Financial Performance - The company's revenue for Q1 2021 was CNY 326,427,309.56, representing a 77.29% increase compared to CNY 184,121,942.23 in the same period last year[7] - Net profit attributable to shareholders was CNY 80,777,245.22, up 108.12% from CNY 38,813,024.39 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 75,726,933.66, reflecting a 103.86% increase from CNY 37,146,724.47 in the previous year[7] - The basic earnings per share increased to CNY 0.58, an 87.10% rise from CNY 0.31 in the same quarter last year[7] - Operating revenue increased by 77.29% to CNY 326,427,309.56 compared to the same period last year, driven by growth in sales orders[15] - Net profit attributable to the parent company surged by 108.12% to CNY 80,777,245.22, attributed to significant growth in operating revenue[15] - The company reported a total profit of CNY 92.30 million for Q1 2021, an increase of 101.5% from CNY 45.83 million in Q1 2020[46] - The total comprehensive income for Q1 2021 was CNY 82.95 million, compared to CNY 40.02 million in Q1 2020, reflecting a growth of 106.5%[44] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,749,653,637.39, a 3.66% increase from CNY 1,687,922,991.26 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 1,430,265,863.25, up 6.03% from CNY 1,348,894,293.97 at the end of the last year[7] - Current assets totaled CNY 1,440,191,735.95, up from CNY 1,391,610,613.05 at the end of 2020, indicating an increase of about 3.48%[33] - Non-current assets totaled CNY 309,461,901.44, up from CNY 296,312,378.21, reflecting an increase of about 4.00%[34] - The total liabilities decreased slightly to CNY 371,029,254.02 from CNY 371,469,258.86, indicating a reduction of 0.1%[40] - The total equity attributable to shareholders increased to CNY 1,221,462,810.29, up from CNY 1,161,732,800.24, marking a growth of 5.2%[40] Cash Flow - The net cash flow from operating activities was CNY 5,529,523.34, which is a 38.78% increase compared to CNY 3,984,269.56 in the same period last year[7] - Cash inflow from operating activities totaled CNY 282.67 million in Q1 2021, compared to CNY 199.29 million in the previous year, showing a strong cash generation capability[50] - Operating cash inflow for Q1 2021 was CNY 292,275,304.66, an increase from CNY 215,524,572.56 in Q1 2020, representing a growth of approximately 35.5%[51] - Cash inflow from investment activities totaled CNY 492,169,451.16, significantly higher than CNY 97,369,076.95 in Q1 2020, marking an increase of approximately 406.5%[52] - The net cash flow from financing activities decreased by 93.98% to CNY 30,434,380.00, primarily due to last year's fundraising activities[15] Research and Development - Research and development expenses increased by 71.98% to CNY 34,272,586.06, reflecting higher investment in R&D activities[15] - Research and development expenses increased to CNY 24.35 million in Q1 2021, up from CNY 13.07 million in the same period last year, indicating a focus on innovation[46] Future Strategies - The company is focusing on expanding its product offerings in the automotive electronics sector and enhancing its capabilities in RF testing[30] - Future growth strategies include the development of new technologies and products, particularly in the VR glasses and new energy vehicle testing industries[30] - The company plans to enhance its market presence and customer service capabilities over the next 3-5 years, aiming for sustainable growth in the ICT sector[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,527[10] - The company plans to grant a total of 990,600 restricted stock options under the 2021 incentive plan, accounting for 0.71% of the total share capital[17] Miscellaneous - The company reported non-recurring gains of CNY 5,050,311.56, primarily from government subsidies and investment management[9] - The company has engaged in wealth management with idle raised funds, amounting to RMB 230.44 million in bank financial products[27] - The company has implemented measures to mitigate foreign exchange risks associated with its operations[23] - There are no violations regarding external guarantees during the reporting period[28] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[28]

