Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Tunghsu Optoelectronic Technology Co., Ltd.
The Third Quarterly Report 2019
October 2019
1
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
I. Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees 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.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Wang Lipeng, Person in charge of the Company, Ms.Feng Qiuju , Person in charge of accounting works,
Mr.Wang Cang , Chief of the accounting organ (chief of accounting ) hereby confirm the authenticity and
completeness of the financial report enclosed in this report.
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
II. Basic information about the company
I.Main financial data and financial index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
√Yes □No
Reasons for retrospective restatements:
Accounting policy change
Changed （%）over
As at the end of the As at the end of last year
end of prev. year
reporting period
Before adjustment After adjustment After adjustment
Gross assets（Yuan） 72,440,407,897.85 72,576,122,859.60 72,576,122,859.60 -0.19%
Net assets attributable to the
shareholders of the listed company 33,282,397,733.05 32,521,130,925.14 32,521,130,925.14 2.34%
（Yuan）
Increase/decrease over Between beginning of
Changed （%）over
Reporting period the same period of last the year to the end of
end of prev. year
year（%） the report period
Operating revenue（Yuan） 4,091,106,986.20 -33.30% 12,566,196,209.13 -27.21%
Net profit attributable to the
shareholders of the listed company 290,704,217.37 -36.37% 1,134,880,387.35 -13.71%
（Yuan）
Net profit after deducting of
non-recurring gain/loss attributable
183,931,159.91 -58.26% 962,026,486.57 -23.16%
to the shareholders of listed
company（Yuan）
Net cash generated from /used in
-- -- 127,114,559.45 124.66%
operating activities（Yuan）
Basic earning per
0.05 -37.50% 0.20 -13.04%
share(Yuan/Share)
Diluted gains per
0.05 -37.50% 0.20 -13.04%
share(Yuan/Share)
Weighted average return on
0.88% -39.31% 3.45% -17.66%
equity（%）
The Reason of the Change of the Accounting Policy and the Correction of the Accounting Error
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RM B
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Amount (Year-beginning to
Items Notes
the end of the report period.)
Non-current asset disposal gain/loss(including the write-off part
147,664,236.12
for which assets impairment provision is made)
Govemment subsidy recognized in current gain and
loss(excluding those closely related to the Company’s business 107,995,116.58
and granted under the state’s policies)
Gain/loss on loans obtained by entrusting others 246,200.42
Other non-operating income and expenditure beside for the above
4,745,332.46
items
Less: Influenced amount of income tax 74,860,960.41
Amount of influence of minority interests（After tax） 12,936,024.39
Total 172,853,900.78 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public -Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public -non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered
and the Shares Held by Top Ten Common Shareholders
In shares
377,080( Including 360,087
Total preference shareholders
shareholders holding A
Total number of common shareholders at the with the voting power
shares and 16,993 0
period-end recovered at the end of the
shareholders holding B
reporting period(if any)
shares)
Shares held by the top 10 shareholders
Amount of Pledging or freezing
tradable shares
Properties of Share
Shareholder name Quantity with Status of the
shareholder proportion % Quantity
Conditional shares
held
Domestic Non
Tunghsu Group Co., Ltd. -State-owned legal 15.97% 915,064,091 352,006,791 Pledge 799,643,042
person
Shijiazhuang Baoshi Domestic Non
Electronic Group Co., -State-owned legal 5.80% 332,382,171 Pledge 153,520,000
Ltd. person
Shanghai Huimao Domestic Non
Enterprise M anagement -State-owned legal 4.58% 262,626,262 262,626,262 Pledge 80,000,000
Co., Ltd. person
Beixin Ruifeng Fund－
China M erchants Bank－
Daye Trust－Daye Other 1.08% 62,095,032
TrustProfit increase 3
single fund plan
Shenzhen Taianer Domestic Non
Information Technology -State-owned legal 1.07% 61,165,682 Pledge 55,265,682
Co., Ltd. person
Hong Kong Securities Overseas Legal
0.94% 53,932,469
Clearing Co., Ltd. person
M insheng Royal Fund
M anagement Co., Ltd－ Domestic Non
-Ping An Bank-Daye -State-owned legal 0.85% 48,663,412
TrustZengli 2 single person
Fund Trust
Kunshan Development State-owned legal
Zone State-Owned person
0.73% 41,838,269
Investment Holding Co.,
Ltd.
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Tunghsu Optoelectronic
Technology Co., Ltd.－ Other 0.63% 36,319,731
The first ESOP
Domestic Non
China Securities Finance
-State-owned legal 0.54% 30,906,112
Co., Ltd.
person
Shares held by the Top 10 Shareholders of Non-restricted shares
Share type
Shareholders’ Names Number of the non-restricted shares held
Share type Quantity
RM B
Tunghsu Group Co., Ltd. 563,057,300 Common 563,057,300
shares
RM B
Shijiazhuang Baoshi Electronic Group Co.,
332,382,171 Common 332,382,171
Ltd.
shares
Beixin Ruifeng Fund－China M erchants Bank RM B
－Daye Trust－Daye TrustProfit increase 3 62,095,032 Common 62,095,032
single fund plan shares
RM B
Shenzhen Taianer Information Technology Co.,
61,165,682 Common 61,165,682
Ltd.
shares
RM B
Hong Kong Securities Clearing Co., Ltd. 53,932,469 Common 53,932,469
shares
M insheng Royal Fund M anagement Co., Ltd－ RM B
-Ping An Bank-Daye TrustZengli 2 single 48,663,412 Common 48,663,412
Fund Trust shares
Kunshan Development Zone State-Owned RM B
Investment Holding Co., Ltd. 41,838,269 Common 41,838,269
shares
RM B
Tunghsu Optoelectronic Technology Co., Ltd.
