CHANGCHAICOMPANY,LIMITEDFIRSTQUARTERREPORT2020
30April2020
PartIImportantNotes
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofChangchaiCompany,Limited(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.ShiXinkun,theCompany’slegalrepresentative,ZhangXin,theCompany’sGeneralManager,andJiangHe,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
PartIIKeyCorporateInformation
IKeyFinancialInformation
Indicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
| Q12020 | Q12019 | Change(%) | |
| Operatingrevenue(RMB) | 537,033,349.19 | 557,670,611.48 | -3.70% |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | 1,510,305.60 | 2,518,025.10 | -40.02% |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalitems(RMB) | 1,271,708.92 | 1,083,678.62 | 17.35% |
| Netcashgeneratedfrom/usedinoperatingactivities(RMB) | 19,241,295.96 | -63,832,631.41 | --- |
| Basicearningspershare(RMB/share) | 0.0027 | 0.0045 | -40.00% |
| Dilutedearningspershare(RMB/share) | 0.0027 | 0.0045 | -40.00% |
| Weightedaveragereturnonequity(%) | 0.07% | 0.13% | -0.06% |
| 31March2020 | 31December2019 | Change(%) | |
| Totalassets(RMB) | 3,474,796,945.66 | 3,484,975,990.48 | -0.29% |
| Equityattributabletothelistedcompany’sshareholders(RMB) | 2,069,762,903.54 | 2,109,239,597.94 | -1.87% |
Exceptionalgainsandlosses:
√Applicable□Notapplicable
Unit:RMB
| Item | Q12020 | Note |
| Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | -29,514.41 | |
| Governmentsubsidieschargedtocurrentprofitandloss(exclusiveofgovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards) | 805,876.00 | |
| Non-operatingincomeandexpenseotherthantheabove | -237,574.70 | |
| Less:Incometaxeffects | 128,493.99 | |
| Non-controllinginterestseffects(netoftax) | 171,696.22 | |
| Total | 238,596.68 | -- |
ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemdefinedorlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothe
Public—ExceptionalGain/LossItems:
□Applicable√NotapplicableNosuchcasesfortheReportingPeriod.IITotalNumberofShareholdersandHoldingsofTop10Shareholdersat31March2020
1.NumbersofOrdinaryShareholdersandPreferredShareholderswithResumedVotingRightsaswellasHoldingsofTop10Shareholders
Unit:share
| Numberofordinaryshareholdersattheperiod-end | 48,072 | Numberofpreferredshareholderswithresumedvotingrightsattheperiod-end(ifany) | 0 | ||||||
| Top10shareholders | |||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalsharesheld | Restrictedsharesheld | Sharesinpledgeorfrozen | ||||
| Status | Shares | ||||||||
| ChangzhouInvestmentGroupCo.,Ltd | State-ownedlegalperson | 30.43% | 170,845,236 | 0 | |||||
| ChinaConstructionBankCorporation-FirstStateCindaNewEnergyIndustryStockSecuritiesInvestmentFund | Other | 0.59% | 3,308,833 | 0 | |||||
| KGIASIALIMITED | Foreignlegalperson | 0.57% | 3,189,845 | 0 | |||||
| ZhouYong | Domesticnaturalperson | 0.38% | 2,150,000 | 0 | |||||
| LeiYanqin | Domesticnaturalperson | 0.36% | 2,038,025 | 0 | |||||
| GaoFenhuai | Domesticnaturalperson | 0.35% | 1,988,200 | 0 | |||||
| HuWenyong | Domesticnaturalperson | 0.28% | 1,561,866 | 0 | |||||
| HuangGuoliang | Domesticnaturalperson | 0.27% | 1,528,891 | 0 | |||||
| LiSuinan | Domesticnaturalperson | 0.27% | 1,523,700 | 0 | |||||
| ZhaoNanyang | Domesticnaturalperson | 0.24% | 1,332,600 | 0 | |||||
| Top10unrestrictedshareholders | |||||||||
| Nameofshareholder | Unrestrictedsharesheld | Sharesbytype | |||||||
| Type | Shares | ||||||||
| ChangzhouInvestmentGroupCo.,Ltd | 170,845,236 | RMB-denominatedordinarystock | 170,845,236 | ||||||
| ChinaConstructionBankCorporation-FirstStateCindaNewEnergyIndustry | 3,308,833 | RMB-denominatedordinarystock | 3,308,833 | ||||||
| StockSecuritiesInvestmentFund | |||
| KGIASIALIMITED | 3,189,845 | Domesticallylistedforeignstock | 3,189,845 |
| ZhouYong | 2,150,000 | RMB-denominatedordinarystock | 2,150,000 |
| LeiYanqin | 2,038,025 | RMB-denominatedordinarystock | 2,038,025 |
| GaoFenhuai | 1,988,200 | RMB-denominatedordinarystock | 1,988,200 |
| HuWenyong | 1,561,866 | Domesticallylistedforeignstock | 1,561,866 |
| HuangGuoliang | 1,528,891 | Domesticallylistedforeignstock | 1,528,891 |
| LiSuinan | 1,523,700 | Domesticallylistedforeignstock | 1,523,700 |
| ZhaoNanyang | 1,332,600 | RMB-denominatedordinarystock | 1,332,600 |
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | Itisunknownwhetherthereisamongthetop10publicshareholdersandthetop10unrestrictedpublicshareholdersanyrelatedpartiesoracting-in-concertpartiesasdefinedintheAdministrativeMeasuresforInformationRegardingShareholdingAlteration. | ||
| Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading(ifany) | TheshareholdersLeiYanqinandGaoFenhuairespectivelyhold1,711,402sharesand1,988,200sharesoftheCompanythroughtheircreditaccount. | ||
Indicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.
