Shenzhen Tellus Holding Co. Ltd.The Third Quarterly Report For 2019
October 2019
Section I. Important Notice
Board of Directors Supervisory Committee all directors supervisors and senior
executives of Shenzhen Tellus Holding Co. Ltd. (hereinafter referred to as the
Company) hereby confirm that there are no any fictitious statements misleading
statements or important omissions carried in this report and shall take all
responsibilities individual and/or joint for the reality accuracy and completion
of the whole contents.
All directors are present the meeting of the Board for deliberating the Third
Quarter Report of the Company in person.
Fu Chunlong person in charge of the Company head of the accounting works
Lou Hong and Liu Yuhong accounting body principals (accountant in charge)
hereby confirm that the Financial Report of the Third Quarterly Report is
authentic accurate and complete
Section II. Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Current period-end Period-end of last year Increase/decrease
Total assets (RMB) 1803019053.39 1658295531.00 8.73%
Net assets attributable to
shareholders of listed company
(RMB)
1114250727.18 1050209537.35 6.10%
Current period
Increase/decrease in
comparison with same
period of last year (%)
From Year-begin to
end of the Period
Increase/decrease in
comparison with
year-begin to
Period-end of last year
Operating revenue (RMB) 147368783.52 59.10% 425637522.85 46.48%
Net profit attributable to
shareholders of the listed company
(RMB)
19261241.23 115.93% 64041189.83 78.68%
Net profit attributable to
shareholders of the listed company
after deducting non-recurring gains
and losses (RMB)
17897653.01 162.56% 58491012.73 102.28%
Net cash flow arising from
operating activities (RMB)
-- -- 57968425.90
Basic earnings per share
(RMB/Share)
0.0447 49.00% 0.1486 23.22%
Diluted earnings per share
(RMB/Share)
0.0447 49.00% 0.1486 23.22%
Weighted average ROE 1.74% 0.84% 5.92% 2.27%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Item
Amount from year-begin to
end of the Period
Note
Gains/losses from the disposal of non-current asset (including the
write-off that accrued for impairment of assets)
244106.72 Income from disposal fixed assets
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
national standards which are closely relevant to enterprise’s
business)
278123.14 Government subsidy
Capital occupancy expense collected from non-financial
enterprises and recorded in current gains and losses
56458.32
Capital occupation fee of
joint-stock enterprise
Except for effective hedge business relevant to normal operation
of the Company gains and losses arising from fair value change
of tradable financial assets and tradable financial liabilities and
investment income from disposal of tradable financial assets
tradable financial liabilities and financial assets available for sale
7529132.94 Income from financing
Restoring of receivable impairment provision that tested
individually
460948.15 Restoring of bad debt provision
Other non-operating income and expenditure except for the
aforementioned items
-746745.70
The liquidated damages paid for
early termination of lease from
Tellus Starlight Jinzun Company
Less: impact on income tax 1875531.86
Impact on minority shareholders’ equity (post-tax) 396314.61
Total 5550177.10 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss explain reasons
□ Applicable √ Not applicable
In reporting period the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In share
Total number of common
shareholders at the end of report
period
52620
Total preference shareholders
with voting rights recovered at
end of reporting period (if
applicable)
0
Top ten shareholders
Shareholders Nature of Proportion of Amount of shares Amount of Number of share pledged/frozen
shareholder shares held held restricted shares
held
State of share Amount
SHENZHEN
SDG CO. LTD.
State-owned
corporate
49.09% 211591621 0 0
Shenzhen Capital
Fortune Jewelry
Industry
Investment
Enterprise
(limited
partnership)
Domestic
non-state-owned
corporate
18.89% 81407360 0 0
GUOTAI
JUNAN
SECURITIES(H
ONGKONG)
LIMITED
Foreign
corporation
0.41% 1746091 0 0
Agricultural Bank
of China Ltd. –
CSI 500 ETF
Other 0.23% 997124 0 0
Zuo Min
Domestic nature
person
0.13% 551500 0 0
Hong Kong
Securities
Clearing
Company Ltd.
Foreign
corporation
0.12% 497052 0 0
Li Guangxin
Domestic nature
person
0.11% 487181 0 0
Huang Xinchang
Domestic nature
person
0.11% 463565 0 0
He Xing
Domestic nature
person
0.10% 444135 0 0
Zeng Huiming
Foreign nature
person
0.09% 388640 0 0
Particular about top ten shareholders with un-restrict shares held
Shareholders Amount of un-restrict shares held
Type of shares
Type Amount
SHENZHEN SDG CO. LTD. 211591621
RMB ordinary
shares
211591621
Shenzhen Capital Fortune Jewelry
Industry Investment Enterprise
81407360
RMB ordinary
shares
81407360
(limited partnership)
GUOTAI JUNAN
SECURITIES(HONGKONG)
LIMITED
1746091
Domestically
listed foreign
shares
1746091
Agricultural Bank of China Ltd. –
CSI 500 ETF
997124
RMB ordinary
shares
997124
Zuo Min 551500
RMB ordinary
shares
551500
Hong Kong Securities Clearing
Company Ltd.
