深华发B:2020年第一季度报告全文(英文版)

时间:2020-04-30 00:00:00

深圳中恒华发股份有限公司 2020 年第一季度报告全文

Shenzhen Zhongheng Huafa Co., Ltd.

First Quarterly Report 2020

April 2020

1深圳中恒华发股份有限公司 2020 年第一季度报告全文

Section I. Important NotesBoard of Directors and the Supervisory Committee of Shenzhen Zhongheng Huafa Co., Ltd (hereinafter referred to as the Company) and its directors, supervisors and senior executives should guarantee the reality, accuracy and completion of the quarterly report, there are no any fictitious statements, misleading statements or important omissions carried in this report, and shall take legal responsibilities, individual and/or joint.All Directors are attended the Board Meeting for Quarterly Report deliberation. Li Zhongqiu, person in charge of the Company, Yang Bin, person in charger of accounting works and Wu Ai’jie, person in charger of accounting organ (accounting officer) hereby confirm that the Financial Statement of this Quarterly Report is authentic, accurate and complete.

2深圳中恒华发股份有限公司 2020 年第一季度报告全文

Section II. Basic situation of the CompanyI. Main accounting data and financial indexes

Whether it has retroactive adjustment or re-statement on previous accounting data

 

□Yes

√ No

 

 

 

 

 

 

 

 

 

 

 

 

 

Current period

At the same period of last

Changes of this period over

 

 

 

year

same period of last year

 

 

 

 

 

 

 

 

 

Operating income (RMB)

 

87,800,584.55

143,921,648.63

-38.99%

 

 

 

 

 

 

Net

profit attributable to shareholders

of

 

 

 

the listed company (RMB)

 

-400,741.17

258,233.98

-255.19%

 

 

 

 

 

 

 

 

 

Net profit attributable to shareholders of

 

 

 

 

the listed company after deducting

 

-208,179.52

196,868.38

-205.75%

non-recurring gains and losses (RMB)

 

 

 

 

 

 

 

 

 

Net cash flow arising from operating

 

7,931,308.59

19,403,902.99

-59.13%

activities (RMB)

 

 

 

 

 

 

 

 

 

 

Basic earnings per share (RMB/Share)

 

-0.0014

0.0009

-255.56%

 

 

 

 

 

Diluted earnings per share (RMB/Share)

 

-0.0014

0.0009

-255.56%

 

 

 

 

 

Weighted average ROE

 

-0.12%

0.08%

-0.20%

 

 

 

 

 

 

 

 

 

At the end of the reporting

 

Changes of this period-end

 

 

 

At the end of last year

over same period-end of last

 

 

 

period

 

 

 

 

year

 

 

 

 

 

 

 

 

 

 

Total assets (RMB)

 

620,319,821.75

614,163,899.86

1.00%

 

 

 

 

 

Net assets attributable to shareholder of

 

329,027,308.72

329,428,049.89

-0.12%

listed company (RMB)

 

 

 

 

 

 

 

 

 

Items and amount of non-recurring gains and losses

 

 

√Applicable □ Not applicableIn RMB

 

Amount from year-begin to

 

Item

Note

 

period-end

 

 

 

 

 

 

 

Gains/losses from the disposal of non-current asset (including the

-253,414.02

 

write-off that accrued for impairment of assets)

 

 

 

 

 

 

Gain or loss on the investment or management of assets

37,415.02

 

 

 

 

Other non-operating income and expenditure except for the

-10,052.54

 

aforementioned items

 

 

 

 

 

 

Less: impact on income tax

-33,489.89

 

 

 

 

Total

-192,561.65

--

 

 

 

3深圳中恒华发股份有限公司 2020 年第一季度报告全文Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss, explain reasons

□Applicable √ Not applicableIn reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss

II. Total number of shareholders at the end of this report period and top ten shareholders1. Total number of common shareholders at the end of this report period and top ten common shareholders

 

 

 

 

 

 

 

 

 

In shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total preference shareholders

 

 

 

Total common stock shareholders in

 

24,131

with voting rights recovered at

 

0

 

reporting period-end

 

end of reporting period (if

 

 

 

 

 

 

 

 

 

 

 

applicable)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Top ten shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shareholder’s

Nature of

Proportion of

Amount of shares

Amount of

 

Number of share pledged/frozen

 

restricted shares

 

 

 

 

 

 

 

 

name

shareholder

shares held

held

State of share

Amount

 

held

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wuhan

Domestic

 

 

 

 

 

Pledged

116,100,000

 

Zhongheng

non-state-owned

42.13%

119,289,894

 

0

 

 

 

 

 

 

 

 

 

Group

legal person

 

 

 

 

 

Frozen

119,289,894

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEG (HONG

Overseas legal

 

 

 

 

 

Pledged

0

 

KONG) CO.,

5.85%

16,569,560

 

0

 

 

 

 

 

 

 

 

 

person

 

 

 

 

 

LTD.

 

 

 

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GOOD HOPE

 

 

 

 

 

 

Pledged

0

 

CORNER

Overseas legal

3.40%

9,722,000

 

0

 

 

 

 

 

 

 

 

 

INVESTMENTS

person

 

 

 

 

 

 

 

 

 

 

Frozen

0

 

LTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Changjiang

 

 

 

 

 

 

Pledged

0

 

Securities

Overseas legal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brokerage

1.89%

5,355,249

 

0

 

 

 

 

person

 

 

 

 

 

(Hongkong) Co.,

 

 

 

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

Ltd.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Guoyuan

 

 

 

 

 

 

Pledged

0

 

Securities

Overseas legal

1.36%

3,870,117

 

0

 

 

 

 

 

 

 

 

 

Brokerage (Hong

person

 

 

 

 

 

 

 

 

 

 

Frozen

0

 

Kong) Limited

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4深圳中恒华发股份有限公司 2020 年第一季度报告全文

Li Zhongqiu

Overseas legal

1.00%

2,830,000

0

Pledged

0

person

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

Zhong Jiachao

Domestic nature

0.47%

1,329,602

0

Pledged

0

person

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

LI SHERYN

Overseas legal

0.36%

1,002,800

0

Pledged

0

ZHAN MING

person

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

Li Senzhuang

Domestic nature

0.35%

989,350

0

Pledged

0

person

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

Han Yaming

Domestic nature

0.31%

864,200

0

Pledged

0

person

 

 

Frozen

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Top ten shareholders with unrestricted shares held

 

 

 

 

 

 

 

 

 

Shareholder’s name

Amount of unrestricted shares held

Type of shares

 

 

 

 

 

 

 

Type

Amount

 

 

 

 

 

 

 

Wuhan Zhongheng Group

 

 

119,289,894

RMB common

119,289,894

 

 

share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestically

 

SEG (HONG KONG) CO., LTD.

