港股詳情

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復旦張江

2.820

-0.100-3.42%

成交量：89.70萬

成交額：254.06萬

市值：29.24億

市盈率：-16.61

高：2.920

開：2.920

低：2.800

收：2.920

52周最高：5.290

52周最低：2.110

股本：10.37億

香港流通股本：3.26億

量比：1.84

換手率：0.28%

股息：0.03

股息率：1.13%

每股收益(LYR):-0.170

淨資產收益率：-6.90%

總資產收益率：-2.58%

市淨率：1.14

市盈率(LYR):-16.61

市銷率: 3.77

資料載入中...

總覽公司新聞資訊公告

復旦張江03月10日獲主力加倉43.1萬元

復旦張江業績「斷崖式下跌」：核心產品集採失標，利潤由盈轉虧，研發與費用雙壓凸顯經營風險

復旦張江盤中異動急速拉升5.07%

復旦張江（01349）2月無新增發行或股份變動

《業績》復旦張江(01349.HK)全年虧損1.57億人民幣盈轉虧

阿斯达克财经

核心產品集採落選重挫業績！復旦張江2025年被迫降價求生，淨利暴跌近500%

深圳商报·读创

上海復旦張江生物醫藥股份有限公司2025年度營收6.86億元，經調整淨利潤-1.84億元

復旦張江2025年度業績快報：營收6.86億元，按年減少3.33%

上海復旦張江（01349）1月股份變動月報表，股本維持不變

復旦張江02月11日主力淨流出37.1萬元散户資金買入

復旦張江(01349)股價顯著上升11.538%，現價港幣$3.48

阿斯达克财经

復旦張江：更換持續督導保薦代表人

智通AH統計|2月5日

復旦張江發布2026年1月法定/註冊股本及已發行股份變動月報表

復旦張江02月02日主力淨流出21.7萬元散户資金買入

港股異動 | 復旦張江(01349)盤中跌4% 預計2025年由盈轉虧最多1.8億元

榮昌生物、科興製藥、君實生物等多家創新藥企2025業績戰況如何？

復旦張江2025年業績預告，攻堅ADC與光動力

《盈警》復旦張江(01349.HK)估計全年轉虧1.2億至1.8億人民幣

阿斯达克财经

復旦張江(01349)發盈警預計2025年度歸母淨虧損約1.2億至1.8億元

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10:49","pubTimestamp":1772765340,"startTime":"0","endTime":"0","summary":"近日，上海复旦张江生物医药股份有限公司发布2025年度业绩快报，数据令人震惊。公司在营业收入仅微降3.33%的情况下，归母净利润却由上年盈利3973.39万元骤降至亏损1.57亿元，同比暴跌496.23%，盈利能力几乎“崩塌”。　　这份成绩单不仅暴露了公司对单一核心产品的高度依赖，也揭示了其在政策变化、研发投入与费用控制之间的多重失衡。　　这一事件暴露出公司产品线高度集中、抗政策风险能力薄弱的隐患。","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.sina.com.cn/stock/aigcy/2026-03-06/doc-inhpzkwt6026488.shtml","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"sina","symbols":["01349","BK0239","688505","BK1191"],"gpt_icon":0},{"id":"2617924775","title":"復旦張江盤中異動 急速拉升5.07%","url":"https://stock-news.laohu8.com/highlight/detail?id=2617924775","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2617924775?lang=zh_tw&edition=fundamental","pubTime":"2026-03-05 09:45","pubTimestamp":1772675101,"startTime":"0","endTime":"0","summary":"2026年03月05日早盘09时45分，复旦张江股票出现异动，股价急速拉升5.07%。截至发稿，该股报3.110港元/股，成交量28.6万股，换手率0.09%，振幅3.72%。资金方面，该股资金流入44.253万港元，流出26.165万港元。机构评级方面，目前暂无机构对该股做出“买入、持有、卖出”建议。复旦张江股票所在的生物技术行业中，整体涨幅为1.71%。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026030509450197a819f1&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026030509450197a819f1&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["BK1191","01349"],"gpt_icon":0},{"id":"1151545081","title":"復旦張江（01349）2月無新增發行或股份變動","url":"https://stock-news.laohu8.com/highlight/detail?id=1151545081","media":"公告速递","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1151545081?lang=zh_tw&edition=fundamental","pubTime":"2026-03-02 16:56","pubTimestamp":1772441784,"startTime":"0","endTime":"0","summary":"上海复旦张江生物医药股份有限公司于2026年3月2日发布最新股份变动月报表，报告期覆盖2026年2月。公告显示，期间公司注册股本及已发行股份均未发生变化，各类股本数量保持稳定。报告期内，公司H股已发行股份数维持在326,000,000股，A股已发行股份数仍为710,572,100股。公告并无新增发行、股份购回或注销，以及期权激励等变动记录。公司声明已遵守香港联交所《上市规则》有关公众持股量要求，并确认截至本月底符合相关规定。公告由公司秘书薛燕签署。","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01349"],"gpt_icon":0},{"id":"2616499829","title":"《業績》復旦張江(01349.HK)全年虧損1.57億人民幣  盈轉虧","url":"https://stock-news.laohu8.com/highlight/detail?id=2616499829","media":"阿斯达克财经","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616499829?lang=zh_tw&edition=fundamental","pubTime":"2026-03-01 17:32","pubTimestamp":1772357520,"startTime":"0","endTime":"0","summary":"复旦张江(01349.HK) 公布2025年度业绩快报，实现收入6.86亿人民币(下同)，按年下降3.3%。