中商官网
研究报告
玖龙纸业（HK2689）
主要经济指标
| 类别\年份 | 营业额 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产合计 （元) |
负债合计 （元) |
权益合计 （元) |
| 2004 | 1780193000.0000 | 296709000.0000 | 150828000.0000 | 126616000.0000 | -- | -- | -- |
| 2005 | 3774314000.0000 | 828618000.0000 | 623555000.0000 | 560216000.0000 | 12130652000.0000 | 9167399000.0000 | 2963253000.0000 |
| 2006 | 4638469000.0000 | 1203941000.0000 | 1030206000.0000 | 948062000.0000 | 15364910000.0000 | 6831860000.0000 | 8533050000.0000 |
| 2007 | 6690409000.0000 | 1576214000.0000 | 1205134000.0000 | 1056163000.0000 | 23894901000.0000 | 11498486000.0000 | 12396415000.0000 |
| 2008 | 6333264000.0000 | 859648000.0000 | 391180000.0000 | 323448000.0000 | 32308834000.0000 | 18740162000.0000 | 13568672000.0000 |
| 2009 | 8700136000.0000 | 1839438000.0000 | 1206489000.0000 | 1037287000.0000 | 36102072000.0000 | 17840742000.0000 | 18261330000.0000 |
| 2010 | 12615040000.0000 | 2275422000.0000 | 1492521000.0000 | 1267338000.0000 | 46747168000.0000 | 26467223000.0000 | 20279945000.0000 |
| 2011 | 12633975000.0000 | 2010316000.0000 | 1081071000.0000 | 836527000.0000 | 58269679000.0000 | 36796083000.0000 | 21473596000.0000 |
| 2012 | 14725654000.0000 | 2351817000.0000 | 866773000.0000 | 658469000.0000 | 63482410000.0000 | 41058011000.0000 | 22424399000.0000 |
| 2013 | 14713844000.0000 | 2319605000.0000 | 1213999000.0000 | 972602000.0000 | 65278125000.0000 | 41390918000.0000 | 23887207000.0000 |
| 2014 | 15686503000.0000 | 2120393000.0000 | 920728000.0000 | 679333000.0000 | 64876397000.0000 | 39991482000.0000 | 24884915000.0000 |
| 2015 | 16310521000.0000 | 2827890000.0000 | 566879000.0000 | 312023000.0000 | 65366245000.0000 | 39695096000.0000 | 25671149000.0000 |
| 2016 | 19125024000.0000 | 3490814000.0000 | 2367125000.0000 | 1914683000.0000 | 63102848000.0000 | 35244022000.0000 | 27858826000.0000 |
| 2017 | 25649442000.0000 | 6289665000.0000 | 5431771000.0000 | 4329268000.0000 | 70708361000.0000 | 37517795000.0000 | 33190566000.0000 |
| 2018 | 30351170000.0000 | 4757101000.0000 | 2865403000.0000 | 2266830000.0000 | 81882637000.0000 | 45197819000.0000 | 36684818000.0000 |
| 2019 | 28835748000.0000 | 4917807000.0000 | 2902453000.0000 | 2278682000.0000 | 79227893000.0000 | 39916477000.0000 | 39311416000.0000 |
| 2020 | 30886630000.0000 | 6455138000.0000 | 4877833000.0000 | 4001987000.0000 | 83480386000.0000 | 39763710000.0000 | 43716676000.0000 |
| 2021 | 34471332000.0000 | 4680570000.0000 | 2875095000.0000 | 2774725000.0000 | 96391081000.0000 | 48753626000.0000 | 47637455000.0000 |
| 2022 | 31198020000.0000 | 686085000.0000 | -1441915000.0000 | -1388795000.0000 | 113828272000.0000 | 68035822000.0000 | 45792450000.0000 |
| 2023 | 30611229000.0000 | 2705626000.0000 | 597963000.0000 | 292436000.0000 | 128912302000.0000 | 83702803000.0000 | 45209499000.0000 |
| 2024 | 33464611000.0000 | 3194265000.0000 | 932149000.0000 | 469569000.0000 | 143298435000.0000 | 94124239000.0000 | 49174196000.0000 |
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) |
| 2004 | 16.67 | 8.4700 | -- | -- | -- | -- | -- |
| 2005 | 21.95 | 16.5200 | 5.14 | 19.5800 | 3.27 | -- | 0.31 |
| 2006 | 25.96 | 22.2100 | 6.70 | 11.2700 | 3.99 | -- | 0.30 |
| 2007 | 23.56 | 18.0100 | 5.04 | 8.6200 | 3.27 | -- | 0.28 |
| 2008 | 13.57 | 6.1800 | 1.21 | 2.4100 | 4.10 | -- | 0.20 |
