Company code: 600423 company abbreviation: Liuzhou Chemical Industry Co.Ltd(600423) Liuzhou Chemical Industry Co.Ltd(600423)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should go to www.sse.com com. cn. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. All directors of the company attend the board meeting. 4 Daxin Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
According to the audit of Daxin Certified Public Accountants (special general partnership), the net profit of the company in 2021 was 28.8149 million yuan, and the accumulated profit available for distribution at the end of the period was -2188238600 yuan.
In view of the company's meager profit and negative accumulated undistributed profits in 2021, combined with the relevant provisions of the articles of association, the company plans not to distribute profits or convert capital reserve into share capital in 2021.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A-share Shanghai Stock Exchange Liuzhou Chemical Industry Co.Ltd(600423) 600423 st Liuhua
Contact person and contact information secretary of the board of directors securities affairs representative
Name: long Liping, Wu Ning
Office address: 26 / F, Huijin international, No. 106-8, Yuejin Road, Liuzhou, Guangxi
Tel: 0772-2519434
E-mail [email protected]. [email protected].
2. Introduction to the company's main business in the reporting period
During the reporting period, the company was mainly engaged in the manufacturing of chemical raw materials and chemical products, mainly engaged in the production and sales of hydrogen peroxide. It belongs to the chemical industry, and the main sub industry is hydrogen peroxide.
Under the background of the price rise of international major raw materials, the overall prosperity of the chemical industry in 2021 is high. The operation of the chemical industry in 2021 released by the national development and Reform Commission shows that in 2021, the added value of the chemical industry increased by 7.4% year-on-year
Increase by 4 percentage points. Among the main products, the output of ethylene was 28.26 million tons, an increase of 18.3%; The output of plastics in primary form was 110.39 million tons, an increase of 5.8%; The output of synthetic rubber was 8.12 million tons, an increase of 2.6%; The output of synthetic fiber was 61.52 million tons, an increase of 9.1%. The output of caustic soda was 38.91 million tons, an increase of 5.2%; The output of soda ash was 29.13 million tons, an increase of 3.4%. The output of chemical fertilizer was 54.46 million tons, an increase of 0.8%, of which nitrogen fertilizer increased by 1.6%, phosphorus fertilizer decreased by 0.7% and potassium fertilizer decreased by 1.3%. The output of pesticides was 2.5 million tons, an increase of 7.8%. The output of rubber tire cover was 89.911 million, an increase of 10.8%. The output of calcium carbide was 28.25 million tons, an increase of 0.9%.
Affected by environmental protection factors and limited logistics, the demand for hydrogen peroxide terminal remained low during the reporting period, and the price of 27.5% hydrogen peroxide products continued to fall sharply from the high of more than 1400 yuan at the beginning of the year. Although in October, due to the influence of the dual control policy, some manufacturers stopped production or reduced production, the supply was tight, and the price of hydrogen peroxide rose sharply for a short time, but it began to dive at the end of the month, By the end of the year, it was close to 800 yuan / ton. The monthly price trend of hydrogen peroxide in China throughout the year is shown in the figure below: (data source: business society, product prices include tax)
(I) main business in the reporting period
During the reporting period, the company was mainly engaged in the production and sales of hydrogen peroxide. The annual design capacity of 27.5% hydrogen peroxide was 100000 tons, and the annual cumulative output was 1019700 tons; The annual design capacity of 50% hydrogen peroxide is 20000 tons, and the annual cumulative output is 3300 tons.
