CSG HOLDING CO., LTD.
THE THIRD QUARTER REPORT 2021
Chairman of the Board:
CHEN LIN
October 2021
Stock code: 000012; 200012 Short form of the stock: CSG A; CSG B Notice No.: 2021-047Bond code: 149079 Short form of the bond:20 CSG 01
THE THIRD QUARTER REPORT 2021The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurateand complete, and there are no any fictitious statements, misleading statements, or important omissions carried inthis report.
Important Content Notice
1. Board of Directors and the Supervisory Committee of CSG Holding Co., Ltd. (hereinafter referred to as theCompany) and its directors, supervisors and senior executives hereby confirm that there are no any fictitiousstatements, misleading statements, or important omissions carried in this report, and shall take all responsibilities,individual and/or joint, for the facticity, accuracy and completeness of the whole contents.
2. Principal of the Company, responsible person in charge of accounting and principal of the financial department(accounting officer) confirm that the Financial Report enclosed in the Third Quarter Report of 2021 of theCompany is true, accurate and complete.
3. Whether the third quarter report has been audited or not
□Yes √No
This report is prepared both in Chinese and English. Should there be any inconsistency between the Chinese andEnglish versions, the Chinese version shall prevail.I. Main financial data(I) Main accounting data and financial indicesWhether retrospective adjustment has been carried out on financial reports of previous periods or not
□Yes √No
The report period | Increase/decrease in comparison with the same period of the previous year | From 1 January to 30 September 2021 | Increase/decrease in comparison with the same period of 2020 | |
Operating income (RMB) | 3,632,036,581 | 19.32% | 10,246,839,119 | 37.20% |
Net profit attributable to shareholders of the listed company (RMB) | 157,313,336 | -53.09% | 1,509,830,801 | 107.73% |
Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | 135,934,112 | -56.68% | 1,465,748,640 | 117.99% |
Net cash flow arising from operating activities (RMB) | —— | —— | 2,635,490,553 | 57.52% |
Basic earnings per share (RMB/Share) | 0.05 | -54.55% | 0.49 | 104.17% |
Diluted earnings per share (RMB/Share) | 0.05 | -54.55% | 0.49 | 104.17% |
Weighted average ROE | 1.39% | -1.99% | 13.96% | 6.57% |
The end of the report period | The end of the previous year | Increase/decrease in comparison with the end of the previous year | ||
Total assets (RMB ) | 19,427,394,585 | 17,882,914,898 | 8.64% | |
Net assets attributable to shareholders of the Company (RMB ) | 11,414,758,913 | 10,212,989,847 | 11.77% |
(II) Items and amounts of non-recurring profit and loss
√Applicable □Not applicable
Unit: RMB
Item | The report period | Amount from the beginning of year to the end of the report period | Note |
Gains/losses from the disposal of non-current asset (including the write-off that accrued for impairment of assets) | -1,909,809 | -1,772,171 | |
Governmental subsidy reckoned into current gains/losses (not including the subsidy enjoyed in quota or ration according to national standards, which are closely relevant to enterprise’s business) | 22,378,464 | 57,162,536 | |
In addition to the effective hedging business related to the normal business of the company, the profit and loss from changes in fair value arising from the holding of trading financial assets, trading financial liabilities, and the investment income from the disposal of trading financial assets, trading financial liabilities and available for sale financial assets | 5,155,457 | 8,827,787 | |
Other non-operating income and expenditure except for the aforementioned items | -803,413 | -9,713,600 | |
Less: Impact on income tax | 2,975,335 | 8,360,220 | |
Impact on minority shareholders’ equity (post-tax) | 466,140 | 2,062,171 | |
Total | 21,379,224 | 44,082,161 | -- |
Details of other profit and loss items that meet the definition of non-recurring profit and loss:
□Applicable √Not applicable
The Company had no other specific circumstances of profit and loss items that meet the definition of non-recurring profit and loss.Explanation on those non-recurring profit (gains)/loss listed in the “Q&A Announcement No.1 on Information Disclosure forCompanies Offering Their Securities to the Public --- Non-recurring Profit and Loss” defined as recurring profit and loss
□Applicable √Not applicable
