无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Weifu High-Technology Group Co., Ltd.
First Quarterly Report 2017
April 2017
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无锡威孚高科技集团股份有限公司 2017 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 2017 年第一季度报告全文
Section II. Company Profile
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) 2,457,239,285.84 1,533,288,775.97 60.26%
Net profit attributable to shareholders of
645,645,422.01 405,471,329.51 59.23%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting 574,207,149.77 331,616,138.91 73.15%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
92,118,223.65 42,831,760.61 115.07%
activities(RMB)
Basic earnings per share (RMB/Share) 0.64 0.40 60.00%
Diluted earnings per share (RMB/Share) 0.64 0.40 60.00%
Weighted average ROE 4.88% 3.39% 1.49%
Changes of this period-end
End of this period End of last period over same period-end of
last year
Total assets (RMB) 18,149,666,013.72 17,263,771,897.78 5.13%
Net assets attributable to shareholder of
13,526,769,295.13 12,927,344,292.47 4.64%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin
Item Note
to period-end
Gains/losses from the disposal of non-current asset (including the write-off that
-1,059,372.05
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 8,329,131.76
relevant to enterprise’s business)
Gain or loss on the investment or management of assets 52,468,395.94
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
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 liabilities and financial asset available for 24,625,516.88
sales, exclude the effective hedging business relevant with normal operations of the
Company
Other non-operating income and expenditure except for the aforementioned items -335,608.38
Less : impact on income tax 12,566,745.37
Impact on minority shareholders’ equity (post-tax) 23,046.54
Total 71,438,272.24 --
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. Common and preferred stockholders with voting rights recover and the top ten share-holding
In Share
Total common shareholders at the end of Total preferred stockholders with voting rights
44,711 0
report period recover at the end of report period (if applicable)
Top ten shareholders
Number of share
Amount of
Amount of pledged/frozen
Nature of Proportion of
Shareholder’s name restricted shares
shareholder shares held shares held State of Amo
held
share unt
WUXI INDUSTRY DEVELOPMENT State-owned
20.22% 204,059,398
CROUP CO., LTD. legal person
Foreign legal
ROBERT BOSCH GMBH 14.16% 142,841,400
person
State-owned
China Securities Finance Corporation Limited 2.63% 26,555,515
legal person
Foreign legal
HKSCC Nominees Limited 2.58% 25,983,776
person
Kangjian Assets Management Company Foreign legal 1.52% 15,339,892
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
–Client’s fund person
BBH BOS S/A FIDELITY FD - CHINA Foreign legal
1.31% 13,243,837
FOCUS FD person
State-owned
Central Huijin Assets Management Co., Ltd. 1.27% 12,811,200
legal person
Foreign legal
UBS AG 1.23% 12,438,322
person
Foreign legal
Puxin Investment Company- Client’s fund 1.18% 11,919,831
person
RBC EMERGING MARKETS EQUITY Foreign legal
0.95% 9,626,264
FUND person
Top ten shareholders with unrestricted shares held
Amount of unrestricted Type of shares
Shareholder’s name
shares held Type Amount
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
27,580,800
foreign share
China Securities Finance Corporation Limited 26,555,515 RMB common share 26,555,515
HKSCC Nominees Limited 25,983,776 RMB common share 25,983,776
Kangjian Assets Management Company –Client’s fund 15,339,892 RMB common share 15,339,892
Domestically listed
BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 13,243,837 13,243,837
foreign share
Central Huijin Assets Management Co., Ltd. 12,811,200 RMB common share 12,811,200
UBS AG 12,438,322 RMB common share 12,438,322
Puxin Investment Company- Client’s fund 11,919,831 RMB common share 11,919,831
Domestically listed
RBC EMERGING MARKETS EQUITY FUND 9,626,264 9,626,264
foreign share
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.
