YantaiChangyuPioneerWineCo.,Ltd.
2020FirstQuarterReport
2020-Final02
April2020
I.ImportantNotice
TheCompany’sboardofdirectors,boardofsupervisors,directors,supervisorsandsenior
executivesguaranteethetruthfulness,accuracyandcompletenessofcontentscontainedinthis
quarterreportaswellasnounfaithfulfacts,misleadingstatementsorsignificantomissions
andundertakeindividualandcollectivelegalliabilities.
Alldirectorsattendedtheboardmeetingfordeliberatingthisquarterreport.
Mr.ZhouHongjiang(personinchargeoftheCompany),Mr.JiangJianxun(personincharge
ofaccountingwork),andMsGuoCuimei(personinchargeofaccountinginstitutionand
personinchargeofaccounting)declaretoassurethetruthfulness,accuracyandcompleteness
ofthefinancialstatementinthisquarterreport.
II、CorporateInformation
1.Keyaccountingdataandfinancialindicators
WhethertheCompanyneedstomakeretroactiveadjustmentsorrestatetheaccountingdataofpreviousfiscalyears.
□Yes
?
No
| Item | Thisreportperiod | Thesameperiodoflastyear | Moreorlessthanthesameperiodoflastyear(%) |
| Operatingrevenue(CNY) | 800,586,544 | 1,667,424,758 | -51.99% |
| Netprofitattributedtotheshareholdersofthelistedcompany(CNY) | 233,129,459 | 456,381,471 | -48.92% |
| Netprofitattributedtotheshareholdersofthelistedcompanyafterdeductingtheirregularprofitandloss(CNY) | 225,980,141 | 450,709,661 | -49.86% |
| Netcashflowsfromtheoperatingactivities(CNY) | -117,099,945 | 294,678,342 | -139.74% |
| Basicearningspershare(CNY) | 0.34 | 0.67 | -49.25% |
| Dilutedearningspershare(CNY) | 0.34 | 0.67 | -49.25% |
| Weightedaverageforearningrateofthenetassets | 2.24% | 4.75% | -2.51% |
| Theendofthisreportperiod | Theendoflastyear | Moreorlessthantheendoflastyear(%) | |
| Totalassets(CNY) | 13,447,791,010 | 13,647,932,568 | -1.47% |
| NetAssetsattributedtotheshareholdersofthelistedcompany(CNY) | 10,534,302,179 | 10,308,910,198 | 2.19% |
Detailsofnon-recurringgainsandlosses?Yes□No
Unit：
CNY
| Item | Frombeginningofyeartoendofreportperiod | Explanation |
| Gainondisposalofnon-currentassets,includingthereversalofaccruedimpairmentprovision | 0 | |
| Governmentgrantscreditedinprofitandloss(exceptforthoserecurringgovernmentgrantsthatarecloselyrelatedtotheentity'soperation, | 6,701,749 |
| inlinewithrelatedregulationsandhaveproperbasisofcalculation) | ||
| Othernon-operatingincomeandexpenses | 2,697,448 | |
| Less:Incometaxeffect | 2,231,821 | |
| Minorityinterestseffect(after-tax) | 18,058 | |
| Total | 7,149,318 | -- |
CompanyhasdefinedbyvirtueoftheExplanatoryAnnouncementonPublicCompany’s
InformationDisclosureNo.1-Non-recurringProfitandLossandastoregardingthenon-recurring
profitandlossasrecurrentprofitandlossasspecifiedintheExplanatoryAnnouncementonPublic
Company’sInformationDisclosureNo.1–Non-recurringProfitandLoss.
?Available?Notavailable
Thereisnosituationthatnon-recurringprofitandlossisdefinedandspecifiedasrecurrentprofit
andlossinaccordancewiththeExplanatoryAnnouncementonPublicCompany’sInformation
DisclosureNo.1-Non-recurringProfitandLossduringthereportperiod.
2.Thetotalnumberofshareholdersandtop10shareholdersattheendofthereportperiod
1)Thenumberofthecommonshareholdersandpreferredshareholderswithrecoveredvoting
poweraswellastheshareholdingoftop10shareholders
Unit:share
| Totalnumberofcommonshareholdersattheendofreportperiod | Thetotalis45,626,including26,635Asharesand18,991Bshares | Totalnumberofpreferredshareholderswithrecoveredvotingpowerattheendofreportperiod(ifhave) | 0 | ||||
| Shareholdingoftop10shareholders | |||||||
| NameofShareholders | Characterofshareholders | Percentage(%) | Sharesheld | Numberofrestrictedshares | Pledgedorfrozen | ||
| Sharestatus | Amount | ||||||
| YANTAICHANGYUGROUPCOMPANYLIMITED | Domesticnon-state-ownedlegalperson | 50.40% | 345,473,856 | ||||
| GAOLINGFUND,L.P. | Foreignlegalperson | 3.08% | 21,090,219 | ||||
| CHINASECURITIESFINANCECORP | State-ownedlegalperson | 2.25% | 15,440,794 | ||||
| BBHBOSS/AFIDELITYFD-CHINAFOCUSFD | Foreignlegalperson | 2.22% | 15,241,826 | ||||
| SHENWANHONGYUANSECURITIES(HONGKONG)LIMITED | Foreignlegalperson | 1.20% | 8,239,333 | ||||
| HONGKONGSECURITIES | Foreignlegal | 1.05% | 7,166,916 | ||||
| CLEARINGCOMPANYLIMITED(HKSCC) | person | |||||
| FIDELITYPURITANTRUST:FIDELITYSERIESINTRINSICOPPORTUNITIESFUND | Foreignlegalperson | 0.93% | 6,350,762 | |||
| GUOTAIJUNANSECURITIES(HONGKONG)LIMITED | Foreignlegalperson | 0.70% | 4,805,756 | |||
| CENTRALHUIJINASSETMANAGEMENTLTD. | State-ownedlegalperson | 0.69% | 4,761,200 | |||
| HAITONGINTERNATIONALSECURITIESCOMPANYLIMITED-ACCOUNTCLIENT | Foreignlegalperson | 0.56% | 3,815,587 | |||
| Shareholdingoftop10shareholderswithunrestrictedshares | ||||||
| NameofShareholders | Numberofunrestrictedsharesheld | Typeofshare | ||||
| Typeofshare | Amount | |||||
| YANTAICHANGYUGROUPCOMPANYLIMITED | 345,473,856 | Ashare | 345,473,856 | |||
| GAOLINGFUND,L.P. | 21,090,219 | Bshare | 21,090,219 | |||
| CHINASECURITIESFINANCECORP | 15,440,794 | Ashare | 15,440,794 | |||
| BBHBOSS/AFIDELITYFD-CHINAFOCUSFD | 15,241,826 | Bshare | 15,241,826 | |||
| SHENWANHONGYUANSECURITIES(HONGKONG)LIMITED | 8,239,333 | Bshare | 8,239,333 | |||
| HONGKONGSECURITIESCLEARINGCOMPANYLIMITED(HKSCC) | 7,166,916 | Ashare | 7,166,916 | |||
| FIDELITYPURITANTRUST:FIDELITYSERIESINTRINSICOPPORTUNITIESFUND | 6,350,762 | Bshare | 6,350,762 | |||
| GUOTAIJUNANSECURITIES(HONGKONG)LIMITED | 4,805,756 | Bshare | 4,805,756 | |||
| CENTRALHUIJINASSETMANAGEMENTLTD. | 4,761,200 | Ashare | 4,761,200 | |||
| HAITONGINTERNATIONALSECURITIESCOMPANYLIMITED-ACCOUNTCLIENT | 3,815,587 | Bshare | 3,815,587 | |||
| Theexplanationfortheassociatedrelationshipandaccordantactionofthetop10shareholders | Amongthetop10shareholders,YantaiChangyuGroupCompanyLimitedhasnoassociatedrelationshiporaccordantactionrelationshipwiththeother9listedshareholders,andtherelationshipamongtheothershareholdersisunknown. | |||||
| Explanationforthetop10commonshareholderswhoinvolvedinfinancingactivitiesandstocktradingbusiness(ifany) | No | |||||
WhetherornottheCompany’stop10commonshareholdersandtop10commonshareholderswithunrestrictedsharespromisetobuybacktradingduringthereportperiod
?
