深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Stock code: 000045，200045 Stock Abbreviation: Shen Textile A ，Shen Textile B Announcement No.: 2012-35
Shenzhen Textile (Holding) Co., Ltd.
Summary of the Semi-Annual Report 2012
I．Important Notes
The board of directors and directors of the Company hereby guarantees that there are no false
records, 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.
Wang Bin, Chairman of the board, Zhu Jun,Geneal Manager and Liu Yi, Financial Manager
represent and warrant the financial and accounting report in the Semi-annual report is true and
complete.
All the directors attended the board meeting , at which the semi-annual report was examined.
The financial report of the semi-annual report has not been audited by the Certified Public Acc
ountants
II . Basic Information of the Company
（1）Company information
Stock abbreviation Shen Textile A, Shen Textile B
Stock code 000045、200045
Stock exchange for listing Shenzhen Stock Exchange
Secretary of the Board of Directors Securities affair representative
Name Chao Jin Jiang Peng
6/F, Shenfang Building, No.3 Huaqiang 6/F, Shenfang Building, No.3 Huaqiang
Contact address
North Road, Futian District, Shenzhen North Road, Futian District, Shenzhen
Tel 0755-83776043 0755-83776043
Fax 0755-83776139 0755-83776139
E-mail chaoj@chinasthc.com jiangp@ chinasthc.com
（II）Financial Highlights
1.Main accounting data and indices
If retrospective adjustment has been carried our on financial reports of previous periods.
□ Yes √ No
End of the report year
End of the previous year Increase /Decrease （％）
Total assets 1,854,637,919.22 1,808,226,905.67 2.57%
Owners’ equity attributable to shareholders 1,360,152,613.82 1,369,628,593.61 -0.69%
1
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
of the listed company
Stock capital （Shares） 336,521,849 336,521,849 0%
Net assets per share attributable to
shareholders of the listed 4.04 4.07 -0.74%
company(RMB/share)
Liability on asset ratio（%） 26.66% 24.26% 9.89%
Report term（Jan-June） Same period last year Increase /Decrease （％）
Operating Gross income 375,432,991.91 319,182,717.75 17.62%
Operating profit -20,784,519.82 25,179,211.88 -182.55%
Total profit -16,051,229.73 40,796,734.67 -139.34%
Net profit attributable to the shareholders
-18,736,243.07 32,363,976.69 -157.89%
of the listed company
Net profit after deducting of non-recurring
gain/loss attributable to the shareholders of -25,242,008.05 18,953,108.64 -233.18%
listed company
Basic gains per share(RMB/Share) -0.06 0.1 -160%
Diluted gains per share(RMB/Share) -0.06 0.1 -160%
Weighted average return on equity（%） -1.37% 2.38% -3.75%
Net income on asset, weighted and
-1.82% 1.39% -3.21%
deducted non-recurring gain/loss(%)
Net cash flow generated by business
-16,058,109.71 15,393,748.76 -204.32%
operation（RMB）
Net cash flow per share generated by
-0.05 0.05 -200%
business operation (RMB/Share)
Statement on the accounting data and financial indices at end of report term.
In the report period, Operating profit，Total profit，Net profit attributable to the shareholders of
the listed company，Net profit after deducting of non-recurring gain/loss attributable to the
shareholders of listed decreased 182.55%,139.34%,157.89% and 233.18% respectively，compared
to the same period of last year. the main reason is because the project“ on phase-I project of
polarizer sheet for TFT-LCD” on line 4 is trying to mass product; the related costs has increased，
cause the operation profit decreased significantly；Net cash flow per share generated by business
operation decreased 204.32%，compared to the same period of last year. the main reason is because
the project“ on phase-I project of polarizer sheet for TFT-LCD” on line 4 is trying to mass product，
the cost of purchasing raw materials, research and development cost, and other related costs
increased. because of the significant decrease of the operating profit，cause the significant decrease
on the gains per share，Basic earning per share after deducting of non-recurring gains/losses，Return
on Net Asset，Net cash flow per share generated by business operation as well.
2. Items of non-recurring gains and losses
√Applicable □Not applicable
Amount from the beginning
Items of non-recurring gains and losses of year to the end of report Remarks
period（RMB）
Gain/loss form disposal of non-current assets 31,003.41
Tax refund, deduction and exemption that is examined and
approved by authority exceeding or has no official approval
document.
Governmental Subsidy accounted as current gain/loss, 4,692,336.68 Including apportion of governmental
2
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
except for those subsidies at with amount or quantity fixed R&D subsidy of RMB 3,954,990.00
by the national government and closely related to the offered by Shenzhen Development and
Company’s business operation. Reform Commission, apportion of
national aid of RMB 500,000.00 for
special new-type panel display
industrialization project, apportion of
funds of RMB 100,000.00 supporting
demonstration project of technology
industrialization, apportion of discount of
RMB 96,822.24 for the loans extended
by Shenzhen Financial Bureau, apportion
subsidy of RMB 524.44 for purchasing
special equipment for environmental
protection in Longgang District,
Shenzhen and receipt of subsidy of RMB
40,000 jointly granted by Shenzhen
Market Administration and Municipal
Finance Commission for the
implementation of standardization
strategy in the current period.
Capital adoption fee collected from non-financial
organizations and accounted into current gain/loss
Gain/loss from differences between the cost of enterprise
merger and the fair value of recognizable net asset of the
invested entities
Gain/loss from non-monetary assets
Gain/loss from commissioned investment or assets
Asser impairment provisions provided for force-majeur
Gain/loss from debt reorganization
Enterprise reorganizing expenses, such as employee
placement fee and integration fee
Gain/loss from trade departing from fair value
Current net gain/loss of subsidiaries under same control
from beginning of term till date of consolidation
Gain/loss generated by contingent liabilities without
connection with main businesses
In addition to normal business with the company effective
hedging related business, holders of tradable financial The investment income from financial
assets, transactions and financial liabilities arising from assets available for sale is the income
changes in fair value gains and losses, as well as the 2,376,792.47 from the Company's sale of shares of
disposal of trading of financial assets, trading financial Shenzhen Victor Onward Textile
liabilities and available-for-sale financial assets gains return Industrial Co., Ltd.
on investment;
Restoring of receivable account impairment provision tested
individually
Gain/loss from commissioned loans
Gain/loss from change of fair value of investment property
measured at fair value in follow-up measurement
Influence of one-time adjustment made on current gain/loss
account according to the laws and regulations regarding
tax and accounting
Consigning fee received for cosigned operation
Net amount of non-operating income and expense except
9,950
the aforesaid items
Other gain/loss items satisfying the definition of
non-recurring gain/loss account
Influenced amount of minority shareholders’ equity
3
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Amount of influence of income tax 604,317.58
Total 6,505,764.98 --
3.Differenes in net profit and net asset under domestic and international accounting standards
□ Applicable√ Not applicable
4.Differences in net profit and net asset under domestic and overseas accounting standards
□ Applicable√ Not applicable
III. Particulars about the Changes of Share Capital and Shareholders
（I）Statement of changes in shares
□ Applicable√ Not applicable
（II）Top 10 shareholders and top 10 holders of unrestricted /current shares
Top 10 shareholders and top 10 holders of unrestricted shares
Total of shareholders 20,689
Top 10 shareholders
Share Frozen or pledged
Properties of Conditional
Name of the shareholder proportio Total shares
shareholder shares Status of shares Amount
n%
Shenzhen Investment State-owned legal
54.26% 182,611,460 37,634,408
Holdings Co., Ltd. person
Shenzhen Shenchao
State-owned legal
Technology Investment Co., 4.79% 16,129,032 16,129,032
person
Ltd.
