TigerResearch/tigerbot-earning-plugin huggingface dataset:
Debt transferred to assets||
 Convertible corporate bonds due within one year||
 Fixed assets under finance leases||
3. Net change in cash and cash equivalents:||
 Balance of cash at period end|783,677,929.06|892,251,071.59
 Less: Initial balance of cash|892,251,071.59|1,028,386,529.74
 Add: Ending balance of cash equivalents||
Less: Ending balance of cash equivalents||
 Net increase in cash and cash equivalents|-108,573,142.53|-136,135,458.15
(2) Composition of cash and cash equivalents
Item| Closing balance| Opening balance
 I. Cash|783,677,929.06|892,251,071.59
 Including: Cash in stock|149.81|3,192.76
 Bank savings can be used at any time|776,383,701.29|875,884,674.10
 Other monetary capital can be used at any time|7,294,077.96|16,363,204.73
 III. Balance of cash and cash equivalents at end of term|783,677,929.06|892,251,071.59
69. Assets with restricted ownership or use rights
Item| Closing book value| Reason
 Monetary capital|455,076,287.44| Various deposits
 Notes receivable|24,546,342.15| Bills endorsed or discounted but not yet due
 Fixed assets|44,751,777.53| Loan by pledge
 Account receivable|42,800,680.80| Loan by pledge
 Investment real estate|3,293,733,474.51| Loan by pledge
 Other non-current assets|316,929,580.18| Loan by pledge
 Equity pledge|200,000,000.00|100% stake in Fangda Property Development held by the Company
 Total|4,377,838,142.61|
70. Foreign currency monetary items
(1) Foreign currency monetary items
Item| Closing foreign currency balance| Exchange rate| Closing RMB balance
 Monetary capital|||131,582,817.19
 Including: USD|4,630,654.71|6.9646|32,250,658.62
 Euro|4,759,925.67|7.4229|35,332,452.26
 HK Dollar|48,771,987.61|0.8933|43,567,909.51
 INR|41,495,142.46|0.0842|3,493,891.00
 Vietnamese currency|34,291,301.00|0.0003|10,111.14
SGD|305,140.93|5.1831|1,581,575.95
 AUD|3,255,593.94|4.7138|15,346,218.71
 Account receivable|||24,384,303.64
 Including: USD|2,656,421.44|6.9646|18,500,912.76
 AUD|778,976.33|4.7138|3,671,938.63
 Vietnamese currency|7,500,000,000.00|0.0003|2,211,452.25
 Contract assets|||75,021,641.29
Including: USD|6,108,518.01|6.9646|42,543,384.54
 INR|127,824,310.65|0.0842|10,762,806.93
 Euro|2,443,952.94|7.4229|18,141,218.27
 SGD|35,888.30|5.1831|186,012.64
 AUD|718,787.16|4.7138|3,388,218.91
 Other receivables|||1,099,104.22
 Including: USD|100,523.98|6.9646|700,109.31
HK Dollar|417,090.09|0.8933|372,574.06
 AUD|5,605.00|4.7138|26,420.85
 Account payable|||11,869,247.80
 Including: USD|1,292,156.28|6.9646|8,999,351.63
 HK Dollar|39,477.89|0.8933|35,264.41
 SGD|10,393.70|5.1831|53,871.59
 INR|31,990,897.77|0.0842|2,693,633.59
AUD|18,483.30|4.7138|87,126.58
 Other payables|||411,422.71
 Including: USD|52,979.16|6.9646|368,978.66
 INR|424,450.00|0.0842|35,738.69
 Vietnamese currency|22,740,800.00|0.0003|6,705.36
(2) The note of overseas operating entities should include the main operation places, book keeping
currencies and selection basis. Where the book keeping currency is changed, the reason should also be explained.
