中商官网
研究报告
山东新华制药股份（HK0719）
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) |
| 1999 | 950661000.0000 | 270227000.0000 | 68268000.0000 | 57838000.0000 | 1377136000.0000 | 478075000.0000 | 899061000.0000 |
| 2000 | 1044073000.0000 | 306681000.0000 | 83404000.0000 | 67826000.0000 | 1354079000.0000 | 387126000.0000 | 966953000.0000 |
| 2001 | 1099289000.0000 | 324089000.0000 | 98097000.0000 | 81746000.0000 | 1837248000.0000 | 451933000.0000 | 1385315000.0000 |
| 2002 | 1173550000.0000 | 310416000.0000 | 80996000.0000 | 67558000.0000 | 1915244000.0000 | 498892000.0000 | 1416352000.0000 |
| 2003 | 1341788000.0000 | 313933000.0000 | 61907000.0000 | 51794000.0000 | 2106065000.0000 | 663321000.0000 | 1442744000.0000 |
| 2004 | 1524409000.0000 | 257300000.0000 | -52352000.0000 | -52485000.0000 | 2315440000.0000 | 941834000.0000 | 1373606000.0000 |
| 2005 | 1712102000.0000 | 311233000.0000 | 13194000.0000 | 1229000.0000 | 2211328000.0000 | 841191000.0000 | 1370137000.0000 |
| 2006 | 1685367000.0000 | 304357000.0000 | 29733000.0000 | 22761000.0000 | 1881575000.0000 | 509088000.0000 | 1372487000.0000 |
| 2007 | 1865568000.0000 | 295322000.0000 | 37364000.0000 | 31818000.0000 | 2260100000.0000 | 526061000.0000 | 1734039000.0000 |
| 2008 | 2077753000.0000 | 301095000.0000 | 41447000.0000 | 30064000.0000 | 2159424000.0000 | 659144000.0000 | 1500280000.0000 |
| 2009 | 2295101000.0000 | 445363000.0000 | 116388000.0000 | 99687000.0000 | 2636363000.0000 | 955542000.0000 | 1680821000.0000 |
| 2010 | 2589447000.0000 | 480940000.0000 | 128967000.0000 | 101299000.0000 | 2772599000.0000 | 1048367000.0000 | 1724232000.0000 |
| 2011 | 2917860000.0000 | 548163000.0000 | 91272000.0000 | 74375000.0000 | 3017412000.0000 | 1259624000.0000 | 1757788000.0000 |
| 2012 | 2932116000.0000 | 504405000.0000 | 33515000.0000 | 22417000.0000 | 3639490000.0000 | 1855699000.0000 | 1783791000.0000 |
| 2013 | 3338512000.0000 | 577637000.0000 | 63246000.0000 | 38138000.0000 | 4019174000.0000 | 2130037000.0000 | 1889137000.0000 |
| 2014 | 3589749770.9300 | 734821583.6300 | 91485154.1800 | 50725311.0500 | 4245149713.7700 | 2333280726.0900 | 1911868987.6800 |
| 2015 | 3597033209.7900 | 836647214.9900 | 117729615.0300 | 83062257.1700 | 4492122436.6300 | 2508040118.2300 | 1984082318.4000 |
| 2016 | 4014963065.7400 | 1001378441.3500 | 159968492.2100 | 122271549.6800 | 4722785963.8400 | 2643478538.1900 | 2079307425.6500 |
| 2017 | 4515716784.1900 | 1268100945.3300 | 268173876.0000 | 209591907.2300 | 5273647124.6300 | 2694193743.8200 | 2579453380.8100 |
| 2018 | 5244643562.0900 | 1580293942.5200 | 332327503.8200 | 255314454.8600 | 5952507432.9000 | 3137459111.0900 | 2815048321.8100 |
| 2019 | 5547830682.8100 | 1816445345.9300 | 381392620.9300 | 299966265.7100 | 6436024609.4800 | 3325495154.6600 | 3110529454.8200 |
| 2020 | 5945310288.9800 | 1754320562.2100 | 411637980.7500 | 324859557.5500 | 7092952190.0400 | 3701662448.1200 | 3391289741.9200 |
| 2021 | 6500810494.9800 | 1714400142.6800 | 421233319.9200 | 348548495.9900 | 7332033657.9800 | 3680888823.8500 | 3651144834.1300 |
| 2022 | 7437677246.0200 | 1972021138.8700 | 471774350.6100 | 411193683.5300 | 8265131332.1300 | 3915226169.3200 | 4349905162.8100 |
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 | 28.43 | -- | 4.96 | 6.43 | 3.79 | -- | 0.69 |
| 2000 | 29.37 | -- | 6.16 | 7.02 | 4.50 | -- | 0.77 |
| 2001 | 29.48 | -- | 5.34 | 5.9 | 3.96 | -- | 0.60 |
| 2002 | 26.45 | -- | 4.23 | 4.78 | 3.95 | -- | 0.61 |
| 2003 | 23.40 | -- | 2.94 | 3.6 | 4.10 | -- | 0.64 |
