Bank Of China Cashmere Industry ((000982): Net Profit Growth Of 24.99% In 2021

Bank of China cashmere (000982) released its 2021 annual report on the evening of March 31. The company realized a revenue of 433 million yuan in 2021, with a year-on-year growth of 206.20%; The net profit was 41.2677 million yuan, with a year-on-year increase of 24.99%; The net profit attributable to the shareholders of the listed company was 40.8743 million yuan, with a year-on-year increase of 23.80%; The basic earnings per share is 0.01 yuan; The roe of the average return on equity was 3.59%.

During the reporting period, with the recovery of textile industry, the company's operating revenue increased significantly compared with the same period of last year; During the reporting period, Ligu new energy Co., Ltd. and juhengyi New Material Co., Ltd. also contributed a lot of income sources. The company's operating profit and net profit attributable to the owners of the parent company increased significantly compared with the previous period, mainly due to the investment and acquisition of juhengyi New Material Co., Ltd. and Ligu new energy Co., Ltd., and the incorporation of new subsidiaries into the scope of the company's consolidated statements has a positive effect on the company's performance.

By the end of the reporting period, the company's net assets were 1.171 billion yuan, an increase of 3.67% compared with the same period last year, and the asset liability ratio was 12.86%. The net cash flows from operating activities, investment activities and financing activities were 21.697 million yuan, - 12.0457 million yuan and - 33.0944 million yuan, respectively, with a year-on-year increase of 151.54%, an increase of 83.19% and a decrease of 105.39%.