石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
Shijiazhuang Baoshi Electronic Glass Co., Ltd.
The First Quarterly Report 2011
§1 Important Notes
1.1 The Board of Directors and the directors of the Company hereby warrant that there are no
misstatement, misleading representation or important omissions in this report and shall assume
joint and several liability for the authenticity, accuracy and completeness of the contents
hereof.
1.2 The First quarterly financial report of the Company is unaudited.
1.3 Principal of the Company Mr. Shang Jianbin, Charge of Accounting Works Mr. Wang Lipeng and
Charge of Accounting Institution Mr.Zhou Yumao hereby declare : we guarantee the authenticity and
completeness of the Financial Report in this quarterly report.
§2 Basic Information
2.1 Main accounting Highlights and financial indexes
Unit: RMB
Increase/decrease of the
At the end of the report end of report period than
At the end of the last year
period that of the end of the last
year(%)
Total assets 363,466,291.36 374,874,767.46 -3.04%
Owners’ equity attributable to shareholders of the
215,779,810.64 220,628,410.66 -2.20%
listed company
Share capital 383,000,000.00 383,000,000.00 0.00%
Net assets per share attributable to shareholders
0.56 0.58 -3.45%
of the listed company(RMB/share)
Amount of the same period
Amount of current period Increase /decrease（％）
in last year
Total turnover(RMB) 10,827,264.91 25,839,031.02 -20.21%
Net profit attributable to owners of parent
-6,584,991.53 330,462.73 -2,092.66%
company(RMB)
Net cash flow arising from operating
-4,940,968.35 -12,276,919.32 -147.65%
activities(RMB)
Net cash flow per share arising from operating
-0.0129 0.027 -147.78%
activities(RMB/share)
Basic earnings per share(RMB/share) -0.0172 0.0009 -2,011.11%
Diluted earnings per share(RMB/share) -0.0172 0.0009 -2,011.11%
Weighted average return on equity（%） -2.79% 0.12% -2.91%
Weighted average return on equity after
-2.79% 0.12% -2.91%
deducting non-recurring gains and losses（%）
Items of non-current gains and losses
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
√ applicable □ not applicable
Unit：RMB
Non-recurring gain and loss items Amount Notes（If applicable）
Net amount of non-operating income and expense except the aforesaid
-8,415.42
items
Total -8,415.42 -
2.2 Top 10 shareholders and top 10 holders of unconditional shares
Unit：Shares
At the end of the report period ,The Company had 23240 registered
Total number of shareholders at the end of report
period
shareholders in total, including 15213 shareholders holding A shares
and 8027 shareholders holding B shares.
Particulars about the shares held by the top ten tradable shareholders with unrestricted conditions
Amount of tradable shares with
Full name of shareholder unrestricted conditions held at the end of Type of shares
report period
Shijiazhuang Baoshi Electronic Group Co., Ltd. 110,785,500 RMB common share
China Great Wall Asset Management
17,614,880 RMB common share
Corporation
China East Asset Management Corporation 10,010,941 RMB common share
China Minsheng Bank－Huashang lead
7,816,600 RMB common share
Enterprise Mixed Securities Investment Fund
Agricultural Bank of China－China post Flexible
3,700,000 RMB common share
configuration Mixed Securities investment fund
Guoyuan Securities Brokerage (Hongkong ) Foreign shares placed in domestic
3,137,451
Limited exchange
Foreign shares placed in domestic
Shen Guo 2,971,255
exchange
Foreign shares placed in domestic
LI LEON ZHAN WEI 2,950,200
exchange
Foreign shares placed in domestic
Chen Suxing 2,716,790
exchange
Foreign shares placed in domestic
Chen Qianfen 2,434,800
exchange
§3 Significant Events
3.1 Particular about large-margin change of main accounting statement item and financial index and its
reason.
√ Applicable □ Not applicable
1. Monetary capital decreased sharply over the beginning of the year mainly due to decrease of collection.
2. Bills receivable increased sharply over the beginning of the year mainly due to increase of acceptance bills received for payment
for goods.
3. Selling expenses decreased sharply year on year mainly due to decrease of selling expenses of Phase-II Glass Tube Project.
4. Administrative expenses increased sharply year on year mainly due to establishment of Electronic Equipment Dept. and Xubao
Company and sharp increase of administrative expenses of Component Branch Factory.