Explanation on top ten common stock shareholders involving
Not applicable
securities margin trading (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
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
□ 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 2017 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
(i) Explaination on change of items in balance sheet:
1. Monetary funds: decreased 2568.9811 million Yuan over that of year-beginning with 64.72% declined, mainly
because purchasing more financial products in the Period;
2. Accounts receivable: increased 772.1033 million Yuan over that of year-beginning with 58.28% up, mainly
because sales in the Peirod rose month on month;
3. Other receivables: increased 5.9569 million Yuan over that of year-beginning with 100.83% up, mainly because
travel allowance etc. at period-end increased;
4. Other current asstes: increased 2677.331 million Yuan over that of year-beginning with 139.89% up, mainly
because purchasing more financial products in the Period;
5. Taxes payable: increased 46.8004 million Yuan over that of year-beginning with 74.72% up, mainly because
enterprise income tax and VAT payable increased in the Period;
6. Other payable: decreased 38.1944 million Yuan over that of year-beginning with 39.57% declined, mainly
because various cash deposit payable declined in the Period;
7. Other comprehensive income: decreased 46.5351 million Yuan over that of year-beginning with 32.15%
declined, mainly because fair value of finance asset available for sales declined at period-end.
(ii) Explaination on change of items in income statement:
1. Operation revenue and cost: increased 923.9505 million Yuan and 761.786 million Yuan respectively compared
with same period of last year, with 60.26% and 63.12% grwoth respectively, mainly because sales for main
products have dramatically growth for rapidly development of commercial vehicle in market;
2. Business tax and surcharge: increased 11.8323 million Yuan compared with same period of last year with
160.69% up, mainly due to the soaring sales and property tax, use tax of land, vehicle and vessel usage tax and
stamp tax are adjusted to item of ―business tax and surcharge‖ instead of ―administrative expenses‖ since May of
2016;
3. Financial expenses: increased 2.3583 million Yuan compared with same period of last year, mainly because the
interest from deposit are declined for completion of raised-fund;
4. Assets impairment loss: decreased 13.3437 million Yuan compared with same period of last year with 322.84%
down, mainly because provision switch-back due to the fluctuation of price for raw materials;
5. Investment income: increased 146.451 million Yuan compared with same period of last year with 44.84%
growth, mainly because joint venture and cooperative enterprise have more earnings in the Peirod;
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
6. Non-operation revenue and expenditure: decreased 5.7982 million Yuan and 4.7169 million Yuan respectively
compared with same period of last year, mainly because relocation revenue and expenditure recognized in the
Period declined;
(iii) Explaination on change of items in cash flow statement:
1. Net cash flow arising from operation activity: more 49.2864 million Yuan in-flow compared with same period
of last year with 115.07% up, mainly because saels collection has y-o-y growth;
2. Net cash flow arising from investment activity: decreased 724.3398 million Yuan out-flow compared with same
period of last year, mainly because financial products purchasement and colelction on due declined on a y-o-y
basis;
3. Net cash flow arising from financing activity: increased 131.4703 million Yuan in-flow compared with same
period of last year, mainly because bank loans increased in the Peirod and returning borrowings to the bank last
period;
II. Analysis and explanation of significant events and their influence and solutions
√ Applicable □ Not applicable
1. Proposed investment in establishment of industrial acquisition funds by a wholly-owned subsidiary of the
Company
On 31 May 2016, the 8th board of directors of the Company held the 7th meeting to consider and approve the
proposal relating to proposed investment in establishment of industrial acquisition funds by a wholly-owned
subsidiary of the Company. In order to accelerate industrial upgrade and development progress, reserve merger &
acquisition projects, improve its comprehensive strength and realize its development strategy, the Company
entered into initial intention of cooperation with Ping’an Securities, pursuant to which, Weifu Auto Diesel, a
wholly-owned subsidiary of the Company, intended to cooperate with Ping’an Ronghui (a subsidiary of Ping’an
Caizhi which is a wholly-owned subsidiary of Ping’an Securities) to invest in establishing industrial acquisition
funds. The relevant announcements (No.: 2016-013 and 2016-015) were published on China Securities, Securities
Times, Hong Kong Commercial Daily and Juchao Information Website (http://www.cninfo.com.cn). At the
current stage, this matter is in the progress of preparation.