 

 

16,569,560

listed foreign

16,569,560

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

GOOD HOPE CORNER

 

 

 

Domestically

 

 

 

9,722,000

listed foreign

9,722,000

INVESTMENTS LTD

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Changjiang Securities Brokerage

 

 

 

Domestically

 

 

 

5,355,249

listed foreign

5,355,249

(Hongkong) Co., Ltd.

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Guoyuan Securities Brokerage

 

 

 

Domestically

 

 

 

3,870,117

listed foreign

3,870,117

(Hong Kong) Limited

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestically

 

Li Zhongqiu

 

 

 

2,830,000

listed foreign

2,830,000

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestically

 

Zhong Jiachao

 

 

 

1,329,602

listed foreign

1,329,602

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestically

 

LI SHERYN ZHAN MING

 

 

1,002,800

listed foreign

1,002,800

 

 

 

 

 

shares

 

 

 

 

 

 

 

 

Li Senzhuang

 

 

 

989,350

Domestically

989,350

 

 

 

 

 

listed foreign

 

 

 

 

 

 

 

 

5深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

 

shares

 

 

 

 

 

 

 

 

 

Domestically

 

 

Han Yaming

864,200

listed foreign

 

864,200

 

 

shares

 

 

 

 

 

 

 

Among the top ten shareholders, Li Zhongqiu is the actual controller of Wuhan Zhongheng

Explanation on associated

New Science & Technology Industrial Group Co., Ltd. and is a party acting in concert.

relationship among the aforesaid

The Company neither knew whether there exists associated relationship among the other

shareholders

shareholders, nor they belong to consistent actors that are prescribed in Measures for the

 

Administration of Disclosure of Shareholder Equity Changes of Listed Companies.

 

 

 

 

 

 

Explanation on top 10 common

Among the top ten shareholders, Zhong Jiachao held 795,602 shares through ordinary

 

shareholders involving margin

 

accounts, 534,000 shares through credit securities accounts, and total held 1,329,602 shares.

 

business (if applicable)

 

 

 

 

 

 

 

 

 

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period

□Yes √ NoThe top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back agreement dealing in reporting period.

2.Total shareholders with preferred stock held and shares held by top ten shareholders with preferred stock held

□Applicable √ Not applicable6深圳中恒华发股份有限公司 2020 年第一季度报告全文

Section III. Significant EventsI. Particulars about material changes in items of main accounting statement and financial index and explanations of reasons

√Applicable □Not applicable

Item

2020-3-31

2020-1-1

Y-o-y changes

Reasons of changes

 

 

 

 

 

Money funds

 

 

-13.86%

 

 

32,816,423.29

38,095,501.00

 

 

 

 

 

 

 

Accounts receivable

 

 

-10.14%

 

 

124,682,499.69

138,755,691.43

 

 

 

 

 

 

 

Receivable financing

 

 

31.58%Note receivable increased in the period

 

55,390,096.43

42,096,834.02

 

 

 

 

 

 

Prepayments

 

 

51.37%Account paid in advance for materials

 

34,827,689.44

23,007,637.46

 

increased in the period

 

 

 

 

Other receivables

 

 

82.28%Some of the merchant rents are collected

 

11,576,982.05

6,351,361.16

 

in April

 

 

 

 

 

Stock

 

 

0.74%

 

 

67,463,821.48

66,971,551.96

 

 

 

 

 

 

Other current assets

 

 

-83.27%Tax to be deducted is deducted in the

 

233,390.96

1,395,071.36

 

period

 

 

 

 

Short-term loan

 

 

-47.95%Short-term loans declined

 

12,822,324.40

24,633,898.20

 

 

 

 

 

 

Bills payable

 

 

-30.97%Notes issued in the period declined

 

11,570,559.44

16,761,590.51

 

 

 

 

 

 

 

Accounts payable

 

 

17.47%

 

 

127,811,428.65

108,804,905.20

 

 

 

 

 

 

Advance payment

 

 

456.97%Received part of the deposit in advance

 

1,985,305.99

356,446.21

 

 

 

 

 

 

 

Staff payable

 

 

4.44%

 

 

6,138,190.12

5,877,341.25

 

 

 

 

 

 

 

Taxes payable

 

 

-5.85%

 

 

12,124,249.09

12,877,944.98

 

 

 

 

 

 

 

Item

Jan.-March of 2020

Jan.-March of 2019

Y-o-y changes

Reasons of changes

 

 

 

 

Operating income

 

 

-38.99%Factory shut down and orders fell due to

 

87,800,584.55

143,921,648.63

 

the impact of epidemic

 

 

 

 

Operating cost

 

 

-40.57%Factory shut down and orders fell due to

 

73,672,446.25

123,972,772.66

 

the impact of epidemic

 

 

 

 

 

Taxes and surcharges

 

 

-7.00%

 

 

 

 

 

 

7深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

584,743.27

628,766.00

 

 

 

 

 

 

 

Sales expense

 

 

6.71%

 

 

3,448,537.85

3,231,596.06

 

 

 

 

 

 

 

Management fees

 

 

-32.69%Factory shut down due to the impact of

 

8,058,091.66

11,971,872.78

 

epidemic

 

 

 

 

 

Financial expenses

 

 

-62.08%Bank loans declined

 

1,458,095.53

3,845,179.98

 

 

 

 

 

 

 

 

 

 

-87.60%There was a penalty income in previous

Non-operation income

5,492.44

44,300.00

 

period

 

