Shenzhen SEG Co., Ltd.2019 3rd Quarter Report
October 2019
Chapter 1 Important NoticeThe Board of Directors, the Board of Supervisors, the directors, thesupervisors, and the senior executives guarantee that the quarter report isauthentic, accurate, and complete, and that it has no false records misleadingstatements or major omissions and they are jointly and severally liable.Chairman of the Board of Directors Zhang Liang, the Chief FinancialOfficer Yan Dongxia and the responsible person of the accounting institution(Accountant in charge) Wang Lei hereby declare that the Financial Statementsenclosed in this quarter report are true, accurate and complete.
Definitions
Definition | Refers to | Description |
This Company, the Company, the listed company, Shen SEG | Refers to | Shenzhen SEG Co., Ltd. |
Shenzhen SEG Group Co., Ltd. | Refers to | Shenzhen SEG Group Co., Ltd. |
Suzhou TST | Refers to | Suzhou TST Control Technology Co., Ltd. |
Nanjing SEG | Refers to | Shenzhen SEG Nanjing Electronics Market Management Co., Ltd. |
Nanning SEG | Refers to | Nanning SEG Digital Plaza Management Co., Ltd. |
SEG Credit | Refers to | Shenzhen SEG Credit Co., Ltd. |
Nantong SEG | Refers to | Nantong SEG Times Plaza Management Co., Ltd. |
Nantong SEG Operation | Refers to | Nantong SEG Commercial Operation Management Co., Ltd. |
Hangzhou SEG Longyan | Refers to | Hangzhou SEG Longyan Energy Technology Co., Ltd. |
Shenzhen-Shantou SEG Longyan Technology | Refers to | Shenzhen-Shantou Special Cooperation Zone SEG Longyan Energy Technology Co., Ltd. |
SEG Real Estate | Refers to | Shenzhen SEG Real Estate Investment Co., Ltd. |
SEG Property Development | Refers to | Shenzhen SEG Property Development Co., Ltd. |
SEG Recreation | Refers to | Shenzhen SEG Recreation Enterprise Development Co., Ltd. |
SegMaker | Refers to | Shenzhen SegMaker Co., Ltd. |
SEG Property Management | Refers to | Shenzhen SEG Property Management Co., Ltd. |
SEG New Urban | Refers to | Shenzhen SEG New Urban Construction Development Co., Ltd. |
SEG Yicheng | Refers | Shenzhen SEG Yicheng Science and Technology Co., Ltd. |
to | ||
Target companies | Refers to | SEG Real Estate, SEG Property Development, SEG Recreation and SegMaker that major assets are injected into |
Huakong SEG | Refers to | Shenzhen Huakong SEG Co., Ltd. |
SEG Navigations | Refers to | Shenzhen SEG GPS Scientific Navigations Co., Ltd. |
Zhaocheng Group | Refers to | Shenzhen Zhaocheng Investment Group Co., Ltd. |
Unless otherwise specified, the amount referred to in the report | Refers to | Amount in RMB |
Chapter 2 Company ProfileI. Main Accounting Data and Financial IndexesAre retrospective adjustments made to previous financial statements?
□ Yes ? No
Amount at the end of the reporting period | Amount at the end of last year | Increase/decrease at the end of the reporting period over the end of last year | ||||
Total assets (Yuan) | 6,245,469,176.91 | 7,128,009,738.20 | -12.38% | |||
Net assets attributable to shareholders of the listed company (Yuan) | 1,926,003,299.17 | 1,867,881,216.44 | 3.11% | |||
Amount of the reporting period | Year-on-year increase/decrease | Amount from beginning of the year to the end of the reporting period | Year-on-year increase/decrease of amount from beginning of the year to the end of the reporting period | |||
Operating income (Yuan) | 348,105,199.21 | -38.03% | 1,113,596,884.35 | -22.92% | ||
Net profit attributable to shareholders of the listed company (Yuan) | 26,970,095.87 | -33.24% | 110,257,647.89 | -20.14% | ||
Net profit attributable to shareholders of the listed company after deduction of non-recurring profit and loss (Yuan) | 14,803,482.35 | -58.32% | 44,030,014.96 | -50.18% | ||
Net cash flow from operating activities (Yuan) | -- | -- | 101,017,368.07 | 14.26% | ||
Basic EPS (yuan/share) | 0.0218 | -33.33% | 0.0892 | -20.14% | ||
Diluted EPS (yuan/share) | 0.0218 | -33.33% | 0.0892 | -20.14% | ||
Weighted average ROE | 1.42% | -0.65% | 5.81% | -1.28% |
Total capital stock of the Company as of the trading day prior to disclosure:
Total capital stock of the Company as of the trading day prior to disclosure (share) | 1,235,656,249 |
Fully diluted earnings per share calculated based on the current capital stock:
Fully diluted earnings per share calculated based on the current capital stock (Yuan/share) | 0.0892 |
Items and Amount of Non-recurring Profit and Loss:
? Applicable □ Not applicable
Unit: yuan
Item | Amount from beginning of the year to the end of the reporting period | Remarks |
Profit or loss on disposal of non-current assets (including the write-off of assets depreciation reserves) | 77,328,300.79 | Reduce holding-shares of Huakong SEG and transfer the equity of Shenzhen-Shantou SEG Longyan Technology, resulting in income. |
Tax return, reduction or exemption with unauthorized approval or without any official approval document | ||
Government subsidies recognized in current profit or loss (except those closely related to corporate business and enjoyed according to national standards or certain quota) | 4,369,752.53 | |
Fund appropriation charges for non-financial entities recognized in current profit or loss | 1,283,299.33 | |
Gains on less acquisition costs of subsidiaries, associates and joint ventures than the accrued fair value of the investee's identifiable net assets | ||
Profit or loss on non-monetary assets exchange | ||
Profit or loss on investment or asset management in proxy | 14,130,364.08 | |
Provision for impairment of assets due to force majeure(such as natural disasters) | ||
Profit or loss on debt restructuring | ||
Corporate restructuring costs, such as staffing expenses and integration costs | ||
Profit or loss on the part exceeding the fair value in unfair transactions | ||
Current net profit or loss of subsidiaries incurred by business combination under common control from the beginning of the reporting period to the date of merger | ||
Profit or loss on contingencies unrelated to business operation of the Company |
Profit or loss on changes in fair value due to holding of trading financial assets, derivative financial assets, trading financial liabilities and derivative financial liabilities, as well as investment income from disposal of trading financial assets, derivative financial assets, trading financial liabilities, derivative financial liabilities and other debt investments, apart from valid hedging operations related to business operation of the Company | ||
Transferred-back impairment provision for accounts receivable and contract assets for which separate impairment tests are carried out | ||
Profit or loss on consignment loan | ||
Profit or loss on changes in fair value of investment property subsequently measured by the fair value | ||
Impact of one-time adjustment on the current profit or loss as required by taxation or accounting laws and regulations | ||
Trustee fee from entrusted operation | 113,676.10 | |
Other non-operating income and expenses except the above-mentioned items | 2,103,245.10 | |
Other items conforming to the definition of non-recurring profit and loss | ||
Less: Amount of affected income tax | 24,832,159.48 | |
Effects of minority shareholders' equity (after tax) | 8,268,845.51 | |
Total | 66,227,632.94 | -- |
An explanation shall be made with regard to the Company's considerations for defining non-recurring profit and loss according to theExplanatory Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public - Non-recurringProfit and Loss and the reason of classifying the non-recurring profit and loss listed in this announcement as recurring.
□ Applicable ? Not applicable
In the reporting period, no items of non-recurring profit and loss listed in the Explanatory Announcement on Information Disclosureby Companies Offering Securities to the Public No. 1 — Non-recurring Profit and Loss are defined as items of recurring profit andloss.II. Number of Shareholders and Shares Held by Top 10 Shareholders at the End of theReporting Period
1. Total Number of Common Shareholders and Preferred Shareholders Restored with the Voting Rightsand Shares Held by Top 10 Shareholders
Unit: Share
Total number of common shareholders at the end of the reporting period | 89,083 | Total number of preferred shareholders restored with the voting rights (if any) | 0 | |||||
Shares held by top 10 shareholders | ||||||||
Name of shareholder | Nature of shareholder | Shareholding proportion | Number of shares held | Quantity of restricted shares held | Information on pledged or frozen shares | |||
Share status | Quantity | |||||||
Shenzhen SEG Group Co., Ltd. | State-owned legal person (01) | 56.70% | 700,628,759 | 450,857,239 | / | / | ||
Liu Guocheng | Domestic natural person (03) | 0.58% | 7,155,802 | / | / | / | ||
Liu Guohong | Domestic natural person (03) | 0.27% | 3,318,098 | / | / | / | ||
Gong Qianhua | Overseas natural person (05) | 0.24% | 2,940,000 | / | / | / | ||
China Securities Finance Corporation Limited | Domestic non-state-owned legal person (02) | 0.18% | 2,271,900 | / | / | / | ||
LI SHERYN ZHAN MING | Overseas natural person (05) | 0.16% | 1,953,000 | / | / | / | ||
Zhejiang Jiuzhang Asset Management Co., Ltd. - Jiuzhang Huangfang Haoyue No. 20 Private Equity | Funds and financial products (06) | 0.15% | 1,849,100 | / | / | / | ||
Xu Yueying | Domestic natural person (03) | 0.14% | 1,780,000 | / | / | / | ||
Fang Guowei | Overseas natural person (05) | 0.11% | 1,389,480 | / | / | / | ||
Chongqing International Trust Co., Ltd. - Yuxin Chuangxin | Funds and financial products (06) | 0.10% | 1,220,000 | / | / | / |
Youshi No. 12 Assembled Funds Trust | ||||
Unrestricted Tradable Shares Held by Top 10 Shareholders | ||||
Name of shareholder | Quantity of unrestricted shares held | Type of share | ||
Type of share | Quantity | |||
Shenzhen SEG Group Co., Ltd. | 249,771,520 | RMB common stocks | 249,771,520 | |
Liu Guocheng | 7,155,802 | Domestically listed foreign shares | 7,155,802 | |
Liu Guohong | 3,318,098 | Domestically listed foreign shares | 3,318,098 | |
Gong Qianhua | 2,940,000 | Domestically listed foreign shares | 2,940,000 | |
China Securities Finance Corporation Limited | 2,271,900 | RMB common stocks | 2,271,900 | |
LI SHERYN ZHAN MING | 1,953,000 | Domestically listed foreign shares | 1,953,000 | |
Zhejiang Jiuzhang Asset Management Co., Ltd. - Jiuzhang Huangfang Haoyue No. 20 Private Equity | 1,849,100 | RMB common stocks | 1,849,100 | |
Xu Yueying | 1,780,000 | Domestically listed foreign shares | 1,780,000 | |
Fang Guowei | 1,389,480 | RMB common stocks | 1,389,480 | |
Chongqing International Trust Co., Ltd. - Yuxin Chuangxin Youshi No. 12 Assembled Funds Trust | 1,220,000 | RMB common stocks | 1,220,000 | |
Explanations on the association or concerted action among the above-mentioned shareholders | Shenzhen SEG Group Co., Ltd has no association with other shareholders, nor it is a concerted action unit as set forth in the Management Methods for Disclosure of Information on Changes in Shares Held by Shareholders of the Listed Company. Whether other shareholders have association with each other or they are concerted action units is unknown. | |||
Information of top 10 shareholders participating in securities margin trading (if any) | None |
Do top 10 common shareholders of the Company or top 10 common shareholders of non-restricted shares conduct agreed repurchasetransactions in the reporting period?
