TFME(002156)
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通富微电(002156) - 2016 Q2 - 季度财报
2016-08-26 16:00
Financial Performance - The company's operating revenue for the first half of 2016 was ¥1,742,443,305.38, representing a 56.95% increase compared to ¥1,110,155,104.23 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥85,488,306.67, a slight increase of 1.62% from ¥84,125,221.20 in the previous year[19]. - The net cash flow from operating activities surged by 591.41% to ¥672,435,612.70, compared to ¥97,256,130.60 in the same period last year[19]. - Total assets at the end of the reporting period reached ¥10,443,727,181.34, marking a 60.38% increase from ¥6,511,942,944.85 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were ¥3,799,703,183.48, a 1.59% increase from ¥3,740,388,672.42 at the end of the previous year[19]. - The basic earnings per share decreased by 25.00% to ¥0.09, down from ¥0.12 in the same period last year[19]. - The diluted earnings per share also decreased by 25.00% to ¥0.09, compared to ¥0.12 in the previous year[19]. - The weighted average return on net assets was 2.26%, down from 2.98% in the same period last year, reflecting a decrease of 0.72%[19]. - The company reported a total profit of ¥118,263,859.43, an increase of 26.7% from ¥93,336,397.42 in the previous year[138]. - The company reported a total comprehensive income of ¥107,180,809.00, compared to ¥84,123,246.82 in the same period last year[140]. Acquisitions and Investments - The company completed the acquisition of 85% equity in AMD Suzhou and AMD Penang, significantly enhancing its production scale and market position[31]. - The company completed the acquisition of 85% equity in AMD Suzhou and AMD Penang, enhancing its competitiveness in the advanced packaging and testing sector[42]. - The acquisition of 85% equity in Advanced Micro Devices, Inc. for a transaction price of 278,823,000 RMB has been completed, which is expected to increase the company's business scale and enhance profitability[79]. - The acquisition is projected to improve the company's international influence and industry position, as well as provide access to advanced packaging and testing technologies[80]. - The company plans to use the raised funds for the acquisition of 85% equity in Advanced Micro Devices, Inc.'s subsidiaries in Suzhou and Penang[63]. Research and Development - Research and development expenses increased by 16.45% to ¥133,034,701.28, reflecting the company's commitment to innovation[38]. - The company has filed a total of 594 patents, with 64 new patents granted in the first half of 2016, including 33 invention patents in China[30]. Cash Flow and Liquidity - Cash and cash equivalents increased by 175.37% to ¥792,508,293.20, attributed to the expansion of the company's operational scale[38]. - The total cash inflow from investment activities was ¥1,722,937,352.23, while cash outflow was ¥4,760,509,141.95, resulting in a net cash flow from investment activities of -¥3,037,571,789.72[144]. - The net cash inflow from financing activities amounted to CNY 3,180,143,956.57, a significant increase compared to CNY 1,565,488,320.75 in the previous period, reflecting a growth of approximately 103.5%[145]. - The total cash and cash equivalents at the end of the period reached CNY 2,012,371,726.58, up from CNY 722,109,099.53 in the previous period, indicating an increase of about 178.5%[145]. Shareholder Information - The company implemented a cash dividend of 0.30 RMB per share and a capital reserve transfer of 3 shares for every 10 shares held, increasing total shares from 748,177,011 to 972,630,114[70]. - The total number of ordinary shareholders at the end of the reporting period was 71,052[119]. - The largest shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds 31.25% of shares, totaling 303,967,802 shares, with an increase of 71,333,402 shares during the reporting period[119]. - The total number of shares held by the top 10 shareholders reflects significant concentration, with the top two shareholders holding over 52% of the total shares[119]. Financial Position - Current liabilities totaled RMB 2,474,045,131.21, compared to RMB 1,559,789,260.14, marking an increase of approximately 58%[136]. - The total liabilities amounted to RMB 4,508,501,390.81, up from RMB 2,771,554,272.43, which is an increase of about 63%[136]. - The equity attributable to shareholders of the parent company increased to RMB 3,799,703,183.48 from RMB 3,740,388,672.42, showing a growth of approximately 1.6%[136]. - The total equity at the end of the year was RMB 3,784,831,172.77, an increase from RMB 3,724,651,894.89 at the end of the previous year, reflecting a growth of approximately 1.62%[153]. Governance and Management - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board[160]. - The company has appointed four new deputy general managers to meet operational needs, effective March 30, 2016[129]. - There were changes in some senior management personnel during the reporting period[104]. Market and Strategic Outlook - The company is actively expanding its customer base, with several well-known domestic and international manufacturers currently in the sample production phase[33]. - The company is exploring new strategies for market expansion and product development to enhance its competitive position[119]. - The company’s management has indicated a cautious outlook for the upcoming periods, emphasizing the need for careful financial management amidst market uncertainties[145].
