Stockcode:000045StockAbbreviation:ShenTextileA,ShenTextileBAnnouncementNo.:2022-14
ShenzhenTextile(Group)Co.,LTDTheFirstQuarter2022Report
Importantcontentreminder:
1.TheBoardofDirectors,TheSupervisoryCommittee,thesupervisorsandthedirectorsoftheCompanyguaranteethattherearenosignificantomissions,fictitiousormisleadingstatementscarriedintheReportandwewillacceptindividualandjointresponsibilitiesforthetruthfulness,accuracyandcompletenessoftheReport.
2.PrincipaloftheCompany,PersoninChargeofAccountingWorksandPersoninChargeofAccountingOrgan(AccountingOfficer)herebyconfirmthattheFinancialReportoftheFirstQuarterlyReportisauthentic,accurateandcomplete.
3.WhethertheFirstQuarterlyReporthasbeenauditedornot
□Yes√No
4.ThisReporthasbeenpreparedinbothChineseandEnglish,incaseanydiscrepancy,theChineseversionshallprevail.I.Mainfinancialdata
(I)MainaccountingdataandfinancialindexesWhetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot
□Yes√No
ThemembersoftheBoardandtheCompanyacknowledgebeingresponsibleforthetruthfulness,accuracy,andcompletenessoftheannouncement.Notanyfalserecord,misleadingstatementorsignificantomissioncarriedinthisannouncement.Thisperiod
| Thisperiod | Sameperiodoflastyear | Increase/decreasefromyear-begintoperiod-endcomparedwiththesameperiodofthepreviousyear | |
| Operatingincome(RMB) | 670,551,882.04 | 552,950,209.39 | 21.27% |
| Netprofitattributabletotheshareholdersofthelistedcompany（Yuan） | 17,625,745.18 | 42,776,335.85 | -58.80% |
| Netprofitafterdeductingofnon-recurringgain/lossattributabletotheshareholdersoflistedcompany（Yuan） | 15,102,181.63 | 39,905,925.26 | -62.16% |
| Cashflowgeneratedbybusinessoperation,net（Yuan） | -65,966,923.49 | -75,288,004.27 | 12.38% |
| Basicearningpershare(Yuan/Share) | 0.0348 | 0.0842 | -58.67% |
| Dilutedgainspershare(Yuan/Share) | 0.0348 | 0.0842 | -58.67% |
| Weightedaveragereturnonequity（%） | 0.62% | 1.53% | -0.91% |
| Endofthisperiod | Endoflastperiod | Changesofthisperiod-endoversameperiod-endoflastyear(%) | |
| Grossassets（Yuan） | 5,614,397,580.92 | 5,496,647,107.83 | 2.14% |
| Netassetsattributabletotheshareholdersofthelistedcompany（Yuan） | 2,834,412,300.14 | 2,816,795,889.89 | 0.63% |
（II）Itemsandamountofnon-currentgainsandlosses
√Applicable□Notapplicable
Unit:yuan
| project | Amountofthisreportingperiod | explain |
| Non-currentassetdisposalgain/loss(includingthewrite-offpartforwhichassetsimpairmentprovisionismade) | -12,114.72 | |
| GovernmentalSubsidyaccountedascurrentgain/loss,exceptforthosesubsidiesatwithamountorquantityfixedbythenationalgovernmentandcloselyrelatedtotheCompany’sbusinessoperation. | 4,300,287.54 | Otherbenefitsofgovernmentsubsidiesthatareconfirmedrelatedtothemainbusiness |
| Netamountofnon-operatingincomeandexpenseexcepttheaforesaiditems | -93,647.44 | |
| Less:Influencedamountofincometax | 11,413.84 | |
| Influencedamountofminorshareholders’equity(aftertax) | 1,659,547.99 | |
| Total | 2,523,563.55 | -- |
Othergain/lossitemsthatqualifiedthedefinitionofnon-recurringprofit(gains)/losses:
□Applicable√NotapplicableTheCompanydoesnothaveothergain/lossitemsthatqualifiedthedefinitionofnon-recurringprofit(gains)/lossesExplanationonthosenon-recurringgain/losslistedinthe“Q&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss”definedasrecurringgain/loss
