J-Yuan Trust (600816)

Search documents
建元信托(600816) - 2017 Q2 - 季度财报
2017-08-15 16:00
Financial Performance - The company's operating revenue for the first half of 2017 was ¥2,351,160,102.09, representing a 14.39% increase compared to ¥2,055,363,932.62 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2017 was ¥1,612,017,249.51, up 15.73% from ¥1,392,890,350.25 in the previous year[19]. - Basic earnings per share for the first half of 2017 were ¥0.3537, a decrease of 1.12% from ¥0.3577 in the same period last year[20]. - The diluted earnings per share remained at ¥0.3537, unchanged from the basic earnings per share[20]. - The total profit for the current period was ¥2,073,174,586.98, a rise of 12.6% compared to ¥1,841,502,973.73 in the previous period[99]. - Total comprehensive income for the current period was ¥1,632,332,839.32, compared to ¥1,397,031,273.35 in the previous period[101]. Cash Flow - The net cash flow from operating activities decreased by 41.70%, amounting to ¥1,118,441,424.91 compared to ¥1,918,413,391.86 in the same period last year[19]. - The net cash flow from investment activities was -1,833,394,592.08 CNY, compared to -1,707,704,567.46 CNY in the previous period, indicating a decline in investment returns[105]. - The net cash flow from financing activities was -1,299,985,890.60 CNY, an increase from -619,461,439.80 CNY in the previous period, reflecting higher dividend distributions[105]. - The total cash inflow from operating activities was 5,064,889,665.74 CNY, compared to 2,487,382,019.75 CNY in the previous period, showing an increase in operational efficiency[108]. - The net increase in cash and cash equivalents was -2,014,939,057.77 CNY, compared to -408,752,615.40 CNY in the previous period, reflecting liquidity challenges[105]. Assets and Liabilities - The total assets at the end of the reporting period were ¥20,379,893,882.13, a 6.56% increase from ¥19,125,695,062.24 at the end of the previous year[19]. - The total liabilities rose to CNY 6,272,380,360.13 from CNY 5,407,528,488.96, marking an increase of around 16.01%[95]. - Owner's equity totaled CNY 14,107,513,522.00, up from CNY 13,718,166,573.28, indicating a growth of about 2.84%[95]. - The company reported a significant increase in receivable interest, which rose to CNY 78,210,578.58 from CNY 15,467,696.36, a growth of approximately 406.73%[94]. - The company’s total liabilities at the end of the period are not explicitly stated but can be inferred to be lower than total assets, maintaining a healthy balance sheet[116]. Investment and Income - The company reported a net interest income of CNY 10,540.85 million for the first half of 2017, a decrease of 47.5% compared to CNY 20,125.12 million in the same period of 2016[27]. - Investment income increased significantly to CNY 34,549.39 million in the first half of 2017, compared to CNY 11,196.83 million in the first half of 2016, marking a growth of 208.5%[27]. - The company’s total fee and commission income reached CNY 235,656.00 million in the first half of 2017, up 24.4% from CNY 189,345.75 million in the same period of 2016[28]. Shareholder Information - The company completed a cash dividend distribution of 40.97%, paying CNY 6.00 per 10 shares[38]. - The total number of shares held by the top ten shareholders is 2,389,941,118, representing 52.44% of the total shares[81]. - Shanghai Guozhijie Investment Development Co., Ltd. holds 1,566,860,009 shares under lock-up conditions, with a release date of July 2, 2018, and an additional 170,706,166 shares with a release date of December 27, 2021[84]. - The total number of restricted shares at the end of the reporting period is 2,060,011,153, with 1,123,642,447 shares added during the reporting period[78]. - The company’s total share capital increased to 4,557,614,932 shares following the capital reserve conversion[57]. Risk Management - The company has outlined potential risks in the industry and market, which are detailed in the management's discussion and analysis section of the report[6]. - The company faces risks including policy, operational, and management risks, and plans to enhance its risk management framework[51]. Compliance and Governance - The company ensures that no illegal occupation of funds or assets occurs, maintaining compliance with relevant laws and regulations[59]. - The company has committed to fulfilling information disclosure obligations in accordance with laws and regulations[59]. - The financial statements are prepared in accordance with the enterprise accounting standards, ensuring accuracy and completeness[125]. - The company’s financial report was approved by the board of directors on August 15, 2017, ensuring governance compliance[121]. Accounting Policies - The company’s accounting policies and estimates are aligned with the relevant regulations, reflecting a commitment to transparency[125]. - The company recognizes rental income on a straight-line basis over the entire lease term, excluding rent-free periods[192]. - The company does not apply hedge accounting[193]. - The company does not hold assets for sale[193].
