中商官网
研究报告
中国联通（HK0762）
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 | 17450007000.0000 | 13462933000.0000 | 1759006000.0000 | 839147000.0000 | 45366065000.0000 | 34297437000.0000 | 11068628000.0000 |
| 2000 | 23692458000.0000 | 20120055000.0000 | 4482731000.0000 | 3234051000.0000 | 112828826000.0000 | 54721172000.0000 | 58107654000.0000 |
| 2001 | 29392886000.0000 | 25978058000.0000 | 5462588000.0000 | 4456761000.0000 | 127904892000.0000 | 65394324000.0000 | 62510568000.0000 |
| 2002 | 40576525000.0000 | 35110679000.0000 | 6303166000.0000 | 4598213000.0000 | 149628205000.0000 | 82409413000.0000 | 67218792000.0000 |
| 2003 | 67636325000.0000 | 58063487000.0000 | 6095849000.0000 | 4217097000.0000 | 149837930000.0000 | 80222440000.0000 | 69615490000.0000 |
| 2004 | 79087124000.0000 | 69007893000.0000 | 6470592000.0000 | 4493451000.0000 | 149038395000.0000 | 76596154000.0000 | 72442241000.0000 |
| 2005 | 87048831000.0000 | 75101145000.0000 | 7101697000.0000 | 4931052000.0000 | 142629989000.0000 | 66342910000.0000 | 76287079000.0000 |
| 2006 | 95347315000.0000 | 80761214000.0000 | 6564912000.0000 | 3800920000.0000 | 148296714000.0000 | 68432549000.0000 | 79864165000.0000 |
| 2007 | 150687000000.0000 | 123451000000.0000 | 27241000000.0000 | 21437000000.0000 | 334087000000.0000 | 155571000000.0000 | 178516000000.0000 |
| 2008 | 159792000000.0000 | 128018000000.0000 | 9653000000.0000 | 35398000000.0000 | 348752000000.0000 | 141025000000.0000 | 207727000000.0000 |
| 2009 | 153945000000.0000 | 117262000000.0000 | 12277000000.0000 | 9556000000.0000 | 417045000000.0000 | 210578000000.0000 | 206467000000.0000 |
| 2010 | 171370000000.0000 | 131256000000.0000 | 4584000000.0000 | 3701000000.0000 | 441269000000.0000 | 235608000000.0000 | 205661000000.0000 |
| 2011 | 209167000000.0000 | 163338000000.0000 | 5598000000.0000 | 4227000000.0000 | 456233000000.0000 | 250335000000.0000 | 205898000000.0000 |
| 2012 | 248926000000.0000 | 197729000000.0000 | 9521000000.0000 | 7096000000.0000 | 516124000000.0000 | 306619000000.0000 | 209505000000.0000 |
| 2013 | 295038000000.0000 | 241126000000.0000 | 13714000000.0000 | 10408000000.0000 | 529171000000.0000 | 310272000000.0000 | 218899000000.0000 |
| 2014 | 284681000000.0000 | 232231000000.0000 | 15931000000.0000 | 12055000000.0000 | 545072000000.0000 | 317531000000.0000 | 227541000000.0000 |
| 2015 | 277049000000.0000 | 221648000000.0000 | 14035000000.0000 | 10562000000.0000 | 610346000000.0000 | 379130000000.0000 | 231216000000.0000 |
| 2016 | 274197000000.0000 | 210291000000.0000 | 784000000.0000 | 625000000.0000 | 614154000000.0000 | 386472000000.0000 | 227682000000.0000 |
