The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.Stock code: 000058 200058 Notice No.:2022-065
Stock abbreviation: SHEN SEG SHEN SEG B
Shenzhen SEG Co. Ltd.The Third Quarterly Report for 2022
The Company and whole members of the BOD guarantee that the information disclosed is true accurate and
complete and there are no any fictitious records misleading statements or important omissions.Important content reminder:
1. Board of Directors Supervisory Committee all directors supervisors and senior executives of Shenzhen SEG
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.
2. Principal of the Company Person in Charge of Accounting Works and Person in Charge of Accounting Organ
(Accounting Officer) hereby confirm that the Financial Report of the Third Quarterly Report is authentic accurate
and complete.
3. Whether the Third Quarterly Report has been audited or not
□Yes √No
1The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
I. Main financial data
(i) Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Increase/decrease from
Increase/decrease in
year-begin to period-
the period compared Year-begin to period-
Current period end compared with the
with the same period of end
same period of the
the previous year
previous year
Operating income
470972297.931.56%1312587406.20-7.40%
(Yuan)
Net profit attributable
to shareholders of the 43046386.07 671.26% 19222397.31 -64.05%
listed company (Yuan)
Net profit attributable
to shareholders of the
listed company after
9385657.46447.59%-18148087.87-149.40%
deducting non-
recurring gains and
losses (Yuan)
Net cash flow arising
from operating — — 32850052.08 24.16%
activities (Yuan)
Basic earnings per
0.0349675.84%0.0156-63.97%
share (Yuan /Share)
Diluted earnings per
0.0349675.84%0.0156-63.97%
share (Yuan /Share)
Weighted average ROE 2.18% 1.89% 0.98% -1.80%
Increase/decrease at the period-end compared
End of current period End of previous year
with the end of the previous year
Total assets (Yuan) 5286984169.67 5632373265.14 -6.13%
Net assets attributable
to shareholder of listed 1938111951.83 1984760159.28 -2.35%
company (Yuan)
(ii) Items and amounts of non-recurring profit (gains)/losses
√ Applicable □ Not applicable
Unit: Yuan
Amount from year-begin to
Item Amount for the period Note
period-end
Gains/losses from the 40982397.47 40919736.22 Mainly due to the sale of
2The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
disposal of non-current asset stock of Huakong SEG during
(including the write-off that the reporting period
accrued for impairment of
assets)
Government subsidy recorded
in current gains/losses (except
those closely related to the
Company’s normal operation
and those continuously 1186113.50 3621649.32
enjoyed on a fixed or
quantitative basis with certain
standards in accordance with
national policy regulations)
Capital occupation fee
charged to non-financial
214101.84
enterprise that reckoned into
current gains/losses
Profit and loss from
commissioned investment or 3543008.48 6193914.88
asset management
Trust fee obtained from trust
31913.7097291.00
operation
Other non-operating income
and expenses other than the 789208.64 1122295.01
above
Other gains/losses items that
meet the definition of non- 30449.80 442749.88
recurring gains/losses
Less: impact on income tax 11600626.98 13059503.01
Impact on minority
shareholders’ equity (post- 1301736.00 2181749.96
tax)
Total 33660728.61 37370485.18 --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable √ Not applicable
The Company does not have other gain/loss items that qualified the definition of non-recurring profit
(gains)/lossesExplanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosurefor Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
3The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
□ Applicable √ Not applicableThe Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on InformationDisclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as
recurring gain/loss
(iii) Particulars about changes in items of main accounting data and financial index and explanations of
reasons
√ Applicable □Not applicable
(1) Items of the Consolidated Balance Sheet Statement
Unit: Yuan
Increase or
decrease at the
end of the period
Item Closing balance Opening balance Difference Reasons for differences
compared with
the beginning of
the period (%)
Mainly due to the returning of
Monetary
754803066.26 1102543548.87 -347740482.61 -31.54% borrowings to controlling shareholders
fund
and principal & interest of bank loans
Mainly due to the settlement of
Account
298887826.69 209248610.21 89639216.48 42.84% Company’s property management
receivable
business
Other
Mainly because the business contacts
account 101863738.23 50022297.47 51841440.76 103.64%
increased
receivable
Short-term Mainly because the bank borrowings
110000000.0063003480.8246996519.1874.59%
borrowing growth
Other
Mainly due to the growth of taxes ready
current 5169241.10 1199408.55 3969832.55 330.98%
to be transferred
liabilities
(2) Items of Consolidated Profit Statement
Unit: Yuan
Increase/decrease
Amount of the in the current
Amount for
same period of period compared
Item the current Difference
the previous with the same Reasons for differences
period
year period of last
year (%)
Mainly due to the increase
