Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Shenzhen Textile (Holdings) Co., Ltd.
The Third Quarterly Report 2015
October 30, 2015
1
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
I. Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and executives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Zhu Jun, The Company Leader, Mr. Zhu Jun, Chief financial officer and the Mr. Mu Linying, the person in
charge of the accounting department (the person in charge of the accounting ) hereby confirm the authenticity and
completeness of the financial report enclosed in the report.
This report is prepared in both Chinese and English. Should there be an discrepancy between the two versions, the
Chinese version shall prevail.
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
II.Main financial data and changes of shareholders
（I）Main accounting data and financial Index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed
and accounting error correction or not.
□ Yes √ No
As at the end of the reporting Changed （%）over end of
As at the end of last year
period prev. year
Gross assets（RMB） 2,823,600,003.67 2,822,783,501.87 0.03%
Net assets attributable to the
shareholders of the listed company 2,170,300,268.68 2,196,249,248.26 -1.18%
（RMB）
Increase/decrease over Between beginning of
Changed （%）over
Reporting period the same period of last the year to the end of
end of prev. year
year（%） the report period
Operating income（RMB） 322,076,321.92 -5.84% 943,069,655.40 15.90%
Net profit attributable to the
shareholders of the listed company -1,485,394.97 91.03% 6,182,632.98 116.18%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable
-13,045,798.66 44.61% -46,430,024.13 27.28%
to the shareholders of listed
company（RMB）
Cash flow generated by business
-- -- 39,493,015.93 160.45%
operation, net（RMB）
Basic earning per
-0.01 86.49% 0.0100 112.50%
share(RMB/Share)
Diluted gains per
-0.01 86.49% 0.0100 112.50%
share(RMB/Share)(RMB/Share)
Weighted average income/asset
-0.07% 0.66% 0.28% 1.96%
ratio（%）
Items and amount of non-current gains and losses
√Applicable □Not applicable
In RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Non-current asset disposal gain/loss(including the write-off part
-67,909.45
for which assets impairment provision is made)
Govemment subsidy recognized in current gain and
loss(excluding those closely related to the Company’s business 17,124,527.07
and granted under the state’s policies)
Gain/loss from change of fair value of transactional financial
asset and liabilities, and investment gains from disposal of
transactional financial assets and liabilities and sellable financial 44,444,187.39
assets other than valid period value instruments related to the
Company’s common businesses
Switch-back of provision of impairment of account receivable
440,691.99
which are treated with separate depreciation test
Other non-business income and expenditures other than the above 2,429,925.86
Less：Amount of influence of income tax 11,758,765.75
Total 52,612,657.11 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
(II) Total number of shareholders and shareholding of top 10 shareholders by the end of the
report period
(1) Total number of common shareholders and shareholding of top 10 common shareholders by the end of
the report period
In Shares
Total number of shareholders at the
30,288
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
Shenzhen
Investment State-owned legal
46.21% 234,069,436 51,457,976
Holdings Co., person
Ltd.
Qianhai Life
insurance Co.,
Other 4.02% 20,384,816
Ltd.－Self funds
Huatai Portfolio
Shenzhen
Shenchao
State-owned
Technology 3.18% 16,129,032
Legal person
Investment Co.,
Ltd.
Anhui Guofu
Industrial Domestic non
Investment Funds State-owned 0.73% 3,708,341
Mangement Co., Legal person
Ltd.
Domestic Nature
Ying Shuai 0.67% 3,376,369
person
China Securities
State-owned legal
Finance Co., 0.56% 2,859,700
person
Ltd.
Domestic Nature
Li Chunbo 0.52% 2,656,025
person
Sun Huiming Domestic Nature 0.48% 2,432,526
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
person
Domestic Nature
Liu Na 0.46% 2,340,000
person
China Foreign
Economic &
Trade Trust Co.,
Ltd.－Yun Feng Other 0.34% 1,706,100
Securities
Investment Trust
Fund
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of the Share type
Name of the shareholder
reporting period Share type Quantity
Shenzhen Investment Holdings Co., RMB Common
182,611,460 182,611,460
Ltd. shares
Qianhai Life insurance Co., Ltd.－ RMB Common
20,384,816 20,384,816
Self funds Huatai Portfolio shares
Shenzhen Shenchao Technology RMB Common
16,129,032 16,129,032
Investment Co., Ltd. shares
Anhui Guofu Industrial Investment RMB Common
3,708,341 3,708,341
Funds Mangement Co., Ltd. shares
RMB Common
Ying Shuai 3,376,369 3,376,369
shares
RMB Common
China Securities Finance Co., Ltd. 2,859,700 2,859,700
shares
RMB Common
Li Chunbo 2,656,025 2,656,025
shares
Foreign shares
placed in
Sun Huiming 2,432,526 2,432,526
domestic
exchange
RMB Common
Liu Na 2,340,000 2,340,000
shares
China Foreign Economic & Trade
RMB Common
Trust Co., Ltd.－Yun Feng 1,706,100 1,706,100
shares
Securities Investment Trust Fund
Explanation on shareholders Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned subsidiary of
participating in the margin trading Shenzhen Investment Holding Co., Ltd. and a person taking concerted action. Except this, the
business Company did not whether there is relationship between the top ten shareholders holding
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
non-restricted negotiable shares and between the top ten shareholders holding non-restricted
negotiable shares and the top 10 shareholders or whether they are persons taking concerted
action defined in Regulations on Disclosure of Information about Shareholding of
Shareholders of Listed Companies.
