[三季报]张 裕Ｂ:2021年第三季度报告（英文版）
原标题:张 裕Ｂ:2021年第三季度报告（英文版） Stock Code: 000869, 200869 Stock Abbreviation: Changyu A, Changyu B Announcement No.:2021-020 Yantai Changyu Pioneer Wine Co., Ltd. 2021 Third Quarter Report This company and all board members guarantee the truthfulness, accuracy and completeness of disclosed contents as well as no unfaithful facts, misleading statements or significant omissions. Important Notice 1. The Company’s board of directors, board of supervisors, directors, supervisors and senior executives guarantee the truthfulness, accuracy and completeness of contents contained in this quarter report as well as no unfaithful facts, misleading statements or significant omissions and undertake individual and collective legal liabilities. 2. The person in charge of the Company, the person in charge of accounting work and the person in charge of accounting institution (person in charge of accounting) declare to assure the truthfulness, accuracy and completeness of the financial information in this quarter report. 3. Whether the Third Quarter Report has been audited .Yes .No 1. Major Financial Data 1) Key accounting data and financial indicators Whether the Company needs to make retroactive adjustments or restate the accounting data of previous fiscal years. .Yes .No This report period More or less than the same period of last year (%) From the beginning of the year to the end of this report period More or less than the same period of last year (%) Operating revenue (CNY) 796,762,047 2.92% 2,671,222,485 21.82% Net profit attributed to the shareholders of the listed company (CNY) 79,742,460 -6.32% 451,564,279 11.84% Net profit attributed to the shareholders of the listed company after deducting the irregular profit and loss (CNY) 67,549,124 -7.98% 421,225,167 23.83% Net cash flows from the operating activities (CNY) —— —— 792,193,127 213.82% Basic earnings per share (CNY) 0.12 0% 0.66 11.86% Diluted earnings per share (CNY) 0.12 0% 0.66 11.86% Weighted average for earning rate of the net assets 0.76% -0.16% 4.33% 0.48% The end of this report period The end of last year More or less than the end of last year (%) Total assets (CNY) 13,336,405,794 13,102,481,541 1.79% Net Assets attributed to the shareholders of the listed company (CNY) 10,417,438,031 10,267,832,644 1.46% 2) Item and amount of non-recurring profit and loss .Available .Not available Unit：CNY Item Amount in this report period From the beginning of the year to the end of report period Explanation Government grants credited in profit and loss (except for those continuously-enjoyed normed or quantitative government grants that are closely related to the entity’s normal operation, in line with national policy and regulation and based on certain criteria) 14,225,961 36,204,656 The cost of investment for entity to acquire subsidiary corporation, joint-run business and joint venture is less than the income resulting from the fair value of enjoyed net assets that can be recognized by the invested entity when acquiring investment Other non-operating income and expenses 1,465,519 3,384,575 Less: Income tax effect 3,298,567 9,035,909 Minority interests effect (after-tax) 199,577 214,210 Total 12,193,336 30,339,112 -- Details of other profit and loss items in line with the identification of non-recurring profit and loss .Available .Not available There don’t exist details of other profit and loss items in line with the identification of non-recurring profit and loss Explanation for situation that non-recurring profit and loss items are defined as recurrent profit and loss items in accordance with the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Non-recurring Profit and Loss .Available .Not available There is no situation that non-recurring profit and loss items are defined as recurrent profit and loss items in accordance with the Explanatory Announcement on Public Company’s Information Disclosure No.1 - Non-recurring Profit and Loss. 3) Situation and reason for the change in key accounting data and financial indicators .Available .Not available From the beginning of the year to the end of this report period, compared with the same period of last year, this company’s operating income increased by 21.82%, mainly owing to the increase in the sales volume caused by the constructive market exploitation; sales expenses increased by 38.70%, mainly due to the increased marketing investment; other income decreased by 45.52%, mainly due to the decline in government subsidies; cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets increased by 57.36%, mainly due to the increase in cash paid for the purchase and construction of fixed assets; the net cash flows from the operating activities increased by 213.82%, mainly owing to the increase in the cash received from selling products and rendering service that results from the year-on-year increased operating income. Comparing with it at the beginning of the report period, the prepayment decreased by 56.73% at the end of the reporting period, mainly due to the decrease in the purchase of raw materials paid in advance to suppliers. 2. Information of shareholders 1) The number of the common shareholders and preferred shareholders with recovered voting power as well as the shareholding of top 10 shareholders Unit:share Total number of common shareholders at the end of report period 54,164 Total number of preferred shareholders with recovered voting power at the end of report period (if have) 0 Shareholding of top 10 shareholders Name of Shareholders Character of shareholders Percentage (%) Shares held Number of restricted shares Pledged or frozen Share status Amount YANTAI CHANGYU GROUP COMPANY LIMITED Domestic non-state-owned legal person 50.40% 345,473,856 0 — 0 GAOLING FUND, L.P. Foreign legal person 3.08% 21,090,219 0 — 0 BBH BOS S/A FIDELITY FD - CHINA FOCUS FD Foreign legal person 1.42% 9,719,826 0 — 0 SHENWAN HONGYUAN SECURITIES (HONGKONG) LIMITED Foreign legal person 1.08% 7,414,152 0 — 0 CHINA SECURITIES FINANCE CORP State-owned legal person 0.94% 6,446,263 0 — 0 FIDELITY PURITAN TRUST: FIDELITY SERIES INTRINSIC OPPORTUNITIES FUND Foreign legal person 0.93% 6,350,762 0 — 0 GUOTAI JUNAN SECURITIES (HONGKONG) LIMITED Foreign legal person 0.77% 5,278,928 0 — 0 Haitong International Securities Company Limited-Account Client Foreign legal person 0.74% 5,077,402 0 — 0 China Merchants Securities (HK) Co., Ltd. Foreign legal person 0.71% 4,882,997 0 — 0 VANGUARD EMERGING MARKETS STOCK INDEX FUND Foreign legal person 0.60% 4,126,142 0 — 0 Shareholding of top 10 shareholders with unrestricted shares Name of Shareholders Number of unrestricted shares held Type of share Type of share Amount YANTAI CHANGYU GROUP COMPANY LIMITED 345,473,856 A share 345,473,856 GAOLING FUND, L.P. 21,090,219 B share 21,090,219 BBH BOS S/A FIDELITY FD - CHINA FOCUS FD 9,719,826 B share 9,719,826 SHENWAN HONGYUAN SECURITIES (HONGKONG) LIMITED 7,414,152 B share 7,414,152 CHINA SECURITIES FINANCE CORP 6,446,263 A share 6,446,263 FIDELITY PURITAN TRUST: FIDELITY SERIES INTRINSIC OPPORTUNITIES FUND 6,350,762 B share 6,350,762 GUOTAI JUNAN SECURITIES (HONGKONG) LIMITED 5,278,928 B share 5,278,928 Haitong International Securities Company Limited-Account Client 5,077,402 B share 5,077,402 China Merchants Securities (HK) Co., Ltd. 4,882,997 B share 4,882,997 VANGUARD EMERGING MARKETS STOCK INDEX FUND 4,126,142 B share 4,126,142 The explanation for the associated relationship and accordant action of the top 10 shareholders Among the top 10 shareholders, Yantai Changyu Group Company Limited has no associated relationship or accordant action relationship with the other 9 listed shareholders, and the relationship among the other shareholders is unknown. Explanation for the top 10 common shareholders who involved in financing activities and stock trading business(if any) The top 10 shareholders did not involve in financing activities and stock trading business 2) The table of the total number of the preferred shareholders and the shareholding status of the top 10 preferred shareholders .Available .Not available 