FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Stock Code: 000026 200026 Short Form of Stock: FIYTA A, FIYTA B Announcement No: 2017-007
FIYTA Holdings Ltd.
2017 First Quarterly Report, Text
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Section 1 Important Notes
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby
individually and collectively accept responsibility for the correctness, accuracy and completeness of the
contents of this Quarterly Report and confirm that there are neither material omissions nor errors which
would render any statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr. Xu Dongsheng, the Company leader, Mr. Chen Zhuo, the chief financial officer, and Mr. Tian Hui, the
manager of the accounting department (treasurer) hereby confirm the authenticity, accuracy and
completeness of the financial report enclosed in this Quarterly Report.
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Section 2 Company Information
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
No
Increase/decrease of
Reporting period Same Period of the the report period vs the
Previous Year same period of the
previous year
Operating revenue, in CNY 817,002,183.65 732,961,459.52 11.47%
Net profit attributable to the
45,319,028.27 27,251,347.69 66.30%
Company’s shareholders, in CNY
Net profit attributable to the
Company’s shareholders less the 45,377,622.54 27,249,320.31 66.53%
non-recurring items, in CNY
Net cash flows arising from operating
122,917,899.12 97,495,185.15 26.08%
activities, in CNY
Basic earning per share (CNY/share) 0.1033 0.0621 66.34%
Diluted earning per share
0.1033 0.0621 66.34%
(CNY/share)
Net assets-income ratio, weighted
1.89% 1.18% 0.71%
average
Increase/decrease of
End of the reporting End of the previous the end of the report
period year period vs the end of the
previous year
Total assets, in CNY 3,891,426,215.47 4,004,897,562.72 -2.83%
Net assets attributable to the
2,421,119,766.09 2,371,370,535.17 2.10%
Company’s shares, in CNY
Non-recurring gain/loss items and the amount involved
In CNY
From year beginning to
Items the end of the reporting Notes
period
Gain and loss from disposal of non-current assets,
including the part offset with the provision for impairment -4,148.67
of assets
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Government subsidy recognized in current gain and loss
(excluding those closely related to the Company’s
201,900.00
business and granted under the state’s policies according
to certain quota of amount or volume)
Income and expenses from the business other than the
-280,730.68
above items
Less: Amount affected by the income tax -24,385.08
Total -58,594.27 --
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.
Inapplicable
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the
Reporting Period
1. Statement of Total Shareholders of Common Shares and the Referred Shares with the Voting
Power Recovered and the Shares Held by Top Ten Shareholders
In shares
Total shareholders of
Total shareholders of common
preferred shares with
shares at the end of the 36,884 0
voting power recovered (if
reporting period
any)
Shares held by the Top Ten Shareholders
Number of Pledged or frozen
Shareholders’ Nature of Proportion of Number of
restricted Status of the
Names Shareholders shares held shares held Q’ty
shares held shares
CATIC
State-owned
Shenzhen 37.15% 162,977,327 0
corporate
Holdings Limited
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
MANULIFE
TEDA Fund－
Minsheng Bank
－MANULIFE
Domestic
TEDA Value
non-state-owned 1.39% 6,099,959 0
Growth Oriented
corporate
Additional Issue
No. 351 Assets
Management
Program
Xizang Investme State-owned
1.13% 4,976,551 0
nt Co., Ltd. corporate
Chongqing Inter
Domestic
national Trust
non-state-owned 1.07% 4,698,740 0
Co., Ltd. -CIT
corporate
No. 2 Trust
Golden Eagle
Fund- Minsheng
Bank-Golden
Eagle Wenshi Domestic
Junye Flexible non-state-owned 1.07% 4,674,329 0
Disposition No. 3 corporate
Assets
Management
Program
MANULIFE
TEDA
Fund-ICBC-
MANULIFE
Domestic
TEDA GUOMAO
non-state-owned 0.96% 4,200,000 0
DONGFANG
corporate
DINGZENGBAO
No.1 Assets
Management
Program
Domestic
Xu Guoliang 0.58% 2,544,395 0
natural person
Domestic
Dai Wen 0.46% 2,009,321 0
natural person
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Essence
International Overseas
0.46% 2,000,000 0
Securities (Hong corporate
Kong) Limited
Zhonghai Trust
Co., Ltd. -
Zhonghai Jufa- Domestic
New Share non-state-owned 0.45% 1,996,160 0
Appointed corporate
Subscription No.
3 Fund Trust
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of the Share type
Shareholder’s Name reporting period
Share type Quantity
CATIC Shenzhen Holdings Limited 162,977,327 A-shares 162,977,327
MANULIFE TEDA Fund－ Minsheng
Bank－MANULIFE TEDA Value
6,099,959 A-shares 6,099,959
Growth Oriented Additional Issue No.
