中商官网
研究报告
王朝酒业（HK0828）
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 （%) |
| 2023-12 | 262801000.0000 | 8.88 | 90666000.0000 | -1.83 | 20647000.0000 | 33.27 | 21338000.0000 | 30.64 |
| 2024-06 | 135347000.0000 | 5.60 | 48767000.0000 | 3.29 | 17978000.0000 | 74.44 | 18510000.0000 | 72.80 |
| 2024-12 | 271372000.0000 | 3.26 | 104720000.0000 | 15.50 | 33552000.0000 | 62.50 | 33440000.0000 | 56.72 |
| 2023-06 | 128168000.0000 | 26.76 | 47212000.0000 | 16.22 | 10306000.0000 | -7.80 | 10712000.0000 | 0.09 |
| 2022-12 | 241363000.0000 | -21.11 | 92353000.0000 | -24.26 | 15493000.0000 | -52.99 | 16333000.0000 | -50.22 |
| 2022-06 | 101113000.0000 | -43.71 | 40624000.0000 | -40.07 | 11178000.0000 | -42.32 | 10702000.0000 | -45.08 |
| 2021-12 | 305950000.0000 | 28.19 | 121931000.0000 | 102.82 | 32955000.0000 | -81.50 | 32811000.0000 | -71.81 |
| 2020-06 | 89886000.0000 | -31.99 | 26635000.0000 | -46.03 | 203806000.0000 | -728.35 | 142681000.0000 | -543.23 |
| 2021-06 | 179632000.0000 | 99.84 | 67781000.0000 | 154.48 | 19381000.0000 | -90.49 | 19485000.0000 | -86.34 |
| 2020-12 | 238673000.0000 | -21.06 | 60119000.0000 | -22.97 | 178122000.0000 | -357.24 | 116378000.0000 | -259.55 |
| 2019-06 | 132175000.0000 | -20.14 | 49353000.0000 | 11.61 | -32435000.0000 | 13.46 | -32191000.0000 | 13.66 |
| 2019-12 | 302333000.0000 | -12.35 | 78049000.0000 | -16.13 | -69244000.0000 | -12.54 | -72943000.0000 | -7.28 |
| 2018-12 | 344933000.0000 | -10.05 | 93056000.0000 | 5.93 | -79172000.0000 | -41.45 | -78668000.0000 | -41.13 |
| 2017-06 | 235740000.0000 | -1.27 | 77531000.0000 | 18.97 | -27465000.0000 | -63.07 | -26701000.0000 | -63.88 |
| 2017-12 | 383470000.0000 | -15.20 | 87846000.0000 | -22.51 | -135227000.0000 | 33.57 | -133625000.0000 | 32.79 |
| 2018-06 | 165506000.0000 | -29.79 | 44220000.0000 | -42.96 | -28586000.0000 | 4.08 | -28323000.0000 | 6.07 |
| 2016-06 | 238761000.0000 | -24.41 | 65171000.0000 | -15.02 | -74380000.0000 | 118.23 | -73917000.0000 | 124.10 |
| 2015-12 | 627207000.0000 | -6.28 | 128698000.0000 | 159.30 | -206949000.0000 | -47.76 | -205551000.0000 | -47.77 |
| 2015-06 | 315864000.0000 | -12.74 | 76693000.0000 | 4590.70 | -34083000.0000 | -75.76 | -32984000.0000 | -76.05 |
| 2016-12 | 452181000.0000 | -27.91 | 113357000.0000 | -11.92 | -101240000.0000 | -51.08 | -100632000.0000 | -51.04 |
| 2013-12 | 873700000.0000 | -24.27 | 86924000.0000 | -81.07 | -516753000.0000 | 523.64 | -552459000.0000 | 417.37 |
