深物业Ｂ：半报告摘要（英文版） .ppt

Tel.,Fax,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.SHENZHEN PROPERTIES&RESOURCESDEVELOPMENT(GROUP)LTD.ABSTRACT OF THE SEMI-ANNUAL REPORT 2012I.Important NotesThe Board of Directors,the Supervisory Committee,directors,supervisors and senior executives of the Companyguarantee that there are no false information,misleading statements or material omissions carried in this reportand will take all responsibilities,individual and/or joint,for authenticity,accuracy and integrality of the wholecontents of this report.All directors attended the board session for reviewing this report.The financial report for the first half of 2012 has not been audited by a CPA firm.Mr.Chen Yugang,company principal,Mr.Wang Hangjun,head of the accounting work,and Ms.Shen Xueying,head of the accounting division(head of accounting)hereby guarantee that the Financial Statements enclosed inthis report are true and complete.II.Company Profile（I）Basic information,A-share abbreviationA-share codeStock exchange listed with,SWYA000011Shenzhen Stock Exchange,Company Secretary,Securities Affairs Representative,Name,Fan Weiping,Qian Zhong,Huang Fengchun,Contact address,42/F,International Trade Center,Renmin 42/F,International Trade Center,RenminSouth Road,Shenzhen South Road,Shenzhen,0755-822110200755-82210610,82212043,0755-822110200755-82210610,82212043,E-mail,（II）Financial highlights1.Major accounting data and financial indexesAny retrospective adjustment in previous financial statements?Yes No,30 Jun.2012,31 Dec.2011Before adjustment After adjustment,Increase/decrease(%)After adjustment,1,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.,Total assets(RMB Yuan),3,645,866,926.15,3,499,608,314.21,3,526,566,922.95,3.38%,Owners equity attributable to,shareholders of the Company(RMB,1,225,901,242.51,1,130,243,873.92,1,141,461,317.97,7.4%,Yuan),Share capital(share),595,979,092.00,595,979,092,595,979,092.00,0%,Net assets per share attributable to,shareholders of the Company(RMB,2.057,1.8964,1.9153,7.4%,Yuan/share),Liability/asset ratio（%）,66.35%,67.68%,67.61%,-1.26%,Major accounting data,Jan.-Jun.2012,Jan.-Jun.2011Before adjustment After adjustment,Increase/decrease(%)After adjustment,Gross operating revenues(RMBYuan)Operating profit(RMB Yuan)Total profit(RMB Yuan)Netprofitattributabletoshareholders of the Company(RMB,622,922,900.92126,557,866.82126,064,094.2098,322,285.31,1,146,591,748.07396,042,594.95396,114,375.04299,688,854.39,1,155,786,058.07398,072,511.56398,183,283.09301,444,084.10,-46.1%-68.21%-68.34%-67.38%,Yuan),Net,profit,attributable,to,shareholders of the Company afterdeducting non-recurring gains and,90,864,488.27,298,838,849.27,298,838,849.27,-69.59%,losses(RMB Yuan),Basic EPS(RMB Yuan/share)Diluted EPS(RMB Yuan/share)Weighted average ROE(%),0.1650.1658.31%,0.50290.502929.28%,0.50580.505829.21%,-67.38%-67.38%-20.9%,Weighted average ROE after,deducting non-recurring gains and,7.68%,29.19%,28.95%,-21.27%,losses(%),Net cash flow from operatingactivities(RMB Yuan),336,111,486.60,-442,971,012.62,-439,366,561.71,176.5%,Net cash flow per share from,operating activities(RMB,0.564,-0.7433,-0.7372,176.5%,Yuan/share)Notes to major accounting data and financial indexes before the end of the reporting period(Please give notes ifthere is any retrospective adjustment):The Company fulfilled its share reform commitment and exchanged assets with its controlling shareholder.Among the exchanges,the Company exchanged in 100%equity interests of Shenzhen Shenxin Taxi Co.,Ltd.,which was a business combination under the same control completed in the reporting period.According torelevant rules,the Company retrospectively adjusted the data as at the end of last year and as of the same period oflast year.For details,see Note(IV)to the Financial Statements.2.Items of non-recurring gains and lossesApplicable Inapplicable,ItemsGains and losses on disposal of non-current assets,Jan.-Jun.2012(RMB Yuan)9,553,219.61,Notes“Gains and losses on disposal ofnon-current assets,including the amountoffsetting the asset impairmentprovisions”referred to gains and losses,on disposal of fixed assets and investingproperties.Tax rebate,reduction or exemption due to un-authorizedapproval or the lack of formal approval documentsGovernment grants recognized in the current year,except2,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.for those acquired in the ordinary course of business orgranted at certain quotas or amounts according to thecountrys unified standardsCapital occupation fees received from non-financialenterprises that are included in current gains and lossesGains generated when the investment costs of theCompanys acquiring subsidiaries,associates and jointventures are less than the fair value of identifiable net assetsin the investees attributable to the Company in theacquisition of the investments“Exchange gains and losses ofnon-monetary