上海二纺机股份有限公司2006年半年度报告
重要提示、释义及目录
本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料不
存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和
完整性承担个别及连带责任。
公司董事崔翎先生因有重要公务，未能亲自出席会议，委托梅建中董事代为
行使表决权。
公司法定代表人郑元湖、财务总监梅建中、财务部经理陈志虎声明：保证半
年度报告中财务报告的真实、完整。
本报告分别以中、英文两种文字编制，在对两种文本的理解发生歧义时，以
中文文本为准。
公司半年度报告未经审计。
目 录
1、公司基本情况 ----------------------------------- 3
2、股本变动和主要股东持股变动情况 ----------------- 5
3、董事、监事、高级管理人员情况 ------------------- 7
4、管理层讨论与分析 ------------------------------- 8
5、重要事项 --------------------------------------- 12
6、财务会计报告 ---------------------------------- 18
7、备查文件目录 -----------------------------------52
2
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
第一节、公司基本情况
（一）公司法定中文名称: 上海二纺机股份有限公司
公司法定英文名称: shanghai erfangji co.,ltd.
（二）股票上市证券交易所： 上海证券交易所
a、b股简称： g二 纺 机 二纺ｂ股
a、b股代码： 600604 900902
（三）公司注册地址： 上海市场中路６８７号
公司办公地址： 上海市场中路６８７号
邮政编码： 200434
公司互联网网址： http://www.shefj.com
公司电子信箱： shej @ public7.sta.net.cn
（四）法定代表人姓名： 郑元湖
（五）董事会秘书： 李 勃
联系地址： 上海市场中路６８７号
联系电话： 021-51265073
传真： 021-65318494
电子信箱： shej@public7.sta.net.cn
证券事务代表： 吴 涛
联系地址： 上海市场中路６８７号
联系电话： 021-51265073
传真： 021-65318494
电子信箱： wutao@shefj.com
（六）公司半年度报告刊登报刊： 《上海证券报》、香港《大公报》
上海证券交易所互联网网址： http://www.sse.com.cn
公司半年度报告备置地点： 上海市场中路687 号
上海二纺机股份有限公司
（七）其他有关资料
公司首次注册资本为:30,398.69万元
公司注册资本额的演变过程：
1993年10月7日于上海市工商行政管理局变更登记为42,558.17万元;
3
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
1995年12月12日于上海市工商行政管理局变更登记为46,183.98万元;
1996年7月23日于上海市工商行政管理局变更登记为51,495.38万元;
1997年6月25日于上海市工商行政管理局变更登记为56,644.92万元;
企业法人营业执照注册号： 企股沪总字第019003 号（市局）
税务登记号码： 国税沪字第 310042607225505 号
公司聘请的会计师事务所名称： 上海立信长江会计师事务所有限公司
浩华国际会计师事务所
办公地址： 上海市南京东路61 号
香港湾仔港湾道18 号中环广场2001 室
（八）主要财务数据和指标
1 主要会计数据和财务指标
单位:元币种:人民币
项目本报告期末上年度期末
本报告期末比上年
度期末增减（％）
流动资产 656,122,793.46 817,388,322.39 -19.73
流动负债 507,949,035.51 684,645,066.71 -25.81
总资产 1,186,704,003.15 1,362,411,629.19 -12.90
股东权益（不含少数股东权益） 666,201,027.23 663,658,744.06 0.38
每股净资产(元) 1.176 1.172 0.34
调整后的每股净资产(元) 1.133 1.130 0.27
报告期（1－6 月）上年同期
本报告期比上年同
期增减（％）
净利润 2,263,356.88 3,033,158.61 -25.38
扣除非经常性损益的净利润 -13,088,630.59 391,586.45
每股收益(元) 0.0040 0.0054 -25.93
每股收益注1 (元)
净资产收益率(%) 0.34 0.46 下降0.12 个百分点
经营活动产生的现金流量净额 -45,389,194.91 -27,522,704.05
4
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
2、扣除非经常性损益项目和金额
单位:元 币种:人民币
非经常性损益项目金额
处置长期股权投资、固定资产、在建工程、无形资产、其他长期资
产产生的损益
14,372,328.97
扣除公司日常根据企业会计制度规定计提的资产减值准备后的其他
各项营业外收入、支出
1,065,037.09
所得税影响数 -85,378.59
合计15,351,987.47
3、按中国证监会发布的《公开发行证券公司信息披露编报规则》第9号的要求
计算的净资产收益率及每股收益：
单位:元 币种:人民币
报告期利润
净资产收益率（%） 每股收益
全面摊薄加权平均全面摊薄加权平均
主营业务利润5.58 5.58 0.0656 0.0656
营业利润-1.89 -1.89 -0.0222 -0.0222
净利润0.34 0.34 0.0040 0.0040
扣除非经常性损益后的净利润-1.96 -1.96 -0.0231 -0.0231
第二节、股本变动和主要股东持股情况
(一)股份变动情况表
单位:股
本次变动前 本次变动增减（＋，－）本次变动后
数 量 比 例送 股 小 计 数 量 比 例%
一、有限售条件股份
1、国家持股 237,428,652 41.91 237,428,652 41.91
2、国有法人持股
3、其他内资持股
其中：境内法人持股
境内自然人持股
4、外资持股
其中：境外法人持股
境外自然人持股
5
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
有限售条件股份合计 237,428,652 41.91 237,428,652 41.91
二、无限售条件流通股份
1、人民币普通股 96,095,538 16.96 96,095,538 16.96
2、境内上市的外资股 232,925,000 41.13 237,428,652 41.91
3、境外上市的外资股
4、其他
无限售条件流通股份合
计
329,020,538 58.09 329,020,538 58.09
三、股份总数 566,449,190 100 566,449,190 100
股份变动的批准情况
1、2006年2月21日，获得国家商务部《商务部关于同意上海二纺机股份有限
公司股份转让的批复》；
2、2006年2月28日，获得上海市外国投资工作委员会《关于转发<商务部关于
同意上海二纺机股份有限公司股份转让的批复>的通知》，公司股份于2006年3
月3日复牌上市。
3、公司已于2006年3月3日按照中国证券登记结算有限责任公司上海分公司的
有关规定将所分派股份直接计入股东帐户。
4、上海国有资产监督管理委员会委托上海电气（集团）总公司管理本公司国有
股，太平洋机电(集团)有限公司是本公司(国有股)授权经营单位，持有本公司
237,428,652股，占总股本41.91%股份。
(二)股东情况
1、股东数量和持股情况
单位：股
报告期末股东总数 82,639 户。其中a 股股东为42221 户，b股股东为40418 户。
前十名股东持股情况
股东名称 股东性质
持股比
例(%)
持股总数
报告期
内增减
持有有限售条
件股份数量
质押或冻结
的股份数量
太平洋机电(集团)有限
公司---国家股授权经营
单位
国有股东 41.91 237,428,652 237,428,652 0
hsbc private bank
(suisse) sa geneva
外资股东 0.17 1,000,000 未知
张惠定 外资股东 0.15 890,571 未知
6
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
merrill lynch far east
limited
外资股东 0.14 806,425 未知
hsbc fund services a/c
006-113039-431
外资股东 0.12 734,000 未知
是裕兴 外资股东 0.11 677,107 未知
黄志豪 外资股东 0.11 666,100 未知
刘达 外资股东 0.11 655,600 未知
张光中 外资股东 0.11 643,805 未知
scbhk a/c kg
investments asia
limited
外资股东 0.10 604,910 未知
前十名无限售条件股东持股情况
股东名称 持有无限售条件股份数量股份种类
hsbc private bank (suisse) sa geneva 1,000,000 境内上市外资股
张惠定 890,571 境内上市外资股
merrill lynch far east limited 806,425 境内上市外资股
hsbc fund services a/c 006-113039-431 734,000 境内上市外资股
是裕兴 677,107 境内上市外资股
黄志豪 666,100 境内上市外资股
刘达 655,600 境内上市外资股
张光中 643,805 境内上市外资股
scbhk a/c kg investments asia limited 604,910 境内上市外资股
郁玉生 553,000 境内上市外资股
上述股东关联关系或一致行动关系的说明
公司未知在流通股东之间是否存在关联关系或是否属于一
致行动人。
前十名有限售条件股东持股数量及限售条件
单位：股
序号有限售条件股东名称
持有的有限
售条件股份
数量
有限售条件股份可上市交易情况
限售条件
可上市交易时间
新增可上市
交易股份数
量
1
太平洋机电(集团)有限公司
---国家股授权经营单位
237,428,652 2007 年3 月3 日237,428,652
第一年不得上市交
易，第二年不超过总
股本的5%,第三年累
计不超过总股本的
10%.
7
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
2、控股股东及实际控制人变更情况
本报告期内公司控股股东及实际控制人没有发生变更。
第三节、董事、监事、高级管理人员情况
1、报告期内，公司新增董事、监事、高级管理人员持有公司股票情况。
(一)董事、监事和高级管理人员持股变动
姓名 职务
期初持
股数
期末持
股数
股份增
减数
变动原因
郑元湖 董事长、党委书记 0 0
李培忠 董事、总经理、党委副书记 0 0
崔翎 董事、常务副总经理、总工程师 3,000 4,050 1,050 股改10 送3.5 股
梅建中 董事、财务总监 1,000 1,350 350 股改10 送3.5 股
王承宗 董事、党委副书记、工会主席 3,000 4,050 1,050 股改10 送3.5 股
张敷彪 董事 0 0
倪迪 独立董事 0 0
高勇 独立董事 1,863 2,515 652 股改10 送3.5 股
曹惠民 独立董事 0 0
徐祖成 监事长、党委副书记、纪委书记 0 0
虞志奋 副监事长 0 0
高尔其 监事 0 0
张复海 监事、纪委副书记 1,000 1,350 350 股改10 送3.5 股
杨敏 监事 1,000 1,350 350 股改10 送3.5 股
韦保荣 副总经理、党委副书记 5,324 7,187 1,863 股改10 送3.5 股
潘荣高 副总经理 2,001 2,701 700 股改10 送3.5 股
龚建平 副总经理 2,000 2,700 700 股改10 送3.5 股
李勃 董事会秘书 1,000 1,350 350 股改10 送3.5 股
(二)新聘或解聘公司董事、监事、高级管理人员的情况
本报告期内公司无新聘或解聘公司董事、监事、高级管理人员的情况。
8
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
第四节、管理层讨论与分析
一、公司经营情况
（一）、经营状况讨论与分析
年初，公司董事会提出了2006年经营工作的指导思想：坚持以发展为主题，
牢牢抓住“市场、产品、管理、效益”八字工作方针，进一步加快推进企业机制、
体制创新的步伐，努力实现“三突破、三深化、五提高”。上半年来，公司两级
领导班子和全体职工克服了市场急剧变化和产品、人员结构调整带来的种种困
难，奋发努力，使年度的各项工作与目标任务得到了稳步的推进与落实，为全面
完成年度经营工作目标打下了基础。
1、集中精力开发重点产品，加快推进“三大产品”商品化工作进程，在发展核
心技术上取得了新突破。上半年，公司把产品开发和加快商品化进程工作重点放
在带集体落纱的长车细纱机、粗纱机和自动络筒机三大产品上；公司调整对科技
人员的激励分配方案，将项目开发完成情况与奖励挂钩，充分调动科技人员积极
性；在人手少，时间紧，合同难度大的情况下，全体科技人员倡导团队拼搏精神，
以交叉组合的方式，进行项目开发和技术攻关，使产品开发和商品化进程工作取
得了新突破。
2、树立大营销观念，大力拓展海外市场，加强营销人员队伍建设，完善考核激
励机制。积极应对市场较大变化，调整营销策略，在扩大市场覆盖面有新的突破。
3、坚持不懈的强化基础管理，继续改进和完善内部管理机制，以提升管理者素
质、管理制度完善和利益导向为主的管理机制，在有效管理机制上不断形成新突
破。
（二）、报告期公司经营情况
1、公司主营业务的范围及其经营情况
（1）公司主营业务经营情况的说明
截止本报告期末，本公司合并资产总额为118,670.40 万元，负债总额为
52,050.30万元，所有者权益为66,620.10 万元；上半年公司实现主营业务收入
39,689.66万元，主营利润3,716.05万元，净利润226.34万元。
公司主营业务的范围：生产销售纺织机械及相关的电子电器产品、通用机械、
光电子技术产品、金属制品、塑料制品；非出版物的印刷及包装装璜印刷业务；
技术服务；仓储营运。
9
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
2、主营业务分行业、产品情况表
单位:元 币种:人民币
分行业或
分产品
主营业务收入主营业务成本
主营业务
利润率(%)
主营业务收入
比上年同期增
减（％）
主营业务成
本比上年同
期增减（％）
主营业务利
润率比上年
同期增减
（%）
分行业
纺机类
行业
395,534,372.48 357,575,423.70 9.60 10.34 17.66
增加了2.44
个百分点
其中：
关联交易
25,857,546.01 24,019,970.67 7.11 -58.25 -54.25
减少了8.11
个百分点
分产品
纺机类
产品
395,534,372.48 357,575,423.70 9.60 10.34 17.66
增加了2.44
个百分点
其中：
关联交易
25,857,546.01 24,019,970.67 7.11 -58.25 -54.25
减少了8.11
个百分点
关联交易的定价原则市场价
3、主营业务分地区情况
单位:元 币种:人民币
地区主营业务收入主营业务收入比上年同期增减（％）
中国境内 299,888,057.64 16.56
中国境外 97,008,491.01 -5.17
报告期内上市公司向控股股东及其子公司销售产品和提供劳务的关联交易总金
额为2,585.75万元。
4、对净利润产生重大影响的其他经营业务
单位:元 币种:人民币
其他经营业务产生的损益占净利润的比重(%)
武夷路房地产出售收入 13,991,161.97 618.16
在报告期内，公司将武夷路房地产出售给上海电气集团资产经营有限公司，
对净利润的贡献额为13,991,161.97元。
10
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
5、投资收益对公司净利润影响达到10%以上的参股公司的经营情况及业绩
单位:元 币种:人民币
公司名称经营范围净利润
参股公司贡献
的投资收益
占上市公司净
利润的比重(%)
上海良基实业有
限公司
国际国内贸易 563,523.43 507,171.09 22.41
上海良纺纺织机
械专件有限公司
生产、销售纺机的锭子、罗
拉及其他纺机配件
1,158,373.84 984,617.76 43.50
6、控股股东及其子公司占用公司资金的总体情况：
单位:元 币种:人民币
应收应付款项
名称
关联方期初金额期末金额
应收帐款太平洋机电（集团）有限公司 7,052,000.00 1,582,000.00
应收帐款上海太平洋纺织机械成套设备有限公司 26,485,912.40 24,270,046.24
应收帐款上海新四机机电有限责任公司 6,752,635.26 6,752,635.26
其他应收款太平洋机电（集团）有限公司 0 1,212,556.10
其他应收款上海逸杰信息科技有限公司 0 42,740.43
其他应收款海南良基投资发展有限公司 682,316.58 695,623.18
其他应收款上海太平洋纺织机械成套设备有限公司7,000,000.00
应付帐款上海新四机机电有限责任公司 1,242,000.00 1,142,000.00
预收帐款太平洋机电（集团）有限公司 7,832,991.00 4,402,391.00
预收帐款上海新四机机电有限责任公司 0 189,826.05
预收帐款山东良基纺织机械有限公司 5,504,178.62 1,482,920.00
其他应付款太平洋机电（集团）有限公司 685,026.90 772,840.73
其他应付款上海二纺机化纤成套设备有限公司 388,828.00
预付帐款上海太平洋纺织机械成套设备有限公司6,200,000.00
7、主营业务及其结构发生重大变化的原因说明
公司通过开拓产品市场,提高产品的技术含量，使今年上半年的纺机类产品
的销售收入比去年同期增长了15.68%。
11
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
8、利润构成与上年度相比发生重大变化的原因分析
单位:元币种:人民币
项目
本报告期 上一年度
比例增减
金额
占利润总
额%
金额
占利润总额
%
主营业务利润 37,160,481.46 1201.30 121,167,697.63 1,217.70 减少16.4 个百分点
其他业务利润 4,514,002.75 145.93 8,055,533.28 80.96 增加64.97 个百分点
期间费用 54,239,434.57 1753.41 132,085,536.23 1,327.42 增加425.99 个百分点
投资收益 220,949.01 7.14 6,293,730.71 63.25 减少56.11 个百分点
补贴收入 0.00 149,000.00 1.50
营业外收支净额 15,437,366.06 499.05 6,370,140.22 64.02 增加435.03 个百分点
分析：
(1) 主营业务利润：本报告期的主营业务利润占利润总额的比重与上年度基本持
平，主要是由于本报告期的毛利率水平与上年度相比无重大变动。
(2) 其他业务利润： 由于本报告期（半年度报告）的利润总额未达到上一年度
的50%，而本报告期内的其他业务利润超过上一年度其他业务利润的50%，导致
本报告期内的其他业务利润占利润总额的比重较上一年度增加64.97个百分点。
(3) 期间费用：本报告期内，公司严格执行财务预算，控制各类非生产性费用的
发生，发生的期间费用仅占上一年度期间费用总额的41.06%，但由于作为分母
的利润总额的变动，导致期间费用占利润总额的百分比较上一年度发生了比较大
的变化。
(4) 投资收益：本报告期的投资收益占利润总额的比重较上一年度减少了56.11
