Changyuan Group (600525.SH) released its 2023 annual report. During the reporting period, the company achieved an operating income of 84...
According to Zhitong Finance App, Changyuan Group (600525.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 8.486 billion yuan, an increase of 11.47%; net profit attributable to shareholders of listed companies was 855.398 million yuan, a year-on-year decrease of 87.30%; net profit attributable to shareholders of listed companies deducted 71.2533 million yuan, a year-on-year decrease of 4.70%; basic earnings per share were 0.07 yuan/share.
The company's main business is smart grid equipment and energy internet technology services, consumer electronics and other intelligent equipment. During the reporting period, the company's revenue increased by 873 million yuan year on year, an increase of 11.47%, and the revenue of both major businesses increased. Among them, the revenue of smart grid equipment and energy internet technology services increased by 837 million yuan over the same period of the previous year, or 17.94%. The main reason was to consolidate the main business while continuously developing new domestic and foreign markets. In particular, sales revenue from the engineering turnkey business increased compared to the same period last year.
The main reason for the decline in net profit attributable to listed companies: The net profit attributable to listed companies fell by 588 million yuan year-on-year during the reporting period, mainly due to a decrease of about 695 million yuan in investment income compared to the same period last year. In the same period last year, the company generated significant investment income from transactions such as the disposal of Shanghai Yuanwei's partnership shares and the disposal of part of Sinoma Lithium Film Co., Ltd. (hereinafter referred to as Sinoma Lithium Film). There were no such transactions in the reporting period.