中商官网
研究报告
时富投资（HK1049）
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) |
| 1999 | 245321000.0000 | 245321000.0000 | 89670000.0000 | 92948000.0000 | 1783086000.0000 | 563385000.0000 | 1219701000.0000 |
| 2000 | 472836000.0000 | 472836000.0000 | -377444000.0000 | -336351000.0000 | 1918418000.0000 | 605236000.0000 | 1313182000.0000 |
| 2001 | 973560000.0000 | 505819000.0000 | -481376000.0000 | -454036000.0000 | 1912136000.0000 | 814655000.0000 | 1097481000.0000 |
| 2002 | 1097028000.0000 | 525010000.0000 | -564598000.0000 | -440583000.0000 | 1230275000.0000 | 781796000.0000 | 448479000.0000 |
| 2003 | 1033831000.0000 | 492585000.0000 | -50975000.0000 | -51629000.0000 | 1617321000.0000 | 1155211000.0000 | 462110000.0000 |
| 2004 | 247420000.0000 | 240282000.0000 | -79027000.0000 | -143954000.0000 | 1534878000.0000 | 1146776000.0000 | 388102000.0000 |
| 2005 | 213620000.0000 | 213620000.0000 | -18576000.0000 | -37022000.0000 | 1265224000.0000 | 901143000.0000 | 364081000.0000 |
| 2006 | 816622000.0000 | 527616000.0000 | 59300000.0000 | 32057000.0000 | 2309371000.0000 | 1742040000.0000 | 567331000.0000 |
| 2007 | 1665452000.0000 | 1095762000.0000 | 169723000.0000 | 51902000.0000 | 3175166000.0000 | 2034959000.0000 | 1140207000.0000 |
| 2008 | 1312746000.0000 | 755496000.0000 | -387081000.0000 | -358113000.0000 | 2117973000.0000 | 1489254000.0000 | 628719000.0000 |
| 2009 | 31938000.0000 | 21331000.0000 | -38389000.0000 | 20823000.0000 | 2545689000.0000 | 1890778000.0000 | 654911000.0000 |
| 2010 | 13823000.0000 | 6931000.0000 | -18564000.0000 | 50792000.0000 | 730575000.0000 | 218403000.0000 | 512172000.0000 |
| 2011 | 1343858000.0000 | 700888000.0000 | -108845000.0000 | -126499000.0000 | 3070290000.0000 | 2056581000.0000 | 1013709000.0000 |
| 2012 | 1290314000.0000 | 636783000.0000 | -243687000.0000 | -228552000.0000 | 3033287000.0000 | 2277779000.0000 | 755508000.0000 |
| 2013 | 1306493000.0000 | 654243000.0000 | -132268000.0000 | -87835000.0000 | 2512067000.0000 | 1847251000.0000 | 664816000.0000 |
| 2014 | 1371608000.0000 | 700432000.0000 | 64904000.0000 | 2422000.0000 | 2537933000.0000 | 1846381000.0000 | 691552000.0000 |
| 2015 | 1634613000.0000 | 843269000.0000 | 26057000.0000 | 15229000.0000 | 3052425000.0000 | 2240513000.0000 | 811912000.0000 |
| 2016 | 1443055000.0000 | 621982000.0000 | 15542000.0000 | -31139000.0000 | 2520166000.0000 | 1764976000.0000 | 755190000.0000 |
| 2017 | 1333041000.0000 | 584841000.0000 | -196042000.0000 | 45482000.0000 | 1004768000.0000 | 521207000.0000 | 483561000.0000 |
| 2018 | 1420264000.0000 | 595321000.0000 | -200614000.0000 | -202415000.0000 | 861005000.0000 | 580694000.0000 | 280311000.0000 |
