Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Shenzhen Textile (Holdings) Co., Ltd.
Quarterly Report for the Third Quarter of 2011 (Full text)
§1 Important notes
1.1 The Board of Directors of the Company hereby guarantees that there are no misstatement,
misleading representation or important omissions in this report and shall assume joint and
several liability for the authenticity, accuracy and completeness of the contents hereof.
1.2 The Third Quarterly Report is not audited by CPA.
1.3 Chairman of the Board of Directors Wang Bin, General Manager Zhu Jun and Manager of
Financial Dept Liu Yi represent and warrant the financial and accounting report in the quarterly is
true and complete.
§2 Basic Information
2.1 Highlights of Accounting Data and Financial Indicators
Unit：RMB
2011.9.30 2010.12.31 Increase /decrease（％）
Total assets（RMB） 1,695,700,128.73 1,655,422,298.41 2.43%
Owner’s equity attributable to
shareholders of the listed company 1,396,256,920.47 1,345,969,224.97 3.74%
（RMB）
Stock capital（shares） 336,521,849.00 336,521,849.00 0.00%
Net assets per share attributable to
shareholders of the listed company 4.15 4.00 3.75%
（yuan/shares）
Increase/decrease in Increase/decrease in
the report period the report period
January-September
July-September 2011 compared with the compared with the
2011
same period of the same period of the
last year(%) last year(%)
Total turnover(RMB) 178,733,950.00 23.64% 497,916,667.75 6.64%
Net profit attributable to
shareholders of the listed company 10,312,743.78 -14.19% 42,676,720.47 15.73%
（RMB）
Net cash flow arising from operating
- - 31,988,590.87 271.41%
activities（RMB）
Net cash flow per share arising from
- - 0.10 242.86%
operating activities（yuan/shares）
Basic earnings per share
0.03 -25.00% 0.13 -7.14%
（yuan/shares）
Diluted earnings per share
0.03 -25.00% 0.13 -7.14%
（yuan/shares）
1
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Weighted average return on equity
0.75% Decreased by 0.39% 3.12% Decreased by 2.18%
（%）
Weighted average Return on net
assets after deducting non-recurring 0.60% Increased by 0.30% 1.99% Decreased by 1.29%
gains and losses（%）
Items of non-current gains and losses
√ applicable □ not applicable
Unit：RMB
Non-recurring gain and loss items Amount Notes（If applicable）
The gains from disposal of
99,139.59
non-current assets
Including ： Governmental subsidy accounted for as profits or
losses for current period" includes governmental R&D subsidy
Governmental Subsidy accounted as of RMB 5,932,485 appropriated by Shenzhen Development and
current gain/loss, except for those Reform Commission, national aid of RMB 750,000 for special
subsidies at with amount or quantity project of new-type panel display industrialization, supporting
6,992,385.03
fixed by the national government and funds of RMB 150,000 for technology industrialization
closely related to the Company’s demonstration project ,Economic development supporting fund
business operation. of RMB 85,500 received from Futian Chamber of Commerce
and loan discount of RMB 74,400 .03 appropriated by Shenzhen
Financial Bureau,;
In addition to normal business with
the company effective hedging
related business, holders of tradable The investment income from financial assets available
financial assets, transactions and
financial liabilities arising from for sale is the income from the Company's sale of
changes in fair value gains and 1,482,128.46
losses, as well as the disposal of shares of Shenzhen Victor Onward Textile Industrial
trading of financial assets, trading
financial liabilities and Co., Ltd.
