Stock code: 000058, 200058 Stock abbreviation: SHEN SEG , SHEN SEG B Notice No.: 2024-052
Shenzhen SEG Co., Ltd.The Third Quarterly Report for 2024
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate and complete,and there are no false records, misleading statements or material omissions.Important Notice:
1. The Board of Directors, the Board of Supervisors, Directors, Supervisors and senior management guarantee that the quarterlyreport is true, accurate and complete, without any false records, misleading statements or material omissions, and that they assumeindividual and joint legal responsibility.
2. The person in charge of the Company, head of accounting work and head of accounting institution (accounting officer in charge)declare that they guarantee the truthfulness, accuracy and completeness of the financial information in the quarterly report.
3. Whether the Third Quarterly Report has been audited
□ Yes ?No
I. Main Financial Data(I) Main accounting data and financial indicators
Whether the Company needs to perform retrospective adjustment or restatement of accounting data for the previous years
□ Yes ?No
| Current period | Changes over the same period of the previous year | Beginning of the year to end of the current period | Changes over the same period of the previous year | |
| Operating income (RMB) | 441,574,388.36 | -0.09% | 1,243,637,571.71 | -9.98% |
| Net profit attributable to shareholders of the listed company (RMB) | -12,803,265.02 | -636.00% | 38,126,457.05 | -72.91% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring profit and loss (RMB) | -11,396,664.68 | -718.12% | 41,364,068.32 | -37.85% |
| Net cash flow from operating activities (RMB) | —— | —— | 56,115,225.68 | -38.65% |
| Basic earnings per share (RMB/share) | -0.0104 | -647.37% | 0.0310 | -72.88% |
| Diluted earnings per share (RMB/share) | -0.0104 | -647.37% | 0.0310 | -72.88% |
| Weighted average ROE | -0.61% | -0.74% | 1.90% | -5.16% |
| End of the current period | End of the previous year | Changes over end of the previous year | ||
| Total assets (RMB) | 5,070,950,787.59 | 5,380,146,949.27 | -5.75% | |
| Owner's equity attributable to shareholders of the listed company (RMB) | 2,007,241,443.00 | 2,006,490,243.66 | 0.04% | |
(II) Non-recurring items and amounts
?Applicable □ Not applicable
Unit: RMB
| Item | Amount of the current period | Amount from beginning of the year to end of the current period | Description |
| Profits or losses from the disposal of non-current assets (including the write-off that accrued for impairment of assets) | -2,532.52 | -109,380.06 | |
| Governmental subsidies included in the current profits | 454,413.15 | 1,359,245.39 |
| and losses (the subsidies that are closely related to the Company's normal operating business, that conform to the national policies and are enjoyed in accordance with certain determined standards, excluding the subsidies that impose a sustained impact on the Company's profit or loss) | |||
| Profits/losses from assets entrusted to others for investment or management | 466,552.86 | 1,691,693.79 | |
| Trustee fee from entrusted operations | 36,056.90 | 105,063.40 | |
| Other non-operating income and expense except for the above items | -3,099,551.13 | -7,095,342.08 | |
| Other profit and loss items that qualify the definition of non-recurring profit and loss | -39,651.50 | 102,148.50 | |
| Less: Affected income tax | -12,015.39 | 325,381.78 | |
| Affected minority equity (after-tax) | -766,096.51 | -1,034,341.57 | |
| Total | -1,406,600.34 | -3,237,611.27 | -- |
Details of other profit and loss items that qualify the definition of non-recurring profit and loss:
?Applicable □ Not applicableFor investment income calculated through the equity method, the Company discloses the non-recurring profit and loss of HuakongSEG Co., Ltd. enjoyed based on shareholding as its non-recurring profit and loss.Descriptions that the Company defines any non-recurring profit and loss items listed in the No. 1 Explanatory Announcement onInformation Disclosure of Companies Offering Securities to the Public—Non-recurring Profit and Loss as recurring profit and lossitems during the reporting period?Applicable □ Not applicable