□ Yes ? No
Top 10 common shareholders of the Company or top 10 common shareholders of non-restricted shares did not conduct agreedrepurchase transactions in the reporting period.
2. Number of Preferred Shareholders and Shares Held by Top 10 Preferred Shareholders
□ Applicable ? Not applicable
Chapter 3 Important Matters
I. Changes in the Main Financial Data and Financial Indexes in the Reporting Period and theReasons
√ Applicable □ Not applicable
1. Items of Consolidated Balance Sheet Statement
Unit: yuan | Unit: yuan | |||
Item | Closing balance | Opening balance | Difference | Year-on-year increase/decrease (%) |
Monetary funds | 744,965,034.99 | 1,757,492,816.67 | -1,012,527,781.68 | -57.61% |
Accounts receivable | 112,757,804.08 | 54,426,228.11 | 58,331,575.97 | 107.18% |
Notes receivable | 3,872,700.00 | 0.00 | 3,872,700.00 | 100.00% |
Prepayment | 6,272,695.31 | 2,701,718.53 | 3,570,976.78 | 132.17% |
Other current assets | 802,688,238.76 | 468,083,201.09 | 334,605,037.67 | 71.48% |
Intangible assets | 6,979,704.95 | 32,471,556.32 | -25,491,851.37 | -78.51% |
Goodwill | 11,231,391.49 | 0.00 | 11,231,391.49 | 100.00% |
Short-term borrowing | 103,500,000.00 | 520,000,000.00 | -416,500,000.00 | -80.10% |
Taxes payable | 160,833,019.89 | 121,045,597.93 | 39,787,421.96 | 32.87% |
Other payables | 564,743,730.63 | 1,021,673,905.77 | -456,930,175.14 | -44.72% |
Non-current liabilities due within one year | 143,069,415.58 | 272,569,415.58 | -129,500,000.00 | -47.51% |
Estimated liabilities | 56,077,659.53 | 90,254,503.10 | -34,176,843.57 | -37.87% |
(1) Monetary Funds: decreased by 57.61% with the amount of RMB 1,012,527,781.68 over the beginning of the period, mainlybecause the company paid the final balance of cash consideration for major asset restructuring and returning bank loans in thereporting period.
(2) Accounts receivable: increased by 107.18% with the amount of RMB 58,331,575.97 over the beginning of the period, mainlybecause in the reporting period ① SEG Property Management Company, a subsidiary of SEG Real Estate, increased the propertymanagement area and thus increased the accrual property management fee; ② Suzhou TST is a newly incorporated company, whichincreased the company's accounts receivable ; ③ SEG Longyan Technology accounts receivable increased as sales increased.
(3) Notes receivable: increased by 100% with the amount of RMB 3,872,700.00 over the beginning of the period, mainly becauseSuzhou TST is a newly incorporated company, which increased the company's accounts receivable by RMB 3,872,700.00.
(4) Prepayment: increased by 132.17% with the amount of RMB 3,570,976.78 over the beginning of the period, mainly becauseNanjing SEG paid the property rent and the property development company Yitian Management Office prepaid the elevator renewalpurchase in the reporting period.
(5) Other current assets: increased by 71.48% with the amount of RMB 334,605,037.67 over the beginning of the period, mainly
because the company purchased more bank financial products in the reporting period.
(6) Intangible assets: decreased by 78.51% with the amount of RMB 25,491,851.37 over the beginning of the period, mainly becausethe company transferred the equity of Shenzhen-Shantou SEG Longyan Technology which resulted in reduction of land use rights inthe reporting period.
(7) Goodwill: increased by 100% with the amount of RMB 11,231,391.49 over the beginning of the period, mainly because thecompany invested and acquired Suzhou TST in the reporting period.
(8) Short-term borrowing: decreased by 80.10% with the amount of RMB 416,500,000.00 over the beginning of the period, mainlybecause the company repaid bank current loan in the reporting period.
(9) Tax payable: increased by 32.87% with the amount of RMB 39,787,421.96 over the beginning of the period, mainly because SEGReal Estate accrued land value-added tax, house sales value-added tax and income tax in the reporting period.
(10) Other accounts payable: decreased by 44.97% with the amount of RMB 459,426,421.64 over the beginning of the period, mainlybecause the company paid the final balance of cash consideration for major asset restructuring.
(11) Non-current liability due within one year: decreased by 47.51% with the amount of RMB 129,500,000.00 over the beginning ofthe period, mainly because SEG Real Estate repaid bank loan due in the reporting period.
(12) Estimated liabilities: decreased by 37.87% with the amount of RMB 34,176,843.57 over the beginning of the period, mainlybecause SEG New Urban paid liquidated damages in the reporting period.
2. Items of Consolidated Profit Statement | ||||
Unit: yuan | ||||
Item | Amount incurred in the current period | Amount of the same period of last year | Difference | Year-on-year increase/decrease (%) |
Interest income | 0.00 | 6,480,864.92 | -6,480,864.92 | -100.00% |
Financial expenses | 85,467,639.68 | 52,818,041.75 | 32,649,597.93 | 61.82% |
Loss from asset impairment | 7,565.00 | 3,362,022.85 | -3,354,457.85 | -99.77% |
Non-operating expenses | 1,258,085.11 | 14,951,136.75 | -13,693,051.64 | -91.59% |
(1) Interest income: decreased by 100.00% with the amount of RMB 6,480,864.92 over the same period of last year, mainly becausethe equity transfer of SEG Credit was completed in last April and no loan business of SEG Credit occurred in the reporting period.
(2) Financial expense: increased by 61.82% with the amount of RMB 32,649,597.93 over the same period of last year, mainlybecause the company's external financing scale expanded.
(3) Assets impairment loss: decreased with the amount of RMB 3,354,457.85 over the same period of last year, Decreased by
99.77%,mainly because in the same period of last year SEG Credit accrued loan loss impairment while there is no such business inthe reporting period.
(4) Non-business expenditure: decreased by 91.59% with the amount of RMB 13,693,051.64 over the same period of last year,mainly because in the same period of last year ① SEG Real Estate paid the contract termination fee (No. 2017 Yue 0307 M. C. 6835);
② Nanning SEG paid litigation indemnity, while no such business expenses occurred in the reporting period.
3. Items of Consolidated Cash Flow Statement
Item | Amount incurred in the current period | Amount of the same period of last year | Difference | Year-on-year increase/decrease (%) |
Cash received from interest and commissions | 0.00 | 6,311,198.08 | -6,311,198.08 | -100.00% |
Other cash received related to operating activities | 141,023,349.87 | 253,127,937.32 | -112,104,587.45 | -44.29% |
Cash paid for purchasing goods and receiving services | 376,476,832.61 | 565,344,689.47 | -188,867,856.86 | -33.41% |
Net increase in loans to customers and prepayment | 0.00 | -15,664,988.00 | 15,664,988.00 | -100.00% |
Taxes paid | 139,323,829.77 | 264,954,200.49 | -125,630,370.72 | -47.42% |
Cash received by absorbing investment | 0.00 | 980,000.00 | -980,000.00 | -100.00% |
Borrowings received | 513,500,000.00 | 979,000,000.00 | -465,500,000.00 | -47.55% |
Other cash paid related to financing activities | 110,000,023.31 | 169,669,157.90 | -59,669,134.59 | -35.17% |
(1) Cash charge for interest, service charges and commissions: decreased by 100.00% with the amount of RMB 6,311,198.08 over thesame period of last year, mainly because no loan business of SEG Credit occurred in the reporting period.
(2) Other cash received related to operating activities: decreased by 44.29% with the amount of RMB 112,104,587.45 over the sameperiod of last year, mainly because the company received less current payment in the reporting period.
(3)Cash paid for purchasing goods and receiving services decreased by 33.41% with the amount of RMB 188,867,856.86 over thesame period of last year, mainly because the company's sales situation was not as good as the same period of last year, and thecorresponding payment reduced.
(4) Net increase in customer loans and advances: decreased by 100.00% with the amount of RMB 15,664,988.00 over the sameperiod of last year, mainly because no loan business of SEG Credit occurred in the reporting period.
(5) Tax payments: decreased by 47.42% with the amount of RMB 125,630,370.72 over the same period of last year, mainly becausethe corporate income tax and land value-added tax paid by the company and its holding subsidiaries decreased compared with thesame period of last year.
