UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2018
Commission File Number: 1-14362
GUANGSHEN RAILWAY COMPANY LIMITED
(Translation of registrants name into English)
No. 1052 Heping Road, Shenzhen
Peoples Republic of China 518010
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT
Number |
Description of Document | |
99.1 | Overseas Regulatory Announcement Third Quarterly Report for 2018 |
FORWARD-LOOKING STATEMENTS
Certain information contained in this Form 6-K are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements can be identified by the use of words or phrases such as is expected to, will, is anticipated, plan to, estimate, believe, may, intend, should or similar expressions, or the negative forms of these words, phrases or expressions, or by discussions of strategy. Such statements are subject to risks, uncertainties and other factors that could cause the registrants actual results to differ materially from its historical results and those presently anticipated or projected. A discussion of the most significant risks, uncertainties and other factors is included in the annual report on Form 20-F that the registrant files with the Commission each year.
You are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date on which such statements were made. Among the factors that could cause the registrants actual results in the future to differ materially from any opinions or statements expressed with respect to future periods include changes in the economic policies of the PRC government, an economic slowdown in the Pearl River-Delta region and elsewhere in mainland China, increased competition from other means of transportation, delays in major development projects, occurrence of health epidemics or outbreaks in Hong Kong or China, foreign currency fluctuations and other factors beyond the registrants control.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Guangshen Railway Company Limited | ||||||
Dated: October 30, 2018 |
||||||
By: | /S/ Guo Xiang Dong | |||||
Name: | Guo Xiang Dong | |||||
Title: | Company Secretary |
Exhibit 99.1
(a joint stock limited company incorporated in the Peoples Republic of China)
(Stock Code: 00525)
OVERSEAS REGULATORY ANNOUNCEMENT THIRD QUARTERLY REPORT FOR 2018
In accordance with the requirements of the China Securities Regulatory Commission (CSRC), Guangshen Railway Company Limited (the Company) is required to issue a third quarterly report.
The financial information set out in this quarterly report has not been audited, and has been prepared in accordance with the PRC Enterprise Accounting Standards.
This announcement is made in accordance with Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. |
1. | IMPORTANT NOTICE |
1.1 | The board of directors, supervisory committee, directors, supervisors and senior management of the Company warrant that the contents of this quarterly report are authentic, accurate and complete, and there are no misrepresentations or misleading statements contained in or material omissions from this quarterly report, and severally and jointly accept the related legal responsibility. |
1.2 | All directors of the Company attended the meeting of the board of directors at which this quarterly report was considered. |
1.3 | Mr. Wu Yong, Chairman of the Company, Mr. Hu Lingling, General Manager, Mr. Tang Xiangdong, Chief Accountant and Mr. Lin Wensheng, Chief of Finance Department hereby declare that the authenticity, accuracy and completeness of the financial statements contained in this quarterly report are warranted. |
1.4 | The financial statements contained in the Companys third quarterly financial report for 2018 have not been audited. |
1
2. | THE OVERALL INFORMATION OF THE COMPANY |
2.1 | Principal financial data |
Unit: ¥ Currency: RMB
At the end of this reporting period |
At the end of last year |
Increase/decrease at the end of the reporting period as compared with the end of last year (%) |
||||||||||
