Securities code: Montnets Cloud Technology Group Co.Ltd(002123) securities abbreviation: Montnets Cloud Technology Group Co.Ltd(002123) Announcement No.: 2022024 Montnets Cloud Technology Group Co.Ltd(002123)
2021 annual performance express and performance forecast amendment announcement
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 been audited by the company's internal audit department and has not been audited by an accounting firm. It may be different from the final data disclosed in the annual report. Investors are reminded to pay attention to investment risks.
1、 Expected performance of the current period
1. Performance forecast period: January 1, 2021 to December 31, 2021
2. Previous performance forecast:
Montnets Cloud Technology Group Co.Ltd(002123) (hereinafter referred to as "the company") in the performance forecast of Montnets Cloud Technology Group Co.Ltd(002123) 2021 (Announcement No.: 2022002) disclosed by means of temporary announcement on January 29, 2022, it is estimated that the net profit attributable to shareholders of Listed Companies in 2021 will change from 35 million yuan to 45 million yuan, a decrease of 55.52% to 65.40% over the same period of the previous year; It is estimated that the net profit after deducting non recurring profits and losses will be a loss of 22.25 million yuan to 32.25 million yuan, a decrease of 151.08% to 174.04% over the same period of last year; The basic earnings per share is expected to be 0.04 yuan / share to 0.06 yuan / share.
3. Revised expected performance:
Whether the original forecast and the latest forecast of the project were revised in the same period of the previous year in the reporting period
Profit attributable to: 35 million yuan loss: 235968600 profit:
Municipal company shares – 45 million yuan
East's net profit decreased over the same period of last year: decreased over the same period of last year: 1011672
Profit 55.52% - 65.40% 333.25% yuan
Deducting non economic loss: 22.25 million yuan – loss: 2992476 million yuan; Profit: Yes
Recurring profit and loss is 32.25 million yuan and 435604 million yuan
The net profit after is decreased over the same period of last year: decreased over the same period of last year: Yuan
Run 151.08% – 174.04% 786.97%
Basic earnings per share: 0.04 yuan / share – loss: 0.29 yuan / share; Earnings: 0.06 yuan / share; 0.12 yuan / share
4. Main financial data and indicators in 2021
Unit: RMB 10000
Increase / decrease range of the project in the same period of last year in the reporting period (%)
Total operating income 3174064927356453 16.03%
Operating profit -228 Guangdong Dongfang Precision Science & Technology Co.Ltd(002611) 90170 -291.57%
Total profit -22785211176837 -293.61%
Net profit attributable to shareholders of listed companies -23596861011672 -333.25%
Basic earnings per share (yuan) -0.29 0.12 -341.67%
Weighted average return on net assets -5.46%, 2.34% - 7.80%
Increase / decrease range at the end of the reporting period (%)
Total assets 6040726065338188 - 7.55%
4010745244588433 - 10.05% of all shareholders' equity attributable to shareholders of listed companies
Share capital 80219638115411 - 1.15%
4.99 5.49 - 9.11% per share attributable to shareholders of listed companies
Net assets (yuan)
2、 Description of operating performance and financial status
During the reporting period, the total operating income of the company increased by 16.03% over the same period of last year, and the operating profit decreased by 291.57% over the same period of last year. The total profit, net profit attributable to the owners of listed companies and basic earnings per share decreased by 293.61%, 333.25% and 341.67% respectively, mainly due to the following reasons:
(1) In 2021, the gross profit margin of the company's cloud SMS business was affected by covid-19 epidemic, external market environment, the continuous rise of supply prices of operators and other factors. In addition, the competition in the cloud SMS industry was fierce, and the gross profit margin was low. Although the business volume and revenue of cloud SMS in 2021 maintained a year-on-year increase, the total gross profit decreased due to the decline of gross profit margin.
(2) The company continues to increase investment in research and development and market promotion of new products such as 5g rich media news, international cloud communication and Huawei service number. At present, relevant products have been basically finalized and are in the stage of large-scale market promotion and expansion. The business volume of 5g rich media news increased to 300% in the same period last year, and the gross profit increased to 200% in the same period last year after deducting a certain amount of trial cost; The revenue of international cloud communication business increased to 500% in the same period last year, and the gross profit increased to 3200% in the same period last year. The continuous development and large-scale marketing and expansion of the above new products have led to an increase in R & D expenses and sales expenses.
(3) In order to vigorously promote 5g rich media news business, cultivate customers' consumption habits, enhance customers' consumption stickiness and quickly seize the market, the company adopted the promotion method of free trial for some major customers in the second half of 2021. The trial commercial use of new products led to an increase in certain operating expenses.
(4) In the fourth quarter of 2021, the company's sales performance increased rapidly, and the operating revenue in the fourth quarter increased by more than 30% year-on-year. Therefore, the corresponding balance of accounts receivable increased by more than 400 million yuan year-on-year at the end of 2021, resulting in a significant increase in the amount of credit impairment loss in 2021 compared with 2020.
(5) As the company sold the assets and equity transfer funds of Liaoning Rongxin Xingye Power Technology Co., Ltd. in 2019 in the form of installment collection, the balance aging of the assets and equity transfer funds before the collection period agreed in the transfer agreement increased by the end of 2021, resulting in an increase in the provision for credit impairment loss of 13.7 million yuan in the current period.
(6) Based on the actual operation and future operation forecast of each subsidiary in the past three years, the company expects to withdraw about 260.12 million yuan of goodwill impairment for Shenzhen Montnets Cloud Technology Group Co.Ltd(002123) Development Co., Ltd., 4.64 million yuan of goodwill impairment for Shenzhen Shangding enterprise image planning Co., Ltd. and 19.19 million yuan of goodwill impairment for Shenzhen mengwang video Co., Ltd. in 2021, Finally, the amount of asset impairment accrued by the company will be determined according to the goodwill impairment test and evaluation report and the audit results of the audit institution.