1.The Company Shareholder Ying Shuai holds 0 shares through ordinary stock account. holds
3,376,369 shares of the Company through stock account with credit transaction and guarantee
of Huatai Securities Co., Ltd.,The total amount is3,376,369 shares. 2. The Company
Participation of top 10
Shareholder Li Chunbo holds 0 shares through ordinary stock account. holds 2,656,025 shares
unconditional common share
of the Company through stock account with credit transaction and guarantee of Pinan
shareholders in securities margin
Securities Co., Ltd.,The total amount is2,656,025 shares. 3. The Company Shareholder Liu
trading (if any)
Na holds 0 shares through ordinary stock account. holds 2,340,000 shares of the Company
through stock account with credit transaction and guarantee of Huaxi Securities Co.,
Ltd.,The total amount is 2,340,000 shares.
Agreed re-purchasing by the Company’s top 10 shareholders of common shares and top 10 shareholders of
unconditional common shares in the report period
□ Yes √ No
No agreed re-purchasing is performed by the Company’s shareholders in the report period.
(2) Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end
of the report period
□ Applicable√ Not applicable
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting
period, as well as reasons for the changes
√ Applicable □ Not applicable
1. The closing balance of monetary capital is RMB 698.7592 million, decreased by 36.58% compared with the
beginning of the year, mainly caused by the monetary capital transferred out due to the increase in structural
deposits.
2.The closing balance of Notes receivable is 9.6726 million , decreased by 77.72% compared with the beginning
of the year, The main reasons are the control of bank acceptance charge and the increase in bill endorsement
transfer.
3.The closing balance of Insurance receivable is 18.99 million, increased by 42.17 % compared with the
beginning of the year, Mainly due to the increase in receivable fixed deposit interest.
4. The closing balance of short-term loan is 45.7901 million, increased by 85.56% compared with the beginning
of the year, Mainly due to the increase in current fund loans in the current period.
5.The closing balance of Non-current liability due in 1 year is 35.3461 million , decreased by 53.09% compared
with the beginning of the year, Mainly caused by the return of bank loans.
6.The closing balance of Other comprehensive income is 1.2575 million, decreased by 96.23 compared with the
beginning of the year, The main reasons are the sale of available-for-sale financial assets for the company and the
transfer-out of variable profit and loss of fair value.
7.The financial cost is RMB-9.85 million, increased by 39.58% over the same time last year, mainly caused by the
decrease in interest income and the increase in exchange loss.
8.Investment income is RMB 48.802 million, increased by 146.78 % over the same time last year, The main
reason is that the investment incomes acquired from the sale of available-for-sale financial capitals are significantly
grown after compared with the previous year.
9.Non-business income is RMB 19.5881 million, increased by 50.9% over the same time last year, Mainly owning
to the increase in governmental subsidy received in the current period.
10. The net amount of cash flow from the business activities is RMB39.493 million, increased by 160.45% over
the same time last year, mainly owning to the increase in cash incomes acquired from the sale of polarizers.
11. Net cash flow generated by investment is RMB -423.9901 million, decreased by 336.89% over the same time
last year, Mainly caused by the increase in structural deposits investment in the current period.
12. Net cash flow generated by financing is RMB -22.1046 million, decreased by 296.21% over the same time last
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
year, Mainly caused by the return of bank loans.
II. The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
□Applicable √Not applicable
III． The commitments of the Company and its shareholders holding over 5% of the
Company’s total shares in the report year of extending to the report year from previous year.
√ Applicable □ Not applicable
Commitment Time of making Period of
Commitment Contents Fulfillment
maker commitment commitment
Committed when the
restricted-for-sale shares
from the shares restructuring
were listed for circulation in
the market: i. if they plan to
sell the shares through the
securities exchange system
in the future, and the
decrease of the shares they
hold reaches 5% within 6
months after the first
Shenzhen decrease, they will disclose
Sustained and Under
Commitment on share reform Investment an announcement indicating August 4, 2006
effective Fulfillment
Holdings Co., Ltd. the sale through the
company within two trading
days before the first
decrease; ii. They shall
strictly observe the
“Guidelines on Transfer of
Restricted-for-sale Original
Shares of Listed
Companies” and the
provisions of the relevant
business principles of
Shenzhen Stock Exchange.
