On May 8, xinyingtai (838526) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 152989596.63 yuan, up 1.15% year on year; The net profit attributable to the shareholders of the listed company was 46825174.27 yuan, up 50.32% year on year.
During the reporting period, the net cash flow from operating activities was -10983540.21 yuan, and the net assets belonging to the shareholders of the listed company was 172395704.61 yuan by the end of 2020.
During the reporting period, the operating income was 152989596.63 yuan, an increase of 1.15% over the same period last year. The main reason is that the income of safety monitoring products with relatively high gross profit rate during the reporting period increased compared with that of the previous year. Financial expenses amounted to 305760.46 yuan, an increase of 58.67% over the same period of last year. The main reason is that the company’s bank loans increased more during the reporting period.
According to the data of digbei network, xinyingtai is a high-tech enterprise focusing on the security field of smart grid. Focusing on the core requirements of power grid security monitoring and security protection, it takes algorithm and software development as the underlying core competence, and provides comprehensive solutions for the safe operation of smart grid for customers in electric power and other industries through the application of optoelectronic sensor, Internet of things and other new generation information technologies.