通富微电(002156) - 2016 Q1 - 季度财报
2016-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2016 was ¥591,529,649.59, representing a 15.42% increase compared to ¥512,517,118.49 in the same period last year[8] - The net profit attributable to shareholders decreased by 10.39% to ¥31,066,208.19 from ¥34,668,122.76 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 28.11% to ¥11,522,296.43 from ¥16,027,760.37[8] - In Q1 2016, the company's operating revenue was CNY 591.53 million, an increase of 15.42% year-on-year, while net profit attributable to shareholders decreased by 10.39% to CNY 310.66 million[2] - The company expects net profit attributable to shareholders for the first half of 2016 to range between CNY 84.13 million and CNY 109.36 million, reflecting a year-on-year change of 0.00% to 30.00%[4] - The company anticipates that stable market demand and the release of benefits from fundraising projects will positively impact performance in the first half of 2016[4] Cash Flow and Investments - The net cash flow from operating activities increased by 25.75% to ¥93,470,064.25 compared to ¥74,330,030.26 in the previous year[8] - Cash received from operating activities increased by 233.92% year-on-year, mainly due to an increase in government subsidies[3] - Cash inflow from investment activities surged by 3732.89% year-on-year, primarily from the redemption of bank wealth management products[3] - Cash outflow for purchasing fixed assets and intangible assets increased by 57.61% year-on-year, indicating investment in capacity expansion[3] - Cash received from loans increased by 55.02% year-on-year, reflecting the company's efforts to expand production capacity[3] - The company confirmed investment income of CNY 4.62 million from bank wealth management products during the reporting period[2] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥7,027,798,172.48, a 7.92% increase from ¥6,511,942,944.85 at the end of the previous year[8] - The company's cash and cash equivalents increased by 45.20% compared to the beginning of the period, mainly due to the redemption of bank wealth management products[16] - Accounts receivable increased by 66.50% compared to the beginning of the period, primarily due to bank acceptance bills received at the end of March[16] - Prepayments increased by 273.73% compared to the beginning of the period, mainly due to increased prepayments for equipment and project costs[16] - The number of ordinary shareholders at the end of the reporting period was 50,776[12] - The largest shareholder, Nantong Huada Microelectronics Group Co., Ltd., held 31.25% of the shares, totaling 233,821,386 shares[12] Financial Expenses and Restructuring - Financial expenses increased by 94.55% year-on-year, primarily due to increased bank loans and interest accrued for investments in industrial guidance funds[2] - The company is currently undergoing a significant asset restructuring process[5]
通富微电(002156) - 2015 Q4 - 年度财报
2016-03-31 16:00
Financial Performance - The company's operating revenue for 2015 was ¥2,321,903,112.69, representing an increase of 11.06% compared to ¥2,090,685,769.17 in 2014[16] - The net profit attributable to shareholders for 2015 was ¥147,325,358.32, a growth of 21.93% from ¥120,824,422.34 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥18,601,509.15, which is a decrease of 60.67% compared to ¥47,290,142.96 in 2014[16] - The basic earnings per share for 2015 was ¥0.210, up 10.53% from ¥0.190 in 2014[16] - Total assets at the end of 2015 reached ¥6,511,942,944.85, marking a significant increase of 64.65% from ¥3,955,052,997.76 in 2014[16] - The net assets attributable to shareholders increased to ¥3,740,388,672.42, a rise of 58.19% from ¥2,364,489,470.95 in the previous year[16] - The net cash flow from operating activities for 2015 was ¥231,402,755.80, down 44.25% from ¥415,074,338.01 in 2014[16] - The weighted average return on equity for 2015 was 4.50%, a decrease of 0.73% from 5.23% in 2014[16] Market Expansion and Acquisitions - The company expanded its market presence by acquiring 85% stakes in AMD's Suzhou and Penang operations, enhancing its production capacity for high-end products[31] - The acquisition of 85% stakes in AMD's Suzhou and Penang packaging factories is expected to enhance the company's advanced packaging technology significantly[37] - If the acquisition of 85% stakes in AMD's Suzhou and Penang factories is completed, the expected revenue could reach CNY 5.152 billion, a growth of 121.87% from 2015[82] - The company is focusing on the automotive electronics market, which has seen strong demand compared to consumer