Yes
?
No
Therearenotop10commonshareholdersandtop10commonshareholderswithunrestrictedsharesintheCompanypromisetobuybacktradingduringthereportperiod.
2)Thetableofthetotalnumberofthepreferredshareholdersandtheshareholdingstatusofthetop
10preferredshareholders?Available?Notavailable
III、MajorIssue
1.Situationandreasonofchangeinmajorfinancialdataandfinancialindexduringthe
reportperiod?Available?NotavailableAttheendofthereportperiod,advancereceiptintheconsolidatedfinancialstatementsdecreasedby100%comparedwiththebeginningoftheyear,mainlybecausetheCompanybegantoimplementthe"AccountingStandardforBusinessEnterprisesNo.14-Revenue"revisedandissuedbytheMinistryofFinancein2017sinceJanuary1
st,2020andduringthereportperiodadvancesreceivedfromcustomersforpurchaseswereconfirmedtobecontractliabilitiesandtaxpayable;otherpayabledecreasedby27.74%comparedwiththebeginningoftheyear,whichismainlyduetothedeclineinadvertisingfeespayableandthepayableofinvestmentprojectsfunds.Comparedwiththesameperiodoflastyear,thetotaloperatingincomeintheconsolidatedfinancialstatementsinthisreportingperioddecreasedby51.99%,theoperatingincomedecreasedby51.99%,netprofitdecreasedby48.73%,cashreceivedfromsellingcommoditiesandprovidinglaborservicesdecreasedby49.60%,thesub-totalcashoutflowfromoperatingactivitiesdecreasedby
28.17%,andthenetcashflowfromoperatingactivitiesdecreasedby139.74%,whichweremainlyduetothedecreasedproductsalesandsalesrevenueseriouslyinfluencedbytheCOVID-19epidemic;totaloperatingcostandoperatingcostdecreasedby53%and50.7%respectively,mainlyduetothedeclineinsalesvolume;thesalesexpensesdecreasedby68.55%,mainlyduetothecompany’sdecreasedmarketingactivitiesthatwereseverelyaffectedbytheCOVID-19epidemic;thefinancialexpensesincreasedby193.12%,mainlyduetothebankloansdiscountreceivedinthesameperiodoflastyearbutnointhisreportperiod.
2.Analysisexplanationofmajorissue’sprocess,influenceandsolution
?Available?NotavailableImplementationprogressofsharerepurchase?Available?NotavailableImplementationprogressofreducingorrepurchasingsharesbythewayofcentralizedbidding?Available?Notavailable
3.ThecommitmentsthattheCompany’sactualcontrollers,shareholders,relatedparties,
purchasers,theCompanyandotherrelatedpartiesdonotimplementcompletely
exceedingthetimelimitwithinreportperiod?Available?Notavailable
| Commitments | CommitmentParty | CommitmentType | Commitmentcontent | Commitmenttime | Commitmentperiod | Implementation |
| Commitmentsatsharereform | - | － | ||||
| Commitmentsmadeinacquisitionreportorequitychangesreport | - | - | - | - | ||
| Commitmentsatassetrestructuring | - | - | - | - | ||
| Commitmentsattheinitialpublicofferingorrefinancing | YantaiChangyuGroupCo.,Ltd. | Solvehorizontalcompetition | Non-horizontalcompetition | 1997.05.18 | Permanent | Hasbeenfulfillingthecommitment |
| YantaiChangyuGroupCo.,Ltd. | Definetheuseoftrademarkusefee | AccordingtoTrademarkLicenseContract,theannualtrademarkusefeeoftrademarksincluding“张裕”(Changyu)paidbytheCompanytoYantaiChangyuGroupCo.,Ltd.shouldbemainlyusedbyYantaiChangyuGroupCo.,Ltd.topublicizetrademarksincluding“张裕”(Changyu)andcontractualproducts. | 1997.05.18 | 1997.05.18to2019.04.04 | AccordingtoTrademarkLicenseContract,theannualtrademarkusefeechargedbyYantaiChangyuGroupCo.,Ltd.shouldbemainlyusedtopublicizetrademarksincluding“张裕”(Changyu)andcontractualproducts.Excepttheperiodfrom2013to2017whenYantaiChangyuGroupCo.,Ltd.didn’tstrictlyfulfillthecommitment,YantaiChangyuGroupCo.,Ltd.hasbeenfulfillingthecommitment. | |
| Equityincentivecommitments |
| CommitmentsmadetotheminorityshareholdersoftheCompany | YantaiChangyuGroupCo.,Ltd. | Compensatingunredeemedcommitment | TheCNY231,768,615thatwasnotusedforpublicityoftrademarksandcontractproductsaspromisedwillbeoffsetbythefour-yeartrademarkusefeefrom2019to2022.Ifinsufficient,theshortfallwouldbefilledinonetimein2023.Ifthereisanyexcess,theexcessportionofthetrademarkusefeewouldbecollectedfromtheyearwithexcessoccurrence. | 2019.04.04 | 2019.04.04to2023.12.31 | Hasbeenfulfillingthecommitment |
| Commitmentundertimelyimplementationornot | No | |||||
| Forcommitmentsthatexceedthetimelimitandarenotcompleted,specificreasonsofnotcompletingtheimplementationandthenextstep | AccordingtoTrademarkLicenseContract(hereafterreferredtoas“thisContract”),ChangyuGrouppromisedthattheannualtrademarkusefeepaidbytheCompanytoChangyuGroupwouldbemainlyusedbyChangyuGrouptopublicizethesetrademarksandcontractualproducts.However,theabove-mentioned"mainly"isnotaspecificnumber.Duringtheimplementationprocess,duetoinconsistentunderstanding,itiseasytocausedivergenceandleadstoproblems.From2013to2017,ChangyuGroupcollectedatotalofCNY420,883,902trademarkusefee,ofwhich51%wasusedtopublicizetrademarksincludingChangyuandcontractproductswithamountofCNY214,650,790.TheamounthasbeenusedtopublicizetrademarksincludingChangyuandcontractproductsisCNY50,025,181,withabalanceofCNY164,625,609.In2018and2019,thetrademarkusefeecollectedof2017and2018isCNY155,623,907,ofwhich51%isusedtopublicizetrademarksincludingChangyuandcontractproductswithamountofCNY79,368,193.TheamounthasbeenusedtopublicizetrademarksincludingChangyuandcontractproductsis | |||||
