HAINANJINGLIANGHOLDINGSCO.,LTD.
THIRDQUARTERREPORT2018
October2018
PartIImportantNotes
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagersofHainanJingliangHoldingsCo.,Ltd.(togetherwithitsconsolidatedsubsidiaries,the“Company”,exceptwherethecontextotherwiserequires)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.WangGuofeng,theCompany’slegalrepresentative,GuanYing,theCompany’sheadforfinancialaffairs,andLiuQuanli,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethatthefinancialstatementscarriedinthisReportarefactual,accurateandcomplete.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
PartIIKeyCorporateInformation
IKeyConsolidatedFinancialInformation
Indicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.□Yes√No
30September2018 | 31December2017 | Change(%) | ||||
Totalassets(RMB) | 5,580,372,664.55 | 6,082,383,851.23 | -8.25% | |||
Equityattributabletothelistedcompany’sshareholders(RMB) | 2,204,056,918.96 | 2,101,342,683.37 | 4.89% | |||
Q32018 | YoYchange(%) | Q1-Q32018 | YoYchange(%) | |||
Operatingrevenue(RMB) | 1,899,805,985.97 | -14.91% | 5,539,431,965.38 | 0.44% | ||
Netprofitattributabletothelistedcompany’sshareholders(RMB) | 42,345,394.93 | 0.43% | 102,264,390.61 | 0.42% | ||
Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalitems(RMB) | 42,526,321.21 | 301.98% | 99,885,357.72 | 133.62% | ||
Netcashgeneratedfrom/usedinoperatingactivities(RMB) | -- | -- | 419,583,694.49 | 142.19% | ||
Basicearningspershare(RMB/share) | 0.06 | -14.29% | 0.15 | -6.25% | ||
Dilutedearningspershare(RMB/share) | 0.06 | -14.29% | 0.15 | -6.25% | ||
Weightedaveragereturnonequity(%) | 2.00% | -0.06% | 4.75% | -0.14% |
√Applicable□Notapplicable
Unit:RMB
Item | Q1-Q32018 | Note |
Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | -1,796,072.16 | |
Gains/Lossesonfairvaluechangesoftradingfinancialassetsandliabilities&investmentincomefromdisposaloftradingfinancialassetsandliabilitiesaswellasfinancialassetsavailableforsale(exclusiveofeffectivehedgesrelatedtonormalbusinessoperationsoftheCompany) | 5,360,397.35 | |
Non-operatingincomeandexpenseotherthanabove | 885,054.45 | |
Less:Incometaxeffects | 1,112,344.91 | |
Non-controllinginterestseffects(netoftax) | 958,001.84 | |
Total | 2,379,032.89 | -- |
ExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothe
Public—ExceptionalGain/LossItems:
□Applicable√Notapplicable
NosuchcasesfortheReportingPeriod.
IITotalNumberofShareholdersandHoldingsofTop10Shareholdersat30September2018
1.NumbersofOrdinaryShareholdersandPreferredShareholderswithResumedVotingRightsaswellasHoldingsofTop10Shareholders
Unit:share
Numberofordinaryshareholders | 37,523 | Numberofpreferredshareholderswithresumedvotingrights(ifany) | 0 | ||||||
Top10shareholders | |||||||||
Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Numberofshares | Restrictedshares | Sharesinpledgeorfrozen | ||||
Status | Shares | ||||||||
BEIJINGGRAINGROUPCO.,LTD. | State-ownedlegalperson | 42.06% | 288,439,561 | 164,877,598 | |||||
BEIJINGSTATE-OWNEDCAPITALOPERATIONANDMANAGEMENTCENTER | State-ownedlegalperson | 7.07% | 48,510,460 | 48,510,460 | |||||
CHINADEVELOPMENTBANKCAPITALCO.,LTD. | State-ownedlegalperson | 3.33% | 22,828,451 | 22,828,451 | |||||
GOLDBUFFALORUNYING(TIANJIN)EQUITYINVESTMENTFUNDMANAGEMENTCO.,LTD.—GOLDBUFFALORUNYING(TIANJIN)EQUITYINVESTMENTFUND(L.P.) | Other | 3.33% | 22,828,451 | 22,828,451 | |||||
LISHERYNZHANMING | Foreignnaturalperson | 3.19% | 21,873,700 | 0 | |||||
MEIJIANYING | Domesticnaturalperson | 0.38% | 2,604,203 | 0 | |||||
DONGYANGHENGDIANGUARANTYCO.,LTD. | Domesticnon-state-ownedlegalperson | 0.32% | 2,204,976 | 0 | |||||
HUTIANGAO | Domesticnaturalperson | 0.30% | 2,065,352 | 0 | |||||
ZHANGXIAOXIA | Domesticnaturalperson | 0.28% | 1,949,250 | 0 | |||||
WANGDAO | Domesticnaturalperson | 0.28% | 1,920,600 | 0 | |||||
Top10unrestrictedshareholders | |||||||||
Nameofshareholder | Unrestrictedshares | Sharesbytype | |||||||
Type | Shares | ||||||||
BEIJINGGRAINGROUPCO.,LTD. | 123,561,963 | RMB-denominatedordinarystock | 123,561,963 | ||||||
LISHERYNZHANMING | 21,873,700 | Domesticallylistedforeignstock | 21,873,700 | ||||||
MEIJIANYING | 2,604,203 | RMB-denominatedordinarystock | 2,604,203 | ||||||
DONGYANGHENGDIANGUARANTYCO.,LTD. | 2,204,976 | RMB-denominatedordinarystock | 2,204,976 | ||||||
HUTIANGAO | 2,065,352 | RMB-denominatedordinarystock | 2,065,352 | ||||||
ZHANGXIAOXIA | 1,949,250 | Domesticallylistedforeignstock | 1,949,250 | ||||||
WANGDAO | 1,920,600 | RMB-denominatedordinarystock | 1,920,600 | ||||||
WANGXIAOXING | 1,808,000 | RMB-denominatedordinarystock | 1,808,000 | ||||||
ZHANGPENG | 1,790,000 | RMB-denominatedordinarystock | 1,790,000 | ||||||
ZHONGYI | 1,727,783 | RMB-denominatedordinarystock | 1,727,783 | ||||||
Relatedoracting-in-concertpartiesamongshareholdersabove | BeijingState-OwnedCapitalOperationAndManagementCenterowns100%ofBeijingGrainGroupCo.,Ltd.,andBeijingGrainGroupCo.,Ltd.isashareholderoftheCompany(a42.06%holding).Apartfromthat,theCompanydoesnotknowwhetherthereareanyotherrelatedpartiesoracting-in-concertpartiesamongthetop10shareholders. | ||||||||
Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading | 1.ShareholderWangXiaoxingholds1,808,000sharesintheCompanythroughhisaccountofcollateralsecuritiesformargintradinginSoochowSecuritiesCo.,Ltd. |
(ifany) | 2.ShareholderZhongYiholds1,727,783sharesintheCompanythroughhisaccountofcollateralsecuritiesformargintradinginFortuneSecuritiesCo.,Ltd. |
Indicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.□Yea√NoNosuchcasesintheReportingPeriod.2.NumberofPreferredShareholdersandShareholdingsofTop10ofThem□Applicable√Notapplicable
PartIIISignificantEvents
IChangesinSelectedConsolidatedFinancialStatementLineItemsandExplanationofwhy
√Applicable□Notapplicable1.Monetarycapitaldeclinedasat30September2018comparedto31December2017,primarilydrivenbytherepaymentofborrowingsduringQ1~Q32018.2.Financialassetsatfairvaluethroughprofitorlossdeclinedasat30September2018comparedto31December2017,primarilybecausefewerfuturescontractsresultedinsmallermargins.3.Notesandaccountsreceivableroseasat30September2018comparedto31December2017,primarilybecausemorecustomerswereallowedtobuyoncredittoboostsales.4.Prepaymentsdeclinedasat30September2018comparedto31December2017,primarilybecausesuppliesassociatedwithcertainprepaymentswerereceivedandsuchprepaymentswerethusreclassifiedasinventories.5.Thecurrentportionofnon-currentassetsdeclinedasat30September2018comparedto31December2017,primarilydrivenbyasmallerinvestmentinwealthmanagementproducts.6.Othercurrentassetsroseasat30September2018comparedto31December2017,primarilydrivenbylargerinvestmentsingovernmentsecuritiesreverserepurchaseandstructureddeposits.7.Othernon-currentassetsdeclinedasat30September2018comparedto31December2017,primarilybecauseequipmentassociatedwithcertainprepaymentswerereceivedandinstalledandsuchprepaymentswerethusreclassifiedasfixedassets.8.Notesandaccountspayabledeclinedasat30September2018comparedto31December2017,primarilydrivenbypaymentstosuppliers.9.Payrollpayabledeclinedasat30September2018comparedto31December2017,primarilydrivenbythepaymentinQ1~Q32018ofthe2017annualperformancepaythathadbeensetasidein2017.10.Othercurrentliabilitiesdeclinedasat30September2018comparedto31December2017,primarilydrivenbyasmallerbooklossonhedgeditems.11.TaxesandsurchargesdeclinedduringQ1~Q32018comparedtoQ1~Q32017,primarilybecauseQ1~Q32017hadseenalandvalueaddedtaxonrealestaterevenue,whiletherewasnosuchrevenueduringQ1~Q32018.12.FinancecostsroseduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbyalargeramountofbankloansandhighercostofcapital.13.AssetimpairmentlossdeclinedduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbysomeallowancesfordoubtfulaccountsinQ1~Q32017.14.InvestmentincomeroseduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbytheincomegeneratedfrominvestmentsingovernmentsecuritiesreverserepurchaseandbeneficiarycertificates.15.GainonchangesinfairvaluedeclinedduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbychangesinthefairvalueoffuturespositions.16.NetcashgeneratedfromoperatingactivitiesroseduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbythesalesofinventoryproducts.17.NetcashgeneratedfrominvestingactivitiesdeclinedduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbymoreinvestmentsinreverserepurchaseandbanks’wealthmanagementproducts.
18.NetcashgeneratedfromfinancingactivitiesdeclinedduringQ1~Q32018comparedtoQ1~Q32017,primarilydrivenbyahigheramountofbankloanrepaymentinQ1~Q32017.
IIProgress,InfluenceandSolutionsAssociatedwithSignificantEvents
□Applicable√Notapplicable
IIICommitmentsthattheCompany’sActualController,Shareholders,RelatedPartiesandAcquirers,aswellastheCompanyItselfandOtherParties,FailedtoFulfillonTimeduringReportingPeriod
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
IV2018AnnualOperatingPerformanceForecast
Warningofaforecastlossonoraforecastsignificantyear-on-yearchangeinnetprofitforyear2018,aswellas
explanationofwhy:
□Applicable√Notapplicable
VSecuritiesInvestments
√Applicable□Notapplicable
Unit:RMB
Securitytype | Securitycode | Securityname | Initialinvestmentcost | Measurementmethod | Beginningcarryingamount | Gain/Lossonfair-valuechangesinReportingPeriod | Accumulatedfair-valuechangeschargedtoequity | PurchasedinReportingPeriod | SoldinReportingPeriod | Gain/lossinReportingPeriod | Endingcarryingamount | Accountingtitle | Fundingsource |
Other | 204001 | GC001 | Costmethod | 17,709,600,000.00 | 17,709,600,000.00 | 2,585,361.95 | 0.00 | Otherassets | Self-raised | ||||
Other | 204002 | GC002 | Costmethod | 388,400,000.00 | 388,400,000.00 | 74,885.68 | 0.00 | Otherassets | Self-raised | ||||
Other | 204003 | GC003 | Costmethod | 57,800,000.00 | 57,800,000.00 | 46,619.45 | 0.00 | Otherassets | Self-raised | ||||
Other | 204004 | GC004 | Costmethod | 171,800,000.00 | 171,800,000.00 | 101,482.98 | 0.00 | Otherassets | Self-raised | ||||
Other | 204007 | GC007 | Costmethod | 606,000,000.00 | 606,000,000.00 | 501,621.73 | 0.00 | Otherassets | Self-raised | ||||
