FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
FIYTA HOLDINGS LTD.
2017 First Quarterly Report
April 2017
1
FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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 1st Quarterly Report, Full 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
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Section 4 Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by Fiyta Holdings Ltd.
March 31, 2017
In CNY
Items Ending balance Opening balance
Current assets:
Monetary funds 374,803,763.34 428,802,755.81
Settlement Reserve
Inter-bank lending
Financial assets which were
measured based on the fair value
and its change was counted to the
current gain and loss
Derivative financial assets
Notes receivable 11,401,129.29 7,662,556.28
Accounts receivable 338,296,600.73 306,671,021.69
Prepayments 29,281,140.20 33,709,656.73
Insurance premium
receivable
Reinsurance accounts
receivable
Accounts receivable
reinsurance reserve
Interest receivable
Dividends receivable
Other receivables 37,484,355.88 33,393,017.28
Buying and selling back
financial assets
Inventories: 1,922,890,215.30 1,997,097,192.38
Assets classified as that held
for sale
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Non-current assets due
within a year
Other current assets 17,756,295.38 20,344,532.09
Total current assets 2,731,913,500.12 2,827,680,732.26
Non-Current Assets:
Loan provision and
advances
Available-for-sale financial
85,000.00 85,000.00
assets
Held –to-maturity investment
Long-term accounts
receivable
Long-term equity investment 43,423,624.87 43,423,624.87
Investment based real estate 287,819,108.61 244,202,635.09
Fixed assets 560,820,727.00 611,204,169.03
Construction-in-progress
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 38,317,947.18 38,751,903.42
Development expenses
Goodwill
Long-term expenses to be
122,063,419.94 133,688,403.88
apportioned
Deferred income tax asset 92,772,133.11 95,179,575.26
Other non-current assets 14,210,754.64 10,681,518.91
Total non-current assets 1,159,512,715.35 1,177,216,830.46
Total assets 3,891,426,215.47 4,004,897,562.72
Current liabilities:
Short-term Loan 977,152,240.00 1,098,438,070.00
Borrowings from central
bank
Receipt of deposits and
deposits from other banks
Loans from other banks
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Financial liabilities which
were measured based on the fair
value and its change was charged
to the current gain and loss
Derivative financial liabilities
Notes payable
Accounts payable 188,058,080.26 215,422,089.74
Advance receipts 12,204,036.00 13,902,703.90
Funds from selling out and
repurchasing financial assets
Service charge and
commission payable
Salaries payable to the
23,827,983.80 45,254,585.69
employees
Taxes payable 56,618,676.58 50,945,289.31
Interest payable 2,292,766.17 2,475,969.65
Dividends payable
Other payables 64,182,575.82 53,733,080.99
Reinsurance payable
Insurance contract reserve
Funds from securities
trading agency
Funds from underwriting
securities agency
Liabilities classified as that
held for sale
Non-current liabilities due
8,000,000.00 26,117,387.52
within a year
Other current liabilities 12,966,626.25 2,379,148.19
Total current liabilities 1,345,302,984.88 1,508,668,324.99
Non-Current Liabilities:
Long term borrowings 115,591,082.07 115,301,048.00
Bonds payable
Including: preferred shares
Permanent liabilities
Long term accounts payable
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Long term remuneration
payable to employees
Special accounts payable
Predicted liabilities
Deferred income 5,980,000.00 5,980,000.00
Deferred income tax liability
Other non-current liabilities
Total non-current liabilities 121,571,082.07 121,281,048.00
Total liabilities 1,466,874,066.95 1,629,949,372.99
Owner’s equity
Capital stock 438,744,881.00 438,744,881.00
Other equity instruments
Including: preferred shares
Permanent liabilities
Capital reserve 1,062,455,644.22 1,062,455,644.22
Less: shares in stock
Other comprehensive
-7,348,295.59 -11,778,498.24
income
Special reserve
