Jiwei Network News (Wen/Chen Wei) On April 27, China Optics released the first quarter report of 2022, saying that the company's Q1 operating income was 849 million yuan, an increase of 2.03% year-on-year; the net profit attributable to the shareholders of the listed company was a loss of 28.89 million yuan, a year-on-year change from profit to loss; net profit loss after deducting non-recurring gains and losses was 32.4512 million yuan, an increase of 1026.59% year-on-year.
In addition, the operating profit decreased by -339.9395 million yuan year-on-year, down 667.69%, mainly due to changes in the product structure in the current period, the proportion of high value-added products decreased year-on-year, and the gross profit of products could not cover fixed costs and period expenses.
It is reported that Based on optics, China Optics is committed to the development of optical mechatronics, aiming at projection display, security monitoring, photoelectric defense, functional coating, forming a complete industrial chain extending from optical components and components to the whole machine and system integration services, and focusing on creating the "COSTAR" brand of China Optics. After years of accumulation, it has a number of key core technologies of optoelectronics, and has formed a strong competitiveness in product research and development, process technology, equipment manufacturing and large-scale production, quality assurance capabilities and customer resources.
In 2022, optical R&D investment accounted for 6% of operating income; 55 patent applications were accepted in the year, including 33 invention patents.
Looking forward to the future, China Optics should give full play to the advantages of coating technology and large-scale manufacturing of optical components in the optical component business, and strongly promote the transformation and upgrading of product structure and customer structure. Lenses should actively respond to the production and delivery of the top ten customers, ensure that the monthly delivery rate is more than 90%, and accelerate the follow-up of new in-vehicle businesses such as AR-HUD, lidar, and smart headlights. Prism should seize the opportunity of mobile phone prism to achieve mass production of huawei, millet, Samsung and other terminal new models. OLPF should be guided by large customers to carry out market development and quickly respond to the needs of key customers. Special components should accelerate the research and development and market development of aspheric surfaces, strong lasers and other products, and quickly promote the injection molding optical components project.
In addition, in the optical lens business, China Optics should deepen strategic cooperation with key customers of Xinhua and Kyocera, actively promote "whole zero collaboration", and achieve a scale of 10 million yuan in annual supporting revenue with Changan Automobile. In terms of projection machine business, we focus on improving quality and efficiency, and vigorously increase the proportion of independent brands and ODM business. The first is to improve the service level and response speed of corresponding to large customers; the second is to accelerate the technical upgrading of existing product lines and build ODM and e-commerce platform independent brand product lines; the third is to expand the single-chip LCD market, promote Amazon e-commerce business, and carry out tri-color laser and LCoS technology pre-research; the fourth is to focus on key projects to strengthen the collaborative research and development project management of the three places.
(Proofreading/Andy)