杭汽轮B:2011年第一季度报告全文(英文版) 2011-04-21
杭汽轮B:2010年半年度财务报告(英文版) 2010-08-28
Hangzhou Steam Turbine Co., Ltd.Financial Report(Not Audited)(I) Financial StatementsBalance SheetPrepared by: Hangzhou Steam Turbine Co., Ltd. Ended June 30, 2010 in RMB YuanBalance at the end of term Balance at the beginning of year ItemsConsolidated Parent company Consolidated Parent company Current asset:Monetary capital 468,533,578.69149,989,673.29486,439,602.82 100,717,329.17 Settlement provisionOutgoing call loanTransactional financial assetsNotes receivable 569,736,165.06363,217,504.37585,510,190.21 434,620,525.22 Account receivable 1,589,408,947.691,322,963,582.451,329,433,302.65 1,115,063,042.90 Prepayment 318,739,151.06123,948,075.50219,791,399.56 78,676,643.13 Insurance receivableReinsurance receivableProvisions of Reinsurance contracts receivableInterest receivableDividend receivableOther account receivable 29,050,437.4324,249,125.6417,333,756.04 16,869,617.12 Repurchasing of financial assetsInventories 1,174,826,940.07869,692,814.011,009,100,047.12 774,155,875.55 Non-current asset due in 1 yearOther current asset 108,275.80Total of current asset 4,150,295,220.002,854,060,775.263,647,716,574.20 2,520,103,033.09 Non-current assetsLoans and payment on other’s behalf disbursedDisposable financial assetExpired investment in possessLong-term receivableLong-term share equity investment 402,586,451.62472,280,099.47402,586,451.62 472,280,099.47 Investment propertiesFixed assets 516,774,651.56336,300,049.36528,315,267.49 350,458,537.59 Construction in process 181,058,362.5739,587,413.97133,993,100.65 14,507,898.96 Engineering goods 411,981.80Fixed asset disposalProduction physical assetsGas & petrolIntangible assets 160,138,182.2346,724,159.17141,444,716.26 47,902,806.89 R&D expenseGoodwill 187,501.55Long-term amortizable expenses 9,716,028.937,438,801.138,092,318.74 7,438,801.13 Differed income tax asset 52,709,215.1939,114,576.9648,623,815.34 39,114,576.96 Other non-current assetTotal of non-current assets 1,323,582,375.45941,445,100.061,263,055,670.10 931,702,721.00 Total of assets 5,473,877,595.453,795,505,875.324,910,772,244.30 3,451,805,754.09 Current liabilitiesShort-term loans 195,000,000.00136,000,000.00Loan from Central BankDeposit received and hold for othersCall loan receivedTrade off financial liabilitiesNotes payable 70,004,809.9247,141,782.92103,656,815.22 155,170,592.22Account payable 536,270,437.77387,235,375.67320,766,161.48 202,453,257.90 Prepayment received 1,387,427,722.19961,417,044.871,233,884,154.03 872,137,702.04 Selling of repurchased financial assetsFees and commissions receivableEmployees’ wage payable 35,749,491.6923,286,688.3923,241,197.54 14,713,270.72 Tax payable 76,686,730.3966,942,907.1589,484,573.70 62,319,098.96 Interest payable 195,250.00Dividend payableOther account payable 88,031,611.0031,969,193.3924,231,372.13 14,582,847.36 Reinsurance fee payableInsurance contract provisionEntrusted trading of securitiesEntrusted selling of securitiesNon-current liability due in 1 yearOther current liabilityTotal of current liability 2,389,170,802.961,517,992,992.391,931,459,524.10 1,321,376,769.20 Non-current liabilitiesLong-term borrowings 260,463,800.00190,463,800.00247,463,800.00 190,463,800.00 Bond payableLong-term payable 330,000.00330,000.00Special payableContingent liabilitiesDiffered income tax liability 1,225,366.391,225,366.391,225,366.39 1,225,366.39 Other non-recurring liabilities 8,004,440.006,362,250.003,322,740.00 1,942,250.00 Total of non-current liabilities 270,023,606.39198,051,416.39252,341,906.39 193,631,416.39 Total of liability 2,659,194,409.351,716,044,408.782,183,801,430.49 1,515,008,185.59 Owners’ equity (or shareholders’ equity)Capital paid in (or share capital) 483,340,000.00483,340,000.00371,800,000.00 371,800,000.00 Capital reserves 138,953,250.09138,953,250.09138,953,250.09 138,953,250.09 Less: Shares in stockSpecial reservesSurplus reserves 327,932,742.87309,176,337.74327,932,742.87 309,176,337.74 Common risk provisionRetained profit 1,492,988,294.961,147,991,878.711,497,423,473.50 1,116,867,980.67 Different of foreign currency translationTotal of owner’s equity belong to the parent company 2,443,214,287.922,079,461,466.542,336,109,466.46 1,936,797,568.50 Minor shareholders’ equity 371,468,898.18390,861,347.35Total of owners’ equity 2,814,683,186.102,079,461,466.542,726,970,813.81 1,936,797,568.50 Total of liabilities and owners’ equity 5,473,877,595.453,795,505,875.324,910,772,244.30 3,451,805,754.09Income StatementPrepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Jun 2010 in RMB YuanAmount of the Current Term Amount of the Previous Term ItemsConsolidated Parent company Consolidated Parent company I. Total revenue 1,840,515,550.971,315,034,718.531,646,527,768.37 1,073,162,456.36 Incl. Business income 1,840,515,550.971,315,034,718.531,646,527,768.37 1,073,162,456.36 Interest incomeInsurance fee earnedFee and commission receivedII. Total business cost 1,477,083,633.931,086,383,790.371,338,614,316.66 897,083,253.50 Incl. Business cost 1,180,414,236.98882,879,318.321,012,507,507.68 647,775,737.01 Interest expenseFee and commission paidInsurance discharge paymentNet claim amount paidNet insurance policy reserves providedInsurance policy dividend paidReinsurance expensesBusiness tax and surcharge 5,129,818.231,947,356.385,160,353.50 1,470,364.64 Sales expense 54,567,107.0535,616,211.6445,458,660.63 31,560,637.45 Administrative expense 177,912,362.66122,113,732.45249,922,132.65 201,008,922.60 Financial expenses 9,719,615.004,603,057.83-6,368,268.96 -8,223,147.20 Asset impairment loss 49,340,494.0139,224,113.7531,933,931.16 23,490,739.00 Plus: Gains from change of fair value (“-“ for loss)Investment gain (“-“ for loss) 1,100,735.7798,297,793.2729,898,083.98 74,878,300.00 Incl. Investment gains from affiliatesGains from currency exchange (“-“ for loss)III. Operational profit (“-“ for loss) 364,532,652.81326,948,721.43337,811,535.69 250,957,502.86 Plus: Non business income 2,207,680.04891,907.713,489,025.96 274,985.76 Less: Non-business expenses 5,058,255.042,382,712.612,868,349.38 1,673,162.45 Incl. Loss from disposal of non-current assetsIV. Gross profit (“-“ for loss) 361,682,077.81325,457,916.53338,432,212.27 249,559,326.17 Less: Income tax expenses 55,770,552.8534,074,018.4950,301,587.28 26,202,153.93 V. Net profit (“-“for net loss) 305,911,524.96291,383,898.04288,130,624.99 223,357,172.24 Net profit attributable to the owners of parent company255,824,821.46291,383,898.04238,780,981.80 223,357,172.24 Minor shareholders’ equity 50,086,703.5049,349,643.19VI. Earnings per share:(I) Basic earnings per share 0.52930.6422(II) Diluted earnings per share 0.52930.6422VII. Other misc. incomesVIII. Total of misc. incomes 305,911,524.96291,383,898.04288,130,624.99 223,357,172.24Total of misc. incomes attributable to the owners of the255,824,821.46291,383,898.04238,780,981.80 223,357,172.24 parent companyTotal misc gains attributable to the minor shareholders50,086,703.5049,349,643.19Cash Flow StatementPrepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Jun 2010 in RMB YuanAmount of the Current Term Amount of the Previous TermItemsConsolidated Parent company Consolidated Parent companyI. Net cash flow from business operationCash received from sales of products and providing of1,762,387,472.251,107,857,783.611,406,430,485.49 938,720,443.94servicesNet increase of customer deposits and capital kept forbrother companyNet increase of loans from central bankNet increase of inter-bank loans from other financialbodiesCash received against original insurance contractNet cash received from reinsurance businessNet increase of client deposit and investmentNet increase of trade financial asset disposalCash received as interest, processing fee, andcommissionNet increase of inter-bank fund receivedNet increase of repurchasing businessTax returned 1,069,300.0015,999,725.87 14,407,182.93Other cash received from business operation 28,631,978.565,500,330.1420,064,437.32 2,191,871.00Sub-total of cash inflow from business activities 1,792,088,750.811,113,358,113.751,442,494,648.68 955,319,497.87 Cash paid for purchasing of merchandise and services1,074,285,012.58665,615,592.591,042,124,631.51 839,332,022.58Net increase of client trade and advanceNet increase of savings in central bank and brothercompanyCash paid for original contract claimCash paid for interest, processing fee and commissionCash paid for policy dividend152,196,676.51 Cash paid to staffs or paid for staffs 207,469,163.90164,121,586.78191,294,908.68Taxes paid 191,337,679.45115,386,353.49160,723,076.96 100,812,561.79Other cash paid for business activities 109,021,931.6135,380,449.4658,126,016.46 20,394,180.04Sub-total of cash outflow from business activities 1,582,113,787.54980,503,982.321,452,268,633.61 1,112,735,440.92Cash flow generated by business operation, net 209,974,963.27132,854,131.43-9,773,984.93 -157,415,943.05II. Cash flow generated by investingCash received from investment retrievingCash received as investment gains 1,100,735.7798,197,057.5030,114,561.65 92,090,800.00Net cash retrieved from disposal of fixed assets,92,900.0072,950.00146,400.00 146,400.00intangible assets, and other long-term assetsNet cash received from disposal of subsidiaries orother operational unitsOther investment-related cash received 90,868.96100,735.77Sub-total of cash inflow due to investment activities1,284,504.7398,370,743.2730,260,961.65 92,237,200.00Cash paid for construction of fixed assets, intangible123,511,525.9228,680,728.1524,019,009.01 7,944,707.66assets and other long-term assets1,937,647.85Cash paid as investment 700,000.001,937,647.85 Net increase of loan against pledgeNet cash received from subsidiaries and otheroperational unitsOther cash paid for investment activitiesSub-total of cash outflow due to investment124,211,525.9228,680,728.1525,956,656.86 9,882,355.51activitiesNet cash flow generated by investment -122,927,021.1969,690,015.124,304,304.79 82,354,844.49III. Cash flow generated by financingCash received as investmentIncl. Cash received as investment from minorshareholders140,463,800.00Cash received as loans 193,000,000.00287,463,800.00 Cash received from bond placingOther financing-related cash receivedSubtotal of cash inflow from financing activities 193,000,000.00287,463,800.00 140,463,800.00Cash to repay debts 71,000,000.00105,000,000.00Cash paid as dividend, profit, or interests 226,621,543.69152,939,465.11210,780,258.38 151,503,175.10Incl. Dividend and profit paid by subsidiaries to minorshareholdersOther cash paid for financing activities 3,000,000.00Subtotal of cash outflow due to financing activities297,621,543.69152,939,465.11318,780,258.38 151,503,175.10Net cash flow generated by financing -104,621,543.69-152,939,465.11-31,316,458.38 -11,039,375.10IV. Influence of exchange rate alternation on cash and cash-332,422.52-332,337.3213,042,975.99 13,042,967.12equivalentsV. Net increase of cash and cash equivalents -17,906,024.1349,272,344.12-23,743,162.53 -73,057,506.54Plus: Balance of cash and cash equivalents at the486,439,602.82100,717,329.17450,103,030.94 158,711,304.02beginning of termVI. Balance of cash and cash equivalents at the end of term468,533,578.69149,989,673.29426,359,868.41 85,653,797.48Consolidated Statement of Change in Owners’ EquityPrepared by: Hangzhou Steam Turbine Co., Ltd. The 1st Half of 2010 in RMB YuanAmount of the Current Term Amount of Last Year Owners’Equity Attributable to the Parent Company Owners’Equity Attributable to the Parent CompanyItems Capital paidin (or sharecapital) CapitalreservesLess:Sharesin stockSpecialreservesSurplusreservesCommon riskprovisionRetainedprofitOthersMinorshareholders’equityTotal ofowners’equityCapital paidin (or sharecapital)CapitalreservesLess:Sharesin stockSpecialreservesSurplusreservesCommon riskprovisionRetainedprofitOthersMinorshareholders’equityTotal ofowners’equityI. Balance at the end of last year 371,800,000.00138,953,250.09327,932,742.871,497,423,473.50390,861,347.352,726,970,813.81371,800,000.00138,953,250.09279,205,827.201,111,352,798.36306,483,927.772,207,795,803.42Plus: Change of accounting policy Correcting of previous errors OthersII. Balance at the beginning of current year 371,800,000.00138,953,250.09327,932,742.871,497,423,473.50390,861,347.352,726,970,813.81371,800,000.00138,953,250.09279,205,827.201,111,352,798.36306,483,927.772,207,795,803.42III. Changed in the current year (“-“ for decrease) 111,540,000.00-4,435,178.54-19,392,449.1787,712,372.2948,726,915.67386,070,675.1484,377,419.58519,175,010.39(I)Netprofit 255,824,821.4650,086,703.5305,911,524.96583,517,590.81121,356,241.00704,873,831.81(II) Other misc. incomeTotal of (I) and (II) 255,824,821.4650,086,703.5305,911,524.96583,517,590.81121,356,241.00704,873,831.81(III) Investment ordecreasing of capital by owners 6,585,711.866,585,711.861. Capital inputted by owners 18,067,564.8618,067,564.862. Amount of shares paid and accounted as owners’ equity3. Others -11,481,853.0-11,481,853.0(IV) Profit allotment 111,540,000.00260,260,000.0-69,479,152.67-218,199,152.6748,726,915.67-197,446,915.67-43,564,533.28-192,284,533.281. Providing of surplus reserves 48,726,915.67-48,726,915.672. Common riskprovision3. Allotment to the 111,540,000.260,260,000.0-69,479,152.6-218,199,152.-148,720,000.-43,564,533.2-192,284,533.6owners (orshareholders)000767008 28 4. Others(V) Internaltransferring ofowners’ equity1. Capitalizing ofcapital reserves (orto capital shares)2. Capitalizing ofsurplus reserves (orto capital shares)3. Making up lossesby surplus reserves4. Others(VI) Specialreserves1. Provided thisyear2. Used this termIV. Balance at the end of this term 483,340,000.00138,953,250.09327,932,742.871,492,988,294.96371,468,898.182,814,683,186.10371,800,000.00138,953,250.09327,932,742.871,497,423,473.50390,861,347.352,726,970,813.81Change in Owners’ Equity (Parent Co.)Prepared by: Hangzhou Steam Turbine Co., Ltd. The 1st Half of 2010 in RMB YuanAmount of the Current Term Amount of Last YearItems Capital paidin (or sharecapital) CapitalreservesLess:SharesinstockSpecialreservesSurplusreservesCommonriskprovisionRetainedprofitTotal ofowners’equityCapital paidin (or sharecapital)CapitalreservesLess:SharesinstockSpecialreservesSurplusreservesCommonriskprovisionRetainedprofitTotal ofowners’ equityI. Balance at the end of last year 371,800,000.00138,953,250.09309,176,337.741,116,867,980.671,936,797,568.50371,800,000.00138,953,250.09260,449,422.07827,045,739.681,598,248,411.84Plus: Change of accounting policy Correcting of previous errorsOthersII. Balance at the beginning of current year 371,800,000.00138,953,250.09309,176,337.741,116,867,980.671,936,797,568.50371,800,000.00138,953,250.09260,449,422.07827,045,739.681,598,248,411.84III. Changed in the current year (“-“ for decrease) 111,540,000.031,123,898.04142,663,898.0448,726,915.67289,822,240.99338,549,156.667(I)Netprofit 291,383,898.04291,383,898.04487,269,156.66487,269,156.66(II)Othermisc.incomeTotal of (I) and (II) 291,383,898.04291,383,898.04487,269,156.66487,269,156.66(III) Investment or decreasing of capital by owners1. Capital inputted by owners2. Amount of shares paid and accounted as owners’equity3. Others(IV) Profit allotment 111,540,000.0-260,260,000.00-148,720,000.0048,726,915.67-197,446,915.67-148,720,000.01. Providing of surplus reserves 48,726,915.67-48,726,915.672.Commonriskprovision3. Allotment to the owners (or shareholders) 111,540,000.0-260,260,000.00-148,720,000.00-148,720,000.00-148,720,000.04. Others(V) Internal transferringof owners’ equity1. Capitalizing of capital reserves (or to capitalshares)2. Capitalizing of surplus reserves (or to capitalshares)3. Making up losses bysurplus reserves4. Others(VI)Specialreserves 1.Providedthisyear 2. Used this termIV. Balance at the end of this term 483,340,000.00138,953,250.09309,176,337.741,147,991,878.712,079,461,466.54371,800,000.00138,953,250.09309,176,337.741,116,867,980.671,936,797,568.508(II) Notes to Financial Statements (the 1st half of 2010)In RMB I. Company ProfileHangzhou Steam Turbine Co., Ltd. (the Company) was incorporated as a joint stock limited company exclusively promoted by Hangzhou Steam Turbine & Power Group Company Limited (“HSTG”) approved by the Securities Regulatory Commission of the State Council with the Document SRC [1998] No. 8 by offering domestically listed foreign currency ordinary shares (B Shares), with registration date: April 23, 1998, legal entity business license No.: QGZZ Zi No. 002150, current registered capital RMB 220,000,000. The Company has issued 80,000,000 B Shares which have been listed for trading with Shenzhen Stock Exchange commencing from April 28, 1998. On December 2, 1998, the Company became a joint stock enterprise with foreign investment through approval by the State Ministry of Foreign Trade and Economic Cooperation with the document [1998]外经贸资二函字第745号. The number of Business License was changed to 330000400001023 on May 6, 2009.On June 8th 2006, as approved at the Shareholders’ Annual Meeting 2005, the Company capitalized the common reserves upon the total capital shares of 220 million shares at December 31, 2005, namely 3 new shares to each 10 shares. After that, the total of capital shares was changed to 286 million shares, and the registered capital was changed to RMB286 million thereof. Registration alternation procedures have been accomplished on December 31, 2006.On June 15th 2006, as approved at the Shareholders’ Annual Meeting 2006, the Company capitalized the common reserves upon the total capital shares of 286 million shares at December 31, 2006, namely 3 new shares to each 10 shares (tax included). After that, the total of capital shares was changed to 371.8 million shares, and the registered capital was changed to RMB371.8 million thereof. Registration alternation procedures have been accomplished in December, 2007.On June 2, 2010, as approved at the Shareholders’ Annual Meeting 2009, the Company capitalized the common reserves upon the total capital shares of 371.8 million shares at December 31, 2009, namely 3 new shares to each 10 shares (tax included). After that, the total of capital shares was changed to 483.34 million shares, and the registered capital was changed to RMB483.34 million thereof. Among the capital shares, 307.58 million shares are non-negotiable state-owned legal person shares, and 175.76 million are current B-shares. Registration alternation procedures are in process.The scope of key business of the Company: The design and manufacturing of steam turbine, gas turbine, other rotating and to-and-fro machinery and auxiliary equipment, and spare parts and components, sales of self-manufactured products and the provision of relevant after-sales service and import & export service.II. The main accounting policies and accounting estimations adopted(I) Basis of compiling the finance reportThe Company adopts perpetual operation as the basis of financial statements.(II) Statement of compliance to the Enterprise Accounting StandardThe finance report compiled by the Company is accordance with the enterprise accounting standard taken effect in February 2006, it reflects the Company’s finance state, achievements and cash flow fairly and entirely.(III) Accounting periodThe Company uses the calendar year for its fiscal year. A fiscal year is from January 1 to December 31.(IV) Standard currency for bookkeepingThe Company uses Renminbi (RMB) as the standard currency for book keeping.(V) Accounting treatment of the entities under common control and different control as well1. Treatment of entities under common controlAssets and liabilities acquired in merger of entities are measured at book values at the date of merger. The difference between the net book value of asset and the offered price (or total of face value of shares issued) will be adjusted into capital reserves; when the capital reserves is not enough to reduce, it will be adjusted into retainedprofit.2. Treatment of entities under different controlThe difference of takeover cost over the fair value of recognizable net asset of the acquired entity is recognized as goodwill at the day of takeover; in case the takeover cost is lower than the fair value of recognizable net asset of the acquired entity, the measuring process over the recognizable asset, liabilities,contingent liabilities, and takeover cost, shall be repeated, if comes out the same result, the difference shall be recorded into current income account.(VI) Method for preparing the consolidated financial statementsThe parent company puts all of its subsidiaries under its control into the consolidated financial statements. The consolidated financial statements are prepared according to the 揈nterprise Accounting Standard No. 33 – Consolidated Financial Statements”, basing on the accounts of the parent company and the subisidiaries, and after adjusting the long-term investment equity in the subsidiary on equity basis.(VII) Recognition of cash and cash equivalentsCash equivalent refers to the investment held by the Company with short term, strong liquidity and lower risk of value fluctuation that is easy to be converted into cash of known amount.(VIII) Foreign currency trade and translation of foreign currencies1. Translation of foreign currencyForeign currency trades are translated into RMB at the rate of the day when the trades are made. Those balances of foreign currencies and monetary items in foreign currencies are accounted at the exchange rate of the balance sheet date. Exchange differences, other than special loans satisfying the conditions of capitalization, are accounted into current income account. Non-monetary items in foreign currencies and on historical cost are translated at the rate of the trade day. Non-monetary items in foreign currencies and on fair value are translated at the rate of the day when the fair value is recognized, where the differences are accounted as gain/loss from change of fair value.2. Translation of foreign currency financial statementsAsset and liability items in the balance sheet are translated at the rate of the balance sheet day; Owners’ equity, other than “retained profit”, are translated at the rate when occurred; income and expense items in the income statement are translated at the rate of the trade date. Differences raised from aforesaid translations are presented individually under the owners’ equity in the balance sheet. Items in the cash flow statement are translated at the rate when the particular item was occurred. Influence of the changing of exchange rate are presented in the cash flow statement individually.