How about Qingdao Tianneng Heavy Industry Co., Ltd.?

Huaxia energy network

Qingdao Tianneng Heavy Industry Co., Ltd. (referred to as "Tianneng Heavy Industry") on the fast track of wind power development in Shanghai will continue to increase its drama in 2020.

Tianneng Heavy Industry, established in 2006, is a leading manufacturer and supplier of wind turbine tower (tower) equipment in China, specializing in manufacturing and selling megawatt wind turbine tower and related products, ranking in the forefront of tower manufacturing industry. In addition to wind power generation, its business also involves photovoltaic power generation, biomass power generation and other aspects. The company was listed on the Shenzhen Stock Exchange on 20 16, 1 1.

In recent years, China's offshore wind power has developed rapidly and the market scale has been expanding. Tianneng Heavy Industry made strategic transformation in time, increased investment in wind farm operation, and quickly entered the field of offshore wind power tower and single pile manufacturing. This allows Tianneng Heavy Industry to benefit a lot from its performance.

Huaxia Energy Network learned that Tianneng Heavy Industry achieved an operating income of about 2.464 billion yuan in 20 19, up 76.83% year-on-year; The net profit attributable to shareholders of listed companies is about 269 million yuan, a year-on-year increase of 163.33%!

In 2020, Tianneng Heavy Industry's performance remained stable. In the first quarter of 2020, Tianneng Heavy Industry achieved a total operating income of 328 million yuan, down 8.85% year-on-year; The net profit attributable to shareholders of listed companies was 365,438+065,438+065,438+04, 500 yuan, up 65,438+00,065,438+0% year-on-year; By the end of the reporting period, the company's orders were about 4.048 billion yuan.

In addition to many advantages, Tianneng Heavy Industry also has hidden concerns. Huaxia Energy Network found that by the end of the first quarter of 2020, the net cash flow generated by Tianneng Heavy Industry's operating activities was-230 million yuan, which turned from positive to negative compared with 63.3 million yuan in the same period last year, with a decrease of -463.86%.