中商官网
研究报告
腾讯音乐-SW（HK1698）
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 （%) |
| 2025-03 | 7356000000.0000 | 8.69 | 3242000000.0000 | 17.00 | 4834000000.0000 | 152.96 | 4291000000.0000 | 201.76 |
| 2024-12 | 28401000000.0000 | 2.34 | 12025000000.0000 | 22.77 | 8712000000.0000 | 44.12 | 6644000000.0000 | 35.04 |
| 2024-09 | 20943000000.0000 | 0.40 | 8772000000.0000 | 22.62 | 6213000000.0000 | 43.12 | 4687000000.0000 | 29.69 |
| 2024-03 | 6768000000.0000 | -3.37 | 2771000000.0000 | 19.70 | 1911000000.0000 | 39.80 | 1422000000.0000 | 23.87 |
| 2024-06 | 13928000000.0000 | -2.53 | 5781000000.0000 | 20.14 | 4137000000.0000 | 42.56 | 3104000000.0000 | 26.90 |
| 2023-09 | 20859000000.0000 | -0.26 | 7154000000.0000 | 13.09 | 4341000000.0000 | 44.70 | 3614000000.0000 | 43.07 |
| 2023-12 | 27752000000.0000 | -2.07 | 9795000000.0000 | 11.65 | 6045000000.0000 | 38.23 | 4920000000.0000 | 33.80 |
| 2023-06 | 14290000000.0000 | 5.47 | 4812000000.0000 | 22.66 | 2902000000.0000 | 65.36 | 2446000000.0000 | 66.96 |
| 2022-09 | 20914000000.0000 | -11.52 | 6326000000.0000 | -12.29 | 3000000000.0000 | 0.67 | 2526000000.0000 | 1.32 |
| 2022-12 | 28339000000.0000 | -9.30 | 8773000000.0000 | -6.71 | 4373000000.0000 | 20.40 | 3677000000.0000 | 21.39 |
| 2023-03 | 7004000000.0000 | 5.42 | 2315000000.0000 | 24.46 | 1367000000.0000 | 84.98 | 1148000000.0000 | 88.51 |
| 2022-03 | 6644000000.0000 | -15.08 | 1860000000.0000 | -24.57 | 739000000.0000 | -33.18 | 609000000.0000 | -34.23 |
| 2022-06 | 13549000000.0000 | -14.42 | 3923000000.0000 | -19.99 | 1755000000.0000 | -16.03 | 1465000000.0000 | -16.43 |
| 2021-12 | 31244000000.0000 | 7.17 | 9404000000.0000 | 1.10 | 3632000000.0000 | -21.59 | 3029000000.0000 | -27.10 |
| 2021-06 | 15832000000.0000 | -- | 4903000000.0000 | -- | 2090000000.0000 | -- | 1753000000.0000 | -- |
| 2021-09 | 23637000000.0000 | -- | 7212000000.0000 | -- | 2980000000.0000 | -- | 2493000000.0000 | -- |
| 2021-03 | 7824000000.0000 | -- | 2466000000.0000 | -- | 1106000000.0000 | -- | 926000000.0000 | -- |
| 2019-12 | 25434000000.0000 | -- | 8673000000.0000 | -- | 4540000000.0000 | -- | 3982000000.0000 | -- |
| 2020-12 | 29153000000.0000 | 14.62 | 9302000000.0000 | 7.25 | 4632000000.0000 | 2.03 | 4155000000.0000 | 4.34 |
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) |
| 2025-03 | 44.07 | 65.4000 | 4.93 | 5.8600 | 228.56 | -- | 0.07 |
| 2024-12 | 42.34 | 30.3400 | 9.63 | 9.7900 | 712.00 | -- | 0.31 |
| 2024-09 | 41.89 | 29.3600 | 7.34 | 7.3800 | 676.17 | -- | 0.25 |
| 2024-03 | 40.94 | 28.5000 | 2.41 | 2.4000 | 363.36 | -- | 0.09 |
| 2024-06 | 41.51 | 29.4400 | 5.02 | 5.0700 | 581.93 | -- | 0.17 |
| 2023-09 | 34.30 | 20.3000 | 5.95 | 6.7000 | 2741.00 | -- | 0.29 |
| 2023-12 | 35.29 | 21.3200 | 8.00 | 8.8000 | 2244.63 | -- | 0.37 |
| 2023-06 | 33.67 | 19.9000 | 4.00 | 4.5700 | 1579.67 | -- | 0.20 |
| 2022-09 | 30.25 | 14.2400 | 4.49 | 5.3500 | 729.40 | -- | 0.31 |
| 2022-12 | 30.96 | 15.3000 | 6.53 | 7.6400 | 1397.57 | -- | 0.42 |
