中商官网
研究报告
天元医疗（HK0557）
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 | 5224897000.0000 | 3237939000.0000 | 1332280000.0000 | 638806000.0000 | 28098555000.0000 | 12540671000.0000 | 15557884000.0000 |
| 2000 | 157957000.0000 | 154795000.0000 | 24654000.0000 | 27134000.0000 | 670056000.0000 | 61361000.0000 | 608695000.0000 |
| 2001 | 98197000.0000 | 73598000.0000 | -38121000.0000 | -35665000.0000 | 602077000.0000 | 39576000.0000 | 562501000.0000 |
| 2002 | 77811000.0000 | 59381000.0000 | 18713000.0000 | 20489000.0000 | 609566000.0000 | 28635000.0000 | 580931000.0000 |
| 2003 | 84863000.0000 | 64728000.0000 | 33605000.0000 | 33106000.0000 | 629473000.0000 | 23408000.0000 | 606065000.0000 |
| 2004 | 72147000.0000 | 49645000.0000 | 27354000.0000 | 26519000.0000 | 647525000.0000 | 25248000.0000 | 622277000.0000 |
| 2005 | 84518000.0000 | 63197000.0000 | 7370000.0000 | 5392000.0000 | 642418000.0000 | 24596000.0000 | 617822000.0000 |
| 2006 | 79010000.0000 | 70401000.0000 | 74581000.0000 | 90152000.0000 | 722621000.0000 | 20271000.0000 | 702350000.0000 |
| 2007 | 105254000.0000 | 83065000.0000 | 18695000.0000 | 14091000.0000 | 748723000.0000 | 50509000.0000 | 698214000.0000 |
| 2008 | 75539000.0000 | 61916000.0000 | -89659000.0000 | -138991000.0000 | 592446000.0000 | 47224000.0000 | 545222000.0000 |
| 2009 | 65270000.0000 | 47140000.0000 | 51417000.0000 | 55865000.0000 | 623088000.0000 | 21007000.0000 | 602081000.0000 |
| 2010 | 83686000.0000 | 70126000.0000 | -5267000.0000 | 8994000.0000 | 661557000.0000 | 50871000.0000 | 610686000.0000 |
| 2011 | 109336000.0000 | 75435000.0000 | -41766000.0000 | -31231000.0000 | 650984000.0000 | 71789000.0000 | 579195000.0000 |
| 2012 | 97448000.0000 | 79003000.0000 | 236000.0000 | 7064000.0000 | 633559000.0000 | 34858000.0000 | 598701000.0000 |
| 2013 | 102838000.0000 | 83857000.0000 | 16304000.0000 | 17169000.0000 | 681031000.0000 | 67195000.0000 | 613836000.0000 |
| 2014 | 100130000.0000 | 81673000.0000 | -23478000.0000 | -18978000.0000 | 674053000.0000 | 78543000.0000 | 595510000.0000 |
| 2015 | 92207000.0000 | 74032000.0000 | -48336000.0000 | -55067000.0000 | 609880000.0000 | 79460000.0000 | 530420000.0000 |
| 2016 | 100654000.0000 | 81156000.0000 | -50743000.0000 | -57550000.0000 | 530169000.0000 | 60926000.0000 | 469243000.0000 |
| 2017 | 175280000.0000 | 152052000.0000 | 902000.0000 | 14877000.0000 | 719116000.0000 | 144060000.0000 | 575056000.0000 |
| 2018 | 170842000.0000 | 148809000.0000 | -39672000.0000 | -27622000.0000 | 705272000.0000 | 129271000.0000 | 576001000.0000 |
