中国全聚德(集团)股份有限公司 2015 年第一季度报告正文 证券代码：002186 证券简称：全 聚 德 公告编号：2015-22 中国全聚德(集团)股份有限公司 2015 年第一季度报告正文 2015 年 04 月 1 中国全聚德(集团)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。 公司负责人王志强、主管会计工作负责人邢颖、总会计师徐佳及会计机构 负责人(会计主管人员)张金生声明：保证季度报告中财务报表的真实、准确、完 整。 2 中国全聚德(集团)股份有限公司 2015 年第一季度报告正文 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 | | | --- | --- | --- | --- | --- | | 营业收入（元） | 445 ...

Financial Performance - In 2014, the company's operating revenue was CNY 1,846,023,899.60, a decrease of 2.96% compared to 2013[19]. - The net profit attributable to shareholders was CNY 125,512,222.03, an increase of 14.04% year-on-year[19]. - The basic earnings per share rose to CNY 0.4243, reflecting a 9.13% increase from the previous year[19]. - The total assets at the end of 2014 reached CNY 1,724,359,090.02, marking a 22.85% increase from the end of 2013[19]. - The company received government subsidies amounting to CNY 2,565,595.80 in 2014, down from CNY 3,286,381.47 in 2013[22]. - The number of guests served was 7,046,100, a decline of 3.55% compared to the previous year[26]. - The net cash flow from operating activities was CNY 179,898,798.69, a decrease of 12.55% from 2013[26]. - The gross profit margin for restaurant services improved to 63.74%, up from 62.11% in 2013[26]. - In 2014, the company's total revenue was approximately CNY 1.81 billion, a decrease of 2.92% compared to 2013[30]. - The company's restaurant gross margin improved by 1.63 percentage points year-on-year, resulting in an increase of over CNY 20 million in efficiency[30]. Dividend Policy - The company plans to distribute a cash dividend of 2.02 RMB per 10 shares to all shareholders based on a total share capital of 308,463,955 shares as of December 31, 2014[4]. - The cash dividend payout ratio for 2014 was 49.64% of the net profit attributable to shareholders, which was 125,512,222.03 CNY[82]. - The company distributed a cash dividend of 2.20 CNY per 10 shares in 2013, amounting to 62,286,400.00 CNY, with a payout ratio of 56.59%[82]. - In 2012, the cash dividend was 5.00 CNY per 10 shares, totaling 70,780,000.00 CNY, with a payout ratio of 46.55%[82]. - The company's available distributable profit for 2014 was 360,064,920.77 CNY, after accounting for a surplus of 36,006.49 CNY in undistributed profits[83]. - The company did not propose any stock bonus or capital increase through capital reserves for 2014[83]. - The company emphasized the importance of cash dividends in balancing shareholder returns and funding needs for strategic transformation[83]. Market Development and Strategy - In 2015, the company will focus on developing the Quanjude brand, investing heavily in opening direct stores and franchise locations, which carries certain investment risks[10]. - The restaurant market is gradually recovering, with consumer spending becoming mainstream, indicating a shift towards sustainable development in high-end dining and strong demand in casual dining[10]. - The company is enhancing its market development manual and franchise guidelines to establish clearer profit models for chain development, particularly for overseas markets[10]. - The company plans to control new store sizes to around 2,000 square meters, shifting towards smaller and more refined dining experiences[58]. - The company aims to enhance its food industry by developing leisure and table foods, with a focus on e-commerce channels to create a new integrated market operation system[71]. - The company will implement a "50+50" menu strategy, adjusting dish prices based on evaluations to meet modern demands for refined and aesthetically pleasing dishes[70]. Food Safety and Compliance - The company emphasizes strict adherence to food safety protocols, particularly in light of the H7N9 avian influenza outbreaks, ensuring traceability of raw materials[10]. - The company has been focusing on food safety and environmental management, modifying 25 system documents to improve compliance[85]. - The company conducted 137 safety inspections and 121 emergency drills during the reporting period to ensure operational safety[85]. - The company strictly adhered to the regulations regarding insider information, ensuring no insider trading incidents were reported during the reporting period[161]. - The company has implemented a strict insider information management system to control the disclosure and usage of sensitive information[161]. Corporate Governance - The company has a commitment to ensuring the accuracy and completeness of its financial reports, with key management personnel affirming this responsibility[3]. - The company has established a transparent profit distribution policy to enhance shareholder returns, with