Stock code: 000058, 200058 Notice No.:2021-048
Stock abbreviation: SHEN SEG, SHEN SEG B
Shenzhen SEG Co., Ltd.
The Third Quarterly Report for 2021
The Company and whole members of the BOD guarantee that the information disclosed is true, accurate and
complete, and there are no any fictitious records, misleading statements or important omissions.
Important content reminder:
1. Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Shenzhen SEG
Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there are no any fictitious statements,
misleading statements, or important omissions carried in this report, and shall take all responsibilities, individual
and/or joint, for the reality, accuracy and completion of the whole contents.
2. Principal of the Company, Person in Charge of Accounting Works and Person in Charge of Accounting Organ
(Accounting Officer) hereby confirm that the Financial Report of the Third Quarterly Report is authentic, accurate
and complete.
3. Whether the Third Quarterly Report has been audited or not
□Yes √No
I. Main financial data
(i) Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Increase/decrease from
Increase/decrease in
year-begin to
the period compared Year-begin to
Current period period-end compared
with the same period period-end
with the same period
of the previous year
of the previous year
Operating income
463,738,204.04 53.64% 1,417,504,652.62 31.41%
(Yuan)
Net profit attributable
to shareholders of the 5,581,315.83 -83.70% 53,466,082.02 -42.71%
listed company (Yuan)
Net profit attributable
to shareholders of the
listed company after
1,713,984.30 -87.26% 36,740,281.75 -32.13%
deducting
non-recurring gains
and losses (Yuan)
Net cash flow arising
from operating —— —— 26,458,167.16 -82.71%
activities (Yuan)
Basic earnings per
0.0045 -83.69% 0.0433 -42.65%
share (Yuan /Share)
Diluted earnings per 0.0045 -83.69% 0.0433 -42.65%
第 1 页共 12 页
share (Yuan /Share)
Weighted average ROE 0.29% -1.45% 2.78% -2.04%
Increase/decrease at the period-end compared
End of current period End of previous year
with the end of the previous year
Total assets (Yuan) 6,011,869,831.13 5,830,977,104.07 3.10%
Net assets attributable
to shareholder of listed 1,946,833,339.90 1,905,722,149.42 2.16%
company (Yuan)
(ii) Items and amounts of non-recurring profit (gains)/losses
√ Applicable □ Not applicable
Unit: Yuan
Amount from
Amount for the year-begin to Note
Item
period
period-end
Gains/losses from the disposal of non-current asset
(including the write-off that accrued for -99,122.00 -100,586.05
impairment of assets)
Government subsidy recorded in current
gains/losses (except those closely related to the
Company’s normal operation, and those
684,172.25 2,406,890.50
continuously enjoyed on a fixed or quantitative
basis with certain standards in accordance with
national policy regulations)
Capital occupation fee charged to non-financial
333,853.70 990,674.58
enterprise that reckoned into current gains/losses
Profit and loss from commissioned investment or
5,399,438.36 12,906,693.24
asset management
Reversal of the account receivable depreciation
53,145.15 5,786,949.61
reserves subject to separate impairment test
Trust fee obtained from trust operation 13,603.84 78,459.54
Other non-operating income and expenses other
9,564.27 840,304.11
than the above
Other gains/losses items that meet the definition of
3,231.44 152,247.08
non-recurring gains/losses
Less: impact on income tax 1,559,649.00 4,235,713.60
Impact on minority shareholders’ equity
970,906.48 2,100,118.74
(post-tax)
Total 3,867,331.53 16,725,800.27 --
Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:
□ Applicable √ Not applicable
The Company does not have other gain/loss items that qualified the definition of non-recurring profit (gains)/losses
Explanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
□ Applicable √ Not applicable
The Company does not have the non-recurring gain/loss listed in the “Q&A Announcement No.1 on Information Disclosure for
第 2 页共 12 页
Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as recurring gain/loss
(iii) Particulars about changes in items of main accounting data and financial index and explanations of
