东沣科技集团股份有限公司 2019 年第一季度报告全文
东沣科技集团股份有限公司
Dongfeng Sci-Tech Group CO., Ltd.
First Quarterly Report 2019
April 2019
1
东沣科技集团股份有限公司 2019 年第一季度报告全文
Section I. Important Notes
Board of Directors and the Supervisory Committee of Dongfeng Sci-Tech Group
CO., Ltd. (hereinafter referred to as the Company) and its directors, supervisors
and senior executives should guarantee the reality, accuracy and completion of
the quarterly report, there are no any fictitious statements, misleading
statements or important omissions carried in this report, and shall take legal
responsibilities, individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation.
Zhao Yongsheng, Person in charge of the Company, Zhao Yongsheng, person in
charger of accounting works and Liu Fengguo, person in charger of accounting
organ (accounting officer) hereby confirm that the Financial Report of this
Quarterly Report is authentic, accurate and complete.
Note: The Report is prepared in bilingual versions of Chinese and English
respectively, in the event of any discrepancy in understanding the two
aforementioned versions, the Chinese version shall prevail.
2
东沣科技集团股份有限公司 2019 年第一季度报告全文
Section II. Company Information
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data
□ Yes √No
Changes of this period over
Current Period Same period of last year
same period of last year
Operating income (RMB) 19,742,832.21 57,256,600.57 -65.52%
Net profit attributable to shareholders of
-14,173,060.95 1,206,225.64 -1,274.99%
the listed company (RMB)
Net profit attributable to shareholders of
the listed company after deducting -14,310,855.79 -1,688,014.85 -727.97%
non-recurring gains and losses (RMB)
Net cash flow arising from operating
18,406,542.28 13,873,390.65 32.68%
activities (RMB)
Basic earnings per share (RMB/Share) -0.020 0.002 -1,100.00%
Diluted earnings per share (RMB/Share) -0.020 0.002 -1,100.00%
Weighted average ROE (%) -4.22% 0.33% -4.55%
Changes of this period-end
At the end of the reporting
At the end of last year over same period-end of last
period
year
Total assets (RMB) 672,082,000.87 624,370,817.40 7.64%
Net assets attributable to shareholder of
328,313,065.98 351,593,999.08 -6.62%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Item Note
period-end
Gains/losses from the disposal of non-current asset (including the
467,465.69
write-off that accrued for impairment of assets)
Held transaction financial asset, gains/losses of changes of fair
values from transaction financial liabilities, and investment gains
from disposal of transaction financial asset, transaction financial
87,723.37
liabilities and financial asset available for sales, exclude the
effective hedging business relevant with normal operations of the
Company
3
东沣科技集团股份有限公司 2019 年第一季度报告全文
Other non-operating income and expenditure except for the
-371,462.62
aforementioned items
Less: impact on income tax 45,931.60
Total 137,794.84 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss
II. Total number of shareholders at the end of this report period and top ten shareholders
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten common
shareholders
In shares
Total number of common Total preference shareholders with
shareholders at the end of report 17,698 voting rights recovered at end of 0
period reporting period (if applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Shareholder’s Nature of Proportion of Amount of shares
non-tradable
name shareholder shares held held State of share Amount
shares held
Domestic natural
Wang Dong 29.49% 208,324,800 208,324,800
person
China Everbright
Overseas legal
Securities (HK) 8.89% 62,822,845 0
person
Limited
GUOTAI
JUNAN
Overseas legal
SECURITIES(H 6.60% 46,639,226 0
person
ONGKONG)
LIMITED
Chengde North Domestic
Industrial non-state-owned 2.62% 18,517,651 18,517,651
Corporation legal person
Domestic natural
Wang Zhengsong 1.89% 13,327,891 13,327,891
person
4
东沣科技集团股份有限公司 2019 年第一季度报告全文
Domestic natural
Wang Wensheng 1.03% 7,258,007 0
person
Domestic natural
Su Youhe 1.03% 7,243,448 0
person
Domestic natural
Zhou Haihong 0.95% 6,711,600 0
person
CORE
PACIFIC-YAMA
ICHI Overseas legal
0.86% 6,051,543 0
INTERNATION person
AL (H.K.)
