A charging apparatus is provided, and relatively high charging efficiency is still maintained when a charging current changes. The charging apparatus includes: a voltage regulator; a charging power tube, where a source electrode of the charging power tube is connected to an output end of the voltage regulator and a drain electrode of the charging power tube is connected to a positive electrode of a battery, and the charging power tube is configured to generate a charging current; a charging controller, where an output end of the charging controller is connected to a gate electrode of the charging power tube, and the charging controller is configured to control the charging power tube to adjust the charging current; and a reference voltage module, configured to obtain the charging current and a battery voltage and output a reference voltage.