(6) Cash receipts from investments: decreased by 100.00% with the amount of RMB 980,000.00 over the same period of last year,mainly because SEG Yicheng received investments from minority shareholders in the same period of last year.
(7) Borrowings received: decreased by 47.55% with the amount of RMB 465,500,000.00 over the same period of last year, mainlybecause the company received less bank loans.
(8) Other cash paid related to financing activities: decreased by 35.17% with the amount of RMB 59,669,134.59 over the same periodof last year, mainly because the amount of last year contained investments received by Longyan Technology from minorityshareholders.II. Analysis of Development, Impacts and Solutions of Major Events
√ Applicable □ Not applicable
There are no other major events except for those in the table below.
Overview of major events | Disclosure date | Query index of the provisional announcement disclosure website |
Implementation of interest distribution (2018) | July 4, 2019 | http://www.cninfo.com.cn Announcement of Dividend Distribution for 2018 |
The plan of reducing holding-shares of | July 24, 2019 | http://www.cninfo.com.cn |
Huakong SEG ended | Announcement of the Implementation of Reduction of Holding-shares of Shenzhen Huakong SEG Co., Ltd. | |
SEG New Urban received The Notice on Sealing up, Distraining, and Freezing Property served by the People's Court of Longgang District, Shenzhen City, Guangdong Province. The house property on the second to fifth floors of Building A of SEG New Urban Plaza under the name of SEG New Urban was sealed up | July 27, 2019 | http://www.cninfo.com.cn/ Risk Warning on House Property Sealing up of the Holding Sub-subsidiary |
Zhu Longqing, Vice General Manager of the company, resigned due to job change | July 31, 2019 | http://www.cninfo.com.cn Announcement on the Resignation of Vice General Manager Zhu Longqing |
SEG New Urban received the Civil Ruling and the Notice on Assistance in Enforcement served by the Shenzhen Intermediate People’s Court. | August 8, 2019 | http://www.cninfo.com.cn Announcement on Receipt of the Civil Ruling and the Notice on Assistance in Enforcement by the Holding Sub-subsidiary |
August 24, 2019 | http://www.cninfo.com.cn Announcement on Receipt of the Civil Ruling and the Notice on Assistance in Enforcement by the Holding Sub-subsidiary | |
SEG New Urban plans to sign the Agreement with Huang Zhihui and other assignees of obligatory rights | August 17, 2019 | http://www.cninfo.com.cn Announcement on Proposed Agreement between the Holding Sub-subsidiary SEG New Urban and Related Assignees of Obligatory rights |
SEG New Urban received the Notice of Trial from the Shenzhen International Court of Arbitration. The applicant CITIC Bank filed an arbitration application about the financial loan contract disputes between it and the respondents such as Zhaocheng Group and SEG New Urban. | August 27, 2019 | http://www.cninfo.com.cn Announcement on Receipt of Notice of Arbitration Trial by the Holding Sub-subsidiary |
Announcement on Corporate Stock Swing | August 22, 2019 | http://www.cninfo.com.cn Announcement on Stock Swing |
August 27, 2019 | http://www.cninfo.com.cn |
Announcement on Stock Swing | ||
August 30, 2019 | http://www.cninfo.com.cn Announcement on Stock Swing | |
Public offering of corporate bonds | August 5, 2019 | http://www.cninfo.com.cn Temporary Trusteeship Management Report (V) for Public Offering of Corporate Bonds to Qualified Investors (1st Issue) in 2018 |
August 20, 2019 | http://www.cninfo.com.cn Temporary Trusteeship Management Report (VI) for Public Offering of Corporate Bonds to Qualified Investors (1st Issue) in 2018 | |
August 26, 2019 | http://www.cninfo.com.cn Temporary Trusteeship Management Report (VII) for Public Offering of Corporate Bonds to Qualified Investors (1st Issue) in 2018 | |
Matters on corporate bond No. 18 SEG 02 | August 27, 2019 | http://www.cninfo.com.cn/ Announcement on the Coupon Rate Adjustment and Put-back Implementation Measures for Corporate Bond No. 18 SEG 02 |
from August 28, 2019 to June 30, 2019 | http://www.cninfo.com.cn/ First Suggestive Announcement on the Coupon Rate Adjustment and Put-back Implementation Measures for Corporate Bond No. 18 SEG 02, Second Suggestive Announcement on the Coupon Rate Adjustment and Put-back Implementation Measures for Corporate Bond No. 18 SEG 02, Third Suggestive Announcement on the Coupon Rate Adjustment and Put-back Implementation Measures for Corporate Bond No. 18 SEG 02 | |
September 05, 2019 | http://www.cninfo.com.cn/ Announcement on the Declaration of Put-backs for Corporate Bond No. 18 SEG 02 | |
September 23, 2019 | http://www.cninfo.com.cn/ |
Announcement on 2019 Payment of Interest for Corporate Bond No. 18 SEG 02 | ||
September 24, 2019 | http://www.cninfo.com.cn/ Announcement on the Implementation of Put-backs for Corporate Bond No. 18 SEG 02 | |
The transfer of 100% of the equity of Shenzhen-Shantou SEG Longyan completed. | September 16, 2019 | http://www.cninfo.com.cn Announcement on the Progress of Transfer of 100% of the Equity of Shenzhen-Shantou Cooperation Zone SEG Longyan Energy Technology Co., Ltd. Held by the Holding Subsidiary |
Matters on the reduction of corporate holding-shares by the controlling shareholder Shenzhen SEG Group Co., Ltd. | September 19, 2019 | http://www.cninfo.com.cn Pre-disclosure Announcement on the Reduction of Corporate Holding-shares by the Controlling Shareholder |
The changes of the Board of Directors and the Board of Supervisors | September 25, 2019 | http://www.cninfo.com.cn Announcement on Resolutions of the 58th Extraordinary Meeting of the 7th Board of Directors |
September 27, 2019 | http://www.cninfo.com.cn/ Announcement on the Election of the Staff Representative Supervisor of the 8th Board of Supervisors | |
October 11, 2019 | http://www.cninfo.com.cn/ Announcement on the Resolution of the 6th Extraordinary General Meeting in 2019 | |
http://www.cninfo.com.cn/ Announcement on the Resolution of the 1st Meeting of the 8th Board of Directors | ||
http://www.cninfo.com.cn/ Announcement on the Resolution of the 1st Meeting of the 8th Board of Supervisors | ||
By the end of the reporting period, Nantong SEG Operating Company have been involved in 13 housing lease contract dispute cases and the case amount related is RMB 5,840,000. | August 27, 2018 | http://www.cninfo.com.cn Semi-Annual Report 2019 of Shenzhen SEG Co., Ltd. |
Nantong SEG Operating Company have won all the cases, which have been concluded and are in execution. | ||
By the end of the reporting period, Nantong SEG has been involved in 16 house decoration contract dispute cases and the case amount related is RMB 34,506,300. Among these cases, 13 have been concluded and are in execution. Among the remaining 3 cases, one is in the procedure of retrial, another is in the procedure of first instance, and the last one is in the procedure of second instance. | August 27, 2018 | http://www.cninfo.com.cn Semi-Annual Report 2019 of Shenzhen SEG Co., Ltd. |
For the dispute case over the lease contract of SEG New Urban vs. Belugaplan Culture Development (Dalian) Co., Ltd., the People's Court of Longgang District, Shenzhen made the first instance judgment, that is, Belugaplan Culture Development (Dalian) Co., Ltd. shall pay the liquidated damages of RMB 405,000 to SEG New Urban, as well as the overdue fine for management expenses and utilities of RMB 8,147.04 in total, while SEG New Urban does not need to refund the rental deposit of RMB 255,000. By the end of the reporting period, Belugaplan has paid part of the liquidated damages RMB 115,687.04, and the remaining RMB 305,000 has not been paid. SEG New Urban have applied to the court for enforcement and it is currently in execution. | August 27, 2018 | http://www.cninfo.com.cn Semi-Annual Report 2019 of Shenzhen SEG Co., Ltd. |
In September 2019, due to engineering construction contract disputes, SEG New Urban filed a lawsuit in the People's Court of Longgang District, Shenzhen, requesting China Huashi Enterprises Co., Ltd. to compensate for liquidated damages and losses of RMB 57,069,600 in total. | / | / |
Progress of share repurchase
□ Applicable √ Not applicable
Progress of reduction of holding-shares through centralized bidding
□ Applicable √ Not applicable
III. Commitments not fulfilled as of the end of the reporting period by the Company, actual controller, shareholders, affiliates,purchasers, or other related parties
√ Applicable □ Not applicable
Commitments | Subject | Type | Content | Commitment date | Commitment term | Performance |
Commitment for share reform | Not applicable | |||||
Commitments in the Acquisition Report and the Report of Changes on Equity | Not applicable | |||||
Commitments made at the time of restructuring of assets | Shenzhen SEG Group Co., Ltd. | Other commitment | "After updating and restructuring of SEG Industrial Building, SEG Economy Building, and SEG Recreation Industry Building, the area of added part that belongs to SegMaker, SEG Recreation and SEG Property is 2,855.20 m2. SEG Group undertakes that the use of the temporary buildings belonged to SegMaker, SEG Recreation and SEG Property will be renewed after expiration of the two-year use duration. In case when, due to failure in renewal of use of temporary buildings, the listed company has any loss or the income during the period from expiration of the performance commitment period to expiration of the evaluated income expected period is lower than the expected compensation, or the listed company has any loss because the temporary buildings are required to be dismantled by governmental organs during the period from expiration of the performance commitment period to expiration of the evaluated income expected period, SEG Group will compensate the listed company timely and in full amount according to the following compensation methods: | August 03, 2016 | Long-term | Extended performance (The Company has applied for extension of the license for the said property and submitted application materials to the relevant competent authority for approval. SEG Group is assisting with such extension application. The renewal application is still under approval and the license for renewal is |
