TFME(SZ:002156)2022-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥9.57 billion, representing a 34.95% increase compared to ¥7.09 billion in the same period last year[12]. - The net profit attributable to shareholders was approximately ¥365 million, a decrease of 8.84% from ¥401 million in the previous year[12]. - The net cash flow from operating activities increased by 37.86% to approximately ¥2.95 billion, compared to ¥2.14 billion in the same period last year[12]. - Total assets at the end of the reporting period were approximately ¥30.62 billion, reflecting a 12.97% increase from ¥27.10 billion at the end of the previous year[12]. - The net assets attributable to shareholders increased by 4.40% to approximately ¥10.90 billion, compared to ¥10.44 billion at the end of the previous year[12]. - Basic earnings per share decreased by 6.67% to ¥0.28, down from ¥0.30 in the same period last year[12]. - The company reported a decrease of 14.23% in non-recurring profit and loss, with net profit from this category at approximately ¥311 million compared to ¥362 million in the previous year[12]. - The weighted average return on net assets was 3.44%, down from 4.10% in the same period last year[12]. - The company's financial performance was positively adjusted to a net profit of 502 million yuan when excluding non-operating factors, reflecting a year-on-year increase of 25.42%[16]. - The company's revenue for the reporting period reached ¥9,567,157,644.65, representing a year-on-year increase of 34.95% compared to ¥7,089,341,461.45 in the previous year[29]. Revenue and Growth - The company achieved a revenue of 9.567 billion yuan in the first half of 2022, representing a year-on-year growth of 34.95%[16]. - The company introduced 84 new projects in the automotive sector at the Chongchuan factory, contributing to a revenue of 3.511 billion yuan, up 7.83% year-on-year[17]. - The Nantong factory reported a revenue of 920 million yuan, marking an impressive growth of 83.15% year-on-year, with 42 new products introduced[17]. - Integrated circuit packaging accounted for ¥9,313,970,937.32, or 97.35% of total revenue, with a growth of 33.38% from ¥6,982,977,930.00[31]. - Revenue from material sales surged by 851.71%, reaching ¥142,247,624.26, up from ¥14,946,466.10[31]. - Revenue from overseas markets was ¥6,788,546,773.70, accounting for 70.96% of total revenue, with a year-on-year growth of 34.38%[32]. Investment and R&D - Research and development investment rose by 18.77% to ¥614,829,412.46, up from ¥517,681,299.22, reflecting the company's commitment to enhancing R&D capabilities[29]. - The company has filed a total of 1,285 patent applications, with approximately 70% being invention patents, enhancing its competitive edge in advanced packaging technology[19]. - The company is expanding its production capacity with the completion of a 20,000 square meter facility in Nantong and a new factory in Penang, expected to be operational by 2023[21]. - The company has achieved significant research results through national projects and the acquisition of AMD's packaging assets, enhancing its capacity for large-scale advanced packaging[58]. - The company plans to continue its investment in new technologies and market expansion strategies to enhance future growth prospects[124]. Cash Flow and Financial Management - Cash paid for purchasing goods and services increased by 54.67% to ¥6,939,806,636.25, driven by expanded operational scale[30]. - Cash received from investment activities dropped by 88.18% to ¥121,531,543.28, primarily due to the absence of bank wealth management product redemptions in the current period[30]. - The company’s cash outflow for fixed asset purchases rose by 41.87% to ¥3,822,327,327.71, attributed to payables from last year's investments in facilities and equipment[30]. - The company’s investment activities resulted in a net cash outflow of approximately CNY 3.79 billion in the first half of 2022, compared to a net outflow of CNY 2.10 billion in the same period of 2021, indicating a significant increase in investment expenditures[120]. - The financing activities generated a net cash inflow of CNY 1.99 billion in the first half of 2022, compared to CNY 1.16 billion in the same period of 2021, reflecting an increase of approximately 71.8%[120]. Risk Management - The company faces risks related to industry and market fluctuations, new technology and product development delays, and raw material supply and price changes[3]. - The company is closely monitoring the impact of the COVID-19 pandemic on its operations and financial performance, ensuring production continuity[59]. - The company is taking measures to address risks from international trade disputes, particularly the US-China trade tensions, which could indirectly affect its operations[60]. - The company has established a supply chain management strategy to ensure material supply security amid pandemic-related disruptions, facilitating stable production operations[20]. Environmental Responsibility - The company reported a total wastewater discharge of 229.27 tons for COD, which is below the regulatory limit of 650.49 tons, indicating compliance with environmental standards[70]. - The company achieved a wastewater discharge of 14.49 tons for NH3-N, significantly lower than the limit of 44.9037 tons, demonstrating effective pollution control measures[70]. - The company has invested in wastewater recycling systems, with the Chongchuan factory recycling approximately 1,000 tons per day and the Sutong factory about 600 tons per day[72]. - The company has maintained a zero exceedance rate for all monitored pollutants, showcasing its commitment to environmental responsibility[70]. - The company was recognized as a "Green Factory" and a "Green Supply Chain Demonstration Enterprise" by national authorities[75]. Corporate Governance and Compliance - The financial statements were approved by the board on August 23, 2022, reflecting the company's financial status as of June 30, 2022[136]. - The company adheres to the accounting standards set by the Ministry of Finance and the China Securities Regulatory Commission, ensuring compliance and transparency[137]. - The company has disclosed its fundraising management and usage in accordance with regulatory requirements for the first half of 2022[54]. - The company has not engaged in any significant related party transactions that contributed to over 10% of the total profit during the reporting period[84]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 168,684, with the largest shareholder holding 23.14% of shares[98]. - The company did not distribute cash dividends or issue new shares from capital reserves in the first half of 2022[64]. - The company has not encountered any major changes in the feasibility of its projects during the reporting period[51].