Suntak(002815)2024-11-12 08:56Group 1: Company Performance Overview - The overall capacity utilization rate for the first three quarters of 2024 is approximately 85%, achieving total operating revenue of 4.574 billion CNY, a year-on-year increase of 6.23% [1] - In Q3 2024, the company achieved operating revenue of 1.648 billion CNY, with a year-on-year growth of 15.52% [1] Group 2: Profitability Analysis - The net profit attributable to shareholders for the first three quarters of 2024 is 262 million CNY, a year-on-year decrease of 34.26% [1] - The gross profit margin for the first three quarters of 2024 is 23.59%, down 3.76 percentage points year-on-year, primarily due to rising raw material prices [1] - The expense ratio for the first three quarters is 15.07%, an increase of 0.66 percentage points year-on-year, with financial expenses rising by 30.19 million CNY [1] Group 3: Q3 Specifics - In Q3 2024, the net profit attributable to shareholders is 26 million CNY, a year-on-year decline of 71.72% [2] - The gross profit margin for Q3 2024 is 20.95%, down 5.36 percentage points year-on-year [2] - The expense ratio for Q3 is 16.19%, an increase of 0.33 percentage points year-on-year, with financial expenses increasing by 16.02 million CNY [2] Group 4: Capacity and Market Demand - The current overall capacity utilization rate is around 87%, with the Jiangmen HDI factory operating at full capacity due to strong demand for mobile phone orders [2] - The global PCB market value is projected to be 73 billion USD in 2024, with a year-on-year growth of 5% [3] - The company plans to enhance sales strategies in key industries such as mobile phones, computers, and communications to fill new factory capacities [3] Group 5: Subsidiary Performance - The subsidiary Puno achieved operating revenue of 390 million CNY in the first three quarters of 2024, a year-on-year increase of 76% [3] - The subsidiary Sande has improved operational efficiency through enhanced production processes and sales channels [3] Group 6: Regulatory Compliance - The investor relations activity did not involve any undisclosed significant information during the reception process [4]