中商官网
研究报告
绿城中国（HK3900）
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) |
| 2003 | 1224362000.0000 | 363990000.0000 | 192195000.0000 | 77234000.0000 | 7626935000.0000 | 7340689000.0000 | 286246000.0000 |
| 2004 | 2739082000.0000 | 882236000.0000 | 653733000.0000 | 454395000.0000 | 10390832000.0000 | 9709604000.0000 | 681228000.0000 |
| 2005 | 2535075000.0000 | 895441000.0000 | 711559000.0000 | 622688000.0000 | 12581682000.0000 | 11718549000.0000 | 863133000.0000 |
| 2006 | 6400467000.0000 | 2820521000.0000 | 2171867000.0000 | 1269066000.0000 | 17838533000.0000 | 13099899000.0000 | 4738634000.0000 |
| 2007 | 5738791000.0000 | 2063593000.0000 | 1735473000.0000 | 923376000.0000 | 32865845000.0000 | 23379343000.0000 | 9486502000.0000 |
| 2008 | 6635357000.0000 | 1869629000.0000 | 1195710000.0000 | 540285000.0000 | 42815076000.0000 | 32533750000.0000 | 10281326000.0000 |
| 2009 | 8727429000.0000 | 2312151000.0000 | 1570210000.0000 | 1012120000.0000 | 75475752000.0000 | 63027176000.0000 | 12448576000.0000 |
| 2010 | 11161260000.0000 | 3401333000.0000 | 3000313000.0000 | 1531774000.0000 | 125358954000.0000 | 110906263000.0000 | 14452691000.0000 |
| 2011 | 21963747000.0000 | 7408393000.0000 | 6700714000.0000 | 2574637000.0000 | 127976528000.0000 | 110333214000.0000 | 17643314000.0000 |
| 2012 | 35392506000.0000 | 10713696000.0000 | 10257200000.0000 | 4851123000.0000 | 107707296000.0000 | 80219221000.0000 | 27488075000.0000 |
| 2013 | 28990570000.0000 | 8775369000.0000 | 9146062000.0000 | 4702600000.0000 | 122335702000.0000 | 90324730000.0000 | 32010972000.0000 |
| 2014 | 32048979000.0000 | 8132660000.0000 | 5928465000.0000 | 1724777000.0000 | 127143878000.0000 | 92298570000.0000 | 34845308000.0000 |
| 2015 | 26047051000.0000 | 5420945000.0000 | 2934671000.0000 | 532443000.0000 | 144512604000.0000 | 107852545000.0000 | 36660059000.0000 |
| 2016 | 28975603000.0000 | 6021975000.0000 | 3748229000.0000 | 1513045000.0000 | 169795629000.0000 | 130468986000.0000 | 39326643000.0000 |
| 2017 | 41952752000.0000 | 8075600000.0000 | 6390768000.0000 | 1662454000.0000 | 235828246000.0000 | 189033807000.0000 | 46794439000.0000 |
| 2018 | 60302510000.0000 | 13752353000.0000 | 7903972000.0000 | 391696000.0000 | 279762744000.0000 | 219643904000.0000 | 60118840000.0000 |
| 2019 | 61592939000.0000 | 15640408000.0000 | 9953126000.0000 | 1193344000.0000 | 337092118000.0000 | 267936646000.0000 | 69155472000.0000 |
| 2020 | 65782531000.0000 | 15572900000.0000 | 10753528000.0000 | 2473528000.0000 | 414281848000.0000 | 329691775000.0000 | 84590073000.0000 |
| 2021 | 100240064000.0000 | 18168480000.0000 | 12555302000.0000 | 3255370000.0000 | 521043625000.0000 | 413397775000.0000 | 107645850000.0000 |
| 2022 | 127153071000.0000 | 22020747000.0000 | 13256317000.0000 | 2584450000.0000 | 535076992000.0000 | 423664074000.0000 | 111412918000.0000 |
| 2023 | 131383150000.0000 | 17072861000.0000 | 9724646000.0000 | 3091730000.0000 | 535536974000.0000 | 421601866000.0000 | 113935108000.0000 |
| 2024 | 158546170000.0000 | 20225297000.0000 | 7073852000.0000 | 1596426000.0000 | 507784971000.0000 | 394300788000.0000 | 113484183000.0000 |
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) |
| 2003 | 29.73 | 16.2600 | 2.52 | 64.2200 | 0.21 | -- | 0.16 |
| 2004 | 32.21 | 25.4400 | 6.29 | 83.0400 | 0.36 | -- | 0.26 |
| 2005 | 35.32 | 26.8400 | 5.66 | 93.5100 | 0.18 | -- | 0.20 |
| 2006 | 44.07 | 34.5100 | 12.18 | 29.0200 | 0.32 | -- | 0.36 |
| 2007 | 35.96 | 28.1500 | 5.28 | 11.3900 | 0.16 | -- | 0.17 |
