YantaiChangyuPioneerWineCo.,Ltd.
2020FirstQuarterReport
2020-Final02
April2020
I.ImportantNotice
TheCompany’sboardofdirectors,boardofsupervisors,directors,supervisorsandsenior
executivesguaranteethetruthfulness,accuracyandcompletenessofcontentscontainedinthis
quarterreportaswellasnounfaithfulfacts,misleadingstatementsorsignificantomissions
andundertakeindividualandcollectivelegalliabilities.
Alldirectorsattendedtheboardmeetingfordeliberatingthisquarterreport.
Mr.ZhouHongjiang(personinchargeoftheCompany),Mr.JiangJianxun(personincharge
ofaccountingwork),andMsGuoCuimei(personinchargeofaccountinginstitutionand
personinchargeofaccounting)declaretoassurethetruthfulness,accuracyandcompleteness
ofthefinancialstatementinthisquarterreport.
II、CorporateInformation
1.Keyaccountingdataandfinancialindicators
WhethertheCompanyneedstomakeretroactiveadjustmentsorrestatetheaccountingdataofpreviousfiscalyears.
□Yes
?
No
Item | Thisreportperiod | Thesameperiodoflastyear | Moreorlessthanthesameperiodoflastyear(%) |
Operatingrevenue(CNY) | 800,586,544 | 1,667,424,758 | -51.99% |
Netprofitattributedtotheshareholdersofthelistedcompany(CNY) | 233,129,459 | 456,381,471 | -48.92% |
Netprofitattributedtotheshareholdersofthelistedcompanyafterdeductingtheirregularprofitandloss(CNY) | 225,980,141 | 450,709,661 | -49.86% |
Netcashflowsfromtheoperatingactivities(CNY) | -117,099,945 | 294,678,342 | -139.74% |
Basicearningspershare(CNY) | 0.34 | 0.67 | -49.25% |
Dilutedearningspershare(CNY) | 0.34 | 0.67 | -49.25% |
Weightedaverageforearningrateofthenetassets | 2.24% | 4.75% | -2.51% |
Theendofthisreportperiod | Theendoflastyear | Moreorlessthantheendoflastyear(%) | |
Totalassets(CNY) | 13,447,791,010 | 13,647,932,568 | -1.47% |
NetAssetsattributedtotheshareholdersofthelistedcompany(CNY) | 10,534,302,179 | 10,308,910,198 | 2.19% |
Detailsofnon-recurringgainsandlosses?Yes□No
Unit:
CNY
Item | Frombeginningofyeartoendofreportperiod | Explanation |
Gainondisposalofnon-currentassets,includingthereversalofaccruedimpairmentprovision | 0 | |
Governmentgrantscreditedinprofitandloss(exceptforthoserecurringgovernmentgrantsthatarecloselyrelatedtotheentity'soperation, | 6,701,749 |
inlinewithrelatedregulationsandhaveproperbasisofcalculation) | ||
Othernon-operatingincomeandexpenses | 2,697,448 | |
Less:Incometaxeffect | 2,231,821 | |
Minorityinterestseffect(after-tax) | 18,058 | |
Total | 7,149,318 | -- |
CompanyhasdefinedbyvirtueoftheExplanatoryAnnouncementonPublicCompany’s
InformationDisclosureNo.1-Non-recurringProfitandLossandastoregardingthenon-recurring
profitandlossasrecurrentprofitandlossasspecifiedintheExplanatoryAnnouncementonPublic
Company’sInformationDisclosureNo.1–Non-recurringProfitandLoss.
?Available?Notavailable
Thereisnosituationthatnon-recurringprofitandlossisdefinedandspecifiedasrecurrentprofit
andlossinaccordancewiththeExplanatoryAnnouncementonPublicCompany’sInformation
DisclosureNo.1-Non-recurringProfitandLossduringthereportperiod.
2.Thetotalnumberofshareholdersandtop10shareholdersattheendofthereportperiod
1)Thenumberofthecommonshareholdersandpreferredshareholderswithrecoveredvoting
poweraswellastheshareholdingoftop10shareholders
Unit:share
Totalnumberofcommonshareholdersattheendofreportperiod | Thetotalis45,626,including26,635Asharesand18,991Bshares | Totalnumberofpreferredshareholderswithrecoveredvotingpowerattheendofreportperiod(ifhave) | 0 | ||||
Shareholdingoftop10shareholders | |||||||
NameofShareholders | Characterofshareholders | Percentage(%) | Sharesheld | Numberofrestrictedshares | Pledgedorfrozen | ||
Sharestatus | Amount | ||||||
YANTAICHANGYUGROUPCOMPANYLIMITED | Domesticnon-state-ownedlegalperson | 50.40% | 345,473,856 | ||||
GAOLINGFUND,L.P. | Foreignlegalperson | 3.08% | 21,090,219 | ||||
CHINASECURITIESFINANCECORP | State-ownedlegalperson | 2.25% | 15,440,794 | ||||
BBHBOSS/AFIDELITYFD-CHINAFOCUSFD | Foreignlegalperson | 2.22% | 15,241,826 | ||||
SHENWANHONGYUANSECURITIES(HONGKONG)LIMITED | Foreignlegalperson | 1.20% | 8,239,333 | ||||
HONGKONGSECURITIES | Foreignlegal | 1.05% | 7,166,916 |
CLEARINGCOMPANYLIMITED(HKSCC) | person | |||||
FIDELITYPURITANTRUST:FIDELITYSERIESINTRINSICOPPORTUNITIESFUND | Foreignlegalperson | 0.93% | 6,350,762 | |||
GUOTAIJUNANSECURITIES(HONGKONG)LIMITED | Foreignlegalperson | 0.70% | 4,805,756 | |||
CENTRALHUIJINASSETMANAGEMENTLTD. | State-ownedlegalperson | 0.69% | 4,761,200 | |||
HAITONGINTERNATIONALSECURITIESCOMPANYLIMITED-ACCOUNTCLIENT | Foreignlegalperson | 0.56% | 3,815,587 | |||
Shareholdingoftop10shareholderswithunrestrictedshares | ||||||
NameofShareholders | Numberofunrestrictedsharesheld | Typeofshare | ||||
Typeofshare | Amount | |||||
YANTAICHANGYUGROUPCOMPANYLIMITED | 345,473,856 | Ashare | 345,473,856 | |||
GAOLINGFUND,L.P. | 21,090,219 | Bshare | 21,090,219 | |||
CHINASECURITIESFINANCECORP | 15,440,794 | Ashare | 15,440,794 | |||
BBHBOSS/AFIDELITYFD-CHINAFOCUSFD | 15,241,826 | Bshare | 15,241,826 | |||
SHENWANHONGYUANSECURITIES(HONGKONG)LIMITED | 8,239,333 | Bshare | 8,239,333 | |||
HONGKONGSECURITIESCLEARINGCOMPANYLIMITED(HKSCC) | 7,166,916 | Ashare | 7,166,916 | |||
FIDELITYPURITANTRUST:FIDELITYSERIESINTRINSICOPPORTUNITIESFUND | 6,350,762 | Bshare | 6,350,762 | |||
GUOTAIJUNANSECURITIES(HONGKONG)LIMITED | 4,805,756 | Bshare | 4,805,756 | |||
CENTRALHUIJINASSETMANAGEMENTLTD. | 4,761,200 | Ashare | 4,761,200 | |||
HAITONGINTERNATIONALSECURITIESCOMPANYLIMITED-ACCOUNTCLIENT | 3,815,587 | Bshare | 3,815,587 | |||
Theexplanationfortheassociatedrelationshipandaccordantactionofthetop10shareholders | Amongthetop10shareholders,YantaiChangyuGroupCompanyLimitedhasnoassociatedrelationshiporaccordantactionrelationshipwiththeother9listedshareholders,andtherelationshipamongtheothershareholdersisunknown. | |||||
Explanationforthetop10commonshareholderswhoinvolvedinfinancingactivitiesandstocktradingbusiness(ifany) | No |
WhetherornottheCompany’stop10commonshareholdersandtop10commonshareholderswithunrestrictedsharespromisetobuybacktradingduringthereportperiod
?
