PERI(SZ:300831)2022-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥84,412,077.37, representing an increase of 18.78% compared to ¥71,068,791.11 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥31,551,391.17, a significant increase of 177.02% from ¥11,389,461.15 in the previous year[21]. - The net cash flow from operating activities reached ¥85,166,611.36, marking a substantial increase of 1,242.66% compared to ¥6,343,148.29 in the same period last year[21]. - The basic earnings per share for the first half of 2022 was ¥0.0986, up 176.97% from ¥0.0356 in the previous year[21]. - The gross profit margin for power electronic devices was 23.64%, with a significant increase of 443.83% in revenue compared to the previous year[43]. - The company's revenue for the reporting period reached ¥84,412,077.37, representing an 18.78% increase compared to ¥71,068,791.11 in the same period last year[41]. - The company's R&D investment increased by 13.64% to ¥3,553,925.62, up from ¥3,127,365.84 in the previous year[41]. - The company's cash and cash equivalents increased by 143.70% to ¥56,124,922.48, compared to a decrease of ¥128,421,482.48 in the previous year[41]. - The company's operating costs decreased by 1.97% to ¥42,300,463.12, down from ¥43,149,256.19 in the previous year[41]. - The company reported a total comprehensive income of ¥31,713,680.47, significantly higher than ¥10,702,772.28 in the previous year, representing an increase of about 195.5%[135]. Assets and Liabilities - Total assets at the end of the reporting period were ¥910,063,038.71, reflecting a 2.91% increase from ¥884,301,944.23 at the end of the previous year[21]. - The total liabilities as of June 30, 2022, were RMB 105,068,130.39, compared to RMB 107,000,000.00 at the beginning of the year, showing a decrease of approximately 1.8%[123]. - The total equity attributable to shareholders reached ¥828,649,512.50, up from ¥806,698,121.33, indicating a growth of 2.6%[127]. - The company's accounts receivable decreased to RMB 87,920,976.45 from RMB 138,284,012.48, a decline of about 36.3%[122]. - The total current assets rose to RMB 755,171,288.81, up from RMB 724,543,726.01, indicating an increase of about 4.2%[122]. Research and Development - The main business focus remains on the research and production of power semiconductor devices, with no significant changes during the reporting period[30]. - The company has a R&D team of over 150 members, accounting for approximately 42.74% of the total workforce[35]. - The company submitted 8 patent applications during the reporting period, including 2 inventions and 3 that have been approved[38]. - The company aims to enhance its core competitiveness and innovation capabilities to become a leading international power electronics equipment manufacturer[77]. - The company is focusing on enhancing its research and development capabilities to drive innovation in semiconductor technology[145]. Market Position and Strategy - The company has a strong market position in high voltage, high power, and large diameter thyristors, leading the domestic market share[30]. - The company has developed proprietary technologies, including high-pressure thyristor full pressure connection technology and high-pressure low-temperature welding technology[34]. - The company’s high-power semiconductor devices are critical components in ultra-high voltage direct current transmission projects, recognized by major state-owned power companies[33]. - The company plans to continue investing in new product development and market expansion strategies to enhance its competitive position[145]. - The company is exploring potential mergers and acquisitions to expand its market presence and product offerings[145]. Financial Management and Governance - The company actively engages with shareholders and investors, ensuring transparency and adherence to legal regulations[77]. - The company has established a robust internal control system to safeguard both shareholder and creditor interests[77]. - The company has no major shareholder or related party occupying company funds, ensuring financial integrity[78]. - The company has committed to a cash dividend amount not less than 20% of the distributable profit for the year, provided the net profit is positive and there are no significant external investment plans or cash expenditures[80]. - The company plans to distribute cash dividends with a minimum proportion of 80% during profit distribution if it is in a mature development stage without significant capital expenditure arrangements[82]. Environmental and Regulatory Compliance - There were no significant environmental penalties or issues reported during the period, and the company complied with all environmental regulations[76]. - The company continues to invest in environmental protection and adheres to strict environmental standards in its operations[78]. Financial Reporting and Accounting Policies - The financial report for the first half of 2022 was not audited[120]. - The company adheres to the Chinese Accounting Standards, ensuring that the financial statements accurately reflect its financial position and performance as of June 30, 2022[162]. - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations[160]. - The company has established specific accounting policies for revenue recognition, financial asset impairment, and inventory valuation based on its operational characteristics[161].