Bode Energy Equipment Co.Ltd(300023)
Audit report
Xikuaishan Zi (2022) No. 1992
catalogue
1、 Audit report (1-5) II. Financial statements
(I) consolidated financial statements
1. Consolidated balance sheet （6-7）
2. Consolidated income statement （8）
3. Consolidated cash flow statement （9） 4. Consolidated statement of changes in shareholders' equity (10-11) (Ⅱ) financial statements of the parent company
1. Balance sheet of parent company （12-13）
2. Income statement of the parent company （14）
3. Cash flow statement of the parent company （15） 4. Statement of changes in shareholders' equity of the parent company..................... (16-17) III. notes to financial statements (18-91) IV. copy of certificate
(I) certified public accountant qualification certificate
(II) business license of accounting firm
(III) practice certificate of accounting firm
SIGEMA CPA (special general partnership)
Xikuaishan Zi (2022) No. 1992
Audit report
Bode Energy Equipment Co.Ltd(300023) all shareholders:
1、 Audit opinion
We have audited the financial statements of Bode Energy Equipment Co.Ltd(300023) (hereinafter referred to as your company), including the consolidated and parent company's balance sheet on December 31, 2021, the consolidated and parent company's income statement, consolidated and parent company's cash flow statement, consolidated and parent company's statement of changes in shareholders' equity and notes to financial statements in 2021.
In our opinion, the attached financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises in all material aspects, and fairly reflect the financial position of your company as of December 31, 2021 and the operating results and cash flows of your company and the parent company in 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The "responsibilities of certified public accountants for the audit of financial statements" in the audit report further expounds our responsibilities under these standards. In accordance with the code of professional ethics for Chinese certified public accountants, we are independent of your company and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Key audit matters
The key audit matters are the most important matters that we consider to audit the current financial statements according to our professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We will not express separate opinions on these matters. The key audit matters identified in our audit are as follows:
(I) revenue recognition
1. Key audit matters
As shown in note V (XXVIII) "operating income and operating cost" of the consolidated financial statements of your company, the consolidated operating income of your company in 2021 was 6085001 million yuan, an increase of 86.40% over 2020. Since operating revenue and its changes are one of the key performance indicators of your company and have a significant impact on the overall financial statements, revenue recognition is determined as a key audit event.
2. Response in audit
Our main audit procedures for revenue recognition include but are not limited to:
(1) Understand, evaluate and test the design and operation effectiveness of the management's internal control related to revenue recognition, and evaluate whether the company's revenue recognition methods comply with the standards and accounting policies;
(2) Implement analytical review procedures, compare and analyze the changes of revenue month, year, product and customer, and analyze the changes of selling price, cost and gross profit of main products;
(3) Spot check the sample of revenue this year, check the sales contract, understand the basic situation of main customers, identify relevant contract terms and conditions, check the invoice, delivery order and shipping voucher, check the buyer's receipt or acceptance basis, spot check the bank collection original voucher of main customers' payment collection, check the bank statement records of customers' payment collection, and judge whether the basis for revenue recognition is compliant and sufficient;
(4) Check each business link of purchase and payment, sales and collection of alcohol trade business in detail, obtain the original vouchers of each business link, including business contracts, invoices, goods warehousing and warehousing documents, logistics information, collection and payment, etc., interview customers and suppliers of alcohol trade, and understand the commercial essence of alcohol trade business;
(5) Check the bank card capital flow of relevant personnel of the company during and after the reporting period to confirm whether there is off account income, rebate and bearing costs on behalf of others;
(6) Perform a cut-off test on the operating revenue to confirm whether the revenue recognition is intertemporal;
(7) The balance of business income letter transaction and the amount incurred in the current period.
