深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Shenzhen China Bicycle Company (Holdings) Limited
First Quarterly Report 2014
April 2014
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Section I. Important Notes
Board of Directors and the Supervisory Committee of Shenzhen China Bicycle Company (Holdings) Limited
(hereinafter referred to as the Company) and its directors, supervisors and senior executives should guarantee the
reality, accuracy and completion of the quarterly report, there are no any fictitious statements, misleading
statements or important omissions carried in this report, and shall take legal responsibilities, individual and/or
joint.
Except the following director, other directors are attended the Board Meeting for Quarterly Report deliberation in
person.
Name of director not attended Title of director not attended in
Reasons for absent Trustee
in person person
Kong Na Director Due to work Yang Fenbo
Luo Guiyou, person in charge of the Company, Li Hai, person in charger of accounting works and Sun Longlong,
person in charger of accounting organ (accounting officer) hereby confirm that the Financial Report of this
Quarterly Report is authentic, accurate and complete.
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Section II. Main financial data and changes of shareholders
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□ Yes √No
Changes of this period over
Current Period Same period of last year
same period of last year (%)
Operating income (RMB) 26,457,065.59 39,478,142.34 -32.98%
Net profit attributable to shareholders of
354,354.82 -26,646,803.51 -101.33%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting -1,328,406.57 -26,641,212.51 -95.01%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
2,504,356.37 -18,019,890.64 -113.9%
activities(RMB)
Basic earnings per share (RMB/Share) 0.0006 -0.0483 -101.24%
Diluted earnings per share (RMB/Share) 0.0006 -0.0483 -101.24%
Weighted average ROE (%) 4.93% 0% 0%
Changes of this period-end
At the end of the reporting
At the end of last year over same period-end of last
period
year (%)
Total assets (RMB) 168,080,241.33 151,511,429.85 10.94%
Net assets attributable to shareholder of
7,357,690.22 7,003,335.40 5.06%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Item Note
period-end
Other non-operating income and expenditure except for the
1,916,694.64
aforementioned items
Less: Impact on income tax 154,415.75
Impact on minority shareholders’ equity (post-tax) 79,517.50
Total 1,682,761.39 --
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
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
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
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
II. Total number of shareholders at the end of this report period and top ten shareholders
In share
Total shareholders
33,177
at the end of report period
Top ten shareholders
Number of share
Proportion Amount of
Nature of Amount of pledged/frozen
Shareholder’s name of shares restricted shares
shareholder shares held State of
held (%) held Amount
share
Domestic
Shenzhen Guocheng Energy Investment
non-state-owned 11.52% 63,508,747 0 0
Development Co., Ltd.
legal person
Hong Kong Zhuorun Technology Co.,
Foreign legal person 6.64% 36,596,212 0 0
Ltd.
Domestic nature
Zeng Ying 1.15% 6,342,717 0 0
person
Domestic
Shenzhen Kangsheng Investment
non-state-owned 0.99% 5,494,700 0
Development Co., Ltd.
legal person
Domestic
Specific account of property disposition
non-state-owned 0.97% 5,326,807 0 0
for bankruptcy enterprise of CBC
legal person
CORE PACIFIC-YAMAICHI
Foreign legal person 0.96% 5,313,701 0 0
INTERNATIONAL (H.K.) LIMITED
Jingchao Investment Co., Ltd. Foreign legal person 0.84% 4,601,789 0 0
Domestic
Specific account of property disposition
non-state-owned 0.77% 4,230,337 0 0
for bankruptcy enterprise of CBC
legal person
Domestic nature
Li Huili 0.71% 3,891,124 0 0
person
Domestic nature
Xu Hongbo 0.51% 2,809,219 0 0
person
Top ten shareholders with unrestricted shares held
Type of shares
Shareholder’s name Amount of unrestricted shares held
Type Amount
Shenzhen Guocheng Energy RMB ordinary
63,508,747 63,508,747
Investment Development Co., Ltd. shares
Hong Kong Zhuorun Technology Co., RMB ordinary
36,596,212 36,596,212
Ltd. shares
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Domestically listed
Zeng Ying 6,342,717 6,342,717
foreign shares
Shenzhen Kangsheng Investment RMB ordinary
5,494,700 5,494,700
Development Co., Ltd. shares
Specific account of property
RMB ordinary
disposition for bankruptcy enterprise of 5,326,807 5,326,807
shares
CBC
CORE PACIFIC-YAMAICHI Domestically listed
5,313,701 5,313,701
INTERNATIONAL (H.K.) LIMITED foreign shares
RMB ordinary
Jingchao Investment Co., Ltd. 4,601,789 4,601,789
shares
Specific account of property
Domestically listed
disposition for bankruptcy enterprise of 4,230,337 4,230,337
foreign shares
CBC
Domestically listed
Li Huili 3,891,124 3,891,124
foreign shares
Domestically listed
Xu Hongbo 2,809,219 2,809,219
foreign shares
Li Huili, the spouse of actual controller Ji Hanfei, holding B-share of the Company on
behalf of Shenzhen Guocheng Energy Investment Development Co., Ltd., beyond that, the
Explanation on associated relationship
Company has no idea of whether other circulated shareholders belong to concerted action
among the aforesaid shareholders
persons ruled in the Administration Norms for Information Disclosure of Change on
Shareholding of Shareholders of Listed Companies.
