Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
GUANGDONG RIEYS GROUP COMPANY LTD.
Report for the Third Quarter of 2013
2013-035
Oct. 2013
1
Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Section I. Important Reminders
The Board of Directors, the Supervisory Committee as well as all directors, supervisors and senior
management staff of Guangdong Rieys Group Co., Ltd. (hereinafter referred to as “the Company”)
warrant that this report is factual, accurate and complete without any false record, misleading
statement or material omission. And they shall be jointly and severally liable for that.
All directors attended the board session for reviewing this report.
Chen Hongcheng, company principal, Chen Jincai, chief of the accounting work, and Zheng
Guangde, chief of the accounting organ (chief of accounting), hereby confirm that the financial
statements enclosed in this report are factual, accurate and complete.
English Translation for Reference Only. Should there be any discrepancy between the two versions,
the Chinese version shall prevail.
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Section II. Financial Highlights & Change of Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the
accounting policy or correction of any accounting error?
□ Yes √ No
30 Sept. 2013 31 Dec. 2012 Increase/decrease (%)
Total assets (RMB Yuan) 451,294,332.72 526,645,545.47 -14.31%
Net assets attributable to
shareholders of the Company 363,910,421.34 355,613,504.08 2.33%
(RMB Yuan)
YoY increase/decrease YoY increase/decrease
Jul.-Sept. 2013 Jan.-Sept. 2013
(%) (%)
Operating revenues (RMB Yuan) 31,750,566.00 220,390.04% 133,142,609.00 1,644.46%
Net profit attributable to
shareholders of the Company 1,112,272.25 -100% 8,296,917.27 -138.11%
(RMB Yuan)
Net profit attributable to
shareholders of the Company after
1,125,735.25 -247.69% 8,564,101.23 -140.95%
extraordinary gains and losses
(RMB Yuan)
Net cash flows from operating
-- -- 15,287,046.23 -78.56%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) 0 -100% 0.03 -142.86%
Diluted EPS (RMB Yuan/share) 0 -100% 0.03 -142.86%
Weighted average ROE (%) 0.31% 2.94% 2.31% 9.14%
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Item Amount as of Jan.-Sept. 2013 Note
Gains/losses on the disposal of non-current assets (including the Gains/losses on the disposal of
11,694.17
offset part of asset impairment provisions) fixed assets
Other non-operating income and expenses other than the above -279,604.12 Donation and so on.
Less: Income tax effects 69.13
Minority interests effects (after tax) -795.12
Total -267,183.96 --
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in
the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the
Public—Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said
explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
II. Total number of shareholders at the period-end and shares held by the top ten
shareholders
Unit: share
Total number of shareholders at the
12,631
period-end
Shares held by the top ten shareholders
Number of the Pledged or frozen shares
Name of Nature of Shareholding Number of the
restricted shares
shareholder shareholder percentage (%) shares held Status of shares Number of shares
held
Shenzhen
Shenghengchan Domestic
g Huifu non-state-owned 36.99% 117,855,000 117,855,000 Pledged 117,855,000
Industrial Co., corporation
Ltd.
Shenzhen
Risheng
Domestic
Chuangyuan
non-state-owned 10.68% 34,020,000 34,020,000 Pledged 34,020,000
Asset
corporation
Management
Co., Ltd.
