---
title: "華森制藥 (002907.SZ) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/002907.SZ/norm.md"
symbol: "002907.SZ"
name: "華森制藥"
parent: "https://longbridge.com/zh-HK/quote/002907.SZ.md"
datetime: "2026-05-21T16:11:03.330Z"
locales:
  - [en](https://longbridge.com/en/quote/002907.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002907.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002907.SZ/norm.md)
---

# 華森制藥 (002907.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 | 0.0785 | -0.0177 | 0.0443 | 0.0326 | 0.0966 |
| ROE | 7.68% | -1.74% | 4.39% | 3.21% | 9.61% |
| 營業收入 | 211.85M | 201.23M | 184.00M | 202.97M | 238.94M |
| 凈利潤 | 32.79M | -7.37M | 18.51M | 13.60M | 40.36M |
| 營業利潤 | 34.59M | -8.79M | 12.66M | 5.82M | 43.11M |
| 毛利率 | 59.93% | 54.05% | 57.10% | 58.06% | 59.22% |
| 凈利率 | 15.48% | -3.66% | 10.06% | 6.70% | 16.89% |
| 利潤含金量 | 141.33% | -23.48% | -463.21% | 102.65% | 197.22% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 2.04B | 2.03B | 2.00B | 2.02B | 1.95B |
| 權益乘數 | 1.17 | 1.19 | 1.17 | 1.18 | 1.15 |
| 每股凈資產 | 4.13 | 4.05 | 4.04 | 4.03 | 4.07 |
| 資產周轉率 | 0.4012 | 0.4194 | 0.4024 | 0.4100 | 0.4087 |
| 現金及短投 | 607.04M | 625.55M | 593.40M | 606.65M | 547.58M |
| 存貨與應收 | 130.69M | 139.03M | 124.09M | 120.78M | 127.82M |
| 長期投資 | 484.07M | 492.00M | 497.43M | 510.67M | 522.48M |
| 凈債務 | -566.12M | -621.82M | -554.56M | -606.41M | -547.34M |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 24.48M | 37.45M | -2.73M | 5.67M | 21.86M |
| 投資現金流 | -2.39M | -68.02M | 35.86M | 8.72M | -181.17M |
| 融資現金流 | -240848.00 | 1.86M | -14.66M | -26.91M | -28800.00 |
| 自由現金流 | -87.69M | 140.91M | -115.79M | 154.92M | -97.46M |
| 現金流充裕率 | 350.96% | 642.88% | -21.42% | 19.37% | 920.56% |
| 舉債與償債 | - | - | - | - | - |
| 資本支出 | -6.97M | -5.67M | -4.21M | -2.30M | -2.37M |

## 分紅方案

**股息率**: 0.68

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.035人民幣 | 2025-09-08 | 2025-09-09 | 2025-09-09 |
| 1股派息 
0.05人民幣 | 2025-05-29 | 2025-05-30 | 2025-05-30 |
| 1股派息 
0.035人民幣 | 2024-09-09 | 2024-09-10 | 2024-09-10 |