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安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited(a joint stock limited company incorporated in the People's Republic of China) (Stock code: 00914)
2016 FIRST QUARTERLY REPORTIn accordance with the applicable rules of the Shanghai Stock Exchange of the People's Republic of China ("PRC"), the quarterly report ("Quarterly Report") of Anhui Conch Cement Company Limited ("Company") and its subsidiaries (together with the Company referred to as the "Group") for the period between 1 January 2016 and 31 March 2016 (i.e. the first quarter) ("Reporting Period") will be published in newspapers circulating in the PRC on 27 April 2016. The full text of the Quarterly Report is set out below pursuant to Rule 13.09(2) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
§ 1 IMPORTANT NOTICEThe board ("Board") of directors ("Directors"), the supervisory committee and the senior management of the Company warrant that the information in this Quarterly Report, for which they jointly and severally accept legal liability, is truthful, accurate and complete, and does not contain any misrepresentation, misleading statements or material omission.
The financial report contained in this Quarterly Report has not been audited.
Mr Wang Jianchao, the Company's Vice Chairman, Mr Zhou Bo, the officer-in-charge of the accounting functions, and Ms Liu Yan, the head of the accounting department, declare and warrant that the financial report contained in this Quarterly Report is true, accurate and complete.
In this Quarterly Report, unless stated otherwise, the currency unit refers to Renminbi ("RMB"), the lawful currency of the PRC. Unless stated otherwise, all financial information was prepared under the generally accepted accounting principles of the PRC.
Major financial information
Unit: RMB
As at the end of the Reporting Period
As at the end of 2015
Changes as at the end of the Reporting Period compared with that as at the end of 2015 (%)
Total assets
107,750,616,882
105,781,391,621
1.86
Net assets attributable to equity shareholders of the Company
71,546,304,438
70,491,887,946
1.50
From the beginning of 2016 to the end of the Reporting Period
From the beginning of 2015 to the end of the reporting period of 2015
Changes as compared with that of the corresponding period of 2015 (%)
Net cash flow generated from operating activities
1,732,925,121
851,375,908
103.54
From the beginning of 2016 to the end of the Reporting Period
From the beginning of 2015 to the end of the reporting period of 2015
Changes as compared with that of the corresponding period of 2015 (%)
Revenue
10,607,192,914
11,229,337,718
-5.54
Net profit attributable to equity shareholders of the Company
1,155,094,163
1,713,523,869
-32.59
Net profit attributable to equity shareholders of the Company after extraordinary items
827,931,504
1,510,144,424
-45.18
Weighted average return on net assets (%)
1.63
2.51
Decreased by
0.88 percentage
point
Basic earnings per share (RMB/share)
0.21797
0.32335
-32.59
Diluted earnings per share (RMB/share)
0.21797
0.32335
-32.59
Extraordinary items
Amount in the Reporting Period
Explanation
Gain/(Loss) from disposal of non-current assets
115,152,556
Government subsidy (excluding constant government subsidy closely associated with the enterprise's normal business, granted in fixed amount or quantity in accordance with the State's policy and based on certain standards) included in the current income statement
279,766,810
Charges on share of funds received from non-financial enterprises included in the current income statement
9,428,290
Gains arising from the excess of the Group's share of the acquisition-date fair values of the investees' identifiable net assets over the investment costs for acquisition of the subsidiaries, associates and joint ventures
21,240,000
Gain/(Loss) on changes in the fair value of financial assets and financial liabilities held for trading and investment gain from disposal of financial assets and financial liabilities held for trading and available-for-sale financial assets, excluding effective hedging business associated with the Company's normal business
3,803,400
Other non-operating income and expenses other than the abovementioned items
9,921,333
Effect on income tax
-105,291,252
Effect on minority interests (after tax)
-6,858,478
Total
327,162,659
Total number of shareholders of the Company ("Shareholders") and the shareholdings of the top 10 Shareholders and the top 10 floating Shareholders respectively as at the end of the Reporting Period
Total number of Shareholders | 91,482 | |||||