Yes
?
No
Therearenotop10commonshareholdersandtop10commonshareholderswithunrestrictedsharesintheCompanypromisetobuybacktradingduringthereportperiod.
2)Thetableofthetotalnumberofthepreferredshareholdersandtheshareholdingstatusofthetop
10preferredshareholders?Available?Notavailable
III、MajorIssue
1.Situationandreasonofchangeinmajorfinancialdataandfinancialindexduringthe
reportperiod?Available?NotavailableAttheendofthereportperiod,advancereceiptintheconsolidatedfinancialstatementsdecreasedby100%comparedwiththebeginningoftheyear,mainlybecausetheCompanybegantoimplementthe"AccountingStandardforBusinessEnterprisesNo.14-Revenue"revisedandissuedbytheMinistryofFinancein2017sinceJanuary1
st,2020andduringthereportperiodadvancesreceivedfromcustomersforpurchaseswereconfirmedtobecontractliabilitiesandtaxpayable;otherpayabledecreasedby27.74%comparedwiththebeginningoftheyear,whichismainlyduetothedeclineinadvertisingfeespayableandthepayableofinvestmentprojectsfunds.Comparedwiththesameperiodoflastyear,thetotaloperatingincomeintheconsolidatedfinancialstatementsinthisreportingperioddecreasedby51.99%,theoperatingincomedecreasedby51.99%,netprofitdecreasedby48.73%,cashreceivedfromsellingcommoditiesandprovidinglaborservicesdecreasedby49.60%,thesub-totalcashoutflowfromoperatingactivitiesdecreasedby
28.17%,andthenetcashflowfromoperatingactivitiesdecreasedby139.74%,whichweremainlyduetothedecreasedproductsalesandsalesrevenueseriouslyinfluencedbytheCOVID-19epidemic;totaloperatingcostandoperatingcostdecreasedby53%and50.7%respectively,mainlyduetothedeclineinsalesvolume;thesalesexpensesdecreasedby68.55%,mainlyduetothecompany’sdecreasedmarketingactivitiesthatwereseverelyaffectedbytheCOVID-19epidemic;thefinancialexpensesincreasedby193.12%,mainlyduetothebankloansdiscountreceivedinthesameperiodoflastyearbutnointhisreportperiod.
2.Analysisexplanationofmajorissue’sprocess,influenceandsolution
?Available?NotavailableImplementationprogressofsharerepurchase?Available?NotavailableImplementationprogressofreducingorrepurchasingsharesbythewayofcentralizedbidding?Available?Notavailable
3.ThecommitmentsthattheCompany’sactualcontrollers,shareholders,relatedparties,
purchasers,theCompanyandotherrelatedpartiesdonotimplementcompletely
exceedingthetimelimitwithinreportperiod?Available?Notavailable
Commitments | CommitmentParty | CommitmentType | Commitmentcontent | Commitmenttime | Commitmentperiod | Implementation |
Commitmentsatsharereform | - | - | ||||
Commitmentsmadeinacquisitionreportorequitychangesreport | - | - | - | - | ||
Commitmentsatassetrestructuring | - | - | - | - | ||
Commitmentsattheinitialpublicofferingorrefinancing | YantaiChangyuGroupCo.,Ltd. | Solvehorizontalcompetition | Non-horizontalcompetition | 1997.05.18 | Permanent | Hasbeenfulfillingthecommitment |
YantaiChangyuGroupCo.,Ltd. | Definetheuseoftrademarkusefee | AccordingtoTrademarkLicenseContract,theannualtrademarkusefeeoftrademarksincluding“张裕”(Changyu)paidbytheCompanytoYantaiChangyuGroupCo.,Ltd.shouldbemainlyusedbyYantaiChangyuGroupCo.,Ltd.topublicizetrademarksincluding“张裕”(Changyu)andcontractualproducts. | 1997.05.18 | 1997.05.18to2019.04.04 | AccordingtoTrademarkLicenseContract,theannualtrademarkusefeechargedbyYantaiChangyuGroupCo.,Ltd.shouldbemainlyusedtopublicizetrademarksincluding“张裕”(Changyu)andcontractualproducts.Excepttheperiodfrom2013to2017whenYantaiChangyuGroupCo.,Ltd.didn’tstrictlyfulfillthecommitment,YantaiChangyuGroupCo.,Ltd.hasbeenfulfillingthecommitment. | |
Equityincentivecommitments |
CommitmentsmadetotheminorityshareholdersoftheCompany | YantaiChangyuGroupCo.,Ltd. | Compensatingunredeemedcommitment | TheCNY231,768,615thatwasnotusedforpublicityoftrademarksandcontractproductsaspromisedwillbeoffsetbythefour-yeartrademarkusefeefrom2019to2022.Ifinsufficient,theshortfallwouldbefilledinonetimein2023.Ifthereisanyexcess,theexcessportionofthetrademarkusefeewouldbecollectedfromtheyearwithexcessoccurrence. | 2019.04.04 | 2019.04.04to2023.12.31 | Hasbeenfulfillingthecommitment |
Commitmentundertimelyimplementationornot | No | |||||
Forcommitmentsthatexceedthetimelimitandarenotcompleted,specificreasonsofnotcompletingtheimplementationandthenextstep | AccordingtoTrademarkLicenseContract(hereafterreferredtoas“thisContract”),ChangyuGrouppromisedthattheannualtrademarkusefeepaidbytheCompanytoChangyuGroupwouldbemainlyusedbyChangyuGrouptopublicizethesetrademarksandcontractualproducts.However,theabove-mentioned"mainly"isnotaspecificnumber.Duringtheimplementationprocess,duetoinconsistentunderstanding,itiseasytocausedivergenceandleadstoproblems.From2013to2017,ChangyuGroupcollectedatotalofCNY420,883,902trademarkusefee,ofwhich51%wasusedtopublicizetrademarksincludingChangyuandcontractproductswithamountofCNY214,650,790.TheamounthasbeenusedtopublicizetrademarksincludingChangyuandcontractproductsisCNY50,025,181,withabalanceofCNY164,625,609.In2018and2019,thetrademarkusefeecollectedof2017and2018isCNY155,623,907,ofwhich51%isusedtopublicizetrademarksincludingChangyuandcontractproductswithamountofCNY79,368,193.TheamounthasbeenusedtopublicizetrademarksincludingChangyuandcontractproductsis |
