中商官网
研究报告
四环医药（HK0460）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产合计 （元) |
负债合计 （元) |
权益合计 （元) |
| 2007 | 286349000.0000 | 225823000.0000 | 184452000.0000 | 179266000.0000 | 630546000.0000 | 105733000.0000 | 524813000.0000 |
| 2008 | 510048000.0000 | 376497000.0000 | 287069000.0000 | 237059000.0000 | 862051000.0000 | 146191000.0000 | 715860000.0000 |
| 2009 | 708907000.0000 | 516992000.0000 | 381026000.0000 | 326316000.0000 | 1173442000.0000 | 249255000.0000 | 924187000.0000 |
| 2010 | 1036881000.0000 | 744743000.0000 | 635083000.0000 | 522065000.0000 | 6902452000.0000 | 242923000.0000 | 6659529000.0000 |
| 2011 | 2242063000.0000 | 1714464000.0000 | 1044856000.0000 | 824048000.0000 | 8854098000.0000 | 1860155000.0000 | 6993943000.0000 |
| 2012 | 3042531000.0000 | 2289415000.0000 | 1165541000.0000 | 904402000.0000 | 9459444000.0000 | 2272189000.0000 | 7187255000.0000 |
| 2013 | 2586402000.0000 | 1455469000.0000 | 1602624000.0000 | 1284882000.0000 | 10097075000.0000 | 2160131000.0000 | 7936944000.0000 |
| 2014 | 3084236000.0000 | 2111422000.0000 | 2073423000.0000 | 1671281000.0000 | 11322983000.0000 | 1916970000.0000 | 9406013000.0000 |
| 2015 | 3167211000.0000 | 2228054000.0000 | 2841746000.0000 | 2062378000.0000 | 12321007000.0000 | 1129275000.0000 | 11191732000.0000 |
| 2016 | 3185699000.0000 | 2188946000.0000 | 2152570000.0000 | 1708239000.0000 | 12187604000.0000 | 1216511000.0000 | 10971093000.0000 |
| 2017 | 2745809000.0000 | 1986853000.0000 | 1729075000.0000 | 1448935000.0000 | 13591863000.0000 | 2255793000.0000 | 11336070000.0000 |
| 2018 | 2917405000.0000 | 2379088000.0000 | 2012165000.0000 | 1619956000.0000 | 15443475000.0000 | 2669112000.0000 | 12774363000.0000 |
| 2019 | 2886979000.0000 | 2294927000.0000 | -2466923000.0000 | -2753332000.0000 | 12571436000.0000 | 2629242000.0000 | 9942194000.0000 |
| 2020 | 2473094000.0000 | 1919963000.0000 | 730927000.0000 | 473382000.0000 | 13043926000.0000 | 3095201000.0000 | 9948725000.0000 |
| 2021 | 3291270000.0000 | 2448516000.0000 | 486049000.0000 | 416509000.0000 | 14495623000.0000 | 5345557000.0000 | 9150066000.0000 |
| 2022 | 2380663000.0000 | 1527917000.0000 | -2086341000.0000 | -1914918000.0000 | 12140551000.0000 | 6500725000.0000 | 5639826000.0000 |
| 2023 | 1860539000.0000 | 1295644000.0000 | -161260000.0000 | -54017000.0000 | 11535430000.0000 | 6398406000.0000 | 5137024000.0000 |
| 2024 | 1901109000.0000 | 1241710000.0000 | -428288000.0000 | -216662000.0000 | 10531517000.0000 | 5582213000.0000 | 4949304000.0000 |
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) |
| 2007 | 78.86 | 64.4200 | 29.25 | 34.1600 | 2.64 | -- | 0.45 |
| 2008 | 73.82 | 54.2400 | 33.30 | 33.8100 | 3.39 | -- | 0.59 |
| 2009 | 72.93 | 53.4200 | 32.47 | 35.9600 | 4.47 | -- | 0.60 |
| 2010 | 71.83 | 61.2500 | 9.20 | 7.8400 | 5.48 | -- | 0.15 |