Agricultural Bank of China
－China Post Preferred Other 1.1% 3,722,497 0
securities investment fund
Huabao trust Co., Ltd. Other 0.43% 1,457,000 0
Foreign Legal
Zheng Bangsheng 0.35% 1,203,800 0
person
Cai Zhihao Other 0.33% 1,137,928 0
Shenzhen Zhongnan
Society Legal per
Liankang Technology Co., 0.27% 916,603 0
son
Ltd.
Xiao Jingsong Other 0.25% 862,124 0
Foreign Legal
Xu Ruijiang 0.23% 791,688 0
person
CHINA OPPORTUNITIES Foreign Legal
0.21% 740,000 0
H-B FUND person
Top 10 holders of unconditional shares
Categories and amounts of shares
Name of the shareholder Unconditional shares
Categories Amount
Shenzhen Investment Holdings Co., Ltd. 144,977,052 A shares 144,977,052
Agricultural Bank of China－China Post 3,722,497 A shares 3,722,497
4
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Preferred securities investment fund
Huabao trust Co., Ltd. 1,457,000 A shares 1,457,000
Zheng Bangsheng 1,203,800 B shares 1,203,800
Cai Zhihao 1,137,928 A shares 1,137,928
Shenzhen Zhongnan Liankang Technology Co.,
916,603 A shares 916,603
Ltd.
Xiao Jingsong 862,164 A shares 862,164
Xu Ruijiang 791,688 B shares 862,164
CHINA OPPORTUNITIES H-B FUND 740,000 B shares 740,000
Bank of China－Huabao Xingye Select
685,454 A shares 685,454
securities investment fund
The shareholders holds more than 5% is Shenzhen Investment Holdings Co.,
Ltd，In the report period, the shares they hold of the company have no changed,
pledged or frozen or managed. The Chinese legal person Shenzhen
Shenchao Technology Investment Co., Ltd. is a 100%
subsidiary of Shenzhen Investment Holding Co., Ltd, which
Notes to the related relationship between the top thus is a person acting in concert. There is no affiliation
ten shareholders or their concerted action:
among the other state-owned legal persons as a shareholder.
Except this, the Company does not know whether there is
relation between social public shareholders or whether they
are persons taking concerted action defined in Regulations on
Disclosure of Information about Shareholding of
Shareholders of Listed Companies.
（III）Change of controlling shareholder and substantial controller
□ Applicable√ Not applicable
IV. Particulars about the Directors, Supervisors, and senior executives
The changes of holding shares of the directors, supervisors and senior executives
The
Number of The increased Of which: the
decreased Number of Final
shares held at number of number of
number of shares held at numbers of Reason for
Name Position the shares on the restricted
shares on the the year-end stock options change
year-begin report period stocks held
report period (shares） held（Shares）
（shares） （Shares） （Shares）
（Shares）
Board
Wang Bin 0 0 0 0 0 0
chairman
Director,
Zhu Jun General 0 0 0 0 0 0
Manager
Gao
Director 0 0 0 0 0 0
Guoshi
Wang
Director 0 0 0 0 0 0
Yongjian
Independent
Zhang Yong 0 0 0 0 0 0
director
Independent
Shi Weihong 0 0 0 0 0 0
director
Independent
Yang Shibin 0 0 0 0 0 0
director
Xiang Dong Director, 0 0 0 0 0 0
Chief
5
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
financial
officer
Xu Shiying Director 0 0 0 0 0 0
Chairman of
Wang
Supervisory 0 0 0 0 0 0
Junzhao
committee
Li Wei Supervisor 0 0 0 0 0 0
Zhou
Supervisor 7,050 0 0 7,050 5,288 0
Meirong
Deputy
Feng Junbin General 0 0 0 0 0 0
Manager
Deputy
Zhang Hong General 0 0 0 0 0 0
Manager
Deputy
Zhu Meizhu General 93,000 0 0 93,000 69,750 0
Manager
Deputy
General
Chao Jin Manager, 0 0 0 0 0 0
Board
secretary
Manager of
Liu Yi 0 0 0 0 0 0
Financial
V. Report of the Board of Directors
（I）The Status of key business in terms of industry and product of business.
Unit ：RMB
In terms of business line
Change of
Increase/decr Increase/decr Gross profit
Income from Cost of key Gross profit ease of key ease of key rate over the
On industry
key business business rate（％） business business cost same period
turnover（％） （％） of last year
（％）
Domestic and
213,519,544.58 212,411,433.49 0.52% 59.8% 59.76% 6.12%
foreign trade
Manufacturing 120,665,885.03 110,805,119.98 8.17% -18.91% -5.04% -62.14%
Lease and
Management of 39,288,424.66 11,402,312.4 70.98% 12.49% 17.52% -1.72%
Property
In terms of product
Change of
Increase/decr Increase/decr gross profit
On Income from Cost of key Gross profit ease of key ease of key rate over the
production key business business rate （％） business business cost same period
turnover（％） （％） of last year
（％）
6
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Income from
Lease and
39,288,400 11,402,300 70.98% 12.49% 17.52% -1.72%
Management of
Property
Income from
22,170,300 17,774,200 19.83% -39.21% -37.55% -9.7%
textile
Income from
Polarizer 98,495,600 93,030,900 5.55% -12.32% 5.44% -74.14%
sheet
Income from
213,519,500 212,411,400 0.52% 59.8% 59.76% 6.12%
Trading
Description for the reasons of greater rise or fall range in gross profit rate year-over-year:
The gross profit rate in the manufacturing is down 62.14% year-over-year, which is mainly due to
the declined gross profit rate of Shenzhen Shengbo Optoelectronics Technology Co., Ltd. and
Shenzhen Beauty Garment Co., Ltd., subsidiaries wholly owned by the company:
（1）Shengbo optoelectronic is a wholly-owned subsidiary, engaged in development, production,
processing and dealing in polaroids and the materials and components of LCD display. In the report
period,the gross profit rate of TN-STN products LCD polarizer is 21.5% and over a little change ye
ar-over-year. The gross profitis subjected to the main reason of rate reduced significantly is that the
4th line of "Project 1 of TFT-LCD Polarizer" has started the trial production, which requires the eq
uipment to continuously operate for a long time in order to check the stability of equipment and pro
ducts, and continually improve and optimize the devices and artwork according to the product status
, which causes the increase of membrane materials consumed and the significant rise of the costs an
d line 4 TFT-LCD Polaroid products are currently on downstream product certification Panel plant s
tage, had not yet yielded income. cause the gross profit rate of the whole polarizer business is down
15.91% year-over-year.
the company Polaroid business gross profit rate is expected to gradually rise after line 4 is being offi
cial postpartum. rate
(2) Shenzhen Beauty Garment Co., Ltd , a wholly-owned subsidiary of the company, which is
dedicated to production and processing of the fully fashion seamless knitwear. During the reporting
period, the gross profit rate of fully fashion knitwear is 19.75%, down 3.49% year-over-year. Due to
the continual downturn in the international market and considerable reduction in export orders, the
income of export products in the first half year is down 64.36% year-over-year. Therefore, the
company makes efforts to develop the domestic market and strengthen the cooperation with the
well-known brands manufacturers because of the slump of export market, and achievements have
been made in development of the domestic market with an increase of 52.05% year-over-year. But
the orders in international market have a sharp decrease, which can't be fully offset by the increase
in domestic market, so that the capacity utilization is declining and the unit cost is rising.