Total assets | 34,365,248,146 | 33,994,238,908 | 1.09 | |||||||||
Net assets attributable to shareholders of listed company | 29,032,096,498 | 28,684,676,483 | 1.21 | |||||||||
From the beginning of the year to the end of the reporting period (Jan-Sep) |
From the beginning of last year to the end of the reporting period of last year (Jan-Sep) |
Increase/decrease as compared with the same period of last year (%) |
||||||||||
Net cash flow from operating activities | 2,553,037,108 | 2,155,058,085 | 18.47 | |||||||||
From the beginning of the year to the end of the reporting period (Jan-Sep) |
From the beginning of last year to the end of the reporting period of last year (Jan-Sep) |
Increase/decrease as compared with the same period of last year (%) |
||||||||||
Revenues from operation | 14,581,919,208 | 13,167,657,172 | 10.74 | |||||||||
Net profit attributable to shareholders of listed company | 963,776,130 | 888,485,481 | 8.47 | |||||||||
Net profit attributable to shareholders of listed company after extraordinary gain or loss | 993,147,009 | 899,332,780 | 10.43 | |||||||||
Weighted average return on net assets (%) | 3.33 | 3.14 | |
Increase by 0.19 percentage point |
| |||||||
Basic earnings per share (¥/share) | 0.136 | 0.125 | 8.80 | |||||||||
Diluted earnings per share (¥/share) | 0.136 | 0.125 | 8.80 |
Note: | Return on net assets represents the difference between the amounts of Increase/decrease as compared with the same period of last year (%). |
2
Extraordinary gain or loss items and amounts
✓ Applicable ☐ Not applicable
Unit: ¥ Currency: RMB
Items |
Amount for the period (Jul-Sep) |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
||||||
Gain or loss on disposal of non-current assets |
(26,808,176 | ) | (57,350,699 | ) | ||||
Government grants included in profit or loss for the period, other than government grants closely related to the normal operation of the Company and granted on an on-going basis in accordance with specific standard amount or quantity in compliance with national policies |
4,425,171 | 7,276,685 | ||||||
Write back of the provision for impairment of accounts receivable that is individually tested for impairment |
| 5,689,343 | ||||||
Other non-operating income and expenses other than aforesaid items |
117,097 | 1,175,166 | ||||||
Effect of minority interests (after tax) |
348,889 | 299,898 | ||||||
Effect of income tax |
7,047,454 | 13,538,728 | ||||||
|
|
|
|
|||||
Total |
(14,869,565 | ) | (29,370,879 | ) | ||||
|
|
|
|
Note: | Extraordinary losses are expressed in negative figures. |
3
2.2 | Total number of shareholders, shareholding of top ten shareholders and top ten shareholders holding shares without selling restrictions at the end of the reporting period |
Unit: Shares
Total number of shareholders (Number) |
226,176 | |||||||||||||||||||||
Shareholding of top ten shareholders | ||||||||||||||||||||||
Subject to pledge or frozen |
||||||||||||||||||||||
Name of shareholders (Full name) |
Number of shares held at the end of the period |
Percentage (%) |
Number of shares with selling restrictions held |
Status of shares |
Number | Nature of shareholder | ||||||||||||||||
China Railway Guangzhou Group Co., Ltd. |
2,629,451,300 | 37.12 | | None | | State-owned legal person | ||||||||||||||||
HKSCC NOMINEES LIMITED (Note) |
1,527,859,445 | 21.57 | | Unknown | | Foreign legal person | ||||||||||||||||
Lin Naigang |
95,520,000 | 1.35 | | Unknown | | Domestic natural person | ||||||||||||||||
Central Huijin Asset Management Co., Ltd |
85,985,800 | 1.21 | | Unknown | | State-owned legal person | ||||||||||||||||
New China Life Insurance Company Ltd. Dividend Group Dividend 018L FH001 Hu |
75,258,355 | 1.06 | | Unknown | | State-owned legal person | ||||||||||||||||
China Securities Finance Corporation Limited |
53,883,592 | 0.76 | | Unknown | | State-owned legal person | ||||||||||||||||
Zhou Rong |
51,152,327 | 0.72 | | Unknown | | Domestic natural person | ||||||||||||||||