36,319,731 Common 36,319,731
－The first ESOP
shares
RM B
China Securities Finance Co., Ltd. 30,906,112 Common 30,906,112
shares
RM B
Pingan Bank Co., Ltd.-China stock 800 trading
24,381,300 Common 24,381,300
open index securities investment fund
shares
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Among the top ten shareholders , Tunghsu Group and, Baoshi Group have
relationship and constitute persons taking concerted action. The company does not
Explanation on shareholders participating in
know whether there is relationship between other 8 shareholders or whether they
the margin trading business
are persons taking concerted action defined in Administrative M easures Relating
to Acquisitions of Listed Companies
Participation of top 10 unconditional common
share shareholders in securities margin trading Not applicable
(if any)
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 number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of
the report period
□ Applicable √Not applicable
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
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
√ Applicable □ Not applicable
No Items Ending balance Opening balance Changes Remarks on the change
Inventories increased by 47.65%,
which’s mainly due to the stock for the
completion of the follow-up orders and
1 Inventories 5,183,647,890.84 3,510,786,666.85 47.65%
the increase in the outstanding unsettled
assets of the construction business
segment.
The main reason is that the increase of
Long-term account
2 553,235,076.74 344,430,815.68 60.62% installment business leads to the
receivable
increase of long-term receivables.
Long-term account M ainly due to the decrease in the
3 1,552,195,921.05 2,644,309,592.95 -41.30%
payable balance of finance lease loans
Year-beginning to
S ame period of last
No Items the end of the report Changes Remarks on the change
year
period
M ainly due to that the Company
optimized the product structure and
1 Revenue 12,566,196,209.13 17,263,567,779.22 -27.21%
concentrated the resources to strengthen
the quality product development.
M ainly due to corresponding changes in
2 Operating costs 9,911,799,916.26 14,026,126,902.57 -29.33%
business income
M ainly due to the increased sales
3 Sales expense 257,054,949.35 179,353,037.49 43.32%
promotion
M ainly due to the increase in
4 Other income 391,804,098.83 155,240,877.89 152.38%
government grant
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
□ Applicable √ Not applicable
Progress in the implementation of share repurchase
□ Applicable √ Not applicable
Progress in the implementation of the reduction of the repurchased shares by means of centralized bidding
□ Applicable √ Not applicable
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
□ Applicable √Not applicable
The company has no commitments completed in period and those without completed till lend of the period from
actual controller, shareholders, related parties, purchaser and companies.
IV. Investment in securities
√ Applicable □Not applicable
In RM B
Book
Book
value
Cumulat Purchas value
M ode of balance Changes Sale
ive fair e Gain/los balance
Stock Initial accounti at the in fair amount Account Source
Security Security value amount s of the at the
Abbrevi investm ng beginni value of in the ing of the
category code changes in the reportin end of
ation: ent cost measure ng of the this this items shares
in this g period the
ment the period period
equity period reportin
reportin
g period
g period
Transac
3,000,0 3,000,0 3,000,0 9,945.6 Self
Bonds 204004 GC004 FVM 0.00 0.00 0.00 0.00 tional
00.00 00.00 00.00 1 funds
financia
3,000,0 3,000,0 3,000,0 9,945.6
Total -- 0.00 0.00 0.00 0.00 -- --
00.00 00.00 00.00 1
Disclosure date for the
notice of approval by the
Board (If any)
Disclosure date for the
notice of approval by
shareholders’ M eeting (If
any)
V. Entrusted Financial Management
□ Applicable √Not applicable
There is no Entrusted Financial Management during the report period.
VI. Investment in derivatives
□ Applicable √Not applicable
There is no derivative investment during the report period.
VII. The registration form of acceptance of investigation, communication and interview in the report
period for future reference
√ Applicable □Not applicable
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Reception time Way of reception Types of visitors Basic index
Details can be found in the Record Chart of the
M ay 31,2019 Onsite investigation Organization Investor Relation Activity disclosed on Juchao
website(www.cninfo.com.cn) on 31 M ay 2019.
Details can be found in the Record Chart of the
Investor Relation Activity disclosed on Juchao
September 16,2019 Onsite investigation Organization
website(www.cninfo.com.cn) on 16 September
2019.
January 1,2019 --
By phone Individual Company telephone records
September30,2019
VIII. External guarantee get out of line
□ Applicable √Not applicable
The Company has no external guarantee get out of the line in the Period
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable √Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period
IV. Financial State ment
I. Financial statement
1. Consolidated balance sheet
Prepared by：Tunghsu Optoelectronic Technology Co., Ltd.
