---
title: "Xinguang Optic-Electronics issued a profit warning, expecting a net loss attributable to the parent company of RMB 19 million to 23 million in the first half of the year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250938612.md"
description: "Xinguang Optic-Electronics expects a net loss attributable to the parent company of RMB 19 million to 23 million in the first half of 2025, mainly due to a year-on-year decline of approximately 65.89% in revenue from optical targets and simulation systems. The system-level projects undertaken by the company are still in the production stage and have not met acceptance conditions, with concentrated delivery expected in the second half of the year. Despite the decrease in operating revenue, the gross profit level is insufficient to cover expenses, but sales, management, and R&D expenses have decreased year-on-year, and credit impairment losses have decreased by 121.20%"
datetime: "2025-07-31T08:01:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250938612.md)
  - [en](https://longbridge.com/en/news/250938612.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250938612.md)
---

# Xinguang Optic-Electronics issued a profit warning, expecting a net loss attributable to the parent company of RMB 19 million to 23 million in the first half of the year

According to the Zhitong Finance APP, Xinguang Optic-Electronics (688011.SH) announced a pre-loss forecast for the first half of 2025, expecting a net loss attributable to shareholders of the listed company of 19 million to 23 million yuan. The main reason for the decline in operating income during the reporting period is that the revenue from optical targets and simulation systems decreased by approximately 65.89% compared to the previous year, mainly because the system-level projects undertaken by the company are still in the production and debugging stages. The products delivered to customers involve large system coordination and testing, which have not yet met acceptance conditions, and the project acceptance cycle is long, with expected concentrated delivery in the second half of the year. Due to the year-on-year decrease in operating income, the gross profit level is insufficient to cover the company's various expenses, resulting in a loss for the current period. At the same time, during the reporting period, the company improved operational quality, and total sales expenses, management expenses, and research and development expenses decreased year-on-year; the company intensified collection efforts, and credit impairment losses decreased by approximately 121.20% year-on-year. These factors combined led to a slight decline in net profit attributable to the parent company during the reporting period despite a significant decrease in revenue

### Related Stocks

- [688011.CN](https://longbridge.com/en/quote/688011.CN.md)

## Related News & Research

- [Best of BS Opinion: India-Nordic Summit marks wider shift in foreign policy](https://longbridge.com/en/news/287288013.md)
- [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md)
- [This New Solar Battery Stores Energy Without Lithium or the Grid](https://longbridge.com/en/news/287211325.md)
- [Europe-China spacecraft launches to study Earth's 'invisible armour'](https://longbridge.com/en/news/286881963.md)
- [Wind and solar surpass gas in global power milestone](https://longbridge.com/en/news/287269790.md)