Innuovo Technology Co.Ltd(000795)
Financial statement report of 2021
Innuovo Technology Co.Ltd(000795) (hereinafter referred to as " Innuovo Technology Co.Ltd(000795) " or "the company") has audited the financial statements of 2021 by Hexin Certified Public Accountants (special general partnership), and issued an unqualified audit report of Hexin Shen Zi (2022) No. 000310 standard. The audit opinion is: Innuovo Technology Co.Ltd(000795) financial statements are prepared in accordance with the accounting standards for business enterprises in all major aspects, and fairly reflect the financial position of Innuovo Technology Co.Ltd(000795) consolidated and the company as of December 31, 2021, as well as the operating results and cash flow of the consolidated and the company in 2021.
The annual financial status report of the company after audit and confirmation is as follows (amount: yuan):
1、 Main financial data and indicators
Increase or decrease of the project from 2021 to 2020 over the previous year
Operating income 3760091573802 Bank Of Shanghai Co.Ltd(601229) 24510 44.55%
Net profit attributable to shareholders of listed company 1354265525010211820264 32.62%
Net profit attributable to shareholders of listed companies after deducting 52.07% of non recurring profit and loss of 102877240356765013340
Net cash flow from operating activities -1296501981014 Jiangsu Jiangyin Rural Commercial Bank Co.Ltd(002807) 037 -192.59%
Basic earnings per share (yuan / share) 0.119 0.090 32.22%
Diluted earnings per share (yuan / share) 0.119 0.090 32.22%
Weighted average return on net assets: 5.62%, 4.46%, 1.16%
Increase or decrease of the project at the end of 2021 and 2020 compared with the end of the previous year
Total assets 447774658028394617337787 13.47%
Net assets attributable to shareholders of listed companies 24755283289223401177642 5.79%
2、 Financial status, operating results and cash flow of the company during the reporting period
(I) financial status
Increase or decrease of the project from December 31, 2021 to December 31, 2020 compared with the end of last year
Current assets: 2169394966%
Non current assets 10280545803998918123817 3.93%
Total assets 447774658028394617337787 13.47%
Current liabilities 189279346383147657657657886 28.19%
Non current liabilities 60262032796282490308 - 4.08%
Total liabilities 195305549662153940148194 26.87%
Equity attributable to the parent company 23483727592%
explain:
1. The items with large changes in the company's asset items include: the monetary capital decreased by 579363600 yuan or 63.92% compared with the end of the previous year, mainly due to the net outflow of cash from the company's operating activities in the current period; Other current assets increased by 2929464 million yuan or 81.25% compared with the end of the previous year, mainly due to the large increase in certificates of deposit and time deposits of the company in the current period.
2. The items with large increase or decrease in the company's liability items include: notes payable increased by 1458312 million yuan or 52.11% compared with the end of the previous year, mainly due to the increase in the company's settlement and payment using bank acceptance bills in the current period; Accounts payable increased by 3567284 million yuan or 86.91% compared with the end of the previous year, mainly due to the increase of accounts payable due to the expansion of the company's sales scale and the increase of purchased materials.
(II) operating results
Increase or decrease of the project from 2021 to 2020 over the previous year
Operating income 3760091573802 Bank Of Shanghai Co.Ltd(601229) 24510 44.55%
Operating cost 317320688843214130422661 48.19%
Sales expense 8608325384811 China Minsheng Banking Corp.Ltd(600016) 0 6.07%
Administrative expenses 1921547262515334076101 25.31%
R & D expenses 1727679734512899937654 33.93%
Financial expenses 22943893681276229506 79.78%
Operating profit 142154813477712764480 84.31%
Total profit 1299281407874789757 73.82%
Net profit 97919187737411246006 32.12%
Net profit attributable to the owner of the parent company 1354265525010211820264 32.62%
explain:
1. Description of operating income and cost during the reporting period
Increase or decrease of projects / products from 2021 to 2020 over the previous year
business income
NdFeB 227713349956152766213897 49.06%
Motor series 12595740979090401013072 39.33%
Others 2233839763416955697541 31.75%
Operating costs
NdFeB 189749126351125903207393 50.71%
Motor series 10253471459070201267309 46.06%
Others 2503684790218025947959 38.89%
Gross profit margin
NdFeB 16.67% - 17.58% - 0.91%
Motor series 18.60% - 22.34% - 3.74%
Others -12.08% - 6.31% - 5.77%
2. The company's R & D expenses increased by 437686 million yuan or 33.93% over the previous year, mainly due to the increase in R & D expenses of new projects in the current period; Financial expenses increased by 101816 million yuan over the previous year, mainly due to the increase in interest expenses.
(III) cash flow
Increase or decrease of the project from 2022 to 2021 over the previous year
Net cash flow from operating activities -1296501981014 Jiangsu Jiangyin Rural Commercial Bank Co.Ltd(002807) 037 -192.59%
Net cash flow from investment activities -10954459240 -17552954862
Net cash flow from financing activities 255524419728385825410 - 91.00%
Net increase in cash and cash equivalents -218014192424530997201 -188.87%
explain:
The main reason for the change of net cash flow from operating activities compared with the same period of the previous year is that the increase in cash received from selling goods and providing labor services is less than that paid for purchasing goods and receiving labor services, and the increase in cash paid to and for employees in the current period is relatively large;
The change of net cash flow from investment activities compared with the same period of last year is mainly due to the decrease of cash expenditure paid by subsidiaries in this period compared with the same period of last year;
The change of net cash flow from financing activities compared with the same period of last year is mainly due to the decrease of cash received from loans and the increase of cash paid for debt repayment.
3、 Main financial indicators
Increase or decrease of the project from 2021 to 2020 over the previous year
Asset liability ratio 43.62%, 39.01%, 4.61%
Gross profit margin of sales: 15.61% - 17.68% - 2.07%
Net profit margin of sales: 2.60% - 2.85% - 0.25%
Weighted average return on net assets: 5.62%, 4.46%, 1.16%
Earnings per share 0.119 0.090 32.22%
Innuovo Technology Co.Ltd(000795) board of directors March 12, 2002
