Ninestar Reports Strong Financial Performance for Fiscal Year 2021

Ninestar Reports Strong Financial Performance for Fiscal Year 2021

According to cninfo.com.cn, Ninestar operating revenue turned out to be RMB22.79 billion (US$3.43 billion) in fiscal year 2021, up 7.94% compared to last year. Net profit attributable to shareholders of the listed company increased 701.23% year-over-year to RMB1.16 billion (US$174.57 million). Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses turned out to be RMB657.72 million (US$98.97 million), up 1164.14%.

Total assets in the fiscal year 2021 increased 9.82% year-over-year to RMB43.59 billion (US$6.56 billion). Net assets attributable to the listed company were RMB 14.29 billion (US$2.15 billion), up 70.32% year-over-year.

During the reporting period, overall shipments of Ninestar printers ranked fourth place in the global laser printer market. Pantum’s international laser printer shipment leads the industry with significant growth, while Lexmark laser printer enjoys a leading market ratio in the global high-end laser printer segment. In addition, Ninestar aftermarket print consumables business, aftermarket print chip business and printer control chip business are all in a leading position in the segments across the world.

The company’s integrated circuit design and application business is also in a leading position in China, with independent CPU design capabilities and complex SoC chip design capabilities.

Related:

• Ninestar Reports Growth in Q1 2022
• Ninestar Forecasts Profit Growth in Q1
• Ninestar Forecasts Results for Fiscal Year 2021
• Final: Ninestar Reports Net Profit Growth in Q3
• Ninestar Forecasts Significant Profit Growth for the First Three Quarters

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