白山保险集团 WTM
$2,241.12 −$53.04 (-2.31%)
休市 · Nov 6, 8:10 pm ET · 最新盘后价 $2,248.99 +0.35%
开盘$2,250.57
昨收$2,294.16
当日区间$2,230.00 – $2,285.60
成交量28.8K
市值$5.35B
市盈率（TTM）6.0
股息率0.04%
基本面
最新报告季度：Q2, ended Jun 2026
营收$844.60M+22.5% YoY
净利润$231.20M+41.3% YoY
摊薄每股收益$80.58+68.8% YoY
自由现金流-$55.50M-131.3% YoY
经营现金流-$55.50M
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
净利率36.9%
净资产收益率21.9%
资产收益率8.6%
负债/资产比率54.6%
总负债$932.50M
自由现金流/营收13.0%
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 | $844.60M | $517.80M | $3.74B | $1.60B | $864.20M |
| 营业总收入 | $844.60M | $517.80M | $2.89B | $754.30M | $864.20M |
| 已赚保费合计 | $383.90M | $384.90M | $1.78B | $449.10M | $557.80M |
| -净承保保费 | $548.40M | $601.80M | $1.92B | $258.50M | $306.20M |
| -未到期保费净准备增减 | -$164.50M | -$216.90M | -$144.80M | $190.60M | $251.60M |
| 手续费收入及其他收入 | $174.50M | $109.70M | $510.80M | $158.80M | $156.80M |
| -手续费及佣金 | $56.60M | $43.20M | $284.50M | $90.80M | $82.30M |
| -其他收入/费用 | $117.90M | $66.50M | $226.30M | $68.00M | $74.50M |
| 净投资收益 | $70.30M | $70.70M | $206.90M | $28.90M | $58.40M |
| 投资已实现损益净额 | $209.00M | -$54.40M | $360.90M | $110.20M | $83.70M |
| 利息收入 | $6.90M | $6.90M | $29.80M | $7.30M | $7.50M |
| 总费用 | $588.60M | $543.30M | $1.56B | -$146.50M | $685.40M |
| 理赔费用 | $175.60M | $207.00M | $882.20M | $195.40M | $258.50M |
| 保单获取费用 | $105.80M | $102.20M | $420.20M | $111.80M | $111.80M |
| 手续费及佣金支出 | $23.30M | $17.20M | $94.10M | $31.80M | $27.00M |
| 销售及管理费用 | $152.30M | $144.90M | $606.60M | $196.30M | $176.80M |
| -管理费用 | $152.30M | $144.90M | $606.60M | $196.30M | $176.80M |
| 非经营性利息净收入（支出） | -$19.80M | -$19.30M | -$78.40M | -$22.10M | -$19.90M |
| -非经营性利息支出 | $19.80M | $19.30M | $78.40M | $22.10M | $19.90M |
| 特殊收益（费用） | -$31.70M | -$10.00M | $676.30M | $750.50M | -$36.10M |
| -减：重组及并购费用 | $31.70M | $10.00M | $173.00M | $98.80M | $36.10M |
| 其他营业费用 | $80.10M | $42.70M | $151.80M | $46.60M | $55.30M |
| 税前利润 | $256.00M | -$25.50M | $1.33B | $901.00M | $178.80M |
| 税费 | $24.80M | $800,000.00 | $126.90M | $87.30M | $17.10M |
| 净利润 | $231.20M | -$26.30M | $1.20B | $813.70M | $161.70M |
| 持续经营利润 | $231.20M | -$26.30M | $1.20B | $813.70M | $161.70M |
| 少数股东权益 | $31.70M | $900,000.00 | $95.40M | -$22.10M | $47.90M |
| 归属母公司净利润 | $199.50M | -$27.20M | $1.11B | $835.80M | $113.80M |
| 其他优先股股息 | $5.50M | $3.60M | $16.30M | $13.00M | $1.50M |
| 归属普通股股东净利润 | $194.00M | -$30.80M | $1.09B | $822.80M | $112.30M |
| 基本每股收益 | $80.58 | -$12.59 | $430.14 | $327.23 | $44.18 |
| 摊薄每股收益 | $80.58 | -$12.59 | $430.14 | $327.23 | $44.18 |
| 每股股息 | $0.00 | $1.00 | $1.00 | $0.00 | $0.00 |
| -减：其他特殊支出 | – | – | -$849.30M | – | – |
资产负债表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 总资产 | $13.77B | $13.17B | $12.31B | $12.31B | $12.35B |
| 现金及现金等价物 | $98.70M | $135.90M | $184.90M | $184.90M | $329.00M |
| 受限现金及现金等价物 | $28.80M | – | – | – | $8.40M |
| 投资合计 | $8.49B | $8.63B | $8.57B | $8.57B | $7.00B |
| -短期投资 | $977.00M | $1.44B | $1.79B | $1.79B | $1.09B |
| -交易性资产 | $715.10M | $852.50M | $724.10M | $724.10M | $686.50M |
| -股权投资 | $3.25B | $2.93B | $2.87B | $2.87B | $2.27B |
| -长期股权投资 | $224.50M | $166.10M | $231.20M | $231.20M | $203.20M |
| -其他投资资产 | $3.32B | $3.25B | $2.96B | $2.96B | $1.89B |
| 应收款 | $3.03B | $2.54B | $1.74B | $1.74B | $2.52B |
| -应收账款 | $2.88B | $2.49B | $1.70B | $1.70B | $2.48B |
| -其他应收款 | $148.60M | $45.90M | $45.70M | $45.70M | $42.20M |
