Securities code: Loctek Ergonomic Technology Corp(300729) securities abbreviation: Loctek Ergonomic Technology Corp(300729) Announcement No.: 2022019
Bond Code: 123072 bond abbreviation: lege convertible bond
Loctek Ergonomic Technology Corp(300729)
Financial statement report of 2021
Loctek Ergonomic Technology Corp(300729) (hereinafter referred to as “the company”) 2021 annual financial statement report
The audit work has been completed and the company will be audited by Lixin Certified Public Accountants (special general partnership) on December 31, 2021
Consolidated and parent company’s balance sheet, consolidated and parent company’s profit statement, consolidated and parent company’s cash flow in 2021
The balance sheet, consolidated and parent company’s statement of changes in owner’s equity and notes to the financial statements were audited and standards were issued
An unqualified audit report. At present, the company has prepared the financial statement report of 2021 according to the audit results, as shown in
Below:
1、 Main accounting data and financial indicators
Unit: RMB
Increase or decrease of the project from 2021 to 2020 compared with the previous year in 2019
Operating income (yuan): 287128365702194066426201 47.95% 97806923065
Net profit attributable to shareholders of listed company 1846766666521709421373 – 14.93% 6298052680 (yuan)
Net profit attributable to shareholders of listed company after deducting non 1093565009118474028050 – 40.81% 4896399758 recurring profit and loss (yuan)
Net cash flow from operating activities 2654181746621644387568 22.63% (RMB 12931424667)
Basic earnings per share (yuan / share) 0.85 1.21 -29.75% 0.46
Diluted earnings per share (yuan / share) 0.85 1.18 – 27.97% 0.46
Weighted average return on net assets 10.60%, 24.17% – 13.57%, 8.23%
By the end of 2021, by the end of 2020, by the end of this year compared with the end of last year, by the end of 2019
Increase or decrease
Total assets (yuan): 403206749190286733402765 40.62% 150312484639
Net assets attributable to shareholders of listed companies 190536126532102163893211 86.58% 79455879413 (yuan)
2、 Analysis of basic financial status, operating results and cash flow
(I) analysis of financial situation
1. Analysis of major changes in asset items
Unit: RMB
Increase or decrease of the project at the end of 2021 and 2020 (%)
Total assets 403206749190286733402765 40.62%
Monetary capital 15053407095790528255182 66.28%
Trading financial assets Enc Digital Technology Co.Ltd(603869) Fiyta Precision Technology Co.Ltd(000026) 55971661 127.36%
Accounts receivable 1989098508215966601632 24.58%
Advance payment 16542275982549920383 – 35.13%
Other receivables 34321634564810485996 – 28.65%
Inventory 5125611870852621102737 – 2.59%
Other current assets 52072772682389170869 117.95%
Long term equity investment 29229750274314226926 – 32.25%
Fixed assets 8357121705241869211659 99.60%
Construction in progress 639101147648364901350 – 86.79%
Intangible assets 2254514220910327722106 118.30%
Long term deferred expenses 19808884312322944828 – 14.73%
Deferred income tax assets 27597779873769599500 – 26.79%
Other non current assets 213445875404223331951 405.40%
At the end of the reporting period, the total assets of the company were 403206749190, an increase of 116473346425 or 40.62% over the end of the previous year.
The changes are explained as follows: (1) the monetary capital at the end of the reporting period increased by 66.28% compared with the end of the previous year, mainly due to the increase of working capital and the receipt of additional stock issuance funds with the growth of the company’s business scale; (2) Accounts receivable at the end of the reporting period increased by 24.58% compared with the end of the previous year, mainly due to business growth; (3) Prepayments at the end of the reporting period decreased by 35.13% compared with the end of the previous year, mainly due to the implementation of the new lease standards and the adjustment of prepaid rents to lease liabilities; (4) At the end of the reporting period, other receivables decreased by 28.65% compared with the end of the previous year, mainly due to the decrease of export tax rebates receivable; (5) There is no significant change in inventory at the end of the reporting period compared with the end of the previous year; (6) At the end of the reporting period, other current assets increased by 117.95% compared with the end of the previous year, mainly due to the increase of withholding tax; (7) At the end of the reporting period, the long-term equity investment decreased by 32.25% compared with the end of the previous year, mainly due to the disposal of the equity investment in East Zhejiang real estate this year; (8) At the end of the reporting period, fixed assets increased by 99.6% compared with the end of the previous year, mainly due to the company’s conversion of overseas warehouses to fixed assets and the purchase of machinery and equipment; (9) At the end of the reporting period, the construction in progress decreased by 86.79% compared with the end of the previous year, mainly from overseas warehouses purchased to fixed assets; (10) Intangible assets at the end of the reporting period increased by 118.3% compared with the end of the previous year, mainly due to the purchase of headquarters building and Guangxi lege land in the current period; (11) At the end of the reporting period, the deferred income tax assets decreased by 26.79% compared with the end of the previous year, mainly due to the decrease in unrealized profits from internal transactions; (12) At the end of the reporting period, other non current assets increased by 405.4% compared with the end of the previous year, mainly due to the sale of overseas warehouses deposited in the trust account and the letter of credit deposit of more than one year.
2. Analysis of major changes in liability items
Unit: RMB
Increase or decrease of the project at the end of 2021 and 2020 (%)
Total liabilities 212670443696184569509554 15.23%
Short term loan 62925329 Guangdong Golden Dragon Development Inc(000712) 50733000 – 11.68%
Accounts payable 4125330793146294725421 – 10.89%
Payroll payable 54828406274531218004 21.00%
Other payables 15520378061013719476 53.10%
Deferred income 398770779360432405 10.64%
Deferred income tax liabilities 12568146461881616814 – 33.21%
At the end of the reporting period, the company’s total liabilities were 212670443696, an increase of 28100934142 or 15.23% over the end of the previous year. (1) there is no significant change in short-term borrowings compared with that at the end of the previous year: (1) there is no change in the end of the year; (2) The accounts payable at the end of the reporting period decreased by 10.89% year-on-year compared with the end of the previous year, with no significant change; (3) The payroll payable at the end of the reporting period increased by 21% year-on-year compared with the end of the previous year, mainly due to the expansion of enterprise scale and the increase of personnel; (4) Other payables at the end of the reporting period increased by 53.1% year-on-year compared with the end of the previous year, mainly due to the increase of margin; (5) Deferred income at the end of the reporting period increased by 10.64% year-on-year compared with the end of the previous year, mainly due to the increase in government subsidies related to assets; (6) At the end of the reporting period, the deferred income tax liabilities decreased by 33.21% year-on-year compared with the end of the previous year, mainly due to the reversal of the dividend income tax difference between the Vietnamese subsidiary and the parent company recognized last year.
3. Analysis of changes in shareholders’ equity
Unit: RMB
Increase or decrease of the project at the end of 2021 and 2020 (%)
Total owner’s equity 190536305494102163893211 86.50%
Share capital 2207185340013889608000 58.91%
Capital reserve 9563041336930545941226
