开盘$70.13
昨收$70.47
当日区间$69.60 – $71.21
成交量3.51M
市值$33.30B
市盈率（TTM）13.7
股息率2.96%
基本面
最新报告季度：Q2, ended Jun 2026
营收$22.68B+7.2% YoY
营业利润$909.00M+98.0% YoY
净利润$912.00M+320.3% YoY
摊薄每股收益$1.87+315.6% YoY
自由现金流$877.00M-78.0% YoY
经营现金流$1.15B
营收，近8个季度
净利润，近8个季度
各季度摊薄每股收益
各季度自由现金流
年度营收
盈利能力与资产负债表
毛利率6.9%
营业利润率2.3%
净利率2.2%
净资产收益率7.7%
资产收益率3.4%
投入资本回报率6.1%
流动比率1.39
负债/资产比率55.4%
现金及投资$1.09B
总负债$9.04B
净现金（净负债）-$7.94B
自由现金流/营收2.0%
营收构成
2026/Q2 季度
按业务线
利润表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 报告营业总收入 | $22.68B | $20.49B | $80.27B | $18.56B | $20.37B |
| 营业总收入 | $22.68B | $20.49B | $80.27B | $18.56B | $20.37B |
| 营业成本 | $20.75B | $19.27B | $75.24B | $17.34B | $19.10B |
| 毛利润 | $1.94B | $1.22B | $5.03B | $1.21B | $1.27B |
| 营业费用 | $1.03B | $961.00M | $3.61B | $893.00M | $873.00M |
| 销售及管理费用 | $1.03B | $961.00M | $3.61B | $893.00M | $873.00M |
| 营业利润 | $909.00M | $261.00M | $1.42B | $320.00M | $397.00M |
| 非经营性利息净收入（支出） | -$32.00M | -$24.00M | -$494.00M | -$213.00M | -$32.00M |
| 非经营性利息收入 | $116.00M | $125.00M | $118.00M | -$71.00M | $121.00M |
| 非经营性利息支出 | $148.00M | $149.00M | $612.00M | $142.00M | $153.00M |
| 其他收入（支出） | $211.00M | $147.00M | $325.00M | $369.00M | -$218.00M |
| 权益法投资收益 | $142.00M | $89.00M | $648.00M | $411.00M | -$41.00M |
| 特殊收益（费用） | $14.00M | $30.00M | -$396.00M | -$49.00M | -$199.00M |
| -减：重组及并购费用 | $10.00M | $12.00M | $283.00M | $46.00M | $73.00M |
| -减：资本性资产减值 | $3.00M | – | $190.00M | $6.00M | $173.00M |
| -固定资产出售收益 | $27.00M | $42.00M | $77.00M | $3.00M | $47.00M |
| 其他非经营性收入（支出） | $55.00M | $28.00M | $73.00M | $7.00M | $22.00M |
| 税前利润 | $1.09B | $384.00M | $1.26B | $476.00M | $147.00M |
| 税费 | $176.00M | $81.00M | $182.00M | $22.00M | $37.00M |
| 净利润 | $912.00M | $303.00M | $1.07B | $454.00M | $110.00M |
| 持续经营利润 | $912.00M | $303.00M | $1.07B | $454.00M | $110.00M |
| 少数股东权益 | $4.00M | $5.00M | -$5.00M | -$2.00M | $2.00M |
| 归属母公司净利润 | $908.00M | $298.00M | $1.08B | $456.00M | $108.00M |
| 归属普通股股东净利润 | $908.00M | $298.00M | $1.08B | $456.00M | $108.00M |
| 基本每股收益 | $1.87 | $0.62 | $2.23 | $0.95 | $0.22 |
| 摊薄每股收益 | $1.87 | $0.62 | $2.23 | $0.94 | $0.22 |
| 每股股息 | $0.52 | $0.52 | $2.04 | $0.51 | $0.51 |
资产负债表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 总资产 | $53.53B | $55.60B | $52.39B | $52.39B | $51.92B |
| 流动资产合计 | $27.80B | $29.99B | $26.67B | $26.67B | $26.43B |
