On April 29, powersource (600405) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 1215709742.85 yuan, a year-on-year decrease of 2.33%; The net profit attributable to the shareholders of the listed company was -41915731.68 yuan, up from 11070482.28 yuan in the same period of last year.
During the reporting period, the net cash flow from operating activities was 138254950.37 yuan, and the net assets attributable to shareholders of listed companies were 1037514405.17 yuan by the end of 2020.
In 2020, the company will continue to focus on electric energy conversion and energy utilization in the three major industries of data communication, smart energy and new energy vehicles. Guided by customer demand and driven by technological innovation, the company will provide customers with complete life cycle services from products to overall solutions. During the reporting period, the company comprehensively improved its operating capacity through a series of measures, such as improving the strategic layout, integrating internal resources, adhering to technological innovation, and strengthening the construction of marketing and service network. However, affected by the epidemic in 2020, the company’s operating performance fluctuated greatly, and its operating revenue and net profit in the first quarter decreased compared with the same period in 2019. In the second quarter, the domestic epidemic prevention gradually achieved results. At the same time, with the rapid growth of domestic 5g base station construction demand, the company’s orders increased greatly, and the supply exceeded the demand. The company’s operating revenue and net profit in the second and third quarters increased compared with those in the second and third quarters of 2019. In the fourth quarter, due to the delayed delivery of some orders due to customers, the company’s confirmed revenue orders decreased in the current year, the company’s sales expenses increased due to product iteration, the exchange loss increased due to exchange rate change, and the share based payment of employee stock ownership plan increased the current expenses, which resulted in the company’s performance loss in 2020.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 7.1848 million yuan. He Zhenya, the chairman and general manager of the board, received a total pre tax remuneration of 734000 yuan from the company; Hu Yiyuan, director, Secretary of the board of directors and chief financial officer, received a total pre tax remuneration of 535300 yuan from the company; Wang Xinsheng, director and executive deputy general manager, received a total pre tax remuneration of 553600 yuan from the company; Deputy general manager he Xiaoyong received a total pre tax remuneration of 507300 yuan from the company.
According to digbei.com, powersource is a high-tech enterprise focusing on R & D, manufacturing, sales and related technical services of power electronic technology related products.