建元信托(600816) - 2017 Q1 - 季度财报
2017-04-24 16:00
Financial Performance - Operating income for the period was ¥1.63 billion, representing a growth of 60.35% year-on-year[6]. - Net profit attributable to shareholders was ¥1.02 billion, up 67.73% from the same period last year[6]. - Basic earnings per share were ¥0.2238, reflecting a 43.28% increase year-on-year[6]. - The total profit for Q1 2017 was CNY 1,360,180,747.11, an increase of 67.7% compared to CNY 810,911,078.06 in Q1 2016[24]. - Net profit for Q1 2017 reached CNY 1,020,135,560.33, representing a 67.6% increase from CNY 608,183,308.54 in Q1 2016[21]. - The company achieved investment income of CNY 85,912,692.69, a decrease from CNY 100,702,990.46 in the same period last year[20]. - The total comprehensive income for Q1 2017 was CNY 1,033,877,964.22, compared to CNY 608,183,308.54 in Q1 2016, marking a growth of 69.9%[24]. Cash Flow - Cash flow from operating activities increased significantly to ¥1.42 billion, a rise of 158.73% compared to the previous year[6]. - The net cash flow from operating activities for Q1 2017 was ¥463,610,631.70, a decrease of 15.6% compared to ¥549,103,710.29 in the previous period[28]. - Cash inflow from investment activities totaled ¥8,273,808,027.02, significantly up from ¥2,768,260,623.03 in the prior period, indicating a strong increase of 199.5%[28]. - The net cash flow from investment activities was negative at -¥1,342,987,845.98, contrasting with a positive cash flow of ¥290,998,478.14 in the previous period[28]. - The company reported a net cash inflow from operating activities of CNY 1,420,676,105.77, compared to CNY 549,103,710.29 in the same period last year[26]. - The cash flow from other operating activities was ¥404,095,442.59, compared to a cash outflow of ¥109,117,216.30 in the previous period[28]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥19.41 billion, an increase of 1.49% compared to the end of the previous year[6]. - The company's total assets reached CNY 19,410,321.78 million, up from CNY 19,125,695.06 million at the beginning of the year[15]. - The company's total liabilities increased to CNY 5,901,263.14 million from CNY 5,407,528.49 million, with other liabilities rising significantly[15]. - The company's paid-in capital increased to CNY 4,557,614.93 million, up from CNY 2,071,643.15 million, due to a capital increase approved by the annual general meeting[15]. - The company's other assets increased significantly to CNY 1,404,735.01 million from CNY 465,543.68 million, primarily due to an increase in receivable fees and commissions[14]. Shareholder Information - The total number of shareholders reached 84,536 by the end of the reporting period[10]. - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holds 52.44% of the shares[10]. Operational Insights - The company continues to adhere to a model that combines production and finance, which has contributed to the growth of its trust business over the years[12]. - The company reported an increase in commission income compared to the same period last year, indicating growth in its trust business[12]. - The company incurred operating expenses of CNY 272,719,926.45, which is an increase from CNY 207,140,063.03 in the previous year[20]. - The net interest income for Q1 2017 was CNY 29,571,086.40, down from CNY 122,328,172.75 in Q1 2016, reflecting a decline of 75.8%[20]. - The company experienced a net decrease in cash and cash equivalents of -¥2,122,363,104.88 during the quarter[29].
建元信托(600816) - 2016 Q4 - 年度财报
2017-01-24 16:00
Financial Performance - In 2016, the company reported a total revenue of RMB 5,245,959,043.75, representing a 77.54% increase compared to RMB 2,954,767,340.15 in 2015[21]. - The net profit attributable to shareholders of the listed company for 2016 was RMB 3,033,947,447.70, up 76.17% from RMB 1,722,148,466.81 in the previous year[21]. - Basic earnings per share increased by 63.54% to CNY 1.7142 in 2016 compared to CNY 1.0482 in 2015[22]. - The net profit attributable to shareholders for Q4 2016 was CNY 723,265,445.78, with a total annual net profit of CNY 3,013,947,000.00[24]. - The total investment income for 2016 was CNY 27,977.43 million, up from CNY 19,047.31 million in 2015, reflecting a strong growth in investment activities[33]. - The fee and commission income from trust business reached CNY 452,410.89 million in 2016, a substantial increase from CNY 233,134.37 million in 2015[34]. - The company's operating revenue for 2016 reached ¥5,245,959,043.75, a 77.54% increase compared to ¥2,954,767,340.15 in the previous year[56]. - The total comprehensive income for the year reached ¥3,055,701,763.36, significantly higher than ¥1,717,877,887.32 from the previous year, indicating an increase of about 78%[178]. Assets and Liabilities - The total assets of the company reached RMB 19,125,695,062.24 at the end of 2016, marking a 108.82% increase from RMB 9,158,951,229.91 in 2015[21]. - The net assets attributable to shareholders of the listed company increased by 117.44% to RMB 13,718,166,573.28 at the end of 2016, compared to RMB 6,308,919,296.89 at the end of 2015[21]. - The company's total assets increased significantly, with interbank deposits rising by 155.58% to approximately CNY 3.45 billion, accounting for 18.01% of total assets[65]. - Total liabilities reached ¥5,407,528,488.96, compared to ¥2,850,031,933.02, marking an increase of 89.7%[170]. - Owner's equity totaled ¥13,718,166,573.28, up from ¥6,308,919,296.89, indicating a growth of 117.5%[170]. Cash Flow - The net cash flow from operating activities for 2016 was RMB 2,993,793,908.96, reflecting a 65.73% increase from RMB 1,806,478,188.85 in 2015[21]. - The company's operating cash flow for Q2 2016 was CNY 1,369,309,681.57, showing significant cash generation capabilities[24]. - The total cash inflow from investment activities was CNY 14,915,191,241.30, compared to CNY 11,435,233,253.68 in the previous year, indicating a year-over-year increase of about 30.0%[184]. - The ending balance of cash and cash equivalents was CNY 3,393,842,115.89, up from CNY 1,296,446,337.69, representing a growth of approximately 162.0%[182]. Shareholder Actions - The company plans to distribute a cash dividend of RMB 6.00 per 10 shares, totaling RMB 