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[Main Financial Data](index=1&type=section&id=Main%20Financial%20Data) In Q1 2024, the company's operating revenue increased by 5.48% year-on-year, but net profit attributable to shareholders decreased by 6.76%, with net cash flow from operating activities turning negative due to increased bill discounting and tax payments | Indicator | Current Period | Year-on-Year Change (%) | | :--- | :--- | :--- | | Operating Revenue | $980.25 million | 5.48% | | Net Profit Attributable to Shareholders | $215.55 million | -6.76% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | $203.18 million | -11.64% | | Net Cash Flow from Operating Activities | -$68.01 thousand | -100.30% | | Basic Earnings Per Share ($/share) | $0.96 | -6.72% | | Weighted Average Return on Net Assets | 4.48% | Decreased by 1.03 percentage points | | **Indicator** | **End of Current Period** | **Change from End of Last Year (%)** | | Total Assets | $6.54 billion | 3.65% | | Equity Attributable to Shareholders | $4.91 billion | 4.58% | - During the reporting period, net cash flow from operating activities decreased by **100.30%** year-on-year, primarily due to bill discounting and tax payments[6](index=6&type=chunk) - Total non-recurring gains and losses for the period amounted to **$12.38 million**, mainly from government grants (**$11.33 million**) and fair value changes and disposal gains of financial assets (**$1.79 million**)[5](index=5&type=chunk) [Shareholder Information](index=3&type=section&id=Shareholder%20Information) As of the end of the reporting period, the company had 18,060 common shareholders, with a diversified equity structure among its top ten shareholders - As of the end of the reporting period, the company had **18,060** common shareholders[7](index=7&type=chunk) | Shareholder Name | Shareholder Type | Holding Percentage (%) | | :--- | :--- | :--- | | Xiamen Fara Development Co., Ltd. | Domestic Non-State-Owned Legal Person | 37.33% | | Hong Kong Securities Clearing Company Limited | Unknown | 6.55% | | Xiamen C&D Group Co., Ltd. | State-Owned Legal Person | 5.25% | | National Social Security Fund 406 Portfolio | Unknown | 3.72% | | China Construction Bank - Qianhai Open Source Public Utility Industry Stock Investment Fund | Unknown | 3.23% | [Other Reminders](index=5&type=section&id=Other%20Reminders) The company has no other significant information regarding its operations that requires special attention from investors during this reporting period - The company has no other significant operational information requiring investor attention during the reporting period[9](index=9&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=Quarterly%20Financial%20Statements) This section includes the company's unaudited consolidated balance sheet, income statement, and cash flow statement for Q1 2024, comprehensively reflecting its financial position, operating results, and cash flows - The company's Q1 2024 financial statements are unaudited[3](index=3&type=chunk)[10](index=10&type=chunk) [Consolidated Balance Sheet](index=6&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2024, total assets were $6.54 billion and equity attributable to shareholders was $4.91 billion, both showing stable growth, with notable increases in trading financial assets and accounts receivable financing | Key Balance Sheet Items | March 31, 2024 ($) | December 31, 2023 ($) | Change (%) | | :--- | :--- | :--- | :--- | | Cash and Bank Balances | $392.05 million | $593.23 million | -33.91% | | Trading Financial Assets | $762.09 million | $512.09 million | 48.82% | | Accounts Receivable | $1.20 billion | $1.14 billion | 5.56% | | Inventories | $625.19 million | $671.24 million | -6.86% | | Fixed Assets | $1.50 billion | $1.49 billion | 0.45% | | **Total Assets** | **$6.54 billion** | **$6.31 billion** | **3.65%** | | Notes Payable | $818.59 million | $725.99 million | 12.76% | | **Total Liabilities** | **$1.57 billion** | **$1.55 billion** | **0.95%** | | **Total Equity Attributable to Parent Company Shareholders** | **$4.91 billion** | **$4.70 billion** | **4.58%** | [Consolidated Income Statement](index=9&type=section&id=Consolidated%20Income%20Statement) In Q1 2024, operating revenue increased by 5.48% to $980 million, but net profit attributable to the parent company decreased by 6.76% to $216 million, primarily due to rising operating costs and a shift in financial expenses | Key Income Statement Items | Q1 2024 ($) | Q1 2023 ($) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | $980.25 million | $929.33 million | 5.48% | | Operating Costs | $655.63 million | $579.41 million | 13.16% | | R&D Expenses | $37.30 million | $33.89 million | 10.06% | | Financial Expenses | $1.90 million | -$5.97 million | Not applicable | | Operating Profit | $248.40 million | $265.36 million | -6.39% | | **Net Profit Attributable to Parent Company Shareholders** | **$215.55 million** | **$231.17 million** | **-6.76%** | | **Basic Earnings Per Share ($/share)** | **$0.96** | **$1.03** | **-6.80%** | - Financial expenses shifted from a gain of **$5.97 million** in the prior year to an expense of **$1.90 million** this period, primarily due to interest income decreasing from **$9.76 million** in the prior year to **$1.20 million** this period[18](index=18&type=chunk) [Consolidated Cash Flow Statement](index=11&type=section&id=Consolidated%20Cash%20Flow%20Statement) Net cash flow from operating activities was -$68 thousand, a 100.30% year-on-year decrease, turning negative due to increased taxes paid, while net cash outflow from investing activities narrowed to $199 million | Key Cash Flow Items | Q1 2024 ($) | Q1 2023 ($) | Y-o-Y Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -$68.01 thousand | $22.41 million | -100.30% | | Net Cash Flow from Investing Activities | -$199.76 million | -$227.37 million | 12.15% | | Net Cash Flow from Financing Activities | -$83.42 thousand | -$20.28 thousand | -311.36% | | Net Increase in Cash and Cash Equivalents | -$201.18 million | -$205.26 million | 1.99% | | **Cash and Cash Equivalents at Period-End** | **$392.05 million** | **$323.03 million** | **21.37%** | - Among operating cash outflows, "taxes and surcharges paid" significantly increased from **$38.15 million** in the prior year to **$85.87 million**, a key factor contributing to the negative net operating cash flow[22](index=22&type=chunk)