| 2014-06 | 361962000.0000 | -24.50 | 1635000.0000 | -99.14 | -140591000.0000 | 118.44 | -137741000.0000 | 85.80 |
| 2014-12 | 669257000.0000 | -23.40 | 49632000.0000 | -42.90 | -396151000.0000 | -23.34 | -393523000.0000 | -28.77 |
| 2012-06 | 556439000.0000 | -29.63 | 246700000.0000 | -25.08 | 1838000.0000 | -97.45 | -4697000.0000 | -108.92 |
| 2013-06 | 479391000.0000 | -13.85 | 189461000.0000 | -23.20 | -64360000.0000 | -3601.63 | -74136000.0000 | 1478.37 |
| 2012-12 | 1153700000.0000 | -23.71 | 459298000.0000 | -28.34 | -82861000.0000 | -860.05 | -106782000.0000 | 2556.27 |
| 2010-06 | 784848000.0000 | 14.18 | 391726000.0000 | 14.42 | 154556000.0000 | 17.63 | 114110000.0000 | 17.89 |
| 2010-12 | 1614610000.0000 | 8.91 | 812703000.0000 | 7.57 | 226320000.0000 | 6.59 | 158808000.0000 | 1.72 |
| 2011-06 | 790686000.0000 | 0.74 | 329286000.0000 | -15.94 | 72064000.0000 | -53.37 | 52652000.0000 | -53.86 |
| 2011-12 | 1512199000.0000 | -6.34 | 640968000.0000 | -21.13 | 10902000.0000 | -95.18 | -4020000.0000 | -102.53 |
| 2009-06 | 687400000.0000 | -5.22 | 342356000.0000 | -11.60 | 131389000.0000 | -20.86 | 96796000.0000 | -19.38 |
| 2009-12 | 1482542000.0000 | 8.94 | 755501000.0000 | 4.68 | 212327000.0000 | -2.25 | 156122000.0000 | 9.12 |
| 2008-12 | 1360859000.0000 | 21.15 | 721711000.0000 | 24.68 | 217211000.0000 | 19.82 | 143079000.0000 | 13.26 |
| 2007-06 | 662324000.0000 | 15.08 | 337426000.0000 | 15.62 | 140073000.0000 | 30.26 | 100048000.0000 | 21.56 |
| 2007-12 | 1123327000.0000 | 0.82 | 578873000.0000 | 2.05 | 181283000.0000 | 19.73 | 126326000.0000 | 10.04 |
| 2008-06 | 725247000.0000 | 9.50 | 387270000.0000 | 14.77 | 166014000.0000 | 18.52 | 120067000.0000 | 20.01 |
| 2005-06 | 511610000.0000 | 14.87 | 263520000.0000 | 8.27 | 160105000.0000 | 14.11 | 116936000.0000 | 15.53 |
| 2006-12 | 1114145000.0000 | 17.59 | 567245000.0000 | 15.63 | 151413000.0000 | -33.88 | 114803000.0000 | -35.86 |
| 2005-12 | 947489000.0000 | 17.75 | 490567000.0000 | 14.91 | 229012000.0000 | 2.39 | 178991000.0000 | 7.86 |
| 2006-06 | 575527000.0000 | 12.49 | 291828000.0000 | 10.74 | 107537000.0000 | -32.83 | 82302000.0000 | -29.62 |
| 2004-06 | 445379000.0000 | -- | 243386000.0000 | -- | 140313000.0000 | -- | 101218000.0000 | -- |
| 2004-12 | 804629000.0000 | 13.56 | 426930000.0000 | 18.29 | 223664000.0000 | 31.27 | 165955000.0000 | 33.41 |
