2033seagames| What happened? The annual reports of 20 listed companies are "non-standard"!
According to Wind data, as of 19:00 on April 22nd, a total of 2622 listed companies in A-shares have disclosed their 2023 annual reports, and 20 listed companies have issued non-standard audit opinions in their annual reports. Among them, 1 audited institution issued an audit report unable to express its opinion, 2 were issued with qualified opinion audit report, and 17 were issued with emphasized items.2033seagamesThe audit report of unqualified opinion.
Judging from the current situation, the overall quality of annual reports of listed companies that have disclosed annual reports is higher.
20 companies were issued with non-standard audit opinions.
The audited institution of ST Haiyue issued an audit report that could not express its opinion. * ST Hanma and ST Zhongzhu audit reports issued by auditees with qualified opinions. Weifu Hi-Tech (rights protection), Sanqi Mutual Entertainment (rights protection), Metro Holdings, ST Tesco, * ST Jiawo, Meichen Ecology, ST Tongzhou, ST ink dragon, * ST Renle, * ST Tianshan (rights protection), Juli Culture (rights protection), * ST Jinshi, ST data sources, ST Shengda, Zhengyuan shares, Guorui Technology (rights protection), standard shares and other 17 listed companies issued unqualified audit reports with highlighted paragraphs.
According to the ST Haiyue audit report, in July 2023, the company paid 28661 of the purchase amount to overseas suppliers.2033seagamesIn the process of .57 million yuan, the payments were frozen by the Office of overseas Asset Control of the U.S. Treasury Department. As of the date of issuance of the audit report, the amount had not been recovered. The audit institution is unable to obtain sufficient and appropriate audit evidence to judge the recoverability of the above-mentioned funds and to determine whether the credit impairment loss of the company is sufficient.
The reporter combed and found that among the 20 listed companies with non-standard audit opinions, 12 were listed companies of * ST and ST that had been delisted and other risk warnings had been implemented by the exchange. Many listed companies with non-standard audit opinions are involved in large-scale litigation. In addition, the major uncertainty of continuous operation is the main reason for the issuance of non-standard audit opinions.
According to the audit report of ST Shengda, as of December 31, 2023, the balance of principal and interest of the company's interest-bearing liabilities was 298 million yuan, including 122 million yuan of overdue debt. In addition to the above-mentioned debts, the company's estimated liabilities arising from contingent matters totaled 236 million yuan, including 124 million yuan due to the judgment of Chengdu Agricultural Commercial Bank Litigation Court and 100 million yuan due to securities misrepresentation litigation. These events or circumstances indicate the existence of significant uncertainties that could lead to significant doubts about the company's ability to continue to operate. The matter does not affect the audit opinion that has been published.
It is worth mentioning that the 2022 annual reports of listed companies such as ST Continental, Juli Culture and ST data Source have also been issued by audit institutions with non-standard audit opinions. The risk points involved in some listed companies have not been eliminated, so they have been continuously issued non-standard audit opinions.
In terms of audit fees, the audit fees of 1236 listed companies are more than 1 million yuan in 2023, more than 3 million yuan in 2023, more than 10 million yuan in 43 listed companies, and more than 30 million yuan in 15 listed companies. the audit fees of Bank of China, Industrial and Commercial Bank of China, Construction Bank of China, Ping an of China and other companies exceed 100 million yuan.
The exchange sends frequent inquiry letters.
With the intensive disclosure of annual reports, many listed companies have received inquiries from the exchange. A reporter from the China Securities News combed and found that poor performance was the main reason for the annual report inquiry issued by the exchange.
According to the 2023 annual report inquiry letter disclosed by Cross-Border Communications (Rights Protection), the company achieved a total operating income of 6.616 billion yuan in 2023, down 8.8 percent from the same period last year, while the net profit belonging to shareholders of listed companies was-9.6882 million yuan, down 153.98 percent from the same period last year. From 2019 to 2023, the company's operating income continued to decline for five consecutive years, and the net profits belonging to shareholders of listed companies after deducting non-recurring gains and losses were negative.
In this regard, the Shenzhen Stock Exchange requires Cross-Border Communications to explain the specific reasons for the continuous decline in operating income in the past five years and the negative net profit after deduction, and to explain whether the company is facing greater operating risks and whether there is significant uncertainty in its sustainable operating capacity, as well as the measures to be taken by the company to improve its sustainable operating capacity.
There is a big difference between the annual report performance and the previous forecast performance, which is also one of the major reasons why listed companies are issued inquiry letters by the exchange.
According to the 2023 annual report inquiry letter disclosed by Jin Tongling on April 22, the company realized operating income of about 1.45 billion yuan in 2023, down 6.6% from the same period last year, and realized net profit belonging to shareholders of listed companies, which was-505.5107 million yuan, down 39.81% from the same period last year. Compared with the expected return net profit and deducted non-net profit in the company's performance forecast on January 27th, the loss increased and changed by more than 20%. The exchange requires the company to explain the reasons for the substantial increase in the actual performance in 2023 compared with the expected loss, the failure to accurately estimate the performance forecast, and the communication between the company and the accountant on the relevant accounting treatment from the date of disclosure of the performance forecast to the date of disclosure of the annual report. whether there is a major difference.
Due to the need to reply to more questions, some listed companies choose to postpone the reply to the annual report inquiry letter.
On the evening of April 19, * ST Jinyi (rights protection) disclosed the delayed reply to the inquiry letter of the 2023 annual report of the Shenzhen Stock Exchange, according to the announcement that the company received the "inquiry letter on the 2023 annual report of Beijing Jinyi Culture Development Co., Ltd." issued by the management of companies listed on the Shenzhen Stock Exchange on April 2, requiring the company to make a written explanation on the relevant issues, and submit the relevant explanatory materials to the Shenzhen Stock Exchange before April 19. At the same time, it is copied to the dispatched office. In view of the fact that some of the replies need to be further supplemented and improved, in order to ensure the accuracy and integrity of the reply, after applying to the Shenzhen Stock Exchange, the company is expected to complete the reply to the "inquiry letter" before April 26.