深圳市深宝实业股份有限公司 2015 年第一季度报告正文 证券代码：000019、200019 证券简称：深深宝Ａ、深深宝Ｂ 公告编号：2015-17 深圳市深宝实业股份有限公司 2015 年第一季度报告正文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司董事长郑煜曦先生、总经理颜泽松先生、财务总监王志萍女士及财务管理部经理徐 启明先生声明：保证季度报告中财务报表的真实、准确、完整。 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 √ 是 □ 否 | | 本报告期 | 上年同期 | | 本报告期比上 年同期增减 | | --- | --- | --- | --- | --- | | | | 调整前 | 调整后 | 调整后 | | 营业收入（元） | 59,619,056.32 | 62,268,415.99 | 62,268,415.99 | -4.25% ...

Financial Performance - Operating revenue for the reporting period was CNY 71,017,664.88, a decrease of 41.00% year-on-year [6]. - Net profit attributable to shareholders was a loss of CNY 10,488,998.63, representing a decline of 117.44% compared to the same period last year [6]. - The basic earnings per share for the reporting period was -CNY 0.0348, down 114.51% year-on-year [6]. - The weighted average return on net assets was -1.10%, a decrease of 7.15% compared to the previous year [6]. - The company reported a net cash flow from operating activities of -CNY 61,815,272.71, a decline of 165.92% year-on-year [6]. - Non-operating income for the year-to-date was CNY 8,123,064.23, primarily from government subsidies and asset disposals [7]. - The company anticipates significant changes in net profit compared to the previous year, indicating potential losses [18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,783 [9]. - The largest shareholder, Shenzhen Agricultural Products Co., Ltd., held 19.09% of the shares, totaling 57,474,117 shares [9]. Asset and Liability Changes - Total assets at the end of the reporting period decreased by 4.21% to CNY 1,079,398,869.99 compared to the end of the previous year [6]. - Accounts receivable decreased by 43.49% to 60,272,922.61 RMB due to the recovery of payments [16]. - Inventory increased by 38.51% to 152,426,011.55 RMB as a result of increased raw material purchases [16]. - The total assets of the "翡翠公寓" project amounted to -209,807,429.56 RMB as of December 31, 2013 [15]. Investment and Income Changes - Investment income dropped by 95.82% to 2,853,055.86 RMB as there were no gains from equity transfers in the current period [16]. - The fair value change income was reported at 1,323,596.43 RMB, reflecting market value increases [16]. Expense Changes - The company reported a 52.71% decrease in employee compensation payable, totaling 4,517,799.89 RMB, due to performance payments made [16]. - Management expenses increased by 32.16% to 54,365,606.66 RMB due to rising personnel and consulting costs [16]. Accounting Changes - The company has undergone changes in accounting standards affecting the reporting of long-term equity investments, impacting the consolidated financial statements [12]. Other Transactions - The company sold residual fractional shares for a net income of 3,988.15 RMB in September 2014 [17].

Financial Performance - The company's operating revenue for the reporting period was ¥118,250,169.14, a decrease of 48.53% compared to ¥229,743,390.32 in the same period last year[20]. - The net profit attributable to shareholders was -¥23,382,126.99, representing a decline of 293.97% from -¥5,934,967.21 in the previous year[20]. - The basic and diluted earnings per share were both -¥0.0777, a decrease of 227.85% from -¥0.0237 in the same period last year[20]. - The weighted average return on net assets was -2.47%, a decline of 298.39% compared to -0.62% in the previous year[20]. - Operating profit was CNY -25.94 million, down 243.35% year-on-year[29]. - The net loss for the period was CNY 24,563,498.28, compared to a net loss of CNY 4,475,950.20 in the previous year, representing a significant increase in losses[101]. Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥16,786,120.54, a significant increase of 241.68% compared to -¥11,847,579.84 in the same period last year[20]. - The company’s cash and cash equivalents increased by 232.94% to CNY 84.16 million, driven by pre-sale funds and equity transfer proceeds[32]. - The total cash inflow from operating activities was 122,788,550.43, significantly higher than 44,671,525.75 in the previous period[109]. - The ending balance of cash and cash equivalents was 135,742,209.47, up from 105,859,108.94 in the previous period[109]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,402,346,193.23, reflecting a growth of 4.92% from ¥1,336,638,587.42 at the end of the previous year[20]. - The total liabilities rose to RMB 450,026,540.95 from RMB 324,953,894.24, indicating an increase of approximately 38.5%[96]. - The company's total equity decreased to RMB 952,319,652.28 from RMB 1,011,684,693.18, a decline of about 5.8%[96]. - The inventory balance at the end of the period was RMB 350,124,924.06, up from RMB 305,574,845.40, marking an increase of approximately 14.6%[95]. Investment and Projects - The company implemented a multi-brand strategy, promoting brands such as "聚芳永" and "iTealife福海堂" to enhance market presence and online sales[28]. - The investment in the tea industry chain project has reached 60.00% completion, with RMB 16,200.43 million cumulatively invested[45]. - The company has adjusted the use of RMB 15,500 million originally