□Applicable√NotapplicableTheCompanydoesnothavethenon-recurringgain/losslistedinthe“Q&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---ExtraordinaryProfit/loss”definedasrecurringgain/loss(III)Particularsaboutchangesinitemsofmainaccountingdataandfinancialindexandexplanationsofreasons
√Applicable□Notapplicable
Thereportingperiodattributabletoshareholdersofthesameperiodlastyear,themainreason:oneisthelargeTVpolarizedlightindustrializationproject(line7),line7hasnotbeenputintoproductioninthesecondhalfof2021,highfixedassetsdepreciationandamortization,resultinginhigherproductunitmanufacturingcost,andtheline7aftertheconsolidationprojectloaninterestof7.6999millionyuaninthesameperiodlastyear.ExcludingtheincomparablefactorssuchastheclimbingofLine7andtheliquidationincomeofsubsidiaries,despitetheadversefactorssuchasthedecliningmarketandtherisingrawmaterialpricesinthesecondhalfoflastyear,thecompanyhasmaintainedasteadyoperatingperformanceinthisreportingperiodcomparedwiththesameperiodoflastyearbyfurtheroptimizingtheproductandcustomerstructureandimprovingtheleanmanagementlevelcomparedwiththesameperiodoflastyear.Atpresent,theyieldandlossrateandothertechnicalindicatorsofLine7haveimprovedmonthbymonth,theproductioncapacityhasincreased,andthecompany'soperatingperformanceisimprovingmonthbymonth.ThemainproductsofLine7havebeencompletedthroughcustomerverification,theordervolumehasbeengraduallyincreased,andtheunitmanufacturingcostoftheproductshasbeengraduallyreduced.WiththesmoothclimbingprogressofLine7,thesubsequentproductswillhaveapositiveimpactonthecompany'sbusinessperformance.
| Items | Endingbalance(RMB10,000) | Operaingbalance(RMB10,000) | Changesratio | Reasonsofchanges |
| Monetaryfunds | 12,186.80 | 30,247.28 | -59.71% | Itismainlycausedbythepurchaseofmoneyfunds,investmentinLine7andGuangzhouRTPprojectsduringthereportingperiod. |
| Notesreceivable | 2,983.82 | 14,994.29 | -80.10% | Itismainlyduetothematurityandacceptanceofnotesreceivableduringthereportingperiod. |
| Accountreceivable | 63,186.38 | 47,999.87 | 31.64% | Mainlyduetotheincreaseofpolarizerbusinesssalesrevenueduringthereportingperiod. |
| Financingreceivable | 6,098.40 | 2,147.41 | 183.99% | Mainlyduetotheincreaseofpolarizerbusinesssalesrevenueduringthereportingperiod. |
| Prepayments | 6,709.56 | 1,540.66 | 335.50% | Mainlyduetotheincreaseofprepaidmaterialsduringthereportingperiod. |
| Othercurrentassets | 8,525.52 | 2,950.34 | 188.97% | Thisismainlyduetotheincreaseintheinputtaxexpected. |
| Constructioninprocess | 1,709.75 | 7,148.20 | -76.08% | MainlyduetothereportingperiodGuangzhouRTPprojectunderconstructiontosolid. |
| Items | Amountattheperiod（RMB10,000) | Amountatthesameperiodoflastyear(RMB10,000) | Changesratio | Reasonsofchanges |
| Operatingincome | 67,055.19 | 55,295.02 | 21.27% | ItismainlycausedbytheincreaseofpolarizerbusinesssalesafterthemassproductionofLine7duringthereportingperiod. |
| Operatingcosts | 57,967.15 | 42,781.74 | 35.50% | Itismainlyduetotheyear-on-yearincreaseofoperatingrevenueandtheincreaseofsimultaneousoperatingcosts.However,duetothelowsalesgrossprofitmarginofnewline7productsduringthereportingperiod,thegrowthofoperatingcostsexceededthegrowthofoperatingrevenue. |
| Creditimpairmentloss | -416.89 | 3.75 | -11219.63% | Itismainlycausedbytheincreaseinaccountsreceivableandthecorrespondingincreaseinbaddebtprovisionduringthereportingperiod. |