 

 

 

 

 

 

 

6305.64%Loss of fixed assets disposal in the period

Non-operation expenditure

263,835.56

4,118.80

 

 

 

 

 

 

 

 

 

 

-200.81%Loss in the period

Income tax expenses

-85,032.71

84,349.95

 

 

 

 

 

 

 

Item

Jan.-March of 2020

Jan.-March of 2019

Y-o-y changes

Reasons of changes

 

 

 

 

Cash received from sales of goods

 

 

-34.10%Factory shut down and orders fell due to

and services

86,584,529.58

131,395,643.63

 

the impact of epidemic

 

 

 

 

Cash for purchasing goods and

 

 

-33.24%Factory shut down and orders fell due to

receiving labor services

56,760,923.41

85,022,628.29

 

the impact of epidemic

 

 

 

 

Cash paid to and for employees

 

 

-47.84%Factory shut down due to the impact of

 

8,467,600.61

16,234,429.46

 

epidemic

 

 

 

 

Cash paid for purchasing fixed,

 

 

-76.54%Factory shut down due to the impact of

intangible and other long-term assets

467,211.58

1,991,100.36

 

epidemic

 

 

 

 

Other cash paid relating to

 

 

-45.65%Bank financial products purchased in the

investing activities

25,000,000.00

46,000,000.00

 

period declined

 

 

 

 

Cash received from loans

 

 

-82.87%Short-term loans declined in the period

6,725,056.80

39,255,469.21

 

 

 

 

 

 

 

 

 

Cash paid for settling debts

 

 

-60.03%Bank loans paid in the period declined

20,548,487.80

51,413,400.63

 

 

 

 

 

 

 

 

 

Influence on cash and cash equivalents

 

 

-50.65%Exchange rate movements have less

due to fluctuation in exchange rate

32,336.78

65,528.58

 

impact in the period

 

 

 

 

 

II. Analysis and explanation of significant events and their influence and solutions

√Applicable □Not applicable(I)The Company signed Asset Exchange Contract with Wuhan Zhongheng Group on 29 April 2009 (details were referred to in the announcement dated 30 April 2009), and pursuant to the contract, since part of the assets of the Company (namely two parcel of industrial lands located at Huafa road, Gongming town, Guangming new district, Shenzhen (the property certificate No. were SFDZ No.7226760 and SFDZ No.7226763, No. of parcels were A627-005 andA627-007, and the aggregate area was 48,200 sq.m) were the lands listed in the first batch of plan for 2010 Shenzhen urbanization unit planning preparation plan. For promotion of such urbanization project and joint cooperation, the Company has not completed the transfer procedures in respect of the aforesaid land.8深圳中恒华发股份有限公司 2020 年第一季度报告全文The Company convoked the first extraordinary meeting of the Board in 2015 on February 16, 2015 and the first extraordinary general meeting of the Board in 2015 on March 4, 2015, which considered and approved the “Motion on promoting and implementing the urban renewal project for the renewal units of Huafa area at Gongming street, Guangming new district, Shenzhen”, specified that the Company and Wuhan Zhongheng Group shall obtain the corresponding compensatory consideration for removal from the respectively owned project plots and the respectively contributed and constructed above-ground buildings before the land development, it is estimated that the compensatory consideration obtained by the Company accounts for 50.5% of the total consideration and Wuhan Zhongheng Group accounts for 49.5% by calculation.The sixth extraordinary meeting of the board of directors in 2015 and the third extraordinary general meeting held on September 11, 2015 have considered and adopted the “Proposal on the project promotion and implementation of urban renewal and the progress of related transactions of ‘the updated units at Huafa Area, Gong Ming Street, Guangming New District, Shenzhen’”, the company has signed the “Agreement on the cooperation of urban renewal project of the updated units at Huafa Area, Gong Ming Street, Guangming New District, Shenzhen”, “Contract for the cooperative venture of reconstruction project for Huafa Industrial Park, Gong Ming Street, Guangming New District” and “Agreement on housing acquisition and removal compensation and resettlement” with Wuhan Zhongheng New Technology Industry Group Co., Ltd. (hereinafter referred to as “Wuhan Zhongheng Group”), Shenzhen Vanke Real Estate Co., Ltd. (hereinafter referred to as “Shenzhen Vanke”), and Shenzhen Vanke Guangming Real Estate Development Co., Ltd. (hereinafter referred to as “Vanke Guangming”). On 12 September 2016, Shenzhen Vanke applied for arbitration in respect of “Agreement on the cooperation of urban renewal project of the updated units at Huafa Area, Gong Ming Street, Guangming New District, Shenzhen” against the Company and Wuhan Zhongheng Group. Shenzhen Court of International Arbitration (SCIA) has given a ruling in August 2017. On August 29, 2018, the court accepted the compulsory execution application of Shenzhen Vanke. In October 2019, as a number of outsiders filed an “execution objection” and applied for “no execution” to Shenzhen Intermediate People’s Court, the Shenzhen Intermediate People’s Court ruled to terminate the enforcement procedure on March 20, 2020. If the “execution objection” and “no execution” proposed by outsiders are rejected according to law, Shenzhen Vanke may continue to apply to the Shenzhen Intermediate People’s Court to resume execution. Progress of the case found more in the Notices released on Juchao website (www.cninfo.com.cn) dated 14 Sept. 2016, 1 Nov. 2016, 16 Nov. 2016, on 18 Feb. 2017, 24 March 2017, 25 April 2017, 1 July 2017, 18 August 2017, 9 Feb. 2018, 25 Aug. 2018 and 7 Sept. 2018 respectively.In November 2019, the company was listed by Shenzhen Intermediate People’s Court as the dishonest person subjected to execution, and was removed from the dishonest person subjected to execution list by the Shenzhen Intermediate People’s Court in December 2019. For details, see the “Announcement About the Company Being Included in the List of Dishonest Person Subjected to Execution” (Announcement No.: 2019-33) and “Announcement About the Company Being Removed from the List of Dishonest Person Subjected to Execution” (Announcement No.: 2019 -35) issued by the company on November 9, 2019 and December 14, 2019 on www.cninfo.com.cn.(ii)On 31 December 2015, the 88,750,047 shares held by Wuhan Zhongheng Group, are pledge to China Merchants Securities Assets Co., Ltd. with due date of 31 December 2016. Wuhan Zhongheng Group deferred the9深圳中恒华发股份有限公司 2020 年第一季度报告全文repurchase business day to 30 June 2017. on 1 Feb. 2016, Wuhan Zhongheng Group pledge the 27,349,953 shares held to China Merchants Securities Assets Co., Ltd. with due date of 31 December 2016. The above-mentioned pledged shares are deferred by Wuhan Zhongheng Group; pledge expired on 31 December 2017. The trading day for repurchase put off to the date when pledge actually removed. Till end of this period released, controlling shareholder still not removed the pledge and the Company has apply by letter, relevant Notice of Presentment on Stock Pledge from Controlling Shareholder was released. Found more in notice released on Juchao website (www.cninfo.com.cn) date 2 Feb. 2018.(iii)The controlling shareholder Wuhan Zhongheng Group holds 119,289,894 shares of the Company’ stock, accounting for 42.13% of the total share capital of the Company, of which 116,489,894 shares were judicially frozen by Shenzhen Intermediate People's Court (hereinafter referred to as "Shenzhen Intermediate Court") on September 27, 2016, which were frozen again by the Shenzhen Intermediate People's Court on December 14, 2018, with a frozen period of 36 months; the remaining 2,800,000 shares were frozen by the Shenzhen Intermediate People's Court on May 29, 2019, and were frozen again by the Higher People’s Court of Guangdong Province on July 5, 2019. For details, please refer to the company’s announcements published on www.cninfo.com.cn on October 27, 2016, January 11, 2019, May 31, 2019 and August 7, 2019.(iv)On September 29, 2016, the company and its controlling shareholder, Wuhan Zhongheng Group, signed the“Agency Contract” with V&T Law Firm. On October 8, 2016, the three parties also signed the “Supplemental Agreement for Agency Contract”, it was agreed that V&T acted as an agent for the company and Wuhan Zhongheng Group to deal with the arbitration case with Shenzhen Vanke. After losing the lawsuit, due to differences in the payment of attorney fees, V&T sued our company and Wuhan Zhongheng Group to the Shenzhen Court of International Arbitration, and applied to the court to seize a bank account under our company’s name and part of our company dormitories, please refer to “Other Announcements on the Progress Involving Litigation and Arbitration” (Announcement Numbers: 2018-43, 2019-02) released by our company on www.cninfo.com on November 14, 2018 and March 6, 2019. 02. In November 2019, the Shenzhen Court of International Arbitration ruled that the company and Wuhan Zhongheng Group paid the corresponding fees. According to the “Agency Contract” and “Supplemental Agreement for Agency Contract” signed by the three parties, the loss of the arbitrament in this case was borne by Wuhan Zhongheng Group, so it had no impact on the company’s 2019 annual profit. For details, see the company’s “Other Announcements on the Progress Involving Litigation and Arbitration” (Announcement No.: 2019-34) released on www.cninfo.com.cn on November 25, 2019.

