深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2014
October 2014
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Section I. Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen Tellus
Holding Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious
statements, misleading statements, or important omissions carried in this report, and shall take all responsibilities,
individual and/or joint, for the reality, accuracy and completion of the whole contents.
All directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in
person.
Lv Hang, person in charge of the Company, head of the accounting works Luo Bojun,CFO FuBin and Ke
Wensheng, accounting body principals (accountant in charge) hereby confirm that the Financial Report of the
Third Quarterly Report is authentic, accurate and complete.
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
√ Yes □ No
Period-end of last year Increase/decrease
Current period-end
Before the adjustment After the adjustment After the adjustment
Total assets(RMB) 800,215,734.74 700,998,151.85 702,180,174.03 13.96%
Net assets attributable to
shareholders of listed company 185,692,594.23 191,351,957.28 182,370,970.80 1.82%
(RMB)
Increase/decrease in
Increase/decrease in comparison with
From Year-begin to end
Current period comparison with same year-begin to
of the Period
period of last year (%) Period-end of last
year
Operating revenue (RMB) 111,225,813.52 -22.06% 339,918,355.38 -6.82%
Net profit attributable to
shareholders of the listed company -1,363,612.33 -108.22% 4,157,549.10 -79.72%
(RMB)
Net profit attributable to
shareholders of the listed company
-2,527,297.78 518.87% 2,829,106.07 -177.48%
after deducting non-recurring gains
and losses(RMB)
Net cash flow arising from
-- -- 24,703,464.95 -12.42%
operating activities(RMB)
Basic earnings per share
-0.0062 -108.23% 0.0189 -79.70%
(RMB/Share)
Diluted earnings per share
-0.0062 -108.23% 0.0189 -79.70%
(RMB/Share)
Weighted average ROE -0.73% -9.57% 2.26% -8.78%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Item Amount from year-begin to Note
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
end of the Period
Gains from vehicle adaptation
Gains/losses from the disposal of non-current asset (including the
194,942.48 from company and
write-off that accrued for impairment of assets)
its subsidiaries
Except for effective hedge business relevant to normal operation
of the Company, gains and losses arising from fair value change
Gains arising from disposal of
of tradable financial assets and tradable financial liabilities, and 1,141,821.27
CMBC shares
investment income from disposal of tradable financial assets,
tradable financial liabilities and financial assets available for sale
Other non-operating income and expenditure except for the
57,184.60
aforementioned items
Less: impact on income tax 7,467.21
Impact on minority shareholders’ equity (post-tax) 58,038.11
Total 1,328,443.03 --
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. Statement of the total common shareholders and shares-held of top ten common shareholders at end of
the Period
In share
Total common shareholders at
13,856
period-end
Shares-held of top ten common shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders restricted shares
shareholder shares held held State of share Amount
held
SHENZHEN SDG State-owned
66.22% 145,870,560 14,587,056
CO., LTD corporate
Guoyuan Securities Foreign
1.41% 3,096,957
Brokerage (HK) corporation
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Co., Ltd.
Bank of
Communications
Co., Ltd.
–Changxing Other 0.52% 1,137,637
Quantitative
pioneer securities
investment fund
Bao Ying Fund-
CMBC-Bao Ying
golden share No. 6
Other 0.41% 899,867
Specific Multi-user
Assets
management plan
Domestic nature
Jiang Youhua 0.36% 800,038
person
Domestic nature
Du Shuangxiu 0.32% 700,297
person
CHINA INT’L
CAPITAL CORP Foreign
0.30% 649,928
HONG KONG corporation
SECURITIES LTD
FISRT
SHANGHAI Foreign
0.29% 631,907
SECURITIES corporation
LTD.
Domestic nature
Chen Jiansheng 0.27% 600,050
person
China Construction
Bank Co.,
Ltd.-Morgan
Stanley Huaxin Other 0.25% 553,565
Factors selected
strategy securities
investment fund
Particular about top ten common shareholders with un-restrict shares held
Type of shares
Shareholders Amount of un-restrict common shares held
Type Amount
RMB ordinary
SHENZHEN SDG CO., LTD 131,283,504
shares
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Domestically
Guoyuan Securities Brokerage (HK)
3,096,957 listed foreign
Co., Ltd.
shares
Bank of Communications Co., Ltd.