珠海博杰电子股份有限公司 2020 年第三季度报告 2020 年 10 月 珠海博杰电子股份有限公司 2020 年第三季度报告全文 第一节 重要提示 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。 公司负责人王兆春、主管会计工作负责人张彩虹及会计机构负责人(会计主 管人员)吴奇文声明：保证季度报告中财务报表的真实、准确、完整。 1 珠海博杰电子股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,704,284,918.18 | | 741,090,424.64 | 129.97% | | 归属于上市公司股东的净资产 （元） | 1,311,608,273.24 | | 534,302,746.35 | ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥429,218,024.12, representing a 5.85% increase compared to ¥405,480,566.73 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was ¥84,639,788.10, up 15.50% from ¥73,282,750.48 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥80,257,091.35, reflecting a 14.76% increase from ¥69,935,929.35 in the same period last year[16]. - Operating profit for the same period was 98.7146 million yuan, an increase of 24.89% compared to the previous year[45]. - The company reported a total operating cost of CNY 328,090,741.66 for the first half of 2020, slightly up from CNY 326,304,914.90 in the same period of 2019[146]. - The total profit for the first half of 2020 was CNY 63,268,132.90, up from CNY 61,449,262.87 in 2019, reflecting a growth of approximately 2.9%[152]. Cash Flow and Financial Position - The net cash flow from operating activities decreased significantly by 88.14%, amounting to ¥8,432,296.76 compared to ¥71,068,907.50 in the previous year[16]. - The net cash flow from financing activities surged by 1,817.59% to ¥501,976,006.45, mainly due to funds raised during the reporting period[47]. - The total cash and cash equivalents at the end of the first half of 2020 amounted to CNY 159,599,149.36, an increase from CNY 75,450,579.54 at the end of the same period in 2019[157]. - Cash flow from investing activities resulted in a net outflow of CNY 421,378,347.78, compared to a net outflow of CNY 37,272,116.75 in the same period last year[157]. - The company reported a significant increase in cash received from investment activities, which rose to CNY 290,580,000.00 from CNY 32,029,246.58 year-on-year[160]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,441,084,939.07, a 94.45% increase from ¥741,090,424.64 at the end of the previous year[16]. - Total liabilities rose to ¥286,309,450.74 from ¥198,757,776.67, which is an increase of 44%[140]. - Owner's equity increased to ¥1,154,775,488.33, compared to ¥542,332,647.97 at the end of 2019, showing a growth of 113%[141]. - The company's total liabilities at the end of the reporting period were CNY 522,459,000.00[169]. Research and Development - The company has established a comprehensive R&D, management, and sales team, enhancing its ability to quickly convert customer product concepts into design solutions and products[25]. - Research and development expenses increased by 8.51% to ¥47,716,036.89, indicating a continued investment in innovation[47]. - As of June 30, 2020, the company held 180 national patents and 99 software copyrights, showcasing its strong R&D capabilities[35]. Market and Competition - The company focuses on industrial automation equipment and related technical services, serving major clients including Fortune 500 companies like Apple and Microsoft[24]. - The company faces market competition risks due to the presence of foreign competitors with technological advantages, necessitating increased R&D investment and production scale to maintain market share[80]. - The company’s export revenue is significantly high, making it vulnerable to global economic downturns and changes in international trade relations, prompting the need for proactive market monitoring[82]. Risks and Challenges - The company has acknowledged potential risks in its future operations, which are detailed in the report[4]. - The company has a high concentration of downstream customers, which poses risks if key clients reduce orders; it plans to enhance R&D and expand its customer base to mitigate this risk[81]. - Rising labor costs in the talent-intensive industry could impact profitability; the company aims to enhance product competitiveness and manage costs effectively[87]. Corporate Governance and Compliance - The half-year financial report has not been audited, indicating a lack of external validation for the reported figures[94]. - There were no significant litigation or arbitration matters during the reporting period, reflecting a stable legal environment for the company[96]. - The company and its controlling shareholders maintained good integrity, with no unfulfilled court judgments or significant overdue debts[96]. Shareholder Information - The company completed its initial public offering (IPO) of 17.37 million shares, increasing total shares from 52.1 million to 69.47 million[117]. - Major shareholders include Wang Zhaochun (23.32%, 16,200,000 shares), Fu Lin (17.49%, 12,150,000 shares), and Cheng Jun (11.66%, 8,100,000 shares)[122]. - The company has a total of 14,959 common shareholders at the end of the reporting period[122]. Future Outlook - The company plans to accelerate the construction and production of fundraising projects, expand into new business areas and markets, and improve customer structure to ensure sustainable growth[89]. - The company is exploring new strategies for market expansion and product development to drive future growth[98].

