中商官网
研究报告
齐合环保（HK0976）
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) |
| 2007 | 1798332000.0000 | 114933000.0000 | 105921000.0000 | 82963000.0000 | 779434000.0000 | 595997000.0000 | 183437000.0000 |
| 2008 | 2505168000.0000 | -234839000.0000 | -271298000.0000 | -200132000.0000 | 1110846000.0000 | 1115883000.0000 | -5037000.0000 |
| 2009 | 2339243000.0000 | 554437000.0000 | 587194000.0000 | 419654000.0000 | 1851728000.0000 | 1433630000.0000 | 418098000.0000 |
| 2010 | 5931589000.0000 | 569944000.0000 | 482034000.0000 | 352798000.0000 | 3581367000.0000 | 1934686000.0000 | 1646681000.0000 |
| 2011 | 9815522000.0000 | 452587000.0000 | 204459000.0000 | 152087000.0000 | 5314522000.0000 | 3250502000.0000 | 2064020000.0000 |
| 2012 | 8202702000.0000 | 171416000.0000 | 72034000.0000 | 88591000.0000 | 5201979000.0000 | 3128437000.0000 | 2073542000.0000 |
| 2013 | 7222003000.0000 | -23810000.0000 | -381776000.0000 | -382920000.0000 | 4917292000.0000 | 3210603000.0000 | 1706689000.0000 |
| 2014 | 5877970000.0000 | -17366000.0000 | -1067611000.0000 | -1057980000.0000 | 3641025000.0000 | 2997669000.0000 | 643356000.0000 |
| 2015 | 3136633000.0000 | -45276000.0000 | -1143684000.0000 | -1138804000.0000 | 6037924000.0000 | 1624090000.0000 | 4413834000.0000 |
| 2016 | 3211400000.0000 | 218600000.0000 | -443600000.0000 | -439900000.0000 | 11785700000.0000 | 7701300000.0000 | 4084400000.0000 |
| 2017 | 18491000000.0000 | 2329000000.0000 | 546200000.0000 | 426800000.0000 | 12093700000.0000 | 7046600000.0000 | 5047100000.0000 |
| 2018 | 20912800000.0000 | 1684100000.0000 | 469400000.0000 | 401200000.0000 | 11387500000.0000 | 6241600000.0000 | 5145900000.0000 |
| 2019 | 15363400000.0000 | 877900000.0000 | -99500000.0000 | -128700000.0000 | 10190000000.0000 | 5259000000.0000 | 4931000000.0000 |
| 2020 | 13368100000.0000 | 946500000.0000 | -809800000.0000 | -848100000.0000 | 9872900000.0000 | 5408700000.0000 | 4464200000.0000 |
| 2021 | 21950400000.0000 | 1888500000.0000 | 883700000.0000 | 702000000.0000 | 9958500000.0000 | 5099000000.0000 | 4859500000.0000 |
| 2022 | 19574300000.0000 | 1207700000.0000 | 404000000.0000 | 264500000.0000 | 8573000000.0000 | 3792300000.0000 | 4780700000.0000 |
| 2023 | 16479700000.0000 | 1038000000.0000 | 49300000.0000 | -9300000.0000 | 8720400000.0000 | 3845900000.0000 | 4874500000.0000 |
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) |
| 2007 | 6.39 | 5.8900 | 13.59 | 45.2300 | 5.19 | -- | 2.31 |
| 2008 | -9.37 | -10.8300 | -24.42 | 3973.2400 | 4.81 | -- | 2.26 |
| 2009 | 23.70 | 25.1000 | 31.71 | 100.3700 | 1.53 | -- | 1.26 |
| 2010 | 9.61 | 8.1300 | 13.46 | 21.8900 | 2.33 | -- | 1.66 |