71. Hedging
Hedging items and related tools, qualitative and quantitative information about hedging risks:
Type| Hedged item| Hedging tools| Hedged risk
 Cash flow hedging| Aluminum material purchase forward transaction| Aluminum futures contract| The price of raw materials has risen, leading to an increase in expected transaction procurement costs;
| Forward foreign exchange transaction| Forward foreign exchange contract| The depreciation of foreign currency leads to the decrease of actual collection
72. Government subsidy
(1) Government subsidy profiles
Type| Amount| Item| Amount accounted into the current gain/loss
 Major investment project prize from Industry and Trade Development Division of Dongguan Finance Bureau|1,452,381.50| Deferred earning|57,142.80
 Distributed PV power generation project subsidy sponsored by Dongguan Reform and Development Commission|318,750.29| Deferred earning|24,999.96
 Subsidized land transfer|166,101.95| Deferred earning|3,725.64
 Special subsidy for industrial transformation, upgrading and development|686,666.61| Deferred earning|80,000.04
 National Industry Revitalization and Technology Renovation Project fund|5,070,254.90| Deferred earning|307,728.60
 Enterprise informationization subsidy project of Shenzhen Small and Medium Enterprise Service Agency|324,000.00| Deferred earning|48,000.00
Railway transport screen door controlling system and information transmission technology|20,940.89| Deferred earning|18,904.32
 Energy saving and environmental protection metal curtain wall production technology transformation project|960,784.30| Deferred earning|26,143.80
 VAT rebated into revenue|3,784,292.90| Other gains|3,784,292.90
 Dongguan market development support subsidy|223,901.27| Other gains|223,901.27
 Reward of technology center|1,000,000.00| Other gains|1,000,000.00
 Employment subsidy|2,415,528.14| Other gains|2,415,528.14
 Childbearing subsidy|84,997.68| Other gains|84,997.68
Dongguan R&D subsidy|751,800.00| Other gains|751,800.00
 Hi-tech enterprise development subsidy|1,500,000.00| Other gains|1,500,000.00
 Subsidy for increasing production of key enterprises in Nanchang|200,000.00| Other gains|200,000.00
 Nanchang Intellectual Property Advantage Demonstration Enterprise Award|100,000.00| Other gains|100,000.00
 Hong Kong SAR epidemic subsidy|432,405.80| Other gains|432,405.80
 Subsidy for high-tech enterprises' doubling support plan project|200,000.00| Other gains|200,000.00
 Dongguan revenue increment award|68,672.57| Other gains|68,672.57
Special fund for the development of Shenzhen's independent innovation industry|311,600.00| Other gains|311,600.00
 Special subsidy for specialized and special new enterprises|200,000.00| Other gains|200,000.00
 Shenzhen City will reduce VAT subsidies for key groups|1,048,450.00| Other gains|1,048,450.00
 Discount subsidy|308,700.00| Financial expenses|308,700.00
 Others|725,662.34| Other gains|725,662.34
 Total|22,355,891.14||13,922,655.86
(2) Government subsidy refund
Note: The value-added tax is immediately refundable income, which is mainly attributed to the fact that Sun Corporation
Kechuangyuan Software belongs to a software company and enjoys the VAT rebate policy. Since the project will not form long- term assets, the Company will use it as a government subsidy related to income.
73. Leasing
(1) The Company as leasee
Item|2022
 Short term lease expenses with simplified treatment included in current profit and loss|29,463,492.40
 Lease expenses of low value assets with simplified treatment included in current profit and loss(except short-term lease)|166,869.77
 Interest expense on lease liabilities|1,188,864.62
 Total cash outflow related to leasing|40,801,108.35
(2) The Company is the leasor
Operating lease
A. Rental income
Item|2022
 Rental income|145,197,486.26
 Including: income related to variable lease payments not included in the measurement of lease receipts|224,362.02
B. Undiscounted lease receipts to be received in each of the five consecutive fiscal years after the balance sheet date, and the total undiscounted lease receipts to be received in the remaining years
Year| Amount
2022|143,507,004.38
2023|99,878,509.89
2024|82,828,241.30
2025|36,864,929.12
2026|37,649,426.06
 Total undiscounted lease receipts to be received after 2026|125,099,040.43
Including Within 1 year (inclusive)|31,908,446.55
1-2 years|18,384,979.57
2-3 years|12,835,912.30
 Over 3 years|61,969,702.01
VIII. Change to Consolidation Scope
1. Change to the consolidation scope for other reasons
Change in the consolidation scope due to other reasons (such as new subsidiaries and liquidation of subsidiaries) and the situations:
In the change of the scope of consolidation in the current period, a new subsidiary was established: Fangda Intelligent Manufacturing.