Implementation progress of shares buy-back

□Applicable √ Not applicableImplementation progress of the reduction of repurchases shares by centralized bidding

□Applicable √ Not applicable10深圳中恒华发股份有限公司 2020 年第一季度报告全文

III.Commitments completed in Period and those without completed till end of the Period from actual controller, shareholders, related parties, purchaser and companies

□Applicable √ Not applicableThe Company has no commitments completed in Period and those without completed till end of the Period from actual controller, shareholders, related parties, purchaser and companies.

IV. Securities Investment

□Applicable √ Not applicable No security investment in Period.

V. Trust financing

√Applicable

□Not applicable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In 10 thousand Yuan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type

 

 

Capital sources

 

Amount occurred

 

Outstanding balance

 

Overdue amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank financial

 

 

Own funds

 

25,000,000

 

0

 

0

 

 

 

products

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

25,000,000

 

0

 

0

 

 

 

 

 

 

 

 

 

 

Details of the single major amount, or high-risk trust investment with low security, poor fluidity and non-guaranteed

□Applicable

√Not applicable

 

 

 

 

 

 

 

 

Entrust financial expected to be unable to recover the principal or impairment might be occurred

□Applicable √ Not applicable

VI. Derivative investment

□Applicable √ Not applicableNo derivative investment in the Period.

VII. Registration form for receiving research, communication and interview in the reportperiod

√Applicable □ Not applicable

 

Date

 

 

Method

 

 

Type of investors

 

 

Basic situation index of investigation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Understand the company's production

 

2020-01-06

 

 

Telephone communication

 

Individual

 

and operation situation, litigation

 

 

 

 

 

progress and the progress of urban

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

renewal projects

 

 

 

 

 

 

 

 

 

 

 

 

 

11深圳中恒华发股份有限公司 2020 年第一季度报告全文

VIII. External security against the rules

□Applicable √ Not applicableThe Company has no external security against the rules in the Period.

IX. Controlling shareholders' and its related party's non-business capital occupying of the listed company

□Applicable √ Not applicableThere are no controlling shareholders' and its related party's non-business capital occupying of the listed company.12深圳中恒华发股份有限公司 2020 年第一季度报告全文

Section IV. Financial StatementI. Financial statement1. Consolidate balance sheet

Prepared by Shenzhen Zhongheng Huafa Co., Ltd.