RMB ordinary
–Changxing Quantitative pioneer 1,137,637
shares
securities investment fund
Bao Ying Fund- CMBC-Bao Ying
RMB ordinary
golden share No. 6 Specific 899,867
shares
Multi-user Assets management plan
RMB ordinary
Jiang Youhua 800,038
shares
RMB ordinary
Du Shuangxiu 700,297
shares
Domestically
CHINA INT'L CAPITAL CORP
649,928 listed foreign
HONG KONG SECURITIES LTD
shares
Domestically
FISRT SHANGHAI SECURITIES
631,907 listed foreign
LTD.
shares
RMB ordinary
Chen Jiansheng 600,050
shares
China Construction Bank Co.,
Ltd.-Morgan Stanley Huaxin Factors RMB ordinary
553,565
selected strategy securities investment shares
fund
Among the top ten shareholders, there exists no associated relationship between the
state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and
Explanation on associated
they do not belong to the consistent actionist regulated by the Management Measure of
relationship among the top ten
Information Disclosure on Change of Shareholding for Listed Companies. For the other
shareholders or consistent action
shareholders of circulation share, the Company is unknown whether they belong to the
consistent actionist.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders with
un-restrict shares held (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
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
2. Total of shareholders with preferred stock held and the top ten shareholdings in Period-end
□Applicable √Not applicable
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
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
(I) Impact on consolidated financial statement of the Company by new revised accounting standards
Subject to regulation of Accounting Standards for Business Enterprise No.2 –Long-term Equity Investment revised, recognition and
measurement of long-term equity investment towards subsidiaries, joint ventures and affiliates should be regulated, as for the
long-term equity investment of the invested entiry without control, common control and significant influence owned by the investor,
concluded in the regulation scope of Accounting Standards for Business Enterprise No.22 –Recognition and Measurement of
Financial Insutruments. According to the standards, the Company revised the accounting policy on long-term equity investment;
meanwhile, for those equity investment which the Company has no control/common control or significant influence and whose fair
value counld not be able to measured surely, calculated based on financial assets available for sale measued by cost in stead of
long-term equity investment, and adjsuted on retrospective application. The original investment (calculated in long-term equity
investment with book value of RMB 10,479,000 up to end of September 2014) was transfer to the financial assets available for sale
for listing, amount of consolidated statement at beginning of the Year is adjusted correspondingly to the same number.
The rule changes of long term equity investment impact on the consolidated financial statements.
In RMB/CNY
December.31, 2013
The proportion Total owners' equity Total owners'
of attributable to parent Long-term equity Financial assets equity
The invested entity
shareholding company dated 1 investments held-for-trade attributable to
(%) January 2014 (+/-) (+/-) (+/-) parent company
(+/-)
Shenzhen Tellus
Xinyongtong
18 -
Automobiles Services
Co.,Ltd
Zhongqi Training center 6.25 -
Mililong 6.25 -
Electrombile Project 11.1 -
Shenzhen Jinhe standard
15 -
molds Co.,Ltd.
Shenzhen Bisike
7.5 -302,368.57 +302,368.57
Machine Co.,Ltd.
China Perfect
4.94 -10,176,617.20 +10,176,617.20
Machinery Industry
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Co.,Ltd.
Shenzhen Jingwei
12.5
Industrial Co.,Ltd.
Shenzhen Moscow
7
Co.,Ltd.
Wuhan Weite Hotel
Shenzhen Petroleum &
Chemical(group) 100000shares
Co.,Ltd.
Hongkong Rishen
7.5 -
National Co.,Ltd.
Total -- -10,478,985.77 +10,478,985.77
According to the revised Accounting Standards for Business Enterprises No.9- Employee Compensation, the Company made some
adjustments on accounting policy of employee compersation,the policy definites the retired employees` welfare. Accordingly,the
company traced and adjusted the welfare based on the Accounting Standards No. 28-Changes and Error Correction on Accounting
Policy and Estimate. The staffs of the company enjoy retirement benefits based on the original standard, but the staffs who retire
after April 1, 2013 will not be issued any welfare subsidy. There is 333 people who retired before March 31, 2013 now in the
company and the retirement welfare expenditure has reached RMB 898200. According to welfare standards,the impacts of year-begin
balance sheet includes: total assets increased RMB 1,182,000 (deferred income tax assets increased RMB 1182000); total liability
increased RMB 10297200 (employee payable compensation increased RMB 10,297,200); total shareholders equity decreased RMB
9115200 (retained profit decreased RMB 8,981,000, minority interest decreased RMB 134,200). The profit statement at same period
of last year has been traced and adjusted correspondingly.