（II）Main operation in terms of areas
Unit ：RMB
Increase/decrease of income
Area Income from key business
（％）
Mainland China 122,758,230.83 -8.79%
Overseas 250,715,623.44 37.18%
7
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
（III）Reasons for the material change of key business and its structure
□ Applicable√ Not applicable
(IV)Reasons for the material change of the profitability ( gross profit rate) of the key business
compared with the previous year
√Applicable □Not applicable
In the report period, The gross profit rate of TN-SIN products is over a little change
year-over-year, due to the 4th line of “ project 1 of TFT-LCD polarizer” has started the trial
production, which requires the equipment to continuously
operate for a long time in order to check the stability of equipment and products, and continually im
prove and optimize the devices and artwork according to the product status, which causes the increa
se of membrane materials consumed and the significant rise of the costs and line 4 TFT-LCD Polaro
id products are currently on downstream product certification Panel plant stage, had not yet yielded
income. cause the gross profit rate of the whole polarizer business is down 15.91% year-over-year.
the company Polaroid business gross profit rate is expected to gradually rise after line 4 is being offi
cial postpartum.
（V）Analysis of the reasons for the material change of profit structure compared with the
previous year
√Applicable □Not applicable
The composition of the Company's total profit for the report period: Relevant expenses increased
after trial batch production of line 4 of phase-I project of polarizer sheet for TFT-LCD and line 4
suffered a loss of RMB 38.5222 million in the report period. As a result, total profit decreased by
big margin year on year. In addition, in the same period of previous year, the Company recognized
non-operating income of RMB 10.55 million due to the implementation of debt reorganization plan
by Guangdong Sun Rise Group Co., Ltd. Excluding the influence of these two noncom parable
factors on total profit, the profit made by industrial enterprises accounted for 43.26% of comparable
total profit, which decreased 6.77% by year on year. The profit from property lease and
management accounted for 54.39% of total profit, which increased by 6.17% year on year. The
profit from trade accounted for 2.35% of the total profit, which increased by 0.59% year on year.
（VI）Usage of financing proceeds
1.Comparison of usage of financing proceeds
√Applicable □Not applicable
Unit：RMB’0000
Total of proceeds 82,876.8 Total of
proceed
s put
into
Total of proceeds changed to other use in the investm 8,517.71
0 ent in
report term
the
report
term
Accumulated proceeds changed to other use 0 Total of
proceed
% of accumulated proceeds changed to other s 74,355.43
0% investm
use
ent
8
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
If Investme
Date
investme Total of Accumul nt
Total Amount
nt project proceeds ated progress when the
Project promised to be investme invested project Gains in Major
changed to be investme at end of Gains as
invested by the nt after this become the report change in
(includin invested nt at end report expected?
proceeds adjustme report useable term feasibility?
g as of report term
nt(1) term as
partially proposed term (2) (%)(3)＝
proposed
change) (2)/(1)
Project set by the
prospectus
Line
4:April Not
Phase-I project of
2012;
polarizer sheet for No 82,876.8 82,876.8 8,517.71 74,355.43 89.72%
Line 5:
0 applica No
TFT-LCD
Septembe ble
r 2012
Subtotal of investment
promised
- 82,876.8 82,876.8 8,517.71 74,355.43 - - 0 - -
Investment project of
premium surplus
Repaying of bank loans
- - - - -
（If any）
Used as current
- - - - -
capital(if any)
Subtotal of premium
- - - - -
proceeds
Total - 82,876.8 82,876.8 8,517.71 74,355.43 - - - -
Analysis For Failure To The company has a schedule to change the narrow bound of production line to the wide one, but it is
Reach The Planned
unsuccessful, which influences the construction progress of the narrow lines. (Refer to No.
Schedule And Earnings
（Specific Projects） 2011-14,2011-19 and 2011-22 Announcement of the Company for details)
Notes to significant □applicable √ not applicable
change in feasibility of
the project
Amount, application □applicable √ not applicable
and application
progress of the
unbooked proceeds
About the change of □applicable √ not applicable
the implementation site
of the projects invested
with the proceeds □ Occurred in the report period □Occurred in previous years
About the change of □applicable √ not applicable
the implementation
method of the projects
invested with the □ Occurred in the report period □Occurred in previous years
proceeds
About the initial √ Applicable □ Not applicable
investment in the
projects planned to On September 7, 2010,
be invested with the the company used RMB 101.8399 million of raise funds to replace the amount of invested in
proceeds and the advance self-financing funds.( (Refer to No. 2011-37 Announcement of the Company for
replacement details
Using the idle proceeds The idle funds-raised are used to temporarily supplement the current funds of RMB 80 million on August 18,
to supplement the
2010, and which has been returned to the special account of funds-raised in February 18, 2011. .( (Refer to
working capital on
temporary basis No. 2011-03Announcement of the Company for details)
9
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
The idle funds-raised are used to temporarily supplement the current funds of RMB 80 million on February
22, 2011, and which has been returned to the special account of funds-raised in August 20, 2011.. (Refer to
No. 2011-30 Announcement of the Company for details)
Balance of the
proceeds in process of □applicable √ not applicable
project implementation
and the cause
About application and
status of the proceeds It will be fully used in committed investment project.
unused
Problems existing in
application of the
proceeds and the None
information disclosure
or other issues
2.Statement on change of projects invested with financing proceeds
□applicable √ not applicable
（VII）Revising of business plan for the second half of year by the Board
□applicable √ not applicable
（VIII）Prediction of business performance in Jan-Sept 2012
Alert of loss or significant change in net profit from the beginning of year to the end of next report period or
comparing with the same period of last year, and statement of causations.
√ Applicable □ Not applicable
Type of date filled for the prediction
□ Actual figures √ interval figures
Same period of
Year beginning to end of next
the previous Increase or decrease%
report period
year
Estimated amount of
□ -- □ Increase √
accumulative net -11,000 -- -9,000 4,268 -358% -- -311%
Decrease
profit(RMB’0000)
Basic earnings per shares □ -- □ Increase √
-0.33 -- -0.27 0.13 -354% -- -308%
(Yuan/share) Decrease
No.4 production line of phase-I project of polarizer sheet for TFT-LCD of the Compa
ny is still in the stage of trial production level 2. As testing the stability of the device t
echnics,will be produced stably , according to the feedback of the customers，
the adjustment and optimization of processes, raw material cost increased than before
.Due to the high price of raw materials, a substantially increase in the cost, it is expect
ed that company will accumulatively losses on net profit of RMB 90 - 110 million. in
Notes to forenotice of
earnings the next report period. The Company has taken effective measures in respect of raw
material cost control, shortening of time for product certification and improvement, p
otential tapping and efficiency enhancement, trying to reduce cost and decrease loss.
The data disclosed in 2012 third quarter report of the Company shall prevail. The
estimated earnings have not been pre-audited by certified public accountants.
（IX）Statement of the Board on the “non-standard auditors’ report ”issued by the CPA on
the current report period.
