深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Shenzhen Tellus Holding Co., Ltd.
The Third Quarterly Report For 2016
October 2016
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Section I. Important Notice
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Shenzhen Tellus Holding Co., Ltd. (hereinafter referred to as the
Company) hereby confirm that there are no any fictitious statements, misleading
statements, or important omissions carried in this report, and shall take all
responsibilities, individual and/or joint, for the reality, accuracy and completion
of the whole contents.
All directors are present the meeting of the Board for deliberating the Third
Quarter Report of the Company in person.
Lv Hang, person in charge of the Company, head of the accounting works Yang
Jianping and Ke Wensheng, accounting body principals (accountant in charge)
hereby confirm that the Financial Report of the Third Quarterly Report is
authentic, accurate and complete.
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□Yes √ No
Current period-end Period-end of last year Increase/decrease
Total assets(RMB) 1,166,781,971.81 1,168,667,927.49 -0.16%
Net assets attributable to
shareholders of listed company 894,384,392.17 868,169,052.32 3.02%
(RMB)
Increase/decrease in
Increase/decrease in
From Year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year (%)
Period-end of last year
Operating revenue (RMB) 83,602,167.07 14.03% 240,749,333.55 3.86%
Net profit attributable to
shareholders of the listed company 8,467,387.22 -23.34% 26,215,339.85 40.23%
(RMB)
Net profit attributable to
shareholders of the listed company
7,630,829.51 524.84% 23,080,601.52 164.15%
after deducting non-recurring gains
and losses(RMB)
Net cash flow arising from
-- -- 34,540,949.11 -8.88%
operating activities(RMB)
Basic earnings per share
0.0285 -23.39% 0.0882 28.20%
(RMB/Share)
Diluted earnings per share
0.0285 -23.39% 0.0882 28.20%
(RMB/Share)
Weighted average ROE 0.95% -0.37% 2.97% -1.11%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the 27,444.20
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
write-off that accrued for impairment of assets)
Financing income of save-corpus
Gains/losses from entrusted investment or assets management 3,120,730.16
floating
Other non-operating income and expenditure except for the
20,630.21
aforementioned items
Impact on minority shareholders’ equity (post-tax) 34,066.24
Total 3,134,738.33 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In share
Total preference shareholders
Total number of common with voting rights recovered
shareholders at the end of report 68,005 0
period at end of reporting period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders restricted shares
shareholder shares held held State of share Amount
held
SHENZHEN State-owned
49.09% 145,925,256 6,000,000
SDG CO., LTD corporate
Shenzhen Capital
Fortune Jewelry
Industry Domestic
Investment non-state-owned 23.88% 71,000,000 71,000,000
Enterprise corporate
(limited
partnership)
KGI ASIA Foreign
2.43% 7,223,669
LIMITED corporation
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
UOB Kai Hian
Foreign
(Hongkong) Co., 0.44% 1,308,693
corporation
Ltd.
GUOTAI
JUNAN
Foreign
SECURITIES(H 0.37% 1,087,204
corporation
ONGKONG)
LIMITED
Domestic nature
Li Boqing 0.22% 640,000
person
Foreign nature
Weng Zhengwen 0.19% 579,028
person
Domestic nature
Li Guangxin 0.11% 314,158
person
Domestic nature
He Xing 0.10% 300,000
person
Foreign nature
Zeng Huiming 0.09% 270,000
person
Particular about top ten shareholders with un-restrict shares held
Type of shares
Shareholders Amount of un-restrict shares held
Type Amount
RMB ordinary
SHENZHEN SDG CO., LTD 139,925,256 139,925,256
shares
Domestically
KGI ASIA LIMITED 7,223,669 listed foreign 7,223,669
shares
Domestically
UOB Kai Hian (Hongkong) Co.,
1,308,693 listed foreign 1,308,693
Ltd.
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 1,087,204 listed foreign 1,087,204
LIMITED shares
RMB ordinary
Li Boqing 640,000 640,000
shares
Domestically
Weng Zhengwen 579,028 listed foreign 579,028
shares
Domestically
Li Guangxin 314,158 314,158
listed foreign
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
shares
Domestically
He Xing 300,000 listed foreign 300,000
shares
Domestically
Zeng Huiming 270,000 listed foreign 270,000
shares
RMB ordinary
Zuo Songchen 259,635 259,635
shares
Among the top ten shareholders, there exists no associated relationship between the
state-owned legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and
Explanation on associated
they do not belong to the consistent actionist regulated by the Management Measure of
relationship among the top ten
Information Disclosure on Change of Shareholding for Listed Companies. For the other
shareholders or consistent action
shareholders of circulation share, the Company is unknown whether they belong to the
consistent actionist.