Surplus reserve 193,961,700.45 193,961,700.45
General risk reserve
Retained earnings 733,305,836.01 687,986,807.74
Total owner’s equity attributable to
2,421,119,766.09 2,371,370,535.17
the parent company
Minority equity 3,432,382.43 3,577,654.56
Total owners’ equity 2,424,552,148.52 2,374,948,189.73
Total liabilities and owners’ equity 3,891,426,215.47 4,004,897,562.72
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
2. Balance Sheet, Parent Company
In CNY
Items Ending balance Opening balance
Current assets:
Monetary funds 205,709,935.96 270,947,926.47
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Financial assets which were
measured based on the fair value
and its change was counted to the
current gain and loss
Derivative financial assets
Notes receivable
Accounts receivable 2,109,181.29 255,995.64
Prepayments
Interest receivable
Dividends receivable
Other receivables 1,122,304,699.59 1,191,947,054.57
Inventories:
Assets classified as that held
for sale
Non-current assets due
within a year
Other current assets 6,812,125.42 5,805,712.39
Total current assets 1,336,935,942.26 1,468,956,689.07
Non-Current Assets:
Available-for-sale financial
85,000.00 85,000.00
assets
Held –to-maturity investment
Long-term accounts
receivable
Long-term equity investment 1,256,593,344.87 1,256,593,344.87
Investment based real estate 251,707,401.81 207,804,447.15
Fixed assets 367,013,243.56 414,581,425.11
Construction-in-progress
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 32,006,875.54 32,438,001.77
Development expenses
Goodwill
Long-term expenses to be 5,438,363.12 5,721,622.60
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
apportioned
Deferred income tax asset 1,502,555.54 1,502,555.54
Other non-current assets 12,606,627.27 10,681,518.91
Total non-current assets 1,926,953,411.71 1,929,407,915.95
Total assets 3,263,889,353.97 3,398,364,605.02
Current liabilities:
Short-term Loan 788,000,000.00 908,000,000.00
Financial liabilities which
were measured based on the fair
value and its change was charged
to the current gain and loss
Derivative financial liabilities
Notes payable
Accounts payable 70,829,448.90 77,826,174.63
Advance receipts 1,868,010.99 2,767,858.84
Salaries payable to the
1,594,297.52 8,020,288.56
employees
Taxes payable 2,476,943.11 2,883,511.63
Interest payable 1,239,391.76 1,312,644.11
Dividends payable
Other payables 17,944,357.25 18,959,721.51
Liabilities classified as that
held for sale
Non-current liabilities due
8,000,000.00 8,000,000.00
within a year
Other current liabilities 2,000,000.00
Total current liabilities 893,952,449.53 1,027,770,199.28
Non-Current Liabilities:
Long term borrowings 109,861,928.00 109,861,928.00
Bonds payable
Including: preferred shares
Permanent liabilities
Long term accounts payable
Long term remuneration
payable to employees
Special accounts payable
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Predicted liabilities
Deferred income 5,980,000.00 5,980,000.00
Deferred income tax liability
Other non-current liabilities
Total non-current liabilities 115,841,928.00 115,841,928.00
Total liabilities 1,009,794,377.53 1,143,612,127.28
Owner’s equity
Capital stock 438,744,881.00 438,744,881.00
Other equity instruments
Including: preferred shares
Permanent liabilities
Capital reserve 1,068,111,185.32 1,068,111,185.32
Less: shares in stock
Other comprehensive
income
Special reserve
Surplus reserve 193,961,700.45 193,961,700.45
Retained earnings 553,277,209.67 553,934,710.97
Total owners’ equity 2,254,094,976.44 2,254,752,477.74
Total liabilities and owners’ equity 3,263,889,353.97 3,398,364,605.02
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
3. Consolidated Profit Statements
In CNY
Amount incurred in the reporting Amount incurred in the previous
Items
period period
I. Gross Revenue 817,002,183.65 732,961,459.52
Including: revenue 817,002,183.65 732,961,459.52
Interest income
Earned premium
Service charge and
commission income
II. Total operating cost 756,759,272.83 699,085,465.34
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Including: operating costs 488,900,711.23 436,060,603.32
