FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Stock Code: 000026 200026 Short Form of the Stock: FIYTA A, FIYTA B Announcement No: 2018-024
FIYTA HOLDINGS LTD.
2018 Third Quarterly Report, Summary
FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby
individually and collectively accept responsibility for the correctness, accuracy and completeness of the
contents of this report and confirm that there are neither material omissions nor errors which would render any
statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Huang Yongfeng, the Company leader, Chen Zhuo, chief financial officer, and Tian Hui, the manager of the
accounting department (treasurer) hereby confirm the authenticity and completeness of the financial report
enclosed in this Quarterly Report.
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Section 2 Company Profile
I. Summary of Accounting/Financial Data
Does the Company need to make retroactive adjustment or restatement of the accounting data of the previous years?
No
Increase/decrease at the end of
End of the reporting period End of the previous year the year over the end of the
previous year
Total assets (in CNY) 3,617,355,221.85 3,579,789,692.90 1.05%
Net profit attributable to the Company’s
2,551,130,509.85 2,467,967,361.20 3.37%
shareholders, in CNY
Increase/decrease from
the year beginning to the
Year-on-year From the year beginning
end of the reporting
Reporting period increase/decrease in the to the end of the
period over the same
reporting period reporting period
period of the previous
year
Revenue in CNY 868,796,654.10 -0.84% 2,564,688,086.82 3.60%
Net profit attributable to the Company’s
50,293,172.83 0.91% 162,661,094.27 19.12%
shareholders, in CNY
Net profit attributable to the Company’s
shareholders less the non-recurring 48,421,717.54 -2.09% 148,181,088.71 9.44%
items, in CNY
Net cash flows arising from operating
-- -- 290,588,474.72 -20.02%
activities, in CNY
Basic earning per share (CNY/share) 0.1146 0.88% 0.3707 19.12%
Diluted earning per share (CNY/share) 0.1146 0.88% 0.3707 19.12%
Return on equity, weighted average 2.09% 4.05% 6.55% 15.59%
Non-recurring gain/loss items and the amount involved
In CNY
Amount from the year beginning
Items Notes
to the end of the reporting period
Gain/loss from disposal of non-current assets, including the part offset
-66,731.60
from the provision for impairment of assets.
Government subsidy credited to the current gain and loss (except the
government subsidies closely related with the Company’s business and 8,857,885.99
enjoyable according to the unified standard quota or fixed amount
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
specified by the central government).
Reversal of the provision for impairment of accounts receivable which Recovery of the account receivable
7,533,121.86
underwent separate impairment testing written off in the previous year
Other various non-operating revenue and expenditure with the aforesaid
-296.65
items exclusive
Less: Amount affected by the income tax 1,843,974.04
Total 14,480,005.56 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information
Disclosure for Companies Offering their Securities to the Public – Non-recurring Gains and Losses and its non-recurring
gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering
their Securities to the Public – Non-recurring Gains and Losses which have been defined as recurring gains and losses, it
is necessary to explain the reason.
Inapplicable
II. Statement of total shareholders and shares held by the top 10 shareholders by the end of the reporting period
1. Statement of total ordinary shareholders and the preferred shareholders with their voting power recovered and the
shares held by the top 10 shareholders
In shares
Total preferred shareholders with
Total common shareholders at the end of their voting power recovered at
32,369 0
the reporting period the end of the reporting period (if
any)
Shareholding by top 10 shareholders
Number of the Pledging or freezing
Names of the Nature of the Shareholding Shareholding
restricted shares Status of the
Shareholders shareholder proportion quantity Quantity
held shares
AVIC International
State corporate 37.15% 162,977,327 0
Holding Limited
Domestic natural
Wan Zhongbo 2.62% 11,485,227 0
person
National Social Domestic
Security Fund 114 non-state-owned 2.20% 9,657,744 0
Portfolio corporate
Domestic natural
#Yang Zugui 2.17% 9,500,969 0
person
Chongqing
Domestic
International Trust
non-state-owned 1.39% 6,120,391 0
Co., Ltd. -
corporate
RONGXINTONG
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Series Unitrust
No.10
Chongqing
Domestic
International Trust
non-state-owned 1.36% 5,982,200 0
Co., Ltd. - YUXIN
corporate
Trust No.2
Xizang Investment
State corporate 1.13% 4,976,551 0
Co., Ltd.
MANULIFE TEDA
Fund－ Minsheng
Bank－MANULIFE
TEDA Value Domestic
Growth Oriented non-state-owned 1.12% 4,893,559 0
Additional Issue corporate
No. 351 Assets
Management
Program
Industrial and
Commercial Bank
of China Co., Ltd. -
FUGUO TIANHUI Domestic
Selected Growth non-state-owned 0.95% 4,177,282 0
Growth Mixed corporate
Securities
Investment Fund
(LOF)
Shenzhen Heli
Domestic
Fengyuan
non-state-owned 0.75% 3,300,000 0
Commerce & Trade
corporate
Co., Ltd.
