无锡威孚高科技集团股份有限公司 2014 年第一季度报告全文
Weifu High-Technology Group Co., Ltd.
First Quarterly Report 2015
April 2015
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Section I. Important Notes
Board of Directors and the Supervisory Committee of Weifu High-Technology Group Co., Ltd. (hereinafter
referred to as the Company) and its directors, supervisors and senior executives should guarantee the reality,
accuracy and completion of the quarterly report, there are no any fictitious statements, misleading statements or
important omissions carried in this report, and shall take legal responsibilities, individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation
Chen Xuejun, Principal of the Company; Ou Jianbin, Person in Charge of Accounting Works and Person in
Charge of Accounting Organ(Accounting Supervisor) hereby confirm that the Financial Report of the First
Quarterly Report is authentic, accurate and complete.
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Section II. Main financial data and changes of shareholders
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not
□Yes √ No
Changes of this period over
Current Period Same period of last year
same period of last year
Operating income (RMB) 1,782,232,936.10 1,683,594,542.57 5.86%
Net profit attributable to shareholders of the
434,369,050.00 428,270,821.48 1.42%
listed company(RMB)
Net profit attributable to shareholders of the
listed company after deducting non-recurring 389,141,510.92 424,200,694.33 -8.26%
gains and losses(RMB)
Net cash flow arising from operating
208,387,101.74 138,667,588.16 50.28%
activities(RMB)
Basic earnings per share (RMB/Share) 0.43 0.42 2.38%
Diluted earnings per share (RMB/Share) 0.43 0.42 2.38%
Weighted average ROE 3.90% 4.37% -0.47%
Changes of this period-end
End of this period End of last period over same period-end of last
year
Total assets (RMB) 15,250,981,711.72 14,488,589,167.90 5.26%
Net assets attributable to shareholder of listed
11,395,175,313.91 10,859,034,688.96 4.94%
company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from
Item year-begin to Note
period-end
Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment
-259,081.90
of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed in quota or
909,000.30
ration according to national standards, which are closely relevant to enterprise’s business)
Held transaction financial asset, gains/losses of changes of fair values from transaction financial
liabilities, and investment gains from disposal of transaction financial asset, transaction financial
75,800,874.69
liabilities and financial asset available for sales, exclude the effective hedging business relevant with
normal operations of the Company
Other non-operating income and expenditure except for the aforementioned items 7,477.36
Relocation expenses -22,979,036.58
Less : impact on income tax 8,025,934.73
Impact on minority shareholders’ equity (post-tax) 225,760.06
Total 45,227,539.08 --
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
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. Total number of shareholders at the end of this report period and top ten shareholders
1. Total number of common shareholders at the end of this report period and top ten common shareholders
In shares
Total number of common shareholders
40,552
at the end of report period
Top ten common shareholders
Number of share
Proportion Amount of pledged/frozen
Amount of
Shareholder’s name Nature of shareholder of shares restricted
shares held State of
held shares held Amount
share
WUXI INDUSTRY DEVELOPMENT State-owned
20.00% 204,059,398
CROUP CO., LTD. legal person
ROBERT BOSCH GMBH Foreign legal person 14.00% 142,841,400
MERRILL LYNCH INTERNATIONAL Foreign legal person 1.66% 16,950,668
BBH BOS S/A FIDELITY FD - CHINA
Foreign legal person 1.37% 14,004,079
FOCUS FD
Puxin Investment Company – clients fund Foreign legal person 1.11% 11,347,877
UBS AG Foreign legal person 1.09% 11,128,043
National Social Security Fund-106 Domestic non-state-owned
0.97% 9,905,436
portfolio legal person
NCI—Bonus—Individual Bonus Domestic non-state-owned
0.90% 9,204,408
-018L-FH002 Shen legal person
MORGAN STANLEY & CO.
Foreign legal person 0.75% 7,678,455
INTERNATIONAL PLC.
