Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Nanjing Putian Telecommunications Co., Ltd.
2017 Third Quarterly Report
October 2017
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Nanjing Putian Telecommunications 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 the directors are present the meeting of the Board for deliberating the Third
Quarter Report of the Company in person.
Li Linzhen, person in charge of the Company, head of the accounting works Li
Linzhen and Gao Wen, accounting body principals (accountant in charge)
hereby confirms that the Financial Report of the Third Quarterly Report is
authentic, accurate and complete.
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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) 2,810,980,871.88 2,304,519,167.54 21.98%
Net assets attributable to
shareholders of listed company 340,177,305.19 339,838,415.21 0.10%
(RMB)
Increase/decrease in
Increase/decrease in
From year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 521,084,332.49 19.77% 1,533,480,739.88 20.76%
Net profit attributable to
shareholders of the listed company 13,585,613.61 1,240.75% 338,889.98 101.52%
(RMB)
Net profit attributable to
shareholders of the listed company
11,614,103.91 636.87% -2,669,669.67 89.11%
after deducting non-recurring gains
and losses (RMB)
Net cash flow arising from
-- -- -196,537,700.65 -90.84%
operating activities (RMB)
Basic earnings per share
0.064 1,166.67% 0.002 101.92%
(RMB/Share)
Diluted earnings per share
0.064 1,166.67% 0.002 101.92%
(RMB/Share)
Weighted average ROE 4.08% 4.45% 0.10% 6.75%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the
-478,112.83
write-off that accrued for impairment of assets)
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
1,870,225.30
national standards, which are closely relevant to enterprise’s
business)
Other non-operating income and expenditure except for the
2,369,644.50
aforementioned items
Less: impact on income tax 55,419.25
Impact on minority shareholders’ equity (post-tax) 697,778.07
Total 3,008,559.65 --
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 preference shareholders
Total number of common with voting rights recovered at
shareholders at the end of report 8,326 0
period end of reporting period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders non-tradable
shareholder shares held held State of share Amount
shares held
China Potevio
State-owned
Company 53.49% 115,000,000 115,000,000
corporate
Limited
GUOTAI
JUNAN
Overseas
SECURITIES(H 4.46% 9,596,527 0
corporate
ONGKONG)
LIMITED
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Shenwan
Hongyuan Overseas
4.46% 9,587,925 0
Securities (Hong corporate
Kong) co., LTD
Domestic nature
Zhang Huai’an 1.31% 2,807,000 0
person
Domestic nature
Zheng Enyue 1.12% 2,405,739 0
person
Domestic nature
Sun Huiming 0.93% 2,007,110 0
person
Guosen Securities
(HK) Brokerage Overseas
0.87% 1,861,882 0
Company corporate
Limited
Domestic nature
Gu Jinhua 0.83% 1,783,771 0
person
BOCI
Overseas
SECURITIES 0.80% 1,716,945 0
corporate
LIMITED
LI SHERYN Overseas nature
0.53% 1,145,000 0
ZHAN MING person
Particular about top ten shareholders with tradable shares held
Type of shares
Shareholders Amount of tradable shares held
Type Amount
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 9,596,527 listed foreign 9,596,527
LIMITED shares
Domestically
Shenwan Hongyuan Securities
9,587,925 listed foreign 9,587,925
(Hong Kong) co., LTD
shares
Domestically
Zhang Huai’an 2,807,000 listed foreign 2,807,000
shares
Domestically
Zheng Enyue 2,405,739 listed foreign 2,405,739
shares
Domestically
Sun Huiming 2,007,110 listed foreign 2,007,110
shares
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Domestically
Guosen Securities (HK) Brokerage
1,861,882 listed foreign 1,861,882
Company Limited
shares
Domestically
Gu Jinhua 1,783,771 listed foreign 1,783,771
shares
Domestically
BOCI SECURITIES LIMITED 1,716,945 listed foreign 1,716,945
shares
Domestically
LI SHERYN ZHAN MING 1,145,000 listed foreign 1,145,000
shares
Domestically
Jin Yunhua 950,162 listed foreign 950,162
shares
Explanation on associated Among the top ten shareholders, China Potevio Company Limited is neither a related party