| 2019 | 136442000.0000 | 123901000.0000 | -170300000.0000 | -143280000.0000 | 449289000.0000 | 33729000.0000 | 415560000.0000 |
| 2020 | 56340000.0000 | 37574000.0000 | -125847000.0000 | -65101000.0000 | 381296000.0000 | 83909000.0000 | 297387000.0000 |
| 2021 | 94588000.0000 | 71307000.0000 | -19063000.0000 | -16854000.0000 | 376399000.0000 | 92348000.0000 | 284051000.0000 |
| 2022 | 54216000.0000 | 34825000.0000 | -40349000.0000 | -29036000.0000 | 333545000.0000 | 91523000.0000 | 242022000.0000 |
| 2023 | 45230000.0000 | 27945000.0000 | -28778000.0000 | -15484000.0000 | 302954000.0000 | 87773000.0000 | 215181000.0000 |
| 2024 | 26845000.0000 | 21238000.0000 | -38429000.0000 | -34238000.0000 | 260934000.0000 | 84983000.0000 | 175951000.0000 |
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 | 61.97 | 24.6300 | 4.74 | 8.3000 | 9.90 | -- | 0.19 |
| 2000 | 98.00 | 15.6100 | 3.68 | 4.6900 | -- | -- | 0.24 |
| 2001 | 74.95 | -38.8200 | -6.33 | -6.6600 | -- | -- | 0.16 |
| 2002 | 76.31 | 24.0500 | 3.07 | 3.6800 | -- | -- | 0.13 |
| 2003 | 76.27 | 39.6000 | 5.34 | 5.7000 | -- | -- | 0.13 |
| 2004 | 68.81 | 37.9100 | 4.22 | 4.4500 | -- | -- | 0.11 |
| 2005 | 74.77 | 8.7200 | 1.15 | 0.9100 | -- | -- | 0.13 |
| 2006 | 89.10 | 94.3900 | 10.32 | 13.4800 | -- | -- | 0.11 |
| 2007 | 78.92 | 20.1200 | 2.50 | 2.1300 | 1.27 | -- | 0.14 |
| 2008 | 81.97 | -117.2800 | -15.13 | -27.2800 | 1.17 | -- | 0.13 |
| 2009 | 72.22 | 79.6100 | 8.25 | 9.8700 | -- | -- | 0.10 |
| 2010 | 83.80 | -6.2900 | -0.80 | 1.5600 | -- | -- | 0.13 |
| 2011 | 68.99 | -38.2000 | -6.42 | -5.7400 | -- | -- | 0.17 |
| 2012 | 81.07 | -0.7500 | 0.04 | 1.2800 | -- | -- | 0.15 |
| 2013 | 81.54 | 13.3800 | 2.39 | 3.0200 | -- | -- | 0.15 |
| 2014 | 81.57 | -25.8200 | -3.48 | -3.4500 | -- | -- | 0.15 |
| 2015 | 80.29 | -53.7300 | -7.93 | -11.1900 | -- | -- | 0.15 |
| 2016 | 80.63 | -70.3600 | -9.57 | -13.2400 | -- | -- | 0.19 |
| 2017 | 86.75 | 0.3400 | 0.13 | 3.0500 | -- | -- | 0.24 |
| 2018 | 87.10 | -21.8500 | -5.63 | -5.6800 | -- | -- | 0.24 |
| 2019 | 90.81 | -121.2300 | -37.90 | -43.3300 | -- | -- | 0.30 |
| 2020 | 66.69 | -224.3500 | -33.01 | -24.3300 | 9.91 | -- | 0.15 |
| 2021 | 75.39 | -20.3500 | -5.06 | -6.5800 | 9.33 | -- | 0.25 |
| 2022 | 64.23 | -74.8700 | -12.10 | -12.9500 | 9.84 | -- | 0.16 |
| 2023 | 61.78 | -62.8200 | -9.50 | -6.7200 | 21.58 | -- | 0.15 |
| 2024 | 79.11 | -143.1000 | -14.73 | -17.5900 | 7.03 | -- | 0.10 |
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 | 44.63 | 55.37 | 1.12 | 1.06 |
