中商官网
研究报告
鹰美（HK2368）
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 （%) |
| 2023-09 | 2521917000.0000 | -1.01 | 517863000.0000 | -1.13 | 326585000.0000 | -1.51 | 229225000.0000 | -4.13 |
| 2024-03 | 4074668000.0000 | 0.58 | 748692000.0000 | -0.96 | 380779000.0000 | -4.67 | 263510000.0000 | -9.95 |
| 2024-09 | 2982900000.0000 | 18.28 | 508870000.0000 | -1.74 | 277260000.0000 | -15.10 | 183200000.0000 | -20.08 |
| 2023-03 | 4051107000.0000 | 10.43 | 755918000.0000 | 16.26 | 399444000.0000 | 9.76 | 292639000.0000 | 6.56 |
| 2022-09 | 2547555000.0000 | 26.19 | 523788000.0000 | 41.69 | 331587000.0000 | 44.02 | 239111000.0000 | 42.60 |
| 2021-03 | 3248875000.0000 | 7.68 | 652407000.0000 | 21.30 | 422386000.0000 | 43.11 | 313559000.0000 | 40.32 |
| 2021-09 | 2018830000.0000 | 4.94 | 369672000.0000 | -14.52 | 230242000.0000 | -24.97 | 167676000.0000 | -27.35 |
| 2022-03 | 3668371000.0000 | 12.91 | 650219000.0000 | -0.34 | 363938000.0000 | -13.84 | 274633000.0000 | -12.41 |
| 2020-03 | 3017120000.0000 | 11.71 | 537859000.0000 | 28.75 | 295149000.0000 | 61.57 | 223458000.0000 | 59.14 |
| 2020-09 | 1923855000.0000 | 1.68 | 432444000.0000 | 19.47 | 306862000.0000 | 43.22 | 230809000.0000 | 45.09 |
| 2019-09 | 1891994000.0000 | 28.13 | 361972000.0000 | 54.03 | 214254000.0000 | 68.52 | 159082000.0000 | 57.32 |
| 2018-09 | 1476600000.0000 | 25.51 | 235000000.0000 | 2.01 | 127137000.0000 | -33.15 | 101122000.0000 | -35.83 |
| 2019-03 | 2700780000.0000 | 28.03 | 417770000.0000 | 2.95 | 182675000.0000 | -33.25 | 140418000.0000 | -38.95 |
| 2018-03 | 2109422000.0000 | 20.04 | 405817000.0000 | 26.48 | 273666000.0000 | 47.80 | 230012000.0000 | 48.28 |
| 2017-09 | 1176471000.0000 | 8.58 | 230373000.0000 | 1.63 | 190169000.0000 | 23.29 | 157593000.0000 | 30.32 |
| 2017-03 | 1757316000.0000 | 14.51 | 320860000.0000 | 4.53 | 185155000.0000 | 21.66 | 155119000.0000 | 23.97 |
| 2016-03 | 1534592000.0000 | 1.15 | 306942000.0000 | 15.41 | 152186000.0000 | 16.79 | 125129000.0000 | 18.96 |
| 2015-09 | 947047000.0000 | 6.98 | 218348000.0000 | 33.65 | 145923000.0000 | 68.61 | 116025000.0000 | 82.11 |
| 2016-09 | 1083535000.0000 | 14.41 | 226681000.0000 | 3.82 | 154246000.0000 | 5.70 | 120924000.0000 | 4.22 |
| 2014-09 | 885297000.0000 | 2.01 | 163379000.0000 | 20.17 | 86545000.0000 | 49.30 | 63710000.0000 | 50.94 |
