Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Nanjing Putian Telecommunications Co., Ltd.
2020 Third Quarterly Report
October 2020
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior
executives of Nanjing Putian Telecommunications Co., Ltd. (hereinafter referred
to as the Company) hereby confirm that there are no any fictitious statements,
misleading statements, or important omissions carried in this report, and shall
take all responsibilities, individual and/or joint, for the reality, accuracy and
completion of the whole contents.
All the directors are present the meeting of the Board for deliberating the Third
Quarter Report of the Company in person.
Wang Wenkui, person in charge of the Company, head of the accounting works
Wang Huailin and Wang Huailin, accounting body principals (accountant in
charge) hereby confirms that the Financial Report of the Third Quarterly
Report is authentic, accurate and complete.
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Section II. Basic information of Company
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √No
Current period-end Period-end of last year Increase/decrease
Total assets (RMB) 1,474,870,353.18 1,652,005,519.44 -10.72%
Net assets attributable to
shareholders of listed company 109,496,218.17 169,543,106.29 -35.42%
(RMB)
Increase/decrease in
Increase/decrease in
From year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 257,967,139.46 -7.05% 663,139,943.08 -35.91%
Net profit attributable to
shareholders of the listed company -1,190,034.23 92.58% -60,046,888.26 18.37%
(RMB)
Net profit attributable to
shareholders of the listed company
-5,633,894.62 67.86% -69,241,389.77 9.36%
after deducting non-recurring gains
and losses (RMB)
Net cash flow arising from
6,656,073.35 165.88% 24,308,791.38 113.95%
operating activities (RMB)
Basic earnings per share
-0.01 85.71% -0.28 17.65%
(RMB/Share)
Diluted earnings per share
-0.01 85.71% -0.28 17.65%
(RMB/Share)
Weighted average ROE -1.09% 4.44% -43.04% -19.94%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the
6,051,161.27
write-off that accrued for impairment of assets)
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
4,120,379.93
national standards, which are closely relevant to enterprise’s
business)
Other non-operating income and expenditure except for the
481,262.65
aforementioned items
Less: impact on income tax 594,009.68
Impact on minority shareholders’ equity (post-tax) 864,292.66
Total 9,194,501.51 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Number of common shareholders and preference shareholders with voting rights recovered and top ten
common shareholders
In Share
Total preference shareholders
Total number of common with voting rights recovered at
shareholders at the end of report 8,534 0
period end of reporting period (if
applicable)
Top ten shareholders
Amount of Number of share pledged/frozen
Nature of Proportion of Amount of shares
Shareholders non-tradable
shareholder shares held held State of share Amount
shares held
China Potevio
State-owned
Company 53.49% 115,000,000 115,000,000
corporate
Limited
Shenwan
Hongyuan Overseas
2.97% 6,386,820 0
Securities (Hong corporate
Kong) co., LTD
GUOTAI
Overseas 2.50% 5,379,114 0
JUNAN
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
SECURITIES(H corporate
ONGKONG)
LIMITED
Domestic nature
Zheng Enyue 1.14% 2,449,739 0
person
Domestic nature
Sun Huiming 0.93% 2,007,110 0
person
Domestic nature
Gu Jinhua 0.87% 1,871,371 0
person
Guosen Securities
(HK) Brokerage Overseas
0.85% 1,828,682 0
Company corporate
Limited
BOCI
Overseas
SECURITIES 0.59% 1,266,945 0
corporate
LIMITED
Domestic nature
Xiang Yan 0.42% 905,602 0
person
Domestic nature
Zheng Hongquan 0.42% 905,600 0
person
Particular about top ten shareholders with tradable shares held
Type of shares
Shareholders Amount of tradable shares held
Type Amount
Domestically
Shenwan Hongyuan Securities
6,386,820 listed foreign 6,386,820
(Hong Kong) co., LTD
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 5,379,114 listed foreign 5,379,114
LIMITED shares
Domestically
Zheng Enyue 2,449,739 listed foreign 2,449,739
shares
Domestically
Sun Huiming 2,007,110 listed foreign 2,007,110
shares
Domestically
Gu Jinhua 1,871,371 listed foreign 1,871,371
shares
Domestically
Guosen Securities (HK) Brokerage 1,828,682 1,828,682
listed foreign
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Company Limited shares
Domestically
BOCI SECURITIES LIMITED 1,266,945 listed foreign 1,266,945
shares
Domestically
Xiang Yan 905,602 listed foreign 905,602
shares
Domestically
Zheng Hongquan 905,600 listed foreign 905,600
shares
Domestically
Liang Wei 772,800 listed foreign 772,800
shares
Explanation on associated Among the top ten shareholders, China Potevio Company Limited is neither a related party
relationship among the top ten nor a person acting in concert with the others. It’s unknown by the Company whether there
shareholders or consistent action are related parties or persons acting in concert among the other shareholders.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders (if
applicable)
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
Top ten common shareholders or top ten common shareholders with un-restrict shares not held have a buy-back agreement dealing in
reporting period
2. Total of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
Items September 30, December 31, 2019 / Change ratio Main reasons for changes
Changed amount (R
2020/January-Septe January to September
MB)
mber 2020 (yuan) 2019 (yuan)
142,775,811.83 261,270,033.28 -118,494,221.45 -45.35% Paying purchase of receivable in the
Monetary fund
Period due to the need of operation.
