Shenzhen Tellus Holding Co. Ltd.The Third Quarterly Report For 2018
October 2018
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) 1542080471.95 1403314594.42 9.89%
Net assets attributable to
shareholders of listed company
(RMB)
999099511.52 963259056.63 3.72%
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) 92625770.58 19.69% 290580852.31 21.90%
Net profit attributable to
shareholders of the listed company
(RMB)
8920175.03 -44.28% 35840454.89 -11.73%
Net profit attributable to
shareholders of the listed company
after deducting non-recurring gains
and losses (RMB)
6816699.27 -48.12% 28915354.95 -6.25%
Net cash flow arising from
operating activities (RMB)
-- -- -25979677.74 -165.30%
Basic earnings per share
(RMB/Share)
0.0300 -44.24% 0.1206 -11.71%
Diluted earnings per share
(RMB/Share)
0.0300 -44.24% 0.1206 -11.71%
Weighted average ROE 0.90% -0.83% 3.65% -0.78%
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)
1308598.25 Income from equity transfer
Capital occupancy expense collected from non-financial
enterprises and recorded in current gains and losses
56874.98
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
6122149.62 Income from financing products
Restoring of receivable impairment provision that tested
individually
434566.24 Restoring of bad debt provision
Other non-operating income and expenditure except for the
aforementioned items
-62301.80
Less: impact on income tax 571417.14
Impact on minority shareholders’ equity (post-tax) 363370.21
Total 6925099.94 --
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
53835
Total preference shareholders
with voting rights recovered at
end of reporting period (if
applicable)
0
Top ten shareholders
Shareholders
Nature of
shareholder
Proportion of
shares held
Amount of shares
held
Amount of
restricted shares
held
Number of share pledged/frozen
State of share Amount
SHENZHEN
SDG CO. LTD.
State-owned
corporate
49.09% 145925256 0
Shenzhen Capital Domestic 22.87% 67974300 0
Fortune Jewelry
Industry
Investment
Enterprise
(limited
partnership)
non-state-owned
corporate
GUOTAI
JUNAN
SECURITIES(H
ONGKONG)
LIMITED
Foreign
corporation
0.40% 1201304 0
Li Guangxin
Domestic nature
person
0.26% 761161 0
Agricultural Bank
of China Ltd. –
CSI 500 ETF
Other 0.23% 675000 0
Zhou Jun
Domestic nature
person
0.10% 300558 0
He Xing
Domestic nature
person
0.10% 300100 0
Huang Chuyun
Domestic nature
person
0.09% 266500 0
Celestial
Securities
Limited
Foreign
corporation
0.07% 196226 0
Zeng Huiming
Foreign nature
person
0.07% 195000 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. 145925256
RMB ordinary
shares
145925256
Shenzhen Capital Fortune Jewelry
Industry Investment Enterprise
(limited partnership)
67974300
RMB ordinary
shares
67974300
GUOTAI JUNAN
SECURITIES(HONGKONG)
LIMITED
1201304
Domestically
listed foreign
shares
1201304
Li Guangxin 761161
Domestically
listed foreign
761161
shares
Agricultural Bank of China Ltd. –
CSI 500 ETF
675000
RMB ordinary
shares
675000
Zhou Jun 300558
RMB ordinary
shares
300558
He Xing 300100
Domestically
listed foreign
shares
300100
Huang Chuyun 266500
Domestically
listed foreign
shares
266500
Celestial Securities Limited 196226
Domestically
listed foreign
shares
196226
Zeng Huiming 195000
Domestically
listed foreign
shares
195000
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)
N/A
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 134142994.92 161793218.56 -27650223.64 -17.09%
Received bonus from shareholding
corporation and financial products
purchased increased
Account
receivable
82647161.46 44215236.68 38431924.78 86.92%
Account receivable for jewelry
wholesale from Sichuan Jewelry
Company increased
Inventory 6668565.38 12646227.22 -5977661.84 -47.27%
Stock vehicles from Huari Company
at period-end declined
Other current
assets
322657535.53 219582250.70 103075284.83 46.94% Purchased more financial products
Long term
equity
investment
244427019.71 284464749.15 -40037729.44 -14.07%
Accrual investment income changes
on equity method by shareholding
corporation bonus of Zung Fu Tellus
Short-term loans 143000000.00 120000000.00 23000000.00 19.17%
Loans of current capital from the bank