The assumption of actuarial valuation:
The assumption of actuarial valuation Current period Last period
Discount rate 5.45% 5.45%
Mortality rate 2.05% 1.81%
Expected of average life 90.56 88.68
Growth projections of employee
0 0
compensation
Impact on change of employee compensation:
In RMB/CNY
Payroll payable dated 1 January 2014 (+/-) Equity attributable to parent company dated 1 January 2013 (+/-)
10,297,200.33 -9,115,178.16
(II) Particular about changes from items of main accounting statements and financial indexes as well as reasons
(1) Items of balance sheet
Items Closing balance Balance at +,- amount +,- % Reasons of changes
year-begin
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Account Mainly because assets impairment
2,932,689.23 5,016,738.78 -2,084,049.55 -41.54%
receivables losses are withdraw in the Period
Account paid 11,236,378.62 8,309,574.73 2,926,803.89 35.22% Mainly because money paid in advance
in advance for vechicle of FTMS increased
Other 11,234,780.56 8,028,356.69 3,206,423.87 39.94% The current money increased
account
receivable
Other current 4,887,796.34 11,644,102.02 -6,756,305.68 -58.02% Mainly refers to the input tax ready for
assets deduction, decreased in the Period due
to the part of the invoice from
TOYOTO Company have not been
auterized
Construction 107,047,671.36 41,642,020.40 65,405,650.96 157.07% Mainly because more expenditure in
in progress project of Tellus Shuibei Jewelry
Building
Instangible 52,587,062.84 33,255.04 52,553,807.80 158032.61% Zhongtian Company obtained the
assets certificate of land use, the land price
paid has transfer to intangible assets
from other non-current assets
Other 26,339,112.00 -26,339,112.00 -100.00% Zhongtian Company obtained the
non-current certificate of land use, land price paid in
assets previous years have transferred to
intangible assets
Note 15,920,748.09 -15,920,748.09 -100.00% Notes at beginning of the Year mainly
receivable refers to the bank acceptance issued to
FTMS for vehicle purchased from Huari
Toyota Company
Account 4,951,761.09 22,087,866.51 -17,136,105.42 -77.58% Account received in advance for vehicle
received in decreased
advance
Tax payable 8,153,268.94 16,687,262.22 -8,533,993.28 -51.14% Income tax that accrual at end of last
year was paid by Automobile Industry
and Trade in the Year
Non-current 49,200,000.00 12,000,000.00 37,200,000.00 310.00% Mainly because the bank loans due
liability due within one year increased
within one
year
Long-term 251,597,550.55 131,000,000.00 120,597,550.55 92.06% Mainly because bank loans increased
loans
(2) Items of profit statement
Items Current period Last period +,- amount +,- % Reasons of changes
Operation tax and 3,768,251.35 5,892,790.86 -2,124,539.51 -36.05% Investment real estate was sold by
surcharge Automobile Industry & Trade Company
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
in the same period of last year
Losses of Mainly because bad debt of
4,259,714.29 100,000.00 4,159,714.29 4159.71%
devaluation of asset receivables was draw in this Period
Investment income 12,067,873.29 4,215,035.52 7,852,837.77 186.31% Profit of the Company increased due to
equity method calculation
Income tax expenses 727,689.24 8,683,879.23 -7,956,189.99 -91.62% Investment real estate was sold by
Automobile Industry & Trade Company
in the same period of last year
(3) Items of cash flow statement
Items Current period Last period +,- amount +,- % Reasons of changes
Cash received from 84,270.40 2,522,938.25 -2,438,667.85 -96.66% There has a bonus from SPD
investments income Machinery at same perido of last
year
Net cash received 143,540.00 32,257,058.00 -32,113,518.00 -99.56% Investment real estate was sold by
from disposal of Automobile Industry & Trade
fixed, intangible and
Company in the same period of last
other long-term
assets year
Cash paid for 93,261,819.11 19,372,518.88 73,889,300.23 381.41% Mainly due to the expenditure of
purchasing fixed, construction in progress and 50% of
intangible and other the land price paid
long-term assets
Cash paid for 10,087,147.05 -10,087,147.05 -100.00% Cash paid for capital increased to
investment affiliated enterprise at same perido
of last year
Net cash flow arising 85,771,333.56 -12,411,116.22 98,182,449.78 Mainly because the loans increased
from financing in Period.
activities
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable □Not applicable
The Company initiate the private placement project in the Year, details are as:
Query indexes of disclosure website for
Overview Disclosure date
interim report
The 19th extraordinary meeting of 7th Found more in “resolution of 19th
session of the Board was held on 21 April extraordinary meeting of 7th session of
2014, relevant proposal of private the Board” (Notice No.: 2014-017)
2014-04-22
placement have been deliberated and released on Securities Times, Hong Kong
approved. And the 4th extraordinary general Commercial Daily and Juchao Website
meeting of 2014 held on 3 June 2014 was (http://www.cninfo.com.cn)
deliberated and approved the proposal. On Found more in “resolution of 4th
2014-06-04
19 May 2014, the “Reply on Issue of extraordinary general meeting of 2014”
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Private Placement under the Name of (Notice No.: 2014-034) released on
Shenzhen Tellus Holding Co., Ltd. from Securities Times, Hong Kong
SASAC, Shenzhen People’s Government” Commercial Daily and Juchao Website
(Shen Guo Zi Wei Han [2014] No.237) was (http://www.cninfo.com.cn)
received by the Company from
Found more in “Notice of Reply on
State-owned Assets Supervision and
Private Placement Plan from SASAC of
Administration Commission of Shenzhen
Shenzhen Government” (Notice No.:
People’s Government, agreed the private
2014-05-21 2014-031) released on Securities Times,
placement of the Company in principle.