DEUTSCHE BANK AKTIENGESELLSCHAFT |
37,508,532 | 0.53 | | Unknown | | Foreign legal person | ||||||||||||||||
Taiyuan Iron & Steel (Group) Company Limited |
30,781,989 | 0.43 | | Unknown | | State-owned legal person | ||||||||||||||||
Harvest Fund Agricultural Bank of China Harvest CSI Financial Asset Management Plan |
28,101,600 | 0.40 | | Unknown | | Other |
4
Shareholding of top ten shareholders holding shares without selling restrictions |
| |||||||||
Number of shares held without selling restrictions |
Class and number of shares |
|||||||||
Name of shareholders |
Class |
Number | ||||||||
China Railway Guangzhou Group Co., Ltd. |
2,629,451,300 | Renminbi- denominated ordinary shares |
2,629,451,300 | |||||||
HKSCC NOMINEES LIMITED (Note) |
1,527,859,445 | Renminbi- denominated ordinary shares |
109,471,996 | |||||||
Overseas listed foreign shares | 1,418,387,449 | |||||||||
Lin Naigang |
95,520,000 | Renminbi- denominated ordinary shares |
95,520,000 | |||||||
Central Huijin Asset Management Co., Ltd |
85,985,800 | Renminbi- denominated ordinary shares |
85,985,800 | |||||||
New China Life Insurance Company Ltd. Dividend Group Dividend 018L FH001 Hu |
75,258,355 | Renminbi- denominated ordinary shares |
75,258,355 | |||||||
China Securities Finance Corporation Limited |
53,883,592 | Renminbi- denominated ordinary shares |
53,883,592 | |||||||
Zhou Rong |
51,152,327 | Renminbi- denominated ordinary shares |
51,152,327 | |||||||
DEUTSCHE BANK AKTIENGESELLSCHAFT |
37,508,532 | Renminbi- denominated ordinary shares |
37,508,532 | |||||||
Taiyuan Iron & Steel (Group) Company Limited |
30,781,989 | Renminbi- denominated ordinary shares |
30,781,989 | |||||||
Harvest Fund Agricultural Bank of China Harvest CSI Financial Asset Management Plan |
28,101,600 | Renminbi- denominated ordinary shares |
28,101,600 | |||||||
Statement regarding connected relationship or concerted action of the above shareholders |
|
The Company is unaware whether the above shareholders are connected or concerted parties as defined in Measures on Administration of Acquisitions of Listed Companies. |
|
Note: | 109,471,996 A shares and 1,418,387,449 H shares of the Company were held by HKSCC NOMINEES LIMITED in the capacity of various clients. |
2.3 | Total number of preference shareholders, shareholding of top ten preference shareholders and top ten preference shareholders holding shares without selling restrictions at the end of the reporting period |
☐ Applicable ✓ Not applicable
5
3. | SIGNIFICANT EVENTS |
3.1 | Significant changes of key accounting items and financial indicators and reasons for changes |
✓ Applicable ☐ Not applicable
Unit: ¥ Currency: RMB
Balance |
Items |
30 Sep 2018 | 31 Dec 2017 | Movement (%) | Major reason analysis | |||||||||||
(1) |
Bank balances and cash | 1,861,604,958 | 1,268,514,534 | 46.75 | Prepayments received from disposal of assets held for sale. | |||||||||||
(2) |
Other non-current assets | 134,741,312 | 54,369,091 | 147.83 | Prepayments for purchase of EMU trains. | |||||||||||
(3) |
Receipts in advance | 720,537,304 | 152,011,005 | 374.00 | Prepayments received from disposal of assets held for sale. | |||||||||||
Profit Statement |
Items |
Jan-Sep 2018 | Jan-Sep 2017 | Movement (%) | Major reason analysis | |||||||||||
(1) |
Finance costs | (17,179,851 | ) | (7,030,515 | ) | 144.36 | Decrease in foreign exchange losses. | |||||||||
(2) |
Non-operating expenses | 60,305,575 | 24,375,684 | 147.40 | Increase in expenses for retirement of fixed assets. |
Cash Flow |
Items |
Jan-Sep 2018 | Jan-Sep 2017 | Movement (%) | Major reason analysis | |||||||||||
(1) |
Tax paid | 435,548,032 | 695,421,037 | (37.37 | ) | VAT refunds received. | ||||||||||
(2) |
Net cash received from disposal of fixed assets, intangible assets and other long-term assets activities | 522,677,504 | 753,814 | 69,237.73 | Prepayments received from disposal of assets held for sale. | |||||||||||
(3) |
