证券代码：002008 证券简称：大族激光 公告编号：2024066 大族激光科技产业集团股份有限公司 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 本次会计政策变更系根据中华人民共和国财政部（以下简称"财政部"）相关规定进行的 相应变更，无需提交大族激光科技产业集团股份有限公司（以下简称"公司"或"大族激光"） 董事会和股东大会审议，不会对公司财务状况、经营成果和现金流量产生重大影响。 一、本次会计政策变更情况概述 1、会计政策变更的原因 2023 年 10 月 25 日，财政部发布了《关于印发<企业会计准则解释第 17 号>的通知》 （财会【2023】21 号）（以下简称"解释第 17 号"），规定"关于流动负债与非流动负债的 划分"、 "关于供应商融资安排的披露"、"关于售后租回交易的会计处理"的内容。 2024 年 3 月，财政部印发了《企业会计准则应用指南汇编(2024)》（以下简称"企业 会计准则应用指南 2024"），明确了关于保证类质保费用的列报规定。 由于上述会计准则解释及规定的发布，公司需对会计政策进行 ...

Revenue and Profit - Revenue for the third quarter reached 3.77 billion yuan, a year-on-year increase of 14.34%[2] - Net profit attributable to shareholders of the listed company was 201.18 million yuan, a year-on-year decrease of 2.32%[2] - The company's net profit for the first nine months was 1.47 billion yuan, a year-on-year increase of 106.09%[5] - Total revenue for the current period reached 10,128,953,807.40 RMB, compared to 9,387,371,410.23 RMB in the previous period[13] - The company's net profit attributable to the parent company increased to 11,587,375,768.83 RMB, up from 10,369,262,141.20 RMB at the beginning of the period[12] - Net profit attributable to parent company shareholders reached 1,426,090,149.23 RMB, a significant increase compared to the previous period[14] - Operating profit surged to 1,462,964,046.91 RMB, more than doubling from the previous period's 602,659,566.72 RMB[14] - Basic earnings per share increased to 1.36 RMB from 0.60 RMB in the previous period[15] - Total comprehensive income attributable to parent company shareholders rose to 1,362,623,218.78 RMB from 700,585,833.02 RMB[15] Assets and Liabilities - Total assets at the end of the reporting period were 33.41 billion yuan, a decrease of 2.31% compared to the end of the previous year[2] - The company's total assets decreased to 33,409,376,170.80 RMB from 34,200,363,737.11 RMB at the beginning of the period[12] - Short-term borrowings rose by 72.78% to 1.69 billion yuan[5] - Short-term borrowings rose to 1,693,606,517.09 RMB, up from 980,221,937.50 RMB at the beginning of the period[11] - Long-term borrowings increased to 3,006,204,823.45 RMB, compared to 2,122,878,920.51 RMB at the beginning of the period[11] - The company's long-term receivables increased by 75.03% to 311.83 million yuan[5] - Long-term receivables increased significantly due to the recognition of revenue from installment payments during the reporting period[6] - Short-term and long-term borrowings increased significantly due to the company's increased external borrowing during the reporting period[6] Cash Flow - Operating cash flow for the first nine months was 85.26 million yuan, a decrease of 58.72% year-on-year[5] - The company's net cash flow from financing activities decreased by 19,545.41% to -2.63 billion yuan[5] - The net cash flow from operating activities fluctuated significantly due to reduced sales collections and increased operating payments for materials during the reporting period[6] - The net cash flow from financing activities and the net increase in cash and cash equivalents fluctuated significantly due to the redemption of convertible bonds[6] - Cash flow from operating activities decreased to 85,255,805.80 RMB from 206,533,899.44 RMB in the previous period[16] - Cash received from disposal of subsidiaries and other business units significantly increased to 693,006,137.14 RMB from 170,435,447.58 RMB[16] - Total cash inflows from investment activities reached 1,603,994,293.26 RMB, more than doubling from the previous period's 790,278,411.79 RMB[16] - Cash paid for