Beijing Fjr Optoelectronic 富吉瑞
11 significant filings since 1 Jun 2026: 7 on share issue, 2 on guarantee or financial assistance and 1 on major holder selling, and 1 other kind. The latest, on 22 Sep 2026: 2026年度向特定对象发行A股股票方案论证分析报告.
自 1 Jun 2026 起有 11 份重大公告：share issue 7 份、guarantee or financial assistance 2 份、major holder selling 1 份，另有 1 类。最新一份（22 Sep 2026）：2026年度向特定对象发行A股股票方案论证分析报告。
Price History 价格走势
250 trading days 个交易日 · High 最高 ¥55.02 · Low 最低 ¥23.34As of 25 Sep 2026 截至2026年9月25日
Beijing Fjr Optoelectronic 富吉瑞, listed in 2021, operates in the defence electronics industry. The company reported a net loss in 2025, with revenue down significantly from the prior year. Operating cash flow was negative, indicating cash outflows from core operations. Receivables take a long time to collect, with turnover at 299 days, and inventory remains tied up for 481 days. While the balance sheet shows a current ratio of 1.95 and liabilities to assets at 44.5%, the company faces pressure from declining profitability and weak cash generation. The share price rose 16.6% over one year, but volatility remains high, with 16 large daily moves in the past 12 months. The actual controller is 黄富元, and the largest holder is 宁波瑞吉富科技中心(有限合伙).
富吉瑞2021年上市，属于军工电子行业。公司2025年出现净亏损，营业收入较上年明显下降。经营现金流为净流出，显示主业现金回笼不足。应收账款周转天数达299天，存货周转天数为481天，回款和库存周转周期长。资产负债率为44.5%，流动比率1.95，短期偿债能力尚可。但盈利能力下滑、现金流偏弱带来经营压力。过去一年股价上涨16.6%，但近12个月有16个交易日出现9%以上涨跌幅，波动较大。实际控制人为黄富元，第一大股东为宁波瑞吉富科技中心(有限合伙)。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Attributable net loss in 2025 2025年归母净利润亏损 | The company reported a net loss in 2025. 公司2025年出现净亏损。 | A net loss reduces retained earnings and weakens equity. It may require external funding if losses continue. The loss followed a profit in 2024, indicating a sharp downturn. 净亏损会减少留存收益，削弱净资产。若亏损持续，可能需依赖外部融资。此次亏损由2024年盈利转来，显示业绩急剧下滑。 |
| Operating cash outflow 经营现金净流出 | Operating cash flow was negative in 2025. 2025年经营现金流为负。 | Negative operating cash flow means the company is spending more cash than it generates from operations. This can strain liquidity even if revenue is high. 经营现金流为负表明公司主业现金支出大于流入。即使收入较高，也可能导致流动性紧张。 |
| Revenue down 20% or more on the year before 营业收入同比下降20%或以上 | Revenue declined by more than 20% year-on-year in 2025. 2025年营业收入同比下滑超20%。 | A steep revenue drop reduces the base for profit and cash generation. It may signal weakening demand or loss of competitiveness. 收入大幅下滑削弱盈利和现金流基础，可能反映市场需求减弱或竞争力下降。 |
| Receivables take over 180 days to collect 应收账款周转天数超过180天 | Receivables take over 180 days to collect. 应收账款周转天数超过180天。 | Long collection periods tie up cash and increase credit risk. At 299 days, receivables are slow to convert to cash, affecting liquidity. 回款周期长导致资金占用，信用风险上升。299天的周转天数使应收款转为现金的速度慢，影响流动性。 |
- Change in attributable net profit for the full year 2026, compared to 2025's loss of -RMB82.3m.
2026全年归母净利润变动，对比2025年-8,230.0万元的亏损。 - Operating cash flow per share in 2026, compared to -RMB1.08 in 2025.
2026年每股经营现金流，对比2025年的-1.08元。 - Revenue trend in 2026, compared to 2025's RMB210.1m.
2026年营业收入趋势，对比2025年的2.10亿元。 - Receivable days at the end of 2026, compared to 299 days at 30 Jun 2026.
2026年末应收账款周转天数，对比2026年6月30日的299天。 - Inventory days at the end of 2026, compared to 481 days at 30 Jun 2026.
