Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Stock Code: 000505, 200505 Stock Name: JLKG, JL-B Announcement No. 2021-059
HAINAN JINGLIANG HOLDINGS CO., LTD.
THIRD QUARTERLY REPORT 2021
Hainan Jingliang Holdings Co., Ltd. (hereinafter referred to as the “Company”) and all the
members of the Company’s Board of Directors hereby guarantee that the contents of this
Report are true, accurate and complete and free of any misrepresentations, misleading
statements or material omissions.
Important Notes:
1. The Board of Directors, the Supervisory Committee as well as the directors, supervisors and senior
management of the Company hereby guarantee that the contents of this Report are true, accurate and complete and
free of any misrepresentations, misleading statements or material omissions, and collectively and individually
accept legal responsibility for such contents.
2. The Company’s legal representative, head for financial affairs, and head of the financial department (equivalent
to financial manager) hereby guarantee that the financial statements carried in this Report are true, accurate and
complete.
3. Indicate whether the financial statements in this Report have been audited by an independent auditor.
□Yes √ No
This report has been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese version shall prevail.
I Key Financial Information
(I) Key Accounting Data and Financial Indicators
Indicate whether there is any retrospectively restated datum in the table below.
□ Yes √ No
Q3 2021 YoY change (%) Q1-Q3 2021 YoY change (%)
Operating revenue (RMB) 2,987,496,084.26 54.93% 8,315,742,920.09 46.43%
Net profit attributable to the listed
39,778,852.22 -2.73% 128,107,050.13 11.73%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before 39,320,196.40 22.72% 122,593,533.80 22.55%
exceptional gains and losses (RMB)
Net cash generated from/used in operating
—— —— 812,177,556.88 1,035.04%
activities (RMB)
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Basic earnings per share (RMB/share) 0.05 -16.67% 0.18 12.50%
Diluted earnings per share (RMB/share) 0.05 -16.67% 0.18 12.50%
Weighted average return on equity (%) 1.41% -0.15% 4.62% -0.03%
30 September 2021 31 December 2020 Change (%)
Total assets (RMB) 5,701,260,898.37 5,695,504,493.73 0.10%
Equity attributable to the listed
2,838,599,572.54 2,710,571,543.53 4.72%
company’s shareholders (RMB)
(II) Exceptional Gains and Losses
√ Applicable □ Not applicable
Unit: RMB
Item Q3 2021 Q1-Q3 2021 Note
Gain or loss on disposal of non-current assets (inclusive of
38,075.98 -20,609.85
impairment allowance write-offs)
Government grants through profit or loss (exclusive of
government grants continuously given in the Company’s ordinary
100,664.45 897,726.08
course of business at fixed quotas or amounts as per the
government’s policies and standards)
Gain or loss on fair-value changes on held-for-trading financial
assets and liabilities & income from disposal of held-for-trading
financial assets and liabilities and available-for-sale financial 44,599.31 5,343,679.08
assets (exclusive of the effective portion of hedges that arise in
the Company’s ordinary course of business)
Non-operating income and expense other than the above 481,686.18 1,498,104.66
Other items that meet the definition of exceptional gain/loss 37.36
Less: Income tax effects 166,256.48 1,929,734.33
Non-controlling interests effects (net of tax) 40,113.62 275,686.67
Total 458,655.82 5,513,516.33 --
Other items that meet the definition of exceptional gain/loss:
□ Applicable √ Not applicable
No such cases in the Reporting Period.
Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item listed in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the
Public—Exceptional Gain/Loss Items:
□ Applicable √ Not applicable
No such cases in the Reporting Period.
(III) Changes in Key Financial Statement Line Items and Explanation
√ Applicable □ Not applicable
1. Monetary assets increased primarily driven by an increase in sales revenue received in the oils business in the
current period, of which RMB500 million would be used to repay a bank loan due early this October. As of the
date of this Report, the said amount has been repaid.
2. Held-for-trading financial assets increased primarily driven by the purchase of wealth management products
with the amount arising from the redemption of investments in cash management products upon maturity in the
current period, which decreased other current assets accordingly.