| Item | Amount (RMB) | Reason |
| Additional input VAT credits deduction and exemption | 508,691.94 | Comply with national policies and regulations and occur continuously |
| Handling fee refund for withholding individual income tax | 191,901.96 | Comply with national policies and regulations and occur continuously |
(III) Changes of main accounting data and financial indicators and reasons for the changes?Applicable □ Not applicable(I) Consolidated balance sheet
Unit: RMB
| Item | Closing balance | Opening balance | Difference | Changes over the period | Reason for the difference |
| Financial assets held for trading | 84,483,537.80 | 52,779,414.11 | 31,704,123.69 | 60.07% | Mainly owing to the Company’s purchase of wealth management products |
| Prepayments | 17,764,606.03 | 3,706,720.47 | 14,057,885.56 | 379.25% | Mainly owing to the Company's purchase of photovoltaic modules and other materials and hence the increase in prepayments compared with the beginning of the year |
| Contract assets | 7,573,030.78 | 13,174,295.92 | -5,601,265.14 | -42.52% | Mainly owing to the fact that some of the Company's EPC projects reached settlement conditions and were carried forward to contract assets |
| Non-current assets due within one year | - | 83,165,555.49 | -83,165,555.49 | -100.00% | Mainly owing to the withdrawal of large-denomination Certificate of Deposit |
| Long-term receivables | 2,090,488.75 | 5,610,026.78 | -3,519,538.03 | -62.74% | Mainly owing to the recovery of part of the lease deposit |
| Construction in process | 56,558,814.78 | 21,296,613.06 | 35,262,201.72 | 165.58% | Mainly owing to the Company's increased investment in the construction of distributed power stations |
| Other non-current assets | 981,794.75 | 1,832,754.30 | -850,959.55 | -46.43% | Mainly owing to the fact that the Company made investment in some distributed PV power stations before the start of construction, which were transferred from this account to the construction in progress after the start of the project |
| Short-term loans | 24,704,861.11 | 225,284,861.11 | -200,580,000.00 | -89.03% | Mainly owing to the Company's repayment of part of bank loans |
| Employee benefits payable | 94,262,236.24 | 143,535,971.66 | -49,273,735.42 | -34.33% | Mainly owing to the Company's payment of provisioned employee benefits in the current period |
| Dividends payable | 17,965,281.77 | 28,281,997.08 | -10,316,715.31 | -36.48% | Mainly owing to the fact that the affiliates of the Company paid part of dividends in the current period |
| Other current liabilities | 8,247,073.08 | 6,244,057.44 | 2,003,015.64 | 32.08% | Mainly owing to the increase in output tax pending carryforward |
(II) Consolidated income statement
Unit: RMB
| Item | Amount of the current period | Amount of the same period of the previous year | Difference | Changes over the same period of the previous year | Reason for the difference |
| Taxes and surcharges | 21,282,315.47 | 41,444,851.54 | -20,162,536.07 | -48.65% | Mainly owing to the Company's provision of land VAT in the same period of the previous year |
| Other income | 2,065,640.06 | 3,771,408.82 | -1,705,768.76 | -45.23% | Mainly owing to the decrease in government subsidy received in the current period |
| Investment income | -8,727,945.05 | 56,477,073.82 | -65,205,018.87 | -115.45% | Mainly owing to the Company's confirmation of the investment income arising from Huakong SEG's transfer of equity it held in its subsidiary based on the equity method in the same period of the |
| previous year; there was no such item in the current period | |||||
| Credit impairment loss | -1,412,504.51 | 453,088.93 | -1,865,593.44 | -411.75% | Mainly owing to the increase in Company's accounts receivable compared with the same period of the previous year |
| Asset impairment loss | -63,011,221.10 | - | -63,011,221.10 | / | Mainly owing to the fact that the Company made inventory impairment provision for some projects in the first three quarters of 2024 after performing an impairment test for inventories according to the Accounting Standards for Business Enterprises and other relevant regulations |
