深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Shenzhen Victor Onward Textile Industrial Co., Ltd.
The First Quarterly Report 2013（Full Text）
April 2013
1
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
§1 Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this report
and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
Mr.Hu Yongfeng, The Company leader, Mr. Zhang Jinliang, Chief financial officer and the Mr..Ren
Changzheng, the person in charge of the accounting department (the person in charge of the accounting )hereby
confirm the authenticity and completeness of the financial report enclosed in this Quarterly Report .
All the directors attended the board meeting for reviewing the Quarterly Report.
2
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
II.Main financial data and changes of shareholders
（1）Main financial data
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not.
□ Yes √ No
January-March 2013 January-March 2012 Increase /decrease（％）
Operating income（RMB） 2,430,392.00 2,500,956.00 -2.82%
Net profit attributable to the shareholders
-2,662,785.00 -233,111.00 1,042.28%
of the listed company（RMB）
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of -2,645,703.00 -233,111.00 1,042.28%
listed company（RMB）
Cash flow generated by business operation,
987,246.00 571,809.00 72.65%
net（RMB）
Basic earning per share(RMB/Share) -0.02 0
Diluted gains per
-0.02 0
share(RMB/Share)(RMB/Share)
Weighted average return on equity
-2.27% -0.2% -2.07%
（%）
March 31, 2013 December 31, 2012 Increase /decrease（％）
Gross assets（RMB） 159,829,127.00 172,002,557.00 -7.08%
Net profit attributable to the shareholders
116,094,186.00 118,852,391.00 -2.32%
of the listed company（RMB）
Items of non-current gains and losses
√ applicable □ not applicable
Unit：RMB
Amount (Year-beginning to
Non-recurring gain and loss items Notes（If applicable）
the end of the report period.)
Non-current asset disposal gain/loss(including the write-off part
-19,024.00
for which assets impairment provision is made)
Other non-business income and expenditures other than the above 1,942.00
Total -17,082.00 --
3
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
(2) Total number of shareholders at the end of report period and Particular about shares held by top ten
shareholders
Unit：Shares
Total number of shareholders at the
10,166
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
Union Domestic Non-
Holdings Co., State-owned legal 25.51% 43,141,032 0
Ltd. person
STYLE-SUCC Foreign
14.46% 24,466,029 0
ESS LIMITED shareholder
Shenzhen
Textile State-owned
5.46% 9,233,394 0
(Group)Holdin Legal person
gs Ltd
Rich Crown
Foreign
Investment Co., 3.62% 6,114,556 0
shareholder
Ltd.
Union Domestic Non-
Development State-owned legal 3.44% 5,821,089 0
Group Co., Ltd. person
Liuzhou Jiali Domestic Non-
Real estate legal person
2.49% 4,220,000 0
Development State-owned legal
Co., ltd. person
Foreign Natural
Zeng Ying 1.21% 2,039,600 0
person
Liuzhou
Domestic Non-
Ruiheng
State-owned legal 1.01% 1,700,000 0
Mechatronics
person
Co., Ltd.
Shing Ying Foreign Natural
0.84% 1,413,962 0
Chieh person
KGI ASIA Foreign
0.53% 889,650 0
LIMITED shareholder
4
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of the Share type
Name of the shareholder
reporting period Share type Quantity
RMB Common
Union Holdings Co., Ltd. 43,141,032 43,141,032
shares
Foreign shares
placed in
STYLE-SUCCESS LIMITED 24,466,029 24,466,029
domestic
exchange
Shenzhen Textile (Group)Holdings RMB Common
9,233,394 9,233,394
Ltd shares
Foreign shares
placed in
Rich Crown Investment Co., Ltd. 6,114,556 6,114,556
domestic
exchange
RMB Common
Union Development Group Co., Ltd 5,821,089 5,821,089
shares
Liuzhou Jiali Real estate RMB Common
4,220,000 4,220,000
Development Co., ltd. shares
Foreign shares
placed in
Zeng Ying 2,039,600 2,039,600
domestic
exchange
Liuzhou Ruiheng RMB Common
1,700,000 1,700,000
Mechatronics Co., Ltd. shares
Foreign shares
placed in
Shing Ying Chieh 1,413,962 1,413,962
domestic
exchange
Foreign shares
placed in
KGI ASIA LIMITED 889,650 889,650
domestic
exchange
Notes to the related relationship The controlling shareholder of the above-mentioned largest shareholder Shenzhen Union
between the shareholders or their Holdings Ltd.and fourth shareholder Rich Crown Investment Co., Ltd.. Is Union
concerted action Development Group Ltd.