497052
RMB ordinary
shares
497052
Li Guangxin 487181
Domestically
listed foreign
shares
487181
Huang Xinchang 463565
RMB ordinary
shares
463565
He Xing 444135
Domestically
listed foreign
shares
444135
Zeng Huiming 388640
Domestically
listed foreign
shares
388640
Explanation on associated
relationship among the top ten
shareholders or consistent action
Among the top ten shareholders there exists no associated relationship between the
state-owned legal person’s shareholders Shenzhen SDG Co. Ltd and other shareholders and
they do not belong to the consistent actionist regulated by the Management Measure of
Information Disclosure on Change of Shareholding for Listed Companies. For the other
shareholders of circulation share the Company is unknown whether they belong to the
consistent actionist.
Explanation on top ten common
shareholders involving margin
business (if applicable)
Shareholder Zuo Min holds 551500 shares of the Company through security account for
credit transactions and holds 0 share of the Company via common security account 551500
shares are held in total by Huang. Shareholder Huang Xinchang holds 463565 shares of the
Company through security account for credit transactions and holds 0 share of the Company
via common security account 463565 shares are held in total by Huang.Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
Balance Sheet
Assets Closing balance Opening balance Amount changed
Ratio
changed
Causes
Monetary Fund 216483610.67 169512260.69 46971349.98 27.71%
Equity transfer account of Xinglong
received
Account
receivable
117114399.06 86104660.51 31009738.55 36.01%
Account receivable for jewelry
wholesale from Sichuan Jewelry
Company increased
Inventory 6597660.18 12342854.40 -5745194.22 -46.55%
Stock vehicles from Huari Company
at period-end declined
Other current
assets
638927.07 2032494.44 -1393567.37 -68.56%
Carry forward the pending deduct
VAT on purchase
Long term
equity
investment
158081935.09 224644766.21 -66562831.12 -29.63%
Bonus from share-participated
enterprise Dongfeng Company and
Zungfu Tellus
Short-term loans 93000000.00 143000000.00 -50000000.00 -34.97% Bank loans payment
Long-term loans 34934887.55 -34934887.55 Bank loans payment
Retained profit 248576512.53 184535322.70 64041189.83 34.70%
Net profit attributable to owners of
parent company increased in the
period
Minority’s
interest
70442622.70 49072678.52 21369944.18 43.55%
Investment contribution from minority
are received by Sichuan Jewelry
Company in the period
Account paid in
advance
15852711.86 9112473.27 6740238.59 73.97%
Account of vehicle procurement paid
in advance from Huari Company
Other account
receivable
49085800.83 14483208.41 34602592.42 238.92%
Bonus receivable from
share-participated enterprise
Fixed assets 108004259.57 112674017.53 -4669757.96 -4.14%
Construction in
progress
95457077.32 12843571.97 82613505.35 643.23%
Initial investment for the 2nd phase
project of Jewelry Building
Account
payable
64910586.04 73365876.09 -8455290.05 -11.52%
Account for the 1st phase project of
Jewelry Building paid
Account 12422345.77 15897763.97 -3475418.20 -21.86% Vehicle-sales account received by
received in
advance
Huari Company are carry-over as
income
Other payable 398643695.11 250489094.47 148154600.64 59.15%
Account of the equity transfer of
Xinglong Company ready for carry
forward
Investment real
estate
490052228.96 503922413.70 -13870184.74 -2.75%
Long-term
deferred
expenses
11049156.07 6304607.22 4744548.85 75.26% Decoration charge increased
Other non
current assets
100000.00 3356964.72 -3256964.72 -97.02%
The account of engineering paid in
advance are carry forward to
construction in progress
Transactional
financial assets
364882733.47 330400000.00 34482733.47 10.44% Purchasing more financial products
Profit statement
Item This cumulative
Same period last
year
Amount changed
Ratio
changed
Causes
Taxes and
additional
4319838.32 4328002.45 -8164.13 -0.19%
Income from
investment
22566849.89 24781246.51 -2214396.62 -8.94%
Investment income from shareholding
corporation decreased
Net profit
attributable to
shareholders of
listed companies
64041189.83 35840454.89 28200734.94 78.68%
Operation profit from 1st phase project
of Jewelry Building increased
Financial
expenses
4716086.24 4664936.72 51149.52 1.10%
Assets
impairment loss
-11907.69 -383789.39 371881.70 Provision for bad debts is reversed
Income tax 10188689.49 3512202.79 6676486.70 190.09% Operation profit increased
Operating income 425637522.85 290580852.31 135056670.54 46.48%
Operation income from 1st phase
project of Jewelry Building increased
on a y-o-y basis
Operating cost 323317036.00 225063206.15 98253829.85 43.66%
Operating cost increased with the
growth of income
Sales expenses 14256308.73 13044897.24 1211411.49 9.29%
Operation expenses for 1st phase
project of Jewelry Building increased
Management 26035385.25 28759511.53 -2724126.28 -9.47% Remuneration declined due to the
expenses decrease of staffs and routine
expenses are in control
Cash flow statement
Item This cumulative
Same period last
year
Amount changed
Ratio
changed
Causes
Net cash flow
arising from
investment
activities
70629412.84 -571829.95 71201242.79
In-flow refers to the equity transfer
account of Xinglong received;
out-flow refers to the initial
investment for the 2nd phase project of
Jewelry Building
Net cash flow
arising from
financing
activities
-81626498.60 18901213.52 -100527712.12
Bank loans paid to the bank increased
on a y-o-y basis
Net increase of
cash and cash
equivalent
46971349.98 -7650223.64 54621573.62
Net cash flow
arising from
operation
activities
57968425.90 -25979677.74 83948103.64
Operation income from 1st phase
project of Jewelry Building increased
on a y-o-y basis
II. Progress and influence of the main events as well as solution analysis specification
√Applicable □Not applicable
Sales of the 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd.
