无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
WEIFU HIGH-TECHNOLOGY GROUP CO., LTD.
THE THIRD QUARTERLY REPORT 2016
October 2016
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
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 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 directors of the Company are attended the Meeting for quarterly report
deliberation.
Chen Xuejun, Principal of the Company; Ou Jianbin, Person in Charge of
Accounting Work; Ou Jianbin, Person in Charge of Accounting Organization
(Accounting Officer) hereby confirm that the Financial Report of the Third
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 2016 年第三季度报告全文
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□Yes √ No
Current period-end Period-end of last year Increase/decrease
Total assets(RMB) 16,387,938,080.77 15,704,093,069.04 4.35%
Net assets attributable to shareholders
12,522,879,879.40 11,783,228,273.39 6.28%
of listed company (RMB)
Increase/decrease in
Increase/decrease in
Year-begin to end of comparison with
Current period comparison with same
the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 1,522,896,852.89 37.22% 4,889,373,305.38 8.65%
Net profit attributable to shareholders
366,126,109.76 47.70% 1,309,694,645.48 1.22%
of the listed company (RMB)
Net profit attributable to shareholders
of the listed company after deducting 307,178,949.97 42.11% 1,136,811,667.10 3.33%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-- -- 249,062,317.15 -57.57%
activities(RMB)
Basic earnings per share
0.36 50.00% 1.30 2.36%
(RMB/Share)
Diluted earnings per share
0.36 50.00% 1.30 2.36%
(RMB/Share)
Weighted average ROE 2.98% 0.85% 10.70% -0.72%
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the write-off that
-1,172,091.49
accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not including the subsidy
enjoyed in quota or ration according to national standards, which are closely relevant 23,932,171.74
to enterprise’s business)
Gains/losses from entrusted investment or assets management 177,111,392.49
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Restoring of receivable impairment provision that tested individually 1,012,469.08
Other non-operating income and expenditure except for the aforementioned items 4,080,436.13
Relocation expenses -57,116.41
Less: impact on income tax 30,833,432.04
Impact on minority shareholders’ equity (post-tax) 1,190,851.12
Total 172,882,978.38 --
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. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
Total common shareholders at the Total preferred stockholders with voting rights recover
45,087 0
end of report period at the end of report period (if applicable)
Top ten shareholders
Number of share
Proportion Amount of
Amount of pledged/frozen
Shareholders Nature of shareholder of shares restricted
shares held State of
held shares held Amount
share
WUXI INDUSTRY DEVELOPMENT
State-owned corporate 20.22% 204,059,398
GROUP CO., LTD.
ROBERT BOSCH GMBH Foreign corporate 14.16% 142,841,400
UBS AG Foreign corporate 2.97% 29,933,303
China Securities Finance Corporation Limited State-owned corporate 2.63% 26,555,515
Kangjian Assets Management Company
Foreign corporate 1.56% 15,705,492
–Client’s fund
Central Huijin Investment Ltd. State-owned corporate 1.27% 12,811,200
BBH BOS S/A FIDELITY FD - CHINA
Foreign corporate 1.23% 12,382,279
FOCUS FD
MERRILL LYNCH INTERNATIONAL Foreign corporate 1.14% 11,460,002
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Puxin Investment Company- Client’s fund Foreign corporate 1.13% 11,375,877
RBC EMERGING MARKETS EQUITY
Foreign corporate 0.95% 9,626,264
FUND
Particular about top ten shareholders with un-restrict shares held
Amount of Type of shares
Shareholders un-restrict common
Type Amount
shares held
WUXI INDUSTRY DEVELOPMENT GROUP CO.,
204,059,398 RMB common shares 204,059,398
LTD.
