Abstract of the 2013 Semi-annual Report of Luthai Textile Co., Ltd.
Stock code: 000726, 200726 Stock abbreviation: LTA, LTB Announcement No.: 2013-036
Luthai Textile Co., Ltd.
Abstract of the 2013 Semi-annual Report
1. Important reminders
（1）
This abstract is based on the full text of the semi-annual report. For more details, investors are suggested to read the full text
disclosed at the same time with this abstract on http://www.cninfo.com.cn, the website of Shenzhen Stock Exchange or any other
website designated by CSRC.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions, the Chinese version
shall prevail.
（2）Company profile
Stock abbreviation LTA, LTB Stock code 000726, 200726
Stock abbreviation after change (if
N/A
any)
Stock exchange listed with Shenzhen Stock Exchange
For contact Company Secretary Securities Affairs Representative
Name Qin Guiling Zheng Weiyin
Tel. 0533-5285166 0533-5285166
Fax 0533-5418805；5282188-234 0533-5418805
E-mail qinguiling@lttc.com.cn wyzheng@lttc.com.cn
2. Financial highlights and change of shareholders
（1）Financial highlights
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the accounting policy or
correction of any accounting error?
□ Yes √ No
Reporting period Same period of last year YoY +/-（％）
Operating revenues (RMB Yuan) 3,060,495,255.17 2,808,025,564.76 8.99%
Net profit attributable to shareholders of
416,175,890.38 301,503,288.19 38.03%
the Company (RMB Yuan)
Net profit attributable to shareholders of
the Company after extraordinary gains and 393,419,324.10 302,733,028.86 29.96%
losses (RMB Yuan)
Net cash flows from operating activities
490,746,920.17 417,039,467.46 17.67%
(RMB Yuan)
Basic EPS (RMB Yuan/share) 0.43 0.30 43.33%
Diluted EPS (RMB Yuan/share) 0.43 0.30 43.33%
Weighted average ROE (%) 7.6% 5.79% 1.81%
As at the end of the
As at the end of last year YoY +/-（％）
reporting period
Total assets (RMB Yuan) 7,952,627,112.25 8,153,279,084.33 -2.46%
Net assets attributable to shareholders of
5,401,065,428.89 5,268,701,258.26 2.51%
the Company (RMB Yuan)
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Abstract of the 2013 Semi-annual Report of Luthai Textile Co., Ltd.
（2） Shareholdings of the top 10 shareholders
Total number of shareholders at
98,900
the end of the reporting period
Shareholdings of the top 10 shareholders
Shareholdi Pledged or frozen
Total shares Number of shares
Nature of ng
Name of shareholder held at the restricted
shareholder percentage Status of Number
period-end shares held
(%) shares of shares
Domestic
Zibo Lucheng Textile Investment Co., Ltd. non-state-owned 12.27% 123,314,700 0
corporation
Tailun (Thailand) Textile Co., Ltd. Foreign corporation 11.77% 118,232,400 118,232,400
DBS VICKERS (HONG KONG) LTD A/C
Foreign corporation 4.04% 40,528,642 0
CLIENTS
Domestic
Franklin Guohai potential group Investment
non-state-owned 0.98% 9,810,288 0
Securities Investment Fund
corporation
LYNAS ASIA FUND Foreign corporation 0.93% 9,354,914 0
Domestic
Huashang Shengshi Development Portfolio
non-state-owned 0.87% 8,772,748 0
Investment stock fund
corporation
Kuwait Government BOI Foreign corporation 0.82% 8,226,707 0
Domestic
Guangfa Strategy Optimization Mixed-type
non-state-owned 0.8% 8,074,561 0
Securities Investment Fund
corporation
VALUE PARTNERS HIGH-DIVIDEND
Foreign corporation 0.59% 5,908,304 0
STOCKS FUNDS
HTHK-MANULIFE CHINA VALUE FUND Foreign corporation 0.57% 5,731,606 0
Zibo Lucheng Textile Investment Co., Ltd. is the largest shareholder of the
Company and the actual controller. Tailun (Thailand) Textile Co., Ltd. is the
Explanation on associated relationship or/and
second largest shareholder as well as sponsor of foreign capital of the Company.
persons acting in concert among the
All of other shareholders are people holding circulating A share or circulating B
above-mentioned shareholders:
share and the Company is not able to confirm whether there is associated
relationship or concerted action among other shareholders.
Shareholders taking part in margin financing
Naught
and securities lending (if any)
3. Discussion and analysis by the management
In the reporting period, the global economy has not yet got rid of the deep influence of the world financial crisis.
Though the demand for the textile and garment industry has grown, the overall recovery process is slow. The
textile and garment industry is facing low international demand, slow growth of domestic demand, big difference
of rising cost of production factors between inside and outside cotton price, and a series of problems, which lead
to pressure of the product raising price. On the basis of overcome the aforesaid disadvantages, the Company gave
full play to its own whole industrial chain advantage, adhered to independent research and development and
innovation, and further promoted excellence in performance management, the technology innovation, cost control,
marketing brand construction, informationization and enterprise culture construction continued to maintain the
healthy and stable development, realized the steady growth in operating performance during the reporting period.
For the reporting period, the Company achieved operating revenues of RMB 3,060.4953 million, operating profit
of RMB 496.0669 million, net profit attributable to common share holders of RMB 416.1759 million and net
profit attributable to shareholders of the Company of RMB 393.4193 million after deducting extraordinary gains
and losses, up 8.99%, 45.86%, 38.03% and 29.96% respectively from the same period of last year.
During the reporting period, there were no change in the main business of the Company, main profit source and
composition.
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Abstract of the 2013 Semi-annual Report of Luthai Textile Co., Ltd.
During the reporting period, facing the severe situation of international and domestic market, the Company insists
on practicing internal strength, continued to conduct the research and innovation, promoted research and
development ability, strengthened the differentiation of product development, emphasized leisure product
development, g at the same time, strengthen cooperation between the design , marketing and research and
development employees to meet customers demand, improve service quality, and constantly strengthen the
technical research, solved producing problems, and the above work had achieved good results. During the
reporting period, the design of new product 85 series which involving 461 designs and color, the new product
research, development of new technology, promoting new products the order quantity had moved forward. The
Company has been formed by natural fiber fabrics as the main line, multicomponent functional fiber fabrics as the
lead and washable and wearable super durable press technology as the core, and the development of functional
and health goals as the product system which further satisfy the individual and diverse market demand.
During the reporting period, the national center for enterprise technology innovation ability has passed the site
acceptance of Shandong Province Development and Reform Commission and at the same time the Company has
passed the random audit work of high and new technology enterprise by the National Ministry of Science and
Technology, the Ministry of Finance and State Administration of Taxation.
During the reporting period, “lutai LT GRFF brand cotton greige cloth and shirts” was identified as the Shandong
famous brand products in Shandong province famous brand strategy promotion committee. The Company
continued to promote the brand and marketing network construction. In network marketing, lutai online cooperate
with many famous electric business, such as participating in promotion such as Shan Rong Mall, Taobao full
discount, daily special discounts etc. and promote the research and extension of network sales model. In the
promotion of brand of LT GRFF in the entity shop, two stores in Yantai Yinzuo have been completed during the
reporting period, expansion, site selection and the opening of store located at the airport of Jinan Wanda, and
completed the expansion and decoration of Taian Yinzuo counters and enhanced the image of the brand. The
Company still insists dual brand marketing strategy to promote brand in the future, and keeps the multi-brand
development pattern, clear brand positioning, hierarchical promotion, and outstanding quality, reflects the brand
concept of fit satisfy, and constantly attracts consumer's attention and recognition.
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