Financial Performance - The company's revenue for Q1 2024 reached ¥5,859,163,380.59, representing a 51.36% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥1,126,550,627.36, a 90.40% increase year-over-year[3] - The net profit excluding non-recurring items was ¥1,072,494,911.14, reflecting a 100.91% increase compared to the previous year[3] - Basic earnings per share for Q1 2024 were ¥2.1245, up 89.94% from the same period last year[3] - The total operating revenue for Q1 2024 was CNY 5,859,163,380.59, a significant increase of 51.3% compared to CNY 3,871,132,953.79 in the same period last year[15] - The net profit for Q1 2024 reached CNY 1,118,680,309.21, representing a 81.9% increase from CNY 615,310,147.60 in Q1 2023[16] - The company's basic earnings per share for Q1 2024 was CNY 2.1245, up from CNY 1.1185 in Q1 2023, reflecting an increase of 90.0%[16] - The total operating costs for Q1 2024 were CNY 4,764,194,908.34, which is a 50.3% increase from CNY 3,168,062,974.83 in the same period last year[15] - The company reported a tax expense of CNY 217,383,352.39 for Q1 2024, compared to CNY 115,717,755.31 in the previous year, indicating an increase of 87.9%[16] Cash Flow and Assets - The net cash flow from operating activities was ¥260,016,536.69, a significant increase of 139.31% year-over-year[3] - The company's cash and cash equivalents amounted to RMB 12,603,744,188.00, compared to RMB 12,451,459,936.82 at the beginning of the quarter, indicating a slight increase of 1.22%[12] - The cash inflow from operating activities for Q1 2024 was CNY 6,287,206,223.02, an increase from CNY 4,208,293,570.61 in Q1 2023, representing a growth of approximately 49.4%[18] - The net cash outflow from investing activities was CNY -267,119,434.58, compared to CNY -477,271,050.69 in the same period last year, indicating a reduction in cash outflow by about 44%[18] - The net cash flow from financing activities was CNY -83,655,290.22, a significant decrease from CNY 470,361,004.96 in Q1 2023, reflecting a change of approximately 117.8%[19] - The total cash and cash equivalents at the end of Q1 2024 stood at CNY 12,139,979,317.68, compared to CNY 9,583,269,029.01 at the end of Q1 2023, marking an increase of about 27.3%[19] - The company reported a net cash flow from operating activities of CNY 260,016,536.69, a turnaround from a negative cash flow of CNY -661,529,950.77 in the previous year[18] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to ¥56,256,540,818.55, a 4.91% increase from the end of the previous year[3] - As of March 31, 2024, the total assets of the company reached RMB 56,256,540,818.55, an increase from RMB 53,624,552,279.13 at the beginning of the period, reflecting a growth of approximately 4.83%[12] - The total liabilities increased to CNY 30,217,813,517.30, up from CNY 28,799,771,760.61, indicating a growth of 4.9%[14] - The company's total current liabilities decreased from RMB 9,000,000,000.00 to RMB 8,000,000,000.00, reflecting a reduction of approximately 11.11%[12] - The total equity attributable to shareholders increased to RMB 16,275,629,172.35 from RMB 15,398,555,002.29, showing a growth of about 5.68%[13] - The company's total equity increased to CNY 26,038,727,301.25 from CNY 24,824,780,518.52, showing a growth of 4.9%[14] - The company's total liabilities decreased from RMB 39,000,000,000.00 to RMB 38,000,000,000.00, indicating a reduction of approximately 2.56%[12] Research and Development - The company focused on core business areas, enhancing technological research and development, which contributed to increased market share in the integrated circuit equipment sector[6] - Research and development expenses amounted to CNY 720,993,024.09, which is a 96.3% increase compared to CNY 366,852,038.34 in the previous year[15] - The company’s development expenditure rose to RMB 7,049,547,886.88 from RMB 6,322,777,822.18, reflecting an increase of about 11.53%[13] Shareholder Information - The top shareholder, Beijing Qixing Huadian Technology Group Co., Ltd., holds 33.56% of the shares[7]

