TigerResearch/tigerbot-earning-plugin huggingface dataset:
3. Increase/ decrease in -73,854,3 1,31 -109, -177,||||||4,320,275.71|||||
the period (“-”for 03.6 2 1,66 5.63 274, 147. 496, 509. 9,43 5,90|||||||||||168,060,600. 51 -
decrease) 50 78 9.27|||||||||||
3.1 Total comprehensi ve income 537,664,698.69 541,984,974.40 -8,324,090.73||||||4,320,275.71|||||533,660,883.67
3.2 Capital increased and reduced by owners -73,854,3 -17,937,3 -222,424, -314,215, 17,760,0|||||||||||-296,455,701.62
03.6 2 91.7 1 006. 29 701. 62 00.0 0|||||||||||
3.2.1 Ordinary shares increased by owners||||||17,760,000.00|17,760,000.00
3.2.2 Capital increased by holders of other equity instruments3.2.3 Share- based payments included in owners’ equity3.2.4 Other||-73,854,303.62|-17,937,391.71|-222,424,006.29|-314,215,701.62||-314,215,701.62
3.3 Profit distribution|||19,249,057.34|-424,514,839.90|-405,265,782.56||-405,265,782.56
3.3.1 Appropriati on to surplus reserves|||19,249,057.34|-19,249,057.34|||
3.3.2 Appropriati on to general reserve3.3.3 Appropriati on to owners (or shareholders||||-405,265,782.56|-405,265,782.56||-405,265,782.56
)|3.3.4||||||
 Other3.4 Transfers within owners’ equity3.4.1 Increase in capital (or share capital) from capital reserves3.4.2 Increase in capital (or share capital) from surplus|||||||
reserves3.4.3 Loss offset by surplus reserves3.4.4 Changes in defined benefit schemes transferred to retained earnings3.4.5 Other comprehensi ve income transferred to retained earnings3.4.6 Other3.5 Specific reserve3.5.1 Increase in the period3.5.2 Used in the period3.6 Other|595,979,092.00|80,488,045.38|-3,854,377.95|48,886,605.81|3,691,056,182.73|4,412,555,547.97|56,255,522.46|-
4. Balance as at the end of the period||||||||4,468,811,070.43
|||2021 Equity attributable to owners of the Company as the parent||||||||||||
 Item| Shar e capit al|| Other equity instruments|| Capi tal reser ves| Less: Trea sury stock| Othe r com preh ensiv e inco me| Spec ific reser ve| Surp lus reser ves| Gene ral reser ve| Retai ned earni ngs||| Non- contr ollin g inter ests| Total owners’ equity
|| Prefe rred share s| Perp etual bond s| Othe r|||||||| Othe r| Subt otal||
1. Balance as at the end of the prior year|595,979,092.00||||80,488,045.38||-6,749,589.41||19,205,979.63||3,038,993,912.43||3,727,917,440.03|53,204,039.80|3,781,121,479.83
 Add: Adjustment for change in accounting policy Adjustment for correction of previous error|||||||||||||||
Adjustment for business combination under common control||73,854,303.62||17,937,391.71|9,26 -|82,530,200.66||
|||||1,494.67|||82,530,200.66
 Other adjustments2. Balance as at the beginning of the year|595,979,092.00|154,342,349.00|-6,749,589.41|37,143,371.34|3,029,732,417.76|3,810,447,640.69|53,204,039.80|3,863,651,680.49
3. Increase/ decrease in the period(“-”for decrease)|||-1,425,064.25|10,431,568.84|770,597,912.47|779,604,417.06|-6,384,426.61|773,219,990.45
3.1 Total comprehensi ve income|||-1,425,064.25||1,025,380,909.03|1,023,955,844.78|-17,371,202.28|1,006,584,642.50
3.2 Capital increased and reduced by owners|||||||10,986,775.67|10,986,775.67
3.2.1 Ordinary shares increased by owners|||||||2,140,000.00|2,140,000.00
3.2.2 Capital increased by holders of other equity instruments3.2.3 Share- based payments included in owners’ equity3.2.4 Other|||||||8,846,775.67|8,846,775.67
3.3 Profit distribution||||10,431,568.84|-254,782,996.56|-244,351,427.72||-244,351,427.72
3.3.1 Appropriati on to surplus reserves||||10,431,568.84|-10,431,568.84|||
3.3.2 Appropriati on to general reserve3.3.3|||||-|-||-
Appropriati on to owners (or shareholders||||||244,351,427.72|244,351,427.72||244,351,427.72
)|3.3.4||||||||
 Other3.4 Transfers within owners’ equity3.4.1 Increase in capital (or share capital) from capital reserves3.4.2 Increase in capital (or share capital) from surplus reserves3.4.3 Loss offset by surplus reserves3.4.4 Changes in defined benefit schemes transferred to retained earnings3.4.5 Other comprehensi ve income transferred to retained earnings3.4.6 Other3.5 Specific reserve3.5.1 Increase in the period3.5.2 Used in the period3.6 Other4. Balance as at the end of the period||595,979,092.00|154,342,349.00|-8,174,653.66|47,574,940.18|3,800,330,330.23|4,590,052,057.75|46,819,613.19|4,636,871,670.94
