深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Shenzhen Textile (Holdings) Co., Ltd.
The Third Quarterly Report 2013
October 2013
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and expecutives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
Mr. Wang Bin, Person in charge of the Company, Jin Zhenyuan , Person in charge of accounting works, Mr.
LiuYi ,CFO as well as person in charge of accounting institution represent and warrant the financial and
accounting report in the Quarterly report is true and complete.
All of the directors presented the board meeting at which this Quarterly Report was examined.
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
II.Main financial data and changes of shareholders
（1）Main accounting data and financial 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
As at the end of the reporting Changed （%）over end of
As at the end of last year
period prev. year
Gross assets（RMB） 2,853,140,500.86 1,880,660,667.21 51.71%
Net assets attributable to the
shareholders of the listed company 2,256,646,759.86 1,303,011,954.39 73.19%
（RMB）
Increase/decrease over
January 1, 2013 to Changed （%）over
Reporting period the same period of last
September 30,2013 end of prev. year
year（%）
Operating income（RMB） 251,984,347.54 40.34% 828,332,357.60 49.25%
Net profit attributable to the
shareholders of the listed company 11,059,110.41 126.32% 7,417,008.24 112.21%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable
-19,729,683.23 53.32% -43,933,464.23 34.92%
to the shareholders of listed
company（RMB）
Cash flow generated by business
-- -- -121,003,527.06 -32.3%
operation, net（RMB）
Basic earning per
0.02 116.67% 0.02 111.11%
share(RMB/Share)
Diluted gains per
0.02 116.67% 0.02 111.11%
share(RMB/Share)(RMB/Share)
Weighted average income/asset
0.49% Increased by 3.64% 0.38% Increased by 4.9%
ratio（%）
Items and amount of non-current gains and losses
√Applicable □Not applicable
Unit:RMB
Amount
Items (Year-beginning to Notes
the end of the
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
report period.)
Non-current asset disposal
gain/loss(including the write-off part for
4,815,825.02
which assets impairment provision is
made)
Mainly including the amortized governmental R&D subsidy of
RMB5,932,485.00,High-tech industrialization demonstration
project matching funds amortization was RMB 150,000.00，
new flat panel display industry of special projects amortization
was RMB 750,000 state grant funds, the Shenzhen Municipal
Finance Committee allocated a loan discount amortization of
RMB 247,687.91，TFT-LCD polarizing film industry projects
grant funds amortization was RMB 1,041,666.67，The amount
Govemment subsidy recognized in
of amortization of special fund for the development of new
current gain and loss(excluding those
material industry (line 5): RMB 375,000.00，Futian District,
closely related to the Company’s 10,008,733.58
Shenzhen industry development funds grants was RMB
business and granted under the state’s
522,400.00，the Shenzhen Municipal Committee of emerging
policies)
industries of strategic financial subsidies was RMB 240,000.00,
Financial aid for the R&D projects of key enterprises provided
by Futian General Chamber of Commerce: RMB 600,000.00，
Financial appropriation from state vault (reward for formulation
of industrial standards): RMB 80,000.00, Financial aid for
patents provided by Shenzhen Market Administration: RMB
8,000.00，Shenzhen SME development, Booth subsidy was
RMB 61,494.00.
Gain/loss from change of fair value of
transactional financial asset and
liabilities, and investment gains from
disposal of transactional financial assets Investment income obtained through the secondary
45,579,513.51
and liabilities and sellable financial market to sell the *ST Shen Victor Onward A
assets other than valid period value
instruments related to the Company’s
common businesses.
Other non-business income and
4,587,125.45
expenditures other than the above
Less：Amount of influence of income tax 13,640,725.09
Total 51,350,472.47 --
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.
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
□ Applicable√ Not applicable
(II)Total number of shareholders at the end of report period and Particular about shares held by top ten
shareholders
Unit：Shares
Total number of shareholders at the
17,060
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or Freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
Shenzhen
Investment State-owned legal
46.21% 234,069,436 51,457,976
Holdings Co., person
Ltd.
Tibet Ruihua
Domestic non
Investment
State-owned 4.17% 21,108,061 21,108,061
Development
Legal person
Co., Ltd.
National Social
Security Fund Other 3.45% 17,500,000 17,500,000
portfolio 501
Pingan Dahua
Fund Company－
Pingan Bank－
Pingan Intrust
Other 3.39% 17,156,003 17,156,003
PinganWealth＊
trust fund plan of
Chuangying stage
1 No. 13
Domestic non
CITIC Securities
State-owned 3.39% 17,152,959 17,152,659
Co., Ltd.
Legal person
Pingan Dahua
Fund Company－
Other 3.39% 17,152,659 17,152,659
Pingan Bank－
Wang Fang
Huaan Fund
Company－ICBC Other 3.39% 17,152,658 17,152,658
－Huarong
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
IntrustEquity
investment trust
fund plan of
Huaan Fund
NO.2
Shenzhen
Shenchao
State-owned
Technology 3.18% 16,129,032
Legal person
Investment Co.,
Ltd.
