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 | 33464611000.0000 | 9.32 | 3194265000.0000 | 18.06 | 932149000.0000 | 55.89 | 469569000.0000 | 60.57 |
| 2024-06 | 59496365000.0000 | 4.86 | 5711472000.0000 | 273.25 | 1238373000.0000 | -145.43 | 750677000.0000 | -131.50 |
| 2023-12 | 30611229000.0000 | -1.88 | 2705626000.0000 | 294.36 | 597963000.0000 | -141.47 | 292436000.0000 | -121.06 |
| 2023-06 | 56739440000.0000 | -12.08 | 1530214000.0000 | -78.11 | -2726030000.0000 | -180.82 | -2383376000.0000 | -172.77 |
| 2022-12 | 31198020000.0000 | -9.50 | 686085000.0000 | -85.34 | -1441915000.0000 | -150.15 | -1388795000.0000 | -150.05 |
| 2021-12 | 34471332000.0000 | 11.61 | 4680570000.0000 | -27.49 | 2875095000.0000 | -41.06 | 2774725000.0000 | -30.67 |
| 2022-06 | 64538102000.0000 | 4.81 | 6991880000.0000 | -40.19 | 3373022000.0000 | -60.20 | 3275360000.0000 | -53.88 |
| 2020-06 | 51341190000.0000 | -5.98 | 9027294000.0000 | 6.02 | 5295602000.0000 | 9.01 | 4168455000.0000 | 7.46 |
| 2021-06 | 61574060000.0000 | 19.93 | 11690943000.0000 | 29.51 | 8475549000.0000 | 60.05 | 7101141000.0000 | 70.35 |
| 2020-12 | 30886630000.0000 | 7.11 | 6455138000.0000 | 31.26 | 4877833000.0000 | 68.06 | 4001987000.0000 | 75.63 |
| 2019-12 | 28835748000.0000 | -4.99 | 4917807000.0000 | 3.38 | 2902453000.0000 | 1.29 | 2278682000.0000 | 0.52 |
| 2018-12 | 30351170000.0000 | 18.33 | 4757101000.0000 | -24.37 | 2865403000.0000 | -47.25 | 2266830000.0000 | -47.64 |
| 2019-06 | 54609245000.0000 | 3.46 | 8515094000.0000 | -26.50 | 4857925000.0000 | -49.14 | 3879060000.0000 | -50.57 |
| 2017-06 | 39154808000.0000 | 22.01 | 7976261000.0000 | 36.08 | 5434998000.0000 | 225.95 | 4383668000.0000 | 290.79 |
| 2017-12 | 25649442000.0000 | 34.11 | 6289665000.0000 | 80.18 | 5431771000.0000 | 129.47 | 4329268000.0000 | 126.11 |
| 2018-06 | 52781754000.0000 | 34.80 | 11585247000.0000 | 45.25 | 9551292000.0000 | 75.74 | 7848075000.0000 | 79.03 |
| 2016-06 | 32092770000.0000 | 6.65 | 5861326000.0000 | 24.28 | 1667433000.0000 | -14.73 | 1121742000.0000 | -20.53 |
| 2016-12 | 19125024000.0000 | 17.26 | 3490814000.0000 | 23.44 | 2367125000.0000 | 317.57 | 1914683000.0000 | 513.64 |
| 2015-06 | 30092546000.0000 | 4.02 | 4716405000.0000 | -0.73 | 1955473000.0000 | -9.35 | 1411520000.0000 | -19.58 |
