Bringspring Science And Technology Co.Ltd(300290)
Financial statement report of 2021
Bringspring Science And Technology Co.Ltd(300290) the parent company’s and consolidated balance sheet as of December 31, 2021, the parent company’s and consolidated income statement in 2021, the parent company’s and consolidated cash flow statement in 2021, the parent company’s and consolidated statement of changes in owner’s equity in 2021 and the notes to relevant statements have been audited by Rongcheng Certified Public Accountants (special general partnership) and issued an unqualified audit report with highlights. The final accounts of the company in 2021 are reported as follows:
1、 Main accounting data and financial indicators of the company
Change range from 2021 to 2020
Operating income (yuan): 8173097211778789646761 3.73%
Net profit attributable to shareholders of listed company (yuan) -404820551488036846237 – 603.71%
Net profit attributable to shareholders of listed company after deducting non recurring profit and loss of -35787394279, 7205066162 and -596.70% (yuan)
Net cash flow from operating activities of RMB 113832099
Basic earnings per share (yuan / share) -0.6538 0.1403 -566.00%
Diluted earnings per share (yuan / share) -0.6538 0.1395 -568.67%
The weighted average return on net assets was – 33.44%, 6.58%, down 40.02 percentage points
Change range at the end of 2021 and 2020
Total assets (yuan): 187462968436198296307110 – 5.46%
Net assets attributable to shareholders of listed companies (yuan) 103718905124136582322026 – 24.06%
2、 Analysis of the company’s financial situation, operating results and cash flow
(I) financial status of the company
1. Asset analysis:
The composition of the company’s assets is as follows:
Unit: Yuan
Change range of the project at the end of 2021 and 2020
Monetary capital 4147580721338385026397 8.05%
Change range of the project at the end of 2021 and 2020
Notes receivable 334573400946 Farasis Energy (Gan Zhou) Co.Ltd(688567) – 64.66%
Accounts receivable 4665142422051931759744 – 10.17%
Receivables financing 191405500472113531 – 59.46%
Prepayment 22867522581652259641 38.40%
Other receivables 37066026443195377036 16.00%
Inventory 24871, 199373, 12610758351, 97.22%
Contract assets 11927238451731160611 – 31.10%
Non current assets due within one year 11545642271021656331 13.01%
Other current assets 1454056826859029524 69.27%
Long term receivables 9497640141556181565 – 38.97%
Long term equity investment 29126758719589326138687%
Investment in other equity instruments 37911444098545079014 – 55.63%
Investment real estate 599423481618708717 – 3.12%
Fixed assets 817028572910548156459 – 22.54%
Construction in progress 52290932191120612982 366.63%
Right of use assets 2165627911 100.00%
Intangible assets 30501980146773506998 – 54.97%
Development expenditure 18527080941265220435 46.43%
Goodwill 3410337013146715873900 – 27.00%
Long term deferred expenses 319831632162811561 96.44%
Deferred income tax assets 11776803404452344540 – 73.55%
Other non current assets 24434643693712391880 – 34.18%
Total assets 187462968436198296307110 – 5.46%
Analysis of main changes:
1. Notes receivable decreased by 64.66% compared with the end of the previous year, mainly due to the decrease of undue bills at the end of the reporting period.
2. The financing of accounts receivable decreased by 59.46% compared with the end of last year, mainly due to the decrease of notes receivable measured at fair value and whose changes are included in other comprehensive income in the reporting period.
3. Prepayments increased by 38.40% over the end of last year, mainly due to the increase in prepayments to suppliers during the reporting period. 4. Inventories increased by 97.22% over the end of last year, mainly due to the increase of unfinished projects in the reporting period.
5. Contract assets decreased by 31.10% compared with the end of last year, mainly due to the quality assurance deposit in line with the definition of contract assets in the reporting period
Decrease.
6. Other current assets increased by 69.27% over the end of the previous year, mainly due to the increase of VAT allowance in the reporting period.
7. Long term receivables decreased by 38.97% compared with the end of the previous year, mainly due to the decrease in the maturity of long-term receivables from installment sales of products in the reporting period.
8. The long-term equity investment increased by 138687% over the end of last year, mainly due to the increase of the company’s investment in equity method in the reporting period.
9. Investment in other equity instruments decreased by 55.63% compared with the end of last year, mainly due to changes in the fair value of investment in other equity instruments during the reporting period.
10. The construction in progress increased by 366.63% over the end of last year, mainly due to the increase in construction investment of projects funded by the company during the reporting period.
11. The use right assets increased by 100.00% over the end of the previous year, mainly due to the implementation of the new leasing standards for new leased assets in the reporting period.
12. Intangible assets decreased by 54.97% compared with the end of the previous year, mainly due to the increase in the provision for impairment and accumulated amortization of intangible assets in the reporting period.
13. Development expenditure increased by 46.43% over the end of last year, mainly due to the increase in R & D investment in the reporting period.
14. Goodwill decreased by 27.00% compared with the end of last year, mainly due to the provision for impairment of goodwill formed by the acquisition of equity of Shanghai mijian Information Technology Co., Ltd. in 2015.
15. Long term deferred expenses increased by 96.44% over the end of last year, mainly due to the increase in decoration of leased assets during the reporting period.
16. Deferred income tax assets decreased by 73.55% compared with the end of the previous year, mainly due to the reversal of deferred income tax assets at the beginning of the reporting period.
17. Other non current assets decreased by 34.18% compared with the end of the previous year, mainly due to the provision for impairment of non current assets that did not meet the recognition conditions of financial assets in the reporting period.
2. Analysis of liabilities
The composition of the company’s liabilities is as follows:
Unit: Yuan
Change range of the project at the end of 2021 and 2020
Short term loan 1173811072810832796932 8.36%
Notes payable 1823467080765021100 138.36%
Accounts payable 2594732730318095289663 43.39%
Advance payment 17629524 100.00%
Contract liabilities 1763720905610671794662 65
