Financial report express: Huacan Optoelectronics will have a net loss of 611 million yuan in 2024

On March 26, the A-share listed company Huacan Optoelectronics (300323) released its 2024 annual performance report, which showed a net loss of 611 million yuan, a year-on-year decrease of 27.73%. According to the Flush Financial Diagnostic Model's comprehensive calculation and tracking analysis of more than 1,200 financial indicators for the current period and the past five years, Huacan Optoelectronics' overall financial status in the past five years has been lower than the industry average. Specifically, its growth ability and debt repayment ability are average, its operating ability is good, and its asset quality is excellent. Net loss was 611 million yuan, a year-on-year loss reduction of 27.73% In terms of revenue and profit, the company achieved total operating income of 4.126 billion yuan during the reporting period, a year-on-year increase of 42.11%, a net loss of 611 million yuan, a year-on-year decrease of 27.73%, and basic earnings per share of -0.38 yuan. In terms of assets, during the reporting period, the company's total assets at the end of the period were 12.658 billion yuan, and accounts receivable were 1.009 billion yuan; in terms of cash flow, the net cash flow generated from operating activities was 112 million yuan, and the cash received from selling goods and providing services was 3.542 billion yuan.