大华股份:2021年第三季度报告（英文版）

2021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Stock Code: 002236 Stock Abbreviation: Dahua Notification No.: 2021-117
Zhejiang Dahua Technology Co. Ltd.2021 Q3 Report
The Company and all members of the Board of Directors hereby guarantee that
the information disclosed herein is authentic accurate and complete and free of any
false records misleading statements or material omissions.Important Notice:
1. The Board of Directors the Board of Supervisors directors supervisors and senior
management members of the Company hereby guarantee that the information presented in
this quarterly report is authentic accurate complete and free of any false records
misleading statements or material omissions and they will bear joint and several liability for
such information.
2. The Company's legal representative chief accountant and person in charge of
accounting institution (Accounting Officer) hereby declare and warrant that the financial
statements in the quarterly report are authentic accurate and complete.
3. Whether the Q3 report has been audited.
□ Yes √ No
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Whether the Company needs retroactive adjustment or restatement of accounting data in prior years or not
□ Yes √ No
Increase/Decrease of Increase/Decrease of the
the Current Reporting From the Beginning of Period from the Beginning of
The Current Period the Year to the End of the Year to the End of the
Reporting Period Compared with the the Current Reporting Current Reporting Period
Same Period of the Period Compared with the Same
Previous Year Period of the Previous Year
Operating Revenue
7980099801.3726.11%21485105535.2632.90%
(RMB)
Net Profit Attributable
to Shareholders of the
755871328.43-48.09%2399047215.98-15.08%
Listed Company
(RMB)
Net Profit Attributable
to Shareholders of the
Listed Company After
698121885.2056.50%2137713932.4223.12%
Deducting
Non-Recurring Gains
and Losses (RMB)
12021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Net Cash Flow
Generated by
————-1213296065.50-195.69%
Operational Activities
(RMB)
Basic Earnings per
0.26-48.00%0.81-16.49%
Share (RMB/Share)
Diluted Earnings per
0.26-48.00%0.81-16.49%
Share (RMB/Share)
Weighted Average
3.45%-4.75%11.36%-5.15%
ROE
At the End of the Increase/Decrease at the End of the Current
At the End of the
Current Reporting Reporting Period Compared with the End of the
Previous Year
Period Previous Year
Total Assets (RMB) 41530189083.92 36595034080.75 13.49%
Owners' Equity
Attributable to
Shareholders of the 22659120581.70 19773030426.40 14.60%
Listed Company (Unit:
RMB)
(II) Non-recurring Gains or Losses and Their Amounts
√ Applicable □ Not applicable
Unit: RMB
The Amount from the
Amount in the
Beginning of the Year to
Item Current Reporting
the End of the Current
Period
Reporting Period
Profits or losses from disposal of non-current assets (including the write-off
19464968.2952091462.91
for the accrued impairment of assets)
The government subsidies included in the current profits and losses
(excluding the government subsidies closely related to regular businesses
56971239.95128060831.11
of the Company in line with national policies and consecutively received
by a standard quota or quantity)
Gains or losses from investment or asset management entrusted to others 38009608.95 110959301.55
Profits and losses resulting from the changes in fair value for holding
trading financial assets and trading financial liabilities and investment
income from disposal of trading financial assets trading financial liabilities -6466471.78 71959225.75
and financial assets available for trading excluding the effective hedging
businesses related to the regular business operation of the Company
Non-operating revenue and expenses other than the above -4145081.84 -2075738.28
Other gains and losses items that fit the definition of non-recurring gains
5848.54175494.33
and losses
Less: Impact of income tax 21734984.55 64705465.34
Impact of minority equity (after tax) 24355684.33 35131828.47
Total 57749443.23 261333283.56
Other gains or losses that fit the definition of non-recurring gains or losses:
□ Applicable √ Not applicable
The Company has no other gains or losses that fit the definition of non-recurring gains or losses.
