The Report for the Third Quarter of 2015 of Shenzhen Chiwan Wharf Holdings Limited
Stock code: 000022/200022 Stock abbreviation: Chiwan Wharf A/Chiwan Wharf B Announcement No.: 2015-093
Shenzhen Chiwan Wharf Holdings Limited
The Report for the Third Quarter of 2015
Section I. Important Reminders
I. The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of
Shenzhen Chiwan Wharf Holdings Limited (hereinafter referred to as “the Company”) warrant that the
information carried in this Report is factual, accurate and complete, without any false record, misleading
statement or material omission. And they shall be jointly and severally liable for that.
II. All Directors, Supervisors and Senior Management Staff agreed with and guaranteed the correctness,
accuracy and completeness of the contents of this Report.
III. All directors have attended the board meeting for reviewing this Report.
IV. These quarterly Financial Statements are un-audited.
V. Chairman of the Board Mr. Zheng Shaoping, Chief Financial Officer Mr. Zhang Fang and Financial Manager
Ms. Li Li hereby announce that they guarantee the factuality, accuracy and completeness of the Financial
Statements enclosed in this Report.
VI. This Report is prepared in both Chinese and English. Should there be any understanding discrepancy between
the two versions, the Chinese version shall prevail.
Section II. Financial Highlights & Changes in Shareholders
I. Major accounting data and financial indexes
Does the Company adjust retrospectively or restate accounting data of previous years due to change of the
accounting policy or correction of any accounting error?
□ Yes √ No
Item 30 Sept. 2015 31 Dec. 2014 Increase/decrease
Total assets (RMB Yuan) 6,833,803,697.08 6,935,824,199.68 -1.47%
Net assets attributable to shareholders
4,326,142,462.17 4,115,298,831.59 5.12%
of the Company (RMB Yuan)
YoY YoY
Item Jul.-Sept. 2015 Jan.-Sept. 2015
increase/decrease increase/decrease
Operating revenues (RMB Yuan) 509,817,001.86 9.95% 1,390,605,010.64 3.80%
Net profit attributable to shareholders
175,532,433.81 33.63% 417,509,806.15 13.86%
of the Company (RMB Yuan)
Net profit attributable to shareholders
of the Company after extraordinary 175,272,326.54 33.66% 419,035,408.25 15.05%
gains and losses (RMB Yuan)
Net cash flows from operating
-- -- 645,020,079.10 33.94%
activities (RMB Yuan)
Basic EPS (RMB Yuan/share) 0.272 33.33% 0.648 13.88%
Diluted EPS (RMB Yuan/share) 0.272 33.33% 0.648 13.88%
Weighted average ROE (%) 4.14% 0.86% 9.86% 0.74%
The Report for the Third Quarter of 2015 of Shenzhen Chiwan Wharf Holdings Limited
Items and amounts of extraordinary gains and losses
√Applicable □Inapplicable
Unit: RMB Yuan
Amount as of Jan.-Sept.
Item Note
Gains/losses on the disposal of non-current assets (including the offset part of asset
(809,709.57)
impairment provisions)
Government grants recognized in the current period, except for those acquired in
the ordinary course of business or granted at certain quotas or amounts according to 482,763.16
the country’s unified standards
Non-operating incomes and expenses other than the above 1,602,878.61
Less: Income tax effects 811,212.99
Minority interests effects (after tax) 1,990,321.31
Total (1,525,602.10) --
Explain the reasons if the Company classifies an item as an extraordinary gain/loss according to the definition in
the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the
Public—Extraordinary Gains and Losses, or classifies any extraordinary gain/loss item mentioned in the said
explanatory announcement as a recurrent gain/loss item
□ Applicable √ Inapplicable
II. Total number of shareholders and top 10 shareholders at the period-end
1. Total number of common shareholders and shareholdings of the top 10 common shareholders at the
period-end
Unit: share
Total number of shareholders at the period-end 35,875 shareholders, including 26,313 A-share holders and 9,562 B-share holders
Shareholdings of top ten shareholders (all being non-restricted share holders)
Number of Type of shares
Nature of Percentage of Shares pledged or
Name of shareholder non-restricted (A, B, H or
shareholder shareholding frozen (share)
shares held other)
CHINA NANSHAN DEVELOPMENT State-owned
32.52% 209,687,067 0 A share
(GROUP) INC. corporation
Ordinary domestic
SHENZHEN MALAI STORAGE CO., LTD. 25% 161,190,933 0 A share
corporation
KEEN FIELD ENTERPRISES LIMITED Foreign corporation 8.58% 55,314,208 0 B share
CMBLSA RE FTIF TEMPLETON ASIAN
Foreign corporation 7.43% 47,914,954 Unknown B share
GRW FD GTI 5496
DEUTSCHE BANK
Foreign corporation 0.62% 3,996,830 Unknown A share
AKTIENGESELLSCHAFT
CMBNA/STICHTING PENS FND ABP Foreign corporation 0.54% 3,463,503 Unknown B share
GIC PRIVATE LIMITED Foreign corporation 0.52% 3,360,777 Unknown B share
TEMPLETON ASIAN GROWTH FUND Foreign corporation 0.41% 2,657,852 Unknown B share
BBH A/C VANGUARD EMERGING
Foreign corporation 0.40% 2,595,918 Unknown B share
MARKETS STOCK INDEX FUND
KUMPULAN WANG PERSARAAN
Foreign corporation 0.37% 2,368,067 Unknown B share
(DIPERBADANKAN)
Explanation on associated relationship or/and China Merchants Holdings (International) Company Limited is a shareholder of China
persons acting in concert among the Nanshan Development (Group) Inc., (hereinafter referred to as “CND”). Shenzhen
above-mentioned shareholders: Malai Storage Co., Ltd. (hereinafter referred to as “Malai Storage”) was a
The Report for the Third Quarter of 2015 of Shenzhen Chiwan Wharf Holdings Limited
wholly-funded subsidiary of China Merchants Holdings (International) Company
Limited, and Keen Field Enterprises Limited was also a wholly-funded subsidiary of
China Merchants Holdings (International) Company Limited. The Company does not
know whether the other non-restricted shareholders are related parties or not.
