---
title: "天合光能 (688599.SH) — 财务报表"
type: "Symbol"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/quote/688599.SH/norm.md"
symbol: "688599.SH"
name: "天合光能"
parent: "https://longbridge.com/zh-CN/quote/688599.SH.md"
datetime: "2026-05-21T06:09:42.366Z"
locales:
  - [en](https://longbridge.com/en/quote/688599.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688599.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688599.SH/norm.md)
---

# 天合光能 (688599.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 | -0.1200 | -1.28 | -0.6087 | -0.7292 | -0.6100 |
| ROE | -5.37% | -52.18% | -22.67% | -26.33% | -20.47% |
| 营业收入 | 16.83B | 17.00B | 18.91B | 16.72B | 14.34B |
| 净利润 | -283.07M | -2.83B | -1.28B | -1.60B | -1.32B |
| 营业利润 | -640.06M | -2.58B | -250.73M | -1.57B | -936.89M |
| 毛利率 | 6.75% | -0.08% | 7.18% | 1.40% | 6.61% |
| 净利率 | -1.68% | -16.64% | -6.78% | -9.56% | -9.21% |
| 利润含金量 | -15.64% | -63.79% | -24.79% | -58.76% | - |

## 资产负债表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 资产与负债 | 116.15B | 115.01B | 123.83B | 125.69B | 124.33B |
| 权益乘数 | 4.54 | 4.33 | 4.54 | 4.31 | 4.00 |
| 每股净资产 | 9.05 | 9.33 | 10.15 | 10.79 | 11.64 |
| 资产周转率 | 0.5778 | 0.5603 | 0.5177 | 0.5135 | 0.5946 |
| 现金及短投 | 22.52B | 22.57B | 22.39B | 22.34B | 22.04B |
| 存货与应收 | 24.25B | 25.26B | 26.54B | 26.53B | 24.44B |
| 长期投资 | 27.77B | 28.94B | 31.41B | 33.06B | 34.17B |
| 净债务 | 20.01B | 21.53B | 27.86B | 28.09B | 28.40B |

## 现金流量表 (CNY)

| 指标 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 经营现金流 | 4.09B | 4.05B | 1.01B | 2.68B | -835.97M |
| 投资现金流 | -1.57B | 210.97M | -417.88M | -1.28B | -2.23B |
| 融资现金流 | -3.36B | -3.98B | -1.33B | -1.70B | 1.96B |
| 自由现金流 | 1.37B | 6.96B | -3.26B | 2.35B | -5.68B |
| 现金流充裕率 | 45.72% | 35.95% | 15.59% | 31.76% | -12.01% |
| 举债与偿债 | 5.42B | 7.17B | 4.87B | 6.07B | 7.24B |
| 资本支出 | -1.08B | -812.23M | -475.50M | -1.15B | -2.23B |

## 分红方案

### 分红历史

| 描述 | 登记日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.62908人民币 | 2024-06-19 | 2024-06-20 | 2024-06-20 |
| 1股派息 
0.47796人民币 | 2023-06-26 | 2023-06-27 | 2023-06-27 |
| 1股派息 
0.23人民币 | 2022-06-08 | 2022-06-09 | 2022-06-09 |