惠州光弘科技股份有限公司 2018 年第三季度报告全文 惠州光弘科技股份有限公司 2018 年第三季度报告 2018-055 2018 年 10 月 1 惠州光弘科技股份有限公司 2018 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。 公司负责人唐建兴、主管会计工作负责人肖育才及会计机构负责人(会计主 管人员)杨姣容声明：保证季度报告中财务报表的真实、准确、完整。 2 惠州光弘科技股份有限公司 2018 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） | 2,046,621,476.05 | 1,863,514,035.50 | | 9.83% | | 归属于上市公司股东的净资产 | 1,7 ...

Financial Performance - Total revenue for the first half of 2018 reached ¥703,358,721.97, representing a 13.41% increase compared to ¥620,199,108.29 in the same period last year[22]. - Net profit attributable to shareholders was ¥87,376,005.02, up 6.56% from ¥82,000,031.34 year-on-year[22]. - Net profit after deducting non-recurring gains and losses decreased by 8.26% to ¥70,019,518.05 from ¥76,327,435.67 in the previous year[22]. - Basic earnings per share decreased by 19.35% to ¥0.25 from ¥0.31 year-on-year[22]. - The company achieved a revenue of 703 million yuan, representing a year-on-year growth of 13.41%[37]. - The total profit reached 103 million yuan, with a year-on-year increase of 6.2%[37]. - The company reported a significant decline in net cash flow from operating activities, down 78.39% to 38.28 million yuan, primarily due to increases in receivables and payables[57]. - The gross margin for the first half of 2018 was reported at 35%, a slight improvement from 32% in the same period last year[103]. - The company aims to achieve a net profit margin of 15% by the end of 2018, up from 12% in 2017[104]. Assets and Liabilities - Total assets increased by 4.51% to ¥1,947,625,629.36 from ¥1,863,514,035.50 at the end of the previous year[22]. - Net assets attributable to shareholders rose by 1.06% to ¥1,625,016,899.46 from ¥1,607,951,200.05 at the end of the previous year[22]. - Accounts receivable increased significantly to ¥391,050,945.40, accounting for 20.08% of total assets, down 3.08% from the same period last year[64]. - Fixed assets totaled ¥619,104,140.68, making up 31.79% of total assets, a significant drop of 13.06% compared to the previous year[64]. - Long-term borrowings were reported at ¥34,643,945.80, representing 1.78% of total assets, down 0.73% from the previous year[64]. - The total liabilities of the company were not explicitly stated, but the current liabilities included accounts payable of RMB 1,702,424.65, which was zero at the beginning of the period[162]. Cash Flow - Operating cash flow net amount was ¥38,279,977.45, a significant decline of 78.39% compared to ¥177,146,482.49 in the same period last year[22]. - Cash and cash equivalents at the end of the reporting period amounted to ¥73,739,177.10, representing 3.79% of total assets, a decrease of 2.79% compared to the previous year[64]. - The net cash flow from operating activities decreased to ¥38,279,977.45 from ¥177,146,482.49, a decline of about 78.4%[179]. - The net cash flow from investing activities was -796,381,052.61, worsening from -229,752,052.26 in the previous period[183]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[9]. - The company is expanding its production capacity with the completion of the first phase of the northern production base and the second phase expected to be operational in the second half of 2019[52]. - The company is exploring strategic acquisitions to strengthen its market position and expand its product portfolio[95]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential deals[99]. - The management team emphasized the importance of sustainable growth and long-term value creation for shareholders[96]. Market and Customer Relations - The company faces risks related to high customer concentration, which may impact its operational stability[7]. - The company has established long-term stable relationships with major clients, including Huawei and OPPO, enhancing its customer resource advantage[55]. - To mitigate risks, the company is implementing a new customer introduction strategy and expanding its domestic business footprint[83]. - The automotive electronics business is growing rapidly, with products being supplied to brands like Geely and BAIC[55]. Research and Development - Research and development expenses increased by 78.52% to 33.08 million yuan, reflecting a strong commitment to innovation[57]. - Ongoing research and development efforts are aimed at improving operational efficiency and product quality[95]. - The company is investing 100 million RMB in R&D for new technologies, focusing on enhancing product efficiency and sustainability[98]. - Research and development efforts are focused on two new product lines expected to launch in Q4 2018, with an investment of 200 million RMB allocated for R&D[109]. Corporate Governance - The company has a commitment to not transfer shares during the lock-up period following its IPO, which lasts for 36 months[89]. - The company is currently fulfilling its commitments related to shareholding and management during the lock-up period[89]. - The company has committed to respecting Guanghong Technology's independent legal status and ensuring its independent operations[117]. - The company guarantees that it will not request or accept more favorable conditions from Guanghong Technology than those offered to other market participants[115]. Future Outlook - The company provided a positive outlook for the second half of 2018, expecting continued growth and market expansion[95]. - Future guidance indicates a projected revenue growth rate of approximately 20% for the upcoming fiscal year[94]. - The company provided a future outlook, projecting a revenue growth of 25% for the second half of 2018, driven by new product launches and market expansion[108].

