深圳南山热电股份有限公司 2019 年第三季度报告全文
深圳南山热电股份有限公司
Shenzhen Nanshan Power Co., Ltd.
The Third Quarterly Report for 2019
2019-055
October 2019
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Shenzhen Nanshan Power 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 attended the Board Meeting for Quarterly Report deliberation.
Chairman Li Xinwei, person in charge of the Company, Director GM Chen
Yuhui, person in charge of accounting works and CFO Dai Xiji as well as
Deputy Manager Wang Yi (act for the financial management dept.), person in
charge of accounting organ (accounting officer) hereby confirm that the
Financial Report of this Quarterly Report is authentic, accurate and complete.
Concerning the forward-looking statements with future planning involved in the
Semi-Report, they do not constitute a substantial commitment for investors.
Investors are advised to exercise caution of investment risks.
The Company has no plans of cash dividend distributed, no bonus shares and
has no share converted from capital reserve either.
The report has been prepared in both Chinese and English, for any
discrepancies, the Chinese version shall prevail. Please read the full report
seriously.
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Paraphrase
Items Refers to Definition
Company, the Company, Shen Nan Dian, listed
Refers to Shenzhen Nanshan Power Co., Ltd.
Company
Shen Nan Dian Dongguan Co Refers to Shen Nan Dian (Dongguan) Weimei Electric Power Co., Ltd
Nanshan Power Factory Refers to Nanshan Power Factory of Shenzhen Nanshan Power Co., Ltd.
Articles of association Refers to Article of Association of Shenzhen Nanshan Power Co., Ltd.
RMB: Yuan, ten thousand Yuan, 100 million Except the special description of the monetary unit, the rest of the
Refers to
Yuan monetary unit is RMB Yuan, ten thousand Yuan
The reporting period Refers to Jul. 1, 2019 to Sept. 30, 2019
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Section II Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Current period-end Period-end of last year Increase/decrease
Total assets (RMB) 3,376,037,319.78 3,307,148,289.92 2.08%
Net assets attributable to
shareholders of listed company 1,986,395,333.79 1,977,871,851.51 0.43%
(RMB)
Increase/decrease in
Increase/decrease in
From year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 408,965,405.06 -24.28% 817,090,021.44 -49.56%
Net profit attributable to
shareholders of the listed company 33,806,673.10 371.94% 8,523,482.28 -77.07%
(RMB)
Net profit attributable to
shareholders of the listed company
32,161,272.48 463.61% 4,054,761.65 -88.28%
after deducting non-recurring gains
and losses (RMB)
Net cash flow arising from
-- -- 83,562,330.43 -54.18%
operating activities (RMB)
Basic earnings per share
0.06 500.00% 0.01 -83.33%
(RMB/Share)
Diluted earnings per share
0.06 500.00% 0.01 -83.33%
(RMB/Share)
Weighted average ROE 1.72% 377.78% 0.43% -77.13%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the
-401,997.12 Abandonment loss of fixed assets
write-off that accrued for impairment of assets)
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to Government grants are amortized
4,814,245.06
national standards, which are closely relevant to enterprise’s with assets concerned
business)
Other non-operating income and expenditure except for the
99,267.48
aforementioned items
Less: impact on income tax 58,566.03
Impact on minority shareholders’ equity (post-tax) -15,771.24
Total 4,468,720.63 --
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. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
Total preferred stockholders
Total common shareholders at the with voting rights recover at
25,172 0
end of report period the end of report period (if
applicable)
Top ten share-holding
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
HONG KONG
NAM HOI
Foreign corporate 15.28% 92,123,248
(INTERNATION
AL) LTD.
Shenzhen
Guangju State-owned
12.22% 73,666,824
Industrial Co., corporate
Ltd.
SHENZHEN State-owned 10.80% 65,106,130
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深圳南山热电股份有限公司 2019 年第三季度报告全文
ENERGY corporate
(GROUP) CO.,
LTD.
Gaohua－HSBC
－GOLDMAN,
Foreign corporate 2.13% 12,839,723
SACHS &
CO.LLC
BOCI
SECURITIES Foreign corporate 1.78% 10,723,049
LIMITED
Domestic nature
Liu Fang 1.48% 8,921,888
person
State-owned
CMS (HK) 1.40% 8,442,728
corporate
Domestic nature
Zeng Ying 1.26% 7,602,400
person
Mei Yi Domestic
Investment non-state-owned 0.86% 5,207,600
Property Co., Ltd. legal person
LI SHERYN Overseas nature
0.79% 4,790,390
ZHAN MING person
Particular about top ten shareholders with un-restrict shares held
Amount of unrestricted shares held at reporting Type of shares
Shareholders’ name
period-end Type Amount
Domestically
HONG KONG NAM HOI
92,123,248 listed foreign 92,123,248
(INTERNATIONAL) LTD.
shares
Shenzhen Guangju Industrial Co., RMB ordinary
73,666,824 73,666,824
Ltd. shares
SHENZHEN ENERGY (GROUP) RMB ordinary
65,106,130 65,106,130
CO., LTD. shares
Gaohua－HSBC－GOLDMAN, RMB ordinary
12,839,723 12,839,723
SACHS & CO.LLC shares
Domestically
BOCI SECURITIES LIMITED 10,723,049 listed foreign 10,723,049
shares
RMB ordinary
5,861,088
Liu Fang 8,921,888 shares
Domestically 3,060,800
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深圳南山热电股份有限公司 2019 年第三季度报告全文
listed foreign
shares
Domestically
CMS (HK) 8,442,728 listed foreign 8,442,728
shares
Domestically
Zeng Ying 7,602,400 listed foreign 7,602,400
shares
Mei Yi Investment Property Co., RMB ordinary
5,207,600 5,207,600
Ltd. shares
Domestically
LI SHERYN ZHAN MING 4,790,390 listed foreign 4,790,390
shares
1. Shenzhen Energy (Group) Co., Ltd. holds 100% equities of HONG KONG NAM HOI
Explanation on associated
(INTERNATIONAL) LTD indirectly; 2. Among other social public shareholders, the
relationship among the top ten
Company did not know whether there were associated relationships or belonging to consistent
shareholders or consistent action
actors.