CNY12,225,187,withabalanceofCNY67,143,006.Since2013,theaccumulatedbalanceofChangyuGroupusingtopublicizetrademarksincludingChangyuandcontractproductsisCNY231,768,615.IfChangyuGroupisnotabletoimplementtheabove-mentionedcommitmentowingtovariousreasons,theCompanywilltimelysuperviseandurgeChangyuGrouptofulfillitscommitmentandrequestChangyuGrouptoraisefundsthroughbankloaning,assetssalesandequitysalesetc.inordertoimplementthecommitment.Bytheendof2019,theCompanyhasusedthetrademarkusefeeofCNY38,094,295,whichshallbepaidtoChangyuGroupin2019tosetoffagainsttheabovebalance;bytheendofthisreportingperiod,thebalanceoftrademarkusefeethatthisCompanycouldusetosetofftoChangyuGroupisCNY193,674,320.Fordetailedinformation,pleaserefertoAnnouncementofCommitmentIssuesofYantaiChangyuGroupCo.,Ltd.disclosedonApril4
th
,2019.
4.Situationofsecurityinvestment
?Available?NotavailableThereisnosecurityinvestmentduringthereportperiod.
5.EntrustedInvestment
?Available?NotavailableThereisnoentrustedinvestmentduringthereportperiod.
6.Situationofderivativeinvestment
?Available?NotavailableThereisnoderivativeinvestmentduringthereportperiod.
7.Theactivitiesregistrationformofreceptions,communicationandinterviewetc.during
thereportperiod?Available?NotavailableTherearenoactivitiesofreceptions,communicationandinterviewetc.duringthereportperiod.
8.Situationofillegalexternalguarantee
?Available?NotavailableThereisnoillegalexternalguaranteeduringthereportperiod.
9.Situationofnon-operatingfundoccupationofcontrollingshareholdersandrelatedparties
?Available?NotavailableThereisnonon-operatingfundoccupationofcontrollingshareholdersandrelatedpartiesduringthereportperiod.
IVFinancialStatements
1.FinancialStatements
1)Consolidatedbalancesheet
Preparation:YantaiChangyuPioneerWineCo.,Ltd.Unit:CNY
| Item | March31st,2020 | December31st,2019 |
| CurrentAssets： | ||
| Monetaryfund | 1,357,943,341 | 1,565,783,980 |
| Pettycash | ||
| Lendingfunds | ||
| Transactionalfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | ||
| Accountsreceivable | 232,296,773 | 266,218,153 |
| ReceivablesFinancing | 337,822,516 | 316,470,229 |
| Accountsprepaid | 67,133,372 | 67,707,537 |
| Premiumsreceivable | ||
| Reinsuranceaccountsreceivable | ||
| Receivablereservesforreinsurancecontract | ||
| Otherreceivables | 25,950,169 | 24,246,812 |
| Including:Interestreceivable | 449,266 | 148,927 |
| Dividendsreceivable | ||
| Buyingbackthesaleoffinancialassets | ||
| Inventory | 2,937,821,383 | 2,872,410,407 |
| Contractassets | ||
| Assetsclassifiedasholdingforsale | ||
| Non-currentassetsexpireinoneyear | ||
| Othercurrentassets | 240,803,606 | 267,424,938 |
| TotalCurrentAssets | 5,199,771,160 | 5,380,262,056 |
| Non-currentAssets： | ||
| Offeringloansandimprest | ||
| Debtinvestment | ||
| Otherdebtinvestment | ||
| Long-termaccountreceivable | ||
| Long-termequityinvestment | 43,476,178 | 43,981,130 |
| Investmentinotherequityinstrument | ||
| Othernon-currentfinancialassets |
| Realestateforinvestment | 28,920,958 | 29,714,586 |
| Fixedassets | 5,865,801,057 | 5,894,068,898 |
| Constructioninprogress | 621,599,900 | 567,478,833 |
| Biologicalassetsforproduction | 198,575,539 | 202,425,286 |
| Oilandgasassets | ||
| Right-of-useassets | ||
| Intangibleassets | 646,302,332 | 651,946,355 |
| Developmentexpenditure | ||
| Goodwill | 141,859,193 | 141,859,193 |
| Long-termdeferredexpenses | 274,212,143 | 277,595,408 |
| Deferredtaxassets | 239,290,853 | 264,926,503 |
| Othernon-currentassets | 187,981,697 | 193,674,320 |
| TotalNon-CurrentAssets | 8,248,019,850 | 8,267,670,512 |
| TotalAssets | 13,447,791,010 | 13,647,932,568 |
| Currentliabilities： | ||
| Short-termloan | 691,022,499 | 754,313,744 |
| BorrowingsfromtheCentralBank | ||
| Borrowingfunds | ||
| Transactionalfinancialliability | ||
| Derivativefinancialliabilities | ||
| Notespayable | ||
| Accountspayable | 552,989,893 | 570,252,612 |
| Advancesfromcustomers | 120,609,499 | |
| Contractliabilities | 123,372,585 | |
| Sales/buybackfinancialassets | ||
| Customerandinterbankdeposits | ||
| Actingtradingsecurities | ||
| Actingunderwritingsecurities | ||
| Wagepayable | 194,884,308 | 234,459,116 |
| Taxpayable | 172,919,622 | 375,169,971 |
| Otheraccountspayable | 325,552,930 | 450,532,485 |
| Including:Interestpayable | 1,603,064 | 758,047 |
| Dividendpayable | ||
| Payablehandlingfeesandcommission | ||
| Dividendpayableforreinsurance | ||
| Liabilitiesclassifiedasholdingforsale | ||
| Non-currentliabilitiesexpireinoneyear | 123,518,455 | 150,826,221 |
| Othercurrentliabilities | ||
| TotalCurrentLiabilities | 2,184,260,292 | 2,656,163,648 |
| Non-CurrentLiabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | 204,000,823 | 128,892,501 |
| Bondspayable |
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Leaseliability | ||
| Long-termaccountspayable | 169,000,000 | 191,000,000 |
| Long-termaccruedpayroll | ||
| Estimatedliabilities | ||
| Deferredincome | 66,161,819 | 70,701,288 |
| Deferredtaxliabilities | 13,486,479 | 14,691,424 |
| Othernon-currentliabilities | 7,645,777 | 7,645,777 |
