Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
FOSHAN ELECTRICAL AND LIGHTING CO., LTD.
Report for the Third Quarter of 2014
October 2014
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Section I. Important Reminders
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior
management staff of Foshan Electrical and Lighting Co., Ltd. (hereinafter referred to as “the
Company”) warrant that this report is factual, accurate and complete without any false record,
misleading statement or material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Pan Jie, company principal & chief of the accounting work, and Yin Jianchun, chief of the
accounting organ (chief of accounting), hereby confirm that the Financial Statements enclosed in
this report are factual, accurate and complete.
This report is prepared in both Chinese and English. Should there be any discrepancy between the
two versions, the Chinese version shall prevail.
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Section II. Financial Highlights & Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
30 Sept. 2014 31 Dec. 2013 Increase/decrease (%)
Total assets (RMB Yuan) 3,700,216,486.44 3,373,781,552.85 9.68%
Net assets attributable to
shareholders of the Company 3,036,970,590.98 2,890,581,921.74 5.06%
(RMB Yuan)
YoY increase/decrease YoY increase/decrease
Jul.-Sept. 2014 Jan.-Sept. 2014
(%) (%)
Operating revenues (RMB Yuan) 813,054,868.99 18.86% 2,356,113,627.02 24.51%
Net profit attributable to
shareholders of the Company 111,798,106.18 27.04% 300,757,245.63 24.77%
(RMB Yuan)
Net profit attributable to
shareholders of the Company after
105,665,666.49 17.57% 274,889,893.12 16.21%
extraordinary gains and losses
(RMB Yuan)
Net cash flows from operating
-- -- 159,359,389.48 1,026.27%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) 0.114 26.67% 0.307 24.80%
Diluted EPS (RMB Yuan/share) 0.114 26.67% 0.307 24.80%
Weighted average ROE (%) 3.56% 0.44% 10.24% 1.51%
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Item Amount as of Jan.-Sept. 2014 Note
Gains/losses on the disposal of non-current assets (including the
1,610,330.57
offset part of asset impairment provisions)
Government grants recognized in the current period, except for
those acquired in the ordinary course of business or granted at
702,409.68
certain quotas or amounts according to the country’s unified
standards
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Gains and losses on change in fair value from tradable financial
assets and tradable financial liabilities, as well as investment
income from disposal of tradable financial assets and tradable
27,313,514.00
financial liabilities and financial assets available for sales, except
for effective hedging related with normal businesses of the
Company
Other non-operating income and expenses than the above 819,766.63
Less: Income tax effects 4,578,668.37
Total 25,867,352.51 --
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in
the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the
Public—Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said
explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
No such cases during the reporting period.
II. Total number of shareholders and shareholdings of the top ten shareholders at the
period-end
1. Total number of common shareholders and shareholdings of the top ten common shareholders at the
period-end
Unit: share
Total number of common
136,776
shareholders at the period-end
Shareholdings of the top ten common shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding Number of the
restricted shares
shareholder shareholder percentage (%) shares held Status of shares Number of shares
held
OSRAM Holding Foreign
13.47% 131,815,685 131,815,685
Company Limited corporation
Prosperity Lamps
Foreign
& Components 10.50% 102,751,648
corporation
Limited
Essence
International Foreign
1.85% 18,079,046
Securities (Hong corporation
Kong) Co., Ltd.
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
DBS VICKERS
(HONG KONG) Foreign
0.91% 8,914,235
LTD A/C corporation
CLIENTS
Foreign
Zhuang Jianyi 0.85% 8,324,132
individual
BOCHK
INVESTMENT
Foreign
FUNDS-BOCHK 0.80% 7,797,341
corporation
CHINA GOLDEN
DRAGON FUND
National Social
Security Fund Other 0.73% 7,174,973
Portfolio 116
China Construction
Bank Co.,
Ltd.—Huashang Other 0.47% 4,638,812
Prosperous Growth
Stock Fund
BBH A/C
VANGUARD
EMERGING Foreign
0.47% 4,592,770
MARKETS corporation
STOCK INDEX
FUND
EAST ASIA
SECURITIES Foreign
0.45% 4,402,288
COMPANY corporation
LIMITED
Shareholdings of the top ten non-restricted common shareholders
Number of non-restricted common shares held at the Type of shares
Name of shareholder
period-end Type Number
Prosperity Lamps & Components RMB ordinary
102,751,648 102,751,648
Limited share
Domestically
Essence International Securities
18,079,046 listed foreign 18,079,046
(Hong Kong) Co., Ltd.
