中商官网
研究报告
新世界百货中国（HK0825）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业额同比 （%) |
营业利润 （港元) |
营业利润同比 （%) |
利润总额 （港元) |
利润总额同比 （%) |
净利润 （港元) |
净利润同比 （%) |
| 2024-12 | 612703000.0000 | -11.83 | 491429000.0000 | -9.59 | 25425000.0000 | 157.52 | 3108000.0000 | 87.57 |
| 2023-12 | 694900000.0000 | -2.05 | 543566000.0000 | 0.99 | 9873000.0000 | -106.74 | 1657000.0000 | -101.00 |
| 2024-06 | 1359456000.0000 | -8.38 | 1063748000.0000 | -4.27 | 37188000.0000 | -113.16 | 13314000.0000 | -104.15 |
| 2022-06 | 1934557000.0000 | -13.87 | 1470101000.0000 | -11.55 | -406549000.0000 | 294.14 | -483381000.0000 | 110.75 |
| 2022-12 | 709427000.0000 | -34.59 | 538225000.0000 | -34.61 | -146540000.0000 | -253.81 | -166118000.0000 | -505.15 |
| 2023-06 | 1483733000.0000 | -23.30 | 1111233000.0000 | -24.41 | -282567000.0000 | -30.50 | -320852000.0000 | -33.62 |
| 2020-12 | 1130834000.0000 | -16.90 | 820852000.0000 | -21.25 | -139572000.0000 | -165.07 | -203882000.0000 | -243.13 |
| 2020-06 | 2232691000.0000 | -36.55 | 1685710000.0000 | -35.33 | -404653000.0000 | -283.25 | -483668000.0000 | -1580.78 |
| 2021-06 | 2245966000.0000 | 0.59 | 1662069000.0000 | -1.40 | -103149000.0000 | -74.51 | -229359000.0000 | -52.58 |
| 2021-12 | 1084559000.0000 | -4.09 | 823079000.0000 | 0.27 | 95275000.0000 | -168.26 | 41002000.0000 | -120.11 |
| 2019-12 | 1360748000.0000 | -24.82 | 1042365000.0000 | -22.30 | 214483000.0000 | 7.69 | 142447000.0000 | 58.82 |
| 2018-12 | 1809880000.0000 | -3.39 | 1341481000.0000 | -4.99 | 199166000.0000 | 8.27 | 89690000.0000 | -12.86 |
| 2019-06 | 3519017000.0000 | -7.91 | 2606686000.0000 | -9.51 | 220824000.0000 | 5.87 | 32663000.0000 | 196.18 |
| 2017-06 | 3484322000.0000 | -4.80 | 2695989000.0000 | -7.16 | 290552000.0000 | 21.68 | 128611000.0000 | 181.78 |
| 2017-12 | 1873339000.0000 | 5.16 | 1411918000.0000 | 2.05 | 183961000.0000 | 15.35 | 102932000.0000 | 10.94 |
| 2018-06 | 3821120000.0000 | 9.67 | 2880568000.0000 | 6.85 | 208582000.0000 | -28.21 | 11028000.0000 | -91.43 |
| 2015-06 | 4029351000.0000 | -2.58 | 3309971000.0000 | -4.48 | 256893000.0000 | -63.95 | 69741000.0000 | -86.60 |
| 2016-06 | 3659896000.0000 | -9.17 | 2903860000.0000 | -12.27 | 238779000.0000 | -7.05 | 45643000.0000 | -34.55 |
| 2016-12 | 1781451000.0000 | -7.90 | 1383609000.0000 | -10.39 | 159482000.0000 | 2.00 | 92782000.0000 | 55.13 |
| 2015-12 | 1934290000.0000 | -5.08 | 1544043000.0000 | -9.90 | 156351000.0000 | -48.28 | 59810000.0000 | -70.96 |
| 2013-12 | 2125287000.0000 | 4.77 | 1775896000.0000 | 6.97 | 472898000.0000 | 8.79 | 349944000.0000 | 5.53 |
