Beijing Orient Landscape & Environment Co.Ltd(002310)
Financial statement report of 2021
2021 is the beginning of the 14th five year plan, and it is also a key year for deepening the battle of pollution prevention and control. Standing at a new starting point, focusing on its main business, the company actively implemented the strategic objectives set at the beginning of the year, focused on the completion and settlement of PPP projects, increased investment in industrial waste recycling business and solid waste disposal business, further optimized the business structure, and achieved an annual business income of 10.487 billion yuan, a year-on-year increase of 20.18%. During the reporting period, the net profit attributable to the shareholders of the listed company was -1.158 billion yuan due to the large amount of provision for impairment of various assets accrued by the company, which had an impact on the profits.
By the end of 2021, the total assets of the company were 45.247 billion yuan, the total liabilities were 33.071 billion yuan, the net assets attributable to the parent company were 10.757 billion yuan, the asset liability ratio was 73.09%, and the asset liability ratio was within a controllable range.
During the reporting period, the net operating cash flow of the company was 755 million yuan, with a year-on-year increase of 201.12%, mainly due to the reasonable arrangement of capital expenditure according to the budget progress and the increase of payment collection of engineering projects on the premise of ensuring capital safety. In addition, the company’s industrial waste sales revenue increased, and the corresponding sales goods collection increased.
1、 Assets and liabilities
1. Current assets were RMB 26263847900, down 5.43% from the end of the previous year;
2. Non current assets were 189834198 million yuan, an increase of 7.81% over the end of the previous year;
3. The total assets were 45247267700 yuan, a decrease of 0.29% over the end of the previous year;
4. Current liabilities were 22203589800 yuan, down 5.55% from the end of the previous year;
5. Total liabilities amounted to 330712461 million yuan, an increase of 3.07% over the end of the previous year;
6. The shareholders’ equity attributable to the parent company was 107569173 million yuan, down 9.81% from the end of the previous year.
2、 Profit situation
1. The operating income was 104866276 million yuan, a year-on-year increase of 20.18%;
2. The operating cost was 95105064 million yuan, a year-on-year increase of 32.47%;
3. The management fee was 60123000 yuan, a year-on-year increase of 270000 yuan;
4. The financial expenses were 850653 million yuan, a year-on-year increase of 5.04%;
5. Income tax expense was -1353952 million yuan, a year-on-year decrease of 84.13%;
6. The net profit was -1169808200 yuan, a year-on-year decrease of 139.14%;
7. The net profit attributable to the parent company was -1158373800 yuan, a year-on-year decrease of 135.32%.
3、 Cash flow 1. The net cash flow from operating activities was 754543800 yuan, an increase of 201.12% over the previous year. 2. The net cash flow generated from investment activities was RMB 11.389 million, up from RMB 11.389 million in the previous year. 3. The net cash flow from financing activities was 1259004 million yuan, a decrease of 94.86% over the previous year Beijing Orient Landscape & Environment Co.Ltd(002310) board of directors April 26, 2022