(IX) Financial instruments1. Type of finance asset and finance debtFinance assets are divided initially into four types of financial asset appointed to be measured at fair value with their changes are accounted into current gain/loss accounts(including transactional finance asset and financial asset appointed to be measured at fair value with their changes are accounted into current gain/loss accounts), transactional financial assets, debt and account receivable, finance asset saleable.Finance debts are divided initially into two types of financial debt appointed to be measured at fair value with their changes are accounted into current gain/loss accounts(including transactional finance debt and financial debt appointed to be measured at fair value with their changes are accounted into current gain/loss accounts), other finance debt.2. Basis of recognition and accounting of finance asset and finance debtWhen the Company is one part of the finance instrument contract, one finance asset or debt is recognized. When on recognizing initially finance asset or debt, it is measured by fair value, for the finance asset or debt which appointed to be measured at fair value with their changes are accounted into current gain/loss accounts, the related transaction expenses are directly accounted into current gain and loss; for other finance asset and debt, the related transaction expenses accounted into the initial recognition account.The Company future measures finance asset by fair value without deducting future possible transaction fee but with exception: (1) Due investment, debt and account receivable are measured by actual interest rate according to the amortized costs. (2) Equity instrument investment which have no quote in active market and which fair value can’tbe measured reliably, and its derived finance assets which are connected with the equity instrument and which are summarized through the equity instrument, are measured by cost.The Company conduct successive measure of finance debt according to amortized cost by actual interest rate with exception as following: (1) finance debt which appointed to be measured at fair value with their changes are accounted into current gain/loss accounts, is measured at fir value without deducting possible future transactional fee at settlement; (2) Equity instrument investment which have no quote in active market and which fair value can’t be measured reliably, and its derived finance assets which are connected with the equity instrument and which are closed off through the equity instrument, are measured by cost. (3) finance debt sponship contracts which are not appointed to be measured at fair value with their changes are accounted into current gain/loss accounts, or debt agreements at rate lower than market rate and which are not appointed to be measured at fair value with their changes are accounted into current gain/loss accounts, are measured at the higher value between the optimal estimated value payable according to current obligations and the surplus value from which the initial recognition value deduct the accumulated amortized amount according to the actual interest rate.Gain or loss from fluctuation of financial assets or liabilities are handled at the following ways, except for relating to hedge instrument. (1) Gain or loss from fluctuation of fair value of financial assets or liabilities and accounted into current gain/loss account, are accounted into gain/loss of fluctuation of fair value. Interests or cash dividend received in the period of holding these assets are recognized as investment gains. When they are disposed, the difference between the amount actually received and initially booked value is recognized as investment gains, and adjust the gain/loss from fair value fluctuation. (2) Fluctuation of fair value of sellable financial assets accounted into capital reserves; interests gained at actual interest rate are accounting into investment gains; the cash dividend received from sellable instrument investment, are accounted into investment gains when distributed; At disposal of these investment, the difference between actual amount received and book value are recognized as investment gains after deducting of accumulated change of fair value which are originally accounted into capital reserves.As soon as the contract rights of acquiring the cash flow of particular financial asset have been terminated or almost all of the risks and rewards attached to the financial asset have been transferred, recognition of the financial asset is terminated; as soon as the current liabilities attached to the financial liability have been completely or partially relieved, recognition of the financial liability or part of is terminated.3. Basis of recognition and accounting of financial asset transferringThe Company stop recognizing the finance asset which risks and remuneration of ownership are transferred to the receiver; and continue to recognize the transferred finance asset which risks and remuneration of ownership are kept, and recognize the value as one finance debt. For the finance assets which risks and remuneration of ownership are not transferred or kept, the Company recognize them as following: (1) stop recognizing the finance asset which are given up the control; (2) continue to recognize the finance asset and related finance debt according to the extend which involved into the transferred finance asset for the finance asset which are not given up control.The Company measured the surplus between the following two values for the transferred finance assets which fulfill the stop recognition requirements into current gain or loss: (1) Account value of the transferred finance asset; (2) Consideration plus the accumulated fair value changes which were accounted directed into ownership rights. For the transferred finance assets which partly fulfill the stop recognition requirements the Company amortized the stopped recognition part and the not-stopped recognition part of the account value of the whole transferred finance asset, and account the surplus between the following two values into current gain or loss: (1) Account value of the stopped recognition part; (2) consideration plus the corresponding stopped recognition part of the accumulated fair value changes which were accounted directed into ownership rights.4. Basis of recognition and accounting of fair value for the main finance asset and finance debtFor the finance asset or debt which active market exists, the Company recognize the fair value according to the quote on the active market; for the finance asset or debt which active market not exists, the Company recognized the fair value using estimation technology (including reference of the latest market prices from freewill transactions by persons familiar with conditions, reference of the current fair value of other similar finance instrument in characteristics, discounted cash flow models and Option Pricing Model); for the initially acquired or initial finance asset or finance debt, the Company recognize the fair value basis on the market trading price.5. Impairment test and impairment reserves planThe Company conduct impairment test to the finance asset other than which appointed to be measured at fair value。
深赛格B:2010年第一季度报告全文(英文版) 2010-04-29
SHENZHEN SEG CO., LTD.The First Quarterly Report 2010 (Full Text)§1. Important Notes1.1 The Board of Directors and Supervisory Committee of Shenzhen SEG Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior executives confirm hereby that there are no any fictitious statements, misleading statements, or important omissions carried in this report, and shall take all the responsibilities, individual and/or joint, for the reality, accuracy and completeness of the whole contents.1.2 The First Quarterly Financial Report of 2010 has not been audited by CPAs.1.3 Zhang Weimin, Principal of the Company, Li Lifu, Person in Charge of Accounting Affairs and Ying Huadong, Person in Charge of Accounting Organ (Accounting Supervisor) hereby confirm that the Financial Report of the First Quarterly Report is true and complete.§2. Company Profile2.1 Main accounting data and financial indexes:Unit: RMBAt the end of reportperiod At the period-end oflast yearChanges ofincrease/decrease (%)Total assets (RMB) 1,381,542,466.011,359,490,387.43 1.62% Owners’ equity attributable toshareholders of listed company (RMB)1,044,336,545.891,015,659,488.47 2.82% Share capital (Share) 784,799,010.00784,799,010.00 0.00% Net asset per share attributable toshareholders of listed company(RMB/Share)1.331 1.2942.86%In the report period The same period of lastyearChanges ofincrease/decrease (%)Total operating income (RMB) 91,307,818.0567,892,989.04 34.49% Net profit attributable to shareholders oflisted company (RMB)15,759,677.99-88,214,473.65 -117.87% Net cash flow arising from operatingactivities (RMB)17,840,734.0613,913,598.52 28.23% Net cash flow arising from operatingactivities per share (RMB/Share)0.02270.0177 28.25% Basic earnings per share (RMB/Share) 0.0201-0.1124 -117.87% Diluted earnings per share (RMB/Share) 0.0201-0.1124 -117.87% Weighted average return on equity (%) 1.53%-6.79% 8.32% Weighted average return on equity afterdeducting non-recurring gains and losses(%)1.53%-7.08% 8.61%Items of non-recurring gains and lossesAmount from year-beginning to the end of report periodOther non-operating income and expenditure except for the aforementioned items 97,850.12 Influenced amount of income tax -21,527.03Influenced amount of minority shareholders’ equity -31,864.37Total 44,458.72 Explanations of items of significant non-recurring gains and losses1. Other non-operating income and expenditure except for the aforementioned items:mainly the damages for breach of contract received by the Company;2. Influenced amount of income tax: the influenced amount of deductible income tax increased due to the profit increase because of the aforementioned item;;3. Influenced amount of minority shareholders’ equity: this item increased due to the increase of the aforementioned No.1 item of controlling subsidiary of the Company.2.2 Total number of shareholders at the end of the report period and shares held by the top ten shareholders without restricted conditionsUnit: Share Total number of shareholdersat the end of report period59,152Particulars about the shares held by the top ten tradable shareholders without restricted conditionsFull name of shareholder Amount of tradable shares withoutrestricted conditions held at the endof report periodType of sharesSHENZHEN SEG GROUP CO., LTD. 237,359,666 RMB ordinary shares GUANGZHOU FODAK ENTERPRISEGROUP CO., LTD.18,880,334 RMB ordinary shares Yang Zhihui 12,582,734 RMB ordinary shares Taifook Securities CompanyLimited-Account Client5,758,103 Domestically listed foreign shares Gong Qianhua 5,560,967 Domestically listed foreign shares Zeng Ying 4,280,048 Domestically listed foreign shares Zhu Wei 4,066,739 RMB ordinary shares Tang Lizhu 3,796,200 RMB ordinary shares SHANGHAI QILE ECONOMIC ANDTRADE CO., LTD.2,754,330 RMB ordinary shares Cao Xianhua 2,702,000RMB ordinary shares§3. Significant Events3.1 Particulars about material changes in items of main accounting statement and financial index, and explanations of reasons√Applicable □InapplicableI. Balance sheet itemItem Mar. 31, 2010 Dec. 31, 2009 Balance Proportion ofchanges % Inventory 1,919,437.27 5,886,392.39 -3,966,955.12 -67.39% Construction in progress 9,776,526.68 26,192,075.55 -16,415,548.87 -62.67% Staff salaries payable 1,172,559.95 4,261,476.99 -3,088,917.04 -72.48% 1. Inventory: decreased by RMB 3.97 million with a fall of 67.39% over the end of last year, which was mainly because the inventories of the Company decreased in the report period.2. Construction in progress: decreased by RMB 16.42 million with a fall of 62.67% over the end of last year. Its reason was that the construction in progress of the subsidiary Changsha SEG Development Co., Ltd. (hereinafter referred to as Changsha SEG) was completed and thentransferred into fixed assets in the report period.3. Staff salaries payable: decreased by RMB 3.09 million with a fall of 72.48% over the end of last year. Its reason was that the Company paid the staff for salaries in the report period.II. Income statement itemItem Amount in thisperiodAmount in thesame period oflast yearBalanceProportion ofchanges %Operating income 91,307,818.0567,892,989.0423,414,829.01 34.49% Operating cost 56,496,489.2231,746,485.6924,750,003.53 77.96% Operating tax and extras 3,724,614.303,012,887.52711,726.78 23.62% Sales expense 1,370,260.25906,378.64463,881.61 51.18% Losses from devaluation ofassets--1,500,000.001,500,000.00 -100.00% Investment gains -3,029,152.47-115,823,698.14112,794,545.67 -97.38% Operating profit 23,529,850.53-85,166,016.78108,695,867.31 -127.63% Non-operating income 139,079.301,620,912.10-1,481,832.80 -91.42% Non-operating expenditure 41,229.18100,985.93-59,756.75 -59.17% Total profits 23,627,700.65-83,646,090.61107,273,791.26 -128.25% Income tax expense 5,951,587.042,313,487.223,638,099.82 157.26% Net profit 17,676,113.61-85,959,577.83103,635,691.44 -120.56% Net profit attributable toowners of parent company15,759,677.99-88,214,473.65103,974,151.64 -117.87% Basic earnings per share 0.0201-0.11240.1325 -117.87% Diluted earnings per share 0.0201-0.11240.1325 -117.87% Other consolidated income 12,964,835.24-574,782.6813,539,617.92 -2355.61% Total consolidated income 30,640,948.85-86,534,360.52117,175,309.37 -135.41% Total consolidated incomeattributable to owners ofparent company28,677,057.42-88,896,727.63117,573,785.05 -132.26% 1. Operating income: increased by RMB 23.41 million with an increase of 34.49% over the same period of last year. The main reasons were i. In the report period, Changsha SEG and Changsha Hotel of Shenzhen Mellow Orange Business Hotel Management Co., Ltd. (hereinafter referred to as Mellow Orange Hotel) started operation which increased the operating income of the Company; ii. Income from Buy-it Store increased compared with the same period of last year.2. Operating cost: increased by RMB 24.75 million with an increase of 77.96% over the same period of last year. The main reason was the increase of operating income caused the increase of operating cost accordingly.3. Operating tax and extras: increased by RMB 710,000 with an increase of 23.62% over the same period of last year. The main reason was the increase of operating income caused the increase ofoperating tax and extras accordingly.4. Sales expense: increased by RMB 460,000 with an increase of 51.18% over the same period of last year. The main reason was the increase of operating income caused the increase of sales expense accordingly.5. Losses from devaluation of assets: no losses from devaluation of assets occurred in the report period, whereas that was RMB -1.5 million in the same period of last year. The main reasons was part of account receivable which had been withdrawn losses of bad debts in the same period of last year was taken back through lawsuit.6. Investment gains: increased by RMB 112.79 million over the same period of last year. The main reason was the losses of Shenzhen SEG Samsung Co., Ltd. (hereinafter referred to as SEG Samsung) in which the Company holds 22.45% of its equity decreased in the report period over the same period of last year.7. Operating profit: increased largely over the same period of last year. The main reasons were the losses of SEG Samsung in which the Company holds 22.45% of its equity decreased in the report period over the same period of last year causing a large decrease in investment losses.8. Non-operating income: decreased by RMB 1.48 million with a decrease of 91.42% over the same period of last year. The main reasons were the Company switched back the account payable which it did not need to pay in the same period of last year, but no such switch-back occurred in the report period.9. Total profits: increased largely over the same period of last year. The main reason was the same as that of Item 7.10. Income tax expense: increased by RMB 3.64 million with an increase of 157.26% over the same period of last year. The main reason was the profit payable of this report year went up and income tax rate of this report year in Shenzhen also grew.11. Net profit: increased largely over the same period of last year. The main reason was the same as that of Item 7.12. Net profit attributable to owners of parent company: increased largely over the same period of last year. The main reason was the same as that of Item 7.13. Basic earnings per share: increased largely over the same period of last year. The main reasons were the same with Item 7.14. Diluted earnings per share: increased largely over the same period of last year. The main reason was the same as that of Item 7.15. Other consolidated income: increased by RMB 13.54 million largely over the same period of last year. The main reason was in the report period, SEG Samsung in which the Company holds 22.45% of its equity received the financial support funds amounting to RMB 56 million from its shareholder Samsung Corning Investment Co., Ltd., thus RMB 12.57 million was added into other consolidated income of the Company.16. Total consolidated income: increased largely over the same period of last year. The main reasons were the same as that of Items 7 and 15.17. Total consolidated income attributable to owners of parent company: increased largely over the same period of last year. The main reason was the same as that of Items 7 and 15.III. Cash flow statement itemItem Amount in thisperiodAmount in thesame period oflast yearBalanceProportion ofchanges %Other cash receivedrelating to operating activities64,583,939.9735,621,486.0928,962,453.88 81.31% Cash paid to/for staff andworkers11,883,672.359,605,770.002,277,902.35 23.71%Other cash paid relating to53,590,151.5031,135,749.7322,454,401.77 72.12% operating activitiesCash received from0.002,198,720.24-2,198,720.24 -100.00% recovering investmentNet cash received from15,444.00141,500.00-126,056.00 -89.09% disposal of fixed, intangible andother long-term assetsNet cash received from disposal0.0034,229,363.41-34,229,363.41 -100.00% of subsidiaries and other unitsCash paid for purchasing fixed,4,591,584.05701,547.003,890,037.05 554.49% intangible and other long-termassetsCash paid for investment 0.0053,030,000.00-53,030,000.00 -100.00% 1. Other cash received relating to operating activities: increased by RMB 28.96 million with an increase of 81.31% over the same period of last year. The main reasons were i. items of newly-opened Changsha SEG and Mellow Orange Hotel in the report period and newly-increased Buy-it Store in last May increased; ii. The general cashing business was developed in the electronic market, so the goods payment received on behalf of merchants increased.2. Cash paid to/for staff and workers: increased by RMB 2.28 million with an increase of 23.71% over the same period of last year. The main reasons were in the report period, Changsha SEG and Mellow Orange Hotel started operations, and the staff in Buy-it Store added increasing the salaries payable to the staff of the three companies.3. Other cash paid relating to operating activities: increased by RMB 22.45 million with an increase of 72.12% over the same period of last year. The main reasons were i. items of Changsha SEG and Mellow Orange Hotel newly-opened in the report period and Buy-it Store newly-increased last year increased; ii. The general cashing business was developed in the electronic market, the goods payment returning to merchants increased.4. Cash received from recovering investment: decreased by RMB 2.2million over the same period of last year. The main reason was in the same period of last year, the Company reduced the shares of Shenzhen Zero-Seven Co., Ltd. held by the Company amounting to 530,000, but no such sales occurred in the report period.5. Net cash received from disposal of fixed, intangible and other long-term assets: decreased by RMB 130,000 with a decrease of 89.09% over the same period of last year. The main reasons was the amount of fixed assets disposal in the same period of last year was bigger.6. Net cash received from disposal of subsidiaries and other units: decreased by RMB 34.23 million over the same period of last year. The main reasons was in the same period of last year, the Company received the equity account on selling former subsidiaries Shenzhen SEG Communications Co., Ltd, but no such sales of subsidiary occurred in the report period.7. Cash paid for purchasing fixed, intangible and other long-term assets: increased by RMB 3.89 million with an increase of 554.49% over the same period of last year. The main reasons were: the newly-opened Changsha SEG and Mellow Orange Hotel purchased fixed assets in the report period, thus the item increased.8. Cash paid for investment: decreased by RMB 55.03 million over the same period of last year. The main reason was in the same period of last year, the Company purchased 46 percent of the equity of Changsha SEG, but no such expenditure of equity acquisition occurred in the report period.3.2 Analysis and explanation of significant events and their influence and solutions□Applicable √Inapplicable3.3 Implementations of commitments by the Company, shareholders and actual controller√Applicable □InapplicableItem of CommitmentsPromiseeContent of commitmentsImplementationCommitments on Share Merger ReformInapplicable ----Commitments on share restricted tradeInapplicable ----Commitments made in Acquisition Report or Reports on Change in EquityInapplicable ----Commitments made in MaterialAssets ReorganizationInapplicable----Commitments made in issuanceShenzhen SEG Group Co., Ltd. Article 5 of the Equity Transfer Agreement which the Company had signed with SEG Group at the time of the Company’s listing stipulated: SEG Group permits the Company, as well as its subsidiaries of theCompany and affiliated companies to use the 8 registered trademarks that SEG Group has presently registered at the StateTrademark Office; italso permits theCompany to take the aforesaid trademarks and symbols that are similar to these marks as the symbol of the Company, as well as to use the aforesaid symbols or symbols that are similar to these symbols during the operation process; the Company doesn’t have to pay SEG Group any fee for the use of the aforesaidtrademarks or symbols.In the report period, this commitmentwas still executed according to thecommitment.Other commitments (includingadditional commitments)Shenzhen SEG Group Co., Ltd. According to the problem of “Yourcompany’s existing same industry competition in theelectronic market business with SEGIn the report period, controllingshareholder abided by the above commitment.Group” pointed outby Shenzhen Securities Regulatory Bureau in 2007 at the spot investigation of the Company, the Company received written Commitment Letter from SEG Group on Sep.14, 2007 and the content was as follows: our Group has similar business in Shenzhen electronic market with Shenzhen SEG Co., Ltd. (Shenzhen SEG), and the business was resulted by history and it has objective market developmentbackground. The Group made commitment: For the future, we do not operate on the market which is similar to Shenzhen SEG singly in the same city. The aforesaid matters have been disclosed in Securities Times ,China Securities Journal and Hong Kong Wen Wei Po and Juchao Website dated Sep. 18, 2007. In the report period, the holding company observed the above commitment.3.4 Estimation of accumulative net profit from the beginning of the year to the end of next report period to be a loss probably or the warning of its material change compared with the same period of last year and explanation of its reason √Applicable □InapplicableFore-notice of performances Carry-back of lossesYear-beginning to the end of next report period The same period oflast yearChange of increase/decrease (%)Estimated amount ofaccumulative net profit(RMB’0000)Approximately 1,600.00to2,700.00-14,608.35 -- -- Basic earnings per share(RMB/Share)Approximately 0.0204 to -0.1861 -- --0.0344Explanations onfore-notice ofperformances(1) SEG Samsung in which the Company holds its equity is predicted to suffer aloss accumulatively from RMB 30 million to RMB 50 million from year-beginning toend of next report period;(2) The performance prediction has not been pre-audited by CPAs.3.5 Other significant events which need explanations3.5.1 Particulars about securities investment □Applicable √Inapplicable3.5.2 Registration form of receiving research, communication and interview in the report periodDate Place Way ObjectsDiscussed main contents andsupplied materials Jan. 6, 2010 Office of the Company Telephone communication Investors Basic information of theCompany Feb. 12, 2010 Office of the Company Telephone communication Holder of B share Basic information of theCompany Mar. 26, 2010 Office of the Company Telephone communication Holder of B share Basic information of theCompany Apr. 7, 2010Office of the CompanyEnquire in written formSecurities DailyGot to know relevant public information of the Company3.5.3 Explanations of other significant events √Applicable □InapplicableThe net profit attributable to owners of parent company disclosed in the 1st quarterly report 2009 was RMB 2.85 million, but that of the same period of last year disclosed in the report was RMB -88.21 million, with the change amount of RMB -91.06 million. The reason for such change was the net profit attributable to owners of parent company of SEG Samsung in which the Company holds 22.45% of its equity disclosed in the 1st quarterly report 2009 was RMB-122 million, whereas that of the same period of last year disclosed in 1st quarterly report 2010 was RMB -504 million. The Company calculated the investment gains from SEG Samsung based on equity method, which caused the investment losses of the same period of last year disclosed in this report of the Company increased by RMB 91.06 million over that disclosed in the 1st quarterly report of 2009.3.6 Particulars about derivatives investment □Applicable √Inapplicable3.6.1 Particulars about derivatives investment held at the end of report period □Applicable √Inapplicable§4. Appendix4.1 Balance sheetPrepared by Shenzhen SEG Co., Ltd. March 31, 2010 Unit: RMBBalance at period-end Balance at year-beginning Items Consolidation Parent Company Consolidation Parent Company Current assets:Monetary funds 498,955,096.86372,852,381.52485,135,270.94 375,350,393.53 SettlementprovisionslentCapitalTransactionassetfinancereceivableNotesAccounts receivable 