Jiangsu Thorpe's net profit in 2021 is 2.412 billion, a year-on-year increase of 942.75%

On February 23, Jiangsu Thorpe (600746) released the 2021 annual performance bulletin announcement.
The announcement showed that the total operating income from January to December 2021 was 8,004,523,100 yuan, an increase of 110.
91% over the same period last year; the net profit attributable to shareholders of listed companies.
The profit was 2,411,960,700 yuan, an increase of 942.
75% over the same period of the previous year
.

According to the announcement, the total assets of Jiangsu Thorpe were 7,103,681,400 yuan, an increase of 99.
25% over the beginning of the reporting period; the basic earnings per share was 2.
12 yuan, compared with 0.
22 yuan in the same period last year
.

During the reporting period, the prices of the company's main products, acetic acid and derivatives, increased significantly year-on-year due to factors such as the improvement in market supply and demand and the relatively high prosperity of the domestic chemical industry
.
In 2021, the company realized a total operating income of 8,004,523,100 yuan, a year-on-year increase of 110.
91%; realized a net profit attributable to shareholders of the listed company of 2,411,960,700 yuan, a year-on-year increase of 942.
75%; realized a net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses 2,402,093,900 yuan, a year-on-year increase of 896.
10%; as of the end of the reporting period, the company's total assets were 7,103,681,400 yuan, an increase of 99.
25% over the beginning of the reporting period
.

During the reporting period, the company's total operating income, operating profit, total profit, net profit attributable to shareholders of the listed company, net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses, basic earnings per share, weighted average return on equity Compared with the same period of last year, the changes ranged by more than 30%; as of the end of the reporting period, the company's total assets and owners' equity attributable to shareholders of listed companies changed by more than 30% from the beginning of the reporting period
.
The main reasons for the substantial changes in the above items are that the prices of the company's main products have increased significantly year-on-year, and the operating income has increased significantly, and the increase has exceeded the increase in costs and period expenses
.

Jiangsu Thorpe is a chemical raw material and chemical product manufacturing industry (C26).
Its main business includes the production and sales of glacial acetic acid, ethyl acetate, sulfuric acid, ADC/XPE/IXPE foaming agent and other products
.