---
title: "中國國航 (601111.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/601111.SH/norm.md"
symbol: "601111.SH"
name: "中國國航"
parent: "https://longbridge.com/zh-HK/quote/601111.SH.md"
datetime: "2026-05-19T21:46:29.038Z"
locales:
  - [en](https://longbridge.com/en/quote/601111.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601111.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601111.SH/norm.md)
---

# 中國國航 (601111.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 | 0.1000 | -0.2362 | 0.2079 | 0.0147 | -0.1200 |
| ROE | 15.85% | -32.76% | 33.04% | 2.23% | -18.55% |
| 營業收入 | 44.54B | 41.66B | 49.07B | 40.73B | 40.02B |
| 凈利潤 | 1.71B | -3.64B | 3.67B | 239.17M | -2.04B |
| 營業利潤 | 1.49B | -3.37B | 4.48B | 228.10M | -1.88B |
| 毛利率 | 7.86% | -0.81% | -9.47% | 33.40% | 0.52% |
| 凈利率 | 3.85% | -8.74% | 7.49% | 0.59% | -5.11% |
| 利潤含金量 | 16.23% | -42.27% | 23.26% | 3.52% | -22.54% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 344.27B | 343.05B | 349.36B | 347.54B | 345.16B |
| 權益乘數 | 8.45 | 8.74 | 8.25 | 9.09 | 9.00 |
| 每股凈資產 | 2.53 | 2.44 | 2.66 | 2.63 | 2.47 |
| 資產周轉率 | 0.5106 | 0.4979 | 0.4853 | 0.4847 | 0.4855 |
| 現金及短投 | 16.12B | 17.02B | 27.24B | 31.83B | 23.45B |
| 存貨與應收 | 5.22B | 4.99B | 5.26B | 4.91B | 4.40B |
| 長期投資 | 264.00B | 263.73B | 256.30B | 237.14B | 257.56B |
| 凈債務 | 200.98B | 208.58B | 195.78B | 204.34B | 209.25B |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 9.15B | 7.97B | 19.25B | 6.49B | 8.34B |
| 投資現金流 | -5.84B | -4.46B | -3.29B | -3.12B | -4.21B |
| 融資現金流 | -3.93B | -13.41B | -17.03B | 188.23M | -3.41B |
| 自由現金流 | -7.44B | 24.33B | -15.45B | 15.26B | -11.83B |
| 現金流充裕率 | 37.84% | 24.78% | 52.86% | 19.00% | 24.78% |
| 舉債與償債 | 13.21B | 9.96B | 16.87B | 28.07B | 26.12B |
| 資本支出 | -7.05B | -6.81B | -2.53B | -4.08B | -4.14B |

## 分紅方案

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.04442人民幣 | 2020-07-15 | 2020-07-16 | 2020-07-16 |
| 1股派息 
0.10328人民幣 | 2019-07-10 | 2019-07-11 | 2019-07-11 |
| 1股派息 
0.11497人民幣 | 2018-07-03 | 2018-07-04 | 2018-07-04 |