| 2004-09 | 620913000.0000 | 25.41 | 337452000.0000 | 30.20 | 186574000.0000 | 39.94 | 135420000.0000 | 40.36 |
| 2003-12 | 708571000.0000 | -3.00 | 360904000.0000 | -3.08 | 170380000.0000 | 2.70 | 124393000.0000 | 2.91 |
| 2002-12 | 730500000.0000 | 17.39 | 372359000.0000 | 23.49 | 165908000.0000 | 9.76 | 120879000.0000 | 4.94 |
| 2003-09 | 495097000.0000 | -- | 259175000.0000 | -- | 133329000.0000 | -- | 96478000.0000 | -- |
| 2001-12 | 622302000.0000 | -- | 301518000.0000 | -- | 151157000.0000 | -- | 115186000.0000 | -- |
| 2025-06 | 122775000.0000 | -9.29 | 47277000.0000 | -3.06 | 7734000.0000 | -56.98 | 8172000.0000 | -55.85 |
| 2025-12 | -- | -100.00 | -- | -100.00 | 12739000.0000 | -62.03 | -- | -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) |
| 2023-12 | 34.50 | 7.8600 | 3.57 | 7.4800 | 0.73 | -- | 0.45 |
| 2024-06 | 36.03 | 13.2800 | 3.39 | 6.1400 | 0.43 | -- | 0.26 |
| 2024-12 | 38.59 | 12.3600 | 5.78 | 10.7900 | 0.72 | -- | 0.47 |
| 2023-06 | 36.84 | 8.0400 | 2.17 | 4.6200 | 0.40 | -- | 0.27 |
| 2022-12 | 38.26 | 6.4200 | 2.95 | 7.1100 | 0.63 | -- | 0.46 |
| 2022-06 | 40.18 | 11.0500 | 2.11 | 4.4500 | 0.28 | -- | 0.19 |
| 2021-12 | 39.85 | 10.7700 | 5.51 | 13.7100 | 0.73 | -- | 0.51 |
| 2020-06 | 29.63 | 226.7400 | 37.59 | 69.7800 | 0.24 | -- | 0.17 |
| 2021-06 | 37.73 | 10.7900 | 3.25 | 8.8500 | 0.56 | -- | 0.30 |
| 2020-12 | 25.19 | 74.6300 | 30.35 | 58.8700 | 0.69 | -- | 0.41 |
| 2019-06 | 37.34 | -24.5400 | -3.54 | -29.5500 | 0.27 | -- | 0.14 |
| 2019-12 | 25.82 | -22.9000 | -7.78 | -111.0900 | 0.77 | -- | 0.34 |
| 2018-12 | 26.98 | -22.9500 | -10.43 | -55.6300 | 0.75 | -- | 0.45 |
| 2017-06 | 32.89 | -11.6500 | -2.91 | -8.0000 | 0.36 | -- | 0.25 |
| 2017-12 | 22.91 | -35.2600 | -15.19 | -57.9400 | 0.69 | -- | 0.43 |
| 2018-06 | 26.72 | -17.2700 | -3.66 | -14.0700 | 0.31 | -- | 0.21 |
| 2016-06 | 27.30 | -31.1500 | -6.43 | -17.2600 | 0.33 | -- | 0.21 |
| 2015-12 | 20.52 | -33.0000 | -16.76 | -43.6100 | 0.85 | -- | 0.51 |
| 2015-06 | 24.28 | -10.7900 | -2.19 | -4.8500 | 0.34 | -- | 0.20 |
| 2016-12 | 25.07 | -22.3900 | -10.02 | -29.1100 | 0.67 | -- | 0.45 |
| 2013-12 | 9.95 | -59.1500 | -26.58 | -49.9100 | 0.94 | -- | 0.45 |
| 2014-06 | 0.45 | -38.8400 | -8.03 | -14.3700 | 0.53 | -- | 0.21 |
| 2014-12 | 7.42 | -59.1900 | -24.91 | -55.4400 | 0.92 | -- | 0.42 |
| 2012-06 | 44.34 | 0.3700 | 0.07 | -0.2300 | 0.31 | -- | 0.22 |
| 2013-06 | 39.52 | -13.4300 | -2.82 | -4.7200 | 0.26 | -- | 0.21 |