construction of fixed assets, intangible assets, and other long-term assets increased to 1,166,279,108.26 RMB from 1,089,842,690.19 RMB[16] - Investment cash outflow totaled RMB 2.53 billion, a 28.4% increase compared to the previous period[17] - Net cash flow from investment activities was negative RMB 928.54 million, an improvement from the previous negative RMB 1.18 billion[17] - Cash received from financing activities was RMB 4.07 billion, a 128% increase compared to the previous period[17] - Cash outflow for debt repayment was RMB 5.99 billion, a 379.6% increase compared to the previous period[17] - Net cash flow from financing activities was negative RMB 2.63 billion, compared to a positive RMB 13.54 million in the previous period[17] - The net increase in cash and cash equivalents was negative RMB 3.50 billion, compared to negative RMB 921.63 million in the previous period[17] - The ending balance of cash and cash equivalents was RMB 3.52 billion, a 33.7% decrease compared to the previous period[17] - The company received RMB 4.01 billion in loans, a 133.7% increase compared to the previous period[17] - The company paid RMB 297.05 million in dividends, interest, and profit distributions, a 26.3% decrease compared to the previous period[17] - The impact of exchange rate changes on cash and cash equivalents was negative RMB 25.56 million, compared to a positive RMB 39.94 million in the previous period[17] Investments and Development - The company's development expenditure increased by 108.82% to 22.31 million yuan[5] - Investment income surged by 459.26% to 1.04 billion yuan[5] - Development expenditures increased significantly due to increased capitalization of R&D projects during the reporting period[6] - Investment income, operating profit, total profit, income tax expenses, net profit, and net profit attributable to the parent company fluctuated significantly due to the disposal of equity in Hans Laser Tech Co., Ltd.[6] - R&D expenses increased to 1,271,212,311.68 RMB, up from 1,177,439,921.43 RMB in the previous period[13] - Construction in progress increased significantly due to investments in projects such as the Yachuang Industrial Park and the East China Regional Headquarters Base[6] Receivables and Payables - Other receivables increased significantly due to the rise in receivables from equity transfers and bid deposits during the reporting period[6] - Accounts receivable increased to 8,176,111,553.75 RMB, up from 7,330,761,537.57 RMB at the beginning of the period[10] - Inventory levels rose to 4,982,912,801.96 RMB, compared to 4,393,390,682.72 RMB at the beginning of the period[10] Financial Expenses and Income - Financial expenses fluctuated significantly due to reduced interest expenses, increased interest income, and fluctuations in the US dollar exchange rate[6] - Fair value change losses amounted to -36,659,719.36 RMB, a significant shift from the previous period's gain of 2,064,129.00 RMB[14] Sales and Operating Costs - Operating costs for the current period amounted to 9,837,833,237.60 RMB, with a significant portion attributed to sales costs of 1,018,341,573.86 RMB[13] - Sales revenue from goods and services reached 8,888,172,877.56 RMB, showing growth from the previous period's 8,383,442,400.89 RMB[16] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to 7,299,096,911.95 RMB from 10,756,466,992.95 RMB at the beginning of the period[10] - The company's monetary funds, non-current liabilities due within one year, and other equity instruments fluctuated significantly due to the redemption of convertible bonds[6]

