IRICONEWEN-NEW：2020AnnualReport.pdf

1、ContentsResults Highlights2Chairmans Statement4Management Discussion and Analysis8Profiles of Directors,Supervisors and Senior Management20Report of the Board28Report of the Supervisory Committee51Environmental,Social and Governance Report52Corporate Governance Report70Independent Auditors Report90C

2、onsolidated Balance Sheet97Consolidated Income Statement102Consolidated Statement of Cash Flows105Consolidated Statement of Changes in Equity108Notes to the Financial Statements for 2020110Five-Year Financial Summary294Corporate Information2952IRICO GROUP NEW ENERGY COMPANY LIMITEDResults Highlights

3、1.Operating resultsUnit:RMB0000Item20202019 Operating revenue251,851224,511Including:Revenue from principal business248,860219,687Revenue from other businesses2,9914,824Gross profit from principal business56,13026,538Total profit(loss is represented by“-”)17,1327,616Net profit(net loss is represente

4、d by“-”)20,1627,409Including:Ne t profit attributable to the shareholders of the Company21,9669,314Minority interests-1,804-1,906Total comprehensive income(loss is represented by“-”)25,8657,568Including:To tal comprehensive income attributable to the shareholders of the Company27,6709,474To tal comp

5、rehensive income attributable to minority shareholders-1,804-1,906 32020 ANNUAL REPORTResults Highlights(Continued)2.Financial positionUnit:RMB0000Item31 December 202031 December 2019 Current assets200,739173,125Non-current assets297,646318,085Current liabilities282,181418,668Non-current liabilities

6、41,57743,635Equity attributable to the shareholders of the Company174,62818,798Minority interests10,109 3.Performance indicatorsName of indicators20202019 Gearing ratio64.96%94.12%Current ratio0.710.41Interest coverage ratio(times)5498Trade receivable turnover(days)3231 4IRICO GROUP NEW ENERGY COMPA