CSI Financial Information Evergreen Holdings (300195) disclosed its 2021 annual report on April 28. In 2021, the company achieved total operating income of 1.467 billion yuan, a year-on-year increase of 19.93%; net profit attributable to the parent company was 34.4979 million yua

China Securities Financial News Evergreen Holdings (300195) disclosed its 2021 annual report on April 28. In 2021, the company achieved total operating income of 1.467 billion yuan, a year-on-year increase of 19.93%; net profit attributable to the parent company was 34.4979 million yuan, a year-on-year loss; non-net profit after deduction was 6.6317 million yuan, a year-on-year loss; the net cash flow generated from operating activities was 148 million yuan, a year-on-year decrease of 8.06%; during the reporting period, Evergreen's basic earnings per share was 0.08 yuan, and the weighted average return on net assets was 1.26%.

During the reporting period, the company's total non-recurring profits and losses were 27.8662 million yuan, of which the government subsidies included in the current profits and losses were 23.4243 million yuan.

statistics show that the compound growth rate of Evergreen's total operating income in the past three years is 3.79%, ranking 119th among the 157 companies in the special equipment industry that have disclosed 2021 data. The compound annual growth rate of net profit in the past three years is -25.53%, ranking 133/157. The annual report of

shows that the company's core business is special printing equipment manufacturing, focusing on serving the printing and packaging industry, and providing special equipment, services and overall industry solutions. The company's products are mainly used in the printing, finishing and efficiency enhancement of paper product packaging. According to the statistical information report of the industry association, in 2021, the company ranked first in the industry's "Product Sales Revenue Ranking" and "Export Delivery Value Ranking", continuing to maintain its leading position in the industry. From the perspective of

products, among the company's main businesses in 2021, revenue from printing equipment and services was 1.067 billion yuan, a year-on-year increase of 34.84%, accounting for 72.73% of operating income; property rental service revenue was 100 million yuan, a year-on-year decrease of 3.26%, accounting for 72.73% of operating income; 6.82% of revenue; casting product revenue was 96 million yuan, a year-on-year increase of 127.56%, accounting for 6.53% of operating revenue.

In 2021, the company's gross profit margin was 36.74%, a year-on-year decrease of 3.20 percentage points; the net profit margin was 2.68%, an increase of 9.59 percentage points from the same period last year. It is worth mentioning that in recent years, the company's gross profit margin has continued to be higher than the industry average.

During the reporting period, the company's top five customers had a total sales amount of 355 million yuan, accounting for 24.18% of the total sales amount. The company's top five suppliers had a total purchase amount of 243 million yuan, accounting for 14.85% of the total annual purchases.

data shows that the company's weighted average return on net assets in 2021 is 1.26%, an increase of 4.29 percentage points from the same period last year, which has been lower than the industry average for a long time; the company's return on invested capital in 2021 is 2.15%, an increase of 1.89 percentage points from the same period last year percentage point.

As of the end of 2021, the company's net cash flow from operating activities was 148 million yuan, a year-on-year decrease of 8.06%. This is mainly because the company has increased the collection of existing accounts receivable this year, but at the same time, in order to meet the increase in orders, it has also increased The expenditure for procurement and material preparation settlement was reduced, resulting in a decrease in net cash flow from operating activities this year compared with the same period last year; net cash flow from financing activities was -104 million yuan, a year-on-year decrease of 193 million yuan, mainly due to the payment of The increase in cash paid for financing activities resulted in a decrease in net cash flow from financing activities this year compared with the same period last year; net cash flow from investing activities was -76.7365 million yuan, compared with -228 million yuan in the same period last year, mainly because this year Due to the decrease in investment expenditure, the net cash flow generated from investment activities this year decreased compared with the same period last year.

In 2021, the company's operating income cash ratio was 162.26%, and the net cash ratio was 429.02%. Judging from the data in recent years, the growth rate of the company's cash inflow from operating activities has basically kept pace with the growth rate of operating income, and the net cash ratio has shown an upward trend. In terms of

's operating capabilities, in 2021, the company's total asset turnover rate was 0.23 times, compared with 0.19 times in the same period last year (the industry average in 2020 was 0.50 times, and the company ranked 153/157 times in the same industry); the fixed asset turnover rate was 1.29 times , 1.29 times in the same period last year (the industry average in 2020 was 3.80 times, and the company ranked 143/157 times in the same industry); the company's accounts receivable turnover rate and inventory turnover rate were 6.08 times and 1.41 times respectively.

For the whole year of 2021, the company's period expenses were 461 million yuan, a decrease of 26.806 million yuan from the previous year; the period expense rate was 31.39%, a decrease of 8.45 percentage points from the previous year.

In terms of major changes in assets, at the end of 2021, the company's short-term borrowings increased by 22.77% compared with the beginning of the period, accounting for an increase of 1.28 percentage points in the company's total assets. This was mainly due to the adjustment of discounted unexpired bills with recourse to short-term borrowings; monetary funds were relatively At the beginning of the period, it increased by 23.01%, accounting for an increase of 1.27 percentage points in the company's total assets, mainly due to the increase in collection efforts this year, and recovering part of the money; contract liabilities increased by 69.66% compared with the beginning of the period, and accounting for an increase of 1.12 percentage points in the company's total assets, mainly due to this year's increase in collection efforts. Orders increased, and advances received increased; accounts receivable increased by 35.39% compared with the beginning of the period, accounting for an increase of 0.91 percentage points in the company's total assets, mainly due to the increase in orders this year and the increase in operating income.

For the whole year of 2021, the company's R&D investment amounted to 69.2731 million yuan, a year-on-year decrease of 12.93%; R&D investment accounted for 4.72% of operating income, a decrease of 1.78 percentage points compared with the same period last year. In addition, the company's annual R&D investment capitalization rate was 0.

According to the announcement, the company applied for 50 new patents from January to December 2021, including 18 invention patents and 14 authorized patents. As of December 31, 2021, the company owned a total of 622 intellectual property rights of various types, and continued to maintain its technological leadership in the field of high-end printing equipment manufacturing, providing a strong impetus for the company's sustainable development. In terms of solvency, the company's asset-liability ratio at the end of 2021 was 57.64%, an increase of 2.57 percentage points from the same period last year, which was at the industry average; the interest-bearing asset-liability ratio was 42.05%, an increase of 2.80 percentage points from the same period last year. The annual report of

shows that among the company's top ten tradable shareholders at the end of 2021, the new shareholders are Xu Kaidong, Chen Zhi, Huatai Securities Co., Ltd., and Tianjin Mingxuan Investment Co., Ltd. In terms of specific shareholding ratios, Great Wall Capital Management Co., Ltd. - Great Wall Capital Ruixin No. 3 Collective Asset Management Plan and Du Jingcong's shareholdings have declined.