SHENGUAN HOLDINGS (GROUP) LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
神冠控股（集團）有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 00829)Financial highlights | RMB million | RMB million |
Revenue | 1,054.6 | 1,403.0 |
Gross profit | 465.9 | 769.8 |
Profit before tax | 337.1 | 676.1 |
Income tax expense | (51.6) | (128.7) |
Profit attributable to owners of the parent | 291.4 | 547.5 |
Basic earnings per share, (RMB cents per share) | 8.87 | 16.5 |
Diluted earnings per share, (RMB cents per share) | 8.87 | 16.5 |
Financial ratios Gross profit margin | 44.2% | 54.9% |
Net profit margin | 27.6% | 39.0% |
The board (the "Board") of directors (the "Directors") of Shenguan Holdings (Group) Limited (the "Company") is pleased to announce the consolidated annual results of the Company and its subsidiaries (collectively, "Shenguan" or the "Group") for the year ended 31 December 2015 (the "Year" or the "Period"), which have been prepared in accordance with the Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants. The 2015 consolidated annual results of the Group have been reviewed by the audit committee of the Company and approved by the Board on 18 March 2016. The Board is pleased to propose a final dividend of HK3.2 cents per share.
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Year ended 31 December 2015 | PROFIT | OR | LOSS AND | OTHER |
Notes | 2015 RMB'000 | 2014 RMB'000 | ||
REVENUE | 4 | 1,054,565 | 1,403,008 | |
Cost of sales | (588,713) | (633,214) | ||
Gross profit | 465,852 | 769,794 | ||
Other income and gains | 4 | 41,016 | 38,359 | |
Selling and distribution expenses | (11,660) | (17,743) | ||
Administrative expenses | (140,372) | (99,663) | ||
Finance costs, net | 5 | (17,700) | (14,610) | |
PROFIT BEFORE TAX | 6 | 337,136 | 676,137 | |
Income tax expense | 7 | (51,558) | (128,661) | |
PROFIT FOR THE YEAR | 285,578 | 547,476 | ||
OTHER COMPREHENSIVE INCOME | ||||
Other comprehensive income to be reclassified to |
profit or loss in subsequent periods:
Exchange differences on translation of foreign
operations (12,493) 1,078
BE RECLASSIFIED TO PROFIT OR LOSS | ||
IN SUBSEQUENT PERIODS AND OTHER | ||
COMPREHENSIVE INCOME FOR THE | ||
YEAR, NET OF TAX | (12,493) | 1,078 |
Profit attributable to:
Owners of the parent | 291,390 | 547,476 |
Non-controlling interests | (5,812) | - |
Note | 2015 RMB'000 | 2014 RMB'000 |
Total comprehensive income attributable to: Owners of the parent | 278,897 | 548,554 |
Non-controlling interests | (5,812) | - |
273,085 | 548,554 | |
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY OWNERS OF THE PARENT | 9 | |
Basic (RMB cents per share) | 8.87 | 16.5 |
Diluted (RMB cents per share) | 8.87 | 16.5 |
CONSOLIDATED STATEMENT OF FINANCIAL 31 December 2015 | POSITION | ||
Notes | 2015 RMB'000 | 2014 RMB'000 | |
NON-CURRENT ASSETS Property, plant and equipment | 1,310,261 | 1,338,270 | |
Prepaid land lease payments | 122,619 | 122,292 | |
Goodwill | 47,486 | - | |
Other intangible assets | 242,924 | - | |
Available-for-sale investment Contract in progress | 37,100 - | - 124,249 | |
Deferred tax assets | 56,326 | 52,126 | |
Long term prepayments | 15,642 | 6,866 | |
Total non-current assets | 1,832,358 | 1,643,803 | |
CURRENT ASSETS Financial asset at fair value through profit or loss | 353 | - | |
Inventories | 921,958 | 847,065 | |
Trade and bills receivables | 10 | 181,904 | 199,639 |
Prepayments, deposits and other receivables | 191,920 | 62,808 | |
Pledged deposits | 354,727 | 546,044 | |
Cash and cash equivalents | 210,784 | 399,585 | |
Total current assets | 1,861,646 | 2,055,141 | |
CURRENT LIABILITIES Trade and bills payables | 11 | 42,726 | 98,178 |
Other payables and accruals | 114,067 | 105,467 | |
Interest-bearing bank borrowings | 544,545 | 783,144 | |
Tax payable | 9,985 | 11,632 | |
Total current liabilities | 711,323 | 998,421 | |
NET CURRENT ASSETS | 1,150,323 | 1,056,720 | |
TOTAL ASSETS LESS CURRENT LIABILITIES | 2,982,681 | 2,700,523 |
Shenguan Holdings (Group) Ltd. issued this content on 18 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 March 2016 13:16:19 UTC
Original Document: http://www.shenguan.com.cn/attachment/2016031821020100002457994_en.pdf
