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.

海通恆信國際融資租賃股份有限公司

Haitong Unitrust International Financial Leasing Co., Ltd.

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1905)

FINANCIAL DATA SUMMARY

FOR THE FIRST QUARTER OF 2021

This announcement is made by Haitong Unitrust International Financial Leasing Co., Ltd. (the "Company") pursuant to the Inside Information Provisions (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited) (the "Listing Rules") under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rules 13.09 and 13.10B of the Listing Rules.

Pursuant to the relevant laws of the People's Republic of China (the "PRC"), during the term of each debt financing tool issued in the PRC interbank market, the Company has to disclose the financial statements for the first quarter of the year on or before April 30 of each year.

The enclosed financial statements are unaudited financial information of the Company and its subsidiaries (collectively, the "Group") as well as the Company (excluding its subsidiaries) for the three months ended March 31, 2021 for disclosure on the websites of the Beijing Financial Assets Exchange (https://www.cfae.cn), the Shanghai Clearing House (http://www.shclearing.com) and China Money (http://www.chinamoney.com.cn).

This announcement and the attached financial statements are originally prepared in Chinese and have been published in both English and Chinese. Where any inconsistency or conflict exists between the two versions, the Chinese version shall prevail.

Shareholders of the Company and public investors should note that the attached financial statements have been prepared in accordance with the PRC accounting standards and have not been audited nor reviewed by the auditors of the Company.

By order of the Board

Haitong Unitrust International Financial Leasing Co., Ltd.

DING Xueqing

Chairman

Shanghai, the PRC

April 28, 2021

As at the date of this announcement, the Chairman and executive Director of the Company is Mr. DING Xueqing; the executive Director is Ms. ZHOU Jianli; the non-executive Directors are Mr. REN Peng, Ms. HA Erman, Mr. LI Chuan, Mr. WU Shukun and Mr. ZHANG Shaohua; and the independent non-executive Directors are Mr. JIANG Yulin, Mr. YAO Feng, Mr. ZENG Qingsheng, Mr. WU Yat Wai and Mr. YAN Lixin.

Haitong Unitrust International Financial Leasing Co., Ltd.

THE COMPANY'S AND CONSOLIDATED BALANCE SHEETS AS AT MARCH 31, 2021 (Unit: RMB)

March 31, 2021

December 31, 2020

March 31, 2021

December 31, 2020

Assets

The Group

The Group

The Company

The Company

(Unaudited)

(Audited)

(Unaudited)

(Audited)

Current assets:

  Cash and bank balances

7,594,684,996.98

5,176,967,851.63

6,285,890,099.63

3,943,851,510.68

Notes receivable

199,000.00

199,000.00

-

-

Accounts receivable

53,910,095.88

36,913,152.37

9,422,826.81

9,292,444.84

Long-term receivables due within one year

48,327,231,761.53

48,667,206,675.08

46,588,760,056.24

46,971,962,050.01

  Entrusted loans and other loans due within one year

486,815,588.04

460,854,262.86

285,424,538.22

306,360,675.42

Derivative financial assets

6,864,345.53

-

4,413,555.08

-

  Financial assets at fair value through profit or loss

474,375,959.64

572,914,991.60

474,375,959.64

572,914,991.60

  Financial assets held under resale agreements

-

-

347,518,944.23

456,808,210.36

Prepayments

73,532,331.37

81,781,555.68

9,366,450.50

9,124,647.88

Other receivables

58,383,481.21

47,606,258.73

422,547,531.28

656,861,129.30

Other current assets

779,487,451.05

817,830,927.34

41,559,445.92

89,599,018.91

Total current assets

57,855,485,011.23

55,862,274,675.29

54,469,279,407.55

53,016,774,679.00

Non-current assets:

Long-term receivables

39,834,493,824.53

42,410,606,130.19

36,537,392,450.81

38,650,877,768.35

  Entrusted loans and other loans

151,260,461.82

211,457,486.93

14,706,416.79

15,717,410.60

Long-term equity investments

-

-

4,338,487,013.00

4,252,657,768.01

  Other non-current financial assets

349,824,014.60

326,284,915.18

283,907,436.86

260,364,411.42

Fixed assets

6,802,613,312.68

6,827,783,187.67

1,365,489,892.78

1,375,807,945.15

Intangible assets

15,171,197.47

15,385,821.37

14,135,108.67

14,220,728.37

Long-term deferred expenses

76,413,582.05

76,412,566.63

76,193,432.83

76,136,772.00

Right-of-use assets

150,225,657.57

165,036,307.58

130,284,278.57

141,884,167.51

Deferred tax assets

1,440,769,242.22

1,540,986,490.27

1,324,082,165.26

1,426,857,336.09

Other non-current assets

771,730,340.95

705,243,582.49

529,922,232.70

454,572,106.36

Total non-current assets

49,592,501,633.89

52,279,196,488.31

44,614,600,428.27

46,669,096,413.86

Total assets

107,447,986,645.12

108,141,471,163.60

99,083,879,835.82

99,685,871,092.86

Liabilities

Current Liabilities:

