深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Shenzhen China Bicycle Company (Holdings) Limited
SEMI-ANNUAL REPORT 2016
August 2016
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Section I. Important Notice, Contents and Paraphrase
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Shenzhen China Bicycle Company (Holdings) Limited (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 plan of cash bonus, dividends and capitalizing of reserves
either.
Li Hai, Principal of the Company, Sun Longlong, person in charge of accounting
works and Zhong Xiaojin, person in charge of accounting organ (accounting
principal) hereby confirm that the Financial Report of 2016 Semi-Annual
Report is authentic, accurate and complete.
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Contents
Semi-Annual Report 2016 ................................................................................................................. 1
Section I Important Notice, Contents and Paraphrase ................................................................. 2
Section II Company Profile ............................................................................................................... 6
Section III Accounting data and summary of finnaical indexes .................................................. 9
Section IV Report of the Board of Directors ................................................................................ 11
Section V Important Events .......................................................................................................... 27
Section VI Changes in shares and particular about shareholders............................................... 31
Section VII Preferred Stock……………………...………………………………………………..34
Section VIII Particulars about Directors, Supervisors,Senior Executives and Employees ...... 35
Section IX Financial Report ............................................................................................................ 51
Section X Documents available for reference ................................................................................ 51
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Paraphrase
Items Refers to Contents
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Section II Company profile
I. Company information
Short form of the stock Zhonghua – A, Zhonghua -B Stock code 000017, 200017
Stock exchange for listing Shenzhen Stock Exchange
Name of the Company (in
深圳中华自行车(集团)股份有限公司
Chinese)
Short form of the Company
深中华
(in Chinese) (if applicable)
Foreign name of the
China Bicycle Company (Holdings) Limited
Company (if applicable)
Short form of foreign name
of the Company (if CBC
applicable)
Legal representative Li Hai
II. Person/Way to contact
Secretary of the Board Rep. of security affairs
Name Sun Longlong Cui Hongxia
Room 1201, Wantong Building, Room 1201, Wantong Building,
Contact add.
No.3002, Sungang East Road, Shenzhen No.3002, Sungang East Road, Shenzhen
Tel. 0755-25516998,28181666 0755-25516998,28181666
Fax. 0755-28181009 0755-28181009
E-mail dmc@szcbc.com dmc@szcbc.com
III. Other
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
Registration address, office address and code, the website and email of the Company have no changed in the Period, found more in
Annual Report 2015.
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
2. Information disclosure and preparation place
Whether information disclosure and preparation place changed in reporting period or not
□ Applicable √ Not applicable
Newspaper appointed for information disclosure, the website for annual report publish appointed by CSRC and the preparation place
for annual report under the name of the Company has no changed in the Period, found more in Annual Report 2015.
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 2015.
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
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) 65,774,013.33 76,536,800.68 -14.06%
Net profit attributable to shareholders of
448,356.29 416,172.86 7.73%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting 193,927.51 383,148.86 -49.39%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-4,748,614.78 -5,618,253.35 -15.48%
activities(RMB)
Basic earnings per share (RMB/Share) 0.0008 0.0008 0.00%
Diluted earnings per share (RMB/Share) 0.0008 0.0008 0.00%
Weighted average ROE 3.74% 3.44% 0.30%
Increase/decrease in this
End of current period End of last period report-end over that of
last period-end
Total assets (RMB) 58,478,529.08 45,869,094.97 27.49%
Net assets attributable to shareholder of
12,213,402.40 11,765,046.11 3.81%
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 disclosed in financial report, under both IAS (International
Accounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles)
□ Applicable √ Not applicable
The Company has no difference of the net profit and net assets disclosed in financial report, under both IAS (International
Accounting Standards) and Chinese GAAP (Generally Accepted Accounting Principles) in reporting period.
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
2. Difference of the net profit and net assets disclosed in financial report, under both foreign accounting
rules and Chinese GAAP (Generally Accepted Accounting Principles)
□ Applicable √ Not applicable
The Company has no difference of the net profit and net assets disclosed in financial report, under both foreign accounting rules and
Chinese GAAP (Generally Accepted Accounting Principles) in reporting period.
III. Items and amounts of extraordinary profit (gains)/loss
√ Applicable □ Not applicable
In RMB
Item Amount Note
Other non-operating income and expenditure except for the
340,580.82
aforementioned items
Less: Impact on income tax 85,145.21
Impact on minority shareholders’ equity (post-tax) 1,006.83
Total 254,428.78 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Section IV. Report of the Board of Directors
I. Introduction
In first half of 2016, the objective economic situation is grim in domestic, as a traditional manufacturing bicycle industry, the
industry continued with the difficulties in aspects of soaring human costs, manufacturing costs, capial costs and material costs. The
industry reshuffle intensified due to the violent competion, as a rsult of the low industry barriers and multiple manufacturer.