Bill receivable 10,319,290.58 59,653,053.58 -49,333,763.00 -82.70% Transfer the endorsement of trade
bill in the Period.
Receivable financing 100,000.00 3,821,550.77 -3,721,550.77 -97.38% Transfer the endorsement of bank
acceptance in the Period.
Stock 280,227,113.12 209,397,286.17 70,829,826.95 33.83% During the Period, some of the
projects are not approach the
condition of revenue recognition,
delivery of goods increased; and
stock up for later phases.
Other current assets 16,127,655.17 11,610,245.99 4,517,409.18 38.91% Input tax of the VAT to be deducted
increased.
Construction in 19,286,278.58 13,048,701.59 6,237,576.99 47.80% Investment for the construction
progress project from subsidiary.
Total owner's equity 109,496,218.17 169,543,106.29 -60,046,888.12 -35.42% Loss in the Period, and the owners’
attributable to the equity declined correspondingly.
parent company
Operating income 663,139,943.08 1,034,716,511.73 -371,576,568.65 -35.91% During the reporting period, the
COVID-19 and macro market
environment have certain adverse
effect to the Company’s business
development, furthermore, in order
to adapt to the market change, the
Company adjust the industrial
structure actively, sales revenue has
a y-o-y declined in the Period.
Operation costs 531,912,844.26 850,889,156.17 -318,976,311.91 -37.49% Operation revenue declined and
with the strong controls in costs,
operation costs declined
correspondingly.
Management 40,739,708.08 64,931,448.81 -24,191,740.73 -37.26% The Company put more efforts on
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
expenses the internal management in the
Period, and strives to reduce the
management expenses.
R&D expenses 34,351,953.11 50,780,178.34 -16,428,225.23 -32.35% Affected by the COVID-19,
resumption of work delayed and the
R&D expenses reduced
accordingly.
Other income 7,928,748.71 5,431,925.01 2,496,823.70 45.97% Revenue from government subsidy
increased on a y-o-y basis.
Asset impairment -2,207,163.50 -2,207,163.50 100.00% Loss of inventory impairment
loss increased on a y-o-y basis.
Credit impairment -5,272,892.33 75,296.00 -5,348,188.33 -7102.89% Impairment loss of receivable
loss increased on a y-o-y basis.
Asset disposal 10,958,898.88 51,857.87 10,907,041.01 21032.57% Revenue from assets disposal
income increased on a y-o-y basis.
Operating profit -45,021,782.28 -66,101,632.53 21,079,850.25 31.89% During the reporting period, sales
revenue declined from a year
earlier, however, due to the strong
internal management and cost
controlling, periodic expenses
declined on a y-o-y basis; earnings
from assets disposal increased on a
y-o-y basis.
The total profit -41,084,538.04 -63,844,230.26 22,759,692.22 35.65% During the reporting period,
periodic expenses declined on a
y-o-y basis due to the strong
internal management and operation
cost control; earnings from assets
disposal increased on a y-o-y basis.
24,308,791.38 -174,200,790.16 198,509,581.54 113.95% Face of the adverse impact of
epidemic, the Company increased
the collection of payment, controls
Net cash flow arising the operation risks and strictly
from operation controlled all expenses at the same
activities time to reduce costs and increase
the efficiency, the net cash flow
from operation increased on a y-o-y
basis.
Subtotal cash inflow 23,424,811.00 1,616,022.97 21,808,788.03 1349.53% Cash received from asset disposal in
from investment the Period increased on a y-o-y
activities basis.
Net cash flow arising 16,227,615.55 -6,588,145.80 22,815,761.35 346.32% Cash received from asset disposal in
from investment the Period increased on a y-o-y
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
activities basis.
Subtotal cash inflow 172,737,283.33 381,580,273.89 -208,842,990.56 -54.73% Some of the loans repayment is due
from financing in the Period.
activities
Net cash flow arising -148,103,581.55 54,383,791.05 -202,487,372.60 -372.33% Some of the loans repayment is due
from financing in the Period.
activities
II. Progress and influence of the main events as well as solution analysis specification
√ Applicable □Not applicable
During the reporting period, the Company plans to transfer the 49.64% equity of stock-jointly enterprise-Putian Hi-Tech Industry Co.,
Ltd through listing, and the land property locates on No.1 Putian Road. And the plan of major assets reorganization released on 14
October 2020, found more in relevant notice.
Information index for temporary report
Overview Date for disclosure
disclosure
Suggestive announcement on plans of
June 4, 2020 Juchao Website (www.cninfo.com.cn)
major assets reorganization
June 18, 2020 Juchao Website (www.cninfo.com.cn)
July 6, 2020 Juchao Website (www.cninfo.com.cn)
July 20, 2020 Juchao Website (www.cninfo.com.cn)
Progress of the major assets reorganization
August 3, 2020 Juchao Website (www.cninfo.com.cn)
August 17, 2020 Juchao Website (www.cninfo.com.cn)
August 31, 2020 Juchao Website (www.cninfo.com.cn)
Progress of the major assets reorganization
and adjustment of the items with September 14, 2020 Juchao Website (www.cninfo.com.cn)
reorganization concerned
Progress of the major assets reorganization September 28, 2020 Juchao Website (www.cninfo.com.cn)
Plan for sales of major assets October 14, 2020 Juchao Website (www.cninfo.com.cn)
Progress of shares buy-back
□ Applicable √ Not applicable
Implementation progress of the reduction of repurchases shares by centralized bidding
□ Applicable √ Not applicable
III. Commitments that the company, shareholders, actual controller, offeror, directors,
supervisors, senior management or other related parties have fulfilled during the reporting
period and have not yet fulfilled by the end of reporting period
□ Applicable √ Not applicable
There are no commitments that the company, shareholders, actual controller, offeror, directors, supervisors, senior management or
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
other related parties have fulfilled during the reporting period and have not yet fulfilled by the end of reporting period.
