Tianqin equipmentThe 2021 annual report will be released on the evening of April 21. In 2021, the company achieved operating income of 241 million yuan, a year-on-year increase of 4.71%; the net profit attributable to shareholders of the listed company was 80.6696 million yuan, a year-on-year increase of 25.27%.
Steady growth of main products, equipment parts and components become new growth poles
Tianqin equipmentFocusing on the research and development and production of equipment protection products, it is one of the most competitive enterprises in the field of domestic defense equipment protection. The company’s products are not only widely used in the protection of multi-purpose defense equipment such as land, sea and air, but also in the field of civilian packaging protection. Its products are mainly used in the field of ammunition storage and transportation protection in the weapons industry.
From the perspective of business structure, special protective equipment and equipment parts are the main source of the company’s operating income, accounting for nearly 95%. Among them, the operating income of special protective equipment in the reporting period was 185 million yuan, a year-on-year increase of 2.03%, accounting for 76.8% of the total operating income. Protective devices are an indispensable and important part of our country’s defense equipment construction. As one of the first domestic suppliers to propose to replace traditional protective materials with engineering plastic materials and realize serialization and containerization of ammunition packaging, the company is moving towards the overall defense equipment. The protection solution provider is advancing, and its comprehensive strength is in the leading position in the industry.
In terms of equipment parts, the company achieved operating income of 43.7782 million yuan during the reporting period, a year-on-year increase of 29.43%, and the proportion of total operating income increased to 18.16%. At the same time, it is worth noting that the gross profit margin of this product reached 63.56%, an increase of 1.2% over 2020. The company said that in the future, it will continue to expand the fields of metal parts for bombs and special new parts, making it a new profit growth point for the company. According to the data, the company’s current production equipment parts mainly include moisture-proof plugs for bullets and arrows, individual multi-purpose bomb system parts, loading training bombs, tear gas parts, special ammunition parts, and sealing functional parts.
For future development, the company stated that it will expand the company’s existing core product production capacity, accelerate the promotion of new products and equipment through the investment of raised funds and the smooth implementation of investment projects, continue to consolidate the company’s leading position in the field of defense equipment protection, and strive to build equipment The advantages of protection system integration increase the profit scale of products. In addition, the company will also improve the allocation of software and hardware resources, optimize management and strengthen talent construction to ensure the smooth implementation of the company’s development strategy and goals. (Yan Yun)