归属股东净亏损1.57亿元，相较上年度净利润3,973万元，盈转亏；每股亏损0.15元。(de/d)(港股报价延迟最少十五分钟。)过往派息公布日期派息事项派息内容2025/10/30第三季业绩无派息2025/08/12中期业绩无派息2025/04/28第一季业绩无派息2025/03/27末期业绩股息：人民币 0.0300 (约相等于 0.0321 港元)AASTOCKS新闻","market":"hk","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20190621155507080_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20190621155507080_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1505617/latest-news/AAFN","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aafn-con/NOW.1505617/latest-news/AAFN","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["UCmain","CNHmain","MUCmain","01349","BK1191","688505","MCNHmain","BK0239","CYB"],"gpt_icon":0},{"id":"2614181308","title":"核心產品集採落選重挫業績！復旦張江2025年被迫降價求生，淨利暴跌近500%","url":"https://stock-news.laohu8.com/highlight/detail?id=2614181308","media":"深圳商报·读创","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2614181308?lang=zh_tw&edition=fundamental","pubTime":"2026-02-28 16:43","pubTimestamp":1772268229,"startTime":"0","endTime":"0","summary":"深圳商报·读创客户端记者穆砚2月27日晚间，上海复旦张江生物医药股份有限公司（以下简称“复旦张江”或“公司”）发布2025年度业绩快报公告。公告显示，公司业绩遭遇断崖式反转，全年实现营业总收入6.857亿元，同比下降3.33%，归母净利润由上年盈利3973.39万元转为亏损1.57亿元，同比降幅高达496.23%，盈利能力彻底崩塌。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202602283657509061.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK1191","688505","BK0239","01349"],"gpt_icon":0},{"id":"1136304914","title":"上海復旦張江生物醫藥股份有限公司2025年度營收6.86億元，經調整淨利潤-1.84億元","url":"https://stock-news.laohu8.com/highlight/detail?id=1136304914","media":"公告速递","labels":["dataReport","SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1136304914?lang=zh_tw&edition=fundamental","pubTime":"2026-02-27 18:36","pubTimestamp":1772188575,"startTime":"0","endTime":"0","summary":"根据公告，2025年度公司实现营收约6.86亿元，同比下降3.33%。经调整净利润为-1.84亿元，同比下降3,680.51%。公告显示，公司在报告期内持续加大研发投入，约为3.58亿元，占营收比重超过50%。研发费用的增加以及核心产品里葆多价格调整，导致本期利润贡献明显下降，是公司整体业绩承压的主要原因。公司核心产品里葆多在报告期内由于未能进入集采中选名单，采取了梯度下调市场零售价格等策略，直接影响了其利润贡献。","market":"sh","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport,SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01349"],"gpt_icon":0},{"id":"2614317688","title":"復旦張江2025年度業績快報：營收6.86億元，按年減少3.33%","url":"https://stock-news.laohu8.com/highlight/detail?id=2614317688","media":"财中社","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2614317688?lang=zh_tw&edition=fundamental","pubTime":"2026-02-27 18:11","pubTimestamp":1772187091,"startTime":"0","endTime":"0","summary":"2月27日，复旦张江（688505/01349）发布公告，2025年度业绩快报显示，公司营业总收入为6.86亿元，同比减少3.33%；归母净利润约亏损1.57亿元，同比下降496.23%。公司指出，营业利润、利润总额及归母净利润等多项财务数据大幅变动主要是由于调整里葆多?销售策略，导致该产品利润贡献减少约1亿元。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202602273656826273.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["688505","01349"],"gpt_icon":0},{"id":"1174397883","title":"上海復旦張江（01349）1月股份變動月報表，股本維持不變","url":"https://stock-news.laohu8.com/highlight/detail?id=1174397883","media":"公告速递","labels":["SGX"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1174397883?lang=zh_tw&edition=fundamental","pubTime":"2026-02-24 19:06","pubTimestamp":1771931214,"startTime":"0","endTime":"0","summary":"上海复旦张江生物医药股份有限公司于2026年2月24日披露2026年1月股份变动月报表，显示截至1月31日，公司已发行H股（01349）总数维持在326,000,000股，A股（上海证券交易所科创板：688505）总数继续保持710,572,100股，均与上月底持平。