| 2023-03 | 33.05 | 19.2300 | 1.98 | 2.2500 | 390.75 | -- | 0.10 |
| 2022-03 | 28.00 | 10.8200 | 1.12 | 1.2600 | 208.00 | -- | 0.10 |
| 2022-06 | 28.95 | 12.8500 | 2.65 | 3.1000 | 418.52 | -- | 0.20 |
| 2021-12 | 30.10 | 11.7800 | 5.40 | 6.0200 | 910.00 | -- | 0.46 |
| 2021-06 | 30.97 | 13.5100 | -- | -- | -- | -- | -- |
| 2021-09 | 30.51 | 12.8100 | -- | -- | -- | -- | -- |
| 2021-03 | 31.52 | 14.4800 | -- | -- | -- | -- | -- |
| 2019-12 | 34.10 | 17.9200 | 8.62 | 9.1400 | 644.65 | -- | 0.48 |
| 2020-12 | 31.91 | 15.8200 | 6.78 | 7.9500 | 1102.83 | -- | 0.43 |
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 |
| 2025-03 | 23.33 | 76.67 | 1.83 | 1.83 |
| 2024-12 | 22.91 | 77.09 | 2.09 | 2.09 |
| 2024-09 | 22.91 | 77.09 | 2.26 | 2.26 |
| 2024-03 | 23.27 | 76.73 | 2.67 | 2.67 |
| 2024-06 | 23.70 | 76.30 | 2.34 | 2.34 |
| 2023-09 | 24.38 | 75.62 | 2.46 | 2.46 |
| 2023-12 | 24.27 | 75.73 | 2.49 | 2.49 |
| 2023-06 | 24.50 | 75.50 | 2.50 | 2.50 |
| 2022-09 | 27.65 | 72.35 | 2.15 | 2.15 |
| 2022-12 | 26.69 | 73.31 | 2.27 | 2.27 |
| 2023-03 | 24.67 | 75.33 | 2.35 | 2.35 |
| 2022-03 | 25.42 | 74.58 | 2.28 | 2.28 |
| 2022-06 | 27.19 | 72.81 | 2.33 | 2.33 |
| 2021-12 | 24.09 | 75.91 | 2.56 | 2.56 |
| 2021-06 | -- | -- | -- | -- |
| 2021-09 | -- | -- | -- | -- |
| 2021-03 | -- | -- | -- | -- |
| 2019-12 | 17.08 | 82.92 | 3.17 | 3.17 |
| 2020-12 | 22.76 | 77.24 | 3.30 | 3.30 |
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) |
| 2025/3/31 0:00:00 | 4114000000.0000 | -- | 944000000.0000 | -272000000.0000 |
| 2024/12/31 0:00:00 | 16376000000.0000 | -- | 3811000000.0000 | -1102000000.0000 |
| 2024/9/30 0:00:00 | 12171000000.0000 | -- | 2885000000.0000 | -728000000.0000 |
| 2024/3/31 0:00:00 | 3997000000.0000 | -- | 949000000.0000 | -248000000.0000 |
| 2024/6/30 0:00:00 | 8147000000.0000 | -- | 1887000000.0000 | -526000000.0000 |
| 2023/9/30 0:00:00 | 13705000000.0000 | -- | 3110000000.0000 | -664000000.0000 |
| 2023/12/31 0:00:00 | 17957000000.0000 | -- | 4121000000.0000 | -911000000.0000 |
| 2023/6/30 0:00:00 | 9478000000.0000 | -- | 2061000000.0000 | -426000000.0000 |
| 2022/9/30 0:00:00 | 14588000000.0000 | -- | 3318000000.0000 | -410000000.0000 |
| 2022/12/31 0:00:00 | 19566000000.0000 | -- | 4413000000.0000 | -603000000.0000 |
| 2023/3/31 0:00:00 | 4689000000.0000 | -- | 1017000000.0000 | -203000000.0000 |
| 2022/3/31 0:00:00 | 4784000000.0000 | -- | 1012000000.0000 | -120000000.0000 |
| 2022/6/30 0:00:00 | 9626000000.0000 | -- | 2126000000.0000 | -248000000.0000 |
| 2021/12/31 0:00:00 | 21840000000.0000 | -- | 4009000000.0000 | -409000000.0000 |
| 2021/6/30 0:00:00 | 10929000000.0000 | -- | 1891000000.0000 | -217000000.0000 |
| 2021/9/30 0:00:00 | 16425000000.0000 | -- | 2942000000.0000 | -318000000.0000 |
| 2021/3/31 0:00:00 | 5358000000.0000 | -- | 883000000.0000 | -123000000.0000 |
| 2019/12/31 0:00:00 | 16761000000.0000 | -- | 2703000000.0000 | -551000000.0000 |
| 2020/12/31 0:00:00 | 19851000000.0000 | -- | 3101000000.0000 | -525000000.0000 |