| 2015-03 | 1517109000.0000 | 2.25 | 265951000.0000 | 36.57 | 130311000.0000 | 250.00 | 105183000.0000 | 380.95 |
| 2014-03 | 1483774000.0000 | 2.75 | 194733000.0000 | -21.99 | 37232000.0000 | -60.65 | 21870000.0000 | -70.06 |
| 2013-09 | 867880000.0000 | 4.88 | 135958000.0000 | -21.22 | 57968000.0000 | -37.50 | 42208000.0000 | -40.38 |
| 2013-03 | 1443994000.0000 | -0.14 | 249620000.0000 | -15.97 | 94606000.0000 | -37.95 | 73038000.0000 | -39.30 |
| 2012-09 | 827528000.0000 | 2.04 | 172586000.0000 | 3.81 | 92746000.0000 | 3.42 | 70796000.0000 | 0.08 |
| 2011-09 | 810973000.0000 | 22.65 | 166253000.0000 | -2.37 | 89683000.0000 | -29.63 | 70737000.0000 | -35.72 |
| 2012-03 | 1445968000.0000 | 24.14 | 297077000.0000 | 7.73 | 152476000.0000 | -4.08 | 120328000.0000 | -8.38 |
| 2010-03 | 1061179000.0000 | -0.91 | 279061000.0000 | -1.39 | 179305000.0000 | -3.11 | 149909000.0000 | -8.49 |
| 2011-03 | 1164762000.0000 | 9.76 | 275756000.0000 | -1.18 | 158965000.0000 | -11.34 | 131332000.0000 | -12.39 |
| 2010-09 | 661200000.0000 | -1.42 | 170293000.0000 | -13.28 | 127444000.0000 | -12.91 | 110041000.0000 | -13.40 |
| 2009-09 | 670737000.0000 | 9.73 | 196373000.0000 | 25.75 | 146337000.0000 | 36.62 | 127072000.0000 | 36.63 |
| 2008-09 | 611243000.0000 | 58.67 | 156157000.0000 | 81.75 | 107116000.0000 | 86.73 | 93006000.0000 | 85.96 |
| 2009-03 | 1070975000.0000 | 24.46 | 283001000.0000 | 39.85 | 185063000.0000 | 31.57 | 163826000.0000 | 31.42 |
| 2007-09 | 385231000.0000 | 55.60 | 85919000.0000 | 41.70 | 57363000.0000 | 42.32 | 50013000.0000 | 51.77 |
| 2008-03 | 860487000.0000 | 65.76 | 202356000.0000 | 53.19 | 140659000.0000 | 62.65 | 124658000.0000 | 60.40 |
| 2007-03 | 519103000.0000 | -0.04 | 132097000.0000 | 5.15 | 86482000.0000 | -6.08 | 77719000.0000 | 0.40 |
| 2005-09 | 300790000.0000 | 23.14 | 72845000.0000 | 7.44 | 57600000.0000 | 15.25 | 51456000.0000 | 18.76 |
| 2006-09 | 247576000.0000 | -17.69 | 60633000.0000 | -16.76 | 40306000.0000 | -30.02 | 32954000.0000 | -35.96 |
| 2006-03 | 519310000.0000 | 15.03 | 125633000.0000 | -2.28 | 92081000.0000 | -11.55 | 77411000.0000 | -18.43 |
| 2004-09 | 244261000.0000 | 67.18 | 67803000.0000 | 106.91 | 49978000.0000 | 192.68 | 43328000.0000 | 183.00 |
| 2005-03 | 451446000.0000 | 38.73 | 128560000.0000 | 111.33 | 104103000.0000 | 192.45 | 94903000.0000 | 195.78 |
| 2004-03 | 325411000.0000 | 34.28 | 60835000.0000 | 9.45 | 35597000.0000 | 3.86 | 32086000.0000 | 4.07 |