Cash for distribution of dividends, profits or repayment of interest payments | 570,031,845 | 356,326,856 | 59.97 | The final cash dividend for 2016 payable to GR Group, the largest shareholder, was not paid in the same period last year. |
6
3.2 | Progress and impact of significant events and analysis and explanations for solutions |
☐ Applicable ✓ Not applicable
3.3 | Commitments which have not been fulfilled during the reporting period |
☐ Applicable ✓ Not applicable
3.4 | Caution and explanation as to the anticipated loss of accumulated net profit from the beginning of the year to the end of the next reporting period or significant changes over the same period of last year |
☐ Applicable ✓ Not applicable
Name of Company | Guangshen Railway Company Limited | |
Legal Representative | Wu Yong | |
Date | 25 October 2018 |
7
4. | APPENDIX |
4.1 | FINANCIAL STATEMENTS |
Combined Balance Sheet
30 September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Balance at the end of the period |
Balance at the beginning of the year |
||||||
Current assets: |
| |||||||
Bank balances and cash |
1,861,604,958 | 1,268,514,534 | ||||||
Bill and trade receivables |
4,123,845,281 | 4,142,209,628 | ||||||
Prepayments |
48,760,202 | 39,143,794 | ||||||
Other receivables |
134,005,851 | 152,917,336 | ||||||
Inventories |
330,569,474 | 330,727,259 | ||||||
Assets held for sale |
2,183,207 | 2,183,207 | ||||||
Other current assets |
73,558,887 | 122,189,663 | ||||||
|
|
|
|
|||||
Total current assets |
6,574,527,860 | 6,057,885,421 | ||||||
|
|
|
|
|||||
Non-current assets: |
| |||||||
Available-for-sale financial assets |
| 296,413,799 | ||||||
Long-term receivables |
25,220,538 | 31,274,642 | ||||||
Long-term equity investments |
180,056,588 | 174,548,264 | ||||||
Investment in other equity instruments |
321,246,040 | | ||||||
Fixed assets |
23,225,231,969 | 23,615,744,099 | ||||||
Constructions-in-progress |
1,580,889,619 | 1,430,671,285 | ||||||
Intangible assets |
1,941,128,553 | 1,981,672,460 | ||||||
Goodwill |
281,254,606 | 281,254,606 | ||||||
Long-term prepaid expenses |
46,955,313 | 33,400,574 | ||||||
Deferred income tax assets |
53,995,748 | 37,004,667 | ||||||
Other non-current assets |
134,741,312 | 54,369,091 | ||||||
|
|
|
|
|||||
Total non-current assets |
27,790,720,286 | 27,936,353,487 | ||||||
|
|
|
|
|||||
Total assets |
34,365,248,146 | 33,994,238,908 | ||||||
|
|
|
|
8
Combined Balance Sheet (Continued)
30 September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Balance at the end of the period |
Balance at the beginning of the year |
||||||
Current liabilities: |
| |||||||
Bill and trade payables |
2,946,476,917 | 3,539,624,089 | ||||||
Receipts in advance |
720,537,304 | 152,011,005 | ||||||
Staff remuneration payable |
223,732,413 | 209,172,084 | ||||||
Tax payable |
209,913,743 | 219,399,947 | ||||||
Other payables |
1,095,375,848 | 1,044,768,977 | ||||||
|
|
|
|
|||||
Total current liabilities |
5,196,036,225 | 5,164,976,102 | ||||||
|
|
|
|
|||||
Non-current liabilities: |
| |||||||
Deferred income |
107,291,131 | 105,791,256 | ||||||
Deferred income tax liabilities |
64,521,188 | 66,390,731 | ||||||
|
|
|
|
|||||
Total non-current liabilities |
171,812,319 | 172,181,987 | ||||||
|
|
|
|
|||||
Total liabilities |
5,367,848,544 | 5,337,158,089 | ||||||
|
|
|
|
|||||
Owners equity (or shareholders equity): |
| |||||||
Paid-in capital (or share capital) |
7,083,537,000 | 7,083,537,000 | ||||||
Capital reserves |
11,562,737,107 | 11,562,737,107 | ||||||
Other comprehensive income |
181,940,940 | 181,940,940 | ||||||
Surplus reserves |
2,922,608,538 | 2,927,575,310 | ||||||
Retained earnings |
7,281,272,913 | 6,928,886,126 | ||||||
|
|
|
|
|||||
Total equity attributable to owners of the parent |
29,032,096,498 | 28,684,676,483 | ||||||
|
|
|
|
|||||
Minority interests |
(34,696,896 | ) | (27,595,664 | ) | ||||
|
|
|
|
|||||
Total owners equity (or shareholders equity) |
28,997,399,602 | 28,657,080,819 | ||||||
|
|
|
|
|||||
