斯达半导(603290) - 2022 Q2 - 季度财报

Financial Performance - The company's revenue for the first half of 2022 reached ¥1,154,126,174.18, representing a 60.53% increase compared to ¥718,936,689.72 in the same period last year[16]. - Net profit attributable to shareholders was ¥346,544,201.38, a significant increase of 125.05% from ¥153,986,354.79 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥331,530,921.55, up 134.10% from ¥141,619,963.59 year-on-year[16]. - The net cash flow from operating activities was ¥340,861,351.75, reflecting a 135.82% increase compared to ¥144,543,388.58 in the same period last year[16]. - Basic earnings per share for the reporting period (January to June) increased by 111.07% to 2.0313 CNY compared to the same period last year[17]. - Diluted earnings per share rose by 110.84% to 2.0281 CNY year-on-year[17]. - The net profit for the period increased, contributing to an increase in undistributed profits by 28.45% to ¥1,024,615,465.04 from ¥797,666,111.72[33]. - The total comprehensive income attributable to the parent company for the first half of 2022 was ¥348,032,756.97, compared to ¥155,042,476.83 in the same period of 2021, indicating an increase of about 124.5%[86]. Assets and Liabilities - Total assets increased by 9.09% to ¥6,023,749,617.51 from ¥5,522,047,609.02 at the end of the previous year[16]. - The net assets attributable to shareholders at the end of the reporting period were ¥5,232,289,363.76, a 4.70% increase from ¥4,997,248,110.64 at the end of the previous year[16]. - The company's total liabilities rose to ¥790,135,337.95 from ¥525,231,690.58, indicating an increase of about 50.5%[80]. - The company's long-term borrowings increased by 147.13% to ¥255,748,154.49 from ¥103,488,800.00, indicating new bank loans taken during the period[33]. - Total current assets increased to ¥4,862,497,222.71 from ¥4,757,092,134.44, representing a growth of approximately 2.2%[78]. - Total non-current assets increased to ¥1,161,252,394.80 from ¥764,955,474.58, a rise of approximately 52%[79]. Revenue Sources and Market Position - The company's revenue from the new energy sector grew by 197.89% year-on-year, amounting to 546.78 million RMB[27]. - The company supplied IGBT modules for over 500,000 new energy vehicles, with expectations for further increases in the second half of the year[27]. - The company ranked 6th globally in IGBT module market share in 2020, and 1st among Chinese companies, establishing itself as a leader in the domestic IGBT industry[25]. - The global power semiconductor market size reached 42.2 billion USD in 2020, with a year-on-year growth of 4.6%, while China's market size was 15.3 billion USD, growing by 6.3%[22]. Research and Development - Research and development expenses increased by 75.11% to ¥78,201,532.87 from ¥44,658,834.25, reflecting the company's commitment to enhancing R&D investment[29]. - The company emphasizes continuous R&D innovation to meet customer needs and enhance product competitiveness[22]. - The company has developed over a hundred personalized products to meet customer demands, enhancing long-term cooperation with existing clients[25]. - The company is currently engaged in the SiC chip R&D and industrialization project, with a total investment of ¥19,462.57 million and a fundraising target of ¥24,073.23 million[38]. Investment and Expansion - The company is currently expanding its production capacity for IGBT modules for electric vehicles, with a total investment of ¥16,054.98 million[37]. - The ongoing construction of the technology R&D center has seen an investment of ¥5,396.21 million, indicating a focus on enhancing technological capabilities[37]. - The company plans to continue focusing on market-driven innovation to become a global leader in power semiconductor devices[27]. Risk Factors and Compliance - The report includes a detailed description of potential risk factors that may affect the company's future development[4]. - The company faces risks related to macroeconomic fluctuations, which could negatively impact sales and profits due to the semiconductor industry's sensitivity to economic conditions[44]. - The company has confirmed compliance with all regulatory requirements regarding share lock-up periods[63]. - There were no major lawsuits or arbitration matters during the reporting period[66]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 25,510[73]. - The top ten shareholders hold a total of 71,266,800 shares, accounting for 41.77% of the total shares[74]. - The largest shareholder, Hong Kong Star Holdings Limited, holds 71,266,800 restricted shares, which will be tradable on February 5, 2023[76]. - The total number of restricted shares released during the reporting period is 10,606,060 shares[72]. Accounting Policies - The company's accounting currency is Renminbi (RMB)[112]. - The financial statements were approved by the board of directors on August 26, 2022[106]. - The company has not made any significant changes to its accounting policies or estimates during the reporting period[161]. - The company recognizes revenue when control of goods or services is transferred to the customer, with revenue primarily derived from the sale of IGBT modules[149].