LIMITED
Haitong
International
Securities Overseas legal
0.77% 5,473,175 0
Company person
Limited-Account
Client
Top ten shareholders with tradable shares held
Type of shares
Shareholder’s name Amount of tradable shares held
Type Amount
Domestically
China Everbright Securities (HK)
62,822,845 listed foreign 62,822,845
Limited
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 46,639,226 listed foreign 46,639,226
LIMITED shares
Domestically
Wang Wensheng 7,258,007 listed foreign 7,258,007
shares
Domestically
Su Youhe 7,243,448 listed foreign 7,243,448
shares
Domestically
Zhou Haihong 6,711,600 listed foreign 6,711,600
shares
CORE PACIFIC-YAMAICHI Domestically
INTERNATIONAL (H.K.) 6,051,543 listed foreign 6,051,543
LIMITED shares
Haitong International Securities 5,473,175 Domestically 5,473,175
5
东沣科技集团股份有限公司 2019 年第一季度报告全文
Company Limited-Account Client listed foreign
shares
Domestically
Shenwan Hongyuan Securities
4,995,920 listed foreign 4,995,920
(Hong Kong) Co., Ltd.
shares
Domestically
Tang Haiming 4,390,000 listed foreign 4,390,000
shares
Domestically
Li Tianyun 3,973,900 listed foreign 3,973,900
shares
Explanation on associated The Company is unknown whether there exists associated relationship or belongs to
relationship among the aforesaid consistent actor regulated by “management method for acquisition of listed company” among
shareholders the above said shareholders.
Explanation on top ten shareholders
involving margin business (if N/A
applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total shareholders with preferred stock held and shares held by top ten shareholders with preferred
stock held
□ Applicable √ Not applicable
6
东沣科技集团股份有限公司 2019 年第一季度报告全文
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
√Applicable □Not applicable
Item Ending balance Opening balance Change ratio Reasons
(%)
（or current （or last period）
period）
Other account receivable 13,722,717.25 8,588,597.44 59.78% Intercourse funds increased in the period
Other current assets Other 12,165,307.83 37,786,874.66 -67.81% Redemption of financial products in the period
current assets
R&D expenses 17,189,388.65 13,346,410.47 28.79% Add new expenses in R&D in the period
Other non-current assets -57.60% Account paid in advance for engineering
191,872,846.36 121,743,152.36
increased
Note payable and account 5,001,709.67 6,668,789.67 -25.00% Account paid for engineering in the period
payable
Account received in 6,285,381.10 16,269,319.99 -61.37% The account received in advance for houses are
advance carry forward to revenue in the period
Taxes payable 133,095.73 921,967.58 -85.56% Paying taxes in the period
Long-term loans 172,210,000.00 101,710,000.00 69.31% Add new loans from the bank in the period
Treasury stock 28,826,485.70 19,718,613.55 46.19% Share repurchase in the period
Operation revenue 19,742,832.21 57,256,600.57 -65.52% Sales in the period declined
Operation cost 18,282,172.42 49,553,806.50 -63.11% Sales in the period declined
Taxes and surcharge 620,914.59 1,986,601.03 -68.74% Sales in the period declined
Sales expenses 5,339,242.26 4,902.12 108817.00% Sales agency fee increased in the period
Other income － 2,890,000.00 -100.00% Energy-saving subsidy received at last period
Net cash flow from 32.68% Intercourse funds increased in the period
18,406,542.28 13,873,390.65
operating activities
Net cash flow from -131.27% Account paid for engineering in the period
-70,777,980.84 -30,604,566.14
investment activities
Net cash flow from 27990.84% The current period is caused by bank loan.