relationship among the top ten nor a person acting in concert with the others. It’s unknown by the Company whether there
shareholders or consistent action are related parties or persons acting in concert among the other shareholders.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders (if
applicable)
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
Top ten common shareholders or top ten common shareholders with un-restrict shares not held have a buy-back agreement dealing in
reporting period
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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
Items 2017-9-30 (RMB) 2016-12-31 (RMB) Changed amount Main reasons for major
+,- (%)
(RMB) changes
194,707,874.63 519,683,411.72 -324,975,537.09 -62.53% Payables due for goods
increased on a y-o-y basis;
Monetary fund
and bank loans declined in
the period
39,976,260.73 59,748,722.91 -19,772,462.18 -33.09% Payment on goods are paid
Notes payable by acceptance draft in the
period
Account paid in 395,091,619.82 44,578,182.05 350,513,437.77 786.29% Purchase of receivable paid
advance in advance increased
Stock 771,308,222.46 527,931,889.47 243,376,332.99 46.10% The products manufactured
according to the contract
have not been paid at
period-end
Other current 39,820,185.29 6,842,370.71 32,977,814.58 481.96% Pending deduct VAT on
assets purchase increased
Bills payable 13,681,990.00 83,071,160.95 -69,389,170.95 -83.53% Payment for goods are paid
by acceptance draft decreased
in the period
Accounts payable 1,212,747,044.00 897,012,031.63 315,735,012.37 35.20% Account payable for products
purchasing increased in the
period
Payment in 612,904,406.14 310,313,462.24 302,590,943.90 97.51% Payment for goods received
advance in advance from clients
increased in the period
Tax payable 13,501,691.01 24,491,066.21 -10,989,375.20 -44.87% Taxes payable are paid in the
period
Deferred income 8,136,257.32 1,599,211.58 6,537,045.74 408.77% Received government grants
in the period, and reckoned
into deferred income
Items From Jan. to From Jan. to Changed amount Main reasons for major
+,- (%)
Sept. of 2017 Sept. of 2016 (RMB) changes
Investment income -849,185.37 897,964.98 -1,747,150.35 -194.57% Net profit from joint-stock
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
enterprises declined on a
y-o-y basis
Non operating 4,431,708.67 7,384,026.58 -2,952,317.91 -39.98% According to the change of
income accounting policy, VAT
refunds counted in Other
Income
Operating profit 15,683,565.91 -15,241,407.63 30,924,973.54 202.90% In reporting period, the
Total profit 19,275,490.66 -8,548,888.17 27,824,378.83 325.47% Company optimize and adjust
Net profit 13,073,944.74 -13,416,723.52 26,490,668.26 197.45% the industrial structure,
expending new projects, and
338,889.98 -22,300,037.16 22,638,927.14 101.52%
making more efforts on
Net profit
entity governance for deficit
attributable to
operation as well as on cost
owners’ of parent
control, as a results, the
company
operation revenue and profit
increased on a y-o-y basis
Net cash flow -196,537,700.65 -102,986,761.84 -93,550,938.81 -90.84% More purchase money paid in
arising from the period
financial activities
Net cash flow -8,474,958.17 -4,026,846.85 -4,448,111.32 -110.46% Cash paid for purchasing
arising from fixed assets are increased in
investment the period
activities
Net cash flow -113,109,354.78 -22,403,170.87 -90,706,183.91 -404.88% Bank loans in the period
arising from decreased over that of last
financing activities year
-318,145,249.49 -129,689,872.70 -188,455,376.79 -145.31% Cash flow arising from
Net increase of operation/investment and
cash and cash financing activities are
equivalent declined on a y-o-y basis in
the period
II. Progress and influence of the main events as well as solution analysis specification
√Applicable □ Not applicable
The Company have negative results of net profit attributable to shareholder of listed company, which has been audited, for three
years in a row (that is 2014, 2015 and 2016). And according to the regulation of Shenzhen Stock Exchange, stock of the Company
suspend since 11 May 2017. We are carrying out works for operation improvement in a deep-going way, strive to resume listing.