| 2012-12 | 39.81 | -6.1100 | -3.45 | -6.5900 | 0.64 | -- | 0.48 |
| 2010-06 | 49.91 | 19.7600 | 6.70 | 5.9400 | 1.01 | -- | 0.34 |
| 2010-12 | 50.33 | 14.1000 | 8.44 | 8.0300 | 1.20 | -- | 0.60 |
| 2011-06 | 41.65 | 9.1200 | 2.84 | 2.5900 | 0.52 | -- | 0.31 |
| 2011-12 | 42.39 | 0.7300 | 0.41 | -0.2300 | 0.75 | -- | 0.57 |
| 2009-06 | 49.80 | 19.1500 | 6.22 | 5.3700 | 0.76 | -- | 0.33 |
| 2009-12 | 50.96 | 14.3500 | 9.07 | 8.5400 | 1.85 | -- | 0.63 |
| 2008-12 | 53.03 | 15.9700 | 10.09 | 8.2800 | 1.38 | -- | 0.63 |
| 2007-06 | 50.95 | 21.1500 | 7.77 | 6.5500 | 0.91 | -- | 0.37 |
| 2007-12 | 51.53 | 16.1300 | 9.71 | 8.0900 | 1.29 | -- | 0.60 |
| 2008-06 | 53.40 | 22.8900 | 8.09 | 6.8500 | 0.78 | -- | 0.35 |
| 2005-06 | 51.51 | 31.2900 | 10.86 | 9.2200 | 1.03 | -- | 0.35 |
| 2006-12 | 50.91 | 13.5900 | 9.05 | 8.2000 | 1.42 | -- | 0.67 |
| 2005-12 | 51.78 | 24.1700 | 14.38 | 13.7000 | 1.29 | -- | 0.60 |
| 2006-06 | 50.71 | 18.6800 | 6.76 | 5.9800 | 0.82 | -- | 0.36 |
| 2004-06 | 54.65 | 31.5000 | -- | -- | -- | -- | -- |
| 2004-12 | 53.06 | 27.8000 | 27.93 | 39.4900 | 1.61 | -- | 1.00 |
| 2004-09 | 54.35 | 30.0500 | 22.28 | 24.6000 | 1.36 | -- | 0.74 |
| 2003-12 | 50.93 | 24.0500 | 21.80 | 25.1900 | 1.71 | -- | 0.91 |
| 2002-12 | 50.97 | 22.7100 | 21.95 | 27.1300 | 1.95 | -- | 0.97 |
| 2003-09 | 52.35 | 26.9300 | -- | -- | -- | -- | -- |
| 2001-12 | 48.45 | 24.2900 | 21.64 | 29.1400 | 1.68 | -- | 0.89 |
| 2025-06 | 38.51 | 6.3000 | 1.48 | 2.5700 | 0.34 | -- | 0.23 |
| 2025-12 | -- | -- | -- | -- | -- | -- | -- |
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 |
| 2023-12 | 48.19 | 51.81 | 1.72 | 0.87 |
| 2024-06 | 40.60 | 59.40 | 1.90 | 0.96 |
| 2024-12 | 44.13 | 55.87 | 1.72 | 0.82 |
| 2023-06 | 48.08 | 51.92 | 1.72 | 0.84 |
| 2022-12 | 53.27 | 46.73 | 1.57 | 0.72 |
| 2022-06 | 51.29 | 48.71 | 1.63 | 0.83 |
| 2021-12 | 56.96 | 43.04 | 1.48 | 0.75 |
| 2020-06 | 59.14 | 40.86 | 1.42 | 0.60 |
| 2021-06 | 60.12 | 39.88 | 1.42 | 0.86 |
| 2020-12 | 63.34 | 36.66 | 1.34 | 0.64 |
| 2019-06 | 86.64 | 13.36 | 1.03 | 0.65 |
| 2019-12 | 90.71 | 9.29 | 0.99 | 0.63 |
| 2018-12 | 79.56 | 20.44 | 1.10 | 0.54 |
| 2017-06 | 62.99 | 37.01 | 1.05 | 0.31 |
| 2017-12 | 72.41 | 27.59 | 1.21 | 0.54 |
| 2018-06 | 72.35 | 27.65 | 1.20 | 0.51 |
| 2016-06 | 61.67 | 38.33 | 1.13 | 0.38 |
| 2015-12 | 60.46 | 39.54 | 1.15 | 0.36 |
| 2015-06 | 55.35 | 44.65 | 1.22 | 0.39 |