reasons
√ Applicable □Not applicable
1. Items of the Consolidated Balance Sheet Statement
Unit: Yuan
Increase or
decrease at the
end of the
Opening
Item Closing balance Difference period
balance Reasons for differences
compared with
the beginning
of the period
(%)
Accounts Mainly due to the settlement method for
220,906,312.71 125,360,837.70 95,545,475.01 76.22%
receivable property management business
Mainly due to the increase in prepayment
Accounts prepaid 11,988,770.37 6,523,937.21 5,464,833.16 83.77%
for engineering
Construction in Mainly because the construction in
5,741,451.10 12,660,301.65 -6,918,850.55 -54.65%
progress progress was transferred to fixed assets
Other non-current Mainly due to the recovery of prepaid
0.00 44,486,424.98 -44,486,424.98 -100.00%
assets equipment
Mainly due to the implementation of new
Right-of-use asset 241,287,896.31 0.00 241,287,896.31 100.00%
leasing standards
Mainly due to the income carried forward
Contract liabilities 145,230,283.45 222,866,508.74 -77,636,225.29 -34.84%
from rent received in advance
Mainly due to the implementation of new
Lease liability 245,099,382.31 0.00 245,099,382.31 100.00%
leasing standards
2. Items of the Consolidated Profit Statement
Unit: Yuan
Increase/decrease
in the current
Amount of the
Amount for the period compared
Item same period of Difference
current period with the same Reasons for differences
the previous year
period of last
year (%)
Mainly due to the consolidation
of Xindongsheng Property and
Operating income 1,417,504,652.62 1,078,720,419.17 338,784,233.45 31.41%
rent reduction occurred in the
same period of previous year
Mainly due to the consolidation
Operating costs 1,093,023,680.53 705,481,779.12 387,541,901.41 54.93%
of Xindongsheng Property
Taxes and Mainly due to the reduction of
23,726,830.00 77,116,160.93 -53,389,330.93 -69.23%
surcharges the land VAT in the period
Mainly due to the consolidation
Management costs 80,626,209.54 61,813,985.54 18,812,224.00 30.43% of Xindongsheng Property in the
period
Mainly because the government
Other income 4,252,082.41 11,457,815.71 -7,205,733.30 -62.89% subsidy received in the period
decreased
Mainly due to the income from
sale of the Huakong SEG in the
Investment income 5,484,906.30 30,119,271.57 -24,634,365.27 -81.79%
period and decrease in bank
financial earnings
Credit impairment Mainly due to the recovery of
5,786,949.61 175,790.39 5,611,159.22 3,191.96%
loss litigation money
Mainly due to the operating
Income tax expense 72,175,008.10 51,976,350.33 20,198,657.77 38.86% performance of affiliated
enterprises
第 3 页共 12 页
3. Items of the Consolidated Cash Flow Statement
Unit: Yuan
Increase/decrease
Amount of the in the current
Amount for the
Item same period of Difference period compared
current period Reasons for differences
the previous year with the same
period of last
year (%)
Mainly due to the expansion of
Net cash flow property management business in the
arising from 26,458,167.16 153,056,581.83 -126,598,414.67 -82.71% period, increased cost, the settlement
operation activities method for property management
business
Net cash flow Mainly due to the y-o-y decrease in
arising from -123,274,962.04 -304,096,806.23 180,821,844.19 59.46% prepayment of bank loans and
financing activities corporate bonds
Net increase in cash Mainly due to the increase in net
and cash -7,111,651.47 -64,096,421.70 56,984,770.23 88.90% cash flow arising from financing
equivalents activities in the period
II. Shareholders Information
(i) Total number of common shareholders and preference shareholders with voting rights recovered and
top ten common shareholders
Unit: Share
Total preference shareholders
Total common shareholders at with voting rights recovered at
71,175 0
the end of report period end of reporting period (if
applicable)
Top ten shareholders
Amount of Information of shares pledged, tagged
Shareholder’s Nature of Proportion of Amount of shares
restricted shares or frozen
name shareholder shares held held
held State of share Amount
Shenzhen
State-owned
SEG Group 56.70% 700,618,759 450,857,239
legal person
Co., Ltd.