2020-04-28

 

 

In RMB

 

 

 

 

Items

2020-3-31

2019-12-31

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

Monetary fund

32,816,423.29

38,095,501.00

 

 

 

 

 

Settlement provisions

 

 

 

 

 

 

 

Capital lent

 

 

 

 

 

 

 

Transactional financial assets

 

 

 

 

 

 

 

Derivative financial assets

 

 

 

 

 

 

 

Note receivable

 

 

 

 

 

 

 

Account receivable

124,682,499.69

138,755,691.43

 

 

 

 

 

Receivable financing

55,390,096.43

42,096,834.02

 

 

 

 

 

Accounts paid in advance

34,827,689.44

23,007,637.46

 

 

 

 

 

Insurance receivable

 

 

 

 

 

 

 

Reinsurance receivables

 

 

 

 

 

 

 

Contract reserve of reinsurance

 

 

 

receivable

 

 

 

 

 

 

 

Other account receivable

11,576,982.05

6,351,361.16

 

 

 

 

 

Including: Interest receivable

 

 

 

 

 

 

 

Dividend receivable

 

 

 

 

 

 

 

Buying back the sale of financial

 

 

 

assets

 

 

 

 

 

 

 

Inventories

67,463,821.48

66,971,551.96

 

 

 

 

 

Contractual assets

 

 

 

 

 

 

 

Assets held for sale

 

 

 

 

 

 

 

Non-current asset due within one

 

 

 

year

 

 

 

 

 

 

 

Other current assets

233,390.96

1,395,071.36

 

 

 

 

 

13深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Total current assets

 

326,990,903.34

316,673,648.39

 

 

 

 

 

 

Non-current assets:

 

 

 

 

 

 

 

 

 

Loans and payments on behalf

 

 

 

 

 

 

 

 

 

Debt investment

 

 

 

 

 

 

 

 

 

Other debt investment

 

 

 

 

 

 

 

 

 

Long-term account receivable

 

 

 

 

 

 

 

 

 

Long-term equity investment

 

 

 

 

 

 

 

 

 

Investment in other equity

 

 

 

 

instrument

 

 

 

 

 

 

 

 

 

Other non-current financial

 

 

 

 

 

 

 

 

 

assets

 

 

 

 

 

 

 

 

 

Investment real estate

 

48,520,910.00

48,952,992.57

 

 

 

 

 

 

Fixed assets

 

194,674,121.29

198,229,817.31

 

 

 

 

 

 

Construction in progress

 

 

 

 

 

 

 

 

 

Productive biological asset

 

 

 

 

 

 

 

 

 

Oil and gas asset

 

 

 

 

 

 

 

 

 

Right-of-use assets

 

 

 

 

 

 

 

 

 

Intangible assets

 

42,518,738.49

42,968,600.44

 

 

 

 

 

 

Expense on Research and

 

 

 

 

Development

 

 

 

 

 

 

 

 

 

Goodwill

 

 

 

 

 

 

 

 

 

Long-term expenses to be

 

251,697.19

309,781.15

 

apportioned

 

 

 

 

 

 

 

 

 

 

 

Deferred income tax asset

 

7,137,751.44

6,803,360.00

 

 

 

 

 

 

Other non-current asset

 

225,700.00

225,700.00

 

 

 

 

 

 

Total non-current asset

 

293,328,918.41

297,490,251.47

 

 

 

 

 

 

Total assets

 

620,319,821.75

614,163,899.86

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

Short-term loans

 

12,822,324.40

24,633,898.20

 

 

 

 

 

 

Loan from central bank

 

 

 

 

 

 

 

 

 

Capital borrowed

 

 

 

 

 

 

 

 

 

Trading financial liability

 

 

 

 

 

 

 

 

 

Derivative financial liability

 

 

 

 

 

 

 

 

 

Note payable

 

11,570,559.44

16,761,590.51

 

 

 

 

 

 

Account payable

 

127,811,428.65

108,804,905.20

 

 

 

 

 

14深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Accounts received in advance

 

1,985,305.99

356,446.21

 

 

 

 

 

 

 

 

Contractual liability

 

 

 

 

 

 

 

 

 

 

 

 

 

Selling financial asset of

 

 

 

 

 

 

repurchase

 

 

 

 

 

 

 

 

 

 

 

 

 

Absorbing deposit and interbank

 

 

 

 

 

 

deposit

 

 

 

 

 

 

 

 

 

 

 

 

 

Security trading of agency

 

 

 

 

 

 

 

 

 

 

 

 

 

Security sales of agency

 

 

 

 

 

 

 

 

 

 

 

 

 

Wage payable

 

6,138,190.12

5,877,341.25

 

 

 

 

 

 

 

 

Taxes payable

 

12,124,249.09

 

12,877,944.98

 

 

 

 

 

 

 

 

 

Other account payable

 

33,509,094.34

 

28,027,592.62

 

 

 

 

 

 

 

 

 

Including: Interest payable

 

71,131.46

89,365.28

 

 

 

 

 

 

 

 

Dividend payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Commission charge and

 

 

 

 

 

 

commission payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Reinsurance payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Liability held for sale

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-current liabilities due

 

12,000,000.00

 

12,000,000.00

 

 

within one year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Total current liabilities

 

217,961,152.03

 

209,339,718.97

 

 

 

 

 

 

 

 

 

Non-current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance contract reserve

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term loans

 

71,000,000.00

 

73,000,000.00

 

 

 

 

 

 

 

 

 

Bonds payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Including: Preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

 

Perpetual capital

 

 

 

 

 

 

securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease liability

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term account payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term wages payable

 

 

 

 

 

 

 

 

 

 

 

Accrual liability

 

64,411.00

64,411.00

 

 

 

 

 

 

Deferred income

 

2,266,950.00

2,331,720.00

 

 

 

 

 

 

 

 

Deferred income tax liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Other non-current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

15深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Total non-current liabilities

 

 

73,331,361.00

 

75,396,131.00

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities

 

 

291,292,513.03

 

284,735,849.97

 

 

 

 

 

 

 

 

 

 

 

 

Owner’s equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share capital

 

 

283,161,227.00

 

283,161,227.00

 

 

 

 

 

 

 

 

 

 

 

 

Other equity instrument

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Including: Preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Perpetual capital

 

 

 

 

 

 

 

 

securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital public reserve

 

 

146,587,271.50

 

146,587,271.50

 

 

 

 

 

 

 

 

 

 

 

 

Less: Inventory shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reasonable reserve

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Surplus public reserve

 

 

77,391,593.25

 

77,391,593.25

 

 

 

 

 

 

 

 

 

 

 

 