The specific measures and relevant progress of works can be found in ―Notice of Measusres for Resume Listing and Relevant
Progress of Works‖ released montly.
Information index for temporary report
Overview Date for disclosure
disclosure
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Notice of Suspend Listing 2017-05-09 Juchao Website (www.cninfo.com.cn)
2017-06-07 Juchao Website (www.cninfo.com.cn)
2017-07-07 Juchao Website (www.cninfo.com.cn)
Notice of Measusres for Resume Listing
2017-08-05 Juchao Website (www.cninfo.com.cn)
and Relevant Progress of Works
2017-09-07 Juchao Website (www.cninfo.com.cn)
2017-10-13 Juchao Website (www.cninfo.com.cn)
III. Commitments that the company, shareholders, actual controller, offeror, directors,
supervisors, senior management or other related parties 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 company, shareholders, actual controller, offeror, directors, supervisors, senior management or
other related parties 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 2017
Estimation on 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 on reason
□ Applicable √ Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form for receiving research, communication and interview in the report
period
□ Applicable √ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
X. Fulfill the precise social responsibility for poverty alleviation
1. Summary of targeted poverty alleviation
According to the unified arrangements of Nanjing Economic and Information Commission, the company will help the Liuhe District
– Molihua Village in pairs during the 13th Five-Year Plan. We have a site visiting recently, and according to the learned situation and
combined with the company's actual situation; it is currently developing the targeted poverty alleviation program for the 13 th
Five-Year period.
2. Target poverty alleviation for the 3Q
Index Unit of measure Quantity /implementation
I. Overall condition —— ——
II. Poverty alleviation by items —— ——
1.Industry development —— ——
2.Shift employment —— ——
3.Relocating in other places —— ——
4.Education —— ——
5.Health —— ——
6.Ecological protection —— ——
7. Reveal all the details —— ——
8.society —— ——
9.other —— ——
III. Award received (content and grade) —— ——
3. Follow-up target poverty alleviation
Currently, the Company still in preparation of the poverty alleviation plan, and will carry out target poverty alleviation in line with
the plan in later period.
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Nanjing Putian Telecommunications Co., Ltd.
2017-09-30
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 194,707,874.63 519,683,411.72
Settlement provisions
Capital lent
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Notes receivable 39,976,260.73 59,748,722.91
Accounts receivable 984,139,447.92 761,252,410.36
Accounts paid in advance 395,091,619.82 44,578,182.05
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 36,331,354.01 30,414,138.94
Purchase restituted finance asset
Inventories 771,308,222.46 527,931,889.47
Divided into assets held for sale
Non-current asset due within one year
Other current assets 39,820,185.29 6,842,370.71
Total current assets 2,461,374,964.86 1,950,451,126.16
Non-current assets:
Loans and payments on behalf
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Finance asset available for sales 741,953.00 741,953.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 185,788,897.79 187,082,857.56
Investment property 13,035,329.04 13,533,631.71
Fixed assets 121,329,261.35 124,281,522.14
Construction in progress 775,343.81
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 25,603,748.01 26,163,577.94
Expense on Research and
Development
Goodwill
Long-term expenses to be apportioned 2,331,374.02 2,264,499.03
Deferred income tax asset
Other non-current asset
Total non-current asset 349,605,907.02 354,068,041.38
Total assets 2,810,980,871.88 2,304,519,167.54
Current liabilities:
Short-term loans 412,500,000.00 473,500,000.00
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 13,681,990.00 83,071,160.95
Accounts payable 1,212,747,044.00 897,012,031.63
Accounts received in advance 612,904,406.14 310,313,462.24