1. Interests in subsidiaries
Company| Place of business| Registered address| Business| Shareholding percentage|| Obtaining method
|||| Direct| Indirect|
 Fangda Jianke| Shenzhen| Shenzhen| Designing, manufacturing, and installation of curtain walls|98.66%|1.34%| Incorporati on
 Fangda Zhiyuan Technology| Shenzhen| Shenzhen| Production, processing and installation of subway screen doors||83.10%| Incorporati on
 Fangda Jiangxi New Material| Nanchang| Nanchang| Prodution and sales of new- type materialsm composite materials and production of curtain walls|75.00%|25.00%| Incorporati on
 Fangda Property| Shenzhen| Shenzhen| Real estate development and operation|99.00%|1.00%| Incorporati on
 Fangda New Energy| Shenzhen| Shenzhen| Design and construction of PV power plants|99.00%|1.00%| Incorporati on
Fangda Chengdu Technology| Chengdu| Chengdu| Trusted processing of building curtain wall materials||100.00%| Incorporati on
 Shihui International| Virgin Islands| Virgin Islands| Investment|100.00%|| Incorporati on
 Fangda Dongguan New Material| Dongguan| Dongguan| Installation and sales of building curtain walls||100.00%| Incorporati on
 Fangda Property Management| Shenzhen| Shenzhen| Property management||100.00%| Incorporati on
 Fangda Jiangxi Property Development| Nanchang| Nanchang| Real estate development and operation||100.00%| Incorporati on
 Fangda Luxin New Energy| Pingxiang| Pingxiang| Design and construction of PV power plants||100.00%| Incorporati on
 Fangda Xinjian New Energy| Nanchang| Nanchang| Design and construction of PV power plants||100.00%| Incorporati on
Fangda Dongguan New Energy| Dongguan| Dongguan| Design and construction of PV power plants||100.00%| Incorporati on
 Kechuangyuan| Shenzhen| Shenzhen| Software development||83.10%| Incorporati
 Software||||||on
 Fangda Zhiyuan Technology Hong Kong| Hong Kong| Hong Kong| Metro screen door||83.10%| Incorporati on
 Fangda Hongjun Investment| Shenzhen| Shenzhen| Investment|98.00%|2.00%| Incorporati on
 Fangda Australia| Australia| Australia| Designing, manufacturing, and installation of curtain walls||100.00%| Incorporati on
 Fangda Yunzhi| Shenzhen| Shenzhen| Technology development and sales; Invest in industry; Operation management of science and technology park||100.00%| Incorporati on
Chengda Curtain Wall Company| Chengdu| Chengdu| Building decoration and other construction industry||100.00%| Incorporati on
 Fangda Southeast Asia| Vietnam| Vietnam| Designing, manufacturing, and installation of curtain walls||100.00%| Incorporati on
 Fangda Shanghai Zhijian| Shanghai| Shanghai| Intelligent technology, new energy, automated technology|30.00%|70.00%| Incorporati on
 Fangda Shanghai Jianzhi| Shanghai| Shanghai| Construction technology, intelligent technology, automation technology, design, production and installation of building curtain walls||100.00%| Incorporati on
 Zhongrong Litai| Shenzhen| Shenzhen| Business service||55.00%| Purchase
 Fangda Investment| Shenzhen| Shenzhen| Project investment and investment consultancy|99.00%|0.52%| Incorporati on
 Fangda Lifu Investment| Shenzhen| Shenzhen| Project investment and investment consultancy||52.00%| Incorporati on
Fangda Xunfu Investment| Shenzhen| Shenzhen| Project investment and investment consultancy||100.00%| Incorporati on
 Fangda Jianke Hong Kong| Hong Kong| Hong Kong| Design, sale and installation of building curtain wall||100.00%| Incorporati on
 Yunzhu Technology| Shenzhen| Shenzhen| Inspection, technical service and consultation of building safety and building energy saving system||100.00%| Consolidat ion of entities under common control
 Fangda Yunzhu Testing| Shenzhen| Shenzhen| Inspection, technical service and consultation of building safety and building energy saving system||100.00%| Consolidat ion of entities under common control
