Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710) goodwill impairment test report
Company code: Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710) company abbreviation: Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710) Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710)
2021 goodwill impairment test report
1、 Whether to conduct impairment test √ yes □ No 2. Whether to obtain the evaluation report for the purpose of financial report in the impairment test √ yes □ no
Asset group name appraisal institution appraiser appraisal report appraisal value type appraisal result
Scale number
As of December 31, 2021, the benchmark date of the appraisal, Li Zhe and Kuai Zi [2022] of Zhejiang Xinwang Zhuoxin Technology Co., Ltd. estimated that the book value of the goodwill asset group of the future cash Co., Ltd. was 1688808 million yuan, and the present value of the cash flow from Jianxun No. 000273 of Zhuoxin technology property appraisal group was 1774878 million yuan, It is determined that the recoverable amount of the No. 1 property of the asset group Co., Ltd. with goodwill is 177487800 yuan, the estimated value-added is 8.677 million yuan, and the value-added rate is 5.10%.
3、 Are there any signs of impairment
Whether the asset group name has impairment trace remarks whether to withdraw impairment remarks impairment basis remarks
as
Zhejiang Xinwang zhuoxinko has no sign of impairment. Is there a special evaluation report
IV. allocation of goodwill of Technology Co., Ltd
Unit: Yuan
Asset group name asset group or asset group asset group or asset group asset group or asset group goodwill allocation method to allocate the original value of goodwill
Determination method of composition of contract book amount of contract
Fixed assets and intangible assets Xinwang Zhuoxin company is engaged in
Zhejiang Xinwang Zhuoxin Technology Co., Ltd. evaluates value-added businesses during M & A, which can bring independence
Part of the net amount of the limited company and the apportioned cash flow of the company can be recognized as a separate goodwill of 16888076383 asset group 9879053952 (including minority shareholders)
Asset group of goodwill
Whether the determination method of asset group or asset group combination is different from that of previous years √ yes □ no before change
Unit: Yuan
Asset group name asset group or asset group asset group or asset group asset group or asset group goodwill allocation method to allocate the original value of goodwill
Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710) goodwill impairment test report
Determination method of composition of contract book amount of contract
Fixed assets and intangible assets Xinwang Zhuoxin company is engaged in
Zhejiang Xinwang Zhuoxin Technology Co., Ltd. evaluates value-added businesses during M & A, which can bring independence
Part of the net amount of the limited company and the apportioned cash flow of the company can be recognized as a separate goodwill of 16888076383 asset group 9879053952 (including minority shareholders)
Asset group of goodwill
5、 Goodwill impairment test process 1. Important assumptions and their reasons (1) general assumptions 1) going concern assumption: going concern assumption refers to the assumption that the assets / asset group entrusted for appraisal will be used normally according to the purpose and use mode on the base date, and there will be no unforeseen factors leading to its inability to continue operation. The valuation method, parameters and basis will be determined accordingly. 2) It is assumed that there is no significant change in the current relevant national laws, regulations and policies and the national macroeconomic situation after the benchmark date, and there is no significant change in the political, economic and social environment of the region where the parties to the transaction are located. 3) It is assumed that after the benchmark date, the management of the enterprise in which the asset group is located is responsible, stable and capable of taking on its duties. 4) It is assumed that there are no human force majeure and unforeseen factors after the benchmark date, which have a significant adverse impact on the enterprise where the asset group is located. 5) The relevant basic data and financial data provided by the enterprise where the asset group is located and the client are true, accurate and complete; 6) The financial report and transaction data of the comparison company based on which the appraisers are based are true and reliable (2) Special assumptions 1) it is assumed that after the benchmark date, the business scope and mode of the enterprise where the asset group is located are consistent with the current direction on the basis of the existing management mode and management level. 2) It is assumed that the accounting policies adopted by the enterprise where the asset group is located after the benchmark date are consistent with those adopted in the preparation of this report in important aspects.
3) It is assumed that the relevant interest rate, exchange rate, tax benchmark, tax rate, policy collection fee and other evaluation benchmark of the enterprise where the asset group is located will not change significantly after the evaluation benchmark date. 4) Assuming that the qualification of the high-tech enterprise of the enterprise where the asset group is located can be normally renewed upon expiration, the enterprise income tax rate in the following years is 15%. 5) It is assumed that the enterprise in which the asset group is located obtains net cash flow evenly in the year. 6) The current competitive situation of the enterprise’s products or service group after the benchmark date of evaluation. 7) assume that the assets of the assets group will remain at the level of R & D and advanced technology after the benchmark date. 8) It is assumed that the existing business orders of the enterprise where the asset group is located can be realized as scheduled, and there will be no significant changes in the main business, product structure, sales strategy and cost control. 9) It is assumed that the profit forecast data and financial data provided by the client and the enterprise where the asset group is located are true, accurate and complete. 10) The professional appraisers of the assets appraisal did not make technical tests on the technical parameters and performance of various equipment on the benchmark date of the appraisal, and made a judgment through field investigation on the premise that the relevant technical data and operation records provided by the client are true and effective. 11) The on-site investigation of the assets appraisal professionals on the appraisal object is limited to the appearance and service condition of the appraisal object, and the internal quality of the structure is not tested, so they can not determine whether it has internal defects. This report assumes that the internal quality of the evaluation object meets the relevant national standards and is sufficient to maintain its normal use. 12) The appraisal conclusion of the assets appraisal report is valid on the benchmark date under the above assumptions. When the above assumptions change greatly, the signing asset appraiser and the appraisal institution will not bear the responsibility for deriving different appraisal conclusions due to the change of assumptions. 2. Book value of the whole asset group or asset group combination
Unit: Yuan
Asset groups belonging to shareholders of the parent company or asset groups belonging to minority shareholders, asset groups containing goodwill, book value of goodwill, book value of goodwill, book value of all goodwill and book value of other assets or combination of asset groups
Zhejiang Xinwang Zhuoxin Technology Co., Ltd. 9879053952658 Bethel Automotive Safety Systems Co.Ltd(603596) 8164650899203576387 Huatai Securities Co.Ltd(601688) 8076383 3. Recoverable amount (1) net amount of fair value less disposal expenses □ applicable √ not applicable
Hangzhou Prevail Optoelectronic Equipment Co.Ltd(300710) goodwill impairment test report
(2) Present value of estimated future net cash flow √ applicable □ not applicable
Unit: Yuan
Asset group name forecast period business forecast period profit forecast period net stable period business stable period profit stable period net expected future cash net balance forecast period business income profit increase rate profit stable period business income profit discount rate present value long rate long rate of flow
21,033517
Xinwang Zhuoxin 202210.9% – 20.2% – 17 77 – 2026 to 0.00% 17.8%% 2325033114.55% 17748777718 – 2026 – 4.0% 8% 23250331 sustainability.27
.27
Whether the growth rate of operating revenue in the forecast period is inconsistent with that in the previous period
The previous period was from 2021 to 2025, with a growth rate of 21.93% – 4.71%
Whether the profit margin in the forecast period is inconsistent with that in the previous period
The previous period was from 2021 to 2025, and the profit margin was 22.90% – 15.79%
Whether the net profit in the forecast period is inconsistent with that in the previous period is
The previous period was 20212025, and the net profit was 234243 Hubei Guochuang Hi-Tech Material Co.Ltd(002377) 5700 yuan
Whether the growth rate of operating income in the stable period is inconsistent with that in the previous period no
Whether the profit margin in the stable period is inconsistent with that in the previous period
The previous period was from 2021 to 2025, and the profit margin in the stable period was 15.79%
Whether the net profit in the stable period is inconsistent with that in the previous period is
