中商官网
研究报告
理文化工（HK0746）
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) |
| 2005 | 531965000.0000 | 170791000.0000 | 95945000.0000 | 87297000.0000 | 561271000.0000 | 86092000.0000 | 475179000.0000 |
| 2006 | 689247000.0000 | 208434000.0000 | 112307000.0000 | 101865000.0000 | 650922000.0000 | 101547000.0000 | 549375000.0000 |
| 2007 | 784721000.0000 | 221254000.0000 | 118399000.0000 | 106436000.0000 | 1016089000.0000 | 373217000.0000 | 642872000.0000 |
| 2008 | 1064077000.0000 | 238222000.0000 | 91600000.0000 | 81562000.0000 | 1466490000.0000 | 748246000.0000 | 718244000.0000 |
| 2009 | 1403428000.0000 | 419675000.0000 | 244311000.0000 | 233823000.0000 | 1611920000.0000 | 686665000.0000 | 925255000.0000 |
| 2010 | 1285269000.0000 | 574741000.0000 | 420841000.0000 | 465817000.0000 | 2170164000.0000 | 870866000.0000 | 1299298000.0000 |
| 2011 | 1808348000.0000 | 845264000.0000 | 687547000.0000 | 676380000.0000 | 2833682000.0000 | 1175061000.0000 | 1658621000.0000 |
| 2012 | 1520512000.0000 | 522255000.0000 | 418951000.0000 | 361937000.0000 | 3492177000.0000 | 1598338000.0000 | 1893839000.0000 |
| 2013 | 1329131000.0000 | 473907000.0000 | 374957000.0000 | 308732000.0000 | 4174634000.0000 | 2044026000.0000 | 2130608000.0000 |
| 2014 | 1560028000.0000 | 653927000.0000 | 411470000.0000 | 330111000.0000 | 4714045000.0000 | 2416082000.0000 | 2297963000.0000 |
| 2015 | 1705879000.0000 | 675172000.0000 | 355944000.0000 | 269678000.0000 | 4622040000.0000 | 2275762000.0000 | 2346278000.0000 |
| 2016 | 1813851000.0000 | 657958000.0000 | 339950000.0000 | 216195000.0000 | 4752065000.0000 | 2410040000.0000 | 2342025000.0000 |
| 2017 | 2973747000.0000 | 1399177000.0000 | 930961000.0000 | 703053000.0000 | 5855475000.0000 | 2761041000.0000 | 3094434000.0000 |
| 2018 | 3876777000.0000 | 1815226000.0000 | 1156933000.0000 | 872641000.0000 | 6054580000.0000 | 2575915000.0000 | 3478665000.0000 |
| 2019 | 3476571000.0000 | 1386114000.0000 | 850915000.0000 | 700771000.0000 | 6094948000.0000 | 2244425000.0000 | 3850523000.0000 |
| 2020 | 3099685000.0000 | 1131532000.0000 | 628102000.0000 | 502628000.0000 | 6778807000.0000 | 2335243000.0000 | 4443564000.0000 |
| 2021 | 5185942000.0000 | 2338924000.0000 | 1611081000.0000 | 1288009000.0000 | 7618032000.0000 | 2043102000.0000 | 5574930000.0000 |
| 2022 | 5867037000.0000 | 2123541000.0000 | 1398119000.0000 | 1156775000.0000 | 7076354000.0000 | 1443313000.0000 | 5633041000.0000 |
| 2023 | 4050581000.0000 | 1062171000.0000 | 493898000.0000 | 400665000.0000 | 7028967000.0000 | 1229212000.0000 | 5799755000.0000 |
| 2024 | 3950833000.0000 | 1164044000.0000 | 596198000.0000 | 482284000.0000 | 7196443000.0000 | 1260473000.0000 | 5935970000.0000 |
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) |
| 2005 | 32.11 | 18.0400 | 17.09 | 18.3700 | 5.01 | -- | 0.95 |
| 2006 | 30.24 | 16.2900 | 17.25 | 18.5400 | 5.37 | -- | 1.06 |
| 2007 | 28.20 | 15.0900 | 11.65 | 16.5600 | 5.30 | -- | 0.77 |
| 2008 | 22.39 | 8.6100 | 6.25 | 11.3600 | 6.55 | -- | 0.73 |
| 2009 | 29.90 | 17.4100 | 15.16 | 25.2700 | 9.08 | -- | 0.87 |
