ANHUI CONCH CEMENT COMPANY LIMITED Hong Kong Exchangesand Clearing Limitedand The Stock Exchangeof Hong Kong Limitedtakeno responsibility for the contents of this announcement, make no representation as to its accuracy or completenessandexpresslydisclaimanyliabilitywhatsoeverforanylosshowsoeverarisingfromorin relianceuponthewholeoranypartofthecontentsofthisannouncement.
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)
2017 THIRD QUARTERLY REPORTIn accordance with the applicable rules of the Shanghai Stock Exchange of the People's Republic of China (the "PRC"), the quarterly report (the "Quarterly Report") of Anhui Conch Cement Company Limited (the "Company") and its subsidiaries (together with the Company, the "Group") for the period between 1 July 2017 and 30 September 2017 (i.e. the third quarter) (the "Reporting Period") will be published in newspapers circulating in the PRC on 28 October 2017. The full text of the Quarterly Report is set out below pursuant to Rule 13.10(B) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
§ 1 IMPORTANT NOTICEThe board of directors (the "Board"), the supervisory committee, the directors (the "Directors"), the supervisors 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 Gao Dengbang, the Company's 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 2016
Changes as at the end of the Reporting Period compared with that as at the end of 2016 (%)
Total assets
116,526,468,944
109,514,120,965
6.40
Net assets attributable to equity shareholders of the Company
83,404,674,172
76,608,921,127
8.87
From the beginning of 2017 to the end of the Reporting Period
From the beginning of 2016 to the end of the reporting period of 2016
Changes as compared with that of the corresponding period of 2016 (%)
Net cash flow generated from operating activities
8,809,330,024
8,204,458,410
7.37
From the beginning of 2017 to the end of the Reporting Period
From the beginning of 2016 to the end of the reporting period of 2016
Changes as compared with that of the corresponding period of 2016 (%)
Revenue
50,038,625,981
37,949,003,202
31.86
Net profit attributable to equity shareholders of the Company
9,808,653,716
5,968,420,630
64.34
Net profit attributable to equity shareholders of the Company after extraordinary items
8,142,096,976
5,298,444,124
53.67
Weighted average return on net assets (%)
12.26
8.24
Increased by
4.02 percentage
points
Basic earnings per share (RMB/share)
1.8509
1.1263
64.34
Diluted earnings per share (RMB/share)
1.8509
1.1263
64.34
Amount in the Reporting Period
(July to September)
From the beginning of 2017 to the end of the Reporting Period
(January to September)
Gain/(Loss) from disposal of non-current assets
-13,089,841
298,734,121
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
100,453,622
332,033,672
Charges on share of funds received from non-financial enterprises included in the current income statement
428,811
3,919,650
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
491,011
491,011
Gain/(Loss) on entrusted investment or asset
1,008,219
21,720,548
management
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
-275,946
1,556,497,050
Other non-operating income and expenses other than the abovementioned items
8,821,798
12,517,692
Effect on minority interests (after tax)
113,516
-6,351,807
Effect on income tax
-24,684,549
-553,005,197
Total
73,266,641
1,666,556,740
Total number of shareholders of the Company (the "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 | 67,490 | |||||
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 | |||||
Anhui Conch Holdings Co., Ltd. | 1,948,869,927 | 36.78 | 0 | Nil | State-owned legal person | |
HKSCC Nominees Limited | 1,298,081,384 | 24.50 | 0 | Unknown | Foreign legal person | |
Anhui Conch Venture Investment Co., Ltd. | 262,770,388 | 4.96 | 0 | Pledged | 45,000,000 | Domestic non-state-owned legal person |
China Securities Finance Corporation Limited | 160,447,276 | 3.03 | 0 | Unknown | State-owned legal person | |
Hong Kong Securities Clearing Company Limited | 152,972,323 | 2.89 | 0 | Unknown | Foreign legal person | |
Central Huijin Asset Management Ltd. | 70,249,600 | 1.33 | 0 | Unknown | State-owned legal person | |
Bank Negara Malaysia | 31,852,495 | 0.60 | 0 | Unknown | Others | |
FIL Investment Management (Hong Kong) Limited - Customer Funds | 22,981,406 | 0.43 | 0 | Unknown | Others | |
T. Rowe Price -Customer Funds | 21,460,807 | 0.40 | 0 | Unknown | Others | |
Dacheng Fund- Agricultural Bank of China - Dacheng China Securities and Financial Assets Management Plan | 19,636,645 | 0.37 | 0 | Unknown | Others | |
Total number of shares not subject to trading restrictions | Class and number of shares | |||||
Class | Number | |||||
Anhui Conch Holdings Co., Ltd. | 1,948,869,927 | RMB-denominated ordinary shares | 1,948,869,927 | |||
HKSCC Nominees Limited | 1,298,081,384 | Overseas listed foreign shares | 1,298,081,384 | |||
Anhui Conch Venture Investment Co., Ltd. | 262,770,388 | RMB-denominated ordinary shares | 262,770,388 |
China Securities Finance Corporation Limited | 160,447,276 | RMB-denominated ordinary shares | 160,447,276 |
Hong Kong Securities Clearing Company Limited | 152,972,323 | RMB-denominated ordinary shares | 152,972,323 |
Central Huijin Asset Management Ltd. | 70,249,600 | RMB-denominated ordinary shares | 70,249,600 |
Bank Negara Malaysia | 31,852,495 | RMB-denominated ordinary shares | 31,852,495 |
FIL Investment Management (Hong Kong) Limited - Customer Funds | 22,981,406 | RMB-denominated ordinary shares | 22,981,406 |
T. Rowe Price -Customer Funds | 21,460,807 | RMB-denominated ordinary shares | 21,460,807 |
Dacheng Fund- Agricultural Bank of China - Dacheng China Securities and Financial Assets Management Plan | 19,636,645 | RMB-denominated ordinary shares | 19,636,645 |
Explanation of abovementioned connected relationship or acting in concert relationship | As far as the Board is aware, among the abovementioned Shareholders, there was no connected relationship or acting in concert relationship. | ||
Explanations on preference shareholders with voting rights restored and the number of shares held | Nil | ||
3.1 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 closing balances of the Group's monetary capital and bills receivable increased by 33.04% and 44.24% respectively from those at the beginning of 2017, mainly due to the increase in the Group's revenue during the Reporting Period.
As at the end of the Reporting Period, the closing balance of the Group's interests receivable increased by 74.05% from that at the beginning of the year, mainly due to the increase in the Group's time deposit products.
As at the end of the Reporting Period, the closing balance of the Group's other account receivables increased by 291.69% from that at the beginning of the year, mainly due to the purchase of wealth management products by the Group.
As at the end of the Reporting Period, the closing balance of the Group's available-for-sale financial assets decreased by 83.54% from that at the beginning of the year, mainly due to the disposal of securities of certain listed companies in the same industry by the Group.
As at the end of the Reporting Period, the closing balance of the Group's investment properties increased by 32.70% from that at the beginning of the year, mainly because the Group changed certain self-use properties to rental properties.
As at the end of the Reporting Period, the closing balance of receipts in advance of the Group increased by 85.33% from that at the beginning of the year, mainly due to the increase in product prices during the Reporting Period, resulting in the increase in receipts in advance from cement payment when compared with that at the beginning of the year.
Anhui Conch Cement Company Ltd. published this content on 27 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 October 2017 08:47:03 UTC.
Original documenthttp://english.conch.cn/dt2111111237.asp?docid=2111369757
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