Yoke Technology(SZ:002409)2024-08-27 11:02Financial Performance - The company's operating revenue for the first half of 2024 reached ¥3,256,612,327.27, representing a 40.21% increase compared to ¥2,322,618,899.25 in the same period last year[14]. - Net profit attributable to shareholders was ¥519,536,902.28, up 52.19% from ¥341,365,365.06 year-on-year[14]. - The net profit after deducting non-recurring gains and losses was ¥526,231,367.38, reflecting a 50.67% increase from ¥349,267,958.90 in the previous year[14]. - Basic earnings per share increased to ¥1.0916, a rise of 49.53% compared to ¥0.73 in the same period last year[14]. - The company's operating profit and total profit for the same period were CNY 671.74 million and CNY 669.95 million, respectively, both up by approximately 53.93% and 53.94% year-on-year[18]. - The net profit attributable to shareholders of the listed company reached CNY 530.32 million, reflecting a year-on-year growth of 52.84%[18]. - The company's total revenue for the first half of 2024 reached CNY 3,256,612,327.27, representing a year-on-year increase of 65.86%[30]. - The company reported a total comprehensive income of CNY 368,196,129.24 for the first half of 2024, compared to CNY 326,053,180.67 in the same period of 2023[113]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥14,249,549,237.48, marking a 12.96% increase from ¥12,614,270,358.79 at the end of the previous year[14]. - The net assets attributable to shareholders were ¥7,097,612,278.51, which is a 2.74% increase from ¥6,908,080,559.76 at the end of the previous year[14]. - The total liabilities increased to CNY 5.28 billion, up from CNY 3.95 billion, indicating a growth of around 33.73%[107]. - The company's total equity decreased to CNY 5,255,925,393.94 in the first half of 2024 from CNY 5,376,490,456.08 in the first half of 2023[112]. - The total amount raised from the non-public offering in August 2021 was approximately RMB 1.19 billion, with a net amount of RMB 1.18 billion after deducting underwriting and advisory fees[40]. Cash Flow - The net cash flow from operating activities decreased significantly by 91.24%, amounting to ¥18,604,074.17 compared to ¥212,418,273.57 in the same period last year[14]. - Cash flow from operating activities generated a net cash inflow of CNY 18,604,074.17, significantly lower than CNY 212,418,273.57 in the same period last year[117]. - Cash flow from investing activities resulted in a net outflow of CNY 770,014,200.75, compared to a net outflow of CNY 727,385,762.98 in the first half of 2023[117]. - Cash flow from financing activities generated a net inflow of CNY 698,864,574.67, an increase from CNY 478,227,469.98 in the same period of 2023[117]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of ¥3.2 per share (including tax) based on a total of 475,927,678 shares[5]. - The company declared a cash dividend of 3.2 yuan per 10 shares, totaling approximately 152.30 million yuan[58]. - The company’s total distributable profit stands at approximately 2.61 billion yuan[58]. - The company plans to distribute a cash dividend of RMB 3.2 per 10 shares, totaling RMB 152,296,856.96, which accounts for 29.31% of the net profit attributable to shareholders for the first half of 2024[59]. Research and Development - The company maintained a high level of R&D investment, focusing on new products and technologies to enhance market competitiveness[24]. - Research and development expenses increased to CNY 103,643,956.53 in the first half of 2024, up 41.8% from CNY 73,100,621.90 in the first half of 2023[112]. Environmental Compliance - The company completed the renewal of its national pollutant discharge permit on July 15, 2023, valid until July 14, 2028[63]. - The company reported a total discharge of 0.134 tons of chemical oxygen demand, with a concentration of 21.73 mg/l, below the standard of 70 mg/l[64]. - The company has no instances of exceeding pollutant discharge standards during the reporting period[64]. - The company has implemented measures to ensure that the total discharge of pollutants does not exceed the regulatory limits, with a total particulate matter discharge of 91.37 tons reported[66]. Subsidiaries and Acquisitions - The company acquired 90% of Chengdu Kemeite Special Gas Co., Ltd. and 84.83% of Jiangsu Xianke Semiconductor New Materials Co., Ltd. through a share issuance totaling 119,025,898 shares at a price of 20.73 RMB per share[132]. - The subsidiary Huafei Electronics reported a net profit of CNY 288.48 million, contributing significantly to the company's overall profitability[49]. - The subsidiary Kemet achieved a net profit of CNY 4,421.94 million, indicating strong performance in the production and sales of sulfur hexafluoride and tetrafluoromethane[49]. Corporate Governance - The company appointed a new CFO, Qin Hongjian, effective May 30, 2024, following the resignation of Zhang Xiaoyu[57]. - The company has not engaged in any significant litigation or arbitration matters during the reporting period[79]. - The company has committed to avoiding any competition with its controlling shareholders and related parties[78]. Market and Industry Trends - The semiconductor precursor materials sales saw significant growth, with the company achieving full coverage among major domestic storage and logic chip manufacturers[19]. - The LNG insulation board business continued to grow, benefiting from the robust development of the shipbuilding industry and increasing demand for insulation materials[21]. - The company is actively engaged in market expansion efforts, aiming to enhance its competitive position in the industry while maintaining environmental compliance[66].