ICBC－Nuoan
Securities Other 0.89% 4,500,000 4,500,000
Investment Fund
ICBC-Nuoan
Value grow
Other 0.49% 2,500,000 2,500,000
Securities
Investment Fund
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of the Share type
Name of the shareholder
reporting period Share type Quantity
Shenzhen Investment Holdings Co., RMB Common
182,611,460 182,611,460
Ltd. shares
Shenzhen Shenchao Technology RMB Common
16,129,032 16,129,032
Investment Co., Ltd. shares
Foreign shares
TUNG SHING SECURITIES placed in
1,604,767 1,604,767
(BROKERS) LIMITED domestic
exchange
Foreign shares
placed in
Zheng Bangsheng 1,203,800 1,203,800
domestic
exchange
RMB Common
Pan Zhiyong 1,100,007 1,100,007
shares
Chongqing International Trust
RMB Common
Co.,Ltd.－Jinzhong Hexiding 1,013,790 1,013,790
shares
Securities investment trust fund set
Huarun SZITIC Trust Co., Ltd.－
RMB Common
The 960,002 960,002
shares
Yellow River No.9 trust plan
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Foreign shares
placed in
Xu Ruijiang 791,688 791,688
domestic
exchange
RMB Common
Fang Minjun 781,170 781,170
shares
RMB Common
Huang Mianshi 705,460 705,460
shares
Explanation on associated Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned subsidiary of
relationship or consistent action Shenzhen Investment Holdings Co., Ltd. and a person taking concerted action. Except this,
among the top 10 shareholders of the Company did not whether there is relationship between the top ten shareholders holding
non-restricted negotiable shares and non-restricted negotiable shares and between the top ten shareholders holding non-restricted
that between the top 10 shareholders negotiable shares and the top 10 shareholders or whether they are persons taking concerted
of non-restricted negotiable shares action defined in Regulations on Disclosure of Information about Shareholding of
and top 10 shareholders Shareholders of Listed Companies.
Explanation on shareholders
1,100,007 shares in the stock account opened at CITIC Securities Co., Ltd. on basis credit
participating in the margin trading
transaction and guarantee are held by Pan Zhiyong。
business(if any )
Did any shareholder of the Company carry out an agreed buy-back in the reporting period?
□ Yes √ No
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
III Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its reason.
（1）The ending balance of monetary capital increased by RMB 467.9533 million and 201.34% over
beginning of period mainly because the Company privately issued RMB ordinary shares according to the
Approval of Private Issue of Shares of Shenzhen Textile (Holding) Co., Ltd. (Zheng Jian Permit [2013] No. 2
Document) issued by China Securities Regulatory Commission and the funds thus raised have not been
completely used;
（2） The ending balance of bills receivable decreased by RMB 7.8143million and 38.8% over beginning of
period mainly due to endorsed assignment;
（3）The ending balance of accounts receivable increased by RMB 56.4931 million and 55.97% over
beginning of period mainly due to the increase of trade account receivable in credit period;
（4） The ending balance of payment in advance increased by RMB 75.1481 million and 591.20% over
beginning of period mainly due to the increase of export orders near the end of current period;
（5）The ending balance of inventories increased by RMB97.3721 million and 67.97% over beginning of
period mainly due to the increase of raw materials necessary for production of polarizer;
（6） The ending balance of other current assets increased by RMB 300 million and 100% over beginning of
period mainly due to the increase of structural deposit of RMB 300 million;
（7）Financial assets available for sale decreased by RMB 25.4002 million and 36.2% over the beginning of
period mainly because part of financial assets available for sale held by the Company were sold through
secondary market in the first three quarters;
（8）The ending balance of construction in progress increased by RMB 51.787 million and 447.35% over
beginning of period. These funds were mainly invested in the phase-II project of polarizer for TFT-LCD;
（9）Deferred income tax assets increased by RMB 9.5747 million and 32.37% over the beginning of period
mainly due to the increase of the assets of deferred income tax for deductible losses recognized in current period;
（10）The ending balance of short-term loan decreased by RMB 29.3433 million and 73.08% over beginning
of period due to the decrease of working capital loan in current period;
（11）The ending balance of accounts payable increased by RMB 38.9621 million and 38.49% over beginning
of period mainly due to increase of purchase of raw materials necessary for production of polarizer and increase of
accounts payable for outsourced products;
（12）The ending balance of advance collections increased by RMB 70.5802 million and 275.02% over
8
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
beginning of period mainly due to increase of advances on sales for export trade near the end of period;
（13）Staff and workers' remuneration payable decreased by RMB 7.866 million and 30.35% over the
beginning of period mainly due to the encashment of the reward for staff and workers based on performance
appraisal;
（14）The ending balance of interest payable increased by RMB 6.7253 million and 44.56% over the
beginning of period mainly due to the increase of interests of long-term loans payable;
（15）The paid-in capital increased by RMB 170 million and 50.52%because the Company privately issued
170,000,000 RMB ordinary shares (par value per share: RMB 1.00) according to the Approval of Private Issue of
Shares of Shenzhen Textile (Holding) Co., Ltd. (Zheng Jian Permit [2013] No.2 Document) issued by China
