Financial Performance - The company achieved a net profit of CNY 5,795,129.69 for the year 2014, with total distributable profits at CNY 152,826,717.65 after accounting for retained earnings and reserves[2]. - The company's operating revenue for 2014 was approximately CNY 4.41 billion, representing a year-on-year increase of 50.95% compared to CNY 2.92 billion in 2013[27]. - The net profit attributable to shareholders for 2014 was approximately CNY 256.18 million, an increase of 33.13% from CNY 192.43 million in 2013[27]. - The basic earnings per share for 2014 was CNY 0.334, reflecting a year-on-year increase of 33.07% from CNY 0.251 in 2013[28]. - Revenue for 2014 reached ¥4,407,408,455.54, a 50.95% increase from ¥2,919,744,791.63 in the previous year[45]. - Operating costs rose to ¥2,827,060,966.61, reflecting a 98.70% increase from ¥1,422,781,655.16 year-over-year[45]. - The company reported a net cash flow from operating activities of approximately -CNY 369.46 million for 2014, an improvement from -CNY 452.80 million in 2013[27]. - The company achieved a total sales area of approximately 120,000 square meters in the logistics sector, generating sales revenue of about CNY 1 billion in 2014[36]. - In the real estate sector, the company sold approximately 180,000 square meters, resulting in sales revenue of about CNY 1.7 billion in 2014[37]. - The property management segment generated approximately CNY 240 million in revenue for 2014, managing over 5 million square meters of property[38]. Shareholder Information - A cash dividend of CNY 1.1 per 10 shares (including tax) is proposed, totaling CNY 84,459,388.09 for distribution to shareholders[2]. - The company distributed cash dividends of CNY 0.15 per share in 2012, CNY 0.8 per share in 2013, and CNY 1.1 per share in 2014, with the 2014 dividend representing 32.97% of the net profit attributable to shareholders[90]. - The company’s major shareholder, Southern HeungKong Group, holds 52.89% of the total shares after various capital increases and acquisitions[23]. - The total number of shares outstanding as of December 31, 2014, was 767,812,619[2]. - The top shareholder, Southern Xiangjiang Group Co., Ltd., held 406,115,339 shares, representing 52.89% of total shares, with 381,000,000 shares pledged[135]. Corporate Governance - The company has retained Deloitte Huayong as its financial and internal control auditing firm for the 2014 fiscal year, with fees amounting to 210,000 RMB and 80,000 RMB respectively[114][115]. - The company maintains a strict separation between the controlling shareholder and the listed company in terms of business, personnel, assets, and finance, adhering to the "five separations" principle[177]. - The company actively engages in investor relations management, improving communication and feedback mechanisms with investors[181]. - The governance structure of the company is consistent with the requirements set forth by the Company Law and the China Securities Regulatory Commission[185]. - The company held 4 shareholder meetings, 8 board meetings, and 6 supervisory meetings during the reporting period, ensuring compliance with legal requirements and enhancing governance quality[175]. Risk Management - The company faces significant macro policy risks due to strict real estate regulations, including purchase and loan restrictions, which have dampened consumer purchasing intentions[83]. - The company has successfully managed financial risks, primarily relying on bank financing, and reported that its financial operations are stable and within controllable risk levels[84]. - The company has implemented an insider information registration system to prevent insider trading and enhance compliance awareness among stakeholders[183]. Strategic Plans - The company plans to expand its investment in the logistics platform, with a focus on building additional logistics centers in key regions[36]. - The company plans to focus on product innovation, including the development of green buildings and leisure-oriented projects, which have received high recognition from buyers[63]. - The company plans to develop a total construction area of approximately 1.9 million square meters in 2015, with approximately 660,000 square meters planned for new construction[77]. - The company plans to focus on expanding in cities such as Guangzhou, Zhuhai, Shenzhen, and Changsha in 2015[79]. - The company aims to enhance its market positioning by leveraging its strong market understanding and innovative capabilities to mitigate risks associated with macroeconomic policies[64]. Employee Information - The number of employees in the parent company is 164, while the total number of employees in major subsidiaries is 2,057, resulting in a combined total of 2,221 employees[166]. - The company has established a tiered training implementation system to enhance employee skills and management capabilities[168]. - The professional composition of employees includes 39 in strategic operations, 34 in project development, and 1,708 in other roles such as administration and IT[166]. - The company has a total of 1,294 employees with a college degree or higher[166]. Legal Matters - The company reported no ongoing litigation or arbitration matters during the reporting period[95]. - The company faced a rental contract dispute involving a claim of 8,929,032.65 CNY, which has been adjudicated and is currently being executed[97]. - The court ruled that the defendant must pay 2,577,500.20 CNY in site occupation fees, with additional fees accruing until the site is returned[98]. Financial Position - The company reported a total financing balance of approximately 3.589 billion RMB as of December 31, 2014, with a weighted average financing cost of approximately 7.94%[76]. - The company’s total assets at the end of the reporting period were CNY 5,146,223.99, representing a 39.19% decrease compared to the previous period[60]. - Short-term borrowings increased by 440.98% to CNY 649,181,200.00, indicating a significant rise in bank loans[60]. - The company reported a 51.72% increase in other receivables, amounting to CNY 340,233,518.48, compared to the previous period[60]. Accounting and Financial Reporting - The company has adopted new accounting standards effective July 1, 2014, which include eight revised accounting principles impacting financial reporting[86]. - The adjustment in accounting policies resulted in an increase of CNY 18,350,000 in available-for-sale financial assets and a corresponding decrease in long-term equity investments, with no impact on total assets or net profit[87]. - The company reported no impact on net profit and total comprehensive income for the year 2013 due to changes in accounting policies[120].