2. Proposed application for listing in the national middle and small enterprises stock transfer system by the
controlling subsidiary Weifu Tianli
On 25 October 2016, the 8th board of directors of the Company held the 9th meeting to consider and approve the
proposal relating to proposed application for listing in the national middle and small enterprises stock transfer
system by the controlling subsidiary Weifu Tianli Pressure Technology Co., Ltd. on 30 December 2016, Weifu
Tianli was served with the notice of acceptance from the National Middle and Small Enterprise Stock Transfer
System Company Limited (GP2016120120). The relevant announcements (No.: 2016-020, 2016-023 and
2017-001) were published on China Securities, Securities Times, Hong Kong Commercial Daily and Juchao
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Information Website (http://www.cninfo.com.cn). At the current stage, this matter is in the progress of
consideration and approval.
3. Equity of partial participating stock companies are frozen
On 6 March 2017, the Company received a charging documents mail by Shenzhen Intermediate People’s Court of
Guangdong Province (hereinafter referred to as Shenzhen Intermediate Court). According to the charging
documents served by Shenzhen Intermediate Court, Shenzhen Branch of China Cinda Asset Management Co.,
Ltd.—the plaintiff, suit against eight defendants including the Company and the third party- Shenzhen Hejun
Venture Holding Co., Ltd. for damaging interest of creditors, two cases involved. The Shenzhen Intermediate
Court accepted the trail and made a civil order of (2016) Yue 03 Min Chu No.2490, and (2016) Yue 03 Min Chu
No.2492, that is to sealed-up, distrained or frozen the property of 217 million Yuan in total under the name of
eight defendants. By inquring, the 15.3 million shares of SDEC and 4.71 million shares of Miracle Automation
held by the Company are forced freezing. Relevant notice (Notice No.: 2017-002) released on China Securities
Jornal, Securiteis Times, Hong Kong Commercial Daily and Juchao Website (http://www.cninfo.com.cn). The
Company hiring professsional lawyers for coordinating the issues actively, and cope with the frozen equity as
soon as possible in normal leagal approach, protec legitimate rights and interst of the Company in acordance with
the law.
4. Subsidiary Kunming Xitong and Weifu Tianshi cancelled respectively dated 16 Feb. 2017 and 14 March 2017.
Overview Date for disclosure Information index for temporary report disclosure
Proposed investment in
establishment of industrial Notice of Proposed investment in establishment of industrial acquisition
acquisition funds by a 2016-06-02 funds by a wholly-owned subsidiary of the Company((Notice No.:
wholly-owned subsidiary of the 2016-015) released on Juchao Website (www.cninfo.com.cn))
Company
Notice of Proposed application for listing in the national middle and small
enterprises stock transfer system by the controlling subsidiary Weifu
Proposed application for listing 2016-10-27
Tianli((Notice No.: 2016-023) released on Juchao Website
in the national middle and small
(www.cninfo.com.cn))
enterprises stock transfer system
Notice of Progress of Proposed application for listing in the national middle
by the controlling subsidiary
and small enterprises stock transfer system by the controlling subsidiary
Weifu Tianli 2017-01-07
Weifu Tianli((Notice No.: 2017-001) released on Juchao Website
(www.cninfo.com.cn))
Equity of partial participating Notice of equity of partial participating stock companies are frozen((Notice
2017-03-08
stock companies are frozen No.: 2017-002) released on Juchao Website (www.cninfo.com.cn))
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
III. Commitments non-performance over due in reporting period from committed parties as
actual controller, shareholders, related party, acquirer and the Company
□Applicable √Not applicable
No the above mentioned commitment occurred in the period.
IV. Predict of the business performance from January to June 2017
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
√ Applicable □ Not applicable
Amount Proportio Amount
of
n of of Proportio
Initial stock-hol Book
n of Gains and
Short investmen ding at stock-hol stock-hol value at
Variety of Code of stock-hol loss in the Accounti Source of
form of t the the end of
securities securities ding at the ding at ding at reporting ng subject stock
securities cost(RM beginning the period
the end of (RMB)
B) of the beginning the end of (RMB)
the period
period
of the the period
(Share)
period (Share)
Financial
199,208,0 18,600,00 15,300,00 214,200,0 -2,761,48 assets Owned
Stock 600841 SDEC 2.15% 1.76%
00.00 0 0 00.00 3.12 available fund
for sales
Financial
Miracle 69,331,50 65,139,30 -3,014,40 assets Owned
Stock 002009 4,710,000 1.29% 4,710,000 1.29%
Logistics 0.00 0.00 0.00 available fund
for sales
268,539,5 23,310,00 20,010,00 279,339,3 -5,775,88
Total -- -- -- --
00.00 0 0 00.00 3.12
Disclosure date of securities 2012 年 3 月 24 日
investment approval by the
Board 2013 年 6 月 4 日
Disclosure date of securities
investment approval by
Not applicable
shareholders meeting (if
applicable)
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
VI. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the Period.