Commitment in the acquisition
report or the report on equity
changes
Commitment made upon the assets
replacement
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
The commitments during no
n-public issuance period in 2
009 . Pursuant to the Letter
of Commitment and
Statement, Shenzhen
Investment Holdings Co.,
Ltd. and its wholly owned
subsidiary, subsidiaries
under control or any other
companies that have actual
control of it shall not be
involved in the business the
same as or similar to those
Shenzhen Textile currently
or will run in the future, or
any businesses or activities
that may constitute direct or
indirect competition with
Shenzhen Textile; if the
operations of Shenzhen
Investment Holdings Co.,
Shenzhen
Ltd. and its wholly owned Sustained and Under
Commitments made upon issuance Investment October 9,2009
subsidiaries, subsidiaries effective Fulfillment
Holdings Co., Ltd.
under control or other
companies that have actual
control of it compete with
Shenzhen Textile in the same
industry or contradict the
interest of the issuer in the
future, Shenzhen Investment
Holdings Co., Ltd. shall urge
such companies to sell the
equity, assets or business to
Shenzhen Textile or a third
party; when the horizontal
competition may occur due
to the business expansion
concurrently necessary for
Shenzhen Investment
Holdings Co., Ltd. and its
wholly owned subsidiaries,
subsidiaries under control or
other companies that have
actual control of it and
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Shenzhen Textile, Shenzhen
Textile shall have priority.
The commitments during no
n-public issuance period in 2
012:1. Shenzhen Investment
Holdings, as the controlling
shareholder of Shenzhen
Textile, currently hasn't the
production and business
activities of inter-industry
competition with Shenzhen
Textile or its share-holding
subsidiary. 2. Shenzhen
Investment Holdings and its
share-holding subsidiaries or
other enterprises owned the
actual control rights can't be
directly and indirectly on
behalf of any person,
company or unit to engage
in the same or similar
business in any districts in
Shenzhen
the future by the form of Sustained and Under
Investment July 14,2012
share-holding, equity effective Fulfillment
Holdings Co., Ltd.
participation, joint venture,
cooperation, partnership,
contract, lease, etc., and
ensure not to use the
controlling shareholder's
status to damage the
legitimate rights and
interests of Shenzhen Textile
and other shareholders, or to
gain the additional benefits.
3. If there will be the
situation of inter-industry
competition with Shenzhen
Textile for Shenzhen
Investment Holdings and its
share-holding subsidiaries or
other enterprises owned the
actual control rights in the
future, Shenzhen Investment
Holdings will promote the
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
related enterprises to avoid
the inter-industry
competition through the
transfer of equity, assets,
business and other ways. 4.
Above commitments will be
continuously effective and
irrevocable during Shenzhen
Investment Holdings as the
controlling shareholder of
Shenzhen Textile or
indirectly controlling
Shenzhen Textile.
Commitment to non-public o
ffering during the second ph
Shenzhen ase project of Shen Textile s
March Under
Investment hares subscribed lock handle March 25, 2013
25,2016 Fulfillment
Holdings Co., Ltd. , locking Shen Textile non-p
ublic offering on the stock m
arket of 36 months.
Other commitments made to
minority shareholders
Executed timely or not? Yes
Detailed person for failing to
No
execute and the next plan( If any)
IV．Prediction of Business performance for 2015
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation of reason.
□ Applicable√ Not applicable
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
V. Investment in Securities
√ Applicable □ Not applicable
Number
Sharehold Number
of shares Sharehold Book
ing of shares
Initial held at ing balance at Gain.loss
proportio held at
Short investmen the proportio the end of of the
Security Security n at the the end of Accounti Sauce of
form of t beginning n at the the reporting
category code beginning the ng items the shares
security cost(RM of the end of the reporting period
of the reporting
B) reporting reporting period (RMB)
reporting period
period(sh period(%) (RMB)
period(%) (shares)
ares)
Financial
Victor 44,444,18 assets Legal
Stock 000018 0.00 1,722,794 1.02% 0 0.00% 0.00
onward A 7.39 available shares
for sale
Debt
restructur
Financial
ing
8,940,598 7,629,573 assets
Stock 000030 Fawer 985,733 0.34% 985,733 0.34% 0.00 repaymen
.31 .42 available
t of share
for sale
s
8,940,598 7,629,573 44,444,18
Total 2,708,527 -- 985,733 -- -- --
.31 .42 7.39
Disclosure date of the board
announcement on approval of January 17,2015
the securities investment
Disclosure date of the general
meeting announcement on
February 4,2015
approval of the securities
investment (if any)
VI. Equity interests held in other listed companies
□ Applicable √Not applicable
The Company did not hold any equity interests in other listed companies as at the end of the reporting period.