CNY12,225,187,withabalanceofCNY67,143,006.Since2013,theaccumulatedbalanceofChangyuGroupusingtopublicizetrademarksincludingChangyuandcontractproductsisCNY231,768,615.IfChangyuGroupisnotabletoimplementtheabove-mentionedcommitmentowingtovariousreasons,theCompanywilltimelysuperviseandurgeChangyuGrouptofulfillitscommitmentandrequestChangyuGrouptoraisefundsthroughbankloaning,assetssalesandequitysalesetc.inordertoimplementthecommitment.Bytheendof2019,theCompanyhasusedthetrademarkusefeeofCNY38,094,295,whichshallbepaidtoChangyuGroupin2019tosetoffagainsttheabovebalance;bytheendofthisreportingperiod,thebalanceoftrademarkusefeethatthisCompanycouldusetosetofftoChangyuGroupisCNY193,674,320.Fordetailedinformation,pleaserefertoAnnouncementofCommitmentIssuesofYantaiChangyuGroupCo.,Ltd.disclosedonApril4
th
,2019.
4.Situationofsecurityinvestment
?Available?NotavailableThereisnosecurityinvestmentduringthereportperiod.
5.EntrustedInvestment
?Available?NotavailableThereisnoentrustedinvestmentduringthereportperiod.
6.Situationofderivativeinvestment
?Available?NotavailableThereisnoderivativeinvestmentduringthereportperiod.
7.Theactivitiesregistrationformofreceptions,communicationandinterviewetc.during
thereportperiod?Available?NotavailableTherearenoactivitiesofreceptions,communicationandinterviewetc.duringthereportperiod.
8.Situationofillegalexternalguarantee
?Available?NotavailableThereisnoillegalexternalguaranteeduringthereportperiod.
9.Situationofnon-operatingfundoccupationofcontrollingshareholdersandrelatedparties
?Available?NotavailableThereisnonon-operatingfundoccupationofcontrollingshareholdersandrelatedpartiesduringthereportperiod.
IVFinancialStatements
1.FinancialStatements
1)Consolidatedbalancesheet
Preparation:YantaiChangyuPioneerWineCo.,Ltd.Unit:CNY
Item | March31st,2020 | December31st,2019 |
CurrentAssets: | ||
Monetaryfund | 1,357,943,341 | 1,565,783,980 |
Pettycash | ||
Lendingfunds | ||
Transactionalfinancialassets | ||
Derivativefinancialassets | ||
Notesreceivable | ||
Accountsreceivable | 232,296,773 | 266,218,153 |
ReceivablesFinancing | 337,822,516 | 316,470,229 |
Accountsprepaid | 67,133,372 | 67,707,537 |
Premiumsreceivable | ||
Reinsuranceaccountsreceivable | ||
Receivablereservesforreinsurancecontract | ||
Otherreceivables | 25,950,169 | 24,246,812 |
Including:Interestreceivable | 449,266 | 148,927 |
Dividendsreceivable | ||
Buyingbackthesaleoffinancialassets | ||
Inventory | 2,937,821,383 | 2,872,410,407 |
Contractassets | ||
Assetsclassifiedasholdingforsale | ||
Non-currentassetsexpireinoneyear | ||
Othercurrentassets | 240,803,606 | 267,424,938 |
TotalCurrentAssets | 5,199,771,160 | 5,380,262,056 |
Non-currentAssets: | ||
Offeringloansandimprest | ||
Debtinvestment | ||
Otherdebtinvestment | ||
Long-termaccountreceivable | ||
Long-termequityinvestment | 43,476,178 | 43,981,130 |
Investmentinotherequityinstrument | ||
Othernon-currentfinancialassets |
Realestateforinvestment | 28,920,958 | 29,714,586 |
Fixedassets | 5,865,801,057 | 5,894,068,898 |
Constructioninprogress | 621,599,900 | 567,478,833 |
Biologicalassetsforproduction | 198,575,539 | 202,425,286 |
Oilandgasassets | ||
Right-of-useassets | ||
Intangibleassets | 646,302,332 | 651,946,355 |
Developmentexpenditure | ||
Goodwill | 141,859,193 | 141,859,193 |
Long-termdeferredexpenses | 274,212,143 | 277,595,408 |
Deferredtaxassets | 239,290,853 | 264,926,503 |
Othernon-currentassets | 187,981,697 | 193,674,320 |
TotalNon-CurrentAssets | 8,248,019,850 | 8,267,670,512 |
TotalAssets | 13,447,791,010 | 13,647,932,568 |
Currentliabilities: | ||
Short-termloan | 691,022,499 | 754,313,744 |
BorrowingsfromtheCentralBank | ||
Borrowingfunds | ||
Transactionalfinancialliability | ||
Derivativefinancialliabilities | ||
Notespayable | ||
Accountspayable | 552,989,893 | 570,252,612 |
Advancesfromcustomers | 120,609,499 | |
Contractliabilities | 123,372,585 | |
Sales/buybackfinancialassets | ||
Customerandinterbankdeposits | ||
Actingtradingsecurities | ||
Actingunderwritingsecurities | ||
Wagepayable | 194,884,308 | 234,459,116 |
Taxpayable | 172,919,622 | 375,169,971 |
Otheraccountspayable | 325,552,930 | 450,532,485 |
Including:Interestpayable | 1,603,064 | 758,047 |
Dividendpayable | ||
Payablehandlingfeesandcommission | ||
Dividendpayableforreinsurance | ||
Liabilitiesclassifiedasholdingforsale | ||
Non-currentliabilitiesexpireinoneyear | 123,518,455 | 150,826,221 |
Othercurrentliabilities | ||
TotalCurrentLiabilities | 2,184,260,292 | 2,656,163,648 |
Non-CurrentLiabilities: | ||
Insurancecontractreserve | ||
Long-termborrowings | 204,000,823 | 128,892,501 |
Bondspayable |
PreferredStock | ||
Perpetualcapitalsecurities | ||
Leaseliability | ||
Long-termaccountspayable | 169,000,000 | 191,000,000 |
Long-termaccruedpayroll | ||
Estimatedliabilities | ||