1. SEG Group has made commitments for the performance of the subject company within three years after completion of major assets restructuring. Influence of the updating and restructuring project has been taken into account in the commitments. 2. The amount of compensation for the income that is lower than the expected income during the period from expiration of the performance commitment period to expiration of the evaluated income expected period = (the predicted accumulated income to the end of the report period - actual accumulated income to the end of the report period) - the compensated amount. 3. The loss caused when the temporary buildings are required to be dismantled by governmental organs during the period from expiration of the performance commitment period to expiration of the evaluated income expected period = the dismantling cost and compensation amount related - (the accumulated total income to the time the buildings are dismantled- predicted accumulated income during the predication period). Note: the predicted income refers to the net value remained after the predicted total income from the newly added temporary buildings in the evaluation reports of the subject companies minuses the allocated investment cost during the operating period and the amount influenced by permanent rent termination predicted in the evaluation report. Shenzhen SEG should engage an audit firm with security practice qualification recognized by SEG Group to provide a formal audit report on the compensation methods for the property investment within the compensation scope of the report period within four months at the end of each accounting year during the compensation period. SEG Group should compensate in cash any property investment and compensation items within the compensation scope of the report period. Shenzhen SEG should calculate the payable compensation amount within 15 business days upon final specific review opinions provided by the audit firm, and send a written notice to | not obtained yet.) |
SEG Group. Within 30 business days upon receipt of the written notice from Shenzhen SEG, SEG Group should pay the compensation in cash in full amount.” | ||||||
Commitment made at the time of initial public offerings or refinancing | Not applicable | |||||
Commitment on equity incentives | Not applicable | |||||
Other commitments made to the medium and small shareholders of the Company | Not applicable | |||||
Whether commitments were fulfilled on time | No | |||||
For commitments unfulfilled in the commitment period, specify the reasons for non-fulfillment and further plans | The new property in the reconstruction project of SEG Industrial Building and other two buildings is a temporary building. According to the provisions of the (Provisional) Measures for the Management of Temporary Buildings of Futian District, Shenzhen, the service duration of this temporary building is from April 21, 2016 to April 20, 2018 can be extended for another year according to the provisions of the Urban and Rural Planning Regulations of Guangdong Province (As of April 20, 2019). Apart from this, no provisions on temporary buildings of Shenzhen and Futian District permit any extension or term of extension. After expiration of the service duration (April 20, 2018), the Company has applied for extension and submitted application materials to the relevant competent authority for approval. The extension license is not obtained yet. This matter has never subjected the listed company to losses or caused SEG Group to be liable for compensation. |
Forecasts of Operating Results for 2019
Warning and reasons for forecasts on loss of the cumulative net profit from the beginning of the year to the end of the next reportingperiod or significant changes in net profit over the same period last year
□ Applicable ? Not applicable
IV. Security investment? Applicable □ Not applicable
Unit: Yuan
Stock type | Stock code | Short form of the security | Initial investment cost | Accounting measurement mode | Opening book value | Change in fair value of the current period | Cumulative change in fair value recognized in the equity | Amount of purchase in the current period | Amount of sales in the current period | Profit or loss in the reporting period | Closing book value | Accounting item | Source of funds |
Domestic and foreign stocks | 600778 | Youhao Group | 90,405.00 | Measured by fair value | 274,287.16 | 24,273.20 | 0.00 | 0.00 | 0.00 | 298,560.36 | Other equity instrument investment | Self-owned funds | |
Domestic and foreign stocks | 000068 | Huakong SEG | 172,598,868.24 | Measured by fair value | 139,130,451.09 | 262.11 | 0.00 | -8,293,874.35 | -12,323,767.99 | 135,100,819.56 | Long-term equity investment | Self-owned funds | |
Domestic and foreign stocks | 832770 | SEG Navigations | 8,275,321.43 | Measurement by cost method | 13,515,392.83 | 0.00 | 0.00 | 0.00 | 13,515,392.83 | Other equity instrument investment | Self-owned funds | ||
Other securities investment held at the end of period | -- | -- | -- | ||||||||||
Total | 180,9 | -- | 152,9 | 0.00 | 24,53 | 0.00 | -8,293 | -12,32 | 148,9 | -- | -- |
64,594.67 | 20,131.08 | 5.31 | ,874.35 | 3,767.99 | 14,772.75 |
V. Entrusted Financing? Applicable □ Not applicable
Unit: RMB 10,000
Type | Source of fund under entrusted financing | Amount of entrusted financing | Balance not yet due | Overdue amount unrecovered |
Bank financial products | Self-owned funds | 183,018.10 | 73,391.10 | 0 |
Total | 183,018.10 | 73,391.10 | 0 |
Information on risky entrusted financing with a significant amount or featuring low security, poor liquidity, and no capital guarantee? Applicable ? Not applicable
Entrusted financial management is not expected to recover the principal or other circumstances that may result in impairment
□ Applicable ? Not applicable
VI. Investment of Derived Products
□ Applicable ? Not applicable
No investment in derivatives is involved in the reporting period.VII. Registration Form for Investigations, Communication and Interviews in the ReportingPeriod
? Applicable □ Not applicable
Time | Means | Type | Basic information on investigation |
September 03, 2019 | Phone call | Individual | Query the recent business performance of the company. |
September 19, 2019 | Phone call | Individual | Query the recent business performance of the company. |
VIII. Illegal External Guarantee
□ Applicable ? Not applicable
The Company has no illegal external guarantee in the reporting period.
IX. Non-operating Capital Occupation on the Listed Company by the ControllingShareholder and Related Parties
□ Applicable ? Not applicable
No non-operating capital occupation on the listed company by the controlling shareholder and related parties is involved in thereporting period.
Chapter 4 Financial StatementsI. Financial Statements
1. Consolidated Balance Sheet Statement
Prepared by: Shenzhen SEG Co., Ltd.
Unit: Yuan
Item | September 30, 2019 | December 31, 2018 |
Current assets: | ||
Monetary funds | 744,965,034.99 | 1,757,492,816.67 |
Deposit reservation for balance | ||
Loans to other banks | ||
Trading financial assets | ||
Financial assets measured by fair value with changes included in current gains and losses | ||
Derivative financial assets | ||
Notes receivable | 3,872,700.00 | |
Accounts receivable | 112,757,804.08 | 54,426,228.11 |
Receivable financing | ||
Prepayment | 6,272,695.31 | 2,701,718.53 |
Premiums receivable | ||
Reinsurance accounts receivable | ||
Reinsurance deposit receivable | ||
Other receivables | 100,074,948.32 | 115,570,683.93 |
Including: Interest receivable | 1,597,323.05 | 1,063,684.93 |
Dividends receivable | 2,000,000.00 | 2,000,000.00 |
Redemptory monetary capital for resale | ||
Inventory | 2,504,954,655.28 | 2,670,294,017.74 |
Contract assets | ||
Held-for-sale assets | ||
Non-current assets due within one year |
Other current assets | 802,688,238.76 | 468,083,201.09 |
Total current assets | 4,275,586,076.74 | 5,068,568,666.07 |
Non-current assets: | ||
Loans and advances issued | ||
Debt investment | ||
Financial assets available for sale | ||
Other debt investment | ||
Held-to-maturity investment | ||
Long-term receivables | 19,000,000.00 | 19,000,000.00 |
Long-term equity investment | 186,238,263.85 | 172,684,147.74 |
Other equity instrument investment | 34,093,953.19 | 34,069,679.99 |
Other non-current financial assets | ||
Investment properties | 1,355,864,706.94 | 1,412,916,851.46 |
Fixed assets | 71,329,563.69 | 59,351,351.90 |
Construction in progress | 116,405,152.28 | 151,214,015.76 |
Productive biological assets | ||
Oil & gas assets | ||
Right-of-use assets | ||
Intangible assets | 6,979,704.95 | 32,471,556.32 |
Development expenses | ||
Goodwill | 11,231,391.49 | |
Long-term expenses to be amortized | 65,280,831.69 | 73,769,436.90 |
Deferred income tax assets | 56,575,030.78 | 56,931,280.75 |
Other non-current assets | 46,884,501.32 | 47,032,751.31 |
Total non-current assets | 1,969,883,100.17 | 2,059,441,072.13 |
Total assets | 6,245,469,176.91 | 7,128,009,738.20 |
Current liabilities: | ||