Short-term borrowings

5,759,660,985.13

6,483,984,025.08

5,473,666,391.20

6,199,938,297.99

Derivative financial liabilities

289,440,776.78

359,910,183.08

174,732,277.93

206,325,423.02

Notes payable

1,394,018,865.60

1,192,279,553.71

1,394,018,865.60

1,192,279,553.71

Accounts payable

3,948,060,539.53

4,075,965,263.64

3,676,154,922.55

3,724,458,495.90

Payroll payables

171,077,393.02

217,570,928.50

99,777,979.56

147,885,508.75

Advance receipts

21,273,676.73

13,560,415.63

-

-

Taxes payable

528,171,052.61

673,765,517.87

497,674,825.05

638,317,836.79

Other payables

1,032,283,854.04

1,011,460,306.49

825,414,927.32

804,679,285.72

Non-current liabilities due within one year

34,052,190,198.18

34,130,041,923.63

32,454,191,875.30

32,532,956,637.24

Other current liabilities

264,019,713.85

204,019,713.85

-

-

Total current liabilities

47,460,197,055.47

48,362,557,831.48

44,595,632,064.51

45,446,841,039.12

Non-current liabilities:

Long-term borrowings

20,318,018,423.44

20,622,503,549.27

17,164,414,208.11

17,310,067,112.55

Bonds payable

14,009,886,190.23

13,951,118,811.06

14,009,886,190.23

13,951,118,811.06

Lease liabilities

96,142,826.12

110,336,109.41

88,556,728.32

100,482,313.56

Deferred revenue

27,983,346.75

93,043,657.49

16,529,150.19

81,780,746.91

Long-term payables

8,856,142,556.22

9,069,478,870.77

7,204,789,110.43

7,449,082,687.31

Deferred tax liabilities

19,524,693.55

18,294,713.83

-

-

Other non-current liabilities

120,860,019.48

60,337,790.74

120,860,019.48

60,337,790.74

Total non-current liabilities

43,448,558,055.79

43,925,113,502.57

38,605,035,406.76

38,952,869,462.13

Total liabilities

90,908,755,111.26

92,287,671,334.05

83,200,667,471.27

84,399,710,501.25

Equity

Share capital

8,235,300,000.00

8,235,300,000.00

8,235,300,000.00

8,235,300,000.00

Other equity instrument

1,792,929,098.92

1,523,756,447.89

1,792,929,098.92

1,523,756,447.89

Capital reserve

2,497,574,338.50

2,502,077,622.54

2,515,029,255.79

2,520,561,355.24

Surplus reserve

409,181,444.40

409,181,444.40

409,181,444.40

409,181,444.40

Other comprehensive income

(72,747,854.05)

(126,785,326.04)

11,466,686.96

1,787,944.51

Retained profits

3,603,262,607.08

3,258,539,753.79

2,919,305,878.48

2,595,573,399.57

  Total equity attributable to owners of the Company

16,465,499,634.85

15,802,069,942.58

---

---

Non-controlling interests

73,731,899.01

51,729,886.97

---

---

Total equity

16,539,231,533.86

15,853,799,829.55

15,883,212,364.55

15,286,160,591.61

Total liabilities and equity

107,447,986,645.12

108,141,471,163.60

99,083,879,835.82

99,685,871,092.86

Legal Representative

Ding Xueqing

Person In Charge

Zhou Jianli

Head Of Accounting

Lin Nianxin

Of The Company

Of Accounting

Department

Haitong Unitrust International Financial Leasing Co., Ltd.

THE COMPANY'S AND CONSOLIDATED INCOME STATEMENTS FROM JANUARY TO MARCH 2021 (Unit: RMB)

January to March

January to March

January to March

January to March

2021

2020

2021

2020

The Group

The Group

The Company

The Company

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

I.

Total operating revenue

1,985,502,001.87

1,845,152,271.15

1,753,813,693.80

1,621,943,491.50

II.

