苏常柴Ｂ(200570):2023年半年度财务报告（英文版）

时间：2023年08月23日 17:41:38 中财网

原标题:苏常柴Ｂ:2023年半年度财务报告（英文版）

Changchai Company, Limited
SEMI-Financial Report For the Year 2023
I Independent Auditor’s Report
Are these interim financial statements audited by an independent auditor? □ Yes √ No
These interim financial statements have not been audited by an independent auditor. II Financial Statements
Currency unit for the financial statements and the notes thereto: RMB 1. Consolidated Balance Sheet
Prepared by Changchai Company, Limited
30 June 2023
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	851,514,113.92	930,013,350.97
Settlement reserve
Interbank loans granted
Held-for-trading financial assets	361,470,809.32	370,103,602.57
Derivative financial assets
Notes receivable	303,323,811.21	297,125,872.54
Accounts receivable	934,790,431.84	370,322,179.77
Accounts receivable financing	73,649,132.14	242,813,392.79
Prepayments	13,987,786.33	6,330,202.69
Premiums receivable
Reinsurance receivables
Receivable reinsurance contract reserve
Other receivables	86,055,608.38	32,938,305.16
Including: Interest receivable
Dividends receivable	323,730.00
Financial assets purchased under resale agreements
Inventories	557,524,141.36	571,996,881.74
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets	6,821,658.96	49,279,022.49
Total current assets	3,189,137,493.46	2,870,922,810.72
Non-current assets:
Loans and advances to customers
Investments in debt obligations	40,015,268.70	39,309,587.93
Investments in other debt obligations
Long-term receivables
Long-term equity investments
Investments in other equity instruments	1,042,219,240.08	955,560,240.08
Other non-current financial assets	373,500,000.00	373,500,000.00
Investment property	40,942,541.87	42,160,779.65
Fixed assets	683,448,533.29	720,061,387.76
Construction in progress	30,905,577.10	30,281,547.56
Productive living assets
Oil and gas assets
Right-of-use assets
Intangible assets	149,758,450.45	157,392,217.54
Development costs
Goodwill
Long-term prepaid expense	3,145,658.61	3,279,970.32
Deferred income tax assets	4,617,363.32	26,220,575.93
Other non-current assets	1,393,241.19	670,735.93
Total non-current assets	2,369,945,874.61	2,348,437,042.70
Total assets	5,559,083,368.07	5,219,359,853.42
Current liabilities:
Short-term borrowings	110,447,699.49	115,437,700.65
Borrowings from the central bank
Interbank loans obtained
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable	702,452,311.45	471,876,397.72
Accounts payable	647,261,475.07	747,010,098.88
Advances from customers	815,054.54	837,425.55
Contract liabilities	33,094,812.97	32,843,692.83
Financial assets sold under repurchase agreements
Customer deposits and interbank deposits
Payables for acting trading of securities
Payables for underwriting of securities
Employee benefits payable	13,799,549.93	49,351,022.47
Taxes payable	5,326,332.75	8,570,175.39
Other payables	162,180,812.51	160,046,882.93
Including: Interest payable
Dividends payable	3,891,433.83	3,891,433.83
Handling charges and commissions payable
Reinsurance payables
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities
Other current liabilities	108,306,935.42	78,645,741.16
Total current liabilities	1,783,684,984.13	1,664,619,137.58
Non-current liabilities:
Insurance contract reserve
Long-term borrowings
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income	34,500,761.21	36,205,625.94
Deferred income tax liabilities	178,842,024.98	161,360,251.33
Other non-current liabilities
Total non-current liabilities	213,342,786.19	197,565,877.27
Total liabilities	1,997,027,770.32	1,862,185,014.85
Owners’ equity:
Share capital	705,692,507.00	705,692,507.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	640,133,963.01	640,133,963.01
Less: Treasury stock
Other comprehensive income	729,001,854.07	655,341,704.07
Specific reserve	21,026,667.08	18,848,856.75
Surplus reserves	349,197,725.72	349,197,725.72
General reserve
Retained earnings	1,040,376,308.94	915,495,909.35
Total equity attributable to owners of the Company as the parent	3,485,429,025.82	3,284,710,665.90
Non-controlling interests	76,626,571.93	72,464,172.67
Total owners’ equity	3,562,055,597.75	3,357,174,838.57
Total liabilities and owners’ equity	5,559,083,368.07	5,219,359,853.42

