Shanmei International is a coal company, and the following conclusions can be drawn from the analysis of its fundamental information in recent years.
First of all, from the perspective of net profit and non-net profit, the net profit from 2019 to 2021 showed a steady growth trend. Of particular note is that in 2021, the company's net profit grew rapidly, reaching 496.5 billion, compared to 33.3 billion, an increase of nearly 15 times. Despite the impact of the pandemic in 2020 and a decline in net profit, the company managed to regain its growth momentum.
Secondly, the total operating income also showed a steady growth trend, and the company's total operating income in the past three years was 3063.1 billion, 2115.5 billion and 1076.5 billion. However, in 2021, although the net profit grew rapidly, the total operating income decreased by nearly 20 billion compared to 2019. This could mean that the company still has some room for improvement in terms of operating efficiency.
Thirdly, from the perspective of basic earnings per share and net assets per share, the company's earnings per share have shown an upward trend in the past three years, while the net assets per share are relatively stable. This shows that the company has achieved certain results in terms of profit distribution.
In terms of operating capacity, the net profit margin on sales showed a steady upward trend, which means that the company has achieved higher sales profitability. However, the gross sales margin is relatively stable, and the company may need to further optimize cost control measures.
In addition, the return on equity has remained relatively stable over the past three years, indicating that the company's asset operating efficiency remains at a high level. However, in 2020 and 2021, the company's debt-to-asset ratio increased, which could trigger potential financial risks.
Overall, the fundamental performance of Shanmei International in the past three years has been relatively stable, and the net profit and total operating income have shown an increasing trend. However, the company still needs to pay attention to the growth rate of total operating income, optimize the gross sales margin, and control the upward trend of the asset-liability ratio. This will help to further improve the company's profitability and operational stability.