Total operating cost

(1,278,994,190.65)

(1,085,045,737.01)

(1,094,036,618.20)

(933,000,519.03)

Of which: Operating cost

(962,262,359.94)

(900,808,734.78)

(835,998,222.39)

(795,432,010.97)

Taxes and surcharges

(5,347,563.03)

(10,788,157.88)

(4,259,093.26)

(10,101,545.75)

General and administrative expenses

(297,721,706.62)

(187,026,523.05)

(238,794,128.62)

(127,829,460.70)

Financial expenses

(13,662,561.06)

13,577,678.70

(14,985,173.93)

362,498.39

Add: Other income

89,758,535.90

30,388,401.82

89,633,219.87

30,386,614.03

Investment gains (losses are denoted by "-")

2,300,489.15

394,494.43

2,300,489.15

545,057.06

Of which: Investment gains from a joint venture

-

(5,453,420.04)

-

(2,045,030.24)

Gains arising from changes in fair value

  (losses are denoted by "-")

1,086,104.73

(1,164,434.83)

1,090,030.75

787,450.57

Impairment losses under expected credit

  loss model

(366,219,948.91)

(415,496,701.43)

(347,965,207.63)

(418,763,813.05)

Other impairment losses

(6,609,053.47)

(2,575,095.83)

(6,609,053.47)

(2,575,095.83)

Gains arising from disposal of assets

  (losses are denoted by "-")

(26,940,223.04)

(5,615,643.05)

(26,940,840.20)

(5,615,643.05)

III. Operating profit

399,883,715.58

366,037,555.25

371,285,714.07

293,707,542.20

Add: Non-operating income

73,104,787.21

55,808,493.61

71,700,000.00

55,710,000.00

Less: Non-operating expenses

(671.17)

(3,000,000.00)

(671.17)

(3,000,000.00)

IV. Total profit

472,987,831.62

418,846,048.86

442,985,042.90

346,417,542.20

Less: Income tax expenses

(109,720,132.16)

(88,118,253.89)

(100,909,729.86)

(75,684,941.91)

V.

Net profit

363,267,699.46

330,727,794.97

342,075,313.04

270,732,600.29

(I) Classified based on operation continuity:

1. Net profit from continuing operations

363,267,699.46

330,727,794.97

342,075,313.04

270,732,600.29

  1. Classified based on the nature of ownership: 1. Net profit attributable to owners of the

Company

363,065,687.42

330,791,672.68

342,075,313.04

270,732,600.29

2. Net profit attributable to non-controlling

interests

202,012.04

(63,877.71)

-

-

VI. Other comprehensive income, net of tax

54,037,471.99

(95,593,141.11)

9,678,742.45

(18,711,942.38)

(I) Other comprehensive income, net of tax,

  attributable to owners of the Company

54,037,471.99

(95,593,141.11)

9,678,742.45

(18,711,942.38)

1. Other comprehensive income that will be reclassified to profit or loss:

(1) Reserves for cash flow hedging

51,373,450.23

(112,572,715.49)

9,678,742.45

(18,711,942.38)

  1. Exchange differences from translation   of financial statements denominated

in foreign currencies

2,664,021.76

16,979,574.38

-

-

(II)

Other comprehensive income, net of tax,

  attributable to non-controlling interests

-

-

-

-

VII. Total comprehensive income, net of tax

417,305,171.45

235,134,653.86

351,754,055.49

252,020,657.91

(I)

Total comprehensive income attributable to

  owners of the Company

417,103,159.41

235,198,531.57

351,754,055.49

252,020,657.91

(II)

Total comprehensive income attributable to

non-controlling interests

202,012.04

(63,877.71)

-

-

VIII.Earnings per share

(I)

Basic earnings per share

0.04

0.04

-

-

Legal Representative

Ding Xueqing

Person In Charge

Zhou Jianli

Head Of Accounting

Lin Nianxin

Of The Company

Of Accounting

Department

Haitong Unitrust International Financial Leasing Co., Ltd.

THE COMPANY'S AND CONSOLIDATED STATEMENTS OF CASH FLOWS FROM JANUARY TO MARCH 2021 (Unit: RMB)

January to March

January to March

January to March

January to March

2021

2020

2021

2020

The Group

The Group

The Company

The Company

(Unaudited)

(Unaudited)

(Unaudited)

(Unaudited)

I.

Cash flows from operating activities

  Cash received from lease business

13,741,959,241.60

11,208,873,476.72

12,804,139,029.77

10,843,405,131.80

  Cash received from factoring, entrusted loans and

other loans

1,114,151,472.37

801,803,948.07

1,047,392,577.94

570,903,909.49

  Net guarantee deposits received

-

350,683,434.83

-

359,070,284.60

  Cash received from sales of goods and rendering of

services

274,971,605.77

320,239,975.25

188,558,829.10

127,198,294.35

  Cash received relating to other operating activities

219,042,455.81

514,464,660.58

522,657,830.29

732,835,337.68

Sub-total of cash inflows from operating activities

15,350,124,775.55

13,196,065,495.45

14,562,748,267.10

12,633,412,957.92

  Net cash paid for purchase of leased assets

(9,130,708,789.66)

(8,828,241,461.94)

(8,816,292,898.65)

(8,826,730,125.52)

