Interim Report 2014

舜宇光學科技（集團）有限公司 中期報告 2014 p9 Management Discussion and Analysis 管理層討論與分析 研發費用 研發費用由截至二零一三年六月三十日止六個 月期間的約為人民幣 101,700,000 元升至二零一 四年同期的約為人民幣 149,200,000 元，增加約 46.6% ，於回顧期內佔本集團收入約 3.9% ，所佔 比例較去年同期上升約 0.2 個百分點。有關增長 乃本集團持續投放資金於研發項目及業務發展所 致，主要用於研發高規格手機鏡頭及照相模組、 車載鏡頭、紅外產品、安防監控系統、中高階光 學儀器及原有產品種類的升級研發。 行政費用 行政費用於回顧期內佔本集團收入約 2.6% ，所佔 比例較去年同期下降約 0.3 個百分點。行政費用由 截至二零一三年六月三十日止六個月期間的約為 人民幣 80,600,000 元增至二零一四年同期的約為 人民幣 100,700,000 元，增加約 24.9% 。總體行政 費用上升的主要原因為行政員工數量及薪資的上 升，限制性股份的授出及相關福利成本相應提高 所致。 所得稅開支 所得稅開支由截至二零一三年六月三十日止六個 月期間約人民幣 40,500,000 元增加到二零一四年 同期的約為人民幣 46,700,000 元。增加的主要原 因為盈利的擴大。於上半年內，本集團的有效稅 率約為 15.6% ，去年同期約為 17.2% 。為使有效 稅率在未來保持穩定，目前本集團多家中國附屬 公司成功申請成為高新技術企業。依國家政策， 高新技術企業的所得稅率為 15.0% 。 R&D Expenditure R&D expenditure increased by 46.6% from approximately RMB101.7 million for the six months ended 30 June 2013 to approximately RMB149.2 million for the corresponding period of 2014, accounting for approximately 3.9% of the Group’s revenue during the period under review, which was approximately 0.2 percentage point higher than that of the corresponding period of last year. The increase was attributable to the Group's continuous investment in R&D activities and business development. The R&D expenditure was primarily used in the R&D of high-specification handset lens sets and camera modules, vehicle lens sets, infrared products, security surveillance systems, mid- to high-end optical instruments and the upgrade of existing product categories. Administrative Expenses Administrative expenses represented approximately 2.6% of the Group’s revenue during the period under review which was approximately 0.3 percentage point lower than that of the corresponding period of last year. The administrative expenses increased from approximately RMB80.6 million during the six months ended 30 June 2013 to approximately RMB100.7 million for the corresponding period of 2014, representing an increase of approximately 24.9%. The increase in overall administrative expenses was mainly attributable to the increase in the headcount of administrative staff, the increase in remuneration, the grant of Restricted Shares and the corresponding increase of relevant fringe benefits. Income Tax Expense Income tax expense increased from approximately RMB40.5 million during the six months ended 30 June 2013 to approximately RMB46.7 million for the corresponding period of 2014. The increase was mainly attributable to the growth in earnings. The Group’s effective tax rate was approximately 15.6% for the first half of the year and approximately 17.2% for the corresponding period of last year. In order to keep the effective tax rate steady in the future, currently several subsidiaries of the Group in the PRC have successfully applied for the status of Hi-Tech enterprises. The income tax rate applicable to Hi-Tech enterprises is 15.0% according to the national policy in the PRC.