深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Shenzhen Tellus Holding Co., Ltd.
First Quarterly Report 2020
April 2020
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Section I. Important Notes
Board of Directors and the Supervisory Committee of Shenzhen Tellus Holding
Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors
and senior executives should guarantee the reality, accuracy and completion of
the quarterly report, there are no any fictitious statements, misleading statements
or important omissions carried in this report, and shall take legal responsibilities,
individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation.
Fu Chunlong, Person in charge of the Company, Lou Hong, person in charge of
accounting works, and Liu Yuhong, person in charge of accounting organ
(accounting officer) hereby confirm that the Financial Report of this Quarterly
Report is authentic, accurate and complete.
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Section II. Company Profile
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□ Yes √ No
Changes of this period over
Current Period Same period of last year
same period of last year
Operating income (RMB) 85,520,408.64 119,469,426.49 -28.42%
Net profit attributable to shareholders of the
5,209,071.29 18,017,619.19 -71.09%
listed company (RMB)
Net profit attributable to shareholders of
the listed company after deducting non- 2,618,160.47 15,885,705.01 -83.52%
recurring gains and losses (RMB)
Net cash flow arising from operating
6,507,973.24 2,986,868.23 117.89%
activities (RMB)
Basic earnings per share (RMB/Share) 0.0121 0.0606 -80.03%
Diluted earnings per share (RMB/Share) 0.0121 0.0606 -80.03%
Weighted average ROE 0.41% 1.70% -1.29%
Changes of this period-end
At the end of the reporting
At the end of last year over same period-end of last
period
year
Total assets (RMB) 1,635,904,162.86 1,645,782,144.03 -0.60%
Net assets attributable to shareholder of
1,276,174,367.31 1,270,965,296.02 0.41%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Item Note
period-end
Gains/losses from entrust investment or assets management 2,892,500.95 Financial income
Other non-operating income and expenditure except for the
217,501.91
aforementioned items
Less: Impact on income tax 186,237.18
Impact on minority shareholders’ equity (post-tax) 332,854.86
Total 2,590,910.82 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
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. Total number of shareholders at the end of this report period and top ten shareholders
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In shares
Total preference shareholders
Total number of common
with voting rights recovered at
shareholders at the end of report 48,315 0
end of reporting period (if
period
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Shareholder’s Nature of Proportion of Amount of shares
restricted shares
name shareholder shares held held State of share Amount
held
Shenzhen Special
Development State-owned
49.09% 211,591,621 0 0
Group Co., Ltd. corporation
(SDG)
Shenzhen Capital
Fortune Jewelry Domestic non
Industry state-owned 16.89% 72,786,341 0 0
Investment corporate
Enterprise (LP)
China CITIC
Bank Corporation
Limited -Jianxin
Other 0.65% 2,812,775 0 0
Securities 500
Index Enhanced
Investment Fund
GUOTAI
JUNAN
Foreign
SECURITIES(H 0.40% 1,736,091 0 0
corporation
ONGKONG)
LIMITED
ChuangJin Hexin Other 0.37% 1,601,647 0 0
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Fund - Industrial
and Commercial
Bank of China -
Foreign Trade
Trust - Foreign
Trade
Trust stable
wealth FOF
single fund trust
Hong Kong
Securities Foreign
0.28% 1,208,830 0 0
Clearing corporation
Company Ltd.
