Securities code: 600146 securities abbreviation: * ST global Announcement No.: pro-2022-003 Shangying Global Co.Ltd(600146)
Annual performance forecast for 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company in 2021 is expected to be -42432990 yuan to -282886600 yuan.
It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will be -457186700 yuan to -304791200 yuan.
It is estimated that the main business income in 2021 will be 134945300 yuan.
It is estimated that in 2021, the operating income after deducting the business income irrelevant to the main business and the income without commercial substance will be 134945300 yuan.
It is estimated that the net assets at the end of 2021 will be 274352600 yuan to 411528900 yuan.
Up to now, the company has not hired an annual audit accountant.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the financial department, it is expected that the net profit attributable to the shareholders of the listed company in 2021 will continue to suffer losses compared with the same period of the previous year, and the net profit attributable to the shareholders of the listed company is expected to be -42432990 yuan to -282886600 yuan.
2. The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is expected to be -457186700 yuan to -304791200 yuan.
(III) this performance forecast has not been audited by a certified public accountant, and the certified public accountant has not issued a special explanation for the company’s performance forecast in this period.
(IV) basis: according to No. 6 “periodic report” in self regulatory guidelines No. 2 – business handling issued by Shanghai Stock Exchange on January 7, 2022, if the company’s shares are subject to delisting risk warning in 2021 due to losses before and after deduction, operating income less than 100 million yuan and negative net assets, if the above situation does not exist in the reporting period of 2021, While disclosing the performance forecast, it is necessary to submit the special statement on the elimination of pre audit issued by the annual audit accounting firm. The above statement will be issued after the company employs the annual audit accountant. 2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: – 411163900 yuan. Net profit attributable to shareholders of the listed company after deducting non recurring profits and losses: – 344283000 yuan.
(II) earnings per share: – 0.87 yuan.
3、 Main reasons for performance loss in advance in the current period
(I) main business impact
Due to the sudden outbreak and continuous impact of the global covid-19 epidemic in 2020, the global garment manufacturing industry and trade business have been greatly impacted, especially in the United States. The company’s main business is concentrated in the United States. Therefore, affected by the covid-19 epidemic, the operation of the company’s overseas subsidiaries almost stagnated in the first half of 2020 and began to recover gradually in the second half of 2020. In 2021, the company’s garment factory in central and North America further returned to normal and stable factory production, but the epidemic continued to affect the market demand in 2021, resulting in the company’s performance still being affected. At the same time, the company’s operating cost burden is still heavy, so the company’s operating profit loss is expected to be large this year.
(II) impact of asset impairment
The company accrues impairment in accordance with relevant accounting standards and based on the principle of prudence. At present, the relevant impairment test is still in progress, and the specific impairment amount is uncertain.
4、 Risk tips
1. There is a risk of deviation in the accuracy of the performance forecast. The performance forecast data is the preliminary accounting forecast data carried out by the company’s financial department in accordance with the accounting standards. It is not excluded that the annual audit accountant has different opinions on the company’s financial treatment, resulting in the difference between the company’s final audit data and the performance forecast data. At the same time, the performance forecast data properly takes into account the asset impairment of the company’s subordinate enterprises, but the estimation of asset impairment has not been issued by a professional evaluation organization, nor confirmed by the annual audit accountant and the company’s review procedures, so there is a risk of deviation from the estimation.
2. The risk that the company’s receivables cannot be recovered in full exists objectively. Please pay attention to the investment risk.
3. The company’s main business income in 2021 is expected to be 134945300 yuan. According to article 13.3.2 of the stock listing rules of Shanghai Stock Exchange (revised in December 2020), “business income unrelated to main business and income without commercial substance shall be deducted from operating income”, because the annual audit report in 2021 has not been disclosed, Assuming that after deducting the business income irrelevant to the main business and the income without commercial substance, the company’s operating income is less than 100 million yuan, the company’s shares may be subject to delisting risk warning.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Shangying Global Co.Ltd(600146) January 24, 2022