It did not exist that items defined as recurring profit and loss according to the lists of non-recurring profit and loss in the “Q&AAnnouncement No.1 on Information Disclosure for Companies Offering Their Securities to the Public --- Non-recurring Profit andLoss” in the report period.(III) Particulars and explanations about significant changes in main accounting data and financial indices
√Applicable □Not applicable
Unit: RMB'0,000
Item of balance sheet | Note | 30 September 2021 | 31 December 2020 | Increased/Decreased amount | Rate |
Notes receivable | (1) | 11,736 | 20,797 | -9,061 | -44% |
Accounts receivable | (2) | 107,800 | 68,147 | 39,653 | 58% |
Trading financial assets | (3) | 100,000 | - | 100,000 | - |
Advance payments | (4) | 16,029 | 8,593 | 7,436 | 87% |
Inventory | (5) | 116,511 | 81,516 | 34,995 | 43% |
Right-of-use assets | (6) | 906 | - | 906 | - |
Development expenditure | (7) | 8,504 | 4,915 | 3,589 | 73% |
Long-term deferred expenses | (8) | 292 | 1,038 | -746 | -72% |
Deferred income tax assets | (9) | 26,810 | 19,498 | 7,312 | 38% |
Other non-current assets | (10) | 62,781 | 19,336 | 43,445 | 225% |
Short-term borrowings | (11) | 23,029 | 35,290 | -12,261 | -35% |
Notes payable | (12) | 23,594 | 14,485 | 9,109 | 63% |
Long-term payables | (13) | 20,246 | - | 20,246 | - |
Item of income statement | Note | From January to September 2021 | From January to September 2020 | Increased/Decreased amount | Rate |
Operating income | (14) | 1,024,684 | 746,828 | 277,856 | 37% |
R&D expenses | (15) | 37,069 | 26,542 | 10,527 | 40% |
Financial expenses | (16) | 11,927 | 18,432 | -6,505 | -35% |
Credit impairment losses | (17) | 772 | 551 | 221 | 40% |
Asset impairment losses | (18) | 69,845 | 10,201 | 59,644 | 585% |
Investment income | (19) | 883 | - | 883 | - |
Asset disposal income | (20) | -177 | -119 | -58 | 49% |
Non-operating income | (21) | 1,079 | 635 | 444 | 70% |
Income tax expenses | (22) | 33,703 | 19,438 | 14,265 | 73% |
Net amount of other comprehensive income after tax | (23) | 142 | -200 | 342 | - |
Note:
(1) The decrease in notes receivable was mainly due to the decrease in notes of some companies.
(2) The increase in accounts receivable was mainly due to the increase in revenue of architectural glass companies.
(3) The increase in trading financial assets was mainly due to the purchase of structured deposits.
(4) The increase in advance payments was mainly due to the increase in advance payment for materials of some companies.
(5) The increase in inventory was mainly due to the increase in raw material stocking and finished product inventory.
(6) The increase in right-of-use assets was mainly due to adjustments in accordance with the new lease standards.
(7) The increase in development expenditure was mainly due to the increase in R&D investment.
(8) The decrease in long-term deferred expenses was mainly due to the adjustment in accordance with the new lease standard.
(9) The increase in deferred income tax assets was mainly due to the provision of asset impairment losses.
(10) The increase in other non-current assets was mainly due to prepayments for construction equipment of some companies'construction projects.
(11) The decrease in short-term borrowings was mainly due to the repayment of part of the borrowings.
(12) The increase in notes payable was mainly due to the increase in newly issued notes in the current period.
(13) The increase in long-term payables was mainly due to the financial leasing business carried out by some companies.
(14) The increase in operating income was mainly due to the increase in glass prices and the increase in electronic glass productioncapacity.
(15) The increase in R&D expenses was mainly due to the increase in R&D investment.
(16) The decrease in financial expenses was mainly due to the decrease in interest expenses.
(17) The increase in credit impairment losses was mainly due to the increase in accounts receivable of some companies.
(18) The increase in asset impairment losses was mainly due to the provision of asset impairment losses.
(19) The increase in investment income was mainly due to the increase in income from the purchase of structured deposits.
(20) Changes in asset disposal income were mainly due to the disposal of non-current assets.
(21) The increase in non-operating income was mainly due to claim income and unpaid payments.
(22) The increase in income tax expenses was mainly due to the increase in total profits.