| 2009 | 21.14 | 13.8700 | 3.34 | 5.7500 | 3.74 | -- | 0.24 |
| 2010 | 18.04 | 11.8300 | 3.19 | 6.3300 | 3.48 | -- | 0.27 |
| 2011 | 15.91 | 8.5600 | 1.86 | 3.9700 | 3.18 | -- | 0.22 |
| 2012 | 15.97 | 5.8900 | 1.37 | 3.0000 | 3.89 | -- | 0.23 |
| 2013 | 15.76 | 8.1500 | 1.86 | 4.1600 | 3.95 | -- | 0.23 |
| 2014 | 13.52 | 5.6700 | 1.42 | 2.7800 | 3.88 | -- | 0.24 |
| 2015 | 17.34 | 3.3600 | 0.87 | 1.2300 | 4.24 | -- | 0.25 |
| 2016 | 18.25 | 12.1400 | 3.75 | 6.9600 | 4.97 | -- | 0.30 |
| 2017 | 24.52 | 20.9900 | 7.68 | 13.1500 | 3.11 | -- | 0.36 |
| 2018 | 15.67 | 9.3400 | 3.50 | 6.2300 | 3.71 | -- | 0.37 |
| 2019 | 17.05 | 9.9700 | 3.66 | 5.8500 | 5.16 | -- | 0.36 |
| 2020 | 20.90 | 15.4700 | 5.84 | 9.2400 | 3.89 | -- | 0.37 |
| 2021 | 13.58 | 8.1500 | 2.98 | 5.8800 | 2.85 | -- | 0.36 |
| 2022 | 2.20 | -4.6800 | -1.27 | -3.0600 | 3.16 | -- | 0.27 |
| 2023 | 8.84 | 1.9400 | 0.46 | 0.6500 | 2.97 | -- | 0.24 |
| 2024 | 9.55 | 2.8200 | 0.65 | 1.0200 | 3.18 | -- | 0.23 |
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 |
| 2004 | -- | -- | -- | -- |
| 2005 | 75.57 | 24.43 | 0.63 | 0.45 |
| 2006 | 44.46 | 55.54 | 1.34 | 0.98 |
| 2007 | 48.12 | 51.88 | 1.22 | 0.86 |
| 2008 | 58.00 | 42.00 | 1.06 | 0.76 |
| 2009 | 49.42 | 50.58 | 1.03 | 0.73 |
| 2010 | 56.62 | 43.38 | 1.30 | 0.93 |
| 2011 | 63.15 | 36.85 | 1.26 | 0.99 |
| 2012 | 64.68 | 35.32 | 1.14 | 0.92 |
| 2013 | 63.41 | 36.59 | 1.10 | 0.91 |
| 2014 | 61.64 | 38.36 | 1.05 | 0.85 |
| 2015 | 60.73 | 39.27 | 1.02 | 0.85 |
| 2016 | 55.85 | 44.15 | 1.04 | 0.83 |
| 2017 | 53.06 | 46.94 | 1.08 | 0.76 |
| 2018 | 55.20 | 44.80 | 1.05 | 0.76 |
| 2019 | 50.38 | 49.62 | 1.07 | 0.81 |
| 2020 | 47.63 | 52.37 | 1.05 | 0.75 |
| 2021 | 50.58 | 49.42 | 1.04 | 0.65 |
| 2022 | 59.77 | 40.23 | 1.04 | 0.70 |
| 2023 | 64.93 | 35.07 | 1.04 | 0.73 |
| 2024 | 65.68 | 34.32 | 0.99 | 0.72 |
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) |
| 2004 | 1483484000.0000 | -- | 55623000.0000 | 62756000.0000 |
| 2005 | 2945696000.0000 | -- | 82749000.0000 | 156424000.0000 |
| 2006 | 3434528000.0000 | -- | 140523000.0000 | 85278000.0000 |
| 2007 | 5114195000.0000 | -- | 287241000.0000 | 64562000.0000 |
| 2008 | 5473616000.0000 | -- | 146991000.0000 | 230504000.0000 |
| 2009 | 6860698000.0000 | -- | 237549000.0000 | 236766000.0000 |
| 2010 | 10339618000.0000 | -- | 367033000.0000 | 265934000.0000 |
| 2011 | 10623659000.0000 | -- | 357319000.0000 | 251479000.0000 |
| 2012 | 12373837000.0000 | -- | 428326000.0000 | 780949000.0000 |
| 2013 | 12394239000.0000 | -- | 430782000.0000 | 560092000.0000 |
| 2014 | 13566110000.0000 | -- | 472404000.0000 | 584790000.0000 |
| 2015 | 13482631000.0000 | -- | 538270000.0000 | 1682121000.0000 |
| 2016 | 15634210000.0000 | -- | 534016000.0000 | 605693000.0000 |
| 2017 | 19359777000.0000 | -- | 557049000.0000 | 451899000.0000 |
| 2018 | 25594069000.0000 | -- | 831237000.0000 | 599519000.0000 |
| 2019 | 23917941000.0000 | -- | 925366000.0000 | 542315000.0000 |
| 2020 | 24431492000.0000 | -- | 979783000.0000 | 171889000.0000 |
| 2021 | 29790762000.0000 | -- | 1202365000.0000 | 116737000.0000 |
| 2022 | 30511935000.0000 | -- | 1225541000.0000 | 611615000.0000 |
| 2023 | 27905603000.0000 | -- | 1031254000.0000 | 662107000.0000 |
| 2024 | 30270346000.0000 | -- | 1207268000.0000 | 657166000.0000 |