厦门法拉电子股份有限公司 2023 年度股东大会会议资料 （股票代码：600563） 2024 年 4 月 29 日 1 目 录 2 一、2023 年度股东大会议程 二、议案一《2023 年度董事会工作报告》 三、议案二《2023 年度监事会工作报告》 四、议案三《2023 年度财务报告》 五、议案四《2023 年度独立董事述职报告》 六、议案五《2023 年度利润分配的预案》 七、议案六《2023 年年度报告》及报告摘要 八、议案七《关于续聘会计师事务所并确定其报酬的议案》 九、议案八《未来三年（2024-2026 年）股东回报规划》 2023 年年度股东大会会议议程 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东大会召开当日的交易 时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票平台的投票时间为股东大会召开当 日的 9:15-15:00。 3 一、股东大会召开时间： （一）现场会议召开时间：2024 年 4 月 29 日 （二）网络投票时间：2024 年 4 月 29 日 二、现场会议地点：厦门市海沧区新园路 99 号公司办公楼 三、股东大 ...

证券代码：600563 证 券 简 称 ：法 拉 电 子 公 告 编 号 ：20 24-00 8 厦门法拉电子股份有限公司 关于召开 2023 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重 要 内 容 提示： 会 议 召 开 时 间 ： 20 24 年 0 4 月 1 5 日 (星 期 一 ) 下 午 16:0 0-17: 00 会 议 召 开 地 点 ： 上海证券 交 易 所 上 证 路 演 中 心 （ 网 址 ： 一 、 说明会类型 本 次 投 资 者 说 明 会 以 网 络 互 动 形 式 召 开 ， 公 司 将 针 对 20 23 年 度 的 经 营 成 果 及 财 务 指 标 的 具 体 情 况 与 投 资 者 进 行 互 动 交 流 和 沟 通 ，在 信 息 披 露 允 许 的 范 围 内 就 投 资 者 普 遍 关 注 的 问 题 进 行 回 答 。 二 、 说明会召开的时间、地点 （ 一 ） 会 议 召 开 时 间 ： 202 4 年 0 4 月 1 5 日 下 午 1 6: ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][7]. Core Views - The company achieved a revenue of 3.88 billion yuan in 2023, representing a year-on-year growth of 1.14%. The net profit attributable to the parent company was 1.02 billion yuan, with a year-on-year increase of 1.72% [4]. - The company is expected to benefit from the growth in the renewable energy sector, particularly in photovoltaic and electric vehicle markets, which are projected to drive future revenue growth [5][6]. - The company has successfully developed and produced its own metallized film materials for film capacitors, enhancing its competitive edge [6]. Financial Performance Summary - **Revenue Forecast**: - 2022: 3.836 billion yuan - 2023: 3.880 billion yuan - 2024: 5.001 billion yuan - 2025: 6.031 billion yuan - 2026: 7.027 billion yuan - Year-on-year growth rates: 36% (2022), 1% (2023), 29% (2024), 21% (2025), 17% (2026) [1]. - **Net Profit Forecast**: - 2022: 1.007 billion yuan - 2023: 1.024 billion yuan - 2024: 1.231 billion yuan - 2025: 1.467 billion yuan - 2026: 1.689 billion yuan - Year-on-year growth rates: 21% (2022), 2% (2023), 20% (2024), 19% (2025), 15% (2026) [1]. - **Earnings Per Share (EPS)**: - 2023: 4.55 yuan - 2024: 5.47 yuan - 2025: 6.52 yuan - 2026: 7.51 yuan [1]. - **Valuation Ratios**: - P/E ratios: 22.4 (2022), 22.0 (2023), 18.3 (2024), 15.3 (2025), 13.3 (2026) [1]. - P/B ratios: 5.5 (2022), 4.8 (2023), 3.8 (2024), 3.1 (2025), 2.5 (2026) [1]. Market Position and Strategy - The company is actively expanding its presence in the renewable energy market, focusing on photovoltaic, wind power, energy storage, and electric vehicle sectors [6]. - The company aims to maintain stable revenue growth while enhancing its market share in traditional markets and exploring new global opportunities [6][7].

