From January to June 2010, the company achieved operating income of 326 million yuan, an increase of 46.89%; realized operating profit of 1.9 million yuan, compared with -1.57 million yuan in the same period last year; realized total profit of 2.8 million yuan, an increase of 107.30%; The net profit of the company owner was 2.16 million yuan, an increase of 113.61% over the same period of last year; the basic earnings per share was 0.008 yuan.
Operating income increased significantly year-on-year. The company's main business includes rare earth permanent magnet materials and products, brown corundum series products, logistics equipment and control and information systems, diamond products and abrasive tools. The downstream demand is mainly concentrated in the metallurgical, chemical, electric power and other industries. Affected by the recovery of the downstream industry, the company's operating income increased significantly in the first half of the year. Among them, the main product NdFeB revenue increased by 87.01% year-on-year, accounting for 77.88%, and the gross profit margin was 12.37%, an increase of 0.71 percentage points year-on-year. In addition, the income of brown corundum series products increased by 53.36%; the revenue of logistics stereoscopic library business increased by 35.02%; the income of diamond products increased by 42.56%.
Gross profit margin has increased and management fees have increased significantly. The company's consolidated gross profit margin for the first half of the year was 14.33%, an increase of 0.42 percentage points year-on-year, mainly due to the increase in gross profit margin of NdFeB products. The administrative expenses were 28.81 million yuan, a year-on-year increase of 77.30%, and the management expense ratio was 8.58%, an increase of 1.47 percentage points year-on-year, mainly due to the increase in salary expenses, social insurance expenses, research and development expenses, and amortization expenses of intangible assets in the first half of the year. To.
Asset impairment losses are reversed to increase operating profit. In the first half of the year, asset impairment losses reversed to 1.12 million, accounting for 59.27% ​​of operating profit. Excluding the impact of asset impairment losses, the company realized a profit of only 770,000 yuan, and its profitability needs to be improved.
The asset-liability ratio is high and it faces short-term debt repayment risk. The company's total liabilities amounted to 1.48 billion yuan, and the asset-liability ratio reached 86.18%. It is mainly composed of short-term loans of 508 million yuan and 595 million yuan of notes payable. The maturity date of the notes payable is from July 14, 2010 to December 9, 2010, and the company faces a high risk of short-term debt repayment.
Operating income increased significantly year-on-year. The company's main business includes rare earth permanent magnet materials and products, brown corundum series products, logistics equipment and control and information systems, diamond products and abrasive tools. The downstream demand is mainly concentrated in the metallurgical, chemical, electric power and other industries. Affected by the recovery of the downstream industry, the company's operating income increased significantly in the first half of the year. Among them, the main product NdFeB revenue increased by 87.01% year-on-year, accounting for 77.88%, and the gross profit margin was 12.37%, an increase of 0.71 percentage points year-on-year. In addition, the income of brown corundum series products increased by 53.36%; the revenue of logistics stereoscopic library business increased by 35.02%; the income of diamond products increased by 42.56%.
Gross profit margin has increased and management fees have increased significantly. The company's consolidated gross profit margin for the first half of the year was 14.33%, an increase of 0.42 percentage points year-on-year, mainly due to the increase in gross profit margin of NdFeB products. The administrative expenses were 28.81 million yuan, a year-on-year increase of 77.30%, and the management expense ratio was 8.58%, an increase of 1.47 percentage points year-on-year, mainly due to the increase in salary expenses, social insurance expenses, research and development expenses, and amortization expenses of intangible assets in the first half of the year. To.
Asset impairment losses are reversed to increase operating profit. In the first half of the year, asset impairment losses reversed to 1.12 million, accounting for 59.27% ​​of operating profit. Excluding the impact of asset impairment losses, the company realized a profit of only 770,000 yuan, and its profitability needs to be improved.
The asset-liability ratio is high and it faces short-term debt repayment risk. The company's total liabilities amounted to 1.48 billion yuan, and the asset-liability ratio reached 86.18%. It is mainly composed of short-term loans of 508 million yuan and 595 million yuan of notes payable. The maturity date of the notes payable is from July 14, 2010 to December 9, 2010, and the company faces a high risk of short-term debt repayment.
Stainless Steel Cutting Board Rack
Cutting Board Rack,Cutting Board steel rack,Cutting Board Organizer rack,Stainless Steel Cutting Board Rack,Chopping Board Rack,Stainless Steel Chopping Board Rack, The materials are used 304 stainless steel, easy to clean, never rust!
Kichen Rack is made of high quality 304 stainless steel, This kind of material steel luxury, never rust, resist corruption, easily clean, safe, healthy and durable. Prevent rust or chemicals from contaminating food and damaging health
Cutting Board Storage Rack,Cutting Board Holder,Stainless Steel Cutting Board Rack,Chopping Board Rack
Shenzhen Lanejoy Technology Co.,LTD , https://www.grill-grid.com