Annual Report 2025

舜宇光學科技（集團）有限公司 • 2025 年報 291 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 37. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies (Continued) Credit risk and impairment assessment The Group’s maximum exposure to credit risk which will cause a financial loss to the Group arising from the carrying amount of the respective recognised financial assets as stated in the consolidated statement of financial position. Trade receivables In order to minimise the credit risk, the directors of the Company have delegated a team responsible for determination of credit limits, credit approvals and other monitoring procedures to ensure that follow-up action is taken to recover overdue debts. In addition, the Group performs impairment assessment under ECL model on trade receivables individually or based on provision matrix. In this regard, the directors of the Company consider that the Group’s credit risk is significantly reduced. The Group has concentration of credit risk as 23% (2024: 24%) and 40% (2024: 43%) of the total trade receivables was due from the Group’s largest customer and the five largest customers, respectively. Revenue from the top five trade debtors represent over 38% (2024: 43%) of the Group’s revenue for the year ended 31 December 2025. The directors of the Company, the associates and the shareholders have no interest in the customers mentioned above. The largest five customers’ principal manufacturing facilities are located in the PRC, Vietnam and India, and their principal activities are manufacturing of smartphones and optical related products. 37. 金融工具（續） b. 財務風險管理目標及政策（續） 信貸風險及減值評估 本集團承受財務虧損的最大信貸風險 來自綜合財務狀況表所列各項已確認 金融資產的賬面值。 貿易應收款項 為盡量減低信貸風險，本公司董事已 委派專責隊伍，負責釐定信貸限額、 審批信貸及其他監控程序，以確保採 取跟進行動收回過期債務。此外，本 集團按預期信貸虧損模式對貿易應收 款項個別地或根據撥備矩陣進行減值 評估。因此，本公司董事認為本集團 的信貸風險已大大降低。 本集團另有信貸集中風險，皆因本集 團總貿易應收款項中，最大客戶與前 五大客戶分別佔 23% （二零二四年： 24% ）及 40% （二零二四年： 43% ）。 截至二零二五年十二月三十一日止年 度，來自前五大貿易債務人的收入 佔本集團收入逾 38% （二零二四年： 43% ）。本公司董事、聯繫人及股東於 上述客戶中並無任何權益。前五大客 戶的主要生產設施位於中國、越南及 印度，且其主要業務為製造智能手機 及光學相關產品。