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 18,973,061.63 17,476,239.20
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Taxes payable 13,501,691.01 24,491,066.21
Interest payable 208,892.07 732,412.79
Dividend payable 1,692,213.38 1,692,213.38
Other accounts payable 56,568,124.32 42,214,822.29
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 2,342,777,422.55 1,850,503,408.69
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income 8,136,257.32 1,599,211.58
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 8,136,257.32 1,599,211.58
Total liabilities 2,350,913,679.87 1,852,102,620.27
Owner’s equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 185,374,533.85 185,374,533.85
Less: Inventory shares
Other comprehensive income -4,634,605.50 -4,634,605.50
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Reasonable reserve
Surplus public reserve 589,559.77 589,559.77
Provision of general risk
Retained profit -56,152,182.93 -56,491,072.91
Total owner’s equity attributable to parent
340,177,305.19 339,838,415.21
company
Minority interests 119,889,886.82 112,578,132.06
Total owner’s equity 460,067,192.01 452,416,547.27
Total liabilities and owner’s equity 2,810,980,871.88 2,304,519,167.54
Legal representative: Li Linzhen
Person in charger of accounting works: Li Linzhen
Person in charge of accounting organ: Gao Wen
2. Balance Sheet of Parent Company
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 88,732,994.57 190,187,786.60
Financial assets measured by fair value
and with variation reckoned into current
gains/losses
Derivative financial assets
Notes receivable 23,047,295.02 26,166,177.42
Accounts receivable 436,334,120.95 418,155,912.47
Account paid in advance 389,830,470.89 22,118,450.95
Interest receivable
Dividends receivable 4,576,700.00
Other receivables 51,233,862.44 67,477,161.09
Inventories 574,228,076.04 382,213,995.39
Divided into assets held for sale
Non-current assets maturing within one
year
Other current assets 29,697,768.09
Total current assets 1,597,681,288.00 1,106,319,483.92
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Non-current assets:
Available-for-sale financial assets 741,953.00 741,953.00
Held-to-maturity investments
Long-term receivables
Long-term equity investments 354,604,642.21 355,898,601.98
Investment property
Fixed assets 57,339,736.86 56,774,280.91
Construction in progress 459,282.21
Project materials
Disposal of fixed assets
Productive biological assets
Oil and natural gas assets
Intangible assets 7,335,307.47 7,685,388.54
Research and development costs
Goodwill
Long-term deferred expenses 2,093,232.02 1,957,219.03
Deferred income tax assets
Other non-current assets
Total non-current assets 422,574,153.77 423,057,443.46
Total assets 2,020,255,441.77 1,529,376,927.38
Current liabilities:
Short-term borrowings 319,000,000.00 350,000,000.00
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable 11,681,990.00 73,071,160.95
Accounts payable 667,432,032.66 484,405,589.93
Accounts received in advance 596,408,569.82 256,897,356.96
Wage payable 7,642,132.15 6,437,798.79
Taxes payable 5,309,189.15 8,618,382.65
Interest payable 208,892.07 556,665.54
Dividend payable
Other accounts payable 234,475,725.03 148,211,527.27
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 1,842,158,530.88 1,328,198,482.09
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income 963,494.32 1,599,211.58
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 963,494.32 1,599,211.58
Total liabilities 1,843,122,025.20 1,329,797,693.67
Owners’ equity:
Share capita 215,000,000.00 215,000,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 172,417,299.81 172,417,299.81
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus reserve 589,559.76 589,559.76
Retained profit -210,873,443.00 -188,427,625.86
Total owner’s equity 177,133,416.57 199,579,233.71
Total liabilities and owner’s equity 2,020,255,441.77 1,529,376,927.38
3. Consolidated Profit Statement (the period)
In RMB
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Item Current Period Last Period
I. Total operating income 521,084,332.49 435,072,870.40
Including: Operating income 521,084,332.49 435,072,870.40