8. Statements of Changes in Owners’Equity of the Company as the Parent
|| Other equity instruments||||| Other compr||| Retain||
 Item| Share capital| Preferr| Perpet|| Capital| Less:|| Specifi| Surplu|||
||shares ed|bonds ual| Other|reserve s| Treasu stock ry|ehensi incom ve|reserve c|reserve s s|earnin ed gs| Other| Total owners’ equity
|||||||e|||||
1. Balance as at the end of the prior year|595,979,092.00||||53,876,380.11||-2,574,121.54||29,637,548.47|1,337,497,586.41||2,014,416,485.45
 Add: Adjustment for change in accounting policy Adjustment for correction of previous error Other adjustments2. Balance as at the beginning of the year|595,979,092.00||||53,876,380.11||-2,574,121.54||29,637,548.47|1,337,497,586.41||2,014,416,485.45
3. Increase/ decrease in the period (“-” for decrease)|||||||-168,720.11||19,249,057.34|-232,024,266.54||-212,943,929.31
3.1 Total comprehensiv e income|||||||-168,720.11|||192,490,573.36||192,321,853.25
3.2 Capital increased and reduced by owners3.2.1 Ordinary shares increased by owners3.2.2 Capital increased by holders of other equity instruments3.2.3 Share- based payments included in owners’equity3.2.4 Other3.3 Profit distribution|||||||||19,249,057.34|-424,514,839.90||-405,265,782.56
3.3.1 Appropriation to surplus reserves|||||||||19,249,057.34|-19,249,057.34||
3.3.2 Appropriation to owners (or||||||||||-405,26||-405,265,782.56
shareholders)|||||5,782.56|
3.3.3 Other3.4 Transfers within owners’equity3.4.1 Increase in capital (or share capital) from capital reserves3.4.2 Increase in capital (or share capital) from surplus reserves3.4.3 Loss offset by surplus reserves3.4.4 Changes in defined benefit schemes transferred to retained earnings3.4.5 Other comprehensiv e income transferred to retained earnings3.4.6 Other3.5 Specific reserve3.5.1 Increase in the period3.5.2 Used in the period3.6 Other4. Balance as at the end of|595,979,092.|53,876,380.1|-2,742,|48,886,605.8|1,105,473,31|1,801,472,556.14
the period001841.6519.872021
|||||||2021|||||
|| Other equity instruments||||| Other compr|||||
 Item| Share capital| Preferr| Perpet|| Capital| Less:|| Specifi| Surplu| Retain||
||shares ed|bonds ual| Other|reserve s| Treasu stock ry|ehensi incom ve|reserve c|reserve s s|earnin ed gs| Other| Total owners’ equity
|||||||e|||||
1. Balance as at the end of the prior year|595,979,092.00||||53,876,380.11||-2,545,451.19||19,205,979.63|1,487,964,894.53||2,154,480,895.08
 Add: Adjustment for change in||||||||||||
accounting policy Adjustment for correction of previous error Other adjustments2. Balance as at the beginning of the year|595,979,092.00|53,876,380.11|-2,545,451.19|19,205,979.63|1,487,964,894.53|2,154,480,895.08
3. Increase/ decrease in the period (“-” for decrease)|||-28,670.35|10,431,568.84|-150,467,308.12|-140,064,409.63
3.1 Total comprehensiv e income|||-28,670.35||104,315,688.44|104,287,018.09
3.2 Capital increased and reduced by owners3.2.1 Ordinary shares increased by owners3.2.2 Capital increased by holders of other equity instruments3.2.3 Share- based payments included in owners’equity3.2.4 Other3.3 Profit distribution||||10,431,568.84|-254,782,996.56|-244,351,427.72
3.3.1 Appropriation to surplus reserves||||10,431,568.84|-10,431,568.84|
3.3.2 Appropriation to owners (or shareholders)|||||-244,351,427.72|-244,351,427.72
3.3.3 Other3.4 Transfers within owners’equity3.4.1 Increase in capital (or share capital) from capital reserves3.4.2 Increase in capital (or||||||
share capital) from surplus reserves
3.4.3 Loss offset by surplus
Changes in defined benefit schemes
transferred to retained
3.4.5 Other comprehensiv e income
3.4.6 Other
3.5 Specific reserve
Increase in the period
3.5.2 Used in the period
3.6 Other
4. Balance as at the end of the period
595,979,092.00
53,876,380.11
-2,574,121.54
29,637,548.47
1,337,497,586.41
2,014,416,485.