| 2017 | 274829000000.0000 | 207705000000.0000 | 2593000000.0000 | 1828000000.0000 | 571983000000.0000 | 267636000000.0000 | 304347000000.0000 |
| 2018 | 290877000000.0000 | 223221000000.0000 | 13081000000.0000 | 10197000000.0000 | 540320000000.0000 | 226034000000.0000 | 314286000000.0000 |
| 2019 | 290515000000.0000 | 235766000000.0000 | 14167000000.0000 | 11330000000.0000 | 562499000000.0000 | 241744000000.0000 | 320755000000.0000 |
| 2020 | 303838000000.0000 | 246978000000.0000 | 16027000000.0000 | 12493000000.0000 | 580616000000.0000 | 253096000000.0000 | 327520000000.0000 |
| 2021 | 327854000000.0000 | 263210000000.0000 | 17927000000.0000 | 14368000000.0000 | 591076000000.0000 | 257643000000.0000 | 333433000000.0000 |
| 2022 | 354944000000.0000 | 287572000000.0000 | 20588000000.0000 | 16745000000.0000 | 642663000000.0000 | 299127000000.0000 | 343536000000.0000 |
| 2023 | 372597000000.0000 | 301277000000.0000 | 22945000000.0000 | 18726000000.0000 | 661051000000.0000 | 307153000000.0000 | 353898000000.0000 |
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 | 77.15 | -- | 3.88 | 9.83 | 5.43 | -- | 0.38 |
| 2000 | 84.92 | -- | 3.97 | 5.65 | 5.26 | -- | 0.21 |
| 2001 | 88.38 | -- | 4.27 | 7.23 | 4.54 | -- | 0.23 |
| 2002 | 86.53 | -- | 4.21 | 6.9 | 1.69 | -- | 0.27 |
| 2003 | 85.85 | -- | 4.07 | 6.06 | 4.41 | -- | 0.45 |
| 2004 | 87.26 | -- | 4.34 | 6.2 | 3.24 | -- | 0.53 |
| 2005 | 86.27 | -- | 4.98 | 6.46 | 5.67 | -- | 0.61 |
| 2006 | 84.70 | -- | 4.43 | 4.76 | 6.14 | -- | 0.64 |
| 2007 | 81.93 | -- | 8.15 | 12.01 | 9.68 | -- | 0.45 |
| 2008 | 80.12 | -- | 2.77 | 17.04 | 29.10 | -- | 0.46 |
| 2009 | 76.17 | -- | 2.94 | 4.63 | 15.21 | -- | 0.37 |
| 2010 | 76.59 | -- | 1.04 | 1.8 | 10.76 | -- | 0.39 |
| 2011 | 78.09 | -- | 1.23 | 2.05 | 9.85 | -- | 0.46 |
| 2012 | 79.43 | -- | 1.84 | 3.39 | 8.82 | -- | 0.48 |
| 2013 | 81.73 | -- | 2.59 | 4.75 | 9.74 | -- | 0.56 |
| 2014 | 81.58 | -- | 2.92 | 5.3 | 11.98 | -- | 0.52 |
| 2015 | 80.00 | -- | 2.30 | 4.57 | 14.04 | -- | 0.45 |
| 2016 | 76.69 | -- | 0.13 | 0.27 | 26.29 | -- | 0.45 |
| 2017 | 75.58 | -- | 0.45 | 0.6 | 29.98 | -- | 0.48 |
| 2018 | 76.74 | -- | 2.42 | 3.25 | 28.33 | -- | 0.54 |
| 2019 | 81.15 | -- | 2.52 | 3.54 | 23.21 | -- | 0.52 |
| 2020 | 81.29 | -- | 2.76 | 3.83 | 29.14 | -- | 0.52 |
| 2021 | 80.28 | -- | 3.03 | 4.32 | 35.02 | -- | 0.55 |
| 2022 | 81.02 | -- | 3.20 | 4.9 | 35.80 | -- | 0.55 |
| 2023 | 80.86 | -- | 3.47 | 5.33 | 32.17 | -- | 0.56 |
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 | 75.60 | 24.40 | -- | -- |
| 2000 | 48.50 | 51.50 | -- | -- |