allocated for the production of catechin to invest in a high-end tea brand development project[41]. - The company has decided to cancel the "300 tons of catechin comprehensive utilization project" to mitigate investment risks and protect shareholder interests[47]. Shareholder Engagement and Governance - The company engaged in multiple communications with shareholders regarding its business operations and development status throughout the first half of 2014[59]. - Shareholders inquired about the company's tea industry development and overall business performance during various interactions[60]. - The company confirmed that its governance practices align with the requirements of the Company Law and relevant regulations from the China Securities Regulatory Commission[64]. Accounting Policies and Compliance - The report indicates that there were no changes in accounting policies or significant errors that required restatement of previous financial data[20]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements reflect the true financial condition and operating results[133]. - The company includes all subsidiaries in the consolidated financial statements based on control, ensuring consistent accounting policies and periods across all entities[143]. Risk Management - The company has enhanced its internal control systems to improve risk management capabilities[29]. - The company emphasizes the importance of investors being aware of investment risks related to forward-looking statements in the report[6].

Financial Performance - Revenue for Q1 2014 was CNY 62,268,415.99, a decrease of 41.39% compared to CNY 106,245,837.65 in the same period last year[8] - Net profit attributable to shareholders was CNY -6,129,624.36, representing a decline of 652.57% from CNY 1,109,287.20 year-on-year[8] - Operating revenue for Q1 2014 was CNY 62.27 million, a decrease of 41.39% compared to CNY 106.25 million in Q1 2013[15] - Operating costs decreased by 43.25% to CNY 50.15 million from CNY 88.36 million year-on-year[15] - Management expenses increased by 42.82% to CNY 16.09 million, attributed to increased marketing and brand promotion costs for the premium tea business[15] - Investment income surged by 42555.18% to CNY 2.85 million, primarily due to the transfer of equity in the subsidiary Zhejiang Shenshen Baohua Tea Co., Ltd.[15] - Financial expenses decreased significantly by 93.37% to CNY -1.01 million, mainly due to increased interest income[15] - The company anticipates potential losses or significant changes in net profit for the first half of 2014 compared to the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,304,095,394.97, down 2.43% from CNY 1,336,638,587.42 at the end of the previous year[8] - The company reported a significant decrease in accounts receivable, down 42.06% to CNY 61,805,331.07 from CNY 106,664,101.14[14] - Prepayments decreased by 46.21% to CNY 10,551,637.02, primarily due to received goods[14] - Other receivables increased by 72.66% to CNY 38,854,383.08, mainly due to unpaid transfer payments from a subsidiary[14] - Other current assets rose by 96.34% to CNY 5.57 million, mainly due to increased input VAT[15] - Prepayments increased by 115.11% to CNY 32.74 million, primarily from the sale of Jade Apartment units[15] - Minority interests decreased by 63.41% to CNY 18.72 million, resulting from the transfer of the subsidiary's equity[15] Shareholder Information - The number of shareholders at the end of the reporting period was 19,594[10] - The largest shareholder, Shenzhen Agricultural Products Co., Ltd., held 19.09% of the shares, totaling 47,895,097 shares[10] - The company engaged in multiple communications with shareholders regarding its business development and performance in the tea industry[25] - There were inquiries about the company's restructuring plans during shareholder communications[25] - The company received requests for research visits from institutional investors, indicating interest in its operations[25] Equity Transactions - The company transferred 51.72% equity of Zhejiang Shenshen Baohua Tea Co., Ltd. for CNY 34.5 million, impacting revenue and ownership structure[16] Return on Equity - The weighted average return on equity was -0.64%, a decrease of 0.75 percentage points from 0.11% in the previous year[8]

Financial Performance - The company's operating revenue for 2013 was ¥438,318,662.25, representing a 41.03% increase compared to ¥310,790,324.70 in 2012[22] - The net profit attributable to shareholders for 2013 was ¥43,662,208.27, a decrease of 41.42% from ¥74,529,471.28 in 2012[22] - The operating profit for 2013 was CNY 42,008,350.29, down 43.27% from CNY 74,051,626.99 in 2012[33] - The company's total assets increased by 9.29% to CNY 1,336,638,587.42 at the end of 2013, compared to CNY 1,222,994,595.75 at the end of 2012[28] - The net assets attributable to shareholders decreased by 0.38% to CNY 960,517,069.55 at the end of 2013 from CNY 964,216,674.18 at the end of 2012[28] - The company achieved a net cash flow from operating activities of CNY -11,917,839.62, an improvement of 75.39% compared to CNY -48,434,558.23 in 2012[33] - The