VII. Derivative investment
□ Applicable √ Not applicable
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
There is no derivative investment during the report period.
VIII. The registration form of acceptance of investigation, communication and interview in
the report period for future reference
√ Applicable □ Not applicable
Discussion topics and
Reception time Reception place Way of reception Types of visitors Vistors rece3ived
provision of materials
Learning about the business
development history and
the production and
management situation of
September 23, The Meeting Room Onsite polarizers of the company.
Organization Bin Yuan Capital
2015 of the company investigation please see details in “Log
of Investor Relation
Activities”posted on the
interactive platform of
investor relation on
September 23 , 2015.
IX．Illegal external guarantees
□ Applicable √ Not applicable
There was not involved in any Illegal external guarantees of the Company in the reporting period.
X. Particulars about the non-operating occupation of funds by the controlling shareholder
and other related parties of the Company
□ Applicable √ Not applicable
The Company was not involved in the non-operating occupation of funds by the controlling shareholder and other.
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
IV. Financial statement
1. Financial statement
1.Consolidated Balance sheet
Prepared by : Shenzhen Textile (Holdings) Co., Ltd.
September 30,2015
In RMB
Items Year-end balance Year-beginning balance
Current asset：
Monetary fund 698,759,222.73 1,101,771,561.28
Settlement provision
Outgoing call loan
Financial assets measured at fair value
with variations accounted into current
income account
Derivative financial assets
Bill receivable 9,672,581.62 43,412,635.19
Account receivable 195,153,568.88 156,123,570.35
Prepayments 30,708,383.49 27,075,094.81
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts
receivable
Interest receivable 18,989,973.85 13,357,311.32
Dividend receivable
Other account receivable 34,963,693.66 41,843,377.39
Repurchasing of financial assets
Inventories 258,276,361.83 230,659,122.24
Assets held for sales
Non-current asset due in 1 year
Other current asset 460,000,000.00
Total of current assets 1,706,523,786.06 1,614,242,672.58
Non-current assets：
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Loans and payment on other’s behalf
disbursed
Disposable financial asset 42,854,139.45 87,592,297.11
Expired investment in possess
Long-term receivable
Long term share equity investment 21,817,894.97 20,795,057.33
Property investment 135,973,791.15 140,905,275.45
Fixed assets 773,838,907.39 824,871,367.33
Construction in progress 89,329,411.89 79,822,149.34
Engineering material
Fixed asset disposal 118,410.20
Production physical assets
Gas & petrol
Intangible assets 40,921,642.45 41,771,402.89
R & D petrol
Goodwill 9,614,758.55 9,614,758.55
Long-germ expenses to be amortized 696,923.04 560,877.06
Differed income tax asset 1,910,338.52 2,607,644.23
Other non-current asset
Total of non-current assets 1,117,076,217.61 1,208,540,829.29
Total of assets 2,823,600,003.67 2,822,783,501.87
Current liabilities
Short-term loans 45,790,057.24 24,676,594.72
Loan from Central Bank
Deposit received and hold for others
Call loan received
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Bill payable
Account payable 197,118,522.72 153,026,682.35
Advance payment 47,680,036.22 41,135,510.00
Selling of repurchased financial assets
Fees and commissions receivable
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Employees’ wage payable 26,569,179.76 37,736,705.46
Tax payable -40,627,021.45 -52,835,820.86
Interest payable 37,932,707.56 33,037,218.68
Dividend payable
Other account payable 105,833,725.05 112,654,863.06
Reinsurance fee payable
Insurance contract provision
Entrusted trading of securities
Entrusted selling of securities
Liabilities held for sales
Non-current liability due in 1 year 35,346,136.30 75,346,136.30
Other current liability
Total of current liability 455,643,343.40 424,777,889.71
Non-current liabilities：
Long-term loan 124,653,863.70 124,653,863.70
Bond payable
Including：preferred stock
Sustainable debt
Long-term payable
Long-term payable employees’s
remuneration
Special payable
Expected liabilities
Differed income 73,002,527.89 66,546,079.96
Differed income tax liability 10,556,420.24
Other non-current liabilities
Total non-current liabilities 197,656,391.59 201,756,363.90
Total of liability 653,299,734.99 626,534,253.61
Owners’ equity
Share capital 506,521,849.00 506,521,849.00
Other equity instrument
Including：preferred stock
Sustainable debt
Capital reserves 1,585,130,051.37 1,585,130,051.37
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Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Less：Shares in stock
Other comprehensive income 1,257,504.90 33,389,117.46
Special reserves
Surplus reserves 64,403,027.10 64,403,027.10
Common risk provision
Undistributed profit 12,987,836.31 6,805,203.33
Total of owner’s equity belong to the
2,170,300,268.68 2,196,249,248.26
parent company
Minority shareholders’ equity
Total of owners’ equity 2,170,300,268.68 2,196,249,248.26
