通富微电(002156) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 7,089,341,461.45, representing a 51.82% increase compared to CNY 4,669,555,714.48 in the same period last year[11]. - The net profit attributable to shareholders of the listed company reached CNY 400,831,182.56, a significant increase of 259.67% from CNY 111,445,020.28 in the previous year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 362,620,554.80, up 1,338.92% from CNY 25,200,798.44 in the same period last year[11]. - The net cash flow from operating activities was CNY 2,138,660,298.35, an increase of 185.96% compared to CNY 747,896,568.85 in the previous year[11]. - Basic earnings per share were CNY 0.30, a 200.00% increase from CNY 0.10 in the same period last year[11]. - The total assets at the end of the reporting period were CNY 23,832,779,713.08, reflecting a 12.26% increase from CNY 21,230,751,086.99 at the end of the previous year[11]. - The net assets attributable to shareholders of the listed company were CNY 9,897,951,031.93, up 3.33% from CNY 9,578,582,586.37 at the end of the previous year[11]. - The weighted average return on net assets was 4.10%, an increase of 2.29% compared to 1.81% in the previous year[11]. Revenue Sources - The revenue from integrated circuit packaging and testing accounted for 98.50% of total operating revenue, amounting to ¥6,982,977,930.00, with a year-on-year growth of 52.65%[29]. - Domestic revenue surged by 114.04% to ¥1,943,970,879.98, while overseas revenue grew by 37.45% to ¥5,039,007,050.02[30]. - The company's Chongqing factory saw a significant revenue increase of 64.16% year-on-year, while the Hefei factory's revenue grew by 123.26% year-on-year, turning a profit[17]. Research and Development - Research and development expenses amounted to ¥517,681,299.22, reflecting a 52.85% increase as the company intensified its R&D efforts in response to market demand[26]. - The company has accumulated over 1,100 patent applications, with 72% being invention applications, and has received over 500 patent grants[19]. - The company has focused on developing advanced packaging technologies, with 2.5D/3D packaging products already in the project initiation stage[19]. - The company aims to enhance its capabilities in advanced packaging and testing through R&D and acquisitions, particularly in high-demand products[44]. Operational Strategies - The company has established a supply chain strategy to ensure material security, including agreements with key suppliers to secure capacity shares[20]. - The company is actively expanding its production capacity, with the completion of several factory constructions, including the intelligent packaging testing center in Chongqing[21]. - The company has implemented an employee stock ownership plan, enhancing employee engagement and aligning interests between workers and owners[22]. - The company has integrated various data systems to improve operational efficiency, achieving a 98% connectivity rate for key processes across its factories[23]. Market Position and Risks - The company emphasizes the importance of risk awareness regarding market fluctuations and the potential inability to industrialize new technologies and products on schedule[3]. - The company is addressing risks related to raw material supply and price fluctuations, particularly for imported materials essential for high-end packaging[44]. - The company is actively monitoring the impact of the COVID-19 pandemic on its operations and is prepared to respond to potential disruptions[45]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[50]. - The wastewater discharge for COD was 81.85 tons, with a concentration of 54.525 mg/L, below the limit of 300 mg/L[51]. - The company has implemented measures to ensure compliance with environmental standards across its facilities[52]. - The company achieved a 100% lead-free packaging rate, complying with EU ROHS certification standards[57]. Shareholder Information - The company had a total share capital of 1,329,036,928 shares, with 175,320,981 shares released from restrictions, accounting for 13.21% of the total share capital[79]. - The largest shareholder, Nantong Huada Microelectronics Group, holds 23.14% of shares, totaling 307,541,893 shares[86]. - The company reported a significant reduction in state-owned and domestic institutional holdings, with a decrease of 36,955,519 shares, resulting in 0 shares remaining in this category[79]. Financial Management - The company reported a net increase in cash and cash equivalents of ¥1,164,140,916.64, a remarkable rise of 887.84% compared to the previous year[27]. - The cash flow from investment activities showed a net outflow of ¥2,097,149,464.39, a decrease of 15.23% compared to the previous year, mainly due to increased cash outflows for fixed asset purchases[26]. - The company has entrusted financial management with a total amount of CNY 28,537,640, with an outstanding balance of CNY 89,814,460[75]. Corporate Governance - The company reported that there were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[60]. - There were no violations regarding external guarantees during the reporting period[62]. - The company's semi-annual report was not audited[61]. - There were no major litigation or arbitration matters during the reporting period[62].