Agricultural Bank
of China Ltd. – Other 0.23% 986,424 0 0
CSI 500 ETF
Basic endowment
insurance fund Other 0.13% 558,070 0 0
1301 portfolio
Domestic nature
Chen Yun 0.12% 530,000 0 0
person
Huitianfu Fund
Management Co.,
Ltd. - Social Other 0.11% 494,600 0 0
Security Fund
1052 portfolio
Top ten shareholders with unrestricted shares held
Type of shares
Shareholder’s name Amount of unrestricted shares held
Type Amount
Shenzhen Special Development RMB ordinary
211,591,621 211,591,621
Group Co., Ltd. (SDG) shares
Shenzhen Capital Fortune Jewelry RMB ordinary
72,786,341 72,786,341
Industry Investment Enterprise (LP) shares
China CITIC Bank Corporation
RMB ordinary
Limited -Jianxin Securities 500 2,812,775 2,812,775
shares
Index Enhanced Investment Fund
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 1,736,091 listed foreign 1,736,091
LIMITED shares
ChuangJin Hexin Fund - Industrial 1,601,647 RMB ordinary 1,601,647
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
and Commercial Bank of China - shares
Foreign Trade Trust - Foreign Trade
Trust stable wealth FOF single
fund trust
Hong Kong Securities Clearing RMB ordinary
1,208,830 1,208,830
Company Ltd. shares
Agricultural Bank of China Ltd. – RMB ordinary
986,424 986,424
CSI 500 ETF shares
Basic endowment insurance fund RMB ordinary
558,070 558,070
1301 portfolio shares
RMB ordinary
Chen Yun 530,000 530,000
shares
Huitianfu Fund Management Co.,
RMB ordinary
Ltd. - Social Security Fund 1052 494,600 494,600
shares
portfolio
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 they
Explanation on associated
do not belong to the person acting in concert regulated by the Management Measure of
relationship among the aforesaid
Information Disclosure on Change of Shareholding for Listed Companies. For the other
shareholders
shareholders of circulation share, the Company is unknown whether they belong to the person
acting in concert.
Explanation on top ten common Shareholder Chen Yun, holds 530,000 shares of the company through the credit transaction
shareholders involving margin guarantee securities account and 0 shares of the company through the general securities
business (if applicable) account, with a total of 530,000 shares.
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.
2. Total shareholders with preferred stock held and shares held by top ten shareholders with preferred stock
held
□ Applicable √ Not applicable
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial index
and explanations of reasons
√ Applicable □ Not applicable
Balance sheet
Asset Closing balance Opening balance Changes amount Changes ratio Reasons of changes
Monetary fund 478,785,601.18 428,851,606.04 49,933,995.14 11.64% Redemption of financial products
increased over the same period of last
year
Accounts 107,271,730.72 112,613,224.27 -5,341,493.55 -4.74%
receivable
Assets held for
sale
Long-term 163,501,195.48 162,178,544.05 1,322,651.43 0.82%
equity
investment
Investment real 550,048,907.05 554,599,503.55 -4,550,596.50 -0.82%
estate
Fix assets 105,127,289.77 107,119,796.59 -1,992,506.82 -1.86%
60,444,542.50 47,654,393.55 12,790,148.95 26.84% Investment of initial phase for Tellus
Construction in Jinzhuan Trading Building (Phase II of
process Tellus Shuibei Jewelry Building)
increased.
Short-term loans - - -
Long-term loans
Advance 16,726,304.72 27,299,822.71 -10,573,517.99 -38.73% Advance receivable of Huari Company
receivable from vehicles sales are carried forward
to revenue
Other accounts 106,252,872.23 101,266,802.49 4,986,069.74 4.92%
payable
Stock 12,521,824.74 21,389,602.83 -8,867,778.09 -41.46% Decrease of stock vehicles of Huari
company
Profit statement
Amount at this At same period of
Item Change amount Changes ratio Reasons of changes
year last year
85,520,408.64 119,469,426.49 -33,949,017.85 -28.42% In response to the government's call
Operating income
for rent reduction for tenants, income
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
decreased due to the reduction of
jewelry sales affected by the epidemic
Financial -715,490.30 2,411,716.67 -3,127,206.97 Decrease in interest expense due to
expenses decrease in bank loans year on year
4,215,152.38 6,903,486.76 -2,688,334.38 -38.94% Due to the impact of the epidemic on
Investment
the profits of participating companies,
income
our investment income decreased.
Income tax 421,125.67 676,399.30 -255,273.63 -37.74% The operating profit of the affiliated
company decreased.