Explanation on top ten common
Among the top ten shareholders, Ms. Liu Fang holds 3,346,188 shares through credit
shareholders involving margin
transaction guarantee securities account
business (if applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□Yes √No
Top ten common shareholders or top ten common shareholders with un-restrict shares not held have a buy-back agreement dealing in
reporting period
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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深圳南山热电股份有限公司 2019 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
1. Closing number of accounts receivable counted as 198.9568 million Yuan, increased 50.24% over that of year-beginning, mainly
because the account receivable for electricity and engineering increased;
2. Closing number of account paid in advance counted as 74.2613 million Yuan, increased 38.40% over that of year-beginning,
mainly because the account paid in advance for natural gas increased;
3. Closing number of construction in process counted as 61.4591 million Yuan, decreased 25.37% over that of year-beginning,
mainly because the construction in process transfer to fixed assets;
4. Closing number of accounts payable counted as 33.9624 million Yuan, increased 87.99% over that of year-beginning, mainly
because the account payable for natural gas increased;
5. Closing number of wages payable counted as 39.5980 million Yuan, decreased 11.83% over that of year-beginning, mainly
because the wages payable for employees declined;
6. Operation revenue counted as 817.09 million Yuan in the Period, decreased 49.56% on a y-o-y basis, mainly because the revenue
from electricity sales declined;
7. Operation cost counted as 721.3131 million Yuan in the Period, decreased 50.97% on a y-o-y basis, mainly because the volume of
power generation declined, than the costs declined correspondingly;
8. Taxes and surcharge counted as 4.6025 million Yuan in the Period, decreased 41.34% on a y-o-y basis, mainly because the VAT
surcharges declined;
9. Sales expenses counted as 4.4944 million Yuan in the Period, increased 59.95% on a y-o-y basis, mainly because the
transportation charge for sludge treatment increased;
10. Financial expenses counted as 16.9741 million Yuan in the Period, decreased 44.97% on a y-o-y basis, mainly because average
financing rate declined;
11. Non-operation revenue counted as 0.1454 million Yuan in the Period, increased 1723.10% on a y-o-y basis, mainly because
revenue from waste and aged materials disposal increased;
12. Non-operation expenditure counted as 0.0461 million Yuan in the Period, decreased 94.98%% on a y-o-y basis, mainly because
loss on non-current assets declined;
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深圳南山热电股份有限公司 2019 年第三季度报告全文
13. Net cash flow from operation activities counted as 83.5623 million Yuan in the Period, decreased 54.18% on a y-o-y basis in net
inflow, mainly because revenue from electricity fee declined;
14. Net cash flow from investment activities counted as (48.0896) million Yuan in the Period, decreased 58.26% on a y-o-y basis in
net out-flow, mainly because the expenditure from technology reform declined and purchase of fixed assets decreased;
15. Net cash flow from financing activities counted as 12.0844 million Yuan in the Period, decreased 95.82% on a y-o-y basis,
mainly because net financing amount declined.
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable □ Not applicable
1. T102-0011, T102-0155 land related matters. During the reporting period, the Announcement of Shenzhen Municipal Bureau of
Planning and Natural Resources Issued a Notice on Shenzhen’s 2019 Urban Renewal and Land Reconditioning Plan was released on
the website of Shenzhen Government Online. In accordance with the Shenzhen’s 2019 Urban Renewal and Land Reconditioning
Plan and relevant contents of attached table, as the ;and reconditioning plan of Qianhai cooperation zone for year of 2019, the lands
owned by Nanshan Power Plant of the Company are included in the reconditioning plan (found more in the Notice of Shenzhen’s
2019 Urban Renewal and Land Reconditioning Plan issued by Shenzhen Municipal Bureau of Planning and Natural Resources
(Notice No.: 2019-041) released on China Securities Journal, Securities Times, Hong Kong Commercial Daily and Juchao Website).
Upon learning of the above, the Company submitted the “Application of revised the land planning for lands of Nanshan Power Plant”
to Shenzhen Qianhai Administration Bureau and relevant government authority immediately, and put forward the principle of
win-win cooperation based on respect for history again. Learn from the experience of other blocks in Qianhai Area, change the land
planning of Nanshan Power Plant’s lands, and protect the legitimate rights and interest of the shareholders in a better way. Hereafter,
the Company received a “Reply from Shenzhen Qianhai Administration Bureau on Relevant Matters with Land Planning Concerned
of Nanshan Power Plant” (hereinafter referred to as Reply), and made a reply to plannings and land storage matters correspondingly.
As for the requirement on changing the planning, the Reply said: “According to the Comprehensive Planning of China (Guangdong)
Pilot Free Trade Zone Shenzhen Qianhai Shekou Area and Surrounding Areas of Da Nanshan and Xiao Nanshan” (hereinafter
referred to as Qianhai Shekou Free Trade Comprehensive Planning), the lands of Nanshan Power Plant was planning for public
facilities, public open space and roads; the plan calls for speeding up the relocation of Nanshan Power Plant. During the period of
the public for Qianhai Shekou Free Trade Comprehensive Planning (Draft), we have received the opinions from your Company and
research and handling the opinions according to procedures, the Plan clearly pointed out that the lands of Nanshan Power Plant will
implement in line with the purpose of public facilities, public open space and roads”. The Company, will continues to follow the
relevant conditions closely under the participation and cooperation of legal counsel, make every efforts to protect the legitimate
rights and interest of the listed company and all shareholders.