Deferredincome | 66,161,819 | 70,701,288 |
Deferredtaxliabilities | 13,486,479 | 14,691,424 |
Othernon-currentliabilities | 7,645,777 | 7,645,777 |
Totalnon-currentliabilities | 460,294,898 | 412,930,990 |
Totalliabilities | 2,644,555,190 | 3,069,094,638 |
Owner’sequity(orshareholders’equity): | ||
Capitalstock | 685,464,000 | 685,464,000 |
Otherequityinstruments | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Capitalreserve | 565,050,422 | 565,050,422 |
Minus:treasurystock | ||
Othercomprehensiveincome | -11,973,061 | -4,235,583 |
Specialreserves | ||
Surplusreserve | 342,732,000 | 342,732,000 |
Generalriskpreparation | ||
Undistributedprofits | 8,953,028,818 | 8,719,899,359 |
Totalowner'sequityattributabletotheholdingcompany | 10,534,302,179 | 10,308,910,198 |
Minorityinterests | 268,933,641 | 269,927,732 |
Totalowner'sequity | 10,803,235,820 | 10,578,837,930 |
Totalliabilitiesandowner'sequity | 13,447,791,010 | 13,647,932,568 |
Legalrepresentative:ZhouHongjiang;Personinchargeofaccounting:JiangJianxun;Personinchargeofaccountingorgan:GuoCuimei
2)Balancesheetofparentcompany
Unit:CNY
Item | March31st,2020 | December31st,2019 |
CurrentAssets: | ||
Monetaryfund | 573,970,392 | 710,505,269 |
Transactionalfinancialassets | ||
Derivativefinancialassets | ||
Notesreceivable | ||
Accountsreceivable | 1,005,195 | 1,988,326 |
ReceivablesFinancing | 61,558,184 | 41,679,635 |
Accountsprepaid | 776,539 | 776,539 |
Otherreceivables | 398,120,944 | 586,424,958 |
Including:Interestreceivable | 299,598 | 90,355 |
Dividendsreceivable | 121,503,907 | 200,000,000 |
Inventory | 489,003,304 | 434,007,808 |
Contractassets | ||
Assetsclassifiedasholdingforsale | ||
Non-currentassetsexpireinoneyear | ||
Othercurrentassets | 38,346,117 | 39,130,466 |
TotalCurrentAssets | 1,562,780,675 | 1,814,513,001 |
Non-currentAssets: | ||
Debtinvestment | ||
Otherdebtinvestment | ||
Long-termaccountreceivable | ||
Long-termequityinvestment | 7,432,422,620 | 7,432,422,620 |
Investmentinotherequityinstrument | ||
Othernon-currentfinancialassets | ||
Realestateforinvestment | 28,920,958 | 29,714,586 |
Fixedassets | 255,270,487 | 261,137,072 |
Constructioninprogress | ||
Biologicalassetsforproduction | 119,259,703 | 121,414,096 |
Oilandgasassets | ||
Right-of-useassets | ||
Intangibleassets | 64,270,125 | 64,864,914 |
Developmentexpenditure | ||
Goodwill | ||
Long-termdeferredexpenses | ||
Deferredtaxassets | 15,619,247 | 16,255,870 |
Othernon-currentassets | 1,527,700,000 | 1,427,700,000 |
TotalNon-CurrentAssets | 9,443,463,140 | 9,353,509,158 |
TotalAssets | 11,006,243,815 | 11,168,022,159 |
Currentliabilities: | ||
Short-termloan | 150,000,000 | 150,000,000 |
Transactionalfinancialliability | ||
Derivativefinancialliabilities | ||
Notespayable | ||
Accountspayable | 44,141,853 | 63,655,240 |
Advancesfromcustomers | ||
Contractliabilities | ||
Wagepayable | 64,942,821 | 70,445,847 |
Taxpayable | 929,580 | 6,052,456 |
Otheraccountspayable | 533,165,191 | 660,149,563 |
Including:Interestpayable | 160,890 | 181,250 |
Dividendpayable |
Liabilitiesclassifiedasholdingforsale | ||
Non-currentliabilitiesexpireinoneyear | ||
Othercurrentliabilities | ||
TotalCurrentLiabilities | 793,179,445 | 950,303,106 |
Non-CurrentLiabilities: | ||
Long-termborrowings | ||
Bondspayable | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Leaseliability | ||
Long-termaccountspayable | ||
Long-termaccruedpayroll | ||
Estimatedliabilities | ||
Deferredincome | 8,300,728 | 9,176,315 |
Deferredtaxliabilities | ||
Othernon-currentliabilities | 3,146,706 | 3,146,707 |
Totalnon-currentliabilities | 11,447,434 | 12,323,022 |
Totalliabilities | 804,626,879 | 962,626,128 |
Owner’sequity(orshareholders’equity): | ||
Capitalstock | 685,464,000 | 685,464,000 |
Otherequityinstruments | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Capitalreserve | 557,222,454 | 557,222,454 |
Minus:treasurystock | ||
Othercomprehensiveincome | ||
Specialreserves | ||
Surplusreserve | 342,732,000 | 342,732,000 |
Undistributedprofits | 8,616,198,482 | 8,619,977,577 |
Totalowner'sequity | 10,201,616,936 | 10,205,396,031 |
Totalliabilitiesandowner'sequity | 11,006,243,815 | 11,168,022,159 |
Unit:CNY
Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
1.Revenue | 800,586,544 | 1,667,424,758 |
Including:Operatingincome | 800,586,544 | 1,667,424,758 |
Interestincome | ||
Earnedpremium | ||
Handlingfeesandcommissionincome | ||
2.Totaloperatingcosts | 501,275,026 | 1,066,576,146 |
Including:Operatingcosts | 296,611,909 | 601,688,193 |
Interestexpenditure | ||
Handlingfeesandcommissionexpenditure | ||
Premiumrebate | ||
Netamountofindemnityexpenditure | ||
Netamountofinsurancecontractreservefundwithdrawal | ||
Policybonuspayment | ||
Amortizedreinsuranceexpenditures | ||
Taxesandsurcharges | 42,868,342 | 67,002,049 |
Sellingexpenses | 100,167,854 | 318,512,447 |
Administrativeexpenses | 58,450,503 | 81,023,493 |