Taxes and 681,715.08 1,484,949.21 -803,234.13 -54.09% Taxes reduced for the declined of
surcharges business due to epidemic
Cash flow statement
Amount at this At same period of
Item Change amount Changes ratio Reasons of changes
year last year
Net cash flow 43,426,021.90 -55,828,779.95 99,254,801.85 Increase in cash inflow due to increase
arising from in redemption of financial products in
investment the current period
activity
Net cash flow - -12,837,638.82 12,837,638.82 100%
arising from Loan repayment in the same period of
financing last year, net amount increased year on
activity year due to no such item in the current
period
Net increased 49,933,995.14 -65,679,550.54 115,613,545.68
amount of cash
and cash
equivalent
Net cash flow 6,507,973.24 2,986,868.23 3,521,105.01 117.89% Due to the impact of the epidemic,
arising from some businesses were not carried out
operating normally, resulting in a year-on-year
activities decrease in expenses
II. Analysis and explanation of significant events and their influence and solutions
√Applicable □Not applicable
Matters concerning the exemption of some property rents in response to the COVID-19 epidemic
The Proposal on Exemption of Some Property Rents in Response to the COVID-19 Epidemic was deliberated and
approved by 13th extraordinary meeting of 9th BOD held on 19 Feb. 2020, and agreed to reduce and remit the rent
of the properties held by the Company and its affiliated enterprises. The exemption period is two months. Exemption
targets: the non-government institutions, non-state-owned enterprises, individual tenants of industrial and
commercial households and other tenants who meet the conditions of reduction or exemption recognized by the
management of the Company according to actual operation and management. Meanwhile, the scientific research
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
institutions and medical institutions are not restricted by the nature of the organization. Total rent reduction will not
exceed 25 million yuan (tax excluded). found more in the Notice on Exemption of Some Property Rents in Response
to the COVID-19 Epidemic(Notice No.: 2020-011) released on Securities Times, Hong Kong Commercial Daily
and Juchao Website on the same day.
Website query index of interim report
Summary of important issues Date of disclosure
disclosure
Found more in the Notice on Exemption of
Matters concerning the exemption of some Some Property Rents in Response to the
property rents in response to the COVID-19 COVID-19 Epidemic(Notice No.: 2020-
2020-02-21
epidemic 011) released on Securities Times, Hong
Kong Commercial Daily and Juchao
Website on the same day.
Implementation progress of shares buy-back
□ Applicable √ Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□ Applicable √ Not applicable
III. Commitments completed in Period and those without completed till end of the Period from
actual controller, shareholders, related parties, purchaser and companies
□ Applicable √ Not applicable
The Company has no commitments completed in Period and those without completed till end of the Period from actual controller,
shareholders, related parties, purchaser and companies.
IV. Securities Investment
□ Applicable √ Not applicable
No security investment in Period.
V. Trust financing
√Applicable □Not applicable
In 10 thousand Yuan
Type Capital sources Amount occurred Outstanding balance Overdue amount
Bank financial products Own funds 14,200 0 0
Total 14,200 0 0
Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed
□Applicable √Not applicable
Entrust financial expected to be unable to recover the principal or impairment might be occurred
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
□ Applicable √ Not applicable
VI. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the 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. External security against the rules
□ Applicable √ Not applicable
The Company has no external security against the rules in the Period.
IX. Controlling shareholders' and its related party's non-business capital occupying of the listed
company
□ Applicable √ Not applicable
There are no controlling shareholders' and its related party's non-business capital occupying of the listed company.
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen Tellus Holding Co., Ltd.