RMB common shares 115,260,600
ROBERT BOSCH GMBH 142,841,400
Domestically listed foreign shares 27,580,800
UBS AG 29,933,303 RMB common shares 29,933,303
China Securities Finance Corporation Limited 26,555,515 RMB common shares 26,555,515
Kangjian Assets Management Company –Client’s fund 15,705,492 RMB common shares 15,705,492
Central Huijin Investment Ltd. 12,811,200 RMB common shares 12,811,200
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 12,382,279 Domestically listed foreign shares 12,382,279
MERRILL LYNCH INTERNATIONAL 11,460,002 RMB common shares 11,460,002
Puxin Investment Company- Client’s fund 11,375,877 RMB common shares 11,375,877
RBC EMERGING MARKETS EQUITY FUND 9,626,264 Domestically listed foreign shares 9,626,264
Among the top ten shareholders, there has no associated relationship
between Wuxi Industry Development Group Co., Ltd. and other
Explanation on related relationship or concerted action shareholders, the first largest shareholder of the Company; and they do
among the abovementioned shareholders not belong to the consistent actionist regulated by the Management
Measure of Information Disclosure on Change of Shareholding for
Listed Company.
Explanation on shareholders involving margin business
Not applicable
among top ten common shareholders d (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
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 of shareholders with preferred stock held and the top ten shareholdings
□Applicable √Not applicable
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
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
1. Monetary fund: decreased RMB 2029.8382 million over that of year-beginning with 61.99% down, mainly
because out flowing for entrusting increased over that of year-beginning;
2. Other account receivable: increased RMB 4.8904 million over that of year-beginning with 55.46% up, mainly
because come-and-go money receivable from units increased over that of year-beginning;
3. Other current assets: increased RMB 2509.0496 million over that of year-beginning with 124.44% up, mainly
because purchasing entrusting increased over that of year-beginning;
4. Construction in progress: decreased RMB 83.5703 million over that of year-beginning with 51.46% down,
mainly because fixed assets listed in construction in progress;
5. Short-term loans: decreased RMB 202.813 million over that of year-beginning with 56.34% down, mainly
because return the bank loans;
6. Deferred income tax liability: decreased RMB 11.7505 million over that of year-beginning with 33.1% down,
mainly because sales of financial assets available for sale and decrease of the change of fair value;
7. Other comprehensive income: decreased RMB 66.114 million over that of year-beginning with 35.09% down,
mainly because sales of financial assets available for sale and decrease of the change of fair value;
8. Non-operation revenue: decreased RMB 62.2001 million over that of last period with 67.92% down, mainly
because compensation for demolition from parent company declined over that of last period;
9. Non-operation expenditure: decreased RMB 67.8481 million over that of last period with 93.67% down, mainly
because demolition expenses of the parent company decreased over same period of last year;
10. Net cash flow arising from operation activities: decreased RMB 337.9066 million over that of last period,
mainly because sales collecting declined;
11. Net cash flow arising from investment activities: decreased RMB 750.5607 million over that of last period,
mainly because cash outflow of purchasing entrusting increased over last year;
II. Progress of significant events, their influences, and analysis and explanation of their
solutions
√ Applicable □Not applicable
Wholly-owned subsidiary of the Company has investment intention on industry mergers & acquisitions
fund
On 31 May 2016, the Company held the 7th meeting of the 8th board of directors, to consider and approve the
resolution relating to the wholly-owned subsidiary of the Company proposing to establish industry merger &
acquisition funds. In order to accelerate the Company’s industrial upgrade and development speed, preserve
merger & acquisition projects, improve its comprehensive strength and realize development strategy, the
Company agreed with Ping’an Securities in reaching for initial cooperation plan. Weifu Auto Diesel, a
wholly-owned subsidiary of the Company, proposed to cooperate with Ping’an Ronghui which was established
by Ping’an Caizhi (a wholly-owned subsidiary of Ping’an Securities) to establish business merger &
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
acquisition funds. The relevant announcements (No. 2016-013 and No. 2016-015) were published on China
Securities, Securities Times, Hong Kong Commercial Daily and Juchao Information website
（http://www.cninfo.com.cn）. Till now, this matter is being prepared.
