证券代码：688721 证券简称：龙图光罩 公告编号：2025-017 深圳市龙图光罩股份有限公司 关于变更董事会秘书的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、关于董事会秘书辞职情况 深圳市龙图光罩股份有限公司（以下简称"公司"）董事会于近日收到公司财 务总监、董事会秘书范强先生辞任董事会秘书的书面报告，基于公司长远发展规 划及范强先生工作重心调整，范强先生申请辞任董事会秘书职务，在辞任董事会 秘书职务后，范强先生仍继续担任公司财务总监，在公司的发展中继续发挥重要 作用。 根据《中华人民共和国公司法》（以下简称"《公司法》"）《深圳市龙图 光罩股份有限公司章程》（以下简称"《公司章程》"）及《上海证券交易所科 创板上市公司自律监管指引第 1 号——规范运作》等相关规定，范强先生提交 的辞职报告自送达董事会之日起生效。范强先生在担任公司董事会秘书期间勤勉 尽责，恪尽职守，为公司规范运作和高质量发展发挥了积极作用。公司董事会对 其在任职期间所做的贡献表示衷心感谢！ 二、关于董事会秘书聘任情况 为保证董事会工作 ...

深圳市龙图光罩股份有限公司 证券代码：688721 证券简称：龙图光罩 公告编号：2025-017 董事会秘书联系方式： 关于变更董事会秘书的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、关于董事会秘书辞职情况 深圳市龙图光罩股份有限公司（以下简称"公司"）董事会于近日收到公司财 务总监、董事会秘书范强先生辞任董事会秘书的书面报告，基于公司长远发展规 划及范强先生工作重心调整，范强先生申请辞任董事会秘书职务，在辞任董事会 秘书职务后，范强先生仍继续担任公司财务总监，在公司的发展中继续发挥重要 作用。 根据《中华人民共和国公司法》（以下简称"《公司法》"）《深圳市龙图 光罩股份有限公司章程》（以下简称"《公司章程》"）及《上海证券交易所科 创板上市公司自律监管指引第 1 号——规范运作》等相关规定，范强先生提交 的辞职报告自送达董事会之日起生效。范强先生在担任公司董事会秘书期间勤勉 尽责，恪尽职守，为公司规范运作和高质量发展发挥了积极作用。公司董事会对 其在任职期间所做的贡献表示衷心感谢！ 二、关于董事会秘书聘任 ...

Investment Rating - The report maintains an "Accumulate-A" rating for the company Longtu Guozhao (688721.SH) [1] Core Views - The company's Q1 2025 performance is under pressure due to new factory amortization and strategic price reductions, leading to a decline in revenue and net profit [2][5] - The company reported Q1 2025 revenue of 54.37 million yuan, a year-on-year decrease of 8.97%, and a net profit of 17.33 million yuan, down 30.00% year-on-year [3][5] - The decline in revenue and profit is attributed to the new Zhuhai factory still ramping up production capacity, with depreciation and amortization increasing [5] - As the Zhuhai project progresses, the utilization rate of equipment is expected to improve, leading to a recovery in revenue and profit [5][6] - The company is focusing on higher process product development, aiming to expand its product process level to 90nm and 65nm, which will meet the needs of large wafer fabs [7] Financial Performance Summary - For Q1 2025, the company's gross margin was 52.44%, down 7.27 percentage points year-on-year, and the net profit margin was 31.88%, down 9.58 percentage points year-on-year [6] - The increase in the expense ratio contributed to the decline in net profit margin, with the selling expense ratio at 3.59%, management expense ratio at 4.56%, financial expense ratio at 0.62%, and R&D expense ratio at 10.40% [6] - The company forecasts revenues of 348 million, 509 million, and 788 million yuan for 2025, 2026, and 2027, respectively, with year-on-year growth rates of 41.0%, 46.6%, and 54.6% [8][10] - Net profits are expected to be 103 million, 162 million, and 263 million yuan for the same years, with growth rates of 11.8%, 57.6%, and 62.3% [8][10] - The corresponding EPS for these years is projected to be 0.77, 1.21, and 1.97 yuan, leading to P/E ratios of 59.8X, 38.0X, and 23.4X based on the closing price of 46.00 yuan on May 8 [8][10]

