Beijing News Shell Financial News (reporter Chen Weicheng) On the evening of October 26, TCL Technology released the third quarter report of 2021, showing that the company achieved operating income of 120.929 billion yuan in the first three quarters, an increase of 148.26% year-on-year; net profit attributable to shareholders of listed companies was 9.102 billion yuan, an increase of 349.44% year-on-year.
Among them, TCL Technology's revenue in the third quarter of this year was 46.630 billion yuan, an increase of 140.65% year-on-year, and the net profit attributable to shareholders of listed companies was 2.318 billion yuan, an increase of 183.69% year-on-year. As of the close of trading on October 26, TCL Technology closed at 6.30 yuan / share, up 1.29%.
In the first three quarters of this year, the semiconductor display industry boom was higher than that of the same period last year. In the first half of the year, the supply and demand relationship and the shortage of upstream materials continued to rise in the prices of major products; in the third quarter, due to the impact of maritime logistics and the disturbance of market demand in some parts of the world, prices showed a high correction.
TCL Huaxing's production capacity continued to grow and its profitability improved, achieving sales area of 28.48 million square meters in the first three quarters, an increase of 31.3% year-on-year. The semiconductor display business achieved operating income of 66.56 billion yuan, an increase of 106% year-on-year, and a net profit of 9.74 billion yuan; an increase of 16.2 times year-on-year. Among them, the net profit in the third quarter was 3.13 billion yuan, an increase of 347% year-on-year.
In the first three quarters of this year, although affected by the rising cost of raw materials and the dual control of energy consumption, the production cost pressure of semiconductor photovoltaic multi-manufacturing links increased, but the global energy consumption grew rapidly, the energy structure transformation trend, and the photovoltaic industry entered a long-term high-speed development stage.
In the field of semiconductor materials, the global lack of cores continues, the tight supply of semiconductor materials has not eased, and the industry boom is high. In the first three quarters, Zhonghuan Semiconductor's photovoltaic and semiconductor materials business achieved operating income of 29.09 billion yuan, an increase of 117% year-on-year, and net profit of 3.28 billion yuan, an increase of 190% year-on-year.
TCL Technology said that due to the one-time financial impact of the disposal of Fantasia Real Estate equity, the performance of the company's investment business segment in the third quarter fell sharply year-on-year. The fund managed by TCL Venture Capital is about 9.2 billion yuan, with a total investment of 118 projects, and currently holds shares of listed companies such as CATL, Dike shares, and Cambrian.
On the day of the release of the financial report, TCL held a new book tasting meeting of "All Things Are Born - TCL Dares to Be 40 Years". In the discussion session of "The Road to Chinese Manufacturing under the Global Change", Li Dongsheng, founder and chairman of TCL, said that under the change, China's manufacturing industry must change itself to adapt to change. Taking TCL as an example, in the past decade or so, TCL has been working hard to deepen the industrial chain supply chain into the world, and the global layout can minimize the impact of trade protectionism.
TCL is one of the earliest enterprises in China to "go global", with business all over the world. Previously, Li Dongsheng summarized the specific tactics to deal with anti-globalization: First, adhere to the North American market. The second is to adjust the layout of overseas industrial chains and diversify business risks by expanding the Vietnam plant and building a new second plant in Mexico. The third is to take root in the local area, local research and development, production, sales and service.
Beijing News shell financial reporter Chen Weicheng Editor Sun Wenxuan Proofreader Xue Jingning
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