LISHERYNZ Overseas
0.65% 8,055,200 0
HANMING natural person
Liu Domestic
0.59% 7,296,402 0
Guocheng natural person
Domestic
Liu Guohong 0.29% 3,559,361 0
natural person
Gong Overseas
0.24% 2,940,000 0
Qianhua natural person
Domestic
Hou Xiulan 0.16% 2,000,000 0
natural person
Domestic
Xu Yueying 0.16% 1,983,900 0
natural person
Domestic
Luo Haijin 0.12% 1,502,275 0
natural person
Domestic
Wang Jinjun 0.12% 1,433,500 0
natural person
Domestic
Zhu Qihua 0.11% 1,388,100 0
natural person
Top ten shareholders with unrestricted shares held
Shareholder’s name Amount of unrestricted shares held Type of shares
Type Amount
Shenzhen SEG Group Co., Ltd. 249,761,520 RMB ordinary shares 249,761,520
LISHERYNZHANMING 8,055,200 Domestic listed foreign shares 8,055,200
Liu Guocheng 7,296,402 Domestic listed foreign shares 7,296,402
Liu Guohong 3,559,361 Domestic listed foreign shares 3,559,361
Gong Qianhua 2,940,000 Domestic listed foreign shares 2,940,000
Hou Xiulan 2,000,000 RMB ordinary shares 2,000,000
第 4 页共 12 页
Xu Yueying 1,983,900 Domestic listed foreign shares 1,983,900
Luo Haijin 1,502,275 Domestic listed foreign shares 1,502,275
Wang Jinjun 1,433,500 Domestic listed foreign shares 1,433,500
Zhu Qihua 1,388,100 RMB ordinary shares 1,388,100
Explanations on the association SEG Group has no association relationship with other shareholders and is not a person acting in
relationship or concerted action concert with other shareholders as specified in the Management Methods for Disclosure of
among the above-mentioned Information on Changes of Shareholding Status of Shareholders of Listed Companies. It is unclear
shareholders whether other shareholders are persons acting in concert.
Information on top 10 ordinary Domestic natural person Hou Xiulan holds 2,000,000 shares of the Company through the investor
shareholders participating in credit account for securities margin trading; domestic natural person Zhu Qihua holds 1,388,100
securities margin trading (if shares of the Company, of which, 350,000 shares are held through the investor credit account for
applicable) securities margin trading.
(ii) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
III. Other significant events
√ Applicable □ Not applicable
Inquiry index for the websites disclosing the temporary
Overview of major events Disclosure date
reports
1. Equity Distribution for year of 2020
The profit distribution plan for year of 2020:
distribute a cash bonus of 0.10 yuan (tax included)
The “Notice of Implementation of Equity Distribution for
to all shareholders for every 10 shares based on
July 1, 2021 year of 2020” released on Juchao Website
total shares capital of the Company 1,235,656,249
http://www.cninfo.com.cn/
shares and 0 bonus shares (tax included), no
common reserves transfer into share capital for year
of 2020.
The “Notice of Relevant Information on “518” Vibration
July 16, 2021 Incident of the SEG Plaza Building” released on Juchao
2. “518” Vibration Incident of the SEG Plaza
Website http://www.cninfo.com.cn/
Building
The “Notice of Resumption of Use of the SEG Plaza
September 8, 2021 Building” released on Juchao Website
http://www.cninfo.com.cn/
The “Resolution of 23rd Extraordinary Meeting of 8th BOD”
3. Change of the Directors and Senior Executives of and “Notice on the Resignation of Director and By-election
August 10, 2021
the Company of Director” released on Juchao Website
(1) Ms. Zhang Jian resigned as the Director of the http://www.cninfo.com.cn/
Company, and Mr. Fang Jianhong was appointed as The “Resolution of 5th Session of 8th BOD” and “Notice on
the Director of the Company; the Resignation of Secretary of the Board and Appointed
(2) Mr. Yao Chenhang resigned as the Independent August 18, 2021
Director and Deputy GM Act as the Secretary of the Board”
Director of the Company, and Mr. Liu Shengming released on Juchao Website http://www.cninfo.com.cn/
was appointed as the Independent Director of the
Company; The “Resolution of 24th Extraordinary Meeting of 8th
(3) Secretary of the Board, Deputy GM Mr. Peng BOD” and “Notice on the Resignation of Independent
August 24, 2021
Aiyun resigned as the Secretary of the Board and Director and By-election of Independent Director” released
Deputy GM of the Company, BOD appointed Mr. on Juchao Website http://www.cninfo.com.cn/
Han Xingkai- Director and Deputy GM of the The “First Extraordinary Shareholders General Meeting of
Company to act as the Secretary of the Board. September 10, 2021 2021” released on Juchao Website
http://www.cninfo.com.cn/
4. Related transaction regarding the loans from The “Resolution of 24th Extraordinary Meeting of 8th
August 24, 2021
controlling shareholder BOD” and “Notice on Borrowings from Controlling
第 5 页共 12 页
The Company applied to the controlling shareholder Shareholder and Related Transactions” released on Juchao
- Shenzhen SEG Group Co., Ltd. for a borrowing Website http://www.cninfo.com.cn/
line of no more than 500 million yuan with an annual The “First Extraordinary Shareholders General Meeting of
interest rate of 3.90% September 10, 2021 2021” released on Juchao Website
http://www.cninfo.com.cn/
The “Resolution of 25th Extraordinary Meeting of 8th
5. Investment on FRD Tianyu Environment BOD” and “Notice of Investment on FRD Tianyu
September 24, 2021
Technology Chengdu Co., Ltd. Environment Technology Chengdu Co., Ltd.” released on
Juchao Website http://www.cninfo.com.cn/
IV. Quarterly financial statements
(i) Financial statement
1. Consolidate balance sheet
Prepared by Shenzhen SEG Co., Ltd.