Total of liabilities and owners’ equity 2,823,600,003.67 2,822,783,501.87
Legal Representative: Zhu Jun Person in charge of accounting：Zhu Jun Accounting Dept Leader: Mu Linying
2.Parent Company Balance Sheet
In RMB
Items At the end of term Beginning of term
Current asset：
Monetary fund 265,557,075.30 457,379,886.16
Financial assets measured at fair value
with variations accounted into current
income account
Derivative financial assets
Bill receivable 1,800,000.00
Account receivable 888,869.12 468,887.97
Prepayments 1,754,880.00 2,771,374.00
Interest receivable 9,994,333.70 10,640,957.35
Dividend receivable 8,048,378.51
Other account receivable 65,679,320.63 64,581,392.46
Inventories
Assets held for sales
Non-current asset due in 1 year
Other current asset 260,000,000.00
Total of current assets 611,922,857.26 537,642,497.94
Non-current assets：
18
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Disposable financial asset 39,554,139.45 84,292,297.11
Expired investment in possess
Long-term receivable
Long term share equity investment 1,798,674,403.06 1,797,651,565.42
Property investment 128,399,016.48 132,976,776.39
Fixed assets 26,948,803.38 27,002,348.21
Construction in progress 38,505,095.38 31,482,502.19
Engineering material
Fixed asset disposal
Production physical assets
Gas & petrol
Intangible assets 1,449,534.72 1,627,715.16
R & D petrol
Goodwill
Long-germ expenses to be amortized
Differed income tax asset 2,559,476.37 3,061,417.30
Other non-current asset
Total of non-current assets 2,036,090,468.84 2,078,094,621.78
Total of assets 2,648,013,326.10 2,615,737,119.72
Current liabilities
Short-term loans
Financial liabilities measured at fair
value with variations accounted into
current income account
Derivative financial liabilities
Bill payable
Account payable 411,743.57 411,743.57
Advance payment 639,024.58 639,024.58
Employees’ wage payable 3,514,838.45 5,878,352.45
Tax payable 12,657,180.10 6,660,135.95
Interest payable
Dividend payable
Other account payable 73,046,201.99 67,479,912.27
Liabilities held for sales
19
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Non-current liability due in 1 year
Other current liability
Total of current liability 90,268,988.69 81,069,168.82
Non-current liabilities：
Long-term loan
Bond payable
Including：preferred stock
Sustainable debt
Long-term payable
Employees’ wage Long-term payable
Special payable
Expected liabilities
Differed income
Differed income tax liability 10,556,420.24
Other non-current liabilities
Total of Non-current liabilities 10,556,420.24
Total of liability 90,268,988.69 91,625,589.06
Owners’ equity
Share capital 506,521,849.00 506,521,849.00
Other equity instrument
Including：preferred stock
Sustainable debt
Capital reserves 1,576,547,069.58 1,576,547,069.58
Less：Shares in stock
Other comprehensive income 1,257,504.90 33,389,117.46
Special reserves
Surplus reserves 64,403,027.10 64,403,027.10
Undistributed profit 409,014,886.83 343,250,467.52
Total of owners’ equity 2,557,744,337.41 2,524,111,530.66
Total of liabilities and owners’ equity 2,648,013,326.10 2,615,737,119.72
3.Consolidated Profit statement of the Report period
In RMB
20
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Item Report period Same period of the previous year
I. Income from the key business 322,076,321.92 342,049,067.34
Incl：Business income 322,076,321.92 342,049,067.34
Interest income
Insurance fee earned
Fee and commission received
II. Total business cost 334,440,714.71 361,937,104.19
Incl：Business cost 299,844,588.98 334,437,206.19
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Insurance policy dividend paid
Insurance policy dividend paid
Reinsurance expenses
Business tax and surcharge 1,955,653.09 1,790,964.68
Sales expense 2,995,741.03 3,039,900.12
Administrative expense 25,571,161.74 24,741,246.41
Financial expenses 1,423,203.81 -9,469,146.23
Asset impairment loss 2,650,366.06 7,396,933.02
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss） 1,210,004.77 -248,429.00
Incl: investment gains from affiliates 538,702.27 454,071.00
Gains from currency exchange（“-”for
loss）
III. Operational profit（“-”for loss -11,154,388.02 -20,136,465.85
Add：Non-business income 11,711,198.52 7,037,892.51
Incl：Gains from disposal of non-current
4,756.09 4,290.00
assets
Less：Non business expenses 27,796.76
Incl：Loss from disposal of non-current
assets
IV.Total profit(“-”for loss) 529,013.74 -13,098,573.34
21
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Less：Income tax expenses 2,014,408.71 3,459,441.89
V. Net profit（“-”for net loss -1,485,394.97 -16,558,015.23
Net profit attributable to the owners of
-1,485,394.97 -16,558,015.23
parent company
Minority shareholders’ equity
VI. Net after-tax of Other comprehensive
-2,763,151.39 1,109,228.94
income
Net after-tax
of other comprehensive income attributab -2,763,151.39 1,109,228.94
le to owners of the parent company.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent accounting
period
1.Re-measurement of defined benefit pla
ns of changes in net debt or net assets
2.Other comprehensive income under the
equity method investee can not be reclass
ified into profit or loss.