| Non-operating expense | 9,752,732.90 | 1,999,117.41 | 7,753,615.49 | 387.85% | Mainly owing to the year-on-year increase in non-operating expenses such as late fees |
(III) Consolidated cash flow statement
Unit: RMB
| Item | Amount of the current period | Amount of the same period of the previous year | Difference | Changes over the same period of the previous year | Reason for the difference |
| Net cash flows from operating activities | 56,115,225.68 | 91,466,033.14 | -35,350,807.46 | -38.65% | Mainly owing to the year-on-year decrease in the number of property management projects and hence the decrease in cash flow from operating activities |
| Net cash flows from investing activities | -29,172,189.38 | -18,676,435.42 | -10,495,753.96 | -56.20% | Mainly owing to the Company’s increased investment in the construction of distributed power stations |
| Net cash flows from financing activities | -330,676,879.46 | -88,648,326.36 | -242,028,553.10 | -273.02% | Mainly owing to the decrease in the Company's financing scale, the decrease in obtained bank loans, and the increase in the repayment of bank loans in the current period |
| Net increase in cash and cash equivalents | -303,733,843.16 | -15,858,728.64 | -287,875,114.52 | -1815.25% | Mainly owing to the decrease in net cash flows generated from operating activities, investing activities and financing activities in the current period |
II. Shareholder Information
(I) Total number of ordinary shareholders, number of preferred shareholders whose voting rights wereresumed and shareholdings of top 10 shareholders
Unit: Share
| Total number of ordinary shareholders at the end of the reporting period | 67,087 | Total number of preferred shareholders whose voting rights were resumed at the end of the reporting period (if any) | 0 | |||
| Shareholdings of top 10 shareholders (excluding shares lent through margin securities loan) | ||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage (%) | Number of shares | Number of restricted shares | Pledged, marked or frozen | |
| Share status | Number | |||||
| Shenzhen SEG Group Co., Ltd. | State-owned legal person | 56.54% | 696,163,182 | 0 | Not applicable | 0 |
| Hong Kong Securities Clearing Co., Ltd. | Foreign legal person | 1.13% | 13,891,564 | 0 | Not applicable | 0 |
| Liu Guocheng | Domestic natural person | 0.62% | 7,612,602 | 0 | Not applicable | 0 |
| LISHERYNZHANMING | Foreign natural person | 0.57% | 7,028,200 | 0 | Not applicable | 0 |
| Liu Guohong | Domestic natural person | 0.31% | 3,861,446 | 0 | Not applicable | 0 |
| China Merchants Bank — Southern Asset Management CSI Smallcap 1000 ETF | Others | 0.27% | 3,267,200 | 0 | Not applicable | 0 |
| Gong Qianhua | Foreign natural person | 0.24% | 2,940,000 | 0 | Not applicable | 0 |
| Lu Xiaowang | Domestic natural person | 0.19% | 2,292,100 | 0 | Not applicable | 0 |
| China International Capital Corporation Limited | State-owned legal person | 0.18% | 2,191,422 | 0 | Not applicable | 0 |
| Wang Jinjun | Domestic natural person | 0.17% | 2,100,000 | 0 | Not applicable | 0 |
| Shareholdings of top 10 shareholders (excluding shares lent through margin securities loan and lock-up shares of senior management) | ||||||
| Name of shareholder | Number of unrestricted shares | Type of shares and amount | ||||
| Type | Number | |||||
| Shenzhen SEG Group Co., Ltd. | 696,163,182 | RMB-denominated ordinary shares | 696,163,182 | |||
| Hong Kong Securities Clearing Co., Ltd. | 13,891,564 | RMB-denominated ordinary shares | 13,891,564 | |||
| Liu Guocheng | 7,612,602 | Domestic listed foreign shares | 7,612,602 | |||
| LISHERYNZHANMING | 7,028,200 | Domestic listed foreign shares | 7,028,200 | |||
| Liu Guohong | 3,861,446 | Domestic listed foreign shares | 3,861,446 | |||
| China Merchants Bank — Southern Asset Management CSI Smallcap 1000 ETF | 3,267,200 | RMB-denominated ordinary shares | 3,267,200 | |||
| Gong Qianhua | 2,940,000 | Domestic listed foreign shares | 2,940,000 | |||
| Lu Xiaowang | 2,292,100 | RMB-denominated ordinary shares | 2,292,100 | |||