Securities Regulatory Commission;
（16）The ending balance of capital surplus increased by RMB 776.2178 million and 93.64% over beginning
of period mainly because the premium of private issue of RMB ordinary shares was accounted for as capital
surplus so that capital surplus increased by RMB 791,751,008.85;
（17）The operating income in current period increased by RMB 273.3528 million and 49.25% year on year
mainly due to the increase of sales of polarizer;
（18）The operating cost in current period increased by RMB 251.9527 million and 48.12% year on year
mainly due to the increase of sales cost caused by the growth of polarizer business volume;
（19）The financial expenses in current period decreased by RMB 20.3415 million and 599.44% year on year
mainly due to the generation of exchange gains and additional Interest income from payable liabilities in yen after
depreciation of Japanese Yen by big margin;
（20）The assets impairment loss in current period increased by RMB 10.3389 million and 349.13% year on
year mainly due to the increase of provision for bad debts and provision for diminution in value of inventories of
polarizer;
（21）The investment income in current period increased by RMB 44.3696 million and 784.09% year on year
mainly due to the investment income obtained from additional sales of financial assets available for sale;
（22）Non-operating income in current period increased by RMB 12.2281 million and 169.99% year on year
mainly due to the increase of proceeds from the disposal of non-current assets and governmental subsidy;
（23）Income tax expenses in current period increased by RMB 4.9556 million and 120.24% year on year
mainly due to the increase of amount of taxable income in current period;
（24）The other composite income in current period decreased by RMB 27.3368 million and 231.6%year on
year because the Company sold financial assets available for sale and transferred out the gains of the previous
period from other composite income;
（25）The net cash flows from operating activities decreased by RMB 29.5397 million and 32.3% year on year
9
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
mainly due to the increase of purchase of raw materials necessary for polarizers;
（26）The net cash flows from investing activities decreased by RMB 243.6306 million and 238.42% year on
year mainly due to the redeposit of RMB 300 million as structural deposit in current period;
（27）The net cash flows from financing activities increased by 936.4561 million and 77，393.07% mainly
because the Company privately issued 170,000,000 ordinary RMB shares (par value per share: RMB 1.00) and
raised net proceeds of RMB 961,751,000.85 according to the Approval of Private Issue of Shares by Shenzhen
Textile (Holding) Co., Ltd. (CSRC Permit (2013) No. 2 Document) issued by China Securities Regulatory
Commission on March 2013.
II. The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
（1）Signature property lease contract. On July 15, 2013, the company signed "Shenzhen Lease Contract" and
"Supplementary Agreement" with Jinsitai , See the property lease contract signing notice (No.:2013-33) on 17
July 2013.On August 16, 2013, the Sixth Board of Directors at its first meeting adopted the contract, see the “The
first meeting of the sixth Board announcement"(No.:2013-42) on August 17, 2013.
.（2）The progress of working Capital with Part of Idle Raised, On April 15, 2013, the 33rdmeeting of the fifth
board of directors examined and adopted the Proposal for Supplementing Working Capital with Part of Idle Raised
Proceeds. The Company planned to supplement its working capital with temporarily idle raised proceeds of RMB
300 million to buy part of temporarily idle issued by commercial banks, safe, good fluidity, guaranteed structured
deposit products. For the details please refer to the Proposal for Supplementing Working Capital with Part of Idle
Raised Proceeds posted (No.:2013-23) on April 16th, 2013, Among them, the ICBC branch Shenfang RMB 50
millions structured deposits expired on July 26, 2013, the company resigned a three-month structured deposit
agreement on July 30, 2013, the amount of deposits RMB 50 million. For the details please refer to the Proposal
for Supplementing Working Capital with Part of Idle Raised Proceeds posted (No.:2013-23) on July 31st , 2013.
（3）Union equity disposition status. During the period from May 23, 2013 to July 4, 2013, the Company publicly
listed 2.8694% equity of Union Developing Group Co., Ltd. held by it at Shenzhen United Equity Exchange for
assignment. Upon the expiration of listing period, no party submitted an application for acquisition to Shenzhen
United Equity Exchange. For the time being, the Company does not have further plan for disposal.
(4) The R&D center of a subsidiary was identified as a municipal-level R&D center. On August 9, 2013, Shenzhen
Shengbo Optoelectronic Technology Co., Ltd. (hereinafter referred to as "Shengbo Optoelectronic"), a
wholly-owned subsidiary of the Company, received the Notice of Identifying Technical Centers of 24 Enterprises
Including Shenzhen Invengo Information Technology Co., Ltd. as Municipal-level Research and Development
Centers (Category of Technical Center) (SJM IT Zi (2013) No. 137) issued by Shenzhen Economy and Trade
Information Commission, Shenzhen Development and Reform Commission, Shenzhen Finance Commission,
Shenzhen State Taxation Bureau and Shenzhen Local Taxation Bureau. After comprehensive evaluation and
double check by Shenzhen Finance Commission, the research and development center of Shengbo Optoelectronic
was identified as municipal-level research and development center (category of technical center) for the year 2012.