□applicable √ not applicable
10
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
（X）Statement of the Board on the variation and treatment of events that involved in the
“non-standard auditors’ report” issued by the CPA on previous fiscal year
□applicable √ not applicable
VI. Important Events
（1）Acquisition , disposal, or reconstruction of assets
1.Acquisition of assets
□applicable √ not applicable
2.Disposal of assets
□applicable √ not applicable
3.Since releasing of capital reconstruction report or asset acquisition or disposal report, their
progress and influences on the business performance and financial positions.
□applicable √ not applicable
（II）Guarantee Events
√Applicable □Not applicable
Unit：RMB’0000
External Guarantee (Exclude controlled subsidiaries)
Guarante
Relevant e
Date of
disclosure Complete for
happening Actual
Name of the date/No. of Amount of Guarantee Guarantee implemen associate
(Date of mount of
Company the Guarantee type term tation d
signing guarantee
guaranteed or not parties
agreement)
amount (Yes or
no)
Total of external guarantee Total of actual external
0 0
approved in Period(A1) guarantee in Period(A2)
Total balance of actual
Total of external guarantee
0 external guarantee at 0
approved at Period-end(A3)
Period-end(A4)
Guarantee of the Company for the controlling subsidiaries
Guarante
Relevant e
Date of Complete
disclosure for
Name of the Amount happening Actual implemen
date/No. of Guarantee Guarantee associate
Company of (Date o mount of tation
the type term d
guaranteed guarantee signing guarantee or
guaranteed parties
agreement) not
amount (Yes or
no)
Shenzhen
Shengbo Not happen Guarantee
June
Optoelectronic 19,2012
11,500 yet 0 d 12 months No No
Technology
Co., Ltd.
11
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Shenzhen
Shengbo Not happen Guarantee
June
Optoelectronic 19,2012
20,000 yet 0 d 12 months No No
Technology
Co., Ltd.
Total of actual guarantee
Total of guarantee for subsidiaries
31,500 for subsidiaries in the 0
approved in the Period (B1)
Period (B2)
Total of actual guarantee
Total of guarantee for subsidiaries
31,500 for subsidiaries at 0
approved at Period-end (B3)
Period-end (B4)
Total of Company’s guarantee（namely total of the large two aforementioned）
Total of actual guarantee in
Total of guarantee in the Period
31,500 the Period 0
(A1+B1)
(A2+B2)
Total of actual guarantee at
Total of guarantee at Period-end
31,500 Period-end 0
(A3+B3)
(A4+B4)
The proportion of the total amount of actually
guarantee in the net assets of the Company(that is A4+ 0%
B4)
Including：
Amount of guarantee for shareholders, actual controller and its
0
associated parties(C)
The debts guarantee amount provided for the
Guaranteed parties whose assets-liability ratio exceed 0
70% directly or indirectly(D)
Proportion of total amount of guarantee in net assets of
0
the Company exceed 50%(E)
Total guarantee amount of the abovementioned
0
guarantees(C+D+E)
Explanations on possibly bearing joint and several Not applicable
liquidating responsibilities for undue guarantees
Remarks on illegal providing of external guarantee Not applicable
（III）Non-current creditor’s rights with related parties
√Applicable □Not applicable
Unit：RMB’0000
The Company’s financing to related parties Financing of related parties to the Company
Related parties
Transaction amount Balance Transaction amount Balance
Shenzhen Tianlong Industry Trading
68.64
Co., Ltd.
Shenzhen Dailishi Underwear Co.,
-81 -54.42
Ltd.
Jordan Garment Factory -18.39 0.00
Shenzhen Xieli Automobile Co., Ltd -16.93 0.00
Anhui Huapeng Textile Co., Ltd. -180.00 0.00
12
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Shenzhen Zhongxing Fibre folds
-61.88 0.00
cotton Clothing ornament Co., Ltd.
Shenzhen Xinfang Knitting Co., Ltd. 21.68
Shenzhen Xiangjiang Leather
24.00
Produce Co., Ltd
Shenzhen Changlianfa Printing &
-5.46 75.25
dyeing Company
Shenzhen Hengseng Investment
136.79
Company
Shenzhen Haohao Property Leasing
340.39
Co., Ltd
Total -358.2 14.22 -5.46 598.11
（IV）Material lawsuit or arbitration
□applicable √ not applicable
（V）Influence and resolutions of other material events
√Applicable □Not applicable
1.Securities investment
□applicable √ not applicable
2.Holding of other PLC’s shares
√Applicable □Not applicable
Profit
s or
Subject
losse Changes of
Proportion of
Stock Initial Book value s in owners’
Stock of accounti
abbreviati investment at the equity in the Resource of share
code shareholdi ng
on amount period-end repor report
ng calculati
t period
on
perio
d
Financial
ST Victor Sponsor shares
00001 11,356,638. 54,720,892. 32,867,334. assets
Onward 5.46%
8 86 48 53 available
A
for sale
Financial Debt restructuring repayment of s
*ST
00003 9,847,598.3 8,635,021.0 assets
0
Sengrun
1
0.34%
8
-305,577.23
available
hares
A
for sale
21,204,237. 63,355,913. 32,561,757.
Total -- -- --
17 56 3
3. The Situations of Funds Occupied and Progress of Debts Paid during the Reporting Period
In the report period, The Company made more efforts to recover funds occupied by related
parties and recovered the funds owed by Shenzhen Xieli Automobile Enterprise Co., Ltd., Jordan
Garment Manufactory and Shenzhen Zhongxing Fibre Folds Cotton Clothing Ornament Co., Ltd.
So far, Shenzhen Tianlong Industrial and Trading Co., Ltd. is the only related party that is
occupying the Company's funds for non-operating purposes. This company established a liquidation
team and entered liquidation procedure in 2009. The liquidation is expected to be completed in the
third quarter of 2012.
The Responsibility Claim Scheme Proposed by the Board of Directors for the Debts Paid of
Non-Operation Occupied Funds Uncompleted by Listed Company by the End of the reporting
period
□applicable √ not applicable
13
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
4.Fulfilling of commitment issues
Commitment made by the PLC, Its directors, supervisors, executives, and shareholders with 5%
over shares of the Company , and its substantial dominator in the report term or carried over to the
report term :
√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 to sell the
Promise in Shenzhen
shares through the securities exchange system in the future, and the decrease of the
share holding Investment Under
shares they hold reaches 5% within 6 months after the first decrease, they will
structure Holdings Co., Fulfillment
disclose an announcement indicating the sale through the company within two
reform Ltd.
trading days before the first decrease; ii. 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.
Shenzhen Investment Holdings Co., Ltd. signed a “Letter of Commitment and
Statement on Horizontal Competition Avoidance” when the company issued
non-public stocks in 2009. 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 competition with Shenzhen Textile; if the operations of Shenzhen
Investment Holdings Co., Ltd. and its wholly owned subsidiaries, subsidiaries under
control or other companies that have actual control of it 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
Commitments Shenzhen Textile, Shenzhen Textile shall have priority. The commitments during the
Investment Under
made in period non-public issuance in 2012: 1. Shenzhen Investment Holdings, as the
Holdings Co., Fulfillment
issuing controlling shareholder of Shenzhen Textile, currently hasn't the production and
Ltd.
business activities of inter-industry competition with Shenzhen Textile or its
share-holding subsidiary. 2. Shenzhen Investment Holdings and its share-holding
subsidiaries or other enterprises owned the actual control rights can't be directly and
indirectly on behalf of any person, company or unit to engage in the same or similar
business in any districts in the future by the form of share-holding, equity
participation, joint venture, cooperation, partnership, contract, lease, etc., and ensure
not to use the controlling shareholder's status to damage the legitimate rights and
interests of Shenzhen Textile and other shareholders, or to gain the additional
benefits. 3. If there will be the situation of inter-industry competition with Shenzhen
Textile for Shenzhen Investment Holdings and its share-holding subsidiaries or
other enterprises owned the actual control rights in the future, Shenzhen Investment
Holdings will promote the related enterprises to avoid the inter-industry competition
through the transfer of equity, assets, business and other ways. 4. Above
commitments will be continuously effective and irrevocable during Shenzhen
Investment Holdings as the controlling shareholder of Shenzhen Textile or
indirectly controlling Shenzhen Textile.
