FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
FIYTA Holdings Ltd.
2013 3rd Quarterly Report
October 2013
1
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives of the
Company hereby confirm that there are no fictitious statements, misleading presentation or important
omissions carried in this quarterly report, and shall take all responsibilities, individually and/or jointly, for
the reality, accuracy and completion of the contents.
All the directors attended the board meeting for reviewing the Annual Report.
Mr. Lai Weixuan, the Company leader, Mr. Li Dehua, chief financial officer, and Mr. Hu Xinglong, the
manager of the accounting department (accounting supervisor) hereby confirm the authenticity and
completeness of the financial report enclosed in this quarterly report.
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Section 2 Financial Data Summary and Change of
Shareholders
I. Key Accounting Data and Financial Indicators
May the Company make retroactive adjustment or restatement of the accounting data of the previous years due to change
of the accounting policy and correction of accounting errors?
□ yes √ no
Increase/decrease of the
End of the reporting end of the reporting period
End of the previous year
period vs the end of the previous
year
Total assets, in CNY 3,553,202,767.36 3,326,763,824.86 6.81%
Net profit attributable to the
Company’s shareholders, in
1,509,783,303.29 1,446,677,625.13 4.36%
CNY
Increase/decrease
from the year
Increase/decrease
From year beginning to the
of the reporting
beginning to the end of the
Reporting Period period vs the same
end of the reporting period vs
period of the
reporting period the same period of
previous year (%)
the previous year
(%)
Revenues in CNY 820,332,993.90 5.29% 2,328,686,760.76 2.91%
Net profit attributable to the
Company’s shareholders, in 35,691,788.41 21.38% 104,789,208.28 10.66%
CNY
Net profit attributable to the
Company’s shareholders less
35,207,807.88 20.37% 103,286,039.96 8.31%
the non-recurring
gains/losses, in CNY
Net cash flows arising from
-- -- 140,162,346.92
business activities, in CNY
Basic earning per share
0.091 21.33% 0.267 10.79%
(CNY/share)
Diluted earning per share
0.091 21.33% 0.267 10.79%
(CNY/share)
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Net assets-income ratio ,
2.4% 23.53% 7.08% 7.71%
weighted average, (%)
Non-recurring gain/loss items and amount involved
√ Applicable □ Inapplicable
In CNY
From year beginning to
Items the end of the reporting Notes
period
It is the earning from
disposal of the idle office
building in Chengdu
Gain/loss from disposal of non-current assets, including
440,595.45 amounting to CNY
the part offset from the provision for impairment of assets.
427,651.20 in the current
year and loss from disposal
of other fixed assets.
The government subsidy
amounting to CNY
1,549,493.22 acquired in the
Government subsidy credited to the current gain and loss
current year and credited to
(except the government subsidies closely related with the
the current gain and loss
Company’s business and enjoyable according to the 1,785,493.22
and the government subsidy
unified standard quota or fixed amount specified by the
amounting to CNY
central government).
236,000.00 acquired in
previous years and credited
to the current gain and loss.
Operating income and expenses other than the aforesaid Other various non-operating
-265,607.20
items revenue and expenditure
Less: Amount affected by the income tax 451,637.41
The amount of the minority
equity affected after
deduction of the government
Amount affected by minority equity (after tax) subsidy amounting to CNY
5,675.74
16,993.22 received by 68
Station Co., Ltd., one of the
subsidiaries.
Total 1,503,168.32 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information
Disclosure for Companies Offering their Securities to the Public ? Non-recurring Gains and Losses and its non-recurring
gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering
their Securities to the Public ? Non-recurring Gains and Losses which have been defined as recurring gains and losses, it
is necessary to explain the reason.