（II）
Other comprehensive income that will be -2,763,151.39 1,109,228.94
reclassified into profit or loss.
1.Other comprehensive income under the
equity method investee can be reclassifie
d into profit or loss.
2.Gains and losses from changes in fair v
-3,396,979.04
alue available for sale financial assets
3.Held-to-maturity investments reclassifi
ed to gains and losses of available for sal
e financial assets
4.The effective portion of cash flow hedg
es and losses
5.Translation differences in currency fina
633,827.65
ncial statements
6.Other
Net
after-tax of other comprehensive income
attributable to Minority shareholders’
22
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
equity
VII. Total comprehensive income -4,248,546.36 -15,448,786.29
Total comprehensive income attributable
-4,248,546.36 -15,448,786.29
to the owner of the parent company
Total comprehensive income
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share -0.01 -0.04
(II)Diluted earnings per share -0.01 -0.04
Legal Representative: Zhu Jun Person in charge of accounting：Zhu Jun Accounting Dept Leader: Mu Linying
4. Profit statement of the Parent Company of the Report period
In RMB
Items Report period Same period of the previous year
I. Income from the key business 16,673,908.73 16,238,950.44
Incl：Business cost 3,416,259.44 3,606,961.35
Business tax and surcharge 1,428,180.41 1,285,598.61
Sales expense
Administrative expense 5,312,787.36 6,087,529.75
Financial expenses 1,547,925.62 -3,650,555.17
Asset impairment loss 31,823.50 -41,226.64
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss） 9,258,383.28 -248,429.00
Incl: investment gains from affiliates 538,702.27 454,071.00
II. Operational profit（“-”for loss 14,195,315.68 8,702,213.54
Add：Non-business income 239,989.71
Incl：Gains from disposal of non-current
4,756.09
assets
Less：Non business expenses
Incl：Loss from disposal of non-current
assets
III.Total profit(“-”for loss) 14,435,305.39 8,702,213.54
Less：Income tax expenses 1,495,529.26 2,070,816.89
IV. Net profit（“-”for net loss） 12,939,776.13 6,631,396.65
23
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
V. Net after-tax of Other comprehensive
-2,763,151.39 1,109,228.94
income
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b -2,763,151.39 1,109,228.94
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
-3,396,979.04 1,109,228.94
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
633,827.65
ancial statements
6.Other
VI. Total comprehensive income 10,176,624.74 7,740,625.59
VII. Earnings per share：
（I）Basic earnings per share
(II)Diluted earnings per share
5. Consolidated Profit statement between the beginning of the year and end of the report period
In RMB
Items Report period Same period of the previous year
I. Total operating income 943,069,655.40 813,672,892.15
Including：Operating income 943,069,655.40 813,672,892.15
24
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 985,653,962.14 867,787,284.87
Including：Operating cost 887,982,615.01 768,575,330.45
Interest expense
Commission chare and commission
expense
Cash surrender value
Net amount of expense of compensation
Net amount of withdrawal of insurance
contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 5,502,273.75 5,375,106.42
Sales expenses 8,006,440.06 8,141,402.16
Administration expenses 70,628,446.60 89,405,947.94
Financial expenses -9,849,981.82 -16,301,766.91
Losses of devaluation of assets 23,384,168.54 12,591,264.81
Add ：Changing income of fair value
Investment income 48,801,951.20 19,775,234.46
Including：Investment income on affiliate
1,568,224.14 995,152.40
company and joint venture
Exchange income
III. Operating profit 6,217,644.46 -34,339,158.26
Add ：Non-operating income 19,588,147.80 12,981,052.25
Including :Disposal Gains of
5,056.09 57,066.17
non-current assets
Less：Non-operating expense 100,785.32 3,751.62
Including :Disposal loss of
72,965.54 3,638.02
non-current assets
IV. Total profit 25,705,006.94 -21,361,857.63
Less：Income tax 19,522,373.96 16,840,667.70
25
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
V. Net profit（“-”for net loss 6,182,632.98 -38,202,525.33
Net profit attributable to the owners of
6,182,632.98 -38,202,525.33
parent company
Minority shareholders’ equity
VI. Net after-tax of Other comprehensive
-32,131,612.56 -10,200,120.06
income
Net after-tax of
other comprehensive income attributable -32,131,612.56 -10,200,120.06
to owners of the parent company.