Explanation on top ten shareholders
involving margin business (if N/A
applicable)
Whether has a buy-back agreement dealing in reporting period
□ Yes √ No
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
1. Note receivable increase 100% from beginning of the Period, mainly because receivable notes for business settlement from
subsidairy EMMLLE increased;
2. Account receivable decrease 45.30% from beginning of the Period, mainly because receivable for business settlement from
subsidairy EMMLLE;
3. Account paid in advance increase 2748.84% from beginning of the Period, mainly because account paid in advance from
subsidiary EMMELE increased for busy season;
4. Inventory increase 404.65% from beginning of the Period, mainly because inventory from subsidiary EMMELE increased for busy
season;
5. Account payable increase 158.23% from beginning of the Period, mainly because account payable from subsidiary EMMELE
increased;
6. Account received in advacne increase 186.10% from beginning of the Period, mainly because account received in advacne from
subsidiary EMMELE increased;
7. Operation revenue decrease 32.98% from same period of last year, mainly becasue leasing-type revenue decreased in the Period
due to the assets disposal of the Company;
8. Sales expenses decrease 52.58% from same period of last year, mainly because sales revenue from subsidiary EMMELE decreased,
than sales expenses declined;
9. Administration expenses decrease 93.45% from same period of last year, mainly because at same period of last yera, the
bankcrptcy reorganzation economic compensation for employee was paid.
10. Non-operation revenue increase 155089.85% from same period of last year, mainly because operation capital, come into the
non-operqtion revenue, for year of 2014 was reservd due to reorganization
II. Analysis and explanation of significant events and their influence and solutions
On 11 May 2012, the largest shareholder and biggest creditor of the Company, Shenzhen Guocheng Energy Investment and
Development Co., Ltd. applied to Shenzhen Municipal Intermediate People's Court for reforming the Company as the Company
couldn’t pay off the matured debts and was seriously insolvent. On 12th, Oct., 2012, Shenzhen Municipal Intermediate People's Court
ruled to accept the application proposed by Guocheng Energy according to (2012) Shenzhen Intermediate Court Po Zi No. 30 civil
ruling. On 24 October 2012, Shenzhen Municipal Intermediate People's Court ruled to reform the Company since 25th, Oct., 2012
according to (2012) Shenzhen Intermediate Court Po Zi No. 30-1 civil ruling, appointed King & Wood (Shenzhen) Mallesons and
Shenzhen Zhengyuan Liquidation Affairs Co., Ltd. as the custodians of the Company. Subsequently, Shenzhen Municipal
Intermediate People's Court made (2012) Shenzhen Intermediate Court Po Zi No. 30-1 written decision, and approved the Company
to manage property and business affairs by itself under the supervision of custodians according to the law. In July 2013, the Company
filed the draft restructuring plan to Shenzhen Intermediate People’s Court and the creditors meeting, and put forward the associated
adjustment program of investors’ interests to the investors meeting. After the creditors meeting and investors meeting voted through the
draft restructuring plan and the associated adjustment program of investors’ interests, Shenzhen Intermediate People’s Court ruled on 5
November 2013 to approve the Company’s restructuring plan, and the Company entered the implementation stage of the restructuring
plan. Based on the disposal of assets, transfer of shares and liquidation of debts, Shenzhen Intermediate People’s Court ruled according
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
to law on 27 December 2013 that the implementation of the restructuring plan had been completed and its bankruptcy procedure had
been concluded. The administator was retained to take care of the unfinished matters in restructuring.
