Guangdong Tapai Group Co.Ltd(002233)
Year 2021
audit report
Index page number
Audit report financial statements of the company
- consolidated balance sheet 1-2
- balance sheet of parent company 3-4
- consolidated income statement 5
- income statement of the parent company 6
- consolidated cash flow statement 7
- cash flow statement of the parent company 8
- Consolidated Statement of changes in shareholders' equity 9-10
- statement of changes in shareholders' equity of the parent company 11-12
Notes to financial statements 13-125
audit report
Xyzh / 2022szaa60009 Guangdong Tapai Group Co.Ltd(002233) all shareholders:
1、 Audit opinion
We have audited the financial statements of Guangdong Tapai Group Co.Ltd(002233) (hereinafter referred to as Guangdong Tapai Group Co.Ltd(002233) ), including the consolidated and parent company's balance sheet as of December 31, 2021, the consolidated and parent company's income statement, consolidated and parent company's cash flow statement, consolidated and parent company's statement of changes in owner's equity and notes to relevant financial statements in 2021.
In our opinion, the attached financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises in all material aspects, and fairly reflect the financial position of Guangdong Tapai Group Co.Ltd(002233) the consolidated and parent company as of December 31, 2021, as well as the consolidated and parent company's operating results and cash flow in 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. In accordance with the code of professional ethics for Chinese certified public accountants, we are independent of Guangdong Tapai Group Co.Ltd(002233) , 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、 Key audit matters
The key audit matters are the most important matters that we consider to audit the current financial statements according to our professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We will not express separate opinions on these matters.
The key audit matters identified in our audit are summarized as follows:
Key audit matters how to deal with them in the audit
Revenue recognition
The audit procedures related to the evaluation of revenue recognition include the following procedures:
(1) Understand and evaluate the design and operation effectiveness of key internal controls of Guangdong Tapai Group Co.Ltd(002233) and its subsidiaries mainly engaged in cement and cement production related to revenue recognition;
Production and sales of products. (2) Select samples to check the sales contract, identify the terms and conditions of the transfer of control over Guangdong Tapai Group Co.Ltd(002233) sales of cement and cement products in 2021, and evaluate whether the revenue recognition time point when Guangdong Tapai Group Co.Ltd(002233) recognized main business income is RMB meets the accounting standards for business enterprises of 767022615065 yuan. requirement;
Guangdong Tapai Group Co.Ltd(002233) sales of cement and cement products, (3) monthly cement is obtained from the cement delivery system, and the revenue is recognized when the customer obtains the control of relevant commodities. The quantity of clinker delivered by customers, analyze its data characteristics, pay attention to the goods picked up by customers, and take the sales quantity of cement and cement products transported out of the company abnormally, and confirm the revenue with the financial system as the time point of the warehouse of the company as the time point of revenue recognition; The company is responsible for comparing and analyzing the differences; For those transported, cement and cement products shall be transported to the place designated by the customer. (4) samples of revenue transactions recorded in this year shall be selected as the time point of revenue recognition. Check invoices, sales contracts and shipping orders, and evaluate whether revenue recognition is in line with Guangdong Tapai Group Co.Ltd(002233) revenue recognition because revenue is the key performance indicator of Guangdong Tapai Group Co.Ltd(002233) and there will be management manipulation of accounting policies in order to achieve specific goals or expectations; For the inherent risks at the time point of revenue recognition, we regard Guangdong Tapai Group Co.Ltd(002233) (5) the recognition of revenue recognition as a key audit matter with respect to the delivery records before and after the balance sheet date. Select samples and check the shipping note, accounting voucher and other accounting policies on revenue recognition. See note IV and 29 for details; Supporting documents to evaluate whether the income is recorded in the company. For the disclosure of operating income, see note VI and 36. Current accounting period;
(6) Analyze the changes of income and gross profit in combination with the changes of industrial policies and the situation of Companies in the same industry, and judge whether the increase of income and the change of gross profit margin in the current period are reasonable.
4、 Other information
Guangdong Tapai Group Co.Ltd(002233) Management (hereinafter referred to as management) is responsible for other information. Other information includes the information covered in the annual report of Guangdong Tapai Group Co.Ltd(002233) 2021, but does not include the financial statements and our audit report.
Our audit opinion on the financial statements does not cover other information, and we will not issue any form of assurance conclusion on other information.
In combination with our audit of the financial statements, our responsibility is to read other information and consider whether other information is materially inconsistent with the financial statements or the information we have learned in the audit process, or there seems to be material misstatement.
Based on the work we have performed, if we determine that there is a material misstatement in other information, we should report that fact. In this regard, we have nothing to report.
5、 Responsibilities of management and governance for financial statements
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 assessing the going concern ability of Guangdong Tapai Group Co.Ltd(002233) the company, disclosing matters related to going concern (if applicable), and applying the going concern assumption, unless liquidation, termination of operation or no other realistic option is planned.
The management is responsible for supervising the financial reporting process of Guangdong Tapai Group Co.Ltd(002233) .
6、 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:
(I) 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.
(II) understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express opinions on the effectiveness of internal control.
(III) evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures. (IV) draw a conclusion on the appropriateness of the management's use of the going concern assumption. 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 Guangdong Tapai Group Co.Ltd(002233) going concern ability. 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 result in Guangdong Tapai Group Co.Ltd(002233) inability to continue as a going concern.
December 31, 2021
Prepared by: Guangdong Tapai Group Co.Ltd(002233) unit: RMB
Project notes December 31, 2021 December 31, 2020
Current assets:
Monetary capital VI. 1144415998127202545549615
Trading financial assets VI. 2340733088628256377043169
Derivative financial assets
Notes receivable VI. 325000 Shenzhen Sed Industry Co.Ltd(000032) 44653429
Accounts receivable VI. 426725373203706415548
Receivables financing
Prepayment VI. 522616884553935286701
Other receivables VI. 620510119602142624948
Inventory VI. 76719232311157225386607
Contract assets
Assets held for sale
Non current assets due within one year VI. 862701174204912879996
Other current assets VI. 92420615060761617919433
Total current assets 590052915628595707759446
Non current assets:
Debt investment VI. 101006115844026500000000
Other debt investment
long-term receivables
Long term equity investment VI. 115240796674951291997294
Investment in other equity instruments VI. 1217502405811861285884
Other non current financial assets VI. 139856657379077302707434
Investment real estate VI, 1410163,
