On March 19, Dali Co., Ltd. (837785) recently released its 2020 annual report. During the reporting period, the company achieved operating revenue of 42265655.68 yuan, a year-on-year decrease of 15.57%%; the net profit attributable to shareholders of listed companies was 5060734.77 yuan, a year-on-year increase of 41.19%.
During the reporting period, the net cash flow from operating activities was 8523778.20 yuan, and the net assets belonging to the shareholders of the listed company were 120263148.84 yuan by the end of 2020.
The operating revenue was 42265655.68 yuan, a decrease of 7791945.97 yuan or 15.57% compared with the previous period. The main reason was that the business operation mode of the wholly-owned subsidiary changed, resulting in the original revenue from oil and gas sales changed to only receiving contract fees, resulting in a significant decrease in revenue.
The operating cost was 34952353.69 yuan, a year-on-year decrease of 20.61%. The main reason was that the subsidiary changed from independent operation to external leasing, and there was no purchasing cost after the change of operation mode, resulting in the decrease of operating cost.
The gross profit rate was 17.30%, an increase of 5.26 percentage points compared with the previous period. The main reason is that on the one hand, the change of the operation mode of the subsidiary company has brought about the improvement of the gross profit rate itself, on the other hand, the market has increased the strength of customer development this year, and the proportion of the corresponding supporting fee income has increased compared with the same period, resulting in the increase of the gross profit rate under the joint influence. During the period, the financial expenses were -1756803.11 yuan, compared with -2050482.60 yuan in the same period of last year.
According to the data of digbei.com, Juli Co., Ltd. is an urban natural gas operator within the jurisdiction of Zhaoyuan City, Shandong Province, which provides gas supply services and installation services of urban gas facilities and equipment for natural gas users in the region.