5
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
§3 Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its reason.
1.Analysis of the reason for big change of the items of balance sheet of the Company as of the end of the report period. Unit: RMB
Items March 31,2013 December 31, 2012 Amount of increased / Proportion increased
decreased decreased
Monetary fund 43,119,477 52,227,262 -9,107,785 -17.43%
Bill receivable 1,000,000 1,500,000 -500,000 -33.33%
Inventories 0 101,536 -101,536 -100%
Other account payable 22,336,731 32,227,317 -9,890,586 -30.69%
(1) Monetary capital decreased by RMB 9,107,785 and 17.43% mainly due to payment of loan principal of RMB 10 million to Union
Group;
(2) Bills receivable decreased by RMB 500,000 mainly due to cashing of banker's acceptance bills in the amount of RMB 0.5
million;
(3) Inventories decreased by RMB 101,536 mainly because this part of inventories will be packed with fixed assets for disposal due
to bad condition of storage;
(4) Other payables decreased by RMB 9,890,586 mainly due to decrease of loan principal owed by Nanhua Company to Union
Group by RMB 10 million.
2..In the report period, Analysis of the reason for big change of the items of profit statement
In the period from January 2013 to March 2013,the company earned operating income of RMB 2.43 million on accumulative basis,
which decreased by RMB0.07 million and 2.82% year on year. Net profit is RMB- 2.66 million. compare to the data last year same
period, which loss increased by RMB 2.43 million.
⑴Analysis of reason for decrease of operating income：
Affected by the real estate rental situation
⑵The main reason for increased of amount of loss：
Due to Equity method accounted for earnings losses of the investment enterprises
3.Analysis of the reason for big change of the items of cash flow statement of the Company in the report period.
Unit：RMB
Items This period Same period of last year Amount of Proportion
increased/decreased Increased/ decreased
Net cash flows arising form
Operating activities 987,246 571,809 415,437 72.65%
Net cash flows from
investing activities 5,539 4,819 720 14.94%
Net cash flows from
financing activities -10,000,000 0 -10,000,000 -100%
The influence of change
in exchange rate -100,570 -2,933 -97,637 -99.00%
Net increase of cash and
6
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
cash equivalents -9,107,785 573,695 -9,681,480 -1,687.56%
⑴At the end of the report period, Net cash flows from operating activities increased by RMB 415,437 year on
year；
⑵At the end of the report period, Net cash flows from investing activities increased by RMB 720 year on year;
⑶At the end of the report period, There were no net cash flows from financing activities decreased by RMB 10,000,000 year on
year；
⑷At the end of the report period, the influence of change in exchange rate on cash and cash equivalents decreased by RMB97,637
year on year;
⑸At the end of the report period, net increase in cash and cash equivalents decreased by RMB9,681,480 year on year.
II. The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
(1 Since March 2007, Shenzhen Victor Onward Textile Industrial Co., Ltd. stopped production and dismissed
most of workers. And most subsidiaries of the company had stopped production and it maintained daily operation
by house leasing.
Except that Shenzhen East Asia Victor Onward Textile Printing and Dyeing Co., Ltd. is still
operating normally, other 5 subsidiaries controlled by the Company have stopped operation or are
maintaining daily operation by house property lease. The Company planned to invest in the joint
venture project of Nanjing East Asia Textile Printing and Dyeing Co., Ltd. with partial machinery
and equipment in 2007. Due to change of foundation of joint venture and prospect of the industry,
the capital increase was not completed. On June 4, 2012, The company has instituted court action
against below three companies at Jiangsu Province Higher People's Court, and asked to terminate
the contracts and agreements signed with Nanjing East Asia Textile Printing & Dyeing Co., Ltd.,
Nanjing East Asia Investment & Development Group Co., Ltd. and Hong Kong Yaojunxing Co.,
Ltd., who shall pay RMB47,922,902.92 to the company for the pecuniary loss of implicative
compensation and undertake the costs of litigation. The company has received the
Su-Shang-Wai-Chu-Zi No.0002 (2012) of “Notice on Indictment Acceptance and Collegial Panel
Announcement” issued by Jiangsu Province Higher People's Court on June 14, 2012. The case
hasn’t yet been tried,
(II) The stocks of the Company will be subject to special treatment for caution of delisting risk after the disclosure of 2012 annual report
As the audited net profits of the Company for 2011 and 2012 were negative, Shenzhen Stock Exchange will give special
treatment to the stocks of the Company for the caution of delisting risk according to relevant regulations including Stock Listing
Rules of Shenzhen Stock Exchange. The stocks of the Company will be subject to special treatment for caution of delisting risk after
the disclosure of 2012 annual report.
