中商官网
研究报告
中国电信（HK0728）
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 | 65291000000.0000 | 49707000000.0000 | 25961000000.0000 | 20409000000.0000 | 182367000000.0000 | 90951000000.0000 | 91416000000.0000 |
| 2000 | 71021000000.0000 | 52017000000.0000 | 24144000000.0000 | 19219000000.0000 | 197401000000.0000 | 94832000000.0000 | 102569000000.0000 |
| 2001 | 68546000000.0000 | 48277000000.0000 | 6793000000.0000 | 6883000000.0000 | 189334000000.0000 | 90909000000.0000 | 98425000000.0000 |
| 2002 | 109564000000.0000 | 77336000000.0000 | 9263000000.0000 | 9773000000.0000 | 303611000000.0000 | 149577000000.0000 | 154034000000.0000 |
| 2003 | 151553000000.0000 | 107435000000.0000 | 14407000000.0000 | 13882000000.0000 | 403942000000.0000 | 251879000000.0000 | 152063000000.0000 |
| 2004 | 161212000000.0000 | 118142000000.0000 | 33263000000.0000 | 28023000000.0000 | 412570000000.0000 | 251951000000.0000 | 160619000000.0000 |
| 2005 | 169310000000.0000 | 138976000000.0000 | 34114000000.0000 | 27912000000.0000 | 417136000000.0000 | 234175000000.0000 | 182961000000.0000 |
| 2006 | 175616000000.0000 | 144561000000.0000 | 34083000000.0000 | 27241000000.0000 | 418871000000.0000 | 211222000000.0000 | 207649000000.0000 |
| 2007 | 180882000000.0000 | 151026000000.0000 | 30996000000.0000 | 24195000000.0000 | 413331000000.0000 | 187359000000.0000 | 225972000000.0000 |
| 2008 | 186529000000.0000 | 150433000000.0000 | 186000000.0000 | 884000000.0000 | 440337000000.0000 | 225789000000.0000 | 214548000000.0000 |
| 2009 | 209370000000.0000 | 166467000000.0000 | 19175000000.0000 | 14422000000.0000 | 426520000000.0000 | 203907000000.0000 | 222613000000.0000 |
| 2010 | 219864000000.0000 | 172432000000.0000 | 20311000000.0000 | 15347000000.0000 | 420529000000.0000 | 174405000000.0000 | 246124000000.0000 |
| 2011 | 245068000000.0000 | 192143000000.0000 | 22012000000.0000 | 16500000000.0000 | 419151000000.0000 | 162241000000.0000 | 256910000000.0000 |
| 2012 | 283176000000.0000 | 217197000000.0000 | 19817000000.0000 | 14949000000.0000 | 545291000000.0000 | 279191000000.0000 | 266100000000.0000 |
| 2013 | 321584000000.0000 | 268482000000.0000 | 23088000000.0000 | 17545000000.0000 | 543239000000.0000 | 264575000000.0000 | 278664000000.0000 |
| 2014 | 324394000000.0000 | 255743000000.0000 | 23257000000.0000 | 17680000000.0000 | 561274000000.0000 | 271166000000.0000 | 290108000000.0000 |
| 2015 | 331202000000.0000 | 249962000000.0000 | 26693000000.0000 | 20054000000.0000 | 629561000000.0000 | 324810000000.0000 | 304751000000.0000 |
| 2016 | 352534000000.0000 | 258378000000.0000 | 24116000000.0000 | 18018000000.0000 | 652558000000.0000 | 336210000000.0000 | 316348000000.0000 |
