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    Home > Chemicals Industry > China Chemical > Performance Forecast Molding Technology's 2021 net profit fell sharply from the same period last year

    Performance Forecast Molding Technology's 2021 net profit fell sharply from the same period last year

    • Last Update: 2022-03-06
    • Source: Internet
    • Author: User
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    [ Star Enterprise of Chemical Machinery and Equipment Network ] On the evening of January 28, 2022, Jiangnan Molding Technology Co.
    , Ltd.
    (referred to as "Molding Technology", stock code "000700") released the 2021 annual performance forecast
    .
    According to the announcement, Molding Technology expects that the net profit attributable to shareholders of listed companies in 2021 will be about 180 million yuan to 220 million yuan, a decrease of 1025.
    04% to 1230.
    6% over the same period of the previous year
    .

     
    Chemical Machinery Equipment Net Star Enterprise Chemical Machinery Equipment
    According to the report for the first three quarters of 2021, the operating income during the reporting period was 5,569,132,091.
    74 yuan, a year-on-year increase of 37.
    33%; the loss was 230,626,488.
    74 yuan
    .

     

    In 2021, the net profit attributable to shareholders of listed companies dropped significantly.
    During the reporting period, the impact of non-recurring gains and losses on the net profit attributable to shareholders of listed companies was about -410 million yuan, compared with -12.
    43 million yuan in the same period last year.
    Yuan
    .
    The announcement shows that there are two main reasons: on the one hand, affected by the volatility of the securities market, the market value of the tradable financial assets (mainly "Jiangsu Bank" and "Jiangnan Water Affairs" stocks) held by Mould Technology has risen sharply compared with the beginning of the year.
    Preliminary estimates are that the gains and losses from changes in fair value of financial assets held for trading and investment income from disposal of financial assets held for trading in the current year will affect the total profit of approximately RMB 64 million
    .
    On the other hand, Molding Technology sold its wholly-owned subsidiary, Minghua USA Inc.
    , in the third quarter of 2021, and the resulting asset impairment had an impact of about -450 million yuan on total profits
    .

     

      Results Forecast Period: January 1, 2021 to December 31, 2021
     
      This performance forecast is the result of preliminary calculations by the company's financial department.
    The specific financial data is subject to the company's 2021 annual report disclosed on April 30, 2022
    .

     

      Enterprise related:
     

      Molding Technology was established in June 1988 and listed on the Shenzhen Stock Exchange on February 28, 1997.
    It is mainly engaged in the development, production and sales of automobile bumpers and other parts, plastic products , molds, and molded high-tech products.
    The company's annual production capacity of automobile bumpers reaches more than 2.
    2 million sets, and it is an influential service provider of automobile exterior parts system in China
    .
    At present, the company has become the designated manufacturer of BMW Brilliance, Beijing Benz, Shanghai GM, Shanghai Volkswagen and many other brand companies with advanced production equipment, perfect information service system, strong production capacity and sound technological innovation operation mechanism
    .

     
    plastic products
      On September 23, 2021, the 2021 Jiangsu Top 100 Private Enterprises Press Conference was held in Nanjing
    .
    Jiangyin Mould & Plastic Group Co.
    , Ltd.
    was shortlisted for "2021 Jiangsu Top 200 Private Enterprises" and "2021 Jiangsu Top 100 Private Enterprise Manufacturing Industry"
    .

     

      On April 16, 2021, Moulding Technology won the 2020 Best Supplier Award from SAIC-GM, and its subsidiary Shenyang Daoda Auto Trim Co.
    , Ltd.
    won the 2020 SAIC-GM Pioneering and Innovation Award
    .

     

      At the beginning of 2021, Wuxi City announced the list of leading enterprises in key industrial clusters in 2020
    .
    The selection work selected 56 leading enterprises from 16 key industrial clusters of advanced manufacturing industries, and 14 Jiangyin enterprises including Jiangyin Mould & Plastic Group Co.
    , Ltd.
    were on the list
    .

     

      Note: This article is organized and released by Plastic Machinery Network ( data sources: http:// "Securities Times", Leju Finance, Molding Technology
     
    plastic robot
      Original title: Performance ForecastMolding Technology's 2021 net profit dropped significantly compared with the same period of the previous year 
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