On March 15, Huafan Technology (872152) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 38436663.73 yuan, a year-on-year decrease of 21.34%; the net profit attributable to shareholders of listed companies was 7300960.54 yuan, a year-on-year decrease of 37.81%.
During the reporting period, the net cash flow from operating activities was 7975977.22 yuan, and the net assets belonging to the shareholders of the listed company was 118199571.07 yuan by the end of 2020.
During the reporting period, the operating profit was 8391110.95 yuan, a decrease of 37.91% compared with the previous year, which was mainly due to the decrease of income in the current year; the non operating income was 0.93 yuan, a decrease of 100% compared with the previous year, which was mainly due to the decrease of government subsidies not belonging to other income received in the current year; the non operating expenditure was 429.00 yuan, a decrease of 77.63% compared with the previous year, The main reason is that the loss of non current assets is reduced, and the net profit is 7300960.54 yuan, which is 37.81% lower than that of the previous year.
The financial expenses were 555382.56 yuan, an increase of 289.37% over the previous year, mainly due to the change of US dollar exchange rate. Last year, the main reason for the increase in the return on idle funds was 348549.97%, which was lower than that in the report period.
According to the data of digbei.com, Huafan technology, supported by its own computer software copyright and core technology, carries out product research and development around customer needs and technology trends, and can provide flexible technical guidance and supporting services for different customers, different projects and different geographical conditions, so as to ensure the competitive advantage of comprehensive cost performance of products.