On April 26, Lianchuang Xin’an (837283) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 32941287.64 yuan, up 60.63% year on year; The net profit attributable to the shareholders of the listed company was 3857165.00 yuan, turning losses into profits over the same period of last year.
During the reporting period, the net cash flow from operating activities was -3430207.18 yuan, and by the end of 2020, the net assets belonging to the shareholders of the listed company was 35980145.03 yuan.
During the reporting period, the company’s operating revenue was 32941287.64 yuan, an increase of 60.63% compared with 20507892.70 yuan in the same period of last year. The main reasons are as follows: in 2020, the company’s self-developed products will gradually become stable and mature, and the contract volume will increase; In addition, as the company’s R & D strength is recognized by industry customers, it undertook technology development and service projects in the reporting period, and the overall revenue has increased.
During the reporting period, the gross profit rate was 66.59%, which was significantly higher than 40.51% in the same period of last year. The main reasons are as follows: (1) the contract amount of technology development and service projects in this period increased compared with the previous period, and the gross profit rate of such projects was higher, which promoted the overall gross profit（ 2) During the reporting period, new self-developed products, such as panacube super fusion private cloud system and panastor mass cluster storage system, which are put into the market, are in the import period, and the gross profit rate of the products is relatively high.
According to the data of digbei.com, Lianchuang Xin’an is a high-tech enterprise which is committed to the R & D, production and sales of cloud storage, data management and cloud computing related products, and provides users with the planning, development and service of Cloud Architecture Data Center.