富士达(835640) - 2022 Q2 - 季度财报

Financial Performance - The company achieved a revenue of 390 million yuan in the first half of 2022, representing a growth of 37.3% compared to the same period last year[5]. - The company's operating revenue for the current period is ¥394,765,550.48, representing a 37.31% increase compared to ¥287,501,442.10 in the same period last year[26]. - The net profit attributable to shareholders for the current period is ¥75,995,386.53, which is a 53.46% increase from ¥49,522,844.02 in the previous year[26]. - The company reported a total comprehensive income of ¥80,073,421.48 for the first half of 2022, an increase from ¥53,263,186.38 in the previous year[162]. - The basic earnings per share for the current period is ¥0.40, up from ¥0.26 in the same period last year, marking a 53.46% increase[26]. - The company reported a net profit for the first half of 2022 of ¥79,982,616.53, up 49.9% from ¥53,284,869.04 in the same period last year[161]. - Operating profit for the first half of 2022 was ¥91,595,393.90, representing a 58.5% increase from ¥57,775,151.68 in the first half of 2021[161]. Assets and Liabilities - The total assets at the end of the current period amount to ¥1,263,401,058.61, reflecting a 13.92% increase from ¥1,108,982,782.66 at the end of the previous year[27]. - The company's debt-to-asset ratio (consolidated) is 44.04%, up from 40.10% in the previous year[27]. - The company's liabilities totaled 556.43 million yuan, an increase of 11.17 million yuan or 25.12% from the beginning of the period, primarily due to expanded production and sales scale[40]. - Current liabilities rose to CNY 502,255,185.13, up from CNY 393,017,652.34, indicating an increase of about 28%[154]. - The total liabilities increased to CNY 556,425,746.25 from CNY 444,712,310.62, reflecting a growth of around 25%[154]. Cash Flow - The cash flow from operating activities for the reporting period was -19.95 million yuan, indicating a negative cash flow situation[12]. - The net cash flow from operating activities for the current period is -¥19,952,520.86, an improvement of 29.75% from -¥28,404,041.38 in the previous year[27]. - Cash inflow from financing activities increased significantly to CNY 89,818,600.68 in 2022 from CNY 30,999,577.62 in 2021, marking an increase of over 189%[167]. - The ending cash and cash equivalents balance for the first half of 2022 was CNY 74,573,135.28, down from CNY 138,327,337.96 at the end of the first half of 2021[167]. Customer Concentration and Risks - The top five customers accounted for 72.45% of the company's total revenue, indicating a high customer concentration risk[12]. - The company faces risks related to changes in downstream industry demand, particularly in the communication sector, which could adversely affect revenue growth[11]. - The company has established a special team to manage accounts receivable and improve collection rates, addressing the risk of large accounts receivable[71]. - The company is actively monitoring national tax policies to mitigate risks associated with potential changes in tax benefits[77]. Research and Development - The company has a total of 119 valid patents, including 10 invention patents, 108 utility model patents, and 1 design patent[32]. - R&D investment reached 22.44 million yuan, supporting advancements in key projects like 5G communication and aerospace connectors[42]. - Research and development expenses for the first half of 2022 were ¥22,442,865.64, slightly down from ¥24,741,017.24 in the same period of 2021[161]. Governance and Compliance - The company has established a disciplinary committee to enhance governance and compliance within its operations[5]. - The company commits to strict adherence to laws and regulations to ensure governance structure supports shareholder rights and board decision-making[106]. - The controlling shareholder has pledged to avoid unnecessary related-party transactions and ensure fair market principles are followed[107]. Market Expansion and Strategy - The company is focused on expanding its market presence and developing new products in the RF coaxial connector and cable assembly sectors[20]. - The company plans to expand its market presence in aerospace, commercial satellites, data collection, quantum computing, and medical equipment sectors[33]. - The company is actively participating in industry exhibitions and technical standard discussions to better understand market demand and trends[70]. Shareholder Information - The company has a total of 187,728,000 shares, with 88.95% being unrestricted shares[122]. - The cash dividend distribution will be at least 10% of the distributable profit for the year, provided certain conditions are met[114]. - The controlling shareholder, AVIC Optoelectronics, holds 87,551,776 shares, representing 46.64% of the total share capital[126].