| 2015-12 | 16310521000.0000 | 3.98 | 2827890000.0000 | 33.37 | 566879000.0000 | -38.43 | 312023000.0000 | -54.07 |
| 2014-12 | 15686503000.0000 | 6.61 | 2120393000.0000 | -8.59 | 920728000.0000 | -24.16 | 679333000.0000 | -30.15 |
| 2013-12 | 14713844000.0000 | -0.08 | 2319605000.0000 | -1.37 | 1213999000.0000 | 40.06 | 972602000.0000 | 47.71 |
| 2014-06 | 28928740000.0000 | 0.66 | 4751092000.0000 | 3.14 | 2157253000.0000 | 6.98 | 1755172000.0000 | 12.47 |
| 2013-06 | 28739142000.0000 | 5.78 | 4606318000.0000 | 6.20 | 2016506000.0000 | 5.68 | 1560623000.0000 | 9.89 |
| 2012-12 | 14725654000.0000 | 16.56 | 2351817000.0000 | 16.99 | 866773000.0000 | -19.82 | 658469000.0000 | -21.29 |
| 2011-12 | 12633975000.0000 | 0.15 | 2010316000.0000 | -11.65 | 1081071000.0000 | -27.57 | 836527000.0000 | -33.99 |
| 2012-06 | 27169737000.0000 | 11.41 | 4337424000.0000 | 2.62 | 1908067000.0000 | -20.62 | 1420152000.0000 | -27.83 |
| 2010-06 | 17946032000.0000 | 36.69 | 3912595000.0000 | 60.25 | 2578902000.0000 | 40.40 | 2166452000.0000 | 30.42 |
| 2010-12 | 12615040000.0000 | 45.00 | 2275422000.0000 | 23.70 | 1492521000.0000 | 23.71 | 1267338000.0000 | 22.18 |
| 2011-06 | 24386905000.0000 | 35.89 | 4226798000.0000 | 8.03 | 2403749000.0000 | -6.79 | 1967838000.0000 | -9.17 |
| 2009-12 | 8700136000.0000 | 37.37 | 1839438000.0000 | 113.98 | 1206489000.0000 | 208.42 | 1037287000.0000 | 220.70 |
| 2009-06 | 13128585000.0000 | -6.98 | 2441509000.0000 | -15.00 | 1836762000.0000 | -15.12 | 1661122000.0000 | -11.49 |
| 2008-06 | 14113586000.0000 | 43.46 | 2872336000.0000 | 13.58 | 2163972000.0000 | 0.09 | 1876850000.0000 | -6.32 |
| 2008-12 | 6333264000.0000 | -5.34 | 859648000.0000 | -45.46 | 391180000.0000 | -67.54 | 323448000.0000 | -69.38 |
| 2007-12 | 6690409000.0000 | 44.24 | 1576214000.0000 | 30.92 | 1205134000.0000 | 16.98 | 1056163000.0000 | 11.40 |
| 2006-06 | 7902156000.0000 | 63.76 | 1860874000.0000 | 144.69 | 1516410000.0000 | 300.82 | 1374782000.0000 | 352.59 |
| 2006-12 | 4638469000.0000 | 22.90 | 1203941000.0000 | 45.30 | 1030206000.0000 | 65.21 | 948062000.0000 | 69.23 |
| 2007-06 | 9837664000.0000 | 24.49 | 2528911000.0000 | 35.90 | 2161983000.0000 | 42.57 | 2003408000.0000 | 45.73 |
| 2005-12 | 3774314000.0000 | 112.02 | 828618000.0000 | 179.27 | 623555000.0000 | 313.42 | 560216000.0000 | 342.45 |
| 2005-06 | 4825373000.0000 | 81.85 | 760504000.0000 | 38.82 | 378326000.0000 | 11.09 | 303759000.0000 | 7.96 |
