Securities code: Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) securities abbreviation: Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) Announcement No.: 2022025
Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226)
Announcement on the provision for asset impairment and write off of assets in 2021
The board of directors and all directors of the company guarantee that the information contained in this announcement is true, accurate and complete
There are no false records, misleading statements or major omissions.
1、 Summary of the provision for asset impairment and write off of assets this time
Shanghai Ganglian E-Commerce Holdings Co.Ltd(300226) (hereinafter referred to as "the company") in accordance with the Shenzhen Stock Exchange
Guidelines for the standardized operation of listed companies and guidelines for the business handling of companies listed on GEM No. 2 - regular reports
The disclosure of relevant matters, accounting standards for business enterprises and relevant accounting policies of the company are based on prudence
In principle, in order to truly and accurately reflect the company's financial, assets and operating conditions, as of
Various accounts receivable, notes receivable, inventories, prepayments, other receivables as of December 31, 2021
Long term equity investment, fixed assets, construction in progress, intangible assets, goodwill and other assets were comprehensively checked.
The possibility of impairment of various assets has been fully evaluated and analyzed, and it is judged that there is a trace of possible impairment
For example, the provision for asset impairment to be withdrawn is determined. At the same time, in accordance with the accounting standards for business enterprises and relevant meetings of the company
In order to objectively and fairly reflect the company's financial situation and asset value, there is no impact on the company's part
The accounts receivable and inventories recovered by the method were written off.
According to the Shenzhen Stock Exchange GEM Listing Rules and other relevant laws and regulations and the company
According to the relevant provisions of the articles of association, the provision for asset impairment and write off of assets do not need to be submitted to the board of directors or
Deliberation at the general meeting of shareholders.
2、 The scope and total amount of the current provision for asset impairment and write off of assets
Accounts receivable and bills receivable of the company in 2021 (including subsidiaries at all levels within the scope of consolidated statements, the same below)
The total amount of bad debt provision and asset impairment provision withdrawn according to, inventory and other receivables is 6167573755
The total amount of assets transferred back is 322842332 yuan. The details are as follows:
Increase in current period decrease in current period
Balance at the beginning of the year and balance at the end of the year
Provision for other reversal or write off
Bad debt provision: 131353689145196904929148100032284233218010912511
Including: accounts receivable 73941435103654946154148100011050570664
Notes receivable 336055447535774720871830167
Other receivables 540516995710061840553228423326088511680
Inventory falling price reserves 4514955348674709353189664
Provision for impairment of intangible assets 24388938542728808286618193
Goodwill impairment provision 9464085705792653091525673879
Total 143301818246167573755148100032284233220176394247
Note: "others" refers to the bad debts accrued from the accounts receivable of Shanghai Lingjian Network Co., Ltd., a subsidiary not merged under the same control in the current period
Account reserve
3、 The recognition standards and methods for the provision for asset impairment and write off of assets this time
(I) recognition standard and withdrawal method of accounts receivable
Asset name accounts receivable
Book balance (yuan): 469279622827
Recoverable amount of assets (yuan): 458229052163
According to the aging combination, except for the single withdrawal of bad debts and the combination of related parties within the consolidation scope
All accounts receivable refer to historical credit loss experience, combined with current situation and
Predict the future economic situation, and prepare the aging of accounts receivable and the forecast of the whole duration
Calculate the expected credit loss by comparing the credit loss rate during the calculation process of the recoverable amount of assets; Closing within the consolidation scope
The associated party, referring to the experience of historical credit loss, combined with the current situation and future economic
Forecast the economic situation through default risk exposure and expected credit loss for the whole duration
Loss rate, calculate expected credit loss
The provision for asset impairment is based on the accounting standards for Business Enterprises No. 22 - recognition and measurement of financial instruments
Accrued amount (yuan): 11050570664
The company's information business is withdrawn according to the expected credit loss rate; The transaction service business is based on the actual situation
Accrual reason
Business transactions and estimated risks.
(II) recognition standard and withdrawal method of notes receivable
Asset Name: notes receivable
Book balance (yuan): 34731016685
Recoverable amount of assets (yuan): 33859186518
Calculate the expected credit loss through default risk exposure and expected credit loss rate for the whole duration according to the category of accepted bills, referring to the experience of historical credit loss, combined with the current situation and the prediction of future economic conditions; Calculation process of recoverable amount of credit assets by bill category
If the portfolio is divided by risk characteristics, refer to the experience of historical credit loss, combined with the current situation and the prediction of future economic conditions, prepare the comparison table between the aging of notes receivable and the expected credit loss rate throughout the duration, and calculate the expected credit loss.
The provision for asset impairment is based on the accounting standards for Business Enterprises No. 22 - recognition and measurement of financial instruments
Accrued amount (yuan): 871830167
According to the category of accepted bills, referring to the experience of historical credit loss, combined with the current situation and the prediction of future economic conditions, the reasons for withdrawing bills receivable according to the aging combination
The comparison table of age and expected credit loss rate of the whole duration is withdrawn according to the expected credit loss rate of the company's information business and trading service business.
(III) recognition standard and withdrawal method of other receivables
Asset name other receivables
Book balance (yuan): 10482469789
Recoverable amount of assets (yuan): 4393958109
With reference to the historical credit loss experience, combined with the current situation and the prediction of the calculation process of the recoverable amount of assets in the future economic situation, the expected credit loss is calculated through the default risk exposure and the expected credit loss rate in the next 12 months or the whole duration
The provision for asset impairment is based on the accounting standards for Business Enterprises No. 22 - recognition and measurement of financial instruments
Accrued amount (yuan): 6088511680
According to the content of other receivables, referring to the experience of historical credit loss, combined with the current accrual reasons
As well as the prediction of future economic conditions, the bad debt reserves are withdrawn individually
(IV) recognition standard and accrual method of inventory
Asset name inventory
Book balance (yuan): 102742104602
Recoverable amount of assets (yuan): 102388914938
Inventories are measured at the lower of cost and net realizable value. Inventory falling price reserves are usually accrued according to the difference between the cost of a single inventory and net realizable value. For the inventory directly used for sale, its net realizable value shall be determined by the amount of the estimated selling price of the inventory minus the estimated selling expenses and relevant taxes in the normal production and operation process; For inventories that need to be processed, the calculation process is based on the recoverable amount of finished product assets produced in the normal production and operation process
The net realizable value is determined by deducting the estimated cost, estimated selling expenses and relevant taxes from the estimated selling price of the project; On the balance sheet date, if there is a contract price agreement for one part of the same inventory and there is no contract price for other parts, the net realizable value shall be determined respectively, and compared with its corresponding cost to determine the amount of inventory falling price reserves withdrawn or reversed respectively.
The provision for asset impairment is based on the accounting standards for Business Enterprises No. 1 - inventories
Accrued amount (yuan): 353189664
