中商官网
研究报告
首控集团（HK1269）
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) |
| 2008 | 297331000.0000 | 73070000.0000 | 22208000.0000 | 16051000.0000 | 520929000.0000 | 440611000.0000 | 80318000.0000 |
| 2009 | 392505000.0000 | 92215000.0000 | 32004000.0000 | 28229000.0000 | 748947000.0000 | 630467000.0000 | 118480000.0000 |
| 2010 | 543716000.0000 | 137948000.0000 | 44202000.0000 | 37536000.0000 | 729902000.0000 | 663647000.0000 | 66255000.0000 |
| 2011 | 556868000.0000 | 120705000.0000 | 69100000.0000 | 56893000.0000 | 904547000.0000 | 630223000.0000 | 274324000.0000 |
| 2012 | 498834000.0000 | 98212000.0000 | 11216000.0000 | 7422000.0000 | 945391000.0000 | 663852000.0000 | 281539000.0000 |
| 2013 | 634171000.0000 | 132512000.0000 | 48750000.0000 | 39295000.0000 | 1185405000.0000 | 798544000.0000 | 386861000.0000 |
| 2014 | 830704000.0000 | 173893000.0000 | 5006000.0000 | 2557000.0000 | 1344383000.0000 | 955009000.0000 | 389374000.0000 |
| 2015 | 1087737000.0000 | 225336000.0000 | -24320000.0000 | -22631000.0000 | 1877571000.0000 | 1123535000.0000 | 754036000.0000 |
| 2016 | 1474059000.0000 | 383068000.0000 | 275716000.0000 | 178664000.0000 | 7414676000.0000 | 4304844000.0000 | 3109832000.0000 |
| 2017 | 1865247000.0000 | 476052000.0000 | -342637000.0000 | -302169000.0000 | 9356619000.0000 | 5894833000.0000 | 3461786000.0000 |
| 2018 | 1810797000.0000 | 505446000.0000 | -1344683000.0000 | -1386813000.0000 | 9799812000.0000 | 6459640000.0000 | 3340172000.0000 |
| 2019 | 1436037000.0000 | 360215000.0000 | -2258691000.0000 | -2187830000.0000 | 5812593000.0000 | 4752545000.0000 | 1060048000.0000 |
| 2020 | 1361213000.0000 | 315846000.0000 | -397841000.0000 | -373724000.0000 | 4455225000.0000 | 3933883000.0000 | 521342000.0000 |
| 2021 | 1312963000.0000 | 253554000.0000 | -851398000.0000 | -968233000.0000 | 3056214000.0000 | 3844379000.0000 | -788165000.0000 |
| 2022 | 1199912000.0000 | 202110000.0000 | -419909000.0000 | -420736000.0000 | 2751198000.0000 | 3778050000.0000 | -1026852000.0000 |
| 2023 | 1833720000.0000 | 401125000.0000 | -366228000.0000 | -347172000.0000 | 2807308000.0000 | 4225123000.0000 | -1417815000.0000 |
| 2024 | 2187216000.0000 | 342629000.0000 | -485451000.0000 | -393183000.0000 | 3087738000.0000 | 4991242000.0000 | -1903504000.0000 |
| 2025 | 3446783000.0000 | 617615000.0000 | -318343000.0000 | -341679000.0000 | 3971976000.0000 | 6089189000.0000 | -2117213000.0000 |
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) |
| 2008 | 24.58 | 7.4700 | 4.26 | 21.9200 | 4.04 | -- | 0.57 |
| 2009 | 23.49 | 8.1500 | 4.27 | 23.8300 | 5.37 | -- | 0.52 |
| 2010 | 25.37 | 8.1300 | 6.06 | 56.6500 | 5.35 | -- | 0.74 |
| 2011 | 21.68 | 12.4100 | 7.64 | 20.7400 | 7.76 | -- | 0.62 |
| 2012 | 19.69 | 2.2500 | 1.19 | 2.6400 | 5.04 | -- | 0.53 |