This identification contributed to improving and strengthening the construction of research and development of
the centers of the Company and enhancing its market competitiveness.
(5) The assignment of equities of Jinlan Company was approved by Shenzhen State-owned Assets Commission.
10
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
The Company planned to wholly assign 100% equity of Shenzhen Jinlan Decorative Articles Industrial Co., Ltd.
in the mode of public transaction. The equity assignment was examined and adopted at the first meeting of the
sixth board of directors held on August 16, 2013 and offically approved by State-owned Assets Regulatory
Commission under Shenzhen Municipal People's Government (Shen Guo Zi Han (2013) No. 447 Document) on
September 30, 2013.
Description of the website for disclosing
Description of provisional announcement Date of disclosing
provisional announcements
http://www.cninfo.com.cn (2013-33,
Signature property lease contract. July 17, 2013, August 17,2013
2013-42)
The progress of working Capital with Part
July 31,2013 http://www.cninfo.com.cn (2013-37)
of Idle Raised,
Assignment of Union's equity July 6, 2013 http://www.cninfo.com.cn (2013-30)
The R&D center of a subsidiary was
August 10, 2013 http://www.cninfo.com.cn (2013-39)
identified as a municipal-level R&D center
Assignment of Jinlan Company's equity
August 17,2013 http://www.cninfo.com.cn (2013-42)
III．The commitments of the Company and its shareholders holding over 5% of the Company’s total shares in the
report year of extending to the report year from previous year.
Time of
Commitment Period of
Commitment Contents making Fulfillment
maker commitment
commitment
As Shenzhen Investment Holdings Co., Ltd., the
controlling shareholder of the company,
committed when the restricted-for-sale shares
from the shares restructuring were listed for
circulation in the market: i. if they plan to sell the
shares through the securities exchange system in
Shenzhen
the future, and the decrease of the shares they
Commitment on Investment Sustained and Under
hold reaches 5% within 6 months after the first
share reform Holdings Co., effective Fulfillment
decrease, they will disclose an announcement
Ltd.
indicating the sale through the company within
two trading days before the first decrease; ii. They
shall strictly observe the “Guidelines on Transfer
of Restricted-for-sale Original Shares of Listed
Companies” and the provisions of the relevant
business principles of Shenzhen Stock Exchange.
Commitment in
the acquisition
report or the
report on equity
11
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
changes
Commitment
made upon the
assets
replacement
Shenzhen Investment Holdings Co., Ltd. signed a
“Letter of Commitment and Statement on
Horizontal Competition Avoidance” when the
company issued non-public stocks in 2009.
Pursuant to the Letter of Commitment and
Statement, Shenzhen Investment Holdings Co.,
Ltd. and its wholly owned subsidiary, subsidiaries
under control or any other companies that have
actual control of it shall not be involved in the
business the same as or similar to those Shenzhen
Textile currently or will run in the future, or any
businesses or activities that may constitute direct
or indirect competition with Shenzhen Textile; if
Shenzhen
the operations of Shenzhen Investment Holdings
Investment Sustained and Under
Co., Ltd. and its wholly owned subsidiaries,
Holdings Co., effective Fulfillment
subsidiaries under control or other companies that
Ltd.
have actual control of it compete with Shenzhen
Textile in the same industry or contradict the
Commitments interest of the issuer in the future, Shenzhen
made upon Investment Holdings Co., Ltd. shall urge such
issuance companies to sell the equity, assets or business to
Shenzhen Textile or a third party; when the
horizontal competition may occur due to the
business expansion concurrently necessary for
Shenzhen Investment Holdings Co., Ltd. and its
wholly owned subsidiaries, subsidiaries under
control or other companies that have actual
control of it and Shenzhen Textile, Shenzhen
Textile shall have priority.
36 months from
Shenzhen Refer to the Announcement of Approval of
the listing day
Investment Application for Private Issue of Shares that issued March 25, Under
of new shares,
Holdings Co., by the Board of Directors of Shenzhen Textile 2013 Fulfillment
i.e., March 26,
Ltd. (Holdings) Co., Ltd.（No.:2013-12）
2013
Other objects of Refer to the Announcement of Approval of 12 months from
issue including Application for Private Issue of Shares that issued March 25, the listing day Under
Tibet Ruihua by the Board of Directors of Shenzhen Textile 2013 of new shares, Fulfillment
Investment (Holdings) Co., Ltd.（No.:2013-12） i.e., March 26,
12
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Development Co., 2013
Ltd.
Shenzhen
Refer to the Announcement of Unfreezing of
Investment August 7, Sustained and Under
Holdings Co., Restricted Shares Privately Issued by Shenzhen 2013 effective Fulfillment
Ltd.
Textile (Holdings) Co., Ltd. (2013-38) for details.
Other
commitments
made to minority
shareholders
Executed timely
Yes
or not?
Detailed person
for failing to
Not applicable
execute and the
next plan
IV．Prediction of Business performance for 2013.