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
□ Applicable √ Inapplicable
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the
Reporting Period
In shares
Total shareholders at the end of
29,952
the reporting period
Shares held by the top ten shareholders
Shareholding Number of Number of Pledged or frozen
Nature of
Shareholders Proportion shares held restricted Status of the
Shareholders Quantity
(%) shares held shares
AVIC State-owned 41.49% 162,977,327 162,977,327
International corporate
National Social Domestic 2.23% 8,776,289 0
Security Fund non-state
China Foreign 1.93% 7,586,270 0
Merchants
GOLDEN corporate
Foreign 0.87% 3,418,284 0
CHINA PLUS corporate
KGI ASIA Foreign 0.77% 3,012,085 0
LIMITED
Zhongrong corporate
_Domestic 0.76% 3,000,000 0
International non-state
Zhongrong _Domestic 0.76% 3,000,000 0
International
Essence non-state
Foreign 0.71% 2,778,192 0
International
ICBC ? UBS corporate
Domestic 0.38% 1,500,000 0
SDIC non-state
Hua Domestic 0.32% 1,258,600 0
Hongxiang natural
Shares held by the top ten shareholders without sales restriction
Share Type
Shareholders Number of unrestricted shares
Share Type Q’ty
RMB ordinary
National Social Security Fund
8,776,289 shares (A 8,776,289
110 Portfolio
shares)
Foreign
China Merchants Securities shares listed
7,586,270 7,586,270
(Hong Kong) Limited domestically
(B shares)
Foreign
GOLDEN CHINA PLUS shares listed
3,418,284 3,418,284
MASTER FUND domestically
(B shares)
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Foreign
shares listed
KGI ASIA LIMITED 3,012,085 3,012,085
domestically
(B shares)
Zhongrong International Trust RMB ordinary
Co., Ltd. ? Zhongrong 3,000,000 shares (A 3,000,000
Enhancement No. 21 shares)
hongrong International Trust RMB ordinary
Co., Ltd. ? Zhongrong ? 3,000,000 shares (A 3,000,000
Goldtouch No. 11 Securities shares)
Investment Assembled Funds Foreign
Essence International shares listed
2,778,192 2,778,192
Securities (Hong Kong) Limited domestically
(B shares)
ICBC ? UBS SDIC Selected RMB ordinary
Growth Equity Securities 1,500,000 shares (A 1,500,000
Investment Fund shares)
RMB ordinary
Hua Hongxiang 1,258,600 shares (A 1,258,600
shares)
RMB ordinary
Dai Wen 1,215,200 shares (A 1,215,200
shares)
The Company has never found any business relations among them or any evidence
Relationship/concerted action
proving that they belong to the persons of concerted action as specified in the
among the above shareholders
Measures on Listed Companies on Disclosing the Shareholding Information.
Note to the shareholders
involved in margin financing &
Inapplicable
securities lending (if any)
Did the shareholders conduct agreed repurchase securities trading in the reporting period?
□ yes √ no
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Section 3 Significant Events
I. Great Change in Principal Accounting Statement Items and Financial Indicators
and the Causes
1. Accounts receivable amounting to CNY 400,625,668.32 increased by CNY 91,508,394.01 over the
year beginning with growth rate of 29.60% over the year beginning was mainly due to growth of sales.
2. Advance payments amounting to CNY 133,622,629.81 increased by CNY 58,204,063.41 over the
year beginning is mainly due to that the partial payment in advance has not yet settled in the current year
according to the contract.
3. Accounts payable amounting to CNY 303,917,689.92, increased by CNY 92,620,123.49 over the year
beginning with growth rate of 43.83% is mainly due to increase of procurements in the reporting period
due to growth of sales.
4. Other current assets amounting to CNY 22,914,141.60, decreased by CNY 28,129,260.37 over the
year beginning with decrease rate of 55.11% over the year beginning is mainly due to decrease of the
amount of the input VAT as offset in the reporting period over the year beginning.
5. The short term loans amounting to CNY 1,038,787,629.42, decreased by CNY 371,012,370.58 over
the year beginning was mainly due to that the Company issued corporate bonds and the raised capital
was partially used for repayment of the short term loans.
6. The interest payable at the end of the reporting period amounting to CNY 15,658,033.61, increased by
CNY 8,281,636.05 over the year beginning with growth rate of 225.97%, is mainly due to that the
Company issued corporate bonds, the interest was payable annually and the interest was provided in
the reporting period.
7. The bonds payable amounting to CNY 400,000,000.00 while CNY0.00 at the year beginning is due to
increase of the bonds resulted from the Company’s issuance of CNY400 million of corporate bonds iIn
the reporting period.
8. The sales expenses from the year beginning to the end of the reporting period amounting to CNY
480,619,406.14, increased by CNY 71,754,881.3 over the same period of the previous year with growth
rate of 14.88% is mainly due to increase in wages to employees, rent, market promotion costs,
expenese in malls, etc.