Hong Kong Commercial Daily and
On 2 July 2014, the “Notice of Acceptance
Juchao Website
on Administrative Licensing Applications
(http://www.cninfo.com.cn)
of CSRC” issued by China Securities
Regulatory Commission (CSRC for short)
was received by the Company. CSRC
Found more in “Notice of Acceptance by
review the materials of administrative
CSRC on Private Placement of the
licensing applications that submitted by the
Company” (Notice No.: 2014-041)
Company for “Private Placement of Listed 2014-07-03
released on Securities Times, Hong Kong
Companies” pursuant to the law, they
Commercial Daily and Juchao Website
considers that the materials complete,
(http://www.cninfo.com.cn)
conform to the legal conditions and they
determine to accepted the applications.
III. Commitments made by the Company or shareholders holding above 5% shares of the
Company in reporting period or made in previous period and extending to reporting period
√ Applicable □Not applicable
Commitment Commitment
Commitments Accepter Contents Implementation
date term
(I) Commitments during the work of Share Merger
Reform of the Company:
1. Commitments on Lock-up period
(1) In accordance with the Measures for the
Administration of the Share Merger Reform of Listed
Companies, SDG would abide by the various laws,
regulations and rules, and perform its statutory
commitment duty.
Share Merger
SDG (2) Apart from the above-mentioned statutory 2005-12-25 Long term Implementing
Reform
commitment, SDG also made the following special
commitment: with 36 months since the day the reform
plan starts to take effect, SDG would not list at
Shenzhen Stock Exchange and sell the shares of Tellus it
held (except for the shares used to promote the
administration level of Tellus).
(3) The administration level would abide by the laws,
regulations and rules, and perform its statutory
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
commitment duty.
(4) SDG made the commitment: “The Promiser hereby
promises that, if the Promiser failed to fulfill its
commitment or not fully fulfill its commitment, it would
compensate other shareholders for their losses suffered
thereafter”.
(5) SDG declared: “The Promiser would dutifully fulfill
its commitments and shoulder corresponding legal
responsibilities. The Promiser would transfer the shares
held by it only if the assignee agree and have the ability
to shoulder the commitment responsibility.”
2. Special commitment concerning the incentive
mechanism
In order to effectively boost the core management level
and business backbones for long, SDG would take out
its shares, not exceeding 10% in total number after the
Share Merger Reform, and apply them to the boost of
the administration level. The shares would be sold to the
Company’s administrative level over 3 years, with the
selling price being the net asset value per share audited
during the period nearest to the implementation. Before
the implementation of the promoting plan by share
selling each year, the administration level must prepay
the Company a risk responsibility fund, i.e. 20% of the
planned selling price; Should the work of the
performance examination set by the Board failed to be
finished, the paid risk responsibility fund would not be
refunded and shall be owned by the Company. Detailed
rules concerning the limitations on the administration
level, such as the subscription conditions and risk
responsibility fund, and boost plans would be set by the
Board and submitted to relevant departments for
approval. The implementation of the shares for
promoting would be conducted strictly according to
relevant laws and regulations, and the circulation
conditions of these shares would be in conformity with
relevant regulations set by the Shenzhen Stock
Exchange. 3. Relevant expenses of this Share Merger
Reform of Tellus would be paid by SDG.
Controlling shareholder of the Company SDG has a
special commitment of incentive mechanism made on
SDG share merger reform of the Company. Later, SASAC and 2014-06-26 2016-6-30 Implementing
Ministry of Finance jointly issued the “Tentative
Measures on Implementation of Equity Incentive for
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
State-owned Listing Companies”, CSRC issued the
“Management Measures on Equity Incentive of Listed
Companies (Trial)”. By contrasting, the above
mentioned commitment made by SDG is out of the
relevant requirement from regulations the above said,
relevant commitment still failed to implement. On 26
June 2014, the Company actively negotiated with SDG
on the issues, and SDG promise continue to supporting
the Company in order to promote a long-acting incentive
plan as soon as possible instead of the equity incentive
commitment made in share merger reform, under the
premise of conforming to relevant law, regulations and
supervision requirement., and complete the long-acting
incentive mechanism construction before 30 June 2016.
At the appointed time, the long-acting incentive
mechanism plan will implement after submit for
deliberation and pass in general meeting of the
Company.
