中商官网
研究报告
白云山（HK0874）
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 | 3454492000.0000 | 863473000.0000 | 178115000.0000 | 128688000.0000 | 3072057000.0000 | 1487101000.0000 | 1584956000.0000 |
| 2000 | 4222857000.0000 | 1021525000.0000 | 204572000.0000 | 135250000.0000 | 3256426000.0000 | 1542141000.0000 | 1714285000.0000 |
| 2001 | 5334029000.0000 | 1168723000.0000 | 205987000.0000 | 95868000.0000 | 3877969000.0000 | 1345841000.0000 | 2532128000.0000 |
| 2002 | 5943823000.0000 | 1313380000.0000 | 196360000.0000 | 101155000.0000 | 4410210000.0000 | 1807058000.0000 | 2603152000.0000 |
| 2003 | 6973113000.0000 | 1396949000.0000 | 307829000.0000 | 146667000.0000 | 4954091000.0000 | 2220047000.0000 | 2734044000.0000 |
| 2004 | 7709565000.0000 | 1395932000.0000 | 161675000.0000 | 42829000.0000 | 5413438000.0000 | 2655559000.0000 | 2757879000.0000 |
| 2005 | 9026340000.0000 | 1553366000.0000 | 315493000.0000 | 197804000.0000 | 5316420000.0000 | 2391590000.0000 | 2924830000.0000 |
| 2006 | 10241004000.0000 | 1741944000.0000 | 349155000.0000 | 218067000.0000 | 5640964000.0000 | 2560584000.0000 | 3080380000.0000 |
| 2007 | 11873514000.0000 | 1787441000.0000 | 449710000.0000 | 320343000.0000 | 6351721000.0000 | 2934329000.0000 | 3417392000.0000 |
| 2008 | 3450586000.0000 | 1003966000.0000 | 208552000.0000 | 181829000.0000 | 4354664000.0000 | 993899000.0000 | 3360765000.0000 |
| 2009 | 3802423000.0000 | 1010986000.0000 | 235168000.0000 | 214900000.0000 | 4449007000.0000 | 885341000.0000 | 3563666000.0000 |
| 2010 | 4486067328.6300 | 1280258771.7200 | 321341152.0300 | 267111879.7600 | 4477891578.7500 | 836351409.1600 | 3641540169.5900 |
| 2011 | 5439611618.4600 | 1396859783.5200 | 334993008.7500 | 287530980.0700 | 4851265848.3500 | 956093830.7800 | 3895172017.5700 |
| 2012 | 12062641788.3900 | 3830703982.2200 | 881062568.2200 | 729039715.8000 | 9394208052.5500 | 3638244497.3900 | 5755963555.1600 |
| 2013 | 17608193312.3100 | 5801898511.9300 | 1229190439.2500 | 980045077.1000 | 12249123151.3900 | 5226886456.4500 | 7022236694.9400 |
| 2014 | 18818231986.7300 | 6632567110.9900 | 1468061382.7100 | 1194141273.2400 | 14266903073.9100 | 6344908484.8000 | 7921994589.1100 |
| 2015 | 19124658298.9000 | 6924158248.9800 | 1628122073.6000 | 1300351292.5900 | 15870577267.2000 | 7186644118.2900 | 8683933148.9100 |
| 2016 | 20035681499.3700 | 6623618603.3400 | 1945053398.3400 | 1508032671.0700 | 25897170220.5400 | 8243379772.2700 | 17653790448.2700 |
| 2017 | 20750136385.5000 | 7686907037.2200 | 2492976136.7000 | 2061651929.0100 | 28314713453.3200 | 9051559660.1500 | 19263153793.1700 |
| 2018 | 41970878176.9500 | 9806486462.7900 | 4018730255.6200 | 3440980103.0800 | 51482183869.4800 | 28338451115.4800 | 23143732754.0000 |