IV. Financial asset investment
1. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
2. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
V. Progress of investment projects with raised funds
□ Applicable √ Not applicable
VI. Prediction of 2020 business performance
Estimation on 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 on reason
□ Applicable √ Not applicable
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Trust financing
□ Applicable √ Not applicable
The Company had no trust financing in Period.
IX. Guarantee outside against the regulation
□Applicable √Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
X. Non-operational fund occupation from controlling shareholders and its related party
□ Applicable √ Not applicable
The Company had no non-operational fund occupation from controlling shareholders and its related party.
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
XI. Registration form for receiving research, communication and interview in the report
period
□Applicable √Not applicable
The Company had no receiving research, communication or interview in the report period.
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Nanjing Putian Telecommunications Co., Ltd.
September 30, 2020
In RMB
Item September 30, 2020 December 31, 2019
Current assets:
Monetary funds 142,775,811.83 261,270,033.28
Settlement provisions
Capital lent
Tradable financial assets
Derivative financial assets
Note receivable 10,319,290.58 59,653,053.58
Account receivable 608,561,629.61 697,656,063.96
Receivable financing 100,000.00 3,821,550.77
Accounts paid in advance 34,292,697.61 33,759,523.09
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Other account receivable 35,051,526.91 28,110,390.53
Including: Interest receivable
Dividend receivable
Buying back the sale of financial
assets
Inventories 280,227,113.12 209,397,286.17
Contractual assets
Assets held for sale
Non-current asset due within one
year
Other current assets 16,127,655.17 11,610,245.99
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Total current assets 1,127,455,724.83 1,305,278,147.37
Non-current assets:
Loans and payments on behalf
Debt investment
Other debt investment
Long-term account receivable
Long-term equity investment 181,514,313.36 181,762,383.50
Investment in other equity
741,953.00 741,953.00
instrument
Other non-current financial assets
Investment real estate 7,420,089.17 7,810,210.00
Fixed assets 106,951,893.57 110,722,102.52
Construction in progress 19,286,278.58 13,048,701.59
Productive biological asset
Oil and gas asset
Right-of-use assets
Intangible assets 27,531,249.33 28,381,246.28
Expense on Research and
Development
Goodwill
Long-term expenses to be
3,968,851.34 4,260,775.18
apportioned
Deferred income tax asset
Other non-current asset
Total non-current asset 347,414,628.35 346,727,372.07
Total assets 1,474,870,353.18 1,652,005,519.44
Current liabilities:
Short-term loans 427,000,000.00 451,915,948.50
Loan from central bank
Capital borrowed
Trading financial liability
Derivative financial liability
Note payable 72,716,574.70 81,784,929.91
Account payable 635,392,423.97 679,428,580.08
Accounts received in advance 22,148,080.67
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Contractual liability 15,988,273.03
Selling financial asset of
repurchase
Absorbing deposit and interbank
deposit
Security trading of agency
Security sales of agency
Wage payable 17,576,009.70 21,602,707.70
Taxes payable 7,525,772.81 4,125,566.60
Other account payable 65,284,098.59 61,246,678.81
Including: Interest payable
Dividend payable 1,692,213.38 12,538,813.38
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities due within
2,926,070.53 10,820,807.35
one year
Other current liabilities
Total current liabilities 1,244,409,223.33 1,333,073,299.62
Non-current liabilities:
Insurance contract reserve
Long-term loans
Bonds payable
Including: Preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable 12,827,205.03 12,827,205.03
Long-term wages payable
Accrual liability
Deferred income 4,698,897.00 6,004,873.00
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 17,526,102.03 18,832,078.03
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Total liabilities 1,261,935,325.36 1,351,905,377.65
Owner’s equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: Preferred stock
Perpetual capital
securities
Capital public reserve 185,374,533.85 185,374,533.85
Less: Inventory shares
Other comprehensive income -6,776,124.71 -6,776,124.85
Reasonable reserve
Surplus public reserve 589,559.77 589,559.77
Provision of general risk
Retained profit -284,691,750.74 -224,644,862.48
Total owner’ s equity attributable to
109,496,218.17 169,543,106.29
parent company
Minority interests 103,438,809.65 130,557,035.50
Total owner’ s equity 212,935,027.82 300,100,141.79
Total liabilities and owner’ s equity 1,474,870,353.18 1,652,005,519.44
Legal representative: Wang Wenkui
Person in charger of accounting works: Wang Huailin
Person in charge of accounting organ: Wang Huailin
2. Balance Sheet of Parent Company
In RMB
Item September 30, 2020 December 31, 2019
Current assets:
Monetary funds 61,854,488.36 75,513,546.51
Trading financial assets
Derivative financial assets
Note receivable 2,180,607.60
Account receivable 246,491,737.39 415,997,318.07
Receivable financing 2,307,438.00
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Accounts paid in advance 4,050,889.88 13,234,147.98
Other account receivable 52,572,356.41 26,761,817.07
Including: Interest receivable
Dividend receivable
Inventories 137,001,647.79 73,809,627.64
Contractual assets
Assets held for sale