Total liabilities and owners equity (or shareholders equity) |
34,365,248,146 | 33,994,238,908 | ||||||
|
|
|
|
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
9
Company Balance Sheet
30 September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Balance at the end of the period |
Balance at the beginning of the year |
||||||
Current assets: |
| |||||||
Bank balances and cash |
1,849,458,502 | 1,251,528,280 | ||||||
Bill and trade receivables |
4,113,065,206 | 4,137,660,553 | ||||||
Prepayments |
48,627,828 | 39,043,755 | ||||||
Other receivables |
197,195,535 | 191,680,767 | ||||||
Inventories |
324,593,431 | 326,211,425 | ||||||
Assets held for sale |
2,183,207 | 2,183,207 | ||||||
Other current assets |
72,202,777 | 121,708,734 | ||||||
|
|
|
|
|||||
Total current assets |
6,607,326,486 | 6,070,016,721 | ||||||
|
|
|
|
|||||
Non-current assets: |
| |||||||
Available-for-sale financial assets |
| 294,695,920 | ||||||
Long-term receivables |
25,220,538 | 31,274,642 | ||||||
Long-term equity investments |
261,418,047 | 257,669,723 | ||||||
Investment in other equity instruments |
319,528,161 | | ||||||
Fixed assets |
23,134,249,496 | 23,524,239,879 | ||||||
Constructions-in-progress |
1,580,889,619 | 1,429,670,241 | ||||||
Intangible assets |
1,647,051,428 | 1,679,096,703 | ||||||
Goodwill |
281,254,606 | 281,254,606 | ||||||
Long-term prepaid expenses |
46,795,316 | 33,149,914 | ||||||
Deferred income tax assets |
65,606,689 | 48,618,856 | ||||||
Other non-current assets |
105,265,327 | 24,109,507 | ||||||
|
|
|
|
|||||
Total non-current assets |
27,467,279,227 | 27,603,779,991 | ||||||
|
|
|
|
|||||
Total assets |
34,074,605,713 | 33,673,796,712 | ||||||
|
|
|
|
10
Company Balance Sheet (Continued)
30 September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Balance at the end of the period |
Balance at the beginning of the period |
||||||
Current liabilities: |
||||||||
Bill and trade payables |
2,929,343,737 | 3,522,811,262 | ||||||
Receipts in advance |
720,320,769 | 151,831,456 | ||||||
Staff remuneration payable |
221,218,779 | 206,894,200 | ||||||
Tax payable |
208,898,976 | 208,377,825 | ||||||
Other payables |
751,322,567 | 712,398,974 | ||||||
|
|
|
|
|||||
Total current liabilities |
4,831,104,828 | 4,802,313,717 | ||||||
|
|
|
|
|||||
Non-current liabilities: |
||||||||
Deferred income |
107,291,131 | 105,791,256 | ||||||
|
|
|
|
|||||
Total non-current liabilities |
107,291,131 | 105,791,256 | ||||||
|
|
|
|
|||||
Total liabilities |
4,938,395,959 | 4,908,104,973 | ||||||
|
|
|
|
|||||
Owners equity (or shareholders equity): |
||||||||
Paid-in capital (or share capital) |
7,083,537,000 | 7,083,537,000 | ||||||
Capital reserves |
11,564,461,609 | 11,564,461,609 | ||||||
Other comprehensive income |
181,940,940 | 181,940,940 | ||||||
Surplus reserves |
2,922,608,538 | 2,927,575,310 | ||||||
Retained earnings |
7,383,661,667 | 7,008,176,880 | ||||||
|
|
|
|
|||||
Total owners equity (or shareholders equity) |
29,136,209,754 | 28,765,691,739 | ||||||
|
|
|
|
|||||
Total liabilities and owners equity (or shareholders equity) |
34,074,605,713 | 33,673,796,712 | ||||||
|
|
|
|
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
11
Combined Statement of Profit
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount for the period (Jul-Sep) |
Amount for the previous period (Jul-Sep) |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||||||||
I. Total revenues from operation |
5,054,145,840 | 4,755,674,699 | 14,581,919,208 | 13,167,657,172 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Include: Revenues from operation |
5,054,145,840 | 4,755,674,699 | 14,581,919,208 | 13,167,657,172 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
II. Total operating costs |
4,631,618,995 | 4,253,216,075 | 13,270,339,505 | 11,993,612,381 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Include: Operating costs |
4,552,509,954 | 4,176,011,401 | 13,039,362,078 | 11,780,233,948 | ||||||||||||
