Welcome to the website of Dalian BingShan Group Co., Ltd.!

搜索历史清除全部记录

最多显示8条历史搜索记录噢~

All

All
Product Management
News and Information
Introduction Content
Enterprise outlets
Frequently Asked Questions
Corporate Video
Corporate Brochure

Iceberg Cold & Heat Technology Co., Ltd.

News Center

Enterprises are public instruments of society.

News Center

3. Company’s 2020 Annual Financial Settlement Report

2020 Document No. 3 for the Annual General Meeting

Regarding the Company’s 2020 Annual Financial Settlement Report

Dear Shareholders:

Audited by Shinewing Zhonghe Certified Public Accountants, the company’s asset position and the performance of its key financial and economic indicators for the year 2020 are as follows:

I. Company Asset Status

2020 At year-end, the company’s total assets amounted to RMB 568,157 million, an increase of 2.82% compared with the end of 2019. Specifically, current assets totaled RMB 250,163 million, up 12.81% from the end of 2019, primarily due to the impact of the new revenue recognition standard, under which completed but not yet accepted turnkey projects are classified as inventory; non-current assets stood at RMB 317,994 million, a decrease of 3.87% from the end of 2019.

Among non-current assets, fixed assets amounted to RMB 891.15 million, a decrease of 10.21% compared with the end of 2019, primarily due to the transfer of certain factory buildings leased by the subsidiary Wuxin Refrigeration into investment property during the period; long-term equity investments totaled RMB 1,597.24 million, down 3.91% from the end of 2019; construction in progress stood at RMB 34.25 million, a decline of 5.62% from the end of 2019; other non-current financial assets amounted to RMB 239.30 million, a reduction of 21.15% from the end of 2019, mainly attributable to the company’s reduction of its holdings in Guotai Junan by 2.8 million shares and the subsequent decline in Guotai Junan’s share price; investment property reached RMB 126.29 million, an increase of 31.28% from the end of 2019, largely due to the transfer of certain factory buildings leased by the subsidiary Wuxin Refrigeration into this category during the period; intangible assets totaled RMB 145.44 million, up 2.76% from the end of 2019; and other assets amounted to RMB 146.27 million, representing a 92.96% increase from the end of 2019, primarily driven by increases in long-term receivables and deferred income tax assets.

2020 At year-end, the company’s total liabilities amounted to RMB 223,236 million, an increase of 7.77% compared with year-end 2019. Specifically, current liabilities stood at RMB 191,368 million, up 9.63% from year-end 2019, primarily due to an increase in orders and a corresponding rise in advance receipts; non-current liabilities totaled RMB 31,868 million, down 2.18% from year-end 2019.

2020 At year-end, total shareholders’ equity amounted to RMB 34,492.1 million, a decrease of 0.14% compared with the end of 2019; equity attributable to parent company shareholders totaled RMB 33,756.1 million, down 0.12% from the end of 2019.

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

1 In 2020, operating revenue reached RMB 172,727 million, a decrease of 5.71% from RMB 183,185 million in the same period last year.

2 In 2020, the company recorded total profit of RMB 14.27 million, a year-on-year decrease of 78.61% from RMB 66.72 million in the same period last year. This decline was primarily attributable to the presence of substantial non-recurring gains in the prior-year period, coupled with significant non-recurring losses in the current reporting period, as well as a reduction in the profits of associated companies, which resulted in a corresponding decrease in the company’s investment income.

3 In 2020, net profit attributable to owners of the parent company amounted to RMB 21.34 million, a year-on-year decrease of 76.05% from RMB 89.11 million in the same period last year.

Please review the above report.

2021 May 14th, Year