a focus on cash dividends[78]. - The company has reduced its consolidated financial statement scope by one subsidiary due to liquidation, now including 22 subsidiaries[77]. - The board of directors and supervisory board operate independently, ensuring no interference from the controlling shareholder in decision-making[158]. - The company maintains complete independence from its controlling shareholder, with independent operations in business, personnel, assets, and finance[177]. - The company has established a comprehensive internal control system, ensuring compliance and effective management across all business levels[182]. - The audit committee confirmed that the financial statements accurately reflected the company's financial position as of December 31, 2013, and its operating results for the year[174]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,983, with a notable increase in the number of shareholders holding more than 5% of shares[123]. - The company experienced a decrease of 6.4 million shares held by Beijing Runkai Investment Co., Ltd., which now holds 10 million shares, representing a 3.24% stake[123]. - The company’s limited sale condition shares increased from 2,522,278 to 28,184,460, representing 9.14% of total shares[116]. - The total number of unrestricted shares decreased by 318,232, resulting in 280,279,400 unrestricted shares, which is 90.86% of total shares[116]. - The company’s stock issuance price was set at 13.81 RMB per share during the private placement[120]. Employee and Management Information - As of December 31, 2014, the total number of employees was 5,336, with chefs making up 31.62% and service staff 32.12% of the workforce[151]. - The educational background of employees shows that 77.81% have a vocational education or below, while only 1.71% hold a postgraduate degree[152]. - The company implemented a position-based skill structure salary system, linking salary levels to job positions and performance contributions[154]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 4.1232 million[147]. - The company has a structured approach to compensation, ensuring it aligns with operational performance and individual contributions[145].

Financial Performance - Operating revenue decreased by 4.88% to CNY 522,608,747.08 for the current period[7] - Net profit attributable to shareholders increased by 1.68% to CNY 56,488,578.16 for the current period[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 3.07% to CNY 57,174,168.25[7] - Basic earnings per share decreased by 4.03% to CNY 0.1883[7] - The weighted average return on net assets was 5.99%, a decrease of 0.36% compared to the previous year[7] - The company expects a net profit attributable to shareholders for 2014 to be between 93.5542 million yuan and 126.5733 million yuan, representing a change of -15.00% to 15.00% compared to 110.0638 million yuan in 2013[21] Assets and Liabilities - Total assets increased by 26.68% to CNY 1,778,085,058.93 compared to the end of the previous year[7] - Net assets attributable to shareholders increased by 43.46% to CNY 1,309,215,789.74[7] - Non-current liabilities due within one year decreased by 22 million yuan year-on-year, as the company repaid 22 million yuan of loans to the China Development Bank[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,029[11] - The largest shareholder, Beijing Capital Tourism Group, holds 42.67% of the shares[11] Cash Flow and Financial Management - The company reported a net cash flow from operating activities of CNY 195,579,428.46, a decrease of 24.01% compared to the previous year[7] - Cash and cash equivalents increased by 154.73% year-on-year, primarily due to the company receiving 338 million yuan from a targeted private placement[16] - Financial expenses decreased by 32.14%, as the company repaid a total of 82 million yuan in loans from January to September, resulting in a zero balance for both long-term and short-term borrowings[16] - Net cash flow from investment activities increased by 86.75% year-on-year, attributed to the absence of large investment activities in the current period compared to the previous year[16] Capital Changes - Capital reserve increased by 133.94% year-on-year, mainly due to the non-public issuance of 25.344 million shares, raising a net amount of 338 million yuan[16] - The company has completed the registration of capital changes, increasing its registered capital from 283.12 million yuan to 308.463955 million yuan[18]

