逸飞激光公告，2025年第一季度营收为2.36亿元，同比增长97.61%；净利润为907.73万元，同比下降 42.70%。 ...

Core Viewpoint - The company reported a decline in revenue and net profit for 2024 and Q1 2025, primarily due to falling product prices, which pressured both revenue and profitability [1][2]. Financial Performance - In 2024, the company achieved revenue of 3.197 billion yuan, a year-on-year decrease of 13.1%, and a net profit attributable to shareholders of 134 million yuan, down 38.2% [1]. - For Q1 2025, revenue was 715 million yuan, a decline of 10.7% year-on-year, with a net profit of 17 million yuan, down 73.4% [1]. - The overall gross margin for 2024 and Q1 2025 was 20.5% and 18.9%, respectively, reflecting a year-on-year decrease of 5.5 and 8.1 percentage points [2]. Business Segment Analysis - Revenue from continuous fiber lasers in 2024 was 2.527 billion yuan, down 14.76% year-on-year, with a gross margin of 18.77%, a decrease of 6.27 percentage points [2]. - Revenue from pulsed fiber lasers was 402 million yuan, down 8.25%, with a gross margin of 25.49%, a decrease of 1.06 percentage points [2]. - Special fibers generated 71 million yuan in revenue, down 5.96%, with a gross margin of 43.12%, an increase of 1.66 percentage points [2]. - Ultra-fast lasers saw revenue of 70 million yuan, up 2.33%, but with a gross margin of 31.33%, down 18.23 percentage points [2]. - The total shipment volume for the year reached 174,700 units, a year-on-year increase of 9.77%, with over 6,800 units of high-power lasers shipped, up nearly 20% [2]. Cost and Expense Analysis - The company experienced an increase in expense ratios due to declining revenues, with sales, management, R&D, and financial expense ratios rising by 0.3, 0.5, 1.9, and decreasing by 0.1 percentage points, respectively, in 2024 [3]. - For Q1 2025, the sales expense ratio decreased by 2.4 percentage points, while management, R&D, and financial expense ratios increased by 0.2, 1, and decreased by 0.6 percentage points, respectively [3]. - The net profit margin for 2024 and Q1 2025 was 4.2% and 2.4%, reflecting a year-on-year decrease of 1.7 and 5.6 percentage points [3]. Strategic Focus - The company is focusing on emerging industries and special fields, investing in R&D for semiconductor chip manufacturing, TGV processing, PCB material production, and plans to expand into laser radar, laser measurement, laser medical, and laser beauty sectors [3]. - The company is accelerating the implementation of its low-altitude laser anti-drone system project in special fields [4]. Profit Forecast and Valuation - Due to lower-than-expected product prices, the company has revised its 2025 net profit forecast down by 55.6% to 182 million yuan and introduced a 2026 net profit forecast of 296 million yuan [5]. - The current stock price corresponds to a price-to-earnings ratio of 53.1 times for 2025 and 32.6 times for 2026 [5]. - The target price has been adjusted down by 20.8% to 19.00 yuan, reflecting a price-to-earnings ratio of 59.0 times for 2025 and 36.2 times for 2026, indicating an upside potential of 11.0% from the current stock price [5].

2025-2031全球及中国激光模式轮廓仪行业深度监测及未来前景规划报告 【全新修订】：2025年4月 【出版机构】：中智信投研究网 【内容部分有删减·详细可参中智信投研究网出版完整信息！】 【免费售后 服务一年，具体内容及订购流程欢迎咨询客服人员 】 报告目录 1 激光模式轮廓仪市场概述 1.1 激光模式轮廓仪行业概述及统计范围 1.2 按照不同产品类型，激光模式轮廓仪主要可以分为如下几个类别 1.2.2 190-1100纳米 1.2.3 1440-1605纳米 1.2.4 其他 1.3 从不同应用，激光模式轮廓仪主要包括如下几个方面 1.3.1 全球不同应用激光模式轮廓仪规模增长趋势2020 VS 2024 VS 2031 1.3.2 研究机构 1.3.3 工业 1.3.4 其他 1.2.1 全球不同产品类型激光模式轮廓仪规模增长趋势2020 VS 2024 VS 2031 1.4 行业发展现状分析 1.4.1 激光模式轮廓仪行业发展总体概况 1.4.2 激光模式轮廓仪行业发展主要特点 1.4.3 激光模式轮廓仪行业发展影响因素 1.4.3.1 激光模式轮廓仪有利因素 1.4.3.2 激光模式轮廓仪不利因 ...