September 30,2019
In RM B
Items September 30,2019 December 31,2018
Current asset：
Cash and bank balances 18,316,331,896.27 19,807,094,397.16
Settlement provision
Outgoing call loan
Transactional financial assets
Financial assets measured at fair
value with variations accounted into
10
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
current income account
Derivative financial assets
Notes receivable 254,982,458.07 499,781,503.17
Account receivable 11,801,072,939.48 14,352,781,895.39
Financing of receivables
Prepayments 6,149,290,112.13 5,215,414,219.51
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts
receivable
Other account receivable 1,821,457,689.85 1,125,991,020.55
Including：Interest receivable 143,850,518.91 56,811,961.67
Dividend receivable
Repurchasing of financial assets
Inventories 5,183,647,890.84 3,510,786,666.85
Contract assets
Assets held for sales 119,355,435.58 119,355,435.58
Non-current asset due within 1 year
Other current asset 842,775,602.57 809,360,778.49
Total of current assets 44,488,914,024.79 45,440,565,916.70
Non-current assets：
Loans and payment on other’s behalf
disbursed
Debt investment
Available for sale of financial assets 243,158,605.30
Other investment on bonds
Expired investment in possess
Long-term receivable 553,235,076.74 344,430,815.68
Long term share equity investment 2,220,130,837.05 2,174,347,969.22
Other equity instruments investment
Other non-current financial assets 548,158,605.30
Property investment 703,253,374.12 686,993,881.02
Fixed assets 9,512,734,799.30 9,634,463,323.77
Construction in progress 4,956,647,559.30 5,013,941,980.61
Production physical assets
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Oil & gas assets
Use right assets
Intangible assets 1,071,918,499.27 1,146,949,745.14
Development expenses 40,072,802.72 37,122,235.94
Goodwill 2,702,403,019.28 2,835,672,586.90
Long-germ expenses to be amortized 22,903,926.50 21,884,204.82
Deferred income tax asset 529,157,272.82 533,094,627.68
Other non-current asset 5,090,878,100.66 4,463,496,966.82
Total of non-current assets 27,951,493,873.06 27,135,556,942.90
Total of assets 72,440,407,897.85 72,576,122,859.60
Current liabilities
Short-term loans 10,129,150,000.00 8,361,106,651.33
Loan from Central Bank
Borrowing funds
Transactional financial liabilities
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Notes payable 1,245,105,499.95 1,643,167,026.68
Account payable 7,169,816,748.49 8,632,927,106.20
Advance receipts 1,640,093,367.18 1,402,283,662.37
Contract Liabilities
Selling of repurchased financial assets
Deposit taking and interbank deposit
Entrusted trading of securities
Entrusted selling of securities
Employees’ wage payable 147,644,202.06 238,146,977.17
Tax payable 374,808,968.47 817,173,127.12
Other account payable 2,627,744,791.21 2,089,603,676.60
Including：Interest payable 283,661,586.73 117,554,951.58
Dividend payable 89,544,942.34
Fees and commissions payable
Reinsurance fee payable
Liabilities held for sales
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Non-current liability due within 1 year 3,238,184,894.19 3,697,392,864.91
Other current liability 473,494,228.58 315,193,128.73
Total of current liability 27,046,042,700.13 27,196,994,221.11
Non-current liabilities：
Reserve fund for insurance contracts
Long-term loan 2,953,742,673.95 2,741,589,600.00
Bond payable 5,283,889,315.84 5,630,818,825.32
Including：preferred stock
Sustainable debt
Lease liability
Long-term payable 1,552,195,921.05 2,644,309,592.95
Long-term remuneration payable to
staff
Expected liabilities 92,169,224.93 99,765,750.04
Deferred income 670,373,925.18 676,146,399.31
Deferred income tax liability 53,646,602.58 55,192,983.97
Other non-current liabilities 508,000,000.00 108,000,000.00
Total non-current liabilities 11,114,017,663.53 11,955,823,151.59
Total of liability 38,160,060,363.66 39,152,817,372.70
Owners’ equity
Share capital 5,730,250,118.00 5,730,250,118.00
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 21,812,136,465.66 21,786,233,393.78
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income -29,175.80 -29,175.80
Special reserve 14,215,188.29 12,614,331.35
Surplus reserves 245,507,019.95 245,507,019.95
Common risk provision
Retained profit 5,484,740,436.95 4,750,977,557.86
Total of owner’s equity belong to the
33,282,397,733.05 32,521,130,925.14
parent company
M inority shareholders’ equity 997,949,801.14 902,174,561.76
Total of owners’ equity 34,280,347,534.19 33,423,305,486.90
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Total of liabilities and owners’ equity 72,440,407,897.85 72,576,122,859.60
Legal representative ：Wang Lipeng
Person-in-charge of the accounting work：Feng Qiuju
Person-in -charge of the accounting organ：Wang Cang
2. Balance sheet of Parent Company
In RM B
Items September 30,2019 December 31,2018
Current asset：
Cash and bank balances 4,680,260,358.50 9,732,302,654.23
Transactional financial assets
Financial assets measured at fair
value with variations accounted into
current income account
Derivative financial assets
Notes receivable 50,000.00
Account receivable 238,937,474.76 176,563,926.23
Financing of receivables
Prepayments 2,778,960.71 2,008,364.11
Other account receivable 11,570,854,039.27 6,281,675,319.27
Including：Interest receivable 46,967,564.49 7,521,489.86
Dividend receivable 500,000,000.00 500,000,000.00
Inventories 187,539,316.81 269,759,580.95
Contract assets
Assets held for sales
Non-current asset due within 1 year
Other current asset 148,973.38 148,973.38
Total of current assets 16,680,519,123.43 16,462,508,818.17
Non-current assets：
Debt investment
Available for sale of financial assets 129,500,056.00
Other investment on bonds
Expired investment in possess
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Long-term receivable
Long term share equity investment 28,389,525,568.72 26,504,735,200.89
Other equity instruments investment
Other non-current financial assets 429,500,056.00
Property investment
Fixed assets 149,336,842.79 160,867,244.63
Construction in progress
Production physical assets
Oil & gas assets
Use right assets
Intangible assets 9,078,606.77 9,339,387.26
Development expenses
Goodwill
Long-germ expenses to be amortized
Deferred income tax asset 102,498,508.59 119,964,967.85
Other non-current asset
Total of non-current assets 29,079,939,582.87 26,924,406,856.63
Total of assets 45,760,458,706.30 43,386,915,674.80
Current liabilities
Short-term loans 6,529,000,000.00 4,278,000,000.00
Transactional financial liabilities
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Notes payable
Account payable 7,214,450.15 11,500,796.58
Advance receipts 842,498.78 1,991,498.78
Contract Liabilities
Employees’ wage payable 4,481,371.86 4,484,401.86
Tax payable 13,821,959.07 17,959,833.09
Other account payable 4,582,303,283.17 3,656,725,253.66
Including：Interest payable 263,454,751.86 97,197,464.99
Dividend payable 89,544,942.34
Liabilities held for sales
