Shanghai Huace Navigation Technology Ltd(300627) : net profit in 2021 increased by 48.16% year-on-year

Shanghai Huace Navigation Technology Ltd(300627) (300627) released a performance express on the evening of February 20, saying that the company realized an operating profit of 297 million yuan in 2021, an increase of 34.72% over the same period of the previous year; The total profit was 294 million yuan, an increase of 34.40% over the same period last year; The net profit attributable to shareholders of listed companies was 292 million yuan, an increase of 48.16% over the same period last year; The basic earnings per share was 0.81 yuan, a year-on-year increase of 39.47%.

The data also shows that at the end of the reporting period, the total assets of the company increased to 3.3 billion yuan, an increase of 70.83% over the beginning of the reporting period; The owner's equity attributable to shareholders of listed companies increased to 2.166 billion yuan, an increase of 99.57% over the beginning of the reporting period.

The company said that in 2021, the company continued to increase R & D investment, improve the core technical barriers of high-precision navigation and positioning algorithm and intelligent control, and invested in the development of GNSS chip, lidar, Internet of things, cloud computing and other technologies, achieving good phased technical achievements, laying a solid foundation for the rapid development of the company's business lines in the future.

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