GUOTAI
JUNAN
Foreign
SECURITIES(H 5.75% 18,333,136 0
corporation
ONGKONG)
LIMITED
Puning Lianhua Domestic
Industrial Co., non-state-owned 3.81% 12,150,000 12,150,000
Ltd. corporation
Domestic natural
Su Youhe 2.27% 7,217,210 0
person
China Everbright
Foreign
Securities (HK) 2.19% 6,964,310 0
corporation
Limited
Shanghai Foreign 0.99% 3,117,412 0
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Wanguo corporation
Securities (HK)
Limited
Domestic natural
Fan Jiongyang 0.75% 2,396,620 0
person
Domestic natural
Xie Qingjun 0.72% 2,296,600 0
person
Domestic natural
Zheng Suxian 0.42% 1,354,000 0
person
Particulars about shares held by the top ten shareholders holding shares not subject to trading moratorium
Type of shares
Name of shareholder Number of non-restricted shares held
Type Number
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 18,333,136 listed foreign 18,333,136
LIMITED shares
Domestically
Su Youhe 7,217,210 listed foreign 7,217,210
shares
Domestically
China Everbright Securities (HK)
6,964,310 listed foreign 6,964,310
Limited
shares
Domestically
Shanghai Wanguo Securities (HK)
3,117,412 listed foreign 3,117,412
Limited
shares
Domestically
Fan Jiongyang 2,396,620 listed foreign 2,396,620
shares
Domestically
Xie Qingjun 2,296,600 listed foreign 2,296,600
shares
Domestically
Zheng Suxian 1,354,000 listed foreign 1,354,000
shares
Domestically
Kang Weishen 1,218,997 listed foreign 1,218,997
shares
Domestically
Zhang Huai’an 1,160,000 listed foreign 1,160,000
shares
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Domestically
NGAI KWOK PAN Wei Guobin 1,145,816 listed foreign 1,145,816
shares
Shenzhen Shenghengchang Huifu Industrial Co., Ltd.(Puning Shenghengchang Trade
Development Co., Ltd changed its name as Shenzhen Shenghengchang Huifu Industrial Co.,
Explanation on associated Ltd. because of relocation ), Shenzhen Risheng Chuangyuan Asset Management Co., Ltd. and
relationship or persons acting in Puning Lianhua Industrial Co., Ltd. (Puning Lianhua Industrial Co., Ltd. changed its name as
concert among the above-mentioned Shenzhen Lianhua Huiren Industriy Co., Ltd. because of relocation ) had correlation
shareholders relationship, which belong to action-in-concert promulgated by Measures for the
Administration of Disclosure of Information on the Change of Shareholdings in Listed
Companies. Other relevant situation was unknown.
Explanation on shareholders
participating in the margin trading N/A
business (if any)
Did any shareholder of the Company carry out an agreed buy-back in the reporting period?
□ Yes √ No
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Section III. Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting
period, as well as reasons for the changes
Financial Increase/dec
30 Sept. 2013 31 Dec. 2012 Increase/decrease Main reason for the change
statement item rease (%)
Monetary funds Returned loan principals to the
Everbright Bank, and the
6,470,848.26 21,555,492.79 -15,084,644.53 -69.98 monetary funds decreased.
Accounts Commercial residential building
receivable 14,092,758.71 29,542,060.33 -15,449,301.62 -52.30 sold and mortgage loan decreased.
Other Receivable come-and-go money
Prepayments 23,699,783.13 8,712,918.25 14,986,864.88 172.01 increased.
Project in advance had not
received settlement of invoice
Prepayments 32,258,753.60 1,401,124.90 30,857,628.70 2,202.35 temporary.
Returned loan principals to the
Short-term loans - 15,099,960.00 -15,099,960.00 -100.00 Everbright Bank.
Accounts
payable 12,691,909.00 30,877,322.71 -18,185,413.71 -58.90 Returned credit payment
Other accounts
payable 10,742,568.46 32,816,218.09 -22,073,649.63 -67.26 Returned debts
Returned interests to the
Interests payable - 13,756,401.18 -13,756,401.18 -100.00 Everbright Bank.
Income Increase/dec
30 Sept. 2013 31 Dec. 2012 Increase/decrease Main reason for the change
statement rease (%)
Operating Recognized revenue of sales of
133,142,609.00 7,632,317.19
income 125,510,291.81 1,644.46 commercial residential building
Carry-over costs of sales of
Operating costs 87,173,885.59 5,242,728.04 81,931,157.55
1,562.76 commercial residential building.
Recognized operating taxes etc. of
Business tax and
11,777,186.62 sales of commercial residential
surcharges 11,778,586.62 1,400.00
841,227.62 building.
Quit from fashion industry and
Operating
530,720.96 886,319.16 (355,598.20) only remain the sales of real
expenses
-40.12 estate.
Returned loan principals to the
Financial
3,136,914.05 6,036,337.35 (2,899,423.30) Everbright Bank and the interests
expenses
-48.03 costs decreased.