Commitments in
report of
acquisition or
equity change
Commitments in
assets replacement
Commitment made
during the IPO and
refinancing
Other commitments
for medium and
small shareholders
Completed on time
Yes
or not
Detail reasons for
un-complement and
N/A
further plan (if
applicable)
IV. Estimation of operation performance for year of 2014
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
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
Explanation on equity of other listed company held
√ Applicable □Not applicable
At beginning of the reporting period, the Company holds 135,920 shares of China Merchants Bank Co., Ltd.
(Stock abbr.:CMBC, stock code: 600036), listed in Shanghai Stock Exchange, item for accounting calculation:
financial assets availabel for sale; the Company sold the above mentioned shares dated 30 July 2014 during the
Period, and 1,141,821.27 Yuan earining generated.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report
period
□ Applicable √ Not applicable
The Company had no receiving research, communication or interview in the report period
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Items Closing balance Opening balance
Current assets:
Monetary funds 82,114,278.66 69,898,791.56
Settlement provisions
Capital lent
Financial assets measured by fair
value and whose change is recorded in
current gains and losses
Notes receivable
Accounts receivable 2,932,689.23 5,016,738.78
Accounts paid in advance 11,236,378.62 8,309,574.73
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 11,234,780.56 8,028,356.69
Purchase restituted finance asset
Inventories 57,895,711.45 62,826,365.70
Divided into assets held ready for
sales
Non-current asset due within one
year
Other current assets 4,887,796.34 11,644,102.02
Total current assets 170,301,634.86 165,723,929.48
Non-current assets:
Granted loans and advances
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Finance asset available for sales 10,478,985.77 11,959,154.57
Held-to-maturity investment 100,000.00 100,000.00
Long-term account receivable
Long-term equity investment 202,296,346.52 191,394,600.98
Investment property 86,645,601.10 88,422,673.91
Fixed assets 144,287,546.00 149,968,663.80
Construction in progress 107,047,671.36 41,642,020.40
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 52,587,062.84 33,255.04
Expense on Research and
Development
Goodwill
Long-term expenses to be
775,712.03 848,038.96
apportioned
Deferred income tax asset 25,695,174.26 25,748,724.89
Other non-current asset 26,339,112.00
Total non-current asset 629,914,099.88 536,456,244.55
Total assets 800,215,734.74 702,180,174.03
Current liabilities:
Short-term loans 89,741,296.00 110,969,952.93
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
Notes payable 15,920,748.09
Accounts payable 22,304,477.01 22,008,010.24
Accounts received in advance 4,951,761.09 22,087,866.51
Selling financial asset of
repurchase
Commission charge and
commission payable
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深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Wage payable 17,531,449.91 24,705,887.96
Taxes payable 8,153,268.94 16,687,262.22
Interest payable
Dividend payable
Other accounts payable 114,340,667.11 107,809,585.66
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held ready
for sale
Non-current liabilities due within 1
49,200,000.00 12,000,000.00
year
Other current liabilities
Total current liabilities 306,222,920.06 332,189,313.61
Non-current liabilities:
Long-term loans 251,597,550.55 131,000,000.00
Bonds payable
Long-term account payable 13,319,681.59 13,319,681.59
Special accounts payable
Projected liabilities
Deferred income tax liabilities 784,802.69 1,248,087.86
Other non-current liabilities 31,211,904.55 29,823,013.37
Total non-current liabilities 296,913,939.38 175,390,782.82
Total liabilities 603,136,859.44 507,580,096.43
Owner’s equity (or shareholders’
equity):
Paid-in capital (or share capital) 220,281,600.00 220,281,600.00
Capital public reserve 7,672,605.51 8,508,531.18
Less: Inventory shares
Reasonable reserve
Other comprehensive income
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit -45,214,197.60 -49,371,746.70
18
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Balance difference of foreign
currency translation
Total owner’s equity attributable to
185,692,594.23 182,370,970.80
parent company
Minority interests 11,386,281.07 12,229,106.80
Total owner’s equity(or shareholders’
197,078,875.30 194,600,077.60
equity)
Total liabilities and owner’s equity(or
800,215,734.74 702,180,174.03
shareholders’ equity)
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
2. Balance Sheet of parent company
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 13,158,277.49 30,209,143.04
Financial assets measured by fair
value and whose change is recorded in
current gains and losses
Notes receivable
Accounts receivable
Accounts paid in advance 81,050.00 21,000.00
Interest receivable
Dividend receivable
Other receivables 120,653,255.73 36,330,120.01
Inventories
Divided into assets held ready for
sales
Non-current asset due within one year
Other current assets