| 2019 | 1387769000.0000 | 596400000.0000 | -92720000.0000 | -99392000.0000 | 1121049000.0000 | 950541000.0000 | 170508000.0000 |
| 2020 | 1379513000.0000 | 609286000.0000 | 46284000.0000 | 39985000.0000 | 1103163000.0000 | 844028000.0000 | 259135000.0000 |
| 2021 | 1368066000.0000 | 574328000.0000 | -39841000.0000 | -43050000.0000 | 1011963000.0000 | 809269000.0000 | 202694000.0000 |
| 2022 | 1210887000.0000 | 519454000.0000 | -44735000.0000 | -33641000.0000 | 1786542000.0000 | 1495268000.0000 | 291274000.0000 |
| 2023 | 1016423000.0000 | 462843000.0000 | -138669000.0000 | -108009000.0000 | 1317657000.0000 | 1148677000.0000 | 168980000.0000 |
| 2024 | 883657000.0000 | 415533000.0000 | -65596000.0000 | -58266000.0000 | 1031677000.0000 | 935547000.0000 | 96130000.0000 |
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) |
| 1999 | 100.00 | 36.5500 | 5.03 | 7.9800 | -- | -- | 0.14 |
| 2000 | 100.00 | -67.5600 | -19.67 | -28.1900 | -- | -- | 0.25 |
| 2001 | 51.96 | -48.9600 | -25.17 | -50.3000 | 8.66 | -- | 0.51 |
| 2002 | 47.86 | -51.4700 | -45.89 | -117.2400 | 8.75 | -- | 0.89 |
| 2003 | 47.65 | -4.9300 | -3.15 | -15.1400 | 8.83 | -- | 0.64 |
| 2004 | 97.12 | -31.9400 | -5.15 | -65.2700 | 0.12 | -- | 0.16 |
| 2005 | 100.00 | 3.8200 | -1.47 | -20.1900 | -- | -- | 0.17 |
| 2006 | 64.61 | 5.5000 | 2.57 | 10.5100 | 5.82 | -- | 0.35 |
| 2007 | 65.79 | 10.3900 | 5.35 | 8.0100 | 13.56 | -- | 0.52 |
| 2008 | 57.55 | -32.4600 | -18.28 | -138.5900 | 14.19 | -- | 0.62 |
| 2009 | 66.79 | -120.2000 | -1.51 | 5.7700 | 0.24 | -- | 0.01 |
| 2010 | 50.14 | -379.4500 | -2.54 | 9.9200 | -- | -- | 0.02 |
| 2011 | 52.15 | -8.7600 | -3.55 | -21.6100 | 10.79 | -- | 0.44 |
| 2012 | 49.35 | -19.9700 | -8.03 | -61.8600 | 11.50 | -- | 0.43 |
| 2013 | 50.08 | -10.1200 | -5.27 | -24.5900 | 12.25 | -- | 0.52 |
| 2014 | 51.07 | 0.3200 | 2.56 | 0.6600 | 11.90 | -- | 0.54 |
| 2015 | 51.59 | 1.5900 | 0.85 | 3.1100 | 12.49 | -- | 0.54 |
| 2016 | 43.10 | 1.0800 | 0.62 | -6.7400 | 14.51 | -- | 0.57 |
| 2017 | 43.87 | -14.4900 | -19.51 | 8.9500 | 18.34 | -- | 1.33 |
| 2018 | 41.92 | -10.7100 | -23.30 | -65.8500 | 14.26 | -- | 1.65 |
| 2019 | 42.98 | -3.7400 | -8.27 | -49.8900 | 14.27 | -- | 1.24 |
| 2020 | 44.17 | 4.2300 | 4.20 | 13.4700 | 10.36 | -- | 1.25 |
| 2021 | 41.98 | -1.4700 | -3.94 | -17.8900 | 12.07 | -- | 1.35 |
| 2022 | 42.90 | -1.5500 | -2.50 | -17.1600 | 12.21 | -- | 0.68 |
| 2023 | 45.54 | -13.6400 | -10.52 | -93.1400 | 18.33 | -- | 0.77 |
| 2024 | 47.02 | -7.4200 | -6.36 | -109.8600 | 20.50 | -- | 0.86 |
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 | 31.60 | 68.40 | 2.99 | 2.99 |