5. Financial expenses decreased sharply year on year mainly due to decrease of interest income.
6. Taxes and levies payable decreased sharply over the beginning of the year mainly due to the input VAT without deduction amount
got increased in current period.
7. Cash received from sales of goods and rendering of services decreased sharply year on year mainly due to sharp decrease of sales
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
and payment recovery.
8. Cash paid for goods and services decreased sharply year on year mainly due to market depression and decrease of purchased
materials.
9. Refund of taxes and levies increased sharply year on year mainly due to increase of quantity of export products.
10. Other cash receipt related to operating activities decreased sharply year on year mainly due to decrease of business operation.
11. Other cash payment related to operating activities decreased sharply year on year mainly due to decrease of business operation.
3.2 The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
□Applicable √Not applicable
3.2.1 Non-standard Opinion
□Applicable √Not applicable
3.2.2 The Company provided funds to its controlling shareholder or related parties and provided guarantees in
violation of established procedures.
□applicable √ not applicable
3.2.3 Signing and performance of significant contracts for daily operation
□applicable √ not applicable
3.2.4 Other
□applicable √ not applicable
3.3 The fulfillment of the commitment made by the Company , shareholders and the actual controller
Commitments made by the listed company and its directors, supervisors, senior executives, the shareholders with
holding above 5% shares and its actual controller in the report period, or lasting until the report period.
√ Applicable □ Not applicable
Items of commitments Promisee Content of commitments Implementation
Commitment of Share conditional
N/A N/A N/A
subscription
Commitments made in Acquisition Report
or Reports on Change in interests
N/A N/A N/A
Commitments made in Material assets
Reorganization
N/A N/A N/A
Commitments made in issuing N/A N/A N/A
Commitments made on
July 23，2009 ： If
Baoshi Group plans to
sell tradable stocks of
Shijiazhuang Baoshi
Shijiazhuang Electronic Glass
Other commitments（Including:
Baoshi Electronic Company Limited Perform strictly
supplementary commitments） Group Co., Ltd. through the bid trading
system of Shenzhen
Stock Exchange and sell
greater than 5% of shares
within six months after
the first sales, Baoshi
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
Group will disclose the
contents specified by the
Form Guide to Prompt
Announcement of
Removing Restriction on
Sales of Non-tradable
Stocks of Listed
Companies through the
prompt announcement of
disclosing sales of listed
companies.
3.4 Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□applicable √ not applicable
3.5 Other significant events need to be explained
3.5.1 Securities investment
□applicable √ not applicable
3.5.2 Reception of investigations, communications ,or interviews company held in the report period.
In the report period, the company did not accept investigations, communications ,or interviews .
3.6 Derivative Investment
□applicable √ not applicable
3.6.1 Particulars about derivatives investment held at the end of report period
□applicable √ not applicable
§4 Appendix
4.1 Balance sheet
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. March 31,2011 Unit：RMB
Year-end balance
Year-beginning balance
Items
Consolidated Parent company Consolidated Parent company
Current assets：
Monetary funds 5,254,411.61 538,110.88 10,211,579.96 5,070,664.29
Settlement provisions
Capital lent
Transaction finance assets
Bill receivable 351,503.96 351,503.96
Accounts receivable 5,147,457.01 3,951,412.99 4,981,279.84 3,368,199.03
Accounts in advance 1,889,524.61 624,251.61 2,126,128.23 687,262.23
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 16,819,804.08 7,191,627.45 25,277,592.84 16,361,345.94
Purchase restituted finance
assets
Inventory 149,677,870.96 148,760,803.55 144,051,281.62 142,143,136.10
Non-Current assets within one
year
Other Current assets 58,294,332.65 294,332.65 58,293,867.02 293,867.02
Total currents assets 237,434,904.88 161,712,043.09 244,941,729.51 167,924,474.61
Non-current assets
Granted loans and advances
Finance assets available sales
Held-to maturity securities
Long-term account receivable
Long-term equity investment 150,000.00 69,319,306.96 150,000.00 69,319,306.96
Investment property
Fixed assets 94,508,010.69 68,842,795.68 98,327,858.73 72,088,430.52
Construction in progress
Engineering material
Disposal of fixed assets
Consumable biological assets
Oil and gas assets
Intangible assets 11,743,716.25 11,743,716.25 11,825,519.68 11,825,519.68
Expense on research and
development
