Securities code: 002861 securities abbreviation: Yingtong Telecommunication Co.Ltd(002861) Announcement No.: 2022-004 bond Code: 128118 bond abbreviation: Yingtong convertible bond
Yingtong Telecommunication Co.Ltd(002861)
2021 annual performance forecast
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Expected performance of the current period
(I) performance forecast period
January 1, 2021 to December 31, 2021
(II) performance forecast
Application of the company's performance forecast: the expected net profit is negative
The current reporting period of the project is the same period of last year
Loss attributable to listed companies: 28 million yuan - 32 million yuan; Profit: 44.9227 million yuan; net profit of shareholders
Net profit after deducting non recurring losses: 40 million yuan - 45 million yuan profit: 33.5815 million yuan profit
Basic earnings per share loss: 0.18 yuan / share - 0.21 yuan / share profit: 0.29 yuan / share
2、 Communication with accounting firms
The financial data related to this performance forecast has not been pre audited by the accounting firm. The company has made pre communication with the accounting firm on major matters related to the performance forecast, and there is no major difference between the company and the accounting firm in the performance forecast.
3、 Explanation of performance change reasons
During the reporting period, affected by the wireless trend of acoustic products, the revenue of acoustic parts (mainly wired earphone wires and semi-finished wired earphones) of the company decreased significantly, the product structure changed, and the proportion of finished earphone revenue continued to increase. In addition, affected by covid-19 epidemic, the company's overseas business has declined to a certain extent.
The gross profit margin of acoustic parts of the company is higher than that of finished earphones and data cables. Affected by the change of product structure, the tight supply of components such as Bluetooth master chip, the rise of raw material prices, the slowdown of demand orders of some customers and other factors, the company's gross profit margin has decreased.
In order to consolidate the foundation of the company's long-term development in the field of "loud learning and big transmission", during the reporting period, the company continued to increase investment in new talents, new customers and new projects, introduced more high-quality customers and new projects, increased R & D investment and strengthened technical capacity in the field of acoustics and transmission. In the early stage of project cooperation, the product order volume is small, the production efficiency is climbing, and the sales have not been improved accordingly. At the same time, the company raised funds to invest in the projects "R & D center construction project" and "Yingtong intelligent electronic production project (phase I)", which were converted from construction in progress to fixed assets during the reporting period, increased depreciation, and terminated the implementation of the 2018 equity incentive plan, which increased the share based payment expenses recognized in the reporting period. The above factors led to an increase in the company's expenses during the reporting period.
Affected by the above reasons, the company's net profit loss during the reporting period. Subsequently, the company will further strengthen management, improve the conversion rate of R & D projects, expand the share of customer orders and improve profitability.
4、 Risk tips
This performance forecast is the result of the preliminary calculation of the company's financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company. Investors are kindly requested to make prudent decisions and pay attention to investment risks.
It is hereby announced.
Yingtong Telecommunication Co.Ltd(002861) board of directors January 29, 2022
