The non net profit deducted by the hottest Yingliu

2022-08-18
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It is understood that the current share plans to raise no more than 950million yuan, of which 665million yuan is used for the construction of main business projects, and the other 285million yuan is used for debt repayment

the capital chain continues to be tight, and Yingliu shares () plans to launch a fixed increase to ease the debt pressure

it is understood that Yingliu shares plans to raise no more than 950million yuan, of which 665million yuan is used for the construction of main business projects, and the other 285million yuan is used for debt repayment and replenishment

Changjiang business daily noted that if the company raised 950million yuan in full this time, including the accumulated financing amount of internal flow shares raised by IPO, it would reach 2.476 billion yuan. However, over the past four years since its listing, the company has accumulated a total dividend of 116 million yuan, less than 5% of the total financing

it should be noted that at the end of 2017 and the end of the third quarter of 2018, the current share asset liability ratio was 57.37% and 59.39% respectively, and the average asset liability ratio of Listed Companies in the same industry was 39.34% and 40.59% in the same period, which was much higher than the industry average in the same period

on the other hand, Yingliu shares' performance growth has been sluggish since its listing in early 2014. From 2013 to 2017, the company's overall revenue did not increase significantly, but the net profit after deduction fell by 74%

for financing and performance issues, Changjiang Business Daily called the Board Office of Yingliu shares. However, as of press time, the company has not received any reply

the cumulative financing in four years will reach 2.476 billion

in the evening of December 4, Yingliu shares disclosed the fixed increase plan. The company plans to issue no more than 86.75 million shares to no more than 10 specific investors, and the total amount of funds raised will not exceed 950 million yuan. 665 million yuan and 285 million yuan will be used for precision casting projects of high temperature alloy blades and repayment of bank loans respectively

Yingliu shares said that the completion and operation of the raised funds investment project will help the company realize the strategic layout of products, further improve the company's profitability and comprehensive competitiveness, effectively enhance the company's anti risk ability, and achieve the company's sustainable development. At the same time, it is also conducive to optimizing the financial structure of the company, reducing financial expenses and further improving the profitability of the company

Changjiang business daily noted that Yingliu shares has launched two fixed increases since its listing in early 2014. In the year following its listing, the company raised an additional 1.514 billion yuan, which were respectively used for the intelligent manufacturing production line project of aero-engine and gas turbine parts, repayment of bank loans and supplementary working capital, and finally the actual raised capital was 864million yuan

however, after the above-mentioned fund-raising was in place, Yingliu shares changed its purpose and used all the raised funds to repay bank loans

in addition, at the beginning of last year, Yingliu shares also planned to acquire Zhangjiagang Guangda machinery at a price of 1.05 billion yuan by issuing shares and cash payment, and raised 746 million yuan of supporting funds, but the restructuring plan ended in failure

according to the rough calculation of Changjiang business daily, if the company raised 950million yuan in full this time, including the accumulated financing amount of internal flow shares raised by IPO, it will reach 2.476 billion yuan

it is worth mentioning that in the four years since its listing, Yingliu shares have accumulated a total dividend of 116 million yuan, less than 5% of the total financing

deduct non net profit by 74% in five years.

Yingliu Co., Ltd. is a leading enterprise in the field of special equipment parts production, which can connect with the user local area network to realize the data remote output industry. Its main products are pump and valve parts, mechanical equipment components, which are applied in aerospace, nuclear power, oil and gas, resources, national defense and military industry and other high-end equipment fields

although the main business of financing development is planned, the performance of Yingliu shares is not optimistic

from 2013 to 2017, Yingliu shares achieved operating revenue of 1.334 billion, 1.376 billion, 1.345 billion, 1.275 billion and 1.375 billion respectively; The net profits were 163 million, 106 million and 7500.53 million respectively. The company also saw the great potential of thermohex technology in the utilization of photovoltaic (PV) panels and many other products, 54.6825 million and 60.1727 million; The net profit after non deduction was 154 million, 98.7031 million, 63.3136 million, 44.2386 million and 40.2454 million respectively

it can be seen that the overall revenue of Yingliu shares has not increased significantly in the past four years, but the net profit of the company has declined for four consecutive years since 2013, rising by 10% in 2017, with an overall decline of more than 60%; Non net profit decreased for five consecutive years, with an overall decline of 74%

in the first three quarters of this year, Yingliu shares achieved an operating revenue of 1.281 billion, an increase of 21.56% year-on-year; The net profit was 69.6563 million, with a year-on-year increase of 3.52%; The net profit after non deduction was 50.8716 million, a year-on-year decrease of 10.16%

on the other hand, the asset liability ratio of current shares has remained at a high level during the four years of listing. At the end of 2015, 2016, 2017 and September 2018, the asset liability ratio of the company's consolidated statements was 61.15%, 55.55%, 57.37% and 59.39% respectively

the plan shows that the asset liability ratio of Listed Companies in the same industry at the end of 2017 and September 2018 are 39.34% and 40.59% respectively, and the asset liability ratio of current shares is far higher than the industry average in the same period

in addition, from 2015 to 2018, the interest expenditure of the company's consolidated statements was 115 million yuan, 103 million yuan, 111 million yuan and 113 million yuan respectively, accounting for 8.57%, 8.07%, 8.11% and 8.87% of the operating revenue respectively, and accounting for 134.22%, 181.53%, 187.58% and 145.16% of the company's total profits, which had a great impact on the company's operating performance

by the end of the third quarter of this year, the total liabilities of current shares had reached 4.355 billion yuan, of which the short-term loans had reached 2.888 billion yuan until normal, and the non current liabilities due within one year were 100million yuan, but the company's book monetary capital was only 804million yuan

Changjiang business daily news □ Xu Jia

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