Emma Technology reports a net profit of $664 million in 2021 results
Emma Technology will soon release its 2021 annual report. According to the results announcement released on April 6, attributable net profit reached 664 million yuan, up 10.94% year on year.(1) During the reporting period, the operating conditions, financial conditions and the main factors affecting the operating performance of the company during the reporting period, the company achieved operating income of 1,539,8710,900 yuan, a year-on-year increase of 19.33%;Net profit attributable to shareholders of listed companies reached 663,998,100 yuan, with a year-on-year increase of 10.94%;Net profit excluding non-recurring gains and losses attributable to shareholders of listed companies was 61,2691,300 yuan, up 19.32% year-on-year.At the end of the report period, the total assets of the company were RMB 1,339,694,900 yuan, an increase of 40.16% compared with the end of the previous year;The owner’s equity attributable to the shareholders of the listed company is RMB 497,4827,400 yuan, an increase of 89.17% compared with the end of last year;Net asset per share attributable to shareholders of listed companies was 12.32 yuan, up 57.54% from the end of the previous year.During the reporting period, facing the industry competition intensifies, raw material prices and other unfavorable factors, the company closely around the “customer first, excellent products, fine, fine operating” marketing strategy of the main shaft and the transition to the number of intellectualization technology company’s strategic direction, continue to focus on the research and development and production of electric two-wheelers in the core business, implement the annual business plan,Constantly improve the product force, channel force, brand force, scientific and technological force, productivity and operation force, has achieved better business results.At the end of the report period, the total assets of the company increased by 40.16% year-on-year, the owner’s equity attributable to the shareholders of the listed company increased by 89.17% year-on-year, and the net asset per share attributable to the shareholders of the listed company increased by 57.54% year-on-year.The main reason is that during the reporting period, the company received the funds raised through the initial public offering and the net profit transferred from the continuous and stable operation.Emma Technology’s main business: research and development, production and sales of electric bicycles, electric mopeds, electric motorcycles, etc. In the recent 90 days, there are two ratings issued by the stock, and one is a buy rating.The average institutional price target over the past 90 days is 53.5.The above content is compiled by Securities Star according to public information, if you have any questions, please contact us.