Financial Performance - The company achieved operating revenue of 872,064,243.82 yuan, an increase of 2.58% compared to the same period last year[20]. - The net profit attributable to shareholders was 64,156,545.02 yuan, reflecting a growth of 4.18% year-on-year[20]. - The number of guests received reached 3.3611 million, representing a 2.02% increase compared to the previous year[26]. - The company reported a profit before tax of 88,832,600 yuan, which is a 4.57% increase from the same period last year[26]. - The company's basic earnings per share rose to 0.2266 yuan, up 4.18% from the previous year[20]. - The weighted average return on net assets was 6.87%, an increase of 0.23% compared to the previous year[20]. - The revenue from the restaurant segment reached ¥652.11 million, with a year-on-year increase of 0.38%[35]. - The revenue from product sales was ¥199.09 million, showing a significant year-on-year growth of 16.45%[35]. - The total revenue from Beijing was ¥934.59 million, with a year-on-year increase of 2.50%[35]. - The revenue from Shanghai reached ¥11.09 million, reflecting a year-on-year growth of 15.12%[35]. - The company achieved a total revenue of ¥858.5 million from specialty packaged foods during the Spring Festival, marking a 9.4% increase year-on-year[33]. Cash Flow and Financing - The net cash flow from operating activities decreased by 23.32% to 97,563,000.70 yuan[20]. - The company achieved a significant increase in net cash flow from financing activities, rising by 402.12% to ¥287,554,538.57 from -¥95,178,065.61 in the previous year[29]. - The company successfully completed a non-public stock issuance, raising a total of ¥350 million, which will be used for various construction projects[32]. - Cash flow from operating activities generated a net amount of ¥97,563,000.70, down from ¥127,230,336.49 in the previous period[88]. - Cash inflow from financing activities amounted to CNY 387,900,018.55, with a net cash flow of CNY 298,622,506.06, compared to a net outflow of CNY 83,026,400.00 in the previous period[93]. Assets and Liabilities - Total assets at the end of the reporting period were 1,750,979,934.80 yuan, a 24.75% increase from the end of the previous year[20]. - Total current assets increased from CNY 422,711,519.20 to CNY 785,863,755.01, representing an increase of approximately 85.8%[73]. - Total liabilities increased from CNY 395,154,798.11 to CNY 747,660,428.28, reflecting an increase of about 89.2%[75]. - The company's inventory decreased from CNY 75,296,660.58 to CNY 63,740,556.16, a reduction of approximately 15.3%[73]. - The company reported a significant increase in other payables from CNY 131,006,136.75 to CNY 494,129,901.83, an increase of approximately 276.5%[75]. Shareholder Information - The total number of shares outstanding is 283,120,000, with 98.93% being unrestricted shares[57]. - The largest shareholder, Beijing Capital Tourism Group Co., Ltd., holds 46.48% of the shares, totaling 131,606,774 shares[61]. - The company completed a cash dividend distribution of 2.2 RMB per 10 shares on May 30, 2014, based on a total share capital of 283,120,000 shares[41]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[43]. Governance and Compliance - The company operates under a structured governance framework, including a shareholders' meeting, a board of directors, and an executive committee responsible for major operational decisions[110]. - The financial statements are prepared in accordance with the accounting standards set by the Ministry of Finance, ensuring compliance and transparency in financial reporting[112]. - The company adheres to the accrual basis of accounting, reflecting a commitment to accurate financial representation[113]. Operational Strategies - The company plans to focus on expanding the banquet market under the brand strategy of "Banquet, Go to Quanjude"[26]. - The company is focusing on brand enhancement, product categories, and sales channels to strengthen its food industry[33]. - The company has launched a unified menu system, with the first batch of the "50+50" menu officially starting on June 10[31]. - The company has expanded its brand marketing efforts, reaching an audience of 352 million through various advertising channels[30]. Employee and Salary Information - The number of employees' salaries payable decreased by 36.41% to ¥28,104,445.56 from ¥44,195,427.38 due to the distribution of year-end bonuses[29]. Financial Health and Future Outlook - The overall financial health of the company shows a positive trend with an increase in total equity and net profit despite challenges in retained earnings[105]. - The company has maintained a stable financial position with no new capital injections from owners during this period[105]. - The company’s financial strategies remain focused on maintaining existing operations without significant changes in investment or capital allocation[106].