5.Profit distribution or capitalizing of reserves proposed by the Board.
□applicable √ not applicable
6. Other misc. income subjects
Unit：RMB
Items Occurred current term Occurred in previous term
14
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
1．Gains(losses)from sellable financial assets 13,436,517.7 -4,748,623.88
Less：Income tax influence of sellable financial assets 3,506,504.42 -1,074,410.15
Net amount written into other gains and transferred into gain/loss in
669,750 978,174.72
previous terms
Subtotal 9,260,263.28 -4,652,388.45
2．Shares in the other misc. income subjects in the investee on equity
basis
Less：income tax influence of shares in other gains of investees on
equity basis
Net amount written into other gains and transferred into gain/loss in
previous terms
Subtotal
3．Amount of gains(or losses) from cash flow hedge instrument
Less: Income tax influence of cash flow hedge instruments
Net amount written into other gains and transferred into gain/loss in
previous terms
Adjusted amount transferred to initial amount of the target project
Subtotal
4．Difference from translating of foreign currency financial statements
Less: Net amount of disposing overseas Business and transferred to
current gain/loss
Subtotal
5．Other
Less：Income tax influence by other accounted into other misc. incomes
Net amount accounted into other misc. income and transferred into
current gain/loss in previous terms
Subtotal
Total 9,260,263.28 -4,652,388.45
7. Other subjects
(1) Non-public issuance in 2012
On February 10, 2012,The 18th meeting of the fifth board of directors of the Company examined
and adopted the Proposal Concerning the Company's Private Issue of Shares to Specific Investors in
2012. The Company planned to privately issue not more than 170 million shares to not more than
10 specific investors at the price of RMB 8.80 per share. The total amount of raised proceeds does
not exceed RMB 1470.93 million, which will be completely used for increasing the capital of
Shenzhen Shengbo Optoelectronic Technology Co., Ltd., a wholly-owned subsidiary, to construct
the phase-II project of polarizer sheet for TFT-LCD. This project will construct two production
lines of polarizer sheet for TFT-LCD with breadth of 1490mm( Announcement No.:2012-3).
On March 1, 2012，Shengbo Optoelectronic obtained Notice of Putting Social Investment Projects
issued by Shenzhen Development and Reform Committee( Announcement No.:2012-6).
On March 14, 2012，The Company obtained the Approval of the Issues Concerning Private Issue of
Shares by Shenzhen Textile from State-owned Assets Regulatory Commission under Shenzhen
Municipal People's Government( Announcement No.:2012-7).
The first Provincial provisional Shareholders' Meeting in 2012 of the company has passed the
items of non-public issue of shares to the special investors on April 13, 2012( Announcement
15
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
No.:2012-14).
On May 9, 2012, the company has received the "CSRC's Acceptance Notice of Administrative
Licensing Application" (No. 120702), and CSRC has conducted acceptance and examination on the
administrative licensing application materials of the "Non-Public Issue of Shares by Listed
Companies" of the company. If the application materials are full and in compliance with the
statutory form, the administrative licensing application will be accepted( Announcement
No.:2012-17).
(2) Changes of Business Scope
The business scope of the company is changed to "production, textiles processing, knitwear,
clothing, upholstery fabrics, belts, trademark bands, handicrafts (without restrictions); general
merchandise, the special equipment of the textile industry, textile equipment and accessories,
instruments, standard parts, raw textile materials, dyes, electronic products, chemical products,
mechanical and electrical equipment, light industrial products, office supplies and domestic trade
(excluding the franchise, the control and the monopoly of goods) ; operation of import and export
business." after approval of Shenzhen Market Supervisory Authority on July 17, 2012.
(3) The Fire Accident in Longhua Plant
Afternoon on July 24, 2012, a fire accident has occurred on the equipment of pretreatment
process working station at the 3rd production line in the first floor of the Longhua plant of
Shenzhen SAPO Photoelectric Co., Ltd., a wholly-owned subsidiary of the company. No casualty
but the production is suspended temporarily. There is the initial estimation that the accident will
cause RMB30 million of the annual business income decreased and RMB3.5 million of the business
profits reduced in 2012. After the fire accident, the company has immediately launched the
emergency plan, set up a on-the-spot command spot to verify the cause of the accident and
implement measures for the resumption of production, and strive to resume the production as soon
as possible (details please see the Announcement 2012-32).
Shengbo Optoelectronic has three plants. Tianjian plant has one production line (Line 1), which
mainly produces TN polarizer; Longhua plant has two production lines, of which, Line 2 produces
TN/STN polarizer, and Line 3 produces the width of 650mm TFT and TN/STN polarizer; and
Pingshan plant has two production lines (Line 4 with the width of 1490mm and Line 5 with
650mm), which mainly produces TFT polarizer.
At present, Tianjian plant and Pingshan plant operate normally. The fire accident hasn't impact
on Project 1 of TFT-LCD polarizer (Line 4 and Line 5) in Pingshan plant, and the plan of Project 2
(Line 6 and Line 7). The company has made overall arrangement of resumption of production and
operation for Longhua plant of Shenzhen SAPO Photoelectric Co., Ltd., and is cleaning in the
workshop and repairing the damaged equipment at present. At the same time, strengthen the
communication with customers and the stability of customers, and use the production capacity of
Tianjian plant and Pingshan plant to make up that of production stop in Longhua plant.
（VI）The registration form of acceptance of investigation, communication and interview in
the report period for future reference
Content of discussion and
Date Place Mode Type Visitor
materials provided
February 9,2012 The Company Investigation Organization Guangfa Fund Get the idea of the i
16
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
nformation of the te
am,the requirement
of the good rates，
research and develo
pment of Polarizer
project.
Zhongshan
Securities ,
Dongguan
Securities , First Get the idea of trying t
Capital , Minshen o mass produce of line
February 20,2012 The Company Investigation Organization Investment ,China 4 of phase-I project of
Southern polarizer sheet for TF
Fund ,Dacheng T-LCD
Fundm Guangfa
Securities and
CIFM
China Merchants
Get the idea of trying t
Securities , Capital o mass produce of line
Synergy ,Donggua 4 of phase-I project of
April 17,2012 The Company Investigation Organization
n Securities and polarizer sheet for TF
China Investment T-LCD
Securities
Get the idea of the i
China Merchants
May 17,2012 The Company Investigation Organization
Banks VIP nformation of the P
olarizer
Get the idea of the
business and
June 19,2012 The Company Investigation Organization Huaxia Fund development of
Polarizer sheet
project.
