中商官网
研究报告
美高梅中国（HK2282）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业额同比 （%) |
营业利润 （港元) |
营业利润同比 （%) |
利润总额 （港元) |
利润总额同比 （%) |
净利润 （港元) |
净利润同比 （%) |
| 2024-12 | 13408414000.0000 | 21.76 | 13408414000.0000 | 21.76 | 4663532000.0000 | 73.69 | 4603408000.0000 | 74.48 |
| 2024-06 | 6920127000.0000 | 39.94 | 6380973000.0000 | 38.34 | 2716848000.0000 | 227.83 | 2685454000.0000 | 227.13 |
| 2023-12 | 11012584000.0000 | 415.64 | 11012584000.0000 | 415.64 | 2685039000.0000 | -151.48 | 2638304000.0000 | -150.43 |
| 2023-06 | 4945171000.0000 | 262.03 | 4612410000.0000 | 291.40 | 828733000.0000 | -134.58 | 820914000.0000 | -134.15 |
| 2022-12 | 2135693000.0000 | -46.35 | 2135693000.0000 | -46.35 | -5216170000.0000 | 36.26 | -5231911000.0000 | 36.01 |
| 2021-12 | 3980809000.0000 | 101.11 | 3980809000.0000 | 101.11 | -3828001000.0000 | -26.26 | -3846616000.0000 | -26.05 |
| 2022-06 | 1365953000.0000 | -30.57 | 1178431000.0000 | -32.37 | -2396233000.0000 | 39.15 | -2404173000.0000 | 38.70 |
| 2020-12 | 1979430000.0000 | -79.82 | 1979430000.0000 | -79.82 | -5191345000.0000 | -367.36 | -5201531000.0000 | -369.34 |
| 2021-06 | 1967335000.0000 | 116.57 | 1742468000.0000 | 124.78 | -1722111000.0000 | -39.69 | -1733311000.0000 | -39.40 |
| 2019-06 | 4870333000.0000 | 26.22 | 4539789000.0000 | 27.67 | 1028160000.0000 | 155.62 | 1022392000.0000 | 45.11 |
| 2020-06 | 908391000.0000 | -81.35 | 775183000.0000 | -82.92 | -2855236000.0000 | -377.70 | -2860430000.0000 | -379.78 |
| 2019-12 | 9808189000.0000 | 22.95 | 9808189000.0000 | 22.95 | 1941690000.0000 | 151.22 | 1931228000.0000 | 80.74 |
| 2018-12 | 7977619000.0000 | 25.76 | 7977619000.0000 | 25.76 | 772894000.0000 | -70.71 | 1068499000.0000 | -53.95 |
| 2018-06 | 3858592000.0000 | 23.62 | 3555834000.0000 | 19.02 | 402217000.0000 | -72.12 | 704580000.0000 | -44.45 |
| 2017-12 | 6343334000.0000 | -16.62 | 6343334000.0000 | -16.62 | 2638479000.0000 | -13.54 | 2320185000.0000 | -23.59 |
| 2017-06 | 3121440000.0000 | -13.36 | 2987651000.0000 | -17.08 | 1442547000.0000 | 10.45 | 1268335000.0000 | -2.33 |
| 2016-12 | 7607462000.0000 | -10.88 | 7607462000.0000 | -10.88 | 3051609000.0000 | -2.48 | 3036508000.0000 | -2.44 |
| 2016-06 | 3602883000.0000 | -20.82 | 3602883000.0000 | -20.82 | 1306021000.0000 | -23.51 | 1298545000.0000 | -23.62 |
| 2015-12 | 8535769000.0000 | -29.66 | 8535769000.0000 | -29.66 | 3129127000.0000 | -45.32 | 3112515000.0000 | -45.46 |