In RMB
Items 2020-3-31 2019-12-31
Current assets:
Monetary fund 478,785,601.18 428,851,606.04
Settlement provisions
Capital lent
Tradable financial assets 60,486,575.34
Derivative financial assets
Note receivable
Account receivable 107,271,730.72 112,613,224.27
Receivable financing
Accounts paid in advance 17,685,595.85 12,683,603.89
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 46,609,597.41 44,908,546.40
Including: Interest receivable
Dividend receivable 39,647,732.42 39,647,732.42
Buying back the sale of financial
assets
Inventories 12,521,824.74 21,389,602.83
Contractual assets
Assets held for sale
Non-current asset due within one
year
Other current assets 2,826,770.92 3,403,969.23
Total current assets 665,701,120.82 684,337,128.00
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable
Long-term equity investment 163,501,195.48 162,178,544.05
Investment in other equity
10,176,617.20 10,176,617.20
instrument
Other non-current financial assets
Investment real estate 550,048,907.05 554,599,503.55
Fixed assets 105,127,289.77 107,119,796.59
Construction in progress 60,444,542.50 47,654,393.55
Productive biological asset
Oil and gas asset
Right-of-use assets
Intangible assets 50,506,505.70 50,561,225.67
Expense on Research and
Development
Goodwill
Long-term expenses to be
13,418,244.09 13,606,805.49
apportioned
Deferred income tax asset 8,658,962.39 8,658,962.39
Other non-current asset 8,320,777.86 6,889,167.54
Total non-current asset 970,203,042.04 961,445,016.03
Total assets 1,635,904,162.86 1,645,782,144.03
Current liabilities:
Short-term loans
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable
Account payable 67,544,912.74 69,087,430.42
Accounts received in advance 16,726,304.72 27,299,822.71
Contractual liability
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Selling financial asset of
repurchase
Absorbing deposit and interbank
deposit
Security trading of agency
Security sales of agency
Wage payable 29,671,481.61 31,204,794.89
Taxes payable 65,244,098.86 71,425,267.61
Other account payable 106,252,872.23 101,266,802.49
Including: Interest payable
Dividend payable
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities
Total current liabilities 285,439,670.16 300,284,118.12
Non-current liabilities:
Insurance contract reserve
Long-term loans
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable 3,920,160.36 3,920,160.36
Long-term wages payable
Accrual liability 2,225,468.76 2,225,468.76
Deferred income 139,400.00 139,400.00
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 6,285,029.12 6,285,029.12
Total liabilities 291,724,699.28 306,569,147.24
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Owner’s equity:
Share capital 431,058,320.00 431,058,320.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 431,449,554.51 431,449,554.51
Less: Inventory shares
Other comprehensive income 26,422.00 26,422.00
Reasonable reserve
Surplus public reserve 21,007,488.73 21,007,488.73
Provision of general risk
Retained profit 392,632,582.07 387,423,510.78
Total owner’ s equity attributable to
1,276,174,367.31 1,270,965,296.02
parent company
Minority interests 68,005,096.27 68,247,700.77
Total owner’ s equity 1,344,179,463.58 1,339,212,996.79
Total liabilities and owner’ s equity 1,635,904,162.86 1,645,782,144.03
Legal representative: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting organ: Liu Yuhong
2. Balance Sheet of Parent Company
In RMB
Item 2020-3-31 2019-12-31
Current assets:
Monetary funds 237,245,671.35 201,885,691.27
Trading financial assets 40,324,383.56
Derivative financial assets
Note receivable
Account receivable 732,509.91 206,710.76
Receivable financing
Accounts paid in advance 100,000.00 100,000.00
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Other account receivable 109,878,958.60 116,037,773.09
Including: Interest receivable
Dividend receivable 547,184.35 547,184.35
Inventories
Contractual assets
Assets held for sale
Non-current assets maturing within
one year
Other current assets 2,434,149.83 1,419,760.18
Total current assets 350,391,289.69 359,974,318.86
Non-current assets:
Debt investment
Other debt investment
Long-term receivables
Long-term equity investments 862,429,467.53 859,355,040.60
Investment in other equity
10,176,617.20 10,176,617.20
instrument
Other non-current financial assets
Investment real estate 38,890,368.83 39,616,602.02
Fixed assets 13,886,785.46 14,012,830.64
Construction in progress 46,797,315.61 35,321,704.26
Productive biological assets
Oil and natural gas assets
Right-of-use assets
Intangible assets 48,927,606.06 48,953,266.56
Research and development costs
Goodwill
