2021 年第一季度报告 1、2021 年 1-3 月营业收入较上年同期增长 51.82%，主要是公司积极拓展客户，顺应市场需 求、不断提升公司产品品类和性能，从而销售量大幅增加所致。 2、一季度归属于上市公司股东的净利润 434.06 万元，扣除非经常性损益的净利润 317.32 万 元，盈利受股份支付费用影响较大，如不考虑股份支付费用影响，归属于上市公司股东的净利润 和归属于上市公司股东的扣除非经常性损益的净利润分别为 1,213.25 万元和 1,096.51 万元，比去 年同期增长 94.53%和 98.50%；基本每股收益和稀释每股收益为 0.23 元，比去年同期增长 43.75%。 扣除股份支付影响后盈利大幅上升主要系公司收入规模增长和毛利率提升所致。 公司代码：688286 公司简称：敏芯股份 苏州敏芯微电子技术股份有限公司 2021 年第一季度报告 1 / 23 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 7 | | 四、 | 附录 11 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财 ...

Financial Performance - Operating income for the first nine months rose by 18.76% to approximately CNY 235.29 million compared to the same period last year[7]. - Net profit attributable to shareholders decreased by 26.96% to approximately CNY 31.04 million compared to the same period last year[7]. - The net profit for the first nine months of 2020 increased by 30.42% to ¥133,048,116.64 compared to the same period in 2019[17]. - The company reported a net profit margin improvement due to increased revenue and controlled costs, although specific profit figures were not disclosed[30]. - The net profit for Q3 2020 was ¥13,078,649.47, a decrease of 12.5% from ¥14,847,855.95 in Q3 2019[35]. - The total profit for Q3 2020 was ¥13,802,525.39, down from ¥14,520,142.90 in the same period last year, indicating a decline of 4.9%[35]. - The total comprehensive income for the first three quarters of 2020 was CNY 31,779,524.72, compared to CNY 42,343,890.70 in the same period of 2019, reflecting a decrease of approximately 25%[36]. Assets and Liabilities - Total assets increased by 226.11% to approximately CNY 1.11 billion compared to the end of the previous year[7]. - The total assets as of September 30, 2020, amounted to CNY 1,107,108,107.07, significantly up from CNY 339,485,437.58 at the end of 2019[22]. - The total assets as of Q3 2020 were ¥1,109,408,889.95, compared to ¥331,085,404.02 in the same period last year[27]. - Total liabilities decreased by 51.72% in accounts payable to ¥3,000,000.00 due to matured bills being paid[17]. - The total liabilities stood at CNY 55,303,998.65, up from CNY 51,876,770.86 in the previous year[24]. - Total current liabilities totaled CNY 50,794,270.86, with accounts payable at CNY 36,100,368.66 and notes payable at CNY 6,213,331.00[46]. - Total liabilities reached $45,979,010.60, including current liabilities of $44,896,510.60[50]. Shareholder Equity - Net assets attributable to shareholders increased by 267.69% to approximately CNY 1.05 billion compared to the end of the previous year[7]. - The company's equity attributable to shareholders reached CNY 1,048,518,274.54, a substantial increase from CNY 285,160,993.58[24]. - Owner's equity totaled ¥1,049,206,850.54 in Q3 2020, significantly up from ¥285,106,393.42 in Q3 2019[27]. - Shareholders' equity totaled $285,106,393.42, with retained earnings of $101,957,167.92[51]. Cash Flow - The company experienced a net cash flow from operating activities of approximately -CNY 6.72 million, a decrease of 132.91% compared to the same period last year[7]. - The cash paid for investments surged to CNY 491,500,000, reflecting a 280.75% increase from CNY 129,088,300.00[18]. - Cash flow from investing activities showed a net outflow of CNY 445,673,619.81 for the first three quarters of 2020, compared to a net outflow of CNY 104,394,360.88 in 2019, indicating increased investment activity[38]. - Cash flow from financing activities generated a net inflow of CNY 733,551,283.06 in the first three quarters of 2020, a substantial increase from CNY 86,265,334.98 in the same period of 2019[42]. - The cash and cash equivalents at the end of the third quarter of 2020 amounted to CNY 445,461,826.64, up from CNY 74,797,877.42 at the end of the same period in 2019[38]. Expenses - Research and development expenses accounted for 12.61% of operating income, a decrease of 1.27 percentage points compared to the previous year[7]. - Research and development expenses for Q3 2020 amounted to ¥13,515,714.86, representing a 60.7% increase from ¥8,395,526.25 in Q3 2019[30]. - The cash paid to employees increased by 43.03% to CNY 47,817,685.04, attributed to increased staffing in subsidiaries[18]. - The total operating costs for Q3 2020 were ¥86,928,758.70, up 67.6% from ¥51,889,810.19 in Q3 2019[30]. Taxation - The corporate income tax rate for the parent company changed from 0% in 2019 to 12.5% in 2020[9]. - The cash received from tax refunds was CNY 13,543,918.64, primarily due to income tax refunds[18]. - The income tax expense for Q3 2020 was ¥723,875.92, compared to a tax benefit of -¥327,713.05 in Q3 2019[35]. - The company reported a significant increase in tax refunds received, totaling CNY 13,543,918.64 in 2020 compared to CNY 2,177,222.48 in 2019[37]. Investments - The company reported a 122.34% increase in investment income to ¥562,724.31, mainly from financial investment returns[17]. - The company executed the new revenue recognition and leasing standards starting January 1, 2020, with no retrospective adjustments required[51]. - The company holds long-term equity investments valued at CNY 72,400,000.00[49].

