中商官网
研究报告
新城发展（HK1030）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业额同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 2024-12 | 89226520000.0000 | -26.14 | 14984406000.0000 | -8.58 | 4193946000.0000 | -19.47 | 491312000.0000 | -44.12 |
| 2023-06 | 42532349000.0000 | -1.89 | 7415463000.0000 | -14.33 | 3753474000.0000 | -21.04 | 1431155000.0000 | -20.01 |
| 2024-06 | 34003339000.0000 | -20.05 | 6826877000.0000 | -7.94 | 2334546000.0000 | -37.80 | 959244000.0000 | -32.97 |
| 2023-12 | 120810883000.0000 | 3.66 | 16390222000.0000 | 2.83 | 5208053000.0000 | 40.97 | 879296000.0000 | 213.28 |
| 2022-06 | 43351645000.0000 | -45.68 | 8655449000.0000 | -38.33 | 4753537000.0000 | -45.74 | 1789211000.0000 | -38.62 |
| 2021-12 | 169537320000.0000 | 16.03 | 28357721000.0000 | -10.23 | 21397129000.0000 | -18.91 | 8590624000.0000 | -15.60 |
| 2022-12 | 116540630000.0000 | -31.26 | 15938808000.0000 | -43.79 | 3694506000.0000 | -82.73 | 280673000.0000 | -96.73 |
| 2020-06 | 37905194000.0000 | 115.96 | 8753680000.0000 | 40.24 | 5861556000.0000 | 28.34 | 1758454000.0000 | 15.07 |
| 2020-12 | 146118718000.0000 | 68.24 | 31588263000.0000 | 19.90 | 26385564000.0000 | 22.01 | 10178247000.0000 | 30.29 |
| 2019-12 | 86851178000.0000 | 58.54 | 26345427000.0000 | 38.24 | 21625171000.0000 | 15.97 | 7812268000.0000 | 15.55 |
| 2021-06 | 79802227000.0000 | 110.53 | 14034272000.0000 | 60.32 | 8760663000.0000 | 49.46 | 2914918000.0000 | 65.77 |
| 2018-06 | 16035395000.0000 | 40.32 | 5887446000.0000 | 57.19 | 4664448000.0000 | 150.45 | 1595548000.0000 | 346.15 |
| 2019-06 | 17552281000.0000 | 9.46 | 6241776000.0000 | 6.02 | 4567079000.0000 | -2.09 | 1528171000.0000 | -4.22 |
| 2018-12 | 54780995000.0000 | 34.20 | 19057407000.0000 | 40.32 | 18647500000.0000 | 73.59 | 6761004000.0000 | 78.20 |
| 2017-12 | 40820316000.0000 | 44.59 | 13581123000.0000 | 105.56 | 10742410000.0000 | 159.77 | 3793998000.0000 | 174.14 |
| 2017-06 | 11427689000.0000 | 22.84 | 3745429000.0000 | 93.54 | 1862401000.0000 | 63.15 | 357624000.0000 | -27.13 |
| 2016-12 | 28232094000.0000 | 18.44 | 6606972000.0000 | 36.05 | 4135368000.0000 | 22.93 | 1383953000.0000 | 34.25 |
| 2015-06 | 8803816000.0000 | 117.17 | 1481210000.0000 | 57.66 | 1036807000.0000 | 159.05 | 348100000.0000 | 200.15 |
| 2015-12 | 23835889000.0000 | 15.05 | 4856206000.0000 | 25.35 | 3363954000.0000 | 15.13 | 1030890000.0000 | 0.50 |
| 2014-12 | 20718670000.0000 | -0.25 | 3874043000.0000 | -17.28 | 2921848000.0000 | -9.72 | 1025721000.0000 | 4.53 |