On 12 December 2017 and on 28 December 2017 the 13th extraordinary meeting of 8th BOD and the 3rd extraordinary general
meeting of 2017 were holding for deliberated and approved the Proposal on selling 43% equity of Shenzhen Xinglong Machinery
Mould Co. Ltd. that is agreed to selling 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd the share-participated
enterprise through public listing with not less than the asset appraisal value 286.0171 million Yuan. After transaction the Company
no longer holds equity of Shenzhen Xinglong Machinery Mould Co. Ltd. Relevant content found in the Notice on selling 43% equity
of Shenzhen Xinglong Machinery Mould Co. Ltd. (Notice No.: 2017-095) released on Securities Times Hong Kong Commercial
Daily and Juchao Website (http://www.cninfo.com.cn)
On 26 March 2018 the 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd are transferred by listing on Shenzhen United
Property and Share Rights Exchange. According to the trading result from Shenzhen United Property and Share Rights Exchange till
end of the listing Shenzhen Runhe United Investment Development Co. Ltd (hereinafter referred to as Runhe) is the ultimate
transferee with price of 286.67 million Yuan for transferring. Cash deposit 30 million Yuan are paid to Shenzhen United Property
and Share Rights Exchange by Runhe. On 15 June 2018 the Company entered into an State-owned Assets Transfer Agreement with
Runhe the 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd will transfer with price of 286.67 million Yuan. Relevant
content found in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd. (Notice No.: 2018-040)
released on Securities Times Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
Up to 13 August 2019 the total transfer amount 286.67 million Yuan and interest 9.0281 million Yuan are collected by the Company
all account agreed on supplemental agreement and the State-owned Assets Transfer Agreement are received by the Company.Relevant content found in the Progress of selling 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd. (Notice No.:
2019-028) released on Securities Times Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
On 8 October 2019 The industrial and commercial change registration procedures for the equity transfer of Shenzhen Xinglong
Machinery Mould Co. Ltd was completed. After registration change completed the Company no longer holds equity of Shenzhen
Xinglong Machinery Mould Co. Ltd and the transaction has been completed. Relevant content found in the Notice of industrial &
commercial registration of changes on selling 43% equity of Shenzhen Xinglong Machinery Mould Co. Ltd. (Notice No.: 2019-037)
released on Securities Times Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn)
Overview Date for disclosure
Information index for temporary report
disclosure
Sales of the 43% equity of Shenzhen
Xinglong Machinery Mould Co. Ltd.
2017-12-13
Found more in the Notice on selling 43%
equity of Shenzhen Xinglong Machinery
Mould Co. Ltd. (Notice No.: 2017-095)
released on Securities Times Hong Kong
Commercial Daily and Juchao Website
(http://www.cninfo.com.cn)
2018-06-20
Found more in the Progress of selling 43%
equity of Shenzhen Xinglong Machinery
Mould Co. Ltd. (Notice No.: 2018-040)
released on Securities Times Hong Kong
Commercial Daily and Juchao Website
(http://www.cninfo.com.cn)
2019-08-16
Found more in the Progress of selling 43%
equity of Shenzhen Xinglong Machinery
Mould Co. Ltd. (Notice No.: 2019-028)
released on Securities Times Hong Kong
Commercial Daily and Juchao Website
(http://www.cninfo.com.cn)
2019-10-11
Found more in the Notice of industrial &
commercial registration of changes on
selling 43% equity of Shenzhen Xinglong
Machinery Mould Co. Ltd. (Notice No.:
2019-037) released on Securities Times
Hong Kong Commercial Daily and Juchao
Website (http://www.cninfo.com.cn)
Progress of shares buy-back
□Applicable √Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□Applicable √Not applicable
III. Commitments that the actual controller shareholders related party acquirer and the
Company etc. have fulfilled during the reporting period and have not yet fulfilled by the end
of reporting period
□ Applicable √ Not applicable
There are no commitments that the actual controller shareholders related party acquirer and the Company etc. have fulfilled during
the reporting period and have not yet fulfilled by the end of reporting period.IV. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
V. Entrust finance
√Applicable □Not applicable
In 10 thousand Yuan
Type Capital sources Amount entrust Unexpired balance Overdue amount
Bank financial products Own funds 36488.27 36488.27 0
Total 36488.27 36488.27 0
Details of the single major amount or high-risk entrust investment with low security poor fluidity and non-guaranteed:
□ Applicable √ Not applicable
Entrust financial expected to be unable to recover the principal or impairment might be occurred
□ Applicable √ Not applicable
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.VII. Registration form for receiving research communication and interview in the report
period
□ Applicable √ Not applicable
No registration form for receiving research communication or interview in the Period.VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen Tellus Holding Co. Ltd.
