On April 29th, focus technology (300203) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 410122968.27 yuan, up 5.28% year on year; The net profit attributable to shareholders of listed companies was 489235071.33 yuan, up 1128.82% year on year.
During the reporting period, the net cash flow from operating activities was 638557451.29 yuan, and the net assets attributable to shareholders of listed companies were 3765888263.87 yuan by the end of 2020.
In 2020, the company closely focused on the development strategy of enterprises and the business objectives of 2020. Under the leadership of the board of directors, the company’s management and staff conscientiously implement the established strategic objectives and business plans, facing the complex and changeable economic situation and the risks brought by the domestic economic growth, and the negative effects of COVID-19 on the company’s business development. In particular, the emergence of a large number of competitors, increasingly fierce external changes in the competitive environment, timely adjustment of the company’s business plan and objectives. The company continues to improve the quality of contract and operating revenue, continue to strengthen the management of accounts receivable collection, try sales grid marketing and supplier management, vigorously optimize product cost control, moderately adjust the distribution system, strive to optimize the structure of assets and liabilities, prevent capital risks, resolve various historical risks, and implement the strategy of survival and prevention of major risks; The company complies with the development law and actual situation of various industries, stops signing new contracts for PPP and other construction investment projects, and controls the promotion of such projects according to the specific situation of each project; All business divisions and subsidiaries are required to give full play to the advantages of rich products and professional services, focus on the products and industrial applications with major development opportunities, and continue to strengthen and expand the high-end analytical instrument business; Encourage all business divisions and subsidiaries to strengthen business collaboration. In 2020, the company’s main business income will grow, and the company’s overall gross profit rate will rise slightly. Due to the increase of R & D and market sales investment, the two expense rates will rise, and the net operating cash flow will continue to improve, but the company’s net free cash flow still has a large room for improvement.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 6.4075 million yuan. Ding Jianping, chairman of the board of directors, received a total pre tax remuneration of 395000 yuan from the company, Yu Hui, chief financial officer, 936400 yuan from the company, and Tian Kunlun, Secretary of the board of directors, 797900 yuan from the company.
According to the data of digbei.com, the main business of concentrator technology is R & D, production and sales of instruments and meters used in environmental monitoring, industrial process analysis, laboratory instruments and other fields; With advanced detection and information software technology and products as the core, it provides comprehensive solutions for analysis and measurement, information, operation and maintenance services and governance in the fields of environmental protection, industrial process, water conservancy and water affairs. The main business categories of the company include environmental monitoring system, environmental restoration and operation and maintenance, consulting service, industrial process analysis system, laboratory analysis instrument, water conservancy and water affairs intelligent system, etc.