Unit: Yuan
Item September 30, 2021 December 31, 2020
Current assets:
Monetary fund 815,851,070.59 828,267,701.56
Settlement provisions
Capital lent
Trading financial assets 550,035,003.14 653,743,392.18
Derivative financial assets
Note receivable 1,693,880.00 2,079,880.00
Account receivable 220,906,312.71 125,360,837.70
Receivable financing
Accounts paid in advance 11,988,770.37 6,523,937.21
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Other account receivable 71,251,483.95 73,166,985.92
Including: Interest receivable
Dividend receivable
Buying back the sale of financial assets
Inventories 2,188,455,283.09 2,156,833,489.41
Contractual assets
Assets held for sale
Non-current asset due within one year
Other current assets 62,648,993.52 54,434,557.21
Total current assets 3,922,830,797.37 3,900,410,781.19
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable 21,340,356.17 20,290,241.12
Long-term equity investment 187,284,245.40 189,812,358.81
Investment in other equity instrument 34,063,004.86 34,037,518.00
Other non-current financial assets
Investment real estate 1,181,679,355.71 1,232,193,354.33
Fixed assets 251,319,605.35 236,115,827.46
Construction in progress 5,741,451.10 12,660,301.65
Productive biological asset
Oil and gas asset
Right-of-use assets 241,287,896.31
Intangible assets 25,725,056.78 25,025,642.51
Expense on Research and Development
Goodwill 61,307,605.60 54,601,884.15
Long-term expenses to be apportioned 34,622,699.45 36,176,688.95
Deferred income tax asset 44,667,757.03 45,166,080.92
Other non-current asset 44,486,424.98
Total non-current asset 2,089,039,033.76 1,930,566,322.88
Total assets 6,011,869,831.13 5,830,977,104.07
Current liabilities:
第 6 页共 12 页
Short-term loans 61,500,000.00 60,064,350.00
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable
Account payable 388,428,620.87 361,446,728.97
Accounts received in advance
Contractual liability 145,230,283.45 222,866,508.74
Selling financial asset of repurchase
Absorbing deposit and interbank deposit
Security trading of agency
Security sales of agency
Wage payable 101,505,786.30 102,812,871.62
Taxes payable 136,719,800.70 124,338,270.19
Other account payable 828,166,994.29 890,196,424.28
Including: Interest payable 754,029.37
Dividend payable 20,799,018.60 8,666,752.90
Commission charge and commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within one year 929,197,758.65 778,648,438.44
Other current liabilities 24,234.91
Total current liabilities 2,590,749,244.26 2,540,397,827.15
Non-current liabilities:
Insurance contract reserve
Long-term loans 532,578,930.00 698,500,000.00
Bonds payable
Including: Preferred stock
Perpetual capital securities
Lease liability 245,099,382.31
Long-term account payable 277,343.99
Long-term wages payable
Accrual liability 54,220,557.11 55,269,380.11
Deferred income 1,197,726.67 2,841,757.36
Deferred income tax liabilities 52,279,673.73 52,582,326.54
Other non-current liabilities
Total non-current liabilities 885,653,613.81 809,193,464.01
Total liabilities 3,476,402,858.07 3,349,591,291.16
Owner’s equity:
Share capital 1,235,656,249.00 1,235,656,249.00
Other equity instrument
Including: Preferred stock
Perpetual capital securities
Capital public reserve 171,688,423.75 171,688,423.75
Less: Inventory shares
Other comprehensive income 72,571.78 59,909.18
Reasonable reserve
Surplus public reserve 173,864,951.70 173,864,951.70
Provision of general risk
Retained profit 365,551,143.67 324,452,615.79
Total owner’ s equity attributable to parent company 1,946,833,339.90 1,905,722,149.42
Minority interests 588,633,633.16 575,663,663.49
Total owner’ s equity 2,535,466,973.06 2,481,385,812.91
Total liabilities and owner’ s equity 6,011,869,831.13 5,830,977,104.07
Legal Representative: Zhang Liang
Person in charge of accounting works: Yan Dongxia
Person in charge of accounting institute: Wang Lei
2. Consolidated Profit Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Total operating income 1,417,504,652.62 1,078,720,419.17
第 7 页共 12 页
Including: Operating income 1,417,504,652.62 1,078,720,419.17
