中商官网
研究报告
久融控股（HK2358）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业利润 （港元) |
利润总额 （港元) |
净利润 （港元) |
资产合计 （港元) |
负债合计 （港元) |
权益合计 （港元) |
| 2001 | 650245000.0000 | 78587000.0000 | 19095000.0000 | 20089000.0000 | 419086000.0000 | 361970000.0000 | 57116000.0000 |
| 2002 | 667357000.0000 | 83177000.0000 | 12484000.0000 | 23856000.0000 | 446162000.0000 | 365213000.0000 | 80949000.0000 |
| 2003 | 624057000.0000 | 101123000.0000 | 70941000.0000 | 64732000.0000 | 483015000.0000 | 337272000.0000 | 145743000.0000 |
| 2004 | 618413000.0000 | 61929000.0000 | 6045000.0000 | 8552000.0000 | 576820000.0000 | 392968000.0000 | 183852000.0000 |
| 2005 | 1066240000.0000 | 95614000.0000 | 19404000.0000 | 15216000.0000 | 933383000.0000 | 732049000.0000 | 201334000.0000 |
| 2006 | 1173795000.0000 | 97786000.0000 | 11177000.0000 | 8639000.0000 | 944132000.0000 | 731739000.0000 | 212393000.0000 |
| 2007 | 1065938000.0000 | 58572000.0000 | -101904000.0000 | -115094000.0000 | 741918000.0000 | 640416000.0000 | 101502000.0000 |
| 2008 | 519883000.0000 | 30284000.0000 | -110135000.0000 | -112483000.0000 | 390545000.0000 | 385396000.0000 | 5149000.0000 |
| 2009 | 167518000.0000 | -216000.0000 | -88681000.0000 | -88564000.0000 | 164598000.0000 | 234726000.0000 | -70128000.0000 |
| 2010 | 92555000.0000 | 1462000.0000 | -49589000.0000 | -49749000.0000 | 233526000.0000 | 352995000.0000 | -119469000.0000 |
| 2011 | -- | -- | -21159000.0000 | -27175000.0000 | 191958000.0000 | 339167000.0000 | -147209000.0000 |
| 2012 | 17854000.0000 | 5955000.0000 | -18788000.0000 | 12816000.0000 | 19625000.0000 | 160077000.0000 | -140452000.0000 |
| 2013 | 42303000.0000 | 15600000.0000 | -25451000.0000 | -29071000.0000 | 249258000.0000 | 75226000.0000 | 174032000.0000 |
| 2014 | 227884000.0000 | 33938000.0000 | 10087000.0000 | 14385000.0000 | 295600000.0000 | 107042000.0000 | 188558000.0000 |
| 2015 | 225991000.0000 | 22859000.0000 | -35666000.0000 | -38920000.0000 | 235557000.0000 | 94614000.0000 | 140943000.0000 |
| 2016 | 139312000.0000 | 16633000.0000 | -32460000.0000 | -35317000.0000 | 252290000.0000 | 57804000.0000 | 194486000.0000 |
| 2017 | 279889000.0000 | 78216000.0000 | 33116000.0000 | 31641000.0000 | 1473385000.0000 | 1035996000.0000 | 437389000.0000 |
| 2018 | 543276000.0000 | 122381000.0000 | 67271000.0000 | 54193000.0000 | 1814123000.0000 | 1339272000.0000 | 474851000.0000 |
| 2019 | 608698000.0000 | 107375000.0000 | 47925000.0000 | 26241000.0000 | 2050503000.0000 | 1530515000.0000 | 519988000.0000 |
| 2020 | 722214000.0000 | 125980000.0000 | 38299000.0000 | 22904000.0000 | 2664389000.0000 | 2102016000.0000 | 562373000.0000 |
| 2021 | 1282459000.0000 | 153209000.0000 | 35330000.0000 | 16291000.0000 | 2980555000.0000 | 2380626000.0000 | 599929000.0000 |
| 2022 | 837897000.0000 | 85828000.0000 | -84101000.0000 | -90151000.0000 | 2956226000.0000 | 2480672000.0000 | 475554000.0000 |
| 2023 | 471779000.0000 | 61739000.0000 | -385961000.0000 | -383293000.0000 | 2235658000.0000 | 2152722000.0000 | 82936000.0000 |
| 2024 | 786941000.0000 | 74103000.0000 | -41926000.0000 | -45448000.0000 | 2090291000.0000 | 2060689000.0000 | 29602000.0000 |
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) |
| 2001 | 12.09 | 2.9400 | 4.56 | 35.1700 | 9.02 | -- | 1.55 |
| 2002 | 12.46 | 1.8700 | 2.80 | 29.4700 | 12.62 | -- | 1.50 |
| 2003 | 16.20 | 11.3700 | 14.69 | 44.5200 | 8.67 | -- | 1.29 |
| 2004 | 10.01 | 0.9800 | 1.05 | 4.6600 | 6.80 | -- | 1.07 |
| 2005 | 8.97 | 1.8200 | 2.08 | 7.5600 | 7.78 | -- | 1.14 |
| 2006 | 8.33 | 1.1200 | 1.18 | 4.0900 | 7.44 | -- | 1.24 |
| 2007 | 5.49 | -9.1800 | -13.74 | -115.3400 | 8.08 | -- | 1.44 |