| 2004 | 16.88 | -- | -2.26 | -3.83 | 4.22 | -- | 0.66 |
| 2005 | 18.18 | -- | 0.60 | 0.09 | 5.10 | -- | 0.77 |
| 2006 | 18.06 | -- | 1.58 | 1.66 | 6.16 | -- | 0.90 |
| 2007 | 15.83 | -- | 1.65 | 1.89 | 5.49 | -- | 0.83 |
| 2008 | 14.49 | -- | 1.92 | 2.05 | 5.83 | -- | 0.96 |
| 2009 | 19.40 | -- | 4.41 | 6.06 | 5.37 | -- | 0.87 |
| 2010 | 18.57 | -- | 4.65 | 6.01 | 5.25 | -- | 0.93 |
| 2011 | 18.79 | -- | 3.02 | 4.33 | 5.59 | -- | 0.97 |
| 2012 | 17.20 | -- | 0.92 | 1.29 | 4.96 | -- | 0.81 |
| 2013 | 17.30 | -- | 1.57 | 2.11 | 4.92 | -- | 0.83 |
| 2014 | 20.47 | -- | 2.16 | 2.79 | 4.85 | -- | 0.85 |
| 2015 | 23.26 | -- | 2.62 | 4.41 | 5.05 | -- | 0.80 |
| 2016 | 24.94 | -- | 3.39 | 6.15 | 5.39 | -- | 0.85 |
| 2017 | 28.08 | -- | 5.09 | 8.45 | 4.55 | -- | 0.86 |
| 2018 | 30.13 | -- | 5.58 | 9.47 | 3.78 | -- | 0.88 |
| 2019 | 32.74 | -- | 5.93 | 10.1 | 3.30 | -- | 0.86 |
| 2020 | 29.51 | -- | 5.80 | 10.08 | 3.73 | -- | 0.84 |
| 2021 | 26.37 | -- | 5.75 | 10.05 | 4.66 | -- | 0.89 |
| 2022 | 26.51 | -- | 5.71 | 9.96 | 4.51 | -- | 0.90 |
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 | 34.72 | 65.28 | -- | -- |
| 2000 | 28.59 | 71.41 | -- | -- |
| 2001 | 24.60 | 75.40 | -- | -- |
| 2002 | 26.05 | 73.95 | -- | -- |
| 2003 | 31.50 | 68.50 | -- | -- |
| 2004 | 40.68 | 59.32 | -- | -- |
| 2005 | 38.04 | 61.96 | -- | -- |
| 2006 | 27.06 | 72.94 | -- | -- |
| 2007 | 23.28 | 76.72 | -- | -- |
| 2008 | 30.52 | 69.48 | -- | -- |
| 2009 | 36.24 | 63.76 | -- | -- |
| 2010 | 37.81 | 62.19 | -- | -- |
| 2011 | 41.75 | 58.25 | -- | -- |
| 2012 | 50.99 | 49.01 | -- | -- |
| 2013 | 53.00 | 47.00 | -- | -- |
| 2014 | 54.96 | 45.04 | -- | -- |
| 2015 | 55.83 | 44.17 | -- | -- |
| 2016 | 55.97 | 44.03 | -- | -- |
| 2017 | 51.09 | 48.91 | -- | -- |
| 2018 | 52.71 | 47.29 | -- | -- |
| 2019 | 51.67 | 48.33 | -- | -- |
| 2020 | 52.19 | 47.81 | -- | -- |
| 2021 | 50.20 | 49.80 | -- | -- |
| 2022 | 47.37 | 52.63 | -- | -- |
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) |
| 1999 | 680434000.0000 | -- | 90148000.0000 | 20520000.0000 |
| 2000 | 737392000.0000 | -- | 97658000.0000 | 21599000.0000 |
| 2001 | 775200000.0000 | -- | 104838000.0000 | 18066000.0000 |
| 2002 | 863134000.0000 | -- | 109683000.0000 | 14872000.0000 |
| 2003 | 1027855000.0000 | -- | 110733000.0000 | 14018000.0000 |
| 2004 | 1267109000.0000 | -- | 123502000.0000 | 15384000.0000 |
| 2005 | 1400869000.0000 | -- | 115962000.0000 | 22166000.0000 |
| 2006 | 1381010000.0000 | -- | 142382000.0000 | 20475000.0000 |
| 2007 | 1570246000.0000 | -- | 169096000.0000 | 12183000.0000 |
| 2008 | 1776658000.0000 | -- | 125978000.0000 | 17956000.0000 |
| 2009 | 1849738000.0000 | -- | 162845000.0000 | 19378000.0000 |
| 2010 | 2108507000.0000 | -- | 184500000.0000 | 19155000.0000 |
| 2011 | 2369697000.0000 | -- | 235613000.0000 | 28098000.0000 |
| 2012 | 2427711000.0000 | -- | 231907000.0000 | 59004000.0000 |
| 2013 | 2760875000.0000 | -- | 253455000.0000 | 71727000.0000 |
| 2014 | 2854928187.3000 | -- | 265461966.7400 | 72082530.1000 |
| 2015 | 2760385994.8000 | -- | 303257072.1000 | 67591007.6300 |
| 2016 | 3013584624.3900 | -- | 335871419.2100 | 51838422.7500 |
| 2017 | 3247615838.8600 | -- | 384708247.8900 | 79745027.9400 |
| 2018 | 3664349619.5700 | -- | 459170083.4500 | 34676125.7500 |
| 2019 | 3731385336.8800 | -- | 557689247.6700 | 48575497.0900 |
| 2020 | 4190989726.7700 | -- | 618496885.1700 | 83710388.3000 |
| 2021 | 4786410352.3000 | -- | 691027923.2700 | 52902639.7700 |
| 2022 | 5465656107.1500 | -- | 799185053.2100 | 32019480.3800 |