On May 8, Tanaka Technology (839224) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 166806247.04 yuan, up 18.40% year on year; The net profit attributable to the shareholders of the listed company was 30615285.09 yuan, up 22.37% year on year.
During the reporting period, the net cash flow from operating activities was -22585410.52 yuan, and the net assets belonging to the shareholders of the listed company was 180254227.74 yuan by the end of 2020.
During the reporting period, the sales expenses were 1896730.81 yuan, a decrease of 39.88% over the same period of last year, mainly because the export expenses and travel expenses of the company were greatly reduced due to the impact of the epidemic. The operating profit was 34975868.70 yuan, up 32.41% over the same period of last year, mainly due to the company’s development of new products, the increase of new products and the increase of business orders.
According to the data of digbei.com, Tanaka technology is a high-tech enterprise with original polymer material technology application technology and precision machining ability, mainly engaged in the R & D, production and sales of rubber damping auto parts.