On March 19, amber (833164) recently released its 2020 annual report. During the reporting period, the company achieved operating revenue of 95407067.16 yuan, a year-on-year increase of 20.30%; the net profit attributable to shareholders of listed companies was 18178912.47 yuan, a year-on-year increase of 51.11%.
During the reporting period, the net cash flow from operating activities was 9620204.06 yuan, and the net assets belonging to the shareholders of the listed company were 82102823.43 yuan by the end of 2020.
The operating revenue was 95407067.16 yuan, an increase of 20.30% compared with the same period last year. This was due to the increase in sales of new customers and new products in the current period. The growth rate of all major products of the company was more than 10%, especially the LTB products, innovative products and other products of Eucalyptus citri, which increased by 127.32% in the current period.
The current sales expenses are 13969, 874.08 yuan, an increase of 27.26% over the same period of last year, which was higher than the increase of sales revenue. The increase was mainly due to the company’s increased salary expenses due to the increase of sales personnel and higher incentives for the development and development of new customers and new products. In addition, due to the increase of new customer development, business entertainment expenses and the company’s promotion also increased significantly, but the sales expense rate was only higher than the same period of last year 8 percentage points higher.
During the period, the financial expenses were -111742.79 yuan, an increase of 89.50% over the same period last year. The interest income increased due to the increase of deposit balance in the current period, resulting in a significant change in financial expenses.
During the period, the investment income was 218999.55 yuan, compared with 159827.88 yuan in the same period of last year, with a year-on-year increase of 37.02%. All the investment income was obtained from the company’s structural deposits.
According to the data of the excavation network, amber is a high-tech enterprise specializing in R & D, production and marketing of daily flavors.