Provision of general risk

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retained profit

 

 

-178,112,783.03

 

-177,712,041.86

 

 

 

 

 

 

 

 

 

 

 

 

Total owner’ s equity attributable to

 

 

329,027,308.72

 

329,428,049.89

 

 

 

parent company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Minority interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total owner’ s equity

 

 

329,027,308.72

 

329,428,049.89

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities and owner’ s equity

 

 

620,319,821.75

 

614,163,899.86

 

 

 

 

 

 

 

 

 

 

 

Legal Representative: Li Zhongqiu

 

 

 

 

 

Person in charge of accounting works: Yang Bin

 

 

 

 

 

Person in charge of accounting institute: Wu Aijie

 

 

 

 

 

2. Balance Sheet of Parent Company

 

 

 

 

 

 

 

 

 

 

 

In RMB

 

 

 

 

 

 

 

 

Item

 

 

2020-3-31

 

2019-12-31

 

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Monetary funds

 

 

4,283,316.44

3,494,245.90

 

 

 

 

 

 

 

 

 

 

 

Trading financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Account receivable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16深圳中恒华发股份有限公司 2020 年第一季度报告全文

Receivable financing

 

 

 

 

 

Accounts paid in advance

35,123.00

 

 

 

 

Other account receivable

94,530,302.52

97,165,023.85

 

 

 

Including: Interest receivable

 

 

 

 

 

Dividend

 

 

receivable

 

 

 

 

 

Inventories

14,806.50

14,806.50

 

 

 

Contractual assets

 

 

 

 

 

Assets held for sale

 

 

 

 

 

Non-current assets maturing

 

 

 

 

 

within one year

 

 

 

 

 

Other current assets

29,889.41

173,950.26

 

 

 

Total current assets

98,893,437.87

100,848,026.51

 

 

 

Non-current assets:

 

 

 

 

 

Debt investment

 

 

 

 

 

Other debt investment

 

 

 

 

 

Long-term receivables

 

 

 

 

 

Long-term equity investments

186,608,900.00

186,608,900.00

 

 

 

Investment in other equity

 

 

instrument

 

 

 

 

 

Other non-current financial

 

 

assets

 

 

 

 

 

Investment real estate

24,864,200.40

25,166,301.06

 

 

 

Fixed assets

98,141,949.12

98,410,024.38

 

 

 

Construction in progress

 

 

 

 

 

Productive biological assets

 

 

 

 

 

Oil and natural gas assets

 

 

 

 

 

Right-of-use assets

 

 

 

 

 

Intangible assets

4,517,472.81

4,553,709.24

 

 

 

Research and development costs

 

 

 

 

 

Goodwill

 

 

 

 

 

Long-term deferred expenses

 

 

 

 

 

Deferred income tax assets

7,367,646.35

7,367,646.35

 

 

 

Other non-current assets

 

 

 

 

 

Total non-current assets

321,500,168.68

322,106,581.03

 

 

 

17深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Total assets

 

420,393,606.55

 

422,954,607.54

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term borrowings

 

 

 

 

 

 

 

 

 

 

 

 

 

Trading financial liability

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial liability

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes payable

 

 

 

 

 

 

 

 

 

 

 

 

Account payable

 

9,740,367.33

10,745,840.16

 

 

 

 

 

 

 

Accounts received in advance

 

54,451.01

57,266.01

 

 

 

 

 

 

 

 

Contractual liability

 

 

 

 

 

 

 

 

 

 

 

Wage payable

 

820,979.02

1,220,979.02

 

 

 

 

 

 

Taxes payable

 

7,951,572.26

8,489,130.72

 

 

 

 

 

 

 

 

Other accounts payable

 

19,737,144.53

 

19,100,375.42

 

 

 

 

 

 

 

 

 

Including: Interest payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Liability held for sale

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-current liabilities due

 

12,000,000.00

 

12,000,000.00

 

 

within one year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Total current liabilities

 

50,304,514.15

 

51,613,591.33

 

 

 

 

 

 

 

 

 

Non-current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term loans

 

71,000,000.00

 

73,000,000.00

 

 

 

 

 

 

 

 

 

Bonds payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Including: preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

 

Perpetual capital

 

 

 

 

 

 

securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease liability

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term account payable

 

 

 

 

 

 

 

 

 

 

 

 

 

Long term employee compensation

 

 

 

 

 

 

payable

 

 

 

 

 

 

 

 

 

 

 

Accrued liabilities

 

64,411.00

64,411.00

 

 

 

 

 

 

 

 

Deferred income

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred income tax liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Other non-current liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Total non-current liabilities

 

71,064,411.00

 

73,064,411.00

 

 

 

 

 

 

 

 

 

Total liabilities

 

121,368,925.15

 

124,678,002.33

 

 

 

 

 

 

 

 

18深圳中恒华发股份有限公司 2020 年第一季度报告全文

Owners’ equity:

 

 

 

 

 

Share capital

283,161,227.00

283,161,227.00

 

 

 

Other equity instrument

 

 

 

 

 

Including: preferred stock

 

 

 

 

 

Perpetual capital

 

 

securities

 

 

 

 

 

Capital public reserve

146,587,271.50

146,587,271.50

 

 

 

Less: Inventory shares

 

 

 

 

 

Other comprehensive income

 

 

 

 

 

Special reserve

 

 

 

 

 

Surplus reserve

77,391,593.25

77,391,593.25

 

 

 

Retained profit

-208,115,410.35

-208,863,486.54

 

 

 

Total owner’s equity

299,024,681.40

298,276,605.21

 

 

 

Total liabilities and owner’s equity

420,393,606.55

422,954,607.54

 

 

 

3. Consolidated Profit Statement

 

 

In RMB

 

 

 

 

Item

Current period

Last period

 

 

 

 

 

I. Total operating income

87,800,584.55

143,921,648.63

 

 

 

 

 

Including: Operating income

87,800,584.55

143,921,648.63

 

 

 

 

 

Interest income

 

 

 

 

 

 

 

Insurance gained

 

 

 

 

 

 

 

Commission charge and

 

 

