深康佳Ｂ：2017年年度报告（英文版）.PDF

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1、Konka Group Co.,Ltd.Annual Report 20171KONKAGROUPCO.,LTD.ANNUAL REPORT 20172018-10March 2018Konka Group Co.,Ltd.Annual Report 20172Part I Important Notes,Table of Contents and DefinitionsThe Board of Directors(or the“Board”),the Supervisory Board as well as the Directors,Supervisors and senior manag

2、ement of Konka Group Co.,Ltd.(the“Company”)herebyguarantee the factuality,accuracy and completeness of the contents of this Report,and shallbe jointly and severally liable for any misrepresentations,misleading statements or materialomissions in this Report.Liu Fengxi,the Companys legal representativ

3、e,Li Chunlei,the Companys Chief FinancialOfficer(CFO),and Feng Junxiu,head of the Companys financial department(equivalent tofinancial manager)hereby guarantee that the Financial Statements carried in this Report arefactual,accurate and complete.All the Companys Directors have attended the Board mee

4、ting for the review of this Report.Any plans for the future and other forward-looking statements mentioned in this Report shallNOT be considered as virtual promises of the Company to investors.Therefore,investors arekindly reminded to pay attention to possible investment risks.At the Board meeting,a

5、 dividend payout proposal for common shareholders for the ReportingPeriod has been considered and approved as follows:based on the total shares of2,407,945,408,a cash dividend of RMB1.62(tax inclusive)per 10 shares would be distributedto all the common shareholders,with no share dividend in any form

6、.This Report has been prepared in both Chinese and English.Should there be anydiscrepancies or misunderstandings between the two versions,the Chinese version shallprevail.Konka Group Co.,Ltd.Annual Report 20173Table of ContentsPart I Important Notes,Table of Contents and Definitions.2Part II Company

7、 Profile and Key Financial Information.6Part III Business Summary.11Part IV Company Performance Discussion andAnalysis.13Part V Significant Events.41Part VI Share Changes and Shareholder Information.66Part VII Preferred Shares.73Part VIII Directors,Supervisors,Senior Management and Staff.74Part IX C

8、orporate Governance.85Part X Corporate Bonds.97Part XI Financial Statements.98Part XII Documents Available for Reference.310Konka Group Co.,Ltd.Annual Report 20174DefinitionsTermDefinitionThe“Company”,the“Group”,“Konka Group”or“we”Konka Group Co.,Ltd.and its consolidated subsidiaries,except where th

9、econtext otherwise requiresParent,Parent CompanyKonka Group Co.,Ltd.exclusive of subsidiaries,except where the contextotherwise requiresTelecommunication TechnologyShenzhen Konka Telecommunications Technology Co.,Ltd.Konka HouseholdAppliancesShenzhen Konka HouseholdAppliances Co.,Ltd.Plastic Product

10、sShenzhen Konka Plastic Products Co.,Ltd.Electrical AppliancesShenzhen Konka Electrical Appliances Co.,Ltd.Fittings TechnologyShenzhen Konka Electronic Fittings Technology Co.,Ltd.MudanjiangAppliancesMudanjiangArctic Ocean Appliances Co.,Ltd.Chongqing QingjiaChongqing Qingjia Electronics Co.,Ltd.Anh

11、ui KonkaAnhui Konka Electronic Co.,Ltd.Anhui HouseholdAppliancesAnhui Konka HouseholdAppliances Co.,Ltd.Kunshan KonkaKunshan Konka Electronic Co.,Ltd.Dongguan KonkaDongguan Konka Electronic Co.,Ltd.Dongguan PackingDongguan Konka Packing Materials Co.,Ltd.Boluo KonkaBoluo Konka PCB Co.,Ltd.Boluo Konk

12、a PrecisionBoluo Konka Precision Technology Co.,Ltd.Hong Kong KonkaHong Kong Konka Co.,Ltd.Konka HouseholdAppliances InvestmentKonka HouseholdAppliances Investment&Development Co.,Ltd.KonkaHouseholdAppliancesInternationalTradingKonka HouseholdAppliances International Trading Co.,Ltd.Konka EuropeKonk