available-for-sale financial assets
gains return on investment;
Mainly due to receipt of 1,085,733 A shares of Guangdong
Sunrise Group Co., Ltd. (the market value of these shares was
RMB 9,847,598.31 according to the closing price of A shares of
* ST Sunrise on May 17, 2010 (the last trading day before
suspension of listing), i.e., RMB 9.07 per share) and cash of
Net amount of non-operating income RMB 702,694.14 (RMB 10,550,292.45 in total as recognized
and expense except the aforesaid 10,873,223.75 non-operating income and RMB 315,936.60 in total as subway
items construction compensation income) according to (2010) Shen
Zhong Fa Min Qi Zhong Zhen Zi No. 5-5 Civil Award and the
Plan for Reorganization of Guangdong Sun Rise Group Co.,
Ltd(Refer to No. 2011-39 Announcement of the Company for
details
Amount of influence of income tax -4,044,910.78
Total 15,401,966.05 -
2.2 Total number of shareholders in the end of the report period and shares held by the top ten shareholders with
unrestricted conditions
Unit：Shares
Total number of shareholders at the end of report period 17,862
Share held by the top ten shareholders with unrestricted conditions
2
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Number of Unconditional shares held at the
Name of the shareholder Type of shares
period-end
RMB Common
Shenzhen Investment Holdings Co., Ltd. 144,977,052
shares
Zhejiang Silicon Valley Tiantang Kuncheng Chuangye RMB Common
13,555,000
Investment Co., Ltd. shares
RMB Common
Huabao Intrust Co., Ltd. 9,214,953
shares
RMB Common
Changzhou Investment Group Co., Ltd. 2,421,495
shares
Foreign shares
placed in
CHINA OPPORTUNITIES H-B FUND 1,271,367
domestic
exchange
Foreign shares
placed in
Zheng Bangsheng 1,169,000
domestic
exchange
China People’s Life insurance Co., Ltd.-Dividend –Individual RMB Common
1,120,439
Dividend shares
Foreign shares
placed in
China Merchants Securities (HK) Co., Ltd. 953,617
domestic
exchange
Foreign shares
placed in
Xu Ruijiang 791,688
domestic
exchange
Foreign shares
placed in
Liu Hong 710,000
domestic
exchange
§3 Significant Events
3.1 Particular about large-margin change of main accounting statement item and financial index and its reason.
√ applicable □ not applicable
1. The ending balance of monetary capital decreased by RMB 398.6331 million and 48.01% over beginning of period mainly due to
the investment in the construction of phase-I project of polarizer sheet for TFT-LCD in current period;
2. The ending book balance of accounts receivable increased by RMB 23.8402 million and 49.51% over beginning of period mainly
due to increase of accounts receivable for polarizer sheet business and knitted underwear business with the growth of sales income;
3. The ending balance of Prepayment Increased by RMB 35.8940 million and 766.78% over year-beginning balance ，The ending
balance of Advance account Increased by RMB 39.2141 million and 281.67% over year-beginning balance mainly due to the increase
of export trade orders at the end of current period over the same period of the previous year；
4. The ending balance of other receivables decreased by RMB 16.6945 million and 55.62% over beginning of period mainly due to
recovery of export rebates;
5. The end-of-period balance of construction in progress increased by RMB 390.8174 million over beginning of period mainly due to
increase of investment in phase-I project of polarizer sheet for TFT-LCD;
6. The end-of-period balance of taxes and levies payable decreased by RMB 24.5930 million and 613.03% over beginning of period
mainly due to payment of value added tax on purchase for imported equipment for phase-I project of polarizer sheet for TFT-LCD and
other equipment purchased;
7. The end-of-period balance of interest payable increased by RMB 3.3519 million and 2175.24% over beginning of period mainly due
to increase of special loan interest payable for the phase-I project of polarizer sheet for TFT-LCD;
8. The end-of-period balance of non-current liabilities to become due within one year decreased by RMB 21 million and 100% million
mainly due to repayment of the loan;
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Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
9.. The ending undistributed profit increased by RMB 42.6767 million and 31.48% over beginning of period, which was derived from
the net profit for the current period;
10. The selling expenses increased by RMB 1.724 million and 45.84% year on year mainly due to increase of sales income;
11. Financial expenses in current period year decreased by RMB 8.1468 million and 386.17% year on year mainly due to decrease of
expenditure on interests on borrowings because raised proceeds of RMB 80 million were temporarily used to supplement working
capital and due to increase of fixed deposit interest income from raised proceeds;
12. Assets impairment loss in current period increased by RMB 4.8006 million and 296.88% year on year mainly due to increase of
provision for bad debts caused by business growth and increase of sales income and accounts receivable;