1,242,985,890.60, based on a total share capital of 2,071,643,151 shares[5]. - The company distributed a cash dividend of 6.00 yuan per 10 shares in 2016, with a total cash dividend amounting to approximately 1.24 billion yuan[85]. - The total number of ordinary shares increased from 1,769,889,828 to 2,071,643,151, reflecting a change of 301,753,323 shares[115]. - The largest shareholder, Shanghai Guozhi Jie Investment Development Co., Ltd., holds 1,086,336,872 shares, representing 52.44% of the total shares[124]. Risk Management - The company emphasizes the importance of risk awareness regarding industry and market risks in its forward-looking statements[6]. - The company emphasizes the importance of a comprehensive risk governance structure to ensure smooth project operations and settlements[75]. - The company faces three main risks: policy risk, business risk, and management risk, which could impact its operations and results[77]. - The company has strengthened its risk governance structure and compliance measures, enhancing its operational risk management capabilities[53]. Corporate Governance - The audit report for the company was issued by Lixin Certified Public Accountants, confirming the accuracy and completeness of the financial statements[4]. - The company has established a comprehensive governance structure, including a board of directors, supervisory board, and various specialized committees[149]. - The independent directors raised no objections to company matters during the reporting period[155]. - The company has maintained a consistent approach to remuneration based on industry standards and individual contributions[141]. Business Strategy and Development - The company aims to enhance its core competitiveness through business innovation and diversification, focusing on asset management and wealth management services[40]. - The company expanded its investment focus to include new energy, health care, and logistics real estate sectors, in addition to traditional areas like infrastructure and real estate[49]. - The company is focusing on business transformation and diversification, targeting sectors such as healthcare, new energy, and smart cities for sustainable growth[50]. - The company aims to optimize its asset allocation and strengthen its risk management framework to ensure sustainable development[74]. Employee and Management - The total number of employees in the parent company is 210, with 18 retired employees[144]. - The total remuneration for all directors, supervisors, and senior management in 2016 amounted to CNY 31.4051 million[141]. - The company conducted a total of 87 training sessions, lasting 287.5 hours, covering 771 participants[146]. - The company has a performance assessment management method in place to evaluate senior management's performance annually[141].
建元信托(600816) - 2016 Q3 - 季度财报
2016-10-27 16:00
Financial Performance - Net profit attributable to shareholders increased by 90.41% to CNY 2,310,682,001.92 for the first nine months of the year[8] - Operating revenue rose by 82.92% to CNY 3,514,553,663.24 year-on-year[8] - Basic earnings per share increased by 72.2% to CNY 1.3056[8] - Total profit for Q3 2016 reached ¥1,239,406,362.17, a significant increase compared to ¥472,109,470.17 in the same period last year[29] - Net profit for the first nine months of 2016 was ¥2,310,682,001.92, up from ¥1,213,557,961.63 year-over-year[29] Assets and Liabilities - Total assets increased by 26.60% to CNY 11,595,114,273.31 compared to the end of the previous year[8] - The company's total assets increased to CNY 11,595,114,273.31 as of September 30, 2016, up from CNY 9,158,951,229.91 at the beginning of the year, representing a growth of approximately 26.6%[22] - The company’s total liabilities amounted to CNY 3,590,833,491.20, up from CNY 2,850,031,933.02 at the beginning of the year, representing an increase of about 26%[24] - The company’s cash and deposits with the central bank increased to CNY 23,031.26 from CNY 11,716.91 at the beginning of the year, indicating a growth of approximately 96%[23] Cash Flow - Net cash flow from operating activities reached CNY 2,030,407,727.82, a significant increase of 394.87% compared to the same period last year[8] - Cash inflow from operating activities totaled ¥2,740,445,328.73, a substantial increase from ¥754,306,043.11 in the previous year[32] - Net cash flow from operating activities was ¥2,030,407,727.82, reversing from a negative cash flow of ¥688,580,336.75 in the same period last year[32] - Total cash inflow from operating activities included ¥1,609,642,328.73 from interest, fees, and commissions, significantly higher than ¥702,295,043.11 last year[32] Investments and Income - The company reported a net investment income of CNY 208,157,158.78 for the first nine months, compared to CNY 14,287,917.07 in the previous year, indicating a growth of approximately 1,358%[28] - Interest income for the first nine months was CNY 293,444,622.87, compared to CNY 170,329,370.37 in the previous year, showing an increase of approximately 72%[28] - The company’s net interest income for the first nine months was CNY 192,950,525.64, compared to CNY 170,328,592.59 in the previous year, reflecting an increase of approximately 13%[28] Shareholder Information - The total number of shareholders reached 44,671 by the end of the reporting period[13] - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holds 56.99% of the shares[13] Government and Non-Recurring Items - Government subsidies related to normal business operations amounted to CNY 130,803,000.00 for the year-to-date[11] - The company reported a total of CNY 97,487,250.00 in non-recurring gains and losses for the year-to-date[11] Other Assets - The company's other assets, primarily accounts receivable, increased significantly, reflecting the recognition of unreceived fees and commissions[17] - The company reported a significant increase in the balance of financial assets measured at fair value rising to CNY 6,242,987,680.46 from CNY 3,123,218,369.69, marking an increase of about 99%[23]
建元信托(600816) - 2016 Q2 - 季度财报
