On May 6, Nanfang Co., Ltd. (600250) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 958947206.65 yuan, a year-on-year decrease of 0.94%; The net profit attributable to the shareholders of the listed company was 21828878.02 yuan, a year-on-year decrease of 80.76%.
During the reporting period, the net cash flow from operating activities was 164557424.56 yuan, and the net assets attributable to shareholders of listed companies were 940008097.51 yuan by the end of 2020.
Novel coronavirus pneumonia was the 959 million largest operating revenue in 2020, down 0.94% from the same period last year. The export volume, the number of business trips on the water, the number of new tours to the department store and retail business were all lower than that of the same period last year. The net profit attributable to the shareholders of the listed company was 21.8289 million yuan, down 80.76% compared with the same period last year. Mainly affected by the epidemic situation and the appreciation of the RMB exchange rate, the operating performance of the company’s joint ventures declined sharply, and the company’s investment income decreased year on year. Excluding the impact of the investment income of the joint ventures, the net profit attributable to the parent company was basically the same as that of the previous year.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 3.056 million yuan. Xu Dejian, chairman of the board, received a total pre tax remuneration of 650900 yuan from the company, Ma Huandong, chief financial officer, 520700 yuan from the company, and Zhang Jinyuan, director, deputy general manager and Secretary of the board of directors, 520700 yuan from the company.
Dig Beiwang data show that South Textile shares business mainly involves commercial trade and tourism two plates. Trade business is the company’s traditional business, and tourism business is the company’s transformation and development direction.