深康佳B(200016) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the reporting period was ¥5,412,530,372.47, a decrease of 48.31% compared to the same period last year[10]. - The net profit attributable to shareholders of the listed company was -¥1,087,581,842.55, representing a decline of 462.81% year-on-year[10]. - The net cash flow from operating activities was -¥439,338,365.13, which is a 117.98% decrease compared to the previous year[10]. - The total assets at the end of the reporting period were ¥34,324,017,267.75, down 4.19% from the end of the previous year[10]. - The net assets attributable to shareholders of the listed company decreased by 19.33% to ¥4,553,306,674.94[10]. - The basic earnings per share for the reporting period was -¥0.4517, a decrease of 462.52% compared to the same period last year[10]. - The company reported a significant increase in non-recurring losses, with a net loss of -¥1,103,078,610.72 after deducting non-recurring gains and losses, a 23.72% increase year-on-year[10]. - The weighted average return on net assets was -21.33%, a decline of 18.78% compared to the previous year[10]. - The company reported a significant increase in financial expenses, totaling ¥280,912,375.66, up 41.11% from ¥199,075,624.50 in the previous year[19]. - The company reported a net loss attributable to shareholders of 1.088 billion yuan, accounting for 23.89% of net assets[71]. Governance and Management - The management emphasized the importance of ensuring the financial report's authenticity, accuracy, and completeness[1]. - All board members attended the meeting to review the semi-annual report, indicating strong governance practices[1]. - There were no changes in the board of directors or senior management during the reporting period, except for several resignations and appointments in August 2024[35]. - The semi-annual financial report has not been audited yet[45]. - The company has not undergone any bankruptcy reorganization during the reporting period[45]. Strategic Focus - The company is focusing on the integration of "consumer electronics + semiconductors" as its main business strategy[18]. - The company plans to focus on the "consumer electronics + semiconductor" dual business strategy to enhance operational efficiency and profitability[71]. - The company aims to optimize product structure and sales strategies in its television business, despite ongoing losses[71]. - The company has established a three-tier R&D system with nearly 1,500 R&D personnel and has introduced industry talent for the Micro LED project[16]. Market Conditions - In the first half of 2024, the domestic color TV market retail volume decreased by 7.9% to 13.51 million units[14]. - The domestic air conditioning market saw a sales revenue decline of 14.5% to 111.4 billion yuan in the first half of 2024[15]. - The domestic refrigerator market retail revenue increased by 0.4% to 65.2 billion yuan, supported by trade-in policies[15]. Environmental Compliance - The company has received environmental permits for its subsidiaries, including the approval for the expansion project at Xingda Hongye, which allows for the production of 200,000 square meters/year of single-sided PCBs and 250,000 square meters/year of double-sided PCBs[36]. - The company adheres to multiple environmental protection laws and standards, including the "Electroplating Pollutants Discharge Standard GB 21900-2008" for wastewater and air emissions[36]. - The company has maintained a focus on environmental compliance and sustainability in its operational practices[36]. - The wastewater treatment capacity of the combined facility for Boro Konka and Boro Precision has been upgraded to 2,200 tons per day, with a discharge volume of 1,100 tons per day and a reuse rate exceeding 60%[40]. Legal Matters - The company reported a lawsuit involving its subsidiary Shenzhen Konka Pengrun Technology Industry Co., Ltd., claiming a total amount of 166.81 million CNY against multiple defendants for unpaid goods and penalties[45]. - In another lawsuit, the company won a case against a party for a total of 2.13 million CNY related to a guarantee contract dispute, which has been concluded[46]. - The company is currently involved in a significant lawsuit for 752.15 million CNY regarding a contract dispute, which is under second-instance review[46]. Shareholder Rights and Dividends - The company reported a plan not to distribute cash dividends or issue bonus shares for the fiscal year 2024[1]. - The company emphasizes the protection of shareholder rights, ensuring timely and accurate information disclosure[44]. - The company adheres to a cash dividend policy in line with its articles of association and shareholder resolutions[44]. Financial Instruments and Investments - The company has issued corporate bonds totaling 2.3 billion RMB, with 1.5 billion RMB issued on January 29, 2024, and 800 million RMB issued on March 18, 2024[62]. - The company has established the Dongfang Jiakang Industrial M&A Fund with a total scale of 1,001 million RMB, with Shenzhen Konka Investment Holding Co., Ltd. contributing 500 million RMB, accounting for 49.95% of the fund[60]. - The company has a total of CNY 4,642,608,247.96 in restricted assets, primarily due to various forms of collateral for loans[26]. Research and Development - Research and development expenses amounted to ¥214,578,026.81, a decrease of 9.47% from ¥237,033,893.11 in the previous year[19]. - The company has optimized its white goods business structure and strengthened its brand through acquisitions, including the "Xingfei" brand[14]. Taxation - The corporate income tax rate for the company is 25%, with various subsidiaries benefiting from reduced rates due to high-tech enterprise certifications, such as a 15% rate for several subsidiaries[194][195]. - The company will enjoy a preferential corporate income tax rate of 15% for three consecutive years from 2023 to 2025 due to its high-tech enterprise status in Shaanxi and Jiangsu provinces[196][197].