3. Other Important Issues .Available .Not available 4. Quarterly Financial Statements 1）Financial statements ① Consolidated balance sheet Yantai Changyu Pioneer Wine Co., Ltd. Unit: CNY Item September 30th, 2021 December 31st, 2020 Current Assets： Monetary fund 1,473,211,443 1,194,214,929 Petty cash Lending funds Transactional financial assets Derivative financial assets Notes receivable Accounts receivable 179,473,228 183,853,362 Receivables Financing 269,846,535 338,090,187 Accounts prepaid 30,851,843 71,296,416 Premiums receivable Reinsurance accounts receivable Receivable reserves for reinsurance contract Other receivables 24,440,849 22,428,956 Including: Interest receivable Dividends receivable Buying back the sale of financial assets Inventory 2,953,856,837 2,945,548,651 Contract assets Assets classified as holding for sale Non-current assets expire in one year Other current assets 235,859,294 234,118,715 Total Current Assets 5,167,540,029 4,989,551,216 Non-current Assets： Offering loans and imprest Debt investment Other debt investment Long-term account receivable Long-term equity investment 47,425,914 48,263,507 Investment in other equity instrument Other non-current financial assets Real estate for investment 24,676,846 27,057,730 Fixed assets 5,625,782,578 5,724,935,846 Construction in progress 690,139,743 635,495,152 Biological assets for production 191,808,066 192,173,536 Oil and gas assets Right-of-use assets 106,972,930 Intangible assets 649,894,615 660,989,065 Development expenditure Goodwill 132,938,212 132,938,212 Long-term deferred expenses 326,582,353 314,465,855 Deferred tax assets 218,198,926 206,241,275 Other non-current assets 154,445,582 170,370,147 Total Non-Current Assets 8,168,865,765 8,112,930,325 Total Assets 13,336,405,794 13,102,481,541 Current liabilities： Short-term loan 709,833,200 689,090,715 Borrowings from the Central Bank Borrowing funds Transactional financial liability Derivative financial liabilities Notes payable Accounts payable 444,994,465 484,347,958 Advances from customers Contract liabilities 161,349,053 135,073,280 Sales/buyback financial assets Customer and interbank deposits Acting trading securities Acting underwriting securities Wage payable 152,906,801 188,779,911 Tax payable 236,591,579 213,412,813 Other accounts payable 412,969,457 386,105,526 Including: Interest payable 1,201,497 553,471 Dividend payable 404,542 1,003,125 Payable handling fees and commission Dividend payable for reinsurance Liabilities classified as holding for sale Non-current liabilities expire in one year 124,003,713 133,311,890 Other current liabilities 20,975,376 14,820,653 Total Current Liabilities 2,263,623,644 2,244,942,746 Non-Current Liabilities: Insurance contract reserve Long-term borrowings 189,971,429 200,352,968 Bonds payable Including: Preferred Stock Perpetual capital securities Lease liability 108,166,478 Long-term accounts payable 64,000,000 86,000,000 Long-term accrued payroll Estimated liabilities Deferred income 42,124,052 52,653,609 Deferred tax liabilities 11,679,645 12,022,613 Other non-current liabilities 2,078,972 2,078,971 Total non-current liabilities 418,020,576 353,108,161 Total liabilities 2,681,644,220 2,598,050,907 Owner’s equity (or shareholders’ equity): Capital stock 685,464,000 685,464,000 Other equity instruments Including: Preferred Stock Perpetual capital securities Capital reserve 524,968,760 524,968,760 Minus: treasury stock Other comprehensive income -16,564,741 576,129 Special reserves Surplus reserve 342,732,000 342,732,000 General risk preparation Undistributed profits 8,880,838,012 8,714,091,755 Total owner's equity attributable to the holding company 10,417,438,031 10,267,832,644 Minority interests 237,323,543 236,597,990 Total owner's equity 10,654,761,574 10,504,430,634 Total liabilities and owner's equity 13,336,405,794 13,102,481,541 Legal representative: Zhou Hongjiang; Person in charge of accounting : Jiang Jianxun; Person in charge of accounting organ: Guo Cuimei ② Consolidated profit statement from the