中商官网
研究报告
华润置地（HK1109）
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 （%) |
| 202406 | 79126742000.0000 | 8.44 | 17626832000.0000 | -5.85 | 20649781000.0000 | -10.42 | 10252833000.0000 | -25.37 |
| 202312 | 251137103000.0000 | 21.29 | 63161914000.0000 | 16.34 | 66437894000.0000 | 19.69 | 31365372000.0000 | 11.65 |
| 202306 | 72971477000.0000 | 0.11 | 18722224000.0000 | -4.65 | 23052800000.0000 | 16.40 | 13737518000.0000 | 29.56 |
| 202212 | 207061119000.0000 | -2.38 | 54290610000.0000 | -5.09 | 55509355000.0000 | -8.04 | 28091865000.0000 | -13.30 |
| 202206 | 72894014000.0000 | -1.15 | 19636226000.0000 | -15.03 | 19805124000.0000 | -20.24 | 10602873000.0000 | -19.22 |
| 202112 | 212108358000.0000 | 18.11 | 57199656000.0000 | 3.22 | 60365758000.0000 | 0.32 | 32401239000.0000 | 8.69 |
| 202106 | 73741795000.0000 | 63.80 | 23109025000.0000 | 53.06 | 24830453000.0000 | 29.96 | 13125377000.0000 | 15.41 |
| 202012 | 179587269000.0000 | 21.21 | 55415215000.0000 | -1.29 | 60172049000.0000 | -1.59 | 29809959000.0000 | 3.57 |
| 202006 | 45018244000.0000 | -1.81 | 15097711000.0000 | -13.82 | 19105911000.0000 | -15.15 | 11373226000.0000 | -10.63 |
| 201912 | 148167235000.0000 | 22.26 | 56138519000.0000 | 6.76 | 61144975000.0000 | 18.21 | 28783682000.0000 | 18.75 |
| 201906 | 45848952000.0000 | 4.73 | 17519064000.0000 | -16.84 | 22516346000.0000 | 10.28 | 12726320000.0000 | 43.79 |
| 201901 | -- | -- | -- | -- | -- | -- | -- | -- |
| 201812 | 121188926000.0000 | 18.88 | 52581689000.0000 | 28.37 | 51726285000.0000 | 31.20 | 24237875000.0000 | 23.09 |
| 201806 | 43778110000.0000 | 40.45 | 21066323000.0000 | 93.07 | 20416567000.0000 | 106.65 | 8850911000.0000 | 96.07 |
| 201712 | 101942519000.0000 | -6.75 | 40961503000.0000 | 11.04 | 39425254000.0000 | 2.70 | 19690400000.0000 | 0.97 |
| 201706 | 31170633000.0000 | -30.15 | 10911397000.0000 | -27.76 | 9879961000.0000 | -35.46 | 4514107000.0000 | -40.97 |
| 201612 | 109327527000.0000 | 5.22 | 36888972000.0000 | 14.05 | 38387292000.0000 | 17.31 | 19500880000.0000 | 10.19 |
| 201606 | 44623535000.0000 | 20.14 | 15105172000.0000 | 26.48 | 15308924000.0000 | 26.88 | 7646668000.0000 | 18.55 |
| 201512 | 103906275000.0000 | 15.83 | 32344732000.0000 | 18.25 | 32721739000.0000 | 19.57 | 17697752000.0000 | 16.89 |
| 201506 | 37144301000.0000 | 29.69 | 11942649000.0000 | 37.29 | 12065941000.0000 | 38.52 | 6450285000.0000 | 26.64 |
| 201412 | 89704532000.0000 | 25.66 | 27353290000.0000 | 36.04 | 27365728000.0000 | 12.72 | 15140938000.0000 | 3.03 |
| 201406 | 28641462000.0000 | 81.57 | 8698862000.0000 | 75.35 | 8710409000.0000 | 22.76 | 5093413000.0000 | 16.17 |
| 201312 | 71388745000.0000 | 60.92 | 20107000000.0000 | 20.43 | 24278223000.0000 | 38.77 | 14696006000.0000 | 39.05 |
| 201306 | 15774532000.0000 | 99.19 | 4960802000.0000 | 31.72 | 7095384000.0000 | 27.55 | 4384398000.0000 | 20.20 |
