司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Short Form of the Stock: ST Donghai-A, ST Donghai-B Stock Code: 000613, 200613
Hainan Dadonghai Tourism Centre (Holdings)
Co., Ltd.
The First Quarterly Report 2014
(Full Text)
Disclosure Date: 29 April 2014
1
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Section I. Important Notice
Board of Directors and the Supervisory Committee of Hainan Dadonghai Tourism Centre (Holdings) Co., Ltd.
(hereinafter referred to as the Company) and its directors, supervisors and senior executives should guarantee the
reality, accuracy and completion of the quarterly report, there are no any fictitious statements, misleading
statements or important omissions carried in this report, and shall take legal responsibilities, individual and/or
joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation
Li Yuanbin, Person in charge of the Company, Chen Liurong, person in charger of accounting works and Li Zhi,
person in charger of accounting organ (accounting officer) hereby confirm that the Financial Report of this
Quarterly Report is authentic, accurate and complete.
2
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Section II. Main financial data and changes of shareholders
I. Main accounting data and financial indexes
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 of this period over same
Current Period Same period of last year
period of last year (%)
Operating income (RMB) 8,477,209.50 11,024,910.00 -23.11%
Net profit attributable to shareholders of
505,793.55 879,794.04 -42.51%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting 460,223.64 823,392.79 -44.11%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
2,621,044.20 4,471,475.40 -41.38%
activities(RMB)
Basic earnings per share (RMB/Share) 0.0014 0.0024 -41.67%
Diluted earnings per share (RMB/Share) 0.0014 0.0024 -41.67%
Weighted average ROE (%) 0.62% 1.04% -0.42%
At the end of the Changes of this period-end over
At the end of last year
reporting period same period-end of last year (%)
Total assets (RMB) 115,521,218.54 113,960,862.69 1.37%
Net assets attributable to shareholder of
82,417,641.41 81,911,847.86 0.62%
listed company (RMB)
Items of non-recurring gains and losses
□Applicable √ Not applicable
II. Total number of shareholders at the end of this report period and top ten shareholders
In shares
Total shareholders
27,073
at the end of report period
Top ten shareholders
Number of share
Amount of
Nature of Proportion of Amount of pledged/frozen
Shareholder’s name restricted shares
shareholder shares held (%) shares held State of
held Amount
share
Luoniushan Co., Ltd. Domestic 16.81% 61,190,270 0
3
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
non-state-owned
legal person
Domestic nature
Pan Guoping 9% 32,779,583 0 Pledged 6,500,000
person
China Everbright Securities (HK) Overseas
6.52% 23,722,513 0
Limited legal person
Domestic
Yangpu Tongrong Investment
non-state-owned 2.79% 10,150,082 4,420,800
Management Consultation Co., Ltd.
legal person
Domestic
Sanya Yongli Investment Co., ltd. non-state-owned 1.9% 6,930,000 0
legal person
Domestic
Shanghai Zhongqing Hotel
non-state-owned 1.39% 5,043,416 0
Management Co., Ltd.
legal person
Domestic
Construction Investment CITIC
non-state-owned 1.27% 4,620,000 0
Assets Management Co., Ltd.
legal person
Overseas
CITRINE CAPITAL LIMITED 0.9% 3,265,200 0
legal person
Domestic nature
#Wu Weisheng 0.8% 2,917,714 0
person
Domestic
Sanya Zhongxing Development Co.,
non-state-owned 0.65% 2,541,000 2,541,000
Ltd.
legal person
Top ten shareholders with unrestricted shares held
Type of shares
Shareholder’s name Amount of unrestricted shares held
Type Amount
Luoniushan Co., Ltd. 61,190,270 RMB common share 61,190,270
RMB common share 6,904,417
Pan Guoping 32,779,583 Domestically listed foreign
25,875,166
share
China Everbright Securities (HK) Domestically listed foreign
23,722,513 23,722,513
Limited share
Sanya Yongli Investment Co., ltd. 6,930,000 RMB common share 6,930,000
Yangpu Tongrong Investment
5,729,282 RMB common share 5,729,282
Management Consultation Co., Ltd.