Total | 0.00 | -- | 0.00 | 0.00 | 0.00 | 18,933,600,000.00 | 18,933,600,000.00 | 3,309,971.79 | 0.00 | -- | -- |
DisclosuredateofannouncementonBoard’sconsentforsecuritiesinvestments | 27January2018 |
Disclosuredateofannouncementongeneralmeeting’sconsentforsecuritiesinvestments(ifany) | 13February2018 |
VIWealthManagementEntrustment
√Applicable□Notapplicable
Unit:RMB’0,000(inRMBtenthousandyuan)
Typeofwealthmanagement | Fundingsource | Principal | Outstandingamountbeforematurity | Overdueamount |
Wealthmanagementproductpurchasedfromsecuritiestrader | Idleraised | 26,000 | 20,000 | 0 |
Wealthmanagementproductpurchasedfrombank | Self-funded | 6,780 | 4,280 | 0 |
Total | 32,780 | 24,280 | 0 |
High-riskwealthmanagemententrustmentswithamountsthatareindividuallysignificant,orwithlowsecurity,lowliquidity,ornoprotectionoftheprincipal:
√Applicable□Notapplicable
Unit:RMB’0,000(inRMBtenthousandyuan)
Trustee | Typeoftrustee | Typeofwealthmanagementproduct | Principal | Fundingsource | Startdate | Enddate | Investmentwithprincipal | Wayofpayback | Referenceannualizedreturn(%) | Actualgain/lossinReportingPeriod | Collection/paymentofgain/lossinReportingPeriod | Impairmentallowance(ifany) | Throughprescribedprocedureornot | Anyplanforfurtherentrustment | Overviewandindextomoreinformation(ifany) |
CITICSECURITIES | Securitiescompany | Certificationoftrustreceipt | 6,000 | Idleraisedcapital | 29June2018 | 28September2018 | Agreementofcontract | Paytheprincipalandearningsatthematuritydateofinvestment | 4.00% | 59.84 | Redeemed | Yes | No | www.cninfo.com.cn:2018-044and2018-055 | |
DONGXINGSECURITIES | Securitiescompany | Certificationoftrustreceipt | 20,000 | Idleraisedcapital | 4July2018 | 17December2018 | Agreementofcontract | Paytheprincipalandearningsatthematuritydateofinvestment | 4.80% | 0 | Unredeemed | Yes | No | www.cninfo.com.cn:2018-045 | |
Total | 26,000 | -- | -- | -- | -- | -- | -- | 59.84 | -- | -- | -- | -- |
□Applicable√Notapplicable
VIIInvestmentsinDerivativeFinancialInstruments
√Applicable□Notapplicable
Unit:RMB’0,000(inRMBtenthousandyuan)
Typeofderivative | Startdate | Enddate | Endinginvestment | Endinginvestmentas%oftheCompany’sendingnetassets | Actualgain/lossinReportingPeriod |
Soybeanhedging | 1January2018 | 30September2018 | 6,271.62 | 2.28% | -4,750.5 |
Foreignexchangeforwards | 1January2018 | 30September2018 | 0 | 0.00% | 3,322.53 |
Agriculturalproductfuturecontract | 1January2018 | 30September2018 | 2,938.86 | 1.07% | 4,371.86 |
Agriculturalproductfuturecontract | 1January2018 | 30September2018 | 1,512.18 | 0.55% | 346.03 |
Agriculturalproductfuturecontract | 1January2018 | 30September2018 | 0.1 | 0.00% | -427.76 |
Agriculturalproductfuturecontract | 1September2018 | 19September2018 | 0 | 0.00% | 0.04 |
Total | -- | -- | 10,722.76 | 3.90% | 2,862.2 |
Fundingsource | Self-funded | ||||
Legalmattersinvolved(ifapplicable) | N/A | ||||
Disclosuredateofboardannouncementapprovingderivativeinvestment(ifany) | 13April2018 | ||||
9June2018 | |||||
Disclosuredateofgeneralmeetingannouncementapprovingderivativeinvestment(ifany) | 11May2018 | ||||
27June2018 | |||||
AnalysisofrisksandcontrolmeasuresassociatedwithderivativeinvestmentsheldinReportingPeriod(includingbutnotlimitedtomarketrisk,liquidityrisk,creditrisk,operationalrisk,legalrisk,etc.) | TheCompany’sconductionofhedgingbusinessisnotaimedatspeculation,butmainlytoeffectivelyavoidtheimpactofrawmaterialpricefluctuationontheCompany.However,therewillbecertainrisks:1.Pricefluctuationrisk:pricefluctuationriskmaybegeneratedwhenthefuturesmarketchangesgreatly,resultingintransactionlosses;2.Capitalrisk:capitalriskmaybecorrespondinglybroughtbecausethefuturestradingadoptsmarginandmarking-to-marketsystem;3.Internalcontrolrisk:theremayberisksduetoimperfectinternalcontrolsystemforthehighexpertiseandcomplexityoffuturestrading;4.Technicalrisk:theremaybetechnicalrisksduetoincompletecomputersystems.TheCompanyadoptsfollowingriskcontrolmeasures:1.MatchingthehedgingbusinesswiththeCompany’sproductionandoperationsoastomaximallyreducethepricefluctuationrisk;2.TheCompanywillreasonablydispatchitsownfundsforhedgingbusiness,strictlycontrolthehedgingfundscaleandreasonablyplanandusemargins;3.RegulationsforCommodityFuturesTradingandRegulationsforFuturesBusinessareformulatedattheCompanyandsubsidiarieslevelsrespectivelybasedonactualsituationoftheCompanyandpursuanttogoverningstipulationsofGuidelinesforStandardOperationofCompaniesListedinShenzhenStockExchangewhichhavemadeclearlystipulationsabouttheamount,varietyscope,approvalauthority,internalapprovalprocedures,responsibledepartmentsandpersons,informationisolationmeasures,internalriskreportandrelatedsolutionprocess,informationdisclosure,etc.regardinghedgingbusiness.TheCompanywillstrictlycontrolallsectorsinaccordancewiththetworegulationsformulated;4.Establishingqualifiedsystemsfortransaction,communicationandinformationservicessoastoguaranteethenormaloperationofthetransactionsystemandsmoothproceedingoftransactions.Whenawrongorderoccurs,correspondingmeasuresshouldbetimelytakentoreducelosses. | ||||
