[Century Wind Power] Explanation of Discrepancy between Reported and Audited Related-Party Transactions for Q1 115
Key facts
- [Century Wind Power] Explanation of Discrepancy between Reported and Audited Related-Party Transactions for Q1 115
- Century Wind Power explained the discrepancy between reported and audited figures for Q1 115 related-party transactions. The difference in accounts payable was due to net reporting and reclassification, while the difference in asset acquisition was due to steel purchases being classified as construction-in-progress.
- Source: PR Times
- Date: May 27, 2026
Direct answer
Century Wind Power explained the discrepancy between reported and audited figures for Q1 115 related-party transactions. The difference in accounts payable was due to net reporting and reclassification, while the difference in asset acquisition was due to steel purchases being classified as construction-in-progress.
- Citation
- [Century Wind Power] Explanation of Discrepancy between Reported and Audited Related-Party Transactions for Q1 115 (May 27, 2026), PR Times
- Source
- PR Times
- Date
- May 27, 2026
Century Wind Power explained the discrepancy between reported and audited figures for Q1 115 related-party transactions. The difference in accounts payable was due to net reporting and reclassification, while the difference in asset acquisition was due to steel purchases being classified as construction-in-progress.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:55 (82h 54m after Collected)
2. Company name: Century Offshore Wind Power Equipment Co., Ltd.
3. Relationship: The Company
4. Mutual shareholding: N/A
5. Reason: Accounts payable reported at 1,088,682k TWD vs audited 740,782k TWD (diff 347,900k TWD), due to net reporting (195,837k TWD) and reclassification (152,063k TWD). Asset acquisition reported at 162,387k TWD vs audited 12,500k TWD (diff 149,887k TWD), due to steel purchases (143,276k TWD) classified as construction-in-progress.
6. Measures: Reported the reason on the Market Observation Post System and issued a major announcement.
FAQ
Why is there a discrepancy in Century Wind Power's transactions?
Mainly due to accounting reclassifications and net reporting.
What are the key facts in this article?
Century Wind Power explained the discrepancy between reported and audited figures for Q1 115 related-party transactions. The difference in accounts payable was due to net reporting and reclassification, while the difference in asset acquisition was due to steel purchases being classified as construction-in-progress.
What is the direct answer?
Century Wind Power explained the discrepancy between reported and audited figures for Q1 115 related-party transactions. The difference in accounts payable was due to net reporting and reclassification, while the difference in asset acquisition was due to steel purchases being classified as construction-in-progress.