| 201212 | 44363629000.0000 | 23.94 | 16696412000.0000 | 17.73 | 17495034000.0000 | 20.86 | 10568598000.0000 | 30.14 |
| 201206 | 7919442000.0000 | 2.93 | 3766075000.0000 | 18.18 | 5562878000.0000 | 5.17 | 3647623000.0000 | 1.09 |
| 201112 | 35794801000.0000 | 39.12 | 14182306000.0000 | 39.70 | 14476010000.0000 | 24.94 | 8121094000.0000 | 35.25 |
| 201106 | 7694010000.0000 | -38.22 | 3186646000.0000 | -33.84 | 5289188000.0000 | -19.66 | 3608200000.0000 | 5.32 |
| 201012 | 25729158000.0000 | 54.53 | 10152309000.0000 | 69.88 | 11586829000.0000 | 64.81 | 6004618000.0000 | 39.52 |
| 201006 | 12453744000.0000 | 268.68 | 4816746000.0000 | 266.03 | 6583315000.0000 | 204.42 | 3425979000.0000 | 165.69 |
| 200912 | 16650237000.0000 | 77.78 | 5976042000.0000 | 78.80 | 7030492000.0000 | 133.92 | 4303757000.0000 | 115.84 |
| 200906 | 3377895000.0000 | 14.26 | 1315938000.0000 | 26.71 | 2162584000.0000 | 95.31 | 1289456000.0000 | 55.28 |
| 200812 | 9365833000.0000 | 64.86 | 3342283000.0000 | 60.41 | 3005535000.0000 | 8.45 | 1993973000.0000 | 39.33 |
| 200806 | 2956261000.0000 | 68.45 | 1038534000.0000 | 33.63 | 1107271000.0000 | 22.51 | 830392000.0000 | 44.49 |
| 200712 | 5681095000.0000 | 44.31 | 2083633000.0000 | 63.50 | 2771434000.0000 | 107.99 | 1431082000.0000 | 66.66 |
| 200706 | 1754981000.0000 | 75.26 | 777187000.0000 | 90.82 | 903850000.0000 | 95.03 | 574705000.0000 | 62.90 |
| 200612 | 3936730000.0000 | 45.43 | 1274357000.0000 | 142.64 | 1332486000.0000 | 174.59 | 858675000.0000 | 123.32 |
| 200606 | 1001350000.0000 | -18.65 | 407286000.0000 | 51.51 | 463430000.0000 | 95.03 | 352789000.0000 | 79.38 |
| 200512 | 2706886000.0000 | 43.25 | 525215000.0000 | 150.23 | 485260000.0000 | 509.45 | 384512000.0000 | 1700.07 |
| 200506 | 1230865000.0000 | 143.64 | 268815000.0000 | 563.77 | 237619000.0000 | 785.45 | 196670000.0000 | 314.99 |
| 200412 | 1889680000.0000 | 50.90 | 209891000.0000 | 140.81 | 79622000.0000 | 118.85 | 21361000.0000 | -72.92 |
| 200406 | 505203000.0000 | 65.79 | 40498000.0000 | -18.91 | 26836000.0000 | -47.41 | 47392000.0000 | -17.24 |
| 200312 | 1252282000.0000 | 10.81 | 87162000.0000 | 66.79 | 36382000.0000 | -942.96 | 78871000.0000 | -25.34 |
| 200306 | 304721000.0000 | -22.32 | 49940000.0000 | -51.31 | 51033000.0000 | -38.98 | 57261000.0000 | -27.71 |
| 200212 | 1130158000.0000 | -66.96 | 52259000.0000 | -85.97 | -4316000.0000 | -111.74 | 105636000.0000 | -34.02 |
| 200206 | 392263000.0000 | -65.57 | 102572000.0000 | -39.10 | 83635000.0000 | -48.01 | 79213000.0000 | 5.29 |
| 200112 | 3421068000.0000 | 109.62 | 372519000.0000 | 87.50 | 36758000.0000 | -80.17 | 160115000.0000 | 64.64 |
| 200106 | 1139427000.0000 | 99.32 | 168432000.0000 | 332.52 | 160862000.0000 | 168.89 | 75235000.0000 | 83.79 |
| 200012 | 1632069000.0000 | 267.65 | 198672000.0000 | 77.68 | 185391000.0000 | 14.63 | 97254000.0000 | -36.68 |
