2023-04-27-上交所-三安光电股份有限公司2023年第一季度报告_10页_300kb

San'an Opto Electronics 600703 2023 Q1 Financial Performance Summary

Key Financial Highlights

• Revenue: 2,907,714,084.05 yuan, down by 6.42% compared to the same quarter in 2022.
• Net Profit: 213,541,673.83 yuan, declining by 50.22% due to slow business recovery and rising costs.
• Earnings Per Share (EPS): 0.04 yuan, reduced by 60% mainly from decreased profitability.
• Return on Equity (ROE): 0.56%, a decrease of 0.84 percentage points.
• Assets and Liabilities: Total assets fell by 2.92%, while shareholder equity grew by 0.55%.

Reasons for Performance Decline

• Slow consumer demand recovery impacting LED and RF front-end businesses, resulting in underutilized capacity and lower profit margins.
• Despite improvements in power electronics and optoelectronics segments, the positive impact was insufficient to offset overall losses.
• High non-recurring income from government subsidies affected financials positively.

Additional Information

• The report was not audited.
• Top shareholders include entities like厦门三安电子有限公司 and基金/institutional investors, with the controlling shareholder being福建三安集团有限公司.

Financial Statement Notes

• Detailed financials show cash flow使用網路 characters but key metrics like operating activities cash flow was less negative than in prior quarters.