中商官网
研究报告
高银金融（HK0530）
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 | 187026000.0000 | 78277000.0000 | -27566000.0000 | -37263000.0000 | 768844000.0000 | 268513000.0000 | 500331000.0000 |
| 2000 | 187991000.0000 | 79606000.0000 | -65296000.0000 | -82375000.0000 | 931710000.0000 | 307623000.0000 | 624087000.0000 |
| 2001 | 193163000.0000 | 66491000.0000 | -326908000.0000 | -341359000.0000 | 519053000.0000 | 231256000.0000 | 287797000.0000 |
| 2002 | 152916000.0000 | 55214000.0000 | -16317000.0000 | -27953000.0000 | 475855000.0000 | 219527000.0000 | 256328000.0000 |
| 2003 | 195456000.0000 | 70046000.0000 | -19034000.0000 | -36693000.0000 | 566697000.0000 | 298189000.0000 | 268508000.0000 |
| 2004 | 144094000.0000 | 8033000.0000 | -49916000.0000 | -50682000.0000 | 307422000.0000 | 126966000.0000 | 180456000.0000 |
| 2005 | 26481000.0000 | 10455000.0000 | -105409000.0000 | -150640000.0000 | 95255000.0000 | 59846000.0000 | 35409000.0000 |
| 2006 | 47364000.0000 | 17736000.0000 | 52552000.0000 | 73426000.0000 | 154471000.0000 | 19616000.0000 | 134855000.0000 |
| 2007 | 17726000.0000 | 12562000.0000 | -14712000.0000 | -35463000.0000 | 197176000.0000 | 22653000.0000 | 174523000.0000 |
| 2008 | 14487000.0000 | 9562000.0000 | -10848000.0000 | -147510000.0000 | 98571000.0000 | 12770000.0000 | 85801000.0000 |
| 2009 | 33219000.0000 | 24049000.0000 | 18372000.0000 | 17655000.0000 | 3329927000.0000 | 147896000.0000 | 3182031000.0000 |
| 2010 | 160890000.0000 | 102751000.0000 | -232189000.0000 | -233167000.0000 | 3709901000.0000 | 686821000.0000 | 3023080000.0000 |
| 2011 | 98470000.0000 | 69248000.0000 | 83293000.0000 | -20919000.0000 | 5570629000.0000 | 2588326000.0000 | 2982303000.0000 |
| 2012 | 149163000.0000 | 103418000.0000 | 819133000.0000 | 493373000.0000 | 9603249000.0000 | 396965000.0000 | 9206284000.0000 |
| 2013 | 169649000.0000 | 136254000.0000 | 582459000.0000 | 372414000.0000 | 11445768000.0000 | 941266000.0000 | 10504502000.0000 |
| 2014 | 263786000.0000 | 191490000.0000 | 1423265000.0000 | 850107000.0000 | 14112629000.0000 | 1631088000.0000 | 12481541000.0000 |
| 2015 | 291910000.0000 | 166547000.0000 | 514150000.0000 | 308814000.0000 | 19805065000.0000 | 6303861000.0000 | 13501204000.0000 |
| 2016 | 293731000.0000 | 231621000.0000 | 1566688000.0000 | 956804000.0000 | 31003413000.0000 | 15195531000.0000 | 15807882000.0000 |
| 2017 | 372863000.0000 | 269499000.0000 | 1588813000.0000 | 995966000.0000 | 36940742000.0000 | 17975778000.0000 | 18964964000.0000 |
| 2018 | 321439000.0000 | 242081000.0000 | 1163914000.0000 | 742439000.0000 | 48766455000.0000 | 29961555000.0000 | 18804900000.0000 |
| 2019 | 347763000.0000 | 230080000.0000 | -472848000.0000 | -478229000.0000 | 37413877000.0000 | 18605638000.0000 | 18808239000.0000 |
| 2020 | 172094000.0000 | 153848000.0000 | -975384000.0000 | -993132000.0000 | 18634100000.0000 | 7624016000.0000 | 11010084000.0000 |
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 | 41.85 | -14.4500 | -3.59 | -9.2900 | 0.42 | -- | 0.24 |
| 2000 | 42.35 | -32.6100 | -7.01 | -16.6100 | 0.35 | -- | 0.20 |
| 2001 | 34.42 | -169.2400 | -62.98 | -170.9600 | 0.57 | -- | 0.37 |
| 2002 | 36.11 | -10.6700 | -3.43 | -17.4800 | 0.46 | -- | 0.32 |
| 2003 | 35.84 | -9.7400 | -3.36 | -22.7800 | 0.78 | -- | 0.34 |
| 2004 | 5.57 | -38.9900 | -16.24 | -28.2500 | 16.04 | -- | 0.47 |
