海天股份: 关于会计估计变更的公告

Core Viewpoint - The company is changing its accounting estimates regarding bad debt provisions for receivables related to renewable energy subsidies, which will enhance the accuracy and reasonableness of its financial reporting [1][2]. Summary by Sections Overview of Accounting Estimate Change - The company will adopt a future application method for the accounting estimate change, effective from April 1, 2025, without needing to restate previously disclosed financial reports [1][4]. - The change specifically addresses the provision for bad debts related to receivables from the national renewable energy price subsidy, now treated as a separate category with a 5% provision rate [1][4]. Reasons and Content of the Change - The change is driven by the need for a more accurate reflection of the company's financial status and operating results, given the distinct credit risk characteristics of receivables from renewable energy subsidies compared to other receivables [2][3]. - The government has emphasized the development of the solid waste treatment industry, leading to an expansion in the company's waste-to-energy business, which has different credit risk profiles [2]. Impact of the Change - The accounting estimate change is expected to reduce credit impairment losses by 2.79 million yuan and increase net profit by 2.16 million yuan for the first half of 2025 [4]. - The company cannot currently disclose the full-year impact for 2025 due to uncertainties regarding the year-end receivables balance and aging distribution [4]. Auditor's Opinion - The auditing firm has confirmed that the accounting estimate change is reasonable and complies with relevant accounting standards and regulations, ensuring it does not significantly impact the company's financial status [4][5]. Audit Committee Review - The audit committee has reviewed the change and agrees that it will provide a more timely and accurate reflection of the company's financial condition, affirming that it aligns with national accounting standards [5].