On April 22, GuoXuan hi tech (002074) released the first quarter report of 2021. During the reporting period, the company achieved operating revenue of 1291880594.42 yuan, an increase of 77.09% over the same period last year; The net profit attributable to shareholders of listed companies was 47918287.59 yuan, up 42.49% year on year.
During the reporting period, the net cash flow from operating activities was 110560379.07 yuan, and the net assets attributable to shareholders of listed companies were 10928372358.44 yuan by the end of 2020.
During the reporting period, the operating income was 1291880594.42 yuan, an increase of 77.09% over the same period last year, mainly due to the increase in sales in the current period. During the period, the operating cost was 969388644.63 yuan, 87.15% year on year, which was mainly due to the increase of operating revenue in the current period, resulting in the corresponding increase of operating cost.
According to the data of goubei network, GuoXuan high tech’s main business is divided into two business segments: power lithium battery and power transmission and distribution equipment.