| 2005-09 | 1847810000.0000 | 120.86 | 379620000.0000 | 182.15 | 282012000.0000 | 334.29 | 242049000.0000 | 358.52 |
| 2004-06 | 2653501000.0000 | 18.21 | 547818000.0000 | 88.56 | 340559000.0000 | 140.84 | 281375000.0000 | 154.44 |
| 2004-09 | 836660000.0000 | -- | 134545000.0000 | -- | 64936000.0000 | -- | 52789000.0000 | -- |
| 2004-12 | 1780193000.0000 | -- | 296709000.0000 | -- | 150828000.0000 | -- | 126616000.0000 | -- |
| 2003-06 | 2244817000.0000 | -- | 290534000.0000 | -- | 141407000.0000 | -- | 110585000.0000 | -- |
| 2025-06 | 63240539000.0000 | 6.29 | 7245143000.0000 | 26.85 | 2484576000.0000 | 100.63 | 1767106000.0000 | 135.40 |
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 | 9.55 | 2.8200 | 0.65 | 1.0200 | 3.18 | -- | 0.23 |
| 2024-06 | 9.60 | 2.0700 | 0.89 | 1.6600 | 5.29 | -- | 0.43 |
| 2023-12 | 8.84 | 1.9400 | 0.46 | 0.6500 | 2.97 | -- | 0.24 |
| 2023-06 | 2.70 | -4.7500 | -2.26 | -5.3400 | 6.23 | -- | 0.47 |
| 2022-12 | 2.20 | -4.6800 | -1.27 | -3.0600 | 3.16 | -- | 0.27 |
| 2021-12 | 13.58 | 8.1500 | 2.98 | 5.8800 | 2.85 | -- | 0.36 |
| 2022-06 | 10.83 | 5.0500 | 3.15 | 6.9600 | 4.73 | -- | 0.60 |
| 2020-06 | 17.58 | 10.0400 | 6.68 | 10.3300 | 8.07 | -- | 0.65 |
| 2021-06 | 18.99 | 13.4600 | 9.20 | 15.4600 | 6.07 | -- | 0.67 |
| 2020-12 | 20.90 | 15.4700 | 5.84 | 9.2400 | 3.89 | -- | 0.37 |
| 2019-12 | 17.05 | 9.9700 | 3.66 | 5.8500 | 5.16 | -- | 0.36 |
| 2018-12 | 15.67 | 9.3400 | 3.50 | 6.2300 | 3.71 | -- | 0.37 |
| 2019-06 | 15.59 | 8.7900 | 5.94 | 10.1900 | 5.97 | -- | 0.67 |
| 2017-06 | 20.37 | 13.5800 | 8.21 | 14.7400 | 6.66 | -- | 0.59 |
| 2017-12 | 24.52 | 20.9900 | 7.68 | 13.1500 | 3.11 | -- | 0.36 |
| 2018-06 | 21.95 | 17.8400 | 12.27 | 21.8100 | 6.16 | -- | 0.68 |
| 2016-06 | 18.26 | 5.0600 | 2.48 | 4.3000 | 7.28 | -- | 0.48 |
| 2016-12 | 18.25 | 12.1400 | 3.75 | 6.9600 | 4.97 | -- | 0.30 |
| 2015-06 | 15.67 | 6.3700 | 3.01 | 5.6000 | 7.14 | -- | 0.46 |
| 2015-12 | 17.34 | 3.3600 | 0.87 | 1.2300 | 4.24 | -- | 0.25 |
| 2014-12 | 13.52 | 5.6700 | 1.42 | 2.7800 | 3.88 | -- | 0.24 |
| 2013-12 | 15.76 | 8.1500 | 1.86 | 4.1600 | 3.95 | -- | 0.23 |
| 2014-06 | 16.42 | 7.3300 | 3.22 | 7.2900 | 5.35 | -- | 0.43 |
| 2013-06 | 16.03 | 7.0100 | 3.13 | 6.8500 | 6.39 | -- | 0.45 |
| 2012-12 | 15.97 | 5.8900 | 1.37 | 3.0000 | 3.89 | -- | 0.23 |