\n公司注册股本持续为人民币103,657,210元，其中H股注册股本人民币32,600,000元，A股注册股本人民币71,057,210元。报告期内未发生新增发行、购回、注销或库存股变动，也无股份期权和股权激励计划的进展披露。\n公司同时确认，截至1月底符合香港联交所有关最低公众持股量的要求。公告由公司秘书薛燕签署。","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"SGX","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01349"],"gpt_icon":0},{"id":"2610959230","title":"復旦張江02月11日主力淨流出37.1萬元 散户資金買入","url":"https://stock-news.laohu8.com/highlight/detail?id=2610959230","media":"市场透视","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2610959230?lang=zh_tw&edition=fundamental","pubTime":"2026-02-11 16:15","pubTimestamp":1770797738,"startTime":"0","endTime":"0","summary":"02月11日, 复旦张江股价跌2.40%，报收3.25元，成交金额789.0万元，换手率0.73%，振幅4.20%，量比0.53。复旦张江今日主力资金净流出37.1万元，上一交易日主力净流入228.9万元。该股近5个交易日上涨3.49%，主力资金累计净流入66.4万元；近20日主力资金累计净流入188.7万元，其中净流入天数为8日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260211161823a6ee0b38&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260211161823a6ee0b38&s=b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tencent","symbols":["BK1191","01349"],"gpt_icon":0},{"id":"2610187696","title":"復旦張江(01349)股價顯著上升11.538%，現價港幣$3.48","url":"https://stock-news.laohu8.com/highlight/detail?id=2610187696","media":"阿斯达克财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2610187696?lang=zh_tw&edition=fundamental","pubTime":"2026-02-10 13:54","pubTimestamp":1770702840,"startTime":"0","endTime":"0","summary":"[上升股]复旦张江(01349) 股价在下午01:54比前收市价显著上升11.538%，现股价为港币$3.48。至目前为止，今日最高价为$3.48，而最低价为$3.13。总成交量为520.3万股，总成交金额为港币$1.714千万。","market":"other","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20190212132919673_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20190212132919673_s.jpg"],"rights":{"source":"aastocks_highlight","url":"http://www.aastocks.com/tc/stocks/news/aamm-content/AAR2602103536/aamm-all-category","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aamm-content/AAR2602103536/aamm-all-category","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["688505","BK1191","BK0239","01349"],"gpt_icon":0},{"id":"2610763721","title":"復旦張江：更換持續督導保薦代表人","url":"https://stock-news.laohu8.com/highlight/detail?id=2610763721","media":"证券日报","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2610763721?lang=zh_tw&edition=fundamental","pubTime":"2026-02-09 20:08","pubTimestamp":1770638933,"startTime":"0","endTime":"0","summary":"证券日报网讯2月9日，复旦张江发布公告称，公司首次公开发行股票并在科创板上市项目（以下简称“本项目”）的保荐机构为国泰海通证券股份有限公司（以下简称“国泰海通”），本项目法定持续督导期间为2020年6月19日至2023年12月31日，郑干国先生、陈恒瑞先生为本项目持续督导期间的保荐代表人。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202602093645633736.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["BK1191","688505","01349","BK0239"],"gpt_icon":0},{"id":"2609632452","title":"智通AH統計|2月5日","url":"https://stock-news.laohu8.com/highlight/detail?id=2609632452","media":"智通财经","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2609632452?lang=zh_tw&edition=fundamental","pubTime":"2026-02-05 16:15","pubTimestamp":1770279306,"startTime":"0","endTime":"0","summary":"智通财经APP获悉，截止2月5日收盘，东北电气、浙江世宝、中石化油服分列AH溢价率前三位，溢价率分别为815.25%、354.93%、295.40%；宁德时代、招商银行、恒瑞医药分列AH溢价率末三位，溢价率分别为-11.82%、-2.30%、1.62%。