| China International Capital Corporation Limited | 2,191,422 | RMB-denominated ordinary shares | 2,191,422 | |||
| Wang Jinjun | 2,100,000 | Domestic listed foreign shares | 2,100,000 | |||
| Description on the related relationship or persons acting-in-concert arrangements among the above shareholders | There is no related party relationship between SEG Group and other shareholders, nor are they persons acting in concert as stipulated in the Administrative Measures on Acquisition of Listed Companies. It is unknown to the Company whether other shareholders are related parties or persons acting in concert. | |||||
| Description on the top 10 shareholders’ participation in margin trading and securities lending business (if any) | None |
Participation of margin securities loan by shareholders holding more than 5% of total shares, top 10 shareholders, and top 10shareholders without selling restrictions
□ Applicable ?Not applicable
Changes of top 10 shareholders and top 10 shareholders without selling restrictions over the previous period due to the lending orreturn of shares lent through margin securities loan?Applicable □ Not applicable
Unit: Share
| Changes of top 10 shareholders and top 10 shareholders without selling restrictions over the previous period due to the lending or return of shares lent through margin securities loan | |||||
| Name of shareholder (full name) | New entry/withdrawal in the current period | Shares lent through margin securities loan and not yet returned at the end of the period | Number of shares held in shareholders’ general accounts and credit accounts and shares lent through margin securities loan and not yet returned at the end of the period | ||
| Total | Proportion to total share capital | Total | Proportion to total share capital | ||
| China Merchants Bank — Southern Asset Management CSI Smallcap 1000 ETF | New entry | 0 | 0.00% | 3,267,200 | 0.27% |
| China International Capital Corporation Limited | New entry | 0 | 0.00% | 2,191,422 | 0.18% |
(II) Total number of preferred shareholders and shareholdings of top 10 preferred shareholders
□ Applicable ?Not applicable
III. Other Significant Events
?Applicable □ Not applicable
| Overview | Date of disclosure | Query index of interim report disclosure website |
1. Semi-annual Performance
Forecast for 2024
| 1. Semi-annual Performance Forecast for 2024 | July 10, 2024 | The Semi-annual Performance Forecast for 2024 released on Juchao Website (http://www.cninfo.com.cn/) |
| 2. Litigations involving holding second-tier subsidiary | August 08, 2024 | The Notice on the Progress of Litigations Involving Holding Second-tier Subsidiaries as released on Juchao Website (http://www.cninfo.com.cn/) |
| 3. Continued engagement of the auditing agency in 2024 | August 28, 2024 | The Notice on Resolutions of the 11th Meeting of 8th BOD and the Announcement on the Continued Engagement of the Auditing Agency in 2024 released on Juchao Website (http://www.cninfo.com.cn/) |
| September 14, 2024 | The Notice on Resolution of the 3rd Interim General Meeting in 2024 released on Juchao Website (http://www.cninfo.com.cn/) | |
| 4. Purchase of liability insurance for directors, supervisors and | August 28, 2024 | The Notice on the Resolution of the 11th Meeting of the 8th Board of Directors released on Juchao Website (http://www.cninfo.com.cn/) |
| senior executives | September 14, 2024 | The Notice on Resolution of the 3rd Interim General Meeting in 2024 released on Juchao Website (http://www.cninfo.com.cn/) |
| 5. Abnormal fluctuations in stock trading | September 05, 2024 | The Notice on Abnormal Fluctuations in Stock Trading released on Juchao Website (http://www.cninfo.com.cn/) |
| September 13, 2024 | The Notice on Abnormal Fluctuations in Stock Trading released on Juchao Website (http://www.cninfo.com.cn/) | |
| 6. Guarantees involving holding subsidiaries | September 27, 2024 | The Notice on the Performance of Guarantee Responsibilities by Holding Subsidiary released on Juchao Website (http://www.cninfo.com.cn/) |
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated balance sheet
Prepared by: Shenzhen SEG Co., Ltd.