| 2014-06 | 4136206000.0000 | 3.11 | 3465132000.0000 | 4.42 | 712560000.0000 | -18.59 | 520525000.0000 | -18.86 |
| 2014-12 | 2037826000.0000 | -4.12 | 1713611000.0000 | -3.51 | 302313000.0000 | -36.07 | 205962000.0000 | -41.14 |
| 2012-12 | 2028611000.0000 | 19.68 | 1660206000.0000 | 16.01 | 434680000.0000 | -4.38 | 331614000.0000 | 0.47 |
| 2011-12 | 1695062000.0000 | 32.03 | 1431118000.0000 | 33.96 | 454589000.0000 | 13.19 | 330048000.0000 | 12.06 |
| 2013-06 | 4011545000.0000 | 14.94 | 3318459000.0000 | 13.69 | 875296000.0000 | 7.72 | 641503000.0000 | 5.55 |
| 2012-06 | 3490100000.0000 | 27.55 | 2918856000.0000 | 27.61 | 812565000.0000 | -27.01 | 607747000.0000 | -28.97 |
| 2010-06 | 1872905000.0000 | 8.81 | 1576739000.0000 | 4.28 | 811304000.0000 | 17.08 | 577607000.0000 | 5.54 |
| 2010-12 | 1283880000.0000 | 29.87 | 1068296000.0000 | 35.13 | 401605000.0000 | 13.93 | 294539000.0000 | 8.28 |
| 2011-06 | 2736197000.0000 | 46.09 | 2287371000.0000 | 45.07 | 1113215000.0000 | 37.21 | 855588000.0000 | 48.13 |
| 2008-12 | 883899000.0000 | 33.26 | 767891000.0000 | 28.91 | 324348000.0000 | 14.30 | 258592000.0000 | 13.50 |
| 2009-12 | 988581000.0000 | 11.84 | 790547000.0000 | 2.95 | 352499000.0000 | 8.68 | 272014000.0000 | 5.19 |
| 2009-06 | 1721246000.0000 | 15.57 | 1511971000.0000 | 15.17 | 692966000.0000 | 15.46 | 547309000.0000 | 14.84 |
| 2008-06 | 1489345000.0000 | 42.26 | 1312770000.0000 | 36.52 | 600183000.0000 | 68.54 | 476575000.0000 | 57.41 |
| 2007-06 | 1046885000.0000 | 39.61 | 961613000.0000 | 28.24 | 356097000.0000 | 94.99 | 302765000.0000 | 91.70 |
| 2007-12 | 663297000.0000 | 36.86 | 595695000.0000 | 33.09 | 283781000.0000 | 67.35 | 227844000.0000 | 62.32 |
| 2005-06 | 594184000.0000 | 27.02 | 594184000.0000 | 27.02 | 128097000.0000 | 13.85 | 100751000.0000 | 34.47 |
| 2006-12 | 484643000.0000 | 40.04 | 447596000.0000 | 29.34 | 169576000.0000 | 92.81 | 140363000.0000 | 97.92 |
| 2005-12 | 346065000.0000 | -- | 346065000.0000 | -- | 87949000.0000 | -- | 70918000.0000 | -- |
| 2006-06 | 749861000.0000 | 26.20 | 749861000.0000 | 26.20 | 182624000.0000 | 42.57 | 157938000.0000 | 56.76 |
| 2004-06 | 467780000.0000 | -- | 467780000.0000 | -- | 112513000.0000 | -- | 74923000.0000 | -- |
| 2025-06 | 1182844000.0000 | -12.99 | 935291000.0000 | -12.08 | 125826000.0000 | 238.35 | 25285000.0000 | 89.91 |
| 2025-12 | 536456000.0000 | -12.44 | 427395000.0000 | -13.03 | 47539000.0000 | 86.98 | -- | -100.00 |
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) |
| 2024-12 | 80.21 | 4.1500 | 0.26 | 0.0900 | 1.71 | -- | 0.06 |
| 2023-12 | 78.22 | 1.4200 | 0.09 | 0.0500 | 1.97 | -- | 0.06 |