| Operatingprofit | 2,499.21 | 6,882.35 | -63.69% | DuetothemainfactthatLine7isstillintheclimbingperiod,thehighmanufacturingcostoftheproductunit,theloaninterestofLine7isrecordedinthereportingperiod;theincomefromtheliquidationandcancellationofthesubsidiaryinthesameperiodoflastyear. |
| Totalprofit | 2,489.84 | 6,882.00 | -63.82% | DuetothemainfactthatLine7isstillintheclimbingperiod,thehighmanufacturingcostoftheproductunit,theloaninterestofLine7isrecordedinthereportingperiod;theincomefromtheliquidationandcancellationofthesubsidiaryinthesameperiodoflastyear. |
| Incometaxexpenses | 191.99 | 672.05 | -71.43% | Mainlyduetothereductionofenterpriseincometaxexpensesduringthereportingperiod. |
| Netprofit | 2,297.86 | 6,209.95 | -63.00% | DuetothemainfactthatLine7isstillintheclimbingperiod,thehighmanufacturingcostoftheproductunit,theloaninterestofLine7isrecordedinthereportingperiod;theincomefromtheliquidationandcancellationofthesubsidiaryinthesameperiodoflastyear. |
| Cashflowgeneratedbyfinancing | 2,035.56 | 7,186.57 | 71.68% | MainlyduetothereductionofloanstoLine7projectsinthisreportingperiod. |
II.ShareholdersInformation
(I)Totalnumberofcommonshareholdersandpreferenceshareholderswithvotingrightsrecoveredandtoptencommonshareholders
Unit:stock
| Totalnumberofcommonshareholdersattheperiod-end | 24,671 | Totalpreferenceshareholderswiththevotingpowerrecoveredattheendofthereportingperiod(ifany) | 0 | |||
| Sharesheldbythetop10shareholders | ||||||
| Shareholdername | Propertiesofshareholder | Shareproporti | Quantity | Amountof | Pledgingorfreezing | |
| Status | Quantity | |||||
| on% | tradableshareswithConditionalheld | oftheshares | ||||
| ShenzhenInvestmentHoldingsCo.,Ltd. | State-ownedlegalperson | 46.21% | 234,069,436 | |||
| ShenzhenShenchaoTechnologyInvestmentCo.,Ltd. | State-ownedlegalperson | 3.18% | 16,129,032 | |||
| SunHuiming | Domesticnaturalperson | 1.19% | 6,008,653 | |||
| DengYan | Domesticnaturalperson | 1.11% | 5,604,400 | |||
| ChenDanzhen | Domesticnaturalperson | 1.09% | 5,543,800 | |||
| LiuShenpei | Domesticnaturalperson | 0.95% | 4,801,288 | |||
| SuWeipeng | Domesticnaturalperson | 0.60% | 3,016,010 | pledge | 2,800,000 | |
| MaoYuxia | Domesticnaturalperson | 0.55% | 2,792,400 | |||
| QiJianhong | Domesticnaturalperson | 0.44% | 2,218,800 | |||
| ChinaConstructionBankCompanyLimited-CindaAustraliaBankNewEnergyIndustryEquitySecuritiesInvestmentFund | Others | 0.43% | 2,174,610 |
Shareholdingoftop10shareholdersofunrestrictedshares
| Shareholdingoftop10shareholdersofunrestrictedshares | |||
| Nameoftheshareholder | Quantityofunrestrictedsharesheldattheendofthereportingperiod | Sharetype | |
| Sharetype | Quantity | ||
| ShenzhenInvestmentHoldingCo.,Ltd | 234,069,436 | RMBcommonstock | 234,069,436 |
| ShenzhenShenchaoTechnologyInvestmentCo.,LTD | 16,129,032 | RMBcommonstock | 16,129,032 |
| SunHuiming | 6,008,653 | Domesticlistedforeignshares | 6,008,653 |
| DengYan | 5,604,400 | RMBcommonstock | 5,604,400 |
| ChenDanzhen | 5,543,800 | RMBcommonstock | 5,543,800 |
| LiuShenpei | 4,801,288 | RMBcommonstock | 4,801,288 |
| SuWeipeng | 3,016,010 | RMBcommonstock | 3,016,010 |
| MaoYuxia | 2,792,400 | RMBcommonstock | 2,792,400 |
| QiJianhong | 2,218,800 | RMBcommonstock | 2,218,800 |
| ChinaConstructionBankCompanyLimited-CindaAustraliaBankNewEnergyIndustryEquitySecuritiesInvestmentFund | 2,174,610 | RMBcommonstock | 2,174,610 |
