Securities code: Ledman Optoelectronic Co.Ltd(300162) securities abbreviation: Ledman Optoelectronic Co.Ltd(300162) Announcement No.: 2022003 Ledman Optoelectronic Co.Ltd(300162)
Announcement on the provision for asset impairment in 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of the provision for asset impairment this time
In order to more truly and accurately reflect the asset status and financial status of the company in 2021, in accordance with the relevant provisions of the accounting standards for business enterprises and the accounting regulatory risk tip No. 8 - goodwill impairment of the CSRC, and based on the principle of prudence, a comprehensive inventory of the assets of the company and its subsidiaries within the scope of the consolidated statements is carried out to judge that there are signs of possible impairment, Provision for impairment shall be made for assets that may suffer from asset impairment losses.
The assets with provision for asset impairment in the current period are mainly inventories; The assets with provision for credit impairment in the current period mainly include accounts receivable, other receivables, long-term receivables and notes receivable. In 2021, the company accrued various impairment reserves totaling 227318 million yuan.
1. Asset impairment loss
Unit: Yuan
Amount incurred in current period and amount incurred in previous period
Inventory depreciation loss -820674289 -5349302145
Total -820674289 -5349302145
2. Credit impairment loss
Unit: Yuan
Amount incurred in current period and amount incurred in previous period
Credit impairment loss of accounts receivable -1425187412 -1356544936
Credit impairment loss of other receivables -4230869 -1839772571
Credit impairment loss of long-term receivables -37815023-
Credit impairment loss of notes receivable 14729086 -15250002
Total -1452504218 -3211567509
2、 Description of provision for impairment of major assets
1. Inventory falling price reserves
According to the requirements of accounting standards for Business Enterprises No. 1 - inventory, the inventory is measured at the lower of cost and net realizable value on the balance sheet date. Inventory falling price reserves shall be withdrawn according to the difference between the cost of a single inventory item and its net realizable value. After the provision for inventory falling price is made, if the factors affecting 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. Due to the continuous updating and iteration of the company's products, based on the principle of prudence, the company has conducted corresponding impairment test on the inventory as of December 31, 2021, and the provision for inventory falling price is 8.2067 million yuan in the current period.
2. Provision for bad debts of receivables
According to the accounting policies and accounting estimates implemented by the company, on the balance sheet date, the company classifies the receivables according to their importance and credit risk characteristics. For the receivables with significant single amount or insignificant single amount but with single provision for bad debt reserves, the impairment test shall be conducted separately, and the bad debt reserves shall be withdrawn according to the difference between the present value of future cash flow and its book value, For receivables with similar credit risk characteristics with the same aging, the aging analysis method is used to withdraw bad debt reserves. For accounts receivable, contract assets, long-term receivables, other receivables and notes receivable, regardless of whether there is a significant financing component, the company always measures its loss reserves according to the amount equivalent to the expected credit loss in the whole duration. The company conducted impairment test on accounts receivable, other receivables, long-term receivables and notes receivable as of December 31, 2021 according to the above methods, and accrued credit impairment loss of 14.525 million yuan in the current period.
3、 The impact of the current provision for asset impairment on the company
The total provision for asset impairment is 227318 million yuan, and the impact on the total profit of the consolidated statements in 2021 is 227318 million yuan.
The provision for asset impairment has been audited and confirmed by Daxin Certified Public Accountants (special general partnership), which can truly reflect the financial situation of the enterprise, meet the requirements of accounting standards and relevant policies, comply with the actual situation of the company, and there is no behavior damaging the interests of the company and shareholders.
It is hereby announced.
Ledman Optoelectronic Co.Ltd(300162) board of directors
April 11, 2022
