Eternal Asia Supply Chain Management Ltd(002183)
Financial statement report of 2021
According to the company’s financial status as of December 31, 2021 and the operating results and cash flow in 2021, and in combination with the specific conditions of the company’s actual operation, the relevant conditions of the financial final accounts in 2021 are reported as follows (calculated according to the consolidated statements):
1、 Audit of financial statements in 2021:
The company’s 2021 financial statements and notes to relevant statements have been audited by Dahua Certified Public Accountants (general special partnership) and issued a standard unqualified audit report. It is considered that the company’s financial statements are prepared in accordance with the accounting standards for business enterprises in all major aspects and fairly reflect the company’s consolidated and parent company’s financial position as of December 31, 2021 and the consolidated and parent company’s operating results and cash flow in 2021.
2、 Main financial data and indicators (calculated according to the consolidated statements):
Project amount (10000 yuan)
Total operating income 7025176
Operating profit 51189
Total profit 53903
Net profit attributable to parent company 50646
Total assets 4324576
Shareholders’ equity attributable to the parent company 857536
Return on net assets (weighted average) 7.12%
3、 Changes and explanations of shareholders’ equity during the reporting period (calculated according to the consolidated statements):
Unit: Yuan
Opening balance of the project increase in the current period decrease in the current period closing balance
Share capital 2122697819474311272 — 2597009091
Capital reserve 12946881411727694712 — 3022382853
Other comprehensive income 519416824 — 64174933455241891
Surplus reserve 25524839744865333 — Hangzhou Shunwang Technology Co.Ltd(300113) 730
Undistributed profit 1781398208506462583872475732200613218
Minority interests 2250099486 — 5170047251733094761
Shareholders’ equity 82235488752084906669 — 10308455544
4、 Financial status and operating results of the company during the reporting period (calculated according to the consolidated statements):
As of December 31, 2021, the total assets of the company are 4324576 million yuan, the total liabilities are 329373 million yuan and the shareholders’ equity is 1030846 million yuan.
1. Asset structure
Unit: 10000 yuan
Increase and decrease of the proportion of 2021 / 12 / 31 and 2020 / 12 / 31
Current assets 341656479.00% 330559378.09% 3.36%
Non current assets 90801221.00% 92724921.91% – 2.07%
Total assets 4324576100.00% 4232843100.00% 2.17%
2. Debt structure
Unit: 10000 yuan
Increase and decrease of the proportion of 2021 / 12 / 31 and 2020 / 12 / 31
Current liabilities 303154892.04% 292267885.70% 3.73%
Long term liabilities 2621827.96% 48780914.30% – 46.25%
Total liabilities 3293730100.00% 3410487100.00% – 3.42%
The total annual operating income of the company is 70251760000 yuan, the operating profit is 511890000 yuan, the net profit attributable to the parent company is 506460000 yuan, the net cash flow from operating activities is 1589310000 yuan, and the net increase in cash and cash equivalents is 53.78 million yuan.
5、 Analysis of changes in the company’s financial status and operating conditions (calculated according to the consolidated statements):
(I) analysis of the company’s financial situation
As of December 31, 2021, the total assets of the company were 43245760000 yuan, an increase of 917330000 yuan or 2.17% over the previous year, including 1109710000 yuan of current assets and 192370000 yuan of non current assets
The main factors for the increase and decrease of the company’s current assets: 1. Accounts receivable increased by 1.237 billion yuan and prepayments increased by 650 million yuan, mainly due to the continuous growth of income, the optimization and adjustment of business structure and the continuous increase of the proportion of brand operation and marketing business; 2. Other receivables increased by 440 million yuan, mainly due to the disposal of Shenzhen Yushang microfinance Co., Ltd. and the equity transfer receivables arising from the transfer of part of the equity of Hefei Zhuoyi Hengtong Information Security Co., Ltd.
The main factors for the increase and decrease of the company’s non current assets: the decrease of 738 million yuan in loans and advances is mainly due to the strategic adjustment of the company and the disposal of Shenzhen Yushang microfinance Co., Ltd.
As of December 31, 2021, the company’s total liabilities were 329373 million yuan, a decrease of 116757 million yuan or 3.42% over the previous year, of which the company’s current liabilities increased by 1088.7 million yuan and non current liabilities decreased by 225627 million yuan compared with the end of the previous year.
The main factors for the increase and decrease of the company’s current liabilities: 1. Accounts payable increased by 1.488 billion, mainly due to the continuous growth of the company’s business and the accounting period provided by some new suppliers; 2. Non current liabilities due within one year increased by 1.213 billion, mainly due to the reclassification of long-term borrowings to non current liabilities within one year.
The main factors for the increase of the company’s non current liabilities: 1. The decrease of 1.205 billion in long-term borrowings is mainly due to the reclassification of non current liabilities within one year. 2. The decrease of 1.208 billion in bonds payable is mainly due to the payment of bonds payable and the reclassification of non current liabilities within one year.
As of December 31, 2021, the company’s shareholders’ equity was 10.308 billion yuan, an increase of 208400 yuan or 25.35% over the previous year, mainly due to the company’s non-public issuance of 474 million RMB ordinary shares to specific objects in July 2021, and the total amount of funds raised was 2.225 billion yuan.
(II) analysis of the company’s operating conditions
In 2021, the net profit attributable to the owners of the parent company was 506 million, an increase of 383 million or 310.29% over the previous year.
The main factors for the change of the company’s net profit attributable to the owners of the parent company: 1. The company’s operating revenue continues to grow, while vigorously promoting the adjustment of business structure, and the proportion of brand operation and marketing business continues to increase. 2. The company completed the non-public offering of new shares in July 2021, optimized the financing structure and effectively reduced the financing cost.
It is hereby reported.
Eternal Asia Supply Chain Management Ltd(002183) April 7, 2022