22021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Note for the definition of non-recurring gains and losses set out in the No. 1 Explanatory Announcement on Information
Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as recurring gains and
losses.□ Applicable √ Not applicable
The Company did not define any non-recurring gains and losses set out in the No. 1 Explanatory Announcement on
Information Disclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as
recurring gains and losses.(III) The Changes in Key Accounting Data and Financial Indicators and the Reasons
√ Applicable □ Not applicable
(I) The changes of assets and liabilities and the reasons
1. Trading financial assets increased by 237.08% compared with the end of the previous year mainly
due to changes in the fair value of derivative financial instruments in this period;
2. Prepayments increased by 47.69% compared with the end of the previous year mainly due to the
Company's increased stocking;
3. Other receivables decreased by 37.58% compared with the end of the previous year mainly due to
the collection of RMB360 million equity transfer receivables of the previous year in the period;
4. Inventory increased by 68.08% compared with the end of the previous year mainly due to the rising
price of raw materials the Company's increased stocking for expansion;
5. Other current assets increased by 112.20% compared with the end of the previous year mainly due to
the reverse repurchase of RMB350 million treasury bonds in the current period compared with the end of
the previous year and the increase in input tax to be deducted;
6. Long-term equity investment increased by 138.97% compared with the end of the previous year
mainly due to changes in owners' equity of the Company's associates in the current period and the
recognition of corresponding shares by the Company accordingly according to the shareholding ratio;
7. Other non-current financial assets increased by 164.60% compared with the end of the previous year
mainly due to investment of RMB500 million in new asset management plans in this period;
8. Fixed assets increased by 36.28% compared with the end of the previous year mainly due to the
completion of the Dahua Intelligent (IoT) Industrial Park Construction Project Phase II and its transfer
into fixed assets;
9. The right-of-use assets increased by 100% compared with the end of the previous year mainly due to
the implementation of the new lease standards and related statement adjustment in this period.
10. Intangible assets increased by 44.65% compared with the end of the previous year mainly due to the
newly purchased land in this period.
11. Long-term deferred expenses increased by 44.09% compared with the end of the previous year
mainly due to increase in fees for premise decoration in this period;
12. Short-term loans increased by 220.17% compared with the end of the previous year mainly due to
the increase of short-term bank borrowings in this period;
13. Contract liabilities increased by 49.77% compared with the end of the previous year mainly due to
32021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
the increase of contract advances received in this period;
14. The salary payable to employees decreased by 36.38% compared with end of the previous year
mainly due to the issuance of year-end bonus in this period;
15. The taxes payable decreased by 46.48% compared with the end of the previous year mainly due to
the decrease in VAT payable and corporate income tax payable;
16. Other payables decreased by 34.74% compared with the end of the previous year mainly due to the
reduction of obligation to repurchase restricted stocks;
17. Non-current liabilities due within one year increased by 473.12% compared with the end of the
previous year mainly due to the increase in long-term bank borrowings due within one year and lease
liabilities due within one year;
18. Long-term borrowings increased by 76.88% compared with the end of the previous year mainly due
to the increase of long-term bank borrowings in this period;
19. Lease liabilities increased by 100% compared with the end of the previous year mainly due to the
implementation of the new lease standards and related statement adjustments in this period;
20. Capital reserve increased by 48.14% compared with the end of the previous year mainly due to the
confirmed increase of other rights and interests of shareholding companies in this period;
21. Treasury shares decreased by 52.37% compared with the end of the previous year mainly due to
the reduction of repurchase obligation due to the unlocking of restricted stocks;
22. Other comprehensive incomes increased by 45.34% compared with the end of the previous year
mainly due to the increase brought by foreign currency statement translation.(II) The changes of items in the income statement and the reasons
1. Operating revenue increased by 32.90% compared with same period of the previous year mainly due
to expansion of the company's sales scale;
2. Operating cost increased by 43.57% compared with same period of the previous year mainly due to
cost increase arising from rising revenue;
3. Financial expenses decreased by 46.34% compared with same period of the previous year mainly
due to the increase in interest income and the decrease in exchange losses compared with same period
of the previous year;
4. Investment income decreased by 113.26% compared with same period of the previous year mainly
due to the decrease of equity transfer income and the increase in investment losses recognized for
shareholding companies compared with the same period of the previous year;
5. Income from changes in fair value increased by 768.60% compared with same period of the previous
year mainly due to fair value changes of asset management plans in this period;
