Henan Huaying Agricultural Development Co.Ltd(002321) goodwill impairment test report
Company code: Henan Huaying Agricultural Development Co.Ltd(002321) company abbreviation: ST Huaying Henan Huaying Agricultural Development Co.Ltd(002321)
2021 goodwill impairment test report
1、 Whether to conduct impairment test √ yes □ No 2. Whether to obtain the evaluation report for the purpose of financial report in the impairment test √ yes □ no
Asset group name appraisal institution appraiser appraisal report no. appraisal value type appraisal result
As of the benchmark date
December 31, 2021, Hangzhou Huaying Xintang down noodle products Co., Ltd. with the value of 3343052 includes the goodwill asset group included in the appraisal scope, including the assets appraisal of Jiarui international Ze Ping, sun Yijing, Jiarui pingbao Zi (2022) recoverable amount: 10000 yuan, The current appraisal adopts the method of present value of estimated future cash flow of goodwill asset group Co., Ltd. No. 0060 to determine the appraisal conclusion: on the premise of continuous operation Under, the recoverable amount of the asset group including goodwill is
373362900 yuan.
3、 Are there any signs of impairment
Whether the asset group name has impairment trace remarks whether to withdraw impairment remarks impairment basis remarks
as
Hangzhou Huaying xintangyu has no sign of impairment no impairment not applicable
IV. allocation of goodwill of cashmere products Co., Ltd
Unit: Yuan
Asset group name asset group or asset group asset group or asset group asset group or asset group goodwill allocation method to allocate the original value of goodwill
Determination method of composition of contract book amount of contract
Hangzhou Huaying Xintang down
Products Co., Ltd. includes
The asset group of Hangzhou Huaying Xintang down goodwill is the only one in the relevant asset group, not
The non current recoverable amount of 33430520000 of the products Co., Ltd. on the base date of appraisal needs to be apportioned between the assets of different asset groups 11120000000 goodwill asset groups, including fixed assets
Production, construction in progress, intangible assets
Assets and goodwill.
Whether the determination method of asset group or asset group combination is different from that of previous years □ yes √ no
Henan Huaying Agricultural Development Co.Ltd(002321) goodwill impairment test report
5、 Goodwill impairment test process 1. Important assumptions and reasons
During the appraisal process, the appraisal assumptions we based on and used are the basic premise of the asset appraisal. At the same time, the users of the appraisal report are reminded to pay attention to the contents of the appraisal assumptions in order to correctly understand and use the appraisal conclusions.
(I) basic assumptions
1. Transaction assumptions:
Transaction assumption, that is, assuming that all assets to be evaluated are already in the process of transaction, asset evaluation professionals conduct evaluation according to the simulated market such as the transaction conditions of the assets to be evaluated.
Transaction assumption is the most basic premise for asset appraisal.
2. Open market assumptions:
Open market hypothesis, that is, it is assumed that for the assets traded in the market or the assets to be traded in the market, both parties to the asset transaction have equal status with each other and have the opportunity and time to obtain sufficient market information, so as to make a rational judgment on the function, purpose and transaction price of the assets. The open market hypothesis is based on the fact that assets can be bought and sold publicly in the market.
3. Assumption of going concern:
The assumption of continuous operation of the enterprise refers to that the appraised entity will maintain continuous operation and keep consistent with the current operation mode. (II) general assumptions
1. It is assumed that after the base date of the appraisal, there will be no major changes in the political, economic, social and other macro environment of the appraised entity and its business environment that will affect its business;
2. Except for the laws and regulations that have been promulgated and have not yet been implemented by the government on the benchmark date, it is assumed that there are no significant changes in the laws and regulations related to the operation of the appraised unit during the income period;
3. It is assumed that the changes of exchange rate, interest rate, tax, inflation and other factors involved in the operation of the appraised entity after the benchmark date will not have a significant impact on its operating conditions in the income period (considering the changes of interest rate from the benchmark date to the reporting date);
4. It is assumed that there are no irresistible and unforeseen events affecting the operation of the appraised entity after the benchmark date;
5. It is assumed that the appraisal object will continue to operate in the future forecast period and the assets within the appraisal scope will continue to be used;
6. It is assumed that the accounting policies adopted by the evaluation object in the prediction period are consistent with the evaluation base date in major aspects, with continuity and comparability;
7. It is assumed that the operation of the appraisal object in the forecast period complies with various national laws and regulations and is not illegal;
8. It is assumed that the relevant parties involved in the operation of the appraisal object in the future forecast period are responsible, and the management is capable of assuming their responsibilities. During the forecast period, the main management and technical personnel will not have major changes affecting their operation changes based on the status of the appraisal base date,
Henan Huaying Agricultural Development Co.Ltd(002321) goodwill impairment test report
The management team develops steadily, and the management system does not undergo major changes that affect its operation;
9. It is assumed that the information provided by the client and the relevant parties of the goodwill related asset group is true, complete and reliable, and there are no other defects or contingencies that may affect the appraisal conclusion that should be provided but have not been provided, and the appraisal professionals have performed the necessary appraisal procedures but are still unable to know;
10. It is assumed that there will be no litigation, mortgage, guarantee and other matters that have a significant impact on the operating performance of the appraisal object in the future income period.
(III) specific assumptions
1. Except for the fixed asset investment for which there is definite evidence indicating that the production capacity will change after the base date of the appraisal, it is assumed that the appraisal object will not carry out major investment activities affecting its operation during the forecast period, and the enterprise’s product production capacity or service capacity will be estimated according to the situation on the base date of the appraisal;
2. It is assumed that the operating cash inflow and cash outflow of the appraisal object occur evenly in the forecast period, and there will be no centralized recognition of income at a certain time of the year;
3. The future operation data provided by the appraised unit to the appraiser can be realized as scheduled in the future operation.
4. It is assumed that the products or services of the appraised unit will maintain the current market competition after the benchmark date.
5. The contracts signed by the appraised unit in the previous year and the current year are valid and can be implemented.
According to the requirements of the accounting standards for business enterprises, we believe that these assumptions are valid on the benchmark date. In case of major changes in the appraisal assumptions after the date of the appraisal report, we will not bear the responsibility for deriving different appraisal conclusions due to the changes in the appraisal assumptions. 2. Book value of overall asset group or asset group combination
Unit: Yuan
Asset groups belonging to shareholders of the parent company or asset groups belonging to minority shareholders, asset groups containing goodwill, book value of goodwill, book value of goodwill, book value of all goodwill and book value of other assets or combination of asset groups
Hangzhou Huaying Xintang down
Products Co., Ltd. includes 111200 Ping An Bank Co.Ltd(000001) 07800 China Vanke Co.Ltd(000002) 20000 Ping An Bank Co.Ltd(000001) 143052000033430520000 recoverable amount of goodwill asset group 3. Recoverable amount (1) net amount of fair value minus disposal expenses □ applicable √ not applicable (2) present value of estimated future net cash flow □ applicable √ not applicable
Henan Huaying Agricultural Development Co.Ltd(002321) goodwill impairment test report
4. Calculation of goodwill impairment loss
Unit: Yuan
The overall goodwill impairment standard of assets including goodwill belongs to the parent company’s shares. The recoverable amount of the current year’s goodwill impairment asset group name group or asset group combination has been accrued in the previous year. The goodwill impairment standard is the loss of goodwill impairment provision
Provision for book value
Hangzhou Huaying xintangyu
Cashmere Products Co., Ltd. 3343052 Shenzhen Nanshan Power Co.Ltd(000037) 336290000 0.00 0.00 0.00