13. Investment income decreased by RMB 8.3684 million and 64.02% year on year mainly due to year-on-year decrease of sales of
financial assets available for sale through secondary market in current period;
14.. Non-operating income increased by RMB 8.9935 million and 100.21% year on year mainly due to receipt of 1,085,733 A shares of
Guangdong Sunrise Group Co., Ltd. (the market value of these shares was RMB 702,694.14 according to the closing price of A shares
of * ST Sunrise on May 17, 2010 (the last trading day before suspension of listing), i.e., RMB 9.07 per share) in total as recognized
non-operating income) according to (2010) Shen Zhong Fa Min Qi Zhong Zhen Zi No. 5-5 Civil Award and the Plan for
Reorganization of Guangdong Sun Rise Group Co., Ltd(Refer to No. 2011-39 Announcement of the Company for
details)；
15. The tax refund received in current period increased by RMB 15.0847 million and 42.95% year on year mainly due to year-on-year
increase of export rebates received in current period;
16. Other cash received relating to operating activities increased by RMB 10.5372 million and 367.79% year on year mainly due to
receipt of the payment from court enforcement and receipt of cash for counter-performance from the debt reorganization of Guangdong
Sun Rise Group Co., Ltd. and collection of suspense receipts including water and electricity charges;
17. The net cash flows from operating activities in current period increased by RMB 50.6511 million and 271.41% year on year mainly
due to year-on-year increase of net cash flows from operating activities of Shenzhen Shengbo Optoelectronic Technology Co., Ltd. and
export rebates received;
18. Cash received from disposal of investments decreased by RMB 8.8709 million and 83.79%year on year mainly due to year-on-year
decrease of sales of financial assets available for sale through secondary market in current period;
19. Other cash received relating to investing activities in current period increased by RMB 406.0659 million year on year mainly due
to writeback of fixed deposit of RMB 399.5494 million and receipt of fixed deposit interest of RMB 6.5165 million;
20. The Cash paid for construction of fixed assets, intangible assets and other long-term assets were RMB 323.6753
million,which increased by 332.36% year on year mainly due to increase of expenditure on phase-I project of polarizer sheet
for TFT-LCD;
21. Net increase in cash and cash equivalents in current period decreased by RMB 672.2379 million and 100.01% year on year mainly
due to proceeds were obtained through private issue in the same period of previous year.
3.2 The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□applicable √ not applicable
3.2.1 Non-standard Opinion
□applicable √ not applicable
3.2.2 The Company provided funds to its controlling shareholder or related parties and provided guarantees in
violation of established procedures.
□applicable √ not applicable
3.2.3 Signing and performance of significant contracts for daily operation
□applicable √ not applicable
3.2.4 Other
√□applicable □not applicable
In the report period, The Company finished the preparation of Internal Control Manual (advanced edition), held a meeting for issue and
implementation and also completed Regulations on Defect Report Management for Internal Control (draft). According to the work
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Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
schedule of Shenzhen Securities Regulatory Bureau in respect of experimental companies for internal control standardization, the
Company has completed the work of straightening out processes, making comprehensive analysis, identifying inherent risks,
appraising risk levels, identifying key control activities in processes, preparing relevant internal control documents, preparing risk list
and establishing internal control defect report mechanism and entered the stage of finalizing internal control defect rectification plan.
3.3 The fulfillment of the commitment made by the Company , shareholders and the actual controller
Companies or shareholders holding more than 5% equity during the reporting period or the
commitments continued to the reporting period
√ applicable □ not applicable
Items of
Promisee Content of commitments Implementation
commitments
As Shenzhen Investment Holdings Co., Ltd., the controlling shareholder of
the company, committed when the restricted-for-sale shares from the
shares restructuring were listed for circulation in the market: i. if they plan
Promise in to sell the shares through the securities exchange system in the future, and
Shenzhen
the decrease of the shares they hold reaches 5% within 6 months after the
share holding Investment
first decrease, they will disclose an announcement indicating the sale Under fulfillment.
structure Holdings Co.,
through the company within two trading days before the first decrease; ii.
reform Ltd.
They shall strictly observe the “Guidelines on Transfer of
Restricted-for-sale Original Shares of Listed Companies” and the
provisions of the relevant business principles of Shenzhen Stock
Exchange.