2016-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2016 was approximately ¥2.06 billion, representing a 53.11% increase compared to ¥1.34 billion in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2016 was approximately ¥1.39 billion, a 67.49% increase from ¥831.61 million in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥1.30 billion, up 63.97% from ¥790.00 million year-on-year[19]. - The net cash flow from operating activities reached approximately ¥1.92 billion, a significant increase of 572.60% compared to ¥285.22 million in the same period last year[19]. - The total assets at the end of the reporting period were approximately ¥10.42 billion, reflecting a 13.77% increase from ¥9.16 billion at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥7.09 billion, which is a 12.32% increase from ¥6.31 billion at the end of the previous year[19]. - Basic earnings per share for the first half of 2016 were ¥0.787, an increase of 7.44% compared to ¥0.733 in the same period last year[19]. - The weighted average return on net assets decreased to 20.80%, down 16.79 percentage points from 37.59% in the previous year[19]. Government and Regulatory Matters - The company reported government subsidies recognized in the current period amounting to ¥130.80 million, which are closely related to normal business operations[21]. - There were no significant non-operating fund occupation issues reported by controlling shareholders or related parties[4]. - The company has committed to not using its shareholder position to seek preferential treatment in business cooperation with its controlling shareholder, Shanghai Guozhijie Investment Development Co., Ltd.[66]. - The company will ensure that any necessary related transactions are conducted at fair market prices and in compliance with relevant laws and regulations[66]. - The company has no significant contracts or transactions that are not disclosed in the interim announcement[66]. - There are no significant changes or updates to previously disclosed related transactions[60]. - The company has no outstanding guarantees applicable at this time[66]. Investment Activities - The company plans to raise up to CNY 4.991 billion through a non-public issuance of A shares, which has been approved by the China Securities Regulatory Commission[32]. - The company’s investment activities resulted in a net cash outflow of CNY 1,707,704,567.46, primarily due to increased investments in financial equity and products[28]. - The company holds 8,744,000 shares of Luzhou Commercial Bank, accounting for 6.04% of its total equity[42]. - The company plans to invest RMB 400 million to acquire 40 million shares, representing 20% of Guohe Life Insurance[43]. - The company has invested RMB 235.21 million in Luzhou Commercial Bank and RMB 500 million in Bohai Life Insurance, with the latter under regulatory review[47]. - The company’s securities investment in Keli Yuan has a book value of RMB 30.81 million, with a reported gain of RMB 15.44 million during the reporting period[44]. - The company’s investment in Guozhong Water has a book value of RMB 259.42 million, with a loss of RMB 141.94 million reported[44]. - The company’s investment in Pengbo has a book value of RMB 1,133.68 million, with a loss of RMB 53.86 million reported[44]. Shareholder Information - The total number of shareholders reached 50,208 by the end of the reporting period[73]. - Shanghai Guozhijie Investment Development Co., Ltd. holds 1,008,743,160 shares, accounting for 56.99% of total shares[74]. - The total share capital of the company is 1,769,889,828 shares, with 634,615,383 shares (35.86%) being restricted and 1,135,274,445 shares (64.14%) unrestricted[101]. - The company has a lock-up period of 36 months for shares issued in the private placement[76]. - There are no changes in the total number of shares or share structure during the reporting period[73]. Financial Condition and Cash Flow - The company has maintained a good financial condition and possesses the ability to continue operations for the next 12 months[104]. - The total cash and cash equivalents at the end of the period were ¥887,693,722.29, down from ¥3,353,808,921.61 at the beginning of the period, reflecting a decrease of approximately 73%[94]. - The total cash inflow from investment activities was ¥5,899,670,882.25, while cash outflow was ¥7,607,375,449.71, resulting in a net cash flow of -¥1,707,704,567.46 from investment activities[94]. - The cash flow from financing activities showed a net outflow of -¥619,461,439.80, compared to a net inflow of ¥2,789,430,837.30 in the previous period, indicating a shift in financing strategy[94]. - The company experienced a net increase in customer loans and advances of -¥738,927,084.09, indicating a reduction in lending activities compared to the previous period[94]. - The company’s net cash flow decreased by ¥408,752,615.40 during the period, contrasting with an increase of ¥2,976,359,170.43 in the previous period, indicating a challenging cash management environment[94]. Accounting Policies and Compliance - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements reflect the true financial status, operating results, and cash flows[105]. - The company has not faced any penalties or corrective actions from regulatory bodies[70]. - The company has not changed its significant accounting policies or estimates during the reporting period[157][158]. - The company recognizes expected liabilities when the obligation can be reliably measured and is likely to result in an outflow of economic benefits[139]. Asset Management - The total value of available-for-sale financial assets at the end of the period was CNY 766,723,178.07, compared to CNY 1,606,601,947.27 at the beginning, reflecting a decrease of approximately 52%[179]. - The company reported a significant increase in the value of mortgage loans, which rose to CNY 240,000,000.00 from CNY 150,000,000.00, marking a growth of 60%[176]. - The company’s total liabilities decreased significantly, reflecting a strategic focus on reducing debt levels[172]. - The company’s intangible assets increased from CNY 10,041,383.00 to CNY 10,232,665.05, reflecting an increase of approximately 1.9% during the period[188]. - The total value of other assets at the end of the period was CNY 1,978,048,724.36, up from CNY 504,349,274.10, representing a significant increase of approximately 292.5%[192].