| 应计投资收益 | $57.90M | $23.60M | $25.30M | $25.30M | $24.20M |
| 商誉及其他无形资产 | $1.18B | $1.01B | $1.02B | $1.02B | $1.05B |
| 递延保单获取成本 | $426.40M | $397.50M | $308.00M | $308.00M | $374.40M |
| 终止经营资产 | $5.30M | $4.50M | $5.00M | $5.00M | $668.20M |
| 其他资产 | $453.10M | $422.10M | $452.60M | $452.60M | $372.30M |
| 负债合计 | $7.51B | $6.99B | $6.05B | $6.05B | $6.63B |
| 保单持有人负债 | $4.82B | $4.55B | $3.86B | $3.86B | $4.25B |
| 应付款 | $756.80M | $686.60M | $367.50M | $367.50M | $472.60M |
| -应付账款 | $756.80M | $686.60M | $367.50M | $367.50M | $472.60M |
| 长期债务及融资租赁负债 | $932.50M | $834.80M | $837.00M | $837.00M | $765.80M |
| -长期债务 | $932.50M | $834.80M | $837.00M | $837.00M | $765.80M |
| 员工福利 | $56.20M | $50.80M | $102.90M | $102.90M | $76.00M |
| 一年以上递延负债 | $35.60M | – | – | – | – |
| 其他负债 | $917.60M | $870.10M | $885.80M | $885.80M | $1.07B |
| 股东权益合计 | $6.25B | $6.18B | $6.26B | $6.26B | $5.72B |
| 股东权益 | $5.39B | $5.37B | $5.43B | $5.43B | $4.77B |
| 股本 | $566.00M | $581.30M | $579.00M | $579.00M | $584.60M |
| -普通股 | $566.00M | $581.30M | $579.00M | $579.00M | $584.60M |
| 留存收益 | $4.82B | $4.79B | $4.85B | $4.85B | $4.18B |
| 不影响留存收益的损益 | $1.30M | $1.40M | $800,000.00 | $800,000.00 | $0.00 |
| 少数股东权益 | $863.70M | $802.50M | $829.70M | $829.70M | $949.50M |
| -固定期限投资 | – | – | – | – | $857.90M |
现金流量表
| 项目 | 2026 Q2 | 2026 Q1 | 2025 ANNUAL | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| 经营活动现金流 | -$55.50M | $30.50M | $550.50M | $53.90M | $359.30M |
| 持续经营经营活动现金流净额 | -$55.50M | $30.50M | $550.50M | $53.90M | $359.30M |
| 持续经营净利润 | $231.20M | -$26.30M | $1.20B | $813.70M | $161.70M |
| 持续经营损益 | -$209.00M | $52.00M | -$1.21B | -$959.60M | -$83.90M |
| 递延税款 | $6.20M | $4.20M | $92.10M | $86.90M | $8.00M |
| 其他非现金项目 | -$3.60M | -$15.40M | -$500,000.00 | $44.60M | -$600,000.00 |
| 营运资金变动 | -$88.00M | $14.00M | $421.90M | $18.40M | $272.00M |
| -应收款变动 | -$406.40M | -$798.80M | -$338.50M | $393.80M | $393.60M |
| -赔款及理赔费用准备变动 | $39.60M | $103.20M | $367.70M | $4.00M | $191.70M |
| -递延获取成本变动 | -$28.90M | -$89.50M | -$56.20M | $66.40M | $60.80M |
| -应付账款及应计费用变动 | $78.40M | $267.00M | $186.60M | -$83.40M | -$11.10M |
| -未到期保费变动 | $249.00M | $589.20M | $172.70M | -$387.60M | -$425.80M |
| -Change in Other Working Capital | -$19.70M | -$57.10M | $89.60M | $25.20M | $62.80M |
| 投资活动现金流净额 | $143.40M | -$29.80M | -$666.90M | -$215.00M | -$295.40M |
| 持续经营投资活动现金流净额 | $143.40M | -$29.80M | -$666.90M | -$215.00M | -$295.40M |
| 业务购买及出售净额 | -$181.30M | $6.00M | $421.20M | $757.80M | -$265.90M |
| 投资购置及出售净额 | $337.80M | -$28.40M | -$1.21B | -$965.30M | -$119.40M |
| 其他投资变动净额 | -$15.10M | -$13.70M | -$100,000.00 | -$15.00M | $14.80M |
| 筹资活动现金流 | -$97.10M | -$49.30M | $35.60M | -$127.50M | $72.50M |
| 持续经营筹资活动现金流净额 | -$97.10M | -$49.30M | $35.60M | -$127.50M | $72.50M |
| Net Issuance Payments of Debt | $97.90M | -$2.30M | $277.20M | $70.40M | $77.60M |
| 普通股发行净额 | -$190.90M | -$25.90M | -$202.60M | -$192.70M | $0.00 |
| 已付现金股利 | $0.00 | -$2.40M | -$2.60M | $0.00 | $0.00 |
| 其他筹资费用净额 | -$4.10M | -$18.70M | -$36.40M | -$5.20M | -$5.10M |
| 期末现金余额 | $127.80M | $137.00M | $185.60M | $185.60M | $474.20M |
| 现金净变动 | -$9.20M | -$48.60M | -$80.80M | -$288.60M | $136.40M |
| 期初现金余额 | $137.00M | $185.60M | $266.40M | $474.20M | $337.80M |
| 自由现金流 | -$55.50M | $30.50M | $550.50M | $53.90M | $359.30M |
暂无评论——快来第一个聊聊 WTM。
登录后参与讨论。