| 2019 | 64653690470.5800 | 11924448213.1400 | 4128533472.6100 | 3188884638.9100 | 56893659126.2000 | 30904172178.0100 | 25989486948.1900 |
| 2020 | 61416109119.5100 | 10182783004.2700 | 3739081712.2900 | 2915244576.0500 | 59760062879.1200 | 31554796264.9300 | 28205266614.1900 |
| 2021 | 68716219486.0500 | 12935452204.6200 | 4723070943.4900 | 3719877680.4600 | 66117789763.9500 | 34791121204.9600 | 31326668558.9900 |
| 2022 | 70490493064.6900 | 12979541319.1400 | 5043244071.2400 | 3966522218.5400 | 74665298776.7400 | 41027440697.5200 | 33637858079.2200 |
| 2023 | 75171241912.0900 | 13843132297.2100 | 5110498029.6200 | 4055678691.4900 | 78586877764.0900 | 41909053857.2900 | 36677823906.8000 |
| 2024 | 74696136612.1200 | 12223367930.4300 | 3607579871.7600 | 2835496163.5100 | 81683611520.6400 | 43913975774.2500 | 37769635746.3900 |
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 | 25.00 | 5.1500 | 5.80 | 8.7100 | 3.74 | -- | 1.12 |
| 2000 | 24.19 | 4.9400 | 6.28 | 8.4600 | 4.06 | -- | 1.30 |
| 2001 | 21.91 | 4.0400 | 5.31 | 3.9800 | 5.00 | -- | 1.38 |
| 2002 | 22.10 | 3.6900 | 4.45 | 4.1200 | 5.46 | -- | 1.35 |
| 2003 | 20.03 | 4.4100 | 6.21 | 5.7500 | 5.22 | -- | 1.41 |
| 2004 | 18.11 | 2.1000 | 2.99 | 1.6800 | 5.86 | -- | 1.42 |
| 2005 | 17.21 | 3.5100 | 5.93 | 7.2600 | 6.51 | -- | 1.70 |
| 2006 | 17.01 | 3.4100 | 6.19 | 7.5300 | 6.41 | -- | 1.82 |
| 2007 | 15.05 | 3.3200 | 7.08 | 10.1100 | 7.32 | -- | 1.87 |
| 2008 | 29.10 | 2.9600 | 4.79 | 5.6000 | 3.86 | -- | 0.79 |
| 2009 | 26.59 | 2.6600 | 5.29 | 6.2300 | 4.98 | -- | 0.85 |
| 2010 | 28.54 | 6.6400 | 7.18 | 7.5500 | 4.25 | -- | 1.00 |
| 2011 | 25.68 | 5.6800 | 6.91 | 7.6000 | 4.71 | -- | 1.12 |
| 2012 | 31.76 | 7.0900 | 9.38 | 13.1000 | 3.98 | -- | 1.28 |
| 2013 | 32.95 | 6.3600 | 10.03 | 14.3500 | 5.26 | -- | 1.44 |
| 2014 | 35.25 | 7.1300 | 10.29 | 15.5000 | 4.72 | -- | 1.32 |
| 2015 | 36.21 | 7.3700 | 10.26 | 15.3900 | 4.80 | -- | 1.21 |
| 2016 | 33.06 | 7.3200 | 7.51 | 8.6900 | 4.82 | -- | 0.77 |
| 2017 | 37.05 | 11.8600 | 8.80 | 10.9200 | 3.53 | -- | 0.73 |
| 2018 | 23.36 | 9.1400 | 7.81 | 15.8700 | 3.48 | -- | 0.82 |
| 2019 | 18.44 | 6.2700 | 7.26 | 13.1900 | 5.56 | -- | 1.14 |
| 2020 | 16.58 | 5.9800 | 6.26 | 11.1500 | 5.25 | -- | 1.03 |
| 2021 | 18.82 | 6.9600 | 7.14 | 12.8000 | 5.34 | -- | 1.04 |
| 2022 | 18.41 | 7.2000 | 6.75 | 12.3700 | 5.39 | -- | 0.94 |
| 2023 | 18.42 | 6.8100 | 6.50 | 11.6100 | 5.33 | -- | 0.96 |
| 2024 | 16.36 | 4.8100 | 4.42 | 7.9000 | 4.88 | -- | 0.91 |
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 | 48.41 | 51.59 | 1.31 | 0.83 |
| 2000 | 47.36 | 52.64 | 1.32 | 0.79 |
