Hunan Xiangjia Animal Husbandry Company Limited(002982)
Financial statement report of 2021
In 2021, under the correct decision-making and leadership of the company's board of directors and management, through the joint efforts of all employees, the company's operating revenue and asset scale achieved stable growth. The relevant information of the financial final accounts in 2021 is reported as follows:
1、 Audit of the company's financial report in 2021
(I) the company's 2021 financial report has been audited by Tianjian Certified Public Accountants (special general partnership) and issued a standard unqualified audit report (tianjianshen [2022] No. 2-50).
(II) main financial data and indicators
Year on year increase and decrease rate of the project in 2021 and 2020
Operating income (10000 yuan) Heren Health Co.Ltd(300550) 7321895858 37.26%
Total profit (10000 yuan) 3115991773152 - 82.43%
2567861744446% - 85.28% net profit attributable to common shareholders of the company (10000 yuan)
Cash flow from operating activities 11372531614696 - 29.57% (10000 yuan)
Basic earnings per share (yuan / share) 0.25 1.87 - 86.63%
Diluted earnings per share (yuan / share) 0.25 1.87 - 86.63%
Year on year increase or decrease rate from December 31, 2021 to December 31, 2020
Total assets (10000 yuan) 2868336723776302 20.64%
Owner's equity attributable to shareholders of the parent company 1608470716043186 0.26% (10000 yuan)
In 2021, the company's operating revenue was Wuhan Ligong Guangke Co.Ltd(300557) 3 million yuan, a year-on-year increase of 37.26%; The total profit was 311599 million yuan, a year-on-year decrease of 82.43%; The decline in total profit was mainly due to the downturn of the yellow feather broiler market and the sharp rise in the price of raw materials. At the end of 2021, the total assets of the company were 28683367 million yuan, an increase of 20.64% over the previous year.
2、 Analysis of financial status, operating results and cash flow
(I) assets and liabilities at the end of 2021
Year on year increase and decrease rate of the project from December 31, 2021 to December 31, 2020
Monetary capital 29847796624576 - 54.94%
Accounts receivable 20581931852992 11.07%
Prepayment 242113140498 72.32%
Other receivables 288721160959 79.38%
Inventory 44708322818789 58.61%
Other current assets 312722270642 15.55%
Total current assets 103573 China Railway Construction Corporation Limited(601186) 8456 - 12.73%
Investment in other equity instruments 158000 0.00%
Investment real estate 2.97 4.33 - 31.38%
Fixed assets 115116488500992 35.42%
Construction in progress 38503141214252 217.09%
Productive biological assets 620668276208 124.71%
Use right assets 656283
Intangible assets 13395931022064 31.07%
Long term deferred expenses 882.37142102 - 37.91%
Deferred income tax assets 10.23
Other non current assets 999.42593795 - 83.17%
Total non current assets 1832 Chengtun Mining Group Co.Ltd(600711) 907846 53.90%
Total assets 2868336723776302 20.64%
Short term loan 22950001780000 28.93%
Accounts payable 22668891316579 72.18%
Contract liabilities 633.30 692.29 - 8.52%
Payroll payable 408676446679 - 8.51%
Tax payable 282.32 527.59 - 46.49%
Other payables 19157761824173 5.02%
Non current liabilities due within one year 710457149300 375.86%
Other current liabilities 879.47 462.86 90.01%
Total current liabilities 77763065685005 36.79%
Long term loan 2708800990000 173.62%
Lease liabilities 421428
Long term accounts payable 216908 660.00 228.65%
Deferred income 767742699819 9.71%
Total non current liabilities 41148781755819 134.36%
Total liabilities 118911847440824 59.81%
Main reasons for change:
1. Monetary capital decreased by 54.94% compared with the beginning of the period, mainly due to the decrease in net cash flow from operation caused by the rise in the price of raw materials and the decrease in net cash flow from investment caused by the increase in fixed assets investment;
2. The prepayment increased by 72.32% compared with the beginning of the period, mainly due to the expansion of business scale and the increase of prepayment for raw material purchase in the current period;
3. Other receivables increased by 79.38% compared with the beginning of the period, mainly due to the increase of deposit, debit and current accounts paid in the current period;
4. The inventory increased by 58.61% compared with the beginning of the period, mainly due to the expansion of business scale, the rise of cost, and the significant increase of raw materials, inventory goods and consumable biological assets;
5. Fixed assets increased by 35.42% compared with the beginning of the period, mainly due to the expansion of the company's construction scale;
6. The construction in progress increased by 217.09% compared with the beginning of the period, mainly due to the expansion of the company's construction scale;
7. Productive biological assets increased by 124.71% compared with the beginning of the period, mainly due to the company's expansion of production scale;
8. Intangible assets increased by 31.07% compared with the beginning of the period, mainly due to the expansion of the company's construction scale;
9. The long-term deferred expenses decreased by 76.91% compared with the beginning of the period, mainly due to the impact of the implementation of the new lease standards; 10. Other non current assets decreased by 83.17% compared with the beginning of the period, mainly due to the fact that the land advance and equity purchase advance at the beginning of the period have been converted into long-term assets;
11. Accounts payable increased by 72.18% compared with the beginning of the period, mainly due to the increase of raw material procurement and engineering equipment accounts payable;
12. The tax payable decreased by 46.49% compared with the beginning of the period, mainly due to the significant decrease of enterprise income tax payable at the end of the period compared with the beginning of the period;
13. Non current liabilities due within one year increased by 375.86% compared with the beginning of the period, mainly due to the increase of long-term borrowings due within one year;
14. Long term borrowings increased by 173.62% over the beginning of the period, mainly due to the increase in bank borrowings;
15. The long-term accounts payable increased by 228.65% compared with the beginning of the period, mainly due to the increase of sale and leaseback accounts payable.
(II) operating results in 2021
Unit: 10000 yuan
Year on year increase and decrease rate of the project in 2021 and 2020
Operating income Heren Health Co.Ltd(300550) 7321895858 37.26%
Operating cost 2477864115805430 56.77%
Taxes and surcharges 649.95 451.93 43.82%
Sales expense 41092143641754 12.84%
Administrative expenses 728587636969 14.38%
R & D expenses 546.38 457.24 19.50%
Financial expenses 139983 378.83 269.51%
Plus: other income 191888162382 18.17%
Investment income (loss expressed with "-") 157.97 280.66 - 43.72%
Credit impairment loss (loss expressed in)