建元信托(600816) - 2016 Q1 - 季度财报
2016-04-15 16:00
Financial Performance - Operating income surged by 133.52% to CNY 1,018,391,141.09 year-on-year[6] - Net profit attributable to shareholders rose by 195.45% to CNY 608,183,308.54 compared to the same period last year[6] - Basic and diluted earnings per share increased by 89.52% to CNY 0.3436[6] - The company's net profit for the first quarter of 2016 reached ¥608,183,308.54, a significant increase from ¥205,848,067.97 in the same period last year, representing a growth of approximately 195.5%[29] - Operating income for the first quarter of 2016 was ¥1,018,391,141.09, compared to ¥436,096,596.73 in the previous year, indicating an increase of about 133.5%[29] - The company's basic earnings per share for the first quarter were ¥0.3436, compared to ¥0.1813 in the same period last year, representing an increase of about 89.5%[29] - The company reported a significant increase in commission income, which reached ¥905,558,159.30, compared to ¥391,171,785.98 in the previous year, indicating a growth of approximately 131.3%[29] Assets and Liabilities - Total assets increased by 3.76% to CNY 9,503,110,486.92 compared to the end of the previous year[6] - The total assets as of March 31, 2016, amounted to ¥9,503,110,486.92, compared to ¥9,158,951,229.91 at the beginning of the year, reflecting a growth of about 3.8%[25] - The total liabilities increased to ¥3,205,469,321.29 from ¥2,850,031,933.02, which is an increase of approximately 12.4%[26] Cash Flow - Cash flow from operating activities improved significantly, with a net inflow of CNY 549,103,710.29, a 195.17% increase from the previous year[6] - Net cash flow from operating activities amounted to ¥549,103,710.29, a significant improvement from a net outflow of ¥576,964,563.44 in the previous period[32] - Cash inflow from investment activities totaled ¥2,768,260,623.03, compared to ¥651,647,882.53 in the prior period, indicating a substantial increase[32] - The net increase in cash and cash equivalents for the period was ¥840,102,188.43, contrasting with a decrease of ¥233,072,625.91 in the prior period[33] - The ending balance of cash and cash equivalents reached ¥2,136,548,526.12, up from ¥144,377,125.27 at the end of the previous period[33] - Cash received from interest, fees, and commissions was ¥494,370,325.72, significantly higher than ¥205,565,007.72 in the previous period[32] - Cash inflow from investment recoveries was ¥2,727,984,778.68, compared to ¥650,000,000.00 in the previous period[32] - Cash outflow for investment activities was ¥2,477,262,144.89, significantly higher than ¥307,755,945.00 in the previous period[32] Investment and Other Activities - The company increased prepayments for equity investments by CNY 735 million, impacting other assets[13] - Investment income was primarily derived from the disposal of certain financial products during the period[15] - The fair value changes of financial assets decreased compared to the same period last year due to market influences[16] - The increase in payable dividends was mainly due to the profit distribution plan for 2015[14] Future Outlook and Commitments - The company anticipates a substantial increase in cumulative net profit compared to the same period last year[20] - The company has committed to fulfilling its obligations as of the report date, with ongoing commitments from shareholders holding more than 5% of shares[19] - The company is actively addressing feedback from the China Securities Regulatory Commission regarding its non-public stock issuance[18] Return on Equity - The weighted average return on equity decreased by 1.59 percentage points to 9.20%[6]
建元信托(600816) - 2015 Q4 - 年度财报
2016-01-17 16:00
Financial Performance - The company's net profit attributable to shareholders for 2015 was CNY 1,722,148,466.81, representing a 68.26% increase compared to 2014[5]. - Total operating revenue for 2015 reached CNY 2,954,767,340.15, marking a 63.30% increase from the previous year[20]. - The net cash flow from operating activities was CNY 1,806,478,188.85, a significant increase of 933.86% compared to 2014[21]. - The company's net profit attributable to shareholders for 2015 was approximately RMB 1.82 billion, with quarterly profits of RMB 205.8 million, RMB 625.8 million, RMB 382.0 million, and RMB 508.6 million respectively[24]. - The company's investment income for 2015 was RMB 190.47 million, a substantial increase from RMB 15.11 million in 2014[35]. - The company achieved operating revenue of 2.95476 billion and a net profit attributable to the parent company of 1.7221485 billion for the reporting period[50]. - The company reported a net profit attributable to the parent company of CNY 1,023.53 million for the year 2014[88]. Assets and Capital Structure - The total assets of the company at the end of 2015 were CNY 9,158,951,229.91, which is a 210.06% increase from the end of 2014[21]. - The company's net assets attributable to shareholders increased to CNY 6,308,919,296.89, reflecting a 249.59% growth year-on-year[21]. - The total share capital at the end of 2015 was 1,769,889,828 shares, an increase of 289.75% compared to 2014[21]. - As of June 30, 2015, the company completed a non-public stock issuance, increasing capital by 254 million, resulting in a net asset increase of 3.104 billion[40]. - The company plans to raise up to 4.991 billion through a new round of non-public stock issuance, which has been approved by the board and shareholders[49]. Trust Business and