Shanghai Zhongqing Hotel
5,043,416 RMB common share 5,043,416
Management Co., Ltd.
Construction Investment CITIC
4,620,000 RMB common share 4,620,000
Assets Management Co., Ltd.
4
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Domestically listed foreign
CITRINE CAPITAL LIMITED 3,265,200 3,265,200
share
#Wu Weisheng 2,917,714 RMB common share 2,917,714
Cao Huili 2,363,939 RMB common share 2,363,939
Explanation on associated The Company is unknown whether there exists associated relationship or belongs to the consistent
relationship among the aforesaid actor regulated by the Management Measure of Information Disclosure on Change of
shareholders Shareholding for Listed Company among the other shareholders.
Explanation on top ten shareholders # Wu Weisheng holding 2,917,714 shares of Donghai-A through the guarantee account of credit
involving margin business transactions of GF Securities Co., Ltd.
Whether has a buy-back agreement dealing in reporting period
□ Yes √ No
5
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
1. Items of balance sheet In RMB
At the end of At the beginning of
Item Change (%) Reasons of changes
reporting reporting
Payment in advance 104,208.03 201,053.21 -48.17% Reimbursement of shopping written down
2. Items of profit statement In RMB
At the end of At the beginning of
Item Change (%) Reasons of changes
reporting reporting
Main business income 8,477,209.50 11,024,910.00 -23.11 Decline of occupancy and average room rate
Management expense 4,284,909.10 6,219,604.44 -31.11% Accrual of the performance remuneration from
South China Hotel decreased
Operating profit 628,821.49 1,116,657.47 -43.69% Main business income reduced
Non-business 132.09 1,000.00 -86.79% No Amercement outlay in the period
expenditure
Net profit 505,793.55 879,794.04 -42.51% Main business income reduced
3. Items of in cash flow statement In RMB
At the end of At the beginning
Item Change (%) Reasons of changes
reporting of reporting
Cash received from other operating activities 50,777.84 2,389,571.07 -97.88% Inward collection and deposit
received declined
Cash paid for other operating activities 986,386.47 2,096,377.98 -52.95% Vary operation expenses paid
decreased
Net cash flow from operating activities 2,621,044.20 4,471,475.40 -41.38% Cash received from good sales and
providing labor service decreased
Cash paid for purchasing fixed, intangible and 163,400.00 551,434.00 -70.37% Purchase and construction of fixed
other long-term assets assets decreased
Net increase of cash and cash equivalents 2,461,844.20 3,920,141.40 -37.20% Net cash flow from operating
activities reduced
II. Analysis and explanation of significant events and their influence and solutions
Nil
6
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
III. Commitments from the Company or shareholders (with over 5% shares held) in or
occurred in the previous period but continued to reporting period
Commitme Commitme
Commitments Accepter Contents Implementation
nt time nt period
Given consequent years of
loss, Dadonghai is facing to be Since equity
delisted. To reverse this allocation, the
operation dilemma, improve Company avoided to
profitability and restore be delisted by
In an seeking various
Luoniushan continuing operation,
Share Merger Reform 2007-05-30 appropriate favors. Finance was
Co., Ltd controlling shareholder,
time correspondingly
Luoniushan Co., Ltd is seeking
improved. Till now,
acquisition partners and appropriate
appropriate time to take asset acquisitions partner
restructuring on Dadonghai. hasn’t been found.
