Guangdong Modern High-Tech Fiber Co.Ltd(300876) ( Guangdong Modern High-Tech Fiber Co.Ltd(300876) ) the annual report of 2021 was released on the evening of April 7. Last year, the company achieved an operating revenue of 397 million yuan, a year-on-year increase of 7.31%, and a net profit attributable to shareholders of listed companies of 691827 million yuan, a year-on-year decrease of 13.60%. The company plans to distribute a cash dividend of 3 yuan (including tax) to all shareholders for every 10 shares.
The announcement shows that during the reporting period, the total output of polypropylene fiber of the company was 29900 tons and the sales volume was 29400 tons; Due to the fluctuation of the price difference of polypropylene, the main raw material, the sharp rise of overseas transportation costs, phased power restriction, the increase of labor costs and other comprehensive factors, the operating cost reached 305 million yuan, a year-on-year increase of 19.34%. The company’s customers are relatively scattered. The consolidated revenue of the top five customers accounts for 25.51% of the comprehensive annual sales, and the proportion of single customers does not exceed 10.00%. There is no significant dependence on a single customer; The company’s raw materials are mainly polypropylene, which is a bulk commodity. The market price is open and transparent. The combined procurement of the top five suppliers accounts for 78.1% of the annual procurement. There is no serious dependence on a few suppliers.
Last year, the company’s fund-raising projects “23000 tons of polypropylene fiber production expansion project” and “R & D center construction project” have obtained the construction permit of construction engineering, and are accelerating the construction. The equipment procurement is being implemented by classification and step by step, so as to strive for the project to be put into operation as soon as possible.
In addition, the company focuses on improving scientific research capability, attaches importance to R & D innovation, carries out industry university research cooperation with Chinese universities, and gives priority support in capital, talents, resources and other aspects. The company continues to increase R & D investment, continuously develop new products, new processes and new applications, and improve product competitiveness. During the reporting period, the R & D expenditure was 165961 million yuan, accounting for 4.18% of the operating revenue, an increase of 15.50% over the same period of last year; By the end of the reporting period, the company had obtained 16 patents, including 12 invention patents and 4 utility models; 10 authorized trademarks; One piece of software copyright is authorized.
