深赛格Ｂ：第一季度报告全文（英文版）

1、to shenzhen seg co., ltd.2012 q1 report (full-text) shenzhen seg co., ltd. 2012 q1 report (full-text) 1. important notes 1.1 the board of directors and board of supervisors of this company, its directors, supervisors and senior executives hereby confirm that there are not any false statements, misle

2、ading statements or omissions of important information carried in this report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and integrity of the whole contents. 1.2 the 2012 q1 financial report has not been audited by cpas. 1.3 wang li, in charge of the com

3、pany, li lifu, in charge of accounting work and ying huadong, in charge of the accounting organization (accounting executive) hereby confirm that the financial report of the q1 report is true and complete. 2. company profile 2.1 main accounting data and financial indexes: unit: rmb yuan at the end o

4、f this report period at the end of last yearchange rate (%) total assets (yuan)1,689,019,960.751,673,584,777.350.92% owners equities attributable shareholders of listed company (yuan) the 1,169,315,057.741,152,695,930.591.44% share capital (share) net assets per share attributable to the shareholder

5、s of listed company (yuan/share) total operating income (yuan) net profit attributable to the shareholders of listed company (yuan) net cash flow arising from operating activities (yuan) net cash flow arising from operating activities per share (yuan/share) basic earnings per share (yuan/share) dilu

6、ted earnings per share (yuan/share) weighted average return on equity (%) weighted average return on equity after deducting non-recurring profit/loss (%) 784,799,010.00 1.4900 this report period 110,887,458.49 16,613,292.99 11,648,372.46 0.0148 0.0212 0.0212 1.43% 1.39% 784,799,010.00 1.4688 same pe

7、riod of last year 93,924,973.74 11,784,432.63 6,924,255.99 0.0088 0.0150 0.0150 1.53% 1.53% 0.00% 1.44% change rate(%) 18.06% 40.98% 68.23% 68.18% 41.33% 41.33% -0.10% -0.14% 1 - shenzhen seg co., ltd.2012 q1 report (full-text) items of non-recurring profit and loss applicable not applicable unit: y

8、uan items of non-recurring profit and loss government subsidies included in the current profit and loss (excluding the government subsidies continuously received in definite amount and quotas according to specific standards, which are closely related to regular operating business and in accordance w

9、ith the provisions of national policies.) amount from the beginning of the year to the end of this report period 100,000.00 remarks (if applicable) other non-operating aforementioned business incomeandexpenseexcludedthe 796,582.39 impact amount on equity of minority shareholders impact amount on inc

10、ome tax total -224,145.60 -246,008.41 426,428.38 2.2 total number of shareholders at the end of this report period and shares held by the top ten shareholders with unrestricted sales conditions unit: share total numbers of shareholders at the end of this report period (shareholder) particulars about

11、 the shares held by the top ten shareholders with unrestricted sales conditions 62,909 full name of shareholder shenzhen seg group co., ltd. guangzhou fodak enterprise group co., ltd. taifook securities company limited-account client gong qianhua zhu wei tang lizhu guotai junan securities(hongkong)l

12、imited dalian huaxin trust co., ltd. (beta 1 structured securities investment portfolio) cao xianhua china merchants securities (hong kong) co., ltd. unrestricted shares held at the end of this period 237,359,666 18,880,334 7,980,784 5,311,520 4,066,739 3,796,200 3,689,041 3,000,000 2,702,000 2,672,

13、676 type of shares rmb common share rmb common share domestically listed foreign share domestically listed foreign share rmb common share rmb common share domestically listed foreign share rmb common share rmb common share domestically listed foreign share 2 - - shenzhen seg co., ltd.2012 q1 report

14、(full-text) 3. significant events 3.1 particulars and explanations of material changes in main items of accounting statements and financial indexes applicable not applicable i. items of balance sheet item inventory other current assets granted loans and advances construction in progress wages payabl

15、e to employees march 31, 2012 1,125,044.0400 304,000,000.0000 60,143,880.9900 6,837,054.8000 december 31, 2011 633,555.08 201,000,000.00 3,534,300.00 42,750.00 10,318,172.65 difference 491,488.96 103,000,000.00 56,609,580.99 -42,750.00 -3,481,117.85 change rate % 77.58% 51.24% 1601.72% -100.00% -33.

