Jiangsu Yunyi Electric Co.Ltd(300304)
Financial statement report of 2021
Jiangsu Yunyi Electric Co.Ltd(300304) (hereinafter referred to as “the company”) has audited the balance sheet as of December 31, 2021, the income statement, cash flow statement, statement of changes in shareholders’ equity and notes to the financial statements of 2021. Tianjian Certified Public Accountants (special general partnership) has issued a standard audit report. Now the final accounts are reported as follows:
1、 Main financial indicators
In 2021, the company achieved an operating income of 109934185861 yuan, an increase of 30.94% over the same period of last year, and the net profit attributable to shareholders of listed companies was 23334375301 yuan, an increase of 18.08% over the same period of last year. The main financial indicators are as follows:
Increase and decrease of the project in 2021 and 2020
Basic earnings per share (yuan / share) 0.27 0.23 17.39%
Diluted earnings per share (yuan / share) 0.27 0.23 17.39%
Basic earnings per share after deducting non recurring profits and losses (yuan / share) 0.15 0.11 36.36%
Weighted average return on net assets 10.35%, 9.57%, 0.78%
Weighted average return on net assets after deducting non recurring profits and losses: 5.64%, 4.75%, 0.89%
Net cash flow from operating activities per share (yuan / share) 0.25 0.14 78.57%
Net assets per share attributable to shareholders of listed companies (yuan / share) 2.741 2.482 10.44%
2、 Analysis of financial position, operating results and cash flow (I) composition and changes of assets during the reporting period
Increase and decrease range of the project from December 31, 2021 to December 31, 2020
Monetary capital 1021395976217335478210 – 41.08%
Trading financial assets 75537831405108480188168 – 30.37%
Notes receivable 3078 Shenzhen Zhenye(Group)Co.Ltd(000006) 49800000 – 52.63%
Accounts receivable 3535009153431741376533 11.37%
Receivables financing 1292401287312500444189 3.39%
Prepayment 450916724871148406 – 48.24%
Other receivables 7881873977015341 2.34%
Inventory 3203860701522138720546 44.72%
Contract assets 4461464690000000 – 50.43%
Other current assets 572674450081674586641331980%
Total current assets 224214097706195558758034 14.65%
Long term equity investment 41028694494217720155 – 2.72%
Other non current assets -4129479200%
Investment real estate 62817151016662781705 – 5.72%
Fixed assets 5680133487051174262158 11.00%
Construction in progress 24407306581414140525 72.59%
Use right assets 587882975 – 100.00%
Intangible assets 28267534472676621976 5.61%
Goodwill 2487656559 – 100%
Long term deferred expenses 365 Xiamen Jihong Technology Co.Ltd(002803) 408350000 – 10.62%
Deferred income tax assets 699032368728208749 – 4.01%
Other non current assets 9616337788024258634 – 88.02%
Total non current assets 8799583200894385663396 – 6.77%
Total assets 312209929714289944421430 7.68%
1. The closing balance of monetary funds decreased by 41.08% compared with the opening balance, mainly due to the repayment of due loans in the current period; 2. The closing balance of trading financial assets decreased by 3294236 million yuan compared with the opening balance, mainly due to the maturity of financial products in the current period; 3. The closing balance of notes receivable decreased by 3.42 million yuan compared with the opening balance, mainly due to the decrease of commercial acceptance bills received in the current period;
4. The ending balance of prepayments decreased by 4202300 yuan compared with the beginning balance, mainly due to the decrease of prepayments in the current period; 5. The ending balance of inventory increased by 989989 million yuan compared with the opening balance, which was mainly due to the increase of the company’s sales business and the corresponding increase of inventory goods and raw material reserves; 6. The closing balance of contract assets decreased by 50.43% compared with the opening balance, mainly due to the provision for impairment of contract assets; 7. The closing balance of other current assets increased by 555928600 yuan compared with the opening balance, mainly due to the purchase of principal guaranteed income certificates in the current period; 8. The closing balance of other non current financial assets decreased by 86.381 million yuan compared with the opening balance, mainly due to the sale of financial assets in the current period; 9. The closing balance of construction in progress increased by 72.59% compared with the opening balance, mainly due to the arrival of prepaid equipment to the factory for acceptance and installation; 10. The ending amount of use right assets increased by 100% compared with the beginning amount, mainly due to the implementation of the new lease standards; 11. The ending amount of goodwill increased by 100% compared with the beginning amount, mainly due to the acquisition of subsidiaries from business combinations not under the same control in the current period; 12. The closing balance of other non current assets decreased by 706262 million yuan compared with the opening balance, mainly due to the arrival of prepaid equipment.
(II) composition and changes of liabilities during the reporting period
Increase and decrease range of the project from December 31, 2021 to December 31, 2020
Short term loan 804521419315937994945 – 49.52%
Notes payable 1577521397819899076760 – 20.72%
Accounts payable 2119446740017991081545 17.81%
Contract liabilities 1846313550927700508 99.02%
Payroll payable 39396565403430355746 14.85%
Tax payable 116488882573795137 103.01%
Other payables 2637995902174034699141579%
Other current liabilities 12576989946106934 172.78%
Total current liabilities 5472952034458980146274 – 7.21%
Lease liabilities 618874806 – 100.00%
Estimated liabilities 72528672618143550389749%
Deferred income 60627949595566016207 8.93%
Deferred income tax liabilities 21226285051312815647 61.69%
Total non current liabilities 95295849966896975404 38.17%
Total liabilities 6425910534065877121678 – 2.46%
1. The closing balance of short-term loans decreased by 49.52% compared with the opening balance, mainly due to the repayment of bank loans in the current period; 2. The ending balance of contract liabilities increased by 9.1861 million yuan compared with the beginning balance, mainly due to the increase of customer funds received in advance in the current period; 3. The ending amount of taxes payable increased by 5.9109 million yuan compared with the beginning amount, mainly due to the increase of enterprise income tax payable in the current period; 4. The closing balance of other payables increased by 246396 million yuan compared with the opening balance, mainly due to the increase of equity transfer payable; 5. The closing balance of other current liabilities increased by 796600 yuan compared with the opening balance, mainly due to the increase in output tax due to the increase in advance receipts from customers in the current period; 6. The ending balance of lease liabilities increased by 100% compared with the beginning balance, mainly due to the implementation of the new lease standards; 7. The ending balance of liabilities is expected to increase by 7.0714 million yuan compared with the beginning balance, which is mainly due to the loss of product quality accrued in the current period; 8. The ending balance of deferred income tax liabilities increased by 61.69% compared with the opening balance, mainly due to the increase of depreciation plus deduction of fixed assets of the company. (III) profit and loss in the reporting period
Increase and decrease of the project in 2021 and 2020
Operating income 10993418586183956116197 30.94%
Operating cost 7389896826855681288750 32.72%
Taxes and surcharges Guangdong Rongtai Industry Co.Ltd(600589) 472634392176 – 5.33%
Selling expenses 3396992905 22,37