9. Financial costs amounting to CNY 73,912,661.46, decreased by CNY 16,918,423.53 over the same
period of the previous year with decrease rate of 18.63%, is mainly due to that as the interest rates of the
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
bank loans repaid by the Company and that for the corporate bonds as issued were relatively low, the
interest payment decreased correspondingly.
II. Progress of Significant Events, their Impacts and the Analytical Explanation on the
Solutions
Inapplicable
III. Commitments of the Company or its shareholder holding over 5% of the
Company’s total shares in the reporting period or made in the previous period(s) but
sustained to the reporting period.
Commitment Commitment
Commitments Promiser Description Implementation
time term
Commitment for Equity Separation
Reform
Commitments in the acquisition
report or the written report on change
of equity
8
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
AVIC
International
Holdings
Limited shall
not assign
the shares
new
subscribed
within 36
months
commencing
from the end
of the
non-public
offering by
Fiyta
Holdings Ltd.
(December
30, 2010 to
December
29, 2013)
according to
the
Measures for
Administratio
n of Issuing
AVIC of Securities
In process of
Commitment made at IPO or International by Listed December
3 years implementati
re-financing Holdings Companies, 29, 2010
on
Limited the Rules for
Implementati
on of
Non-public
Issuing of
Shares by
Listed
Companies
and the
Rules of
Shenzhen
Stock
Exchange on
Listing
Stocks, and
other law,
9 rules and
regulations
as well as
the Contract
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Other commitments to the minority
shareholders
Has the commitment been timely
Yes
implemented?
The specific cause of failure in
implementation and the next plan (if Inapplicable
any)
IV. Prediction of the Operation Performance in 2013
Inapplicable
V. Securities Investment
Inapplicable
VI. Investment in Derivatives
Inapplicable
VII. Statement of such activities as reception, research, communication, interview in
the reporting period
Reception Way of Types of Visitors Discussion topics and
Reception Time
place reception Visitors received provision of materials
Pingan
Securities Co.,
Ltd. , Rising
Securities Co., Development trend of
Ltd., King Tower the domestic luxury
Asset goods sector, some
Management measures concerning
Company Ltd., the Company’s
ICBC Credit strategic development,
July 18, 2013 Company On-Site Survey Institutions
Suisse Asset brand construction,
Management terminal management
Co. Ltd., in the past three years.
HuaChuang Provision of public
Securities brochures of the first
Brokerage half year of 2013
Co,.Ltd.,
CITIC-Prudenti
al Fund
10
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Management
Company Ltd.,
ORIENT FUND
MANAGEMEN
T CO., LTD.,
LIGHTHORSE
ASSET
MANAGEMEN
T LTD.,
Lombarda
China Fund
Management
Co., Ltd., and
China Southern
Fund
Management
Co., Ltd.
Development trend of
the domestic luxury
ICBC Credit
goods sector, some
Suisse Asset
measures concerning
Management
the Company’s
Co. Ltd., Galaxy
August 27, strategic development,
Company On-Site Survey Institutions Asset
2013 brand construction,
Management
terminal management
Co., Ltd., and
in the past three years.
UBS Securities
Provision of public
Co., Ltd.
brochures of the first
half year of 2013
Shenzhen Office of
CSRC, Shenzhen
Listed Companies
Association and
Receiving
Shenzhen Securities
shareholders
Information Co., Ltd.
for inquiry in an
September 13, jointly held the activity
www.p5w.net Others Others open way by
2013 of “Starting of the
means of the
Interactive Platform for
Internet
the Relations between
Listed Companies and
Investors in Shenzhen
& Online Collective
Reception Day”
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Development trend of
Penghua Fund
the domestic luxury
Management
goods sector, some
Co., Ltd.,
measures concerning
Shenzhen
the Company’s
Team-Top
September 25, strategic development,
Company On-Site Survey Institutions Investment
2013 brand construction,
Management
terminal management
Co., Ltd. and
in the past three years.
Minsheng
Provision of public
Securities Co.,
brochures of the first
Ltd.
half year of 2013
12
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Section 4 Financial Statement
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by FIYTA Holdings Ltd.
