Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.
Iceberg Cold & Heat Technology Co., Ltd.

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3: Company’s 2017 Annual Financial Settlement Report

2017 Document No. 3 for the Annual General Meeting

 

About the Company 2017 Annual Financial Settlement Report

 

Dear Shareholders:

Audited by Shinewing Zhonghe Certified Public Accountants, 2017 The annual status of the company’s assets and the completion of its key financial and economic indicators are as follows:

I. Company Asset Status

2017 At year-end, the company’s total assets amounted to 561,962 ten thousand yuan, compared with 2016 Increase at year-end 10.28% , including: current assets 226,583 ten thousand yuan, compared with 2016 Increase at year-end 2.64% ; Non-current assets 335,379 ten thousand yuan, compared with 2016 Increase at year-end 16.11% 。

Among non-current assets, fixed assets amount to Eighty-nine thousand eighty-seven ten thousand yuan, compared with 2016 Increase at year-end 74.34% , primarily due to the capitalization of buildings in the new plant; long-term equity investments One hundred fifty-six thousand eight hundred twenty-six ten thousand yuan, compared with 2016 Increase at year-end 21.30% , primarily due to the company’s acquisition of the equity interest in Dalian Bingshan Metal Technology Co., Ltd. held by Dalian Bingshan Group Co., Ltd. 49% Equity; Construction in Progress 8,300 ten thousand yuan, compared with 2016 Decrease at year-end 74.20% , primarily due to the capitalization of buildings in the new plant; financial assets available for sale 51,578 ten thousand yuan, compared with 2016 Decrease at year-end 5.46% ; Investment property 10,386 ten thousand yuan, compared with 2016 Increase at year-end 263.02% , primarily because the company has leased the entire land and buildings of the old plant site to Dalian Bingshan Huigu Development Co., Ltd.; intangible assets 14,392 ten thousand yuan, compared with 2016 Decrease at year-end 6.97% ; Other assets 4,810 ten thousand yuan, compared with 2016 Increase at year-end 41.65% This was primarily due to increases in long-term deferred expenses and deferred income tax assets.

    2017 At year-end, the company’s total liabilities amounted to 212,481 ten thousand yuan, compared with 2016 Increase at year-end 23.16% , of which: current liabilities 179,304 ten thousand yuan, compared with 2016 Increase at year-end 23.16% , primarily due to an increase in short-term borrowings; non-current liabilities 33,177 ten thousand yuan, compared with 2016 Increase at year-end 13.20% 。

2017 At year-end, shareholders’ equity amounted to 349,481 ten thousand yuan, compared with 2016 Increase at year-end 3.68% ; Equity attributable to parent company shareholders is 341,653 ten thousand yuan, compared with 2016 Increase at year-end 3.50% 。

II. Status of Achievement of the Company’s Key Financial and Economic Indicators

1、2017 Year, achieve operating revenue 207,972 ten thousand yuan, compared with the same period last year 189,320 Ten-thousand-yuan increase 9.85% 。

2、2017 Year, total profit achieved 21,847 ten thousand yuan, compared with the same period last year 19,350 Ten-thousand-yuan increase 12.90% 。

3、2017 In the year, the net profit attributable to owners of the parent company amounted to Twenty thousand seventy-six ten thousand yuan, compared with the same period last year 18,223 Ten-thousand-yuan increase 10.17% 。

     Please review the above report.

 

                              2018 year 5 month 18 day

 

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