  Cash paid for factoring, entrusted loans and

other loans

(1,277,150,090.64)

(787,486,162.63)

(1,269,598,898.92)

(671,487,668.27)

  Net guarantee deposits paid

(236,900,258.74)

-

(245,796,360.25)

-

  Cash payments of interest

(686,160,662.53)

(683,655,242.71)

(640,101,361.35)

(652,281,135.45)

  Cash paid to and on behalf of employees

(271,210,018.29)

(230,156,970.68)

(224,200,431.68)

(192,215,641.51)

  Cash payments of taxes and surcharges

(171,754,088.29)

(141,757,136.67)

(149,726,663.67)

(89,392,649.76)

  Cash paid relating to other operating activities

(215,585,312.52)

(249,476,383.92)

(116,017,337.07)

(51,956,857.07)

Sub-total of cash outflows from operating activities

(11,989,469,220.67)

(10,920,773,358.55)

(11,461,733,951.59)

(10,484,064,077.58)

Net cash generated from/(used in) operating

activities

3,360,655,554.88

2,275,292,136.90

3,101,014,315.51

2,149,348,880.34

II.

Cash flows from investing activities

  Cash received from investments

2,880,700,000.00

6,486,400,000.00

2,390,700,000.00

3,451,800,000.00

  Cash received from investment gains

2,300,489.15

5,847,914.47

2,300,489.15

2,590,087.30

  Cash received from related parties

-

-

50,534,672.32

45,591,418.32

  Net cash received from disposal of fixed assets,

  intangible assets and other long-term assets

500.00

-

500.00

-

Sub-total of cash inflows from investing activities

2,883,000,989.15

6,492,247,914.47

2,443,535,661.47

3,499,981,505.62

  Cash paid for investments

(2,861,900,100.00)

(6,546,259,203.55)

(2,335,150,100.00)

(4,169,873,435.55)

  Cash paid to related parties

-

-

(81,127,979.33)

-

  Cash paid for acquisition of a subsidiary

-

-

(13,608,060.40)

-

  Cash paid to acquire fixed assets, intangible assets

  and other long-term assets

(30,477,613.05)

(1,539,162,450.53)

(30,477,613.05)

(412,827,261.44)

Sub-total of cash outflows from investing activities

(2,892,377,713.05)

(8,085,421,654.08)

(2,460,363,752.78)

(4,582,700,696.99)

Net cash generated from/(used in) investing activities

(9,376,723.90)

(1,593,173,739.61)

(16,828,091.31)

(1,082,719,191.37)

III. Cash flows from financing activities

  Cash received from capital injections

1,521,800,000.00

10,850,000.00

1,500,000,000.00

-

  Cash received from borrowings

5,106,180,337.97

4,346,302,122.16

5,106,180,337.97

3,143,198,500.00

  Cash received from issuance of bonds

7,350,000,000.00

4,011,326,700.51

7,350,000,000.00

4,011,326,700.51

Sub-total of cash inflows from financing activities

13,977,980,337.97

8,368,478,822.67

13,956,180,337.97

7,154,525,200.51

  Cash repayments of borrowings and bonds

(13,616,788,220.61)

(8,675,074,773.74)

(13,398,562,190.64)

(8,481,938,711.99)

  Redemption of other equity instrument

(1,200,000,000.00)

-

(1,200,000,000.00)

-

  Cash payments for interest distribution of

other equity instruments

(53,673,467.14)

(50,210,435.32)

(53,673,467.14)

(50,210,435.32)

  Cash paid relating to other financing activities

(53,557,612.30)

(61,480,854.45)

(52,608,618.44)

(58,127,700.48)

Sub-total of cash outflows from financing activities

(14,924,019,300.05)

(8,786,766,063.51)

(14,704,844,276.22)

(8,590,276,847.79)

Net cash generated from/(used in) financing

activities

(946,038,962.08)

(418,287,240.84)

(748,663,938.25)

(1,435,751,647.28)

IV. Effect of foreign exchange rate changes on cash and

cash equivalents

363,676.80

4,281,401.72

(332,663.44)

4,609,107.54

V.

Net increase in cash and cash equivalents

2,405,603,545.70

268,112,558.17

2,335,189,622.51

(364,512,850.77)

  Add: Cash and cash equivalents at the end of last year

4,570,959,092.40

5,053,127,301.61

3,657,509,762.63

4,853,142,442.06

VI. Cash and cash equivalent at the end of the period

6,976,562,638.10

5,321,239,859.78

5,992,699,385.14

4,488,629,591.29

Legal Representative

Ding Xueqing

Person In Charge

Zhou Jianli

Head Of Accounting

Lin Nianxin

Of The Company

Of Accounting

Department

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Haitong UniTrust International Leasing Co. Ltd. published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 09:18:01 UTC.