| Totalnon-currentliabilities | 460,294,898 | 412,930,990 |
| Totalliabilities | 2,644,555,190 | 3,069,094,638 |
| Owner’sequity(orshareholders’equity): | ||
| Capitalstock | 685,464,000 | 685,464,000 |
| Otherequityinstruments | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Capitalreserve | 565,050,422 | 565,050,422 |
| Minus:treasurystock | ||
| Othercomprehensiveincome | -11,973,061 | -4,235,583 |
| Specialreserves | ||
| Surplusreserve | 342,732,000 | 342,732,000 |
| Generalriskpreparation | ||
| Undistributedprofits | 8,953,028,818 | 8,719,899,359 |
| Totalowner'sequityattributabletotheholdingcompany | 10,534,302,179 | 10,308,910,198 |
| Minorityinterests | 268,933,641 | 269,927,732 |
| Totalowner'sequity | 10,803,235,820 | 10,578,837,930 |
| Totalliabilitiesandowner'sequity | 13,447,791,010 | 13,647,932,568 |
Legalrepresentative:ZhouHongjiang;Personinchargeofaccounting:JiangJianxun;Personinchargeofaccountingorgan:GuoCuimei
2)Balancesheetofparentcompany
Unit:CNY
| Item | March31st,2020 | December31st,2019 |
| CurrentAssets： | ||
| Monetaryfund | 573,970,392 | 710,505,269 |
| Transactionalfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | ||
| Accountsreceivable | 1,005,195 | 1,988,326 |
| ReceivablesFinancing | 61,558,184 | 41,679,635 |
| Accountsprepaid | 776,539 | 776,539 |
| Otherreceivables | 398,120,944 | 586,424,958 |
| Including:Interestreceivable | 299,598 | 90,355 |
| Dividendsreceivable | 121,503,907 | 200,000,000 |
| Inventory | 489,003,304 | 434,007,808 |
| Contractassets | ||
| Assetsclassifiedasholdingforsale | ||
| Non-currentassetsexpireinoneyear | ||
| Othercurrentassets | 38,346,117 | 39,130,466 |
| TotalCurrentAssets | 1,562,780,675 | 1,814,513,001 |
| Non-currentAssets： | ||
| Debtinvestment | ||
| Otherdebtinvestment | ||
| Long-termaccountreceivable | ||
| Long-termequityinvestment | 7,432,422,620 | 7,432,422,620 |
| Investmentinotherequityinstrument | ||
| Othernon-currentfinancialassets | ||
| Realestateforinvestment | 28,920,958 | 29,714,586 |
| Fixedassets | 255,270,487 | 261,137,072 |
| Constructioninprogress | ||
| Biologicalassetsforproduction | 119,259,703 | 121,414,096 |
| Oilandgasassets | ||
| Right-of-useassets | ||
| Intangibleassets | 64,270,125 | 64,864,914 |
| Developmentexpenditure | ||
| Goodwill | ||
| Long-termdeferredexpenses | ||
| Deferredtaxassets | 15,619,247 | 16,255,870 |
| Othernon-currentassets | 1,527,700,000 | 1,427,700,000 |
| TotalNon-CurrentAssets | 9,443,463,140 | 9,353,509,158 |
| TotalAssets | 11,006,243,815 | 11,168,022,159 |
| Currentliabilities： | ||
| Short-termloan | 150,000,000 | 150,000,000 |
| Transactionalfinancialliability | ||
| Derivativefinancialliabilities | ||
| Notespayable | ||
| Accountspayable | 44,141,853 | 63,655,240 |
| Advancesfromcustomers | ||
| Contractliabilities | ||
| Wagepayable | 64,942,821 | 70,445,847 |
| Taxpayable | 929,580 | 6,052,456 |
| Otheraccountspayable | 533,165,191 | 660,149,563 |
| Including:Interestpayable | 160,890 | 181,250 |
| Dividendpayable |
| Liabilitiesclassifiedasholdingforsale | ||
| Non-currentliabilitiesexpireinoneyear | ||
| Othercurrentliabilities | ||
| TotalCurrentLiabilities | 793,179,445 | 950,303,106 |
| Non-CurrentLiabilities: | ||
| Long-termborrowings | ||
| Bondspayable | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Leaseliability | ||
| Long-termaccountspayable | ||
| Long-termaccruedpayroll | ||
| Estimatedliabilities | ||
| Deferredincome | 8,300,728 | 9,176,315 |
| Deferredtaxliabilities | ||
| Othernon-currentliabilities | 3,146,706 | 3,146,707 |
| Totalnon-currentliabilities | 11,447,434 | 12,323,022 |
| Totalliabilities | 804,626,879 | 962,626,128 |
| Owner’sequity(orshareholders’equity): | ||
| Capitalstock | 685,464,000 | 685,464,000 |
| Otherequityinstruments | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Capitalreserve | 557,222,454 | 557,222,454 |
| Minus:treasurystock | ||
| Othercomprehensiveincome | ||
| Specialreserves | ||
| Surplusreserve | 342,732,000 | 342,732,000 |
| Undistributedprofits | 8,616,198,482 | 8,619,977,577 |
| Totalowner'sequity | 10,201,616,936 | 10,205,396,031 |
| Totalliabilitiesandowner'sequity | 11,006,243,815 | 11,168,022,159 |
Unit:CNY
| Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
| 1.Revenue | 800,586,544 | 1,667,424,758 |
| Including:Operatingincome | 800,586,544 | 1,667,424,758 |
| Interestincome | ||
| Earnedpremium | ||
| Handlingfeesandcommissionincome | ||
| 2.Totaloperatingcosts | 501,275,026 | 1,066,576,146 |
| Including:Operatingcosts | 296,611,909 | 601,688,193 |
| Interestexpenditure | ||
| Handlingfeesandcommissionexpenditure | ||
| Premiumrebate | ||
| Netamountofindemnityexpenditure | ||
| Netamountofinsurancecontractreservefundwithdrawal | ||
| Policybonuspayment | ||
| Amortizedreinsuranceexpenditures | ||
| Taxesandsurcharges | 42,868,342 | 67,002,049 |
| Sellingexpenses | 100,167,854 | 318,512,447 |
| Administrativeexpenses | 58,450,503 | 81,023,493 |
| Researchanddevelopmentexpenditure | 717,857 | 990,219 |
| Financialexpenses | 2,458,561 | -2,640,255 |