| 2016-12 | 64.25 | 35.75 | 1.06 | 0.28 |
| 2013-12 | 41.91 | 58.09 | 1.66 | 0.64 |
| 2014-06 | 44.14 | 55.86 | 1.54 | 0.66 |
| 2014-12 | 54.14 | 45.86 | 1.23 | 0.44 |
| 2012-06 | 19.42 | 80.58 | 3.73 | 1.66 |
| 2013-06 | 30.31 | 69.69 | 2.42 | 0.82 |
| 2012-12 | 31.54 | 68.46 | 2.35 | 0.91 |
| 2010-06 | 15.47 | 84.53 | 4.74 | 3.65 |
| 2010-12 | 25.27 | 74.73 | 2.92 | 1.93 |
| 2011-06 | 18.64 | 81.36 | 3.87 | 2.00 |
| 2011-12 | 34.29 | 65.71 | 2.14 | 0.87 |
| 2009-06 | 13.58 | 86.42 | 5.75 | 4.10 |
| 2009-12 | 20.71 | 79.29 | 3.57 | 2.76 |
| 2008-12 | 18.06 | 81.94 | 4.18 | 2.99 |
| 2007-06 | 13.53 | 86.47 | 5.69 | 4.22 |
| 2007-12 | 14.70 | 85.30 | 5.17 | 3.64 |
| 2008-06 | 12.90 | 87.10 | 5.78 | 4.15 |
| 2005-06 | 12.00 | 88.00 | 6.81 | 5.45 |
| 2006-12 | 14.55 | 85.45 | 5.30 | 3.71 |
| 2005-12 | 16.02 | 83.98 | 4.98 | 3.59 |
| 2006-06 | 11.62 | 88.38 | 6.82 | 4.96 |
| 2004-06 | -- | -- | -- | -- |
| 2004-12 | 47.13 | 52.87 | 1.57 | 0.95 |
| 2004-09 | 33.89 | 66.11 | 2.18 | 1.45 |
| 2003-12 | 36.46 | 63.54 | 2.21 | 1.49 |
| 2002-12 | 41.07 | 58.93 | 2.01 | 1.41 |
| 2003-09 | -- | -- | -- | -- |
| 2001-12 | 43.42 | 56.58 | 1.85 | 1.22 |
| 2025-06 | 33.88 | 66.12 | 2.17 | 0.93 |
| 2025-12 | -- | -- | -- | -- |
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) |
| 2023/12/31 0:00:00 | 172135000.0000 | -- | 43099000.0000 | -1412000.0000 |
| 2024/6/30 0:00:00 | 86580000.0000 | -- | 18554000.0000 | -934000.0000 |
| 2024/12/31 0:00:00 | 166652000.0000 | -- | 46893000.0000 | -883000.0000 |
| 2023/6/30 0:00:00 | 80956000.0000 | -- | 18171000.0000 | -1145000.0000 |
| 2022/12/31 0:00:00 | 149010000.0000 | -- | 44880000.0000 | -2410000.0000 |
| 2022/6/30 0:00:00 | 60489000.0000 | -- | 17240000.0000 | -1361000.0000 |
| 2021/12/31 0:00:00 | 184019000.0000 | -- | 51801000.0000 | -2625000.0000 |
| 2020/6/30 0:00:00 | 63251000.0000 | -- | 41526000.0000 | -684000.0000 |
| 2021/6/30 0:00:00 | 111851000.0000 | -- | 21526000.0000 | -1220000.0000 |
| 2020/12/31 0:00:00 | 178554000.0000 | -- | 75696000.0000 | -1036000.0000 |
| 2019/6/30 0:00:00 | 82822000.0000 | -- | 33390000.0000 | 2906000.0000 |
| 2019/12/31 0:00:00 | 224284000.0000 | -- | 74550000.0000 | 2703000.0000 |
| 2018/12/31 0:00:00 | 251877000.0000 | -- | 85415000.0000 | 7646000.0000 |
| 2017/6/30 0:00:00 | 158209000.0000 | -- | 48385000.0000 | 2706000.0000 |
| 2017/12/31 0:00:00 | 295624000.0000 | -- | 109696000.0000 | 5489000.0000 |