Investment Rating - The report maintains an "Accumulate-A" rating for the company Longtu Photomask (688721.SH) [1] Core Views - The company's Q1 2025 performance was under pressure due to the new factory's depreciation and strategic price reductions, leading to a decline in revenue and net profit [5][6] - Despite the current challenges, the report anticipates a gradual improvement in revenue and profit as the new factory's capacity utilization increases and customer purchasing levels normalize [5][6] Financial Performance Summary - In Q1 2025, the company achieved operating revenue of 54.37 million yuan, a year-on-year decrease of 8.97% - The net profit attributable to the parent company was 17.33 million yuan, down 30.00% year-on-year - The basic earnings per share (EPS) was 0.13 yuan, a decline of 48.00% compared to the previous year [4][5] Future Projections - The company is expected to achieve revenues of 348 million, 509 million, and 788 million yuan for the years 2025, 2026, and 2027, representing year-on-year growth rates of 41.0%, 46.6%, and 54.6% respectively - Net profits are projected to be 103 million, 162 million, and 263 million yuan for the same years, with growth rates of 11.8%, 57.6%, and 62.3% respectively [7][10] Valuation Metrics - The report provides projected EPS of 0.77, 1.21, and 1.97 yuan for 2025, 2026, and 2027, with corresponding price-to-earnings (P/E) ratios of 59.8X, 38.0X, and 23.4X based on the closing price of 46.00 yuan on May 8 [7][10]

证券代码：688721 证券简称：龙图光罩 公告编号：2025-016 深圳市龙图光罩股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性依法承担法律责任。 重要内容提示： 每股现金红利0.40元（含税） ● 相关日期 ■ 除公司自行发放对象外，其他股东的现金红利委托中国结算上海分公司通过其资金清算系统向股权登记 日上海证券交易所收市后登记在册并在上海证券交易所各会员办理了指定交易的股东派发。已办理指定 交易的投资者可于红利发放日在其指定的证券营业部领取现金红利，未办理指定交易的股东红利暂由中 国结算上海分公司保管，待办理指定交易后再进行派发。 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025年4月18日的2024年年度股东大会审议通过。 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分公司（以下简 称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本133,500,000股为基数，每股 ...

证券代码：688721 证券简称：龙图光罩 公告编号：2025-016 深圳市龙图光罩股份有限公司2024年年度权益分派实施公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： | 股权登记日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | | 2025/5/12 | 2025/5/13 | 2025/5/13 | 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 4 月 18 日的2024年年度股东大会审议通过。 二、分配方案 1.发放年度：2024年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3.分配方案： 本次利润分配以方案实施前的公司总股本133,500,000股为基数，每股派发现 金红利0.40元（含税），共计派发现金红利53,400,000元。 是否涉及差异化分红送转：否 每股分配比例 每股现金红利0.40元（含税） 相 ...

财务概况 近期龙图光罩(688721)发布2025年一季报，证券之星财报模型分析如下： 商业模式与资本结构 根据财报分析工具显示，公司去年的ROIC为10.06%，资本回报率一般。尽管净利率较高，达到 37.25%，但公司业绩主要依赖于资本开支及股权融资驱动。因此，需重点关注公司资本开支项目的合 理性及其面临的资金压力。 综上所述，龙图光罩在2025年第一季度的业绩表现不佳，主要受到应收账款高企、成本上升等因素的影 响。未来，公司需要加强成本控制和现金流管理，以提升整体盈利能力。 应收账款与现金流 本报告期，龙图光罩的应收账款体量较大，当期应收账款为7208.81万元，占最新年报归母净利润的比 例达到78.5%。此外，每股经营性现金流仅为0.02元，同比大幅下降89.45%，显示出公司在现金流管理 方面存在一定的压力。 成本与费用 公司的销售费用、管理费用和财务费用总计为476.84万元，三费占营收比为8.77%，较去年同期增长了 128.08%。这表明公司在控制成本方面面临挑战，费用的快速增长可能对公司盈利能力产生负面影响。 近期，龙图光罩(688721)发布了2025年第一季度财务报告。报告显示，截至本季 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688721 证券简称：龙图光罩 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 ■ (二)非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 ■ 对公司将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号一一非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 (三)主要会计数据、财务指标发生变动的情况、原因 √适用 □ ...

