On August 18, 2021, Sinoma technology released the financial report for the first half of 2021.

According to the financial report, in the first half of 2021, the operating revenue of Sinoma technology is 9.359 billion RMB, a year-on-year increase of 22.76%; The attributable net profit is 1.847 billion RMB, a year-on-year increase of 103.19%; The net profit deducted from non profit is RMB 1.576 billion, with a year-on-year increase of 96.83%.

As of June 30, 2021, the total asset of Sinoma technology is 36.25 billion RMB, a year-on-year increase of 4.75%; The asset liability ratio is 61.64%, a year-on-year increase of 2.96 percentage points.

In terms of wind power blade business, Sinoma technology sold 4,554GW of wind power blades in the first half of 2021, realizing a sales revenue of 3.08 billion RMB (accounting for 31.23%), a net profit of 330 million RMB (accounting for 20.93%), and a gross profit margin of 21.77%.

Source: Sinoma Technology

Edited and translated: Following The Wind