[一季报]飞亚达B(200026):2024年第一季度报告(英文)
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时间:2024年04月24日 23:51:34 中财网 |
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原标题: 飞亚达B:2024年第一季度报告(英文)
Stock codes: 000026, 200026 Stock abbreviations: FIYTA, FIYTA B Announcement No.: 2024-019 FIYTA Precision Technology Co., Ltd.
Q1 2024 Report
The Company and the Board of Directors ensure that the information disclosed is truthful, accurate, and complete,
with no false records, misleading statements, or significant omissions.Key content tips:
1. The Board of Directors, the Board of Supervisors, and the directors, supervisors, and senior management
guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading
statements, or significant omissions, and bear individual and joint legal responsibility. 2. The person in charge of the Company, the CFO, and the Financial Manager (Accounting Supervisor) declare to
ensure that the financial information in the quarterly report is truthful, accurate, and complete. 3. Whether the Q1 report has been audited
No
I. Key Financial Data
(I) Main accounting data and financial indicators
Does the Company need to retrospectively adjust or restate previous years' accounting data?
| The current reporting
period | Same period last year | Change in the current
reporting period compared
to the same period last
year | Operating revenue (RMB) | 1,065,150,876.00 | 1,200,095,568.76 | -11.24% | Net profit attributable to
shareholders of the listed
company (RMB) | 75,499,096.30 | 103,189,489.23 | -26.83% | Net profit attributable to
shareholders of the listed
company excluding non-
recurring gains and losses
(RMB) | 69,755,955.88 | 95,484,229.79 | -26.95% | Net cash flow from
operating activities (RMB) | -964,281.20 | 80,169,964.00 | -101.20% | Basic earnings per share
(RMB/share) | 0.1828 | 0.2505 | -27.03% | Diluted earnings per share
(RMB/share) | 0.1825 | 0.2505 | -27.15% | Weighted average return
on equity | 2.24% | 3.23% | -0.99% | | End of the current reporting
period | End of the previous year | Change at the end of the
current reporting period
compared to the end of the
previous year | Total assets (RMB) | 4,136,305,356.14 | 4,204,260,897.08 | -1.62% | Owner's equity attributable
to shareholders of the
listed company (RMB) | 3,403,636,152.70 | 3,333,805,752.19 | 2.09% |
(II) Non-recurring gains and losses items and amounts
Item | Amount for the current reporting
period | Explanation | Loss/gain on disposal of non-current
assets (including reversal of
provision for asset impairment) | 2,949,209.65 | | Government grants recognized in
current profit and loss (excluding
those closely related to the
Company's normal operations, in
compliance with national policies,
entitled in accordance with set
standards, and having a sustained
impact on the Company's profit and
loss) | 1,066,372.66 | | Reversal of provision for impairment | 3,194,562.55 | | of receivables subject to individual
impairment testing | | | Other operating incomes and
expenses excluding the above items | 320,045.62 | | Less: Income tax impact | 1,787,050.06 | | Total | 5,743,140.42 | -- |
Specific circumstances of other items that meet the definition of non-recurring gains and losses Not applicable
Explanation of circumstances where items listed as non-recurring gains and losses in Explanatory Announcement No.
