Shanxi Huayang New Materialco.Ltd(600281) : the company’s 2021 financial final account and 2022 financial budget

Shanxi Huayang New Materialco.Ltd(600281)

Financial final accounts of 2021 and financial budget of 2022

The company’s 2021 annual financial statement report was audited by ZTE caiguanghua Certified Public Accountants (special general partnership) and issued a standard unqualified audit report. The company’s financial final accounts in 2021 and financial budget in 2022 are described as follows:

1、 Financial final accounts of 2021:

(I) overview of the company’s assets, liabilities, profits and cash flows

As of December 31, 2021, the total assets of the company were 911716400 yuan, an increase of 566666 million yuan or 6.63% over 8550498 yuan at the beginning of the year; Total liabilities amounted to 4298102 million yuan, an increase of 1019258 million yuan or 31.09% over 3278872 million yuan at the beginning of the year; Shareholders’ equity was 4819062 million yuan, a decrease of 452564 million yuan or 8.58% compared with 5271626 million yuan at the beginning of the period, mainly due to the decrease of undistributed profits.

According to the audit, the company achieved an operating income of 2800517 million yuan in 2021, a decrease of 27.95% compared with 3886716 million yuan in the same period of last year, mainly due to the reduction of precious metal business volume. The three expenses were 484671 million yuan, an increase of 4.6% over 46.35 million yuan in the same period of the previous year, of which: the sales expenses increased by 59.51% over 1.0318 million yuan in the same period of the previous year, and the financial expenses decreased by 53.55% over 153345 million yuan in the same period of the previous year. The total profit realized was -492571 million yuan, and the net profit attributable to the shareholders of the parent company was -447252 million yuan, a decrease of 863257 million yuan compared with 416005 million yuan in the same period of last year.

The net increase in cash and cash equivalents of the company in 2021 was -26251800 yuan. Among them, the net cash flow from operating activities is -852845 million yuan; The net cash flow from investment activities is 128639 million yuan; The net cash flow from financing activities was 461688 million yuan.

(II) main financial indicators

In 2021, the net asset per share was 0.94 yuan, a decrease of 0.09 yuan compared with 1.02 yuan at the beginning of the period;

Earnings per share was -0.0869 yuan, a decrease of 0.1678 yuan from 0.0809 yuan in the same period last year; The return on net assets was – 8.86%, a decrease of 17.08% compared with 8.22% at the beginning of the period; The asset liability ratio was 47.14%, an increase of 8.81% over 38.33% at the beginning of the year; 2、 In 2022, the financial budget operating income is 1278.6 million yuan, and the fixed asset investment plan is 453.7 million yuan.

Shanxi Huayang New Materialco.Ltd(600281) April 20, 2022

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