2019
StockCode:000613,200613ShortFormoftheStock:Dadonghai-A,Dadonghai-B
海南大东海旅游中心股份有限公司
HainanDadonghaiTourismCentre(Holdings)Co.,Ltd.
TheFirstQuarterlyReport2019
(FullText)
DisclosureDate:25April2019
2019
SectionI.ImportantNotice
BoardofDirectorsandtheSupervisoryCommitteeofHainanDadonghaiTourismCentre(Holdings)Co.,Ltd.(hereinafterreferredtoastheCompany)anditsdirectors,supervisorsandseniorexecutivesshouldguaranteethereality,accuracyandcompletionofthequarterlyreport,therearenoanyfictitiousstatements,misleadingstatementsorimportantomissionscarriedinthisreport,andshalltakelegalresponsibilities,individualand/orjoint.AllDirectorsareattendedtheBoardMeetingforQuarterlyReportdeliberationYuanXiaoping,PersoninchargeoftheCompany,FuZongren,personinchargeofaccountingworksandFuZongren,personinchargeofaccountingorgan(accountingofficer)herebyconfirmthattheFinancialReportofthisQuarterlyReportisauthentic,accurateandcomplete.
2019
SectionII.CompanyInformation
I.Mainaccountingdataandfinancialindexes
Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot□Yes√No
CurrentPeriod
Sameperiodoflastyear
Changesofthisperiodoversame
periodoflastyearOperatingincome(RMB)
9,293,216.589,888,991.83-6.02%Netprofitattributabletoshareholdersofthelistedcompany(RMB)
1,572,029.881,973,425.41-20.34%Netprofitattributabletoshareholdersofthelistedcompanyafterdeductingnon-recurringgainsandlosses(RMB)
1,572,029.881,973,903.39-20.36%Netcashflowarisingfromoperatingactivities(RMB)
1,436,500.572,610,752.65-44.98%Basicearningspershare(RMB/Share)
0.00430.0054-20.37%Dilutedearningspershare(RMB/Share)
0.00430.0054-20.37%WeightedaverageROE
2.00%2.53%-0.53%Attheendofthereporting
period
Attheendof
lastyear
Changesofthisperiod-endoversameperiod-endoflastyear(%)Totalassets(RMB)
88,964,065.6288,197,118.070.87%Netassetsattributabletoshareholderoflistedcompany(RMB)
79,360,726.1777,788,696.292.02%Itemsofnon-recurringgainsandlosses□Applicable√NotapplicableNoitemsofnon-recurringgainsandlossesintheperiod
II.Totalnumberofshareholdersattheendofthisreportperiodandtoptenshareholders
1.Commonandpreferredstockholderswithvotingrightsrecoverandthetoptenshare-holding
InShareTotalcommonshareholdersattheendofreportperiod
37,915
Totalpreferredstockholderswithvotingrightsrecoverattheendofreportperiod
ToptenshareholdersShareholder’sname
Natureof
shareholder
Proportionofshares
Amountofsharesheld
Amount
of
Numberofshare
pledged/frozen
2019
held
restricted
shares
held
State
ofshare
Amount
LuoniushanCo.,Ltd.
Domesticnon-state-ownedlegalperson
17.55%63,885,9800Pledge63,885,980YangMeiqin
Domesticnatureperson
4.47%16,279,0280PanAnjie
Domesticnatureperson
4.01%14,593,5980HainanYaAnJuPropertyServiceCo.,Ltd.
Domesticnon-state-ownedlegalperson
2.25%8,205,8000ChenJinlian
Domesticnatureperson
2.13%7,766,4000HGNHInternationalAssetManagementCo.,Ltd–customerdeposit
Overseaslegalperson
1.23%4,495,9020PanAiping
Domesticnatureperson
1.13%4,110,7380ZhangFengxiu
Domesticnatureperson
1.07%3,901,3720ChinaInvestmentSecurities(HK)Co.,Ld.–customerdeposit
Overseaslegalperson
0.99%3,622,3000ShenwanHongyuan(H.K.)Limited
Overseaslegalperson
0.84%3,056,3900ToptenshareholderswithunrestrictedsharesheldShareholder’sname
Amountofunlimited
sharesheld
TypeofsharesTypeAmountLuoniushanCo.,Ltd.63,885,980RMBcommonshare63,885,980YangMeiqin16,279,028Domesticallylistedforeignshare16,279,028PanAnjie14,593,598Domesticallylistedforeignshare14,593,598HainanYaAnJuPropertyServiceCo.,Ltd.8,205,800RMBcommonshare8,205,800ChenJinlian7,766,400Domesticallylistedforeignshare7,766,400HGNHInternationalAssetManagementCo.,Ltd–customerdeposit
4,495,902RMBcommonshare4,495,902PanAiping4,110,738Domesticallylistedforeignshare4,110,738ZhangFengxiu3,901,372RMBcommonshare3,901,372
2019
ChinaInvestmentSecurities(HK)Co.,Ld.–customerdeposit
3,622,300RMBcommonshare3,622,300ShenwanHongyuan(H.K.)Limited3,056,390Domesticallylistedforeignshare3,056,390
Explanationonassociatedrelationshipamongtheaforesaidshareholders
Amongtheabovementionedshareholders,HainanYaAnJuPropertyServiceCo.,Ltd.isthewholly-ownedsubsidiaryofLuoniushanCo.,Ltd.;YangMeiqin,PanAnjie,ChenJinlianandPanAipingarethepersonsactinginconcert;theCompanyisunknownwhetherthereexistsassociatedrelationshiporbelongstotheconsistentactorregulatedbytheManagementMeasureofInformationDisclosureonChangeofShareholdingforListedCompanyamongtheothershareholders.Explanationontop10commonshareholdersinvolvingmarginbusiness
N/AWhethertoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldhaveabuy-backagreementdealinginreportingperiod□Yes√NoThetoptencommonshareholdersortoptencommonshareholderswithun-restrictsharesheldoftheCompanyhavenobuy-backagreementdealinginreportingperiod.
