中商官网
研究报告
新华联资本（HK0758）
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 | 170308000.0000 | 82545000.0000 | 71892000.0000 | 64264000.0000 | 678231000.0000 | 363319000.0000 | 314912000.0000 |
| 2000 | 119867000.0000 | 34334000.0000 | -58183000.0000 | -46051000.0000 | 622493000.0000 | 390870000.0000 | 231623000.0000 |
| 2001 | 121746000.0000 | 16098000.0000 | -12935000.0000 | 1379000.0000 | 595758000.0000 | 416845000.0000 | 178913000.0000 |
| 2002 | 73710000.0000 | -8900000.0000 | -116333000.0000 | -118932000.0000 | 436158000.0000 | 370445000.0000 | 65713000.0000 |
| 2003 | 30490000.0000 | 11570000.0000 | -82190000.0000 | -91579000.0000 | 351953000.0000 | 377267000.0000 | -25314000.0000 |
| 2004 | 44168000.0000 | 7010000.0000 | 4083000.0000 | -3119000.0000 | 114041000.0000 | 163930000.0000 | -49889000.0000 |
| 2005 | 36205000.0000 | -1206000.0000 | 877000.0000 | 2873000.0000 | 130232000.0000 | 179363000.0000 | -49131000.0000 |
| 2006 | 27578000.0000 | 16713000.0000 | 7737000.0000 | 7745000.0000 | 100572000.0000 | 142490000.0000 | -41918000.0000 |
| 2007 | 15078000.0000 | 11037000.0000 | 47452000.0000 | 44291000.0000 | 162561000.0000 | 161304000.0000 | 1257000.0000 |
| 2008 | 32095000.0000 | 28026000.0000 | 94980000.0000 | 90483000.0000 | 254102000.0000 | 163195000.0000 | 90907000.0000 |
| 2009 | 120006000.0000 | 56435000.0000 | 123779000.0000 | 108692000.0000 | 629759000.0000 | 241788000.0000 | 387971000.0000 |
| 2010 | 213070000.0000 | 83418000.0000 | 134539000.0000 | 104903000.0000 | 732614000.0000 | 243738000.0000 | 488876000.0000 |
| 2011 | 261780000.0000 | 120549000.0000 | 194153000.0000 | 140144000.0000 | 830764000.0000 | 205065000.0000 | 625699000.0000 |
| 2012 | 208508000.0000 | 112137000.0000 | 204337000.0000 | 165324000.0000 | 1049973000.0000 | 296874000.0000 | 753099000.0000 |
| 2013 | 156545000.0000 | 45909000.0000 | 96246000.0000 | 79361000.0000 | 1141671000.0000 | 272519000.0000 | 869152000.0000 |
| 2014 | 354757000.0000 | 64775000.0000 | -92166000.0000 | -104923000.0000 | 922807000.0000 | 235255000.0000 | 687552000.0000 |
| 2015 | 298688000.0000 | 19588000.0000 | -73764000.0000 | -69434000.0000 | 798749000.0000 | 206670000.0000 | 592079000.0000 |
| 2016 | 154401000.0000 | 6850000.0000 | -51881000.0000 | -36495000.0000 | 483730000.0000 | 139012000.0000 | 344718000.0000 |
| 2017 | 36275000.0000 | 5237000.0000 | -63891000.0000 | -44895000.0000 | 440295000.0000 | 145647000.0000 | 294648000.0000 |
| 2018 | 184704000.0000 | 6452000.0000 | -139665000.0000 | -111784000.0000 | 393394000.0000 | 133527000.0000 | 259867000.0000 |
| 2019 | 337839000.0000 | 9725000.0000 | -102143000.0000 | -88810000.0000 | 329261000.0000 | 150294000.0000 | 178967000.0000 |
| 2020 | 262463000.0000 | 944000.0000 | -72542000.0000 | -64848000.0000 | 268582000.0000 | 149580000.0000 | 119002000.0000 |
| 2021 | 486321000.0000 | 20011000.0000 | -37473000.0000 | -32552000.0000 | 428059000.0000 | 345144000.0000 | 82915000.0000 |
| 2022 | 764114000.0000 | 21108000.0000 | -6469000.0000 | -4526000.0000 | 273485000.0000 | 201572000.0000 | 71913000.0000 |
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 | 48.47 | 18.2800 | 10.60 | 27.5500 | 0.49 | -- | 0.25 |
| 2000 | 28.64 | -82.0000 | -9.35 | -25.6000 | 0.72 | -- | 0.19 |
| 2001 | 13.22 | -46.9900 | -2.17 | 0.8600 | 1.78 | -- | 0.20 |
| 2002 | -12.07 | -215.5600 | -26.67 | -228.4100 | 1.49 | -- | 0.17 |
| 2003 | 37.95 | -413.2700 | -23.35 | 316.7200 | 0.34 | -- | 0.09 |
| 2004 | 15.87 | -47.5000 | 3.58 | 6.0000 | -- | -- | 0.39 |
| 2005 | -3.33 | -120.8400 | 0.67 | -5.8500 | -- | -- | 0.28 |