Get the idea of the
Had contacted by tel business and
ephone for several ti
January-June 2012 The Company mes Individual Individual development of
Polarizer sheet
project
VII. Financial Report
(I)Auditor's report
If the interim report is audited
□ Yes v No
(II)Financial statements
Consolidated or not：
√Yes □ No
1. Consolidated Balance sheet
Prepared by:：Shenzhen Textile (Holdings) Co., Ltd.
Unit：RMB
Items Notes Year-end balance Year-beginning balance
Current asset：
Monetary fund 355,092,917.42 468,879,357.7
17
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 7,017,560.61 10,432,562.82
Account receivable 65,661,291.99 56,969,205.31
Prepayments 12,953,644.67 13,018,880.05
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Interest receivable
Dividend receivable
Other account receivable 33,903,605.53 20,736,467.89
Repurchasing of financial
assets
Inventories 79,199,714.13 71,575,724.23
Non-current asset due in 1
year
Other current asset
Total of current assets 553,828,734.35 641,612,198
Non-current assets：
Loans and payment on
other’s behalf disbursed
Disposable financial asset 63,355,913.56 52,272,895.86
Expired investment in
possess
Long-term receivable
Long term share equity
47,615,721.11 47,316,633.57
investment
Property investment 158,210,179.53 161,658,463.35
Fixed assets 911,575,652.57 504,127,839.36
Construction in progress 54,791,026.04 334,788,805.45
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 45,531,812.25 46,568,689.89
R & D petrol
Goodwill 9,614,758.55 9,614,758.55
Long-germ expenses to be
1,295,568.95 1,625,608.41
amortized
Differed income tax asset 8,818,552.31 8,641,013.23
Other non-current asset
Total of non-current assets 1,300,809,184.87 1,166,614,707.67
18
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Total of assets 1,854,637,919.22 1,808,226,905.67
Current liabilities
Short-term loans
Loan from Central Bank
Deposit received and hold for
others
Call loan received
Trade off financial liabilities
Bill payable
Account payable 62,586,615.52 40,064,666.59
Advance payment 18,919,751.4 15,512,620.9
Selling of repurchased
financial assets
Fees and commissions
receivable
Employees’ wage payable 18,953,690.47 21,718,286.71
Tax payable -44,874,757.09 -20,266,912.29
Interest payable 10,500,959.08 5,546,514.63
Dividend payable
Other account payable 164,317,721.54 122,417,628.78
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1
year
Other current liability
Total of current liability 230,403,980.92 184,992,805.32
Non-current liabilities：
Long-term loan 200,000,000 200,000,000
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 10,931,757.09 7,845,002.67
Other non-current liabilities 53,149,567.39 45,760,504.07
Differed income 264,081,324.48 253,605,506.74
Total of liability 494,485,305.4 438,598,312.06
Owners’ equity
Share capital 336,521,849 336,521,849
Capital reserves 823,801,152.58 814,540,889.3
Less：Shares in stock
Special reserves
19
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Surplus reserves 35,912,706.22 35,912,706.22
Common risk provision
Undistributed profit 163,916,906.02 182,653,149.09
Different of foreign currency
translation
Total of owner’s equity belong to
1,360,152,613.82 1,369,628,593.61
the parent company
Minority shareholders’ equity
Total of owners’ equity 1,360,152,613.82 1,369,628,593.61
Total of liabilities and owners’
1,854,637,919.22 1,808,226,905.67
equity
2. Balance sheet of the Parent Company
Unit：RMB
Items Notes Year-end balance Year-beginning balance
Current asset：
Monetary fund 30,852,896.74 133,011,826.29
Trading financial assets
Bill receivable 1,400,000
Account receivable 80,052.15 323,582.19
Prepayments 1,716,180 1,719,680
Interest receivable
Dividend receivable
Other account receivable 12,357,812.65 13,020,387.68
Inventories
Non-current asset due in 1
year
Other current asset
Total of current assets 46,406,941.54 148,075,476.16
Non-current assets：
Disposable financial asset 63,355,913.56 52,272,895.86
Expired investment in
possess
Long-term receivable
Long term share equity
1,064,255,838.91 955,793,681.34
investment
Property investment 148,486,127.15 151,665,495.95
Fixed assets 32,531,810.3 33,578,271.19
Construction in progress 7,053,420.19 4,664,276.19
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 1,178,524.52 1,373,482.16
20
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
R & D petrol
Goodwill
Long-germ expenses to be
amortized
Differed income tax asset 5,063,360.28 5,148,905.27
Other non-current asset
Total of non-current assets 1,321,924,994.91 1,204,497,007.96
Total of assets 1,368,331,936.45 1,352,572,484.12
Current liabilities
Short-term loans
Trade off financial liabilities
Bill payable
Account payable 524,843.57 1,388,181.57
Advance payment 639,024.58 639,024.58
Employees’ wage payable 4,203,330.98 5,606,640.12
Tax payable 1,283,171.07 3,661,093
Interest payable
Dividend payable
Other account payable 69,395,823.07 68,280,337.84
Non-current liability due in 1
year
Other current liability
Total of current liability 76,046,193.27 79,575,277.11
Non-current liabilities：
Long-term loan
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 10,853,919.09 7,767,164.67
Other non-current liabilities
Total of Non-current liabilities 10,853,919.09 7,767,164.67
Total of liability 86,900,112.36 87,342,441.78
Owners’ equity
Share capital 336,521,849 336,521,849
Capital reserves 815,218,170.79 805,957,907.51
Less：Shares in stock
Special reserves 0
Surplus reserves 35,912,706.22 35,912,706.22
Undistributed profit 93,779,098.08 86,837,579.61
Different of foreign currency
translation
Total of owners’ equity 1,281,431,824.09 1,265,230,042.34
21
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Total of liabilities and owners’
1,368,331,936.45 1,352,572,484.12
equity
3. Consolidated Profit statement
Unit：RMB
Items Notes Report period Same period of the previous year
I. Income from the key business 375,432,991.91 319,182,717.75
Incl：Business income
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 400,741,324.31 297,505,664.4
Incl：Business cost 336,576,764.17 261,172,573.17
Interest expense
Fee and commission paid
Insurance discharge
payment
Net claim amount paid
Insurance policy dividend paid
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 3,933,220.4 3,553,081.05
Sales expense 3,823,373.24 3,444,774.44
Administrative expense 52,925,299.5 30,654,365.07
Financial expenses 1,070,421.02 -4,343,761.14
Asset impairment loss 2,412,245.98 3,024,631.81
Add：Gains from change of
fir value （“-”for loss）
Investment gain（“-”for loss） 4,523,812.58 3,502,158.53
Incl: investment gains from
299,087.54 97,453.88
affiliates
Gains from currency
exchange（“-”for loss）
III. Operational profit（“-”for -20,784,519.82 25,179,211.88
loss
Add：Non-business income 4,743,336.68 15,619,413.07
Less：Non business expenses 10,046.59 1,890.28
Incl：Loss from disposal of 9,996.59
non-current assets
IV.Total profit(“-”for loss) -16,051,229.73 40,796,734.67
Less：Income tax expenses 2,685,013.34 8,432,757.98
V. Net profit（“-”for net loss -18,736,243.07 32,363,976.69
22
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Including: Net profit realized by
the entity taken over before the
takeover
Net profit attributable to the
-18,736,243.07 32,363,976.69
owners of parent company
Minority shareholders’
equity
VI. Earnings per share： -- --
（I）Basic earnings per share -0.06 0.1
(II)Diluted earnings per share -0.06 0.1
VII. Other comprehensive income 9,260,263.28 -4,652,388.45
VIII. Total comprehensive income -9,475,979.79 27,711,588.24
Total comprehensive income
attributable to the owner of the -9,475,979.79 27,711,588.24
parent company
Total comprehensive income
attributable minority shareholders
Enterprise combination under same controlling at the end of current period. the net profit for the
enterprise to be combined is 0.00.
