On April 30, Jialong (002495) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 243328651.83 yuan, a year-on-year decrease of 17.96%; The net profit attributable to shareholders of listed companies was 9748957.91 yuan, down 65.15% year on year.
During the reporting period, the net cash flow from operating activities was 62945752.33 yuan, and the net assets attributable to shareholders of listed companies were 1199195531.08 yuan by the end of 2020.
During the reporting period, the sales expenses were 13417803.83 yuan, down 64.93% compared with the same period of last year, mainly due to the marketing reform in the current period, the optimization of personnel and institutions, the reduction of rent, travel expenses, office expenses and other expenses, as well as the implementation of the new revenue standard in the current period, and the collection of related freight to operating costs.
The management cost was 41680750.19 yuan, an increase of 7.48% over the same period of last year, mainly due to the optimization of organizational structure and the increase of dismissal welfare.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 2.7901 million yuan. Lin Pingtao, chairman of the board, received a total pre tax remuneration of 314800 yuan from the company, Xu qiaochan, vice chairman, 271600 yuan from the company, Zhong caiqiong, chief financial officer, 151500 yuan from the company, and Xu Qinhong, vice president and Secretary of the board, received a total pre tax remuneration of 198400 yuan from the company.
According to the data of digbei.com, Jialong company takes the progress of science and technology as the core and constantly brings forth new ideas. At present, it has formed a strategic layout with chicken powder and chicken essence as the leading factors, and other products such as chicken juice, Jishi powder, green mustard chili sauce, corn japonica, tomato sauce, etc. develop cooperatively and share marketing channels.