Commitments
made in
Acquisition
Report or N/A N/A N/A
Reports on
Change in
interests
Commitments
made in
N/A N/A N/A
Material assets
Reorganization
Shenzhen Investment Holdings Co., Ltd. signed a “Letter of Commitment
and Statement on Horizontal Competition Avoidance” when the company
issued non-public stocks in 2010. Pursuant to the Letter of Commitment
and Statement, Shenzhen Investment Holdings Co., Ltd. and its wholly
owned subsidiary, subsidiaries under control or any other companies that
have actual control of it shall not be involved in the business the same as
or similar to those Shenzhen Textile currently or will run in the future, or
any businesses or activities that may constitute direct or indirect
Shenzhen
competition with Shenzhen Textile; if the operations of Shenzhen
Commitments Investment
Investment Holdings Co., Ltd. and its wholly owned subsidiaries, Under fulfillment.
made in issuing Holdings Co., subsidiaries under control or other companies that have actual control of it
Ltd.
compete with Shenzhen Textile in the same industry or contradict the
interest of the issuer in the future, Shenzhen Investment Holdings Co., Ltd.
shall urge such companies to sell the equity, assets or business to Shenzhen
Textile or a third party; when the horizontal competition may occur due to
the business expansion concurrently necessary for Shenzhen Investment
Holdings Co., Ltd. and its wholly owned subsidiaries, subsidiaries under
control or other companies that have actual control of it and Shenzhen
Textile, Shenzhen Textile shall have priority.
Other
commitments N/A N/A N/A
（Including:
5
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
supplementary
commitments）
3.4 Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□applicable √ not applicable
3.5 Other significant events need to be explained
3.5.1 Stock investment
□applicable √ not applicable
3.5.2 Reception of investigations, communications ,or interviews company held in the report period.
Content of discussion and materials
Date Place Mode Visitor
provided
The information of the company intends
July-September Individual
2011
The Company Telephone to issue stock to raise capital investment
Investor projects.
3.6 Particulars about derivatives investment
□applicable √ not applicable
3.6.1 Particulars about the positions of derivatives investment at the end of report period.
□applicable √ not applicable
§4 Appendix
4.1 Balance sheet
Prepared by: Shenzhen Textile (Holdings) Co., Ltd. September 30, 2011 Unit：RMB
Year-end balance
Year-beginning balance
Items
Consolidated Parent company Consolidated Parent company
Current asset：
Monetary fund 431,602,899.64 227,538,572.04 830,236,037.30 483,902,800.37
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 951,602.30
Account receivable 71,988,521.71 48,148,305.15
Prepayments 40,575,106.13 1,387,480.00 4,681,130.84 881,080.00
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
6
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
contracts receivable
Interest receivable 2,203,227.00 2,203,227.00
Dividend receivable
Other account receivable 13,320,540.27 16,607,849.04 30,015,024.72 25,218,113.04
Repurchasing of financial
assets
Inventories 60,629,788.70 60,986,770.44
Non-current asset due in 1
year
Other current asset
Total of current assets 619,068,458.75 245,533,901.08 976,270,495.45 512,205,220.41
Non-current assets：
Loans and payment on
other’s behalf disbursed
Disposable financial asset 95,173,209.40 95,173,209.40 75,481,853.50 75,481,853.50
Expired investment in
possess
Long-term receivable
Long term share equity
47,189,217.34 855,666,265.11 47,250,337.33 575,727,385.10
investment
Property investment 163,191,269.02 153,255,180.35 168,268,522.84 157,914,202.69
Fixed assets 158,092,625.39 34,087,354.15 166,482,617.12 34,758,106.27
Construction in progress 546,078,306.23 2,586,624.19 155,260,944.31
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 47,087,128.71 1,470,960.98 48,642,431.17 1,763,383.44
R & D petrol
Goodwill 9,614,758.55 9,614,758.55
Long-germ expenses to be
1,743,058.95 897,757.98
amortized
Differed income tax asset 8,462,096.39 4,530,890.65 7,252,580.16 4,339,038.67
Other non-current asset
Total of non-current assets 1,076,631,669.98 1,146,770,484.83 679,151,802.96 849,983,969.67
Total of assets 1,695,700,128.73 1,392,304,385.91 1,655,422,298.41 1,362,189,190.08
Current liabilities
Short-term loans 2,000,000.00
Loan from Central Bank
Deposit received and hold
for others
Call loan received
Trade off financial liabilities