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Assets The amount of bad debts written
2,506,777.85
impairment loss (118,693.64) (2,625,471.49) -104.73 off of last period decreased.
Profits from selling the
Income tax 8,191,311.01 commercial residential building
expenses 7,573,009.51 (618,301.50) 1,324.81 increased.
II. Progress and influence of significant events, as well as the analysis and explanation on
solutions
In the reporting period, the Company had no significant events happened, or will happened, or continued to the reporting period.
III. Commitments made by the Company or shareholders holding over 5% of the Company’s
shares in the reporting period or such commitments carried down into the reporting period
Commitment Time of making Period of
Commitment Contents Fulfillment
maker commitment commitment
Commitment on share reform
Commitment in the acquisition report or
the report on equity changes
The Company
made a
commitment not
to plan any
Within three
Commitments made upon the assets events of assets It is being
The Company 26 Jul. 2013 months from 26
reorganization reorganization at executing,
Jul. 2013
least within
three months
from 26 Jul.
2013.
Commitments made upon IPO or
refinancing
The actual
controller made
a commitment to
increase the
Within 12
shareholding in
Other commitments made to minority The actual months from the It has not yet
the Company by 14 Jan. 2013
shareholders controller date of the first executed.
a controlled
increasing.
account within
12 months since
the first
shareholding
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
increase day,
with an
increasing
proportion not
over 2% of the
total share
capital of the
Company.
Executed timely or not? Yes
Detailed reason for failing to execute and
Inapplicable
the next plan (if any)
IV. Predict the 2013 annual operating results
Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the
beginning of the year to the end of the next reporting period compared with the same period of the last year
according to prediction, as well as explanations on the reasons
□Applicable √Inapplicable
V. Researches, visits and interviews received in the reporting period
Main discussion and
Time of reception Place of reception Way of reception Visitor type Visitor materials provided by the
Company
Enquired the process of the
Telephone significant asset
3 Jul. 2013 The Company Individual Investor
Communication reorganization of the
Company.
Enquired the process of the
Telephone significant asset
5 Jul. 2013 The Company Individual Investor
Communication reorganization of the
Company.
Enquired the process of the
Telephone significant asset
8 Jul. 2013 The Company Individual Investor
Communication reorganization of the
Company.
Telephone Enquired the land banking
7 Aug. 2013 The Company Individual Investor
Communication situation of the Company.
Enquired whether the
Telephone normal operating of the
23 Aug. 2013 The Company Individual Investor
Communication Company was effected by
the flood in the Chaoshan
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
area and put forward the
solution of the B shares
issue.
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Section IV. Financial Statements
I. Financial statements
1. Consolidated balance sheet
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Closing balance Opening balance
Current Assets:
Monetary funds 6,470,848.26 21,555,492.79
Settlement reserves
Intra-group lendings
Transactional financial assets
Notes receivable
Accounts receivable 14,092,758.71 29,542,060.33
Accounts paid in advance 32,258,753.60 1,401,124.90
Premiums receivable
Reinsurance premiums receivable
Receivable reinsurance contract
reserves
Interest receivable
Dividend receivable
Other accounts receivable 23,699,783.13 8,712,918.25
Financial assets purchased under
agreements to resell
Inventories 253,628,625.88 340,802,511.47
Non-current assets due within 1 year
Other current assets
Total current assets 330,150,769.58 402,014,107.74
Non-current assets:
Loans by mandate and advances
granted
Available-for-sale financial assets
Held-to-maturity investments
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Long-term accounts receivable
Long-term equity investment
Investing property
Fixed assets 84,860,978.45 87,845,171.59
Construction in progress
