Zhejiang Yinlun Machinery Co.Ltd(002126)
Financial statement report of 2021
Dear directors
In 2021, the company's operating revenue increased steadily and basically achieved the sales target set at the beginning of the year, with a significant increase year-on-year. However, due to the rise in the price of raw materials, the increase in logistics costs, tariffs and other factors, the net profit decreased to a certain extent. The financial statements of 2021 are as follows:
1、 Audit of financial report
The 2021 financial report of the company has been audited by Lixin Certified Public Accountants (special general partnership) and issued the standard unqualified audit report (Xin Hui Shi Bao Zi [2022] No. zf1033). It is considered that the financial statements of the company are prepared in accordance with the accounting standards for business enterprises in all major aspects, It fairly reflects the financial position of the company's merger and parent company as of December 31, 2021, and the operating results and cash flow of the merger and parent company in 2021.
2、 Changes in the scope of the company's consolidated statements in 2020
In 2021, Shandong Yinlun Environmental Protection Technology Co., Ltd., a wholly-owned subsidiary, was newly established; Shanghai yinlun Purui automotive environmental protection technology Co., Ltd. and Jingzhou American standard automotive air conditioning research institute were cancelled. A total of 46 subsidiaries and grandchildren were included in the consolidated statements in 2021.
3、 Completion of main economic indicators
According to the audit report, the completion of main business indicators in 2021 is as follows:
Ten thousand yuan
Year on year increase or decrease of the project from 2021 to 2020 (%)
Operating income 7816415963241865 23.60%
Total operating cost 7464618559169413 26.16%
Including: sales expense 34141133046502 12.07%
Administrative expenses 45310164106913 10.33%
R & D expenses 2692196321%
Financial expenses 833583840430 -0.81%
Operating profit 29106244296538 - 32.26%
Total profit 28432434188312 - 32.11%
Net profit 26447163658647 - 27.71%
Net profit attributable to shareholders of listed companies 22037433215831 - 31.47%
Deduction attributable to shareholders of listed companies is 20791262 Guangdong Songyang Recycle Resources Co.Ltd(603863) - 20.15%
Net profit after recurring profit and loss
3、 Ending assets
Ten thousand yuan
Year on year increase or decrease of the project from 2021 to 2020 (%)
Total assets 119888875298562454 21.64%
Including: current assets 7222749759647741 21.09%
Fixed assets 2401257821653931 10.89%
Total liabilities 7114888454945586 29.49%
Including: current liabilities 6027452851167433 17.80%
Long term loan 24608042024346 21.56%
Owner's equity 4873986843616868 11.75%
Including: total share capital 79211287920951 0.002%
Capital reserve 100593709823094 2.41%
Surplus reserve 26776072547217 5.12%
Undistributed profit 2185873220459940 6.84%
Owner's equity attributable to shareholders of listed companies 4400149839377861 10.51%
This proposal still needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
Zhejiang Yinlun Machinery Co.Ltd(002126)
Board of directors
April 12, 2022