2.TotalshareholderswithpreferredstockheldatPeriod-endandsharesheldbytoptenshareholderswithpreferredstockheld
□Applicable√Notapplicable
2019
SectionIII.SignificantEvents
I.Particularsaboutmaterialchangesinitemsofmainaccountingstatementandfinancialindexandexplanationsofreasons
√Applicable□Notapplicable
InRMB
ItemsofbalancesheetsCurrentperiod
Sameperiodoflastyear
+.-Changes
ratio(%)
ReasonsNotereceivableandaccountreceivable547,588.58426,434.8728.41%ChangeofnormalsettlementAccountpaidinadvance111,708.57100.00%TheaccountpaidinadvancefordesignchargeOtheraccountreceivable1,037,439.12458,242.73126.40%TheloansandutilitiesreadyforsettlementincreasedWagespayable2,185,830.542,841,262.35-23.07%AnnualbonusdeliveredTaxespayable685,716.52458,242.3552.09%TheVATinputtaxreadyforsettlementincreased
ItemsofprofitstatementCurrentperiod
Sameperiodoflastyear
+.-Changes
ratio(%)
ReasonsTaxesandsurcharge203,974.74387,097.33-47.31%
Implementationofthetaxreductionpolicy
governmentItemsofcashflowstatementCurrentperiod
Sameperiodoflastyear
+.-Changes
ratio(%)
ReasonsVarytaxespaid670,948.53960,722.59-43.19%
Implementationofthetaxreductionpolicy
fromfrom
governmentCashpaidforpurchasingfixedassets,intangible
fromassets
andotherlong-termassets
217,337.36763,739.59-251.41%
Thecardinalnumberofengineeringaccountpaid
| assets | at |
sameperiodoflastyearishigher
II.Progressofimportanteventsanditsinfluenceaswellastheanalysisonsolutions
√Applicable□Notapplicable
Overview
Disclosure
date
Inquiryindexfortheannouncement
releasedTheLawyer’sLetterreceivedfromSanyaPowerBureau:bypreliminaryaccountingfromSanyaPowerBureau,the10313373KwhelectricitywasunderstatedunderthenameofSouthChinaHotelfromJuly2006toApril2016.TheCompanyiscommunicatedandnegotiateswithSanyaPowerBureauintheabovementionedeventwithoutnegotiationresultssofar.
2016-05-31
The“NoticeofLawyer’sLetterreceivedbyHainanDadonghaiTourismCenter(Holdings)Co.,Ltd.”(NoticeNo.:2016-016)releasedonSecuritiesTimes,HongKongCommercialDailyandJuchaoWebsiteThecompanyreceivedtheLawyer’sLetterfromHainanCinda:MaincontentsoftheLawyer’sLetter:thefinancialloandisputebetweenthecompany’sjointstockcompany,HainanDadonghaiTourismCenter(Holdings)Co.,Ltd.
2018-08-10
theAnnouncementofHainanDadonghaiTourismCenter(Holdings)Co.,Ltd.onReceivingtheLawyer’s
2019
(hereinafterreferredtoas“DadonghaiHoldings”),anditsoriginalcreditor,ChinaConstructionBankSanyaBranch(hereinafterreferredtoas“CCBSanyaBranch”),itsnewcreditorChinaCindaAssetManagementCo.,Ltd.HainanBranch(hereinafterreferredtoas“HainanCinda”)currentlymakestherighttorecover,thetwodebtsincludetheprincipalof1.1millionYuanandinterestof5,598,300YuantemporarilycalculatedtoApril30,2018,totaling6,698,300Yuanandtheprincipalof5millionYuanandinterestof29,311,700YuantemporarilycalculatedtoApril30,2018,totaling34,311,700Yuan.IfDadonghaiHoldingsisincapableofhandlingtheliquidation,HainanCindawillclaimthatthecompanyshouldbejointlyandseverallyliablefortheabovedebtsofDadonghaiHoldings.Progressoftheeventfoundmoreinmajorlawsuitsitem.