| 2018/6/30 0:00:00 | 121286000.0000 | -- | 37233000.0000 | 3034000.0000 |
| 2016/6/30 0:00:00 | 173590000.0000 | -- | 44927000.0000 | 2376000.0000 |
| 2015/12/31 0:00:00 | 498509000.0000 | -- | 202968000.0000 | 633000.0000 |
| 2015/6/30 0:00:00 | 239171000.0000 | -- | 61999000.0000 | -1848000.0000 |
| 2016/12/31 0:00:00 | 338824000.0000 | -- | 87457000.0000 | 4153000.0000 |
| 2013/12/31 0:00:00 | 786776000.0000 | -- | 192822000.0000 | 1971000.0000 |
| 2014/6/30 0:00:00 | 360327000.0000 | -- | 34978000.0000 | 2550000.0000 |
| 2014/12/31 0:00:00 | 619625000.0000 | -- | 162853000.0000 | 1538000.0000 |
| 2012/6/30 0:00:00 | 309739000.0000 | -- | 67706000.0000 | -2475000.0000 |
| 2013/6/30 0:00:00 | 289930000.0000 | -- | 95266000.0000 | -105000.0000 |
| 2012/12/31 0:00:00 | 694402000.0000 | -- | 166943000.0000 | -947000.0000 |
| 2010/6/30 0:00:00 | 393122000.0000 | -- | 51725000.0000 | -- |
| 2010/12/31 0:00:00 | 801907000.0000 | -- | 118705000.0000 | -- |
| 2011/6/30 0:00:00 | 461400000.0000 | -- | 61825000.0000 | -- |
| 2011/12/31 0:00:00 | 871231000.0000 | -- | 138109000.0000 | -2076000.0000 |
| 2009/6/30 0:00:00 | 345044000.0000 | -- | 40586000.0000 | -- |
| 2009/12/31 0:00:00 | 727041000.0000 | -- | 97831000.0000 | -- |
| 2008/12/31 0:00:00 | 639148000.0000 | -- | 90823000.0000 | -- |
| 2007/6/30 0:00:00 | 324898000.0000 | -- | 48884000.0000 | -- |
| 2007/12/31 0:00:00 | 544454000.0000 | -- | 105015000.0000 | -- |
| 2008/6/30 0:00:00 | 337977000.0000 | -- | 44390000.0000 | -- |
| 2005/6/30 0:00:00 | 248090000.0000 | -- | 29415000.0000 | 369000.0000 |
| 2006/12/31 0:00:00 | 546900000.0000 | -- | 71261000.0000 | -- |
| 2005/12/31 0:00:00 | 456922000.0000 | -- | 59062000.0000 | 346000.0000 |
| 2006/6/30 0:00:00 | 283699000.0000 | -- | 26767000.0000 | -- |
| 2004/6/30 0:00:00 | 201993000.0000 | -- | 21009000.0000 | 359000.0000 |
| 2004/12/31 0:00:00 | 377699000.0000 | -- | 38148000.0000 | 708000.0000 |
| 2004/9/30 0:00:00 | 283461000.0000 | -- | 29125000.0000 | 614000.0000 |
| 2003/12/31 0:00:00 | 347667000.0000 | -- | 37694000.0000 | 800000.0000 |
| 2002/12/31 0:00:00 | 358141000.0000 | -- | 57868000.0000 | 1362000.0000 |
| 2003/9/30 0:00:00 | 235922000.0000 | -- | 25080000.0000 | 597000.0000 |
| 2001/12/31 0:00:00 | 320784000.0000 | -- | 52322000.0000 | 1815000.0000 |
| 2025/6/30 0:00:00 | 75498000.0000 | -- | 17966000.0000 | -272000.0000 |
| 2025/12/31 0:00:00 | -- | -- | -- | -- |