ChangesinmarketpricesorfairvalueofderivativeinvestmentsinReportingPeriod(fairvalueanalysisshouldincludemeasurementmethodandrelatedassumptionsandparameters) | ThevalueoftheCompany’sfuturecontractschangedaccordingtothecontractpricesdeclaredbythefutureexchange,whichwerebroadlyrepresentative.AndthefairvalueoftheCompany’sfuturecontractswasexecutedinstrictcompliancewiththefutureexchange’ssettlementmethods. |
MajorchangesinaccountingpoliciesandspecificaccountingprinciplesadoptedforderivativeinvestmentsinReportingPeriodcomparedtolastreportingperiod | N/A |
Opinionofindependentdirectorsonderivativeinvestmentsandriskcontrol | Therelevantdecision-makingproceduresfortheCompanyanditsmajority-ownedsubsidiariestoconductforeignexchangederivativestradingbusinessareincompliancewithrelevantnationallaws,regulationsandthegoverningprovisionsoftheArticlesofAssociation.Basedonnormalproductionandoperation,theCompanyusesforeignexchangederivativesinstrumentstoreduceexchangeraterisksandfinancecosts,andcontrolbusinessrisks.ThereisnoharmtotheinterestsoftheCompanyandallothershareholders,especiallyminorityshareholders.ItisagreedthattheCompanyanditsmajority-ownedsubsidiarieswillconductforeignexchangederivativetradingbusinesswithintheconsiderationamount. |
VIIIVisitsPaidtotheCompanyforPurposesofResearch,Communication,Interview,etc.duringReportingPeriod
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
IXIrregularitiesinProvisionofGuaranteesforExternalParties
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
XOccupationoftheCompany’sCapitalbyControllingShareholderorItsRelatedPartiesforNon-OperatingPurposes
□Applicable√Notapplicable
NosuchcasesintheReportingPeriod.
PartIVFinancialStatements
IFinancialStatements
1.ConsolidatedBalanceSheet
PreparedbyHainanJingliangHoldingsCo.,Ltd.
30September2018
Unit:RMB
Item | 30September2018 | 31December2017 |
Currentassets: | ||
Monetarycapital | 675,664,075.75 | 1,014,438,663.43 |
Settlementreserve | ||
Interbankloansgranted | ||
Financialassetsatfairvaluethroughprofitorloss | 122,746,473.30 | 176,699,298.60 |
Derivativefinancialassets | ||
Notesandaccountsreceivable | 145,203,498.55 | 75,165,127.11 |
Including:Notesreceivable | ||
Accountsreceivable | ||
Prepayments | 293,268,069.36 | 912,843,489.70 |
Premiumsreceivable | ||
Reinsurancereceivables | ||
Receivablereinsurancecontractreserve | ||
Otherreceivables | 88,438,332.04 | 75,722,139.87 |
Financialassetspurchasedunderresaleagreements | ||
Inventories | 1,412,314,191.90 | 1,393,958,764.07 |
Assetsclassifiedasheldforsale | ||
Currentportionofnon-currentassets | 21,000,000.00 | 51,000,000.00 |
Othercurrentassets | 658,143,211.20 | 165,867,238.70 |
Totalcurrentassets | 3,416,777,852.10 | 3,865,694,721.48 |
Non-currentassets: | ||
Loansandadvancestocustomers | ||
Available-for-salefinancialassets | 20,000,000.00 | 20,000,000.00 |
Held-to-maturityinvestments | ||
Long-termreceivables | ||
Long-termequityinvestments | 185,589,701.74 | 174,589,701.74 |
Investmentproperty | 33,798,539.49 | 35,008,852.62 |
Fixedassets | 1,284,346,034.52 | 1,333,410,146.38 |
Constructioninprogress | 9,196,483.50 | 12,737,673.01 |
Productivelivingassets | ||
Oilandgasassets | ||
Intangibleassets | 387,044,956.90 | 398,844,032.07 |
R&Dexpense |
Goodwill | 191,394,422.51 | 191,394,422.51 |
Long-termprepaidexpense | 36,216,267.37 | 33,247,595.28 |
Deferredincometaxassets | 16,008,406.42 | 14,179,072.07 |
Othernon-currentassets | 3,277,634.07 | |
Totalnon-currentassets | 2,163,594,812.45 | 2,216,689,129.75 |
Totalassets | 5,580,372,664.55 | 6,082,383,851.23 |
Currentliabilities: | ||
Short-termborrowings | 1,772,635,314.81 | 2,007,171,362.73 |
Borrowingsfromcentralbank | ||
Customerdepositsandinterbankdeposits | ||
Interbankloansobtained | ||
Financialliabilitiesatfairvaluethroughprofitorloss | ||
Derivativefinancialliabilities | ||
Notesandaccountspayable | 262,470,835.87 | 400,693,157.47 |
Advancesfromcustomers | 154,657,322.35 | 212,124,147.38 |
Financialassetssoldunderrepurchaseagreements | ||
Handlingchargesandcommissionspayable | ||
Payrollpayable | 14,742,261.81 | 30,762,031.53 |
Taxespayable | 30,242,573.77 | 36,855,139.18 |
Otherpayables | 412,744,319.51 | 541,399,822.67 |
Reinsurancepayables | ||
Insurancecontractreserve | ||
Payablesforactingtradingofsecurities | ||
Payablesforunderwritingofsecurities | ||
Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
Currentportionofnon-currentliabilities | ||
Othercurrentliabilities | 13,004,507.08 | 90,215,292.43 |
Totalcurrentliabilities | 2,660,497,135.20 | 3,319,220,953.39 |
Non-currentliabilities: | ||
Long-termborrowings | ||
Bondspayable | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Long-termpayables | 33,778,247.87 | 27,592,835.11 |
Long-termpayrollpayable | ||
Provisions | ||
Deferredincome | 77,689,781.40 | 78,961,972.67 |
Deferredincometaxliabilities | 52,333,976.95 | 56,185,676.15 |
Othernon-currentliabilities | ||