Researchanddevelopmentexpenditure | 717,857 | 990,219 |
Financialexpenses | 2,458,561 | -2,640,255 |
Including:Interestexpenses | 1,340,165 | 1,827,791 |
Interestincome | 2,920,565 | 2,420,094 |
Plus:Otherincome | 6,701,749 | 6,172,178 |
Investmentprofit(lossislistedwith"-") | -504,952 | |
Including:Investmentprofitforjoint-runbusinessandjointventure | -504,952 | |
Terminationofrecognizedincomeoffinancialassetsmeasuredatamortizedcost(lossislistedwith"-") | ||
Exchangeincome(lossislistedwith"-") | ||
Netexposurehedgingincome(Lossislistedwith“-”) | ||
Fairvaluechargeprofit(lossislistedwith"-") | ||
Lossofcreditimpairment(lossislistedwith"-") | 4,879,060 | |
Lossforimpairmentofassets(lossislistedwith"-") | 65,237 | 5,064,706 |
Assetsdisposalincome(lossislistedwith"-") | 1,138 | |
3.Operatingprofit(lossislistedwith"-") | 310,452,612 | 612,086,634 |
Plus:Non-operatingincome | 3,495,969 | 1,262,992 |
Minus:Non-operatingexpenditure | 798,521 | 3,429 |
4.Totalprofits(totallossislistedwith"-") | 313,150,060 | 613,346,197 |
Minus:Incometaxes | 79,402,353 | 157,428,397 |
5.Netprofit(netlossislistedwith"-") | 233,747,707 | 455,917,800 |
(一)Classificationbycontinuousoperation | ||
1.Netprofitfromcontinuousoperation(netlossislistedwith"-") | ||
2.Netprofitfromterminationaloperation(netlossislistedwith"-") | ||
(二)Classificationbyownership | ||
1.Netprofitsattributetoequityholdersofthecompany | 233,129,459 | 456,381,471 |
2.Minorityinterests | 618,248 | -463,671 |
6.Netvalueofothercomprehensiveincomeaftertax | -9,349,817 | -8,882,651 |
6.1Netvalueofothercomprehensiveincomeaftertaxofholdingcompany'sowners | -7,737,478 | -7,286,081 |
6.1.1Othercomprehensiveincomethatwillnotbeclassifiedintotheprofitandloss | ||
6.1.1.1Changesofthedefinedbenefitplansthatre-measured | ||
6.1.1.2Othercomprehensiveincomeunderequitymethodthatcannotbetransfertogain/loss | ||
6.1.1.3Changeoffairvalueofinvestmentinotherequityinstrument | ||
6.1.1.4Fairvaluechangeofenterprise'screditrisk | ||
6.1.1.5Other | ||
6.1.2Othercomprehensiveincomethatwillbeclassifiedintotheprofitandloss | -7,737,478 | -7,286,081 |
6.1.2.1Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss | ||
6.1.2.2Changeoffairvalueofotherdebtinvestment | ||
6.1.2.3Amountoffinancialassetsre-classifytoothercomprehensiveincome | ||
6.1.2.4Creditimpairmentprovisionforotherdebtinvestment | ||
6.1.2.5Cashflowhedgingreserve | ||
6.1.2.6Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements | -7,737,478 | -7,286,081 |
6.1.2.7Other | ||
6.2Netvalueofothercomprehensiveincomeaftertaxofminorityshareholders | -1,612,339 | -1,596,570 |
7.TotalcomprehensiveIncome | 224,397,890 | 447,035,149 |
Totalcomprehensiveincomeofholdingcompany | 225,391,981 | 449,095,390 |
Totalcomprehensiveincomeofminorityshareholders | -994,091 | -2,060,241 |
8.Earningspershare | ||
8.1Basicearningspershare | 0.34 | 0.67 |
8.2Dilutedearningspershare | 0.34 | 0.67 |
Duringthisreportperiod,theissuerelatestocompanyconsolidationundercommoncontrol,consolidatedpartycompletesnetprofitamountofCNY0beforebeingconsolidated,andconsolidatedpartycompletesnetprofitamountofCNY0inthesameperiodoflastyear.Legalrepresentative:ZhouHongjiang;Personinchargeofaccounting:JiangJianxun;Personinchargeofaccountingorgan:GuoCuimei
4)Profitstatementofparentcompany
Unit:CNY
Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
1.Revenue | 80,885,723 | 242,003,808 |
Minus:Operatingcosts | 75,083,735 | 213,607,081 |
Taxesandsurcharges | 1,297,141 | 8,712,074 |
Sellingexpenses | ||
Administrativeexpenses | 18,193,114 | 20,122,062 |
Researchanddevelopmentexpenditure | 186,498 | 219,892 |
Financialexpenses | -6,073,212 | -4,343,667 |
Including:Interestexpenses | -4,587,790 | -4,311,896 |
Interestincome | 1,656,341 | 489,663 |
Plus:Otherincome | 898,901 | 858,264 |
Investmentprofit(lossislistedwith"-") | ||
Including:Investmentprofitforjoint-runbusinessandjointventure | ||
Terminationofrecognizedincomeoffinancialassetsmeasuredatamortizedcost(lossislistedwith"-") | ||
Netexposurehedgingincome(Lossislistedwith“-”) | ||
Fairvaluechargeprofit(lossislistedwith"-") | ||
Lossofcreditimpairment(lossislistedwith"-") | -71,879 | |
Lossforimpairmentofassets(lossislistedwith"-") | ||
Assetsdisposalincome(lossislistedwith"-") | ||
2.Operatingprofit(lossislistedwith"-") | -6,974,531 | 4,544,630 |
Plus:Non-operatingincome | 1,639,361 | 539,265 |
Minus:Non-operatingexpenses | 25,000 | |
3.Totalprofits(totallossislistedwith"-") | -5,360,170 | 5,083,895 |
Minus:Incometax | -1,581,075 | 1,410,940 |
4.Netprofit(netlossislistedwith"-") | -3,779,095 | 3,672,955 |
1.Netprofitfromcontinuousoperation(netlossislistedwith"-") | -3,779,095 | 3,672,955 |
2.Netprofitfromterminationaloperation(netlossislistedwith"-") | ||
5.Netvalueofothercomprehensiveincomeaftertax | ||
5.1Othercomprehensiveincomethatwillnotbeclassifiedintotheprofitandloss | ||
5.1.1Remeasurethechangesinnetassetsorliabilitiesofdefinedbenefitplans | ||