 General Metro Technology Co., Ltd| Singapore| Singapore| Production, processing and installation of subway screen doors||83.10%| Incorporati on
 Fangda Zhiyuan Technology Wuhan| Wuhan| Wuhan| Production, processing and installation of subway screen doors||83.10%| Incorporati on
 Fangda Zhiyuan Technology Nanchang| Nanchang| Nanchang| Production, processing and installation of subway screen doors||83.10%| Incorporati on
Fangda Zhiyuan Technology Dongguan| Dongguan| Dongguan| Production, processing and installation of subway screen doors||83.10%| Incorporati on
 Fangda Intelligent Manufacturing| Ganzhou| Ganzhou| Prodution and sales of new- type materialsm composite materials and production of curtain walls|99.00%|1.00%| Incorporati on
1Fangda Intelligent Manufacturing Co., Ltd., the registered capital subscribed by the Company and Fangda Hongjun Investment Co., Ltd. is RMB10 million. As of December 31, 2022, the total paid-in registered capital of each party is RMB500 million.
(2) Major non wholly-owned subsidiaries
Company| Shareholding of minority shareholders| Profit and loss attributed to minority shareholders| Dividend to be distributed to minority shareholders| Interest balance of minority shareholders in the end of the period
 Zhongrong Litai|45.00%|-55,240.33||48,354,525.24
 Fangda Zhiyuan Technology|5.96%|3,334,493.05||20,868,106.25
Note: In May 2021l the Company's subsidiaries Fangda Construction Technology Co., Ltd. and Jiangxi Fangda New Material Co., Ltd. transfer 10.9375% of the equity of Fangda Zhiyuan Technology Co., Ltd. because the Company cannot unconditionally avoid performing its contractual obligations by delivering cash or other financial assets, the Company recognizes the contractual
obligations as financial liabilities, and accordingly does not recognize minority shareholders' equity.
(3) Financial highlights of major non wholly owned subsidiaries
Compa ny| Closing balance|||||| Opening balance|||||
| Curren t assets| Non- current assets| Total of assets| Curren t liabiliti es| Non- current liabiliti es| Total liabiliti es| Curren t assets| Non- current assets| Total of assets| Curren t liabiliti es| Non- current liabiliti es| Total liabiliti es
 Zhong rong Litai|208,737,205.21|371,747.97|209,108,953.18|101,349,268.59|305,184.09|101,654,452.68|207,592,402.32|455,315.59|208,047,717.91|100,106,531.59|363,929.52|100,470,461.11
 Fangd a Zhiyua n Techn ology|770,739,460.72|135,423,070.69|906,162,531.41|540,848,850.07|15,118,392.71|555,967,242.78|725,006,361.40|84,470,404.66|809,476,766.06|485,329,720.83|23,847,519.22|509,177,240.05
Company| Amount occurred in the current period|||| Occurred in previous period|||
| Turnover| Net profit| Total of misc.| Business operation| Turnover| Net profit| Total of misc.| Business operation
|||incomes|cash flows|||incomes|cash flows
 Zhongrong Litai|110,091.74|-122,756.30|-122,756.30|56,529.04|284,747.73|15,133.28|15,133.28|87,201.58
 Fangda Zhiyuan Technology|564,551,749.10|53,861,759.06|54,601,158.86|-14,231,720.29|534,310,567.88|78,123,193.66|77,400,836.63|28,889,669.10
2. Interests in joint ventures or associates
(1) Financial summary of insignificant joint ventures and associates
| Closing balance/amount occurred in this period| Opening balance/amount occurred in previous period
 Joint venture:||
 Total book value of investment|54,969,042.14|55,218,946.14
 Total shareholding||
 Net profit|-249,904.00|-683,431.81
--Total of misc. incomes|-249,904.00|-683,431.81
 Associate:||
 Total shareholding||
X. Risks of Financial Tools
The risks associated with the financial instruments of the Company arise from the various financial assets and liabilities recognized by the Company in the course of its operations, including credit risks, liquidity risks and market risks.
