Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929)
Financial statement report of 2021
1、 Audit of financial statements in 2021
Anhui Huaqi Environmental Protection&Technology Co.Ltd(300929) (hereinafter referred to as "the company") has audited the 2021 financial statements of Rongcheng Certified Public Accountants (special general partnership) and issued a standard unqualified audit report. The audit opinion of the accountant is that the financial statements of the company are prepared in accordance with the accounting standards for business enterprises in all major aspects, and fairly reflect the financial position of the company and the parent company as of December 31, 2021, as well as the operating results and cash flow of the company and the parent company in 2021.
2、 Analysis of financial status, operating results and cash flow
(I) assets
Unit: RMB 10000
Year on year increase or decrease in closing balance and opening balance of the project
Monetary capital 226850512293231039182 84.53%
Trading financial assets 502057 0.00502057-
Notes receivable 30.00 990.35 -960.35 -96.97%
Accounts receivable 24303692319280111089 4.79%
Prepayment 115184 783.30 368.54 47.05%
Other receivables 100630196297 -956.67 -48.74%
Inventory 567460430584136876 31.79%
Contract assets 25274373482577 - 955140 - 27.43%
Assets held for sale 166797 0.00166797-
Non current assets due within one year: 568403584688 -162.85 -2.79%
Other current assets 475288243078232210 95.53%
Total current assets 972500686631921061814 12.26%
Long term receivables 427 Universal Scientific Industrial(Shanghai)Co.Ltd(601231) 309951145017 36.57%
Long term equity investment 635955781471 - 145516 - 18.62%
Investment in other equity instruments 100150 866.89 134.61 15.53%
Fixed assets 605552683773 -782.21 -11.44%
Construction in progress 219674 26.89216985806936%
Right of use assets 136.08 0.00 136.08-
Intangible assets 21876492399271947722 811.80%
Long term deferred expenses 366.18 887.66 - 521.48 - 58.75%
Deferred income tax assets 148499141735 67.64 4.77%
Other non current assets 115799 421.30 736.69 174.86%
Total non current assets 833951551981753141340 60.43%
Total assets 18064521138613664203155 30.32%
Note: the above data is filled in with consolidated statement data
Monetary capital at the end of the period increased by 84.53% compared with the beginning of the period, mainly due to the receipt of funds raised from initial public offering of shares in the reporting period;
Trading financial assets increased by 502057 million yuan at the end of the period compared with the beginning of the period, mainly due to the increase in the purchase of bank financial products during the reporting period;
Notes receivable at the end of the period decreased by 96.97% compared with the beginning of the period, mainly due to the endorsement transfer or due recovery of notes receivable in the reporting period;
Accounts receivable at the end of the period increased by 4.79% compared with the beginning of the period, mainly due to the increase of annual sales revenue;
The prepayment at the end of the period increased by 47.05% compared with the beginning of the period, mainly due to the increase of prepayment for project equipment during the implementation of the project;
Other receivables decreased by 48.74% at the end of the period compared with the beginning of the period, mainly due to the recovery of bid security and performance security in the reporting period;
The inventory at the end of the period increased by 31.79% compared with the beginning of the period, mainly due to the increase in the sales of water treatment products at the end of the reporting period;
Contract assets at the end of the period decreased by 27.43% compared with the beginning of the period, mainly due to the decrease of PPP projects in the financial asset mode in the construction period during the reporting period;
The assets held for sale at the end of the reporting period increased by 166797 million yuan compared with the beginning of the reporting period, mainly because the company transferred 6.67% equity of Anze environment to Anhui Fuxiao Industrial Co., Ltd., but the registration of equity transfer change has not been completed by the end of the reporting period, and the corresponding long-term equity investment has been adjusted to the assets held for sale;
Other current assets increased by 95.53% at the end of the period compared with the beginning of the period, mainly due to the increase of enterprise income tax paid in advance and input tax to be deducted in the reporting period;