Overview Disclosure date Query index for interim notice
Notice of Planning of Setting Up Industrial Merger & A Published on Juchao Website
2016-06-02
cquisition Fund by Wholly-owned Subsidiary (www.cninfo.com.cn)
III. Commitments completed during the Period and those un-completed as of the period-end
from the Company, shareholders, actual controller, buyer, director, supervisor, senior
executives or other related party
□Applicable √Not applicable
The Company has no commitments completed during the Period and those un-completed as of the period-end from the Company,
shareholders, actual controller, buyer, director, supervisor, senior executives or other related party
IV. Estimation of operation performance for year of 2016
Estimation of 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 of reason
□Applicable √Not applicable
V. Particular about security investment
√ Applicable □Not applicable
Proporti Proporti
Amount of
on of Amount of on of
stock-hold
Varie
Code of
Short Initial stock-ho stock-holdi
stock-h Book value at
ty of form of investment ing at the lding at ng at theolding the end of the
Gains and loss
Accountin
Sourc
securiti
secur securiti cost (RMB) beginning the end of the
at the period
in the reporting
g subject
e of
es of the (RMB) stock
ities es beginnin period end of (RMB)
period
g of the (Share) the
(Share)
period period
Financial
Subsc
199,208,000. 23,680,00 258,617,700. assets
Stock 600841 SDEC 2.73% 19,030,000 2.20% -350,189.10 riptio
00 0 00 available
n
for sales
Financial
Miracle Subsc
69,331,500.0 80,493,900.0 assets
Stock 002009 Logistic 4,710,000 1.29% 4,710,000 1.29% -17,238,600.00 riptio
0 0 available
s n
for sales
268,539,500. 28,390,00 339,111,600.0
Total -- 23,740,000 -- -17,588,789.10 -- --
00 0 0
Disclosure date of
2012-03-24
securities investment
approval from the
2013-06-04
Board
Disclosure date of
securities investment
approval from the
Board
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
Date Method Type of investors Index for the interview and research
Form 1 July to 30 Written The Company answered 42 questions for investors online through the
Other
September 2016 inquiry investor relations interactive platform(http://irm.p5w.net/dqhd/sichuan/)
Telephone
Form 1 July to 30 Basic condition of the Company and views on market in 2016,
communicat Other
September 2016 communication with investors by telephone more than 50
ion
VIII. External security against the rules
□ Applicable √ Not applicable
The Company has no external security against the rules in the Period
IX. Controlling shareholders' and its related party's non-business capital occupying of the
listed company
□ Applicable √ Not applicable
There are no controlling shareholders' and its related party's non-business capital occupying of the listed company.
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Section IV. Financial Statement
I. Financial statement
1. Consolidated Balance Sheet
Prepared by Weifu High-Technology Group Co., Ltd.
In RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 1,244,841,488.41 3,274,679,732.54
Settlement provisions
Capital lent
Financial assets measured by fair value and whose change is recorded in
current gains and losses
Derivative financial liability
Notes receivable 1,102,626,043.37 1,031,886,230.18
Accounts receivable 1,533,709,001.77 1,261,163,184.87
Accounts paid in advance 74,424,914.07 73,326,550.19
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Interest receivable 1,770,059.40 3,281,939.96
Dividend receivable 3,600,000.00
Other receivables 13,708,076.53 8,817,661.08
Purchase restituted finance asset
Inventories 977,092,108.63 865,574,792.41
Divided into assets held ready for sales
Non-current asset due within one year
Other current assets 4,525,254,222.98 2,016,204,649.28
Total current assets 9,473,425,915.16 8,538,534,740.51
Non-current assets:
Granted loans and advances
Finance asset available for sales 593,499,361.00 694,398,661.00
Held-to-maturity investment
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Long-term account receivable
Long-term equity investment 3,130,251,655.41 3,283,584,245.43
Investment property 25,497,296.06 20,233,111.93
Fixed assets 2,448,887,994.22 2,320,627,323.42
Construction in progress 78,832,450.18 162,402,752.68
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 350,760,461.02 360,610,837.42
Expense on Research and Development
Goodwill 1,784,086.79 1,784,086.79
Long-term expenses to be apportioned 17,323,469.94 14,004,911.64
Deferred income tax asset 159,973,270.55 158,873,725.37
Other non-current asset 107,702,120.44 149,038,672.85
Total non-current asset 6,914,512,165.61 7,165,558,328.53
Total assets 16,387,938,080.77 15,704,093,069.04
Current liabilities:
Short-term loans 157,187,030.29 360,000,000.00
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 517,376,866.50 630,682,394.24
Accounts payable 1,655,969,703.18 1,463,607,938.95
Accounts received in advance 42,390,746.91 33,545,363.49
Selling financial asset of repurchase
Commission charge and commission payable
Wage payable 196,985,204.88 245,070,941.07
Taxes payable 51,481,791.14 52,389,865.33
Interest payable 3,170,746.88 778,673.59
Dividend payable 51,867,270.00
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Other accounts payable 53,319,397.30 49,333,826.26
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held ready for sale
Non-current liabilities due within 1 year 60,000,000.00 60,000,000.00
Other current liabilities
Total current liabilities 2,789,748,757.08 2,895,409,002.93
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable 17,835,454.00 18,174,545.00
Long-term wages payable 96,350,000.00 96,350,000.00
Special accounts payable 47,042,377.98 44,725,048.69
Projected liabilities
Deferred income 428,101,584.62 400,657,991.06
Deferred income tax liabilities 23,748,869.89 35,499,320.90
Other non-current liabilities
Total non-current liabilities 613,078,286.49 595,406,905.65
Total liabilities 3,402,827,043.57 3,490,815,908.58
Owner’s equity:
Share capital 1,008,950,570.00 1,008,950,570.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 3,397,360,051.31 3,396,935,227.97
Less: Inventory shares
Other comprehensive income 122,322,373.76 188,436,372.50
Reasonable reserve 1,036,069.02 914,648.09
Surplus public reserve 510,100,496.00 510,100,496.00
Provision of general risk
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Retained profit 7,483,110,319.31 6,677,890,958.83
Total owner’s equity attributable to parent company 12,522,879,879.40 11,783,228,273.39
Minority interests 462,231,157.80 430,048,887.07
Total owner’s equity 12,985,111,037.20 12,213,277,160.46
Total liabilities and owner’s equity 16,387,938,080.77 15,704,093,069.04
Legal representative: Chen Xuejun
Person in charge of accounting works: Ou Jianbin
Person in charge of accounting institution: Ou Jianbin
2. Balance Sheet of parent company
Prepared by Weifu High-Technology Group Co., Ltd.
In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 742,220,837.25 1,739,313,657.29
Financial assets measured by fair value and whose change is recorded in
current gains and losses
Derivative financial liability
Notes receivable 298,479,498.09 159,630,301.53
Accounts receivable 510,336,015.83 537,504,587.17
Accounts paid in advance 41,466,912.47 50,246,196.23
Interest receivable 33,287.67
Dividend receivable 25,816,200.00 3,600,000.00