September 30, 2024
Unit: RMB
| Item | Closing balance | Opening balance |
| Current assets: | ||
| Monetary funds | 869,956,961.82 | 1,166,956,285.34 |
| Settlement reserve | ||
| Lending funds | ||
| Financial assets held for trading | 84,483,537.80 | 52,779,414.11 |
| Derivative financial assets | ||
| Notes receivable | 8,647,381.02 | 12,063,057.15 |
| Accounts receivable | 367,494,103.83 | 302,691,765.12 |
| Accounts receivable financing | 1,072,964.85 | 1,337,973.85 |
| Prepayments | 17,764,606.03 | 3,706,720.47 |
| Premiums receivable | ||
| Reinsurance premiums receivable | ||
| Reinsurance contract reserves receivable | ||
| Other receivables | 81,939,352.34 | 77,657,467.60 |
| Including: Interests receivable | ||
| Dividends receivable | ||
| Financial assets purchased under agreements to resell | ||
| Inventory | 1,571,608,671.00 | 1,606,158,355.62 |
| Including: Data resources | ||
| Contract assets | 7,573,030.78 | 13,174,295.92 |
| Assets held for sale | ||
| Non-current assets due within one year | 83,165,555.49 | |
| Other current assets | 78,632,435.28 | 61,400,766.70 |
| Total current assets | 3,089,173,044.75 | 3,381,091,657.37 |
| Non-current assets: | ||
| Loans and advances | ||
| Debt investments | ||
| Other debt investments |
| Long-term receivables | 2,090,488.75 | 5,610,026.78 |
| Long-term equity investments | 259,030,903.75 | 269,650,542.59 |
| Investment in other equity instruments | 27,659,179.54 | 28,084,268.75 |
| Other non-current financial assets | ||
| Investment properties | 882,988,645.79 | 926,114,596.02 |
| Property, plant and equipment | 360,500,772.00 | 345,919,556.12 |
| Construction in progress | 56,558,814.78 | 21,296,613.06 |
| Productive biological assets | ||
| Oil & gas assets | ||
| Right-of-use assets | 190,220,219.03 | 200,363,550.54 |
| Intangible assets | 19,626,174.79 | 20,954,525.45 |
| Including: Data resources | ||
| Development expenses | ||
| Including: Data resources | ||
| Goodwill | 68,855,697.76 | 68,855,697.76 |
| Long-term deferred expenses | 30,975,470.77 | 30,446,353.63 |
| Deferred tax assets | 82,289,581.13 | 79,926,806.90 |
| Other non-current assets | 981,794.75 | 1,832,754.30 |
| Total non-current assets | 1,981,777,742.84 | 1,999,055,291.90 |
| Total assets | 5,070,950,787.59 | 5,380,146,949.27 |
| Current liabilities: | ||
| Short-term loans | 24,704,861.11 | 225,284,861.11 |
| Borrowings from central bank | ||
| Placements from banks and other financial institutions | ||
| Financial liabilities held for trading | ||
| Derivative financial liabilities | ||
| Notes payable | ||
| Accounts payable | 444,534,052.65 | 451,943,075.48 |
| Prepayments | 130,878,838.11 | 146,671,712.58 |
| Contract liabilities | 22,229,861.85 | 28,930,290.52 |
| Financial assets sold under agreements to repurchase | ||
| Deposits from customers and interbank | ||
| Funds from securities trading agency | ||
| Funds from securities underwriting agency | ||
| Employee benefits payable | 94,262,236.24 | 143,535,971.66 |
| Taxes payable | 172,536,809.61 | 177,529,281.44 |
| Other payables | 863,719,784.70 | 857,784,084.40 |
| Including: Interests payable | ||
| Dividends payable | 17,965,281.77 | 28,281,997.08 |
| Service charges and commissions payable | ||
| Reinsurance premiums payable | ||
| Liabilities held for sale | ||
| Non-current liabilities due within one year | 110,506,908.29 | 107,940,591.09 |
| Other current liabilities | 8,247,073.08 | 6,244,057.44 |
| Total current liabilities | 1,871,620,425.64 | 2,145,863,925.72 |
| Non-current liabilities: | ||
| Insurance contract reserves | ||
| Long-term loans | 508,545,608.84 | 519,380,201.10 |
| Bonds payable | ||