assets”referred to the,Exchange gains and losses of non-monetary assets,-2,348,164.39,transfer taxes and fares arising from theasset exchanges carried out between the,Company and its controlling shareholderdue to the share reform commitment.Gains and losses through entrusting others to invest ormanage assetsVarious asset impairment provisions due to acts of God suchas natural disastersGains and losses on debt restructuringEnterprise reorganization expenses,such as expenses onemployee settlement and integrationGains and losses on the parts exceeding the fair value whenprices of transactions become unfair“Net current gains and losses from theperiod-begin to the combination date of,subsidiaries,due,to,business,combinations under the same control”,Net current gains and losses from the period-begin to thecombination date of subsidiaries due to businesscombinations under the same control,1,912,516.93,mainly referred to net gains and losses(including reversed interest on internalentrustment loans)for Jan.-May 2012 ofthe 100%equity interests of Shenzhen,Shenxin Taxi Co.,Ltd.obtained by theCompany under the same control.Fordetails,see Note(IV)to the FinancialStatements.Gains and losses on contingent matters which are irrelevantto the normal operation of the CompanyGains and losses on fair value changes of transactionalfinancial assets and liabilities,and investment gains ondisposal of transactional financial assets and liabilities andavailable-for-sale financial assets,except for the effectivehedging business related to the Companys normal operation“Reversal of impairment provisions foraccounts receivable which are separately,Reversal of impairment provisions for accounts receivablewhich are separately tested for impairment signs,tested for impairment signs”mainly400,330.00 referred to the reversal of impairmentprovisions for the reporting period.For,details,see Note(V)4 to the FinancialStatements.Gains and losses on entrustment loans from external partiesGains and losses on fair value changes of investingproperties for which the fair value method is adopted forsubsequent measurementCurrent gain and loss effect due to a just-for-onceadjustment to current gains and losses according torequirements of taxation and accounting laws andregulationsCustodian fee income from entrusted operations with the3,0,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.Company,Other non-operating incomes and expenses besides theitems aboveOther gain and loss items that meet the definition ofnon-recurring gains and lossesMinority interests effectsIncome tax effects,366,847.16-2,426,952.27,Total,7,457,797.04,-,3.Net profit and net asset differences between financial reports disclosed according to the international andChinese accounting standards respectivelyApplicable Inapplicable4.Net profit and net asset differences between financial reports disclosed according to the overseas andChinese accounting standards respectivelyApplicable InapplicableIII.Changes in Share Capital and Particulars about Shareholders（I）Changes in share capitalApplicable Inapplicable,Before the change,Increase/decrease(+,-)Capitalizat,After the change,Number,Proportion(%),Issuanceof newshares,Bonusshares,ion ofpublicreserve,Others,Subtotal,Number,Proportion(%),fund,I.Shares subject to trading 383,219,1moratorium 64,64.3%,383,219,164,64.3%,1.State-owned shares,2.State-ownedperson shares,legal 380,287,429,63.81%,78,515,380,365,944,63.82%,3.Other domestic sharesIncluding:Shares held bydomestic legal persons,2,931,7352,403,735,0.49%0.4%,-78,515-30,130,2,853,2202,373,605,0.48%0.4%,Shares helddomestic individuals,by,528,000,0.09%,-48,385,479,615,0.08%,4.Shares held by overseasshareholdersIncluding:Shares held byoverseas legal personsShares held byoverseas individuals5.Shares held by seniormanagement staff,II.Shares not subject to 212,759,9,35.7%,212,759,9,35.7%,4,Number of,shares,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.,trading moratorium,28,28,1.Ordinary shares 145,154,6denominated in RMB 85,24.36%,145,154,685,24.36%,2.Domesticallyforeign shares,listed 67,605,243,11.34%,67,605,243,11.34%,3.Overseas listed foreignshares4.Others,III.Total shares,595,979,092.00,100%,595,979,092.00,100%,（II）Shares held by the top ten holders of tradable shares/shares not subject to tradingmoratoriumShares held by the top ten shareholders and the top ten shareholders holding tradable shares,Total number of shareholdersParticulars about shares held by the top ten shareholders,49,135,Name of shareholder(fullname),Nature ofshareholder,Shareholding Total shares held atpercentag the period-ende(%),Pledged or frozen sharesNumber ofnon-tradableshares held Status of shares,SHENZHEN,CONSTRUCTIONINVESTMENTHOLDINGS,State-ownedcorporation,54.33%,323,783,371,323,783,371,CORPORATIONSHENZHEN,INVESTMENTMANAGEMENT,State-ownedcorporation,9.49%,56,582,573,56,582,573,CORPORATIONSHENZHENINTERNATIONAL,TRADEPROPERTY,CENTER