Engineering materials 54,526.00 54,526.00
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 27,215,286.15 27,720,177.33
R&D expense
Goodwill
Long-term deferred expenses
Deferred income tax assets 8,577,402.81 8,577,402.81
Other non-current assets 435,369.73 434,160.00
Total of non-current assets 121,143,563.14 124,631,437.73
Total assets 451,294,332.72 526,645,545.47
Current liabilities:
Short-term borrowings 15,099,960.00
Borrowings from Central Bank
Customer bank deposits and due to
banks and other financial institutions
Intra-group borrowings
Transactional financial liabilities
Notes payable
Accounts payable 12,691,909.00 30,877,322.71
Accounts received in advance 20,535,527.78 28,576,119.48
Financial assets sold for repurchase
Handling charges and commissions
payable
Employee’s compensation payable 647,379.30 730,461.85
Tax payable 38,424,534.94 44,779,973.52
Interest payable 13,756,401.18
Dividend payable
Other accounts payable 10,742,568.46 32,816,218.09
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Reinsurance premiums payable
Insurance contract reserves
Payables for acting trading of
securities
Payables for acting underwriting of
securities
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 83,041,919.48 166,636,456.83
Non-current liabilities:
Long-term borrowings
Bonds payable
Long-term payables
Specific payables
Estimated liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 83,041,919.48 166,636,456.83
Owners’ equity (or shareholders’
equity)
Paid-up capital (or share capital) 318,600,000.00 318,600,000.00
Capital reserves 52,129,496.58 52,129,496.58
Less: Treasury stock
Specific reserves
Surplus reserves 86,036,260.20 86,036,260.20
Provisions for general risks
Retained profits -92,855,335.44 -101,152,252.70
Foreign exchange difference
Total equity attributable to owners of
363,910,421.34 355,613,504.08
the Company
Minority interests 4,341,991.90 4,395,584.56
Total owners’ (or shareholders’) equity 368,252,413.24 360,009,088.64
Total liabilities and owners’ (or
451,294,332.72 526,645,545.47
shareholders’) equity
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
2. Balance sheet of the Company
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Closing balance Opening balance
Current Assets:
Monetary funds 3,643,078.70 7,628,811.81
Transactional financial assets
Notes receivable
Accounts receivable
Accounts paid in advance
Interest receivable
Dividend receivable
Other accounts receivable 81,206,206.79 94,265,296.12
Inventories
Non-current assets due within 1 year
Other current assets
Total current assets 84,849,285.49 101,894,107.93
Non-current assets:
Available-for-sale financial assets
Held-to-maturity investments
Long-term accounts receivable
Long-term equity investment 243,312,509.68 243,312,508.68
Investing property
Fixed assets 80,998,876.52 83,619,246.08
Construction in progress
Engineering materials 54,526.00 54,526.00
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 27,215,286.15 27,720,177.33
R&D expense
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Goodwill
Long-term deferred expenses
Deferred income tax assets 2,466,835.50 2,466,835.50
Other non-current assets
Total of non-current assets 354,048,033.85 357,173,293.59
Total assets 438,897,319.34 459,067,401.52
Current liabilities:
Short-term borrowings 15,099,960.00
Transactional financial liabilities
Notes payable
Accounts payable 19,442.64 19,442.64
Accounts received in advance
Employee’s compensation payable 281,232.64 159,511.60
Tax payable 1,060,790.56 2,686,106.07
Interest payable 13,756,401.18
Dividend payable
Other accounts payable 206,770,681.50 186,273,159.74
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 208,132,147.34 217,994,581.23
Non-current liabilities:
Long-term borrowings
Bonds payable
Long-term payables
Specific payables
Estimated liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities 208,132,147.34 217,994,581.23
Owners’ equity (or shareholders’
equity)
Paid-up capital (or share capital) 318,600,000.00 318,600,000.00
Capital reserves 52,129,496.58 52,129,496.58
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Less: Treasury stock
Specific reserves
Surplus reserves 86,036,260.20 86,036,260.20
Provisions for general risks
Retained profits -226,000,584.78 -215,692,936.49
Foreign exchange difference
