---
title: "华阳股份 (600348.SH) — 财务报表"
type: "Symbol"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/quote/600348.SH/norm.md"
symbol: "600348.SH"
name: "华阳股份"
parent: "https://longbridge.com/zh-CN/quote/600348.SH.md"
datetime: "2026-05-20T10:20:05.166Z"
locales:
  - [en](https://longbridge.com/en/quote/600348.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600348.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600348.SH/norm.md)
---

# 华阳股份 (600348.SH) — 财务报表

## 利润表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | 0.1300 | 0.1203 | 0.0907 | 0.0515 | 0.1700 |
| ROE | 5.45% | 5.69% | 4.09% | 2.21% | - |
| 营业收入 | 4.93B | 4.49B | 5.72B | 5.42B | 5.82B |
| 净利润 | 483.61M | 495.58M | 341.51M | 185.70M | 596.93M |
| 营业利润 | 956.49M | 1.05B | 826.51M | 459.44M | 1.11B |
| 毛利率 | 41.31% | 61.88% | 34.26% | 29.58% | 35.96% |
| 净利率 | 9.82% | 12.90% | 5.97% | 3.42% | 10.26% |
| 利润含金量 | -249.00% | 42.43% | 124.67% | 116.15% | -323.11% |

## 资产负债表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 资产与负债 | 85.63B | 87.40B | 83.31B | 82.20B | 81.66B |
| 权益乘数 | 2.16 | 2.14 | 2.17 | 2.16 | 2.11 |
| 每股净资产 | 9.37 | 7.53 | 7.65 | 7.56 | 7.79 |
| 资产周转率 | 0.2457 | 0.2547 | 0.2924 | 0.3084 | 0.3188 |
| 现金及短投 | 9.86B | 11.88B | 11.19B | 11.19B | 11.33B |
| 存货与应收 | 764.09M | 750.74M | 812.20M | 743.88M | 883.08M |
| 长期投资 | 50.27B | 49.93B | 47.08B | 45.97B | 45.33B |
| 净债务 | 18.13B | 14.78B | 16.98B | 15.34B | 14.43B |

## 现金流量表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 经营现金流 | -384.13M | 2.46B | 662.93M | 395.56M | -343.74M |
| 投资现金流 | -1.95B | -3.73B | -669.22M | -1.22B | -1.37B |
| 融资现金流 | 474.30M | 1.51B | 253.20M | 581.70M | 1.87B |
| 自由现金流 | -3.09B | 3.06B | -2.29B | 1.12B | - |
| 现金流充裕率 | -5.54% | 31.89% | 32.39% | 8.93% | -8.18% |
| 举债与偿债 | 5.48B | 2.56B | 2.59B | 2.96B | 5.76B |
| 资本支出 | -1.95B | -2.95B | -668.48M | -1.22B | -1.30B |

## 分红方案

**股息率**: 3.36

### 分红历史

| 描述 | 登记日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.309人民币 | 2025-07-14 | 2025-07-15 | 2025-07-15 |
| 1股派息 
0.718人民币 | 2024-07-17 | 2024-07-18 | 2024-07-18 |
| 1股派息 
0.877人民币，
送/转增 0.5 | 2023-06-15 | 2023-06-16 | 2023-06-16 |