中商官网
研究报告
首钢资源（HK0639）
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 | 40013000.0000 | 22840000.0000 | -96755000.0000 | -97169000.0000 | 30075000.0000 | 115101000.0000 | -85026000.0000 |
| 2000 | 2510000.0000 | 952000.0000 | -21204000.0000 | -20936000.0000 | 14716000.0000 | 120724000.0000 | -106008000.0000 |
| 2001 | 2545000.0000 | 1323000.0000 | 48357000.0000 | 48357000.0000 | 45234000.0000 | 2885000.0000 | 42349000.0000 |
| 2002 | 3732000.0000 | 3732000.0000 | -5344000.0000 | -5344000.0000 | 106081000.0000 | 3376000.0000 | 102705000.0000 |
| 2003 | 1470000.0000 | 1470000.0000 | -2805000.0000 | -2805000.0000 | 104243000.0000 | 4461000.0000 | 99782000.0000 |
| 2004 | 7560000.0000 | 2012000.0000 | -18786000.0000 | -14741000.0000 | 210021000.0000 | 82021000.0000 | 128000000.0000 |
| 2005 | 10232000.0000 | 986000.0000 | -19678000.0000 | -14020000.0000 | 383799000.0000 | 256338000.0000 | 127461000.0000 |
| 2006 | 10535000.0000 | 1934000.0000 | -45114000.0000 | -30988000.0000 | 517104000.0000 | 417524000.0000 | 99580000.0000 |
| 2007 | 15056000.0000 | 1850000.0000 | -86091000.0000 | -77948000.0000 | 1295084000.0000 | 503074000.0000 | 792010000.0000 |
| 2008 | 1896577000.0000 | 1236932000.0000 | 933126000.0000 | 567649000.0000 | 19252268000.0000 | 6803271000.0000 | 12448997000.0000 |
| 2009 | 4260676000.0000 | 3086827000.0000 | 1974191000.0000 | 1126274000.0000 | 22557408000.0000 | 5227644000.0000 | 17329764000.0000 |
| 2010 | 5543285000.0000 | 4091525000.0000 | 2946088000.0000 | 1802791000.0000 | 26119627000.0000 | 6496405000.0000 | 19623222000.0000 |
| 2011 | 7138643000.0000 | 5028935000.0000 | 3929774000.0000 | 2256023000.0000 | 27000297000.0000 | 6442164000.0000 | 20558133000.0000 |
| 2012 | 5650590000.0000 | 3585802000.0000 | 2972049000.0000 | 1800367000.0000 | 26820521000.0000 | 5958538000.0000 | 20861983000.0000 |
| 2013 | 4268232000.0000 | 2173016000.0000 | 1829924000.0000 | 1115066000.0000 | 26870908000.0000 | 5211743000.0000 | 21659165000.0000 |
| 2014 | 3254861000.0000 | 1304153000.0000 | -139215000.0000 | -425302000.0000 | 23999978000.0000 | 4430378000.0000 | 19569600000.0000 |
| 2015 | 1996629000.0000 | 488188000.0000 | -835934000.0000 | -416471000.0000 | 20727669000.0000 | 3683389000.0000 | 17044280000.0000 |
| 2016 | 1809885000.0000 | 607043000.0000 | 144256000.0000 | 111795000.0000 | 19104456000.0000 | 3438763000.0000 | 15665693000.0000 |
| 2017 | 3471922000.0000 | 1875404000.0000 | 1647618000.0000 | 1080649000.0000 | 21694645000.0000 | 4318962000.0000 | 17375683000.0000 |
| 2018 | 3686176000.0000 | 1900542000.0000 | 1639709000.0000 | 1100488000.0000 | 21251042000.0000 | 4475236000.0000 | 16775806000.0000 |
| 2019 | 3869308000.0000 | 1988743000.0000 | 1632815000.0000 | 1140413000.0000 | 21472710000.0000 | 4426398000.0000 | 17046312000.0000 |