Shareholding of the top 10 Shareholders | ||||||
Name of Shareholder (Full name) | Number of shares held at the end of the Reporting Period | Percentage (%) | Number of shares subject to trading restrictions | Pledge or moratorium | Nature of Shareholders | |
Share status | Number of shares | |||||
1.Anhui Conch Holdings Co., Ltd. | 1,948,869,927 | 36.78 | 0 | Nil | State-owned legal person | |
2.HKSCC Nominees Limited | 1,297,954,885 | 24.49 | 0 | Unknown | Foreign legal person | |
3.Anhui Conch Venture Investment Company Limited | 286,713,246 | 5.41 | 0 | Nil | Domestic non-state-owned legal person | |
4.China Securities Finance Corporation Limited | 157,598,366 | 2.97 | 0 | Unknown | State-owned legal person | |
5.Central Huijin Investment Limited | 70,249,600 | 1.33 | 0 | Unknown | State-owned legal person | |
6. Hong Kong Securities Clearing Company Limited | 62,889,365 | 1.19 | 0 | Unknown | Foreign legal person | |
7. Genesis Asset Managers, LLP - Customer Funds | 51,224,405 | 0.97 | 0 | Unknown | Others | |
8. Central Bank Of Malaysia | 27,185,685 | 0.51 | 0 | Unknown | Others | |
9.National Social Security Fund 102 Package | 26,833,880 | 0.51 | 0 | Unknown | Others | |
10. National Social Security Fund 118 Package | 25,678,651 | 0.48 | 0 | Unknown | Others | |
Shareholding of the top 10 Shareholders without trading restrictions | ||||||
Name of Shareholder | Total number of shares not subject to trading restrictions | Class and number of shares | ||||
Class | Number | |||||
1. Anhui Conch Holdings Co., Ltd. | 1,948,869,927 | RMB-denominated ordinary shares | 1,948,869,927 |
2. HKSCC Nominees Limited | 1,297,954,885 | Overseas listed foreign shares | 1,297,954,885 |
3.Anhui Conch Venture Investment Company Limited | 286,713,246 | RMB-denominated ordinary shares | 286,713,246 |
4.China Securities Finance Corporation Limited | 157,598,366 | RMB-denominated ordinary shares | 157,598,366 |
5. Central Huijin Investment Limited | 70,249,600 | RMB-denominated ordinary shares | 70,249,600 |
6. Hong Kong Securities Clearing Company Limited | 62,889,365 | RMB-denominated ordinary shares | 62,889,365 |
7.Genesis Asset Managers, LLP - Customer Funds | 51,224,405 | RMB-denominated ordinary shares | 51,224,405 |
8.Central Bank Of Malaysia | 27,185,685 | RMB-denominated ordinary shares | 27,185,685 |
9.National Social Security Fund 102 Package | 26,833,880 | RMB-denominated ordinary shares | 26,833,880 |
10.National Social Security Fund 118 Package | 25,678,651 | RMB-denominated ordinary shares | 25,678,651 |
Explanation of abovementioned connected relationship or acting in concert relationship | As far as the Board is aware, among the abovementioned Shareholders, and according to the listing rules of the Shanghai Stock Exchange, Anhui Conch Holdings Co., Ltd. ("Conch Holdings") and Anhui Conch Venture Investment Company Limited ("Conch Venture") have connected relationship. |
Significant changes and reasons for such changes in major items of the accounting statements and financial guidance of the Company
As at the end of the Reporting Period, the Group's interests receivable increased by 93.77% from that at the beginning of the year, mainly because the payment of the accrued interest income from the Group's bank deposits was not yet due and received during the Reporting Period.
As at the end of the Reporting Period, the closing balance of the Group's other non-current assets decreased by 49.27% from that at the beginning of the year, mainly because the prepaid considerations for asset acquisition decreased year-on-year as the Group completed the assignment of the asset project during the Reporting Period.
As at the end of the Reporting Period, the closing balance of the Group's short-term borrowings increased by 56.64% from that at the beginning of the year, and the closing balance of long-term borrowings increased by 80.6% from that at the beginning of the year. These were mainly due to the increase in new bank loans of the Group during the Reporting Period.
As at the end of the Reporting Period, the Group's financial liabilities at fair value through profit or loss decreased by 59.49% from that at the beginning of the year, mainly due to the decrease in the forward exchange rates held by the Group.
As at the end of the Reporting Period, the closing balance of wages payable of the Group decreased by 89% from that at the beginning of the year. This was mainly due to the
Anhui Conch Cement Company Ltd. issued this content on 26 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2016 09:19:10 UTC
Original Document: http://english.conch.cn/dt2111111237.asp?docid=2111332020