深物业B(200011):2023年半年度财务报告（英文版）

时间：2023年08月28日 11:41:29 中财网

原标题:深物业B:2023年半年度财务报告（英文版）

SHENZHEN PROPERTIES & RESOURCES DEVELOPMENT (GROUP) LTD.
SEMIANNUAL FINANCIAL REPORT 2023



August 2023


Financial Statements
I. 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 Shenzhen Properties & Resources Development (Group) Ltd.
30 June 2023
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	1,392,204,627.76	1,517,528,893.83
Settlement reserve
Interbank loans granted
Held-for-trading financial assets
Derivative financial assets
Notes receivable	0.00	0.00
Accounts receivable	416,925,839.15	419,933,915.30
Accounts receivable financing
Prepayments	10,207,824.31	100,341,806.56
Premiums receivable
Reinsurance receivables
Receivable reinsurance contract reserve
Other receivables	624,876,343.49	639,903,523.33
Including: Interest receivable	0.00	0.00
Dividends receivable	0.00	0.00
Financial assets purchased under resale agreements
Inventories	10,848,296,900.64	10,975,334,223.37
Contract assets	110,384,064.37	1,094,632.90
Assets held for sale
Current portion of non-current assets
Other current assets	70,987,410.26	65,655,266.27
Total current assets	13,473,883,009.98	13,719,792,261.56
Non-current assets:
Loans and advances to customers
Investments in debt obligations
Investments in other debt obligations
Long-term receivables	21,920,095.92	22,651,454.07
Long-term equity investments	81,575,705.63	79,781,437.31
Investments in other equity instruments	635,355.65	887,838.64
Other non-current financial assets
Investment property	405,664,937.06	405,762,739.18
Fixed assets	72,977,952.16	82,745,172.12
Construction in progress
Productive living assets
Oil and gas assets
Right-of-use assets	55,776,458.18	70,168,415.65
Intangible assets	946,082.32	1,269,382.91
Development costs
Goodwill	9,446,847.38	9,446,847.38
Long-term prepaid expense	19,591,506.08	21,980,602.46
Deferred income tax assets	1,353,192,386.31	1,383,050,586.04
Other non-current assets	3,926,873.08	2,750,873.08
Total non-current assets	2,025,654,199.77	2,080,495,348.84
Total assets	15,499,537,209.75	15,800,287,610.40
Current liabilities:
Short-term borrowings
Borrowings from the central bank
Interbank loans obtained
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable
Accounts payable	497,515,760.20	608,283,388.52
Advances from customers	1,209,185.48	2,260,847.31
Contract liabilities	119,759,723.57	920,828,040.81
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	193,072,434.89	239,126,392.02
Taxes payable	3,925,399,672.99	3,917,278,346.81
Other payables	1,704,126,936.52	1,515,085,832.45
Including: Interest payable	0.00	0.00
Dividends payable	227,351,128.25	12,202,676.04
Handling charges and commissions payable
Reinsurance payables
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities	222,669,043.37	218,858,766.82
Other current liabilities	3,392,989.52	83,991,786.83
Total current liabilities	6,667,145,746.54	7,505,713,401.57
Non-current liabilities:
Insurance contract reserve
Long-term borrowings	4,172,450,268.17	3,618,782,344.00
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities	62,925,499.87	77,963,283.55
Long-term payables	0.00	0.00
Long-term employee benefits payable	0.00	0.00
Provisions	766,612.52	766,612.52
Deferred income	0.00	0.00
Deferred income tax liabilities	174,168.87	241,978.54
Other non-current liabilities	128,251,841.93	128,008,919.79
Total non-current liabilities	4,364,568,391.36	3,825,763,138.40
Total liabilities	11,031,714,137.90	11,331,476,539.97
Owners’ equity:
Share capital	595,979,092.00	595,979,092.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	80,488,045.38	80,488,045.38
Less: Treasury stock	0.00	0.00
Other comprehensive income	-2,450,357.68	-3,854,377.95
Specific reserve
Surplus reserves	48,886,605.81	48,886,605.81
General reserve
Retained earnings	3,695,166,352.46	3,691,056,182.73
Total equity attributable to owners of the Company as the parent	4,418,069,737.97	4,412,555,547.97
Non-controlling interests	49,753,333.88	56,255,522.46
Total owners’ equity	4,467,823,071.85	4,468,811,070.43
Total liabilities and owners’ equity	15,499,537,209.75	15,800,287,610.40