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Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Non-current liability due within 1 year 1,473,257,632.58 1,533,383,333.28
Other current liability
Total of current liability 12,610,921,195.61 9,504,045,117.25
Non-current liabilities：
Long-term loan 496,000,000.00
Bond payable 4,683,889,315.84 5,630,818,825.32
Including：preferred stock
Sustainable debt
Lease liability
Long-term payable
Long-term remuneration payable to
staff
Expected liabilities
Deferred income
Deferred income tax liability
Other non-current liabilities
Total non-current liabilities 5,179,889,315.84 5,630,818,825.32
Total of liability 17,790,810,511.45 15,134,863,942.57
Owners’ equity
Share capital 5,730,250,118.00 5,730,250,118.00
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 21,832,453,907.50 21,832,453,907.50
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income
Special reserve
Surplus reserves 226,517,795.62 226,517,795.62
Retained profit 184,848,693.73 467,252,231.11
Total of owners’ equity 27,969,648,194.85 28,252,051,732.23
Total of liabilities and owners’ equity 45,760,458,706.30 43,386,915,674.80
3.Consolidated Income statement of the Report period
In RM B
16
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Items Amount in this period Amount in last period
I. Turnover 4,091,106,986.20 6,133,715,988.34
Including ：Operating income 4,091,106,986.20 6,133,715,988.34
Interest income
Insurance fee earned
Fee and commission received
II. Total operating costs 3,960,264,425.02 5,609,792,675.17
Including ：Operating costs 3,339,906,699.32 5,036,411,172.85
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Appropriation of deposit for duty, net
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 13,484,690.14 23,906,807.14
Sales expense 101,242,232.81 85,460,345.07
Administrative expense 129,084,674.37 148,717,384.56
R & D expense 152,203,114.68 167,589,371.79
Financial expenses 224,343,013.70 147,707,593.76
Including：Interest expense 309,177,328.11 260,361,572.27
Interest income 90,045,140.54 116,750,430.74
Add：Other income 169,152,359.66 46,878,821.37
Investment gain（“-”for loss） 137,097,767.53 17,356,371.68
Including: investment gains from
-1,055,027.96 16,524,039.25
affiliates
Financial assets measured at amortized
cost cease to be recognized as income
Gains from currency exchange
Net exposure hedging income
Changing income of fair value
Credit impairment loss -4,068,499.41
Impairment loss of assets 1,400,471.00 653,072.76
Assets disposal income -2,073,076.28 -814,481.33
III. Operating profit（“-”for loss） 432,351,583.68 587,997,097.65
17
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Add ：Non-operating income 1,881,466.41 8,221,514.11
Less: Non-operating expenses 2,259,372.16 1,196,410.58
IV Total profit(“-”for loss) 431,973,677.93 595,022,201.18
Less：Income tax expenses 127,395,305.35 133,529,216.17
V Net profit 304,578,372.58 461,492,985.01
(I) Classification by business
continuity
1.Net continuing operating profit 304,578,372.58 461,492,985.01
2.Termination of operating net profit
(II) Classification by ownership
1.Net profit attributable to the owners of
290,704,217.37 456,861,464.93
parent company
2.M inority shareholders’ equity 13,874,155.21 4,631,520.08
VI. Net after-tax of other comprehensive
-9,338.97
income
Net of profit of other comprehensive inco
-2,996.12
me attributable to owners of the parent co
mpany.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent accounting
period
1.Re-measurement of defined benefit pla
ns of changes in net debt or net assets
2.Other comprehensive income under the
equity method investee can not be reclass
ified into profit or loss.
3. Changes in the fair value of
investments in other equity instruments
4. Changes in the fair value of the
company’s credit risks
5.Other
（II）
Other comprehensive income that will be -2,996.12
reclassified into profit or loss.
1.Other comprehensive income under the
18
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
equity method investee can be reclassifie
d into profit or loss.
2. Changes in the fair value of
investments in other debt obligations
3.Gains and losses from changes in fair v
alue available for sale financial assets
4. Other comprehensive income arising
from the reclassification of financial
assets
5.Held-to-maturity investments reclassifi
ed to gains and losses of available for sal
e financial assets
6. Allowance for credit impairments in
investments in other debt obligations
7. Reserve for cash flow hedges
8.
Translation differences in currency financ -2,996.12
ial statements
9.Other
Net of profit of other comprehensive inco
me attributable to M inority shareholders’ -6,342.85
equity
VII. Total comprehensive income 304,578,372.58 461,483,646.04
Total comprehensive income attributable
290,704,217.37 456,858,468.81
to the owner of the parent company
Total comprehensive income
13,874,155.21 4,625,177.23
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.05 0.08
(II)Diluted earnings per share 0.05 0.08
The current business combination under common control, the net profits of the combined party before achieved ne
t profit of RMB 0.00, last period the combined party realized RMB-9,555,668.76.
Legal representative ：Wang Lipeng
Person-in-charge of the accounting work：Feng Qiuju
Person-in -charge of the accounting organ：Wang Cang
19
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
4.Income statement of the Parent Company of the Report period
In RM B
Items Amount in this period Amount in last period
I. Revenue 1,135,035.03 3,256,300.61
Including ：Operating costs 876,819.06 2,218,588.34
Business tax and surcharge 990,268.44 915,072.46
Sales expense 18,769.00
Administrative expense 4,234,809.43 8,823,593.81
R & D expense 774,668.87
Financial expenses 105,138,400.02 103,671,007.85
Including：Interest expenses 207,064,079.10 132,725,693.85
Interest income 102,879,825.66 30,455,946.93
Add：Other income
Investment gain（“-”for loss） 381,599,672.04 16,524,776.06
Including: investment gains from
-1,055,027.96 16,524,776.06
affiliates
Financial assets measured at
amortized cost cease to be recognized
as income
Net exposure hedging income
Changing income of fair value
Credit impairment loss
Impairment loss of assets -52,500.00
Assets disposal income
II. Operating profit（“-”for loss） 270,719,741.25 -95,813,454.79
Add ：Non-operating income 1,570.00 973.04
Less：Non -operating expenses 5,341.10 209,000.00
III. Total profit(“-”for loss) 270,715,970.15 -96,021,481.75
Less：Income tax expenses 40,765,649.72
IV Net profit 229,950,320.43 -96,021,481.75
1.Net continuing operating profit 229,950,320.43 -96,021,481.75
2.Termination of operating net profit
V. Net after-tax of other comprehensive
income
（I）Other comprehensive income items
20
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
3. Changes in the fair value of
investments in other equity instruments
4. Changes in the fair value of the
company’s credit risks
5.Other
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2. Changes in the fair value of
investments in other debt obligations
3.