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 1,276,069,513.66 932,006,082.56
Including: Operating cost 1,093,023,680.53 705,481,779.12
Interest expense
Commission charge 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
Tax and extras 23,726,830.00 77,116,160.93
Sales expense 13,971,546.04 16,386,945.39
Administrative expense 80,626,209.54 61,813,985.54
R&D expense 3,395,145.58 2,419,649.66
Financial expense 61,326,101.97 68,787,561.92
Including: Interest expenses 66,284,813.61 74,711,103.17
Interest income 5,933,622.59 6,708,194.62
Add: other income 4,252,082.41 11,457,815.71
Investment income (Loss is listed with “-”) 5,484,906.30 30,119,271.57
Including: Investment income on affiliated
-7,328,049.14 -11,632,535.16
company and joint venture
The termination of income recognition
for financial assets measured by amortized cost (Loss is
listed with “-”)
Exchange income (Loss is listed with “-”)
Net exposure hedging income (Loss is listed
with “-”)
Income from change of fair value (Loss is
listed with “-”)
Loss of credit impairment (Loss is listed with
5,786,949.61 175,790.39
“-”)
Losses of devaluation of asset (Loss is listed
-1,022,381.53
with “-”)
Income from assets disposal (Loss is listed
with “-”)
III. Operating profit (Loss is listed with “-”) 155,936,695.75 188,467,214.28
Add: Non-operating income 2,225,748.89 2,862,444.69
Less: Non-operating expense 1,176,199.84 661,964.97
IV. Total profit (Loss is listed with “-”) 156,986,244.80 190,667,694.00
Less: Income tax expense 72,175,008.10 51,976,350.33
V. Net profit (Net loss is listed with “-”) 84,811,236.70 138,691,343.67
(i) Classify by business continuity
1.continuous operating net profit (net loss listed
84,811,236.70 138,691,343.67
with ‘-”)
2.termination of net profit (net loss listed with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s of parent
53,466,082.02 93,318,718.92
company
2.Minority shareholders’ gains and losses 31,345,154.68 45,372,624.75
VI. Net after-tax of other comprehensive income 19,050.88 -16,985.31
Net after-tax of other comprehensive income
12,662.60 -11,357.54
attributable to owners of parent company
(i) Other comprehensive income items which will
12,726.86 -11,211.76
not be reclassified subsequently to profit of loss
1.Changes of the defined benefit plans that
re-measured
2.Other comprehensive income under
equity method that cannot be transfer to gain/loss
3.Change of fair value of investment in
12,726.86 -11,211.76
other equity instrument
4.Fair value change of enterprise's credit
第 8 页共 12 页
risk
5. Other
(ii) Other comprehensive income items which will
-64.26 -145.78
be reclassified subsequently to profit or loss
1.Other comprehensive income under
-64.26 -145.78
equity method that can transfer to gain/loss
2.Change of fair value of other debt
investment
3.Amount of financial assets re-classify to
other comprehensive income
4.Credit impairment provision for other
debt investment
5.Cash flow hedging reserve
6.Translation differences arising on
translation of foreign currency financial statements
7.Other
Net after-tax of other comprehensive income
6,388.28 -5,627.77
attributable to minority shareholders
VII. Total comprehensive income 84,830,287.58 138,674,358.36
Total comprehensive income attributable to owners
53,478,744.62 93,307,361.38
of parent Company
Total comprehensive income attributable to
31,351,542.96 45,366,996.98
minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.0433 0.0755
(ii) Diluted earnings per share 0.0433 0.0755
Enterprise combine under the same control in the Period, the combined party realized net profit of 0.00 Yuan before combination, and
realized 0.00 Yuan at last period for combined party
Legal Representative: Zhang Liang
Person in charge of accounting works: Yan Dongxia
Person in charge of accounting institute: Wang Lei
3. Consolidated Cash Flow Statement (from the year-begin to the period-end)
Unit: Yuan
Item Current period Last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing
1,320,431,639.91 1,081,704,014.93
labor services
Net increase of customer deposit and interbank deposit