(23) The increase in net amount of other comprehensive income after tax was mainly due to changes in the translation differences inforeign currency statements.II. Shareholder information
(I) Particulars about the total number of common shareholders and preference shareholders with votingrights recovered as well as the shareholdings of the top ten shareholders
Unit: Share
Total number of common shareholders at the end of the report period | 171,273 | Total number of preference shareholders with voting rights recovered at end of report period (if applicable) | 0 | ||||||
Particulars about the shareholdings of the top ten shareholders | |||||||||
Name of shareholder | Nature of shareholder | Proportion of shares held (%) | Amount of shares held | Amount of restricted shares held | Number of share pledged, marked or frozen | ||||
Share status | Amount | ||||||||
Foresea Life Insurance Co., Ltd. – HailiNiannian | Domestic non state-owned legal person | 15.19% | 466,386,874 |
Foresea Life Insurance Co., Ltd. – Universal Insurance Products | Domestic non state-owned legal person | 3.86% | 118,425,007 | ||||||
Zhongshan Runtian Investment Co., Ltd. | Domestic non state-owned legal person | 2.82% | 86,633,447 | Frozen and marked | 86,633,447Note | ||||
Hong Kong Securities Clearing Company Limited | Foreign legal person | 2.20% | 67,481,241 | ||||||
Foresea Life Insurance Co., Ltd. – Own Fund | Domestic non state-owned legal person | 2.11% | 64,765,161 | ||||||
China Merchants Securities (HK) Co., Limited | State-owned legal person | 1.35% | 41,604,598 | ||||||
China Galaxy International Securities (Hong Kong) Co., Limited | Foreign legal person | 1.34% | 41,219,778 | ||||||
Bank of China Limited - China Merchants Ruiwen Hybrid Securities Investment fund | Other | 0.96% | 29,561,168 | ||||||
MORGAN STANLEY & CO. INTERNATIONAL PLC | Foreign legal person | 0.85% | 26,002,636 | ||||||
VANGUARD EMERGING MARKETS STOCK INDEX FUND | Foreign legal person | 0.69% | 21,266,997 | ||||||
Particulars about top ten shareholders with unrestricted shares held | |||||||||
Name of shareholder | Amount of unrestricted shares held | Type of shares | |||||||
Type | Amount | ||||||||
Foresea Life Insurance Co., Ltd. – HailiNiannian | 466,386,874 | RMB ordinary shares | 466,386,874 | ||||||
Foresea Life Insurance Co., Ltd. – Universal Insurance Products | 118,425,007 | RMB ordinary shares | 118,425,007 | ||||||
Zhongshan Runtian Investment Co., Ltd. | 86,633,447 | RMB ordinary shares | 86,633,447 | ||||||
Hong Kong Securities Clearing Company Limited | 67,481,241 | RMB ordinary shares | 67,481,241 | ||||||
Foresea Life Insurance Co., Ltd. – Own Fund | 64,765,161 | RMB ordinary shares | 64,765,161 | ||||||
China Merchants Securities (HK) Co., Limited | 41,604,598 | Domestically listed foreign shares | 41,604,598 | ||||||
China Galaxy International Securities (Hong Kong) Co., Limited | 41,219,778 | Domestically listed foreign shares | 41,219,778 | ||||||
Bank of China Limited - China Merchants Ruiwen Hybrid | 29,561,168 | RMB ordinary shares | 29,561,168 |
Securities Investment fund | |||
MORGAN STANLEY & CO. INTERNATIONAL PLC | 26,002,636 | Domestically listed foreign shares | 26,002,636 |
VANGUARD EMERGING MARKETS STOCK INDEX FUND | 21,266,997 | Domestically listed foreign shares | 21,266,997 |
Statement on associated relationship or consistent action among the above shareholders: | Among shareholders as listed above, Foresea Life Insurance Co., Ltd.-HailiNiannian, Foresea Life Insurance Co., Ltd.-Universal Insurance Products, Foresea Life Insurance Co., Ltd.-Own Fund are all held by Foresea Life Insurance Co., Ltd.. Zhongshan Runtian Investment Co., Ltd. is a related legal person of Foresea Life Insurance Co., Ltd. and Chengtai Group Co., Ltd., another related legal person of Foresea Life Insurance Co., Ltd, which held 40,187,904 shares via China Galaxy International Securities (Hong Kong) Co., Limited. Except for the above-mentioned shareholders, it is unknown whether other shareholders belong to related party or have associated relationship regulated by the Management Regulation of Information Disclosure on Change of Shareholding for Listed Companies. | ||
Description of the top 10 shareholders participating in margin trading (if applicable) | N/A |
Note: On September 22, 2021, 3,447 shares of the Company held by Zhongshan Runtian Investment Co., Ltd. were judicially frozen,and 86,630,000 shares of the Company held by it were judicially marked.(II) Total number of preference shareholders and particulars about the shareholdings of the top tenpreference shareholders
□Applicable √Not applicable
III. Other important matters
√Applicable □ Not applicable
1. Ultra-short-term financing bills
On June 15, 2020, the Company the third extraordinary general meeting of shareholders 2020 deliberated and approved the proposalon application for registration and issuance of ultra-short-term financing bills and medium-term notes, which agreed that theCompany should register and issue ultra-short-term financing bills with a registered amount not exceeding 1.5 billion yuan (the limitis not subject to the limit of 40% of net assets).With the period of validity of the quota not longer than two years, suchultra-short-term financing bills will be issued by installments in accordance with the actual capital needs of the Company and thesituation of inter-bank market funds. On September 4, 2020, the NAFMII held its 102nd registration meeting in 2020 and decided toaccept the registration of ultra-short-term financing bills with a total of 1.5 billion yuan and a validity period of two years.
