On April 21, xiangfenghua (300890) recently released the first quarter report of 2021. During the reporting period, the company achieved an operating revenue of 156019189.09 yuan, up 179.02% year on year; the net profit attributable to shareholders of listed companies was 20107150.54 yuan, up 455.95% year on year.
During the reporting period, the net cash flow from operating activities was 24820502.59 yuan, and the net assets attributable to the shareholders of the listed company were 1043825307.38 yuan by the end of the reporting period.
During the reporting period, the company achieved an operating income of 156019189.09 yuan, a year-on-year increase of 179.02%, which was mainly due to the rapid growth of the new energy vehicle industry, which led to a substantial increase in the company’s product sales, and the low base affected by the epidemic in the first quarter of last year.
During the reporting period, the company’s operating cost was 113738335.71 yuan, a year-on-year increase of 170.30%, mainly due to the increase of operating revenue.
During the period, the investment income was 443236.11 yuan, which was mainly the interest income of structural deposits. During the period, the financial expenses were 1267186.64 yuan, compared with 1223433.61 yuan in the same period of last year.
According to the data of digbei.com, xiangfenghua is mainly engaged in the R & D, production and sales of lithium battery anode materials. Since its establishment, xiangfenghua has always been customer-centered, market-oriented, and provides better products and services for customers through continuous product and technological innovation. It is an advanced supplier of lithium battery anode materials in China.