深圳市深宝实业股份有限公司 2013 半年度报告全文
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD
SEMI-ANNUAL REPORT 2013
August 2013
深圳市深宝实业股份有限公司 2013 半年度报告全文
Section I. Important Notice, Contents and Paraphrase
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Shenzhen Shenbao Industrial Co., Ltd. (hereinafter referred to as
the Company) hereby confirm that there are no any fictitious statements,
misleading statements, or important omissions carried in this report, and shall
take all responsibilities, individual and/or joint, for the reality, accuracy and
completion of the whole contents.
All directors are attended the Board Meeting for report deliberation.
The Company has no plans of cash dividend distributed, no bonus shares and
has no share converted from capital reserve either.
Chairman of the Company Mr. Zheng Yuxi, General Manager Mr. Yan Zesong,
Chief Financial Officer Ms. Wang Zhiping and Financial Management
Department Manager Mr. Xu Qiming hereby confirm that the Financial Report
of Semi-Annual Report 2013 is authentic, accurate and complete.
Securities Times, China Securities Journal, Hong Kong Commercial Daily and
Juchao Website (www.cninfo.com.cn) are the media appointed by the Company
for information disclosure, all information of the Company disclosed in the
above mentioned media should prevail. Investors are advised to exercise caution
of investment risks.
This report has been prepared in Chinese and English version respectively. In
the event of difference in interpretation between the two versions, Chinese
report shall prevail.
深圳市深宝实业股份有限公司 2013 半年度报告全文
Content
Section I Important Notice, Contents and Paraphrase .................................. 1
Section II Company Profile ............................................................................... 5
Section III Accounting data and summary of finnaical indexes .................... 7
Section IV Report of the Board of Directors ................................................... 9
Section V Important Events ............................................................................ 22
Section VI Changes in shares and particular about shareholders .............. 37
Section VII Directors, Supervisors and Senior Executives ......................... 37
Section VIII Financial Report ......................................................................... 38
Section IX Documents Available for Reference ......................................... 126
深圳市深宝实业股份有限公司 2013 半年度报告全文
Paraphrase
Items Refers to Definition
Shenshenbao/the Company/Listed
Refers to Shenzhen Shenbao Industrial Co., Ltd
Company
Shenzhen Shenbao Huacheng Science and Technology
Shenbao Huacheng Refers to
Co.,Ltd
Wuyuan Jufangyong Refers to Jufangyong Tea Industry Co., Ltd. in Wuyuan County
Hangzhou Ju Fang Yong Refers to Hangzhou Ju Fang Yong Holding Co., Ltd.
Shenbao Yuxing Refers to Fujian Mount Wuyi Shenbao Yuxing Tea Co., Ltd.
Shen Shenbao Huafa Refers to Zhejiang Shen Shenbao Huafa Tea Co., Ltd.
Technology Center Refers to Shenzhen Shenbao Technology Center Co., Ltd.
Huizhou Shenbao Science & Technology Refers to Huizhou Shenbao Science & Technology Co., Ltd.
Shenzhen Shenbao Sanjing Food & Beverage
Shenbao Sanjing Refers to
Development Co., Ltd
Shenbao Industrial & Trading Refers to Shenzhen Shenbao Industrial & Trading Co., Ltd.
Shenbao Properties Refers to Shenzhen Shenbao Properties Management Co., Ltd.
PepsiCo (China) Refers to PepsiCo Investment (China) Ltd.
Shenzhen PepsiCo Refers to Shenzhen PepsiCo Beverage Co., Ltd
Zhejiang Wafa Refers to Zhejiang Wafa Tea Co., Ltd.
Changzhou Sanjing Refers to Changzhou Sanjing Grease Co., Ltd
Agricultural Products Refers to Shenzhen Agricultural Products Co., Ltd
Shenzhen Investment Holding Refers to Shenzhen Investment Holding Co., Ltd
Tianzhong Investment Refers to Shenzhen Tianzhong Investment Co., Ltd.
