Annual Report 2025

舜宇光學科技（集團）有限公司 • 2025 年報 285 FOR THE YEAR ENDED 31 DECEMBER 2025 截至二零二五年十二月三十一日止年度 Notes to the Consolidated Financial Statements 綜合財務報表附註 36. 資本風險管理 本集團管理其資本，以確保本集團轄下實 體能夠持續經營，同時通過優化債務及權 益結構，實現股東回報最大化。本集團的 整體策略與去年相同。 本集團的資本架構由負債淨額（包括分別 於附註 30 、 31 及 33 中披露的銀行借貸、租 賃負債及應付債券（扣除現金及現金等值項 目））及本集團權益（包括已發行股本、保 留盈利、其他儲備及非控股權益）組成。 本公司董事每半年檢討一次資本架構。作 為檢討的一部分，本公司董事考慮資本成 本及各類資本相關風險。根據本公司董事 的建議，本集團將透過支付股息、發行新 股及股份回購以及發行新債或償還現有債 務來平衡其整體資本架構。 37. 金融工具 a. 金融工具分類 36. CAPITAL RISK MANAGEMENT The Group manages its capital to ensure that entities in the Group will be able to continue as a going concern while maximising the return to shareholders through the optimisation of the debt and equity balance. The Group’s overall strategy remains unchanged from prior year. The capital structure of the Group consists of net debt, which includes the bank borrowings, lease liabilities and bonds payable disclosed in Notes 30, 31 and 33 respectively, net of cash and cash equivalents and equity of the Group, comprising issued share capital, retained profits, other reserves and NCI. The directors of the Company review the capital structure on a semi-annual basis. As part of this review, the directors of the Company consider the cost of capital and the risks associated with each class of capital. Based on recommendations of the directors of the Company, the Group will balance its overall capital structure through the payment of dividends, new share issues and share buy-backs as well as the issue of new debts or the repayment of existing debts. 37. FINANCIAL INSTRUMENTS a. Categories of financial instruments 31/12/2025 31/12/2024 二零二五年 十二月三十一日 二零二四年 十二月三十一日 RMB’000 RMB’000 人民幣千元 人民幣千元 Financial assets 金融資產 Financial assets at FVTPL 按公允值計入損益的金融資產 11,423,616 13,891,759 Derivative financial assets 衍生金融資產 3,607 54,320 Financial assets at amortised cost 按攤銷成本計量的金融資產 23,315,412 17,760,158 Equity instruments at FVTOCI 按公允值計入其他全面收益的權益工具 127,041 63,294 Receivables at FVTOCI 按公允值計入其他全面收益的應收款項 1,508,907 864,520 36,378,583 32,634,051 Financial liabilities 金融負債 Liabilities measured at amortised cost 按攤銷成本計量的負債 24,264,829 23,784,920 Derivative financial liabilities 衍生金融負債 37,264 69,322 24,302,093 23,854,242