and industrial products[78] Research and Development - The company has filed a total of 575 patents, with 219 granted, including 71 invention patents, showcasing its commitment to innovation[29] - The company’s R&D expenditure for the year was ¥266,489,511.04, a 64.16% increase compared to the previous year, representing 11.48% of total revenue[51] - The number of R&D personnel increased by 12.36% to 709, while the proportion of R&D personnel to total employees decreased by 0.87%[52] - The company has established partnerships with leading research institutions, enhancing its R&D capabilities and technological advancements[29] Government Support and Industry Position - The company received substantial government support, including 1.56 billion yuan for the Suzhou factory and 660 million yuan for the Hefei factory[39] - The company is positioned to benefit from national policies aimed at boosting the semiconductor industry, with an expected annual growth rate of 20% by 2020[32] - The Chinese government's "13th Five-Year Plan" aims for the semiconductor industry to achieve an average annual growth rate of 20% by 2020[76] - The company is positioned as a key player in the national integrated circuit industry, aligning with government initiatives to strengthen technological capabilities[76] Financial Management and Investments - The company successfully completed a non-public stock issuance, raising 1.28 billion yuan to support technology upgrades and production expansion[39] - The total investment amount for the reporting period reached RMB 172.6 million, a significant increase of 530.39% compared to RMB 27.38 million in the same period last year[59] - The company has a remaining balance of RMB 762.3 million in unused raised funds, with RMB 744.6 million allocated for specific projects and RMB 16.1 million from investment income[66] - The company has implemented strict management protocols for raised funds, ensuring compliance with regulatory requirements and protecting investor interests[67] Corporate Governance and Compliance - The domestic accounting firm engaged for auditing services is Deloitte Touche Tohmatsu, with a remuneration of 600,000 RMB and an audit service tenure of 11 years[102] - The company has maintained a stable management structure with no significant changes in key personnel during the reporting period[156] - The company has a strong emphasis on compliance and governance, with independent directors ensuring accountability and transparency in decision-making processes[160] - The company has established effective communication channels with shareholders to ensure their rights are respected and protected[176] Future Outlook and Strategic Goals - The company plans to achieve a revenue of CNY 2.908 billion in 2016, representing a growth of 25.24% compared to 2015[82] - The company aims to double its revenue over the next three years, emphasizing service, innovation, and customer satisfaction[82] - Future guidance estimates a revenue growth of 18% for the next fiscal year, driven by new product launches and market expansion[167] - The company plans to invest 50 million RMB in new product development and technology research in the upcoming year[167] Employee and Management Structure - The total number of employees in the company is 5,682, with 5,600 in the parent company and 82 in major subsidiaries[170] - The professional composition includes 4,015 production personnel, 1,544 technical personnel, 74 sales personnel, and 25 financial personnel[170] - The total remuneration for directors and senior management during the reporting period amounts to 658.53 million[169] - The company has established a performance evaluation system linking management compensation to business performance, with plans to explore more incentive mechanisms[178]
通富微电(002156) - 2015 Q3 - 季度财报
2015-10-30 16:00
Financial Performance - Operating revenue for the current period was CNY 585,433,800.31, a 3.02% increase year-on-year[7] - Net profit attributable to shareholders for the current period was CNY 37,669,221.74, a 2.74% increase year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -18,601,601.03, a decrease of 244.00% year-on-year[7] - Basic earnings per share for the current period was CNY 0.050, a decrease of 10.71% year-on-year[7] - Diluted earnings per share for the current period was CNY 0.050, a decrease of 10.71% year-on-year[7] - The weighted average return on net assets was 1.01%, a decrease of 0.57% year-on-year[7] - The company expects a net profit attributable to shareholders for 2015 to increase by 10.00% to 40.00%, estimating between ¥13,290.68 million and ¥16,915.42 million[20] Assets and Liabilities - Total assets increased by 44.41% to CNY 5,711,589,960.52 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 57.11% to CNY 3,714,831,499.44 compared to the end of the previous year[7] - Short-term loans rose by 50.71% to ¥709,515,340.00, driven by increased investment needs[18] - The company’s capital reserve increased by 104.91% to ¥2,250,652,714.06, primarily due to the premium from the private placement[18] - The company’s construction in progress surged by 349.93% to ¥727,333,039.94, reflecting ongoing projects in Suzhou and Hefei[18] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 170,770,111.79, an increase of 19.43%[7] - Cash received from tax refunds increased by 47.23% to ¥160,192,281.02, attributed to higher sales revenue[18] - The company’s cash flow from financing activities saw a significant increase of 1382.15%, totaling ¥1,636,906,584.18, due to a private placement of shares[18] - The company’s cash and cash equivalents increased by ¥151,363,374.34 during the reporting period, reversing a previous decline[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,785[11] Company Changes - The company has rebranded its wholly-owned subsidiary from "Jiangsu Tongfu Microelectronics Co., Ltd." to "Nantong Tongfu Microelectronics Co., Ltd."[25] Quarterly Performance - The company's operating revenue for the third quarter reached ¥1,695,588,904.54, representing a year-on-year increase of 9.60%[18] - Net profit for the third quarter was ¥121,699,350.27, up 41.38% compared to the same period last year[18]
通富微电(002156) - 2015 Q2 - 季度财报
2015-08-23 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was ¥1,110,155,104.23, representing a 13.42% increase compared to ¥978,834,124.12 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2015 was ¥84,125,221.20, a significant increase of 70.24% from ¥49,414,980.36 in the previous year[20]. - The basic earnings per share for the first half of 2015 was ¥0.12, up 71.43% from ¥0.07 in the same period last year[20]. - The total profit for the same period was CNY 9,333.64 million, which is a significant increase of 66.32% compared to the previous year[31]. - The net profit attributable to the parent company was CNY 8,412.52 million, marking a 70.24% year-on-year increase[31]. - The company reported a projected net profit for the first nine months of 2015 to be between RMB 120.51 million and RMB 137.73 million, representing a year-on-year increase of 40% to 60%[58]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,516,680,527.51, reflecting a 39.48% increase from ¥3,955,052,997.76 at the end of the previous year[20]. - The total liabilities increased to ¥1,809,580,097.48 from ¥1,576,066,843.73, indicating a rise of approximately 14.8%[120]. - The total equity rose significantly to ¥3,674,368,816.51 from ¥2,349,122,636.35, marking an increase of about 56.4%[120]. - The equity attributable to the parent company increased by 51.07% to CNY 369,920.44 million, while the asset-liability ratio decreased from 42.60% to 32.95%[97]. - The company's total liabilities amounted to RMB 1,817,476,130.96, compared to RMB 1,590,563,526.81 at the beginning of the period, marking an increase of about 14.3%[114]. Cash Flow - The net cash flow from operating activities for the first half of 2015 was ¥97,256,130.60, an increase of 11.94% compared to ¥86,880,992.28 in the same period last year[20]. - The cash flow from operating activities for the first half of 2015 was ¥966,476,274.49, compared to ¥805,607,678.68 in the previous period, indicating a growth of approximately 19.9%[126]. - The company reported a net increase in cash and cash equivalents of RMB 287,793,527.85, contrasting with a decrease of RMB 86,083,051.24 in the previous period[128]. - The total cash inflow from financing activities was RMB 1,837,680,089.07, compared to RMB 112,720,600.00 in the previous period, marking a substantial increase[131]. - The ending balance of cash and cash equivalents was RMB 722,109,099.53, up from RMB 537,044,353.34 at the end of the previous period[128]. Investments and R&D - R&D investment surged by 207.13% to CNY 114,238,739.84, reflecting the company's commitment to innovation[33]. - The company successfully raised CNY 1.28 billion through a private placement, strengthening its financial foundation for technology upgrades and production expansion[30]. - The company achieved a cumulative investment of RMB 17.81 million in the mobile smart communication and RF integrated circuit packaging testing project, which is 22.55% of the total committed investment of RMB 79 million[53]. - The company