Shenzhen Cotran New Material Co.Ltd(300731)
Financial statement report of 2021
Shenzhen Cotran New Material Co.Ltd(300731) (hereinafter referred to as "the company") audited the 2021 financial statements by notarized Tianye Certified Public Accountants (special general partnership) and issued the audit report with unqualified opinion of Sugong w [2022] A300 standard. The audit opinions of the accountant are as follows:
We have audited the company's financial statements, 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 owner's 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 financial position of the company on December 31, 2021 and the operating results and cash flows of the company and the parent company in 2021.
Now, the company's financial statements for 2021 are as follows (all consolidated data):
1、 Main financial indicators
In 2021, the company realized an operating revenue of 5684147 million yuan, an increase of 85.15% over the same period of last year; The operating profit was -205076 million yuan, a decrease of 165.8% over the same period of last year; The net profit attributable to the shareholders of the listed company was -127478 million yuan, a decrease of 147.86% over the same period last year. The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was -18.076 million yuan, a decrease of 207.13% over the same period of last year.
The main financial indicators are as follows:
The year 2021 to 2020 is higher than that of 2019 of the previous year
Increase or decrease
Operating income (yuan): 5684147184030699836686 85.15% 30598366178
Net profit attributable to shareholders of listed companies -12747816682663465333 - 147.86% 4940860583
Profit (yuan)
Deduction attributable to shareholders of listed companies - 18076021391687327448 - 207.13% 1124706091
Net profit of non recurring profit and loss (yuan)
Net cash flow from operating activities -1209947465160952533 -102.34% 7532892353
Amount (yuan)
Basic earnings per share (yuan / share) - 0.10 0.22 - 145.45% 0.4
Diluted earnings per share (yuan / share) - 0.10 0.21 - 147.62% 0.4
Weighted average return on net assets - 2.16%, 4.70% - 6.86%, 9.39%
At the end of 2021, the end of 2020, the end of this year compared with the end of 2019
Increase or decrease at the end of the year
Total assets (yuan) 9626803740897927469487 - 1.69% 70692936707
Net capital attributable to shareholders of listed companies 5819639968660281136902 - 3.46% 55220061024
II. Overall operating results in 2021
Monetary unit: RMB
Year on year change amount of the project from 2021 to 2020 year on year change proportion (%)
Operating income 568414718403069983668626141635154 85.15%
Operating cost 401850793191564687675724538202562 156.82%
Taxes and surcharges 491061515319326408171735107 53.78%
Selling expenses 4672353838%
Administrative expenses 660727899055572411601050064830 18.90%
R & D expenses 4146743312236635 Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) 80390311 75.24%
Financial expenses 13211227541764055461144717208 648.91%
Income from changes in fair value -496737349 -496737349
Credit impairment loss -2431424645485576 -69799822 -153.45%
Asset impairment loss -1415266804 -6156161 -1409110643 -2288944%
Other income 7560774011023031346 -266953945 -26.09%
Investment income 41769650 -889509455931279105 104.70%
Income from asset disposal -92190251 -14325916251068911 35.65%
Operating profit -20507576023116530142 -5167287744 -165.80%
Non operating income 101655647957258805929767 6.19%
Non operating expenses 22620816047045154179163006 380.83%
Income tax expense 134753075391339731 -256586656 -65.57%
Owned by the parent company -12747816682663465333 -3938247001 -147.86%
Net profit of investors
Minority shareholders' profit and loss -1035281522110405804 -1145687326 -103771%
1. The operating income of this year was 56841471840 yuan, an increase of 26141635154 yuan over the same period of the previous year, mainly due to the consolidation of the consolidated income statement of this year into the income statement of Suzhou ruitaike heat dissipation technology Co., Ltd. (hereinafter referred to as "ruitaike") and the income statement of Guangdong deruiyuan New Material Technology Co., Ltd. (hereinafter referred to as "deruiyuan") from January to September.