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 499,576,768.28 432,534,584.00
Including: Operating cost 426,752,215.51 352,484,417.11
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 3,169,545.11 2,081,612.48
Sales expenses 33,270,810.11 37,744,931.15
Administration expenses 34,369,942.72 36,079,862.84
Financial expenses 4,509,405.60 4,919,856.34
Losses of devaluation of asset -2,495,150.77 -776,095.92
Add: Changing income of fair
value(Loss is listed with ―-‖)
Investment income (Loss is listed
-231,092.32 -19,879.13
with ―-‖)
Including: Investment income on
-231,092.32 -19,879.13
affiliated company and joint venture
Exchange income (Loss is listed
with ―-‖)
Other income 1,629,382.27
III. Operating profit (Loss is listed
22,905,854.16 2,518,407.27
with ―-‖)
Add: Non-operating income 1,662,109.49 3,519,369.31
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Including: Disposal gains of
107,894.46
non-current asset
Less: Non-operating expense -89,892.37 610,103.56
Including: Disposal loss of
-77,357.53 1,815.93
non-current asset
IV. Total Profit (Loss is listed with
24,657,856.02 5,427,673.02
―-‖)
Less: Income tax expense 2,998,134.08 1,632,032.03
V. Net profit (Net loss is listed with ―-‖) 21,659,721.94 3,795,640.99
Net profit attributable to owner’s of
13,585,613.61 -1,190,941.53
parent company
Minority shareholders’ gains and
8,074,108.33 4,986,582.52
losses
VI. Net after-tax of other
164,503.71 241,817.20
comprehensive income
Net after-tax of other comprehensive
income attributable to owners of parent 148,053.34 217,635.48
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 148,053.34 217,635.48
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
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Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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 148,053.34 217,635.48
currency financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority 16,450.37 24,181.72
shareholders
VII. Total comprehensive income 21,824,225.65 4,037,458.19
Total comprehensive income
attributable to owners of parent 13,733,666.95 -973,306.05
Company
Total comprehensive income
8,090,558.70 5,010,764.24
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.064 -0.006
(ii) Diluted earnings per share 0.064 -0.006
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party.
Legal representative: Li Linzhen
Person in charger of accounting works: Li Linzhen
Person in charge of accounting organ: Gao Wen
4. Profit Statement of Parent Company (the period)
In RMB
Item Current Period Last Period
I. Operating income 147,699,663.42 164,193,494.68
Less: Operating cost 121,623,634.06 140,575,895.10
Operating tax and extras 1,585,716.39 882,733.30
Sales expenses 14,248,749.40 14,711,312.58
19
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Administration expenses 13,269,987.85 12,799,147.62
Financial expenses 4,794,328.50 3,794,507.93
Losses of devaluation of asset -2,133,913.27 -508,260.53
Add: Changing income of fair
value(Loss is listed with ―-‖)
Investment income (Loss is
4,382,736.34 1,537,115.45
listed with ―-‖)
Including: Investment income
-193,963.66 137,115.45
on affiliated company and joint venture
Other income
II. Operating profit (Loss is listed
-1,306,103.17 -6,524,725.87
with ―-‖)
Add: Non-operating income 1,204,073.78 2,225,817.40
Including: Disposal gains of
115,578.42
non-current asset
Less: Non-operating expense -12,419.93 114,496.00
Including: Disposal loss of
10,013.52 18,528.53
non-current asset
III. Total Profit (Loss is listed with
-89,609.46 -4,413,404.47
―-‖)
Less: Income tax expense
IV. Net profit (Net loss is listed with
-89,609.46 -4,413,404.47
―-‖)
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
20
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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 -89,609.46 -4,413,404.47
VII. Earnings per share:
(i) Basic earnings per share 0.000 -0.021
(ii) Diluted earnings per share 0.000 -0.021
5. Consolidated Profit Statement (from the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Total operating income 1,533,480,739.88 1,269,812,093.87