351 Assets Management Program
Xizang Investment Co., Ltd. 4,976,551 A-shares 4,976,551
Chongqing International Trust Co.,
4,698,740 A-shares 4,698,740
Ltd. -CIT No. 2 Trust
Golden Eagle Fund- Minsheng
Bank-Golden Eagle Wenshi Junye
4,674,329 A-shares 4,674,329
Flexible Disposition No. 3 Assets
Management Program
MANULIFE TEDA Fund-ICBC-
MANULIFE TEDA GUOMAO
4,200,000 A-shares 4,200,000
DONGFANG DINGZENGBAO No.1
Assets Management Program
Xu Guoliang 2,544,395 A-shares 2,544,395
Dai Wen 2,009,321 A-shares 2,009,321
Essence International Securities
2,000,000 B-shares 2,000,000
(Hong Kong) Limited
Zhonghai Trust Co., Ltd. - Zhonghai
Jufa- New Share Appointed 1,996,160 A-shares 1,996,160
Subscription No. 3 Fund Trust
Explanation to the associated Of the top 10 shareholders, both MANULIFE TEDA Fund－ Minsheng Bank－MANULIFE TEDA
relationship or consistent action Value Growth Oriented Additional Issue No. 351 Assets Management Program and MANULIFE
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
among the aforesaid shareholders. TEDA Fund-ICBC- MANULIFE TEDA GUOMAO DONGFANG DINGZENGBAO No.1 Assets
Management Program are subsidiaries of MANULIFE TEDA Fund Management Co, Ltd.; the total
10,299,959 shares in the Company held by them are all restricted shares issued non-publically.
These restricted shares were all relieved for trading commencing from January 16, 2017.
Note to the top 10 shareholders
involved in margin financing & Inapplicable
securities lending (if any)
Did the top ten common shareholders or top ten shareholders of unrestricted common shares conduct contractual
repurchase during the reporting period?
No
2. Total shareholders of the Company's preferred shares and statement of shareholding of the
top 10 shareholders of the preferred shares
Inapplicable
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
Section 3 Significant Events
I. Movements and the causes of major financial data and financial indicators in the
reporting period
Items in Balance Sheet
Change rate
Items Ending balance Opening balance Cause of Change
(%)
It was mainly due increase of
Notes receivable 11,401,129.29 7,662,556.28 48.79% acceptance bills received in the
reporting period
It was mainly due to increase of the
Other non-current assets
14,210,754.64 10,681,518.91 33.04% advance payment for equipment
purchase
It was mainly due to that the bonus
Accrued payroll 23,827,983.80 45,254,585.69 -47.35% payable to employees for year 2016
were paid in the reporting period
It was mainly due to that partial long
Non-current liabilities due term loan due within a year at the year
8,000,000.00 26,117,387.52 -69.37%
within a year beginning was repaid in the reporting
period
It was mainly due to increase of the
Other current liabilities 12,966,626.25 2,379,148.19 445.01% accrued expenses at the end of the
reporting period
Items in Profit Statement
Same Period of
Reporting Change rate
Items the Previous Reason of Change
Period (%)
Year
It was mainly due to decrease of the
Financial expenses 14,236,954.13 18,789,950.59 -24.23% interest-bearing liabilities and drop of
interest rate
It was mainly due to growth of the
Total profit 60,159,931.47 33,878,181.52 77.58% revenue from principal business and
improvement of earning power
It was mainly due to that with
Income tax expenses 14,949,437.81 6,776,540.61 120.61% improvement of the earning power, the
income tax increased correspondingly
Items of Cash Flow Statement
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
From year
Same Period of
beginning to the Change rate
Items the Previous Reason of Change
end of the (%)
Year
reporting period
It was mainly due to that the principal
Cash paid for purchase and works of the Watch Industry Base in
construction of fixed assets, Guangming New Zone was completed
27,525,982.75 49,904,732.71 -44.84%
intangible assets and other in construction and the relevant
long term assets investment in the reporting period
reduced.
It was mainly due to that the
interest-bearing liabilities due in the
Cash received from loans 150,000,000.00 315,000,000.00 -52.38%
reporting period decreased over the
same period of the previous year
It was mainly due to that the
interest-bearing liabilities due in the
Cash paid for debt repayment 287,848,859.66 443,053,583.30 -35.03%
reporting period decreased over the
same period of the previous year
It was mainly due to that with decrease
Cash paid for dividend/profit
of the interest-bearing liabilities and
distribution or repayment of 11,238,305.01 33,673,252.94 -66.63%
drop of the interest rate, the interest
interest
payment decreased correspondingly.
II. Progress of Significant Events, its Impacts and the Solutions
Inapplicable
III. Failure in Due Fulfillment of Commitments of the Actual Controllers, Shareholders,
Affiliates, and Acquirers of Listed Companies as Well as the Listed Companies
during the Reporting Period
Inapplicable
IV. Prediction of the Operation Results of January to June 2017
Inapplicable
V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
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FIYTA HOLDINGS LTD. 2017 FIRST QUARTERLY REPORT, TEXT
VII. Registry of such Activities as Reception of the Visitors of Survey,
Communications, Interview, etc. during the Reporting Period
Reference to the basic information in
Reception time Way of reception Types of visitors received
the survey
15th February 2017 On-the-spot survey Institution www.cninfo.com.cn
15th March 2017 On-the-spot survey Institution www.cninfo.com.cn
VIII. Outward Guarantee against the Regulations
Inapplicable
IX. The Company’s Fund Occupied by its Controlling Shareholder or Related Party
for Non-operation Purpose
Inapplicable
The Board of Directors of FIYTA Holdings Ltd.
April 19, 2017
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