Short-term borrowing | 103,500,000.00 | 520,000,000.00 |
Loans from central bank | ||
Loans from other banks | ||
Trading financial liabilities |
Financial liabilities measured by fair value with changes included in current gains and losses | ||
Derivative financial liabilities | ||
Notes payable | ||
Accounts payable | 280,099,827.39 | 293,130,435.56 |
Advance receipt | 599,993,914.77 | 692,811,462.75 |
Contract liabilities | ||
Financial assets sold for repurchase | ||
Deposits from customers and interbank | ||
Acting trading securities | ||
Acting underwriting securities | ||
Payroll payable | 31,185,275.62 | 44,065,725.59 |
Taxes payable | 160,833,019.89 | 121,045,597.93 |
Other payables | 564,743,730.63 | 1,021,673,905.77 |
Including: Interest payable | 1,392,172.11 | 4,943,712.80 |
Dividends payable | 4,614,796.97 | 4,196,371.01 |
Service charges and commissions payable | ||
Reinsurance accounts payable | ||
Held-for-sale liabilities | ||
Non-current liabilities due within one year | 143,069,415.58 | 272,569,415.58 |
Other current liabilities | ||
Total current liabilities | 1,883,425,183.88 | 2,965,296,543.18 |
Non-current liabilities: | ||
Insurance deposit | ||
Long-term borrowing | 903,500,000.00 | 748,250,000.00 |
Bonds payable | 772,147,044.47 | 787,752,107.90 |
Including: Preferred stock | ||
Perpetual capital securities | ||
Lease liabilities | ||
Long-term payables |
Long-term payroll payable | ||
Estimated liabilities | 56,077,659.53 | 90,254,503.10 |
Deferred income | 5,991,529.60 | 6,732,529.57 |
Deferred income tax liabilities | 79,880,418.57 | 79,875,150.30 |
Other non-current liabilities | 134,417.76 | 0.00 |
Total non-current liabilities | 1,817,731,069.93 | 1,712,864,290.87 |
Total liabilities | 3,701,156,253.81 | 4,678,160,834.05 |
Owners' equity: | ||
Share capital | 1,235,656,249.00 | 1,235,656,249.00 |
Other equity instruments | ||
Including: Preferred stock | ||
Perpetual capital securities | ||
Capital reserve | 148,038,034.55 | 156,892,820.25 |
Less: Treasury shares | ||
Other comprehensive income | 104,148.59 | 91,765.66 |
Special reserve | ||
Surplus reserve | 152,762,534.98 | 152,762,534.98 |
General risk provision | ||
Undistributed profits | 389,442,332.05 | 322,477,846.55 |
Total owners' equity attributable to the parent company | 1,926,003,299.17 | 1,867,881,216.44 |
Minority shareholders' equity | 618,309,623.93 | 581,967,687.71 |
Total owners' equity | 2,544,312,923.10 | 2,449,848,904.15 |
Total liabilities and owners' equity | 6,245,469,176.91 | 7,128,009,738.20 |
Chairman of the Board of Directors: Zhang Liang Chief Financial Officer: Yan Dongxia The responsible person of the accountinginstitution: Wang Lei
2. Balance Sheet Statement of the Parent Company
Unit: Yuan
Item | September 30, 2019 | December 31, 2018 |
Current assets: | ||
Monetary funds | 219,424,284.80 | 971,108,422.35 |
Trading financial assets | ||
Financial assets measured by fair value with changes included in current gains and losses | ||
Derivative financial assets | ||
Notes receivable | ||
Accounts receivable | 163,360.00 | 217,360.00 |
Receivable financing | ||
Prepayment | 181,291.82 | |
Other receivables | 914,421,196.35 | 1,098,488,672.67 |
Including: Interest receivable | ||
Dividends receivable | 28,730,000.00 | 2,000,000.00 |
Inventory | ||
Contract assets | ||
Held-for-sale assets | ||
Non-current assets due within one year | ||
Other current assets | 101,737,225.02 | 4,172,729.68 |
Total current assets | 1,235,927,357.99 | 2,073,987,184.70 |
Non-current assets: | ||
Debt investment | ||
Financial assets available for sale | ||
Other debt investment | ||
Held-to-maturity investment | ||
Long-term receivables | 9,000,000.00 | 9,000,000.00 |
Long-term equity investment | 1,387,682,637.01 | 1,326,039,288.79 |
Other equity instrument investment | 33,515,392.83 | 33,515,392.83 |
Other non-current financial |
assets | ||
Investment properties | 244,953,194.49 | 252,842,527.62 |
Fixed assets | 18,022,003.16 | 17,786,925.84 |
Construction in progress | ||
Productive biological assets | ||
Oil & gas assets | ||
Right-of-use assets | ||
Intangible assets | 1,368,226.88 | 1,671,913.78 |
Development expenses | ||
Goodwill | ||
Long-term expenses to be amortized | 7,396,045.54 | 9,404,881.96 |
Deferred income tax assets | 1,317,682.44 | 1,673,932.41 |
Other non-current assets | 39,560.00 | |
Total non-current assets | 1,703,255,182.35 | 1,651,974,423.23 |
Total assets | 2,939,182,540.34 | 3,725,961,607.93 |
Current liabilities: | ||
Short-term borrowing | 100,000,000.00 | 520,000,000.00 |
Trading financial liabilities | ||
Financial liabilities measured by fair value with changes included in current gains and losses | ||
Derivative financial liabilities | ||
Notes payable | ||
Accounts payable | 206,374.11 | 206,374.11 |
Advance receipt | 19,449,689.07 | 22,491,215.88 |
Contract liabilities | ||
Payroll payable | 3,305,015.13 | 5,143,700.56 |
Taxes payable | 11,910,362.92 | 4,471,684.00 |
Other payables | 70,754,326.48 | 439,491,749.59 |
Including: Interest payable | 1,578,179.07 | |
Dividends payable | ||
Held-for-sale liabilities | ||
Non-current liabilities due within one year |
Other current liabilities | ||
Total current liabilities | 205,625,767.71 | 991,804,724.14 |
Non-current liabilities: | ||
Long-term borrowing | ||
Bonds payable | 772,147,044.47 | 787,752,107.90 |
Including: Preferred stock | ||
Perpetual capital securities | ||
Lease liabilities | ||
Long-term payables | ||
Long-term payroll payable | ||
Estimated liabilities | ||
Deferred income | 5,167,529.60 | 6,592,529.57 |
Deferred income tax liabilities | ||
Other non-current liabilities | ||
Total non-current liabilities | 777,314,574.07 | 794,344,637.47 |
Total liabilities | 982,940,341.78 | 1,786,149,361.61 |
Owners' equity: | ||
Share capital | 1,235,656,249.00 | 1,235,656,249.00 |
Other equity instruments | ||
Including: Preferred stock | ||
Perpetual capital securities | ||
Capital reserve | 222,561,161.66 | 231,415,947.36 |
Less: Treasury shares | ||
Other comprehensive income | 206.21 | -55.90 |
Special reserve | ||
Surplus reserve | 152,762,534.98 | 152,762,534.98 |
Undistributed profits | 345,262,046.71 | 319,977,570.88 |
Total owners' equity | 1,956,242,198.56 | 1,939,812,246.32 |
Total liabilities and owners' equity | 2,939,182,540.34 | 3,725,961,607.93 |
3. Consolidated Profit Statement in Current Reporting Period
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Total operating income | 348,105,199.21 | 561,704,545.25 |
Including: Operating income | 348,105,199.21 | 561,704,545.25 |
Interest income | 0.00 | |
Earned premiums | 0.00 | |
Service charges and commissions income | 0.00 | |
II. Total operating cost | 299,828,896.42 | 461,817,703.47 |
Including: Operating cost | 233,255,315.85 | 385,280,407.90 |
Interest expenses | ||
Service charges and commissions expenses | ||
Surrender value | ||
Net compensation pay-outs | ||
Net insurance deposit accrued | ||
Insurance dividends | ||
Reinsurance expenses | ||
Operating tax and surcharges | 7,957,446.65 | 18,760,506.17 |
Sale expenses | 6,352,532.01 | 9,863,748.78 |
Management expenses | 25,084,118.00 | 30,304,372.95 |
R&D expenses | 2,054,425.95 | 0.00 |
Financial expenses | 25,125,057.96 | 17,608,667.67 |
Including: Interest expenses | 26,678,378.39 | 56,338,849.11 |
Interest income | -924,984.27 | -4,428,143.40 |
Add: Other income | 2,209,604.72 | |
Income from investment (enter "-" for loss) | 18,067,431.48 | 693,535.91 |
Including: Income from investment in associates and joint ventures | -1,864,367.52 | -4,808,467.81 |
Income from derecognition of financial assets at amortized cost | ||
Income from exchange (enter "-" for loss) | ||
Income from net exposure hedge (enter "-" for loss) | ||
Income from changes in fair value (enter "-" for loss) | ||
Credit impairment loss (enter "-" for loss) | ||
Asset impairment loss (enter "-" for loss) | -2,400.00 | |
Income from asset disposal (enter "-" for loss) | ||
III. Operating profit (enter "-" for loss) | 68,550,938.99 | 100,580,377.69 |
Add: Non-operating income | 1,560,343.79 | 2,428,758.29 |
Less: Non-operating expenses | -109,565.49 | 1,797,197.37 |
IV. Total profit (enter "-" for total loss) | 70,220,848.27 | 101,211,938.61 |
Less: Income tax | 23,143,005.22 | 32,529,740.36 |
V. Net profit (enter "-" for net loss) | 47,077,843.05 | 68,682,198.25 |
(I) Classification by going concern | ||
1. Net profit from continuing operations (enter "-" for net loss) | 47,077,843.05 | 205,277,474.20 |
2. Net profit from discontinuing operations (enter "-" for net loss) | -6,057,464.41 | |
(II) Classification by ownership | ||
1. Net profit attributable to owners of the parent company | 26,970,095.87 | 40,399,673.95 |
2. Profit and loss of minority shareholders | 20,107,747.18 | 28,282,524.30 |
VI. Net of tax of other comprehensive income | -18,431.74 | -1,702.10 |
Total owners' net of tax of other comprehensive income attributable to the parent company | -12,195.56 | -20,106.43 |
1. Other comprehensive income not to be reclassified into profit and |
loss | ||
(1) Changes in net liabilities or net assets of the re-measured defined benefit plan | ||
(2) Shares of the investee of other comprehensive income not to be reclassified into profit and loss under the equity method | ||
3. Changes in fair value of other equity instrument investment | ||
4. Changes in fair value of corporate credit risks | ||
(5) Others | ||
2. Other comprehensive income to be reclassified into profit and loss | -12,195.56 | -20,106.43 |
(1) Other comprehensive income to be reclassified into profit and loss under the equity method | -33.83 | 25.45 |