Explanation on top ten common
shareholders involving margin N/A
business (if applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
Balance Sheet
Assets Closing balance Opening balance Amount changed Ratio changed Causes
2,371,704.69 562,051.31 1,809,653.38 321.97% Account of vehichle mortgage
Account receivable receivable from bank of the Huari
Company increased
8,054,506.83 16,151,336.61 -8,096,829.78 -50.13% Inventory vehicle of Huari Company
Inventory
declined
Long-term 3,920,160.36 13,972,779.67 -10,052,619.31 -71.94% Automobile Industry & Commerce
payables Company repays the loans to
Dongfeng Corporation
Undistributed 29,957,600.34 3,742,260.49 26,215,339.85 700.52% Net profit attributable to owners’ of
profit parent company increased in the
period
Profit statement
Item This cumulative Same period last Amount changed Ratio changed Causes
year
Business taxes and 2,650,366.07 4,364,159.61 -1,713,793.54 -39.27% Affected by the policy of replacing
additional business tax with a VAT
Management 33,043,336.94 21,004,009.73 12,039,327.21 57.32% At same period of last year,
expenses management expenses 8.42 million
Yuan were offset due to the
termination of retirement benefits
plans; the accrual time difference for
the benefit salary and annuity and
soaring of the human costs for
increasing the employees and
remuneration changed
Financial expenses -120,070.39 5,317,919.97 -5,437,990.36 The loan interest declined and interest
revenue increased
Income from 6,606,617.05 2,772,806.33 3,833,810.72 138.26% Associated company –Shenzhen
investment Zung Fu Tellus Auto-Service Co.,
Ltd. and Shenzhen Dongfeng Auto
Co., Ltd. gains in the Period and
financing income increased
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Income tax expense 1,374,550.92 3,019,169.68 -1,644,618.76 -54.47% Current income tax declined due to
the y-o-y decrease of profit from
subsidiary Zhongtian and Auto
Industry & Commerce Company;
profit grwoth mainly because parent
company gains, and there was
undistributed deficit in previous year
without affected the current income
tax
Net profit 26,215,339.85 18,695,130.86 7,520,208.99 40.23% Profit grwoth mainly because the
attributable to income from property leasing
shareholders of listed increased, investment income for
companies corporate structure increased and the
decline of loan interest
Cash flow statement
Item This cumulative Same period last Amount changed Ratio changed Causes
year
Net cash flow -13,171,768.45 -328,409,890.73 315,238,122.28 Less break-even financing products
arising from purchased in the Period, and costs of
investment the Shuibei Jewelry Building project
activities decreased on a y-o-y basis
Net cash flow -16,495,591.67 337,500,271.84 -353,995,863.51 Repayment of loans interest to SDG
arising from in the Period; at same period of last
financing activities year, cash in-flow increased due to
the private placement
Net increase of 4,873,715.80 46,995,916.20 -42,122,200.40 -89.63%
cash and cash
equivalent
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable □Not applicable
The company has received the “Notification letter about Shenzhen SDG Co., Ltd. plans to reduce holding some
shares of Tellus A” issued by the controlling shareholder Shenzhen SDG Co., Ltd. (hereinafter referred to as
“SDG”) on April 11, 2016, SDG plans to reduce holding at most 5,945,632 shares of the Company (accounting for
no more than 2% of the Company’s total capital) by aggregate auction within 6 months 15 days after the date of
announcement. SDG completed the underweight plan of Tellus A on 29 September 2016
Information index for temporary report
Overview Date for disclosure
disclosure
"Securities Times", "Hong Kong
Shenzhen SDG Co., Ltd. plans to reduce
2016-04-12 Commercial Daily" and
holding some shares of Tellus A
www.cninfo.com.cn: No. 2016-020 –
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
“Announcement on controlling
shareholders’ plan for reducing holding
shares of Shenzhen Tellus (Group) Co.,
Ltd.”
