银河微电(688689) - 2024 Q2 - 季度财报(更正)

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥416,094,772.18, representing a 26.09% increase compared to ¥329,986,288.74 in the same period last year[10]. - Net profit attributable to shareholders of the listed company was ¥34,841,931.47, up 14.15% from ¥30,523,573.88 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥22,081,784.83, reflecting a 24.15% increase from ¥17,786,538.06 year-on-year[10]. - Basic earnings per share increased by 12.50% to CNY 0.27 compared to the same period last year[11]. - The company achieved a total R&D investment of ¥24,690,301.85, representing a 15.38% increase compared to ¥21,398,632.49 in the same period last year[26]. - The company reported a total comprehensive income for the period of ¥34,249,099.52, compared to ¥30,523,573.88 in the same period of 2023, an increase of 12.5%[124]. Cash Flow and Assets - The net cash flow from operating activities decreased by 42.16% to ¥28,258,382.90, down from ¥48,854,475.41 in the same period last year[10]. - Cash and cash equivalents decreased by 53.81% to CNY 129,407,052.63, mainly due to equity investments and share repurchases[46]. - The company's cash and cash equivalents at the end of the period amounted to CNY 129,407,052.63, a decrease from CNY 280,189,224.35 at the beginning of the period, representing a decline of approximately 53.8%[195]. - The total assets at the end of the first half of 2024 reached RMB 1,304,900,165.70, reflecting the company's financial position[135]. - The total liabilities increased from 238,583,240.93 CNY to 273,365,172.59 CNY in the current period[117]. Research and Development - Research and development expenses accounted for 5.93% of operating revenue, a decrease of 0.55 percentage points from the previous year[11]. - The company invested CNY 24.69 million in R&D during the first half of 2024, accounting for 5.93% of its revenue, and filed 13 new patents, including 5 invention patents[18]. - The company has developed a special passivation process that significantly enhances the breakdown characteristics and high-temperature resistance of power diodes, making them suitable for high-reliability applications[23]. - The company has made significant advancements in chip design and manufacturing, including the development of a unique planar structure that improves reliability and consistency[24]. Market and Industry Trends - The semiconductor discrete device market in China reached a sales scale of CNY 403.59 billion in 2022, with a year-on-year growth of 15.00%, and is projected to be approximately CNY 410 billion in 2023[16]. - The overall market for semiconductor discrete devices is expected to expand significantly due to the rapid development of technologies such as 5G, IoT, and AI[17]. - The semiconductor discrete device industry is experiencing a shift towards new materials and technologies, driven by the demand for energy efficiency and environmental sustainability[16]. Risks and Challenges - The company faces risks related to the loss of core technical personnel and potential technology leaks, which could weaken its competitive position in the semiconductor industry[39]. - The company is exposed to risks from international trade tensions, which could impact its business operations and financial results[40]. - The company has a high dependency on its core technology for production, and any failure in R&D could lead to substantial financial losses due to unproductive investments[39]. Environmental Management - The company invested ¥5.33 million in environmental protection during the reporting period[60]. - All monitored pollutants from wastewater and waste gas emissions met the required standards, including suspended solids (250 mg/L), total phosphorus (3 mg/L), and chemical oxygen demand (300 mg/L)[60]. - The company has established an emergency response plan for environmental incidents, which has been filed with the local environmental protection bureau[64]. Corporate Governance and Compliance - The company has committed to timely and accurate disclosure of any related party transactions as per regulatory requirements[84]. - The company will take responsibility for any losses caused by violations of its commitments to shareholders[84]. - The company has established a framework to ensure that all transactions are conducted at fair market value to protect the interests of shareholders[84]. Shareholder Information - The total number of common shareholders reached 7,838 by the end of the reporting period[102]. - The largest shareholder, Changzhou Galaxy Star Source Investment Co., Ltd., holds 31.61% of the shares[106]. - The company has a repurchase account holding 1.34% of the total share capital[105].