Total current assets 133,892,583.22 66,560,263.05
Non-current assets:
Finance asset available for sales 10,176,617.20 11,656,786.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 425,297,538.67 416,600,932.05
19
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Investment real estate 54,934,148.08 55,919,100.96
Fixed assets 18,204,484.60 18,675,995.34
Construction in progress 251,308.70 251,308.70
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 270,268.48 33,255.04
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned 147,582.63 65,496.04
Deferred income tax asset 13,995,873.99 14,025,080.64
Other non-current asset
Total non-current asset 523,277,822.35 517,227,954.77
Total assets 657,170,405.57 583,788,217.82
Current liabilities:
Short-term loans 19,544,160.00 67,544,160.00
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Notes payable
Accounts payable
Accounts received in advance
Wage payable 3,375,667.12 7,590,080.17
Taxes payable 424,312.39 403,514.95
Interest payable
Dividend payable
Other accounts payable 258,512,210.76 287,687,112.90
Divided into liability held ready
for sale
Non-current liabilities due within 1 year 49,200,000.00 6,000,000.00
Other current liabilities
Total current liabilities 331,056,350.27 369,224,868.02
Non-current liabilities:
Long-term loans 205,300,000.00 95,500,000.00
20
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities 278,641.88
Other non-current liabilities
Total non-current liabilities 205,300,000.00 95,778,641.88
Total liabilities 536,356,350.27 465,003,509.90
Owner’s equity (or shareholders’
equity):
Paid-up capital (or share capital) 220,281,600.00 220,281,600.00
Capital public reserve 4,479,182.23 5,315,107.90
Less: Inventory shares
Reasonable reserve
Other comprehensive income
Surplus public reserve 2,952,586.32 2,952,586.32
General risk reserve
Retained profit -106,899,313.25 -109,764,586.30
Balance difference of foreign currency
translation
Total owner’s equity(or shareholders’
120,814,055.30 118,784,707.92
equity)
Total liabilities and owner’s equity(or
657,170,405.57 583,788,217.82
shareholders’ equity)
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
3. Consolidated Profit Statement (this report period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Item Amount in this period Amount in last period
I. Total operating income 111,225,813.52 142,706,715.07
Including: Operating income 111,225,813.52 142,706,715.07
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 116,967,815.79 120,337,816.42
21
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Including: Operating cost 91,811,039.46 99,648,257.75
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 1,304,403.00 3,015,912.82
Sales expenses 4,759,319.27 4,949,177.55
Administration expenses 10,271,520.89 8,857,503.82
Financial expenses 4,597,418.06 3,866,964.48
Losses of devaluation of asset 4,224,115.11
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
4,226,397.31 2,434,952.95
“-”)
Including: Investment income on
affiliated company and joint venture
Exchange income (Loss is listed with
“-”)
III. Operating profit (Loss is listed
-1,515,604.96 24,803,851.60
with “-”)
Add: Non-operating income 37,151.22 20,677.90
Less: Non-operating expense 7,643.04 102,645.38
Including: Disposal loss of non-current
asset
IV. Total Profit (Loss is listed with
-1,486,096.78 24,721,884.12
“-”)
Less: Income tax expense 26,656.17 8,488,504.11
V. Net profit (Net loss is listed with “-”) -1,512,752.95 16,233,380.01
Including: net profit realized before
consolidation by mergered party
Net profit attributable to owner’s of
-1,363,612.33 16,584,506.46
parent company
Minority shareholders’ gains and losses -149,140.62 -351,126.45
VI. Earnings per share -- --
i. Basic earnings per share -0.0062 0.0753
ii. Diluted earnings per share -0.0062 0.0753
VII. Other consolidated income -45,890.65
22
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Inc: Other comprehensive items un-able
to re-classify as gains/losses in later
accounting period
Other comprehensive items able
to re-classify as gains/losses in later
-45,890.65
accounting period while regulated
conditions are satisfy
VIII. Total comprehensive income -1,512,752.95 16,187,489.36
Total consolidated income attributable
-1,363,612.33 16,538,615.81
to owners of parent company
Total consolidated income attributable
-149,140.62 -351,126.45
to minority shareholders
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
4. Profit Statement of parent company (this report period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Items Amount in this period Amount in last period
I. Operating income 5,451,132.90 4,364,838.05
Less: operating cost 906,128.86 932,693.61
Operating tax and extras 305,263.44 244,430.95
Sales expenses
Administration expenses 4,876,681.26 3,675,384.43
Financial expenses 2,600,163.08 2,247,876.99
Losses of devaluation of asset 2,765.98
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
3,181,347.99 1,603,102.98
“-”)
Including: Investment income on
affiliated company and joint venture
II. Operating profit (Loss is listed
-58,521.73 -1,132,444.95
with “-”)
Add: Non-operating income
Less: Non-operating expense
