---
title: "天華新能 (300390.SZ) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/300390.SZ/norm.md"
symbol: "300390.SZ"
name: "天華新能"
parent: "https://longbridge.com/zh-HK/quote/300390.SZ.md"
datetime: "2026-05-21T18:32:45.039Z"
locales:
  - [en](https://longbridge.com/en/quote/300390.SZ/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/300390.SZ/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/300390.SZ/norm.md)
---

# 天華新能 (300390.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 | 1.17 | 0.4165 | 0.2282 | -0.1913 | 0.0700 |
| ROE | 32.71% | 13.27% | 6.98% | -5.77% | 2.06% |
| 營業收入 | 3.20B | 1.98B | 2.11B | 1.77B | 1.69B |
| 凈利潤 | 968.91M | 369.32M | 188.55M | -158.95M | 61.64M |
| 營業利潤 | 1.25B | 362.40M | 157.76M | -60.25M | 61.53M |
| 毛利率 | 46.99% | 23.44% | 19.42% | 4.94% | 6.36% |
| 凈利率 | 30.28% | 18.67% | 8.92% | -8.98% | 3.65% |
| 利潤含金量 | -684.37% | -44.61% | 53.83% | -8.37% | -13.64% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 25.77B | 23.09B | 20.02B | 19.75B | 19.79B |
| 權益乘數 | 1.53 | 1.48 | 1.36 | 1.36 | 1.30 |
| 每股凈資產 | 14.86 | 13.67 | 13.13 | 12.88 | 13.67 |
| 資產周轉率 | 0.3978 | 0.3563 | 0.3532 | 0.3356 | 0.3240 |
| 現金及短投 | 5.39B | 4.94B | 2.58B | 2.82B | 2.43B |
| 存貨與應收 | 2.69B | 2.29B | 1.41B | 1.72B | 2.07B |
| 長期投資 | 5.51B | 5.53B | 5.60B | 5.66B | 5.67B |
| 凈債務 | 1.51B | 1.20B | 1.03B | 976.02M | 796.50M |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -183.25M | -812.34M | 293.08M | 719.65M | -451.05M |
| 投資現金流 | 388.04M | -472.90M | -584.19M | -244.53M | -1.84B |
| 融資現金流 | 577.57M | 2.45B | -165.63M | -67.53M | 2.65B |
| 自由現金流 | -727.66M | -867.25M | -345.25M | 885.01M | -3.67B |
| 現金流充裕率 | -9.83% | -72.20% | 44.64% | 51.31% | -14.96% |
| 舉債與償債 | 2.32B | 3.36B | 377.37M | 1.24B | 1.62B |
| 資本支出 | -77.01M | -325.88M | -113.11M | -99.31M | -2.82B |

## 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 
0.6人民幣 | 2025-05-29 | 2025-05-30 | 2025-05-30 |
| 1股派息 
0.992597人民幣 | 2024-05-30 | 2024-05-31 | 2024-05-31 |
| 1股派息 
2人民幣，
送/转增 0.3 | 2023-05-04 | 2023-05-05 | 2023-05-05 |