2. The operating cost of this year was 40185079319 yuan, an increase of 24538202562 yuan over the same period of last year, mainly due to the consolidation of the consolidated income statement of this year into the income statement of ruitec and the income statement of deruiyuan from January to September.
3. The taxes and surcharges of this year were 491061515 yuan, an increase of 171735107 yuan over the same period of last year, mainly
4. The sales expense of this year was 4910281953 yuan, an increase of 1363559137 yuan over the same period of last year, mainly due to (1) the consolidated income statement of this year was merged into the income statement of ruitec and the income statement of deruiyuan from January to September; (2) Increase the market development of power market and operators, and invest the corresponding market development fee, which is significantly higher than that in the same period of last year.
5. The R & D expense of this year is 4146743312 yuan, an increase of 1780390311 yuan over the same period of last year, mainly due to (1) the consolidated income statement of this year is merged into the income statement of ruitec and the income statement of deruiyuan from January to September; (2) Investment in new project research and development.
6. The financial expense of this year is 1321122754 yuan, an increase of 1144717208 yuan over the same period of last year, mainly due to (1) the consolidated income statement of this year is merged into the income statement of ruitec and the income statement of deruiyuan from January to September; (2) The company increased Bank Of China Limited(601988) M & a loan of 36.7 million yuan, M & a loan of 48 million yuan of Everbright Bank and short-term loan of 50 million yuan of Shenzhen hi tech investment microfinance Co., Ltd. (hereinafter referred to as "hi tech investment") in January, March and November 2021 respectively, and the corresponding financial interest expenditure increased significantly; (3) Due to the implementation of the new lease standards in 2021 and the accrual of interest expenses. 7. The income from changes in fair value in this year was -496737349 yuan, a decrease of 496737349 yuan compared with the same period of last year, mainly due to the changes in the fair value of 19.00% equity investment held by the parent company at the end of this year. 8. The asset impairment loss of this year was -1415266804 yuan, an increase of 1409110643 yuan over the same period of last year, mainly due to (1) the impairment of long-term equity investment in Xinwen communication withdrawn by the parent company of 2.6525 million yuan this year; (2) Ruitaike confirmed that the inventory falling price reserve was 6.2599 million yuan; (3) From January to September, deruiyuan confirmed the inventory falling price reserve of 4.3557 million yuan. 9. The investment income of this year was 41769650 yuan, an increase of 931279105 yuan over the same period of last year, mainly due to (1) the investment loss recognized in this year for associated enterprises decreased by 5.6319 million yuan over the same period of last year; (2) The disposal of 32% equity of deruiyuan resulted in the loss of control and the recognition of investment income of RMB 6014200. 10. The income from asset disposal in this year was -92190251 yuan, an increase of 51068911 yuan over the same period of last year, mainly due to the decrease in the loss from the disposal of fixed assets in this year compared with the same period of last year. 11. The non operating expenditure of this year was 226208160 yuan, an increase of 179163006 yuan over the same period of the previous year, which was mainly caused by the increase in the disposal loss of non current assets due to the relocation of factories of Wuhu hangchuangxiang Road Auto Parts Co., Ltd. (hereinafter referred to as "Wuhu Xianglu"). 12. The income tax expense of this year was 134753075 yuan, a decrease of 256586656 yuan compared with the same period of last year, which was mainly due to the decrease in net profit caused by the losses of the parent company and subsidiaries ruitec and deruiyuan in this year. 13. The net profit attributable to the owner of the parent company in the current year was -1274781668 yuan, a decrease of 3938247001 yuan compared with the same period of the previous year, which was mainly due to the loss of the parent company and its subsidiary ruitaike in the current year. 14. The profit and loss of minority shareholders in this year was -1035281522 yuan, a decrease of 1145687326 yuan compared with the same period of last year, which was mainly due to the loss of its subsidiary ruitaike in this period. 3、 Composition of main business income 1. Classification by product
