Securities code: 603030 securities abbreviation: Shanghai Trendzone Holdings Group Co.Ltd(603030) Announcement No.: lin2022-004 bond Code: 113578 bond abbreviation: Quanzhu convertible bond
Shanghai Trendzone Holdings Group Co.Ltd(603030)
Announcement of annual performance loss in 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 company expects to realize the net profit attributable to the shareholders of the listed company from – 80 million yuan to – 120 million yuan in 2021.
2. The company expects that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will be -818.8 million yuan to -1218.8 million yuan in 2021.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company is expected to be – 80 million yuan to – 120 million yuan in 2021.
2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will be – 818.8 million yuan to – 1218.8 million yuan in 2021.
(III) this performance forecast has not been audited by certified public accountants.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 133.2773 million yuan; Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 112.2691 million yuan.
(II) basic earnings per share: 0.25 yuan.
3、 Main reasons for performance reduction in the current period
1. During the reporting period, Evergrande, the company’s largest customer, had liquidity problems. Since April 2021
In recent years, Evergrande’s commercial acceptance bills held by the company have been overdue, and Evergrande’s collection of receivables has deteriorated on a large scale. Although the company has taken various measures to actively respond, based on the principle of prudence, the company has accrued corresponding bad debt reserves for the amounts received from Evergrande group and its subsidiaries.
2. In order to speed up the collection of all projects and reduce the impact of Evergrande’s liquidity problems on the company’s cash flow, the company consciously gave up the visa price of some projects and accelerated the speed of project settlement and capital return, resulting in a decline in the gross profit margin of some projects.
4、 Risk tips
The company’s provision proportion for bad debt of Evergrande receivables was determined by the management of the company on December 31, 2021 based on the information about Evergrande group. Since the proposed item is a matter of adjustment after the balance sheet date, according to the relevant provisions of the fourth Accounting Standards No. twenty-ninth – balance sheet date matters, if the Hengda Group has changed significantly before the company’s financial statements are released, the company may adjust the proportion of bad debts to the group’s receivables.
The company has communicated with the annual audit accountant on the above uncertain factors, and there is no significant difference between the two sides in this performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Shanghai Trendzone Holdings Group Co.Ltd(603030) board of directors January 29, 2022