financing activities 58,821,776.56 -210,900.00
7
东沣科技集团股份有限公司 2019 年第一季度报告全文
II. Analysis and explanation of significant events and their influence and solutions
□ Applicable √ Not applicable
Progress of implementation of shares repurchase
√Applicable □ Not applicable
On October 22, 2018, the company held the 4thsession of the seventh board of directors which reviewed and approved the Proposal
on the Repurchase of Company Shares by Centralized Bidding, and the second extraordinary shareholders meeting of 2018 held on
November 7, 2018 reviewed and approved the above proposal. On November 14, 2018, the company disclosed the Repurchase
Report on the Repurchase of Company Shares by Centralized Bidding (Announcement No.: 2018-062). The company implemented
the repurchase for the first time on December 6, 2018, and disclosed the Announcement on the First Repurchase of the Company’s
Shares (Announcement No.: 2018-070) on December 7, 2018. For details of the above, please refer to the relevant announcements
disclosed by the company on Securities Times, Hong Kong Commercial Daily and http://www.cninfo.com.cn. The progress of the
company’s share repurchase was as follows:
Ended as the reporting period, the company repurchased the company’s shares of 28,307,783 shares through a stock repurchase
special security account by centralized bidding transactions, accounting for 4.01% of the company’s total share capital, of which the
highest transaction price was HK$1.18/share, the lowest transaction price was HK$1.09/share, and the total amount paid was
HK$32,095,614.32 (excluding transaction fees). Found more as:
Ceiling price
Repurchased Amount Bottom price Price repurchased Ratio in total
(HK$) Announcement index
date repurchased (HK$) (HK$) share capital
2018.12.6 6,586,658 1.14 1.11 7,449,626.48 0.93% Notice on the First
Repurchase of
Company’s Shares
(No.:2018-070)
2018.12.20 12,864,055 1.14 1.09 14,529,142.54 1.82% Notice on the
Repurchase of 2% of the
Company’s Shares
Capital (No.:2018-075)
2018.12.27 4,994,970 1.18 1.12 5,697,753.10 0.71% Notice on the
Repurchase of 3% of the
Company’s Shares
Capital (No.:2018-076)
2018.12.28 532,100 1.14 1.14 606,594.00 0.08% Notice on the
Repurchase of 4% of the
2019.1.29 3,330,000 1,16 1.14 3,812,498.20 0.47%
Company’s Shares
Capital (No.:2019-006)
Total 28,307,783 32,095,614.32 4.01%
Implementation progress of the reduction of repurchases shares by centralized bidding
8
东沣科技集团股份有限公司 2019 年第一季度报告全文
□ Applicable √ Not applicable
III. Commitments that theactual controller, shareholders, related party, acquirer and the
Company have fulfilled during the reporting period and have not yet fulfilled by the end of
reporting period
□ Applicable √ Not applicable
The Company has no commitments completed in Period and those without completed till end of the Period from actual controller,
shareholders, related parties, acquirer and company.
IV. Predict of the business performance from January to June 2019
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
□ Applicable √ Not applicable
No security investment in Period.
VI. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the Period.
VII. Registration form for receiving research, communication and interview in the report
period
√ Applicable □ Not applicable
Time Way Type Basic situation index of investigation
Operation of the Company, no materials
2019-02-28 Telephone communication Individual
required
Current condition of the Company, no
2019-03-20 Telephone communication Individual
materials required
VIII. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
9
东沣科技集团股份有限公司 2019 年第一季度报告全文
IX. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation form controlling shareholders and its related party in the period.
10
东沣科技集团股份有限公司 2019 年第一季度报告全文
Section IV. Financial statement
I. Financial statement
1. Consolidated balance sheet
Prepared by Dongfeng Sci-Tech Group CO., Ltd.
2019-03-31
In RMB
Item 2019-3-31 2018-12-31
Current assets:
Monetary fund 41,901,666.94 36,306,825.10
Settlement provisions
Capital lent
Tradable financial assets
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
Note receivable and account
5,075.00 11,171.25
receivable
Including: Notes receivable
Accounts receivable 5,075.00 11,171.25
Account paid in advance 60,848,603.32 61,099,009.67
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 13,722,717.25 8,588,597.44
Including: Interest receivable
Dividends receivable
Buying back the sale of financial
assets
Inventories 138,811,253.88 151,585,557.50
Contractual assets
11