"Securities Times", "Hong Kong
Commercial Daily" and
Shenzhen SDG Co., Ltd. plans to reduce www.cninfo.com.cn: No. 2016-039 –
2016-06-01
holding some shares of Tellus A “Announcement on Reducing Stake in
Shenzhen Tellus Holding Co., Ltd. from
Controlling Shareholder”
”Announcement on Reducing Stake in
Shenzhen Tellus Holding Co., Ltd. from
Controlling Shareholder and Completion
Shenzhen SDG Co., Ltd. plans to reduce
2016-10-10 of Underweight Plan” (Notice No.:
holding some shares of Tellus A
2016-074) released on "Securities Times",
"Hong Kong Commercial Daily" and
www.cninfo.com.cn
III. Commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior
management or other related parties have fulfilled during the reporting period and have not yet fulfilled by
the end of reporting period
√Applicable □ Not applicable
Type of
Commitmen Commitmen Commitm Implementa
Promise commitment Content of commitments
ts t date ent term tion
s
(I) Commitments during the work of Share Merger
Reform of the Company:
1. Commitments on Lock-up period
(1) In accordance with the Measures for the
Administration of the Share Merger Reform of
Other
Listed Companies, SDG would abide by the various
commitmen
laws, regulations and rules, and perform its
t has
statutory commitment duty. (2) Apart from the
completed,
Commitmen Commitmen above-mentioned statutory commitment, SDG also
ts for share ts for share made the following special commitment: with 36 the
SDG 2005-12-25 Long-term
merger merger incentive
reform reform months since the day the reform plan starts to take
mechanism
effect, SDG would not list at Shenzhen Stock
was
Exchange and sell the shares of Tellus it held
immunity
(except for the shares used to promote the
to perform
administration level of Tellus). (3) The
administration level would abide by the laws,
regulations and rules, and perform its statutory
commitment duty. (4) SDG made the commitment:
“The Promiser hereby promises that, if the Promiser
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
failed to fulfill its commitment or not fully fulfill its
commitment, it would compensate other
shareholders for their losses suffered thereafter”. (5)
SDG declared: “The Promiser would dutifully
fulfill its commitments and shoulder corresponding
legal responsibilities. The Promiser would transfer
the shares held by it only if the assignee agree and
have the ability to shoulder the commitment
responsibility.”
2. Special commitment concerning the incentive
mechanism
In order to effectively boost the core management
level and business backbones for long, SDG would
take out its shares, not exceeding 10% in total
number after the Share Merger Reform, and apply
them to the boost of the administration level. The
shares would be sold to the Company’s
administrative level over 3 years, with the selling
price being the net asset value per share audited
during the period nearest to the implementation.
Before the implementation of the promoting plan by
share selling each year, the administration level
must prepay the Company a risk responsibility
fund, i.e. 20% of the planned selling price; Should
the work of the performance examination set by the
Board failed to be finished, the paid risk
responsibility fund would not be refunded and shall
be owned by the Company. Detailed rules
concerning the limitations on the administration
level, such as the subscription conditions and risk
responsibility fund, and boost plans would be set by
the Board and submitted to relevant departments for
approval. The implementation of the shares for
promoting would be conducted strictly according to
relevant laws and regulations, and the circulation
conditions of these shares would be in conformity
with relevant regulations set by the Shenzhen Stock
Exchange.
3. Relevant expenses of this Share Merger Reform
of Tellus would be paid by SDG.
Commitmen SDG, the controlling shareholder of the Company,
ts for Immunity
made a special commitment of incentive
SDG Share 2014-06-26 2016-6-30
mechanism in Share Merger Reform. After that to perform
Merger
SASAC and Ministry of Finance jointly issued a
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Reform “Trial Approach of Equity Incentive for
State-Owned Listed Companies”, and CSRC issued
the “Incentive Management on Shares of Listed
Companies (Trial)”, after comparison, the above
mentioned commitments made by SDG are out of
the relevant regulations and requirement, relevant
commitments are not implemented as a result. On
26 June 2014, the Company actively
communicating with SDG, and promised that on the
premise of subjecting to applicable laws and
regulations and supervision requirements, continues
to support the Company promote a long-term
incentive plan as soon as possible in stead of the
commitments made in share merger reform, and
complete the long-term incentive plan before 30
June 2016. At that time, the long-term incentive
plan shall be implemented after submit for
deliberation in General Meeting.
