_ST武锅B：2012年半年度报告（英文版） .ppt

tel.,fax,e-mail,2012 interim report of wuhan boiler company limited wuhan boiler company limited 2012 interim report i. important notes the board of directors, the board of supervisors as well as directors, supervisors and senior management of wuhan boiler company limited (hereinafter referred to as “the company”) hereby confirm that there are no misstatements, misleading statements or material omissions in this interim report and will take individual and/or joint and several liabilities for the authenticity, accuracy and completeness of this interim report. statement: all directors have attended the board meeting for reviewing this interim report and have no disagreement about this interim report. the interim financial report of the company has not been audited by a cpa firm. mr. yeung kwok wei richard, company principal, mr. chin wee hua, accounting principle, and mr. li yihao, the accounting divisions principal (accounting manager), hereby ensure that the financial report enclosed in this interim report is true and complete. ii. company profile （i）basic information,a-share code a-share abbreviation stock exchange listed with legal chinese name of the company abbr. of the legal chinese name of the company,shenzhen stock exchange,b-share code b-share abbreviation,200770 *st wuguo-b,legal english name of the company abbr. of the legal english name of the company legal representative of the company registered address postal code for the registered address office address postal code for the office address internet website of the company email address,wuhan boiler company limited wbc yeung kwok wei richard no.1, liufangyuan road, east lake new technology development zone, wuhan, hubei, p.r.c. 430205 no.1, liufangyuan road, east lake new technology development zone, wuhan, hubei, p.r.c. 430205 cnwhu.wbc ,（ii）contact information,board secretary,securities affairs representative,name,kevin qin,xu youlan,no.1, liufangyuan road, east lake new no.1, liufangyuan road, east lake new,contact address,technology development zone, wuhan, technology development zone, wuhan,hubei 027 81994266 027 81994273 ,hubei 027 81993700 027 81993701 ,1,2012 interim report of wuhan boiler company limited （iii）about information disclosure and where the interim report is placed,newspapers designated by the company for information disclosure internet website designated by csrc for disclosing the interim report where the interim report is placed,domestic: securities times; overseas: ta kung pao securities department of the company,iii. summary of major accounting data and business data （i）major accounting data and financial indexes any retrospective adjustment in previous financial statements? yes no major accounting data,major accounting data gross revenue (rmb yuan) operating profit (rmb yuan) total profit (rmb yuan) net profit attributable to shareholders of the company (rmb yuan),report period (jan.-jun.) 376,577,702.30 1,309,462.77 2,720,301.06 -24,383,589.49,same period of last year 248,332,052.00 -123,996,189.42 -123,936,456.89 -118,548,726.65,increase/decrease (%) 51.64% 101.06% 102.19% 79.43%,net profit attributable to shareholders of,the company after deducting non-recurring,-25,794,427.78,-118,608,459.18,78.25%,gains and losses (rmb yuan),net cash flow from operating activities (rmb yuan) total assets (rmb yuan) owners equity attributable to shareholders of the company (rmb yuan) share capital (share),27,329,130.34 as at the end of this report period 1,330,804,811.84 -1,173,261,971.36 297,000,000.00,-132,879,861.93 as at the end of last year 1,749,077,941.25 -1,148,878,381.87 297,000,000.00,120.57% increase/decrease (%) -23.91% -2.12% 0.00%,major financial indexes,major financial indexes basic eps (rmb yuan/share) diluted eps (rmb yuan/share) basic eps after deducting non-recurring gains and losses (rmb yuan/share),report period (jan.