| Including:Interestexpenses | 1,340,165 | 1,827,791 |
| Interestincome | 2,920,565 | 2,420,094 |
| Plus:Otherincome | 6,701,749 | 6,172,178 |
| Investmentprofit(lossislistedwith"-") | -504,952 | |
| Including:Investmentprofitforjoint-runbusinessandjointventure | -504,952 | |
| Terminationofrecognizedincomeoffinancialassetsmeasuredatamortizedcost(lossislistedwith"-") | ||
| Exchangeincome(lossislistedwith"-") | ||
| Netexposurehedgingincome(Lossislistedwith“-”) | ||
| Fairvaluechargeprofit(lossislistedwith"-") | ||
| Lossofcreditimpairment(lossislistedwith"-") | 4,879,060 | |
| Lossforimpairmentofassets(lossislistedwith"-") | 65,237 | 5,064,706 |
| Assetsdisposalincome(lossislistedwith"-") | 1,138 | |
| 3.Operatingprofit(lossislistedwith"-") | 310,452,612 | 612,086,634 |
| Plus:Non-operatingincome | 3,495,969 | 1,262,992 |
| Minus:Non-operatingexpenditure | 798,521 | 3,429 |
| 4.Totalprofits(totallossislistedwith"-") | 313,150,060 | 613,346,197 |
| Minus:Incometaxes | 79,402,353 | 157,428,397 |
| 5.Netprofit(netlossislistedwith"-") | 233,747,707 | 455,917,800 |
| （一）Classificationbycontinuousoperation | ||
| 1.Netprofitfromcontinuousoperation(netlossislistedwith"-") | ||
| 2.Netprofitfromterminationaloperation(netlossislistedwith"-") | ||
| (二)Classificationbyownership | ||
| 1.Netprofitsattributetoequityholdersofthecompany | 233,129,459 | 456,381,471 |
| 2.Minorityinterests | 618,248 | -463,671 |
| 6.Netvalueofothercomprehensiveincomeaftertax | -9,349,817 | -8,882,651 |
| 6.1Netvalueofothercomprehensiveincomeaftertaxofholdingcompany'sowners | -7,737,478 | -7,286,081 |
| 6.1.1Othercomprehensiveincomethatwillnotbeclassifiedintotheprofitandloss | ||
| 6.1.1.1Changesofthedefinedbenefitplansthatre-measured | ||
| 6.1.1.2Othercomprehensiveincomeunderequitymethodthatcannotbetransfertogain/loss | ||
| 6.1.1.3Changeoffairvalueofinvestmentinotherequityinstrument | ||
| 6.1.1.4Fairvaluechangeofenterprise'screditrisk | ||
| 6.1.1.5Other | ||
| 6.1.2Othercomprehensiveincomethatwillbeclassifiedintotheprofitandloss | -7,737,478 | -7,286,081 |
| 6.1.2.1Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss | ||
| 6.1.2.2Changeoffairvalueofotherdebtinvestment | ||
| 6.1.2.3Amountoffinancialassetsre-classifytoothercomprehensiveincome | ||
| 6.1.2.4Creditimpairmentprovisionforotherdebtinvestment | ||
| 6.1.2.5Cashflowhedgingreserve | ||
| 6.1.2.6Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements | -7,737,478 | -7,286,081 |
| 6.1.2.7Other | ||
| 6.2Netvalueofothercomprehensiveincomeaftertaxofminorityshareholders | -1,612,339 | -1,596,570 |
| 7.TotalcomprehensiveIncome | 224,397,890 | 447,035,149 |
| Totalcomprehensiveincomeofholdingcompany | 225,391,981 | 449,095,390 |
| Totalcomprehensiveincomeofminorityshareholders | -994,091 | -2,060,241 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | 0.34 | 0.67 |
| 8.2Dilutedearningspershare | 0.34 | 0.67 |
Duringthisreportperiod,theissuerelatestocompanyconsolidationundercommoncontrol,consolidatedpartycompletesnetprofitamountofCNY0beforebeingconsolidated,andconsolidatedpartycompletesnetprofitamountofCNY0inthesameperiodoflastyear.Legalrepresentative:ZhouHongjiang;Personinchargeofaccounting:JiangJianxun;Personinchargeofaccountingorgan:GuoCuimei
4)Profitstatementofparentcompany
Unit:CNY
| Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
| 1.Revenue | 80,885,723 | 242,003,808 |
| Minus:Operatingcosts | 75,083,735 | 213,607,081 |
| Taxesandsurcharges | 1,297,141 | 8,712,074 |
| Sellingexpenses | ||
| Administrativeexpenses | 18,193,114 | 20,122,062 |
| Researchanddevelopmentexpenditure | 186,498 | 219,892 |
| Financialexpenses | -6,073,212 | -4,343,667 |
| Including:Interestexpenses | -4,587,790 | -4,311,896 |
| Interestincome | 1,656,341 | 489,663 |
| Plus:Otherincome | 898,901 | 858,264 |
| Investmentprofit(lossislistedwith"-") | ||
| Including:Investmentprofitforjoint-runbusinessandjointventure | ||
| Terminationofrecognizedincomeoffinancialassetsmeasuredatamortizedcost(lossislistedwith"-") | ||
| Netexposurehedgingincome(Lossislistedwith“-”) | ||
| Fairvaluechargeprofit(lossislistedwith"-") | ||
| Lossofcreditimpairment(lossislistedwith"-") | -71,879 | |
| Lossforimpairmentofassets(lossislistedwith"-") | ||
| Assetsdisposalincome(lossislistedwith"-") | ||
| 2.Operatingprofit(lossislistedwith"-") | -6,974,531 | 4,544,630 |
| Plus:Non-operatingincome | 1,639,361 | 539,265 |
| Minus:Non-operatingexpenses | 25,000 | |
| 3.Totalprofits(totallossislistedwith"-") | -5,360,170 | 5,083,895 |
| Minus:Incometax | -1,581,075 | 1,410,940 |
| 4.Netprofit(netlossislistedwith"-") | -3,779,095 | 3,672,955 |
| 1.Netprofitfromcontinuousoperation(netlossislistedwith"-") | -3,779,095 | 3,672,955 |
| 2.Netprofitfromterminationaloperation(netlossislistedwith"-") | ||
| 5.Netvalueofothercomprehensiveincomeaftertax | ||
| 5.1Othercomprehensiveincomethatwillnotbeclassifiedintotheprofitandloss | ||
| 5.1.1Remeasurethechangesinnetassetsorliabilitiesofdefinedbenefitplans | ||
| 5.1.2Sharesofothercomprehensiveincomefrominvesteewhichcannotbereclassifiedintoprofitandlossundertheequitymethod | ||