17,234,225.88400,000.0018,130,631.40 1,134,357.47 Accounts paid in advance 20,037,842.341,081,095.0018,404,268.08 8,035,295.00 receivableInsurancereceivablesReinsuranceContract reserve ofreinsurance receivableInterest receivable 2,460,821.922,460,821.922,460,821.92 2,460,821.92Dividend receivableOther receivables 12,042,162.4945,095,461.3911,971,998.74 45,306,466.00 Purchase restituted financeassetInventories 1,919,437.275,886,392.39 Non-current asset duewithin one yearassetsOthercurrentTotal current assets 552,649,586.76421,889,759.83541,989,383.47 432,287,333.92 Non-current assets:Granted loans and advancesFinance asset available for4,229,970.093,548,500.003,843,571.87 3,304,100.00 salesHeld-to-maturityinvestmentLong-term accountreceivableLong-term equity129,274,947.39310,372,446.43119,732,099.86 300,829,598.90 investmentInvestment property 438,740,452.42345,143,558.87442,502,999.44 347,797,315.91 Fixed assets 210,589,972.7523,031,843.38189,516,718.30 23,314,450.93 Construction in progress 9,776,526.6826,192,075.55materialEngineeringDisposal of fixed assetassetbiologicalProductiveOil and gas assetIntangible assets 4,681,177.38610,581.394,756,432.31 651,865.38 Expense on Research andDevelopmentGoodwill 10,328,927.8210,328,927.82Long-term expenses to be 13,684,505.73961,414.0213,041,779.82 1,165,451.06apportionedDeferred income tax asset 7,586,398.995,994,015.937,586,398.99 5,994,015.93 assetnon-currentOtherTotal non-current asset 828,892,879.25689,662,360.02817,501,003.96 683,056,798.11 Total assets 1,381,542,466.011,111,552,119.851,359,490,387.43 1,115,344,132.03 Current liabilities:Short-termloansLoan from central bankAbsorbing deposit andinter-bank depositborrowedCapitalTransaction financialliabilitiespayableNotesAccounts payable 7,716,840.382,149,017.128,225,509.02 2,178,169.12Accounts received in90,214,246.1242,701,579.41105,563,890.39 65,801,272.52 advanceSelling financial asset ofrepurchaseCommission charge andcommission payableWage payable 1,172,559.9524,450.874,261,476.99 2,065,724.98 Taxes payable 26,095,556.9526,470,386.0424,421,758.66 24,773,634.49 payableInterestDividend payable 921,420.73153,403.29921,420.73 153,403.29 Other accounts payable 95,328,850.9637,415,008.7786,454,289.91 41,932,495.62 payablesReinsuranceInsurance contract reserveagencySecurity trading ofSecurity sales of agencyNon-current liabilities duewithin 1 yearliabilitiescurrentOtherTotal current liabilities 221,449,475.09108,913,845.50229,848,345.70 136,904,700.02 Non-current liabilities:loansLong-termpayableBondspayableLong-termaccountSpecial accounts payableliabilitiesProjectedDeferred income tax liabilities 22,970,034.63547,125.7123,160,034.29 547,125.71 non-currentliabilitiesOtherTotal non-current liabilities 22,970,034.63547,125.7123,160,034.29 547,125.71 Total liabilities 244,419,509.72109,460,971.21253,008,379.99 137,451,825.73 Owner’s equity (or shareholders’equity):Paid-in capital (or sharecapital)784,799,010.00784,799,010.00784,799,010.00 784,799,010.00 Capital public reserve 409,833,425.36407,164,608.41396,922,482.95 394,348,208.41 Less: Treasury stocksReasonable reserveSurplus public reserve 102,912,835.67102,912,835.67102,912,835.67 102,912,835.67 Provision of general riskRetained profit -252,672,245.53-292,785,305.44-268,431,923.52 -304,167,747.78 Balance difference offoreign currency translation-536,479.61-542,916.63Total owner’s equity attributableto parent company1,044,336,545.891,002,091,148.641,015,659,488.47 977,892,306.30 Minority shareholders’ interests 92,786,410.4090,822,518.97Total owner’s equity 1,137,122,956.291,002,091,148.641,106,482,007.44 977,892,306.30 Total liabilities and owner’sequity1,381,542,466.011,111,552,119.851,359,490,387.43 1,115,344,132.03 4.2 Profit statementPrepared by Shenzhen SEG Co., Ltd. Jan.-Mar. 2010 Unit: RMBAmount in this period Amount in last period ItemsConsolidation Parent Company Consolidation Parent Company I. Total operating income 91,307,818.0528,545,784.8967,892,989.04 28,312,781.50 Including: Operating income 91,307,818.0528,545,784.8967,892,989.04 28,312,781.50 InterestincomeInsurancegainedCommission charge andcommission incomeII. Total operating cost 64,748,815.0510,069,765.9037,235,307.68 6,271,611.87 Including: Operating cost 56,496,489.228,821,226.1931,746,485.69 6,224,508.93 InterestexpenseCommission charge andcommission expenseCash surrender valueNet amount of expense ofcompensationNet amount of withdrawalof insurance contract reserveBonus expense of guaranteeslipReinsuranceexpenseOperating tax and extras 3,724,614.301,652,232.843,012,887.52 1,426,154.86 Sales expenses 1,370,260.25906,378.64Administration expenses 6,914,893.783,749,113.976,753,654.36 3,527,096.41 Financial expenses -3,757,442.50-4,152,807.10-3,684,098.53 -3,406,148.33Losses of devaluation of asset -1,500,000.00-1,500,000.00Add: Changing income offair value (Loss is listed with“-”)Investment income (Loss is-3,029,152.47-3,029,152.47-115,823,698.14 -115,823,699.14 listed with “-”)Including: Investmentincome on affiliated companyand joint ventureExchange income (Loss islisted with “-”)III. Operating profit (Loss is23,529,850.5315,446,866.52-85,166,016.78 -93,782,529.51 listed with “-”)Add: Non-operating income 139,079.30300.001,620,912.10 1,486,477.57Less: Non-operating41,229.18100,985.93expenseIncluding: Disposal loss ofnon-current assetIV. Total Profit (Loss is listed23,627,700.6515,447,166.52-83,646,090.61 -92,296,051.94 with “-”)Less: Income tax 5,951,587.044,064,724.182,313,487.22 450,000.00V. Net profit (Net loss is listed17,676,113.6111,382,442.34-85,959,577.83 -92,746,051.94 with “-”)Net profit attributable to15,759,677.9911,382,442.34-88,214,473.65 -92,746,051.94 owner’s equity of parentcompanyMinority shareholders’ gains1,916,435.622,254,895.82and lossesVI. Earnings per sharei. Basic earnings per share 0.02010.0145-0.1124 -0.1182 ii. Diluted earnings per share 0.02010.0145-0.1124 -0.1182 VII. Other consolidated income 12,964,835.2412,816,400.00-574,782.68 -682,253.97 VIII. Total consolidated income 30,640,948.8524,198,842.34-86,534,360.51 -93,428,305.91 Total consolidated income28,677,057.4224,198,842.34-88,896,727.62 -93,428,305.91 attributable to owners of parentcompanyTotal consolidated income1,963,891.432,362,367.11attributable to minorityshareholders4.3 Cash flow statementPrepared by Shenzhen SEG Co., Ltd. Jan.-Mar. 2010 Unit: RMBAmount in this period Amount in last period ItemsConsolidation Parent Company Consolidation Parent Company I. Cash flows arising fromoperating activities:Cash received from selling76,838,162.928,489,484.2877,509,335.13 16,793,838.47 commodities and providinglabor servicesNet increase of customerdeposit and inter-bank depositNet increase of loan fromcentral bankNet increase of capitalborrowed from other financialinstitutionCash received fromoriginal insurance contract feeNet cash received fromreinsurance businessNet increase of insuredsavings and investmentNet increase of disposal oftransaction financial assetCash received from interest,commission charge andcommissionNet increase of capitalborrowedNet increase of returnedbusiness capitalWrite-back of tax receivedOther cash receivedrelating to operating activities64,583,939.9735,796,951.0335,621,486.09 34,108,393.77 Subtotal of cash inflowarising from operating activities141,422,102.8944,286,435.31113,130,821.22 50,902,232.24 Cash paid for purchasingcommodities and receivinglabor service34,506,524.285,428,566.4833,515,780.98 4,689,090.60Net increase of customerloans and advancesNet increase of deposits incentral bank and inter-bankCash paid for originalinsurance contractcompensationCash paid for interest,commission charge andcommissionCash paid for bonus ofguarantee slipCash paid to/for staff andworkers11,883,672.355,234,585.349,605,770.00 4,602,269.51 Taxes paid 23,601,020.7018,545,462.2824,959,921.99 18,464,019.40 Other cash paid relating tooperating activities53,590,151.5017,876,799.3431,135,749.73 14,893,005.25Subtotal of cash outflowarising from operating activities123,581,368.8347,085,413.4499,217,222.70 42,648,384.76Net cash flows arisingfrom operating activities17,840,734.06-2,798,978.1313,913,598.52 8,253,847.48II. Cash flows arising frominvesting activities:Cash received from recovering investment 2,198,720.242,198,720.24Cash received frominvestment income5,270,590.49 Net cash received from 15,444.00141,500.00。
九阳股份:2011年第一季度报告全文 2011-04-19
九阳股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人王旭宁先生、主管会计工作负责人杨宁宁女士及会计机构负责人(会计主管人员)温海涛女士声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元非经常性损益项目√适用□不适用单位:元2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况□适用√不适用3.2.4 其他□适用√不适用3.3 公司、股东及实际控制人承诺事项履行情况上市公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项√适用□不适用3.4 对2011年1-6月经营业绩的预计3.5 其他需说明的重大事项3.5.1 证券投资情况□适用√不适用§4 附录4.1 资产负债表编制单位:九阳股份有限公司2011年03月31日单位:元4.2 利润表编制单位:九阳股份有限公司2011年1-3月单位:元本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:0.00元。
4.3 现金流量表编制单位:九阳股份有限公司2011年1-3月单位:元4.4 审计报告审计意见:未经审计§5 其他报送数据5.1 大股东及其附属企业非经营性资金占用及清偿情况表□适用√不适用5.2 违规对外担保情况□适用√不适用九阳股份有限公司法定代表人:王旭宁2011年4月19日。
2011年总目次(中英文)
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石油济柴:2011年第一季度报告全文 2011-04-22
济南柴油机股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人姜小兴、主管会计工作负责人刘明怀及会计机构负责人(会计主管人员)吴艳君声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元本报告期末上年度期末增减变动(%)总资产(元)2,588,235,431.94 2,528,696,935.24 2.35% 归属于上市公司股东的所有者权益(元)830,388,733.71 846,906,338.45 -1.95% 股本(股)287,539,200.00 287,539,200.00 0.00% 归属于上市公司股东的每股净资产(元/股) 2.89 2.95 -2.03%本报告期上年同期增减变动(%)营业总收入(元)350,020,273.95 304,662,506.68 14.89% 归属于上市公司股东的净利润(元)-16,517,604.74 -10,572,685.25 56.23% 经营活动产生的现金流量净额(元)-98,951,973.70 -29,263,802.95 238.14% 每股经营活动产生的现金流量净额(元/股)-0.34 -0.10 238.14% 基本每股收益(元/股)-0.06 -0.04 50.00%稀释每股收益(元/股)-0.06 -0.04 50.00% 加权平均净资产收益率(%)-1.97% -1.27% -0.70% 扣除非经常性损益后的加权平均净资产收益率(%)-2.26% -1.99% -0.27%非经常性损益项目√适用□不适用单位:元非经常性损益项目金额附注(如适用)其他符合非经常性损益定义的损益项目3,776,527.22非流动资产处置损益-164,661.48除上述各项之外的其他营业外收入和支出-374,732.74合计3,237,133.00 -2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股报告期末股东总数(户)21,623前十名无限售条件流通股股东持股情况股东名称(全称)期末持有无限售条件流通股的数量种类中国石油集团济柴动力总厂172,523,520 人民币普通股中国工商银行-诺安平衡证券投资基金3,387,843 人民币普通股霍萌846,154 人民币普通股包头平安物业管理有限公司731,304 人民币普通股厦门国际信托有限公司-塔晶华南虎一号集合资金信托650,000 人民币普通股郭林致600,500 人民币普通股葛荣生597,720 人民币普通股黄泽阳524,631 人民币普通股中融国际信托有限公司-融金25号资金信托合同507,101 人民币普通股中国工商银行-海富通中小盘股票型证券投资基金499,909 人民币普通股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用项目年末余额年初余额变动额变动率原因说明货币资金76,104,361.81 126,814,280.75 -50,709,918.94 -39.99% 生产经营支付资金所致在建工程111,529,210.31 85,251,212.92 26,277,997.39 30.82% 设备购建、工程实施增加所致投资性房地产36,427,667.21 9,226,063.52 27,201,603.69 295.00% 公司将综合办公楼租赁给母公司所致应交税费-6,390,178.97 8,009,991.99 -14,400,170.96 -179.78% 期末增值税进项税金额较多所致财务费用9,635,664.62 6,108,087.46 3,527,577.16 57.75% 本期增加有息负债总额所致销售费用18,539,598.51 10,779,287.54 7,760,310.97 71.99% 公司增加市场开拓费用所致投资收益-6,783,517.75 12,091,460.58 -18,874,978.33 -156.10% 两参股公司经营业绩下滑所致营业外收入3,776,527.22 7,269,887.77 -3,493,360.55 -48.05% 上年收到政府补助,本年未收到所得税费用169,562.83 868,701.85 -699,139.02 -80.48% 本年子公司应税利润较少所致净利润-16,517,604.74 -10,572,685.25 -5,944,919.49 56.23% 投资收益下滑、经营利润亏损所致每股收益-0.06 -0.04 -0.02 50.00% 投资收益下滑、经营利润亏损所致销售商品、提供劳务收到的现金414,537,264.50 286,913,607.05 127,623,657.45 44.48% 销售回款增加所致购买商品、接受劳务支付的现金438,863,137.20 250,511,824.90 188,351,312.30 75.19% 采购生产资料付现增加所致支付的各项税费15,972,791.57 25,092,411.38 -9,119,619.81 -36.34% 本期应缴税费较少所致购建固定资产、无形资产和其他长期资产支付的现金41,961,082.74 29,954,130.20 12,006,952.54 40.08% 设备购建、工程实施付现较多所致取得借款收到的现金200,000,000.00 100,000,000.00 100,000,000.00 100.00% 本期增加中油财务公司借款所致分配股利、利润或偿付利息支付的现金9,796,862.50 6,206,062.50 3,590,800.00 57.86% 本期增加有息负债,增加利息支付所致3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况□适用√不适用3.2.4 其他□适用√不适用3.3 公司、股东及实际控制人承诺事项履行情况上市公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项□适用√不适用3.4 预测年初至下一报告期期末的累计净利润可能为亏损或者与上年同期相比发生大幅度变动的警示及原因说明□适用√不适用3.5 其他需说明的重大事项3.5.1 证券投资情况□适用√不适用3.5.2 报告期接待调研、沟通、采访等活动情况表接待时间接待地点接待方式接待对象谈论的主要内容及提供的资料2011年03月21日公司215会议室实地调研民生人寿保险股份有限公司詹粤萍中银国际罗丹了解生产运营情况3.6 衍生品投资情况□适用√不适用3.6.1 报告期末衍生品投资的持仓情况□适用√不适用§4 附录4.1 资产负债表编制单位:济南柴油机股份有限公司2011年03月31日单位:元期末余额年初余额项目合并母公司合并母公司流动资产:货币资金76,104,361.81 71,651,743.67 126,814,280.75 117,727,162.19 结算备付金拆出资金交易性金融资产应收票据30,276,600.00 18,946,600.00 42,043,898.89 37,443,898.89 应收账款656,703,712.48 580,654,186.02 632,710,260.09 549,506,929.15 预付款项61,040,772.35 57,900,651.49 64,435,774.82 61,554,824.63 应收保费应收分保账款应收分保合同准备金应收利息应收股利112,513,653.18 112,513,653.18 112,513,653.18 112,513,653.18 其他应收款21,154,700.16 18,188,946.32 18,686,874.41 16,401,882.00 买入返售金融资产存货471,185,061.33 454,055,559.20 399,456,427.04 374,421,183.42 一年内到期的非流动资产其他流动资产流动资产合计1,428,978,861.31 1,313,911,339.88 1,396,661,169.18 1,269,569,533.46 非流动资产:发放委托贷款及垫款可供出售金融资产持有至到期投资长期应收款长期股权投资265,444,203.55 323,946,703.55 272,227,721.30 330,730,221.30 投资性房地产36,427,667.21 36,427,667.21 9,226,063.52 9,226,063.52固定资产571,892,417.28 570,625,568.09 591,722,553.85 590,387,627.94 在建工程111,529,210.31 111,529,210.31 85,251,212.92 85,251,212.92 工程物资固定资产清理生产性生物资产油气资产无形资产59,346,835.92 57,996,835.92 59,946,550.44 58,529,050.44 开发支出111,019,845.41 111,019,845.41 110,065,273.08 110,065,273.08 商誉长期待摊费用递延所得税资产3,596,390.95 3,596,390.95 3,596,390.95 3,596,390.95 其他非流动资产非流动资产合计1,159,256,570.63 1,215,142,221.44 1,132,035,766.06 1,187,785,840.15 资产总计2,588,235,431.94 2,529,053,561.32 2,528,696,935.24 2,457,355,373.61 流动负债:短期借款700,000,000.00 700,000,000.00 600,000,000.00 600,000,000.00 向中央银行借款吸收存款及同业存放拆入资金交易性金融负债应付票据298,548,661.56 298,548,661.56 293,218,033.20 293,218,033.20 应付账款353,092,683.40 322,290,359.60 350,908,396.28 321,718,672.53 预收款项51,258,806.92 27,654,551.87 64,046,197.40 32,685,900.59 卖出回购金融资产款应付手续费及佣金应付职工薪酬3,180,521.28 2,830,360.04 2,805,009.28 2,495,508.03 应交税费-6,390,178.97 -4,352,822.47 8,009,991.99 8,413,515.84 应付利息应付股利其他应付款149,599,756.60 149,578,377.35 150,614,434.43 150,548,946.52 应付分保账款保险合同准备金代理买卖证券款代理承销证券款一年内到期的非流动负债其他流动负债流动负债合计1,549,290,250.79 1,496,549,487.95 1,469,602,062.58 1,409,080,576.71 非流动负债:长期借款应付债券长期应付款21,285,167.03 21,285,167.03 21,285,167.03 21,285,167.03 专项应付款预计负债递延所得税负债其他非流动负债187,271,280.41 187,271,280.41 190,903,367.18 190,903,367.18 非流动负债合计208,556,447.44 208,556,447.44 212,188,534.21 212,188,534.21 负债合计1,757,846,698.23 1,705,105,935.39 1,681,790,596.79 1,621,269,110.92 所有者权益(或股东权益):实收资本(或股本)287,539,200.00 287,539,200.00 287,539,200.00 287,539,200.00 资本公积47,976,721.01 47,770,909.39 47,976,721.01 47,770,909.39 减:库存股专项储备盈余公积87,548,942.88 87,230,859.49 87,548,942.88 87,230,859.49 一般风险准备未分配利润407,323,869.82 401,406,657.05 423,841,474.56 413,545,293.81 外币报表折算差额归属于母公司所有者权益合计830,388,733.71 823,947,625.93 846,906,338.45 836,086,262.69 少数股东权益所有者权益合计830,388,733.71 823,947,625.93 846,906,338.45 836,086,262.69 负债和所有者权益总计2,588,235,431.94 2,529,053,561.32 2,528,696,935.24 2,457,355,373.614.2 利润表编制单位:济南柴油机股份有限公司2011年1-3月单位:元本期金额上期金额项目合并母公司合并母公司一、营业总收入350,020,273.95 319,698,817.26 304,662,506.68 270,604,637.32 其中:营业收入350,020,273.95 319,698,817.26 304,662,506.68 270,604,637.32 利息收入已赚保费手续费及佣金收入二、营业总成本362,821,931.11 328,291,069.27 333,239,710.92 297,099,734.13 其中:营业成本316,277,282.79 284,875,825.52 295,183,493.16 264,418,586.64 利息支出手续费及佣金支出退保金赔付支出净额提取保险合同准备金净额保单红利支出分保费用营业税金及附加660,219.08 505,637.73 526,520.60 499,894.40销售费用18,539,598.51 16,807,047.33 10,779,287.54 6,960,004.35 管理费用17,709,166.11 16,448,808.33 20,642,322.16 19,106,820.61财务费用9,635,664.62 9,653,750.36 6,108,087.46 6,114,428.13 资产减值损失加:公允价值变动收益(损失以“-”号填列)投资收益(损失以“-”号-6,783,517.75 -6,783,517.75 12,091,460.58 12,091,460.58 填列)其中:对联营企业和合-6,783,517.75 -6,783,517.75 12,091,460.58 12,091,460.58 营企业的投资收益汇兑收益(损失以“-”号填列)三、营业利润(亏损以“-”号填-19,585,174.91 -15,375,769.76 -16,485,743.66 -14,403,636.23 列)加:营业外收入3,776,527.22 3,776,527.22 7,269,887.77 7,269,887.77减:营业外支出539,394.22 539,394.22 488,127.51 487,979.01 其中:非流动资产处置损失四、利润总额(亏损总额以“-”-16,348,041.91 -12,138,636.76 -9,703,983.40 -7,621,727.47 号填列)减:所得税费用169,562.83 868,701.85 730,692.74五、净利润(净亏损以“-”号填-16,517,604.74 -12,138,636.76 -10,572,685.25 -8,352,420.21 列)归属于母公司所有者的净-16,517,604.74 -12,138,636.76 -10,572,685.25 -8,352,420.21 利润少数股东损益六、每股收益:(一)基本每股收益-0.06 -0.04(二)稀释每股收益-0.06 -0.04七、其他综合收益八、综合收益总额-16,517,604.74 -12,138,636.76 -10,572,685.25 -8,352,420.21归属于母公司所有者的综-16,517,604.74 -12,138,636.76 -10,572,685.25 -8,352,420.21 合收益总额归属于少数股东的综合收益总额本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:0.00元。
新世纪:2011年第一季度报告全文 2011-04-21
杭州新世纪信息技术股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人徐智勇、主管会计工作负责人俞竣华及会计机构负责人(会计主管人员)蒋旭谊声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元非经常性损益项目√适用□不适用单位:元2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况√适用□不适用3.2.4 其他□适用√不适用3.3 公司、股东及实际控制人承诺事项履行情况上市公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项√适用□不适用3.4 对2011年1-6月经营业绩的预计3.5 其他需说明的重大事项3.5.1 证券投资情况□适用√不适用§4 附录4.1 资产负债表编制单位:杭州新世纪信息技术股份有限公司2011年03月31日单位:元4.2 利润表编制单位:杭州新世纪信息技术股份有限公司2011年1-3月单位:元本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:5,905,266.48元。
4.3 现金流量表编制单位:杭州新世纪信息技术股份有限公司2011年1-3月单位:元4.4 审计报告审计意见:未经审计§5 其他报送数据5.1 大股东及其附属企业非经营性资金占用及清偿情况表□适用√不适用5.2 违规对外担保情况□适用√不适用杭州新世纪信息技术股份有限公司董事长:徐智勇二O一一年四月十九日。
杭汽轮B:关于回购股份实施进展公告(英文版)
Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2020-37Hangzhou Steam Turbine Co., Ltd.Announcement on the progress of the implementation of share repurchaseThe members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. Not any false record, misleading statement or significant omission carried in this announcement.Hangzhou Steam Turbine Co., Ltd. held the second Provisional shareholders' general meeting of 2019 on December 10, 2019, in which the "Proposal on the share repurchase of the Company’s Shares" was reviewed and approved.According to the relevant provisions of the Implementation Rules of the Shenzhen Stock Exchange on the share repurchase by Listed Companies, During the implementation of the repurchase, the company shall disclose the progress of the repurchase as of the end of last month within the first three trading days of each month. The progress of the company's share repurchase is announced as follows:As of May 31,2020,The Company brought back the 8,449,368 Company's shares for the first time through a special securities trading account for shares repurchase, and those shares account for about 1.12 % of the Company's total share capital, with the highest transaction price is 8.52 HKD / share and the lowest transaction price is 7.22 HKD / share and the total transaction amount is 67,086,628.75 HKD.The company's repurchase is in compliance with the established repurchase plan disclosed by the company and in accordance with the "Implementation Rules for the Repurchase of Shares by Listed Companies on the Shenzhen Stock Exchange".The Company will continue to implement this repurchase plan during the repurchase implementation period according to market conditions, and will promptly perform its information disclosure obligations in accordance with the relevant laws, regulations and regulatory documents. Hereby, Investors are kindly requested to pay attention to investment risks.This announcement is hereby made.The Board of Directors of Hangzhou Steam Turbine Co., Ltd.June 3, 2020。
江 铃B:2011年第一季度报告全文(英文版) 2011-04-26
Share’s name: Jiangling Motors Share’s code:000550 No.: 2011-011B 200550JianglingJiangling Motors Corporation, Ltd.2011 First Quarter Report§1 Important Note1.1 The Board of Directors and its members, the Supervisory Board and its members, and the senior executives are jointly and severally liable for the truthfulness, accuracy and completeness of the information disclosed in the report and confirm that the information disclosed herein does not contain false statements, misrepresentations or major omissions.1.2 The Directors, Supervisors, and Senior Management undertake and have no objection to the truthfulness, accuracy and completeness of the contents of the First Quarter Report.1.3 All the Directors were present at the Board meeting.1.4 The financial statements in this Quarterly Report are not audited.1.5 Chairman Wang Xigao, President Yuan-Ching Chen, CFO Michael Joseph Brielmaier and Chief of Finance Department, Ding Ni, confirm that the financial statements in this Quarterly Report are truthful and complete.1.6 All financial data in this Quarterly Report are prepared under International Financial Reporting Standards (“IFRS”) unless otherwise specified.§2 Brief Introduction2.1 Main accounting data and financial indicatorsUnit: RMB’000At the end of reporting period At the end of theprevious yearChange (%)Total assets 11,498,52911,237,715 2.32Shareholder’s equityAttributable to the EquityHolders of the Company6,672,6036,127,276 8.90 Share Capital 863,214863,214 0Net Assets Per ShareAttributable to the EquityHolders of the Company (RMB)7.737.10 8.90Reporting period Same periodlast year Change (%) Revenue 4,727,3483,565,674 32.58 Profit Attributable to the EquityHolders of the Company (RMB)545,327493,896 10.41Net cash generated fromoperating activities123,474679,799 -81.84Net cash per share generatedfrom operating activities (RMB)0.140.79 -81.84 Basic earnings per share (RMB) 0.630.57 10.41Diluted earnings per share(RMB)0.630.57 10.41Weighted Average Return on Net Asset Ratio (%) 8.529.70Down 1.18percentagepoints2.2 Total number of shareholders and top ten shareholders holding unlimited tradable shares at the end of reporting periodTotal shareholders at the end of reporting period JMC had 18,166 shareholders, including 12,108 A-share holders and 6,058 B-share holders, as of March 31, 2011.Top ten shareholders holding unlimited tradable sharesName SharesasofMarch 31, 2011Type of share Jiangling Motor Holding Co., Ltd. (“JMH”) 354,176,000 A shareFord Motor Company 258,964,200 B share Bosera Thematic Sector Equity SecuritiesInvestment Fund13,900,000 A share Shanghai Automotive Co., Ltd. 13,019,610 A share National Social Security Fund- Portfolio 102 10,030,098 A share Dragon Billion China Master Fund 9,202,496 B share Invesco Great Wall Selected Blue ChipSecurities Investment Fund5,100,000 A share Harvest Stable & Open SecuritiesInvestment Fund5,000,196 A share National Social Security Fund- Portfolio 103 4,450,000 A share Rongtong New Blue Chip SecuritiesInvestment Fund4,339,755 A share§3 Major Events3.1 Causes and explanations of major changes of financial indicatorscompared with those of previous reporting period□√Applicable □Not ApplicableIn the first quarter of 2011, JMC sold 55,443 vehicles, including 20,740JMC-brand trucks, 18, 979 JMC-brand pickups and SUVs, and 15,724Ford-brand commercial vehicles. Total sales volume was up 34.2% from thesame period last year. Revenue and net profit in the reporting period wereRMB 4,727 million and RMB 545 million, up 32.58% and 10.41% respectivelyfrom the same period last year.In the first quarter of 2011, JMC achieved 23% gross profit margin, down 3percentage points from the same period last year. This profit margin decreaseis primarily explained by tactical vehicle price reductions and mix changes.Trade and other receivables at the end of the reporting period were increasedby RMB 535 million, or 65%, from the end of 2010, primarily reflecting salesincrease.Borrowings in current liabilities at the end of the reporting period weredecreased by RMB 25 million, down 98% from the end of 2010, primarilyreflecting repayment of bank loan.Finance income at the end of the reporting period was increased by RMB 16 million, or 87%, primarily reflecting increase of interest income on band deposits and interest income on credit sales.2011 year-to-date net cash generated from operating activities was RMB 556 million lower than 2010, down 82% from the same period of 2010, primarily reflecting incremental notes receivable, accounts receivable and tax payment due to the increase of sales volume.2011 year-to-date net cash used in investing activities was RMB 87 million higher than 2010, up 135% from the same period of 2010, primarily reflecting capacity expansion spending for capital goods such as equipment and tooling.2011 year-to-date net cash used in financing activities was RMB 25 million higher than the same period of 2010, primarily reflecting repayment of bank loan.3.2 Analysis of major events, their impacts and resolutions3.2.1 Abnormal audit report□Applicable □√Not Applicable3.2.2 Funds provided for the controlling shareholder and its related parties, or outside guarantee in breach of the laws and regulations□Applicable □√Not Applicable3.2.3 Signature and implementation of major contract regarding routine operation activities□Applicable □√Not Applicable3.2.4 Others□Applicable □√Not Applicable3.3 Implementation of commitments made by the Company, shareholders or actual controlling partiesItem Promisor ContentofCommitmentsImplementation of commitmentsShare reform JMH*In the reporting period, JMH exercised its commitments sincerely and did not breach the promise.Acquisition report orStatement of changes inequityNone None N/A Major asset restructuring None None N/A Initial Public Offering None None N/AOther commitments None None N/A *JMH, which holds 41.03% of JMC total shares, issued letters of commitment,and declared and promised the following:(1) according to the requirements of Rules on Implementing the Full TradableShare Reform of the Listed Companies, legal commitments will be fulfilledin accordance with provisions of the stock exchange laws and regulations;(2) the promisor ensures that it will compensate losses resulting from partial orcomplete non-fulfillment of its promises to other shareholders; and(3) the promisor will fulfill its commitments faithfully and accept relevant legalresponsibility, and it will not transfer its shares unless the transfereeagrees and accepts liability to undertake the responsibility of the promise.JMH promises specifically to pay the consideration on behalf of theunlisted-share holders who oppose the Share Reform or did not express theiropinions. The above-mentioned unlisted-share holders should repay theconsideration paid by JMH and the interest, or obtain written consent fromJMH, if they want to list their shares.3.4 Warning and explanations as to the situation that accumulated net profitduring the period from year beginning to the end of next reporting period maybe negative or, compared with the same period last year, may have asubstantial change□Applicable □√Not Applicable3.5 Explanations on other major events3.5.1 Securities investments□Applicable □√Not Applicable3.5.2 External research and media interview to the Company in the reportingperiodDate Place CommunicationMethod Object Informationdiscussedand sources offeredJanuary 17, 2011 In theCompanyOralCommunicationTwo analysts fromHengtai Securities Co.,Ltd., Value Star AssetManagement Co., Ltd.JMC Operating highlightsJanuary 19, 2011 In theCompanyOralCommunicationThree analysts fromMinsheng Royal FundManagement Co., Ltd.,Orient FundManagement Co., Ltd.,Great Wall SecuritiesCo., Ltd.JMC Operating highlightsJanuary 26, 2011 In theCompanyOralCommunicationTwo analysts fromEverbright SecuritiesCompany Limited,Shanxi Securities Co.,JMC Operating highlightsLtd.February 17, 2011 In theCompanyOralCommunicationTen analysts fromChina Securities Co.,Ltd., ChangshengFund ManagementCo., Ltd., EverbrightPramerica FundManagement Co., Ltd.,Bank ofCommunicationSchroders FundManagement Co., Ltd.,Galaxy AssetManagement Co., Ltd.,Taikang AssetManagement Co., Ltd.,Franklin TempletonSealand FundManagement Co., Ltd.,GF Fund ManagementCo., Ltd.JMC Operating highlightsFebruary 18, 2011 In theCompanyOralCommunicationAn analysts from ChinaRe Asset ManagementCompany Ltd.JMC Operating highlightsFebruary 23, 2011 In theCompanyOralCommunicationAn analysts from GreatWall FundManagement Co., Ltd.JMC Operating highlightsMarch 4, 2011 In theCompanyOralCommunicationAn analysts from ChinaSecurities Co., Ltd.JMC Operating highlightsMarch 7, 2011 In theCompanyOralCommunicationTwo analysts fromShenyin & WanguoSecurities Co., Ltd,Yinhua FundManagement Co., Ltd.JMC Operating highlightsMarch 10, 2011 In theCompanyOralCommunicationSix analysts fromBeijing HongdaoInvestment Company,GF Securities Co.,Ltd., Huatai AssetManagement Co., Ltd.,Guotai JunanSecurities Co., Ltd.,Ping An Insurance(Group) Company ofChina, Ltd.JMC Operating highlightsMarch 16, 2011 In theCompanyOralCommunicationFive analysts fromBOC International(China) Limited,Bosera FundManagement Co., Ltd.JMC Operating highlightsMarch 17. 