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. Investment in Securities
Number Sharehold Number
Sharehold Book
of shares ing of shares
Initial ing balance at Gain.loss
held at the proportio held at
Short investme proportio the end of of the
Security Security beginning n at the the end of Accounti Sauce of
form of nt n at the the reporting
category code of the beginning the ng items the shares
security cost(RM end of the reporting period
reporting of the reporting
B) reporting period (RMB)
period(sh reporting period
period(%) (RMB)
ares) period(%) (shares)
Financial
* ST
11,356,63 38,194,85 45,579,51 assets Legal
Stock 000018 victor 9,233,394 5.46% 3,744,594 2.21%
8.86 8.80 3.51 available shares
onward A
for sale
Financial Debt
9,847,598 6,564,981
Stock 000030 ST Fawer 985,733 0.34% 985,733 0.34% assets restructur
.31 .78
available ing
13
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
for sale repaymen
t of share
s
21,204,23 10,219,12 44,759,84 45,579,51
Total -- 4,730,327 -- -- --
7.17 7 0.58 3.51
Disclosure date of the board
announcement on approval of July 17, 2013
the securities investment
Disclosure date of the general
meeting announcement on
approval of the securities
investment (if any)
Notes to holding of the equity in other listed companies
□Applicable √ Not applicable
VI. Derivative Investment
Not applicable
VII. The registration form of acceptance of investigation, communication and interview in the report period for
future reference
Content of discussion and
Date Place Mode Type Visitor
materials provided
The meeting room
4 parties including Production and managemen
of Shengbo
Minsheng Tonghui, t company and the status of
Optoelectronic, a Onsite
July 17, 2013 Organization Xingye Global construction of the project
wholly-owned investigation
Fund and Shenzhen of polarizer sheet for
subsidiary of the
Pingshi Investment. TFT-LCD
Company
The meeting room
Production and managemen
of Shengbo 3 parties including
t company and the status of
Optoelectronic, a Onsite Guangfa Securities
July 18, 2013 Organization construction of the project
wholly-owned investigation and The first
of polarizer sheet for
subsidiary of the venture securities
TFT-LCD
Company
The meeting room Production and managemen
2 parties including
of Shengbo Onsite t company and the status of
September 6, 2013 Organization Jinghui Investment
Optoelectronic, a investigation construction of the project
and Dac heng Fund
wholly-owned of polarizer sheet for
14
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
subsidiary of the TFT-LCD
Company
The meeting room
Production and managemen
of Shengbo 5 parties including
t company and the status of
September 12, Optoelectronic, a Onsite Jiangsu Ruihua and
Organization construction of the project
2013 wholly-owned investigation Jingzhonghe
of polarizer sheet for
subsidiary of the Investment
TFT-LCD
Company
IV. Financial statement
1. Financial statement
1.Consolidated Balance sheet
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Year-end balance
Items Year-beginning balance
Current asset：
Monetary fund 700,371,066.91 232,417,736.06
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 12,325,004.66 20,139,334.03
Account receivable 157,434,475.57 100,941,342.96
Prepayments 87,859,290.53 12,711,147.09
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Interest receivable 3,428,333.34
Dividend receivable
Other account receivable 54,461,937.70 51,069,068.33
Repurchasing of financial assets
Inventories 240,630,220.37 143,258,151.49
Non-current asset due in 1 year
15
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Other current asset 300,000,000.00
Total of current assets 1,556,510,329.08 560,536,779.96
Non-current assets：
Loans and payment on other’s
behalf disbursed
Disposable financial asset 44,759,840.58 70,159,993.69
Expired investment in possess
Long-term receivable
Long term share equity
48,351,153.92 48,094,489.26
investment
Property investment 150,534,677.92 154,761,895.71
Fixed assets 895,694,559.28 949,164,677.21
Construction in progress 63,363,549.61 11,576,523.39
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 44,449,168.95 46,162,461.69
R & D petrol
Goodwill 9,614,758.55 9,614,758.55
Long-germ expenses to be
704,236.94 1,005,588.08
amortized
Differed income tax asset 39,158,226.03 29,583,499.67
Other non-current asset
Total of non-current assets 1,296,630,171.78 1,320,123,887.25
Total of assets 2,853,140,500.86 1,880,660,667.21
Current liabilities
Short-term loans 10,810,131.40 40,153,434.48
Loan from Central Bank
Deposit received and hold for
others
Call loan received
Trade off financial liabilities
Bill payable 1,536,256.50
Account payable 140,194,819.98 101,232,698.62
16
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Advance payment 96,243,507.88 25,663,352.59
Selling of repurchased financial
assets
Fees and commissions receivable
Employees’ wage payable 18,048,679.41 25,914,720.85
Tax payable -71,527,092.28 -67,845,188.78
Interest payable 21,816,420.55 15,091,123.12
Dividend payable
Other account payable 121,453,069.45 168,127,716.36
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1
