On March 5, Jinggong steel structure (600496) released the 2020 annual performance bulletin, which showed that the total operating revenue from January to December 2020 was 11531793700 yuan, an increase of 12.67% over the same period of last year; the net profit attributable to shareholders of listed companies was 652294600 yuan, an increase of 61.73% over the same period of last year.
According to the announcement, the total assets of Seiko steel structure was 15845.5099 million yuan, an increase of 15.11% over the beginning of this report period; the basic earnings per share was 0.3473 yuan, compared with 0.2228 yuan in the same period of last year.
In 2020, the company realized an operating revenue of 11.532 billion yuan, an increase of 12.67% over the same period of last year; an operating profit of 669 million yuan, an increase of 67.71% over the same period of last year; a total profit of 680 million yuan, an increase of 66.67% over the same period of last year; a net profit attributable to shareholders of listed companies of 652 million yuan, an increase of 61.73% over the same period of last year; and a net profit attributable to shareholders of listed companies deducting non recurring profits and losses of 599 million yuan, A year-on-year increase of 63.37%.
The main reasons for the growth of the company’s profit index are as follows: 1. The company’s EPC and assembly business are well developed, and the proportion of new business income continues to increase, which further improves the profit level. At the same time, the company is constantly improving the order quality, strengthening the project operation, and improving the project profit level. 2. The company’s business undertaking continued to improve. On the basis of 14.042 billion yuan of orders in 2019, the amount of business undertaking in 2020 was 18.368 billion yuan, including 5.636 billion yuan of EPC and prefabricated construction business undertaking, which reached a record high, promoting the continuous growth of operating revenue and profit.
In 2020, the owner’s equity of the Company attributable to the shareholders of the listed company was 6.846 billion yuan, an increase of 30.06% compared with the beginning of the reporting period, mainly due to the non-public issuance of shares in 2020 and the net fund raised of 990 million yuan.
According to the data of digbei.com, the products and services provided by Seiko steel structure have changed in the process of transforming into EPC general contractor: from the original processing and installation of steel structural parts to the provision of overall construction products. From the perspective of customer types, the company’s construction product system can be divided into three categories: public construction, industrial and residential.