□Yes√NoNosuchcasesintheReportingPeriod.
2.NumberofPreferredShareholdersandShareholdingsofTop10ofThem
□Applicable√Notapplicable
PartIIISignificantEvents
IChangesinKeyFinancialStatementLineItemsandExplanationofwhy
√Applicable□Notapplicable
1.AccountsreceivableincreasedbyRMB220,822,035.75,or52.66%,asof31March2020comparedto31December2019,primarilybecausetheCompanyproperlyallowedcustomers’buyingoncreditformoremarketsinQ12020andmulti-cylinderdieselenginecustomersaremainlysupportingcompaniesofmainengine,whichareusuallygivenlongerpaymentdays.
2.OthercurrentassetsdecreasedbyRMB2,126,634.01,or33.47%,asof31March2020comparedto31December2019,mainlybecauseexcessVATpaidoftheCompanydecreased.
3.taxespayableincreasedbyRMB6,550,657.24,or72.03%,asof31March2020comparedto31December2019,mainlybecauseoftheincreaseinVATpayableandothertaxes.
4.PayrollpayabledecreasedbyRMB18,064,824.80,or40.54%,asof31March2020comparedto31December2019,mainlybecauseaccruedsalaryandbonusinlastperiodwaspartiallypaidinthisperiod.
5.FinancecostswentdownbyRMB3,161,220.82,duringQ12020comparedtoQ12019,primarilybecausetheobviousgainsonexchange,andtheinterestexpensewassavedduetothereductioninloanscale.
6.NetprofitattributabletoownersoftheCompanyastheparentwentdownbyRMB1,007,719.50,or40.02%,duringQ12020comparedtoQ12019,primarilydrivenbytheimpactofepidemicsituation,whichresultedinthedecreaseofoperatingrevenueandinfluencedthecurrentprofit.
IIProgress,InfluenceandSolutionswithregardtoSignificantEvents
□Applicable√NotapplicableProgressofanysharerepurchase:
□Applicable√NotapplicableProgressofanyreductionoftherepurchasedsharesthroughcentralizedbidding:
□Applicable√NotapplicableIIICommitmentsthattheCompany’sActualController,Shareholders,RelatedParties,Acquirers,theCompanyItselforOtherParties,FailedtoFulfillonTimeduringtheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
IVSecuritiesInvestments
√Applicable□Notapplicable
Unit:RMB
| Varietyofsecurities | Codeofsecurities | Nameofsecurities | Initialinvestmentcost | Accountingmeasurementmodel | Beginningcarryingvalue | Gain/lossonfairvaluechangesintheReportingPeriod | Cumulativefairvaluechangesrecordedintoequity | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Gain/lossintheReportingPeriod | Endingcarryingvalue | Accountingitem | Capitalresources |
| Stock | 600166 | FOTON | 41,784,000.00 | Fairvaluemeasurement | 302,005,000.00 | -26,010,000.00 | -22,108,500.00 | 0.00 | 0.00 | 0.00 | 275,995,000.00 | Otherequityinstrumentinvestment | Self-ownedfunds |
| Stock | 600919 | BankofJiangsu | 18,000,000.00 | Fairvaluemeasurement | 130,320,000.00 | -22,140,000.00 | -18,819,000.00 | 0.00 | 0.00 | 0.00 | 108,180,000.00 | Otherequityinstrumentinvestment | Self-ownedfunds |
| Stock | 600377 | JiangsuExpressway | 90,500.00 | Fairvaluemeasurement | 561,000.00 | -70,000.00 | -59,500.00 | 0.00 | 0.00 | 0.00 | 491,000.00 | Otherequityinstrumentinvestment | Self-ownedfunds |
| Total | 59,874,5 | -- | 432,886, | -48,220,0 | -40,987,0 | 0.00 | 0.00 | 0.00 | 384,666, | -- | -- | ||
| 00.00 | 000.00 | 00.00 | 00.00 | 000.00 | |||
| DisclosuredateofannouncementonBoard’sconsentforsecuritiesinvestment | |||||||
| Disclosuredateofannouncementonshareholders’meeting’sconsentforsecuritiesinvestment(ifany) |
VWealthManagementEntrustment
√Applicable□Notapplicable
RMB:’0,000
| Specifictype | Capitalresources | Amountincurred | Unduebalance | Overdueamount |
| Brokerfinancialproducts | Self-ownedfunds | 302.2 | 1,152.3 | 0 |
| Total | 302.2 | 1,152.3 | 0 | |
Particularsofentrustedcashmanagementwithsinglesignificantamountorlowsecurity,badliquidity,andnocapitalpreservation
□Applicable√NotapplicableWhetherthereisthecasewheretheprincipalcannotberecoveredatmaturityorothercasewhichmaycauseimpairmentforentrustedassetmanagement
□Applicable√Notapplicable
VIInvestmentsinDerivativeFinancialInstruments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIICommunicationswiththeInvestmentCommunitysuchasResearches,InquiriesandInterviewsduringtheReportingPeriod
√Applicable□Notapplicable
| Date | Wayofcommunication | Typeofcommunicationparty | Indextomaininformationcommunicated |
| 19March2020 | Other | Individual | DevelopmentproposalsoftheCompany |
| 19March2020 | Other | Individual | TransformationandupgradingoftheCompany |
| 12March2020 | Other | Individual | 2019AnnualReportoftheCompany |
| 9March2020 | Other | Individual | Productsoflithiumbatterydiaphragmproject |
| 9March2020 | Other | Individual | Productsoflithiumbatterydiaphragmproject |
| 9March2020 | Other | Individual | ProductsoftheCompany |
| 3March2020 | Other | Individual | BusinessoftheCompany |
| 2March2020 | Other | Individual | BrandvalueoftheCompany |
| 28February2020 | Other | Individual | ReformanddevelopmentoftheCompany |
| 22February2020 | Other | Individual | Operationoflithiumbatterydiaphragmproject |