Core Viewpoint - The company reported a revenue of 870 million yuan for Q1 2025, representing a year-on-year growth of 19.54% and a net profit of 46.92 million yuan, which is a significant increase of 65.12% compared to the previous year [1] Financial Performance - Revenue for Q1 2025 reached 870 million yuan, marking a 19.54% increase year-on-year [1] - Net profit for the same period was 46.92 million yuan, reflecting a 65.12% year-on-year growth [1]

二、前10名无限售条件股东持股情况 一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.3300 | 0.3800 | -186.84 | 0.7100 | | 每股净资产（元） | 11.92 | 12.65 | -5.77 | 12.67 | | 每股公积金(元) | 9.17 | 9.16 | 0.11 | 9.16 | | 每股未分配利润(元) | 1.58 | 2.22 | -28.83 | 2.25 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 7.15 | 5.82 | 22.85 | 5.68 | | 净利润(亿元) | -0.35 | 0.39 | -189.74 | 0.67 | | 净资产收益率(%) | -2.73 | 2.99 | -191.3 | 6.34 | 数据四舍五入，查看更多财务数据>> 前十大流通股东累计持有： 3338.08万股，累计占流通股比： ...

Financial Performance - In 2024, the company achieved a revenue of 2.014 billion CNY, a year-on-year increase of 25.20% [3] - The net profit for 2024 was 528 million CNY, reflecting a growth of 14.40% compared to the previous year [3] - The operating cash flow for 2024 was -164 million CNY, a decline of 121.09% year-on-year [3] - As of Q1 2025, the company reported a revenue of 561 million CNY, up 24.55% year-on-year [4] - The net profit for Q1 2025 was 163 million CNY, representing a 20.76% increase [4] Business Developments - The company has made significant technological breakthroughs in 2024, particularly in TOPCon and XBC laser technologies [4] - A major contract worth 1.229 billion CNY (excluding tax) was signed, expanding the product line and enhancing production capabilities [4] - The company has completed the shipment of TGV laser micro-hole equipment, achieving comprehensive coverage of laser technology for wafer-level and panel-level packaging [4] Market Position and Strategy - The company maintains a strong market position in the micro-level laser precision processing sector, particularly in the photovoltaic industry [3] - As of 2024, overseas revenue accounted for 9.5% of total revenue, with a focus on expanding production in Southeast Asia, Korea, and Europe [7] - The company is actively developing new laser welding processes for components, which enhance production efficiency and reduce material costs [9] Challenges and Outlook - The photovoltaic industry faced significant challenges in 2024, including capacity oversupply and increased pressure on profit margins [3] - The company anticipates a growing demand for BC (Back Contact) battery production, with an expected capacity expansion of 50-60 GW in 2025 [8] - The impact of US-China tariff policies on the company is limited, as exports to the US represent a small portion of total sales [5][6]