Totalnon-currentliabilities | 163,802,006.22 | 162,740,483.93 |
Totalliabilities | 2,824,299,141.42 | 3,481,961,437.32 |
Owners’equity: | ||
Sharecapital | 685,790,364.00 | 685,790,364.00 |
Otherequityinstruments | ||
Including:Preferredshares | ||
Perpetualbonds |
Capitalreserves | 1,592,541,582.73 | 1,592,541,582.73 |
Less:Treasurystock | ||
Othercomprehensiveincome | 449,844.98 | |
Specificreserve | ||
Surplusreserves | 122,122,436.98 | 122,122,436.98 |
Generalreserve | ||
Retainedearnings | -196,847,309.73 | -299,111,700.34 |
TotalequityattributabletoownersoftheCompanyastheparent | 2,204,056,918.96 | 2,101,342,683.37 |
Non-controllinginterests | 552,016,604.17 | 499,079,730.54 |
Totalowners’equity | 2,756,073,523.13 | 2,600,422,413.91 |
Totalliabilitiesandowners’equity | 5,580,372,664.55 | 6,082,383,851.23 |
Legalrepresentative:WangGuofengHeadforfinancialaffairs:GuanYingHeadofthefinancialdepartment:LiuQuanli
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
Item | 30September2018 | 31December2017 |
Currentassets: | ||
Monetarycapital | 15,426,423.97 | 15,360,177.32 |
Financialassetsatfairvaluethroughprofitorloss | ||
Derivativefinancialassets | ||
Notesandaccountsreceivable | 106,626.00 | 109,389.00 |
Including:Notesreceivable | ||
Accountsreceivable | ||
Prepayments | ||
Otherreceivables | 57,946,415.19 | 60,576,292.62 |
Inventories | 4,824,035.45 | 4,824,035.45 |
Assetsclassifiedasheldforsale | ||
Currentportionofnon-currentassets | ||
Othercurrentassets | 1,954,976.06 | 2,905,667.38 |
Totalcurrentassets | 80,258,476.67 | 83,775,561.77 |
Non-currentassets: | ||
Available-for-salefinancialassets | 20,000,000.00 | 20,000,000.00 |
Held-to-maturityinvestments | ||
Long-termreceivables | ||
Long-termequityinvestments | 2,375,639,964.05 | 2,336,639,964.05 |
Investmentproperty | 5,854,403.48 | 6,081,230.93 |
Fixedassets | 3,348,428.40 | 3,589,144.87 |
Constructioninprogress | ||
Productivelivingassets | ||
Oilandgasassets | ||
Intangibleassets | 196,729.56 | |
R&Dexpense | ||
Goodwill | ||
Long-termprepaidexpense | ||
Deferredincometaxassets | ||
Othernon-currentassets |
Totalnon-currentassets | 2,405,039,525.49 | 2,366,310,339.85 |
Totalassets | 2,485,298,002.16 | 2,450,085,901.62 |
Currentliabilities: | ||
Short-termborrowings | ||
Financialliabilitiesatfairvaluethroughprofitorloss | ||
Derivativefinancialliabilities | ||
Notesandaccountspayable | 2,482,949.70 | 2,482,949.70 |
Advancesfromcustomers | 38,896.41 | 38,896.41 |
Payrollpayable | 326,765.16 | 2,017,684.57 |
Taxespayable | 972,437.66 | 2,557,993.95 |
Otherpayables | 513,668,222.16 | 449,510,029.34 |
Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
Currentportionofnon-currentliabilities | ||
Othercurrentliabilities | ||
Totalcurrentliabilities | 517,489,271.09 | 456,607,553.97 |
Non-currentliabilities: | ||
Long-termborrowings | ||
Bondspayable | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Long-termpayables | ||
Long-termpayrollpayable | ||
Provisions | ||
Deferredincome | ||
Deferredincometaxliabilities | ||
Othernon-currentliabilities | ||
Totalnon-currentliabilities | ||
Totalliabilities | 517,489,271.09 | 456,607,553.97 |
Owners’equity: | ||
Sharecapital | 685,790,364.00 | 685,790,364.00 |
Otherequityinstruments | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Capitalreserves | 2,173,387,468.71 | 2,173,387,468.71 |
Less:Treasurystock | ||
Othercomprehensiveincome | ||
Specificreserve | ||
Surplusreserves | 109,487,064.39 | 109,487,064.39 |
Retainedearnings | -1,000,856,166.03 | -975,186,549.45 |
Totalowners’equity | 1,967,808,731.07 | 1,993,478,347.65 |
Totalliabilitiesandowners’equity | 2,485,298,002.16 | 2,450,085,901.62 |
3.ConsolidatedIncomeStatementforQ3
Unit:RMB
Item | Q32018 | Q32017 |
1.Revenue | 1,899,805,985.97 | 2,232,700,520.70 |
Including:Operatingrevenue | 1,899,805,985.97 | 2,232,700,520.70 |
Interestincome | ||
Premiumincome | ||
Handlingchargeandcommissionincome | ||
2.Operatingcostsandexpenses | 1,807,110,268.05 | 2,167,977,012.70 |
Including:Costofsales | 1,703,299,548.14 | 2,038,295,230.88 |
Interestexpense | ||
Handlingchargeandcommissionexpense | ||
Surrenders | ||
Netclaimspaid | ||
Netamountprovidedasinsurancecontractreserve | ||
Expenditureonpolicydividends | ||
Reinsurancepremiumexpense | ||
Taxesandsurcharges | 4,706,132.09 | 14,277,726.11 |
Sellingexpense | 48,195,311.31 | 40,680,538.06 |
Administrativeexpense | 52,378,722.27 | 33,632,981.69 |
R&Dexpense | 349,299.58 | 626,504.24 |
Financecosts | -2,022,277.92 | 11,712,245.37 |
Including:Interestexpense | ||
Interestincome | ||
Assetimpairmentloss | 203,532.58 | 28,751,786.35 |
Add:Otherincome | 3,420,131.60 | 1,606,288.34 |
Investmentincome(“-”forloss) | 5,574,816.04 | 2,267,152.41 |
Including:Shareofprofitorlossofjointventuresandassociates | ||
Gainonchangesinfairvalue(“-”forloss) | -36,001,451.60 | -5,151,289.48 |
Foreignexchangegain(“-”forloss) | ||
Assetdisposalincome(“-”forloss) | -1,607,843.98 | -74,102.52 |
3.Operatingprofit(“-”forloss) | 64,081,369.98 | 63,371,556.75 |