Bill payable
7
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Account payable 32,467,005.18 1,388,181.57 33,098,532.04 1,732,905.87
Advance payment 53,136,245.53 639,024.58 13,922,128.20 639,024.58
Selling of repurchased
financial assets
Fees and commissions
receivable
Employees’ wage payable 16,251,016.76 1,439,654.17 20,785,444.97 6,529,841.13
Tax payable -20,581,302.75 3,686,305.41 4,011,683.39 2,333,265.14
Interest payable 3,505,973.97 154,092.20
Dividend payable
Other account payable 49,528,596.54 64,931,324.82 47,759,095.14 63,396,499.56
Reinsurance fee payable
Insurance contract provision
Entrusted trading of
securities
Entrusted selling of
securities
Non-current liability due in
21,000,000.00
1 year
Other current liability
Total of current liability 134,307,535.23 72,084,490.55 142,730,975.94 74,631,536.28
Non-current liabilities：
Long-term loan 96,719,008.30 96,719,008.30
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax
17,912,364.07 17,800,277.35 15,446,103.51 15,334,016.79
liability
Other non-current liabilities 50,504,300.66 54,556,985.69
Total of non-current
165,135,673.03 17,800,277.35 166,722,097.50 15,334,016.79
liabilities
Total of liability 299,443,208.26 89,884,767.90 309,453,073.44 89,965,553.07
Owners’ equity
Share capital 336,521,849.00 336,521,849.00 336,521,849.00 336,521,849.00
Capital reserves 847,408,090.16 838,825,108.37 839,797,115.13 831,214,133.34
Less：Shares in stock
Special reserve
Surplus reserves 34,086,443.10 34,086,443.10 34,086,443.10 34,086,443.10
Common risk provision
Undistributed profit 178,240,538.21 92,986,217.54 135,563,817.74 70,401,211.57
Different of foreign currency
translation
Total of owner’s equity belong to
1,396,256,920.47 1,302,419,618.01 1,345,969,224.97 1,272,223,637.01
the parent company
8
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Minor shareholders’ equity
Total of owners’ equity 1,396,256,920.47 1,302,419,618.01 1,345,969,224.97 1,272,223,637.01
Total of liabilities and owners’
1,695,700,128.73 1,392,304,385.91 1,655,422,298.41 1,362,189,190.08
equity
4.2 Profit statement of the report period
Prepared by: Shenzhen Textile (Holdings) Co., Ltd. July-September 2011 Unit：RMB
Report period Same period of the previous year
Items
Consolidated Parent company Consolidated Parent company
I. Total operating income 178,733,950.00 14,655,598.71 144,558,621.91 12,417,566.44
Including：Operating income 178,733,950.00 14,655,598.71 144,558,621.91 12,417,566.44
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 169,894,950.17 11,363,828.62 135,267,545.99 6,263,410.84
Including：operating cost 143,342,312.95 3,526,359.34 113,390,280.11 4,596,494.07
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 1,719,408.10 1,117,967.53 1,367,652.01 940,726.60
Sales expenses 2,039,634.56 1,944,856.94
Administration expenses 21,094,039.70 8,940,973.55 18,541,538.36 6,605,517.01
Financial expenses -1,693,449.90 -1,568,290.76 -65,966.64 -1,021,864.75
Losses of devaluation of assets 3,393,004.76 -653,181.04 89,185.21 -4,857,462.09
Add：changing income of fair
value
Investment income 1,201,416.68 1,201,416.68 1,188,136.11 1,188,136.11
Including：Investment income on
affiliated company and joint 241,426.13 241,426.13 232,636.12 232,636.12
venture
Exchange income
III.Operating profit 10,040,416.51 4,493,186.77 10,479,212.03 7,342,291.71
Add：non-operating income 2,348,605.21 46,145.59 3,991,982.27 46,404.29
less：non-operating expense 1,379.63 1,321.12
Including：disposal loss of
non-current assets
IV. Total profit 12,387,642.09 4,539,332.36 14,469,873.18 7,388,696.00
Less：expense of income tax 2,074,898.31 487,572.87 2,451,681.25 1,364,123.17
V. Net profit 10,312,743.78 4,051,759.49 12,018,191.93 6,024,572.83
9
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
Net profit attributable to owner’s
10,312,743.78 4,051,759.49 12,018,191.93 6,024,572.83
equity of parent company
Minority shareholders’ gains
and losses
VI. Earnings per share
（i）basic earnings per share 0.03 0.01 0.04 0.02
（ii）Diluted earnings per share 0.03 0.01 0.04 0.02
VII. Other composite income 12,263,363.48 12,263,363.48 17,791,552.40 17,791,552.40
VIII. Total composite income 22,576,107.26 16,315,122.97 29,809,744.33 23,816,125.23
Total comprehensive income
attributable to owners of parent 22,576,107.26 16,315,122.97 29,809,744.33 23,816,125.23
Company
Total comprehensive income
attributable to minority
shareholders
The merging party realized net profit of RMB 0.00 before consolidation under same control in this period.
