---
title: "海南發展 (002163.SZ) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/002163.SZ/norm.md"
symbol: "002163.SZ"
name: "海南發展"
parent: "https://longbridge.com/zh-HK/quote/002163.SZ.md"
datetime: "2026-05-20T04:37:19.069Z"
locales:
  - [en](https://longbridge.com/en/quote/002163.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002163.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002163.SZ/norm.md)
---

# 海南發展 (002163.SZ) — 財務報表

## 損益表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | -0.0047 | -0.1297 | -0.1802 | -0.2039 | -0.0200 |
| ROE | -2.64% | -65.93% | -78.05% | -82.80% | -5.49% |
| 營業收入 | 690.46M | 1.00B | 935.42M | 863.59M | 700.02M |
| 凈利潤 | -3.94M | -107.35M | -152.28M | -197.95M | -14.59M |
| 營業利潤 | 13.26M | -20.02M | 22.57M | -40.96M | -5.89M |
| 毛利率 | 16.27% | 15.84% | 16.96% | 6.17% | 9.16% |
| 凈利率 | -0.57% | -10.72% | -16.28% | -22.92% | -2.08% |
| 利潤含金量 | -5.60% | -7.95% | -24.80% | - | - |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 5.88B | 6.19B | 6.59B | 5.82B | 5.72B |
| 權益乘數 | 6.40 | 6.76 | 6.45 | 6.40 | 5.15 |
| 每股凈資產 | 0.7036 | 0.7081 | 0.8336 | 1.01 | 1.25 |
| 資產周轉率 | 0.6017 | 0.5672 | 0.5827 | 0.6046 | 0.6422 |
| 現金及短投 | 750.74M | 918.28M | 1.01B | 852.45M | 810.73M |
| 存貨與應收 | 245.92M | 245.69M | 217.78M | 121.84M | 119.48M |
| 長期投資 | 621.63M | 695.28M | 652.52M | 637.55M | 785.95M |
| 凈債務 | 429.53M | 160.97M | 471.54M | 67.41M | -73.83M |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -236.78M | 251.85M | -91.01M | -66.20M | -282.45M |
| 投資現金流 | -32.38M | -19.68M | 83.07M | -3.04M | -5.61M |
| 融資現金流 | 64.79M | -315.93M | 189.59M | 164.29M | -55.20M |
| 自由現金流 | -358.00M | 391.46M | -284.30M | -103.53M | -327.71M |
| 現金流充裕率 | -111.08% | 54.40% | -42.38% | -19.10% | -154.86% |
| 舉債與償債 | 267.00M | 33.85M | 405.99M | 504.57M | 124.70M |
| 資本支出 | -31.91M | -14.57M | -8.63M | -3.24M | -5.61M |