---
title: "山煤国际 (600546.SH) — 财务报表"
type: "Symbol"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/quote/600546.SH/norm.md"
symbol: "600546.SH"
name: "山煤国际"
parent: "https://longbridge.com/zh-CN/quote/600546.SH.md"
datetime: "2026-05-20T22:24:44.967Z"
locales:
  - [en](https://longbridge.com/en/quote/600546.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600546.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600546.SH/norm.md)
---

# 山煤国际 (600546.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 | 0.2200 | 0.0605 | 0.2004 | 0.1992 | 0.1300 |
| ROE | 10.43% | 2.95% | 9.69% | 9.76% | 6.12% |
| 营业收入 | 4.97B | 5.14B | 5.67B | 5.16B | 3.82B |
| 净利润 | 428.54M | 120.13M | 391.33M | 400.04M | 254.94M |
| 营业利润 | 1.09B | 651.43M | 1.30B | 750.56M | 734.97M |
| 毛利率 | 38.84% | 37.79% | 40.32% | 29.91% | 39.04% |
| 净利率 | 8.63% | 2.34% | 6.90% | 7.76% | 6.67% |
| 利润含金量 | 95.47% | 57.33% | 48.22% | 112.33% | -64.61% |

## 资产负债表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 资产与负债 | 39.78B | 39.42B | 40.68B | 41.20B | 41.83B |
| 权益乘数 | 1.99 | 2.05 | 1.99 | 2.08 | 2.03 |
| 每股净资产 | 8.43 | 8.15 | 8.26 | 8.04 | 8.49 |
| 资产周转率 | 0.5298 | 0.5131 | 0.5285 | 0.5763 | 0.6337 |
| 现金及短投 | 6.60B | 6.06B | 5.98B | 6.38B | 6.74B |
| 存货与应收 | 697.76M | 861.70M | 1.04B | 1.31B | 1.16B |
| 长期投资 | 21.35B | 21.45B | 21.73B | 21.77B | 21.83B |
| 净债务 | -55.84M | 342.98M | 440.40M | 2.85B | 1.48B |

## 现金流量表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 经营现金流 | 1.14B | 1.14B | 2.69B | 668.20M | -1.14B |
| 投资现金流 | -389.87M | -398.41M | -195.89M | -222.39M | -392.47M |
| 融资现金流 | -186.38M | -648.56M | -2.90B | -765.57M | 1.78B |
| 自由现金流 | -398.75M | 3.20B | 1.43B | 250.33M | -2.30B |
| 现金流充裕率 | 168.44% | 200.19% | 88.92% | 41.26% | -75.26% |
| 举债与偿债 | 109.83M | 46.92M | 0.0000 | 1.06B | 2.90B |
| 资本支出 | -389.88M | -407.17M | -196.09M | -222.70M | -392.53M |

## 分红方案

**股息率**: 5.08

### 分红历史

| 描述 | 登记日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.69人民币 | 2025-06-03 | 2025-06-04 | 2025-06-04 |
| 1股派息 
0.65人民币 | 2024-05-14 | 2024-05-15 | 2024-05-15 |
| 1股派息 
1.8人民币 | 2023-05-04 | 2023-05-05 | 2023-05-05 |