生益电子(688183) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥1,973,159,947.77, representing a 24.64% increase compared to ¥1,583,032,746.32 in the same period last year[11]. - Net profit attributable to shareholders of the listed company surged to ¥96,088,732.52, a remarkable increase of 903.93% from ¥9,571,292.46 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was ¥90,548,889.51, reflecting a significant increase of 3,356.73% compared to ¥2,619,497.86 in the previous year[11]. - Basic earnings per share increased to CNY 0.12, up 1,100% from CNY 0.01 in the same period last year[12]. - Diluted earnings per share also reached CNY 0.12, reflecting a 1,100% increase compared to CNY 0.01 year-over-year[12]. - The company's total comprehensive income for the first half of 2024 was ¥92,045,443.79, compared to ¥9,664,707.59 in the same period of 2023[164]. - The company reported a significant increase in net profit driven by growth in gross profit[12]. Assets and Liabilities - The company's total assets increased by 5.65% to ¥6,638,812,032.81 from ¥6,284,056,602.79 at the end of the previous year[11]. - The net assets attributable to shareholders of the listed company decreased slightly by 0.97% to ¥3,888,627,628.77 from ¥3,926,700,668.03 at the end of the previous year[11]. - The company's total liabilities reached ¥2,750,184,404.04 as of June 30, 2024, up from ¥2,357,355,934.76 at the end of 2023, marking a growth of 16.7%[157]. - Current liabilities rose from ¥2,050,019,094.35 to ¥2,393,983,133.50, an increase of approximately 16.7%[156]. Research and Development - The company is actively engaged in the research and development of new products and technologies to enhance its market competitiveness[3]. - Research and development expenses accounted for 5.89% of operating revenue, up 0.23 percentage points from 5.66% in the previous year[12]. - The company invested a total of 116.18 million yuan in R&D during the reporting period, a 29.67% increase compared to the previous year[36]. - The company has initiated new R&D projects in areas such as satellite internet PCBs and 5.5G wireless communication products, enhancing its technological capabilities[30]. Market Trends and Demand - The global PCB market is expected to grow by 5.0% in 2024, reaching $73.026 billion[21]. - The compound annual growth rate (CAGR) for the PCB industry from 2023 to 2028 is projected at 5.4%, with an estimated market value of $90.413 billion by 2028[22]. - The demand for multilayer boards with more than 18 layers is expected to grow by 21.1% in 2024, driven by advancements in AI and automotive sectors[23]. - The AI server market is projected to see a shipment increase of 38.4% in 2024, with an expected total of 1.672 million units[27]. Environmental Initiatives - The company is actively pursuing green development initiatives and has been recognized as a "National Green Factory" in 2023[45]. - The company has implemented carbon reduction measures, resulting in a reduction of 1,319.42 tons of CO2 equivalent emissions[88]. - The company has established two industrial wastewater treatment facilities, ensuring stable compliance with discharge standards[79]. - The company has maintained effective emergency response plans for environmental incidents, with no emergencies reported during the period[83]. Shareholder Commitments and Governance - The company has committed to not transferring or entrusting others to manage its shares for 36 months post-IPO, ensuring stability in shareholding[92]. - The controlling shareholder, Shengyi Technology, has pledged to maintain a long-term holding perspective on the company's stock, indicating confidence in future growth[93]. - The company guarantees that any share reduction will comply with relevant laws and will not exceed 1% of total shares in any 90-day period through centralized bidding[95]. - The company has committed to timely and accurate disclosure of related party transactions as per regulatory requirements[99]. Production Capacity and Expansion - The company plans to establish a new printed circuit board production base in Thailand, with construction expected to start in the second half of this year[53]. - The East City Plant 3 and Plant 4 are gradually releasing capacity, focusing on HDI and rigid-flex boards, which are expected to drive future order expansion[51]. - The company is focused on enhancing its technology and expanding production capacity to meet the evolving demands of its high-quality clients across various industries[142]. Financial Management - The company reported a net cash flow from operating activities of ¥198,861,527.18, a decrease of 23.29% compared to the previous year[60]. - The company's cash and cash equivalents decreased from ¥428,903,984.31 to ¥321,795,496.84, a decline of approximately 25.1%[155]. - The company has temporarily supplemented working capital with idle raised funds not exceeding CNY 350 million, approved on October 26, 2023[131]. - The company has established measures to stabilize stock prices, including public disclosures and potential compensation for investors in case of non-compliance with the stabilization plan[102].