2. Matters of public listing transfer of 70% equity of Shen Nan Dian Dongguan Company. On 30 July 2019, the Proposal of Public
Listing Transfer of 70% Equity of Shen Nan Dian (Dongguan) Weimei Power Co., Ltd was deliberated and approved by the 7 th
extraordinary meeting of 8th BOD, the 70% equity of Shen Nan Dian Dongguan Company, directly and indirectly held by the
Company, are agreed to transfer with valuation of 83.2992 million Yuan by public listing. In the spirit of the BOD’s resolution, on 4
September 2019, the Company listed the 70% equity of Shen Nan Dian Dongguan Co publicly on Shenzhen United Property
Exchange with 20 working days for listing. During the period of listing, Shenzhen Gas Corporation Ltd propose the cooperation
intention, and hopes to carry out strategy cooperation in aspect of natural gas resources with Shen Nan Dian Dongguan Company.
After careful consideration, in line with the purpose of maximizing the interest of listed companies, on 15 September, the Proposal to
Suspend the Public Listing Transfer of 70% Equity of Shen Nan Dian (Dongguan) Weimei Power Co., Ltd was deliberated and
approved by 8th extraordinary meeting of 8th BOD, the Company are agreed to suspend the 70% equity transfer on public listing, and
restart relevant equity transfer matters when appropriate in line with the follow-up business status and relevant information. (found
more in the Proposal of Public Listing Transfer of 70% Equity of Shen Nan Dian (Dongguan) Weimei Power Co., Ltd and the
Proposal to Suspend the Public Listing Transfer of 70% Equity of Shen Nan Dian (Dongguan) Weimei Power Co., Ltd (Notice No.:
2019-040, 2019-051) released on China Securities Journal, Securities Times, Hong Kong Commercial Daily and Juchao Website).
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深圳南山热电股份有限公司 2019 年第三季度报告全文
In addition to the above matters, the refund collection works of “Project Technical Reform Benefit Fund” and the Xinjiang Aid
Project of Guangdong Province participated in 2013 is have no further progress in the reporting period
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 that the company, shareholders, actual controller, offeror, directors,
supervisors, senior management or other related parties have fulfilled during the reporting
period and have not yet fulfilled by the end of reporting period
□ Applicable √ Not applicable
There are no commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or
other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
V. Trust financing
□ Applicable √ Not applicable
The Company had no trust financing in Period.
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
Contents discussed and material
Time Way Type
provided
July – Sept. 2019 Field research Person (8) Inquiry of register of shareholders
Question Reply on Relevant matters of Shen Nan Dian
July – Sept. 2019 Person (14)
Interactive Easy Dongguan Company, number of
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深圳南山热电股份有限公司 2019 年第三季度报告全文
shareholders and reply on written
Relevant matters of Shen Nan Dian
Dongguan Company, relevant matters
July – Sept. 2019 Telephone communication Person (many times) with land concerned of Nanshan Power
Plant, oral reply and no materials
required
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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深圳南山热电股份有限公司 2019 年第三季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Nanshan Power Co., Ltd.
2019-09-30
In RMB
Item 2019-9-30 2018-12-31
Current assets:
Monetary funds 966,270,716.98 925,829,404.44
Settlement provisions
Capital lent
Tradable financial assets
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Note receivable
Account receivable 198,956,764.27 132,430,024.97
Receivable financing
Accounts paid in advance 74,261,261.70 53,655,777.12
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 40,560,871.01 40,133,297.74
Including: Interest receivable
Dividend receivable
Buying back the sale of financial
assets
Inventories 128,160,856.88 124,758,334.97
Contractual assets
Assets held for sale
Non-current asset due within one
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深圳南山热电股份有限公司 2019 年第三季度报告全文
year
Other current assets 359,692,339.86 390,108,844.11
Total current assets 1,767,902,810.70 1,666,915,683.35
Non-current assets:
Loans and payments on behalf
Debt investment
Finance asset available for sales 60,615,000.00
Other debt investment
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 15,315,680.70 16,049,044.95
Investment in other equity
60,615,000.00
instrument
Other non-current financial assets
Investment real estate 2,450,361.40 2,606,302.71
Fixed assets 1,398,778,483.53 1,405,649,989.24
Construction in progress 61,459,066.22 82,348,008.39
Productive biological asset
Oil and gas asset
Right-of-use assets
Intangible assets 44,156,532.61 45,987,255.24
Expense on Research and
Development
Goodwill
Long-term expenses to be
405,878.58
apportioned
Deferred income tax asset 2,071,324.26 2,071,324.26
Other non-current asset 22,882,181.78 24,905,681.78
Total non-current asset 1,608,134,509.08 1,640,232,606.57
Total assets 3,376,037,319.78 3,307,148,289.92
Current liabilities:
Short-term loans 1,050,000,000.00 1,000,000,000.00
Loan from central bank
Capital borrowed
Tradable financial liability
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Note payable
Account payable 33,962,387.05 18,065,898.69
Accounts received in advance
Contractual liability
Selling financial asset of
repurchase
Absorbing deposit and inter-bank
deposit
Security trading of agency
Security sales of agency
Wage payable 39,597,990.34 44,912,599.66
Taxes payable 16,679,521.12 16,000,039.55
Other account payable 40,058,482.07 63,091,881.43
Including: Interest payable 1,351,291.78 1,608,290.72
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 1,180,298,380.58 1,142,070,419.33
Non-current liabilities:
Insurance contract reserve
Long-term loans 18,940,000.00 25,940,000.00
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Long-term wages payable
Accrual liability 26,726,032.38 26,726,232.38
Deferred income 110,095,287.27 75,612,259.33
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 155,761,319.65 128,278,491.71
Total liabilities 1,336,059,700.23 1,270,348,911.04
Owner’s equity:
Share capital 602,762,596.00 602,762,596.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 362,770,922.10 362,770,922.10
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 332,908,397.60 332,908,397.60
Provision of general risk
Retained profit 687,953,418.09 679,429,935.81
Total owner’ s equity attributable to
1,986,395,333.79 1,977,871,851.51
parent company
Minority interests 53,582,285.76 58,927,527.37
Total owner’ s equity 2,039,977,619.55 2,036,799,378.88
Total liabilities and owner’ s equity 3,376,037,319.78 3,307,148,289.92
Legal representative: Chairman Li Xinwei
Person in charge of accounting works: Director GM Chen Yuhui; CFO Dai Xiji
Person in charge of accounting institution: Deputy Manager Wang Yi (act for the financial management dept.)