Shares held by top 10 shareholders of unrestricted shares
Share type
Names of the Shareholders Quantity of unrestricted shares held
Share type Quantity
CNY ordinary
AVIC International Holding Limited 162,977,327 162,977,327
shares
CNY ordinary
Wan Zhongbo 11,485,227 11,485,227
shares
National Social Security Fund 114 CNY ordinary
9,657,744 9,657,744
Portfolio shares
CNY ordinary
#Yang Zugui 9,500,969 9,500,969
shares
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Chongqing International Trust Co., Ltd. - CNY ordinary
6,120,391 6,120,391
RONGXINTONG Series Unitrust No.10 shares
Chongqing International Trust Co., Ltd. - CNY ordinary
5,982,200 5,982,200
YUXIN Trust No.2 shares
CNY ordinary
Xizang Investment Co., Ltd. 4,976,551 4,976,551
shares
MANULIFE TEDA Fund－ Minsheng
Bank－MANULIFE TEDA Value Growth CNY ordinary
4,893,559 4,893,559
Oriented Additional Issue No. 351 Assets shares
Management Program
Industrial and Commercial Bank of
China Co., Ltd. - FUGUO TIANHUI CNY ordinary
4,177,282 4,177,282
Selected Growth Growth Mixed shares
Securities Investment Fund (LOF)
Shenzhen Heli Fengyuan Commerce & CNY ordinary
3,300,000 3,300,000
Trade Co., Ltd. shares
Of the top 10 shareholders, both Chongqing International Trust Co., Ltd. - Rongxintong Serial Order -
Explanation on associated relationship
No. 10 Trust and Chongqing International Trust Co., Ltd. - YUXINTrust No. 2 are subsidiaries of
or consistent action of the above
Chongqing International Trust Co., Ltd. Both of them are holding 12,102,591 shares in total in the
shareholders
Company, which takes 2.76% of the Company's total shares.
Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual
repurchase during the reporting period?
No
2. Total preferred shareholders and the shares held by the top 10 preferred shareholders
Inapplicable
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Section 3 Significant Events
I. Changes of the major financial data and financial indicators during the reporting period and the causes
(I) Balance sheet items
Opening Proportion of
Items Ending balance Cause of the movement
balance changes
Notes receivable and Mainly due to increase of the accounts receivable
447,658,811.44 335,948,508.62 33.25%
accounts receivable for goods at the end of the reporting period
Mainly due to increase of the cash deposit and
Other receivables 45,889,700.23 34,990,539.09 31.15% expense payment to be cleared at the end of the
reporting period.
Mainly due to increase of the accrued expenses at
Other payables 90,821,473.07 59,232,265.75 53.33%
the end of the reporting period
Other comprehensive income -3,272,411.80 -11,523,442.39 71.60% Mainly due to movement of the translation reserve
(II) Items of the profit statement in the reporting period
Amount incurred Amount
Proportion of
Items in the reporting incurred in the Cause of the movement
changes
period previous period
It was mainly due to decrease of the bank loans
Financial expenses - interest
6,789,639.39 10,290,602.12 -34.02% over the same period of the previous year during
expenses
the reporting period
It was due to decrease of the provision for bad debt
Loss from impairment of and provision for price falling of inventories over the
268,853.55 8,416,056.39 -96.81%
assets same period of the previous year in the reporting
period.
It was due to increase of the government subsidies
Other income 2,360,867.19 936,793.49 152.02%
received in the reporting period
Net of other comprehensive
9,644,276.18 -5,344,611.15 280.45% Mainly due to movement of the translation reserve
income after tax
(III) Items of the profit statement from the year beginning to the end of the reporting period
Amount incurred Amount incurred
Proportion of
Items in the reporting in the previous Cause of the movement
changes
period period
It was mainly due to decrease of the bank loans
Financial expenses - interest
21,062,682.52 33,537,532.63 -37.20% over the same period of the previous year during
expenses
the reporting period
It was due to decrease of the provision for bad debt
Loss from impairment of assets -3,144,146.56 21,199,745.69 -114.83%
and provision for price falling of inventories over the
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
same period of the previous year in the reporting
period.
It was due to increase of the government subsidies
Other income 8,857,885.99 2,414,836.49 266.81%
received in the reporting period
Net of other comprehensive
8,251,321.19 1,741,879.37 373.70% Mainly due to movement of the translation reserve
income after tax
(IV) Items of the cash flow statement from the year beginning to the end of the reporting period
Amount incurred Amount incurred
Proportion of
Items in the reporting in the previous Cause of the movement
changes
period period
It was due to increase of the export rebates
Rebated taxes received 4,010,283.82 863,877.72 364.22%
received in the reporting period
Other business activity related
It was mainly due to the government subsidies
receipts 34,995,312.97 24,629,308.80 42.09%
received in the reporting period
Relevant cash
It was due to increase of the dividend distributed in
Cash paid for dividend/profit the current year over the previous year and at the
distribution or repayment of 110,277,877.06 76,460,575.01 44.23% same time decrease of the interest paid for the
interest bank loan over the same period of the previous
year.