（I）Other comprehensive income items
that will not be reclassified into
gains/losses in the subsequent accounting
period
1.Re-measurement of defined benefit pla
ns of changes in net debt or net assets
2.Other comprehensive income under the
equity method investee can not be reclass
ified into profit or loss.
（II）
Other comprehensive income that will be -32,131,612.56 -10,200,120.06
reclassified into profit or loss.
1.Other comprehensive income under the
equity method investee can be reclassifie
d into profit or loss.
2.Gains and losses from changes in fair v
-32,759,624.50 -11,309,349.00
alue available for sale financial assets
3.Held-to-maturity investments reclassifi
ed to gains and losses of available for sal
e financial assets
4.The effective portion of cash flow hedg
es and losses
5.Translation differences in currency fina
628,011.94
ncial statements
6.Other
Net after-tax of
other comprehensive income attributable
to Minority shareholders’ equity
VII. Total comprehensive income -25,948,979.58 -48,402,645.39
26
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Total comprehensive income attributable
-25,948,979.58 -48,402,645.39
to the owner of the parent company
Total comprehensive income
attributable minority shareholders
VIII. Earnings per share
（I）Basic earnings per share 0.0100 -0.0800
(II)Diluted earnings per share 0.0100 -0.0800
6.Profit Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RMB
Items Report period Same period of the previous year
I. Business income 48,201,097.76 46,894,298.88
Less：Business cost 8,819,816.67 9,136,406.23
Business tax and surcharge 3,929,922.41 3,817,306.72
Sales expense
Administrative expense 16,655,025.27 19,295,299.07
Financial expenses -6,954,416.07 -11,423,252.31
Asset impairment loss 79,889.94 -5,149,948.01
Add：Gains from change of fir value
（“-”for loss）
Investment gain（“-”for loss） 56,164,984.76 19,118,120.89
Incl: investment gains from affiliates 1,568,224.14 995,152.40
II. Operational profit 81,835,844.30 50,336,608.07
Add：Non-business income 2,047,648.92 95,873.24
Incl：Gains from disposal of non-current
4,756.09 50,105.04
assets
Less：Non business expenses 13,020.92
Incl：Loss from disposal of non-current
13,020.92
assets
III.Total profit 83,870,472.30 50,432,481.31
Less：Income tax expenses 18,106,052.99 12,218,445.04
IV. Net profit） 65,764,419.31 38,214,036.27
V. Net after-tax of Other comprehensive
-32,131,612.56 -10,200,120.06
income
（I）Other comprehensive income items
that will not be reclassified into
27
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
gains/losses in the subsequent
accounting period
1.Re-measurement of defined benefit pl
ans of changes in net debt or net assets
2.Other comprehensive income under th
e equity method investee can not be recl
assified into profit or loss.
（II）
Other comprehensive income that will b -32,131,612.56 -10,200,120.06
e reclassified into profit or loss.
1.Other comprehensive income under th
e equity method investee can be reclassi
fied into profit or loss.
2.Gains and losses from changes in fair
-32,759,624.50 -10,200,120.06
value available for sale financial assets
3.Held-to-maturity investments reclassif
ied to gains and losses of available for s
ale financial assets
4.The effective portion of cash flow hed
ges and losses
5.Translation differences in currency fin
628,011.94
ancial statements
6.Other
VI. Total comprehensive income 33,632,806.75 28,013,916.21
VII. Earnings per share
（I）Basic earnings per share
(II)Diluted earnings per share
7. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period
In RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
886,932,725.50 794,212,614.06
rending of services
Net increase of customer deposits and
capital kept for brother company
Net increase of loans from central bank
28
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Net increase of inter-bank loans from
other financial bodies
Cash received against original insurance
contract
Net cash received from reinsurance
business
Net increase of client deposit and
investment
Net increase of trade financial asset
disposal
Cash received as interest, processing fee
and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Tax returned 56,508,663.71 72,864,282.21
Other cash received from business
46,617,056.53 46,987,804.95
operation
Sub-total of cash inflow 990,058,445.74 914,064,701.22
Cash paid for purchasing of
807,159,598.33 772,157,177.29
merchandise and services
Net increase of client trade and advance
Net increase of savings n central bank
and brother company
Cash paid for original contract claim
Cash paid for interest, processing fee
and commission
Cash paid for policy dividend
Cash paid to staffs or paid for staffs 98,294,056.61 100,422,140.82
Taxes paid 24,050,803.65 72,878,941.57
Other cash paid for business activities 21,060,971.22 33,934,938.71
Sub-total of cash outflow from business
950,565,429.81 979,393,198.39
activities
Cash flow generated by business
