SMEI(SZ:300456)2023-10-26 16:00Financial Performance - Net profit attributable to shareholders increased by 662.76% to ¥12,256,365.57 from ¥1,606,842.12, driven by various factors[14] - The company reported a net loss from continuing operations of ¥28,967,147.01, an improvement of 47.83% compared to a loss of ¥55,522,007.31 in the previous year[14] - The company reported a total comprehensive loss of ¥65,386,117.73, a reduction of 69.00% compared to a loss of ¥210,935,350.02 in the previous year[14] - The total operating profit for the period was RMB -36,981,636.50, an improvement from RMB -68,008,245.73 in the previous period[50] - The company reported a net profit attributable to shareholders of RMB 12,256,365.57, compared to a net profit of RMB 1,606,842.12 in the previous period, indicating a significant improvement[50] - The total comprehensive income attributable to the parent company was -24,162,605.15 CNY, compared to -153,806,500.59 CNY in the previous period, showing a significant improvement[51] Cash Flow and Liquidity - Cash and cash equivalents decreased by 44.74% to ¥841,272,372.55 compared to ¥1,522,340,087.78 at the end of 2022, primarily due to equipment purchases and acquisitions[11] - Cash flow from operating activities decreased by 88.13% to ¥54,334,851.26 from ¥457,584,212.77, influenced by government subsidies and VAT refunds[14] - The company reported a net cash flow from operating activities of -¥57,553,923.85, a decline of 224.77% compared to the previous year[29] - The net increase in cash and cash equivalents was -¥668,497,818.29, a 31.68% improvement from the previous year[36] - The net cash flow from investment activities was -¥690,300,470.15, an improvement from -¥848,097,102.53 in the same period last year[66] Assets and Investments - Long-term equity investments rose by 47.34% to ¥399,218,275.93 from ¥270,951,368.85, mainly due to new investments in smart sensor industry funds[11] - Fixed assets increased by 38.99% to ¥1,518,235,558.87 from ¥1,092,343,858.98, primarily due to the acquisition of a semiconductor industrial park in Sweden[11] - Total assets at the end of the reporting period were ¥6,951,995,542.57, showing a slight decrease of 0.36% from the previous year[29] - The company’s total assets decreased by RMB 948,990, resulting in total assets of RMB 149,575,044[41] Shareholder Information - The total number of common shareholders at the end of the reporting period is 59,779, with the largest shareholder, Yang Yunchun, holding 25.13% of shares, amounting to 184,346,719 shares[16] - The company’s major shareholder, the National Integrated Circuit Industry Investment Fund, holds 10.15% of shares, amounting to 74,415,027 shares[16] - The company reported a total of 156,285,909 shares outstanding, with 5,761,875 shares subject to lock-up restrictions[41] Production and Operations - The company initiated small-batch trial production of MEMS accelerometers using 8-inch wafers, following customer validation and receipt of a purchase order[24] - The company signed a long-term procurement agreement for BAW filters with a customer, marking the start of commercial-scale production[20] - The company’s subsidiary, SAIKE Beijing, has begun small-batch trial production of MEMS micro-mirrors on 8-inch wafers[22] - The company initiated small-scale trial production of MEMS accelerometers on 8-inch wafers, indicating advancements in new technology development[45] - The commercial-scale production of MEMS micro-mirrors commenced following successful small batch trials[57] Financial Ratios and Metrics - The basic earnings per share rose to ¥0.0541, reflecting a 687.83% increase year-over-year[29] - The company’s stock incentive plan includes various lock-up periods for executives, with specific shares released for trading based on performance metrics[18] - The company’s total restricted shares at the beginning of the period were 152,406,414, with 4,898,875 shares released during the period[18] Research and Development - Research and development expenses increased to ¥260,593,431.38, representing a rise of 21.4% from ¥214,638,668.83 in the previous year[61] - The company’s investment in new products and technologies is expected to drive future growth and market expansion[45] Liabilities and Financial Health - The total liabilities decreased to 1,423,139,742.76 CNY from 1,472,897,695.71 CNY, reflecting a reduction of about 3.4%[60] - The company’s long-term borrowings increased to 425,291,441.36 CNY from 244,507,819.44 CNY, indicating a rise of approximately 73.7%[60] - Financial expenses showed a significant improvement, with a net income of -¥21,047,504.76 compared to -¥48,818,498.08 in the same period last year[61]