Net increase of loan from central bank
Net increase of capital borrowed from other financial
institution
Cash received from original insurance contract fee
Net cash received from reinsurance business
Net increase of insured savings and investment
Cash received from interest, commission charge and
commission
Net increase of capital borrowed
Net increase of returned business capital
Net cash received by agents in sale and purchase of
securities
Write-back of tax received 9,221,832.58 12,747,498.86
Other cash received concerning operating activities 252,313,074.28 112,555,347.97
Subtotal of cash inflow arising from operating activities 1,581,966,546.77 1,207,006,861.76
Cash paid for purchasing commodities and receiving
404,395,514.37 330,711,432.73
labor service
Net increase of customer loans and advances
Net increase of deposits in central bank and interbank
Cash paid for original insurance contract compensation
Net increase of capital lent
Cash paid for interest, commission charge and
commission
Cash paid for bonus of guarantee slip
Cash paid to/for staff and workers 512,869,166.75 200,249,304.75
第 9 页共 12 页
Taxes paid 170,820,448.32 126,327,965.23
Other cash paid concerning operating activities 467,423,250.17 396,661,577.22
Subtotal of cash outflow arising from operating activities 1,555,508,379.61 1,053,950,279.93
Net cash flows arising from operating activities 26,458,167.16 153,056,581.83
II. Cash flows arising from investing activities:
Cash received from recovering investment 598,937,800.00 1,737,800,000.00
Cash received from investment income 22,424,508.94 41,652,091.27
Net cash received from disposal of fixed, intangible
450.00 24,747.00
and other long-term assets
Net cash received from disposal of subsidiaries and
6,406,262.20
other units
Other cash received concerning investing activities 802,853.12
Subtotal of cash inflow from investing activities 627,769,021.14 1,780,279,691.39
Cash paid for purchasing fixed, intangible and other
36,195,112.01 13,035,888.69
long-term assets
Cash paid for investment 499,902,368.30 1,680,300,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries and other units
1,966,397.42
obtained
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities 538,063,877.73 1,693,335,888.69
Net cash flows arising from investing activities 89,705,143.41 86,943,802.70
III. Cash flows arising from financing activities
Cash received from absorbing investment
Including: Cash received from absorbing minority
shareholders’ investment by subsidiaries
Cash received from loans 113,078,930.00 160,000,000.00
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 113,078,930.00 160,000,000.00
Cash paid for settling debts 151,355,541.67 330,120,593.38
Cash paid for dividend and profit distributing or
84,998,350.37 133,976,212.85
interest paying
Including: Dividend and profit of minority shareholder
15,233,747.29 21,983,895.37
paid by subsidiaries
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 236,353,892.04 464,096,806.23
Net cash flows arising from financing activities -123,274,962.04 -304,096,806.23
IV. Influence on cash and cash equivalents due to
fluctuation in exchange rate
V. Net increase of cash and cash equivalents -7,111,651.47 -64,096,421.70
Add: Balance of cash and cash equivalents at the
817,618,857.13 794,551,661.88
period-begin
VI. Balance of cash and cash equivalents at the period-end 810,507,205.66 730,455,240.18
(ii) Explanation on financial statement adjustment
1. Financial statement adjustment at the beginning of the first year when implementation of new leasing
standards from 2021
√Applicable□Not applicable
Whether to adjust the balance sheet account at the beginning of the year
√Yes □ No
Consolidate balance sheet
Unit: Yuan
Item December 31, 2020 January 1, 2021 Adjustment amount
Current assets:
Monetary fund 828,267,701.56 828,267,701.56
Settlement provisions
Capital lent
Trading financial assets 653,743,392.18 653,743,392.18
Derivative financial assets
Note receivable 2,079,880.00 2,079,880.00
Account receivable 125,360,837.70 125,360,837.70