Legal representative: Xie Guozhong General Manager: Xie Guozhong
Head of the accounting department: Jiang He
2. Balance Sheet of the Company as the Parent
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	691,752,491.28	792,744,709.77
Held-for-trading financial assets	250,354,111.11	280,354,111.11
Derivative financial assets
Notes receivable	271,518,313.78	282,556,327.54
Accounts receivable	881,319,079.38	329,060,940.50
Accounts receivable financing	127,421,331.00	291,837,385.00
Prepayments	11,595,756.22	3,097,586.07
Other receivables	360,599,343.16	179,596,495.57
Including: Interest receivable
Dividends receivable
Inventories	365,868,555.83	397,626,837.43
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets	3,899,274.38	15,594,949.05
Total current assets	2,964,328,256.14	2,572,469,342.04
Non-current assets:
Investments in debt obligations	40,015,268.70	39,309,587.93
Investments in other debt obligations
Long-term receivables
Long-term equity investments	569,273,530.03	569,273,530.03
Investments in other equity instruments	1,042,219,240.08	955,560,240.08
Other non-current financial assets	373,500,000.00	373,500,000.00
Investment property	40,942,541.87	42,160,779.65
Fixed assets	227,448,700.45	249,558,305.21
Construction in progress	19,479,659.35	18,366,604.84
Productive living assets
Oil and gas assets
Right-of-use assets
Intangible assets	58,585,924.15	64,783,364.89
Development costs
Goodwill
Long-term prepaid expense
Deferred income tax assets	182,217.62	19,860,262.43
Other non-current assets
Total non-current assets	2,371,647,082.25	2,332,372,675.06
Total assets	5,335,975,338.39	4,904,842,017.10
Current liabilities:
Short-term borrowings	107,447,699.49	108,437,700.65
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable	749,494,510.31	518,918,596.58
Accounts payable	529,683,922.85	541,911,517.64
Advances from customers		837,425.55
Contract liabilities	25,822,486.68	24,129,579.35
Employee benefits payable	4,814,304.67	41,558,489.86
Taxes payable	2,131,290.34	3,119,171.69
Other payables	150,757,906.83	151,206,684.89
Including: Interest payable
Dividends payable	3,243,179.97	3,243,179.97
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities
Other current liabilities	107,037,385.15	67,810,395.33
Total current liabilities	1,677,189,506.32	1,457,929,561.54
Non-current liabilities:
Long-term borrowings
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income	34,500,761.21	36,205,625.94
Deferred income tax liabilities	161,790,514.83	149,039,152.68
Other non-current liabilities
Total non-current liabilities	196,291,276.04	185,244,778.62
Total liabilities	1,873,480,782.36	1,643,174,340.16
Owners’ equity:
Share capital	705,692,507.00	705,692,507.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	659,418,700.67	659,418,700.67
Less: Treasury stock
Other comprehensive income	729,001,854.07	655,341,704.07
Specific reserve	21,026,667.08	18,848,856.75
Surplus reserves	349,197,725.72	349,197,725.72
Retained earnings	998,157,101.49	873,168,182.73
Total owners’ equity	3,462,494,556.03	3,261,667,676.94
Total liabilities and owners’ equity	5,335,975,338.39	4,904,842,017.10

Legal representative: Xie Guozhong General Manager: Xie Guozhong
Head of the accounting department: Jiang He
3. Consolidated Income Statement
Unit: RMB