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
3. Prepayments decreased primarily driven by a decrease in soy bean and other raw material purchases for the oils
and oilseeds business, and a decrease in the prepayment percentages.
4. Construction in progress increased primarily driven by the new oil tank and pipeline extension project in the
current period.
5. Derivative financial liabilities decreased primarily driven by changes in the fair value of hedge instruments in
the current period.
6. Operating revenue increased primarily driven by rising product prices and sales in the current period.
7. Cost of sales increased primarily driven by a substantial increase in raw material cost as a result of the rising
prices of bulk commodities on the market.
8. R&D expense increased primarily driven the cost rising by more new product development projects in the
current period.
9. Return on investment increased primarily driven by increases in return on associate and joint venture
investments.
10. Gain on fair value changes decreased primarily driven by changes in the value of futures contracts.
Note: The “current period” refers to Q1-Q3 2021 herein.
II Shareholder Information
(I) Numbers of Ordinary Shareholders and Preference Shareholders with Resumed Voting Rights as well
as Holdings of Top 10 Shareholders
Unit: share
Number of preferred
shareholders with resumed
Number of ordinary shareholders at the period-end 59,568 0
voting rights at the
period-end (if any)
Top 10 shareholders
Shares in pledge, marked or
Shareholding Total shares Restricted frozen
Name of shareholder Nature of shareholder
percentage held shares held
Status Shares
BEIJING GRAIN GROUP State-owned legal
39.68% 288,439,561 0
CO., LTD. person
BEIJING STATE-OWNED
CAPITAL OPERATION AND State-owned legal
6.67% 48,510,460 0
MANAGEMENT person
COMPANY LIMITED
Domestic natural
WANG YUECHENG 5.66% 41,159,887 41,159,887
person
LISHERYNZHANMING Foreign natural person 1.03% 7,456,100 0
GOLD BUFFALO
RUNYING (TIANJIN)
EQUITY INVESTMENT
FUND MANAGEMENT
Other 0.40% 2,889,803 0
CO., LTD.—GOLD
BUFFALO RUNYING
(TIANJIN) EQUITY
INVESTMENT FUND (L.P.)
Domestic natural
MEI JIANYING 0.36% 2,604,203 0
person
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Domestic natural
LIAO JIAJUN 0.31% 2,218,100 0
person
Domestic natural
ZHANG XIAOXIA 0.27% 1,949,250 0
person
Domestic natural
WANG XIAOXING 0.23% 1,679,200 0
person
ORIENT SECURITIES
Foreign corporation 0.18% 1,330,400 0
（HONG KONG） LIMITED
Top 10 unrestricted shareholders
Shares by type
Name of shareholder Unrestricted shares held
Type Shares
RMB-denomina
BEIJING GRAIN GROUP CO., LTD. 288,439,561 ted ordinary 288,439,561
stock
RMB-denomina
BEIJING STATE-OWNED CAPITAL OPERATION
48,510,460 ted ordinary 48,510,460
AND MANAGEMENT COMPANY LIMITED
stock
Domestically
LISHERYNZHANMING 7,456,100 listed foreign 7,456,100
stock
GOLD BUFFALO RUNYING (TIANJIN) EQUITY
RMB-denomina
INVESTMENT FUND MANAGEMENT CO.,
2,889,803 ted ordinary 2,889,803
LTD.—GOLD BUFFALO RUNYING (TIANJIN)
stock
EQUITY INVESTMENT FUND (L.P.)
RMB-denomina
MEI JIANYING 2,604,203 ted ordinary 2,604,203
stock
RMB-denomina
LIAO JIAJUN 2,218,100 ted ordinary 2,218,100
stock
Domestically
ZHANG XIAOXIA 1,949,250 listed foreign 1,949,250
stock
RMB-denomina
WANG XIAOXING 1,679,200 ted ordinary 1,679,200
stock
Domestically
ORIENT SECURITIES （HONG KONG） LIMITED 1,330,400 listed foreign 1,330,400
stock
RMB-denomina
YANG SHULING 1,122,900 ted ordinary 1,122,900
stock
① Beijing State-Owned Capital Operation and Management Company
Limited owns 100% of Beijing Grain Group Co., Ltd., and Beijing Grain
Group Co., Ltd. is the controlling shareholder of the Company (a 39.68%
Related or acting-in-concert parties among the
holding). ② Wang Yuecheng is a Deputy General Manager of the
shareholders above
Company. Apart from the aforesaid, the Company does not know whether
there are any other related parties or acting-in-concert parties among the top
10 shareholders.