| 2020 | 3996951000.0000 | 1869207000.0000 | 1612614000.0000 | 1080041000.0000 | 21433646000.0000 | 4142576000.0000 | 17291070000.0000 |
| 2021 | 7075818000.0000 | 4394574000.0000 | 4132159000.0000 | 2538495000.0000 | 24779977000.0000 | 5631759000.0000 | 19148218000.0000 |
| 2022 | 8214719000.0000 | 5289594000.0000 | 4625893000.0000 | 2715374000.0000 | 23463484000.0000 | 4786265000.0000 | 18677219000.0000 |
| 2023 | 5891068000.0000 | 3466028000.0000 | 3218917000.0000 | 1889247000.0000 | 22491544000.0000 | 4021026000.0000 | 18470518000.0000 |
| 2024 | 5135591000.0000 | 2651519000.0000 | 2525897000.0000 | 1494066000.0000 | 22948823000.0000 | 4047566000.0000 | 18901257000.0000 |
| 2025 | 5055750000.0000 | 1083970000.0000 | 1036997000.0000 | 632499000.0000 | 22189284000.0000 | 3805083000.0000 | 18384201000.0000 |
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 | 57.08 | -243.0100 | -321.71 | 114.2800 | 7.81 | -- | 1.33 |
| 2000 | 37.93 | -844.7800 | -144.09 | 19.7500 | 1.27 | -- | 0.17 |
| 2001 | 51.98 | 1900.0800 | 106.90 | 114.1900 | -- | -- | 0.06 |
| 2002 | 100.00 | -143.1900 | -5.04 | -5.2000 | -- | -- | 0.04 |
| 2003 | 100.00 | -102.3100 | -2.69 | -2.8100 | -- | -- | 0.01 |
| 2004 | 26.61 | -212.2100 | -8.94 | -17.1600 | -- | -- | 0.04 |
| 2005 | 9.64 | -178.9700 | -5.13 | -19.1600 | -- | -- | 0.03 |
| 2006 | 18.36 | -428.2300 | -8.72 | -53.8500 | -- | -- | 0.02 |
| 2007 | 12.29 | -571.8100 | -6.65 | -10.6200 | -- | -- | 0.01 |
| 2008 | 65.22 | 49.2100 | 4.85 | 5.2500 | 3.52 | -- | 0.10 |
| 2009 | 72.45 | 46.3400 | 8.75 | 7.1200 | 7.36 | -- | 0.19 |
| 2010 | 73.81 | 53.1600 | 11.28 | 9.9300 | 10.77 | -- | 0.21 |
| 2011 | 70.45 | 55.0500 | 14.55 | 11.8900 | 11.07 | -- | 0.26 |
| 2012 | 63.46 | 52.6100 | 11.08 | 9.3700 | 12.65 | -- | 0.21 |
| 2013 | 50.91 | 42.9000 | 6.81 | 5.6000 | 9.48 | -- | 0.16 |
| 2014 | 40.07 | -4.2400 | -0.58 | -2.3700 | 10.79 | -- | 0.14 |
| 2015 | 24.45 | -41.8300 | -4.03 | -2.6400 | 9.02 | -- | 0.10 |
| 2016 | 33.54 | 8.1000 | 0.76 | 0.7700 | 6.06 | -- | 0.09 |
| 2017 | 54.02 | 47.4700 | 7.59 | 6.7800 | 8.15 | -- | 0.16 |
| 2018 | 51.56 | 44.5000 | 7.72 | 7.1500 | 13.73 | -- | 0.17 |
| 2019 | 51.40 | 42.2000 | 7.60 | 7.2700 | 15.22 | -- | 0.18 |
| 2020 | 46.77 | 40.3500 | 7.52 | 6.8200 | 16.22 | -- | 0.19 |
| 2021 | 62.11 | 58.4100 | 16.68 | 14.6700 | 18.79 | -- | 0.29 |
| 2022 | 64.39 | 56.3200 | 19.72 | 16.1900 | 69.57 | -- | 0.35 |
| 2023 | 58.84 | 54.6400 | 14.31 | 11.6000 | 19.30 | -- | 0.26 |
| 2024 | 51.63 | 50.1500 | 11.01 | 9.0700 | 18.05 | -- | 0.22 |
| 2025 | 21.44 | 20.5100 | 4.67 | 3.8500 | 21.54 | -- | 0.23 |
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 | 382.71 | -282.71 | 0.18 | 0.16 |