| 2003-03 | 242330000.0000 | 10.80 | 55584000.0000 | 14.14 | 34275000.0000 | 8.36 | 30831000.0000 | 9.61 |
| 2003-09 | 146103000.0000 | 19.35 | 32770000.0000 | 19.41 | 17076000.0000 | 4.05 | 15310000.0000 | 6.17 |
| 2002-09 | 122420000.0000 | -- | 27444000.0000 | -- | 16411000.0000 | -- | 14420000.0000 | -- |
| 2001-03 | 178191000.0000 | -- | 38033000.0000 | -- | 23281000.0000 | -- | 20035000.0000 | -- |
| 2002-03 | 218704000.0000 | 22.74 | 48700000.0000 | 28.05 | 31630000.0000 | 35.86 | 28128000.0000 | 40.39 |
| 2025-03 | 4807899000.0000 | 17.99 | 772709000.0000 | 3.21 | 323821000.0000 | -14.96 | 217201000.0000 | -17.57 |
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) |
| 2023-09 | 20.53 | 12.9500 | 9.92 | 13.4800 | 4.10 | -- | 0.77 |
| 2024-03 | 18.37 | 9.3500 | 12.01 | 16.7200 | 4.72 | -- | 1.29 |
| 2024-09 | 17.06 | 9.2900 | 6.41 | 9.4500 | 3.83 | -- | 0.69 |
| 2023-03 | 18.66 | 9.8600 | 12.99 | 17.9600 | 4.87 | -- | 1.32 |
| 2022-09 | 20.56 | 130.1600 | 10.21 | 14.0100 | 4.25 | -- | 0.78 |
| 2021-03 | 20.08 | 13.0000 | 16.42 | 20.7300 | 4.53 | -- | 1.26 |
| 2021-09 | 18.31 | 11.4000 | 8.38 | 10.2300 | 2.99 | -- | 0.74 |
| 2022-03 | 17.73 | 9.9200 | 11.64 | 16.4100 | 4.14 | -- | 1.17 |
| 2020-03 | 17.83 | 9.7800 | 12.43 | 17.1900 | 4.35 | -- | 1.27 |
| 2020-09 | 22.48 | 15.9500 | 12.01 | 15.0500 | 4.35 | -- | 0.75 |
| 2019-09 | 19.13 | 11.3200 | 8.71 | 11.8100 | 4.14 | -- | 0.77 |
| 2018-09 | 15.91 | 8.6100 | 6.15 | 8.1800 | 3.03 | -- | 0.71 |
| 2019-03 | 15.47 | 6.7600 | 7.51 | 10.7700 | 4.55 | -- | 1.11 |
| 2018-03 | 19.24 | 12.9700 | 15.45 | 18.0900 | 4.46 | -- | 1.19 |
| 2017-09 | 19.58 | 16.1600 | 10.73 | 12.7600 | 3.47 | -- | 0.66 |
| 2017-03 | 18.26 | 10.5400 | 12.11 | 13.9700 | 4.84 | -- | 1.15 |
| 2016-03 | 20.00 | 9.9200 | 9.76 | 11.3800 | 3.41 | -- | 0.98 |
| 2015-09 | 23.06 | 15.4100 | 9.07 | 10.0900 | 3.64 | -- | 0.59 |
| 2016-09 | 20.92 | 14.2400 | 9.45 | 10.3300 | 3.88 | -- | 0.66 |
| 2014-09 | 18.45 | 9.7800 | 5.40 | 5.9100 | 3.42 | -- | 0.55 |
| 2015-03 | 17.53 | 8.5900 | 8.30 | 9.6700 | 4.71 | -- | 0.97 |
| 2014-03 | 13.12 | 2.5100 | 2.39 | 2.1600 | 4.95 | -- | 0.95 |
| 2013-09 | 15.67 | 6.6800 | 3.18 | 3.5900 | 3.74 | -- | 0.48 |
| 2013-03 | 17.29 | 6.5500 | 5.77 | 7.1900 | 5.20 | -- | 0.88 |
| 2012-09 | 20.86 | 11.2100 | 5.18 | 6.4600 | 3.36 | -- | 0.46 |
