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On the evening of August 17, Asia Chuangneng released the 2021 semi-annual report
.
The financial report shows that in the first half of 2021, Asia Chuangneng achieved revenue of 2.
304 billion yuan, a substantial increase of 81.
22% year-on-year, and net profit attributable to the parent company was 59.
82 million yuan, a year-on-year decrease of 45.
99%
.
In response to the substantial reduction in net profit, Asia Chuangneng said that in the first half of this year, the company increased market development and investment, which led to the increase in sales of main products and an increase in market share
.
The decrease in profit was mainly due to the substantial increase in the purchase price of raw materials, the decrease in comprehensive gross profit margin, and the corresponding increase in expenses caused by the substantial increase in superimposed personnel
.
The following is the main operating data for the first half of 2021 released by Astronergy in conjunction with the financial report, which lists the changes in the purchase price of main raw materials
.
At the same time, the data announcement also listed the production and sales of Asia Chuangneng's main business income in the first half of the year
.
The table shows that the home improvement coating segment in functional coatings has grown at an alarming rate.
This is mainly due to the fact that most cities are no longer affected by the epidemic in the first half of 2021, and people's daily lives are gradually restored
.
So far, leading domestic coating companies have released their half-year financial reports, and it is worth mentioning that among the many corporate financial reports that have been released, Asia Chuangneng is one of the few companies that have greatly reduced their net profits
.
Nippon China
the first half of 2021, the state legislature China revenues of 10.
3 billion yuan, accounting for 35.
24% of total revenue in the first half of Nippon Paint, an increase of 55%
.
Operating profit was 1.
1 billion yuan, a year-on-year increase of 4.
4%
.
Three Trees
2021 revenues of 4.
683 billion yuan in the first half three trees, an increase of 80.
51%; owned by the parent net profit rose 3.
92 percent, reaching 113 million yuan
.
Oriental Yuhong
In the first half of 2021, Oriental Yuhong achieved total operating income of 14.
229 billion yuan, a year-on-year increase of 62.
01%; net profit attributable to shareholders of the parent company was 1.
537 billion yuan, a year-on-year increase of 40.
14%
.
MEGA new material
MEGA new material the first half of 2021 the company achieved operating income of 676 million yuan, up 96.
18 percent; attributable to shareholders of listed companies net profit of 34.
9 million yuan, net profit growth of 256.
44 percent over the previous year
.
Kinlita
Kinlita achieved in the first half of 2021 operating income of 480 million yuan, an increase of 42.
39%, attributable to shareholders of listed companies net loss of 17.
769 million yuan, down 215.
7 percent year on year
.
Of course, net profit is not the only criterion for whether a company is developing rapidly and has sustainable development capabilities.
We can still see many bright spots in the half-year financial report of Asia Chuangneng
.
Astronergy entered the new retail and waterproofing business of home improvement coatings in 2019 and 2020, and achieved high growth rates
.
The waterproofing business started in the second half of 2020, and achieved operating income of 108 million yuan in the first half of 2021, an increase of 185.
09% from the previous month, showing a strong momentum
.
For Asia Chuangneng, the expansion of its waterproof business is also an important step in its strategic layout, and this business can be said to be the most eye-catching part of Asia Chuangneng in the first half of the year
.
At the same time, in the semi-annual report, Asia Chuangneng also looks forward to its development in the second half of the year and in the future.
It will accelerate the cultivation of emerging businesses in the second half of the year.
Asia Chuangneng said that the cultivation of strategic new business is to meet the consumption upgrade on the one hand.
, The proportion of fine decoration continues to increase, the era of home decoration repainting and the layout of "beautiful village" construction, on the other hand, is to extend the industrial chain, better play the synergy of the industrial chain and channel sharing advantages, and inject new momentum into long-term development
.
Disclaimer The content of this article is comprehensively sourced from Asia Chuangneng, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
.
If it involves the content of the work, copyright and other issues, please contact this number in time, we will delete the content as soon as possible!