State-ownedcorporation,0.42%,2,514,781,MANAGEMENTCOMPANY,SHENZHEN,SPECIAL Domestic,ZONE,DUTY-FREE non-state-owned,0.29%,1,730,300,1,730,300,COMMODITY CO.,corporation,LIU YUNDE,Domesticperson,natural,0.14%,850,000,CLIENT,CREDIT,TRADING GUARANTEE Domestic,SECURITIES ACCOUNT non-state-owned,0.13%,789,210,0,0,OF,CHANGJIANG corporation,SECURITIES CO.,LTD.,ZHOU YONGHONGLIU LIAOYUANLI ZHIXUANFENG JIANNING,DomesticpersonDomesticpersonDomesticpersonDomesticperson,naturalnaturalnaturalnatural,0.13%0.11%0.1%0.097%,767,633641,900605,021580,000,Particulars about shares held by the top ten shareholders holding tradable shares,Name of shareholder,Number of tradable shares,Type and number of shares,5,persons acting in concert among,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.,SHENZHEN,INTERNATIONAL TRADE,held,Type,Number,CENTER,PROPERTY,MANAGEMENT,2,514,781 A-share,2,514,781,COMPANY,LIU YUNDECLIENT CREDIT TRADING GUARANTEESECURITIES ACCOUNT OF CHANGJIANGSECURITIES CO.,LTD.ZHOU YONGHONGLIU LIAOYUAN,850,000 A-share789,210 A-share767,633 B-share641,900 B-share,850,000789,210767,633641,900,LI ZHIXUAN,605,021,A-shareA-share,605,021,ZHOU YONGHONGGUNTAI JUNAN SECURITIES(HONGKONG)LIMITEDLI HONGMAOCAO YONGHUI,580,000 A-share538,204 B-share513,720 A-share455,300 A-share,580,000538,204513,720455,300,Explanation on associated relationship or/andIt was unknown whether there exists associated relationship among thethe shareholders mentioned above.above-mentioned shareholders（III）Change of the controlling shareholder and the actual controllerApplicable InapplicableIV.Particulars about Directors,Supervisors and Senior Management（I）Shareholding changes of directors,supervisors and senior management,Name,Office title,Number ofNumber of sharesshares held at increased inperiod-begin reportingperiod,Number ofshares Number ofdecreased in shares held atreporting period-endperiod,Of which:number ofrestrictedshares held,Number ofstock optionsheld atperiod-end,Reason forchange,V.Report of the Board of Directors（I）Main business lines classified by industries and productsUnit:RMB YuanMain business lines classified by industriesIncrease/decrease Increase/decrease Increase/decrease,Industry,Operatingrevenue,Operating cost,Gross profit rate(%),of operatingrevenue,of operating cost of gross profitcompared with rate compared,compared with the same period,with the same,6,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.,the same periodlast year(%),last year(%),period last year(%),Real estateProperty leasingand managementTaxi,382,325,000.00143,665,000.0036,218,000.00,229,343,000.00112,733,000.0017,494,000.00,40.01%21.53%51.07%,-60.79%18.9%-0.82%,-2.54%9.13%-0.44%,-35.85%7.02%-0.18%,Main business lines classified by products,Product,Operatingrevenue,Operating cost,Gross profit rate(%),Increase/decreaseof operatingrevenuecompared withthe same periodlast year(%),Increase/decreaseof operating costcompared withthe same periodlast year(%),Increase/decreaseof gross profitrate comparedwith the sameperiod last year(%),Explanation to the reasons for any significant year-on-year change of the gross profit rate:Real estate income decreased mainly because a lot of funds from the pre-sale of the Shengang No.1 project werecarried over to income for the same period of last year while real estate income meeting the carry-over conditionsdecreased in the first half of the year.The gross profit rate for the real estate business showed a considerable dropmainly because most of the real estate income for the first half of the year came from asset exchanges due to theshare reform commitment and the gross profit rates for these idle properties were low.The gross profit rate for theproperty leasing and management business increased mainly because the leasing rate increased in the reportingperiod and the leasing income increased as a result.（II）Main business lines classified by regionsUnit:RMB Yuan,ShenzhenOther regions,Region,Operating revenue521,322,000.0052,638,000.00,Increase/decrease compared with the sameperiod last year(%),（III）Reasons for any significant change in main business and its structureApplicable Inapplicable（IV）Reasons of significant changes in profitability of main business(gross profit rate)compared with that in the last yearApplicable Inapplicable（V）Analysis on reasons of significant changes in profit breakdown compared with the lastyearApplicable Inapplicable（VI）Particulars about utilization of the raised funds1.Utilization of the raised fundsApplicable Inapplicable7,Abstract of the Semi-Annual Report 2012 of Shenzhen Properties&Resources Development(Group)Ltd.2.Change of projects invested with raised fundsApplicable Inapplicable（VII）Revision of the Board of Directors business plan for the second half of the yearApplicable Inapplicable（VIII）Business performance estimate for Jan.-Sept.2012Warnings of estimated possible losse