深圳市纺织(集团)股份有限公司 2014 年年度报告摘要
Stock code: 000045,200045 Stock Abbreviation: Shen Textile A, Shen Textile B Announcement No. 2015-13
Summary of 2014 Annual Report of Shenzhen Textile (Holdings) Co., Ltd.
1. Important notes
The summary is abstract from full-text of annual report, for more details information , investors should found in the full-text of
annual report that published on website of Shenzhen Stock Exchange and other website appointed by CSRC.
Company Profile
Shen Textile A，Shen Textile
Stock abbreviation Stock code 000045,200045
B
Stock exchange for listing Shenzhen Stock Exchange
Short form of the stock after changed
N/A
(if any)
Contact person and contact manner Board secretary Securities affairs Representative
Name Jiang Peng
Tel 0755-83776043
Fax 0755-83776139
E-mail jiangp@chinasthc.com
2.Main financial data and changes of shareholders
（1）Main financial data
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not.
□ Yes √No
Changes over last
2014 2013 2012
year(%)
Operating income（RMB） 1,210,952,548.57 1,131,098,580.37 7.06% 845,114,483.38
Net profit attributable to the
shareholders of the listed company -113,591,328.26 47,222,590.97 -340.54% -80,988,887.59
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable to
the shareholders of listed company -148,855,363.05 -161,473,020.61 7.81% -90,003,071.80
（RMB）
Cash flow generated by business
-48,701,494.05 -186,726,206.07 73.92% -155,151,561.96
operation, net（RMB）
Basic earning per share(RMB/Share) -0.22 0.10 -320.00% -0.24
Diluted gains per
-0.22 0.10 -320.00% -0.24
share(RMB/Share)(RMB/Share)
Net asset earning ratio（%） -5.06% 2.31% -7.37% -6.06%
End of End of Changes over last End of
2014 2013 year(%) 2012
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深圳市纺织(集团)股份有限公司 2014 年年度报告摘要
Total assets（RMB） 2,822,783,501.87 2,851,759,735.91 -1.02% 1,880,660,667.21
Net assets attrilutable to shareholder of
2,196,249,248.26 2,297,846,577.11 -4.42% 1,303,011,954.39
listed company（RMB）
（2）Shareholdings of the top 10 common shareholders
Total number of common
Total number of common shareholders at the end of
shareholders at the end of the 21,007 the fifth trading day 21,002
reporting period before the disclosure date
of the annual report
Shareholdings of the top 10 common shareholders
Quantity at Pledging or freezing
Properties of Share the end of the Increase/decrease in the
Shareholder name
shareholder proportion % reporting reporting period Status of the
Quantity
period shares
Shenzhen Investment State-owned legal
46.21% 234,069,436 0
Holdings Co., Ltd. person
Shenzhen Shenchao State-owned
Technology Investment 3.18% 16,129,032 0
Co., Ltd. Legal person
Foresea life Insurance－ Domestic non
Self assets Huatai State-owned 1.82% 9,226,749 9,226,749
Combination Legal person
ICBC－Fuguo Research Domestic non
flexible Mixed Securities State-owned 0.71% 3,573,949 3,573,949
investment fund Legal person
Domestic non
Nanchong Baolin Trade State-owned 0.50% 2,510,247 2,510,247
Co., Ltd.
Legal person
Anhui Guofu Industry Domestic non
Investment Fund State-owned 0.49% 2,469,841 2,469,841
Management Co., Ltd. Legal person
Domestic Nature
Sun Huiming 0.39% 1,996,347 1,996,347
person
Domestic Nature
Huang Guangwei 0.37% 1,896,649 1,896,649
person
Domestic Nature
Nan Yingxu 0.37% 1,863,500 1,863,500
person
Foreign Nature
Xiao Ran 0.35% 1,796,300 1,796,300
person
Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned
subsidiary of Shenzhen Investment Holding Co., Ltd. and a person taking
concerted action. Except this, the Company did not whether there is
relationship between the top ten shareholders holding non-restricted
Explanation on shareholders participating in
the margin trading business negotiable shares and between the top ten shareholders holding
non-restricted negotiable shares and the top 10 shareholders or whether
they are persons taking concerted action defined in Regulations on
Disclosure of Information about Shareholding of Shareholders of Listed
Companies.
Explanation on shareholders participating in
N/A
the margin trading business(if any )
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深圳市纺织(集团)股份有限公司 2014 年年度报告摘要
（3）Shareholdings of the top 10 preferred shareholders
□ Applicable √ Not applicable
No preferred shares in the report period.