2019-09-30
In RMB
Item 2019-9-30 2018-12-31
Current assets:
Monetary funds 216483610.67 169512260.69
Settlement provisions
Capital lent
Tradable financial assets 364882733.47
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Note receivable
Account receivable 117114399.06 86104660.51
Receivable financing
Accounts paid in advance 15852711.86 9112473.27
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 49085800.83 14483208.41
Including: Interest receivable 1031521.11 723407.50
Dividend receivable 39100548.07 232683.74
Buying back the sale of financial
assets
Inventories 6597660.18 12342854.40
Contractual assets
Assets held for sale 85017251.77 85017251.77
Non-current asset due within one
year
Other current assets 638927.07 332432494.44
Total current assets 855673094.91 709005203.49
Non-current assets:
Loans and payments on behalf
Debt investment
Finance asset available for sales 10176617.20
Other debt investment
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 158081935.09 224644766.21
Investment in other equity
instrument
10176617.20
Other non-current financial assets
Investment real estate 490052228.96 503922413.70
Fixed assets 108004259.57 112674017.53
Construction in progress 95457077.32 12843571.97
Productive biological asset
Oil and gas asset
Right-of-use assets
Intangible assets 50098804.21 51012282.25
Expense on Research and
Development
Goodwill
Long-term deferred expenses 11049156.07 6304607.22
Deferred income tax asset 24325880.06 24355086.71
Other non-current asset 100000.00 3356964.72
Total non-current asset 947345958.48 949290327.51
Total assets 1803019053.39 1658295531.00
Current liabilities:
Short-term loans 93000000.00 143000000.00
Loan from central bank
Capital borrowed
Tradable financial liability
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Note payable
Account payable 64910586.04 73365876.09
Accounts received in advance 12422345.77 15897763.97
Contractual liability
Selling financial asset of
repurchase
Absorbing deposit and inter-bank
deposit
Security trading of agency
Security sales of agency
Wage payable 26752456.35 25802670.36
Taxes payable 16450991.12 9377393.57
Other account payable 398643695.11 250489094.47
Including: Interest payable 290215.78
Dividend payable
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities
Total current liabilities 612180074.39 517932798.46
Non-current liabilities:
Insurance contract reserve
Long-term loans 34934887.55
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable 3920160.36 3920160.36
Long-term wages payable
Accrual liability 2225468.76 2225468.76
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 6145629.12 41080516.67
Total liabilities 618325703.51 559013315.13
Owner’s equity:
Share capital 431058320.00 297281600.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 431449554.51 565226274.51
Less: Inventory shares
Other comprehensive income 26422.00 26422.00
Reasonable reserve
Surplus public reserve 3139918.14 3139918.14
Provision of general risk
Retained profit 248576512.53 184535322.70
Total owner’ s equity attributable to
parent company
1114250727.18 1050209537.35
Minority interests 70442622.70 49072678.52
Total owner’ s equity 1184693349.88 1099282215.87
Total liabilities and owner’ s equity 1803019053.39 1658295531.00
Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
2. Balance Sheet of Parent Company
In RMB
Item 2019-9-30 2018-12-31
Current assets:
Monetary funds 119812756.04 88836626.14
Tradable financial assets 205000000.00
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Note receivable
Account receivable 576766.00 38274.00
Receivable financing
Accounts paid in advance 1742930.09 604800.00
Other account receivable 127847295.53 115782944.37
Including: Interest receivable 1031521.11 723407.50
Dividend receivable 232683.74
Inventories
Contractual assets
Assets held for sale 85017251.77 85017251.77
Non-current assets maturing within
one year
Other current assets 195506958.35
Total current assets 539996999.43 485786854.63
Non-current assets:
Debt investment
Available-for-sale financial assets 10176617.20
Other debt investment
Held-to-maturity investments
Long-term receivables
Long-term equity investments 843151275.42 836283491.38
Investment in other equity
instrument
10176617.20
Other non-current financial assets
Investment real estate 40342835.21 44820151.69
Fixed assets 14143782.45 14824845.14
Construction in progress 75806992.10 12843571.97
Productive biological assets
Oil and natural gas assets
Right-of-use assets
Intangible assets 218848.39 249731.94
Research and development costs
Goodwill
Long-term deferred expenses 4926828.62 2958817.65
Deferred income tax assets 13801162.99 13830369.64
Other non-current assets
Total non-current assets 1002568342.38 935987596.61
Total assets 1542565341.81 1421774451.24
Current liabilities:
Short-term borrowings 93000000.00 143000000.00
Tradable financial liability
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Account payable 14000.00 19800.00
Accounts received in advance 1261904.82 4742.51
Contractual liability
Wage payable 4789472.99 4858788.51
Taxes payable 1007249.08 331909.65
Other accounts payable 537747555.97 392558990.89
Including: Interest payable 232810.41
Dividend payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities
Total current liabilities 637820182.86 540774231.56
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable
Long term employee compensation
payable
Accrued liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 637820182.86 540774231.56
Owners’ equity:
Share capital 431058320.00 297281600.00
Other equity instrument
Including: preferred stock
Perpetual capital
securities
Capital public reserve 428256131.23 562032851.23
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 3139918.14 3139918.14
Retained profit 42290789.58 18545850.31
Total owner’s equity 904745158.95 881000219.68
Total liabilities and owner’s equity 1542565341.81 1421774451.24
3. Consolidated Profit Statement (the period)
In RMB
Item Current Period Last Period
I. Total operating income 147368783.52 92625770.58
Including: Operating income 147368783.52 92625770.58
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 129187557.75 88951107.77