Accompanied development of the China’s social and economic, as well as the changes of life concepts, the awareness of green
commuting and leisure exercising are continuously thorough popular feeling, the bicycle industry has a chance of sturctural
develoment. In operation manageemnt, the Company focus on the follow works in first half of 2016: firstly, under the bad operation
enviornment in and out of China in traditional manufacturing industry, the Company safeguard current traditional business mode by
all manner of means, the overall business are stand stable; secondly, on base of the traditional mode, strive to develop the E-business
mode, combined actual condition of the Company, and use the success-failure experience of E-business for reference, principle with
the efficiency benefits, the Company designed and implemented the E-business transformation and the E-business development mind
of quotation implementation and external connection as well as the cost-controlling, improved the basic layout of E-business for
bicycles, and strengthen the AD presentation and sales of the Emmelle flagship store in the E-business flatform as T-mall, JD, Suning,
Gome, official website, official Weibo and listed mutual benefir alliance, proactive results are achived. The sustainable
development of the E-business are verified and implemented; thirdly, continued to put more efferts on the R&D, and promotion on
the high-end products, actively adop vary new technologies, closely tracks the frontier innovation technology and app exploitation on
super-capaction intelligent helmet, completed and extend the product lines; fourthly, enhanced supporting standards for the backup
dept. against the front desk business by means of strengthen the hack-stage management and OA; fively, the Company seriously to
cooperate with the custodian in aspect of re-oraganization while actively develop the business.
Under the weak background of traditional manufacturing industry in China, the Company rapid up the self professional
transformation, as well as the informatization rebuild and manufacturing miniaturization, strengthen the product mix adjustment and
quality management, enhance the cost management and controlling, trying to enhance the ability of new normal economy adaption
for traditional enterprise and the market competition. Through the efforts to carrying out the works, the Company achived revenue in
busines of RMB 65.774 million in first half of 2016, net profit of RMB 518,900, and the net profit attribuable to sharesholders of
listed company amounting to RMB 448,400.
II. Main business analysis
Y-o-y changes of main financial data
In RMB
Same period of last Y-o-y
Current period Reasons for changes
year increase/decrease
Operation revenue 65,774,013.33 76,536,800.68 -14.06% Sales drops
Operation cost 60,321,233.37 69,992,522.11 -13.82% Sales drops
Sales expenses 3,228,182.36 3,611,607.87 -10.62%
Administrative
2,348,640.07 2,555,069.40 -8.08%
expenses
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深圳中华自行车(集团)股份有限公司 2016 年半年度报告全文
Financial cost -544,525.55 -620,228.45 -12.21%
Income tax expense 195,895.21 239,892.79 -18.34%
Net cash flow arising
from operation -4,748,614.78 -5,618,253.35 -15.48%
activities
Net cash flow arising
Purchasing fixed assets
from investment -2,959,824.00 -222,222.22 1,231.92%
in the Period
activities
Net increase of cash Purchasing fixed assets
-7,708,438.78 -5,840,475.57 31.98%
and cash equivalent in the Period
Changes of the
Monetary fund 19,043,626.88 26,752,065.66 -28.81% settlement and
purchasing fixed assets
Changes of the
Note receivable 8,485,881.00
settlement
Subsidiary prepare
Advance payment 1,474,976.50 397,833.20 270.75%
goods for peak season
Subsidiary prepare
Inventory 10,555,721.77 4,057,247.68 160.17%
goods for peak season
Purchasing houses in
Fixed assets 3,886,309.13 1,007,906.43 285.58%
the Period
Account payable
increased due to the
Accounts payable 19,591,080.15 7,787,813.83 151.56%
subsidiary prepare
goods for peak season
Account received in
advance increased due
Received in advance 3,655,590.26 2,024,718.30 80.55% to the subsidiary
prepare goods for peak
season
The payable taxes are
Taxes payable 587,684.56 1,271,303.96 -53.77%
paid in the period
Business tax and
Business taxes and surcharge declined due
71,125.39 231,240.53 -69.24%
additional to the business tax
change to VAT
Major changes on profit composition or profit resources in reporting period
□ Applicable √ Not applicable
No major changes on profit composition or profit resources occurred in reporting period.
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深圳中华自
