Securities code: 300021 securities abbreviation: Dayu Water-Saving Group Co.Ltd(300021) Announcement No.: 2022-013
Bond Code: 123063 bond abbreviation: Dayu convertible bond
Dayu Water-Saving Group Co.Ltd(300021)
Performance forecast for 2021
The company and all members of its board of directors guarantee that the contents of the announcement are true, accurate and complete without 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
2. Performance forecast type: rising in the same direction
3. Performance forecast:
The current reporting period of the project is the same period of last year
Profit attributable to listed companies: 123.4651 million yuan – 153.0968 million yuan profit: 98.7721 million yuan net profit of shareholders increased by 25% – 55% over the same period last year
Profit after deducting non recurring losses: 111.4651 million yuan – 141.0968 million yuan
The net profit after profit increased by 27.50% – 61.40% over the same period of last year, and the profit was 87.4222 million yuan
2、 Communication with accounting firms
The performance forecast data is the preliminary calculation result of the financial department of Dayu Water-Saving Group Co.Ltd(300021) (hereinafter referred to as “the company”), which has not been audited by an accounting firm. The company has pre communicated with the accounting firm on the performance forecast, and there is no significant difference between the company and the accounting firm on the financial data related to the performance forecast.
3、 Explanation of performance change reasons
1. During the reporting period, the company actively expanded its business and paid close attention to the implementation of the project. The overall business maintained stable and healthy operation and achieved sustained growth. The overall operating cash flow situation was significantly improved. The net profit attributable to the shareholders of the listed company is expected to increase by 25% ~ 55% year-on-year. The main reasons are as follows:
On the one hand, during the reporting period, based on the whole industrial chain of agriculture, rural areas and water, the company deeply promoted the integration of three networks, effectively made use of the joint efforts of the government and the market, further enhanced the industry status and brand influence, and performed well in market orders. Among them, the market expansion in East China has been strengthened, the layout of rural environment sector has been deepened, and the implementation of large-scale projects under construction has been steadily promoted, which has driven a significant increase in operating income and net profit to a certain extent; On the other hand, during the reporting period, the rising prices of metal materials, cement, polyethylene and other raw materials led to an increase in operating costs and a decrease in gross profit margin; At the same time, during the reporting period, the company increased the investment in R & D expenses and management information system. In addition, the negative impact on the net profit caused by the adjustment of relevant financial expenses due to the difference between the coupon rate of convertible bonds and the actual interest rate and the relevant accounting treatment of share based payment was about 30 million yuan.
2. During the reporting period, the impact of non recurring profits and losses on the company’s net profit is expected to be about 12 million yuan, which is subject to the financial data disclosed in the 2021 annual report.
4、 Other relevant instructions
1. This performance forecast is the result of the preliminary calculation of the company’s financial department and has not been audited by an accounting firm; 2. The specific data of 2021 annual performance will be disclosed in detail in the company’s 2021 annual report. Please make careful decisions and pay attention to investment risks.
5、 Documents for future reference
1. Description of the board of directors on the performance forecast.
It is hereby announced.
Dayu Water-Saving Group Co.Ltd(300021) board of directors January 28, 2022
