BOE’s net profit in 2020 exceeds 5 billion: sales of five major displays including smart phones and TVs rank first in the world

BOE’s net profit in 2020 exceeds 5 billion: sales of five major displays including smart phones and TVs rank first in the world https://www.duzline.com

In the past ten years, all kinds of mobile devices have ushered in a leap-forward development. In recent years, smart cars have also developed rapidly.

The development of these industries has driven many related industries, especially glass panel manufacturers.

all require a large number of screens, and BOE has performed extremely well among them. Recently, BOE released its 2020 financial report.

In 2020, BOE’s annual operating income reached 135.553 billion yuan, a year-on-year increase of 16.8%; net profit attributable to shareholders of listed companies was 5.036 billion yuan, a year-on-year increase of 162.46%; basic earnings per share were 0.13 yuan/share, a year-on-year increase of 160% .

At the same time, BOE’s cash flow is also abundant, with net cash flow from operating activities of 39.252 billion yuan.

BOE’s display business has achieved rapid development in 2020, and its leading position in semiconductor display has been further consolidated. Last year, it achieved revenue of approximately 131.971 billion yuan, an increase of approximately 16.03% year-on-year.

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The market position of display devices has steadily improved, and overall sales have increased by 18% year-on-year. The sales market share of five mainstream products such as smart phone LCD displays, tablet computer displays, notebook computer displays, monitor displays, and TV displays continues to rank first in the world. One.

The market share of innovative application products has also increased rapidly, with the market share of wearables, ESL, electronic signage, splicing, and IoT financial applications ranking the first in the world; the volume of flexible OLED products has accelerated, and the annual sales volume has increased by more than 100% year-on-year.

BOE’s 2020 earnings report

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BOE’s net profit in 2020 exceeds 5 billion: sales of five major displays including smart phones and TVs rank first in the world https://www.duzline.com
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