Thunder Software Technology Co.Ltd(300496)
Financial statement report of 2021
Thunder Software Technology Co.Ltd(300496) (hereinafter referred to as “the company”) audited the 2021 annual financial report by Asia Pacific (Group) Certified Public Accountants (special general partnership) and issued a standard unqualified audit report numbered “Ya Kuai Shen Zi (2022) No. 0110002”. 1、 Key financial data
Unit: RMB 10000
Project 2021 / 2020 / change
End of 2021 end of 2020
Operating income 4126742526278836 57.04%
Operating profit 65422354619999 41.61%
Net profit 63017644497420 40.12%
Net profit attributable to common shareholders of the parent company 64726914434612 45.96%
Net cash flow from operating activities 13909053413325 – 59.25%
Basic earnings per share (yuan / share) 1.5271 1.080541.33%
Weighted average return on net assets 13.68%, 15.04% – 1.36%
Total share capital at the end of the period (10000 shares) 42505794231501 0.45%
Total assets 7238621155576148 30.25%
Total liabilities 1977119711705054 68.91%
Owner’s equity attributable to common shareholders of the parent company 5188688843267482 19.92%
Note: the above financial data are consolidated statement data. 2、 Financial status of the company
1. Composition of main assets
Unit: RMB 10000
Project changes at the end of 2021 and 2020
Monetary capital 2116678220873443 1.41%
Notes receivable 491.86 664.48 – 25.98%
Project changes at the end of 2021 and 2020
Accounts receivable 128812457921301 62.62%
Prepayment 927224680807 36.19%
Other receivables 441749390683 13.07%
Inventory 71468334004732 78.46%
Other current assets 678854307105 121.05%
Long term receivables 191357366196 – 47.74%
Long term equity investment 376343672218 – 44.01%
Investment in other equity instruments 103829037268552 42.85%
Fixed assets 47889474208097 13.80%
Right of use assets 1416933 100.00%
Construction in progress 450466169256 166.14%
Intangible assets 39996212510123 59.34%
Development expenditure 21159221048504 101.80%
Goodwill 40481964288349 – 5.60%
Long term deferred expenses 655803385193 70.25%
Deferred income tax assets 642131367523 74.72%
Total assets 7238621155576148 30.25%
At the end of the reporting period, the total assets of the company were 72386211 million yuan, an increase of 1681063 million yuan or 30.25% over the end of the previous year.
The main items with a change of more than 30% are described as follows:
(1) The balance of accounts receivable at the end of the reporting period was 12881245 million yuan, an increase of 62.62% over the end of the previous year, mainly due to the growth of the company’s business during the reporting period.
(2) The balance of prepayment at the end of the reporting period was 927224 million yuan, an increase of 36.19% over the end of the previous year, mainly due to the growth of business scale and the increase of prepayment to suppliers during the reporting period.
(3) The balance of inventory at the end of the reporting period was 7146833 million yuan, an increase of 78.46% over the end of the previous year, mainly due to the increase in the scale of contract execution, the increase in contract performance costs, more orders in hand for intelligent Internet of things business and the increase in raw material reserves during the reporting period. (4) The balance of other current assets at the end of the reporting period was 678854 million yuan, an increase of 121.05% over the end of the previous year, mainly due to the increase of input tax to be certified at the end of the reporting period.
(5) The balance of long-term receivables at the end of the reporting period was 191357 million yuan, a decrease of 47.74% over the end of the previous year, mainly due to the withdrawal of preferred shares during the reporting period.
(6) The balance of long-term equity investment at the end of the reporting period was 376343 million yuan, a decrease of 44.01% over the end of the previous year, mainly due to the disposal of foreign investment in the reporting period.
During the reporting period, it was caused by the increase of foreign strategic investment and the increase of the fair value of equity of early-stage investment.
(8) The balance of right of use assets at the end of the reporting period was 1416933 million yuan, an increase of 100% over the end of the previous year, mainly due to the implementation of the new leasing standards during the reporting period.
(9) The balance of construction in progress at the end of the reporting period was 450466 million yuan, an increase of 166.14% over the end of the previous year, mainly due to the construction of the company’s Nanjing Yuhua artificial intelligence Industrial Park project during the reporting period.
(10) The balance of intangible assets at the end of the reporting period was 3999621 million yuan, an increase of 59.34% over the end of the previous year, mainly due to the increase of self-developed software in the reporting period.
(11) The balance of development expenditure at the end of the reporting period was 211592200 yuan, an increase of 101.80% over the end of the previous year, mainly due to the increase in R & D investment in self-developed software during the reporting period.
(12) The balance of long-term deferred expenses at the end of the reporting period was 655803 million yuan, an increase of 70.25% over the end of the previous year, mainly due to the increase of decoration expenses in the reporting period.
(13) The balance of deferred income tax assets at the end of the reporting period was 642131 million yuan, an increase of 74.72% over the end of the previous year, mainly due to the implementation of equity incentive in the reporting period and the increase of deductible amount before tax in the future.
2. Composition of main liabilities
Unit: RMB 10000
Project changes at the end of 2021 and 2020
Short term loan 69601673106970 124.02%
Accounts payable 29527361524074 93.74%
Contract liabilities 25331512599287 – 2.54%
Payroll payable 26289032243376 17.19%
Taxes payable 551588335016 64.65%
Other payables 650411586870 10.83%
Non current liabilities due within one year 696608 326.46203382%
Other current liabilities 425492298768 42.42%
Lease liabilities 813602
