Suzhou Everbright Photonics (688048)2025-01-17 13:05Financial Performance - The company expects to achieve an operating revenue of approximately RMB 272.39 million for the year 2024, a decrease of about RMB 17.82 million or 6.14% compared to the previous year[3]. - The net profit attributable to the parent company is projected to be approximately -RMB 91.36 million for 2024, which is an increase of about RMB 0.59 million, narrowing the loss by 0.64% year-on-year[3]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be approximately -RMB 135.51 million, a decrease of about RMB 23.50 million, widening the loss by 20.97% compared to the previous year[3]. - The company reported a previous year's operating revenue of RMB 290.21 million and a net profit of -RMB 91.95 million[5][6]. Research and Development - The company has increased its R&D investment, resulting in higher R&D expenses compared to the previous year[7]. Market Challenges - The company faces challenges in the laser market due to intensified competition and declining prices for products such as fiber-coupled modules, leading to a decrease in gross profit margin[7]. Government Support and Financial Risks - Government subsidies received in 2024 are expected to be lower than those in 2023, impacting overall profitability[8]. - The company has recognized fair value losses related to a trust product that has been overdue for one year[8]. - Investors are advised to pay attention to investment risks as the final audited financial data will be disclosed in the 2024 annual report[10]. Preliminary Data Disclaimer - The preliminary financial data provided is subject to change and has not been audited by a registered accountant[4].