4.3 Profit statement from Year-begin to period-end
Prepared by: Shenzhen Textile (Holdings) Co., Ltd. January-September 2011 Unit：RMB
Report period Same period of the previous year
Items
Consolidated Parent company Consolidated Parent company
I. Total operating income 497,916,667.75 42,067,610.90 466,927,758.65 38,602,651.82
Including：Operating income 497,916,667.75 42,067,610.90 466,927,758.65 38,602,651.82
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 467,400,614.57 28,828,444.86 443,476,385.07 29,076,805.03
Including：operating cost 404,514,886.12 9,332,976.73 386,523,075.83 9,128,106.96
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 5,272,489.15 3,544,408.34 4,521,026.17 3,211,993.47
Sales expenses 5,484,409.00 3,760,457.81
Administration expenses 51,748,404.77 22,403,212.89 44,945,165.92 17,524,621.26
Financial expenses -6,037,211.04 -5,652,769.85 2,109,622.55 103,690.62
Losses of devaluation of assets 6,417,636.57 -799,383.25 1,617,036.79 -1,569,757.51
Add：changing income of fair
value
Investment income 4,703,575.21 4,161,633.58 13,072,002.73 12,579,408.36
Including：Investment income on 338,880.01 338,880.01 1,211,713.13 1,211,713.13
affiliated company and joint
10
Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
venture
Exchange income
III.Operating profit 35,219,628.39 17,400,799.62 36,523,376.31 22,105,255.15
Add：non-operating income 17,968,018.28 10,965,368.64 8,974,549.43 46,204.29
less：non-operating expense 3,269.91 88.28 2,428.80
Including：disposal loss of
non-current assets
IV. Total profit 53,184,376.76 28,366,079.98 45,495,496.94 22,151,459.44
Less：expense of income tax 10,507,656.29 5,781,074.01 8,618,802.32 4,149,181.53
V. Net profit 42,676,720.47 22,585,005.97 36,876,694.62 18,002,277.91
Net profit attributable to owner’s
42,676,720.47 22,585,005.97 36,876,694.62 18,002,277.91
equity of parent company
Minority shareholders’ gains
and losses
VI. Earnings per share
（i）basic earnings per share 0.13 0.07 0.14 0.07
（ii）Diluted earnings per share 0.13 0.07 0.14 0.07
VII. Other composite income 7,610,975.03 7,610,975.03 -5,345,003.64 -5,345,003.64
VIII. Total composite income 50,287,695.50 30,195,981.00 31,531,690.98 12,657,274.27
Total comprehensive income
attributable to owners of parent 50,287,695.50 30,195,981.00 31,531,690.98 12,657,274.27
Company
Total comprehensive income
attributable to minority
shareholders
The merging party realized net profit of RMB 0.00 before consolidation under same control that occurred from year-begin to end of
this period.
