Annual Report 2021

280 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2021 Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2021 截至二零二一年十二月三十一日止年度 Financial assets/liabilities Fair value as at Fair value hierarchy Valuation technique and key inputs 金融資產╱負債 於以下日期的公允值 公允值等級 估值法及主要輸入數據 31 December 2021 31 December 2020 二零二一年十二月三十一日 二零二零年十二月三十一日 Unlisted equity investments Equity instruments at FVTOCI: RMB57,911,000 Equity instruments at FVTOCI: RMB77,012,000 Level 3 Income approach Key unobservable inputs: (1) Long term revenue growth rates, taking into account of management’s experience and knowledge of market conditions of the specific industry; (2) Weighted average cost of capital (Note c) 非上市股權投資 按公允值計入其他全面 收益的權益工具： 人民幣 57,911,000 元 按公允值計入其他全面 收益的權益工具： 人民幣 77,012,000 元 第三級 收入法 主要不可觀察輸入數據： (1) 長期收入增長率，經考慮管理層的經驗 及對某行業市況的知識； (2) 加權平均資本成本（附註 c ） Note a: The higher the volatility of the foreign exchange rate, the higher the fair value. Note b: The higher the revenue growth rate, the higher the fair value. The higher the P/S multiples, the higher the fair value. Note c: The higher the long-term revenue growth rate, the higher the fair value; the higher the weighted average cost of capital, the lower the fair value. There is no transfer among level 1, 2 and 3 during the year. 36. FINANCIAL INSTRUMENTS (Continued) c. Fa i r v a l ue mea su r emen t s o f f i nanc i a l instruments (Continued) Fair value of the Group’s financial assets and financial liabilities that are measured at fair value on a recurring basis (Continued) 附註 a ： 匯率愈波動，公允值愈高。 附註 b ： 收入增長率愈高，公允值愈高。市銷 率倍數愈高，公允值愈高。 附註 c ： 長期收入增長率愈高，公允值愈高； 加權平均資本成本愈高，公允值愈低。 年內第一、二級與第三級之間並無轉移。 36. 金融工具（續） c. 金融工具的公允值計量（續） 按經常性基準以公允值計量的本集團 金融資產及金融負債的公允值（續）