FIYTA Holding Ltd. 2015 Semi-annual Report Summary
Stock Codes: 000026 200026 Short form of the Stocks: FIYTA A and FIYTA B Announcement No: 2016-028
FIYTA Holdings Ltd.
2016 Semi-Annual Report, Summary
1. Important Notice
This summary of the Semi-annual Report is quoted out of the full text of the Semi-annual Report. Investors desirous to
understand details of the Semi-annual Report are advised to read carefully the full text of the Semi-annual Report which
is publised in http://www.cninfo.com.cn and the official website of Shenzhen Stock Exchange, the websites designated by
CSRC.
Company Information
Short form of the stocks FIYTA A, FIYTA B Stock Codes 000026, 200026
Stock Exchange Listed with Shenzhen Stock Exchange
Liaison Persons and the Way of
Secretary of the Board Securities Affairs Representative
Contact
Names Lu Wanjun Zhang Yong
Tel. 0755－86013198 0755－86013669
Fax 0755－83348369 0755－83348369
E-mail investor@fiyta.com.cn investor@fiyta.com.cn
2. Financial Data Summary and Change of Shareholders
(1) Financial Data Summary
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
No
Increase/decrease in the
Same Period of the reporting period vs the
Reporting period
Previous Year corresponding period of
the previous year (%)
Revenues in CNY 1,479,527,783.18 1,683,793,247.59 -12.13%
Net profit attributable to the Company’s
60,513,019.44 73,109,419.73 -17.23%
shareholders, in CNY
Net profit attributable to the Company’s
shareholders less the non-recurring 59,792,409.84 71,958,085.27 -16.91%
gains/losses, in CNY
Net cash flows arising from operating
217,609,732.54 172,253,778.56 26.33%
activities, in CNY
Basic earning per share (CNY/share) 0.1379 0.1861 -25.90%
Diluted earning per share (CNY/share) 0.1379 0.1861 -25.90%
Net assets-income ratio, weighted
2.59% 4.36% -1.77%
average (%)
Increase/decrease of the
End of the reporting report period vs the same
End of the previous year
period period of the previous
year (%)
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FIYTA Holding Ltd. 2015 Semi-annual Report Summary
Total assets, in CNY 4,012,803,246.93 4,246,670,045.02 -5.51%
Net assets attributable to the
Company’s shareholders, in CNY 2,325,432,058.26 2,299,215,650.21 1.14%
(2) Sharesholding of the Top 10 Shareholders of Common Shares
In Shares
Total shareholders of common shares
at the end of the reporting period
35,906
Shareholding of the top 10 shareholders of common shares
Number of restricted shares held by Pledging or freezing
Shareholder’s Shareholding Number of
Nature them Status of the
Names proportion (%) shares held Number
shares
AVIC
State corporate
International
shareholder
37.15% 162,977,327 0
Holdings Limited
Golden
Eagle-Minsheng
Bank-Golden
Domestic
Eagle-Wens –
non-state
Junye Flexible
corporate 2.08% 9,131,232 4,674,329
Configuration No.
shareholder
3 Assets
Management
Plan
Manulife Teda
Fund – Minsheng
Bank - Manulife
Teda Value
Domestic
Growth
non-state
Oriented
corporate
2.07% 9,093,259 9,093,259
additional
shareholder
issuance No. 351
Asset
Management
Plan
Sws Mu
Assets-China
Merchants Bank –
China Resources Domestic
Szitic Trust – non-state
Ruihua Fixed corporate
1.92% 8,429,118 8,429,118
Growth Hedge shareholder
Fund No. 2
Assembled Funds
Trust Plan
Tibet
Autonomous
State corporate
Region
shareholder
1.13% 4,976,551 4,976,551
Investment Co.,
Ltd.