Including: Disposal loss of non-current
asset
III. Total Profit (Loss is listed with
-58,521.73 -1,132,444.95
“-”)
Less: Income tax expense 9,735.55
IV. Net profit (Net loss is listed with
-68,257.28 -1,132,444.95
“-”)
V. Earnings per share -- --
i. Basic earnings per share -0.0003 -0.0051
23
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
ii. Diluted earnings per share -0.0003 -0.0051
VI. Other consolidated income -45,890.65
Inc: Other comprehensive items un-able
to re-classify as gains/losses in later
accounting period
Other comprehensive items
able to re-classify as gains/losses in
-45,890.65
later accounting period while regulated
conditions are satisfy
VII. Total comprehensive income -68,257.28 -1,178,335.60
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
5. Consolidated profit statement (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Item Amount in this period Amount in last period
I. Total operating income 339,918,355.38 364,794,033.33
Including: Operating income 339,918,355.38 364,794,033.33
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 348,195,943.14 341,335,827.05
Including: Operating cost 287,109,181.05 282,735,907.61
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 3,768,251.35 5,892,790.86
Sales expenses 13,941,341.57 14,391,552.84
Administration expenses 25,998,794.13 26,274,852.96
24
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Financial expenses 13,118,660.75 11,940,722.78
Losses of devaluation of asset 4,259,714.29 100,000.00
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
12,067,873.29 4,215,035.52
“-”)
Including: Investment income on
affiliated company and joint venture
Exchange income (Loss is listed with
“-”)
III. Operating profit (Loss is listed
3,790,285.53 27,673,241.80
with “-”)
Add: Non-operating income 262,403.13 243,239.66
Less: Non-operating expense 10,276.05 126,398.38
Including: Disposal loss of non-current
asset
IV. Total Profit (Loss is listed with
4,042,412.61 27,790,083.08
“-”)
Less: Income tax expense 727,689.24 8,683,879.23
V. Net profit (Net loss is listed with “-”) 3,314,723.37 19,106,203.85
Including: net profit realized before
consolidation by mergered party
Net profit attributable to owner’s of
4,157,549.10 20,501,915.92
parent company
Minority shareholders’ gains and losses -842,825.73 -1,395,712.07
VI. Earnings per share -- --
i. Basic earnings per share 0.0189 0.0931
ii. Diluted earnings per share 0.0189 0.0931
VII. Other consolidated income -294,806.90
Inc: Other comprehensive items un-able
to re-classify as gains/losses in later
accounting period
Other comprehensive items
able to re-classify as gains/losses in
-294,806.90
later accounting period while regulated
conditions are satisfy
VIII. Total comprehensive income 3,314,723.37 18,811,396.95
Total consolidated income attributable
4,157,549.10 20,207,109.02
to owners of parent company
Total consolidated income attributable
-842,825.73 -1,395,712.07
to minority shareholders
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
25
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
6. Profit Statement of parent company (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Items Amount in this period Amount in last period
I. Operating income 15,136,033.02 13,210,791.07
Less: operating cost 2,726,322.58 2,824,601.52
Operating tax and extras 847,617.85 739,804.31
Sales expenses
Administration expenses 11,091,999.21 10,755,820.35
Financial expenses 7,524,094.75 6,888,810.83
Losses of devaluation of asset 2,765.98
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
9,922,734.37 2,907,698.33
“-”)
Including: Investment income on
affiliated company and joint venture
II. Operating profit (Loss is listed
2,865,967.02 -5,090,547.61
with “-”)
Add: Non-operating income 28,512.68
Less: Non-operating expense
Including: Disposal loss of non-current
asset
III. Total Profit (Loss is listed with
2,894,479.70 -5,090,547.61
“-”)
Less: Income tax expense 29,206.65
IV. Net profit (Net loss is listed with
2,865,273.05 -5,090,547.61
“-”)
V. Earnings per share -- --
i. Basic earnings per share 0.0130 -0.0231
ii. Diluted earnings per share 0.0130 -0.0231
VI. Other consolidated income -294,806.90
Inc: Other comprehensive items un-able
to re-classify as gains/losses in later
accounting period
Other comprehensive items
able to re-classify as gains/losses in
-294,806.90
later accounting period while regulated
conditions are satisfy
VII. Total comprehensive income 2,865,273.05 -5,385,354.51
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
26
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
7. Consolidated Cash Flow Statement (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating
activities:
Cash received from selling commodities
371,669,991.52 374,617,424.96
and 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
Net increase of insured savings and
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
51,300,943.38 60,403,435.64
operating activities
Subtotal of cash inflow arising from
422,970,934.90 435,020,860.60
operating activities
Cash paid for purchasing commodities
288,431,038.72 285,547,928.23
and receiving labor service