beginning of the year to the end of the report period Unit: CNY Item Amount in this report period Amount in prior report period 1. Revenue 2,671,222,485 2,192,739,690 Including: Operating income 2,671,222,485 2,192,739,690 Interest income Earned premium Handling fees and commission income 2. Total operating costs 2,079,791,757 1,717,091,047 Including: Operating costs 1,116,643,740 950,246,786 Interest expenditure Handling fees and commission expenditure Premium rebate Net amount of indemnity expenditure Net amount of insurance contract reserve fund withdrawal Policy bonus payment Amortized reinsurance expenditures Taxes and surcharges 159,145,623 136,365,030 Selling expenses 584,801,218 421,620,422 Administrative expenses 201,906,440 190,953,700 Research and development expenditure 3,723,499 2,675,257 Financial expenses 13,571,237 15,229,852 Including: Interest expenses 21,606,786 25,065,852 Interest income 13,246,594 9,907,307 Plus:Other income 36,204,656 66,451,990 Investment profit (loss is listed with "-") -1,840,676 -1,256,105 Including: Investment profit for joint-run business and joint venture -1,840,676 -1,256,105 Termination of recognized income of financial assets measured at amortized cost (loss is listed with "-") Exchange income (loss is listed with "-") Net exposure hedging income (Loss is listed with “-”) Fair value charge profit (loss is listed with "-") Loss of credit impairment(loss is listed with "-") -9,174,028 3,125,029 Loss for impairment of assets(loss is listed with "-") 2,296,193 5,083,785 Assets disposal income (loss is listed with "-") -1,139,783 3. Operating profit (loss is listed with "-") 618,916,873 547,913,559 Plus: Non-operating income 5,043,079 7,619,514 Minus: Non-operating expenditure 1,658,504 1,073,199 4. Total profits (total loss is listed with "-") 622,301,448 554,459,874 Minus: Income taxes 173,193,630 147,252,351 5. Net profit (net loss is listed with "-") 449,107,818 407,207,523 （一）Classification by continuous operation 1.Net profit from continuous operation(net loss is listed with "-") 449,107,818 407,207,523 2.Net profit from terminational operation(net loss is listed with "-") (二)Classification by ownership 1.Net profits attribute to equity holders of the company 451,564,279 403,760,926 2. Minority interests -2,456,461 3,446,597 6. Net value of other comprehensive income after tax -19,534,801 -2,290,461 6.1 Net value of other comprehensive income after tax of holding company's owners -17,140,870 -2,631,948 6.1.1 Other comprehensive income that will not be classified into the profit and loss 6.1.1.1 Changes of the defined benefit plans that re-measured 6.1.1.2 Other comprehensive income under equity method that cannot be transfer to gain/loss 6.1.1.3 Change of fair value of investment in other equity instrument 6.1.1.4 Fair value change of enterprise's credit risk 6.1.1.5 Other 6.1.2 Other comprehensive income that will be classified into the profit and loss -17,140,870 -2,631,948 6.1.2.1 Other comprehensive income under equity method that can transfer to gain/loss 6.1.2.2 Change of fair value of other debt investment 6.1.2.3 Amount of financial assets re-classify to other comprehensive income 6.1.2.4 Credit impairment provision for other debt investment 6.1.2.5 Cash flow hedging reserve 6.1.2.6 Translation differences arising on translation of foreign currency financial statements -17,140,870 -2,631,948 6.1.2.7 Other 6.2 Net value of other comprehensive income after tax of minority shareholders -2,393,931 341,487 7.Total comprehensive Income 429,573,017 404,917,062 Total comprehensive income of holding company 434,423,409 401,128,978 Total comprehensive income of minority shareholders -4,850,392 3,788,084 8. Earnings per share 8.1 Basic earnings per share 0.66 0.59 8.2 Diluted earnings per share 0.66 0.59 During this report period, the issue relates to company consolidation under common control, consolidated party completes net profit amount of CNY0 before being consolidated, and consolidated party completes net profit amount of CNY0 in the same