Gains and losses from changes in fair v
alue available for sale financial assets
4. Other comprehensive income
arising from the reclassification of
financial assets
5.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
6. Allowance for credit impairments
in investments in other debt obligations
7. Reserve for cash flow hedges
8.
Translation differences in currency fina
ncial statements
9.Other
VI. Total comprehensive income 229,950,320.43 -96,021,481.75
VII. Earnings per share
21
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
（I）Basic earnings per share
(II)Diluted earnings per share
5. Consolidated Income statement between the beginning of the year and end of the report period
In RM B
Items Amount in this period Amount in last period
I. Turnover 12,566,196,209.13 17,263,567,779.22
Including：Operating income 12,566,196,209.13 17,263,567,779.22
Interest income
Insurance fee earned
Commission charge and commission
income
II. Total operating costs 11,606,233,115.90 15,696,976,204.44
Including ：Operating costs 9,911,799,916.26 14,026,126,902.57
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Appropriation of deposit for duty,net
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 60,211,803.78 210,002,927.84
Sales expense 257,054,949.35 179,353,037.49
Administrative expense 411,202,698.94 412,996,869.13
R & D expense 373,530,637.91 325,561,757.35
Financial expenses 592,433,109.66 542,934,710.06
Including：Interest expense 897,744,842.39 856,102,489.72
Interest income 319,022,171.63 314,912,662.98
Add：Other income 391,804,098.83 155,240,877.89
Investment gain（“-”for loss） 159,148,105.57 41,062,889.87
Including: investment gains from
16,382,867.83 28,360,663.73
affiliates
Financial assets measured at amortized
cost cease to be recognized as income
Gains from currency exchange
22
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Net exposure hedging income
Changing income of fair value
Credit impairment loss -13,735,862.13
Impairment loss of assets -353,137.15 -405,516.55
Assets disposal income -2,073,076.28 -1,479,307.78
III. Operating profit（“-”for loss） 1,494,753,222.07 1,761,010,518.21
Add ：Non-operating income 9,801,394.59 14,167,411.04
Less: Non-operating expense 4,574,800.13 3,964,222.59
IV Total profit(“-”for loss) 1,499,979,816.53 1,771,213,706.66
Less：Income tax expenses 314,304,023.20 415,659,992.41
V Net profit 1,185,675,793.33 1,355,553,714.25
(I) Classification by business
continuity
1.Net continuing operating profit 1,185,675,793.33 1,355,553,714.25
2.Termination of operating net profit
(II) Classification by ownership
1.Net profit attributable to the owners of
1,134,880,387.35 1,315,157,554.01
parent company
2.M inority shareholders’ equity 50,795,405.98 40,396,160.24
VI. Net after-tax of other comprehensive
4,756.26
income
Net of profit of other comprehensive inco
4,756.26
me attributable to owners of the parent co
mpany.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent accounting
period
1.Re-measurement of defined benefit pla
ns of changes in net debt or net assets
2.Other comprehensive income under the
equity method investee can not be reclass
ified into profit or loss.
3. Changes in the fair value of
investments in other equity instruments
4. Changes in the fair value of the
23
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
company’s credit risks
5.Other
（II）
Other comprehensive income that will be 4,756.26
reclassified into profit or loss.
1.Other comprehensive income under the
equity method investee can be reclassifie
d into profit or loss.
2. Changes in the fair value of
investments in other debt obligations
3.Gains and losses from changes in fair v
alue available for sale financial assets
4. Other comprehensive income arising
from the reclassification of financial
assets
5.Held-to-maturity investments reclassifi
ed to gains and losses of available for sal
e financial assets
6. Allowance for credit impairments in
investments in other debt obligations
7. Reserve for cash flow hedges
8.
Translation differences in currency financ 4,756.26
ial statements
9.Other
Net of profit of other comprehensive inco
me attributable to M inority shareholders’
equity
VII. Total comprehensive income 1,185,675,793.33 1,355,558,470.51
Total comprehensive income attributable
1,134,880,387.35 1,315,162,310.27
to the owner of the parent company
Total comprehensive income
50,795,405.98 40,396,160.24
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.20 0.23
(II)Diluted earnings per share 0.20 0.23
24
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
The current business combination under common control, the net profits of the combined party before achieved ne
t profit of RMB 0.00, last period the combined party realized RMB-9,555,668.76.
Legal representative ：Wang Lipeng
Person-in-charge of the accounting work：Feng Qiuju
Person-in -charge of the accounting organ：Wang Cang
6.Income Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RM B
Items Amount in this period Amount in last period
I. Revenue 119,463,664.36 58,572,283.01
Including ：Operating costs 105,145,585.10 40,711,128.57
Business tax and surcharge 4,976,905.87 3,087,770.21
Sales expense 18,769.00
Administrative expense 20,956,885.00 33,117,331.75
R & D expense 2,472,551.86
Financial expenses 249,197,283.14 355,271,284.54
Including：Interest expenses 549,600,702.10 486,422,033.10
Interest income 302,394,392.44 132,632,720.00
Add：Other income 50,000.00
Investment gain（“-”for loss） 399,037,567.83 21,656,065.50
Including: investment gains from
16,382,867.83 28,360,663.73
affiliates
Financial assets measured at
amortized cost cease to be recognized
as income
Net exposure hedging income
Changing income of fair value
Credit impairment loss 3,579.22
Impairment loss of assets 241.00 7,848,812.69
Assets disposal income
II. Operating profit（“-”for loss） 135,805,841.44 -359,826,748.25
Add ：Non-operating income 379,929.80 1,644.45
Less：Non -operating expenses 5,341.10 209,000.15
III. Total profit(“-”for loss) 136,180,430.14 -360,034,103.95
25
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Less：Income tax expenses 17,466,459.26 -1,269,693.27
IV Net profit 118,713,970.88 -358,764,410.68
1.Net continuing operating profit 118,713,970.88 -358,764,410.68
2.Termination of operating net profit
V. Net after-tax of other comprehensive
income
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
3. Changes in the fair value of
investments in other equity instruments
4. Changes in the fair value of the
company’s credit risks
5.Other
（II）
Other comprehensive income that will b
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2. Changes in the fair value of
investments in other debt obligations
3.
