Core Viewpoint - Xinhau Optoelectronics reported a decline in revenue and significant losses in net profit for the fiscal year 2024 compared to the previous year, indicating financial challenges for the company [1][2]. Financial Performance Summary - The company achieved operating revenue of 1.688 billion yuan in 2024, a decrease of 2.72% from 1.735 billion yuan in 2023 [2]. - The net profit attributable to shareholders was -353.8 million yuan in 2024, a drastic decline from a profit of 40.5 million yuan in 2023, representing a decrease of 972.54% [2][3]. - The net profit after excluding non-recurring gains and losses was -364.8 million yuan in 2024, compared to a profit of 6.69 million yuan in the previous year, marking a decline of 5,551.30% [2][3]. - The net cash flow from operating activities was -90.1 million yuan in 2024, down from a positive cash flow of 126.2 million yuan in 2023, reflecting a decrease of 171.37% [2][3]. Q1 2025 Performance - In the first quarter of 2025, the company reported operating revenue of 421.1 million yuan, a decline of 3.57% from 436.7 million yuan in the same quarter of 2024 [3]. - The net profit attributable to shareholders for Q1 2025 was -105.3 million yuan, worsening from -28.4 million yuan in Q1 2024, indicating a decline of 270.31% [3]. - The net cash flow from operating activities in Q1 2025 was -197.4 thousand yuan, a significant drop from a positive cash flow of 1.27 million yuan in the same quarter of the previous year, representing a decrease of 255.46% [3]. Initial Public Offering (IPO) Details - Xinhau Optoelectronics was listed on the Shenzhen Stock Exchange on August 27, 2021, with an initial share price of 98.80 yuan and a total of 20 million shares issued [4]. - The company raised a total of 1.976 billion yuan from the IPO, with a net amount of 1.895 billion yuan after deducting issuance costs [4]. - The stock reached a peak price of 181 yuan on its first trading day but is currently trading below its IPO price [4]. Dividend Distribution - The company announced a dividend distribution plan for 2023, proposing a cash dividend of 2 yuan per 10 shares and a capital reserve conversion of 4 shares for every 10 shares held [5]. - For the 2024 profit distribution, the company plans to distribute a cash dividend of 0.5 yuan per 10 shares and convert 2 shares for every 10 shares held, with an estimated total cash dividend of 8.46 million yuan [5].
信濠光电1年1期亏损 2021上市募19.8亿渤海证券保荐