During the reporting period, the company achieved an operating revenue of 2,171,826,100 yuan, with a year-on-year increase of 10.19%. The operating profit was 347.176 million yuan, with a year-on-year increase of 102.11%. The total profit was 348.5308 million yuan, with a year-on-year increase of 101.46%. The net profit attributable to the shareholders of the listed company was 266.2097 million yuan, a year-on-year increase of 170.13%.
The compressor business contributes greatly to the revenue
During the reporting period, the company's compressor business realized an operating revenue of 948,660,300 yuan and a gross profit of 33.38%. The vacuum pump business realized an operating revenue of 179,148,900 yuan and a gross profit margin of 38.46%. The operating income of cutting tool business is 660,795,500 yuan, with a gross profit margin of 42.48%. The hydraulic pump business realized an operating revenue of 200.4183 million yuan and a gross profit margin of 25.20%. The precision transmission parts business realized an operating revenue of 182.8031 million yuan, with a gross profit margin of 21.31%.
R & D investment increased by 16.97% year on year
The company has established Zhejiang Postdoctoral Workstation, Zhejiang Provincial Enterprise Research Institute, Jiangsu Enterprise Technology Center, Ningbo Enterprise Engineering Technology Center and other research centers. At the same time, the company actively cooperates with colleges and universities, and has established long-term cooperative relations with Xi'an Jiaotong University and Zhejiang University.
The company focused on R & D investment and intellectual property protection. During the reporting period, the company's R & D investment was 103.4985 million yuan, a year-on-year increase of 16.97%. By the end of the reporting period, the company had 394 R & D personnel and had 690 valid patents, including 47 invention patents, 606 utility model patents and 37 appearance patents.
Domestic sales accounted for 99.72% of the company's performance
From the perspective of business division, the accounts receivable of the company in East China accounted for a large proportion of the total revenue, accounting for 69.82%, and the total revenue was 1.516 billion yuan, an increase of 11.18% compared with the same period last year. The proportion of revenue in South China followed closely, with 220 million yuan, or 9.75%, an increase of 8.06% over the same period last year. It is noteworthy that the company's revenue in Central China and Northeast China increased by 28.29% and 65.21%, and the growth trend in this region is very impressive.
Although overseas business accounted for only 2.69%, the total revenue was 580 million yuan, an increase of 8.14% over the same period last year.
About Baosi Energy Equipment
It is a company engaged in the research and development of high-end compressor, precision parts manufacturing, precision transmission and other businesses, mainly focusing on the production and sales of complete sets of hydraulic pump and precision parts.
In the future, as China continues to strengthen the promotion of industrial transformation and upgrading, the momentum of rapid industrial development will continue, and the air compressor industry will also be further developed. At present, the company is in an advanced position in the field of R & D, innovation and manufacturing of screw compressor in China. Screw host produced by Baosi Energy Equipment has been rated as the fifth batch of national single champion products in manufacturing industry.
The company will continue to implement the product strategic positioning of energy conservation, environmental protection and import substitution, set product development goals, focus on the cultivation of core technologies, as well as increase research and development and investment in new products, striving to achieve energy-saving upgrading and import substitution in the medium and high-end market in the field of industrial manufacturing, and seize the domestic medium and high-end market.