| 2008 | 28.18 | 12.2400 | 2.79 | 6.5800 | 0.15 | -- | 0.15 |
| 2009 | 26.49 | 10.9400 | 2.08 | 10.5400 | 0.14 | -- | 0.12 |
| 2010 | 30.47 | 21.8200 | 2.39 | 15.0200 | 0.10 | -- | 0.09 |
| 2011 | 33.73 | 26.7100 | 5.24 | 21.5600 | 0.17 | -- | 0.17 |
| 2012 | 30.27 | 27.5300 | 9.52 | 22.9500 | 0.44 | -- | 0.33 |
| 2013 | 30.27 | 26.1300 | 7.48 | 18.8500 | 0.35 | -- | 0.24 |
| 2014 | 25.38 | 17.2300 | 4.66 | 7.3000 | 0.38 | -- | 0.25 |
| 2015 | 20.81 | 4.8600 | 2.03 | 2.2200 | 0.28 | -- | 0.18 |
| 2016 | 20.78 | 8.0200 | 2.21 | 6.1300 | 0.26 | -- | 0.17 |
| 2017 | 19.25 | 13.9200 | 2.71 | 6.2800 | 0.26 | -- | 0.18 |
| 2018 | 22.81 | 12.2800 | 2.83 | 1.4200 | 0.31 | -- | 0.22 |
| 2019 | 25.39 | 14.5000 | 2.95 | 4.3200 | 0.26 | -- | 0.18 |
| 2020 | 23.67 | 15.0200 | 2.60 | 7.6800 | 0.22 | -- | 0.16 |
| 2021 | 18.12 | 11.0500 | 2.41 | 9.3900 | 0.29 | -- | 0.19 |
| 2022 | 17.32 | 9.0900 | 2.48 | 7.1700 | 0.37 | -- | 0.24 |
| 2023 | 12.99 | 5.4600 | 1.82 | 8.5600 | 0.40 | -- | 0.25 |
| 2024 | 12.76 | 4.8500 | 1.39 | 4.3900 | 0.55 | -- | 0.31 |
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 |
| 2003 | 96.25 | 3.75 | 1.23 | 0.52 |
| 2004 | 93.44 | 6.56 | 1.19 | 0.57 |
| 2005 | 93.14 | 6.86 | 1.28 | 0.31 |
| 2006 | 73.44 | 26.56 | 2.22 | 0.72 |
| 2007 | 71.14 | 28.86 | 2.17 | 0.56 |
| 2008 | 75.99 | 24.01 | 1.72 | 0.35 |
| 2009 | 83.51 | 16.49 | 1.50 | 0.53 |
| 2010 | 88.47 | 11.53 | 1.33 | 0.43 |
| 2011 | 86.21 | 13.79 | 1.24 | 0.33 |
| 2012 | 74.48 | 25.52 | 1.27 | 0.50 |
| 2013 | 73.83 | 26.17 | 1.56 | 0.66 |
| 2014 | 72.59 | 27.41 | 1.57 | 0.64 |
| 2015 | 74.63 | 25.37 | 1.68 | 0.69 |
| 2016 | 76.84 | 23.16 | 1.68 | 0.68 |
| 2017 | 80.16 | 19.84 | 1.47 | 0.57 |
| 2018 | 78.51 | 21.49 | 1.66 | 0.64 |
| 2019 | 79.48 | 20.52 | 1.49 | 0.60 |
| 2020 | 79.58 | 20.42 | 1.55 | 0.57 |
| 2021 | 79.34 | 20.66 | 1.47 | 0.55 |
| 2022 | 79.18 | 20.82 | 1.52 | 0.58 |
| 2023 | 78.73 | 21.27 | 1.53 | 0.58 |
| 2024 | 77.65 | 22.35 | 1.53 | 0.65 |
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) |
| 2003 | 860372000.0000 | -- | -- | 53758000.0000 |
| 2004 | 1856846000.0000 | -- | -- | 36833000.0000 |
| 2005 | 1639634000.0000 | -- | -- | 70790000.0000 |
| 2006 | 3579946000.0000 | -- | 253857000.0000 | 64202000.0000 |
| 2007 | 3675198000.0000 | -- | 293654000.0000 | 217269000.0000 |
| 2008 | 4765728000.0000 | -- | 443565000.0000 | 401290000.0000 |
| 2009 | 6415278000.0000 | -- | 811382000.0000 | 657798000.0000 |
| 2010 | 7759927000.0000 | -- | 1116891000.0000 | 340063000.0000 |
| 2011 | 14555354000.0000 | -- | 1320020000.0000 | 415698000.0000 |
| 2012 | 24678810000.0000 | -- | 1403873000.0000 | 564115000.0000 |
| 2013 | 20215201000.0000 | -- | 1491574000.0000 | 506815000.0000 |
| 2014 | 23916319000.0000 | -- | 1835533000.0000 | 679688000.0000 |
| 2015 | 20626106000.0000 | -- | 2572730000.0000 | 885945000.0000 |
| 2016 | 22953628000.0000 | -- | 2860501000.0000 | 1037480000.0000 |
| 2017 | 33877152000.0000 | -- | 2859701000.0000 | 1476671000.0000 |
| 2018 | 46550157000.0000 | -- | 3895426000.0000 | 1551663000.0000 |
| 2019 | 45952531000.0000 | -- | 4297225000.0000 | 1570860000.0000 |
| 2020 | 50209631000.0000 | -- | 4323472000.0000 | 2228464000.0000 |
| 2021 | 82071584000.0000 | -- | 5159996000.0000 | 2298568000.0000 |
| 2022 | 105132324000.0000 | -- | 5386876000.0000 | 2728633000.0000 |
| 2023 | 114310289000.0000 | -- | 5139440000.0000 | 2916047000.0000 |
| 2024 | 138320873000.0000 | -- | 4441331000.0000 | 2578615000.0000 |