Legal representative: Liu Shengxiang Head of financial affairs: Cai Lili
Head of the financial department: Liu Qiang
2. Balance Sheet of the Company as the Parent
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	732,674,528.27	532,263,736.63
Held-for-trading financial assets
Derivative financial assets
Notes receivable
Accounts receivable	2,719,055.69	5,137,042.71
Accounts receivable financing
Prepayments
Other receivables	4,596,372,355.43	5,162,396,869.45
Including: Interest receivable
Dividends receivable	151,433,108.41	151,433,108.41
Inventories	93,126,982.22	793,075,051.53
Contract assets	109,392,112.37
Assets held for sale
Current portion of non-current assets
Other current assets	1,025,446.90	18,130,015.97
Total current assets	5,535,310,480.88	6,511,002,716.29
Non-current assets:
Investments in debt obligations
Investments in other debt obligations
Long-term receivables
Long-term equity investments	1,449,541,586.02	1,447,747,317.70
Investments in other equity instruments	865,855.65	1,118,338.64
Other non-current financial assets
Investment property	264,768,426.75	260,599,477.89
Fixed assets	26,787,980.94	31,577,309.67
Construction in progress
Productive living assets
Oil and gas assets
Right-of-use assets	3,413,718.30	3,238,351.85
Intangible assets
Development costs
Goodwill
Long-term prepaid expense	580,220.67	860,115.06
Deferred income tax assets	90,295,008.03	152,942,094.59
Other non-current assets	2,511,552,650.86	2,362,376,650.86
Total non-current assets	4,347,805,447.22	4,260,459,656.26
Total assets	9,883,115,928.10	10,771,462,372.55
Current liabilities:
Short-term borrowings
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable
Accounts payable	54,032,590.97	41,228,778.20
Advances from customers	0.00	952,186.65
Contract liabilities	0.00	840,878,470.63
Employee benefits payable	50,427,323.40	56,425,731.67
Taxes payable	4,149,081.01	1,783,757.84
Other payables	7,341,237,233.98	7,258,663,180.38
Including: Interest payable
Dividends payable	215,178,094.61	29,642.40
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities	190,309,485.27	190,431,469.82
Other current liabilities	0.00	75,679,062.35
Total current liabilities	7,640,155,714.63	8,466,042,637.54
Non-current liabilities:
Long-term borrowings	431,200,000.00	462,000,000.00
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities	2,481,170.16	1,947,178.87
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income
Deferred income tax liabilities
Other non-current liabilities	40,000,000.00	40,000,000.00
Total non-current liabilities	473,681,170.16	503,947,178.87
Total liabilities	8,113,836,884.79	8,969,989,816.41
Owners’ equity:
Share capital	595,979,092.00	595,979,092.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	53,876,380.11	53,876,380.11
Less: Treasury stock
Other comprehensive income	-3,018,820.21	-2,742,841.65
Specific reserve
Surplus reserves	48,886,605.81	48,886,605.81
Retained earnings	1,073,555,785.60	1,105,473,319.87
Total owners’ equity	1,769,279,043.31	1,801,472,556.14
Total liabilities and owners’ equity	9,883,115,928.10	10,771,462,372.55