Gains and losses from changes in fair v
alue available for sale financial assets
4. Other comprehensive income
arising from the reclassification of
financial assets
5.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
6. Allowance for credit impairments
in investments in other debt obligations
26
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
7. Reserve for cash flow hedges
8.
Translation differences in currency fina
ncial statements
9.Other
VI. Total comprehensive income 118,713,970.88 -358,764,410.68
VII. Earnings per share
（I）Basic earnings per share
(II)Diluted earnings per share
7. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period
In RM B
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
16,313,795,681.66 15,776,552,566.68
rending of services
Net increase of customer deposits
and capital kept for brother company
Net increase of loans from central bank
Net increase of inter-bank loans from
other financial bodies
Cash received against original insurance
contract
Net cash received from reinsurance
business
Net increase of client deposit and
investment
Cash received from interest,
commission charge and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Net cash received by agent in
securities trading
Tax returned 214,448,224.11 535,606,707.13
Other cash received from business
1,054,754,750.55 1,445,590,352.94
operation
27
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Sub-total of cash inflow 17,582,998,656.32 17,757,749,626.75
Cash paid for purchasing of
14,639,564,848.32 14,640,101,334.51
merchandise and services
Net increase of client trade and advance
Net increase of savings in central bank
and brother company
Cash paid for original contract claim
Net increase for Outgoing call loan
Cash paid for interest, processing fee
and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 796,831,947.67 873,946,590.61
Taxes paid 858,148,458.85 718,192,319.59
Other cash paid for business activities 1,161,338,842.03 2,040,936,112.00
Sub-total of cash outflow from business
17,455,884,096.87 18,273,176,356.71
activities
Net cash generated from /used in
127,114,559.45 -515,426,729.96
operating activities
II. Cash flow generated by investing
Cash received from investment
1,251,030,000.00
retrieving
Cash received as investment gains 13,923,452.07
Net cash retrieved from disposal of
fixed assets, intangible assets, and other 148,041.02 3,889,040.00
long-term assets
Net cash received from disposal of
154,823,420.43 393,727,652.59
subsidiaries or other operational units
Other investment-related cash received 1,540,725,801.60 329,439,021.36
Sub-total of cash inflow due to
1,695,697,263.05 1,992,009,166.02
investment activities
Cash paid for construction of fixed
assets, intangible assets and other 1,281,678,070.49 2,899,735,048.66
long-term assets
Cash paid as investment 332,390,000.00 446,473,324.50
Net increase of loan against pledge
Net cash received from subsidiaries and
108,724,611.43
other operational units
28
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Other cash paid for investment
754,833,239.59 452,439,739.56
activities
Sub-total of cash outflow due to
2,368,901,310.08 3,907,372,724.15
investment activities
Net cash flow generated by investment -673,204,047.03 -1,915,363,558.13
III.Cash flow generated by financing
Cash received as investment 131,690,000.00 6,399,500.00
Including: Cash received as investment
125,000,000.00 6,399,500.00
from minor shareholders
Cash received as loans 6,414,443,540.78 4,419,098,213.33
Other financing –related cash received 2,062,562,380.83 777,589,299.83
Sub-total of cash inflow from financing
8,608,695,921.61 5,203,087,013.16
activities
Cash to repay debts 6,652,951,104.36 6,926,972,109.28
Cash paid as dividend, profit, or
1,227,738,290.72 1,171,170,999.61
interests
Including: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing activities 713,106,691.62 704,299,273.76
Sub-total of cash outflow due to
8,593,796,086.70 8,802,442,382.65
financing activities
Net cash flow generated by financing 14,899,834.91 -3,599,355,369.49
IV Influence of exchange rate
-803,387.02 7,175,415.44
alternation on cash and cash equivalents
V.Net increase of cash and cash
-531,993,039.69 -6,022,970,242.14
equivalents
Add: balance of cash and cash
14,916,637,291.04 25,114,660,756.25
equivalents at the beginning of term
VI ..Balance of cash and cash
14,384,644,251.35 19,091,690,514.11
equivalents at the end of term
8. Cash Flow Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RM B
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
100,044,957.17 70,757,928.40
rending of services
29
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Tax returned 13,719.30
Other cash received from business
1,255,277,193.85 444,929,669.15
operation
Sub-total of cash inflow 1,355,322,151.02 515,701,316.85
Cash paid for purchasing of
2,062,657.18 34,817,201.76
merchandise and services
Cash paid to staffs or paid for staffs 12,823,734.51 24,886,017.39
Taxes paid 33,282,120.77 33,226,454.45
Other cash paid for business activities 1,272,735,223.00 219,935,549.94
Sub-total of cash outflow from business
1,320,903,735.46 312,865,223.54
activities
Net cash generated from /used in
34,418,415.56 202,836,093.31
operating activities
II.Cash flow generated by investing
Cash received from investment
1,770,000,000.00
retrieving
Cash received as investment gains 678,923,452.07
Net cash retrieved from disposal of
fixed assets, intangible assets, and other
long-term assets
Net cash received from disposal of
400,000,000.00
subsidiaries or other operational units
Other investment-related cash received
Sub-total of cash inflow due to
400,000,000.00 2,448,923,452.07
investment activities
Cash paid for construction of fixed
assets, intangible assets
and other long-term assets
Cash paid as investment 2,162,300,000.00 2,617,565,500.00
Net cash received from subsidiaries and
other operational units
Other cash paid for investment
23,721,374,168.74 20,234,170,247.66
activities
Sub-total of cash outflow due to
25,883,674,168.74 22,851,735,747.66
investment activities
Net cash flow generated by investment -25,483,674,168.74 -20,402,812,295.59
III. Cash flow generated by financing
30
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Cash received as investment
Cash received as loans 3,051,000,000.00 580,000,000.00
Other financing –related ash received 19,504,029,140.15 19,085,073,335.80
Sub-total of cash inflow from
22,555,029,140.15 19,665,073,335.80
financing activities
Cash to repay debts 1,468,383,333.28 3,281,257,300.02