Including: Operating income 1,533,480,739.88 1,269,812,093.87
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 1,521,362,180.47 1,285,951,466.48
Including: Operating cost 1,281,348,705.69 1,038,658,066.13
Interest expense
Commission charge and
commission expense
21
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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 7,896,987.72 6,469,345.77
Sales expenses 112,601,920.25 118,219,649.63
Administration expenses 107,330,108.44 105,592,974.94
Financial expenses 13,210,994.42 16,167,799.30
Losses of devaluation of asset -1,026,536.05 843,630.71
Add: Changing income of fair
value(Loss is listed with ―-‖)
Investment income (Loss is listed
-849,185.37 897,964.98
with ―-‖)
Including: Investment income on
-849,185.37 897,964.98
affiliated company and joint venture
Exchange income (Loss is listed
with ―-‖)
Other income 4,414,191.87
III. Operating profit (Loss is listed
15,683,565.91 -15,241,407.63
with ―-‖)
Add: Non-operating income 4,431,708.67 7,384,026.58
Including: Disposal gains of
137,682.71
non-current asset
Less: Non-operating expense 839,783.92 691,507.12
Including: Disposal loss of
615,795.54 18,528.53
non-current asset
IV. Total Profit (Loss is listed with
19,275,490.66 -8,548,888.17
―-‖)
Less: Income tax expense 6,201,545.92 4,867,835.35
V. Net profit (Net loss is listed with ―-‖) 13,073,944.74 -13,416,723.52
Net profit attributable to owner’s of
338,889.98 -22,300,037.16
parent company
Minority shareholders’ gains and
12,735,054.76 8,883,313.64
losses
22
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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
23
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
VII. Total comprehensive income 13,073,944.74 -13,416,723.52
Total comprehensive income
attributable to owners of parent 338,889.98 -22,300,037.16
Company
Total comprehensive income
12,735,054.76 8,883,313.64
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.002 -0.104
(ii) Diluted earnings per share 0.002 -0.104
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party.
6. Profit Statement of Parent Company (from the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Operating income 639,969,808.89 513,419,093.92
Less: Operating cost 561,719,455.31 443,944,172.00
Operating tax and extras 3,539,704.52 2,822,076.55
Sales expenses 47,403,034.52 52,303,377.62
Administration expenses 42,556,420.92 40,299,680.39
Financial expenses 13,297,736.50 12,572,837.29
Losses of devaluation of asset -567,765.79 843,630.71
Add: Changing income of fair
value(Loss is listed with ―-‖)
Investment income (Loss is
3,727,514.63 2,297,964.98
listed with ―-‖)
Including: Investment income
-849,185.37 897,964.98
on affiliated company and joint venture
Other income 44,991.45
II. Operating profit (Loss is listed
-24,206,271.01 -37,068,715.66
with ―-‖)
Add: Non-operating income 1,964,184.13 3,379,222.23
Including: Disposal gains of
115,578.42
non-current asset
Less: Non-operating expense 203,730.26 166,820.49
Including: Disposal loss of
10,013.52 18,528.53
non-current asset
24
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
III. Total Profit (Loss is listed with
-22,445,817.14 -33,856,313.92
―-‖)
Less: Income tax expense
IV. Net profit (Net loss is listed with
-22,445,817.14 -33,856,313.92
―-‖)
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 -22,445,817.14 -33,856,313.92
25
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
VII. Earnings per share:
(i) Basic earnings per share -0.104 -0.157
(ii) Diluted earnings per share -0.104 -0.157
7. Consolidated Cash Flow Statement (from 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 1,711,680,651.61 2,054,659,482.31
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
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 3,876,858.51 3,952,028.24
Other cash received concerning
20,538,311.60 20,679,937.34
operating activities
Subtotal of cash inflow arising from
1,736,095,821.72 2,079,291,447.89
operating activities
26
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Cash paid for purchasing
commodities and receiving labor 1,557,193,269.77 1,789,784,524.83
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