Other receivables 96,404,844.29 81,906,796.95
Inventories 147,761,049.97 151,832,151.38
Divided into assets held ready for sales
Non-current asset due within one year
Other current assets 4,406,360,283.51 2,038,225,831.05
Total current assets 6,268,845,641.41 4,762,292,809.27
Non-current assets:
Finance asset available for sales 507,559,361.00 608,458,661.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 4,323,978,110.68 4,241,205,473.10
Investment real estate
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Fixed assets 1,437,542,894.58 1,417,143,347.25
Construction in progress 21,054,241.51 60,582,501.19
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 194,769,939.71 199,636,812.43
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned
Deferred income tax asset 89,958,777.49 86,269,470.27
Other non-current asset 57,359,942.42 80,413,247.85
Total non-current asset 6,632,223,267.39 6,693,709,513.09
Total assets 12,901,068,908.80 11,456,002,322.36
Current liabilities:
Short-term loans 80,000,000.00 230,000,000.00
Financial liability measured by fair value and with variation reckoned
into current gains/losses
Derivative financial liability
Notes payable 176,683,502.46 218,219,397.80
Accounts payable 511,668,966.88 473,825,553.93
Accounts received in advance 1,723,845.42 4,754,011.37
Wage payable 117,595,843.95 118,032,003.11
Taxes payable 17,227,948.30 16,992,552.61
Interest payable 292,886.11 292,886.11
Dividend payable 51,867,270.00
Other accounts payable 1,157,573,274.42 12,757,135.96
Divided into liability held ready for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 2,114,633,537.54 1,074,873,540.89
Non-current liabilities:
Long-term loans
Bonds payable
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Including: preferred stock
Perpetual capital securities
Long-term account payable
Long-term wages payable 96,350,000.00 96,350,000.00
Special accounts payable 28,777,295.87 26,459,966.58
Projected liabilities
Deferred income 386,336,151.28 382,179,400.68
Deferred income tax liabilities 21,586,301.24 33,253,477.50
Other non-current liabilities
Total non-current liabilities 533,049,748.39 538,242,844.76
Total liabilities 2,647,683,285.93 1,613,116,385.65
Owners’ equity:
Share capita 1,008,950,570.00 1,008,950,570.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 3,427,939,852.32 3,427,939,852.32
Less: Inventory shares
Other comprehensive income 122,322,373.76 188,436,372.50
Reasonable reserve
Surplus reserve 510,100,496.00 510,100,496.00
Retained profit 5,184,072,330.79 4,707,458,645.89
Total owner’s equity 10,253,385,622.87 9,842,885,936.71
Total liabilities and owner’s equity 12,901,068,908.80 11,456,002,322.36
3. Consolidated Profit Statement (this report period)
In RMB
Item Amount in this period Amount in last period
I. Total operating income 1,522,896,852.89 1,109,803,414.23
Including: Operating income 1,522,896,852.89 1,109,803,414.23
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 1,441,957,624.68 1,051,202,587.20
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Including: Operating cost 1,204,377,668.92 853,120,105.09
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 7,552,608.70 4,855,979.63
Sales expenses 40,328,425.30 39,333,130.48
Administration expenses 175,813,718.30 162,936,281.89
Financial expenses -893,521.51 -8,723,726.12
Losses of devaluation of asset 14,778,724.97 -319,183.77
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 313,808,978.06 227,322,744.62
Including: Investment income on affiliated company and joint venture 245,845,647.59 179,333,856.94
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) 394,748,206.27 285,923,571.65
Add: Non-operating income 10,629,017.31 14,378,453.25
Including: Disposal income of non-current asset 290,303.78 263,352.24
Less: Non-operating expense 2,251,691.01 15,511,276.71
Including: Disposal loss of non-current asset 725,836.85 2,711,288.97
IV. Total Profit (Loss is listed with “-”) 403,125,532.57 284,790,748.19
Less: Income tax expense 23,363,351.40 25,522,809.24
V. Net profit (Net loss is listed with “-”) 379,762,181.17 259,267,938.95
Net profit attributable to owner’s of parent company 366,126,109.76 247,876,993.79
Minority shareholders’ gains and losses 13,636,071.41 11,390,945.16
VI. Net after-tax of other comprehensive income -9,906,410.00 -182,417,820.00
Net after-tax of other comprehensive income attributable to owners of
