---
title: "TSM (000877.SZ) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/000877.SZ/norm.md"
symbol: "000877.SZ"
name: "TSM"
parent: "https://longbridge.com/zh-HK/quote/000877.SZ.md"
datetime: "2026-03-12T15:49:34.612Z"
locales:
  - [en](https://longbridge.com/en/quote/000877.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/000877.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/000877.SZ/norm.md)
---

> 支持的語言: [English](https://longbridge.com/en/quote/000877.SZ/norm.md) | [简体中文](https://longbridge.com/zh-CN/quote/000877.SZ/norm.md)


# TSM (000877.SZ) — 財務報表

## 損益表 (CNY)

| 指標 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0364 | 0.0804 | -0.2101 | 0.4415 | -0.0438 |
| ROE | -1.26% | 2.80% | -7.28% | - | - |
| Revenue | 18.96B | 21.03B | 14.95B | 25.54B | 21.77B |
| Net income | -258.77M | 572.01M | -1.49B | 3.15B | -334.22M |
| Operating income | 714.81M | 1.60B | -703.51M | 3.20B | 500.62M |
| Gross margin | 17.51% | 21.98% | 13.70% | 24.77% | 17.00% |
| Net margin | -1.36% | 2.72% | -9.99% | 12.33% | -1.54% |
| Profit quality | 24.43% | 39.12% | - | 35.24% | 26.82% |

## 資產負債表 (CNY)

| 指標 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 289.73B | 291.10B | 293.17B | 288.07B | 296.47B |
| Leverage | 2.94 | 2.95 | 2.99 | 2.90 | 3.07 |
| BVPS | 11.50 | 11.51 | 11.45 | 11.63 | 11.22 |
| Turnover | 0.2745 | - | 0.2883 | 0.2985 | 0.2964 |
| Cash & STI | 11.78B | 12.94B | 14.89B | 13.09B | 15.25B |
| Inv & Rec | 8.37B | 8.61B | 8.52B | 6.24B | 9.14B |
| LT assets | 136.63B | 136.70B | 137.44B | 137.29B | 139.16B |
| Net debt | 133.29B | 128.92B | 109.48B | 122.95B | 133.51B |

## 現金流量表 (CNY)

| 指標 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 2.93B | 4.10B | -2.16B | 9.08B | 1.87B |
| Investing CF | -1.33B | -953.57M | -3.03B | -1.48B | -2.24B |
| Financing CF | -2.48B | -4.77B | 6.34B | -9.42B | 1.22B |
| Free CF | -12.81B | -15.72B | 12.75B | - | - |
| OCF coverage | 41.55% | 17.33% | -20.27% | 19.29% | -48.20% |
| Repaid & issued | 8.12B | 14.82B | 17.57B | 26.39B | 3.82B |
| CapEx | -1.75B | -1.56B | -2.02B | -1.98B | -2.41B |

## 分紅方案

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.114CNY | 2024-05-28 | 2024-05-29 | 2024-05-29 |
| Cash Dividend: 
0.27CNY | 2023-06-01 | 2023-06-02 | 2023-06-02 |
| Cash Dividend: 
0.33CNY | 2022-06-07 | 2022-06-08 | 2022-06-08 |