increased in the period
Long-term loans 34934887.55 38600000.00 -3665112.45 -9.50% Bank loans payment
Retained profit 133639050.69 97798595.80 35840454.89 36.65%
Net profit attributable to owners of
parent company increased in the
period
Minority’s
interest
49559553.75 34764517.26 14795036.49 42.56%
Investment contribution from minority
are received by Sichuan Jewelry
Company in the period
Account paid in
advance
10269037.50 3737706.70 6531330.80 174.74%
The account for vehicle purchasement
are prepaid by Huari Company; the
rental prepaid by Tellus Starlight
Jinzun
Other account
receivable
24904867.79 15820265.08 9084602.71 57.42%
Account of maintenance works are
hanging
Fixed assets 548534875.93 120296822.84 428238053.09 355.98%
The first phase of Shuibei Jewelry
Building transfer-in
Construction in
progress
9863136.26 378160896.69 -368297760.43 -97.39%
The first phase of Shuibei Jewelry
Building transfer-out
Account
payables
74987733.36 28032708.69 46955024.67 167.50%
Payable for engineering of first phase
of Shuibei Jewelry Building
Account
received in
advance
9014522.68 13790019.47 -4775496.79 -34.63%
Vehicle-sales account received by
Huari Company are carry-over as
income
Other payables 180335473.86 153329405.21 27006068.65 17.61%
The initial account of equity transfer
from Xinglong Company was hanging
and loan principal & interest are paid
to SDG
Profit statement
Item This cumulative
Same period last
year
Amount changed
Ratio
changed
Causes
Taxes and
additional
4328002.45 4014862.04 313140.41 7.80%
Income from
investment
24781246.51 22381239.37 2400007.14 10.72%
Investment income from shareholding
corporation increased
Net profit
attributable to
shareholders of
listed companies
35840454.89 40604639.94 -4764185.05 -11.73%
After first phase of Shuibei Jewelry
Building completed the operation
costs increased for building put into
used; the loan interest for other current
capital increased on a y-o-y basis
Financial
expenses
4664936.72 548598.69 4116338.03 750.34%
The interest costs increased due to the
soaring loan principal
Assets
impairment loss
383789.39 -189620.97 573410.36 -302.40%
Bad debt provision accrual in the
period
Income tax 3512202.79 1476180.17 2036022.62 137.93% Operation profit increased
Cash flow statement
Item This cumulative
Same period last
year
Amount changed
Ratio
changed
Causes
Net cash flow
arising from
investment
activities
-571829.95 -227894301.37 227322471.42 -99.75%
Received the initial equity transfer
amount from Xinglong Company and
bonus of Zung Fu Tellus in the period;
the cash in-flow increased mainly
because redeemed financial products
at maturity increased on a y-o-y basis
Net cash flow
arising from
financing
activities
18901213.52 97839101.96 -78937888.44 -80.68%
New loans declined from a year earlier
and the cash out-flow increased due to
the payment of loan principal &
interest
Net increase of
cash and cash
equivalent
-7650223.64 -90270292.82 82620069.18 -91.53%
Net cash flow
arising from
operation
activities
-25979677.74 39785059.97 -65764737.71 -165.30%
The jewelry wholesale on credit
payment from Sichuan Jewelry
Company are not in the payback
period
II. Progress and influence of the main events as well as solution analysis specification
□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. Estimation of operation performance for year of 2018
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the
warning of its material change compared with the corresponding period of the last year and explanation of reason
□Applicable √Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.VI. Entrust finance
√Applicable □Not applicable
In 10 thousand Yuan
Type Capital sources Amount entrust Unexpired balance Overdue amount
Bank financial products Idle fund-raising 3950 3950 0
Bank financial products Own funds 30377 30227 0
Total 34327 34177 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
VII. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.VIII. 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.IX. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.X. 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.