| 5.1.3Changeoffairvalueofinvestmentinotherequityinstrument | ||
| 5.1.4Fairvaluechangeofenterprise'screditrisk |
| 5.1.5Other | ||
| 5.2Othercomprehensiveincomethatwillbeclassifiedintotheprofitandloss | ||
| 5.2.1Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss | ||
| 5.2.2Changeoffairvalueofotherdebtinvestment | ||
| 5.2.3Amountoffinancialassetsre-classifytoothercomprehensiveincome | ||
| 5.2.4Creditimpairmentprovisionforotherdebtinvestment | ||
| 5.2.5Cashflowhedgingreserve | ||
| 5.2.6Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements | ||
| 5.2.7Other | ||
| 6.Totalcomprehensiveincome | -3,779,095 | 3,672,955 |
| 7.Earningspershare | ||
| 7.1Basicearningspershare | -0.01 | 0.01 |
| 7.2Dilutedearningspershare | -0.01 | 0.01 |
Unit:CNY
| Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
| 1.Cashflowsfromoperatingactivities: | ||
| Cashreceivedfromsalesofgoodsandrendingofservices | 777,333,801 | 1,542,378,382 |
| Netincreaseincustomerandinterbankdeposits | ||
| Netincreaseinborrowingsfromcentralbank | ||
| Netincreaseinborrowingsfromotherfinancialinstitutions | ||
| Cashreceivedfromreceivinginsurancepremiumoforiginalinsurancecontract | ||
| Netcashreceivedfromreinsurancebusiness | ||
| Netincreaseofdepositofinsuredandinvestmentfund | ||
| Netincreaseindisposingoffinancialassetsthatmeasuredbyfairvaluewithchangesrecordedintothecurrentprofitandloss | ||
| Cashreceivedfromcollectinginterest,handlingfeesandcommission | ||
| Netincreaseinborrowings | ||
| Netincreaseinrepurchasementbusinessfunds | ||
| Taxrefundreceived | 9,399,269 | 9,948,082 |
| Othercashreceivedrelatedtooperatingactivities | 7,611,919 | 11,283,776 |
| Sub-totalofcashinflowsofoperatingactivities | 794,344,989 | 1,563,610,240 |
| Cashpaidforgoodsandservices | 330,117,098 | 461,343,969 |
| Netincreaseincustomerloansandadvances | ||
| Netincreaseindepositsincentralbankandinterbankdeposits | ||
| Cashpaidtooriginalinsurancecontractpayments |
| Netincreaseinlendingfunds | ||
| Cashpaidtointerest,handlingfeesandcommission | ||
| Cashpaidtopolicybonus | ||
| Cashpaidtoandonbehalfofemployees | 133,530,418 | 162,305,720 |
| Cashpaidfortaxesandexpenses | 356,905,177 | 401,268,381 |
| Othercashpaidrelatedtooperatingactivities | 90,892,241 | 244,013,828 |
| Sub-totalofcashoutflowsofoperatingactivities | 911,444,934 | 1,268,931,898 |
| Netcashflowfromoperatingactivities | -117,099,945 | 294,678,342 |
| 2.Cashflowfrominvestingactivities: | ||
| Cashreceivedfromreturnofinvestment | 0 | |
| Fixeddepositwiththetermofover3months | 32,200,000 | 26,755,750 |
| Cashreceivedfromobtaininginvestmentprofit | 0 | |
| Cashreceivedfrominterestincome | 697,156 | 484,857 |
| Cashreceivedfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | 146,938 | 21,379 |
| Netcashreceivedfromdisposalofbranchandotherbusinessunit | ||
| Othercashreceivedrelatedtoinvestingactivities | ||
| Sub-totalofcashinflowsofinvestmentactivities | 33,044,094 | 27,261,986 |
| Cashpaidtoacquirefixedassets,intangibleassetandotherlong-termassets | 49,322,227 | 114,280,901 |
| Cashforinvestments | 0 | |
| Fixeddepositwiththetermofover3months | 32,754,396 | 20,458,100 |
| Netincreaseinhypothecatedloan | ||
| Netcashpaidtoacquirebranchandotherbusinessunit | ||
| Othercashpaidrelatedtoinvestmentactivities | ||
| Subtotalofcashoutflowsofinvestmentactivities | 82,076,623 | 134,739,001 |
| Netcashflowfrominvestingactivities | -49,032,529 | -107,477,015 |
| 3.Cashflowfromfinancingactivities | ||
| Cashreceivedfromacquiringinvestment | ||
| Cashreceivedfromacquiringminorityshareholders'investmentbybranch | ||
| Cashreceivedfromacquiringloans | 164,447,222 | 78,214,913 |
| Cashreceivedfromissuingbonds | ||
| Sub-totalcashinflowsoffinancingactivities | 164,447,222 | 78,214,913 |
| Cashpaidtorepaydebts | 199,877,909 | 64,904,847 |
| Cashpaidtodistributedividend,profitorpayinterest | 6,678,347 | 8,203,612 |
| Dividendandprofitpaidtominorityshareholdersbybranch | ||
| Othercashpaidrelatedtofinancingactivities | ||
| Sub-totalofcashoutflowsoffinancingactivities | 206,556,256 | 73,108,459 |
| Netcashflowfromfinancingactivities | -42,109,034 | 5,106,454 |
| 4.Influencesofexchangeratefluctuationoncashandcashequivalents | -109,441 | -468,104 |
| 5.NetIncreaseofcashandcashequivalents | -208,350,949 | 191,839,677 |
| Plus:balanceatthebeginningoftheperiodofcashandcashequivalents | 1,365,772,675 | 1,206,860,334 |
| 6.Balanceattheendoftheperiodofcashandcashequivalents | 1,157,421,726 | 1,398,700,011 |
Unit:CNY
| Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
| 1.Cashflowsfromoperatingactivities: | ||
| Cashreceivedfromsalesofgoodsandrendingofservices | 115,544,590 | 171,139,612 |
| Taxrefundreceived | ||
| Othercashreceivedrelatedtooperatingactivities | 13,720,041 | 13,968,773 |
| Sub-totalofcashinflowsofoperatingactivities | 129,264,631 | 185,108,385 |
| Cashpaidforgoodsandservices | 122,591,995 | 115,043,734 |
| Cashpaidtoandonbehalfofemployees | 17,199,260 | 28,667,432 |
| Cashpaidfortaxesandexpenses | 4,853,193 | 17,016,423 |
| Othercashpaidrelatedtooperatingactivities | 101,579,010 | 75,568,493 |