-jun.) -0.08 -0.08 -0.09,same period of last year -0.40 -0.40 -0.40,increase/decrease (%) 80% 80% 77.5%,fully diluted roe,%,-,-,weighted average roe,%,-,-,fully diluted roe after deducting non-recurring gains and losses % weighted average roe after deducting non-recurring gains and losses %,- -,- -,net cash flow per share from operating activities (rmb yuan/share),0.09 as at the end of this report period,-0.45 as at the end of last year,120% increase/decrease (%),net assets per share attributable to,shareholders of the company (rmb,-3.95,-3.87,-2.07%,yuan/share),liability/asset ratio %,188.03%,165.55%,22.48%,notes to major accounting data and financial indexes before the end of this report period (please make an adjustment note if theres any retrospective adjustment) 2,2012 interim report of wuhan boiler company limited gross operating revenue increased 51.64% as compared to same period last year, mainly due to the increase in recognition from overseas projects during the period; net cash flow from operating activities increased 120.57% as compared to same period last year, mainly due to increase in the cash received from sales of goods; total assets decreased 23.91% as compared to closing balance of last year, mainly resulted from 97.95% of decrease in inventories. the 97.95% decrease in inventories mainly due to the production progress of projects under execution is slower than the progress billing which resulted in negative balance of construction contract assets. （ii）accounting data differences under the domestic and overseas accounting standards 1. net profit and net asset differences between financial reports disclosed according to the international and chinese accounting standards respectively applicable inapplicable 2. net profit and net asset differences between financial reports disclosed according to the overseas and chinese accounting standards respectively applicable inapplicable 3. specific items involving significant difference,items involving significant difference,amount (rmb yuan),reason for the difference,involved provisions of international and/or overseas accounting standards,- 4. notes to accounting data differences under the domestic and overseas accounting standards no differences. （iii）items of non-recurring gains and losses applicable inapplicable,items gains and losses on disposal of non-current assets tax rebate, reduction or exemption due to un-authorized approval or the lack of formal approval documents government grants recognized in the current year, except for those acquired in the ordinary course of business or granted at certain quotas or amounts according to the,amount (rmb yuan) 7,286.49 138,888.00,note,countrys unified standards capital occupation fees received from non-financial enterprises that are included in current gains and losses gains generated when the investment costs of the companys acquiring subsidiaries, associates and joint ventures are less than the fair value of identifiable net assets in the investees attributable to the company in the acquisition of the investments exchange gains and losses of non-monetary assets gains and losses through entrusting others to invest or manage assets various asset impairment provisions due to force majeure such as natural disasters gains and losses on debt restructuring enterprise reorganization expenses, such as expenses on employee settlement and integration gains and losses on the parts exceeding the fair value when prices of transactions obviously unfair net current gains and losses from the period-begin to the 3,2012 interim report of wuhan boiler company limited combination date of subsidiaries due to business merger under the same control gains and losses on contingency which are irrelevant to the normal operation of the company gains and losses on fair value changes of transactional financial assets and liabilities, and investment gains on disposal of transactional financial assets and liabilities and available-for-sale financial assets, except for the effective hedging business related to the companys normal operation reversal of impairment provisions for accounts receivable which are separately tested for impairment signs gains and losses on entrustment loans from external parties gains and losses on fair value changes of investing properties for which the fair value method is adopted for subsequent measurement current gain and loss effect due to a just-for-once adjustment to current gains and losses according to requirements of taxation and accounting laws and regulations custodian fee income from entrusted operations with the company,other non-operating incomes and expenses besides the items above other gain and loss items that meet the definition of non-recurring gains and losses minority interests effects income tax effects,1,853,384.46 -588,720.66,total,1,410,838.29,-,explanation given by the company to “other gain and loss items that meet the definition of non-recurring gains and losses” and when it recognizes a non-recurring gain and loss