16、74% 1. inventory: it achieved an increase of 490,000 yuan, with a 77.58% increase over the beginning of this report period. the main reason for the increase is shenzhen seg industrial investment co., ltd. (hereinafter referred to as seg industrial), a holding subsidiary of the company, has seen an i

17、ncrease in its business and hence increase in the corresponding inventory. 2. other current assets: it achieved an increase of 103 million yuan, with a 51.24% increase over the beginning of this report period. the main reason for the increase is the increase in the bank financing business of the com

18、pany. 3. granted loans and advances: it achieved an increase of 56.61 million yuan; the reason for the increase is that shenzhen seg small loans co., ltd. (hereinafter referred to as seg small loans), a holding subsidiary of the company, registered in december 2011, increased its issuing of loans in

19、 this report period. 4. construction in progress: it received a decrease of 40,000 yuan over the beginning of this report period. the reason is that the project of the company was completed, and the item was transferred to fixed assets. 5. wages payable to employees: it received a decrease of 3.48 m

20、illion yuan, with a decrease of 33.74% over the beginning of this report period. the reason is that the company paid the last years wages and bonus to employees. ii. items of income statement item sales expenses administration expenses asset impairment loss investment income operating profit non-ope

21、rating incomes non-operating expenses total profit net profit net profit attributable to owners of the parent company minority shareholders profit and loss other comprehensive incomes total comprehensive incomes total comprehensive incomes attributable to the owners of the parent company total compr

22、ehensive incomes attributable to minority shareholders this period 642,831.59 9,681,654.12 565,753.35 4,320,493.67 25,240,250.37 902,170.04 5,587.65 26,136,832.76 19,477,485.72 16,613,292.99 2,864,192.73 8,762.63 19,486,248.35 16,619,127.15 2,867,121.20 same period of last year 1,227,798.23 7,375,99

23、4.27 -2,400,397.00 19,165,215.06 254,978.59 29,894.53 19,390,299.12 13,444,571.59 11,784,432.63 1,660,138.96 -23,526.41 13,421,045.18 11,781,713.77 1,639,331.41 difference -584,966.64 2,305,659.85 565,753.35 6,720,890.67 6,075,035.31 647,191.45 -24,306.88 6,746,533.64 6,032,914.13 4,828,860.36 1,204

24、,053.77 32,289.04 6,065,203.17 4,837,413.38 1,227,789.79 change rate % -47.64% 31.26% 31.70% 253.82% -81.31% 34.79% 44.87% 40.98% 72.53% 45.19% 41.06% 74.90% 3 shenzhen seg co., ltd.2012 q1 report (full-text) 1. sales expenses: it received a decrease of 580,000 yuan, 47.64% down from the same period

25、 of the last year. the major reason is that the company and its holding subsidiary seg industrial transferred 100% of the equity of shenzhen seg logistics co., ltd.(hereinafter referred to as seg logistics), the financial reports of which were consolidated into the company in this report period. the

26、refore, compared with the same period of the last year, the sales expenses of seg logistics were reduced in this report period. 2. administration expenses: it achieved an increase of 2.31 million yuan, 31.26% up from the same period of the last year. the reason for the growth is, in 2011, four holdi

27、ng subsidiaries of the company, shenzhen seg e-commerce co., ltd. (hereinafter referred to as seg e-commerce), shenzhen seg nanjing electronics market management co., ltd. (hereinafter referred to as nanjing seg), xian hairong seg electronics market co., ltd. (hereinafter referred to as xian hairong

28、 seg) and seg small loans increased the administration expenses of this period, while in the same period of the last year, there was only a holding subsidiary, seg e-commerce under construction, and other three companies had not been established. therefore, compared with the same period of the last

