Financial statements and audit reports of Shenzhen Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) Machinery Co., Ltd. for 2020 and 2021
catalogue
Content page
Audit report 1-3
Consolidated balance sheet 4-5
Company balance sheet 6-7
Consolidated income statement 8
Company income statement 9
Consolidated Cash Flow Statement 10
Cash flow statement of the company 11
Consolidated statement of changes in owner’s equity 12-14
Statement of changes in owner’s equity of the company 15-17
Notes to financial statements 19-164
Audit report
Zhonghui Zi (2022) No. 00152 all shareholders of Shenzhen Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) Machinery Co., Ltd.:
1、 Audit opinion
We have audited the financial statements of Shenzhen Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) Machinery Co., Ltd. (hereinafter referred to as Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company), including the consolidated and company’s balance sheets as of December 31, 2020 and 2021, the consolidated and company’s income statement, consolidated and company’s cash flow statement, consolidated and company’s statement of changes in owner’s equity and notes to relevant financial statements for 2020 and 2021.
In our opinion, the attached financial statements are prepared in accordance with the accounting standards for business enterprises in all material aspects, and fairly reflect the consolidated and financial position of Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company as of December 31, 2020 and December 31, 2021, as well as the consolidated and operating results and cash flow of the company in 2020 and 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The “responsibilities of certified public accountants for the audit of financial statements” in the audit report further expounds our responsibilities under these standards. According to the code of professional ethics for Chinese certified public accountants, we are independent of Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Responsibilities of management and governance for financial statements
Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) the management of the company (hereinafter referred to as the management) is responsible for preparing the financial statements in accordance with the provisions of the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the financial statements are free from material misstatement caused by fraud or error.
When preparing the financial statements, the management is responsible for evaluating the going concern ability of Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company, disclosing matters related to going concern and applying the going concern assumption, unless the management plans to liquidate the Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company, terminate operation or has no other realistic choice.
The management is responsible for supervising the financial reporting process of Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company.
4、 Responsibilities of certified public accountants for the audit of financial statements
Our goal is to obtain reasonable assurance on whether the financial statements as a whole are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the financial statements based on the financial statements, the misstatement is generally considered to be significant.
In the process of carrying out the audit work in accordance with the audit standards, we use professional judgment and maintain professional doubt. At the same time, we also carry out the following work:
(1) Identify and assess the risks of material misstatement of financial statements due to fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error.
(2) Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
(3) The management shall evaluate the rationality and appropriateness of accounting policy disclosure.
(4) Draw conclusions on the appropriateness of management’s use of going concern assumptions. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about the sustainable operation ability of Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company to be unable to continue its business.
(5) Evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events. (6) Obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) company to express an audit opinion on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
Consolidated balance sheet as of December 31, 2020 and December 31, 2021
(amount in RMB)
Notes to assets December 31, 2021 December 31, 2020
current assets
Monetary Fund 5.1 1131559006.48 664023850.95
Trading financial assets 5.2 20000000.00 20000000.00
Derivative financial assets —
Notes receivable 5.3 546065697.69 983246263.34
Accounts receivable 5.4 1026911937.10 1038496437.35
Receivables financing —
Prepayment 5.5 181176008.64 112664463.00
Other receivables
Including: interest receivable 184256467.82 88078121.26
Dividends receivable —
Inventory 5.7 2314504925.58 1445169153.22
Contract assets —
Assets held for sale —
Non current assets due within one year —
Other current assets 5.8 133788803.69 74776202.91
Total current assets: 8147847353.46 7309298530.84
Non current assets
Debt investment —
Other debt investments —
Long term receivables —
Long term equity investment 5.9 2476525.44 7405579.59
