Shanghai Yachuang Electronics Group Co., Ltd
Financial statement report of 2021
The 2021 financial statements of Shanghai Yachuang Electronics Group Co., Ltd. (hereinafter referred to as "the company" or "Yachuang Electronics") have been audited by Ernst & Young Huaming Certified Public Accountants (special general partnership) and issued an unqualified audit report with report no. anyong Huaming (2022) Shen Zi No. 61278344b01. Ernst & young certified public accountants believe that the 2021 financial statements of the company are prepared in accordance with the provisions of the accounting standards for business enterprises, In all material aspects, it fairly reflects the financial position of the company as of December 31, 2021 and the operating results and cash flow of the company in 2021. The current financial report of 2021 will be as follows:
1、 Key financial data
Unit: RMB
Increase or decrease of the project from 2021 to 2020 over the previous year
Operating income (yuan): 141784741825109773400129 29.16%
Net profit attributable to shareholders of listed companies
Run (yuan) 92406574395955543184 55.16%
Deduction attributable to shareholders of listed companies
Net profit of non recurring profit and loss (yuan): 91551128485531049928 65.52%
Net cash flow from operating activities
Amount (yuan) -31996470853 -38308104606 16.48%
Basic earnings per share (yuan / share) 1.5 0.99 51.52%
Diluted earnings per share (yuan / share) 1.5 0.99 51.52%
Weighted average return on net assets 20.98%, 17.68%, 3.30%
Increase or decrease of the project at the end of 2021 and 2020 compared with the end of last year
Total assets (yuan): 11891426068471282485506 66.82%
Total liabilities (yuan): 3504433620935057448548 -0.04%
Total share capital (shares) 80000 Shenzhen Zhenye(Group)Co.Ltd(000006) 00000000 33.33%
Net capital attributable to shareholders of listed companies
Output (yuan) 8410674233336499474689 130.43%
Note: the above financial data are consolidated statement data.
2、 Assets, liabilities and shareholders' equity
(I) composition of assets
Unit: RMB
Change range of the project from 2021 to 2020 (%)
Monetary capital 275636145994933166138 458.74%
Trading financial assets 84193052277610749312 10.62%
Notes receivable - 17637100%
Accounts receivable 5238697450443154822850 21.39%
Prepayment 4166531463680099152 512.64%
Other receivables 874412738307796727 184.09%
Inventory 167113562228082303362 106.76%
Contract assets 75085520118482415 - 36.63%
Other current assets 796292754671225597 18.63%
Total current assets 11311123696465558645553 72.53%
Investment in other equity instruments 5900 Shenzhen Guohua Network Security Technology Co.Ltd(000004) Shanghai Pudong Development Bank Co.Ltd(600000) 00 28.26%
Fixed assets 29464976753106165881 - 5.14%
Right of use assets 243988815 - 100.00%
Intangible assets 6832268171119995366 - 39.00%
Long term deferred expenses 370548595249805418 48.33%
Deferred income tax assets 845702818685503288 23.37%
Other non current assets 123059000102370000 20.21%
Total non current assets 58030237205723839953 1.38%
Total assets 11891426068471282485506 66.82%
At the end of the reporting period, the total assets were 1189142600 yuan, an increase of 476317800 yuan or 66.82% over the beginning of the period, including 475525900 yuan or 72.53% increase in current assets and 7918858100 yuan or 1.38% increase in non current assets. The changes of main assets are as follows:
1. Monetary capital: the ending amount was 2756361 yuan, an increase of 226304500 yuan or 458.74% over the beginning of the period, mainly due to the arrival of funds raised after the company was listed;
2. Notes receivable: the ending amount is 211766 million yuan, an increase of 211766 million yuan or 100% over the beginning, mainly due to the reduction of notes receivable that have been endorsed or discounted but are not due on the balance sheet date;
3. Accounts receivable: the ending amount was 5238697 million yuan, an increase of 923215 million yuan or 21.39% over the beginning, mainly due to the year-on-year increase in business scale in the second half of 2021 and the increase in accounts receivable during the credit period; 4. Prepayment: the amount at the end of the period was 416653 million yuan, an increase of 348643 million yuan or 512.64% over the beginning of the period, mainly due to the non arrival of the purchase price reported in advance at the end of the period;
5. Other receivables: the ending amount was 8.7441 million yuan, an increase of 5.6662 million yuan or 184.09% over the beginning, mainly due to the receivables formed by the disposal of intangible assets;
6. Inventory: the ending amount was 167113600 yuan, an increase of 862905 million yuan or 106.76% over the beginning of the period, mainly due to the increase in sales revenue and increased goods preparation during the reporting period;
7. Investment in other equity instruments: the closing amount was 5.9 million yuan, an increase of 1.3 million yuan or 28.26% over the beginning of the period, mainly because the company held 4.86% equity of Guizhou Yaguang.
During the reporting period, the fair value of Guizhou Yaguang increased;
8. Right to use assets: the ending amount is 2.4399 million yuan, an increase of 2.4399 million yuan or 100% over the beginning, mainly due to the measurement according to the new lease accounting standards;
9. Intangible assets: the closing amount was 6.8323 million yuan, a decrease of 4.3677 million yuan or 39.00% compared with the beginning of the period, mainly due to the company's sale of intangible asset patents during the reporting period.
(II) composition of liabilities
Unit: RMB
Change range of the project from 2021 to 2020 (%)
Short term loan 2152872242019214360544 12.04%
Notes payable - 79611280 - 100.00%
Accounts payable 908615606212336257943 - 26.35%
Contract liabilities 742999180545310529 36.25%
Payroll payable 1287383140701517468 83.51%
Tax payable 14782253131750291917 - 15.54%
Other payables 639202131404278378 58.11%
Other current liabilities 4694814225820489 81.83%
Non current liabilities due within one year
Debt 190044026 - 100.00%
Total current liabilities 3499968041435057448548 - 0.16%
Lease liabilities 44655795 - 100.00%
Total non current liabilities - 449500%
Total liabilities 3504433620935057448548 - 0.04%
At the end of the reporting period, the total liabilities were 3504434 million yuan, a decrease of 131100 yuan or 0.04% compared with the beginning of the period, of which the current liabilities decreased by 577700 yuan or 0.16%, and the non current liabilities increased by 446600 yuan or 100%. The changes of main liabilities are as follows:
1. Short term loan: closing amount 2