13、a(Europe)Co.,Ltd.Konka FactoringKonka Factoring(Shenzhen)Co.,Ltd.WankaidaShenzhen Wankaida Science and Technology Co.,Ltd.Kunshan KangshengKunshan Kangsheng Investment Development Co.,Ltd.Anhui TongchuangAnhui Konka Tongchuang HouseholdAppliances Co.,Ltd.Indonesia KonkaIndonesia Konka Electronics Co

14、.,Ltd.Shushida LogisticsShenzhen Shushida Logistics Service Co.,Ltd.Beijing Konka ElectronicBeijing Konka Electronic Co.,Ltd.Konka E-displayShenzhen Konka E-display Co.,Ltd.E-display ServiceShenzhen E-display Service Co.,Ltd.Xiamen DalongXiamen Dalong Trading Co.,Ltd.Konka Group Co.,Ltd.Annual Repor

15、t 20175Youshi KangrongYoushi Kangrong Culture Communication Co.,Ltd.Kangqiao JiachengShenzhen Kangqiao Jiacheng Property Investment Co.,Ltd.Konka SmartTechKonka SmartTech LimitedKaikai ShijieAnhui Kaikai Shijie E-commerce Co.,Ltd.E2infoShenzhen E2info Network Technology Co.,Ltd.Mobile Interconnectio

16、nShenzhen Konka Mobile Interconnection Technology Co.,Ltd.Commercial System TechnologyShenzhen Konka Commercial System Technology Co.,Ltd.Chain KingdomChain Kingdom Co.,LimitedKangqiao Easy ChainShenzhen Kangqiao Easy Chain Technology Co.,Ltd.E3infoE3info(Hainan)Technology Co.,Ltd.Chuzhou Konka TIDC

17、huzhou Konka Technology&Industry Development Co.,Ltd.Konka VenturesKonka Ventures Development(Shenzhen)Co.,Ltd.Konka PengrunShenzhen Konka Pengrun Technology&Industry Co.,Ltd.Konka UnifortuneShenzhen Konka Unifortune Supply Chain Management Co.,Ltd.Konka InvestmentShenzhen Konka Investment Holding C

18、o.,Ltd.Kangzhi TradeAnhui Kangzhi Trade Co.,Ltd.Konka MaterialHainan Konka Material Technology Co.,Ltd.Konka LeasingTianjin Konka Leasing Co.,Ltd.Yantai KonkaYantai Konka Healthcare Enterprise Service Co.,Ltd.Konka CapitalShenzhen Konka Capital Equity Investment Management Co.,Ltd.Chain Kingdom Shen

19、zhenChain Kingdom(Shenzhen)Co.,Ltd.CSRCThe China Securities Regulatory CommissionSZSEThe Shenzhen Stock ExchangeCSRC ShenzhenThe Shenzhen branch of the China Securities Regulatory CommissionRMB,RMB0,000In RMB yuan,in RMB ten thousand yuanThe“Reporting Period”or“Current Period”The period from January

20、 1,2017 to December 31,2017Konka Group Co.,Ltd.Annual Report 20176Part II Company Profile and Key Financial InformationI Corporate InformationStock nameKonkaA,Konka BStock symbol000016,200016Changed stock name(if any)N/AStock exchangeShenzhen Stock ExchangeCompany name in Chinese康佳集团股份有限公司Abbr.康佳集团C

21、ompany name in English(if any)KONKA GROUP CO.,LTD.Abbr.(if any)KONKA GROUPLegal representativeLiu FengxiRegistered address15-24/F,Konka R&D Center,28 Keji South Twelfth Road,Science and TechnologyPark,Yuehai Street,Nanshan District,Shenzhen,Guangdong Province,ChinaZip code518057Office address15-24/F

22、,Konka R&D Center,28 Keji South Twelfth Road,Science and TechnologyPark,Yuehai Street,Nanshan District,Shenzhen,Guangdong Province,ChinaZip code518057Company Email II Contact InformationBoard SecretarySecurities RepresentativeNameWuYongjunMiao LeiqiangAddressBoard Secretariat,24/F,Konka R&D Center,2