Cash paid as dividend, profit, or
688,082,349.42 735,920,735.65
interests
Other cash paid for financing activities 1,350,000.00
Sub-total of cash outflow due to
2,157,815,682.70 4,017,178,035.67
financing activities
Net cash flow generated by financing 20,397,213,457.45 15,647,895,300.13
IV Influence of exchange rate
alternation on cash and cash equivalents
V.Net increase of cash and cash
-5,052,042,295.73 -4,552,080,902.15
equivalents
Add: balance of cash and cash
9,732,302,654.23 11,224,359,236.39
equivalents at the beginning of term
VI ..Balance of cash and cash
4,680,260,358.50 6,672,278,334.24
equivalents at the end of term
II Adjustments to the Financial Statements
1. Adjustment of the relevant items of the financial statements at the current year beginning according to
the new standards for financial instruments, the new standards for revenues and the new standards for
lease implemented commencing from year 2019
√ Applicable □ Not applicable
Consolidated balance sheet
In RM B
Amount involved in the
Items December 31,2018 January 1,2019
adjustment
Current asset：
Cash and bank balances 19,807,094,397.16 19,807,094,397.16
Settlement provision
Outgoing call loan
Transactional financial assets
31
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Financial assets measured
at fair value with variations
accounted into current
income account
Derivative financial assets
Notes receivable 499,781,503.17 499,781,503.17
Account receivable 14,352,781,895.39 14,352,781,895.39
Financing of receivables
Prepayments 5,215,414,219.51 5,215,414,219.51
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Other account receivable 1,125,991,020.55 1,125,991,020.55
Including：Interest receivable 56,811,961.67 56,811,961.67
Dividend receivable
Repurchasing of financial
assets
Inventories 3,510,786,666.85 3,510,786,666.85
Contract assets
Assets held for sales 119,355,435.58 119,355,435.58
Non-current asset due within
1 year
Other current asset 809,360,778.49 809,360,778.49
Total of current assets 45,440,565,916.70 45,440,565,916.70
Non-current assets：
Loans and payment on
other’s behalf disbursed
Debt investment
Available for sale of financial
243,158,605.30 -243,158,605.30
assets
Other investment on bonds
Expired investment in
possess
Long-term receivable 344,430,815.68 344,430,815.68
Long term share equity
2,174,347,969.22 2,174,347,969.22
investment
Other equity instruments
32
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
investment
Other non-current financial
243,158,605.30 243,158,605.30
assets
Property investment 686,993,881.02 686,993,881.02
Fixed assets 9,634,463,323.77 9,634,463,323.77
Construction in progress 5,013,941,980.61 5,013,941,980.61
Production physical assets
Oil & gas assets
Use right assets
Intangible assets 1,146,949,745.14 1,146,949,745.14
Development expenses 37,122,235.94 37,122,235.94
Goodwill 2,835,672,586.90 2,835,672,586.90
Long-germ expenses to be
21,884,204.82 21,884,204.82
amortized
Deferred income tax asset 533,094,627.68 533,094,627.68
Other non-current asset 4,463,496,966.82 4,463,496,966.82
Total of non-current assets 27,135,556,942.90 27,135,556,942.90
Total of assets 72,576,122,859.60 72,576,122,859.60
Current liabilities
Short-term loans 8,361,106,651.33 8,361,106,651.33
Loan from Central Bank
Borrowing funds
Transactional financial
liabilities
Financial liabilities measured
at fair value with variations
accounted into current
income account
Derivative financial liabilities
Notes payable 1,643,167,026.68 1,643,167,026.68
Account payable 8,632,927,106.20 8,632,927,106.20
Advance receipts 1,402,283,662.37 1,402,283,662.37
Contract liabilities
Selling of repurchased
financial assets
Deposit taking and interbank
deposit
33
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Entrusted trading of
securities
Entrusted selling of securities
Employees’ wage payable 238,146,977.17 238,146,977.17
Tax payable 817,173,127.12 817,173,127.12
Other account payable 2,089,603,676.60 2,089,603,676.60
Including：Interest payable 117,554,951.58 117,554,951.58
Dividend payable
Fees and commissions
payable
Reinsurance fee payable
Liabilities held for sales
Non-current liability due
3,697,392,864.91 3,697,392,864.91
within 1 year
Other current liability 315,193,128.73 315,193,128.73
Total of current liability 27,196,994,221.11 27,196,994,221.11
Non-current liabilities：
Reserve fund for insurance
contracts
Long-term loan 2,741,589,600.00 2,741,589,600.00
Bond payable 5,630,818,825.32 5,630,818,825.32
Including：preferred stock
Sustainable debt
Lease liability
Long-term payable 2,644,309,592.95 2,644,309,592.95
Long-term remuneration
payable to staff
Expected liabilities 99,765,750.04 99,765,750.04
Deferred income 676,146,399.31 676,146,399.31
Deferred income tax liability 55,192,983.97 55,192,983.97
Other non-current liabilities 108,000,000.00 108,000,000.00
Total non-current liabilities 11,955,823,151.59 11,955,823,151.59
Total of liability 39,152,817,372.70 39,152,817,372.70
Owners’ equity
Share capital 5,730,250,118.00 5,730,250,118.00
34
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 21,786,233,393.78 21,786,233,393.78
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income -29,175.80 -29,175.80
Special reserve 12,614,331.35 12,614,331.35
Surplus reserves 245,507,019.95 245,507,019.95
Common risk provision
Retained profit 4,750,977,557.86 4,750,977,557.86
Total of owner’s equity
32,521,130,925.14 32,521,130,925.14
belong to the parent company
M inority shareholders’ equity 902,174,561.76 902,174,561.76
Total of owners’ equity 33,423,305,486.90 33,423,305,486.90
Total of liabilities and
72,576,122,859.60 72,576,122,859.60
owners’ equity
Adjustment statement
According to the Accounting Standards for Business Enterprises No.22-Recognition and Measurement of
Financial Instruments (CK [2017] No.7), the Accounting Standards for Business Enterprises No.23-Transfer of
Financial Assets (CK [2017] No.8), the Accounting Standards for Business Enterprises No.24-Hedge Accounting
(CK [2017] No.9), Accounting Standard for Business Enterprises No.37-Presentation of Financial Instruments
(CK [2017] No.14) (hereinafter referred to as the new financial instruments standards) issued by the Ministry of
Finance in 2017, in combination with the company's business mode of managing financial assets and the
contractual cash flow characteristics of financial assets, the original available-for-sale financial assets are adjusted
to be accounted for as financial assets measured at fair value with changes included in current profits and losses.
