Stock code: 000018 ,200018 Stock ID : Sino Great Wall ,Sino B Announcement No. 2018-137
Sino Great Wall Co., Ltd.
The Third Quarterly Report 2018
October 2018
1 Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Companyhereby guarantees that there are no misstatement, misleading representation or important omissions in this reportand shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr.Chen Lue, Person in charge of the Company, Mr.Tang Xianyong, Chief financial officer and the Mr. Tang
Xianyong, the person in charge of the accounting department (the person in charge of the accounting )herebyconfirm the authenticity and completeness of the financial report enclosed in this Quarterly Report.
II. Basic information about the company
I.Main financial data and financial indexIndicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□ Yes √ No
As at the end of the reporting period | As at the end of last year | Changed (%)over end of prev. year | ||||
Gross assets(Yuan) | 10,995,887,423.35 | 11,667,845,186.30 | -5.76% | |||
Net assets attributable to the shareholders of the listed company(Yuan) | 2,085,798,371.28 | 2,151,482,467.52 | -3.05% | |||
Reporting period | Increase/decrease over the same period of last year(%) | Between beginning of the year to the end of the report period | Changed (%)over end of prev. year | |||
Operating income(Yuan) | 672,083,613.81 | -59.52% | 2,259,055,189.05 | -51.78% | ||
Net profit attributable to the shareholders of the listed company(Yuan) | -118,516,821.76 | -183.55% | 25,482,633.97 | -93.79% | ||
Net profit after deducting of non-recurring gain/loss attributable to the shareholders of listed company(Yuan) | -144,157,168.16 | -201.54% | -178,741,907.03 | -143.93% | ||
Cash flow generated by business operation, net(Yuan) | -- | -- | 1,287,313,317.95 | 263.90% | ||
Basic earning per share(Yuan/Share) | -0.0698 | -183.59% | 0.0150 | -93.75% | ||
Diluted gains per share(Yuan/Share) | -0.0698 | -183.59% | 0.0150 | -93.75% | ||
Weighted average income/asset ratio(%) | -5.52% | -12.61% | 1.20% | -20.29% |
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB yuan
Items | Amount (Year-beginning to the end of the report period.) | Notes |
Non-current asset disposal gain/loss(including the write-off part for which assets impairment provision is made) | -641,051.32 | |
Income from the exceeding part between investment cost of the Company paid for obtaining subsidiaries, associates and joint-ventures and recognizable net assets fair value attributable to the Company when acquiring the investment | 70,486,755.72 | Mainly due to the acquisition of Baden-Baden Hospital evaluation value-added |
Net amount of non-operating income and expense except the | 134,378,836.60 | Mainly due to the Land |
aforesaid items | compensation paid by Union Holdings | |
Total | 204,224,541.00 | -- |
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition inthe Explanatory Announcement No.1 on Information Disclosure for Companies Offering Their Securities to thePublic-Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the saidexplanatory announcement as a recurrent gain/loss item.
□ Applicable √Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recoveredand the Shares Held by Top Ten Common Shareholders
In shares
Total number of common shareholders at the period-end | 71,164 | Total preference shareholders with the voting power recovered at the end of the reporting period(if any) | 0 | |||||
Shares held by the top 10 shareholders | ||||||||
Shareholder name | Properties of shareholder | Share proportion % | Quantity | Amount of tradable shares with Conditional held | Pledging or freezing | |||
Status of the shares | Quantity | |||||||
Chen Lue | Domestic Natural person | 34.36% | 583,454,556 | 581,340,196 | freeze | 583,454,556 | ||
STYLE-SUCCESS LIMITED | Foreign legal person | 5.47% | 92,970,910 | |||||
Union Holdings Co., Ltd. | Domestic Non- State-owned legal person | 5.18% | 87,935,921 | |||||
He Feiyan | Domestic Natural person | 3.23% | 54,800,458 | 54,800,458 | freeze | 54,800,458 | ||
Jiutai Fund-Bank of Communications-Jiutai Huitong No.2 specific customer asset management | Other | 2.50% | 42,479,672 | 42,479,672 |
plan | ||||||
Rich Crown Investment Co., Ltd. | Foreign legal person | 1.37% | 23,235,313 | |||
Qinghai Heyi Industry Development Co.,Ltd/ | Domestic Non- State-owned legal person | 0.79% | 13,357,084 | Pledge | 13,357,000 | |
Huang Huaian | Domestic Natural person | 0.72% | 12,288,800 | |||
# Li Guanping | Domestic Natural person | 0.49% | 8,236,700 | |||
Zheng Qianghui | Domestic Natural person | 0.35% | 6,000,026 | |||
Shares held by the Top 10 Shareholders of Non-restricted shares | ||||||
Name of the shareholder | Quantity of unrestricted shares held at the end of the reporting period | Share type | ||||
Share type | Quantity | |||||
STYLE-SUCCESS LIMITED | 92,970,910 | Foreign shares placed in domestic exchange | 92,970,910 | |||
Union Holdings Co., Ltd. | 87,935,921 | RMB Common shares | 87,935,921 | |||
Rich Crown Investment Co., Ltd. | 23,235,313 | Foreign shares placed in domestic exchange | 23,235,313 | |||