个百分点，主要原因是：上年度有清理子公司（上海良基房地产有限公司和上海
奥依光电子有限公司）所产生的收益所致。
(5) 补贴收入：本报告期内无补贴收入，上一年度的补贴收入是子公司（上海良
基实业有限公司）收到14.9 万元的财政补贴。
(6) 营业外收支净额：本报告期的营业外收支净额占利润总额的比重较上一年度
增加435.03 个百分点的主要原因是：本报告期内公司武夷路房地产转让收益较
大所致。
12
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
（三）、报告期内，投资情况
1、募集资金使用情况
报告期内，公司无募集资金或前期募集资金使用到本期的情况。
2、非募集资金项目情况
报告期内，公司无非募集资金项目。
3、重大投资情况
报告期内，公司无重大投资项目。
第六节、重要事项
（一）、公司治理的实际状况
1、为促进上市公司规范运作，根据《中华人民共和国公司法》、《中华人民共和
国证券法》，中国证监会制定的《上市公司章程指引》（2006年修订）。按照中国
证券会关于印发《上市公司章程指引》（证监公司字[2006]38号）的通知中：“上
市公司应当在本通知发出后的第一次股东大会上，对其公司章程作出相应修改的
要求”及新修改的《股东大会议事规则》、《董事会议事规则》、《监事会议事规则》
指引。结合本公司的实际情况，对上述章程和规则进行修改，经董事会审议，并
提请公司第二十一次（暨2005年度）股东大会审议讨论通过。
上述公告刊登于2006年5月17日的《上海证券报》、香港《大公报》。
2、公司按照《上市公司治理准则》的要求，不断完善公司法人治理结构建设，
规范公司运作，严格信息披露，重视投资者的关系管理。公司董事、独立董事能
按照有关法律法规和《公司章程》的要求，认真履行职责，维护公司整体利益及
中小股东利益。
（二）、报告期实施的利润分配执行情况
报告期内，公司拟定2005年度不进行利润分配及不进行资本公积金转增
股本方案。
（三）、中期拟定的利润分配预案、公积金转增股本预案
本公司2006年中期未有利润分配预案、公积金转增股本预案。
（四）、报告期内，公司应披露的重大诉讼、仲裁事项
1、2001年3月公司诉新疆京城棉纺织厂设备欠款，案号（2001）虹经初字
第293号。经一审法院判决：新疆京城棉纺织厂支付本公司货款482.12万元。
13
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
2002年8月，新疆京城棉纺织厂上诉本公司（［2002］沪二中民四［商］终字第
405号）被驳回。至今为止，此案已由虹口法院委托新疆铁路中院执行，查封了
部分机器设备，并收到7.04万元，公司继续积极组织实施对法院执行的应收款
催讨。
2、本公司诉山东省济南正昊化纤新材料有限公司（以下简称“济南正昊”）
承揽合同纠纷案件，经上海市第二中级人民法院于2005年9月22日作出了生效
判决（案号：[2005]沪二中民四[商]初字第30号），判令济南正昊支付给本公司
货款人民币1,122.60万元及违约金人民币56.13万元，合计人民币1,178.73
万元。在提起诉讼时，经提出财产保全申请，法院已依法对济南正昊相关财产进
行了查封。现该案已进入了法院强制执行程序（案号：[2005]沪二中执字第1125
号），至今为止，有关执行工作在进行之中。
（五）、资产出售情况
本公司向公司股东的子公司上海电气集团资产经营有限公司转让公司武夷
路242 号房地产。该资产的帐面价值为36.56 万元人民币，评估价值为1,520
万元人民币，实际出售金额为1,520万元人民币，产生收益1,399万元人民币。
本次出售价格的确定依据是根据上海富申房地产估价有限公司估价，经双方认可
确定。该事项已于2006年4月15日刊登在上海证券报、香港《大公报》上。目
前已完成转让手续 。本交易为关联交易。
（六）、重大关联交易
1、与日常经营相关的关联交易
（1）、购买商品、接受劳务的重大关联交易
单位:元 币种:人民币
关联方名称
关联
交易
内容
关联交
易定价
原则
关联
交易
价格
关联交易金
额
占同类交易
金额的比例
(%)
关联交
易结算
方式
市场
价格
关联交易
对公司利
润的影响
临海良纺纺
织专件有限
公司
购买市场价
市场
的公
允价
5,660,498.70 16.48 银行往
来
市场
的公
允价
-
上海太平洋
纺织机械成
套设备有限
公司
购买市场价
市场
的公
允价
2,820,512.82 8.21
银行往
来
市场
的公
允价
-
14
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
（2）、销售商品、提供劳务的重大关联交易
单位:元 币种:人民币
关联方名称
关联
交易
内容
关联
交易
定价
原则
关联
交易
价格
关联交易金
额
占同类交
易金额的
比例(%)
关联
交易
结算
方式
市场
价格
关联交易对公
司利润的影响
太平洋机电
（集团）有限
公司
销售
市场
价
市场
的公
允价
6,526,923.07 19.01 银行
往来
市场
的公
允价
473,593.54
山东良基纺
织机械有限
公司
销售
市场
价
市场
的公
允价
6,235,111.11 18.16 银行
往来
市场
的公
允价
444,126.96
上海太平洋
纺织机械成
套设备有限
公司
销售
市场
价
市场
的公
允价
13,095,511.83 38.14
银行
往来
市场
的公
允价
919,854.84
①本公司向控股股东太平洋机电（集团）有限公司销售。
②本公司向联营公司山东良基纺织机械有限公司销售。
③本公司向股东的子公司上海太平洋纺织机械成套设备有限公司销售。
2、预计关联交易额
根据上市公司治理准则的要求，为了在规范公司法人治理结构的前提下，进
一步提高公司的经营运行效率和质量，针对化纤纺丝机械销售市场的变化情况，
公司董事会提请股东大会授权董事会审定2006年度持续性销售经营关联交易。
公司第二十一次（暨2005年度）股东大会审议通过了《关于提请股东大会授权
董事会审定公司2006年度持续性销售经营关联交易的议案》。预计公司2006年
度化纤纺丝机械销售可达25,000万元。本次公告于2006年5月17日刊登在《上
海证券报》、香港《大公报》。
（七）、报告期内，重大合同及其履行情况
1、托管情况
本报告期公司无托管事项。
2、承包情况
本报告期公司无承包事项。
3、租赁情况
报告期内，公司房屋租赁收益为382.98万元。
（八）、担保情况
报告期内，公司发生或以前期间发生但延续到报告期的担保事项。
15
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
截至2006年6月30日止，公司对外提供担保情况如下（上海普恩伊进出口
有限公司是本公司控股90%的子公司）：
单位:万元 币种:人民币
公司对外担保情况（不包括对控股子公司的担保）
担保对
象
发生日期（协议
签署日）
担保金额 担保类型
担保
期限
是否履
行完毕
是否为关
联方担保
报告期内担保发生额合计 0
报告期末担保余额合计 0
公司对控股子公司的担保情况
报告期内对控股子公司担保发生额合计 0
报告期末对控股子公司担保余额合计 1,600
公司担保总额情况（包括对控股子公司的担保）
担保总额 1,600
担保总额占公司净资产的比例(%) 2.48
其中：
为股东、实际控制人及其关联方提供担保的金额 0
直接或间接为资产负债率超过70％ 的被担保对象提供的债
务担保金额
0
担保总额超过净资产50％部分的金额 0
上述三项担保金额合计 0
报告期内，公司未有违规担保。
（九）、委托理财情况
本报告期公司无委托理财事项。
（十）、其他重大合同
本报告期公司无其他重大合同。
（十一）承诺事项
报告期内，公司或持有公司股份5%以上（含5%）的股东没有发生或以前期
间发生但延续到报告期的对公司经营成果、财务状况可能发生重要影响的承诺事
项。
16
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
（十二）聘任、解聘会计师事务所情况
报告期内，公司未改聘会计师事务所。公司现聘任上海立信长江会计师事务
所有限公司为公司a股审计事务所，聘任浩华会计师事务所为公司b股审计事务
所
（十三）公司、董事会、董事受处罚及整改情况
报告期内，公司、公司董事会及董事没有受到中国证监会稽查、中国证监会
行政处罚、通报批评、被其他行政管理部门处罚及证券交易所公开谴责的情况。
(十四)其它重大事项
报告期内，公司于2006年1月23日公司召开了a股市场相关股东会议，审议股
权分置改革方案，公司股权分置改革方案获得高票通过。
公司的股改方案是：非流通股股东太平洋机电（集团）有限公司向方案实施
股权登记日登记在册的全体a股流通股股东支付24,913,658股，即每10股流通a
股股东获送3.5股。方案实施后公司的总股本不变，公司的资产、负债、所有者
权益、每股收益等财务指标均保持不变。
在获得国家商务部和上海市外国投资工作委员会的相关批复后，在上海交易
所和中国证券登记结算有限责任公司上海分公司办理了公司a 股股票复牌的相
关手续，并于2006年3月3日正式复牌，公司a股股票简称改为“g二纺机”，
股票代码为“600604”不变。公司顺利完成了股权分置改革的全部工作。
（十五）或有事项
2001年6月，东方汇理银行上海分行在香港起诉我司欠款纠纷，诉讼标的
260.56万美元，香港高等法院以诉讼案第14569字受理，我司在香港应诉。应
东方汇理银行上海分行要求，法院以简易程序审理。2001年11月30日，香港
高等法院判决未支持东方汇理银行上海分行的诉讼请求。2001年12月13日，
东方汇理银行上海分行提起上诉，2002年6月12日该上诉被驳回。后东方汇理
银行上海分行请求以普通程序进行延期审理，法院同意。2005年1月5日,法庭
审理本案,要求双方提交证据。至今为止，处于证据准备阶段。
17
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
（十六）信息披露索引
事项
刊载的报刊名称
及版面
刊载日期
刊载的互联网网站及检
索路径
上海二纺机股份有限公司关于中国证券监督管
理委员会上海证监局巡检整改执行结果的公告
《上海证券报》、
香港《大公报》
2006 年1
月7 日
http://www.sse.com.cn
上海二纺机股份有限公司关于召开a 股市场相
关股东会议的第一次催告通知
《上海证券报》
2006 年1
月9 日
http://www.sse.com.cn
上海二纺机股份有限公司关于股权分置改革方
案获得上海市国有资产监督管理委员会批准的
公告
《上海证券报》
2006 年1
月10 日
http://www.sse.com.cn
上海二纺机股份有限公司关于召开a 股市场相
关股东会议的第二次催告通
《上海证券报》
2006 年1
月12 日
http://www.sse.com.cn
上海二纺机股份有限公司股票异常波动的公告
《上海证券报》、
香港《大公报》
2006 年1
月23 日
http://www.sse.com.cn
上海二纺机股份有限公司a 股市场相关股东会
议表决结果公告
《上海证券报》
2006 年1
月24 日
http://www.sse.com.cn
上海二纺机股份有限公司股权分置改革和涉及
股权变更事项获得商务部批复的公告
《上海证券报》
2006 年2
月27 日
http://www.sse.com.cn
上海二纺机股份有限公司股权分置改革方案实
施公告
《上海证券报》
2006 年2
月28 日
http://www.sse.com.cn
上海二纺机股份有限公司第五届董事会第十五
次会议决议公告
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司2005 年度报告摘要
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司第五届监事会第十一
次会议决议公告
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司2006 年度持续性销售
经营关联交易公告
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司关于召开公司第二十
一次(暨2005 年度)股东大会的公告
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司关联交易公告
《上海证券报》、
香港《大公报》
2006 年4
月15 日
http://www.sse.com.cn
上海二纺机股份有限公司2006 年第一季度报告
《上海证券报》、
香港《大公报》
2006 年4
月24 日
http://www.sse.com.cn
上海二纺机股份有限公司第二十一次（暨2005
年度）股东大会决议公告
《上海证券报》、
香港《大公报》
2006 年5
月17 日
http://www.sse.com.cn
18
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
第七节、财务会计报告
公司本期财务会计报告（未经审计）。
一、财务报表
1、资产负债表
2、利润及利润分配表
3、现金流量表
19
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd
资产负债表
200 6年06月30日
编制单位: 上海二纺机股份有限公司
单位: 元 币种:人民币
项目
附注合并母公司
合并母公司期末数期初数期末数期初数
流动资产：
货币资金118,537,301.44 151,374,719.78 85,692,091.72 94,507,004.37
短期投资
应收票据7,873,240.20 133,618,015.93 6,673,240.20 112,143,623.21
应收股利
应收利息
应收账款143,839,337.77 131,686,241.99 132,770,224.61 123,589,332.65
其他应收款16,159,202.12 8,353,091.25 18,589,980.23 9,521,130.28
预付账款29,681,151.44 10,879,256.22 10,811,566.38 8,318,504.22
应收补贴款5,616,195.45
存货334,005,639.77 381,476,997.22 303,715,016.61 339,349,169.04
待摊费用410,725.27 410,725.27
一年内到期的长期债权投
资
其他流动资产
流动资产合计656,122,793.46 817,388,322.39 558,662,845.02 687,428,763.77
长期投资：
长期股权投资36,327,580.34 36,265,980.65 93,360,737.93 102,449,236.17
长期债权投资
长期投资合计36,327,580.34 36,265,980.65 93,360,737.93 102,449,236.17
其中：合并价差-385,342.16 -385,342.16
其中：股权投资差额-385,342.16 -385,342.16
固定资产：
固定资产原价1,035,980,079.87 1,039,027,090.45 994,122,231.19 994,212,280.85
减：累计折旧488,953,873.55 475,332,210.79 470,147,156.12 456,442,079.29
固定资产净值547,026,206.32 563,694,879.66 523,975,075.07 537,770,201.56
减：固定资产减值准备93,982,763.37 93,982,763.37 88,005,467.98 88,005,467.98
固定资产净额453,043,442.95 469,712,116.29 435,969,607.09 449,764,733.58
工程物资
在建工程6,988,048.70 5,917,191.66 6,729,201.70 5,837,191.66
固定资产清理
固定资产合计460,031,491.65 475,629,307.95 442,698,808.79 455,601,925.24
无形资产及其他资产：
无形资产32,349,848.35 33,128,018.20 32,349,848.35 33,128,018.20
长期待摊费用1,872,289.35
其他长期资产
无形资产及其他资产合计34,222,137.70 33,128,018.20 32,349,848.35 33,128,018.20
递延税项：
递延税款借项
资产总计1,186,704,003.15 1,362,411,629.19 1,127,072,240.09 1,278,607,943.38
20
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
流动负债：
短期借款177,228,124.98 275,681,385.47 152,628,124.98 244,398,385.47
应付票据
应付账款219,188,628.83 279,654,235.53 249,092,662.09 268,276,374.02
预收账款63,344,420.80 79,933,523.74 26,847,095.04 62,807,887.92
应付工资
应付福利费1,684,308.38 1,268,447.25 1,128.10
应付股利48,982.25 28.84
应交税金6,833,035.92 1,738,908.53 6,653,088.24 9,953,176.94
其他应交款867,861.37 966,666.53 852,819.67 966,248.14
其他应付款37,277,215.14 42,938,813.44 28,397,847.56 29,977,323.53
预提费用1,476,457.84 2,463,057.38 445,457.84 2,463,057.38
预计负债
一年内到期的长期负债
其他流动负债
流动负债合计507,949,035.51 684,645,066.71 464,918,223.52 618,842,453.40
长期负债：
长期借款4,082,730.79 4,082,730.79
应付债券
长期应付款
专项应付款
其他长期负债
长期负债合计4,082,730.79 4,082,730.79
递延税项：
递延税款贷项
负债合计512,031,766.30 688,727,797.50 464,918,223.52 618,842,453.40
少数股东权益8,471,209.62 10,025,087.63
所有者权益（或股东权
益）：
实收资本（或股本）566,449,190.00 566,449,190.00 566,449,190.00 566,449,190.00
减：已归还投资
实收资本（或股本）净额566,449,190.00 566,449,190.00 566,449,190.00 566,449,190.00
资本公积69,537,598.09 69,412,428.38 69,537,598.09 69,412,428.38
盈余公积11,524,598.94 11,524,598.94 3,611,145.86 3,611,145.86
其中：法定公益金
未分配利润19,399,149.07 17,135,792.19 22,556,082.62 20,292,725.74
拟分配现金股利
外币报表折算差额
减：未确认投资损失709,508.87 863,265.45
所有者权益（或股东权益）
合计
666,201,027.23 663,658,744.06 662,154,016.57 659,765,489.98
负债和所有者权益（或股
东权益）总计
1,186,704,003.15 1,362,411,629.19 1,127,072,240.09 1,278,607,943.38
公司法定代表人: 郑元湖 主管会计工作负责人:梅建中 会计机构负责人:陈志虎
21
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd
利润及利润分配表