Revenue - Trust business revenue, reflected in fees and commissions, amounted to RMB 2.33 billion in 2015, up from RMB 1.67 billion in 2014, indicating a growth rate of approximately 39.5%[37]. - The company managed a total of 314 trust projects with a trust asset scale of 235.91 billion, and completed the liquidation of 143 trust projects with a liquidation scale of 65.827 billion[53]. - The proportion of actively managed trust business accounted for 45% of the total trust asset scale, indicating a certain level of growth in trust scale[53]. Risk Management and Compliance - The company emphasized compliance and risk management, with a focus on thorough reviews and dynamic monitoring of projects to mitigate potential risks[57]. - The company has established a risk management framework to enhance internal controls and risk management practices, focusing on strict risk control from the source[85]. - The company will enhance its risk management and internal control systems to manage various risks, including credit, liquidity, market, and operational risks[77]. - The company has implemented a robust risk management system to ensure orderly business operations[169]. Corporate Governance - The company has established a comprehensive governance structure with a board of directors consisting of 8 members, including 3 independent directors[159]. - The company’s board of directors is responsible for internal control and decision-making, with a clear division of responsibilities among governance bodies[158]. - The company has a diverse management team with extensive experience in finance and investment, including previous roles in various financial institutions[144]. - The company is committed to ensuring continuity in its governance structure despite the delays in board elections[146]. Employee and Management Compensation - The total pre-tax remuneration for the current and departing directors, supervisors, and senior management during the reporting period amounted to CNY 22.43 million[142]. - The company implemented a market-oriented salary adjustment plan starting January 1, 2015, to enhance employee compensation[153]. - The total remuneration for all directors, supervisors, and senior management in 2015 amounted to 22.4286 million yuan[150]. Legal Matters - The company is involved in a significant lawsuit with China Cinda Asset Management Co., Ltd., where the Supreme Court has decided to review the case, halting the execution of the original judgment[102]. - The company is facing a lawsuit from Tianjin Dongfang Bochuang Investment Co., Ltd. for the repayment of RMB 247,333,333.33, which has resulted in the freezing of bank deposits amounting to RMB 35,500,000.00[103]. Internal Control and Audit - The internal control evaluation report was disclosed, confirming the effectiveness of the internal control system[167]. - The audit opinion confirms that the financial statements fairly present the company's financial position and results of operations for the year ended December 31, 2015[199]. - The audit was conducted in accordance with Chinese CPA auditing standards, ensuring compliance with ethical guidelines[196].
建元信托(600816) - 2015 Q3 - 季度财报
2015-10-27 16:00
Financial Performance - Revenue for the first nine months reached ¥1,921,398,044.85, representing a growth of 42.30% year-on-year[8] - Net profit attributable to shareholders was ¥1,171,955,825.73, an increase of 42.76% compared to the same period last year[8] - Basic earnings per share rose to ¥0.7582, reflecting a growth of 40.02%[9] - Operating income for the first nine months reached CNY 1,921,398,044.85, up 42.2% from CNY 1,350,264,892.02 in the same period last year[28] - Net profit for the first nine months was CNY 1,213,557,961.63, an increase of 47.8% compared to CNY 820,897,634.44 in the previous year[29] - Basic earnings per share rose to CNY 0.7582 from CNY 0.5415, reflecting a growth of 40.0%[29] Assets and Liabilities - Total assets increased to ¥6,759,620,037.97, up 128.83% from the previous year-end[8] - The total liabilities decreased to CNY 919,752,097.63 from CNY 1,149,306,762.37, a reduction of approximately 19.9%[24] - Shareholders' equity attributable to the listed company increased to ¥5,839,867,940.34, up 223.60% from the previous year-end[8] - The company’s capital reserve grew to CNY 1,827,099,329.00 from CNY 38,598,460.17, a substantial increase of 4,634.5%[24] Cash Flow - The company's net cash flow from operating activities was -¥688,580,336.75, a decline of 34.66% year-on-year[8] - Net cash flow from operating activities for the period was -688,580,336.75 RMB, compared to -511,333,321.41 RMB in the same period last year, indicating a decline of approximately 34.6%[32] - Total cash inflow from investment activities reached 4,812,034,066.49 RMB, significantly up from 1,481,950,973.14 RMB year-over-year, representing an increase of about 224.5%[32] - Cash outflow from investment activities was 6,030,882,352.90 RMB, compared to 1,061,978,836.19 RMB in the previous year, marking an increase of approximately 467.5%[32] - Net cash flow from financing activities was 2,786,404,074.23 RMB, a substantial improvement from -90,821,955.60 RMB in the same period last year[33] - The total cash and cash equivalents at the end of the period amounted to 1,256,425,202.25 RMB, up from 173,981,267.90 RMB year-over-year, reflecting a growth of approximately 620.5%[33] Investment and Shareholder Information - The company completed a private placement of 253,846,153 new