| 现金及现金等价物与短期投资 | $1.09B | $624.00M | $1.05B | $1.05B | $1.24B |
| -现金及现金等价物 | $1.06B | $591.00M | $1.02B | $1.02B | $1.24B |
| -短期投资 | $33.00M | $33.00M | $32.00M | $32.00M | $0.00 |
| 应收款 | $5.09B | $5.68B | $4.81B | $4.81B | $6.09B |
| -应收账款 | $4.11B | $4.54B | $3.59B | $3.59B | $4.96B |
| -应收税款 | $479.00M | $489.00M | $583.00M | $583.00M | $521.00M |
| -其他应收款 | $504.00M | $653.00M | $630.00M | $630.00M | $607.00M |
| 预付资产 | $340.00M | $331.00M | $263.00M | $263.00M | $284.00M |
| 存货 | $10.59B | $11.74B | $10.37B | $10.37B | $8.70B |
| 受限现金 | $9.13B | $10.26B | $9.01B | $9.01B | $8.93B |
| 其他流动资产 | $348.00M | $164.00M | $225.00M | $225.00M | $83.00M |
| 非流动资产合计 | $25.73B | $25.60B | $25.72B | $25.72B | $25.49B |
| 固定资产净值 | $12.28B | $12.27B | $12.50B | $12.50B | $12.42B |
| -固定资产原值 | $31.40B | $31.28B | $31.52B | $31.52B | $31.25B |
| -累计折旧 | -$19.12B | -$19.00B | -$19.02B | -$19.02B | -$18.84B |
| 投资及预付款 | $5.90B | $5.80B | $5.56B | $5.56B | $5.21B |
| -长期股权投资 | $5.90B | $5.80B | $5.56B | $5.56B | $5.21B |
| 商誉及其他无形资产 | $6.50B | $6.56B | $6.75B | $6.75B | $6.81B |
| -商誉 | $4.65B | $4.65B | $4.77B | $4.77B | $4.76B |
| -其他无形资产 | $1.85B | $1.91B | $1.98B | $1.98B | $2.04B |
| 其他非流动资产 | $1.05B | $970.00M | $918.00M | $918.00M | $1.06B |
| 负债合计 | $29.66B | $32.50B | $29.36B | $29.36B | $29.17B |
| 流动负债合计 | $20.01B | $22.88B | $19.53B | $19.53B | $19.27B |
| 应付款 | $5.40B | $5.79B | $5.46B | $5.46B | $5.26B |
| -应付账款 | $4.99B | $5.46B | $5.20B | $5.20B | $4.99B |
| -应付税款合计 | $413.00M | $335.00M | $264.00M | $264.00M | $268.00M |
| 一年内应计费用 | $1.71B | $1.51B | $1.35B | $1.35B | $1.28B |
| 短期债务及融资租赁负债 | $1.87B | $3.17B | $2.11B | $2.11B | $1.56B |
| -一年内到期债务 | $1.56B | $2.87B | $1.80B | $1.80B | $1.25B |
| -一年内到期融资租赁负债 | $305.00M | $300.00M | $303.00M | $303.00M | $312.00M |
| 一年内递延负债 | $9.49B | $10.73B | $9.44B | $9.44B | $9.96B |
| 其他流动负债 | $1.13B | $1.37B | $757.00M | $757.00M | $802.00M |
| 非流动负债合计 | $9.64B | $9.62B | $9.83B | $9.83B | $9.90B |
| 长期债务及融资租赁负债 | $7.48B | $7.49B | $7.65B | $7.65B | $7.65B |
| -长期债务 | $6.45B | $6.46B | $6.61B | $6.61B | $6.61B |
| -长期融资租赁负债 | $1.03B | $1.03B | $1.05B | $1.05B | $1.04B |
| 一年以上递延负债 | $1.10B | $1.06B | $1.14B | $1.14B | $1.14B |
| 其他非流动负债 | $1.06B | $1.07B | $1.04B | $1.04B | $1.11B |
| 股东权益合计 | $23.87B | $23.10B | $23.03B | $23.03B | $22.75B |
