On March 29th, 600819.SH released its 2018 annual report, with operating income of 3.857 billion yuan, an increase of 17.84% over the same period last year, a comprehensive gross profit of 17.69%, a net profit of 90.6819 million yuan belonging to shareholders of listed companies, an increase of 89.13% over the same period last year, and basic earnings per share of 0.10 yuan, with a cash dividend of 0.30 yuan (including tax) for every 10 shares.
As of December 31, 2018, the company's total assets were 7.294 billion yuan, an increase of 3.97% over the beginning of the year; total liabilities were 3.597 billion yuan, an increase of 5.47% over the beginning of the year; the asset-liability ratio was 49.32%, an increase of 0.7% over the beginning of the year; the owner's equity belonging to the parent company was 3.084 billion yuan, an increase of 2.52% over the previous year The net cash flow of operating activities was 377 million yuan, an increase of 118.67% over the same period last year.
During the reporting period, the revenue of float glass reached 1.122 billion yuan, an increase of 10.46% over the previous year, mainly due to the resumption of production after cold repair and technical transformation of Jiangsu Pilkington Yaopi Glass Co., Ltd., and the income increased over the previous year. The gross profit margin decreased by 2.55% over the previous year, mainly due to the fact that the main products of the float glass plate are automotive original glass, and the slowdown in the automotive industry has led to changes in the product structure of automotive original glass and an increase in some fuel prices. affected the product gross profit margin dropped slightly.
The revenue from construction processing glass reached 173 million yuan, an increase of 20.80% over the previous year, and the gross profit margin increased by 5.67%. The main reason is that the company paid close attention to the market in 2018, increased the order volume, improved the capacity utilization rate, improved the order quality, and promoted the product differentiation strategy. make full use of brand and technological advantages to successfully undertake high-quality projects.
The income of automobile processing glass reached 1.239 billion yuan, an increase of 26.39% over the same period last year, mainly due to the growth of business income through the extension of innovative industry chain and extensive market layout. Gross profit margin decreased by 3.09% over the previous year. The main reason is that as the growth rate of the automobile industry slows, market competition becomes more fierce, and the prices of some products fall.