Total owners’ (or shareholders’) equity 230,765,172.00 241,072,820.29
Total liabilities and owners’ (or
438,897,319.34 459,067,401.52
shareholders’) equity
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
3. Consolidated income statement for the reporting period
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jul.-Sept. 2013 Jul.-Sept. 2012
I. Total operating revenues 31,750,566.00 14,400.00
Including: Sales income 31,750,566.00 14,400.00
II. Total operating cost 28,969,625.73 7,430,622.30
Including: Cost of sales 20,621,986.00 0.00
Taxes and associate charges 2,852,300.26 1,400.00
Selling and distribution expenses 166,414.22 128,774.66
Administrative expenses 4,881,454.18 5,451,897.62
Financial expenses 473,972.12 1,808,237.34
Asset impairment loss -26,501.05 40,312.68
Add: Gain/(loss) from change in fair
-3,404.00
value (“-” means loss)
Gain/(loss) from investment (“-”
5,093.38
means loss)
III. Business profit (“-” means loss) 2,780,940.27 -7,414,532.92
Less: non-operating expense 13,768.00 805,456.87
IV. Total profit (“-” means loss) 2,767,172.27 -8,219,989.79
Less: Income tax expense 1,672,416.72
V. Net profit (“-” means loss) 1,094,755.55 -8,219,989.79
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Attributable to owners of the
1,112,272.25 -8,203,309.24
Company
Minority shareholders’ income -17,516.70 -16,680.55
VI. Earnings per share -- --
(I) Basic earnings per share 0 -0.03
(II) Diluted earnings per share 0 -0.03
VII. Total comprehensive incomes 1,094,755.55 -8,219,989.79
Attributable to owners of the
1,112,272.25 -8,203,309.24
Company
Attributable to minority
-17,516.70 -16,680.55
shareholders
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
4. Income statement of the Company for the reporting period
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jul.-Sept. 2013 Jul.-Sept. 2012
I. Total sales 0.00 14,400.00
Less: cost of sales 0.00 0.00
Business taxes and surcharges 1,400.00
Administrative expenses 2,647,311.65 2,139,001.20
Financial costs 489,457.43 1,359,625.25
Add: gain/(loss) from change in fair
-3,404.00
value (“-” means loss)
Gain/(loss) from investment (“-” means
5,093.38
loss)
II. Business profit (“-” means loss) -3,136,769.08 -3,483,937.07
Add: non-business income 0.00
Less: non-business expense 0.00 776,750.00
III. Total profit (“-” means loss) -3,136,769.08 -4,260,687.07
IV. Net profit (“-” means loss) -3,136,769.08 -4,260,687.07
V. Earnings per share -- --
(I) Basic earnings per share -0.01 -0.01
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
(II) Diluted earnings per share -0.01 -0.01
VI. Total comprehensive income -3,136,769.08 -4,260,687.07
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
5. Consolidated income statement for Jan.-Sept. 2013
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2013 Jan.-Sept. 2012
I. Total operating revenues 133,142,609.00 7,632,317.19
Including: Sales income 133,142,609.00 7,632,317.19
Interest income
Premium income
Handling charge and
commission income
II. Total operating cost 117,058,364.94 29,243,771.24
Including: Cost of sales 87,173,885.59 5,242,728.04
Interest expenses
Handling charge and
commission expenses
Surrenders
Net claims paid
Net amount withdrawn for the
insurance contract reserve
Expenditure on policy dividends
Reinsurance premium
Taxes and associate charges 11,778,586.62 1,400.00
Selling and distribution expenses 530,720.96 886,319.16
Administrative expenses 14,556,951.36 14,570,208.84
Financial expenses 3,136,914.05 6,036,337.35
Asset impairment loss -118,693.64 2,506,777.85
Add: Gain/(loss) from change in fair
0.00
value (“-” means loss)
Gain/(loss) from investment (“-” 5,093.38
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
means loss)
Including: share of profits in associates
and joint ventures
Foreign exchange gains (“-” means
loss)
III. Business profit (“-” means loss) 16,084,244.06 -21,606,360.67
Add: non-operating income 6,875.00 1,401.20
Less: non-operating expense 274,784.95 863,636.37
Including: loss from non-current asset
disposal
IV. Total profit (“-” means loss) 15,816,334.11 -22,468,595.84
Less: Income tax expense 7,573,009.51 -618,301.50
V. Net profit (“-” means loss) 8,243,324.60 -21,850,294.34
Including: Net profit achieved by
combined parties before the
combinations
Attributable to owners of the