In CNY
Items Ending balance Opening balance
Current assets:
Monetary fund 153,882,051.61 140,420,994.71
Settlement Reserve
Inter-bank lending
Trading financial assets 0.00 0.00
Notes receivable 8,100,000.00 2,000,000.00
Accounts receivable 400,625,668.32 309,117,274.31
Prepayments 133,622,629.81 75,418,566.40
Insurance premium
receivable
Reinsurance accounts
receivable
Accounts receivable
reinsurance reserve
Interest receivable 0.00 0.00
Dividends receivable 0.00 0.00
Other receivables 34,397,123.07 33,353,606.26
Buying and selling back
financial assets
Inventories 1,964,169,322.53 1,883,265,248.76
Non-current assets due
0.00 0.00
within a year
Other current assets 22,914,141.60 51,043,401.97
Total current assets 2,717,710,936.94 2,494,619,092.41
Non-Current Assets:
Disbursement of entrusted
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
loans and advances
Available-for-sale financial
0.00 0.00
assets
Held ?to-maturity investment 0.00 0.00
Long-term accounts
0.00 0.00
receivable
Long-term equity investment 41,882,491.79 41,733,741.79
Investment based real estate 237,521,621.23 244,379,430.63
Fixed assets 307,954,448.80 317,801,267.87
Construction-in-process 3,543,980.57 3,866,365.79
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 35,897,481.33 36,749,627.18
Development expenses
Goodwill 0.00 0.00
Long-term expenses to be
142,828,292.89 126,274,611.58
apportioned
Deferred income tax asset 65,863,513.81 61,339,687.61
Other non-current assets 0.00 0.00
Total non-current assets 835,491,830.42 832,144,732.45
Total assets 3,553,202,767.36 3,326,763,824.86
Current liabilities:
Short-term borrowing 1,038,787,629.42 1,409,800,000.00
Borrowings from central
bank
Receipt of deposits and
deposits from other banks
Loans from other banks
Trading financial liabilities 0.00 0.00
Notes payable 0.00 0.00
Accounts payable 303,917,689.92 211,297,566.43
Advance receipts 9,053,183.00 12,131,032.89
Funds from selling out and
repurchasing financial assets
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Service charge and
commission payable
Salaries payable to the
21,914,128.32 28,090,979.22
employees
Taxes payable 73,051,113.22 55,705,075.23
Interest payable 15,658,033.61 7,376,397.56
Dividends payable 0.00 0.00
Other payables 41,171,692.31 37,453,414.11
Reinsurance payable
Insurance contract reserve
Funds from securities
trading agency
Funds from underwriting
securities agency
Non-current liabilities due
0.00 55,846,683.00
within a year
Other current liabilities 6,803,790.45 10,088,432.90
Total current liabilities 1,510,357,260.25 1,827,789,581.34
Non-Current Liabilities:
Long term borrowings 126,617,506.59 48,383,020.45
Bonds payable 400,000,000.00 0.00
Long term accounts payable 0.00 0.00
Special accounts payable 0.00 0.00
Predicted liabilities 0.00 0.00
Deferred income tax liability 0.00 0.00
Other non-current liabilities 4,050,000.00 1,506,000.00
Total non-current liabilities 530,667,506.59 49,889,020.45
Total liabilities 2,041,024,766.84 1,877,678,601.79
Owners’ equity (or shareholders’
equity):
Paid up capital (or capital
392,767,870.00 392,767,870.00
stock)
Capital reserve 525,506,952.78 525,506,952.78
Less: shares in stock
Special reserve
Surplus reserve 148,587,680.61 148,587,680.61
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Generic risk reserve
Retained earnings 452,497,098.06 386,984,676.78
Foreign Currency Capital -9,576,298.16 -7,169,555.04
Total owner’s equity attributable to
1,509,783,303.29 1,446,677,625.13
the parent company
Minority equity 2,394,697.23 2,407,597.94
Owners’ equity (or shareholders’
1,512,178,000.52 1,449,085,223.07
equity)
Total liabilities and owners’ equity
3,553,202,767.36 3,326,763,824.86
(or shareholders’ equity)
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
2. Balance Sheet, Parent Company
Prepared by FIYTA Holdings Ltd.