Since the period is more than one year, it is listed as "other non-current financial assets" in the report.
Parent Company Balance Sheet
In RM B
Amount involved in the
Items December 31,2018 January 1,2019
adjustment
Current asset：
Cash and bank balances 9,732,302,654.23 9,732,302,654.23
Transactional financial assets
Financial assets measured
at fair value with variations
accounted into current
35
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
income account
Derivative financial assets
Notes receivable 50,000.00 50,000.00
Account receivable 176,563,926.23 176,563,926.23
Financing of receivables
Prepayments 2,008,364.11 2,008,364.11
Other account receivable 6,281,675,319.27 6,281,675,319.27
Including：Interest receivable 7,521,489.86 7,521,489.86
Dividend receivable 500,000,000.00 500,000,000.00
Inventories 269,759,580.95 269,759,580.95
Contract assets
Assets held for sales
Non-current asset due within
1 year
Other current asset 148,973.38 148,973.38
Total of current assets 16,462,508,818.17 16,462,508,818.17
Non-current assets：
Debt investment
Available for sale of financial
129,500,056.00 -129,500,056.00
assets
Other investment on bonds
Expired investment in
possess
Long-term receivable
Long term share equity
26,504,735,200.89 26,504,735,200.89
investment
Other equity instruments
investment
Other non-current financial
129,500,056.00 129,500,056.00
assets
Property investment
Fixed assets 160,867,244.63 160,867,244.63
Construction in progress
Production physical assets
Oil & gas assets
Use right assets
Intangible assets 9,339,387.26 9,339,387.26
36
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Development expenses
Goodwill
Long-germ expenses to be
amortized
Deferred income tax asset 119,964,967.85 119,964,967.85
Other non-current asset
Total of non-current assets 26,924,406,856.63 26,924,406,856.63
Total of assets 43,386,915,674.80 43,386,915,674.80
Current liabilities
Short-term loans 4,278,000,000.00 4,278,000,000.00
Transactional financial
liabilities
Financial liabilities measured
at fair value with variations
accounted into current
income account
Derivative financial liabilities
Notes payable
Account payable 11,500,796.58 11,500,796.58
Advance receipts 1,991,498.78 1,991,498.78
Contract Liabilities
Employees’ wage payable 4,484,401.86 4,484,401.86
Tax payable 17,959,833.09 17,959,833.09
Other account payable 3,656,725,253.66 3,656,725,253.66
Including：Interest
97,197,464.99 97,197,464.99
payable
Dividend payable
Liabilities held for sales
Non-current liability due
1,533,383,333.28 1,533,383,333.28
within 1 year
Other current liability
Total of current liability 9,504,045,117.25 9,504,045,117.25
Non-current liabilities：
Long-term loan
Bond payable 5,630,818,825.32 5,630,818,825.32
Including：preferred stock
37
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
Sustainable debt
Lease liability
Long-term payable
Long-term remuneration
payable to staff
Expected liabilities
Deferred income
Deferred income tax liability
Other non-current liabilities
Total non-current liabilities 5,630,818,825.32 5,630,818,825.32
Total of liability 15,134,863,942.57 15,134,863,942.57
Owners’ equity
Share capital 5,730,250,118.00 5,730,250,118.00
Other equity instruments
Including：preferred stock
Sustainable debt
Capital reserves 21,832,453,907.50 21,832,453,907.50
Less：Shares in stock 4,422,320.00 4,422,320.00
Other comprehensive income
Special reserve
Surplus reserves 226,517,795.62 226,517,795.62
Retained profit 467,252,231.11 467,252,231.11
Total of owners’ equity 28,252,051,732.23 28,252,051,732.23
Total of liabilities and
43,386,915,674.80 43,386,915,674.80
owners’ equity
Adjustment statement
According to the Accounting Standards for Business Enterprises No.22-Recognition and Measurement of
Financial Instruments (CK [2017] No.7), the Accounting Standards for Business Enterprises No.23-Transfer of
Financial Assets (CK [2017] No.8), the Accounting Standards for Business Enterprises No.24-Hedge Accounting
(CK [2017] No.9), Accounting Standard for Business Enterprises No.37-Presentation of Financial Instruments
(CK [2017] No.14) (hereinafter referred to as the new financial instruments standards) issued by the Ministry of
Finance in 2017, in combination with the company's business mode of managing financial assets and the
contractual cash flow characteristics of financial assets, the original available-for-sale financial assets are adjusted
to be accounted for as financial assets measured at fair value with changes included in current profits and losses.
Since the period is more than one year, it is listed as "other non-current financial assets" in the report.
38
Tunghsu Optoelectronic Technology Co., Ltd. The Third Quarterly Report 2019
2. Note to the retroactive adjustment of the previous comparative data according to the new standards for
financial instruments and the new standards for lease implemented commencing from year 2019
√Applicable □Not applicable
Beginning January 1, 2019, the company began to implement the new financial instrument guidelines, This
accounting policy change does not involve retrospective adjustments in previous years, and does not affect the
Company's 2018 annual financial indicators.
III. Auditor’ report
Is the Third Quarterly Report be audited?
□ Yes √No
The Third Quarterly report is not audited.
Tunghsu Optoelectronic Technology Co., Ltd.
Board Chairman: Wang Lipeng
Issue day approved by the Board of Directors：October 30,2019
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