Financial Performance - In 2023, the company achieved a revenue of 22.079 billion yuan, representing a year-on-year growth of 50.32%, and a net profit attributable to shareholders of 3.899 billion yuan, up 65.73% year-on-year[2]. - The company's operating revenue for 2023 reached ¥22.08 billion, a year-on-year increase of 50.32% compared to ¥14.69 billion in 2022[15]. - Net profit attributable to shareholders for 2023 was ¥3.90 billion, up 65.73% from ¥2.35 billion in 2022[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3.58 billion, reflecting a 70.05% increase from ¥2.11 billion in 2022[15]. - The gross margin improved to 40%, up from 35% in the previous year, reflecting better cost management and pricing strategies[10]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB, representing a year-over-year growth of 25%[10]. - The company reported a total of ¥1,002,565,382.26 in receivables financing, reflecting significant growth in financing activities[64]. Research and Development - The company aims to continuously increase R&D investment and improve innovation efficiency to meet customer needs[4]. - Investment in R&D has increased by 30%, focusing on advanced technologies such as AI and semiconductor materials[10]. - The company has applied for over 7,900 patents and has been granted more than 4,700 patents, showcasing its strong innovation capabilities in semiconductor products[30]. - In 2023, the company achieved a research and development investment of CNY 4.41 billion, with an R&D intensity of 19.97%[95]. - The company has established a national-level enterprise technology center and multiple municipal-level engineering centers to enhance its R&D capabilities[95]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[10]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% driven by new product launches and market expansion strategies[10]. - A new product line in the semiconductor sector is expected to launch in Q3 2024, anticipated to contribute an additional 200 million RMB in revenue[10]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[10]. - The company has a strategic focus on expanding its market presence and enhancing its product offerings in the semiconductor equipment sector[131]. Operational Efficiency - The company is focused on high-quality development, enhancing supply chain management capabilities, and optimizing market management systems[4]. - The company has implemented a lean management system to continuously enhance production efficiency and product quality[35]. - The company has built a production and R&D base exceeding 900,000 square meters, incorporating advanced technologies such as automation and AI to improve production efficiency[33]. - The company aims to reduce the cost of ownership (COO) for its products by 15% through efficiency improvements in production[10]. Customer Focus - The company emphasizes a customer-centric approach and aims to maintain a competitive edge through continuous innovation[4]. - The company has established 19 customer service centers and 4 spare parts allocation centers nationwide, enhancing its customer service system[32]. - The company is committed to creating greater customer value and becoming a trusted long-term partner by maintaining a customer-centric approach[34]. Corporate Governance - The company has 11 board members, including 4 independent directors, and held 9 board meetings during the reporting period[102]. - The supervisory board consists of 3 members, including 1 employee representative, and held 6 meetings in the reporting period[103]. - The company maintains complete independence from its controlling shareholder in terms of assets, personnel, finance, organization, and business operations[111]. - The company has an independent financial accounting department and a separate accounting system, ensuring independent financial decision-making[113]. - The company has adopted a governance structure in compliance with the Company Law and the Corporate Governance Guidelines[137]. Employee Engagement and Welfare - The company has implemented multiple stock incentive plans to enhance employee engagement and responsibility, contributing to a workforce of over 12,000 employees[31]. - The company has established a training plan to enhance employee skills and promote sustainable development, adjusting it based on operational needs[143]. - The total number of employees at the end of the reporting period is 12,010, with 82 in the parent company and 11,928 in major subsidiaries[141]. - The company has a total of 4,737 production staff, 483 sales personnel, and 5,397 technical staff, indicating a strong focus on technical expertise[141]. Environmental and Social Responsibility - The company invested over 1.6 million yuan in poverty alleviation efforts, benefiting over 13,000 people in 2023[167]. - The company is actively pursuing green development strategies, including the establishment of an ISO 50001 energy management system[166]. - The company has complied with environmental regulations and has not faced any significant environmental penalties during the reporting period[166]. Financial Management and Shareholder Returns - The company plans to distribute a cash dividend of 7.80 yuan per 10 shares (including tax) based on 530,940,639 shares[5]. - The average cash dividend payout ratio over the past three years is 10.34%, demonstrating the company's commitment to shareholder returns[99]. - The cash dividend represents 100% of the total profit distribution amount[147]. - The company has not proposed any stock dividends or capital reserve transfers for the current year, focusing solely on cash dividends[145].