Financial Performance - The company's operating revenue for Q1 2014 was CNY 441,759,111.60, a decrease of 1.58% compared to CNY 448,846,325.61 in the same period last year[8] - Net profit attributable to shareholders was CNY 30,888,281.53, down 17.54% from CNY 37,460,644.64 year-on-year[8] - The net cash flow from operating activities decreased by 45.52% to CNY 19,873,155.27, compared to CNY 36,477,942.61 in the previous year[8] - Basic earnings per share fell to CNY 0.1091, a decline of 17.54% from CNY 0.1323 in the same period last year[8] - Total assets at the end of the reporting period were CNY 1,375,748,443.16, a decrease of 1.99% from CNY 1,403,640,817.38 at the end of the previous year[8] - Investment income for the period was CNY 3,145,300, a decrease of 32.04% compared to the previous year due to reduced profits from associated companies[17] - The weighted average return on net assets was 3.33%, down from 4.2% in the same period last year[8] Shareholder Information - The number of shareholders at the end of the reporting period was 20,554[11] - The largest shareholder, Beijing Capital Tourism Group, holds 46.48% of the shares, totaling 131,606,774 shares[12] Future Expectations - The net profit attributable to shareholders for the first half of 2014 is expected to range from 52.34 million to 70.82 million CNY, reflecting a change of -15% to 15% compared to the same period in 2013[23] - The net profit for the first half of 2013 was 61.58 million CNY, indicating a potential recovery in performance through strategic adjustments and transformation[23] - The company anticipates that operational stability will improve, mitigating the impact of market factors[23] Corporate Commitments - There are no commitments or promises made by major shareholders or the company that are currently unfulfilled[20] - The company has made commitments related to avoiding competition and related transactions as part of its initial public offering and refinancing efforts[20] Acquisition Plans - The company plans to acquire a 15% stake in Xinjiang Quanjude from Junbang Company, with the acquisition process ongoing as of April 29, 2014[18]

Financial Performance - In 2013, the company achieved operating revenue of CNY 1,902,362,622.43, a decrease of 2.13% compared to the previous year[31]. - The net profit attributable to shareholders was CNY 110,063,761.53, down 27.62% year-on-year[31]. - The net profit after deducting non-recurring gains and losses was CNY 121,231,991.61, a decline of 17.88% from the previous year[31]. - The company's restaurant revenue for 2013 was ¥1,415,058,331.45, a decrease of 5.64% compared to ¥1,499,590,480.93 in 2012[39]. - The total sales revenue, including product sales, was ¥1,860,520,026.50, down 2.39% from ¥1,906,162,399.23 in the previous year[39]. - The average number of guests served was 7.3055 million, a decrease of 3.44% compared to the previous year[31]. - The company's cash flow from operating activities was CNY 205,720,788.05, down 24.55% year-on-year[33]. - The gross profit margin for restaurant operations was 62.11%, a slight decrease from 63.12% in 2012[33]. - The merchandise sales revenue reached approximately ¥445.46 million, an increase of 9.57% year-over-year, with a gross margin of 34.98%[50]. - The total revenue for Beijing Quanjude Changzhou Store is ¥8,733,012.3, with a net profit loss of ¥1,464,860.80[67]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2.20 per 10 shares to all shareholders based on the total share capital as of December 31, 2013[6]. - In 2013, the company proposed a cash dividend of 2.2 CNY per 10 shares, totaling 62,286,400 CNY, which represents 56.59% of the net profit attributable to shareholders[86]. - The company's net profit for 2013 was 110,063,761.53 CNY, with a total distributable profit of 308,852,400 CNY after accounting for reserves[88]. - The cash dividend payout ratio for 2012 was 46.55%, with a total cash dividend of 70,780,000 CNY[86]. - The remaining undistributed profit after the 2013 dividend payout is 24,656.60 CNY, indicating a healthy retained earnings position[90]. - The company has maintained a consistent cash dividend policy over the past three years, with clear standards and procedures in place[84]. Market Expansion and Strategy - The company