Securities code: Whole Easy Internet Technology Co.Ltd(002464) securities abbreviation: Whole Easy Internet Technology Co.Ltd(002464) Announcement No.: 2022040 Whole Easy Internet Technology Co.Ltd(002464)
Announcement on the provision for asset impairment in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Whole Easy Internet Technology Co.Ltd(002464) (hereinafter referred to as "the company") has made provision for asset impairment for the company in 2021 in accordance with the accounting standards for business enterprises, self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board and other relevant provisions. The specific situation is hereby announced as follows:
1、 Overview of the provision for asset impairment this time
1. Reasons for withdrawing asset impairment provision this time
According to the requirements of the accounting standards for business enterprises and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 - standardized operation of listed companies on the main board, in order to more truly and accurately reflect the company's asset status and financial status as of December 31, 2021, the company and its subsidiaries have conducted a comprehensive analysis and evaluation of inventory, accounts receivable, fixed assets, goodwill and other assets, Provision for impairment shall be made for assets that may suffer from asset impairment losses. 2. The asset scope, total amount and reporting period to be included in the provision for asset impairment this time
After the company and its subsidiaries conducted a comprehensive inventory and asset impairment test on the assets with possible signs of impairment at the end of 2021, including inventory, accounts receivable, fixed assets, intangible assets and goodwill, the provision for asset impairment of RMB 149132200 was withdrawn in 2021, as shown in the following table:
The proportion of capital withdrawn from the beginning of the year to the end of the year belongs to the listed company in 2020
Asset Name: amount of provision for impairment of assets (10000 yuan) absolute net profit of shareholders of the company
(yuan) value proportion
Bad debt provision for accounts receivable 618123 19.42%
Provision for impairment of long-term equity investment 715548 22.49%
Provision for impairment of intangible assets 158.61 0.50%
Provision for impairment of goodwill 141790 4.46%
Total 1491322 46.86%
The reporting period for the provision for asset impairment is from January 1, 2021 to December 31, 2021.
2、 Explanation of the rationality of the provision for asset impairment and its impact on the company
The provision for impairment of various assets meets the requirements of the accounting standards for business enterprises, making the company's financial data more authentic and accurate. The total provision for impairment of various assets this time is 149132200 yuan, which will reduce the net profit attributable to the shareholders of the listed company by 149132200 yuan in 2021 and the owner's equity attributable to the shareholders of the listed company by 149132200 yuan in 2021. The provision for impairment of assets this time has been audited by zhongxinghua Certified Public Accountants (special general partnership).
3、 Description of impairment provision for individual assets
1. Description of bad debt provision for accounts receivable of the company
The provision for asset impairment this time is mainly the provision for bad debts of accounts receivable and other receivables. The recognition criteria and withdrawal methods of bad debt losses are as follows:
For receivables and contract assets without major financing components, the company measures the loss reserves according to the amount equivalent to the expected credit loss in the whole duration.
For receivables and contract assets with significant financing components, the company chooses to always measure the loss reserves according to the amount equivalent to the expected credit loss during the duration. Instead of choosing the simplified treatment method, the loss provision is measured by the amount of expected credit loss in the next 12 months or the whole duration according to whether the credit risk has increased significantly since the initial recognition.
According to whether the credit risk of other receivables has increased significantly since initial recognition, the amount equivalent to the expected credit loss in the next 12 months or the whole duration is used to measure the impairment loss. In addition to other receivables that individually assess credit risk, they are divided into different combinations based on their credit risk characteristics:
Basis for determining project portfolio
Portfolio 1 related party arrears
Internal reserve fund of portfolio 2
Combination 3 non overdue margin, deposit, pledged and guaranteed funds
Portfolio 4 takes the aging of receivables as the credit risk feature
No provision for bad debts will be made for the above combinations 1, 2 and 3.
Combination 4. The combination withdrawing method of withdrawing bad debt reserves using aging as credit risk characteristics:
Accrual proportion of aging accounts receivable (%)
Within 1 year 5
1 to 2 years 50
2 to 3 years 80
More than 3 years 100
According to the above standards and methods, the company has withdrawn 618123 million yuan of bad debt reserves for accounts receivable.
2. Description of impairment provision for the company's investment in microbeam International Holdings Limited
Microbeam International Holdings Limited, an associate of the company, has a long-term equity investment of 33812918754 yuan in 2021. After testing, the company suffered an impairment of 7155479554 yuan, accounting for 22.49% of the absolute value of the audited net profit attributable to the shareholders of the listed company in 2020.
It is hereby announced.
Whole Easy Internet Technology Co.Ltd(002464)
Board of directors
April 29, 2002