| Sub-totalofcashoutflowsofoperatingactivities | 246,223,458 | 236,296,082 |
| Netcashflowfromoperatingactivities | -116,958,827 | -51,187,697 |
| 2.Cashflowfrominvestingactivities: | ||
| Cashreceivedfromreturnofinvestment | ||
| Fixeddepositwiththetermofover3months | 12,200,000 | |
| Cashreceivedfromobtaininginvestmentprofit | 82,099,880 | 347,863,838 |
| Cashreceivedfrominterestincome | 142,759 | |
| Cashreceivedfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | ||
| Netcashreceivedfromdisposalofbranchandotherbusinessunit | ||
| Othercashreceivedrelatedtoinvestingactivities | ||
| Sub-totalofcashinflowsofinvestmentactivities | 94,442,639 | 347,863,838 |
| Cashpaidtoacquirefixedassets,intangibleassetandotherlong-termassets | 556,491 | 8,209,927 |
| Cashforinvestments | 13,000,000 | |
| Fixeddepositwiththetermofover3months | 12,200,000 | 12,200,000 |
| Netcashpaidtoacquirebranchandotherbusinessunit | ||
| Othercashpaidrelatedtoinvestmentactivities | 100,000,000 | |
| Subtotalofcashoutflowsofinvestmentactivities | 112,756,491 | 33,409,927 |
| Netcashflowfrominvestingactivities | -18,313,852 | 314,453,911 |
| 3.Cashflowfromfinancingactivities | ||
| Cashreceivedfromacquiringinvestment | ||
| Cashreceivedfromacquiringloans | ||
| Othercashreceivedrelatedtofinancingactivities | ||
| Sub-totalcashinflowsoffinancingactivities |
| Cashpaidtorepaydebts | ||
| Cashpaidtodistributedividend,profitorpayinterest | 1,411,688 | 1,631,250 |
| Othercashpaidrelatedtofinancingactivities | ||
| Sub-totalofcashoutflowsoffinancingactivities | 1,411,688 | 1,631,250 |
| Netcashflowfromfinancingactivities | -1,411,688 | -1,631,250 |
| 4.Influencesofexchangeratefluctuationoncashandcashequivalents | ||
| 5.NetIncreaseofcashandcashequivalents | -136,684,367 | 261,634,964 |
| Plus:balanceatthebeginningoftheperiodofcashandcashequivalents | 623,116,542 | 532,384,882 |
| 6.Balanceattheendoftheperiodofcashandcashequivalents | 486,432,175 | 794,019,846 |
1)Relevantsituationsofadjustmentinfinancialstatementatthebeginningof2020whenthenewrevenuestandardsandnewleasestandardsarefirstimplemented?Available?NotavailableConsolidatedbalancesheet
Unit:CNY
| Item | December31st,2019 | January1st,2020 | Adjustment |
| CurrentAssets： | |||
| Monetaryfund | 1,565,783,980 | 1,565,783,980 | |
| Pettycash | |||
| Lendingfunds | |||
| Transactionalfinancialassets | |||
| Derivativefinancialassets | |||
| Notesreceivable | |||
| Accountsreceivable | 266,218,153 | 266,218,153 | |
| ReceivablesFinancing | 316,470,229 | 316,470,229 | |
| Accountsprepaid | 67,707,537 | 67,707,537 | |
| Premiumsreceivable | |||
| Reinsuranceaccountsreceivable | |||
| Receivablereservesforreinsurancecontract | |||
| Otherreceivables | 24,246,812 | 24,246,812 | |
| Including:Interestreceivable | 148,927 | 148,927 | |
| Dividendsreceivable | |||
| Buyingbackthesaleoffinancialassets | |||
| Inventory | 2,872,410,407 | 2,872,410,407 | |
| Contractassets | |||
| Assetsclassifiedasholdingforsale |
| Non-currentassetsexpireinoneyear | |||
| Othercurrentassets | 267,424,938 | 267,424,938 | |
| TotalCurrentAssets | 5,380,262,056 | 5,380,262,056 | |
| Non-currentAssets： | |||
| Offeringloansandimprest | |||
| Debtinvestment | |||
| Otherdebtinvestment | |||
| Long-termaccountreceivable | |||
| Long-termequityinvestment | 43,981,130 | 43,981,130 | |
| Investmentinotherequityinstrument | |||
| Othernon-currentfinancialassets | |||
| Realestateforinvestment | 29,714,586 | 29,714,586 | |
| Fixedassets | 5,894,068,898 | 5,894,068,898 | |
| Constructioninprogress | 567,478,833 | 567,478,833 | |
| Biologicalassetsforproduction | 202,425,286 | 202,425,286 | |
| Oilandgasassets | |||
| Right-of-useassets | |||
| Intangibleassets | 651,946,355 | 651,946,355 | |
| Developmentexpenditure | |||
| Goodwill | 141,859,193 | 141,859,193 | |
| Long-termdeferredexpenses | 277,595,408 | 277,595,408 | |
| Deferredtaxassets | 264,926,503 | 264,926,503 | |
| Othernon-currentassets | 193,674,320 | 193,674,320 | |
| TotalNon-CurrentAssets | 8,267,670,512 | 8,267,670,512 | |
| TotalAssets | 13,647,932,568 | 13,647,932,568 | |
| Currentliabilities： | |||
| Short-termloan | 754,313,744 | 754,313,744 | |
| BorrowingsfromtheCentralBank | |||
| Borrowingfunds | |||
| Transactionalfinancialliability | |||
| Derivativefinancialliabilities | |||
| Notespayable | |||
| Accountspayable | 570,252,612 | 570,252,612 | |
| Advancesfromcustomers | 120,609,499 | -120,609,499 | |
| Contractliabilities | 106,734,070 | 106,734,070 | |
| Sales/buybackfinancialassets | |||
| Customerandinterbankdeposits | |||
| Actingtradingsecurities | |||
| Actingunderwritingsecurities | |||
| Wagepayable | 234,459,116 | 234,459,116 | |
| Taxpayable | 375,169,971 | 389,045,400 | 13,875,429 |
| Otheraccountspayable | 450,532,485 | 450,532,485 |
| Including:Interestpayable | 758,047 | 758,047 |
| Dividendpayable | ||
| Payablehandlingfeesandcommission | ||
| Dividendpayableforreinsurance | ||
| Liabilitiesclassifiedasholdingforsale | ||
| Non-currentliabilitiesexpireinoneyear | 150,826,221 | 150,826,221 |