Including: Operating cost 112823023.58 71323254.04
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Tax and extras 1351673.26 1405380.53
Sales expense 4897794.44 4706989.97
Administrative expense 9156755.99 9622419.12
R&D expense
Financial expense 958310.48 1893064.11
Including: Interest
expenses
1159928.56 2406812.68
Interest income -2556683.27 -572214.18
Add: other income 271511.85
Investment income (Loss is
listed with “-”)
5855398.96 6915224.26
Including: Investment income
on affiliated company and joint venture
4262192.41 5047631.61
The termination of income
recognition for financial assets measured
by amortized cost(Loss is listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
174862.69
Losses of devaluation of asset
(Loss is listed with “-”)
-11907.69 8250.86
Income from assets disposal
(Loss is listed with “-”)
140947.04
III. Operating profit (Loss is listed with
“-”)
24612038.62 10598137.93
Add: Non-operating income -31383.75 -1088.56
Less: Non-operating expense 1587.39 -4080.68
IV. Total profit (Loss is listed with “-”) 24579067.48 10601130.05
Less: Income tax expense 4150432.73 1624729.02
V. Net profit (Net loss is listed with “-”) 20428634.75 8976401.03
(i) Classify by business continuity
1.continuous operating net profit(net loss listed with ‘-”)
20428634.75 8976401.03
2.termination of net profit (net losslisted with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
of parent company
19261241.23 8920175.03
2.Minority shareholders’ gains and
losses
1167393.52 56226.00
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(ii) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial assets
re-classify to other comprehensive
income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging reserve
8.Translation differences
arising on translation of foreign currency
financial statements
9.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 20428634.75 8976401.03
Total comprehensive income
attributable to owners of parent Company
19261241.23 8920175.03
Total comprehensive income
attributable to minority shareholders
1167393.52 56226.00
VIII. Earnings per share:
(i) Basic earnings per share 0.0447 0.0300
(ii) Diluted earnings per share 0.0447 0.0300
As for the enterprise combined under the same control net profit of 0 Yuan achieved by the merged party before
combination while 0 Yuan achieved last period.Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
4. Profit Statement of Parent Company (the period)
In RMB
Item Current Period Last Period
I. Operating income 9291270.65 10104292.39
Less: Operating cost 874952.45 896708.01
Taxes and surcharge 330105.68 355004.57
Sales expenses
Administration expenses 4592365.64 4612015.01
R&D expenses
Financial expenses 966496.79 1351989.53
Including: interest
expenses
1114808.00 1751845.41
Interest income -1853888.60 -403986.67
Add: other income
Investment income (Loss is
listed with “-”)
4921934.63 5373321.58
Including: Investment income
on affiliated Company and joint venture
3991312.37 4272105.15
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
Losses of devaluation of asset
(Loss is listed with “-”)
Income from assets disposal
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
“-”)
7449284.72 8261896.85
Add: Non-operating income 6940.95 2410.52
Less: Non-operating expense
III. Total Profit (Loss is listed with “-”) 7456225.67 8264307.37
Less: Income tax 9735.55 9735.55
IV. Net profit (Net loss is listed with
“-”)
7446490.12 8254571.82
(i)continuous operating net profit(net loss listed with ‘-”)
7446490.12 8254571.82
(ii) termination of net profit (netloss listed with ‘-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial
assets re-classify to other
comprehensive income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging
reserve
8.Translation differences
arising on translation of foreign
currency financial statements
9.Other
VI. Total comprehensive income 7446490.12 8254571.82
VII. Earnings per share:
(i) Basic earnings per share 0.0173 0.0278
(ii) Diluted earnings per share 0.0173 0.0278
5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Total operating income 425637522.85 290580852.31
Including: Operating income 425637522.85 290580852.31
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 372644654.54 275860554.09
Including: Operating cost 323317036.00 225063206.15
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Tax and extras 4319838.32 4328002.45
Sales expense 14256308.73 13044897.24
Administrative expense 26035385.25 28759511.53
R&D expense
Financial expense 4716086.24 4664936.72
Including: Interest
expenses
5925865.62 6088906.21
Interest income -1404628.58 -1625516.25
Add: other income 278123.14
Investment income (Loss is
listed with “-”)
22566849.89 24781246.51
Including: Investment income
on affiliated company and joint venture
15037716.95 17842932.43
The termination of income
recognition for financial assets measured
by amortized cost(Loss is listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
276528.83
Losses of devaluation of asset
(Loss is listed with “-”)
-11907.69 -383789.39
Income from assets disposal
(Loss is listed with “-”)
244106.72
III. Operating profit (Loss is listed with
“-”)
76346569.20 39117755.34
Add: Non-operating income 88241.69 33305.83
Less: Non-operating expense 834987.39 95607.63
IV. Total profit (Loss is listed with “-”) 75599823.50 39055453.54
Less: Income tax expense 10188689.49 3512202.79
V. Net profit (Net loss is listed with “-”) 65411134.01 35543250.75
(i) Classify by business continuity
1.continuous operating net profit(net loss listed with ‘-”)
65411134.01 35543250.75
2.termination of net profit (net losslisted with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
of parent company
64041189.83 35840454.89
2.Minority shareholders’ gains and
losses
1369944.18 -297204.14
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(ii) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial assets
re-classify to other comprehensive
income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging reserve
8.Translation differences
arising on translation of foreign currency
financial statements
