Securities code: 000100 securities abbreviation: TCL technology Announcement No.: 2022-005 TCL Technology Group Co., Ltd
Annual performance forecast for 2021
TCL Technology Group Co., Ltd. and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.
1、 Expected performance of the current period
1. Performance forecast period: January 1, 2021 to December 31, 2021 (hereinafter referred to as “the reporting period”)
2. Expected performance: rising in the same direction
The same period of last year from January 1, 2021 to December 31, 2021
RMB 161600000000-16500000
The operating income is 76677240000 yuan
Year on year growth: 111% – 115%
Profit: 150 million yuan – 153.5 million yuan
Net profit: 5065.2 million yuan
Year on year growth: 196% – 203%
Profit attributable to shareholders of listed companies: RMB 100000000-rmb 1030000
Net profit: 4388.16 million yuan
Year on year growth: 128% – 135%
Profit attributable to shareholders of listed companies: 9350 million yuan – 9550 million yuan
Profit after deducting non recurring profit and loss: 2933.25 million yuan
Net profit increased by 219% – 226% over the same period last year
Basic earnings per share: 0.7422 yuan / share -0.7644 yuan / share earnings: 0.3366 yuan / share
Note: earnings per share in the table are calculated according to the weighted average of total share capital.
2、 Communication with accounting firms
The performance forecast has not been audited by the accounting firm. The company has pre communicated with the annual audit accounting firm on matters related to the employment performance forecast. Up to now, the company and the accounting firm have no differences on the content of the performance forecast data of this period. The specific data of 2021 shall be subject to the final audit result.
3、 Explanation of performance change reasons
During the reporting period, the main factors affecting the company’s operation and performance are:
(I) the operating revenue of semiconductor display business increased by more than 80% year-on-year, and the net profit increased by more than 20% year-on-year
The operating revenue of large-scale business increased by more than 90% year-on-year, and the net profit increased by more than 300% year-on-year. T1, T2 and T6 maintained full sales and full production, T7 was mass produced as planned, T10 production line and products accelerated integration, and the large-scale shipment area increased by 36% year-on-year; Affected by the logistics response and the demand adjustment in some regions, the prices of main products have been corrected since the third quarter, but the average price in the reporting period is still significantly higher than that in the same period of last year. The company is optimistic about the improvement of the long-term competition pattern of the industry and the promotion of the strategic value of the industrial chain; The high-end business strategy of TV and commercial display products accelerates the optimization of product and customer structure, and gradually promotes the balance and stability of large-scale business profits.
The operating income of small and medium-sized enterprises has increased by more than 30% year-on-year, and the operating efficiency is gradually improving. T3 continuously optimize product and customer structure and improve profitability; The production capacity construction of phase II and III of T4 flexible OLED production line has been steadily promoted, and the product technology and customer structure have been improved; T9, which is positioned at the high value-added it display screen, and T5, which is positioned at the automotive, AR / VR and other products, will be put into operation as planned. The company will continue to promote the small and medium-sized business strategy, optimize the benefit structure and achieve sustainable growth.
(II) Central semiconductor merged in the fourth quarter of 2020, becoming a new driver of the company’s performance growth in 2021. Zhonghuan semiconductor stimulates organizational vitality through system and mechanism reform, gives full play to the technical advantages of G12 + laminated tile and the process advantages of intelligent manufacturing, and further improves its leading position in the industry. The production capacity of photovoltaic materials has increased rapidly, especially the technical, cost and ecological advantages of G12 products; The production capacity of semiconductor materials expanded steadily, the 8-12 inch product structure continued to upgrade, and Zhonghuan semiconductor exceeded the performance doubling plan.
(III) during the reporting period, the industrial finance sector supported and enabled the company’s core industries, and the operation of other businesses was stable.
The company will continue to build a strategic control point in the field of semiconductor display, semiconductor photovoltaic and semiconductor materials and become a global leader in the industry track with the core requirements of “improving business quality and efficiency, forging long boards to make up for weaknesses, accelerating global layout and innovation driven development”!
It is hereby announced.
Board of directors of TCL Technology Group Co., Ltd. January 27, 2022
