中商官网
研究报告
老恒和酿造（HK2226）
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 | 275077000.0000 | 6.30 | 73066000.0000 | -1.41 | -516564000.0000 | -1.48 | -516564000.0000 | -1.48 |
| 2024-06 | 144277000.0000 | 12.90 | 47108000.0000 | 6.62 | -247604000.0000 | 1.09 | -247604000.0000 | 1.09 |
| 2023-06 | 127791000.0000 | -7.70 | 44182000.0000 | -14.39 | -244926000.0000 | 14.19 | -244926000.0000 | 14.19 |
| 2022-12 | 271600000.0000 | 7.49 | 74816000.0000 | 9.21 | -486339000.0000 | 52.72 | -486339000.0000 | 52.72 |
| 2023-12 | 258784000.0000 | -4.72 | 74111000.0000 | -0.94 | -524316000.0000 | 7.81 | -524316000.0000 | 7.81 |
| 2021-06 | 122783000.0000 | 15.24 | 31218000.0000 | 44.33 | -126226000.0000 | -79.72 | -126226000.0000 | -79.79 |
| 2022-06 | 138455000.0000 | 12.76 | 51607000.0000 | 65.31 | -214490000.0000 | 69.93 | -214490000.0000 | 69.93 |
| 2021-12 | 252671000.0000 | 11.64 | 68509000.0000 | 50.24 | -318449000.0000 | -62.23 | -318449000.0000 | -62.33 |
| 2020-06 | 106548000.0000 | -73.51 | 21630000.0000 | -89.51 | -622525000.0000 | -630.82 | -624616000.0000 | -728.77 |
| 2020-12 | 226331000.0000 | -3.88 | 45600000.0000 | -33.93 | -843202000.0000 | -62.99 | -845293000.0000 | -63.01 |
| 2018-12 | 874410000.0000 | 8.87 | 456962000.0000 | 6.39 | 235625000.0000 | 9.04 | 201706000.0000 | 7.99 |
| 2019-06 | 402218000.0000 | 4.49 | 206226000.0000 | 3.44 | 117276000.0000 | 7.08 | 99339000.0000 | 7.72 |
| 2019-12 | 235456000.0000 | -73.07 | 69018000.0000 | -84.90 | -2278323000.0000 | -1066.93 | -2285365000.0000 | -1233.02 |
| 2017-12 | 803141000.0000 | -3.37 | 429526000.0000 | -3.63 | 216085000.0000 | -12.85 | 186775000.0000 | -9.61 |
| 2017-06 | 361355000.0000 | 0.36 | 203930000.0000 | 3.45 | 99843000.0000 | -16.74 | 82792000.0000 | -18.56 |
| 2018-06 | 384943000.0000 | 6.53 | 199359000.0000 | -2.24 | 109521000.0000 | 9.69 | 92219000.0000 | 11.39 |
| 2016-12 | 831149000.0000 | 4.04 | 445696000.0000 | -1.15 | 247955000.0000 | -9.73 | 206636000.0000 | -9.58 |
| 2016-06 | 360064000.0000 | 0.95 | 197132000.0000 | -2.53 | 119915000.0000 | -7.71 | 101654000.0000 | -7.57 |
| 2014-12 | 668426000.0000 | 26.02 | 386498000.0000 | 23.45 | 246223000.0000 | 18.86 | 211603000.0000 | 21.47 |
| 2015-12 | 798861000.0000 | 19.51 | 450872000.0000 | 16.66 | 274695000.0000 | 11.56 | 228528000.0000 | 8.00 |
| 2015-06 | 356676000.0000 | 19.90 | 202245000.0000 | 19.72 | 129926000.0000 | 21.70 | 109977000.0000 | 22.35 |
| 2014-06 | 297478000.0000 | 34.81 | 168936000.0000 | 30.52 | 106755000.0000 | 26.30 | 89887000.0000 | 24.43 |
| 2013-08 | 322862000.0000 | 71.44 | 192612000.0000 | 79.08 | 129094000.0000 | 68.33 | 95996000.0000 | 72.11 |
| 2013-12 | 530433000.0000 | 57.34 | 313069000.0000 | 62.30 | 207152000.0000 | 52.94 | 174207000.0000 | 76.97 |
| 2012-12 | 337125000.0000 | 207.90 | 192899000.0000 | 317.15 | 135449000.0000 | 389.44 | 98438000.0000 | 386.98 |