| 2006 | 60.60 | -68.8700 | 7.69 | -18.4800 | 0.79 | -- | 0.27 |
| 2007 | 73.20 | -113.9900 | 29.19 | 3523.5500 | 0.30 | -- | 0.09 |
| 2008 | 87.32 | 21.1100 | 37.38 | 99.5300 | -- | -- | 0.13 |
| 2009 | 47.03 | 31.4000 | 19.65 | 37.1800 | 2.74 | -- | 0.19 |
| 2010 | 39.15 | 17.6300 | 18.36 | 27.8700 | 5.19 | -- | 0.29 |
| 2011 | 46.05 | 21.5200 | 23.37 | 27.6500 | 33.61 | -- | 0.32 |
| 2012 | 53.78 | 27.7600 | 19.46 | 26.9500 | 28.74 | -- | 0.20 |
| 2013 | 29.33 | -55.3900 | 8.43 | 11.1200 | 1.67 | -- | 0.14 |
| 2014 | 18.26 | -24.1400 | -9.99 | -17.6900 | 3.78 | -- | 0.38 |
| 2015 | 6.56 | -24.3700 | -9.23 | -13.6300 | 6.16 | -- | 0.37 |
| 2016 | 4.44 | -33.6000 | -10.73 | -13.0900 | 8.88 | -- | 0.32 |
| 2017 | 14.44 | -176.1300 | -14.51 | -18.5600 | 1.67 | -- | 0.08 |
| 2018 | 3.49 | -75.6200 | -35.50 | -48.6700 | 9.28 | -- | 0.47 |
| 2019 | 2.88 | -30.2300 | -31.02 | -55.8200 | 10.64 | -- | 1.03 |
| 2020 | 0.36 | -27.6400 | -27.01 | -60.8600 | 9.25 | -- | 0.98 |
| 2021 | 4.11 | -7.7100 | -8.75 | -39.2600 | 21.17 | -- | 1.14 |
| 2022 | 2.76 | -0.8500 | -2.37 | -6.2900 | 24.59 | -- | 2.79 |
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 | 53.57 | 46.43 | 2.30 | 1.32 |
| 2000 | 62.79 | 37.21 | 1.81 | 1.14 |
| 2001 | 69.97 | 30.03 | 1.42 | 1.03 |
| 2002 | 84.93 | 15.07 | 1.45 | 1.05 |
| 2003 | 107.19 | -7.19 | 1.06 | 0.50 |
| 2004 | 143.75 | -43.75 | 0.40 | 0.40 |
| 2005 | 137.73 | -37.73 | 0.41 | 0.41 |
| 2006 | 141.68 | -41.68 | 0.43 | 0.24 |
| 2007 | 99.23 | 0.77 | 0.18 | 0.10 |
| 2008 | 64.22 | 35.78 | 0.09 | 0.09 |
| 2009 | 38.39 | 61.61 | 1.50 | 1.28 |
| 2010 | 33.27 | 66.73 | 1.56 | 1.37 |
| 2011 | 24.68 | 75.32 | 1.58 | 1.55 |
| 2012 | 28.27 | 71.73 | 1.55 | 1.54 |
| 2013 | 23.87 | 76.13 | 1.51 | 1.17 |
| 2014 | 25.49 | 74.51 | 1.58 | 1.11 |
| 2015 | 25.87 | 74.13 | 1.42 | 1.09 |
| 2016 | 28.74 | 71.26 | 1.75 | 1.55 |
| 2017 | 33.08 | 66.92 | 1.75 | 1.49 |
| 2018 | 33.94 | 66.06 | 1.61 | 1.41 |
| 2019 | 45.65 | 54.35 | 1.06 | 0.80 |
| 2020 | 55.69 | 44.31 | 0.71 | 0.47 |
| 2021 | 80.63 | 19.37 | 0.69 | 0.61 |
| 2022 | 73.70 | 26.30 | 0.97 | 0.79 |
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 | 87763000.0000 | -- | 16319000.0000 | 20905000.0000 |
| 2000 | 85533000.0000 | -- | 21586000.0000 | 23105000.0000 |
| 2001 | 105648000.0000 | -- | 20423000.0000 | 24685000.0000 |
| 2002 | 82610000.0000 | -- | 17973000.0000 | 24195000.0000 |
| 2003 | 18920000.0000 | -- | 9016000.0000 | 23402000.0000 |
| 2004 | 37158000.0000 | -- | 6967000.0000 | 11669000.0000 |
| 2005 | 37411000.0000 | -- | 5080000.0000 | 11959000.0000 |
| 2006 | 10865000.0000 | -- | 7015000.0000 | 8225000.0000 |
| 2007 | 4041000.0000 | -- | 6744000.0000 | 6933000.0000 |
| 2008 | 4069000.0000 | -- | 7004000.0000 | 6456000.0000 |
| 2009 | 63571000.0000 | -- | 23854000.0000 | 3180000.0000 |
| 2010 | 129652000.0000 | -- | 36711000.0000 | 7943000.0000 |
| 2011 | 141231000.0000 | -- | 41385000.0000 | 8401000.0000 |
| 2012 | 96371000.0000 | -- | 49001000.0000 | 1297000.0000 |
| 2013 | 110636000.0000 | -- | 64732000.0000 | 5643000.0000 |
| 2014 | 289982000.0000 | -- | 64952000.0000 | 3250000.0000 |
| 2015 | 279100000.0000 | -- | 61847000.0000 | 584000.0000 |
| 2016 | 147551000.0000 | -- | 39771000.0000 | 884000.0000 |
| 2017 | 31038000.0000 | -- | 46374000.0000 | 4908000.0000 |
| 2018 | 178252000.0000 | -- | 58506000.0000 | 10088000.0000 |
| 2019 | 328114000.0000 | -- | 52087000.0000 | 4293000.0000 |
| 2020 | 261519000.0000 | -- | 52524000.0000 | 3064000.0000 |
| 2021 | 466310000.0000 | -- | 58080000.0000 | 4141000.0000 |
| 2022 | 743006000.0000 | -- | 29002000.0000 | 4137000.0000 |