Goodwill
Long-term expenses to be
7,664,359.26 7,664,359.26 7,664,359.26 7,664,359.26
apportioned
Deferred income tax assets 11,965,300.28 11,965,300.28 11,965,300.28 11,965,300.28
Other non-current assets
Total non-current assets 126,031,386.48 169,535,478.43 129,933,037.95 172,862,916.70
Total assets 363,466,291.36 331,247,521.52 374,874,767.46 340,787,391.31
Current liabilities：
Short-term loans
Loan form central bank
Absorbing deposit and
interbank deposit
Capital borrowed
Transaction financial liabilities
Bill payable 39,999.90
Accounts payable 14,635,752.18 11,426,558.67 14,633,283.17 10,932,484.29
Accounts received in advance 9,980,818.13 9,334,011.53 9,227,402.63 9,227,402.63
Selling financial assets of
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
repurchase
Commission charge and
commission payable
Wage payable 5,382,807.94 5,343,378.88 4,477,561.33 4,438,132.27
Taxes payable -943,707.57 -685,146.65 1,699,764.65 1,102,144.85
Interest payable
Dividend payable
Other accounts payable 32,739,416.59 105,171,143.41 39,979,810.93 111,274,641.41
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Long-term liabilities due
within1 year
Other current liabilities 68,282,000.00 66,227,000.00
Total current liabilities 130,117,087.17 130,589,945.84 136,244,822.71 136,974,805.45
Non-current liabilities：
Long-term loans
Bonds payable
Long-term accounts payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Deferred income 125,000.00 125,000.00 125,000.00 125,000.00
Total non-current liabilities 125,000.00 125,000.00 125,000.00 125,000.00
Total liabilities 130,242,087.17 130,714,945.84 136,369,822.71 137,099,805.45
Owner’s equity(or shareholder’s
equity)：
Share capital 383,000,000.00 383,000,000.00 383,000,000.00 383,000,000.00
Capital public reserve 385,190,502.99 355,857,851.87 387,380,227.13 358,047,576.01
Less：Inventory shares
Special Reserve
Surplus public reserve 27,454,788.05 32,204,150.60 27,454,788.05 32,204,150.60
Provision of general risk
Retained profit -579,865,480.40 -570,529,426.79 -577,206,604.52 -569,564,140.75
Balance difference of foreign
currency translation
Total owner’s equity attributable
215,779,810.64 200,532,575.68 220,628,410.66 203,687,585.86
to parent company
Minority interests 17,444,393.55 17,876,534.09
Total owner’s equity 233,224,204.19 200,532,575.68 238,504,944.75 203,687,585.86
Total liabilities and owner’s
363,466,291.36 331,247,521.52 374,874,767.46 340,787,391.31
equity
4.2 Profit statement
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. January –March 2011 Unit：RMB
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
This period Same period of last year
Items
Consolidation Parent Company Consolidation Parent Company
I. Total operating income 10,827,264.91 9,963,253.78 13,569,457.92 13,569,457.92
Including：Operating income 10,827,264.91 9,963,253.78 13,569,457.92 13,569,457.92
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 17,537,768.03 16,017,932.25 20,057,826.24 19,131,090.24
including：operating cost 11,987,167.87 11,488,376.16 16,055,048.74 16,055,048.74
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
Operating tax and extras 43,169.28 27,748.41 28,554.08 28,554.08
Sales expenses 198,287.25 198,287.25 436,555.78 436,555.78
Administration expenses 5,304,682.18 4,291,035.62 3,355,724.05 2,600,447.25
Financial expenses 4,461.45 12,484.81 181,943.59 10,484.39
Losses of devaluation of
assets
Add：changing income of fair
value
Investment income
Including：Investment income on
affiliated company and joint
venture
Exchange income
III.Operating profit -6,710,503.12 -6,054,678.47 -6,488,368.32 -5,561,632.32
Add：non-operating income 32,522.80 32,522.80
less：non-operating expense 40,938.69 40,938.22
Including：disposal loss of
non-current assets
IV. Total profit -6,718,919.01 -6,063,093.89 -6,488,368.32 -5,561,632.32
Less：expense of income tax 9,382.81
V. Net profit -6,728,301.82 -6,063,093.89 -6,488,368.32 -5,561,632.32
Net profit attributable to owner’s
-6,584,991.53 -6,063,093.89 -6,314,697.99 -5,561,632.32
equity of parent company
Minority shareholders’ gains
-143,310.29 -173,670.33
and losses
VI. Earnings per share
（i）basic earnings per share -0.0172 -0.0172 -0.0165 -0.0145
（ii）Diluted earnings per
-0.0172 -0.0172 -0.0165 -0.0145
share
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
VII. Other comprehensive income
VIII. Total comprehensive income -6,728,301.82 -6,063,093.89 -6,488,368.32 -5,561,632.32
Total comprehensive income
attributable to the owner of the -6,584,991.53 -6,063,093.89 -6,314,697.99 -5,561,632.32
parent company
Total comprehensive income
-143,310.29 -173,670.33
attributable minority shareholders
For the enterprises under the same control consolidated in the report period, the net profit realized by the consolidate before the
consolidation is RMB 0.00.