III Company Profile
Shenzhen Properties & Resources Development (Group) Ltd. (hereinafter referred to as “the Company”or “Company”) was incorporated based on the reconstruction of Shenzhen Properties & Resources Development Co., Ltd. after obtaining approval of ZFBF [1991] No. 831 from People’s Government of Shenzhen Municipality. It was registered with Shenzhen Industrial and Commercial Administration Bureau on 17 January 1983 with Shenzhen as its headquarters. Now the Company holds the business license for legal person with the registration number/unified social credit code of 91440300192174135N. The registered capital was RMB595,979,092 with the total shares of 595,979,092 (RMB1 face value per share), among which, restricted public shares:1,898,306 A shares and 0 B shares; unrestricted public shares: 526,475,543 A shares and 67,605,243 B shares. The stock of the Company has been listed on the Shenzhen Stock Exchange on 30March 1992.
The Company is in the real estate sector. Its main business includes development of real estate and sale of commercial housing, construction and management of buildings, house rent, supervision of construction, domestic trading and materials supply and marketing (excluding exclusive dealing and monopoly sold products and commodities under special control to purchase). Main products or services rendered mainly include the development and sales of commercial residential housing; property management; buildings and the building devices maintenance, garden afforest and cleaning service; property leasing; supervise and management of the engineering; retails of the Chinese food,Western-style food and wines, and etc.
The financial statements were approved and authorized for issue by the 17th Meeting of the 10th Board of Directors of the Company on 24March 2023.
The consolidation scope of the Company’s consolidated financial statements was determined based on the control which included the financial statements of the Company and all its subsidiaries. A subsidiary refers to an enterprise or entity controlled by the Company. There were 63 subsidiaries included in the consolidation financial statements in this report. Please refer to the Note VIII and Note IX of the financial report for details.
IV Basis for Preparation of Financial Statements
1. Preparation Basis
Based on the continuing operation, the financial statements of the Company are prepared in accordance with the actual transactions, governing provisions of the Accounting Standards for Business Enterprises and the following major accounting policies and estimates.
2. Continuation
There was no such case where the sustainable operation ability within 12 months since the end of the Reporting Period was highly doubted.
V. Important Accounting Policies and Estimations
Indication of specific accounting policies and estimations:
1. Statement for Complying with the Accounting Standard for Business Enterprise
The financial statement prepared by the Company complies with the requirements of the latest accounting standards for business enterprises as well as the application guidelines, interpretations and other relevant regulations (hereinafter referred to as the“accounting standards for business enterprises”) issued by the Ministry of Finance. It reflects the Company’s financial conditions, operating results, cash flow and other related information in a truthful and complete manner.
In addition, in the preparation of the financial report, reference was made to the presentation and disclosure requirements of the Rule for Information Disclosure by Companies Offering Securities to the Public No. 15 - General Provisions on Financial Reports (2014 Revision) and the Notice on Related Matters of the Implementation of New Accounting Standards for Business Enterprises by Listed Companies (KJBH [2018] No. 453).
2. Fiscal Period
The fiscal year of the Company is a solar calendar year, which is from 1 January to 31 December.