2018-09-30
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 134142994.92 161793218.56
Settlement provisions
Capital lent
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Notes receivable and accounts
receivable
82647161.46 44215236.68
Including: Notes receivable
Accounts receivable 82647161.46 44215236.68
Accounts paid in advance 10269037.50 3737706.70
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other receivables 24904867.79 15820265.08
Purchase restituted finance asset
Inventories 6668565.38 12646227.22
Assets held for sale
Non-current asset due within one year
Other current assets 322657535.53 219582250.70
Total current assets 581290162.58 457794904.94
Non-current assets:
Loans and payments on behalf
Finance asset available for sales 10176617.20 10176617.20
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 244427019.71 284464749.15
Investment property 69846269.95 73223512.21
Fixed assets 548534875.93 120296822.84
Construction in progress 9863136.26 378160896.69
Productive biological asset
Oil and gas asset
Intangible assets 51334826.42 52349686.92
Expense on Research and
Development
Goodwill
Long-term expenses to be apportioned 1569080.02 1779713.94
Deferred income tax asset 24364822.26 24394028.91
Other non-current asset 673661.62 673661.62
Total non-current asset 960790309.37 945519689.48
Total assets 1542080471.95 1403314594.42
Current liabilities:
Short-term loans 143000000.00 120000000.00
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable and accounts payable 74987733.36 28032708.69
Accounts received in advance 9014522.68 13790019.47
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 21833172.36 23171154.53
Taxes payable 10875456.51 9927572.27
Other accounts payable 180335473.86 153329405.21
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 440046358.77 348250860.17
Non-current liabilities:
Long-term loans 34934887.55 38600000.00
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable 3920160.36 3920160.36
Long-term wages payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities 14520000.00 14520000.00
Total non-current liabilities 53375047.91 57040160.36
Total liabilities 493421406.68 405291020.53
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
Reasonable reserve
Surplus public reserve 2952586.32 2952586.32
Provision of general risk
Retained profit 133639050.69 97798595.80
Total owner’s equity attributable to parent
company
999099511.52 963259056.63
Minority interests 49559553.75 34764517.26
Total owner’s equity 1048659065.27 998023573.89
Total liabilities and owner’s equity 1542080471.95 1403314594.42
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 Balance at period-end Balance at period-begin
Current assets:
Monetary funds 97759966.16 97991738.05
Financial assets measured by fair value
and with variation reckoned into current
gains/losses
Derivative financial assets
Notes receivable and accounts
receivable
35432.00
Including: Notes receivable
Accounts receivable 35432.00
Account paid in advance 1368798.42
Other receivables 107835300.10 99322267.37
Inventories
Assets held for sale
Non-current assets maturing within one
year
Other current assets 184500000.00 203500000.00
Total current assets 391499496.68 400814005.42
Non-current assets:
Available-for-sale financial assets 10176617.20 10176617.20
Held-to-maturity investments
Long-term receivables
Long-term equity investments 882729262.28 789830758.66
Investment property 44426013.75 46749467.61
Fixed assets 14924034.13 15536781.07
Construction in progress 9863136.26 5554512.79
Productive biological assets
Oil and natural gas assets
Intangible assets 260772.40 341121.77
Research and development costs
Goodwill
Long-term deferred expenses 219772.22 223715.66
Deferred income tax assets 13840105.19 13869311.84
Other non-current assets
Total non-current assets 976439713.43 882282286.60
Total assets 1367939210.11 1283096292.02
Current liabilities:
Short-term borrowings 143000000.00 120000000.00
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable and accounts payable 14000.00 14000.00
Accounts received in advance 1261904.81 1511.00
Wage payable 4544829.61 5769360.88
Taxes payable 875467.19 474977.89
Other accounts payable 327002910.48 295942266.75
Liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 476699112.09 422202116.52
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 476699112.09 422202116.52
Owners’ equity:
Share capita 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
Reasonable reserve
Surplus reserve 2952586.32 2952586.32
Retained profit 28973060.47 -1372862.05
Total owner’s equity 891240098.02 860894175.50
Total liabilities and owner’s equity 1367939210.11 1283096292.02
3. Consolidated Profit Statement (the period)
In RMB
Item Current Period Last Period
I. Total operating income 92625770.58 77386017.88
Including: Operating income 92625770.58 77386017.88
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 88942856.91 74034788.90
Including: Operating cost 71323254.04 57359692.25
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
Operating tax and extras 1405380.53 1203936.28
Sales expenses 4706989.97 4271637.52
Administration expenses 9622419.12 10677384.70
R&D expenses
Financial expenses 1893064.11 522138.15
Including: Interest expenses 2406812.68 1096102.74
Interest income -572214.18 -635885.48
Losses of devaluation of asset -8250.86
Add: other income
Investment income (Loss is listed
with “-”)
6915224.26 12744661.13
Including: Investment income on
affiliated company and joint venture
5047631.61 9902285.56
Changing income of fair
