At present, TCL (Group) has formed three industrial clusters, namely, intelligent terminal, semiconductor display, semiconductor photovoltaic and semiconductor materials, as well as the strategic layout of industrial finance and capital platform, which has laid a solid foundation for realizing the global leading strategy.
"2020 is the first year for TCL to implement the global leading strategy, and it is also a strategic turning point in the history of TCL development." Li Dongsheng, the founder and chairman of TCL, said in the chairman's speech in 2020, "Look for opportunities in times of crisis, expand against the trend, make positive progress, and the competitiveness of enterprises will reach a new level."
TCL Technology: Endogenous growth is superimposed on extension M&A, and the profit is greatly increased by contrarian expansion.
TCL technology (000 100. SZ) focuses on the upstream core links of high-tech industries such as semiconductor display, semiconductor photovoltaic and semiconductor materials. With the introduction of a series of industrial policies to encourage the development of science and technology and high-end manufacturing, the semiconductor display, semiconductor and new energy industries where TCL Technology is located have ushered in golden opportunities for development.
According to the 2020 annual report of TCL Technology, the revenue of TCL Technology will reach 76.68 billion yuan in 2020, a year-on-year increase of 33.9%. Realized a net profit of 5.07 billion yuan, a year-on-year increase of 42.1%; The net profit attributable to shareholders of listed companies reached 4.39 billion yuan, a year-on-year increase of 67.6%.
In 2020, the semiconductor display industry recovered, and the panel started the price increase cycle. TCL Huaxing has demonstrated the industry-leading cycle toughness and anti-risk ability at the bottom of the cycle through its ultimate management ability and industrial synergy advantages, and its scale, share and benefit have all increased against the trend. In 2020, TCL Huaxing achieved a product sales area of 29.097 million square meters, a year-on-year increase of 365.438+0.2%, an operating income of 46.77 billion yuan, a year-on-year increase of 37.6%, and a net profit of 2.42 billion yuan, a year-on-year increase of 65.438+0. 1%.
The market position of TCL Huaxing's main products has been further improved. In the field of large size, the market share of TV panels has risen to the second place in the world, with 55-inch products ranking first in the world, 32-inch products ranking second in the world, and 65-inch and 75-inch products ranking second in the world. In the field of commercial display, interactive whiteboard shipments rank first in the world; In the field of small size, the shipment of LTPS mobile phone panels ranks third in the world, and flexible organic light-emitting diode folding screens and hyperboloid screens have been delivered by brand manufacturers and have been pushed to first-line brand customers around the world; The medium-sized business optimizes the product and customer structure, and introduces a number of brand customers of high-end notebook computers, flat panels and car monitors. The business has made a rapid breakthrough, and the shipment of LTPS notebook computer panels ranks second in the world.
During the historical downturn of semiconductor display industry, TCL Huaxing expanded countercyclically, acquired Samsung Display Suzhou Factory, repurchased 39.95% minority shareholders' rights and interests in t3 Factory, and strategically invested in JOLED in Japan, which accelerated the industrialization process of printing display technology and realized the continuous expansion of its scale. 202 1, mass production of t7 production line climbed, and the second and third phases of t4 production line were completed. The acquisition of Suzhou Samsung factory was completed and delivered. The scale of TCL Huaxing will increase by more than 50%, and its comprehensive competitiveness in the world will continue to improve.
While the semiconductor display industry is gradually leading the world, in 2020, TCL Technology delisted and acquired Zhonghuan Group, and entered the semiconductor photovoltaic and semiconductor materials industries around the "high-tech, asset-based and long-term" industries, creating the second track of sustained growth of enterprises. In 2020, Zhonghuan Semiconductor continued to push forward the goal of leading the photovoltaic industry in the world and leading the semiconductor silicon wafer industry in China, achieving a total operating income of 654.38+0.906 billion yuan, a year-on-year increase of 654.38+02.8%, and a net profit of 654.38+0.48 billion yuan, a year-on-year increase of 654.38+07.0%. TCL Technology has included it in the scope of consolidated statements in the fourth quarter of 2020.
At the same time, TCL industrial finance, capital and investment platform continuously supports industrial development and creates stable growth of business income through efficient fund management and financing capabilities.
TCL industry: In adversity, revenue and profit have achieved double-digit growth, and the global layout has achieved remarkable results.
TCL Industry is committed to becoming the world's leading intelligent technology company, covering smart terminal services such as smart screen, smart mobile and interconnected devices, smart home appliances, health home appliances and Internet operation services, as well as emerging businesses such as intelligent manufacturing, environmental protection and industrial park operation.