①Shareholder Liao Jiajun held 2,218,100 shares in the Company through
his account of collateral securities for margin trading in Soochow Securities
Top 10 shareholders engaged in securities margin
Co., Ltd. ② Shareholder Wang Xiaoxing held 1,679,200 shares in the
trading (if any)
Company through his account of collateral securities for margin trading in
Shenwan Hongyuan Securities Co., Ltd.
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
(II) Number of Preference Shareholders and Shareholdings of Top 10 of Them
□ Applicable √ Not applicable
III Other Significant Events
√ Applicable □ Not applicable
1. Jingliang (Yueyang) Grain and Oil Industry Co., Ltd. jointly invested and incorporated by the Company and
Sinograin Oils Co., Ltd. completed the industrial and commercial registration procedures and obtained the
Business License granted by Administration for Market Regulation of Yueyang City. For more details, please refer
to the Announcement of Hainan Jingliang Holdings Co., Ltd. on Progress of Yueyang Oils Base Project (No.:
2021-030) disclosed by the Company on 7 July 2021.
2. The Company signed the Memorandum of Cooperation with the Management Committee of Qingdao
West-Coast Economic New Area and LDC (China) Trading Company Limited on 16 July 2021. For more details,
please refer to the Announcement of Hainan Jingliang Holdings Co., Ltd. on Signing the Memorandum of
Cooperation (No.: 2021-033) disclosed by the Company on 17 July 2021.
3. The Company received the Reply on Approval of the Registration of Corporate Bonds Publicly Offered by
Hainan Jingliang Holdings Co., Ltd. to Professional Investors (ZJXK [2021] No.2922) from China Securities
Regulatory Commission on 13 September 2021, in which, the Company’s application for registration of corporate
bonds publicly offered to professional investors with total par value not exceeding RMB500 million was approved.
For more details, please refer to the Announcement of Hainan Jingliang Holdings Co., Ltd. on Receiving the
Registration Reply from China Securities Regulatory Commission on the Corporate Bonds Publicly Offered to
Professional Investors (No.: 2021-046) disclosed by the Company on 14 September 2021.
4. The Company signed the Conditional Share Subscription Agreement with Beijing Capital Agribusiness &
Foods Group on 30 September 2021 intending to privately place A-shares to it with total shares not exceeding
105,633,802 shares (inclusive) and total raised fund not exceeding RMB600 million (inclusive). Matters related to
this private placement of shares and related-party transactions are subject to the approval of the shareholders’
meeting and China Securities Regulatory Commission. For more details, please refer to relevant announcements
disclosed by the Company on 8 October 2021.
IV Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by Hainan Jingliang Holdings Co., Ltd.