Interest payment
Service charge and
commission payment
Refunded premiums
Compensation pay-out, net
Net amount of reserves
for reinsurance contract
Policy dividend
payment
Reinsurance expenses
Taxes and surcharges 7,733,658.73 6,787,845.66
Sales expenses 196,629,430.17 189,666,151.53
Administrative
47,948,663.96 47,858,157.93
expenses
Financial expenses 14,236,954.13 18,789,950.59
Loss from impairment
1,309,854.61 -77,243.69
of assets
Plus: Income from change of
fair value (loss is stated with “-“)
Investment income (loss
is stated with “-“)
Including: income from
investment in associates and joint
ventures
Exchange income (loss is
stated with “-“)
III. Operating Profit (loss is stated
60,242,910.82 33,875,994.18
with “-“)
Plus: Non-operating income 249,619.51 354,721.40
Including: Gains from
654.08
disposal of non-current assets
Less: Non-operating
332,598.86 352,534.06
expenses
Including: Loss from
4,148.67 27,636.46
disposal of non-current assets
IV. Total Profit (total loss stated with
60,159,931.47 33,878,181.52
“-“)
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
Less: Income tax expense 14,949,437.81 6,776,540.61
V. Net Profit (loss stated with “-“) 45,210,493.66 27,101,640.91
Net profit attributable to the
45,319,028.27 27,251,347.69
parent company’s owner
Minority shareholders’ gain
-108,534.61 -149,706.78
and loss
VI. Net of other comprehensive
4,356,727.61 6,264,029.30
income after tax
Net of other comprehensive
income after tax attributable to the 4,393,465.13 6,264,029.30
parent company’s owner
(I) Other comprehensive
income which cannot be
re-classified into the gain and loss
1. Movement of the net
liabilities and net assets
re-measured for setting the
beneficial plan
2. Share enjoyable in
the other comprehensive income in
which the investee cannot be
re-classified into the gain and loss
under the equity method
(II) Other comprehensive
income which cannot be
4,393,465.13 6,264,029.30
re-classified into the gain and loss
in future
1. Share enjoyable in
the other comprehensive income in
which the investee cannot be
re-classified into the gain and loss
under the equity method in future
2. Gain/loss from
change in the fair value of the
financial assets available for sale
3. Gain/loss from which
the held-to-maturity investment is
re-classified as available-for-sale
financial assets
4. Valid part of the
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
gain/loss from cash flow hedge
5. Conversion margin
of the financial statements in foreign 4,430,202.65 6,264,029.30
currency
6. Others
Net amount of other
comprehensive income after tax -36,737.52
attributable to minority shareholders
VII. Total comprehensive income 49,567,221.27 33,365,670.21
Total comprehensive income
attributable to the parent company’s 49,712,493.40 33,515,376.99
owner
Total comprehensive income
-145,272.13 -149,706.78
attributable to minority shareholders
VIII. Earnings per share:
(I) Basic earnings per share 0.1033 0.0621
(II) Diluted earnings per share 0.1033 0.0621
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
4. Profit Statement, Parent Company
In CNY
Amount incurred in the reporting
Items Amount incurred in the previous period
period
I. Revenue 26,393,302.54 24,693,834.10
Less: Business costs 4,729,351.55 3,342,845.07
Taxes and surcharges 1,083,437.18 1,444,143.60
Sales expenses
Administrative expenses 18,349,759.49 14,016,583.20
Financial expenses 3,089,008.13 4,002,675.61
Loss from impairment of
-503,603.10
assets
Plus: Income from change of
fair value (loss is stated with “-“)
Investment income (loss
135,344,660.36 135,344,660.36
is stated with “-“)
Including: income from
20
FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
investment in associates and joint
ventures
II. Operating Profit (loss is stated
-858,253.81 137,232,246.98
with “-“)
Plus: Non-operating income 106,000.00 6,200.00
Including: Gains from
disposal of non-current assets
Less: Non-operating
20,000.00 300,000.00
expenses
Including: Loss from
disposal of non-current assets
III. Total Profit (total loss stated