China Construction Bank- Fullgoal Domestic non-state-owned
0.69% 7,000,000
Tianbo Innovation Theme Stock Fund, legal person
Top ten common shareholders with unrestricted shares held
Amount of Type of shares
unrestricted
Shareholder’s name
common shares Type Amount
held
WUXI INDUSTRY DEVELOPMENT CROUP CO., LTD. 204,059,398 RMB common share 204,059,398
RMB common share 115,260,600
ROBERT BOSCH GMBH 142,841,400
Domestically listed foreign share 27,580,800
MERRILL LYNCH INTERNATIONAL 16,950,668 RMB common share 16,950,668
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 14,004,079 Domestically listed foreign share 14,004,079
Puxin Investment Company – clients fund 11,347,877 RMB common share 11,347,877
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
UBS AG 11,128,043 RMB common share 11,128,043
National Social Security Fund-106 portfolio 9,905,436 RMB common share 9,905,436
NCI—Bonus—Individual Bonus -018L-FH002 Shen 9,204,408 RMB common share 9,204,408
MORGAN STANLEY & CO. INTERNATIONAL PLC. 7,678,455 RMB common share 7,678,455
China Construction Bank－Fullogoal Tianbo Innovation
7,000,000 RMB common share 7,000,000
Theme Stock Securities Investment Fund
Among the top ten shareholders, the Company knew there has no
associated relationship between Wuxi Industry Development Croup
Note of related relationship among the above shareholders Co., Ltd., the first largest shareholder of the Company, and other
and concerted actors shareholders; and they do not belong to the consistent actionist
regulated by the Management Measure of Information Disclosure on
Change of Shareholding for Listed Company.
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 shareholders with preferred stock held at Period-end and shares held by top ten shareholders with
preferred stock held
□ Applicable √ Not applicable
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
√ Applicable □ Not applicable
1. Monetary Fund: decreasing RMB 795,584,000 in period-end over that of year beginning with 33.71% down,
mainly due to the growth in the purchase of financial product at period-end;
2. Account receivable: increasing RMB 438,971,000 in period-end over that of year beginning with 36.40% up,
mainly due to the sales comparative growth on moving base;
3. Advance payment: increasing RMB 39,391,300 in period-end over that of year beginning with 39% up, mainly
because the growth in the sales and the advance payment for materials increased correspondingly in the Period;
4. Dividends receivable: increasing RMB 128,309,800 in period-end over that of year beginning, mainly because
the receivable of RBCD dividends at period-end;
5. Other current assets: increasing RMB 1,049,251,100 in period-end over that of year beginning with 57.88% up,
mainly due to the growth in purchase of financial product in the Period;
6. Project under construction: increasing RMB 149,197,500 in period-end over that of year beginning with
31.25% up, mainly due to the growth in the investment of important project of industrial park in the Period;
7. Other non-current assets: increasing RMB 110,660,300 in period-end over that of year beginning with 31.40%
up, mainly due to the growth in account paid in advance for engineering and equipment;
8. Payable taxes: increasing RMB 30,895,600 in period-end over that of year beginning with 44.07% up, mainly
due to the growth in enterprise income tax payable and other tax at period-end;
9. Other current liabilities: increasing RMB 11,175,900 in period-end over that of year beginning with 104.39%
up, mainly due to the growth in all kinds of expense payable;
10. Deferred income tax liabilities: increasing RMB 17,848,400 in period-end over that of year beginning with
74.94% up, mainly due to the growth of fair value of the financial assets at period-end;
11. Other comprehensive income: increasing RMB 101,298,400 in period-end over that of year beginning with
83.31% up, mainly due to the growth of fair value of financial assets available for sale at period-end;
12. Net cash flow from operation activities: increasing RMB 69,719,500 in period-end over the same period of
last year with 50.28% up, mainly because sales return increased over the same period of last year;
13. Net cash flow from investment activities: decreasing RMB 715,440,700 in period-end over the same period of
last year, mainly due to the growth in purchase of financial product in the Period;
14. Net cash flow from financing activities: decreasing RMB 120,655,900 in period-end over the same period of
last year, mainly because loans of the bank are return in the period.
