方大Ｂ(200055):2023年半年度财务报告（英文版）

时间：2023年08月28日 17:26:25 中财网

原标题:方大Ｂ:2023年半年度财务报告（英文版）

CHINA FANGDA GROUP CO., LTD.





2023 Financial Statements




August 2023

I. Auditor's report
Whether the interim report is audited
□ Yes ? No
The financial statements for H1 2014 have not been audited. II. Financial statements
Unit for statements in notes to financial statements: RMB yuan 1. Consolidated Balance Sheet
Prepared by: China Fangda Group Co., Ltd.
June 30, 2023
In RMB

Item	June 30, 2023	January 1, 2023
Current asset:
Monetary capital	1,286,506,293.96	1,238,754,216.50
Settlement provision
Outgoing call loan
Transactional financial assets
Derivative financial assets	77,586.17	789,205.34
Notes receivable	53,200,336.92	130,428,554.49
Account receivable	639,885,280.36	832,292,348.17
Receivable financing	9,703,929.82	1,338,202.01
Prepayment	24,606,127.42	20,631,650.59
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts receivable
Other receivables	163,623,479.94	155,379,024.22
Including: interest receivable
Dividend receivable
Repurchasing of financial assets
Inventory	676,008,744.99	710,532,397.32
Contract assets	2,542,073,692.15	2,158,860,658.43
Assets held for sales
Non-current assets due in 1 year	321,983,047.30
Other current assets	227,624,785.92	200,981,963.60
Total current assets	5,945,293,304.95	5,449,988,220.67
Non-current assets:
Loan and advancement provided
Debt investment
Other debt investment
Long-term receivables
Long-term share equity investment	54,969,336.56	54,969,042.14
Investment in other equity tools		11,968,973.86
Other non-current financial assets	7,515,217.28	7,507,434.68
Investment real estate	5,760,292,920.72	5,760,517,577.11
Fixed assets	636,359,361.87	646,812,853.36
Construction in process	272,641.50
Productive biological assets
Gas & petrol
Use right assets	19,572,056.81	19,449,693.40
Intangible assets	94,437,660.64	72,679,444.26
R&D expense
Goodwill
Long-term amortizable expenses	8,167,568.78	9,744,661.01
Deferred income tax assets	224,275,866.64	220,060,976.88
Other non-current assets	188,168,489.48	491,486,416.65
Total of non-current assets	6,994,031,120.28	7,295,197,073.35
Total of assets	12,939,324,425.23	12,745,185,294.02
Current liabilities
Short-term loans	1,575,882,917.01	1,318,238,522.78
Loans from Central Bank
Call loan received
Transactional financial liabilities
Derivative financial liabilities	1,439,675.00	293,400.00
Notes payable	761,789,844.33	734,890,208.56
Account payable	1,687,628,665.10	1,718,036,375.78
Prepayment received	2,640,045.93	1,439,653.84
Contract liabilities	111,056,258.14	207,993,671.55
Selling of repurchased financial assets
Deposit received and held for others
Entrusted trading of securities
Entrusted selling of securities
Employees' wage payable	36,639,314.27	67,150,863.91
Taxes payable	59,751,167.49	85,827,331.09
Other payables	109,992,243.02	113,425,377.70
Including: interest payable
Dividend payable
Fees and commissions payable
Reinsurance fee payable
Liabilities held for sales
Non-current liabilities due in 1 year	118,865,039.42	83,778,647.06
Other current liabilities	50,689,992.84	48,133,198.49
Total current liabilities	4,516,375,162.55	4,379,207,250.76
Non-current liabilities:
Insurance contract provision
Long-term loans	1,193,000,000.00	1,263,500,000.00
Bond payable
Including: preferred stock
Perpetual bond
Lease liabilities	8,553,119.00	6,907,456.55
Long-term payable	204,640,219.18	197,640,219.18
Long-term employees' wage payable
Anticipated liabilities	5,520,119.55	3,372,553.84
Deferred earning	8,716,557.86	8,999,880.44
Deferred income tax liabilities	1,060,525,339.35	1,065,172,771.00
Other non-current liabilities
Total of non-current liabilities	2,480,955,354.94	2,545,592,881.01
Total liabilities	6,997,330,517.49	6,924,800,131.77
Owner's equity:
Share capital	1,073,874,227.00	1,073,874,227.00
Other equity tools
Including: preferred stock
Perpetual bond
Capital reserves	11,459,588.40	11,459,588.40
Less: Shares in stock
Other miscellaneous income	21,883,672.89	31,986,716.79
Special reserves
Surplus reserve	79,324,940.43	79,324,940.43
Common risk provisions
Retained profit	4,681,756,959.13	4,553,295,402.30
Total of owner's equity belong to the parent company	5,868,299,387.85	5,749,940,874.92
Minor shareholders' equity	73,694,519.89	70,444,287.33
Total of owners' equity	5,941,993,907.74	5,820,385,162.25
Total of liabilities and owner's interest	12,939,324,425.23	12,745,185,294.02

Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua 2. Balance Sheet of the Parent Company
In RMB

Item	June 30, 2023	January 1, 2023
Current asset:
Monetary capital	23,334,355.42	87,710,288.64
Transactional financial assets
Derivative financial assets
Notes receivable
Account receivable	484,193.88	647,944.58
Receivable financing
Prepayment	25,828.57	277,763.31
Other receivables	1,073,141,303.92	1,046,500,428.02
Including: interest receivable
Dividend receivable
Inventory
Contract assets
Assets held for sales
Non-current assets due in 1 year
Other current assets	1,610,485.59	1,395,020.37
Total current assets	1,098,596,167.38	1,136,531,444.92
Non-current assets:
Debt investment
Other debt investment
Long-term receivables
Long-term share equity investment	1,486,831,253.00	1,457,331,253.00
Investment in other equity tools		11,968,973.86
Other non-current financial assets	30,000,001.00	30,000,001.00
Investment real estate	333,236,768.00	333,236,768.00
Fixed assets	64,892,170.19	66,203,194.37
Construction in process
Productive biological assets
Gas & petrol
Use right assets	10,201,006.25	12,055,734.65
Intangible assets	887,443.37	1,038,211.65
R&D expense
Goodwill
Long-term amortizable expenses	295,311.04	393,807.16
Deferred income tax assets	34,531,293.77	30,304,587.98
Other non-current assets
Total of non-current assets	1,960,875,246.62	1,942,532,531.67
Total of assets	3,059,471,414.00	3,079,063,976.59
Current liabilities
Short-term loans	300,050,833.33	300,247,500.00
Transactional financial liabilities
Derivative financial liabilities
Notes payable
Account payable	823,993.04	803,645.08
Prepayment received	788,550.45	820,758.71
Contract liabilities
Employees' wage payable	1,248,465.49	3,444,985.79
Taxes payable	868,784.39	353,816.35
Other payables	360,226,113.08	308,443,521.52
Including: interest payable
Dividend payable
Liabilities held for sales
Non-current liabilities due in 1 year	3,747,236.76	3,613,300.13
Other current liabilities	27,859.15	25,213.92
Total current liabilities	667,781,835.69	617,752,741.50
Non-current liabilities:
Long-term loans
Bond payable
Including: preferred stock
Perpetual bond
Lease liabilities	7,481,056.95	9,401,331.72
Long-term payable
Long-term employees' wage payable
Anticipated liabilities
Deferred earning
Deferred income tax liabilities	73,837,939.59	74,007,022.67
Other non-current liabilities
Total of non-current liabilities	81,318,996.54	83,408,354.39
Total liabilities	749,100,832.23	701,161,095.89
Owner's equity:
Share capital	1,073,874,227.00	1,073,874,227.00
Other equity tools
Including: preferred stock
Perpetual bond
Capital reserves	360,835.52	360,835.52
Less: Shares in stock
Other miscellaneous income	-10,082,945.37	-1,106,214.97
Special reserves
Surplus reserve	79,324,940.43	79,324,940.43
Retained profit	1,166,893,524.19	1,225,449,092.72
Total of owners' equity	2,310,370,581.77	2,377,902,880.70
Total of liabilities and owner's interest	3,059,471,414.00	3,079,063,976.59