| 2000 | 9.16 | 90.84 | 13.48 | 13.48 |
| 2001 | 6.57 | 93.43 | 15.19 | 15.19 |
| 2002 | 4.70 | 95.30 | 21.00 | 21.00 |
| 2003 | 3.72 | 96.28 | 26.63 | 26.63 |
| 2004 | 3.90 | 96.10 | 25.50 | 25.50 |
| 2005 | 3.83 | 96.17 | 25.91 | 25.91 |
| 2006 | 2.81 | 97.19 | 34.27 | 34.27 |
| 2007 | 6.75 | 93.25 | 13.35 | 13.00 |
| 2008 | 7.97 | 92.03 | 11.40 | 11.15 |
| 2009 | 3.37 | 96.63 | 28.93 | 28.93 |
| 2010 | 7.69 | 92.31 | 21.72 | 21.72 |
| 2011 | 11.03 | 88.97 | 15.53 | 15.53 |
| 2012 | 5.50 | 94.50 | 16.14 | 16.14 |
| 2013 | 9.87 | 90.13 | 15.59 | 15.59 |
| 2014 | 11.65 | 88.35 | 17.35 | 17.35 |
| 2015 | 13.03 | 86.97 | 16.26 | 16.26 |
| 2016 | 11.49 | 88.51 | 15.49 | 15.49 |
| 2017 | 20.03 | 79.97 | 9.19 | 9.19 |
| 2018 | 18.33 | 81.67 | 6.05 | 6.05 |
| 2019 | 7.51 | 92.49 | 18.54 | 18.54 |
| 2020 | 22.01 | 77.99 | 6.96 | 6.90 |
| 2021 | 24.53 | 75.47 | 6.02 | 5.95 |
| 2022 | 27.44 | 72.56 | 4.29 | 4.25 |
| 2023 | 28.97 | 71.03 | 3.92 | 3.91 |
| 2024 | 32.57 | 67.43 | 3.55 | 3.53 |
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 | 1986958000.0000 | -- | 1763848000.0000 | 390739000.0000 |
| 2000 | 3162000.0000 | -- | 90088000.0000 | 4783000.0000 |
| 2001 | 24599000.0000 | -- | 95446000.0000 | 16000.0000 |
| 2002 | 18430000.0000 | -- | 70873000.0000 | -- |
| 2003 | 20135000.0000 | -- | 49101000.0000 | -- |
| 2004 | 22502000.0000 | -- | 48210000.0000 | -- |
| 2005 | 21321000.0000 | -- | 44020000.0000 | -- |
| 2006 | 8609000.0000 | -- | 42537000.0000 | -- |
| 2007 | 22189000.0000 | -- | 56627000.0000 | -- |
| 2008 | 13623000.0000 | -- | 43534000.0000 | -- |
| 2009 | 18130000.0000 | -- | 44516000.0000 | -- |
| 2010 | 13560000.0000 | -- | 67198000.0000 | 721000.0000 |
| 2011 | 33901000.0000 | -- | 86533000.0000 | 2393000.0000 |
| 2012 | 18445000.0000 | -- | 96022000.0000 | -- |
| 2013 | 18981000.0000 | -- | 92612000.0000 | 1046000.0000 |
| 2014 | 18457000.0000 | -- | 105383000.0000 | 1582000.0000 |
| 2015 | 18175000.0000 | -- | 96720000.0000 | 1542000.0000 |
| 2016 | 19498000.0000 | -- | 119847000.0000 | 1420000.0000 |
| 2017 | 23228000.0000 | -- | 175344000.0000 | 2025000.0000 |
| 2018 | 22033000.0000 | -- | 192499000.0000 | 1283000.0000 |
| 2019 | 12541000.0000 | -- | 128509000.0000 | 1032000.0000 |
| 2020 | 18766000.0000 | -- | 84172000.0000 | 2537000.0000 |
| 2021 | 23281000.0000 | -- | 90031000.0000 | 4487000.0000 |
| 2022 | 19391000.0000 | -- | 56633000.0000 | 3959000.0000 |
| 2023 | 17285000.0000 | -- | 40752000.0000 | 3543000.0000 |
| 2024 | 5607000.0000 | -- | 31103000.0000 | 3218000.0000 |