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BIP Annual Report
Company Profile
BIP PATIO SUNSHADING CO.,LTD dedicated to the development and production of outdoor sunshade products many years, we bring the best patio sunshading umbrella,canopy to our customers,our partners,also to the world.BIP will delegate responsibility and authority to field units to achieve the operational model where we can respond to customer needs more flexibly and promptly, while maintaining a forward-looking view. In 2016, we will continue to promote project-centered operations, and begin piloting pre-sales and post-sales alignment at the project level. Our goal is to change from a weak, "function first, project second" matrix structure to a strong, "project first, function second" matrix structure.
Building a favorable and ideal patio by decorating with outdoor sun shading products,which is BIP philosophy.at the same time, BIPATIO established strategic alliances and global partnerships with world-leading vendors Through these partnerships, we integrated high-grade resources and capabilities to help build a favorable patio sunshading industry environment.
3. The Share Capital of the Copany
Five-Years Financial Highlights
CNY Million
2016
2015
2014
2013
2012
Total Revenue
120,320,230
108,035,102
102,905,524
85,233,128
63,210,350
Tax
13,883,103
12,461,538
11,769,230
9,807,692
7,269,230
Operating profit
14,227,219
9,720,000
9,675,050
7,926,680
6,194,614
Operating margin
12%
9.1%
9.35%
9.5%
9.85%
Cash flow from operating activities
5,050,600
3,000,508
2,860,413
2,567,980
1,873,000
Net Profit
12,567,408
9,015,300
8,689,450
8,100,560
5,60,413
Cash and short-term investments
48,540,500
36,560,445
25,659,480
8,970,654
8,657,430
Working capital
30,500,300
27,000,000
25,504,320
21,253,252
12,605,000
Total borrowings
10,234,500
100,300,150
8,000,000
5,780,000
5,450,000
Owner's equity
24,500,000
25,670,455
18,567,560
13,6590,998
9,400,000
Liability ratio
50%
56%
55%
50%
45%
Total assets
175,350,230
154,324,589
133,456,670
123,450,434
105,678,000
Note: 1. The unit of amount is RMB ("￥") above.
2. To present data consistently, certain comparative figures have been restated.
