苏常柴Ｂ：第一季度报告正文（英文版） .ppt

1,CHANGCHAI COMPANY,LIMITEDTHE FIRST QUARTERLY REPORT FOR YEAR 2012 Important Notice1.1 The Board of Directors,the Supervisory Committee,directors,supervisors and seniorexecutives of the Changchai Company,Limited(hereinafter referred to as the Company)warrantthat this report does not contain any false or misleading statements or omit any material facts andall information set forth herein are true,accurate and complete.1.2 Director Xue Guojun was not present at the board session for reviewing this quarterly reportdue to business reasons and entrusted Director He Jianguang to vote on his behalf.1.3 The first quarterly financial report for 2012 has not been audited by an accounting firm.1.4 Person in charge of the Company Mr.Xue Guojun,person in charge of the accounting Mr.He Jianguang and person in charge of the accounting organization Mr.Jiang He hereby confirmthat the Financial Report enclosed in the Quarterly Report is true and complete.English Translation for Reference Only.Should there be any discrepancy between the twoversions,the Chinese version shall prevail.2 Company Profile2.1 Main accounting data and financial indicatorsUnit:RMB,31 Mar.2012,31 Dec.2011,Increase/decrease(%),Total assetsEquity attributable to owners ofthe CompanyShare capitalNet assets per share attributableto owners of the CompanyTotal salesNet profit attributable to ownersof the CompanyNet cash flow arising fromoperating activitiesNet cash flow per share arisingfrom operating activitiesBasic earnings per shareDiluted earnings per shareReturn on equity(%)Return on equity after deducting,3,017,128,191.001,818,209,931.26561,374,326.003.24Jan.-Mar.2012845,226,165.7613,475,393.5577,207,351.210.140.030.030.760.83,2,870,088,394.731,742,701,667.71561,374,326.003.10Jan.-Mar.2011937,452,656.7825,251,344.61-19,733,974.68-0.040.040.041.221.30,5.12%4.33%0.00%4.52%Increase/decrease(%)-9.84%-46.63%-25.00%-25.00%-0.46-0.47,3,extraordinary gains and losses(%)Amount from the,Items of extraordinary gains and lossesNet non-operating incomes and expensesImpact on income taxTotal,year-begin to the end ofthe reporting period-186,779.33-1,067,001.09-1,253,780.42,2.2 Total number of shareholders as at the end of reporting period and shares held by the top tenshareholders not subject to trading moratoriumUnit:Share,Total shareholders at the end of the reportingperiodShares held by the top ten tradable share holders,94,607,Name of shareholder1.State-owned Assets Supervision&Management,Number of tradableshares held,Type of share,Committee of Changzhou Municipal PeoplesGovernment,168,497,736 Renminbi ordinary shares,2.Li Tao3.Sinoauto Company,Ltd.,838,391820,000,Domestically listed foreignshareDomestically listed foreignshare,4.Feng Yan5.Ying Juping,796,550 Renminbi ordinary shares745,300 Renminbi ordinary shares,6.Ma Zeqi,712,500,Domestically listed foreignshare,7.Shenzhen Huarong Century Investment Co.,Ltd.8.Zhu Yixuan,692,921 Renminbi ordinary shares637,888 Renminbi ordinary shares,9.Guotai Junan Securities(Hong Kong)Limited,616,450,Domestically listed foreignshares,10.Zhu Shuanglian,585,715 Renminbi ordinary shares,Significant Events3.1 Particular about large-margin change of main accounting statement item and financial indexand its reason,Applicable,Inapplicable,1.Accounts receivable were up 33.19%as compared to the beginning of the year,which wasmainly because the Company properly extended credit to customers according to relevant,1,agreements and plans in the reporting period so as to attract more customers.2.Inventories were down 20.85%as compared to the beginning of the year,which wasmainly some stock products prepared by the Company at the year-begin were sold in thereporting period.3.Investment income increased RMB8,785,819.08 over the last period,mainly because thecash dividends from the equities of Foton Motor held by the Company increased RMB8,670,000.00.4.Net profit was down 46.63%from a year earlier,which was mainly because marketcompetition was fierce,selling prices dropped and labor cost rose.3.2 The progress and influence of significant events and the analysis and explanation onresolving proposal,Applicable,Inapplicable,3.3 The fulfillment of the commitment made by the Company,shareholders and the actualcontroller,Applicable,Inapplicable,3.4 Warnings of possible loss or large-margin change of the accumulated net profit made duringthe period from the beginning of the year to the end of the next reporting period compared withthe same period of the last year according to prediction,as well as explanations on the reasons,Applicable,Inapplicable,3.5 Other significant events that need to be explained3.5.1 Whether there is the capital provided by the Company to the controlling shareholders orother related parties,or external guarantee in violation of established procedure,Applicable,Inapplicable,3.5.2 Plan to the Share Holdings proposed or implemented by the shareholders holding over 30%equities of the Company in the reporting period,Applicable,Inapplicable,3.5.3 Securities investment,Applicable,Inapplicable,Unit:RMB Yuan,No.,Type ofsecurities,Securities Short formcode of securities,Initialinvestmentamount(Yuan),Holdingnumber,Proportion ofBook value in total securitiesperiod-end in period-end(%),Gains/losses inthe reportingperiod,Stock,601012,LONGiStock,21,000.00,1000,21,000.00,29.16%,0.00,2,3,-,-,0,0,0,-,-,-,StockStock,300305300307,YuXingStockCixing Stock,42,000.0017,500.00,1000500,35,360.0015,650.00,49.10%21.73%,-6,640.00-1,850.00,Other securities investments held at theperiod-end,0.00,0.00,0.00%,0.00,Securities investment gain/loss sold out in theperiodTotal,-80,500.00,-,-72,010.00,-100%,37,505.0329,015.03,3.5.4 Equity of other listed companies held by the Company,Applicable,Inapplicable,Unit:RMB Yuan,Stock code,Short form ofstock,Initialinvestmentamount,Equityproportionin that ofthiscompany,Profit and Change in theBook value at loss in the owners equitythe period-end reporting in the reportingperiod period,Subject foraccountingcalculation,Source ofshares,ExchangeFinancial ass assets of,600166,Foton Motor 41,784,000.00,3.42%,492,745,000.00,72,972,500.00 ets available Changcha,for sale,i Groupin 1999,600377,NinghuExpresswayTotal,90,500.0041,874,500.00,293,000.00493,038,000.00,Financial ass Agreeme8,500.00 ets available ntfor sale transfer72,981,000.00,3.5.5 Equity of non-listed financial enterprises held by the Company,Applicable,Inapplicable,Unit:RMB Yuan,Name,Initialinvestmentamount,Number ofshares held,Equityproportion Book value atin that of thethis period-endcompany,Profit andloss in thereportingperiod,Change in theownersequity in thereportingperiod,Subject foraccountingcalculation,Source ofshares,Bank ofJiangsu,38,000,000.00,38,000,000,0.48%,38,000,000.00,0.00,0.00,long-termequityinvestment,sponsorshares,Total,38,000,000.00,38,000,000,38,000,000.00,0.00,0.00,3.5.6 Significant contracts in the reporting period,Applicable,Inapplicable,3.5.7 Particulars about reception of researches,communications and interviews in the reporting,period,Applicable,Inapplicable,Time,Place,Way of reception,Visitor,Main discussion and the materialsprovided by the Company,23 Feb.2012,The Company,By telephone,Individual investor,The mainCompany,operation,status,of,the,3.6 Investment on derivative products,Applicable,Inapplicable,3.6.1 Quantity of invested derivative products at the period-end,Applicable,Inapplicable,