According to Stock Listing Rules of Shenzhen Stock Exchange, the listing of the stocks of the
Company will be suspended from the day of announcement of 2013 annual report if its audited net
profit for 2013 is still negative. In case of failure to reverse loss according to the annual report for
the latest period disclosed within statutory time limit, the stocks of the Company will face the risk
7
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
of termination of listing.
In order to try to have the caution of delisting risk revoked, the Company will make all efforts to
enhance operating efficiency and increase return through various measures and take "reversing loss
into profit" as the priority target of production and operation for the year in 2013.
Description of the website for disclosing
Description of provisional announcement Date of disclosing
provisional announcements
Announcement on lawsuits.of
http://www.cninfo.com.cn/finalpage/2012-
Shenzhen Victor Onward Textile June 16, 2012
06-16/61144742.PDF
Industrial Co., Ltd.
III．The commitments of the Company and its shareholders holding over 5% of the Company’s total shares in the
report year of extending to the report year from previous year.
Commitment Time of making Period of
Commitment Contents Fulfillment
maker commitment commitment
Committed
when the
restricted-for-sal
e shares from
the shares
restructuring
were listed for
circulation in the
Union Holdings market: i. if they
Co.., plan to sell the
Ltd/Shenzhen shares through
Textile the securities
Under
Commitment on share reform (Holdings) Co., exchange In effect
Fulfillment
Ltd./Union system in the
Development future, and the
Group Co., decrease of the
Ltd. shares they hold
reaches 5%
within 6 months
after the first
decrease, they
will disclose an
announcement
indicating the
sale through the
8
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
company within
two trading days
before the first
decrease; ii.
They shall
strictly observe
the “Guidelines
on Transfer of
Restricted-for-sa
le Original
Shares of Listed
Companies” and
the provisions of
the relevant
business
principles of
Shenzhen Stock
Exchange.
Commitment in the acquisition report or
Not applicable
the report on equity changes
Commitment made upon the assets
replacement Commitment made upon the Not applicable
assets replacement
Commitments made upon issuance Not applicable
Other commitments made to minority
Not applicable
shareholders
Executed timely or not? Yes
Detailed person for failing to execute and
Not applicable
the next plan
Make commitments on causing the
problems of horizontal competition and No
related-party transactions or not?
Settlement period of commitment Not applicable
Way of settlement Not applicable
Fulfillment of commitment Under Fulfillment
9
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
IV．Prediction of Business performance for January- June 2013.
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
√Applicable □ Not applicable
Forenotice of earnings: Losses
Type of date filled for the prediction
Year beginning to end of next Same period of
Increase or decrease%
report period the previous year
Estimated amount of
accumulative net -700 -- -500 -418 -- -67.46% -- -19.61%
profit(RMB’0000)
Basic earnings per shares
-0.04 -- -0.03 -0.02 -- -100% -- -50%
(Yuan/share)
Due to the effect of suspend production for rectification and the loss of real estate
projects of Zhejiang Union Hangzhou Bay Ventures Co., Ltd. accounted for on equity
Notes to forenotice of
basis.the accumulative net profit for the period for January-June
earnings
2013 is estimated to be loss and about RMB-7 million to RMB-5 million.