Item	H1 2023	H1 2022
1. Revenue	1,350,517,639.85	1,178,222,492.04
Including: Operating revenue	1,350,517,639.85	1,178,222,492.04
Interest income
Insurance premium income
Handling charge and commission income
2. Costs and expenses	1,322,596,281.11	1,175,890,460.94
Including: Cost of sales	1,168,898,203.83	1,051,395,232.42
Interest expense
Handling charge and commission expense
Surrenders
Net insurance claims paid
Net amount provided as insurance contract reserve
Expenditure on policy dividends
Reinsurance premium expense
Taxes and surcharges	7,827,255.58	5,360,425.54
Selling expense	62,131,032.17	51,759,201.38
Administrative expense	52,877,371.06	40,216,534.11
R&D expense	35,839,071.42	40,159,787.47
Finance costs	-4,976,652.95	-13,000,719.98
Including: Interest expense	3,343,884.90	3,276,786.93
Interest income	4,264,102.18	6,634,812.22
Add: Other income	3,299,056.52	1,602,830.77
Return on investment (“-” for loss)	3,226,921.70	11,744,282.88
Including: Share of profit or loss of joint ventures and associates
Income from the derecognition of financial assets at amortized cost (“-” for loss)
Exchange gain (“-” for loss)
Net gain on exposure hedges (“-” for loss)
Gain on changes in fair value (“-” for loss)	19,360,455.86	-30,488,388.88
Credit impairment loss (“-” for loss)	-14,547,351.17	-11,932,826.66
Asset impairment loss (“-” for loss)	-565,273.49	4,342,775.64
Asset disposal income (“-” for loss)	105,395,693.25	-361,395.36
3. Operating profit (“-” for loss)	144,090,861.41	-22,760,690.51
Add: Non-operating income	495,538.97	2,349,897.18
Less: Non-operating expense	1,297,348.13	392,257.24
4. Profit before tax (“-” for loss)	143,289,052.25	-20,803,050.57
Less: Income tax expense	7,189,328.33	-6,206,048.88
5. Net profit (“-” for net loss)	136,099,723.92	-14,597,001.69
5.1 By operating continuity
5.1.1 Net profit from continuing operations (“-” for net loss)	136,099,723.92	-14,597,001.69
5.1.2 Net profit from discontinued operations (“-” for net loss)
5.2 By ownership
5.2.1 Net profit attributable to owners of the Company as the parent	131,937,324.66	-14,595,269.61
5.2.1 Net profit attributable to non-controlling interests	4,162,399.26	-1,732.08
6. Other comprehensive income, net of tax	73,660,150.00	-49,265,150.00
Attributable to owners of the Company as the parent	73,660,150.00	-49,265,150.00
6.1 Items that will not be reclassified to profit or loss	73,660,150.00	-49,265,150.00
6.1.1 Changes caused by remeasurements on defined benefit schemes
6.1.2 Other comprehensive income that will not be reclassified to profit or loss under the equity method
6.1.3 Changes in the fair value of investments in other equity instruments	73,660,150.00	-49,265,150.00
6.1.4 Changes in the fair value arising from changes in own credit risk
6.1.5 Other
6.2 Items that will be reclassified to profit or loss
6.2.1 Other comprehensive income that will be reclassified to profit or loss under the equity method
6.2.2 Changes in the fair value of investments in other debt obligations
6.2.3 Other comprehensive income arising from the reclassification of financial assets
6.2.4 Credit impairment allowance for investments in other debt obligations
6.2.5 Reserve for cash flow hedges
6.2.6 Differences arising from the translation of foreign currency-denominated financial statements
6.2.7 Other
Attributable to non-controlling interests
7. Total comprehensive income	209,759,873.92	-63,862,151.69
Attributable to owners of the Company as the parent	205,597,474.66	-63,860,419.61
Attributable to non-controlling interests	4,162,399.26	-1,732.08
8. Earnings per share
8.1 Basic earnings per share	0.1870	-0.0207
8.2 Diluted earnings per share	0.1870	-0.0207

Legal representative: Xie Guozhong General Manager: Xie Guozhong
Head of the accounting department: Jiang He
4. Income Statement of the Company as the Parent
Unit: RMB

Item	H1 2023	H1 2022
1. Operating revenue	1,245,166,233.55	1,078,301,529.20
Less: Cost of sales	1,092,404,343.46	970,973,105.63
Taxes and surcharges	4,338,250.54	3,155,384.25
Selling expense	55,517,272.45	46,868,501.97
Administrative expense	37,544,625.71	30,805,739.43
R&D expense	31,151,256.18	38,111,512.10
Finance costs	-8,436,313.24	-12,522,766.90
Including: Interest expense	1,562,299.35	2,512,056.83
Interest income	7,952,110.19	6,463,613.32
Add: Other income	3,200,820.43	1,591,699.00
Return on investment (“-” for loss)	2,732,242.23	11,181,384.11
Including: Share of profit or loss of joint ventures and associates
Income from the derecognition of financial assets at amortized cost (“-” for loss)
Net gain on exposure hedges (“-” for loss)
Gain on changes in fair value (“-” for loss)	354,111.11	677,397.27
Credit impairment loss (“-” for loss)	-11,755,063.73	-18,418,259.44
Asset impairment loss (“-” for loss)	-410,653.17	4,630,554.88
Asset disposal income (“-” for loss)	105,393,483.13	3,985,814.42
2. Operating profit (“-” for loss)	132,161,738.45	4,558,642.96
Add: Non-operating income		106,436.47
Less: Non-operating expense	363,382.47	551,906.60
3. Profit before tax (“-” for loss)	131,798,355.98	4,113,172.83
Less: Income tax expense	-247,487.85	0.00
4. Net profit (“-” for net loss)	132,045,843.83	4,113,172.83
4.1 Net profit from continuing operations (“-” for net loss)	132,045,843.83	4,113,172.83
4.2 Net profit from discontinued operations (“-” for net loss)
5. Other comprehensive income, net of tax	73,660,150.00	-49,265,150.00
5.1 Items that will not be reclassified to profit or loss	73,660,150.00	-49,265,150.00
5.1.1 Changes caused by remeasurements on defined benefit schemes
5.1.2 Other comprehensive income that will not be reclassified to profit or loss under the equity method
5.1.3 Changes in the fair value of investments in other equity instruments	73,660,150.00	-49,265,150.00
5.1.4 Changes in the fair value arising from changes in own credit risk
5.1.5 Other
5.2 Items that will be reclassified to profit or loss
5.2.1 Other comprehensive income that will be reclassified to profit or loss under the equity method
5.2.2 Changes in the fair value of investments in other debt obligations
5.2.3 Other comprehensive income arising from the reclassification of financial assets
5.2.4 Credit impairment allowance for investments in other debt obligations
5.2.5 Reserve for cash flow hedges
5.2.6 Differences arising from the translation of foreign currency-denominated financial statements
5.2.7 Other
6. Total comprehensive income	205,705,993.83	-45,151,977.17
7. Earnings per share
7.1 Basic earnings per share
7.2 Diluted earnings per share