year
Other current liability
Total of current liability 338,575,792.89 308,337,857.24
Non-current liabilities：
Long-term loan 200,000,000.00 200,000,000.00
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 8,817,765.24 12,596,833.13
Other non-current liabilities 49,100,182.87 56,714,022.45
Total of non-current liabilities 257,917,948.11 269,310,855.58
Total of liability 596,493,741.00 577,648,712.82
Owners’ equity
Share capital 506,521,849.00 336,521,849.00
Capital reserves 1,605,130,934.90 828,913,137.67
Less：Shares in stock
Special reserve
Surplus reserves 36,607,659.49 36,607,659.49
Common risk provision
Undistributed profit 108,386,316.47 100,969,308.23
17
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Different of foreign currency
translation
Total of owner’s equity belong to the
2,256,646,759.86 1,303,011,954.39
parent company
Minor shareholders’ equity
Total of owners’ equity 2,256,646,759.86 1,303,011,954.39
Total of liabilities and owners’ equity 2,853,140,500.86 1,880,660,667.21
2. Balance sheet of Parent Company
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Year-end balance
Items Year-beginning balance
Current asset：
Monetary fund 268,507,327.43 33,906,151.53
Trading financial assets
Bill receivable
Account receivable 182,024.29 1,520.00
Prepayments
Interest receivable 3,428,333.34
Dividend receivable
Other account receivable 42,306,741.87 18,611,433.26
Inventories
Non-current asset due in 1 year
Other current asset
Total of current assets 314,424,426.93 52,519,104.79
Non-current assets：
Disposable financial asset 44,759,840.58 70,159,993.69
Expired investment in possess
Long-term receivable
Long term share equity
1,828,295,979.00 1,064,734,607.06
investment
Property investment 140,606,376.24 145,306,758.35
Fixed assets 29,694,661.95 31,796,996.71
Construction in progress 22,003,109.19 9,416,319.19
18
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 2,200,681.22 2,651,093.96
R & D petrol
Goodwill
Long-germ expenses to be
amortized
Differed income tax asset 5,855,107.53 5,539,715.63
Other non-current asset
Total of non-current assets 2,073,415,755.71 1,329,605,484.59
Total of assets 2,387,840,182.64 1,382,124,589.38
Current liabilities
Short-term loans
Trade off financial liabilities
Bill payable
Account payable 411,743.57 411,743.57
Advance payment 639,024.58 639,024.58
Employees’ wage payable 2,694,302.96 5,899,315.45
Tax payable 12,623,290.55 1,608,258.72
Interest payable
Dividend payable
Other account payable 55,931,052.92 74,456,509.51
Non-current liability due in 1 year
Other current liability
Total of current liability 72,299,414.58 83,014,851.83
Non-current liabilities：
Long-term loan
Bond payable
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 8,778,846.24 12,557,914.13
19
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Other non-current liabilities
Total of Non-current liabilities 8,778,846.24 12,557,914.13
Total of liability 81,078,260.82 95,572,765.96
Owners’ equity
Share capital 506,521,849.00 336,521,849.00
Capital reserves 1,596,547,953.11 820,330,155.88
Less：Shares in stock
Special reserves
Surplus reserves 36,607,659.49 36,607,659.49
Common risk provision
Undistributed profit 167,084,460.22 93,092,159.05
Different of foreign currency
translation
Total of owners’ equity 2,306,761,921.82 1,286,551,823.42
Total of liabilities and owners’ equity 2,387,840,182.64 1,382,124,589.38
3. Consolidated Profit statement of the report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I. Total operating income 251,984,347.54 179,546,553.52
Including：Operating income 251,984,347.54 179,546,553.52
II. Total operating cost 276,333,852.70 221,472,371.22
Including：Operating cost 247,598,487.72 186,983,026.26
Operating tax and extras 1,783,029.78 1,787,741.12
Sales expenses 2,590,901.31 1,874,098.67
Administration expenses 20,665,460.10 27,955,355.86
Financial expenses -3,018,801.78 2,323,012.12
Losses of devaluation of assets 6,714,775.57 549,137.19
Investment income 28,120,006.95 1,134,918.64
Including：Investment income on
359,934.49 422,666.91
affiliate company and joint venture
III. Operating profit 3,770,501.79 -40,790,899.06
Add ：Non-operating income 13,445,078.94 2,450,273.95
20
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Less：Non-operating expense 13.88 2,246,457.11
IV. Total profit 17,215,566.85 -40,587,082.22
Less：Income tax 6,156,456.44 1,436,546.84
V. Net profit 11,059,110.41 -42,023,629.06
Net profit attributable to owner’s equity
11,059,110.41 -42,023,629.06
of parent company
VI. Earnings per share： -- --
（I）Basic earnings per share 0.02 -0.12
(II)Diluted earnings per share 0.02 -0.12
VII. Other comprehensive income -14,001,842.79 2,543,348.96
VIII. Total comprehensive income -2,942,732.38 -39,480,280.10
Total comprehensive income
-2,942,732.38 -39,480,280.10
attributable minority shareholders
4.Parent Company Profit statement of the report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I. Business income 15,062,103.91 15,034,829.39
Less：Business cost 3,739,974.55 4,181,624.83
Business tax and surcharge 1,242,247.34 1,139,384.27