Non-current assets maturing within
one year
Other current assets 8,252,459.99 2,778,241.54
Total current assets 510,223,579.82 612,582,744.41
Non-current assets:
Debt investment
Other debt investment
Long-term receivables
Long-term equity investments 332,822,064.00 333,070,134.14
Investment in other equity
741,953.00 741,953.00
instrument
Other non-current financial assets
Investment real estate
Fixed assets 50,839,923.07 52,382,989.60
Construction in progress
Productive biological assets
Oil and natural gas assets
Right-of-use assets
Intangible assets 11,058,345.69 11,557,138.68
Research and development costs
Goodwill
Long-term deferred expenses 3,049,303.34 3,129,023.74
Deferred income tax assets
Other non-current assets
Total non-current assets 398,511,589.10 400,881,239.16
Total assets 908,735,168.92 1,013,463,983.57
Current liabilities
Short-term borrowings 352,000,000.00 371,812,627.72
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Trading financial liability
Derivative financial liability
Notes payable 72,716,574.70 81,784,929.91
Account payable 243,232,418.68 274,182,241.12
Accounts received in advance 7,517,427.53
Contractual liability 3,958,048.68
Wage payable 8,024,439.64 8,135,211.34
Taxes payable -124,183.46 199,408.61
Other accounts payable 174,894,799.45 213,090,147.71
Including: Interest payable
Dividend payable
Liability held for sale
Non-current liabilities due within
2,926,070.53 10,820,807.35
one year
Other current liabilities
Total current liabilities 857,628,168.22 967,542,801.29
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital
securities
Lease liability
Long-term account payable 12,827,205.03 12,827,205.03
Long term employee compensation
payable
Accrued liabilities
Deferred income 1,000,000.00 1,000,000.00
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 13,827,205.03 13,827,205.03
Total liabilities 871,455,373.25 981,370,006.32
Owners’ equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Including: preferred stock
Perpetual capital
securities
Capital public reserve 172,417,299.81 172,417,299.81
Less: Inventory shares
Other comprehensive income -1,854,910.00 -1,854,910.00
Special reserve
Surplus reserve 589,559.76 589,559.76
Retained profit -348,872,153.90 -354,057,972.32
Total owner’s equity 37,279,795.67 32,093,977.25
Total liabilities and owner’s equity 908,735,168.92 1,013,463,983.57
3. Consolidated Profit Statement (the period)
In RMB
Item Current period Last period
I. Total operating income 257,967,139.46 277,519,139.93
Including: Operating income 257,967,139.46 277,519,139.93
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 264,060,352.39 290,840,607.90
Including: Operating cost 204,136,851.86 217,793,388.10
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
Tax and extras 6,207,248.99 1,479,817.40
Sales expense 24,599,016.71 30,816,177.32
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Administrative expense 13,206,350.47 17,671,873.14
R&D expense 10,351,773.98 14,871,137.85
Financial expense 5,559,110.38 8,208,214.09
Including: Interest
8,035,412.71 10,155,341.90
expenses
Interest income 1,006,752.42 -1,644,355.60
Add: other income 1,475,940.87 -574,917.29
Investment income (Loss is
70.24 451.53
listed with “-”)
Including: Investment income
70.24 451.53
on affiliated company and joint venture
The termination of income
recognition for financial assets measured
by amortized cost(Loss is listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
91,428.02 743,808.60
(Loss is listed with “-”)
Losses of devaluation of asset
1,091,680.66
(Loss is listed with “-”)
Income from assets disposal
10,957,654.37 -46,982.80
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
7,523,561.23 -13,199,107.93
“-”)
Add: Non-operating income 1,450,696.04 1,234,394.90
Less: Non-operating expense 632,867.21 50,455.76
IV. Total profit (Loss is listed with “-”) 8,341,390.06 -12,015,168.79
Less: Income tax expense 2,576,042.15 -714,264.39
V. Net profit (Net loss is listed with “-”) 5,765,347.91 -11,300,904.40
(i) Classify by business continuity
1.continuous operating net profit
5,765,347.91 -11,300,904.40
(net loss listed with ‘-”)
2.termination of net profit (net loss
listed with ‘-”)
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Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
(ii) Classify by ownership
1.Net profit attributable to owner’s
-1,190,034.23 -16,033,203.08
of parent company
2.Minority shareholders’ gains and
6,955,382.14 4,732,298.68
losses
VI. Net after-tax of other comprehensive
724,622.93 72,045.56
income
Net after-tax of other comprehensive
income attributable to owners of parent 652,160.64 64,841.00
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(ii) Other comprehensive income
items which will be reclassified 652,160.64 64,841.00
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial assets
re-classify to other comprehensive
income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging reserve
6.Translation differences
652,160.64 64,841.00
arising on translation of foreign currency
20
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
financial statements
7.Other
Net after-tax of other comprehensive
income attributable to minority 72,462.29 7,204.56
shareholders
VII. Total comprehensive income 6,489,970.84 -11,228,858.84
Total comprehensive income
-537,873.59 -15,968,362.08
attributable to owners of parent Company
Total comprehensive income
7,027,844.43 4,739,503.24
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share -0.01 -0.07
(ii) Diluted earnings per share -0.01 -0.07
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party.
