Securities code: 002371 securities abbreviation: Naura Technology Group Co.Ltd(002371) Announcement No.: 2022-002 Naura Technology Group Co.Ltd(002371)
Announcement on the provision of impairment loss of assets
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.
1、 Summary of asset impairment loss accrued this time
(I) reasons for withdrawing asset impairment loss this time
In accordance with the accounting standards for business enterprises, the stock listing rules of Shenzhen Stock Exchange (revised in 2022) and the accounting policies of Naura Technology Group Co.Ltd(002371) (hereinafter referred to as “the company”), in order to more truly and accurately reflect the assets and operating conditions of the company as of December 31, 2021, based on the principle of prudence, the company Impairment tests have been carried out on various assets such as fixed assets, the possibility of recovery of receivables has been fully evaluated and analyzed, and credit impairment losses have been accrued. For some fixed assets that can no longer meet the needs of R & D and production due to industrial technology updates, asset impairment losses have been accrued if there are signs of impairment. From January to December 2021, the company accrued impairment loss of 87.5431 million yuan, including credit impairment loss of 30.7332 million yuan and asset impairment loss of 56.8099 million yuan. The specific conditions are as follows: (II) the scope and total amount of the impairment loss of the assets withdrawn in this time
Amount of impairment loss accrued in 2021 (10000 yuan)
1、 Credit impairment loss 3073.32
Including: accounts receivable 3019.69
Other receivables -29.04
Notes receivable 82.67
2、 Asset impairment loss 5680.99
Including: fixed assets 4830.45
Inventory 516.22
Contract assets 334.32
Total 8754.31
Note: the above data have not been audited.
(III) accounting treatment basis
According to accounting standards for Business Enterprises No. 22 – recognition and measurement of financial instruments, accounting standards for Business Enterprises No. 8 – asset impairment and accounting standards for Business Enterprises No. 1 – inventory, impairment reserves are accrued for receivables, fixed assets and inventories.
(IV) provision method and recognition standard of asset impairment loss this time
1. Accounts receivable (accounts receivable, other accounts receivable, notes receivable, contract assets)
The company assesses the expected credit loss of receivables based on individual and combination. If there is objective evidence indicating that the credit impairment of receivables has occurred, the company shall determine the expected credit loss of the receivables on the basis of individual assets. For the accounts receivable divided into portfolio, the company refers to the historical credit loss experience, combined with the current situation and the prediction of future economic conditions, and calculates the expected credit loss through the default risk exposure and the expected credit loss rate throughout the duration.
According to the characteristics of credit risk, the company divides accounts receivable, other accounts receivable and contract assets into several combinations, and calculates the expected credit loss on the basis of the combination.
Combination name combination content
Accounts receivable from customers, other accounts receivable, impairment provision matrix based on aging table
Quality guarantee deposit received from customers
2. Inventory
On the balance sheet date, inventories are measured at the lower of cost and net realizable value. When the net realizable value is lower than the cost, the inventory falling price reserves shall be withdrawn. Inventory falling price reserves are usually withdrawn according to the difference between the cost of a single inventory item and its net realizable value. For inventory with large quantity and low unit price, provision for inventory falling price shall be made according to inventory category; For the inventories related to the product series produced and sold in the same region, which have the same or similar end-use or purpose and are difficult to be measured separately from other items, the provision for the depreciation of inventories can be withdrawn in combination.
3. Fixed assets
For fixed assets, the company determines whether there is any sign of impairment on the balance sheet date. If there is any sign of impairment, the recoverable amount shall be estimated and the impairment test shall be conducted.
If the impairment test results show that the recoverable amount of the asset is lower than its book value, the impairment provision shall be withdrawn according to the difference and included in the impairment loss. The recoverable amount is the higher of the net amount of the fair value of the asset minus the disposal expenses and the present value of the expected future cash flow of the asset. Once the impairment loss of fixed assets is recognized, it will not be recovered in the future.
2、 Impact on the company of the current provision for asset impairment loss
From January to December 2021, a total of 87.5431 million yuan of asset impairment losses were withdrawn, reducing the total profit of the company from January to December 2021 by 87.5431 million yuan. The financial data of credit impairment losses and asset impairment losses were not audited, and the final accounting treatment was subject to the results confirmed by the annual audit.
3、 Explanation of the board of directors on the rationality of withdrawing asset impairment loss this time
The provision of asset impairment loss is in line with the accounting standards for business enterprises and relevant accounting policies of the company, with sufficient basis, reflecting the principle of accounting prudence and in line with the actual situation of the company. After the provision of asset impairment loss, it can more fairly reflect the assets and operating conditions of the company in 2021, and there is no damage to the interests of the company and shareholders.
It is hereby announced.
Naura Technology Group Co.Ltd(002371) board of directors
January 17, 2022