Commitmen
ts in report
of
acquisition
or equity
change
Commitmen
ts in assets
reorganizati
on
The commitments to the fulfillment of information
disclosure about the company business
development are as follows: except for the
Commitmen information has been disclosed publicly, the
ShenZhen
ts make in Company has not had the disclosed information
Tellus Implementi
initial public Other about asset acquisition and business development 2014-10-17 Long-term
Holding ng
offering or that has not been disclosed within one year. In the
Co.,Ltd
re-financing future, the company shall timely, accurately and
adequately disclose the relevant information
according to the progress of new business and the
related requirements.
Equity
incentive
commitment
Other SDG Horizontal In order to avoid the horizontal competition, the 2014-05-26 Long-term Implementi
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
commitment Competition company’s controlling shareholder, Shenzhen SDG ng
s for
medium and Co., Ltd., has issued the “commitment letter about
small the avoidance of horizontal competition” on May
shareholders
26, 2014. The full commitment letter is as follows:
1. The Company and other enterprises controlled by
the Company except Test Rite Group haven’t
occupied in any business that could substantially
compete with the main businesses of Tellus Group,
and have no horizontal competition relationship
with Tellus Group.
From 2014 to 2016, the company’s profits will first
be used to cover the losses of previous years; after
making up for losses of previous years, in the
premise that the company’s profits and cash flow
can meet the company's normal operations and
long-term development, reward shareholders, the
company will implement positive profit distribution
approaches to reward the shareholders, details are
as follows: 1. The company’s profit distribution can
adopt cash, stock or the combination of cash and
stock or other methods permitted by law. The
foreign currency conversion rates of domestically
listed foreign shares dividend are calculated
according to the standard price of HK dollar against
RMB announced by People's Bank of China on the
ShenZhen first working day after the resolution date of the
Commitmen
Tellus shareholders' meeting. The company prefers to 2016-12-3 Implementi
ts for 2014-06-03
Holding adopt the cash dividends to distribute profits. In 1 ng
dividend
Co.,Ltd order to maintain the adaptability between capital
expansion and performance growth, in the premise
of ensuring the full cash dividend distributions and
the rationality of equity scale and equity structure,
the company can adopt the stock dividend methods
to distribute profits. 2. According to the "Company
Law" and other relevant laws and the provisions of
the company’s "Articles of Association", following
conditions should be satisfied when the company
implements cash dividends: (1) the company's
annual distributable profits (i.e. the after-tax profits
after making up for losses and withdrawing
accumulation funds) are positive value, the
implementation of cash dividends will not affect the
company's subsequent continuing operations; (2)
the audit institution issues the standard audit report
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
with clean opinion to the company's annual
financial report; (3) the company has no significant
investment plans or significant cash outlay (except
for fund-raising projects). Major investment plans
or significant cash outlay refer to: the accumulated
expenditures the company plans to used for
investments abroad, acquisition of assets, or
purchase of equipments within the next 12 months
reach or exceed 30% of the net assets audited in the
latest period. 3. In the premise of meeting the
conditions of cash dividends and ensuring the
company’s normal operation and long-term
development, the company makes cash dividends
once a year in principle, the company’s board of
directors can propose the company to make interim
cash dividends in accordance with the company's
profitability and capital demand conditions. The
proportion of cash dividends in profits available for
distribution and in distribution of profits should
meet the following requirements: (1) in principle,
the company’s profits distributed in cash every year
should not be less than 10% of profit available for
distribution realized in the same year, and the
company’s profits accumulatively distributed in
cash in the last three years should not be less than
30% of the annual average profit available for
distribution realized in the last three years. (2) if the
company’s development stage belongs to mature
stage and there is no significant capital expenditure
arrangement, when distributing profits, the
minimum proportion of cash dividends in this profit
distribution should be 80%; (3) if the company’s
development stage belongs to mature stage and
there are significant capital expenditure
arrangements, when distributing profits, the
minimum proportion of cash dividends in this profit
distribution should be 40%; (4) if the company’s
development stage belongs to growth stage and
there are significant capital expenditure
arrangements, when distributing profits, the
minimum proportion of cash dividends in this profit
distribution should be 20%; when the company's
development stage is not easy to be differed but
there are significant capital expenditure
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
arrangements, please handle according to the
preceding provisions. 4. On the condition of
meeting the cash dividend distribution, if the
company's operation revenue and net profit grow
fast, and the board of directors considers that the
company’s equity scale and equity structure are
reasonable, the company can propose and
implement the dividend distribution plans except
proposing the cash dividend distribution plans.
