本钢板Ｂ：第三季度报告全文（英文版） .ppt

,0%,-,-,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,The 3rd Quarterly Report 2012I.Important StatementThe Board of Directors and the directors of the Company guarantee that there are no significant omissions,fictitious or misleading statements carried in the Report and we will accept individual and joint responsibilities forthe truthfulness,accuracy and completeness of the Report.All of the directors presented the board meeting at which this Quarterly Report was examined.Chairman of the Board Ms.Zhang Xiaofang,Chief Financial Officer and General Manager Mr.Cao Aimin,and Head of Accounting Dept.Mr.Wang Shaoyu hereby declare:the authenticity and integrality of the reportare guaranteed.II.Company Profile(I)Financial HighlihgtsIf retrospective adjustment has been carried out on financial reports of previous periods Yes V No Not applicable,2012.9.30,2011.12.31,Changed by(%),Gross Assets(RMB)Owners equity attributable to theshareholders of the listed company(yuan)Capital shares(shares),40,721,540,296.3615,346,693,479.063,136,000,000.00,41,059,391,272.0015,524,714,501.263,136,000,000.00,-0.82%-1.15%,Net asset per share attributable to the,shareholders of the listed company,4.89,4.95,-1.21%,(Yuan/share),July-Sept.2012,Changed over the sameperiod of last year(%),Jan-Sept.2012,Changed over the sameperiod of last year(%),Turnover(yuan),10,628,033,843.04,-21.48%33,469,603,677.10,-10.95%,Net profit attributable to shareholders ofthe listed company(yuan)Net Cash flow generated by businessoperation(RMB)Net Cash flow per share generated bybusiness operation(yuan/share)Basic earnings per share(Yuan/share)Diluted earnings per share(Yuan/share)Weighted average netincome/asset ratio(%),-,-15,384,898.68-0.005-0.005-0.1%,-,-108.35%-108.35%-108.35%-108.38%,129,796,409.0189,662,963.200.030.040.040.84%,-83.35%-64.22%-64.22%-83.35%-83.35%-83.6%,Weighted average net,income/asset ratio less non-recurring,-0.18%,-115.04%,0.72%,-85.84%,gain/loss(%)1,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,Income items and amounts after deducting of non-recurring gains/lossesV Applicable Not applicableAmount from openning of,ItemsGain/loss of non-current assetsTax refunding or exemption without official certification or exceeded authorityGains and losses included in the current period of government subsidies,excluding thosegovernment grants which are closely related to normal business and in line with nationalpolicy,or in accordance with fixed standards or quantitiesCapital adoption fee collected from non-financial organizations and accounted into currentgain/lossGain/loss from differences between the cost of enterprise merger and the fair value ofrecognizable net asset of the invested entitiesGain/loss from non-monetary assetsGain/loss from commissioned investment or assetsAsset impairment provisions provided for force-majeurGain/loss from debt reorganizationEnterprise reorganizing expenses,such as employee placement fee and integration feeGain/loss from trade departing from fair valueCurrent net gain/loss of subsidiaries under same control from beginning of term till date ofconsolidationGain/loss generated by contingent liabilities without connection with main businessesGain/loss from change of fair value of transactional asset and liabilities,and investment gainsfrom disposal of transactional financial assets and liabilities and sellable financial assets,otherthan valid period value instruments related to the Companys common businessesRestoring of receivable account impairment provision tested individuallyGain/loss from commissioned loansGain/loss from change of fair value of investment property measured at fair value in follow-upmeasurementInfluence of one-time adjustment made on current gain/loss account according to the laws andregulations regarding tax and accountingConsigning fee received for cosigned operationOther non-business income and expenditures other than the aboveOther gain/loss items satisfying the definition of non-recurring gain/loss accountInfluenced amount of minority shareholders equityInfluenced amount of income tax,year to the end of report Remarksperiod23,320.3811,303,565.5810,772,607.043,798,593.80-6,474,521.70,Total,19,423,565.10,-,Statement of the Company on“Other gain/loss items satisfying the definitions of non-recurring gain/loss accounts”and thenon-recurring items defined as recurring items according to the nature and characteristics of the businesses.,Items,Amount involved(RMB),Remarks,2,42%,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,(II)Top 10 shareholders at the end of report period,and total number of shareholders,Total shareholders at the end ofthe report period(accounts),Top ten holders of the shares without subscription limitation,55,820,Name of the shareholder,Amount of unconditional shares holdingat the end of report term,Categories and amounts of sharesCategories Amount,Benxi Steel(Group)Ltd.China Construction Bank Shangtou Morgan ChinaAdvantage Securities InvestmentFund,2,573,632,420 RMB common shares49,984,457 RMB common shares,2,573,632,42049,984,457,GOVERNMENT OFSINGAPORE INV.CORP.