V. The registration form of acceptance of investigation, communication and interview in the report period for
future reference
Content of discussion and
Date Place Mode Type Visitor
materials provided
Office of board
Enquiry the company
January 8, 2013 secretary of the Telephone Individual Investor
situation
Company
Office of board Enquiry the company
February 5, 2013 secretary of the Telephone Individual Investor operation situation and
Company lawsuit
Office of board
Enquiry the Kui Chong
March 4, 2013 secretary of the Telephone Individual Investor
Factory land right situation
Company
10
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
IV. Financial statement
1. Financial statement
1.Consolidated Balance sheet
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit ：RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 43,119,477.00 52,227,262.00
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 1,000,000.00 1,500,000.00
Account receivable 744,712.00 744,712.00
Prepayments 35,654.00 176,443.00
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Interest receivable 43,507.00 38,414.00
Dividend receivable
Other account receivable 495,293.00 260,005.00
Repurchasing of financial assets
Inventories 101,536.00
Non-current asset due in 1 year
Other current asset
Total of current assets 45,438,643.00 55,048,372.00
Non-current assets：
Loans and payment on other’s
behalf disbursed
Disposable financial asset 689,649.00 751,542.00
Expired investment in possess
11
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Long-term receivable
Long term share equity
64,035,442.00 65,784,312.00
investment
Property investment 30,898,847.00 31,041,484.00
Fixed assets 11,837,176.00 12,416,459.00
Construction in progress
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 1,850,687.00 1,860,764.00
R & D petrol
Goodwill 5,078,683.00 5,099,624.00
Long-germ expenses to be
amortized
Differed income tax asset
Other non-current asset
Total of non-current assets 114,390,484.00 116,954,185.00
Total of assets 159,829,127.00 172,002,557.00
Current liabilities
Short-term loans
Loan from Central Bank
Deposit received and hold for
others
Call loan received
Trade off financial liabilities
Bill payable
Account payable 3,233,868.00 3,239,571.00
Advance payment 2,778,288.00 2,778,488.00
Selling of repurchased financial
assets
Fees and commissions receivable
Employees’ wage payable 740,911.00 766,680.00
Tax payable 1,793,662.00 1,622,074.00
Interest payable
12
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Dividend payable 1,215,946.00 1,215,946.00
Other account payable 22,336,731.00 32,227,317.00
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1 year
Other current liability 1,939,258.00 1,547,263.00
Total of current liability 34,038,664.00 43,397,339.00
Non-current liabilities：
Long-term loan 998,229.00 1,033,936.00
Bond payable
Long-term payable 8,454,093.00 8,488,953.00
Special payable
Expected liabilities
Differed income tax liability 780,677.00 766,660.00
Other non-current liabilities 836,792.00 836,792.00
Total of non-current liabilities 11,069,791.00 11,126,341.00
Total of liability 45,108,455.00 54,523,680.00
Owners’ equity
Share capital 169,142,356.00 169,142,356.00
Capital reserves 39,731,977.00 39,790,784.00
Less：Shares in stock
Special reserves
Surplus reserves 26,704,791.00 26,704,791.00
Common risk provision
Undistributed profit -118,936,726.00 -116,273,941.00
Different of foreign currency
-548,212.00 -511,599.00
translation
Total of owner’s equity belong to
116,094,186.00 118,852,391.00
the parent company
Minority shareholders’ equity -1,373,514.00 -1,373,514.00
Total of owners’ equity 114,720,672.00 117,478,877.00
Total of liabilities and owners’
159,829,127.00 172,002,557.00
equity
13
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
2. Balance sheet of Parent Company
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit：RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 7,501,186.00 17,293,509.00
Trading financial assets
Bill receivable 1,000,000.00 1,500,000.00
Account receivable
Prepayments
Interest receivable
Dividend receivable
Other account receivable 82,870,436.00 72,818,786.00
Inventories 101,536.00
Non-current asset due in 1 year
Other current asset
Total of current assets 91,371,622.00 91,713,831.00
Non-current assets：
Disposable financial asset
Expired investment in possess
Long-term receivable
Long term share equity
36,788,953.00 36,788,953.00
investment
Property investment 4,976,455.00 5,060,748.00
Fixed assets 9,118,735.00 9,145,661.00
Construction in progress
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
14
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Intangible assets 1,850,687.00 1,860,764.00
R & D petrol
Goodwill
Long-germ expenses to be
amortized
Differed income tax asset
Other non-current asset
Total of non-current assets 52,734,830.00 52,856,126.00
Total of assets 144,106,452.00 144,569,957.00
Current liabilities
Short-term loans
Trade off financial liabilities
Bill payable
Account payable 113,344.00 113,344.00
