NATA OPTO-ELECT(SZ:300346)2024-06-20 09:24Financial Performance - In Q1 2024, the company achieved a revenue of 50,926 million CNY, representing a growth of 27.88% compared to the same period last year [2] - The net profit attributable to shareholders was 8,211 million CNY, an increase of 9.52% year-on-year [2] Product Sales Composition - In 2023, the sales revenue composition of various products was as follows: - Advanced precursor materials: approximately 8% - MO source: approximately 12% - Hydrogen specialty gases: approximately 25% - Fluorine specialty gases: approximately 49% [2] R&D Investment - From 2020 to 2022, the average R&D investment accounted for over 20% of revenue - In 2023, R&D investment was 19,447 million CNY, representing 11.42% of revenue [3] Advanced Precursor Materials Development - The company has developed multiple ALD precursor products since completing a national project in January 2021 - In 2023, nearly 10 precursor products achieved sales exceeding 100 million CNY, marking a significant performance increase [3] Competitive Advantages of Nitrogen Trifluoride Products - The company operates dual production bases in Shandong Zibo and Inner Mongolia Ulanqab, enhancing product quality and cost efficiency - The Ulanqab base benefits from abundant green energy and raw material resources, significantly reducing production costs [4] Raw Material Sourcing for ArF Photoresists - Key monomers and resins for photoresists are developed in-house, while other stable domestic materials are sourced externally to conserve internal technical resources [4] M&A Plans - The company focuses on organic growth but is open to acquisition opportunities to enhance its core electronic materials business and build a competitive edge [4]