| 200006 | 571669000.0000 | -- | 38942000.0000 | -- | 59824000.0000 | -- | 40935000.0000 | -- |
| 199912 | 443918000.0000 | -- | 111813000.0000 | -- | 161731000.0000 | -- | 153595000.0000 | -- |
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) |
| 202406 | 22.28 | -- | 1.70 | 3.85 | 0.11 | -- | 0.07 |
| 202312 | 25.15 | -- | 5.58 | 11.84 | 0.36 | -- | 0.21 |
| 202306 | 25.66 | -- | 1.91 | 5.52 | 0.10 | -- | 0.06 |
| 202212 | 26.22 | -- | 5.13 | 11.51 | 0.31 | -- | 0.19 |
| 202206 | 26.94 | -- | 1.96 | 4.65 | 0.13 | -- | 0.07 |
| 202112 | 26.97 | -- | 6.36 | 14.3 | 0.38 | -- | 0.22 |
| 202106 | 31.34 | -- | 2.69 | 6.29 | 0.13 | -- | 0.08 |
| 202012 | 30.86 | -- | 6.92 | 14.65 | 0.33 | -- | 0.21 |
| 202006 | 33.54 | -- | 2.34 | 6.38 | 0.08 | -- | 0.06 |
| 201912 | 37.89 | -- | 7.94 | 16.36 | 0.26 | -- | 0.19 |
| 201906 | 38.21 | -- | 3.10 | 8.82 | 0.08 | -- | 0.06 |
| 201901 | -- | -- | -- | -- | -- | -- | -- |
| 201812 | 43.39 | -- | 7.89 | 17.52 | 0.22 | -- | 0.18 |
| 201806 | 48.12 | -- | 3.66 | 7.18 | 0.09 | -- | 0.08 |
| 201712 | 40.18 | -- | 8.21 | 16.45 | 0.27 | -- | 0.21 |
| 201706 | 35.01 | -- | 2.00 | 3.71 | 0.09 | -- | 0.06 |
| 201612 | 33.74 | -- | 8.99 | 16.75 | 0.37 | -- | 0.26 |
| 201606 | 33.85 | -- | 3.69 | 6.59 | 0.15 | -- | 0.11 |
| 201512 | 31.13 | -- | 8.23 | 15.31 | 0.37 | -- | 0.26 |
| 201506 | 32.15 | -- | 3.09 | 5.69 | 0.13 | -- | 0.09 |
| 201412 | 30.49 | -- | 7.55 | 14.33 | 0.33 | -- | 0.25 |
| 201406 | 30.37 | -- | 2.91 | 5.89 | 0.12 | -- | 0.10 |
| 201312 | 28.17 | -- | 8.62 | 17.33 | 0.34 | -- | 0.25 |
| 201306 | 31.45 | -- | 2.79 | 5.96 | 0.07 | -- | 0.06 |
| 201212 | 37.64 | -- | 7.66 | 15.29 | 0.20 | -- | 0.19 |
| 201206 | 47.55 | -- | 2.70 | 5.81 | 0.03 | -- | 0.04 |
| 201112 | 39.62 | -- | 7.84 | 13.38 | 0.22 | -- | 0.19 |
| 201106 | 41.42 | -- | 3.34 | 7.27 | 0.06 | -- | 0.05 |
| 201012 | 39.46 | -- | 8.80 | 13.05 | 0.25 | -- | 0.20 |
| 201006 | 38.68 | -- | 6.06 | 8.36 | 0.17 | -- | 0.11 |
| 200912 | 35.89 | -- | 6.95 | 11.42 | 0.25 | -- | 0.16 |
| 200906 | 38.96 | -- | 2.88 | 3.58 | 0.05 | -- | 0.04 |
| 200812 | 35.69 | -- | 4.38 | 6.59 | 0.16 | -- | 0.14 |
| 200806 | 35.13 | -- | 1.95 | 3.41 | 0.07 | -- | 0.05 |
| 200712 | 36.68 | -- | 5.80 | 6.47 | 0.16 | -- | 0.12 |
| 200706 | 44.28 | -- | 2.72 | 3.55 | 0.07 | -- | 0.05 |
| 200612 | 32.37 | -- | 4.98 | 7.46 | 0.29 | -- | 0.15 |
| 200606 | 40.67 | -- | 2.26 | 3.67 | 0.08 | -- | 0.05 |
| 200512 | 19.40 | -- | 2.73 | 4.74 | 0.42 | -- | 0.15 |
| 200506 | 21.84 | -- | 2.28 | 5.11 | 0.17 | -- | 0.12 |
| 200412 | 11.11 | -- | 0.77 | 0.57 | 0.30 | -- | 0.18 |
| 200406 | 8.02 | -- | 0.29 | 1.17 | 0.11 | -- | 0.06 |
| 200312 | 6.96 | -- | 0.40 | 1.98 | 0.24 | -- | 0.14 |
| 200306 | 16.39 | -- | 0.54 | 1.45 | 0.05 | -- | 0.03 |
| 200212 | 4.62 | -- | -0.05 | 2.68 | 0.25 | -- | 0.14 |
| 200206 | 26.15 | -- | 1.09 | 2.01 | 0.07 | -- | 0.05 |