In CNY
Items Ending balance Opening balance
Current assets:
Monetary fund 45,223,480.83 51,372,778.02
Trading financial assets
Notes receivable
Accounts receivable 241,317,444.17 240,591,979.60
Prepayments 10,976,867.85 7,400,499.96
Interest receivable
Dividends receivable 90,931,618.19 15,960,140.05
Other receivables 1,125,334,685.87 879,008,377.75
Inventories 326,238.78
Non-current assets due
within a year
Other current assets 54,219.30 45,265.96
Total current assets 1,513,838,316.21 1,194,705,280.12
Non-Current Assets:
Available-for-sale financial
assets
Held ?to-maturity investment
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Long-term accounts
receivable
Long-term equity investment 774,082,211.79 773,933,461.79
Investment based real estate 237,521,621.23 244,379,430.63
Fixed assets 109,432,642.54 113,532,673.59
Construction-in-process 3,543,980.57 3,866,365.79
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 29,546,789.74 30,390,445.62
Development expenses
Goodwill
Long-term expenses to be
10,952,293.98 9,959,330.37
apportioned
Deferred income tax asset 354,202.35 424,050.46
Other non-current assets
Total non-current assets 1,165,433,742.20 1,176,485,758.25
Total assets 2,679,272,058.41 2,371,191,038.37
Current liabilities:
Short-term borrowing 810,000,000.00 949,800,000.00
Trading financial liabilities
Notes payable
Accounts payable 1,309,492.81 6,871,761.93
Advance receipts 1,870,542.07 1,393,704.45
Salaries payable to the
1,812,530.00 4,130,000.00
employees
Taxes payable 5,491,351.33 7,275,698.17
Interest payable 15,281,944.36 6,207,032.78
Dividends payable
Other payables 14,687,402.27 14,215,414.94
Non-current liabilities due
within a year
Other current liabilities
Total current liabilities 850,453,262.84 989,893,612.27
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Non-Current Liabilities:
Long term borrowings
Bonds payable 400,000,000.00
Long term accounts payable
Special accounts payable
Predicted liabilities
Deferred income tax liability
Other non-current liabilities 4,050,000.00 1,506,000.00
Total non-current liabilities 404,050,000.00 1,506,000.00
Total liabilities 1,254,503,262.84 991,399,612.27
Owners’ equity (or shareholders’
equity):
Paid up capital (or capital
392,767,870.00 392,767,870.00
stock)
Capital reserve 531,162,493.88 531,162,493.88
Less: shares in stock
Special reserve
Surplus reserve 148,587,680.61 148,587,680.61
Generic risk reserve
Retained earnings 352,250,751.08 307,273,381.61
Foreign Currency Capital
Owners’ equity (or shareholders’
1,424,768,795.57 1,379,791,426.10
equity)
Total liabilities and owners’ equity
2,679,272,058.41 2,371,191,038.37
(or shareholders’ equity)
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
3. Consolidated Statement of Profit of the Reporting Period
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Gross Revenues 820,332,993.90 779,096,852.28
Including: revenues 820,332,993.90 779,096,852.28
II. Total operating costs 774,975,862.76 740,282,029.07
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Including: operating costs 533,805,232.73 505,705,145.48
Business taxes and
6,225,551.59 4,944,057.30
surcharges
Selling expenses 165,283,534.28 148,317,531.89
Administrative
43,592,235.02 49,806,480.45
expenses
Financial expenses 26,089,252.66 31,227,213.95
Loss from impairment
-19,943.52 281,600.00
of assets
Plus: Income from change of
0.00
fair value (loss is stated with “-“)
Investment income
40,309.27 -213,572.76
(loss is stated with “-“)
Including: return on
investment in associates and joint 40,309.27 -213,572.76
ventures
Exchange income
0.00
(loss expressed with “-“)
III. Operating Profit (loss is stated
45,397,440.41 38,601,250.45
with “-“)
Plus: Non-operating income 1,186,094.30 298,764.47
Less: Non-operating
540,864.82 91,188.43
expenses
Including: Loss from
64.00 0.00
disposal of non-current assets
IV. Total profit (total loss is stated
46,042,669.89 38,808,826.49
with “-“)
Less: Income tax expense 10,465,419.98 9,378,379.58
V. Net Profit (net loss is stated with
35,577,249.91 29,430,446.91
“-“)
Including: Net profit realized
by the consolidatee realized 0.00
before the consolidation
Net profit attributable to the
35,691,788.41 29,406,087.04
parent company’s owner
Minority shareholders’
-114,538.50 24,359.87
gain/loss
VI. Earnings per share: -- --