5.1.2Sharesofothercomprehensiveincomefrominvesteewhichcannotbereclassifiedintoprofitandlossundertheequitymethod | ||
5.1.3Changeoffairvalueofinvestmentinotherequityinstrument | ||
5.1.4Fairvaluechangeofenterprise'screditrisk |
5.1.5Other | ||
5.2Othercomprehensiveincomethatwillbeclassifiedintotheprofitandloss | ||
5.2.1Othercomprehensiveincomeunderequitymethodthatcantransfertogain/loss | ||
5.2.2Changeoffairvalueofotherdebtinvestment | ||
5.2.3Amountoffinancialassetsre-classifytoothercomprehensiveincome | ||
5.2.4Creditimpairmentprovisionforotherdebtinvestment | ||
5.2.5Cashflowhedgingreserve | ||
5.2.6Translationdifferencesarisingontranslationofforeigncurrencyfinancialstatements | ||
5.2.7Other | ||
6.Totalcomprehensiveincome | -3,779,095 | 3,672,955 |
7.Earningspershare | ||
7.1Basicearningspershare | -0.01 | 0.01 |
7.2Dilutedearningspershare | -0.01 | 0.01 |
Unit:CNY
Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
1.Cashflowsfromoperatingactivities: | ||
Cashreceivedfromsalesofgoodsandrendingofservices | 777,333,801 | 1,542,378,382 |
Netincreaseincustomerandinterbankdeposits | ||
Netincreaseinborrowingsfromcentralbank | ||
Netincreaseinborrowingsfromotherfinancialinstitutions | ||
Cashreceivedfromreceivinginsurancepremiumoforiginalinsurancecontract | ||
Netcashreceivedfromreinsurancebusiness | ||
Netincreaseofdepositofinsuredandinvestmentfund | ||
Netincreaseindisposingoffinancialassetsthatmeasuredbyfairvaluewithchangesrecordedintothecurrentprofitandloss | ||
Cashreceivedfromcollectinginterest,handlingfeesandcommission | ||
Netincreaseinborrowings | ||
Netincreaseinrepurchasementbusinessfunds | ||
Taxrefundreceived | 9,399,269 | 9,948,082 |
Othercashreceivedrelatedtooperatingactivities | 7,611,919 | 11,283,776 |
Sub-totalofcashinflowsofoperatingactivities | 794,344,989 | 1,563,610,240 |
Cashpaidforgoodsandservices | 330,117,098 | 461,343,969 |
Netincreaseincustomerloansandadvances | ||
Netincreaseindepositsincentralbankandinterbankdeposits | ||
Cashpaidtooriginalinsurancecontractpayments |
Netincreaseinlendingfunds | ||
Cashpaidtointerest,handlingfeesandcommission | ||
Cashpaidtopolicybonus | ||
Cashpaidtoandonbehalfofemployees | 133,530,418 | 162,305,720 |
Cashpaidfortaxesandexpenses | 356,905,177 | 401,268,381 |
Othercashpaidrelatedtooperatingactivities | 90,892,241 | 244,013,828 |
Sub-totalofcashoutflowsofoperatingactivities | 911,444,934 | 1,268,931,898 |
Netcashflowfromoperatingactivities | -117,099,945 | 294,678,342 |
2.Cashflowfrominvestingactivities: | ||
Cashreceivedfromreturnofinvestment | 0 | |
Fixeddepositwiththetermofover3months | 32,200,000 | 26,755,750 |
Cashreceivedfromobtaininginvestmentprofit | 0 | |
Cashreceivedfrominterestincome | 697,156 | 484,857 |
Cashreceivedfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | 146,938 | 21,379 |
Netcashreceivedfromdisposalofbranchandotherbusinessunit | ||
Othercashreceivedrelatedtoinvestingactivities | ||
Sub-totalofcashinflowsofinvestmentactivities | 33,044,094 | 27,261,986 |
Cashpaidtoacquirefixedassets,intangibleassetandotherlong-termassets | 49,322,227 | 114,280,901 |
Cashforinvestments | 0 | |
Fixeddepositwiththetermofover3months | 32,754,396 | 20,458,100 |
Netincreaseinhypothecatedloan | ||
Netcashpaidtoacquirebranchandotherbusinessunit | ||
Othercashpaidrelatedtoinvestmentactivities | ||
Subtotalofcashoutflowsofinvestmentactivities | 82,076,623 | 134,739,001 |
Netcashflowfrominvestingactivities | -49,032,529 | -107,477,015 |
3.Cashflowfromfinancingactivities | ||
Cashreceivedfromacquiringinvestment | ||
Cashreceivedfromacquiringminorityshareholders'investmentbybranch | ||
Cashreceivedfromacquiringloans | 164,447,222 | 78,214,913 |
Cashreceivedfromissuingbonds | ||
Sub-totalcashinflowsoffinancingactivities | 164,447,222 | 78,214,913 |
Cashpaidtorepaydebts | 199,877,909 | 64,904,847 |
Cashpaidtodistributedividend,profitorpayinterest | 6,678,347 | 8,203,612 |
Dividendandprofitpaidtominorityshareholdersbybranch | ||
Othercashpaidrelatedtofinancingactivities | ||
Sub-totalofcashoutflowsoffinancingactivities | 206,556,256 | 73,108,459 |
Netcashflowfromfinancingactivities | -42,109,034 | 5,106,454 |
4.Influencesofexchangeratefluctuationoncashandcashequivalents | -109,441 | -468,104 |
5.NetIncreaseofcashandcashequivalents | -208,350,949 | 191,839,677 |
Plus:balanceatthebeginningoftheperiodofcashandcashequivalents | 1,365,772,675 | 1,206,860,334 |
6.Balanceattheendoftheperiodofcashandcashequivalents | 1,157,421,726 | 1,398,700,011 |
Unit:CNY
Item | Amountincurredincurrentperiod | Amountincurredinpreviousperiod |
1.Cashflowsfromoperatingactivities: | ||
Cashreceivedfromsalesofgoodsandrendingofservices | 115,544,590 | 171,139,612 |
Taxrefundreceived | ||
Othercashreceivedrelatedtooperatingactivities | 13,720,041 | 13,968,773 |
Sub-totalofcashinflowsofoperatingactivities | 129,264,631 | 185,108,385 |
Cashpaidforgoodsandservices | 122,591,995 | 115,043,734 |
Cashpaidtoandonbehalfofemployees | 17,199,260 | 28,667,432 |