| 2011-09 | 20.50 | 11.0600 | 5.83 | 6.8600 | 3.26 | -- | 0.53 |
| 2012-03 | 20.55 | 10.5400 | 8.78 | 11.2600 | 4.69 | -- | 0.83 |
| 2010-03 | 26.30 | 16.9000 | 16.75 | 16.7500 | 5.74 | -- | 0.99 |
| 2011-03 | 23.67 | 13.6500 | 13.63 | 13.8200 | 4.62 | -- | 1.00 |
| 2010-09 | 25.76 | 19.2700 | 11.02 | 11.4700 | 3.38 | -- | 0.57 |
| 2009-09 | 29.28 | 21.8200 | 12.95 | 13.6100 | 4.45 | -- | 0.59 |
| 2008-09 | 25.55 | 17.5200 | 10.65 | 11.1500 | 3.10 | -- | 0.61 |
| 2009-03 | 26.42 | 17.2800 | 17.98 | 18.7800 | 5.88 | -- | 1.04 |
| 2007-09 | 22.30 | 14.8900 | 6.40 | 7.0300 | 2.53 | -- | 0.43 |
| 2008-03 | 23.52 | 16.3500 | 15.18 | 15.9800 | 5.33 | -- | 0.93 |
| 2007-03 | 25.45 | 16.6600 | 13.42 | 13.5400 | 7.44 | -- | 0.81 |
| 2005-09 | 24.22 | 19.1500 | 9.06 | 9.7700 | 4.65 | -- | 0.47 |
| 2006-09 | 24.49 | 16.2800 | 6.54 | 6.0900 | 2.68 | -- | 0.40 |
| 2006-03 | 24.19 | 17.7300 | 15.90 | 14.6000 | 12.52 | -- | 0.90 |
| 2004-09 | 27.76 | 20.4600 | 9.45 | 16.4100 | 4.34 | -- | 0.46 |
| 2005-03 | 28.48 | 23.0600 | 18.88 | 19.0800 | 6.77 | -- | 0.82 |
| 2004-03 | 18.69 | 10.9400 | 20.42 | 35.5100 | 5.94 | -- | 1.87 |
| 2003-03 | 22.94 | 14.1400 | 36.82 | 81.1500 | 10.67 | -- | 2.60 |
| 2003-09 | 22.43 | 11.6900 | 10.66 | 22.3700 | 2.30 | -- | 0.91 |
| 2002-09 | 22.42 | 13.4100 | -- | -- | -- | -- | -- |
| 2001-03 | 21.34 | 13.0700 | 57.87 | 141.8300 | 30.11 | -- | 4.43 |
| 2002-03 | 22.27 | 14.4600 | 55.79 | 127.2800 | 11.32 | -- | 3.86 |
| 2025-03 | 16.07 | 6.7400 | 8.15 | 12.3800 | 4.19 | -- | 1.21 |
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 |
| 2023-09 | 46.66 | 53.34 | 1.58 | 1.18 |
| 2024-03 | 48.45 | 51.55 | 1.36 | 0.78 |
| 2024-09 | 53.58 | 46.42 | 1.20 | 0.88 |
| 2023-03 | 45.29 | 54.71 | 1.34 | 0.79 |
| 2022-09 | 45.95 | 54.05 | 1.33 | 1.00 |
| 2021-03 | 39.71 | 60.29 | 1.51 | 0.92 |
| 2021-09 | 38.69 | 61.31 | 1.60 | 1.04 |
| 2022-03 | 44.91 | 55.09 | 1.30 | 0.75 |
| 2020-03 | 44.30 | 55.70 | 1.25 | 0.67 |
| 2020-09 | 38.77 | 61.23 | 1.54 | 1.17 |
| 2019-09 | 44.37 | 55.63 | 1.25 | 0.89 |
| 2018-09 | 40.18 | 59.82 | 1.51 | 0.99 |
| 2019-03 | 45.57 | 54.43 | 1.16 | 0.69 |
| 2018-03 | 28.21 | 71.79 | 1.91 | 1.10 |
| 2017-09 | 30.29 | 69.71 | 1.90 | 1.36 |
| 2017-03 | 27.37 | 72.63 | 1.94 | 1.19 |
| 2016-03 | 29.46 | 70.54 | 1.78 | 0.96 |
| 2015-09 | 28.53 | 71.47 | 1.90 | 1.44 |
| 2016-09 | 28.21 | 71.79 | 2.02 | 1.51 |
| 2014-09 | 32.75 | 67.25 | 1.52 | 1.10 |