| 2001 | 34.70 | 65.30 | 1.92 | 1.30 |
| 2002 | 40.97 | 59.03 | 1.81 | 1.28 |
| 2003 | 44.81 | 55.19 | 1.60 | 1.07 |
| 2004 | 49.05 | 50.95 | 1.43 | 0.99 |
| 2005 | 44.98 | 55.02 | 1.50 | 1.00 |
| 2006 | 45.39 | 54.61 | 1.55 | 1.01 |
| 2007 | 46.20 | 53.80 | 1.55 | 1.06 |
| 2008 | 22.82 | 77.18 | 2.20 | 1.47 |
| 2009 | 19.90 | 80.10 | 2.45 | 1.74 |
| 2010 | 18.68 | 81.32 | 3.04 | 1.99 |
| 2011 | 19.71 | 80.29 | 2.65 | 1.67 |
| 2012 | 38.73 | 61.27 | 1.54 | 0.95 |
| 2013 | 42.67 | 57.33 | 1.45 | 1.00 |
| 2014 | 44.47 | 55.53 | 1.47 | 1.04 |
| 2015 | 45.28 | 54.72 | 1.44 | 1.06 |
| 2016 | 31.83 | 68.17 | 2.63 | 2.25 |
| 2017 | 31.97 | 68.03 | 2.60 | 2.15 |
| 2018 | 55.05 | 44.95 | 1.60 | 1.25 |
| 2019 | 54.32 | 45.68 | 1.57 | 1.24 |
| 2020 | 52.80 | 47.20 | 1.62 | 1.29 |
| 2021 | 52.62 | 47.38 | 1.64 | 1.31 |
| 2022 | 54.95 | 45.05 | 1.53 | 1.24 |
| 2023 | 53.33 | 46.67 | 1.55 | 1.23 |
| 2024 | 53.76 | 46.24 | 1.48 | 1.16 |
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 | 2591019000.0000 | -- | 404803000.0000 | 45985000.0000 |
| 2000 | 3201332000.0000 | -- | 481234000.0000 | 39207000.0000 |
| 2001 | 4165306000.0000 | -- | 575151000.0000 | 29726000.0000 |
| 2002 | 4630443000.0000 | -- | 677678000.0000 | 28804000.0000 |
| 2003 | 5576164000.0000 | -- | 606298000.0000 | 34172000.0000 |
| 2004 | 6313633000.0000 | -- | 666716000.0000 | 47194000.0000 |
| 2005 | 7472974000.0000 | -- | 641365000.0000 | 53610000.0000 |
| 2006 | 8499060000.0000 | -- | 591931000.0000 | 45360000.0000 |
| 2007 | 10086073000.0000 | -- | 512502000.0000 | 61829000.0000 |
| 2008 | 2446620000.0000 | -- | 452603000.0000 | 7814000.0000 |
| 2009 | 2791437000.0000 | -- | 423442000.0000 | 1220000.0000 |
| 2010 | 3205808556.9100 | -- | 457407874.9200 | -2196399.3300 |
| 2011 | 4042751834.9400 | -- | 480531999.7200 | 1853078.9500 |
| 2012 | 8231937806.1700 | -- | 1086927622.5100 | 49503646.9500 |
| 2013 | 11806294800.3800 | -- | 1227255352.7500 | 28305296.9300 |
| 2014 | 12185664875.7400 | -- | 1291531676.2200 | 1393955.1900 |
| 2015 | 12200500049.9200 | -- | 1374805685.8100 | -21937825.0200 |
| 2016 | 13412062896.0300 | -- | 1439734312.4700 | -96520258.9700 |
| 2017 | 13063229348.2800 | -- | 1579582508.9300 | -210571299.4400 |
| 2018 | 32164391714.1600 | -- | 2284560189.2200 | -6654528.4300 |
| 2019 | 52729242257.4400 | -- | 2555381505.6100 | 117117328.5200 |
| 2020 | 51233326115.2400 | -- | 2456358597.2600 | 5151929.6700 |
| 2021 | 55780767281.4300 | -- | 2907001481.3200 | -133010089.9900 |
| 2022 | 57510951745.5500 | -- | 3037724344.0400 | -162455524.1400 |
| 2023 | 61328109614.8800 | -- | 3203684066.8700 | -19560781.8900 |
| 2024 | 62472768681.6900 | -- | 3171403867.9200 | 38229086.7800 |