(7) During 2020, the company disposed of most financial assets, increasing the investment income by about 57.8 million yuan, while the investment income from the disposal of financial assets in 2021 was only 1.52 million yuan, resulting in the profit and loss of changes in fair value of trading financial assets held by the company in 2021 and the investment income from the disposal of financial assets only 7.48 million yuan, which was significantly lower than the income recognized in 2020 of 27.82 million yuan.
3、 Communication with accounting firms
The relevant data of the company's previous performance forecast in 2021 is the result of the preliminary communication between the company's financial department and the annual report accounting firm after preliminary calculation, but has not been audited by the accounting firm. The company has further communicated and confirmed with the accounting firm on matters related to the performance express and the amendment of the advance notice. Considering the current progress of the annual report, as of the disclosure date of this announcement, there is no significant difference between the company and the accounting firm in terms of performance in the reporting period.
4、 Description of the difference from the previous performance forecast
With the deepening of the audit work, there are some differences between the accounting judgment of some business activities of the company and the previous forecast. After communicating with the accounting firm, the company makes corrections to the performance of the reporting period. The specific reasons are as follows: in the performance forecast, the company expects to withdraw about 10 million goodwill impairment for the two subsidiaries of Shenzhen Shangding corporate image planning Co., Ltd. and Shenzhen mengwang video Co., Ltd. in 2021, Shenzhen Montnets Cloud Technology Group Co.Ltd(002123) Development Co., Ltd. (hereinafter referred to as "Shenzhen dreamnet") shows no sign of impairment. With the gradual deepening of the audit of the annual report, according to the actual operation and future operation forecast of the whole year of 2021 and the end of March 2022, after repeated communication and demonstration with the annual report accounting firm and the goodwill evaluation and testing company, the company's finance department plans to increase the business reputation impairment of Shenzhen mengwang by about 260.12 million yuan, resulting in a corresponding reduction in the expected net profit range attributable to the shareholders of the listed company in 2021.
The above conclusions are mainly based on: the gross profit margin of Shenzhen mengwang cloud SMS business in 2021 is affected by covid-19 epidemic, external market environment, continuous rise of supply prices of operators and other factors. In addition, the cloud SMS industry is highly competitive, and the gross profit margin is low. Although the business volume and revenue of cloud SMS in 2021 maintained a year-on-year increase, the total gross profit decreased due to the decline of gross profit margin. At the beginning of 2022, the company originally expected that the gross profit contribution of cloud SMS business was expected to gradually recover, but the supply prices of some operators still increased in the first quarter, and the epidemic broke out repeatedly all over the country, so that the cost side pressure could not be transmitted quickly, making the overall SMS gross profit margin continue to be low. Although the volume and revenue of cloud SMS business in the first quarter still maintained a year-on-year growth, the total gross profit still decreased year-on-year due to the decline of gross profit margin. In view of the fact that the gross profit margin of cloud SMS products may still be maintained in a low range in the future, the cloud SMS business of Shenzhen mengwang has shown signs of impairment. On the other hand, the new service 5g rich media message of Shenzhen mengwang has a rapid development trend. In 2021, the business volume of 5g rich media message increased to 300% in the same period of 2020, and the gross profit increased to 200% in the same period of 2020 after deducting a certain amount of customer trial cost; The business volume in the first quarter of 2022 increased by 159.92% year-on-year compared with the first quarter of 2021 and 28.72% month on month compared with the fourth quarter of 2021; In 2021, the revenue of 5g rich media news business accounted for 5.95% of the total revenue of Shenzhen mengwang, and the gross profit accounted for 19.87% of the total gross profit of Shenzhen mengwang; In the first quarter of 2022, it is estimated that the revenue of new business accounts for about 8.7% of the total revenue of Shenzhen mengwang, and the gross profit accounts for about 23% of the total gross profit of Shenzhen mengwang. The development trend of new business is good. The goodwill impairment assessment of Shenzhen mengwang needs to comprehensively consider the decline of the traditional old business cloud SMS business in 2021 and the impact of the rise of Fuxin's new business on the future performance, combined with the business operation and auditor's opinions in the first quarter of 2022. In view of the fact that the cloud SMS business still accounts for a large proportion in the overall business volume of Shenzhen mengwang, based on the principle of prudence, it is finally proposed to withdraw about 260.12 million yuan of goodwill impairment provision for Shenzhen mengwang.
5、 Board Apology Statement
As the company is in the stage of replacement and development of new and old businesses, the management of the company has certain technical difficulties in judging goodwill. The board of directors of the Company Apologizes for the inconvenience caused to the majority of investors by the correction of the performance forecast. The company will analyze the reasons for the correction of the performance forecast, and strengthen the communication with the audit institution in the future work to improve the accuracy of the performance forecast.
6、 Other instructions and risk tips
The 2021 annual performance express and performance correction are the preliminary calculation results of the company's financial department, the annual report accounting firm and the goodwill evaluation and testing institution. Finally, the amount of asset impairment accrued by the company will be determined according to the goodwill impairment test and evaluation report and the audit results of the audit institution. The specific financial data shall be subject to the 2021 annual report disclosed by the company, and the company will timely perform the obligation of information disclosure in accordance with relevant regulations.
Please make careful decisions and pay attention to investment risks.
7、 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 (Accounting Supervisor);
2. The internal audit report signed by the head of the internal audit department.
It is hereby announced.
Montnets Cloud Technology Group Co.Ltd(002123) board of directors
two thousand and twenty-two