30 September 2021
Unit: RMB
Item 30 September 2021 31 December 2020
Current assets:
Monetary assets 1,011,251,284.94 335,466,169.61
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Settlement reserve
Loans to other banks and financial institutions
Held-for-trading financial assets 597,350,671.73 63,478,071.73
Derivative financial assets
Notes receivable 456,565.85
Accounts receivable 105,642,011.82 92,245,667.60
Receivables financing
Prepayments 159,782,953.26 282,343,218.05
Premiums receivable
Reinsurance receivables
Receivable reinsurance contract reserve
Other receivables 233,178,882.49 541,905,656.97
Including: Interest receivable
Dividends receivable
Financial assets purchased under resale agreements
Inventories 1,264,542,051.22 1,225,083,742.26
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets 29,290,088.43 845,450,678.36
Total current assets 3,401,037,943.89 3,386,429,770.43
Non-current assets:
Loans and advances to customers
Debt investments
Other debt investments
Long-term receivables
Long-term equity investments 224,648,997.13 217,762,487.79
Investments in other equity instruments 20,000,000.00 20,000,000.00
Other non-current financial assets
Investment property 21,325,640.13 22,560,212.50
Fixed assets 1,067,588,515.83 1,131,143,854.07
Construction in progress 41,916,932.92 28,458,413.67
Productive living assets
Oil and gas assets
Right-of-use assets 2,206,088.13
Intangible assets 343,122,974.39 354,139,335.32
Development costs
Goodwill 191,394,422.51 191,394,422.51
Long-term prepaid expense 21,045,944.53 20,529,601.50
Deferred income tax assets 30,571,663.90 3,346,814.27
Other non-current assets 336,401,775.01 319,739,581.67
Total non-current assets 2,300,222,954.48 2,309,074,723.30
Total assets 5,701,260,898.37 5,695,504,493.73
Current liabilities:
Short-term borrowings 1,467,682,539.13 1,497,414,079.05
Borrowings from the central bank
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Loans from other banks and financial institutions
Held-for-trading financial liabilities
Derivative financial liabilities 19,755,046.97 371,219,136.84
Notes payable
Accounts payable 98,310,670.45 75,384,075.39
Advances from customers 1,501,064.61 1,087,874.02
Contract liabilities 452,742,464.99 346,874,260.90
Financial assets sold under repurchase agreements
Customer deposits and deposits from other banks and financial
institutions
Payables for acting trading of securities
Payables for underwriting of securities
Employee benefits payable 10,063,161.12 33,345,136.94
Taxes and levies payable 90,559,900.48 50,884,214.64
Other payables 76,337,198.39 72,292,881.24
Including: Interest payable 21,082,795.47 21,082,795.47
Dividends payable 3,213,302.88 11,013,302.88
Fees and commissions payable
Reinsurance payables
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities
Other current liabilities 79,886,327.39 8,319,696.79
Total current liabilities 2,296,838,373.53 2,456,821,355.81
Non-current liabilities:
Insurance contract reserve
Long-term borrowings 71,000,000.00
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities 2,215,736.93
Long-term payables
Long-term employee benefits payable 5,677,134.00 5,677,134.00
Provisions
Deferred income 67,317,050.56 68,716,699.34
Deferred income tax liabilities 43,787,612.77 65,115,801.22
Other non-current liabilities
Total non-current liabilities 189,997,534.26 139,509,634.56
Total liabilities 2,486,835,907.79 2,596,330,990.37
Owners’ equity:
Share capital 726,950,251.00 726,950,251.00
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserves 1,674,828,350.95 1,674,828,350.95
Less: Treasury stock
Other comprehensive income -442,279.78 -363,258.66
Specific reserve
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Surplus reserves 122,122,436.98 122,122,436.98
General reserve
Retained earnings 315,140,813.39 187,033,763.26
Total equity attributable to owners of the Company as the parent 2,838,599,572.54 2,710,571,543.53
Non-controlling interests 375,825,418.04 388,601,959.83
Total owners’ equity 3,214,424,990.58 3,099,173,503.36
