On April 1, Chongqing Zongshen Power Machinery Co.Ltd(001696) ( Chongqing Zongshen Power Machinery Co.Ltd(001696) ) released the annual report of 2021. Last year, the company achieved an operating revenue of 9.177 billion yuan, an increase of 20.27% year-on-year; The net profit attributable to shareholders of listed companies was 481 million yuan, a year-on-year decrease of 18.17%; After deducting non recurring profits and losses, the net profit attributable to the shareholders of the listed company was 369 million yuan, a decrease of 12.58%, the basic earnings per share was 0.42 yuan, and a cash dividend of 2.50 yuan (including tax) was proposed for every 10 shares.
Chongqing Zongshen Power Machinery Co.Ltd(001696) general machinery business achieved a revenue of 5.256 billion yuan, a year-on-year increase of 27.27%, and a net profit of 238 million yuan.
According to the report, the net cash flow from Chongqing Zongshen Power Machinery Co.Ltd(001696) operating activities in 2021 was 631 million yuan, basically the same as 654 million yuan in the previous year.
By segment, the motorcycle engine business achieved product sales of 3.098 million units, a year-on-year increase of 7.62%, revenue of 3.409 billion yuan, a year-on-year increase of 17.08%, and net profit of 129 million yuan; General Dynamics and terminal products business sold a total of 5.1752 million units, a year-on-year increase of 10.01%, realized a revenue of 5.256 billion yuan, a year-on-year increase of 27.27%, and realized a net profit of 238 million yuan.
For aviation power business, Zongshen Aviation Development Co., Ltd., a holding subsidiary, introduced strategic investors according to the pre investment valuation of 1.3 billion yuan, and successfully obtained five invention patent certificates, further established the industry status and the advantages of independent intellectual property rights, and laid a solid foundation for new product research and development and scientific and technological attributes.