Long term receivables increased by 36.57% at the end of the period compared with the beginning of the period, mainly due to the increase of franchise operation projects; The long-term equity investment at the end of the period decreased by 18.62% compared with the beginning of the period, which is mainly due to the company's plan to sell the equity of Anhui Anze Environmental Technology Co., Ltd. and transfer the corresponding long-term equity investment into assets held for sale;
The investment in other equity instruments at the end of the period increased by 15.53% compared with the beginning of the period, mainly due to the increase in investment in associates and changes in fair value;
Fixed assets decreased by 11.44% at the end of the period compared with the beginning of the period, mainly due to the depreciation of assets;
The construction in progress increased by 806936% at the end of the period compared with the beginning of the period, mainly due to the increase in investment in Fuzhou Cangshan project during the reporting period;
The right to use assets increased by 1360800 yuan at the end of the period compared with the beginning of the period, mainly due to the implementation of the new leasing standards in the reporting period;
Intangible assets increased by 811.80% at the end of the period compared with the beginning of the period, mainly due to the increase in investment in PPP projects under construction in the south of Wuhe city;
The long-term deferred expenses decreased by 58.75% at the end of the period compared with the beginning of the period, mainly due to the amortization of emergency treatment service projects in Hefei Nanfeihe River Basin during the reporting period;
Deferred income tax assets increased by 4.77% at the end of the period compared with the beginning of the period, mainly due to the increase of deductible temporary differences.
Other non current assets increased by 174.86% at the end of the period compared with the beginning of the period, mainly due to the increase of contract assets in the reporting period.
(II) liabilities
Unit: RMB 10000
Year on year increase or decrease in closing balance and opening balance of the project
Short term loan 13037791124471179308 15.95%
Notes payable 167810162480 53.30 3.28%
Accounts payable 34576473481832 -241.85 -0.69%
Contract liabilities 181943127788 541.55 42.38%
Payroll payable 685.65 771.06 - 85.41 - 11.08%
Taxes payable 574.51155670 -982.19 -63.09%
Other payables 943.16 296.91 646.25 217.66%
Non current liabilities due within one year: 282030450208 -168178 -37.36%
Other current liabilities 132.25 101.31 30.94 30.54%
Total current liabilities 56267655619377 73.88 0.13%
Long term loan 39461 Xingye Leather Technology Co.Ltd(002674) 2001271900 47.56%
Lease liabilities 60.46 0.00 60.46-
Long term accounts payable 448.33 705.40 -257.07 -36.44%
Estimated liabilities 180050143422 366.28 25.54%
Deferred income 588.14 698.36 -110.22 -15.78%
Deferred income tax liabilities 515.15 358.09 157.06 43.86%
Total non current liabilities 428735829938071293551 43.21%
Total liabilities 991412386131841 Shenzhen Av-Display Co.Ltd(300939) 15.10%
Short term borrowings at the end of the period increased by 15.95% compared with the beginning of the period, mainly due to the increase of bank short-term borrowings in the reporting period; Notes payable at the end of the period increased by 3.28% compared with the beginning of the period, mainly due to the increase in payments made by bank acceptance bill settlement in the reporting period;
Accounts payable at the end of the period decreased by 0.69% compared with the beginning of the period, mainly due to the decrease of materials and equipment payables in the reporting period;
Contract liabilities at the end of the period increased by 42.38% compared with the beginning of the period, mainly due to the increase in the company's advance receipts for unfinished projects in the reporting period;
The employee compensation payable at the end of the period decreased by 11.08% compared with the beginning of the period, which is due to the payment of employee compensation payable in the previous period during the reporting period;
The tax payable at the end of the period decreased by 63.09% compared with the beginning of the period, mainly due to the decrease of value-added tax payable in the reporting period; Other payables at the end of the period increased by 217.66% compared with the beginning of the period, mainly due to the receipt of equity transfer payment and the increase of deposit and deposit in the reporting period;
Non current liabilities due within one year decreased by 37.36% at the end of the period compared with the beginning of the period, mainly due to one year at the end of the reporting period