9.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 65411134.01 35543250.75
Total comprehensive income
attributable to owners of parent Company
64041189.83 35840454.89
Total comprehensive income
attributable to minority shareholders
1369944.18 -297204.14
VIII. Earnings per share:
(i) Basic earnings per share 0.1486 0.1206
(ii) Diluted earnings per share 0.1486 0.1206
As for the enterprise combined under the same control net profit of 0 Yuan achieved by the merged party before
combination while 0 Yuan achieved last period.Legal Representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting institute: Liu Yuhong
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Operating income 28403325.20 30187788.81
Less: Operating cost 2649509.45 2739034.23
Taxes and surcharge 1116336.75 1173658.99
Sales expenses
Administration expenses 13099860.82 12598259.32
R&D expenses
Financial expenses 3742293.34 3567639.16
Including: interest
expenses
4725451.70 4783798.05
Interest income -1002153.90 -1244885.01
Add: other income
Investment income (Loss is
listed with “-”)
16716400.08 20329891.27
Including: Investment income
on affiliated Company and joint venture
12367784.04 16426603.62
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
-18945.66
Losses of devaluation of asset
(Loss is listed with “-”)
-69500.70
Income from assets disposal
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
“-”)
24492779.26 30369587.68
Add: Non-operating income 26366.66 5541.49
Less: Non-operating expense
III. Total Profit (Loss is listed with “-”) 24519145.92 30375129.17
Less: Income tax expense 774206.65 29206.65
IV. Net profit (Net loss is listed with
“-”)
23744939.27 30345922.52
(i)continuous operating net profit(net loss listed with ‘-”)
23744939.27 30345922.52
(ii) termination of net profit (netloss listed with ‘-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial
assets re-classify to other
comprehensive income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging
reserve
8.Translation differences
arising on translation of foreign
currency financial statements
9.Other
VI. Total comprehensive income 23744939.27 30345922.52
VII. Earnings per share:
(i) Basic earnings per share 0.0551 0.1021
(ii) Diluted earnings per share 0.0551 0.1021
7. Consolidated Cash Flow Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor
services
431307307.07 290734607.93
Net increase of customer deposit
and inter-bank deposit
Net increase of loan from central
bank
Net increase of capital borrowed
from other financial institution
Cash received from original
insurance contract fee
Net cash received from reinsurance
business
Net increase of insured savings
and investment
Cash received from interest
commission charge and commission
Net increase of capital borrowed
Net increase of returned business
capital
Net cash received by agents in sale
and purchase of securities
Write-back of tax received
Other cash received concerning
operating activities
35433801.62 22834886.64
Subtotal of cash inflow arising from
operating activities
466741108.69 313569494.57
Cash paid for purchasing
commodities and receiving labor
service
316903853.04 233005308.54
Net increase of customer loans and
advances
Net increase of deposits in central
bank and inter-bank
Cash paid for original insurance
contract compensation
Net increase of capital lent
Cash paid for interest commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 41099923.77 38595110.34
Taxes paid 15344440.44 14588515.73
Other cash paid concerning
operating activities
35424465.54 53360237.70
Subtotal of cash outflow arising from
operating activities
408772682.79 339549172.31
Net cash flows arising from operating
activities
57968425.90 -25979677.74
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
1342157575.52 739750000.00
Cash received from investment
income
49812733.56 63533914.95
Net cash received from disposal of
fixed intangible and other long-term
assets
302900.00
Net cash received from disposal of
subsidiaries and other units
1504125.26
Other cash received concerning
investing activities
148187000.00 46001000.00
Subtotal of cash inflow from investing
activities
1540460209.08 850789040.21
Cash paid for purchasing fixed
intangible and other long-term assets
95210796.24 22607470.16
Cash paid for investment 1374620000.00 823020000.00
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
5733400.00
Subtotal of cash outflow from investing
activities
1469830796.24 851360870.16
Net cash flows arising from investing
activities
70629412.84 -571829.95
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
20000000.00 15000000.00
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
20000000.00 15000000.00
Cash received from loans 158020000.00 95082000.00
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
178020000.00 110082000.00
Cash paid for settling debts 253614887.55 78665112.45
Cash paid for dividend and profit
distributing or interest paying
6031611.05 12515674.03
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
activities
259646498.60 91180786.48
Net cash flows arising from financing
activities
-81626498.60 18901213.52
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
9.84 70.53
V. Net increase of cash and cash
equivalents
46971349.98 -7650223.64
Add: Balance of cash and cash
equivalents at the period -begin
142848120.69 141793218.56
VI. Balance of cash and cash
equivalents at the period -end
189819470.67 134142994.92
8. Cash Flow Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor
services
25003577.51 35793107.31
Write-back of tax received
Other cash received concerning
operating activities
8002129.94 22092395.77
Subtotal of cash inflow arising from
operating activities
33005707.45 57885503.08
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 13452722.60 13865248.22
Taxes paid 2466614.79 1904582.44
Other cash paid concerning
operating activities
16204073.88 36052325.18
Subtotal of cash outflow arising from
operating activities
32123411.27 51822155.84
Net cash flows arising from operating
activities
882296.18 6063347.24
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
727000000.00 519000000.00
Cash received from investment
income
22458538.51 56781732.28