4. Profit statement of the Parent Company
Unit：RMB
Items Notes Report period Same period of the previous year
I. Income from the key business 28,206,871.07 27,412,012.19
Incl：Business cost 6,458,435.54 5,806,617.39
Business tax and surcharge 2,483,215.3 2,426,440.81
Sales expense
Administrative expense 15,163,331.76 13,462,239.34
Financial expenses -295,713.66 -4,084,479.09
Asset impairment loss -342,179.97 -146,202.21
Add：Gains from change of
fir value （“-”for loss）
Investment gain（“-”for loss） 3,980,880.01 2,960,216.9
Incl: investment gains from
299,087.54 97,453.88
affiliates
III. Operational profit（“-”for 8,720,662.11 12,907,612.85
loss
Add：Non-business income 10,919,223.05
Less：Non business expenses 88.28
Incl：Loss from disposal of
non-current assets
IV.Total profit(“-”for loss) 8,720,662.11 23,826,747.62
Less：Income tax expenses 1,779,143.64 5,293,501.14
V. Net profit（“-”for net loss） 6,941,518.47 18,533,246.48
23
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
VI. Earnings per share： -- --
（I）Basic earnings per share 0.02 0.06
(II)Diluted earnings per share 0.02 0.06
VII. Other comprehensive income 9,260,263.28 -4,652,388.45
VIII. Total comprehensive income 16,201,781.75 13,880,858.03
5. Consolidated Cash flow statement
Unit ：RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
319,936,145.69 311,780,179.42
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 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 24,564,034.8 23,683,459.82
Other cash received from
19,524,512.16 10,039,737.1
business operation
Sub-total of cash inflow 364,024,692.65 345,503,376.34
Cash paid for purchasing of
297,282,377.33 259,863,190.15
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
24
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for
36,873,269.19 33,599,761.08
staffs
Taxes paid 20,257,096.42 18,805,471.26
Other cash paid for business
25,670,059.42 17,841,205.09
activities
Sub-total of cash outflow
380,082,802.36 330,109,627.58
from business activities
Cash flow generated by business
-16,058,109.71 15,393,748.76
operation, net
II.Cash flow generated by
investing
Cash received from investment
3,640,792.47 1,957,406.46
retrieving
Cash received as investment
1,210,300 1,654,292.08
gains
Net cash retrieved from
disposal of fixed assets, intangible 541,400 64,494
assets, and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Net cash received from disposal
of subsidiaries or other 208,638,835.75
operational units
Sub-total of cash inflow due to
5,392,492.47 212,315,028.29
investment activities
Cash paid for construction of
fixed assets, intangible assets and 101,715,739.19 330,575,486.29
other long-term assets
Cash paid as investment
Net increase of loan against
pledge
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
17,403.45
activities
Sub-total of cash outflow
101,733,142.64 330,575,486.29
due to investment activities
Net cash flow generated by
-96,340,650.17 -118,260,458
investment
III.Cash flow generated by
financing
Cash received as investment
Incl: Cash received as
investment from minor
25
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
shareholders
Cash received as loans
Cash received from bond
placing
Other financing –related ash
received
Sub-total of cash inflow from
0 0
financing activities
Cash to repay debts 23,000,000
Cash paid as dividend, profit, or
564,471.66
interests
Incl: Dividend and profit paid
by subsidiaries to minor
shareholders
Other cash paid for financing
1,210,000
activities
Sub-total of cash outflow due to
1,210,000 23,564,471.66
financing activities
Net cash flow generated by
-1,210,000 -23,564,471.66
financing
IV. Influence of exchange rate
alternation on cash and cash -269,095.02 -248,959.27
equivalents
V.Net increase of cash and cash
-113,877,854.9 -126,680,140.17
equivalents
Add: balance of cash and cash
equivalents at the beginning of 463,817,642.79 417,686,594.8
term
VI.Balance of cash and cash
349,939,787.89 291,006,454.63
equivalents at the end of term
6. Cash flow statement of the Parent Company
Unit ：RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
28,451,115.08 24,909,346.7
rending of services
Tax returned
Other cash received from
2,142,574.86 9,248,049.28
business operation
Sub-total of cash inflow 30,593,689.94 34,157,395.98
Cash paid for purchasing of
2,077,898.3 1,719,903.98
merchandise and services
Cash paid to staffs or paid for
8,729,530.72 8,992,339.31
staffs
Taxes paid 7,448,140.69 4,895,304.51
26
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Other cash paid for business
6,603,913.22 7,800,603.93
activities
Sub-total of cash outflow
24,859,482.93 23,408,151.73
from business activities
Cash flow generated by business
5,734,207.01 10,749,244.25
operation, net
II.Cash flow generated by
investing
Cash received from investment
3,640,792.47 1,957,406.46
retrieving
Cash received as investment
1,210,300 1,415,634.56
gains
Net cash retrieved from
disposal of fixed assets, intangible 52,994
assets, and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Other cash receivable for
201,433,611.71
investment activities
Sub-total of cash inflow due to
4,851,092.47 204,859,646.73
investment activities
Cash paid for construction of
fixed assets, intangible assets and 3,371,159 2,195,961.37
other long-term assets
Cash paid as investment 108,163,070.03 200,000,000
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
activities
Sub-total of cash outflow
111,534,229.03 202,195,961.37
due to investment activities
Net cash flow generated by
-106,683,136.56 2,663,685.36
investment
III.Cash flow generated by
financing
Cash received as loans
Cash received from bond
placing
Other financing –related ash
received
Sub-total of cash inflow from
0 0
financing activities
Cash to repay debts
Cash paid as dividend, profit, or
interests
Other cash paid for financing 1,210,000
27
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
activities
Sub-total of cash outflow due
1,210,000 0
to financing activities
Net cash flow generated by
-1,210,000 0
financing
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
-102,158,929.55 13,412,929.61
equivalents
Add: balance of cash and cash
equivalents at the beginning of 133,011,826.29 84,353,357.87
term
VI.Balance of cash and cash
30,852,896.74 97,766,287.48
equivalents at the end of term
28
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
7. Consolidated Statement on Change in Owners’ Equity
Report period
Unit：RMB
Amount of the Current term
Owner’s equity Attributable to the Parent Company
Minor
Items
Less: Total of owners’
Share Capital Specialized Surplus Common risk Attributable shareholders’
Shares in Other equity
Capital reserves reserve reserves provision profit equity
stock
I.Balance at the end of last
336,521,849 814,540,889.3 35,912,706.22 182,653,149.09 0 1,369,628,593.61
year
Add: Change of accounting
policy
Correcting of previous
errors
Other
II.Balance at the beginning
336,521,849 814,540,889.3 35,912,706.22 182,653,149.09 1,369,628,593.61
of current year
III.Changed in the current
9,260,263.28 -18,736,243.07 -9,475,979.79
year
（I） Net profit -18,736,243.07 -18,736,243.07
（II）Other misc.income 9,260,263.28 9,260,263.28
Total of (I) and (II) 9,260,263.28 -18,736,243.07 -9,475,979.79
(III) Investment or
decreasing of capital by 0 0 0 0 0 0 0 0 0 0
owners
1. Capital inputted by
owners
2．Amount of shares paid
and accounted as owners’
equity
3. Other
29
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
（IV）Profit allotment 0 0 0 0 0 0 0 0 0 0
1.Providing of surplus
reserves
2.Providing of common
risk provisions
3．Allotment to the owners
(or shareholders)
4．Other
(V) Internal transferring of
0 0 0 0 0 0 0 0 0 0
owners’ equity
1. Capitalizing of capital
reserves (or to capital
shares)
2. Capitalizing of surplus
reserves (or to capital
shares)
3．Making up losses by
surplus reserves.
