Financial Performance - The group's revenue for the first half of 2023 was approximately RMB 459.5 million, representing a year-on-year increase of about 9.4%[5]. - The net loss for the group was approximately RMB 13.4 million, an increase of about 22.9% compared to the same period last year[5]. - The company's net loss attributable to shareholders decreased by approximately 14.1% from about RMB 7.1 million to about RMB 6.1 million for the six months ended June 30, 2023[35]. - The group's pre-tax loss increased from approximately RMB 4.2 million for the six months ended June 30, 2022, to about RMB 5.0 million for the same period in 2023[53]. - The company reported a net loss of RMB 13,382 thousand for the first half of 2023, compared to a net loss of RMB 10,917 thousand in the same period last year[147]. - Basic and diluted loss per share for the period was RMB 0.37, compared to RMB 0.44 in the previous year, indicating a decrease of 15.9%[129]. - The company reported a basic loss per share based on a loss attributable to equity holders of RMB 6,088,000, compared to RMB 7,149,000 for the same period in 2022[196]. Revenue Breakdown - Sales volume of IGBT modules reached 100,000 units, significantly exceeding the total sales volume for the entire year of 2022[5]. - Sales in the new energy generation and storage sectors accounted for approximately 83.3% of IGBT module sales, while electric vehicles and electrical equipment accounted for 9.3% and 7.4%, respectively[5]. - Revenue from the high voltage direct current transmission sector increased by approximately 114% compared to the same period in 2022[58]. - Revenue from the electrified transportation sector increased by approximately 45% compared to the same period in 2022[61]. - The revenue from the industrial and other sectors increased by approximately 16% year-on-year, driven by higher sales of self-developed IGBT and laminated busbars[71]. - Revenue from foreign markets reached RMB 19,942 thousand, a 59% increase from RMB 12,518 thousand in the same period of 2022[75]. - Revenue from the energy storage sector increased by approximately 15% year-on-year due to higher sales of self-developed IGBT products[86]. - Revenue from the sale of electronic power components reached RMB 459,480,000, an increase from RMB 420,042,000 in the previous year, representing a growth of approximately 9.3%[189]. Cost and Expenses - The gross profit margin slightly decreased from approximately 27.5% for the six months ended June 30, 2022, to about 27.0% for the six months ended June 30, 2023[43]. - The gross profit increased by approximately 7.3% to about RMB 124.2 million in the first half of 2023, up from approximately RMB 115.7 million in the same period of 2022[81]. - Research and development costs increased by approximately 30.5% from about RMB 39.7 million for the six months ended June 30, 2022, to about RMB 51.8 million for the same period in 2023[47]. - The financing costs increased to RMB 4,045 thousand from RMB 3,896 thousand year-over-year, reflecting higher interest expenses[147]. - The company experienced a significant increase in inventory write-downs to RMB 2,960 thousand, up from RMB 1,141 thousand in the previous year, suggesting challenges in inventory management[136]. Assets and Liabilities - Total non-current assets as of June 30, 2023, amounted to RMB 569,363,000, an increase from RMB 513,308,000 as of December 31, 2022, reflecting a growth of 10.9%[131]. - Current assets increased to RMB 1,730,000,000 from RMB 1,646,000,000, marking a rise of 5.1%[131]. - Total liabilities decreased to RMB 1,901,997,000 from RMB 1,913,948,000, a reduction of 0.9%[133]. - Total current assets rose to RMB 1,755,020 thousand compared to RMB 1,743,081 thousand, marking an increase of about 0.7%[150]. - Total liabilities increased to RMB 423,665 thousand from RMB 408,869 thousand, reflecting a rise of approximately 3.6%[151]. Strategic Initiatives - The group is focusing on expanding its business in the Nordic market and globally through strategic acquisitions and partnerships[14]. - The company plans to enhance R&D of IGBT and SiC modules and accelerate new product development, aiming to initiate overseas sales within the year[33]. - The company has initiated the development of new products including 750V IGBT and FRD chips, and 1200V SiC MOSFET chips, enhancing its R&D capabilities[90]. - The company plans to continue its market expansion and product development strategies to enhance future performance[135]. Shareholder Information - As of June 30, 2023, the company has issued a total of 1,631,662,000 shares[103]. - Max Vision Holdings Limited holds 338,328,347 shares, representing approximately 20.74% of the company's equity[119]. - The new share option plan allows for the issuance of up to 163,083,100 shares, equivalent to about 9.99% of the total shares issued as of the mid-term report date[124]. - The total number of shares that may be issued under the existing share option plan is capped at 136,604,000 shares, which is about 8.37% of the total shares issued as of June 30, 2023[120]. - The company reported no dividends declared for the six months ended June 30, 2023, consistent with the previous year[173].
赛晶科技(00580) - 2023 - 中期财报