| 2014-12 | 12135048000.0000 | 3.20 | 12135048000.0000 | 3.20 | 5722742000.0000 | 7.00 | 5706943000.0000 | 7.00 |
| 2014-06 | 6460998000.0000 | 14.67 | 6460998000.0000 | 14.67 | 3042663000.0000 | 22.67 | 3035187000.0000 | 22.73 |
| 2015-06 | 4550184000.0000 | -29.57 | 4550184000.0000 | -29.57 | 1707508000.0000 | -43.88 | 1700032000.0000 | -43.99 |
| 2013-12 | 11758275000.0000 | 18.70 | 11758275000.0000 | 18.70 | 5348479000.0000 | 29.79 | 5333528000.0000 | 17.72 |
| 2013-06 | 5634574000.0000 | 11.55 | 5634574000.0000 | 11.55 | 2480460000.0000 | 12.69 | 2472984000.0000 | -5.83 |
| 2012-12 | 9905601000.0000 | 8.17 | 9905601000.0000 | 8.17 | 4120869000.0000 | 10.25 | 4530829000.0000 | 38.17 |
| 2012-06 | 5051353000.0000 | 12.92 | 5051353000.0000 | 12.92 | 2201201000.0000 | 15.46 | 2626112000.0000 | 37.75 |
| 2011-12 | 9157854000.0000 | 62.18 | 9157854000.0000 | 62.18 | 3737872000.0000 | 138.64 | 3279060000.0000 | 109.39 |
| 2010-12 | 5646579000.0000 | 64.76 | 5646579000.0000 | 64.76 | 1566327000.0000 | -1040.89 | 1566035000.0000 | -1037.01 |
| 2011-06 | 4473588000.0000 | 95.11 | 4473588000.0000 | 95.11 | 1906527000.0000 | 379.70 | 1906479000.0000 | 379.90 |
| 2010-06 | 2292893000.0000 | -- | 2292893000.0000 | -- | 397441000.0000 | -- | 397264000.0000 | -- |
| 2008-12 | 3170594000.0000 | -- | 3170594000.0000 | -- | -296477000.0000 | -- | -296663000.0000 | -- |
| 2009-12 | 3427175000.0000 | 8.09 | 3427175000.0000 | 8.09 | -166473000.0000 | -43.85 | -167131000.0000 | -43.66 |
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 | 100.00 | 34.7800 | 15.24 | 872.6400 | 0.00 | -- | 0.44 |
| 2024-06 | 92.21 | 39.2600 | 9.05 | -5140.2200 | 2.63 | -- | 0.23 |
| 2023-12 | 100.00 | 24.3800 | 9.20 | -198.7800 | 0.00 | -- | 0.38 |
| 2023-06 | 93.27 | 16.7600 | 2.86 | -25.9600 | 2.02 | -- | 0.17 |
| 2022-12 | 100.00 | -244.2400 | -16.71 | 130.9100 | 0.00 | -- | 0.07 |
| 2021-12 | 100.00 | -96.1600 | -13.46 | -321.3800 | 0.00 | -- | 0.14 |
| 2022-06 | 86.27 | -175.4300 | -7.62 | 202.4600 | 1.13 | -- | 0.04 |
| 2020-12 | 100.00 | -262.2600 | -17.50 | -103.6600 | 0.00 | -- | 0.07 |
| 2021-06 | 88.57 | -87.5400 | -5.97 | -52.8300 | 1.33 | -- | 0.07 |
| 2019-06 | 93.21 | 21.1100 | 3.02 | 10.3600 | 2.15 | -- | 0.14 |
| 2020-06 | 85.34 | -314.3200 | -9.46 | -39.1400 | 0.73 | -- | 0.03 |
| 2019-12 | 100.00 | 19.8000 | 5.97 | 18.4600 | 0.00 | -- | 0.30 |
| 2018-12 | 100.00 | 9.6900 | 2.20 | 11.9400 | 0.00 | -- | 0.23 |
| 2018-06 | 92.15 | 10.4200 | 1.14 | 8.0100 | 1.77 | -- | 0.11 |