| 2016-06 | 9302948000.0000 | 5.67 | 1935248000.0000 | 30.65 | 1141509000.0000 | 10.10 | 490756000.0000 | 40.98 |
| 2014-06 | 4053880000.0000 | -19.34 | 939518000.0000 | -16.93 | 400240000.0000 | -23.32 | 115975000.0000 | 35.61 |
| 2013-06 | 5025657000.0000 | 34.12 | 1130934000.0000 | -2.38 | 521962000.0000 | -22.33 | 85519000.0000 | -43.83 |
| 2013-12 | 20771255000.0000 | 18.58 | 4683217000.0000 | 19.17 | 3236466000.0000 | 14.84 | 981262000.0000 | 5.42 |
| 2011-12 | 10767254000.0000 | 41.28 | 3023567000.0000 | 51.32 | 2385215000.0000 | 32.65 | 886886000.0000 | 28.19 |
| 2012-06 | 3747072000.0000 | 27.37 | 1158516000.0000 | 26.12 | 672065000.0000 | -11.01 | 152237000.0000 | -47.50 |
| 2011-06 | 2941943000.0000 | -- | 918580000.0000 | -- | 755188000.0000 | -- | 289975000.0000 | -- |
| 2012-12 | 17517266000.0000 | 62.69 | 3929895000.0000 | 29.98 | 2818161000.0000 | 18.15 | 930819000.0000 | 4.95 |
| 2009-12 | 5803275000.0000 | -- | 1389203000.0000 | -- | 1363510000.0000 | -- | 572072000.0000 | -- |
| 2010-12 | 7621374000.0000 | 31.33 | 1998108000.0000 | 43.83 | 1798143000.0000 | 31.88 | 691843000.0000 | 20.94 |
| 2025-06 | 22173548000.0000 | -34.79 | 5400565000.0000 | -20.89 | 1656809000.0000 | -29.03 | 691550000.0000 | -27.91 |
| 2025-12 | 53135901000.0000 | -40.45 | 12401195000.0000 | -17.24 | 3923500000.0000 | -6.45 | 393388000.0000 | -19.93 |
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 | 16.79 | 4.3300 | 1.36 | 1.0600 | 0.77 | -- | 0.29 |
| 2023-06 | 17.43 | 7.4100 | 0.85 | 3.1300 | 0.19 | -- | 0.10 |
| 2024-06 | 20.08 | 5.7800 | 0.65 | 2.0500 | 0.20 | -- | 0.09 |
| 2023-12 | 13.57 | 3.0400 | 1.38 | 1.9200 | 0.73 | -- | 0.32 |
| 2022-06 | 19.97 | 10.4500 | 0.91 | 4.0000 | 0.14 | -- | 0.08 |
| 2021-12 | 16.73 | 11.4000 | 3.96 | 20.3800 | 0.56 | -- | 0.31 |
| 2022-12 | 13.68 | 2.3100 | 0.80 | 0.6300 | 0.49 | -- | 0.25 |
| 2020-06 | 23.09 | 12.2600 | 1.14 | 6.5000 | 0.12 | -- | 0.07 |
| 2020-12 | 21.62 | 16.0500 | 4.85 | 28.4600 | 0.42 | -- | 0.27 |
| 2019-12 | 30.33 | 22.7200 | 4.62 | 31.2600 | 0.26 | -- | 0.19 |
| 2021-06 | 17.59 | 10.3000 | 1.51 | 8.0200 | 0.23 | -- | 0.14 |
| 2018-06 | 36.72 | 25.0100 | 1.85 | 10.8000 | 0.10 | -- | 0.06 |
| 2019-06 | 35.56 | 23.2000 | 1.07 | 8.1200 | 0.05 | -- | 0.04 |
| 2018-12 | 34.79 | 31.2100 | 5.54 | 35.3000 | 0.25 | -- | 0.16 |
| 2017-12 | 33.27 | 25.6900 | 5.67 | 29.6800 | 0.36 | -- | 0.22 |
| 2017-06 | 32.78 | 15.9100 | 1.28 | 3.8400 | 0.13 | -- | 0.08 |
| 2016-12 | 23.40 | 14.0200 | 3.94 | 14.9900 | 0.55 | -- | 0.27 |