1 on Information Disclosure of Companies Issuing Securities Publicly - Non-recurring Gains and Losses are classified
as recurring
Not applicable
(III) Changes in main accounting data and financial indicators and reasons 1. Consolidated Balance sheet items
Item | Ending
balance | Beginning
balance | Change
ratio | Reason for change | Prepayments
(RMB) | 12,091,024.86 | 6,571,239.98 | 84.00% | Mainly due to an increase in prepayments for
branded watches and movements during the
reporting period. | Other current
assets (RMB) | 48,674,518.61 | 72,249,391.81 | -32.63% | Mainly due to a decrease in input VAT to be
credited during the reporting period. | Contract
liabilities (RMB) | 18,783,506.42 | 12,286,243.62 | 52.88% | Mainly due to an increase in advance receipts for
the watch business during the reporting period. | Accrued payroll
(RMB) | 67,971,231.21 | 120,084,810.60 | -43.40% | Mainly due to the payment of year-end bonuses
during the reporting period. |
2. Consolidated cash flow statement items
Item | Current
amount
incurred | Amount
incurred in
the previous
period | Change
ratio | Reason for change | Net cash flow
from operating
activities (RMB) | -964,281.20 | 80,169,964.00 | -101.20% | Mainly due to decrease in sales revenue leading
to decrease in cash receipts. |
II. Shareholder Information
(I) Total number of common shareholders and number of preferred shareholders with restored voting rights, and the top ten shareholders' shareholding details Unit: Shares
Total number of common shareholders
at the end of the reporting period | 28,557 | Total number of preferred shareholders with
restored voting rights at the end of the reporting
period (if any) | 0 | | | | Top ten shareholders' shareholding details (excluding shares lent through refinancing) | | | | | | | Shareholder name | Nature of
shareholder | Share
holdin
g ratio | Number of
shares held | Number of
restricted
shares held | Pledge, marking or freezing | | | | | | | Status of
shares | Quantity | AVIC International
Holding Co., Ltd. | State-owned
legal person | 39.25
% | 162,977,327 | 0 | Not applicable | 0 | #Wu Jilin | Domestic
natural
person | 4.10% | 17,043,827 | 0 | Not applicable | 0 | Xu Guoliang | Domestic
natural
person | 1.60% | 6,623,168 | 0 | Not applicable | 0 | Qiu Hong | Domestic
natural
person | 0.60% | 2,510,000 | 0 | Not applicable | 0 | #Zhu Rui | Domestic
natural
person | 0.47% | 1,969,100 | 0 | Not applicable | 0 | #Qu Yongjie | Domestic
natural
person | 0.32% | 1,330,000 | 0 | Not applicable | 0 | #Ge Zhongwei | Domestic
natural
person | 0.29% | 1,195,700 | 0 | Not applicable | 0 | Chen Hao | Domestic
natural
person | 0.27% | 1,101,643 | 0 | Not applicable | 0 | Industrial and
Commercial Bank of
China Ltd. - GF CSI
State-owned
Enterprises Innovation
Shareholder Return
ETF | Other | 0.26% | 1,065,800 | 0 | Not applicable | 0 | #Zhu Xian | Domestic
natural
person | 0.25% | 1,032,540 | 0 | Not applicable | 0 | Top 10 unrestricted shareholders | | | | | | | Shareholder name | Number of unrestricted shares held | Type of shares | | | | | | | Type of
shares | Quantity | | | | Aviation Industry International Holdings
Co., Ltd. | 162,977,327 | RMB ordinary
shares | 162,977,327 | | | | #Wu Jilin | 17,043,827 | RMB ordinary
shares | 17,043,827 | | | | Xu Guoliang | 6,623,168 | RMB ordinary
shares | 6,623,168 | | | | Qiu Hong | 2,510,000 | RMB ordinary
shares | 2,510,000 | | | | #Zhu Rui | 1,969,100 | RMB ordinary
shares | 1,969,100 | | | | #Qu Yongjie | 1,330,000 | RMB ordinary
shares | 1,330,000 | | | | #Ge Zhongwei | 1,195,700 | RMB ordinary
shares | 1,195,700 | | | | Chen Hao | 1,101,643 | RMB ordinary
shares | 1,101,643 | | | | Industrial and Commercial Bank of
China Co., Ltd. - GF China Reform
State-owned Enterprises Shareholder
Return ETF | 1,065,800 | RMB ordinary
shares | 1,065,800 | | | | #Zhu Xian | 1,032,540 | RMB ordinary
shares | 1,032,540 | | | |
Explanation of the aforementioned shareholders'
association or concerted action | The Company is unaware of whether the aforementioned 10
shareholders are related or constitute concerted actors. | Explanation of the top 10 shareholders'
participation in securities margin trading (if any) | 1. Shareholder Wu Jilin holds 10,363,377 shares through a
regular securities account and 6,680,450 shares through a margin
trading collateral securities account, totaling 17,043,827 shares;
2. Shareholder Zhu Rui holds 217,100 shares through a regular
securities account and 1,752,000 shares through a margin trading
collateral securities account, totaling 1,969,100 shares;
3. Shareholder Qu Yongjie holds 59,000 shares through a regular
securities account and 1,271,000 shares through a margin trading
collateral securities account, totaling 1,330,000 shares;
4. Shareholder Ge Zhongwei holds 695,700 shares through a
regular securities account and 500,000 shares through a margin
trading collateral securities account, totaling 1,195,700 shares;
5. Shareholder Zhu Xian holds 25,000 shares through a regular
securities account and 1,007,540 shares through a margin trading
collateral securities account, totaling 1,032,540 shares. |
Note: The Company's B-share repurchase account 'Special Securities Account for Repurchase of FIYTA Precision
Technology Co., Ltd.' held 9,355,763 ordinary shares at the end of the reporting period, accounting for 2.25% of the
shares, mainly due to the Company's ongoing B-share repurchase. According to regulations, this repurchase account
is not included in the list of the top 10 shareholders.