6. Credit impairment losses increased by 103.64% compared with same period of the previous year
mainly due to the increase in provision for bad debts accrued in this period compared with the same
period of the previous year;
7. Asset impairment losses decreased by 66.11% compared with same period of the previous year
mainly due to the decrease of accrued reserve for stock depreciation in this period compared with the
42021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
same period of the previous year;
8. Income from disposal of assets increased by 48262.64% compared with same period of the previous
year mainly due to the increase in fixed assets disposal in this period compared with the same period of
the previous year.(III) The changes of items in the cash flow statement and the reasons
1. The net cash flows from operating activities decreased by 195.69% compared with same period of the
previous year mainly due to the Company's increased stocking in this period;
2. The net cash flows from investment activities decreased by 358.03% compared with same period of
the previous year mainly due to the increase in expenses for acquisition and construction of fixed assets
the increase of net cash outflows from entrusted wealth management and investments in financial
derivatives and decrease in cash received from disposal of subsidiaries in this period compared with the
same period of the previous year.II. Information on Shareholders
(I) The total number of common shareholders the number of preferred shareholders with
restored voting rights and shareholding status of the top 10 shareholders
Unit: share
Total Number of Preferred Shareholders (If
Total Number of Common Shareholders at
107122 Any) Whose Voting Rights have been 0
The End of The Reporting Period
Recovered at the End of the Reporting Period
The shareholdings of the top 10 shareholders
Number of Pledged Marked or Frozen
Number of
Nature of Shareholding Shares Held with Shares
Name of Shareholder Shares
Shareholder Percentage Limited Sales
Held State Of
Conditions Number Shares
Domestic
10238689
Fu Liquan Natural 34.18% 767901735 Pledge 196127942
80
Person
Domestic
16057749
Zhu Jiangming Natural 5.36% 120433117 Pledge 20300000
0
Person
Hong Kong Securities Clearing Overseas 13873126
4.63%0
Co. Ltd. Legal Person 7
Domestic
Chen Ailing Natural 2.38% 71262813 53447110 Pledge 21100000
Person
Domestic
Wu Jun Natural 2.31% 69250886 51938164
Person
China Galaxy Securities Co. State-owned
1.43%427995510
Ltd. Legal Person
Industrial and Commercial
Bank of China Limited - Zhong
Ou China Value Premier Others 1.38% 41483700 0
Selection Return Hybrid
Securities Investment Fund
China Securities Finance Co. Domestic
Ltd. Non-state-ow
1.32%396112410
ned Legal
52021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Person
Agricultural Bank of China Co.Ltd.- China International Fund
Management Emerging Power Others 0.96% 28866428 0
Hybrid Securities Investment
Fund
Shanghai Greenwoods Assets
Management Co. Ltd. - Others 0.87% 26096493 0
Greenwoods Global Fund
Shareholding List of Top Ten Shareholders Without Limited Sales Condition
Number of Shares Held without Limited Type of Shares
Name of Shareholder
Sales Condition Type of Shares Number
RMB common
Fu Liquan 255967245 255967245
stock
RMB common
Hong Kong Securities Clearing Co. Ltd. 138731267 138731267
stock
RMB common
China Galaxy Securities Co. Ltd. 42799551 42799551
stock
Industrial and Commercial Bank of China
Limited - Zhong Ou China Value Premier RMB common
4148370041483700
Selection Return Hybrid Securities stock
Investment Fund
RMB common
Zhu Jiangming 40144373 40144373
stock
RMB common
China Securities Finance Co. Ltd. 39611241 39611241
stock
Agricultural Bank of China Co. Ltd.- China
RMB common
International Fund Management Emerging 28866428 28866428
stock
Power Hybrid Securities Investment Fund
Shanghai Greenwoods Assets Management RMB common
2609649326096493
Co. Ltd. - Greenwoods Global Fund stock
RMB common
National Social Security Fund 111 24137331 24137331
stock
China Merchants Bank Co. Ltd. - Yinhua
RMB common
Xinyi Flexible Allocation Hybrid Securities 22112659 22112659
stock
Investment Fund
Description of the Association Relationship or Mr. Fu Liquan And Ms. Chen Ailing Are Husband and Wife. The Company
Concerted Action of Above-Mentioned Is Unaware of Whether Other Shareholders Have Associated Relationship
Shareholders or Are Persons Acting in Concert.Explanation on Top Ten Shareholders’
Participation in Securities Margin Trading (If N/A
Any)
(II) The total number of preferred shareholders and the shareholdings of the top 10 preferred
shareholders
□ Applicable √ Not applicable
III. Other Significant Matters
√ Applicable □ Not applicable
1. On March 26 2021 the Proposal on the Company’s Plan for the Non-public Issuance of Shares
th
in 2021 and other related proposals were reviewed and approved at the Company's 12 session of the
th th th
7 board of directors and the 8 session of the 7 board of supervisors. The company planned to issue
62021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
312151600 non-public shares and the total amount of funds raised did not exceed RMB 5.6 billion
(inclusive). The target company of this non-public issuance is China Mobile Capital Holdings Co. Ltd.which is the wholly-owned subsidiary of China Mobile Communications Group Co. Ltd.. Matters related
to the non-public issuance have been reviewed and approved by the 2020 shareholders’ meeting.The Company disclosed respectively on June 3 2021 and June 17 2021 the Announcement on
the Acceptance of the Non-public Issuance Application by the CSRC and the Announcement on
Receiving the First Feedback Given by the CSRC on the Review of Administrative Permits
(Announcement number: 2021-073 2021-078).
