Shanghai Hyp-Arch Architectural Design Consultant Co.Ltd(301024) : financial statement report of 2021

Shanghai Hyp-Arch Architectural Design Consultant Co.Ltd(301024)

Financial statement report of 2021

Shanghai Hyp-Arch Architectural Design Consultant Co.Ltd(301024) (hereinafter referred to as "the company") has audited the financial report of 2021 by Lixin Certified Public Accountants (special general partnership) and issued a standard unqualified audit report; The financial statements of the company in 2021 are reported as follows:

1、 Main financial indicators of the company in 2021

Unit: Yuan

Increase and decrease of the project at the end of 2021 and 2020

Total assets 9340915759739762582542 134.92%

Total liabilities 103125616527621913062 35.30%

Owner's equity attributable to shareholders of listed companies 8306744475832140669480 158.45%

Increase and decrease of the project from 2021 to 2020

Operating income 3412315354431817582119 7.25%

Operating profit 52844917868128234892 - 34.99%

Total profit 52835715558333194214 - 36.60%

Net profit attributable to shareholders of listed companies 46890155247291836892 - 35.70%

Net cash flow from operating activities (yuan) -6200108327 - 2058538728 - 201.19%

Basic earnings per share (yuan / share) 1.30 2.29 - 43.23%

Diluted earnings per share (yuan / share) 1.30 2.29 - 43.23%

Weighted average return on net assets 8.72%, 25.59% - 16.87%

During the reporting period, the company achieved a total operating income of 34123153544 yuan, an increase of 7.25% over the same period of last year, and a net profit attributable to shareholders of listed companies of 4689015524 yuan, a decrease of 35.70% over the same period of last year. The main reasons are:

1. In the second half of 2021, affected by the regulation of real estate policies, the overall growth rate of the real estate industry declined rapidly; Due to the repeated outbreak of covid-19 epidemic in some provinces and cities and the impact of China's epidemic control measures, the growth of the company's operating revenue slowed down year-on-year during the reporting period; In order to maintain and improve the company's core competitiveness and further expand its business areas, the company introduced more excellent talents and teams while ensuring employees' posts and income

2. Accrual of credit impairment loss: according to the accounting standards for Business Enterprises No. 8 - asset impairment and relevant accounting policies, the company accrued credit impairment loss of 3250831937 yuan in the 2021 annual report. By the end of the reporting period, the company was in good financial condition, with total assets of 93409157597 yuan, an increase of 134.92% over the end of the previous year, mainly due to the corresponding increase in current assets due to the entry of funds raised by the company's initial public offering. The owner's equity attributable to the shareholders of the listed company was 830674444758 yuan, an increase of 158.45% over the end of the previous year, which was mainly due to the increase in the paid in capital and capital reserve in the owner's equity due to the company's initial public offering of 10.6 million shares in 2021, with a total net raised capital of 46237759754 yuan.

2、 Analysis of financial position, operating results and cash flow in 2021

1. Analysis of assets at the end of the reporting period

Unit: Yuan

Remarks on changes in assets at the end of 2021 and 2020

Monetary capital Guangdong Pak Corporation Co.Ltd(300625) 564304103861269 632.54% note 1

Trading financial assets 8000000000 0.00 note 2

Notes receivable 531905001050911796 - 94.94% note 3

Accounts receivable 4106761293629903530966 37.33% note 4

Prepayment 927488342399179876 132.35% note 5

Other receivables 985634414794850515 24.00%

Contract assets 0. Risesun Real Estate Development Co.Ltd(002146) 8285 - 100.00%

Other current assets 147361897 0.00 Note 6

Total current assets 8124384451936273802707 123.97%

Investment real estate 8601843090417762 - 4.87%

Investment in other equity instruments 311908000311908000 0.00%

Fixed assets 815972168602377539 35.46% note 7

Right of use assets 1679732982 0.00 note 8

Intangible assets 8852 Shenzhen Prolto Supply Chain Management Co.Ltd(002769) 748018 26.91%

Goodwill 5370114228 0.00 note 9

Long term deferred expenses 683215581731294046 - 6.57%

Deferred income tax assets 838386732430415051 94.79% note 10

Other non current assets 22914449301252619419 82.93% note 11

Total non current assets 121653130783488779835 248.70%

Total assets 9340915759739762582542 134.92%

Note 1: at the end of the reporting period, the monetary capital increased by 632.54% over the end of the previous year, mainly due to the company's initial public offering of shares and the receipt of raised funds during the reporting period.

Note 2: at the end of the reporting period, the trading financial assets were 8000000000 yuan, mainly due to the company's use of idle funds to purchase financial products during the reporting period.

Note 3: at the end of the reporting period, notes receivable decreased by 94.94% compared with the end of the previous year, mainly due to the due collection of notes and the delayed transfer of a small amount of notes to respond to accounts receivable during the reporting period.

Note 4: at the end of the reporting period, accounts receivable increased by 37.33% compared with the end of the previous year, mainly due to the increase of accounts receivable driven by the increase of the company's operating revenue during the reporting period and the overall slowdown in the progress of customer collection due to factors such as the regulation of real estate policies.

Note 5: at the end of the reporting period, the prepayment increased by 132.35% compared with the end of the previous year, mainly due to the increase of prepayment for soft decoration procurement by the company during the reporting period.

Note 6: at the end of the reporting period, other current assets were 147361897 yuan, mainly due to the increase of input tax to be deducted during the reporting period.

Note 7: at the end of the reporting period, fixed assets increased by 35.46% compared with the end of the previous year, mainly due to the new fixed assets and the merger of acquired companies into fixed assets during the reporting period.

Note 8: at the end of the reporting period, the right to use assets amounted to 1679732982 yuan, which was mainly due to the implementation of the new leasing standards during the reporting period and the recognition of the right to use assets for leases other than short-term leases and low value asset leases.

Note 9: at the end of the reporting period, the goodwill was 5370114228 yuan, mainly due to the goodwill generated by the acquisition of Shanghai qianxu Engineering Project Management Co., Ltd., Shanghai Lixiang architectural design firm (general partnership) and Shanghai hope planning and Architectural Design Co., Ltd.

Note: at the end of the reporting period, the increase of 10.94% in deferred income tax is mainly due to the increase of deferred income tax at the end of the reporting period.

Note 11: at the end of the reporting period, other non current assets increased by 82.93% compared with the end of the previous year, mainly due to the addition of houses with part of the house payment paid but without property certificate during the reporting period.

2. Analysis of liabilities and owner's equity at the end of the reporting period

Unit: Yuan

Notes on changes in liabilities and shareholders' equity at the end of 2021 and 2020

Accounts payable 24848141971179979399 110.58% note 1

Contract liabilities 148543735216032843 - 31.24% note 2

Payroll payable 13877414363169149362 - 56.21% note 3

Taxes payable 33247356332658487034 2