-A/CCNOMURA TST N BK CO.,LTDATTF ASIA ATTR DIV STK FDMTH FDGSIC A/C MONETARYAUTHORITY OF SINGAPOREZhou JieAPS CHINA ALPHA FUNDLSV EMERGING MARKETSEQUITY FUND,L.P.Bao XinfaTaifook Securities CompanyLimited-Account Client,26,552,13818,049,08610,547,61710,468,0004,616,7013,385,7003,321,0003,086,109,Foreign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchangeForeign shares placed in domesticexchange,26,552,13818,049,08610,547,61710,468,0004,616,7013,385,7003,321,0003,086,109,It is unknown to the Company whether there is any related connection or Action in,Situations of the shareholders,Concert as described by Rules of Information Disclosing Regarding Changing of,Shareholding Status of Listed Companies existing among the above shareholders.III.Material Events(I)Material changes in accounting items and indiciesV Applicable Not applicable*In the consolidated statements,main items which have changed by over 30%from the end of 2011,I.Balance sheet itemsNotes receivableConstruction in processProject materialIntangible assetsShort term loansNotes payableWage payableLong-term loansOther non-recurringliabilities,Rate ofchange56%-39%146%49%-52%-44%-41%114%,CausationsCaused by increasing of bank acceptance notes received this periodCaused by increasing of construction in process this periodCaused by increasing of project material deliveredAcquisition of land using rights by Bengang Stainless Steel Cool Rolling DandongCo.,Ltd.Increasing of short-term loans in the periodDecreasing of financing on notes in the periodDisbursing of compensation of dismissing of labor service contractsMaturing and repaying of long-term loans in the periodAcquisition of land using rights by Bengang Stainless Steel Cool Rolling DandongCo.,Ltd.,3,229%,-46%,67%,174%,-92%,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,*In the consolidated statements,main items which have changed by over 30%comparing with Jan-Sept 2011,II.Income Statement ItemsOperation tax and surchargesAdministration expensesFinancial expensesNon-operational incomeNon-operational expenditureIII.Cash Flow StatementTax refunding receivedTaxes paid,Ratio ofchange133%Ratio ofchange77%,CausationsIncreasing of VAT payable in the report periodRoutine maintainance and repairing expenses of final-product-relatedequipment are transferred to manufacturing expense,therefore theadministration expenses were reduced.Loan balance increased from the same period of last year,and fluctuation ofexchange rates caused decrease of exchange gains.Gains from debt reorganizing and receiving of government subsidyIncrease of losses from disposal of non-current assets in the periodCausationsDecrease of tax refunding in the periodIncrease of VAT payable in the period,Cash paid for purchasing of fixed assets,-32%,Decrease of cash paid for purchasing or building of fixed assets in the period,intangible assets,and other long-termassets(II)Progress,influences,and solutions of material events1.Non-standard opinions Applicable;V Not applicable2.Providing of capital to the controlling shareholder or related parties,or illegal providing of externalguarantees Applicable;V Not applicable3.Engaging and executing of material contracts Applicable;V Not applicable4.OthersV Applicable;Not applicableAbout the Companys private share issuing,we have received the“Acceptance of Executive Approval Application by ChinaSecurities Regulatory Commission”on July 11,2012.It is under processing.(III)Commitment issues made by the Company or shareholders holding over 5%of the shares,in thereport period or carried down from previous period Applicable;V Not applicable(IV)Prediction of business performance for 2012Alert of loss or significant change in net profit from the beginning of year to the end of next report period or comparing with thesame period of last year,and statement of causations.Applicable;V Not applicable(V)Other material events to be presented1.Securities investment Applicable;V Not applicable4,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,2.Investment in derivate instruments Applicable;V Not applicable3.Derivate instruments in stock Applicable;V Not applicable4 Reception of investigations,communications,or interviewsMain content,Time/date,Place,Way,Type of visitors,Visitors,involved and,material provided5.Issuing of corporation bondsAre there any corporation bonds issued?Yes V NoIV.Attachement(I)Financial StatementsConsolidated or not?V Yes No Not applicableAll figures in the financial statements are in RMB Yuan except for otherwise stated.1.Consolidated Balance SheetPrepared by:Bengang Steel Plates Co.,Ltd.In RMB,ItemsCurrent asset:Monetary capitalSettlement provisionOutgoing call loanTransactional financial assetsNotes