R&D expenses 6465826.38 3395145.58 3070680.80 90.44%
investment in R&D in the Period
4The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Financial Mainly due to the decrease in
38692104.5561326101.97-22633997.42-36.91%
expenses financing size in the Period
Mainly due to the gains from sales
Investment
40729613.09 5484906.30 35244706.79 642.58% of the stock of Huakong SEG in the
income
Period
Credit Mainly due to the recovery of
impairment 547396.51 5786949.61 -5239553.10 -90.54% litigation in the same period last
loss year
Income tax Mainly due to the policy-based rent
33975004.0072175008.10-38200004.10-52.93%
expense reduction in the Period
(3)Items of the Consolidated Cash Flow Statement
Unit: Yuan
Increase/decrea
Amount of the se in the current
Amount for the same period of period
Item Difference
current period the previous compared with Reasons for differences
year the same period
of last year (%)
Net cash flow Mainly because the net wealth
arising from management purchased in the
-12701824.8589705143.41-102406968.26-114.16%
investment Period increased on a y-o-y
activities basis
Net cash flow Mainly due to the return of
arising from borrowings and interests to
-360555805.03-123274962.04-237280842.99-192.48%
financing controlling shareholder in the
activities Period
Net increase
The net cash flow arising from
in cash and
-340407577.80 -7111651.47 -333295926.33 -4686.62% investment and financing
cash
activities declined in the Period
equivalents
II. Shareholders Information
(i) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders
Unit: Share
Total common shareholders at the Total preference shareholders with voting rights
670620
end of report period recovered at end of reporting period (if applicable)
Top 10 shareholders
Amount of
Shareholder’s Nature of Proportion of Amount of Information of shares pledged
restricted tagged or frozen
name shareholder shares held shares held
shares held
State of share Amount
5The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Shenzhen SEG State-owned
56.54%6961631820
Group Co. Ltd. legal person
0
Domestic
Liu Guocheng 0.59% 7296402
natural person
0
LISHERYNZH Overseas
0.46%5691062
ANMING natural person
0
Domestic
Liu Guohong 0.30% 3656161
natural person
0
Overseas
Gong Qianhua 0.24% 2940000
natural person
0
Domestic
Xu Yueying 0.16% 1996800
natural person
0
Domestic
Wang Jinjun 0.14% 1670000
natural person
0
Domestic
Luo Haijin 0.12% 1512875
natural person
0
Domestic
Su Yi 0.12% 1468513
natural person
0
Domestic
Qian Jidong 0.11% 1412700
natural person
Top ten shareholders with unrestricted shares held
Shareholder’s name Amount of unrestricted shares held Type of shares
Type Amount
RMB ordinary
Shenzhen SEG Group Co. Ltd. 696163182 696163182
shares
Domestic listed
Liu Guocheng 7296402 7296402
foreign shares
Domestic listed
LISHERYNZHANMING 5691062 5691062
foreign shares
Domestic listed
Liu Guohong 3656161 3656161
foreign shares
Domestic listed
Gong Qianhua 2940000 2940000
foreign shares
Xu Yueying 1996800 Domestic listed 1996800
6The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
foreign shares
Domestic listed
Wang Jinjun 1670000 1670000
foreign shares
Domestic listed
Luo Haijin 1512875 1512875
foreign shares
Domestic listed
Su Yi 1468513 1468513
foreign shares
RMB ordinary
Qian Jidong 1412700 1412700
shares
Shenzhen SEG Group Co. Ltd has no association with other
Explanations on the association relationship or
shareholders nor it is a concerted action unit as set forth in the
concerted action among the above-mentioned Administration of the Takeover of Listed Companies Procedures. It is
shareholders unknown whether other shareholders have an association or are
concerted action units or not.Information on top 10 ordinary shareholders
participating in securities margin trading (if N/A
applicable)
(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
III. Other significant events
√ Applicable □ Not applicable
Inquiry index for the websites disclosing the temporary
Overview of major events Disclosure date
reports
The Progress of the Controlling Sub-subsidiary Involved in
1. Controlling subsidiaries involved in
2022-7-5 Litigation and Arbitration released on Juchao Website
litigation and arbitration
http://www.cninfo.com.cn/
The Resolution of the 36th Interim Meeting of 8th BOD and
Notice on Reduction of the Shares of Shenzhen Huakong
2022-6-29
SEG Co. Ltd. held by the Company released on Juchao
Website (http://www.cninfo.com.cn/)
2. Shares reduction of Huakong SEG
Resolution of Third Interim Meeting of 2022 of Shenzhen
2022-7-19 SEG Co. Ltd. released on Juchao Website
(http://www.cninfo.com.cn/)
3. Changes of Directors Supervisors and 2022-7-9 Notice of Deputy GM Financial Manager Resignation
7The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Senior Executives of the Company released on Juchao Website (http://www.cninfo.com.cn/)
The Resolution of the 37th Interim Meeting of 8th BOD
2022-7-26
released on Juchao Website (http://www.cninfo.com.cn/)
The Resolution of the 38thInterim Meeting of 8th BOD and
Resignation of Secretary of the Board and Designated the
2022-9-23 Deputy GM and Financial Officer to Act as the Secretary of
the Board released on Juchao Website
(http://www.cninfo.com.cn/)
Prompt Notice on the Release of Restricted Shares from