4.4 Cash flow statement from Year-begin to period-end
Prepared by: Shenzhen Textile (Holdings) Co., Ltd. January-September 2011 Unit：RMB
Report period Same period of the previous year
Items
Consolidated Parent company Consolidated Parent company
I.Cash flows from operating
activities
Cash received from sales of
494,967,965.52 43,799,613.24 454,305,256.46 35,210,302.50
goods or rending of services
Net increase of
customer deposits and capital
kept for brother company
Net increase of loans
from central bank
Net increase of inter-bank
loans from other financial
bodies
Cash received against
original insurance contract
Net cash received from
reinsurance business
Net increase of client
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Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
deposit and investment
Net increase of trade
financial asset disposal
Cash received as interest,
processing fee and
commission
Net increase of inter-bank
fund received
Net increase of repurchasing
business
Tax returned 50,206,018.20 237,788.57 35,121,279.69
Other cash received from
13,402,241.22 10,166,095.41 2,865,007.18 109,659,050.22
business operation
Sub-total of cash inflow 558,576,224.94 54,203,497.22 492,291,543.33 144,869,352.72
Cash paid for purchasing
423,080,126.82 3,401,566.70 415,815,568.84 3,912,698.89
of merchandise and services
Net increase of client
trade and advance
Net increase of savings n
central bank and brother
company
Cash paid for original
contract claim
Cash paid for interest,
processing fee and
commission
Cash paid for policy
dividend
Cash paid to staffs or paid
56,376,229.13 17,529,934.39 40,256,543.51 10,224,473.52
for staffs
Taxes paid 24,230,841.17 7,086,564.20 26,327,997.27 5,303,436.08
Other cash paid for business
22,900,436.95 10,661,076.78 28,553,960.51 83,441,128.94
activities
Sub-total of cash outflow
526,587,634.07 38,679,142.07 510,954,070.13 102,881,737.43
from business activities
Cash flow generated by
31,988,590.87 15,524,355.15 -18,662,526.80 41,987,615.29
business operation, net
II.Cash flow generated by
investing
Cash received from
1,715,606.46 1,715,606.46 10,586,541.05 10,586,541.05
investment retrieving
Cash received as investment
3,248,582.63 3,009,925.11 3,319,741.29 2,827,146.92
gains
Net cash retrieved from
disposal of fixed assets,
67,145.59 46,145.59 70,685.24 45,949.24
intangible assets, and other
long-term assets
Net cash received from
disposal of subsidiaries or
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Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
other operational units
Other investment-related
406,065,903.23 406,065,903.23
cash received
Sub-total of cash inflow due
411,097,237.91 410,837,580.39 13,976,967.58 13,459,637.21
to investment activities
Cash paid for construction
of fixed assets, intangible
421,062,196.61 3,176,721.37 97,386,929.29 5,936,042.75
assets and other long-term
assets
Cash paid as investment 280,000,000.00 350,000,000.00
Net increase of loan
against pledge
Net cash received from
subsidiaries and other
operational units
Other cash paid for
1,000,000.00 35,454.89 35,454.89
investment activities
Sub-total of cash outflow
422,062,196.61 283,176,721.37 97,422,384.18 355,971,497.64
due to investment activities
Net cash flow generated by
-10,964,958.70 127,660,859.02 -83,445,416.60 -342,511,860.43
investment
III.Cash flow generated by
financing
Cash received as investment 831,099,995.70 831,099,995.70
Incl: Cash received as
investment from minor
shareholders
Cash received as loans 174,784,468.30 130,000,000.00
Cash received from bond
placing
Other financing –related
2,850,000.00 1,500,000.00
ash received
Sub-total of cash inflow
2,850,000.00 1,007,384,464.00 961,099,995.70
from financing activities
Cash to repay debts 23,000,000.00 228,000,000.00 220,000,000.00
Cash paid as dividend,
582,381.94 4,472,782.50 3,113,580.00
profit, or interests
Incl: Dividend and profit
paid by subsidiaries to minor
shareholders
Other cash paid for
678,255.20 678,255.20
financing activities
Sub-total of cash outflow
23,582,381.94 233,151,037.70 223,791,835.20
due to financing activities
Net cash flow generated by
-20,732,381.94 774,233,426.30 737,308,160.50
financing
IV.Influence of exchange rate -374,945.39 28,752.35 -2,265.86
alternation on cash and cash
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Shenzhen Textile (Holdings) Co., Ltd. Quarterly Report for the Third Quarter of 2011 (Full text)
equivalents
V.Net increase of cash and
-83,695.16 143,185,214.17 672,154,235.25 436,781,649.50
cash equivalents
Add: balance of cash and
cash equivalents at the 417,686,594.80 84,353,357.87 101,340,314.95 19,539,632.30
beginning of term
VI. Balance of cash and cash
417,602,899.64 227,538,572.04 773,494,550.20 456,321,281.80
equivalents at the end of term
4.5 Auditor’ report
Auditor’s opinions: Not audited
This Report has been prepared in both Chinese and English. In case of any discrepancy, the Chinese version
shall prevail.
The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd.
October 26,2011
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