| 2015-03 | 30.70 | 69.30 | 1.64 | 1.06 |
| 2014-03 | 34.95 | 65.05 | 1.33 | 0.83 |
| 2013-09 | 35.41 | 64.59 | 1.32 | 0.99 |
| 2013-03 | 38.07 | 61.93 | 1.23 | 0.85 |
| 2012-09 | 38.80 | 61.20 | 1.23 | 0.94 |
| 2011-09 | 32.94 | 67.06 | 2.64 | 1.96 |
| 2012-03 | 38.45 | 61.55 | 1.25 | 0.87 |
| 2010-03 | 16.38 | 83.62 | 4.22 | 3.32 |
| 2011-03 | 18.52 | 81.48 | 2.55 | 1.51 |
| 2010-09 | 17.09 | 82.91 | 3.86 | 3.03 |
| 2009-09 | 17.39 | 82.61 | 4.19 | 3.59 |
| 2008-09 | 17.07 | 82.93 | 4.03 | 3.11 |
| 2009-03 | 15.24 | 84.76 | 4.52 | 3.57 |
| 2007-09 | 20.64 | 79.36 | 2.93 | 2.29 |
| 2008-03 | 15.82 | 84.18 | 4.14 | 3.21 |
| 2007-03 | 10.96 | 89.04 | 5.40 | 4.65 |
| 2005-09 | 17.15 | 82.85 | 3.54 | 3.08 |
| 2006-09 | 12.28 | 87.72 | 4.66 | 3.74 |
| 2006-03 | 8.41 | 91.59 | 6.65 | 5.98 |
| 2004-09 | 50.06 | 49.94 | 8.52 | 7.79 |
| 2005-03 | 9.82 | 90.18 | 7.91 | 7.01 |
| 2004-03 | 48.17 | 51.83 | 1.53 | 0.95 |
| 2003-03 | 59.19 | 40.81 | 1.01 | 0.64 |
| 2003-09 | 57.28 | 42.72 | 1.37 | 0.78 |
| 2002-09 | -- | -- | -- | -- |
| 2001-03 | 64.89 | 35.11 | 1.17 | 0.98 |
| 2002-03 | 61.02 | 38.98 | 1.25 | 0.80 |
| 2025-03 | 54.10 | 45.90 | 1.03 | 0.52 |
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) |
| 2023/9/30 0:00:00 | 2004054000.0000 | -- | 153648000.0000 | 21397000.0000 |
| 2024/3/31 0:00:00 | 3325976000.0000 | -- | 308163000.0000 | 43479000.0000 |
| 2024/9/30 0:00:00 | 2474030000.0000 | -- | 178845000.0000 | 35326000.0000 |
| 2023/3/31 0:00:00 | 3295189000.0000 | -- | 294840000.0000 | 21631000.0000 |
| 2022/9/30 0:00:00 | 2023767000.0000 | -- | 147974000.0000 | 7667000.0000 |
| 2021/3/31 0:00:00 | 2596468000.0000 | -- | 238615000.0000 | 5332000.0000 |
| 2021/9/30 0:00:00 | 1649158000.0000 | -- | 128644000.0000 | 2517000.0000 |
| 2022/3/31 0:00:00 | 3018152000.0000 | -- | 271301000.0000 | 5128000.0000 |
| 2020/3/31 0:00:00 | 2479261000.0000 | -- | 246057000.0000 | 18126000.0000 |
| 2020/9/30 0:00:00 | 1491411000.0000 | -- | 118547000.0000 | 3329000.0000 |
| 2019/9/30 0:00:00 | 1530022000.0000 | -- | 127752000.0000 | 10119000.0000 |
| 2018/9/30 0:00:00 | 1241600000.0000 | -- | 85593000.0000 | 4943000.0000 |
| 2019/3/31 0:00:00 | 2283010000.0000 | -- | 197186000.0000 | 12120000.0000 |
| 2018/3/31 0:00:00 | 1703605000.0000 | -- | 154733000.0000 | 3817000.0000 |
| 2017/9/30 0:00:00 | 946098000.0000 | -- | 72056000.0000 | 1885000.0000 |