2006 年1-6 月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
项目
附注合并母公司
合并母公司本期数上年同期数本期数上年同期数
一、主营业务收入396,896,548.65 359,585,021.70 337,916,862.54 308,780,682.16
减：主营业务成本357,933,817.86 304,058,015.20 314,573,124.91 267,738,448.79
主营业务税金及附加1,802,249.33 1,603,027.44 1,411,505.94 1,266,887.17
二、主营业务利润（亏损以“-”号填列）37,160,481.46 53,923,979.06 21,932,231.69 39,775,346.20
加：其他业务利润（亏损以“-”号填列）4,514,002.75 1,269,081.32 4,055,171.16 553,751.06
减: 营业费用7,849,707.36 8,676,576.43 4,796,406.66 4,680,773.78
管理费用42,137,787.82 41,125,024.39 31,937,602.92 31,594,187.73
财务费用4,251,939.39 4,562,535.56 4,018,404.13 4,430,746.60
三、营业利润（亏损以“-”号填列）-12,564,950.36 828,924.00 -14,765,010.86 -376,610.85
加：投资收益（损失以“-”号填列）220,949.01 1,428,323.42 1,894,657.47 2,150,675.12
补贴收入
营业外收入16,757,356.05 2,212,095.04 16,411,922.15 2,207,221.44
减：营业外支出1,319,989.99 784,743.58 1,192,833.29 772,915.91
四、利润总额（亏损总额以“-”号填列）3,093,364.71 3,684,598.88 2,348,735.47 3,208,369.80
减：所得税425,929.54 620,122.57 85,378.59 175,211.19
减：少数股东损益250,321.71 83,829.82
加：未确认投资损失(合并报表填列) -153,756.58 52,512.12
五、净利润（亏损以“-”号填列）2,263,356.88 3,033,158.61 2,263,356.88 3,033,158.61
加：年初未分配利润17,135,792.19 12,916,104.92 20,292,725.74 14,364,295.13
其他转入
六、可供分配的利润19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
减：提取法定盈余公积
提取法定公益金
提取职工奖励及福利基金(合并报表填列)
提取储备基金
提取企业发展基金
利润归还投资
七、可供股东分配的利润19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
减：应付优先股股利
提取任意盈余公积
应付普通股股利
转作股本的普通股股利
八、未分配利润(未弥补亏损以“-”号填列) 19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
补充资料：
1.出售、处置部门或被投资单位所得收益
2.自然灾害发生的损失
3.会计政策变更增加(或减少)利润总额
4.会计估计变更增加(或减少)利润总额
5.债务重组损失
6.其他
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
22
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
现金流量表
2006 年1-6 月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
项目
附注
合并数母公司数
合并母公司
一、经营活动产生的现金流量：
销售商品、提供劳务收到的现金334,376,878.25 248,197,710.05
收到的税费返还13,796,280.78
收到的其他与经营活动有关的现金35,504,283.77 20,254,634.20
现金流入小计383,677,442.80 268,452,344.25
购买商品、接受劳务支付的现金296,686,097.19 190,003,111.97
支付给职工以及为职工支付的现金34,182,936.68 28,338,418.69
支付的各项税费33,558,911.23 24,992,747.42
支付的其他与经营活动有关的现金64,638,692.61 39,758,382.67
现金流出小计429,066,637.71 283,092,660.75
经营活动产生的现金流量净额-45,389,194.91 -14,640,316.50
二、投资活动产生的现金流量：
收回投资所收到的现金
其中：出售子公司收到的现金
取得投资收益所收到的现金138,547.49 1,019,708.62
处置固定资产、无形资产和其他长期
资产而收回的现金
18,750,747.74 18,632,131.74
收到的其他与投资活动有关的现金
现金流入小计18,889,295.23 19,651,840.36
购建固定资产、无形资产和其他长期
资产所支付的现金
6,593,676.22 6,037,889.73
投资所支付的现金
支付的其他与投资活动有关的现金
现金流出小计6,593,676.22 6,037,889.73
投资活动产生的现金流量净额12,295,619.01 13,613,950.63
三、筹资活动产生的现金流量：
吸收投资所收到的现金
其中：子公司吸收少数股东权益性投
资收到的现金
借款所收到的现金176,600,000.00 152,000,000.00
收到的其他与筹资活动有关的现金
现金流入小计176,600,000.00 152,000,000.00
偿还债务所支付的现金171,700,000.00 155,700,000.00
分配股利、利润或偿付利息所支付的
现金
4,640,012.04 4,090,575.25
其中：支付少数股东的股利
支付的其他与筹资活动有关的现金
其中：子公司依法减资支付给少数股
东的现金
现金流出小计176,340,012.04 159,790,575.25
23
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
筹资活动产生的现金流量净额259,987.96 -7,790,575.25
四、汇率变动对现金的影响-3,830.40 2,028.47
五、现金及现金等价物净增加额-32,837,418.34 -8,814,912.65
补充材料
1、将净利润调节为经营活动现金流
量：
净利润2,263,356.88 2,263,356.88
加：少数股东损益(亏损以“-”号填列) 250,321.71
减：未确认的投资损失-153,756.58
加：计提的资产减值准备3,417.70 3,417.70
固定资产折旧19,521,246.49 18,834,881.73
无形资产摊销834,905.85 778,169.85
长期待摊费用摊销
待摊费用减少（减：增加）-410,725.27 -410,725.27
预提费用增加（减：减少）-986,599.54 -2,017,599.54
处理固定资产、无形资产和其他长期
资产的损失(减:收益)
-15,183,440.40 -14,842,720.27
固定资产报废损失
财务费用4,585,493.94 4,082,686.29
投资损失（减：收益）-220,949.01 -1,894,657.47
递延税款贷项（减：借项）
存货的减少（减：增加）47,471,357.45 35,634,152.43
经营性应收项目的减少(减：增加) 91,265,658.19 82,112,987.91
经营性应付项目的增加(减：减少) -194,936,995.48 -139,184,266.74
其他
经营活动产生的现金流量净额-45,389,194.91 -14,640,316.50
2．不涉及现金收支的投资和筹资活
动：
债务转为资本
一年内到期的可转换公司债券
融资租入固定资产
3、现金及现金等价物净增加情况：
现金的期末余额118,537,301.44 85,692,091.72
减：现金的期初余额151,374,719.78 94,507,004.37
加：现金等价物的期末余额
减：现金等价物的期初余额
现金及现金等价物净增加额-32,837,418.34 -8,814,912.65
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
24
上海二纺机股份有限公司
shanghai erfangji co 。，ltd
合并资产减值准备明细表
2006 年1-6 月
2006 年度半年报
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
项目期初余额本期增加数
本期减少数
期末余额因资产价
值回升转
回数
其他原
因转出
数
合计
坏账准备合计25,338,316.22 3,417.70 25,341,733.92
其中：应收账款23,604,668.97 3,417.70 23,608,086.67
其他应收款1,733,647.25 1,733,647.25
短期投资跌价准备合计
其中：股票投资
债券投资
存货跌价准备合计48,824,932.10 48,824,932.10
其中：库存商品17,596,942.86 17,596,942.86
原材料29,126,997.21 29,126,997.21
长期投资减值准备合计2,195,138.72 2,195,138.72
其中：长期股权投资2,195,138.72 2,195,138.72
长期债权投资
固定资产减值准备合计93,982,763.37 93,982,763.37
其中：房屋、建筑物21,519,736.04 21,519,736.04
机器设备72,463,027.33 72,463,027.33
无形资产减值准备
其中：专利权
商标权
在建工程减值准备
委托贷款减值准备
资产减值合计170,341,150.41 3,417.70 170,344,568.11
公司法定代表人:郑元湖 主管会计工作负责人:梅建中 会计机构负责人:陈志虎
25
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
母公司资产减值准备明细表
2006年1-6月
编制单位: 上海二纺机股份有限公司
单位:元 币种:人民币
项目期初余额本期增加数
本期减少数
期末余额
因资产
价值回
升转回
数
其他原
因转出
数
合计
坏账准备合计24,733,496.95 3,417.70 24,736,914.65
其中：应收账款22,855,841.80 3,417.70 22,859,259.50
其他应收款1,877,655.15 1,877,655.15
短期投资跌价准备合
计
其中：股票投资
债券投资
存货跌价准备合计
其中：库存商品
原材料
长期投资减值准备合
计
2,195,138.72 2,195,138.72
其中：长期股权投资2,195,138.72 2,195,138.72
长期债权投资
固定资产减值准备合
计
88,005,467.98 88,005,467.98
其中：房屋、建筑物23,434,667.80 23,434,667.80
机器设备64,570,800.18 64,570,800.18
无形资产减值准备
其中：专利权
商标权
在建工程减值准备
委托贷款减值准备
资产减值合计114,934,103.65 3,417.70 114,937,521.35
公司法定代表人:郑元湖主管会计工作负责人:梅建中会计机构负责人:陈志虎
26
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
财务报表附注：
公司概况
上海二纺机股份有限公司系于1991 年12 月10 日经上海市人民政府办公厅以沪府办
[1991]155 号文批准设立的股份有限公司。1992 年2 月，经中国人民银行上海市分行以（92）
沪人金股字第5 号文批准，向社会公众公开发行境内上市内资股（a 股）股票并上市交易；
1992 年5 月，经中国人民银行上海市分行以（92）沪人金b 股字第1 号文批准，向社会公
众公开发行境内上市外资股（b 股）股票并上市交易。1995 年10 月4 日由国家工商行政管
理局换发《企业法人营业执照》，注册号为019003 号，法定代表人郑克钦。公司注册资本为
人民币566,449,190.00 元，业经大华会计师事务所验证并出具华业字（97）第1047 号验资
报告。所属行业为工业制造业。公司经营范围为生产纺织机械及相关的电子电器产品、通用
机械、光电子技术产品、金属制品、塑料制品；非出版物的印刷及包装装潢印刷业务；技术
服务；仓储营运；投资兴办企业；销售自产产品，主要产品为纺织机械。
(二)公司主要会计政策、会计估计和会计报表的编制方
法
1、会计准则和会计制度
：
执行企业会计准则、《企业会计制度》及其有关的补充规定
。
2、会计年度
：
本公司会计年度自公历1 月1 日起至12 月31 日止
。
3、记账本位币
：
本公司的记账本位币为人民币
。
4、编制基础、记账基础和计价原则
：
以权责发生制为记帐基础，以历史成本为计价原则
。
5、外币业务核算方法
：
外币业务发生时按当年年初中国人民银行公布的人民币市场汇价作为折算汇率，折合成人
民
币记帐，年末外币帐户余额按年末市场汇价（中间价）折合成人民币金额进行调整。外币
专
门借款帐户年末折算差额，在所购建固定资产达到预定可使用状态前的特定时间段内，按
规
定予以资本化，计入在建工程成本，其余的外币帐户折算差额均计入财务费用。不同货币
兑
换形成的折算差额，均计入财务费用
。
6、外币会计报表的折算方法
：
按照财政部财会字（1995）11 号《关于印发<合并会计报表暂行规定>的通知》，除所有者
权
益类项目（不含未分配利润项目）以发生时的市场汇价（中间价）折算为人民币外，资产
、
负债、损益类项目均以合并会计报表决算日的市场汇价（中间价）折算为人民币。外币报
表
折算差额在合并资产负债表中单独列示
。
7、现金及现金等价物的确定标准
：
在编制现金流量表时，将同时具备期限短（从购买日起，三个月到期）、流动性强、易于
转
换为已知现金、价值变动风险很小四个条件的投资，确定为现金等价物
。
27
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
8、应收款项坏账损失核算方法
坏账的确认标准为：对因债务人撤销、破产，依照法律清偿程序后确实无法收回的应收款
项；因债务人死亡，既无遗产可清偿，又无义务承担人，确实无法收回的应收款项；因债务
人逾期未履行偿债义务并有确凿证据表明，确实无法收回的应收款项，按照公司管理权限批
准核销。
坏账的核算方法：公司的坏账核算采用备抵法，期末公司对应收款项（包括应收账款和其
他应收款）按账龄分析法计提坏账准备，
账龄分析法
帐龄应收帐款计提比例(%) 其他应收款计提比例(%)
1 年以内（含1 年）5 5
1－2 年10 10
2－3 年20 20
3 年以上50 50
9、存货核算方法：
1、存货分类为
存货分类为：在途物资、原材料、在产品、包装物、低值易耗品、产成品、库存商品、委托
加工物资、材料成本差异等。
2、取得和发出的计价方法
取得和发出的计价方法：各种存货按取得时的实际成本记账；存货日常核算采用计划成本法，
按月初成本差异率，将计划成本调整为实际成本。低值易耗品在领用时一次摊销。
债务重组取得债务人用以抵债的存货，以应收债权的账面价值为基础确定其入账价值；非货
币性交易换入的存货以换出资产的账面价值为基础确定其入账价值。
3、低值易耗品和包装物的摊销方法
低值易耗品采用一次摊销法；
包装物采用一次摊销法。
4、存货的盘存制度
采用永续盘存制。
5、存货跌价准备的计提方法
中期末及年末，对存货进行全面清查后，按存货的成本与可变现净值孰低提取或调整存货跌
价准备。
存货跌价准备按单个存货项目计提。
10、长期投资核算方法：
1、取得的计价方法
长期投资取得时以初始投资成本计价，包括相关的税金、手续费等。债务重组取得债务人用
以抵债的股权投资，以应收债权的帐面价值为基础确定其入帐价值；非货币性交易换入的股
权投资，以换出资产的帐面价值为基础确定其入帐价值。
2、长期股权投资的核算方法
对被投资单位无控制、无共同控制且无重大影响的，采用成本法核算；对被投资单位能实施
控制、共同控制或重大影响的，采用权益法核算。
按权益法核算长期股权投资时，初始投资成本高于应享有被投资单位净资产份额所确认的股
权投资差额，若合同规定投资期限的按投资期限平均摊销；若合同未规定投资期限的按10
年平均摊销。初始投资成本低于应享有被投资单位净资产份额的差额，计入资本公积（股权
投资准备）。2003 年以前发生的股权投资差额贷差仍按原规定摊销。再次投资发生的股权投
资差额按财会[2004]3 号文处理。
28
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
3、长期债权投资的核算方法
中期末及年末，按合同规定利率或债券票面利率计提利息，并同时按直线法摊销债券投资溢
价或折价。
4、长期投资减值准备的计提
中期末及年末，按预计可收回金额低于长期投资帐面价值的差额，计提长期投资减值准备。
自2004 年起计提长期投资减值准备时对以前年度已发生的股权投资差额按财会（2004）3
号文处理。
长期投资减值准备按个别投资项目计算确定。
11、固定资产计价、折旧方法和减值准备的计提方法：
(1) 固定资产计价和折旧方法：
固定资产是指为生产商品、提供劳务、出租或经营管理而持有的，使用年限超过一年，单位
价值较高的有形资产。
固定资产以取得时的实际成本入帐，并从其达到预定可使用状态的次月起，采用直线法(年
数平均法)提取折旧。
各类固定资产的估计残值率、折旧年限和年折旧率如下：
类别折旧年限（年）残值率（%
）
年折旧率（%
）
房屋及建筑物 30－45 4 2.1－3.2
机器设备 8－20 4 4.8－12
电子设备 8－20 4 4.8－12
运输设备 8－20 4 4.8－12
1、固定资产的取得计价：
一般遵循实际成本计价原则计价。
债务重组取得债务人用以抵债的固定资产，以应收债权的帐面价值为基础确定其入帐价值；
非货币性交易换入的固定资产，以换出资产的帐面价值为基础确定其入帐价值。
融资租入的固定资产，按租赁开始日租赁资产的原帐面价值与最低租赁付款额的现值两者中
较低者作为入帐价值，如果融资租赁资产占企业资产总额等于或小于30％的，则按最低租
赁付款额作为入帐值。
2、固定资产折旧采用年限平均法分类计提。根据固定资产类别、预计使用年限和预计净残
值率确定折旧率。
符合资本化条件的固定资产装修费用，在两次装修期间与固定资产尚可使用年限两者中较短
的期间内，采用年限平均法单独计提折旧；经营租赁方式租入的固定资产改良支出，在剩余
租赁期与租赁资产尚可使用年限两者中较短的期间内，采用年限平均法单独计提折旧。
融资租赁方式租入的固定资产，能合理确定租赁期届满时将会取得租赁资产所有权的，在租
赁资产尚可使用年限内计提折旧；无法合理确定租赁期届满时能够取得租赁资产所有权的，
在租赁期与租赁资产尚可使用年限两者中较短的期间内计提折旧。融资租赁方式租入的固定
资产发生的符合资本化条件的装修费用，在两次装修期间、剩余租赁期与固定资产尚可使用
年限三者中较短的期间内，采用年限平均法单独计提折旧。
(2) 减值准备的计提方法：
中期末及年末，对由于市价持续下跌、技术陈旧、实体损坏、长期闲置等原因导致其可收回
金额低于帐面价值的，按预计可收回金额低于其帐面价值的差额，计提固定资产减值准备。
固定资产减值准备按单项资产计提。
12、在建工程核算方法：
1、取得的计价方法
以立项项目分类核算工程发生的实际成本，当所建工程项目达到预定可使用状态时，转入固
定资产核算，尚未办理竣工决算的，按估计价值转帐，待办理竣工决算手续后再作调整。
29
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
2、在建工程减值准备的计提