3. Consolidated Income Statement
In RMB

Item	H1 2023	H1 2022
1. Total revenue	2,078,846,877.32	1,613,063,315.30
Incl. Business income	2,078,846,877.32	1,613,063,315.30
Interest income
Insurance fee earned
Fee and commission received
2. Total business cost	1,877,202,076.89	1,492,648,248.55
Incl. Business cost	1,624,230,468.63	1,259,515,842.60
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Net insurance policy responsibility reserves provided
Insurance policy dividend paid
Reinsurance expenses
Taxes and surcharges	22,503,741.56	23,203,954.56
Sales expense	28,143,556.79	23,296,105.78
Administrative expense	79,590,941.46	74,193,251.57
R&D cost	88,989,510.66	72,809,311.17
Financial expenses	33,743,857.79	39,629,782.88
Including: interest cost	48,188,161.19	50,244,714.46
Interest income	12,097,319.82	19,918,179.96
Add: other gains	8,563,782.32	6,768,907.75
Investment gains ("-" for loss)	-2,361,833.19	4,595,678.43
Incl. Investment gains from affiliates and joint ventures	294.42	-32,974.15
Financial assets derecognised as a result of amortized cost	-2,362,127.61	-1,859,057.85
Exchange gains ("-" for loss)
Net open hedge gains ("-" for loss)
Gains from change of fair value ("-" for loss)	129,892.00	1,180,840.01
Credit impairment ("-" for loss)	20,274,577.59	25,016,298.34
Investment impairment loss ("-" for loss)	-14,673,904.92	-27,659,612.75
Investment gains ("-" for loss)	373,352.08	-815,581.50
3. Operational profit ("-" for loss)	213,950,666.31	129,501,597.03
Plus: non-operational income	204,046.54	446,386.82
Less: non-operational expenditure	569,862.59	2,578,001.31
4. Gross profit ("-" for loss)	213,584,850.26	127,369,982.54
Less: Income tax expenses	28,189,905.44	13,005,121.74
5. Net profit ("-" for net loss)	185,394,944.82	114,364,860.80
(1) By operating consistency
1. Net profit from continuous operation ("-" for net loss)	185,394,944.82	114,364,860.80
2. Net profit from discontinuous operation ("-" for net loss)
(2) By ownership
1. Net profit attributable to the shareholders of the parent company	182,155,268.18	112,685,273.77
2. Gains and losses of minority shareholders (net losses are shown in "-")	3,239,676.64	1,679,587.03
6. After-tax net amount of other misc. incomes	-10,092,487.98	-427,835.59
After-tax net amount of other misc. incomes attributed to parent's owner	-10,103,043.90	-450,330.27
(1) Other misc. incomes that cannot be re-classified into gain and loss	-8,976,730.40
1. Re-measure the change in the defined benefit plan
2. Other comprehensive income that cannot be transferred to profit or loss under the equity method
3. Fair value change of investment in other equity tools	-8,976,730.40
4. Fair value change of the Company's credit risk
5. Others
(2) Other misc. incomes that will be re-classified into gain and loss	-1,126,313.50	-450,330.27
1. Other comprehensive income that can be transferred to profit or loss under the equity method
2. Fair value change of other debt investment
3. Gains and losses from changes in fair value of available-for-sale financial assets
4. Other credit investment credit impairment provisions
5. Cash flow hedge reserve	-1,579,210.04	-960,094.83
6. Translation difference of foreign exchange statement	452,896.54	509,764.56
7. Others
After-tax net of other misc. income attributed to minority shareholders	10,555.92	22,494.68
7. Total of misc. incomes	175,302,456.84	113,937,025.21
Total of misc. incomes attributable to the owners of the parent company	172,052,224.28	112,234,943.50
Total misc gains attributable to the minor shareholders	3,250,232.56	1,702,081.71
8. Earnings per share:
(1) Basic earnings per share	0.17	0.10
(2) Diluted earnings per share	0.17	0.10

Net profit contributed by entities merged under common control in the report period was RMB0.00, net profit realized by parties
merged during the previous period is RMB0.00.
Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua 4. Income Statement of the Parent Company
In RMB