Total liabilities and owners’ equity 5,701,260,898.37 5,695,504,493.73
Legal representative: Li Shaoling Head for financial affairs: Guan Ying
Head of the financial department: Liu Quanli
2. Consolidated Income Statement for Q1~Q3
Unit: RMB
Item Q1~Q3 2021 Q1~Q3 2020
1. Revenues 8,315,742,920.09 5,679,115,769.38
Including: Operating revenue 8,315,742,920.09 5,679,115,769.38
Interest income
Insurance premium income
Fee and commission income
2. Costs and expenses 8,081,991,216.67 5,471,569,621.49
Including: Cost of sales 7,776,768,013.40 5,155,654,135.99
Interest expense
Fee and commission expense
Surrenders
Net insurance claims paid
Net amount provided as insurance contract reserve
Expenditure on policy dividends
Reinsurance premium expense
Taxes and levies 18,461,769.53 14,256,389.78
Selling expense 117,943,899.25 150,624,014.01
Administrative expense 132,962,334.98 121,904,630.55
R&D expense 9,256,210.41 6,466,632.88
Finance costs 26,598,989.10 22,663,818.28
Including: Interest expense 31,651,500.07 18,919,769.38
Interest income 7,581,291.29 7,640,376.87
Add: Other income 9,275,885.46 9,256,058.96
Return on investment (“-” for loss) 37,881,484.99 26,356,075.22
Including: Share of profit or loss of joint ventures and
31,566,509.34 10,405,201.69
associates
Income from the derecognition of financial assets at
amortized cost (“-” for loss)
Exchange gain (“-” for loss)
Net gain on exposure hedges (“-” for loss)
Gain on changes in fair value (“-” for loss) -95,948,905.70 -57,915,198.40
Credit impairment loss (“-” for loss) 18,054.91
Asset impairment loss (“-” for loss) 40,000.00
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Asset disposal income (“-” for loss) -20,756.74 -30,020.88
3. Operating profit (“-” for loss) 184,957,466.34 185,253,062.79
Add: Non-operating income 1,798,665.21 851,815.96
Less: Non-operating expense 300,560.55 1,570,361.13
4. Gross profit (“-” for loss) 186,455,571.00 184,534,517.62
Less: Income tax expense 44,100,653.47 43,538,676.24
5. Net profit (“-” for net loss) 142,354,917.53 140,995,841.38
5.1 By operating continuity
5.1.1 Net profit from continuing operations (“-” for net loss) 142,354,917.53 140,995,841.38
5.1.2 Net profit from discontinued operations (“-” for net loss)
5.2 By ownership
5.2.1 Net profit attributable to owners of the Company as the
128,107,050.13 114,657,826.14
parent
5.2.1 Net profit attributable to non-controlling interests 14,247,867.40 26,338,015.24
6. Other comprehensive income, net of tax -79,021.12 -185,956.06
Attributable to owners of the Company as the parent -79,021.12 -185,956.06
6.1 Items that will not be reclassified to profit or loss
6.1.1 Changes caused by remeasurements on defined benefit
schemes
6.1.2 Other comprehensive income that will not be
reclassified to profit or loss under the equity method
6.1.3 Changes in the fair value of investments in other
equity instruments
6.1.4 Changes in the fair value arising from changes in own
credit risk
6.1.5 Other
6.2 Items that will be reclassified to profit or loss -79,021.12 -185,956.06
6.2.1 Other comprehensive income that will be reclassified
to profit or loss under the equity method
6.2.2 Changes in the fair value of other debt investments
6.2.3 Other comprehensive income arising from the
reclassification of financial assets
6.2.4 Credit impairment allowance for other debt
investments
6.2.5 Reserve for cash flow hedges
6.2.6 Differences arising from the translation of foreign
-79,021.12 -185,956.06
currency-denominated financial statements
6.2.7 Other
Attributable to non-controlling interests
7. Total comprehensive income 142,275,896.41 140,809,885.32
Attributable to owners of the Company as the parent 128,028,029.01 114,471,870.08
Attributable to non-controlling interests 14,247,867.40 26,338,015.24
8. Earnings per share
8.1 Basic earnings per share 0.18 0.16
8.2 Diluted earnings per share 0.18 0.16
Where business combinations under common control occurred in the current period, the net profit achieved by the acquirees before
the combinations was RMBXXX, with the amount for the same period of last year being RMBXXX.
