---
title: "興馬 (AYV.SG) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/AYV.SG/norm.md"
symbol: "AYV.SG"
name: "興馬"
parent: "https://longbridge.com/zh-HK/quote/AYV.SG.md"
datetime: "2026-05-20T19:35:16.803Z"
locales:
  - [en](https://longbridge.com/en/quote/AYV.SG/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/AYV.SG/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/AYV.SG/norm.md)
---

# 興馬 (AYV.SG) — 財務報表

## 損益表 (SGD)

| 指標 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | -0.0077 | -0.0077 | -0.0085 | -0.0085 | -0.0019 |
| ROE | -241.70% | -150.66% | -119.47% | -91.99% | -0.42% |
| 營業收入 | 2.15M | 2.15M | 1.82M | 1.82M | 2.69M |
| 凈利潤 | -327500.00 | -327500.00 | -357500.00 | -357500.00 | -84000.00 |
| 營業利潤 | -371500.00 | -371500.00 | -378000.00 | -378000.00 | -168500.00 |
| 毛利率 | 41.26% | 41.26% | 39.28% | 39.28% | 35.21% |
| 凈利率 | -15.23% | -15.23% | -19.68% | -19.68% | -3.12% |
| 利潤含金量 | - | - | -113.68% | -113.68% | -5.17% |

## 資產負債表 (SGD)

| 指標 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 6.75M | 6.75M | 7.05M | 7.05M | 8.83M |
| 權益乘數 | 6.18 | 6.18 | 3.97 | 3.97 | 3.34 |
| 每股凈資產 | 0.0128 | 0.0128 | 0.0282 | 0.0282 | 0.0451 |
| 資產周轉率 | 1.02 | 1.09 | 0.7700 | 0.7896 | 0.4533 |
| 現金及短投 | 1.61M | 1.61M | 2.15M | 2.15M | 1.98M |
| 存貨與應收 | 2.28M | 2.28M | 1.15M | 1.15M | 1.19M |
| 長期投資 | 583000.00 | 583000.00 | 623000.00 | 623000.00 | 714000.00 |
| 凈債務 | -936000.00 | -936000.00 | -1.36M | -1.36M | -826000.00 |

## 現金流量表 (SGD)

| 指標 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -147000.00 | -147000.00 | 332500.00 | 332500.00 | 3.26M |
| 投資現金流 | -45000.00 | -45000.00 | -16000.00 | -16000.00 | -1.78M |
| 融資現金流 | 46000.00 | 46000.00 | -114500.00 | -114500.00 | -2.10M |
| 自由現金流 | -215688.00 | 4312.00 | -190750.00 | 1.12M | -48313.00 |
| 現金流充裕率 | -26.87% | -26.87% | 41.51% | 41.51% | 124.05% |
| 舉債與償債 | 568500.00 | 568500.00 | 696000.00 | 696000.00 | 569500.00 |
| 資本支出 | -45000.00 | -45000.00 | -16000.00 | -16000.00 | -4500.00 |