| 22February2020 | Other | Individual | Operationoflithiumbatterydiaphragmproject |
| 22February2020 | Other | Individual | Productionplanoflithiumbatterydiaphragmproject |
| 17February2020 | Other | Individual | Progressoflithiumbatterydiaphragmproject |
| 17February2020 | Other | Individual | Progressoflithiumbatterydiaphragmproject |
| 14February2020 | Other | Individual | WorkresumptionoftheCompany |
| 14February2020 | Other | Individual | Changethetermofdirectors |
| 6February2020 | Other | Individual | EpidemicpreventionoftheCompany |
| 5February2020 | Other | Individual | Completionofmajortaskin2019andmajortargetin2020oftheCompany |
| 4February2020 | Other | Individual | DevelopmentproposalsoftheCompany |
| 4February2020 | Other | Individual | MarketconceptoftheCompany |
| 3February2020 | Other | Individual | Progressoflithiumbatterydiaphragmproject |
| 3February2020 | Other | Individual | Changethetermofdirectorsandsupervisors |
| 22January2020 | Other | Individual | DevelopmentproposalsoftheCompany |
| 22January2020 | Other | Individual | DevelopmentoftheCompany |
| 15January2020 | Other | Individual | Lithiumbatterydiaphragmproject |
| 14January2020 | Other | Individual | Progressoflithiumbatterydiaphragmproject |
| 13January2020 | Other | Individual | CustomersoftheCompany |
| 9January2020 | Other | Individual | Progressoflithiumbatterydiaphragmproject |
| 7January2020 | Other | Individual | ProgressoflithiumbatterydiaphragmprojectandremunerationofseniormanagersoftheCompany |
| 1January2020 | Other | Individual | DevelopmentoftheCompany |
VIIIIrregularitiesintheProvisionofGuarantees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IXOccupationoftheCompany’sCapitalbytheControllingShareholderorItsRelatedPartiesforNon-OperatingPurposes
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartIVFinancialStatementsIFinancialStatements
1.ConsolidatedBalanceSheetPreparedbyChangchaiCompany,Limited
31March2020
Unit:RMB
| Item | 31March2020 | 31December2019 |
| Currentassets: | ||
| Monetaryassets | 631,355,956.14 | 637,214,006.06 |
| Settlementreserve | ||
| Interbankloansgranted | ||
| Held-for-tradingfinancialassets | 11,522,956.16 | 10,000,000.00 |
| Derivativefinancialassets | ||
| Notesreceivable | 490,161,207.68 | 606,283,023.05 |
| Accountsreceivable | 640,117,701.26 | 419,295,665.51 |
| Accountsreceivablefinancing | ||
| Prepayments | 12,068,892.69 | 12,930,546.16 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 8,723,308.37 | 10,597,073.18 |
| Including:Interestreceivable | ||
| Dividendsreceivable | ||
| Financialassetspurchasedunderresaleagreements | ||
| Inventories | 416,055,195.29 | 473,352,010.58 |
| Contractualassets | ||
| Assetsclassifiedasheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 4,227,286.32 | 6,353,920.33 |
| Totalcurrentassets | 2,214,232,503.91 | 2,176,026,244.87 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | ||
| Investmentsinotherequityinstruments | 484,666,000.00 | 532,886,000.00 |
| Othernon-currentfinancialassets | 77,952,101.63 | 77,952,101.63 |
| Investmentproperty | 47,895,581.63 | 48,447,666.83 |
| Fixedassets | 438,812,208.05 | 457,582,514.13 |
| Constructioninprogress | 111,656,326.68 | 91,358,156.24 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Userightsassets | ||
| Intangibleassets | 98,558,367.24 | 99,699,450.26 |
| R&Dexpense | ||
| Goodwill | ||
| Long-termprepaidexpense | ||
| Deferredincometaxassets | 1,023,856.52 | 1,023,856.52 |
| Othernon-currentassets | ||
| Totalnon-currentassets | 1,260,564,441.75 | 1,308,949,745.61 |
| Totalassets | 3,474,796,945.66 | 3,484,975,990.48 |
| Currentliabilities: | ||
| Short-termborrowings | 22,000,000.00 | 22,000,000.00 |
| Borrowingsfromthecentralbank | ||
| Interbankloansobtained | ||
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 415,218,000.00 | 403,035,000.00 |
| Accountspayable | 543,545,367.15 | 525,610,256.89 |
| Advancesfromcustomers | 30,836,615.21 | |
| Contractualliabilities | 36,863,974.04 | |
| Financialassetssoldunderrepurchaseagreements |
| Customerdepositsandinterbankdeposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Payrollpayable | 26,494,190.99 | 44,559,015.79 |
| Taxespayable | 15,645,039.82 | 9,094,382.58 |
| Otherpayables | 215,627,249.06 | 203,840,127.19 |
| Including:Interestpayable | ||
| Dividendspayable | 3,891,433.83 | 3,891,433.83 |
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
| Currentportionofnon-currentliabilities | ||
| Othercurrentliabilities | 1,283,077.89 | 1,177,712.38 |
| Totalcurrentliabilities | 1,276,676,898.95 | 1,240,153,110.04 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | ||
| Bondspayable | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termpayrollpayable | ||
| Provisions | ||
| Deferredincome | 58,864,111.22 | 58,864,111.22 |
