弘业期货：2025年末公司货币资金同比增长10.84%至79.9亿元

证券日报06-16

　　证券日报网6月16日讯，弘业期货在接受调研者提问时表示，经营现金流的核心驱动是客户保证金变动，与利润无关：期货公司经营活动现金流的核心构成是客户保证金的净流入/流出，不影响净利润。2025年末公司货币资金同比增长10.84%至79.9亿元，核心是客户权益规模的增长带来的保证金净流入，这部分资金直接计入经营活动现金流，但不会确认为公司的收入或利润，因此出现明显的低利润、高现金流财务背离。

（文章来源：证券日报）

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