On March 25, Jiangxi Jdl Environmental Protection Co.Ltd(688057) ( Jiangxi Jdl Environmental Protection Co.Ltd(688057) . SH) released the performance report for 2021. During the reporting period, the company achieved an operating income of 913 million yuan and a net profit attributable to the parent company of 383 million yuan. On the same day, the company issued the profit distribution plan for 2021, and planned to distribute cash dividends of RMB 10 to all shareholders for every 10 shares. Based on the total share capital of 276 million shares, the company planned to distribute cash dividends of RMB 276 million in total.
Affected by covid-19 epidemic and other factors, the progress of some projects in Jiangxi Jdl Environmental Protection Co.Ltd(688057) 2021 slowed down, which had a certain impact on the business performance. However, the company has always focused on its main business, complied with the policy trend, closely followed the market characteristics such as the upgrading and expansion of urban sewage plants and the improvement of rural residential environment, made full use of the advantages of core technology and distributed sewage treatment mode, found the correct positioning, carried out differentiated competition, and further expanded the water environment treatment market, and still achieved relatively stable business results.
With the expansion of the company’s business scale and the enhancement of its capital strength, Jiangxi Jdl Environmental Protection Co.Ltd(688057) has successively expanded and undertaken a number of relatively large-scale and centralized urban sewage treatment projects while maintaining the advantages of village and town projects in recent years. The characteristics of such projects are that the amount of a single project is high and the landing cycle is long. The company can further improve the income scale with the help of such projects, but the project payment collection will be relatively late. In 2021, Jiangxi Jdl Environmental Protection Co.Ltd(688057) successively implemented a number of relatively large-scale projects in Jiujiang, Wuning, Shandong Rizhao, Chongqing Wushan and other places, playing a good demonstration effect. At the same time, the company continued to strengthen the undertaking of operation projects. During the reporting period, the operation income of water pollution control projects was 223 million yuan, an increase of 25.48% over the same period of last year.
In 2021, Jiangxi Jdl Environmental Protection Co.Ltd(688057) achieved a gross profit margin of 65.51%. Over the years, the company’s gross profit margin has been maintained at more than 60%, which has obvious advantages over the industry average. The development plan for urban sewage treatment and resource utilization in the 14th five year plan proposes that by 2025, the direct discharge outlet of domestic sewage and the blank area of collection and treatment facilities in urban built-up areas will be basically eliminated, and the centralized collection rate of urban domestic sewage in China will strive to reach more than 70%; The sewage treatment capacity of cities and counties basically meets the needs of economic and social development, and the sewage treatment rate of counties reaches more than 95%. As the country’s determination to win the battle of pollution prevention and control and promote the construction of ecological civilization is further increased, the demand for water environment treatment in the future is further released. In the context of policies promoting the increasing demand for water governance, the development trend of Jiangxi Jdl Environmental Protection Co.Ltd(688057) is expected to continue to improve.