| Deferredincometaxliabilities | 49,849,890.27 | 57,082,890.27 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 108,714,001.49 | 115,947,001.49 |
| Totalliabilities | 1,385,390,900.44 | 1,356,100,111.53 |
| Owners’equity: | ||
| Sharecapital | 561,374,326.00 | 561,374,326.00 |
| Otherequityinstruments | ||
| Including:Preferredshares |
| Perpetualbonds | ||
| Capitalreserves | 164,328,665.43 | 164,328,665.43 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | 276,072,775.00 | 317,059,775.00 |
| Specificreserve | 17,560,202.07 | 17,560,202.07 |
| Surplusreserves | 322,226,700.34 | 322,226,700.34 |
| Generalreserve | ||
| Retainedearnings | 728,200,234.70 | 726,689,929.10 |
| TotalequityattributabletoownersoftheCompanyastheparent | 2,069,762,903.54 | 2,109,239,597.94 |
| Non-controllinginterests | 19,643,141.68 | 19,636,281.01 |
| Totalowners’equity | 2,089,406,045.22 | 2,128,875,878.95 |
| Totalliabilitiesandowners’equity | 3,474,796,945.66 | 3,484,975,990.48 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
| Item | 31March2020 | 31December2019 |
| Currentassets: | ||
| Monetaryassets | 588,185,079.91 | 584,957,678.96 |
| Held-for-tradingfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | 468,199,058.92 | 576,948,023.05 |
| Accountsreceivable | 555,986,587.00 | 337,447,538.04 |
| Accountsreceivablefinancing | ||
| Prepayments | 5,286,406.81 | 6,386,284.14 |
| Otherreceivables | 21,030,505.09 | 23,639,899.46 |
| Including:Interestreceivable | ||
| Dividendsreceivable | ||
| Inventories | 302,327,441.92 | 368,653,472.39 |
| Contractualassets | ||
| Assetsclassifiedasheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 3,898,333.51 | |
| Totalcurrentassets | 1,941,015,079.65 | 1,901,931,229.55 |
| Non-currentassets: | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 266,752,730.03 | 251,752,730.03 |
| Investmentsinotherequityinstruments | 484,666,000.00 | 532,886,000.00 |
| Othernon-currentfinancialassets | 50,000,000.00 | 50,000,000.00 |
| Investmentproperty | 47,895,581.63 | 48,447,666.83 |
| Fixedassets | 347,310,451.70 | 364,071,199.07 |
| Constructioninprogress | 93,455,413.37 | 89,330,161.60 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Userightsassets |
| Intangibleassets | 69,346,042.11 | 70,169,770.91 |
| R&Dexpense | ||
| Goodwill | ||
| Long-termprepaidexpense | ||
| Deferredincometaxassets | 970,026.67 | 970,026.67 |
| Othernon-currentassets | ||
| Totalnon-currentassets | 1,360,396,245.51 | 1,407,627,555.11 |
| Totalassets | 3,301,411,325.16 | 3,309,558,784.66 |
| Currentliabilities: | ||
| Short-termborrowings | 5,000,000.00 | 5,000,000.00 |
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 404,288,000.00 | 392,105,000.00 |
| Accountspayable | 502,379,414.90 | 481,854,210.18 |
| Advancesfromcustomers | 28,673,664.87 | |
| Contractualliabilities | 34,190,302.40 | |
| Payrollpayable | 20,434,470.80 | 39,125,477.30 |
| Taxespayable | 12,499,731.48 | 5,952,664.10 |
| Otherpayables | 203,834,517.21 | 191,962,821.35 |
| Including:Interestpayable | ||
| Dividendspayable | 3,243,179.97 | 3,243,179.97 |
| Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
| Currentportionofnon-currentliabilities | ||
| Othercurrentliabilities | ||
| Totalcurrentliabilities | 1,182,626,436.79 | 1,144,673,837.80 |
| Non-currentliabilities: | ||
| Long-termborrowings | ||
| Bondspayable | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termpayrollpayable |
| Provisions | ||
| Deferredincome | 58,864,111.22 | 58,864,111.22 |
| Deferredincometaxliabilities | 48,718,725.00 | 55,951,725.00 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 107,582,836.22 | 114,815,836.22 |
| Totalliabilities | 1,290,209,273.01 | 1,259,489,674.02 |
| Owners’equity: | ||
| Sharecapital | 561,374,326.00 | 561,374,326.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 183,071,147.70 | 183,071,147.70 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | 276,072,775.00 | 317,059,775.00 |
| Specificreserve | 17,560,202.07 | 17,560,202.07 |
| Surplusreserves | 322,226,700.34 | 322,226,700.34 |
| Retainedearnings | 650,896,901.04 | 648,776,959.53 |
| Totalowners’equity | 2,011,202,052.15 | 2,050,069,110.64 |
| Totalliabilitiesandowners’equity | 3,301,411,325.16 | 3,309,558,784.66 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
3.ConsolidatedIncomeStatement
Unit:RMB
| Item | Q12020 | Q12019 |
| 1.Revenue | 537,033,349.19 | 557,670,611.48 |
| Including:Operatingrevenue | 537,033,349.19 | 557,670,611.48 |
| Interestincome | ||
| Premiumincome | ||
| Handlingchargeandcommissionincome | ||
| 2.Costsandexpenses | 529,922,440.47 | 549,460,701.31 |
| Including:Costofsales | 468,398,298.69 | 490,367,392.94 |
| Interestexpense | ||
| Handlingchargeandcommissionexpense | ||
| Surrenders | ||
| Netclaimspaid | ||
| Netamountprovidedaspolicyreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandsurcharges | 3,081,606.93 | 2,586,596.10 |
| Sellingexpense | 27,529,136.09 | 25,812,066.86 |
| Administrativeexpense | 16,267,262.68 | 14,279,960.47 |
| R&Dexpense | 15,470,032.84 | 14,077,360.88 |
| Financecosts | -823,896.76 | 2,337,324.06 |
| Including:Interestexpense | 272,391.02 | 813,946.55 |
| Interestincome | 1,559,568.83 | 1,405,261.21 |
| Add:Otherincome | 805,876.00 | 129,300.00 |
| Returnoninvestment(“-”forloss) | 24,734.34 | 115,280.60 |
| Including:Shareofprofitorlossofjointventuresandassociates | ||
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Foreignexchangegain(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | ||
| Creditimpairmentloss(“-”forloss) | -5,148,895.63 | -6,247,186.29 |
| Assetimpairmentloss(“-”forloss) |
| Assetdisposalincome(“-”forloss) | -29,514.41 | 984,535.95 |
| 3.Operatingprofit(“-”forloss) | 2,763,109.02 | 3,191,840.43 |
| Add:Non-operatingincome | 131,146.74 | 452,748.32 |
| Less:Non-operatingexpense | 368,721.44 | 20,108.63 |
| 4.Profitbeforetax(“-”forloss) | 2,525,534.32 | 3,624,480.12 |
| Less:Incometaxexpense | 1,008,368.05 | 1,057,440.67 |
| 5.Netprofit(“-”fornetloss) | 1,517,166.27 | 2,567,039.45 |
| 5.1Byoperatingcontinuity | ||
| 5.1.1Netprofitfromcontinuingoperations(“-”fornetloss) | 1,517,166.27 | 2,567,039.45 |
| 5.1.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.2Byownership | ||
| 5.2.1NetprofitattributabletoownersoftheCompanyastheparent | 1,510,305.60 | 2,518,025.10 |
| 5.2.1Netprofitattributabletonon-controllinginterests | 6,860.67 | 49,014.35 |
| 6.Othercomprehensiveincome,netoftax | -40,987,000.00 | 81,621,250.00 |
| AttributabletoownersoftheCompanyastheparent | -40,987,000.00 | 81,621,250.00 |
| 6.1Itemsthatwillnotbereclassifiedtoprofitorloss | -40,987,000.00 | 81,621,250.00 |
| 6.1.1Changescausedbyremeasurementsondefinedbenefitpensionschemes | ||
| 6.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 6.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | -40,987,000.00 | 81,621,250.00 |
| 6.1.4Changesinthefairvalueofthecompany’screditrisks | ||
| 6.1.5Other | ||
| 6.2Itemsthatwillbereclassifiedtoprofitorloss | ||
| 6.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | ||
| 6.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 6.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 6.2.4Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations | ||
| 6.2.5Reserveforcashflowhedges | ||
| 6.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements |
| 6.2.7Other | ||
| Attributabletonon-controllinginterests | ||
| 7.Totalcomprehensiveincome | -39,469,833.73 | 84,188,289.45 |
| AttributabletoownersoftheCompanyastheparent | -39,476,694.40 | 84,139,275.10 |
| Attributabletonon-controllinginterests | 6,860.67 | 49,014.35 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | 0.0027 | 0.0045 |
| 8.2Dilutedearningspershare | 0.0027 | 0.0045 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
4.IncomeStatementoftheCompanyastheParent
Unit:RMB
| Item | Q12020 | Q12019 |
| 1.Operatingrevenue | 503,170,117.52 | 517,869,769.55 |
| Less:Costofsales | 442,502,103.14 | 460,358,879.40 |
| Taxesandsurcharges | 2,157,929.61 | 2,027,946.33 |
| Sellingexpense | 25,275,600.91 | 23,691,858.67 |
| Administrativeexpense | 12,115,923.01 | 9,526,479.22 |
| R&Dexpense | 15,078,747.40 | 13,521,905.65 |
| Financecosts | -1,041,410.01 | 1,105,188.53 |
| Including:Interestexpense | 54,875.67 | 558,794.31 |
| Interestincome | 1,479,923.86 | 1,325,611.24 |
| Add:Otherincome | 300,000.00 | 129,300.00 |
| Returnoninvestment(“-”forloss) | ||
| Including:Shareofprofitorlossofjointventuresandassociates | ||
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | ||
| Creditimpairmentloss(“-”forloss) | -4,870,810.22 | -6,247,186.29 |
| Assetimpairmentloss(“-”forloss) | ||
| Assetdisposalincome(“-”forloss) | -29,514.41 | 984,535.95 |
| 2.Operatingprofit(“-”forloss) | 2,480,898.83 | 2,504,161.41 |
| Add:Non-operatingincome | 14,530.00 | 187,691.12 |
| Less:Non-operatingexpense | 1,380.00 | 9,093.98 |
| 3.Profitbeforetax(“-”forloss) | 2,494,048.83 | 2,682,758.55 |
| Less:Incometaxexpense | 374,107.32 | 402,413.78 |
| 4.Netprofit(“-”fornetloss) | 2,119,941.51 | 2,280,344.77 |
| 4.1Netprofitfromcontinuingoperations(“-”fornetloss) | 2,119,941.51 | 2,280,344.77 |
| 4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.Othercomprehensiveincome,netoftax | -40,987,000.00 | 81,621,250.00 |
| 5.1Itemsthatwillnotbereclassifiedtoprofitorloss | -40,987,000.00 | 81,621,250.00 |
| 5.1.1Changescausedbyremeasurementsondefinedbenefit |
| pensionschemes | ||
| 5.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | -40,987,000.00 | 81,621,250.00 |
| 5.1.4Changesinthefairvalueofthecompany’screditrisks | ||