When allocating stock dividend every time, the
stock dividend per 10 shares should be no less than
1 share. Stock allocation can be implemented
individually or in combination of cash dividends.
When confirming the exact amount of profit
distribution by stock, the company should fully
consider if the general capital after profit
distribution by stock matches with the company’s
current operation scale and profit growth rate and
consider the impact on future financing so as to
make sure the allocation plans meet the overall
interests of all shareholders.
Completed
on Y
time(Y/N)
If the
commitment
s is not
fulfilled on
time, shall
Not applicable
explain the
specify
reason and
the next
work plan
IV. Estimation of operation performance for year of 2016
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the
warning of its material change compared with the corresponding period of the last year and explanation of reason
□Applicable √Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
The Company had no security investment in Period.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form for receiving research, communication and interview in the report
period
□ Applicable √ Not applicable
No registration form for receiving research, communication or interview in the Period.
VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
In RMB
Items Closing balance Opening balance
Current assets:
Monetary funds 164,058,426.73 159,184,710.93
Settlement provisions
Capital lent
Financial assets measured by fair
value and whose change is recorded in
current gains and losses
Derivative financial liability
Notes receivable
Accounts receivable 2,371,704.69 562,051.31
Accounts paid in advance 8,228,194.71 6,454,769.40
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable 348,833.33
Dividend receivable
Other receivables 9,967,724.31 11,128,001.89
Purchase restituted finance asset
Inventories 8,054,506.83 16,151,336.61
Divided into assets held ready for
sales
Non-current asset due within one
year
Other current assets 145,519,674.72 165,565,445.21
Total current assets 338,200,231.99 359,395,148.68
Non-current assets:
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Granted loans and advances
Finance asset available for sales 10,478,985.77 10,478,985.77
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 205,646,228.36 220,180,721.29
Investment property 78,724,901.90 82,100,133.48
Fixed assets 130,839,375.58 136,583,565.00
Construction in progress 321,135,325.60 279,056,650.35
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 53,967,276.67 52,985,273.37
Expense on Research and
Development
Goodwill
Long-term expenses to be
1,430,409.28 1,499,006.24
apportioned
Deferred income tax asset 24,459,236.66 24,488,443.31
Other non-current asset 1,900,000.00 1,900,000.00
Total non-current asset 828,581,739.82 809,272,778.81
Total assets 1,166,781,971.81 1,168,667,927.49
Current liabilities:
Short-term loans
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Accounts payable 21,245,494.85 27,417,068.61
Accounts received in advance 8,877,019.81 11,460,807.66
Selling financial asset of
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深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
repurchase
Commission charge and
commission payable
Wage payable 21,977,131.78 19,639,738.81
Taxes payable 8,981,217.39 10,043,901.26
Interest payable
Dividend payable
Other accounts payable 182,611,185.44 193,797,786.68
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held ready
for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 243,692,049.27 262,359,303.02
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
securities
Long-term account payable 3,920,160.36 13,972,779.67
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities 294,054.59 478,085.12
Other non-current liabilities 13,837,229.65 13,269,356.04
Total non-current liabilities 18,051,444.60 27,720,220.83
Total liabilities 261,743,493.87 290,079,523.85
Owner’s equity:
Share capital 297,281,600.00 297,281,600.00
18
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Other equity instrument
Including: preferred stock
Perpetual capital
securities
Capital public reserve 564,192,605.51 564,192,605.51
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit 29,957,600.34 3,742,260.49
Total owner’s equity attributable to
894,384,392.17 868,169,052.32
parent company
Minority interests 10,654,085.77 10,419,351.32
Total owner’s equity 905,038,477.94 878,588,403.64
Total liabilities and owner’s equity 1,166,781,971.81 1,168,667,927.49
Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Person in charge of Accounting Institution: Ke Wensheng
2. Balance Sheet of parent company
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 108,500,701.59 80,301,551.68
Financial assets measured by fair
value and whose change is recorded in
current gains and losses
Derivative financial liability
Notes receivable
Accounts receivable
Accounts paid in advance 122,280.00 101,280.00
Interest receivable 348,833.33
Dividend receivable
Other receivables 94,994,874.50 93,744,827.52
Inventories
Divided into assets held ready for
sales
19