| 2024-06 | 78.25 | 2.7400 | 0.36 | 0.3900 | 4.65 | -- | 0.13 |
| 2022-06 | 75.99 | -21.0200 | -3.25 | -12.0700 | 4.91 | -- | 0.15 |
| 2022-12 | 75.87 | -20.6600 | -1.27 | -4.5400 | 1.72 | -- | 0.06 |
| 2023-06 | 74.89 | -19.0400 | -2.62 | -9.5100 | 4.71 | -- | 0.14 |
| 2020-12 | 72.59 | -12.3300 | -1.01 | -4.6800 | 2.92 | -- | 0.08 |
| 2020-06 | 75.50 | -18.1100 | -3.08 | -11.4900 | 5.76 | -- | 0.17 |
| 2021-06 | 74.00 | -4.5900 | -0.73 | -5.1300 | 6.53 | -- | 0.16 |
| 2021-12 | 75.89 | 8.7800 | 0.68 | 0.8900 | 2.19 | -- | 0.08 |
| 2019-12 | 76.60 | 15.7600 | 1.51 | 2.9200 | 2.89 | -- | 0.10 |
| 2018-12 | 74.12 | 11.0000 | 1.59 | 1.5200 | 1.40 | -- | 0.14 |
| 2019-06 | 74.07 | 6.2700 | 1.87 | 0.5600 | 9.66 | -- | 0.30 |
| 2017-06 | 77.37 | 8.3300 | 2.38 | 2.1700 | 3.56 | -- | 0.29 |
| 2017-12 | 75.37 | 9.8300 | 1.35 | 1.6500 | 1.62 | -- | 0.14 |
| 2018-06 | 75.39 | 5.4700 | 1.66 | 0.1800 | 2.96 | -- | 0.30 |
| 2015-06 | 82.15 | 6.3800 | 1.95 | 1.1100 | 3.12 | -- | 0.31 |
| 2016-06 | 79.34 | 6.5300 | 2.04 | 0.7700 | 3.27 | -- | 0.31 |
| 2016-12 | 77.67 | 8.9400 | 1.34 | 1.6200 | 1.74 | -- | 0.15 |
| 2015-12 | 79.82 | 8.0800 | 1.20 | 0.9900 | 1.54 | -- | 0.15 |
| 2013-12 | 83.56 | 22.2500 | 3.20 | 5.0600 | 1.88 | -- | 0.14 |
| 2014-06 | 83.78 | 17.2300 | 5.62 | 8.1100 | 4.18 | -- | 0.33 |
| 2014-12 | 84.09 | 14.8400 | 2.06 | 3.1300 | 2.06 | -- | 0.14 |
| 2012-12 | 81.84 | 21.4300 | 3.24 | 5.1900 | 2.20 | -- | 0.15 |
| 2011-12 | 84.43 | 26.8200 | 3.64 | 5.6600 | 1.67 | -- | 0.14 |
| 2013-06 | 82.72 | 21.8200 | 6.82 | 9.6800 | 4.55 | -- | 0.31 |
| 2012-06 | 83.63 | 23.2800 | 6.89 | 10.1700 | 3.60 | -- | 0.30 |
| 2010-06 | 84.19 | 43.3300 | 11.16 | 12.1100 | 3.77 | -- | 0.26 |
| 2010-12 | 83.21 | 31.2800 | 4.41 | 5.9000 | 1.35 | -- | 0.14 |
| 2011-06 | 83.60 | 40.6800 | 11.51 | 15.3500 | 3.10 | -- | 0.28 |
| 2008-12 | 86.88 | 36.7000 | 5.15 | 6.1000 | 1.80 | -- | 0.14 |
| 2009-12 | 79.97 | 35.6800 | 4.98 | 5.9100 | 3.28 | -- | 0.14 |
| 2009-06 | 87.84 | 40.3800 | 11.00 | 12.3600 | 3.92 | -- | 0.27 |
| 2008-06 | 88.14 | 40.3000 | 10.42 | 11.6000 | 3.07 | -- | 0.26 |
| 2007-06 | 91.85 | 34.0100 | 17.30 | 35.3200 | 2.87 | -- | 0.51 |
| 2007-12 | 89.81 | 42.7800 | 5.29 | 6.1100 | 1.68 | -- | 0.12 |
| 2005-06 | 100.00 | 21.5600 | 11.37 | 284.0200 | 0.00 | -- | 0.53 |
| 2006-12 | 92.36 | 34.9900 | 8.29 | 19.1000 | 1.44 | -- | 0.24 |
| 2005-12 | 100.00 | 25.4100 | -- | -- | -- | -- | -- |
| 2006-06 | 100.00 | 24.3500 | 11.25 | 83.8100 | 0.00 | -- | 0.46 |
| 2004-06 | 100.00 | 24.0500 | 12.02 | -115.2200 | 0.00 | -- | 0.50 |
| 2025-06 | 79.07 | 10.6400 | 1.27 | 0.7200 | 4.90 | -- | 0.12 |