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Receivable financing
Accounts paid in advance 6,523,937.21 6,523,937.21
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Other account receivable 73,166,985.92 73,166,985.92
Including: Interest receivable
Dividend receivable
Buying back the sale of financial assets
Inventories 2,156,833,489.41 2,156,833,489.41
Contractual assets
Assets held for sale
Non-current asset due within one year
Other current assets 54,434,557.21 54,434,557.21
Total current assets 3,900,410,781.19 3,900,410,781.19
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable 20,290,241.12 20,290,241.12
Long-term equity investment 189,812,358.81 189,812,358.81
Investment in other equity instrument 34,037,518.00 34,037,518.00
Other non-current financial assets
Investment real estate 1,232,193,354.33 1,232,193,354.33
Fixed assets 236,115,827.46 236,115,827.46
Construction in progress 12,660,301.65 12,660,301.65
Productive biological asset
Oil and gas asset
Right-of-use assets 130,953,599.54 130,953,599.54
Intangible assets 25,025,642.51 25,025,642.51
Expense on Research and Development
Goodwill 54,601,884.15 54,601,884.15
Long-term expenses to be apportioned 36,176,688.95 36,176,688.95
Deferred income tax asset 45,166,080.92 45,166,080.92
Other non-current asset 44,486,424.98 44,486,424.98
Total non-current asset 1,930,566,322.88 2,061,519,922.42 130,953,599.54
Total assets 5,830,977,104.07 5,961,930,703.61 130,953,599.54
Current liabilities:
Short-term loans 60,064,350.00 60,064,350.00
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable
Account payable 361,446,728.97 361,446,728.97
Accounts received in advance
Contractual liability 222,866,508.74 222,866,508.74
Selling financial asset of repurchase
Absorbing deposit and interbank deposit
Security trading of agency
Security sales of agency
Wage payable 102,812,871.62 102,812,871.62
Taxes payable 124,338,270.19 124,338,270.19
Other account payable 890,196,424.28 890,196,424.28
Including: Interest payable
Dividend payable 8,666,752.90 8,666,752.90
Commission charge and commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within one year 778,648,438.44 778,648,438.44
Other current liabilities 24,234.91 24,234.91
Total current liabilities 2,540,397,827.15 2,540,397,827.15
Non-current liabilities:
Insurance contract reserve
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Long-term loans 698,500,000.00 698,500,000.00
Bonds payable
Including: Preferred stock
Perpetual capital securities
Lease liability 130,953,599.54 130,953,599.54
Long-term account payable
Long-term wages payable
Accrual liability 55,269,380.11 55,269,380.11
Deferred income 2,841,757.36 2,841,757.36
Deferred income tax liabilities 52,582,326.54 52,582,326.54
Other non-current liabilities
Total non-current liabilities 809,193,464.01 940,147,063.55 130,953,599.54
Total liabilities 3,349,591,291.16 3,480,544,890.70 130,953,599.54
Owner’s equity:
Share capital 1,235,656,249.00 1,235,656,249.00
Other equity instrument
Including: Preferred stock
Perpetual capital securities
Capital public reserve 171,688,423.75 171,688,423.75
Less: Inventory shares
Other comprehensive income 59,909.18 59,909.18
Reasonable reserve
Surplus public reserve 173,864,951.70 173,864,951.70
Provision of general risk
Retained profit 324,452,615.79 324,452,615.79
Total owner’ s equity attributable to parent
1,905,722,149.42 1,905,722,149.42
company
Minority interests 575,663,663.49 575,663,663.49
Total owner’ s equity 2,481,385,812.91 2,481,385,812.91
Total liabilities and owner’ s equity 5,830,977,104.07 5,961,930,703.61 130,953,599.54
Statement of adjustment
The Company implemented the new leasing standards for the first time since 1 January 2021.
2. Retrospective adjustment of the comparative data for initial implementation of new leasing standards
from 2021
□ Applicable √ Not applicable
(iii) Audit report
Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.
Board of Directors of
Shenzhen SEG Co., Ltd.
October 28, 2021
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