Long-term deferred expenses 2,549,778.04 2,639,122.63
Deferred income tax assets 3,557,849.04 3,557,849.04
Other non-current assets 8,220,777.86 6,789,167.54
Total non-current assets 1,035,436,565.63 1,020,422,200.49
Total assets 1,385,827,855.32 1,380,396,519.35
Current liabilities
Short-term borrowings
Trading financial liability
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Derivative financial liability
Notes payable
Account payable 14,000.00 14,000.00
Accounts received in advance 550,150.53
Contractual liability
Wage payable 8,211,883.77 8,199,278.01
Taxes payable 54,286,791.25 54,684,929.01
Other accounts payable 261,745,286.13 257,260,350.77
Including: Interest payable
Dividend payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities
Total current liabilities 324,808,111.68 320,158,557.79
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable
Long term employee compensation
payable
Accrued liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 324,808,111.68 320,158,557.79
Owners’ equity:
Share capital 431,058,320.00 431,058,320.00
Other equity instrument
Including: preferred stock
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Perpetual capital
securities
Capital public reserve 428,256,131.23 428,256,131.23
Less: Inventory shares
Other comprehensive income
Special reserve
Surplus reserve 21,007,488.73 21,007,488.73
Retained profit 180,697,803.68 179,916,021.60
Total owner’s equity 1,061,019,743.64 1,060,237,961.56
Total liabilities and owner’s equity 1,385,827,855.32 1,380,396,519.35
3. Consolidated Profit Statement
In RMB
Item Current period Last period
I. Total operating income 85,520,408.64 119,469,426.49
Including: Operating income 85,520,408.64 119,469,426.49
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 84,581,694.95 107,944,394.60
Including: Operating cost 73,945,723.56 91,086,090.40
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of compensation
Net amount of withdrawal of insurance
contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Tax and extras 681,715.08 1,484,949.21
Sales expense 3,158,037.63 4,727,001.63
Administrative expense 7,511,708.98 8,234,636.69
R&D expense
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Financial expense -715,490.30 2,411,716.67
Including: Interest
35,299.72 2,757,204.73
expenses
Interest income 797,873.41 420,047.30
Add: other income 16,224.48
Investment income (Loss is
4,215,152.38 6,903,486.76
listed with “-”)
Including: Investment income
1,322,651.43 4,376,871.70
on affiliated company and joint venture
The termination of income
recognition for financial assets measured
by amortized cost(Loss is listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
Losses of devaluation of asset
(Loss is listed with “-”)
Income from assets disposal
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
5,170,090.55 18,428,518.65
“-”)
Add: Non-operating income 219,502.64 9,117.56
Less: Non-operating expense 2,000.73 833,300.00
IV. Total profit (Loss is listed with “-”) 5,387,592.46 17,604,336.21
Less: Income tax expense 421,125.67 676,399.30
V. Net profit (Net loss is listed with “-”) 4,966,466.79 16,927,936.91
(i) Classify by business continuity
1.continuous operating net profit
4,966,466.79 16,927,936.91
(net loss listed with ‘-”)
2.termination of net profit (net loss
listed with ‘-”)
(ii) Classify by ownership
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
1.Net profit attributable to owner’s
5,209,071.29 18,017,619.19
of parent company
2.Minority shareholders’ gains and
-242,604.50 -1,089,682.28
losses
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 of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(ii) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial assets
re-classify to other comprehensive
income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging reserve
6.Translation differences
arising on translation of foreign currency
financial statements
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深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
7.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 4,966,466.79 16,927,936.91
Total comprehensive income
5,209,071.29 18,017,619.19
attributable to owners of parent Company
Total comprehensive income
-242,604.50 -1,089,682.28
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0121 0.0606
(ii) Diluted earnings per share 0.0121 0.0606
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: Fu Chunlong
Person in charge of accounting works: Lou Hong
Person in charge of accounting organ: Liu Yuhong
4. Profit Statement of Parent Company
In RMB
Item Current period Last period
I. Operating income 3,257,928.46 8,555,059.13