3. Operating Cycle
Except for the real estate industry, other businesses run by the Company have relatively short operating cycles according to the classification standard of 12-month’s liquidity of assets and liabilities. The operating cycle of the real estate industry shall be generally more than 12 months from real estate development to cash the sales. The specific cycle shall be determined by the development project and classified by the assets and liabilities liquidity.
4. Standard Currency of Accounts
The Company adopts Renminbi as a standard currency of accounts.
5. Accounting Process of Business Combinations under the Same Control and not under the Same Control
1.Accounting Process of Business Combinations under the Same Control
For business combination under the same control achieved through one transaction or step by step through multiple transactions by the Company, the assets and liabilities acquired in a business combination are measured at the carrying value of the acquiree in the consolidated financial statements of the ultimate controlling party at the date of combination. The difference between the carrying value of net assets acquired by the Company and the carrying value of the combination consideration paid (or the total nominal value of shares issued) is referred to for adjusting capital reserve; if capital reserve is not sufficient to offset the difference, then retained earnings are adjusted.
2.Accounting Process of Business Combinations not under the Same Control
The Group shall recognize the positive balance between the combination costs and the fair value of the identifiable net assets obtained from the acquiree on purchase date as goodwill. If the combination costs are less than the fair value of the identifiable net assets obtained from the acquire, the Company shall recheck the various identifiable assets and liabilities obtained from the acquire, fair value with liabilities, and measurement of combination costs. If the combination costs are less than the fair value of the identifiable net assets obtained from the acquire after recheck, the Company shall the record the balance into the profit and loss of the current period.
Business combinations not under the same control achieved step by step through multiple transactions should be treated in the following order:
(1) Adjusting the initial investment cost of long-term equity investment If the equity held prior to the date of purchase is accounted under the equity method, the equity is remeasured at the fair value on the purchase date, and the difference between the fair value and its carrying value is included in the investment income of the current period; if the equity in the acquiree held prior to the purchase date involves other comprehensive income or changes in other owners' equity under the equity method of accounting, it is converted into income for the current period on the purchase date, except for other comprehensive income arising from the re-measurement of the investee's net liabilities of the defined benefit pension plan or changes in net assets of the defined benefit plan and changes in the fair value of investments in other equity instruments held.
(2) Determining the goodwill (or the amount included in the profit or loss for the current period) When comparing the initial investment cost of long-term equity investments adjusted in the first step with the share of the fair value of the identifiable net assets of the subsidiary on the purchase date, if the former is more than the latter, the difference between the former and the latter is recognized as goodwill; if the former is less than the latter, the difference is included in profit or loss for the current period.
Step-by-step disposal of equity through multiple transactions that results in loss of control over the subsidiary
(1) Principles for determining whether transactions in the process of step-by-step disposal of equity that results in the loss of control over a subsidiary constitute a "package deal"
The multiple transactions are generally regarded as a "package deal" in accounting treatment if the clauses, conditions, and economic impacts of various transactions fall under one or more of the following circumstances:
1) These transactions are reached concurrently or after the impact thereof on each other is taken into consideration.2) These transactions may achieve a complete business result only as a whole.
3) The occurrence of a transaction depends on the occurrence of, at a minimum, one another transaction.
4) A transaction is considered uneconomical separately but is considered economical when other transactions are also taken into consideration.
(2) Accounting treatment when transactions in the process of step-by-step disposal of equity that results in the loss of control over a subsidiary constitute a "package deal"
If the transactions in the disposal of equity of a subsidiary that results in the loss of control constitute a package deal, each transaction should be accounted for as a transaction that disposes of and loses control over a subsidiary; however, the difference between the disposal price and the share of the net assets of the subsidiary corresponding to the disposal of the investment for each disposal prior to the loss of control should be recognized as other comprehensive earnings in the consolidated financial statements and transferred to profit or loss for the current period when the Company lost the control.
In the consolidated financial statements, the remaining equity should be remeasured at fair value on the date of loss of control. The sum of the consideration obtained from the disposition of equity and the fair value of the residual equity minus the Company's portion of net assets in the former subsidiary calculated from the date of combination on an ongoing basis at the original shareholding ratio is included in the return on investment for the current period when the Company lost the control. Other comprehensive income related to the equity investments in the former subsidiary should be included in the return on investment or retained earnings for the current period when the Company lost the control.
