On April 26, xingdun Technology (836851) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 44871532.71 yuan, up 61.97% year on year; The net profit attributable to the shareholders of the listed company was 3978349.09 yuan, up from – 8295121.43 yuan in the same period of last year, turning loss into profit.
During the reporting period, the net cash flow from operating activities was -78828.59 yuan, and by the end of 2020, the net assets belonging to the shareholders of the listed company was 31149316.90 yuan.
The operating revenue increased by 61.97% compared with the previous period. The main reasons are as follows: first, following the policy closely and accelerating the launch of new products; The second is to strengthen the follow-up efforts of project management, the early progress of the project is delayed, and the project is completed and accepted in this period.
Compared with the previous period, the operating profit and net profit increased significantly, mainly due to the growth of operating revenue and the decrease of sales expenses and management expenses. The financial expenses in the period were -77343.51 yuan, compared with -51589.04 yuan in the same period of last year.
According to the data of digbei.com, xingdun technology is a leading supplier of information solutions for road traffic safety industry in China. It is committed to improving the management level of road traffic safety industry and reducing the incidence of traffic accidents by means of information technology.