Securities code: 688123 securities abbreviation: Giantec Semiconductor Corporation(688123) Announcement No.: 2022-014 Giantec Semiconductor Corporation(688123)
Announcement of 2021 annual performance express
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and completeness of its contents.
The main annual financial data contained in this announcement are preliminary accounting data, which have not been audited by an accounting firm. The specific data shall be subject to the 2021 annual report of Giantec Semiconductor Corporation(688123) (hereinafter referred to as “the company”), which draws the attention of investors to investment risks.
1、 Annual main financial data and indicators
Unit: yuan currency: RMB
Increase and decrease range of main financial data and indicators in the same period of last year in the reporting period (%)
Total operating income 544652517.68 493852065.62 10.29
Operating profit 110658999.18 174840887.58 -36.71
Total profit 112292818.17 177542580.75 -36.75
Net profit attributable to the owner of the parent company 107392215.45 162947716.63 -34.09
Net profit attributable to the owner of the parent company after deducting non recurring profit and loss of 85160460.03 60142853.22 41.60
Basic earnings per share (yuan) 0.89 1.35 -34.17
Weighted average return on net assets (%) 7.19 11.71 decreased by 4.52 percentage points
Main financial data and indicators at the end of the reporting period and the beginning of the reporting period (%)
Total assets 1635203548.32 1556469946.19 5.06
Owner’s equity attributable to the owner of the parent company 1524130959.63 1461079275.65 4.32
Share capital 120841867.00 120841867.00 0.00
Net assets per share attributable to the owner of the parent company 12.61 12.09 4.32 (yuan) Note: the above data are unaudited consolidated statement data, and the beginning amount of this report is the same as the end of the previous year legally disclosed.
2、 Description of operating performance and financial status
(I) business operation and main factors affecting business performance
With the gradual recovery of the market demand for downstream terminal applications, the sales of the company’s main products showed a steady recovery trend. In 2021, the company realized an operating revenue of 544.6525 million yuan, an increase of 10.29% over the same period of last year. Among them, the main product lines such as nonvolatile memory chip, voice coil motor driver chip and smart card chip achieved sales revenue of 425235300 yuan, 52.103000 yuan and 65.3258 million yuan respectively, accounting for 78.07%, 9.57% and 11.99% of the operating revenue in the same period.
1. Nonvolatile memory chip business
During the reporting period, due to the insufficient capacity supply of suppliers, the market expansion of norflash products of the company did not achieve the expected effect, and the income from EEPROM products was still the main source of income for the company’s nonvolatile memory chip business. The main application field of the company’s eerpom products is smart phone camera module. According to IDC statistics, the total shipments of smart phones except apple brand in the world in 2021 increased by 3.83% compared with the same period in 2020, which correspondingly led to the increase of EEPROM market demand. The company’s EEPROM products achieved an annual sales revenue of 425235300 yuan, a year-on-year increase of 4.04%. In order to reduce the risk of industry fluctuations in a single downstream application field to the company’s performance, the company focused on expanding the application field of EEPROM products. Spdeeprom products developed in cooperation with Montage Technology Co.Ltd(688008) were mass produced in the fourth quarter of 2021, and some A1 grade automotive EEPROM products also passed the aec-q100 reliability standard certification of a third-party authority at the end of the fourth quarter, The planning and layout of nonvolatile memory chip products have been well completed.
2. Voice coil motor driver chip business
During the reporting period, the revenue from open-loop products was the main revenue source of the company’s voice coil motor drive chip business. Affected by the sharp fluctuations in the global smartphone market, the sales volume of the company’s voice coil motor drive chip products in the second half of 2021 failed to maintain the level of the first half of the year. The annual sales revenue of voice coil motor drive chip products was 52.1033 million yuan, a year-on-year increase of 9.87%, which did not meet the expectations at the beginning of the year.
3. Smart card chip business
During the reporting period, the company keenly grasped the cyclical growth opportunities of the smart card chip market, effectively maintained the stable supply of the company’s smart card chip production capacity, actively expanded the high demand and high growth markets such as supply chain management, logistics, new retail and traffic management, and developed a new generation of smart card chip products with smaller chip area, better reading and writing performance and higher sensitivity, Improve the competitiveness and added value of products. The company’s smart card chip products achieved an annual sales revenue of 65.3258 million yuan, a year-on-year increase of 83.16%.
(II) financial status
By the end of the reporting period, the total assets of the company were 1635203500 yuan, and the net assets attributable to the shareholders of the listed company were 1524131000 yuan, an increase of 5.06% and 4.32% respectively compared with the beginning of the reporting period, and the scale of net assets continued to increase. The debt ratio of the company at the end of the reporting period was 7.08%, and the monetary capital and trading financial assets were 433.5651 million yuan and 791.9343 million yuan respectively. The overall financial situation remained healthy and stable.
(III) description of major changes in the company’s main financial data and indicators
1. During the reporting period, the company’s operating profit, total profit, net profit attributable to the owners of the parent company and basic earnings per share decreased by more than 30% compared with the same period of last year, and the weighted average return on net assets decreased by 4.52 percentage points compared with the same period of last year, It is mainly due to the comprehensive influence of the following factors: (1) the company participated in the strategic placement of the initial public offering of Semiconductor Manufacturing International Corporation(688981) science and Innovation Board shares in July 2020 and indirectly held Semiconductor Manufacturing International Corporation(688981) about 3550200 shares through Juyuan Xinxing. The income from changes in fair value recognized according to the contribution share increased by about 78.5187 million yuan in the same period of last year and decreased by about 1.11218 million yuan in the reporting period; (2) During the reporting period, the company strengthened R & D investment, with R & D expenses increasing by more than 40% compared with the same period of last year, and the proportion of R & D investment in operating revenue increased by nearly 3 percentage points compared with the same period of last year.
2. During the reporting period, the net profit of the Company attributable to the owner of the parent company after deducting non recurring profits and losses increased by 41.60% compared with the same period of the previous year, mainly due to the comprehensive influence of the following factors: (1) the company adjusted the product price system appropriately during the reporting period, and the market promotion of some high value-added new products was relatively smooth, The gross profit margin of main business in the reporting period increased significantly compared with the same period of last year; (2) The fluctuation of US dollar exchange rate in the reporting period is less than that in the same period of last year, and the exchange loss recognized by the company in the reporting period is less than that in the same period of last year.
3、 Risk tips
The financial data of 2021 contained in this announcement is preliminary accounting data, which has not been audited by an accounting firm, and may be different from the data disclosed in the company’s 2021 annual report. The specific data shall be subject to the 2021 annual report officially disclosed by the company after audit. Please pay attention to risks and invest rationally. It is hereby announced.
Giantec Semiconductor Corporation(688123) board of directors February 25, 2022