On July 5 2021 the Proposal on Adjusting the Company’s Plan for the Non-public Issuance of
Shares in 2021 and other proposals related to the issuance were reviewed and approved at the
th th th th
Company’s 19 session of the 7 board of directors and the 12 session of the 7 board of supervisors.As adjusted the company planned to issue no more than 288624700 non-public shares and the total
amount of funds raised will not exceed RMB 5.1 billion (inclusive). The target company of this non-public
issuance is China Mobile Capital Holdings Co. Ltd. which is the wholly-owned subsidiary of China
Mobile Communications Group Co. Ltd. On the same day the Company disclosed the Reply of Zhejiang
Dahua Technology Co. Ltd. to the Feedback on the Application for the Non-public Issuance of Shares.The non-public issuance plan can only be implemented after being approved by the CSRC. The
announcements above have been disclosed through the designated media Securities Times and Juchao
Information Network (http://www.cninfo.com.cn).
2. On September 28 2021 the Proposal on Preparing the Spin-off Listing of the Holding Subsidiary
was reviewed and approved at the 21st session of the 7th board of directors and the 14th session of the
7th board of supervisors. The Company's board of directors authorized the management to launch the
preliminary preparation for the spin-off listing of its holding subsidiary Zhejiang Huarui Technology Co.Ltd. on a domestic stock exchange which includes but is not limited to verifying the feasibility plan
preparing the listing plan signing agreements involved in the preparation and other matters related to
the listing as well as submitting the listing plan and other matters related to the listing respectively to the
board of directors and shareholders' meeting for review after the spin-off listing plan is determined. For
more details see the Indicative Announcement on Preparing the Spin-off Listing of the Holding
Subsidiary (Announcement No.2021-113) disclosed by the Company on September 29 2021.IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Zhejiang Dahua Technology Co. Ltd.September 30 2021
Unit: RMB
Item September 30 2021 December 31 2020
72021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Current Assets:
Cash and Bank Balances 5900823999.97 7471652634.66
Deposit Reservation for Balance
Loans to Banks and Other Financial Institutions
Trading Financial Assets 8345068.23 2475680.45
Derivative Financial Assets
Notes Receivable 701638559.29 232857354.55
Accounts Receivable 13371801715.74 12857519110.16
Receivables Financing 598769005.58 1207879654.58
Prepayments 239634123.12 162250648.05
Premium Receivable
Reinsurance Accounts Receivable
Reinsurance Contract Reserves Receivable
Other Receivables 605771161.97 970427893.48
Including: Interest Receivable
Dividends Receivable
Buying Back the Sale of Financial Assets
Inventory 8283057482.39 4928019838.00
Contract Assets 85259302.29 84825834.82
Holding For-sale Assets
Non-current Assets Due within 1 Year 612170843.45 635956549.07
Other Current Assets 1185003174.64 558434219.93
Subtotal of Current Assets 31592274436.67 29112299417.75
Non-current Assets:
Granting of Loans and Advances
Investment in Creditor's Rights
Investment in Other Creditor's Rights
Long-term Receivables 2001039216.28 2250315769.50
Long-term Equity Investment 1089634983.73 455977616.16
Investment in Other Equity Instruments
Other Non-current Financial Assets 952809855.12 360087786.34
Investment Property 321183939.71 336008869.13
Fixed Assets 2065446363.02 1515594629.97
Projects under Construction 1471737678.05 1164130453.03
Productive Biological Assets
Oil and Gas Assets
Right-of-use Assets 255393988.22
Intangible Assets 588418323.99 406777323.39
Development Expenditure
Goodwill 42685490.30 42685490.30
Long-term Deferred Expenses 46512381.53 32280430.67
Deferred Income Tax Assets 1011564028.24 832453676.69
Other Non-current Assets 91488399.06 86422617.82
Subtotal of Non-current Assets 9937914647.25 7482734663.00
