On April 26, Zhongneng (832972) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 38792678.32 yuan, a year-on-year decrease of 42.37%; The net profit attributable to the shareholders of the listed company was -12188408.73 yuan, which was higher than that of the same period of last year.
During the reporting period, the net cash flow from operating activities was 6116723.41 yuan, and the net assets belonging to the shareholders of the listed company was 123818686.51 yuan by the end of 2020.
During the reporting period, the operating income of the company was 38792678.32 yuan, 28525367.24 yuan less than that of the previous year, 42.37% lower than that of the same period of the previous year. The main reasons are: in 2020, COVID-19 was affected by the new projects of central heating, and the marketing business was limited. At the same time, the company was in a critical period of transformation from the basic heating demand application of traditional products to the intellectualized and intelligent demand. The new product was being put into operation and stable performance verification phase of some trial projects, and there was no large-scale launch of the market. This leads to a drop in income.
During the reporting period, the company’s operating profit was -12397790.32 yuan, a decrease of 3920300.1 yuan compared with the previous year, and a decrease of 46.24% compared with the same period of the previous year. The main reason is: the decrease of sales contract amount in 2020 makes the operating profit of this year decline.
According to the data of goubei.com, cneng focuses on providing digital products and services for the heating industry, is committed to the continuous improvement of “safety, quality and energy efficiency” of the heating system, and strives to build cneng into a leading enterprise of intelligent heating overall solutions in the industry.