Guangyuan New Materials During the reporting period of the GEM IPO, the performance fluctuates greatly

Author:Daily Economic News Time:2022.09.06

Electronic yarn, electronic cloth manufacturer Henan Guangyuan New Material Co., Ltd. (hereinafter referred to as Guangyuan New Materials) is applying for the GEM IPO. From 2019-2021 and 2022, the company realizes net profit-4161.40, respectively10,000 yuan, -74.22 million yuan, 529 million yuan, and 612.91 million yuan, the net profit fluctuated greatly.

The fluctuations in Guangyuan New Materials are mainly related to the changes in the market price of the product of the industry's capacity expansion and the needs of the terminal demand. In 2019 and 2020, the prices of related products decreased significantly, and the price of product prices in 2021 generally rose sharply. From January to March 2022, productsThe price must fall.Guangyuan New Materials prompts the risk of decline in operating performance: Under extreme circumstances, even the risk of losing business profit from the previous year by more than 50%or more than the previous year.

Daily Economic News

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