Business tax and surcharges |
10,151,783 | 17,241,804 | 38,494,274 | 46,199,021 | ||||||||||||
Selling expenses |
184,466 | 1,265,286 | 368,932 | 3,162,602 | ||||||||||||
Management expenses |
73,243,092 | 61,275,756 | 212,747,706 | 170,816,210 | ||||||||||||
Finance costs |
(4,470,300 | ) | (2,621,580 | ) | (17,179,851 | ) | (7,030,515 | ) | ||||||||
Include: Interest income |
(7,464,835 | ) | (5,657,105 | ) | (16,937,070 | ) | (13,996,647 | ) | ||||||||
Assets impairment loss |
| | 202,518 | | ||||||||||||
Credit impairment loss |
| 43,408 | (3,656,152 | ) | 231,115 | |||||||||||
Add: Other gains |
4,425,171 | 4,920,467 | 7,276,685 | 7,723,889 | ||||||||||||
Gains from investments (loss denoted by ) |
1,234,947 | 7,838,900 | 11,983,201 | 14,539,010 | ||||||||||||
Include: Gains from investments in associates and joint ventures |
1,232,690 | 1,366,048 | 5,508,324 | 8,066,158 | ||||||||||||
III. Profit from operation (loss denoted by ) |
428,186,963 | 515,217,991 | 1,330,839,589 | 1,196,307,690 | ||||||||||||
Add: Non-operating income |
1,774,832 | 1,475,368 | 4,130,043 | 3,072,822 | ||||||||||||
Less: Non-operating expenses |
28,465,910 | 14,661,891 | 60,305,575 | 24,375,684 |
12
Combined Statement of Profit (Continued)
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount for the period (Jul-Sep) |
Amount for the previous period (Jul-Sep) |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||||||||
IV. Gross profit (gross loss denoted by ) |
401,495,885 | 502,031,468 | 1,274,664,057 | 1,175,004,828 | ||||||||||||
Less: Income tax expenses |
93,058,002 | 122,026,386 | 314,640,273 | 288,780,879 | ||||||||||||
V. Net profit (net loss denoted by ) |
308,437,883 | 380,005,082 | 960,023,784 | 886,223,949 | ||||||||||||
(1) Classification by continuous operation |
||||||||||||||||
1. Net profit from continuous operations (net loss denoted by |
308,437,883 | 380,005,082 | 960,023,784 | 886,223,949 | ||||||||||||
2. Net profit from discontinued operations (net loss denoted by ) |
| | | | ||||||||||||
(2) Classification by ownership of equity |
||||||||||||||||
1. Net profit attributable to owners of the parent |
309,689,988 | 379,769,770 | 963,776,130 | 888,485,481 | ||||||||||||
2. Profit or loss of minority shareholders |
(1,252,105 | ) | 235,312 | (3,752,346 | ) | (2,261,532 | ) | |||||||||
VI. Net other comprehensive income after tax |
| | | | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
VII. Total comprehensive income |
308,437,883 | 380,005,082 | 960,023,784 | 886,223,949 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total comprehensive income attributable to owners of the parent |
309,689,988 | 379,769,770 | 963,776,130 | 888,485,481 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total comprehensive income attributable to minority shareholders |
(1,252,105 | ) | 235,312 | (3,752,346 | ) | (2,261,532 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||
VIII. Earnings per share: |
||||||||||||||||
(1) Basic earnings per share (¥/share) |
0.044 | 0.054 | 0.136 | 0.125 | ||||||||||||
(2) Diluted earnings per share (¥/share) |
0.044 | 0.054 | 0.136 | 0.125 |
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
13
Company Statement of Profit
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount for the period (Jul-Sep) |
Amount for the previous period (Jul-Sep) |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||||||||
I. Revenues from operation |
4,994,094,812 | 4,662,195,218 | 14,411,267,205 | 12,921,280,198 | ||||||||||||
Less: Operating costs |
4,495,024,352 | 4,105,614,253 | 12,882,055,668 | 11,581,303,400 | ||||||||||||
Tax and surcharges |
9,753,516 | 16,422,235 | 37,506,818 | 44,012,390 | ||||||||||||
Selling expenses |
184,466 | 1,263,436 | 368,932 | 3,159,342 | ||||||||||||
Management expenses |
66,796,793 | 49,246,531 | 195,239,276 | 128,078,254 | ||||||||||||
Finance costs |
(4,377,396 | ) | (2,461,223 | ) | (16,826,716 | ) | (6,569,399 | ) | ||||||||
Include: Interest income |
