---
title: "SM能源 (SM.US) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/SM.US/norm.md"
symbol: "SM.US"
name: "SM能源"
parent: "https://longbridge.com/zh-HK/quote/SM.US.md"
datetime: "2026-05-21T16:51:53.267Z"
locales:
  - [en](https://longbridge.com/en/quote/SM.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/SM.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/SM.US/norm.md)
---

# SM能源 (SM.US) — 財務報表

## 損益表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | -1.68 | 0.9476 | 1.35 | 1.76 | 1.58 |
| ROE | -22.95% | 9.15% | 13.34% | 17.94% | 16.85% |
| 營業收入 | 1.40B | 678.22M | 778.37M | 762.74M | 808.00M |
| 凈利潤 | -335.00M | 108.98M | 155.09M | 201.66M | 182.00M |
| 營業利潤 | -66.00M | 182.32M | 246.48M | 294.91M | 277.00M |
| 毛利率 | 76.32% | 137.70% | 76.14% | 75.93% | 77.23% |
| 凈利率 | -23.96% | 16.07% | 19.92% | 26.44% | 22.52% |
| 利潤含金量 | -10.31% | 40.34% | 48.81% | 51.63% | 57.35% |

## 資產負債表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 19.14B | 9.25B | 9.09B | 8.99B | 8.79B |
| 權益乘數 | 2.79 | 1.92 | 1.93 | 1.96 | 2.00 |
| 每股凈資產 | 28.65 | 41.96 | 41.14 | 40.04 | 38.47 |
| 資產周轉率 | 0.2590 | 0.3395 | 0.3700 | 0.3837 | 0.3786 |
| 現金及短投 | 449.00M | 368.00M | 162.25M | 101.88M | 54000.00 |
| 存貨與應收 | - | - | - | - | - |
| 長期投資 | 16.43B | 8.41B | 8.26B | 8.26B | 8.16B |
| 凈債務 | 8.11B | 2.48B | 2.58B | 2.63B | 2.77B |

## 現金流量表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | 640.00M | 451.91M | 504.96M | 571.14M | 483.00M |
| 投資現金流 | -628.00M | -224.23M | -404.81M | -410.20M | -429.00M |
| 融資現金流 | 69.00M | -21.94M | -39.77M | -59.12M | -54.00M |
| 自由現金流 | 1.31B | 247.63M | -43.18M | 86.22M | 29.55M |
| 現金流充裕率 | 43.84% | 179.34% | 82.47% | 57.19% | 36.45% |
| 舉債與償債 | 1.00B | 500000.00 | 185.00M | 528.00M | 857.00M |
| 資本支出 | -555.00M | -228.76M | -404.28M | -410.20M | -414.00M |

## 分紅方案

**股息率**: 2.41

### 分紅歷史

| 描述 | 登記日 | 除息日 | 付息日 |
|-------------|-------------|---------|--------------|
| 1股派息 
0.22美元 | 2026-03-09 | 2026-03-09 | 2026-03-23 |
| 1股派息 
0.2美元 | 2025-12-26 | 2025-12-26 | 2026-01-09 |
| 1股派息 
0.2美元 | 2025-10-17 | 2025-10-17 | 2025-11-03 |