4. Other
(VI) Special reserves
1. Provided this year
2．Used this term
（VII）Other
IV. Balance at the end of
336,521,849 823,801,152.58 35,912,706.22 163,916,906.02 1,360,152,613.82
this term
Amount of the previous term
Unit ：RMB
Amount of the previous term
Owner’s equity Attributable to the Parent Company
Items Minor
Less: Common Total of owners’
Share Capital Specialized Surplus Attributable shareholders’
Shares in risk Other equity
Capital reserves reserve reserves profit equity
stock provision
I.Balance at the end of last year 336,521,849 839,797,115.13 34,086,443.1 135,563,817.74 1,345,969,224.97
30
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
Add：Retrospective adjustment
caused by merger of entities
under common control
Add: Change of accounting
policy
Correcting of previous errors
Other
II.Balance at the beginning of
336,521,849 839,797,115.13 34,086,443.1 135,563,817.74 1,345,969,224.97
current year
III.Changed in the current year -25,256,225.83 1,826,263.12 47,089,331.35 23,659,368.64
（I） Net profit 48,915,594.47 48,915,594.47
（II）Other misc.income -25,256,225.83 -25,256,225.83
Total of (I) and (II) -25,256,225.83 48,915,594.47 23,659,368.64
(III) Investment or decreasing of
0 0 0 0 0 0 0 0 0 0
capital by owners
1. Capital inputted by owners
2．Amount of shares paid and
accounted as owners’ equity
3. Other
（IV）Profit allotment 0 0 0 0 1,826,263.12 0 -1,826,263.12 0 0 0
1.Providing of surplus reserves 1,826,263.12 -1,826,263.12
2.Providing of common risk
provisions
3．Allotment to the owners (or
shareholders)
4．Other
(V) Internal transferring of
0 0 0 0 0 0 0 0 0 0
owners’ equity
1. Capitalizing of capital
reserves (or to capital shares)
2. Capitalizing of surplus
reserves (or to capital shares)
31
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
3．Making up losses by surplus
reserves.
4. Other
(VI) Special reserves
1. Provided this year
2．Used this term
（VII）Other
IV. Balance at the end of this
336,521,849 814,540,889.3 35,912,706.22 182,653,149.09 0 1,369,628,593.61
term
8. Statement of change in owner’s Equity of the Parent Company
Amount of the Current term
Unit：RMB
Amount of the Current term
Items Share Capital Less: Shares Specialized Surplus Common risk Attributable Total of owners’
Capital reserves in stock reserve reserves provision profit equity
I.Balance at the end of last year 336,521,849 805,957,907.51 0 0 35,912,706.22 0 86,837,579.61 1,265,230,042.34
Add: Change of accounting policy
Correcting of previous errors
Other
II.Balance at the beginning of current
336,521,849 805,957,907.51 0 0 35,912,706.22 0 86,837,579.61 1,265,230,042.34
year
III.Changed in the current year 9,260,263.28 6,941,518.47 16,201,781.75
（I） Net profit 6,941,518.47 6,941,518.47
（II）Other misc.income 9,260,263.28 0 9,260,263.28
Total of (I) and (II) 9,260,263.28 6,941,518.47 16,201,781.75
(III) Investment or decreasing of capital
0 0 0 0 0 0 0 0
by owners
1. Capital inputted by owners
2 ． Amount of shares paid and
32
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
accounted as owners’ equity
3. Other
（IV）Profit allotment 0 0 0 0 0 0 0 0
1.Providing of surplus reserves
2.Providing of common risk
provisions
3．Allotment to the owners (or
shareholders)
4．Other
(V) Internal transferring of owners’
0 0 0 0 0 0 0 0
equity
1. Capitalizing of capital reserves (or
to capital shares)
2. Capitalizing of surplus reserves (or
to capital shares)
3．Making up losses by surplus
reserves.
4. Other
(VI) Special reserves 0 0 0 0 0 0 0 0
1. Provided this year
2．Used this term
（VII）Other 0 0 0 0 0 0 0 0
IV. Balance at the end of this term 336,521,849 815,218,170.79 35,912,706.22 93,779,098.08 1,281,431,824.09
Amount of the previous term
Unit ：RMB
Amount of the previous term
Items
Share Capital Less: Shares Specialized Surplus Common risk Attributable Total of owners’
Capital reserves in stock reserve reserves provision profit equity
I.Balance at the end of last year 336,521,849 831,214,133.34 34,086,443.1 70,401,211.57 1,272,223,637.01
Add: Change of accounting policy
Correcting of previous errors
Other
33
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
II.Balance at the beginning of current
336,521,849 831,214,133.34 34,086,443.1 70,401,211.57 1,272,223,637.01
year
III.Changed in the current year -25,256,225.83 1,826,263.12 16,436,368.04 -6,993,594.67
（I） Net profit 18,262,631.16 18,262,631.16
（II）Other misc.income -25,256,225.83 -25,256,225.83
Total of (I) and (II) -25,256,225.83 18,262,631.16 -6,993,594.67
(III) Investment or decreasing of capital
0 0 0 0 0 0 0 0
by owners
1. Capital inputted by owners
2 ． Amount of shares paid and
accounted as owners’ equity
3. Other
（IV）Profit allotment 0 0 0 0 1,826,263.12 0 -1,826,263.12 0
1.Providing of surplus reserves 1,826,263.12 -1,826,263.12
2.Providing of common risk
provisions
3．Allotment to the owners (or
shareholders)
4．Other
(V) Internal transferring of owners’
0 0 0 0 0 0 0 0
equity
1. Capitalizing of capital reserves (or
to capital shares)
2. Capitalizing of surplus reserves (or
to capital shares)
3．Making up losses by surplus
reserves.
4. Other
(VI) Special reserves
1. Provided this year
2．Used this term
（VII）Other
IV. Balance at the end of this term 336,521,849 805,957,907.51 0 0 35,912,706.22 0 86,837,579.61 1,265,230,042.34
34
深圳市纺织(集团)股份有限公司 2012 年半年度报告摘要
（III）Notes to the financial statements
1.Influences of changes in material accounting policies, accounting estimations, or correction
of material accounting error
（1）Change of accounting policies
Is there any change in accounting policies in the report period
□ Yes √ No
（2）Change of accounting estimations
Is there any change in accounting estimations in the report period
□ Yes √ No
（3）Correcting of accounting errors
Is there any accounting error with previous period found in the report period
□ Yes √ No
2.Statement on change of consolidation range
□ Applicable√ Not applicable
3.If the certified public accounts has issued a non-standard auditor’s report, list the relevant
notes to the issues involved in the report.
□ Applicable√ Not applicable
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.
August 3,2012
35