其中金风科技、金隅集团、中石化油服的偏离值位居前三，分别为21.73%、19.04%、18.76%；另外，浙江世宝、钧达股份、长飞光纤光缆的偏离值位居后三，分别为-41.23%、-39.46%、-26.61%。","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1402034.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["09696","02359","02628","PAImain","03143","06031","06613","02465","BK1523","00038","06869","09989","01057","02691","LU0650527681.SGD","159982","01276","02218","00323","01033","00553","399300","01349","03678","02579","LU2279701549.SGD","82318","00187","IE00BGHQDM52.EUR","00300","03606","01528","03145","02883","IE00B3M56506.USD","601318","03968","00042","02318","00638","01108","06690","02009","HPAD.SI","03750","PNGAY","02338","02865","02208"],"gpt_icon":1},{"id":"2608967328","title":"復旦張江發布2026年1月法定/註冊股本及已發行股份變動月報表","url":"https://stock-news.laohu8.com/highlight/detail?id=2608967328","media":"金吾财讯","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2608967328?lang=zh_tw&edition=fundamental","pubTime":"2026-02-02 18:41","pubTimestamp":1770028908,"startTime":"0","endTime":"0","summary":"金吾财讯|2026年2月2日，上海复旦张江生物医药股份有限公司向香港交易及结算所有限公司提交了2026年1月的法定/注册股本及已发行股份变动月报表。月报表显示，复旦张江的法定/注册股本在本月未发生任何变动。此外，复旦张江确认，截至2026年1月底，其H股和A股均已符合适用的公众持股量要求。此次月报表的提交，为投资者提供了复旦张江股本结构的最新信息，有助于投资者更好地了解公司的股权状况并作出更明智的投资决策。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260202190203a473178e&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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复旦张江股价跌5.23%，报收3.08元，成交金额710.9万元，换手率0.70%，振幅4.92%，量比0.81。复旦张江今日主力资金净流出21.7万元，上一交易日主力净流入5.2万元。该股近5个交易日下跌5.52%，主力资金累计净流出161.7万元，其中1个交易日为股价上涨时净流出；近20日主力资金累计净流出204.7万元，其中净流出天数为11日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260202161826a6c97226&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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10:25","pubTimestamp":1769999139,"startTime":"0","endTime":"0","summary":"1月30日，包括荣昌生物、科兴制药、君实生物、百利天恒、复旦张江等多家创新药企业发布2025年业绩预告，那么2025年这些药企战绩如何？而科兴制药更是预计，2025年归母净利润同比增长328.83%至455.89%，为1.35亿元至1.75亿元。科兴制药表示，创新药管线突破奠定业绩增长基础。与荣昌生物、科兴制药的强势增长不同，百利天恒、复旦张江等则面临不同程度的业绩压力，但各有应对与布局。各家创新药企业的业绩表现，背后是2025年国产创新药行业的结构性改善。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260202104016a6c84b5e&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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10:17","pubTimestamp":1769998622,"startTime":"0","endTime":"0","summary":"1月30日晚间，复旦张江发布2025年年度业绩预告。公告显示，公司当期业绩虽面临短期压力，但在创新药研发领域持续加码，ADC与光动力药物管线进展显著，为长期发展筑牢技术壁垒。研发投入的持续加大是复旦张江当期业绩承压的重要原因之一，公告披露，2025年其研发投入约3.5亿元，研发投入占营业收入比例持续上升，资源重点投向ADC与光动力药物等前沿治疗领域，多项核心项目取得关键进展。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20260202102907a6c83f9a&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, 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发布公告，集团预计截至2025年12月31日止年度将取得未经审核的归属于母公司所有者的净亏损约为人民币1.2亿元至1.8亿元;未经审核的归属于母公司所有者的扣除非经常性损益的净亏损约为人民币1.4亿元至2亿元。报告期内集团研发投入约人民币3.5亿元。与去年同期相比，该产品对集团的利润贡献同比减少约人民币1亿元。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1399967.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["01349","BK1191","688505","BK0239"],"gpt_icon":0}],"pageSize":20,"totalPage":8,"pageCount":1,"totalSize":144,"code":"91000000","status":"200"}]}}