III. Commitments from the Company or shareholders (with over 5% shares held) in or
occurred in the previous period but continued to reporting period
Commitment Commitment
Commitments Accepter Contents Implementation
time period
Share Merger Reform N/A
Commitments in report of acquisition or
equity change
Commitments in assets reorganization
Commitments make in initial public offering
or re-financing
Other commitments to minority shareholders
of the Company
Completed on time or not Y
IV. Predict of the business performance from January to June 2014
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
Amount
of Proportio Amount Proportio
Initial stock-hol n of of n of Book
Gains and
Short investmen ding at stock-hol stock-hol stock-hol value at
Variety of Code of loss in the Accounti Source of
form of t the ding at the ding at ding at the the end of
securities securities reporting ng subject stock
securities cost(RM beginning beginning the end of end of the the period
(RMB)
B) of the of the the period period (RMB)
period period (% (Share) (%)
(Share)
Total 0.00 0 -- 0 -- 0.00 0.00 -- --
Date of notice disclosed
approved by the Board
Date of notice disclosed
approved by general meeting (if
applicable)
Explanation on holding equity of other listed company
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
□Applicable √Not applicable
VI. Derivative Investment
In 10 thousand Yuan
Ratio of
investmen
Amount
t amount
of reserve
at
Investme for Investme
Whether period-en Actual
Related Initial nt amount devaluati nt amount
related d in net gains/loss
Operator relationsh Type investmen at on of at
trade or Start date End date assets of es in
ip t period-be withdrawi period-en
not the period
gin ng (if d
Company
applicable
at
)
period-en
d (%)
Total 0 -- -- 0 0 0 0% 0
Capital resource N/A
Disclosure date for approval from the
Board for investment of derivatives (if
applicable)
Disclosure date for approval from general
meeting for investment of derivatives (if
applicable)
VII. Registration form for receiving research, communication and interview in the report period
Contents discussed and
Date Place Method Type of investors Investor
materials supplied
Office of the Telephone Tradable Progress of the
1Q for year of 2014 Individual
Company communication shareholders reorganization
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 29,355,523.69 26,834,171.59
Settlement provisions
Capital lent
Transaction finance asset
Notes receivable 8,524,993.61
Accounts receivable 3,861,640.50 7,060,251.28
Accounts paid in advance 5,058,808.69 177,636.49
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 93,073,196.78 107,395,429.69
Purchase restituted finance asset
Inventories 22,937,148.14 4,545,116.43
Non-current asset due within one
year
Other current assets
Total current assets 162,811,311.41 146,012,605.48
Non-current assets:
Granted loans and advances
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Long-term equity investment
Investment property
Fixed assets 186,179.92 227,824.37
Construction in progress
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 5,082,750.00 5,271,000.00
Expense on Research and
Development
Goodwill
Long-term expenses to be
apportioned
Deferred income tax asset
Other non-current asset
Total non-current asset 5,268,929.92 5,498,824.37
Total assets 168,080,241.33 151,511,429.85
Current liabilities:
Short-term loans
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Notes payable
Accounts payable 25,657,057.91 9,935,720.73
Accounts received in advance 10,377,793.04 3,627,323.31
Selling financial asset of
repurchase
Commission charge and
commission payable
Wage payable 1,275,413.56 1,516,624.17
Taxes payable 93,672,526.31 93,778,253.57
Interest payable
Dividend payable
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Other accounts payable 28,964,805.01 34,954,734.89
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 159,947,595.83 143,812,656.67
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 159,947,595.83 143,812,656.67
Owner’s equity (or shareholders’
equity):
Paid-in capital (or share capital) 551,347,947.00 551,347,947.00
Capital public reserve 627,819,910.12 627,819,910.12
Less: Inventory shares
Reasonable reserve
Surplus public reserve 32,673,227.01 32,673,227.01
Provision of general risk
Retained profit -1,204,483,393.91 -1,204,837,748.73
Balance difference of foreign
currency translation
Total owner’s equity attributable to
7,357,690.22 7,003,335.40
parent company
Minority interests 774,955.28 695,437.78
Total owner’s equity (or shareholders’
8,132,645.50 7,698,773.18
equity)
Total liabilities and owner’s equity(or
168,080,241.33 151,511,429.85
shareholders’ equity)
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
Person in charger of accounting organ: Sun Longlong
2. Balance sheet of parent company
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 584,351.38 1,080,836.82
Transaction finance asset
Notes receivable
Accounts receivable 245,382.00 245,382.00
Accounts paid in advance
Interest receivable
Dividend receivable