Less: Operating cost 1,535,130.66 904,977.87
Taxes and surcharge 301,556.50 353,268.76
Sales expenses 401,762.69
Administration expenses 4,957,051.60 4,340,757.76
R&D expenses
Financial expenses -348,390.50 1,472,367.49
Including: interest
1,703,642.32
expenses
Interest income -351,551.46 -233,845.22
Add: other income
Investment income (Loss is
4,389,774.57 4,342,056.64
listed with “-”)
20
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Including: Investment income
3,074,426.93 3,009,212.79
on affiliated Company and joint venture
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Changing income of fair
value (Loss is listed with “-”)
Loss of credit impairment
(Loss is listed with “-”)
Losses of devaluation of asset
(Loss is listed with “-”)
Income on disposal of assets
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
800,592.08 5,825,743.89
“-”)
Add: Non-operating income -18,810.00 441.90
Less: Non-operating expense
III. Total Profit (Loss is listed with “-”) 781,782.08 5,826,185.79
Less: Income tax 9,735.55
IV. Net profit (Net loss is listed with
781,782.08 5,816,450.24
“-”)
(i)continuous operating net profit (net
781,782.08 5,816,450.24
loss listed with ‘-”)
(ii) termination of net profit (net
loss listed with ‘-”)
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 of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
21
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial
assets re-classify to other
comprehensive income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging
reserve
6.Translation differences
arising on translation of foreign
currency financial statements
7.Other
VI. Total comprehensive income 781,782.08 5,816,450.24
VII. Earnings per share:
(i) Basic earnings per share 0.0018 0.0196
(ii) Diluted earnings per share 0.0018 0.0196
5. Consolidated Cash Flow Statement
In RMB
Item Current period Last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 93,983,432.07 108,587,946.31
services
Net increase of customer deposit
22
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
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
Cash received from interest,
commission charge and commission
Net increase of capital borrowed
Net increase of returned business
capital
Net cash received by agents in sale
and purchase of securities
Write-back of tax received
Other cash received concerning
5,414,499.19 25,600,115.48
operating activities
Subtotal of cash inflow arising from
99,397,931.26 134,188,061.79
operating activities
Cash paid for purchasing
commodities and receiving labor 60,805,302.03 84,612,348.69
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
Net increase of capital lent
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 11,628,268.09 13,976,594.06
23
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Taxes paid 8,147,976.74 4,455,784.64
Other cash paid concerning
12,308,411.16 28,156,466.17
operating activities
Subtotal of cash outflow arising from
92,889,958.02 131,201,193.56
operating activities
Net cash flows arising from operating
6,507,973.24 2,986,868.23
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
616,750,000.00 385,750,000.00
investment
Cash received from investment
3,522,897.50 2,709,631.66
income
Net cash received from disposal of
fixed, intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
620,272,897.50 388,459,631.66
activities
Cash paid for purchasing fixed,
20,096,875.60 16,588,411.61
intangible and other long-term assets
Cash paid for investment 556,750,000.00 427,700,000.00
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
576,846,875.60 444,288,411.61
activities
Net cash flows arising from investing
43,426,021.90 -55,828,779.95
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
20,000,000.00
investment
24
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 58,000,000.00
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
78,000,000.00
activities
Cash paid for settling debts 87,934,887.55
Cash paid for dividend and profit
2,902,751.27
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
90,837,638.82
activities
Net cash flows arising from financing
-12,837,638.82
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
49,933,995.14 -65,679,550.54
equivalents
Add: Balance of cash and cash
400,668,257.81 142,848,120.69
equivalents at the period -begin
VI. Balance of cash and cash
450,602,252.95 77,168,570.15
equivalents at the period -end
6. Cash Flow Statement of Parent Company
In RMB
Item Current period Last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 575,269.00 3,079,519.00
services
25
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Write-back of tax received
Other cash received concerning