established the first domestic 12-inch 28nm advanced packaging production line, achieving a yield rate of 99.9%[29]. Shareholder Information - The company declared a cash dividend of ¥0.30 per 10 shares, totaling a distribution based on the current total share capital of 748,177,011 shares[6]. - The cash dividend represents 100% of the total profit distribution amount, with a distributable profit of 593,122,354.06 CNY[61]. - The company plans to distribute a cash dividend of 0.30 CNY per 10 shares, totaling 22,445,310.33 CNY (including tax) based on a share base of 748,177,011 shares[61]. - The total number of ordinary shareholders at the end of the reporting period was 47,377[99]. Governance and Compliance - The governance structure of the company complies with relevant laws and regulations, enhancing its operational integrity[66]. - The financial report for the first half of 2015 was not audited[87]. - The company has not made any adjustments to previous years' accounting data due to changes in accounting policies or corrections of accounting errors[20]. - The company has established a dedicated account for the management of raised funds, ensuring strict approval processes for their use[52]. Market Position and Strategy - The company operates in the semiconductor manufacturing sector, focusing on integrated circuit packaging and testing[145]. - The company is focused on strategic acquisitions and consolidations to enhance market position and operational efficiency[154]. - The company has engaged in derivative investments totaling 18,836.51 CNY, with a net investment amount of 8,992.32 CNY at the end of the reporting period[46]. Financial Reporting and Accounting - The company adheres to the accrual basis of accounting, reflecting its financial position accurately[148]. - The company has established a comprehensive consolidation scope based on control, ensuring accurate financial reporting of subsidiaries[156]. - The company applies the effective interest method for subsequent measurement of held-to-maturity investments, which are recorded at amortized cost[168]. - The company recognizes impairment for inventory when its cost exceeds its net realizable value, with provisions typically made on an individual item basis[188].
通富微电(002156) - 2015 Q1 - 季度财报
2015-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2015 was ¥512,517,118.49, representing a 14.67% increase compared to ¥446,951,233.97 in the same period last year[8] - Net profit attributable to shareholders was ¥34,668,122.76, a significant increase of 62.86% from ¥21,286,615.82 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥16,027,760.37, up 14.14% from ¥14,042,695.95 in the previous year[8] - The basic earnings per share increased to ¥0.05, reflecting a growth of 66.67% compared to ¥0.03 in the same period last year[8] - In Q1 2015, the company's operating revenue reached 512.52 million CNY, an increase of 14.67% year-on-year, with a net profit of 34.67 million CNY, up 62.86% from the previous year[18] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥4,044,850,177.76, a 2.27% increase from ¥3,955,052,997.76 at the end of the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 37,715[12] - The top two shareholders, Nantong Huada Microelectronics Group Co., Ltd. and Fujitsu (China) Co., Ltd., held 36.93% and 24.62% of shares, respectively[13] Borrowings and Financial Expenses - Short-term borrowings increased by 30.65% compared to the beginning of the period, primarily to meet the increased working capital needs for production expansion[17] - Long-term borrowings rose by 42.97% compared to the beginning of the period, also driven by the need for funds to expand production capacity[17] - Financial expenses rose by 40.95% year-on-year, mainly due to an increase in bank loans[18] Cash Flow Analysis - The company's cash flow from operating activities was ¥74,330,030.26, showing a slight increase of 2.72% from ¥72,360,021.62 year-on-year[8] - Cash outflow from operating activities increased by 31.67% year-on-year, driven by higher sales revenue leading to increased cash payments for goods and services[19] - Cash inflow from investment activities surged by 3038.11% year-on-year, primarily due to the recovery of equipment letter of credit deposits[19] - The net cash flow from investment activities increased by 190.78% year-on-year, attributed to capacity expansion and increased equipment investment[19] - Cash inflow from financing activities increased by 1065.18% year-on-year, primarily due to an increase in bank loans[20] - Cash outflow for repaying debts increased by 143.18% year-on-year, mainly due to higher bank loan repayments[21] Management and Future Expectations - Management expenses increased by 65.76% year-on-year, primarily due to increased R&D and technological transformation efforts[18] - The company expects net profit attributable to shareholders for the first half of 2015 to increase by 50.00% to 80.00%, ranging from 74.12 million CNY to 88.95 million CNY[23] - The company reported a 128.09% year-on-year increase in non-operating income, mainly from increased government subsidies recognized according to project progress[18]
