Core Points - New Xiangwei (688593.SH) reported a total operating revenue of 507 million yuan for the year 2024, representing a year-on-year growth of 5.61% [1][2] - The net profit attributable to shareholders decreased by 69.38% to 8.43 million yuan, while the net profit after deducting non-recurring gains and losses was -3.68 million yuan, compared to 21.28 million yuan in the previous year [1][2] - The net cash flow from operating activities was -66.87 million yuan [1][2] Financial Summary - For 2024, the operating revenue was 507.40 million yuan, up from 480.45 million yuan in 2023, marking a 5.61% increase [2] - The net profit attributable to shareholders was 8.43 million yuan, down from 27.54 million yuan in 2023, a decline of 69.38% [2] - The net profit after deducting non-recurring gains and losses was -3.68 million yuan, compared to 21.28 million yuan in the previous year, a decrease of 117.31% [2] - The net cash flow from operating activities was -66.87 million yuan, compared to 95.66 million yuan in 2023, a decline of 169.90% [2] Q1 2025 Performance - In Q1 2025, New Xiangwei reported an operating revenue of 150.32 million yuan, a significant increase of 49.95% compared to the same period last year [3] - The net profit attributable to shareholders was 2.19 million yuan, recovering from a loss of 11.46 million yuan in the previous year [3] - The net profit after deducting non-recurring gains and losses was 1.77 million yuan, reflecting a year-on-year growth of 67.86% [3] - The net cash flow from operating activities was 79.06 million yuan, a substantial improvement from -41.34 million yuan in the previous year [3] IPO and Fundraising - New Xiangwei was listed on the Sci-Tech Innovation Board on June 1, 2023, with a total share count of approximately 459.53 million shares post-IPO, of which 91.91 million shares were newly issued [3] - The IPO price was set at 11.18 yuan per share, with the total funds raised amounting to 1.03 billion yuan, netting approximately 916.57 million yuan after deducting issuance costs [4] - The funds are intended for projects related to AMOLED display driver chip development, testing production line construction, and a research center in Shanghai [4]
新相微2024年扣非亏损 2023上市募10亿当年净利降7成