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FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
(I) Basic earnings per share 0.091 0.075
(II) Diluted earnings per
0.091 0.075
share
VII. Other comprehensive income 1,141,916.94 -11,564.11
VIII. Total comprehensive income 36,719,166.85 29,418,882.80
Total comprehensive income
attributable to the owner of the 36,832,650.49 29,394,463.00
parent company
Total comprehensive income
attributable to minority -113,483.64 24,419.80
shareholders
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
4. Statement of Profit of the Reporting Period, Parent Company
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Revenue 29,486,566.23 20,892,033.83
Less: Business costs 10,725,103.31 6,798,347.50
Business taxes and
1,295,178.41 1,248,089.77
surcharges
Selling expenses 1,677,558.97 3,152,473.98
Administrative expenses 11,287,692.20 9,364,752.13
Financial expenses 2,903,876.84 9,757,225.50
Loss from impairment of
0.00 0.00
assets
Plus: Income from change of
0.00 0.00
fair value (loss is stated with “-“)
Investment income (loss
40,309.27 -213,572.76
is stated with “-“)
Including: return on
investment in associates and joint 40,309.27 -213,572.76
ventures
II. Operating Profit (loss is stated
1,637,465.77 -9,642,427.81
with “-“)
Plus: Non-operating income 1,169,960.82 111,026.00
20
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Less: Non-operating
500,000.00 10,000.00
expenses
Including: Loss from
0.00 0.00
disposal of non-current assets
III. Total profit (total loss is stated
2,307,426.59 -9,541,401.81
with “-“)
Less: Income tax expense 816,779.33 0.00
IV. Net Profit (net loss is stated
1,490,647.26 -9,541,401.81
with “-“)
V. Earnings per share -- --
(I) Basic earnings per share 0.004 -0.024
(II) Diluted earnings per
0.004 -0.024
share
VI. Other comprehensive income 0.00 0.00
VII. Total comprehensive income 1,490,647.26 -9,541,401.81
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
5. Consolidated Statement of Profit from Year Beginning to the End of the Reporting Period
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Gross Revenues 2,328,686,760.76 2,262,852,663.64
Including: revenues 2,328,686,760.76 2,262,852,663.64
Interest income
Earned premium
Service charge and
commission income
II. Total operating costs 2,201,785,410.65 2,143,632,308.12
Including: operating costs 1,504,674,899.37 1,492,740,032.38
Interest payment
Service charge and
commission payment
Refunded premiums
Compensation
pay-out, net
21
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Net amount of
reserves for reinsurance contract
Policy dividend
payment
Reinsurance
expenses
Business taxes and
15,824,371.16 13,277,740.81
surcharges
Selling expenses 480,619,406.14 408,864,524.84
Administrative
121,816,218.76 137,641,623.80
expenses
Financial expenses 73,912,661.46 90,831,084.99
Loss from impairment
4,937,853.76 277,301.30
of assets
Plus: Income from change of
0.00 0.00
fair value (loss is stated with “-“)
Investment income
148,750.00 -22,198.90
(loss is stated with “-“)
Including: return on
investment in associates and joint 148,750.00 -22,198.90
ventures
Exchange income
0.00
(loss expressed with “-“)
III. Operating Profit (loss is stated
127,050,100.11 119,198,156.62
with “-“)
Plus: Non-operating income 2,747,532.50 2,140,407.12
Less: Non-operating
787,051.03 196,616.65
expenses
Including: Loss from
27,379.73 11,895.85
disposal of non-current assets
IV. Total profit (total loss is stated
129,010,581.58 121,141,947.09
with “-“)
Less: Income tax expense 24,220,605.75 26,552,203.90
V. Net Profit (net loss is stated with
104,789,975.83 94,589,743.19
“-“)
Including: Net profit realized
by the consolidatee realized 0.00 -2,130,265.54
before the consolidation
22
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Net profit attributable to the
104,789,208.28 94,695,504.66
parent company’s owner
Minority shareholders’
767.55 -105,761.47
gain/loss
VI. Earnings per share: -- --
(I) Basic earnings per share 0.267 0.241
(II) Diluted earnings per
0.267 0.241
share
VII. Other comprehensive income -2,406,743.12 -1,497,054.45
VIII. Total comprehensive income 102,383,232.71 93,092,688.74
Total comprehensive income
attributable to the owner of the 102,396,133.42 93,193,278.91
parent company
Total comprehensive income
attributable to minority -12,900.71 -100,590.17
shareholders
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