LetterthatthecompanypublishedonSecuritiesTimes,HongKongCommercialDailyand
www.cninfo.com.cn(Announcement
No.:2018-052)
Significantlitigation:Theplaintiff,ChinaCindaAssetManagementCo.,Ltd.HainanBranch,suedthedefendants,HainanDadonghaiTourismCenter(Holdings)Co.,Ltd.andSanyaYueyaRealEstateDevelopmentCorporation,forafinancialloancontractdispute,appealingtoHainanDadonghaiTourismCenter(Holdings)Co.,Ltd.torepaytheloanof5millionYuanandtheloaninterestof29,311,700YuantemporarilycalculatedtoApril30,2018,SanyaYueyaRealEstateDevelopmentCorporationassumesthejointandseveralliability,andthetwodefendantsbearlitigationcosts.Inthecourseofthelitigation,theplaintiffaddedthecompanyasaco-defendantandrequiredthecourttoorderthecompanytoassumejointandseveralliabilityfortheabovedebtsofHainanDadonghaiTourismCenter(Holdings)Co.,Ltd.Astheabovementionedcaseswithprincipalof5millionyuanconcerned,duetotheCivilJudgment(2018)No.Q02MC76fromtheIntermediatePeople’sCourtSanya.ThejudgmentdismissedtheclaimoftheplaintiffChinaCindaAssetManagementCo.,Ltd.HainanBranch,andthecaseacceptancefeeandpropertypreservationapplicationfeewerebornebyChinaCindaAssetManagementCo.,Ltd.HainanBranch.TheplaintiffHainanCindarefusedtoacceptthefirstinstancejudgmentandappealedtoHainanHigherPeople’sCourt.On28March2019,inlinewiththeCivilJudgment(2019)QMZNo.96fromHainanHigherPeople’sCourt:Rejecttheappealandupholdtheoriginalverdict;thefeesforacceptingsecondinstancecaseswillpaidbyHainanCinda;thisisafinaljudgment.Asforthecaseswithprincipalof1.1millionyuan,itisreportedthattheplaintiff,HainanCindahaswithdrawnhislawsuit.
2018-11-22
TheAnnouncementontheSignificantLitigationthatthecompanypublishedonSecuritiesTimes,HongKongCommercialDailyand
www.cninfo.com.cn(Announcement
No.:2018-061).
2019-01-05
AnnouncementontheProgressofSignificantLitigationthatthecompanypublishedonSecuritiesTimes,HongKongCommercialDailyand
www.cninfo.com.cn(Announcement
No.:2019-001)
2019-01-31
AnnouncementontheProgressofSignificantLitigationthatthecompanypublishedonSecuritiesTimes,HongKongCommercialDailyand
www.cninfo.com.cn(Announcement
No.:2019-003)
2019-04-02
AnnouncementontheProgressofSignificantLitigationthatthecompanypublishedonSecuritiesTimes,HongKongCommercialDailyand
www.cninfo.com.cn(Announcement
No.:2019-013)Progressofimplementationofsharesrepurchase□Applicable√NotapplicableImplementationprogressofthereductionofrepurchasessharesbycentralizedbidding□Applicable√Notapplicable
2019
III.CommitmentscompletedinPeriodandthosewithoutcompletedtillendofthePeriodfromactualcontroller,shareholders,relatedparties,purchaserandcompanies
√Applicable□Notapplicable
Commitments
Accept
er
TypeContents
Commi
tmenttime
Commitm
entperio
d
Impleme
ntation
ShareMergerReform
LuoniushanCo.,Ltd.
ShareMergerReform
OnMay30,2007,LuoniushanCo.,Ltd.madecommitmentsintheCompany’s"Instructionsforreformofnon-tradableshares"(Revision)and"Instructionsforreformofnon-tradableshares"(Abstractofrevision)thatinviewofDadonghaiCompany’slossesinsuccessiveyearsandonthevergeofdelisting,inordertoreversethecompany'sbusinessdifficulties,improveprofitabilityandrecoverthecontinuousbusinesscapacity,LuoniushanCo.,Ltd.,thecontrollingshareholderofDadonghaiCompanymadecommitmentstoactivelyseekrestructuringpartiestoreorganizetheassetsofDadonghaiCompanyattheappropriatetime.
2017-06-27
months
Theoriginalplanformajorassetsreorganizationhasbeenterminated
CommitmentsinreportofacquisitionorequitychangeCommitmentsinassetsreorganizationCommitmentsmakeininitialpublicofferingorre-financingEquityincentivecommitmentOthercommitmentsformediumandsmallshareholdersCompletedontime(Y/N)NIfthecommitmentsisnotfulfilledontime,shallexplainthespecifyreasonandthenextworkplan
StockoftheCompanysuspendedsince15Feb.2017forLuoniushanplanningtofulfillthecommitments.On13August2017,the12proposalsincluding“proposalofmajorassetsacquisitionunderthenameofHainanDadonghaiTourismCenterCo.,Ltd.andReportonRelatedTransactions(Pre-plan)”arenotapprovedbythe11
th
extraordinarymeetingof8
th
BOD.On15Aug.2017,theCompanyreleasedaNoticetoterminatethemajorassetsreorganizationandstockresumptionon17August.