Net increase of customer loans and
advances
Net increase of deposits in central bank
and interbank
Cash paid for original insurance
contract compensation
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee slip
Cash paid to/for staff and workers 39,305,850.34 37,795,748.68
Taxes paid 21,917,897.17 22,857,016.41
Other cash paid concerning operating
48,612,683.72 60,613,170.66
activities
Subtotal of cash outflow arising from
398,267,469.95 406,813,863.98
operating activities
Net cash flows arising from operating
24,703,464.95 28,206,996.62
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
1,507,458.60
investment
Cash received from investment income 84,270.40 2,522,938.25
27
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Net cash received from disposal of
fixed, intangible and other long-term 143,540.00 32,257,058.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
1,735,269.00 34,779,996.25
activities
Cash paid for purchasing fixed,
93,261,819.11 19,372,518.88
intangible and other long-term assets
Cash paid for investment 10,087,147.05
Net increase of mortgaged loans
Net cash received from subsidiaries and
other units
Other cash paid concerning investing
1,000.00 387,661.28
activities
Subtotal of cash outflow from investing
93,262,819.11 29,847,327.21
activities
Net cash flows arising from investing
-91,527,550.11 4,932,669.04
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 449,797,550.55 109,600,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
449,797,550.55 109,600,000.00
activities
Cash paid for settling debts 356,000,000.00 113,600,000.00
Cash paid for dividend and profit
8,026,216.99 8,391,116.22
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning financing
20,000.00
activities
Subtotal of cash outflow from financing
364,026,216.99 122,011,116.22
activities
Net cash flows arising from financing
85,771,333.56 -12,411,116.22
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 582.16 -2,235.61
exchange rate
V. Net increase of cash and cash
18,947,830.56 20,726,313.83
equivalents
Add: Balance of cash and cash
63,166,448.10 55,145,531.39
equivalents at the period -begin
VI. Balance of cash and cash
82,114,278.66 75,871,845.22
equivalents at the period -end
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
28
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
8. Cash Flow Statement of parent company (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating
activities:
Cash received from selling commodities
15,144,942.54 13,939,778.70
and providing labor services
Write-back of tax received
Other cash received concerning
175,188,947.26 151,403,768.87
operating activities
Subtotal of cash inflow arising from
190,333,889.80 165,343,547.57
operating activities
Cash paid for purchasing commodities
and receiving labor service
Cash paid to/for staff and workers 10,304,011.17 9,922,202.20
Taxes paid 2,840,852.22 2,714,918.50
Other cash paid concerning operating
291,743,250.05 114,975,453.34
activities
Subtotal of cash outflow arising from
304,888,113.44 127,612,574.04
operating activities
Net cash flows arising from operating
-114,554,223.64 37,730,973.53
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
1,507,458.60
investment
Cash received from investment income 84,270.40 2,522,938.25
Net cash received from disposal of
fixed, intangible and other long-term 39,890.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
1,631,619.00 2,522,938.25
activities
Cash paid for purchasing fixed,
1,852,320.00 106,748.00
intangible and other long-term assets
Cash paid for investment 10,087,147.05
Net cash received from subsidiaries and
other units
Other cash paid concerning investing
activities
Subtotal of cash outflow from investing
1,852,320.00 10,193,895.05
activities
Net cash flows arising from investing
-220,701.00 -7,670,956.80
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans 342,500,000.00 50,000,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
29
深圳市特力(集团)股份有限公司 2014 年第三季度报告全文
Subtotal of cash inflow from financing
342,500,000.00 50,000,000.00
activities
Cash paid for settling debts 237,500,000.00 44,500,000.00
Cash paid for dividend and profit
7,275,940.91 3,413,008.90
distributing or interest paying
Other cash paid concerning financing
activities
Subtotal of cash outflow from financing
244,775,940.91 47,913,008.90
activities
Net cash flows arising from financing
97,724,059.09 2,086,991.10
activities
IV. Influence on cash and cash
equivalents due to fluctuation in -81.72
exchange rate
V. Net increase of cash and cash
-17,050,865.55 32,146,926.11
equivalents
Add: Balance of cash and cash
30,209,143.04 1,614,187.49
equivalents at the period -begin
VI. Balance of cash and cash
13,158,277.49 33,761,113.60
equivalents at the period -end
Legal representative: Lv Hang
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: FuBin
Person in charge of accounting organ:Ke Wensheng Ke Wensheng
II. Audit report
Whether the third quarter report was audited or not
□Yes √No
The third quarter report of the Company has not been audited
Chairman of the Board:Lv Hang
Board of Directors of
ShenZhen Tellus Holding Co., Ltd
October25, 2014
30