| 2001 | 51.13 | 48.87 | -- | -- |
| 2002 | 55.08 | 44.92 | -- | -- |
| 2003 | 53.54 | 46.46 | -- | -- |
| 2004 | 51.39 | 48.61 | -- | -- |
| 2005 | 46.51 | 53.49 | -- | -- |
| 2006 | 46.15 | 53.85 | -- | -- |
| 2007 | 46.57 | 53.43 | -- | -- |
| 2008 | 40.44 | 59.56 | -- | -- |
| 2009 | 50.49 | 49.51 | -- | -- |
| 2010 | 53.39 | 46.61 | -- | -- |
| 2011 | 54.87 | 45.13 | -- | -- |
| 2012 | 59.41 | 40.59 | -- | -- |
| 2013 | 58.63 | 41.37 | -- | -- |
| 2014 | 58.25 | 41.75 | -- | -- |
| 2015 | 62.12 | 37.88 | -- | -- |
| 2016 | 62.93 | 37.07 | -- | -- |
| 2017 | 46.79 | 53.21 | -- | -- |
| 2018 | 41.83 | 58.17 | -- | -- |
| 2019 | 42.98 | 57.02 | -- | -- |
| 2020 | 43.59 | 56.41 | -- | -- |
| 2021 | 43.59 | 56.41 | -- | -- |
| 2022 | 46.54 | 53.46 | -- | -- |
| 2023 | 46.46 | 53.54 | -- | -- |
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 | 3987074000.0000 | -- | 6724780000.0000 | 703211000.0000 |
| 2000 | 3572403000.0000 | -- | 10412944000.0000 | -395059000.0000 |
| 2001 | 3414828000.0000 | -- | 14646115000.0000 | -179406000.0000 |
| 2002 | 5465846000.0000 | -- | 19290098000.0000 | 1004159000.0000 |
| 2003 | 9572838000.0000 | -- | 28862196000.0000 | 1762989000.0000 |
| 2004 | 10079231000.0000 | -- | 23626131000.0000 | 1593168000.0000 |
| 2005 | 11947686000.0000 | -- | 25984493000.0000 | 1003125000.0000 |
| 2006 | 14586101000.0000 | -- | 29367247000.0000 | 396090000.0000 |
| 2007 | 27236000000.0000 | -- | 64909000000.0000 | 2946000000.0000 |
| 2008 | 31774000000.0000 | -- | 68719000000.0000 | 2158000000.0000 |
| 2009 | 36683000000.0000 | -- | 69518000000.0000 | 945000000.0000 |
| 2010 | 40114000000.0000 | -- | 78002000000.0000 | 1606000000.0000 |
| 2011 | 45829000000.0000 | -- | 84622000000.0000 | 1244000000.0000 |
| 2012 | 51197000000.0000 | -- | 89835000000.0000 | 3424000000.0000 |
| 2013 | 53912000000.0000 | -- | 99979000000.0000 | 2940000000.0000 |
| 2014 | 52450000000.0000 | -- | 108520000000.0000 | 4334000000.0000 |
| 2015 | 55401000000.0000 | -- | 111878000000.0000 | 6496000000.0000 |
| 2016 | 63906000000.0000 | -- | 113712000000.0000 | 3857000000.0000 |
| 2017 | 67124000000.0000 | -- | 119963000000.0000 | 4087000000.0000 |
| 2018 | 67656000000.0000 | -- | 123920000000.0000 | -87000000.0000 |
| 2019 | 54749000000.0000 | -- | 133596000000.0000 | 851000000.0000 |
| 2020 | 56860000000.0000 | -- | 138757000000.0000 | 381000000.0000 |
| 2021 | 64644000000.0000 | -- | 144596000000.0000 | 170000000.0000 |
| 2022 | 67372000000.0000 | -- | 147555000000.0000 | -652000000.0000 |
| 2023 | 71320000000.0000 | -- | 147786000000.0000 | -124000000.0000 |