(3) Accounting treatment when transactions in the process of step-by-step disposal of equity that results in the loss of control over a subsidiary do not constitute a "package deal"
If the Company disposes of investments made in its subsidiary without losing control over the subsidiary, in the consolidated financial statements, the difference between the payment for equity disposed of and the Company's corresponding portion of net assets in the subsidiary is included in the capital reserve. If the capital reserve is insufficient for offset, the retained earnings should be adjusted.
If the disposal of investments made in its subsidiary results in a loss of control over the subsidiary, in the consolidated financial statements, the remaining equity should be remeasured at the fair value on the date of loss of control. The sum of the consideration obtained from the disposition of equity and the fair value of the residual equity minus the Company's portion of net assets in the former subsidiary calculated from the date of combination on an ongoing basis at the original shareholding ratio is included in the return on investment for the current period when the Company lost the control. Other comprehensive income related to the equity investments in the former subsidiary should be included in the return on investment or retained earnings for the current period when the Company lost the control.
6.Methods for Preparing Consolidated Financial Statements
Based on the financial statements of the Company as the parent and its subsidiaries and other related materials, the consolidated financial statements were prepared by the Group as the parent according to Accounting Standards for Enterprises No. 33 – Consolidated Financial Statements.
7. Classification of Joint arrangements and Accounting Treatment of Joint Operations
1. Identification and classification of joint arrangements
A joint arrangement is an arrangement over which two or more parties have joint control. A joint arrangement has the following characteristics: (1) Each participant is bound by the arrangement; (2) two or more parties of the joint arrangement exercise joint control over the arrangement. No one party can control the arrangement alone, and any party with joint control over the arrangement can prevent the other party or combination of parties from controlling the arrangement alone.
Joint control refers to the common control over a particular arrangement according to relevant agreement, and that the decisions on relevant activities under such arrangement are subject to unanimous consent from the parties sharing the joint control.
Joint arrangements are divided into joint operations and joint ventures. A joint operation is a joint arrangement whereby the party to joint arrangement has rights to the assets, and obligations for the liabilities related to the arrangement. A joint venture is a joint arrangement whereby the party to joint arrangement has rights to the net assets of the arrangement.
2.Accounting treatment of joint arrangements
A party to a joint operation shall recognize the following items related to its share of interest in the joint operation and conduct accounting treatment for them in accordance with the relevant provisions of the Accounting Standard for Business Enterprises: (1) Recognition of assets held separately and of assets held jointly in proportion to its share; (2) recognition of liabilities incurred separately and of liabilities incurred jointly in proportion to its share; (3) recognition of revenue from the sale of its share of the output of the joint operation; (4) recognition of revenue from the sale of output of the joint operation in proportion to its share; (5) recognition of expenses incurred separately and of expenses incurred in the joint operation in proportion to its share.
The party to a joint venture should conduct accounting treatment in accordance with relevant provisions of theAccounting Standards for Business Enterprises No. 2 - Long-term Equity Investment.
8. Recognition Standard for Cash and Cash Equivalents
In the Company’s understanding, cash and cash equivalents include cash on hand, any deposit that can be used for cover, and short- term (usually due within 3 months since the day of purchase) and high circulating investments, which are easily convertible into known amount of cash and whose risks in change of value are minimal.
9. Foreign Currency Businesses and Translation of Foreign Currency Financial Statements
(1)Accounting treatments for translation of foreign currency business
As for a foreign currency transaction in its initial recognition, the amount in the foreign currency shall be translated into the amount in the Renminbi at the spot exchange rate of the transaction date. On balance sheet date, the foreign currency monetary items shall be translated as the spot exchange rate on the balance sheet date, the balance occurred thereof shall be recorded into the profits and losses at the current period except that the balance of exchange arising from the principal and interests of foreign currency borrowings for the purchase and construction or production of assets eligible for capitalization. The foreign currency non-monetary items measured at the historical cost shall still be translated at the spot exchange rate on the transaction date, of which the amount of functional currency shall not be changed. The foreign currency non-monetary items measured at the fair value shall be translated at the spot exchange rate on the confirming date of fair value, of which the balance of exchange shall be included into the profit and loss of the current period or other comprehensive income.
(2) Translation of foreign currency financial statements