2014 年第三季度报告 深圳香江控股股份有限公司 2014 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2014 年第三季度报告 一、 重要提示 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 本报告期末 上年度末 本报告期末比上 年度末增减(%) 总资产 13,184,352,720.81 13,310,120,921.41 -0.94 归属于上市公司股东的 1,798,128,882.75 1,613,711,227.33 11.43 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减 (%) 经营活动产生的现金流 -218,015,639.62 -176,154,191.88 不适用 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减 （%） 营业收入 2,682,977,942 ...

Financial Performance - The company reported a revenue of approximately CNY 1.295 billion for the first half of 2014, a decrease of 10.79% compared to CNY 1.452 billion in the same period last year[18]. - Net profit attributable to shareholders was CNY 139.74 million, representing a 4.38% increase from CNY 133.88 million year-on-year[19]. - The basic earnings per share increased by 4.60% to CNY 0.182 from CNY 0.174 in the previous year[18]. - The company achieved real estate sales of approximately 106,300 square meters, generating sales revenue of about CNY 946 million during the reporting period[20]. - The company's main business revenue from residential and commercial property sales was CNY 1,086,634,306, with a year-on-year decrease of 12.10% and a gross margin of 45.43%, down by 10.90 percentage points[22]. - The revenue from trade logistics operations was CNY 64,614,160.59, showing a slight increase of 0.44% year-on-year, but the gross margin decreased by 4.09 percentage points to 64.49%[22]. - The revenue from land development and engineering services was CNY 22,138,318.50, with a significant year-on-year increase of 763.62%, but the gross margin dropped drastically by 69.36 percentage points to 22.52%[22]. - Property management and other services generated revenue of CNY 120,502,100.95, reflecting a year-on-year increase of 16.52%, with a gross margin of 41.24%, down by 1.86 percentage points[22]. - The company reported a significant decrease in revenue from commercial property sales at trade logistics bases, amounting to CNY 1,115,663, which is a staggering decline of 97.52% year-on-year, although the gross margin increased by 8.59 percentage points to 60.67%[22]. - Total operating revenue decreased to ¥1,295,004,549.04 from ¥1,451,608,720.41, a decline of approximately 10.8% year-over-year[55]. - Net profit decreased to ¥133,758,384.39 from ¥269,658,742.09, a decline of about 50.5% year-over-year[55]. - Total comprehensive income decreased to ¥133,758,384.39 from ¥254,499,641.69, a decline of approximately 47.5%[55]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -272.53 million, a significant decrease compared to CNY 40.94 million in the same period last year, reflecting a 765.74% decline[19]. - The company's cash and cash equivalents decreased from ¥1,709,827,293.90 at the beginning of the year to ¥1,469,208,534.77 by June 30, 2014, a decline of approximately 14.06%[49]. - The total cash and cash equivalents at the end of the period stood at 1,366,520,194.55 RMB, down from 2,452,214,942.66 RMB at the end of the previous period[61]. - The company reported a significant decrease in sales revenue from cash received, totaling ¥1,320,211,412.84 compared to ¥2,065,248,936.13, a decline of approximately 36%[59]. - The total cash inflow from financing activities was 875,348,281.71 RMB, down from 1,046,579,647.78 RMB year-on-year[61]. - The net cash flow from investing activities was -28,874,734.87 RMB, a significant decrease from 7,665,669.83 RMB in the previous period[61]. - The company raised 6,000,000.00 RMB from minority shareholders during the reporting period[66]. - Cash outflow for financing activities totaled 849,010,104.06 RMB, compared to 1,029,753,920.79 RMB in the previous period[61]. Assets and Liabilities - The total assets of the company increased by 3.32% to CNY 13.75 billion from CNY 13.31 billion at the end of the previous year[19]. - Total liabilities increased to CNY 11.50 billion from CNY 11.12 billion, representing a growth of approximately 3.4%[50]. - Current liabilities rose to CNY 9.53 billion, up from CNY 9.13 billion, indicating an increase of about 4.4%[50]. - Non-current liabilities decreased slightly to CNY 1.97 billion from CNY 1.99 billion, a decline of