TCL 科技：2019年年度报告摘要（英文版）.PDFVIP

Achieve Global Leadership by Innovation and Efficiency Stock Code: 000100 Stock Name: TCL Tech. Announcement No. 2020-026 TCL 科技集团股份有限公司 TCL Technology Group Corporation ANNUAL REPORT 2019 (SUMMARY) 31 March 2020 1 Achieve Global Leaders hip by Innovation and Efficiency Achieve Global Leadership by Innovation and Efficiency Chairman’s Statement Dear shareholders, customers and partners, In 2019, as supply surged and growth of demand slowed down, the global semi-conductor display industry entered a cold winter with great earning pressure. To survive and also prepare for the growth of next cycle, became the top priority for every company. Under the severe and complicated business environment, the Company persues its global leadership steadily, completed the significant assets spin-off, and continuously improved the efficiency by organization reformation, so as to promote steady growth in all the businesses. Business Review for 2019 In 2019, on the reference basis (the consolidation scope after the Restructuring), the Company recorded revenue of RMB57.27 billion, up by 18.7% year -on-year; and a net profit of RMB3.56 billion, up by 0.53% yearly, of which the net profit attributable to the listed company’s shareholders was RMB2.62 billion, down by 17.0% yearly. The Company completes the significant assets spin-off, optimizes the capital structure and improves the operating efficiency. The net profit per capita increases to RMB74,000 from RMB38,600. And the debt/asset ratio decreases to 61.3% from 68.4% , while the net cash flow generated from operating activities amounted to RMB 11.49 billion, bot