(II) recognition of gains and losses from asset disposal
1. Key audit matters
As shown in note V (XXXVIII) "income from asset disposal" of the consolidated financial statements of your company, the income from the disposal of fixed assets and intangible assets of your company in 2021 was 811220 million yuan, accounting for 90.16% of the net profit attributable to the shareholders of the parent company in the current period, which is an important source of the current profit of your company. Therefore, the profit and loss from asset disposal is determined as a key audit event. 2. Response in audit
Our main audit procedures for the recognition of gains and losses from asset disposal include but are not limited to:
(1) We obtained and consulted the resolutions and resolutions of the board of directors and the general meeting of shareholders on the sale of relevant assets, relevant agreements on asset transfer and relevant evaluation reports;
(2) We checked the tax declaration materials for asset disposal and asset delivery materials, and reviewed the bank receipts and bank statements of the company receiving the asset transfer price;
(3) We reviewed the calculation, presentation and relevant disclosure of the profits and losses from the disposal of relevant assets in the current period;
(4) We checked the post term performance of the asset transfer agreement to confirm whether the relevant transactions were performed according to the agreement.
4、 Other information
The management of your company is responsible for other information. Other information includes the information covered in the annual report, but does not include the financial statements and our audit report.
Our audit opinion on the financial statements does not cover other information, and we will not issue any form of assurance conclusion on other information.
In combination with our audit of the financial statements, our responsibility is to read other information and consider whether other information is materially inconsistent with the financial statements or the information we have learned in the audit process, or there seems to be material misstatement.
Based on the work we have performed, if we determine that there is a material misstatement in other information, we should report that fact. In this regard, we have nothing to report.
5、 Responsibilities of management and governance for financial statements
The management of your company (hereinafter referred to as the management) is responsible for preparing the financial statements in accordance with the provisions of the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the financial statements are free from material misstatement caused by fraud or error.
When preparing the financial statements, the management is responsible for assessing the company's ability to continue as a going concern, disclosing matters related to going concern and applying the assumption of going concern, unless the management plans to liquidate the company, terminate the operation or has no other realistic choice.
The management is responsible for supervising the financial reporting process of your company.
6、 Responsibilities of certified public accountants for the audit of financial statements
Our goal is to obtain reasonable assurance on whether the financial statements as a whole are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the financial statements based on the financial statements, the misstatement is generally considered to be significant.
In the process of carrying out the audit work in accordance with the audit standards, we use professional judgment and maintain professional doubt. At the same time, we also carry out the following work:
(I) identify and assess the risks of material misstatement of financial statements due to fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error. (II) understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express opinions on the effectiveness of internal control.
(III) evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures. (IV) draw a conclusion on the appropriateness of the management's use of the going concern assumption. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about the sustainable operation ability of your company. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause your company to be unable to continue its business.
(V) evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
(VI) obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in your company to express audit opinions on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
We also provide a statement to the management that we have complied with the professional ethics requirements related to independence, and communicate with the management all relationships and other matters that may reasonably be considered to affect our independence, as well as relevant preventive measures. From the matters communicated with the management, we determine which matters are the most important for the audit of the current financial statements, thus constituting key audit matters. We describe these matters in the audit report, unless laws and regulations prohibit the public disclosure of these matters, or in rare cases, if the negative consequences of communicating a matter in the audit report are reasonably expected to exceed the benefits in the public interest, we determine that we should not communicate the matter in the audit report.
Sigmar Certified Public Accountants (special general partnership) Chinese certified public accountant:
(project partner)
Chinese certified public accountant in Xi'an, China:
April 29, 2022
Consolidated balance sheet
Prepared by: Bode Energy Equipment Co.Ltd(300023) December 31, 2021 unit: RMB
Notes to assets closing balance closing balance of last year
Current assets:
Monetary capital v. (I) 5030800951527288892323
Trading financial assets
Derivative financial assets
Notes receivable v. (II) 34544046742257104
Accounts receivable v. (III) 15436729557118503
Receivables financing
Prepayment v. (IV) 178547428523832954
Other receivables v. (V) 3098547770562 Super Telecom Co.Ltd(603322)
Inventory v. (VI) 4045162 Zhejiang Red Dragonfly Footwear Co.Ltd(603116) 3685215
Contract assets
Assets held for sale
Non current assets due within one year
Other current assets v. (VII) 605236558501381129
Total current assets 6034223849329639770550
Non current assets:
Debt investment
Other debt investment
long-term receivables
Long term equity investment
Investment in other equity instruments
Other non current financial assets
Investment real estate v
