Securities code: 300709 securities abbreviation: Jiangsu Gian Technology Co.Ltd(300709) Announcement No.: 2022-020
Jiangsu Gian Technology Co.Ltd(300709)
2021 annual performance express
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.
Special tips:
The financial data of 2021 contained in this announcement is only preliminary accounting data, which has not been audited by an accounting firm, and may be different from the final data disclosed in the annual report. Investors are reminded to pay attention to investment risks.
1、 Main financial data and indicators in 2021
Unit: Yuan
Increase and decrease of the project in the same period of last year in the reporting period
Total operating revenue 2408051011.85 1564126473.25 53.96%
Operating profit 166396984.54 139171147.26 19.56%
Total profit 16960805.54 143656392.47 18.07%
192692014.90 141851354.28 35.84% attributable to shareholders of listed companies
Net profit
After deducting non recurring profits and losses
81476476.66 115585599.10 – 29.51% attributable to shareholders of listed companies
Net profit
Basic earnings per share (yuan) 1.39 1.03 34.95%
The weighted average return on net assets was 10.67% and 9.50%, up 1.17%
spot
Increase and decrease at the end of the reporting period
Total assets 3578822436.18 327013131.85 9.44%
2346068925.67 1710166502.70 37.18% attributable to shareholders of listed companies
Owner’s equity
Share capital 155193217.00 115559860.00 34.30%
15.12 14.80 2.16% attributable to shareholders of listed companies
Net assets per share (yuan)
Note: the data in this table is filled in with the data of the company’s consolidated statements.
2、 Description of operating performance and financial status
(I) operating performance
During the reporting period, the company achieved an operating revenue of 2408051011.85 yuan, an increase of 53.96% over the previous year. The operating profit was 166396984.54 yuan, a year-on-year increase of 19.56%. The total profit was 16960805.54 yuan, a year-on-year increase of 18.07%. The net profit attributable to the shareholders of the listed company was 192692014.90 yuan, a year-on-year increase of 35.84%. The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 81476476.66 yuan, a year-on-year decrease of 29.51%. During the reporting period, the main reasons for the change of the company’s operating performance are as follows:
1. During the reporting period, benefiting from the growth of orders in major customer markets and the development of folding screen mobile phone market, the company’s business scale gradually expanded, product sales increased and net profit increased. At the same time, Shenzhen antxin Technology Co., Ltd. (hereinafter referred to as “antxin”) was included in the scope of the company’s consolidated statements on March 31, 2021, The operating income of the company in the reporting period increased significantly compared with the same period of last year.
2. During the reporting period, the interest expense of convertible corporate bonds and the share based payment expense of equity incentive plan increased by about 35.8 million yuan over the same period of last year.
3. During the reporting period, the company continued to carry out research and development of new projects and new materials, and the R & D investment increased by about 18% compared with the same period of last year.
4. During the reporting period, the operating performance of Andersen was lower than expected. Mainly due to: (1) although the operating revenue in 2021 increased significantly compared with the same period of last year, the overall operating revenue did not meet the expectations at the beginning of the year, resulting in over allocation of R & D personnel and sluggish materials; (2) Affected by the intensification of market competition and the lack of overall production management and mass production planning, the overall profitability is affected; (3) The cost of raw materials and labor increased significantly. As a result, Andersen suffered losses in its operating performance and was unable to fulfill its performance commitment in 2021.
According to the analysis of the future business performance and profitability of Andersen, the recoverable amount of the goodwill formed by the acquisition of Andersen is lower than its book value. After preliminary careful judgment, Andersen shows signs of impairment of intangible assets and goodwill. The company has accrued about 87.4433 million yuan for impairment of intangible assets and goodwill in the current period, and recognized the performance compensation income according to relevant agreements. The final amount of relevant impairment provision and performance compensation income will be determined after evaluation and audit by professional evaluation institutions and audit institutions hired by the company. According to the relevant definitions and provisions of the explanatory Announcement No. 1 on information disclosure of companies offering securities to the public – non recurring profits and losses of the above intangible assets and goodwill impairment losses are included in the recurring profits and losses, and the performance compensation income constitutes the non recurring profits and losses.
5. During the reporting period, the impact of the company’s non recurring profit and loss on the net profit in 2021 is expected to be about 111.22 million yuan, mainly due to the above performance compensation income, government subsidy income included in the profit and loss and investment income.
(II) financial status
At the end of the reporting period, the total assets of the company were 3578822436.18 yuan, an increase of 9.44% over the beginning of the period; The owner’s equity attributable to the shareholders of the listed company was 2346068925.67 yuan, an increase of 37.18% over the beginning of the period; The share capital was 155193217.00 yuan, an increase of 34.30% over the beginning of the period; The net assets per share attributable to the shareholders of the listed company were 15.12 yuan, an increase of 2.16% over the beginning of the period.
The main reasons for the changes of the above indicators are: (1) the increase of the company’s net profit in the reporting period; (2) The profit distribution plan for 2020 was implemented, and the capital reserve was converted into 2 shares for every 10 shares to all shareholders; (3) Due to the conversion of convertible corporate bonds issued by the company to shares.
3、 Description of the difference from the previous performance forecast
The business performance disclosed in this performance express is the same as that of the company on the gem information disclosure website designated by the CSRC on January 27, 2022（ http://www.cn.info.com.cn. ）There is no significant difference in the operating performance in 2021 predicted in the disclosed performance forecast for 2021.
4、 Other instructions
This performance express is the preliminary accounting result of the company’s financial department and has not been audited by an accounting firm. The specific financial data will be disclosed in detail in the 2021 annual report. Please make careful decisions and pay attention to investment risks.
5、 Documents for future reference
1. Comparative balance sheet and income statement signed and sealed by the current legal representative of the company, the person in charge of accounting and the person in charge of accounting organization;
2. Other documents required by Shenzhen Stock Exchange.
It is hereby announced.
Jiangsu Gian Technology Co.Ltd(300709) board of directors February 26, 2022
