《闽灿坤Ｂ：2012年第一季度报告全文（英文版） .ppt》由会员分享，可在线阅读，更多相关《闽灿坤Ｂ：2012年第一季度报告全文（英文版） .ppt（14页珍藏版）》请在三一办公上搜索。
1、,TSANN KUEN(CHINA)ENTERPRISE CO.,LTDREPORT FOR THE FIRST QUARTER OF 20121 Important Notes1.1 The Board of Directors,the Supervisory Committee as well as directors,supervisors and seniorexecutives of TSANN KUEN(CHINA)ENTERPRISE CO.,LTD.(hereinafter referred to as“the Company”)guarantee that this repo
2、rt does not contain any false information,misleadingstatement or material omission and will take individual and/or joint liabilities for the factuality,accuracy and completeness of this report.1.2 No directors,supervisors or senior executives have demonstrated uncertainty or disagreementabout the fa
3、ctuality,accuracy and completeness of the quarterly report.1.3 Seven directors were supposed to attend the board session for reviewing this report and six ofthem actually did.Independent Director Tu Liandong was on a business trip overseas and thusentrusted Independent Director Ge Xiaoping to attend
4、 the session and vote on behalf of him.1.4 Financial statements for the first quarter of 2012 have not been audited by an accounting firm.1.5 Mr.Jian Derong,Chairman of the Board,and Mr.Chen Zongyi,Accounting Manager,jointlyguarantee that the financial statements enclosed in the quarterly report is
5、factual and complete.English Translation for Reference Only.Should there be any inconsistency between the Chinese andEnglish versions,the Chinese version shall prevail.2 Company Profile,Stock abbr.Stock code,Min Tsann Kuen B200512,Company Secretary,Securities Representative,NameContact addressTeleph
6、oneFaxE-mail,Sun MeimeiTSANN KUEN Industrial Park,LongchiDevelopment Zone,Zhangzhou,FujianProvince,PRC0596-62681030596-6268104mm_1,78,400.00,0.00,2.1 Main accounting data and financial indicesUnit:RMB Yuan,ItemsTotal assets(Yuan)Owners equity attributable to shareholders of theCompany(Yuan)Share cap
7、ital(share)Net assets per share attributable to shareholders ofthe Company(Yuan/share)ItemsGross revenue(Yuan)Net profit attributable to shareholders of theCompany(Yuan)Net cash flows from operating activities(Yuan)Net cash flows per share from operating activities(Yuan/share)Basic EPS(Yuan/share)Di
8、luted EPS(Yuan/share)Weighted average ROE(%)Weighted average ROE after deducting non-recurringgains and losses(%),31 Mar.20121,922,619,486.79460,085,158.391,112,350,077.000.41Jan.-Mar.2012468,654,073.31(10,773,006.24)(58,560,008.93)(0.05265)(0.0100)(0.0100)-2.31%-3.26%,31 Dec.20111,916,130,287.89470
9、,858,567.381,112,350,077.000.42Jan.-Mar.2011664,479,506.2215,656,510.2112,626,802.270.01000.01410.01413.34%0.64%,Increase/decrease(%)0.34(2.29)0.00(2.38)Increase/decrease(%)(29.47)(168.81)(563.78)(626.50)(170.92)(170.92)(5.65)(3.90),2.1.1 Items of non-recurring gains and lossesUnit:RMB Yuan,ItemsGai
10、ns on disposal of non-current assetsGovernment grant recognized in current year,except for those acquired in the ordinarycourse of business or granted continuously in certain standard quota according to relevantnational laws and regulationsGains and losses from change in fair value of tradable finan
11、cial assets and tradablefinancial liabilities and investment income from disposal of tradable financial assets,tradable financial liabilities and available-for-sale financial assets other than effectivehedging business related to normal operation business of the CompanyOther non-operating income and
12、 expense other than above mentionedIncome tax of non-recurring gains and lossesNet profit attributable to minority shareholders after deducting non-recurring gains andlossesTotalExplanation on important items of non-recurring gains and losses:N/A2,Amount from 1 Jan.31 Mar.2012802,567.954,697,304.219