Legal representative: Li Shaoling Head for financial affairs: Guan Ying
Head of the financial department: Liu Quanli
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
3. Consolidated Cash Flow Statement for Q1~Q3
Unit: RMB
Item Q1~Q3 2021 Q1~Q3 2020
1. Cash flows from operating activities:
Proceeds from sale of commodities and rendering of services 9,485,114,406.99 6,130,501,668.95
Net increase in customer deposits and deposits from other banks
and financial institutions
Net increase in borrowings from the central bank
Net increase in loans from other financial institutions
Premiums received on original insurance contracts
Net proceeds from reinsurance
Net increase in deposits and investments of policy holders
Interest, fees and commissions received
Net increase in loans from other banks and financial institutions
Net increase in proceeds from repurchase transactions
Net proceeds from acting trading of securities
Tax and levy rebates 18,120,343.10 13,983,951.32
Cash generated from other operating activities 1,601,513,939.75 981,039,681.44
Subtotal of cash generated from operating activities 11,104,748,689.84 7,125,525,301.71
Payments for commodities and services 8,086,227,547.27 5,873,912,623.39
Net increase in loans and advances to customers
Net increase in deposits in the central bank and other banks and
financial institutions
Payments for claims on original insurance contracts
Net increase in loans to other banks and financial institutions
Interest, fees and commissions paid
Policy dividends paid
Cash paid to and for employees 242,680,670.19 231,484,488.18
Taxes and levies paid 158,094,365.29 141,181,130.25
Cash used in other operating activities 1,805,568,550.21 965,806,871.50
Subtotal of cash used in operating activities 10,292,571,132.96 7,212,385,113.32
Net cash generated from/used in operating activities 812,177,556.88 -86,859,811.61
2. Cash flows from investing activities:
Proceeds from disinvestment 756,252,300.48 2,021,317,255.39
Return on investment 45,217,765.34 13,741,859.72
Net proceeds from the disposal of fixed assets, intangible assets
91,284.78 128,368.58
and other long-lived assets
Net proceeds from the disposal of subsidiaries and other business
5,000,000.00
units
Cash generated from other investing activities
Subtotal of cash generated from investing activities 801,561,350.60 2,040,187,483.69
Payments for the acquisition of fixed assets, intangible assets and
44,052,585.83 22,088,912.56
other long-lived assets
Payments for investments 830,000,000.00 2,351,915,689.04
Net increase in pledged loans granted
Net payments for the acquisition of subsidiaries and other
104,730,266.66
business units
Cash used in other investing activities 578,813.60
Subtotal of cash used in investing activities 874,052,585.83 2,479,313,681.86
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Net cash generated from/used in investing activities -72,491,235.23 -439,126,198.17
3. Cash flows from financing activities:
Capital contributions received
Including: Capital contributions by non-controlling interests to
subsidiaries
Borrowings raised 2,123,279,083.94 2,371,670,609.65
Cash generated from other financing activities
Subtotal of cash generated from financing activities 2,123,279,083.94 2,371,670,609.65
Repayment of borrowings 2,083,544,876.68 1,639,317,329.25
Interest and dividends paid 102,310,728.41 34,506,528.74
Including: Dividends paid by subsidiaries to non-controlling
interests
Cash used in other financing activities
Subtotal of cash used in financing activities 2,185,855,605.09 1,673,823,857.99
Net cash generated from/used in financing activities -62,576,521.15 697,846,751.66
4. Effect of foreign exchange rates changes on cash and cash
-247,532.97 -6,809,062.59
equivalents
5. Net increase in cash and cash equivalents 676,862,267.53 165,051,679.29
Add: Cash and cash equivalents, beginning of the period 334,389,017.41 555,097,777.21
6. Cash and cash equivalents, end of the period 1,011,251,284.94 720,149,456.50
(II) Adjustments to the Financial Statements
1. Adjustments to the Financial Statements at the Beginning of the First Execution Year of the New
Standards Governing Leases from 2021
√ Applicable □ Not applicable
Whether the Company needs to adjust items in the balance sheet at the beginning of the year
√ Yes □ No
Consolidated Balance Sheet
Unit: RMB
Item 31 December 2020 1 January 2021 Adjusted
Current assets:
Monetary assets 335,466,169.61 335,466,169.61
Settlement reserve
Loans to other banks and financial
institutions
Held-for-trading financial assets 63,478,071.73 63,478,071.73