Other receivables 111,787,642.07 116,990,372.76
Inventories
Non-current asset due within one
year
Other current assets
Total current assets 112,617,375.45 118,316,591.58
Non-current assets:
Finance asset available for sales
Held-to-maturity securities
Long-term account receivable
Long-term equity investment 10,379.73 10,379.73
Investment property
Fixed assets 104,532.15 109,020.00
Construction in progress
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 5,082,750.00 5,271,000.00
Expense on Research and
Development
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Goodwill
Long-term expenses to be
apportioned
Deferred income tax asset
Other non-current asset
Total non-current asset 5,197,661.88 5,390,399.73
Total assets 117,815,037.33 123,706,991.31
Current liabilities:
Short-term loans
Transaction financial liabilities
Notes payable
Accounts payable
Accounts received in advance
Wage payable 71,880.93 6,847.09
Taxes payable 92,033,390.62 92,205,392.56
Interest payable
Dividend payable
Other accounts payable 20,149,924.80 26,103,724.68
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 112,255,196.35 118,315,964.33
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable
Special accounts payable
Accrued liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 112,255,196.35 118,315,964.33
Owner’s equity (or shareholders’
equity):
Paid-in capital (or share capital) 551,347,947.00 551,347,947.00
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Capital public reserve 627,819,910.12 627,819,910.12
Less: Inventory shares
Reasonable reserve
Surplus public reserve 32,673,227.01 32,673,227.01
Provision of general risk
Retained profit -1,206,281,243.15 -1,206,450,057.15
Balance difference of foreign
currency translation
Total owner’s equity(or shareholders’
5,559,840.98 5,391,026.98
equity)
Total liabilities and owner’s equity(or
117,815,037.33 123,706,991.31
shareholders’ equity)
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
Person in charger of accounting organ: Sun Longlong
3. Consolidated Profit Statement
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Current Period Last Period
I. Total operating income 26,457,065.59 39,478,142.34
Including: Operating income 26,457,065.59 39,478,142.34
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 27,785,472.16 66,069,850.99
Including: Operating cost 25,333,137.63 33,710,828.17
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
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Operating tax and extras 15,897.15 59,938.33
Sales expenses 446,468.71 941,513.94
Administration expenses 2,060,338.84 31,468,393.66
Financial expenses -70,370.17 -110,823.11
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
with “-”)
Including: Investment income on
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed
-1,328,406.57 -26,591,708.65
with “-”)
Add: Non-operating income 1,932,113.64 1,245.00
Less: Non-operating expense 15,419.00 6,836.00
Including: Disposal loss of
non-current asset
IV. Total Profit (Loss is listed with
588,288.07 -26,597,299.65
“-”)
Less: Income tax 154,415.75
V. Net profit (Net loss is listed with “-”) 433,872.32 -26,597,299.65
Including: Net profit achieved by the
merged party before the merger
Net profit attributable to owner’s
354,354.82 -26,646,803.51
equity of parent company
Minority shareholders’ gains and
79,517.50 49,503.86
losses
VI. Earnings per share -- --
i. Basic earnings per share 0.0006 -0.0483
ii. Diluted earnings per share 0.0006 -0.0483
VII. Other consolidated income
VIII. Total consolidated income 433,872.32 -26,597,299.65
Total consolidated income attributable
354,354.82 -26,646,803.51
to owners of parent company
Total consolidated income
79,517.50 49,503.86
attributable to minority shareholders
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
Person in charger of accounting organ: Sun Longlong
4. Profit statement of parent company
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Current Period Last Period
I. Operating income 2,125,268.76 6,172,431.82
Less: Operating income 1,886,437.85 1,495,002.40
Operating tax and extras
Sales expenses
Administration expenses 1,836,601.49 31,045,455.46
Financial expenses -281.28 -70,557.75
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
with “-”)
Including: Investment income on
affiliated company and joint venture
II. Operating profit (Loss is listed
-1,597,489.30 -26,297,468.29
with “-”)
Add: Non-operating income 1,832,113.64 1,245.00
Less: Non-operating expense 9,539.00 6,836.00
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
225,085.34 -26,303,059.29
“-”)
Less: Income tax 56,271.34
IV. Net profit (Net loss is listed with
168,814.00 -26,303,059.29
“-”)
V. Earnings per share -- --
i. Basic earnings per share 0.0003 -0.0477
ii. Diluted earnings per share 0.0003 -0.0477
VI. Other consolidated income
VII. Total consolidated income 168,814.00 -26,303,059.29
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Person in charger of accounting organ: Sun Longlong
5. Consolidated cash flow statement