(7,325,844 | ) | (5,460,615 | ) | (16,449,126 | ) | (13,420,804 | ) | ||||||||
Assets impairment loss |
| | 202,518 | | ||||||||||||
Credit impairment loss |
| 43,408 | (3,661,905 | ) | 81,115 | |||||||||||
Add: Other gains |
4,425,171 | 4,920,467 | 7,276,685 | 7,723,889 | ||||||||||||
Gains from investments (loss denoted by ) |
9,154,288 | 7,838,900 | 35,450,247 | 27,318,565 | ||||||||||||
Include: Gains from investments in associates and joint ventures |
1,232,690 | 1,366,048 | 5,508,324 | 8,066,158 | ||||||||||||
II. Profit from operation (loss denoted by ) |
440,292,540 | 504,825,945 | 1,359,109,546 | 1,206,257,550 | ||||||||||||
Add: Non-operating income |
1,698,837 | 552,413 | 3,705,436 | 2,141,347 | ||||||||||||
Less: Non-operating expenses |
27,834,679 | 14,594,034 | 59,615,763 | 24,284,606 | ||||||||||||
III. Gross profit (gross loss denoted by ) |
414,156,698 | 490,784,324 | 1,303,199,219 | 1,184,114,291 | ||||||||||||
Less: Income tax expenses |
93,694,588 | 120,467,184 | 316,330,523 | 286,823,221 |
14
Company Statement of Profit (Continued)
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount for the period (Jul-Sep) |
Amount for the previous period (Jul-Sep) |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||||||||
IV. Net profit (net loss denoted by ) |
320,462,110 | 370,317,140 | 986,868,696 | 897,291,070 | ||||||||||||
(1) Net profit from continuous operations (net loss denoted by |
320,462,110 | 370,317,140 | 986,868,696 | 897,291,070 | ||||||||||||
(2) Net profit from discontinued operations (net loss denoted by ) |
| | | | ||||||||||||
V. Net other comprehensive income after tax |
| | | | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
VI. Total comprehensive income |
320,462,110 | 370,317,140 | 986,868,696 | 897,291,070 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
VII. Earnings per share: |
||||||||||||||||
(1) Basic earnings per share (¥/share) |
N/A | N/A | N/A | N/A | ||||||||||||
(2) Diluted earnings per share (¥/share) |
N/A | N/A | N/A | N/A |
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
15
Combined Cash Flow Statement
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||
I. Cash flows from operating activities: |
||||||||
Cash received from sales of goods or rendering of services |
11,383,647,055 | 11,267,536,929 | ||||||
Cash received relating to other operating activities |
93,726,000 | 54,359,372 | ||||||
|
|
|
|
|||||
Sub-total of cash inflows from operating activities |
11,477,373,055 | 11,321,896,301 | ||||||
|
|
|
|
|||||
Cash paid for goods purchased and services accepted |
3,223,083,653 | 3,582,846,307 | ||||||
Cash paid to and on behalf of employees |
5,181,225,090 | 4,802,615,583 | ||||||
Tax paid |
435,548,032 | 695,421,037 | ||||||
Cash paid relating to other operating activities |
84,479,172 | 85,955,289 | ||||||
|
|
|
|
|||||
Sub-total of cash outflows from operating activities |
8,924,335,947 | 9,166,838,216 | ||||||
|
|
|
|
|||||
Net cash flows from operating activities |
2,553,037,108 | 2,155,058,085 | ||||||
II. Cash flows from investing activities: |
| |||||||
Cash received from gains from investments |
6,472,620 | 6,472,851 | ||||||
Net cash received from disposal of fixed assets, intangible assets and other long-term assets |
522,677,504 | 753,814 | ||||||
Cash received relating to other investing activities |
887,000 | 887,000 | ||||||
|
|
|
|
|||||
Sub-total of cash inflows from investing activities |
530,037,124 | 8,113,665 | ||||||
|
|
|
|
|||||
Cash paid to construct fixed assets, intangible assets and other long-term assets |
1,894,916,492 | 1,720,660,080 | ||||||
Cash paid relating to other investing activities |
24,832,241 | | ||||||
|
|
|
|
|||||
Sub-total of cash outflows from investing activities |
1,919,748,733 | 1,720,660,080 | ||||||
|
|
|
|
|||||
Net cash flows from investing activities |
(1,389,711,609 | ) | (1,712,546,415 | ) |
16
Combined Cash Flow Statement (Continued)
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||