2. Medium-term notes
On April 15, 2016, the Shareholders’ General Meeting of 2015 of CSG deliberated and approved the proposal of application for
registration and issuance of medium-term notes with total amount of RMB 0.8 billion, which could be issued by stages within periodof validity of the registration according to the Company’s actual demands for funds and the status of inter-bank funds. On 2 March2018, National Association of Financial Market Institutional Investors (NAFMII) held the 14th registration meeting of 2018, inwhich NAFMII decided to accept the registration of the Company’s medium-term notes, amounting to RMB 0.8 billion and valid fortwo years. Shanghai Pudong Development Bank Co., Ltd. and China CITIC Bank Corporation Limited were joint lead underwritersof these medium-term notes which could be issued by stages within period of validity of the registration. On May 4, 2018, thecompany issued the first medium-term notes with a total amount of 800 million yuan and a term of three years. The issue rate was7%, and the redemption date was May 4, 2021.On June 15, 2020, the Third Extraordinary Shareholders’ General Meeting 2020 of CSG deliberated and approved the proposal onapplication for registration and issuance of ultra-short-term financing bills and medium-term notes, which agreed that the Companyshould register and issue medium-term notes with a registered amount not exceeding 1.5 billion yuan. With the period of validity ofthe quota not longer than two years, such ultra-short-term financing bills will be issued by installments in accordance with the actualcapital needs of the Company and the situation of inter-bank market funds. On September 4, 2020, the NAFMII held the 102ndregistration meeting in 2020 and decided to accept the company's registration of medium-term notes with a total of 1.5 billion yuanand a validity period of two years.
3. Public issuance of corporate bonds
On March 2, 2017, the 2nd Extraordinary General Meeting of Shareholders in 2017 reviewed and approved “the Proposal on thePublic Issuance of Corporate Bonds for Qualified Investors”. On February 27, 2019, the First Extraordinary General Meeting ofShareholders in 2019 The “Proposal on Extending the Validity Period of the Shareholders' Meeting for the Public Offering ofCorporate Bonds to Qualified Investors” agreed to issue corporate bonds with a total issue of no more than RMB 2 billion and a termof no more than 10 years. On June 26, 2019, the Company received the “Approval of Approving CSG Holding Co., Ltd. to IssueCorporate Bonds to Qualified Investors” issued by China Securities Regulatory Commission (ZJXK [2019] No. 1140). On March 24,2020 and March 25, 2020, the Company issued the first batch of corporate bonds with total amount of RMB 2 billion and valid termof 3 years at the issuance rate of 6%, which will be redeemed on March 25, 2023.On March 12, 2020, the First Extraordinary General Meeting of Shareholders in 2020 reviewed and approved “the Proposal on thePublic Issuance of Corporate Bonds for Qualified Investors”, agreed to issue corporate bonds with a total issue of no more than RMB
1.8 billion and a term of no more than 10 years. On April 22, 2020, the Company received the “Approval of Approving CSG HoldingCo., Ltd. to Issue Corporate Bonds to Qualified Investors” issued by China Securities Regulatory Commission (ZJXK[2020] No.
784).