Add:Non-operatingincome | 983,957.85 | 11,333,584.99 |
Less:Non-operatingexpense | 276,289.34 | 1,989,190.94 |
4.Profitbeforetax(“-”forloss) | 64,789,038.49 | 72,715,950.80 |
Less:Incometaxexpense | 9,498,223.59 | 26,083,375.95 |
5.Netprofit(“-”fornetloss) | 55,290,814.90 | 46,632,574.85 |
5.1Netprofitfromcontinuingoperations(“-”fornetloss) | 55,290,814.90 | 46,632,574.85 |
5.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
NetprofitattributabletoownersoftheCompanyastheparent | 42,345,394.93 | 42,164,080.63 |
Netprofitattributabletonon-controllinginterests | 12,945,419.97 | 4,468,494.22 |
6.Othercomprehensiveincome,netoftax | 264,437.23 | 0.00 |
AttributabletoownersoftheCompanyastheparent | 264,437.23 | 0.00 |
6.1Itemsthatwillnotbereclassifiedtoprofitorloss |
6.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
6.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
6.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | 264,437.23 | 0.00 |
6.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
6.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | ||
6.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
6.2.4Effectivegain/lossoncashflowhedges | ||
6.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | 264,437.23 | 0.00 |
6.2.6Other | ||
Attributabletonon-controllinginterests | ||
7.Totalcomprehensiveincome | 55,555,252.13 | 46,632,574.85 |
AttributabletoownersoftheCompanyastheparent | 42,609,832.16 | 42,164,080.63 |
Attributabletonon-controllinginterests | 12,945,419.97 | 4,468,494.22 |
8.Earningspershare | ||
8.1Basicearningspershare | 0.06 | 0.07 |
8.2Dilutedearningspershare | 0.06 | 0.07 |
Legalrepresentative:WangGuofengHeadforfinancialaffairs:GuanYingHeadofthefinancialdepartment:LiuQuanli
4.IncomeStatementoftheCompanyastheParentforQ3
Unit:RMB
Item | Q32018 | Q32017 |
1.Operatingrevenue | 0.00 | 0.00 |
Less:Costofsales | 75,609.15 | 100,812.20 |
Taxesandsurcharges | 32,242.73 | 145,225.03 |
Sellingexpense | ||
Administrativeexpense | 8,498,118.65 | 2,984,720.67 |
R&Dexpense | ||
Financecosts | 3,587,578.96 | -10,284,711.37 |
Including:Interestexpense | 3,588,242.50 | 2,771,987.50 |
Interestincome | 2,774.94 | 13,670,637.08 |
Assetimpairmentloss | 580.00 | 96,843,906.63 |
Add:Otherincome | ||
Investmentincome(“-”forloss) | 0.00 | -141,966.40 |
Including:Shareofprofitorlossofjointventuresandassociates | 0.00 | 2,205,283.12 |
Gainonchangesinfairvalue(“-”forloss) | ||
Assetdisposalincome(“-”forloss) | ||
2.Operatingprofit(“-”forloss) | -12,194,129.49 | -89,931,919.56 |
Add:Non-operatingincome | ||
Less:Non-operatingexpense | ||
3.Profitbeforetax(“-”forloss) | -12,194,129.49 | -89,931,919.56 |
Less:Incometaxexpense | ||
4.Netprofit(“-”fornetloss) | -12,194,129.49 | -89,931,919.56 |
4.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
5.Othercomprehensiveincome,netoftax | ||
5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
5.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
5.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
5.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | ||
5.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
5.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | ||
5.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
5.2.4Effectivegain/lossoncashflowhedges | ||
5.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | ||
5.2.6Other | ||
6.Totalcomprehensiveincome | -12,194,129.49 | -89,931,919.56 |
7.Earningspershare | ||
7.1Basicearningspershare | ||
7.2Dilutedearningspershare |
5.ConsolidatedIncomeStatementforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Revenue | 5,539,431,965.38 | 5,515,262,797.63 |
Including:Operatingrevenue | 5,539,431,965.38 | 5,515,262,797.63 |
Interestincome | ||
Premiumincome | ||
Handlingchargeandcommissionincome | ||
2.Operatingcostsandexpenses | 5,367,497,218.29 | 5,325,251,308.02 |
Including:Costofsales | 5,038,627,672.46 | 4,946,577,567.18 |
Interestexpense | ||
Handlingchargeandcommissionexpense | ||
Surrenders | ||
Netclaimspaid | ||
Netamountprovidedasinsurancecontractreserve | ||
Expenditureonpolicydividends | ||
Reinsurancepremiumexpense |
Taxesandsurcharges | 19,018,278.45 | 40,345,029.56 |
Sellingexpense | 139,821,320.67 | 133,704,147.54 |
Administrativeexpense | 135,753,834.87 | 156,614,807.20 |
R&Dexpense | 1,072,960.08 | 1,123,501.16 |
Financecosts | 33,482,038.92 | 23,373,101.68 |
Including:Interestexpense | ||
Interestincome | ||
Assetimpairmentloss | -278,887.16 | 23,513,153.70 |
Add:Otherincome | 8,937,425.37 | 7,920,871.71 |
Investmentincome(“-”forloss) | 16,487,429.06 | 11,766,061.71 |
Including:Shareofprofitorlossofjointventuresandassociates | ||
Gainonchangesinfairvalue(“-”forloss) | -22,110,484.16 | -13,904,516.93 |
Foreignexchangegain(“-”forloss) | ||
Assetdisposalincome(“-”forloss) | -1,796,072.16 | -25,199.59 |
3.Operatingprofit(“-”forloss) | 173,453,045.20 | 195,768,706.51 |
Add:Non-operatingincome | 10,781,378.60 | 13,821,293.02 |