Commitments in report of
- - - - -
acquisition or equity change
Commitments in assets reorganization - - - - -
Commitments make in initial public
- - - - -
offering or re-financing
Other commitments to minority
- - - - -
shareholders of the Company
Completed on time (Y/N) N
IV. Predict of the business performance from January to June 2014
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
□Applicable √Not applicable
VI. Derivative Investment
□Applicable √Not applicable
VII. Registration form for receiving research, communication and interview in the report period
Contents discussed and materials
Date Place Method Type of investors Investor
supplied
Investor in Operation condition of the
HQ of the Telephone
2014-01-08 Individual Shanghai (Surname Company without material
Company communication
Chen) required
7
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
HQ of the Telephone Investor in Beijing Release of share reform without
2014-01-16 Individual
Company communication (Surname Wang) material required
Operation condition of the
HQ of the Telephone Investor in Hefei
2014-02-10 Individual Company without material
Company communication (Surname Lu)
required
Investor in Operation condition of the
HQ of the Telephone
2014-02-18 Individual Hebei(Surname Company without material
Company communication
Liu) required
Investor in
HQ of the Telephone Hotel operation conditions
2014-03-19 Individual Hangzhou
Company communication without material required
(Surname Zhang)
HQ of the Telephone Investor in Beijing Annual operation of the Company
2014-03-25 Individual
Company communication (Surname Chen) without material required
8
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
IV. Financial Statement
I. Financial Statement
1. BALANCE SHEET
Prepared by HAINAN DADONGHAI TOURISM CENTER (HOLDINGS) CO., LTD.
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 9,297,529.66 6,835,685.46
Settlement funds
Lending funds
Financial assets held for trading
Notes receivable
Accounts receivable 3,887,997.04 3,509,377.76
Prepayments 104,208.03 201,053.21
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividends receivable
Other receivables 3,104,380.04 3,299,051.36
Purchase restituted finance asset
Inventories 308,601.43 317,334.23
Non-current assets maturing within
one year
Other non-current assets
Total current assets 16,702,716.20 14,162,502.02
Non-current assets:
Granted entrust loans and advances
Available-for-sale financial assets
Held-to-maturity investments
Long-term receivables
9
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Long-term equity investments 10,000,000.00 10,000,000.00
Investment properties
Fixed assets 59,971,414.42 60,628,905.47
Construction in progress
Project materials
Disposal of fixed assets
Productive biological assets
Oil and natural gas assets
Intangible assets 28,363,173.17 28,586,908.43
Research and development costs
Goodwill
Long-term deferred expenses 483,914.75 582,546.77
Deferred tax assets
Other non-current assets
Total non-current assets 98,818,502.34 99,798,360.67
Total assets 115,521,218.54 113,960,862.69
Current liabilities
Short-term borrowings
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Notes payable
Accounts payable 2,333,569.51 2,171,955.96
Accounts received in advance 1,540,049.11 1,599,994.81
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 4,156,068.85 3,549,851.04
Taxes payable -1,011,249.41 -1,164,999.99
Interest payable
Dividend payable
Other accounts payable 26,085,139.07 25,892,213.01
10
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 33,103,577.13 32,049,014.83
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 33,103,577.13 32,049,014.83
Owners’ equity(or Shareholders’ equity):
Paid-in capital( or share capital) 364,100,000.00 364,100,000.00
Capital public reserve 54,142,850.01 54,142,850.01
Less: Inventory shares
Reasonable reserve
Surplus public reserve
Provision of general risk
Retained profit -335,825,208.60 -336,331,002.15
Balance difference of foreign currency
translation
Total owner’s equity attributable to parent
82,417,641.41 81,911,847.86
Company
Minority interests
Total owner’s equity( or shareholders
82,417,641.41 81,911,847.86
equity)
Total liabilities and owner’s equity( or
115,521,218.54 113,960,862.69
shareholders equity)
11
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Legal Representative: Li Yuanbin Accounting Principal: Chen Liurong
The Accounting Firm’s Principal:Li Zhi
2. Profit statement
Prepared by HAINAN DADONGHAI TOURISM CENTER (HOLDINGS) CO., LTD.