23、8 KejiSouth Twelfth Road,Science and Technology Park,Yuehai Street,Nanshan District,Shenzhen,GuangdongProvince,ChinaBoard Secretariat,24/F,Konka R&D Center,28 KejiSouth Twelfth Road,Science and Technology Park,Yuehai Street,Nanshan District,Shenzhen,GuangdongProvince,ChinaTel.0755-613688670755-61368

24、867Fax0755-266011390755-26601139EIII Media for Information Disclosure and Place where this Report Is KeptNewspapersdesignatedby the Company forinformation disclosureSecurities Times,etc.Website designated by CSRC for publication ofthis RKonka Group Co.,Ltd.Annual Report 20177Place where this Report

25、is keptBoard Secretariat,24/F,Konka R&D Center,28 Keji South Twelfth Road,Science and Technology Park,Yuehai Street,Nanshan District,Shenzhen,Guangdong Province,ChinaIV Company Registered Information and AlterationsUnified social credit code914403006188155783ChangeinmainbusinessscopeoftheCompany sin

26、ce going public(if any)Supply chain management was added to main business scope in 2017Change of controlling shareholder(if any)No changeV Other InformationIndependent certified public accounting(or“CPA”)firm hired by the Company:NameRuihua Certified PublicAccountants(LLP)Office address5-11F,West To

27、wer,China Overseas Property Plaza,Building No.7,Compound No.8,Xibinhe Road,Yongding Men,Dongcheng District,Beijing,P.R.C.Accountants writing signaturesLiu Jianhua,Shen LingzhiIndependent sponsor hired by the Company to exercise constant supervision over the Company inthe Reporting Period:Applicable

28、Not applicableIndependent financial advisor hired by the Company to exercise constant supervision over theCompany in the Reporting Period:Applicable Not applicableVI Key Financial InformationIndicate by tick mark whether there is any retrospectively restated datum in the table below.Yes No2017201620

29、17-over-2016 change2015Operating revenue(RMB)31,227,763,249.7120,299,348,136.2153.84%18,395,177,035.98Netincomeattributabletoshareholders of the listed company(RMB)5,057,025,155.7195,673,028.035,185.74%-1,256,819,314.51Netincomeattributabletoshareholders of the listed companybefore nonrecurring gain

30、s and losses(RMB)-97,284,945.83-283,460,349.2465.68%-1,129,999,645.94Konka Group Co.,Ltd.Annual Report 20178Netcashflowsfromoperatingactivities(RMB)-4,314,257,622.47-972,135,787.43-343.79%1,289,600,482.66Basicearningspershare(RMB/share)2.10010.03975,189.92%-0.52Dilutedearningspershare(RMB/share)2.10

31、010.03975,189.92%-0.52Weighted average return on equity(%)63.26%3.35%59.91%-36.30%December 31,2017December 31,2016Change ofDecember31,2017overDecember31,2016December 31,2015Total assets(RMB)23,558,735,469.7817,243,119,597.9736.63%14,250,367,548.28Equity attributable to shareholders ofthe listed comp

32、any(RMB)7,994,145,476.612,901,481,607.04175.52%2,814,382,870.81VIIAccountingDataDifferencesunderChineseAccountingStandards(CAS)andInternational Financial Reporting Standards(IFRS)and Foreign Accounting Standards1.Net Income and Equity Differences under CAS and IFRS Applicable Not applicableNo such d

33、ifferences for the Reporting Period.2.Net Income and Equity Differences under CAS and Foreign Accounting Standards Applicable Not applicableNo such differences for the Reporting Period.VIII Key Financial Information by QuarterUnit:RMBQ1Q2Q3Q4Operating revenue4,686,318,957.346,719,647,022.098,757,653

34、,006.2011,064,144,264.08Netincomeattributabletoshareholdersofthelistedcompany26,245,353.834,625,914.0397,974,481.264,928,179,406.59Netincomeattributableto-18,772,884.12-25,683,328.05-34,435,053.99-18,393,679.67Konka Group Co.,Ltd.Annual Report 20179shareholdersofthelistedcompanybeforenonrecurringgai

35、ns and lossesNet cash flows from operatingactivities-1,629,437,072.94-634,577,631.94-1,298,562,951.65-751,679,965.94Indicate by tick mark whether any of the financial data in the table above or their summationsdiffers materially from what have been disclosed in the Company s quarterly or semi-annual