Cash flows arising from It was mainly due to decrease of the bank loans
fund-raising activities -191,101,925.83 -422,748,445.73 54.80% over the same period of the previous year during
Net cash flow the reporting period
It was mainly due to decrease of the bank loans
Net cash and cash equivalents
11,243,794.77 -145,502,390.65 107.73% over the same period of the previous year during
Amount increased
the reporting period
II. Progress of significant events, their effects and analysis on the solutions
Inapplicable
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
Section 3 Significant Events
I. Changes of the major financial data and financial indicators during the reporting
period and the causes
(I) Balance sheet items
Ending Opening Proportion
Items Cause of the movement
balance balance of changes
Mainly due to increase of the accounts
Notes receivable and
447,658,811.44 335,948,508.62 33.25% receivable for goods at the end of the
accounts receivable
reporting period
Mainly due to increase of the cash deposit
Other receivables 45,889,700.23 34,990,539.09 31.15% and expense payment to be cleared at the
end of the reporting period.
Mainly due to increase of the accrued
Other payables 90,821,473.07 59,232,265.75 53.33% expenses at the end of the reporting
period
Other comprehensive Mainly due to movement of the translation
-3,272,411.80 -11,523,442.39 71.60%
income reserve
(II) Items of the profit statement in the reporting period
Amount Amount
incurred in the incurred in the Proportion
Items Cause of the movement
reporting previous of changes
period period
It was mainly due to decrease of the bank
Financial expenses -
6,789,639.39 10,290,602.12 -34.02% loans over the same period of the previous
interest expenses
year during the reporting period
It was due to decrease of the provision for
Loss from impairment of bad debt and provision for price falling of
268,853.55 8,416,056.39 -96.81%
assets inventories over the same period of the
previous year in the reporting period.
It was due to increase of the government
Other income 2,360,867.19 936,793.49 152.02%
subsidies received in the reporting period
Net of other
Mainly due to movement of the translation
comprehensive income 9,644,276.18 -5,344,611.15 280.45%
reserve
after tax
(III) Items of the profit statement from the year beginning to the end of the reporting period
Amount Amount Proportion
Items Cause of the movement
incurred in the incurred in the of changes
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
reporting previous
period period
It was mainly due to decrease of the bank
Financial expenses -
21,062,682.52 33,537,532.63 -37.20% loans over the same period of the previous
interest expenses
year during the reporting period
It was due to decrease of the provision for
Loss from impairment of bad debt and provision for price falling of
-3,144,146.56 21,199,745.69 -114.83%
assets inventories over the same period of the
previous year in the reporting period.
It was due to increase of the government
Other income 8,857,885.99 2,414,836.49 266.81%
subsidies received in the reporting period
Net of other
Mainly due to movement of the translation
comprehensive income 8,251,321.19 1,741,879.37 373.70%
reserve
after tax
(IV) Items of the cash flow statement from the year beginning to the end of the reporting period
Amount Amount
Proportion
Items incurred in the incurred in the Cause of the movement
of changes
reporting period previous period
Increase of the export rebates received
Rebated taxes received 4,010,283.82 863,877.72 364.22%
in the reporting period
Other business activity It was mainly due to the government
related receipts 34,995,312.97 24,629,308.80 42.09% subsidies received in the reporting
Relevant cash period
It was due to increase of the dividend
Cash paid for distributed in the current year over the
dividend/profit previous year and at the same time
110,277,877.06 76,460,575.01 44.23%
distribution or repayment decrease of the interest paid for the
of interest bank loan over the same period of the
previous year.
It was mainly due to decrease of the
Cash flows arising from
bank loans over the same period of the
fund raising activities -191,101,925.83 -422,748,445.73 54.80%
previous year during the reporting
Net cash flow
period
It was mainly due to decrease of the
Net cash and cash
bank loans over the same period of the
equivalents 11,243,794.77 -145,502,390.65 107.73%
previous year during the reporting
Amount increased
period
II. Progress of significant events, their effects and analysis on the solutions
Inapplicable
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FIYTA HOLDINGS LTD. 2018 Third Quarterly Report, Summary
III. Commitments unfinished in implementation by the Company's actual controller,
shareholders, related parties, acquirer and the Company, etc. in the reporting period
Inapplicable
IV. Prediction of the Performances in Year 2018
Inapplicable
V. Portfolio investment
Inapplicable
VI. Entrusted financial management
Inapplicable
VII. Investment in derivatives
Inapplicable
VIII. Registration of the activities of reception of investigators, communications,
interviews, etc. during the reporting period
Inapplicable
IX. Outward guarantee against regulations
Inapplicable
X. The Company's funds occupied by its controlling shareholder or/and related
parties for non-operating purpose
Inapplicable
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