| 2025-12 | 79.67 | -- | 0.49 | -- | -- | -- | 0.06 |
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 |
| 2024-12 | 65.53 | 34.47 | 0.30 | 0.28 |
| 2023-12 | 68.50 | 31.50 | 0.29 | 0.27 |
| 2024-06 | 66.88 | 33.12 | 0.31 | 0.29 |
| 2022-06 | 68.01 | 31.99 | 0.34 | 0.32 |
| 2022-12 | 68.34 | 31.66 | 0.33 | 0.30 |
| 2023-06 | 68.72 | 31.28 | 0.29 | 0.27 |
| 2020-12 | 68.36 | 31.64 | 0.50 | 0.48 |
| 2020-06 | 67.91 | 32.09 | 0.45 | 0.43 |
| 2021-06 | 68.48 | 31.52 | 0.46 | 0.44 |
| 2021-12 | 67.19 | 32.81 | 0.46 | 0.43 |
| 2019-12 | 65.69 | 34.31 | 0.53 | 0.51 |
| 2018-12 | 52.79 | 47.21 | 0.61 | 0.55 |
| 2019-06 | 50.48 | 49.52 | 0.60 | 0.58 |
| 2017-06 | 51.51 | 48.49 | 0.64 | 0.59 |
| 2017-12 | 54.30 | 45.70 | 0.64 | 0.59 |
| 2018-06 | 51.39 | 48.61 | 0.58 | 0.52 |
| 2015-06 | 52.21 | 47.79 | 0.81 | 0.75 |
| 2016-06 | 49.51 | 50.49 | 0.52 | 0.46 |
| 2016-12 | 51.98 | 48.02 | 0.62 | 0.57 |
| 2015-12 | 53.39 | 46.61 | 0.78 | 0.72 |
| 2013-12 | 53.26 | 46.74 | 0.75 | 0.72 |
| 2014-06 | 49.39 | 50.61 | 0.60 | 0.56 |
| 2014-12 | 55.18 | 44.82 | 0.86 | 0.83 |
| 2012-12 | 52.30 | 47.70 | 1.09 | 1.06 |
| 2011-12 | 53.25 | 46.75 | 1.16 | 1.12 |
| 2013-06 | 48.38 | 51.62 | 0.85 | 0.81 |
| 2012-06 | 49.39 | 50.61 | 1.18 | 1.14 |
| 2010-06 | 34.42 | 65.58 | 2.01 | 1.97 |
| 2010-12 | 45.22 | 54.78 | 1.45 | 1.41 |
| 2011-06 | 42.39 | 57.61 | 1.46 | 1.42 |
| 2008-12 | 32.70 | 67.30 | 2.16 | 2.12 |
| 2009-12 | 34.95 | 65.05 | 2.04 | 2.01 |
| 2009-06 | 29.68 | 70.32 | 2.45 | 2.41 |
| 2008-06 | 28.71 | 71.29 | 2.78 | 2.74 |
| 2007-06 | 58.35 | 41.65 | 1.22 | 1.20 |
| 2007-12 | 30.41 | 69.59 | 3.07 | 3.04 |
| 2005-06 | 96.85 | 3.15 | 0.45 | 0.43 |
| 2006-12 | 64.08 | 35.92 | 1.04 | 1.02 |
| 2005-12 | -- | -- | -- | -- |
| 2006-06 | 88.39 | 11.61 | 0.63 | 0.62 |
| 2004-06 | 106.95 | -6.95 | 0.35 | 0.34 |
| 2025-06 | 64.62 | 35.38 | 0.35 | 0.33 |
| 2025-12 | 63.40 | 0.00 | 0.00 | 0.00 |
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) |
| 2024/12/31 0:00:00 | 121274000.0000 | -- | 345062000.0000 | 89138000.0000 |
| 2023/12/31 0:00:00 | 151334000.0000 | -- | 374577000.0000 | 111419000.0000 |
| 2024/6/30 0:00:00 | 295708000.0000 | -- | 778523000.0000 | 217522000.0000 |
| 2022/6/30 0:00:00 | 464456000.0000 | -- | 1120204000.0000 | 206954000.0000 |
| 2022/12/31 0:00:00 | 171202000.0000 | -- | 410870000.0000 | 100360000.0000 |
| 2023/6/30 0:00:00 | 372500000.0000 | -- | 881450000.0000 | 203172000.0000 |
| 2020/12/31 0:00:00 | 309982000.0000 | -- | 583820000.0000 | 97140000.0000 |
| 2020/6/30 0:00:00 | 546981000.0000 | -- | 1181657000.0000 | 206354000.0000 |
