石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Shijiazhuang Baoshi Electronic Glass Co., Ltd.
Quarterly Report for the Third Quarter of 2011 (Full text)
§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 Third quarterly financial report of the Company is not audited .
1.3. Mr. Wang Lipeng, the director who performs relevant responsibilities of board chairman on his behalf, Mr. Wang
Lipeng, charge of accounting, and Mr.Zhou Yumao, the person in charge of financial accounting organ represent and
warrant the financial report in this Quarterly report is true and complete.
§2 Basic Information
2.1 Key accounting data and financial indicators
Unit：RMB
2011.9.30 2010.12.31 Increase /decrease（％
Total assets（RMB） 370,516,819.03 374,874,767.46 -1.16%
Owner’s equity attributable to
shareholders of the listed company 218,351,284.41 220,628,410.66 -1.03%
（RMB）
Stock capital（shares） 383,000,000.00 383,000,000.00 0.00%
Net assets per share attributable to
shareholders of the listed company 0.57 0.576 -1.04%
（yuan/shares）
Increase/decrease Increase/decrease
in the report January-Septembe in the report
July-September period compared r period compared
2011 with the same with the same
period of the last 2011 period of the last
year(%) year(%)
Total turnover(RMB) 35,810,612.23 45.11% 62,630,800.67 16.06%
Net profit attributable to
shareholders of the listed company 7,573,700.28 354.12% -2,277,126.25 84.28%
（RMB）
Net cash flow arising from operating - - -10,179,041.81 -310.28%
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
activities（RMB）
Net cash flow per share arising from
- - -0.027 370.00%
operating activities（yuan/shares）
Basic earnings per share
0.02 356.41% -0.0059 84.39%
（yuan/shares）
Diluted earnings per share
0.02 356.41% -0.0059 84.39%
（yuan/shares）
Weighted average return on equity
3.26% 337.96% -0.96% 85.43%
（%）
Weighted average Return on net
assets after deducting non-recurring 3.25% 338.97% -0.94% 85.74%
gains and losses（%）
Items of non-current gains and losses
√ applicable □ not applicable
Unit ：RMB
Non-recurring gain and loss items Amount Notes（If applicable）
Other non-business income and expenses besides the above
-52,651.51
items
Total -52,651.51 -
2.2 Top 10 shareholders and top 10 holders of unconditional shares
Unit：Shares
The Company had 20,230 registered shareholders in total, including
Total number of shareholders at the end of 12613 shareholders holding A shares and 7617 shareholders holding B
report period shares.
Top 10 holders of unconditional shares
Number of Unconditional shares
Name of the shareholder Type of shares
held at the period-end
Shijiazhuang Baoshi Electronic Group
110,785,500 RMB Common shares
Co., Ltd.
China Great Wall Asset Management
17,614,880 RMB Common shares
Corporation
China Minsheng Bank－Huashang lead
10,235,955 RMB Common shares
Enterprise Mixed Securities Investment Fund
China East Asset Management Corporation 10,010,941 RMB Common shares
Taifook Securities Company Limited-Account Foreign shares placed in domestic
3,862,994
Client exchange
Foreign shares placed in domestic
Shen Guo 2,966,855
exchange
2
石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Foreign shares placed in domestic
LI LEON ZHAN WEI 2,944,600
exchange
Guoyuan Securities Brokerage (Hongkong ) Foreign shares placed in domestic
2,776,911
Limited exchange
Foreign shares placed in domestic
Chen Suoxing 2,771,089
exchange
NATWEST SECURITIES HONG KONG Foreign shares placed in domestic
2,713,799
LIMITED 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 greatly year on year mainly due to Increase of Purchase material and payment recovery .