| 2013 | 20.90 | 7.6900 | 4.11 | 10.1600 | 5.98 | -- | 0.53 |
| 2014 | 20.93 | 0.6000 | 0.37 | 0.6600 | 5.57 | -- | 0.62 |
| 2015 | 20.72 | -2.2400 | -1.30 | -3.6000 | 8.46 | -- | 0.58 |
| 2016 | 25.99 | 19.0100 | 3.72 | 6.3300 | 5.15 | -- | 0.20 |
| 2017 | 25.52 | -16.4300 | -3.66 | -9.5300 | 6.10 | -- | 0.20 |
| 2018 | 27.91 | -69.1700 | -13.72 | -50.1900 | 3.15 | -- | 0.18 |
| 2019 | 25.08 | -129.6800 | -38.86 | -330.1400 | 5.24 | -- | 0.25 |
| 2020 | 23.20 | -29.9300 | -8.93 | -193.3400 | 11.19 | -- | 0.31 |
| 2021 | 19.31 | -50.5900 | -27.86 | 112.7500 | 13.92 | -- | 0.43 |
| 2022 | 16.84 | -35.2000 | -15.26 | 38.3400 | 6.78 | -- | 0.44 |
| 2023 | 21.87 | -15.1200 | -13.05 | 23.6300 | 9.79 | -- | 0.65 |
| 2024 | 15.67 | -20.7100 | -15.72 | 20.9400 | 13.01 | -- | 0.71 |
| 2025 | 17.92 | -9.1200 | -8.01 | 16.0600 | 9.15 | -- | 0.87 |
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 |
| 2008 | 84.58 | 15.42 | 0.80 | 0.67 |
| 2009 | 84.18 | 15.82 | 0.93 | 0.83 |
| 2010 | 90.92 | 9.08 | 0.67 | 0.55 |
| 2011 | 69.67 | 30.33 | 0.98 | 0.86 |
| 2012 | 70.22 | 29.78 | 0.66 | 0.52 |
| 2013 | 67.36 | 32.64 | 0.77 | 0.64 |
| 2014 | 71.04 | 28.96 | 0.84 | 0.69 |
| 2015 | 59.84 | 40.16 | 1.12 | 1.02 |
| 2016 | 58.06 | 41.94 | 1.43 | 1.37 |
| 2017 | 63.00 | 37.00 | 1.71 | 1.64 |
| 2018 | 65.92 | 34.08 | 1.16 | 1.08 |
| 2019 | 81.76 | 18.24 | 0.81 | 0.75 |
| 2020 | 88.30 | 11.70 | 0.75 | 0.72 |
| 2021 | 125.79 | -25.79 | 0.62 | 0.60 |
| 2022 | 137.32 | -37.32 | 0.59 | 0.54 |
| 2023 | 150.50 | -50.50 | 0.52 | 0.48 |
| 2024 | 161.65 | -61.65 | 0.48 | 0.45 |
| 2025 | 153.30 | -53.30 | 0.55 | 0.50 |
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) |
| 2008 | 224261000.0000 | -- | 21935000.0000 | 17242000.0000 |
| 2009 | 300290000.0000 | -- | 32312000.0000 | 10975000.0000 |
| 2010 | 405768000.0000 | -- | 48207000.0000 | 14921000.0000 |
| 2011 | 436163000.0000 | -- | 65468000.0000 | 15113000.0000 |
| 2012 | 400622000.0000 | -- | 54083000.0000 | 13317000.0000 |
| 2013 | 501659000.0000 | -- | 63598000.0000 | 13654000.0000 |
| 2014 | 656811000.0000 | -- | 73523000.0000 | 31629000.0000 |
| 2015 | 862401000.0000 | -- | 119780000.0000 | 35961000.0000 |
| 2016 | 1090991000.0000 | -- | 330344000.0000 | 43371000.0000 |
| 2017 | 1389195000.0000 | -- | 488746000.0000 | 128428000.0000 |
| 2018 | 1305351000.0000 | -- | 431939000.0000 | 244416000.0000 |
| 2019 | 1075822000.0000 | -- | 394644000.0000 | 285991000.0000 |
| 2020 | 1045367000.0000 | -- | 323462000.0000 | 217449000.0000 |
| 2021 | 1059409000.0000 | -- | 256301000.0000 | 205204000.0000 |
| 2022 | 997802000.0000 | -- | 201280000.0000 | 198278000.0000 |
| 2023 | 1432595000.0000 | -- | 259151000.0000 | 161070000.0000 |
| 2024 | 1844587000.0000 | -- | 323688000.0000 | 234063000.0000 |
| 2025 | 2829168000.0000 | -- | 363324000.0000 | 227560000.0000 |