| 2017 | 366229000000.0000 | 262260000000.0000 | 24953000000.0000 | 18617000000.0000 | 661194000000.0000 | 334497000000.0000 | 326697000000.0000 |
| 2018 | 377124000000.0000 | 261062000000.0000 | 28148000000.0000 | 21210000000.0000 | 663382000000.0000 | 319283000000.0000 | 344099000000.0000 |
| 2019 | 375734000000.0000 | 265935000000.0000 | 27034000000.0000 | 20517000000.0000 | 703131000000.0000 | 348091000000.0000 | 355040000000.0000 |
| 2020 | 393561000000.0000 | 274044000000.0000 | 27387000000.0000 | 20850000000.0000 | 715096000000.0000 | 348921000000.0000 | 366175000000.0000 |
| 2021 | 439553000000.0000 | 306213000000.0000 | 33865000000.0000 | 25949000000.0000 | 762239000000.0000 | 331066000000.0000 | 431173000000.0000 |
| 2022 | 481448000000.0000 | 333859000000.0000 | 35714000000.0000 | 27593000000.0000 | 807698000000.0000 | 371271000000.0000 | 436427000000.0000 |
| 2023 | 513551000000.0000 | 353140000000.0000 | 39204000000.0000 | 30446000000.0000 | 835814000000.0000 | 388647000000.0000 | 447167000000.0000 |
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 | 76.13 | -- | 14.24 | 22.54 | 15.71 | -- | 0.36 |
| 2000 | 73.24 | -- | 12.23 | 18.91 | 14.46 | -- | 0.36 |
| 2001 | 70.43 | -- | 3.59 | 7.06 | 14.34 | -- | 0.36 |
| 2002 | 70.59 | -- | 3.05 | 6.39 | 18.38 | -- | 0.36 |
| 2003 | 70.89 | -- | 3.57 | 9.21 | 13.56 | -- | 0.38 |
| 2004 | 73.28 | -- | 8.06 | 17.6 | 15.57 | -- | 0.39 |
| 2005 | 82.08 | -- | 8.18 | 15.38 | 11.23 | -- | 0.41 |
| 2006 | 82.32 | -- | 8.14 | 13.21 | 9.67 | -- | 0.42 |
| 2007 | 83.49 | -- | 7.50 | 10.78 | 11.20 | -- | 0.44 |
| 2008 | 80.65 | -- | 0.04 | 0.41 | 14.09 | -- | 0.42 |
| 2009 | 79.51 | -- | 4.50 | 6.5 | 16.33 | -- | 0.49 |
| 2010 | 78.43 | -- | 4.83 | 6.25 | 14.96 | -- | 0.52 |
| 2011 | 78.40 | -- | 5.25 | 6.44 | 10.93 | -- | 0.58 |
| 2012 | 76.70 | -- | 3.63 | 5.64 | 11.13 | -- | 0.52 |
| 2013 | 83.49 | -- | 4.25 | 6.32 | 8.14 | -- | 0.59 |
| 2014 | 78.84 | -- | 4.14 | 6.11 | 16.25 | -- | 0.58 |
| 2015 | 75.47 | -- | 4.24 | 6.6 | 12.93 | -- | 0.53 |
| 2016 | 73.29 | -- | 3.70 | 5.71 | 18.44 | -- | 0.54 |
| 2017 | 71.61 | -- | 3.77 | 5.71 | 25.22 | -- | 0.55 |
| 2018 | 69.22 | -- | 4.24 | 6.18 | 24.02 | -- | 0.57 |
| 2019 | 70.78 | -- | 3.84 | 5.82 | 38.12 | -- | 0.53 |
| 2020 | 69.63 | -- | 3.83 | 5.74 | 36.03 | -- | 0.55 |
| 2021 | 69.66 | -- | 4.44 | 6.05 | 34.84 | -- | 0.58 |
| 2022 | 69.34 | -- | 4.42 | 6.39 | 42.01 | -- | 0.60 |
| 2023 | 68.76 | -- | 4.69 | 6.87 | 46.94 | -- | 0.61 |
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 | 49.87 | 50.13 | -- | -- |