2019
On4December2017,the“proposalofChangethecommitmentperiodbyfirstmajorityshareholder”wasapprovedbytheBoardandsupervisorycommittee.LuoniushanCo.,Ltd.–thefirstmajorityshareholderoftheCompany,planstoextendthecommitmentperiodfor2yearssince27Dec.2017,thatisendofthereorganizationcommitmentchangedto26December2019.andthe4
th
extraordinaryshareholdersgeneralmeeting2017hasapprovedtheabovementionedproposaldated22Dec.2017OnJanuary31,2018,thecompanyreceivedtheNoticeonPlanningforSuspensionofMajorEventssentbyLuoniushanCo.,Ltd.,thecompany’slargestshareholder,toplanandpreparethemajorissuesrelatedtothecompany.Uponapplicationbythecompany,thecompany’sstock(stockshortname:DadonghaiA,DadonghaiB,stockcode:000613,200613)wassuspendedsincetheopeningonJanuary31,2018.Uponapplicationbythecompany,thecompany’sstockresumedtradingonFebruary8,2018,andwastransferredtothemajorassetrestructuringsincetheopeningonFebruary14,2018.OnJune25,2018,thecompanyheldthethirdinterimmeetingoftheninthboardofdirectorswhichreviewedandapprovedtheProposalonTerminatingthePlanningforMajorAssetRestructuring.Aftercarefulstudy,theboardofdirectorsofthecompanydecidedtoterminatetheplanningforthismajorassetrestructuring.
IV.PredictofthebusinessperformancefromJanuarytoJune2018
Warningsandreasonsofthepredictthatthecumulativenetprofitfromthebeginoftheyeartotheendofnextreportperiodmaybelossorhavegreatchangescomparingwiththesameperiodoflastyear□Applicable√Notapplicable
V.SecuritiesInvestment
□Applicable√NotapplicableTheCompanyhasnosecuritiesinvestmentoccurredinthePeriod
VI.Derivativeinvestment
□Applicable√NotapplicableNoderivativeinvestmentinthePeriod.
VII.Registrationformforreceivingresearch,communicationandinterviewinthereportperiod
√Applicable□Notapplicable
DateMethod
Typeofinvestors
Indexfortheinterviewandresearch2019-01-10
Telephonecommunication
Individual
InvestorMr./Ms.WangfromShenzhen,askingabouttheoperationperformanceof2018withoutmaterialrequired2019-02-22
Telephonecommunication
Individual
InvestorMr./Ms.ZhangfromShanghai,askingabouttheoperationperformanceof2018andtimeofannualreportreleased,andwithoutmaterialrequired2019-03-19TelephoneIndividualInvestorMr./Ms.LinfromBeijing,askingabouttheoperationperformanceof
2019
communication
2018andperformanceofthefirstquarterwithoutmaterialrequired
VIII.Externalsecurityagainsttherules
□Applicable√NotapplicableTheCompanyhasnoexternalsecurityagainsttherulesinthePeriod
IX.Controllingshareholders'anditsrelatedparty'snon-businesscapitaloccupyingofthelistedcompany
□Applicable√NotapplicableTherearenocontrollingshareholders'anditsrelatedparty'snon-businesscapitaloccupyingofthelistedcompany
2019
SectionIV.FinancialStatement
I.Financialstatement
1.Balancesheet
PreparedbyHAINANDADONGHAITOURISMCENTER(HOLDINGS)CO.,LTD.