Item	H1 2023	H1 2022
1. Turnover	12,358,317.34	14,705,232.50
Less: Operation cost	0.00	418,824.01
Taxes and surcharges	659,523.84	655,596.71
Sales expense
Administrative expense	14,762,448.49	15,050,027.61
R&D cost
Financial expenses	3,690,612.01	6,762,805.90
Including: interest cost	3,898,333.33	5,419,166.67
Interest income	404,455.21	216,667.03
Add: other gains	78,916.83	72,308.39
Investment gains ("-" for loss)		431,992.15
Incl. Investment gains from affiliates and joint ventures
Financial assets derecognised as a result of amortized cost ("-" for loss)
Net open hedge gains ("-" for loss)
Gains from change of fair value ("-" for loss)
Credit impairment ("-" for loss)	398,974.45	-12,016.02
Investment impairment loss ("-" for loss)
Investment gains ("-" for loss)		-26,723.69
2. Operational profit ("-" for loss)	-6,276,375.72	-7,716,460.90
Plus: non-operational income	44,168.06	0.84
Less: non-operational expenditure	33,194.93	47,636.27
3. Gross profit ("-" for loss)	-6,265,402.59	-7,764,096.33
Less: Income tax expenses	-1,403,545.41	-1,872,231.86
4. Net profit ("-" for net loss)	-4,861,857.18	-5,891,864.47
(1) Net profit from continuous operation ("-" for net loss)	-4,861,857.18	-5,891,864.47
(2) Net profit from discontinuous operation ("-" for net loss)
5. After-tax net amount of other misc. incomes	-8,976,730.40
(1) Other misc. incomes that cannot be re-classified into gain and loss	-8,976,730.40
1. Re-measure the change in the defined benefit plan
2. Other comprehensive income that cannot be transferred to profit or loss under the equity method
3. Fair value change of investment in other equity tools	-8,976,730.40
4. Fair value change of the Company's credit risk
5. Others
(2) Other misc. incomes that will be re-classified into gain and loss
1. Other comprehensive income that can be transferred to profit or loss under the equity method
2. Fair value change of other debt investment
3. Gains and losses from changes in fair value of available-for-sale financial assets
4. Other credit investment credit impairment provisions
5. Cash flow hedge reserve
6. Translation difference of foreign exchange statement
7. Others
6. Total of misc. incomes	-13,838,587.58	-5,891,864.47
7. Earnings per share:
(1) Basic earnings per share
(2) Diluted earnings per share

5. Consolidated Cash Flow Statement
In RMB

Item	H1 2023	H1 2022
1. Net cash flow from business operations:
Cash received from sales of products and providing of services	1,920,455,087.38	1,404,641,263.99
Net increase of customer deposits and capital kept for brother company
Net increase of loans from central bank
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
Cash received as interest, processing fee, and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Net cash received from trading securities
Tax refunded	4,515,868.70	13,589,221.42
Other cash received from business operation	43,447,921.80	101,615,328.20
Sub-total of cash inflow from business operations	1,968,418,877.88	1,519,845,813.61
Cash paid for purchasing products and services	1,366,927,959.80	1,218,828,059.03
Net increase of client trade and advance
Net increase of savings in central bank and brother company
Cash paid for original contract claim
Net increase in funds dismantled
Cash paid for interest, processing fee and commission
Cash paid for policy dividend
Cash paid to and for the staff	238,020,813.88	224,849,803.47
Taxes paid	136,324,121.29	88,742,682.58
Other cash paid for business activities	264,459,694.04	294,006,061.57
Sub-total of cash outflow from business operations	2,005,732,589.01	1,826,426,606.65
Cash flow generated by business operations, net	-37,313,711.13	-306,580,793.04
2. Cash flow generated by investment:
Cash received from investment recovery		2,282,234,066.40
Cash received as investment profit		2,513,790.26
Net cash retrieved from disposal of fixed assets, intangible assets, and other long-term assets	27,880.04	2,041,120.00
Net cash received from disposal of subsidiaries or other operational units
Other investment-related cash received
Sub-total of cash inflow generated from investment	27,880.04	2,286,788,976.66
Cash paid for construction of fixed assets, intangible assets and other long-term assets	60,206,301.90	19,887,603.68
Cash paid as investment		2,389,975,144.00
Net increase of loan against pledge
Net cash paid for acquiring subsidiaries and other operational units
Other cash paid for investment
Subtotal of cash outflows	60,206,301.90	2,409,862,747.68
Cash flow generated by investment activities, net	-60,178,421.86	-123,073,771.02
3. Cash flow generated by financing activities:
Cash received from investment
Incl. Cash received from investment attracted by subsidiaries from minority shareholders
Cash received from borrowed loans	1,173,858,273.98	1,168,411,688.20
Other cash received from financing activities
Subtotal of cash inflow from financing activities	1,173,858,273.98	1,168,411,688.20
Cash paid to repay debts	946,000,000.00	328,500,000.00
Cash paid as dividend, profit, or interests	100,394,812.98	102,751,331.27
Incl. Dividend and profit paid by subsidiaries to minority shareholders
Other cash paid for financing activities	68,686,816.10	609,596,798.70
Subtotal of cash outflow from financing activities	1,115,081,629.08	1,040,848,129.97
Net cash flow generated by financing activities	58,776,644.90	127,563,558.23
4. Influence of exchange rate changes on cash and cash equivalents	3,710,265.08	3,757,947.63
5. Net increase in cash and cash equivalents	-35,005,223.01	-298,333,058.20
Plus: Balance of cash and cash equivalents at the beginning of	783,677,929.06	892,251,071.59
term
6. Balance of cash and cash equivalents at the end of the period	748,672,706.05	593,918,013.39

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