.67 | -- | 0.26 |
| 201412 | 33.66 | -- | 0.64 | 0.66 | 10.06 | -- | 0.64 |
| 201406 | 33.05 | -- | -1.74 | -3.18 | 6.31 | -- | 0.30 |
| 201312 | 28.40 | -- | 5.88 | 9.08 | 18.50 | -- | 0.80 |
| 201306 | 26.11 | -- | -3.79 | -7.24 | 7.20 | -- | 0.37 |
| 201212 | 19.84 | -- | 3.17 | 5.75 | 41.68 | -- | 1.41 |
| 201206 | 21.27 | -- | -1.23 | -2.82 | 10.78 | -- | 0.47 |
| 201112 | 21.16 | -- | 3.99 | 7.52 | 21.02 | -- | 1.23 |
| 201106 | 19.81 | -- | 2.54 | 3.9 | 9.80 | -- | 0.70 |
| 201012 | 13.68 | -- | 5.09 | 10.68 | 56.21 | -- | 1.74 |
| 201006 | 12.02 | -- | 0.04 | -0.19 | 19.64 | -- | 0.72 |
| 200912 | 14.59 | -- | 1.71 | 4.74 | 61.98 | -- | 1.39 |
| 200906 | 14.16 | -- | -1.29 | -3.9 | 13.67 | -- | 0.58 |
| 200812 | 19.72 | -- | 2.26 | 5.82 | 56.26 | -- | 1.22 |
| 200806 | 22.94 | -- | -0.50 | -1.43 | 11.46 | -- | 0.46 |
| 200712 | 26.28 | -- | -5.86 | -13.7 | 15.79 | -- | 0.91 |
| 200706 | 24.83 | -- | -6.70 | -14.25 | 8.09 | -- | 0.37 |
| 200612 | 14.13 | -- | 4.71 | 6.42 | 52.50 | -- | 2.67 |
| 200606 | 9.65 | -- | -2.00 | -9.66 | 6.47 | -- | 1.08 |
| 200512 | 11.95 | -- | 5.01 | 13.02 | 13.35 | -- | 1.96 |
| 200506 | 10.88 | -- | 1.64 | 3.77 | 6.12 | -- | 1.08 |
| 200412 | 13.72 | -- | -1.83 | -8.61 | 10.72 | -- | 1.85 |
| 200406 | 14.14 | -- | -0.08 | -0.08 | 4.73 | -- | 0.91 |
| 200312 | 17.82 | -- | -0.40 | 2.11 | 10.15 | -- | 1.62 |
| 200306 | 19.13 | -- | -1.45 | -1.64 | 3.11 | -- | 0.78 |
| 200212 | 17.85 | -- | -33.95 | -82.95 | 12.19 | -- | 1.76 |
| 200206 | 19.29 | -- | -5.99 | -15.31 | 2.02 | -- | 0.71 |
| 200112 | 5.19 | -- | -35.75 | -94.03 | 5.22 | -- | 1.52 |
| 200106 | 12.79 | -- | -9.96 | -18.62 | 2.59 | -- | 0.74 |
| 200012 | 20.81 | -- | 12.10 | 23.55 | 4.32 | -- | 1.41 |
| 200006 | 25.07 | -- | -- | -- | -- | -- | -- |
| 199912 | 12.64 | -- | -19.19 | -39.99 | 4.89 | -- | 1.37 |
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 |
| 202306 | 26.51 | 73.49 | -- | -- |
| 202212 | 29.23 | 70.77 | -- | -- |
| 202206 | 28.01 | 71.99 | -- | -- |
| 202112 | 30.21 | 69.79 | -- | -- |
| 202106 | 29.64 | 70.36 | -- | -- |
| 202012 | 30.97 | 69.03 | -- | -- |
| 202006 | 28.27 | 71.73 | -- | -- |
| 201912 | 37.62 | 62.38 | -- | -- |
| 201906 | 32.33 | 67.67 | -- | -- |
| 201812 | 34.53 | 65.47 | -- | -- |
| 201806 | 34.09 | 65.91 | -- | -- |
| 201712 | 37.53 | 62.47 | -- | -- |
| 201706 | 34.43 | 65.57 | -- | -- |
| 201612 | 38.54 | 61.46 | -- | -- |
| 201606 | 39.90 | 60.10 | -- | -- |
| 201512 | 40.84 | 59.16 | -- | -- |
| 201506 | 40.06 | 59.94 | -- | -- |
| 201412 | 43.18 | 56.82 | -- | -- |
| 201406 | 35.84 | 64.16 | -- | -- |
| 201312 | 40.95 | 59.05 | -- | -- |
| 201306 | 47.03 | 52.97 | -- | -- |
| 201212 | 48.59 | 51.41 | -- | -- |
| 201206 | 56.22 | 43.78 | -- | -- |
| 201112 | 50.47 | 49.53 | -- | -- |
| 201106 | 43.19 | 56.81 | -- | -- |
| 201012 | 54.25 | 45.75 | -- | -- |
| 201006 | 65.01 | 34.99 | -- | -- |
| 200912 | 64.48 | 35.52 | -- | -- |
| 200906 | 66.76 | 33.24 | -- | -- |
| 200812 | 61.51 | 38.49 | -- | -- |
| 200806 | 62.50 | 37.50 | -- | -- |
| 200712 | 56.10 | 43.90 | -- | -- |
| 200706 | 52.15 | 47.85 | -- | -- |
| 200612 | 48.37 | 51.63 | -- | -- |
| 200606 | 65.69 | 34.31 | -- | -- |
| 200512 | 64.39 | 35.61 | -- | -- |
| 200506 | 60.07 | 39.93 | -- | -- |
| 200412 | 62.32 | 37.68 | -- | -- |
| 200406 | 55.30 | 44.70 | -- | -- |
| 200312 | 55.38 | 44.62 | -- | -- |
| 200306 | 58.43 | 41.57 | -- | -- |
