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帝尔激光赴港IPO:合同负债两年缩水逾5亿元,“第二增长曲线”尚待破局_城市资讯网

网警处罚编造“大葱免费拿”谣言者

期利润规模相匹配。但该项数据在2024年转为负值,录得经营活动现金流出约2.01亿元,主要受到贸易应收款项增加及合同负债减少的影响。尽管在2025年,公司的经营活动所得现金净额回正至约1.11亿元,但这与当期5.19亿元的利润之间仍存在约4亿元的缺口。  图片来源:帝尔激光招股书  在合同负债下降与存货确权周期延长的同时,帝尔激光在销售回款端的数据变化同样呈现出行业下行周期的典型特征。随着下游光伏

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