Administrative expense 6,508,239.65 7,261,223.18
Financial expenses -1,830,828.17 -44,912.20
Asset impairment loss 1,652,966.33 40,471.80
Investment gain（“-”for loss） 28,120,006.95 1,134,918.64
Incl: investment gains from
359,934.49 422,666.91
affiliates
II. Operational profit 31,869,511.16 3,591,956.15
Add：Non-business income 4,815,825.02
III.Total profit 36,685,336.18 3,591,956.15
Less：Income tax expenses 8,241,365.25 1,118,572.42
IV. Net profit 28,443,970.93 2,473,383.73
V. Earnings per share -- --
（I）Basic earnings per share 0.06 0.01
21
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
(II)Diluted earnings per share 0.06 0.01
VII. Other comprehensive income -14,001,842.79 2,543,348.96
VIII. Total comprehensive income 14,442,128.14 5,016,732.69
5. Consolidated Profit statement from year-begin to the end of report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I. Total operating income 828,332,357.60 554,979,545.43
Including：Operating income 828,332,357.60 554,979,545.43
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 881,278,165.28 622,213,695.53
Including：Operating cost 775,512,458.28 523,559,790.43
Interest expense
Commission chare 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 6,346,486.46 5,720,961.52
Sales expenses 6,687,627.51 5,697,471.91
Administration expenses 96,379,312.73 80,880,655.36
Financial expenses -16,948,049.35 3,393,433.14
Losses of devaluation of assets 13,300,329.65 2,961,383.17
Add ：Changing income of fair value
Investment income 50,028,314.42 5,658,731.22
Including：Investment income on 781,664.66 721,754.45
22
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
affiliate company and joint venture
Exchange income
III. Operating profit -2,917,493.26 -61,575,418.88
Add ：Non-operating income 19,421,697.93 7,193,610.63
Less：Non-operating expense 10,013.88 2,256,503.70
Including :Disposal loss of non-current
assets
IV. Total profit 16,494,190.79 -56,638,311.95
Less：Income tax 9,077,182.55 4,121,560.18
V. Net profit（“-”for net loss 7,417,008.24 -60,759,872.13
Including: Net profit realized by the
entity taken over before the takeover
Net profit attributable to the
7,417,008.24 -60,759,872.13
owners of parent company
Minority shareholders’ equity
VI. Earnings per share： -- --
（I）Basic earnings per share 0.02 -0.18
(II)Diluted earnings per share 0.02 -0.18
VII. Other comprehensive income
VIII. Total comprehensive income 7,417,008.24 -60,759,872.13
Total comprehensive income
attributable to the owner of the parent 7,417,008.24 -60,759,872.13
company
Total comprehensive income
attributable minority shareholders
6. Parent company Profit statement from year-begin to the end of report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I. Business income 45,545,702.96 43,241,700.46
Less：Business cost 9,836,480.04 10,640,060.37
Business tax and surcharge 4,469,223.91 3,622,599.57
Sales expense
Administrative expense 22,067,090.54 22,424,554.94
23
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Financial expenses -4,795,282.50 -340,625.86
Asset impairment loss 1,261,567.63 -301,708.17
Add：Gains from change of fir
value （“-”for loss）
Investment gain（“-”for loss） 72,126,434.46 5,115,798.65
Incl: investment gains from
781,664.66 721,754.45
affiliates
II. Operational profit 84,833,057.80 12,312,618.26
Add：Non-business income 4,815,825.02
Less：Non business expenses
Incl：Loss from disposal of
non-current assets
III.Total profit 89,648,882.82 12,312,618.26
Less：Income tax expenses 15,656,581.65 2,897,716.06
IV. Net profit 73,992,301.17 9,414,902.20
V. Earnings per share -- --
（I）Basic earnings per share 0.18 0.03
(II)Diluted earnings per share 0.18 0.03
VII. Other comprehensive income -15,533,203.62 11,803,612.24
VIII. Total comprehensive income 58,459,097.55 21,218,514.44
7. Consolidated Cash flow statement from year-begin to the end of report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
878,605,934.40 558,524,864.44
rending of services
Net increase of customer
deposits and capital kept for
brother company
Net increase of loans from
central bank
Net increase of inter-bank
loans from other financial bodies
24
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Cash received against original
insurance contract
Net cash received from
reinsurance business
Net increase of client deposit
and investment
Net increase of trade financial
asset disposal
Cash received as interest,
processing fee and commission
Net increase of inter-bank fund
received
Net increase of repurchasing
business
Tax returned 60,581,770.02 40,689,124.87
Other cash received from business
17,328,248.28 26,168,385.86
operation
Sub-total of cash inflow 956,515,952.70 625,382,375.17
Cash paid for purchasing of
911,934,430.80 597,966,483.59
merchandise and services
Net increase of client trade and
advance
Net increase of savings n central
bank and brother company
Cash paid for original contract
claim
Cash paid for interest,
processing fee and commission
Cash paid for policy dividend
Cash paid to staffs or paid for
86,306,774.07 59,514,602.56
staffs
Taxes paid 20,003,557.61 24,694,057.28
Other cash paid for business