6. Statement of Profit from Year Beginning to the End of the Reporting Period, Parent Company
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Revenues 74,259,652.04 103,752,296.39
Less: Business costs 17,531,103.73 53,066,416.01
Business taxes and
4,321,718.46 5,253,236.09
surcharges
Selling expenses 5,523,585.63 10,482,080.69
Administrative expenses 32,450,408.38 29,664,287.75
Financial expenses 3,364,699.62 22,424,028.75
Loss from impairment of
210,607.55 -4,298.70
assets
Plus: Income from change of
0.00 0.00
fair value (loss is stated with “-“)
Investment income (loss
75,120,228.14 75,937,941.15
is stated with “-“)
23
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Including: return on
investment in associates and joint 148,750.00 -22,198.90
ventures
II. Operating Profit (loss is stated
85,977,756.81 58,804,486.95
with “-“)
Plus: Non-operating income 2,170,795.44 1,484,717.87
Less: Non-operating
680,000.00 102,474.40
expenses
Including: Loss from
0.00 872.93
disposal of non-current assets
III. Total profit (total loss is stated
87,468,552.25 60,186,730.42
with “-“)
Less: Income tax expense 3,214,395.78 0.00
IV. Net Profit (net loss is stated
84,254,156.47 60,186,730.42
with “-“)
V. Earnings per share -- --
(I) Basic earnings per share 0.215 0.153
(II) Diluted earnings per
0.215 0.153
share
VI. Other comprehensive income 0.00 0.00
VII. Total comprehensive income 84,254,156.47 60,186,730.42
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
7. Consolidated Cash Flow Statement from Year Beginning to the End of the Reporting Period
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Net cash flows arising from
operating activities:
Cash received from sales of
2,525,213,280.51 2,506,889,513.03
goods and supply of labor
Net increase of customers’
deposit and due from banks
Net increase of borrowings
from the central bank
Net increase of borrowings
24
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
from other financial institutions
Cash received from former
insurance contract premium
Net cash received from
reinsurance business
Net increase of insurance
reserve and investment
Net increase from disposal
of transactional financial asset
Cash received from interest,
service charge and commission
Net increase of borrowings
Net increase of fund from
repurchases
Rebated taxes received 0.00 0.00
Other operation activity
27,305,927.43 21,035,980.44
related cash receipts
Subtotal of cash flow in from
2,552,519,207.94 2,527,925,493.47
operating activity
Cash paid for purchase of
goods and reception of labor 1,735,951,264.18 1,934,849,697.18
services
Net increase of loans and
advances to customers
Net increase of due from
central bank and due from banks
Cash paid for indemnity of
original insurance contract
Cash paid for interest,
service charge and commission
Cash paid for insurance
policy dividend
Cash paid to and for staff 291,952,406.85 268,802,125.78
Taxes paid 134,878,406.55 140,458,696.96
Other business related cash
249,574,783.44 237,338,950.16
payments
Subtotal of cash flow out from
2,412,356,861.02 2,581,449,470.08
operating activity
25
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Net cash flow arising from
140,162,346.92 -53,523,976.61
operating activities
II. Cash flows arising from
investment activities:
Cash received from recovery
0.00 0.00
of investment
Cash received from
0.00 300,000.00
investment income
Net amount of cash received
from disposal of fixed assets,
681,662.51 80,768.34
intangible assets and other long
term assets
Net cash received from
disposal of subsidiaries and other 0.00 0.00
operating units
Other investment related
0.00 0.00
cash receipts
Subtotal of cash flow in from
681,662.51 380,768.34
investment activity
Cash paid for construction/
purchase of fixed assets,
82,149,345.20 76,725,027.37
intangible assets and other long
term assets
Cash paid for investment 0.00 28,050,000.00
Net increase of
hypothecated loans
Net cash received from
payment by subsidiaries and other 0.00 0.00
operating units
Other investment related
0.00 0.00
cash payments
Subtotal of cash flow out from
82,149,345.20 104,775,027.37
investment activity
Net cash flow arising from
-81,467,682.69 -104,394,259.03
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
0.00 0.00
absorption of investment
26
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Incl.: Cash received from
