Securities code: Tcl Technology Group Corporation(000100) securities abbreviation: TCL technology Announcement No.: 2022030 summary of annual report of TCL Technology Group Corporation in 2021
April 27, 2022
Uphill refueling, dare to fight and win, and then go to a new level
Speech by the chairman of 2021 Annual Report
In 2021, the group achieved an operating revenue of 163.54 billion yuan, a year-on-year increase of 113.3%; The net profit was 14.96 billion yuan, a year-on-year increase of 195.3%; The net profit attributable to shareholders of listed companies was 10.06 billion yuan, a year-on-year increase of 129.2%; The cash flow from operating activities was 32.9 billion yuan, a year-on-year increase of 97%; The asset liability ratio was 61.2%, down 3.8 percentage points, the financial situation was stable, various business indicators were significantly improved, the relative competitive advantage was significantly enhanced, and the development reached a new level.
Excellent business performance comes from the continuous transformation of enterprises, focusing on the main business, enhancing relative competitiveness and promoting the accelerated development of core industries. TCL Huaxing's annual operating revenue was 88.1 billion yuan, a year-on-year increase of 88.4%; The net profit was 10.65 billion yuan, a year-on-year increase of 339.6%. TCL Central's annual operating revenue was 41.1 billion yuan, a year-on-year increase of 115.7%, and its net profit was 4.44 billion yuan, a year-on-year increase of 200.6%. Other businesses of the group also maintained stable growth.
The group's development strategy focuses on the field of Pan semiconductor industry, aiming at global leadership or industry leadership, continuously enhance core competence and steadily promote the development of various businesses. TCL Huaxing will consolidate the competitiveness of large-scale LCD industry, maintain efficiency advantage, optimize production line and product structure, and accelerate the construction of medium-sized T9 projects. TCL Huaxing has established a relative competitive advantage in LTPS business and is investing in expanding LTPS production capacity (Wuhan T5 project); We will make every effort to enhance the competitiveness of T4 OLED production line, strive to develop the next generation of new display technology, and strive to become the most competitive enterprise in the field of semiconductor display.
TCL central new energy photovoltaic business has established industry-leading competitiveness in the field of crystals and chips. With the production of Yinchuan crystal factory, it will further enhance its competitive advantage. The company will improve the industrial chain layout, actively expand global business, and strive to become a leader in the global photovoltaic new energy industry.
Central's leading semiconductor materials business has made considerable progress. While consolidating the competitive advantage of the original products, it has rapidly improved the competitiveness of 12 inch products and strive to become a leader in China's industry.
The group will firmly promote the development strategy of Pan semiconductor industry and actively empower and support the development of various industries.
Looking forward to 2022, the international situation will be turbulent and risk events will continue to occur, which will have a great impact on the global economy. Enterprises should have bottom line thinking and be prepared for various risks.
Since September last year, semiconductor display has entered a downward cycle. Affected by the economic slowdown and weak market demand, the current situation is still not optimistic, and TCL Huaxing's performance is under pressure; Maojia technology, which was acquired by the group last year, is expected to maintain stable business growth this year and bring profit contribution, which will play a positive role in the semiconductor display business. Benefiting from the global energy conservation and carbon reduction policy, new energy photovoltaic ushers in a historic opportunity, and TCL central new energy photovoltaic business will accelerate its development; Central's leading semiconductor materials business should seize the opportunity of the development of China's integrated circuit industry. It is expected that TCL's central business will continue to grow strongly this year.
Facing the uncertain risks of the global economy, the group will firmly promote the global leading development strategy, consolidate the basic capacity, actively expand the global operation, carefully evaluate the project investment and manage the operation risks, maintain financial stability and achieve adverse development. The company has always attached importance to the return of shareholders. The board of Directors proposes to pay a dividend of 1.5 yuan for every 10 shares to share the growth of enterprise value with shareholders. Thank you for your trust! Thank all partners and users for their support! Thank all the staff for their efforts!
April 27, 2022 I. important tips
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 attended the meeting of the board of directors to consider the annual report. 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 profit distribution plan approved by the board of directors is: Based on 13666683905 shares of capital stock that can participate in profit distribution on April 27, 2022 (total capital stock 14030642421 shares minus 363958516 shares that do not participate in profit distribution in the company's repurchase special securities account), the company plans to distribute cash dividends of 1.5 yuan (including tax) to all shareholders for every 10 shares, with a total profit of 2050 Jiangsu Shuangxing Color Plastic New Materials Co.Ltd(002585) 75 yuan, The remaining undistributed profit is 597132676825 yuan, which is carried forward to be distributed in subsequent years. Before the implementation of the distribution plan, if the total share capital of the company changes due to the conversion of convertible bonds into shares, share repurchase, equity incentive exercise, refinancing and listing of new shares, it shall be adjusted accordingly according to the principle of "the distribution proportion remains unchanged and the total amount of distribution shall be adjusted", and the specific amount shall be subject to the actual distribution. 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: TCL Technology Stock Code: Tcl Technology Group Corporation(000100)
Shenzhen Stock Exchange
Contact person and contact information: Secretary of the board of directors
Name: Liao Qian
Office address: 10 / F, building G1, international e city, TCL Science Park, No. 1001, Nanshan District, Shenzhen, Guangdong
Tel: 07553331 1666
E-mail [email protected].
2. Introduction to main business or products during the reporting period
The company's main business structure is semiconductor display business, new energy photovoltaic and semiconductor materials business, industrial finance and other businesses.
The company will continue to optimize its business structure, further focus its resources on the development of its main business, and achieve the global leading strategic goal of two core industries: semiconductor display, new energy photovoltaic and semiconductor materials.
For a detailed discussion on the company's business, please refer to section III "management discussion and analysis" of this report. 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
20212020 year-on-year increase or decrease 2019
Operating income (yuan): 16354055962376677238079113.28% 74933085688
Net profit attributable to shareholders of listed company (yuan): 100574435284388159018129.20% 2617766571
Net profit attributable to shareholders of listed companies after deducting non recurring 94372409762933248153221.73% 235119321 profit and loss (yuan)
Net cash flow from operating activities (yuan): 328784504371669828277596.90% 11490096405
Basic earnings per share (yuan / share) 0.7463 0.3366121.72% 0.1986
Diluted earnings per share (yuan / share) 0.7354 0.3226127.96% 0.1935
The weighted average return on net assets was 26.46% and 13.75%, with a year-on-year increase of 12.71 percentage points and 9.09%
Increase and decrease at the end of last year at the end of the reporting period
Total assets (yuan): 3087331333052579082788719.71% 16484884926
Net assets attributable to shareholders of listed companies (yuan): 430342346113410779545426.17% 30111946237
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 32143561563421550851954662988843242612024433
Net profit attributable to shareholders of listed companies 240372993543801548722318085363955473358
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses 212305604133747619063060177204879245825
Net cash flow from operating activities 80032019795892512178100639949048918741376
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) number of ordinary shareholders and preferred shareholders with voting rights restored and shareholding of the top 10 shareholders
Unit: shares
At the end of the reporting period, Pu 799609 annual report disclosure date 773077 voting rights at the end of the reporting period 0 annual report disclosure date 0 general shareholders' voting rights at the end of the previous month before the general resumption of preferred shares at the end of the previous month
Number of shareholders total number of preferred shares with rights restored
Total number of shareholders
Shareholding of top 10 shareholders
Pledge, marking or freezing
Shareholder name shareholder nature shareholding proportion (%) Shareholding quantity holding Limited sales