Financial Performance - The company's operating revenue for Q1 2020 was ¥184,121,942.23, a decrease of 23.26% compared to ¥239,936,746.77 in the same period last year[7] - The net profit attributable to shareholders was ¥38,813,024.39, down 30.76% from ¥56,057,092.11 year-on-year[7] - Basic earnings per share decreased by 43.52% to ¥0.61 from ¥1.08 in the same period last year[7] - Net profit for Q1 2020 was CNY 40,260,049.98, down from CNY 56,479,199.78 in the same period last year[43] - The net profit for the current period is CNY 45,055,986.33, compared to CNY 48,118,195.88 in the previous period, reflecting a decline of approximately 4.3%[47] - The total comprehensive income for the current period is CNY 40,018,109.65, down from CNY 55,708,153.45 in the previous period[47] Cash Flow - The net cash flow from operating activities was ¥3,984,269.56, a significant decline of 90.44% compared to ¥41,676,622.80 in the previous year[7] - Cash flow from financing activities increased by 2,403.97% to ¥505,821,141.60, mainly from raised funds[20] - The cash flow from operating activities generated a net amount of CNY 3,984,269.56, significantly lower than CNY 41,676,622.80 in the previous period[51] - The company reported a cash inflow from financing activities of CNY 547,799,628.95, compared to CNY 13,662,324.95 in the previous period[52] - Total cash inflow from operating activities was $156.75 million, down from $217.32 million, a decrease of approximately 28%[54] - Cash flow from financing activities showed a net increase of $505.88 million, compared to a net outflow of -$3.58 million in the previous period[55] Assets and Liabilities - Total assets increased by 70.52% to ¥1,263,680,995.07 from ¥741,090,424.64 at the end of the previous year[7] - Total liabilities decreased to ¥158,871,237.45 from ¥198,757,776.67, indicating a reduction in financial obligations[35] - The company's total liabilities decreased to CNY 140,801,893.04 from CNY 182,309,825.93[39] - The total assets increased to CNY 1,185,567,592.81 from CNY 659,560,539.37 at the end of 2019[39] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a 512.06% rise in monetary funds to ¥439,731,206.99 from ¥71,843,959.93[16] - Cash and cash equivalents rose to ¥439,731,206.99 from ¥71,843,959.93, indicating improved liquidity[33] - Cash and cash equivalents increased significantly to CNY 383,833,988.19 from CNY 27,890,529.39[38] - The ending balance of cash and cash equivalents reached $383.83 million, compared to $51.28 million in the prior period[55] Expenses - Management expenses increased by 57.14% to ¥17,306,374.08 primarily due to higher employee compensation[18] - The company reported a decrease in R&D expenses to CNY 19,927,964.09 from CNY 17,169,096.43[42] - The company incurred research and development expenses of CNY 13,070,605.62, slightly higher than CNY 12,644,804.39 in the previous period[46] Inventory - Inventory increased to ¥184,801,271.25 from ¥169,038,187.63, suggesting a buildup in stock levels[33] - Inventory levels rose to CNY 158,987,619.78 from CNY 145,634,842.13[38] Shareholder Equity - The net assets attributable to shareholders rose by 105.00% to ¥1,095,332,830.41 from ¥534,302,746.35 at the end of the previous year[7] - The equity attributable to shareholders of the parent company rose to CNY 1,044,765,699.77 from CNY 477,250,713.44[39] - The company’s retained earnings increased to CNY 196,118,866.19 from CNY 151,062,879.86[39] Financial Ratios - The weighted average return on equity decreased to 4.30%, down 8.85% from 13.15% in the previous year[7] - Operating cash flow net amount decreased to -$16.52 million from $29.51 million in the previous period, representing a significant decline[54] - The financial expenses for the current period showed a significant reduction, resulting in a net financial income of CNY -5,593,985.14 compared to CNY 2,535,036.81 in the previous period[46]

Financial Performance - The company's operating revenue for 2019 was CNY 824,939,964.66, representing a 20.01% increase compared to CNY 687,399,287.48 in 2018[16]. - The net profit attributable to shareholders for 2019 was CNY 150,419,732.45, a 34.76% increase from CNY 111,623,949.00 in 2018[16]. - The net cash flow from operating activities reached CNY 186,006,295.18, a significant increase of 558.35% compared to CNY 28,253,439.82 in 2018[16]. - The total assets at the end of 2019 amounted to CNY 741,090,424.64, reflecting a 22.53% increase from CNY 604,829,590.06 at the end of 2018[16]. - The basic earnings per share for 2019 was CNY 2.89, up 33.18% from CNY 2.17 in 2018[16]. - The company achieved operating revenue of 825 million yuan in 2019, representing a 20% increase compared to the previous year[60]. - Operating profit reached 166 million yuan, reflecting a 29% growth year-on-year[60]. - Net profit attributable to the parent company was 150 million yuan, marking a 35% increase from the previous year[60]. - Total operating revenue for 2019 reached ¥824,939,964.66, representing a