| Descriptionoftheaboveshareholderassociationorconcertedaction | Amongthetop10commonshareholders,ShenzhenInvestmentHoldingsCo.,Ltd.andShenzhenShenchaoTechnologyInvestmentCo.,Ltd.donotconstituteaconcertedpartyrelationship.Inaddition,thecompanydoesnotknowwhetherthereisanassociatedrelationshipamongthetop10ordinaryshareholders,andbetweenthetop10ordinaryshareholdersandthetop10shareholders,orwhethertheyarepersonstakingconcertedactiondefinedinRegulationsonDisclosureofInformationaboutShareholdingofShareholdersofListedCompanies. | ||
(II)Totalshareholderswithpreferredstockheldandsharesheldbytoptenshareholderswithpreferredstockheld
□Applicable√NotapplicableIII.Othersignificantevents
√Applicable□Notapplicable(I)Progressofpolarizerindustrializationprojectforultra-largeTV(Line7)Duringthereportingperiod,technicalindicatorssuchasyieldandlossrateofLine7improvedmonthbymonth,productioncapacityincreased,andthecompany'soperatingperformanceimprovedmonthbymonth.ThemainproductsofLine7havebeencompletedthroughcustomerverification,theordervolumehasbeengraduallyincreased,andtheunitmanufacturingcostoftheproductshasbeengraduallyreduced.WiththesmoothclimbingprogressofLine7,thesubsequentproductswillhaveapositiveimpactonthecompany'sbusinessperformance.
(II)AbouttheinvestmentandconstructionofRTSaftertheproductionlineIn2021,thecompanyincreasedinvestmentinoneRTSproductionline,thetotalprojectinvestmentdoesnotexceed30millionyuan;ByMarch31,2022,RMB23,8.828,actuallypaid17,628,500yuan;By31stMarch2022,thecompanyovercametheadverseimpactoftheepidemicandacceleratedtheconstructionoftheRTSproductionline,whichisexpectedtobecompletedinthesecondquarterof2022.(III)ProgressinsubsidiariesparticipatingintheestablishmentofindustrialfundsOnNovember16,2017,thecompanysubsidiaryshengbophotoelectricandfundmanagerhuaijiinvestment,generalpartnerjininvestmentandotherlimitedpartnerssignedthechangxingjunyingequityinvestmentpartnership(limitedpartnership)partnershipagreement,jointlylaunchedindustrialfund,focusonrelatedtothecompany'smainbusiness,fundscale50millionyuan,shengbophotoelectricasoneofthelimitedpartnersofindustrialfund,subscribed28.5millionyuan,seegianttideinformationnetwork(http://www.cninfo.com."cn.)CompanyAnnouncementNo.2017-55".
OnFebruary10,2018,ChangxingJunyinghascompletedtheindustrialandcommercialregistration,andhascompletedtheprivateinvestmentfundfilingonFebruary8,2018,pleaserefertoJuchaoInformationNetwork(http://www.cninfo.com.CompanyAnnouncement,cn)2018-05.AsofMarch31,2022,ChangxingJunyinghasaccumulatedinvestedin3projects,withatotalinvestmentamountof42millionyuan.
| No | Name | Investment | Fundcontribution（RMB10,000） |
| 1 | ShenzhenKaichuangShijiaTechnologyCo.,Ltd. | OpticalFilm | 1,400 |
| 2 | ShenzhenShenfuyuElectronicTechnologyCo.,Ltd. | OpticalFilm | 1,300 |
| 3 | ShenzhenHengbaoshunTechnologyDevelopmentCo.,Ltd. | OpticalFilm | 1,500 |
(IV)ThedisposalofassetsofthejointventurecompanyXieliAutomobileCo.,Ltd.
ShenzhenXiliAutomobileCo.,LTD.(hereinafterreferredtoas"ShenzhenXili")isaSino-foreignjointventureinvestedbythecompanyandHongKongXiliMaintenanceCompanyin1981,witharegisteredcapitalof3.12millionyuan,andthecompanyholds50%oftheequity.Thecompanyoperateduntil2008anditsbusinesslicensewasrevokedin2014,withthemainassetswereproperty.InMarch2020,ShenzhenXiliIndustryandCommercehasbeencancelled,buttherearethreepropertiesunderitsnamehowtodisposeofbothshareholdersneedtosolveafterfurthernegotiation.
