On March 27, Ge’er (002241) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 57742742893.96 yuan, up 64.29% year on year; the net profit attributable to shareholders of listed companies was 2848007269.61 yuan, up 122.41% year on year.
During the reporting period, the net cash flow from operating activities was 7682256113.68 yuan, and the net assets attributable to shareholders of listed companies were 1965352273.26 yuan by the end of 2020.
In the middle of 2020, the world economy will be in severe recession, the circulation of global industrial chain and supply chain will be blocked, the international trade and investment will shrink, the commodity market will be turbulent, and the international political and economic environment will be more complicated. According to the statistics of IDC, a well-known consulting agency, the global smartphone industry’s total shipment in 2020 is about 1.292 billion units, a year-on-year decrease of about 5.9%. The decline in the shipment of smart phone products has brought a certain adverse impact on the company’s precision parts business related to smart phones.
During the reporting period, the company continued to adhere to the development strategy of “precision components + intelligent hardware complete machine”, and actively promoted the development of precision components such as acoustics, microelectronics, optics, structural parts and intelligent hardware products such as intelligent wireless headset, virtual / augmented reality, intelligent wearable, intelligent home, especially in the fields of precision components, intelligent wireless headset, vr virtual reality, etc We have made rapid progress in our business, actively responded to COVID-19, and made every effort to carry out epidemic prevention and control, resuming work and resuming production, and achieved good results, which ensured the smooth development of production and operation activities. We continued to focus on core customers in the global technology and consumer electronics industry, constantly expanding and optimizing business layout around customer strategy, and constantly improving customer service level. To continuously improve customer relationship, customer business development activities are fruitful; adhere to independent R & D and technological innovation, continue to invest in R & D, actively lay out SIP system level packaging technology, optical waveguide technology, nano imprinting technology and other emerging technology fields, and constantly enhance the company’s core competitiveness; continue to promote the company’s internal changes, so that the concept of change deeply rooted in the hearts of the people, and enhance the company’s governance The structure is more perfect, the decision-making operation is more efficient, and the operation management level has been significantly improved, which has laid a good foundation for the further development of the company in the future.
During the reporting period, the financial expenses were 490688772.09 yuan, a year-on-year increase of 34.92%. During the reporting period, the exchange loss increased. During the period, the investment income was 138553145.35 yuan, compared with -159710388.06 yuan in the same period of last year.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 15.52 million yuan. Jiang Bin, chairman of the board, received a total of 1.8 million yuan of pre tax remuneration from the company; Jiang long, vice chairman and President, received a total of 1.8 million yuan of pre tax remuneration from the company; Duan Huilu, director, vice president and chief financial officer, received a total of 1.2 million yuan of pre tax remuneration from the company; Jia Junan, vice president and Secretary of the board, received a total of 1.2 million yuan of pre tax remuneration from the company.
According to the announcement, the profit distribution plan of the company approved by the board of directors is as follows: Based on the total share capital registered on the registration date of equity distribution deducting the shares repurchased in the company’s special account for repurchase, cash dividends of 1.50 yuan (tax included) per 10 shares will be distributed to all shareholders, bonus shares of 0 shares (tax included) will be given, and no accumulation fund will be used to increase share capital.
According to the data of digbei.com, Goethe is committed to serving the leading customers in the global technology and consumer electronics industry, providing customers with product solutions of vertical integration of precision components and intelligent hardware, as well as related design, research and development and manufacturing services.