year-on-year increase of 20.01% compared to ¥687,399,287.48 in 2018[63]. - The revenue from industrial automation equipment was ¥667,648,214.35, accounting for 80.93% of total revenue, with a growth of 14.58% from ¥582,681,349.47 in 2018[65]. Dividend Policy - The company plans to distribute a cash dividend of 7.2 CNY per 10 shares to all shareholders, based on a total of 69,466,700 shares[4]. - The cash dividend for 2019 represents 33.25% of the net profit attributable to ordinary shareholders, which is 150,419,732.45 CNY[114]. - The cash dividend for 2018 was 10,000,000.00 CNY, accounting for 8.96% of the net profit attributable to ordinary shareholders of 111,623,949.00 CNY[114]. - The total cash dividend distributed in 2019 was 50,016,024.00 CNY, which is 100% of the profit distribution total[116]. - The company has maintained a consistent cash dividend policy, ensuring transparency and compliance with regulations[111]. Research and Development - The company is focused on technological advancements and product development to stay competitive in the electronics market[11]. - The company has a dedicated team of 470 R&D and technical service personnel, ensuring high-quality product customization and support[52]. - The company plans to enhance R&D investment in downstream applications and expand its automation equipment product line to strengthen market presence[46]. - The company has established a comprehensive R&D process and has achieved industry-leading levels in several areas, with a focus on enhancing independent R&D and integrating overseas teams[94]. - Key technology directions include RF testing technology for 5G, machine vision technology for automation, and high-precision component inspection technology, with products already in sales[95]. Market Position and Strategy - The company has a diverse client base, including major global firms such as Apple, Microsoft, and Cisco[11]. - The company operates multiple subsidiaries, including those in Hong Kong and the United States, enhancing its market reach[10]. - The company is positioned to benefit from the growing demand in the industrial automation sector, supported by national policies and technological advancements[26]. - The company’s sales strategy emphasizes "consultative selling and expert service," enhancing customer loyalty and increasing order acquisition through competitive negotiation[31]. - The company will continue to deepen its presence in the consumer electronics sector while expanding into automotive, medical, and industrial fields to create new profit growth points[98]. Operational Risks - The report covers the operational risks the company may face in the future, which investors should be aware of[4]. - Market competition poses a risk, as the company must enhance R&D investment and production capacity to maintain its market share against both domestic and international competitors[101]. - High customer concentration presents a risk; if key customers reduce orders due to market demand fluctuations, the company's performance may be adversely affected[102]. - The company faces risks from macroeconomic fluctuations, particularly in fixed asset investment demand from downstream industries, which may impact the demand for industrial automation equipment[100]. Corporate Governance - The company emphasizes the importance of accurate financial reporting, ensuring the integrity of the annual report[3]. - The company is committed to maintaining transparency and has all board members present for the report's approval[4]. - The management has confirmed that the prospectus does not contain any false records or misleading statements[119]. - The company will ensure that all related transactions are conducted at fair prices and in accordance with legal regulations[119]. - The company has committed to compensating investors for any losses incurred due to unfulfilled commitments, as per regulatory requirements[126]. Employee and Customer Relations - Employee satisfaction has improved, with a focus on fair compensation and a supportive work environment, leading to lower employee turnover rates[141]. - Customer satisfaction has increased for three consecutive years, with a commitment to quality management and continuous improvement[145]. - The company has established a comprehensive customer complaint control procedure to ensure customer issues are addressed promptly[146]. - The company actively engages with suppliers to maintain high satisfaction levels and reduce procurement costs[141]. Future Outlook - The company expects a revenue growth forecast of 20% for the upcoming fiscal year, driven by new product launches and market expansion strategies[120]. - Future outlook remains positive, with expectations for revenue growth driven by new product launches and market expansion efforts[178]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[120]. - A strategic acquisition of a local competitor is in progress, which is expected to enhance the company's product offerings and customer base[121].