证券代码：002008 证券简称：大族激光 公告编号：2024064 大族激光科技产业集团股份有限公司 关于股东股份解除质押及质押的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 大族激光科技产业集团股份有限公司（以下简称"公司"或"大族激光"）近日接到公司 股东大族控股集团有限公司（以下简称"大族控股"）的告知函，获悉其持有本公司的部分 股份进行了解除质押及质押登记，具体情况如下： 一、 股东股份质押基本情况 （一） 股东股份质押基本情况 | | 是否为 控股股 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 东或第 | 本次解除质 | 占其所 | 占公司 | | | | | 股东 | 一大股 | 押股份数量 | 持股份 | 总股本 | 起始日 | 解除日期 | 质权人 | | 名称 | 东及其 | （股） | 比例 | 比例 | | | | | | 一致行 | | | | | | | | | 动人 | | | | | | | | 大族 | | | | | | | ...

证券代码：002008 证券简称：大族激光 公告编号：2024063 大族激光科技产业集团股份有限公司 关于回购股份进展情况的公告 大族激光科技产业集团股份有限公司（以下简称"公司"或"大族激光"）于2024年2月2日 召开第七届董事会第三十三次会议，审议通过了《关于回购公司股份方案的议案》，同意使 用自有资金不低于人民币50,000万元（含）且不超过人民币100,000万元（含），以不超过25 元/股的价格回购公司发行的人民币普通股（A股）股票，用于后续实施员工持股计划或股权 激励，以及用于维护公司价值及股东权益所必需（出售）。上述事项具体内容详见公司于2024 年2月6日披露的《大族激光科技产业集团股份有限公司关于回购股份方案的公告》（公告编 号：2024015）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第9号——回 购股份》等相关规定，回购期间，公司应当在每个月的前三个交易日内披露截至上月末的回 购进展情况。现将公司回购股份进展情况公告如下： 一、回购股份的进展情况 截至2024年9月30日，公司通过股票回购专用证券账户以集中竞价方式回购公司股份 12,310,392股，占公司 ...

Group 1: Financial Performance - In the first half of 2024, the company achieved operating revenue of 635,521.00 million yuan, with a net profit attributable to the parent company of 122,491.20 million yuan, reflecting growth rates of 4.41%, 220.71%, and 184.81% respectively compared to the same period last year [2] - The PCB equipment business generated operating revenue of 15.64 billion yuan, marking a year-on-year increase of 102.89% [2] - The general industrial laser processing equipment business reported operating revenue of 25.57 billion yuan, with a growth of 4.03%, and high-power laser cutting equipment revenue reached 12.54 billion yuan, up 5.15% [3] Group 2: Market Developments - The company has launched a second-generation automation solution and various automated equipment to enhance efficiency and reduce labor costs for clients in the PCB sector [2] - There is a notable increase in orders from domestic and Taiwanese enterprises in Southeast Asia, with the company forming partnerships with major local firms [2] - The semiconductor and display panel sectors are experiencing a recovery, with significant growth in related orders compared to the previous year [3] Group 3: Strategic Initiatives - The company is focusing on expanding its overseas operations and has established a dedicated overseas R&D and sales team to capitalize on the diversification of the manufacturing supply chain [4] - As of August 31, 2024, the company repurchased 12,310,392 shares, accounting for 1.17% of the total share capital, with a total transaction amount of 250,072,212.26 yuan [4] - The actual controller and major shareholders have a share pledge ratio of 79.91% [4]

证券代码：002008 证券简称：大族激光 公告编号：2024062 大族激光科技产业集团股份有限公司 关于回购股份进展情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 大族激光科技产业集团股份有限公司（以下简称"公司"或"大族激光"）于2024年2月2日 召开第七届董事会第三十三次会议，审议通过了《关于回购公司股份方案的议案》，同意使 用自有资金不低于人民币50,000万元（含）且不超过人民币100,000万元（含），以不超过25 元/股的价格回购公司发行的人民币普通股（A股）股票，用于后续实施员工持股计划或股权 激励，以及用于维护公司价值及股东权益所必需（出售）。上述事项具体内容详见公司于2024 年2月6日披露的《大族激光科技产业集团股份有限公司关于回购股份方案的公告》（公告编 号：2024015）。 1、公司未在下列期间回购股份： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项发生之日或 者在决策过程中，至依法披露之日内； （2）中国证监会和深圳证券交易所规定的其他情形。 根据《上市公司股份回购规则》《深圳证券交易所上市公 ...