39,493,015.93 -65,328,497.17
operation, net
II.Cash flow generated by investing
Cash received from investment
46,395,738.95 19,302,132.19
retrieving
29
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Cash received as investment gains 3,371,417.02 1,418,603.30
Net cash retrieved from disposal of
fixed assets, intangible assets, and other 5,056.09 57,673.91
long-term assets
Net cash received from disposal of
100,386,000.00
subsidiaries or other operational units
Other investment-related cash received 102,505,285.49
Sub-total of cash inflow due to
49,772,212.06 223,669,694.89
investment activities
Cash paid for construction of
fixed assets, intangible assets 13,665,323.15 44,190,174.93
and other long-term assets
Cash paid as investment
Net increase of loan against pledge
Net cash received from subsidiaries and
other operational units
Other cash paid for investment
460,096,952.42 500,000.00
activities
Sub-total of cash outflow due to
473,762,275.57 44,690,174.93
investment activities
Net cash flow generated by investment -423,990,063.51 178,979,519.96
III.Cash flow generated by financing
Cash received as investment
Incl: Cash received as investment from
minor shareholders
Cash received as loans 69,457,976.24 38,973,795.50
Cash received from bond placing
Other financing –related ash received
Sub-total of cash inflow from financing
69,457,976.24 38,973,795.50
activities
Cash to repay debts 91,030,873.93 27,652,139.91
Cash paid as dividend, profit, or
531,694.35 56,000.00
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing activities
Sub-total of cash outflow due to 91,562,568.28 27,708,139.91
30
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
financing activities
Net cash flow generated by financing -22,104,592.04 11,265,655.59
IV. Influence of exchange rate
3,492,348.65 962,975.47
alternation on cash and cash equivalents
V.Net increase of cash and cash
-403,109,290.97 125,879,653.85
equivalents
Add: balance of cash and cash
1,098,232,359.02 943,913,951.68
equivalents at the beginning of term
VI ..Balance of cash and cash
695,123,068.05 1,069,793,605.53
equivalents at the end of term
8. Cash Flow Statement of the Parent Between the Beginning of the Year and End of the Report Period
In RMB
Items Amount in this period Amount in last period
I.Cash flows from operating activities
Cash received from sales of goods or
47,673,939.56 46,496,276.23
rending of services
Tax returned
Other cash received from business
14,897,875.28 26,791,816.82
operation
Sub-total of cash inflow 62,571,814.84 73,288,093.05
Cash paid for purchasing of
2,821,980.78 4,508,222.48
merchandise and services
Cash paid to staffs or paid for staffs 10,857,018.13 13,823,486.38
Taxes paid 16,425,515.14 65,283,173.64
Other cash paid for business activities 6,679,401.52 14,249,021.45
Sub-total of cash outflow from business
36,783,915.57 97,863,903.95
activities
Cash flow generated by business
25,787,899.27 -24,575,810.90
operation, net
II.Cash flow generated by investing
Cash received from investment
46,395,738.95 19,302,132.19
retrieving
Cash received as investment gains 3,371,417.02 1,418,603.30
Net cash retrieved from disposal of
fixed assets, intangible assets, and other 4,756.09 50,105.04
long-term assets
31
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
Net cash received from disposal of
100,386,000.00
subsidiaries or other operational units
Other investment-related cash received
Sub-total of cash inflow due to
49,771,912.06 121,156,840.53
investment activities
Cash paid for construction of
fixed assets, intangible assets 7,382,622.19 9,084,798.00
and other long-term assets
Cash paid as investment
Net cash received from subsidiaries and
other operational units
Other cash paid for investment
260,000,000.00
activities
Sub-total of cash outflow due to
267,382,622.19 9,084,798.00
investment activities
Net cash flow generated by investment -217,610,710.13 112,072,042.53
III.Cash flow generated by financing
Cash received as investment
Cash received as loans
Cash received from bond placing
Other financing –related ash received
Sub-total of cash inflow from financing
activities
Cash to repay debts
Cash paid as dividend, profit, or
interests
Other cash paid for financing activities
Sub-total of cash outflow due to
financing activities
Net cash flow generated by financing
IV. Influence of exchange rate
alternation on cash and cash equivalents
V.Net increase of cash and cash
-191,822,810.86 87,496,231.63
equivalents
Add: balance of cash and cash
457,379,886.16 365,620,681.34
equivalents at the beginning of term
VI ..Balance of cash and cash 265,557,075.30 453,116,912.97
32
Shenzhen Textile (Holdings) Co., Ltd. The Third Quarterly Report 2015
equivalents at the end of term
II. Auditor‘s report
Whether the Q3 report is audited
□ Yes √ No
The Q3 Report is not audited.
The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd.
October 30,2015
33
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