3. Consolidated Income Statement
Unit: RMB

Item	H1 2023	H1 2022
1. Revenue	1,905,464,632.85	1,988,299,840.24
Including: Operating revenue	1,905,464,632.85	1,988,299,840.24
Interest income
Insurance premium income
Handling charge and commission income
2. Costs and expenses	1,605,529,607.89	1,648,725,222.85
Including: Cost of sales	1,372,159,884.25	1,068,652,583.32
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	45,190,786.03	394,230,719.81
Selling expense	13,087,297.05	11,358,858.51
Administrative expense	149,188,184.18	143,701,058.05
R&D expense	1,711,051.44	2,689,725.40
Finance costs	24,192,404.94	28,092,277.76
Including: Interest expense	31,827,441.32	36,281,087.17
Interest income	7,930,755.87	9,179,453.97
Add: Other income	5,670,088.91	6,806,445.99
Return on investment (“-” for loss)	1,857,388.32	946,914.05
Including: Share of profit or loss of joint ventures and associates	1,857,388.32	859,534.38
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)
Credit impairment loss (“-” for loss)	-13,610,779.58	-14,462,076.54
Asset impairment loss (“-” for loss)	2,045.93	3,302.47
Asset disposal income (“-” for loss)	174,379.69	-41,452.49
3. Operating profit (“-” for loss)	294,028,148.23	332,827,750.87
Add: Non-operating income	-204,898.03	2,546,068.46
Less: Non-operating expense	357,718.39	1,417,586.84
4. Profit before tax (“-” for loss)	293,465,531.81	333,956,232.49
Less: Income tax expense	78,819,275.76	92,655,204.26
5. Net profit (“-” for net loss)	214,646,256.05	241,301,028.23
5.1 By operating continuity
5.1.1 Net profit from continuing operations (“-” for net loss)	214,584,900.22	241,301,028.23
5.1.2 Net profit from discontinued operations (“-” for net loss)	61,355.83	0.00
5.2 By ownership
5.2.1 Net profit attributable to shareholders of the Company as the parent (“-” for net loss)	220,903,444.63	250,802,157.71
5.2.2 Net profit attributable to non- controlling interests (“-” for net loss)	-6,257,188.58	-9,501,129.48
6. Other comprehensive income, net of tax	1,404,020.27	2,063,279.42
Attributable to owners of the Company as the parent	1,404,020.27	2,063,279.42
6.1 Items that will not be reclassified to profit or loss	-275,978.56	-118,365.58
6.1.1 Changes caused by remeasurements on defined benefit schemes	0.00	0.00
6.1.2 Other comprehensive income that will not be reclassified to profit or loss under the equity method	0.00	0.00
6.1.3 Changes in the fair value of investments in other equity instruments	-275,978.56	-118,365.58
6.1.4 Changes in the fair value arising from changes in own credit risk	0.00	0.00
6.1.5 Other	0.00	0.00
6.2 Items that will be reclassified to profit or loss	1,679,998.83	2,181,645.00
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	1,679,998.83	2,181,645.00
6.2.7 Other
Attributable to non-controlling interests	0.00	0.00
7. Total comprehensive income	216,050,276.32	243,364,307.65
Attributable to owners of the Company as the parent	222,307,464.90	252,865,437.13
Attributable to non-controlling interests	-6,257,188.58	-9,501,129.48
8. Earnings per share
8.1 Basic earnings per share	0.3707	0.4208
8.2 Diluted earnings per share	0.3707	0.4208

Where business combinations under common control occurred in the Current Period, the net profit achieved by the acquirees
before the combinations was RMB0, with the amount for the same period of last year being RMB0. Legal representative: Liu Shengxiang Head of financial affairs: Cai Lili
Head of the financial department: Liu Qiang.
4. Income Statement of the Company as the Parent
Unit: RMB