.
The financial report shows that in the first half of 2021, Asia Chuangneng achieved revenue of 2.
304 billion yuan, a substantial increase of 81.
22% year-on-year, and net profit attributable to the parent company was 59.
82 million yuan, a year-on-year decrease of 45.
99%
.
In response to the substantial reduction in net profit, Asia Chuangneng said that in the first half of this year, the company increased market development and investment, which led to the increase in sales of main products and an increase in market share
.
The decrease in profit was mainly due to the substantial increase in the purchase price of raw materials, the decrease in comprehensive gross profit margin, and the corresponding increase in expenses caused by the substantial increase in superimposed personnel
.
The following is the main operating data for the first half of 2021 released by Astronergy in conjunction with the financial report, which lists the changes in the purchase price of main raw materials
.
At the same time, the data announcement also listed the production and sales of Asia Chuangneng's main business income in the first half of the year
.
The table shows that the home improvement coating segment in functional coatings has grown at an alarming rate.
This is mainly due to the fact that most cities are no longer affected by the epidemic in the first half of 2021, and people's daily lives are gradually restored
.
So far, leading domestic coating companies have released their half-year financial reports, and it is worth mentioning that among the many corporate financial reports that have been released, Asia Chuangneng is one of the few companies that have greatly reduced their net profits
.
Nippon China
the first half of 2021, the state legislature China revenues of 10.
3 billion yuan, accounting for 35.
24% of total revenue in the first half of Nippon Paint, an increase of 55%
.
Operating profit was 1.
1 billion yuan, a year-on-year increase of 4.
4%
.
Three Trees
2021 revenues of 4.
683 billion yuan in the first half three trees, an increase of 80.
51%; owned by the parent net profit rose 3.
92 percent, reaching 113 million yuan
.
Oriental Yuhong
In the first half of 2021, Oriental Yuhong achieved total operating income of 14.
229 billion yuan, a year-on-year increase of 62.
01%; net profit attributable to shareholders of the parent company was 1.
537 billion yuan, a year-on-year increase of 40.
14%
.
MEGA new material
MEGA new material the first half of 2021 the company achieved operating income of 676 million yuan, up 96.
18 percent; attributable to shareholders of listed companies net profit of 34.
9 million yuan, net profit growth of 256.
44 percent over the previous year
.
Kinlita
Kinlita achieved in the first half of 2021 operating income of 480 million yuan, an increase of 42.
39%, attributable to shareholders of listed companies net loss of 17.
769 million yuan, down 215.
7 percent year on year
.
Of course, net profit is not the only criterion for whether a company is developing rapidly and has sustainable development capabilities.
We can still see many bright spots in the half-year financial report of Asia Chuangneng
.
Astronergy entered the new retail and waterproofing business of home improvement coatings in 2019 and 2020, and achieved high growth rates
.
The waterproofing business started in the second half of 2020, and achieved operating income of 108 million yuan in the first half of 2021, an increase of 185.
09% from the previous month, showing a strong momentum
.
For Asia Chuangneng, the expansion of its waterproof business is also an important step in its strategic layout, and this business can be said to be the most eye-catching part of Asia Chuangneng in the first half of the year
.
At the same time, in the semi-annual report, Asia Chuangneng also looks forward to its development in the second half of the year and in the future.
It will accelerate the cultivation of emerging businesses in the second half of the year.
Asia Chuangneng said that the cultivation of strategic new business is to meet the consumption upgrade on the one hand.
, The proportion of fine decoration continues to increase, the era of home decoration repainting and the layout of "beautiful village" construction, on the other hand, is to extend the industrial chain, better play the synergy of the industrial chain and channel sharing advantages, and inject new momentum into long-term development
.
Disclaimer The content of this article is comprehensively sourced from Asia Chuangneng, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
.
If it involves the content of the work, copyright and other issues, please contact this number in time, we will delete the content as soon as possible!
