Leyard Optoelectronic Co.Ltd(300296)
Financial statement report of 2021
In 2021, under the leadership of the company's board of directors, all companies in the group took a variety of positive and effective measures while actively preventing business risks, so that the company's business performance could develop continuously and steadily. The financial statements of the company in 2021 are reported as follows:
1、 Audit of the company's financial report
The company's 2021 financial report has been audited by Lixin Certified Public Accountants (special general partnership) and issued a standard unqualified audit report on April 14, 2022. Lixin certified public accountants believes that the company's financial statements have been prepared in accordance with the accounting standards for business enterprises and fairly reflect the company's financial position as of December 31, 2021 and its operating results and cash flow in 2021 in all major aspects.
2、 Main financial data and indicators during the reporting period
(I) main financial data during the reporting period
Completion of main business indicators of the company in 2021:
The company achieved an operating income of 88524274 million yuan, an increase of 33.45% over the previous year; The total profit was 736310600 yuan, and the net profit attributable to the parent company was 610894600 yuan, turning from loss to profit compared with the same period of last year.
As of December 31, 2021, the company's total assets reached 158482599 million yuan, total liabilities 80479427 million yuan and net assets 7803172 million yuan.
The net cash flow from the company's operating activities in 2021 was 463497800 yuan; Net cash flow from investment activities -461749400 yuan; Net cash flow from financing activities -3607787 million yuan; The impact of exchange rate changes on cash was -25.425 million yuan, and the net increase in cash and cash equivalents was -3844553 million yuan.
(II) the basic financial indicators of the company in 2021 are as follows:
Financial indicators December 31, 2021 December 31, 2020 / 2021 / 2020
Current ratio (Times) 1.73 2.02
Quick ratio (Times) 0.89 1.09
Asset liability ratio 50.78% 46.79%
Accounts receivable turnover rate (Times) 3.32 2.45
Financial indicators December 31, 2021 December 31, 2020 / 2021 / 2020
Inventory turnover rate (Times) 2.00 1.33
EBIT (10000 yuan) 8332020 -804.83
Net profit attributable to the owner of the parent company (10000 yuan) 6108946 -9764352
Net profit attributable to the owner of the parent company after deducting non recurring losses of 5552268 - 10626925 (10000 yuan)
Basic earnings per share (yuan / share) 0.2402 -0.3840
Basic earnings per share after deducting non recurring profits and losses (RMB 0.2183-0.4179 / share)
Weighted average return on net assets 8.19% - 13.38%
The weighted average return on net assets after deducting non recurring profits and losses is 7.44% - 14.57%
Interest cover ratio (Times) 8.60 -7.64
Net assets per share (yuan) 3.07 2.85
Net cash flow per share (yuan) -0.15 -0.10
Cash flow from operating activities per share (yuan) 0.18 0.44
Intangible assets accounted for 6.48% and 7.26% of net assets
3、 Analysis of financial status, operating results and cash flow
(I) asset liability structure and change analysis
Unit: 10000 yuan
Year on year changes from December 31, 2021 to December 31, 2020
Monetary capital 236633572 Zhengzhou Coal Mining Machinery Group Co.Ltd(601717) 6 - 9.05%
Accounts receivable 2997827223296259 28.68%
Inventory 3610608225784581 40.03%
Total current assets 116554619101340278 15.01%
Fixed assets 143585109588373 49.75%
Construction in progress 814.691489420 - 94.53%
Intangible assets 5056 Zhejiang Feida Enviromental Science & Technology Co.Ltd(600526) 6474 - 3.99%
Goodwill 932596510430807 - 10.59%
Total non current assets 4192797935034216 19.68%
Total assets 158482599136374495 16.21%
Total current liabilities 6739974750112020 34.50%
Total liabilities 8047942763809304 26.12%
Total shareholders' equity 7800317272565191 7.49%
Total liabilities and shareholders' equity 158482599136374495 16.21%
During the reporting period, the production, operation and asset scale of the group increased steadily and orderly, and the total assets of the company in 2021 increased by 16.21% over the previous year.
The company's current assets accounted for a high proportion of total assets. The current assets accounted for 73.54% at the end of the reporting period, a decrease of 0.77% compared with the beginning of the year. The total current assets increased compared with the same period last year, with an increase rate of 15.01%, mainly due to the increase of accounts receivable and inventory during the reporting period.
At the end of the reporting period, the company's current liabilities accounted for 83.75% of the total liabilities, mainly including short-term loans, accounts payable, contract liabilities and notes payable; An increase of 34.50% over the same period last year was mainly due to the increase in accounts payable due to the increase in purchase volume due to the rise in chip preparation & sales orders.
(II) operation analysis
Unit: 10000 yuan
Year on year change from 2021 to 2020
Operating income 8852427466336669 33.45%
Operating cost 6181191845771513 35.04%
Selling expenses 73436866539020 12.31%
Administrative expenses 49861624199914 18.72%
R & D expenses 33586363174536 5.80%
Financial expenses 11574281459569 - 20.70%
Credit impairment loss 973998957570 1.72%
Asset impairment loss 193012313863155 - 86.08%
Operating profit 7431871 -9199869 180.78%
Net profit 6107817 -9685331 163.06%
Net profit attributable to owners of parent company 6108946 -9764352 162.56%
Unit: 10000 yuan
Year on year changes of the project in 2021 and 2020
Main business income 8841132466253399 33.44%
Other business income 112950 832.70 35.64%
Operating income 8852427466336669 33.45%
In 2021 and 2020, the company's main business income accounted for