Cashpaidfortaxesandexpenses | 4,853,193 | 17,016,423 |
Othercashpaidrelatedtooperatingactivities | 101,579,010 | 75,568,493 |
Sub-totalofcashoutflowsofoperatingactivities | 246,223,458 | 236,296,082 |
Netcashflowfromoperatingactivities | -116,958,827 | -51,187,697 |
2.Cashflowfrominvestingactivities: | ||
Cashreceivedfromreturnofinvestment | ||
Fixeddepositwiththetermofover3months | 12,200,000 | |
Cashreceivedfromobtaininginvestmentprofit | 82,099,880 | 347,863,838 |
Cashreceivedfrominterestincome | 142,759 | |
Cashreceivedfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | ||
Netcashreceivedfromdisposalofbranchandotherbusinessunit | ||
Othercashreceivedrelatedtoinvestingactivities | ||
Sub-totalofcashinflowsofinvestmentactivities | 94,442,639 | 347,863,838 |
Cashpaidtoacquirefixedassets,intangibleassetandotherlong-termassets | 556,491 | 8,209,927 |
Cashforinvestments | 13,000,000 | |
Fixeddepositwiththetermofover3months | 12,200,000 | 12,200,000 |
Netcashpaidtoacquirebranchandotherbusinessunit | ||
Othercashpaidrelatedtoinvestmentactivities | 100,000,000 | |
Subtotalofcashoutflowsofinvestmentactivities | 112,756,491 | 33,409,927 |
Netcashflowfrominvestingactivities | -18,313,852 | 314,453,911 |
3.Cashflowfromfinancingactivities | ||
Cashreceivedfromacquiringinvestment | ||
Cashreceivedfromacquiringloans | ||
Othercashreceivedrelatedtofinancingactivities | ||
Sub-totalcashinflowsoffinancingactivities |
Cashpaidtorepaydebts | ||
Cashpaidtodistributedividend,profitorpayinterest | 1,411,688 | 1,631,250 |
Othercashpaidrelatedtofinancingactivities | ||
Sub-totalofcashoutflowsoffinancingactivities | 1,411,688 | 1,631,250 |
Netcashflowfromfinancingactivities | -1,411,688 | -1,631,250 |
4.Influencesofexchangeratefluctuationoncashandcashequivalents | ||
5.NetIncreaseofcashandcashequivalents | -136,684,367 | 261,634,964 |
Plus:balanceatthebeginningoftheperiodofcashandcashequivalents | 623,116,542 | 532,384,882 |
6.Balanceattheendoftheperiodofcashandcashequivalents | 486,432,175 | 794,019,846 |
1)Relevantsituationsofadjustmentinfinancialstatementatthebeginningof2020whenthenewrevenuestandardsandnewleasestandardsarefirstimplemented?Available?NotavailableConsolidatedbalancesheet
Unit:CNY
Item | December31st,2019 | January1st,2020 | Adjustment |
CurrentAssets: | |||
Monetaryfund | 1,565,783,980 | 1,565,783,980 | |
Pettycash | |||
Lendingfunds | |||
Transactionalfinancialassets | |||
Derivativefinancialassets | |||
Notesreceivable | |||
Accountsreceivable | 266,218,153 | 266,218,153 | |
ReceivablesFinancing | 316,470,229 | 316,470,229 | |
Accountsprepaid | 67,707,537 | 67,707,537 | |
Premiumsreceivable | |||
Reinsuranceaccountsreceivable | |||
Receivablereservesforreinsurancecontract | |||
Otherreceivables | 24,246,812 | 24,246,812 | |
Including:Interestreceivable | 148,927 | 148,927 | |
Dividendsreceivable | |||
Buyingbackthesaleoffinancialassets | |||
Inventory | 2,872,410,407 | 2,872,410,407 | |
Contractassets | |||
Assetsclassifiedasholdingforsale |
Non-currentassetsexpireinoneyear | |||
Othercurrentassets | 267,424,938 | 267,424,938 | |
TotalCurrentAssets | 5,380,262,056 | 5,380,262,056 | |
Non-currentAssets: | |||
Offeringloansandimprest | |||
Debtinvestment | |||
Otherdebtinvestment | |||
Long-termaccountreceivable | |||
Long-termequityinvestment | 43,981,130 | 43,981,130 | |
Investmentinotherequityinstrument | |||
Othernon-currentfinancialassets | |||
Realestateforinvestment | 29,714,586 | 29,714,586 | |
Fixedassets | 5,894,068,898 | 5,894,068,898 | |
Constructioninprogress | 567,478,833 | 567,478,833 | |
Biologicalassetsforproduction | 202,425,286 | 202,425,286 | |
Oilandgasassets | |||
Right-of-useassets | |||
Intangibleassets | 651,946,355 | 651,946,355 | |
Developmentexpenditure | |||
Goodwill | 141,859,193 | 141,859,193 | |
Long-termdeferredexpenses | 277,595,408 | 277,595,408 | |
Deferredtaxassets | 264,926,503 | 264,926,503 | |
Othernon-currentassets | 193,674,320 | 193,674,320 | |
TotalNon-CurrentAssets | 8,267,670,512 | 8,267,670,512 | |
TotalAssets | 13,647,932,568 | 13,647,932,568 | |
Currentliabilities: | |||
Short-termloan | 754,313,744 | 754,313,744 | |
BorrowingsfromtheCentralBank | |||
Borrowingfunds | |||
Transactionalfinancialliability | |||
Derivativefinancialliabilities | |||
Notespayable | |||
Accountspayable | 570,252,612 | 570,252,612 | |
Advancesfromcustomers | 120,609,499 | -120,609,499 | |
Contractliabilities | 106,734,070 | 106,734,070 | |
Sales/buybackfinancialassets | |||
Customerandinterbankdeposits | |||
Actingtradingsecurities | |||
Actingunderwritingsecurities | |||
Wagepayable | 234,459,116 | 234,459,116 | |
Taxpayable | 375,169,971 | 389,045,400 | 13,875,429 |
Otheraccountspayable | 450,532,485 | 450,532,485 |
Including:Interestpayable | 758,047 | 758,047 |
Dividendpayable | ||
Payablehandlingfeesandcommission | ||
Dividendpayableforreinsurance | ||
Liabilitiesclassifiedasholdingforsale | ||