Participation of shareholders holding more than 5%, the top 10 shareholders, and the top 10 shareholders of unlimited
outstanding shares in securities margin trading
Not applicable
Changes in the top 10 shareholders, and the top 10 shareholders of unlimited outstanding shares due to securities
margin trading compared to the previous period
Not applicable
(II) Total number of preferred shareholders and the top 10 preferred shareholders' holdings Not applicable
III. Other Important Matters
1. Matters related to the 2018 A-share Restricted Stock Incentive Plan (Phase II) Due to the resignation of one of the original incentive recipients of the 2018 A-share Restricted Stock Incentive
Plan (Phase II), the Company's 18th meeting of the 10th Board of Directors and 2023 Annual General Meeting of
Shareholders approved the repurchase and cancellation of 10,020 A-share restricted stocks that had been granted to
the above person but not yet lifted from restriction, and the creditors were notified as required. For details, please refer
to the announcements disclosed by the Company on the CNINFO website on March 14, 2024, and April 19, 2024,
titled Announcement on the Repurchase and Cancellation of Part of the Restricted Stocks in the 2018 A-share
Restricted Stock Incentive Plan (Phase II) (2024-012) and Announcement on the Notification to Creditors Regarding
the Repurchase and Cancellation of Part of the Restricted Stocks and Reduction of Registered Capital (2024-017).
2. Matters related to the repurchase of a portion of domestic listed foreign shares (B-shares) The Company's 11th meeting of the 10th Board of Directors and the 2022 Annual General Meeting of Shareholders approved the Plan for the Repurchase of a Portion of Domestic Listed Foreign Shares (B-shares), and
subsequently disclosed the repurchase report and a series of progress announcements in accordance with relevant
dedicated securities account via centralized bidding, with a total payment of HKD 70,401,771.17 (excluding transaction
fees). For detailed information, please refer to the relevant progress announcements disclosed on the CNINFO
network by the Company.
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated balance sheet
Prepared by: FIYTA Precision Technology Co., Ltd.