| 2000 | 31.55 | 68.45 | 2.29 | 2.29 |
| 2001 | 42.60 | 57.40 | 1.54 | 1.47 |
| 2002 | 63.55 | 36.45 | 1.20 | 1.12 |
| 2003 | 71.43 | 28.57 | 1.20 | 1.15 |
| 2004 | 74.71 | 25.29 | 1.20 | 1.14 |
| 2005 | 71.22 | 28.78 | 1.28 | 1.28 |
| 2006 | 75.43 | 24.57 | 1.09 | 1.06 |
| 2007 | 64.09 | 35.91 | 1.30 | 1.28 |
| 2008 | 70.32 | 29.68 | 1.10 | 1.07 |
| 2009 | 74.27 | 25.73 | 1.01 | 0.99 |
| 2010 | 29.89 | 70.11 | 0.49 | 0.49 |
| 2011 | 66.98 | 33.02 | 1.18 | 1.15 |
| 2012 | 75.09 | 24.91 | 1.11 | 1.08 |
| 2013 | 73.54 | 26.46 | 1.11 | 1.08 |
| 2014 | 72.75 | 27.25 | 1.18 | 1.15 |
| 2015 | 73.40 | 26.60 | 1.22 | 1.19 |
| 2016 | 70.03 | 29.97 | 1.29 | 1.26 |
| 2017 | 51.87 | 48.13 | 0.93 | 0.85 |
| 2018 | 67.44 | 32.56 | 0.76 | 0.65 |
| 2019 | 84.79 | 15.21 | 0.61 | 0.53 |
| 2020 | 76.51 | 23.49 | 0.70 | 0.59 |
| 2021 | 79.97 | 20.03 | 0.74 | 0.64 |
| 2022 | 83.70 | 16.30 | 0.98 | 0.94 |
| 2023 | 87.18 | 12.82 | 0.96 | 0.93 |
| 2024 | 90.68 | 9.32 | 1.02 | 0.99 |
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) |
| 1999 | -- | -- | 161623000.0000 | 18091000.0000 |
| 2000 | -- | -- | 226723000.0000 | 13102000.0000 |
| 2001 | 467741000.0000 | -- | 294516000.0000 | 10735000.0000 |
| 2002 | 572018000.0000 | -- | 298644000.0000 | 5162000.0000 |
| 2003 | 541246000.0000 | -- | 260643000.0000 | 7593000.0000 |
| 2004 | 7138000.0000 | -- | 154735000.0000 | 8721000.0000 |
| 2005 | -- | -- | 135626000.0000 | 16984000.0000 |
| 2006 | 289006000.0000 | -- | 253621000.0000 | 63500000.0000 |
| 2007 | 569690000.0000 | -- | 440507000.0000 | 104690000.0000 |
| 2008 | 557250000.0000 | -- | 366271000.0000 | 30453000.0000 |
| 2009 | 10607000.0000 | -- | 30810000.0000 | 20575000.0000 |
| 2010 | 6892000.0000 | -- | 28563000.0000 | 12764000.0000 |
| 2011 | 642970000.0000 | -- | 470444000.0000 | 22246000.0000 |
| 2012 | 653531000.0000 | -- | 397118000.0000 | 16383000.0000 |
| 2013 | 652250000.0000 | -- | 353071000.0000 | 18096000.0000 |
| 2014 | 671176000.0000 | -- | 360381000.0000 | 17647000.0000 |
| 2015 | 791344000.0000 | -- | 459169000.0000 | 15775000.0000 |
| 2016 | 821073000.0000 | -- | 239568000.0000 | 6501000.0000 |
| 2017 | 748200000.0000 | -- | 266489000.0000 | 7085000.0000 |
| 2018 | 824943000.0000 | -- | 274520000.0000 | 9666000.0000 |
| 2019 | 791369000.0000 | -- | 397277000.0000 | 26680000.0000 |
| 2020 | 770227000.0000 | -- | 331217000.0000 | 23432000.0000 |
| 2021 | 793738000.0000 | -- | 363217000.0000 | 16995000.0000 |
| 2022 | 691433000.0000 | -- | 361061000.0000 | 20755000.0000 |
| 2023 | 553580000.0000 | -- | 334943000.0000 | 25070000.0000 |
| 2024 | 468124000.0000 | -- | 278757000.0000 | 21260000.0000 |