InRMBItem2019-3-312018-12-31Currentassets:
Monetaryfund16,590,245.8715,364,355.30SettlementprovisionsCapitallentTradablefinancialassetsFinancialassetsmeasuredbyfairvalueandwithvariationreckonedintocurrentgains/losses
DerivativefinancialassetsNotereceivableandaccountreceivable547,588.58426,434.87
Including:Notesreceivable
Accountsreceivable547,588.58426,434.87Accountpaidinadvance111,708.57InsurancereceivableReinsurancereceivablesContractreserveofreinsurancereceivableOtheraccountreceivable1,037,439.12458,242.73
Including:Interestreceivable
DividendsreceivableBuyingbackthesaleoffinancialassetsInventories200,282.44221,390.19ContractualassetsAssetsheldforsaleNon-currentassetsmaturingwithinoneyearOthercurrentassets1,946,568.311,846,219.79Totalcurrentassets20,433,832.8918,316,642.88
2019
Non-currentassets:
LoansandpaymentsonbehalfDebtinvestmentAvailable-for-salefinancialassetsOtherdebtinvestmentHeld-to-maturityinvestmentsLong-termreceivablesLong-termequityinvestmentsInvestmentinotherequityinstrumentOthernon-currentfinancialassetsInvestmentrealestate8,265,849.548,384,480.43Fixedassets35,770,411.5336,497,869.65ConstructioninprogressProductivebiologicalassetsOilandgasassetsRight-of-useassetsIntangibleassets22,002,152.2522,205,249.04R&DexpensesGoodwillLong-termdeferredexpenses2,491,819.412,792,876.07DeferredincometaxassetsOthernon-currentassetsTotalnon-currentassets68,530,232.7369,880,475.19Totalassets88,964,065.6288,197,118.07Currentliabilities
Short-termloansLoanfromcentralbankCapitalborrowedTradablefinancialliabilityFinancialliabilitymeasuredbyfairvalueandwithvariationreckonedintocurrentgains/losses
DerivativefinancialliabilityNotespayable&accountpayable1,534,338.051,607,835.81Accountsreceivedinadvance1,135,399.171,291,293.05
2019
SellingfinancialassetofrepurchaseAbsorbingdepositandinterbankdepositsAgentbuyingandsellingsecuritiesActingunderwritingsecuritiesWagepayable2,185,830.542,841,262.35Taxespayable685,716.52450,861.87Otheraccountspayable2,572,370.132,727,483.66
Including:Interestpayable
DividendpayableHandlingfeesandcommissionspayableReinsurancepayableContractualliabilityLiabilityheldforsaleNon-currentliabilitiesduewithinoneyearOthercurrentliabilitiesTotalcurrentliabilities8,113,654.418,918,736.74Non-currentliabilities:
InsurancecontractreserveLong-termloansBondspayable
Including:preferredstock
PerpetualcapitalsecuritiesLeaseliabilityLong-termaccountpayableLong-termwagepayableAccruedliabilities1,489,685.041,489,685.04DeferredincomeDeferredincometaxliabilitiesOthernon-currentliabilitiesTotalnon-currentliabilities1,489,685.041,489,685.04Totalliabilities9,603,339.4510,408,421.78Owners’equity:
Sharecapital364,100,000.00364,100,000.00Otherequityinstrument
2019
Including:preferredstock
PerpetualcapitalsecuritiesCapitalpublicreserve54,142,850.0154,142,850.01Less:InventorysharesOthercomprehensiveincomeSpecialreserveSurplusreserveProvisionofgeneralriskRetainedprofit-338,882,123.84-340,454,153.72Totalowner’sequityattributabletoparentCompany79,360,726.1777,788,696.29
MinorityinterestsTotalowner’sequity79,360,726.1777,788,696.29Totalliabilitiesandowner’sequity88,964,065.6288,197,118.07LegalRepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitute:FuZongren
2.BalanceSheetofParentCompany
InRMBItem2019-3-312018-12-31Currentassets:
Monetaryfund16,089,801.1814,864,055.73TradablefinancialassetsFinancialassetsmeasuredbyfairvalueandwithvariationreckonedintocurrentgains/losses
DerivativefinancialassetsNotereceivableandaccountreceivable547,588.58426,434.87
Including:Notesreceivable
Accountsreceivable547,588.58Accountpaidinadvance111,708.57Otheraccountreceivable1,037,439.12458,242.73
Including:Interestreceivable
DividendsreceivableInventories200,282.44221,390.19
2019
ContractualassetsAssetsheldforsaleNon-currentassetsmaturingwithinoneyearOthercurrentassets1,946,568.311,846,219.79Totalcurrentassets19,933,388.2017,816,343.31Non-currentassets:
DebtinvestmentAvailable-for-salefinancialassetsOtherdebtinvestmentHeld-to-maturityinvestmentsLong-termreceivablesLong-termequityinvestments1,000,000.001,000,000.00InvestmentinotherequityinstrumentOthernon-currentfinancialassetsInvestmentrealestate8,265,849.548,384,480.43Fixedassets35,770,411.5336,497,869.65ConstructioninprogressProductivebiologicalassetsOilandgasassetsRight-of-useassetsIntangibleassets22,002,152.2522,205,249.04R&DexpensesGoodwillLong-termdeferredexpenses2,491,819.412,792,876.07DeferredincometaxassetsOthernon-currentassetsTotalnon-currentassets69,530,232.7370,880,475.19Totalassets89,463,620.9388,696,818.50Currentliabilities