(II) business model
1. Production mode and product use
The company uses anthraquinone palladium catalyst process to produce hydrogen peroxide with purchased hydrogen as the main raw material. Hydrogen peroxide is an important inorganic chemical with a wide range of uses. In addition to releasing active oxygen, it is also reduced to water in use, so it has no secondary pollution problem. Therefore, it is known as the "cleanest" chemical product. It is widely used in chemical industry, textile, papermaking, electronics, medicine, food, packaging disinfection, daily chemicals Industrial wastewater treatment and other industries in environmental protection industry, which are specifically used for bleaching of various fabrics, paper, wood and grass products; Used in organic synthesis, as oxidant, catalyst, initiator and hydroxylation agent; For the manufacture of organic or inorganic peroxides (Synthesis of peracetic acid, benzoyl peroxide, urea dioxide, sodium perborate, calcium peroxide, etc.); Used in electroplating industry (purification of electroplating solution) and electronic industry (metal surface treatment); Used in chemical analysis, medicine (pharmaceutical synthesis, disinfectant), food (disinfection, preservation) processing and cosmetics production; It is used in building materials industry (foaming agent for foamed plastics and foam cement). For enterprise sewage treatment, etc.
2. Procurement mode
Hydrogen is the main raw material for the company's production, which is purchased from Guangxi Liuhua chlor alkali Co., Ltd. through long-term cooperation; Electric power is the main energy of the company. During the reporting period, it is purchased through bidding and supplied by Liuzhou Luzhai Power Supply Bureau of Guangxi Power Grid Co., Ltd. the price of catalog electricity is determined by the price bureau of the autonomous region, and the price of direct power supply is determined by the market; The procurement plan of machinery, equipment, spare parts and other materials shall be formulated according to the production needs, the bidding work shall be carried out online, and the suppliers shall be determined through inquiry and quality comparison to complete the procurement.
3. Sales model
During the reporting period, the company's products were sold through the combination of distribution and direct sales, mainly distribution. Sales pricing is market-oriented, and the sales price of products is determined in combination with factors such as product cost, product quality and market competition. 3 main accounting data and financial indicators of the company 3.1 main accounting data and financial indicators in recent three years
Unit: yuan currency: RMB
2021-2020 compared with 2019 of the previous year
Increase or decrease (%)
Total assets 485161409.73 469370097.96 3.36 592928065.20
Net assets attributable to shareholders of listed companies: 422518809.47 392921962.83 7.53 379327904.03
Operating income 127290163.20 107120775.91 18.83 373959757.87
Net profit attributable to shareholders of listed company 28814887.69 12716412.44 126.60 - 1867008703.24 deduction attributable to shareholders of listed company
Unless the net profit of recurring profit and loss is 27689137.49 10476690.84 164.29 -394273774.04
Net cash flow from operating activities: 6055847.43 -130308846.96 -274337506.66
Weighted average return on net assets (%)
Basic earnings per share (yuan / share) 0.04 0.02 100.00 -2.34
3.2 main accounting data by quarter in the reporting period
Unit: yuan currency: RMB
First quarter second quarter third quarter fourth quarter
(January March) (April June) (July September) (October December)
Operating income 28928514.61 30920745.25 30502515.40 36938387.94
Net profit attributable to shareholders of listed company 11708148.33 9594941.57 4000920.85 3510876.94
Deduction attributable to shareholders of listed companies
Net profit after recurring profit and loss 11630515.39 9174258.38 4003255.08 2881108.64
Net cash flow from operating activities 9578191.00 13656623.72 -16638630.23 -540337.06
Description of differences between quarterly data and disclosed periodic report data
□ applicable √ not applicable
4. Shareholders
4.1 at the end of the reporting period and the end of the month before the disclosure of the annual report, the total number of ordinary shareholders, the total number of preferred shareholders whose voting rights have been restored, the total number of shareholders holding special voting shares and the top 10 shareholders
Unit: shares
As of the end of the reporting period, the total number of common shareholders (households) was 24182
Total number of ordinary shareholders (households) at the end of the previous month before the disclosure date of the annual report 23488
Total number of preferred shareholders whose voting rights have been restored by the end of the reporting period (households) total number of preferred shareholders whose voting rights have been restored by the end of the previous month before the disclosure date of the annual report (households)
Shareholding of top 10 shareholders
Holding pledge, mark or freezing
Name of shareholder: proportion of shares held at the end of the reporting period
(full name) number and nature of shares with reduction (%) pieces
