Huawen group Kitchen Square Tandem System

Huawen group disclosed its annual report on Kitchen Square Tandem System April 15, 2020. In 2019, the company realized a total operating revenue of 3.92 billion yuan, a year-on-year increase of 3.6%; the net profit attributable to the parent company was 100 million yuan, which was -4.99 billion yuan in the same period of the previous year, turning losses into profits on a year-on-year basis; and the earnings per share was 0.05 yuan. During the reporting period, the company's gross profit rate was 24.6%, basically maintaining the level of the previous year, and the net profit rate was 9.3%, increased by 139.6 percentage points year on year.

The operating cost of the company in 2019 was 2.96 billion, with a year-on-year increase of 3.9%, which was higher than the growth rate of 3.6% of operating revenue, resulting in a decrease China Cabinet Hinges of 0.2% in gross profit rate. The period cost rate was 24.1%, 3% lower than last Drawer Slide Damper Manufacturer year, and the cost control was reasonable. The company's R & D investment in this period was 51.485 million, a year-on-year decrease of 17.6%. All R & D investment is expensed and not capitalized.

From the perspective of business structure, "information communication service industry" is the main source of business income of enterprises. Specifically, the operating revenue of "information communication service industry" was 1.65 billion, accounting for 42.5% of the total revenue, and the gross profit rate was 16.7%.

Disclaimer: This paper is based on the production of big data, for reference only, and does not constitute any investment suggestions. Therefore, the operation risk Drawer Slide Factory shall be borne by yourself.

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