电子/元件 公 司 研 法拉电子（600563.SH） 积极开拓新能源等高端市场，业绩有望稳步增长 究 2024年03月26日 ——公司信息更新报告 投资评级：买入（维持） 罗通（分析师） 刘天文（分析师） luotong@kysec.cn liutianwen@kysec.cn 证 书编号：S0790522070002 证书编号：S0790523110001 日期 2024/3/26 当前股价(元) 97.55  2023Q4业绩环比大幅提升，未来业绩有望稳步增长，维持“买入”评级 公 一年最高最低(元) 153.88/80.20 公司 2023 年实现营收 38.80 亿元，同比+1.14%；归母净利润 10.24 亿元，同比 司 +1.72%；扣非净利润9.99亿元，同比+2.47%；毛利率38.58%，同比+0.27pcts。 信 总市值(亿元) 219.49 息 流通市值(亿元) 219.49 2023Q4单季度实现营收10.08亿元，同比-1.10%，环比+12.07%；归母净利润3.10 更 总股本(亿股) 2.25 亿元，同比-1.85%，环比+38.50%；扣非净利润 2.71 亿元，同比 ...

法拉电子（600563.SH）2023年年报点评 23 年业绩符合预期，盈利能力改善 2024年03月23日 ➢ 事件：2024年3月22日，公司发布2023年年度报告。23年实现营业收 推荐 维持评级 入38.80亿元，同比增长1.14%，其中内销收入28.71亿元，同比增长1.73%， 当前价格： 102.50元 出口收入9.30亿元，同比增长0.71%；归属于上市公司股东的净利润10.24亿 元，同比增长 1.72%；归属于上市公司股东的扣除非经常性损益的净利润 9.99 亿元，同比增长2.47%；基本每股收益4.55元。 [Table_Author] 单季度来看，23Q4公司实现收入10.08亿元，同比减少1.1%，环比增长12.07%； 实现归母净利润3.1亿元，同比减少1.85%，环比增加38.5%；实现扣非净利润 2.71亿元，同比减少2.08%，环比增加23.63%。 ➢ 盈利能力改善，费用管控良好。 1）盈利能力情况，23 年毛利率和净利率分别为 38.58%/26.49%，分别同比变 化0.27pct/-0.11pct，毛利率相较于22年有所改善，公司盈利能力企稳，得益 分析师 邓永康 于 ...