| 2015-06 | 16.82 | 11.2000 | 1.77 | 4.5200 | 0.22 | -- | 0.15 |
| 2015-12 | 20.37 | 13.9400 | 4.75 | 12.6200 | 0.58 | -- | 0.34 |
| 2014-12 | 18.70 | 14.1400 | 5.45 | 13.4200 | 0.56 | -- | 0.39 |
| 2016-06 | 20.80 | 12.7500 | 1.38 | 5.8800 | 0.19 | -- | 0.11 |
| 2014-06 | 23.18 | 10.0600 | 0.78 | 1.7700 | 0.09 | -- | 0.08 |
| 2013-06 | 22.50 | 10.4300 | 1.11 | 1.5400 | 0.14 | -- | 0.11 |
| 2013-12 | 22.55 | 15.6400 | 6.86 | 14.6000 | 0.56 | -- | 0.44 |
| 2011-12 | 28.08 | 22.1500 | 6.46 | 27.8900 | 0.32 | -- | 0.29 |
| 2012-06 | 30.92 | 17.9900 | 1.67 | 4.5400 | 0.09 | -- | 0.09 |
| 2011-06 | 31.22 | 25.6700 | -- | -- | -- | -- | -- |
| 2012-12 | 22.43 | 16.1200 | 6.90 | 16.1900 | 0.55 | -- | 0.43 |
| 2009-12 | 23.94 | 23.5000 | 8.11 | 36.2800 | 0.44 | -- | 0.35 |
| 2010-12 | 26.22 | 23.5900 | 6.39 | 30.5900 | 0.32 | -- | 0.27 |
| 2025-06 | 24.36 | 6.9100 | 0.57 | 1.4700 | 0.20 | -- | 0.08 |
| 2025-12 | 23.34 | 7.8900 | 1.47 | 0.8400 | 0.57 | -- | 0.20 |
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 | 71.92 | 28.08 | 0.90 | 0.33 |
| 2023-06 | 78.99 | 21.01 | 0.97 | 0.33 |
| 2024-06 | 75.08 | 24.92 | 0.92 | 0.31 |
| 2023-12 | 76.00 | 24.00 | 0.92 | 0.32 |
| 2022-06 | 81.14 | 18.86 | 1.04 | 0.34 |
| 2021-12 | 81.96 | 18.04 | 1.06 | 0.39 |
| 2022-12 | 79.93 | 20.07 | 0.96 | 0.32 |
| 2020-06 | 87.96 | 12.04 | 1.04 | 0.39 |
| 2020-12 | 85.04 | 14.96 | 1.10 | 0.39 |
| 2019-12 | 87.65 | 12.35 | 1.03 | 0.39 |
| 2021-06 | 84.81 | 15.19 | 1.10 | 0.40 |
| 2018-06 | 88.79 | 11.21 | 1.14 | 0.54 |
| 2019-06 | 88.49 | 11.51 | 1.13 | 0.44 |
| 2018-12 | 86.43 | 13.57 | 1.16 | 0.53 |
| 2017-12 | 86.99 | 13.01 | 1.12 | 0.53 |
| 2017-06 | 89.27 | 10.73 | 1.13 | 0.52 |
| 2016-12 | 85.53 | 14.47 | 1.13 | 0.58 |
| 2015-06 | 78.23 | 21.77 | 1.36 | 0.38 |
| 2015-12 | 80.99 | 19.01 | 1.29 | 0.51 |
| 2014-12 | 76.97 | 23.03 | 1.46 | 0.46 |
| 2016-06 | 83.76 | 16.24 | 1.25 | 0.48 |
| 2014-06 | 79.43 | 20.57 | 1.53 | 0.41 |
| 2013-06 | 82.33 | 17.67 | 1.54 | 0.55 |
| 2013-12 | 77.55 | 22.45 | 1.74 | 0.56 |
| 2011-12 | 85.90 | 14.10 | 1.34 | 0.36 |
| 2012-06 | 86.23 | 13.77 | 1.24 | 0.31 |
| 2011-06 | -- | -- | -- | -- |
| 2012-12 | 79.45 | 20.55 | 1.32 | 0.44 |
| 2009-12 | 83.46 | 16.54 | 1.43 | 0.51 |
| 2010-12 | 86.67 | 13.33 | 1.36 | 0.44 |
| 2025-06 | 70.85 | 29.15 | 0.88 | 0.33 |
| 2025-12 | 69.41 | 30.59 | 0.84 | 0.31 |
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) |
| 2024/12/31 0:00:00 | 74242114000.0000 | -- | 3193640000.0000 | 2903885000.0000 |