As of March 31, 2024
Item | Ending balance | Beginning balance | Current assets: | | | Monetary funds | 429,133,282.84 | 504,629,153.71 | Settlement reserve funds | | | Lent funds | | | Trading financial assets | | | Derivative financial assets | | | Notes receivable | 20,594,022.65 | 18,268,972.37 | Accounts receivable | 354,145,988.29 | 323,142,761.64 | Financing receivables | | | Prepayments | 12,091,024.86 | 6,571,239.98 | Premiums receivables | | | Reinsurance receivables | | | Reinsurance contract reserves
receivable | | | Other receivables | 60,537,703.59 | 57,725,792.00 | Including: Interest receivable | | | Dividends receivable | | | Redemptory monetary capital for
sale | | | Inventories | 2,105,364,158.13 | 2,100,666,175.28 | Including: Data resources | | | Contractual assets | | | Held-for-sale assets | | | Non-current assets due within one
year | | | Other current assets | 48,674,518.61 | 72,249,391.81 | Total current assets | 3,030,540,698.97 | 3,083,253,486.79 | Non-current assets: | | | Loans and advances granted | | | Creditor's rights investments | | | Other creditor's rights investments | | | Long-term receivables | | | Long-term equity investments | 51,862,607.30 | 51,862,607.30 | Other equity instrument
investments | | | Other non-current financial assets | | | Investment properties | 356,332,335.03 | 360,255,832.14 | Fixed assets | 350,300,461.08 | 355,785,354.68 | Construction in progress | | | Productive biological assets | | | Oil and gas assets | | | Right-of-use assets | 117,158,264.76 | 109,452,481.64 | Intangible assets | 30,943,165.32 | 31,664,380.77 | Including: Data resources | | | Development expenditure | | | Including: Data resources | | | Goodwill | | | Long-term deferred and prepaid
expenses | 117,584,444.96 | 122,324,355.13 | Deferred income tax assets | 76,660,088.04 | 80,227,771.46 | Other non-current assets | 4,923,290.68 | 9,434,627.17 | Total non-current assets | 1,105,764,657.17 | 1,121,007,410.29 | Total assets | 4,136,305,356.14 | 4,204,260,897.08 | Current liabilities: | | | Short-term borrowings | 220,161,455.54 | 250,187,763.87 | Borrowings from central bank | | | Borrowed funds | | | Trading financial liabilities | | | Derivative financial liabilities | | | Notes payable | | | Accounts payable | 125,762,415.94 | 173,825,907.71 | Advance receipts | 10,666,111.71 | 10,267,758.31 | Contract liabilities | 18,783,506.42 | 12,286,243.62 | Sale of repurchase financial assets | | | Deposits received and interbank
placements | | | Securities trading on behalf of
clients | | | Securities underwriting on behalf of
clients | | | Accrued payroll | 67,971,231.21 | 120,084,810.60 | Taxes payable | 46,708,918.01 | 64,188,161.31 | Other payables | 116,997,760.78 | 121,937,801.07 | Including: Interest payable | | | Dividends payable | 2,058,352.24 | 2,058,352.24 | Commissions and charges payable | | | Reinsurance payables | | | Held-for-sale liabilities | | | Non-current liabilities due within
one year | 73,110,348.05 | 66,399,004.20 | Other current liabilities | 2,200,377.15 | 1,589,635.30 | Total current liabilities | 682,362,124.81 | 820,767,085.99 | Non-current liabilities: | | | Insurance contract reserves | | | Long-term borrowings | | | Bonds payable | | | Including: preferred stock | | | Perpetual bonds | | | Lease liabilities | 43,953,095.24 | 43,526,352.52 | Long-term payables | | | Long-term payroll payable | | | Accrued liabilities | | | Deferred income | 952,785.69 | 952,785.69 | Deferred income tax liabilities | 5,401,197.70 | 5,208,920.69 | Other non-current liabilities | | | Total non-current liabilities | 50,307,078.63 | 49,688,058.90 | Total liabilities | 732,669,203.44 | 870,455,144.89 | Owners' equity: | | | Share capital | 415,219,970.00 | 415,219,970.00 | Other equity instruments | | | Including: preferred stock | | | Perpetual bonds | | | Capital reserve | 990,648,535.27 | 990,159,033.17 | Less: Treasury stock | 78,645,532.23 | 78,645,532.23 | Other comprehensive incomes | 12,860,627.91 | 19,325,335.93 | Special reserve | 3,529,668.19 | 3,223,158.06 | Surplus reserve | 275,010,401.50 | 275,010,401.50 | General risk provision | | | Undistributed profits | 1,785,012,482.06 | 1,709,513,385.76 | Total owners' equity attributable to