13、8,423.28(1,385,036.31)4,291,659.13,1,2,3,4,5,6,7,8,9,1,2,3,4,in,5,6,7,8,2.2 Total number of shareholders and shares held by the top ten shareholders not subject totrading moratorium at the end of the reporting periodUnit:ShareTotal number of shareholders at the end of the reporting,periodShares held
14、 by the top ten shareholders not subject to trading moratorium,32,841,Serial No.,Name of shareholder,Shares not subject to tradingmoratorium held at the period-end,Type of share,FORDCHEE DEVELOPMENT LIMITEDEUPA INDUSTRY CORPORATION LIMITEDFILLMAN INVESTMENTS LIMITEDTIMMERTON CO INCCHEN YONGQUANCHEN
15、LIJUANCHEN YONGQINGSHANGHAI HONG KONG INTERNATIONALSECURITIES LIMITEDCSC SECURITIES(HK)LTD10 CAI SHUHUI,323,643,179153,802,30627,729,57514,505,64410,012,4836,076,7465,889,5894,810,0024,480,3794,294,433,B shareB shareB shareB shareB shareB shareB shareB shareB shareB share,The top three shareholders
16、are the Companys corporate controlling,Explanation on associated relationship among theabove-mentioned shareholders or acting-in-concert,shareholders.It is unknown to the Company whether there existsassociated relationship among the shareholders above or they areacting-in-concert entities as stipula
17、ted in the Administrative Measures on,Information Disclosure of Changes in Shareholding of Listed Companies.3 Significant Events3.1 Significant changes in main accounting statement items and financial indicators as well asreasons for these changes,Applicable,Non-applicable,Unit:RMB Yuan,Serial No.,I
18、tems,Closing amount,Opening amount,+/-%,Main reasons for the change,Notes receivableAccountsreceivableInterest receivable,5,553,350.00252,224,438.725,020,153.48,2,979,552.00418,549,674.301,646,355.63,86.38%Increase of bankers acceptance bills-39.74%Decrease of sales204.93%Increase of term deposits,C
19、onstructionprogress,4,891,501.78,6,821,449.43,-28.29%,Some construction was completed and movedinto fixed assets.,Short-termborrowings,107,003,100.00,0.00,100.00%Increase of short-term borrowings from banks,Payroll payable,31,994,352.32,45,828,794.36,-30.19%,Labor compensation pre-withdrawn last yea
20、rwas paid in this period.,Taxes andpayableOther payables,fares,7,342,867.15199,614,645.26,(11,309,225.00)94,564,576.55,164.93%111.09%,Export tax refunds last year were received inthe reporting period.Increase of intra-Group borrowings fromrelated parties,3,1,2,3,4,5,6,7,8,9,10,11,12,13,SerialNo.,Ite
21、msOperating revenuesOperating costs,Jan.-Mar.2012468,654,073.31419,174,687.17,Jan.-Mar.2011664,479,506.22572,850,476.33,+/-%-29.47%-26.83%,Main reasons for the changeDue to a weak export market,ordersdecreased.Operating revenues decreased and operatingcosts decreased accordingly.,Business taxes ands
22、urtaxes,913,732.20,4,257,112.51,-78.54%Tax exempted and withheld decreased.,Financial costs,(5,467,470.70),995,255.00-649.35%Interest income increased.,Asset impairment lossGains on fair valuechanges(“-”for losses)Investment income(“-”for losses)Non-operating incomeNon-operatingexpense,2,948,581.031
23、,045,679.083,651,625.13981,880.742,489.51,338,284.1112,291,092.072,417,462.383,385,133.22533,764.37,771.63%-91.49%51.05%-70.99%-99.53%,Increase of inventory falling price provisionsand bad-debt lossAssessed gains on forward foreign exchangecontracts decreased.Gains recognized on settled forward fore
24、ignexchange contracts increased.Fixed asset disposal income and subsidyincome both decreased.Fixed asset disposal loss and donations bothdecreased.,The Company recorded deficit for this period,Income tax expense,0.00,4,756,805.06-100.00%and thus did not have to pay the relevant,corporate income tax.
25、Net profit attributable,to owners of theCompanyNet cash flows fromoperating activities,(10,773,006.24)(58,560,008.93),15,656,510.21-168.81%Sales decreased.12,626,802.27-563.78%Sales decreased.,Net cash flows fromfinancing activities,233,566,600.00,111,138,900.13,110.16%Increase of bank borrowings,3.
