Securities code: Wuxi Apptec Co.Ltd(603259) securities abbreviation: Wuxi Apptec Co.Ltd(603259) Announcement No.: pro 2022036 Wuxi Apptec Co.Ltd(603259)
Announcement of performance increase in the first quarter of 2022
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
1. Wuxi Apptec Co.Ltd(603259) (hereinafter referred to as “the company” or “the company”) is expected to realize an operating revenue of about RMB 84744193 million in the first quarter of 2022, an increase of about 71.18% year-on-year compared with RMB 49504796 million in the same period of 2021 (hereinafter referred to as “the same period of last year”). 2. The company expects the net profit attributable to the shareholders of the company in the first quarter of 2022 to be about RMB 1642947300, an increase of about 9.54% year-on-year compared with RMB 1499805400 in the same period of last year; The basic earnings per share in this period is expected to be about 0.56 yuan, an increase of about 7.69% year-on-year compared with 0.52 yuan in the same period of last year. The growth of net profit and basic earnings per share attributable to the shareholders of the company in the current period is mainly affected by the changes in the fair value of the subject matter invested by the company and the investment income (it is estimated that the net loss in the current period is about RMB 178918 million and the net income in the same period of last year is RMB 10625342 million).
3. The company expects the net profit attributable to the shareholders of the company after deducting non recurring profits and losses in the first quarter of 2022 to be about RMB 1714144900, an increase of about 106.52% year-on-year compared with RMB 83 Anhui Huamao Textile Company Limited(000850) 0 in the same period of last year.
4. The company expects that the adjusted net profit attributable to shareholders of listed companies under non IFRS in the first quarter of 2022 will be about RMB 2052645400, an increase of about 85.82% year-on-year compared with RMB 1104668000 in the same period of last year.
1、 Performance forecast of the current period
(I) performance forecast period
January 1, 2022 to March 31, 2022.
(II) performance forecast
1. According to the preliminary calculation of the financial department of the company, the operating revenue in the first quarter of 2022 is expected to be about 84744193 million yuan, an increase of about 71.18% year-on-year compared with 49504796 million yuan in the same period of last year. 2. The company expects that the net profit attributable to the shareholders of the company in the first quarter of 2022 will be about RMB 1642947300, an increase of about 9.54% year-on-year compared with RMB 1499805400 in the same period of last year; The basic earnings per share in this period is expected to be about 0.56 yuan, an increase of about 7.69% year-on-year compared with 0.52 yuan in the same period of last year. The growth of net profit and basic earnings per share attributable to the shareholders of the company in the current period is mainly affected by the changes in the fair value of the subject matter invested by the company and the investment income (it is estimated that the net loss in the current period is about RMB 178918 million and the net income in the same period of last year is RMB 10625342 million).
3. The company expects that the net profit attributable to the shareholders of the company after deducting non recurring profits and losses in the first quarter of 2022 will be about RMB 1714144900, an increase of about 106.52% year-on-year compared with RMB 83 Anhui Huamao Textile Company Limited(000850) 0 in the same period of last year.
4. The company expects that the adjusted net profit attributable to shareholders of listed companies under non IFRS in the first quarter of 2022 will be about RMB 2052645400, an increase of about 85.82% year-on-year compared with RMB 1104668000 in the same period of last year.
(III) the expected performance has not been audited by certified public accountants.
2、 Performance in the same period of last year
(I) operating income: RMB 4950479600. Net profit attributable to shareholders of the company: RMB 1499805400. Net profit attributable to shareholders of the company after deducting non recurring profits and losses: RMB 83 Anhui Huamao Textile Company Limited(000850) 0.
(II) earnings per share (basic): RMB 0.62. (if the number of share capital on March 31, 2021 is adjusted and calculated according to the company’s 2020 profit distribution and capital reserve into share capital scheme implemented in 2021, that is, 2 shares are added for every 10 shares, the basic earnings per share is RMB 0.52.)
3、 Main reasons for performance increase in the current period
1. The company expects to achieve a year-on-year increase of about 71.18% in operating revenue in the first quarter of 2022, exceeding the 65% to 68% expected revenue growth rate in the first quarter previously announced by the company (see Announcement No.: pro 2022016 for details). The operating income of the company is calculated with a constant exchange rate after deducting the impact of exchange rate, which is expected to increase by about 78.47% over the same period of last year. Under the influence of the continuous and repeated epidemic, the company launched the business continuity plan in time to ensure the continuous stability of production and operation, so as to meet the needs of timely delivery of customers’ orders, continuously empower global customers and benefit global patients.
2. The company expects to achieve a year-on-year increase of about 9.54% in net profit attributable to the company’s shareholders and a year-on-year increase of about 7.69% in basic earnings per share in the first quarter of 2022, which is mainly affected by the changes in fair value and investment income of the company’s investment objects. In the first quarter of 2022, it is expected to generate a net loss of about RMB 178918 million, and the amount affected in the same period last year is RMB 10625342 million, Compared with the same period last year, the total profit of the company is expected to decrease by about 1241452200 yuan.
3. The company expects to achieve a year-on-year increase of about 106.52% in the net profit excluding non recurring profits and losses attributable to the company’s shareholders in the first quarter of 2022. The impact of non recurring profit and loss items on the total profit of the company in the first quarter of 2022 decreased compared with the same period of the previous year, mainly due to the impact of changes in fair value and investment income of the investment objects of the above companies. On the other hand, the change in non cash book fair value of the derivative financial instruments of H-share convertible bonds of the company is expected to be about 827947 million yuan of net income in the current period, The net loss in the same period last year was 451090800 yuan, and the loss from changes in fair value is expected to decrease by about 533885500 yuan compared with the same period last year.
4. The company expects to achieve a year-on-year increase of about 85.82% in the adjusted net profit attributable to shareholders of listed companies under non IFRS in the first quarter of 2022. By continuously optimizing the operating efficiency, the company has continuously improved the capacity utilization and further revealed the scale effect. In the first quarter of 2022, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses and the adjusted net profit attributable to shareholders of listed companies not under IFRS significantly exceeded the growth rate of revenue. The company believes that the adjusted financial indicators are helpful to understand and evaluate the business performance and business trend of the company.
4、 Risk tips
The company has no major uncertainties that may affect the accuracy of the performance forecast.
5、 Other explanatory matters
The board of directors of the company hereby reminds the majority of investors that the above performance forecast of the company in the first quarter of 2022 is only the preliminary accounting data of the company, and the specific and accurate financial data shall be subject to the report of the first quarter of 2022 officially disclosed by the company. Please pay attention to the investment risk.
It is hereby announced.
Wuxi Apptec Co.Ltd(603259) board of directors April 11, 2022