中期末及年末，对于长期停建并预计在未来三年内不会重新开工的在建工程，或在性能、技
术上已落后且给企业带来经济利益具有很大不确定性的在建工程，计提在建工程减值准备。
在建工程减值准备按单项工程计提。
13、无形资产计价及摊销方法：
1、取得的计价方法
按取得时的实际成本入帐。
债务重组取得债务人用以抵债的无形资产，按应收债权的帐面价值为基础确定其入帐价值；
非货币性交易换入的无形资产，按换出资产的帐面价值为基础确定其入帐价值。
2、摊销方法
采用直线法。相关合同与法律两者中只有一方规定受益年限或有效年限的，按不超过规定年
数的期限平均摊销；两者均规定年限的按孰低者平均摊销；两者均未规定年限的按不超过十
年的期限平均摊销。
3、无形资产减值准备的计提
中期末及年末，对于因被其他新技术替代、市价大幅下跌而导致创利能力受到重大不利影响
或下跌价值预期不会恢复的无形资产，按预计可收回金额低于其帐面价值的差额，计提无形
资产减值准备。
无形资产减值准备按单项资产计提。
14、借款费用的会计处理方法：
1、借款费用资本化的确认原则
专门借款的辅助费用在所购建资产达到预定可使用状态前，予以资本化，若金额较小则直接
计入当期损益。
专门借款的利息、溢折价摊销、汇兑差额开始资本化应同时满足以下三个条件：资产支出已
经发生；借款费用已经发生；为使资产达到预定可使用状态所必要的购建活动已经开始。
当购建资产项目发生非正常中断且连续三个月或以上时，借款费用暂停资本化。当购建资产
项目达到预定可使用状态后，借款费用停止资本化。
当购建资产中部分项目分别完工且可单独使用时，该部分资产借款费用停止资本化。
普通借款的借款费用和不符合资本化规定的专门借款的借款费用，均计入发生当期损益。
2、借款费用资本化期间
按季度计算借款费用资本化金额。
3、专门借款的借款费用资本化金额的确定方法
每一会计期间利息资本化的金额＝至当年末止购建固定资产累计支出加权平均数×借款加
权平均利率。
允许资本化的辅助费用、汇兑差额按实际发生额直接资本化。
15、收入确认原则：
1、销售商品
公司已将商品所有权上的重要风险和报酬转移给买方；公司不再对该商品实施继续管理权和
实际控制权；与交易相关的经济利益能够流入企业；相关的收入和成本能可靠地计量时，确
认营业收入实现。
2、提供劳务
在同一年度内开始并完成，在劳务已经提供，收到价款或取得收取价款的依据时，确认劳务
收入的实现；如劳务的开始和完成分属不同的会计年度，在提供劳务交易的结果能够可靠估
计的情况下，在资产负债表日按完工百分比法确认相关的劳务收入。
30
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
3、让渡资产使用权
与交易相关的经济利益能够流入企业，收入的金额能可靠地计量时，按合同或协议规定确认
为收入。
16、所得税的会计处理方法：
采用应付税款法。
17、合并会计报表合并范围的确定原则及合并会计报表的编制方法：
1、合并会计报表按照《合并会计报表暂行规定》及有关文件，以母公司和纳入合并范围的
子公司的个别会计报表以及其他资料为依据进行编制。但对行业特殊及子公司规模较小，符
合财政部财会二字（1996）2 号《关于合并会计报表合并范围请示的复函》文件的规定，则
不予合并。合并时对内部权益性投资与子公司所有者权益、内部投资收益与子公司利润分配、
内部交易事项、内部债权债务进行抵销，对合并盈余公积进行调整。对纳入合并范围的合营
企业，采用比例合并法编制合并会计报表。
2、母公司与子公司采用的会计政策和会计处理方法无重大差异。
18、主要会计政策、会计估计变更及重大会计差错更正
(1) 会计政策变更
无
(2) 会计估计变更
无
(3) 会计差错更正
无
(三)税项：
1、主要税种及税率
税种计税依据税率
增值税17% 17%
营业税5% 5%
城建税1%-7% 7%
企业所得税15%~33% 15%
(四)控股子公司及合营企业
公司所控制的所有子公司情况及其合并范围：
单位:元币种:人民币
单位名称
注册
地
法定代
表人
注册资本经营范围投资额
权益比例(%) 是否
合并直接
间
接
上海良基实
业有限公司
上海梅建中12,418,000.00 国际国内贸易11,176,200.00 90.00 是
上海良基塑
料制品有限
公司
上海刘彦3,180,000.00 生产销售纺织塑
料件
3,180,000.00 100.00 是
上海良基机
械有限公司
上海侯金源1,500,000.00 生产销售纺纱机
械
1,350,000.00 90.00 是
31
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
海南良基投
资发展有限
公司
海南梅建中3,000,000.00 工业投资物业管
理
2,100,000.00 70.00 否
上海普恩伊
进出口有限
公司
上海李培忠30,000,000.00
经营自产产品和
与之配套的商品
及相关技术出口
和进口业务
27,000,000.00 90.00 是
上海良纺纺
织机械专件
有限公司
上海李培忠22,000,000.00
生产、销售纺机的
锭子罗拉、钢领及
其他纺机配件
18,700,000.00 85.00 是
上海逸杰信
息科技有限
公司
上海崔翎2,000,000.00
计算机软硬件，系
统集成专业领域
四技服务
1,675,000.00 83.75 否
山东良基纺
织机械有限
公司
山东史以玉2,000,000.00 纺织机械销售500,000.00 25.00 否
上海良宙物
资贸易有限
公司
上海成克彪2,180,000.00 纺织机械配件销
售
218,000.00 10.00 否
（1）报告期内无因购买、受让股权而增加的控股子公司、合营公司。
（2）报告期内未出售子公司。
（3）无按照比例合并方法进行合并的公司
（4）与上一报告期间相比，合并范围未发生变化。
（5）对持股比例达到50%以上的子公司，未纳入合并范围的原因说明：
海南良基投资发展有限公司已于2003 年起停业，并拟于2006 年关闭
上海逸杰信息科技有限公司资产总额、销售收入和当期净利润占母子公司资产总额、
销售收入和母公司净利润的比例均在10％以下。
(四)合并会计报表附注
1、货币资金
单位:元
项目
期末数期初数
外币金额折算率人民币金额外币金额折算率人民币金额
现金：/ / / /
人民币/ / 355,987.83 / / 248,899.95
银行存款：/ / / /
人民币/ / 116,846,083.31 / / 143,032,627.45
美元91,946.53 7.9956 735,167.68 176,198.03 8.0702 1,421,953.34
日元98,972.00 0.069467 6,875.29 98,972.00 0.068716 6,800.96
欧元11,841.13 10.1313 119,966.04 354,620.07 9.5797 3,397,153.88
其他货币资金：/ / / /
人民币/ / 473,221.29 / / 3,267,284.20
合计/ / 118,537,301.44 / / 151,374,719.78
32
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
2、应收票据
(1)
应收票据分类
单位:元币种:人民币
种类期末数期初数
银行承兑汇票7,873,240.20 124,272,192.72
商业承兑汇票 9,345,823.21
合计7,873,240.20 133,618,015.93
3、应收账款
(1) 应收账款帐龄
单位:元币种:人民币
账龄
期末数期初数
账面余额
坏账准备
账面余额
坏账准备
金额比例% 金额比例%
一年以
内132,273,266.34 78.99 5,533,940.59 119,036,873.65 76.66 5,951,843.68
一至二
年12,721,029.75 7.60 1,611,062.80 13,685,472.18 8.81 1,368,547.22
二至三
年267,380.95 0.16 108,335.72 349,104.21 0.22 69,820.84
三年以
上22,185,747.40 13.25 16,354,747.56 22,219,460.92 14.31 16,214,457.23
合计167,447,424.44 100 23,608,086.67 155,290,910.96 100 23,604,668.97
(2) 应收帐款坏帐准备变动情况
单位:元币种:人民币
项目期初余额本期增加数期末余额
应收帐款坏帐准备23,604,668.97 3,417.70 23,608,086.67
(3) 应收账款前五名欠款情况
单位:元币种:人民币
期末数期初数
金额比例% 金额比例%
前五名欠款单位
合计及比例80,404,542.56 48.02 56,328,537.48 36.27
33
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd(4) 应收帐款主要单位
单位:元币种:人民币
单位名称
与本公司
关系
欠款金额
欠款
时间
欠款原因
计提坏帐
比例
计提坏帐原
因
上海太平洋纺织机械成
套设备有限公司
客户 24,270,046.24 1 年以
内
按合同分
期收款5% 按企业会计
制度规定
滨州太平洋机械设备有
限公司
客户 16,988,506.50 1 年以
内
按合同分
期收款5% 按企业会计
制度规定
浙江康鑫化纤设备有限
公司
客户 15,160,000.00 1 年以
内
按合同分
期收款5% 按企业会计
制度规定
魏桥纺织股份有限公司客户 12,960,000.00 1 年以
内
按合同分
期收款5% 按企业会计
制度规定
山东济南正昊化纤设备
有限公司
客户 11,025,989.82 2 年以
内
按合同分
期收款5% 按企业会计
制度规定
合计/ 80,404,542.56 / / / /
(5) 本报告期应收帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款
4、其他应收款
(1)
其他应收款帐龄
单位:元币种:人民币
账龄
期末数期初数
账面余额
坏账准备
账面余额
坏账准备
金额比例% 金额比例%
一年以内12,772,139.00 71.38 172,352.12 3,447,042.43 34.17 172,352.12
一至二年3,987,652.18 22.29 547,619.40 5,476,194.03 54.29 547,619.40
二至三年43,258.19 0.24 12,050.19 60,250.96 0.60 12,050.19
三年以上1,089,800.00 6.09 1,001,625.54 1,103,251.08 10.94 1,001,625.54
合计17,892,849.37 100.00 1,733,647.25 10,086,738.50 100.00 1,733,647.25
(2) 其他应收款坏帐准备变动情况
单位:元币种:人民币
项目期初余额期末余额
其他应收款坏帐准备1,733,647.25 1,733,647.25
(3) 其他应收款前五名欠款情况
单位:元币种:人民币
期末数期初数
金额比例% 金额比例%
前五名欠款单位
合计及比例11,847,112.86 66.21 7,418,299.97 73.55
34
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(4) 其他应收款主要单位
单位:元币种:人民币
单位名称
与本公司
关系
欠款金额
欠款
时间
欠款
原因
计提坏帐金
额
计提坏
帐比例
计提坏帐
原因
上海太平洋纺织机
械成套设备有限公
司
控股公司
的子公司7,000,000.00 1 年
之内
往来
款 5 按照企业
会计制度
上海良基金属制品
有限公司
供应商 2,341,964.58 1 年
之内
未到
付款
期
117,098.23 5 按照企业
会计制度
太平洋机电（集团）
有限公司
控股公司 1,212,556.10 1 年
之内
往来
款55,253.89 5 按照企业
会计制度
良基海南投资咨询
有限公司
非合并范
围的子公
司
695,623.18 1 年
之内
往来
款
按照企业
会计制度
上海二纺机中等职
业技术学校
公司办校 596,969.00 1 年
之内
往来
款 5 按照企业
会计制度
合计/ 11,847,112.86 / / 172,352.12 / /
报告期末其他应收款中含持本公司5%以上(含5%)表决权股份的股东单位欠款。
本报告期末其他应收款比期初增加77.39% 的主要原因是:上海良基金属制品有限公司等单位
按正常的协议进行收款而引起的。
5、预付帐款
(1)
预付帐款帐龄
单位:元币种:人民币
账龄
期末数期初数
金额比例金额比例
一年以内29,681,151.44 100.00 10,879,256.22 100.00
合计29,681,151.44 100.00 10,879,256.22 100.00
(2) 预付帐款前五名欠款情况
单位:元币种:人民币
期末数期初数
金额比例% 金额比例%
前五名欠款单位
合计及比例12,393,970.77 41.76 6,132,895.27 56.37
(3) 预付帐款主要单位
单位:元币种:人民币
单位名称与本公司关系欠款金额欠款时间欠款原因
上海太平洋纺织机械成套设备有限
公司
控股公司的子公
司6,200,000.00 1 年以内按协议付款
上海骞纪机械有限公司供应商3,572,689.82 1 年以内按协议付款
常州同和纺机厂供应商1,205,312.25 1 年以内按协议付款
合计/ 10,978,002.07 / /
35
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(4) 本报告期预付帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款
6、存货
(1)
存货分类
单位:元币种:人民币
项目
期末数期初数
账面余额跌价准备账面价值账面余额跌价准备账面价值
原材料45356882.91 29126997.21 16229885.70 67,954,250.47 29,126,997.21 38,827,253.26
库存商品215010110.60 17596942.86 197413167.74 259,310,696.66 17,596,942.86 241,713,753.80
在产品112099329.33 2100992.03 109998337.30 100,363,325.58 2,100,992.03 98,262,333.55
包装物57482.93 57482.93 19,262.56 19,262.56
低值易耗品2477838.13 2477838.13 2,556,078.49 2,556,078.49
在途材料14521319.74 14521319.74 6,875,995.68 6,875,995.68
委托加工物资680286.44 680286.44 287,294.07 287,294.07
材料成本差异-7372678.21 -7372678.21 -7,064,974.19 -7,064,974.19
合计382830571.87 48824932.10 334,005,639.77 430,301,929.32 48,824,932.10 381,476,997.22
7、待摊费用
单位:元币种:人民币
类别期初数本期增加数本期摊销数期末数期末结存原因
租赁 501,208.75 90,483.48 410,725.27 尚在摊销期内
合计 501,208.75 90,483.48 410,725.27 /
8、长期投资
(1)
长期股权投资分类
单位:元币种:人民币
项目期初数本期增加本期减少期末数
股票投资27,456,567.12 27,456,567.12
对子公司投资8,265,428.19 42,288.06 8,223,140.13
对合营公司投资0.00 0.00
对联营公司投资2,687,343.93 103,887.75 2,791,231.68
其他股权投资437,122.29 437,122.29
合并价差-385,342.16 -385,342.16
合计38,461,119.37 103,887.75 42,288.06 38,522,719.06
减：长期股权投资减值准备2,195,138.72 2,195,138.72
长期股权投资净值合计36,265,980.65 / / 36,327,580.34
(2) 长期股票投资
单位:元币种:人民币
被投资公司名称股份类别股票数量初始投资成本帐面余额减值准备帐面净额
st 丰华法人股388,800.00 1,266,000.00 1,266,000.00 1,266,000.00
中国联通法人股525,096.00 1,107,360.00 1,107,360.00 1,107,360.00
g 嘉宝法人股836,784.00 2,390,168.32 2,390,168.32 2,390,168.32
爱建股份法人股2,083,388.00 7,584,000.00 7,584,000.00 167,138.72 7,416,861.28
g 宏盛法人股184,800.00 306,000.00 306,000.00 306,000.00
g 南洋法人股74,052.00 170,400.00 170,400.00 170,400.00
g 申达法人股325,248.00 495,440.00 495,440.00 495,440.00
g 申能法人股450,000.00 840,000.00 840,000.00 840,000.00
36
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
水仙a 法人股880,000.00 3,040,000.00 3,040,000.00 2,028,000.00 1,012,000.00
新世界法人股471,830.00 440,988.80 440,988.80 440,988.80
豫园商城法人股594,594.00 1,911,210.00 1,911,210.00 1,911,210.00
同达创业法人股535,500.00 1,605,000.00 1,605,000.00 1,605,000.00
海通证券法人股7,943,760.00 6,120,000.00 6,120,000.00 6,120,000.00
海南兴安法人法人股337,500.00 30,000.00 30,000.00 30,000.00
北京鹫峰法人股500,000.00 150,000.00 150,000.00 150,000.00
合计/ 16,131,352.00 27,456,567.12 27,456,567.12 2,195,138.72 25,261,428.40
(3) 其他股权投资
单位:元币种:人民币
1)对子公司、合营企业和联营企业投资的情况
被投资单位名
称
与母
公司
关系
占被投资公
司注册资本
比例(%)
投资期限期初余额
本期增减
额
分得的现
金红利
期末余额
核
算
方
法
上海逸杰信息
科技有限公司
对子
公司
投资
83.75 2001-04
～
2021-3
1,807,946.60 24,908.15 67,196.21 1,765,658.54
权
益
法
临海良纺纺织
机械专件有限
公司（注2）
对子
公司
投资
83
～
6,457,481.59 6,457,481.59
权
益
法
二纺机化纤成
套设备有限公
司
对联
营企
业投
资
20 2002-05
～
2017-5
98,600.82 -98,600.82 0
权
益
法
太平洋纺机成
套设备有限公
司
对联
营企
业投
资
20 2002-07
～
2022-7
1,988,301.67 203,050.70 2,191,352.37
权
益
法
对联权
山东良基纺织
机械有限公司
营企
业投
25 无限
～
600,441.44 -562.13 599,879.31 益
资法
2)其他股权投资
被投资单位名称期初余额期末余额核算方法
上海良宙物资贸易有限公司366,122.29 366,122.29 成本法
上海银行71,000.00 71,000.00 成本法
(4) 股权投资差额
单位:元币种:人民币