Legal representative: Wang Wenkui
Person in charger of accounting works: Wang Huailin
Person in charge of accounting organ: Wang Huailin
4. Profit Statement of Parent Company (the period)
In RMB
Item Current period Last period
I. Operating income 17,905,025.73 55,016,398.63
Less: Operating cost 17,324,245.80 46,017,065.17
Taxes and surcharge 4,732,312.21 339,926.58
Sales expenses 9,585,398.15 12,227,904.89
Administration expenses 5,916,088.89 8,590,057.27
R&D expenses 1,696,093.79 3,405,244.12
Financial expenses 4,906,458.25 7,055,637.40
Including: interest
6,645,051.99 10,781,415.05
expenses
Interest income 417,428.47 63,737.62
Add: other income
Investment income (Loss is 27,460,270.24 451.53
21
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
listed with “-”)
Including: Investment income
70.24 451.53
on affiliated Company and joint venture
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Changing income of fair
value (Loss is listed with “-”)
Loss of credit impairment
270,233.08 -2,496,905.43
(Loss is listed with “-”)
Losses of devaluation of asset
7,043.75
(Loss is listed with “-”)
Income on disposal of assets
10,980,913.53 -48,767.77
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
12,462,889.24 -25,164,658.47
“-”)
Add: Non-operating income 221.50 26,919.61
Less: Non-operating expense 352,431.89 50,000.00
III. Total Profit (Loss is listed with “-”) 12,110,678.85 -25,187,738.86
Less: Income tax
IV. Net profit (Net loss is listed with
12,110,678.85 -25,187,738.86
“-”)
(i)continuous operating net profit
12,110,678.85 -25,187,738.86
(net loss listed with ‘-”)
(ii) termination of net profit (net
loss listed with ‘-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
22
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial
assets re-classify to other
comprehensive income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging
reserve
6.Translation differences
arising on translation of foreign
currency financial statements
7.Other
VI. Total comprehensive income 12,110,678.85 -25,187,738.86
VII. Earnings per share:
(i) Basic earnings per share 0.06 -0.12
(ii) Diluted earnings per share 0.06 -0.12
5. Consolidated Profit Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Total operating income 663,139,943.08 1,034,716,511.73
Including: Operating income 663,139,943.08 1,034,716,511.73
Interest income
Insurance gained
Commission charge and
23
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
commission income
II. Total operating cost 719,431,447.78 1,105,935,444.51
Including: Operating cost 531,912,844.26 850,889,156.17
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
Tax and extras 8,497,285.92 5,973,001.08
Sales expense 83,410,409.36 109,329,639.37
Administrative expense 40,739,708.08 64,931,448.81
R&D expense 34,351,953.11 50,780,178.34
Financial expense 20,519,247.05 24,032,020.74
Including: Interest
23,312,330.97 22,451,433.76
expenses
Interest income 3,394,170.15 756,066.93
Add: other income 7,928,748.71 5,431,925.01
Investment income (Loss is
-137,869.34 -441,778.63
listed with “-”)
Including: Investment income
-137,869.34 -441,778.63
on affiliated company and joint venture
The termination of income
recognition for financial assets measured
by amortized cost(Loss is listed with “-”)
Exchange income (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Income from change of fair
value (Loss is listed with “-”)
Loss of credit impairment
-5,272,892.33 75,296.00
(Loss is listed with “-”)
24
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Losses of devaluation of asset
-2,207,163.50
(Loss is listed with “-”)
Income from assets disposal
10,958,898.88 51,857.87
(Loss is listed with “-”)
III. Operating profit (Loss is listed with
-45,021,782.28 -66,101,632.53
“-”)
Add: Non-operating income 5,219,519.02 2,546,510.07
Less: Non-operating expense 1,282,274.78 289,107.80
IV. Total profit (Loss is listed with “-”) -41,084,538.04 -63,844,230.26
Less: Income tax expense 4,818,276.07 1,352,515.26
V. Net profit (Net loss is listed with “-”) -45,902,814.11 -65,196,745.52
(i) Classify by business continuity
1.continuous operating net profit
-45,902,814.11 -65,196,745.52
(net loss listed with ‘-”)
2.termination of net profit (net loss
listed with ‘-”)
(ii) Classify by ownership
1.Net profit attributable to owner’s
-60,046,888.26 -73,561,727.96
of parent company
2.Minority shareholders’ gains and
14,144,074.15 8,364,982.44
losses
VI. Net after-tax of other comprehensive
0.15 -55.77
income
Net after-tax of other comprehensive
income attributable to owners of parent 0.14 -50.20
company
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
25
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
5. Other
(ii) Other comprehensive income
items which will be reclassified 0.14 -50.20
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial assets
re-classify to other comprehensive
income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging reserve
6.Translation differences
arising on translation of foreign currency 0.14 -50.20
financial statements
7.Other
Net after-tax of other comprehensive
income attributable to minority 0.01 -5.57
shareholders
VII. Total comprehensive income -45,902,813.96 -65,196,801.29
Total comprehensive income
-60,046,888.12 -73,561,778.16
attributable to owners of parent Company
Total comprehensive income
14,144,074.16 8,364,976.87
attributable to minority shareholders
VIII. Earnings per share:
(i) Basic earnings per share -0.28 -0.34
(ii) Diluted earnings per share -0.28 -0.34
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party.