4. Release of the restricted shares from non-
2022-7-14 Non-public Offering of Shares released on Juchao Website
public offering of shares
(http://www.cninfo.com.cn/)
IV. Quarterly financial statements
(i) Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen SEG Co. Ltd.Unit: Yuan
Item September 30 2022 January 1 2022
Current assets:
Monetary fund 754803066.26 1102543548.87
Settlement provisions
Capital lent
Trading financial assets 306762428.71 325057600.51
Derivative financial assets
Note receivable 6471550.00 5441038.00
Account receivable 298887826.69 209248610.21
Receivable financing
Accounts paid in advance 9022799.99 9318448.66
Insurance receivable
8The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 101863738.23 50022297.47
Including: Interest receivable
Dividend receivable
Buying back the sale of financial
assets
Inventories 1732700251.97 1697997134.90
Contractual assets 16433589.67 22328808.46
Assets held for sale
Non-current asset due within one
year
Other current assets 149996807.88 181153434.58
Total current assets 3376942059.40 3603110921.66
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable 41205380.03 38454117.14
Long-term equity investment 170192473.15 181471343.42
Investment in other equity
34195900.6334066039.01
instrument
Other non-current financial assets
Investment real estate 967190254.47 1009378181.86
Fixed assets 264038270.10 265396889.67
Construction in progress 4029389.42 3042922.98
Productive biological asset
Oil and gas asset
9The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Right-of-use assets 249222387.89 308471942.19
Intangible assets 23436463.95 25065576.29
Expense on Research and
Development
Goodwill 71041012.43 71041012.43
Long-term expenses to be
27866369.1335531141.15
apportioned
Deferred income tax asset 49509868.71 50372808.51
Other non-current asset 8114340.36 6970368.83
Total non-current asset 1910042110.27 2029262343.48
Total assets 5286984169.67 5632373265.14
Current liabilities:
Short-term loans 110000000.00 63003480.82
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable
Account payable 422472131.73 380319611.50
Accounts received in advance 143462074.15 158668868.45
Contractual liability 42235340.80 50003262.90
Selling financial asset of repurchase
Absorbing deposit and interbank
deposit
Security trading of agency
Security sales of agency
Wage payable 108553755.11 115799226.03
Taxes payable 145908476.12 158561857.46
10The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Other account payable 917053711.37 1142794979.80
Including: Interest payable 468647.19
Dividend payable 20343095.44 20359956.10
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within
131256174.97138220344.18
one year
Other current liabilities 5169241.10 1199408.55
Total current liabilities 2026110905.35 2208571039.69
Non-current liabilities:
Insurance contract reserve
Long-term loans 519654338.38 546248418.00
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability 181243721.97 232520332.31
Long-term account payable 5423417.05 5905964.21
Long-term wages payable
Accrual liability 54377757.11 54377757.11
Deferred income 747352.18 966382.90
Deferred income tax liabilities 10111236.57 10579877.96
Other non-current liabilities
Total non-current liabilities 771557823.26 850598732.49
Total liabilities 2797668728.61 3059169772.18
Owner’s equity:
11The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Share capital 1231200672.00 1235656249.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 167678846.72 216689753.71
Less: Inventory shares
Other comprehensive income 146311.74 81465.34
Reasonable reserve
Surplus public reserve 175537597.25 175537597.25
Provision of general risk
Retained profit 363548524.12 356795093.98
Total owner’ s equity attributable to
1938111951.831984760159.28
parent company
Minority interests 551203489.23 588443333.68
Total owner’ s equity 2489315441.06 2573203492.96
Total liabilities and owner’ s equity 5286984169.67 5632373265.14
Legal Representative: Zhang Liang
Person in charge of accounting works: Xiao Jun
Person in charge of accounting institute: Xiao Jun
2. Consolidated Profit Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Total operating income 1312587406.20 1417504652.62
Including: Operating income 1312587406.20 1417504652.62
Interest income
Insurance gained
12The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Commission charge and
commission income
II. Total operating cost 1295389399.14 1276069513.66
Including: Operating cost 1139252432.11 1093023680.53
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 20218230.48 23726830.00
Sales expense 16880998.46 13971546.04
Administrative expense 73879807.16 80626209.54
R&D expense 6465826.38 3395145.58
Financial expense 38692104.55 61326101.97
Including: Interest
45339482.7666284813.61
expenses
Interest income 7387541.62 5933622.59
Add: other income 6552772.37 4252082.41
Investment income (Loss is
40729613.095484906.30
listed with “-”)
Including: Investment income
-6445928.58-7328049.14
on affiliated company and joint venture
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 “-”)
13The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Loss of credit impairment
547396.515786949.61
(Loss is listed with “-”)
Losses of devaluation of asset