北方华创：本土半导体设备龙头，深度受益国产化 北方华创（002371.SZ）/电子 证券研究报告/公司深度报告 2024年4月23日 [Table_Industry] [评Ta级ble：_T买itle入] （首次） [公Ta司ble盈_F利in预anc测e1及] 估值 市场价格：297.92元/股 指标 2021A 2022A 2023E 2024E 2025E 营业收入（百万元） 9,683 14,688 22,080 29,990 39,640 分析师：王芳 增长率yoy% 60% 52% 50.3% 35.8% 32.2% 执业证书编号：S0740521120002 净利润（百万元） 1,077 2,353 3,899 5,441 7,171 Email：wangfang02@zts.com.cn 增长率yoy% 101% 118% 65.7% 39.5% 31.8% 每股收益（元） 2.03 4.44 7.35 10.26 13.52 分析师：杨旭 每股现金流量 -1.46 -1.37 13.56 11.93 12.42 执业证书编号：S0740521120001 净资产收益率 6% 12% 16% ...

证券研究报告：电子 | 公司点评报告 2024年4月15日 股票投资评级 北方华创(002371) 买入|维持 24Q1 业绩超预期 个股表现 ⚫ 事件 4月13 日，公司披露2023 年度业绩快报以及2024 年第一季 北方华创 电子 度业绩预告： 4% 0% 预计23年实现营收220.79亿元，同比+50.32%，归母净利润 -4% -8% 38.99 亿元，同比+65.73%，扣非归母净利润 35.81 亿元，同比 -12% -16% +70.05%。 -20% -24% 预计 24Q1 实现营收 54.20-64.20 亿元，同比增长 40.01%- -28% 61.19%，归母净利润10.40-12.00亿元，同比增长75.77%-102.81%， -32% -36% 2023-04 2023-06 2023-09 2023-11 2024-01 2024-04 扣非归母净利润9.90-11.40亿元，同比增长85.46%-113.56%。 资料来源：聚源，中邮证券研究所 ⚫ 投资要点 市场份额稳步攀升驱动营收稳健增长。公司预计23年实现营 公司基本情况 收 220.79 亿元，同比+50.32%， ...

[Table_Page] 公告点评|半导体 证券研究报告 [北Table_方Title] 华创（002371.SZ） [公Tab司le_I评nves级t] 买入 当前价格 290.00元 24Q1 业绩超预期，平台化布局构建多元成长曲线 合理价值 416.96元 前次评级 买入 [ 核Tabl 心e_Su 观mm 点ary] ： 报告日期 2024-04-13 ⚫ 产品份额稳步提升，24Q1业绩超预期。公司发布23年度业绩快报和 [相Tab对le_P市icQ场uote表] 现 24年第一季度业绩预告，23年公司营收220.79亿元，yoy+50.32%， 主要原因是公司主营业务发展良好，应用于集成电路领域的刻蚀、薄膜 20% 10% 沉积、清洗和炉管等数十种核心工艺装备市场认可度持续提升，工艺覆 0% 盖度及市场占有率显著增长，产品销量同比大幅度增加。23年公司归 04/23 06/23 08/23 10/23 12/23 02/24 04/24 -10% 母净利润38.99亿元，yoy+65.73%，主要原因是在收入增长的同时， -20% -30% 持续推动降本增效工作，多元化供应链保障能力不断增强，量产交 ...

Compa n y U pda te Ch in a Resea rch Dep t . 2024年4月15日 北方华创 (002371.SZ) BUY 买进 朱吉翔 C0044@capital.com.tw 目标价 360元 1Q24净利润增长超预期 结论与建议： 公司基本资讯 产业别 电子 公司2023年营收增长5成，净利润增长66%，反应半导体设备国产替代 A股价(2024/4/14) 290.00 深证成指(2024/4/14) 9228.23 的持续推进。同时1Q24营收中值增长5成，净利润中值增长近9成，业绩 股价12个月高/低 357.48/213.42 增速超预期。 总发行股数(百万) 530.29 A股数(百万) 529.80 展望未来，公司作为国内设备平台企业，在刻蚀、沉积、热处理、清洗 A市值(亿元) 1536.41 设备等半导体设备领域均有大量积累，在承载国产化重任的同时自身市场空 主要股东 北京七星华电 科技集团有限 间也进一步打开。我们预计公司2024-26年净利润58亿元、75亿元和90亿 责任公司 元，YOY增长49%、29%和增长21%，EPS10.96元、14.12元和17 ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 公司快报 2024 年 04 月 13 日 北 方华创(002371.SZ) 证券研究报告 营收持续高增，盈利能力进一步抬升 半导体设备 投资评级 买入-A 事件： 维持评级 1.公司发布 2023年年度业绩快报，报告期内实现营收220.79亿元， 6个月目标价 355.74元 同比增长 50.32%；实现归属于母公司所有者净利润 38.99 亿元，同 股价 (2024-04-12) 290.00元 比增长65.73%；实现扣非归母净利润35.81亿元，同比增长70.05%。 2.公司发布 2024 年第一季度业绩预告，预计营收为 54.2 亿元~62.4 交易数据 亿元，比上年同期增长 40.01%~61.19%；预计归属于母公司所有者净 总市值(百万元) 153,785.08 利润 10.4 亿元~12 亿元，比上年同期增长 75.77%~102.81%；预计扣 流通市值(百万元) 153,640.88 非归母净利润9.9亿元~11.4亿元，比上年同期增长85.46%~113.56%。 总股本(百万股) 530.29 流通股本(百万股) 529.80 ...