Less:Non-operatingexpense | 9,896,461.65 | 5,528,315.74 |
4.Profitbeforetax(“-”forloss) | 174,337,962.15 | 204,061,683.79 |
Less:Incometaxexpense | 44,488,495.00 | 57,511,192.19 |
5.Netprofit(“-”fornetloss) | 129,849,467.15 | 146,550,491.60 |
5.1Netprofitfromcontinuingoperations(“-”fornetloss) | 129,849,467.15 | 133,828,422.33 |
5.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | 12,722,069.27 | |
NetprofitattributabletoownersoftheCompanyastheparent | 102,264,390.61 | 101,833,212.48 |
Netprofitattributabletonon-controllinginterests | 27,585,076.54 | 44,717,279.12 |
6.Othercomprehensiveincome,netoftax | 449,844.98 | 0.00 |
AttributabletoownersoftheCompanyastheparent | 449,844.98 | 0.00 |
6.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
6.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
6.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
6.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | 449,844.98 | 0.00 |
6.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
6.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | ||
6.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
6.2.4Effectivegain/lossoncashflowhedges | ||
6.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | 449,844.98 | 0.00 |
6.2.6Other | ||
Attributabletonon-controllinginterests | ||
7.Totalcomprehensiveincome | 130,299,312.13 | 146,550,491.60 |
AttributabletoownersoftheCompanyastheparent | 102,714,235.59 | 101,833,212.48 |
Attributabletonon-controllinginterests | 27,585,076.54 | 44,717,279.12 |
8.Earningspershare | ||
8.1Basicearningspershare | 0.15 | 0.16 |
8.2Dilutedearningspershare | 0.15 | 0.16 |
6.IncomeStatementoftheCompanyastheParentforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Operatingrevenue | 0.00 | 2,857.14 |
Less:Costofsales | 226,827.45 | 252,030.50 |
Taxesandsurcharges | 1,046,593.89 | 212,753.35 |
Sellingexpense | ||
Administrativeexpense | 14,511,777.95 | 10,807,855.19 |
R&Dexpense | ||
Financecosts | 9,982,985.70 | -8,270,296.34 |
Including:Interestexpense | 10,929,291.28 | 7,144,759.73 |
Interestincome | 954,302.98 | 16,810,053.35 |
Assetimpairmentloss | -98,668.41 | 91,226,030.51 |
Add:Otherincome | ||
Investmentincome(“-”forloss) | 0.00 | 74,749,139.55 |
Including:Shareofprofitorlossofjointventuresandassociates | 0.00 | 1,276,389.07 |
Gainonchangesinfairvalue(“-”forloss) | ||
Assetdisposalincome(“-”forloss) | ||
2.Operatingprofit(“-”forloss) | -25,669,516.58 | -19,476,376.52 |
Add:Non-operatingincome | 0.00 | 920.00 |
Less:Non-operatingexpense | 100.00 | 811,971.93 |
3.Profitbeforetax(“-”forloss) | -25,669,616.58 | -20,287,428.45 |
Less:Incometaxexpense | ||
4.Netprofit(“-”fornetloss) | -25,669,616.58 | -20,287,428.45 |
4.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
5.Othercomprehensiveincome,netoftax | ||
5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
5.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
5.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
5.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | ||
5.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
5.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets |
5.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
5.2.4Effectivegain/lossoncashflowhedges | ||
5.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | ||
5.2.6Other | ||
6.Totalcomprehensiveincome | -25,669,616.58 | -20,287,428.45 |
7.Earningspershare | ||
7.1Basicearningspershare | ||
7.2Dilutedearningspershare |
7.ConsolidatedCashFlowStatementforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Cashflowsfromoperatingactivities: | ||
Proceedsfromsaleofcommoditiesandrenderingofservices | 6,089,990,408.11 | 5,822,570,435.19 |
Netincreaseincustomerdepositsandinterbankdeposits | ||
Netincreaseinborrowingsfromcentralbank | ||
Netincreaseinloansfromotherfinancialinstitutions | ||
Premiumsreceivedonoriginalinsurancecontracts | ||
Netproceedsfromreinsurance | ||
Netincreaseindepositsandinvestmentsofpolicyholders | ||
Netincreaseinproceedsfromdisposaloffinancialassetsatfairvaluethroughprofitorloss | ||
Interest,handlingchargesandcommissionsreceived | ||
Netincreaseininterbankloansobtained | ||
Netincreaseinproceedsfromrepurchasetransactions | ||
Taxrebates | 11,907,624.39 | 9,136,150.48 |
Cashgeneratedfromotheroperatingactivities | 1,766,762,056.68 | 1,245,333,510.27 |
Subtotalofcashgeneratedfromoperatingactivities | 7,868,660,089.18 | 7,077,040,095.94 |
Paymentsforcommoditiesandservices | 5,488,803,432.64 | 6,237,205,329.97 |
Netincreaseinloansandadvancestocustomers | ||
Netincreaseindepositsincentralbankandininterbankloansgranted | ||
Paymentsforclaimsonoriginalinsurancecontracts | ||
Interest,handlingchargesandcommissionspaid | ||
Policydividendspaid | ||
Cashpaidtoandforemployees | 215,823,143.63 | 316,577,321.67 |
Taxespaid | 149,429,869.38 | 250,975,642.80 |
Cashusedinotheroperatingactivities | 1,595,019,949.04 | 1,266,821,118.63 |
Subtotalofcashusedinoperatingactivities | 7,449,076,394.69 | 8,071,579,413.07 |
Netcashgeneratedfrom/usedinoperatingactivities | 419,583,694.49 | -994,539,317.13 |