period of last year. Legal representative: Zhou Hongjiang; Person in charge of accounting: Jiang Jianxun; Person in charge of accounting organ: Guo Cuimei ③ Consolidated cash flow statement from the beginning of the year to the end of the report period Unit: CNY Item Amount in this report period Amount in prior report period 1. Cash flows from operating activities: Cash received from sales of goods and rending of services 2,812,156,999 2,310,331,855 Net increase in customer and interbank deposits Net increase in borrowings from central bank Net increase in borrowings from other financial institutions Cash received from receiving insurance premium of original insurance contract Net cash received from reinsurance business Net increase of deposit of insured and investment fund Cash received from collecting interest, handling fees and commission Net increase in borrowings Net increase in repurchasement business funds Net cash received from securities trading agency Tax refund received 35,554,848 33,733,604 Other cash received related to operating activities 89,165,735 69,259,710 Sub-total of cash inflows of operating activities 2,936,877,582 2,413,325,169 Cash paid for goods and services 826,697,935 855,818,928 Net increase in customer loans and advances Net increase in deposits in central bank and interbank deposits Cash paid to original insurance contract payments Net increase in lending funds Cash paid to interest, handling fees and commission Cash paid to policy bonus Cash paid to and on behalf of employees 347,266,653 325,519,463 Cash paid for taxes and expenses 564,651,786 605,846,671 Other cash paid related to operating activities 406,068,081 373,703,033 Sub-total of cash outflows of operating activities 2,144,684,455 2,160,888,095 Net cash flow from operating activities 792,193,127 252,437,074 2. Cash flow from investing activities: Cash received from return of investment 63,553,063 80,128,600 Cash received from obtaining investment profit 1,266,049 1,484,244 Cash received from disposal of fixed assets, intangible assets and other long-term assets 13,331 1,139,360 Net cash received from disposal of branch and other business unit Other cash received related to investing activities Sub-total of cash inflows of investment activities 64,832,443 82,752,204 Cash paid to acquire fixed assets, intangible asset and other long-term assets 157,862,603 100,318,579 Cash for investments 44,218,000 58,200,000 Net increase in hypothecated loan Net cash paid to acquire branch and other business unit Other cash paid related to investment activities Subtotal of cash outflows of investment activities 202,080,603 158,518,579 Net cash flow from investing activities -137,248,160 -75,766,375 3. Cash flow from financing activities Cash received from acquiring investment 7,840,000 Cash received from acquiring minority shareholders' investment by branch 7,840,000 Cash received from acquiring loans 652,239,164 784,217,057 Other cash received related to financing activities 21,654,861 Sub-total cash inflows of financing activities 681,734,025 784,217,057 Cash paid to repay debts 678,372,588 775,223,291 Cash paid to distribute dividend, profit or pay interest 295,219,066 514,217,826 Dividend and profit paid to minority shareholders by branch 1,872,818 2,932,523 Other cash paid related to financing activities 7,645,295 44,025,637 Sub-total of cash outflows of financing activities 981,236,949 1,333,466,754 Net cash flow from financing activities -299,502,924 -549,249,697 4. Influences of exchange rate fluctuation on cash and cash equivalents 698,524 -301,828 5. Net Increase of cash and cash equivalents 356,140,567 -372,880,826 Plus: balance at the beginning of the period of cash and cash equivalents 1,052,665,105 1,397,399,469 6. Balance at the end of the period of cash and cash equivalents 1,408,805,672 1,024,518,643 2）Explanation for adjustment in financial statements ① The situation of adjusting related items of the financial statements at the beginning of the year when it was first implemented owing to the