Legal representative: Wang Wenkui
Person in charger of accounting works: Wang Huailin
Person in charge of accounting organ: Wang Huailin
26
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
6. Profit Statement of Parent Company (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Operating income 80,505,439.34 396,428,217.21
Less: Operating cost 79,819,319.60 367,175,356.61
Taxes and surcharge 5,285,768.64 1,313,334.89
Sales expenses 32,076,976.60 40,603,458.09
Administration expenses 18,139,468.87 33,017,518.85
R&D expenses 5,922,197.80 12,053,250.85
Financial expenses 19,403,348.62 22,010,410.75
Including: interest
19,799,658.77 20,650,023.56
expenses
Interest income 865,525.33 545,584.57
Add: other income 1,262,915.62 800,000.00
Investment income (Loss is
82,589,830.66 -441,778.63
listed with “-”)
Including: Investment income
-137,869.34 -441,778.63
on affiliated Company and joint venture
The termination of
income recognition for financial assets
measured by amortized cost (Loss is
listed with “-”)
Net exposure hedging income
(Loss is listed with “-”)
Changing income of fair
value (Loss is listed with “-”)
Loss of credit impairment
-5,363,182.85 65,296.00
(Loss is listed with “-”)
Losses of devaluation of asset
-3,291,800.41
(Loss is listed with “-”)
Income on disposal of assets
11,048,905.89 -40,345.94
(Loss is listed with “-”)
II. Operating profit (Loss is listed with
6,105,028.12 -79,361,941.40
“-”)
Add: Non-operating income 40,621.81 981,722.20
Less: Non-operating expense 959,831.51 287,491.39
III. Total Profit (Loss is listed with “-”) 5,185,818.42 -78,667,710.59
27
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Less: Income tax 0.00 0.00
IV. Net profit (Net loss is listed with
5,185,818.42 -78,667,710.59
“-”)
(i)continuous operating net profit
5,185,818.42 -78,667,710.59
(net loss listed with ‘-”)
(ii) termination of net profit (net
loss listed with ‘-”)
V. Net after-tax of other comprehensive
income
(I) Other comprehensive income
items which will not be reclassified
subsequently to profit of loss
1.Changes of the defined
benefit plans that re-measured
2.Other comprehensive
income under equity method that cannot
be transfer to gain/loss
3.Change of fair value of
investment in other equity instrument
4.Fair value change of
enterprise's credit risk
5. Other
(II) Other comprehensive income
items which will be reclassified
subsequently to profit or loss
1.Other comprehensive
income under equity method that can
transfer to gain/loss
2.Change of fair value of
other debt investment
3.Amount of financial
assets re-classify to other
comprehensive income
4.Credit impairment
provision for other debt investment
5.Cash flow hedging
reserve
6.Translation differences
arising on translation of foreign
28
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
currency financial statements
7.Other
VI. Total comprehensive income 5,185,818.42 -78,667,710.59
VII. Earnings per share:
(i) Basic earnings per share 0.02 -0.37
(ii) Diluted earnings per share 0.02 -0.37
7. Consolidated Cash Flow Statement (form the year-begin to the period-end)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 837,308,408.63 956,964,700.46
services
Net increase of customer deposit
and interbank deposit
Net increase of loan from central
bank
Net increase of capital borrowed
from other financial institution
Cash received from original
insurance contract fee
Net cash received from reinsurance
business
Net increase of insured savings
and investment
Cash received from interest,
commission charge and commission
Net increase of capital borrowed
Net increase of returned business
capital
Net cash received by agents in sale
and purchase of securities
Write-back of tax received 3,783,604.26 7,497,786.72
Other cash received concerning
33,407,061.67 40,017,543.26
operating activities
Subtotal of cash inflow arising from
874,499,074.56 1,004,480,030.44
operating activities
Cash paid for purchasing 613,767,225.97 828,366,156.39
29
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
commodities and receiving labor
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
Net increase of capital lent
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 131,483,655.15 176,788,081.38
Taxes paid 34,698,634.15 60,194,143.85
Other cash paid concerning
70,240,767.91 113,332,438.98
operating activities
Subtotal of cash outflow arising from
850,190,283.18 1,178,680,820.60
operating activities
Net cash flows arising from operating
24,308,791.38 -174,200,790.16
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
1,183,862.97
investment
Cash received from investment
income
Net cash received from disposal of
fixed, intangible and other long-term 23,424,811.00 432,160.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
23,424,811.00 1,616,022.97
activities
Cash paid for purchasing fixed,
7,197,195.45 8,204,168.77
intangible and other long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units obtained
30
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
7,197,195.45 8,204,168.77
activities
Net cash flows arising from investing
16,227,615.55 -6,588,145.80
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 172,737,283.33 323,019,010.00
Other cash received concerning
58,561,263.89
financing activities
Subtotal of cash inflow from financing
172,737,283.33 381,580,273.89
activities
Cash paid for settling debts 220,222,119.03 283,632,574.54
Cash paid for dividend and profit
56,888,680.68 23,459,616.76
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by 38,316,995.00