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
II. Analysis and explanation of significant events and their influence and solutions
√ Applicable □ Not applicable
Explanation on the projects with fund-raised investment:
Plans to adjusted the WAPS research development and industrial, diesel common rail system components capacity
enhancement project and construction of industrial park, and changed the Auto power battery materials and power
battery research and development project as to supplement working capital permanently.
Up to the disclosure date, the adjustment on part of the fund-raise projects and capacity enhancement as well as
the change of part of the fund-raise projects have been deliberated and approved by the 21st meeting of 7th sesion
of the Board dated 21 April 2015, and the proposal shall to be deliberated for approved by sharehodler general
meeting.
Date for Information index for temporary
Overview
disclosure report disclosure
Being approved by the ―reply on approving non-public issuance of Weifu
High-technology Group Co., Ltd.‖ (ZJXK(2012)No.109) issued by CSRC, the ‖Report of Privately Placement
Company non-public offering 112,858,000 shares with issue price of 25.395 per and Summary of Listed
share. The above mentioned shares are listed on Shenzhen Stock Exchange on 29 2012-02-28 Company Statement‖ (No.:
February 2012. The total raised capital proceeds amounting to RMB 2012-12) public on Juchao
2,866,028,900, and after deduction of issuance expense, the net raise proceeds was Website (www.cninfo.com.cn)
RMB 2,850,124,300.
public on Juchao Website
Specific Report of Deposit and Application of Fund Raised for year of 2012 2013-03-28
(www.cninfo.com.cn)
public on Juchao Website
Specific Report of Deposit and Application of Fund Raised for year of 2013 2014-04-15
(www.cninfo.com.cn)
public on Juchao Website
Specific Report of Deposit and Application of Fund Raised for year of 2014 2015-04-23
(www.cninfo.com.cn)
(No.: 2015-010) public on
Notice of Adjusted Part of the Fund-raise Projects and Capacity and Part of the
2015-04-23 Juchao Website
Fund-raise projects changed
(www.cninfo.com.cn)
III. Commitments from the Company or shareholder with over 5% share held in reporting
period or continues to reporting period
√ Applicable □ Not applicable
Item of Commitments Promisee Content of commitments Date Term Implementation
Share Merger Reform
Commitments made in
acquisition report or
equity change report
Commitments in
assets reorganization
The privately offering of the Company totally
Completed. The 36
Wuxi Industry issue 112,858,000 A-shares to substantial
months restricted
Commitments in Development shareholder Wuxi Industry Group and foreign
period has expired, and
initial public offering Group Co., Ltd strategy investor ROBERT BOSCH GMBH. The
applying for released;
or refinancing and ROBERT above said shares are listed for trading in
date for listing on: 5
BOSCH GMBH Shenzhen Stock Exchange since 29 February
March 2015
2012 with 36-month restriction
Other commitments to
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
minority shareholders
of the Company
Perform the
commitment promptly Yes
or not
IV. Forecast of operation performance from Jan. – June of 2015
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
V. Securities Investment
√ Applicable □ Not applicable
Amount
Proportio
of Amount
n of Proportio Book Gains and
Initial stock-hol of
stock-hol n of value at loss in
Short investme ding at stock-hol
Variety of Code of ding at stock-hol the end of the Accounti Source of
form of nt the ding at
securities securities the ding at the period reporting ng subject stock
securities cost(RM beginning the end of
beginning the end of
B) of the the period (RMB) (RMB)
of the the period
period (Share)
period
(Share)
Financial
199,208,0 23,680,00 23,680,00 314,707,2 assets Subscriptio
Stock 600841 SDEC 2.73% 2.73%
00.00 0 0 00.00 available n
for sales
Financial
Miracle 69,331,50 197,643,6 52,937,10 assets Subscriptio
Stock 002009 9,300,000 2.90% 6,820,000 2.12%
Logistics 0.00 00.00 7.80 available n
for sales
Other investment in securities
0.00 0 -- -- -- --
held at period-end
268,539,5 32,980,00 30,500,00 512,350,8 52,937,10
Total -- -- -- --
00.00 0 0 00.00 7.80
Disclosure date of securities 2012-03-24
investment approval of Board
of Director 2013-06-04
Disclosure date of securities
investment approval of Board
report(if applicable)
VI. Explanation on equity of other listed company held
□ Applicable √ Not applicable
No equity of other listed company held in Period-end.