receivableAccount receivablePrepaymentInsurance receivableReinsurance receivableProvisions of Reinsurance contracts receivableInterest receivableDividend receivableOther account receivableRepurchasing of financial assetsInventories,Closing balance2,476,467,649.914,542,062,854.08390,439,168.40450,314,712.44123,500,584.8511,980,838,196.80,Openning balance3,242,956,479.922,913,462,068.17412,780,417.60485,521,776.66145,298,185.0612,835,213,347.52,Non-current asset due in 1 year5,Bengang Steel Plate Co.,Ltd.,The 3rd Quarterly Report 2012,Other current assetTotal of current assetNon-current assetsDisburse of consigned loansSellable financial assetExpired investment in possessLong-term receivableLong-term share equity investmentInvestment real estatesFixed assetsConstruction in processEngineering goodsFixed asset disposalProduction physical assetsGas&petrolIntangible assetsR&D expenseGoodwillLong-term amortizable expensesDeferred income tax assetOther non-current assetTotal of non-current assetsTotal of assetsCurrent liabilitiesShort-term loansLoan from Central BankDeposit received and hold for othersCall loan receivedTrade off financial liabilitiesNotes payableAccount payablePrepayment receivedSelling of repurchased financial assetsFees and commissions receivableEmployees wage payableTax payableInterest payableDividend payableOther account payableReinsurance fee payableInsurance contract provisionEntrusted trading of securitiesEntrusted selling of securitiesNon-current liability due in 1 yearOther current liabilityTotal of current liability,182,211,823.7320,145,834,990.2115,791,030.0016,606,505,018.513,629,960,632.1016,636,950.37111,915,438.48194,896,236.6920,575,705,306.1540,721,540,296.368,248,623,600.001,020,049,879.588,385,094,699.612,779,982,704.3268,607,828.69-145,330,831.56649,012,993.541,967,475,600.0022,973,516,474.18,182,211,823.7320,217,444,098.6615,791,030.0018,006,165,365.042,552,473,544.7827,153,422.7545,467,574.08194,896,236.6920,841,947,173.3441,059,391,272.005,547,330,913.462,108,397,418.858,762,873,204.102,849,478,230.64122,199,995.18-177,169,903.58657,094,343.991,877,329,600.0021,747,533,802.646,Bengang Steel Plate Co.,Ltd.Non-current liabilities,The 3rd Quarterly Report 2012,Long-term borrowingsBond payableLong-term payableSpecial payableAnticipated liabilitiesDeferred income tax liabilityOther non-recurring liabilitiesTotal of non-current liabilitiesTotal of liabilityOwners equity(or shareholders equity)Capital paid in(or share capital)Capital reservesLess:Shares in stockSpecial reservesSurplus reservesCommon risk provisionRetained profitDifferent of foreign currency translationTotal of owners equity belong to the parent companyMinor shareholders equityTotal of owners equity(or shareholders equity)Total of liability and shareholders equity(or owners equity),2,171,135,454.52195,918,650.202,367,054,104.7225,340,570,578.903,136,000,000.008,822,821,134.765,782,568.79921,277,509.222,460,812,266.2915,346,693,479.0634,276,238.4015,380,969,717.4640,721,540,296.36,3,660,798,190.0491,664,224.003,752,462,414.0425,499,996,216.683,136,000,000.008,822,821,134.76921,277,509.222,644,615,857.2815,524,714,501.2634,680,554.0615,559,395,055.3241,059,391,272.00,Legal representative:Zhang Xiaofang,CFO:Cao Aimin,Accounting Manager:Wang Shaoyu,2.Balance Sheet of the Parent CompanyPrepared by:Bengang Steel Plates Co.,Ltd.In RMB,Current asset:Monetary capitalTransactional financial assetsNotes receivableAccount receivablePrepaymentInterest receivableDividend receivableOther account receivableInventoriesNon-current asset due in 1 yearOther current assetTotal of current asset,Items,Closing balance2,255,082,687.434,384,791,727.90831,718,923.02450,314,712.44273,905,600.0811,253,539,594.94182,211,823.7319,631,565,069.54,Openning balance3,079,794,798.312,808,960,449.26854,060,172.22455,603,803.10288,951,337.3612,169,648,632.27182,211,823.7319,839,231,016.25,Non-current assetsSellable financial assetExpired investment in possess7,Bengang Steel Plate Co.,Ltd.Long-term receivable,The 3rd Quarterly Report 2012,Long-term share equity investmentInvestment real estatesFixed assetsConstruction in processEngineering goodsFixed asset disposalProduction physical assetsGas&petrolIntangible assetsR&D expenseGoodwillLong-term amortizable expensesDeferred income tax assetOther non-current assetTotal of non-current assetsTotal of assetsCurrent liabilitiesShort-term loansTrade off financial liabilitiesNotes payableAccount payablePrepayment receivedEmployees wage payableTax payableInterest payableDividend payableOther account payableNon-current liability due in 1 yearOther current liabilityTotal of current liabilityNon-current liabilitiesLong-term borrowingsBond payableLong-term payableSpecial payableAnticipated liabilitiesDeferred income tax liabilityOther non-recurring liabilitiesTotal of non-current liabilitiesTotal of liabilityOwners equity(or shareholders equity)Capital