通富微电(002156) - 2014 Q4 - 年度财报
2015-03-27 16:00
Financial Performance - The company's operating revenue for 2014 was CNY 2,090,685,769.17, representing an increase of 18.30% compared to CNY 1,767,322,278.64 in 2013[23] - The net profit attributable to shareholders for 2014 was CNY 120,824,422.34, a significant increase of 99.18% from CNY 60,660,291.84 in 2013[23] - The net cash flow from operating activities reached CNY 415,074,338.01, up by 34.14% from CNY 309,429,452.35 in the previous year[23] - The basic earnings per share for 2014 was CNY 0.19, which is an increase of 111.11% compared to CNY 0.09 in 2013[23] - Total assets at the end of 2014 amounted to CNY 3,955,052,997.76, reflecting a growth of 7.29% from CNY 3,686,188,070.23 at the end of 2013[23] - The net assets attributable to shareholders increased to CNY 2,364,489,470.95, a rise of 4.80% from CNY 2,256,122,777.31 in 2013[23] - The weighted average return on net assets for 2014 was 5.23%, up from 2.72% in 2013[23] - The company achieved a total revenue of CNY 2.091 billion in 2014, representing a year-on-year growth of 18.30% compared to 2013[38] - The sales volume of integrated circuit packaging and testing reached 1,011,214.07 million units, an increase of 17.30% year-on-year[38] Investment and Development - Research and development investment surged by 85.53% to CNY 162.34 million, up from CNY 87.50 million in 2013, reflecting the company's commitment to innovation[36] - The company plans to raise up to CNY 1.28 billion through a private placement to support further development and expansion[33] - The company has established a strategy office and a work style construction group to enhance its strategic planning capabilities[33] - The company is committed to technological innovation and aims to become a world-class provider of packaging and testing services in the integrated circuit sector[94] - The company plans to invest approximately 740 million yuan in facility construction, production equipment, and power supply in 2015 to meet operational goals and ongoing projects[98] Market Expansion - The company expanded its market presence, with sales in Taiwan reaching CNY 413 million, marking an impressive growth of 82% year-on-year[32] - The company will focus on expanding its market presence in North America, leveraging the establishment of a liaison office to develop relationships with local design companies[96] - The company aims to enhance its brand image through marketing efforts, including promotional events in Taiwan and the United States in 2015[97] - The company is focusing on enhancing its competitive capabilities and optimizing customer structure, particularly in the Taiwan and South Korea markets[94] Risks and Challenges - The company has highlighted risks related to industry and market fluctuations, new technology, and raw material supply[14] - The company acknowledges risks related to market fluctuations and plans to adjust product structures and accelerate technological innovation to mitigate these risks[98] - The company relies on imported materials for high-end packaging, which exposes it to risks related to supply and price fluctuations in the raw materials market[100] Corporate Governance - The company has established a sound organization for forward foreign exchange settlement and sales business to mitigate exchange rate fluctuation risks, increasing the scale from 60 million USD to 100 million USD[74] - The company has implemented strict approval processes for the use of raised funds to ensure dedicated use[80] - The board of directors operates independently, with no interference from the controlling shareholder, ensuring compliance with relevant laws and regulations[190] - The company has maintained a transparent information disclosure process, adhering to legal requirements and ensuring equal access to information for all shareholders[193] Social Responsibility - The company has actively engaged in social responsibility initiatives, including employee rights protection and environmental sustainability efforts[112] - The company donated 