Langdi Group disclosed its annual report on April 19, 2022. The company achieved a total operating revenue of 1.82 billion in 2021, increasing by 29.9% on a year-on-year basis. The net profit attributable to the parent company was 150 million, increasing by 31.7% on a year-on-year basis, which hit a record high in recent three years.
The revenue of household air conditioning blades in this period has made a great contribution.
From the perspective of business structure, household air conditioning blades were the main source of business income. Specifically, the operating revenue of household air conditioning blades was 1.19 billion, accounting for 66.6% of revenue and 22.1% of gross profit margin.
Domestic business accounted for more than 95%, with a revenue of 1.697 billion yuan.
From a regional perspective, the company's domestic and foreign businesses have shown a certain degree of growth. Among them, the domestic revenue was 1.697 billion yuan, accounting for more than 95% of the main revenue, increasing by 30.73% compared with the same period last year. Overseas revenue was 85 million yuan, with an increase of 15.65% over the same period last year.
The period cost is 230 million yuan and the operating cost 1.45 billion yuan.
In 2021, the operating cost of the company was 1.45 billion, increase by 35.6% on a year-on-year basis, which is higher than the growth rate of 29.9% of operating revenue, resulting in a decrease in gross profit margin of 3.3%. The cost rate during the period was 12.5%, down 0.9 percentage points from last year.
Statistics show that there are mainly three business segments in Langdi Group: household air conditioning blades, mechanical fans and composite materials. As a professional manufacturer of fan blades and fans, the company's R & D capacity, production capacity and product quality have been widely recognized by customers. Its core customers have covered Gree, Midea, Haier Group, Hisense, Changhong, TCL, AUX, LG, Mitsubishi Heavy , Daikin, Panasonic Group, Samsung, Ingersoll Rand, Trane, Carrier, BROAD Group, Tica , Envicool, etc. There is no doubt that Langdi Group has many advantages in good customer resource.