due to somewhat increase of demand of partial products；
2. Bills receivable Increased greatly year on year due to increase in use of bills；
3. Accounts receivable increased greatly year on year due to increase of sales and decease of payment recovery；
4. Prepayments increased greatly year on year due to much prepayment for the reconstruction of Phase-II Glass Tube Project；
5 . Advance receipt increased greatly year on year due to much advanced receipt of Xubao Company for projects；
6. Taxes and levies payable decreased greatly year on year due to the Company's payment of partial taxes and levies for the previous
year；
7. Operating profit and total profit increased greatly year on year due to increase of investment income caused by the incorporation of
Xubao Engineering Company, increase of income from house tenancy and increase of profit arising from sales of partial inventories；
8. Non-operating expense increased greatly year on year due to incurring of fine for delayed payment by delay of tax
payment；
9. Income tax increased greatly year on year due to the increase of income tax expenses caused by profit making in the third quarter；
10. Refund of taxes and levies increased greatly year on year due to increase of export volume of products；
11. Cash paid to and for staff and workers increased greatly year on year due to increase of income of staff and
workers；
12. Payment of taxes and levies increased greatly year on year due to increase of the Company's income；
13. Net amount of cash received from disposal of fixed assets, intangible assets and other long-term assets decreased greatly year on
year due to no disposal of unused fixed assets in current period；
14.Cash paid for investment decreased greatly year on year due to no Foreign investment；
15.. The cash receipt from obtaining loans increased greatly year on year due to Xubao Company's borrowing from the Group for
operation and turnover.
3.2 The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
□applicable √ not applicable
3
石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
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
Content of
Items of commitments Promisee Implementation
commitments
Promise in share holding structure
N/A N/A N/A
reform
Commitments made in Acquisition
Report or Reports on Change in N/A N/A N/A
interests
Commitments made in Material
N/A N/A N/A
assets Reorganization
Commitments made in issuing N/A N/A N/A
If plans to sell
tradable stocks of
Shijiazhuang Baoshi
Electronic Glass
Shijiazhuang Company Limited
Baoshi through the bid
Other commitments（Including:
Electronic trading system of Perform strictly
supplementary commitments） Group Co., Shenzhen Stock
Ltd. Exchange and sell
greater than 5% of
shares within six
months after the first
sales, Baoshi Group
4
石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
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 Stock 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 Particulars about derivatives investment
□applicable √ not applicable
3.6.1 Particulars about the positions of derivatives investment at the end of report period.
□applicable √ not applicable
§4 Appendix
4.1 Balance sheet
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. September 30,2011 Unit：RMB
Balance of period-end Balance of period-begin
Items
Consolidation Parent Company Consolidation Parent Company
Current assets：
Monetary funds 1,978,679.60 724,109.74 10,211,579.96 5,070,664.29
Settlement provisions
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Capital lent
Transaction finance assets
Bill receivable 1,190,020.00 1,190,020.00
Accounts receivable 10,271,270.16 7,160,630.74 4,981,279.84 3,368,199.03
Accounts in advance 6,376,691.90 3,154,748.80 2,126,128.23 687,262.23
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 30,463,003.17 17,806,955.65 25,277,592.84 16,361,345.94
Purchase restituted finance assets
Inventory 142,198,471.53 140,137,942.03 144,051,281.62 142,143,136.10
Non-Current assets within one
year
Other Current assets 58,293,867.02 293,867.02 58,293,867.02 293,867.02
Total currents assets 250,772,003.38 170,468,273.98 244,941,729.51 167,924,474.61
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 87,685,706.64 63,181,300.16 98,327,858.73 72,088,430.52
Construction in progress 699,340.08 699,340.08