26、2 Progress of significant events as well as their influence and solutions3.2.1 Non-standard audit opinion,Applicable,Inapplicable,3.2.2 The Company provides funds for the controlling shareholder or its related parties orprovides external guarantees in violation of the prescribed procedure,Applicable
27、,Inapplicable,3.2.3 Significant contracts signed and executed concerning routine operation,Applicable,Inapplicable,Sales of assets:For details please refer to Public Notice on Sales of Partial Operation Assets of Accessory Factory ofShare Controlling Subsidiary Zhangzhou Tsann Kuen,Public Notice on
28、Explanation on Progress ofSales of Partial Operation Assets of Accessory Factory of Share Controlling Subsidiary ZhangzhouTsann Kuen and New Assets for Sale,and Public Notice on Explanation on Progress of Sales ofPartial Operation Assets of Accessory Factory of Share Controlling Subsidiary Zhangzhou
29、 Tsann4,the,Kuen and New Assets for Sale for the Second Time,which were published on Securities Times,HKTa Kung Pao and http:/respectively on 29 Jul.2008,21 Jan.2009,28 Apr.2009 and 28 Apr.2010.In the reporting period,considering the actual business needs of the supporting manufacturers,theCompany s
30、old more equipment in a small quantity,with details as follows:Unit:RMB Ten ThousandNet profit,Transaction party,Asset sold,Date of sale,Selling price,contributed tothe Company Gains andby the sold losses dueasset from to sellingyear-begin to the assetthe date of,Whether arelatedtransactionor not,Wh
31、ether or notExplanation the ownershipon pricing of the involvedprinciple asset had beentransferred,whether or notthe relevantcreditors rightsand liabilitieshad beentransferred,Relationshipwith theCompany,sale,PT.STAR,Injection,COMGISTIC,molding,2012.02.29,641,298.84,18,630.61,18,630.61,INDONESIAPT.S
32、TARCOMGISTICINDONESIAHuizhou SankyoPrecision Co.,Ltd.,equipmentOtherequipmentInjectionmoldingequipment,2012.3.312012.01.31,51,432.2733,000.00,8,454.787,094.38,8,454.787,094.38,Related-party,Related-party,Fujian Sanxing,Machinery&ElectronicEquipment Co.,Die castingequipment,2012.01.31,812,771.64,21,3
33、07.97,21,307.97,Ltd.Xiamen,ShangheyangPlastic IndustrialCo.,Ltd.Chen FeiyuZhangzhouRuicheng MetalProduct Co.,Ltd.Longhai LongchiBaoxing HardwareProcessing Factory,BakeliteequipmentInjectionmoldingequipmentDie castingequipmentInjectionmoldingequipmentInjection,2012.01.312012.01.312012.01.312012.01.31
34、,30,000.0040,000.00220,000.0018,400.00,13,492.6912,047.1447,677.3117,945.30,13,492.6912,047.1447,677.3117,945.30,Thetransactionprices weredecidedbased ontheprinciple ofbeingabove thebook value,Non-related as well asparty,Yes,Yes,Non-relatedparty,Liliana S.R.L,molding,2012.02.29,41,570.10,35,530.00,3
35、5,530.00,assessment,Xiamen Duobite,equipment,and marketprices.,Machinery&,Injection,Electronic,molding,2012.02.29,3,600.00,3,492.95,3,492.95,Technology Co.,Ltd.Xiamen,equipment,JinshengrongMetal Product Co.,Die castingequipment,2012.02.29,17,000.00,9,728.71,9,728.71,Ltd.,Zhangzhou HaikunMetal Produc
36、t Co.,Ltd.Zhangzhou BokunElectric ApplianceCo.,Ltd.Zhangzhou YixinMetal Product Co.,Ltd.,Die castingequipmentOtherequipmentDie castingequipment,2012.02.292012.02.292012.02.29,35,000.0042,848.006,100.00,19,350.1022,772.875,982.69,19,350.1022,772.875,982.69,5,Transaction partyZhangzhou YufengProduct C
37、o.,Ltd.,Metal,Asset sold Date of saleDiecasting2012.02.29equipment,Selling price2,000.00,Net profitcontributed tothe Companyby the soldasset fromyear-begin tothe date ofsale1,961.54,Gains and lossesdue to sellingthe asset1,961.54,Whether a Explanatiorelated n ontransact pricingion or principlenot,Wh
38、ether ornot theownership ofthe involvedasset hadbeentransferred,whether or notthe relevant Relationscreditors rights hip withand liabilities thehad been Companytransferred,Xiamen Jingjing Metal ProductCo.,Ltd.,Diecastingequipment,2012.02.29,28,000.00,25,696.58,25,696.58,Xiamen LianfuxinMaterials Co.
