Nanjing Putian Telecommunications Co., Ltd. 2010 Third Quarterly Report
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Stock Code: 200468 Short Form of the Stock: NJ TEL B Notice No.: 2010-020
Nanjing Putian Telecommunications Co., Ltd.
2010 Third Quarterly Report
§1 Important notice
1.1 The Board of Directors, the Supervisory Committee, the directors, supervisors and senior
management of the Company hereby confirm that there are no factitious record, misleading statements
or material omissions in this report, and collectively and individually accepts full responsibility for the
truthfulness, accuracy and completeness of the whole contents.
1.2 Except the following directors, other directors all attended the board meeting at which this
quarterly report was considered in person:
Name of the director
who did not attend
the meeting in
person
Position of the director
who did not attend the
meeting in person
Reason for not attending the
meeting in person
Name of the
proxy entrusted
Zhu Hongchen Director Due to official business Zhao Xinping
1.3 The financial report of the third quarter was not audited by a public accounting firm.
1.4 Chairman of the BOD Mr. Zhao Xinping, General Manager Mr. Sun Liang, and Chief
Accountant Mr. Shi Lian hereby confirm that the financial report in this report is truthful and complete.
1.5 This report is prepared both in Chinese and in English. In case of any inconsistency between
the two versions, the Chinese version should prevail.
§2 Company Profile
2.1 Main accounting data and financial indicators( expressed in RMB Yuan)
30 Sep. 2010 31 Dec. 2009 Increase/decrease (%)
Total assets(Yuan) 1,430,054,317.36 1,466,288,245.48 -2.47%
Equity attributable to shareholders of the
listed company(Yuan) 352,178,220.82 333,659,473.27 5.55%
Share capital 215,000,000.00 215,000,000.00 0.00%
Net assets per share attributable to
shareholders of the listed company(Yuan
per share)
1.638 1.552 5.54%
Jul.-Sep. 2010
Increase/decrease
over the same
period of last
year(%)
Jan. – Sep. 2010
Increase/decrease
over the same
period of last
year(%)
Total operating income(Yuan) 502,163,557.42 30.95% 1,357,871,075.32 30.70%
Net profit attributable to shareholders of
the listed company(Yuan) 7,444,773.81 72.81% 15,702,386.18 63.45%
Net cash generated from operating
activities(Yuan) - - -232,471,091.11 -423.67%
Net cash generated from operating
activities per share (Yuan per share) - - -1.081 -424.76%
Basic earnings per share (Yuan per share) 0.035 75.00% 0.073 62.22%
Diluted earnings per share (Yuan per
share) 0.035 75.00% 0.073 62.22%
Weighted average return on net assets 2.14% 0.87% 4.60% 1.70%Nanjing Putian Telecommunications Co., Ltd. 2010 Third Quarterly Report
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(%)
Weighted average return on net assets
after deducting non-recurrent profits or
losses (%)
2.13% 0.86% 4.36% 1.49%
Items of non-recurrent gains or losses From year-beginning to the end
of the reporting period Note
Gains/losses from disposal of non-current assets -9,287.65
Government subsidies accounted into current profit/loss, except
the continuous ration subsidies directly related to the normal
operations and stipulated by the government
32,000.00
Profit and loss of debt restructure -48,140.00
Net amount of other non-operating profit and expenses excluding
items above 1,304,849.87
Influenced amount of minority interest -219,369.20
Influenced amount of income tax -230,996.77
Total 829,056.25 -
2.2 Total number of shareholders and top ten shareholders not subject to sale prohibition at the
end of the reporting period
Total number of shareholders at the end of
the reporting period 14,556
Top ten shareholders of tradable shares
Shareholder Holding of tradable shares at
the end of the reporting period
Share type
Chan Keung 1,240,100 Domestically-listed shares in foreign currency
Hu Yunjing 1,130,000 Domestically-listed shares in foreign currency
Zhou Xianyu 1,083,273 Domestically-listed shares in foreign currency
Gu Feng 774,500 Domestically-listed shares in foreign currency
Wang Feifei 588,008 Domestically-listed shares in foreign currency
Chen Chaofan 416,979 Domestically-listed shares in foreign currency
KGI Asia Limited 380,183 Domestically-listed shares in foreign currency
Long Jianqiu 340,000 Domestically-listed shares in foreign currency
Zhao Guanghui 331,650 Domestically-listed shares in foreign currency
Chen Ren 310,000 Domestically-listed shares in foreign currency
§3 Significant events
3.1 Substantial changes in main items on the financial statements and main financial indicators,
and explanation on the reason of the changes
√applicable □inapplicable
Item 30 Sep. 2010 31 Dec. 2009 Change(Yuan) Change(%) Reason of a
substantial change
Monetary funds 187,573,968.98 482,952,642.17 -295,378,673.19 -61.16%
1) Due to growth of
sales scale,
accounts receivable
and inventory
increased, which
occupied a large
amount of cash. 2)Nanjing Putian Telecommunications Co., Ltd. 2010 Third Quarterly Report
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There was a
substantial increase
of cash payment to
purchase products.