被投资单位名称期初金额初始余额期末余额形成原因摊销年限
上海良纺纺织机械专件有限公司-690,712.16 -1,381,424.36 -690,712.16 投资时产生十年
上海普恩伊进出口有限公司305,370.00 610,740.00 305,370.00 股权转让产生十年
合计-385,342.16 -770,684.36 -385,342.16 / /
37
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(5) 合并价差
单位:元币种:人民币
被投资单位名称初始余额期初金额期末余额形成原因摊销年限
上海良纺纺织机械专件有限公司-1,381,424.36 -690,712.16 -690,712.16 投资时产生十年
上海普恩伊进出口有限公司610,740.00 305,370.00 305,370.00 股权转让产生十年
合计-770,684.36 -385,342.16 -385,342.16 / /
9、固定资产
单位:元币种:人民币
项目期初数本期增加数本期减少数期末数
一、原价合计：1,039,027,090.45 5,452,558.76 8,499,569.34 1,035,980,079.87
其中：房屋及建筑物467,594,483.43 343,748.07 831,595.14 467,106,636.36
机器设备571,432,607.02 5,108,810.69 7,667,974.20 568,873,443.51
二、累计折旧合计：475,332,210.79 18,834,881.73 5,213,218.97 488,953,873.55
其中：房屋及建筑物117,489,510.96 5,065,436.63 777,837.80 121,777,109.79
机器设备357,842,699.83 13,769,445.10 4,435,381.17 367,176,763.76
三、固定资产净值合
计563,694,879.66 -13,382,322.97 3,286,350.37 547,026,206.32
其中：房屋及建筑物350,104,972.47 -4,721,688.56 53,757.34 345,329,526.57
机器设备213,589,907.19 -8,660,634.41 3,232,593.03 201,696,679.75
四、减值准备合计93,982,763.37 93,982,763.37
其中：房屋及建筑物21,519,736.04 21,519,736.04
机器设备72,463,027.33 72,463,027.33
五、固定资产净额合
计469,712,116.29 -13,382,322.97 3,286,350.37 453,043,442.95
其中：房屋及建筑物328,585,236.43 -4,721,688.56 53,757.34 323,809,790.53
机器设备141,126,879.86 -8,660,634.41 3,232,593.03 129,233,652.42
10、在建工程
单位:元币种:人民币
项目
期末数期初数
帐面余额减值准备帐面净额帐面余额减值准备帐面净额
在建工程6,988,048.70 6,988,048.70 5,917,191.66 5,917,191.66
(1) 在建工程项目变动情况
单位: 币种:
项目名称期初数本期增加转入固定资产工程进度资金来源期末数
设备维护工程等5,917,191.66 7,588,715.13 6,517,858.09 进行中自有资金6,988,048.70
合计5,917,191.66 7,588,715.13 6,517,858.09 / / 6,988,048.70
38
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
11、短期借款
(1) 短期借款分类：
单位:元币种:人民币
项目期末数期初数
担保借款177,228,124.98 186,946,000.00
信用借款 88,735,385.47
合计177,228,124.98 275,681,385.47
12、应付帐款：
(1)
应付帐款帐龄
单位:元币种:人民币
账龄
期末数期初数
金额比例% 金额比例%
一年以内172,260,343.39 78.59 216,700,587.13 77.49
一至二年18,720,900.78 8.54 25,139,874.65 8.99
二至三年17,158,192.86 7.83 23,485,126.49 8.40
三年以上11,049,191.80 5.04 14,328,647.26 5.12
合计219,188,628.83 100.00 279,654,235.53 100.00
报告期末无帐龄超过三年的大额应付帐款
。
应付帐款期末比期初下降6046.56 万的主要原因是公司加快了对客户的清偿力度
.
(2) 应付帐款主要单位
单位:元币种:人民币
单位名称与本公司关系欠款金额欠款时间欠款原因
吴江良基机械制造有限公司供应商15,480,582.37 1 年以内货物尚未验收
风弛纺织工贸有限公司供应商2,994,233.79 1 年以内货物尚未验收
上海跃越金属制品有限公司供应商3,021,529.62 1 年以内货物尚未验收
合计/ 21,496,345.78 / /
报告期末应付帐款无欠本公司5%以上（含5%）表决权股份的股东款项。
13、预收帐款：
(1)
预收帐款帐龄
单位:元币种:人民币
账龄
期末数期初数
金额比例% 金额比例%
一年以内63,344,420.80 100.00 79,601,446.80 99.58
一至二年332,076.94 0.42
合计63,344,420.80 100.00 79,933,523.74 100.00
39
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(2) 预收帐款主要单位
单位:元币种:人民币
单位名称与本公司关系欠款金额欠款时间欠款原因
北京北毛纺织集团公司客户3,500,000.00 1 年以内款已收，未发货
滨州泰丰棉纺织有限公司客户1,450,000.00 1 年以内款已收，未发货
新乡市金星纺织有限公司客户1,015,000.00 1 年以内款已收，未发货
安徽纺织机械器材公司客户880,000.00 1 年以内款已收，未发货
安庆宿松互益精纺有限公司客户800,000.00 1 年以内款已收，未发货
合计/ 7,645,000.00 / /
14、应付福利费：
单位:元币种:人民币
项目期末数期初数未支付原因
提取数1,684,308.38 1,268,447.25 未使用完毕
合计1,684,308.38 1,268,447.25 /
15、应付股利：
单位:元币种:人民币
项目期末数期初数
股利分配48,982.25 28.84
合计48,982.25 28.84
应付股利系上海良基实业有限公司2005 度股利分配未支付部分。
16、应交税金：
单位:元币种:人民币
项目期末数期初数计缴标准
增值税 5,098,214.06 -1,187,774.72 17%
营业税 851,643.79 45,966.92 5%
所得税 874,051.50 2,073,600.63 15%~33%
个人所得税 9,126.57 200,853.81
城建税598,172.06 1%-7%
其他 8,089.83
合计6,833,035.92 1,738,908.53 /
应交税金报告期末比期初增加的主要原因是：母公司的应交增值税交期初上升所致。报告
期内无超过法定纳税期限的应交税金。
40
上海二纺机股份有限公司
shanghai erfangji co 。，ltd17、其他应交款：
2006 年度半年报
单位:元币种:人民币
项目期末数期初数费率说明
教育费附加808,452.64 881,095.50 3%
河道管理费59,408.73 85,571.03 1%
合计867,861.37 966,666.53 /
18、其他应付款：
(1)
其他应付款帐龄
单位:元币种:人民币
账龄
期末数期初数
金额比例% 金额比例%
一年以内34,592,285.02 92.80 38,992,847.22 90.81
一至二年782,874.16 2.10 1,335,693.20 3.11
二至三年29,384.15 0.08 48,124.39 0.11
三年以上1,872,671.81 5.02 2,562,148.63 5.97
合计37,277,215.14 100.00 42,938,813.44 100.00
本报告期末其他应付款较期初减少5,661,598.30 元，主要是在报告期内进行了清偿。
19、预提费用：
单位:元币种:人民币
项目期末数期初数结存原因
利息支出1,476,457.84 1,285,249.52 尚未支付
律师费 385,909.64
其他 791,898.22
合计1,476,457.84 2,463,057.38 /
20、长期借款
(1) 长期借款分类：
单位:元币种:人民币
项目期末数期初数
信用借款4,082,730.79 4,082,730.79
合计4,082,730.79 4,082,730.79
子公司良基机械财务状况困难，逾期未还。
22
、少数股东权益：
本报告期内的少数股东权益为8,471,209.62 元。
41
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd23、股本
股份变动情况表
单位:股
本次变动前本次变动增减（＋，－）本次变动后
数量比例
发
行
新
股
送股
公积
金转
股
其
他
小计数量比例
一、有限售条件股份
1、国家持股262,342,310 46.31% -24,913,658 -24,913,658 237,428,652 41.92%
2、国有法人持股262,342,310 46.31% -24,913,658 -24,913,658 237,428,652 41.92%
3、其他内资持股
其中：境内法人持
股
境内自然人持
股
4、外资持股232,925,000 41.12% 232,925,000 41.12%
其中：境外法人持
股
境外自然人持
股
232,925,000 41.12% 232,925,000 41.12%
有限售条件股份
合计
二、无限售条件流通股份
1、人民币普通股71,181,880 12.57% 24,913,658 96,095,538 16.96%
2、境内上市的外
资股
3、境外上市的外
资股
4、其他
无限售条件流通
股份合计
三、股份总数566,449,190 100.00% 0 566,449,190 100%
根据商资批[2006]560 号<<商务部关于同意上海二纺机股份有限公司股权转让的批复>>,
同意公司根据2006 年1 月23 日公司股东大会通过的股权分置改革方案由非流通股股东太平
洋机电(集团)有限公司将共计24,913,658 股股票转让给a 股流通股,a 股流通股股东每持有
10 股流通股可获得3.5 股a 股股票。由此,公司股本结构发生了上述变化。
24、资本公积：
单位:元币种:人民币
项目期初数本期增加本期减少期末数
股本溢价29,411,508.88 29,411,508.88
接受捐赠非现金资
产准备218,201.00 218,201.00
股权投资准备3,942,635.13 3,942,635.13
其他资本公积35,810,083.37 125,169.71 35,810,083.37
合计69,412,428.38 125,169.71 69,537,598.09
42
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd25、未分配利润：
单位:元币种:人民币
项目期末数
净利润2,263,356.88
加：年初未分配利润17,135,792.19
其他转入
减：提取法定盈余公积
提取法定公益金
未分配利润19,399,149.07
26、未确认的投资损失：
单位:元币种:人民币
项目期末数期初数
未确认的投资损失709,508.87 863,265.45
27、主营业务收入及主营业务成本
(1) 分行业主营业务
单位:元币种:人民币
行业名称
本期数上年同期数
营业收入营业成本营业收入营业成本
纺机类行业523,588,768.28 485,629,819.50 452,612,955.10 398,057,155.12
其他1,362,176.17 358,394.16 1,121,753.06 150,546.54
其中:关联交易25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
合计524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
内部抵消128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
合计396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
(2) 分产品主营业务
单位:元币种:人民币
产品名称
本期数上年同期数
营业收入营业成本营业收入营业成本
纺机类产品523,588,768.28 485,629,819.50 452,612,955.10 398,057,155.12
其他1,362,176.17 358,394.16 1,121,753.06 150,546.54
其中:关联交易25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
合计524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
内部抵消128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
合计396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
(3) 分地区主营业务
单位:元币种:人民币
地区名称
本期数上年同期数
营业收入营业成本营业收入营业成本
中国境内427,942,453.44 393,525,135.11 351,433,106.07 301,606,529.98
中国境外97,008,491.01 92,463,078.55 102,301,602.09 96,601,171.68
43
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
其中:关联交易25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
合计524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
内部抵消128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
合计396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
28、主营业务税金及附加：
单位:元币种:人民币
项目本期数上年同期数计缴标准
营业税57,362.04 56,087.68 5%
城建税1,220,388.58 1,081,848.24 1%-7%
教育费附加524,498.71 465,091.52 3%
合计1,802,249.33 1,603,027.44 /
29、其他业务利润：
单位:元币种:人民币
项目
本期数上年同期数
收入成本利润收入成本利润
材料销售6,097,571.14 5,312,044.58 785,526.56 22,409,591.17 24,386,386.81 -1,976,795.64
租赁收入7,564,803.19 3,735,040.19 3,829,763.00 6,642,179.70 3,243,538.71 3,398,640.99
其他8,783,090.38 8,884,377.19 -101,286.81 2,287,427.57 2,440,191.60 -152,764.03
合计22,445,464.71 17,931,461.96 4,514,002.75 31,339,198.44 30,070,117.12 1,269,081.32
30、财务费用
单位:元币种:人民币
项目本期数上年同期数
利息支出4,554,825.58 5,043,785.50
减：利息收入471,747.02 449,534.60
汇兑损失353,436.74 485,975.95
减：汇兑收益310,048.05 558,899.98
其他125,472.14 41,208.69
合计4,251,939.39 4,562,535.56
31、投资收益
单位:元币种:人民币
项目本期数上年同期数
长期投资收益220,949.01 1,428,323.42
其中：按权益法确认收益149,597.73 1,153,740.14
按成本法核算的被投资单位分派利润71,351.28 274,583.28
合计220,949.01 1,428,323.42
44
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd32、营业外收入：
单位:元币种:人民币
项目本期数上年同期数
固定资产清理收入 1,673,406.44
武夷路地块出售收入14,805,462.40
退税款 452,900.00
其他1,951,893.65 85,788.60
合计16,757,356.05 2,212,095.04
33、营业外支出：
单位:元币种:人民币
项目本期数上年同期数
固定资产清理损失343,359.28 697,238.97
武夷路地块出售计提税金814,300.43
其他162,330.28 87,504.61
合计1,319,989.99 784,743.58
34、所得税：
单位:元币种:人民币
项目本期数上年同期数
预交所得税425,929.54 620,122.57
合计425,929.54 620,122.57
35、收到的其他与经营活动有关的现金
单位:元币种:人民币
项目金额
租赁收入及管理费7,480,793.90
收回往来款及其他28,023,489.87
合计35,504,283.77
36、支付的其他与经营活动有关的现金
单位:元币种:人民币
项目金额
通讯费、水电费6,386,853.21
差旅费1,045,670.36
业务招待费894,785.58
支付职工安置补偿费2,090,230.00
往来款项及其他54,221,153.46
合计64,638,692.61
45
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(五)母公司会计报表附注
1、应收账款
(1) 应收账款帐龄
单位:元币种:人民币
账龄
期末数期初数
账面余额
坏账准备
账面余额
坏账准备
金额比例金额比例
一年以内122,411,627.41 78.66 5,664,783.59 113,227,317.75 77.32 5,661,365.89
一至二年11,198,372.01 7.20 1,119,837.20 11,198,372.01 7.65 1,119,837.20
二至三年132,768.00 0.09 26,553.60 132,768.00 0.09 26,553.60
三年以上21,886,716.69 14.05 16,048,085.11 21,886,716.69 14.94 16,048,085.11
合计155,629,484.11 100.00 22,859,259.50 146,445,174.45 100.00 22,855,841.80
(2) 应收帐款坏帐准备变动情况
单位:元币种:人民币
项目期初余额本期增加数期末余额
应收帐款坏帐准备22,855,841.80 3,417.70 22,859,259.50
(3) 应收账款前五名欠款情况
单位:元币种:人民币
期末数期初数
金额比例金额比例
前五名欠款单位
合计及比例79,201,466.56 50.89 112,360,567.00 76.73
(4) 应收帐款主要单位
单位:元币种:人民币
单位名称
与本公司
关系
欠款金额
欠款
时间
欠款原因
