Financial Performance - Revenue for the six months ended June 30, 2024, was NT$535,007,000, a decrease of 28.6% compared to NT$749,511,000 for the same period in 2023[2] - Gross profit for the same period was NT$156,586,000, down 25.3% from NT$209,609,000 year-over-year[2] - Net profit attributable to owners for the six months was NT$38,703,000, a decline of 49.5% from NT$76,589,000 in the previous year[2] - Basic earnings per share for the six months was NT$3.87, down 49.5% from NT$7.66 in the same period last year[2] - The company reported other income of NT$2,863,000, significantly higher than NT$154,000 in the previous year[2] - The total expenses for the six months ending June 30, 2024, were NT$474,966,000, a decrease of 24.7% from NT$630,843,000 in 2023[21] - The company’s total comprehensive income for the six months ended June 30, 2024, was NT$31,300 thousand, compared to NT$76,338 thousand in the same period of 2023, indicating a decrease of about 59.0%[5] Assets and Liabilities - Total assets as of June 30, 2024, amounted to NT$2,164,770,000, an increase of 2.9% from NT$2,102,883,000 at the end of 2023[3] - Total liabilities increased to NT$1,327,858,000 as of June 30, 2024, compared to NT$1,297,271,000 at the end of 2023, reflecting a rise of 2.4%[4] - Cash and cash equivalents decreased to NT$119,084,000 from NT$150,739,000, representing a decline of 21.0%[3] - Inventory increased to NT$1,076,736,000, up 5.4% from NT$1,021,300,000 at the end of 2023[3] - As of June 30, 2024, total equity reached NT$836,912 thousand, an increase from NT$788,847 thousand as of June 30, 2023, representing a growth of approximately 6.1%[5] - The company’s total liabilities decreased from NT$224,395 thousand as of June 30, 2023, to NT$301,137 thousand as of January 1, 2024, reflecting a reduction of approximately 34.3%[5] Cash Flow and Financial Management - The company reported a net cash flow from operating activities of NT$10,491 thousand for the six months ended June 30, 2024, compared to a net cash outflow of NT$78,215 thousand for the same period in 2023[6] - The cash and cash equivalents at the end of June 30, 2024, were NT$119,084 thousand, up from NT$106,143 thousand at the end of June 30, 2023, indicating an increase of about 12.5%[6] - The company’s financial costs were NT$638,000, a decrease from NT$9,835,000 in the previous year, indicating improved financial management[2] - The company’s cash flow from financing activities showed a net outflow of NT$11,182 thousand for the six months ended June 30, 2024, compared to a net outflow of NT$16,903 thousand in the previous year, indicating an improvement of about 33.9%[6] Shareholder Information - Major shareholders hold approximately 70.21% of the total shares, with significant ownership by key executives[57] - Major shareholder Jiajian Development Company holds 374,625,000 shares, representing 37.46% of total shares[59] - The total shares held by the concert party is 702,050,000, representing 70.21% of total shares[59] - The board of directors does not recommend the payment of dividends for the six months ending June 30, 2024[56] Market Trends and Industry Outlook - The semiconductor industry is experiencing significant growth driven by the rise of generative AI technology, with global semiconductor sales reaching US$49.1 billion in May 2024, a year-over-year increase of 19.3%[40] - Global smartphone shipments saw a year-over-year growth of 6.5% in Q2 2024, totaling 285.4 million units, indicating a positive market trend[41] - The global semiconductor market is projected to grow by 16% in 2024, reaching US$611 billion, driven by increased investments in AI projects[46] - The global automotive semiconductor market is projected to exceed $8.8 billion by 2027, with a compound annual growth rate (CAGR) of 12% from 2023 to 2027[49] Corporate Governance and Compliance - The audit committee has reviewed the unaudited consolidated second quarter results for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and GEM listing rules[69] - The company has adopted corporate governance principles in accordance with GEM listing rules, with no significant deviations noted[67] - The group has adopted new accounting standards effective from January 1, 2024, with no significant impact on consolidated performance and financial position[9]
靖洋集团(08257) - 2024 - 中期业绩