OnJuly26,2021,theCompanyfiledtothePeople'sCourtofYantianDistrict,ShenzhenCity,GuangdongProvincethecancellationofShenzhenMarketSupervisionAdministrationofShenzhenXiliAutomobileEnterpriseCo.,Ltd.onMarch9,2020;OnNovember21,2021,thecancellationofShenzhenXiliAutomobileEnterpriseCo.,Ltd.;onDecember3andDecember6,2021,HongKongXiliandShenzhenMarketSupervisionAdministrationsubmittedanappealtotheShenzhenIntermediatePeople'sCourtrespectively.OnApril18,2022,
thecompanyreceivedthenoticeofthesecondinstancehearingsentbyShenzhenintermediatepeople'scourt.ThecasewasheardonApril27,2022.Asofthedisclosuredateofthisreport,thecompanyhasnotreceivedthejudgmentresultofthesecondinstance.IV.Quarterlyfinancialstatements
(1)Financialstatements
1.ConsolidatedbalancesheetPreparedby:ShenzhenTextile(Group)Co.,LTD
InRMB
| Items | March31,2022 | March31,2021 |
| Currentasset： | ||
| Monetaryfund | 121,867,997.52 | 302,472,828.60 |
| Settlementprovision | ||
| Outgoingcallloan | ||
| Transactionalfinancialassets | 710,992,246.79 | 586,540,735.16 |
| Derivativefinancialassets | ||
| Notesreceivable | 29,838,237.17 | 149,942,880.28 |
| Accountreceivable | 631,863,822.83 | 479,998,708.57 |
| Financingreceivable | 60,983,972.96 | 21,474,101.07 |
| Prepayments | 67,095,605.10 | 15,406,619.53 |
| Insurancereceivable | ||
| Reinsurancereceivable | ||
| ProvisionsofReinsurancecontractsreceivable | ||
| Otheraccountreceivable | 106,238,805.90 | 140,185,750.40 |
| Including：Interestreceivable | 91,547.13 | |
| Dividendreceivable | ||
| Repurchasingoffinancialassets | ||
| Inventories | 767,239,406.08 | 667,461,447.03 |
| Contractassets | ||
| Assetsheldforsales | ||
| Non-currentassetduewithin1year | ||
| Othercurrentasset | 85,255,221.34 | 29,503,352.42 |
| Totalofcurrentassets | 2,581,375,315.69 | 2,392,986,423.06 |
| Non-currentassets： | ||
| Loansandpaymentonother’sbehalfdisbursed | ||
| Creditor'sInvestment | ||
| OtherCreditor'sInvestment | ||
| Long-termreceivable | ||
| Longtermshareequityinvestment | 132,915,289.85 | 133,022,325.77 |
| Otherequityinstrumentsinvestment | 186,033,829.72 | 186,033,829.72 |
| Othernon-currentfinancialassets | 30,650,943.40 | 30,650,943.40 |
| Propertyinvestment | 104,445,128.42 | 106,217,779.76 |
| Fixedassets | 2,428,601,151.17 | 2,424,741,252.86 |
| Constructioninprogress | 17,097,540.42 | 71,482,031.08 |
| Productionphysicalassets | ||
| Oil&gasassets | ||
| Userightassets | 9,221,189.37 | 9,221,189.37 |
| Intangibleassets | 47,387,543.01 | 48,635,160.00 |
| Developmentexpenses | ||
| Goodwill | ||
| Long-germexpensestobeamortized | 5,170,341.08 | 5,387,295.94 |
| Deferredincometaxasset | 3,708,379.99 | 3,708,596.78 |
| Othernon-currentasset | 67,790,928.80 | 84,560,280.09 |
| Totalofnon-currentassets | 3,033,022,265.23 | 3,103,660,684.77 |
| Totalofassets | 5,614,397,580.92 | 5,496,647,107.83 |
| Currentliabilities | ||
| Short-termloans | 42,453,773.89 | 37,575,113.83 |
| LoanfromCentralBank | ||
| Borrowingfunds | ||
| Transactionalfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 33,407,331.28 | 16,682,324.12 |
| Accountpayable | 394,196,964.85 | 283,643,842.23 |
| Advancereceipts | 5,098,962.57 | 1,805,311.57 |
| Contractliabilities | 340,528.94 | 68,955.21 |
| Sellingofrepurchasedfinancialassets | ||