29、year, the administration expenses of aforementioned holding subsidiaries increased. 3. asset impairment loss: it achieved an increase of 570,000 yuan in this item. the main reason is that seg small loans, a holding subsidiary of the company, made a loan loss reserve at 1% of the amount of loan recei

30、vable at the end of this quarter in accordance with the guidance for the reserve of bank loan loss issued by peoples bank of china. compared with the same period of the last year, the seg small loans had not been established, and the company had no loan business. 4. investment income: it achieved an

31、 increase of 6.72 million yuan over the same period of last year. the main reason for increase is that: a) shenzhen seg samsung glass co., ltd., whose 22.45% equity is held by the company achieved a profit of 7.08 million yuan in this report period, and an increase of 1.59 million yuan in investment

32、 income of the company. however, in the same period of last year, this company received a deficit of 13.37 million yuan, and a decrease of 3 million yuan in investment income. b) the company received 2.29 million yuan in entrusted financing business in this period, while this business did not start

33、in the same period of last year. 5. non-operating incomes: it achieved an increase of 0.65 million yuan, with a 253.82% increase over the same period of last year in this item. the reason for increase is that: a) shenzhen seg electronics market management co., ltd and suzhou seg electronics market m

34、anagementhad transferred their historical account payable of 740,000 yuan to this item. b) in this report period, changsha seg development co., ltd. obtained a government support fund of 100,000 yuan. 6. total profit: it achieved an increase of 6.75 million yuan, with a 34.79% increase over the same

35、 period of last year. for major reason, see item 4. 7. net profit: it achieved an increase of 6.03 million yuan, with a 44.87% increase over the same period of last year. for major reason, see item 4. 8. total consolidated incomes belonging to the owners of the parent company: it achieved an increas

36、e of 4.83 million yuan, with a 40.98% increase over the same period of last year. for major reason, see item 4. 9. minority shareholders profit and loss: it achieved an increase of 1.2 million yuan, with a 72.53% increase over the same period of last year. the main reason is that, three holding subs

37、idiaries, nanjing seg, xian hairong seg and seg small loans had gained a net profit of 1.92 million yuan in this report period, and had an increase of 0.92 million yuan in minority shareholders profit and loss in the current period; while in the same period of last year, the aforementioned three com

38、panies had not been established. other consolidated incomes: it achieved an increase of 30,000 yuan. the reason is that in this report period, the stock price of youhao group, whose equity is held by shenzhen seg baohua enterprise development co., ltd., increased at the end of reporting period from

39、the beginning of the period; while in the same period of last year, the stock price decreased at the end of reporting period from the beginning. 11. total consolidated incomes: it achieved an increase of 6.07 million yuan, with a 45.19 increase over the same period of last year. for major reasons, s

40、ee item 4. 12. total consolidated incomes attributable to the owners of the parent company: it achieved an increase of 4.84 million yuan, with a 41.06% increase over the same period of last year. for major reasons, see item 4. 13. total consolidated incomes attributable to minority shareholders: it

41、achieved an increase of 1.23 million yuan, with a 74.90% increase over the same period of last year. for major reasons, see item 9. iii items of cash flow statementin this reportsame period of thebalancechange rate % 4 - - - - - - shenzhen seg co., ltd.2012 q1 report (full-text) item cash received f

42、rom interest, charges and commission period 3,938,358.93 last year 3,938,358.93 other cash activities receivedfromoperating 157,680,892.85 87,007,425.7770,673,467.0881.23% cash paid to/for employees cash received from disposal of investment cash received from returns on investments 17,775,740.32 428

43、,960,000.00 2,288,189.36 12,822,132.594,953,607.73 428,960,000.00 2,288,189.36 38.63% net cash received from disposal of fixed assets, intangible assets and other long-term33,170.00-33,170.00-100.00% assets cash paid for acquiring fixed assets, intangible assets and other long-term assets cash paid