Total Assets 41530189083.92 36595034080.75
Current Liabilities:
82021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Short-term Loan 800996316.75 250177083.34
Borrowings from the Central Bank
Borrowings from Banks and Other Financial Institutions
Transactional Financial Liabilities
Derivative Financial Liabilities
Notes Payable 4057933186.57 3258552758.17
Accounts Payable 6612618680.99 6444787705.28
Received Prepayments
Contract Liabilities 1005120996.39 671120385.08
Financial Assets Sold for Repurchase
Deposit Taking and Interbank Deposit
Receiving from Vicariously Traded Securities
Receiving from Vicariously Sold Securities
Payroll Payable 1148623235.11 1805464535.31
Tax Payable 481784866.40 900144863.67
Other Payables 633378687.35 970552877.22
Including: Interest Payable
Dividends Payable 16060762.89 12982399.27
Service Charge and Commission Payable
Reinsurance Accounts Payable
Holding For-sale Liabilities
Non-current Liabilities Due within 1 Year 870522409.77 151891709.34
Other Current Liabilities 246359645.17 209401914.77
Subtotal of Current Liabilities 15857338024.50 14662093832.18
Non-current Liabilities:
Insurance Contract Reserves
Long-term Loan 1553000000.00 878000000.00
Bonds Payable
Including: Preferred Stocks
Perpetual Bonds
Lease Liabilities 144547776.98
Long-term Payables
Long-term Payroll Payable
Expected Liabilities 260155803.24 282427517.82
Deferred Income 105117255.53 110469806.29
Deferred Income Tax Liabilities 75145796.36 67272768.46
Other Non-current Liabilities 353000628.39 391128045.90
Subtotal of Non-current Liabilities 2490967260.50 1729298138.47
Total Liabilities 18348305285.00 16391391970.65
Shareholders' Equity:
Share Capital 2994550730.00 2995579590.00
Other Equity Instruments
Including: Preferred Stocks
Perpetual Bonds
Capital Reserves 2947512711.28 1989655334.05
Less: Treasury Share 277169524.09 581968930.89
92021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Other Comprehensive Incomes 88887058.73 61157523.13
Special Reserves
Surplus Reserves 1553691005.92 1553691005.92
General Risk Reserves
Undistributed Profits 15351648599.86 13754915904.19
Total Shareholders' Equity Attributable to the Parent
22659120581.7019773030426.40
Company
Minority Shareholders' Equity 522763217.22 430611683.70
Total Shareholders' Equity 23181883798.92 20203642110.10
Total Liabilities and Shareholders' Equity 41530189083.92 36595034080.75
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
2. Consolidated Income Statement for the Period from the Beginning of the Year to the End of the
Reporting Period
Unit: RMB
Amount Occurred in the Amount Occurred in the
Item
Current Period Previous Period
I. Total Operating Revenue 21485105535.26 16166204673.11
Including: Operating Revenue 21485105535.26 16166204673.11
Interest Income
Earned Premiums
Service Charge and Commission Income
II. Total Operating Cost 19336098032.94 14615868742.24
Including: Operating Cost 12768127643.67 8893029099.00
Interest Expenditures
Service Charge and Commission Expenses
Surrender Value
Net Claims Paid
The Net Amount Withdrawn for Insurance Liability
Reserves
Policyholder Dividend Expense
Reinsurance Cost
Taxes and Surcharges 129966366.70 101226426.00
Sales Expenses 3336109794.23 2801268128.70
Administration expenses 644478415.71 560596447.94
Research and development expense 2364208725.24 2086062696.34
Financial Expenses 93207087.39 173685944.26
Including: interest expenses 69224790.43 52037364.71
Interest Income 165190467.12 118510356.09
Add: Other Income 701607327.67 694649909.73
Investment Income (Mark "-" for Loss) -142801874.09 1076630992.13
Including: Investment Income from Affiliates and
-207504221.59-76758388.98
Joint Ventures
Profits from recognition Termination of Financial
Assets at Amortized Cost
Exchange Gains (Mark "-" for Losses)
Profit of Net Exposure Hedging (Mark "-" for Loss)
102021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Incomes from Changes in Fair Value (losses marked
138013394.4715889143.16
with "-")
