崇达技术(002815) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 2,926,487,476.78, representing a year-on-year increase of 1.62% compared to CNY 2,879,743,786.24 in the same period last year[13]. - The net profit attributable to shareholders for the first half of 2024 was CNY 236,168,473.97, a decrease of 22.99% from CNY 306,653,324.40 in the previous year[13]. - The net profit after deducting non-recurring gains and losses was CNY 218,538,619.64, down 28.44% from CNY 305,378,195.30 year-on-year[13]. - The basic earnings per share for the first half of 2024 was CNY 0.22, a decline of 29.03% compared to CNY 0.31 in the same period last year[13]. - The total comprehensive income for the first half of 2024 was CNY 256,017,588.81, down from CNY 309,179,435.19 in the same period of 2023, reflecting a decrease of about 17.2%[139]. - The total operating costs for the first half of 2024 were CNY 2,645,451,753.21, an increase from CNY 2,487,232,608.26 in the first half of 2023, reflecting a rise of approximately 6.4%[138]. - The financial expenses for the first half of 2024 amounted to CNY 1,321,695.60, compared to a financial income of CNY 12,840,303.13 in the same period of 2023, indicating a significant shift in financial performance[138]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 12,086,505,449.23, an increase of 1.33% from CNY 11,927,781,457.72 at the end of the previous year[13]. - The total liabilities increased to CNY 4,478,349,224.55 from CNY 4,377,663,981.72, marking an increase of 2.30%[133]. - The company's total equity decreased to CNY 4,593,210,319.53 in the first half of 2024 from CNY 4,822,146,403.68 in the previous year, indicating a decline of approximately 4.7%[138]. - The total current liabilities increased to CNY 2,543,201,258.41 from CNY 2,451,936,709.80, a rise of 3.71%[133]. Cash Flow - The net cash flow from operating activities was CNY 297,535,543.09, a significant decrease of 50.55% compared to CNY 601,677,824.31 in the previous year[13]. - The net cash flow from investment activities for the first half of 2024 was -109,322,532.27 CNY, an improvement from -2,335,925,773.06 CNY in the same period of 2023, indicating a significant reduction in cash outflow[144]. - The cash inflow from other financing activities was 186,300,000.00 CNY, an increase from 120,000,000.00 CNY in the same period of 2023, indicating enhanced financial support[144]. Research and Development - In the first half of 2024, the company invested CNY 166 million in R&D, representing a year-on-year increase of 3.86%[27]. - The company continues to focus on high-end PCB products, particularly in the 5G application field, and is increasing investment in high-frequency, high-speed, and IC carrier boards[23]. - The company has formed partnerships with universities to enhance R&D capabilities and foster innovation in new product development[28]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[60]. - The company has obtained environmental impact assessment approvals and necessary permits for water intake, drainage, and pollutant discharge[62]. - The company has implemented measures to ensure that volatile organic compounds (VOCs) emissions are controlled, with a concentration of 0.174 mg/m³ reported[68]. Market Strategy and Expansion - The company has established a sales strategy targeting major clients in key industries such as mobile phones, computers, and automotive, enhancing customer relationships and order stability[24]. - The company plans to invest CNY 1 billion in building overseas production bases to meet global supply chain demands[30]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational capabilities[149]. Shareholder Information - The annual shareholders' meeting had a participation rate of 51.92%, held on May 9, 2024[56]. - The largest shareholder, Jiang Xuefei, holds 45.60% of the shares, totaling 497,821,720 shares[113]. - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the semi-annual period[58]. Financial Management - The company has maintained a loan repayment rate of 100% during the reporting period[129]. - The company has a stable cash flow and is committed to ensuring sufficient funds for future interest payments and bond repayments[128]. - The company has entrusted a total of 272,000,000 in financial management, with an outstanding balance of 260,200,000[106]. Operational Efficiency - The company employs a flexible production model to quickly respond to diverse customer needs, optimizing production organization and personnel allocation[21]. - The company utilizes advanced ERP systems for effective procurement and inventory management, ensuring timely supply of raw materials[20]. - The company plans to enhance efficiency, quality, and reduce costs through group management and benchmarking across factories[53].