subsidiaries
Other cash paid concerning
43,730,065.17 20,104,291.54
financing activities
Subtotal of cash outflow from financing
320,840,864.88 327,196,482.84
activities
Net cash flows arising from financing
-148,103,581.55 54,383,791.05
activities
IV. Influence on cash and cash
equivalents due to fluctuation in 225,461.14 104,777.47
exchange rate
V. Net increase of cash and cash
-107,341,713.48 -126,300,367.44
equivalents
Add: Balance of cash and cash
208,783,866.60 201,369,317.42
equivalents at the period -begin
VI. Balance of cash and cash
101,442,153.12 75,068,949.98
equivalents at the period -end
8. Cash Flow Statement of Parent Company (form the year-begin to the period-end)
In RMB
31
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Item Current period Last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 262,359,978.62 273,933,042.75
services
Write-back of tax received 135,077.85
Other cash received concerning
69,629,151.54 32,841,184.43
operating activities
Subtotal of cash inflow arising from
332,124,208.01 306,774,227.18
operating activities
Cash paid for purchasing
commodities and receiving labor 158,297,750.55 202,505,864.89
service
Cash paid to/for staff and workers 51,401,064.00 73,169,249.50
Taxes paid 6,197,955.98 17,938,872.42
Other cash paid concerning
121,602,927.49 84,037,131.12
operating activities
Subtotal of cash outflow arising from
337,499,698.02 377,651,117.93
operating activities
Net cash flows arising from operating
-5,375,490.01 -70,876,890.75
activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
82,727,700.00 400,000.00
income
Net cash received from disposal of
fixed, intangible and other long-term 23,424,011.00 75,110.00
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from investing
106,151,711.00 475,110.00
activities
Cash paid for purchasing fixed,
441,129.96 1,002,480.46
intangible and other long-term assets
Cash paid for investment
Net cash received from
subsidiaries and other units obtained
32
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Other cash paid concerning
investing activities
Subtotal of cash outflow from investing
441,129.96 1,002,480.46
activities
Net cash flows arising from investing
105,710,581.04 -527,370.46
activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans 99,737,283.33 223,019,010.00
Other cash received concerning
58,561,263.89
financing activities
Subtotal of cash inflow from financing
99,737,283.33 281,580,273.89
activities
Cash paid for settling debts 140,222,119.03 173,622,574.54
Cash paid for dividend and profit
15,480,803.76 18,485,620.63
distributing or interest paying
Other cash paid concerning
46,108,000.00 20,000,000.00
financing activities
Subtotal of cash outflow from financing
201,810,922.79 212,108,195.17
activities
Net cash flows arising from financing
-102,073,639.46 69,472,078.72
activities
IV. Influence on cash and cash
equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash
-1,738,548.43 -1,932,182.49
equivalents
Add: Balance of cash and cash
25,794,743.17 23,812,669.19
equivalents at the period -begin
VI. Balance of cash and cash
24,056,194.74 21,880,486.70
equivalents at the period -end
II. Explanation on financial statement adjustment
1. Financial statement adjustment at the beginning of the first year when implementation of new revenue
rules and new leasing rules from 2020
√ Applicable □Not applicable
Whether to adjust the balance sheet account at the beginning of the year
√ Yes □No
Consolidate balance sheet
33
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
In RMB
Item December 31, 2019 January 1, 2020 Adjustment amount
Current assets:
Monetary funds 261,270,033.28 261,270,033.28
Settlement provisions
Capital lent
Tradable financial assets
Derivative financial
assets
Note receivable 59,653,053.58 59,653,053.58
Account receivable 697,656,063.96 697,656,063.96
Receivable financing 3,821,550.77 3,821,550.77
Accounts paid in
33,759,523.09 33,759,523.09
advance
Insurance receivable
Reinsurance receivables
Contract reserve of
reinsurance receivable
Other account
28,110,390.53 28,110,390.53
receivable
Including: Interest
receivable
Dividend
receivable
Buying back the sale of
financial assets
Inventories 209,397,286.17 209,397,286.17
Contractual assets
Assets held for sale
Non-current asset due
within one year
Other current assets 11,610,245.99 11,610,245.99
Total current assets 1,305,278,147.37 1,305,278,147.37
Non-current assets:
Loans and payments on
behalf
34
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Debt investment
Other debt investment
Long-term account
receivable
Long-term equity
181,762,383.50 181,762,383.50
investment
Investment in other
741,953.00 741,953.00
equity instrument
Other non-current
financial assets
Investment real estate 7,810,210.00 7,810,210.00
Fixed assets 110,722,102.52 110,722,102.52
Construction in progress 13,048,701.59 13,048,701.59
Productive biological
asset
Oil and gas asset
Right-of-use assets
Intangible assets 28,381,246.28 28,381,246.28
Expense on Research
and Development
Goodwill
Long-term expenses to
4,260,775.18 4,260,775.18
be apportioned
Deferred income tax
asset
Other non-current asset
Total non-current asset 346,727,372.07 346,727,372.07
Total assets 1,652,005,519.44 1,652,005,519.44
Current liabilities:
Short-term loans 451,915,948.50 451,915,948.50
Loan from central bank
Capital borrowed
Trading financial
liability
Derivative financial
liability
Note payable 81,784,929.91 81,784,929.91
35
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Account payable 679,428,580.08 679,428,580.08
