Wuhu Conch Profiles And Science Co.Ltd(000619) 3 disclosed the 2021 annual report on March 25. During the reporting period, the company achieved an operating revenue of 4.853 billion yuan, an increase of 24.20% year-on-year; The net profit attributable to the parent company lost 143 million yuan, a year-on-year decrease of 543.33%; Deducting non net profit loss of 105 million yuan, a year-on-year decrease of 282280%.
The company also disclosed that it plans to change its name to "conch (Anhui) energy saving and environmental protection new materials Co., Ltd." and the securities abbreviation is planned to be changed to "conch new materials".
At present, Wuhu Conch Profiles And Science Co.Ltd(000619) main business is new green building materials and new environmental protection materials. In terms of new green building materials, the company is mainly engaged in the production, sales and scientific research and development of medium and high-grade plastic profiles, doors and windows; In terms of new environmental protection materials, the company mainly provides integrated solutions for the R & D, manufacturing, sales, after-sales and regeneration services of SCR denitration catalyst.
By industry, during the reporting period, the revenue of building materials was 4.089 billion yuan, accounting for 84.25% of the total operating revenue; The revenue of environmental protection new materials was 293 million yuan, accounting for 6.04% of the total operating revenue; Year on year increases of 19.71% and 230.42% respectively.
In terms of products, by the end of 2021, the revenue of plastic profiles, aluminum profiles, doors and windows and sectors, and new environmental protection materials accounted for 52.83%, 22.43%, 8.99% and 6.04% respectively, of which new environmental protection materials had the largest year-on-year increase of 230.42%, followed by aluminum profiles, with a year-on-year increase of 97.92%. By region, the sales in East China and North China accounted for 45.52% and 15.08% respectively.
In terms of customers, the total sales amount of the company's top five customers is 310 million yuan, accounting for 6.39% of the total annual sales; The sales of the top five customers accounted for 6.39% of the total; The former major customers of the company accounted for 2.38%, 1.08%, 1.06%, 0.99% and 0.88% respectively.
In terms of expenses, sales expenses, management expenses, accounting expenses and R & D expenses are 171 million yuan, 220 million yuan, 23 million yuan and 29 million yuan respectively. Among them, the financial expenses decreased slightly, with a year-on-year decrease of 1.66%; R & D expenses increased by 142.56% year-on-year. The company said that it was mainly due to the impact of the new acquisition of Henan conch Songji New Material Co., Ltd. and the increase in the consolidated statement time of Tianhe (Baoding) environment Co., Ltd.
During the reporting period, the net cash flow loss from the company's operating activities was 946669 million yuan, a year-on-year decrease of 254.21%; Among them, the net cash flow loss from investment activities was 201 million yuan, narrowing the loss by 24.63%.
In 2021, the company actively responded to the impact of the overseas epidemic, strengthened the overall planning of resources, promoted the full line trial production of Thai conch aluminum project, and further accelerated the international development; Strengthen the development of industrial aluminum industry, successfully complete the equity acquisition and management transfer of conch Songji, and further expand the photovoltaic aluminum industry; Accelerate the construction of Guangxi Laibin's first phase of 15000 m SCR denitration catalyst project, and it is expected to enter trial production by the end of March 2022, further improve the industrial layout of SCR denitration catalyst, and actively expand the upstream and downstream industrial chain. At the same time, it has continued to carry out research and technical exchanges on the environmental protection new material industry, actively looking for high-quality projects and promoting the sustainable development of enterprises.
The company said that in the future, the company will adhere to the concept of high-quality development, take transformation and development as the primary task, accelerate the industrial layout of new environmental protection materials, strive to build the second main business of the company and form a new growth pole; With the consolidation and improvement of the main business of building materials as the basic guarantee, continue to promote the pace of diversification and internationalization, integrate and extend the related industrial chain, promote the upgrading of the product structure of the main business of building materials, and improve the overall operation quality of the company. By the end of the 14th Five Year Plan period, a new development pattern will be formed in which the new green building materials and environmental protection new materials industries will operate as two main industries, supplemented by diversification and internationalization.