| Deposittakingandinterbankdeposit | ||
| Entrustedtradingofsecurities | ||
| Entrustedsellingofsecurities | ||
| Employees’wagepayable | 56,758,706.14 | 59,719,860.24 |
| Taxpayable | 4,177,510.64 | 9,200,627.09 |
| Otheraccountpayable | 139,672,295.52 | 201,317,421.35 |
| Including：Interestpayable | ||
| Dividendpayable | ||
| Feesandcommissionspayable | ||
| Reinsurancefeepayable | ||
| Liabilitiesheldforsales | ||
| Non-currentliabilityduewithin1year | 5,175,393.52 | |
| Othercurrentliability | 37,088,751.30 | 27,523,903.58 |
| Totalofcurrentliability | 713,194,825.13 | 642,712,752.74 |
| Non-currentliabilities： | ||
| Reservefundforinsurancecontracts | ||
| Long-termloan | 711,388,134.97 | 683,016,243.25 |
| Bondpayable | ||
| Including：preferredstock | ||
| Sustainabledebt | ||
| Leaseliability | 9,419,249.23 | 4,243,855.71 |
| Long-termpayable | ||
| Long-termremunerationpayabletostaff | ||
| Expectedliabilities | 25,621,002.16 | 30,741,055.00 |
| Deferredincome | 106,333,226.06 | 110,461,293.15 |
| Deferredincometaxliability | 61,642,660.91 | 61,642,660.91 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 914,404,273.33 | 890,105,108.02 |
| Totalofliability | 1,627,599,098.46 | 1,532,817,860.76 |
| Owners’equity | ||
| Sharecapital | 506,521,849.00 | 506,521,849.00 |
| Otherequityinstruments | ||
| Including：preferredstock | ||
| Sustainabledebt | ||
| Capitalreserves | 1,961,599,824.63 | 1,961,599,824.63 |
| Less：Sharesinstock | ||
| Othercomprehensiveincome | 119,672,784.12 | 119,682,119.05 |
| Specialreserve | ||
| Surplusreserves | 98,245,845.47 | 98,245,845.47 |
| Commonriskprovision | ||
| Retainedprofit | 148,371,996.92 | 130,746,251.74 |
| Totalofowner’sequitybelongtotheparentcompany | 2,834,412,300.14 | 2,816,795,889.89 |
| Minorityshareholders’equity | 1,152,386,182.32 | 1,147,033,357.18 |
| Totalofowners’equity | 3,986,798,482.46 | 3,963,829,247.07 |
| Totalofliabilitiesandowners’equity | 5,614,397,580.92 | 5,496,647,107.83 |
Legalrepresentative:ZhangJianPersoninchargeofaccountingwork:HeFeiHeadofaccountinginstitution:ZhuJingjing
2.Consolidatedincomestatement
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Turnover | 670,551,882.04 | 552,950,209.39 |
| Including：Operatingincome | 670,551,882.04 | 552,950,209.39 |
| Interestincome | ||
| Insurancefeeearned | ||
| Commissionchargeandcommissionincome | ||
| II.Totaloperatingcosts | 631,453,868.00 | 467,514,146.26 |
| Including：Operatingcosts | 579,671,495.55 | 427,817,363.33 |
| Interestexpense | ||
| Feeandcommissionpaid | ||
| Insurancedischargepayment | ||
| Netclaimamountpaid | ||
| Appropriationofdepositforduty,net | ||
| Insurancepolicydividendpaid | ||
| Reinsuranceexpenses | ||
| Businesstaxandsurcharge | 2,117,586.03 | 2,169,731.19 |
| Salesexpense | 8,619,166.65 | 12,186,927.12 |
| Administrativeexpense | 31,849,295.48 | 25,121,747.46 |
| R&Dexpense | 13,080,014.85 | 11,210,174.64 |
| Financialexpenses | -3,883,690.55 | -10,991,797.48 |
| Including：Interestexpense | ||
| Interestincome | ||
| Add：Otherincome | 4,300,287.54 | 4,666,489.60 |
| Investmentgain（“-”forloss） | 5,112,851.74 | 5,008,410.87 |
| Including:investmentgainsfromaffiliates | -97,700.99 | -267,795.43 |
| Financialassetsmeasuredatamortizedcostceasetoberecognizedasincome | ||
| Gainsfromcurrencyexchange | ||