2011 In theCompanyOralCommunicationAn analysts fromNanjing Securities Co,Ltd.JMC Operating highlightsMarch 29, 2011 In theCompanyOralCommunicationTwo analysts fromTaikang AssetManagement Co., Ltd.JMC Operating highlightsMarch 31, In the Oral An analysts from China JMC Operating highlightsSecurities 2011 CompanyMerchantsCommunicationCo., Ltd.3.6 Securities derivates investment□Applicable □√Not Applicable3.6.1 Balance of securities derivates at the end of reporting period□Applicable □√Not ApplicableBoard of DirectorsJiangling Motors Corporation, Ltd.April 26, 2011AppendixJiangling Motors Corporation, Ltd.Consolidated Balance SheetMarch 31, 2011(Prepared under International Financial Reporting Standards)(All amounts in RMB thousands unless otherwise stated)31 March 2011*31 December 2010RMB’000RMB’000ASSETSNon-current assetsProperty, plant and equipment 2,689,983 2,630,524 Lease prepayment 276,239 277,870 Intangible assets 28,187 31,302 Investments in associates 19,216 17,928 Deferred income tax assets 178,098 205,0633,191,723 3,162,687Current assetsInventories 1,185,158 1,436,492 Trade and other receivables 1,360,553 825,374 Cash and cash equivalents 5,761,095 5,813,1628,306,806 8,075,028Total assets 11,498,529 11,237,715EQUITYCapital and reserves attributable to theCompany’s equity holdersShare capital 863,214 863,214 Share premium 816,609 816,609 Other reserves 457,650 457,650 Retained earnings 4,535,130 3,989,8036,672,603 6,127,276Non-controlling interests 130,394 115,319 Total equity 6,802,997 6,242,595LIABILITIESNon-current liabilitiesBorrowings 6,870 6,939 Retirement benefit obligations 50,722 54,569 Warranty provisions 195,960 171,789253,552 233,297Current liabilitiesTrade and other payables 4,353,671 4,628,421 Current income tax liabilities 75,792 96,310 Borrowings 429 25,004 Retirement benefits obligations 12,088 12,0884,441,980 4,761,823Total liabilities 4,695,532 4,995,120Total equity and liabilities 11,498,529 11,237,715*: Unaudited financial indexesJiangling Motors Corporation, Ltd.Consolidated Income Statement2011 First quarter(Prepared under International Financial Reporting Standards)(All amounts in RMB thousands unless otherwise stated)2011 first quarter*2010 first quarter*RMB’000RMB’000Revenue 4,727,348 3,565,674Sales tax (133,447)(60,984)Cost of sales (3,627,938)(2,630,050)Gross profit 965,963 874,640Distribution costs (180,109)(183,800)Administrative expenses (160,563)(129,347)Other income 1,810 1,135Operating profit 627,101 562,628Finance income 35,141 19,043Finance costs (371)(444)Finance income -net 34,770 18,599Share of profit of associates 1,288 1,460Profit before income tax 663,159 582,687Income tax expense (102,757)(84,403)Profit for the period 560,402 498,284Profit attributable to:Equity holders of the Company 545,327 493,896Non-controlling interests 15,075 4,388560,402 498,284Other comprehensive income --Total comprehensive income for the period 560,402 498,284Total comprehensive income attributable to:Equity holders of the Company545,327 493,896Non-controlling interests15,075 4,388560,402 498,284Earnings per share for profit attributable tothe equity holders of the Company(expressed in RMB per share)- Basic and diluted 0.63 0.57 *: Unaudited financial indexesJiangling Motors Corporation, Ltd.Consolidated cash flow statement2011 First Quarter(Prepared under International Financial Reporting Standards) (All amounts in RMB thousands unless otherwise stated)2011 first quarter* 2010 first quarter*RMB’000 RMB’000 Cash flows from operating activitiesCash generated from operations 220,151 708,940 Interest paid (368) (425) Income tax paid (96,309) (28,716)Net cash generated from operating activities 123,474 679,799 Cash flows from investing activitiesPurchase of held-to-maturity investments (214,968) -Purchase of property, plant and equipment(“PPE”) (172,844) (81,663) Proceeds from disposal of PPE 37 1,566 Interest received 21,863 15,957 Proceed from repayment of held-to-maturity investments 215,216 - Net cash used in investing activities (150,696) (64,140) Cash flows from financing activitiesProceeds from borrowings -25,019 Repayments of borrowings (24,455) (25,000) Dividends paid to the Company’s shareholders(276) - Other cash paid relating to financing activities (114) (104)Net cash used in financing activities (24,845) (85)Net increase/(decrease) in cash and cash equivalents (52,067) 615,574 Cash and cash equivalents at beginning of year 5,813,162 3,913,823 Effects of exchange rate changes - 6 Cash and cash equivalents at end of period 5,761,095 4,529,403*: Unaudited financial indexes。
深桑达A:2011年第一季度报告全文 2011-04-28
深圳市桑达实业股份有限公司2011年第一季度季度报告全文§1重要提示1.1本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2公司第一季度财务报告未经会计师事务所审计。
1.3公司董事长张永平、总经理张革、财务总监徐效臣声明:保证季度报告中财务报告的真实、完整。
§2公司基本情况2.1主要会计数据及财务指标非经常性损益项目√适用□不适用2.2报告期末股东总人数及前十名无限售条件股东持股情况表§3重要事项3.1公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用由于本期公司进出口部、下属工业子公司收入同比有较大幅度增加,以及下属公司天河国际沁春园项目结转收入,使公司本期营业收入、营业成本和净利润同比分别增长了53.72%、50.43%和50.04%;另外因天河国际沁春园项目结转收入增加了相关税费,营业税金及附加同比增长375.68%。
由于本期公司下属房地产公司缴纳了棕榈堡项目土地增值税税款3352万,应交税金期末较期初减少63.92%;另外因收入增加客户期末占用应收账款也增加,以及下属公司房地产项目回笼资金减少等因素,使经营活动现金净流量同比下降474.50%;本期下属公司桑达投资支付中联项目股权款1亿元,再加上前述经营活动现金净流量的减少,使其他应付款、货币资金期末较期初分别减少33.43%和54.83%。
短期借款期末较期初增加1900%,是公司为补充流动资金增加银行借款所致。
因公司进出口部期末应收出口退税增加,使其他应收款期末较期初增加32.33%。
3.2重大事项进展情况及其影响和解决方案的分析说明3.2.1非标意见情况□适用√不适用3.2.2公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3日常经营重大合同的签署和履行情况□适用√不适用√适用□不适用(1)本期合并范围变更说明根据公司2010年第二次临时股东大会通过的《关于对深圳市桑达投资有限公司进行增资的议案》,公司之子公司深圳桑达房地产开发有限公司于2011年1月4日以货币资金1.5亿元认缴出资,完成对深圳市桑达投资有限公司(以下简称“桑达投资”)增资,增资后公司及子公司对桑达投资公司控股比例上升至72%,按企业会计准则规定,桑达投资公司纳入公司合并报表范围,同时桑达投资公司持股100%的子公司深圳中联电子有限公司也纳入合并报表范围。
2011年一季度石化工业经济运行报告
2011年一季度石化工业经济运行报告一季度,石油和化学工业经济运行态势良好。
产值、主营收入快速增长,利润水平大幅提升;市场需求旺盛,价格上升,供需总体平稳;进出口贸易活跃,投资较快增长,行业整体效益持续改善。
但是,国际油价继续走高,资源类产品价格大幅上涨,企业经营成本快速上升,炼油毛利下滑,亏损企业亏损额大幅扩大应引起关注。
——产值增速不断加快一季度,石油和化学工业开局良好,经济持续快速增长。
截至3月末,全行业规模以上企业26463家(主营收入2000万元以上企业),累计总产值2.42万亿元(现行价格),同比增长34.3%,占全国规模工业总产值的13.62%。
全行业销售产值2.38万亿元,同比增长34.5%。
化工、炼油和油气开采三大子行业产值分别为13798.8亿元、7091.7亿元和2803.5亿元,同比分别增长36.2%、31.8%和31.6%;占全行业产值比重分别为57.0%、29.3%和11.6%。
——主要产品产量快速增长一季度,国内石油和化工产品产量总体持续快速增长。
在跟踪的78个(种)重点产品中,超过92%的产品产量同比增长。
其中,增幅在15%以上的占46.2%。
炼化专用设备、石油钻井设备、钾肥、磷酸一铵、磷酸二铵、化学试剂、乙烯等产品增幅均在30%以上。
一季度,石油天然气产量平稳较快增长。
全国原油产量5135.6万吨,同比增长6.7%;天然气产量274.3亿立方米,增长12.1%;原油加工量1.11亿吨,同比增长10.2%;成品油产量(汽油、煤油、柴油合计,下同)6549.1万吨,同比增长10%。
农用化学品受春耕拉动总体增势较强,全国化肥总产量(折纯,下同)1442.8万吨,同比增长6%;农药原药(折100%)63.2万吨,增长17.7%。
乙烯产量394.8万吨,同比增长32%。
甲醇产量477万吨,增长24.3%。
硫酸产量1742.8万吨,增长14.1%。
烧碱产量562.8万吨,增长17.7%。
伟星新材:2011年第一季度报告全文 2011-04-22
浙江伟星新型建材股份有限公司2011年第一季度报告全文§1 重要提示1.1 公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 没有董事、监事、高级管理人员对季度报告内容的真实性、准确性和完整性无法保证或存在异议。
1.3 公司全体董事亲自出席了本次审议季度报告的董事会。
1.4 公司第一季度财务报告未经会计师事务所审计。
1.5公司负责人金红阳先生、主管会计工作负责人陈安门先生及会计机构负责人王卫芳女士声明:保证本季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标注:根据《公开发行证券的公司信息披露编报规则第9号——净资产收益率和每股收益的计算及披露》(2010年修订)的要求,公司2011年1-3月基本每股收益按总股本253,400,000股计算,2010年1-3月基本每股收益按调整后的总股本204,088,889(190,000,000+63,400,000*20/90)股计算。
非经常性损益项目:单位:(人民币)元2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况√适用□不适用3.2.4 其他3.3 公司、股东及实际控制人承诺事项履行情况公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项。
√适用□不适用3.4 对2011年1-6月经营业绩的预计3.5.1 证券投资情况□适用√不适用§4 附录4.1 资产负债表编制单位:浙江伟星新型建材股份有限公司 2011年3月31日单位:(人民币)元单位负责人:金红阳主管会计工作负责人:陈安门会计机构负责人:王卫芳4.2利润表编制单位:浙江伟星新型建材股份有限公司2011年1-3月单位:(人民币)元单位负责人:金红阳主管会计工作负责人:陈安门会计机构负责人:王卫芳4.3现金流量表编制单位:浙江伟星新型建材股份有限公司 2011年1-3月单位:(人民币)元单位负责人:金红阳主管会计工作负责人:陈安门会计机构负责人:王卫芳4.4 审计报告本报告期财务报告经公司内部审计机构审计,未经会计师事务所审计。
杭汽轮B:五届一次董事会决议公告(英文版) 2010-06-03
Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2010-026Hangzhou Steam Turbine Co., Ltd.Resolutions of the 1st Meeting of the 5th Term of BoardThe members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. Not any false record, misleading statement or significant omission carried in this announcement. The 1st meeting of the 5th term of Board of Hangzhou Steam Turbine Co., Ltd. was held on June 2, 2010 in the meeting room on the 1st floor of the executive building of the Company. All of the 10 directors presented the meeting. Directors examined and voted on the proposals on the meeting. The supervisors and senior executives of the Company observed the meeting. The meeting procedures are legal and complying with the Company Law and Articles of Association.The meeting was presided by Chairman Nie Zhonghai.The following proposals were examined at the meeting and passed by open ballot.I. The proposal of electing Mr. Nie Zhonghai Chairman of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.II. The proposal of electing Mr. Wang Hongkang Vice Chairman of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.III. The proposal of electing Mr. Zheng Bin Vice Chairman of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.IV. The proposal of electing the members of the Strategy Committee of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.V. The proposal of electing the members of the Nomination Committee of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.VI. The proposal of electing the members of the Auditing Committee of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.VII. The proposal of electing the members of the Remuneration and Assessment Committee of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.VIII. The proposal of engaging Mr. Yan Jianhua the General Manager10 votes in favor, 0 objection, 0 waive, the proposal was passed.IX. The proposal on engaging Mr. Bai Ronghua the Vice General Manager and Chief Accountant of the Company10 votes in favor, 0 objection, 0 waive, the proposal was passed.X. The proposal on engaging Mr. Ye Zhong the Vice General Manager and Chief Engineer of the Company10 votes in favor, 0 objection, 0 waive, the proposal was passed.XI. The proposal on engaging Mr. Yu Changquan Vice General Manager10 votes in favor, 0 objection, 0 waive, the proposal was passed.XII. The proposal on engaging Mr. Ye Yongzhong the Vice General Manager of the Company10 votes in favor, 0 objection, 0 waive, the proposal was passed.XIII. The proposal of engaging Mr. Zhang Shutan the Vice General Manager10 votes in favor, 0 objection, 0 waive, the proposal was passed.XIV. The proposal of engaging Mr. Yu Changquan Secretary of the Board10 votes in favor, 0 objection, 0 waive, the proposal was passed.XV. The proposal on engaging Mr. Wang Gang the Securities Affair Representative10 votes in favor, 0 objection, 0 waive, the proposal was passed.Resumes of the above persons are available in Attachment 1. The lists of members of the Strategy Committee, the Nomination Committee, the Auditing Committee, and the Remuneration & Assessment Committee are with the Attachment 2.The Board of Directors ofHangzhou Steam Turbine Co., Ltd.June 2, 2010Attachment 1. Resumes of the persons elected by the 5th term of Board Mr. Nie Haizhong: Born in October 1957, CCP member; college graduate; economist. From April 1997 to August 2003, Mr. Nie held the positions of Chairman of the Board and General Manager of Hangzhou Thermoelectricity Group. In August 2003, Mr. Nie assumed Secretary of the Party and Chairman of the Board of Huangzhou Steamer Power Group Co., Ltd. He was elected as Director and Chairman of the second and third Board of the Company. In 2005, he was awarded the National Model Worker. He is not the director of Hangzhou Commercial Bank. When the Board of Directors was elected on June 2007, Mr. Nie was elected as Chairman of the 4th term of Board.Mr. Wang Hongkang: Born in October 1952, CCP member; bachelor degree; senior engineer. Mr. Wang had assumed Vice Chairman of the Board and General Manager of Hangzhou Steamer Power Group Co., Ltd. since May, 2001. He was the Vice Chairman of the 2nd and 3rd term of Board of Directors of the Company. He was elected again as Vice Chairman of the 4th Board again in June 2007.Mr. Zhen Bin, born in November 1964, CCP member, bachelor degree, senior economics professional certification. At present he’s working for Hangzhou Steam Turbine Group as vice general manager, commissioner of CCP committee, and chairman of Hangzhou Dongfeng Shipyard Co., Ltd. – one of the subsidiaries of HSTG. He once was the chief secretary of Youth League, manager of Installation Co., director of customer service department, director of administration department, manager of sales company, and general manager of Dongfeng Shipyard. He was elected director of the 4th term of Board of the Company at the Provisional Shareholders’ Meeting held on March 25, 2009, and vice chairman at the 7th meeting of the 4th term of Board.Mr. Yan Jianhua: born in September 1958, CCP member; Bachelor degree; Professorial Senior Engineer. When the Board of Directors changed on June 25, 2001, Mr. Yan was elected as Director of the 2nd and 3rd term of Board and General Manager of the Company. When the Board of Director altered in June 200, he was selected again as Director of the 4th Board and General Manager.Mr. Bo Ronghua, born in December 1951, CCP member; bachelor degree; senior accountant. Mr. Bo was Director of the 1st, 2nd, and 3rd Board and Chief Accountant. When the Board of Director changed in June 2007, he was elected again as Director of the 4th Board and Chief Accountant.Mr. Ye Zhong: born in April 1968, CCP member; bachelor degree; Senior Engineer. When the Board of Directors changed on June 25, 2001, Mr. Ye was selected as Director of the second Borad and General Engineer of the Company. When the Board of Director changed on June 19, 2004, he was elected as Director of the third Board and General Engineer. In June 2007, he was elected again the director of the 4th term of Board, and also the General Engineer and Deputy General Manager of the Company.Mr. Ye Yongzhong, born in November 1954, CCP member; bachelor degree, Senior Economics Qualification, Vice General Manager; Once he was the worker, technician, assistant of chief, vice chief, secretary of factory manager, vice director and director of production division, chief of contract center, assistant to GeneralManager and head of sales division. He was engaged the Vice General Manager of the Company in June 2007.Mr. Yu Changquan, born in July 1957, CCP member, Bachelor’s Degree, senior economics profession. Secretary of the Board. He was engaged the Deputy General Manager of the Company since January 2000, and extended on June 19th 2004. He was engaged the Secretary of the Board by the 6th meeting of the 3rd term of Board held on June 23rd 2005. He was engaged the Deputy General Manager by the 6th meeting of the 3rd term of Board held on June 23, 2005, and was engaged the Secretary of Board again in June 2007. At the 1st Provisional Board Meeting 2009 held on February 16, 2009, Mr. Yu was engaged the vice general manager and secretary of the Board.Mr. Zhang Shutan, born in March 1959, CCP member, bachelor’s degree, certified senior engineer. Once he was the teacher of HSTG Education Center, salesman of export division, vice director of export division, director of export division and assistant to general manager. He was engaged vice general manager on February 16, 2009.Mr. Wang Gang, born in February 1972, CCP member, bachelor degree, MBA of Zhejiang University, senior engineer. He has served Hangzhou Steam Turbine Power Group since 1993. Since 1998, he has been in the leading positions of the Youth League, Technical Center Office of the Group, and Personnel Division, No.1 Work Shop, and Security Division of the Company. Since April 2009, he has been the director of Securities and Legal Office of Hangzhou Steam Turbine Co., Ltd. Attachment 2. Composition of the professional committees of the 5th term of BoardJune 2, 2010I. Members of the Strategy CommitteeChief commissioner: Nie ZhonghaiCommissioners: Nie Zhonghai, Xu Yongbin, Lv Fan, Wang HongkangStrategy workgroup:Leader: Wang HongkangMembers: Zheng Bin, Yan Jianhua, Bai Ronghua, Ye Zhong, Yu Changquan, Ye Yongzhong, Zhang ShutanII. Members of the Nomination CommitteeChief commissioner: Lv FanCommissioners: Lv Fan, Nie Zhonghai, Zhang Hejie, Liu GuoqiangNomination workgoup:Leader: Nie ZhonghaiMembers: Chu Shuilong, Yan Jianhua, Ye Zhong, Yu Changquan, Zhang YougenIII. Members of the Auditing CommitteeChief commissioner: Xu YongbinCommissioners: Xu Yongbin, Liu Guoqiang, Lv Fan, Zhang Hejie, Zheng Bin Auditing workgroup:Leader: Liu GuoqiangMembers: Bai Ronghua, Yu Changquan, Pu Yangshuo, Zhang Yougen, Wu Guomei, Jiang Rong, Zhao YingIV. Members of the Remuneration & Assessment CommitteeChief Commissioner: Zhang HejieCommissioners: Zhang Hejie, Nie Zhonghai, Xu Yongbin, Lv Fan, Wang Hongkang Assessment workgroup:Leader: Wang HongkangMembers: Zheng Bin, Chu Shuilong, Yan Jianhua, Bai Ronghua, Ye Zhong, Yu ChangquanNote: The Strategy Committee and Nomination Committee are temporarily short of one commissioner respectively. The positions will be filled by the supplementary independent director as soon as he/she was engaged.Signature page of the 1st Meeting of the 5th term of BoardThe Directors:The Secretary of Board:The Board of Directors ofHangzhou Steam Turbine Co., Ltd.June 2, 2010。
ST东热:2011年第一季度报告全文 2011-04-29
石家庄东方热电股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人安建国、主管会计工作负责人王浩及会计机构负责人(会计主管人员)郝兰英声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元本报告期末上年度期末增减变动(%)总资产(元)1,488,979,519.02 1,545,132,816.99 -3.63% 归属于上市公司股东的所有者权益(元)-442,961,545.15 -409,547,887.82 8.16% 股本(股)299,485,000.00 299,485,000.00 0.00% 归属于上市公司股东的每股净资产(元/股)-1.48 -1.37 -8.03%本报告期上年同期增减变动(%)营业总收入(元)367,743,353.02 406,563,235.40 -9.55% 归属于上市公司股东的净利润(元)-33,413,657.33 -32,261,026.82 35.73% 经营活动产生的现金流量净额(元)54,590,639.81 -32,519,762.51 267.87% 每股经营活动产生的现金流量净额(元/股)0.18 -0.11 263.64% 基本每股收益(元/股)-0.112 -0.108 3.70% 稀释每股收益(元/股)-0.112 -0.108 3.70% 加权平均净资产收益率(%)7.84% 7.01% 0.83% 扣除非经常性损益后的加权平均净资产收益7.84% 7.00% 0.84%率(%)非经常性损益项目√适用□不适用单位:元非经常性损益项目金额附注(如适用)除上述各项之外的其他营业外收入和支出11,053.88合计11,053.88 -2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股报告期末股东总数(户)31,802前十名无限售条件流通股股东持股情况股东名称(全称)期末持有无限售条件流通股的数量种类邓秀玲1,351,468 人民币普通股彭嵩1,060,900 人民币普通股段其军940,000 人民币普通股吴爱民920,731 人民币普通股桑慧敏893,403 人民币普通股河南博懋锋科技发展有限公司760,000 人民币普通股高虹720,000 人民币普通股曾智华706,674 人民币普通股高振平700,000 人民币普通股杨洁700000 人民币普通股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用项目 期末金额 期初金额 变动比例 变动原因 货币资金 65,540,171.87 30,991,566.35 111.48% 主要为销售回款以货币资金方式结算增加所致 应收票据 5,200,000.00 15,528,394.75 -66.51% 主要为银行承兑汇票到期承兑导致应收票据减少 应收账款 189,688,916.59 124,456,389.70 52.41% 主要为2个月电费销售收入未及时结算所致, 预付账款 45,346,831.07 65,319,667.52 -30.58% 主要为预付煤款到货冲减预付款所致 其他应 收 款 8,957,031.56 6,974,992.43 28.42% 主要为其他项目往来款增加所致 存 货 30,351,375.74 143,035,027.82 -78.78% 主要为冬季采暖期结束,原煤库存量下降所致 应付账款 114,059,063.14 90,439,452.69 26.12% 主要为应付账款未支付导致期末余额增加 预收账款 51,784,030.80 -100.00% 主要为本期向中电投石家庄供热公司销售热力,不再预收其他客户款项。
深物业B:2011年第一季度报告全文(英文版) 2011-04-30
SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT (GROUP) LTD.THE FIRST QUARTERLY REPORT 2011§1 Important Notes1.1 The Board of Directors, the Supervisory Committee as well as directors, supervisors and seniorexecutives of Shenzhen Properties & Resources Development (Group) Ltd (hereinafter referred to as “the Company”) individually and jointly accepted responsibility for the correctness, accuracy and completeness of the contents of this report and confirmed that there was no false information, misleading statement or material omissions.1.2 None of the directors demonstrated uncertainty or disagreement about the truthfulness, accuracy,and completeness of this quarterly report.1.3 All directors attended the Board meeting.1.4 The first quarterly financial report has not been audited by Accounting Firm.1.5 Mr. Chen Yugang, Chairman of the Board of the Company, Mr. Wang Hangjun, Person inCharge of Accounting Work, Mr. Gong Sixin, the CFO, and Ms. Shen Xueying, Manager of Financial Management Department, hereby confirmed that the Financial Report enclosed in the quarterly report is true and completeEnglish version for reference only. Should there be any discrepancy between the two versions, the Chinese version shall prevail.§2 Company Profile2.1 Main accounting data and financial indicesUnit: RMB YuanAt the end of theAt the end of last year Increase/decrease (%)reporting periodTotal assets 3,038,489,092.412,913,281,353.84 4.30% Owner’s equity attributable1,159,513,142.82874,185,621.8832.64% to shareholders of listedcompanyShare capital (Share) 595,979,092.00595,979,092.000.00% Net asset per share1.9456 1.4668 32.64%attributable to shareholdersof listed companyReporting period Same period of last year Increase/decrease (%)Sales turnover (RMB977,257,810.34 83,097,068.04 1076.04% Yuan)Net profit attributable to284,605,173.95 2,839,794.18 9922.04% shareholders of listedcompany (RMB Yuan)Net cash flow arising fromoperating activities (RMBYuan)-386,088,186.93-19,498,084.971880.13%Net cash flow per sharearising from operatingactivities (RMB Yuan/share)-0.6478 -0.0327 1881.04%Basic earnings per share(RMB Yuan/share)0.4775 0.0048 9847.92% Diluted earnings per share(RMB Yuan/share)0.4775 0.0048 9847.92% Weighted average return onequity (%)27.99%0.43%Increase of 27.56% Weighted average return onequity after deductingextraordinary gains andlosses (%)27.98%-0.08%Increase of 28.06%Items of extraordinary gainsand lossesAmount from 1 Jan. to 31 Mar. 2011Gains on disposal ofnon-current assets-14,836.00 Other non-operating incomeand expense other thanabovementioned146,725.86Influence of income tax afterdeducting non-recurringgains and losses-15,871.40Total 116,018.46 Note: Other non-operating income and expense other than abovementioned mainly cover fines.2.2 Statement on total number of shareholders and shares held by the top ten shareholders not subject to trading moratoriumUnit: ShareTotal number of shareholders By the end of the reporting period, the Company has 47,293 shareholders in total, including 37,535 ones of A-share, 9,758 ones of B-shareShares held by the top ten shareholders not subject to trading moratoriumFull name of shareholders Shares not subject to trading moratoriumheld at the period-endType of shareZeng Ying 3,350,000Domestically listed foreign sharesChina Merchants Securities (HK) Co., Ltd. 855,810Domestically listedforeign sharesZhang Xiankai 673,800RMB common sharesLong Huizhen 667,020RMB common sharesLiu Liaoyuan 641,900Domestically listed foreign sharesGUOTAI JUNAN SECURITIES(HONGKONG)LIMITED 633,273Domestically listedforeign sharesSUN HUNG KAI INVESTMENT SERVICES LTD-CUSTOMERS A/C 560,000Domestically listedforeign sharesHe Shujie 551,195RMB common shares Liu Yunde 550,000RMB common shares Deng Weichao 480,100RMB common sharesExplanation on associated relationship among the above shareholders orconsistent action The Company is not aware of whether there exists associated relationship or consistent action among the top ten shareholders holding trade shares or not.§3 Significant Events3.1 Significant changes in major accounting data, financial highlights and reasons for these changes. √Applicable □Non-applicable1. Prepayments were RMB 391,278,337.28 as at the end of the reporting period, up 692.70% as compared to the opening amount, which was mainly because the Company prepaid for the land in Yangzhou and the relevant taxes in the reporting period.2. Deferred income tax assets were RMB 41,453,082.09 as at the end of the reporting period, down 50.18% as compared to the opening amount, which was mainly because the estimated profit calculated based on the Company’s real estate pre-sale income was recognized at the end of the reporting period and deferred income tax assets decreased accordingly.3. Short-term borrowings were RMB 500,000,000.00 as at the end of the reporting period, up 4900.00% as compared to the opening amount, which was mainly because the entrustment loans given by the holding company to the Company increased in the reporting period.4. Accounts received in advance were RMB 34,766,758.80 as at the end of the reporting period, down 96.04% as compared to the opening amount, which was mainly because the income from the pre-sale of the PRD-Shengang No. 1 Project satisfied conditions for recognition and was carried over to income for the reporting period.5. Taxes and fares payable were RMB 499,050,580.15 as at the end of the reporting period, up 155.16% as compared to the opening amount, which was mainly because the income from the PRD-Shengang No. 1 Project was recognized for the reporting period, and the income tax and land V AT payable increased accordingly.6. Non-current liabilities due within one year were RMB 149,580,000.00 as at the end of the reporting period, down 40.40% as compared to the opening amount, which was mainly because mature loans were repaid in the reporting period.7. Retained earnings were RMB 433,566,838.35 as at the end of the reporting period, up 191.06% as compared to the opening amount, which was mainly because the Company achieved profits in the reporting period.8. Total owners’ equity was RMB 1,160,375,229.88 as at the end of the reporting period, up 32.61% as compared to the opening amount, which was mainly because the Company achieved profits inthe reporting period.9. Operating revenue for the reporting period was RMB 977,257,810.34, up 1076.04% from a year earlier, which was mainly because: The PRD-Shengang No. 1 Project developed by the Company satisfied conditions for income recognition in the reporting period and the recognizable part were almost all settled in the reporting period, while in the same period of last year, only a small trail part of real estate were eligible for income recognition. As a result, real estate income for the reporting period showed dramatic increase over the same period of last year.10. Operating cost for the reporting period was RMB 266,881,637.62, up 369.60% from a year earlier, which was mainly because the estate of the PRD-Shengang No. 1 Project which generated income eligible for recognition increased in the reporting period as compared to the same period of last year.11. Business taxes and surcharges for the reporting period were RMB 310,352,802.05, up 4274.94% from a year earlier, which was mainly because real estate income increased and business taxes and land V AT increased accordingly.12. Financial expense for the reporting period was RMB 1,714,761.50, up 206.65% from a year earlier, which was mainly due to increase of total borrowings for working capital and decrease of interest income.13. Investment income for the reporting period was RMB 127,236.78, up 66.64% from a year earlier, which was mainly due to increase of income from joint ventures.14. Investment income from associated and joint enterprises for the reporting period was RMB 127,236.78, up 47.18% from a year earlier, which was mainly because the Company’s joint venture Shenzhen ITC Guomao Tianan Property Management Co., Ltd. achieved a profit growth in the reporting period.15. Non-business income/expense for the reporting period was RMB 131,889.86, down 96.07% from a year earlier, which was mainly because in the same period of last year, subsidiaries of the Company received some payments that needed not to be returned.16. Income tax expense for the reporting period was RMB 91,962,168.59, up 8275.81% from a year earlier, which was mainly because the subsidiary Shenzhen Huangcheng Real Estate Co., Ltd. enjoyed a consideration profit increase in the reporting period.17. Operating profit, total profit and net profit for the reporting period were RMB 376,435,452.68, RMB 376,567,342.54 and RMB 284,605,173.95 respectively, up 65009.09%, 9463.02% and 9922.04% respectively as compared to the same period of last year, which was mainly because: The PRD-Shengang No. 1 Project developed by the Company satisfied conditions for income recognition in the reporting period and the recognizable part were almost all settled in the reporting period, while in the same period of last year, only a small trail part of real estate were eligible for income recognition. As a result, real estate income for the reporting period showed dramatic increase over the same period of last year.18. Net cash flows generated from operating activities during the period from 1 Jan. to 31 Mar. 2011 were RMB -386,088,186.93, with net outflows up 1880.13% as compared to the same period of last year, which was mainly because the Company paid for the land in Yangzhou and the relevant taxes in the reporting period.19. Net cash flows generated from investing activities during the period from 1 Jan. to 31 Mar. 2011 were RMB -670,121.00, with net outflows down 94.73% as compared to the same period of last year, which was mainly because in the same period of last year, some subsidiaries of theCompany replaced old taxies.20. Net cash flows generated from investing activities during the period from 1 Jan. to 31 Mar. 2011 were RMB 381,055,814.46, up 354.60% as compared to the same period of last year, which was mainly because the Company obtained an entrustment loan from the holding company and repaid fewer loans in the reporting period.3.2 Process of significant events and influence, as well as analysis and explanation on resolving proposal□Applicable √Inapplicable3.3 Special commitments made by the company, shareholders and actual controllers√Applicable □InapplicableShenzhen Construction Investment Holdings Co. (hereinafter referred to as “Construction Holdings”) and Shenzhen Investment Management Co. (hereinafter referred to as “Investment Management Company”) were nominal shareholders of the Company (Shares of the Company are registered under the name of these two companies.). Later, these two companies and Shenzhen Trade & Commerce Investment Holdings Co. combined on a legal basis and became one company known as Shenzhen Investment Holdings Co., Ltd. (hereinafter referred to as “Investment Holdings”). However, due to various reasons, the Company’s shares held by Construction Holdings and Investment Management Company has not been transferred to Investment Holdings, which is the actual controller of the Company.1. Investment Holdings stated that it would establish and perfect the internal control over undisclosed information of the listed company known by it, urge relevant insiders not to trade the shares of the Company by making use of the undisclosed information, not suggest other buying and selling shares of the Company, nor leak any undisclosed information of the Company. Meanwhile, it would provide an insider name list to the Company in a timely, factual, accurate and complete way so that the Company could submit the name list to the Shenzhen Bureau of CSRC and the Stock Exchange for records.In the reporting period, it was found that no actual controller of the Company or insiders bought and sold stocks of the Company by taking advantage of undisclosed information of the Company. And the Company submitted monthly the particulars about the parties to which the undisclosed information had been submitted to CSRC Shenzhen Bureau for reference.2. Commitments made by non-tradable share holders in the share merger reform(1) The Company’s non-tradable share holders Construction Holdings and Investment Management Company made a common commitment to abide by laws, regulations and rules and perform prescribed commitment duties. And they also made special commitments as follows:Non-tradable shares held by Construction Holdings and Investment Management Company would not be traded or transferred within 36 months since they acquired right of trade. After expiration of the aforesaid commitment, originally non-tradable shares sold through the listing and trading system on the Shenzhen Stock Exchange should not exceed 5 percents of total shares of the Company within 12 months, as well as not exceed 10 percents within 24 months. In case these companies acted against the above commitment and sold shares of the Company, the income from sales of the shares would belong to the Company.As at the date of issuing the announcement, Construction Holdings and Investment ManagementCompany failed to sell the shares of the Company.(2) Investment Holdings made a commitment to abide by laws, regulations and rules and perform prescribed commitment duties. And it also made special commitments as follows:① Non-tradable shares held by Investment Holdings would not be traded or transferred within 36 months since they acquired right of trade. After expiration of the aforesaid commitment, originally non-tradable shares sold through the listing and trading system on the Shenzhen Stock Exchange should not exceed 5 percents of total shares of the Company within 12 months, as well as not exceed 10 percents within 24 months. In case these companies acted against the above commitment and sold shares of the Company, the income from sales of the shares would belong to the Company. As at the date of issuing the announcement, Investment Holdings failed to sell the shares of the Company that are actually controlled by it.②Within one year since the non-tradable shares held by Construction Holdings and Investment Management Company controlled by Investment Holdings acquired the right of trading, Shenzhen Investment Holdings Co., Ltd will start up capital injection to the Company, that is, Shenzhen Investment Holdings Co., Ltd will inject legitimate capital no less than RMB 500 million including land resource in lump sum or in batches by replace or other legitimate way, will increase land reserves of the Company and enhance profitability in the future. In case the aforesaid capital failed to start completely within one year, Shenzhen Investment Holdings Co., Ltd will compensate 20% of reorganization capital failing to start to the Company within 30 days when expiration of 1 year, and continued to implement the capital injection which had been started. As for the capital injection failing to start, Shenzhen Investment Holdings Co., Ltd will not implement. Note: Startup of capital injection means capital injection program has been reviewed and approved by the Shareholders’ General Meeting of the Company. Shenzhen Investment Holdings Co., Ltd was willing to entrust China Securities Depository and Clearing Corporation Limited Shenzhen Branch to freeze 30 million shares of the Company, which was under name of Shenzhen Construction Investment Holdings and actually controlled by Shenzhen Investment Holdings Co., Ltd, as guarantee for the above commitment.To fulfill the commitment, the Company and Investment Holdings jointly planned to start relevant matters. On 17 Sep. 2010, the Company disclosed Public Notice on Fulfilling Share Merger Reform Commitments and Implementing Significant Assets Replacement (Significant Related Transactions), which was approved at the 1st Special Shareholders’ General Meeting in 2010. For details, please refer to the Company’s Public Notice on Resolutions of the 1st Special Shareholders’ General Meeting in 2010 dated 14 Oct. 2010. In Nov. 2009, Investment Holdings had applied to the China Securities Depository and Clearing Corporation Limited Shenzhen Branch for freezing 30 million shares of the Company that are actually controlled by its and are registered under the name of Construction Holdings; By now, those shares have been unfrozen due to expiration of the freezing period.③ Since non-tradable shares held by Shenzhen Investment Holdings Co., Ltd, Shenzhen Construction Investment Holdings and Shenzhen Investment Co., Ltd acquired right to trade within 24 months, Shenzhen Investment Holdings Co., Ltd commit that they will support balance no less than RMB 500 million with method of entrust loan in line with relevant provisions of laws and administrative statutes to release nervous capital of the Company. The aforesaid balance means accumulative incurred amount within 24 months since the date when non-tradable shares held by Shenzhen Investment Holdings Co., Ltd, Shenzhen Construction Investment Holdings andShenzhen Investment Co., Ltd acquired right to trade, and each entrust loan for support will not be less than 12 months; the above cash support of RMB 500 million excluded entrust loan offered before the date when non-tradable shares held by Shenzhen Investment Holdings Co., Ltd, Shenzhen Construction Investment Holdings and Shenzhen Investment Co., Ltd acquired right to trade.On 18 Mar. 2010, the Company convened the Annual Shareholders’ General Meeting for Y2009, which reviewed and approved the Proposal on Applying Entrusted Loan from Controlling Shareholder. The Shareholders’ General Meeting authorized the Company Board to deal with events including signing of agreement concerning the entrusted loan of no less than RMB 500 million, application of additional loan, loan extension, grant of new loan for repaying old loan, and loan repayment. For details, please refer to the Company’s Public Notice on Resolutions of the Annual Shareholders’ General Meeting for Y2009 dated 19 Mar. 2010. On 28 Dec. 2010, with China Everbright Bank Shenzhen Jingtian Sub-branch as the trustee, Investment Holdings provided entrusted loan of RMB 10 million to the Company’s subsidiary Shenzhen ITC Vehicles Industry Co., Ltd. In the reporting period, Investment Holdings provided entrusted loan of RMB 490 million to the Company.④In case that net profit of the Company in any year of 2010, 2011 and 2012 was less than 2009, Shenzhen Investment Holdings Co., Ltd will make up balance of net profit between the year and 2009 with cash.The implementation of the said commitment depends on the net profit as of year 2011.3.4 Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the beginning of the year to the end of the next reporting period compared with the same period of the last year according to prediction, as well as explanations on the reasons√Applicable □InapplicableBusiness forecast Sharp increase at the same directionItem From the year-begin tothe end of the nextperiodSame period of lastyearIncrease/decrease (%)Estimate of accumulated netprofit (RMB Ten thousand)27,000-32,00012,675Increase of 113%-152% Basic EPS (Yuan/share) 0.4530-0.53690.2127Increase of 113%-152%Explanation on performance forecast Reason for sharp change in business performance: In the reporting period, the PRD·Shenggang No.1 Project constructed by the Company reached the carry-over condition in revenue. The revenue carried over registered a sharp year-on-year increase over the carried-over revenue of PRD·Xinhua Town Project, and the gross profit also hiked.The above forecast is the initial estimate reckoned by the Company in accordance with current sales situation of PRD·Shengang·No.1 Project. For actual profitability of the Company in the 1st half year of 2011, data in Semi-annual Report 2011 shall prevail.3.5 Other significant events need to be explained 3.5.1 Securities investment√Applicable □InapplicableNo. StockvarietyStockcodeShort form ofStockInitialinvestmentamount(RMB Yuan)SharesheldBook value atperiod-endProportionin totalsecuritiesinvestmentatperiod-end(%)Profits andlosses inreporting period1 ShenzhenA Share000030 ST Sunrise 268,735.50 30,000 272,100.00 100.00Other securities investment at the end ofperiodInvestment gains/(losses) arising fromsale of securities———— Total 268,735.50-272,100.00100.00 3.5.2 Equity of other listed companies held by the Company√Applicable □InapplicableStock codeShortform ofStockInitialinvestmentamountRatio toequity ofinvestedcompany(%)Book value atyear-endProfits andlosses in thereporting periodChange ofowners’equity in thereportingperiodAccountingsubjectSource ofstock000509 S*STT.H.2,962,500.00 0.33% 802,199.55 0.00 0.00Long-termequityinvestmentPurchasinglegal personsharesdirectionallyTotal 2,962,500.00-802,199.55 0.00 0.00 3.5.3 Equity of Pre-IPO and unlisted financial enterprises held by the Company□Applicable √Inapplicable3.5.4 Offering capital to controlling shareholders or related parties and external guarantee in violation of the procedure specified□Applicable √Inapplicable3.5.5 Shareholders holding shares exceeding 30% proposed or implemented plan on increasing shares in the reporting period□Applicable √Inapplicable3.5.6 Significant contracts√Applicable □Inapplicable3.5.7 Reception of research, interviews and visits in the reporting periodReception time Reception place Reception way Reception object Major discussion content and the information provided by theCompany27 Jan. 2011 The Office of BOD Communicationby TelephoneIndividualinvestorWhether the Company’s businessperformance in 2010outperformed that of 2009?11 Feb. 2011 The Office of BOD Communicationby TelephoneIndividualinvestorWhether the formalities oftransferring the land of Moon Bayhas been completed?23 Feb. 2011The Office of BODCommunication by TelephoneIndividual investorThe Company’s stock trade suddenly increased at the first 10minutes of early quotation, whether the Company held any non-published significantinformation?10 Mar. 2011The Office of BODCommunication by TelephoneIndividual investorThe price of the Company’ sharesurged to the trade limit in the afternoon, whether the Company held any non-published beneficialinformation?Events after balance sheet date28 Apr. 2011The Office of BODCommunication by TelephoneIndividual investorWill the Company make profit in2011?3.5.8 Explanation on other significant events3.6 Implementation of cash dividends policy during the reporting period□Applicable √Inapplicable§4 Attachment4.1 Balance sheetPrepared by Shenzhen Properties & Resources Development (Group) Ltd.31 Mar. 2011 Unit: RMB YuanClosing balance Opening balanceItemConsolidation Parent company Consolidation Parent companyCurrent assets:Monetary funds 528,671,205.69 8,565,150.25 534,418,695.36 78,920,447.75Settlement fund reserve 272,100.00 272,100.00 272,100.00 272,100.00Notes receivable 300,000.00 300,000.00receivable 75,347,965.47 59,268,760.97 67,935,785.29 59,680,032.75 AccountAdvances to suppliers 391,278,337.28 385,593,863.60 49,360,431.87Dividend receivableOther account receivable 40,613,985.67 492,736,587.33 37,787,880.10 558,839,822.28Financial assets purchasedunder agreements to resellInventories 1,397,577,646.79 56,594,638.32 1,576,183,305.38 56,594,638.32Non-current assets duewithin 1 yearOther current assetsTotal current assets 2,434,061,240.90 1,003,031,100.47 2,266,258,198.00 754,307,041.10Non-current assets:Loans and advanceAvailable for sale financialassetsHeld to maturity investmentsLong-term accountreceivableLong-term equity81,517,424.98 250,927,924.98 81,390,188.20 250,800,688.20 investmentInvestment real estate 298,718,688.01 202,305,208.88 295,584,704.09 205,439,020.58Fixed asset 75,685,768.26 34,953,849.94 78,112,745.51 35,645,685.39Project in constructionEngineering materialFixed asset disposalBearer biological assetOil and gas assetsIntangible assets 104,933,929.43 106,563,665.92Development expenseGoodwillLong-term expense to be2,118,958.74 2,118,958.74 2,162,202.81 2,162,202.81apportionedDeferred income tax assets41,453,082.09 83,209,649.31Other non-current assetsTotal of non-current assets 604,427,851.51 490,305,942.54 647,023,155.84 494,047,596.98Total assets 3,038,489,092.41 1,493,337,043.01 2,913,281,353.84 1,248,354,638.08Current liabilities:Short-term borrowings 500,000,000.00 10,000,000.00Transactional financialliabilitiesNotes payableAccounts payable 94,738,800.87 34,368,872.65 105,465,038.93 34,423,717.0479,725.48 Advances from customers34,766,758.80 878,660,737.46Financial assets sold underagreements to repurchaseHandling charges andcommissions payablePayroll payable 56,506,812.40 10,831,416.57 53,817,405.36 9,636,557.03Taxes and fares payable 499,050,580.15 1,378,685.90195,585,180.87 1,264,740.40Dividend payableInterest payableOther accounts payable 230,079,523.85 757,843,379.57 229,549,997.54 508,763,899.07Non-current liabilities due149,580,000.00 250,960,000.00within 1 yearOther current liabilitiesTotal current liabilities 1,564,722,476.07 804,422,354.69 1,724,038,360.16 554,168,639.02Non-current liabilities:Long-term borrowings 212,000,000.00 212,000,000.00Debentures payableLong-term payablesSpecific-purpose accountpayablesAccrued liabilitiesDeferred income tax807.48 807.48 807.48 807.48 liabilitiesOther non-current101,390,578.98 2,429,164.54 102,194,477.26 2,429,164.54liabilitiesTotal non-current liabilities 313,391,386.46 2,429,972.02 314,195,284.74 2,429,972.02Total liabilities 1,878,113,862.53 806,852,326.71 2,038,233,644.90 556,598,611.04Owner’s equity (orShareholders’ equity)Paid-in capital (or share 595,979,092.00 595,979,092.00 595,979,092.00 595,979,092.00capital)capital 64,020,275.72 38,914,227.99 64,020,275.72 38,914,227.99 ShareLess: Treasury StockSurplus reserve 69,712,050.51 69,712,050.51 69,712,050.51 69,712,050.51General risk provisionRetained earnings 433,566,838.35 -18,120,654.20 148,961,664.40 -12,849,343.46Foreign exchange-3,765,113.76 -4,487,460.75 differenceTotal owners' equity1,159,513,142.82 686,484,716.30 874,185,621.88 691,756,027.04 attributable to holdingcompanyMinority interests 862,087.06 862,087.06 Total owners’ equity 1,160,375,229.88 686,484,716.30 875,047,708.94 691,756,027.04Total liabilities and owners’3,038,489,092.41 1,493,337,043.01 2,913,281,353.84 1,248,354,638.08 equity4.2 Income statementPrepared by Shenzhen Properties & Resources Development (Group) LtdJan. - Mar. 2011 Unit: RMB YuanJan. – Mar. 2011 Jan. – Mar. 2010ItemsConsolidation Parent company Consolidation Parent companyI. Total operating revenue 977,257,810.34 7,942,430.03 83,097,068.04 7,350,856.95 Including: Sales 977,257,810.34 7,942,430.03 83,097,068.04 7,350,856.95 cost 600,949,594.44 13,366,376.25 82,630,360.50 11,720,743.69 operatingII.TotalIncluding: Cost of sales 266,881,637.62 4,793,314.44 56,831,611.01 3,118,742.91Taxes and associate310,352,802.05 1,103,292.48 7,093,878.83 383,666.00 chargesSelling and distribution2,106,306.08 2,205,666.09expensesAdministrative19,894,087.19 7,551,280.30 15,940,013.09 7,175,602.37 expensesFinancial expenses 1,714,761.50 -81,510.97 559,191.48 1,398,155.07 Asset impairment loss-355,422.66Add: Gain/(loss) from35,100.00 35,100.00 change in fair value (“-”means loss)Gain/(loss) from127,236.78 127,236.78 76,353.59 76,353.59 investment (“-” means loss)Including: income forminvestment on affiliated127,236.78 127,236.78 86,447.23 86,447.23 enterprises and jointly-runenterprisesForeign exchange difference。
