Jiangxi Yuean Advanced Materials Co.Ltd(688786) february 27 disclosed the performance express of 2021. During the reporting period, the company achieved an operating revenue of 405997600 yuan, an increase of 58.34% over the previous year; The net profit attributable to the shareholders of the listed company was 898706 million yuan, an increase of 73.40% over the previous year; After deducting non recurring profits and losses, the net profit attributable to the shareholders of the listed company was 797365 million yuan, an increase of 97.93% over the previous year.
The company said that the micro nano powder new material industry continues to maintain a high outlook and strong terminal demand. During the reporting period, the company’s technical strength was improved, and its product and service structure was continuously optimized, further enhancing its market development ability; At the same time, driven by the rapid growth of the demand of the downstream core customer group, the company’s annual sales volume increased significantly compared with the same period of last year, and the production and sales volume increased the company’s operating performance in two rounds.
During the reporting period, the main business income increased rapidly due to the strong market demand. Among them, the application of micro and small electronic components in consumer electronics, automotive electronics and other scenarios increased, and the demand for corresponding ultra-fine soft magnetic powder materials in the downstream inductive components increased rapidly, which provided an incremental market basis for the company’s business at the demand end. On the supply side, the company’s production and sales of soft magnetic particles based on carbonyl iron and atomized alloy have increased rapidly, and its profitability has been optimized. While improving the production and sales volume and reducing the cost rate, the company strengthens research and development, optimizes the product structure, and focuses on ensuring the supply of high value-added products such as special materials for automotive electronics.