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and
12,586,387.99 20,916,481.41
providing labor services
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
Insured savings and net increase of investment
Net increase of disposal of transaction
financial asset
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
17,000,307.11 12,913,898.92
activities
Subtotal of cash inflow arising from
29,586,695.10 33,830,380.33
operating activities
Cash paid for purchasing commodities and
16,828,131.63 17,137,023.92
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
Cash paid for interest, commission charge and
commission
Cash paid for bonus of guarantee slip
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Cash paid to/for staff and workers 4,013,471.14 30,362,714.97
Taxes paid 322,254.76 877,817.29
Other cash paid concerning operating
5,918,481.20 3,472,714.79
activities
Subtotal of cash outflow arising from
27,082,338.73 51,850,270.97
operating activities
Net cash flows arising from operating
2,504,356.37 -18,019,890.64
activities
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income
Net cash received from disposal of fixed,
20,500.00
intangible and other long-term assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning investing
activities
Subtotal of cash inflow from investing
20,500.00
activities
Cash paid for purchasing fixed, intangible and
3,504.27 4,429.06
other long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from subsidiaries and other
units
Other cash paid concerning investing
activities
Subtotal of cash outflow from investing
3,504.27 4,429.06
activities
Net cash flows arising from investing
16,995.73 -4,429.06
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
Cash received from issuing bonds
Other cash received concerning financing
activities
Subtotal of cash inflow from financing activities
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Cash paid for settling debts
Cash paid for dividend and profit 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
Net cash flows arising from financing
activities
IV. Influence on cash due to fluctuation in
exchange rate
V. Net increase of cash and cash equivalents 2,521,352.10 -18,024,319.70
Add: Balance of cash and cash equivalents at
26,834,171.59 52,395,360.86
the period -begin
VI. Balance of cash and cash equivalents at the
29,355,523.69 34,371,041.16
period -end
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
Person in charger of accounting organ: Sun Longlong
6. Cash flow statement of parent company
Prepared by Shenzhen China Bicycle Company (Holdings) Limited
In RMB
Items Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and
providing labor services
Write-back of tax received
Other cash received concerning operating
17,981,502.19 12,754,323.86
activities
Subtotal of cash inflow arising from operating
17,981,502.19 12,754,323.86
activities
Cash paid for purchasing commodities and
receiving labor service
Cash paid to/for staff and workers 3,058,318.31 28,751,436.59
Taxes paid 149,587.41 540,206.58
Other cash paid concerning operating activities 15,270,081.91 3,266,697.14
Subtotal of cash outflow arising from operating
18,477,987.63 32,558,340.31
activities
20
深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
Net cash flows arising from operating activities -496,485.44 -19,804,016.45
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income
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
Subtotal of cash inflow from investing activities
Cash paid for purchasing fixed, intangible and
other long-term assets
Cash paid for investment
Net cash received from subsidiaries and other
units
Other cash paid concerning investing activities
Subtotal of cash outflow from investing
activities
Net cash flows arising from investing activities
III. Cash flows arising from financing activities
Cash received from absorbing investment
Cash received from loans
Cash received from issuing bonds
Other cash received concerning financing
activities
Subtotal of cash outflow from financing activities
Cash paid for settling debts
Cash paid for dividend and profit distributing or
interest paying
Other cash paid concerning financing activities
Subtotal of cash outflow from financing
activities
Net cash flows arising from financing activities
IV. Influence on cash due to fluctuation in exchange
rate
V. Net increase of cash and cash equivalents -496,485.44 -19,804,016.45
Add: Balance of cash and cash equivalents at the
1,080,836.82 31,432,888.50
period -begin
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深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
VI. Balance of cash and cash equivalents at the period
584,351.38 11,628,872.05
-end
Legal representative: Luo Guiyou Person in charger of accounting works: Li Hai
Person in charger of accounting organ: Sun Longlong
22
深圳中华自行车(集团)股份有限公司 2014 年第一季度报告全文
II. Audit report
Whether the first quarterly report had been audited or not
□ Yes √ No
The first quarterly report was unaudited
Board of Director of
Shenzhen China Bicycle Company (Holdings) Limited
24 April 2014
23