Short-termloansTradablefinancialliabilityFinancialliabilitymeasuredbyfairvalueandwithvariationreckonedintocurrentgains/losses
DerivativefinancialliabilityNotespayable&accountpayable1,534,338.051,607,835.81Accountsreceivedinadvance1,135,399.171,291,293.05ContractualliabilityWagepayable2,185,830.542,841,262.35
2019
Taxespayable685,716.52450,861.87Otheraccountspayable3,072,070.563,226,952.36
Including:Interestpayable
DividendpayableLiabilityheldforsaleNon-currentliabilitiesduewithinoneyearOthercurrentliabilitiesTotalcurrentliabilities8,613,354.849,418,205.44Non-currentliabilities:
Long-termloansBondspayable
Including:preferredstock
PerpetualcapitalsecuritiesLeaseliabilityLong-termaccountpayableLong-termwagepayableAccruedliabilities1,489,685.041,489,685.04DeferredincomeDeferredincometaxliabilitiesOthernon-currentliabilitiesTotalnon-currentliabilities1,489,685.041,489,685.04Totalliabilities10,103,039.8810,907,890.48Owners’equity:
Sharecapital364,100,000.00364,100,000.00Otherequityinstrument
Including:preferredstock
PerpetualcapitalsecuritiesCapitalpublicreserve54,142,850.0154,142,850.01Less:InventorysharesOthercomprehensiveincomeSpecialreserveSurplusreserveRetainedprofit-338,882,268.96-340,453,921.99Totalowner’sequity79,360,581.0577,788,928.02Totalliabilitiesandowner’sequity89,463,620.9388,696,818.50LegalRepresentative:YuanXiaoping
2019
Personinchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitute:FuZongren
3.ConsolidatedProfitStatement
InRMBItemCurrentPeriodLastPeriodI.Totaloperationrevenue9,293,216.589,888,991.83
Including:Operationrevenue9,293,216.589,888,991.83
InterestincomeInsurancegainedHandlingfeesandcommissionsincomeII.Totaloperationcost7,721,186.707,915,088.44
Including:Operationcost3,014,239.963,075,128.86
InterestexpenseHandlingfeesandcommissionsexpensesCashsurrendervalueNetamountofexpenseofcompensationNetamountofwithdrawalofinsurancecontractreserveBonusexpenseofguaranteeslipReinsuranceexpenseTaxesandsurcharge203,974.74387,097.33Salesexpenses1,425,443.741,401,184.37Administrationexpenses3,069,960.733,044,381.68R&DexpensesFinancialexpenses7,567.537,296.20
Including:interestexpenses
Interestincome5,817.3414,312.79LossesofdevaluationofassetLossofcreditimpairmentAdd:otherincome
Investmentincome(Lossislistedwith“-”)Including:InvestmentincomeonaffiliatedCompanyandjointventureExchangeincome(Lossislistedwith“-”)Netexposurehedgingincome(Lossislistedwith“-”)Changingincomeoffairvalue(Lossislistedwith“-”)Incomeondisposalofassets(Lossislistedwith“-”)III.Operatingprofit(Lossislistedwith“-”)1,572,029.881,973,903.39
2019
Add:Non-operatingincomeLess:Non-operatingexpense477.98IV.TotalProfit(Totallossislistedwith“-”)1,572,029.881,973,425.41
Less:IncometaxexpensesV.Netprofit(Netlossislistedwith“-”)1,572,029.881,973,425.41
(i)Classifybybusinesscontinuity
1.Continuousoperatingnetprofit(netlosslistedwith‘-”)1,572,029.881,973,425.41
2.Terminationofnetprofit(netlosslistedwith‘-”)(ii)Classifybyownership
1.Netprofitattributabletoowner’sofparentcompany1,572,029.881,973,425.41
2.Minorityshareholders’gainsandlossesVI.Netafter-taxofothercomprehensiveincome
Netafter-taxofothercomprehensiveincomeattributabletoownersofparentcompany
(i)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured2.Othercomprehensiveincomeunderequitymethodthatcannotbetransfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument4.Fairvaluechangeofenterprise'screditrisk5.Other
(ii)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Gain/lossoffairvaluechangesforavailable-for-salefinancialassets
4.Amountoffinancialassetsre-classifytoothercomprehensiveincome
5.Gain/lossofheld-to-maturityinvestmentsthatre-classifytoavailable-for-salefinancialasset
6.Creditimpairmentprovisionforotherdebtinvestment
7.Cashflowhedgingreserve
8.Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements
9.OtherNetafter-taxofothercomprehensiveincomeattributabletominority
2019
shareholders
VII.Totalcomprehensiveincome1,572,029.881,973,425.41
