Media coverage
Guoli's revenue in the first half of the year increased by 75% year-on-year
Release time：2019-9-6 18:46:00
Author：admin
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Shanghai Stock Exchange China Securities Network News National Science and technology released the 2019 semi annual performance report a few days ago. During the reporting period, the company realized an operating income of 874108700 yuan, a year-on-year increase of 74.91%; The net operating cash flow was 11.432 million yuan, an increase of 247.18% year-on-year; The net profit attributable to the shareholders of the listed company was 23.6059 million yuan.
The volume and price of core products have risen at the same time, and many businesses have developed by leaps and bounds
According to the data of the Bureau of statistics, from January to June 2019, the added value of industries above designated size increased by 6.00% year-on-year, of which the rubber and plastic products industry increased by 4.70% year-on-year. In this context, the company made timely adjustments and deployment according to the actual situation of the market. With its unique product formula, high-quality product performance, professional after-sales service, stable customer base and advanced production mode, not only the profitability of many businesses was further improved, but also the performance of six business segments was increased across the board, significantly outperforming the general trend of the rubber and plastics industry, and the total order volume also achieved explosive growth.
The announcement shows that in terms of gross profit margin, the gross profit margin of the three main businesses has increased against the market. The gross profit margin of TPR environmental protection modified materials (including products), modified engineering plastics and knitted products increased by 4.08%, 4.43% and 59.54% respectively; In terms of revenue, the performance of the six major business segments increased across the board. The revenue of the four major businesses of knitted products, modified engineering plastics and auto parts, and trade revenue doubled year-on-year in the first half of the year, increasing by 238.30%, 215.09%, 123.50%, and 100.00% respectively. The other two businesses grew steadily, and the revenue of EVA environmentally friendly modified materials (including products) increased by 11.87% year-on-year.
The industrial chain layout has achieved remarkable results, and the business structure has been continuously optimized
It is reported that the company has always taken environmental protection, energy conservation and sustainable development as the direction. Based on its unique technology and resource advantages in the field of modified plastics, it has built an energy-saving, low-carbon and environmental protection ecological industrial chain through endogenous and external means, and adopted a vertically integrated business model to improve quality, efficiency and risk resistance. According to public information, since 2018, the company has set up a number of holding or shareholding subsidiaries, including national flying fabric, national supply chain, national precision and national Baoquan. At present, the industrial chain has been extended to knitting products, auto parts, supply chain management and other fields.
With the continuous improvement of the company's industrial chain and the continuous optimization of its business structure, the business layout has achieved initial results: the proportion of trade income and modified engineering plastics business has increased significantly from 18.10% and 6.49% respectively in the same period of the previous year to 35.01% and 8.30%; In addition, the newly added auto parts business accounted for 8.06%, contributing to the company's performance.
R & D investment has increased significantly, and product performance has been widely recognized by well-known manufacturers
The company has always attached importance to R & D and has long adhered to technological innovation. During the reporting period, the company's R & D expenditure was 24.7188 million yuan, R & D investment increased by 55.50% year-on-year, and the number of R & D personnel increased from 90 to 205, an increase of 127.78%. The high proportion of R & D investment and high-standard staffing provide continuous impetus for the company's technological leadership and innovation. Up to now, the company has 6086 formulas, which can meet the diverse needs of downstream customers and the characteristics of fast industry update.
Based on the recognition of the company's technology and products, many well-known manufacturers at home and abroad have listed the company as a material supplier. In the field of EVA \ TPR environmentally friendly modified materials (including products), the company's main customers include caloch, skedge, Disney, Decathlon, Wal Mart, Xiaomi, Saturday, etc; In the field of modified engineering plastics, the main customers include Guoen, Hisense, Skyworth, Foxconn, Dr. Yu, Liu Qi, etc; In the field of auto parts, the main customers include Chang'an Automobile, Dongfeng Xiaokang, Liuzhou Wuling and so on. High quality customer resources not only guarantee the company's performance, but also enhance the company's market influence, attract and win more customer resources and lay a solid foundation for the company's development by serving brand customers.