share
Domestically
DBS VICKERS (HONG KONG)
8,914,235 listed foreign 8,914,235
LTD A/C CLIENTS
share
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Domestically
Zhuang Jianyi 8,324,132 listed foreign 8,324,132
share
BOCHK INVESTMENT Domestically
FUNDS-BOCHK CHINA GOLDEN 7,797,341 listed foreign 7,797,341
DRAGON FUND share
National Social Security Fund RMB ordinary
7,174,973 7,174,973
Portfolio 116 share
China Construction Bank Co.,
RMB ordinary
Ltd.—Huashang Prosperous Growth 4,638,812 4,638,812
share
Stock Fund
Domestically
BBH A/C VANGUARD EMERGING
4,592,770 listed foreign 4,592,770
MARKETS STOCK INDEX FUND
share
Domestically
EAST ASIA SECURITIES
4,402,288 listed foreign 4,402,288
COMPANY LIMITED
share
Domestically
Hou Chunhu 4,200,000 listed foreign 4,200,000
share
Among the top ten shareholders of the Company, Prosperity Lamps & Components Limited
Explanation on associated
and Zhuang Jianyi were related parties and acting-in-concert parties. Apart from that, it’s
relationship or persons acting in
unknown whether there was any associated relationship among other shareholders of the top
concert among the above-mentioned
ten shareholders, or whether there is any action-in-concert among them regarding to
shareholders
Administrative Measures on Acquisition of Listed Companies.
Top ten non-restricted common
shareholders taking part in margin
Naught
financing and securities lending (if
any)
Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company
carry out any agreed buy-back in the reporting period?
□ Yes √ No
No shareholder of the Company carried out any agreed buy-back in the reporting period.
2. Total number of preferred share holders and shareholdings of the top ten preferred share holders at the
period-end
□ Applicable √ Inapplicable
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Section III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting
period, as well as reasons for the changes
√ Applicable □ Inapplicable
30 Sept. 2014/ 31 Dec. 2013/ Increase/decreas
Financial statement item Main reason for the change
Jan.-Sept. 2014 Jan.-Sept. 2013 e (%)
Transactional financial 71,815,937.00 3,903,197.90 1739.93% Investments in financial products
assets increased.
Notes receivable 273,607,060.09 154,142,432.66 77.50% Trade acceptance bills increased.
Accounts receivable 541,387,003.89 390,216,735.62 38.74% Sales increased.
Prepayments 82,145,172.31 24,054,319.34 241.50% Prepayments for materials increased.
Other receivables 7,861,309.44 24,145,083.88 -67.44% Export rebates was received.
Construction in progress 111,942,198.07 75,044,472.56 49.17% Engineering projects increased.
Goodwill 6,603,743.83 - 100.00% Recognized goodwill of the newly
acquired subsidiary
Accounts payable 385,893,941.91 270,968,881.44 42.41% Paybles for materials increased.
Accounts received in 60,218,549.04 45,620,298.34 32.00% Advances from customers increased.
advance
Taxes and fares payable 53,564,598.74 19,571,121.78 173.69% Taxes payable increased.
Minority interests 49,426,472.14 34,805,128.86 42.01% A new subsidiary was acquired.
Selling expenses 104,362,640.48 72,488,662.73 43.97% The sales expanded.
Financial expenses -7,501,068.21 -6,011,050.17 -24.79% The interest received on bank deposits
increased.
Asset impairment loss 3,550,931.20 17,761,893.06 -80.01% Bad-debt provisions decreased.
Gains on fair value 1,379,081.46 -59,744.10 2408.31% The fair value of transactional financial
changes assets changed.
Gains on investment 22,398,896.01 -2,594,601.70 963.29% The bonus from Xiamen Bank was
received.
Non-business expenses 443,807.91 12,071,005.22 -96.32% Such expenses decreased.
Minority shareholders’ -688,427.48 781,166.10 -188.13% Losses on subsidiaries increased.
income
Other comprehensive 2,201,622.81 -4,603,393.15 147.83% The fair value of available-for-sale
incomes financial assets changed.
Net cash flows from 159,359,389.48 14,149,279.79 1026.27% The cash received from sale of goods and
operating activities rendering of services increased.
Net cash flows from -101,602,003.53 25,695,002.32 -495.42% The cash paid in external investment
investing activities increased.
Report for the Third Quarter of 2014 of Foshan Electrical and Lighting Co., Ltd.
Net cash flows from -151,583,685.10 -303,060,218.66 49.98% The cash paid as dividends, shares of
financing activities profit or interest decreased.
II. Progress and influence of significant events, as well as the analysis and explanation on
solutions
√ Applicable □ Inapplicable
Index to the relevant
Overview of the significant event Date of disclosure announcement disclosed on the
website
In Mar. 2013, CSRC Guangdong administered an
administrative punishment on the illegal information
disclosure of the Company. 515 plaintiffs separately sued the
Company to Guangzhou Intermediate People’s Court for false
securities statement, demanding civil compensations from the
18 Sep. 2013 www.cninfo.com.cn
Company for its illegal information disclosure.The amount
involved in the lawsuit is RMB 73.4283 milli
