Workflow
光电股份(1)
600184NEO(600184)2024-10-27 16:27

Summary of the Conference Call for Northern Optoelectronics Co., Ltd. Q3 2024 Company Overview - Northern Optoelectronics Co., Ltd. is headquartered in Xi'an, Shaanxi, and is controlled by China North Industries Group Corporation. The company primarily engages in the research, production, and sales of products in two main business areas: optoelectronic defense and optoelectronic materials and components [1]. Financial Performance - For the first three quarters of 2024, the company reported a revenue of 1.044 billion yuan, representing a year-over-year decrease of 30.05% [1]. - The net profit for the same period was 1.11 million yuan, while the net profit excluding non-recurring items was a loss of 976,000 yuan [1]. - As of the end of Q3, the total assets of the company amounted to 4.352 billion yuan [1]. - The basic earnings per share were reported at -0.01 yuan [1]. Expenses Breakdown - Sales expenses for the period totaled 6.19 million yuan [1]. - Management expenses amounted to 11.064 million yuan [1]. - Research and development expenses were reported at 5.821 million yuan [1]. - Financial expenses showed a negative figure of 593,000 yuan [1]. Shareholder Information - As of the reporting period, the number of ordinary shareholders was 25,919, an increase of 727 compared to the previous reporting period [1]. - The top ten shareholders collectively held 317 million shares, accounting for 62.36% of the total shares [1]. Additional Notes - The company has two wholly-owned subsidiaries: Xi'an Northern Optoelectronics Technology Defense Co., Ltd. and Hubei Xinhua Optical Information Materials Co., Ltd. [1]. - Xinhua Company is recognized as a significant optical materials manufacturer and has been designated as a national intellectual property demonstration enterprise by the National Intellectual Property Administration [1]. - The company has received national and provincial-level recognition as a specialized and innovative small and medium-sized enterprise [1].