Hubei Yihua Chemical Industry Co.Ltd(000422) 2021 annual report summary
Securities code: Hubei Yihua Chemical Industry Co.Ltd(000422) securities abbreviation: Hubei Yihua Chemical Industry Co.Ltd(000422) Announcement No.: 2022030 Hubei Yihua Chemical Industry Co.Ltd(000422) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of ordinary shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors □ applicable √ not applicable. The company plans not to distribute cash dividends, bonus shares or convert accumulation fund into share capital. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Hubei Yihua Chemical Industry Co.Ltd(000422) Stock Code: Hubei Yihua Chemical Industry Co.Ltd(000422)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Wang Fengqin, Li Yuhan
Office address: No. 52, Yanjiang Avenue, Xiling District, Yichang City, Hubei Province
Fax: 07178868081
Tel: 07178868081
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
The company belongs to the manufacturing industry of chemical raw materials and chemical products, which is subdivided into chemical fertilizer industry (the main products are urea and diammonium phosphate) and chemical industry (including chlor alkali products such as polyvinyl chloride and caustic soda and fine chemical products such as pentaerythritol and insurance powder). The chemical fertilizer and chemical industry in which the company is engaged is in a mature stage and the market competition is fierce. The market competitiveness of the company's diammonium phosphate and gas head urea is leading in the industry, and the profitability of PVC and caustic soda plants is currently at the middle and upper reaches of the same industry in China.
2021 is the first year of the 14th five year plan. In the face of the repeated impact of covid-19 epidemic and the complex and changeable economic situation, the company overcomes the impact of multiple adverse factors such as the sharp rise in the price of bulk raw materials, dual control of energy consumption and export restrictions, actively takes effective measures, pays close attention to epidemic prevention and control, production and operation, actively responds to the great changes in the market, seizes the development opportunities of the industry, and comprehensively starts transformation and upgrading, The operation of the company has been fundamentally improved. During the reporting period, the company achieved an operating revenue of 1854406213424 yuan, a year-on-year increase of 34.33%; The total profit was 224381866122 yuan, a year-on-year increase of 844.01%; The net profit attributable to the shareholders of the listed company was 156902623642 yuan, a year-on-year increase of 125501%.
The company's main products are as follows:
(1) Urea
Urea is the neutral available nitrogen fertilizer with the highest nitrogen content at present. It is suitable for the growth of various soils and crops. Agricultural urea can be used alone or combined with phosphate fertilizer, potassium fertilizer, etc
Hubei Yihua Chemical Industry Co.Ltd(000422) 2021 annual report summary
It can promote the increase of crop yield. Industrial urea is mainly used in polymer synthetic materials and as additives and softeners in the production of drugs and reagents. The company has a urea production capacity of 1.56 million tons (consolidated statement caliber and design capacity caliber). Among them, the subsidiary Lianhua Company has an annual urea production capacity of 1.04 million tons, and the subsidiary Xinjiang Tianyun has an annual urea production capacity of 520000 tons. It uses the natural gas of Inner Mongolia and Xinjiang as raw materials to produce urea respectively.
(2) Diammonium phosphate
Diammonium phosphate is an important high concentration nitrogen and phosphorus compound fertilizer. It can be used as base fertilizer for grain crops, cash crops, vegetables and fruit trees, as well as topdressing. It can significantly increase the yield of grain crops and other cash crops. The company has a capacity of 1.26 million tons of diammonium phosphate (consolidated statement and design capacity). Among them, the subsidiary Yihua fertilizer industry has an annual production capacity of 660000 tons of diammonium phosphate, and the subsidiary Songzi fertilizer industry has an annual production capacity of Shanghai Pudong Development Bank Co.Ltd(600000) tons of diammonium phosphate.
(3) Polyvinyl chloride
Polyvinyl chloride (PVC) is a kind of thermoplastic resin, which is widely used in industry, agriculture, construction, electronics and electrical and various fields of people's life. PVC hard products can replace metal to make various industrial profiles, doors and windows, pipes, valves, insulating sectors and anti-corrosion materials. They can also be used as radio, telephone, battery shell, furniture, toys, etc. PVC soft products can be made into films, ponchos, tablecloths, packaging materials and agricultural films, as well as the insulating layer of adult leather and cables. The company has a PVC production capacity of 840000 tons (consolidated statement caliber and design capacity caliber). Among them, the subsidiary Yihua in Inner Mongolia has an annual PVC production capacity of 300000 tons, the subsidiary Yihua in Qinghai has an annual PVC production capacity of 300000 tons, and the subsidiaries The Pacific Securities Co.Ltd(601099) chemical industry and The Pacific Securities Co.Ltd(601099) thermal power have an annual PVC production capacity of 120000 tons. The company mainly adopts calcium carbide method to produce PVC. The subsidiary Yihua in Inner Mongolia has an annual output of Shanghai Pudong Development Bank Co.Ltd(600000) tons of calcium carbide, and the subsidiary Yihua in Qinghai has an annual output of 450000 tons of calcium carbide.
Compared with the acetylene and ethylene gas method with oil and natural gas as raw materials, the production cost of calcium carbide method is relatively low. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 20866134859192201566846705 - 5.22% 2312514863495
Net assets attributable to shareholders of listed companies 240774 Zhejiangtailin Bioengineering Co.Ltd(300813) 32620786393 638.10% 16699469729
20212020 year-on-year increase or decrease 2019
Operating income 18544062134241380469986462 34.33% 1466 Yotrio Group Co.Ltd(002489) 732
Net profit attributable to shareholders of listed company 15690262364211579486677125501% 164391164
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 135510946363 -32733658614 513.98% - 66679326029
Net cash flow from operating activities 365860815144126070821474 190.20% 225387039591
Basic earnings per share (yuan / share) 1.7475 0.12901254.65% 0.092
Diluted earnings per share (yuan / share) 1.7475 0.12901254.65% 0.092
Weighted average return on net assets 115.92%, 47.49%, 68.43%, 17.09%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 356185525748578708295529612558141678306954250469
Net profit attributable to shareholders of listed company: 21232122674513182923127615214662482 Macrolink Culturaltainment Development Co.Ltd(000620) 32
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 1579451795046752188968694683983893495841056
Net cash flow from operating activities -690533249017884084647314240408039851521220763
Whether the above financial indicators or their total amount are significantly different from the financial indicators related to the quarterly report and semi annual report disclosed by the company □ yes √ no
Hubei Yihua Chemical Industry Co.Ltd(000422) 2021 annual report summary
4. Share capital and shareholders (1) number of ordinary shareholders and preferred shareholders with voting rights restored and shareholding of the top 10 shareholders
Unit: shares
The disclosure date of the annual report is before the disclosure date of the annual report of voting rights at the end of the reporting period
At the end of the reporting period, ordinary 176249 preferred shares recovered at the end of the month before ordinary 181693, 0 voting rights recovered at the end of the month, total number of shareholders, total number of shareholders, total number of preferred shareholders recovered at the end of the month
number
Shareholding of top 10 shareholders
Shareholder name shareholder nature shareholding proportion shareholding quantity number of shares with limited sales conditions pledge, marking or freezing