| 5.1.5Other | ||
| 5.2Itemsthatwillbereclassifiedtoprofitorloss | ||
| 5.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 5.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 5.2.4Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations | ||
| 5.2.5Reserveforcashflowhedges | ||
| 5.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | ||
| 5.2.7Other | ||
| 6.Totalcomprehensiveincome | -38,867,058.49 | 83,901,594.77 |
| 7.Earningspershare | ||
| 7.1Basicearningspershare | 0.0038 | 0.0041 |
| 7.2Dilutedearningspershare | 0.0038 | 0.0041 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
5.ConsolidatedCashFlowStatement
Unit:RMB
| Item | Q12020 | Q12019 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 394,536,274.90 | 385,993,156.10 |
| Netincreaseincustomerdepositsandinterbankdeposits | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,handlingchargesandcommissionsreceived | ||
| Netincreaseininterbankloansobtained | ||
| Netincreaseinproceedsfromrepurchasetransactions | ||
| Netproceedsfromactingtradingofsecurities | ||
| Taxrebates | 8,340,486.99 | 13,338,440.09 |
| Cashgeneratedfromotheroperatingactivities | 3,065,965.22 | 5,026,831.34 |
| Subtotalofcashgeneratedfromoperatingactivities | 405,942,727.11 | 404,358,427.53 |
| Paymentsforcommoditiesandservices | 281,322,512.13 | 345,226,371.02 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandininterbankloansgranted | ||
| Paymentsforclaimsonoriginalinsurancecontracts | ||
| Netincreaseininterbankloansgranted | ||
| Interest,handlingchargesandcommissionspaid | ||
| Policydividendspaid | ||
| Cashpaidtoandforemployees | 76,966,977.12 | 87,234,321.19 |
| Taxespaid | 7,741,624.22 | 8,260,325.27 |
| Cashusedinotheroperatingactivities | 20,670,317.68 | 27,470,041.46 |
| Subtotalofcashusedinoperatingactivities | 386,701,431.15 | 468,191,058.94 |
| Netcashgeneratedfrom/usedinoperatingactivities | 19,241,295.96 | -63,832,631.41 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 1,500,000.00 | 4,000,000.00 |
| Returnoninvestment | 1,778.18 | 115,280.60 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 46,500.00 | 1,001,035.95 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | ||
| Subtotalofcashgeneratedfrominvestingactivities | 1,548,278.18 | 5,116,316.55 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 25,124,094.04 | 7,647,974.81 |
| Paymentsforinvestments | 3,000,000.00 | 10,000,000.00 |
| Netincreaseinpledgedloansgranted | ||
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 930,300.00 | |
| Subtotalofcashusedininvestingactivities | 29,054,394.04 | 17,647,974.81 |
| Netcashgeneratedfrom/usedininvestingactivities | -27,506,115.86 | -12,531,658.26 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | ||
| Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | ||
| Borrowingsobtained | 7,000,000.00 | |
| Cashgeneratedfromotherfinancingactivities | ||
| Subtotalofcashgeneratedfromfinancingactivities | 7,000,000.00 | |
| Repaymentsofborrowings | 7,000,000.00 | |
| Paymentsforinterestanddividends | 272,391.02 | 813,946.55 |
| Including:Dividendspaidbysubsidiariestonon-controllinginterests | ||
| Cashusedinotherfinancingactivities | ||
| Subtotalofcashusedinfinancingactivities | 272,391.02 | 7,813,946.55 |
| Netcashgeneratedfrom/usedinfinancingactivities | -272,391.02 | -813,946.55 |
| 4.Effectofforeignexchangeratechangesoncashandcashequivalents | ||
| 5.Netincreaseincashandcashequivalents | -8,537,210.92 | -77,178,236.22 |
| Add:Cashandcashequivalents,beginningoftheperiod | 544,584,744.17 | 687,079,639.59 |
| 6.Cashandcashequivalents,endoftheperiod | 536,047,533.25 | 609,901,403.37 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
6.CashFlowStatementoftheCompanyastheParent
Unit:RMB
| Item | Q12020 | Q12019 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 354,637,979.41 | 350,605,925.78 |
| Taxrebates | 5,440,557.38 | 10,449,706.25 |
| Cashgeneratedfromotheroperatingactivities | 2,354,261.65 | 2,573,315.54 |
| Subtotalofcashgeneratedfromoperatingactivities | 362,432,798.44 | 363,628,947.57 |
| Paymentsforcommoditiesandservices | 254,044,882.14 | 321,914,661.45 |
| Cashpaidtoandforemployees | 65,955,095.38 | 74,643,724.56 |
| Taxespaid | 3,705,225.58 | 4,780,770.52 |
| Cashusedinotheroperatingactivities | 16,543,652.69 | 20,159,658.65 |
| Subtotalofcashusedinoperatingactivities | 340,248,855.79 | 421,498,815.18 |
| Netcashgeneratedfrom/usedinoperatingactivities | 22,183,942.65 | -57,869,867.61 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | ||
| Returnoninvestment | ||
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 46,500.00 | 984,535.95 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | ||
| Subtotalofcashgeneratedfrominvestingactivities | 46,500.00 | 984,535.95 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 6,656,932.63 | 5,500,496.74 |