4. Non-public issuance of A shares
The interim meeting of the 8th board of directors of the Company held on March 5, 2020 deliberated and approved the relatedproposals of non-public issuance of A shares, and agreed the Company to issue A shares privately. The proposals were deliberatedand approved by the 2nd Extraordinary General Meeting of Shareholders of 2020 which held on April 16, 2020. In May 2020, theCompany received the first feedback notice on the examination of administrative licensing projects of China Securities RegulatoryCommission (No. 200819) issued by the China Securities Regulatory Commission, and published “Announcement on Reply to theFeedback of Application Documents For Non-public Offering of A shares” and “Announcement on the Revised Reply to theFeedback of Application Documents For Non-public Offering of A shares” on June 8, 2020 and June 29, 2020 respectively. On June5, 2020, the Company held an interim meeting of the 9th board of directors, deliberated and approved the relevant proposals onadjusting the Company's non-public issuance of A shares. On July 6, 2020, the Issuance Audit Committee of China SecuritiesRegulatory Commission reviewed the Company's application for non-public issuance of A shares. According to the audit results, theCompany's application for non-public issuance of A shares was approved. On July 22, 2020, the Company received the “Reply on theApproval of Non-public Issuance of Shares of CSG” (ZJXK [2020] No. 1491) issued by China Securities Regulatory Commission.After obtaining the approval, the Company actively worked with intermediaries to promote various work concerning the non-public
issuance of A shares. However, in view of changes in many factors such as the capital market environment, industrial development,the Company’s market value performance and the timing of equity financing, the Company did not implement this non-publicissuance of A shares within the validity period of the approval document. The approval for the non-public issuance of A sharesexpired automatically. For details, please refer to the “Announcement on the Expiration of the Approval for the Non-public Issuanceof A Shares” (Announcement No.: 2021-034) disclosed by the Company on July 15, 2021.
For details, please refer to Juchao website (www.cninfo.com.cn).
IV. Quarterly financial statement(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by CSG Holding Co., Ltd.
Unit: RMB
Item | 30 September 2021 | 31 December 2020 |
Current asset: | ||
Monetary capital | 1,871,402,444 | 2,125,788,903 |
Notes receivable | 117,363,021 | 207,966,892 |
Accounts receivable | 1,078,003,576 | 681,467,133 |
Receivables financing | 344,259,699 | 382,527,782 |
Trading financial assets | 1,000,000,000 | |
Prepayments | 160,293,540 | 85,928,641 |
Other receivables | 232,093,751 | 200,969,854 |
Including: interest receivable | 548,689 | |
Accounts receivable | 1,165,109,257 | 815,156,318 |
Other current assets | 120,908,913 | 140,031,544 |
Total current assets | 6,089,434,201 | 4,639,837,067 |
Non-current assets: | ||
Investment real estate | 383,084,500 | 383,084,500 |
Fixed assets | 8,439,734,838 | 9,145,644,569 |
Construction in progress | 2,123,573,540 | 1,893,380,611 |
Right-of-use assets | 9,062,969 | |
Intangible assets | 1,165,254,268 | 1,139,718,255 |
Development expenditure | 85,037,981 | 49,153,407 |
Goodwill | 233,375,693 | 233,375,693 |
Long-term prepaid expenses | 2,923,547 | 10,381,937 |
Deferred tax assets | 268,099,276 | 194,979,414 |
Other non-current assets | 627,813,772 | 193,359,445 |
Total non-current assets | 13,337,960,384 | 13,243,077,831 |
Total assets | 19,427,394,585 | 17,882,914,898 |
Current liabilities: | ||
Short-term loan | 230,285,400 | 352,895,571 |
Notes payable | 235,943,376 | 144,851,192 |
Accounts payable | 1,359,921,873 | 1,237,833,051 |
Contractual liabilities | 316,240,169 | 296,776,624 |
Payroll payable | 319,285,365 | 342,352,166 |
Taxes payable | 233,426,746 | 194,921,071 |
Other payables | 268,422,045 | 287,332,992 |
Including: interest payable | 65,413,335 | 132,133,902 |
Non-current liabilities due within one year | 815,934,639 | 927,531,709 |
Other current liabilities | 36,668,284 | 34,586,292 |
