Baolixin disclosed its interim report on August 30, 2021. The company achieved total operating income of 85.352 million in the first half of 2021, a year-on-year increase of 411.1%; net profit attributable to the parent was -55.051 million, compared with -48.957 million in the same period last year, with a loss The range is expanded.
The expense ratio decreased by 129.6% during the period, and the cost control effect was significant. Operating costs increased sharply by 441%, and operating cash flow was negative in the last two periods.
%, higher than the 411.1% growth rate of operating income, resulting in a 6.2% decline in gross profit margin. The expense ratio during the period was 43.9%, a decrease of 129.6% from last year, and the effect of expense control was significant. Operating cash flow was negative in the past two periods, which was -33.894 million in the current period and -170 million in the previous period.
This issue of " lithium-ion battery (group)" has contributed a lot to the revenue.
From the perspective of business structure, "lithium-ion battery (group)" is the main source of corporate operating income. Specifically, the operating income of "lithium ion batteries (groups)" was 81.6 million, accounting for 100% of revenue, and gross profit margin of -16.3%.
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