Shenzhen Yinghe Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 08:00 am EDT
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Shenzhen Yinghe Technology Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,384.713 million compared to CNY 1,669.764 million a year ago. Operating income was CNY 213.330 million compared to CNY 208.976 million a year ago. Net income was CNY 190.692 million compared to CNY 164.686 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.29 a year ago.
SHENZHEN YINGHE TECHNOLOGY CO.,LTD. is mainly engaged in the manufacture of lithium electric equipment. The Company's main business is the research and development, design, manufacture, sale of automated production equipment for lithium-ion battery, and the provision of related services. The Company's main products include six equipment series such as coating machines, slitting machines, tableting machines, winding machines, die cutting machines and lamination machines as well as related assisted machines. The products are primarily used in the manufacture of lithium-ion batteries and are sold to China domestic and overseas markets.