is in the process of a non-public offering of A-shares, with a maximum of 24,946,545 shares to be issued, aiming to raise up to RMB 350 million[13]. - The company continues to expand its market presence, with multiple restaurant locations across various cities in China[10]. - The company plans to raise CNY 350 million through a non-public offering of A-shares to enhance its brand strategy and market expansion efforts[35]. - The company aims to open 6-8 new Quanjude brand stores in 2014, focusing on family, friends, and business dining markets[76]. - The company is actively expanding its market presence through various subsidiaries, with a focus on enhancing operational efficiency in the restaurant sector[67]. Operational Challenges and Risks - The company faces risks related to food safety, rising costs, and changes in the market environment, which could impact its mid-to-high-end dining services[13]. - The company emphasizes the importance of managing operational costs, including labor, rent, and ingredient prices, to maintain profitability[13]. - The restaurant industry in China has experienced a slowdown in growth since early 2012, with rising operational costs leading to reduced profits[74]. - The company anticipates significant changes in the restaurant market and emphasizes the need for industry transformation and upgrading for sustainable development[74]. Food Safety and Quality Control - The company reported a significant focus on quality control to mitigate food safety risks, which are increasingly scrutinized by the public[13]. - The average monthly compliance rate for food safety testing was 97.6%, with 2.4% of samples failing to meet standards[39]. - The company emphasizes the importance of food safety, particularly in light of the H7N9 avian flu outbreak, and is committed to providing safe food to consumers[79]. Financial Management and Internal Controls - The company’s financial report has been verified for accuracy and completeness by its management team, ensuring reliability in its disclosures[5]. - The company has established a comprehensive internal control system that complies with relevant laws and regulations, enhancing governance standards[177]. - The board of directors confirmed that there were no significant deficiencies in internal control over financial reporting during the reporting period[179]. - The company has a dedicated internal audit team to oversee financial operations and compliance, ensuring effective risk management[154]. Corporate Governance and Shareholder Engagement - The company has established a governance structure compliant with relevant laws and regulations, enhancing operational transparency and accountability[151]. - The current board of directors includes 9 members, with 3 independent directors, ensuring compliance with corporate governance standards[129]. - The company emphasizes the protection of minority shareholders' rights and has established a comprehensive internal control system[91]. - The company actively engages with stakeholders, focusing on social responsibility and the rights of employees and creditors[154]. Subsidiaries and Investments - The company holds a 100% equity stake in Beijing Heshanzhen Comprehensive Food Co., Ltd., which focuses on food processing, and a 5% stake in Beijing Quanjude Meidun Catering Management Co., Ltd., which provides catering services[62]. - The company invested a total of ¥142,949,630 in external equity investments during the reporting period, a significant increase of 974.41% compared to ¥13,305,000 in the same period last year[62]. - The company is exploring new investment opportunities to enhance its portfolio and drive future growth[62]. Employee Management and Development - As of December 31, 2013, the total number of employees was 5,992, with 37.37% being service staff and 28.57% being chefs[144]. - The educational background of employees shows that 78.40% have a vocational education or below, while only 1.35% hold a postgraduate degree[147]. - The company emphasizes a competitive salary structure linked to job performance to attract and retain high-quality employees[148]. - A training plan is in place to enhance the skills and professional ethics of employees, ensuring a high-quality talent pool for rapid development[148].