---
title: "保變電氣 (600550.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/600550.SH/norm.md"
symbol: "600550.SH"
name: "保變電氣"
parent: "https://longbridge.com/zh-HK/quote/600550.SH.md"
datetime: "2026-05-20T06:40:44.781Z"
locales:
  - [en](https://longbridge.com/en/quote/600550.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600550.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600550.SH/norm.md)
---

# 保變電氣 (600550.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 | 0.0320 | 0.0280 | 0.0378 | 0.0263 | 0.0150 |
| ROE | 27.57% | 25.24% | 38.66% | 28.78% | 18.41% |
| 營業收入 | 1.64B | 1.21B | 1.51B | 1.52B | 1.48B |
| 凈利潤 | 59.56M | 51.08M | 70.57M | 47.06M | 28.31M |
| 營業利潤 | 82.02M | 27.07M | 66.63M | 66.49M | 48.22M |
| 毛利率 | 12.24% | 18.91% | 14.66% | 14.54% | 9.30% |
| 凈利率 | 3.64% | 4.24% | 4.68% | 3.10% | 1.91% |
| 利潤含金量 | -27.44% | 3.95% | 43.16% | -323.14% | -7.98% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 8.07B | 8.26B | 7.36B | 7.43B | 7.17B |
| 權益乘數 | 7.99 | 8.66 | 8.22 | 9.39 | 9.75 |
| 每股凈資產 | 0.4846 | 0.4540 | 0.4251 | 0.3679 | 0.3423 |
| 資產周轉率 | 0.7693 | 0.7237 | 0.8529 | 0.8275 | 0.8089 |
| 現金及短投 | 894.16M | 1.51B | 876.79M | 1.02B | 840.18M |
| 存貨與應收 | 2.55B | 2.67B | 2.33B | 1.95B | 1.89B |
| 長期投資 | 863.43M | 877.07M | 860.49M | 961.39M | 968.42M |
| 凈債務 | 1.29B | 864.75M | 1.46B | 1.64B | 1.72B |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -298.91M | 685.90M | 154.37M | -20.57M | -603.97M |
| 投資現金流 | -20.30M | -33.92M | 105.49M | -27.83M | -17.66M |
| 融資現金流 | -284.03M | -4.45M | -374.42M | 227.57M | 294.36M |
| 自由現金流 | -454.14M | 615.60M | -97.72M | 106.18M | -687.25M |
| 現金流充裕率 | -37.47% | 454.08% | 27.22% | -7.03% | -29.12% |
| 舉債與償債 | 493.00M | 154.60M | 118.37M | 497.56M | 2.35B |
| 資本支出 | -20.65M | -34.90M | -31.40M | -28.09M | -17.75M |