In RMB
Item Amount in this period Amount in last period
I. Total operating income 8,477,209.50 11,024,910.00
Including: Operating income 8,477,209.50 11,024,910.00
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 7,848,388.01 9,908,252.53
Including: Operating cost 3,962.52 3,047.90
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 474,723.75 617,394.96
Sales expenses 3,038,252.79 3,010,477.20
Administration expenses 4,284,909.10 6,219,604.44
Financial expenses 46,539.85 57,728.03
Losses of devaluation of asset
Add: Changing income of fair value(Loss is listed
with “-”)
Investment income (Loss is listed with “-”)
Including: Investment income on affiliated
Company and joint venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) 628,821.49 1,116,657.47
Add: Non-operating income 45,702.00 57,401.25
12
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Less: Non-operating expense 132.09 1,000.00
Including: Disposal loss of non-current asset
IV. Total Profit (Loss is listed with “-”) 674,391.40 1,173,058.72
Less: Income tax 168,597.85 293,264.68
V. Net profit (Net loss is listed with “-”) 505,793.55 879,794.04
Including: net profit realized for merged party
before combination
Net profit attributable to owner’s equity of parent
505,793.55 879,794.04
Company
Minority shareholders’ gains and losses
VI. Earnings per share -- --
i. Basic earnings per share 0.0014 0.0024
ii. Diluted earnings per share 0.0014 0.0024
VII. Other consolidated income
VIII. Total consolidated income 505,793.55 879,794.04
Total consolidated income attributable to owners of
505,793.55 879,794.04
parent Company
Total consolidated income attributable to minority
shareholders
Legal Representative: Li Yuanbin Accounting Principal: Chen Liurong
The Accounting Firm’s Principal:Li Zhi
3. Cash flow statement
Prepared by HAINAN DADONGHAI TOURISM CENTER (HOLDINGS) CO., LTD.
In RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing
8,712,946.02 9,839,276.62
labor services
Net increase of customer deposit and interbank deposit
Net increase of loan from central bank
Net increase of capital borrowed from other financial
institution
13
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Cash received from original insurance contract fee
Net cash received from reinsurance business
Insured savings and net increase of investment
Net increase of disposal of transaction financial asset
Cash received from interest, commission charge and
commission
Net increase of capital borrowed
Net increase of returned business capital
Write-back of tax received
Other cash received concerning operating activities 50,777.84 2,389,571.07
Subtotal of cash inflow arising from operating
8,763,723.86 12,228,847.69
activities
Cash paid for purchasing commodities and receiving
1,358,608.95 1,646,794.59
labor service
Net increase of customer loans and advances
Net increase of deposits in central bank and interbank
Cash paid for original insurance contract compensation
Cash paid for interest, commission charge and
commission
Cash paid for bonus of guarantee slip
Cash paid to/for staff and workers 2,926,280.19 3,035,193.84
Taxes paid 871,404.05 979,005.88
Other cash paid concerning operating activities 986,386.47 2,096,377.98
Subtotal of cash outflow arising from operating
6,142,679.66 7,757,372.29
activities
Net cash flows arising from operating activities 2,621,044.20 4,471,475.40
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income
Net cash received from disposal of fixed, intangible and
4,200.00 100.00
other long-term assets
Net cash received from disposal of subsidiaries and
other units
Other cash received concerning investing activities
Subtotal of cash inflow from investing activities 4,200.00 100.00
Cash paid for purchasing fixed, intangible and other 163,400.00 551,434.00
14
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities 163,400.00 551,434.00
Net cash flows arising from investing activities -159,200.00 -551,334.00
III. Cash flows arising from financing activities:
Cash received from absorbing investment
Including: Cash received from absorbing minority
shareholders’ investment by subsidiaries
Cash received from loans
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities
Cash paid for settling debts
Cash paid for dividend and profit distributing or interest
paying
Including: Dividend and profit of minority shareholder
paid by subsidiaries
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities
Net cash flows arising from financing activities
IV. Influence on cash due to fluctuation in exchange rate
V. Net increase of cash and cash equivalents 2,461,844.20 3,920,141.40
Add: Balance of cash and cash equivalents at the period
6,835,685.46 15,194,668.69
-begin
VI. Balance of cash and cash equivalents at the period -end 9,297,529.66 19,114,810.09
Legal Representative: Li Yuanbin Accounting Principal: Chen Liurong
The Accounting Firm’s Principal:Li Zhi
II. Audit report
Whether the first quarterly report had been audited or not
□ Yes √ No
The first quarterly report of the Company had not been audited.
15
司公限有份股心中游旅海东大南海 2014 文全告报度季一第年
Board of Directors of Hainan Dadonghua Tourism Centre (Holdings) Co., LTD
Chairman: Li Yuanbin
April 27, 2013
16