around 1.3%[50]. - Owner's equity totaled CNY 2.26 billion, up from CNY 2.19 billion, reflecting a growth of about 3.3%[50]. - The total owner's equity decreased from CNY 1.25 billion to CNY 1.19 billion, a decline of approximately 4.9%[52]. - The total number of shareholders at the end of the reporting period was 57,283[40]. - The largest shareholder, Southern Xiangjiang Group Co., Ltd., held 52.89% of shares, totaling 406,115,339 shares[40]. Investments and Subsidiaries - The company has significant investments in real estate, holding 51% of Guangzhou Panyu Jinjiang Real Estate Co., 90% of Baoding Xiangjiang Haotian Real Estate Development Co., and 100% of Chengdu Xiangjiang Furniture Industry Investment Development Co.[77]. - The company has a total of 12 subsidiaries, with a focus on real estate development, property management, and education services[170]. - The company plans to expand its real estate development projects, particularly in the Zhuhai area, with an investment of 12,000 million[169]. - The company is actively involved in educational services, operating multiple kindergartens and a full-time school with a total investment of 270 million[169]. - The company is exploring new technology and software development through its subsidiary Guangzhou Jincui Information Technology Co., Ltd., with an investment of 10 million[170]. - The company is expanding its market presence through various subsidiaries in cities like Chengdu, Zhengzhou, and Luoyang, enhancing its real estate portfolio[174]. Financial Management and Governance - The company appointed Deloitte Huayong as its financial audit institution for the 2014 fiscal year[35]. - The company has no significant litigation or arbitration cases that were not disclosed during the reporting period[29]. - The company has no significant related party transactions during the reporting period[33]. - The company has not experienced any investigations or penalties from regulatory authorities during the reporting period[36]. - The company has no commitments that were not fulfilled during the reporting period[34]. - The company has no changes in accounting policies or estimates reported for the period[163]. - The company’s effective corporate income tax rate is 25%[165]. Accounting Policies and Practices - The company’s financial statements comply with the requirements of enterprise accounting standards, reflecting its financial status and operating results accurately[79]. - The company recognizes financial assets or liabilities at fair value when it becomes a party to a financial instrument contract[97]. - Financial assets are classified at initial recognition as those measured at fair value with changes recognized in profit or loss, held to maturity investments, loans and receivables, or available-for-sale financial assets[99]. - The company applies the equity method for long-term equity investments, recognizing investment income based on the share of net profit or loss of the investee[136]. - The company conducts annual impairment tests for intangible assets with indefinite useful lives, regardless of whether there are indications of impairment[153]. - The company confirmed revenue recognition for real estate sales upon completion and receipt of payment proof, with over 50% of the payment required[156]. Market Strategy and Future Plans - The company plans to continue expanding its real estate projects, particularly in logistics and commercial properties, to enhance revenue streams[20]. - The company is committed to enhancing its market strategies through mergers and acquisitions, aiming for a stronger foothold in the real estate sector[171]. - The company is actively pursuing new strategies in market expansion and product development within the real estate sector[174].

深圳香江控股股份有限公司 600162 2014 年第一季度报告 | 一、 | 重要提示 2 | | --- | --- | | 二、 | 公司主要财务数据和股东变化 3 | | 三、 | 重要事项 6 | | 四、 | 附录 0 | 600162 深圳香江控股股份有限公司 2014 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 | 公司负责人姓名 | 翟美卿 | | --- | --- | | 主管会计工作负责人姓名 | 谈惠明 | | 会计机构负责人（会计主管人员）姓名 | 陈琳 | 公司负责人翟美卿、主管会计工作负责人谈惠明及会计机构负责人（会计主管人员）陈琳保 证季度报告中财务报表的真实、准确、完整。 1.4 公司第一季度报告中的财务报表未经审计。 600162 深圳香江控股股份有限公司 2014 年第一季度报告 二、 公司主要财务数据和股东变化 2.1 主要财务数据 | 证券账户 | | | | | - ...