Qinghai Heyi Industry Development Co.,Ltd/ | 13,357,084 | RMB Common shares | 13,357,084 | |||
Huang Huaian | 12,288,800 | RMB Common shares | 12,288,800 | |||
# Li Guanping | 8,236,700 | RMB Common shares | 8,236,700 | |||
Zheng Qianghui | 6,000,026 | RMB Common shares | 6,000,026 | |||
Chen Cheng | 6,000,000 | RMB Common shares | 6,000,000 | |||
Jiangxi Kangfu Real Estate Co., Ltd. | 5,700,000 | RMB Common shares | 5,700,000 | |||
Chen Lihong | 4,775,760 | Foreign shares placed in domestic exchange | 4,775,760 |
Explanation on associated relationship or concerted action of the above shareholders | The above shareholder Mr. Chen Lu and the shareholder Ms. He Feiyan are acting in concert; the shareholder “Union Holdings Co., Ltd.”and the shareholder “Rich Crown Investment Co., Ltd.”, whose controlling shareholder is “Union Development Group Co.,Ltd.”. whether the other shareholders have associated relations are unknown. |
Note to the top 10 common stockholders involved in margin financing & securities lending (If any) | Nil |
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have abuy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end ofthe report period
□ Applicable √Not applicable
III. Significant EventsI. Major changes of main accounting statement items and financial indicators in the reporting period, aswell as reasons for the changes
√ Applicable □ Not applicable
Items | This period/Year-end balance | Same period of the previous year/Year-beginning balance | Changes % | Remarks on the change |
Notes receivable | 447,177,239.41 | 288,201,562.88 | 55.16% | Mainly due to the increase of company bill collection. |
Fixed assets | 327,340,997.07 | 174,537,150.56 | 87.55% | Mainly due to the merger of Acura Kliniken Baden-Baden GmbH |
Construction in progress | 437,000.00 | 4,968,590.96 | -91.20% | Mainly due to installation of overseas equipment |
Other account payable | 1,395,803,754.30 | 537,070,684.98 | 159.89% | Mainly due to the increase in short-term capital borrowing. |
Non-current liability due in 1 year | 1,192,851,267.22 | 820,422,471.45 | 45.39% | Mainly due to the maturity of the loan in the coming year. |
Long-term Borrowing | 150,000,000.00 | 843,092,471.02 | -82.21% | Mainly due to the maturity of the loan in the coming year. |
Deferred tax liability | 51,894,878.61 | 26,088,961.71 | 98.92% | Mainly due to the merger of Acura Kliniken Baden-Baden GmbH |
Business income | 2,259,055,189.05 | 4,685,207,526.32 | -51.78% | Mainly for the national credit tightening, the tight capital led to the company's business contraction, the project progressed slowly. |
Business cost | 1,970,673,537.82 | 3,657,257,165.36 | -46.12% | Due to reduced operating income. |
Financial expenses | 400,405,629.14 | 132,272,854.08 | 202.71% | Due to the increased Long-term and short-term borrowing. |
Income tax expenses | 7,699,247.03 | 81,101,852.86 | -90.51% | Due to reduced profits. |
Net cash flow generated by operation activities | 1,287,313,317.95 | -785,444,322.16 | -263.90% | Mainly because the current payment is better. |
Net cash flow generated by investment activities | -351,491,732.24 | -606,720,595.95 | -42.07% | Mainly due to reduced investment. |
Net cash flow generated by financing activities | -1,424,770,406.23 | 1,616,558,862.59 | -188.14% | Mainly due to the repayment of loans in the current period. |
II. The progress of significant events and influence, as well as the analysis and explanation on resolvingproposal.
□ Applicable √ Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,directors, supervisors, senior executives or other related parties in the reporting period and commitmentsunfinished in implementation at the end of the reporting period
□ Applicable √ Not applicable
The company has no commitments completed in period and those without completed till lend of the period fromactual controller, shareholders, related parties, purchaser and companies.IV. Anticipation of Business Performance of 2018Alert of loss or significant change in net profit from the beginning of year to the end of next report period orcomparing with the same period of last year, and statement of causations.
□ Applicable √ Not applicable
V. Investment in securities
□ Applicable √ Not applicable
No securities investment in period.VI. Entrusted Financial Management
□ Applicable √ Not applicable
No securities investment in period.VII. Investment in derivatives
□ Applicable √Not applicable
There is no derivative investment during the report period.VIII. The registration form of acceptance of investigation, communication and interview in the reportperiod for future reference
□ Applicable √ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.IX. External guarantee get out of line
□ Applicable √Not applicable
The Company has no external guarantee get out of the line in the PeriodX. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable √Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed companyin Period
Legal representative :Chen Lue
Sino Great Wall Co., Ltd.October 31,2018