Investment Rating - The report maintains an "Outperform" rating for the company [1] Core Views - The company's PCB and general laser businesses are recovering, while the new energy sector is accelerating overseas expansion [2] - In H1 2024, the company achieved revenue of RMB 6.355 billion (YoY +4.41%) and net profit attributable to shareholders of RMB 1.225 billion (YoY +184.81%) [2] - Q2 2024 revenue was RMB 3.7 billion (YoY +1.03%, QoQ +39.31%), with net profit attributable to shareholders of RMB 236 million (YoY -17.98%, QoQ -76.14%) [2] - The company's gross margin was 33.76% in H1 2024, down 0.84 percentage points YoY [2] Business Performance - The information industry equipment business generated revenue of RMB 2.351 billion in H1 2024, up 43.54% YoY [3] - PCB equipment business revenue was RMB 1.564 billion, up 102.89% YoY [3] - Consumer electronics equipment revenue was RMB 787 million, down 9.25% YoY [3] - New energy equipment revenue was RMB 696 million, down 39.65% YoY, with the company accelerating overseas expansion [3] - Semiconductor equipment revenue was RMB 752 million, down 10.32% YoY [3] - General industrial laser processing equipment revenue was RMB 2.557 billion, up 4.03% YoY [3] Financial Forecasts - Revenue is expected to grow to RMB 14.716 billion in 2024, RMB 15.733 billion in 2025, and RMB 16.655 billion in 2026 [4] - Net profit is forecasted to be RMB 1.757 billion in 2024, RMB 1.110 billion in 2025, and RMB 1.205 billion in 2026 [4] - EPS is projected to be RMB 1.67 in 2024, RMB 1.06 in 2025, and RMB 1.15 in 2026 [4] - The company's gross margin is expected to remain stable at 34.0% from 2024 to 2026 [4] Valuation - The report assigns a 2024 dynamic PE range of 14-16X, with a fair value range of RMB 23.38-26.72 [3] - The average PE ratio of comparable companies is 29X for 2023, 20X for 2024, and 16X for 2025 [5] Financial Analysis - The company's ROE is expected to improve to 10.5% in 2024, from 5.5% in 2023 [6] - Operating cash flow is forecasted to be RMB 1.425 billion in 2024, RMB 1.300 billion in 2025, and RMB 1.606 billion in 2026 [7] - The company's debt-to-asset ratio is expected to decrease from 52.1% in 2023 to 46.9% in 2026 [7]

丨证券研究报告丨 公司研究丨点评报告丨大族激光（002008.SZ） [Table_Title] 消费电子需求回暖，等待业务共振 报告要点 [Table_Summary] 大族激光公布 2024 年中报，报告期内公司实现营业收入 63.55 亿元，同比增长 4.41%；实现 归母净利润 12.25 亿元，同比增长 184.81%；实现扣非归母净利润 2.20 亿元，同比增长 15.23%。 一季度非流动资产处置损益 10.54 亿元，主要为子公司大族思特部分股权转让。单二季度看， 公司实现营业收入 37.0 亿元，同比增长 1.03%；实现归母净利润 2.36 亿元，同比下降 17.98%。 销售毛利率 34.07%，同比下降 1.72pct，环比提升 0.75pct；销售净利率 6.96%，同比下降 1.78pct。 分析师及联系人 [Table_Author] 杨洋 谢尔曼 SAC：S0490517070012 SAC：S0490518070003 SFC：BUW100 %% %% research.95579.com 请阅读最后评级说明和重要声明 %% %% 1 大族激光（002008.SZ） cjzq ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 2024 年 08 月 21 日 大族激光(002008.SZ) AI 拉动高端线路板需求,PCB 业务率先 增长 事件： 公司发布 2024 年半年度报告，报告期内，公司实现营业收入 63.55 亿元，同比增加 4.41%；实现归母净利润 12.25 亿元，同比增长 184.81%；扣非归母净利润 2.2 亿元，同比增长 15.23%。 受益 AI 算力产业链持续爆发，PCB 业务率先增长 报告期内，公司 PCB 设备业务实现收入 15.64 亿元，同比增加 102.89%。2024 年上半年，随着普通多层板市场的竞争加剧，PCB 生产企业对设备效率的要求和自动化需求持续提升，同时随着 AI 算力产业链的快速发展，高阶 PCB 加工需求大幅增加。大族激光 通过推出钻测一体化 CCD 六轴独立机械钻孔机、四光束 CO2 激光 钻孔机、高转速封装基板专用机械钻孔机等高效产品，满足了客 户对高阶 PCB 加工工艺的要求。公司在东南亚市场的布局也取得 显著成果，与多家国内外知名企业达成合作，把握 PCB 产业转移 带来的市场机会，相关订单显著增长，推动了海外业务 ...

大族激光科技产业集团股份有限公司 2024 年半年度报告全文 大族激光科技产业集团股份有限公司 2024 年半年度报告 2024 年 8 月 1 大族激光科技产业集团股份有限公司 2024 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人高云峰、主管会计工作负责人周辉强 及会计机构负责人(会计 主管人员)何军伟声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本半年度报告中涉及的未来计划、发展战略等前瞻性陈述不构成公司对 投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识，并 且应当理解计划、预测与承诺之间的差异，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 大族激光科技产业集团股份有限公司 2024 年半年度报告全文 目录 | --- | --- | |--------------------------------------------- ...