PRC Accounting Standards definition
Examples of PRC Accounting Standards in a sentence
The key financial data of Datang Nuclear Company for the years ended 31 December 2021 and 2022 prepared in accordance with the PRC Accounting Standards for Business Enterprises are set out below: Loss before tax (3,632.09) (3,276.69) Loss after tax (3,632.09) (3,276.69) As at 31 December 2022, the audited total assets and net assets of Datang Nuclear Company were approximately RMB1,575.6299 million and RMB1,574.5268 million, respectively.
The following is a summary of unaudited financial information of Time Shipping for the year ended 31 December 2008 and 2009, and as at 31 December 2008 and 31 December 2009 and the unaudited financial information for the six-month period ended 30 June 2010 and as at 30 June 2010, prepared in accordance with the PRC Accounting Standards.
Clause 54 The financial statements of the Joint Venture Company shall be prepared in accordance with both PRC Accounting Standards and International Accounting Standards.
Under the PRC Accounting Standards, the audited profit (loss) before and after taxation of Beiyang Media for the two years ended 31 December 2011 and 2012, were as follows: The Company is of the view that the Capital Increase will (i) further develop the business of Group in Heibei; and (ii) generate higher returns to the Group in future, should Beiyang Media become more profitable in future.
According to the audited financial statement of Lianyungang Yixiang prepared in accordance with PRC Accounting Standards, Lianyungang Yixiang recorded a loss before and after taxation and extraordinary items of RMB962 for the period ended 31 December 2008 and had total assets of RMB13 million and net assets of RMB10 million as at 31 December 2008.
Under the PRC Accounting Standards, the audited net assets of BQTM was RMB418,511,346.26 as at 31 August 2013.
The following table contains certain financial information of SAGA which is prepared in accordance with the PRC Accounting Standards: For the 10 months For the year ended 31 For the year ended 31 Total assets 206,784.03 195,008.55 188,755.08 Net assets 107,805.26 101,885.57 98,048.35 Revenue 42,076.88 57,068.71 48,287.87 Net profit before tax 6,789.88 4,439.75 1,428.62 Net profit after tax 5,919.70 3,837.22 1,356.54 According to the valuation report prepared by Zhongshui Zhiyuan Assets Appraisal Co., Ltd.
Under the PRC Accounting Standards, the audited net assets of BQTM was RMB186,516,972.25 as at 31 December 2010.
The key financial data of Datang Nuclear Company for the years ended 31 December 2022 and 2023 prepared in accordance with the PRC Accounting Standards for Business Enterprises are set out below: Loss before tax (3,276.69) (3,223.52) Loss after tax (3,276.69) (3,223.52) As at 31 December 2023, the audited total assets and net assets of Datang Nuclear Company were approximately RMB2,192.9320 million and RMB2,191.6162 million, respectively.
The audited financial information of the Target Company for the three financial years ended 31 December 2023 prepared in accordance with the PRC Accounting Standards for Business Enterprises is set out below: Total assets 7,977 5,809 6,427 Net assets 3,337 3,256 3,248 Gearing ratio 58% 44% 49% Total operating revenue 8,612 5,825 5,943 As of 30 September 2024, the total assets of the Target Company amounted to RMB59,982,000, the owner’s equity amounted to RMB32,839,000, and the gearing ratio was 45%.