Accounts
receivable 573,631,117.95 379,210,613.99 194,420,503.96 51.27%
Accounts receivable
increased as sales
grew
Notes payable 531,235.60 92,746,648.00 -92,215,412.40 -99.43%
Due to maturity of
bank acceptance
bills
Advances from
customers 45,344,894.56 23,147,428.55 22,197,466.01 95.90%
Prepayment from
customers
increased in the
reporting period.
Jan.-Sep. 2010 Jan.-Sep. 2009 Change(Yuan) Change(%)
Total operating
income 1,357,871,075.32 1,038,948,935.82 318,922,139.50 30.70%
Sales grew under a
good market
condition.
Total operating
cost 1,331,047,458.88 1,019,690,996.05 311,356,462.83 30.53%
Cost and expenses
increased with
growth of sales
Net profit
attributable to the
owners of parent
company
15,702,386.18 9,606,667.81 6,095,718.37 63.45%
Main operating
business grew in
the reporting period.
Net Cash flow
from operating
activities
-232,471,091.11 -44,392,404.09 -188,078,687.02 -423.67%
A large amount of
cash was paid to
purchase raw
materials to satisfy
the need of
business
expansion.
Meanwhile due to
growth of sales
scale, accounts
receivable and
inventory increased.
Net Cash flow
from investing
activities
-23,007,179.97 -4,199,888.70 -18,807,291.27 -447.80%
The Company paid
2 million dollars to
establish Nanjing
Putian Optical
Network Co., Ltd. in
the reporting period.
3.2 Progress of significant events as well as analysis of its effect and solution plan
□applicable √inapplicable
3.2.1 Being issued a non-standard auditor’s opinion
□applicable √inapplicable
3.2.2 Fund provided by the Company to its controlling shareholder or related parties of the controlling
shareholder, and guaranty provided by the Company in violation of prescriptive procedures
□applicable √inapplicableNanjing Putian Telecommunications Co., Ltd. 2010 Third Quarterly Report
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3.2.3 Signing and implementation of significant contracts that are related to routine operations
□applicable √inapplicable
3.2.4 Other issues
□applicable √inapplicable
3.3 Fulfillment of commitment made by the Company, shareholders or the effective controller
□applicable √inapplicable
3.4 Caution and explanation on a forecasted accumulated net loss for the period from the
year-beginning to the end of the next reporting period or a material change in net profit
compared with the same period of last year
□applicable √inapplicable
3.5 Other significant events to be necessarily stated
3.5.1 Securities investment
□applicable √ inapplicable
3.5.2 Reception of investigation, communication and interview during the reporting period
In the reporting period, the Company did not receive investigation, communication and interview.
3.6 Derivative investment
□applicable √inapplicable
3.6.1 Holding of derivative investment products at the end of the reporting period
□applicable √inapplicable
Board of Directors
Nanjing Putian Telecommunications Co., Ltd.
23 October 2010