| 2023/6/30 0:00:00 | 35116886000.0000 | -- | 2060162000.0000 | 1185856000.0000 |
| 2024/6/30 0:00:00 | 27176462000.0000 | -- | 1688365000.0000 | 1564596000.0000 |
| 2023/12/31 0:00:00 | 104420661000.0000 | -- | 4149847000.0000 | 2738266000.0000 |
| 2022/6/30 0:00:00 | 34696196000.0000 | -- | 2351486000.0000 | 1059415000.0000 |
| 2021/12/31 0:00:00 | 141179599000.0000 | -- | 5149331000.0000 | 842571000.0000 |
| 2022/12/31 0:00:00 | 100601822000.0000 | -- | 5194244000.0000 | 3389872000.0000 |
| 2020/6/30 0:00:00 | 29151514000.0000 | -- | 2230133000.0000 | 652986000.0000 |
| 2020/12/31 0:00:00 | 114530455000.0000 | -- | 4728207000.0000 | 580002000.0000 |
| 2019/12/31 0:00:00 | 60505751000.0000 | -- | 4301454000.0000 | 1339573000.0000 |
| 2021/6/30 0:00:00 | 65767955000.0000 | -- | 2571862000.0000 | 827077000.0000 |
| 2018/6/30 0:00:00 | 10147949000.0000 | -- | 1258045000.0000 | 425175000.0000 |
| 2019/6/30 0:00:00 | 11310505000.0000 | -- | 1362118000.0000 | 480436000.0000 |
| 2018/12/31 0:00:00 | 35723588000.0000 | -- | 2650816000.0000 | 739942000.0000 |
| 2017/12/31 0:00:00 | 27239193000.0000 | -- | 2266887000.0000 | 668197000.0000 |
| 2017/6/30 0:00:00 | 7682260000.0000 | -- | 1108200000.0000 | 508764000.0000 |
| 2016/12/31 0:00:00 | 21625122000.0000 | -- | 1607694000.0000 | 780403000.0000 |
| 2015/6/30 0:00:00 | 7322606000.0000 | -- | 443823000.0000 | 66128000.0000 |
| 2015/12/31 0:00:00 | 18979683000.0000 | -- | 1035500000.0000 | 514574000.0000 |
| 2014/12/31 0:00:00 | 16844627000.0000 | -- | 701787000.0000 | 135794000.0000 |
| 2016/6/30 0:00:00 | 7367700000.0000 | -- | 508776000.0000 | 242413000.0000 |
| 2014/6/30 0:00:00 | 3114362000.0000 | -- | 341717000.0000 | 73798000.0000 |
| 2013/6/30 0:00:00 | 3894723000.0000 | -- | 302153000.0000 | 186438000.0000 |
| 2013/12/31 0:00:00 | 16088038000.0000 | -- | 680028000.0000 | 394900000.0000 |
| 2011/12/31 0:00:00 | 7743687000.0000 | -- | 465941000.0000 | 135142000.0000 |
| 2012/6/30 0:00:00 | 2588556000.0000 | -- | 272408000.0000 | 38568000.0000 |
| 2011/6/30 0:00:00 | 2023363000.0000 | -- | 214204000.0000 | 97650000.0000 |
| 2012/12/31 0:00:00 | 13587371000.0000 | -- | 569883000.0000 | 111660000.0000 |
| 2009/12/31 0:00:00 | 4414072000.0000 | -- | 198496000.0000 | 75631000.0000 |
| 2010/12/31 0:00:00 | 5623266000.0000 | -- | 290044000.0000 | 141894000.0000 |
| 2025/6/30 0:00:00 | 16772983000.0000 | -- | 1350414000.0000 | 1378325000.0000 |
| 2025/12/31 0:00:00 | 40734706000.0000 | -- | 2700993000.0000 | 2908421000.0000 |