| 股东权益 | $23.57B | $22.80B | $22.73B | $22.73B | $22.49B |
| 股本 | $3.37B | $3.30B | $3.28B | $3.28B | $3.29B |
| -普通股 | $3.37B | $3.30B | $3.28B | $3.28B | $3.29B |
| 留存收益 | $22.67B | $22.02B | $21.98B | $21.98B | $21.81B |
| 不影响留存收益的损益 | -$2.47B | -$2.51B | -$2.53B | -$2.53B | -$2.61B |
| 少数股东权益 | $299.00M | $299.00M | $294.00M | $294.00M | $258.00M |
现金流量表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 经营活动现金流 | $1.15B | $150.00M | $5.45B | -$313.00M | $1.81B |
| 持续经营经营活动现金流净额 | $1.15B | $150.00M | $5.45B | -$313.00M | $1.81B |
| 持续经营净利润 | $912.00M | $303.00M | $1.07B | $454.00M | $110.00M |
| 持续经营损益 | -$26.00M | -$67.00M | $61.00M | -$167.00M | $96.00M |
| 折旧、折耗与摊销 | $293.00M | $293.00M | $1.18B | $307.00M | $296.00M |
| 递延税款 | $0.00 | -$112.00M | -$45.00M | $9.00M | $5.00M |
| 其他非现金项目 | $59.00M | -$39.00M | -$25.00M | -$15.00M | $94.00M |
| 营运资金变动 | -$168.00M | -$292.00M | $2.76B | -$915.00M | $955.00M |
| -应收款变动 | $347.00M | -$726.00M | $855.00M | $624.00M | $34.00M |
| -存货变动 | $1.15B | -$1.45B | $1.51B | -$1.65B | $1.01B |
| -应付账款及应计费用变动 | -$1.55B | $2.50B | -$232.00M | -$591.00M | $1.21B |
| -其他流动资产变动 | $3.00M | -$552.00M | $672.00M | $862.00M | -$149.00M |
| -其他营运资金变动 | -$113.00M | -$64.00M | -$43.00M | -$156.00M | -$1.15B |
| 投资活动现金流净额 | -$245.00M | -$128.00M | -$1.02B | -$373.00M | -$253.00M |
| 持续经营投资活动现金流净额 | -$245.00M | -$128.00M | -$1.02B | -$373.00M | -$253.00M |
| 资本支出 | -$272.00M | -$194.00M | -$1.25B | -$356.00M | -$296.00M |
| 业务购买及出售净额 | $0.00 | $0.00 | -$108.00M | $0.00 | -$13.00M |
| 投资购置及出售净额 | $2.00M | $4.00M | $234.00M | -$31.00M | $9.00M |
| 其他投资变动净额 | $25.00M | $62.00M | $105.00M | $14.00M | $47.00M |
| 筹资活动现金流 | -$1.57B | $612.00M | -$2.89B | $310.00M | -$1.62B |
| 持续经营筹资活动现金流净额 | -$1.57B | $612.00M | -$2.89B | $310.00M | -$1.62B |
| 债务发行及偿还净额 | -$1.31B | $919.00M | -$1.88B | $554.00M | -$1.37B |
| 已付现金股利 | -$256.00M | -$254.00M | -$987.00M | -$244.00M | -$248.00M |
| 其他筹资费用净额 | $2.00M | -$53.00M | -$25.00M | $0.00 | $2.00M |
| 期末现金余额 | $5.46B | $6.11B | $5.51B | $5.51B | $5.88B |
| 现金净变动 | -$663.00M | $634.00M | $1.55B | -$376.00M | -$62.00M |
| 期初现金余额 | $6.11B | $5.51B | $3.92B | $5.88B | $5.94B |
| 汇率变动影响 | $8.00M | -$27.00M | $33.00M | $6.00M | -$7.00M |
| 自由现金流 | $877.00M | -$44.00M | $4.20B | -$669.00M | $1.51B |
| 普通股发行净额 | – | – | $0.00 | $0.00 | – |
暂无评论——快来第一个聊聊 ADM。
登录后参与讨论。