| 2005 | 39.48 | -398.0600 | -110.66 | -427.5900 | 18.66 | -- | 0.28 |
| 2006 | 37.45 | 110.9500 | 34.02 | 54.5300 | 39.24 | -- | 0.31 |
| 2007 | 70.87 | -83.0000 | -7.46 | -20.3200 | 4.71 | -- | 0.09 |
| 2008 | 66.00 | -74.8800 | -11.01 | -171.9200 | 35.95 | -- | 0.15 |
| 2009 | 72.40 | 55.3100 | 0.55 | 0.5500 | 58.41 | -- | 0.01 |
| 2010 | 63.86 | -144.3200 | -6.26 | -7.7100 | 32.88 | -- | 0.04 |
| 2011 | 70.32 | 84.5900 | 1.50 | -0.7300 | 0.42 | -- | 0.02 |
| 2012 | 69.33 | 549.1500 | 8.53 | 6.7300 | 0.51 | -- | 0.02 |
| 2013 | 80.32 | 343.3300 | 5.09 | 4.5700 | 0.11 | -- | 0.01 |
| 2014 | 72.59 | 539.5500 | 10.09 | 9.0600 | 0.15 | -- | 0.02 |
| 2015 | 57.05 | 176.1300 | 2.60 | 3.1000 | 0.25 | -- | 0.01 |
| 2016 | 78.85 | 533.3800 | 5.05 | 8.4900 | 0.01 | -- | 0.01 |
| 2017 | 72.28 | 426.1100 | 4.30 | 7.5700 | 0.01 | -- | 0.01 |
| 2018 | 75.31 | 362.0900 | 2.39 | 5.3500 | 0.00 | -- | 0.01 |
| 2019 | 66.16 | -135.9700 | -1.26 | -2.5400 | 0.01 | -- | 0.01 |
| 2020 | 89.40 | -566.7700 | -5.23 | -9.0200 | 0.03 | -- | 0.01 |
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 | 34.92 | 65.08 | 1.66 | 0.65 |
| 2000 | 33.02 | 66.98 | 1.65 | 0.63 |
| 2001 | 44.55 | 55.45 | 1.32 | 0.35 |
| 2002 | 46.13 | 53.87 | 1.22 | 0.25 |
| 2003 | 52.62 | 47.38 | 1.27 | 0.73 |
| 2004 | 41.30 | 58.70 | 1.17 | 1.07 |
| 2005 | 62.83 | 37.17 | 1.26 | 1.24 |
| 2006 | 12.70 | 87.30 | 6.76 | 6.72 |
| 2007 | 11.49 | 88.51 | 2.34 | 2.29 |
| 2008 | 12.96 | 87.04 | 1.87 | 1.86 |
| 2009 | 4.44 | 95.56 | 22.51 | 22.51 |
| 2010 | 18.51 | 81.49 | 4.28 | 4.28 |
| 2011 | 46.46 | 53.54 | 1.15 | 1.09 |
| 2012 | 4.13 | 95.87 | 12.92 | 12.64 |
| 2013 | 8.22 | 91.78 | 8.00 | 7.49 |
| 2014 | 11.56 | 88.44 | 5.96 | 5.39 |
| 2015 | 31.83 | 68.17 | 1.15 | 1.04 |
| 2016 | 49.01 | 50.99 | 1.13 | 0.52 |
| 2017 | 48.66 | 51.34 | 2.78 | 0.64 |
| 2018 | 61.44 | 38.56 | 1.32 | 0.18 |
| 2019 | 49.73 | 50.27 | 1.44 | 0.58 |
| 2020 | 40.91 | 59.09 | 1.79 | 1.70 |
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 | 108749000.0000 | -- | 57278000.0000 | 16260000.0000 |
| 2000 | 108385000.0000 | -- | 54384000.0000 | 17109000.0000 |
| 2001 | 126672000.0000 | -- | 41744000.0000 | 15725000.0000 |
| 2002 | 97702000.0000 | -- | 31210000.0000 | 10438000.0000 |
| 2003 | 125410000.0000 | -- | 32977000.0000 | 12533000.0000 |
| 2004 | 136061000.0000 | -- | 60068000.0000 | 4068000.0000 |
| 2005 | 16026000.0000 | -- | 31225000.0000 | 1960000.0000 |
| 2006 | 29628000.0000 | -- | 21305000.0000 | 1130000.0000 |
| 2007 | 5164000.0000 | -- | 24939000.0000 | 321000.0000 |
| 2008 | 4925000.0000 | -- | 20712000.0000 | 2000.0000 |
| 2009 | 9170000.0000 | -- | 28447000.0000 | 162000.0000 |
| 2010 | 58139000.0000 | -- | 28795000.0000 | 2875000.0000 |
| 2011 | 29222000.0000 | -- | 40776000.0000 | 1747000.0000 |
| 2012 | 45745000.0000 | -- | 52041000.0000 | 24000.0000 |
| 2013 | 33395000.0000 | -- | 67700000.0000 | 16000.0000 |
| 2014 | 72296000.0000 | -- | 134929000.0000 | 27000.0000 |
| 2015 | 125363000.0000 | -- | 135758000.0000 | 53860000.0000 |
| 2016 | 62110000.0000 | -- | 136379000.0000 | 19102000.0000 |
| 2017 | 103364000.0000 | -- | 110197000.0000 | 56392000.0000 |
| 2018 | 79358000.0000 | -- | 126549000.0000 | 248477000.0000 |
| 2019 | 117683000.0000 | -- | 134193000.0000 | 377338000.0000 |
| 2020 | 18246000.0000 | -- | 218572000.0000 | 346240000.0000 |