Interim Report 2013

舜宇光學科技（集團）有限公司 中期報告 2013 7 Management Discussion and Analysis 管理層討論與分析 毛利及毛利率 二零一三年上半年財政年度的毛利約為人民幣 440,400,000 元，毛利率約為 15.8% ，較去年同期 下降 3.4% 。毛利率下降主要是由於光電產品事業 銷售增長迅速，而其毛利率水平較本集團整體毛 利率低，有沖淡效應及其本身毛利率水平較去年 同期下降所致。其中光學零件事業的毛利率約為 22.8% （二零一二年同期：約為 22.4% ），光電產 品事業的毛利率約為 12.1% （二零一二年同期： 約為 15.0% ）及光學儀器事業的毛利率約為 36.7% （二零一二年同期：約為 33.7% ）。 銷售及分銷費用 截至二零一三年六月三十日止六個月，銷售及 分銷費用較去年同期增加約 33.1% 或約為人民 幣 10,500,000 元 至 約 為 人 民 幣 42,100,000 元， 佔本集團收入約 1.5% ，其比例較去年同期下降 0.3% 。絕對值的增加主要由於銷售活動增加導致 相關銷售、市場推廣及分銷人員成本增加所致。 研發費用 研發費用由截至二零一二年六月三十日止六個月 期間的約為人民幣 67,900,000 元升至二零一三年 同期的約為人民幣 101,700,000 元，於回顧期內 佔本集團收入約 3.7% 。有關增長乃本集團繼續投 放資金於研發項目及業務發展所致，主要用於研 發高像素手機鏡頭及照相模組、三維光電產品、 車載鏡頭、紅外產品、安防監控系統、中高階光 學儀器及其他原有產品種類的升級研發。 Gross Profit and Margin The gross profit for the first half of financial year 2013 was approximately RMB440.4 million, and the gross profit margin was approximately 15.8%, which was 3.4% lower as compared with that of the corresponding period of the last year. The decrease in gross profit margin was mainly attributable to the dilution effect arising from the rapid growth in sale of optoelectronic products business segment which has a lower gross profit margin as compared with the general gross profit margin of the Group, and the decline of its gross profit margin as compared with the same period of the last year. The gross profit margins of optical components business segment, optoelectronic products business segment and optical instruments business segment were approximately 22.8%, 12.1% and 36.7% respectively (the corresponding period of 2012: approximately 22.4%, 15.0% and 33.7%, respectively). Selling and Distribution Expenses For the six months ended 30 June 2013, selling and distribution expenses increased by approximately 33.1% or approximately RMB10.5 million to approximately RMB42.1 million during the period under review, accounting for approximately 1.5% of the Group’s revenue, which was 0.3% lower than that of the corresponding period of the last year. The increase in absolute value was primarily due to the increase in costs of selling, marketing and distribution personnel resulted from the growth in sales activities. R&D Expenditure R&D expenditure increased from approximately RMB67.9 million for the six months ended 30 June 2012 to approximately RMB101.7 million for the corresponding period of 2013, accounting for approximately 3.7% of the Group’s revenue during the period under review. The increase was mainly attributable to the continuous investment in R&D activities and business development, primarily the research and development of high resolution handset lens sets and camera modules, three-dimensional optoelectronic products, vehicle lens sets, infrared products, security surveillance systems, mid- to high-end optical instruments and the upgrade of other existing product categories.