Financial Performance - The company reported a total revenue of 100 million RMB for the first half of 2020, representing a year-on-year increase of 20%[13]. - The gross profit margin for the first half of 2020 was 45%, compared to 40% in the same period last year, indicating improved profitability[13]. - The company's operating revenue for the first half of the year was ¥133,113,997.57, a decrease of 3.56% compared to the same period last year[20]. - The net profit attributable to shareholders decreased by 40.77% to ¥17,043,387.28, primarily due to a decline in gross margin caused by the pandemic and changes in product structure[20][22]. - Basic earnings per share fell by 43.42% to ¥0.43, reflecting the decline in net profit attributable to shareholders[22][24]. - The company achieved a total revenue of 9,730 million RMB, with a net profit of 1,616.18 million RMB, indicating a significant performance in the first half of 2020[55]. - Operating profit was 16.31 million yuan, down 44% year-on-year[74]. - The company reported a net profit margin of 18% for the first half of 2020, an improvement from 15% in the previous year[128]. User Growth and Market Expansion - User data showed an increase in active users by 15% compared to the previous half-year, reaching 1.5 million active users[13]. - The company is expanding its market presence in Southeast Asia, aiming for a 5% market penetration by the end of 2021[13]. - The company plans to launch two new products in the second half of 2020, targeting a market share increase of 10% in the MEMS sensor sector[13]. - The company is focusing on localizing its supply chain, reducing reliance on imported chips, and enhancing supply chain security[78]. - The company aims to enhance its market share among major smartphone manufacturers and expand into the medical device market, including blood pressure monitors and ventilators[76]. Research and Development - Research and development expenses increased by 30% in the first half of 2020, reflecting the company's commitment to innovation and new technology[13]. - The company has established a comprehensive R&D management system to ensure quality, risk, and cost control in new product development[30][32]. - The R&D team consists of 105 personnel, accounting for 25% of the total workforce, with an average salary of 84,491.18 RMB[58]. - The company achieved a total R&D investment of ¥16,161,779.72, which represents 12.14% of its operating revenue[50]. - The company is focused on technological innovation as a breakthrough to continuously improve product and service quality, aiming to create new profit growth points and enhance sustainable profitability[141]. Product Development and Innovation - The main products include MEMS microphones, MEMS pressure sensors, and MEMS inertial sensors, with applications expanding into automotive and medical fields[30]. - The company has achieved full domestic production capabilities for MEMS sensors, including chip design, wafer manufacturing, packaging, and testing[30]. - The company has developed a localized production system for MEMS sensors, achieving full production cycle domestication[66]. - The company is developing a disposable blood pressure monitor, with a total investment of ¥100,000 and cumulative investment of ¥16,180, currently in the sample stage[52]. - The company has made significant progress in developing a micro-melt pressure sensor, with a total investment of ¥100,000 and cumulative investment of ¥21,490, currently in the sample stage[52]. Financial Management and Risks - The company has identified potential risks related to supply chain disruptions and is implementing measures to mitigate these risks[13]. - The company is facing risks related to product structure, as a high proportion of revenue comes from MEMS microphones, making it vulnerable to demand fluctuations[86]. - The company is addressing potential risks from supplier concentration, as a high percentage of procurement is from its top five suppliers[85]. - The company has established a procurement management system to ensure effective supplier management and has a qualified supplier list for procurement[33]. Corporate Governance and Compliance - The company confirmed compliance with all legal and regulatory requirements during the shareholders' meeting[111]. - The company commits to ensuring that its IPO-related documents do not contain false records or misleading statements, and will bear legal responsibility for their authenticity[135]. - The company will fulfill all obligations and responsibilities disclosed in the prospectus during the initial public offering process[148]. - The company emphasizes the protection of minority investors' interests in its profit distribution decisions[147]. Market Trends and Competitive Landscape - The MEMS industry is experiencing rapid growth due to the increasing demand for sensors in consumer electronics, automotive, industrial, and medical applications[43]. - The MEMS industry market size reached $11.79 billion in 2017 and is projected to grow to $30.98 billion by 2023, with a compound annual growth rate (CAGR) of 17.5% from 2018 to 2023[39]. - The company faces intensified competition in the MEMS industry, with major competitors including Infineon and STMicroelectronics[92]. Shareholder Information and Stock Management - The company reported a 36-month lock-up period for shares held prior to the IPO, during which no transfers or repurchases are allowed[116]. - The company will initiate stock repurchase measures if the closing price falls below the audited net asset value per share for 20 consecutive trading days[134]. - The company will adjust the share price accordingly in case of rights issues or other equity adjustments[116]. - The company will not engage in any securities issuance during the specified period after addressing unfulfilled commitments[149].