Financial Performance - Total revenue for Q1 2018 was CNY 269,339,468.64, representing a 5.37% increase compared to CNY 255,603,977.79 in the same period last year[9] - Net profit attributable to shareholders decreased by 28.49% to CNY 21,573,139.90 from CNY 30,167,171.02 year-on-year[9] - Net profit excluding non-recurring gains and losses fell by 34.14% to CNY 19,944,878.53 compared to CNY 30,284,292.99 in the previous year[9] - Basic and diluted earnings per share decreased by 46.38% to CNY 0.0608 from CNY 0.1134 year-on-year[9] - The total comprehensive income for Q1 2018 was CNY 19,111,613.59, down from CNY 30,010,264.27 in the same period last year[41] - Net profit for Q1 2018 was CNY 21,469,669.99, a decrease of 29.4% from CNY 30,392,476.63 in Q1 2017[40] Cash Flow - Operating cash flow turned negative at CNY -9,955,989.31, a decline of 114.26% from CNY 69,813,741.23 in the same quarter last year[9] - Operating cash inflow for the current period was CNY 306,405,179.18, down 25.0% from CNY 409,165,385.00 in the previous period[48] - Net cash flow from operating activities was negative CNY 9,955,989.31, compared to positive CNY 69,813,741.23 in the previous period[49] - Cash outflow for operating activities was CNY 316,361,168.49, compared to CNY 339,351,643.77 in the previous period, indicating a reduction in cash outflow[48] - The company’s cash flow from operating activities showed a significant decline, indicating potential challenges in revenue generation[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,876,522,348.78, a slight increase of 0.70% from CNY 1,863,514,035.50 at the end of the previous year[9] - Current assets decreased to CNY 1,221,936,607.46 from CNY 1,253,587,555.78, primarily due to a reduction in cash and cash equivalents[31] - Total liabilities decreased to CNY 245,893,421.03 from CNY 251,996,721.34, a reduction of about 2.4%[33] - The company's equity attributable to shareholders increased to CNY 1,627,166,283.55 from CNY 1,607,951,200.05, marking a growth of approximately 1.2%[34] - The non-current assets totaled CNY 654,585,741.32, up from CNY 609,926,479.72, reflecting an increase of about 7.3%[32] Investments and Expenditures - Prepayments increased by 92.29% to 87.46 million yuan, attributed to higher advance payments for materials[18] - Construction in progress rose by 59.67% to 445.73 million yuan, primarily due to the third phase land payments[18] - Other non-current assets surged by 151.10% to 157.47 million yuan, reflecting an increase in advance payments for equipment[18] - Deferred income increased by 69.54% to 109.41 million yuan, driven by higher government subsidies related to asset acquisition[18] Market and Strategic Outlook - The company plans to strengthen cooperation with existing major clients to ensure continuous market share growth[22] - The company aims to expand its business footprint and continuously develop new clients[22] - The company is focused on diversifying its product offerings to meet market demand[22] - The company reported no significant changes in the feasibility of its projects during the reporting period[25] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 58,739, with the largest shareholder holding 61.30% of the shares[13] Risks and Compliance - The company faces risks from market fluctuations in the electronic manufacturing services industry and potential volatility in raw material prices[11] - The company reported no violations regarding external guarantees during the reporting period[27] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[29]

Financial Performance - The company's operating revenue for 2017 was CNY 1,274,112,355.70, representing a 3.84% increase compared to CNY 1,227,023,073.62 in 2016[17] - The net profit attributable to shareholders for 2017 was CNY 173,561,588.99, which is a 12.56% increase from CNY 154,194,655.51 in the previous year[17] - The total profit for the year was 199 million yuan, an increase of 5.65% compared to the previous year[35] - The net profit attributable to shareholders was 174 million yuan, reflecting a growth of 12.56% year-on-year[35] - The company achieved a revenue of 1.274 billion yuan in 2017, representing a year-on-year growth of 3.84%[50] - The