| Including: Preference shares |
| Perpetual bonds | ||
| Lease liabilities | 154,000,598.37 | 161,296,418.84 |
| Long-term payables | 2,820,812.28 | 3,490,890.53 |
| Long-term employee benefits payable | ||
| Provision | 34,730,903.10 | 34,844,103.10 |
| Deferred income | 520,824.01 | 562,703.98 |
| Deferred tax liabilities | 9,666,075.08 | 9,973,820.93 |
| Other non-current liabilities | ||
| Total non-current liabilities | 710,284,821.68 | 729,548,138.48 |
| Total liabilities | 2,581,905,247.32 | 2,875,412,064.20 |
| Owner's equity: | ||
| Share capital | 1,231,200,672.00 | 1,231,200,672.00 |
| Other equity instruments | ||
| Including: Preference shares | ||
| Perpetual bonds | ||
| Capital reserve | 165,950,347.39 | 165,950,347.39 |
| Less: Treasury shares | ||
| Other comprehensive income | -4,735,538.71 | -4,424,250.62 |
| Special reserves | ||
| Surplus reserves | 194,165,563.17 | 194,165,563.17 |
| General risk reserves | ||
| Retained earnings | 420,660,399.15 | 419,597,911.72 |
| Total equity attributable to owners of the parent company | 2,007,241,443.00 | 2,006,490,243.66 |
| Equities of minority shareholders | 481,804,097.27 | 498,244,641.41 |
| Total owner's equity | 2,489,045,540.27 | 2,504,734,885.07 |
| Total liabilities and owners’ equity | 5,070,950,787.59 | 5,380,146,949.27 |
Legal representative: Zhang Liang Head of accounting work: Xiao Jun Head of accounting institution: Xu Zhongyang
2. Consolidated income statement from beginning of the year to end of the reporting period
Unit: RMB
| Item | Amount incurred in the current period | Amount incurred in the prior period |
| I. Total Operating Income | 1,243,637,571.71 | 1,381,458,062.21 |
| Including: Operating income | 1,243,637,571.71 | 1,381,458,062.21 |
| Interest income | ||
| Insurance premiums earned | ||
| Service charge and commission income | ||
| II. Total Operating Cost | 1,064,996,098.80 | 1,206,731,744.95 |
| Including: Operating cost | 932,432,209.66 | 1,048,547,609.95 |
| Interest expense | ||
| Service charge and commission expense | ||
| Surrender value | ||
| Net benefit payments | ||
| Net insurance liability reserves | ||
| Policy dividends | ||
| Reinsurance expenses | ||
| Taxes and surcharges | 21,282,315.47 | 41,444,851.54 |
| Selling expenses | 16,137,455.29 | 17,083,612.41 |
| Administrative expenses | 64,699,911.77 | 73,699,075.55 |
| R&D expenses | 8,866,770.04 | 7,872,260.89 |
| Finance expenses | 21,577,436.57 | 18,084,334.61 |
| Including: Interest fees | 23,790,126.57 | 22,826,979.17 |
| Interest income | 9,713,292.50 | 13,178,477.38 |
| Plus: Other income | 2,065,640.06 | 3,771,408.82 |
| Return on investment ("-" indicates loss) | -8,727,945.05 | 56,477,073.82 |
| Including: Return on investment in associates and joint ventures | -10,419,638.84 | 53,791,022.39 |
| Income from the derecognition of financial assets measured at amortized cost | ||
| Exchange gains ("-" indicates loss) | ||
| Gains from net exposure hedging ("-" indicates loss) | ||
| Gains from changes in fair value ("-" indicates loss) | ||
| Credit impairment losses ("-" indicates loss) | -1,412,504.51 | 453,088.93 |
| Asset impairment losses ("-" indicates loss) | -63,011,221.10 | |
| Gains from disposal of assets ("-" indicates loss) | ||
| III. Operating Profit ("-" indicates loss) | 107,555,442.31 | 235,427,888.83 |
| Plus: Non-operating income | 2,548,010.76 | 2,100,766.96 |
| Less: Non-operating expenses | 9,752,732.90 | 1,999,117.41 |
| IV. Total Profit ("-" indicates total loss) | 100,350,720.17 | 235,529,538.38 |
| Less: Income tax expense | 52,893,630.27 | 55,704,413.16 |
| V. Net Profit ("-" indicates net loss) | 47,457,089.90 | 179,825,125.22 |
