Jiangsu Sunshine (600220):2019 Net Profit 70 Million 76 Thousand And 300 Decline 48.47%

In April 27th, Jiangsu sunshine (600220) released its annual report in 2019, announcements that the revenue in the reporting period was 2349026226.65 yuan, down 2.94% compared with the same period last year. The net profit attributable to shareholders of listed companies was 70076297.17 yuan, down 48.47% compared with the same period last year; the basic earnings per share were 0.0393 yuan, compared with 0.0763 yuan in the same period last year.

As of December 31, 2019, the net assets of Jiangsu sunlight attributable to shareholders of listed companies were 2179676799.83 yuan, down 0.55% from the end of last year, and net cash flow from operating activities was 146756605.96 yuan, compared with 137976797.24 yuan in the same period last year.

It is understood that in 2019, the company achieved operating income of 2 billion 349 million yuan, down 2.94% compared to the same period last year, operating profit 171 million yuan, down 6.87% compared with the same period last year; net profit attributable to the owners of the parent company was 70 million yuan, down 48.47% compared to the same period last year. Operating profit has declined slightly, and net profit attributable to the owners of the parent company has declined, mainly due to the decrease in the sales of the wool textile industry and the decrease in total profits.

The business income of textile business was 1 billion 639 million yuan, 7.44% less than the same period last year, and the operating cost was 1 billion 338 million yuan, a decrease of 4.19% compared with the same period last year, and the gross profit margin was 18.37%, a decrease of 2.77 percentage points over the same period last year. According to the analysis of main business income, the income of domestic sales was 1 billion 55 million yuan, 7.51% lower than that of the same period last year, and the income from export sales was 584 million yuan, which was 7.31% lower than that of the same period last year. According to the products, the fabric decreased by 7.07% compared with the same period last year.

The business revenue of thermoelectric business was 658 million yuan, an increase of 8.96% over the same period last year. The operating cost was 481 million yuan, a decrease of 2.30% compared with the same period last year, and the gross profit margin was 26.87%, an increase of 8.43 percentage points over the same period last year.

Statistics show that Jiangsu sunshine is mainly engaged in the production and sale of woolen fabrics and electric steam.