| 2008 | 5.83 | -20.7200 | -28.20 | -2721.5800 | 10.09 | -- | 1.33 |
| 2009 | -0.13 | -48.5800 | -53.88 | 123.8600 | 5.66 | -- | 1.02 |
| 2010 | 1.58 | -47.1900 | -21.23 | 41.3700 | 3.16 | -- | 0.40 |
| 2011 | -- | -- | -11.02 | 18.3700 | 0.00 | -- | 0.00 |
| 2012 | 33.35 | -105.2300 | -95.74 | -9.0700 | 4.55 | -- | 0.91 |
| 2013 | 36.88 | -60.1600 | -10.21 | -16.9900 | 0.64 | -- | 0.17 |
| 2014 | 14.89 | 4.4300 | 3.41 | 7.7200 | 6.68 | -- | 0.77 |
| 2015 | 10.12 | -15.7800 | -15.14 | -27.6100 | 9.15 | -- | 0.96 |
| 2016 | 11.94 | -23.3000 | -12.87 | -18.1600 | 8.75 | -- | 0.55 |
| 2017 | 27.95 | 11.8300 | 2.25 | 7.2300 | 0.34 | -- | 0.19 |
| 2018 | 22.53 | 12.5800 | 3.71 | 11.4100 | 1.15 | -- | 0.30 |
| 2019 | 17.64 | 8.2900 | 2.34 | 5.0500 | 2.25 | -- | 0.30 |
| 2020 | 17.44 | 4.6400 | 1.44 | 4.0700 | 5.55 | -- | 0.27 |
| 2021 | 11.95 | 2.1900 | 1.19 | 2.7200 | 9.14 | -- | 0.43 |
| 2022 | 10.24 | -11.7700 | -2.84 | -18.9600 | 7.26 | -- | 0.28 |
| 2023 | 13.09 | -63.3500 | -17.26 | -462.1600 | 3.95 | -- | 0.21 |
| 2024 | 9.42 | -6.9600 | -2.01 | -153.5300 | 7.71 | -- | 0.38 |
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 |
| 2001 | 86.37 | 13.63 | 1.06 | 0.89 |
| 2002 | 81.86 | 18.14 | 1.06 | 0.93 |
| 2003 | 69.83 | 30.17 | 1.22 | 1.04 |
| 2004 | 68.13 | 31.87 | 1.18 | 0.97 |
| 2005 | 78.43 | 21.57 | 1.04 | 0.87 |
| 2006 | 77.50 | 22.50 | 1.04 | 0.84 |
| 2007 | 86.32 | 13.68 | 0.91 | 0.71 |
| 2008 | 98.68 | 1.32 | 0.64 | 0.51 |
| 2009 | 142.61 | -42.61 | 0.25 | 0.12 |
| 2010 | 151.16 | -51.16 | 0.40 | 0.32 |
| 2011 | 176.69 | -76.69 | 0.34 | 0.29 |
| 2012 | 815.68 | -715.68 | 0.09 | 0.07 |
| 2013 | 30.18 | 69.82 | 3.02 | 2.45 |
| 2014 | 36.21 | 63.79 | 2.46 | 2.18 |
| 2015 | 40.17 | 59.83 | 2.25 | 2.01 |
| 2016 | 22.91 | 77.09 | 4.06 | 3.82 |
| 2017 | 70.31 | 29.69 | 1.15 | 0.51 |
| 2018 | 73.82 | 26.18 | 0.72 | 0.43 |
| 2019 | 74.64 | 25.36 | 0.58 | 0.43 |
| 2020 | 78.89 | 21.11 | 0.77 | 0.70 |
| 2021 | 79.87 | 20.13 | 0.70 | 0.64 |
| 2022 | 83.91 | 16.09 | 0.65 | 0.59 |
| 2023 | 96.29 | 3.71 | 0.51 | 0.45 |
| 2024 | 98.58 | 1.42 | 0.47 | 0.42 |
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) |
| 2001 | 571658000.0000 | -- | 15617000.0000 | 2095000.0000 |
| 2002 | 584180000.0000 | -- | 19813000.0000 | 2442000.0000 |
| 2003 | 522934000.0000 | -- | 22608000.0000 | 3581000.0000 |
| 2004 | 556484000.0000 | -- | 32275000.0000 | 4506000.0000 |
| 2005 | 970626000.0000 | -- | 49473000.0000 | 7990000.0000 |
| 2006 | 1076009000.0000 | -- | 59510000.0000 | 10330000.0000 |
| 2007 | 1007366000.0000 | -- | 56923000.0000 | 12543000.0000 |
| 2008 | 489599000.0000 | -- | 64944000.0000 | 6439000.0000 |
| 2009 | 167734000.0000 | -- | 50526000.0000 | 2314000.0000 |
| 2010 | 91093000.0000 | -- | 32777000.0000 | 3831000.0000 |
| 2011 | -- | -- | 11818000.0000 | 9582000.0000 |
| 2012 | 11899000.0000 | -- | 13102000.0000 | 4312000.0000 |
| 2013 | 26703000.0000 | -- | 19607000.0000 | 17794000.0000 |
| 2014 | 193946000.0000 | -- | 20384000.0000 | 249000.0000 |
| 2015 | 203132000.0000 | -- | 40000000.0000 | 1202000.0000 |
| 2016 | 122679000.0000 | -- | 22224000.0000 | -- |
| 2017 | 201673000.0000 | -- | 35784000.0000 | 11048000.0000 |
| 2018 | 420895000.0000 | -- | 35165000.0000 | 15565000.0000 |
| 2019 | 501323000.0000 | -- | 73563000.0000 | 34404000.0000 |
| 2020 | 596234000.0000 | -- | 62004000.0000 | 67071000.0000 |
| 2021 | 1129250000.0000 | -- | 59148000.0000 | 64507000.0000 |
| 2022 | 752069000.0000 | -- | 62191000.0000 | 56885000.0000 |
| 2023 | 410040000.0000 | -- | 43351000.0000 | 55090000.0000 |
| 2024 | 712838000.0000 | -- | 45424000.0000 | 53314000.0000 |