4.3 Cash Flow Statement
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. January –March 2011 Unit：RMB
This period Same period of last year
Items
Consolidation Parent Company Consolidation Parent Company
I. Cash flows arising form
operating activities:
Cash received from selling
commodities and providing labor 34,429,116.76 30,827,901.40 4,695,104.04 4,695,104.04
services
Net increase of customer
deposit and interbank deposit
Net increase of loan form
central bank
Net increase of capital
borrowed from other financial
institution
Cash received from original
insurance contract fee
Net cash received from
reinsurance business
Insured savings and net
increase of investment
Net increase of disposal of
transaction financial assets
Cash received form interest,
commission charge and
commission
Net increase of capital
borrowed
Net increase of returned
business capital
Write-back of tax received 8,965.47 8,965.47 867.61 867.61
Other cash received
573,979.85 189,391.59 1,718,268.52 1,508,224.81
concerning operating activities
Subtotal of cash inflow 35,012,062.08 31,026,258.46 6,414,240.17 6,204,196.46
Cash paid for purchasing
commodities and receiving labor 31,429,044.71 29,366,104.46 3,431,713.90 3,431,713.90
service
Net increase of customer
loans and advances
Net increase of deposits in
central bank and interbank
Cash paid for original
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
insurance contract compensation
Cash paid for interest,
commission charge and
commission
Cash paid for bonus of
guarantee slip
Cash paid to/for staff and
4,028,089.44 3,874,725.28 2,734,645.67 2,734,645.67
worker
Taxes paid 2,554,419.43 2,105,148.99 1,117,620.24 904,462.84
Other cash paid concerning
1,941,476.85 212,833.14 731,644.14 730,444.14
operating activities
Subtotal of cash outflow 39,953,030.43 35,558,811.87 8,015,623.95 7,801,266.55
Net cash flows arising form
-4,940,968.35 -4,532,553.41 -1,601,383.78 -1,597,070.09
operating activities
II. Cash flows arising form
investing activities
Cash received form recovering
investment
Cash received form investment
income
Net cash received form disposal
of fixed , intangible and
other long-term assets
Net cash received from disposal
of subsidiaries and other
units
Other cash received concerning
investing activities
Subtotal of sash inflow
Cash paid for purchasing
fixed, intangible and other 16,200.00 0.00
long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow 16,200.00 0.00
Net cash flows arising from
-16,200.00 0.00
investing activities
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
Cash received from issuing
bonds
Other cash received
concerning financing activities
Subtotal of cash inflow
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石家庄宝石电子玻璃股份有限公司 2011 年第一季度季度报告全文
Cash paid form settling debts
Cash paid for dividend and
profit distributing or interest
paying
including：Dividend and profit
of minority shareholder paid by
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow
Net cash flows arising from
financing activities
IV. Influence on cash due to
fluctuation in exchange rate
V.Net increase of cash and cash
-4,957,168.35 -4,532,553.41 -1,601,383.78 -1,597,070.09
equivalents
Add：Balance of cash and cash
10,211,579.96 5,070,664.29 4,886,779.89 4,720,498.87
equivalents at the period -begin
VI. balance of cash and cash
5,254,411.61 538,110.88 3,285,396.11 3,123,428.78
equivalents at the period-end.
4.4 Auditor’ report
Auditor’s opinions: Not audited
Board Chairman:Shang Jianbin
Shijiazhuang Baoshi Electronic Glass Co., Ltd.
April 26,2011
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