VII. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the Period.
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
VIII. Registration form for receiving research, communication and interview in the report period
√ Applicable □ Not applicable
Type of
Date Place Method Investor Contents discussed and materials supplied
investors
The Company answered the questions of 249
From January to 31 for investors online through the investor
The Board Written inquiries Individual Individual
March 2015 relations interactive
platform(http://irm.p5w.net/dqhd/sichuan/)
From January to 31 Telephone Basic condition of the Company and the
The Board Individual Individual
March 2015 communication market (more than 100)
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidate balance sheet
Prepared by Weifu High-Technology Group Co., Ltd
2015-03-31
In RMB
Item Closing balance Opening balance
Current assets:
Monetary funds 1,564,443,236.54 2,360,027,208.92
Settlement provisions
Capital lent
Financial liability measured by fair value and with variation
reckoned into current gains/losses
Derivative financial assets
Notes receivable 806,294,667.85 993,552,743.48
Accounts receivable 1,645,076,224.33 1,206,105,236.56
Accounts paid in advance 140,405,667.63 101,014,401.60
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Interest receivable 4,127,396.55 4,016,280.99
Dividend receivable 128,809,751.00 500,000.00
Other receivables 11,609,949.92 12,119,685.70
Purchase restituted finance asset
Inventories 1,096,682,348.78 1,111,669,480.16
Divided into assets held for sale
Non-current asset due within one year
Other current assets 2,862,135,051.81 1,812,883,996.48
Total current assets 8,259,584,294.41 7,601,889,033.89
Non-current assets:
Loans and payments on behalf
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Finance asset available for sales 865,222,600.00 844,536,400.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 3,162,525,351.39 3,314,987,967.02
Investment property 21,122,462.66 21,418,942.40
Fixed assets 1,331,774,732.76 1,349,745,789.17
Construction in progress 626,613,606.07 477,416,068.77
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 360,179,182.46 363,863,195.29
Expense on Research and Development
Goodwill 1,784,086.79 1,784,086.79
Long-term expenses to be apportioned 11,959,492.48 12,202,828.33
Deferred income tax asset 147,170,239.96 148,359,493.95
Other non-current asset 463,045,662.74 352,385,362.29
Total non-current asset 6,991,397,417.31 6,886,700,134.01
Total assets 15,250,981,711.72 14,488,589,167.90
Current liabilities:
Short-term loans 295,000,000.00 415,000,000.00
Loan from central bank
Absorbing deposit and interbank deposit
Capital borrowed
Financial liability measured by fair value and with variation
reckoned into current gains/losses
Derivative financial liability
Notes payable 398,263,381.82 488,556,684.85
Accounts payable 1,864,141,577.12 1,453,938,798.61
Accounts received in advance 33,015,251.49 43,783,927.30
Selling financial asset of repurchase
Commission charge and commission payable
Wage payable 211,627,597.17 261,647,666.99
Taxes payable 100,999,617.09 70,103,988.54
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Interest payable 1,192,077.78 749,561.12
Dividend payable
Other accounts payable 69,435,567.96 62,266,107.58
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held for sale
Non-current liabilities due within 1 year
Other current liabilities 21,882,164.98 10,706,310.23
Total current liabilities 2,995,557,235.41 2,806,753,045.22
Non-current liabilities:
Long-term loans 60,000,000.00 60,000,000.00
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable 18,852,727.00 18,852,727.00
Long-term wages payable 69,000,000.00 69,000,000.00
Special accounts payable 18,265,082.11 18,265,082.11
Projected liabilities
Deferred income 228,272,442.45 228,792,442.75
Deferred income tax liabilities 41,663,843.15 23,815,411.40
Other non-current liabilities
Total non-current liabilities 436,054,094.71 418,725,663.26
Total liabilities 3,431,611,330.12 3,225,478,708.48
Owner’s equity:
Share capital 1,020,200,992.00 1,020,200,992.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 3,635,684,413.04 3,635,684,413.04
Less: Inventory shares
Other comprehensive income 222,896,775.00 121,598,365.00
Reasonable reserve 1,340,517.95 867,353.00
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Surplus public reserve 510,100,496.00 510,100,496.00
Provision of general risk
Retained profit 6,004,952,119.92 5,570,583,069.92
Total owner’s equity attributable to parent company 11,395,175,313.91 10,859,034,688.96
Minority interests 424,195,067.69 404,075,770.46
Total owner’s equity 11,819,370,381.60 11,263,110,459.42
Total liabilities and owner’s equity 15,250,981,711.72 14,488,589,167.90
Legal Representative: Chen Xuejun Person in charge of accounting works: Ou Jianbin
Person in charge of accounting institute: Ou Jianbin
2. Balance Sheet of Parent Company
In RMB
Item Closing balance Opening balance
Current assets:
Monetary funds 855,895,587.14 1,263,715,541.56
Financial liability measured by fair value and with variation
reckoned into current gains/losses
Derivative financial assets
Notes receivable 181,894,994.94 225,640,382.60
Accounts receivable 631,069,323.21 565,769,317.89
Account paid in advance 68,807,043.35 51,338,729.85
Interest receivable 33,287.67 33,287.67
Dividends receivable 128,809,751.00 500,000.00
Other receivables 6,297,965.86 5,071,840.68
Inventories 203,764,656.46 188,287,955.01
Divided into assets held for sale
Non-current assets maturing within one year
Other current assets 2,967,359,986.90 1,917,505,847.55
Total current assets 5,043,932,596.53 4,217,862,902.81
Non-current assets:
Available-for-sale financial assets 779,282,600.00 758,596,400.00
Held-to-maturity investments
Long-term receivables
Long-term equity investments 4,158,993,582.00 4,308,319,159.56
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Investment property
Fixed assets 533,037,919.75 543,076,778.80
Construction in progress 486,204,449.09 361,110,943.40
Project materials
Disposal of fixed assets
Productive biological assets
Oil and natural gas assets
Intangible assets 203,196,769.02 205,291,338.85
Research and development costs
Goodwill
Long-term deferred expenses
Deferred income tax assets 80,392,952.87 81,490,070.42
Other non-current assets 400,087,627.68 307,820,607.89
Total non-current assets 6,641,195,900.41 6,565,705,298.92
Total assets 11,685,128,496.94 10,783,568,201.73
Current liabilities:
Short-term borrowings 160,000,000.00 260,000,000.00
Financial liability measured by fair value and with variation
reckoned into current gains/losses
Derivative financial liability
Notes payable 164,050,000.00 178,800,000.00
Accounts payable 587,443,976.25 486,151,165.89
Accounts received in advance 1,331,778.57 1,754,804.23
Wage payable 102,836,559.95 139,244,128.74
Taxes payable 45,464,109.36 29,078,723.63
Interest payable 131,500.00 131,500.00
Dividend payable
Other accounts payable 675,290,329.91 160,538,572.20
Divided into liability held for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 1,736,548,254.04 1,255,698,894.69
Non-current liabilities:
Long-term loans
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable 69,000,000.00 69,000,000.00
Special accounts payable
Projected liabilities
Deferred income 210,389,955.02 210,389,955.02
Deferred income tax liabilities 39,334,725.00 21,458,535.00
Other non-current liabilities
Total non-current liabilities 318,724,680.02 300,848,490.02
Total liabilities 2,055,272,934.06 1,556,547,384.71
Owners’ equity:
Share capita 1,020,200,992.00 1,020,200,992.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 3,666,689,037.39 3,666,689,037.39
Less: Inventory shares
Other comprehensive income 222,896,775.00 121,598,365.00
Reasonable reserve
Surplus reserve 510,100,496.00 510,100,496.00
Retained profit 4,209,968,262.49 3,908,431,926.63
Total owner’s equity 9,629,855,562.88 9,227,020,817.02
Total liabilities and owner’s equity 11,685,128,496.94 10,783,568,201.73
3. Consolidated Profit Statement
In RMB
Item Current Period Last Period
I. Total operating income 1,782,232,936.10 1,683,594,542.57
Including: Operating income 1,782,232,936.10 1,683,594,542.57
Interest income