-9,906,410.00 -182,417,820.00
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 defined benefit
plan liability or asset
2. Share of the other comprehensive income of the investee
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
accounted for using equity method which will not be reclassified
subsequently to profit and loss
(II) Other comprehensive income items which will be reclassified
-9,906,410.00 -182,417,820.00
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
-9,906,410.00 -182,417,820.00
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 369,855,771.17 76,850,118.95
Total comprehensive income attributable to owners of parent Company 356,219,699.76 65,459,173.79
Total comprehensive income attributable to minority shareholders 13,636,071.41 11,390,945.16
VIII. Earnings per share:
(i) Basic earnings per share 0.36 0.24
(ii) Diluted earnings per share 0.36 0.24
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 (this report period)
In RMB
Item Current Period Last Period
I. Operating income 474,079,480.63 284,872,283.76
Less: Operating cost 413,715,796.32 210,160,629.57
Operating tax and extras 2,655,313.84 387,663.24
Sales expenses 8,603,583.95 16,244,059.11
Administration expenses 68,735,038.35 61,382,503.68
16
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Financial expenses 1,222,659.04 -8,250,642.85
Losses of devaluation of asset -957,854.77
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 319,576,980.34 213,222,784.99
Including: Investment income on affiliated company and joint
226,291,093.71 144,079,607.31
venture
II. Operating profit (Loss is listed with “-”) 299,681,924.24 218,170,856.00
Add: Non-operating income 9,206,021.83 12,403,276.49
Including: Disposal gains of non-current asset 252,592.63 209,516.19
Less: Non-operating expense 953,656.79 13,510,831.90
Including: Disposal loss of non-current asset 401,351.45 1,977,405.01
III. Total Profit (Loss is listed with “-”) 307,934,289.28 217,063,300.59
Less: Income tax expense 6,062,366.15 10,808,786.15
IV. Net profit (Net loss is listed with “-”) 301,871,923.13 206,254,514.44
V. Net after-tax of other comprehensive income -9,906,410.00 -182,417,820.00
(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 reclassified
-9,906,410.00 -182,417,820.00
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
-9,906,410.00 -182,417,820.00
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
VI. Total comprehensive income 291,965,513.13 23,836,694.44
17
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
5. Consolidated profit statement (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Total operating income 4,889,373,305.38 4,500,241,337.87
Including: Operating income 4,889,373,305.38 4,500,241,337.87
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 4,493,734,811.55 4,085,977,954.89
Including: Operating cost 3,837,659,652.17 3,496,759,138.77
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 23,787,955.26 21,019,505.28
Sales expenses 133,127,794.55 124,447,943.17
Administration expenses 490,410,253.22 456,710,359.70
Financial expenses -3,803,012.94 -12,891,095.79
Losses of devaluation of asset 12,552,169.29 -67,896.24
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 1,025,761,541.23 1,009,661,209.39
Including: Investment income on affiliated company and joint venture 838,948,109.61 785,414,755.81
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) 1,421,400,035.06 1,423,924,592.37
Add: Non-operating income 29,376,400.04 91,576,470.86
Including: Disposal gains of non-current asset 1,015,076.57 16,331,052.52
Less: Non-operating expense 4,587,513.03 72,435,620.42
18
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Including: Disposal loss of non-current asset 2,187,168.06 3,526,137.76
IV. Total Profit (Loss is listed with “-”) 1,446,188,922.07 1,443,065,442.81
Less: Income tax expense 91,677,778.58 113,708,027.28
V. Net profit (Net loss is listed with “-”) 1,354,511,143.49 1,329,357,415.53
Net profit attributable to owner’s of parent company 1,309,694,645.48 1,293,864,194.62
Minority shareholders’ gains and losses 44,816,498.01 35,493,220.91
VI. Net after-tax of other comprehensive income -66,113,998.74 -58,625,902.50
Net after-tax of other comprehensive income attributable to owners of
-66,113,998.74 -58,625,902.50
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 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 reclassified