| 2013-06 | 220672000.0000 | -- | 129429000.0000 | -- | 84524000.0000 | -- | 72238000.0000 | -- |
| 2012-08 | 188327000.0000 | -- | 107557000.0000 | -- | 76691000.0000 | -- | 55775000.0000 | -- |
| 2010-12 | 36297000.0000 | -- | 13387000.0000 | -- | 8421000.0000 | -- | 6282000.0000 | -- |
| 2011-12 | 109492000.0000 | 201.66 | 46242000.0000 | 245.42 | 27674000.0000 | 228.63 | 20214000.0000 | 221.78 |
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 | 26.56 | -187.7900 | -49.18 | 18.1200 | 0.34 | -- | 0.26 |
| 2024-06 | 32.65 | -171.6200 | -22.83 | 9.5800 | 0.16 | -- | 0.13 |
| 2023-06 | 34.57 | -191.6600 | -21.99 | 11.9200 | 0.13 | -- | 0.11 |
| 2022-12 | 27.55 | -179.0600 | -43.30 | 26.9000 | 0.30 | -- | 0.24 |
| 2023-12 | 28.64 | -202.6100 | -47.10 | 22.4700 | 0.29 | -- | 0.23 |
| 2021-06 | 25.43 | -102.8000 | -10.79 | 11.2100 | 0.14 | -- | 0.10 |
| 2022-06 | 37.27 | -154.9200 | -18.55 | 13.9800 | 0.14 | -- | 0.12 |
| 2021-12 | 27.11 | -126.0300 | -26.68 | 24.1600 | 0.28 | -- | 0.21 |
| 2020-06 | 20.30 | -584.2700 | -15.59 | -26.3900 | 0.06 | -- | 0.03 |
| 2020-12 | 20.15 | -372.5500 | -69.82 | 84.4900 | 0.26 | -- | 0.19 |
| 2018-12 | 52.26 | 26.9500 | 6.35 | 9.1500 | 0.33 | -- | 0.24 |
| 2019-06 | 51.27 | 29.1600 | 2.97 | 4.3900 | 0.15 | -- | 0.10 |
| 2019-12 | 29.31 | -967.6200 | -113.61 | 1889.5300 | 0.16 | -- | 0.12 |
| 2017-12 | 53.48 | 26.9000 | 6.33 | 9.1800 | 0.31 | -- | 0.24 |
| 2017-06 | 56.43 | 27.6300 | 3.15 | 4.2800 | 0.13 | -- | 0.11 |
| 2018-06 | 51.79 | 28.4500 | 3.11 | 4.4100 | 0.15 | -- | 0.11 |
| 2016-12 | 53.62 | 29.8300 | 7.84 | 10.8600 | 0.35 | -- | 0.26 |
| 2016-06 | 54.75 | 33.3000 | 4.26 | 5.6800 | 0.16 | -- | 0.13 |
| 2014-12 | 57.82 | 36.8400 | 12.72 | 16.8700 | 0.34 | -- | 0.35 |
| 2015-12 | 56.44 | 34.3900 | 11.95 | 16.0600 | 0.37 | -- | 0.35 |
| 2015-06 | 56.70 | 36.4300 | 5.94 | 8.0600 | 0.16 | -- | 0.16 |
| 2014-06 | 56.79 | 35.8900 | 7.10 | 7.9900 | 0.26 | -- | 0.20 |
| 2013-08 | 59.66 | 39.9800 | 20.70 | 44.0100 | 0.52 | -- | 0.52 |
| 2013-12 | 59.02 | 39.0500 | 28.43 | 58.7900 | 0.67 | -- | 0.73 |
| 2012-12 | 57.22 | 40.1800 | 28.32 | 73.9500 | 1.26 | -- | 0.70 |
| 2013-06 | 58.65 | 38.3000 | -- | -- | -- | -- | -- |
| 2012-08 | 57.11 | 40.7200 | -- | -- | -- | -- | -- |
| 2010-12 | 36.88 | 23.2000 | 6.67 | 40.6400 | 1.07 | -- | 0.29 |
| 2011-12 | 42.23 | 25.2700 | 9.39 | 56.6700 | 0.99 | -- | 0.37 |
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 | 371.48 | -271.48 | 0.19 | 0.04 |
| 2024-06 | 338.25 | -238.25 | 0.21 | 0.05 |
| 2023-06 | 284.44 | -184.44 | 0.25 | 0.05 |
| 2022-12 | 261.00 | -161.00 | 0.28 | 0.05 |
| 2023-12 | 309.63 | -209.63 | 0.23 | 0.05 |
| 2021-06 | 196.29 | -96.29 | 0.39 | 0.07 |
| 2022-06 | 232.75 | -132.75 | 0.32 | 0.07 |
| 2021-12 | 210.40 | -110.40 | 0.37 | 0.09 |
| 2020-06 | 40.72 | 59.28 | 1.89 | 0.78 |
| 2020-12 | 182.84 | -82.84 | 0.43 | 0.09 |
| 2018-12 | 40.62 | 59.38 | 1.79 | 0.76 |
| 2019-06 | 42.61 | 57.39 | 1.77 | 0.85 |