Total current liabilities | 3,816,127,897 | 3,819,080,668 |
Non-current liabilities: | ||
Long term borrowing | 884,662,776 | 853,253,983 |
Bonds payable | 1,995,930,764 | 1,994,020,348 |
Long-term payables | 202,460,278 | |
Deferred income | 576,362,198 | 498,056,081 |
Deferred income tax liabilities | 104,696,207 | 102,619,932 |
Total non-current liabilities | 3,764,112,223 | 3,447,950,344 |
Total Liabilities | 7,580,240,120 | 7,267,031,012 |
Owners' equity: | ||
Share capital | 3,070,692,107 | 3,070,692,107 |
Capital reserve | 596,997,085 | 596,997,085 |
Other comprehensive income | 163,231,872 | 161,816,819 |
Special reserves | 7,861,425 | 10,269,002 |
Surplus reserve | 1,036,948,422 | 1,036,948,422 |
Undistributed profit | 6,539,028,002 | 5,336,266,412 |
Total owner's equity attributable to the parent company | 11,414,758,913 | 10,212,989,847 |
Minority shareholders' equity | 432,395,552 | 402,894,039 |
Total owner's equity | 11,847,154,465 | 10,615,883,886 |
Total Liabilities and Owner's Equity | 19,427,394,585 | 17,882,914,898 |
Legal Representative:Chen Lin Principal in charge of accounting:Wang Jian Principal of the financial department:Wang Wenxin
2. Consolidated income statement from the beginning of the year to the end of the report period
Unit: RMB
Item | Balance of this period | Balance of last period |
I. Total operating income | 10,246,839,119 | 7,468,278,057 |
Including: operating income | 10,246,839,119 | 7,468,278,057 |
II. Total operating costs | 7,722,584,968 | 6,476,096,799 |
Including: Operating costs | 6,400,847,816 | 5,201,703,098 |
Taxes and surcharges | 111,599,883 | 86,665,765 |
sales expense | 190,489,551 | 264,434,345 |
Management costs | 529,685,405 | 473,556,859 |
R&D expenses | 370,688,508 | 265,421,722 |
Financial expenses | 119,273,805 | 184,315,010 |
Including: interest expense | 143,830,594 | 217,928,435 |
Interest income | 29,711,739 | 36,919,131 |
Plus: other income | 58,931,951 | 72,359,096 |
Investment income (“-” for loss) | 8,827,787 | |
Credit impairment loss (“-” for loss) | -7,717,483 | -5,508,104 |
Asset impairment loss (“-” for loss) | -698,445,226 | -102,013,755 |
Asset disposal income (“-” for loss) | -1,772,171 | -1,188,304 |
III. Operating profit (“-” for loss) | 1,884,079,009 | 955,830,191 |
Plus: non-operating income | 10,787,406 | 6,346,088 |
Less: non-operating expenses | 20,501,006 | 18,755,012 |
IV. Gross profit (“-” for loss) | 1,874,365,409 | 943,421,267 |
Less: Income tax expenses | 337,033,095 | 194,384,275 |
V. Net profit (“-” for net loss) | 1,537,332,314 | 749,036,992 |
(I) Classification by business continuity | ||
1. Net profit from continuing operations (“-” for net loss) | 1,537,332,314 | 749,036,992 |
2. Net profit from discontinued operations (“-” for net loss) | ||
(II) )Classification by ownership | ||
1. Net profit attributable to the owners of parent company | 1,509,830,801 | 726,820,239 |
2. Minor shareholders’ equity | 27,501,513 | 22,216,753 |
VI. Net amount of other gains after tax | 1,415,053 | -2,003,696 |
Net amount of other gains after tax attributable to owners of parent company | 1,415,053 | -2,003,696 |
(I)Other comprehensive income that will be reclassified into profit or loss | 1,415,053 | -2,003,696 |
1. Foreign currency financial statement translation difference | 1,415,053 | -2,003,696 |
VII. Total of misc. incomes | 1,538,747,367 | 747,033,296 |
Total of misc. incomes attributable to the owners of the parent company | 1,511,245,854 | 724,816,543 |
Total misc gains attributable to the minor shareholders | 27,501,513 | 22,216,753 |
VIII. Earnings per share: | ||
(I) Basic earnings per share | 0.49 | 0.24 |
(II) Diluted earnings per share | 0.49 | 0.24 |
Legal Representative:Chen Lin Principal in charge of accounting:Wang Jian Principal of the financial department:Wang Wenxin
3. Consolidated cash flow statement from the beginning of the year to the end of the report period
Unit: RMB
Item | Balance of this period | Balance of last period |
I. Net cash flow from business operation | ||
Cash received from sales of products and providing of services | 11,135,251,168 | 7,925,278,113 |
Tax returned | 44,144,512 | 39,215,039 |