Advance payment 2,002,540.00 2,002,540.00
Employees’ wage payable 697,663.00 735,970.00
Tax payable 645,774.00 573,074.00
Interest payable
Dividend payable
Other account payable 873,096.00 884,092.00
Non-current liability due in 1 year
Other current liability 1,682,263.00 1,547,263.00
Total of current liability 6,014,680.00 5,856,283.00
Non-current liabilities：
Long-term loan
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 4,180,138.00 4,180,138.00
Other non-current liabilities 836,792.00 836,792.00
Total of Non-current liabilities 5,016,930.00 5,016,930.00
Total of liability 11,031,610.00 10,873,213.00
Owners’ equity
15
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Share capital 169,142,356.00 169,142,356.00
Capital reserves 31,606,598.00 31,606,598.00
Less：Shares in stock
Special reserves
Surplus reserves 26,309,287.00 26,309,287.00
Provision of general risk
Undistributed profit -89,585,165.00 -88,963,263.00
Different of foreign currency
-4,398,234.00 -4,398,234.00
translation
Total of owners’ equity 133,074,842.00 133,696,744.00
Total of liabilities and owners’
144,106,452.00 144,569,957.00
equity
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
3.Consolidated Profit Statement
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit ：RMB
Items Amount in this period Amount in last period
I. Income from the key business 2,430,392.00 2,500,956.00
Incl：Business income 2,430,392.00 2,500,956.00
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 3,442,926.00 3,754,060.00
Incl：Business cost 948,594.00 1,087,742.00
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Insurance policy dividend paid
16
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 125,716.00 93,516.00
Sales expense 91,723.00 75,074.00
Administrative expense 2,006,565.00 2,100,061.00
Financial expenses 168,792.00 397,667.00
Asset impairment loss 101,536.00
Add：Gains from change of fir
-1,590.00
value （“-”for loss）
Investment gain（“-”for loss） -1,633,169.00 1,016,409.00
Incl: investment gains from
affiliates
Gains from currency exchange
（“-”for loss）
III. Operational profit（“-”for loss -2,645,703.00 -238,285.00
Add：Non-business income 1,942.00 5,174.00
Less：Non business expenses 19,024.00
Incl ： Loss from disposal of
non-current assets
IV.Total profit(“-”for loss) -2,662,785.00 -233,111.00
Less：Income tax expenses
V. Net profit（“-”for net loss） -2,662,785.00 -233,111.00
Including: Net profit realized by
the entity taken over before the
takover
Net profit attributable to the
-2,662,785.00 -233,111.00
owners of parent company
Minority shareholders’ equity
VI. Earnings per share： -- --
（I）Basic earnings per share -0.02 0
(II)Diluted earnings per share -0.02 0
VII. Other comprehensive income -95,420.00 -9,522.00
VIII. Total comprehensive income -2,758,205.00 -242,633.00
Total comprehensive income
attributable to the owner of the -2,758,205.00 -242,477.00
parent company
17
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Total comprehensive income
-156.00
attributable minority shareholders
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
4. Profit statement of the Parent Company
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit ：RMB
Items Amount in this period Amount in last period
I. Income from the key business 481,360.00 379,157.00
Less：Business cost 84,293.00 119,502.00
Business tax and surcharge 37,953.00
Sales expense
Administrative expense 1,198,710.00 1,385,961.00
Financial expenses -326,156.00 -56,326.00
Asset impairment loss 101,536.00
Add：Gains from change of for
-1,590.00
value （“-”for loss）
Investment gain（“-”for loss） 9,322.00
Incl: investment gains from
affiliates
II. Operational profit（“-”for loss） -614,976.00 -1,062,248.00
Add：Non-business income 5,174.00
Less：Non- business expenses 6,927.00
Incl：Loss from disposal of
non-current assets
III.Total profit(“-”for loss) -621,903.00 -1,057,074.00
Less：Income tax expenses
IV. Net profit（“-”for net loss） -621,903.00 -1,057,074.00
V. Earnings per share： -- --
（I）Basic earnings per share 0 -0.01
18
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
(II)Diluted earnings per share 0 -0.01
VI. Other comprehensive income 0.00 0.00
VII. Total comprehensive income -621,903.00 -1,057,074.00
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
5. Consolidated Cash flow statement
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit ：RMB
Items Amount in this period Amount in last period
I.Cash flows from operating
activities
Cash received from sales of goods
2,917,174.00 2,529,969.00
or rending of services
Net increase of customer deposits
and capital kept for brother
company
Net increase of loans from central
bank
Net increase of inter-bank loans
from other financial bodies
Cash received against original
insurance contract
Net cash received from
reinsurance business
Net increase of client deposit and
investment
Net increase of trade financial
asset disposal
Cash received as interest,
processing fee and commission
Net increase of inter-bank fund
received
19
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Net increase of repurchasing