560,000 RMB to the Nantong Charity Association in 2014, actively participating in multiple charity projects[116] - The company has been recognized as a "Green Enterprise" for nine consecutive years, reflecting its commitment to environmental protection and sustainable development[115] Employee Management - The total number of employees as of December 31, 2014, was 4,725[183] - Production personnel accounted for 70.41% of the total workforce, with 3,327 employees[183] - The company implemented a labor contract system and provided various social insurance benefits to employees[185] - Employee training programs were tailored to enhance professional skills and knowledge, including safety and quality training for new hires[185] Related Party Transactions - The company engaged in related party transactions, with a total amount of 22,592.6 million RMB for guarantees provided by Nantong Huada Microelectronics Group Co., Ltd[129] - The company reported related party transactions with a total of 10,418.96 million RMB for sales business with Japan Fujitsu Co., Ltd[129] - The company has adhered to its commitments regarding related party transactions, ensuring no harm to the interests of non-related shareholders[144] Future Outlook - The global semiconductor market is expected to enter a new growth cycle, with IC Insights predicting that the market will peak in 2016 after recovering from the downturn in 2011-2012[89] - The demand for integrated circuit packaging and testing is projected to grow significantly, driven by the expansion of applications in computers, consumer electronics, and the Internet of Things[92] - The integrated circuit industry is expected to benefit from the rapid development of the Internet of Things, with the market size projected to reach RMB 750 billion by 2015[92]
通富微电(002156) - 2014 Q3 - 季度财报
2014-10-24 16:00
Financial Performance - Operating revenue for the period reached CNY 568,286,332.21, representing a year-on-year growth of 17.69%[8] - Net profit attributable to shareholders increased by 85.92% to CNY 36,664,959.13 for the period[8] - Basic earnings per share rose by 86.67% to CNY 0.0560[8] - Net profit attributable to shareholders of the parent company was 8,608 million CNY, reflecting a 94.85% increase year-on-year[18] - The company expects net profit attributable to shareholders for 2014 to range between 9,705.65 million CNY and 12,132.06 million CNY, representing a growth of 60.00% to 100.00% compared to 6,066.03 million CNY in 2013[28] Asset and Liability Changes - Total assets increased by 3.77% to CNY 3,825,241,690.50 compared to the end of the previous year[8] - The company’s long-term borrowings decreased by 46.46% compared to the beginning of the period, mainly due to the reclassification of some long-term borrowings to current liabilities[17] - Other receivables decreased by 84.63% compared to the beginning of the period, mainly due to a reduction in export tax rebates[16] - The company’s deferred income tax assets increased by 52.01% compared to the beginning of the period, mainly due to an increase in asset impairment provisions[16] - The company’s intangible assets increased by 39.14% compared to the beginning of the period, primarily due to an increase in land use rights[16] Cash Flow Analysis - The net cash flow from operating activities for the year-to-date period was CNY 142,986,290.19, down 10.51% compared to the previous year[8] - The company’s cash flow from investment activities decreased by 36.53% year-on-year, primarily due to the recovery of equity transfer payments from Toshiba Semiconductor (Wuxi) Co., Ltd. in the previous year[20] - The company’s cash flow from financing activities increased by 42.48% year-on-year, mainly due to a decrease in cash used for debt repayment[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,703[12] - The top shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds 36.93% of the shares, totaling 239,990,400 shares[12] Expenses and Subsidies - The company’s sales expenses increased by 40.90% year-on-year, primarily due to expanded scale and increased personnel costs, transportation fees, and travel expenses[18] - The company received government subsidies amounting to CNY 45,954,832.27 during the reporting period[9] - The net profit after deducting non-recurring gains and losses decreased by 23.92% to CNY 12,917,361.65 for the period[8] Return on Investment - The weighted average return on net assets increased to 1.58%, up from 0.70% in the previous year[8]
通富微电(002156) - 2014 Q2 - 季度财报
2014-08-22 16:00