the parent company | 3,403,636,152.70 | 3,333,805,752.19 | Minority equity | | | Total owners' equity | 3,403,636,152.70 | 3,333,805,752.19 | Total liabilities and owners' equity | 4,136,305,356.14 | 4,204,260,897.08 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui 2. Consolidated income statement
Unit: RMB
Item | Amount in the current period | Amount in the previous period | I. Total operating revenue | 1,065,150,876.00 | 1,200,095,568.76 | Including: Operating revenue | 1,065,150,876.00 | 1,200,095,568.76 | Interest income | | | Earned premiums | | | Charge and commission
income | | | II. Total operating costs | 974,432,726.28 | 1,070,094,479.27 | Including: Operating costs | 678,091,040.35 | 767,722,882.96 | Interest expenses | | | Charge and commission
expenses | | | Surrender value | | | Net payments for insurance
claims | | | Net change in insurance
contract reserves | | | Policyholder dividend
expenses | | | Reinsurance expenses | | | Taxes and surcharges | 6,383,389.41 | 7,087,405.97 | Sales expenses | 225,628,850.97 | 228,113,224.28 | Management expenses | 45,467,020.50 | 48,007,102.03 | Research and development
expenses | 14,435,086.78 | 13,175,703.59 | Financial expenses | 4,427,338.27 | 5,988,160.44 | Including: Interest | 2,503,202.83 | 2,990,967.60 | expenses | | | Interest income | 1,021,252.43 | 873,024.53 | Plus: Other income | 1,740,510.64 | 2,825,263.25 | Investment income (losses
indicated with "-") | | | Including: Income from
investments in associates and joint
ventures | | | Income from
derecognition of financial assets
measured at amortized cost | | | Foreign exchange gains
(losses indicated with "-") | | | Net exposure hedging gains
(losses indicated with "-") | | | Gains on changes in fair value
(losses indicated with "-") | | | Impairment loss on credit
(losses indicated with "-") | 2,979,316.13 | -240,194.86 | Impairment loss on assets
(losses indicated with "-") | | | Gain on disposal of assets
(losses indicated with "-") | 2,949,209.65 | -73,523.67 | III. Operating profit (losses indicated
with "-") | 98,387,186.14 | 132,512,634.21 | Plus: Non-operating income | 340,407.61 | 480,647.98 | Less: Non-operating expenses | 20,361.99 | 221,408.98 | IV. Total profit (total losses indicated
with "-") | 98,707,231.76 | 132,771,873.21 | Less: Income tax expense | 23,208,135.46 | 29,582,383.98 | V. Net profit (net losses indicated
with "-") | 75,499,096.30 | 103,189,489.23 | (I) Classified by business continuity | | | 1. Net profit from continuing
operations (net loss indicated with "-
") | 75,499,096.30 | 103,189,489.23 | 2. Net profit from discontinued
operations (net loss indicated with "-
") | | | (II) Classified by ownership | | | 1. Net profit attributable to
owners of the parent company | 75,499,096.30 | 103,189,489.23 | 2. Minority shareholders' gains
and losses | | | VI. Net amount of other
comprehensive income after tax | -6,464,708.02 | -2,489,066.77 | Net amount of other
comprehensive income after tax
attributable to owners of the parent
company | -6,464,708.02 | -2,489,066.77 | (I) Other comprehensive income
not to be reclassified to profit or loss | | | 1. Changes in remeasurement
of defined benefit plan | | | 2. Other comprehensive
income from equity investments not
to be reclassified to profit or loss | | | 3. Changes in fair value of
other equity instrument investments | | | 4. Changes in fair value due to
own credit risk | | | 5. Others | | | (II) Other comprehensive income
to be reclassified to profit or loss | -6,464,708.02 | -2,489,066.77 | 1. Other comprehensive
income from equity investments to be
reclassified to profit or loss | | | 2. Changes in fair value of
other creditor's rights investments | | | 3. Amounts reclassified to
other comprehensive income from
reclassification of financial assets | | | 4. Credit impairment
provisions for other creditor's rights
investments | | | 5. Cash flow hedge reserves | | | 6. Translation difference in
foreign currency financial statements | -6,464,708.02 | -2,489,066.77 | 7. Other | | | Net amount of other
comprehensive income after tax
attributable to minority shareholders | | | VII. Total comprehensive income | 69,034,388.28 | 100,700,422.46 | Total comprehensive income
attributable to owners of the parent
company | 69,034,388.28 | 100,700,422.46 | Total comprehensive income
attributable to minority shareholders | | | VIII. Earnings per share: | | | (I) Basic earnings per share | 0.1828 | 0.2505 | (II) Diluted earnings per share | 0.1825 | 0.2505 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui 3. Consolidated cash flow statement
