Securities code: 603388 securities abbreviation: Yuancheng Environment Co.Ltd(603388) Announcement No.: 2022-003 Yuancheng Environment Co.Ltd(603388)
Annual performance forecast for 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
1. The net profit attributable to the shareholders of the listed company in 2021 is expected to decrease by 23.229 million yuan to 41.8122 million yuan, a year-on-year decrease of 25.00% to 45.00%.
2. In 2021, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is expected to decrease by 19.0531 million yuan to 32.6625 million yuan, a year-on-year decrease of 28.00% to 48.00%.
1、 Performance forecast of the current period
(I) performance forecast period
January 1, 2021 to December 31, 2021
(II) performance forecast
1. According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company is expected to be 51.1038 million yuan to 69.687 million yuan in 2021, which is expected to decrease by 23.229 million yuan to 41.8122 million yuan compared with the same period of the previous year (statutory disclosure data), a year-on-year decrease of 25.00% to 45.00%.
2. It is estimated that in 2021, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will be 35.3844 million yuan to 48.9938 million yuan, which is expected to decrease by 19.0531 million yuan to 32.6625 million yuan compared with the same period of the previous year (statutory disclosure data), a year-on-year decrease of 28.00% to 48.00%.
(III) special instructions of Certified Public Accountants on whether the company’s current performance forecast is appropriate and prudent
The company’s current performance forecast has not been audited by certified public accountants, and the certified public accountants have not issued special instructions for the company’s current performance forecast.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 92.9161 million yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 68.0469 million yuan
(II) earnings per share: 0.32 yuan
3、 Main reasons for performance reduction in the current period
(I) impact of main business income
The company’s operating revenue in 2021 decreased by 15.00% to 30.00% compared with the same period of the previous year. The main reasons for the decrease in operating revenue are: during the reporting period, the company was more cautious in undertaking business, focused on developing business in East China, increased the proportion of business, focused on cash flow return and preventing bad debt risk, withdrew from the northern market and undertook PPP projects, On the basis of comprehensive evaluation of project implementation risks, the company carefully develops and undertakes projects; At the same time, in the process of project implementation, in order to prevent the risks caused by large-scale advance, the company adjusted the implementation progress in combination with the availability of funds from the construction party and site handover, which had a certain impact on the company’s operation.
(II) impact of non operating profit and loss and accounting treatment
The net profit attributable to the shareholders of the listed company in the forecast period of non recurring profit and loss is about 17.0755 million yuan, and the amount of non recurring profit and loss in the same period of last year is 24.8692 million yuan. Non recurring profit and loss has a certain impact on the pre reduction of the company’s performance; Accounting treatment has no significant impact on the company’s performance pre reduction.
(III) other impacts
The company has no other factors that have a significant impact on the pre reduction of performance.
4、 Risk tips
The company’s expected performance this time has not been audited by certified public accountants, and the certified public accountants have not issued special instructions on whether the company’s performance reduction in this period is appropriate and prudent. The financial department of the company conducts preliminary accounting based on its own professional judgment, and there are no major uncertain factors affecting the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data are subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Yuancheng Environment Co.Ltd(603388) board of directors January 29, 2022