Did any of the top 10 common shareholders or the top 10 non-restricted common shareholders of the Company
carry out any agreed buy-back in the reporting period?
□ Yes √ No
2. Total number of preference share holders and shareholdings of the top ten preferred share holders at the
period-end
□ Applicable √ Inapplicable
Section III. Significant Events
I. Major changes in main accounting statement items and financial indicators in the reporting
period, as well as reasons for the changes
Unit: RMB Yuan
Increase/
Item 30 Sept. 2015 31 Dec. 2014 Main reasons
decrease
Other current liabilities 600,000,000.00 400,000,000.00 50% Short-term financing bonds were issued and repaid.
Corporate bonds were redeemed ahead of schedule
Bonds payable 497,562,739.75 995,110,137.02 -50%
in this April.
Increase/
Item Jan.-Sept. 2015 Jan.-Sept. 2014 Main reasons
decrease
1) Chiwan Container Terminal Co., Ltd., one of the
Company’s controlled subsidiaries, passed the
hi-tech enterprise certification in 2015 and has thus
Net cash flows from been entitled to a preferential income tax rate of
645,020,079.10 481,588,587.65 34%
operating activities 15%; 2) We received and held as an agent more
payments; 3) A rebate from the Machong Wharf
watercourse occupancy fee was received; and 4)
There existed timing differences in payments.
Net cash flows from In the same period of last year, we received from a
(58,769,748.94) 17,243,304.17 -441%
investing activities joint venture the dividends for the previous year.
Cash receipts from
borrowings 138,736,732.40 554,750,000.00 -75% The borrowings obtained decreased.
Cash receipts from
issue of bonds 800,000,000.00 398,800,000.00 101% More short-term financing bonds were issued.
Chiwan Container Terminal Co., Ltd., one of the
Cash payments for
Company’s controlled subsidiaries, distributed
distribution of
464,056,566.07 312,751,306.37 48% dividends to its minority shareholders this year,
dividends or profit or
while there had been no such cases in the same
interest
period of last year.
Chiwan Container Terminal Co., Ltd., one of the
Company’s controlled subsidiaries, distributed
Net cash flows from
(627,058,353.75) (453,805,730.38) 38% dividends to its minority shareholders this year,
financing activities
causing an increase in the cash outflows from
financing activities.
The Report for the Third Quarter of 2015 of Shenzhen Chiwan Wharf Holdings Limited
II. Progress and influence of significant events, as well as the analysis and explanation on
solutions
□ Applicable √ Inapplicable
III. Commitments made by the Company or shareholders holding over 5% of the Company’s
shares in the reporting period or such commitments carried down into the reporting period
√ Applicable □ Inapplicable
Time of
Commitment Period of
Commitment Contents making Fulfillment
maker commitment
commitment
CND Group proposed in Mar. 2009 to the
Company ,
which was reviewed and approved in the
general meeting of the Company in May
2009. The Board of Directors of the Company
was authorized to formulate and carry out an
equity incentive plan at a proper timing
In order to enhance the shareholding according to applicable laws and regulations.
confidence of tradable share holders, and In Jun. 2014, according to jointly
management and all the shareholders can promulgated by the State-owned Assets
coincide, CND made a commitment to Supervision and Administration Commission
Share reform
CND Group entrust, through the general meeting of Apr. 2006 Standing of the State Council and the Ministry of
commitment
the Company, the Board of Directors of Finance, as well as promulgated by CSRC, the
timing after the completion of the share equity incentive plan could not be
division reform according to applicable successfully formulated due to policy and
laws and regulations. regulation changes, as well as some
restrictions. Therefore, the Company has
decided not to formulate and carry out the
equity incentive plan for now. The Board of
Directors will continue to follow and study
relevant policies and regulations, and
reconsider formulating and carrying out a new
equity incentive plan according to the actual
