Securities code: Rockontrol Technology Group Co.Ltd(688051) securities abbreviation: Rockontrol Technology Group Co.Ltd(688051) Announcement No.: 2022009 Rockontrol Technology Group Co.Ltd(688051)
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 integrity of its contents according to law.
The main financial data of 2021 contained in this announcement are preliminary accounting data, which have not been audited by an accounting firm. The specific data are subject to the company's regular report of 2021, and investors are reminded of investment risks. 1、 Main financial data and indicators in 2021
Unit: 10000 yuan
Increase or decrease range items in the same period of last year in the current reporting period
（％）
Total operating income 48670886814265 -28.58
Operating profit -1466190, 1990223 -173.67
Total profit -1465510, 1995535 -173.44
Owned by the parent company
-12,964.75 17,694.73 -173.27
Net profit of investors
Owned by the parent company
Deduction of non recurring -15226511423311 -206.98
Net profit from profit or loss
Basic earnings per share
-1.68 2.44 -168.85
(yuan)
Weighted average net asset income
-9.26% 14.71% -23.97
Profit rate
Increase / decrease range at the end of the reporting period at the beginning of the reporting period
（％）
Total assets 1856542419986604 - 7.11
Ownership of parent company
132263.01 149237.24 -11.37
Owner's rights and interests
Share capital 773340-
Owned by the parent company
Net assets per share of 17.10 19.30 -11.37
(yuan)
Note: 1 The beginning amount of this report is the same as the end amount of the previous year legally disclosed. 2. The above financial data and indicators are filled in with the data in the consolidated statements, but have not been audited. The final results are subject to the company's 2021 annual report. 2、 Description of operating performance and financial status
(I) briefly describe the operation, financial status and main factors affecting the operation performance during the reporting period. During the reporting period, the company's total operating revenue decreased by 28.58% year-on-year; The net profit attributable to the owners of the parent company after deducting non recurring profits and losses decreased by 206.98% year-on-year.
By the end of the reporting period, the total assets of the company had decreased by 7.11% year-on-year; Net assets attributable to shareholders of listed companies decreased by 11.37% year-on-year.
During the reporting period, the company was in the transition stage from project-based to platform-based, and affected by the epidemic, the cycle of some projects in the smart city business was prolonged and the amount of signing orders was reduced, resulting in a decrease in the total operating revenue compared with the previous year. At the same time, due to the provision of large credit reduction losses in the private network communication business in the current period, the operating results of the company in the reporting period had a significant impact.
(II) if the increase or decrease of relevant items in the above table reaches more than 30%, the main reasons for the increase or decrease shall be explained.
During the reporting period, the operating profit of the company decreased by 173.67% over the same period of last year, the total profit decreased by 173.44% over the same period of last year, the net profit attributable to the owner of the parent company decreased by 173.27% over the same period of last year, the net profit deducting non recurring profits and losses attributable to the owner of the parent company decreased by 206.98% over the same period of last year, and the basic earnings per share decreased by 168.85% over the same period of last year, It is mainly due to the credit impairment loss accrued for private network communication business and the decrease of income and the increase of expenses. The specific reasons are as follows:
1. Increase in credit impairment losses
In November 2021, the company terminated the purchase and sales (processing) contract and its supplementary agreement with Ningbo new generation private network communication technology Co., Ltd. and Harbin comprehensive bonded zone supply chain management Co., Ltd. respectively. Before terminating the agreement, the company took into account the specificity of retained raw materials and the estimated sales, It is preliminarily judged that the expected cash flow of retained raw materials corresponding to the creditor's rights has changed significantly. Therefore, the company has recognized the expected credit loss for such creditor's rights within the net realizable value of retained raw materials, terminated the recognition of such creditor's rights, and recognized the net realizable value of retained raw materials as inventory for accounting.
Due to the specificity of these raw materials, there is a large estimation and judgment on the acquisition of their net realizable value. The company plans to hire a professional evaluation agency for evaluation.
In addition, if the bills issued by a customer of the company are not cashed when due, the credit impairment loss shall be separately accrued for the accounts receivable of the customer at the end of the reporting period.
2. Income decline
The company is mainly from Internet of things big data business and is now in the transition stage from project-based to platform-based. Some businesses in this stage belong to project construction business, which is easy to form periodic performance fluctuations. Affected by the epidemic this year, some project cycles of smart city business are prolonged and the amount of signing orders is reduced, which has a certain impact on the company's business expansion and overall gross profit margin.
With the country's comprehensive entry into the 14th five year plan development stage and the gradual decline of the epidemic, the in-depth implementation of national key policies such as big data industry, carbon peak carbon neutralization, energy conservation and carbon reduction, and the application of statistical monitoring data of Internet of things technology will enter a new era of capacity-building with integrated innovation, rapid development, in-depth application and structural optimization, In terms of big data industry, the company's smart sensing terminal, haidongqing time series database, cloud chain sharing platform, carbon chain and other products will usher in more development opportunities. During the reporting period, the dual carbon related products laid out by the company have entered the trial and function verification stage, and have been preliminarily recognized by customers, laying a good foundation for the rapid implementation of the dual carbon policy.
3. Cost increase
In order to grasp market opportunities, keep up with the pace of big data industry construction and development in the 14th five year plan, enhance technical reserves, seize opportunities in the future industry, cultivate the company's dual carbon business and further enhance the company's competitiveness in the dual carbon field, the company increased R & D investment and talent team construction in 2021.
(1) R & D investment
During the reporting period, in the direction of its main business, the company increased its R & D investment in the platform and data security in terms of ecological environment big data incubation platform, smart Park enabling platform, AI cloud platform and data security, provided SaaS services for customers, built a platform foundation and improved the company's SaaS service capability. At the same time, based on the national strategic background of "carbon peak, carbon neutralization", relying on the accumulation in the field of Internet of things technology and industrial application, the company established a low-carbon development center, which is responsible for the planning, design, R & D and market resource integration of low-carbon series products, and R & D of "carbon chain" series products. In order to provide support for the future value creation and rapid development of the company.
(2) Talent team construction
With the continuous breakthrough of Internet of things technology and the acceleration of industry development and reform, the market demand for the application of Internet of things technology is also increasing. Entities are required to continue to innovate and carry out research and development of new technologies according to market changes. In order to grasp market opportunities, the company increased the investment of technical R & D personnel during the reporting period, resulting in increased costs. 3、 Relevant risk tips
The main financial data of 2021 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 audited 2021 annual report officially disclosed by the company, and investors are reminded of investment risks. 4、 Online announcement attachment
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 (Accounting Supervisor).
It is hereby announced.
Rockontrol Technology Group Co.Ltd(688051) board of directors February 28, 2022