14,348,329.71 292,450.85
operating activities
Subtotal of cash inflow arising from
14,923,598.71 3,371,969.85
operating activities
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 4,574,896.73 3,994,426.10
Taxes paid 1,168,324.25 597,098.64
Other cash paid concerning
2,064,143.81 7,855,272.11
operating activities
Subtotal of cash outflow arising from
7,807,364.79 12,446,796.85
operating activities
Net cash flows arising from operating
7,116,233.92 -9,074,827.00
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
247,000,000.00 211,000,000.00
investment
Cash received from investment
1,738,115.07 1,512,350.70
income
Net cash received from disposal of
fixed, intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
248,738,115.07 212,512,350.70
activities
Cash paid for purchasing fixed,
13,494,368.91 3,396,472.63
intangible and other long-term assets
Cash paid for investment 207,000,000.00 223,000,000.00
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
26
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Subtotal of cash outflow from investing
220,494,368.91 226,396,472.63
activities
Net cash flows arising from investing
28,243,746.16 -13,884,121.93
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans 43,000,000.00
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
43,000,000.00
activities
Cash paid for settling debts 42,000,000.00
Cash paid for dividend and profit
1,936,452.73
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing
43,936,452.73
activities
Net cash flows arising from financing
-936,452.73
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
35,359,980.08 -23,895,401.66
equivalents
Add: Balance of cash and cash
173,702,343.04 88,836,626.14
equivalents at the period -begin
VI. Balance of cash and cash
209,062,323.12 64,941,224.48
equivalents at the period -end
II. Explanation on financial statement adjustment
1. Financial statement adjustment at the beginning of the first year when implementation of new revenue
rules and new leasing rules since 2020
√ Applicable □Not applicable
Consolidate balance sheet
In RMB
27
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Item 2019-12-31 2020-01-01 Adjustment amount
Current assets:
Monetary fund 428,851,606.04 428,851,606.04
Trading financial assets 60,486,575.34 60,486,575.34
Account receivable 112,613,224.27 112,613,224.27
Account paid in advance 12,683,603.89 12,683,603.89
Other account
44,908,546.40 44,908,546.40
receivable
Dividend
39,647,732.42 39,647,732.42
Receivable
Inventories 21,389,602.83 21,389,602.83
Other current assets 3,403,969.23 3,403,969.23
Total current assets 684,337,128.00 684,337,128.00
Non-current assets:
Long-term equity
162,178,544.05 162,178,544.05
investments
Other equity instruments
10,176,617.20 10,176,617.20
investments
Investment real estate 554,599,503.55 554,599,503.55
Fixed assets 107,119,796.59 107,119,796.59
Construction in progress 47,654,393.55 47,654,393.55
Intangible assets 50,561,225.67 50,561,225.67
Long-term deferred
13,606,805.49 13,606,805.49
expenses
Deferred income tax
8,658,962.39 8,658,962.39
assets
Other non-current assets 6,889,167.54 6,889,167.54
Total non-current assets 961,445,016.03 961,445,016.03
Total assets 1,645,782,144.03 1,645,782,144.03
Current liabilities
Account payable 69,087,430.42 69,087,430.42
Accounts received in
27,299,822.71 27,299,822.71
advance
Wage payable 31,204,794.89 31,204,794.89
Taxes payable 71,425,267.61 71,425,267.61
Other accounts payable 101,266,802.49 101,266,802.49
28
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Total current liabilities 300,284,118.12 300,284,118.12
Non-current liabilities:
Long-term account
3,920,160.36 3,920,160.36
payable
Expected liabilities 2,225,468.76 2,225,468.76
Deferred income 139,400.00 139,400.00
Total non-current liabilities 6,285,029.12 6,285,029.12
Total liabilities 306,569,147.24 306,569,147.24
Owners’ equity:
Share capital 431,058,320.00 431,058,320.00
Capital public reserve 431,449,554.51 431,449,554.51
Other comprehensive
26,422.00 26,422.00
income
Surplus public reserve 21,007,488.73 21,007,488.73
Retained profit 387,423,510.78 387,423,510.78
Total owner’s equity
attributable to parent 1,270,965,296.02 1,270,965,296.02
company
Minority interests 68,247,700.77 68,247,700.77
Total owner’s equity 1,339,212,996.79 1,339,212,996.79
Total liabilities and owner’s
1,645,782,144.03 1,645,782,144.03
equity
Statement of adjustment
On 5 July 2017, the Ministry of Finance issued the Notice on Revision and Issuance (Cai Kuai [2017]No.22) (hereinafter referred to
as New Revenue Standard), and required the listed companies in China shall be implemented since 1 Jan. 2020.