| 2011 | 76.47 | 46.6000 | 11.80 | 11.8600 | 9.15 | -- | 0.25 |
| 2012 | 75.25 | 38.5200 | 12.32 | 12.7700 | 8.23 | -- | 0.32 |
| 2013 | 56.27 | 62.2300 | 15.87 | 16.4300 | 11.17 | -- | 0.26 |
| 2014 | 68.46 | 67.3800 | 18.31 | 17.9900 | 5.49 | -- | 0.27 |
| 2015 | 70.35 | 88.6800 | 23.06 | 18.5900 | 4.03 | -- | 0.26 |
| 2016 | 68.71 | 66.8900 | 17.66 | 15.6700 | 4.97 | -- | 0.26 |
| 2017 | 72.36 | 61.4800 | 12.72 | 13.1000 | 3.33 | -- | 0.20 |
| 2018 | 81.55 | 69.2400 | 13.03 | 12.9500 | 1.79 | -- | 0.19 |
| 2019 | 79.49 | -85.2000 | -19.62 | -28.6600 | 1.45 | -- | 0.23 |
| 2020 | 77.63 | 30.2200 | 5.60 | 5.1500 | 1.12 | -- | 0.19 |
| 2021 | 74.39 | 19.5900 | 3.35 | 5.0300 | 1.18 | -- | 0.23 |
| 2022 | 64.18 | -84.2400 | -17.18 | -40.4200 | 1.41 | -- | 0.20 |
| 2023 | 69.64 | -5.7900 | -1.40 | -1.2200 | 1.01 | -- | 0.16 |
| 2024 | 65.32 | -21.7300 | -4.07 | -4.9600 | 1.58 | -- | 0.18 |
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 |
| 2007 | 16.77 | 83.23 | 3.25 | 3.01 |
| 2008 | 16.96 | 83.04 | 3.47 | 3.17 |
| 2009 | 21.24 | 78.76 | 3.63 | 3.44 |
| 2010 | 3.52 | 96.48 | 26.41 | 26.18 |
| 2011 | 21.01 | 78.99 | 2.91 | 2.88 |
| 2012 | 24.02 | 75.98 | 2.17 | 2.12 |
| 2013 | 21.39 | 78.61 | 2.72 | 2.67 |
| 2014 | 16.93 | 83.07 | 3.32 | 3.22 |
| 2015 | 9.17 | 90.83 | 5.83 | 5.58 |
| 2016 | 9.98 | 90.02 | 5.00 | 4.81 |
| 2017 | 16.60 | 83.40 | 2.51 | 2.39 |
| 2018 | 17.28 | 82.72 | 2.57 | 2.43 |
| 2019 | 20.91 | 79.09 | 2.79 | 2.61 |
| 2020 | 23.73 | 76.27 | 2.62 | 2.42 |
| 2021 | 36.88 | 63.12 | 3.09 | 2.81 |
| 2022 | 53.55 | 46.45 | 2.59 | 2.35 |
| 2023 | 55.47 | 44.53 | 1.51 | 1.37 |
| 2024 | 53.00 | 47.00 | 1.73 | 1.60 |
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) |
| 2007 | 60526000.0000 | -- | 38856000.0000 | 2527000.0000 |
| 2008 | 133551000.0000 | -- | 53405000.0000 | -470000.0000 |
| 2009 | 191915000.0000 | -- | 78809000.0000 | -5644000.0000 |
| 2010 | 292138000.0000 | -- | 128828000.0000 | -21770000.0000 |
| 2011 | 527599000.0000 | -- | 201090000.0000 | -54508000.0000 |
| 2012 | 753116000.0000 | -- | 206640000.0000 | -124133000.0000 |
| 2013 | 1130933000.0000 | -- | 326827000.0000 | -112375000.0000 |
| 2014 | 972814000.0000 | -- | 480144000.0000 | -98979000.0000 |
| 2015 | 939157000.0000 | -- | 455852000.0000 | 160000.0000 |
| 2016 | 996753000.0000 | -- | 540467000.0000 | 210000.0000 |
| 2017 | 758956000.0000 | -- | 629028000.0000 | 46000.0000 |
| 2018 | 538317000.0000 | -- | 876431000.0000 | 6060000.0000 |
| 2019 | 592052000.0000 | -- | 1070519000.0000 | 4870000.0000 |
| 2020 | 553131000.0000 | -- | 1218941000.0000 | 8217000.0000 |
| 2021 | 842754000.0000 | -- | 1460288000.0000 | 117351000.0000 |
| 2022 | 852746000.0000 | -- | 1488773000.0000 | 211176000.0000 |
| 2023 | 564895000.0000 | -- | 1046614000.0000 | 269337000.0000 |
| 2024 | 659399000.0000 | -- | 1219354000.0000 | 274931000.0000 |