redingtonzerodreamsicle23|去年第四季度收入激增、向一家企业预付金额较高 海南高速收年报问询函
May 6thRedingtonzerodreamsicle23Shenzhen Stock Exchange to Hainan Expressway (000886Redingtonzerodreamsicle23.SZ, share price 4Redingtonzerodreamsicle23. 77 yuan, market value 4.717 billion yuan) issued an annual report inquiry letter, paying attention to the reasons for the changes in the company's revenue and net profit last year, and also asked Hainan Expressway to further explain the specific purposes of other receivables, advance payments, inventory and other financial departments at the end of the period.
In 2023, the operating income of Hainan Expressway and the net profit belonging to the shareholders of the parent company were 124 million yuan and 90.5068 million yuan respectively, down 26.60% and 63.82% respectively from the same period last year. Among them, in the fourth quarter of 2023, Hainan Expressway realized operating income of 63.4292 million yuan, accounting for 51.09% of the annual operating income. The inquiry letter requires Hainan Expressway to explain the reasons and rationality of focusing on revenue recognition in the fourth quarter.
A reporter from the Daily Economic News noted that, in fact, the relatively large proportion of revenue in the fourth quarter of last year was concerned when Hainan Expressway issued a performance forecast. At that time, Hainan Expressway said that the main influencing factor was the substantial growth in revenue from the hotel sector and the culture and travel sector in the fourth quarter.
In terms of profitability, last year, Hainan Expressway deducted non-net profit of 10.6211 million yuan, an increase of 5.13% over the same period last year, which is also its five consecutive years of deducting non-net profit as negative. The inquiry letter asks Hainan Expressway to introduce the specific measures to be taken to improve the profitability of the main industry and the ability of sustainable management.
In addition to the overall operation, the inquiry letter also requires Hainan Expressway to give further explanations on a number of financial subjects.
The reporter inquired that the consolidated balance sheet of Hainan Expressway in 2023 disclosed that the book balance of other receivables at the end of the period was 53.8505 million yuan. However, in the project notes to the consolidated financial statements, the book balances of land repurchase, current, deposit and margin at the end of the period are 38.6752 million yuan, 19.1042 million yuan and 16.6812 million yuan respectively, totaling 83.6712 million yuan. The inquiry letter requires Hainan Expressway to explain the reasons for the inconsistencies in the disclosure of the final book balances of the other accounts receivable mentioned above, and correct the relevant data in a timely manner.
On the other hand, among the top five defaulting parties of other receivables, Hainan Expressway's land repurchase compensation for unit 1 is 23.2048 million yuan, with an age of more than 5 years, which has also aroused the concern of the exchange. Hainan Expressway is required to provide additional information on the counterparty, the related relationship, and whether the relevant funds constitute financial assistance or the occupation of non-operating funds.
Picture sourceRedingtonzerodreamsicle23Screenshot of announcement
The advance payment has also aroused concern. The inquiry letter points out that the balance of the advance payment of Hainan Expressway in 2023 is 70.4143 million yuan, of which the advance payment for unit 1 is 63.4258 million yuan. The inquiry letter requires Hainan Expressway to explain the details of the advance payment to the unit, including the name of the object of the advance payment and its relationship with the company, the reason and nature of the formation of the relevant payment, and the subsequent recovery or settlement arrangement. whether the advance payment has a real transaction background and commercial substance, and whether it constitutes financial assistance or non-operating funds occupation.
The reporter also noted that Hainan Expressway confirmed that the investment income last year was 165 million yuan, of which the investment income in joint ventures and joint ventures reached 94.1939 million yuan, and the investment income confirmed by the reduction of shares in Haiqi Group was 57.7835 million yuan. The inquiry letter requires Hainan Expressway to explain in detail the specific situation of the above investment income, the calculation process of confirming the investment income, and whether the relevant accounting treatment is in compliance.
In addition, the book balance of inventory of Hainan Expressway at the end of 2023 was 709 million yuan, and the book balance of investment return of Jiaolongyuan project in long-term receivables was 30.5285 million yuan, all of which attracted the attention of the exchange.
Daily economic news