business
Tax returned
Other cash received from business
339,164.00 394,139.00
operation
Sub-total of cash inflow 3,256,338.00 2,924,108.00
Cash paid for purchasing of
merchandise and services
Net increase of client trade and
advance
Net increase of savings n central
bank and brother company
Cash paid for original contract
claim
Cash paid for interest, processing
fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for
743,566.00 841,173.00
staffs
Taxes paid 360,551.00 355,549.00
Other cash paid for business
1,164,975.00 1,155,577.00
activities
Sub-total of cash outflow from
2,269,092.00 2,352,299.00
business activities
Cash flow generated by business
987,246.00 571,809.00
operation, net
II.Cash flow generated by
investing
Cash received from investment
retrieving
Cash received as investment gains 9,322.00
Net cash retrieved from disposal
of fixed assets, intangible assets, 37,000.00 30,000.00
and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Net cash received from disposal
20
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
of subsidiaries or other
operational units
Sub-total of cash inflow due to
37,000.00 39,322.00
investment activities
Cash paid for construction of
fixed assets, intangible assets and 31,461.00 34,503.00
other long-term assets
Cash paid as investment
Net increase of loan against
pledge
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
activities
Sub-total of cash outflow due to
31,461.00 34,503.00
investment activities
Net cash flow generated by
5,539.00 4,819.00
investment
III.Cash flow generated by
financing
Cash received as investment
Incl: Cash received as investment
from minor shareholders
Cash received as loans
Cash received from bond placing
Other financing –related ash
received
Sub-total of cash inflow from
financing activities
Cash to repay debts 10,000,000.00
Cash paid as dividend, profit, or
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing
activities
Sub-total of cash outflow due to 10,000,000.00
21
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
financing activities
Net cash flow generated by
-10,000,000.00
financing
IV. Influence of exchange rate
alternation on cash and cash -100,570.00 -2,933.00
equivalents
V.Net increase of cash and cash
-9,107,785.00 573,695.00
equivalents
Add: balance of cash and cash
equivalents at the beginning of 52,227,262.00 53,399,316.00
term
VI.Balance of cash and cash
43,119,477.00 53,973,011.00
equivalents at the end of term
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
6. Cash flow statement of the Parent Company
Prepared by: Shenzhen Victor Onward Textile Industrial Co., Ltd.
Unit ：RMB
Items Amount in this period Amount in last period
I.Cash flows from operating
activities
Cash received from sales of goods
939,510.00 399,989.00
or rending of services
Tax returned
Other cash received from business
419,915.00 125,861.00
operation
Sub-total of cash inflow 1,359,425.00 525,850.00
Cash paid for purchasing of
merchandise and services
Cash paid to staffs or paid for
524,657.00 542,332.00
staffs
Taxes paid 162,342.00 155,094.00
22
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Other cash paid for business
486,750.00 624,484.00
activities
Sub-total of cash outflow from
1,173,749.00 1,321,910.00
business activities
Cash flow generated by business
185,676.00 -796,060.00
operation, net
II.Cash flow generated by
investing
Cash received from investment
retrieving
Cash received as investment gains 9,322.00
Net cash retrieved from disposal
of fixed assets, intangible assets, 22,000.00 30,000.00
and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Other cash receivable for
investment activities
Sub-total of cash inflow due to
22,000.00 39,322.00
investment activities
Cash paid for construction of
fixed assets, intangible assets and
other long-term assets
Cash paid as investment
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
activities
Sub-total of cash outflow due to
investment activities
Net cash flow generated by
22,000.00 39,322.00
investment
III.Cash flow generated by
financing
Cash received from absorbing
investment
Cash received as loans
23
深圳中冠纺织印染股份有限公司 2013 年第一季度报告全文
Cash received from bond placing
Other financing –related ash
received
Sub-total of cash inflow from
financing activities
Cash to repay debts 10,000,000.00
Cash paid as dividend, profit, or
interests
Other cash paid for financing
activities
Sub-total of cash outflow due to
10,000,000.00
financing activities
Net cash flow generated by
-10,000,000.00
financing
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
-9,792,324.00 -756,738.00
equivalents
Add: balance of cash and cash
equivalents at the beginning of 17,293,510.00 21,483,163.00
term
VI.Balance of cash and cash
7,501,186.00 20,726,425.00
equivalents at the end of term
Legal representative ：Hu Yongfengn
Person-in-charge of the accounting work：Zhang Jinliang
Person-in -charge of the accounting organ：Ren Changzhengi
II. Auditor’ report
Is the First Quarterly Report be audited?
□ Yes √No
24