东沣科技集团股份有限公司 2019 年第一季度报告全文
Assets held for sale
Non-current assets maturing within
one year
Other current assets 12,165,307.83 37,786,874.66
Total current assets 267,454,624.22 295,378,035.62
Non-current assets:
Loans and payments on behalf
Debt investment
Available-for-sale financial assets
Other debt investment
Held-to-maturity investments
Long-term receivables
Long-term equity investments
Investment in other equity instrument 16,331,037.08 16,331,037.08
Other non-current financial assets
Investment real estate
Fixed assets 16,312,218.88 17,302,279.65
Construction in progress 104,834,967.94 101,650,833.16
Productive biological assets 99,350.00 121,437.50
Oil and gas assets
Right-of-use assets
Intangible assets 56,173,561.53 56,686,960.59
R&D expenses 17,189,388.65 13,346,410.47
Goodwill 1,543,786.41 1,543,786.41
Long-term deferred expenses 270,219.80 266,884.56
Deferred income tax assets
Other non-current assets 191,872,846.36 121,743,152.36
Total non-current assets 404,627,376.65 328,992,781.78
Total assets 672,082,000.87 624,370,817.40
Current liabilities
Short-term loans
Loan from central bank
Capital borrowed
Tradable financial liability
12
东沣科技集团股份有限公司 2019 年第一季度报告全文
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable & account payable 5,001,709.67 6,668,789.67
Accounts received in advance 6,285,381.10 16,269,319.99
Selling financial asset of repurchase
Absorbing deposit and interbank
deposits
Agent buying and selling securities
Acting underwriting securities
Wage payable 995,877.37 981,089.59
Taxes payable 133,095.73 921,967.58
Other accounts payable 131,857,150.85 118,570,218.85
Including: Interest payable 193,333.41
Dividend payable
Handling fees and commissions
payable
Reinsurance payable
Contractual liability
Liability held for sale
Non-current liabilities due within one
year
Other current liabilities
Total current liabilities 144,273,214.72 143,411,385.68
Non-current liabilities:
Insurance contract reserve
Long-term loans 172,210,000.00 101,710,000.00
Bonds payable
Including: preferred stock
Perpetual capital securities
Lease liability
Long-term account payable
Long-term wage payable
Accrued liabilities
13
东沣科技集团股份有限公司 2019 年第一季度报告全文
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 172,210,000.00 101,710,000.00
Total liabilities 316,483,214.72 245,121,385.68
Owners’ equity:
Share capital 706,320,000.00 706,320,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 463,681,309.55 463,681,309.55
Less: Inventory shares 28,826,485.70 19,718,613.55
Other comprehensive income
Special reserve
Surplus reserve 76,791,550.17 76,791,550.17
Provision of general risk
Retained profit -889,653,308.04 -875,480,247.09
Total owner’s equity attributable to parent
328,313,065.98 351,593,999.08
Company
Minority interests 27,285,720.17 27,655,432.64
Total owner’s equity 355,598,786.15 379,249,431.72
Total liabilities and owner’s equity 672,082,000.87 624,370,817.40
Legal representative: Zhao Yongsheng Person in charger of accounting works: Zhao Yongsheng
Person in charger of accounting organ: Liu Fengguo
2. Balance Sheet of Parent Company
In RMB
Item 2019-3-31 2018-12-31
Current assets:
Monetary fund 23,831,488.90 28,933,135.09
Tradable financial assets
Financial assets measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial assets
14
东沣科技集团股份有限公司 2019 年第一季度报告全文
Note receivable and account
receivable
Including: Notes receivable
Accounts receivable
Account paid in advance 60,698,491.98 60,821,190.73
Other account receivable 17,240,379.87 80,991,042.06
Including: Interest receivable
Dividends receivable
Inventories 137,807,448.62 150,581,753.98
Contractual assets
Assets held for sale
Non-current assets maturing within
one year
Other current assets 164,259.65 24,163,071.63
Total current assets 239,742,069.02 345,490,193.49
Non-current assets:
Debt investment
Available-for-sale financial assets
Other debt investment
Held-to-maturity investments
Long-term receivables
Long-term equity investments 372,803,036.40 272,803,036.40
Investment in other equity instrument 16,331,037.08 16,331,037.08
Other non-current financial assets
Investment real estate
Fixed assets 1,477,639.92 1,551,517.36
Construction in progress
Productive biological assets
Oil and gas assets
Right-of-use assets
Intangible assets
R&D expenses
Goodwill
Long-term deferred expenses
Deferred income tax assets
15
东沣科技集团股份有限公司 2019 年第一季度报告全文
Other non-current assets 4,232,226.00
Total non-current assets 394,843,939.40 290,685,590.84
Total assets 634,586,008.42 636,175,784.33
Current liabilities
Short-term loans