| 200212 | 57.54 | 42.46 | -- | -- |
| 200206 | 59.02 | 40.98 | -- | -- |
| 200112 | 60.38 | 39.62 | -- | -- |
| 200106 | 45.23 | 54.77 | -- | -- |
| 200012 | 46.23 | 53.77 | -- | -- |
| 200006 | -- | -- | -- | -- |
| 199912 | 51.68 | 48.32 | -- | -- |
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) |
| 202306 | 198957000.0000 | -- | 35428000.0000 | 89000.0000 |
| 202212 | 467665000.0000 | -- | 94864000.0000 | 318000.0000 |
| 202206 | 169181000.0000 | -- | 40189000.0000 | 165000.0000 |
| 202112 | 558748000.0000 | -- | 88790000.0000 | 169000.0000 |
| 202106 | 247244000.0000 | -- | 35024000.0000 | 49000.0000 |
| 202012 | 492689000.0000 | -- | 81824000.0000 | 1594000.0000 |
| 202006 | 157880000.0000 | -- | 34741000.0000 | 1406000.0000 |
| 201912 | 536786000.0000 | -- | 96167000.0000 | 9538000.0000 |
| 201906 | 218012000.0000 | -- | 37250000.0000 | 4470000.0000 |
| 201812 | 542733000.0000 | -- | 97383000.0000 | 7882000.0000 |
| 201806 | 237094000.0000 | -- | 34084000.0000 | 4006000.0000 |
| 201712 | 554710000.0000 | -- | 92987000.0000 | 6571000.0000 |
| 201706 | 216177000.0000 | -- | 28324000.0000 | 3135000.0000 |
| 201612 | 611551000.0000 | -- | 92113000.0000 | 7570000.0000 |
| 201606 | 254969000.0000 | -- | 33648000.0000 | 3866000.0000 |
| 201512 | 565653000.0000 | -- | 90563000.0000 | 8150000.0000 |
| 201506 | 254725000.0000 | -- | 36261000.0000 | 4546000.0000 |
| 201412 | 716389000.0000 | -- | 76915000.0000 | 8599000.0000 |
| 201406 | 288010000.0000 | -- | 32176000.0000 | 4621000.0000 |
| 201312 | 924408000.0000 | -- | 64872000.0000 | 7778000.0000 |
| 201306 | 371463000.0000 | -- | 30639000.0000 | 3610000.0000 |
| 201212 | 1707999000.0000 | -- | 68233000.0000 | 9396000.0000 |
| 201206 | 544397000.0000 | -- | 34992000.0000 | 5139000.0000 |
| 201112 | 1298706000.0000 | -- | 57788000.0000 | 4122000.0000 |
| 201106 | 610774000.0000 | -- | 27093000.0000 | 1531000.0000 |
| 201012 | 1934117000.0000 | -- | 67115000.0000 | 6339000.0000 |
| 201006 | 886061000.0000 | -- | 34523000.0000 | 2923000.0000 |
| 200912 | 1633203000.0000 | -- | 67269000.0000 | 2902000.0000 |
| 200906 | 587760000.0000 | -- | 31573000.0000 | 1052000.0000 |
| 200812 | 1032081000.0000 | -- | 76427000.0000 | 2168000.0000 |
| 200806 | 367745000.0000 | -- | 30420000.0000 | 1180000.0000 |
| 200712 | 578108000.0000 | -- | 93662000.0000 | 681000.0000 |
| 200706 | 210372000.0000 | -- | 40809000.0000 | 121000.0000 |
| 200612 | 1816879000.0000 | -- | 94621000.0000 | 1480000.0000 |
| 200606 | 1271916000.0000 | -- | 54485000.0000 | 1070000.0000 |
| 200512 | 2284040000.0000 | -- | 107374000.0000 | 1142000.0000 |
| 200506 | 1008677000.0000 | -- | 61338000.0000 | 490000.0000 |
| 200412 | 1737534000.0000 | -- | 138947000.0000 | 875000.0000 |
| 200406 | 751224000.0000 | -- | 60823000.0000 | 165000.0000 |
| 200312 | 1276880000.0000 | -- | 128564000.0000 | 2071000.0000 |
| 200306 | 502156000.0000 | -- | 62628000.0000 | 437000.0000 |
| 200212 | 1184551000.0000 | -- | 132674000.0000 | 4607000.0000 |
| 200206 | 531871000.0000 | -- | 75177000.0000 | 3695000.0000 |
| 200112 | 1583284000.0000 | -- | 186397000.0000 | 12104000.0000 |
| 200106 | 793351000.0000 | -- | 95099000.0000 | 5792000.0000 |
| 200012 | 1653433000.0000 | -- | 186843000.0000 | 9065000.0000 |
| 200006 | 661719000.0000 | -- | 82461000.0000 | 5001000.0000 |
| 199912 | 1382910000.0000 | -- | 171088000.0000 | 9552000.0000 |