The first annual report of Shanghai and Shenzhen stock markets was released, Huasu Holdings Co.Ltd(000509) won the top!
On the evening of January 17, Huasu Holdings Co.Ltd(000509) released its annual report for 2021. In 2021, it realized an operating revenue of 295 million yuan and a net profit loss of 5.6451 million yuan. After deducting the business income irrelevant to the main business and the income without commercial substance, the operating income still exceeds 100 million yuan.
The company announced on the same day that the company met the conditions for revoking the risk warning of stock delisting, and the board of directors approved the company to apply to Shenzhen stock exchange for revoking the risk warning of stock delisting.
In the stock bar, investors have called it “the first cap removal stock in 2022”!
The staff on duty of the Securities Department of the company said: “it is uncertain whether we can take off our hats before the Spring Festival.”
Tianji wisdom Valley contributes most of its revenue
According to the annual report released by Huasu Holdings Co.Ltd(000509) , the company achieved an operating revenue of 295 million yuan in 2021, a year-on-year increase of 488.19%; The net profit loss attributable to the shareholders of the listed company was 5.6451 million yuan, with a profit of 7.5599 million yuan in the same period of last year; The basic earnings per share is -0.01 yuan. It is worth noting that Tianji Zhigu acquired by the company in 2021 contributed most of the company’s revenue
source: Huasu Holdings Co.Ltd(000509) announcement
According to the annual report, the operating revenue of Tianji Zhigu increased significantly year-on-year, with an operating revenue of 653 million yuan and a net profit of 20.573 million yuan in 2021. The total operating revenue of Tianji Zhigu recognized by the company and included in the merger is 242 million yuan, accounting for 82.28% of the company’s operating revenue in 2021
source: Huasu Holdings Co.Ltd(000509) announcement
On September 6, 2021, Huasu Holdings Co.Ltd(000509) issued a report on major asset purchase and related party transactions. Kangda Credit Suisse, a wholly-owned subsidiary of the company, plans to purchase 51% equity of Tianji Zhigu held by tianrunda in cash at a transaction price of 102 million yuan. On September 28, 2021, 51% equity of Tianji Zhigu was transferred to Kangda Credit Suisse.
Through this reorganization, the listed company has increased the R & D, design, production and sales service business of electronic information display terminals, and quickly entered the electronic information display terminal industry.
The customer concentration of Tianji Zhigu is high, and Sept, the largest customer, is an international well-known enterprise in the display technology industry. In 2020, against the background of the increased demand for display products from home office caused by the global epidemic, Tianji Zhigu has become one of the most stable suppliers of Sept because it can better ensure the delivery of the customer’s orders.
In 2021, the domestic and export sales of Tianji Zhigu continued to increase. On the basis of the original big customers such as Sept and Skyworth, Tianji Zhigu has successfully developed well-known customers in the industry such as Lenovo laiku, Zhejiang Dahua and Tsinghua Tongfang.
The counterparty has promised that the accumulated net profit in 2021, 2022 and 2023 will not be less than 64 million yuan.
apply for cancellation of delisting risk warning
Due to the expectation of taking off the cap, Huasu Holdings Co.Ltd(000509) recent market performance is strong. Since the company released the performance forecast, from the closing price of 2.75 yuan / share on December 27, 2021 to the closing price of 3.78 yuan / share on January 14, 2022, the company’s share price has increased by 37.45% in more than half a month. However, on January 17, the company’s share price closed at the limit of 3.59 yuan / share.
On December 25, 2021, the company released the performance forecast for 2021. The company expects to achieve an operating revenue of 240-300 million yuan and an operating revenue of 223-283 million yuan after deduction in 2021; It is estimated that the net profit loss attributable to the shareholders of the listed company will be 4-6 million yuan, with a profit of 7.5599 million yuan in the same period of last year
source: Huasu Holdings Co.Ltd(000509) announcement
Due to the negative audited net profit in two consecutive fiscal years in 2018 and 2019 and the negative audited net assets at the end of 2019, the delisting risk warning was implemented for the company’s stock trading on April 1, 2020. Although the company turned losses into profits in 2020, the net profit loss after deduction was 24.649 million yuan, and the revenue of that year was only 50.0844 million yuan, less than 100 million yuan. According to the stock listing rules of Shenzhen Stock Exchange (revised in 2020) and relevant transition period arrangements, Shenzhen Stock Exchange continues to implement delisting risk warning for the company’s stock trading
source: Huasu Holdings Co.Ltd(000509) announcement
As soon as the 2021 performance forecast was announced, investors said: “this year, we must take off our hats!”
The company said in its announcement on the evening of the 17th that the company’s application to revoke the delisting risk warning still needs to be reviewed and approved by Shenzhen Stock Exchange, and there is significant uncertainty whether it can obtain the review and approval of Shenzhen Stock Exchange.
Huasu Holdings Co.Ltd(000509) is currently mainly engaged in medical service business. The company has undergone many transformations and changes of actual controllers.
Huasu Holdings Co.Ltd(000509) said that in the future, the company will closely follow the medium and long-term development strategy, further expand and extend the business layout based on the advantages of Tianji Zhigu in technology and customers, create new competitive advantages and performance growth points of listed companies, grasp the future development opportunities of electronic information display terminals and improve the profitability of listed companies.