Engineering material
Disposal of fixed assets
Consumable biological assets
Oil and gas assets
Intangible assets 11,580,109.39 11,580,109.39 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 119,744,815.65 164,409,716.13 129,933,037.95 172,862,916.70
Total assets 370,516,819.03 334,877,990.11 374,874,767.46 340,787,391.31
Current liabilities：
Short-term loans
Loan form central bank
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Bill payable
Accounts payable 13,255,357.46 10,358,157.05 14,633,283.17 10,932,484.29
Accounts received in advance 12,689,178.89 10,874,178.89 9,227,402.63 9,227,402.63
Selling financial assets of
repurchase
Commission charge and
commission payable
Wage payable 5,193,958.22 5,154,529.16 4,477,561.33 4,438,132.27
Taxes payable 345,436.17 1,987,777.24 1,699,764.65 1,102,144.85
Interest payable
Dividend payable
Other accounts payable 36,569,792.48 104,825,715.64 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 66,227,000.00 66,227,000.00
Total current liabilities 134,280,723.22 133,200,357.98 136,244,822.71 136,974,805.45
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 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 134,405,723.22 133,325,357.98 136,369,822.71 137,099,805.45
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 387,380,227.13 358,047,576.01 387,380,227.13 358,047,576.01
Less：Inventory shares
Special reserve
Surplus reserves 27,454,788.05 32,204,150.60 27,454,788.05 32,204,150.60
Common risk provision
Undistributed profit -579,483,730.77 -571,699,094.48 -577,206,604.52 -569,564,140.75
Different of foreign currency
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
translation
Total of owner’s equity belong to
218,351,284.41 201,552,632.13 220,628,410.66 203,687,585.86
the parent company
Minor shareholders’ equity 17,759,811.40 17,876,534.09
Total of owners’ equity 236,111,095.81 201,552,632.13 238,504,944.75 203,687,585.86
Total of liabilities and owners’
370,516,819.03 334,877,990.11 374,874,767.46 340,787,391.31
equity
4.2 Profit statement of the report period
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. July-September 2011 Unit：RMB
This period Same period of last year
Items
Consolidation Parent Company Consolidation Parent Company
I. Total operating income 35,810,612.23 32,037,698.93 24,677,545.13 23,874,913.13
Including：Operating income 35,810,612.23 32,037,698.93 24,677,545.13 23,874,913.13
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 27,988,178.21 25,075,237.16 27,644,431.29 26,773,059.64
Including：operating cost 18,485,149.17 16,579,521.13 21,853,521.67 21,712,258.44
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 724,051.27 672,156.23 224,414.52 224,414.52
Sales expenses 213,649.90 213,649.90 540,020.69 540,020.69
Administration expenses 8,530,065.19 7,571,715.60 4,795,099.69 4,235,777.70
Financial expenses 38,762.68 41,694.30 231,374.72 60,588.29
Losses of devaluation of assets -3,500.00 -3,500.00
Add：changing income of fair
value
Investment income
Including：Investment income on
affiliated company and joint
venture
Exchange income
III.Operating profit 7,822,434.02 6,962,461.77 -2,966,886.16 -2,898,146.51
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Add：non-operating income 17,246.00 17,246.00
less：non-operating expense 7,151.91 7,151.91
Including：disposal loss of
non-current assets
IV. Total profit 7,839,680.02 6,979,707.77 -2,974,038.07 -2,905,298.42
Less：expense of income tax 126,180.72 19,211.84 19,211.84
V. Net profit 7,713,499.30 6,979,707.77 -2,993,249.91 -2,924,510.26
Net profit attributable to
owner’s equity of parent 7,573,700.28 6,979,707.77 -2,980,368.10 -2,924,510.26
company
Minority shareholders’ gains
139,799.02 -12,881.81
and losses
VI. Earnings per share
（i）Basic earnings per share 0.02 -0.0078 -0.00764
（ii）Diluted earnings per share 0.02 -0.0078 -0.00764
VII. Other composite income
VIII. Total composite income 7,713,499.30 6,979,707.77 -2,993,249.91 -2,924,510.26
Total comprehensive income
attributable to owners of parent 7,573,700.28 6,979,707.77 -2,980,368.10 -2,924,510.26
Company
Total comprehensive income
attributable to minority 139,799.02 -12,881.81
shareholders
The merging party realized net profit of RMB 0.00 before consolidation under same control in this period.
