Why are the trends in net profit and net cash flow from operating activities inconsistent?Kangqiang Electronics’ 2021 annual report was inquired_ Oriental Fortune Net

On May 16, the Shenzhen Stock ExchangeKangqiang ElectronicsIssue the annual report inquiry letter, on its 2021performance, debt situation, etc. to ask 6 questions.Among them, in 2021, during the reporting period, the company achievedOperating income2.195 billion yuan, a year-on-year increase of 41.71%;net profit181 million yuan, a year-on-year increase of 106.11%; net profit after deducting non-return to the parent was 167 million yuan, a year-on-year increase of 121.37%. At the same time, the net cash flow generated by the company’s operating activities was 112 million yuan, a year-on-year decrease of 29.93%; in this regard, the company was required by the Shenzhen Stock Exchange to combine various business income recognition policies, collection models, credit policies, customer settlement cycles, and application procedures. Factors such as changes in receivables and payables, explain the reasons and rationality for the inconsistent trends between net profit and net cash flow from operating activities.

At the same time, the company’s bonding wire products in 2021interest ratewas 3.57%, a year-on-year decrease of 1.66%; electrode wire products were grossinterest rateIt was 11.92%, down 2.5% year-on-year. The inquiry letter requires the company to analyze the reasons for the decline in gross profit margin based on factors such as main business conditions, industry environment, revenue and cost composition, and compare the level of gross profit margin with companies in the same industry.At the same time, companies were asked to quantify the currentcurrencyWhether the capital status has an impact on the company’s solvency and normal operation ability, indicating whether there is a solvency risk.

(Article source: Interface News)

Article source: Interface News

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Original title: Why do net profit and net cash flow from operating activities have different trends?Kangqiang Electronics’ 2021 annual report was inquired