欧陆通(300870) - 2022年8月26日投资者关系活动记录表

Group 1: Financial Performance - Revenue for the first half of 2022 reached 1.361 billion CNY, a year-on-year increase of 12.23%. The second quarter revenue was 740 million CNY, up 5.60% year-on-year and 19.38% quarter-on-quarter [2] - Gross margin for the first half was 14.85%, a decrease of 1.60 percentage points year-on-year; the second quarter gross margin was 15.90%, remaining stable year-on-year and increasing by 2.31 percentage points quarter-on-quarter [3] - Total expenses for the first half amounted to 193 million CNY, a year-on-year increase of 56.72%, with an expense ratio of 14.15%, up 4.02 percentage points year-on-year [3] Group 2: Profitability - Net profit for the first half was 5.297 million CNY, with a net profit margin of 0.39%. Excluding stock incentive expenses, operating net profit was 38.6303 million CNY, with a margin of 2.84% [3] - In the second quarter, net profit was 34.7083 million CNY, down 5.79% year-on-year, with a net profit margin of 4.69%. Excluding stock incentive expenses, operating net profit was 51.3751 million CNY, up 39.45% year-on-year, with a margin of 6.93% [3] Group 3: Business Segments - Power adapters generated revenue of 942 million CNY, a year-on-year increase of 6.36%, with a gross margin of 13.14%, down 2.91 percentage points year-on-year [4] - Server power supplies achieved revenue of 233 million CNY, a significant year-on-year increase of 149.67%, with a gross margin of 17.99%, up 3.15 percentage points year-on-year [4] - Other power supplies reported revenue of 184 million CNY, a year-on-year decrease of 20.25%, with a gross margin of 18.84%, up 0.78 percentage points year-on-year [4] Group 4: Future Outlook and Strategy - The company plans to continue enhancing technology and increasing the shipment of high-end server power products, while also expanding into new energy and storage sectors [4] - The company aims to achieve performance growth targets set in the stock incentive plan for 2022-2024, with a commitment from all levels to meet operational goals [5] - The company is actively exploring new business areas, including smart home devices, new consumer electronics, data centers, and electric vehicles, to diversify its product lines and market reach [6]