| 2011-12 | 15.91 | 8.5600 | 1.86 | 3.9700 | 3.18 | -- | 0.22 |
| 2012-06 | 15.96 | 7.0200 | 3.28 | 6.5900 | 5.44 | -- | 0.47 |
| 2010-06 | 21.80 | 14.3700 | 6.26 | 11.3200 | 3.73 | -- | 0.44 |
| 2010-12 | 18.04 | 11.8300 | 3.19 | 6.3300 | 3.48 | -- | 0.27 |
| 2011-06 | 17.33 | 9.8600 | 4.72 | 9.5500 | 7.88 | -- | 0.48 |
| 2009-12 | 21.14 | 13.8700 | 3.34 | 5.7500 | 3.74 | -- | 0.24 |
| 2009-06 | 18.60 | 13.9900 | 5.48 | 11.3100 | 7.12 | -- | 0.39 |
| 2008-06 | 20.35 | 15.3300 | 6.64 | 14.1400 | 3.99 | -- | 0.43 |
| 2008-12 | 13.57 | 6.1800 | 1.21 | 2.4100 | 4.10 | -- | 0.20 |
| 2007-12 | 23.56 | 18.0100 | 5.04 | 8.6200 | 3.27 | -- | 0.28 |
| 2006-06 | 23.55 | 19.1900 | 10.20 | 18.2300 | 6.48 | -- | 0.53 |
| 2006-12 | 25.96 | 22.2100 | 6.70 | 11.2700 | 3.99 | -- | 0.30 |
| 2007-06 | 25.71 | 21.9800 | 10.62 | 17.4000 | 4.86 | -- | 0.48 |
| 2005-12 | 21.95 | 16.5200 | 5.14 | 19.5800 | 3.27 | -- | 0.31 |
| 2005-06 | 15.76 | 7.8400 | 3.23 | 13.0800 | 4.07 | -- | 0.41 |
| 2005-09 | 20.54 | 15.2600 | 2.39 | 9.3500 | 1.71 | -- | 0.16 |
| 2004-06 | 20.65 | 12.8300 | 6.19 | 26.8200 | 3.72 | -- | 0.48 |
| 2004-09 | 16.08 | 7.7600 | -- | -- | -- | -- | -- |
| 2004-12 | 16.67 | 8.4700 | -- | -- | -- | -- | -- |
| 2003-06 | 12.94 | 6.3000 | 3.65 | 14.4100 | 6.27 | -- | 0.58 |
| 2025-06 | 11.46 | 3.9500 | 1.67 | 3.5300 | 5.36 | -- | 0.42 |
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 | 65.68 | 34.32 | 0.99 | 0.72 |
| 2024-06 | 64.96 | 35.04 | 1.16 | 0.84 |
| 2023-12 | 64.93 | 35.07 | 1.04 | 0.73 |
| 2023-06 | 62.59 | 37.41 | 1.05 | 0.73 |
| 2022-12 | 59.77 | 40.23 | 1.04 | 0.70 |
| 2021-12 | 50.58 | 49.42 | 1.04 | 0.65 |
| 2022-06 | 55.64 | 44.36 | 1.79 | 1.12 |
| 2020-06 | 48.57 | 51.43 | 1.12 | 0.80 |
| 2021-06 | 49.66 | 50.34 | 1.20 | 0.86 |
| 2020-12 | 47.63 | 52.37 | 1.05 | 0.75 |
| 2019-12 | 50.38 | 49.62 | 1.07 | 0.81 |
| 2018-12 | 55.20 | 44.80 | 1.05 | 0.76 |
| 2019-06 | 53.05 | 46.95 | 1.02 | 0.69 |
| 2017-06 | 54.53 | 45.47 | 1.06 | 0.78 |
| 2017-12 | 53.06 | 46.94 | 1.08 | 0.76 |
| 2018-06 | 53.41 | 46.59 | 1.02 | 0.75 |
| 2016-06 | 60.74 | 39.26 | 1.15 | 0.95 |
| 2016-12 | 55.85 | 44.15 | 1.04 | 0.83 |
| 2015-06 | 60.75 | 39.25 | 1.03 | 0.83 |
| 2015-12 | 60.73 | 39.27 | 1.02 | 0.85 |
| 2014-12 | 61.64 | 38.36 | 1.05 | 0.85 |
| 2013-12 | 63.41 | 36.59 | 1.10 | 0.91 |
| 2014-06 | 63.28 | 36.72 | 1.11 | 0.86 |