2026年末存货周转天数，对比2026年6月30日的481天。 - Any disclosure of principal in new financial assistance, entrusted loans or borrowing contracts filed in 2026.
2026年披露的财务资助、委托贷款或借款合同中是否载明本金金额。
- Company: Beijing Fjr Optoelectronic 富吉瑞, Shanghai Stock Exchange 688272; industry Defence Electronics; listed 18 Oct 2021.
公司：富吉瑞，上海证券交易所 688272；行业：军工电子；上市日期：2021年10月18日。 - Close on 24 Sep 2026 RMB29.46; close on 24 Sep 2025 RMB25.26; one-year change +16.6%.
2026年9月24日收盘价29.46元；2025年9月24日收盘价25.26元；一年涨跌幅+16.6%。 - 52-week range RMB23.34 to RMB55.02.
52周区间23.34元至55.02元。 - In the last 12 months 16 trading days closed 9% or more above or below the day before (all days, not only this year). The 5 most recent of them: 26 Jun 2026 +11.7%; 30 Jun 2026 +12.6%; 7 Jul 2026 -14.3%; 13 Jul 2026 -9.8%; 17 Jul 2026 -11.7%. The longest run of them on consecutive trading days: 2 days.
近12个月共有16个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近5个：2026年6月26日 +11.7%；2026年6月30日 +12.6%；2026年7月7日 -14.3%；2026年7月13日 -9.8%；2026年7月17日 -11.7%。其中最长连续2个交易日。 - Market capitalisation RMB2.24bn; P/E TTM not meaningful (loss-making); price to book 5.80x.
总市值22.39亿元；市盈率（TTM）不适用（亏损）；市净率5.80倍。 - Revenue 2025 RMB210.1m; 2024 RMB302.3m; change -30.5%.
营业收入2025年2.10亿元；2024年3.02亿元；同比-30.5%。 - Attributable net profit 2025 -RMB82.3m; 2024 RMB11.6m; change -807.1% (from a profit to a loss).
归属于母公司股东的净利润2025年-8,230.0万元；2024年1,163.9万元；同比-807.1%（由盈转亏）。 - Net profit excluding non-recurring items, 2025 change -978.4%.
2025年扣除非经常性损益后的净利润同比-978.4%。 - Basic EPS 2025 -RMB1.08; 2024 RMB0.15.
基本每股收益2025年-1.08元；2024年0.15元。 - Operating cash flow per share 2025 -RMB1.08; 2024 RMB0.38.
每股经营现金流2025年-1.08元；2024年0.38元。 - 2025 gross margin 37.8%; net margin -39.2%; ROE -17.9%.
2025年毛利率37.8%；净利率-39.2%；净资产收益率-17.9%。 - At 30 Jun 2026: liabilities to assets 44.5%; current ratio 1.95; quick ratio 1.29; receivable days 299; inventory days 481.
截至2026年6月30日：资产负债率44.5%；流动比率1.95；速动比率1.29；应收账款周转天数299；存货周转天数481。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB108.7m, change -5.5%; attributable net profit -RMB26.3m, change -31.8% (the loss widened); operating cash flow per share -RMB0.08.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入1.09亿元，同比-5.5%；归母净利润-2,625.8万元，同比-31.8%（亏损扩大）；每股经营现金流-0.08元。 - Ownership: actual controller 黄富元; largest holder at 30 Jun 2026: 宁波瑞吉富科技中心(有限合伙), 16.46%.
股权：实际控制人：黄富元；2026年6月30日第一大股东：宁波瑞吉富科技中心(有限合伙)，持股16.46%。 - No distribution is held in this database, which begins on 1 Jan 2026; earlier distributions are not shown.
本数据库自2026年1月1日起记录，其中无该公司的分配记录；此前的分配未予显示。 - Financial assistance, entrusted loans and borrowing contracts filed in the last 12 months: 1; principal stated not shown.
近12个月披露的财务资助、委托贷款及借款合同：1项；载明本金合计未披露。 - Aurelian Grade D, score 38.4 of 100, graded within a peer group of 61 companies in its industry; no rank among peers is given.
金源评级D，得分38.4（满分100），于行业同业61家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。