2. Balance Sheet of Parent Company
In RMB
Item 2019-9-30 2018-12-31
Current assets:
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Monetary funds 825,082,819.51 766,041,463.01
Tradable financial assets
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Note receivable
Account receivable 40,656,456.44 50,415,180.20
Receivable financing
Accounts paid in advance 43,771,653.24 33,326,061.81
Other account receivable 859,022,440.80 1,048,357,217.53
Including: Interest receivable
Dividend receivable
Inventories 109,365,054.59 111,279,675.08
Contractual assets
Assets held for sale
Non-current assets maturing within
one year
Other current assets 353,079,249.88 362,678,678.87
Total current assets 2,230,977,674.46 2,372,098,276.50
Non-current assets:
Debt investment
Available-for-sale financial assets 60,615,000.00
Other debt investment
Held-to-maturity investments
Long-term receivables
Long-term equity investments 303,341,165.00 303,341,165.00
Investment in other equity
60,615,000.00
instrument
Other non-current financial assets
Investment real estate
Fixed assets 313,897,619.99 284,572,482.22
Construction in progress 721,533.41 16,490,240.75
Productive biological assets
Oil and natural gas assets
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深圳南山热电股份有限公司 2019 年第三季度报告全文
Right-of-use assets
Intangible assets 641,462.80 1,518,096.75
Research and development costs
Goodwill
Long-term deferred expenses
Deferred income tax assets
Other non-current assets
Total non-current assets 679,216,781.20 666,536,984.72
Total assets 2,910,194,455.66 3,038,635,261.22
Current liabilities:
Short-term borrowings 710,000,000.00 860,000,000.00
Tradable financial liability
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Account payable 685,069.10 5,349,562.56
Accounts received in advance
Contractual liability
Wage payable 20,954,379.14 26,953,632.92
Taxes payable 3,254,633.86 11,962,377.72
Other accounts payable 181,145,285.01 157,816,358.94
Including: Interest payable 856,708.33 1,368,932.93
Dividend payable
Liability held for sale
Non-current liabilities due within
one year
Other current liabilities
Total current liabilities 916,039,367.11 1,062,081,932.14
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
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深圳南山热电股份有限公司 2019 年第三季度报告全文
securities
Lease liability
Long-term account payable
Long term employee compensation
payable
Accrued liabilities
Deferred income 62,862,089.77 41,337,945.14
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 62,862,089.77 41,337,945.14
Total liabilities 978,901,456.88 1,103,419,877.28
Owners’ equity:
Share capital 602,762,596.00 602,762,596.00
Other equity instrument
Including: preferred stock
Perpetual capital
securities
Capital public reserve 289,963,039.70 289,963,039.70
Less: Inventory shares
Other comprehensive income
Special reserve
Surplus reserve 332,908,397.60 332,908,397.60
Retained profit 705,658,965.48 709,581,350.64
Total owner’s equity 1,931,292,998.78 1,935,215,383.94
Total liabilities and owner’s equity 2,910,194,455.66 3,038,635,261.22
3. Consolidated Profit Statement (this report period)
In RMB
Item Current Period Last Period
I. Total operating income 408,965,405.06 540,079,674.10
Including: Operating income 408,965,405.06 540,079,674.10
Interest income
Insurance gained
Commission charge and
commission income
18
深圳南山热电股份有限公司 2019 年第三季度报告全文
II. Total operating cost 374,801,431.84 532,319,916.09
Including: Operating cost 338,315,943.94 501,388,631.81
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 1,777,111.69 3,124,279.89
Sales expense 1,928,107.58 1,159,673.57
Administrative expense 26,445,470.32 18,099,285.61
R&D expense
Financial expense 6,334,798.31 8,548,045.21
Including: Interest
12,509,328.65 11,706,839.34
expenses
Interest income -6,033,355.10 -3,109,638.26
Add: other income 2,613,742.57 3,236,394.61
Investment income (Loss is
-55,811.88 -587,285.32
listed with “-”)
Including: Investment income
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 “-”)
19
深圳南山热电股份有限公司 2019 年第三季度报告全文
Income from assets disposal
15,929.20
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
36,737,833.11 10,408,867.30
“-”)
Add: Non-operating income 42,225.95 3,200.00
Less: Non-operating expense 60,699.90
IV. Total profit (Loss is listed with “-”) 36,780,059.06 10,351,367.40
Less: Income tax expense 532,314.75 5,738,478.65
V. Net profit (Net loss is listed with “-”) 36,247,744.31 4,612,888.75
(i) Classify by business continuity
1.continuous operating net profit
(net loss listed with ‘-”)
2.termination of net profit (net loss
listed with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
33,806,673.10 7,163,302.91
of parent company
2.Minority shareholders’ gains and
2,441,071.21 -2,550,414.16
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
20
深圳南山热电股份有限公司 2019 年第三季度报告全文
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.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial assets
re-classify to other comprehensive
income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging reserve
8.Translation differences
arising on translation of foreign currency
financial statements
9.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 36,247,744.31 4,612,888.75
Total comprehensive income
33,806,673.10 7,163,302.91
attributable to owners of parent Company
Total comprehensive income
2,441,071.21 -2,550,414.16
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.06 0.01
(ii) Diluted earnings per share 0.06 0.01
As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party before combination while 0
Yuan achieved last period
Legal representative: Chairman Li Xinwei
21
深圳南山热电股份有限公司 2019 年第三季度报告全文
Person in charge of accounting works: Director GM Chen Yuhui; CFO Dai Xiji
Person in charge of accounting institution: Deputy Manager Wang Yi (act for the financial management dept.)