Insurance gained
Commission charge and commission income
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
II. Total operating cost 1,594,439,479.81 1,491,542,332.33
Including: Operating cost 1,398,503,056.75 1,268,902,399.56
Interest expense
Commission charge and commission expense
Cash surrender value
Net amount of expense of compensation
Net amount of withdrawal of insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 8,372,176.77 11,550,822.68
Sales expenses 40,270,235.07 54,405,371.09
Administration expenses 143,020,801.13 170,308,830.62
Financial expenses 4,682,584.75 -10,321,824.79
Losses of devaluation of asset -409,374.66 -3,303,266.83
Add: Changing income of fair value(Loss is listed with ―-‖)
Investment income (Loss is listed with ―-‖) 321,657,642.05 276,368,704.68
Including: Investment income on affiliated company and joint
245,856,767.36 272,480,732.04
venture
Exchange income (Loss is listed with ―-‖)
III. Operating profit (Loss is listed with ―-‖) 509,451,098.34 468,420,914.92
Add: Non-operating income 1,322,998.18 1,944,072.88
Including: Disposal gains of non-current asset 353,144.72 167,332.74
Less: Non-operating expense 24,686,741.44 2,163,476.86
Including: Disposal loss of non-current asset 612,226.62 81,365.11
IV. Total Profit (Loss is listed with ―-‖) 486,087,355.08 468,201,510.94
Less: Income tax expense 40,136,502.79 25,430,683.49
V. Net profit (Net loss is listed with ―-‖) 445,950,852.29 442,770,827.45
Net profit attributable to owner’s of parent company 434,369,050.00 428,270,821.48
Minority shareholders’ gains and losses 11,581,802.29 14,500,005.97
VI. Net after-tax of other comprehensive income 101,298,410.00 -23,202,960.00
Net after-tax of other comprehensive income attributable to
101,298,410.00 -23,202,960.00
owners of parent company
(I) Other comprehensive income items which will not be
reclassified subsequently to profit of loss
1. Changes as a result of re-measurement of net
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
defined benefit plan liability or asset
2. Share of the other comprehensive income of the
investee accounted for using equity method which will not be
reclassified subsequently to profit and loss
(II) Other comprehensive income items which will be
101,298,410.00 -23,202,960.00
reclassified subsequently to profit or loss
1. Share of the other comprehensive income of the
investee accounted for using equity method which will be
reclassified subsequently to profit or loss
2. Gains or losses arising from changes in fair value of
101,298,410.00 -23,202,960.00
available-for-sale financial assets
3. Gains or losses arising from reclassification of
held-to-maturity investment as available-for-sale financial assets
4. The effect hedging portion of gains or losses arising
from cash flow hedging instruments
5. Translation differences arising on translation of
foreign currency financial statements
6. Other
Net after-tax of other comprehensive income attributable to
minority shareholders
VII. Total comprehensive income 547,249,262.29 419,567,867.45
Total comprehensive income attributable to owners of parent
535,667,460.00 405,067,861.48
Company
Total comprehensive income attributable to minority
11,581,802.29 14,500,005.97
shareholders
VIII. Earnings per share:
(i) Basic earnings per share 0.43 0.42
(ii) Diluted earnings per share 0.43 0.42
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: Chen Xuejun Person in charge of accounting works: Ou Jianbin
Person in charge of accounting institute: Ou Jianbin
4. Profit Statement of Parent Company
In RMB
Item Current Period Last Period
I. Operating income 455,668,776.35 675,711,019.98
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Less: Operating cost 348,947,949.43 546,962,794.09
Operating tax and extras 3,902.08 3,549,069.78
Sales expenses 19,118,337.65 36,289,027.93
Administration expenses 47,588,440.38 81,880,571.35
Financial expenses 4,827,808.31 -12,454,490.05
Losses of devaluation of asset -3,400,000.00
Add: Changing income of fair value(Loss is listed with ―-‖)
Investment income (Loss is listed with ―-‖) 304,125,920.13 262,810,689.78
Including: Investment income on affiliated company and