Tradable financial liability
Financial liability measured by fair
value and with variation reckoned into
current gains/losses
Derivative financial liability
Notes payable & account payable 4,407,984.67 6,263,184.67
Accounts received in advance 5,926,513.33 14,427,450.03
Contractual liability
Wage payable 278,302.22 257,362.42
Taxes payable 10,587.15 125,482.71
Other accounts payable 461,004,548.56 432,985,336.27
Including: Interest payable
Dividend payable
Liability held for sale
Non-current liabilities due within one
year
Other current liabilities
Total current liabilities 471,627,935.93 454,058,816.10
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Lease liability
Long-term account payable
Long-term wage payable
Accrued liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
16
东沣科技集团股份有限公司 2019 年第一季度报告全文
Total non-current liabilities
Total liabilities 471,627,935.93 454,058,816.10
Owners’ equity:
Share capital 706,320,000.00 706,320,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 456,569,124.55 456,569,124.55
Less: Inventory shares 28,826,485.70 19,718,613.55
Other comprehensive income
Special reserve
Surplus reserve 76,791,550.17 76,791,550.17
Retained profit -1,047,896,116.53 -1,037,845,092.94
Total owner’s equity 162,958,072.49 182,116,968.23
Total liabilities and owner’s equity 634,586,008.42 636,175,784.33
3. Consolidated Profit Statement
In RMB
Item Current Period Last Period
I. Total operation revenue 19,742,832.21 57,256,600.57
Including: operation revenue 19,742,832.21 57,256,600.57
Interest income
Insurance gained
Handling fees and commissions
income
II. Total operation cost 34,140,382.45 58,996,039.89
Including: operation cost 18,282,172.42 49,553,806.50
Interest expense
Handling fees and commissions
expenses
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
17
东沣科技集团股份有限公司 2019 年第一季度报告全文
Bonus expense of guarantee slip
Reinsurance expense
Taxes and surcharge 620,914.59 1,986,601.03
Sales expenses 5,339,242.26 4,902.12
Administration expenses 9,177,892.99 8,176,683.87
R&D expenses 691,311.31
Financial expenses 12,884.75 -725,953.63
Including: interest expenses
Interest income 10,188.51 735,508.45
Losses of devaluation of asset 344,913.75
Loss of credit impairment
Add: other income 2,890,000.00
Investment income (Loss is listed with
87,723.37
“-”)
Including: Investment income on
affiliated Company and joint venture
Exchange income (Loss is listed with
“-”)
Net exposure hedging income (Loss is
listed with “-”)
Changing income of fair value(Loss is
listed with “-”)
Income on disposal of assets (Loss is
467,465.69 530.00
listed with “-”)
III. Operating profit (Loss is listed with “-”) -14,171,310.80 1,151,090.68
Add: Non-operating income 6,245.92
Less: Non-operating expense 371,462.62 2,535.43
IV. Total Profit (Total loss is listed with “-”) -14,213,639.72 1,154,801.17
Less: Income tax expenses
V. Net profit (Net loss is listed with “-”) -14,542,773.42 1,154,801.17
(i) Classify by business continuity
1.continuous operating net profit (net loss
-14,542,773.42 1,154,801.17
listed with ‘-”)
2.termination of net profit (net loss listed
with ‘-”)
(ii) Classify by ownership
18
东沣科技集团股份有限公司 2019 年第一季度报告全文
1.Net profit attributable to owner’s of
-14,173,060.95 1,206,225.64
parent company
2.Minority shareholders’ gains and losses -369,712.47 -51,424.47
VI. Net after-tax of other comprehensive income
Net after-tax of other comprehensive income
attributable to owners of parent company
(I) Other comprehensive income items
which will 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 other equity instrument
4.Fair value change of enterprise's
credit risk
5.Other
(II) Other comprehensive income items
which will be reclassified subsequently to profit
or loss
1.Other comprehensive income
under equity method that can transfer to gain/loss
2.Change of fair value of other debt
investment
3.gain/loss of fair value changes for
available-for-sale financial assets
4.Amount of financial assets
re-classify to other comprehensive income
5.Gain/loss of held-to-maturity
investments that re-classify to available-for-sale
financial asset
6.Credit impairment provision for
other debt investment
7.Cash flow hedging reserve
8.Translation differences arising on
translation of foreign currency financial
statements
19
东沣科技集团股份有限公司 2019 年第一季度报告全文
9.Other
Net after-tax of other comprehensive income
attributable to minority shareholders
VII. Total comprehensive income -14,542,773.42 1,154,801.17
Total comprehensive income attributable to
1,206,225.64
owners of parent Company -14,173,060.95
