---
title: "赤天化 (600227.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/600227.SH/norm.md"
symbol: "600227.SH"
name: "赤天化"
parent: "https://longbridge.com/zh-HK/quote/600227.SH.md"
datetime: "2026-05-19T21:46:04.100Z"
locales:
  - [en](https://longbridge.com/en/quote/600227.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600227.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600227.SH/norm.md)
---

# 赤天化 (600227.SH) — 財務報表

## 損益表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | -0.0169 | -0.0731 | -0.0613 | -0.0017 | -0.0273 |
| ROE | -5.05% | -21.17% | -16.91% | -0.47% | -7.30% |
| 營業收入 | 596.49M | 595.15M | 439.26M | 564.99M | 564.56M |
| 凈利潤 | -28.47M | -123.46M | -103.51M | -2.92M | -46.03M |
| 營業利潤 | -7.84M | -67.65M | -10.02M | 3.55M | -20.97M |
| 毛利率 | 7.59% | 0.11% | 11.25% | 10.09% | 5.88% |
| 凈利率 | -4.77% | -20.74% | -23.56% | -0.52% | -8.15% |
| 利潤含金量 | - | -75.20% | -9.00% | 4.07% | -25.01% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 4.37B | 4.44B | 4.50B | 4.63B | 4.72B |
| 權益乘數 | 1.95 | 1.96 | 1.88 | 1.85 | 1.89 |
| 每股凈資產 | 1.33 | 1.34 | 1.42 | 1.49 | 1.49 |
| 資產周轉率 | 0.4834 | 0.4664 | 0.4753 | 0.5147 | 0.5278 |
| 現金及短投 | 266.94M | 258.54M | 300.56M | 316.18M | 387.89M |
| 存貨與應收 | 238.28M | 305.68M | 253.30M | 306.83M | 236.06M |
| 長期投資 | 2.52B | 2.56B | 2.62B | 2.63B | 2.65B |
| 凈債務 | 878.72M | 891.40M | 835.04M | 818.08M | 695.20M |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -6.16M | 89.96M | 111.43M | 87.06M | 83.85M |
| 投資現金流 | -15.80M | -20.57M | -43.88M | -22.31M | -39.81M |
| 融資現金流 | -62.88M | -67.75M | 29.78M | -107.32M | -11.37M |
| 自由現金流 | -28.52M | 184.69M | -119.03M | -51.77M | 22.72M |
| 現金流充裕率 | -2.32% | 60.59% | -58.39% | 15.14% | 39.23% |
| 舉債與償債 | 197.51M | 73.45M | -164.64M | 427.82M | 192.49M |
| 資本支出 | -15.80M | -20.57M | -44.48M | -22.31M | -39.81M |