| Netexposurehedgingincome | ||
| Changingincomeoffairvalue | 402,037.73 | |
| Creditimpairmentloss | -4,168,918.12 | 37,491.52 |
| Impairmentlossofassets | -19,338,029.09 | -26,726,948.99 |
| Assetsdisposalincome | -12,114.72 | |
| III.Operatingprofit（“-”forloss） | 24,992,091.39 | 68,823,543.86 |
| Add：Non-operatingincome | 7,030.76 | 3,907.91 |
| Less:Non-operatingexpense | 100,678.20 | 7,403.96 |
| IV.Totalprofit(“-”forloss) | 24,898,443.95 | 68,820,047.81 |
| Less：Incometaxexpenses | 1,919,873.63 | 6,720,531.16 |
| V.Netprofit | 22,978,570.32 | 62,099,516.65 |
| (I)Classificationbybusinesscontinuity | ||
| 1.Netcontinuingoperatingprofit | 22,978,570.32 | 62,099,516.65 |
| 2.Terminationofoperatingnetprofit | ||
| (II)Classificationbyownership | ||
| 1.Netprofitattributabletotheownersofparentcompany | 17,625,745.18 | 42,776,335.85 |
| 2.Minorityshareholders’equity | 5,352,825.14 | 19,323,180.80 |
| VI.Netafter-taxofothercomprehensiveincome | -9,334.93 | 134,830.38 |
| Netofprofitofothercomprehensiveincomeattributabletoownersoftheparentcompany. | -9,334.93 | 134,830.38 |
| （I）Othercomprehensiveincomeitemsthatwillnotbereclassifiedintogains/lossesinthesubsequentaccountingperiod | 113,852.14 | |
| 1.Re-measurementofdefinedbenefitplansofchangesinnetdebtornetassets | ||
| 2.Othercomprehensiveincomeundertheequitymethodinvesteecannotbereclassifiedintoprofitorloss. | ||
| 3.Changesinthefairvalueofinvestmentsinotherequityinstruments | 113,852.14 | |
| 4.Changesinthefairvalueofthecompany’screditrisks | ||
| 5.Other | ||
| (II)Othercomprehensiveincomethatwillbereclassifiedintoprofitorloss | -9,334.93 | 20,978.24 |
| 1.Othercomprehensiveincomeundertheequitymethodinvesteecanbereclassifiedintoprofitorloss. | ||
| 2.Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 3.Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 4.Allowanceforcreditimpairmentsininvestmentsinotherdebtobligations | ||
| 5.Reserveforcashflowhedges | ||
| 6.Translationdifferencesincurrencyfinancialstatements | -9,334.93 | 20,978.24 |
| 7.Other | ||
| NetofprofitofothercomprehensiveincomeattributabletoMinorityshareholders’equity | ||
| VII.Totalcomprehensiveincome | 22,969,235.39 | 62,234,347.03 |
| Totalcomprehensiveincomeattributabletotheowneroftheparentcompany | 17,616,410.25 | 42,911,166.23 |
| Totalcomprehensiveincomeattributableminorityshareholders | 5,352,825.14 | 19,323,180.80 |
| VIII.Earningspershare | ||
| (I)Basicearningspershare | 0.0348 | 0.0842 |
| (II)Dilutedearningspershare | 0.0348 | 0.0842 |
Iftheenterprisemergerunderthesamecontroloccursinthisperiod,thenetprofitrealizedbytheconsolidatedpartybeforethemergeris0.00yuan,andthenetprofitrealizedbytheconsolidatedpartyinthepreviousperiodis0.00yuan.Legalrepresentative:ZhangJianPersoninchargeofaccountingwork:HeFeiHeadofaccountinginstitution:ZhuJingjing
3.Consolidatedcashflowstatement
InRMB
| Items | Amountinthisperiod | Amountinlastperiod |
| I.Cashflowsfromoperatingactivities | ||
| Cashreceivedfromsalesofgoodsorrendingofservices | 604,500,101.55 | 497,878,724.28 |
| Netincreaseofcustomerdepositsandcapitalkeptforbrothercompany | ||
| Netincreaseofloansfromcentralbank | ||
| Netincreaseofinter-bankloansfromotherfinancialbodies | ||
| Cashreceivedagainstoriginalinsurancecontract | ||