| 2017-12 | 100.00 | 41.5900 | 7.21 | 27.2600 | 0.00 | -- | 0.17 |
| 2017-06 | 95.71 | 46.2100 | 4.75 | 16.0300 | 1.32 | -- | 0.10 |
| 2016-12 | 100.00 | 40.1100 | 11.27 | 42.0800 | 0.00 | -- | 0.28 |
| 2016-06 | 100.00 | 36.2500 | 5.68 | 22.0300 | 0.00 | -- | 0.16 |
| 2015-12 | 100.00 | 36.6600 | 14.25 | 63.3300 | 0.00 | -- | 0.39 |
| 2014-12 | 100.00 | 47.1600 | 34.01 | 89.9900 | 0.00 | -- | 0.72 |
| 2014-06 | 100.00 | 47.0900 | 18.61 | 64.6400 | 0.00 | -- | 0.40 |
| 2015-06 | 100.00 | 37.5300 | 9.18 | 41.9100 | 0.00 | -- | 0.24 |
| 2013-12 | 100.00 | 45.4900 | 29.57 | 82.0100 | 0.00 | -- | 0.65 |
| 2013-06 | 100.00 | 44.0200 | 15.77 | 54.6300 | 0.00 | -- | 0.36 |
| 2012-12 | 100.00 | 41.6000 | 27.88 | 76.6500 | 0.00 | -- | 0.67 |
| 2012-06 | 100.00 | 43.5800 | 18.16 | 65.9500 | 0.00 | -- | 0.42 |
| 2011-12 | 100.00 | 40.8200 | 29.46 | 74.2900 | 0.00 | -- | 0.72 |
| 2010-12 | 100.00 | 27.7400 | 15.32 | 105.7500 | 0.00 | -- | 0.55 |
| 2011-06 | 100.00 | 42.6200 | 17.96 | 63.6400 | 0.00 | -- | 0.42 |
| 2010-06 | 100.00 | 17.3300 | -- | -- | -- | -- | -- |
| 2008-12 | 100.00 | -9.3500 | -2.96 | -70.8900 | 0.00 | -- | 0.32 |
| 2009-12 | 100.00 | -4.8600 | -1.59 | -66.4900 | 0.00 | -- | 0.33 |
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 | 98.28 | 1.72 | 0.72 | 0.70 |
| 2024-06 | 100.17 | -0.17 | 0.74 | 0.72 |
| 2023-12 | 104.55 | -4.55 | 0.50 | 0.48 |
| 2023-06 | 110.91 | -10.91 | 0.45 | 0.44 |
| 2022-12 | 112.81 | -12.81 | 3.14 | 3.07 |
| 2021-12 | 95.79 | 4.21 | 1.18 | 1.13 |
| 2022-06 | 103.78 | -3.78 | 3.63 | 3.55 |
| 2020-12 | 83.09 | 16.91 | 0.97 | 0.92 |
| 2021-06 | 88.62 | 11.38 | 1.23 | 1.17 |
| 2019-06 | 70.99 | 29.01 | 0.58 | 0.56 |
| 2020-06 | 75.79 | 24.21 | 0.77 | 0.72 |
| 2019-12 | 67.82 | 32.18 | 0.78 | 0.75 |
| 2018-12 | 74.54 | 25.46 | 0.58 | 0.56 |
| 2018-06 | 75.11 | 24.89 | 0.40 | 0.38 |
| 2017-12 | 76.75 | 23.25 | 0.37 | 0.36 |
| 2017-06 | 73.96 | 26.04 | 0.43 | 0.42 |
| 2016-12 | 73.35 | 26.65 | 0.74 | 0.72 |
| 2016-06 | 74.38 | 25.62 | 0.90 | 0.88 |
| 2015-12 | 77.61 | 22.39 | 1.22 | 1.20 |
| 2014-12 | 62.32 | 37.68 | 0.84 | 0.82 |
| 2014-06 | 71.28 | 28.72 | 0.83 | 0.81 |
| 2015-06 | 78.20 | 21.80 | 0.98 | 0.96 |
| 2013-12 | 64.04 | 35.96 | 1.25 | 1.23 |
| 2013-06 | 71.22 | 28.78 | 1.12 | 1.10 |
| 2012-12 | 60.01 | 39.99 | 1.64 | 1.62 |
| 2012-06 | 67.15 | 32.85 | 1.34 | 1.32 |
| 2011-12 | 65.21 | 34.79 | 1.62 | 1.60 |
| 2010-12 | 85.52 | 14.48 | 1.15 | 1.13 |