 

commission income

 

 

 

 

 

 

 

II. Total operating cost

88,130,200.33

143,650,187.48

 

 

 

 

 

Including: Operating cost

73,672,446.25

123,972,772.66

 

 

 

 

 

Interest expense

 

 

 

 

 

 

 

Commission charge and

 

 

 

commission expense

 

 

 

 

 

 

 

Cash surrender value

 

 

 

 

 

 

 

Net amount of expense of

 

 

 

compensation

 

 

 

 

 

 

 

Net amount of withdrawal of insurance

 

 

 

contract reserve

 

 

 

 

 

 

 

Bonus expense of guarantee slip

 

 

 

 

 

 

 

19深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Reinsurance expense

 

 

 

 

 

 

 

 

 

Tax and extras

 

584,743.27

628,766.00

 

 

 

 

 

 

Sales expense

 

3,448,537.85

3,231,596.06

 

 

 

 

 

 

Administrative expense

 

8,058,091.66

11,971,872.78

 

 

 

 

 

 

R&D expense

 

908,285.77

 

 

 

 

 

 

 

Financial expense

 

1,458,095.53

3,845,179.98

 

 

 

 

 

 

Including: Interest

 

2,375,650.33

2,793,872.51

 

expenses

 

 

 

 

 

 

 

 

 

 

 

Interest

 

128,721.93

95,661.57

 

income

 

 

 

 

 

 

 

 

 

 

 

Add: other income

 

64,770.00

 

 

 

 

 

 

 

Investment income (Loss is

 

37,415.02

30,941.58

 

listed with “-”)

 

 

 

 

 

 

 

 

 

 

 

Including: Investment

 

 

 

 

income on affiliated company and joint

 

 

 

 

venture

 

 

 

 

 

 

 

 

 

The termination of

 

 

 

 

income recognition for financial assets

 

 

 

 

measured by amortized cost(Loss is

 

 

 

 

listed with “-”)

 

 

 

 

 

 

 

 

 

Exchange income (Loss is

 

 

 

 

listed with “-”)

 

 

 

 

 

 

 

 

 

Net exposure hedging

 

 

 

 

income (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Income from change of fair

 

 

 

 

value (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Loss of credit impairment

 

 

 

 

(Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Losses of devaluation of

 

 

 

 

asset (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Income from assets disposal

 

 

 

 

(Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

III. Operating profit (Loss is listed with

 

-227,430.76

302,402.73

 

“-”)

 

 

 

 

 

 

 

 

 

 

 

Add: Non-operating income

 

5,492.44

44,300.00

 

 

 

 

 

 

Less: Non-operating expense

 

263,835.56

4,118.80

 

 

 

 

 

 

IV. Total profit (Loss is listed with “-”)

 

-485,773.88

342,583.93

 

 

 

 

 

 

Less: Income tax expense

 

-85,032.71

84,349.95

 

 

 

 

 

20深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

V. Net profit (Net loss is listed with

 

-400,741.17

 

258,233.98

 

 

“-”)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(i) Classify by business continuity

 

 

 

 

 

 

 

 

 

 

 

 

 

1.continuous operating net profit

 

-400,741.17

 

258,233.98

 

 

(net loss listed with ‘-”)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.termination of net profit (net

 

 

 

 

 

 

loss listed with ‘-”)

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) Classify by ownership

 

 

 

 

 

 

 

 

 

 

 

 

 

1.Net profit attributable to

 

-400,741.17

 

258,233.98

 

 

owner’s of parent company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.Minority shareholders’ gains

 

 

 

 

 

 

and losses

 

 

 

 

 

 

 

 

 

 

 

 

 

VI. Net after-tax of other

 

 

 

 

 

 

comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

Net after-tax of other comprehensive

 

 

 

 

 

 

income attributable to owners of parent

 

 

 

 

 

 

company

 

 

 

 

 

 

 

 

 

 

 

 

 

(I) Other comprehensive income

 

 

 

 

 

 

items which will not be reclassified

 

 

 

 

 

 

subsequently to profit of loss

 

 

 

 

 

 

 

 

 

 

 

 

 

1.Changes of the defined

 

 

 

 

 

 

benefit plans that re-measured

 

 

 

 

 

 

 

 

 

 

 

 

 

2.Other comprehensive

 

 

 

 

 

 

income under equity method that

 

 

 

 

 

 

cannot be transfer to gain/loss

 

 

 

 

 

 

 

 

 

 

 

 

 

3.Change of fair value of

 

 

 

 

 

 

investment in other equity instrument

 

 

 

 

 

 

 

 

 

 

 

 

 

4.Fair value change of

 

 

 

 

 

 

enterprise's credit risk

 

 

 

 

 

 

 

 

 

 

 

 

 

5. Other

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii) Other comprehensive income

 

 

 

 

 

 

items which will be reclassified

 

 

 

 

 

 

subsequently to profit or loss

 

 

 

 

 

 

 

 

 

 

 

 

 

1.Other comprehensive

 

 

 

 

 

 

income under equity method that can

 

 

 

 

 

 

transfer to gain/loss

 

 

 

 

 

 

 

 

 

 

 

 

 

2.Change of fair value of

 

 

 

 

 

 

other debt investment

 

 

 

 

 

 

 

 

 

 

 

 

 

3.Amount of financial

 

 

 

 

 

 

 

 

 

 

 

 

21深圳中恒华发股份有限公司 2020 年第一季度报告全文

assets re-classify to other

 

 

comprehensive income

 

 

 

 

 

4.Credit impairment

 

 

provision for other debt investment

 

 

 

 

 

5.Cash flow hedging

 

 

reserve

 

 

 

 

 

6.Translation differences

 

 

arising on translation of foreign

 

 

currency financial statements

 

 

 

 

 

7.Other

 

 

 

 

 

Net after-tax of other comprehensive

 

 

 

 

 

income attributable to minority

 

 

shareholders

 

 

 

 

 

VII. Total comprehensive income

-400,741.17

258,233.98

 

 

 

Total comprehensive income

 

 

attributable to owners of parent

-400,741.17

258,233.98

Company

 

 