4. Profit Statement of parent company (this report period)
In RMB
Item Current Period Last Period
I. Operating income 151,202,050.39 242,999,651.01
Less: Operating cost 134,616,600.81 224,777,354.74
Taxes and surcharge 627,926.08 698,179.44
Sales expenses
Administration expenses 13,065,142.90 6,758,774.44
R&D expenses
Financial expenses -6,523,976.71 -5,320,737.46
Including: interest
8,966,803.17 11,150,980.92
expenses
Interest income -15,618,109.23 -16,788,473.01
Add: other income 863,978.82 1,662,430.33
Investment income (Loss is
listed with “-”)
Including: Investment income
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
10,280,336.13 17,748,510.18
“-”)
22
深圳南山热电股份有限公司 2019 年第三季度报告全文
Add: Non-operating income 44,075.95 2,200.00
Less: Non-operating expense 88,000.00
III. Total Profit (Loss is listed with “-”) 10,324,412.08 17,662,710.18
Less: Income tax 4,415,677.54
IV. Net profit (Net loss is listed with
10,324,412.08 13,247,032.64
“-”)
(i)continuous operating net profit
(net 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
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.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial
assets re-classify to other
comprehensive income
23
深圳南山热电股份有限公司 2019 年第三季度报告全文
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging
reserve
8.Translation differences
arising on translation of foreign
currency financial statements
9.Other
VI. Total comprehensive income 10,324,412.08 13,247,032.64
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Total operating income 817,090,021.44 1,619,839,888.90
Including: Operating income 817,090,021.44 1,619,839,888.90
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 818,761,404.40 1,577,363,145.86
Including: Operating cost 721,313,081.63 1,471,083,684.84
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
24
深圳南山热电股份有限公司 2019 年第三季度报告全文
Bonus expense of guarantee slip
Reinsurance expense
Tax and extras 4,602,545.12 7,846,282.62
Sales expense 4,494,377.10 2,809,911.61
Administrative expense 71,377,334.82 64,780,935.65
R&D expense
Financial expense 16,974,065.73 30,842,331.14
Including: Interest
36,052,299.86 35,744,972.25
expenses
Interest income -19,222,960.77 -5,296,804.36
Add: other income 7,575,898.03 7,373,199.99
Investment income (Loss is
-733,364.25 -1,664,189.63
listed with “-”)
Including: Investment income
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
-401,997.12
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
4,769,153.70 48,185,753.40
“-”)
Add: Non-operating income 145,392.45 7,975.00
Less: Non-operating expense 46,124.97 919,718.63
IV. Total profit (Loss is listed with “-”) 4,868,421.18 47,274,009.77
Less: Income tax expense 1,690,180.51 13,831,358.27
V. Net profit (Net loss is listed with “-”) 3,178,240.67 33,442,651.50
25
深圳南山热电股份有限公司 2019 年第三季度报告全文
(i) Classify by business continuity
1.continuous operating net profit
(net loss listed with ‘-”)
2.termination of net profit (net loss
listed with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
8,523,482.28 37,175,398.13
of parent company
2.Minority shareholders’ gains and
-5,345,241.61 -3,732,746.63
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.gain/loss of fair value
changes for available-for-sale financial
assets
26
深圳南山热电股份有限公司 2019 年第三季度报告全文
4.Amount of financial assets
re-classify to other comprehensive
income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging reserve
8.Translation differences
arising on translation of foreign currency
financial statements
9.Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 3,178,240.67 33,442,651.50
Total comprehensive income
8,523,482.28 37,175,398.13
attributable to owners of parent Company
Total comprehensive income
-5,345,241.61 -3,732,746.63
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.01 0.06
(ii) Diluted earnings per share 0.01 0.06
As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party before combination while 0
Yuan achieved last period
Legal representative: Chairman Li Xinwei
Person in charge of accounting works: Director GM Chen Yuhui; CFO Dai Xiji
Person in charge of accounting institution: Deputy Manager Wang Yi (act for the financial management dept.)