| Paymentsforinvestments | 15,000,000.00 | 10,000,000.00 |
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | ||
| Subtotalofcashusedininvestingactivities | 21,656,932.63 | 15,500,496.74 |
| Netcashgeneratedfrom/usedininvestingactivities | -21,610,432.63 | -14,515,960.79 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | ||
| Borrowingsobtained | ||
| Cashgeneratedfromotherfinancingactivities |
| Subtotalofcashgeneratedfromfinancingactivities | ||
| Repaymentsofborrowings | ||
| Paymentsforinterestanddividends | 54,875.67 | 558,794.31 |
| Cashusedinotherfinancingactivities | ||
| Subtotalofcashusedinfinancingactivities | 54,875.67 | 558,794.31 |
| Netcashgeneratedfrom/usedinfinancingactivities | -54,875.67 | -558,794.31 |
| 4.Effectofforeignexchangeratechangesoncashandcashequivalents | ||
| 5.Netincreaseincashandcashequivalents | 518,634.35 | -72,944,622.71 |
| Add:Cashandcashequivalents,beginningoftheperiod | 497,777,104.81 | 651,854,206.79 |
| 6.Cashandcashequivalents,endoftheperiod | 498,295,739.16 | 578,909,584.08 |
Legalrepresentative:ShiXinkunGeneralmanager:ZhangXinHeadoftheCompany’sfinancialdepartment:JiangHe
IIAdjustmentstotheFinancialStatements
1.AdjustmentstotheFinancialStatementsattheBeginningoftheFirstExecutionYearofanyNewStandardsGoverningFinancialInstruments,RevenueorLeasesfrom2020
√Applicable□NotapplicableConsolidatedBalanceSheet
Unit:RMB
| Item | 31December2019 | 1January2020 | Adjusted |
| Currentassets: | |||
| Monetaryassets | 637,214,006.06 | 637,214,006.06 | |
| Settlementreserve | |||
| Interbankloansgranted | |||
| Held-for-tradingfinancialassets | 10,000,000.00 | 10,000,000.00 | |
| Derivativefinancialassets | |||
| Notesreceivable | 606,283,023.05 | 606,283,023.05 | |
| Accountsreceivable | 419,295,665.51 | 419,295,665.51 | |
| Accountsreceivablefinancing | |||
| Prepayments | 12,930,546.16 | 12,930,546.16 | |
| Premiumsreceivable | |||
| Reinsurancereceivables | |||
| Receivablereinsurancecontractreserve | |||
| Otherreceivables | 10,597,073.18 | 10,597,073.18 | |
| Including:Interestreceivable | |||
| Dividendsreceivable | |||
| Financialassetspurchasedunderresaleagreements | |||
| Inventories | 473,352,010.58 | 473,352,010.58 | |
| Contractualassets | |||
| Assetsclassifiedasheldforsale | |||
| Currentportionofnon-currentassets | |||
| Othercurrentassets | 6,353,920.33 | 6,353,920.33 | |
| Totalcurrentassets | 2,176,026,244.87 | 2,176,026,244.87 | |
| Non-currentassets: | |||
| Loansandadvancestocustomers |
| Investmentsindebtobligations | |||
| Investmentsinotherdebtobligations | |||
| Long-termreceivables | |||
| Long-termequityinvestments | |||
| Investmentsinotherequityinstruments | 532,886,000.00 | 532,886,000.00 | |
| Othernon-currentfinancialassets | 77,952,101.63 | 77,952,101.63 | |
| Investmentproperty | 48,447,666.83 | 48,447,666.83 | |
| Fixedassets | 457,582,514.13 | 457,582,514.13 | |
| Constructioninprogress | 91,358,156.24 | 91,358,156.24 | |
| Productivelivingassets | |||
| Oilandgasassets | |||
| Userightsassets | |||
| Intangibleassets | 99,699,450.26 | 99,699,450.26 | |
| R&Dexpense | |||
| Goodwill | |||
| Long-termprepaidexpense | |||
| Deferredincometaxassets | 1,023,856.52 | 1,023,856.52 | |
| Othernon-currentassets | |||
| Totalnon-currentassets | 1,308,949,745.61 | 1,308,949,745.61 | |
| Totalassets | 3,484,975,990.48 | 3,484,975,990.48 | |
| Currentliabilities: | |||
| Short-termborrowings | 22,000,000.00 | 22,000,000.00 | |
| Borrowingsfromthecentralbank | |||
| Interbankloansobtained | |||
| Held-for-tradingfinancialliabilities | |||
| Derivativefinancialliabilities | |||
| Notespayable | 403,035,000.00 | 403,035,000.00 | |
| Accountspayable | 525,610,256.89 | 525,610,256.89 | |
| Advancesfromcustomers | 30,836,615.21 | -30,836,615.21 | |
| Contractualliabilities | 30,836,615.21 | 30,836,615.21 | |
| Financialassetssoldunderrepurchaseagreements | |||
| Customerdepositsandinterbank |
| deposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Payrollpayable | 44,559,015.79 | 44,559,015.79 |
| Taxespayable | 9,094,382.58 | 9,094,382.58 |
| Otherpayables | 203,840,127.19 | 203,840,127.19 |
| Including:Interestpayable | ||
| Dividendspayable | 3,891,433.83 | 3,891,433.83 |
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
| Currentportionofnon-currentliabilities | ||
| Othercurrentliabilities | 1,177,712.38 | 1,177,712.38 |
| Totalcurrentliabilities | 1,240,153,110.04 | 1,240,153,110.04 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | ||
| Bondspayable | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termpayrollpayable | ||
| Provisions | ||
| Deferredincome | 58,864,111.22 | 58,864,111.22 |
| Deferredincometaxliabilities | 57,082,890.27 | 57,082,890.27 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 115,947,001.49 | 115,947,001.49 |