计提坏帐
比例
计提坏帐原
因
上海太平洋纺织机械成
套设备有限公司
客户 23,066,970.24 1 年以
内
按合同分
期收款5 按企业会计
制度规定
滨州太平洋机械设备有
限公司
客户 16,988,506.50 1 年以
内
按合同分
期收款5 按企业会计
制度规定
浙江康鑫化纤设备有限
公司
客户 15,160,000.00 1 年以
内
按合同分
期收款5 按企业会计
制度规定
魏桥纺织股份有限公司客户 12,960,000.00 1 年以
内
按合同分
期收款5 按企业会计
制度规定
山东济南正昊化纤设备
有限公司
客户 11,025,989.82 2 年以
内
按合同分
期收款10 按企业会计
制度规定
合计/ 79,201,466.56 / / / /
(5) 本报告期应收帐款中无持有公司5%(含5%)以上表决权股份的股东单位的欠款
46
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2、其他应收款
2006 年度半年报
(1) 其他应收款帐龄
单位:元币种:人民币
账龄
期末数期初数
账面余额
坏账准备
账面余额
坏账准备
金额比例% 金额比例%
一年以内11,013,157.33 53.81 152,143.39 3,042,867.80 26.69 152,143.39
一至二年8,354,678.05 40.82 725,611.76 7,256,117.63 63.66 725,611.76
三年以上1,099,800.00 5.37 999,900.00 1,099,800.00 9.65 999,900.00
合计20,467,635.38 100.00 1,877,655.15 11,398,785.43 100.00 1,877,655.15
(2) 其他应收款坏帐准备变动情况
单位:元币种:人民币
项目期初余额期末余额
其他应收款坏帐准备1,877,655.15 1,877,655.15
(3) 其他应收款前五名欠款情况
单位:元币种:人民币
期末数期初数
金额比例% 金额比例%
前五名欠款单位
合计及比例11,847,112.86 57.88 8,811,719.46 77.30
(4) 其他应收款主要单位
单位:元币种:人民币
单位名称
与本公司
关系
欠款金额
欠款
时间
欠款
原因
计提坏帐金
额
计提坏
帐比例
计提坏帐
原因
上海太平洋纺织机
械成套设备有限公
司
控股公司
的子公司7,000,000.00 1 年
之内
往来
款350,000 5 按照企业
会计制度
上海良基金属制品
有限公司
供应商 2,341,964.58 1 年
之内
未到
付款
期
117,098.23 5 按照企业
会计制度
太平洋机电（集团）
有限公司
控股公司 1,212,556.10 1 年
之内
往来
款60,627.81 5 按照企业
会计制度
良基海南投资咨询
有限公司
非合并范
围的子公
司
695,623.18 1 年
之内
往来
款34,781.16 5 按照企业
会计制度
上海二纺机中等职
业技术学校
公司办校 596,969.00 1 年
之内
往来
款29,848.45 5 按照企业
会计制度
合计/ 11,847,112.86 / / 592,355.65 / /
47
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(5) 本报告期其他应收帐款中持有公司5%(含5%)以上表决权股份的股东单位的欠款情况
单位:元币种:人民币
单位名称
期末数期初数
欠款金额计提坏帐金额欠款金额计提坏帐金额
太平洋机电（集团）有
限公司1,212,556.10 60,627.81 685,026.90 34,251.35
合计1,212,556.10 60,627.81 685,026.90 34,251.35
控股公司-太平洋机电（集团）有限公司其承担的二纺机协商解除劳动合同补偿款按正
常进度付款的余额为1,212,556.10 元。
3、长期投资
(1)
长期股权投资分类
单位:元币种:人民币
项目期初数本期增加本期减少期末数
股票投资27,456,567.12 27,456,567.12
对子公司投资74,519,683.71 718,618.40 9,869,956.59 65,368,345.52
对联营公司投资2,687,343.93 162,002.90 99,162.95 2,750,183.88
其他股权投资366,122.29 366,122.29
股权投资差额-385,342.16 -385,342.16
合计104,644,374.89 880,621.30 9,969,119.54 95,555,876.65
减：长期股权投资减值准备2,195,138.72 2,195,138.72
长期股权投资净值合计102,449,236.17 / / 93,360,737.93
(2) 长期股票投资
单位:元币种:人民币
被投资公司名称
股份类
别
股票数量初始投资成本帐面余额减值准备帐面净额
st 丰华法人股388,800.00 1,266,000.00 1,266,000.00 1,266,000.00
中国联通法人股525,096.00 1,107,360.00 1,107,360.00 1,107,360.00
g 嘉宝法人股836,784.00 2,390,168.32 2,390,168.32 2,390,168.32
爱建股份法人股2,083,388.00 7,584,000.00 7,584,000.00 167,138.72 7,416,861.28
g 宏盛法人股184,800.00 306,000.00 306,000.00 306,000.00
g 南洋法人股74,052.00 170,400.00 170,400.00 170,400.00
g 申达法人股325,248.00 495,440.00 495,440.00 495,440.00
g 申能法人股450,000.00 840,000.00 840,000.00 840,000.00
水仙a 法人股880,000.00 3,040,000.00 3,040,000.00 2,028,000.00 1,012,000.00
新世界法人股471,830.00 440,988.80 440,988.80 440,988.80
豫园商城法人股594,594.00 1,911,210.00 1,911,210.00 1,911,210.00
同达创业法人股535,500.00 1,605,000.00 1,605,000.00 1,605,000.00
海通证券法人股7,943,760.00 6,120,000.00 6,120,000.00 6,120,000.00
海南兴安法人法人股337,500.00 30,000.00 30,000.00 30,000.00
北京鹫峰法人股500,000.00 150,000.00 150,000.00 150,000.00
合计/ 16,131,352.00 27,456,567.12 27,456,567.12 2,195,138.72 25,261,428.40
48
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(3) 其他股权投资
单位:元币种:人民币
1)对子公司、合营企业和联营企业投资的情况
被投资单位名
称
与母公
司关系
占被
投资
公司
注册
资本
比例
(%)
投资期限投资成本期初余额本期增减额
分得的现金
红利
期末余额
核
算
方
法
上海良基实业
有限公司
对子公
司投资
90 1999-01
～
2018-12
11,176,200.00 13,040,677.60 507,171.09 881,161.13 12,666,687.56
权
益
法
上海良纺纺织
机械专件有限
公司
对子公
司投资
85 2001-05
～
2021-5
18,919,458.40 29,780,988.18 -8,916,979.70 20,864,008.48
权
益
法
上海普恩伊进
出口有限公司
对子公
司投资
90 1998-11
～
2013-11
27,000,000.00 28,495,536.08 186,539.16 28,682,075.24
权
益
法
上海良基机械
有限公司
对子公
司投资
90 1998-12
～
2014-12
1,350,000.00 1,009,193.09 -4,619.55 1,004,573.54
权
益
法
上海逸杰信息
科技有限公司
对子公
司投资
83.7
5
2001-04
～
2021-4
1,675,000.00 1,807,946.60 24,908.15 67,196.21 1,765,658.54
权
益
法
二纺机化纤成
套设备有限公
司
对合营
企业投
资
20 2003-05
～
2023-5
100,000.00 98,600.82 -98,600.82
权
益
法
太平洋纺机成
套设备有限公
司
对合营
企业投
资
20 2002-07
～
2022-7
1,000,000.00 1,988,301.67 162,002.90 2,150,304.57
权
益
法
山东良基纺织
机械有限公司
对合营
企业投
资
25 无限
～
500,000.00 600,441.44 -562.13 599,879.31
权
益
法
2)其他股权投资
被投资单位名称
占被投资公司注册资本
比例(%) 投资期限投资成本期初余额期末余额
核算方
法
上海良宙物资贸易有
限公司
10 2002-09
～
2021-8
366,122.29 366,122.29 366,122.29 成本法
(4) 股权投资差额
单位:元币种:人民币
被投资单位名称期初金额初始余额期末余额形成原因摊销年限
上海良纺纺织机械专件有限公司-690,712.16 -1,381,424.36 -690,712.16 投资时产生十年
上海普恩伊进出口有限公司305,370.00 610,740.00 305,370.00 股权转让产生十年
合计-385,342.16 -770,684.36 -385,342.16 / /
4、预付帐款
本报告期预付帐款中无持有公司5%（含5%）以上表决权股份的股东单位的欠款。
49
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltd5、未分配利润：
单位: 币种:
项目期末数
净利润2,263,356.88
加：年初未分配利润20,292,725.74
其他转入
减：提取法定盈余公积
提取法定公益金
未分配利润22,556,082.62
6、主营业务收入及主营业务成本
(1) 分行业主营业务
单位: 币种:人民币
行业名称
本期数上年同期数
营业收入营业成本营业收入营业成本
工业制造类337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
合计337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
(2) 分产品主营业务
单位:元币种:人民币
产品名称
本期数上年同期数
营业收入营业成本营业收入营业成本
纺机类产品337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
合计337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
(3) 分地区主营业务
单位:元币种:人民币
地区名称
本期数上年同期数
营业收入营业成本营业收入营业成本
中国境内337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
合计337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
7、投资收益
单位:元币种:人民币
项目本期数上年同期数
长期投资收益1,894,657.47 2,150,675.12
其中：按权益法确认收益1,894,657.47 1,876,091.84
按成本法核算的被投资单位分派利润274,583.28
合计1,894,657.47 2,150,675.12
50
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(六)关联方及关联交易
1、存在控制关系关联方的基本情况
关联方名称注册地址主营业务
与本公司
关系
经济性质
法人
代表
太平洋机电（集
团）有限公司
凯旋路554 号纺织机械、机电产品等控股股东
国有企业（全
民所有制企
业）
郑元
湖
上海良基实业
有限公司
外高桥保税区美盛路
179 号
国际国内贸易
控股子公
司
国有控股
上海良基塑料
制品有限公司
澳门路715 号生产销售纺织塑料件
全资子公
司
国有控股
上海良基机械
有限公司
西藏南路1671 号102
室
生产销售纺纱机械
控股子公
司
国有控股
海南良基投资
发展有限公司
海口市经贸市国贸北
路德派斯大厦d 座
1202 室
工业投资物业管理
控股子公
司
国有控股
临海良纺纺织
机械专件有限
公司
临海市大田镇方家弄
生产、销售纺机的锭子罗
拉、钢领及其他纺机配件
控股子公
司
国有控股
上海普恩伊进
出口有限公司
淮海中路1 号柳林大
厦2506 室
经营自产产品和与之配套
的商品及相关技术出口和
进口业务
控股子公
司
国有控股
上海良纺纺织
机械专件有限
公司
上海红柳路153 号
生产、销售纺机的锭子罗
拉、钢领及其他纺机配件
控股子公
司
国有控股
上海逸杰信息
科技有限公司
场中路687 号
计算机软硬件，系统集成
专业领域四技服务
控股子公
司
国有控股
上海良宙物资
贸易有限公司
场中路687 号纺织机械配件销售其他有限责任公司
2、存在控制关系关联方的注册资本及其变化情况
单位:万元币种:人民币
关联方名称注册资本期初数注册资本增减注册资本期末数
太平洋机电（集团）有限公司100,000.00 100,000.00
上海良基实业有限公司1,241.80 1,241.80
上海良基塑料制品有限公司318.00 318.00
上海良基机械有限公司150.00 150.00
海南良基投资发展有限公司300.00 300.00
临海良纺纺织机械专件有限公司590.51 590.51
上海普恩伊进出口有限公司3,000.00 3,000.00
上海良纺纺织机械专件有限公司2,200.00 2,200.00
上海逸杰信息科技有限公司200.00 200.00
上海良宙物资贸易有限公司218.00 218.00
51
上海二纺机股份有限公司
shanghai erfangji co 。，ltd3、存在控制关系的关联方所持股份及其变化情况
2006 年度半年报
单位:万元币种:人民币
关联方名
称
关联方所持
股份期初数
关联方所持
股份比例期
初数（％）
关联方所
持股份增
减
关联方所持
股份增减比
例（％）
关联方所持
股份期末数
关联方所持
股份比例期
末数（％）
太平洋机
电（集团）
有限公司
26,234.23 46.31 -2491.36 -9.50 23,742.86 41.92
上海良基
实业有限
公司
1,117.62 90.00 1,117.62 90.00
上海良基
塑料制品
有限公司
286.20 90.00 286.20 90.00
上海良基
机械有限
公司
135.00 90.00 135.00 90.00
海南良基
投资发展
有限公司
210.00 70.00 210.00 70.00
临海良纺
纺织机械
专件有限
公司
490.51 83.00 490.51 83.00
上海普恩
伊进出口
有限公司
2,700.00 90.00 2,700.00 90.00
上海良纺
纺织机械
专件有限
公司
1,870.00 85.00 1,870.00 85.00
上海逸杰
信息科技
有限公司
167.50 83.75 167.50 83.75
上海良宙
物资贸易
有限公司
21.80 10.00 21.80 10.00
4、不存在控制关系关联方的基本情况
关联方名称关联方与本公司关系
太平洋纺机成套设备有限公司合营公司
山东良基纺织机械有限公司合营公司
上海新四机机电有限责任公司母公司的控股子公司
52
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
5、关联交易情况
(1) 购买商品、接受劳务的关联交易
单位:元币种:人民币
关联方
关联交
易内容
关联交易
定价原则
本期数上年同期数
金额
占同类交易金
额的比例(%) 金额
占同类交易
金额的比例
(%)
临海良纺纺织专
件有限公司
购买市场价5,660,498.70 16.48 0 0
上海太平洋纺织
机械成套设备有
限公司
购买市场价2,820,512.82 8.21 0 0
(2) 销售商品、提供劳务的关联交易
单位:元币种:人民币
关联方
关联
交易
内容
关联交
易定价
原则
本期数上年同期数
金额
占同类交易
金额的比例
(%)
金额
占同类交易
金额的比例
(%)
太平洋机电（集
团）有限公司
销售市场价6,526,923.07 19.01
山东良基纺织机
械有限公司
销售市场价6,235,111.11 18.16 10,488,410.26 18.29
上海太平洋纺织
机械成套设备有
限公司
销售市场价13,095,511.83 38.14 46,843,931.39 81.71
6、关联方应收应付款项
单位:元币种:人民币
应收应付款项名称关联方期初金额期末金额
应收帐款太平洋机电（集团）有限公司7,052,000.00 1,582,000.00
应收帐款上海太平洋纺织机械成套设备有限公司26,485,912.40 24,270,046.24
应收帐款上海新四机机电有限责任公司 6,752,635.26 6,752,635.26
其他应收款太平洋机电（集团）有限公司0 1,212,556.10
其他应收款上海逸杰信息科技有限公司0 42,740.43
其他应收款海南良基投资发展有限公司682,316.58 695,623.18
其他应收款上海太平洋纺织机械成套设备有限公司 7,000,000.00
应付帐款上海新四机机电有限责任公司1,242,000.00 1,142,000.00
预收帐款太平洋机电（集团）有限公司7,832,991.00 4,402,391.00
预收帐款上海新四机机电有限责任公司0 189,826.05
预收帐款山东良基纺织机械有限公司5,504,178.62 1,482,920.00
其他应付款太平洋机电（集团）有限公司685,026.90 772,840.73
其他应付款上海二纺机化纤成套设备有限公司388,828.00
预付帐款上海太平洋纺织机械成套设备有限公司6,200,000.00
53
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
(七)或有事项
：
无
(八)承诺事项
：
无
(九)资产负债表日后事项
：
无
(十)其他重要事项
：
无
(十一)、财务报表的批准报出：本财务报表经公司董事会批准于2006 年8 月17
日报出。
八、备查文件目录
1、载有法定代表人、财务总监、财务负责人签名并盖章的公司2006年半年度会
计报表；
2、报告期内，公司在《上海证券报》、香港《大公报》上公开披露所有文件的正
本及公告的原稿；
3、在公司注册地备有公司上述文件原件，供中国证券监督管理委员会、上海证
券交易所或股东依据法规或公司章程要求查阅；
4、公司章程文本；
5、其他有关资料。
董事长：郑元湖
上海二纺机股份有限公司
2006年8月17日
54
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
董事、高级管理人员关于2006年半年度报告的声明
作为上海二纺机股份有限公司的董事、高级管理人员，我们认为本公司2006
年半年度报告真实、准确地反映了公司的经营情况和财务状况，我们保证2006
年半年度报告所载资料不存在任何虚假记载、误导性陈述或重大遗漏，并对其内
容的真实性、准确性和完整性承担个别及连带责任。
声明人： 签名
：
郑元
湖
李培
忠
崔
翎
梅建
中
王承
宗
张敷
彪
倪
迪
高
勇
曹惠
民
韦保
荣
潘荣
高
龚建
平
李
勃
2006 年8 月17 日
55
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
shanghai erfangji co., ltd.
