铂科新材(300811) - 2024 Q2 - 季度财报

Section I Important Notice, Table of Contents, and Definitions This section includes important notices, the report's table of contents, and definitions of key terms Important Notice The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content and assume legal responsibility - The company's board of directors, supervisory board, and senior management guarantee the report content's truthfulness, accuracy, and completeness[2] - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[2] Table of Contents This section lists the ten main chapters of the semi-annual report, covering company profile, management discussion and analysis, corporate governance, environmental and social responsibility, significant matters, share changes and shareholder information, preferred shares, bonds, and financial reports Definitions This section defines common terms used in the report, including reporting period, company name, major subsidiaries, key customers, and specialized technical terms, ensuring accurate understanding of the report content - The reporting period refers to January 1, 2024 to June 30, 2024[5] - The company's main customers include ABB, MPS, Infineon, Huawei, Sungrow, Gree, ZTE, Midea, BYD, Delta, GoodWe, Ginlong Technologies, Megmeet, TDK, VMAX, Eaton, and other renowned domestic and international manufacturers[5] - The report defines several specialized technical terms, such as metal soft magnetic, metal magnetic powder cores, inductors, GPU, CPU, ASIC, FPGA, 5G, AI, IoT, to aid in understanding the company's business[5][6] Section II Company Profile and Key Financial Indicators This section provides a company overview and key financial data and indicators I. Company Profile Shenzhen Boke New Materials Co., Ltd.'s stock abbreviation, code, listing exchange, and legal representative information remain unchanged - The company's stock abbreviation is “Boke New Materials”, stock code “300811”, listed on the Shenzhen Stock Exchange[7] - The company's legal representative is Du Jianghua[7] II. Contact Person and Information The contact address, telephone, fax, and email information for the company's Board Secretary Ruan Jialin and Securities Affairs Representative Li Zhengping have been disclosed - The Board Secretary is Ruan Jialin, and the Securities Affairs Representative is Li Zhengping[8] - The contact address is Room 1301, Building B, Zhigu R&D Building, Shuguang Community, Xili Street, Nanshan District, Shenzhen[8] III. Other Information During the reporting period, the company's registered address, office address, website, email, information disclosure and placement locations, and registration status remained unchanged, with details available in the 2023 Annual Report - The company's contact information, information disclosure and placement locations, and registration status remained unchanged during the reporting period[9][10][11] IV. Key Accounting Data and Financial Indicators During the reporting period, the company's operating revenue and net profit attributable to shareholders of the listed company both achieved significant growth, net cash flow from operating activities increased substantially year-on-year, and total assets and net assets attributable to shareholders of the listed company also steadily improved. In June 2024, the company implemented its 2023 capital reserve capitalization plan, recalculating the earnings per share indicators Key Accounting Data and Financial Indicators (Current Period vs. Prior Period) | Item | Current Period (RMB) | Prior Period (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 796.10 million RMB | 581.62 million RMB | 36.88% | | Net Profit Attributable to Shareholders of Listed Company | 185.22 million RMB | 134.05 million RMB | 38.18% | | Net Profit Attributable to Shareholders of Listed Company After Non-recurring Gains and Losses | 179.71 million RMB | 126.70 million RMB | 41.84% | | Net Cash Flow from Operating Activities | 119.58 million RMB | 24.69 million RMB | 384.40% | | Basic Earnings Per Share (RMB/share) | 0.51 | 0.48 | 6.25% | | Diluted Earnings Per Share (RMB/share) | 0.51 | 0.48 | 6.25% | | Weighted Average Return on Net Assets (%) | 9.28% | 7.90% | 1.38% | | End of Current Period vs. End of Prior Year | | | | | Total Assets (RMB) | 2.76 billion RMB | 2.51 billion RMB | 9.74% | | Net Assets Attributable to Shareholders of Listed Company (RMB) | 2.07 billion RMB | 1.90 billion RMB | 9.05% | - The company implemented the 2023 capital reserve capitalization plan in June 2024, recalculating the earnings per share for the prior period[12] V. Differences in Accounting Data Under Domestic and Overseas Accounting Standards During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under International Accounting Standards or overseas accounting standards and Chinese accounting standards - The company had no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese accounting standards during the reporting period[14] - The company had no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese accounting standards during the reporting period[15] VI. Non-recurring Gains and Losses Items and Amounts During the reporting period, the company's total non-recurring gains and losses amounted to 5.51 million RMB, primarily including government grants, gains/losses on disposal of non-current assets, and gains/losses from entrusted investments or asset management, which had a certain impact on the net profit attributable to shareholders of the listed company Non-recurring Gains and Losses Items and Amounts | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets (including reversal of impairment provisions) | -0.58 million RMB | | Government Grants Recognized in Current Profit/Loss (excluding those closely related to normal business operations, compliant with national policies, enjoyed under fixed standards, and having a sustained impact on the company's profit/loss) | 6.68 million RMB | | Fair Value Change Gains/Losses from Financial Assets and Liabilities Held by Non-financial Enterprises (excluding effective hedging related to normal business operations) and Gains/Losses from Disposal of Financial Assets and Liabilities | -11,084.93 RMB | | Gains/Losses from Entrusted Investments or Asset Management | 0.27 million RMB | | Other Non-operating Income and Expenses | 0.19 million RMB | | Less: Income Tax Impact | 1.04 million RMB | | Minority Interest Impact (after tax) | 517.69 RMB | | Total | 5.51 million RMB | - The company has no other profit/loss items that meet the definition of non-recurring gains/losses, nor does it classify non-recurring gains/losses as recurring gains/losses[17][18] Section III Management Discussion and Analysis This section presents management's discussion and analysis of the company's operations and financial condition I. Main Business Activities During the Reporting Period The company primarily engages in the R&D, production, and sales of metal soft magnetic powder, metal soft magnetic powder cores, and chip inductors, providing high-performance soft magnetic materials, inductors, and integrated solutions for power conversion. During the reporting period, the company achieved rapid performance growth, with operating revenue and net profit reaching historical highs, mainly driven by the steady growth of metal soft magnetic powder cores, the rapid development of chip inductors, and the increased capacity release and market recognition of metal soft magnetic powder. The company continues to advance its "Wutong Tree" business development plan, building three growth curves - The company's main business is the R&D, production, and sales of magnetic components such as metal soft magnetic powder, metal soft magnetic powder cores, and chip inductors[19] - The company's products are widely used in carbon neutrality and AI industry chain fields such as photovoltaic power generation, new energy vehicles, data centers, AI, intelligent driving, energy storage, and communication power supplies[20] - During the reporting period, the company achieved operating revenue of 796 million RMB, a 36.88% year-on-year increase; net profit attributable to shareholders of the listed company was 185 million RMB, a 38.18% year-on-year increase, setting a new historical high for operating performance[23] - The company has built three growth curves: metal soft magnetic powder cores, chip inductors, and metal soft magnetic powder, and continues to advance its "Wutong Tree" business development plan, driven by technology and product innovation[23][25][27] (I) Main Business The company specializes in the R&D, production, and sales of magnetic components such as metal soft magnetic powder, metal soft magnetic powder cores, and chip inductors, providing high-