Item | Amount in the current period | Amount in the previous period | I. Cash flows from operating
activities: | | | Cash received from sales of goods
and rendering of services | 1,147,315,290.57 | 1,268,572,542.49 | Net increase in customer deposits
and interbank placements | | | Net increase in borrowings from
the central bank | | | Net increase in funds borrowed
from other financial institutions | | | Cash received from premiums of
original insurance contracts | | | Net cash received from
reinsurance business | | | Net increase in policyholder
deposits and investment funds | | | Cash received from interest,
charges, and commissions | | | Net increase in borrowed funds | | | Net increase in cash from
repurchase transactions | | | Net cash received from securities
brokerage | | | Tax refunds | 837,925.87 | 612,797.28 | Cash received from other
operating activities | 10,555,854.88 | 14,811,953.04 | Subtotal of cash inflows from
operating activities | 1,158,709,071.32 | 1,283,997,292.81 | Cash paid for goods and services | 809,254,741.34 | 848,501,717.56 | Net increase in loans and
advances to customers | | | Net increase in deposits with
central bank and other banks | | | Cash paid for claims under original
insurance contracts | | | Net increase in lent funds | | | Cash paid for interest, charges,
and commissions | | | Cash paid for policy dividends | | | Cash paid to employees and for
employees | 199,231,956.37 | 197,287,320.08 | Taxes paid | 70,531,590.40 | 69,642,205.23 | Other cash payments related to
operating activities | 80,655,064.41 | 88,396,085.94 | Subtotal of cash outflows from
operating activities | 1,159,673,352.52 | 1,203,827,328.81 | Net cash flow from operating
activities | -964,281.20 | 80,169,964.00 | II. Cash flows from investment
activities: | | | Cash received from investment
recovery | | | Cash received from investment
income | | | Net cash received from disposal of
fixed assets, intangible assets, and
other long-term assets | 4,740,975.47 | 858.16 | Net cash received from disposal of
subsidiaries and other business units | | | Cash received related to other
investment activities | | | Subtotal of cash inflows from
investment activities | 4,740,975.47 | 858.16 | Cash paid for acquisition of fixed
assets, intangible assets, and other
long-term assets | 19,071,569.91 | 13,729,006.77 | Cash paid for investments | | | Net increase in pledged loans | | | Net cash paid for acquisition of
subsidiaries and other business units | | | Cash paid related to other
investment activities | | | Subtotal of cash outflows from
investment activities | 19,071,569.91 | 13,729,006.77 | Net cash flow from investment
activities | -14,330,594.44 | -13,728,148.61 | III. Cash flows from financing
activities: | | | Cash received from capital
contributions | | | Including: Cash received from
minority shareholders' investments in
subsidiaries | | | Cash received from borrowings | 120,000,000.00 | 150,000,000.00 | Cash received from other financing
activities | | | Subtotal of cash inflows from
financing activities | 120,000,000.00 | 150,000,000.00 | Cash paid for debt repayment | 150,000,000.00 | 150,000,000.00 | Cash paid for dividends and profits
distribution, or interest payments | 1,442,427.78 | 4,779,458.02 | Including: Dividends or profits
paid to minority shareholders of
subsidiaries | | | Cash paid for other financing
activities | 28,716,692.97 | 26,933,476.33 | Subtotal of cash outflows from
financing activities | 180,159,120.75 | 181,712,934.35 | Net cash flow from financing
activities | -60,159,120.75 | -31,712,934.35 | IV. Effect of exchange rate changes
on cash and cash equivalents | -41,874.48 | -380,351.54 | V. Net increase in cash and cash
equivalents | -75,495,870.87 | 34,348,529.50 | Plus: Beginning balance of cash
and cash equivalents | 504,629,153.71 | 313,747,463.64 | VI. Ending balance of cash and cash
equivalents | 429,133,282.84 | 348,095,993.14 |
Legal Representative: Zhang Xuhua CFO: Song Yaoming Financial Manager: Tian Hui (II) Adjustment of items related to the financial statements at the beginning of the year when the new accounting standards are implemented for the first time since 2024 (未完)
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