---
title: "青松建化 (600425.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/600425.SH/norm.md"
symbol: "600425.SH"
name: "青松建化"
parent: "https://longbridge.com/zh-HK/quote/600425.SH.md"
datetime: "2026-05-20T05:38:14.680Z"
locales:
  - [en](https://longbridge.com/en/quote/600425.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600425.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600425.SH/norm.md)
---

# 青松建化 (600425.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 | -0.0170 | -0.0217 | 0.1281 | 0.1006 | -0.0350 |
| ROE | -1.66% | -2.26% | 12.64% | 10.45% | -3.49% |
| 營業收入 | 441.53M | 824.14M | 1.29B | 1.33B | 437.74M |
| 凈利潤 | -26.75M | -36.68M | 203.25M | 165.34M | -55.53M |
| 營業利潤 | -10.51M | -108.46M | 326.96M | 153.40M | -26.96M |
| 毛利率 | 13.01% | 12.39% | 33.14% | 20.30% | 6.95% |
| 凈利率 | -6.06% | -4.45% | 15.77% | 12.41% | -12.69% |
| 利潤含金量 | -14.65% | -72.24% | 185.71% | 85.26% | - |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 9.17B | 9.28B | 9.66B | 9.47B | 9.38B |
| 權益乘數 | 1.36 | 1.37 | 1.41 | 1.43 | 1.42 |
| 每股凈資產 | 4.10 | 4.03 | 4.07 | 3.95 | 3.94 |
| 資產周轉率 | 0.4192 | 0.4126 | 0.4060 | 0.4258 | 0.4491 |
| 現金及短投 | 1.18B | 1.15B | 1.29B | 1.28B | 1.20B |
| 存貨與應收 | 770.55M | 688.69M | 712.93M | 716.85M | 854.06M |
| 長期投資 | 4.99B | 5.03B | 4.93B | 4.93B | 4.88B |
| 凈債務 | -388.82M | 201.86M | 189.89M | 428.71M | 402.42M |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 71.77M | 150.14M | 176.06M | 179.93M | -21.96M |
| 投資現金流 | -13.91M | -2.86M | -21.91M | -24.70M | -64.55M |
| 融資現金流 | -23.94M | -290.56M | -142.73M | -69.95M | 14.61M |
| 自由現金流 | 474.70M | 439.40M | 22.50M | 160.05M | -144.06M |
| 現金流充裕率 | 175.98% | 38.23% | 45.15% | 40.91% | -8.79% |
| 舉債與償債 | - | 154.49M | 104.28M | 329.28M | 200.00M |
| 資本支出 | -16.85M | -48.48M | -51.91M | -40.53M | -64.55M |

## 分紅方案

**股息率**: 2.56

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.1人民幣 | 2025-05-27 | 2025-05-28 | 2025-05-28 |
| 1股派息 
0.1人民幣 | 2024-05-16 | 2024-05-17 | 2024-05-17 |
| 1股派息 
0.1人民幣 | 2023-06-20 | 2023-06-21 | 2023-06-21 |