item as a recurring one according to the nature and features of its ordinary business,item,amount involved (rmb yuan),notes,not applicable iv. changes in share capital and particulars about shareholders （i）changes in share capital 1. statement of changes of shares applicable inapplicable,before the change,increase/decrease (+, -),after the change,amount,proportion (%),issuance of new shares,bonus shares,conversion of capital surplus to shares,others,subtotal,amount,proportion (%),. non-tradable shares 1. sponsors shares,172,000,0 00 172,000,0 00,57.91% 57.91%,172,000,0 00 172,000,0 00,57.91% 57.91%,including: shares held by 4,2012 interim report of wuhan boiler company limited the state,shares held by domestic corporations shares held by foreign corporations,20,530,00 0 151,470,0 00,6.91% 51%,20,530,00 0 151,470,0 00,6.91% 51%,others 2. raised corporate shares 3. employee shares 4. preference shares or others,. tradable shares,125,000,0 00,42.09%,125,000,0 00,42.09%,1. rmb ordinary shares,2. domestically listed foreign shares,125,000,0 00,42.09%,125,000,0 00,42.09%,3. overseas listed foreign shares 4. others,. total shares,297,000,0 00,100%,297,000,0 00,100%,approval of share changes (if applicable) not applicable transfers in share changes not applicable influence of share changes on the latest financial indexes such as eps and net assets per share (if any) not applicable other contents that the company thinks necessary or is asked by securities regulators to be disclosed not applicable 2. changes of shares subject to trading moratorium applicable inapplicable （ii）issuance and listing of securities 1. securities issuance in the previous three years applicable inapplicable 2. changes of the companys share and structure, as well as the corresponding changes in its asset-liability structure applicable inapplicable 3. existing employee shares applicable inapplicable （iii）shareholders and actual controller 1. total number of shareholders at the end of the report period the company had 9,073 shareholders in total at the end of the report period. 2. shareholding of the top ten shareholders applicable inapplicable particulars about shares held by the top ten shareholders,name of shareholder (full name),nature of shareholdin shareholder g,total shares held,number of non-tradable,pledged or frozen shares status of number of,5,0,0,0,0,0,0,0,0,2012 interim report of wuhan boiler company limited,percentage,shares held,shares,shares,(%),alstom (china) investment company limited wuhan boiler group co., ltd. china merchants securities (hk) co., ltd. chen chuyun hsbc broking securities (asia) limited-clients a/c wu zhenfa zhuang changxiong tang juan guotai junan securities(hongkong),foreign shareholder state-owned shareholder other other other other other other other,51% 6.91% 0.48% 0.46% 0.42% 0.38% 0.35% 0.3% 0.29%,151,470,000 20,530,000 1,411,694 1,372,450 1,234,114 1,138,028 1,035,000 887,236 860,551,151,470,000 20,530,000,limited,zhuang yaohua,other,0.28%,821,150,among the top ten shareholders of the company, alstom (china) investment co., ltd. (the first,notes to particulars about shareholders,principal shareholder of the company) and wuhan boiler group co., ltd. (the second principal shareholder of the company) hold non-tradable shares of the company; the other eight,shareholders are public shareholders. particulars about shares held by the top ten shareholders holding tradable shares applicable inapplicable,name of shareholder china merchants securities (hk) co., ltd. chen chuyun hsbc broking securities (asia) limited-clients a/c wu zhenfa zhuang changxiong tang juan guotai junan securities(hongkong) limited zhuang yaohua li shuhui zhou yongyi,number of tradable shares held at the period-end 1,411,694 b-shares 1,372,450 b-shares 1,234,114 b-shares 1,138,028 b-shares 1,035,000 b-shares 887,236 b-shares 860,551 b-shares 821,150 b-shares 808,552 b-shares 759,850 b-shares,type,type and number of shares number,1,411,694 1,372,450 1,234,114 1,138,028 1,035,000 887,236 860,551 821,150 808,552 759,850,explanation on affiliated relationship among the abovementioned shareholders or/and persons acting in concert: among the top ten shareholders of the company, no affiliated relationship exists between alstom (china) investment co., ltd. (the first principal shareholder of the company), wuhan boiler group co., ltd. (the second principal shareholder of the company) and the other shareholders, and they are not persons