Credit Impairment Losses (Mark "-" for Loss) -442062567.25 -217078819.11
Asset Impairment Losses (Mark "-" for Loss) -35822007.91 -105692735.50
Asset Disposal Income (Mark "-" for Loss) 33064078.63 68366.98
III. Operating Profit (Mark "-" for Loss) 2401005853.84 3014802788.26
Add: Non-operating Revenues 9559210.80 8100433.16
Less: Non-operating Expenses 12094457.42 13141979.08
IV. Total Profit (Mark "-" for Total Loss) 2398470607.22 3009761242.34
Less: Income Tax Expense -12527132.44 191074833.54
V. Net Profit (Mark "-" for Net Loss) 2410997739.66 2818686408.80
(I) Classified by Operation Continuity
1. Net Profit as a Going Concern (Mark "-" for Net Loss) 2410997739.66 2818686408.80
2. Net Profit of Discontinued Operation (Mark "-" for Net
Loss)
(II) Classified by the Attribution of Ownership
1. Net Profit Attributable to the Parent Company's Owner 2399047215.98 2825124363.85
2. Minority Shareholders' Profit and Loss 11950523.68 -6437955.05
VI. Net Amount of Other Comprehensive Incomes after Tax 27658548.27 26522004.96
Net Amount of Other Comprehensive Incomes after Tax
27729535.6026521962.03
Attributable to the Parent Company's Owner
(1) Other Comprehensive Income that Cannot Be
Reclassified as P/L
1. Re-Measure the Variation of The Defined
Benefit Plan
2. Other Comprehensive Income that Cannot Be
Transferred To P/L Under the Equity Method
3. Changes in the Fair Value of Investment in
Other Equity Instruments
4. Changes in the Fair Value of the Credit Risk of
The Enterprise
5. Others
(II) Other Comprehensive Income that Will Be
27729535.6026521962.03
Reclassified As P/L
1. Other Comprehensive Income that Can Be
Transferred To P/L Under the Equity Method
2. Changes in The Fair Value of Investment in
Other Creditor's Rights
3. Financial Assets Reclassified into Other
Comprehensive Income
4. Provisions for The Credit Impairment of
Investment in Other Creditor's Rights
5. Cash flow Hedge Reserves
6. Currency Translation Difference 34171086.70 26521962.03
7. Others -6441551.10
Net Amount of Other Comprehensive Incomes After Tax
-70987.3342.93
Attributable to Minority Shareholders
VII. Total Comprehensive Income 2438656287.93 2845208413.76
Total Comprehensive Income Attributable to the Parent
2426776751.582851646325.88
Company's Owner
Total Comprehensive Income Attributable to Minority 11879536.35 -6437912.12
112021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Shareholders
VIII. Earnings per Share:
(I) Basic Earnings per Share 0.81 0.97
(II) Diluted Earnings per Share 0.81 0.97
Legal representative: Fu Liquan Person in charge of accounting: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
3. Consolidated Cash Flow Statement for the Period from the Beginning of the Year to the End of
the Reporting Period
Unit: RMB
Amount Occurred in the Amount Occurred in the
Item
Current Period Previous Period
I. Cash Flow Generated by Operational Activities:
Cash from Sales of Merchandise and Provision of
23072421222.5419198302426.38
Services
Net Increase in Customer's Bank Deposits and Interbank
Deposits
Net Increase in Borrowings from the Central Bank
Net Increase in Borrowings from Other Financial
Institutions
Cash Arising from Receiving Premiums for the Original
Insurance Contract
Net Amount Arising from Reinsurance Business
Net Increase in Deposits and Investments from
Policyholders
Cash Arising from Interests Service Charges and
Commissions
Net Increase in Borrowings from Banks and Other
Financial Institutions
Net Increase in Repurchase Business Funds
Net Amount of Cash Received from the Vicariously
Traded Securities
Tax Refund 1621238401.84 1572217203.40
Other Received Cashes Related to Operational Activities 395183997.84 248856876.82
Subtotal of cash inflow from operational activities 25088843622.22 21019376506.60
Cash Paid for Merchandise and Services 17442233566.18 12357110067.90
Net Increase in Loans and Advances to Customers
Net Increase in Deposits with Central Bank and Other
Financial Institutions
Cash Paid for Original Insurance Contract Claims