228,325,045.44 259,395,560.45
joint venture
II. Operating profit (Loss is listed with ―-‖) 339,308,258.63 285,694,736.66
Add: Non-operating income 182,725.97 1,655,773.66
Including: Disposal gains of non-current asset 176,775.49 109,613.52
Less: Non-operating expense 23,744,282.73 765,888.26
Including: Disposal loss of non-current asset 537,411.76 77,177.24
III. Total Profit (Loss is listed with ―-‖) 315,746,701.87 286,584,622.06
Less: Income tax expense 14,210,366.01 -1,233,035.31
IV. Net profit (Net loss is listed with ―-‖) 301,536,335.86 287,817,657.37
V. Net after-tax of other comprehensive income 101,298,410.00 -23,202,960.00
(I) Other comprehensive income items which will not be
reclassified subsequently to profit of loss
1. Changes as a result of re-measurement of net
defined benefit plan liability or asset
2. Share of the other comprehensive income of the
investee accounted for using equity method which will not be
reclassified subsequently to profit and loss
(II) Other comprehensive income items which will be
101,298,410.00 -23,202,960.00
reclassified subsequently to profit or loss
1. Share of the other comprehensive income of the
investee accounted for using equity method which will be
reclassified subsequently to profit or loss
2. Gains or losses arising from changes in fair value of
101,298,410.00 -23,202,960.00
available-for-sale financial assets
3. Gains or losses arising from reclassification of
held-to-maturity investment as available-for-sale financial assets
4. The effect hedging portion of gains or losses arising
from cash flow hedging instruments
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
5. Translation differences arising on translation of
foreign currency financial statements
6. Other
VI. Total comprehensive income 402,834,745.86 264,614,697.37
VII. Earnings per share:
(i) Basic earnings per share 0.30 0.28
(ii) Diluted earnings per share 0.30 0.28
5. Consolidated Cash Flow Statement
In RMB
Item Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor
1,793,896,648.34 1,435,402,209.66
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
Net increase of amount from disposal financial assets that
measured by fair value and with variation reckoned into current
gains/losses
Cash received from interest, commission charge and
commission
Net increase of capital borrowed
Net increase of returned business capital
Write-back of tax received 5,861,072.63 10,929,709.79
Other cash received concerning operating activities 10,469,465.61 71,499,997.49
Subtotal of cash inflow arising from operating activities 1,810,227,186.58 1,517,831,916.94
Cash paid for purchasing commodities and receiving labor
1,221,838,662.89 996,657,866.05
service
Net increase of customer loans and advances
Net increase of deposits in central bank and interbank
Cash paid for original insurance contract compensation
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
Cash paid for interest, commission charge and commission
Cash paid for bonus of guarantee slip
Cash paid to/for staff and workers 235,788,099.90 197,225,620.41
Taxes paid 88,860,754.96 113,216,521.97
Other cash paid concerning operating activities 55,352,567.09 72,064,320.35
Subtotal of cash outflow arising from operating activities 1,601,840,084.84 1,379,164,328.78
Net cash flows arising from operating activities 208,387,101.74 138,667,588.16
II. Cash flows arising from investing activities:
Cash received from recovering investment 738,488,400.00 381,000,000.00
Cash received from investment income 359,700,782.75 21,471,878.12
Net cash received from disposal of fixed, intangible and other
2,886,954.14 349,973.49
long-term assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities 6,000,000.00
Subtotal of cash inflow from investing activities 1,101,076,136.89 408,821,851.61
Cash paid for purchasing fixed, intangible and other long-term
259,971,934.91 194,419,166.40
assets
Cash paid for investment 1,694,670,000.00 370,000,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries and other units obtained
Other cash paid concerning investing activities 22,979,036.58 5,506,789.16