Manulife Teda
Fund – ICBC –
Manulife Teda
Domestic
International
non-state
Trade Orient
corporate 1.04% 4,546,630 4,546,630
Dingzengbao No.
shareholder
1 Assets
Management
Plan
China
Life Insurance Co
mpany Ltd. – Domestic
Dividend – non-state
Personal corporate
0.80% 3,500,000 0
Dividend - shareholder
005L-FH002
Shen
China Life Domestic
0.63% 2,773,800 0
Insurance(Group) non-state
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FIYTA Holding Ltd. 2015 Semi-annual Report Summary
Company – corporate
Traditional – shareholder
General
Insurance
Product
Domestic natural
Dai Wen
person
0.46% 2,009,321 0
Essence
International Overseas
Securities (Hong corporate
0.46% 2,000,000 0
Kong) Limited
Of the top ten shareholders, both Manulife Teda Fund – Minsheng Bank - Manulife Teda Value Growth
Oriented Additional Issuance No. 351 Asset Management Plan and Manulife Teda Fund – ICBC – Manulife
Teda International Trade Orient Dingzengbao No. 1 Assets Management Plan are subsidiaries of Manulife
Explanation on associated
Teda Fund Management Co., Ltd. and the total 13,639,889 shares held by them were restricted shares
relationship or consistent action of
issued by the Company in a non-public way. Both China Life Insurance Company Ltd. – Dividend –
the above shareholders
Personal Dividend - 005L-FH002 Shen and China Life Insurance(Group) Company – Traditional – General
Insurance Product are subsidiaries of China Life Insurance(Group) Company and the total 6,273,800
shares held by them were outstanding Renminbi common shares.
Note to the shareholders involved in
Inapplicable
securities margin trading (if any)
(3) Fact Sheet of the Top 10 Shareholders of Preferred Shares
Inapplicable
(4) Change in Controlling Shareholder or Actual Controller
Inapplicable
3. Discussion and Analysis of the Management
During the reporting period, the environment of the macroeconomy and the retail consumption industry were still
confronted with bigger pressure of growth. The situation of the domestic watch retail market was still not optimistic. Under
such background, the Company faced the environment pressure with the attitudes of innovation and progressiveness,
working hard for prosperity, and facing challenges, continued to stick to its own philosophy and brand development
strategy, constantly improved the business operation in the Chinese market with “deep ploughing, fusion, innovation and
improving efficiency” as its strategic theme of the year, constantly improved the business in the Chinese market and kept
a close watch on the Chinese people’s market; with customers’ demand as the original point, carefully studied the trend of
the industry, accurately identified the customers’ demands, kept creating excellent own brand ethnic group and high
efficiency famous watch retail comprehensive service supplier, focused on brand construction, customer study, business
model innovation and new business exploration, etc. and tried every means to realized good performance result. In the
reporting period, the Company realized operating revenue amounting to RMB 1,479,527,783.18, a 12.13% year-on-year
drop; realized net profit amounting to RMB 60,513,019.44, a 17.23% year-on-year drop. In the second quarter, the
comprehensive growth on moving base of the net profit realized by the Company was 22.06% over the first quarter.
During the reporting period, HARMONY carried out the operation work in series in in a deep-going way with all the work
centering the customers, strove to improve output of individual shops, continuously optimized the inventory structure,
shop-front structure, vitalized the low efficiency assets, energetically developed repairing services, kept carrying forward
rapid development of e-commerce. During the reporting period, HARMONY continued to enhance transformation and
upgrading of the business model, realized operating revenue amouting to RMB 929,986,317.85, a 17.76% year-on-year
drop but the operating profit got improved mildly.
During the reporting period, the Company implemented the customer study in full operation for the own brand business
with FIYTA as the core, looked into and grasped the trend of demand of different consumer groups, further refined and
enriched the DNA of the own brand, optimized the progress of launching new products, reinforced the cost control ability;
accelerated increase of investment in accurate marketing through the Internet, enhanced the exposure of the brand and
improved the brand influence and reputation; enhanced the construction of shopping guide ability, improved the capability
of channel operation. In the reporting period, the Company kept carrying forward newly-developng businesses, and
realized good development in smart watches, e-commerce, ONAS&VERUS and overseas business
During the reporting period, the Company kept steady growth in income from properties and realized revenue amounting
to RMB 49,145,205.51, a 3.70% year-on-year growth.
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FIYTA Holding Ltd. 2015 Semi-annual Report Summary
4. Relevant Matters in Connection with Financial Report
(1) Change in accounting policy, accounting estimate and way of accounting in comparison with
the financial report of the previous year
Inapplicable
(2) Retrospective restatement necessary for correction of significant accounting errors during
the reporting period
Inapplicable
(3) Note to changes in the range of the consolidated statements in comparison with the financial
report of the previous year
Inapplicable
(4) Explanation of the Board of Directions and the Supervisory Committee on the Qualified
Auditor’s Report Issued by the CPAs
Inapplicable
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