Group 1: Financial Performance - The net profit attributable to shareholders for Q1 is ¥163,470,377.43, a decrease of 83.47% compared to the same period last year, primarily due to a one-time gain from the disposal of shares in Dazhu Siter amounting to approximately ¥890 million in the previous year [3] - The net profit excluding non-recurring gains for Q1 is ¥71,901,945.12, an increase of 1,388.37% year-on-year, indicating no actual decline in performance [3][5] - The inventory turnover rate for 2023 is approximately 2.16, projected to increase to 2.41 in 2024, with measures in place to enhance inventory management [6] Group 2: Business Segments and Revenue - The general industrial laser processing equipment business achieved revenue of ¥5.971 billion, primarily from high-power laser cutting and welding equipment, as well as mid- and low-power laser marking and cutting equipment [3] - The company’s self-produced components, including laser devices and cooling systems, generated external sales of nearly ¥200 million in 2024 [6] - The overseas revenue proportion reached 14.26% in 2024, an increase of 88% compared to 2023, reflecting successful market expansion efforts [6] Group 3: Strategic Insights and Market Position - The company focuses on intelligent manufacturing equipment and key components, maintaining a vertical integration advantage and leveraging industry policy support [3] - In the semiconductor sector, the company provides various intelligent manufacturing equipment, with a high degree of localization achieved in core components [7] - The company is actively pursuing market opportunities in the electric vehicle sector, collaborating with leading manufacturers like BYD and Great Wall Motors [5] Group 4: Future Outlook and Challenges - The company is developing strategies to enhance profitability in consumer electronics and PCB equipment by innovating product offerings and improving production processes [5] - The anticipated compound growth rates for the PCB industry in Southeast Asia are projected at 7.1%, surpassing China's 4.3%, indicating a shift in market dynamics [4] - The company is formulating a market value management system in accordance with regulatory guidelines to address stock price volatility and enhance shareholder value [5][7]

一、主要会计数据和财务指标 前十大流通股东累计持有： 304.79万股，累计占流通股比： 11.16%，较上期变化： -132.99万股。 10转2股 | 名称 | | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | --- | | | | | (%) | 股) | | 金中义 | | 158.20 | 5.79 | -79.58 | | 长城证券（002939）股份有限公司客户信用交易担保 | | | | | | 77.59 | 证券账户 | | 2.84 | 新进 | | 壮卫峰 | | 69.00 | 2.53 | -31.00 | | 较上个报告期退出前十大股东有 | | | | | | 100.00 | 孙仅 | | 3.66 | 退出 | | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.1100 | 0.4700 | -123.4 | 0.5900 | | 每股净资产（元） | 4. ...

4月24日，英诺激光发布2024年度业绩报告称，报告期内，通过全体员工的创新和拼搏，公司的存量业务稳步增长，新业务收入增量提速，营业收入创历史 新高，全年实现营业总收入约为4.47亿元，同比增长约21.41%；随着收入增长和毛利率稳定保持同行较高水平，前期因新业务投入对业绩的短期影响得到有 效化解，公司已于2024年第二季度起实现单季盈利，全年实现归属于上市公司股东的净利润约为2,183.18万元。 | | 2024 年 | 2023 年 | 本年比上年增减 | 2022年 | | --- | --- | --- | --- | --- | | 营业收入(元) | 446, 679, 865. 10 | 367, 902, 556. 51 | 21. 41% | 319, 761, 152. 14 | | 归属于上市公司股东 | 21, 831, 755. 73 | -4, 499, 211. 46 | 585. 24% | 22, 573, 646. 90 | | 的净利润(元) | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 9,516,566.24 | -13,783,657.09 ...

前十大流通股东累计持有： 9322.52万股，累计占流通股比： 61.53%，较上期变化： -807.67万股。 | 名称 | 持有数量(万股) | 占总股本 | 增减情况 | | --- | --- | --- | --- | | | | 比例(%) | (万股) | | 德泰国际投资集团有限公司 | 4116.90 | 27.18 | -141.10 | | 深圳红粹投资企业(有限合伙) | 3620.00 | 23.90 | -277.00 | | 深圳荟商投资企业(有限合伙) | 1003.00 | 6.62 | 不变 | | 淮安艾泰投资合伙企业(有限合伙) | 156.44 | 1.03 | -204.56 | | 陆文革 | 144.31 | 0.95 | -116.39 | | 庄怡 | 100.01 | 0.66 | -31.46 | | 夏延开 | 50.00 | 0.33 | -10.00 | | 李秀根 | 47.31 | 0.31 | 新进 | | 广州印迹信息科技有限公司 | 44.55 | 0.29 | 新进 | | 深圳市国隆资本股权投资管理有限公司-深圳市启赋国隆中小 | | ...