| 2010 | 44.72 | 32.7400 | 19.39 | 35.8500 | 4.23 | -- | 0.59 |
| 2011 | 46.74 | 38.0200 | 24.26 | 40.7800 | 10.07 | -- | 0.64 |
| 2012 | 34.35 | 27.5700 | 12.00 | 19.1100 | 13.09 | -- | 0.44 |
| 2013 | 35.66 | 28.1800 | 8.98 | 14.4900 | 7.34 | -- | 0.32 |
| 2014 | 41.92 | 26.5500 | 8.73 | 14.3700 | 5.48 | -- | 0.33 |
| 2015 | 39.58 | 21.0100 | 7.70 | 11.4900 | 4.99 | -- | 0.37 |
| 2016 | 36.27 | 18.7700 | 7.15 | 9.2300 | 4.99 | -- | 0.38 |
| 2017 | 47.05 | 31.3100 | 15.90 | 22.8100 | 3.07 | -- | 0.51 |
| 2018 | 46.82 | 29.8400 | 19.11 | 25.0900 | 2.82 | -- | 0.64 |
| 2019 | 39.87 | 24.4700 | 13.96 | 18.2000 | 2.57 | -- | 0.57 |
| 2020 | 36.50 | 20.5400 | 9.27 | 11.3100 | 2.20 | -- | 0.46 |
| 2021 | 45.10 | 31.0900 | 21.15 | 23.1000 | 2.25 | -- | 0.68 |
| 2022 | 36.19 | 23.8200 | 19.76 | 20.5400 | 4.12 | -- | 0.83 |
| 2023 | 26.22 | 12.1800 | 7.03 | 6.9100 | 3.68 | -- | 0.58 |
| 2024 | 29.46 | 15.0000 | 8.28 | 8.1200 | 4.57 | -- | 0.55 |
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 |
| 2005 | 15.34 | 84.66 | 4.65 | 3.81 |
| 2006 | 15.60 | 84.40 | 4.27 | 3.37 |
| 2007 | 36.73 | 63.27 | 1.06 | 0.68 |
| 2008 | 51.02 | 48.98 | 0.58 | 0.35 |
| 2009 | 42.60 | 57.40 | 0.61 | 0.42 |
| 2010 | 40.13 | 59.87 | 1.05 | 0.85 |
| 2011 | 41.47 | 58.53 | 3.82 | 3.59 |
| 2012 | 45.77 | 54.23 | 4.53 | 4.34 |
| 2013 | 48.96 | 51.04 | 1.63 | 1.51 |
| 2014 | 51.25 | 48.75 | 1.14 | 1.00 |
| 2015 | 49.24 | 50.76 | 1.00 | 0.79 |
| 2016 | 50.72 | 49.28 | 1.07 | 0.80 |
| 2017 | 47.15 | 52.85 | 1.36 | 0.91 |
| 2018 | 42.54 | 57.46 | 1.13 | 0.65 |
| 2019 | 36.82 | 63.18 | 1.24 | 0.58 |
| 2020 | 34.45 | 65.55 | 1.52 | 0.75 |
| 2021 | 26.82 | 73.18 | 1.60 | 0.66 |
| 2022 | 20.40 | 79.60 | 1.51 | 0.71 |
| 2023 | 17.49 | 82.51 | 1.29 | 0.60 |
| 2024 | 17.52 | 82.48 | 1.21 | 0.68 |
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) |
| 2005 | 361174000.0000 | -- | 59512000.0000 | 23000.0000 |
| 2006 | 480813000.0000 | -- | 79666000.0000 | 67000.0000 |
| 2007 | 563467000.0000 | -- | 86750000.0000 | 897000.0000 |
| 2008 | 825855000.0000 | -- | 107660000.0000 | 9086000.0000 |
| 2009 | 983753000.0000 | -- | 108484000.0000 | 13792000.0000 |
| 2010 | 710528000.0000 | -- | 106827000.0000 | 8773000.0000 |
| 2011 | 963084000.0000 | -- | 143095000.0000 | 12853000.0000 |
| 2012 | 998257000.0000 | -- | 158221000.0000 | 38046000.0000 |
| 2013 | 855224000.0000 | -- | 181513000.0000 | 48359000.0000 |
| 2014 | 906101000.0000 | -- | 193895000.0000 | 67489000.0000 |
| 2015 | 1030707000.0000 | -- | 192628000.0000 | 110340000.0000 |
| 2016 | 1155893000.0000 | -- | 177886000.0000 | 107453000.0000 |
| 2017 | 1574570000.0000 | -- | 317583000.0000 | 22495000.0000 |
| 2018 | 2061551000.0000 | -- | 383878000.0000 | 128975000.0000 |
| 2019 | 2090457000.0000 | -- | 351626000.0000 | 87693000.0000 |
| 2020 | 1968153000.0000 | -- | 377105000.0000 | 13633000.0000 |
| 2021 | 2847018000.0000 | -- | 530253000.0000 | 24372000.0000 |
| 2022 | 3743496000.0000 | -- | 480930000.0000 | 59670000.0000 |
| 2023 | 2988410000.0000 | -- | 379451000.0000 | 46259000.0000 |
| 2024 | 2786789000.0000 | -- | 410979000.0000 | 19545000.0000 |