59,274,717.28 34,671,093.91
activities
Sub-total of cash outflow from
1,077,519,479.76 716,846,237.34
business activities
Cash flow generated by
-121,003,527.06 -91,463,862.17
business operation, net
25
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
II.Cash flow generated by
investing
Cash received from investment
51,667,395.11 5,112,444.20
retrieving
Cash received as investment
2,519,136.25 2,610,300.00
gains
Net cash retrieved from disposal
of fixed assets, intangible assets, 543,474.00
and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Other investment-related cash
41,400.00
received
Sub-total of cash inflow due to
54,186,531.36 8,307,618.20
investment activities
Cash paid for construction of
fixed assets, intangible assets 100,002,960.53 110,493,403.37
and other long-term assets
Cash paid as investment
Net increase of loan against
pledge
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
300,000,000.00
activities
Sub-total of cash outflow due to
400,002,960.53 110,493,403.37
investment activities
Net cash flow generated by
-345,816,429.17 -102,185,785.17
investment
III.Cash flow generated by
financing
Cash received as investment 965,380,350.00
Incl: Cash received as
investment from minor
shareholders
Cash received as loans 43,454,200.01
26
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Cash received from bond
placing
Other financing –related ash
563,172.00
received
Sub-total of cash inflow from
1,009,397,722.01
financing activities
Cash to repay debts 72,797,503.09
Cash paid as dividend, profit, or
579,124.83
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing
775,000.00 1,210,000.00
activities
Sub-total of cash outflow due to
74,151,627.92 1,210,000.00
financing activities
Net cash flow generated by
935,246,094.09 -1,210,000.00
financing
IV. Influence of exchange rate
alternation on cash and cash -648,086.77 -16,810.92
equivalents
V.Net increase of cash and cash
467,778,051.09 -194,876,458.26
equivalents
Add: balance of cash and cash
equivalents at the beginning of 227,189,754.43 463,817,642.79
term
VI ..Balance of cash and cash
694,967,805.52 268,941,184.53
equivalents at the end of term
8. Parent Company Cash flow statement from year-begin to the end of report period
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
Unit:RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
45,108,696.01 43,408,078.32
rending of services
Tax returned
Other cash received from business 32,571,845.72 4,912,423.40
27
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
operation
Sub-total of cash inflow 77,680,541.73 48,320,501.72
Cash paid for purchasing of
4,420,794.90 3,953,601.95
merchandise and services
Cash paid to staffs or paid for
14,936,298.94 14,384,516.71
staffs
Taxes paid 11,540,433.22 8,802,024.06
Other cash paid for business
80,490,809.17 11,522,668.94
activities
Sub-total of cash outflow from
111,388,336.23 38,662,811.66
business activities
Cash flow generated by
-33,707,794.50 9,657,690.06
business operation, net
II.Cash flow generated by
investing
Cash received from investment
51,667,395.11 5,112,444.20
retrieving
Cash received as investment
24,617,256.29 2,610,300.00
gains
Net cash retrieved from disposal
of fixed assets, intangible assets,
and other long-term assets
Net cash received from disposal
of subsidiaries or other
operational units
Other investment-related cash
received
Sub-total of cash inflow due to
76,284,651.40 7,722,744.20
investment activities
Cash paid for construction of
fixed assets, intangible assets 13,144,203.00 3,417,126.00
and other long-term assets
Cash paid as investment 760,000,000.00 108,163,070.03
Net cash received from
subsidiaries and other operational
units
Other cash paid for investment
activities
28
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
Sub-total of cash outflow due to
773,144,203.00 111,580,196.03
investment activities
Net cash flow generated by
-696,859,551.60 -103,857,451.83
investment
III.Cash flow generated by
financing
Cash received as investment 965,380,350.00
Cash received as loans
Cash received from bond
placing
Other financing –related ash
563,172.00
received
Sub-total of cash inflow from
965,943,522.00
financing activities
Cash to repay debts
Cash paid as dividend, profit, or
interests
Other cash paid for financing
775,000.00 1,210,000.00
activities
Sub-total of cash outflow due to
775,000.00 1,210,000.00
financing activities
Net cash flow generated by
965,168,522.00 -1,210,000.00
financing
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
234,601,175.90 -95,409,761.77
equivalents
Add: balance of cash and cash
equivalents at the beginning of 33,906,151.53 133,011,826.29
term
VI ..Balance of cash and cash
268,507,327.43 37,602,064.52
equivalents at the end of term
II.Auditor’ report
Whether the third quarterly report had been audited or not
□ Yes √ No
29
深圳市纺织(集团)股份有限公司 2013 年第三季度报告全文
The third quarterly report 2013 which not audited.
This Report has been prepared in both Chinese and English. In case of any discrepancy, the Chinese version
shall prevail.
The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd.
October 25.2013
30