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Operating income 316,716,101.62 649,846,092.85
27
深圳南山热电股份有限公司 2019 年第三季度报告全文
Less: Operating cost 306,944,736.34 598,007,415.86
Taxes and surcharge 1,714,956.31 1,552,236.68
Sales expenses
Administration expenses 37,738,820.83 27,772,982.44
R&D expenses
Financial expenses -20,863,483.89 -14,847,889.40
Including: interest
30,997,787.27 23,538,101.34
expenses
Interest income -52,212,343.82 -39,227,719.49
Add: other income 2,837,015.37 3,087,290.99
Investment income (Loss is
listed with “-”)
Including: Investment income
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
-231,373.37
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
-6,213,285.97 40,448,638.26
“-”)
Add: Non-operating income 44,075.95 3,975.00
Less: Non-operating expense 847,974.53
III. Total Profit (Loss is listed with “-”) -6,169,210.02 39,604,638.73
Less: Income tax -2,246,824.86 9,901,159.68
IV. Net profit (Net loss is listed with
-3,922,385.16 29,703,479.05
“-”)
(i)continuous operating net profit
(net loss listed with ‘-”)
28
深圳南山热电股份有限公司 2019 年第三季度报告全文
(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
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.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial
assets re-classify to other
comprehensive income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging
reserve
29
深圳南山热电股份有限公司 2019 年第三季度报告全文
8.Translation differences
arising on translation of foreign
currency financial statements
9.Other
VI. Total comprehensive income -3,922,385.16 29,703,479.05
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
7. Consolidated Cash Flow Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 848,802,603.75 1,806,639,861.18
services
Net increase of customer deposit
and inter-bank 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 2,265,516.01 4,030,530.35
30
深圳南山热电股份有限公司 2019 年第三季度报告全文
Other cash received concerning
81,128,387.21 12,658,115.06
operating activities
Subtotal of cash inflow arising from
932,196,506.97 1,823,328,506.59
operating activities
Cash paid for purchasing
commodities and receiving labor 672,227,412.68 1,422,180,905.60
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and inter-bank
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 109,524,288.48 100,336,870.19
Taxes paid 25,755,985.75 78,049,256.10
Other cash paid concerning
41,126,489.63 40,376,695.07
operating activities
Subtotal of cash outflow arising from
848,634,176.54 1,640,943,726.96
operating activities
Net cash flows arising from operating
83,562,330.43 182,384,779.63
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term 2,007,560.00 277,500.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
31
深圳南山热电股份有限公司 2019 年第三季度报告全文
investing activities
Subtotal of cash inflow from investing
2,007,560.00 277,500.00
activities
Cash paid for purchasing fixed,
50,097,147.15 115,483,689.48
intangible and other long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
50,097,147.15 115,483,689.48
activities
Net cash flows arising from investing
-48,089,587.15 -115,206,189.48
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 1,060,000,000.00 1,157,000,000.00
Other cash received concerning
7,303,338.86 21,000,000.00
financing activities
Subtotal of cash inflow from financing
1,067,303,338.86 1,178,000,000.00
activities
Cash paid for settling debts 1,017,000,000.00 848,250,000.00
Cash paid for dividend and profit
38,218,910.05 35,378,885.11
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
5,170,000.00
financing activities
Subtotal of cash outflow from financing
1,055,218,910.05 888,798,885.11
activities
Net cash flows arising from financing 12,084,428.81 289,201,114.89
32
深圳南山热电股份有限公司 2019 年第三季度报告全文
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 187,479.31 352,586.62
exchange rate
V. Net increase of cash and cash
47,744,651.40 356,732,291.66
equivalents
Add: Balance of cash and cash
914,956,611.70 411,613,377.07
equivalents at the period -begin
VI. Balance of cash and cash
962,701,263.10 768,345,668.73
equivalents at the period -end
8. Cash Flow Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 396,723,019.74 937,902,617.87
services
Write-back of tax received
Other cash received concerning
510,530,610.81 435,177,432.37
operating activities
Subtotal of cash inflow arising from
907,253,630.55 1,373,080,050.24
operating activities
Cash paid for purchasing
commodities and receiving labor 339,568,822.95 604,176,979.39
service
Cash paid to/for staff and workers 67,225,683.91 61,122,432.34
Taxes paid 10,342,321.56 13,132,503.10
Other cash paid concerning
226,274,470.30 964,304,444.41
operating activities
Subtotal of cash outflow arising from
643,411,298.72 1,642,736,359.24
operating activities
Net cash flows arising from operating
263,842,331.83 -269,656,309.00
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
33
深圳南山热电股份有限公司 2019 年第三季度报告全文
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term 1,794,800.00 262,500.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
1,794,800.00 262,500.00
activities
Cash paid for purchasing fixed,
27,470,051.95 89,604,338.48
intangible and other long-term assets
Cash paid for investment
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
27,470,051.95 89,604,338.48
activities
Net cash flows arising from investing
-25,675,251.95 -89,341,838.48
activities
III. Cash flows arising from financing
activities:
Cash received from absorbing
investment
Cash received from loans 760,000,000.00 987,000,000.00
Other cash received concerning
11,660,000.00
financing activities
Subtotal of cash inflow from financing
760,000,000.00 998,660,000.00
activities
Cash paid for settling debts 910,000,000.00 180,000,000.00
Cash paid for dividend and profit
29,127,152.98 20,369,318.89
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from financing 939,127,152.98 200,369,318.89
34
深圳南山热电股份有限公司 2019 年第三季度报告全文
activities
Net cash flows arising from financing
-179,127,152.98 798,290,681.11
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 1,429.60 2,231.84
exchange rate
V. Net increase of cash and cash
