Hynar Water Group Co.Ltd(300961)
Financial statement report of 2021
The company’s 2021 financial statement has been successfully completed. The financial management center has prepared the 2021 financial report and financial statement materials in strict accordance with the accounting standards for business enterprises and other standards and norms. Now the 2021 financial statement is as follows:
1、 Annual operating results
During the reporting period, the company achieved an operating revenue of 5489505 million yuan, a year-on-year decrease of 2.94%; The net profit attributable to the shareholders of the listed company was 390338 million yuan, a year-on-year decrease of 57.77%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 38.094 million yuan, a year-on-year decrease of 57.61%.
1. Sales revenue
The operating income decreased by 166045 million yuan or 2.94% over the previous year.
The company’s performance in 2021 was basically the same as that in the same period of last year. Under the leadership of the company’s board of directors and management team, all project projects were orderly promoted, and the company achieved high-quality and stable development in terms of business performance, system management, technological innovation, business expansion and project operation.
2. Cost and expense control
In 2021, the expenses and income tax expenses totaled 1482679 million yuan, an increase of 374026 million yuan or 33.74% over the previous year. Of which:
(1) The sales expense was 295672 million yuan, an increase of 9.4108 million yuan year-on-year, an increase of 46.69% year-on-year, mainly due to the increase of market sales personnel and market promotion according to the company’s market strategic layout, resulting in a significant increase in employee salary, transportation travel expenses and promotion expenses in this period compared with the same period last year.
(2) The management fee was 587624 million yuan, an increase of 200917 million yuan, a year-on-year increase of 51.96%, mainly due to the increase of management personnel at all levels, including new project management personnel, resulting in a significant increase in employee salary, rent, property management fee, transportation travel expenses and business entertainment expenses in this period compared with the same period of last year.
(3) The R & D cost was 221633 million yuan, an increase of 6.179 million yuan year-on-year, an increase of 38.66% year-on-year, mainly because according to the strategic plan, in order to improve the core competitiveness of technology, the company increased investment in technology R & D, undertook scientific research projects and introduced more technology R & D talents, resulting in a significant increase in R & D material requisition, employee salary and other expenses compared with the same period last year.
(4) The financial expense was 29.322 million yuan, an increase of 6.551 million yuan year-on-year, an increase of 28.77%, mainly due to the increase of loan interest expenditure due to the increase of investment and financing scale of the current project.
(5) The income tax expense was 8.4531 million yuan, a year-on-year decrease of 4.83 million yuan, a year-on-year decrease of 36.36%, mainly due to the corresponding decrease in profit compared with the previous period.
2、 Financial position at the end of the period
On December 31, 2021, the total assets of the company were 2437281200 yuan, an increase of 804510400 yuan or 49.27% over the previous year; Total liabilities amounted to 1378498200 yuan, an increase of 441272700 yuan or 47.08% over the previous year; Shareholders’ equity attributable to the parent company was 10447006 million yuan, an increase of 3501924 million yuan or 50.42% over the previous year.
1. The increase of the company’s total assets is mainly due to the increase of intangible assets and other non current assets in the current period; Obtain new bank loans; Due to the initial public offering of shares this year.
2. The increase of the company’s total liabilities is mainly due to the acquisition of new bank loans in the current period.
3、 Annual cash flow status
In 2021, the balance of cash and cash equivalents at the end of the period was 2203738 million yuan, and the net increase of cash and cash equivalents was 1731393 million yuan.
1. During the reporting period, the net cash flow from operating activities was 177660100 yuan, a decrease of 126209 million yuan over the same period last year, mainly due to the year-on-year increase in government subsidies received in the current period.
2. During the reporting period, the net outflow of cash flow from investment activities was 343446200 yuan, an increase of 297154000 yuan over the same period of last year, mainly due to the increase in the purchase and construction of fixed assets, intangible assets and the purchase of financial management by the company.
3. During the reporting period, the net cash flow from financing activities was 6946712 million yuan, an increase of 4517462 million yuan over the same period of last year, mainly due to the increase in raised funds and borrowings received from the company’s initial public offering of shares in this period.
Hynar Water Group Co.Ltd(300961) board of directors April 26, 2022