(2) Changes in fair value of other debt investment | ||
(3) Profit and loss from changes in fair value of the available-for-sale financial assets | -12,161.73 | -20,131.88 |
(4) Amount of financial assets reclassified into other comprehensive income | ||
(5) Profit or loss from reclassification of held-to-maturity investments into available-for-sale financial assets | ||
(6) Provision for credit impairment of other debt investment | ||
(7) Cash flow hedge reserve | ||
(8) Foreign currency translation differences | ||
(9) Others | ||
Net of tax of other comprehensive income attributable to minority | -6,236.18 | 18,404.33 |
shareholders | ||
VII. Total comprehensive income | 47,059,411.31 | 68,680,496.15 |
Total comprehensive income attributable to shareholders of the parent company | 26,957,900.31 | 40,379,567.52 |
Total comprehensive income attributable to minority shareholders | 20,101,511.00 | 28,300,928.63 |
VIII. Earnings per share | ||
1. Basic earnings per share | 0.0218 | 0.0327 |
2. Diluted earnings per share | 0.0218 | 0.0327 |
In case of a business combination under common control in the current period, the net profit of the combined party beforecombination is RMB , and the net profit of the combined party in the previous period is RMB .Chairman of the Board of Directors: Zhang Liang Chief Financial Officer: Yan Dongxia The responsible person of the accountinginstitution: Wang Lei
4. Profit Statement in Current Reporting Period of the Parent Company
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Operating income | 17,149,195.34 | 17,036,869.30 |
Less: Operating cost | 12,291,048.45 | 12,635,598.64 |
Operating tax and surcharges | 1,045,869.42 | 1,077,632.77 |
Sale expenses | 371,367.28 | 216,482.56 |
Management expenses | 5,577,940.83 | 5,658,227.51 |
R&D expenses | 3,571.00 | 0.00 |
Financial expenses | 9,093,259.65 | 6,502,132.55 |
Including: Interest expenses | 12,651,231.92 | 23,002,334.12 |
Interest income | -3,573,688.69 | -8,312,097.89 |
Add: Other income | 474,999.99 | |
Income from investment (enter "-" for loss) | 3,962,805.46 | 95,833,070.48 |
Including: Income from investment in associates and joint ventures | -4,177,765.06 | -4,808,467.81 |
Income from derecognition of financial assets at amortized cost | ||
Income from net exposure hedge (enter "-" for loss) | ||
Income from changes in fair value (enter "-" for loss) | ||
Credit impairment loss (enter "-" for loss) | ||
Asset impairment loss (enter "-" for loss) | ||
Income from asset disposal (enter "-" for loss) | ||
II. Operating profit (enter "-" for loss) | -6,785,342.84 | 86,779,865.75 |
Add: Non-operating income | 11,000.00 | 1,570,422.99 |
Less: Non-operating expenses | 1,700,000.00 |
III. Total profit (enter "-" for total loss) | -6,774,342.84 | 86,650,288.74 |
Less: Income tax | 3,878,570.22 | -1,546,771.59 |
IV. Net profit (enter "-" for net loss) | -10,652,913.06 | 88,197,060.33 |
(I) Net profit from continuing operations (enter "-" for net loss) | -10,652,913.06 | 88,197,060.33 |
(II) Net profit from discontinuing operations (enter "-" for net loss) | ||
V. Net of tax of other comprehensive income | 228.28 | 118.39 |
1. Other comprehensive income not to be reclassified into profit and loss | ||
(1) Changes in net liabilities or net assets of the re-measured defined benefit plan | ||
(2) Shares of the investee of other comprehensive income not to be reclassified into profit and loss under the equity method | ||
3. Changes in fair value of other equity instrument investment | ||
4. Changes in fair value of corporate credit risks | ||
(5) Others | ||
2. Other comprehensive income to be reclassified into profit and loss | 228.28 | 118.39 |
(1) Other comprehensive income to be reclassified into profit and loss under the equity method | 228.28 | 118.39 |
(2) Changes in fair value of other debt investment | ||
(3) Profit and loss from changes in fair value of the available-for-sale financial assets | ||
(4) Amount of financial assets reclassified into other comprehensive income |
(5) Profit or loss from reclassification of held-to-maturity investments into available-for-sale financial assets | ||
(6) Provision for credit impairment of other debt investment | ||
(7) Cash flow hedge reserve | ||
(8) Foreign currency translation differences | ||
(9) Others | ||
VI. Total comprehensive income | -10,652,684.78 | 88,197,178.72 |
VII. Earnings per share | ||
1. Basic earnings per share | ||
2. Diluted earnings per share |
5. Consolidated Profit Statement from Beginning of the Year to the End of the Reporting Period
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Total operating income | 1,113,596,884.35 | 1,451,123,498.84 |
Including: Operating income | 1,113,596,884.35 | 1,444,642,633.92 |
Interest income | 6,480,864.92 | |
Earned premiums | ||
Service charges and commissions income | ||
II. Total operating cost | 971,217,497.63 | 1,204,911,926.47 |
Including: Operating cost | 734,338,928.62 | 994,429,779.15 |
Interest expenses | ||
Service charges and commissions expenses | ||
Surrender value | ||
Net compensation pay-outs | ||
Net insurance deposit accrued | ||
Insurance dividends | ||
Reinsurance expenses | ||
Operating tax and surcharges | 49,262,755.54 | 42,196,977.10 |
Sale expenses | 16,989,051.91 | 23,051,951.82 |
Management expenses | 83,104,695.93 | 92,415,176.65 |
R&D expenses | 2,054,425.95 | 0.00 |
Financial expenses | 85,467,639.68 | 52,818,041.75 |
Including: Interest expenses | 92,694,291.94 | 56,338,849.11 |
Interest income | -7,226,652.26 | -4,428,143.40 |
Add: Other income | 5,720,879.15 | 0.00 |
Income from investment (enter "-" for loss) | 76,745,625.33 | 59,390,854.81 |
Including: Income from investment in associates and joint ventures | -12,813,039.54 | -16,716,197.00 |
Income from derecognition of financial assets at amortized cost | ||
Income from exchange (enter "-" for loss) | ||
Income from net exposure hedge (enter "-" for loss) | ||
Income from changes in fair value (enter "-" for loss) | ||
Credit impairment loss (enter "-" for loss) | ||
Asset impairment loss (enter "-" for loss) | -7,565.00 | -3,362,022.85 |
Income from asset disposal (enter "-" for loss) | ||
III. Operating profit (enter "-" for loss) | 224,838,326.20 | 302,240,404.33 |
Add: Non-operating income | 3,151,415.49 | 4,942,048.24 |
Less: Non-operating expenses | 1,258,085.11 | 14,951,136.75 |
IV. Total profit (enter "-" for total loss) | 226,731,656.58 | 292,231,315.82 |
Less: Income tax | 76,293,559.52 | 93,011,306.00 |
V. Net profit (enter "-" for net loss) | 150,438,097.06 | 199,220,009.82 |
(I) Classification by going concern | ||
1. Net profit from continuing operations (enter "-" for net loss) | 150,438,097.06 | 205,277,474.23 |
2. Net profit from discontinuing operations (enter "-" for net loss) | -6,057,464.41 | |
(II) Classification by ownership | ||
1. Net profit attributable to owners of the parent company | 110,257,647.89 | 138,066,661.89 |
2. Profit and loss of minority shareholders | 40,180,449.17 | 61,153,347.93 |
VI. Net of tax of other comprehensive income | 18,467.01 | -56,797.37 |
Total owners' net of tax of other comprehensive income attributable to the parent company | 12,382.93 | -37,828.28 |
1. Other comprehensive income not to be reclassified into profit and |
loss | ||
(1) Changes in net liabilities or net assets of the re-measured defined benefit plan | ||
(2) Shares of the investee of other comprehensive income not to be reclassified into profit and loss under the equity method | ||
3. Changes in fair value of other equity instrument investment | ||
4. Changes in fair value of corporate credit risks | ||
(5) Others | ||
2. Other comprehensive income to be reclassified into profit and loss | 12,382.93 | -37,828.28 |
(1) Other comprehensive income to be reclassified into profit and loss under the equity method | 12,382.93 | |
(2) Changes in fair value of other debt investment | ||
(3) Profit and loss from changes in fair value of the available-for-sale financial assets | -37,828.28 | |
(4) Amount of financial assets reclassified into other comprehensive income | ||
(5) Profit or loss from reclassification of held-to-maturity investments into available-for-sale financial assets | ||
(6) Provision for credit impairment of other debt investment | ||
(7) Cash flow hedge reserve | ||
(8) Foreign currency translation differences | ||
(9) Others | ||
Net of tax of other comprehensive income attributable to minority | 6,084.08 | -18,969.09 |
shareholders | ||
VII. Total comprehensive income | 150,456,564.07 | 199,163,212.45 |
Total comprehensive income attributable to shareholders of the parent company | 110,270,030.82 | 138,028,833.61 |
Total comprehensive income attributable to minority shareholders | 40,186,533.25 | 61,134,378.84 |
VIII. Earnings per share | ||
1. Basic earnings per share | 0.0892 | 0.1117 |
2. Diluted earnings per share | 0.0892 | 0.1117 |
In case of a business combination under common control in the current period, the net profit of the combined party beforecombination is RMB , and the net profit of the combined party in the previous period is RMB .Chairman of the Board of Directors: Zhang Liang Chief Financial Officer: Yan Dongxia The responsible person of the accountinginstitution: Wang Lei
6. Profit Statement of the Parent Company from Beginning of the Year to the End of the Reporting Period
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Operating income | 56,541,409.60 | 54,002,637.18 |
Less: Operating cost | 31,899,284.78 | 33,720,284.08 |
Operating tax and surcharges | 3,259,315.11 | 3,512,934.28 |
Sale expenses | 371,367.28 | 216,482.56 |
Management expenses | 18,557,639.12 | 16,232,297.04 |