total revenue for 2017 was 127,000,000 CNY, with a year-on-year increase of 12.90% in operating cash inflow[72] - The company reported a net profit of 173,978,243.90 CNY for the current year, compared to 154,668,724.94 CNY in the previous year, reflecting an increase of approximately 12.5%[133] Cash Flow and Assets - The net cash flow from operating activities increased by 92.91% to CNY 284,457,019.23, up from CNY 147,457,220.30 in 2016[17] - The total assets at the end of 2017 reached CNY 1,863,514,035.50, marking a 90.62% increase from CNY 977,584,157.92 in 2016[17] - The company recorded a net increase in cash and cash equivalents of 815,357,122.45 CNY, a significant rise of 3,391.86% compared to the previous year[73] - The company’s intangible assets increased by 62.65% year-on-year, reaching RMB 52.54 million by the end of 2017[39] Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 2.00 per 10 shares, based on a total of 354,680,000 shares[5] - The company reported a cash dividend of 2.00 yuan per 10 shares, with a total cash dividend amounting to 70,936,000 yuan, representing 100% of the distributable profit[97] - The company is committed to maintaining a dividend payout ratio of 30% of net profits, ensuring shareholder returns while investing in growth[105] Market Position and Growth - The company has maintained long-term stable partnerships with well-known electronic brands and ODM enterprises, enhancing its market position[38] - The company successfully entered the supply chains of global brands such as Huawei, ZTE, and OPPO, enhancing its market recognition[38] - The company is focusing on vertical integration and capital operations to expand its electronic manufacturing service range and optimize supply chain management[91] - The company is committed to becoming a leading global EMS enterprise by leveraging opportunities in the EMS industry and enhancing profitability[88] Research and Development - Research and development investment reached 44,830,749.23 CNY, accounting for 3.52% of total revenue[70] - The company holds 47 patents and 6 software copyrights, reflecting its commitment to R&D and innovation[54] - The company is committed to improving its R&D environment and increasing the number and quality of patents at its engineering technology center to enhance its R&D capabilities[91] - The company has allocated 200 million RMB for R&D in the upcoming year, focusing on innovative technologies and product enhancements[103] Strategic Initiatives - The company is actively pursuing expansion projects, including a smart manufacturing transformation to enhance production efficiency and product quality[51] - The company plans to enhance its talent acquisition and training programs to support long-term development[53] - The company is exploring potential acquisitions to bolster its market position, with a budget of $G million set aside for strategic investments[193] Risks and Compliance - The company faces risks related to fluctuations in the downstream market and raw material prices, which could adversely affect its operating and profit levels[92] - The company has committed to reducing related party transactions and ensuring compliance with relevant laws and regulations[122] - The company guarantees that it will not engage in any activities that could damage the issuer's legal rights and interests[120] Corporate Governance - The company has established a framework to manage potential conflicts of interest and competition during its control of Huizhou Guanghong Technology[117] - The company has committed to compensating for any losses incurred due to disputes over land and property rights[129] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[130] Environmental and Social Responsibility - The company has maintained a commitment to social responsibility without any major environmental or safety incidents[158] - The company donated a total of 200,000 RMB for poverty alleviation activities during the "Guangdong Poverty Alleviation Day" and "Hundred Enterprises Helping Hundred Villages" events[159] - The company has not been listed as a key pollutant discharge unit by environmental protection authorities and does not produce pollution during its manufacturing process[162]