59,041,356.50 439,294,765.47
equivalents
Add: Balance of cash and cash
766,041,463.01 148,223,551.05
equivalents at the period -begin
VI. Balance of cash and cash
825,082,819.51 587,518,316.52
equivalents at the period -end
II. Financial statement adjustment
1. Relevant items of the financial statement at beginning of the year when implementing the new financial
instrument standards, new revenue standards or new leasing standards since 2019
√ Applicable □ Not applicable
Consolidated Balance Sheet
In RMB
Item 2018-12-31 2019-01-01 Adjustment
Current assets:
Monetary funds 925,829,404.44 925,829,404.44
Settlement provisions
Capital lent
Tradable financial assets
Financial assets
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
assets
Note receivable
Account receivable 132,430,024.97 132,430,024.97
Receivable financing
Accounts paid in
53,655,777.12 53,655,777.12
advance
35
深圳南山热电股份有限公司 2019 年第三季度报告全文
Insurance receivable
Reinsurance receivables
Contract reserve of
reinsurance receivable
Other account
40,133,297.74 40,133,297.74
receivable
Including: Interest
receivable
Dividend
receivable
Buying back the sale of
financial assets
Inventories 124,758,334.97 124,758,334.97
Contractual assets
Assets held for sale
Non-current asset due
within one year
Other current assets 390,108,844.11 390,108,844.11
Total current assets 1,666,915,683.35 1,666,915,683.35
Non-current assets:
Loans and payments on
behalf
Debt investment
Finance asset available
60,615,000.00 -60,615,000.00
for sales
Other debt investment
Held-to-maturity
investment
Long-term account
receivable
Long-term equity
16,049,044.95 16,049,044.95
investment
Investment in other
60,615,000.00 60,615,000.00
equity instrument
Other non-current
financial assets
Investment real estate 2,606,302.71 2,606,302.71
36
深圳南山热电股份有限公司 2019 年第三季度报告全文
Fixed assets 1,405,649,989.24 1,405,649,989.24
Construction in progress 82,348,008.39 82,348,008.39
Productive biological
asset
Oil and gas asset
Right-of-use assets
Intangible assets 45,987,255.24 45,987,255.24
Expense on Research
and Development
Goodwill
Long-term expenses to
be apportioned
Deferred income tax
2,071,324.26 2,071,324.26
asset
Other non-current asset 24,905,681.78 24,905,681.78
Total non-current asset 1,640,232,606.57 1,640,232,606.57
Total assets 3,307,148,289.92 3,307,148,289.92
Current liabilities:
Short-term loans 1,000,000,000.00 1,000,000,000.00
Loan from central bank
Capital borrowed
Tradable financial
liability
Financial liability
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
liability
Note payable
Account payable 18,065,898.69 18,065,898.69
Accounts received in
advance
Contractual liability
Selling financial asset of
repurchase
Absorbing deposit and
37
深圳南山热电股份有限公司 2019 年第三季度报告全文
inter-bank deposit
Security trading of
agency
Security sales of agency
Wage payable 44,912,599.66 44,912,599.66
Taxes payable 16,000,039.55 16,000,039.55
Other account payable 63,091,881.43 63,091,881.43
Including: Interest
1,608,290.72 1,608,290.72
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 1,142,070,419.33 1,142,070,419.33
Non-current liabilities:
Insurance contract
reserve
Long-term loans 25,940,000.00 25,940,000.00
Bonds payable
Including: Preferred
stock
Perpetual
capital securities
Lease liability
Long-term account
payable
Long-term wages
payable
Accrual liability 26,726,232.38 26,726,232.38
Deferred income 75,612,259.33 75,612,259.33
Deferred income tax
liabilities
Other non-current
38
深圳南山热电股份有限公司 2019 年第三季度报告全文
liabilities
Total non-current liabilities 128,278,491.71 128,278,491.71
Total liabilities 1,270,348,911.04 1,270,348,911.04
Owner’s equity:
Share capital 602,762,596.00 602,762,596.00
Other equity instrument
Including: Preferred
stock
Perpetual
capital securities
Capital public reserve 362,770,922.10 362,770,922.10
Less: Inventory shares
Other comprehensive
income
Reasonable reserve
Surplus public reserve 332,908,397.60 332,908,397.60
Provision of general risk
Retained profit 679,429,935.81 679,429,935.81
Total owner’ s equity
attributable to parent 1,977,871,851.51 1,977,871,851.51
company
Minority interests 58,927,527.37 58,927,527.37
Total owner’ s equity 2,036,799,378.88 2,036,799,378.88
Total liabilities and owner’ s
3,307,148,289.92 3,307,148,289.92
equity
Explanation:
On March 31, 2017, the Ministry of Finance of the People’s Republic of China (hereinafter referred to as Ministry of Finance)
revised and issued the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial
Instruments, Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets and Accounting Standards for
Business Enterprises No. 24 - Hedge Accounting, and issued and revised the Accounting Standards for Business Enterprises No. 37 –
Financial Instruments Presentation on May 2, 2017 (the above-mentioned four standards are collectively referred to as the “New
Financial Instruments Standards”), relevant accounting policy are adjusted correspondingly. On 15 June 2018, the Notice on Revising
and Printing the Format of Financial Statements for General Enterprises in 2018 was issued by Ministry of Finance, revising the
format of financial statements for general enterprises. In accordance with the above mentioned requirement, the 5th session of 8th
BOD and 5th session of 8th Supervisory Committee of the Board are held on 14 August 2019 for deliberated and approved the
Proposal of Implementation on New Financial Instrument Standards. The Company will implement the above mentioned new
financial instrument standards since 1 Jan. 2019. The Company has no control and common control over Jiangxi Nuclear Power Co.,
Ltd or has no equity instrument investment that has significant influence without quotation in active market and whose fair value can
not be measured reliably in the active market, originally classify as “financial assets available for sale” , and according to the new
39
深圳南山热电股份有限公司 2019 年第三季度报告全文
financial instrument standards, appointed as “Financial assets measured by fair value and with variation reckoned into other
comprehensive income”, listed to “other equity instrument investment” in statement.
