Zhejiang Taitan Co.Ltd(003036)
Financial statement report of 2021
Zhejiang Taitan Co.Ltd(003036) (hereinafter referred to as " Zhejiang Taitan Co.Ltd(003036) " or "the company") has prepared the final financial statement of 2021 according to the operation and financial status of 2021, combined with the audited financial statements and consolidated financial statements of the parent company and the notes to the statements. Now it is reported as follows and submitted for deliberation.
1、 Scope and audit of consolidated statements
(I) scope of consolidated statements of the company in 2021
Parent company: Zhejiang Taitan Co.Ltd(003036)
Holding subsidiaries: Zhejiang Rongjun Technology Co., Ltd. and Aksu PuMei Textile Technology Co., Ltd
Wholly owned subsidiaries: Xinchang Shanghai Titan Scientific Co.Ltd(688133) Co., Ltd. and Xinchang aidas dyeing and finishing equipment Co., Ltd
(II) changes in the scope of consolidated statements during the reporting period
The scope of consolidated statements of the company has not changed during the reporting period.
(III) audit of financial statements in 2021
The financial statements of the company in 2021 have been audited by Lixin Certified Public Accountants (special general partnership), and an unqualified audit report of standard xksbz [2022] No. zf1012 has been issued.
2、 Main accounting data and financial indicators of the company
20212020 year-on-year increase or decrease 2019
Operating income (yuan) 12432921413466777839456 86.18% 58304959542
727 Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) 55989043364 21.44% 5940430557 net profit (yuan) attributable to shareholders of listed companies
Net profit after deducting non recurring profit and loss: 655 Shenzhen Longtech Smart Control Co.Ltd(300916) 15150291716 27.24% 5381908865 yuan
Cash flow from operating activities -108772776144471632685 -343.25% net amount of 9931649774 (yuan)
Basic earnings per share (yuan / share) 0.34 - 8.11% 0.37
Diluted earnings per share (yuan / share) 0.34 - 8.11%
Weighted average return on net assets: 6.68%, 7.53% - 0.85%, 8.90%
Increase or decrease in the end of 2021 and 2020 compared with the end of 2019
Total assets (yuan): 207581462754148502917207 39.78% 119453139335
11419844707582592888072 38.27% 76373236817 net assets attributable to shareholders of listed companies (yuan)
(I) during the reporting period, the company realized an operating income of 124329214134 yuan, an increase of 57551374678 yuan or 86.18% over the same period of last year;
(II) during the reporting period, the net profit attributable to the shareholders of the listed company was 727 Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) 5 yuan, an increase of 1283957281 yuan or 21.44% over the same period of the previous year;
(III) during the reporting period, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was 655 Shenzhen Longtech Smart Control Co.Ltd(300916) 1 yuan, an increase of 1402717445 yuan or 27.24% over the same period of the previous year;
(IV) during the reporting period, the net cash flow from operating activities of the company was -10877277614 yuan, a decrease of 15348910299 yuan or 343.25% compared with the same period of last year;
(V) during the reporting period, the company achieved basic earnings per share of 0.34 yuan, compared with 0.37 yuan per share in the same period of last year, with a decrease of 8.11%;
(VI) during the reporting period, the weighted average return on net assets of the company was 6.68%, down 0.85% from 7.53% in the same period of last year;
(VII) at the end of the reporting period, the total assets of the company were 207581462754 yuan, an increase of 59078545547 yuan or 39.78% over the end of the same period of last year;
(VIII) at the end of the reporting period, the net assets attributable to the shareholders of the listed company were 114198447075 yuan, an increase of 31605559003 yuan or 38.27% over the end of the same period of the previous year.
3、 Analysis of the company's operating results, financial position and cash flow in 2021
(I) analysis of the company's operating results in 2021
1. Income and profit realization of the year
Unit: Yuan
Indicator Name: increase / decrease ratio of amount
2021 2020
Operating income 12432921413466777839456 86.18%
Operating profit 76718111587024816408 9.21%
Total profit 78890611207013197784 12.49%
Income tax expense 321820000956348967 - 66.35%
Net profit 75672411206056848817 24.94%
89734400044% of the net profit attributable to the parent company
2. Main business by product and region
Unit: Yuan
Ratio of operating income to operating cost
Increase in the same period of last year increase in the same period of last year decrease in the gross profit margin over the same period of last year increase in the gross profit margin of operating revenue operating costs
Sub industry
Main business income 124142531595104401705911 15.90% 86.92% 91.58% - 2.05%
Sub product
Spinning equipment 5904648539447674994737 19.26% 86.02% 81.41% 2.05%
Weaving equipment 4094169854834317516748 16.18% 65.76% 81.50% - 7.27%
Logistics automation 60316418855757244663 4.55% 42.67% 39.08% 2.47% equipment
Textile yarn 1678576443115539716393 7.42% 312.94% 328.24% - 3.31%
Accessories and others 13369413371112233370 16.81% - 20.43% - 27.76% 8.44%
Sub region
Domestic 9941845555384317128543 15.19% 73.19% 75.47% - 1.10%
Overseas 2472407604220084577368 18.77% 174.43% 211.67% - 9.70%
(1) During the reporting period, the company's main business income is divided into spinning equipment, weaving equipment, logistics automation equipment, textile yarn, accessories and others according to products, including:
1) During the reporting period, the company's spinning equipment realized an operating revenue of 59046485394 yuan, with a gross profit margin of 19.26%, an increase of 86.02% and 2.05% over the same period of last year;
2) During the reporting period, the company realized an operating revenue of 40941698548 yuan, with a gross profit margin of 16.18%, an increase of 65.76% and a decrease of 7.27% over the same period of last year;
3) During the reporting period, the company's logistics automation equipment achieved an operating revenue of 6031641885 yuan, with a gross profit margin of 4.55%, an increase of 42.67% and 2.47% over the same period of last year;
4) During the reporting period, the company's textile yarn realized an operating revenue of 16785764431 yuan, with a gross profit margin of 7.42%, an increase of 312.94% and a decrease of 3.31% over the same period of last year;
5) During the reporting period, the company's accessories and other products achieved an operating revenue of 1336941337 yuan, with a gross profit margin of 16.81%, an increase of 20.43% and 8.44% over the same period of last year;
(2) During the reporting period, the company's main business revenue was divided into domestic sales and overseas sales by region, of which: 1) domestic sales revenue was 99418455553 yuan, with a gross profit margin of 15.19%, sales revenue increased by 73.19% and gross profit margin decreased by 1.10% compared with the same period of last year;
2) Overseas sales revenue was 24724076042 yuan, with a gross profit margin of 18.77%. Compared with the same period of last year, the sales revenue increased by 174.43% and the gross profit margin decreased by 9.70%;
Description of significant changes in year-on-year increase and decrease in 2021 and 2020
The sales expense was 27982582911748684190 60.02%, mainly due to the increase of sales revenue.
It is mainly due to the increase in the number of employees in the current period, the increase in management expenses of 4239647649, 2757523732 and 53.75%, and the increase in employee compensation driven by performance growth
Financial expenses - 263014227 - 204062421 28.89%
The R & D expenditure is 33288051942165066760 53.75%, mainly due to the increase of R & D investment
(II) analysis of the company's financial situation
1. Analysis of the company's assets
As of December 31, 2021, the total assets of the company were 207581462754 yuan, a year-on-year increase of 59078545547 yuan, an increase of 39.78%.
(1) As a result, the total assets of the company have changed compared with the previous year