The Company has made disclosure of the accounting statements in accordance with the requirement of the New Revenue Standards
since 1 Jan. 2020, and there is no need to retroactively adjusted the numbers at the beginning of 2019 comparability. The change of
accounting policy will not affect the financial indicators of the Company for year of 2019.
Balance Sheet of Parent Company
In RMB
Item 2018-12-31 2019-1-1 Adjustment
Current assets:
Monetary fund 201,885,691.27 201,885,691.27
Trading financial assets 40,324,383.56 40,324,383.56
Account receivable 206,710.76 206,710.76
Account paid in advance 100,000.00 100,000.00
29
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Other account
116,037,773.09 116,037,773.09
receivable
Dividend
547,184.35 547,184.35
Receivable
Other current assets 1,419,760.18 1,419,760.18
Total current assets 359,974,318.86 359,974,318.86
Non-current assets:
Long-term equity
859,355,040.60 859,355,040.60
investments
Other equity instruments
10,176,617.20 10,176,617.20
investments
Investment real estate 39,616,602.02 39,616,602.02
Fixed assets 14,012,830.64 14,012,830.64
Construction in progress 35,321,704.26 35,321,704.26
Intangible assets 48,953,266.56 48,953,266.56
Long-term deferred
2,639,122.63 2,639,122.63
expenses
Deferred income tax
3,557,849.04 3,557,849.04
assets
Other non-current assets 6,789,167.54 6,789,167.54
Total non-current assets 1,020,422,200.49 1,020,422,200.49
Total assets 1,380,396,519.35 1,380,396,519.35
Current liabilities
Account payable 14,000.00 14,000.00
Wage payable 8,199,278.01 8,199,278.01
Taxes payable 54,684,929.01 54,684,929.01
Other accounts payable 257,260,350.77 257,260,350.77
Total current liabilities 320,158,557.79 320,158,557.79
Non-current liabilities:
Total liabilities 320,158,557.79 320,158,557.79
Owners’ equity:
Share capital 431,058,320.00 431,058,320.00
Capital public reserve 428,256,131.23 428,256,131.23
Surplus public reserve 21,007,488.73 21,007,488.73
Retained profit 179,916,021.60 179,916,021.60
Total owner’s equity 1,060,237,961.56 1,060,237,961.56
30
深圳市特力(集团)股份有限公司 2020 年第一季度报告全文
Total liabilities and owner’s
1,380,396,519.35 1,380,396,519.35
equity
Statement of adjustment
On 5 July 2017, the Ministry of Finance issued the Notice on Revision and Issuance (Cai Kuai [2017]No.22) (hereinafter referred to
as New Revenue Standard), and required the listed companies in China shall be implemented since 1 Jan. 2020.
The Company has made disclosure of the accounting statements in accordance with the requirement of the New Revenue Standards
since 1 Jan. 2020, and there is no need to retroactively adjusted the numbers at the beginning of 2019 comparability. The change of
accounting policy will not affect the financial indicators of the Company for year of 2019.
2. Retrospective adjustment of the comparative data for initial implementation of new revenue rules and new
leasing rules from 2020
√ Applicable □Not applicable
On 5 July 2017, the Ministry of Finance issued the Notice on Revision and Issuance (Cai Kuai [2017]No.22) (hereinafter referred to
as New Revenue Standard), and required the listed companies in China shall be implemented since 1 Jan. 2020.
The Company has made disclosure of the accounting statements in accordance with the requirement of the New Revenue Standards
since 1 Jan. 2020, and there is no need to retroactively adjusted the numbers in 2019 comparability. The change of accounting policy
will not affect the financial indicators of the Company for year of 2019.
III. Audit report
Whether the 1st quarterly report has been audited or not
□Yes √ No
1Q report of the Company is unaudited.
31
