Securities code: Shenzhen Coship Electronics Co.Ltd(002052) securities abbreviation: St Coship Announcement No.: 2022019 Shenzhen Coship Electronics Co.Ltd(002052) 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. All directors of the company personally attended the meeting of the board of directors to consider this annual report. Tips on non-standard audit opinions √ applicable □ not applicable Dahua Certified Public Accountants (special general partnership) has issued an unqualified audit report with significant uncertainties and highlights of continuous operation for the company. The board of directors, board of supervisors and independent directors of the company have made detailed explanations on relevant matters, which should be read by investors. The profit distribution plan of common stock or the plan of converting accumulation fund into share capital in the reporting period reviewed by the board of directors □ applicable √ not applicable. The company plans not to distribute cash dividends, bonus shares or convert accumulation fund into 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 st TongZhou stock code Shenzhen Coship Electronics Co.Ltd(002052)
Shenzhen Stock Exchange
Stock abbreviation before change (if any) ST Coship
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Liu Daoyu, Xie Zhisheng
Office address: 2701, building 1, Xunmei science and Technology Plaza, No. 8, Keyuan Road, science and Technology Park community, Yuehai street, Nanshan District, Shenzhen 2701, building 1, Xunmei science and Technology Plaza, No. 8, Yuehai street, Nanshan District, Shenzhen
Fax: 075526722666
Tel: 0755269960 Shanxi Road&Bridge Co.Ltd(000755) 26999288
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
The company's main business is the R & D, manufacturing, service and sales of radio and television full service integration cloud platform, digital TV middleware, smart TV operating system tvos, smart digital terminal, smart gateway, digital TV front-end equipment, as well as the development, integration and operation of value-added services related to smart home. It is mainly for radio and television operators, telecom operators and global overseas operator markets. With the integration of network access, interconnection, IOT, AI, PVR, 4K, sound, projection, intelligent voice, conference and other functions, smart home ecological products and systems are increasingly developing towards intelligence, platform, systematization, ecology, interaction and diversification. The company has launched a new generation of full-service integrated cloud platform, Internet of things solutions, bright engineering solutions and a new generation of intelligent gateway products to meet the needs of intelligent upgrading of some families and promote operators to advance to intelligent and IOT.
After years of rapid development, the company has become a service provider in the industry that can provide operators with mature smart home overall solutions. Its products are complete and technologically advanced. Its front-end products include full-service integrated cloud platform, big data platform, interactive live broadcasting platform, Moui management system, deep EPG system, business mixing system, message engine system, intelligent advertising system, full-service monitoring platform Terminal network management system, smart community solution, Internet of things solution and Xueliang engineering solution; The terminal software includes digital TV middleware and intelligent TV operating system tvos; Hardware products include a new generation of intelligent gateway, intelligent digital set-top box, broadband network access equipment, IPTV Terminal, Ott terminal and digital front-end equipment.
The company has newly expanded the production and sales business of lithium-ion batteries and battery packs. Conduct market research and establish marketing database to obtain more high-quality customer resources, pay attention to the pre-sale, in-sale and after-sales services of products, and improve the service quality; Strictly select raw material suppliers, establish qualified supplier files and material purchase files, control the quality of incoming materials, control the cost, and reasonably plan the purchase of materials; Strengthen R & D and production management, technically overcome product defects and improve product yield.
The company's main business model:
1. R & D mode
The company's product R & D mainly focuses on order product design and development and new product development.
(1) Order product design and development
For the design and development of order products, the customer first puts forward the technical requirements, and then the company arranges technicians to communicate with the customer and fully understand the customer's technical needs. The company's managers evaluate the feasibility of the R & D project. For the projects that pass the evaluation, the company signs relevant contracts with the customer and designs the products according to the customer's requirements.