-1022381.53
(Loss is listed with “-”)
Income from assets disposal
22382.28
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
65050171.31155936695.75
“-”)
Add: Non-operating income 2083192.46 2225748.89
Less: Non-operating expense 1045170.30 1176199.84
IV. Total profit (Loss is listed with “-”) 66088193.47 156986244.80
Less: Income tax expense 33975004.00 72175008.10
V. Net profit (Net loss is listed with “-”) 32113189.47 84811236.70
(i) Classify by business continuity
1.continuous operating net profit
32113189.4784811236.70(net loss listed with ‘-”)
2.termination of net profit (net losslisted with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
of parent company (net loss listed with ‘- 19222397.31 53466082.02
”)
2.Minority shareholders’ gains and
12890792.1631345154.68losses (net loss listed with ‘-”)
VI. Net after-tax of other comprehensive
97396.2219050.88
income
Net after-tax of other comprehensive
income attributable to owners of parent 64846.40 12662.60
company
(i) Other comprehensive income
items which will not be reclassified 64846.40 12726.86
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
64846.4012726.86
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 -64.26
subsequently to profit or loss
14The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
1.Other comprehensive
income under equity method that can -64.26
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial assets
re-classify to other comprehensive
income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging reserve
6.Translation differences
arising on translation of foreign currency
financial statements
7.Other
Net after-tax of other comprehensive
income attributable to minority 32549.82 6388.28
shareholders
VII. Total comprehensive income 32210585.69 84830287.58
Total comprehensive income
attributable to owners of parent 19287243.71 53478744.62
Company
Total comprehensive income
12923341.9831351542.96
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0156 0.0433
(ii) Diluted earnings per share 0.0156 0.0433
Enterprise combine under the same control in the Period the combined party realized net profit of 0.00 Yuan
before combination and realized 0.00 Yuan at last period for combined party
Legal Representative: Zhang Liang
Person in charge of accounting works: Xiao Jun
Person in charge of accounting institute: Xiao Jun
3. Consolidated Cash Flow Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 1321332074.61 1320431639.91
services
Net increase of customer deposit
and interbank deposit
15The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
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 5882155.72 9221832.58
Other cash received concerning
197848806.94252313074.28
operating activities
Subtotal of cash inflow arising from
1525063037.271581966546.77
operating activities
Cash paid for purchasing
532676006.07404395514.37
commodities and receiving labor service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
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 561038478.09 512869166.75
Taxes paid 140564385.71 170820448.32
Other cash paid concerning
257934115.32467423250.17
operating activities
Subtotal of cash outflow arising from
1492212985.191555508379.61
operating activities
Net cash flows arising from operating
32850052.0826458167.16
activities
II. Cash flows arising from investing
activities:
16The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Cash received from recovering
374982905.60598937800.00
investment
Cash received from investment
43934675.0122424508.94
income
Net cash received from disposal of
fixed intangible and other long-term 1402.29 450.00
assets
Net cash received from disposal of
1095632.066406262.20
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
420014614.96627769021.14
activities
Cash paid for purchasing fixed
45926439.8136195112.01
intangible and other long-term assets
Cash paid for investment 386790000.00 499902368.30
Net increase of mortgaged loans
Net cash received from subsidiaries
1966397.42
and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
432716439.81538063877.73
activities
Net cash flows arising from investing
-12701824.8589705143.41
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 124146990.38 113078930.00
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
124146990.38113078930.00
activities
Cash paid for settling debts 107283593.56 151355541.67
Cash paid for dividend and profit
92849084.9784998350.37
distributing or interest paying
Including: Dividend and profit of
19965244.7515233747.29
minority shareholder paid by subsidiaries
Other cash paid concerning
284570116.88
financing activities
Subtotal of cash outflow from financing
484702795.41236353892.04
activities
17The Third Quarterly 2022 Report for 2022 of Shenzhen SEG Co. Ltd.
Net cash flows arising from financing
-360555805.03-123274962.04
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
-340407577.80-7111651.47
equivalents
Add: Balance of cash and cash
1091838138.56817618857.13
equivalents at the period-begin
VI. Balance of cash and cash equivalents
751430560.76810507205.66
at the period-end
(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.Board of Directors of
Shenzhen SEG Co. Ltd.October 28 2022
18
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