Financial Performance - The net profit attributable to shareholders for 2013 was CNY 192,433,192.04, while the net profit for the parent company was CNY -33,501,978.77[4] - The company reported a net profit attributable to shareholders of 192,433,192.04 RMB in 2013, a significant increase of 527% compared to 30,690,972.05 RMB in 2012[21] - The company reported a net profit after deducting non-recurring gains and losses of 166,585,429.10 RMB in 2013, an increase of 869.68% from 17,179,509.17 RMB in 2012[21] - The net profit for the year was RMB 373,669,373.81, significantly up from RMB 44,066,247.24, representing an increase of 748.57%[149] - The basic earnings per share rose to RMB 0.251 from RMB 0.040, reflecting a substantial improvement in profitability[149] Revenue and Sales - Revenue increased by 8.56% year-on-year, reaching approximately CNY 2.92 billion, driven by higher sales area and increased sales prices of properties[32] - In 2013, the company achieved a real estate signed sales area of approximately 380,000 square meters and a signed sales amount of about 3.1 billion RMB[25] - The company's total revenue for the year reached CNY 2,919,744,791.63, an increase of 8.56% compared to the previous year[42] Assets and Liabilities - The company's total assets reached 13.31 billion RMB at the end of 2013, reflecting a 6.51% increase from 12.50 billion RMB in 2012[21] - The total liabilities decreased by 13.65% to CNY 2,984,000,000.00, with a notable reduction in short-term borrowings by 63.04%[42] - The total current liabilities increased to RMB 9,134,310,797.15 from RMB 8,904,190,796.51, reflecting a rise of approximately 2.6%[145] - The company’s long-term borrowings increased to RMB 1,969,020,687.77 from RMB 1,707,606,550.87, representing an increase of about 15.3%[145] Cash Flow - The net cash flow from operating activities was -452,795,264.64 RMB in 2013, a decrease of 128.99% compared to 1.56 billion RMB in 2012[21] - The cash and cash equivalents at the end of the period were CNY 1,709,827,293.90, a decrease of 30.72% from the previous year[42] - The company reported a net cash outflow from operating activities of RMB 452,795,264.64, compared to a net inflow of RMB 1,562,062,956.82 in the previous year[155] Dividends and Profit Distribution - The proposed cash dividend distribution is CNY 0.8 per 10 shares, totaling CNY 61,425,009.52, leaving an undistributed profit of CNY 147,611,100.93 to be carried forward[4] - The company distributed cash dividends of approximately RMB 61,425,009 for the year, representing 31.92% of the net profit attributable to shareholders[55] - The company declared a cash dividend of RMB 0.80 per 10 shares for the year 2013, totaling RMB 61,425,009.52 in cash dividends[19] Shareholder Information - The total number of shares as of December 31, 2013, was 767,812,619[4] - The company’s major shareholder, Southern HeungKong Group, holds 52.89% of the total shares after various capital increases and acquisitions[18] - The number of shareholders at the end of the reporting period was 54,113, an increase from 52,828 before the annual report disclosure[74] Governance and Compliance - The company’s financial report has been audited by Deloitte Huayong, confirming its accuracy and completeness[3] - The company has established a comprehensive internal control system, which is functioning well as of the end of the reporting period[108] - The company has a governance structure that adheres to the "five separations" principle, ensuring independence from its controlling shareholder[106] Risks and Future Plans - The company has outlined potential risks in its future plans, advising investors to be cautious[5] - The company plans to continue expanding its commercial logistics base construction in 2014, building on the experiences gained from previous projects[26] - The company plans to develop approximately 2.2 million square meters in total, with new construction area of about 420,000 square meters in 2014[30] Employee and Management Information - The total number of employees in the parent company is 148, while the total number of employees in major subsidiaries is 2,101, resulting in a combined total of 2,249 employees[101] - The total remuneration for the board members and senior management during the reporting period amounted to CNY 1,049.6 million[86] - The management team includes experienced professionals with backgrounds in finance, law, and engineering, contributing to the company's operational efficiency[96][97] Investment and Capital Structure - The company plans to meet funding needs for ongoing projects through a combination of operational cash flow and external financing[50] - The company has maintained a good development trend, with total assets increasing year-on-year over the past three years[79] - The company is focused on diversified industry investments as part of its future development strategy[77] Audit and Financial Reporting - The company received a standard unqualified audit opinion from Deloitte for the 2013 financial statements[131] - The financial statements prepared by the company comply with the requirements of the enterprise accounting standards, accurately reflecting the financial position and operating results as of December 31, 2013[174]