Cash paid to/for staff and workers 181,816,718.96 184,236,200.80
Taxes paid 76,354,353.74 63,433,633.88
Other cash paid concerning
117,269,179.90 144,823,850.22
operating activities
Subtotal of cash outflow arising from
1,932,633,522.37 2,182,278,209.73
operating activities
Net cash flows arising from operating
-196,537,700.65 -102,986,761.84
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
444,774.40 362,372.00
income
Net cash received from disposal of
fixed, intangible and other long-term 150,975.40
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
444,774.40 513,347.40
activities
Cash paid for purchasing fixed,
8,919,732.57 4,540,194.25
intangible and other long-term assets
27
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
Cash paid for investment
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
8,919,732.57 4,540,194.25
activities
Net cash flows arising from investing
-8,474,958.17 -4,026,846.85
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 395,500,000.00 462,500,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
395,500,000.00 462,500,000.00
activities
Cash paid for settling debts 488,500,000.00 461,000,000.00
Cash paid for dividend and profit
20,109,354.78 23,903,170.87
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by 6,473,300.00 6,473,300.00
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
508,609,354.78 484,903,170.87
activities
Net cash flows arising from financing
-113,109,354.78 -22,403,170.87
activities
IV. Influence on cash and cash
equivalents due to fluctuation in -23,235.89 -273,093.14
exchange rate
28
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
V. Net increase of cash and cash
-318,145,249.49 -129,689,872.70
equivalents
Add: Balance of cash and cash
484,954,713.07 405,920,943.68
equivalents at the period -begin
VI. Balance of cash and cash
166,809,463.58 276,231,070.98
equivalents at the period -end
8. Cash Flow Statement of Parent Company (from 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 756,604,939.02 1,120,375,330.59
services
Write-back of tax received 2,342.16 239,819.41
Other cash received concerning
126,090,356.94 16,170,507.07
operating activities
Subtotal of cash inflow arising from
882,697,638.12 1,136,785,657.07
operating activities
Cash paid for purchasing
commodities and receiving labor 775,674,194.42 1,025,707,840.33
service
Cash paid to/for staff and workers 73,191,248.75 71,081,823.57
Taxes paid 25,433,681.00 18,232,296.21
Other cash paid concerning
60,591,753.66 92,804,570.89
operating activities
Subtotal of cash outflow arising from
934,890,877.83 1,207,826,531.00
operating activities
Net cash flows arising from operating
-52,193,239.71 -71,040,873.93
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
39,244,774.40 362,372.00
income
Net cash received from disposal of 2,000.00
29
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
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
39,244,774.40 364,372.00
activities
Cash paid for purchasing fixed,
6,510,594.72 3,843,918.52
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
6,510,594.72 3,843,918.52
activities
Net cash flows arising from investing
32,734,179.68 -3,479,546.52
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans 309,000,000.00 346,000,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
309,000,000.00 346,000,000.00
activities
Cash paid for settling debts 372,000,000.00 356,000,000.00
Cash paid for dividend and profit
10,736,760.60 12,990,422.11
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
382,736,760.60 368,990,422.11
activities
Net cash flows arising from financing
-73,736,760.60 -22,990,422.11
activities
30
Nanjing Putian Telecommunications Co., Ltd. 2017 Third Quarterly Report
IV. Influence on cash and cash
equivalents due to fluctuation in -100,956.62 68,383.33
exchange rate
V. Net increase of cash and cash
-93,296,777.25 -97,442,459.23
equivalents
Add: Balance of cash and cash
164,361,696.67 192,969,689.69
equivalents at the period -begin
VI. Balance of cash and cash
71,064,919.42 95,527,230.46
equivalents 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
Nanjing Putian Telecommunications Co., Ltd.
28 October 2017
31