| 2013-06 | 63.87 | 36.13 | 1.28 | 1.01 |
| 2012-12 | 64.68 | 35.32 | 1.14 | 0.92 |
| 2011-12 | 63.15 | 36.85 | 1.26 | 0.99 |
| 2012-06 | 62.24 | 37.76 | 1.01 | 0.71 |
| 2010-06 | 52.99 | 47.01 | 1.46 | 0.88 |
| 2010-12 | 56.62 | 43.38 | 1.30 | 0.93 |
| 2011-06 | 58.70 | 41.30 | 1.31 | 0.99 |
| 2009-12 | 49.42 | 50.58 | 1.03 | 0.73 |
| 2009-06 | 55.58 | 44.42 | 1.03 | 0.73 |
| 2008-06 | 58.47 | 41.53 | 1.23 | 0.77 |
| 2008-12 | 58.00 | 42.00 | 1.06 | 0.76 |
| 2007-12 | 48.12 | 51.88 | 1.22 | 0.86 |
| 2006-06 | 48.66 | 51.34 | 1.30 | 1.08 |
| 2006-12 | 44.46 | 55.54 | 1.34 | 0.98 |
| 2007-06 | 42.86 | 57.14 | 1.26 | 0.91 |
| 2005-12 | 75.57 | 24.43 | 0.63 | 0.45 |
| 2005-06 | 79.42 | 20.58 | 0.62 | 0.44 |
| 2005-09 | 77.25 | 22.75 | 0.84 | 0.62 |
| 2004-06 | 79.46 | 20.54 | 0.98 | 0.75 |
| 2004-09 | -- | -- | -- | -- |
| 2004-12 | -- | -- | -- | -- |
| 2003-06 | 80.16 | 19.84 | 0.83 | 0.67 |
| 2025-06 | 66.04 | 33.96 | 1.07 | 0.75 |
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 | 30270346000.0000 | -- | 1207268000.0000 | 657166000.0000 |
| 2024/6/30 0:00:00 | 53784893000.0000 | -- | 2150149000.0000 | 1461063000.0000 |
| 2023/12/31 0:00:00 | 27905603000.0000 | -- | 1031254000.0000 | 662107000.0000 |
| 2023/6/30 0:00:00 | 55209226000.0000 | -- | 2576995000.0000 | 926131000.0000 |
| 2022/12/31 0:00:00 | 30511935000.0000 | -- | 1225541000.0000 | 611615000.0000 |
| 2021/12/31 0:00:00 | 29790762000.0000 | -- | 1202365000.0000 | 116737000.0000 |
| 2022/6/30 0:00:00 | 57546222000.0000 | -- | 2322490000.0000 | 425533000.0000 |
| 2020/6/30 0:00:00 | 42313896000.0000 | -- | 1880451000.0000 | 1027231000.0000 |
| 2021/6/30 0:00:00 | 49883117000.0000 | -- | 2065516000.0000 | 279554000.0000 |
| 2020/12/31 0:00:00 | 24431492000.0000 | -- | 979783000.0000 | 171889000.0000 |
| 2019/12/31 0:00:00 | 23917941000.0000 | -- | 925366000.0000 | 542315000.0000 |
| 2018/12/31 0:00:00 | 25594069000.0000 | -- | 831237000.0000 | 599519000.0000 |
| 2019/6/30 0:00:00 | 46094151000.0000 | -- | 1723380000.0000 | 1107647000.0000 |
| 2017/6/30 0:00:00 | 31178547000.0000 | -- | 1142334000.0000 | 1358891000.0000 |
| 2017/12/31 0:00:00 | 19359777000.0000 | -- | 557049000.0000 | 451899000.0000 |
| 2018/6/30 0:00:00 | 41196507000.0000 | -- | 1226499000.0000 | 930635000.0000 |
| 2016/6/30 0:00:00 | 26231444000.0000 | -- | 1047598000.0000 | 3043661000.0000 |