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Non-current asset due within one year
Other current assets 140,000,000.00 145,000,000.00
Total current assets 343,617,856.09 319,496,492.53
Non-current assets:
Finance asset available for sales 10,176,617.20 10,176,617.20
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 678,592,495.75 682,223,207.17
Investment real estate 50,494,543.30 52,808,715.01
Fixed assets 16,507,990.34 17,096,105.47
Construction in progress 362,279.69 362,279.69
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 401,192.97 478,422.33
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned 252,523.14 31,644.20
Deferred income tax asset 13,917,989.59 13,947,196.24
Other non-current asset
Total non-current asset 770,705,631.98 777,124,187.31
Total assets 1,114,323,488.07 1,096,620,679.84
Current liabilities:
Short-term loans
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable
Accounts payable
Accounts received in advance 1,261,904.73
Wage payable 4,554,923.41 5,247,871.02
Taxes payable 592,517.86 592,579.23
Interest payable
20
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Dividend payable
Other accounts payable 318,298,878.49 320,935,774.45
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 324,708,224.49 326,776,224.70
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
securities
Long-term account payable
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 324,708,224.49 326,776,224.70
Owners’ equity:
Share capita 297,281,600.00 297,281,600.00
Other equity instrument
Including: preferred stock
Perpetual capital
securities
Capital public reserve 560,999,182.23 560,999,182.23
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus reserve 2,952,586.32 2,952,586.32
Retained profit -71,618,104.97 -91,388,913.41
Total owner’s equity 789,615,263.58 769,844,455.14
21
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Total liabilities and owner’s equity 1,114,323,488.07 1,096,620,679.84
3. Consolidated Profit Statement (this report period)
In RMB
Item Current Period Last Period
I. Total operating income 83,602,167.07 73,318,969.97
Including: Operating income 83,602,167.07 73,318,969.97
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 75,859,504.57 62,658,959.82
Including: Operating cost 59,891,629.56 52,890,404.70
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 246,639.86 1,516,494.43
Sales expenses 3,891,996.50 3,240,724.46
Administration expenses 12,238,309.82 4,223,093.43
Financial expenses -409,071.17 788,242.80
Losses of devaluation of asset
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with
1,506,046.09 2,148,416.23
“-”)
Including: Investment income on
677,104.98 762,114.87
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed with
9,248,708.59 12,808,426.38
“-”)
Add: Non-operating income 8,560.80 33,203.05
Including: Disposal gains of
577.67 114.31
non-current asset
22
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Less: Non-operating expense 2.45 3,757.34
Including: Disposal loss of
non-current asset
IV. Total Profit (Loss is listed with “-”) 9,257,266.94 12,837,872.09
Less: Income tax expense 776,681.80 1,818,452.37
V. Net profit (Net loss is listed with “-”) 8,480,585.14 11,019,419.72
Net profit attributable to owner’s of
8,467,387.22 11,044,774.84
parent company
Minority shareholders’ gains and
13,197.92 -25,355.12
losses
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method which
will not be reclassified subsequently to
profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method which
will be reclassified subsequently to profit
or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale financial
23
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
assets
4. The effect hedging portion
of gains or losses arising from cash flow
hedging instruments
5. Translation differences
arising on translation of foreign currency
financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 8,480,585.14 11,019,419.72
Total comprehensive income
8,467,387.22 11,044,774.84
attributable to owners of parent Company
Total comprehensive income
13,197.92 -25,355.12
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0285 0.0372
(ii) Diluted earnings per share 0.0285 0.0372
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party
Legal representative: Lv Hang
Person in charge of accounting works: Yang Jianping
Person in charge of Accounting Institution: Ke Wensheng
4. Profit Statement of parent company (this report period)
In RMB
Item Current Period Last Period
I. Operating income 10,544,125.08 7,506,170.12
Less: operating cost 899,813.96 936,470.47
Operating tax and extras 55,693.33 420,345.54
Sales expenses
Administration expenses 5,298,464.40 4,039,059.62
Financial expenses -15,694.57 962,004.03
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
917,542.39 1,598,806.44
“-”)
Including: Investment income on
89,377.99 647,957.13
affiliated company and joint venture
II. Operating profit (Loss is listed 5,223,390.35 2,747,096.90
24
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
with “-”)
Add: Non-operating income 2.10
Including: Disposal gains of
non-current asset
Less: Non-operating expense