value(Loss is listed with “-”)
Exchange income (Loss is listed
with “-”)
Income from assets disposal
(Loss is listed with “-”)
56271.52
III. Operating profit (Loss is listed
with “-”)
10598137.93 16152161.63
Add: Non-operating income -1088.56 53335.15
Less: Non-operating expense -4080.68 2310.06
IV. Total Profit (Loss is listed with
“-”)
10601130.05 16203186.72
Less: Income tax expense 1624729.02 852493.08
V. Net profit (Net loss is listed with “-”) 8976401.03 15350693.64
(i) net profit from
continuous operation (Net loss is
listed with “-”)
8976401.03 15350693.64
(ii) net profit from
discontinued operation (Net loss
is listed with “-”)
Net profit attributable to owner’s of 8920175.03 16007734.85
parent company
Minority shareholders’ gains and
losses
56226.00 -657041.21
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 as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 8976401.03 15350693.64
Total comprehensive income
attributable to owners of parent
Company
8920175.03 16007734.85
Total comprehensive income
attributable to minority shareholders
56226.00 -657041.21
VIII. Earnings per share:
(i) Basic earnings per share 0.0300 0.0538
(ii) Diluted earnings per share 0.0300 0.0538
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 10104292.39 9834202.78
Less: Operating cost 896708.01 951008.01
Operating tax and extras 355004.57 364342.41
Sales expenses
Administration expenses 4612015.01 5971215.34
R&D expenses
Financial expenses 1351989.53 364457.26
Including: Interest expenses 1751845.41 965820.84
Interest income -403986.67 -604500.78
Losses of devaluation of asset
Add: other income
Investment income (Loss is
listed with “-”)
5373321.58 9535534.43
Including: Investment income
on affiliated company and joint venture
4272105.15 6806109.77
Changing income of fair
value(Loss is listed with “-”)
Income from assets disposal
(Loss is listed with “-”)
II. Operating profit (Loss is listed
with “-”)
8261896.85 11718714.19
Add: Non-operating income 2410.52
Less: Non-operating expense
III. Total Profit (Loss is listed with
“-”)
8264307.37 11718714.19
Less: Income tax expense 9735.55 9735.55
IV. Net profit (Net loss is listed with
“-”)
8254571.82 11708978.64
(i) net profit from
continuous operation (Net loss is
listed with “-”)
8254571.82 11708978.64
(ii) net profit from
discontinued operation (Net loss
is 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 as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
VI. Total comprehensive income 8254571.82 11708978.64
VII. Earnings per share:
(i) Basic earnings per share 0.0278 0.0394
(ii) Diluted earnings per share 0.0278 0.0394
5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Total operating income 290580852.31 238370122.44
Including: Operating income 290580852.31 238370122.44
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 276244343.48 220942995.20
Including: Operating cost 225063206.15 175384506.21
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
Operating tax and extras 4328002.45 4014862.04
Sales expenses 13044897.24 11155242.77
Administration expenses 28759511.53 30029406.46
R&D expenses
Financial expenses 4664936.72 548598.69
Including: Interest expenses 6088906.21 2445502.06
Interest income -1625516.25 -2032480.91
Losses of devaluation of asset 383789.39 -189620.97
Add: other income
Investment income (Loss is listed
with “-”)
24781246.51 22381239.37
Including: Investment income on
affiliated company and joint venture
17842932.43 12831894.41
Changing income of fair
value(Loss is listed with “-”)
Exchange income (Loss is listed
with “-”)
Income from assets disposal
(Loss is listed with “-”)
56271.52
III. Operating profit (Loss is listed
with “-”)
39117755.34 39864638.13
Add: Non-operating income 33305.83 372852.32
Less: Non-operating expense 95607.63 9229.86
IV. Total Profit (Loss is listed with
“-”)
39055453.54 40228260.59
Less: Income tax expense 3512202.79 1476180.17
V. Net profit (Net loss is listed with “-”) 35543250.75 38752080.42
(i) net profit from
continuous operation (Net loss is
listed with “-”)
35543250.75 38752080.42
(ii) net profit from
discontinued operation (Net loss
is listed with “-”)
Net profit attributable to owner’s of
parent company
35840454.89 40604639.94
Minority shareholders’ gains and
losses
-297204.14 -1852559.52
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 as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 35543250.75 38752080.42
Total comprehensive income
attributable to owners of parent
Company
35840454.89 40604639.94
Total comprehensive income
attributable to minority shareholders
-297204.14 -1852559.52
VIII. Earnings per share:
(i) Basic earnings per share 0.1206 0.1366
(ii) Diluted earnings per share 0.1206 0.1366
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
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Operating income 30187788.81 31290031.21
Less: Operating cost 2739034.23 2751528.03
Operating tax and extras 1173658.99 1216846.46
Sales expenses
Administration expenses 12598259.32 14602139.64
R&D expenses
Financial expenses 3567639.16 48857.39
Including: Interest expenses 4783798.05 2053320.86
Interest income -1244885.01 -1936920.70
Losses of devaluation of asset 69500.70 -189620.97
Add: other income
Investment income (Loss is
listed with “-”)
20329891.27 23975503.51
Including: Investment income
on affiliated company and joint venture
16426603.62 12527913.26
Changing income of fair
value(Loss is listed with “-”)
Income from assets disposal
(Loss is listed with “-”)
II. Operating profit (Loss is listed
with “-”)
30369587.68 36835784.17
Add: Non-operating income 5541.49
