Sinomag Technology Co.Ltd(300835)
Financial statement report of 2021
In 2021, the financial statements of the company and its holding subsidiaries were audited by Tianjian Certified Public Accountants (special general partnership) (hereinafter referred to as Tianjian Institute). After audit, Tianjian Institute believes that the financial statements of the company fairly reflect the financial position as of December 31, 2021 and the operating results and cash flow in 2021 in all major aspects, and has issued a standard unqualified audit report for the consolidated financial statements of the company in 2021. Now, the company’s financial statements for 2021 are as follows:
1、 Key financial data
In 2021, the company realized an operating revenue of 8046745 million yuan, an increase of 43.91% over the previous year; The net profit attributable to the shareholders of the listed company was 1310109 million yuan, a year-on-year increase of 92.05%. The main financial data are as follows (unit: 10000 yuan):
The year-on-year increase of the project in the current period (end) and the previous period (end) increased year-on-year
Total assets 12356692106509791705713 16.01%
Net assets 952781783695751158242 13.84%
Operating income 804674555913332455412 43.91%
Net profit 1310109682159627950 92.05%
Net profit after deducting non recurring profit and loss 1218831523414695417 132.86%
2、 Operating income and gross profit margin
The company’s operating revenue, operating costs and gross profit margin in 2020 are as follows:
Year on year increase of the project in the current period and the previous period
Operating income 804674555913332455412 43.91%
Operating cost 520218037085811493599 40.27%
Gross profit margin 35.35% – 33.67% – 1.68%
3、 Main expenses
The expenses of the company in 2021 are as follows:
Year on year increase of the project in the current period and the previous period
Sales expense 356709416279 -595.70 -14.31%
Administrative expenses 530504432930 975.74 22.54%
R & D expenses 407755291208116547 40.02%
Financial expenses 614.49105024 – 435.75 – 41.49%
The increase of the company’s R & D expenses is mainly due to the company’s increasing R & D investment in combination with the needs of technological development; The decrease in financial expenses was mainly due to the decrease in the company’s borrowing amount and exchange gains and losses.
4、 Main cash flows
The net cash flow of the company in 2021 is as follows:
Year on year increase of the project in the current period and the previous period
Net cash flow from operating activities 744479567785176694 31.12%
Net cash flow from investment activities -961883 -1324955363072 -27.40%
Net cash flow from financing activities 1456511754446 – 1608795 – 91.70%
The decrease in net cash flow from the company’s investment activities was mainly due to the increase in investment in the purchase and construction of fixed assets.
Sinomag Technology Co.Ltd(300835) board of directors March 15, 2022
