Tongxing Environmental Protection Technology Co.Ltd(003027)
Financial statement report of 2021
Audited by Rongcheng Certified Public Accountants (special general partnership), the operating performance of Tongxing Environmental Protection Technology Co.Ltd(003027) (hereinafter referred to as “the company”) in 2021 is as follows:
1、 Overall situation of assets, operation and cash flow during the reporting period
As of December 31, 2021, the total assets of the company were 226275549716 yuan, the total liabilities were 57513448418 yuan, and the owner’s equity attributable to the parent company was 160439931637 yuan.
In 2021, the operating income was 93335839555 yuan, the operating profit was 20421416327 yuan, and the net profit attributable to the owner of the parent company was 16243965503 yuan.
In 2021, the net cash flow from operating activities was 7869049784 yuan, the net cash flow from investment activities was -33417879677 yuan, the net cash flow from financing activities was -6165818044 yuan, and the net increase in cash and cash equivalents was -31714647937 yuan.
2、 Assets, liabilities and shareholders’ equity
Unit: Yuan
Increase and decrease of projects in 2021
Current assets 185346238 Zhejiang Tuna Environmental Science & Technology Co.Ltd(603177) 417552048 4.47%
Total assets 226275549716204745 Jiangyin Zhongnan Heavy Industries Co.Ltd(002445) 10.52%
Current liabilities 5595342787647205579774 18.53%
Total liabilities 5751344841850302836512 14.33%
Owner’s equity attributable to the parent company 160439931637148623527127 7.95%
Asset liability ratio (%) 25.42% 24.57%, up 0.85 percentage points
3、 Operating results
Unit: Yuan
Increase / decrease ratio of the project from 2021 to 2020
Operating income 9333583955576754411940 21.60%
Operating profit 2042141632719637583753 3.99%
Net profit attributable to owners of parent company 1624396550315406054517 5.44%
The operating income of the company increased by 21.60% over the same period of last year, the operating profit of the company increased by 3.99% over the same period of last year, and the net profit attributable to the shareholders of the listed company increased by 5.44% over the same period of last year.
4、 Cash flow
Unit: Yuan
Increase and decrease of the project from 2021 to 2020
Subtotal of cash inflow from operating activities 7607991836954731583068 39.01%
Subtotal of cash outflow from operating activities 6821086858545384321570 50.30%
Net cash flow from operating activities 78690497849347261498 – 15.81%
Subtotal of cash inflow from investment activities 78039331773 0.00-
Subtotal of cash outflow from investment activities 1114572114504574775981233634%
Net cash flow from investing activities -33417879677 -4574775981 -630.48%
Subtotal of cash inflow from financing activities 3365152 Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) 44584227 – 95.88%
Subtotal of cash outflow from financing activities 95309700446721506992 41.80%
Net cash flow from financing activities -616581804474923077235 -108.23%
Net increase in cash and cash equivalents -3171464793779695562752 -139.79%
The net cash flow from operating activities in 2021 decreased by 15.81% compared with the same period last year, mainly due to the occupation of some funds by expanding the sales scale this year.
The net cash flow from investment activities in 2021 decreased by 630.48% over the same period last year, mainly due to cash management in the current period.
The net cash flow from financing activities in 2021 decreased by 108.23% over the same period last year, mainly due to the investment received from the initial public offering of shares in the previous period and the repayment of loans in the current period.
Tongxing Environmental Protection Technology Co.Ltd(003027) board of directors April 18, 2022
