In 2021, Youon Technology Co.Ltd(603776) revenue increased slightly by 0.04%, and net profit decreased by more than 90%!
2021 net profit decreased by more than 90%
On December 12, Youon Technology Co.Ltd(603776) disclosed that the annual report for 2021 showed that the operating revenue in 2021 was 873 million yuan, an increase of 0.04% year-on-year; The net profit attributable to the shareholders of the listed company was 438444 million yuan, a year-on-year decrease of 91.13%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 380202 million yuan, a year-on-year decrease of 69.28%.
By product, the sales revenue of Youon Technology Co.Ltd(603776) system was 81.344 million yuan, a year-on-year decrease of 13.48%; The revenue of system operation service business was 575 million yuan, a year-on-year decrease of 3.09%; The revenue from shared travel business was 173 million yuan, a year-on-year increase of 17.34%; The business income of smart life was 43.035 million yuan, a year-on-year increase of 14.40%; The sales and service revenue of hydrogen energy products was RMB 323000, with a year-on-year increase of 100.00%.
Youon Technology Co.Ltd(603776) explained that the net profit attributable to the shareholders of the listed company decreased by 91.13% over the previous year, mainly due to the decrease of new investment income to Hello Inc. in 2021, the change of exchange rate in 2021 and the adjustment of income tax rate in 2020; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses decreased by 69.28% compared with the previous year, mainly due to the recognition that the interest of convertible bonds and covid-19 epidemic continued to cause the platform income to fall short of expectations and the increase of operating costs.
proposed large cash dividend
On the same day (April 12), Youon Technology Co.Ltd(603776) disclosed that the profit distribution plan for 2021 said that the company planned to distribute cash dividends of RMB 1 (including tax) to all shareholders for every 10 shares based on the total share capital registered on the date of equity distribution in 2021 minus the number of shares in the company’s special repurchase account. As of March 31, 2022, the total share capital of the company was 233 million shares. After deducting 2.75 million shares held in the special securities repurchase account on the same day, the total cash dividend to be distributed was 230676 million yuan (including tax).
Youon Technology Co.Ltd(603776) also said that in 2021, the Company repurchased 2.75 million shares through centralized bidding trading through the special securities account for repurchase, and the total transaction amount was 499521 million yuan (excluding transaction expenses), which was regarded as the amount of cash dividend and included in the relevant proportion of cash dividend in 2021.
To sum up, cash dividends in 2021 accounted for 166.54% of the net profit attributable to shareholders of listed companies this year.
Youon Technology Co.Ltd(603776) said that this profit distribution plan combines the company’s operating business, future development capital demand and other factors, and will not have a significant impact on the company’s operating cash flow, nor will it affect the company’s normal operation and long-term development.
the amount involved in litigation in recent 12 months is 399418 million
In addition, Youon Technology Co.Ltd(603776) also issued the announcement on cumulative litigation (Arbitration), which mentioned that as of the disclosure date of this announcement, the cumulative amount involved in litigation (Arbitration) matters of the company and its subsidiaries in recent 12 months was 399418 million yuan (excluding delayed interest, liquidated damages, litigation costs, etc.), of which the amount involved in litigation (Arbitration) matters of the company as the plaintiff was 319614 million yuan, The amount of litigation (Arbitration) matters involving the company as the defendant is RMB 7.9804 million.
Youon Technology Co.Ltd(603776) said that since some litigation cases have not been heard and some cases have not been executed, the company is unable to judge the impact on the company’s current or future profits.
According to Youon Technology Co.Ltd(603776) official website, Youon Technology Co.Ltd(603776) is a shared life technology service provider, mainly focusing on smart transportation and smart life. The company’s main travel products include public bicycles, pile assisted bicycles (lithium and hydrogen energy), shared cars and other businesses.
According to the data, as of the closing on April 12, Youon Technology Co.Ltd(603776) rose 1.27% to 14.40 yuan. However, in 2022, the Youon Technology Co.Ltd(603776) share price showed a downward trend as a whole, with a cumulative decline of 30.54% during the year!