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 1,024,049,476.14 in 2023, representing a 1.72% increase from RMB 1,006,777,692.24 in 2022[4] - Total operating revenue for 2023 was RMB 3,879,793,275.80, a slight increase of 1.14% compared to RMB 3,836,216,258.99 in 2022[11] - The net cash flow from operating activities increased by 8.05% to RMB 1,124,943,191.49 in 2023 from RMB 1,041,171,096.77 in 2022[11] - The company reported a net profit excluding non-recurring gains and losses of RMB 998,996,662.85, which is a 2.47% increase from RMB 974,914,659.24 in 2022[11] - The company reported a significant increase in investment income to RMB 40,543,926.52 in 2023, compared to a loss of RMB 9,332,575.42 in 2022[114] - The total comprehensive income for 2023 was CNY 1,026,879,410.48, slightly up from CNY 1,005,523,488.71 in 2022[118] Assets and Liabilities - The company's total assets grew by 11.20% to RMB 6,305,733,192.07 at the end of 2023, compared to RMB 5,670,485,839.54 at the end of 2022[11] - Total liabilities increased to ¥1,550,766,617.64 from ¥1,528,688,419.51, a rise of approximately 1.4%[110] - The company's retained earnings rose to ¥4,056,357,628.28 from ¥3,437,308,152.14, an increase of about 18.0%[110] - Current assets decreased to ¥3,426,666,044.05 from ¥4,192,063,332.75, a decline of about 18.3% year-over-year[109] - Cash and cash equivalents decreased by 56.64% to RMB 593,233,319.98, accounting for 9.41% of total assets[34] Shareholder Returns - The company plans to distribute a cash dividend of RMB 20 per 10 shares, totaling RMB 450,000,000.00, based on the year-end share capital of 22,500,000 shares[4] - The total cash dividend distributed for the 2022 fiscal year was RMB 405,000,000, with a proposed dividend of RMB 20 per 10 shares for the 2023 fiscal year, totaling RMB 450,000,000[59] - The company declared a cash dividend of 4.50 RMB per share, which represents 43.94% of the net profit attributable to ordinary shareholders in the consolidated financial statements[62] Research and Development - Research and development expenses amounted to CNY 141,291,508.93, representing 3.64% of total operating revenue[32] - The company employed 494 R&D personnel, accounting for 11.83% of the total workforce[33] - The company has allocated 5 million yuan for research and development of new technologies in the upcoming year[49] Market Strategy and Expansion - The company is actively expanding into high-end clients in sectors such as new energy vehicles, photovoltaics, and industrial control[19] - The company aims to further expand into global renewable energy markets, including electric vehicles, photovoltaics, and energy storage[38] - The company plans to expand its market presence by entering three new regions by the end of 2024[49] Governance and Compliance - The company held four board meetings during the reporting period, adhering to the regulations and ensuring transparency in governance[41] - The audit committee closely monitored the preparation of all periodic reports throughout 2023, ensuring compliance and accuracy[41] - The company emphasizes the importance of maintaining independence from its controlling shareholders, with no guarantees or non-operational fund usage reported[42] Environmental Responsibility - The company is committed to environmental protection and has increased investments in eco-friendly initiatives, responding to national energy-saving and emission-reduction calls[41] - The company has established a comprehensive environmental risk management system and regularly conducts inspections of pollution control facilities[72] - The company established a solar photovoltaic power station with a capacity of 4.32 MW, generating approximately 5.2 million kWh annually, contributing to a reduction of 1,463 tons of CO2 emissions[81] Employee Management - The company has implemented a training program aimed at improving employee skills and overall quality, covering various aspects including management and technical training[58] - The company has established a structured compensation management system to incentivize employees based on performance and responsibilities[57] Financial Management - The company reported a decrease in financial expenses from CNY -51,101,024.64 to CNY -7,453,252.17, indicating improved financial management[31] - The company has established effective internal control systems, ensuring compliance with laws and regulations, and safeguarding the interests of shareholders[64] Risk Management - Major risks include fluctuations in raw material prices, export market risks, and exchange rate changes[39] - The company has not reported any significant deficiencies in internal control during the reporting period[64] Corporate Structure - The company holds a 40% stake in Shanghai Meixing Company, maintaining effective control over its operations and decision-making processes[65] - The company has not reported any significant changes in governance compared to regulatory requirements[41] Accounting Policies - The financial statements are prepared based on the going concern principle, adhering to the accounting standards issued by the Ministry of Finance[132] - The company recognizes revenue upon the transfer of control of goods to customers, with specific recognition points based on customer type and location[169]

证券代码：600563 证券简称：法拉电子 编号： 2024-002 厦门法拉电子股份有限公司 第九届董事会 2024 年第一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 董事会会议召开情况 （一）本次董事会会议的召开符合《公司法》等有关法律、法规、规章以及 《公司章程》的有关规定。 （二）厦门法拉电子股份有限公司（以下简称"公司"）于 2024 年 3 月 11 日 以专人送达、传真或邮件的方式向全体董事发出关于召开公司第九届 2024 年第一 次董事会会议的通知。 （三）本次董事会会议于 2024 年 3 月 21 日以现场表决方式召开。 （四）本次董事会会议应到董事 9 人，实到董事 9 人，公司监事及高管人员 列席了会议。 （五） 本次董事会会议的主持人为董事长卢慧雄先生。 二、 董事会会议审议情况 与会董事经过认真审议，以同意 9 票，反对 0 票，弃权 0 票，一致通过了 以下决议： （一）、《2023 年度董事会工作报告》，并同意提交股东大会审议表决。 （二）、《2023 年度财务报告》， ...

关于厦门法拉电子股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 1、 专项审计报告 2、 附表 委托单位：厦门法拉电子股份有限公司 审计单位：安永华明会计师事务所（特殊普通合伙） 联系电话：010-58153145 Ernst & Young Hua Ming LLF Level 17 Frnst & Young Towe Oriental Plaza, 1 East Chang An Aven onachena District Beiling, China 100738 分永华明会计师事务所(特殊普通合公众 中国北京市东城区东长安街 1 h 场安永大楼 17 目 K的编码· 100738 el 电话:+86 10 5815 3000 传直:+86 10 8518 8298 非经营性资金占用及其他关联资金往来情况的专项说明 安永华明(2024)专字第70043399 M02号 厦门法拉电子股份有限公司 厦门法拉电子股份有限公司董事会: 我们审计了厦门法拉电子股份有限公司的2023年度财务报表,包括2023年12月31日的合并 及公司资产负债表,2023年度的合并及公司利润 ...