acting in concert as defined in the administrative rules on information disclosure about changing of shareholding status. the company is not aware of whether there is any affiliated relationship among the top ten shareholders with tradable shares or whether there are persons acting in concert among them. the company is not aware of whether there is any affiliated relationship among the top ten shareholders and the top ten shareholders with tradable share. a strategic investor or corporation becomes one of the top ten shareholders due to new share placement: applicable inapplicable 3. controlling shareholder and actual controller 1 change of the controlling shareholder and actual controller applicable inapplicable 2 particulars about the controlling shareholder and actual controller is there a new actual controller? yes no,name of the actual controller type of the actual controller,alstom s.a. foreign investor,6,3,2012 interim report of wuhan boiler company limited particulars: alstom s.a. is a company listed in france. chairman and ceo: mr. patrick kron date of foundation: nov. 17, 1992 share capital: eur 2,061,487,064 in total as at dec. 31, 2011 business scope: the conduct of transactions in france and abroad, notably in the following fields: energy, transmission and distribution of energy, transport, industrial equipment, naval construction and all the activities related or incidental to the above. illustration on the relationship between the company and its actual controller,bouygues 30.75%,franklin resources 4.92%,other shareholders 64.33%,alstom s.a. (listed in france) 100% alstom holdings 100% alstom (china) investment co., ltd 51% wuhan boiler company limited 4 the actual controller controls the company via trust or other ways of asset management. applicable inapplicable 4. other corporate shareholders with a shareholding over 10% applicable inapplicable （iv）convertible corporate bonds applicable inapplicable v. directors, supervisors and senior management 7,-,-,2012 interim report of wuhan boiler company limited （i）shareholding changes of directors, supervisors and senior management receives,name,position,gender,age,beginning date of office term,ending date of office term,shareholding at the period-begin (share),shareholding shareholding increase decrease during this during this report period report period (share) (share),shareholding at the period-end (share),including: restricted shares held (share),share options held at the period-end (share),reasons for change,payment from shareholder entities or other related,entities? yeung,kwok wei,chairman,male,63,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,yes,richard,liu yi,director,female,43,oct. 15, 2010 jun. 5, 2012,0,0,0,0,0,0-,yes,ian andrew johnson,director,male,40,jun. 5, 2012 oct. 15, 2013,yes,dominique pouliquen,director,male,52,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,yes,guy chardon director,male,63,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,yes,xiong gang xiang rongwei shen weixing andr chieng,director director independent director independent director,male male male male,55 59 42 59,oct. 15, 2010 oct. 15, 2013 oct. 15, 2010 oct. 15, 2013 oct. 15, 2010 oct. 15, 2013 oct. 15, 2010 jun. 5, 2012,0 0 0 0,0 0 0 0,0 0 0 0,0 0 0 0,0 0 0 0,0- 0- 0- 0-,yes yes no no,tang guoping,independent director,male,48,jun. 5, 2012 oct. 15, 2013,no,8,2012 interim report of wuhan boiler company limited,yang independent xiongsheng director,male,52,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,no,shi ziling sun tong,supervisor supervisor,male female,49 42,oct. 15, 2010 oct. 15, 2013 oct. 15, 2010 oct. 15, 2013,0 0,0 0,0 0,0 0,0 0,0- 0-,yes yes,pei hanhua supervisor,male,53,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,no,jay chen,gm,male,50,sept. 28, 2011,oct. 15, 2013,0,0,0,0,0,0-,no,chin wee hua,vice gm; finance director,male,41,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,no,vice gm;,kevin qin,board,male,32,oct. 15, 2010 oct. 15, 2013,0,0,0,0,0,0-,no,secretary,total,-,-,-,-,-,-,-,equity incentives granted to directors, supervisors and senior management during the report period applicable inapplicable 9,2012 interim report of wuhan boiler company limited （ii）position-holding particulars position-holding in shareholders entities applicable inapplicable,name of the person holding any position in any shareholder entity,name of the shareholder entity,position in the shareholder entity,beginnin