| 2011-06 | 71.78 | 28.22 | 1.23 | 1.20 |
| 2010-06 | -- | -- | -- | -- |
| 2008-12 | 95.82 | 4.18 | 0.90 | 0.88 |
| 2009-12 | 97.60 | 2.40 | 0.98 | 0.97 |
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) |
| 2024/12/31 0:00:00 | -- | -- | 7681646000.0000 | 1492872000.0000 |
| 2024/6/30 0:00:00 | 539154000.0000 | -- | 3200828000.0000 | 805485000.0000 |
| 2023/12/31 0:00:00 | -- | -- | 6631657000.0000 | 1862447000.0000 |
| 2023/6/30 0:00:00 | 332761000.0000 | -- | 2734931000.0000 | 1037858000.0000 |
| 2022/12/31 0:00:00 | -- | -- | 5418859000.0000 | 1606628000.0000 |
| 2021/12/31 0:00:00 | -- | -- | 5749156000.0000 | 1479372000.0000 |
| 2022/6/30 0:00:00 | 187522000.0000 | -- | 2575129000.0000 | 872214000.0000 |
| 2020/12/31 0:00:00 | -- | -- | 5675173000.0000 | 1057153000.0000 |
| 2021/6/30 0:00:00 | 224867000.0000 | -- | 2645302000.0000 | 672323000.0000 |
| 2019/6/30 0:00:00 | 330544000.0000 | -- | 3110801000.0000 | 442293000.0000 |
| 2020/6/30 0:00:00 | 133208000.0000 | -- | 2881619000.0000 | 459335000.0000 |
| 2019/12/31 0:00:00 | -- | -- | 6963794000.0000 | 1021647000.0000 |
| 2018/12/31 0:00:00 | -- | -- | 7399710000.0000 | 662099000.0000 |
| 2018/6/30 0:00:00 | 302758000.0000 | -- | 2761203000.0000 | 266093000.0000 |
| 2017/12/31 0:00:00 | -- | -- | 4055241000.0000 | -14278000.0000 |
| 2017/6/30 0:00:00 | 133789000.0000 | -- | 1479856000.0000 | -11086000.0000 |
| 2016/12/31 0:00:00 | -- | -- | 4213140000.0000 | 47508000.0000 |
| 2016/6/30 0:00:00 | -- | -- | 2094303000.0000 | 26448000.0000 |
| 2015/12/31 0:00:00 | -- | -- | 4632170000.0000 | 151398000.0000 |
| 2014/12/31 0:00:00 | -- | -- | 5566293000.0000 | 45978000.0000 |
| 2014/6/30 0:00:00 | -- | -- | 3027288000.0000 | 54122000.0000 |
| 2015/6/30 0:00:00 | -- | -- | 2590401000.0000 | 35293000.0000 |
| 2013/12/31 0:00:00 | -- | -- | 5535695000.0000 | 195153000.0000 |
| 2013/6/30 0:00:00 | -- | -- | 2716040000.0000 | 122590000.0000 |
| 2012/12/31 0:00:00 | -- | -- | 4956507000.0000 | 310900000.0000 |
| 2012/6/30 0:00:00 | -- | -- | 2577576000.0000 | 100952000.0000 |
| 2011/12/31 0:00:00 | -- | -- | 4639843000.0000 | 229573000.0000 |
| 2010/12/31 0:00:00 | -- | -- | 3258830000.0000 | 454229000.0000 |
| 2011/6/30 0:00:00 | -- | -- | 2289148000.0000 | 115756000.0000 |
| 2010/6/30 0:00:00 | -- | -- | 1513759000.0000 | 262905000.0000 |
| 2008/12/31 0:00:00 | -- | -- | 2823825000.0000 | 411744000.0000 |
| 2009/12/31 0:00:00 | -- | -- | 2814491000.0000 | 530703000.0000 |