| 200112 | 10.89 | -- | 0.48 | 4.14 | 0.82 | -- | 0.45 |
| 200106 | 14.78 | -- | 1.99 | 1.98 | 0.21 | -- | 0.14 |
| 200012 | 12.17 | -- | 2.28 | 2.59 | 0.29 | -- | 0.20 |
| 200006 | 6.81 | -- | -- | -- | -- | -- | -- |
| 199912 | 25.19 | -- | 2.16 | 4.16 | 0.08 | -- | 0.06 |
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 |
| 202406 | 67.51 | 32.49 | -- | -- |
| 202312 | 67.75 | 32.25 | -- | -- |
| 202306 | 70.42 | 29.58 | -- | -- |
| 202212 | 68.40 | 31.60 | -- | -- |
| 202206 | 69.57 | 30.43 | -- | -- |
| 202112 | 69.25 | 30.75 | -- | -- |
| 202106 | 71.13 | 28.87 | -- | -- |
| 202012 | 70.51 | 29.49 | -- | -- |
| 202006 | 72.35 | 27.65 | -- | -- |
| 201912 | 69.37 | 30.63 | -- | -- |
| 201906 | 73.87 | 26.13 | -- | -- |
| 201901 | 72.43 | 27.57 | -- | -- |
| 201812 | 72.44 | 27.56 | -- | -- |
| 201806 | 71.50 | 28.50 | -- | -- |
| 201712 | 69.98 | 30.02 | -- | -- |
| 201706 | 70.44 | 29.56 | -- | -- |
| 201612 | 67.41 | 32.59 | -- | -- |
| 201606 | 67.63 | 32.37 | -- | -- |
| 201512 | 66.68 | 33.32 | -- | -- |
| 201506 | 67.75 | 32.25 | -- | -- |
| 201412 | 67.67 | 32.33 | -- | -- |
| 201406 | 68.07 | 31.93 | -- | -- |
| 201312 | 66.78 | 33.22 | -- | -- |
| 201306 | 67.70 | 32.30 | -- | -- |
| 201212 | 66.49 | 33.51 | -- | -- |
| 201206 | 66.40 | 33.60 | -- | -- |
| 201112 | 63.67 | 36.33 | -- | -- |
| 201106 | 66.21 | 33.79 | -- | -- |
| 201012 | 62.37 | 37.63 | -- | -- |
| 201006 | 60.09 | 39.91 | -- | -- |
| 200912 | 61.58 | 38.42 | -- | -- |
| 200906 | 50.65 | 49.35 | -- | -- |
| 200812 | 54.73 | 45.27 | -- | -- |
| 200806 | 53.63 | 46.37 | -- | -- |
| 200712 | 49.97 | 50.03 | -- | -- |
| 200706 | 50.60 | 49.40 | -- | -- |
| 200612 | 56.12 | 43.88 | -- | -- |
| 200606 | 49.80 | 50.20 | -- | -- |
| 200512 | 53.14 | 46.86 | -- | -- |
| 200506 | 55.62 | 44.38 | -- | -- |
| 200412 | 56.79 | 43.21 | -- | -- |
| 200406 | 45.61 | 54.39 | -- | -- |
| 200312 | 46.54 | 53.46 | -- | -- |
| 200306 | 47.27 | 52.73 | -- | -- |
| 200212 | 38.80 | 61.20 | -- | -- |
| 200206 | 34.83 | 65.17 | -- | -- |
| 200112 | 35.61 | 64.39 | -- | -- |
| 200106 | 38.66 | 61.34 | -- | -- |
| 200012 | 40.25 | 59.75 | -- | -- |
| 200006 | -- | -- | -- | -- |
| 199912 | 36.20 | 63.80 | -- | -- |
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) |
| 202406 | 61499910000.0000 | -- | 1844280000.0000 | 870931000.0000 |
| 202312 | 187975189000.0000 | -- | 6678829000.0000 | 1743918000.0000 |
| 202306 | 54249253000.0000 | -- | 2276947000.0000 | 892364000.0000 |
| 202212 | 152770509000.0000 | -- | 5385588000.0000 | 1699518000.0000 |
| 202206 | 53257788000.0000 | -- | 2212164000.0000 | 904542000.0000 |
| 202112 | 154908702000.0000 | -- | 5871565000.0000 | 1397227000.0000 |
| 202106 | 50632770000.0000 | -- | 2406788000.0000 | 943137000.0000 |
| 202012 | 124172054000.0000 | -- | 5087244000.0000 | 1284073000.0000 |