VII. Registration form for receiving research, communication and interview in the report period
√ Applicable □ Not applicable
Date Method Type of investors Index for the interview and research
1 Jan. 2017 to 31 Written The Company answered 60 questions for investors online through the
Other
Mar. 2017 inquiries investor relations interactive platform(http://irm.p5w.net/dqhd/sichuan/)
Telephone
1 Jan. 2017 to 31 Basic condition of the Company and the market for year of 2016,
communicat Other
Mar. 2017 communicate with more than 50 investors through telephone
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 2017 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
2017-03-31
In RMB
Item Closing balance Opening balance
Current assets:
Monetary funds 1,400,692,956.84 3,969,674,068.56
Settlement provisions
Capital lent
Financial asset measured by fair value and with variation reckoned into
current gains/losses
Derivative financial assets
Notes receivable 1,027,876,346.72 1,279,844,777.10
Accounts receivable 2,096,806,796.89 1,324,703,543.17
Accounts paid in advance 92,886,892.85 74,030,486.38
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Interest receivable 1,690,343.70 2,487,527.65
Dividend receivable
Other receivables 11,864,809.09 5,907,873.92
Purchase restituted finance asset
Inventories 1,220,114,857.92 1,349,444,535.25
Divided into assets held for sale
Non-current asset due within one year
Other current assets 4,591,958,990.26 1,914,225,879.67
Total current assets 10,443,891,994.27 9,920,318,691.70
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 2017 年第一季度报告全文
Finance asset available for sales 582,727,061.00 695,235,461.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 3,817,039,675.05 3,421,030,760.78
Investment property 24,729,649.02 25,113,472.54
Fixed assets 2,483,008,223.67 2,447,840,035.34
Construction in progress 105,596,026.83 90,621,102.20
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 344,217,022.37 347,206,518.76
Expense on Research and Development
Goodwill 1,784,086.79 1,784,086.79
Long-term expenses to be apportioned 3,688,524.02 1,753,413.10
Deferred income tax asset 207,940,717.78 210,196,714.45
Other non-current asset 135,043,032.92 102,671,641.12
Total non-current asset 7,705,774,019.45 7,343,453,206.08
Total assets 18,149,666,013.72 17,263,771,897.78
Current liabilities:
Short-term loans 185,000,000.00 150,000,000.00
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 806,423,579.47 837,045,962.78
Accounts payable 1,989,477,529.45 1,729,250,355.93
Accounts received in advance 49,385,068.41 42,983,352.84
Selling financial asset of repurchase
Commission charge and commission payable
Wage payable 232,146,190.74 230,672,269.58
Taxes payable 109,435,341.07 62,634,922.88
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Interest payable 228,710.77 437,938.27
Dividend payable
Other accounts payable 58,320,126.15 96,514,485.59
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
Total current liabilities 3,430,416,546.06 3,149,539,287.87
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 17,835,454.00 17,835,454.00
Long-term wages payable 112,815,704.51 112,815,704.51
Special accounts payable 18,265,082.11 18,265,082.11
Projected liabilities
Deferred income 471,763,605.66 479,211,845.88
Deferred income tax liabilities 19,434,302.14 27,674,132.89
Other non-current liabilities
Total non-current liabilities 700,114,148.42 715,802,219.39
Total liabilities 4,130,530,694.48 3,865,341,507.26
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 3,417,841,402.89 3,417,841,402.89
Less: Inventory shares
Other comprehensive income 98,187,750.01 144,722,827.51
Reasonable reserve 403,663.34 89,005.19
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无锡威孚高科技集团股份有限公司 2017 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 8,491,285,412.89 7,845,639,990.88
Total owner’s equity attributable to parent company 13,526,769,295.13 12,927,344,292.47
Minority interests 492,366,024.11 471,086,098.05
Total owner’s equity 14,019,135,319.24 13,398,430,390.52
Total liabilities and owner’s equity 18,149,666,013.72 17,263,771,897.78