The company said that in the second half of the year, it will continue to increase R & D efforts, drive product upgrading with technological innovation, continue to improve operating efficiency and efficiency, improve the company's market share and industry position, give play to the capital operation advantages of listed companies, and accelerate the development of new application fields and market layout. (Huang Shu)
The volume and price of core products have risen at the same time, and many businesses have developed by leaps and bounds
According to the data of the Bureau of statistics, from January to June 2019, the added value of industries above designated size increased by 6.00% year-on-year, of which the rubber and plastic products industry increased by 4.70% year-on-year. In this context, the company made timely adjustments and deployment according to the actual situation of the market. With its unique product formula, high-quality product performance, professional after-sales service, stable customer base and advanced production mode, not only the profitability of many businesses was further improved, but also the performance of six business segments was increased across the board, significantly outperforming the general trend of the rubber and plastics industry, and the total order volume also achieved explosive growth.
The announcement shows that in terms of gross profit margin, the gross profit margin of the three main businesses has increased against the market. The gross profit margin of TPR environmental protection modified materials (including products), modified engineering plastics and knitted products increased by 4.08%, 4.43% and 59.54% respectively; In terms of revenue, the performance of the six major business segments increased across the board. The revenue of the four major businesses of knitted products, modified engineering plastics and auto parts, and trade revenue doubled year-on-year in the first half of the year, increasing by 238.30%, 215.09%, 123.50%, and 100.00% respectively. The other two businesses grew steadily, and the revenue of EVA environmentally friendly modified materials (including products) increased by 11.87% year-on-year.
The industrial chain layout has achieved remarkable results, and the business structure has been continuously optimized
It is reported that the company has always taken environmental protection, energy conservation and sustainable development as the direction. Based on its unique technology and resource advantages in the field of modified plastics, it has built an energy-saving, low-carbon and environmental protection ecological industrial chain through endogenous and external means, and adopted a vertically integrated business model to improve quality, efficiency and risk resistance. According to public information, since 2018, the company has set up a number of holding or shareholding subsidiaries, including national flying fabric, national supply chain, national precision and national Baoquan. At present, the industrial chain has been extended to knitting products, auto parts, supply chain management and other fields.
With the continuous improvement of the company's industrial chain and the continuous optimization of its business structure, the business layout has achieved initial results: the proportion of trade income and modified engineering plastics business has increased significantly from 18.10% and 6.49% respectively in the same period of the previous year to 35.01% and 8.30%; In addition, the newly added auto parts business accounted for 8.06%, contributing to the company's performance.
R & D investment has increased significantly, and product performance has been widely recognized by well-known manufacturers
The company has always attached importance to R & D and has long adhered to technological innovation. During the reporting period, the company's R & D expenditure was 24.7188 million yuan, R & D investment increased by 55.50% year-on-year, and the number of R & D personnel increased from 90 to 205, an increase of 127.78%. The high proportion of R & D investment and high-standard staffing provide continuous impetus for the company's technological leadership and innovation. Up to now, the company has 6086 formulas, which can meet the diverse needs of downstream customers and the characteristics of fast industry update.
Based on the recognition of the company's technology and products, many well-known manufacturers at home and abroad have listed the company as a material supplier. In the field of EVA \ TPR environmentally friendly modified materials (including products), the company's main customers include caloch, skedge, Disney, Decathlon, Wal Mart, Xiaomi, Saturday, etc; In the field of modified engineering plastics, the main customers include Guoen, Hisense, Skyworth, Foxconn, Dr. Yu, Liu Qi, etc; In the field of auto parts, the main customers include Chang'an Automobile, Dongfeng Xiaokang, Liuzhou Wuling and so on. High quality customer resources not only guarantee the company's performance, but also enhance the company's market influence, attract and win more customer resources and lay a solid foundation for the company's development by serving brand customers.
The company said that in the second half of the year, it will continue to increase R & D efforts, drive product upgrading with technological innovation, continue to improve operating efficiency and efficiency, improve the company's market share and industry position, give play to the capital operation advantages of listed companies, and accelerate the development of new application fields and market layout. (Huang Shu)