39、,Ltd.,Metal,Otherequipment,2012.02.29,36,000.00,30,769.23,30,769.23,Longhai Longchi BaoxingHardware Processing FactoryLonghai Longchi BaoxingHardware Processing FactoryLonghai Longchi BaoxingHardware Processing FactoryLonghai Longchi BaoxingHardware Processing Factory,HardwareequipmentBakeliteequipm
40、entOtherequipmentInjectionmoldingequipment,2012.02.292012.02.292012.02.292012.02.29,21,000.0020,300.0014,800.0024,000.00,19,259.8318,519.5812,649.5723,538.46,19,259.8318,519.5812,649.5723,538.46,Zhangzhou HaikunProduct Co.,Ltd.Zhangzhou KunyiAppliance Co.,Ltd.,MetalElectric,DiecastingequipmentOthere
41、quipment,2012.3.312012.3.31,8,000.007,000.00,7,089.745,982.91,7,089.745,982.91,Zhangzhou KunyiAppliance Co.,Ltd.,Electric,Fittingequipment,2012.3.31,59,200.00,36,304.21,36,304.21,The,Fujian Haixiang Travel OtherTransportation Service Co.,Ltd equipment,2012.3.31,60,000.00,46,462.84,46,462.84,transact
42、ionpriceswere,Longhai Longchi BaoxingHardware Processing Factory,Injectionmoldingequipment,2012.3.31,8,300.00,5,912.86,5,912.86,decidedbased onthe,Xiamen Zhehui&Trade Co.,Ltd.Xiamen Suyuan&Trade Co.,Ltd.,IndustryIndustry,DiecastingequipmentInjectionmoldingequipment,2012.3.312012.3.31,31,000.0018,000
43、.00,26,803.5616,708.33,Non-rel principle26,803.56 ated of beingparty above thebookvalue,as16,708.33well as the,Yes,Yes,Non-related party,DieZhangzhou LongxinwangcastingMetal Product Co.,Ltd.equipmentLonghai Jinxin Metal Industrial MotorCo.,Ltd.equipment,2012.3.312012.3.31,8,500.001,200.00,7,706.201,
44、025.64,7,706.201,025.64,assessment andmarketprices.,Zhangzhou Boer Metal ProductCo.,Ltd.Zhangzhou Ruicheng MetalProduct Co.,Ltd.Zhangzhou Ruicheng MetalProduct Co.,Ltd.,DiecastingequipmentDiecastingequipmentDiecastingequipment,2012.3.312012.3.312012.3.31,20,000.006,000.0015,000.00,19,615.385,884.621
45、2,985.08,19,615.385,884.6212,985.08,Xiamen LianfuxinMaterials Co.,Ltd.Xiamen LianfuxinMaterials Co.,Ltd.,Metal HardwareequipmentMetal Hardwareequipment,2012.3.312012.3.31,33,600.0030,200.00,29,692.7629,619.23,29,692.7629,619.23,Longhai Longchi Baoxing HardwareHardware Processing Factory equipmentLon
46、ghai Longchi Baoxing HardwareHardware Processing Factory equipmentLonghai Longchi Baoxing HardwareHardware Processing Factory equipment,2012.3.312012.3.312012.3.31,18,400.0012,000.0015,400.00,18,046.1510,256.4115,103.85,18,046.1510,256.4115,103.85,Changtai Huatai PrecisionCasting Co.,Ltd.Total,Dieca
47、stingequipment,2012.3.31,15,000.002,505,920.84,14,711.54685,813.62,14,711.54685,813.62,6,3.2.4 Other,Applicable,Inapplicable,3.3 Commitments made by the Company,its shareholders and actual controller,Applicable,Inapplicable,3.4 Warnings of possible loss or large-margin year-on-year change of the acc
48、umulative netprofit made during the period from the beginning of the year to the end of the next reportingperiod according to prediction,as well as explanations on the reasons,Applicable,Inapplicable,3.5 Other significant events3.5.1 Securities investments,Applicable,Inapplicable,3.5.2 Researches,in
49、terviews and visits received in the reporting periodIn the reporting period,when receiving researches and interviews,the Company and relevantinformation disclosure obligors abided by the Guidelines for Fair Information Disclosure of ListedCompanies,not conducting differential treatments or selective
50、ly and privately leaking undisclosedinformation to certain parties.And the researches and interviews received were detailed as follows:,Time,Place,Way ofreception,Visitor,Main discussion and information provided bythe Company,Operational status of the Company with no,9 Jan.2012,By phone,Mr.Cai,mater
