On March 15, Hanyu group (300403) recently released its 2020 annual report. During the reporting period, the company achieved operating revenue of 938390104.99 yuan, an increase of 8.64% over the same period last year; the net profit attributable to shareholders of listed companies was 204598538.70 yuan, an increase of 25.47% over the same period last year.
During the reporting period, the net cash flow from operating activities was 187054733.49 yuan, and the net assets attributable to shareholders of listed companies were 1504461434.22 yuan by the end of 2020.
During the reporting period, the company continued to implement the production capacity of drainage pump products, at the same time, continued to improve the company’s automatic manufacturing capacity and testing level, and further strengthened the overall management and control of product quality. The production and sales volume of the innovative series of drainage pump accessories for household appliances has been continuously improved, which has effectively consolidated the company’s leading position in the global market of drainage pump for household appliances. The market promotion of the new efficient integrated drainage pump products is progressing smoothly, and the sales proportion continues to increase. With the promotion of globalization strategy and the exploration of overseas business model, the business of Thailand subsidiary has been developing steadily.
During the period, the financial expenses were 2718244.16 yuan, compared with – 12916370.03 yuan in the same period of last year, which was mainly caused by the increase of exchange loss and interest expense due to the appreciation of RMB. During the period, the investment income was 20289502.47 yuan, compared with 3880166.00 yuan in the same period of last year, a year-on-year decrease, mainly due to equity investment income and foreign exchange forward delivery income.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 5.462 million yuan. Shi Huashan, the chairman and general manager of the board, received a total pre tax remuneration of 887400 yuan from the company, Ma chunshou, the director, deputy general manager and chief financial officer, received a total pre tax remuneration of 870900 yuan from the company, and Shi shengmei, the Secretary of the board of directors and deputy general manager, received a total pre tax remuneration of 349000 yuan from the company.
According to the announcement, the company’s profit distribution plan approved by the board of directors is as follows: with 603 million shares as the base, cash dividend of 1.1 yuan (including tax) will be distributed to all shareholders for every 10 shares, bonus shares of 0 shares (including tax) will be given, and capital accumulation fund will be used to transfer 0 shares to all shareholders for every 10 shares.
According to our data, Hanyu group’s main business is R & D, production and sales of high-efficiency and energy-saving drainage pumps for household appliances.