Subtotal of cash outflow from investing activities 1,977,620,971.49 569,925,955.56
Net cash flows arising from investing activities -876,544,834.60 -161,104,103.95
III. Cash flows arising from financing activities
Cash received from absorbing investment 8,419,964.00 3,047,322.07
Including: Cash received from absorbing minority
8,419,964.00 3,047,322.07
shareholders’ investment by subsidiaries
Cash received from loans 140,000,000.00 288,500,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 148,419,964.00 291,547,322.07
Cash paid for settling debts 260,000,000.00 279,000,000.00
Cash paid for dividend and profit distributing or interest
2,754,980.79 6,226,473.07
paying
Including: Dividend and profit of minority shareholder paid by
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
subsidiaries
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 262,754,980.79 285,226,473.07
Net cash flows arising from financing activities -114,335,016.79 6,320,849.00
IV. Influence on cash and cash equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash equivalents -782,492,749.65 -16,115,666.79
Add: Balance of cash and cash equivalents at the period -begin 2,028,227,816.93 2,288,739,620.44
VI. Balance of cash and cash equivalents at the period -end 1,245,735,067.28 2,272,623,953.65
6. Cash Flow Statement of Parent Company
In RMB
Item Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor
511,334,943.56 668,905,632.47
services
Write-back of tax received
Other cash received concerning operating activities 511,542,086.53 63,544,636.75
Subtotal of cash inflow arising from operating activities 1,022,877,030.09 732,450,269.22
Cash paid for purchasing commodities and receiving labor
374,944,772.61 368,063,985.93
service
Cash paid to/for staff and workers 101,275,934.85 85,822,676.07
Taxes paid 1,324,016.22 44,468,896.17
Other cash paid concerning operating activities 24,263,876.80 24,782,398.00
Subtotal of cash outflow arising from operating activities 501,808,600.48 523,137,956.17
Net cash flows arising from operating activities 521,068,429.61 209,312,313.05
II. Cash flows arising from investing activities:
Cash received from recovering investment 742,488,400.00 403,027,156.69
Cash received from investment income 347,810,652.75 21,471,878.12
Net cash received from disposal of fixed, intangible and other
2,531,242.23 231,644.26
long-term assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities
Subtotal of cash inflow from investing activities 1,092,830,294.98 424,730,679.07
Cash paid for purchasing fixed, intangible and other long-term 199,306,912.90 144,862,856.53
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无锡威孚高科技集团股份有限公司 2015 年第一季度报告全文
assets
Cash paid for investment 1,678,778,630.00 373,169,578.60
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities 22,979,036.58
Subtotal of cash outflow from investing activities 1,901,064,579.48 518,032,435.13
Net cash flows arising from investing activities -808,234,284.50 -93,301,756.06
III. Cash flows arising from financing activities
Cash received from absorbing investment
Cash received from loans 110,000,000.00 200,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 110,000,000.00 200,000,000.00
Cash paid for settling debts 210,000,000.00 200,000,000.00
Cash paid for dividend and profit distributing or interest
1,031,111.12 2,758,000.00
paying
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 211,031,111.12 202,758,000.00
Net cash flows arising from financing activities -101,031,111.12 -2,758,000.00
IV. Influence on cash and cash equivalents due to fluctuation in
exchange rate
V. Net increase of cash and cash equivalents -388,196,966.01 113,252,556.99
Add: Balance of cash and cash equivalents at the period -begin 1,159,462,935.71 1,422,429,501.73
VI. Balance of cash and cash equivalents at the period -end 771,265,969.70 1,535,682,058.72
II. Audit report
Whether the 1st quarterly report has been audited or not
□Yes √ No
The 1st quarterly report of the Company was unaudited
Board of Director of
Weifu High-Technology Group Co., Ltd
Chairman:
Chen Xuejun
30 April 2015
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