华工科技:2025年度财务决算报告

            华工科技产业股份有限公司

              2025 年度财务决算报告

  2025 年度，大信会计师事务所（特殊普通合伙）对华工科技产业股份有限公司（以下简称“华工科技”或“公司”）财务报表实施了独立审计，出具了大信审字[2026]第 2-00431 号标准无保留意见审计报告，审计意见认定：公司2025 年度财务报表在所有重大方面按照企业会计准则的规定编制，公允反映了
公司 2025 年 12 月 31 日的财务状况以及 2025 年度的经营成果和现金流量。公
司 2025 年度财务决算具体情况如下：

  一、主要财务数据

                                                                    单位：亿元

            项目                2025 年度        2024 年度      同比增幅

          营业收入                143.55          117.09          22.59%

          营业利润                16.21            12.88          25.79%

          利润总额                16.18            12.97          24.77%

 归属于母公司所有者的净利润        14.71            12.21          20.48%

  基本每股收益（元/股）          1.47            1.21          21.49%

    加权平均净资产收益率          13.97%          12.65%          1.32%

          资产总计                229.19          208.24          10.06%

          负债总计                117.82          105.47          11.71%

        股东权益总计              111.37          102.78          8.36%

        资产负债率              51.41%          50.65%          0.76%

    经营活动现金流量净额          12.21            7.32          66.83%

  二、财务状况分析

  （一）资产变动情况分析

                                                                    单位：亿元

        项目              2025 年度          2024 年度          同比增幅

      货币资金              45.58              45.02              1.25%

  交易性金融资产          1.35                1.07              26.36%


      应收票据              2.31                1.75              31.72%

      应收账款              43.63              49.25            -11.41%

    应收款项融资            6.60                4.97              32.91%

      预付款项              4.48                4.99            -10.35%

    其他应收款            1.76                0.97              80.33%

        存货                35.81              26.21            36.62%

      合同资产              7.03                5.71              23.25%

    一年内到期的              -                10.37            -100.00%

    非流动资产

    其他流动资产            2.94                1.76              66.82%

    流动资产合计          151.50              152.08            -0.39%

    长期股权投资            6.45                5.21              23.80%

  其他权益工具投资          0.05                0.05              0.00%

 其他非流动金融资产        1.682              1.677              0.32%

      固定资产              28.04              22.72            23.40%

      在建工程              2.47                1.69              46.02%

    使用权资产            0.76                0.37            109.10%

      无形资产              4.87                4.08              19.38%

      开发支出              1.67                0.90              86.45%

        商誉                  -                0.005            -100.00%

    长期待摊费用            1.00                0.69              44.50%

  递延所得税资产          2.14                1.90              12.89%

  其他非流动资产          28.56              16.88            69.21%

  非流动资产合计          77.69              56.16            38.34%

      资产总计            229.19              208.24            10.06%

  1、流动资产变动分析

  年末流动资产 151.50 亿元，较 2024 年末下降 0.39%，占总资产比重66.10%，
为经营运转提供流动性支撑。其中货币资金45.58亿元，较2024年末增长1.25%，保障日常经营、研发投入及海外布局的资金需求；应收账款 43.63 亿元，较 2024年末下降 11.41%，主要系公司加强回款管理、优化客户信用政策，同时加大高
回款率订单占比，整体回款效率有所提升；存货 35.81 亿元，较 2024 年末增长36.62%，以光模块核心器件、激光装备产成品为主，备货充足匹配市场订单交付需求。

  2、非流动资产变动分析

  年末非流动资产 77.69 亿元，较 2024 年末增长 38.34%，占总资产比重
33.90%，资产投入聚焦长期发展。其中固定资产及在建工程较 2024 年末增长24.96%，主要系泰国工厂产线建设、国内核心产能升级及研发实验平台优化投入，为公司全球化布局和技术迭代筑牢硬件基础；无形资产及开发支出较 2024年末增长 31.47%，系核心技术研发资本化及专利布局成果，进一步强化公司技术壁垒。

  （二）负债变动情况分析

                                                                    单位：亿元

        项目              2025 年度          2024 年度          同比增幅

      短期借款              1.67                3.85            -56.74%

  交易性金融负债            -                0.01            -100.00%

      应付票据              24.31              20.72            17.31%

      应付账款              37.59              35.02              7.35%

      合同负债              4.89                3.60              36.12%

    应付职工薪酬            2.14                3.79            -43.46%

      应交税费              1.48                0.95              56.80%

    其他应付款            1.32                2.45            -46.20%

    一年内到期的            16.59              11.31            46.75%

    非流动负债

    其他流动负债            11.20              0.67            1561.26%

    流动负债合计          101.20              82.36            22.88%

      长期借款              11.88              19.85            -40.15%

      租赁负债              0.59                0.14            322.92%

      预计负债              0.41                0.27              52.33%

      递延收益              3.21                2.39              34.06%

  递延所得税负债          0.53                0.46              16.19%


  非流动负债合计          16.62              23.11            -28.09%

      负债总计            117.82              105.47            11.71%

  2025 年末负债总额 117.82 亿元，较 2024 年