| 2019-12 | 106.03 | -6.03 | 0.87 | 0.30 |
| 2017-12 | 40.46 | 59.54 | 1.75 | 0.72 |
| 2017-06 | 38.93 | 61.07 | 1.78 | 0.63 |
| 2018-06 | 40.66 | 59.34 | 1.91 | 0.74 |
| 2016-12 | 39.89 | 60.11 | 1.90 | 0.85 |
| 2016-06 | 36.43 | 63.57 | 2.38 | 1.10 |
| 2014-12 | 35.22 | 64.78 | 2.51 | 1.02 |
| 2015-12 | 38.08 | 61.92 | 1.95 | 0.74 |
| 2015-06 | 37.61 | 62.39 | 2.14 | 0.75 |
| 2014-06 | 25.10 | 74.90 | 3.25 | 1.88 |
| 2013-08 | 65.02 | 34.98 | 1.10 | 0.46 |
| 2013-12 | 59.33 | 40.67 | 1.25 | 0.47 |
| 2012-12 | 72.16 | 27.84 | 0.99 | 0.64 |
| 2013-06 | -- | -- | -- | -- |
| 2012-08 | -- | -- | -- | -- |
| 2010-12 | 87.75 | 12.25 | 1.04 | 0.83 |
| 2011-12 | 87.89 | 12.11 | 0.97 | 0.71 |
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 | 202011000.0000 | -- | 40974000.0000 | 199851000.0000 |
| 2024/6/30 0:00:00 | 97169000.0000 | -- | 19053000.0000 | 100262000.0000 |
| 2023/6/30 0:00:00 | 83609000.0000 | -- | 22091000.0000 | 92570000.0000 |
| 2022/12/31 0:00:00 | 196784000.0000 | -- | 44392000.0000 | 203911000.0000 |
| 2023/12/31 0:00:00 | 184673000.0000 | -- | 47133000.0000 | 194875000.0000 |
| 2021/6/30 0:00:00 | 91565000.0000 | -- | 30297000.0000 | 52916000.0000 |
| 2022/6/30 0:00:00 | 86848000.0000 | -- | 19440000.0000 | 103321000.0000 |
| 2021/12/31 0:00:00 | 184162000.0000 | -- | 61273000.0000 | 135556000.0000 |
| 2020/6/30 0:00:00 | 84918000.0000 | -- | 33338000.0000 | 49035000.0000 |
| 2020/12/31 0:00:00 | 180731000.0000 | -- | 72122000.0000 | 96241000.0000 |
| 2018/12/31 0:00:00 | 417448000.0000 | -- | 74747000.0000 | 50427000.0000 |
| 2019/6/30 0:00:00 | 195992000.0000 | -- | 35242000.0000 | 28590000.0000 |
| 2019/12/31 0:00:00 | 166438000.0000 | -- | 75872000.0000 | 70950000.0000 |
| 2017/12/31 0:00:00 | 373615000.0000 | -- | 71906000.0000 | 48840000.0000 |
| 2017/6/30 0:00:00 | 157425000.0000 | -- | 37242000.0000 | 23425000.0000 |
| 2018/6/30 0:00:00 | 185584000.0000 | -- | 36874000.0000 | 23205000.0000 |
| 2016/12/31 0:00:00 | 385453000.0000 | -- | 83065000.0000 | 40606000.0000 |
| 2016/6/30 0:00:00 | 162932000.0000 | -- | 44308000.0000 | 18959000.0000 |
| 2014/12/31 0:00:00 | 281928000.0000 | -- | 81444000.0000 | 22858000.0000 |
| 2015/12/31 0:00:00 | 347989000.0000 | -- | 80265000.0000 | 32609000.0000 |
| 2015/6/30 0:00:00 | 154431000.0000 | -- | 39770000.0000 | 15288000.0000 |
| 2014/6/30 0:00:00 | 128542000.0000 | -- | 36372000.0000 | 11483000.0000 |
| 2013/8/31 0:00:00 | 130250000.0000 | -- | 40003000.0000 | 11477000.0000 |
| 2013/12/31 0:00:00 | 217364000.0000 | -- | 74094000.0000 | 17646000.0000 |
| 2012/12/31 0:00:00 | 144226000.0000 | -- | 22899000.0000 | 15463000.0000 |
| 2013/6/30 0:00:00 | 91243000.0000 | -- | 27733000.0000 | 8635000.0000 |
| 2012/8/31 0:00:00 | 80770000.0000 | -- | 10151000.0000 | 9746000.0000 |
| 2010/12/31 0:00:00 | 22910000.0000 | -- | 970000.0000 | 3597000.0000 |
| 2011/12/31 0:00:00 | 63250000.0000 | -- | 988000.0000 | 11752000.0000 |