Derivative financial assets
Notes receivable 456,565.85 456,565.85
Accounts receivable 92,245,667.60 92,245,667.60
Receivables financing
Prepayments 282,343,218.05 282,234,970.05 -108,248.00
Premiums receivable
Reinsurance receivables
Receivable reinsurance contract reserve
Other receivables 541,905,656.97 541,905,656.97
Including: Interest receivable
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Dividends receivable
Financial assets purchased under resale
agreements
Inventories 1,225,083,742.26 1,225,083,742.26
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets 845,450,678.36 845,450,678.36
Total current assets 3,386,429,770.43 3,386,321,522.43 -108,248.00
Non-current assets:
Loans and advances to customers
Debt investments
Other debt investments
Long-term receivables
Long-term equity investments 217,762,487.79 217,762,487.79
Investments in other equity instruments 20,000,000.00 20,000,000.00
Other non-current financial assets
Investment property 22,560,212.50 22,560,212.50
Fixed assets 1,131,143,854.07 1,131,143,854.07
Construction in progress 28,458,413.67 28,458,413.67
Productive living assets
Oil and gas assets
Right-of-use assets 2,722,789.09 2,722,789.09
Intangible assets 354,139,335.32 354,139,335.32
Development costs
Goodwill 191,394,422.51 191,394,422.51
Long-term prepaid expense 20,529,601.50 20,529,601.50
Deferred income tax assets 3,346,814.27 3,346,814.27
Other non-current assets 319,739,581.67 319,739,581.67
Total non-current assets 2,309,074,723.30 2,311,797,512.39 2,722,789.09
Total assets 5,695,504,493.73 5,698,119,034.82 2,614,541.09
Current liabilities:
Short-term borrowings 1,497,414,079.05 1,497,414,079.05
Borrowings from the central bank
Loans from other banks and financial
institutions
Held-for-trading financial liabilities
Derivative financial liabilities 371,219,136.84 371,219,136.84
Notes payable
Accounts payable 75,384,075.39 75,384,075.39
Advances from customers 1,087,874.02 1,087,874.02
Contract liabilities 346,874,260.90 346,874,260.90
Financial assets sold under repurchase
agreements
Customer deposits and deposits from
other banks and financial institutions
Payables for acting trading of securities
Payables for underwriting of securities
Employee benefits payable 33,345,136.94 33,345,136.94
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
Taxes and levies payable 50,884,214.64 50,884,214.64
Other payables 72,292,881.24 72,292,881.24
Including: Interest payable 21,082,795.47 21,082,795.47
Dividends payable 11,013,302.88 11,013,302.88
Fees and commissions payable
Reinsurance payables
Liabilities directly associated with assets
held for sale
Current portion of non-current liabilities
Other current liabilities 8,319,696.79 8,319,696.79
Total current liabilities 2,456,821,355.81 2,456,821,355.81
Non-current liabilities:
Insurance contract reserve
Long-term borrowings
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities 2,614,541.09 2,614,541.09
Long-term payables
Long-term employee benefits payable 5,677,134.00 5,677,134.00
Provisions
Deferred income 68,716,699.34 68,716,699.34
Deferred income tax liabilities 65,115,801.22 65,115,801.22
Other non-current liabilities
Total non-current liabilities 139,509,634.56 142,124,175.65 2,614,541.09
Total liabilities 2,596,330,990.37 2,598,945,531.46 2,614,541.09
Owners’ equity:
Share capital 726,950,251.00 726,950,251.00
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserves 1,674,828,350.95 1,674,828,350.95
Less: Treasury stock
Other comprehensive income -363,258.66 -363,258.66
Specific reserve
Surplus reserves 122,122,436.98 122,122,436.98
General reserve
Retained earnings 187,033,763.26 187,033,763.26
Total equity attributable to owners of the
2,710,571,543.53 2,710,571,543.53
Company as the parent
Non-controlling interests 388,601,959.83 388,601,959.83
Total owners’ equity 3,099,173,503.36 3,099,173,503.36
Total liabilities and owners’ equity 5,695,504,493.73 5,698,119,034.82 2,614,541.09
2. Retrospective Restatement of Previous Comparative Data due to the First Execution of the New
Standards Governing Leases from 2021
□ Applicable √ Not applicable
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Hainan Jingliang Holdings Co., Ltd. Third Quarterly Report 2021
(III) Independent Auditor’s Report
Indicate by tick mark whether the financial statements above have been audited by an independent auditor.
□ Yes √ No
These financial statements have not been audited by such an auditor.
Hainan Jingliang Holdings Co., Ltd.
23 October 2021
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