Non-currentliabilitiesexpireinoneyear | 150,826,221 | 150,826,221 |
Othercurrentliabilities | ||
TotalCurrentLiabilities | 2,656,163,648 | 2,656,163,648 |
Non-CurrentLiabilities: | ||
Insurancecontractreserve | ||
Long-termborrowings | 128,892,501 | 128,892,501 |
Bondspayable | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Leaseliability | ||
Long-termaccountspayable | 191,000,000 | 191,000,000 |
Long-termaccruedpayroll | ||
Estimatedliabilities | ||
Deferredincome | 70,701,288 | 70,701,288 |
Deferredtaxliabilities | 14,691,424 | 14,691,424 |
Othernon-currentliabilities | 7,645,777 | 7,645,777 |
Totalnon-currentliabilities | 412,930,990 | 412,930,990 |
Totalliabilities | 3,069,094,638 | 3,069,094,638 |
Owner’sequity(orshareholders’equity): | ||
Capitalstock | 685,464,000 | 685,464,000 |
Otherequityinstruments | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Capitalreserve | 565,050,422 | 565,050,422 |
Minus:treasurystock | ||
Othercomprehensiveincome | -4,235,583 | -4,235,583 |
Specialreserves | ||
Surplusreserve | 342,732,000 | 342,732,000 |
Generalriskpreparation | ||
Undistributedprofits | 8,719,899,359 | 8,719,899,359 |
Totalowner'sequityattributabletotheholdingcompany | 10,308,910,198 | 10,308,910,198 |
Minorityinterests | 269,927,732 | 269,927,732 |
Totalowner'sequity | 10,578,837,930 | 10,578,837,930 |
Totalliabilitiesandowner'sequity | 13,647,932,568 | 13,647,932,568 |
Balancesheetofparentcompany
Unit:CNY
Item | December31st,2019 | January1st,2020 | Adjustment |
CurrentAssets: | |||
Monetaryfund | 710,505,269 | 710,505,269 | |
Transactionalfinancialassets | |||
Derivativefinancialassets | |||
Notesreceivable | |||
Accountsreceivable | 1,988,326 | 1,988,326 | |
ReceivablesFinancing | 41,679,635 | 41,679,635 | |
Accountsprepaid | 776,539 | 776,539 | |
Otherreceivables | 586,424,958 | 586,424,958 | |
Including:Interestreceivable | 90,355 | 90,355 | |
Dividendsreceivable | 200,000,000 | 200,000,000 | |
Inventory | 434,007,808 | 434,007,808 | |
Contractassets | |||
Assetsclassifiedasholdingforsale | |||
Non-currentassetsexpireinoneyear | |||
Othercurrentassets | 39,130,466 | 39,130,466 | |
TotalCurrentAssets | 1,814,513,001 | 1,814,513,001 | |
Non-currentAssets: | |||
Debtinvestment | |||
Otherdebtinvestment | |||
Long-termaccountreceivable | |||
Long-termequityinvestment | 7,432,422,620 | 7,432,422,620 | |
Investmentinotherequityinstrument | |||
Othernon-currentfinancialassets | |||
Realestateforinvestment | 29,714,586 | 29,714,586 | |
Fixedassets | 261,137,072 | 261,137,072 | |
Constructioninprogress | |||
Biologicalassetsforproduction | 121,414,096 | 121,414,096 | |
Oilandgasassets | |||
Right-of-useassets | |||
Intangibleassets | 64,864,914 | 64,864,914 | |
Developmentexpenditure | |||
Goodwill | |||
Long-termdeferredexpenses | |||
Deferredtaxassets | 16,255,870 | 16,255,870 | |
Othernon-currentassets | 1,427,700,000 | 1,427,700,000 |
TotalNon-CurrentAssets | 9,353,509,158 | 9,353,509,158 |
TotalAssets | 11,168,022,159 | 11,168,022,159 |
Currentliabilities: | ||
Short-termloan | 150,000,000 | 150,000,000 |
Transactionalfinancialliability | ||
Derivativefinancialliabilities | ||
Notespayable | ||
Accountspayable | 63,655,240 | 63,655,240 |
Advancesfromcustomers | ||
Contractliabilities | ||
Wagepayable | 70,445,847 | 70,445,847 |
Taxpayable | 6,052,456 | 6,052,456 |
Otheraccountspayable | 660,149,563 | 660,149,563 |
Including:Interestpayable | 181,250 | 181,250 |
Dividendpayable | ||
Liabilitiesclassifiedasholdingforsale | ||
Non-currentliabilitiesexpireinoneyear | ||
Othercurrentliabilities | ||
TotalCurrentLiabilities | 950,303,106 | 950,303,106 |
Non-CurrentLiabilities: | ||
Long-termborrowings | ||
Bondspayable | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Leaseliability | ||
Long-termaccountspayable | ||
Long-termaccruedpayroll | ||
Estimatedliabilities | ||
Deferredincome | 9,176,315 | 9,176,315 |
Deferredtaxliabilities | ||
Othernon-currentliabilities | 3,146,707 | 3,146,707 |
Totalnon-currentliabilities | 12,323,022 | 12,323,022 |
Totalliabilities | 962,626,128 | 962,626,128 |
Owner’sequity(orshareholders’equity): | ||
Capitalstock | 685,464,000 | 685,464,000 |
Otherequityinstruments | ||
PreferredStock | ||
Perpetualcapitalsecurities | ||
Capitalreserve | 557,222,454 | 557,222,454 |
Minus:treasurystock | ||
Othercomprehensiveincome | ||
Specialreserves | ||
Surplusreserve | 342,732,000 | 342,732,000 |
Undistributedprofits | 8,619,977,577 | 8,619,977,577 |
Totalowner'sequity | 10,205,396,031 | 10,205,396,031 |
Totalliabilitiesandowner'sequity | 11,168,022,159 | 11,168,022,159 |
2)Explanationonretrospectiveadjustmentsinthepreviouscomparisondataforthefirstimplementationofnewrevenuestandardsandnewleasestandardsatthebeginningof2020?Available?Notavailable
3.Auditreport
Whetherthefirstquarterreporthasbeenaudited.
?
Yes
?
No
Thefirstquarterreporthasnotbeenaudited.
YantaiChangyuPioneerWineCo.,Ltd.
BoardofDirectors
April29
th
,2020