On April 21, sanlida (831326) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 49022667.84 yuan, up 1.82% year on year; The net profit attributable to the shareholders of the listed company was 2576758.86 yuan, up 37.48% year on year.
During the reporting period, the net cash flow from operating activities was 6175631.09 yuan, and the net assets belonging to shareholders of listed companies were 37006789.02 yuan by the end of 2020.
During the reporting period, the company’s operating income was 49022667.84 yuan, up 1.82% year on year, basically the same as that of the previous year. Novel coronavirus pneumonia novel coronavirus pneumonia affected the company’s catering, lodging and archery service revenues. However, the use of Amazon + overseas warehouse + single product explosion mode in the US market has successfully opened up the B2C online market in the US, and the income of arrow has increased significantly. So the overall income of the company in 2020 under the new crown pneumonia epidemic situation and Sino US relations changes has not declined.
During the reporting period, the gross profit rate was 33.95%, which was 2.22% lower than that of the previous year. This was mainly due to the implementation of the new revenue standard. The freight in the sales expenses was transferred into the operating cost of 1704252.58 yuan. Last year, the gross profit rate was 34% after adjustment according to the new income standard, which was basically the same as that in the reporting period.
According to digbei.com, sanlida is specialized in the research, development, design, manufacturing and sales of bow and arrow and related products. It has nearly 20 years of industry experience. Its products are mainly used for training, competition, hunting, leisure, entertainment and fitness. Its customers include bow and arrow lovers, training and competition crowd, etc.