Shenzhen Crastal Technology Co.Ltd(300824)
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 13-89
ShineWing certified public accountants, Chaoyang men North Street, Dongcheng District, Beijing Tel: + 86 (010) 65542288, 9 / F, block a, Fu Hua Manson,
ShineWing No.8, Chaoyangmen Beidajie,
Dongcheng District, Beijing, fax: + 86 (010) 65547190 certified public accounts 100027, P.R. China facile: + 86 (010) 65547190
audit report
XYZH/2022SZAA30089
Shenzhen Crastal Technology Co.Ltd(300824) all shareholders:
1、 Audit opinion
We have audited the financial statements of Shenzhen Crastal Technology Co.Ltd(300824) (hereinafter referred to as Shenzhen Crastal Technology Co.Ltd(300824) company),
Including the consolidated and parent company's balance sheet as of December 31, 2021, the consolidated and parent company's income statement in 2021
Consolidated and parent company cash flow statement, consolidated and parent company statement of changes in shareholders' equity, and notes to relevant financial statements.
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 are fair
It reflects the consolidated and parent company's financial status of Shenzhen Crastal Technology Co.Ltd(300824) company as of December 31, 2021 and the consolidated and parent company in 2021
Operating results and cash flows of the parent company.
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 Shenzhen Crastal Technology Co.Ltd(300824) company 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.
1. Revenue recognition
Countermeasures in key audit matters
For example, the consolidated financial statements of Shenzhen Crastal Technology Co.Ltd(300824) company, our main audit procedures are as follows:
As described in notes IV, 30 and VI, Beiding shares 1 Test and evaluate the key internal control related to revenue. The duplicate company is mainly engaged in the correct and consistent application of accounting policies related to toaster furnace and electric water nuclear;
Pot, health pot, water dispenser, oven and other products 2 Select the production and sales samples from the accounting records and delivery records of sales revenue. In 2021 Shenzhen Crastal Technology Co.Ltd(300824) this year, check the supporting documents related to the sales, including the sales company's operating revenue of 8469132 million yuan, and contracts, orders, sales delivery orders, sales invoices and logistics transportation documents are mainly commodity sales revenue. For the export income, we also checked the relevant export declaration form and the original documents such as the customs bill of lading of Shenzhen Crastal Technology Co.Ltd(300824) company;
One of the key performance indicators, so that the management is for 3 Obtain and review the contracts related to the company's main business, analyze the performance obligations of the contracts related to false revenue recognition due to the achievement of specific objectives, and review the company's product sales;
Revenue is identified as a key audit event. 4. Select major customers and implement the letter confirmation procedure for operating income in combination with accounts receivable, advance receipts and contract liabilities;
5. Conduct cross review and analysis in combination with advance receipts, contract liabilities, accounts receivable and sales expenses, check the post period collection of accounts receivable of Shenzhen Crastal Technology Co.Ltd(300824) company, and judge the accuracy of revenue recognized by the company;
6. Analyze the income and gross profit in combination with the product type to judge whether there is abnormal fluctuation in the amount of income;
7. Conduct a cut-off test to check whether there is cross period income.
2. Provision for bad debts of accounts receivable
Countermeasures in key audit matters
As of December 31, 2021, our main audit procedures are as follows:
Notes IV. 1 to the consolidated financial statements of Dingding Co., Ltd The design and operation effectiveness of the internal process of Shenzhen Crastal Technology Co.Ltd(300824) company shall be evaluated and tested as described in 12, 6 and 3 related to bad debt provision for accounts receivable and expected credit loss; The balance of accounts receivable is 355138992 yuan Review the withdrawal process of bad debt provision for accounts receivable, evaluate the amount of account management provision of 110484565 yuan, adjust the expected credit loss and forward-looking credit loss adopted by the net management to 5025512973 yuan, and the book value is more reasonable;
High. 3. Select samples to check the aging score of accounts receivable prepared by the management. Due to the significant balance of accounts receivable and the accuracy of the management analysis table;
The management assessed the expected credit loss of accounts receivable, involving 4 In combination with the payment collection after the period, we evaluate the management's judgment and estimation of bad debt reserves and management, so the rationality of our expected credit loss;
5. Taking the provision for bad debts of accounts receivable as a close Check the key audit matters related to the bad debt provision of accounts receivable in the financial statements. Whether the disclosure meets the requirements of the accounting standards for business enterprises.
4、 Other information
The management of Shenzhen Crastal Technology Co.Ltd(300824) company (hereinafter referred to as the management) is responsible for other information. Other information includes the information covered in the 2021 annual report of Shenzhen Crastal Technology Co.Ltd(300824) company, 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 evaluating the sustainable operation ability of Shenzhen Crastal Technology Co.Ltd(300824) company, disclosing matters related to sustainable operation (if applicable), and applying the assumption of sustainable operation, unless the management plans to liquidate Shenzhen Crastal Technology Co.Ltd(300824) company, terminate operation or have no other realistic choice.
The management is responsible for supervising the financial reporting process of Shenzhen Crastal Technology Co.Ltd(300824) company.
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:
(1) 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.
(2) Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
(4) Draw conclusions on the appropriateness of management's use of going concern assumptions. 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 the sustainable operation ability of Shenzhen Crastal Technology Co.Ltd(300824) company. 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 cause Shenzhen Crastal Technology Co.Ltd(300824) company to be unable to continue its business.
(5) Evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
(6) Obtain sufficient and appropriate audit evidence for the financial information of entities or business activities in Shenzhen Crastal Technology Co.Ltd(300824) company to express audit opinions on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
We also provide a statement to the management that we have complied with the professional ethics requirements related to independence, and communicate with the management all relationships and other matters that may reasonably be considered to affect our independence, as well as relevant preventive measures (if applicable).
From the matters communicated with the management, we determine which matters are the most important for the audit of the current financial statements, thus constituting key audit matters. We describe these matters in the audit report, unless laws and regulations prohibit the public disclosure of these matters, or in rare cases, if the negative consequences of communicating a matter in the audit report are reasonably expected to exceed the benefits in the public interest, we determine that we should not communicate the matter in the audit report. ShineWing Certified Public Accountants (special general partnership) Chinese certified public accountant: Pan Chuanyun (project partner) Chinese certified public accountant: Yang Fan
Beijing China