| 2000 | 820.36 | -720.36 | 0.04 | 0.03 |
| 2001 | 6.38 | 93.62 | 12.94 | 12.94 |
| 2002 | 3.18 | 96.82 | 29.60 | 29.60 |
| 2003 | 4.28 | 95.72 | 12.27 | 12.27 |
| 2004 | 39.05 | 60.95 | 0.58 | 0.58 |
| 2005 | 66.79 | 33.21 | 0.40 | 0.40 |
| 2006 | 80.74 | 19.26 | 0.09 | 0.09 |
| 2007 | 38.84 | 61.16 | 1.12 | 1.12 |
| 2008 | 35.34 | 64.66 | 0.91 | 0.86 |
| 2009 | 23.17 | 76.83 | 1.59 | 1.52 |
| 2010 | 24.87 | 75.13 | 2.08 | 2.04 |
| 2011 | 23.86 | 76.14 | 2.03 | 1.99 |
| 2012 | 22.22 | 77.78 | 2.30 | 2.25 |
| 2013 | 19.40 | 80.60 | 2.88 | 2.81 |
| 2014 | 18.46 | 81.54 | 3.55 | 3.47 |
| 2015 | 17.77 | 82.23 | 3.69 | 3.60 |
| 2016 | 18.00 | 82.00 | 3.45 | 3.34 |
| 2017 | 19.91 | 80.09 | 2.87 | 2.79 |
| 2018 | 21.06 | 78.94 | 2.58 | 2.53 |
| 2019 | 20.61 | 79.39 | 2.61 | 2.57 |
| 2020 | 19.33 | 80.67 | 2.77 | 2.72 |
| 2021 | 22.73 | 77.27 | 2.69 | 2.66 |
| 2022 | 20.40 | 79.60 | 3.23 | 3.22 |
| 2023 | 17.88 | 82.12 | 3.97 | 3.92 |
| 2024 | 17.64 | 82.36 | 4.25 | 4.19 |
| 2025 | 17.15 | 82.85 | 4.03 | 3.95 |
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 | 17173000.0000 | -- | 30583000.0000 | 13913000.0000 |
| 2000 | 1558000.0000 | -- | 14466000.0000 | 10891000.0000 |
| 2001 | 1222000.0000 | -- | 8741000.0000 | 7161000.0000 |
| 2002 | -- | -- | 8454000.0000 | -- |
| 2003 | -- | -- | 6905000.0000 | -- |
| 2004 | 5548000.0000 | -- | 13490000.0000 | 109000.0000 |
| 2005 | 9246000.0000 | -- | 16852000.0000 | 202000.0000 |
| 2006 | 8601000.0000 | -- | 35282000.0000 | 9028000.0000 |
| 2007 | 13206000.0000 | -- | 42094000.0000 | 22482000.0000 |
| 2008 | 659645000.0000 | -- | 140873000.0000 | 91337000.0000 |
| 2009 | 1173849000.0000 | -- | 376252000.0000 | 117678000.0000 |
| 2010 | 1451760000.0000 | -- | 620536000.0000 | 39646000.0000 |
| 2011 | 2109708000.0000 | -- | 605847000.0000 | 21487000.0000 |
| 2012 | 2064788000.0000 | -- | 370173000.0000 | 26891000.0000 |
| 2013 | 2095216000.0000 | -- | 319221000.0000 | 24458000.0000 |
| 2014 | 1950708000.0000 | -- | 310864000.0000 | 11301000.0000 |
| 2015 | 1508441000.0000 | -- | 341742000.0000 | 11370000.0000 |
| 2016 | 1202842000.0000 | -- | 203755000.0000 | 490000.0000 |
| 2017 | 1596518000.0000 | -- | 202034000.0000 | -82060000.0000 |
| 2018 | 1785634000.0000 | -- | 205351000.0000 | -124445000.0000 |
| 2019 | 1880565000.0000 | -- | 182291000.0000 | -131843000.0000 |
| 2020 | 2127744000.0000 | -- | 181914000.0000 | -95044000.0000 |
| 2021 | 2681244000.0000 | -- | 207903000.0000 | -68303000.0000 |
| 2022 | 2925125000.0000 | -- | 207812000.0000 | -105707000.0000 |
| 2023 | 2425040000.0000 | -- | 201296000.0000 | -170717000.0000 |
| 2024 | 2484072000.0000 | -- | 208899000.0000 | -185034000.0000 |
| 2025 | 3971780000.0000 | -- | 262467000.0000 | -157315000.0000 |