| 2000 | 48.04 | 51.96 | -- | -- |
| 2001 | 48.02 | 51.98 | -- | -- |
| 2002 | 49.27 | 50.73 | -- | -- |
| 2003 | 62.36 | 37.64 | -- | -- |
| 2004 | 61.07 | 38.93 | -- | -- |
| 2005 | 56.14 | 43.86 | -- | -- |
| 2006 | 50.43 | 49.57 | -- | -- |
| 2007 | 45.33 | 54.67 | -- | -- |
| 2008 | 51.28 | 48.72 | -- | -- |
| 2009 | 47.81 | 52.19 | -- | -- |
| 2010 | 41.47 | 58.53 | -- | -- |
| 2011 | 38.71 | 61.29 | -- | -- |
| 2012 | 51.20 | 48.80 | -- | -- |
| 2013 | 48.70 | 51.30 | -- | -- |
| 2014 | 48.31 | 51.69 | -- | -- |
| 2015 | 51.59 | 48.41 | -- | -- |
| 2016 | 51.52 | 48.48 | -- | -- |
| 2017 | 50.59 | 49.41 | -- | -- |
| 2018 | 48.13 | 51.87 | -- | -- |
| 2019 | 49.51 | 50.49 | -- | -- |
| 2020 | 48.79 | 51.21 | -- | -- |
| 2021 | 43.43 | 56.57 | -- | -- |
| 2022 | 45.97 | 54.03 | -- | -- |
| 2023 | 46.50 | 53.50 | -- | -- |
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 | 15584000000.0000 | -- | 14903000000.0000 | 516000000.0000 |
| 2000 | 19004000000.0000 | -- | 17386000000.0000 | -298000000.0000 |
| 2001 | 20269000000.0000 | -- | 19451000000.0000 | -293000000.0000 |
| 2002 | 32228000000.0000 | -- | 33005000000.0000 | 2144000000.0000 |
| 2003 | 44118000000.0000 | -- | 46597000000.0000 | 3606000000.0000 |
| 2004 | 43070000000.0000 | -- | 47170000000.0000 | 5340000000.0000 |
| 2005 | 30334000000.0000 | -- | 74612000000.0000 | 4895000000.0000 |
| 2006 | 31055000000.0000 | -- | 77511000000.0000 | 4489000000.0000 |
| 2007 | 29856000000.0000 | -- | 80026000000.0000 | 4288000000.0000 |
| 2008 | 36096000000.0000 | -- | 82826000000.0000 | 5076000000.0000 |
| 2009 | 42903000000.0000 | -- | 85100000000.0000 | 4375000000.0000 |
| 2010 | 47432000000.0000 | -- | 87744000000.0000 | 3600000000.0000 |
| 2011 | 52925000000.0000 | -- | 90400000000.0000 | 2254000000.0000 |
| 2012 | 65979000000.0000 | -- | 92523000000.0000 | 1562000000.0000 |
| 2013 | 53102000000.0000 | -- | 115806000000.0000 | 5153000000.0000 |
| 2014 | 68651000000.0000 | -- | 116998000000.0000 | 5291000000.0000 |
| 2015 | 81240000000.0000 | -- | 120205000000.0000 | 4273000000.0000 |
| 2016 | 94156000000.0000 | -- | 122446000000.0000 | 3235000000.0000 |
| 2017 | 103969000000.0000 | -- | 130994000000.0000 | 3291000000.0000 |
| 2018 | 116062000000.0000 | -- | 135229000000.0000 | 2708000000.0000 |
| 2019 | 109799000000.0000 | -- | 151712000000.0000 | 3639000000.0000 |
| 2020 | 119517000000.0000 | -- | 156229000000.0000 | 3014000000.0000 |
| 2021 | 133340000000.0000 | -- | 169023000000.0000 | 1293000000.0000 |
| 2022 | 147589000000.0000 | -- | 181704000000.0000 | 7000000.0000 |
| 2023 | 160411000000.0000 | -- | 192507000000.0000 | 332000000.0000 |