---
title: "明阳智能 (601615.SH) — 财务报表"
type: "Symbol"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/quote/601615.SH/norm.md"
symbol: "601615.SH"
name: "明阳智能"
parent: "https://longbridge.com/zh-CN/quote/601615.SH.md"
datetime: "2026-05-21T02:56:11.957Z"
locales:
  - [en](https://longbridge.com/en/quote/601615.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601615.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601615.SH/norm.md)
---

# 明阳智能 (601615.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 | 0.0100 | -0.0574 | 0.0696 | 0.1403 | 0.1300 |
| ROE | 0.37% | -1.61% | 2.37% | 4.67% | 4.58% |
| 营业收入 | 8.66B | 11.79B | 9.16B | 9.44B | 7.70B |
| 净利润 | 24.66M | -105.88M | 155.83M | 307.87M | 302.06M |
| 营业利润 | 84.24M | -155.05M | 344.36M | 286.09M | 345.61M |
| 毛利率 | 10.20% | 7.00% | 10.23% | 11.28% | 13.19% |
| 净利率 | 0.28% | -0.90% | 1.70% | 3.26% | 3.92% |
| 利润含金量 | -2.15% | - | -24.21% | -21.59% | -15.87% |

## 资产负债表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 资产与负债 | 97.74B | 96.85B | 91.33B | 90.82B | 88.32B |
| 权益乘数 | 3.56 | 3.54 | 3.33 | 3.33 | 3.19 |
| 每股净资产 | 10.70 | 14.27 | 11.79 | 11.95 | 11.43 |
| 资产周转率 | 0.4198 | 0.4149 | 0.3814 | 0.3695 | 0.3440 |
| 现金及短投 | 3.70B | 13.39B | 2.57B | 14.47B | 14.79B |
| 存货与应收 | 16.83B | 18.22B | 18.46B | 16.35B | 14.29B |
| 长期投资 | 20.24B | 20.62B | 20.13B | 19.84B | 19.47B |
| 净债务 | 17.83B | 5.50B | 15.52B | 4.57B | 4.15B |

## 现金流量表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 经营现金流 | -3.91B | -612.08M | -1.42B | -1.33B | -2.18B |
| 投资现金流 | -2.15B | 838.33M | 756.20M | -2.05B | -1.43B |
| 融资现金流 | 4.24B | 1.86B | -1.71B | 1.06B | 2.28B |
| 自由现金流 | -13.78B | 12.79B | -10.89B | 153.20M | -4.98B |
| 现金流充裕率 | -291.48% | -23.84% | -63.99% | -41.18% | -193.11% |
| 举债与偿债 | 4.90B | 5.66B | -1.61B | 3.45B | 1.93B |
| 资本支出 | -442.13M | 283.02M | -562.13M | -1.50B | -761.34M |

## 分红方案

**股息率**: 1.71

### 分红历史

| 描述 | 登记日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.2879人民币 | 2025-07-03 | 2025-07-04 | 2025-07-04 |
| 1股派息 
0.2879人民币 | 2024-07-04 | 2024-07-05 | 2024-07-05 |
| 1股派息 
0.3041人民币 | 2023-06-13 | 2023-06-14 | 2023-06-14 |