4.3 Profit statement from Year-begin to period-end
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. January-September 2011 Unit：RMB
Report period Same period of the previous year
Items
Consolidated Parent company Consolidated Parent company
I. Total operating income 62,630,800.67 54,750,693.65 53,962,407.66 53,159,775.66
Including：Operating income 62,630,800.67 54,750,693.65 53,962,407.66 53,159,775.66
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 64,784,767.70 56,832,996.34 68,776,113.27 66,218,703.53
including：operating cost 48,130,452.41 43,117,746.19 55,096,638.50 54,955,375.27
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of
insurance contract reserve
9
石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 1,144,067.28 990,014.41 300,919.47 300,919.47
Sales expenses 572,748.95 572,748.95 1,289,286.63 1,289,286.63
Administration expenses 14,874,245.63 12,076,557.50 11,464,658.31 9,561,415.09
Financial expenses 66,753.43 79,429.29 624,610.36 111,707.07
Losses of devaluation of assets -3,500.00 -3,500.00
Add：changing income of fair
value
Investment income
Including：Investment income on
affiliated company and joint
venture
Exchange income
III. Operating profit -2,153,967.03 -2,082,302.69 -14,813,705.61 -13,058,927.87
Add：non-operating income 65,750.90 65,750.90 27,888.90 27,888.90
less：non-operating expense 118,402.41 118,401.94 7,197.81 7,197.81
Including：disposal loss of
non-current assets
IV. Total profit -2,206,618.54 -2,134,953.73 -14,793,014.52 -13,038,236.78
Less：expense of income tax 187,230.40 19,211.84 19,211.84
V. Net profit -2,393,848.94 -2,134,953.73 -14,812,226.36 -13,057,448.62
Net profit attributable to
owner’s equity of parent -2,277,126.25 -2,134,953.73 -14,483,381.01 -13,057,448.62
company
Minority shareholders’ gains
-116,722.69 -328,845.35
and losses
VI. Earnings per share
（i）basic earnings per share -0.0059 -0.00557 -0.0378 -0.03409
（ii）Diluted earnings per share -0.0059 -0.0378 -0.03409
VII. Other composite income
VIII. Total composite income -2,393,848.94 -2,134,953.73 -14,812,226.36 -13,057,448.62
Total comprehensive income
attributable to owners of parent -2,277,126.25 -2,134,953.73 -14,483,381.01 -13,057,448.62
Company
Total comprehensive income
attributable to minority -116,722.69 -328,845.35
shareholders
The merging party realized net profit of RMB 0.00 before consolidation under same control that occurred from
year-begin to end of this period.
4.4 Cash Flow Statement from Year-begin to period-end
Prepared by Shijiazhuang Baoshi Electronic Glass Co., Ltd. January – September 2011
Unit RMB
Items Report period Same period of the previous year
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Consolidated Parent company Consolidated Parent company
I. Cash flows arising form
operating activities:
Cash received from selling
commodities and providing labor 69,521,695.04 63,229,901.39 70,232,539.79 70,232,539.79
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 44,737.07 44,737.07 7,947.48 7,947.48
Other cash received
3,462,906.95 687,718.05 4,250,940.72 3,734,805.28
concerning operating activities
Subtotal of cash inflow 73,029,339.06 63,962,356.51 74,491,427.99 73,975,292.55
Cash paid for purchasing
commodities and receiving labor 59,191,461.71 50,215,220.58 51,125,969.66 51,125,969.66
service
Net increase of customer loans
and advances
Net increase of deposits in
central bank and interbank
Cash paid for original
insurance contract compensation
Cash paid for interest,
commission charge and
commission
Cash paid for bonus of
guarantee slip
Cash paid to/for staff and worker 12,363,356.78 12,196,236.82 9,239,780.19 9,239,780.19
Taxes paid 7,613,387.28 4,612,412.76 5,302,234.88 4,781,581.88
Other cash paid concerning
4,040,175.10 1,281,793.04 3,982,843.80 3,980,853.80
operating activities
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Subtotal of cash outflow 83,208,380.87 68,305,663.20 69,650,828.53 69,128,185.53
Net cash flows arising form
-10,179,041.81 -4,343,306.69 4,840,599.46 4,847,107.02
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 30,294.12 30,294.12
other long-term assets
Net cash received from
disposal of subsidiaries and other
units
Other cash received
concerning investing activities
Subtotal of sash inflow 30,294.12 30,294.12
Cash paid for purchasing fixed,
intangible and other long-term 53,858.55 3,247.86 37,803.42 37,803.42
assets
Cash paid for investment 8,000,000.00 8,000,000.00
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow 53,858.55 3,247.86 8,037,803.42 8,037,803.42
Net cash flows arising from
-53,858.55 -3,247.86 -8,007,509.30 -8,007,509.30
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 2,000,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow 2,000,000.00
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
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石家庄宝石电子玻璃股份有限公司 2011 年第三季度季度报告全文
Subtotal of cash outflow
Net cash flows arising from
2,000,000.00
financing activities
IV. Influence on cash due to
fluctuation in exchange rate
V.Net increase of cash and cash
-8,232,900.36 -4,346,554.55 -3,166,909.84 -3,160,402.28
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
1,978,679.60 724,109.74 1,719,870.05 1,560,096.59
equivalents at the period-end.
4.5 Auditor’ s Report
Auditor’s opinions：Not audited
Shijiazhuang Baoshi Electronic Glass Co., Ltd.
The Company's person-in -charge: Wang Lipeng
(The performs relevant responsibilities of board chairman on his behalf)
October 28,2011
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