2011年第一季度安全质量文明施工大检查汇报材料
杭州地铁1号线工程九堡站及7、8号盾构区间2011年第一季度安全质量文明施工检查汇报材料中铁十六局集团杭州地铁1号线工程九堡站及7、8号盾构区间项目经理部2011年3月23日杭州地铁1号线工程九堡站及7、8号盾构区间2011年第一季度安全、质量、文明施工自查情况汇报为迎接杭州地铁集团安全质量文明施工大检查,项目部认真组织各部门按照杭州地铁工程[2010]90号及15项重点检查项目进行逐项自查,查找自身工作的不足,并借此机会完善项目部管理和施工现场的漏洞和不足,努力提高项目部管理水平,进一步推进项目安全质量文明施工。
现将重点检查项目自查情况汇报如下:1、2011年安全生产会议贯彻落实及安全生产责任制签订等情况(含与分包单位的安全生产责任书签订情况):今年,我部主要以强化安全管理,落实“安全第一,预防为主,综合治理”的方针,从源头做起,责任到人,狠抓责任制的落实。
项目部已与各级管理人员及施工队签订安全终端管理责任书,将安全责任横向到边、纵向到底层层分解、落实,并且重新修订、发布《项目部安全生产管理制度》,确保做到以方案指导施工,以制度管理生产.2、新开工工点的安全质量保证体系建立情况:无新开工工点。
3、三月份“安全生产教育培训月”活动开展及持证上岗情况:2011年我部对节后上场工人全部进行了安全教育与岗前培训40多人,均已持证上岗。
我项目部根据杭地铁质安【2011】11号文件《关于开展2011年“安全教育培训月”活动的通知》要求,大力开展“普及安全知识、强化安全意识"为主题的安全月活动.在施工现场和项目部张贴了宣传画和挂设横幅标语和技能安全幻灯片等工作,通过开展具有特色的宣传党和国家安全生产方针、政策、法律法规、安全知识、安全技能等,同时还深入宣传落实各级人员的安全生产责任制,增强员工的法制观念,强化安全生产基础管理,消除事故隐患,让安全扎根于每一个人心中,通过此次“安全教育培训月”活动,进一步明确了责任制,充分调动了每个员工的积极性,从根本上消除了职工对安全工作的模糊认识,增强了职工的安全意识和遵章守纪观念,提高了全体员工安全生产的法制意识,确保了施工生产安全顺利进行,推进了以人为本的企业文化建设,使现场的安全文明施工工作处于在控、可控、能控状态.4、深基坑开挖及支撑架设及雨季施工准备情况:九堡站现正在进行附属结构基坑施工,施工过程中主要存在以下情况:①1#、4#出入口基坑开挖因目前杭州市经常性的下雨,导致开挖进度较慢;②附属结构基坑开挖与车站接口咬合桩结构凿除同步进行,对基坑开挖进度造成影响;③车站主体内部装修施工单位已经进场施工,西区场地狭小,对西区3#出入口结构施工造成影响。
传化股份:2011年第一季度报告全文 2011-04-22
浙江传化股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人徐冠巨、主管会计工作负责人吴建华及会计机构负责人(会计主管人员)杨万清声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元非经常性损益项目√适用□不适用单位:元2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况□适用√不适用√适用□不适用3.3 公司、股东及实际控制人承诺事项履行情况上市公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项√适用□不适用3.4 对2011年1-6月经营业绩的预计3.5 其他需说明的重大事项3.5.1 证券投资情况□适用√不适用4.1 资产负债表编制单位:浙江传化股份有限公司2011年03月31日单位:元4.2 利润表编制单位:浙江传化股份有限公司2011年1-3月单位:元本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:0.00元。
4.3 现金流量表编制单位:浙江传化股份有限公司2011年1-3月单位:元4.4 审计报告审计意见:未经审计浙江传化股份有限公司董事会董事长:徐冠巨2011年4月21日。
杭汽轮B:2010年半年度报告摘要(英文版) 2010-08-28
Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2010-33Hangzhou Steam Turbine Co., Ltd.Interim Report 2010 (Summary)§1 Important Declaration1.1 The Board of Directors and the directors of the Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of the Report.This is the summary abstracted from the complete version of Semi-Annual Report 2004, which is published synchronously on the Internet () for details please refer to the complete version.1.3 Directors other than the followings presented the Board Meeting on which this report was examined:Name of the director absented Position Reason for not presenting the meetingName ofconsigneeZhen Bin Vice Chairman Out on business Wang Hongkang 1.3 The financial statements carried in this report are not audited.1.4 Chairman Mr. Nie Zhonghai, General Manager Mr. Yan Jianhuan, Chief Financial Officer Mr. Bai Ronghua, and the Chief of Accounting Department Mr. Wu Guomei hereby declares: the Financial Statement in the report is guaranteed to be truthful and complete.§2 Company Profile2.1 Company ProfileStock ID Hangqilun BStock Code 200771Stock Exchange Shenzhen Stock ExchangeSecretary of the Board Representative of Stock Affairs Name Yu Changquan Wang GangAddress No. 357 Shiqiao Rd. Hangzhou No. 357 Shiqiao Rd. HangzhouTel. (0571)85780432 (0571)85780198Fax. (0571)85780433 (0571)85780433Email. ychq@ wg@2.2 Financial Highlights2.2.1 Financial HighlightsIn RMB YuanEnded this report Ended previous year Increase/decrease (%)termGross Assets 5,473,877,595.454,910,772,244.3011.47%Owners’equity to shareholders of the listedcompany2,443,214,287.922,336,109,466.46 4.58%Share capital 483,340,000.00371,800,000.0030.00%Net asset per share attributable to the shareholdersof the listed company (Yuan/share)5.056.28-19.59%Report term (Jan-Jun)Same period last year Increase/decrease (%)Turnover 1,840,515,550.971,646,527,768.3711.78%Operation profit 364,532,652.81337,811,535.697.91%Total profit 361,682,077.81338,432,212.27 6.87%Net profit attributable to the shareholders of thelisted company255,824,821.46238,780,981.807.14%Net profit after deducting of non-recurring gain/lossattributable to the shareholders of the listedcompany257,610,164.37239,412,809.457.60%Basic earnings per share (Yuan/share) 0.52930.6422-17.58%Diluted earnings per share (Yuan/share) 0.52930.6422-17.58%Net return on equity (%) 10.47%11.99%-1.52%Cash flow generated by business operation, net 209,974,963.27-9,773,984.93-2,248.30%Net Cash flow per share generated by businessoperation (yuan/share)0.43-0.03-1,533.33%2.2.2. Non-recurring gain and loss items√ applicable □ not applicableIn RMB YuanNon-recurring gain and loss items Amount Note (if applicable)Gain/loss of non-current assets 48,907.71Government subsidies accounted into current gain/loss account, otherthan those closely related to the Company’s common business, complywith the national policy and continues to enjoy at certain fixed rate oramount.1,300,412.00Other non-business income and expenditures other than the above -4,199,894.71Influenced amount of minority shareholders’ equity 508,618.57Influenced amount of income tax 556,613.52Total -1,785,342.91- 2.2.3 Diversity between the Domestic and the International Accounting Standards√ applicable □ not applicableIn RMB YuanNet profit attributable to the shareholders of thelisted company Owners’equity to shareholders of the listedcompanyCurrent term Amount of last term End of term Beginning of term On IAS 255,824,821.46238,780,981.802,443,214,287.92 2,336,109,466.46 On domestic accountingstandard255,824,821.46238,780,981.802,443,214,287.92 2,336,109,466.46 Individual and total of adjustment according to IASTotal of differencesbetween the IAS and0.000.000.00 0.00domestic accountingstandardStatement on differencesbetween the IAS andChinese AccountingStandardNone§3 Changes in Share Capital & Particulars about Shareholders3.1. Statement of Changes in Shares√ applicable □ not applicablein shares Before the change Changed (+,-) After the changeAmount Proportion Issuing ofnew sharesBonussharesTransferredfrom reservesOthers Sub-total Amount ProportionI. None negotiableshares236,600,00063.64% 70,980,00070,980,000 307,580,00063.64% 1. Promoter’sshares236,600,00063.64% 70,980,00070,980,000 307,580,00063.64% Including:State-owned shares236,600,00063.64% 70,980,00070,980,000 307,580,00063.64% Domestic legalperson sharesOverseas legalperson sharesOthers2. Legal personshares placed3. Employees’shares4. Preference sharesor othersII. Negotiableshares135,200,00036.36% 40,560,00040,560,000 175,760,00036.36% 1. Common sharesin RMB2. Foreign shares indomestic market135,200,00036.36% 40,560,00040,560,000 175,760,00036.36% 3. Foreign shares inoverseas market4.OthersIII. Total of capitalshares371,800,000100.00% 111,540,000111,540,000 483,340,000100.00% 3.2 Particulars about the top 10 shareholders and top 10 current share holdersin shares Total of shareholders 15,783 Top 10 ShareholdersName of the shareholder Properties ofshareholderShareproportion %Total sharesNon-negotiableshares heldPledged orfrozenHangzhou Steam Turbine Power Group Co., Ltd. State-owned 63.64%307,580,000307,580,000 91,000,000legal personSCHRODER INTL SELECTION FD-GREATER CN FD GTI 25287 Overseas legalperson1.69%8,173,7160 0NORGES BANK Overseas legalperson0.72%3,470,0390 0TOYO SECURITIES ASIA LIMITED-A/C CLIENT. Overseas legalperson0.37%1,787,3260 0Xia Zulin Domestic naturalperson0.35%1,673,0000 0BOCHK INVESTMENT FUNDS-BOCHK CHINA GOLDEN DRAGON FUND Overseas legalperson0.34%1,659,8360 0AUSTRALIANSUPER PTY LTD Overseas legalperson0.28%1,351,4880 0Natio Securities Co.,Ltd. Overseas legalperson0.25%1,186,9090 0INVESTERINGSFORENINGEN DANSKE INVEST Overseas legalperson0.22%1,067,0330 0Hu Xiaofeng Domestic naturalperson0.21%1,004,1270 0Top 10 Negotiable Share HoldersName of the shareholder Current shares held Category of shares SCHRODER INTL SELECTIONFD-GREATER CN FD GTI 25288,173,716Foreign shares placed in domestic exchange NORGES BANK 3,470,039Foreign shares placed in domestic exchange TOYO SECURITIES ASIALIMITED-A/C CLIENT.1,787,326Foreign shares placed in domestic exchange Xia Zulin 1,673,000Foreign shares placed in domestic exchange FUNDS-BOCHK CHINA GOLDENDRAGON FUND1,659,836Foreign shares placed in domestic exchange AUSTRALIANSUPER PTY LTD 1,351,488Foreign shares placed in domestic exchange Natio Securities Co.,Ltd. 1,186,909Foreign shares placed in domestic exchange INVESTERINGSFORENINGENDANSKE1,067,033Foreign shares placed in domestic exchange Hu Xiaofeng 1,004,127Foreign shares placed in domestic exchange GUOTAI JUNANSECURITIES(HONGKONG) LIMITED737,504Foreign shares placed in domestic exchangeNotes to relationship or “action in concert”among the top tenshareholders. (1) Of top ten shareholders, Hangzhou Steam Turbine Group Co., Ltd. holds shares on behalf of the State and the others are to B-Share shareholders.(2) Hangzhou Steam Turbine Group Co., Ltd. is not related to any of the other 9 shareholders. It is unknown whether there is any relationship among the 9 shareholders. (3) None of the other shareholders are regarded as Act in Concert relationship according to the Administrative Regulations of Information Disclosing of Public Companies.(4) Hangzhou Steam Turbine Group Co., Ltd. (HSTG) entered the share equity collateral contract with Communication Bank Zhejiang Branch on April 30, 2010. Basing on the original “Highest Value Pledge Contract”, the collateral subject will stay unchanged at 91 million shares. In return, HSTG will have the annual credit up to RMB300 million. The collateral term will start from April 30, 2010 and ended at March 31, 2012. As of the report date, the total of capital shares of the Company was 483.34 million shares, 307.58 were held by HSTG, the 91 million shares were state-owned promoter’s shares, accounted for 29.60% of the shares held by HSTG, and 18.83% of the Company’s total capital shares.3.3 Change in Controlling Shareholder and the Substantial Dominator □applicable √ not applicable§4 Directors, Supervisors and Senior Executives 4.1 Changes in Shares Held by Directors, Supervisors and Senior Executives √ applicable □ not applicableName Position Shares heldat thebeginning oftermAmount ofsharesincreased inthe reporttermAmount ofsharesdecreased inthe reporttermShares heldat the end oftermIncl.ConditionalsharesShare optionheld at endof termCause ofchangeZhang Shutan Vice GeneralManager44,000 13,200057,2000 03 bonus sharesto each 10shares§5 Report of the Board of Directors5.1 Principal business segments on industries/productsIn RMB10 thousandSegments on industriesOn industry or product Turnover Operation cost Gross profit ratio(%)Increase/decrease of turnoverover the sameperiod of lastyear (%)Increase/decrease of operationcost over thesame period oflast year (%)Increase/decreaseof gross profitratio over thesame period oflast year (%)Boiler and powermachine manufacture151,592.38 94,798.5437.46%11.46%13.96% -1.38% Casting 2,799.842,237.0120.10%-22.49%-1.55% -17.00% Petrochemical and otherspecial machineries3,651.03 3,528.72 3.35%-45.79%-25.94% -25.91% Packaged equipment forwaste heat power plant5,799.90 4,730.9018.43%-43.56%-26.35% -19.06% Other special equipment 19,182.17 11,980.2437.54%211.31%302.29% -14.13% Total 183,025.32117,275.4135.92%12.43%17.71% -2.88%Segments on productsIndustrial steam turbine 151,592.38 94,798.5437.46%11.46%13.96% -1.38% Casting products 2,799.84 2,237.0120.10%-22.49%-1.55% -17.00% Auxiliary machinery 3,651.03 3,528.72 3.35%-45.79%-25.94% -25.91% Packaged equipment forwaste heat power plant5,799.90 4,730.9018.43%-43.56%-26.35% -19.06% Others 19,182.1711,980.2437.54%211.31%302.29% -14.13% Total 183,025.32117,275.4135.92%12.43%17.71% -2.88% 5.2 Major businesses segment on regions In RMB10 thousandRegions Turnover Change of income over last year % Domestic 158,919.54 6.46% Overseas 24,105.7778.24% Total 183,025.3212.43%5.3 Major Change in the Principal Business or its Structure□applicable √ not applicable5.4 Major Change in the Profitability (Gross Profit Rate) of the Major Business over the Previous Year□applicable √ not applicable5.5 Cause of Major Change in the Profit Composition over the Previous Year□applicable √ not applicable5.6 Using of proceeds from financing actions5.6.1 Application of Proceeds Raised through Share Offering□applicable √ not applicable5.6.2 Change of Projects□applicable √ not applicable5.7 Revising of business plan for the 2nd half of year by the Board of Directors□applicable √ not applicable5.8 Estimated accumulative profit from the year beginning to the end of the next report period may be of deficits; or in comparison with the same period of the previous year, give the warning of great change and the notice to the reasons.□applicable √ not applicable5.9 Statement of the Board on the Non-standard Opinion Presented by the Certified Public Accountants □applicable √ not applicable5.10 Statement of the Management on the Change and the Treatment Result of the Issues Involved in the Non-standard Opinion Presented by the Certified Public Accountants in the Previous Year.□applicable √ not applicable§6 Significant Events6.1 Acquisition and disposal of assets, reorganization of assets6.1.1 Acquisition of assets□applicable √ not applicable6.1.2 Selling of assets□applicable √ not applicable6.1.3 Since the Report on Assets Reorganization or Public Notice on Acquisition/Sales of Assets has beenpublished, the progress of the event and the influence upon the operation result and financial position in thereport period.□applicable √ not applicable6.2 Guarantees□applicable √ not applicable6.3 Non-operational credit/debt with related parties√ applicable □ not applicableIn RMB10 thousandFund provided to the related parties Accept money from the related partiesRelated partiesAmount occurred Balance Amount occurred BalanceHangzhou Relian International Trading Co. 0.000.005,000.00 5,000.005,000.00Total 0.000.005,000.00 Including: capital provided by the Company to the holding shareholder and its subsidiaries was RMB0.00 in the report term, andbalance was RMB0.00.6.4 Material Lawsuits/Arbitrations□applicable √ not applicable6.5 Notes to the other Significant Events and their Influences and Analysis on the Solutions□applicable √ not applicable6.5.1 Securities investment□applicable √ not applicable6.5.2 Particulars about shareholding in other listed companies□applicable √ not applicable6.5.3 Statement of capital adoption by the main shareholder and its affiliates□applicable √ not applicable6.5.4 Fulfilling of commitment issues by the Company, shareholders, and substantial controller□applicable √ not applicable6.5.5 Profit distribution or capitalizing of common reserves proposed by the Board for the current term□applicable √ not applicable6.5.6 Misc. income itemsIn RMB YuanItems Occurred currenttermAmount occurred insame period lastyear1. Gains (losses) from sellable financial assetsLess: Income tax influence of sellable financial assetsNet amount written into other gains and transferred into gain/loss in previous termsSub-total2. Shares in the other misc. income subjects in the investee on equity basisLess: Income tax influence of shares in other gains of investees on equity basisNet amount written into other gains and transferred into gain/loss in previous termsSub-total3. Amount of gains (or losses) from cash flow hedge instrumentLess: Income tax influence of cash flow hedge instrumentsNet amount written into other gains and transferred into gain/loss in previous termsAdjusted amount transferred to initial amount of the target projectSub-total4. Difference from translating of foreign currency financial statementsLess: Net amount of disposing overseas business and transferred to current gain/lossSub-total5. OthersLess: Income tax influence by other accounted into other misc. incomesNet amount accounted into other misc. income and transferred into current gain/loss inprevious termsSub-totalTotal 0.00 0.00 6.6 Reception of investigations, communications, or interviewsTime/date Place Way Visitors Main content involved and material providedFeb 04,2010HTC Face to face talk Dahe Securities Capital expenditure of recent years, possibility of issuing H sharesMar 15, 2010 HTC Face to face talkZhongjin Co.Hong KongHangzhou Bank Share, order trend, influence of financial crisis,productivity, competitors, share equity reformationApril 17, 2010 HTCTelephonecommunicationHualeInvestmentProduction circle, order source, influence of material price, financingresourceApr 1, 2010 HTC Face to face talk Orient SecuritiesProduct introduction, industry profile, route of B shares, orders, futuredevelopmentApr 21, 2010 HTC Face to face talkIndividualshareholderBusiness structure, employee wages, residue heat power plant, investorrelationship, preferable policiesMay 13, 2010 HTC Face to face talk J.P. MorganGrowth point of 2010, competitions, advantages of the Company, pricecomparison, energy-saving advantage, employees, market share, overseasmarket, productivityMay 142010HTC Face to face talk China Fund Raw material, orders, 3-year expectation, advantages, overseas marketJun 25, 2010 HTC Face to face talkHaitongSecuritiesIndustrial and international trend, the holding shareholder, services, residueheat recycling products§7 Financial Report7.1 Auditor’s OpinionFinancial Report √Not audited □ Audited7.2 Financial Statements7.2.1 Balance SheetPrepared by: Hangzhou Steam Turbine Co., Ltd. Ended June 30, 2010 in RMB YuanBalance at the end of term Balance at the beginning of year ItemsConsolidated Parent company Consolidated Parent company Current asset:Monetary capital 468,533,578.69149,989,673.29486,439,602.82 100,717,329.17 Settlement provisionOutgoing call loanTransactional financial assetsNotes receivable 569,736,165.06363,217,504.37585,510,190.21 434,620,525.22 Account receivable 1,589,408,947.691,322,963,582.451,329,433,302.65 1,115,063,042.90 Prepayment 318,739,151.06123,948,075.50219,791,399.56 78,676,643.13 Insurance receivableReinsurance receivableProvisions of Reinsurance contracts receivableInterest receivableDividend receivableOther account receivable 29,050,437.4324,249,125.6417,333,756.04 16,869,617.12 Repurchasing of financial assetsInventories 1,174,826,940.07869,692,814.011,009,100,047.12 774,155,875.55 Non-current asset due in 1 yearOther current asset 108,275.80Total of current asset 4,150,295,220.002,854,060,775.263,647,716,574.20 2,520,103,033.09 Non-current assetsLoans and payment on other’s behalf disbursedDisposable financial assetExpired investment in possessLong-term receivableLong-term share equity investment 402,586,451.62472,280,099.47402,586,451.62 472,280,099.47 Investment propertiesFixed assets 516,774,651.56336,300,049.36528,315,267.49 350,458,537.59 Construction in process 181,058,362.5739,587,413.97133,993,100.65 14,507,898.96 Engineering goods 411,981.80Fixed asset disposalProduction physical assetsGas & petrolIntangible assets 160,138,182.2346,724,159.17141,444,716.26 47,902,806.89R&D expenseGoodwill 187,501.55Long-term amortizable expenses 9,716,028.937,438,801.138,092,318.74 7,438,801.13 Differed income tax asset 52,709,215.1939,114,576.9648,623,815.34 39,114,576.96 Other non-current assetTotal of non-current assets 1,323,582,375.45941,445,100.061,263,055,670.10 931,702,721.00 Total of assets 5,473,877,595.453,795,505,875.324,910,772,244.30 3,451,805,754.09 Current liabilitiesShort-term loans 195,000,000.00136,000,000.00Loan from Central BankDeposit received and hold for othersCall loan receivedTrade off financial liabilitiesNotes payable 70,004,809.9247,141,782.92103,656,815.22 155,170,592.22 Account payable 536,270,437.77387,235,375.67320,766,161.48 202,453,257.90 Prepayment received 1,387,427,722.19961,417,044.871,233,884,154.03 872,137,702.04 Selling of repurchased financial assetsFees and commissions receivableEmployees’ wage payable 35,749,491.6923,286,688.3923,241,197.54 14,713,270.72 Tax payable 76,686,730.3966,942,907.1589,484,573.70 62,319,098.96 Interest payable 195,250.00Dividend payableOther account payable 88,031,611.0031,969,193.3924,231,372.13 14,582,847.36 Reinsurance fee payableInsurance contract provisionEntrusted trading of securitiesEntrusted selling of securitiesNon-current liability due in 1 yearOther current liabilityTotal of current liability 2,389,170,802.961,517,992,992.391,931,459,524.10 1,321,376,769.20 Non-current liabilitiesLong-term borrowings 260,463,800.00190,463,800.00247,463,800.00 190,463,800.00 Bond payableLong-term payable 330,000.00330,000.00Special payableContingent liabilitiesDiffered income tax liability 1,225,366.391,225,366.391,225,366.39 1,225,366.39 Other non-recurring liabilities 8,004,440.006,362,250.003,322,740.00 1,942,250.00 Total of non-current liabilities 270,023,606.39198,051,416.39252,341,906.39 193,631,416.39 Total of liability 2,659,194,409.351,716,044,408.782,183,801,430.49 1,515,008,185.59 Owners’ equity (or shareholders’ equity)Capital paid in (or share capital) 483,340,000.00483,340,000.00371,800,000.00 371,800,000.00 Capital reserves 138,953,250.09138,953,250.09138,953,250.09 138,953,250.09 Less: Shares in stockSpecial reservesSurplus reserves 327,932,742.87309,176,337.74327,932,742.87 309,176,337.74Common risk provisionRetained profit 1,492,988,294.961,147,991,878.711,497,423,473.50 1,116,867,980.67 Different of foreign currency translationTotal of owner’s equity belong to the parent company 2,443,214,287.922,079,461,466.542,336,109,466.46 1,936,797,568.50 Minor shareholders’ equity 371,468,898.18390,861,347.35Total of owners’ equity 2,814,683,186.102,079,461,466.542,726,970,813.81 1,936,797,568.50 Total of liabilities and owners’ equity 5,473,877,595.453,795,505,875.324,910,772,244.30 3,451,805,754.097.2.2 Income StatementPrepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Jun 2010 in RMB YuanAmount of the Current Term Amount of the Previous Term ItemsConsolidated Parent company Consolidated Parent company I. Total revenue 1,840,515,550.971,315,034,718.531,646,527,768.37 1,073,162,456.36 Incl. Business income 1,840,515,550.971,315,034,718.531,646,527,768.37 1,073,162,456.36 Interest incomeInsurance fee earnedFee and commission receivedII. Total business cost 1,477,083,633.931,086,383,790.371,338,614,316.66 897,083,253.50 Incl. Business cost 1,180,414,236.98882,879,318.321,012,507,507.68 647,775,737.01 Interest expenseFee and commission paidInsurance discharge paymentNet claim amount paidNet insurance policy reserves providedInsurance policy dividend paidReinsurance expensesBusiness tax and surcharge 5,129,818.231,947,356.385,160,353.50 1,470,364.64 Sales expense 54,567,107.0535,616,211.6445,458,660.63 31,560,637.45 Administrative expense 177,912,362.66122,113,732.45249,922,132.65 201,008,922.60 Financial expenses 9,719,615.004,603,057.83-6,368,268.96 -8,223,147.20 Asset impairment loss 49,340,494.0139,224,113.7531,933,931.16 23,490,739.00 Plus: Gains from change of fair value (“-“ for loss)Investment gain (“-“ for loss) 1,100,735.7798,297,793.2729,898,083.98 74,878,300.00 Incl. Investment gains from affiliatesGains from currency exchange (“-“ for loss)III. Operational profit (“-“ for loss) 364,532,652.81326,948,721.43337,811,535.69 250,957,502.86 Plus: Non business income 2,207,680.04891,907.713,489,025.96 274,985.76 Less: Non-business expenses 5,058,255.042,382,712.612,868,349.38 1,673,162.45 Incl. Loss from disposal of non-current assetsIV. Gross profit (“-“ for loss) 361,682,077.81325,457,916.53338,432,212.27 249,559,326.17 Less: Income tax expenses 55,770,552.8534,074,018.4950,301,587.28 26,202,153.93 V. Net profit (“-“for net loss) 305,911,524.96291,383,898.04288,130,624.99 223,357,172.24 Net profit attributable to the owners of parent company255,824,821.46291,383,898.04238,780,981.80 223,357,172.24 Minor shareholders’ equity 50,086,703.5049,349,643.19VI. Earnings per share:(I) Basic earnings per share 0.52930.6422(II) Diluted earnings per share 0.52930.6422VII. Other misc. incomesVIII. Total of misc. incomes 305,911,524.96291,383,898.04288,130,624.99 223,357,172.24Total of misc. incomes attributable to the owners of the255,824,821.46291,383,898.04238,780,981.80 223,357,172.24 parent companyTotal misc gains attributable to the minor shareholders50,086,703.5049,349,643.197.2.3 Cash Flow StatementPrepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Jun 2010 in RMB YuanAmount