Item	H1 2023	H1 2022
1. Operating revenue	1,003,621,923.84	31,589,670.59
Less: Cost of sales	698,031,149.77	17,210,314.74
Taxes and surcharges	8,373,564.71	3,188,103.66
Selling expense	406,096.84	189,424.71
Administrative expense	47,358,840.75	45,512,068.89
R&D expense	0.00	0.00
Finance costs	6,675,706.20	4,842,416.19
Including: Interest expense	13,125,188.51	13,164,271.45
Interest income	3,531,500.73	5,221,428.26
Add: Other income	252,975.99	182,349.33
Return on investment (“-” for loss)	1,857,388.32	77,583,669.56
Including: Share of profit or loss of joint ventures and associates	1,857,388.32	859,534.38
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)
Credit impairment loss (“-” for loss)	482,276.30	47,995.81
Asset impairment loss (“-” for loss)
Asset disposal income (“-” for loss)	111,000.73	0.00
2. Operating profit (“-” for loss)	245,480,206.91	38,461,357.10
Add: Non-operating income	413,371.19	0.00
Less: Non-operating expense	15,573.60	23,576.47
3. Profit before tax (“-” for loss)	245,878,004.50	38,437,780.63
Less: Income tax expense	62,647,086.56	8,672,460.66
4. Net profit (“-” for net loss)	183,230,917.94	29,765,319.97
4.1 Net profit from continuing operations (“-” for net loss)	183,230,917.94	29,765,319.97
4.2 Net profit from discontinued operations (“-” for net loss)
5. Other comprehensive income, net of tax	-275,978.56	-118,365.58
5.1 Items that will not be reclassified to profit or loss	-275,978.56	-118,365.58
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	-275,978.56	-118,365.58
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	182,954,939.38	29,646,954.39
7. Earnings per share
7.1 Basic earnings per share	0.3074	0.0499
7.2 Diluted earnings per share	0.3074	0.0499

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	1,134,538,536.26	1,508,257,820.26
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	15,030,885.06	9,187,939.90
Cash generated from other operating activities	126,769,873.68	461,787,150.96
Subtotal of cash generated from operating activities	1,276,339,295.00	1,979,232,911.12
Payments for commodities and services	1,075,770,309.73	1,486,656,535.01
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	495,986,685.15	503,751,276.86
Taxes paid	157,276,244.25	278,354,981.59
Cash used in other operating activities	127,327,714.02	106,464,348.75
Subtotal of cash used in operating activities	1,856,360,953.15	2,375,227,142.21
Net cash generated from/used in operating activities	-580,021,658.15	-395,994,231.09
2. Cash flows from investing activities:
Proceeds from disinvestment
Return on investment	63,120.00	0.00
Net proceeds from the disposal of fixed assets, intangible assets and other long- lived assets	73,664.52	33,054.00
Net proceeds from the disposal of subsidiaries and other business units
Cash generated from other investing activities
Subtotal of cash generated from investing activities	136,784.52	33,054.00
Payments for the acquisition of fixed assets, intangible assets and other long- lived assets	2,589,103.59	8,208,285.38
Payments for investments	1,644,822.69	240,634,030.00
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	4,233,926.28	248,842,315.38
activities
Net cash generated from/used in investing activities	-4,097,141.76	-248,809,261.38
3. Cash flows from financing activities:
Capital contributions received	0.00	1,260,000.00
Including: Capital contributions by non-controlling interests to subsidiaries	0.00	1,260,000.00
Borrowings raised	590,984,586.17	286,832,330.00
Cash generated from other financing activities
Subtotal of cash generated from financing activities	590,984,586.17	288,092,330.00
Repayment of borrowings	32,316,662.00	30,900,000.00
Interest and dividends paid	94,407,905.77	93,476,441.56
Including: Dividends paid by subsidiaries to non-controlling interests	245,000.00
Cash used in other financing activities	15,224,062.82	12,142,998.09
Subtotal of cash used in financing activities	141,948,630.59	136,519,439.65
Net cash generated from/used in financing activities	449,035,955.58	151,572,890.35
4. Effect of foreign exchange rates changes on cash and cash equivalents	2,054,469.55	2,438,091.50
5. Net increase in cash and cash equivalents	-133,028,374.78	-490,792,510.62
Add: Cash and cash equivalents, beginning of the period	1,509,693,857.48	1,963,988,756.69
6. Cash and cash equivalents, end of the period	1,376,665,482.70	1,473,196,246.07

6. Cash Flow Statement of the Company as the Parent （未完）