44、for investment cash received from investors 1,726,165.00 571,960,000.00 3,756,711.81 14,700,000.00 -2,030,546.81 571,960,000.00 -14,700,000.00 -54.05% -100.00% 1. cash received from interest, charges and commission: it achieved an increase of 3.94 million yuan in this item over the same period of la

45、st year; the main reason for the increase is that seg small loans, the holding subsidiary of the company which was established in december 2011, added the amount of this item in this report period. 2. other cash received from operating activities: it achieved an increase of 70.67 million yuan, with

46、an 81.23% increase over the same period of last year. the reason for increase is that: a) the united cashier business of the company in electronics markets increased compared with the same period of last year, and the collection of customers payment increased correspondingly; b) the three holding su

47、bsidiaries of the company-nanjing seg, xian hairong seg and seg small loans were founded in 2011, who contributed to the increase of 49.36 million yuan of this item in this report period. 3. cash paid to/for employees: it achieved an increase of 4.95 million yuan, with a 38.63% increase over the sam

48、e period of last year. the major reason for the increase is that the number of employees in the company and its holding subsidiaries increased in this report period. 4. cash received from disposal of investment: it achieved an increase of 428.96 million yuan over the same period of last year. in thi

49、s report period, this item was mainly the entrusted financial capital returned after the maturity date; while in the same period of last year, the entrusted financing business had not started yet. 5. cash received from returns on investments: it achieved an increase of 2.29 million yuan over the sam

50、e period of last year. in this report period, the major part of this item had been the income received from the entrusted financing business; while in the same period of last year, the entrusted financing business had not started yet. 6. net cash received from disposal of fixed assets, intangible as

51、sets and other long-term assets: it had a decrease of 30,000 yuan over the same period of last year. the main reason for the decrease is that the company did not dispose of the fixed assets, intangible assets and other long-term assets. 7. cash paid fwith acquiring fixed assets, intangible assets an

52、d other long-term assets: it had a decrease of 2.03 million yuan, with a 54.05% increase over the same period of last year. the major reason for decrease is that seg e-commerce was under construction in the same period of last year, and there was a large expense for purchasing fixed assets. 8. cash

53、paid for investment: it had a decrease of 571.96 yuan over the same period of last year. in this report period, the major part of this item had been the capital paid for the entrusted financing business; while in the same period of last year, the entrusted financing business had not started yet. 9.

54、cash received from investors: it had a decrease of 14.70 million yuan over the same period of last year. the main reason for the 5 shenzhen seg co., ltd.2012 q1 report (full-text) decrease is that the company established a new holding subsidiary-seg e-commerce in the same period of last year, which

55、absorbed investing capital from shareholders. 3.2 progress of significant events, their influences, and analysis and explanation of their solutions 3.2.1 qualified opinion applicablenot applicable 3.2.2 particulars about fund offered to controlling shareholders or associated parties and external gua

56、rantees which are against regulations applicable not applicable 3.2.3 particulars about signing and implementing key contracts in daily operation applicable not applicable 3.2.4 others applicable not applicable i. intercompany transactions related to daily operations on march 23, 2012, the 8th meeti

57、ng of the 5th board of directors approved that, in 2012, in order to meet the needs of developing business in the electronics market the company shall lease part of the eight floor of seg plaza estate from its controlling shareholder, seg group, as the warehouse for the companys business tenants. du

58、ring the lease term, the company should pay rent and property management fee to seg group. with related directors avoided in the voting, the board of directors agreed that, for 2012, the company can have inter-company transactions on estate lease with seg group based on the market fair value within

59、the limit of 1,000,000.00 rmb. (for details, see the notice on resolution of the 8th meeting of the 5th board of directors of shenzhen seg group co., ltd. and the notice on estimated daily operational inter-company transactions 2012 of shenzhen seg group co., ltd. disclosed on china securities, secu

60、rities times, securities daily, hong kong commercial daily, and at http:/ on march 27, 2012.) during this report period, the company had paid 129,000.00 rmb in total for rent and property management fee to seg group. ii. litigation issues guangzhou jiajie technology co., ltd. (hereinafter referred t