Shenzhen Municipal People’s Government State-owned
Shenzhen SASAC Refers to
Assets Supervision & Administration Commission
CBC Refers to Shenzhen China Bicycle Company (Holdings) Limited
CSRC Refers to China Securities Regulation Commission
SSE Refers to Shenzhen Stock Exchange
Article of Association of Shenzhen Shenbao Industrial Co.,
Article of Association Refers to
Ltd
RMB/10 thousand Yuan Refers to CNY/ten thousand Yuan
深圳市深宝实业股份有限公司 2013 半年度报告全文
Section II Company profile
I. Company Profile
SHENSHENBAO-A, Code for
Short form for share 000019, 200019
SHENSHENBAO-B share
Listing stock exchange Shenzhen Stock Exchange
Chinese name of the Company 深圳市深宝实业股份有限公司
Abbr. of Chinese name of the Company(if
深宝
applicable)
English name of the Company(if
SHENZHEN SHENBAO INDUSTRIAL CO.,LTD
applicable)
Abbr. of English name of the Company(if
SBSY
applicable)
Legal Representative Zheng Yuxi
II. Contact person and ways
Secretary of the Board Rep. of securities affairs
Name Li Yiyan Zheng Guibo
23/F, Education Technology Mansion, No.26 Zizhu 23/F, Education Technology Mansion, No.26 Zizhu
Contact
Qi Dao, Zhuzilin Fourth Road, Futian District, Qi Dao, Zhuzilin Fourth Road, Futian District,
adds.
Shenzhen Shenzhen
Tel. 0755-82027522 0755-82027522
Fax. 0755-82027522 0755-82027522
E-mail lyy@sbsy.com.cn zhenggb@sbsy.com.cn
III. Others
1. Way of contact
Whether registrations address, offices address and codes as well as website and email of the
Company changed in reporting period or not
□ Applicable √ Not applicable
Registrations address, offices address and codes as well as website and email of the Company has
no change in reporting period, found more details in Annual Report 2012.
深圳市深宝实业股份有限公司 2013 半年度报告全文
2. Information disclosure and preparation place
Whether information disclosure and preparation place changed in reporting period or not
□ Applicable √ Not applicable
The newspaper appointed for information disclosure, website for semi-annual report publish
appointed by CSRC and preparation place for semi-annual report have no change in reporting
period, found more details in Annual Report 2012.
3. Registration changes of the Company
Whether registration has changed in reporting period or not
□ Applicable √ Not applicable
Date/place for registration of the Company, registration number for enterprise legal license, number
of taxation registration and organization code have no change in reporting period, found more
details in Annual Report 2012.
4. Other relevant information
Whether other relevant information has changed in reporting period or not
□ Applicable √ Not applicable
深圳市深宝实业股份有限公司 2013 半年度报告全文
Section III. Accounting data and summary of financial indexes
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting
policy changed and accounting error correction or not
□Yes √ No
Increase/decrease in this
Current period Same period of last year
report y-o-y (%)
Operating revenue (RMB) 229,743,390.32 114,026,690.16 101.48%
Net profit attributable to shareholders
-5,934,967.21 88,867,376.42 -106.68%
of the listed company(RMB)
Net profit attributable to shareholders
of the listed company after deducting -10,772,467.32 -18,638,342.71 42.2%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-11,847,579.84 3,259,065.52 -463.53%
activities(RMB)
Basic earnings per share
-0.0237 0.3542 -106.69%
(RMB/Share)
Diluted earnings per share
-0.0237 0.3542 -106.69%
(RMB/Share)
Weighted average ROE (%) -0.62% 9.51% -10.13%
Increase/decrease in this
End of current period End of last period report-end over that of
last period-end (%)
Total assets (RMB) 1,334,276,104.88 1,222,994,595.75 9.1%
Net assets attributable to shareholder
908,101,676.17 964,216,674.18 -5.82%
of listed company(RMB)
II. Difference of the accounting data under accounting rules in and out of China
1. Difference of the net profit and net assets attributable to shareholders of parent company
disclosed in financial report, under both IAS (International Accounting Standards) and
Chinese GAAP (Generally Accepted Accounting Principles)
Unit: RMB
深圳市深宝实业股份有限公司 2013 半年度报告全文
Net profit attributable to Net assets attributable to
shareholders of listed company shareholders of listed company
Amount in this Amount in last Amount at Amount at
period period period-end period-begin
Chinese GAAP -5,934,967.21 88,867,376.42 908,101,676.17 964,216,674.18
Items and amount adjusted by IAS
1. Adjustment for amortization of
1,016,958.04 1,016,958.04
equity investment differences
2. Adjustment for cost of transfer of
381,359.27 -762,718.54 -762,718.54
equity of Shenzhen Pepsi
3.Adjustment for other payable fund
1,067,000.00 1,067,000.00
of stock market regulation
