Vante Electric 2021 net profit of 25,110,300 yuan year-on-year growth of 6% credit impairment loss reduction

On March 31, Million Electric (430391) recently released 2021 annual report, the reporting period of the company to achieve operating revenue of 117,203,066.67 yuan, a year-on-year growth of 9.41%;Net profit attributable to shareholders of listed companies was RMB 25,110,345.59, up 6% year-on-year.The net cash flow generated by operating activities during the reporting period was RMB 20,577,413.54, and the net assets attributable to shareholders of the listed company as of the end of 2021 were RMB 160,023,623.58.Selling expenses increased 27.98% in the reporting period compared to the same period last year, mainly due to an increase in employee compensation.During the period, the company adjusted the salary and increased the incentive to the sales staff, which resulted in the increase in the salary of the staff in the sales expenses.Credit impairment losses were 4500.55% lower than the same period last year.The main reason is that the collection situation in this period is better, and the ending balance of accounts receivable is significantly reduced compared with the end of last year.Bayesian net data show that all electric is focused on research, development, production and sales of electrical equipment and operational intelligence simulation equipment, intelligent power distribution simulation equipment, electric power metering intelligent instrumentation, electrical, intelligent security body feeling training equipment, virtual reality simulation platform system, special operations training evaluation system, etc. Series of products of high-tech enterprises.This article comes from digging shell net

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