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Shanghai Essence Fastening's Revenue Grows and Net Profit Drops in 2021
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2022-04-14
Essence Fastening is dedicated to developing, manufacturing and selling high strength precision fasteners and special connecting parts for the automobile, electronics and electric appliances, and telecommunication industries. In its annual financial report for 2021, the revenue is RMB 394 million, up 14.31%, the net profit is RMB 75.86 million, down 6.66%, the gross profit margin is 34.56%, down 5.23 percentage points, and the net profit margin is 19.26%, down 4.33 percentage points.
In the same financial year, the company's income for special connecting parts was RMB 166 million, up 2.09%, taking up 42.05% of the operating income. For screws and bolts, it was RMB 151 million, up 21.21%, taking up 38.32%. For plastic fasteners it was 53 million RMB, up 34.65%, taking up 13.52%. The profit margins for special connecting parts, screws and bolts, and plastic fasteners were 36.83%, 30.89% and 40.15% respectively.
上海
超捷緊固系統公司
2021全年度財報
Shanghai
ESSENCE FASTENING SYSTEMS(SHANGHAI)CO
LTD.
2021 annual financial report
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