证券研究报告 公 2024年04月14日 司 报 告 北方华创(002371) │ 行 业： 电子/半导体 公 投资评级： 买入（维持） 司 当前价格： 290.00元 24Q1 业绩预增，半导设备持续景气 点 目标价格： 390.96元 评 研 事件： 究 基本数据 公司发布2023年度业绩快报及2024年第一季度预告。2023年，公司实现 总股本/流通股本(百万股) 530.29/529.80 营业收入220.79亿元，yoy+50.32%；归母净利润38.99亿元，yoy+65.73%； 流通A股市值(百万元) 153,640.88 扣非净利润35.81亿元，yoy+70.05%；基本每股收益7.36元，yoy+65.03%。 每股净资产(元) 42.58 2024Q1，公司预计实现营业收入54.2-62.4亿元，同比增长40.01%-61.19%； 资产负债率(%) 56.29 归母净利润 10.4-12 亿元，同比增长 75.77%-102.81%；扣非净利润 9.9- 一年内最高/最低(元) 358.03/213.42 11.4亿元，同比增长85.46%-113.56%；基本每股收益1.96-2. ...

证券代码：002371 证券简称：北方华创 公告编号：2024-017 北方华创科技集团股份有限公司 关于控股股东拟发生变更暨国有股权无偿划转的 2024 年 1 月 11 日，信息披露义务人北京电控、七星集团按照《上市公司收 购管理办法》的有关规定披露了《收购报告书摘要》《简式权益变动报告书》；2024 年 1 月 12 日，北京电控披露了《收购报告书》等文件，具体内容详见巨潮资讯 网（www.cninfo.com.cn）。 2024 年 2 月 6 日，公司收到北京电控出具的《关于无偿划转北方华创科技 集团股份有限公司股权事项进展说明的通知》，无偿划转事宜尚在推进过程中。 具体详见《北方华创科技集团股份有限公司关于控股股东拟发生变更暨国有股权 无偿划转的后续进展公告》（2024-004）。 2024 年 3 月 6 日，公司收到北京电控出具的《关于无偿划转北方华创科技 集团股份有限公司股权事项进展说明的通知》，无偿划转事宜尚在推进过程中。 具体详见《北方华创科技集团股份有限公司关于控股股东拟发生变更暨国有股权 无偿划转的后续进展公告》（2024-013）。 二、 本次无偿划转进展情况 根据《上市公司收购管 ...

第八届监事会第六次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或者重大遗漏。 北方华创科技集团股份有限公司（以下简称"公司"）第八届监事会第六次会 议通知于2024年3月12日以电子邮件方式发出。会议于2024年3月25日如期在公司 会议室以现场和通讯相结合方式召开，应到监事3名，实到3名，会议由监事会主 席王谨女士主持。会议的召集、召开符合《公司法》和《公司章程》的规定。本 次会议通过决议如下： 1．审议通过了《关于北京七星华创流量计有限公司增资扩股并实施股权激 励暨关联交易的议案》 证券代码：002371 证券简称：北方华创 公告编号：2024-015 北方华创科技集团股份有限公司 经审核，监事会认为本次北京电子控股有限责任公司与新设员工持股平台增 资扩股暨关联交易事项是从公司长期业务布局出发，经公司慎重评估而做出的决 策。北京七星华创流量计有限公司（以下简称"七星流量计"）本次增资扩股有 利于增强公司的核心竞争力和持续盈利能力，有助于七星流量计和公司的长远发 展。七星流量计通过建立中长期激励机制吸引和留住核心人才，有利于进一步完 善企业与员工风险共担 ...