Legal representative: Xie Guozhong General Manager: Xie Guozhong
Head of the accounting department: Jiang He
5. Consolidated Cash Flow Statement
Unit: RMB

Item	H1 2023	H1 2022
1. Cash flows from operating activities:
Proceeds from sale of commodities and rendering of services	1,010,313,942.34	852,422,695.04
Net increase in customer deposits and interbank deposits
Net increase in borrowings from the central bank
Net increase in loans from other financial institutions
Premiums received on original insurance contracts
Net proceeds from reinsurance
Net increase in deposits and investments of policy holders
Interest, handling charges and commissions received
Net increase in interbank loans obtained
Net increase in proceeds from repurchase transactions
Net proceeds from acting trading of securities
Tax rebates	69,957,787.95	21,003,040.54
Cash generated from other operating activities	11,524,017.72	15,868,307.49
Subtotal of cash generated from operating activities	1,091,795,748.01	889,294,043.07
Payments for commodities and services	918,215,681.86	692,753,586.82
Net increase in loans and advances to customers
Net increase in deposits in the central bank and in interbank loans granted
Payments for claims on original insurance contracts
Net increase in interbank loans granted
Interest, handling charges and commissions paid
Policy dividends paid
Cash paid to and for employees	174,060,228.57	171,587,076.85
Taxes paid	23,195,064.69	22,071,086.33
Cash used in other operating activities	81,121,589.64	77,182,794.19
Subtotal of cash used in operating activities	1,196,592,564.76	963,594,544.19
Net cash generated from/used in operating activities	-104,796,816.75	-74,300,501.12
2. Cash flows from investing activities:
Proceeds from disinvestment	623,016,751.99	60,336,793.52
Return on investment	4,508,124.22	11,678,930.55
Net proceeds from the disposal of fixed assets, intangible assets and other long-lived assets	57,844,735.80	176.99
Net proceeds from the disposal of subsidiaries and other business units
Cash generated from other investing activities		169,856.31
Subtotal of cash generated from investing activities	685,369,612.01	72,185,757.37
Payments for the acquisition of fixed assets, intangible assets and other long-lived assets	135,352,075.57	32,486,960.27
Payments for investments	595,377,614.00	126,279,631.00
Net increase in pledged loans granted
Net payments for the acquisition of subsidiaries and other business units
Cash used in other investing activities
Subtotal of cash used in investing activities	730,729,689.57	158,766,591.27
Net cash generated from/used in investing activities	-45,360,077.56	-86,580,833.90
3. Cash flows from financing activities:
Capital contributions received
Including: Capital contributions by non-controlling interests to subsidiaries
Borrowings raised
Cash generated from other financing activities		49,395,924.99
Subtotal of cash generated from financing activities		49,395,924.99
Repayment of borrowings
Interest and dividends paid	8,886,489.92	18,895,164.72
Including: Dividends paid by subsidiaries to non-controlling interests
Cash used in other financing activities		2,604,075.01
Subtotal of cash used in financing activities	8,886,489.92	21,499,239.73
Net cash generated from/used in financing activities	-8,886,489.92	27,896,685.26
4. Effect of foreign exchange rates changes on cash and cash equivalents
5. Net increase in cash and cash equivalents	-159,043,384.23	-132,984,649.76
Add: Cash and cash equivalents, beginning of the period	810,350,966.05	573,623,529.10
6. Cash and cash equivalents, end of the period	651,307,581.82	440,638,879.34

Legal representative: Xie Guozhong General Manager: Xie Guozhong （未完）