Accounts received in
22,148,080.67 -22,148,080.67
advance
Contractual liability 22,148,080.67 22,148,080.67
Selling financial asset of
repurchase
Absorbing deposit and
interbank deposit
Security trading of
agency
Security sales of agency
Wage payable 21,602,707.70 21,602,707.70
Taxes payable 4,125,566.60 4,125,566.60
Other account payable 61,246,678.81 61,246,678.81
Including: Interest
payable
Dividend
12,538,813.38 12,538,813.38
payable
Commission charge and
commission payable
Reinsurance payable
Liability held for sale
Non-current liabilities
10,820,807.35 10,820,807.35
due within one year
Other current liabilities
Total current liabilities 1,333,073,299.62 1,333,073,299.62
Non-current liabilities:
Insurance contract
reserve
Long-term loans
Bonds payable
Including: Preferred
stock
Perpetual
capital securities
Lease liability
Long-term account 12,827,205.03 12,827,205.03
36
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
payable
Long-term wages
payable
Accrual liability
Deferred income 6,004,873.00 6,004,873.00
Deferred income tax
liabilities
Other non-current
liabilities
Total non-current liabilities 18,832,078.03 18,832,078.03
Total liabilities 1,351,905,377.65 1,351,905,377.65
Owner’s equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: Preferred
stock
Perpetual
capital securities
Capital public reserve 185,374,533.85 185,374,533.85
Less: Inventory shares
Other comprehensive
-6,776,124.85 -6,776,124.85
income
Reasonable reserve
Surplus public reserve 589,559.77 589,559.77
Provision of general risk
Retained profit -224,644,862.48 -224,644,862.48
Total owner’ s equity
attributable to parent 169,543,106.29 169,543,106.29
company
Minority interests 130,557,035.50 130,557,035.50
Total owner’ s equity 300,100,141.79 300,100,141.79
Total liabilities and owner’ s
1,652,005,519.44 1,652,005,519.44
equity
Statement of adjustment
Balance Sheet of Parent Company
In RMB
Item December 31, 2019 January 1, 2020 Adjustment amount
37
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Current assets:
Monetary funds 75,513,546.51 75,513,546.51
Trading financial assets
Derivative financial
assets
Note receivable 2,180,607.60 2,180,607.60
Account receivable 415,997,318.07 415,997,318.07
Receivable financing 2,307,438.00 2,307,438.00
Accounts paid in
13,234,147.98 13,234,147.98
advance
Other account
26,761,817.07 26,761,817.07
receivable
Including: Interest
receivable
Dividend
receivable
Inventories 73,809,627.64 73,809,627.64
Contractual assets
Assets held for sale
Non-current assets
maturing within one year
Other current assets 2,778,241.54 2,778,241.54
Total current assets 612,582,744.41 612,582,744.41
Non-current assets:
Debt investment
Other debt investment
Long-term receivables
Long-term equity
333,070,134.14 333,070,134.14
investments
Investment in other
741,953.00 741,953.00
equity instrument
Other non-current
financial assets
Investment real estate
Fixed assets 52,382,989.60 52,382,989.60
Construction in progress
38
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Productive biological
assets
Oil and natural gas
assets
Right-of-use assets
Intangible assets 11,557,138.68 11,557,138.68
Research and
development costs
Goodwill
Long-term deferred
3,129,023.74 3,129,023.74
expenses
Deferred income tax
assets
Other non-current assets
Total non-current assets 400,881,239.16 400,881,239.16
Total assets 1,013,463,983.57 1,013,463,983.57
Current liabilities
Short-term borrowings 371,812,627.72 371,812,627.72
Trading financial
liability
Derivative financial
liability
Notes payable 81,784,929.91 81,784,929.91
Account payable 274,182,241.12 274,182,241.12
Accounts received in
7,517,427.53 -7,517,427.53
advance
Contractual liability 7,517,427.53 7,517,427.53
Wage payable 8,135,211.34 8,135,211.34
Taxes payable 199,408.61 199,408.61
Other accounts payable 213,090,147.71 213,090,147.71
Including: Interest
payable
Dividend
payable
Liability held for sale
Non-current liabilities
10,820,807.35 10,820,807.35
due within one year
39
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Other current liabilities
Total current liabilities 967,542,801.29 967,542,801.29
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred
stock
Perpetual
capital securities
Lease liability
Long-term account
12,827,205.03 12,827,205.03
payable
Long term employee
compensation payable
Accrued liabilities
Deferred income 1,000,000.00 1,000,000.00
Deferred income tax
liabilities
Other non-current
liabilities
Total non-current liabilities 13,827,205.03 13,827,205.03
Total liabilities 981,370,006.32 981,370,006.32
Owners’ equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: preferred
stock
Perpetual
capital securities
Capital public reserve 172,417,299.81 172,417,299.81
Less: Inventory shares
Other comprehensive
-1,854,910.00 -1,854,910.00
income
Special reserve
Surplus reserve 589,559.76 589,559.76
Retained profit -354,057,972.32 -354,057,972.32
40
Nanjing Putian Telecommunications Co., Ltd. 2020 Third Quarterly Report
Total owner’s equity 32,093,977.25 32,093,977.25
Total liabilities and owner’s
1,013,463,983.57 1,013,463,983.57
equity
Statement of adjustment
2. Retrospective adjustment of the comparative data for initial implementation of new revenue rules and
new leasing rules from 2020
□Applicable √Not applicable
III. Audit report
Whether the 3rd quarterly report has been audited or not
□Yes √ No
The 3rd quarterly report of the Company has not been audited.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
31 October 2020
41