2.Cashflowsfrominvestingactivities: | ||
Proceedsfromdisinvestment | 1,647,338,090.45 | 642,702,070.16 |
Investmentincome | 22,660,696.79 | 19,125,768.85 |
Netproceedsfromdisposaloffixedassets,intangibleassetsandotherlong-livedassets | 624,362.84 | 43,621,239.95 |
Netproceedsfromdisposalofsubsidiariesorotherbusinessunits | ||
Cashgeneratedfromotherinvestingactivities | 94,375,000.00 | 303,828,188.53 |
Subtotalofcashgeneratedfrominvestingactivities | 1,764,998,150.08 | 1,009,277,267.49 |
Paymentsforacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 44,298,838.25 | 29,376,357.42 |
Paymentsforinvestments | 1,944,330,000.00 | 461,400,000.00 |
Netincreaseinpledgedloansgranted | ||
Netpaymentsforacquisitionofsubsidiariesandotherbusinessunits | 47,954,985.00 | 212,344,900.00 |
Cashusedinotherinvestingactivities | 289,112,694.38 | 464,013,928.02 |
Subtotalofcashusedininvestingactivities | 2,325,696,517.63 | 1,167,135,185.44 |
Netcashgeneratedfrom/usedininvestingactivities | -560,698,367.55 | -157,857,917.95 |
3.Cashflowsfromfinancingactivities: | ||
Capitalcontributionsreceived | 126,553,500.00 | 19,553,070.16 |
Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | ||
Increaseinborrowingsobtained | 1,705,500,818.73 | 1,630,729,869.53 |
Netproceedsfromissuanceofbonds | ||
Cashgeneratedfromotherfinancingactivities | 4,857,675,313.61 | 6,783,876,765.24 |
Subtotalofcashgeneratedfromfinancingactivities | 6,689,729,632.34 | 8,434,159,704.93 |
Repaymentofborrowings | 1,917,644,873.55 | 385,954,732.20 |
Paymentsforinterestanddividends | 98,022,459.14 | 63,040,361.51 |
Including:Dividendspaidbysubsidiariestonon-controllinginterests | ||
Cashusedinotherfinancingactivities | 4,891,136,552.93 | 6,735,878,759.62 |
Subtotalofcashusedinfinancingactivities | 6,906,803,885.62 | 7,184,873,853.33 |
Netcashgeneratedfrom/usedinfinancingactivities | -217,074,253.28 | 1,249,285,851.60 |
4.Effectofforeignexchangeratechangesoncashandcashequivalents | 19,414,338.66 | 252,498.89 |
5.Netincreaseincashandcashequivalents | -338,774,587.68 | 97,141,115.41 |
Add:Cashandcashequivalents,beginningoftheperiod | 1,014,438,663.43 | 505,477,847.81 |
6.Cashandcashequivalents,endoftheperiod | 675,664,075.75 | 602,618,963.22 |
8.CashFlowStatementoftheCompanyastheParentforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Cashflowsfromoperatingactivities: | ||
Proceedsfromsaleofcommoditiesandrenderingofservices | ||
Taxrebates | 750.00 | 0.00 |
Cashgeneratedfromotheroperatingactivities | 58,581,113.47 | 15,215,693.63 |
Subtotalofcashgeneratedfromoperatingactivities | 58,581,863.47 | 15,215,693.63 |
Paymentsforcommoditiesandservices | 87,700.45 | 0.00 |
Cashpaidtoandforemployees | 12,261,894.85 | 3,898,308.75 |
Taxespaid | 5,670,439.48 | 27,309,480.98 |
Cashusedinotheroperatingactivities | 57,497,384.43 | 8,470,741.08 |
Subtotalofcashusedinoperatingactivities | 75,517,419.21 | 39,678,530.81 |
Netcashgeneratedfrom/usedinoperatingactivities | -16,935,555.74 | -24,462,837.18 |
2.Cashflowsfrominvestingactivities: | ||
Proceedsfromdisinvestment | 0.00 | 10,000,000.00 |
Investmentincome | ||
Netproceedsfromdisposaloffixedassets,intangibleassetsandotherlong-livedassets | -34,427.35 | 35,000,000.00 |
Netproceedsfromdisposalofsubsidiariesorotherbusinessunits | ||
Cashgeneratedfromotherinvestingactivities | 0.00 | 240,582.60 |
Subtotalofcashgeneratedfrominvestingactivities | -34,427.35 | 45,240,582.60 |
Paymentsforacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 214,550.26 | 0.00 |
Paymentsforinvestments | 39,000,000.00 | 0.00 |
Netpaymentsforacquisitionofsubsidiariesandotherbusinessunits | ||
Cashusedinotherinvestingactivities | ||
Subtotalofcashusedininvestingactivities | 39,214,550.26 | 0.00 |
Netcashgeneratedfrom/usedininvestingactivities | -39,248,977.61 | 45,240,582.60 |
3.Cashflowsfromfinancingactivities: | ||
Capitalcontributionsreceived | ||
Increaseinborrowingsobtained | 75,900,000.00 | 29,000,000.00 |
Netproceedsfromissuanceofbonds | ||
Cashgeneratedfromotherfinancingactivities | ||
Subtotalofcashgeneratedfromfinancingactivities | 75,900,000.00 | 29,000,000.00 |
Repaymentofborrowings | 16,000,000.00 | 76,469,598.52 |
Paymentsforinterestanddividends | 3,649,220.00 | 1,659,125.50 |
Cashusedinotherfinancingactivities | 0.00 | 1,720,000.00 |
Sub-totalofcashusedinfinancingactivities | 19,649,220.00 | 79,848,724.02 |
Netcashgeneratedfrom/usedinfinancingactivities | 56,250,780.00 | -50,848,724.02 |
4.Effectofforeignexchangeratechangesoncashandcashequivalents | ||
5.Netincreaseincashandcashequivalents | 66,246.65 | -30,070,978.60 |
Add:Cashandcashequivalents,beginningoftheperiod | 15,360,177.32 | 33,952,786.37 |
6.Cashandcashequivalents,endoftheperiod | 15,426,423.97 | 3,881,807.77 |
IIIndependentAuditor’sReport
Indicatebytickmarkwhetherthefinancialstatementsabovehavebeenauditedbyanindependentauditor.
□Yes√No
Thesefinancialstatementshavenotbeenauditedbysuchanauditor.
HainanJingliangHoldingsCo.,Ltd.
23October2018