first implementation of new Lease Standards since 2021. .Available .Not available Whether needs to adjust the balance sheet account at the beginning of the year .Yes .No Consolidated balance sheet Unit: CNY Item December 31st, 2020 January 1st, 2021 Adjusted amount Current Assets： Monetary fund 1,194,214,929 1,194,214,929 Petty cash Lending funds Transactional financial assets Derivative financial assets Notes receivable Accounts receivable 183,853,362 183,853,362 Receivables Financing 338,090,187 338,090,187 Accounts prepaid 71,296,416 71,296,416 Premiums receivable Reinsurance accounts receivable Receivable reserves for reinsurance contract Other receivables 22,428,956 22,428,956 Including: Interest receivable Dividends receivable Buying back the sale of financial assets Inventory 2,945,548,651 2,945,548,651 Contract assets Assets classified as holding for sale Non-current assets expire in one year Other current assets 234,118,715 234,118,715 Total Current Assets 4,989,551,216 4,989,551,216 Non-current Assets： Offering loans and imprest Debt investment Other debt investment Long-term account receivable Long-term equity investment 48,263,507 48,263,507 Investment in other equity instrument Other non-current financial assets Real estate for investment 27,057,730 27,057,730 Fixed assets 5,724,935,846 5,724,935,846 Construction in progress 635,495,152 635,495,152 Biological assets for production 192,173,536 192,173,536 Oil and gas assets Right-of-use assets 104,654,936 104,654,936 Intangible assets 660,989,065 660,989,065 Development expenditure Goodwill 132,938,212 132,938,212 Long-term deferred expenses 314,465,855 306,090,617 -8,375,238 Deferred tax assets 206,241,275 207,199,400 958,125 Other non-current assets 170,370,147 170,370,147 Total Non-Current Assets 8,112,930,325 8,210,168,148 97,237,823 Total Assets 13,102,481,541 13,199,719,364 97,237,823 Current liabilities： Short-term loan 689,090,715 689,090,715 Borrowings from the Central Bank Borrowing funds Transactional financial liability Derivative financial liabilities Notes payable Accounts payable 484,347,958 479,305,382 -5,042,576 Advances from customers Contract liabilities 135,073,280 135,073,280 Sales/buyback financial assets Customer and interbank deposits Acting trading securities Acting underwriting securities Wage payable 188,779,911 188,779,911 Tax payable 213,412,813 213,412,813 Other accounts payable 386,105,526 386,105,526 Including: Interest payable 553,471 553,471 Dividend payable 1,003,125 1,003,125 Payable handling fees and commission Dividend payable for reinsurance Liabilities classified as holding for sale Non-current liabilities expire in one year 133,311,890 141,497,136 8,185,246 Other current liabilities 14,820,653 14,820,653 Total Current Liabilities 2,244,942,746 2,248,085,416 3,142,670 Non-Current Liabilities: Insurance contract reserve Long-term borrowings 200,352,968 200,352,968 Bonds payable Including: Preferred Stock Perpetual capital securities Lease liability 104,489,294 104,489,294 Long-term accounts payable 86,000,000 86,000,000 Long-term accrued payroll Estimated liabilities Deferred income 52,653,609 52,653,609 Deferred tax liabilities 12,022,613 12,260,894 238,281 Other non-current liabilities 2,078,971 2,078,971 Total non-current liabilities 353,108,161 457,835,736 104,727,575 Total liabilities 2,598,050,907 2,705,921,152 107,870,245 Owner’s equity (or shareholders’ equity): Capital stock 685,464,000 685,464,000 Other equity instruments Including: Preferred Stock Perpetual capital securities Capital reserve 524,968,760 524,968,760 Minus: treasury stock Other comprehensive income 576,129 576,129 Special reserves Surplus reserve 342,732,000 342,732,000 General risk preparation Undistributed profits 8,714,091,755 8,703,459,333 -10,632,422 Total owner's equity attributable to the holding company 10,267,832,644 10,257,200,222 -10,632,422 Minority interests 236,597,990 236,597,990 Total owner's equity 10,504,430,634 10,493,798,212 -10,632,422 Total liabilities and owner's equity 13,102,481,541 （未完）  |