Securities code: Hangzhou Arcvideo Technology Co.Ltd(688039) securities abbreviation: Hangzhou Arcvideo Technology Co.Ltd(688039) Announcement No.: 2022004 Hangzhou Arcvideo Technology Co.Ltd(688039)
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.
Important content 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 are subject to the regular report of Hangzhou Arcvideo Technology Co.Ltd(688039) (hereinafter referred to as "the company") in 2021, and investors are reminded of investment risks.
1、 Main financial data and indicators in 2021
Unit: RMB
Increase and decrease of the project in the same period of last year in the reporting period
（％）
Total operating income 4515552158736589126019 23.41
Operating profit 704410319110193564170 -30.90
Total profit 700474313910193344206 -31.28
Net profit attributable to the owner of the parent company: 666788166310283204352 -35.16
Deduct 56093135857956025582 - 29.50 from the net profit attributable to the owner of the parent company, except for recurring profits and losses
Basic earnings per share (yuan) 0.83 1.29 - 35.16
The weighted average return on net assets was 4.47% and 7.19%, a decrease of 2.72 percentage points
Increase / decrease range of the project at the end of the reporting period and at the beginning of the reporting period
（％）
Total assets 178051419331162218967868 9.76
All 153330790190147335083213 4.07 equity attributable to shareholders of the parent company
Share capital 8031650 Faw Jiefang Group Co.Ltd(000800) 0000000 0.40
Net assets attributable to the owner of the parent company for every 19.09 18.42 3.64 shares (yuan) Note: 1 The beginning amount of this report is the same as the end amount of the previous year legally disclosed.
2. If there is a tail difference in the above increase or decrease data, it is caused by rounding calculation.
3. 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) operating conditions, financial conditions and main factors affecting operating performance during the reporting period
During the reporting period, the company achieved a total operating income of 451555200 yuan, an increase of 23.41% over the same period of last year; The net profit attributable to the owners of the parent company was 666788 million yuan, a decrease of 35.16% over the same period of last year; The net profit attributable to the owners of the parent company after deducting non recurring profits and losses was 560931 million yuan, a decrease of 29.50% over the same period of the previous year.
With the further development of communication technology, video applications have penetrated into all walks of life. The company has always focused on the video field. During the reporting period, the company actively developed industrial applications and business scenarios, deepened the product and service structure, and maintained a sustained growth in business scale. At the same time, in order to meet the needs of business development, new industry layout and continuous product innovation, the company continued to increase investment in R & D, talent reserve, market expansion and channel construction in 2021, and helped the rapid expansion of the company's video products in new industries through the rapid iteration and enrichment of product solutions, Therefore, the corresponding increase in expenses led to a decrease in net profit compared with the same period.
At the end of the reporting period, the total assets of the company were 1780514200 yuan, an increase of 9.76% over the beginning of the reporting period; The owner's equity attributable to the shareholders of the parent company was 1533379 million yuan, an increase of 4.07% over the beginning of the reporting period.
(II) explanation of the main reasons for the increase or decrease of main financial data and indicators by more than 30%
During the reporting period, the company's operating profit was 70.441 million yuan, a year-on-year decrease of 30.90%; The total profit of the company was 700474 million yuan, a year-on-year decrease of 31.28%; The company's net profit attributable to the owner of the parent company was 666788 million yuan, a year-on-year decrease of 35.16%; The basic earnings per share of the company was 0.83 yuan, a year-on-year decrease of 35.16%.
The main reason for the above changes is that under the condition of the growth of operating income, the growth rate of expense investment during the reporting period increased significantly, mainly including continuous R & D investment, investment in new business direction, investment in multi industry expansion of products, etc. Among them: (1) in order to maintain the continuous industry leadership of technology and more strategic layout, the company has significantly increased its investment in core technology and product R & D in new industries; (2) Based on years of accumulation in the video industry and professional video media team, the company increased its investment in the business direction of immersive vehicle intelligent entertainment cockpit during the reporting period, focusing on the research and application of technology such as video multi screen synchronization and other immersive products; (3) The company's 5g edge computing products and central video platform products are applied in multiple industries, and the expansion of cross industry channels leads to the increase of sales expenses; (4) In order to attract and retain talents, the company implemented the equity incentive plan in 2020. Since the share based payment expenses were recognized by stages according to the ownership proportion during the implementation of the incentive plan, there were differences in the impact on the accounting costs of each period, and the share based payment expenses of the company increased significantly in the reporting period compared with the same period.
3、 Risk tips
The main financial data of the company in 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 data disclosed in the company's 2021 annual report, and investors are reminded to pay attention to investment risks.
It is hereby announced.
Hangzhou Arcvideo Technology Co.Ltd(688039) board of directors February 28, 2022
