On the evening of August 26, Huaying Technology (000536.SZ) disclosed its semi-annual report that the company's operating revenue in the first half of this year was 1.55 billion yuan, up 91.90% year-on-year. The net loss attributable to shareholders of listed companies was 74.0675 million yuan, a year-on-year decline of 89.64%. Net loss attributable to shareholders of listed companies excluding non-recurring gains and losses was 239 million yuan, 67.95% narrower than last year.
Lin Jun, chairman of Huaying Technology, predicted that the company's annual revenue will exceed 3 billion yuan in 2021.
From this financial report, huaying Technology continues to adhere to the "large panel, small module" development strategy this year, the main business growth is significant, attributable to the shareholders of listed companies net profit of 74 million yuan, compared with the same period last year loss of 640 million yuan. Huaying Technology plans to further enhance the profitability of the company by expanding panel business capacity, improving scale effect and increasing the proportion of high value-added products in sales.
Compared with the same period last year, the revenue and profit of the subsidiaries with large changes are as follows:
1. In the first half of 2021, orders of subsidiary Huaguan Optoelectronics increased by about 33% compared with the same period of last year; And with the upgrading of consumption, display specifications tend to high-end, benefiting from the investment layout of new equipment and new technology in the past two years, Huaguan photoelectric in the first half of 2021 high-grade products increased by 395% year-on-year, net profit increased by 440% year-on-year.
2. Subsidiary Kelishi received 47.41 million yuan in sales revenue of precious metals during the reporting period, and its net profit turned positive.
3. Huajiacai achieved revenue of 1.131 billion yuan in this report period, an increase of 72% compared with the same period last year, and net profit of -0.18 billion yuan, a loss of 506 million yuan compared with the same period last year.
In addition, Huaying technology chairman Lin Jun in an interview, but also revealed the latest situation of some production lines.
"The company's existing panel production line, which has a capacity of 30,000 pieces per month, has been fully sold," Lin said, according to Caichina News Agency. "The supply of panel products is in short supply, and orders for the products have been lined up until early next year." According to its forecast, the company's annual revenue in 2021 will exceed 3 billion yuan.
After investing nearly 60 million yuan to upgrade technology, The panel production line's actual production capacity has been increased from 30,000 pieces per month to 33,000 pieces in A full-scale test in July, Lin said.
In view of the company's full production and sales, the net profit is negative, Lin Jun said, Huajiacai has actually generated profits, but due to the annual depreciation of nearly 700 million yuan, so the financial statements are difficult, and on the other hand, Huayin Technology still has similar to the non-profit unit left by Kerishi. In the future, non-performing assets will be stripped, and scale effect and amortized depreciation cost will be increased through private increase, and equity investment, mergers and acquisitions will be explored to build an industrial ecological chain.