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 878,555,267.48 2,143,816,269.01
Financial asset measured by fair value and with variation reckoned into
current gains/losses
Derivative financial assets
Notes receivable 236,745,722.91 216,516,806.40
Accounts receivable 833,890,992.67 611,594,846.92
Accounts paid in advance 51,512,499.44 34,805,212.41
Interest receivable
Dividend receivable
Other receivables 54,602,127.75 46,349,571.47
Inventories 194,280,784.56 202,839,001.66
Divided into assets held for sale
Non-current asset due within one year
Other current assets 4,506,514,775.21 1,945,446,935.23
Total current assets 6,756,102,170.02 5,201,368,643.10
Non-current assets:
Finance asset available for sales 506,787,061.00 619,295,461.00
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 4,941,842,103.92 4,591,005,651.65
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Investment property
Fixed assets 1,412,192,044.51 1,438,192,853.38
Construction in progress 60,297,043.80 36,142,328.79
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 190,142,170.97 192,448,576.72
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned
Deferred income tax asset 96,180,137.45 96,943,564.13
Other non-current asset 38,187,213.39 31,747,194.01
Total non-current asset 7,245,627,775.04 7,005,775,629.68
Total assets 14,001,729,945.06 12,207,144,272.78
Current liabilities:
Short-term loans 80,000,000.00 80,000,000.00
Financial liability measured by fair value and with variation reckoned
into current gains/losses
Derivative financial liability
Notes payable 166,845,242.18 171,760,000.00
Accounts payable 688,426,018.63 595,558,830.63
Accounts received in advance 2,569,590.04 732,252.09
Wage payable 138,967,119.68 119,456,739.08
Taxes payable 48,384,556.81 28,055,629.04
Interest payable 88,933.33 88,933.33
Dividend payable
Other accounts payable 354,514,743.52 14,190,407.16
Divided into liability held for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 1,479,796,204.19 1,009,842,791.33
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 2017 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 101,240,000.00 101,240,000.00
Special accounts payable
Projected liabilities
Deferred income 425,224,159.05 432,695,399.27
Deferred income tax liabilities 17,327,249.99 25,539,322.49
Other non-current liabilities
Total non-current liabilities 543,791,409.04 559,474,721.76
Total liabilities 2,023,587,613.23 1,569,317,513.09
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 3,448,408,786.39 3,448,408,786.39
Less: Inventory shares
Other comprehensive income 98,187,750.01 144,722,827.51
Reasonable reserve
Surplus public reserve 510,100,496.00 510,100,496.00
Retained profit 6,912,494,729.43 5,525,644,079.79
Total owner’s equity 11,978,142,331.83 10,637,826,759.69
Total liabilities and owner’s equity 14,001,729,945.06 12,207,144,272.78
3. Consolidated Profit Statement
In RMB
Item Current Period Last Period
I. Total operating income 2,457,239,285.84 1,533,288,775.97
Including: Operating income 2,457,239,285.84 1,533,288,775.97
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 2017 年第一季度报告全文
II. Total operating cost 2,223,746,377.38 1,418,885,132.32
Including: Operating cost 1,968,602,520.31 1,206,816,524.58
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
Taxes and surcharge 19,195,496.41 7,363,242.92
Sales expenses 41,776,849.82 41,901,472.33
Administration expenses 204,449,276.63 162,096,345.31
Financial expenses -1,067,264.09 -3,425,613.24
Losses of devaluation of asset -9,210,501.70 4,133,160.42
Add: Changing income of fair value(Loss is listed with ―-‖)
Investment income (Loss is listed with ―-‖) 473,092,354.10 326,641,388.36
Including: Investment income on affiliated company and joint venture 396,008,914.27 247,914,647.43
Exchange income (Loss is listed with ―-‖)
III. Operating profit (Loss is listed with ―-‖) 706,585,262.56 441,045,032.01
Add: Non-operating income 8,349,930.51 14,148,099.42
Including: Disposal gains of non-current asset 75,675.06 581,224.18
Less: Non-operating expense 1,431,119.18 6,147,971.59
Including: Disposal loss of non-current asset 1,135,047.11 923,134.93
IV. Total Profit (Loss is listed with ―-‖) 713,504,073.89 449,045,159.84