(2) New product development
New product development includes the development of new products with sales contracts signed with customers and the development of the company's strategic products. For new product development, the R & D center and the marketing department shall jointly analyze the product R & D direction according to the annual strategic objectives or customer contract requirements. After clarifying the requirements of new R & D products, the R & D center shall organize and establish a special project team to submit the R & D feasibility, R & D cycle and cost of the new project to the head and President of relevant R & D institutions in the form of project analysis report for approval, The approved R & D projects are developed as new products. Among them, the project team is composed of R & D personnel, sales personnel, supply chain personnel and financial personnel. By working in parallel, it can effectively improve the success rate of R & D, shorten the development cycle and reduce the development cost.
2. Sales model
The sales mode in China is mainly direct sales, supplemented by commission sales. Direct selling products generally establish a supply relationship with customers through bidding and trade according to the contract. Intelligent digital terminals are mainly sold directly to operators; The front-end system platform and solutions are mainly direct sales, which are directly sold to operators.
Foreign sales are mainly direct sales, which are directly sold to operators in many countries around the world.
3. Production mode
The company implements the production mode of "production based on sales", and the operation department formulates the production plan according to the product orders received by the sales department and in combination with the product inventory and workshop production capacity; The production department shall formulate the corresponding subdivision plan according to the production plan, organize and arrange the production, and check the implementation of the plan; The quality department is responsible for the supervision and inspection of various key quality control points in the production process, as well as the quality inspection and production quality evaluation of raw materials, auxiliary materials, packaging materials, semi-finished products and finished products.
4. Procurement mode
The company adopts the procurement mode of material classification. According to the availability, value, competitive environment and market supply and demand situation of the purchased raw materials, the company is divided into key materials, bottleneck materials, lever materials and conventional materials, and formulates different procurement business processes and management strategies according to the characteristics of each type. For the procurement of key materials or bottleneck materials, the company generally signs strategic cooperation agreements with suppliers to ensure that suppliers provide long-term support for the company's business development; For the procurement of leveraged materials or conventional general materials, the company determines the access standards of such material manufacturers according to its own business needs, and determines the supplier, purchase price and purchase quantity of the subject materials through bidding price comparison, reverse auction and other means in combination with the company's purchase quota strategy. In terms of procurement management, the company has formulated detailed and perfect procurement business processes according to the actual situation and industry characteristics, including procurement strategy formulation process, supplier certification process, supplier selection process, procurement price inquiry and comparison process, prediction and material preparation process, procurement execution process, procurement payment approval process, supplier performance evaluation process, etc. In addition, the company also has an inspection department to supervise whether the procurement is implemented in accordance with relevant regulations, ensure that the procurement business maintains a sound operation, and provide necessary guarantee for the company's business development and production and operation.
The company's main performance comes from the sales of intelligent digital terminal products outside China and the sales and services of all kinds of operators' full-service integrated cloud platforms. 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 4857365162569338554302 - 29.95% 95413563247
Net assets attributable to shareholders of listed companies 405 Changchun Gas Co.Ltd(600333) 723110798715 - 82.45% 37796605801
20212020 year-on-year increase or decrease 2019
Operating income 139244438792884 Espressif Systems (Shanghai) Co.Ltd(688018) 8 - 51.73% 78227598627
Net profit attributable to shareholders of the listed company -18572118421 -15375896937 -20.79% - 20319901124
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of -15198872264 -14939621358 -1.74% - 19577994494
Net cash flow from operating activities -3486469586 -690361719 -405.02% - 4173619520
Basic earnings per share (yuan / share) -0.2490 -0.2061 -20.82% - 0.2724
Diluted earnings per share (yuan / share) -0.2490 -0.2061 -20.82% - 0.2724
Weighted average return on net assets -134.91% - 50.49% - 84.42% - 41.98%
(2) Main accounting data by quarter
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 3640094408361133068537784734062894545380
Net profit attributable to shareholders of listed company -1604699872 -993225500 -3144706932 -12829486117
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of -1727985053 -1347077241 -3099678959 -9024131011
Net cash flow from operating activities -544441900 -984677213 -278546516 -1678803957
Whether the above financial indicators or their total amount are significantly different from the financial indicators related to the quarterly report and semi annual report disclosed by the company □ yes √ No 4. Share capital and shareholders (1) ordinary shareholders and voting rights