-772,253.81 136,938,446.98
with “-“)
Less: Income tax expense -114,752.51 54,747.75
IV. Net profit ( net loss is stated
-657,501.30 136,883,699.23
with “-“)
V. Net of other comprehensive
income after tax
(I) Other comprehensive
income which cannot be
re-classified into the gain and loss
1. Movement of the
net liabilities and net assets
re-measured for setting the
beneficial plan
2. Share enjoyable in
the other comprehensive income
in which the investee cannot be
re-classified into the gain and loss
under the equity method
(II) Other comprehensive
income which cannot be
re-classified into the gain and loss
in future
1. Share enjoyable in
the other comprehensive income
in which the investee cannot be
re-classified into the gain and loss
under the equity method in future
2. Gain/loss from
21
FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
change in the fair value of the
financial assets available for sale
3. Gain/loss from
which the held-to-maturity
investment is re-classified as
available-for-sale financial assets
4. Valid part of the
gain/loss from cash flow hedge
5. Conversion margin
of the financial statements in
foreign currency
6. Others
VI. Total comprehensive income -657,501.30 136,883,699.23
VII. Earnings per share:
(I) Basic earnings per share -0.0015 0.3120
(II) Diluted earnings per
-0.0015 0.3120
share
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
5. Consolidated Cash Flow Statement
In CNY
Amount incurred in the reporting
Items Amount incurred in the previous period
period
I. Net cash flows arising from
operating activities:
Cash received from sales of
901,753,425.29 809,792,456.04
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
from other financial institutions
Cash received from former
insurance contract premium
Net cash received from
22
FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
reinsurance business
Net increase of insurance
reserve and investment
Net increase of financial
assets which were measured
based on the fair value and its
change was counted to the
current gain and loss
Cash received from interest,
service charge and commission
Net increase of borrowings
Net increase of fund from
repurchases
Rebated taxes received 6,421.29
Other operation activity
6,148,695.18 5,448,946.61
related cash receipts
Subtotal of cash flow in from
907,902,120.47 815,247,823.94
operating activity
Cash paid for purchase of
goods and reception of labor 493,549,424.89 414,539,635.03
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 145,950,506.66 148,093,012.70
Taxes paid 65,328,598.56 76,692,233.41
Other business activity
80,155,691.24 78,427,757.65
related cash payments
Subtotal of cash flow out from
784,984,221.35 717,752,638.79
operating activity
Net cash flow arising from
122,917,899.12 97,495,185.15
operating activities
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
II. Cash flows arising from
investment activities:
Cash received from
recovery of investment
Cash received from
investment income
Net amount of cash
received from disposal of fixed
3,711.89 220.00
assets, intangible assets and
other long term assets
Net cash received from
disposal of subsidiaries and other
operating units
Other investment related
cash receipts
Subtotal of cash flow in from
3,711.89 220.00
investment activity
Cash paid for
construction/purchase of fixed
27,525,982.75 49,904,732.71
assets, intangible assets and
other long term assets
Cash paid for investment
Net increase of
hypothecated loans
Net cash received from
payment by subsidiaries and
other operating units
Other investment related
cash payments
Subtotal of cash flow out from
27,525,982.75 49,904,732.71
investment activity
Net cash flow arising from
-27,522,270.86 -49,904,512.71
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
absorption of investment
Incl.: Cash received from
subsidiaries’ absorption of
24
FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
minority shareholders’ investment
Cash received from
150,000,000.00 315,000,000.00
borrowings
Cash received from bond
issuing
Other fund-raising related