| i. Classified by operation sustainability | ||
| 1. Net profit from continued operation ("-" indicates net loss) | 47,457,089.90 | 179,825,125.22 |
| 2. Net profit from discontinued operation ("-" indicates net loss) | ||
| ii. Classified by attribution of ownership | ||
| 1. Net profit attributable to shareholders of the parent company ("-" indicates net loss) | 38,126,457.05 | 140,757,825.46 |
| 2. Minority shareholders' profits and losses ("-" indicates net loss) | 9,330,632.85 | 39,067,299.76 |
| VI. Net Amount of Other Comprehensive Income after Tax | -321,326.52 | -26,852.22 |
| Total other comprehensive after-tax net income attributable to owners of the parent company | -311,288.09 | -17,878.21 |
| i. Other comprehensive income not able to be reclassified into profit or loss | -311,288.09 | -17,878.21 |
| 1. Changes of remeasurement of defined benefit plan | ||
| 2. Other comprehensive income |
| that cannot be transferred into profit or loss under equity method | ||
| 3. Changes in fair value of other debt investments | -311,288.09 | -17,878.21 |
| 4. Changes in fair value of credit risk of the enterprise | ||
| 5. Others | ||
| ii. Other comprehensive income reclassified into profit or loss | ||
| 1. Other comprehensive income to be transferred into profit or loss under equity method | ||
| 2. Changes in fair value of other debt investments | ||
| 3. Financial assets reclassified into other comprehensive income | ||
| 4. Credit loss provision of investment in other debt investments | ||
| 5. Reserve of cash flow hedge | ||
| 6. Converted difference in foreign currency financial statements | ||
| 7. Others | ||
| Total other comprehensive after-tax net income attributable to minority shareholders | -10,038.43 | -8,974.01 |
| VII. Total Comprehensive Income | 47,135,763.38 | 179,798,273.00 |
| (I) Total comprehensive income attributable to owners of the parent company | 37,815,168.96 | 140,739,947.25 |
| (II) Total comprehensive income attributable to minority shareholders | 9,320,594.42 | 39,058,325.75 |
| VIII. Earnings per Share: | ||
| i. Basic earnings per share | 0.0310 | 0.1143 |
| ii. Diluted earnings per share | 0.0310 | 0.1143 |
For business combinations of the current period under common control, the net profit realized by the combined party before thecombination was RMB0.00; the net profit realized by the combined party in last period was RMB0.00.Legal representative: Zhang Liang Head of accounting work: Xiao Jun Head of accounting institution: Xu Zhongyang
3. Consolidated cash flow statement from beginning of the year to end of the reporting period
Unit: RMB
| Item | Amount incurred in the current period | Amount incurred in the prior period |
| I. Cash Flows from Operating Activities: | ||
| Cash received from sale of goods or rendering of services | 1,259,562,650.27 | 1,373,755,422.38 |
| Net increase in deposits from customers, banks and non-bank financial institutions | ||
| Net increase in borrowings from central bank | ||
| Net increase in placements from other financial institutions | ||
| Cash received from premiums of direct insurance contracts | ||
| Net cash from reinsurance business |
| Net increase in policyholder deposits and investment funds | ||
| Cash received from interests, service charges and commissions | ||
| Net increase in placements from banks and other financial institutions | ||
| Net increase in repo service fund | ||
| Net cash from agent securities trading | ||
| Tax rebates | 419,112.13 | 1,195,824.19 |
| Cash received related to other operating activities | 165,613,301.18 | 180,041,727.39 |
| Subtotal of cash inflow from operating activities | 1,425,595,063.58 | 1,554,992,973.96 |