-66,113,998.74 -58,625,902.50
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
-66,113,998.74 -58,625,902.50
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 1,288,397,144.75 1,270,731,513.03
Total comprehensive income attributable to owners of parent Company 1,243,580,646.74 1,235,238,292.12
Total comprehensive income attributable to minority shareholders 44,816,498.01 35,493,220.91
VIII. Earnings per share:
(i) Basic earnings per share 1.30 1.27
(ii) Diluted earnings per share 1.30 1.27
19
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
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
6. Profit Statement of parent company (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Operating income 1,458,149,449.43 1,165,105,460.23
Less: Operating cost 1,222,059,868.86 903,568,835.14
Operating tax and extras 6,544,108.26 437,323.98
Sales expenses 28,842,600.88 52,934,808.49
Administration expenses 195,062,421.69 162,510,291.44
Financial expenses -4,944,536.93 -12,930,194.37
Losses of devaluation of asset -886,916.97 906,328.70
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 974,372,189.56 977,653,048.86
Including: Investment income on affiliated company and joint
763,408,174.38 716,252,305.28
venture
II. Operating profit (Loss is listed with “-”) 985,844,093.20 1,035,331,115.71
Add: Non-operating income 23,827,626.61 87,307,327.14
Including: Disposal gains of non-current asset 714,408.73 16,100,752.68
Less: Non-operating expense 1,762,101.81 68,622,432.32
Including: Disposal loss of non-current asset 993,332.06 2,668,293.32
III. Total Profit (Loss is listed with “-”) 1,007,909,618.00 1,054,016,010.53
Less: Income tax expense 26,820,648.10 46,610,160.67
IV. Net profit (Net loss is listed with “-”) 981,088,969.90 1,007,405,849.86
V. Net after-tax of other comprehensive income -66,113,998.74 -58,625,902.50
(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 reclassified
-66,113,998.74 -58,625,902.50
subsequently to profit or loss
1. Share of the other comprehensive income of the investee
20
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
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
-66,113,998.74 -58,625,902.50
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
VI. Total comprehensive income 914,974,971.16 948,779,947.36
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
7. Consolidated Cash Flow Statement (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor services 4,075,857,122.17 5,117,013,072.14
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 27,180,302.24 36,244,351.92
Other cash received concerning operating activities 19,487,047.28 37,192,412.19
Subtotal of cash inflow arising from operating activities 4,122,524,471.69 5,190,449,836.25
Cash paid for purchasing commodities and receiving labor service 2,598,412,659.75 3,430,281,408.10
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Net increase of customer loans and advances
Net increase of deposits in central bank and interbank
Cash paid for original insurance contract compensation
Cash paid for interest, commission charge and commission
Cash paid for bonus of guarantee slip
Cash paid to/for staff and workers 712,855,117.51 608,929,782.17
Taxes paid 323,616,906.66 339,709,080.53
Other cash paid concerning operating activities 238,577,470.62 224,560,672.97
Subtotal of cash outflow arising from operating activities 3,873,462,154.54 4,603,480,943.77
Net cash flows arising from operating activities 249,062,317.15 586,968,892.48
II. Cash flows arising from investing activities:
Cash received from recovering investment 5,910,661,906.70 3,779,218,450.02
Cash received from investment income 1,148,454,597.68 895,767,078.58
Net cash received from disposal of fixed, intangible and other long-term
63,817,144.02 3,690,621.78
assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities 30,296,467.00 145,230,000.00
Subtotal of cash inflow from investing activities 7,153,230,115.40 4,823,906,150.38
Cash paid for purchasing fixed, intangible and other long-term assets 281,959,826.10 431,250,475.45
Cash paid for investment 8,453,810,985.03 5,175,115,981.02
Net increase of mortgaged loans
Net cash received from subsidiaries and other units obtained
Other cash paid concerning investing activities 57,116.41 49,576,830.79
Subtotal of cash outflow from investing activities 8,735,827,927.54 5,655,943,287.26