| 2021/6/30 0:00:00 | 583897000.0000 | -- | 1178313000.0000 | 192489000.0000 |
| 2021/12/31 0:00:00 | 261480000.0000 | -- | 563933000.0000 | 112006000.0000 |
| 2019/12/31 0:00:00 | 318383000.0000 | -- | 631883000.0000 | 104719000.0000 |
| 2018/12/31 0:00:00 | 468399000.0000 | -- | 958300000.0000 | -6546000.0000 |
| 2019/6/30 0:00:00 | 912331000.0000 | -- | 1947193000.0000 | -16182000.0000 |
| 2017/6/30 0:00:00 | 788333000.0000 | -- | 1936581000.0000 | -12295000.0000 |
| 2017/12/31 0:00:00 | 461421000.0000 | -- | 1036749000.0000 | -9755000.0000 |
| 2018/6/30 0:00:00 | 940552000.0000 | -- | 2162742000.0000 | -23789000.0000 |
| 2015/6/30 0:00:00 | 719380000.0000 | -- | 2283198000.0000 | -26031000.0000 |
| 2016/6/30 0:00:00 | 756036000.0000 | -- | 2097848000.0000 | -29209000.0000 |
| 2016/12/31 0:00:00 | 397842000.0000 | -- | 978366000.0000 | -3013000.0000 |
| 2015/12/31 0:00:00 | 390247000.0000 | -- | 1082626000.0000 | -18693000.0000 |
| 2013/12/31 0:00:00 | 349391000.0000 | -- | 962108000.0000 | -12539000.0000 |
| 2014/6/30 0:00:00 | 671074000.0000 | -- | 2101086000.0000 | -35351000.0000 |
| 2014/12/31 0:00:00 | 324215000.0000 | -- | 1134206000.0000 | -11133000.0000 |
| 2012/12/31 0:00:00 | 368405000.0000 | -- | 930632000.0000 | -12442000.0000 |
| 2011/12/31 0:00:00 | 263944000.0000 | -- | 820137000.0000 | -17843000.0000 |
| 2013/6/30 0:00:00 | 693086000.0000 | -- | 1873052000.0000 | -40839000.0000 |
| 2012/6/30 0:00:00 | 571244000.0000 | -- | 1698477000.0000 | -25720000.0000 |
| 2010/6/30 0:00:00 | 296166000.0000 | -- | 800910000.0000 | -- |
| 2010/12/31 0:00:00 | 215584000.0000 | -- | 626661000.0000 | -23462000.0000 |
| 2011/6/30 0:00:00 | 448826000.0000 | -- | 1397749000.0000 | -56461000.0000 |
| 2008/12/31 0:00:00 | 116008000.0000 | -- | 378951000.0000 | -- |
| 2009/12/31 0:00:00 | 198034000.0000 | -- | 372767000.0000 | -- |
| 2009/6/30 0:00:00 | 209275000.0000 | -- | 748649000.0000 | -- |
| 2008/6/30 0:00:00 | 176575000.0000 | -- | 650619000.0000 | -10789000.0000 |
| 2007/6/30 0:00:00 | 85272000.0000 | -- | 512524000.0000 | -5300000.0000 |
| 2007/12/31 0:00:00 | 67602000.0000 | -- | 299290000.0000 | -10789000.0000 |
| 2005/6/30 0:00:00 | -- | -- | 325359000.0000 | 340000.0000 |
| 2006/12/31 0:00:00 | 37047000.0000 | -- | 249219000.0000 | -5300000.0000 |
| 2005/12/31 0:00:00 | -- | -- | 204124000.0000 | -6275000.0000 |
| 2006/6/30 0:00:00 | -- | -- | 444900000.0000 | -10677000.0000 |
| 2004/6/30 0:00:00 | -- | -- | 254074000.0000 | 187000.0000 |
| 2025/6/30 0:00:00 | 247553000.0000 | -- | 716421000.0000 | 162434000.0000 |
| 2025/12/31 0:00:00 | 109061000.0000 | -- | 311938000.0000 | 65405000.0000 |