---
title: "白雲山 (600332.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/600332.SH/norm.md"
symbol: "600332.SH"
name: "白雲山"
parent: "https://longbridge.com/zh-HK/quote/600332.SH.md"
datetime: "2026-05-20T12:46:35.686Z"
locales:
  - [en](https://longbridge.com/en/quote/600332.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600332.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600332.SH/norm.md)
---

# 白雲山 (600332.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 | 1.10 | -0.2011 | 0.4881 | 0.4277 | 1.12 |
| ROE | 18.45% | -3.46% | 8.39% | 7.36% | 19.79% |
| 營業收入 | 23.28B | 16.05B | 19.77B | 19.36B | 22.47B |
| 凈利潤 | 1.78B | -326.94M | 793.91M | 694.83M | 1.82B |
| 營業利潤 | 2.18B | -820.04M | 1.14B | 720.14M | 2.16B |
| 毛利率 | 20.31% | 10.45% | 16.17% | 15.70% | 20.51% |
| 凈利率 | 7.66% | -2.04% | 4.02% | 3.59% | 8.10% |
| 利潤含金量 | -98.13% | -47.14% | 80.18% | 143.99% | -55.42% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 89.76B | 84.51B | 83.17B | 82.42B | 80.05B |
| 權益乘數 | 2.14 | 2.11 | 2.08 | 2.07 | 2.02 |
| 每股凈資產 | 24.33 | 23.24 | 23.32 | 23.23 | 23.20 |
| 資產周轉率 | 0.9241 | 0.9345 | 0.9548 | 0.9450 | 0.9388 |
| 現金及短投 | 12.33B | 23.80B | 18.33B | 20.87B | 18.54B |
| 存貨與應收 | 12.47B | 13.14B | 11.08B | 11.32B | 10.82B |
| 長期投資 | 8.44B | 8.36B | 8.18B | 8.12B | 7.95B |
| 凈債務 | 6.12B | -8.19B | -2.23B | -4.98B | -4.02B |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -2.22B | 1.74B | 1.43B | 500.12M | -3.90B |
| 投資現金流 | -3.41B | -586.25M | 1.30B | -3.98B | -738.65M |
| 融資現金流 | 3.02B | -517.01M | -911.95M | 892.53M | 1.03B |
| 自由現金流 | -13.40B | 6.21B | -4.54B | 1.27B | -5.11B |
| 現金流充裕率 | -51.94% | 45.55% | 40.00% | 14.50% | -113.13% |
| 舉債與償債 | 7.13B | 3.25B | 1.54B | 3.89B | 4.31B |
| 資本支出 | -224.67M | -330.65M | -412.07M | -270.71M | -226.50M |

## 分紅方案

**股息率**: 3.66

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.4人民幣 | 2025-09-11 | 2025-09-12 | 2025-09-12 |
| 1股派息 
0.4人民幣 | 2025-06-18 | 2025-06-19 | 2025-06-19 |
| 1股派息 
0.4人民幣 | 2024-10-24 | 2024-10-25 | 2024-10-25 |