Summary
[ChangyingPrecisionPerformanceReport:Lossof579millionyuanin2021]Changying Precision released the 2021 annual performance report. During the reporting period, the company achieved a total operating income of 11.047 billion yuan, a year-on-year increase of 12.74%; the net profit loss attributable to the parent was 579 million yuan, compared with the same period last year. 600 million yuan; basic earnings per share -0.48 yuan. During the reporting period, the major customers’ strategic product R&D investment further increased, and the layout of new energy components and R&D investment increased. (Financial Association)
Changying PrecisionPost 2021performanceExpress, in the reporting period, the company achieved a total operating income of 11.047 billion yuan, a year-on-year increase of 12.74%; a net profit loss attributable to the parent of 579 million yuan, compared with 600 million yuan in the same period last year; basic earnings per share -0.48 yuan. During the reporting period, the major customers’ strategic product R&D investment further increased, and the layout of new energy components and R&D investment increased.The key products of major customers are in the ramp-up period of mass production, and the yield rate is low; some production bases are affected by the epidemic, customer chip shortages, and some new energy product lines are in the early stage of production, etc., the capacity utilization rate is lower than expected, and production costs are rising; Raw materials such as copper and aluminum have risen sharply, which is difficult to digest in the short term; exchange rate changes and rising labor costs haveinterest rateDue to the above reasons, some inventories at the end of the period were impaired, and provision for impairment was made.
(Article source: Financial Associated Press)