Securities code: 002387 securities abbreviation: Visionox Technology Inc(002387) Announcement No.: 2022-002 Visionox Technology Inc(002387)
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
1. Performance forecast period: January 1, 2021 to December 31, 2021
2. Performance forecast:
□ the estimated net profit is negative;
The current reporting period of the project is the same period of last year
Loss attributable to shares of listed companies: 160 million yuan – 190 million yuan; Profit: net profit of 203.571 million yuan
Net profit after deducting non recurring profit and loss: 1744 million yuan – 2044 million yuan loss: 739.44 million yuan
The operating income is 440 million yuan – 460 million yuan and 34.3311 million yuan
After deduction, the operating income is 4350 million yuan – 4550 million yuan and 3343.064 million yuan
Basic earnings per share loss: 1.1699 yuan / share – 1.3892 yuan / share earnings: 0.1488 yuan / share
Note: 1. In the above table, the operating income after deduction refers to the operating income after deducting the business income irrelevant to the main business and the income without commercial substance;
2. "Ten thousand yuan" in this announcement refers to ten thousand yuan.
2、 Communication with accounting firms
This performance forecast has not been pre audited by certified public accountants. The company has made pre communication with the certified public accountants signing the accounting firm providing annual audit services for the company on this performance forecast. As the audit work in 2021 is still in progress, so far, there is no significant difference between the two sides on this performance forecast, and the specific data shall be subject to the audit results.
3、 Description of operation during the reporting period
(I) main reasons for performance changes
In 2021, the company's operating revenue is expected to be 4.4 billion yuan to 4.6 billion yuan, including OLED product sales revenue
The revenue was 4.25 billion yuan to 4.45 billion yuan, an increase of 97.15% to 106.43% over the same period of last year. The shipment of Kunshan 5th generation AMOLED panel production line increased by about 56% over the same period of last year. The shipment of Gu'an 6th generation AMOLED panel production line increased by about 140% over the same period of last year. During the reporting period, the company's main business continued to improve, the gross profit margin of OLED products increased significantly compared with the same period of last year, and the net cash flow from operating activities increased significantly. The main reasons for the company's net profit loss in 2021 are as follows:
1. The company provided patent technology licensing, consulting and management services for the joint-stock companies Hefei Visionox Technology Inc(002387) Technology Co., Ltd. and Guangzhou Guoxian Technology Co., Ltd., which had an impact on the performance of 2020 of RMB 1.111 billion, which did not occur in this period.
2. During the reporting period, the contribution of non recurring profits and losses to the net profit attributable to shareholders of listed companies decreased by about 799 million yuan compared with the same period of last year, mainly due to the impact of government subsidies of 646 million yuan and the impact of asset disposal profits and losses of 149 million yuan;
3. The sixth generation AMOLED panel production line of Gu'an was converted to fixed assets in the first half of 2021, which increased the depreciation and amortization expenses of fixed assets by 509 million yuan in the second half of the year, which had an impact on the current performance of the company;
In 4.2021, the company continued to increase R & D investment in core business, maintain the advanced technology of the company, and enhance its core competitiveness, and the R & D expenses increased over the same period last year.
(II) description of operation in 2021
In 2021, the company continued to increase technological innovation and market development, continued to make efforts in the field of innovative products such as folding, new pixel arrangement, under screen camera and high refresh rate, and supplied a variety of products to well-known brand customers such as glory, ZTE, Xiaomi, oppo, vivo, Nubia, huami, Fitbit and Motorola. The sales volume of the company's products increased significantly, driving the growth of the company's operating revenue. At the same time, the operation level of the company has continued to improve, reducing costs and increasing efficiency by improving product technology, optimizing product structure, improving product added value and improving the localization level of raw materials.
During the reporting period, the company put forward the development strategy of "one strength and two innovations". The "one strength" is to build a strong foundation for small-scale applications, and the "two innovations" is to expand new areas of medium-sized applications and explore new tracks of large-scale applications. In the next five years, the company will steadily improve the operating efficiency of OLED mass production line, jointly explore innovative schemes with the industrial chain, comprehensively improve the comprehensive service experience of customers, consolidate the foundation of the company in OLED key technologies, innovative applications and other aspects, and realize high-quality sustainable development in the field of new display industry.
4、 Risk tips
At present, the company has no major uncertain factors that may affect the accuracy of the performance forecast. The expected performance data of the company has not been audited by certified public accountants. Please make careful decisions and pay attention to investment risks.
5、 Other relevant instructions
This performance forecast is the result of the preliminary estimation of the company's financial department and has not been audited by the audit institution. The specific financial data shall be subject to the data disclosed in the company's 2021 annual report.
It is hereby announced.
Visionox Technology Inc(002387) board of directors January 29, 2002