Total comprehensive income attributable to
-51,424.47
minority shareholders -369,712.47
VIII. Earnings per share:
(i) Basic earnings per share -0.02 0.0020
(ii) Diluted earnings per share -0.02 0.0020
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party
Legal representative: Zhao Yongsheng Person in charger of accounting works: Zhao Yongsheng
Person in charger of accounting organ: Liu Fengguo
4. Profit Statement of Parent Company
In RMB
Item Current Period Last Period
I. Operation revenue 17,826,946.69 55,338,425.07
Less: Operation cost 15,694,747.22 46,849,466.25
Taxes and surcharge 354,809.07 1,748,995.54
Sales expenses 5,332,957.71
Administration expenses 5,862,736.72 2,734,624.92
R&D expenses
Financial expenses 6,997.78 351.05
Including: interest
expenses
Interest income 3575.46 4871.33
Losses of devaluation of asset 448,682.61
Loss of credit impairment
Add: other income 2,890,000.00
Investment income (Loss is
54,665.83
listed with “-”)
Including: Investment income
on affiliated Company and joint venture
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东沣科技集团股份有限公司 2019 年第一季度报告全文
Net exposure hedging income
(Loss is listed with “-”)
Changing income of fair
value(Loss is listed with “-”)
Income on disposal of assets
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
-9,819,318.59 6,894,987.31
“-”)
Add: Non-operating income
Less: Non-operating expense 231,705.00 2,301.69
III. Total Profit (Loss is listed with “-”) -10,051,023.59 6,892,685.62
Less: Income tax expenses
IV. Net profit (Net loss is listed with
-10,051,023.59 6,892,685.62
“-”)
(i) continuous operating net profit
-10,051,023.59 6,892,685.62
(net loss listed with ‘-”)
(ii) termination of net profit (net
loss listed with ‘-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will 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 other equity instrument
4.Fair value change of
enterprise's credit risk
5.Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
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东沣科技集团股份有限公司 2019 年第一季度报告全文
transfer to gain/loss
2.Change of fair value of
other debt investment
3.gain/loss of fair value
changes for available-for-sale financial
assets
4.Amount of financial
assets re-classify to other
comprehensive income
5.Gain/loss of
held-to-maturity investments that
re-classify to available-for-sale financial
asset
6.Credit impairment
provision for other debt investment
7.Cash flow hedging
reserve
8.Translation differences
arising on translation of foreign
currency financial statements
9.Other
VI. Total comprehensive income -10,051,023.59 6,892,685.62
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
5. Consolidated Cash Flow Statement
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 4,746,841.46 28,320,521.54
services
Net increase of customer deposit
and interbank deposit
Net increase of loan from central
bank
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东沣科技集团股份有限公司 2019 年第一季度报告全文
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
Net increase of amount from
disposal financial assets that measured
by fair value and with variation
reckoned into current gains/losses
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 19,411.90
Other cash received concerning
40,537,517.29 16,035,089.98
operating activities
Subtotal of cash inflow arising from
45,284,358.75 44,375,023.42
operating activities
Cash paid for purchasing
commodities and receiving labor 5,792,763.59 1,985,330.39
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 financial assets
held for transaction purposes
Net increase of capital lent
Cash paid for interest, commission
charge and commission
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东沣科技集团股份有限公司 2019 年第一季度报告全文
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 4,361,376.36 6,411,756.37
Taxes paid 1,921,998.77 18,106,251.46
Other cash paid concerning
14,801,677.75 3,998,294.55
operating activities
Subtotal of cash outflow arising from
26,877,816.47 30,501,632.77
operating activities
Net cash flows arising from operating
18,406,542.28 13,873,390.65
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
28,454,665.83 8,000,000.00
investment
Cash received from investment
87,723.37
income
Net cash received from disposal of
fixed, intangible and other long-term 488,370.00 20,000,000.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
29,030,759.20 28,000,000.00
activities
Cash paid for purchasing fixed,
73,208,740.04 65,217,490.51
intangible and other long-term assets
Cash paid for investment 26,600,000.00