shares, approved by the China Securities Regulatory Commission, enhancing its capital structure[14] - The total number of shareholders reached 39,559, with the largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holding 56.99% of the shares[12] - The company plans to increase its total share capital to 1,769,889,828 shares following the capital reserve conversion[16] Other Financial Metrics - The weighted average return on equity decreased by 29.41 percentage points to 36.53%[8] - Non-operating income included government subsidies amounting to ¥55,835,695.01 for the year-to-date[10] - The company reported a total of 41,602,135.90 in non-recurring gains and losses after tax adjustments[11] - The company reported a net interest income of CNY 170,328,592.59 for the first nine months, up 56.8% from CNY 108,697,661.58 year-on-year[28] - The company’s operating expenses for the first nine months were CNY 390,684,849.50, an increase of 53.0% from CNY 255,696,612.77 year-on-year[28] - Cash received from interest was 170,329,370.37 RMB, an increase from 108,697,661.58 RMB, showing a growth of about 56.7%[32] - Cash received from fees and commissions was 531,965,672.74 RMB, down from 749,538,151.49 RMB, indicating a decrease of approximately 29.1%[32] - Cash paid for taxes was 443,458,398.52 RMB, significantly higher than 187,737,017.71 RMB in the previous year, representing an increase of about 136%[32] - The company reported a significant increase in cash inflow from investment recoveries, totaling 4,797,746,149.42 RMB, compared to 1,480,000,000.00 RMB last year, reflecting a growth of approximately 224.5%[32]
建元信托(600816) - 2015 Q2 - 季度财报
2015-07-30 16:00
Financial Performance - The net profit attributable to the parent company for the first half of 2015 was CNY 831.61 million, representing a 51.63% increase compared to the same period last year[2]. - Operating income for the first half of 2015 reached CNY 1.34 billion, up 52.43% year-on-year[19]. - The net cash flow from operating activities improved significantly to CNY 285.22 million, a 156.62% increase from a negative cash flow in the previous year[19]. - The total assets of the company at the end of the reporting period were CNY 6.33 billion, reflecting a 114.26% increase compared to the end of the previous year[19]. - The net assets attributable to shareholders increased to CNY 5.51 billion, a 205.44% rise from the previous year-end[19]. - Basic earnings per share for the first half of 2015 were CNY 1.83, a 51.63% increase compared to CNY 1.21 in the same period last year[20]. - The weighted average return on net assets was 37.59%, down 10.56 percentage points from the previous year[20]. - The company achieved operating revenue of CNY 1,342,416,260.90, representing a 52.43% increase compared to the same period last year[29]. - The net profit attributable to the parent company was CNY 831,610,000, with total equity attributable to the parent company reaching CNY 5,512,140,000[26]. - The total comprehensive income for the first half of 2015 was CNY 921,098,668.43, compared to CNY 548,444,622.68 in the previous year, reflecting a growth of 67.7%[102]. Capital and Shareholder Information - The company plans to increase its total share capital from 707,955,931 shares to 1,769,889,828 shares through a capital reserve conversion plan[2]. - The company completed the registration of the new shares on July 2, 2015, with the relevant procedures finalized by July 3, 2015[74]. - The total number of shares after the recent issuance is 707,955,931, with a proportion of 100%[76]. - The number of unrestricted circulating shares increased by 260,000, bringing the total to 454,109,778, which represents 100% of the total shares[72]. - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holds 403,516,825 shares, accounting for 57.00% of the total shares[83]. - The top ten shareholders collectively hold 444,089,977 shares, representing 62.73% of the total shares[84]. - The limited shares held by major shareholders include 253,846,153 shares that will be released from restrictions by July 2018[78]. Operational Management and Strategy - The company plans to continue enhancing operational management, including market expansion and business innovation efficiency[27]. - The company is focused on optimizing its business structure and enhancing its core competitiveness through innovation and active management[26]. - The company has a loyal customer base, which has been cultivated over years, enhancing its market marketing capabilities[42]. - The company is one of only two listed companies in the industry, providing it with significant market influence and capital market advantages[44]. - The company has maintained a strong proactive management capability, optimizing its business structure and enhancing its financial planning management[41]. Audit and Compliance - The company received a standard unqualified audit report from Lixin Certified Public Accountants[3]. - The company has confirmed compliance with corporate governance requirements as per the Company Law and relevant regulations[70]. - The audit report confirmed that the financial statements fairly reflect the company's financial position as of June 30, 2015[94]. - There were no significant changes in the company's stock incentive plans for directors and senior management during the reporting period[88]. - The company has not faced any penalties or corrective actions from regulatory bodies[70]. Investment and Cash Flow - The company completed a non-public