Stock Code: Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) stock abbreviation: Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) Announcement No.: 2022024
Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068)
Announcement on accrual of credit impairment loss and asset impairment loss in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) (hereinafter referred to as "the company") in accordance with the relevant provisions of the accounting standards for business enterprises and the guidelines for self discipline and supervision of listed companies No. 2 - standardized operation of companies listed on the gem, the provision of credit impairment loss and asset impairment loss totaled 19.337 million yuan in 2021. The specific situation is hereby announced as follows: I. overview of the provision of credit impairment loss and asset impairment loss this time
In accordance with the accounting standards for business enterprises, the guidelines for self regulation of listed companies No. 2 - standardized operation of companies listed on GEM and the company's accounting policies, in order to more truly, accurately and fairly reflect the company's financial position, asset value and operating results as of December 31, 2021, based on the principle of prudence, the company has conducted impairment tests on various assets within the consolidation scope as of December 31, 2021, It is judged that there are signs of possible impairment, and the credit impairment loss and asset impairment loss to be accrued are determined. The asset items subject to impairment test this time are mainly accounts receivable, other accounts receivable and inventory. After the test, the details of impairment changes of various assets in 2021 are as follows:
Unit: 10000 yuan
Provision for impairment of category items
Credit impairment loss bad debt loss of accounts receivable 158083 bad debt loss of other accounts receivable -30.48
Asset impairment loss and inventory falling price loss 383.35
Total 193370
2、 Recognition standard and withdrawal method of credit impairment loss and asset impairment loss withdrawn this time
(I) credit impairment loss
The company groups receivables according to the similarity and relevance of credit risk characteristics, and withdraws credit loss reserves according to the combination of credit risk characteristics. For accounts receivable with normal risk or low-risk combination, the provision for credit loss shall be withdrawn according to the aging analysis method, the impairment test shall be conducted separately for items with significant impairment risk, and the provision for credit loss shall be withdrawn. During the reporting period, the company accrued 155035 million yuan of credit impairment loss in accordance with the accounting policy of withdrawing provision for credit loss, including -304800 yuan of bad debt loss for other receivables and 158083 million yuan of bad debt loss for accounts receivable.
(II) asset impairment loss
On the balance sheet date, the company shall withdraw the inventory falling price reserves according to the difference between the cost of inventory and the net realizable value. The net realizable value of raw materials and products in process is the estimated selling price minus the estimated cost to be incurred until completion, the estimated sales expenses and relevant taxes; The net realizable value of inventory goods is the estimated selling price minus the estimated selling expenses and relevant taxes. When determining the net realizable value of inventories, it shall be based on the conclusive evidence obtained, and consider the purpose of holding inventories and the impact of events after the balance sheet date. At the end of the reporting period, after the provision for inventory falling price is made, if the influencing factors of the previous write down of inventory value have disappeared, resulting in the net realizable value of inventory being higher than its book value, it shall be reversed from the amount of inventory falling price provision that has been made, and the reversed amount shall be included in the current profit and loss. During the reporting period, the company accrued 3.8335 million yuan of inventory falling price loss.
3、 Explanation of the reasonableness of the provision for credit impairment loss and asset impairment loss and its impact on the company
The provision for credit impairment loss and asset impairment loss is in line with the accounting standards for business enterprises and relevant accounting policies of the company. The basis is sufficient, reflects the principle of accounting prudence, and conforms to the actual situation of the company. After the provision for credit and asset impairment loss, it can more fairly reflect the assets and operating conditions of the company in 2021, without damaging the interests of the company and shareholders. The audit of Lixin Certified Public Accountants (special general partnership) confirmed that the company accrued a total of 19.337 million yuan of credit impairment loss and asset impairment loss in 2021. The net profit after tax attributable to the shareholders of the parent company in 2021 decreased by 145234 million yuan, accounting for 28.15% of the net profit after tax attributable to the shareholders of the parent company in 2021, and the owner's equity attributable to the parent company decreased by 145234 million yuan.
It is hereby announced.
Hangzhou Dadi Haiyang Environmental Protection Co.Ltd(301068) board of directors April 6, 2022
