Securities code: Tianma Microelectronics Co.Ltd(000050) securities abbreviation: shentianma a Announcement No.: 2022017 Tianma Microelectronics Co.Ltd(000050) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of common shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable whether to convert accumulation fund into share capital □ yes √ no
The company’s profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 2457747661 shares as the base, distribute cash dividends of 0.70 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 share (including tax), and do not use the accumulation fund to increase the share capital. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation: shentianma a stock code: Tianma Microelectronics Co.Ltd(000050)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Chen bingxia, Hu Xi
Office address: building 64, majialong industrial city, Nanshan District, Shenzhen
Fax: 075586225772
Tel: 075586225886075526094882
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
During the reporting period, the company continued to cultivate the field of small and medium-sized display, focusing on the mobile intelligent terminal display market represented by smart phones and smart wear, professional display represented by vehicle, medical treatment, POS, HMI, smart home and industrial control handheld, and actively layout the it display market represented by notebook computers and tablet computers, Expand the non display business based on TFT panel driving technology, and continuously improve the technology, product and service capabilities. The company’s industrial bases are located in Shenzhen, Shanghai, Chengdu, Wuhan, Xiamen and Japan. It has a global marketing network in Europe, the United States, Japan, South Korea, India, Hong Kong and other countries and regions to provide customers with all-round customized display solutions and rapid service support.
Take the development of small and medium-sized enterprises as the orientation, take the market as the development opportunity, and give full play to their own advantages. During the reporting period, the company’s mature production line continued to be fully produced and sold, AMOLED production capacity was continuously released, and the company’s industry and market position was further consolidated: in terms of market performance, the company’s shipments of LTPS smart machines, on-board TFTs and on-board instruments ranked first in the world, and the shipments of rigid OLED smart wearables ranked second in the world (data source: omdia), and in high-end medical treatment, smart home, industrial handheld Human computer interaction and other market segments remain the world leader.
In 2021, the company achieved an operating revenue of 31.829 billion yuan, a year-on-year increase of 8.88%; The net profit was 1.542 billion yuan, a year-on-year increase of 4.61%. The changes of main financial items in 2021 are as follows:
Unit: Yuan
Notes to the increase and decrease range of the project in 2021 and 2020
Operating income 31829213790402923274505203259646873837 8.88%
Operating cost 25992338051942355332270820243901534374 10.36%
Taxes and surcharges 23982879156215771184622405760694 11.15%
Sales expenses 34010263162317344253262275837836 7.17%
Administrative expenses 101056349495986260432312430306264 2.46%
R & D expenses 199808221835202413681881 – 2605460046 – 1.29%
Financial expenses 5663648968083882293540 – 27245803860 – 32.48% (1)
Other income 70738844573660259092984712935275 7.14%
Credit impairment loss (loss expressed with “-“) 10614980894346585702 – 3285087613 loss increased by 3285087613 yuan (2)
Asset impairment loss (loss expressed with “-“) – 77306430245 -38628131078 -38678299167 loss increased by 38678299167 yuan (3)
Non operating income 42058439103692136624513707286 13.91%
Non operating expenses 390123516395944321 -5820805 -1.47%
Other comprehensive income (loss expressed with “-“) – 6613639580 -1254049515 -53590065 loss increased by 53590065 yuan (4)
Net cash flow from operating activities 505299808805667687543383 – 162387734578 – 24.32%
Net cash flow from investing activities was -798084834031 -1038724095684, an increase of 240639261653 yuan
Net cash flow from financing activities 243418303469514001164049 – 270582860580 – 52.64% (5)
(1) The decrease in financial expenses is mainly due to the impact of exchange rate changes on the increase of exchange income and the financial discount received in the current period to offset the financial expenses.
(2) The increase of credit impairment loss is mainly due to the decrease of bad debt provision of receivables carried forward in the current period. (3) the increase of asset impairment loss is mainly due to the increase of impairment loss of fixed assets accrued in the current period. (4) The increase in other comprehensive income loss was mainly due to the impact of exchange rate changes on the translation difference of foreign currency financial statements. (5) The decrease in net cash flow from financing activities is mainly due to the raised funds received from the non-public issuance of A-Shares in the previous period, which is not the case in the current period. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 80432335677267355780438916 9.35% 6545100843354
Net assets attributable to shareholders of listed companies 34872616733203356833836422 3.89% 2670722448520
20212020 year-on-year increase or decrease 2019
Operating income 31829213790402923274505203 8.88% 3028197006828
Net profit attributable to shareholders of listed company 154245710105147452145009 4.61% 82936499537
Deduction attributable to shareholders of listed companies non recurring 6870174369288420250525 – 22.30% 24636781662
Net profit from profit or loss
Net cash flow from operating activities 505299808805667687543383 – 24.32% 476066081960
Basic earnings per share (yuan / share) 0.6276 0.6749 -7.01% 0.4049
Diluted earnings per share (yuan / share) 0.6276 0.6749 -7.01% 0.4049
Weighted average return on net assets 4.51% 5.05% – 0.54% 3.15%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
business income
