安纳达:2025年度财务决算报告

                安徽安纳达钛业股份有限公司

                  2025 年度财务决算报告

  一、2025 年度财务报表审计情况

  2025 年度财务报表经容诚会计师事务所（特殊普通合伙）审计，出具了标准无保留意见的审计报告（容诚审字[2026]230Z0410 号），容诚会计师事务所审计报告认为：公司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 日的合并及母公司财务状况以及 2025 年度的合并
及母公司经营成果和现金流量。

  二、主要经营情况和相关会计数据

  （一）主要经营情况

  报告期，公司主营业务钛白粉及磷酸铁业务依旧处于高度竞争市场环境之下。面对外部竞争环境，公司优化销售结构，拓宽物资采购渠道，细化考核方案，提升产品市场竞争力，增加产品销售获利能力，降低物资采购成本，保证了公司经营层面的稳定发展，全年实现了钛白粉、磷酸铁产品的产销平衡。

  报告期，公司营业收入总额为 16.91 亿元，较上年同期 18.89 亿元下降
10.39%，归属于上市公司股东的净利润为 -9,258.33 万元，较上年同期下降922.51%。本期净资产收益率-8.31%，同比下降了 9.27 个百分点，公司基本每股收益-0.4306 元，同比下降 923.33%。

  报告期内，公司主营业务收入来自钛白粉和磷酸铁的销售，其中：2025 年
累计生产钛白粉 9.52 万吨（其中金红石 9.41 万吨，锐钛 0.11 万吨），完成年
度计划的 95.16%；生产磷酸铁 5.08 万吨，完成年度计划的 50.76%；销售钛白粉
9.52 万吨（其中金红石 9.41 万吨，锐钛 0.11 万吨），完成年度计划的 95.16%；
销售磷酸铁 4.99 万吨，完成年度计划的 49.88%；实现营业收入 16.91 亿元（其
中纳源公司 4.8 亿元），回笼资金 20.21 亿元（其中纳源公司 6.17 亿元）。

  （二）相关会计数据

                                                              单位：人民币万元

          项目              2025 年      2024 年        本年比上年增减


营业收入                    169,071.66    188,670.01          -10.39%

归属于上市公司股东的净利    -9,258.33      1,125.62          -922.51%

润

归属于上市公司股东的扣除    -8,052.66      1,789.18          -554.34%

非经常性损益的净利润

经营活动产生的现金流量净    -9,657.23      -9,108.89            -6.02%

额

基本每股收益（元/股）        -0.4306        0.0523            -923.33%

稀释每股收益（元/股）        -0.4306        0.0523            -923.33%

加权平均净资产收益率          -8.31%        0.96%              -9.27%

                            2025 年末    2024 年末      本年末比上年末增减

总资产                      206,314.44    209,698.82          -1.61%

归属于上市公司股东的净资    108,145.51    117,353.00          -7.85%

产

  三、财务状况、经营成果和现金流量情况分析

  （一）资产负债和所有者权益情况              单位：人民币万元

  项目    2025 年 12 月 31 日  2024 年 12 月 31 日  增减幅度（%） 变动原因说
                                                                        明

                                                                    主要系本期
                                                                    净 利 润 为
 货币资金      36,761.52          45,563.60          -19.32    负，经营活
                                                                    动产生现金
                                                                    流量净额为
                                                                    负影响所致

                                                                    主要系期末
 应收票据      11,201.84          14,294.43          -21.63    非 9+6 银行
                                                                    承兑汇票减
                                                                    少影响所致

                                                                    主要系本期
 应收账款      21,709.86          26,207.45          -17.16    销售货款回
                                                                    笼增加影响
                                                                    所致

                                                                    主要系期末
 应收款项融      7,397.71            6,226.18          18.82      9+6 银行承
    资                                                              兑汇票增加
                                                                    影响所致

                                                                    主要系本期
 预付款项        1,536.11            3,219.35          -52.29    末预付材料
                                                                    款减少影响
                                                                    所致


                                                                    主要系本期
  存货          19,527.16          23,787.00          -17.91    原材料库存
                                                                    减少影响所
                                                                    致

                                                                    主要系本期
 其他流动资      1,765.99            850.37          107.67    增值税留底
    产                                                              税额退税影
                                                                    响所致

 固定资产      79,057.31          81,763.96          -3.31

                                                                    主要系本期
 在建工程      17,311.20            1534.86          1027.87    期末在建工
                                                                    程项目增加
                                                                    影响所致。

 递延所得税      1,736.29            1,883.55          -7.82

  资产

                                                                    主要系本期
 其他非流动      4,744.45            573.12          727.83    末预付项目
  资产                                                            款增加影响
                                                                    所致

 资产合计      206,314.44          209,698.82          -1.61

                                                                    主要系本期
 短期借款        1,525.04            8,160.44          -81.31    末银行借款
                                                                    减少影响所