On May 8, Haitai Xinneng (835985) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 2649683751.00 yuan, up 38.12% year on year; The net profit attributable to the shareholders of the listed company was 62045612.42 yuan, up 3.95% year on year.
During the reporting period, the net cash flow from operating activities was 84509671.69 yuan, and the net assets belonging to shareholders of listed companies were 517770980.15 yuan by the end of 2020.
During the reporting period, the amount of operating revenue in the current period was 2649683751.00 yuan, up 38.12% compared with the same period of last year, mainly due to the company’s new component production line to further develop production capacity, and vigorously carry out domestic and foreign sales business, resulting in increased sales and operating revenue. During the reporting period, the parent company contributed 2383884810.94 yuan of income, and the production base of the Vietnam subsidiary gave full play to its production capacity, contributing 255949046.09 yuan of income.
The amount of operating cost in the current period was 2326520091.93 yuan, up 41.50% compared with the same period of last year, mainly due to the increase of operating revenue and corresponding increase of cost.
According to the data of digbei.com, Haitai Xinneng specializes in the production of solar cell module products, is committed to providing high-quality photovoltaic products and services for the society, fully promotes clean energy, continuously carries out scientific and technological research and development, continuously improves product quality, and continuously reduces the cost of photovoltaic power generation.