四会富仕(300852) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the reporting period reached ¥456,600,725.73, representing a 38.33% increase compared to ¥330,069,772.73 in the same period last year [20]. - The net profit attributable to shareholders was ¥83,500,525.55, up 37.22% from ¥60,851,006.41 year-on-year [20]. - The net cash flow from operating activities increased significantly by 118.49%, amounting to ¥94,388,612.83 compared to ¥43,200,826.72 in the previous year [20]. - The total assets at the end of the reporting period were ¥1,232,865,012.12, reflecting a 15.31% increase from ¥1,069,146,546.72 at the end of the previous year [20]. - The weighted average return on equity decreased to 9.15% from 16.21% in the previous year, indicating a decline in profitability [20]. - The company's revenue for the reporting period was ¥456.6 million, representing a year-on-year increase of 38.33% due to increased production and sales scale [52]. - Operating costs rose to ¥318.4 million, a 46.26% increase compared to the previous year, primarily driven by sales growth and rising raw material prices [52]. - The net profit for the first half of 2021 was CNY 83,500,525.55, a 37.3% increase from CNY 60,882,889.79 in the same period of 2020 [177]. Risk Management - The company faced risks related to macroeconomic fluctuations, raw material price volatility, and exchange rate changes, with corresponding mitigation strategies outlined [4]. - The company has a comprehensive risk management strategy to address potential operational risks [4]. - The company emphasizes the importance of rational investment and risk awareness among investors [4]. - The company is addressing raw material price volatility risks, as the cost of key materials has increased due to global commodity price fluctuations [90]. - The company faces risks from macroeconomic fluctuations and downstream market demand, which could negatively impact business development and revenue growth [89]. Research and Development - The company obtained 1 invention patent and 1 utility model patent during the reporting period, enhancing its R&D capabilities [33]. - The successful development of a 48-layer chip testing board marks significant progress in the company's R&D capabilities, particularly in high-value, high-technology products [38]. - Research and development investment increased by 29.84% to ¥19.9 million, reflecting the company's commitment to enhancing R&D projects [52]. - The company has developed new products for 5G communication and electric vehicles, including high-frequency boards and embedded copper block power substrates [34]. - The company is investing in a new project to build a high-reliability 5G communication circuit board base with an annual production capacity of 2 million square meters, which is currently in the planning stage [87]. Customer and Market Expansion - The company added 94 new domestic and international customers during the reporting period, successfully expanding its customer base despite the pandemic [37]. - Approximately 80% of the company's revenue comes from listed companies and well-known EMS enterprises, including major clients like Hitachi, Panasonic, and Omron [44]. - The company's foreign sales account for a high proportion, with approximately 60% of revenue coming from Japanese clients, indicating a significant reliance on this market [91]. - The company plans to focus on deepening cooperation with competitive domestic industrial enterprises while stabilizing development with Japanese and European-American clients [91]. Environmental Compliance - The company has implemented measures to ensure all discharge levels are within the required environmental standards, reflecting its commitment to sustainability [104]. - The company has implemented a series of environmental protection measures, including the treatment of industrial wastewater and compliance with the "Electroplating Water Pollutants Discharge Standard" (DB 44/1597-2015) for wastewater discharge [106]. - The company has achieved compliance with the "Electroplating Pollutants Discharge Standard" (GB 21900-2008) for treated exhaust gases, ensuring that emissions meet regulatory requirements [107]. - The company has classified and properly disposed of hazardous waste generated during circuit board production, ensuring compliance with environmental regulations [108]. - The company has established an emergency response plan for environmental incidents, including protocols for wastewater and air pollution incidents [111]. Corporate Governance - The company has established a robust governance structure with all board members present for the report's review [4]. - The company’s legal representatives confirmed the accuracy and completeness of the financial report for the first half of 2021 [3]. - The company maintains a transparent information disclosure policy, ensuring timely and accurate communication with investors [117]. - The company has not engaged in any significant related party transactions during the reporting period [128]. - The company has not undergone any asset or equity acquisitions or disposals during the reporting period [129]. Shareholder Information - The total share capital increased from 56,628,200 shares to 101,930,760 shares after a capital reserve conversion of 45,302,560 shares [148]. - The cash dividend distributed was 22,651,280 CNY, with a payout of 4.0 CNY per 10 shares [148]. - The largest shareholder, Sihui Mingcheng Trading Co., Ltd., holds 39.48% of shares, totaling 40,247,280 shares, with an increase of 17,887,680 shares during the reporting period [152]. - The total number of common shareholders at the end of the reporting period is 13,856 [152]. - The company does not have any differential voting rights arrangements applicable [154].