Net cash flows arising from investing activities -1,582,597,812.14 -832,037,136.88
III. Cash flows arising from financing activities
Cash received from absorbing investment 12,800,000.00 12,412,655.54
Including: Cash received from absorbing minority shareholders’
12,800,000.00 12,412,655.54
investment by subsidiaries
Cash received from loans 254,187,030.29 280,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 266,987,030.29 292,412,655.54
Cash paid for settling debts 457,000,000.00 385,000,000.00
Cash paid for dividend and profit distributing or interest paying 481,006,730.85 443,032,981.69
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无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Including: Dividend and profit of minority shareholder paid by
24,803,800.00 24,324,710.00
subsidiaries
Other cash paid concerning financing activities 339,091.00 250,677,789.07
Subtotal of cash outflow from financing activities 938,345,821.85 1,078,710,770.76
Net cash flows arising from financing activities -671,358,791.56 -786,298,115.22
IV. Influence on cash and cash equivalents due to fluctuation in exchange rate
V. Net increase of cash and cash equivalents -2,004,894,286.55 -1,031,366,359.62
Add: Balance of cash and cash equivalents at the period -begin 3,040,315,198.85 2,028,227,816.93
VI. Balance of cash and cash equivalents at the period -end 1,035,420,912.30 996,861,457.31
8. Cash Flow Statement of parent company (from year-begin to end of this period)
In RMB
Item Current Period Last Period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor services 1,165,621,926.61 1,429,401,019.18
Write-back of tax received
Other cash received concerning operating activities 1,145,466,206.68 595,594,206.64
Subtotal of cash inflow arising from operating activities 2,311,088,133.29 2,024,995,225.82
Cash paid for purchasing commodities and receiving labor service 609,336,635.01 989,657,741.07
Cash paid to/for staff and workers 290,989,747.70 292,916,453.22
Taxes paid 96,209,325.93 65,909,684.60
Other cash paid concerning operating activities 64,011,248.17 57,968,444.09
Subtotal of cash outflow arising from operating activities 1,060,546,956.81 1,406,452,322.98
Net cash flows arising from operating activities 1,250,541,176.48 618,542,902.84
II. Cash flows arising from investing activities:
Cash received from recovering investment 5,639,000,000.00 3,910,218,450.02
Cash received from investment income 1,110,427,341.08 903,317,517.58
Net cash received from disposal of fixed, intangible and other long-term
62,137,135.26 3,087,248.01
assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities 25,301,600.00 145,230,000.00
Subtotal of cash inflow from investing activities 6,836,866,076.34 4,961,853,215.61
Cash paid for purchasing fixed, intangible and other long-term assets 162,090,979.43 258,754,707.26
Cash paid for investment 8,314,900,000.00 5,163,383,160.30
23
无锡威孚高科技集团股份有限公司 2016 年第三季度报告全文
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities 57,116.41 49,576,830.79
Subtotal of cash outflow from investing activities 8,477,048,095.84 5,471,714,698.35
Net cash flows arising from investing activities -1,640,182,019.50 -509,861,482.74
III. Cash flows arising from financing activities
Cash received from absorbing investment
Cash received from loans 180,000,000.00 230,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 180,000,000.00 230,000,000.00
Cash paid for settling debts 330,000,000.00 260,000,000.00
Cash paid for dividend and profit distributing or interest paying 453,545,994.41 414,414,513.72
Other cash paid concerning financing activities 249,999,607.07
Subtotal of cash outflow from financing activities 783,545,994.41 924,414,120.79
Net cash flows arising from financing activities -603,545,994.41 -694,414,120.79
IV. Influence on cash and cash equivalents due to fluctuation in exchange rate
V. Net increase of cash and cash equivalents -993,186,837.43 -585,732,700.69
Add: Balance of cash and cash equivalents at the period -begin 1,734,531,427.66 1,159,462,935.71
VI. Balance of cash and cash equivalents at the period -end 741,344,590.23 573,730,235.02
II. Audit report
Whether the third quarter report was audited or not
□Yes √No
rd
The 3 quarter report of the Company has not been audited
Board of Directors of
Weifu High-Technology Group Co., Ltd.
Chairman: ____________
Chen Xuejun
27 October 2016
24