IAS -5,934,967.21 89,248,735.69 909,422,915.67 965,537,913.68
III. Items and amounts of extraordinary profit (gains)/loss
In RMB
Item Amount Note
Gains/losses from the disposal of non-current asset (including the write-off that accrued
2,310.17
for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy
enjoyed in quota or ration according to national standards, which are closely relevant to 5,874,022.19
enterprise’s business)
Gains and losses from change of fair values of held-for-transaction financial assets and
financial liabilities except for the effective hedge business related to normal business of
6,688.65
the Company, and investment income from disposal of transactional financial assets and
liabilities and financial assets available for sale
Other non-operating income and expenditure except for the aforementioned items 253,966.23
Less: impact on income tax 1,299,487.13
Total 4,837,500.11 --
深圳市深宝实业股份有限公司 2013 半年度报告全文
Section IV. Report of the Board of Directors
I. Introduction
In reporting period, the Company rapid up the implementation of strategy promotion, formulated a
development strategy for vary business of the Company, well-defined the implementation scheme;
combine the development needs in business, adjusted organization structure of the Company, put
job responsibility in orders; established the tea deep-processing division and implemented the
operation style HQ plan; exercised optimization of performance management, activate construction
of information engineering of ERP system and e-business platform etc., improved informationalized
standards ; implemented brand development strategy, combing and integrated vary brands within
the Company, created a core value for the brand; centralized the resource, carried out transfer of the
10% equity of Shenzhen Pepsi, providing a fund support for the strategy implementation of the
Company.
During the reporting period, the Company expand main business actively, made solid progress in
the implementation of projects with fund raised. Firstly, accelerate the brand promotion and market
channel construction for ―Jufangyong‖ longjing tea and ―Xingjiu‖ rock tea, focous on the
development fundation for boutique tea business. Secondly, strenghthen the development of
marketing team and market pioneering efforts, maintain a stable in aspect of original clients and
marke quota for deep-processing business; meanwhile, steadily promote the comstruction of
comprehensive investment of tea industry chain, main construction and equipment installation and
debugging have completed, and through the QS certification. Thirdly, continues to enhance the
investment in scientific research, optimized and improved the research system and mechanism
innovation, product research and promotion gains a great progresses, and provide a strong support
for the sustainable development of every business of the Company.
In reporting period, the Company consolidated the work of safety production and food security,
which ensures no material safety production accidents and no major food quality security accidents
occurred in first half year; further to improved the construction of internal control system, upgrade
the internal control standards as a whole, promoted the capability in shielding against risks and risk
prevention.
II. Main business analysis
Introduction
Main business of the Company was tea industry. In the reporting period, the Company achieved
operating income of RMB 229.7434 million, a 101.48% up from a year earlier; operating profit
achieved RMB -7.5542 million, a 1283.13% down from a year ago; net profit attributable to
shareholders of listed companies was RMB -5.9349 million with 1597.15% down from a year
earlier.
Y-o-y changes of main financial data
In RMB
Same period of Y-o-y
Current period Reasons for changes
last year increase/decrease
深圳市深宝实业股份有限公司 2013 半年度报告全文
(%)
Operation Business of the subsidary increased last
229,743,390.32 114,026,690.16 101.48%
revenue year was showed in this period, and no
Operation cost 195,082,954.37 92,593,340.74 110.69% such presentation at same period of last
Sales expenses 16,359,699.07 6,539,865.06 150.15% yera
Mainly because current interest income
Financial increased, and payment of interest on
-112,173.57 381,706.23 -129.39%
expenses borrowings decreased than the same
period of last year.
Investment At same period of last year, there has
6,688.65 105,857,836.04 -99.99%
income equity interest from 15% equity of
Shenzhen Pepsi transfer, no such income
Operating profit (7,554,222.11) 89,376,111.45 -108.45%
in the Period
Non-operating Government subsidy obtained in the
6,133,709.15 772,170.63 694.35%
income Period increased
Mainly because current income tax
Income tax
