---
title: "中國電信 (601728.SH) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/601728.SH/norm.md"
symbol: "601728.SH"
name: "中國電信"
parent: "https://longbridge.com/zh-HK/quote/601728.SH.md"
datetime: "2026-05-21T05:26:35.267Z"
locales:
  - [en](https://longbridge.com/en/quote/601728.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601728.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601728.SH/norm.md)
---

# 中國電信 (601728.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 | 0.0800 | 0.0230 | 0.0876 | 0.1500 | 0.0969 |
| ROE | 6.33% | 2.10% | 6.71% | 12.20% | 7.76% |
| 營業收入 | 131.97B | 129.65B | 122.80B | 135.97B | 135.50B |
| 凈利潤 | 7.35B | 2.41B | 7.76B | 14.15B | 8.86B |
| 營業利潤 | 8.15B | 5.04B | 6.73B | 17.80B | 10.75B |
| 毛利率 | 48.49% | 25.30% | -18.92% | 55.42% | 49.74% |
| 凈利率 | 5.57% | 1.86% | 6.32% | 10.41% | 6.54% |
| 利潤含金量 | 35.35% | 13.55% | 16.83% | 48.14% | 104.08% |

## 資產負債表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 879.08B | 870.64B | 876.05B | 887.22B | 858.46B |
| 權益乘數 | 1.85 | 1.86 | 1.88 | 1.87 | 1.84 |
| 每股凈資產 | 5.12 | 5.04 | 5.01 | 5.10 | 5.04 |
| 資產周轉率 | 0.5990 | 0.6032 | - | 0.6062 | 0.6133 |
| 現金及短投 | 112.55B | 111.57B | 108.13B | 110.57B | 89.79B |
| 存貨與應收 | 3.75B | 3.43B | 4.05B | 3.59B | 3.80B |
| 長期投資 | 520.49B | 508.99B | 504.51B | 539.41B | 539.83B |
| 凈債務 | -66.99B | -49.63B | -55.07B | -54.35B | -32.35B |

## 現金流量表 (CNY)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 23.06B | 37.21B | 40.00B | 36.98B | 10.33B |
| 投資現金流 | -31.22B | -14.45B | -22.24B | -30.34B | -30.80B |
| 融資現金流 | -7.52B | -5.90B | -26.10B | -6.46B | -8.92B |
| 自由現金流 | 16.92B | 82.90B | -66.63B | 34.48B | -6.20B |
| 現金流充裕率 | 122.81% | 71.66% | 126.02% | 131.67% | 57.25% |
| 舉債與償債 | 220.00M | 858.03M | 465.30M | 4.98B | 616.00M |
| 資本支出 | -14.69B | -28.31B | -17.61B | -13.52B | -13.71B |

## 分紅方案

**股息率**: 4.26

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.1812人民幣 | 2025-09-03 | 2025-09-04 | 2025-09-04 |
| 1股派息 
0.0927人民幣 | 2025-06-10 | 2025-06-11 | 2025-06-11 |
| 1股派息 
0.1671人民幣 | 2024-09-10 | 2024-09-11 | 2024-09-11 |