深圳市龙图光罩股份有限公司 2025 年度"提质增效重回报"行动方案 深圳市龙图光罩股份有限公司（以下简称"公司"）认为提高上市公司质量， 增强投资者回报，提升投资者的获得感，是上市公司发展的应有之义，是上市公 司对投资者的应尽之责。为践行"以投资者为本"的上市公司发展理念，维护公 司全体股东利益，基于对公司未来发展前景的信心、对公司价值的认可和切实履 行社会责任，公司特制定 2025 年度"提质增效重回报"行动方案，以进一步提升 公司经营效率，强化市场竞争力，保障投资者权益，稳定股价，树立良好的资本 市场形象。主要措施如下： 一、聚焦经营主业，提升核心竞争力 公司主营业务为半导体掩模版的研发、生产和销售，是具备关键技术攻关能 力，拥有自主知识产权的独立第三方半导体掩模版厂商。公司紧跟国内特色工艺 半导体发展路线，不断进行技术攻关和产品迭代，量产的半导体掩模版对应下游 半导体产品的工艺节点覆盖 130nm，更高制程节点的第三代掩模版 PSM 产品已 研发试制成功并送往客户验证。 公司掩模版产品广泛应用于功率半导体、MEMS 传感器、IC 封装、模拟 IC 等特色工艺半导体领域，终端应用涵盖新能源、光伏发电、汽 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 54,367,405.98, representing a decrease of 8.97% compared to CNY 59,722,917.50 in the same period last year[4]. - Net profit attributable to shareholders decreased by 30.00% to CNY 17,333,901.54 from CNY 24,762,752.93 year-on-year[4]. - The net profit after deducting non-recurring gains and losses fell by 32.89% to CNY 16,603,991.99 compared to CNY 24,741,766.45 in the previous year[4]. - Basic and diluted earnings per share dropped by 48.00% to CNY 0.13 from CNY 0.25 year-on-year[4]. - Total operating revenue for Q1 2025 was ¥54,367,405.98, a decrease of 9.1% compared to ¥59,722,917.50 in Q1 2024[18]. - Net profit for Q1 2025 was ¥17,333,901.54, down 30.0% from ¥24,762,752.93 in Q1 2024[19]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.13, compared to ¥0.25 in Q1 2024[19]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 85.93% to CNY 3,307,407.36 from CNY 23,510,981.86 in the same quarter last year[4]. - Cash flow from operating activities generated a net amount of ¥3,307,407.36 in Q1 2025, a significant decrease from ¥23,510,981.86 in Q1 2024[22]. - Cash and cash equivalents stood at RMB 50,071,075.11 as of March 31, 2025, compared to RMB 51,609,785.75 at the end of 2024[14]. - Cash and cash equivalents at the end of Q1 2025 were ¥50,071,075.11, down from ¥39,357,091.12 at the end of Q1 2024[23]. - The total current assets amounted to RMB 366,801,891.50, a decrease from RMB 541,384,248.59 as of December 31, 2024[14]. - The total assets at the end of the reporting period were CNY 1,295,845,064.63, a decrease of 1.32% from CNY 1,313,154,265.85 at the end of the previous year[5]. - The total assets decreased to RMB 1,295,845,064.63 as of March 31, 2025, from RMB 1,313,154,265.85 at the end of 2024[16]. Expenses and Liabilities - Total operating costs increased to ¥36,735,755.32 in Q1 2025, up 15.3% from ¥31,929,504.16 in Q1 2024[18]. - Research and development expenses totaled CNY 5,654,164.51, an increase of 14.59% from CNY 4,934,220.83 in the previous year, accounting for 10.40% of operating revenue[5]. - Research and development expenses increased to ¥5,654,164.51 in Q1 2025, up from ¥4,934,220.83 in Q1 2024[18]. - The total liabilities as of March 31, 2025, were RMB 73,306,436.23, down from RMB 109,288,840.79 at the end of 2024[16]. - The company reported a decrease in accounts payable to RMB 14,207,212.33 as of March 31, 2025, from RMB 13,479,613.64 at the end of 2024[16]. Strategic Insights - The decline in net profit was attributed to strategic price reductions for certain customers and a decrease in production capacity utilization, leading to increased unit costs and a decline in gross margin[8]. - The company's revenue in Q1 2025 decreased compared to the previous year primarily due to strategic price reductions aimed at increasing procurement share among certain clients, alongside reduced purchasing demand from some clients due to their operational strategy adjustments[12]. - The company expects revenue to recover as clients return to normal purchasing levels and new production capacity from the Zhuhai factory is released[12]. - The company experienced a significant increase in financial expenses, with a net financial cost of ¥337,623.77 in Q1 2025, compared to a gain of ¥1,276,350.01 in Q1 2024[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,235[10]. - The company's retained earnings increased to RMB 199,440,969.34 as of March 31, 2025, from RMB 182,107,067.80 at the end of 2024[16]. - The fixed assets increased significantly to RMB 359,917,729.21 as of March 31, 2025, from RMB 121,331,354.58 at the end of 2024[15]. - The company's total non-current assets reached RMB 929,043,173.13 as of March 31, 2025, compared to RMB 771,770,017.26 at the end of 2024[15].