subsidiaries’ absorption of minority 0.00 0.00
shareholders’ investment
Cash received from
1,411,242,441.63 1,982,000,000.00
borrowings
Cash received from bond
issuing
Other fund-raising related
0.00 125,000,000.00
cash receipts
Subtotal of cash flow in from fund
1,411,242,441.63 2,107,000,000.00
raising activity
Cash paid for liabilities
1,360,719,147.65 1,701,047,634.10
repayment
Cash paid for dividend/profit
distribution or repayment of 93,413,745.70 127,740,935.85
interest
Including: Dividend and
profit paid by subsidiaries to 0.00 0.00
minority shareholders
Other fund-raising related
1,702,986.00 126,612,772.60
cash payments
Subtotal of cash flow out from fund
1,455,835,879.35 1,955,401,342.55
raising activity
Net cash flow arising from
-44,593,437.72 151,598,657.45
fund-raising activities
IV. Influence from change of
exchange rate upon cash and -640,169.61 205,521.69
cash equivalents
V. Net increase of cash and cash
13,461,056.90 -6,114,056.50
equivalents
Plus: Opening balance of
140,420,994.71 179,972,430.02
cash and cash equivalents
VI. Ending balance of cash and
153,882,051.61 173,858,373.52
cash equivalents
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
27
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
8. Cash Flow Statement from Year Beginning to the End of the Reporting Period, Parent
Company
Prepared by FIYTA Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Net cash flows arising from
operating activities:
Cash received from sales of
68,908,634.11 76,892,347.12
goods and supply of labor
Rebated taxes received 0.00 0.00
Other operation activity
221,828,454.56 192,267,882.99
related cash receipts
Subtotal of cash flow in from
290,737,088.67 269,160,230.11
operating activity
Cash paid for purchase of
goods and reception of labor 5,318,017.56 10,311,457.55
services
Cash paid to and for staff 30,929,894.43 29,646,247.37
Taxes paid 12,156,114.65 27,729,182.82
Other business related cash
420,895,162.38 122,348,674.48
payments
Subtotal of cash flow out from
469,299,189.02 190,035,562.22
operating activity
Net cash flow arising from
-178,562,100.35 79,124,667.89
operating activities
II. Cash flows arising from
investment activities:
Cash received from recovery
0.00 0.00
of investment
Cash received from
0.00 94,907,884.20
investment income
Net amount of cash received
from disposal of fixed assets,
672,000.00 58,000.00
intangible assets and other long
term assets
Net cash received from
disposal of subsidiaries and other 0.00 0.00
operating units
28
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Other investment related
0.00 0.00
cash receipts
Subtotal of cash flow in from
672,000.00 94,965,884.20
investment activity
Cash paid for
construction/purchase of fixed
7,309,977.32 13,761,135.43
assets, intangible assets and
other long term assets
Cash paid for investment 0.00 0.00
Net cash received from
payment by subsidiaries and other 0.00 0.00
operating units
Other investment related
0.00 0.00
cash payments
Subtotal of cash flow out from
7,309,977.32 13,761,135.43
investment activity
Net cash flow arising from
-6,637,977.32 81,204,748.77
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
0.00 0.00
absorption of investment
Cash received from
1,066,900,000.00 1,422,000,000.00
borrowings
Cash received from bond
issuing
Other fund-raising related
0.00 0.00
cash receipts
Subtotal of cash flow in from fund
1,066,900,000.00 1,422,000,000.00
raising activity
Cash paid for liabilities
809,800,000.00 1,476,300,000.00
repayment
Cash paid for dividend/profit
distribution or repayment of 76,346,233.52 104,418,469.92
interest
Other fund-raising related
1,702,986.00 1,612,772.60
cash payments
Subtotal of cash flow out from fund
887,849,219.52 1,582,331,242.52
raising activity
29
FIYTA Holdings Ltd. 2013 3rd Quarterly Report, Full Text
Net cash flow arising from
179,050,780.48 -160,331,242.52
fund-raising activities
IV. Influence from change of
exchange rate upon cash and 0.00 0.00
cash equivalents
V. Net increase of cash and cash
-6,149,297.19 -1,825.86
equivalents
Plus: Opening balance of
51,372,778.02 49,327,161.12
cash and cash equivalents
VI. Ending balance of cash and
45,223,480.83 49,325,335.26
cash equivalents
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua Manager of the Accounting Dept: Hu
Xinglong
II. Auditors’ Report
The 3rd quarterly report has not been audited.
30