Other cash received from business operation | 221,571,516 | 127,134,715 |
Sub-total of cash inflow from business activities | 11,400,967,196 | 8,091,627,867 |
Cash paid for purchasing of merchandise and services | 6,134,735,322 | 4,434,760,362 |
Cash paid to staffs or paid for staffs | 1,268,412,819 | 1,032,873,072 |
Taxes paid | 971,119,640 | 507,631,010 |
Other cash paid for business activities | 391,208,862 | 443,241,064 |
Sub-total of cash outflow from business activities | 8,765,476,643 | 6,418,505,508 |
Net cash flow generated by business operation | 2,635,490,553 | 1,673,122,359 |
II. Cash flow generated by investing | ||
Cash received from investment recovery | 2,524,000,000 | |
Cash received from investment income | 8,279,098 |
Net cash retrieved from disposal of fixed assets, intangible assets, and other long-term assets | 2,854,205 | 1,079,253 |
Other investment-related cash received | 51,141,888 | 378,880,449 |
Sub-total of cash inflow due to investment activities | 2,586,275,191 | 379,959,702 |
Cash paid for construction of fixed assets, intangible assets and other long-term assets | 1,273,366,856 | 759,625,919 |
Cash paid for investment | 3,624,000,000 | |
Other cash paid for investment activities | 57,353,540 | 61,491,512 |
Sub-total of cash outflow due to investment activities | 4,954,720,396 | 821,117,431 |
Net cash flow generated by investment | -2,368,445,205 | -441,157,729 |
III. Cash flow generated by financing | ||
Absorb cash received from investment | 2,000,000 | |
Including: cash received by the subsidiary from absorbing minority shareholders' investment | 2,000,000 | |
Cash received as loans | 1,002,602,692 | 2,135,739,841 |
Cash received from bond issuance | 1,991,680,000 | |
Other financing-related cash received | 206,137,185 | 3,819,801 |
Subtotal of cash inflow from financing activities | 1,210,739,877 | 4,131,239,642 |
Cash to repay debts | 1,204,775,831 | 4,483,618,135 |
Cash paid as dividend, profit, or interests | 524,060,118 | 419,266,696 |
Other cash paid for financing activities | 2,262,281 | 503,297,544 |
Subtotal of cash outflow due to financing activities | 1,731,098,230 | 5,406,182,375 |
Net cash flow generated by financing | -520,358,353 | -1,274,942,733 |
IV. Influence of exchange rate alternation on cash and cash equivalents | -1,073,454 | -1,289,658 |
V. Net increase of cash and cash equivalents | -254,386,459 | -44,267,761 |
Plus: Balance of cash and cash equivalents at the beginning of term | 2,124,028,196 | 1,831,835,030 |
VI. Balance of cash and cash equivalents at the end of term | 1,869,641,737 | 1,787,567,269 |
(II) Note to the Adjustment of Financial Statements
1. Adjustment of financial statements at the beginning of the year according to the implementation of thenew lease standard for the first time from 2021
√Applicable □Not applicable
Whether it is necessary to adjust the balance sheet accounts at the beginning of the year
√Yes □No
According to the "Accounting Standards for Business Enterprises No. 21-Leases" (hereinafter referred to as the New Lease Standards)issued by the Ministry of Finance of the People's Republic of China in December 2018, companies that are listed at the same timeboth domestically and overseas as well as those listed overseas and adopt financial reporting standards or companies that implementthe Accounting Standards for Business Enterprises shall take effect on January 1, 2019; other companies that implement theAccounting Standards for Business Enterprises shall take effect on January 1, 2021.The main impacts of the implementation of the new lease standard on the company's financial statements on January 1, 2021 are asfollows:
Unit: RMB
Item | December 31, 2020 | January 1, 2021 | Adjust data |
Long-term prepaid expenses | 10,381,937 | 741,179 | -9,640,758 |
Right-of-use asset | 9,640,758 | 9,640,758 | |
Total | 10,381,937 | 10,381,937 |
2. Explanation of the retrospective adjustment of the previous comparative data of the new lease standardfor the first time from 2021
□ Applicable √Not applicable
(III) Report of the AuditorsWhether the Third Quarter Report has been audited or not
□ Yes √ No
The Third Quarter Report hasn’t been audited.
Board of Directors ofCSG Holding Co., Ltd.30 October 2021