宏信建设发展有限公司Horizon Construction Development Limited09930.HK
增值税加计抵减变动致其他收入大幅波动
Our VAT super-credit increased from nil in 2020 to RMB193.6 million in 2021, mainly because such subsidiaries filed applications for VAT input tax surplus deduction for previously accumulated VAT payables (including those incurred in 2020 and 2021) to, and the applications were accepted by, the relevant tax authorities in 2021.
Financial Information · 第 355 页
Our VAT super-credit decreased from RMB193.6 million in 2021 to RMB42.1 million mainly because we only recognized VAT input tax surplus deduction for VAT payables that arose in 2022, while in 2021, we recognized VAT input tax surplus deduction for previously accumulated VAT payables (including those incurred in 2020 and 2021).
Financial Information · 第 355 页
Our other income and gains decreased by 39.4% from RMB260.2 million for the year ended December 31, 2021 to RMB157.6 million for the year ended December 31, 2022, primarily due to a decrease in VAT super-credit of RMB151.5 million mainly because we only recognized VAT input tax surplus deduction for VAT payables that arose in 2022, while in 2021, we recognized VAT input tax surplus deduction for previously accumulated VAT payables.
We recorded other income and gains — net of RMB8.6 million for FY2020, RMB25.2 million for FY2021 and RMB28.9 million for FY2022.
Financial Information · 第 352 页
A majority of government grants received was non-recurring in nature.
Financial Information · 第 353 页
The increase was mainly attributable to the significant increase in government grants from RMB3.7 million for FY2020 to RMB22.8 million for FY2021, most of which were financial support from the PRC government.
怡俊集团控股有限公司Easy Smart Group Holdings Limited02442.HK
一次性政府补贴致其他收入波动
The government subsidies include subsidies of approximately HK$0.5 million, HK$2.7 million, HK$0.4 million and HK$0.7 million for the years ended 30 June 2020, 2021 and 2022 and the four months ended 31 October 2022, respectively, under the employment support schemes of the HK Government and the construction business support scheme of the Construction Industry Council.
Financial Information · 第 273 页
Our other income increased from approximately HK$0.5 million for the year ended 30 June 2020 to approximately HK$2.7 million for the year ended 30 June 2021, representing an increase of approximately HK$2.2 million or 463.0% mainly due to the one-off subsidies from the employment support schemes of the HK Government and the construction business support scheme of the Construction Industry Council.
Financial Information · 第 292 页
Our other income decreased from approximately HK$2.7 million for the year ended 30 June 2021 to approximately HK$0.5 million for the year ended 30 June 2022, representing a decrease of approximately HK$2.2 million mainly due to the decrease in the one-off subsidies from the employment support schemes of the HK Government and the construction business support scheme of the Construction Industry Council received during the year ended 30 June 2022 as compared to the year ended 30 June 2021.
中天建设（湖南）集团有限公司Zhongtian Construction (Hunan) Group Limited02433.HK
FY2020出售投资物业一次性收益约570万元
The other income and gains in FY2020 substantially increased by approximately RMB3.3 million or 101.4% compared to FY2019, which was mainly attributable to the gain on disposal of our interests in Ningbo Properties of approximately RMB5.7 million in FY2020.
Financial Information · 第 418 页
Rental income represents the properties owned by us before the transfer upon the Demerger on 2 July 2019 rented to our related companies and Independent Third Parties. No such rental income was recognised after the Demerger.
Other income increased by 842.2% from RMB4.4 million for the year ended December 31, 2021 to RMB41.7 million for the year ended December 31, 2022.
Financial Information · 第 358 页
The increase was mainly due to our receipt of tax subsidies related to COVID-19 and value-added additional tax deductions in 2022, which are one-off in nature.
Financial Information · 第 358 页
We may also no longer be able to benefit from value-added tax additional deductions, which amounted to RMB30.4 million in 2022, if the value-added tax deduction policy providing for such deductions is not extended in the future.
洲际船务集团控股有限公司Seacon Shipping Group Holdings Limited02409.HK
2022年前九个月出售船舶收益等一次性项目
This was mainly due to our increased profitability during the nine months ended September 30, 2022 primarily owing to the combined effect of (i) recognition of net gains on disposal of property, plant and equipment of approximately USD5.4 million for the nine months ended September 30, 2022 arising from the disposal of one of our controlled vessels SEACON BRAZIL, and (ii) an increase in our share of net profit of associates and joint ventures for the nine months ended September 30, 2022 owing to the acquisition of associates in the second half of 2021 and the sale of XINYIHAI 55 in August 2022.
Summary · 第 8 页
Our other income increased from approximately USD32,000 for the nine months ended September 30, 2021 to approximately USD2.1 million for the nine months ended September 30, 2022, representing an increase of approximately 6,521.9% primarily due to (i) contract compensation of approximately USD2.0 million paid to us arising from a customer terminating a charterparty contract prior to the intended vessel delivery date, and (ii) the increase of one-off government subsidies granted to our subsidiary Seacon Ships Ningbo for business support.
Financial Information · 第 446 页
This increase in other gains was largely due to the recognition net gains on disposal of property, plant and equipment of approximately USD5.4 million for the nine months ended September 30, 2022 arising from the disposal of SEACON BRAZIL one of our controlled vessels during the nine months ended September 30, 2022.
Our other income increased by 233.7% to RMB237.6 million in 2021 from RMB71.2 million in 2020, primarily due to (i) an increase of RMB87.7 million in VAT refund as we became qualified to enjoy the tax benefit of VAT refund since July 2020, while our taxable income, which is the calculation basis for the refund, achieved a significant increase in 2021 compared with 2020, and (ii) an increase of RMB54.5 million attributable to our gain on software copyright transfer, primarily in relation to the sale of software to certain related party companies.
Financial Information · 第 387 页
Our other income increased by 3.2% to RMB143.3 million for the ten months ended October 31, 2022, from RMB138.9 million for the ten months ended October 31, 2021, primarily due to (i) an increase of RMB23.4 million in gain on software copyright transfer as we sold the copyright of our software to our related parties and a customer* in the ten months ended October 31, 2022; and (ii) an increase of RMB4.9 million in other government grants, which primarily represented increased fiscal support we obtained.
Financial Information · 第 385 页
The markup was 40% for software development and 10% for the software module copyright transfer.
In 2019, 2020, 2021 and the nine months ended September 30, 2021 and 2022, the total amount of government grants related to digital freight business we recognized amounted to RMB916.0 million, RMB1,192.5 million, RMB1,771.8 million, RMB1,312.4 million and RMB1,285.7 million, respectively, accounting for approximately 3.9%, 4.3%, 4.7%, 4.6% and 4.7% of our Online GTV in the corresponding years, respectively.
Financial Information · 第 361 页
During the Track Record Period, if we had not received government grants, and assuming we did not increase our shipping fees charged to shippers notwithstanding the absence of such government grants and our continued difficulties in claiming VAT deductions, we would have incurred gross loss.
Financial Information · 第 367 页
We believe the improvement in our profitability during the Track Record Period was attributable to (1) the increase in the amount of government grants we received during the Track Record Period, and (2) our ability in effectively leveraging on economy of scale, enhancing profitability through enriched portfolio of service offerings, and improving our operational efficiency, as we grew in size and became more mature in our digital freight business.