Net cash received from disposal of
fixed intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
148187000.00 46001000.00
Subtotal of cash inflow from investing
activities
897645538.51 621782732.28
Cash paid for purchasing fixed
intangible and other long-term assets
63593442.68 5350891.42
Cash paid for investment 749000000.00 608971900.00
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
5733400.00
Subtotal of cash outflow from investing
activities
812593442.68 620056191.42
Net cash flows arising from investing
activities
85052095.83 1726540.86
III. Cash flows arising from financing
activities:
Cash received from absorbing
investment
Cash received from loans 143000000.00 93000000.00
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
143000000.00 93000000.00
Cash paid for settling debts 193000000.00 70000000.00
Cash paid for dividend and profit
distributing or interest paying
4958262.11 11021659.99
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
activities
197958262.11 81021659.99
Net cash flows arising from financing
activities
-54958262.11 11978340.01
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
equivalents
30976129.90 19768228.11
Add: Balance of cash and cash
equivalents at the period -begin
62172486.14 77991738.05
VI. Balance of cash and cash
equivalents at the period -end
93148616.04 97759966.16
II. Financial statement adjustment
1. Relevant items of the financial statement at beginning of the year when implementing the new financial
instrument standards new revenue standards or new leasing standards since 2019
√ Applicable □ Not applicable
Consolidated Balance Sheet
In RMB
Item 2018-12-31 2019-01-01 Adjustment
Current assets:
Monetary funds 169512260.69 169512260.69
Settlement provisions
Capital lent
Tradable financial assets 330400000.00 330400000.00
Financial assets
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
assets
Note receivable
Account receivable 86104660.51 86104660.51
Receivable financing
Accounts paid in
advance
9112473.27 9112473.27
Insurance receivable
Reinsurance receivables
Contract reserve of
reinsurance receivable
Other account
receivable
14483208.41 14483208.41
Including: Interest
receivable
723407.50 723407.50
Dividend
receivable
232683.74 232683.74
Buying back the sale of
financial assets
Inventories 12342854.40 12342854.40
Contractual assets
Assets held for sale 85017251.77 85017251.77
Non-current asset due
within one year
Other current assets 332432494.44 2032494.44 -330400000.00
Total current assets 709005203.49 709005203.49
Non-current assets:
Loans and payments on
behalf
Debt investment
Finance asset available
for sales
10176617.20 -10176617.20
Other debt investment
Held-to-maturity
investment
Long-term account
receivable
Long-term equity
investment
224644766.21 224644766.21
Investment in other
equity instrument
10176617.20 10176617.20
Other non-current
financial assets
Investment real estate 503922413.70 503922413.70
Fixed assets 112674017.53 112674017.53
Construction in progress 12843571.97 12843571.97
Productive biological
asset
Oil and gas asset
Right-of-use assets
Intangible assets 51012282.25 51012282.25
Expense on Research
and Development
Goodwill
Long-term expenses to
be apportioned
6304607.22 6304607.22
Deferred income tax
asset
24355086.71 24355086.71
Other non-current asset 3356964.72 3356964.72
Total non-current asset 949290327.51 949290327.51
Total assets 1658295531.00 1658295531.00
Current liabilities:
Short-term loans 143000000.00 143000000.00
Loan from central bank
Capital borrowed
Tradable financial
liability
Financial liability
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
liability
Note payable
Account payable 73365876.09 73365876.09
Accounts received in
advance
15897763.97 15897763.97
Contractual liability
Selling financial asset of
repurchase
Absorbing deposit and
inter-bank deposit
Security trading of
agency
Security sales of agency
Wage payable 25802670.36 25802670.36
Taxes payable 9377393.57 9377393.57
Other account payable 250489094.47 250489094.47
Including: Interest
payable
290215.78 290215.78
Dividend
payable
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities
due within one year
Other current liabilities
Total current liabilities 517932798.46 517932798.46
Non-current liabilities:
Insurance contract
reserve
Long-term loans 34934887.55 34934887.55
Bonds payable
Including: Preferred
stock
Perpetual
capital securities
Lease liability
Long-term account
payable
3920160.36 3920160.36
Long-term wages
payable
Accrual liability 2225468.76 2225468.76
Deferred income
Deferred income tax
liabilities
Other non-current
liabilities
Total non-current liabilities 41080516.67 41080516.67
Total liabilities 559013315.13 559013315.13
Owner’s equity:
Share capital 297281600.00 297281600.00
Other equity instrument
Including: Preferred
stock
Perpetual
capital securities
Capital public reserve 565226274.51 565226274.51
Less: Inventory shares
Other comprehensive
income
26422.00 26422.00
Reasonable reserve
Surplus public reserve 3139918.14 3139918.14
Provision of general risk
Retained profit 184535322.70 184535322.70
Total owner’ s equity
attributable to parent
company
1050209537.35 1050209537.35
Minority interests 49072678.52 49072678.52
Total owner’ s equity 1099282215.87 1099282215.87
Total liabilities and owner’ s
equity
1658295531.00 1658295531.00
Explanation
The Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of
Financial Instruments the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets Accounting
Standards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37 –
Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019
According to the new financial standards the “Available-for-sale financial assets ” is re-classified to “Financial assets measured byfair value and with its variation reckoned into other comprehensive income” and adjusted the amount of “Available-for-sale financialassets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards the financial product without principal-guaranteed was re-classified to “Trading financialassets” from “Other current assets” and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in linewith the presentation requirement.