Net increase of mortgaged loans
Net cash received from
-6,612,924.37
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
99,808,740.04 58,604,566.14
activities
Net cash flows arising from investing
-70,777,980.84 -30,604,566.14
activities
III. Cash flows arising from financing
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东沣科技集团股份有限公司 2019 年第一季度报告全文
activities
Cash received from absorbing
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 72,500,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from financing
72,500,000.00
activities
Cash paid for settling debts 2,000,000.00
Cash paid for dividend and profit
2,570,351.29
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
9,107,872.15 210,900.00
financing activities
Subtotal of cash outflow from
13,678,223.44 210,900.00
financing activities
Net cash flows arising from financing
58,821,776.56 -210,900.00
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
6,450,338.00 -16,942,075.49
equivalents
Add: Balance of cash and cash
33,512,916.99 68,107,388.69
equivalents at the period -begin
VI. Balance of cash and cash
39,963,254.99 51,165,313.20
equivalents at the period -end
6. Cash Flow Statement of Parent Company
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
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东沣科技集团股份有限公司 2019 年第一季度报告全文
activities:
Cash received from selling
commodities and providing labor 4,746,841.46 27,789,590.54
services
Write-back of tax received 19,411.90
Other cash received concerning
58,801,034.43
operating activities
Subtotal of cash inflow arising from
86,610,036.87
operating activities
Cash paid for purchasing
commodities and receiving labor 6,569,615.87
service
Cash paid to/for staff and workers 1,939,421.95
Taxes paid 4,882,099.67
Other cash paid concerning
68,361,957.62
operating activities
Subtotal of cash outflow arising from
81,753,095.11
operating activities
Net cash flows arising from operating
4,856,941.76
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term 56,360,440.60
assets
Net cash received from disposal of
61,107,282.06
subsidiaries and other units
Other cash received concerning
5,792,763.59
investing activities
Subtotal of cash inflow from investing
activities
Cash paid for purchasing fixed,
intangible and other long-term assets
Cash paid for investment
26
东沣科技集团股份有限公司 2019 年第一季度报告全文
Net cash received from
subsidiaries and other units obtained
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
activities
Net cash flows arising from investing
activities
III. Cash flows arising from financing
activities 4,361,376.36
Cash received from absorbing
1,852,690.64
investment
Cash received from loans 30,624,601.06
Cash received from issuing bonds 42,700,739.78
Other cash received concerning
financing activities 18,406,542.28
Subtotal of cash inflow from financing
activities
Cash paid for settling debts 28,454,665.83
Cash paid for dividend and profit
distributing or interest paying 87,723.37
Other cash paid concerning
488,370.00 210,900.00
financing activities
Subtotal of cash outflow from
210,900.00
financing activities
Net cash flows arising from financing
-210,900.00
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate 29,030,759.20
V. Net increase of cash and cash
4,646,041.76
equivalents 73,208,740.04
Add: Balance of cash and cash
5,394,019.29
equivalents at the period -begin 26,600,000.00
VI. Balance of cash and cash
10,040,061.05
equivalents at the period -end
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东沣科技集团股份有限公司 2019 年第一季度报告全文
II. Explanation on financial statement adjustment
1. Financial statement adjustment at the beginning of the first year when implementation of new financial
instrument rules, new revenue rules and new leasing rules
√ Applicable □Not applicable
Consolidate balance sheet
In RMB
Item 2018-12-31 2019-1-1 Adjustment
Current assets:
Monetary fund 36,306,825.10 36,306,825.10
Note receivable and
11,171.25 11,171.25
account receivable
Accounts
11,171.25 11,171.25
receivable
Account paid in advance 61,099,009.67 61,099,009.67
Other account
8,588,597.44 8,588,597.44
receivable
Inventories 151,585,557.50 151,585,557.50
Other current assets 37,786,874.66 37,786,874.66
Total current assets 295,378,035.62 295,378,035.62
Non-current assets:
Available-for-sale
Not applicable -16,331,037.08
financial assets
Investment in other
Not applicable 16,331,037.08 16,331,037.08
equity instrument
Fixed assets 17,302,279.65 17,302,279.65
Construction in progress 101,650,833.16 101,650,833.16
Productive biological
121,437.50 121,437.50
assets