interim report 2006
aug. 17, 2006
56
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
important notice, explanation and contents
the board of directors of shanghai erfangji co., ltd (hereinafter referred to as the
company), the supervisory committee, and all the directors, supervisors and senior
executives hereby assure that there are no false records, misleading statements or
significant omissions in this report, and they would shoulder any individual as well as
joint responsibility concerning to the authenticity, accuracy and completeness of the
contents.
due to some important business, director mr. cui ling can not attend the meeting in
person, but he has entrusted director mr. mei jianzhong to vote on his behalf.
legal representative of the company mr. zheng yuanhu, cfo mr. mei jianzhong and
manager of the finance dept. mr. chen zhihu hereby confirm that the financial
report in the interim report is true and complete.
this report has been prepared in both chinese and english. should there be any
ambiguity in the meanings of the two versions, the chinese one shall prevail.
the interim report of the company has not been audited.
contents
section i. company profile--------------------------------------------------------------------
section ii. changes in share capital and shares held by major
shareholders-------------------------------------------------------------------------------
section iii. particulars about directors, supervisors, and senior
executives----------------------------------------------------------------------------------------------section
iv. discussion and analysis of the management
team---------------------------------------------------------------------------------------------------------
section v. significant events---------------------------------------------------------------
section vi. financial report------------------------------------------------------------------
section vii. documents available for reference-------------------------------
57
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
section i. company profile
1. legal name of the company in chinese:上海二纺机股份有限公司
legal name of the company in english: shanghai erfangji co., ltd.
2. stock exchange listed with: shanghai stock exchange
short form of the stock: g erfangji, erfangji b
stock code: 600604, 900902
3. registered address: no. 687, changzhong road, shanghai
office address: no. 687, changzhong road, shanghai
postal code: 200434
website: http://www.shefj.com
e-mail: shej@public7.sta.net.cn
4. legal representative: zheng yuanhu
5. secretary of the board: li bo
contact address: no. 687, changzhong road, shanghai
tel.: 021-51265073
fax: 021-65318494
e-mail: shej@public7.sta.net.cn
securities affairs representative: wu tao
contact address: no. 687, changzhong road, shanghai
tel.: 021-51265073
fax: 021-65318494
e-mail: wutao@shefj.com
6. newspaper for publishing the interim report of the company: shanghai securities
news and hong kong ta kung pao
website of shanghai stock exchange: http://www.sse.com.cn
the place where the interim report is prepared and placed: shanghai erfangji co.,
ltd., no. 687, changzhong road, shanghai
7. other relevant information:
initial registered capital: rmb 303,986,900
changes of registered capital:
rmb 425,581,700 on oct. 7, 1993 at shanghai administration of industry &
commerce;
rmb 461,839,800 on dec. 12, 1995 at shanghai administration of industry &
commerce;
rmb 514,953,800 on jul. 23, 1996 at shanghai administration of industry &
commerce;
rmb 566,449,200 on jun. 25, 1997 at shanghai administration of industry &
commerce;
registration code of enterprise legal person’s business license: qghz zi no.
019003（sj）
registration code of tax: gsh zi no. 310042607225505
name of certified public accountants engaged by the company:
shulun pan certified public accountants co., ltd
horwath international certified public accountants
office address:
no. 61, nanjing east road, shanghai
room 2001, central plaza, 18 harbour road, wan chai, hong kong
(viii) major financial data and indexes
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
1. major accounting data and financial indexes
unit: rmb
items at the end of the
report period
at the end of
last year
increase or decrease at the end of the
report period than at the at the end of
last year (%)
current assets 656,122,793.46 817,388,322.39 -19.73
current liabilities 507,949,035.51 684,645,066.71 -25.81
total assets 1,186,704,003.15 1,362,411,629.19 -12.90
shareholders’ equity (excluding
minority shareholders’ interest) 666,201,027.23 663,658,744.06 0.38
net assets per share (rmb) 1.176 1.172 0.34
net assts per share after adjustment
(rmb) 1.133 1.130 0.27
the report
period (january
– june)
the same
period of last
year
increase or decrease in the report
period than the same period of last
year (%)
net profit 2,263,356.88 3,033,158.61 -25.38
net profit after deducting
non-recurring gains and losses -13,088,630.59 391,586.45
earnings per share (rmb) 0.0040 0.0054 -25.93
earnings per share (rmb) (note 1)
return on equity (%) 0.34 0.46 down by 0.12 percentage point
net amount of cash flow arising from
operating activities -45,389,194.91 -27,522,704.05
2. non-recurring gains and losses and the relevant amount deducted
unit: rmb
items of non-recurring gains and losses amount
gains and losses arising from the disposal of long-term equity investment, fixed assets,
under-construction projects, intangible assets and other long-term assets 14,372,328.97
other non-operating income and expenses after deducting the regular assets depreciation
reserves withdrawn by the company according to the business accounting system 1,065,037.09
amounts influenced by income tax -85,378.59
total 15,351,987.47
3. return on equity and earnings per share calculated according to the requirements of
regulations on the information disclosure of companies publicly issuing shares no.
9 issued by csrc:
profit of the report period
return on equity (%) earnings per share
fully diluted weighted
average fully diluted weighted
average
profit from main operations 5.58 5.58 0.0656 0.0656
operating profit -1.89 -1.89 -0.0222 -0.0222
net profit 0.34 0.34 0.0040 0.0040
net profit after deducting non-recurring gains
and losses -1.96 -1.96 -0.0231 -0.0231
section ii. changes in share capital and shares held
by major shareholders
(i) statement on the change of shares
unit:
share
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
before the change
increase or decrease
during the change (+,
-)
after the change
amount proportion
bonus
shares
subtotal amount proportion
i. shares with restrictions on sales
1. shares held by the
state 237,428,652 41.91 237,428,652 41.91
2. shares held by
state-owned legal
person
3. shares held by other
domestic investors
including: shares
held by domestic
legal person
shares held by
domestic natural
person
4. shares held by
foreign investors
including: shares
held by foreign
legal person
shares held by
foreign natural
person
total shares with
restrictions on
sales
237,428,652 41.91 237,428,652 41.91
ii. circulating shares without restrictions on sales
1. rmb ordinary
shares 96,095,538 16.96 96,095,538 16.96
2. domestically listed
foreign shares 232,925,000 41.13 232,925,000 41.13
3. overseas listed
foreign shares
4. others
total circulating
shares without
restrictions on
sales
329,020,538 58.09 329,020,538 58.09
iii. total shares 566,449,190 100 566,449,190 100
approval of the share change:
1. on feb. 21, 2006, the company got the reply from the ministry
of commerce on approving the share transfer of shanghai
erfangji co., ltd from the ministry of commerce.
2. on feb. 28, 2006, the company got the notice on the relay
of the reply from the ministry of commerce on approving the
share transfer of shanghai erfangji co., ltd from the shanghai
foreign investment commission, and the listing of the company’s
shares was resumed on mar. 3, 2006.
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
3. on mar. 3, 2006, the company transferred the bonus shares
to the accounts of shareholders directly as required by the
shanghai branch of china securities depository and clearing
corporation limited.
4. the state-owned assets supervision and administration
commission of shanghai municipal government has entrusted
shanghai electric (group) corporation to manage the
state-owned shares of the company; pacific mechatronic (group)
co., ltd is an entity authorized with the operation of the
company’s state-owned shares, and holds 237,428,652 shares,
taking up 41.91% of the company’s total share capital.
(ii) particulars about shareholders
1. number of shareholders and shareholding status
unit:
share
total number of shareholders at the end of the report period
82,639, including 42,221 a-share
shareholders and 40,418 b-share
shareholders
particulars about shares held by the top ten shareholders
name of
shareholder
nature of
shareholders
proportion
of the
shares held
(%)
total
number of
shares held
increase
or
decrease
during
the report
period
shares with
restrictions
on sales held
number
of shares
pledged
or frozen
pacific mechatronic
(group) co., ltd – a
unit authorized with
the operation of
state-owned shares
state-owned
shareholder 41.91 237,428,652 237,428,652 0
hsbc private bank
(suisse) sa
geneva
foreign
shareholder 0.17 1,000,000 unknown
zhang huiding foreign
shareholder 0.15 890,571 unknown
merrill lynch far
east limited
foreign
shareholder 0.14 806,425 unknown
hsbc fund
services a/c
006-113039-431
foreign
shareholder 0.12 734,000 unknown
shi yuxing foreign
shareholder 0.11 677,107 unknown
huang zhihao foreign
shareholder 0.11 666,100 unknown
liu da foreign
shareholder 0.11 655,600 unknown
zhang guangzhong foreign
shareholder 0.11 643,805 unknown
scbhk a/c kg
investments asia
limited
foreign
shareholder 0.10 604,910 unknown
particulars about shares held by the top ten shareholders holding shares without restrictions on sales
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
name of shareholders shares without
restrictions on sales held type
hsbc private bank (suisse) sa geneva 1,000,000 domestically listed foreign
shares
zhang huiding 890,571 domestically listed foreign
shares
merrill lynch far east limited 806,425 domestically listed foreign
shares
hsbc fund services a/c 006-113039-431 734,000 domestically listed foreign
shares
shi yuxing 677,107 domestically listed foreign
shares
huang zhihao 666,100 domestically listed foreign
shares
liu da 655,600 domestically listed foreign
shares
zhang guangzhong 643,805 domestically listed foreign
shares
scbhk a/c kg investments asia limited 604,910 domestically listed foreign
shares
yu yusheng 553,000 domestically listed foreign
shares
explanation on the associated relationship or
concerted action among the aforesaid shareholders
it is unknown whether there are related relationships
among the circulating shareholders or whether they have
joined in any concerted action.
shares held by the top ten shareholder holding restricted
shares and restrictions:
no.
name of
shareholders
holding restricted
shares
number of
restricted
shares held
listing and trading of the
restricted shares
restrictionstime for
listing
and
trading
share amount
permitted for
listing and
trading
1
pacific mechatronic
(group) co., ltd – a
unit authorized
with the operation
of state-owned
shares
237,428,652
mar. 3,
2007
237,428,652
no listing and trading in
the 1st year; no exceeding
5% of the total share
capital in the 2nd year;
the accumulated amount no
exceeding 10% of the
total share capital.
2. change of the controlling shareholder and actual controller
neither the controlling shareholder nor the actual controller
changed during the report period.
section iii. particulars about directors,
supervisors, and senior executives
1. increase of the shares held by directors, supervisors and senior executives of the
company in the report period:
(i) change of shares held by directors, supervisors and senior executives
name title
number of
shares at the
beginning of
the period
number of
shares at the
end of the
period
increase or
decrease of
shares
reason for the change
zheng
yuanhu
chairman of the board,
secretary of the cpc 0 0 0 0
li
peizhong
director,general manager,
deputy secretary of the 0 0 0 0
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
cpc
cui ling
director,executive deputy
general manager, chief
engineer
3,000 4,050 1,050
3.5 shares were granted to each 10
shares during the share merger
reform.
mei
jianzhong director, cfo 1,000 1,350 350
3.5 shares were granted to each 10
shares during the share merger
reform.
wang
chengzong
director, deputy secretary
of the cpc, chairman of
the workers’ union
3,000 4,050 1,050
3.5 shares were granted to each 10
shares during the share merger
reform.
zhang
fubiao director 0 0 0
ni di independent director 0 0 0
gao yong independent director 1,863 2,515 652
3.5 shares were granted to each 10
shares during the share merger
reform.
cai huimin independent director 0 0 0
xu
zucheng
chairman of the
upervisory committee,
deputy secretary of the
cpc, secretary of the
discipline inspection
commission
0 0 0
yu zhifen vice chairman of the
supervisory committee 0 0 0
gao erqi supervisor 0 0 0
zhang
fuhai
supervisor, deputy
secretary of the discipline
inspection commission
1,000 1,350 350
3.5 shares were granted to each 10
shares during the share merger
reform.
yang min supervisor 1,000 1,350 350
3.5 shares were granted to each 10
shares during the share merger
reform.
wei
baorong
vice general manager,
deputy secretary of the
cpc
5,324 7,187 1,863
3.5 shares were granted to each 10
shares during the share merger
reform.
pan
ronggao vice general manager 2,001 2,701 701
3.5 shares were granted to each 10
shares during the share merger
reform.
gong
jianping vice general manager 2,000 2,700 700
3.5 shares were granted to each 10
shares during the share merger
reform.
li bo secretary of the board 1,000 1,350 350
3.5 shares were granted to each 10
shares during the share merger
reform.