| 202006 | 29920533000.0000 | -- | 1731652000.0000 | 596344000.0000 |
| 201912 | 92028716000.0000 | -- | 5779010000.0000 | 1389547000.0000 |
| 201906 | 28329888000.0000 | -- | 2112884000.0000 | 726389000.0000 |
| 201901 | -- | -- | -- | -- |
| 201812 | 68607237000.0000 | -- | 4159441000.0000 | 1742695000.0000 |
| 201806 | 22711787000.0000 | -- | 1580320000.0000 | 929162000.0000 |
| 201712 | 60981016000.0000 | -- | 3654767000.0000 | 1602700000.0000 |
| 201706 | 20259236000.0000 | -- | 1398764000.0000 | 643347000.0000 |
| 201612 | 72438555000.0000 | -- | 3082962000.0000 | 193318000.0000 |
| 201606 | 29518363000.0000 | -- | 1550948000.0000 | 253383000.0000 |
| 201512 | 71561543000.0000 | -- | 3061769000.0000 | 929589000.0000 |
| 201506 | 25201652000.0000 | -- | 979764000.0000 | 351821000.0000 |
| 201412 | 62351242000.0000 | -- | 2252667000.0000 | 831839000.0000 |
| 201406 | 19942600000.0000 | -- | 909527000.0000 | 301204000.0000 |
| 201312 | 51281745000.0000 | -- | 1820157000.0000 | 145760000.0000 |
| 201306 | 10813730000.0000 | -- | 809058000.0000 | 280310000.0000 |
| 201212 | 27667217000.0000 | -- | 1809059000.0000 | 669582000.0000 |
| 201206 | 4153367000.0000 | -- | 589676000.0000 | 357945000.0000 |
| 201112 | 21612495000.0000 | -- | 2125867000.0000 | 698748000.0000 |
| 201106 | 4507364000.0000 | -- | 549105000.0000 | 293081000.0000 |
| 201012 | 15576849000.0000 | -- | 1051311000.0000 | 304445000.0000 |
| 201006 | 7636998000.0000 | -- | 537097000.0000 | 124670000.0000 |
| 200912 | 10674195000.0000 | -- | 870693000.0000 | 154389000.0000 |
| 200906 | 2061957000.0000 | -- | 231761000.0000 | 61847000.0000 |
| 200812 | 6023550000.0000 | -- | 580302000.0000 | 151275000.0000 |
| 200806 | 1917727000.0000 | -- | 248895000.0000 | 88664000.0000 |
| 200712 | 3597462000.0000 | -- | 275233000.0000 | 152827000.0000 |
| 200706 | 977794000.0000 | -- | 109796000.0000 | 66550000.0000 |
| 200612 | 2662373000.0000 | -- | 238324000.0000 | 176919000.0000 |
| 200606 | 594064000.0000 | -- | 101374000.0000 | 76725000.0000 |
| 200512 | 2181671000.0000 | -- | 108267000.0000 | 67290000.0000 |
| 200506 | 962050000.0000 | -- | 39381000.0000 | 49044000.0000 |
| 200412 | 1679789000.0000 | -- | 68455000.0000 | 28636000.0000 |
| 200406 | 464705000.0000 | -- | 30724000.0000 | 19515000.0000 |
| 200312 | 1165120000.0000 | -- | 55749000.0000 | 34362000.0000 |
| 200306 | 254781000.0000 | -- | 30064000.0000 | 23113000.0000 |
| 200212 | 1077899000.0000 | -- | 49640000.0000 | 5009000.0000 |
| 200206 | 289691000.0000 | -- | 12723000.0000 | 9808000.0000 |
| 200112 | 3048549000.0000 | -- | 41914000.0000 | 17420000.0000 |
| 200106 | 970995000.0000 | -- | 10016000.0000 | 10006000.0000 |
| 200012 | 1433397000.0000 | -- | 21452000.0000 | 8622000.0000 |
| 200006 | 532727000.0000 | -- | 6488000.0000 | 5058000.0000 |
| 199912 | 332105000.0000 | -- | 32152000.0000 | 39896000.0000 |