basic and diluted earnings per share for 2013 were CNY 0.174, down 41.41% from CNY 0.297 in 2012[33] - The company reported a net profit margin of 10% for the year 2013, with a total revenue of 9.56 billion yuan[123] Dividend and Share Capital - The total share capital as of December 31, 2013, was 250,900,154 shares, with a proposed capital reserve distribution of 2 shares for every 10 shares held[6] - The company did not distribute cash dividends or bonus shares for the year[6] - For the 2013 fiscal year, the company did not propose any cash dividends, instead planning to increase capital stock by 2 shares for every 10 shares held[102] - The company's net profit for 2013 was 43,662,208.27 RMB, with no cash dividends distributed, resulting in a 0% payout ratio[104] - The company plans to distribute profits by converting 10 shares into 2 additional shares based on a total share capital of 250,900,154 shares as of December 31, 2013, without cash dividends or bonus shares[110] Market and Competitive Environment - The company faces significant risks including adverse impacts from national policies and economic conditions affecting the fast-moving consumer goods market[12] - Rising costs of raw materials and labor are expected to pressure profit margins[12] - The company anticipates a challenging market environment with intense competition, necessitating substantial investment in human, material, and financial resources[75] - The tea industry is experiencing intensified competition, with a shift towards brand, packaging, and service quality competition[90] - The company is facing challenges in maintaining its competitive advantage in the flavor industry, which may impact future profitability[22] Strategic Initiatives - The company plans to enhance its market share in the premium tea business and has initiated a new organizational structure to support this strategy[30] - The ERP system was officially launched in the second half of 2013, improving the company's information management capabilities[35] - The company is actively pursuing brand integration and has completed new logo designs and brand culture development for its products[36] - The company aims to enhance its core competitiveness through continuous innovation in products and processes[66] - The company plans to invest CNY 200 million in the "tea industry chain comprehensive investment project," with a completion deadline of September 30, 2015[73] Research and Development - The company completed over 60 research and development projects during the reporting period, with R&D expenditures totaling CNY 13.64 million, accounting for 3.11% of operating revenue[56] - The company is investing in technology development, with a budget of 50 million allocated for R&D in the upcoming fiscal year[83] - Research and development expenses increased by 6%, focusing on innovative technologies and product enhancements[134] Corporate Governance and Compliance - The company has established a standardized corporate governance structure and is focused on improving management levels and innovation capabilities[112] - The company is committed to adhering to regulatory requirements and maintaining high standards of corporate governance[128] - The independent directors actively participated in board meetings and provided professional opinions on significant matters, ensuring compliance with regulations[184] - The company has established measures to mitigate risks associated with reliance on related parties, ensuring operational stability[124] Shareholder Engagement - The company emphasizes fair treatment of all investors, particularly small shareholders, and will provide opportunities for them to express their opinions at the annual general meeting[111] - The company has engaged in various communication activities with shareholders to discuss future development and operational status throughout 2013[116] - The annual shareholders' meeting approved all proposed resolutions, including the 2012 financial report and profit distribution plan[178] Operational Challenges - The company has ongoing projects with long construction cycles, which may not yield immediate benefits[12] - The company is currently in a strategic transformation phase, requiring retained earnings for operational and investment needs[106] - The company is focusing on cost control and optimizing raw material procurement to improve profitability amid rising production costs[97] Future Outlook - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter[82] - The company anticipates a positive outlook for the next fiscal year, projecting a revenue growth of approximately 15%[123] - New product launches are expected to contribute an additional 200 million in revenue over the next year[82] Employee Management - The company has established a training program to enhance employee skills and promote a learning organization[173] - The total annual pre-tax remuneration for the current directors, supervisors, and senior management is 4.716 million RMB[164] - The company has implemented a performance-based salary system for employees, with bonuses tied to individual performance and company results[172]