（4）Block Diagram of the ownership and control relations between the company and the actual controller
3. Discussion and analysis by the management
In 2014, there is a big gap for the company between overall business and plan due to the intensifying competition
in the Polaroid market and the increasing cost, as well as the insufficient utilization of production line, the instable
product yield, the higher consumption in production and unable to offset the cost caused by the continuous
influence of the single production and the supply of different varieties with small amount on the efficiency and the
capacity.
In 2014, the company has achieved the operating income of RMB1210.9525 million, with 7.06% higher than the
same period last year, but lost RMB62.0589 million in total profit, with 160.83% lower than the same period last
year, RMB113.5913 million in the net profit, and RMB113.5913 million in the net profit attributable to the
owners of parent company, with 340.54% lower than the same period last year. The main reasons are the
substantial increase in investment income caused by the transfer of 100% stock of the subsidiary Shenzhen Jinlan
Decorative Supplies Industrial Co.,Ltd. in the same period last year, as well as the great deficits due to lack of
orders and instable yield in the subsidiary Shenzhen Shengbo Optoelectronic Technology Co., Ltd. (hereinafter
referred to as “Shengbo Optoelectronic”).
During the reporting period, the “Cooperation Framework Agreement” signed on the cooperation in polarizer
between the company and Ntto Kogyo Corporation . (hereinafter referred to as “Ntto Kogyo ”) has failed to be
implement, the change items with original plan on the purpose to fund-raising of Project II of polarizer with
TFT-LCD hasn’t been approved and the plan schedule in the construction of fund-raising project hasn’t been
achieved.
During the reporting period, the company has greatly completed the following works: 1. the company has devoted
to the development of polarizer business and completed the introduction of 5 products through the improvement
of communication with key accounts and the acceleration of new product certification during the year. 2. The
Company has further promoted the management level and improved the efficiency of the production chain
through the optimization and adjustment of organizational structure and personnel, as well as the reduction of
management levels. 3. the company has continued to strengthen its own technology and enhanced yield and
utilization of products.
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深圳市纺织(集团)股份有限公司 2014 年年度报告摘要
4.Relevant items involving financial report
(1) Explain change of the accounting policy, accounting estimate and measurement methods as compared with the
financial reporting of last year
√ Applicable □ Not applicable
In 2014, Ministry of Finance has issued “Accounting Standards for Enterprises No.39 – Fair Value Measurement”,
“Accounting Standards for Enterprises No.40 – Joint Venture Arrangement”, “Accounting Standards for
Enterprises No.41 – Disclosure of Interests in Other Entities” and the revised “Accounting Standards for
Enterprises No.2 – Long-term Equity Investment”, “Accounting Standards for Enterprises No.9 – Employee
Compensation”, “Accounting Standards for Enterprises No.30 – Presentation of Financial Statements”,
“Accounting Standards for Enterprises No.33 – Consolidated Financial Statements” and “Accounting Standards
for Enterprises No.37 – Presentation of Financial Instruments”, which are all implemented since July 1, 2014,
except that “Accounting Standards for Enterprises No.37 – Presentation of Financial Instruments” shall be
implemented from the annual financial statement in 2014.
The company started a new enterprise accounting standards promulgated or revised foregoing in July 1, 2014, and
has been changed according to the requirements of the relevant accounting policy guidelines.
The main impact of retrospective adjustments to contrast these financial statements due to the following：
The influenced Before adjustment Adjustment amount After adjustment
statement items
Long term share equity
investment 48,715,143.22 -37,379,961.83 11,335,181.39
Disposable financial asset 41,829,021.22 37,379,961.83 79,208,,983.05
Capital reserves 1,606,525,169.42 -23,534,773.29 1,582,990,396.13
Other Comprehensive
23,534,773.29 23,534,773.29
incme
Other non-current
51,593,141.94 -51,593,141.94
liabilities
Deferred income 51,593,141.94 51,593,141.94
(2) Explain retrospective restatement due to correction of significant accounting errors in the reporting period
□Applicable √ Not applicable
No correction of significant accounting errors in the reporting period.
(3).Explain change of the consolidation scope as compared with the financial reporting of last year.
□Applicable √ Not applicable
The consolidation scope did not change in the reporting period.
(4)Explanation of the Board of Directions and Supervisory Committee Concerning the “ non-standard audit
report” issued by the CPAs firm for the reporting period.
□Applicable√ Not applicable
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