Balance sheet of parent company
Balance Sheet of Parent Company
In RMB
Item 2018-12-31 2019-01-01 Adjustment
Current assets:
Monetary funds 88836626.14 88836626.14
Tradable financial assets 195000000.00 195000000.00
Financial assets
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
assets
Note receivable
Account receivable 38274.00 38274.00
Receivable financing
Accounts paid in
advance
604800.00 604800.00
Other account
receivable
115782944.37 115782944.37
Including: Interest
receivable
723407.50 723407.50
Dividend
receivable
232683.74 232683.74
Inventories
Contractual assets
Assets held for sale 85017251.77 85017251.77
Non-current assets
maturing within one year
Other current assets 195506958.35 506958.35 -195000000.00
Total current assets 485786854.63 485786854.63
Non-current assets:
Debt investment
Available-for-sale
financial assets
10176617.20 -10176617.20
Other debt investment
Held-to-maturity
investments
Long-term receivables
Long-term equity
investments
836283491.38 836283491.38
Investment in other
equity instrument
10176617.20 10176617.20
Other non-current
financial assets
Investment real estate 44820151.69 44820151.69
Fixed assets 14824845.14 14824845.14
Construction in progress 12843571.97 12843571.97
Productive biological
assets
Oil and natural gas
assets
Right-of-use assets
Intangible assets 249731.94 249731.94
Research and
development costs
Goodwill
Long-term deferred
expenses
2958817.65 2958817.65
Deferred income tax
assets
13830369.64 13830369.64
Other non-current assets
Total non-current assets 935987596.61 935987596.61
Total assets 1421774451.24 1421774451.24
Current liabilities:
Short-term borrowings 143000000.00 143000000.00
Tradable financial
liability
Financial liability
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
liability
Notes payable
Account payable 19800.00 19800.00
Accounts received in
advance
4742.51 4742.51
Contractual liability
Wage payable 4858788.51 4858788.51
Taxes payable 331909.65 331909.65
Other accounts payable 392558990.89 392558990.89
Including: Interest
payable
232810.41 232810.41
Dividend
payable
Liability held for sale
Non-current liabilities
due within one year
Other current liabilities
Total current liabilities 540774231.56 540774231.56
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred
stock
Perpetual
capital securities
Lease liability
Long-term account
payable
Long term employee
compensation payable
Accrued liabilities
Deferred income
Deferred income tax
liabilities
Other non-current
liabilities
Total non-current liabilities
Total liabilities 540774231.56 540774231.56
Owners’ equity:
Share capital 297281600.00 297281600.00
Other equity instrument
Including: preferred
stock
Perpetual
capital securities
Capital public reserve 562032851.23 562032851.23
Less: Inventory shares
Other comprehensive
income
Special reserve
Surplus reserve 3139918.14 3139918.14
Retained profit 18545850.31 18545850.31
Total owner’s equity 881000219.68 881000219.68
Total liabilities and owner’s
equity
1421774451.24 1421774451.24
Explanation
The Ministry of Finance revised the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of
Financial Instruments the Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets Accounting
Standards for Business Enterprises No. 24 - Hedge Accounting and Accounting Standards for Business Enterprises No. 37 –
Financial Instruments Presentation on 31 March 2017 and shall be effective for enterprise listed in China separately since 1 Jan. 2019
According to the new financial standards the “Available-for-sale financial assets ” is re-classified to “Financial assets measured byfair value and with its variation reckoned into other comprehensive income” and adjusted the amount of “Available-for-sale financialassets ” at beginning of 2019 in balance sheet in line with the presentation requirement.
According to the new financial standards the financial product without principal-guaranteed was re-classified to “Trading financialassets” from “Other current assets” and adjusted the amount of “Other current assets ” at beginning of 2019 in balance sheet in linewith the presentation requirement.
Balance sheet of parent company
2. Explanation on comparative data in the early stage of retroactive adjustment while implemented the new
financial instrument standards or new leasing standards since 2019
□ Applicable √ Not applicable
III. Audit report
Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.
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