The management objectives and policies of various risks related to financial instruments are governed by the management of the Company. The operating management is responsible for daily risk management through functional departments (for example, the Company's credit management department reviews the Company's credit sales on a case-by-case basis). The internal audit department of the Company conducts daily supervision of the implementation of the Company's risk management policies and procedures, and reports relevant findings to the Company's audit committee in a timely manner.
The overall goal of the Company's risk management is to formulate risk management policies that minimize the risks associated with various financial instruments without excessively affecting the Company's competitiveness and resilience.
1. Credit risk
Credit risk is caused by the failure of one party of a financial instrument in performing its obligations, causing the risk of financial loss for the other party. The credit risk of the Company mainly comes from monetary capital, notes receivable, accounts receivable, other receivables, receivables financing, contract assets, etc. The credit risk of these financial assets comes from the default of the counterparties, and the maximum risk exposure is equal to the book amount of these instruments.
The Company's money and funds are mainly deposited in the commercial banks and other financial institutions. The Company believes that these commercial banks have higher reputation and asset status and have lower credit risk.
For notes receivable, accounts receivable, other receivables, receivables financing and contract assets, the Company sets relevant policies to control credit risk exposure. The Group set the credit line and term for debtors according to their financial status, external rating, and possibility of getting third-party guarantee, credit record and other factors. The Group regularly monitors debtors' credit record. For those with poor credit record, the Group will send written payment reminders, shorten or cancel credit term to lower the general credit risk.
(1) Significant increases in credit risk
The credit risk of the financial instrument has not increased significantly since the initial confirmation. In determining whether the credit risk has increased significantly since the initial recognition, the Company considers reasonable and evidenced information, including forward-looking information, that can be obtained without unnecessary additional costs or effort. The Company determines the relative risk of default risk of the financial instrument by comparing the risk of default of the financial instrument on the balance sheet date with the risk of default on the initial recognition date to assess the credit risk of the financial instrument from initial recognition.
When one or more of the following quantitative and qualitative criteria are triggered, the Company believes that the credit risk of financial instruments has increased significantly: the quantitative criteria are mainly the probability of default in the remaining life of the reporting date increased by more than a certain proportion compared with the initial recognition; the qualitative criteria are the major adverse changes in the operation or financial situation of the major debtors, the early warning of customer list, etc.
(2) Definition of assets where credit impairment has occurred
In order to determine whether or not credit impairment occurs, the standard adopted by our company is consistent with the credit risk management target for related financial instruments, and quantitative and qualitative indicators are considered.
Credit impairment in financial assets may be caused by a combination of multiple events, not necessarily by events that can be identified separately.
(3) Expected credit loss measurement
Depending on whether there is a significant increase in credit risk and whether a credit impairment has occurred, the Company prepares different assets for a 12-month or full expected credit loss. The key parameters of expected credit loss measurement include default probability, default loss rate and default risk exposure. Taking into account the quantitative analysis and forward-looking information of historical statistics (such as counterparty ratings, guaranty methods, collateral categories, repayment methods, etc.), the Company establishes the default probability, default loss rate and default risk exposure model.