Less: Non-operating expense
III. Total Profit (Loss is listed with
“-”)
30375129.17 36835784.17
Less: Income tax expense 29206.65 29206.65
IV. Net profit (Net loss is listed with
“-”)
30345922.52 36806577.52
(i) net profit from
continuous operation (Net loss is
listed with “-”)
30345922.52 36806577.52
(ii) net profit from
discontinued operation (Net loss
is 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 as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
VI. Total comprehensive income 30345922.52 36806577.52
VII. Earnings per share:
(i) Basic earnings per share 0.1021 0.1238
(ii) Diluted earnings per share 0.1021 0.1238
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
290734607.93 256675341.11
Net increase of customer deposit
and interbank 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
Net increase of amount from
disposal financial assets that measured
by fair value and with variation
reckoned into current gains/losses
Cash received from interest
commission charge and commission
Net increase of capital borrowed
Net increase of returned business
capital
Write-back of tax received
Other cash received concerning
operating activities
22834886.64 89046069.93
Subtotal of cash inflow arising from
operating activities
313569494.57 345721411.04
Cash paid for purchasing
commodities and receiving labor
service
233005308.54 163189622.63
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
Cash paid for interest commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 38595110.34 42946296.52
Taxes paid 14588515.73 16985396.11
Other cash paid concerning
operating activities
53360237.70 82815035.81
Subtotal of cash outflow arising from
operating activities
339549172.31 305936351.07
Net cash flows arising from operating
activities
-25979677.74 39785059.97
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
739750000.00 391000000.00
Cash received from investment
income
63533914.95 13735482.06
Net cash received from disposal of
fixed intangible and other long-term
assets
431840.00
Net cash received from disposal of
subsidiaries and other units
1504125.26 2343240.90
Other cash received concerning
investing activities
46001000.00
Subtotal of cash inflow from investing
activities
850789040.21 407510562.96
Cash paid for purchasing fixed
intangible and other long-term assets
22607470.16 16804864.33
Cash paid for investment 823020000.00 618600000.00
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
851360870.16 635404864.33
Net cash flows arising from investing
activities
-571829.95 -227894301.37
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
15000000.00 15172000.00
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
15000000.00 15172000.00
Cash received from loans 95082000.00 155600000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
110082000.00 170772000.00
Cash paid for settling debts 78665112.45 70000000.00
Cash paid for dividend and profit 12515674.03 2932898.04
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
activities
91180786.48 72932898.04
Net cash flows arising from financing
activities
18901213.52 97839101.96
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
70.53 -153.38
V. Net increase of cash and cash
equivalents
-7650223.64 -90270292.82
Add: Balance of cash and cash
equivalents at the period -begin
141793218.56 218497640.10
VI. Balance of cash and cash
equivalents at the period -end
134142994.92 128227347.28
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
35793107.31 45046784.94
Write-back of tax received
Other cash received concerning
operating activities
22092395.77 45895974.13
Subtotal of cash inflow arising from
operating activities
57885503.08 90942759.07
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 13865248.22 12125347.08
Taxes paid 1904582.44 2865271.14
Other cash paid concerning
operating activities
36052325.18 16244723.52
Subtotal of cash outflow arising from
operating activities
51822155.84 31235341.74
Net cash flows arising from operating
activities
6063347.24 59707417.33
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
519000000.00 340000000.00
Cash received from investment
income
56781732.28 13447590.25
Net cash received from disposal of
fixed intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
14150000.00
Other cash received concerning
investing activities
46001000.00
Subtotal of cash inflow from investing
activities
621782732.28 367597590.25
Cash paid for purchasing fixed
intangible and other long-term assets
5350891.42 427525.20
Cash paid for investment 608971900.00 581598000.00
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
5733400.00
Subtotal of cash outflow from investing
activities
620056191.42 582025525.20
Net cash flows arising from investing
activities
1726540.86 -214427934.95
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans 93000000.00 140000000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
activities
93000000.00 140000000.00
Cash paid for settling debts 70000000.00 70000000.00
Cash paid for dividend and profit
distributing or interest paying
11021659.99 2061416.69
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
activities
81021659.99 72061416.69
Net cash flows arising from financing
activities
11978340.01 67938583.31
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
equivalents
19768228.11 -86781934.31
Add: Balance of cash and cash
equivalents at the period -begin
77991738.05 150800890.39
VI. Balance of cash and cash
equivalents at the period -end
97759966.16 64018956.08
II. 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.
沪公网安备31011802005267号