8,296,917.27 -21,773,501.68
Company
Minority shareholders’ income -53,592.67 -76,792.66
VI. Earnings per share -- --
(I) Basic earnings per share 0.03 -0.07
(II) Diluted earnings per share 0.03 -0.07
Ⅶ. Other comprehensive incomes
Ⅷ. Total comprehensive incomes 8,243,324.60 -21,850,294.34
Attributable to owners of the
8,296,917.27 -21,773,501.68
Company
Attributable to minority
-53,592.67 -76,792.66
shareholders
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
6. Income statement of the Company for Jan.-Sept. 2013
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2013 Jan.-Sept. 2012
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
I. Total sales 0.00 14,400.00
Less: cost of sales 0.00 0.00
Business taxes and surcharges 1,400.00
Distribution expenses
Administrative expenses 6,995,819.57 6,388,609.01
Financial costs 3,208,703.49 4,653,514.86
Impairment loss 136,310.38
Add: gain/(loss) from change in fair
0.00
value (“-” means loss)
Gain/(loss) from investment (“-” means
5,093.38
loss)
Including: income form investment on
associates and joint ventures
II. Business profit (“-” means loss) -10,204,523.06 -11,160,340.87
Add: non-business income 496.92
Less: non-business expense 103,125.23 816,750.00
Including: loss from non-current asset
disposal
III. Total profit (“-” means loss) -10,307,648.29 -11,976,593.95
Less: income tax expense -34,077.60
IV. Net profit (“-” means loss) -10,307,648.29 -11,942,516.35
V. Earnings per share -- --
(I) Basic earnings per share -0.03 -0.04
(II) Diluted earnings per share -0.03 -0.04
VI. Other comprehensive income
VII. Total comprehensive income -10,307,648.29 -11,942,516.35
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
7. Consolidated cash flow statement for Jan.-Sept. 2013
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2013 Jan.-Sept. 2012
I. Cash flows from operating activities:
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Cash received from sale of
140,670,012.56 198,670,809.79
commodities and rendering of service
Net increase of deposits from
customers and dues from banks
Net increase of loans from the central
bank
Net increase of funds borrowed from
other financial institutions
Cash received from premium of
original insurance contracts
Net cash received from reinsurance
business
Net increase of deposits of policy
holders and investment fund
Net increase of disposal of tradable
financial assets
Cash received from interest, handling
charges and commissions
Net increase of intra-group
borrowings
Net increase of funds in repurchase
business
Tax refunds received 36,687.67 5,400,000.00
Other cash received relating to
60,335,072.32 12,475,593.57
operating activities
Subtotal of cash inflows from operating
201,041,772.55 216,546,403.36
activities
Cash paid for goods and services 49,043,042.41 122,344,522.80
Net increase of customer lendings
and advances
Net increase of funds deposited in the
central bank and amount due from
banks
Cash for paying claims of the original
insurance contracts
Cash for paying interest, handling
charges and commissions
Cash for paying policy dividends
21
Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Cash paid to and for employees 4,505,472.23 5,511,137.77
Various taxes paid 25,504,525.85 1,759,213.15
Other cash payment relating to
106,701,685.83 15,617,895.80
operating activities
Subtotal of cash outflows from
185,754,726.32 145,232,769.52
operating activities
Net cash flows from operating activities 15,287,046.23 71,313,633.84
II. Cash flows from investing activities:
Cash received from withdrawal of
12,580.00
investments
Cash received from return on
5,093.38
investments
Net cash received from disposal of
fixed assets, intangible assets and other 122,368.00 143,130.00
long-term assets
Net cash received from disposal of
subsidiaries or other business units
Other cash received relating to
investing activities
Subtotal of cash inflows from
122,368.00 160,803.38
investing activities
Cash paid to acquire fixed assets,
intangible assets and other long-term 484,642.71 640,465.37
assets
Cash paid for investment
Net increase of pledged loans
Net cash paid to acquire subsidiaries
and other business units
Other cash payments relating to
investing activities
Subtotal of cash outflows from
484,642.71 640,465.37
investing activities
Net cash flows from investing activities -362,274.71 -479,661.99