| 2016/12/31 0:00:00 | 15634210000.0000 | -- | 534016000.0000 | 605693000.0000 |
| 2015/6/30 0:00:00 | 25376141000.0000 | -- | 917743000.0000 | 1331533000.0000 |
| 2015/12/31 0:00:00 | 13482631000.0000 | -- | 538270000.0000 | 1682121000.0000 |
| 2014/12/31 0:00:00 | 13566110000.0000 | -- | 472404000.0000 | 584790000.0000 |
| 2013/12/31 0:00:00 | 12394239000.0000 | -- | 430782000.0000 | 560092000.0000 |
| 2014/6/30 0:00:00 | 24177648000.0000 | -- | 820670000.0000 | 1503129000.0000 |
| 2013/6/30 0:00:00 | 24132824000.0000 | -- | 801981000.0000 | 1326413000.0000 |
| 2012/12/31 0:00:00 | 12373837000.0000 | -- | 428326000.0000 | 780949000.0000 |
| 2011/12/31 0:00:00 | 10623659000.0000 | -- | 357319000.0000 | 251479000.0000 |
| 2012/6/30 0:00:00 | 22832313000.0000 | -- | 662194000.0000 | 1161950000.0000 |
| 2010/6/30 0:00:00 | 14033437000.0000 | -- | 479849000.0000 | 541120000.0000 |
| 2010/12/31 0:00:00 | 10339618000.0000 | -- | 367033000.0000 | 265934000.0000 |
| 2011/6/30 0:00:00 | 20160107000.0000 | -- | 627463000.0000 | 753963000.0000 |
| 2009/12/31 0:00:00 | 6860698000.0000 | -- | 237549000.0000 | 236766000.0000 |
| 2009/6/30 0:00:00 | 10687076000.0000 | -- | 320853000.0000 | 502214000.0000 |
| 2008/6/30 0:00:00 | 11241250000.0000 | -- | 499778000.0000 | 101884000.0000 |
| 2008/12/31 0:00:00 | 5473616000.0000 | -- | 146991000.0000 | 230504000.0000 |
| 2007/12/31 0:00:00 | 5114195000.0000 | -- | 287241000.0000 | 64562000.0000 |
| 2006/6/30 0:00:00 | 6041282000.0000 | -- | 233897000.0000 | 294793000.0000 |
| 2006/12/31 0:00:00 | 3434528000.0000 | -- | 140523000.0000 | 85278000.0000 |
| 2007/6/30 0:00:00 | 7308753000.0000 | -- | 351274000.0000 | 131441000.0000 |
| 2005/12/31 0:00:00 | 2945696000.0000 | -- | 82749000.0000 | 156424000.0000 |
| 2005/6/30 0:00:00 | 4064869000.0000 | -- | 135020000.0000 | 179814000.0000 |
| 2005/9/30 0:00:00 | 1468190000.0000 | -- | 42447000.0000 | 71273000.0000 |
| 2004/6/30 0:00:00 | 2105683000.0000 | -- | 67305000.0000 | 85074000.0000 |
| 2004/9/30 0:00:00 | 702115000.0000 | -- | 24681000.0000 | 29811000.0000 |
| 2004/12/31 0:00:00 | 1483484000.0000 | -- | 55623000.0000 | 62756000.0000 |
| 2003/6/30 0:00:00 | 1954283000.0000 | -- | 39173000.0000 | 62111000.0000 |
| 2025/6/30 0:00:00 | 55995396000.0000 | -- | 2256108000.0000 | 1399470000.0000 |