Net increase of funds lent
Cash Paid for Interests Service Charges and
Commissions
Cash Paid for Policy Dividends
Cash Paid to and for Employees 5454101974.31 4412528770.59
Cash Paid for Taxes and Surcharges 1705099375.11 1602848395.17
Other Paid Cashes Related to Operational Activities 1700704772.12 1378932526.92
Subtotal of Cash Outflow from Operational Activities 26302139687.72 19751419760.58
Net Cash Flow Generated by Operating Activities -1213296065.50 1267956746.02
II. Cash Flow from Investment Activities:
122021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Cash Arising from Disposal of Investments 913324136.74 1013800000.00
Cash Arising from Investment Incomes 28141454.98 15466185.40
Net Cash Arising from Disposal of Fixed Assets
48160497.821174856.98
Intangible Assets and Other Long-term Assets
Net Cash Arising from Disposal of Subsidiaries and
360000000.00603416723.92
Other Business Units
Other Received Cashes Related to Investment Activities 40401379.14 87990213.91
Subtotal of cash inflow from investment activities 1390027468.68 1721847980.21
Cash Paid for Purchase and Construction of Fixed
872761833.74418198952.95
Assets Intangible Assets and Other Long-term Assets
Cash Paid for Investments 1777000000.00 1495244946.22
Net Increase in Pledge Loans
Net Cash Paid for Acquisition of Subsidiaries and Other
Business Units
Other Paid Cashes Related to Investment Activities 21546588.11 88139757.17
Subtotal of cash outflows from investment activities 2671308421.85 2001583656.34
Net amount of cash flow generated by investment activities -1281280953.17 -279735676.13
III. Cash Flow from Financing Activities:
Cash Arising from Absorbing Investments 55770784.31 59440000.00
Including: Cash Arising from Subsidiaries Absorbing
55770784.3159440000.00
Investments by Minority Shareholders
Cash Arising from Borrowings 3775310686.97 5177593403.07
Other Received Cashes Related to Financing Activities 3210646359.16
Subtotal of cash inflow from financing activities 3831081471.28 8447679762.23
Cash Paid for Debts Repayment 1927003259.88 3852221214.55
Cash Paid for Distribution of Dividends and Profits or
854086449.21435782912.96
Payment of Interests
Including: Dividends and Profits Paid to Minority
Shareholders by Subsidiaries
Other Paid Cashes Related to Financing Activities 83025300.67 2931254424.60
Subtotal of cash outflow from financing activities 2864115009.76 7219258552.11
Net cash flow generated by financing activities 966966461.52 1228421210.12
IV. Impact of Fluctuation in Exchange Rate on Cash and
-43649597.19-85940173.22
Cash Equivalents
V. Net Increase in Cash and Cash Equivalents -1571260154.34 2130702106.79
Add: Cash and Cash Equivalents at the Commencement
7358452769.532734185976.41
of the Period
VI. Cash and Cash Equivalents at the End of the Period 5787192615.19 4864888083.20
(II) Adjustments to the Financial Statements
1. Details of adjustments to the relevant items of the financial statements at the beginning of year
due to first implementation of the new lease standards from 2021
√ Applicable □ Not applicable
Whether the accounts of the balance sheet at the beginning of the year shall be adjusted
√ Yes □ No
Consolidated Balance Sheet
Unit: RMB
Item December 31 2020 January 1 2021 Adjusted amount
132021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Current Assets:
Cash and Bank Balances 7471652634.66 7471652634.66
Deposit Reservation for
Balance
Loans to Banks and Other
Financial Institutions
Trading Financial Assets 2475680.45 2475680.45
Derivative Financial Assets
Notes receivable 232857354.55 232857354.55
Accounts receivable 12857519110.16 12857519110.16
Receivables Financing 1207879654.58 1207879654.58
Prepayments 162250648.05 152994874.90 -9255773.15
Premium Receivable
Reinsurance Accounts
Receivable
Reinsurance Contract Reserves
Receivable
Other Receivables 970427893.48 968975721.11 -1452172.37
Including: interest receivable
Dividends Receivable
Buying Back the Sale of
Financial Assets
Inventory 4928019838.00 4928019838.00
