---
title: "小马智行 (PONY.US) — 财务报表"
type: "Symbol"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/quote/PONY.US/norm.md"
symbol: "PONY.US"
name: "小马智行"
parent: "https://longbridge.com/zh-CN/quote/PONY.US.md"
datetime: "2026-05-20T17:35:47.723Z"
locales:
  - [en](https://longbridge.com/en/quote/PONY.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/PONY.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/PONY.US/norm.md)
---

# 小马智行 (PONY.US) — 财务报表

## 利润表 (USD)

| 指标 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | 0.0555 | -0.1591 | -0.1447 | -0.1222 | -0.9921 |
| ROE | 7.64% | -29.65% | -24.23% | -18.58% | - |
| 营业收入 | 29.13M | 25.44M | 21.45M | 13.98M | 35.52M |
| 净利润 | 23.43M | -61.31M | -53.10M | -42.99M | -180.91M |
| 营业利润 | -73.87M | -56.97M | -61.27M | -56.04M | -173.10M |
| 毛利率 | 12.75% | 18.35% | 16.14% | 16.57% | 20.99% |
| 净利率 | 80.45% | -241.00% | -247.49% | -307.52% | -509.39% |
| 利润含金量 | - | - | - | - | - |

## 资产负债表 (USD)

| 指标 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 资产与负债 | 1.81B | 900.67M | 991.05M | 972.34M | 1.05B |
| 权益乘数 | 1.06 | 1.11 | 1.15 | 1.06 | 1.08 |
| 每股净资产 | 3.81 | 2.08 | 2.21 | 2.56 | 2.72 |
| 资产周转率 | 0.0629 | - | 0.1018 | - | 0.0835 |
| 现金及短投 | 1.17B | 444.66M | 608.03M | 629.95M | 745.01M |
| 存货与应收 | - | - | - | - | - |
| 长期投资 | 75.28M | 61.74M | 45.78M | 32.01M | 30.58M |
| 净债务 | -1.15B | -429.53M | -589.90M | -617.85M | -730.05M |

## 现金流量表 (USD)

| 指标 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 经营现金流 | -28.59M | -56.80M | -25.41M | -54.16M | -31.00M |
| 投资现金流 | -601.70M | -127.05M | -67.14M | -93.27M | -78.11M |
| 融资现金流 | 825.68M | -34.45M | 33.09M | -9.49M | 408.24M |
| 自由现金流 | -50.05M | -68.04M | 16.27M | -48.60M | - |
| 现金流充裕率 | -63.75% | - | -166.87% | - | -249.73% |
| 举债与偿债 | - | - | - | - | - |
| 资本支出 | -43.88M | - | -14.46M | - | -11.40M |