Financial Performance - The company's operating revenue for the first half of 2014 was ¥978,834,124.12, representing a 19.97% increase compared to ¥815,925,818.86 in the same period last year[21]. - The net profit attributable to shareholders was ¥49,414,980.36, a significant increase of 102.05% from ¥24,456,433.35 in the previous year[21]. - The net profit after deducting non-recurring gains and losses reached ¥35,730,050.38, marking a 209.28% increase from ¥11,552,499.93 year-on-year[21]. - The company reported a basic earnings per share of ¥0.076, doubling from ¥0.038 in the same period last year[21]. - The total profit for the period was ¥56.12 million, showing a significant increase of 90.71% compared to the previous year[37]. - The net profit attributable to the parent company reached ¥49.42 million, marking a year-on-year increase of 102.05%[37]. - The company reported a total comprehensive income of CNY 48,961,657.84 for the current period, up from CNY 24,356,205.62 in the previous period[125]. Sales and Market Performance - Sales of BGA, QFN, and POWER products increased by 74%, 54%, and 44% respectively compared to the previous year[30]. - The sales revenue from the Taiwan and South Korea markets accounted for 23% of total sales, an increase of 8 percentage points from the previous year[30]. - The sales revenue of wafer-level packaging products grew by 200% year-on-year, with a product yield rate of 99.78%[32]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,730,333,556.26, a 1.20% increase from ¥3,686,188,070.23 at the end of the previous year[21]. - The total liabilities were CNY 1,438,246,455.51, slightly up from CNY 1,430,065,292.92, indicating a marginal increase of 0.85%[116]. - The company's cash and cash equivalents at the end of the reporting period amount to ¥658,334,506.85, down from ¥764,727,153.13 at the beginning of the period[113]. Research and Development - The company successfully developed and mass-produced over 10 new products, including LGA12 and 0.55mm thin QFN products[32]. - The company applied for 36 patents in the first half of the year, including 29 invention applications[33]. - The company has established a national-level postdoctoral research station and has over 500 dedicated researchers for new product and technology development[47]. Cash Flow and Investments - The net cash flow from operating activities was ¥86,880,992.28, reflecting a 4.51% increase from ¥83,132,347.79 in the same period last year[21]. - The company experienced a net cash outflow from investing activities of CNY 140,324,272.35, compared to a net outflow of CNY 116,126,071.31 in the previous period[129]. - The company has a derivative investment of 35,968,910 RMB, with a net asset value of 25,990,020 RMB, representing 11.34% of the company's net assets[56]. Corporate Governance and Structure - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board[147]. - The company maintains a continuous operation basis for its financial reporting[148]. - The financial statements are prepared in accordance with the Chinese Accounting Standards, reflecting the company's financial position as of June 30, 2014[149]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 45,959[101]. - The largest shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds 36.93% of shares, totaling 239,990,400 shares, with 65,030,000 shares pledged[101]. - The company plans to distribute a cash dividend of 0.20 CNY per share, totaling 12,997,334.40 CNY, based on a total share capital of 649,866,720 shares as of December 31, 2013[66]. Risk Management - The company has implemented risk control measures for derivative investments, including monitoring customer payment capabilities and adjusting prices in case of significant exchange rate fluctuations[56]. - The company has established a sound organizational structure and internal control system for conducting forward foreign exchange settlement and sales to mitigate exchange rate fluctuation risks, with a business scale not exceeding 60 million USD[57]. Financial Reporting and Compliance - The financial report for the half-year period was not audited[94]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[104]. - The company did not engage in any asset acquisitions or sales during the reporting period[78].
通富微电(002156) - 2014 Q1 - 季度财报
2014-04-25 16:00
南通富士通微电子股份有限公司 2014 年第一季度报告正文 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人石明达、主管会计工作负责人钱建中及会计机构负责人(会计主 管人员)张荣辉声明:保证季度报告中财务报表的真实、准确、完整。 证券代码:002156 证券简称:通富微电 公告编号:2014-026 南通富士通微电子股份有限公司 2014 年第一季度报告正文 2014 年 04 月 1 南通富士通微电子股份有限公司 2014 年第一季度报告正文 第一节 重要提示 2 南通富士通微电子股份有限公司 2014 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | (%) | | 营业收入(元) | 446,951, ...