Sunny Optical Technology (Group) Company Limited (HKEX:2382) Annual Report 2021



The latest annual report of Sunny Optical Technology (Group) Company Limited (2382) was published on 31 Dec 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 2382 Annual Results

Amounts in CNY

Total Revenue
37.5B
Gross Profit
8.74B
EBIT
5.06B
Net Tangible Assets
20.28B
Net Income
4.99B
Capital Expenditures
-2.53B

2382 Income Statement 2021 Annual Report

As per the latest Income Statement of 2382, the Net revenue decreased by ¥-504.91M (-1%) compared to the previous period. The operating income in 2021 decreased by ¥-121.84M (-2%). The net income as per the annual report was 4.99B which increased by ¥116.21M (2%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue37.5B38B
Gross Profit8.74B8.7B
Operating Income5.06B5.18B
Income Before Tax5.63B5.64B
Net Income4.99B4.87B

Balance Sheet - 2382 2021 Annual Report

Read further: 2382 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Sunny Optical Technology (Group) Company Limited showed the company increased the cash on balance sheet by ¥2.763408B (97%). The Net tangible assets of 2382 on the balance sheet were at 20.28B which is ¥4.047059B (25%) more than previous annual report. The total stockholder equity also increased by ¥3.990848B (24%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash5.61B2.84B
Total Assets38.77B 35.44B
Long Term Debt4.52B3.9B
Total Liabilities17.88B 18.61B
Total Shareholder Equity20.59B16.6B
Net Tangible Assets20.28B16.23B

Cash Flow Statement - 2382 2021 Annual Report

The 2021 annual cash flow statement of Sunny Optical Technology (Group) Company Limited showed that the net income increased by ¥116.21M (2%) compared to previous reporting period. Also the capital expenditure of 2382 increased by ¥150.98M (6%).

As of 2021, the total cash from investing activities was -2.9B and total cash from financing activities was -1.24B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income4.99B4.87B
Capital Expenditures-2.53B-2.68B
Dividends Paid-987.04M-796.46M
Total Cash From From Investing Activities-2.9B-5.98B
Total Cash From From Financing Activities-1.24B-222.25M

Sunny Optical Technology (Group) Company Limited Annual Report History

Income Statement

Income Statement history of Sunny Optical Technology (Group) Company Limited (HKEX:2382)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue37.5B38B37.85B25.93B
Cost Of Revenue28.76B29.3B30.1B21.02B
Gross Profit8.74B8.7B7.75B4.91B
Research Development2.64B2.5B2.21B1.36B
Selling General Administrative1.03B1.03B929.03M643.77M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses32.44B32.82B33.25B23.03B
Operating Income5.06B5.18B4.6B2.9B
Total Other Income Expense Net577.77M463.93M-51.05M-51.88M
Ebit5.06B5.18B4.6B2.9B
Interest Expense-230.25M-233.74M-250.44M-202.14M
Income Before Tax5.63B5.64B4.55B2.85B
Income Tax Expense578.97M702.63M530.97M338.6M
Minority Interest307.19M228.89M173.29M54.05M
Net Income From Continuing Ops5.06B4.94B4.02B2.51B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income4.99B4.87B3.99B2.49B
Net Income Applicable To Common Shares4.99B4.87B3.99B2.49B

Balance Sheet Statement

Balance Sheet Statement history of Sunny Optical Technology (Group) Company Limited (HKEX:2382)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash5.61B2.84B1.92B2.25B
Short Term Investments1.09B287.74M70.75M74.92M
Net Receivables7.04B7.86B9.34B6.14B
Inventory5.48B5.78B5.15B3.07B
Other Current Assets284.54M234.88M170.03M343.97M
Total Current Assets27.99B25.63B22.45B16.77B
Long Term Investments899.92M842.8M339.63M504.75M
Property Plant Equipment8.81B7.99B6.97B4.52B
Good Will2.12M2.12M2.12M-
Intangible Assets306.93M363.14M419.16M348.82M
Other Assets767.63M607.33M516.7M707.45M
Deferred Long Term Asset Charges255.65M207.33M131.18M42.6M
Total Assets38.77B35.44B30.69B22.85B
Accounts Payable7.76B8.5B9.63B6.05B
Short Long Term Debt1.54B2.07B1.12B1.48B
Other Current Liab821.66M913.13M545.19M385.74M
Long Term Debt4.52B3.9B4.16B4.08B
Other Liab1.38B1.21B1.06B806.58M
Minority Interest307.19M228.89M173.29M54.05M
Total Current Liabilities11.87B13.41B12.63B8.68B
Total Liab17.88B18.61B17.97B13.56B
Common Stock105.16M105.16M105.16M105.16M
Retained Earnings20.59B16.55B12.45B9.07B
Treasury Stock-103.56M-58.02M-987k59.15M
Other Stockholder Equity-103.56M-58.02M-987k59.15M
Total Stockholder Equity20.59B16.6B12.55B9.23B
Net Tangible Assets20.28B16.23B12.13B8.89B

Cash Flow Statement

Cash Flow Statement history of Sunny Optical Technology (Group) Company Limited (HKEX:2382)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income4.99B4.87B3.99B2.49B
Depreciation1.76B1.63B1.28B819.4M
Change To Netincome7.76M544.82M868.95M455.64M
Change To Account Receivables833.62M1.45B-3.39B-620.03M
Change To Liabilities-778.63M-455M4.12B932.42M
Change To Inventory168.84M-882.78M-2.21B-519.92M
Change To Operating Activities-389k-502k1.55M4.67M
Total Cash From Operating Activities6.98B7.16B4.66B3.57B
Capital Expenditures-2.53B-2.68B-3.07B-2.49B
Investments-685.42M-3.49B-837.51M-3.1B
Other Cashflows From Investing Activities314.29M250.64M444.59M161.79M
Total Cashflows From Investing Activities-2.9B-5.98B-3.56B-5.5B
Dividends Paid-987.04M-796.46M-621.16M-725.12M
Net Borrowings154.3M971.68M-428.76M3.92B
Other Cashflows From Financing Activities-196.49M-246.08M-221.17M-151.4M
Total Cash From Financing Activities-1.24B-222.25M-1.44B2.96B
Effect Of Exchange Rate-72.65M-37.04M-1.56M2.04M
Change In Cash2.76B924.53M-337.06M1.03B
Repurchase Of Stock-212.18M-151.4M-170.25M-89.32M