Less: Income tax expense 45,554,436.17 30,393,099.94
V. Net profit (Net loss is listed with ―-‖) 667,949,637.72 418,652,059.90
Net profit attributable to owner’s of parent company 645,645,422.01 405,471,329.51
Minority shareholders’ gains and losses 22,304,215.71 13,180,730.39
VI. Net after-tax of other comprehensive income -46,535,077.50 -81,440,178.74
Net after-tax of other comprehensive income attributable to owners of
-46,535,077.50 -81,440,178.74
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
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
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
-46,535,077.50 -81,440,178.74
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
-46,535,077.50 -81,440,178.74
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 621,414,560.22 337,211,881.16
Total comprehensive income attributable to owners of parent Company 599,110,344.51 324,031,150.77
Total comprehensive income attributable to minority shareholders 22,304,215.71 13,180,730.39
VIII. Earnings per share:
(i) Basic earnings per share 0.64 0.40
(ii) Diluted earnings per share 0.64 0.40
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 813,934,214.19 394,842,543.82
Less: Operating cost 638,887,572.89 326,989,913.53
Taxes and surcharge 7,984,966.78 155,980.65
Sales expenses 7,678,027.13 11,138,867.26
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Administration expenses 92,345,965.58 64,823,744.99
Financial expenses -3,518,233.94 -5,318,543.29
Losses of devaluation of asset 137,433.22 -4,138.36
Add: Changing income of fair value(Loss is listed with ―-‖)
Investment income (Loss is listed with ―-‖) 1,332,340,867.66 304,417,001.29
Including: Investment income on affiliated company and joint
361,508,245.44 225,690,260.36
venture
II. Operating profit (Loss is listed with ―-‖) 1,402,759,350.19 301,473,720.33
Add: Non-operating income 7,700,340.34 11,504,457.16
Including: Disposal gains of non-current asset 9,966.88 461,816.10
Less: Non-operating expense 944,585.23 5,152,325.81
Including: Disposal loss of non-current asset 944,585.23 538,185.46
III. Total Profit (Loss is listed with ―-‖) 1,409,515,105.30 307,825,851.68
Less: Income tax expense 22,664,455.66 9,612,662.38
IV. Net profit (Net loss is listed with ―-‖) 1,386,850,649.64 298,213,189.30
V. Net after-tax of other comprehensive income -46,535,077.50 -81,440,178.74
(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
-46,535,077.50 -81,440,178.74
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
-46,535,077.50 -81,440,178.74
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
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
VI. Total comprehensive income 1,340,315,572.14 216,773,010.56
VII. Earnings per share:
(i) Basic earnings per share
(ii) Diluted earnings per share
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 services 1,577,421,097.54 1,045,759,145.54
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 6,023,940.02 8,008,632.87
Other cash received concerning operating activities 8,921,775.92 10,098,654.92
Subtotal of cash inflow arising from operating activities 1,592,366,813.48 1,063,866,433.33
Cash paid for purchasing commodities and receiving labor service 995,152,879.93 646,736,537.70
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 285,801,816.67 233,203,007.42
Taxes paid 126,987,566.22 73,384,118.46
Other cash paid concerning operating activities 92,306,327.01 67,711,009.14
Subtotal of cash outflow arising from operating activities 1,500,248,589.83 1,021,034,672.72
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Net cash flows arising from operating activities 92,118,223.65 42,831,760.61
II. Cash flows arising from investing activities:
Cash received from recovering investment 1,103,810,985.03 2,205,000,000.00
Cash received from investment income 52,468,395.94 64,419,340.50
Net cash received from disposal of fixed, intangible and other long-term
52,789,826.68 42,881,823.24
assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities 4,994,867.00
Subtotal of cash inflow from investing activities 1,209,069,207.65 2,317,296,030.74
