On April 26, Qianyi intelligent (837017) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 32025036.46 yuan, up 59.42% year on year; The net profit attributable to the shareholders of the listed company was 1955050.99 yuan, up 520.04% year on year.
During the reporting period, the net cash flow from operating activities was -266619.25 yuan, and the net assets belonging to the shareholders of the listed company was 36219306.70 yuan by the end of 2020.
During the reporting period, the operating revenue was 32025036.46 yuan, an increase of 11936189.95 yuan or 59.42% over the same period. The main reason was the increase of 16951099.76 yuan in the operating revenue of the company’s fully mechanized mining and liquid supply system equipment. After offsetting the decrease in the operating revenue of other products, the overall growth was 59.42%. During the reporting period, the company’s sales performance is good, the probability of winning the bid in the central and western regions is improved, and the growth rate of operating revenue is larger.
During the reporting period, the operating cost was 21413618.91 yuan, an increase of 8940217.17 yuan or 71.67% over the same period. The main reason is that in order to achieve the corresponding growth of operating revenue, the company’s production costs increased, including an increase of 7498012.30 yuan in material consumption and 420509.00 yuan in salary of production personnel.
According to the data of digging shell network, Qianyi intelligent is mainly engaged in the R & D, manufacturing and sales of mechanical equipment and fully mechanized mining equipment. Its main products are liquid supply system device of fully mechanized mining face, underground transportation equipment, dust-proof device of fully mechanized mining, etc.