---
title: "Stem (STEM.US) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/STEM.US/norm.md"
symbol: "STEM.US"
name: "Stem"
parent: "https://longbridge.com/zh-HK/quote/STEM.US.md"
datetime: "2026-05-20T14:39:16.929Z"
locales:
  - [en](https://longbridge.com/en/quote/STEM.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/STEM.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/STEM.US/norm.md)
---

# Stem (STEM.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 | -2.22 | -1.89 | -2.84 | -1.79 | -3.05 |
| ROE | 29.36% | 26.35% | 42.32% | -256.56% | 24.51% |
| 營業收入 | 29.00M | 47.14M | 38.24M | 38.37M | 32.51M |
| 凈利潤 | -18.93M | -15.98M | -23.79M | 202.53M | -25.00M |
| 營業利潤 | -10.90M | 3.92M | -12.85M | -11.94M | -21.15M |
| 毛利率 | 37.44% | 50.16% | 35.52% | 37.00% | 32.41% |
| 凈利率 | -65.26% | -33.89% | -62.22% | 527.78% | -76.89% |
| 利潤含金量 | - | 47.65% | -112.86% | - | -247.75% |

## 資產負債表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 281.88M | 308.89M | 362.61M | 379.22M | 405.08M |
| 權益乘數 | -1.06 | -1.24 | -1.54 | -1.78 | -0.9716 |
| 每股凈資產 | -31.08 | -29.38 | -28.09 | -25.61 | -50.19 |
| 資產周轉率 | 0.4447 | 0.4188 | 0.3664 | 0.2914 | 0.1794 |
| 現金及短投 | 36.59M | 48.91M | 43.12M | 40.79M | 58.58M |
| 存貨與應收 | 5.70M | 4.59M | 5.17M | 4.60M | 8.84M |
| 長期投資 | 47.52M | 54.11M | 58.04M | 62.22M | 67.48M |
| 凈債務 | 332.34M | 319.71M | 323.80M | 329.10M | 535.00M |

## 現金流量表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -8.32M | 8.22M | 11.39M | -21.28M | 8.54M |
| 投資現金流 | -1.35M | -927000.00 | -1.00M | -1.08M | -3.59M |
| 融資現金流 | -2.81M | -1.48M | -7.76M | 4.50M | -2.82M |
| 自由現金流 | -859875.00 | 9.57M | 14.21M | -7.97M | 20.13M |
| 現金流充裕率 | -296.51% | 638.88% | 461.01% | -381.53% | 302.05% |
| 舉債與償債 | - | -5.25M | 0.0000 | 10.00M | - |
| 資本支出 | - | - | 48000.00 | -41000.00 | -7000.00 |