| 2017/3/31 0:00:00 | 1436456000.0000 | -- | 127947000.0000 | 2876000.0000 |
| 2016/3/31 0:00:00 | 1227650000.0000 | -- | 129129000.0000 | 2879000.0000 |
| 2015/9/30 0:00:00 | 728699000.0000 | -- | 63869000.0000 | 1553000.0000 |
| 2016/9/30 0:00:00 | 856854000.0000 | -- | 64715000.0000 | 1822000.0000 |
| 2014/9/30 0:00:00 | 721918000.0000 | -- | 61509000.0000 | 1920000.0000 |
| 2015/3/31 0:00:00 | 1251158000.0000 | -- | 120794000.0000 | 3495000.0000 |
| 2014/3/31 0:00:00 | 1289041000.0000 | -- | 135425000.0000 | 5002000.0000 |
| 2013/9/30 0:00:00 | 731922000.0000 | -- | 65127000.0000 | 2591000.0000 |
| 2013/3/31 0:00:00 | 1194374000.0000 | -- | 136690000.0000 | 6239000.0000 |
| 2012/9/30 0:00:00 | 654942000.0000 | -- | 70394000.0000 | 3515000.0000 |
| 2011/9/30 0:00:00 | 644720000.0000 | -- | 67464000.0000 | 1362000.0000 |
| 2012/3/31 0:00:00 | 1148891000.0000 | -- | 131370000.0000 | 4570000.0000 |
| 2010/3/31 0:00:00 | 782118000.0000 | -- | 92137000.0000 | -- |
| 2011/3/31 0:00:00 | 889006000.0000 | -- | 122201000.0000 | -- |
| 2010/9/30 0:00:00 | 490907000.0000 | -- | 53350000.0000 | -- |
| 2009/9/30 0:00:00 | 474364000.0000 | -- | 44370000.0000 | -- |
| 2008/9/30 0:00:00 | 455086000.0000 | -- | 42304000.0000 | -- |
| 2009/3/31 0:00:00 | 787974000.0000 | -- | 88072000.0000 | -- |
| 2007/9/30 0:00:00 | 299312000.0000 | -- | 26589000.0000 | -- |
| 2008/3/31 0:00:00 | 658131000.0000 | -- | 65144000.0000 | -- |
| 2007/3/31 0:00:00 | 387006000.0000 | -- | 48583000.0000 | -- |
| 2005/9/30 0:00:00 | 227945000.0000 | -- | 15709000.0000 | -- |
| 2006/9/30 0:00:00 | 186943000.0000 | -- | 21833000.0000 | -- |
| 2006/3/31 0:00:00 | 393677000.0000 | -- | 36047000.0000 | -- |
| 2004/9/30 0:00:00 | 176458000.0000 | -- | 13267000.0000 | 170000.0000 |
| 2005/3/31 0:00:00 | 322886000.0000 | -- | 26265000.0000 | 189000.0000 |
| 2004/3/31 0:00:00 | 264576000.0000 | -- | 22138000.0000 | 2275000.0000 |
| 2003/3/31 0:00:00 | 186746000.0000 | -- | 20854000.0000 | 1499000.0000 |
| 2003/9/30 0:00:00 | 113333000.0000 | -- | 12711000.0000 | 1290000.0000 |
| 2002/9/30 0:00:00 | 94976000.0000 | -- | 10528000.0000 | 690000.0000 |
| 2001/3/31 0:00:00 | 140158000.0000 | -- | 13581000.0000 | 1773000.0000 |
| 2002/3/31 0:00:00 | 170004000.0000 | -- | 17174000.0000 | 1183000.0000 |
| 2025/3/31 0:00:00 | 4035190000.0000 | -- | 356554000.0000 | 69015000.0000 |