| Totalliabilities | 1,356,100,111.53 | 1,356,100,111.53 |
| Owners’equity: | ||
| Sharecapital | 561,374,326.00 | 561,374,326.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 164,328,665.43 | 164,328,665.43 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | 317,059,775.00 | 317,059,775.00 |
| Specificreserve | 17,560,202.07 | 17,560,202.07 |
| Surplusreserves | 322,226,700.34 | 322,226,700.34 |
| Generalreserve | ||
| Retainedearnings | 726,689,929.10 | 726,689,929.10 |
| TotalequityattributabletoownersoftheCompanyastheparent | 2,109,239,597.94 | 2,109,239,597.94 |
| Non-controllinginterests | 19,636,281.01 | 19,636,281.01 |
| Totalowners’equity | 2,128,875,878.95 | 2,128,875,878.95 |
| Totalliabilitiesandowners’equity | 3,484,975,990.48 | 3,484,975,990.48 |
NotetoadjustmentBalanceSheetoftheCompanyastheParent
Unit:RMB
| Item | 31December2019 | 1January2020 | Adjusted |
| Currentassets: | |||
| Monetaryassets | 584,957,678.96 | 584,957,678.96 | |
| Held-for-tradingfinancialassets | |||
| Derivativefinancialassets | |||
| Notesreceivable | 576,948,023.05 | 576,948,023.05 | |
| Accountsreceivable | 337,447,538.04 | 337,447,538.04 | |
| Accountsreceivablefinancing | |||
| Prepayments | 6,386,284.14 | 6,386,284.14 | |
| Otherreceivables | 23,639,899.46 | 23,639,899.46 | |
| Including:Interestreceivable | |||
| Dividendsreceivable | |||
| Inventories | 368,653,472.39 | 368,653,472.39 | |
| Contractualassets | |||
| Assetsclassifiedasheldforsale | |||
| Currentportionofnon-currentassets |
| Othercurrentassets | 3,898,333.51 | 3,898,333.51 | |
| Totalcurrentassets | 1,901,931,229.55 | 1,901,931,229.55 | |
| Non-currentassets: | |||
| Investmentsindebtobligations | |||
| Investmentsinotherdebtobligations | |||
| Long-termreceivables | |||
| Long-termequityinvestments | 251,752,730.03 | 251,752,730.03 | |
| Investmentsinotherequityinstruments | 532,886,000.00 | 532,886,000.00 | |
| Othernon-currentfinancialassets | 50,000,000.00 | 50,000,000.00 | |
| Investmentproperty | 48,447,666.83 | 48,447,666.83 | |
| Fixedassets | 364,071,199.07 | 364,071,199.07 | |
| Constructioninprogress | 89,330,161.60 | 89,330,161.60 | |
| Productivelivingassets | |||
| Oilandgasassets | |||
| Userightsassets | |||
| Intangibleassets | 70,169,770.91 | 70,169,770.91 | |
| R&Dexpense | |||
| Goodwill | |||
| Long-termprepaidexpense | |||
| Deferredincometaxassets | 970,026.67 | 970,026.67 | |
| Othernon-currentassets | |||
| Totalnon-currentassets | 1,407,627,555.11 | 1,407,627,555.11 | |
| Totalassets | 3,309,558,784.66 | 3,309,558,784.66 | |
| Currentliabilities: | |||
| Short-termborrowings | 5,000,000.00 | 5,000,000.00 | |
| Held-for-tradingfinancialliabilities | |||
| Derivativefinancialliabilities | |||
| Notespayable | 392,105,000.00 | 392,105,000.00 | |
| Accountspayable | 481,854,210.18 | 481,854,210.18 | |
| Advancesfromcustomers | 28,673,664.87 | -28,673,664.87 | |
| Contractualliabilities | 28,673,664.87 | 28,673,664.87 | |
| Payrollpayable | 39,125,477.30 | 39,125,477.30 | |
| Taxespayable | 5,952,664.10 | 5,952,664.10 |
| Otherpayables | 191,962,821.35 | 191,962,821.35 |
| Including:Interestpayable | 0.00 | 0.00 |
| Dividendspayable | 3,243,179.97 | 3,243,179.97 |
| Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
| Currentportionofnon-currentliabilities | ||
| Othercurrentliabilities | ||
| Totalcurrentliabilities | 1,144,673,837.80 | 1,144,673,837.80 |
| Non-currentliabilities: | ||
| Long-termborrowings | ||
| Bondspayable | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | ||
| Long-termpayables | ||
| Long-termpayrollpayable | ||
| Provisions | ||
| Deferredincome | 58,864,111.22 | 58,864,111.22 |
| Deferredincometaxliabilities | 55,951,725.00 | 55,951,725.00 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 114,815,836.22 | 114,815,836.22 |
| Totalliabilities | 1,259,489,674.02 | 1,259,489,674.02 |
| Owners’equity: | ||
| Sharecapital | 561,374,326.00 | 561,374,326.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 183,071,147.70 | 183,071,147.70 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | 317,059,775.00 | 317,059,775.00 |
| Specificreserve | 17,560,202.07 | 17,560,202.07 |
| Surplusreserves | 322,226,700.34 | 322,226,700.34 |
| Retainedearnings | 648,776,959.53 | 648,776,959.53 |
| Totalowners’equity | 2,050,069,110.64 | 2,050,069,110.64 |
| Totalliabilitiesandowners’equity | 3,309,558,784.66 | 3,309,558,784.66 |
2.RetrospectiveRestatementofPreviousComparativeDataduetotheFirstExecutionofanyNewStandardsGoverningFinancialInstrumentsorLeasesfrom2020
□Applicable√NotapplicableIIIIndependentAuditor’sReport
Indicatebytickmarkwhetherthefinancialstatementsabovehavebeenauditedbyanindependentauditor.
□Yes√NoThesefinancialstatementshavenotbeenauditedbysuchanauditor.