科翔股份连亏两年半 上市5年共募17.1亿元正拟定增

Core Viewpoint - Kexiang Co., Ltd. reported a revenue increase of 16.04% year-on-year for the first half of 2025, despite a net loss, indicating potential growth in operational performance [1][2]. Financial Performance - The company achieved an operating income of 1.806 billion yuan in the first half of 2025, up from 1.556 billion yuan in the same period last year, reflecting a growth of 16.04% [2]. - The net profit attributable to shareholders was a loss of 62.03 million yuan, an improvement from a loss of 98.40 million yuan in the previous year, marking a 36.96% reduction in losses [2]. - The net profit after deducting non-recurring gains and losses was a loss of 72.40 million yuan, compared to a loss of 114.49 million yuan in the same period last year, showing a 36.76% improvement [2]. - The net cash flow from operating activities was 117 million yuan, a significant increase of 315.70% year-on-year [1][2]. Future Projections - For the year 2024, the company is projected to achieve an operating income of 3.396 billion yuan, representing a year-on-year growth of 14.63% [2]. - The net profit attributable to shareholders for 2024 is expected to be a loss of 344 million yuan, worsening from a loss of 159 million yuan in 2023 [2]. - The net profit after deducting non-recurring gains and losses for 2024 is projected to be a loss of 367 million yuan, compared to a loss of 197 million yuan in 2023 [2]. - The net cash flow from operating activities for 2024 is anticipated to be a negative 26.67 million yuan [2]. Capital Raising Activities - Kexiang Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on November 5, 2020, raising a total of 562.89 million yuan [3]. - The company has conducted multiple rounds of fundraising, with a total of 1.71 billion yuan raised across three fundraising events [6]. - On August 15, the company announced a plan to raise up to 300 million yuan through a simplified procedure for issuing shares, with funds allocated for upgrading PCB production lines and supplementing working capital [6].