A-share annual report closes!Net profit increased by nearly 20% year-on-year, profitability improved steadily
The listed company’s 2021 annual results officially come to an end. According to the latest statistics from the China Association of Listed Companies, in 2021, there will be 524 new listed companies in the whole market, and the number of companies will increase to 4,682 at the end of the year, with a total market value of 96.53 trillion yuan, ranking second in the world in terms of scale. Among them, Shanghai, Shenzhen, The number of companies listed on the Beijing Stock Exchange was 2,031, 2,569 and 82 respectively. As of April 30, 2022, a total of 4,669 listed companies in the whole market have disclosed their 2021 annual reports. The data shows that the role of listed companies as the “power source” of economic growth continues to strengthen, and their status as the “basic market” of the real economy is more consolidated.
In 2021, listed companies will achieve a total operating income of 64.97 trillion yuan, accounting for 56.81% of the total annual GDP; total operating income will increase by 19.81% year-on-year, much higher than the GDP growth rate of the year; non-financial companies will achieve a total operating income of 549,000 yuan. 100 million yuan, a year-on-year increase of 22.63%. About 80% of the companies achieved revenue growth, and 40% of the companies continued to increase their revenue for three consecutive years. In addition, the overseas revenue of listed companies increased by 18.03% year-on-year.
According to the data, the net profit for the whole year was 5.30 trillion yuan, a year-on-year increase of 19.56%; the net profit after deducting non-deductibles was 4.43 trillion yuan, a year-on-year increase of 24.39%, and the profitability of listed companies was further improved. At the same time, the net operating cash flow of non-financial listed companies was about 5.03 trillion yuan, a year-on-year increase of 9.82%; nearly 80% of the companies achieved net cash inflows from operating activities, showing high profitability.
In terms of industries, according to the industry classification standards of the China Securities Regulatory Commission, among the 19 major industry categories, about 90% of the industry’s revenue and 70% of the industry’s net profit have maintained growth. The top three profit industries are finance, manufacturing and mining, which together contribute nearly 88% of the overall net profit of listed companies; transportation, warehousing and postal services, culture, sports and entertainment, accommodation and catering, etc. The industry turned losses into profits.
The relevant person in charge of the China Shanghai Association said that in 2021, A-share listed companies will perform prominently in four aspects: promoting R&D innovation, continuously increasing capital expenditure, optimizing capital structure, and rewarding shareholders.
1. R&D investment continued to increase. In 2021, the total R&D investment of non-financial listed companies will be about 1.31 trillion yuan, a year-on-year increase of 23.53%, accounting for 47.02% of the total R&D expenditure of national enterprises. Among them, 1573 companies accounted for more than 5% of R&D investment. The number of patents of non-financial listed companies increased from 1,227,000 at the end of 2020 to 1,450,500 in 2021, an increase of 18.22%.
2. Capital expenditure continued to increase. In 2021, the capital expenditure of non-financial listed companies will be 3.82 trillion yuan, a year-on-year increase of 11.95%. Among them, there are 2,649 listed companies with annual capital expenditures of more than 100 million yuan, mainly in the manufacturing, information transmission, software and information technology service industries. Entity listed companies are actively working on capacity upgrades and business expansion, showing a strong momentum of recovery after the epidemic.
3. The capital structure continued to be optimized. Listed companies actively use refinancing tools to optimize capital structure. During the year, non-financial listed companies implemented and completed 636 refinancings such as issuance of stocks, convertible bonds, and rights issues to specific targets, raising funds of 1.03 trillion yuan, a year-on-year increase of 9.91%.
4. Cash dividends remained high. In 2021, listed companies will take the initiative to share the achievements of corporate development with investors while maintaining high growth. A total of more than 3,300 companies launched cash dividend plans throughout the year, accounting for 81.67% of all profitable companies. At the end of 2021, a total cash dividend of 1.55 trillion yuan has been completed, hitting a new high in recent years. Among them, there are 2,009 companies with a dividend ratio of more than 30%, and 900 companies with a dividend ratio of more than 50%.
(Source: Xinhua Finance)Return to Sohu, see more
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