In 2020, TCL industry grew against the trend under the impact of the epidemic, and its annual operating income was 8910.90 billion yuan, up by1/0.4% year-on-year. The net profit was 2.42 billion yuan, a year-on-year increase of 65,438+04.2%; The net profit attributable to owners and shareholders of the parent company was 65.438+0.22 billion yuan, a year-on-year increase of 654.38+0.8%. In 2020, TCL industrial R&D expenditure reached 365,438+billion yuan, up 25% year-on-year, and R&D investment ranked among the top in the industry.
The global TV market will fluctuate greatly in 2020 due to the epidemic, and the domestic TV shipments will drop by nearly 1 1% in the whole year. However, the TCL industry relies on the advantages of global layout, and the shipment of smart screens does not fall but rises. In 2020, TCL Industrial achieved sales of nearly 35 million smart screen products, up 8% year-on-year, of which sales of TCL's own brands were about 24 million, up16% year-on-year; In 2020, TCL Zhiping's global sales market share increased by 1.5 percentage points year-on-year, reaching 10.7%, ranking the top three in the world. According to the latest reports of GfK and NPD, in 2020, the sales of TCL smart screens will rank in the top five in 19 countries and regions around the world. According to the omni-channel data of Zhongyikang, in 2020, TCL Zhiping's sales market share in China reached 13.7%, ranking third; The market share of sales reached 13.5%, ranking second.
TCL electronics (1070. HK), a Hong Kong-listed subsidiary of TCL Group, achieved an operating income of 52.98 billion yuan, a year-on-year increase of 26.9%, and a net profit of 3.50 billion yuan, a year-on-year increase of 83.2%. Smart screen business has blossomed in overseas markets, with sales in North America, emerging markets and Europe increasing by 25.4%, 65,438+09.4% and 66.0% respectively. Sales revenue reached 23.7865438 billion yuan, a year-on-year increase of 27.4%; Gross profit reached 3.875 billion yuan, a year-on-year increase of 34.0%. The mobility of Internet operation services is constantly increasing. In 2020, the global Internet business revenue will reach 65.438+93 billion yuan, a year-on-year increase of 97.0%. Among them, the domestic income reached 8 1 10,000 yuan, a substantial year-on-year increase of118.8%; User stickiness has been continuously improved, and the number of monthly active users has increased by 15.5% year-on-year to 1, 79 1 ten thousand; In 2020, the average daily boot time of users will be as long as 5.6 hours, up 6.2% year-on-year; ARPU reached 47.2 yuan, a year-on-year increase of 50.6%.
In 2020, TCL air conditioner shipments exceeded 1 1 10,000 units, ranking fourth in the country; Among them, the export volume is close to 7 million units, with a year-on-year increase of more than 20%. In the case of the overall decline of the industry, TCL air conditioning achieved positive growth in operating income. The shipment of TCL refrigerators is 6.5438+0.53 million units, and the shipment of TCL washing machines is 6.5438+0.80 million units, all of which are in the forefront of the industry.
KONE Electronics, a subsidiary of TCL Industry, achieved a record high in 2020, with operating income exceeding 9 billion yuan, up 20% year-on-year, and net profit of 300 million yuan, up 24% year-on-year. Kone Electronics is a subsidiary of TCL Group engaged in the research, development, production and sales of audio and video products and wireless intelligent interconnection products. Kone Electronics has established a solid cooperative relationship with many famous consumer electronics and Internet brand enterprises around the world. Based on the consideration of future strategy and long-term confidence in the development of KONE Electronics, TCL Group completed the privatization of KONE Electronics at the price of HK$/KOOC-0/2 per share in the first quarter of 2002/KONE Electronics was delisted from the Hong Kong Stock Exchange.
In 2020, the development and operation of TCL industrial park, environmental protection resources and other businesses are also highlights. Among them, the environmental protection resources business achieved operating income of 654.38+0.4 billion yuan and net profit of 654.38+0.6 billion yuan, a substantial increase of over 500% year-on-year. TCL leads the electric waste industry in environmental protection, and ranks first in dismantling materials and dismantling white electricity. The development and operation business of the industrial park realized an operating income of 580 million yuan, a year-on-year increase of 65,438+09.4%, and a net profit of 330 million yuan, a year-on-year increase of more than 50%.
Looking forward to the future, TCL industry will adhere to the wisdom display as the core, launch more new intelligent products and services based on artificial intelligence technology, and build a smart and healthy life of AI x IoT; At the same time, adhere to the user-centered, NPS as the starting point, accelerate the user-oriented digital transformation, drive the global development of all categories of business, and strive to become the world's leading intelligent technology company.