TotalcomprehensiveincomeattributabletoownersofparentCompany1,572,029.881,973,425.41TotalcomprehensiveincomeattributabletominorityshareholdersVIII.Earningspershare:
(i)Basicearningspershare0.00430.0054(ii)Dilutedearningspershare0.00430.0054LegalRepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitute:FuZongren
4.ProfitStatementofParentCompany
InRMBItemCurrentPeriodLastPeriodI.Operationrevenue9,293,216.589,888,991.83
Less:Operationcost3,014,239.963,075,128.86
Taxesandsurcharge203,974.74387,097.33Salesexpenses1,425,443.741,401,184.37Administrationexpenses3,069,960.733,044,381.68R&DexpensesFinancialexpenses7,712.657,296.20
Including:interestexpenses
Interestincome5,452.2214,312.79LossesofdevaluationofassetLossofcreditimpairmentAdd:otherincome
Investmentincome(Lossislistedwith“-”)Including:InvestmentincomeonaffiliatedCompanyandjointventure
Netexposurehedgingincome(Lossislistedwith“-”)Changingincomeoffairvalue(Lossislistedwith“-”)Incomeondisposalofassets(Lossislistedwith“-”)II.Operatingprofit(Lossislistedwith“-”)1,571,884.761,973,903.39
Add:Non-operatingincomeLess:Non-operatingexpense477.98
2019
III.TotalProfit(Lossislistedwith“-”)1,571,884.761,973,425.41
Less:IncometaxexpensesIV.Netprofit(Netlossislistedwith“-”)1,571,884.761,973,425.41
(i)Continuousoperatingnetprofit(netlosslistedwith‘-”)1,571,884.761,973,425.41
(ii)Terminationofnetprofit(netlosslistedwith‘-”)V.Netafter-taxofothercomprehensiveincome
(i)Othercomprehensiveincomeitemswhichwillnotbereclassifiedsubsequentlytoprofitofloss
1.Changesofthedefinedbenefitplansthatre-measured2.Othercomprehensiveincomeunderequitymethodthatcannotbetransfertogain/loss
3.Changeoffairvalueofinvestmentinotherequityinstrument
4.Fairvaluechangeofenterprise'screditrisk
5.Other(ii)Othercomprehensiveincomeitemswhichwillbereclassifiedsubsequentlytoprofitorloss
1.Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss
2.Changeoffairvalueofotherdebtinvestment
3.Gain/lossoffairvaluechangesforavailable-for-salefinancialassets
4.Amountoffinancialassetsre-classifytoothercomprehensiveincome
5.Gain/lossofheld-to-maturityinvestmentsthatre-classifytoavailable-for-salefinancialasset
6.Creditimpairmentprovisionforotherdebtinvestment
7.Cashflowhedgingreserve
8.Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements
9.OtherVI.Totalcomprehensiveincome1,571,884.761,973,425.41VII.Earningspershare:
(i)Basicearningspershare0.00430.0054(ii)Dilutedearningspershare0.00430.0054LegalRepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongren
2019
Personinchargeofaccountinginstitute:FuZongren
5.ConsolidatedCashFlowStatement
InRMBItemCurrentPeriodLastPeriodI.Cashflowsarisingfromoperatingactivities:
Cashreceivedfromsellingcommoditiesandprovidinglaborservices9,208,963.6710,522,232.38NetincreaseofcustomerdepositandinterbankdepositNetincreaseofloanfromcentralbankNetincreaseofcapitalborrowedfromotherfinancialinstitutionCashreceivedfromoriginalinsurancecontractfeeNetcashreceivedfromreinsurancebusinessNetincreaseofinsuredsavingsandinvestmentNetincreaseofamountfromdisposalfinancialassetsthatmeasuredbyfairvalueandwithvariationreckonedintocurrentgains/losses
Cashreceivedfrominterest,commissionchargeandcommissionNetincreaseofcapitalborrowedNetincreaseofreturnedbusinesscapitalNetcashreceivedbyagentsinsaleandpurchaseofsecuritiesWrite-backoftaxreceivedOthercashreceivedconcerningoperatingactivities393,610.54323,410.03Subtotalofcashinflowarisingfromoperatingactivities9,602,574.2110,845,642.41
Cashpaidforpurchasingcommoditiesandreceivinglaborservice2,305,147.462,665,733.25NetincreaseofcustomerloansandadvancesNetincreaseofdepositsincentralbankandinterbankCashpaidfororiginalinsurancecontractcompensationNetincreaseoffinancialassetsheldfortransactionpurposesNetincreaseofcapitallentCashpaidforinterest,commissionchargeandcommissionCashpaidforbonusofguaranteeslipCashpaidto/forstaffandworkers3,734,956.143,300,722.59Taxespaid670,948.53960,722.59Othercashpaidconcerningoperatingactivities1,455,021.511,307,711.33Subtotalofcashoutflowarisingfromoperatingactivities8,166,073.648,234,889.76Netcashflowsarisingfromoperatingactivities1,436,500.572,610,752.65
2019
II.Cashflowsarisingfrominvestingactivities:
CashreceivedfromrecoveringinvestmentCashreceivedfrominvestmentincomeNetcashreceivedfromdisposaloffixed,intangibleandotherlong-termassets16,000.00NetcashreceivedfromdisposalofsubsidiariesandotherunitsOthercashreceivedconcerninginvestingactivitiesSubtotalofcashinflowfrominvestingactivities16,000.00