| Othercurrentliabilities | ||
| TotalCurrentLiabilities | 2,656,163,648 | 2,656,163,648 |
| Non-CurrentLiabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | 128,892,501 | 128,892,501 |
| Bondspayable | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Leaseliability | ||
| Long-termaccountspayable | 191,000,000 | 191,000,000 |
| Long-termaccruedpayroll | ||
| Estimatedliabilities | ||
| Deferredincome | 70,701,288 | 70,701,288 |
| Deferredtaxliabilities | 14,691,424 | 14,691,424 |
| Othernon-currentliabilities | 7,645,777 | 7,645,777 |
| Totalnon-currentliabilities | 412,930,990 | 412,930,990 |
| Totalliabilities | 3,069,094,638 | 3,069,094,638 |
| Owner’sequity(orshareholders’equity): | ||
| Capitalstock | 685,464,000 | 685,464,000 |
| Otherequityinstruments | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Capitalreserve | 565,050,422 | 565,050,422 |
| Minus:treasurystock | ||
| Othercomprehensiveincome | -4,235,583 | -4,235,583 |
| Specialreserves | ||
| Surplusreserve | 342,732,000 | 342,732,000 |
| Generalriskpreparation | ||
| Undistributedprofits | 8,719,899,359 | 8,719,899,359 |
| Totalowner'sequityattributabletotheholdingcompany | 10,308,910,198 | 10,308,910,198 |
| Minorityinterests | 269,927,732 | 269,927,732 |
| Totalowner'sequity | 10,578,837,930 | 10,578,837,930 |
| Totalliabilitiesandowner'sequity | 13,647,932,568 | 13,647,932,568 |
Balancesheetofparentcompany
Unit:CNY
| Item | December31st,2019 | January1st,2020 | Adjustment |
| CurrentAssets： | |||
| Monetaryfund | 710,505,269 | 710,505,269 | |
| Transactionalfinancialassets | |||
| Derivativefinancialassets | |||
| Notesreceivable | |||
| Accountsreceivable | 1,988,326 | 1,988,326 | |
| ReceivablesFinancing | 41,679,635 | 41,679,635 | |
| Accountsprepaid | 776,539 | 776,539 | |
| Otherreceivables | 586,424,958 | 586,424,958 | |
| Including:Interestreceivable | 90,355 | 90,355 | |
| Dividendsreceivable | 200,000,000 | 200,000,000 | |
| Inventory | 434,007,808 | 434,007,808 | |
| Contractassets | |||
| Assetsclassifiedasholdingforsale | |||
| Non-currentassetsexpireinoneyear | |||
| Othercurrentassets | 39,130,466 | 39,130,466 | |
| TotalCurrentAssets | 1,814,513,001 | 1,814,513,001 | |
| Non-currentAssets： | |||
| Debtinvestment | |||
| Otherdebtinvestment | |||
| Long-termaccountreceivable | |||
| Long-termequityinvestment | 7,432,422,620 | 7,432,422,620 | |
| Investmentinotherequityinstrument | |||
| Othernon-currentfinancialassets | |||
| Realestateforinvestment | 29,714,586 | 29,714,586 | |
| Fixedassets | 261,137,072 | 261,137,072 | |
| Constructioninprogress | |||
| Biologicalassetsforproduction | 121,414,096 | 121,414,096 | |
| Oilandgasassets | |||
| Right-of-useassets | |||
| Intangibleassets | 64,864,914 | 64,864,914 | |
| Developmentexpenditure | |||
| Goodwill | |||
| Long-termdeferredexpenses | |||
| Deferredtaxassets | 16,255,870 | 16,255,870 | |
| Othernon-currentassets | 1,427,700,000 | 1,427,700,000 |
| TotalNon-CurrentAssets | 9,353,509,158 | 9,353,509,158 |
| TotalAssets | 11,168,022,159 | 11,168,022,159 |
| Currentliabilities： | ||
| Short-termloan | 150,000,000 | 150,000,000 |
| Transactionalfinancialliability | ||
| Derivativefinancialliabilities | ||
| Notespayable | ||
| Accountspayable | 63,655,240 | 63,655,240 |
| Advancesfromcustomers | ||
| Contractliabilities | ||
| Wagepayable | 70,445,847 | 70,445,847 |
| Taxpayable | 6,052,456 | 6,052,456 |
| Otheraccountspayable | 660,149,563 | 660,149,563 |
| Including:Interestpayable | 181,250 | 181,250 |
| Dividendpayable | ||
| Liabilitiesclassifiedasholdingforsale | ||
| Non-currentliabilitiesexpireinoneyear | ||
| Othercurrentliabilities | ||
| TotalCurrentLiabilities | 950,303,106 | 950,303,106 |
| Non-CurrentLiabilities: | ||
| Long-termborrowings | ||
| Bondspayable | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Leaseliability | ||
| Long-termaccountspayable | ||
| Long-termaccruedpayroll | ||
| Estimatedliabilities | ||
| Deferredincome | 9,176,315 | 9,176,315 |
| Deferredtaxliabilities | ||
| Othernon-currentliabilities | 3,146,707 | 3,146,707 |
| Totalnon-currentliabilities | 12,323,022 | 12,323,022 |
| Totalliabilities | 962,626,128 | 962,626,128 |
| Owner’sequity(orshareholders’equity): | ||
| Capitalstock | 685,464,000 | 685,464,000 |
| Otherequityinstruments | ||
| PreferredStock | ||
| Perpetualcapitalsecurities | ||
| Capitalreserve | 557,222,454 | 557,222,454 |
| Minus:treasurystock | ||
| Othercomprehensiveincome | ||
| Specialreserves | ||
| Surplusreserve | 342,732,000 | 342,732,000 |
| Undistributedprofits | 8,619,977,577 | 8,619,977,577 |
| Totalowner'sequity | 10,205,396,031 | 10,205,396,031 |
| Totalliabilitiesandowner'sequity | 11,168,022,159 | 11,168,022,159 |
2)Explanationonretrospectiveadjustmentsinthepreviouscomparisondataforthefirstimplementationofnewrevenuestandardsandnewleasestandardsatthebeginningof2020?Available?Notavailable
3.Auditreport
Whetherthefirstquarterreporthasbeenaudited.
?
Yes
?
No
Thefirstquarterreporthasnotbeenaudited.
YantaiChangyuPioneerWineCo.,Ltd.
BoardofDirectors
April29
th
,2020