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
5,223,390.35 2,747,099.00
“-”)
Less: Income tax expense 9,735.55 9,735.55
IV. Net profit (Net loss is listed with
5,213,654.80 2,737,363.45
“-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
25
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
VI. Total comprehensive income 5,213,654.80 2,737,363.45
VII. Earnings per share:
(i) Basic earnings per share 0.0175 0.0092
(ii) Diluted earnings per share 0.0175 0.0092
5. Consolidated profit statement (year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Total operating income 240,749,333.55 231,810,751.81
Including: Operating income 240,749,333.55 231,810,751.81
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 219,579,399.79 213,277,142.08
Including: Operating cost 172,714,010.44 169,829,908.61
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 2,650,366.07 4,364,159.61
Sales expenses 11,291,756.73 12,761,144.16
Administration expenses 33,043,336.94 21,004,009.73
Financial expenses -120,070.39 5,317,919.97
Losses of devaluation of asset
26
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with
6,606,617.05 2,772,806.33
“-”)
Including: Investment income on
3,485,886.89 1,231,847.44
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed with
27,776,550.81 21,306,416.06
“-”)
Add: Non-operating income 53,841.70 81,965.15
Including: Disposal gains of
28,682.04 17,208.33
non-current asset
Less: Non-operating expense 5,767.29 41,075.27
Including: Disposal loss of
1,237.84 37,300.18
non-current asset
IV. Total Profit (Loss is listed with “-”) 27,824,625.22 21,347,305.94
Less: Income tax expense 1,374,550.92 3,019,169.68
V. Net profit (Net loss is listed with “-”) 26,450,074.30 18,328,136.26
Net profit attributable to owner’s of
26,215,339.85 18,695,130.86
parent company
Minority shareholders’ gains and
234,734.45 -366,994.60
losses
VI. Net after-tax of other comprehensive
income
Net after-tax of other comprehensive
income attributable to owners of parent
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method which
will not be reclassified subsequently to
profit and loss
(II) Other comprehensive income
27
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
items which will be reclassified
subsequently to profit or loss
1. Share of the other
comprehensive income of the investee
accounted for using equity method which
will be reclassified subsequently to profit
or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale financial
assets
4. The effect hedging portion
of gains or losses arising from cash flow
hedging instruments
5. Translation differences
arising on translation of foreign currency
financial statements
6. Other
Net after-tax of other comprehensive
income attributable to minority
shareholders
VII. Total comprehensive income 26,450,074.30 18,328,136.26
Total comprehensive income
26,215,339.85 18,695,130.86
attributable to owners of parent Company
Total comprehensive income
234,734.45 -366,994.60
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0882 0.0688
(ii) Diluted earnings per share 0.0882 0.0688
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party
6. Profit Statement of parent company (year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Operating income 32,198,383.11 24,564,430.18
28
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Less: operating cost 2,686,818.35 2,797,064.96
Operating tax and extras 850,431.88 1,375,608.08
Sales expenses
Administration expenses 14,493,743.07 10,657,039.59
Financial expenses 38,005.81 4,496,841.46
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed with
5,670,631.08 2,384,794.35
“-”)
Including: Investment income on
2,669,288.58 1,279,287.51
affiliated company and joint venture
II. Operating profit (Loss is listed
19,800,015.08 7,622,670.44
with “-”)
Add: Non-operating income 0.01 2.10
Including: Disposal gains of
non-current asset
Less: Non-operating expense
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
19,800,015.09 7,622,672.54
“-”)
Less: Income tax expense 29,206.65 29,206.65
IV. Net profit (Net loss is listed with
19,770,808.44 7,593,465.89
“-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1. Changes as a result of
re-measurement of net defined benefit
plan liability or asset
2. Share of the other
comprehensive income of the investee
accounted for using equity method
which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1. Share of the other
29
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
comprehensive income of the investee
accounted for using equity method
which will be reclassified subsequently
to profit or loss
2. Gains or losses arising
from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising
from reclassification of held-to-maturity
investment as available-for-sale
financial assets
4. The effect hedging
portion of gains or losses arising from
cash flow hedging instruments
5. Translation differences
arising on translation of foreign
currency financial statements
6. Other
VI. Total comprehensive income 19,770,808.44 7,593,465.89
VII. Earnings per share:
(i) Basic earnings per share 0.0665 0.0280
(ii) Diluted earnings per share 0.0665 0.0280