Cashpaidforpurchasingfixedassets,intangibleassetsandotherlong-termassets
226,600.00763,739.59
Cashpaidforinvestment
Netincreaseofmortgagedloans
Netcashreceivedfromsubsidiariesandotherunitsobtained
OthercashpaidconcerninginvestingactivitiesSubtotalofcashoutflowfrominvestingactivities226,600.00763,739.59Netcashflowsarisingfrominvestingactivities-210,600.00-763,739.59III.Cashflowsarisingfromfinancingactivities
Cashreceivedfromabsorbinginvestment
Including:Cashreceivedfromabsorbingminorityshareholders’investmentbysubsidiaries
Cashreceivedfromloans
Cashreceivedfromissuingbonds
OthercashreceivedconcerningfinancingactivitiesSubtotalofcashinflowfromfinancingactivities
Cashpaidforsettlingdebts
Cashpaidfordividendandprofitdistributingorinterestpaying
Including:Dividendandprofitofminorityshareholderpaidbysubsidiaries
OthercashpaidconcerningfinancingactivitiesSubtotalofcashoutflowfromfinancingactivitiesNetcashflowsarisingfromfinancingactivitiesIV.InfluenceoncashandcashequivalentsduetofluctuationinexchangerateV.Netincreaseofcashandcashequivalents1,225,900.571,847,013.06
Add:Balanceofcashandcashequivalentsattheperiod-begin15,364,355.309,710,906.78VI.Balanceofcashandcashequivalentsattheperiod-end16,590,255.8711,557,919.84LegalRepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongren
2019
Personinchargeofaccountinginstitute:FuZongren
6.CashFlowStatementofParentCompany
InRMBItemCurrentPeriodLastPeriodI.Cashflowsarisingfromoperatingactivities:
Cashreceivedfromsellingcommoditiesandprovidinglaborservices9,208,963.6710,522,232.38Write-backoftaxreceivedOthercashreceivedconcerningoperatingactivities393,235.42323,410.03Subtotalofcashinflowarisingfromoperatingactivities9,602,199.0910,845,642.41
Cashpaidforpurchasingcommoditiesandreceivinglaborservice2,305,147.462,665,733.25Cashpaidto/forstaffandworkers3,734,956.143,300,722.59Taxespaid670,948.53960,722.59Othercashpaidconcerningoperatingactivities1,454,801.511,307,711.33Subtotalofcashoutflowarisingfromoperatingactivities8,165,853.648,234,889.76Netcashflowsarisingfromoperatingactivities1,436,345.452,610,752.65II.Cashflowsarisingfrominvestingactivities:
CashreceivedfromrecoveringinvestmentCashreceivedfrominvestmentincomeNetcashreceivedfromdisposaloffixed,intangibleandotherlong-termassets
16,000.00NetcashreceivedfromdisposalofsubsidiariesandotherunitsOthercashreceivedconcerninginvestingactivitiesSubtotalofcashinflowfrominvestingactivities16,000.00
Cashpaidforpurchasingfixedassets,intangibleassetsandotherlong-termassets
226,600.00763,739.59
Cashpaidforinvestment
Netcashreceivedfromsubsidiariesandotherunitsobtained
OthercashpaidconcerninginvestingactivitiesSubtotalofcashoutflowfrominvestingactivities226,600.00763,739.59Netcashflowsarisingfrominvestingactivities-210,600.00-763,739.59III.Cashflowsarisingfromfinancingactivities
Cashreceivedfromabsorbinginvestment
Cashreceivedfromloans
Cashreceivedfromissuingbonds
Othercashreceivedconcerningfinancingactivities
2019
Subtotalofcashinflowfromfinancingactivities
CashpaidforsettlingdebtsCashpaidfordividendandprofitdistributingorinterestpayingOthercashpaidconcerningfinancingactivitiesSubtotalofcashoutflowfromfinancingactivitiesNetcashflowsarisingfromfinancingactivitiesIV.InfluenceoncashandcashequivalentsduetofluctuationinexchangerateV.Netincreaseofcashandcashequivalents1,225,745.451,847,013.06
Add:Balanceofcashandcashequivalentsattheperiod-begin14,864,055.739,710,906.78VI.Balanceofcashandcashequivalentsattheperiod-end16,089,801.1811,557,919.84LegalRepresentative:YuanXiaopingPersoninchargeofaccountingworks:FuZongrenPersoninchargeofaccountinginstitute:FuZongren
II.Explanationonfinancialstatementadjustment
1.Financialstatementadjustmentatthebeginningofthefirstyearwhenimplementationofnewfinancialinstrumentrules,newrevenuerulesandnewleasingrules
□Applicable√Notapplicable
2.Retrospectiveadjustmentofthecomparativedataforinitialimplementationofnewfinancialinstrumentrulesandnewleasingrules
□Applicable√Notapplicable
III.Auditreport
Whetherthe1
st
quarterlyreporthasbeenauditedornot□Yes√NoThe1
st
quarterlyreportoftheCompanywasunaudited.
HAINANDADONGHAITOURISMCENTER(HOLDINGS)CO.,LTD.
Chairman:YuanXiaoping
23April2019