of the Current Term Amount of the Previous Term ItemsConsolidated Parent company Consolidated Parent companyI. Net cash flow from business operationCash received from sales of products and providing of1,762,387,472.251,107,857,783.611,406,430,485.49 938,720,443.94 servicesNet increase of customer deposits and capital kept forbrother companyNet increase of loans from central bankNet increase of inter-bank loans from other financialbodiesCash received against original insurance contractNet cash received from reinsurance businessNet increase of client deposit and investmentNet increase of trade financial asset disposalCash received as interest, processing fee, andcommissionNet increase of inter-bank fund receivedNet increase of repurchasing businessTax returned 1,069,300.0015,999,725.87 14,407,182.93Other cash received from business operation 28,631,978.565,500,330.1420,064,437.32 2,191,871.00Sub-total of cash inflow from business activities 1,792,088,750.811,113,358,113.751,442,494,648.68 955,319,497.87Cash paid for purchasing of merchandise and services1,074,285,012.58665,615,592.591,042,124,631.51 839,332,022.58Net increase of client trade and advanceNet increase of savings in central bank and brothercompanyCash paid for original contract claimCash paid for interest, processing fee and commissionCash paid for policy dividend152,196,676.51 Cash paid to staffs or paid for staffs 207,469,163.90164,121,586.78191,294,908.68 Taxes paid 191,337,679.45115,386,353.49160,723,076.96 100,812,561.79Other cash paid for business activities 109,021,931.6135,380,449.4658,126,016.46 20,394,180.04Sub-total of cash outflow from business activities 1,582,113,787.54980,503,982.321,452,268,633.61 1,112,735,440.92Cash flow generated by business operation, net 209,974,963.27132,854,131.43-9,773,984.93 -157,415,943.05II. Cash flow generated by investingCash received from investment retrievingCash received as investment gains 1,100,735.7798,197,057.5030,114,561.65 92,090,800.00Net cash retrieved from disposal of fixed assets,92,900.0072,950.00146,400.00 146,400.00 intangible assets, and other long-term assetsNet cash received from disposal of subsidiaries orother operational unitsOther investment-related cash received 90,868.96100,735.77Sub-total of cash inflow due to investment activities1,284,504.7398,370,743.2730,260,961.65 92,237,200.00 Cash paid for construction of fixed assets, intangible123,511,525.9228,680,728.1524,019,009.01 7,944,707.66assets and other long-term assets1,937,647.85Cash paid as investment 700,000.001,937,647.85 Net increase of loan against pledgeNet cash received from subsidiaries and otheroperational unitsOther cash paid for investment activitiesSub-total of cash outflow due to investment124,211,525.9228,680,728.1525,956,656.86 9,882,355.51activitiesNet cash flow generated by investment -122,927,021.1969,690,015.124,304,304.79 82,354,844.49III. Cash flow generated by financingCash received as investmentIncl. Cash received as investment from minorshareholdersCash received as loans 193,000,000.00287,463,800.00140,463,800.00Cash received from bond placingOther financing-related cash receivedSubtotal of cash inflow from financing activities 193,000,000.00287,463,800.00 140,463,800.00Cash to repay debts 71,000,000.00105,000,000.00Cash paid as dividend, profit, or interests 226,621,543.69152,939,465.11210,780,258.38 151,503,175.10Incl. Dividend and profit paid by subsidiaries to minorshareholdersOther cash paid for financing activities 3,000,000.00Subtotal of cash outflow due to financing activities297,621,543.69152,939,465.11318,780,258.38 151,503,175.10Net cash flow generated by financing -104,621,543.69-152,939,465.11-31,316,458.38 -11,039,375.10IV. Influence of exchange rate alternation on cash and cash-332,422.52-332,337.3213,042,975.99 13,042,967.12equivalentsV. Net increase of cash and cash equivalents -17,906,024.1349,272,344.12-23,743,162.53 -73,057,506.54Plus: Balance of cash and cash equivalents at the486,439,602.82100,717,329.17450,103,030.94 158,711,304.02beginning of termVI. Balance of cash and cash equivalents at the end of term468,533,578.69149,989,673.29426,359,868.41 85,653,797.48。
晨 鸣B:2011年第一季度报告全文(英文版) 2011-04-28
山东晨鸣纸业集团股份有限公司SHANDONG CHENMING PAPER HOLDINGS LIMITED*(a joint stock company incorporated in the People’s Republic of China with limited liability)First Quarter Report 2011§1 IMPORTANT NOTICE1.1 The board of directors (the “Board”), the supervisory committee (the “SupervisoryCommittee”), directors (the “Directors”), supervisors (the “Supervisors”) and the senior management (the “Senior Management”) of the Company warrant that this report does not contain any false information, misleading statements or material omissions, and accept joint and several responsibility for the truthfulness, accuracy and completeness of the contents of this report. This report has been prepared in both Chinese and English. For any discrepancies, the Chinese version shall prevail.1.2 None of the Directors, Supervisors and Senior Management is unable to warrant thetruthfulness, accuracy and completeness of the contents of this report or hold any dissenting views.1.3 This quarterly report has been considered and approved by the sixth meeting of the sixthsession of the Board of the Company. All Directors attended this meeting by communication.1.4 The first quarterly financial report of the Company prepared in accordance withAccounting Standards for Business Enterprises issued by the Ministry of Finance of the People’s Republic of China (the “PRC”) by the Company and its subsidiaries (collectively referred to as the “Group”) are unaudited.1.5 Chen Hongguo, the person in charge of the Company, Wang Chunfang, the financialcontroller of the Company, and Li Dong, head of accounting department (the person in charge of accounting) hereby declare their assurance for the truthfulness and completeness of the financial report contained in the quarterly report.§2 BASIC COMPANY INFORMATION2.1 Major accounting data and financial indicatorsUnit: RMBAs at the end of the reportingperiod As at the end ofthe prior yearIncrease/decrease(%)Total Assets (RMB) 37,529,826,696.70 35,077,132,129.98 6.99%Owners’ equity attributable toshareholders of the Company(RMB)13,771,067,499.75 13,535,785,794.54 1.74% Share capital (shares) 2,062,045,941.00 2,062,045,941.00 0.00%Net assets per share attributable toshareholders of the Company (RMBper share)6.68 6.56 1.83%The reportingperiodThe correspondingperiod of theprior yearIncrease/decrease(%)Total operating revenue (RMB) 4,215,779,027.36 3,917,441,890.00 7.62% Net profit attributable to equityholders of the Company (RMB) 235,410,265.86 238,099,243.24 -1.13% Net cash flows from operatingactivities (RMB) 235,068,880.84 656,022,760.24 -64.17% Net cash flows per share fromoperating activities (RMB/share) 0.11 0.32 -65.63% Basic earnings per share(RMB/share) 0.11 0.12 -8.33% Diluted earnings per share(RMB/share) N/A N/A N/AWeighted average return on netassets (%)1.72% 1.82% Decreasedby 0.1 percentagepointsWeighted average return on netassets after extraordinary gains orlosses (%)1.23% 1.57% Decreasedby 0.34 percentagepointsExtraordinary gains or losses items√ Applicable Not ApplicableUnit: RMB Extraordinary gains or losses items Amounts Note (ifapplicable) Gain or loss on disposal of non-current assets 129,044.99Government grants recognised in profit or loss during thecurrent period, except for government grants closely80,813,737.63related to the course of ordinary operation of the Companythat were given constantly at a fixed standard amount orquantity as stipulated by the StateGain or loss on debt restructuring 0.00Other non-operating income and expenses other than theabove items1,725,562.01Effect of income tax -11,261,777.94Effect of minority interests -4,014,391.97Total 67,392,174.72 — 2.2 Total number of shareholders and the shareholding of the top ten shareholders ofnon-restricted shares as at the end of the reporting periodUnit: share Total number ofshareholders as at the end of the reporting period The total number of shareholders was 157,046, of which 126,660 were holders of A shares, 29,762 were holders of B shares and 624 were holders of H shares.Shareholding of the top ten shareholders of non-restricted tradable sharesName of shareholders (Full Name) Number of non-restrictedtradable shares held as atthe end of the reportingperiodClassHKSCC NOMINEESLIMITED 389,860,000 Overseas listed foreign shares (H Shares)Shouguang ChenmingHoldings Company Limited 293,003,657 RMB ordinary shares(A Shares)PLATINUM ASIA FUND 43,480,377 Domestic listed foreign shares (B Shares)BBH BOS S/A FIDELITYFD - CHINA FOCUS FD 29,800,890 Domestic listed foreign shares (B Shares)BILL & MELINDA GATESFOUNDATION TRUST 24,036,202 RMB ordinary shares(A Shares)HTHK-MANULIFE CHINAV ALUE FUND 22,892,182 Domestic listed foreign shares (B Shares)MANULIFE GLOBALFUND 20,324,321 Domestic listed foreign shares (B Shares)China Life Insurance Company Limited - Dividend- Individual Dividend - 005L- FH002 Shenzhen 18,819,737 RMB ordinary shares(A Shares)National Social Security FundCombination 104 14,999,927 RMB ordinary shares (AShares)DRAGON BILLION CHINAMASTER FUND 13,853,877 Domestic listed foreign shares (B Shares)§3 MATERIAL MATTERS3.1 Details of and reasons for significant changes in major accounting statement items and financial indicators of the Company√ Applicable Not Applicable1. Analysis of the assets and liabilities of the CompanyUnit: RMBItem 31 March 2011 31 December 2010 Change(%)ReasonforchangeOther receivables 246,062,181.96 117,634,380.52 109.18% (1) Other current assets 1,058,727,036.59 658,572,125.34 60.76% (2) Construction in progress 9,102,562,587.01 7,871,512,563.84 15.64% (3) Construction materials 177,454,089.59 116,481,086.12 52.35% (3) Short-term borrowings 5,672,758,395.26 3,594,157,220.47 57.83% (4) Bills payable 825,896,324.21 218,757,186.75 277.54% (5) Advance receipts 249,637,309.10 410,243,554.75 -39.15% (6) Other current liabilities 1,863,877,946.13 3,412,493,915.88 -45.38% (7) Explanation on the main reasons leading to the changes:(1) Other receivables increased by 109.18% as compared to the beginning of the year mainlydue to the increase in the prepaid customs bonds by the Company.(2) Other current assets increased by 60.76% as compared to the beginning of the year mainlydue to an increase of the value-added tax to be deducted resulting from the investments such as project investments by the Company.(3) Construction in progress increased by 15.64% and construction materials increased by52.35% respectively as compared to the beginning of the year mainly due to theinvestments made in the projects such as the Zhanjiang pulp project and the copperplate paper project of annual production capacity of 800,000 tonnes.(4) Short-term borrowings increased by 57.83% as compared to the beginning of the yearmainly due to the increase in the repayment of short-term debentures during the current period and more outstanding notes being discounted.(5) Bills payable increased by 277.54% as compared to the beginning of the year mainly dueto acceptance made for repayment of short-term debentures by the Company.(6) Advance receipts decreased by 39.15% as compared to the beginning of the year mainlydue to receipt of less prepayments by the Company as compared to the beginning of the year.(7) Other current liabilities decreased by 45.38% as compared to the beginning of the yearmainly due to repayment of short-term debentures due during the current period by the Company.2. Explanation on significant change of income statement compared with the corresponding period of the prior yearUnit: RMBItem 31 March 2011 31 March 2010 Change(%) Reasonfor changeBusiness taxes and surcharges 17,610,362.77 3,901,057.41 351.43% (1) Loss on impairment of assets -7,017,489.87 16,074,481.93 -143.66% (2) Investment income -6,862,531.53 -1,672,580.37 -310.30% (3) Non-operating income 93,693,686.12 45,633,132.91 105.32% (4) Non-operating expenses 1,744,031.83 2,811,486.59 -37.97% (5) Minority interests 17,156,577.15 25,605,097.77 -33.00% (6) Explanation on the main reasons leading to the changes:(1) Business taxes and surcharges increased by 351.43% as compared to the correspondingperiod of the prior year mainly due to the payment of the urban maintenance and construction tax and education surcharges by foreign-invested enterprises beginning from December 2010 in accordance with the requirements of the tax law.(2) Loss on impairment of assets decreased by 143.66% as compared to the correspondingperiod of the prior year mainly due to the decrease in loss on impairment of assets during the current period resulting from the change in aging of other receivables.(3) Investment income decreased by 310.3% as compared to the corresponding period of theprior year mainly due to the increase in loss incurred by the associates during the current period.(4) Non-operating income increased by 105.32% as compared to the corresponding period ofthe prior year mainly due to receipt of more government grants during the current period by the Company.(5) Non-operating expenses decreased by 37.97% as compared to the corresponding period ofthe prior year mainly due to the decrease in the donation expenses of the Company during the current period.(6) Minority interests decreased by 33% as compared to the corresponding period of the prioryear mainly due to the decrease in the net profit realised by non wholly-owned subsidiaries of the Company as compared to the corresponding period of the prior year.3. Cash flows during the reporting periodItem Amounts for thecurrent periodAmounts for theprior periodChange(%)Net cash flows from operating activities 235,068,880.84 656,022,760.24 -64.17% Net cash flows from investing activities -1,627,140,470.50 -519,414,420.50 -213.26% Net cash flows from financing activities 797,845,888.32 665,825,205.59 19.83%Explanation on the main reasons leading to the changes:(1) Net cash flows from operating activities decreased by 64.17% as compared to thecorresponding period of the prior year mainly due to the increase in cash purchase payment resulting from the rise in raw material price.(2) Net cash flows from investment activities decreased by 213.26% as compared to thecorresponding period of the prior year mainly due to the increased investments in the copperplate paper project of production capacity of 800,000 tonnes and the high-end white coated linerboard project of production capacity of 600,000 tonnes of Shouguang Meilun Paper Co., Ltd., a wholly-owned subsidiary of the Company, the Zhanjiang pulp project and the high-end culture paper project during the reporting period.(3) Net cash flows from financing activities increased by 19.83% as compared to thecorresponding period of the prior year mainly due to the increase in bank borrowings resulting from the factors such as more project investments made by the Company.3.2 The progress of significant events and analysis of their impact and solutions3.2.1 Non-standard opinionApplicable √ Not Applicable3.2.2 Provision of capital to the controlling shareholder or its related parties or provision of guarantee in favour of any external party in violation of the prescribed procedures by the CompanyApplicable √ Not Applicable3.2.3 Execution of material contracts in the ordinary course of business and their performanceApplicable √ Not Applicable3.2.4 Others√Applicable Not Applicable山東菏澤晨鳴板材有限公司(hereinafter referred to as “Heze Panels”) ceased its production since June 2008. As at the end of March 2011, its net assets were RMB-26,811,762.87 and Shandong Chenming Power Supply Holdings Co., Ltd., a controlling subsidiary of the Company, held its 67% equity interest in aggregate. As at the end of March 2011, the net assets of Shandong Lin Dun Wood Industry Co., Ltd. (hereinafter referred to as “Lin Dun Wood”) amounted to RMB21,724,371.93. and Shandong Chenming Panels Co., Ltd., a controlling subsidiary of the Company, held its 67% equity interest. The Company disposed of and transfered its entire equity interest of Heze Panels and Lin Dun Wood to adjust its strategic positioning, make its assets active and reduce the funds occupied.After the transfer of the equity interests, the Company will not hold the equity interests of Heze Panels and Lin Dun Wood.Qihe Chenming Panels Co., Ltd. (hereinafter referred to as “Qihe Panels”) ceased its production since June 2008. Shandong Chenming Paper Group Qihe Paperboard Co., Ltd. and Shandong Chenming Panels Co., Ltd., the controlling subsidiaries of the Company, held its 100% equity interest in aggregate. Taking the local supplies of raw materials and the market factor into consideration, the management of the Company had no intention to commence production again. To make the Company’s assets active, the Company transfered the physical assets such as the land, plants, equipment, inventories and raw materials of Qihe Panels at a total consideration to be determined based on their valuation.The above transfer of equity interests and assets will have no substantial effect on the profit of the Company for the second quarter.3.3 Performance of undertakings by the Company, shareholders and beneficialcontrollersThe following undertakings by the Company, its directors, supervisors and senior management, shareholders interested in 5% or more of the shares of the Company and its beneficial controllers in the reporting period or subsisting to the reporting periodApplicable √ Not Applicable3.4 Warning of cumulative net profit for the period between the beginning of the year toend of next reporting period being projected to be losses or expected material change as compared to the same period last year and its explanationApplicable √ Not Applicable3.5 Other significant events that require explanation3.5.1 Securities investmentApplicable √ Not Applicable3.5.2 Reception of research investigations, communications and interviews during thereporting periodDate of reception Place of reception Manner ofreception PartiesaccommodatedMain topics ofdiscussion andinformationprovided7 January 2011 Zhanjiang,Guangdong On-site researchinvestigationInstitutionalanalysts such as朱嘉of QiluSecurities andothersRecentproduction andoperation of theCompany12 January 2011 Shouguang,Shandong On-site researchinvestigationGuan Xue ofChinaInternationalCapitalCorporationSecurities Limitedand othersRecentproduction andoperation of theCompany17 February 2011 Shouguang,Shandong On-site researchinvestigationWan Youlin ofSinolinkSecurities, 梁裕寧of E FundManagement Co.,Ltd.Recentproduction andoperation of theCompany24 February 2011 Shouguang,Shandong On-site researchinvestigation曾晶晶of ChinaPost Fund andothersRecentproduction andoperation of theCompany3.6 Investment in derivativesApplicable √ Not Applicable3.6.1 Positions in investment in derivatives as at the end of the reporting periodApplicable √ Not Applicable§4 Appendices4.1 Balance sheetPrepared by: Shandong Chenming Paper Holdings Limited31 March 2011Unit: RMBClosing balance (31 March 2011)Opening balance (31 December 2010)ItemConsolidated Parent company Consolidated Parent company CURRENT ASSETS:Monetary funds 1,725,248,537.25 333,296,115.01 1,951,854,940.72 704,109,173.25 Balances with clearing companies — — — — Loans to banks and otherfinancial institutions— — — —Held-for-trading financial assets — — — — Bills receivable 2,740,242,779.05 2,184,880,736.31 2,762,389,909.89 1,527,349,378.06 Accounts receivable 2,316,959,918.10 846,361,775.32 2,122,578,824.27 1,621,939,553.18 Prepayments 791,278,480.06 837,183,828.07 924,354,545.55 919,638,465.71 Premium receivable — — — — Receivables from reinsurers — — — — Reinsurance contract reservesreceivable— — — — Interest receivable — — — — Dividend receivable — 25,500,000.00 — 25,500,000.00 Other receivables 246,062,181.96 5,400,656,828.49 117,634,380.52 4,773,074,610.91 Financial assets purchased underagreements to resell— — — — Inventory 3,696,124,544.38 1,197,647,572.79 3,047,078,215.01 798,447,611.57 Entrusted loans due within oneyear— 1,778,721,279.90 — 1,799,625,759.18Non-current assets due within oneyear— — — — Other current assets 1,058,727,036.59 69,134,655.76 658,572,125.34 — Total current assets 12,574,643,477.39 12,673,382,791.65 11,584,462,941.30 12,169,684,551.86 NON-CURRENT ASSETS: — — — — Entrusted loans — 500,000,000.00 — 500,000,000.00 Entrusted loans and advances to — — — —Closing balance (31 March 2011)Opening balance (31 December 2010)ItemConsolidated Parent company Consolidated Parent company customersAvailable-for-sale financial assets — — — — Held-to-maturity investments — — — — Long-term receivables — — — — Long-term equity investments 60,339,400.36 6,270,887,163.24 67,201,931.89 5,957,887,739.77 Investment properties 24,253,648.06 24,253,648.06 24,688,212.07 24,688,212.07 Fixed assets 13,025,731,696.95 5,020,030,181.82 12,882,358,381.56 5,162,505,904.23 Construction in progress 9,102,562,587.01 653,388,626.67 7,871,512,563.84 377,881,973.00 Construction materials 177,454,089.59 19,465,631.16 116,481,086.12 18,789,838.50 Disposal of fixed assets — — — — Consumable biological assets 766,393,607.75 — 726,742,568.44 — Productive biological assets — — — — Oil and gas assets — — — — Intangible assets 1,450,863,516.75 327,709,802.12 1,459,453,227.94 329,934,823.01 Development expenditure — — — — Goodwill 20,283,787.17 — 20,283,787.17 — Long-term prepaid expenses 183,342,344.07 — 176,436,950.42 — Deferred income tax assets 143,958,541.60 51,040,517.87 147,510,479.23 60,305,230.74 Other non-current assets — — — — Total non-current assets 24,955,183,219.31 12,866,775,570.94 23,492,669,188.68 12,431,993,721.32 TOTAL ASSETS 37,529,826,696.70 25,540,158,362.59 35,077,132,129.98 24,601,678,273.18 CURRENT LIABILITIES: — — — — Short-term borrowings 5,672,758,395.26 3,493,608,693.46 3,594,157,220.47 2,177,183,475.78 Borrowings from the central bank — — — — Customer bank deposits and due tobanks and other financial institutions— — — —Placements from banks and otherfinancial institutions— — — — Held-for-trading financial liabilities — — — — Bills payable 825,896,324.21 754,358,152.02 218,757,186.75 124,145,654.66 Accounts payable 3,086,828,667.59 1,207,369,581.80 2,708,064,676.44 995,425,830.59 Advance receipts 249,637,309.10 405,829,282.02 410,243,554.75 284,808,123.90 Assets sold under agreements torepurchase— — — — Handling charges and commission — — — —(31 March 2011) (31 December 2010)ItemConsolidated Parent company Consolidated Parent company payableStaff remuneration payables 126,963,448.67 81,780,642.21 169,426,660.41 106,040,498.15 Taxes payable 144,498,001.36 42,255,976.71 134,029,387.82 36,899,207.08 Interest payable — — — — Dividend payable — — — — Other payables 691,902,636.25 240,541,540.33 582,052,511.43 248,170,250.32 Due to reinsurers — — — — Insurance contract reserves — — — — Customer brokerage deposits — — — —— — — — Securities underwriting brokeragedeposits1,423,492,513.15 1,352,332,000.00 1,432,841,463.15 1,360,951,000.00 Non-current liabilities due withinone yearOther current liabilities 1,863,877,946.13 1,857,190,621.32 3,412,493,915.88 3,405,958,538.39 Total current liabilities 14,085,855,241.72 9,435,266,489.87 12,662,066,577.10 8,739,582,578.87 NON-CURRENT LIABILITIES: — — — — Long-term borrowings 5,504,960,119.03 882,286,435.94 4,725,628,719.05 852,222,735.94 Bonds payable — — — — Long-term payables — — — — Special accounts payable — — — — Estimated liabilities — — — — Deferred income tax liabilities 1,340,281.66 — 1,340,281.66 — Other non-current liabilities 2,429,933,765.42 2,310,396,335.33 2,427,897,545.67 2,309,355,287.42 Total non-current liabilities 7,936,234,166.11 3,192,682,771.27 7,154,866,546.38 3,161,578,023.36 TOTAL LIABILITIES 22,022,089,407.83 12,627,949,261.14 19,816,933,123.48 11,901,160,602.23— — — — OWNERS’ EQUITY(ORSHAREHOLDERS’ EQUITY):Paid-up capital(or share capital) 2,062,045,941.00 2,062,045,941.00 2,062,045,941.00 2,062,045,941.00 Capital reserves 6,093,493,004.71 6,184,215,988.77 6,093,493,004.71 6,184,215,988.77 Less: Treasury shares — — — — Special reserves — — — — Surplus reserves 1,046,510,680.99 1,034,321,099.08 1,046,510,680.99 1,034,321,099.08 General risk provisions — — — — Retained profit 4,569,142,213.82 3,631,626,072.60 4,333,731,947.96 3,419,934,642.10 Foreign currency translation -124,340.77 — 4,219.88 —(31 March 2011) (31 December 2010)ItemConsolidated Parent company Consolidated Parent company differencesTotal equity attributable to equityholders of the company13,771,067,499.75 12,912,209,101.45 13,535,785,794.54 12,700,517,670.95 Minority interests 1,736,669,789.12 — 1,724,413,211.96 — Total owners’ equity 15,507,737,288.87 12,912,209,101.45 15,260,199,006.50 12,700,517,670.95 TOTAL LIABILITIES ANDOWNERS’ EQUITY37,529,826,696.70 25,540,158,362.59 35,077,132,129.98 24,601,678,273.184.2 Income statementPrepared by: Shandong Chenming Paper Holdings LimitedJanuary to March 2011 Unit: RMBAmounts for the current period (January — March 2011) Amounts for the prior period (January — March 2010)ItemConsolidated Parent company Consolidated Parent company I.Total operating revenue 4,215,779,027.36 1,921,785,753.13 3,917,441,890.00 3,312,237,226.65 Including: Operating revenue 4,215,779,027.36 1,921,785,753.13 3,917,441,890.00 3,312,237,226.65 Interest income — — — — Earned premium — — — — Handling charges andcommission income — — — — II.Total operating costs 3,981,119,166.27 1,759,509,526.62 3,635,503,132.43 3,078,618,711.94 Including: Operating costs 3,463,359,628.05 1,555,807,983.71 3,141,673,026.32 2,810,911,841.68 Interest expenses — — — — Handling charges andcommission expenses — — — — Surrenders — — — — Net claims paid — — — — Net change in insurancecontract reserves — — — — Policyholder dividendexpenses — — — — Expenses for reinsuranceaccepted — — — — Business taxes and surcharges 17,610,362.77 9,678,625.14 3,901,057.41 49,940.69 Selling and distribution 202,836,197.85 61,919,884.39 206,922,027.74 101,865,373.94(January — March 2011) (January — March 2010) ItemConsolidated Parent company Consolidated Parent company expensesGeneral and administrativeexpenses 235,479,987.23 100,687,131.82 201,176,256.05 96,726,207.06 Finance expenses 68,850,480.24 56,580,268.93 65,756,282.98 52,772,422.66 Loss on impairment ofassets -7,017,489.87 -25,164,367.37 16,074,481.93 16,292,925.91 Add: Gain on change in fairvalue (“-” denotes loss) — — — — Investment income (“-”denotes loss) -6,862,531.53 23,065,936.06 -1,672,580.37 24,480,569.13 Including: Investment incomefrom associates and jointventures -6,862,531.53 -6,862,531.53 -1,672,580.37 -1,672,580.37 Foreign exchange gains (“-”denotes loss) — — — — III.Operating profit (“-”denotes loss) 227,797,329.56 185,342,162.57 280,266,177.20 258,099,083.84 Add: Non-operating income 93,693,686.12 67,364,389.08 45,633,132.91 31,679,777.35 Less: Non-operatingexpenses 1,744,031.83 1,069,164.50 2,811,486.59 2,172,470.78 Including: Loss on disposal ofnon-current assets — — — — IV.Total profit (“-” denotestotal loss) 319,746,983.85 251,637,387.15 323,087,823.52 287,606,390.41 Less: Income tax expenses 67,180,140.84 39,945,956.65 59,383,482.51 45,018,898.63 V. Net profit (“-” denotes netloss) 252,566,843.01 211,691,430.50 263,704,341.01 242,587,491.78 Net profit attributable toowners of the Company 235,410,265.86 211,691,430.50 238,099,243.24 242,587,491.78 Minority interests 17,156,577.15 — 25,605,097.77 — VI.Earnings per share: — — — — (I)Basic earnings per share 0.11 0.10 0.12 0.12 (II)Diluted earnings per share N/A N/A N/A N/A VII.Other comprehensiveincome -128,560.65 — -2,767.08 — VIII.Total comprehensiveincome 252,438,282.36 211,691,430.50 263,701,573.93 242,587,491.78 Total comprehensive income 235,281,705.21 211,691,430.50 238,096,476.16 242,587,491.78(January — March 2011) (January — March 2010) ItemConsolidated Parent company Consolidated Parent company attributable to owners of theCompanyTotal comprehensive incomeattributable to minorityinterests 17,156,577.15 — 25,605,097.77 —For the business combination under common control for the current period, the acquiree realised net profit of RMB nil before the combination.4.3 Cash flow statementPrepared by: Shandong Chenming Paper Holdings LimitedJanuary to March 2011 Unit: RMBAmounts for the current period (January — March 2011) Amounts for the prior period (January — March 2010)ItemConsolidated Parent company Consolidated Parent company I.Cash flows from operating activities: — — — — Cash received from sales of goods andrendering of services4,373,729,942.37 1,797,302,681.18 4,004,494,020.37 2,479,208,090.97Net increase in customer bankdeposits and due to banks and otherfinancial institutions— — — —Net increase in borrowings from thecentral bank— — — —Net increase in placements from otherfinancial institutions— — — —Cash received from premiums underoriginal insurance contracts— — — —Net cash received from reinsurancebusiness— — — —Net increase in deposits frompolicyholders— — — —Net increase from disposal ofheld-for-trading financial assets— — — —Cash received from interest, handlingcharges and commissions— — — —Net increase in placements frombanks and other financial institutions— — — —(January — March 2011) (January — March 2010) ItemConsolidated Parent company Consolidated Parent company Net capital increase of repurchase— — — — businessTax rebates received 9,072,328.56 — 9,378,100.97 —209,741,362.82 77,243,590.61 44,161,584.31 39,069,098.18 Cash received relating to otheroperating activities4,592,543,633.75 1,874,546,271.79 4,058,033,705.65 2,518,277,189.15 Subtotal of cash inflows fromoperating activitiesCash paid for goods and services 3,592,629,084.34 1,175,552,333.83 2,688,505,769.18 1,750,017,341.55 Net increase in loans and advances to— — — — customers— — — — Net increase in deposits with thecentral bank and other financialinstitutions— — — — Cash paid for claims under originalinsurance contractsCash paid for interest, handling— — — — charges and commissionCash paid for policyholder dividend — — — — Cash paid to and for employees 207,060,248.25 59,273,939.28 158,130,451.51 55,098,679.25 Payments of taxes and surcharges 461,128,266.94 195,314,473.88 376,042,339.97 263,901,407.4996,657,153.38 182,600,639.67 179,332,384.75 461,700,609.60 Cash paid relating to other operatingactivities4,357,474,752.91 1,612,741,386.66 3,402,010,945.41 2,530,718,037.89 Subtotal of cash outflows fromoperating activities235,068,880.84 261,804,885.13 656,022,760.24 -12,440,848.74 Net cash flows from operatingactivities— — — — II.Cash flows from investingactivities:Cash received from investments — 20,904,479.28 — 126,000,000.00— 122,480,481.09 — 26,153,149.50 Cash received from investmentincome953,872.96 — 52,207.60 4,629.80 Net cash received from disposal offixed assets, intangible assets andother long-term assets— — — — Net cash received from disposal ofsubsidiaries and other business units3,016,038.73 — 4,000,000.00 — Cash received relating to otherinvesting activities。
杭汽轮B:关于公司2010年度非经营性资金占用及其他关联资金往来情况的专项审计说明 2011-03-28
证券代码:200771 证券简称:杭汽轮B 公告编号:2011-09
关于杭州汽轮机股份有限公司
2010年度非经营性资金占用及其他关联资金往来情况的
专项审计说明
天健〔2011〕151号
中国证券监督管理委员会:
我们接受委托,对杭州汽轮机股份有限公司(以下简称杭汽轮公司)2010年度非经营性资金占用及其他关联资金往来情况进行专项审计。
真实、完整地提供所有相关资料是杭汽轮公司的责任,我们的责任是对杭汽轮公司非经营性资金占用及其他关联资金往来情况发表专项意见。
我们的审计是根据《中国注册会计师执业准则》进行的。
在审计过程中,我们结合杭汽轮公司的实际情况,实施了包括抽查会计记录等我们认为必要的审计程序。
根据中国证券监督管理委员会和国务院国有资产监督管理委员会印发的《关于规范上市公司与关联方资金往来及上市公司对外担保若干问题的通知》(证监发〔2003〕56号)的要求,现将我们在审计过程中注意到的杭汽轮公司2010年度非经营性资金占用及其他关联资金往来情况以附表的形式作出说明。
附表:杭州汽轮机股份有限公司2010年度非经营性资金占用及其他关联资金往来情况汇总表
天健会计师事务所有限公司中国注册会计师赵海荣
中国·杭州中国注册会计师张奇志
报告日期:2011年3月24日
1
杭州汽轮机股份有限公司2010年度控股股东及其他关联方资金占用情况汇总表
单位:人民币万元
天健会计师事务所有限公司中国注册会计师:赵海荣
中国注册会计师:张奇志
2。
贝因美:2011年第一季度报告全文 2011-04-28
浙江贝因美科工贸股份有限公司2011年第一季度季度报告全文§1 重要提示1.1 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
1.2 公司第一季度财务报告未经会计师事务所审计。
1.3 公司负责人谢宏、主管会计工作负责人周凯及会计机构负责人(会计主管人员)廖银菊声明:保证季度报告中财务报告的真实、完整。
§2 公司基本情况2.1 主要会计数据及财务指标单位:元非经常性损益项目√适用□不适用单位:元2.2 报告期末股东总人数及前十名无限售条件股东持股情况表单位:股§3 重要事项3.1 公司主要会计报表项目、财务指标大幅度变动的情况及原因√适用□不适用3.2 重大事项进展情况及其影响和解决方案的分析说明3.2.1 非标意见情况□适用√不适用3.2.2 公司存在向控股股东或其关联方提供资金、违反规定程序对外提供担保的情况□适用√不适用3.2.3 日常经营重大合同的签署和履行情况□适用√不适用3.2.4 其他□适用√不适用3.3 公司、股东及实际控制人承诺事项履行情况上市公司及其董事、监事和高级管理人员、公司持股5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的以下承诺事项√适用□不适用3.4 对2011年1-6月经营业绩的预计3.5 其他需说明的重大事项3.5.1 证券投资情况□适用√不适用§4 附录4.1 资产负债表编制单位:浙江贝因美科工贸股份有限公司2011年03月31日单位:元4.2 利润表编制单位:浙江贝因美科工贸股份有限公司2011年1-3月单位:元本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:0.00元。
4.3 现金流量表编制单位:浙江贝因美科工贸股份有限公司2011年1-3月单位:元4.4 审计报告审计意见:未经审计浙江贝因美科工贸股份有限公司法定代表人:谢宏2011年4月27日。
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Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2011-16Hangzhou Steam Turbine Co., Ltd.The 1st Quarterly Report 2011 (Full Text)§1 Important Declaration1.1 The Board of Directors and the directors of the Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of the Report.1.2 The financial statements carried in this report are not audited.1.3 Chairman Mr. Nie Zhonghai, General Manager Mr. Yan Jianhuan, Chief Financial Officer Mr. Bai Ronghua, and the Chief of Accounting Department Mr. Wu Guomei hereby declares: the Financial Statement in the report is guaranteed to be truthful and complete.§2 Company Profile2.1 Financial highlightsIn RMB YuanEnded this reportterm Ended previous yearChanged by(%)Gross Assets (RMB) 6,526,046,392.226,092,332,507.21 7.12% Owners’ equity attributable to the shareholders of the listed company(yuan)2,981,336,493.092,868,211,238.68 3.94% Capital shares (shares) 483,340,000.00483,340,000.00 0.00% Net asset per share attributable to the shareholders of the listed company(Yuan/share)6.17 5.93 4.05%This report term Same period lastyearChanged by(%)Turnover (yuan) 817,202,291.68709,878,971.12 15.12% Net profit attributable to shareholders of the listed company (yuan) 113,125,254.4195,383,524.58 18.60% Net Cash flow generated by business operation (RMB) 201,026,464.70187,637,137.31 7.14% Net Cash flow per share generated by business operation (yuan/share)0.420.50 -16.00% Basic earnings per share (Yuan/share) 0.230.20 15.00%Diluted earnings per share (Yuan/share) 0.230.20 15.00% Weighted average netincome/asset ratio (%)3.87%4.00% -0.13%Weighted average netincome/asset ratio less non-recurring gain/loss(%)3.89%4.04% -0.15%Non-recurring gain and loss items√ applicable □ not applicableIn RMB YuanNon-recurring gain and loss items Amount Note (if applicable)Gain/loss of non-current assets -90,988.17Other non-business income and expenditures other than the above -1,233,150.81Influenced amount of minority shareholders’ equity 328,478.01Influenced amount of income tax 218,417.62Total -777,243.35- 2.2 Total of shareholders and top-10 holders of current sharesin sharesTotal shareholders at the end of the report period (accounts) 15,402Top Ten Shareholders of Negotiable SharesFull name of shareholder Negotiable shares held at the endof report termCategoriesSCHRODER INTL SELECTION FD-GREATER CN FD GTI 25287 6,625,416Foreign shares placed indomestic exchangeDREYFUS PREMIER INVESTMENT FDS INC.-DREYFUS GREATER CHINA FD 5,295,488Foreign shares placed indomestic exchangeNORGES BANK 3,494,939Foreign shares placed in domestic exchangeBIAL/HSBC GLOBAL INVESTMENT FUNDS CHINESE EQUITY 3,081,600Foreign shares placed indomestic exchangeGAOLING FUND,L.P. 2,553,141Foreign shares placed in domestic exchangeHTHK/BTDL-ASIAN MARKET LEADERS FUND 2,460,351Foreign shares placed in domestic exchangeBOCHK INVESTMENT FUNDS-BOCHK CHINA GOLDEN DRAGON FUND 1,659,836Foreign shares placed indomestic exchangeTOYO SECURITIES ASIA LIMITED-A/C CLIENT. 1,495,013Foreign shares placed in domestic exchangeASIA PACIFIC PERFORMANCE 1,382,941Foreign shares placed in domestic exchangeAUSTRALIANSUPER PTY LTD 1,351,488Foreign shares placed in domestic exchange§3 Significant Events3.1 Details and causations of major change in major accounting subjects and financial indices□applicable √ not applicable3.2 Progress of significant events, their influence, countermeasures, and analysis3.2.1 None-standard opinions□applicable √ not applicable3.2.2 Illegal providing of capital or guarantees to the holding shareholder or its related parties or external parties□applicable √ not applicable3.2.3 Signing and execution of major business contracts□applicable √ not applicable3.2.4 Misc.□applicable √ not applicable3.3 Fulfilling of commitment issues made by the Company, shareholder, or substantial controller Commitment made by the PLC, its directors, supervisors, executives, and shareholders with 5% or over shares of the Company, andits substantial dominator in the report term or carried over to the report term:□applicable √ not applicable3.4 Estimated accumulative profit from the year beginning to the end of the next report period may be of deficits; or in comparison with the same period of the previous year, give the warning of great change and the notice to the reasons.□applicable √ not applicable3.5 Major events needs to be explained3.5.1 Investment in securities□applicable √ not applicable3.5.2 Reception of investigations, communications, or interviewsTime/date Place Way Visitors Main content involved and material providedMarch 16, 2011 TheCompanyField researchKGI SecuritiesTaiwanReason of growth decreasing, possibility of issuing H shares, overseasmarketing pattern, way out of B shares, Bank of HangzhouMarch 16, 2011 TheCompanyField researchShenzhen RedchipInvestmentSituation of sales, impact of suspending of approving nuclear powerplants, business operation of 2011, products other than steam turbine,residue thermal power plantMarch 17, 2011 TheCompanyTelephonecommunicationIndividualshareholderImpact of suspending of approving nuclear power plants, businessoperation of 20113.6 Investment in derivate financial instruments□applicable √ not applicable3.6.1 Derivate financial instrument stock at end of report term □applicable √ not applicable§4 Attachments4.1 Balance SheetPrepared by: Hangzhou Steam Turbine Co., Ltd. March 31, 2011 in RMB YuanBalance at the end of term Balance at the beginning of year ItemsConsolidated Parent company Consolidated Parent company Current asset:Monetary capital 846,232,679.45437,727,431.98657,077,394.71 332,065,321.54 Settlement provisionOutgoing call loanTransactional financial assetsNotes receivable 538,662,774.54321,096,463.77713,585,305.36 408,512,097.53 Account receivable 1,689,646,779.931,292,138,640.571,652,523,887.28 1,307,706,761.68 Prepayment 270,047,596.8274,126,645.37184,464,135.00 56,088,295.98 Insurance receivableReinsurance receivableProvisions of Reinsurance contracts receivableInterest receivableDividend receivable 1,000,000.006,772,893.75Other account receivable 35,192,992.7936,614,432.3534,149,117.95 28,169,088.97 Repurchasing of financial assetsInventories 1,472,079,973.531,171,121,583.241,168,959,067.36 874,068,780.24 Non-current asset due in 1 yearOther current asset 215,146.3388,598.00Total of current asset 4,853,077,943.393,339,598,091.034,410,847,505.66 3,006,610,345.94 Non-current assetsDisburse of consigned loansfinancialassetAvailable-for-saleExpired investment in possessLong-term receivableLong-term share equity investment 407,088,813.22476,782,461.07402,586,451.62 472,280,099.47 Investment propertiesFixed assets 810,001,813.87307,478,541.89828,320,012.24 319,991,452.64 Construction in process 101,446,228.0190,820,208.3598,530,579.18 88,939,313.18 Engineering goods 1,234,990.52Fixed asset disposalProduction physical assetsGas & petrolIntangible assets 281,957,384.4246,724,159.17284,700,647.27 46,724,159.17 R&D expenseGoodwillLong-term amortizable expenses 8,620,544.535,410,037.185,941,526.80 5,410,037.18 Differed income tax asset 62,618,674.2644,447,914.8861,405,784.44 44,447,914.88 Other non-current assetTotal of non-current assets 1,672,968,448.83971,663,322.541,681,485,001.55 977,792,976.52 Total of assets 6,526,046,392.224,311,261,413.576,092,332,507.21 3,984,403,322.46Current liabilitiesShort-term loans 326,000,000.00226,000,000.00Loan from Central BankDeposit received and hold for othersCall loan receivedTrade off financial liabilitiesNotes payable 127,218,623.0095,643,623.00Account payable 723,717,228.71454,539,535.91522,983,194.67 261,017,904.69Prepayment received 1,562,192,146.141,062,293,790.971,493,982,772.62 1,063,643,628.13 Selling of repurchased financial assetsFees and commissions receivableEmployees’ wage payable 22,240,946.9013,351,370.2129,174,456.31 14,868,240.62Tax payable 89,754,627.8552,835,479.86105,407,867.17 60,985,858.19Interest payable 287,993.75Dividend payable 8,339,024.89Other account payable 67,825,052.8230,647,292.5380,286,888.60 28,469,915.93Reinsurance fee payableInsurance contract provisionEntrusted trading of securitiesEntrusted selling of securities100,000,000.00 Non-current liability due in 1 year 57,000,000.00157,000,000.00 Other current liabilityTotal of current liability 2,984,287,650.311,613,667,469.482,710,766,796.12 1,528,985,547.56 Non-current liabilitiesLong-term borrowings 148,000,000.00100,000,000.0073,463,800.00 50,463,800.00Bond payableLong-term payable 330,000.00330,000.00Special payable 708,700.00Expectable liabilitiesDiffered income tax liability 1,222,974.801,222,974.801,222,974.80 1,222,974.80Other non-recurring liabilities 18,748,640.005,086,950.005,047,140.00 1,359,250.00 Total of non-current liabilities 169,010,314.80106,309,924.8080,063,914.80 53,046,024.80 Total of liability 3,153,297,965.111,719,977,394.282,790,830,710.92 1,582,031,572.36 Owners’ equity (or shareholders’ equity)Capital paid in (or share capital) 483,340,000.00483,340,000.00483,340,000.00 483,340,000.00Capital reserves 139,590,345.09138,953,250.09139,590,345.09 138,953,250.09 Less: Shares in stockSpecial reservesSurplus reserves 389,362,161.03370,605,755.90389,362,161.03 370,605,755.90Common risk provisionRetained profit 1,969,043,986.971,598,385,013.301,855,918,732.56 1,409,472,744.11Different of foreign currency translationTotal of owner’s equity belong to the parent company2,981,336,493.092,591,284,019.292,868,211,238.68 2,402,371,750.10 Minor shareholders’ equity 391,411,934.02433,290,557.61Total of owners’ equity 3,372,748,427.112,591,284,019.293,301,501,796.29 2,402,371,750.10 Total of liabilities and owners’ equity 6,526,046,392.224,311,261,413.576,092,332,507.21 3,984,403,322.46Prepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Mar 2011 in RMB YuanAmount of the Current Term Amount of the Previous TermItemsConsolidatedParentcompanyConsolidatedParentcompanyI. Total revenue 817,202,291.68470,152,181.58709,878,971.12 548,240,687.52 Incl. Business income 817,202,291.68470,152,181.58709,878,971.12 548,240,687.52 Interest incomeInsurance fee earnedFee and commission receivedII. Total business cost 642,124,463.09387,563,288.73572,913,622.02 476,470,948.81 Incl. Business cost 486,993,931.11289,704,144.71438,375,203.33 385,058,189.93 Interest expenseFee and commission paidInsurance discharge paymentNet claim amount paidNet insurance policy reserves providedInsurance policy dividend paidReinsurance expensesBusiness tax and surcharge 5,597,503.852,588,136.121,918,650.87 861,172.58 Sales expense 32,844,801.9318,339,572.2931,037,615.06 20,744,345.18 Administrative expense 99,409,094.5564,815,446.7385,588,983.18 59,182,063.42 Financial expenses 5,442,969.871,000,523.134,520,863.98 2,494,960.97 Asset impairment loss 11,836,161.7811,115,465.7511,472,305.60 8,130,216.73 Plus: Gains from change of fair value (“-“ for loss)Investment gain (“-“ for loss) 1,000,000.00119,112,923.751,000,000.00 71,698,725.00 Incl. Investment gains from affiliatesGains from currency exchange (“-“ for loss)III. Operational profit (“-“ for loss) 176,077,828.59201,701,816.60137,965,349.10 143,468,463.71 Plus: Non business income 68,740.2448,740.24194,980.00 3,000.00 Less: Non-business expenses 1,392,879.22520,756.101,531,984.78 558,240.69 Incl. Loss from disposal of non-current assetsIV. Gross profit (“-“ for loss) 174,753,689.61201,229,800.74136,628,344.32 142,913,223.02 Less: Income tax expenses 28,508,063.9012,317,531.5521,691,352.48 10,682,174.71 V. Net profit (“-“for net loss) 146,245,625.71188,912,269.19114,936,991.84 132,231,048.31 Net profit attributable to the owners of parent company 113,125,254.41188,912,269.1995,383,524.58 132,231,048.31 Minor shareholders’ equity 33,120,371.3019,553,467.26VI. Earnings per share:(I) Basic earnings per share 0.230.390.20 0.27 (II) Diluted earnings per share 0.230.390.20 0.27 VII. Other misc. incomesVIII. Total of misc. incomes 146,245,625.71188,912,269.19114,936,991.84 132,231,048.31 Total of misc. incomes attributable to the owners of theparent company113,125,254.41188,912,269.1995,383,524.58 132,231,048.31 Total misc gains attributable to the minor shareholders 33,120,371.3019,553,467.26Merger of entities under common control, the net profit realized by the merged party was RMB0.00.Prepared by: Hangzhou Steam Turbine Co., Ltd. Jan - Mar 2011 in RMB YuanAmount of the Current Term Amount of the Previous TermItemsConsolidatedParentcompanyConsolidatedParentcompanyI. Net cash flow from business operationCash received from sales of products and providing ofservices937,189,376.22519,432,482.38875,308,023.89 608,922,723.65 Net increase of customer deposits and capital kept forbrother companyNet increase of loans from central bankNet increase of inter-bank loans from other financial bodiesCash received against original insurance contractNet cash received from reinsurance businessNet increase of client deposit and investmentNet increase of trade financial asset disposalCash received as interest, processing fee, and commissionNet increase of inter-bank fund receivedNet increase of repurchasing businessTax returned 10,953,378.83Other cash received from business operation 101,389,929.704,692,924.3614,180,662.40 4,464,148.75Sub-total of cash inflow from business activities 1,049,532,684.75524,125,406.74889,488,686.29 613,386,872.40 Cash paid for purchasing of merchandise and services 448,207,055.57293,644,406.24384,407,097.46 270,543,733.96Net increase of client trade and advanceNet increase of savings in central bank and brothercompanyCash paid for original contract claimCash paid for interest, processing fee and commissionCash paid for policy dividendCash paid to staffs or paid for staffs 146,445,849.44111,559,716.50116,056,227.39 93,676,294.38Taxes paid 107,971,545.4244,742,710.13105,146,312.68 70,987,668.45Other cash paid for business activities 145,881,769.6214,713,249.9896,241,911.45 13,720,995.38Sub-total of cash outflow from business activities 848,506,220.05464,660,082.85701,851,548.98 448,928,692.17Cash flow generated by business operation, net 201,026,464.7059,465,323.89187,637,137.31 164,458,180.23II. Cash flow generated by investingCash received from investment retrievingCash received as investment gains 112,340,030.0071,698,725.00Net cash retrieved from disposal of fixed assets, intangibleassets, and other long-term assets186,000.00101,000.00Net cash received from disposal of subsidiaries or otheroperational unitsOther investment-related cash received 90,868.96Sub-total of cash inflow due to investment activities 186,000.00112,441,030.0090,868.96 71,698,725.00Cash paid for construction of fixed assets, intangible assetsand other long-term assets22,370,290.5410,499,592.9767,019,024.68 22,509,090.75Cash paid as investment 4,502,361.604,502,361.60700,000.00 Net increase of loan against pledgeNet cash received from subsidiaries and other operationalunitsOther cash paid for investment activitiesSub-total of cash outflow due to investment activities 26,872,652.1415,001,954.5767,719,024.68 22,509,090.75Net cash flow generated by investment -26,686,652.1497,439,075.43-67,628,155.72 49,189,634.25III. Cash flow generated by financingCash received as investmentIncl. Cash received as investment from minor shareholdersCash received as loans 335,000,000.00100,000,000.00160,000,000.00 Cash received from bond placingOther financing-related cash receivedSubtotal of cash inflow from financing activities 335,000,000.00100,000,000.00160,000,000.00Cash to repay debts 260,463,800.00150,463,800.0035,000,000.00Cash paid as dividend, profit, or interests 59,541,315.67622,810.1033,498,933.02 2,086,548.68Incl. Dividend and profit paid by subsidiaries to minorshareholdersOther cash paid for financing activitiesSubtotal of cash outflow due to financing activities 320,005,115.67151,086,610.1068,498,933.02 2,086,548.68Net cash flow generated by financing 14,994,884.33-51,086,610.1091,501,066.98 -2,086,548.68IV. Influence of exchange rate alternation on cash and cash-179,412.15-155,678.78-155,568.26 -155,555.83equivalentsV. Net increase of cash and cash equivalents 189,155,284.74105,662,110.44211,354,480.31 211,405,709.97Plus: Balance of cash and cash equivalents at the beginning657,077,394.71332,065,321.54486,439,602.82 100,717,329.17of termVI. Balance of cash and cash equivalents at the end of term 846,232,679.45437,727,431.98697,794,083.13 312,123,039.144.4 Auditors’ ReportAuditor’s opinion: not audited.§5 Other Information to be Reported5.1 Statement of non-operational capital adoption by the major shareholder and its subsidiaries□applicable √ not applicable5.2 Illegal external guarantees□applicable √ not applicableHangzhou Steam Turbine Co., Ltd.Mr. Chairman Nie ZhonghaiApril 21, 2011。