III. Cash Flows from Financing
Activities:
Cash received from capital
contributions
Including: Cash received from
22
Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
minority shareholder investments by
subsidiaries
Cash received from borrowings
Cash received from issuance of
bonds
Other cash received relating to
3,400,000.00 13,000,000.00
financing activities
Subtotal of cash inflows from financing
3,400,000.00 13,000,000.00
activities
Repayment of borrowings 15,099,960.00 10,500,000.00
Cash paid for interest expenses and
15,609,456.05
distribution of dividends or profit
Including: dividends or profit paid
by subsidiaries to minority shareholders
Other cash payments relating to
2,700,000.00 65,036,636.92
financing activities
Sub-total of cash outflows from
33,409,416.05 75,536,636.92
financing activities
Net cash flows from financing activities -30,009,416.05 -62,536,636.92
IV. Effect of foreign exchange rate
changes on cash and cash equivalents
V. Net increase in cash and cash
-15,084,644.53 8,297,334.93
equivalents
Add: Opening balance of cash and
21,555,492.79 1,600,749.63
cash equivalents
VI. Closing balance of cash and cash
6,470,848.26 9,898,084.56
equivalents
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
8. Cash flow statement of the Company for Jan.-Sept. 2013
Prepared by Guangdong Rieys Group Company Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2013 Jan.-Sept. 2012
I. Cash flows from operating activities:
Cash received from sale of 14,400.00
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Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
commodities and rendering of service
Tax refunds received
Other cash received relating to
172,196,146.90 73,474,852.82
operating activities
Subtotal of cash inflows from operating
172,196,146.90 73,489,252.82
activities
Cash paid for goods and services
Cash paid to and for employees 1,476,314.65 1,064,516.76
Various taxes paid 1,757,356.58 855,345.48
Other cash payment relating to
142,930,291.73 3,512,607.09
operating activities
Subtotal of cash outflows from
146,163,962.96 5,432,469.33
operating activities
Net cash flows from operating activities 26,032,183.94 68,056,783.49
II. Cash flows from investing activities:
Cash received from retraction of
12,580.00
investments
Cash received from return on
5,093.38
investments
Net cash received from disposal of
fixed assets, intangible assets and other
long-term assets
Net cash received from disposal of
subsidiaries or other business units
Other cash received relating to
investing activities
Subtotal of cash inflows from
17,673.38
investing activities
Cash paid to acquire fixed assets,
intangible assets and other long-term 8,500.00
assets
Cash paid for investment
Net cash paid to acquire subsidiaries
1.00
and other business units
Other cash payments relating to
investing activities
Subtotal of cash outflows from
8,501.00
investing activities
24
Report for the Third Quarter of 2013 of Guangdong Rieys Group Company Ltd.
Net cash flows from investing activities -8,501.00 17,673.38
III. Cash Flows from Financing
Activities:
Cash received from capital
contributions
Cash received from borrowings
Cash received from issuance of
bonds
Other cash received relating to
3,400,000.00 13,000,000.00
financing activities
Subtotal of cash inflows from financing
3,400,000.00 13,000,000.00
activities
Repayment of borrowings 15,099,960.00 10,500,000.00
Cash paid for interest expenses and
15,609,456.05
distribution of dividends or profit
Other cash payments relating to
2,700,000.00 65,036,636.92
financing activities
Sub-total of cash outflows from
33,409,416.05 75,536,636.92
financing activities
Net cash flows from financing activities -30,009,416.05 -62,536,636.92
IV. Effect of foreign exchange rate
changes on cash and cash equivalents
V. Net increase in cash and cash
-3,985,733.11 5,537,819.95
equivalents
Add: Opening balance of cash and
7,628,811.81 1,338,922.68
cash equivalents
VI. Closing balance of cash and cash
3,643,078.70 6,876,742.63
equivalents
Legal representative: Chen Hongcheng Person-in-charge of the accounting work: Chen Jincai
Chief of the accounting division: Zheng Guangde
II. Audit report
Is this report audited?
□ Yes √ No
This report is not audited.
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