| Cash paid for goods purchased and services rendered | 477,070,457.45 | 549,641,919.99 |
| Net loans and advances to customers | ||
| Net increase in deposits with the central bank, banks and non-bank financial institutions | ||
| Cash paid for claims of direct insurance contracts | ||
| Net increase in placements with banks and non-bank financial institutions | ||
| Cash paid for interests, fees and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to and on behalf of employees | 496,501,038.88 | 520,892,032.87 |
| Tax payments | 139,761,459.46 | 145,439,775.98 |
| Cash paid related to other operating activities | 256,146,882.11 | 247,553,211.98 |
| Subtotal of cash outflow from operating activities | 1,369,479,837.90 | 1,463,526,940.82 |
| Net cash flows from operating activities | 56,115,225.68 | 91,466,033.14 |
| II. Cash Flows from Investing Activities: | ||
| Cash received from recovery of investment | 325,700,852.31 | 164,543,982.00 |
| Cash received from return on investments | 5,939,495.57 | 2,583,764.37 |
| Net cash received from the disposal of property, plant and equipment, intangible assets, and other long-lived assets | 3,138.00 | 2,342.00 |
| Net cash received from the disposal of subsidiaries and other business entities | ||
| Cash received related to other investing activities | ||
| Subtotal of cash inflow from investing activities | 331,643,485.88 | 167,130,088.37 |
| Cash paid for the acquisition and construction of property, plant and equipment, intangible assets, and other long-lived assets | 83,315,675.26 | 55,306,523.79 |
| Cash paid for investments | 277,500,000.00 | 130,500,000.00 |
| Net increase in pledged loans |
| Net cash paid for acquisition of subsidiaries and other business entities | ||
| Cash paid related to other investing activities | ||
| Subtotal of cash outflow from investing activities | 360,815,675.26 | 185,806,523.79 |
| Net cash flows from investing activities | -29,172,189.38 | -18,676,435.42 |
| III. Cash Flows from Financing Activities: | ||
| Cash received from capital contribution | ||
| Including: Proceeds received by subsidiaries from minority shareholders' investment | ||
| Cash received from borrowings | 49,439,380.66 | 148,231,372.68 |
| Cash received related to other financing activities | ||
| Subtotal of cash inflow from financing activities | 49,439,380.66 | 148,231,372.68 |
| Cash paid for repayments of borrowings | 262,115,114.38 | 151,123,960.60 |
| Cash paid for interest expenses and distribution of dividends or profits | 90,620,849.07 | 59,025,174.32 |
| Including: Dividend and profit paid by subsidiaries to minority shareholders | 33,929,179.86 | 24,702,873.14 |
| Cash paid related to other financing activities | 27,380,296.67 | 26,730,564.12 |
| Subtotal of cash outflow from financing activities | 380,116,260.12 | 236,879,699.04 |
| Net cash flows from financing activities | -330,676,879.46 | -88,648,326.36 |
| IV. Effect of Exchange Rate Changes on Cash and Cash Equivalents | ||
| V. Net Increase in Cash and Cash Equivalents | -303,733,843.16 | -15,858,728.64 |
| Plus: Opening balance of cash and cash equivalents | 1,159,389,480.62 | 987,118,254.44 |
| VI. Closing Balance of Cash and Cash Equivalents | 855,655,637.46 | 971,259,525.80 |
(II) Description on the adjustment of relevant items in the financial statements at thebeginning of the year for the first time adoption of the new accounting standards since2024
□ Applicable ?Not applicable
(III) Report auditing
Whether the Third Quarterly Report has been audited
□ Yes ?No
The Third Quarterly Report of the Company has not been audited.
Board of Directors of Shenzhen SEG Co., Ltd.
October 30, 2024