Contract Assets 84825834.82 84825834.82
Holding For-sale Assets
Non-current Assets Due within 1
635956549.07635956549.07
Year
Other Current Assets 558434219.93 558536267.47 102047.54
Subtotal of Current Assets 29112299417.75 29101693519.77 -10605897.98
Non-current Assets:
Granting of Loans and
Advances
Investment in Creditor's Rights
Investment in Other Creditor's
Rights
Long-term Receivables 2250315769.50 2250315769.50
Long-term Equity Investment 455977616.16 455977616.16
Investment in Other Equity
Instruments
Other Non-current Financial
360087786.34360087786.34
Assets
Investment Property 336008869.13 336008869.13
Fixed Assets 1515594629.97 1515594629.97
Projects under Construction 1164130453.03 1164130453.03
Productive Biological Assets
Oil and gas assets
Right-of-use Assets 155673708.67 155673708.67
Intangible Assets 406777323.39 406777323.39
Development Expenditure
142021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Goodwill 42685490.30 42685490.30
Long-term Deferred Expenses 32280430.67 32280430.67
Deferred Income Tax Assets 832453676.69 832453676.69
Other Non-current Assets 86422617.82 86422617.82
Subtotal of Non-current Assets 7482734663.00 7638408371.67 155673708.67
Total Assets 36595034080.75 36740101891.44 145067810.69
Current Liabilities:
Short-term Loan 250177083.34 250177083.34
Borrowings from the Central
Bank
Borrowings from Banks and
Other Financial Institutions
Transactional financial liabilities
Derivative Financial Liabilities
Notes Payable 3258552758.17 3258552758.17
Accounts Payable 6444787705.28 6444787705.28
Received Prepayments
Contract liabilities 671120385.08 671120385.08
Financial Assets Sold for
Repurchase
Deposit Taking and Interbank
Deposit
Receiving from Vicariously
Traded Securities
Receiving from Vicariously Sold
Securities
Payroll Payable 1805464535.31 1805464535.31
Tax Payable 900144863.67 900144863.67
Other Payables 970552877.22 970552877.22
Including: Interest Payable
Dividends Payable 12982399.27 12982399.27
Service Charge and
Commission Payable
Reinsurance Accounts Payable
Holding for-sale Liabilities
Non-current Liabilities Due
151891709.34210863157.6158971448.27
within 1 Year
Other Current Liabilities 209401914.77 209401914.77
Subtotal of Current Liabilities 14662093832.18 14721065280.45 58971448.27
Non-current Liabilities:
Insurance Contract Reserves
Long-term Loan 878000000.00 878000000.00
Bonds Payable
Including: Preferred Stocks
Perpetual Bonds
Lease Liabilities 86096362.42 86096362.42
Long-term Payables
Long-term Payroll Payable
Expected Liabilities 282427517.82 282427517.82
152021 Q3 Report of Zhejiang Dahua Technology Co. Ltd.
Deferred Income 110469806.29 110469806.29
Deferred Income Tax Liabilities 67272768.46 67272768.46
Other Non-current Liabilities 391128045.90 391128045.90
Subtotal of Non-current Liabilities 1729298138.47 1815394500.89 86096362.42
Total Liabilities 16391391970.65 16536459781.34 145067810.69
Shareholders' Equity:
Share Capital 2995579590.00 2995579590.00
Other Equity Instruments
Including: Preferred Stocks
Perpetual Bonds
Capital Reserves 1989655334.05 1989655334.05
Less: Treasury Share 581968930.89 581968930.89
Other Comprehensive Incomes 61157523.13 61157523.13
Special Reserves
Surplus Reserves 1553691005.92 1553691005.92
General Risk Reserves
Undistributed Profits 13754915904.19 13754915904.19
Total Shareholders' Equity
19773030426.4019773030426.40
Attributable to the Parent Company
Minority Shareholders' Equity 430611683.70 430611683.70
Total Shareholders' Equity 20203642110.10 20203642110.10
Total Liabilities and Shareholders'
36595034080.7536740101891.44145067810.69
Equity
2. Explanation of retroactive adjustments to the comparative data of the previous period due to
first implementation of the new lease accounting standard from 2021
□ Applicable √ Not applicable
(III) Audit Report
Whether the Q3 report has been audited.□ Yes √ No
The Q3 report of the Company has not been audited yet.Board of Directors of Zhejiang Dahua Technology Co. Ltd.October 30 2021
16