R&D expenses | 0.00 | |
Financial expenses | 35,096,781.08 | 14,837,050.62 |
Including: Interest expenses | 45,997,934.71 | 23,002,334.12 |
Interest income | -10,961,502.79 | -8,312,097.89 |
Add: Other income | 3,037,399.97 | |
Income from investment (enter "-" for loss) | 112,184,519.20 | 204,345,458.34 |
Including: Income from investment in associates and joint ventures | -12,883,039.54 | -13,741,197.00 |
Income from derecognition of financial assets at amortized cost | ||
Income from net exposure hedge (enter "-" for loss) | ||
Income from changes in fair value (enter "-" for loss) | ||
Credit impairment loss (enter "-" for loss) | ||
Asset impairment loss (enter "-" for loss) | ||
Income from asset disposal (enter "-" for loss) | ||
II. Operating profit (enter "-" for loss) | 82,582,512.40 | 189,829,046.94 |
Add: Non-operating income | 38,167.00 | 2,772,317.01 |
Less: Non-operating expenses | 41,873.20 | 8,874,462.04 |
III. Total profit (enter "-" for total loss) | 82,578,806.20 | 183,726,901.91 |
Less: Income tax | 14,001,167.98 | 13,902,604.49 |
IV. Net profit (enter "-" for net loss) | 68,577,638.22 | 169,824,297.42 |
(I) Net profit from continuing operations (enter "-" for net loss) | 68,577,638.22 | 169,824,297.42 |
(II) Net profit from discontinuing operations (enter "-" for net loss) | ||
V. Net of tax of other comprehensive income | 262.11 | 92.94 |
1. Other comprehensive income not to be reclassified into profit and loss | ||
(1) Changes in net liabilities or net assets of the re-measured defined benefit plan | ||
(2) Shares of the investee of other comprehensive income not to be reclassified into profit and loss under the equity method | ||
3. Changes in fair value of other equity instrument investment | ||
4. Changes in fair value of corporate credit risks | ||
(5) Others | ||
2. Other comprehensive income to be reclassified into profit and loss | 262.11 | 92.94 |
(1) Other comprehensive income to be reclassified into profit and loss under the equity method | 262.11 | 92.94 |
(2) Changes in fair value of other debt investment | ||
(3) Profit and loss from changes in fair value of the available-for-sale financial assets | ||
(4) Amount of financial assets reclassified into other comprehensive income |
(5) Profit or loss from reclassification of held-to-maturity investments into available-for-sale financial assets | ||
(6) Provision for credit impairment of other debt investment | ||
(7) Cash flow hedge reserve | ||
(8) Foreign currency translation differences | ||
(9) Others | ||
VI. Total comprehensive income | 68,577,900.33 | 169,824,390.36 |
VII. Earnings per share | ||
1. Basic earnings per share | ||
2. Diluted earnings per share |
7. Consolidated Cash Flow Statement from Beginning of the Year to the End of the Reporting Period
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Cash flow from operating activities: | ||
Cash received from sales of goods and rendering of services | 1,055,869,379.49 | 1,190,798,262.16 |
Net increase in deposits from customers and interbank | ||
Net increase in loans from central bank | ||
Net increase in borrowing from other financial institutions | ||
Cash received from premiums of primary insurance contracts | ||
Net cash received from reinsurance business | ||
Net increase in deposits from policyholders and investment | ||
Cash received from interest and commissions | 6,311,198.08 | |
Net increase in loans from other banks | ||
Net increase in redemption capital | ||
Net cash received from acting trading securities | ||
Tax refunds | 246,846.66 | |
Other cash received related to operating activities | 141,023,349.87 | 253,127,937.32 |
Subtotal of cash inflow from operating activities | 1,196,892,729.36 | 1,450,484,244.22 |
Cash paid for goods and service | 376,476,832.61 | 565,344,689.47 |
Net increase in loans to customers and prepayment | 0.00 | -15,664,988.00 |
Net increase in deposits with central bank and interbank | ||
Cash paid for compensation |
pay-outs of primary insurance contracts | ||
Net increase in lending funds | ||
Cash paid for interest, service charges, and commissions | ||
Cash paid as insurance dividends | ||
Cash paid to and on behalf of employees | 205,963,444.75 | 195,861,678.08 |
Taxes paid | 139,323,829.77 | 264,954,200.49 |
Other cash paid related to operating activities | 374,111,254.16 | 351,574,995.06 |
Subtotal of cash outflow in operating activities | 1,095,875,361.29 | 1,362,070,575.10 |
Net cash flow from operating activities | 101,017,368.07 | 88,413,669.12 |
II. Cash flows from investing activities: | ||
Cash received from withdrawal of investment | 1,115,450,000.00 | 1,395,212,511.69 |
Cash received from investment income | 47,026,015.29 | 64,918,960.93 |
Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 42,818.11 | 1,220.00 |
Net cash received from disposal of subsidiaries and other business units | 109,633,298.28 | 126,699,000.00 |
Other cash received related to investing activities | 568,202.77 | 0.00 |
Subtotal of cash inflow from investing activities | 1,272,720,334.45 | 1,586,831,692.62 |
Cash paid for purchase and construction of fixed assets, intangible assets and other long-term assets | 61,067,813.82 | 66,254,262.96 |
Cash paid for investment | 1,738,308,340.35 | 1,633,847,350.55 |
Net increase in mortgage loans | ||
Net cash paid for acquisition of subsidiaries and other business units |
Other cash paid related to investing activities | 128,993,042.50 | |
Subtotal of cash outflow in investing activities | 1,928,369,196.67 | 1,700,101,613.51 |
Net cash flow from investing activities | -655,648,862.22 | -113,269,920.89 |
III. Cash flow from financing activities: | ||
Cash received by absorbing investment | 0.00 | 980,000.00 |
Including: Cash received by subsidiaries from investment of minority shareholders | 0.00 | 980,000.00 |
Borrowings received | 513,500,000.00 | 979,000,000.00 |
Other cash received related to financing activities | 237,899,000.00 | 196,900,800.36 |
Subtotal of cash inflow from financing activities | 751,399,000.00 | 1,176,880,800.36 |
Cash repayment | 944,565,815.94 | 924,664,813.71 |
Cash paid for dividend and profit distribution or interest payment | 111,029,873.30 | 95,444,956.60 |
Including: Dividends and profit paid by subsidiaries to minority shareholders | 32,299,129.40 | 26,262,417.89 |
Other cash paid related to financing activities | 110,000,023.31 | 169,669,157.90 |
Subtotal of cash outflow in financing activities | 1,165,595,712.55 | 1,189,778,928.21 |
Net cash flow from financing activities | -414,196,712.55 | -12,898,127.85 |
IV. Influence of exchange rate fluctuation on cash and cash equivalents | 425.02 | 452.95 |
V. Net increase in cash and cash equivalents | -968,827,781.68 | -37,753,926.67 |
Add: Opening balance of cash and cash equivalents | 1,713,792,816.67 | 951,482,605.92 |
VI. Closing balance of cash and cash equivalents | 744,965,034.99 | 913,728,679.25 |
8. Cash Flow Statement of the Parent Company from Beginning of the Year to the End of the ReportingPeriod
Unit: Yuan
Item | Amount incurred in the current period | Amount incurred in the previous period |
I. Cash flow from operating activities: | ||
Cash received from sales of goods and rendering of services | 58,515,246.54 | 51,123,098.98 |
Tax refunds | ||
Other cash received related to operating activities | 140,828,104.57 | 311,283,263.32 |
Subtotal of cash inflow from operating activities | 199,343,351.11 | 362,406,362.30 |
Cash paid for purchasing goods and receiving services | 29,687,838.38 | 27,256,444.94 |
Cash paid to and on behalf of employees | 23,916,391.23 | 19,716,496.24 |
Taxes paid | 4,117,810.79 | 26,671,624.06 |
Other cash paid related to operating activities | 85,334,181.43 | 185,871,943.22 |
Subtotal of cash outflow in operating activities | 143,056,221.83 | 259,516,508.46 |
Net cash flow from operating activities | 56,287,129.28 | 102,889,853.84 |
II. Cash flows from investing activities: | ||
Cash received from withdrawal of investment | 40,980,000.00 | 525,597,700.00 |
Cash received from investment income | 97,776,783.87 | 218,497,996.91 |
Net cash received from disposal of fixed assets, intangible assets and other long-term assets | ||
Net cash received from disposal of subsidiaries and other business units | 0.00 | 77,654,200.00 |
Other cash received related to investing activities | ||
Subtotal of cash inflow from | 138,756,783.87 | 821,749,896.91 |
investing activities | ||
Cash paid for purchase and construction of fixed assets, intangible assets and other long-term assets | 0.00 | 114,000.00 |
Cash paid for investment | 549,426,244.34 | 693,000,000.00 |
Net cash paid for acquisition of subsidiaries and other business units | ||
Other cash paid related to investing activities | ||
Subtotal of cash outflow in investing activities | 549,426,244.34 | 693,114,000.00 |
Net cash flow from investing activities | -410,669,460.47 | 128,635,896.91 |
III. Cash flow from financing activities: | ||
Cash received by absorbing investment | ||
Borrowings received | 250,000,000.00 | 729,000,000.00 |
Other cash received related to financing activities | 221,441,666.68 | 46,394,666.68 |
Subtotal of cash inflow from financing activities | 471,441,666.68 | 775,394,666.68 |
Cash repayment | 710,000,000.00 | 530,000,000.00 |
Cash paid for dividend and profit distribution or interest payment | 58,743,473.04 | 88,928,233.30 |
Other cash paid related to financing activities | 100,000,000.00 | 255,061,667.00 |
Subtotal of cash outflow in financing activities | 868,743,473.04 | 873,989,900.30 |
Net cash flow from financing activities | -397,301,806.36 | -98,595,233.62 |
