Securities code: 688023 securities abbreviation: Dbappsecurity Co.Ltd(688023) Announcement No.: 2022-001 Dbappsecurity Co.Ltd(688023)
Annual performance forecast for 2021
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 legal liabilities for the authenticity, accuracy and integrity of its contents according to law.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the financial department, it is estimated that Dbappsecurity Co.Ltd(688023) (hereinafter referred to as ” Dbappsecurity Co.Ltd(688023) ” or “the company”) will realize an operating revenue of 1812472600 yuan to 183893200 yuan in 2021, an increase of 48949900 yuan to 515959300 yuan compared with the previous year, a year-on-year increase of 37.00% to 39.00%.
2. It is estimated that the net profit attributable to the owners of the parent company will be RMB 10 million to RMB 15 million in 2021, a decrease of RMB 119.1155 million to RMB 124.1155 million compared with the previous year, a year-on-year decrease of 88.82% to 92.54%.
3. It is estimated that in 2021, the net profit attributable to the owner of the parent company after deducting non recurring profits and losses will be RMB -79 million to -74 million, a decrease of 194.757 million to 199.757 million compared with the previous year, a year-on-year decrease of 161.28% to 165.42%.
(III) this performance forecast has not been audited by certified public accountants.
2、 Performance in the same period of last year
Operating income in 2020: 1322972700 yuan; Net profit attributable to the owner of the parent company: 134115500 yuan; Net profit attributable to the owner of the parent company after deducting non recurring profits and losses: 120.757 million yuan.
3、 Main reasons for performance changes in the current period
(I) main reasons for changes in main business income
During the reporting period, the company continued to strengthen market development, deepen the product and service structure, continuously improve the competitiveness in the fields of cloud security, big data security, Internet of things security, industrial Internet, smart city security and security services, maintain rapid growth in business scale, achieve rapid growth in annual operating revenue, and steadily improve the gross profit margin compared with the first three quarters.
In terms of products, the revenue scale of the company’s cloud security platform and big data security platform continues to grow. Although the revenue proportion of new products such as data security and Xinchuang cloud security is not high, it shows a high-speed growth trend; In terms of services, the revenue of security services increased rapidly, and the scale of SaaS increased steadily; In terms of industry customers, in addition to traditional advantageous industries, the company’s market share in finance, operators, medical treatment, education and enterprises shows a further upward trend.
(II) main reasons for changes in net profit
1. With the successive introduction of relevant laws and regulations such as the data security law, the personal information protection law and the increasingly severe situation of network related crimes, in order to meet the huge demand generated by laws and regulations and the needs of the company’s long-term development, while continuously improving the market competitiveness of track products such as cloud security, big data security and security services, the company also accelerated the increase of data security Investment in market promotion, technology research and development, management optimization and other strategic new directions such as network related crime, information innovation products, new generation intelligent gateway products and Internet of vehicles security. Developing new products requires a large number of technical R & D personnel, and has high requirements for the ability of R & D personnel. Therefore, during the reporting period, the company’s R & D expenses and sales expenses totaled about 1168-1198 million yuan, an increase of about 55.52% – 59.51% over the same period of last year. In 2021, the new strategic direction of the company is in the investment stage, and the relevant investment benefits have not been reflected in the current period. With the continuous maturity of new product technology and the gradual formation of scale effect, the new direction will continue to create new profit growth points for the company.
(1) In terms of data security, the company continued to promote the data security technical framework “Cape”, developed more than ten data security series products represented by aiguard data security management platform, further studied MPC, tee, federal learning and other technologies, and improved the technical capability and scenario applicability of data safety island products as a whole.
(2) In terms of network related crimes, the company mainly increased investment in the construction of new network crime intelligence and the support capacity of new network crime investigation and strike, and realized the monitoring, early warning, prevention and strike support capacity of various network gray and black products, including anti telecom network fraud.
(3) The company continued to increase the research and development of Xinchuang products and achieved remarkable results, with the rapid expansion of market share. The company has launched a multi cloud and multi-core integrated multi-element management security operation platform, which has been implemented at the provincial and municipal levels such as Shanxi, Guangxi and Hangzhou; Situational awareness products are fully compatible with Kunpeng, Haiguang and Feiteng specifications, and continue to implement projects in the public security, online information and financial industries.
(4) The company’s new generation of intelligent gateway products have made continuous breakthroughs, and completed a significant breakthrough and improvement in basic capabilities such as basic forwarding surface performance, multi platform environment adaptation, encrypted traffic identification and security detection capability, with a single machine performance of up to 230gbps.
(5) In the field of Internet of vehicles security, the company mainly increased investment in the research capacity of Internet of vehicles security testing, interpretation of safety regulations and standards, safety testing, safety protection products, safety laboratory construction, etc. It realizes the construction of safety test standard system based on the requirements of safety regulations and standards, and the development and application of safety test products and protection products.
2. In order to attract talents, the company has implemented equity incentive plans for 2020 and 2021. As the share based payment expenses are recognized by stages according to the ownership proportion during the implementation of the incentive plan, the impact on the accounting cost of each period is different. During the reporting period, the company’s share based payment expenses increased significantly compared with the same period of last year, and the amount of share based payment during the reporting period was about 91 million yuan.
3. The impact of non recurring profits and losses on the company’s net profit in the reporting period was about 89 million yuan, mainly due to the company’s acquisition of equity of the joint-stock company, which became the holding subsidiary of the company, and the investment income brought to the company by the business merger not under the same control. For details, see ( Dbappsecurity Co.Ltd(688023) announcement on acquisition of assets (Announcement No.: 2021-013))
4、 Risk tips
The performance forecast is the preliminary accounting conducted by the company’s financial department based on its own professional judgment, which has not been audited by certified public accountants. The company has not found any major uncertain factors affecting the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Dbappsecurity Co.Ltd(688023) board of directors January 17, 2022