| Netcashreceivedfromreinsurancebusiness | ||
| Netincreaseofclientdepositandinvestment | ||
| Cashreceivedfrominterest,commissionchargeandcommission | ||
| Netincreaseofinter-bankfundreceived | ||
| Netincreaseofrepurchasingbusiness | ||
| Netcashreceivedbyagentinsecuritiestrading | ||
| Taxreturned | 1,364,975.85 | 6,520,333.41 |
| Othercashreceivedfrombusinessoperation | 52,681,743.74 | 50,348,087.80 |
| Sub-totalofcashinflow | 658,546,821.14 | 554,747,145.49 |
| Cashpaidforpurchasingofmerchandiseandservices | 502,457,863.05 | 464,527,899.35 |
| Netincreaseofclienttradeandadvance | ||
| Netincreaseofsavingsincentralbankandbrothercompany | ||
| Cashpaidfororiginalcontractclaim | ||
| NetincreaseforOutgoingcallloan | ||
| Cashpaidforinterest,processingfeeandcommission | ||
| Cashpaidforpolicydividend | ||
| Cashpaidtostaffsorpaidforstaffs | 66,865,538.16 | 72,133,529.61 |
| Taxespaid | 135,772,979.52 | 10,012,400.49 |
| Othercashpaidforbusinessactivities | 19,417,363.90 | 83,361,320.31 |
| Sub-totalofcashoutflowfrombusinessactivities | 724,513,744.63 | 630,035,149.76 |
| Netcashgeneratedfrom/usedinoperatingactivities | -65,966,923.49 | -75,288,004.27 |
| II.Cashflowgeneratedbyinvesting | ||
| Cashreceivedfrominvestmentretrieving | 20,230,035.72 |
| Cashreceivedasinvestmentgains | 1,673,424.66 | 5,129,520.27 |
| Netcashretrievedfromdisposaloffixedassets,intangibleassets,andotherlong-termassets | 1,776.70 | |
| Netcashreceivedfromdisposalofsubsidiariesorotheroperationalunits | ||
| Otherinvestment-relatedcashreceived | 470,457,427.76 | |
| Sub-totalofcashinflowduetoinvestmentactivities | 1,675,201.36 | 495,816,983.75 |
| Cashpaidforconstructionoffixedassets,intangibleassetsandotherlong-termassets | 16,535,761.62 | 89,469,056.52 |
| Cashpaidasinvestment | ||
| Netincreaseofloanagainstpledge | ||
| Netcashreceivedfromsubsidiariesandotheroperationalunits | ||
| Othercashpaidforinvestmentactivities | 120,000,000.00 | 512,374,977.65 |
| Sub-totalofcashoutflowduetoinvestmentactivities | 136,535,761.62 | 601,844,034.17 |
| Netcashflowgeneratedbyinvestment | -134,860,560.26 | -106,027,050.42 |
| III.Cashflowgeneratedbyfinancing | ||
| Cashreceivedasinvestment | ||
| Including:Cashreceivedasinvestmentfromminorshareholders | ||
| Cashreceivedasloans | 27,922,000.00 | 75,966,000.00 |
| Otherfinancing–relatedcashreceived | ||
| Sub-totalofcashinflowfromfinancingactivities | 27,922,000.00 | 75,966,000.00 |
| Cashtorepaydebts | ||
| Cashpaidasdividend,profit,orinterests | 7,566,288.88 | 4,020,397.33 |
| Including:Dividendandprofitpaidbysubsidiariestominorshareholders | ||
| Othercashpaidforfinancingactivities | 128.63 | 79,933.50 |
| Sub-totalofcashoutflowduetofinancingactivities | 7,566,417.51 | 4,100,330.83 |
| Netcashflowgeneratedbyfinancing | 20,355,582.49 | 71,865,669.17 |
| IV.Influenceofexchangeratealternationoncashandcashequivalents | -68,534.94 | 548,403.88 |
| V.Netincreaseofcashandcashequivalents | -180,540,436.20 | -108,900,981.64 |
| Add:balanceofcashandcashequivalentsatthebeginningofterm | 302,408,433.72 | 278,337,236.95 |
| VI.Balanceofcashandcashequivalentsattheendofterm | 121,867,997.52 | 169,436,255.31 |
（II）AuditreportIstheFirstQuarterlyReportbeaudited?
□Yes√No
TheBoardofDirectorsofShenzhenTextile(Holdings)Co.,Ltd.
April29,2022