| 2011 | 4.61 | 2.0800 | 3.85 | 7.4300 | 2.91 | -- | 1.85 |
| 2012 | 2.09 | 0.8800 | 1.38 | 4.1900 | 2.69 | -- | 1.58 |
| 2013 | -0.33 | -5.2900 | -7.76 | -21.5800 | 2.82 | -- | 1.47 |
| 2014 | -0.30 | -18.1700 | -29.32 | -146.1200 | 5.32 | -- | 1.61 |
| 2015 | -1.44 | -36.4400 | -18.94 | -25.3700 | 3.26 | -- | 0.52 |
| 2016 | 6.81 | -13.8300 | -3.76 | -10.6800 | 1.69 | -- | 0.27 |
| 2017 | 12.60 | 2.3700 | 4.52 | 8.4100 | 6.91 | -- | 1.53 |
| 2018 | 8.05 | 1.6400 | 4.12 | 7.7500 | 9.13 | -- | 1.84 |
| 2019 | 5.71 | -0.9600 | -0.98 | -2.6000 | 9.68 | -- | 1.51 |
| 2020 | 7.08 | -6.5600 | -8.20 | -18.9400 | 10.62 | -- | 1.35 |
| 2021 | 8.60 | 2.7100 | 8.87 | 14.4000 | 12.80 | -- | 2.20 |
| 2022 | 6.17 | 1.3700 | 4.71 | 5.4800 | 13.88 | -- | 2.28 |
| 2023 | 6.30 | -0.0300 | 0.57 | -0.1900 | 9.02 | -- | 1.89 |
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 |
| 2007 | 76.47 | 23.53 | 1.06 | 0.52 |
| 2008 | 100.45 | -0.45 | 0.77 | 0.26 |
| 2009 | 77.42 | 22.58 | 1.41 | 0.43 |
| 2010 | 54.02 | 45.98 | 1.75 | 0.54 |
| 2011 | 61.16 | 38.84 | 1.47 | 0.47 |
| 2012 | 60.14 | 39.86 | 1.96 | 0.66 |
| 2013 | 65.29 | 34.71 | 1.69 | 0.62 |
| 2014 | 82.33 | 17.67 | 0.90 | 0.52 |
| 2015 | 26.90 | 73.10 | 3.32 | 2.66 |
| 2016 | 65.34 | 34.66 | 1.31 | 0.96 |
| 2017 | 58.27 | 41.73 | 1.12 | 0.69 |
| 2018 | 54.81 | 45.19 | 1.62 | 0.98 |
| 2019 | 51.61 | 48.39 | 1.01 | 0.64 |
| 2020 | 54.78 | 45.22 | 1.03 | 0.76 |
| 2021 | 51.20 | 48.80 | 1.13 | 0.78 |
| 2022 | 44.24 | 55.76 | 1.31 | 0.88 |
| 2023 | 44.10 | 55.90 | 1.33 | 0.78 |
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) |
| 2007 | 1683399000.0000 | -- | 14799000.0000 | 18431000.0000 |
| 2008 | 2740007000.0000 | -- | 28137000.0000 | 41598000.0000 |
| 2009 | 1784806000.0000 | -- | 34917000.0000 | 28823000.0000 |
| 2010 | 5361645000.0000 | -- | 69718000.0000 | 47087000.0000 |
| 2011 | 9362935000.0000 | -- | 143466000.0000 | 97755000.0000 |
| 2012 | 8031286000.0000 | -- | 155294000.0000 | 172689000.0000 |
| 2013 | 7245813000.0000 | -- | 133250000.0000 | 172342000.0000 |
| 2014 | 5895336000.0000 | -- | 130534000.0000 | 153327000.0000 |
| 2015 | 3181909000.0000 | -- | 142604000.0000 | 103493000.0000 |
| 2016 | 2992800000.0000 | -- | 293500000.0000 | 34100000.0000 |
| 2017 | 16162000000.0000 | -- | 1303000000.0000 | 377300000.0000 |
| 2018 | 19228700000.0000 | -- | 1283300000.0000 | 376100000.0000 |
| 2019 | 14485500000.0000 | -- | 970100000.0000 | 212600000.0000 |
| 2020 | 12421600000.0000 | -- | 1084800000.0000 | 232500000.0000 |
| 2021 | 20061900000.0000 | -- | 1185800000.0000 | 233800000.0000 |
| 2022 | 18366600000.0000 | -- | 927700000.0000 | 186700000.0000 |
| 2023 | 15441700000.0000 | -- | 907200000.0000 | 181700000.0000 |