IV. Influence of exchange rate fluctuation on cash and cash equivalents | ||
V. Net increase in cash and cash equivalents | -751,684,137.55 | 132,930,517.13 |
Add: Opening balance of cash and cash equivalents | 971,108,422.35 | 104,463,125.70 |
VI. Closing balance of cash and cash equivalents | 219,424,284.80 | 237,393,642.83 |
II. Financial Statements Adjustments
1. Adjustments of items of financial statements as of the beginning of the current year due toimplementation of new standards for financial instruments, new standards for income, or new standardsfor lease from 2019
√ Applicable □ Not applicable
Consolidated Balance Sheet Statement
Unit: Yuan
Item | December 31, 2018 | January 01, 2019 | Adjustments |
Current assets: | |||
Monetary funds | 1,757,492,816.67 | 1,757,492,816.67 | |
Deposit reservation for balance | |||
Loans to other banks | |||
Trading financial assets | |||
Financial assets measured by fair value with changes included in current gains and losses | |||
Derivative financial assets | |||
Notes receivable | |||
Accounts receivable | 54,426,228.11 | 54,426,228.11 | |
Receivable financing | |||
Prepayment | 2,701,718.53 | 2,701,718.53 | |
Premiums receivable | |||
Reinsurance accounts receivable | |||
Reinsurance deposit receivable | |||
Other receivables | 115,570,683.93 | 115,570,683.93 | |
Including: Interest receivable | 1,063,684.93 | 1,063,684.93 |
Dividends receivable | 2,000,000.00 | 2,000,000.00 | |
Redemptory monetary capital for resale | |||
Inventory | 2,670,294,017.74 | 2,670,294,017.74 | |
Contract assets | |||
Held-for-sale assets | |||
Non-current assets due within one year | |||
Other current assets | 468,083,201.09 | 468,083,201.09 | |
Total current assets | 5,068,568,666.07 | 5,068,568,666.07 | |
Non-current assets: | |||
Loans and advances issued | |||
Debt investment | |||
Financial assets available for sale | 34,069,679.99 | / | 34,069,679.99 |
Other debt investment | |||
Held-to-maturity investment | |||
Long-term receivables | 19,000,000.00 | 19,000,000.00 | |
Long-term equity investment | 172,684,147.74 | 172,684,147.74 | |
Other equity instrument investment | / | 34,069,679.99 | 34,069,679.99 |
Other non-current financial assets | |||
Investment properties | 1,412,916,851.46 | 1,412,916,851.46 | |
Fixed assets | 59,351,351.90 | 59,351,351.90 | |
Construction in progress | 151,214,015.76 | 151,214,015.76 | |
Productive biological assets | |||
Oil & gas assets | |||
Right-of-use assets | |||
Intangible assets | 32,471,556.32 | 32,471,556.32 | |
Development |
expenses | |||
Goodwill | |||
Long-term expenses to be amortized | 73,769,436.90 | 73,769,436.90 | |
Deferred income tax assets | 56,931,280.75 | 56,931,280.75 | |
Other non-current assets | 47,032,751.31 | 47,032,751.31 | |
Total non-current assets | 2,059,441,072.13 | 2,059,441,072.13 | |
Total assets | 7,128,009,738.20 | 7,128,009,738.20 | |
Current liabilities: | |||
Short-term borrowing | 520,000,000.00 | 520,000,000.00 | |
Loans from central bank | |||
Loans from other banks | |||
Trading financial liabilities | |||
Financial liabilities measured by fair value with changes included in current gains and losses | |||
Derivative financial liabilities | |||
Notes payable | |||
Accounts payable | 293,130,435.56 | 293,130,435.56 | |
Advance receipt | 692,811,462.75 | 692,811,462.75 | |
Contract liabilities | |||
Financial assets sold for repurchase | |||
Deposits from customers and interbank | |||
Acting trading securities | |||
Acting underwriting securities | |||
Payroll payable | 44,065,725.59 | 44,065,725.59 |
Taxes payable | 121,045,597.93 | 121,045,597.93 | |
Other payables | 1,021,673,905.77 | 1,021,673,905.77 | |
Including: Interest payable | 4,943,712.80 | 4,943,712.80 | |
Dividends payable | 4,196,371.01 | 4,196,371.01 | |
Service charges and commissions payable | |||
Reinsurance accounts payable | |||
Held-for-sale liabilities | |||
Non-current liabilities due within one year | 272,569,415.58 | 272,569,415.58 | |
Other current liabilities | |||
Total current liabilities | 2,965,296,543.18 | 2,965,296,543.18 | |
Non-current liabilities: | |||
Insurance deposit | |||
Long-term borrowing | 748,250,000.00 | 748,250,000.00 | |
Bonds payable | 787,752,107.90 | 787,752,107.90 | |
Including: Preferred stock | |||
Perpetual capital securities | |||
Lease liabilities | |||
Long-term payables | |||
Long-term payroll payable | |||
Estimated liabilities | 90,254,503.10 | 90,254,503.10 | |
Deferred income | 6,732,529.57 | 6,732,529.57 | |
Deferred income tax liabilities | 79,875,150.30 | 79,875,150.30 | |
Other non-current liabilities | 0.00 | ||
Total non-current liabilities | 1,712,864,290.87 | 1,712,864,290.87 | |
Total liabilities | 4,678,160,834.05 | 4,678,160,834.05 |
Owners' equity: | |||
Share capital | 1,235,656,249.00 | 1,235,656,249.00 | |
Other equity instruments | |||
Including: Preferred stock | |||
Perpetual capital securities | |||
Capital reserve | 156,892,820.25 | 156,892,820.25 | |
Less: Treasury shares | |||
Other comprehensive income | 91,765.66 | 91,765.66 | |
Special reserve | |||
Surplus reserve | 152,762,534.98 | 152,762,534.98 | |
General risk provision | |||
Undistributed profits | 322,477,846.55 | 152,762,534.98 | |
Total owners' equity attributable to the parent company | 1,867,881,216.44 | 152,762,534.98 | |
Minority shareholders' equity | 581,967,687.71 | 152,762,534.98 | |
Total owners' equity | 2,449,848,904.15 | 2,449,848,904.15 | |
Total liabilities and owners' equity | 7,128,009,738.20 | 7,128,009,738.20 |
Balance Sheet Statement of the Parent Company
Unit: Yuan
Item | December 31, 2018 | January 01, 2019 | Adjusted figures |
Current assets: | |||
Monetary funds | 971,108,422.35 | 971,108,422.35 | |
Trading financial assets | |||
Financial assets measured by fair value with changes included in current gains and losses | |||
Derivative financial assets | |||
Notes receivable | |||
Accounts receivable | 217,360.00 | 17,360.00 | |
Receivable financing | |||
Prepayment | |||
Other receivables | 1,098,488,672.67 | 1,098,488,672.67 | |
Including: Interest receivable | |||
Dividends receivable | 2,000,000.00 | 2,000,000.00 | |
Inventory | |||
Contract assets | |||
Held-for-sale assets | |||
Non-current assets due within one year | |||
Other current assets | 4,172,729.68 | 4,172,729.68 | |
Total current assets | 2,073,987,184.70 | 2,073,987,184.70 | |
Non-current assets: | |||
Debt investment | |||
Financial assets available for sale | 33,515,392.83 | / | -33,515,392.83 |
Other debt investment | |||
Held-to-maturity investment | |||
Long-term receivables | 9,000,000.00 | 9,000,000.00 |
Long-term equity investment | 1,326,039,288.79 | 1,326,039,288.79 | |
Other equity instrument investment | 33,515,392.83 | 33,515,392.83 | |
Other non-current financial assets | |||
Investment properties | 252,842,527.62 | 252,842,527.62 | |
Fixed assets | 17,786,925.84 | 17,786,925.84 | |
Construction in progress | |||
Productive biological assets | |||
Oil & gas assets | |||
Right-of-use assets | |||
Intangible assets | 1,671,913.78 | 1,671,913.78 | |
Development expenses | |||
Goodwill | |||
Long-term expenses to be amortized | 9,404,881.96 | 9,404,881.96 | |
Deferred income tax assets | 1,673,932.41 | 1,673,932.41 | |
Other non-current assets | 39,560.00 | 39,560.00 | |
Total non-current assets | 1,651,974,423.23 | 1,651,974,423.23 | |
Total assets | 3,725,961,607.93 | 3,725,961,607.93 | |
Current liabilities: | |||
Short-term borrowing | 520,000,000.00 | 520,000,000.00 | |
Trading financial liabilities | |||
Financial liabilities measured by fair value with changes included in current gains and losses | |||
Derivative financial liabilities | |||
Notes payable |
Accounts payable | 206,374.11 | 206,374.11 | |
Advance receipt | 22,491,215.88 | 22,491,215.88 | |
Contract liabilities | |||
Payroll payable | 5,143,700.56 | 5,143,700.56 | |
Taxes payable | 4,471,684.00 | 4,471,684.00 | |
Other payables | 439,491,749.59 | 439,491,749.59 | |
Including: Interest payable | 1,578,179.07 | 1,578,179.07 | |
Dividends payable | |||
Held-for-sale liabilities | |||
Non-current liabilities due within one year | |||
Other current liabilities | |||
Total current liabilities | 991,804,724.14 | 991,804,724.14 | |
Non-current liabilities: | |||
Long-term borrowing | |||
Bonds payable | 787,752,107.90 | 787,752,107.90 | |
Including: Preferred stock | |||
Perpetual capital securities | |||
Lease liabilities | |||
Long-term payables | |||
Long-term payroll payable | |||
Estimated liabilities | |||
Deferred income | 6,592,529.57 | 6,592,529.57 | |
Deferred income tax liabilities | |||
Other non-current liabilities | |||
Total non-current liabilities | 794,344,637.47 | 794,344,637.47 | |
Total liabilities | 1,786,149,361.61 | 1,786,149,361.61 |
Owners' equity: | |||
Share capital | 1,235,656,249.00 | 1,235,656,249.00 | |
Other equity instruments | |||
Including: Preferred stock | |||
Perpetual capital securities | |||
Capital reserve | 231,415,947.36 | 231,415,947.36 | |
Less: Treasury shares | |||
Other comprehensive income | -55.90 | -55.90 | |
Special reserve | |||
Surplus reserve | 152,762,534.98 | 152,762,534.98 | |
Undistributed profits | 319,977,570.88 | 319,977,570.88 | |
Total owners' equity | 1,939,812,246.32 | 1,939,812,246.32 | |
Total liabilities and owners' equity | 3,725,961,607.93 | 3,725,961,607.93 |
2. Notes to retrospective adjustments of comparative data of previous periods due to implementation of newstandards for financial instruments or new standards for lease from 2019
□ Applicable ? Not applicable
III. Audit ReportIs the 3rd quarter report audited?
□ Yes ? No
The 3rd quarter report of the Company has not been audited.