Securities code: 601330 securities abbreviation: Dynagreen Environmental Protection Group Co.Ltd(601330) Announcement No.: pro 2022-004 Dynagreen Environmental Protection Group Co.Ltd(601330)
Announcement of 2021 annual performance express
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.
The main financial data of 2021 contained in this announcement are preliminary accounting data, which have not been audited by an accounting firm. The specific data shall be subject to the data disclosed in the 2021 annual report of Dynagreen Environmental Protection Group Co.Ltd(601330) (hereinafter referred to as “the company”), and investors are reminded of investment risks.
1、 Main financial data and indicators in 2021
Unit: 10000 yuan
Increase / decrease range of the project in the same period of last year in the reporting period (%)
Total operating income 507286.97 227761.88 122.73
Operating profit 88089.51 62696.26 40.50
Total profit 88615.68 62788.86 41.13
Net profit attributable to shareholders of listed company 70023.99 50338.55 39.11
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 68801.64, 48469.97 and 41.95
Basic earnings per share (yuan) 0.50 0.43 16.28
The weighted average return on net assets was 11.09% and 13.80%, a decrease of 2.71 percentage points
The weighted average return on net assets was 10.90% and 13.29%, with a decrease of 2.39 percentage points (after deducting non recurring profits and losses)
Project at the end of the reporting period at the beginning of the reporting period at the beginning of the reporting period (after adjustment) (before adjustment) range (%)
Total assets 2022713.39 1830122.10 1744607.14 10.52
Net assets 692056.44 642151.06 578027.82 7.77
Attributable to listed companies
Equity of all shareholders of the company 653100.84 609537.59 548766.59 7.15
Share capital 139344.00 139344.00 139344.00 0.00
Attributable to listed companies
4.69 4.37 3.94 7.15 net assets per share of shareholders of the company (yuan)
Note: 1. According to the interpretation of accounting standards for Business Enterprises No. 14 (hereinafter referred to as “No. 14 document”) issued by the Ministry of finance, the accounting treatment of government and social capital cooperation (PPP) project contracts that meet the corresponding conditions shall be subject to the corresponding accounting treatment in accordance with accounting standards for Business Enterprises No. 14 – revenue. The company’s annual financial report for 2021 will be prepared in accordance with document No. 14 to confirm the construction income and adjust the undistributed profit at the beginning of 2021 and the amount of other relevant subjects in the financial statements as required (such as increasing the balance of intangible assets and increasing the amortization amount of this year and subsequent years), and the information of comparable periods will not be adjusted.
2. The “increase / decrease range” of asset and equity items in the above table is calculated based on the opening amount at the later stage of adjustment.
2、 Description of operating performance and financial status
(I) main operating conditions, financial conditions and main factors affecting operating performance of the company
In 2021, the company achieved an operating revenue of 5072.8697 million yuan, a year-on-year increase of 122.73%; The net profit attributable to the shareholders of the listed company was 700.2399 million yuan, a year-on-year increase of 39.11%; The basic earnings per share was 0.5 yuan, a year-on-year increase of 16.28%; The asset liability ratio at the end of 2021 increased slightly compared with that at the beginning of the year. The main factors affecting the company’s performance are: the increase of operation projects and the improvement of capacity utilization of some operation projects, and the waste disposal capacity and online power have reached a new record; The company completed the non-public offering of A-Shares by the end of 2020, the share capital and owner’s equity increased, and the financial expense rate decreased; Execute Document No. 14 and confirm the construction income of BOT project; The impairment test is carried out for Tianjin Ninghe straw incineration power generation project, and the provision for asset impairment is proposed.
(II) if the company’s operating revenue and net profit attributable to shareholders of listed companies increased by more than 30%, the company’s operating revenue and net profit attributable to shareholders of listed companies increased significantly year-on-year in the reporting period, mainly due to the increase of operating projects and the improvement of capacity utilization of some operating projects. In 2021, Shishou project, Yongjia phase II project and Pingyang phase II project of the company were put into operation successively in the first half of the year. Haining expansion project, Huizhou phase II project, Hong’an project and Yichun project put into operation in the first half of 2020 were put into operation throughout 2021; Shantou and other projects operated stably and the capacity utilization rate was improved. According to the accounting standards for business enterprises, Document No. 14 and other relevant provisions, the company plans to recognize the construction income and construction cost of BOT project during the construction period; Carry out impairment test on Ninghe straw power generation project, and withdraw impairment provision according to the test results.
3、 Risk tips
The company’s implementation of Document No. 14 to change accounting policies and the provision for impairment of Ninghe straw power generation project need to be reviewed and approved by the board of directors, and there are still some uncertainties. In addition, there are no major uncertainties affecting the accuracy of this performance express. However, the annual data of 2021 contained in this announcement is only preliminary accounting data, which may be different from the data disclosed in the 2021 annual report. The specific data shall be subject to the data disclosed in the company’s 2021 annual report. Please pay attention to the investment risk.
It is hereby announced.
Dynagreen Environmental Protection Group Co.Ltd(601330) board of directors February 9, 2022