offering of shares, raising a total of CNY 3,122,307,681.90, with a net amount of CNY 3,104,280,918.83 after deducting issuance costs[32]. - The company raised CNY 3,107,307,681.90 through financing activities, with a net cash flow from financing activities of CNY 2,789,430,837.30[106]. - The company’s investment activities generated a net cash outflow of CNY -98,294,402.98, a decrease of 128.51% compared to the previous year[30]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of CNY 285,222,736.11 compared to a negative cash flow of CNY -503,734,732.23 in the same period last year[106]. Assets and Liabilities - The company's total liabilities decreased to CNY 816,995,066.93 from CNY 1,149,306,762.37, a reduction of 28.9%[99]. - Shareholders' equity increased significantly to CNY 5,512,140,078.00 from CNY 1,804,637,335.34, representing a growth of 205.5%[99]. - The total balance of fixed assets at the end of the period is CNY 17,944,732.45, reflecting an increase from CNY 17,320,040.45 at the beginning of the year[193]. - The total balance of intangible assets at the end of the period is CNY 5,603,590.06, slightly down from CNY 5,608,676.59 at the beginning of the year[198]. - The company has a total of CNY 2,086,133.75 in construction in progress at the end of the period, up from CNY 647,000.00 at the beginning of the year[196]. Regulatory and Legal Matters - The company has received a final civil judgment from the Supreme Court, which includes a ruling that imposes joint liability for certain debts[54]. - The company is obligated to provide annual subsidies of 10 million yuan for the first ten years and 12 million yuan for the subsequent ten years to the Anshan Finance Bureau, as part of a historical agreement[69]. - The company has commitments to avoid conflicts of interest with its major shareholder, ensuring no competitive business activities with its main operations[69]. Accounting Policies and Financial Reporting - There are no significant changes in accounting policies or estimates that would impact the financial statements[70]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy of its financial reporting[116]. - The corporate income tax rate applicable to the company is 25%[174]. - The company has a deferred tax asset recognized for deductible temporary differences, limited to the amount of future taxable income expected to be available[165].
建元信托(600816) - 2015 Q1 - 季度财报
2015-04-09 16:00
Financial Performance - Operating revenue rose by 2.90% to CNY 436,096,596.73 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 17.90% to CNY 205,848,067.97 year-on-year[6] - Basic and diluted earnings per share fell by 17.90% to CNY 0.4533[6] - The company's net profit for Q1 2015 was CNY 205,848,067.97, a decrease of 17.8% compared to CNY 250,715,307.21 in the same period last year[18] - The company's operating revenue for Q1 2015 was CNY 436,096,596.73, a slight increase from CNY 423,786,864.57 in the previous year[18] Assets and Liabilities - Total assets decreased by 7.04% to CNY 2,746,122,820.86 compared to the end of the previous year[6] - The company's liabilities decreased significantly by 35.9% to CNY 735,637,417.55 from CNY 1,149,306,762.37[15] - The cash and deposits with the central bank decreased to CNY 7,162.85 from CNY 18,230.66, indicating a liquidity reduction[14] - The company's total equity rose to CNY 2,010,485,403.31 from CNY 1,804,637,335.34, an increase of 11.4%[15] Shareholder Information - The total number of shareholders reached 48,824 at the end of the reporting period[10] - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., holds 32.96% of the shares[10] Cash Flow - The net cash flow from operating activities improved by 18.58% to -CNY 576,964,563.44 compared to the previous year[6] - Cash inflow from operating activities totaled 205,565,007.72 RMB, compared to 185,981,482.00 RMB in the previous period, reflecting a year-over-year increase of approximately 10.5%[20] - Cash outflow from operating activities decreased to 782,529,571.16 RMB from 894,626,203.93 RMB, showing a reduction of about 12.5%[20] - Cash flow from investment activities generated a net inflow of 343,891,937.53 RMB, down from 478,701,758.00 RMB in the previous period[20] - The cash and cash equivalents at the end of the period stood at 144,377,125.27 RMB, up from 126,221,444.03 RMB, marking an increase of about 14.5%[21] Expenses - Business and management expenses surged by 110.3% to CNY 137,075,179.22 from CNY 65,187,146.02, primarily due to the provision for trust business reserves[18] - Employee compensation payments increased to 104,509,098.42 RMB from 90,420,891.32 RMB, representing an increase of approximately 15.6%[20] Interest Income - Interest income increased by 41.8% to CNY 43,564,570.67 from CNY 30,719,759.83 due to an increase in loan scale[18] - Interest income received amounted to 43,564,570.67 RMB, compared to 30,719,759.83 RMB in the previous period, indicating a significant increase of approximately 42%[20] Other Financial Metrics - The weighted average return on equity decreased by 14.53 percentage points to 10.79%[6] - The provision for expected liabilities increased by 43.2% to CNY 155,742,406.11 from CNY 108,742,406.11[15] - The net increase in cash and cash equivalents was -233,072,625.91 RMB, slightly worse than -229,942,963.93 RMB in the previous period[21] - The total cash received from fees and commissions was 162,000,437.05 RMB, up from 155,261,722.17 RMB, reflecting a growth of about 4.5%[20]