Balance Sheet of Parent Company
In RMB
Item 2018-12-31 2019-01-01 Adjustment
Current assets:
Monetary funds 766,041,463.01 766,041,463.01
Tradable financial assets
Financial assets
measured by fair value and
with variation reckoned into
current gains/losses
Derivative financial
assets
Note receivable
Account receivable 50,415,180.20 50,415,180.20
Receivable financing
Accounts paid in
33,326,061.81 33,326,061.81
advance
Other account
1,048,357,217.53 1,048,357,217.53
receivable
Including: Interest
receivable
Dividend
receivable
Inventories 111,279,675.08 111,279,675.08
Contractual assets
Assets held for sale
Non-current assets
maturing within one year
Other current assets 362,678,678.87 362,678,678.87
Total current assets 2,372,098,276.50 2,372,098,276.50
Non-current assets:
Debt investment
Available-for-sale 60,615,000.00 -60,615,000.00
40
深圳南山热电股份有限公司 2019 年第三季度报告全文
financial assets
Other debt investment
Held-to-maturity
investments
Long-term receivables
Long-term equity
303,341,165.00 303,341,165.00
investments
Investment in other
60,615,000.00 60,615,000.00
equity instrument
Other non-current
financial assets
Investment real estate
Fixed assets 284,572,482.22 284,572,482.22
Construction in progress 16,490,240.75 16,490,240.75
Productive biological
assets
Oil and natural gas
assets
Right-of-use assets
Intangible assets 1,518,096.75 1,518,096.75
Research and
development costs
Goodwill
Long-term deferred
expenses
Deferred income tax
assets
Other non-current assets
Total non-current assets 666,536,984.72 666,536,984.72
Total assets 3,038,635,261.22 3,038,635,261.22
Current liabilities:
Short-term borrowings 860,000,000.00 860,000,000.00
Tradable financial
liability
Financial liability
measured by fair value and
with variation reckoned into
41
深圳南山热电股份有限公司 2019 年第三季度报告全文
current gains/losses
Derivative financial
liability
Notes payable
Account payable 5,349,562.56 5,349,562.56
Accounts received in
advance
Contractual liability
Wage payable 26,953,632.92 26,953,632.92
Taxes payable 11,962,377.72 11,962,377.72
Other accounts payable 157,816,358.94 157,816,358.94
Including: Interest
1,368,932.93 1,368,932.93
payable
Dividend
payable
Liability held for sale
Non-current liabilities
due within one year
Other current liabilities
Total current liabilities 1,062,081,932.14 1,062,081,932.14
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 41,337,945.14 41,337,945.14
Deferred income tax
liabilities
Other non-current
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深圳南山热电股份有限公司 2019 年第三季度报告全文
liabilities
Total non-current liabilities 41,337,945.14 41,337,945.14
Total liabilities 1,103,419,877.28 1,103,419,877.28
Owners’ equity:
Share capital 602,762,596.00 602,762,596.00
Other equity instrument
Including: preferred
stock
Perpetual
capital securities
Capital public reserve 289,963,039.70 289,963,039.70
Less: Inventory shares
Other comprehensive
income
Special reserve
Surplus reserve 332,908,397.60 332,908,397.60
Retained profit 709,581,350.64 709,581,350.64
Total owner’s equity 1,935,215,383.94 1,935,215,383.94
Total liabilities and owner’s
3,038,635,261.22 3,038,635,261.22
equity
Explanation:
On March 31, 2017, the Ministry of Finance of the People’s Republic of China (hereinafter referred to as Ministry of Finance)
revised and issued the Accounting Standards for Business Enterprises No. 22 - Recognition and Measurement of Financial
Instruments, Accounting Standards for Business Enterprises No. 23 - Transfer of Financial Assets and Accounting Standards for
Business Enterprises No. 24 - Hedge Accounting, and issued and revised the Accounting Standards for Business Enterprises No. 37 –
Financial Instruments Presentation on May 2, 2017 (the above-mentioned four standards are collectively referred to as the “New
Financial Instruments Standards”), relevant accounting policy are adjusted correspondingly. On 15 June 2018, the Notice on Revising
and Printing the Format of Financial Statements for General Enterprises in 2018 was issued by Ministry of Finance, revising the
format of financial statements for general enterprises. In accordance with the above mentioned requirement, the 5th session of 8th
BOD and 5th session of 8th Supervisory Committee of the Board are held on 14 August 2019 for deliberated and approved the
Proposal of Implementation on New Financial Instrument Standards. The Company will implement the above mentioned new
financial instrument standards since 1 Jan. 2019. The Company has no control and common control over Jiangxi Nuclear Power Co.,
Ltd or has no equity instrument investment that has significant influence without quotation in active market and whose fair value can
not be measured reliably in the active market, originally classify as “financial assets available for sale”, and according to the new
financial instrument standards, appointed as “Financial assets measured by fair value and with variation reckoned into other
comprehensive income”, listed to “other equity instrument investment” in statement.
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深圳南山热电股份有限公司 2019 年第三季度报告全文
2. Explanation on comparative data in the early stage of retroactive adjustment while implemented the new
financial instrument standards or new leasing standards since 2019
□ Applicable √ Not applicable
III. Audit report
Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.
44