36、reports.Yes NoIX Nonrecurring Gains and Losses Applicable Not applicableUnit:RMBItem201720162015NoteGainsandlossesondisposalofnon-current assets(inclusive of offsetallowance for asset impairments)6,470,215,253.82242,932,907.65-16,096,434.80Government subsidies charged to currentprofit and loss(exclu

37、sive of governmentsubsidies given in the Companys ordinarycourse of business at fixed quotas oramounts as per government s uniformstandards)178,372,701.34113,350,808.9671,499,330.11Gains and losses on investment or assetmanagement entrustments to other entities70,070,846.0870,849,063.3020,419,318.35

38、Allowance for asset impairments due toacts of God such as natural disasters0.00-144,808,654.70Gains and losses on changes in fair valueof trading financial assets and liabilities&investmentincomefromdisposaloftrading financial assets and liabilities andavailable-for-salefinancialassets(exclusive of

39、effective portion of hedgesthat arise in the Company s ordinarycourse of business)-63,931,276.1417,953,552.2832,627,480.23Gains and losses on loan entrustment808,737.50707,777.793,550,666.66Non-operating income and expense otherthan above41,449,367.7722,934,301.50-104,311,044.28Other gains and losse

40、s that meet definitionof nonrecurring gain/loss87,640,651.87168,175.52-419,240.74Konka Group Co.,Ltd.Annual Report 201710Less:Income tax effects1,603,618,658.0878,609,375.35-14,549,153.86Non-controllinginterestseffects(net of tax)26,697,522.6211,153,834.383,830,243.26Total5,154,310,101.54379,133,377

41、.27-126,819,668.57-Explanation of why the Company classifies an item as a nonrecurring gain/loss according to thedefinition in the Explanatory Announcement No.1 on Information Disclosure for CompaniesOffering Their Securities to the Public Nonrecurring Gains and Losses,or reclassifies anynonrecurrin

42、g gain/loss item listed in the said explanatory announcement as a recurring gain/loss:Applicable Not applicableItemAmount(RMB)ReasonTax rebates on software56,782,742.21Government subsidies given in the Companys ordinary course ofbusiness at fixed quotas or amounts as per governments uniformstandards

43、Konka Group Co.,Ltd.Annual Report 201711Part III Business SummaryI Main Business Scope of the Company in Reporting PeriodIs the Company subject to any disclosure requirements for special industries?No.Currently,the Company offers,among other things,multimedia products and services,supply chainservic

44、es,white goods and mobile phones.Its primary business models are specified as follows:(I)Multimedia Products and ServicesThe Company provides multimedia products and services,including color TVs and Internet TVservices,for both domestic and overseas markets.The domesticsalesof the Company s color TV

45、sarerealizedmainlythroughB2B(Business-to-Business)and B2C(Business-to-Consumer),with its branch companies,businessdepartments and after-sales maintenance points operating across the country.And the Companyprofits from the margins between the costs and the selling prices of its color TVs.As for selli

46、ng its color TVs abroad,the Company mainly relies on B2B.Its color TVs are sold toAsia Pacific,Middle East,Central&South America,East Europe,etc.And the main profit source isalso the differences between the costs and the selling prices of its color TVs.The Company offers Internet TV services based o

47、n the smart TVs it has sold to end users.Firstly,itworks with other Internet companies to provide end users with,among other content,video,educational,music,medical and game content to generate earnings.Secondly,it analyses userbehaviors and offer certain free,interactive services to increase attrac

48、tiveness to users,promote itsbrand and stimulate desire for its hardware products.Finally,it is trying to build an Internet TVplatform with tens of millions of users,on which it will profit through commercial and applicationdistribution.This Internet TV business is key to the Companys Internet-orien

49、ted transformation andupgrade to a development model of“hardware+software”and“smart TV+end users”.(II)Supply Chain ServicesThe Company trades IC components,LCD panels,metal materials and other products in the supplychains for the Company s existing products.This can help the Company establish goodre

50、lationships with its upstream suppliers and downstream customers,learn about the prices of thematerials used in its production in a timely manner,and control costs of its existing products.Inaddition,the Company also intends to provide supply chain services integrating commercial,logistics and infor