Securities code: 600835 (a) 900925 (b) stock abbreviation: Shanghai Mechanical & Electrical Industry Co.Ltd(600835) electromechanical B share No.: pro 2022-002
Shanghai Mechanical & Electrical Industry Co.Ltd(600835)
2021 annual performance forecast
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:
Shanghai Mechanical & Electrical Industry Co.Ltd(600835) (hereinafter referred to as: the company) expects that the performance in 2021 will decrease by 282.5 million yuan to 395.5 million yuan compared with that in 2020, a year-on-year decrease of 25% to 35%.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
According to the preliminary calculation of the company’s financial department, it is expected that the net profit attributable to the shareholders of the listed company in 2021 will be reduced by 282.5 million yuan to 395.5 million yuan compared with the same period of the previous year, a year-on-year decrease of 25% to 35%. 2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 1129.9613 million yuan.
(II) earnings per share: 1.10 yuan.
3、 Main reasons for performance reduction in the current period
The main reason for the change of the company’s performance is that the company has made impairment provision for the receivables of Evergrande group and its member enterprises (hereinafter referred to as Evergrande group). In view of the overdue situation of the company’s receivables to Evergrande group, the management of the company conducted a special analysis and evaluation on the receivables of Evergrande group and considered that there were obvious signs of impairment, so it was necessary to make a single impairment provision.
If the above factors of individual impairment provision are excluded, it is expected that the net profit attributable to the shareholders of the listed company in 2021 will increase slightly compared with 2020.
4、 Risk tips
At present, the holding subsidiary of the company is actively pursuing relevant receivables, and the two parties are actively communicating on the payment of past receivables in combination with the resumption of work and production of Evergrande group. The company is also cooperating with Evergrande group to resume work and production. After Evergrande group normally pays for the goods, the company provides products to cooperate with its resumption of work and production. At present, the company’s receivables to Evergrande group have occurred in the past, and there is no new situation.
This performance forecast is the calculation made by the company based on the current overdue accounts receivable and risk of customers. The company will pay close attention to the recovery of relevant accounts receivable and the operation of overdue customers, make corresponding accounting treatment in time, and fulfill the obligation of information disclosure. Before the disclosure of the 2021 annual report, changes in the operation and repayment of the customer will affect the amount of impairment provision and the data of the company’s performance forecast.
5、 Other explanatory matters
The above forecast data is only the preliminary accounting data of the company’s financial department and has not been audited by certified public accountants. 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 Mechanical & Electrical Industry Co.Ltd(600835) board of directors
January 29, 2002