cash receipts
Subtotal of cash flow in from fund
150,000,000.00 315,000,000.00
raising activity
Cash paid for liabilities
287,848,859.66 443,053,583.30
repayment
Cash paid for dividend/profit
distribution or repayment of 11,238,305.01 33,673,252.94
interest
Including: Dividend and
profit paid by subsidiaries to
minority shareholders
Other fund-raising related
992,669.19
cash payments
Subtotal of cash flow out from
299,087,164.67 477,719,505.43
fund raising activity
Net cash flow arising from
-149,087,164.67 -162,719,505.43
fund-raising activities
IV. Influence from change of
exchange rate upon cash and -307,456.06 -173,188.97
cash equivalents
V. Net increase of cash and cash
-53,998,992.47 -115,302,021.96
equivalents
Plus: Opening balance of
427,227,755.81 637,387,875.93
cash and cash equivalents
VI. Ending balance of cash and
373,228,763.34 522,085,853.97
cash equivalents
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
6. Cash Flow Statement, Parent Company
In CNY
Items Amount incurred in the reporting Amount incurred in the previous period
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
period
I. Net cash flows arising from
operating activities:
Cash received from sales of
24,955,185.50 23,691,590.71
goods and supply of labor
Rebated taxes received
Other operation activity
82,490,973.36 1,037,138.23
related cash receipts
Subtotal of cash flow in from
107,446,158.86 24,728,728.94
operating activity
Cash paid for purchase of
goods and reception of labor
services
Cash paid to and for staff 19,491,631.31 22,276,696.93
Taxes paid 2,703,524.81 2,132,790.01
Other business activity
8,080,814.04 98,776,583.80
related cash payments
Subtotal of cash flow out from
30,275,970.16 123,186,070.74
operating activity
Net cash flow arising from
77,170,188.70 -98,457,341.80
operating activities
II. Cash flows arising from
investment activities:
Cash received from
recovery of investment
Cash received from
112,000,000.00
investment income
Net amount of cash
received from disposal of fixed
assets, intangible assets and
other long term assets
Net cash received from
disposal of subsidiaries and other
operating units
Other investment related
cash receipts
Subtotal of cash flow in from
112,000,000.00
investment activity
Cash paid for 12,737,502.11 29,283,647.41
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
construction/purchase of fixed
assets, intangible assets and
other long term assets
Cash paid for investment 42,270,000.00
Net cash received from
payment by subsidiaries and
other operating units
Other investment related
cash payments
Subtotal of cash flow out from
12,737,502.11 71,553,647.41
investment activity
Net cash flow arising from
-12,737,502.11 40,446,352.59
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
absorption of investment
Cash received from
150,000,000.00 315,000,000.00
borrowings
Cash received from bond
issuing
Other fund-raising related
cash receipts
Subtotal of cash flow in from fund
150,000,000.00 315,000,000.00
raising activity
Cash paid for liabilities
270,000,000.00 400,000,000.00
repayment
Cash paid for dividend/profit
distribution or repayment of 9,659,058.99 29,713,522.43
interest
Other fund-raising related
992,669.19
cash payments
Subtotal of cash flow out from
279,659,058.99 430,706,191.62
fund raising activity
Net cash flow arising from
-129,659,058.99 -115,706,191.62
fund-raising activities
IV. Influence from change of
exchange rate upon cash and -11,618.11
cash equivalents
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FIYTA HOLDINGS LTD. 2017 1st Quarterly Report, Full Text
V. Net increase of cash and cash
-65,237,990.51 -173,717,180.83
equivalents
Plus: Opening balance of
269,372,926.47 512,294,824.81
cash and cash equivalents
VI. Ending balance of cash and
204,134,935.96 338,577,643.98
cash equivalents
Legal representative: Xu Dongsheng Chief Financial Officer: Chen Zhuo Person in charge of the
Accounting Department: Tian Hui
II. Auditors’ Report
Has the First Quarterly Report been Audited
No
The Board of Directors of FIYTA Holdings Ltd.
April 19, 2017
28