Intangible assets 56,686,960.59 56,686,960.59
R&D expenses 13,346,410.47 13,346,410.47
Goodwill 1,543,786.41 1,543,786.41
Long-term deferred
266,884.56 266,884.56
expenses
Other non-current assets 121,743,152.36 121,743,152.36
Total non-current assets 328,992,781.78 328,992,781.78
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东沣科技集团股份有限公司 2019 年第一季度报告全文
Total assets 624,370,817.40 624,370,817.40
Current liabilities
Notes payable &
6,668,789.67 6,668,789.67
account payable
Accounts received in
16,269,319.99 16,269,319.99
advance
Wage payable 981,089.59 981,089.59
Taxes payable 921,967.58 921,967.58
Other accounts payable 118,570,218.85 118,570,218.85
Total current liabilities 143,411,385.68 143,411,385.68
Non-current liabilities:
Long-term loans 101,710,000.00 101,710,000.00
Total non-current liabilities 101,710,000.00 101,710,000.00
Total liabilities 245,121,385.68 245,121,385.68
Owners’ equity:
Share capital 706,320,000.00 706,320,000.00
Capital public reserve 463,681,309.55 463,681,309.55
Less: Inventory shares 19,718,613.55 19,718,613.55
Surplus reserve 76,791,550.17 76,791,550.17
Retained profit -875,480,247.09 -875,480,247.09
Total owner’s equity
attributable to parent 351,593,999.08 351,593,999.08
Company
Minority interests 27,655,432.64 27,655,432.64
Total owner’s equity 379,249,431.72 379,249,431.72
Total liabilities and owner’s
624,370,817.40 624,370,817.40
equity
Statement of adjustment
Balance sheet of parent company
In RMB
Item 2018-12-31 2019-1-1 Adjustment
Current assets:
Monetary fund 28,933,135.09 28,933,135.09
Account paid in advance 60,821,190.73 60,821,190.73
Other account
80,991,042.06 80,991,042.06
receivable
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东沣科技集团股份有限公司 2019 年第一季度报告全文
Inventories 150,581,753.98 150,581,753.98
Other current assets 24,163,071.63 24,163,071.63
Total current assets 345,490,193.49 345,490,193.49
Non-current assets:
Available-for-sale
Not applicable -16,331,037.08
financial assets
Long-term equity
272,803,036.40 272,803,036.40
investments
Investment in other
Not applicable 16,331,037.08 16,331,037.08
equity instrument
Fixed assets 1,551,517.36 1,551,517.36
Total non-current assets 290,685,590.84 290,685,590.84
Total assets 636,175,784.33 636,175,784.33
Current liabilities
Notes payable &
6,263,184.67 6,263,184.67
account payable
Accounts received in
14,427,450.03 14,427,450.03
advance
Wage payable 257,362.42 257,362.42
Taxes payable 125,482.71 125,482.71
Other accounts payable 432,985,336.27 432,985,336.27
Total current liabilities 454,058,816.10 454,058,816.10
Non-current liabilities:
Total liabilities 454,058,816.10 454,058,816.10
Owners’ equity:
Share capital 706,320,000.00 706,320,000.00
Capital public reserve 456,569,124.55 456,569,124.55
Less: Inventory shares 19,718,613.55 19,718,613.55
Surplus reserve 76,791,550.17 76,791,550.17
Retained profit -1,037,845,092.94 -1,037,845,092.94
Total owner’s equity 182,116,968.23 182,116,968.23
Total liabilities and owner’s
636,175,784.33 636,175,784.33
equity
Statement of adjustment
In 2017, the Ministry of Finance issued and revised the “Accounting Standard for Business Enterprise No.22- Recognition of
financial instrument and measurement”(CK [2017] No.7), “Accounting Standard for Business Enterprise No.23- Transfer of
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东沣科技集团股份有限公司 2019 年第一季度报告全文
Financial assets”(CK[2017] No.8, “Accounting Standard for Business Enterprise No.24- Hedge Accounting (CK [2017] No.9” and
“Accounting Standard for Business Enterprise No.37- Presentation of financial instruments (CK[2017] No.14”, according relevant
requirement of the Notice, the Company implementing the above mentioned new financial accounting rules since 1 Jan. 2019. The
rules stipulated that on the date of implementation of the Rules, financial instruments are need to be re-classified and measurement in
line with the regulations, no adjustment is required for inconsistent data of financial statements involving prior comparison with the
requirement of these standards. The impacts arising from the changes of accounting policy, the amount of Available-for-sale
financial assets and Investment in other equity instrument on beginning of 2019 should be adjusted.
2. Retrospective adjustment of the comparative data for initial implementation of new financial instrument
rules and new leasing rules
□Applicable √Not applicable
III. Audit report
Whether the first quarterly report had been audited or not
□ Yes √ No
The first quarterly report of the Company had not been audited.
31