Cash paid for purchasing fixed, intangible and other long-term assets 136,457,664.94 172,091,632.80
Cash paid for investment 3,821,063,985.03 4,164,900,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries and other units obtained
Other cash paid concerning investing activities 4,417,030.41
Subtotal of cash outflow from investing activities 3,957,521,649.97 4,341,408,663.21
Net cash flows arising from investing activities -2,748,452,442.32 -2,024,112,632.47
III. Cash flows arising from financing activities
Cash received from absorbing investment
Including: Cash received from absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 105,000,000.00 20,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 105,000,000.00 20,000,000.00
Cash paid for settling debts 70,000,000.00 117,000,000.00
Cash paid for dividend and profit distributing or interest paying 2,474,612.51 2,994,639.99
Including: Dividend and profit of minority shareholder paid by
subsidiaries
Other cash paid concerning financing activities 1,049,711.28
Subtotal of cash outflow from financing activities 73,524,323.79 119,994,639.99
Net cash flows arising from financing activities 31,475,676.21 -99,994,639.99
IV. Influence on cash and cash equivalents due to fluctuation in exchange rate 138,701.86
V. Net increase of cash and cash equivalents -2,624,719,840.60 -2,081,275,511.85
Add: Balance of cash and cash equivalents at the period -begin 3,795,223,678.11 3,040,315,198.85
VI. Balance of cash and cash equivalents at the period -end 1,170,503,837.51 959,039,687.00
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
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 services 495,702,092.06 293,136,068.15
Write-back of tax received
Other cash received concerning operating activities 337,942,177.95 1,018,487,862.15
Subtotal of cash inflow arising from operating activities 833,644,270.01 1,311,623,930.30
Cash paid for purchasing commodities and receiving labor service 357,055,448.99 282,753,491.39
Cash paid to/for staff and workers 109,935,147.40 95,493,605.17
Taxes paid 55,895,858.21 2,009,050.02
Other cash paid concerning operating activities 21,847,296.38 17,029,393.28
Subtotal of cash outflow arising from operating activities 544,733,750.98 397,285,539.86
Net cash flows arising from operating activities 288,910,519.03 914,338,390.44
II. Cash flows arising from investing activities:
Cash received from recovering investment 1,004,900,000.00 2,170,000,000.00
Cash received from investment income 954,468,395.94 64,419,340.50
Net cash received from disposal of fixed, intangible and other long-term
52,592,957.40 42,399,744.56
assets
Net cash received from disposal of subsidiaries and other units 2,410,502.57
Other cash received concerning investing activities
Subtotal of cash inflow from investing activities 2,014,371,855.91 2,276,819,085.06
Cash paid for purchasing fixed, intangible and other long-term assets 29,801,694.00 114,644,737.91
Cash paid for investment 3,538,000,000.00 4,054,900,000.00
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities 4,417,030.41
Subtotal of cash outflow from investing activities 3,567,801,694.00 4,173,961,768.32
Net cash flows arising from investing activities -1,553,429,838.09 -1,897,142,683.26
III. Cash flows arising from financing activities
Cash received from absorbing investment
Cash received from loans
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities
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无锡威孚高科技集团股份有限公司 2017 年第一季度报告全文
Cash paid for settling debts 50,000,000.00
Cash paid for dividend and profit distributing or interest paying 800,399.99 2,160,055.28
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 800,399.99 52,160,055.28
Net cash flows arising from financing activities -800,399.99 -52,160,055.28
IV. Influence on cash and cash equivalents due to fluctuation in exchange rate 138,701.86
V. Net increase of cash and cash equivalents -1,265,181,017.19 -1,034,964,348.10
Add: Balance of cash and cash equivalents at the period -begin 2,143,377,059.99 1,734,531,427.66
VI. Balance of cash and cash equivalents at the period -end 878,196,042.80 699,567,079.56
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
28 April 2017
24
