Zhong Guo Jing Ji Wang·2025-10-18 06:44Core Viewpoint - Juguang Technology (688167.SH) reported a revenue of 393 million yuan for the first half of 2025, marking a year-on-year increase of 26.20%, while the net profit attributable to shareholders was a loss of 24.94 million yuan, an improvement from the previous year's loss of 28.12 million yuan [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 was 393,766,073.03 yuan, up 26.20% from 311,215,181.58 yuan in the same period last year [2]. - The total profit for the period was a loss of 51,541,526.48 yuan, compared to a loss of 31,669,050.27 yuan in the previous year [2]. - The net profit attributable to shareholders was a loss of 24,940,711.26 yuan, improving from a loss of 28,119,230.48 yuan year-on-year [2]. - The net profit after deducting non-recurring gains and losses was a loss of 26,980,758.30 yuan, compared to a loss of 32,478,787.71 yuan in the previous year [2]. - The net cash flow from operating activities was 15,894,520.38 yuan, a significant improvement from a negative cash flow of 3,950,289.27 yuan in the same period last year [2]. Asset and Equity Position - As of the end of the reporting period, the net assets attributable to shareholders were 2,144,638,529.39 yuan, an increase from 2,111,945,613.64 yuan at the end of the previous year [2]. - The total assets amounted to 2,970,287,552.46 yuan, reflecting a slight increase of 0.88% from 2,944,307,858.53 yuan at the end of the previous year [2]. Company Background - Juguang Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 24, 2021, with an initial public offering of 22.49 million shares at a price of 78.69 yuan per share [3]. - The total funds raised from the IPO amounted to 1.77 billion yuan, with a net amount of 1.63 billion yuan, exceeding the originally planned fundraising by 622 million yuan [3]. - The funds were intended for projects including the Dongguan Micro-Optics and Applications Project (Phase I), LiDAR Emission Module Industrialization Project, R&D Center Construction Project, and working capital [3].