III. Cash flows from financing activities: |
| |||||||
Cash for distribution of dividends, profits or repayment of interest payments |
570,031,845 | 356,326,856 | ||||||
|
|
|
|
|||||
Sub-total of cash outflows from financing activities |
570,031,845 | 356,326,856 | ||||||
|
|
|
|
|||||
Net cash flows from financing activities |
(570,031,845 | ) | (356,326,856 | ) | ||||
IV. Effect of foreign exchange rate changes on cash and cash equivalents |
| | ||||||
V. Net increase in cash and cash equivalents |
593,293,654 | 86,184,814 | ||||||
Add: Balance of cash and cash equivalents at the beginning of the period |
1,160,311,304 | 1,359,656,179 | ||||||
VI. Balance of cash and cash equivalents at the end of the period |
1,753,604,958 | 1,445,840,993 |
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
17
Company Cash Flow Statement
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||
I. Cash flows from operating activities: |
||||||||
Cash received from sales of goods or rendering of services |
11,207,306,403 | 10,995,548,269 | ||||||
Cash received relating to other operating activities |
67,552,939 | 38,918,022 | ||||||
Sub-total of cash inflows from operating activities |
11,274,859,342 | 11,034,466,291 | ||||||
Cash paid for goods purchased and services accepted |
3,171,971,952 | 3,500,082,186 | ||||||
Cash paid to and on behalf of employees |
5,061,360,827 | 4,650,397,652 | ||||||
Tax paid |
417,319,995 | 675,451,691 | ||||||
Cash paid relating to other operating activities |
101,439,072 | 79,633,484 | ||||||
|
|
|
|
|||||
Sub-total of cash outflows from operating activities |
8,752,091,846 | 8,905,565,013 | ||||||
|
|
|
|
|||||
Net cash flows from operating activities |
2,522,767,496 | 2,128,901,278 | ||||||
II. Cash flows from investing activities: |
||||||||
Cash received from investments |
9,681,597 | | ||||||
Cash received from gains from investments |
25,170,128 | 21,574,360 | ||||||
Net cash received from disposal of fixed assets, intangible assets and other long-term assets |
522,671,905 | 747,533 | ||||||
Cash received relating to other investing activities |
825,000 | 825,000 | ||||||
|
|
|
|
|||||
Sub-total of cash inflows from investing activities |
558,348,630 | 23,146,893 | ||||||
|
|
|
|
|||||
Cash paid to construct fixed assets, intangible assets and other long-term assets |
1,891,670,703 | 1,720,255,849 | ||||||
Cash paid relating to other investing activities |
24,832,241 | | ||||||
Sub-total of cash outflows from investing activities |
1,916,502,944 | 1,720,255,849 | ||||||
|
|
|
|
|||||
Net cash flows from investing activities |
(1,358,154,314 | ) | (1,697,108,956 | ) |
18
Company Cash Flow Statement (Continued)
January to September 2018
Prepared by: Guangshen Railway Company Limited | Unit: ¥ | Currency: RMB | Audit type: Unaudited |
Items |
Amount from the beginning of the year to the end of the reporting period (Jan-Sep) |
Amount from the beginning of the previous year to the end of the reporting period (Jan-Sep) |
||||||
III. Cash flows from financing activities: |
| |||||||
Cash for distribution of dividends, profits or repayment of interest payments |
566,682,960 | 356,326,856 | ||||||
Sub-total of cash outflows from financing activities |
566,682,960 | 356,326,856 | ||||||
Net cash flows from financing activities |
(566,682,960 | ) | (356,326,856 | ) | ||||
IV. Effect of foreign exchange rate changes on cash and cash equivalents |
| | ||||||
V. Net increase in cash and cash equivalents |
597,930,222 | 75,465,466 | ||||||
Add: Balance of cash and cash equivalents at the beginning of the period |
1,151,528,280 | 1,349,474,716 | ||||||
VI. Balance of cash and cash equivalents at the end of the period |
1,749,458,502 | 1,424,940,182 |
Chairman: Wu Yong General Manager: Hu Lingling Chief Accountant: Tang Xiangdong Chief of Finance Department: Lin Wensheng
4.2 | Audit Report |
☐ Applicable ✓ Not applicable
19
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