 

 

 

Total comprehensive income

 

 

attributable to minority shareholders

 

 

 

 

 

VIII. Earnings per share:

 

 

 

 

 

(i) Basic earnings per share

-0.0014

0.0009

 

 

 

(ii) Diluted earnings per share

-0.0014

0.0009

 

 

 

Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and realized 0 Yuan at last period for combined partyLegal Representative: Li ZhongqiuPerson in charge of accounting works: Yang BinPerson in charge of accounting institute: Wu Aijie

4. Profit Statement of Parent Company

 

 

In RMB

 

 

 

 

Item

Current period

Last period

 

 

 

 

 

I. Operating income

7,437,448.02

8,410,710.54

 

 

 

 

 

Less: Operating cost

613,839.48

1,229,845.47

 

 

 

 

 

Taxes and surcharge

257,246.31

235,479.42

 

 

 

 

 

Sales expenses

 

 

 

 

 

 

 

22深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

Administration expenses

 

3,553,655.31

4,650,071.72

 

 

 

 

 

 

R&D expenses

 

 

 

 

 

 

 

 

 

Financial expenses

 

2,015,272.00

2,191,390.21

 

 

 

 

 

 

Including: interest

 

2,015,830.25

2,174,999.98

 

expenses

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

3,734.78

6,534.22

 

 

 

 

 

 

Add: other income

 

 

 

 

 

 

 

 

 

Investment income (Loss is

 

 

 

 

listed with “-”)

 

 

 

 

 

 

 

 

 

Including: Investment

 

 

 

 

 

 

 

 

 

income on affiliated Company and

 

 

 

 

joint venture

 

 

 

 

 

 

 

 

 

The termination of

 

 

 

 

income recognition for financial

 

 

 

 

assets measured by amortized cost

 

 

 

 

(Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Net exposure hedging

 

 

 

 

income (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Changing income of fair

 

 

 

 

value (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Loss of credit impairment

 

 

 

 

(Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Losses of devaluation of

 

 

 

 

asset (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

Income on disposal of

 

 

 

 

assets (Loss is listed with “-”)

 

 

 

 

 

 

 

 

 

II. Operating profit (Loss is listed

 

997,434.92

103,923.72

 

with “-”)

 

 

 

 

 

 

 

 

 

 

 

Add: Non-operating income

 

 

37,300.00

 

 

 

 

 

 

Less: Non-operating expense

 

 

 

 

 

 

 

 

 

III. Total Profit (Loss is listed with

 

997,434.92

141,223.72

 

“-”)

 

 

 

 

 

 

 

 

 

 

 

Less: Income tax

 

249,358.73

35,305.93

 

 

 

 

 

 

IV. Net profit (Net loss is listed with

 

748,076.19

105,917.79

 

“-”)

 

 

 

 

 

 

 

 

 

 

 

(i)continuous operating net profit (net

 

748,076.19

105,917.79

 

loss listed with ‘-”)

 

 

 

 

 

 

 

 

 

 

 

(ii) termination of net profit (net

 

 

 

 

 

 

 

 

23深圳中恒华发股份有限公司 2020 年第一季度报告全文

loss listed with ‘-”)

 

 

V. Net after-tax of other

 

 

comprehensive income

 

 

(I) Other comprehensive income

 

 

items which will not be reclassified

 

 

subsequently to profit of loss

 

 

1.Changes of the defined

 

 

benefit plans that re-measured

 

 

2.Other comprehensive

 

 

income under equity method that

 

 

cannot be transfer to gain/loss

 

 

3.Change of fair value of

 

 

investment in other equity instrument

 

 

4.Fair value change of

 

 

enterprise's credit risk

 

 

5. Other

 

 

(II) Other comprehensive

 

 

income items which will be

 

 

reclassified subsequently to profit or

 

 

loss

 

 

1.Other comprehensive

 

 

income under equity method that can

 

 

transfer to gain/loss

 

 

2.Change of fair value of

 

 

other debt investment

 

 

3.Amount of financial

 

 

assets re-classify to other

 

 

comprehensive income

 

 

4.Credit impairment

 

 

provision for other debt investment

 

 

5.Cash flow hedging

 

 

reserve

 

 

6.Translation differences

 

 

arising on translation of foreign

 

 

currency financial statements

 

 

7.Other

 

 

VI. Total comprehensive income

748,076.19

105,917.79

VII. Earnings per share:

 

 

(i) Basic earnings per share

0.0026

0.0004

24深圳中恒华发股份有限公司 2020 年第一季度报告全文

5. Consolidated Cash Flow Statement

 

 

 

 

 

In RMB

 

 

 

 

 

 

 

 

 

Item

 

Current period

 

Last period

 

 

 

 

 

 

 

 

 

 

 

I. Cash flows arising from operating

 

 

 

 

 

 

 

 

 

 

 

 

 

 

activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received from selling

 

 

 

 

 

 

 

commodities and providing labor

 

86,584,529.58

 

131,395,643.63

 

 

 

services

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of customer deposit

 

 

 

 

 

 

 

and interbank deposit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of loan from

 

 

 

 

 

 

 

central bank

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of capital borrowed

 

 

 

 

 

 

 

from other financial institution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received from original

 

 

 

 

 

 

 

insurance contract fee

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net cash received from

 

 

 

 

 

 

 

reinsurance business

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of insured savings

 

 

 

 

 

 

 

and investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash received from interest,

 

 

 

 

 

 

 

commission charge and commission

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of capital borrowed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of returned business

 

 

 

 

 

 

 

capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net cash received by agents in

 

 

 

 

 

 

 

sale and purchase of securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Write-back of tax received

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other cash received concerning

 

1,372,807.06

 

1,243,646.01

 

 

operating activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subtotal of cash inflow arising from

 

87,957,336.64

 

132,639,289.64

 

 

 

operating activities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for purchasing

 

 

 

 

 

 

 

commodities and receiving labor

 

56,760,923.41

 

85,022,628.29

 

 

 

service

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net increase of customer loans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

25深圳中恒华发股份有限公司 2020 年第一季度报告全文

 

and advances