The probability of default refers to the possibility that the debtor will not be able to fulfil its obligation to pay in the next 12 months or throughout the remaining period.
Breach Loss Rate means the extent of loss expected by the Company for breach risk exposure. Depending on the type of counterparty, the manner and priority of recourse, and the different collateral, the default loss rate is also different. The default loss rate is the percentage of the risk exposure loss at the time of the default, calculated on the basis of the next 12 months or the entire lifetime.
Exposure to default is the amount payable to the Company at the time of default in the next 12 months or throughout the remaining life. Prospective information credit risks significantly increased and expected credit losses were calculated. Through the analysis of historical data, the Company has identified the key economic indexes that affect the credit risk of each business type and the expected credit loss.
The largest credit risk facing the Group is the book value of each financial asset on the balance sheet. The Group makes no guarantee that may cause the Group credit risks.
Among the Group’s receivables, accounts receivable from top 5 customers account for 26.41% of the total accounts receivable (beginning of the period: 25.47%); among other receivables, other receivables from top 5 customers account for 72.10% of the total other receivables (beginning of the period: 69.41%).
2. Liquidity risk
Liquidity risk is the risk of capital shortage when the Group needs to pay cash or settled with other financial assets. The Company is responsible for the cash management of its subsidiaries, including short-term investments in cash surpluses and loans to meet projected cash requirements. The Company's policy is to regularly monitor short and long-term liquidity requirements and compliance with borrowing agreements to ensure adequate cash reserves and readily available securities.
As of December 31, 2022, the maturity of the Company's financial liabilities is as follows:
Item| December 31, 2022|||
| Less than 1 year| Within 1-3 years| Over 3 years| Total
 Short-term loans|131,823.85|||131,823.85
 Derivative|29.34|||29.34
financial liabilities||||
 Notes payable|73,489.02|||73,489.02
 Account payable|168,254.83|3,119.05|429.76|171,803.64
Employees' wage payable|6,715.09|-|-|6,715.09
 Other payables|7,228.45|1,099.12|3,014.97|11,342.54
 Non-current liabilities due in 1 year|8,377.86|||8,377.86
 Other current liabilities|4,813.32|||4,813.32
 Long-term loans||63,146.28|63,203.72|126,350.00
 Lease liabilities||681.92|8.83|690.75
 Long-term payable||19,764.02||19,764.02
Total liabilities|400,731.76|87,810.39|66,657.28|555,199.43
Item| December 31, 2021|||
| Less than 1 year| Within 1-3 years| Over 3 years| Total
 Short-term loans|128,747.44|||128,747.44
 Derivative financial liabilities|1.19|||1.19
 Notes payable|84,944.53|||84,944.53
 Account payable|132,966.88|870.87|474.60|134,312.35
 Employees' wage payable|6,907.10|||6,907.10
Other payables|6,998.63|1,707.20|3,984.48|12,690.31
 Non-current liabilities due in 1 year|7,841.86|||7,841.86
 Other current liabilities|4,809.84|||4,809.84
 Long-term loans||24,650.00|108,700.00|133,350.00
 Lease liabilities||1,886.82|28.39|1,915.21
 Long-term|||18,364.02|18,364.02
payable||||
Total liabilities|373,217.47|29,114.89|131,551.49|533,883.85
3. Market risk
(1) Credit risks
The exchange rate risk of the Company mainly comes from the assets and liabilities of the Company and its subsidiaries in foreign currency not denominated in its functional currency. Except for the use of Hong Kong dollars, United States dollars, Australian dollars, Vietnamese dong, euro, Indian rupees or Singapore currencies by its subsidiaries established in and outside the Hong Kong Special Administrative Region, other major businesses of the Company shall be denominated in Renminbi.
As of December 31, 2022, the Company's foreign currency financial assets and liabilities at the end of the period are listed in Chapter X, VII, item note 70 of consolidated financial statements and description of foreign currency monetary items.