Avic Jonhon Optronic Technology Co.Ltd(002179) 2021 annual financial report
1、 Audit report
Unqualified opinion of audit opinion type standard
Signing date of audit report: March 29, 2022
Name of audit institution: Dahua Certified Public Accountants (special general partnership)
Audit Report No. [2022] 005643
Name of certified public accountant: Zhang Ling, Li Haoyang
Body of audit report
I audit opinion
We have audited the financial statements of Avic Jonhon Optronic Technology Co.Ltd(002179) (hereinafter referred to as Avic Jonhon Optronic Technology Co.Ltd(002179) company), 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 shareholders' 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 consolidated and parent company's financial position of Avic Jonhon Optronic Technology Co.Ltd(002179) company as of December 31, 2021 and the consolidated and parent company's operating results and cash flow in 2021.
II 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 Avic Jonhon Optronic Technology Co.Ltd(002179) 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.
III 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. Recognition of operating income
Countermeasures in key audit matters
For example, note VII, 43 operating income and operating cost and note V, 33 operating income, the important audit procedures we have implemented for the recognition of operating income include: (1)
As stated in the revenue recognition principle, in 2021 Avic Jonhon Optronic Technology Co.Ltd(002179) company's revenue understanding, evaluation and test the design and operation of internal control related to revenue recognition
The income was 12866862700 yuan, an increase of 24.86% over the previous year. The effectiveness of the operating bank; (2) The accounting policies and specific methods for reviewing revenue recognition are
Revenue is the key performance indicator for the operation and assessment of Avic Jonhon Optronic Technology Co.Ltd(002179) company, and whether it complies with the provisions of accounting standards, the characteristics of the industry, and whether it is correct and one
There are certain inherent risks, so we use the business place of Avic Jonhon Optronic Technology Co.Ltd(002179) company; (3) Combined with the income type, the operating income and gross profit are adjusted
The recognition of revenue is identified as a key audit event. Implement analysis procedures to judge whether there is abnormal fluctuation in the amount of income in the current period;
(4) Sample check the contract signed with the customer and the sales statement of the revenue recognized in the current period
Check the relevant data of operating revenue recognition; Analyze the reasonable of customer sales
Authenticity and authenticity; (5) Obtain transaction records with customers through sampling and query
The authenticity of business income shall be confirmed by the customer's receiving and settlement records; （6）
Select samples from operating income records to conduct sampling tests and check supporting documents
Whether the parts are complete; (7) Conduct cut-off test and pay attention to whether the operating revenue is saved
In major intertemporal situations.
2. Expected credit loss of receivables
Countermeasures in key audit matters
As of December 31, 2021, the net value of receivables of Avic Jonhon Optronic Technology Co.Ltd(002179) company is an important audit procedure for the impairment of receivables, including:
93553311 million yuan, accounting for 34.66% of the total assets at the end of the period; Among them, you should (1) understand, evaluate and test Avic Jonhon Optronic Technology Co.Ltd(002179) company's customer credit policy and accounts receivable
The original value of bills received is 5050303800 yuan, and the expected credit loss is 507425 yuan. The effectiveness of the design and operation of internal control related to money management; (2) Divide
10000 yuan; The original value of accounts receivable is 4 Chengdu Haoneng Technology Co.Ltd(603809) 800 yuan, and the expected credit loss analysis shows that the estimation method of expected credit loss of accounts receivable of Avic Jonhon Optronic Technology Co.Ltd(002179) company is reasonable
274781200 yuan; The original value of other receivables is 279584 million yuan, which is predictable. Calculate the expected credit loss and analyze the receivables according to the company's accounting policies
Credit loss in the current period is 2.441 million yuan; The adequacy of the provision for expected credit losses of 122.37 items of the original financing value of accounts receivable; (3) For those with large single amount
Ten thousand yuan. The absolute amount of receivables is relatively large, and the estimated receivables with expected credit loss are combined with the characteristics of the identified debtor and the debtor's financial assets
Based on the judgment of the management, we classify the expected credit loss of the management according to the accounts receivable status and repayment ability of Avic Jonhon Optronic Technology Co.Ltd(002179) company
This expected credit loss is identified as a key audit event.
Analyze and review to confirm the rationality and withdrawal of the expected credit loss withdrawal method
Adequacy of results; (4) By analyzing the aging of accounts receivable and customer credit
Verify the expectation in combination with the letter of credit of accounts receivable and the collection after the period
Rationality of credit loss provision; (5) Review the company's receivables and corresponding
Disclosure and presentation of bad debt reserves.
IV Other information
Avic Jonhon Optronic Technology Co.Ltd(002179) the management of the company is responsible for other information. Other information includes the information covered in the annual report, 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 understand 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.
V Responsibilities of management and governance for financial statements
Avic Jonhon Optronic Technology Co.Ltd(002179) the management of the company 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 of Avic Jonhon Optronic Technology Co.Ltd(002179) company is responsible for evaluating the continuous operation ability of Avic Jonhon Optronic Technology Co.Ltd(002179) company, disclosing matters related to continuous operation (if applicable), and applying the assumption of continuous operation, unless the management plans to liquidate Avic Jonhon Optronic Technology Co.Ltd(002179) company, terminate operation or have no other realistic choice.
The management is responsible for supervising the financial reporting process of Avic Jonhon Optronic Technology Co.Ltd(002179) company.
Vi 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 to design appropriate audit procedures.
3. Evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures.
4. Draw a conclusion on the appropriateness of the going concern assumption used by the management. 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 Avic Jonhon Optronic Technology Co.Ltd(002179) company. If we conclude that there are significant uncertainties, the auditing standards require us to draw the attention of report 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 Avic Jonhon Optronic Technology Co.Ltd(002179) 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 on the financial information of entities or business activities in Avic Jonhon Optronic Technology Co.Ltd(002179) company to express an opinion on the financial statements. We are responsible for guiding, supervising and executing the group audit. We are fully responsible for the audit opinion.
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. 2、 The unit of the statement in the financial notes to the financial statements is: yuan 1. The preparation unit of the consolidated balance sheet: Avic Jonhon Optronic Technology Co.Ltd(002179)
December 31, 2021
Unit: Yuan
December 31, 2021 December 31, 2020
Current assets:
Monetary capital 830325970493458142081443
Provision for settlement
Lending funds
Trading financial assets 140795264
Derivative financial assets
Notes receivable 499956134482396168833197
Accounts receivable