7. Consolidated Cash Flow Statement (year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling commodities
244,037,171.68 247,996,280.49
and providing 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
Cash received from original insurance
contract fee
Net cash received from reinsurance
business
Net increase of insured savings and
investment
Net increase of amount from disposal
financial assets that measured by fair
value and with variation reckoned into
current gains/losses
30
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
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
31,649,864.23 38,803,328.28
operating activities
Subtotal of cash inflow arising from
275,687,035.91 286,799,608.77
operating activities
Cash paid for purchasing
commodities and receiving labor 143,284,565.42 124,429,614.48
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 45,521,147.58 39,164,297.75
Taxes paid 18,831,501.76 14,756,537.59
Other cash paid concerning
33,508,872.04 70,543,619.10
operating activities
Subtotal of cash outflow arising from
241,146,086.80 248,894,068.92
operating activities
Net cash flows arising from operating
34,540,949.11 37,905,539.85
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
235,800,000.00 218,400,000.00
investment
Cash received from investment
11,567,683.11 7,787,479.44
income
Net cash received from disposal of 195,140.57
31
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
fixed, intangible and 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
247,367,683.11 226,382,620.01
activities
Cash paid for purchasing fixed,
44,239,451.56 116,392,510.74
intangible and other long-term assets
Cash paid for investment 216,300,000.00 438,400,000.00
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
260,539,451.56 554,792,510.74
activities
Net cash flows arising from investing
-13,171,768.45 -328,409,890.73
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
635,500,000.00
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 24,698,215.03
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
660,198,215.03
activities
Cash paid for settling debts 317,595,765.58
Cash paid for dividend and profit
16,495,591.67 4,665,177.61
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
32
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
subsidiaries
Other cash paid concerning
437,000.00
financing activities
Subtotal of cash outflow from financing
16,495,591.67 322,697,943.19
activities
Net cash flows arising from financing
-16,495,591.67 337,500,271.84
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 126.81 -4.76
exchange rate
V. Net increase of cash and cash
4,873,715.80 46,995,916.20
equivalents
Add: Balance of cash and cash
159,184,710.93 80,045,669.65
equivalents at the period -begin
VI. Balance of cash and cash
164,058,426.73 127,041,585.85
equivalents at the period -end
8. Cash Flow Statement of parent company (year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 43,930,329.68 25,064,357.57
services
Write-back of tax received
Other cash received concerning
29,521,045.68 60,212,217.85
operating activities
Subtotal of cash inflow arising from
73,451,375.36 85,276,575.42
operating activities
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 12,826,665.62 11,901,652.33
Taxes paid 3,055,212.65 2,725,836.90
Other cash paid concerning
26,914,233.99 41,317,280.76
operating activities
Subtotal of cash outflow arising from
42,796,112.26 55,944,769.99
operating activities
33
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Net cash flows arising from operating
30,655,263.10 29,331,805.43
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
205,000,000.00 150,000,000.00
investment
Cash received from investment
9,301,342.50 7,405,506.84
income
Net cash received from disposal of
fixed, intangible and 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
214,301,342.50 157,405,506.84
activities
Cash paid for purchasing fixed,
261,864.02 552,442.65
intangible and other long-term assets
Cash paid for investment 200,000,000.00 575,000,000.00
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
200,261,864.02 575,552,442.65
activities
Net cash flows arising from investing
14,039,478.48 -418,146,935.81
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
635,500,000.00
investment
Cash received from loans
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
635,500,000.00
activities
34
深圳市特力(集团)股份有限公司 2016 年第三季度报告全文
Cash paid for settling debts 202,600,000.00
Cash paid for dividend and profit
16,495,591.67 3,630,720.91
distributing or interest paying
Other cash paid concerning
437,000.00
financing activities
Subtotal of cash outflow from financing
16,495,591.67 206,667,720.91
activities
Net cash flows arising from financing
-16,495,591.67 428,832,279.09
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
28,199,149.91 40,017,148.71
equivalents
Add: Balance of cash and cash
80,301,551.68 26,441,746.73
equivalents at the period -begin
VI. Balance of cash and cash
108,500,701.59 66,458,895.44
equivalents at the period -end
II. Audit report
Whether the third quarter report was audited or not
□Yes √No
The third quarter report of the Company has not been audited.
35