(ii) directors, supervisors or senior executives newly engaged or dismissed
the company has not engaged or dismissed any director, supervisor or senior executive
in the report period.
section iv. discussion and analysis of the
management team
i. operation of the company
(i) discussion and analyses on the operation of the company
at the beginning of the period, the board of directors of the company proposed the
guidelines on the operation of the year 2006: focusing on development, sticking to the
work principle of “market, product, management and efficiency”, stepping up the
innovation in the company’s mechanism and system, and striving to realize the “three
breakthroughs, three deepenings and five uplifts”. during the upper half year, two
leading teams and all the workers have overcome the difficulties brought by the
market changes and the adjustment of products and personnel structure and spared no
effort to make sure all the work and targets of the year get done and realized, laying a
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
solid foundation for the realization of the annual operation goals:
1. concentrated on the development of the major products, stepped up the work on the
commercialization of the “three major products” and made new breakthroughs in the
development of the core technology. in the upper half year, the company has laid its
emphasis on the product development and commercialization work of the three main
products with collective winding, namely the chain spinning frame, the flyer frame
and the auto spooler; the company has adjusted its incentive plans for the technical
personnel and combined their bonus with the development of the projects, which has
successfully boosted the vigor of the technical staff; with limited hands and time and
difficult contracts, the whole technical staff have embraced team work and cooperated
crisscross for the development of the projects and crack-down of technical difficulties,
contributing to the new breakthroughs in the development of products and
commercialization work.
2. established great marketing concept, put great efforts in the development of
overseas markets, strengthened the team construction of marketing personnel and
improved the examination and incentive mechanism. the company has vigorously
adjusted to the market changes and adapted its marketing strategies, and has made
some new breakthroughs in the expansion of market coverage.
3. unremittingly strengthened its basic management, continued to improve its internal
management mechanism, made its management mechanism targeting at uplifting the
qualities of the managers, improving the management system and gaining profit, and
got new breakthroughs in the effectiveness of the management mechanism.
(ii) operation in the report period
1. scope and operation of the main operations of the company
(1) operation of the main operations of the company
by the end of the report period, the total consolidated assets of the company
amounted to rmb 1,186,704,000, the liabilities totaled rmb 520,503,000 and the
owners’ equity was rmb 666,201,000; income from main operations made by the
company in the upper half year amounted to rmb 396,896,600, the profit from main
operations rmb 37,160,500 and the net profit rmb 2,263,400.
scope of the company’s main operations: manufacture and sales of textile machines
and relevant electronic and electric products, general-purpose machines, photoelectric
products, metal products and plastic products; non-publication printing and the
printing of packing and decoration materials; technical service; storage operation.
2. main operations classified according to industries and products
unit: rmb
industry or
product
income from
main
operations
cost of main
operations
profit
ratio of
main
operations
(%)
increase or
decrease of
the income
from main
operations
year-on-year
(%)
increase or
decrease of
the cost of
main
operations
year-on-year
(%)
increase or
decrease of
the profit
ratio of main
operations
year-on-year
(%)
classified
according
to industries
fly frame
industry 395,534,372.48 357,575,423.70 9.60 10.34 17.66
up by 2.44
percentage
points
including:
related
transactions
25,857,546.01 24,019,970.67 7.11 -58.25 -54.25
down by 8.11
percentage
points
classified
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
according
to products
fly frame
products 395,534,372.48 357,575,423.70 9.60 10.34 17.66
up by 2.44
percentage
points
including:
related
transactions
25,857,546.01 24,019,970.67 7.11 -58.25 -54.25
down by 8.11
percentage
points
pricing principles of related transactions market price
3. main operations classified according to regions unit: rmb
regions income from main
operations
increase or decrease of the income from main operations
year-on-year (%)
domestic 299,888,057.64 16.56
overseas 97,008,491.01 -5.17
in the report period, the amount involved in the related transactions of the company
selling products or providing labor service to the controlling shareholder and its
subsidiaries totaled rmb 25,857,500.
4. other operations that have exerted significant influence upon the net profit
unit: rmb
other operations gains and losses proportion taking up the net
profit (%)
income from the sales of the
properties on the wuyi road 13,991,161.97 618.16
in the report period, the company sold the property on wuyi road to shanghai
electric group assets management co., ltd, contributing rmb 13,991,161.97 to the
net profit.
5. operation and performance of shareholding companies whose earnings influenced
over 10% of the net profit of the company
unit: rmb
name of
company
business
scope net profit
investment yield contributed
by the shareholding
companies
proportion taking up the
listed company’s net profit
(%)
shanghai
liangji
industrial
co., ltd
international
and
domestic
trade
563,523.43 507,171.09 22.41
shanghai
liangfang
textile
machinery
special parts
co., ltd
manufacture
and sales of
spindle,
roller and
other parts
for textile
machines
1,158,373.84 984,617.76 43.50
6. general information on the company’s capital occupied by the controlling
shareholder and its subsidiaries
unit: rmb
item of accounts
receivable or payable related party amount at the
beginning of the period
amount at the end
of the period
account receivable pacific mechatronic (group) co.,
ltd 7,052,000.00 1,582,000.00
account receivable shanghai pacific textile machine
complete set equipment co., ltd 26,485,912.40 24,270,046.24
account receivable shanghai xinsiji mechatronic co.,
ltd 6,752,635.26 6,752,635.26
other account
receivable
pacific mechatronic (group) co.,
ltd 0 1,212,556.10
other account
receivable
shanghai yijie information
technology co., ltd 0 42,740.43
other account
receivable
hainan liangji investment &
development co., ltd 682,316.58 695,623.18
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
other account
receivable
shanghai pacific textile machine
complete set equipment co., ltd 7,000,000.00
account payable shanghai xinsiji mechatronic co.,
ltd 1,242,000.00 1,142,000.00
account collected in
advance
pacific mechatronic (group) co.,
ltd 7,832,991.00 4,402,391.00
account collected in
advance
shanghai xinsiji mechatronic co.,
ltd 0 189,826.05
account collected in
advance
shandong liangji textile machine
co., ltd 5,504,178.62 1,482,920.00
other account payable pacific mechatronic (group) co.,
ltd 685,026.90 772,840.73
other account payable shanghai erfangji chemical fiber
complete set equipment co., ltd 388,828.00
advance payment shanghai pacific textile machine
complete set equipment co., ltd 6,200,000.00
7. explanations on the significant changes of the main operations and their structure
by the development of product market and the increase of technological content in
products, the sale revenue from the textile machine products of the 1st half year has
increased by 15.68% year-on-year.
8. analyses on the reasons of the significant changes in the profit breakdown
compared with last year
unit: rmb
item
the report period last year increase or
decrease
proportion amount
proportion
taking up the
total profit (%)
amount
proportion
taking up the
total profit (%)
profit from main
operations 37,160,481.46 1201.30 121,167,697.63 1,217.70
down by 16.4
percentage
points
profit from other
operations 4,514,002.75 145.93 8,055,533.28 80.96
up by 64.97
percentage
points
period expense 54,239,434.57 1753.41 132,085,536.23 1,327.42
up by 425.99
percentage
points
investment yield 220,949.01 7.14 6,293,730.71 63.25
down by 56.11
percentage
points
subsidy income 0.00 149,000.00 1.50
net non-operating
income and
expense
15,437,366.06 499.05 6,370,140.22 64.02
up by 435.03
percentage
points
analyses:
(1) profit from main operations: the proportion of the profit from main operations
taking up the total profit is about the same level as that of the last year, mainly
because there is no significant change in the gross profit ratio of the report period
compared with that of the last year.
(2) profit from other operations: since the total profit of the report period has not
reached 50% of that of the last year, while the profit from other operations of the
report period has exceeded over 50% of that of the last year, the proportion of the
profit from other operations taking up the total profit has increased by 64.97
percentage points than that of the last year.
(3) period expense: in the report period, the company has strictly controlled the
financial budget and limited various non-operation expenses. therefore, the period
expense of the report period has taken up only 41.06% of that of the last year.
however, due to the change of the total profit, which is the denominator, there is great
66
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
change in the proportion of the period expense taking up total profit compared with
that of the last year.
(4) investment yield: the proportion of the investment yield taking up the total profit
has decreased by 56.11 percentage points compared with that of the last year, mainly
due to the investment yield arising out of selling subsidiaries (shanghai liangji real
estate co., ltd and shanghai o&e photonics co., ltd)
.
(5) subsidy income: there is subsidy income in the report period. the subsidy income
of the last year was the subsidy received by a subsidiary (shanghai liangji industrial
co., ltd) amounting to rmb 149,000.
(6) net non-operating income and expense: the proportion of the net non-operating
income and expense taking up the total profit has increased by 435.03 percentage
points than that of the last year, mainly caused by the great income from transfer of
the real estate on the wuyi road in the report period.
(iii) investments in the report period
1. use of raised proceeds
in the report period, the company has neither raised any proceeds nor used any
proceeds that were raised in previous periods.
2. projects invested with non-raised proceeds
the company had no projects invested with non-raised proceeds in the report period.
3. important investments
the company had no important investments in the report period.
section v. significant events
(i) administration of the company
1. to standardize its operation, the company has revised the articles of association,
the rules of procedure of the shareholders’ general meeting, the rules of procedure
of the board of directors and the rules of procedure of the supervisory committee
according to the company law of the people’s republic of china, the securities law
of the p.r.c. and the guidelines on the articles of association of listed companies
(2006 revised) issued by the csrc, and the requirements provided in the notice on
issuing the guidelines on the articles of association of listed companies (zjgsz
[2006] no. 28), i.e. “all listed companies shall revise their articles of association at
the 1st shareholders’ general meeting after the issuance of this notice” as well as the
guidelines on the revision of the rules of procedure of the shareholders’ general
meeting, the rules of procedure of the board of directors and the rules of procedure
of the supervisory committee. the documents revised by the company has been
examined by the board of directors and submitted to the 21st shareholders general
meeting (2005) for examination and approval.
public notices on the aforesaid issues have been published in shanghai securities
news and hong kong ta kung pao may 17, 2006 editions.
2. pursuant to the requirements of rules on administration of listed company, the
company continued to improve the corporate administrative structure, standardize the
corporate operation, disclose information strictly by rules and lay phases on the
management of relations with investors. the directors and independent directors have
carefully fulfilled their duties and guarded the overall interests of the company and
the small and medium-sized shareholders’ interests.
(ii) implementation of profit distribution in the report period
in the report period, the company has planned not to distribute any profit or capitalize
any public reserves into share capital for the year 2005.
(iii) profit distribution preplan and the preplan on the capitalization of public reserves
67
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
for the interim of 2006
there is no preplan on profit distribution or capitalization of public reserves at the
interim of 2006.
(iv) significant lawsuits and arbitrations that should be disclosed by the company in
the report period
1. in march 2001, the company sued xinjiang jingcheng cotton textile factory for
debts owed by this company for equipment, and the case number was (2001) hjcz
no. 293. during the first instance, the court ruled that xinjiang jingcheng cotton
textile factory pay the company rmb 4,821,200 for commodities. in august 2002,
xinjiang jingcheng cotton textile factory filed an appeal ([2002] hezms [s] zz no.
405) against the company, which was turned down. right now, the hongkou court
has authorized xinjiang railway intermediate court for the execution of the case.
part of the machinery equipment has been sequestered and rmb 70,400 has been
recovered. the company is actively cooperating with the court and organizing the
debt recovery work for the accounting receivable.
2. as to the case on the company suing shangdong jinan zhenghao advanced fiber
co., ltd (hereinafter referred to as jinan zhenghao) for contract dispute, shanghai no.
2 intermediate people’s court issued a valid judgment on sep. 22, 2005 (case no.:
[2005] hezms [s] cz no. 30), which ruled that jinan zhenghao repay the company
rmb 11,226,000 for commodities and rmb 561,300 for the breach of contract, and
the total amount shall be rmb 11,787,300. when lodging the complaint, the
company had applied for attachment of property, and the court had sequestered
relevant property of jinan zhenghao according to legal procedure. right now, this
case has entered into the compulsory execution procedure (case no.: [2005] hezzz
no. 1125). relevant execution work is under way.
(v) sales of assets
in the report period, the company transferred the property at wuyi road no. 242 to
the shanghai electric group assets management co., ltd, which is a subsidiary of
the company’s shareholder. the book value of the assets was rmb 365,600, the
assessed value was rmb 15,200,000 and the selling price was rmb 15,200,000. the
benefit generated from this transaction amounted to rmb 13,990,000. the selling
price of this transaction has been set according to the evaluation by the shanghai
fushen real estate evaluation co., ltd and confirmed by both parties. this
transaction has been published in shanghai securities news and hong kong ta kung
pao apr. 15, 2006 editions. right now, the transfer procedures have all been finished.
this transaction is a related transaction.
(vi) significant related transactions
1. related transactions concerning regular operation
(1) related transactions of commodity purchase and acceptance of labor service
unit: rmb
name of
related
party
content of
the related
transaction
pricing
principle
of the
related
transaction
price of
the related
transaction
amount of
the related
transaction
proportion
taking up
the
amounts of
the same
kind of
transaction
mode of
settlement
of the
related
transaction
market
price
influence
of the
related
transaction
on the
profit of
the
company
linhai
liangfang
textile
special
purchase market
price
fair market
price 5,660,498.70 16.48 bank
current
fair
market
price
-
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
parts co.,
ltd
shanghai
pacific
textile
machinery
complete
set
equipment
co., ltd
purchase market
price
fair market
price 2,820,512.82 8.21 bank
current
fair
market
price
-
(2) related transactions on sales of commodities and offer of service
unit: rmb
name of
related
party
content of
the related
transaction
pricing
principle
of the
related
transaction
price of
the related
transaction
amount of
the related
transaction
proportion
taking up
the
amounts of
the same
kind of
transaction
mode of
settlement
of the
related
transaction
market
price
influence
of the
related
transaction
on the
profit of
the
company
pacific
mechatronic
(group)
co., ltd
sales market
price
fair market
price 6,526,923.07 19.01 bank
current
fair
market
price
473,593.54
shandong
liangji
textile
machine
co., ltd
sales market
price
fair market
price 6,235,111.11 18.16 bank
current
fair
market
price
444,126.96
shanghai
pacific
textile
machinery
complete
set
equipment
co., ltd
sales market
price
fair market
price 13,095,511.83 38.14 bank
current
fair
market
price
919,854.84
① the company sold commodities to the controlling shareholder pacific
mechatronic (group) co., ltd.
② the company sold commodities to the affiliated company shandong liangji
textile machine co., ltd.
③
the company sold commodities to shanghai pacific textile machinery complete
set equipment co., ltd, which is a subsidiary of the company’s shareholder.
2. estimated amount of the related transactions
according to the requirement of the code of corporate governance for listed
companies in china and to standardize the corporate governance and uplift the
operation efficiency and quality, the board of directors has applied to the
shareholders’ general meeting for the authorization to examine and approve the
sustainable related transactions on sales and operation in 2006 by the board according
to the market changes in the sales of chemical fiber spinning machine. the 21st
shareholders’ general meeting (2005) examined and approved the proposal on the
applying to the shareholders’ general meeting for the authorization to examine and
approve the sustainable related transactions on sales and operation in 2006 by the
board of directors. it is estimated that the income from the sales of chemical fiber
spinning machines will amount to rmb 250 million. public notices on this issue have
been published in shanghai securities news and kong kong ta kung pao may 17,
69
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
2006 editions.
(vii) important contracts and their implementation in the report period
1. entrusted management
the company has made no entrusted management in the report period.
2. contracting
the company had no contracting during the report period.
3. lease
in the report period, the income from the lease of housing properties amounted to
rmb 3,829,800.
(viii) guarantees
guarantees that occurred in the report period or that occurred in previous periods and
lasted into the report period are as follows:
by jun. 30, 2006, the external guarantees provided by the company are as follows
(shanghai pu’enyi import & export co., ltd is a subsidiary of the company with
90% of its shares controlled by the company)
:
unit: rmb’0000
external guarantees of the company (excluding guarantees for shareholding subsidiaries)
name of companies
guaranteed
date of occurrence
(agreement signing
day)
guarantee
amount guarantee type guarantee
term
accomplished
or not
for related
parties or not
total guarantee amount occurred in the report period 0
total guarantee balance at the end of the report period 0
guarantees for shareholding subsidiaries by the company
total guarantee amount occurred in the report period for shareholding subsidiaries 0
total guarantee balance at the end of the report period for shareholding subsidiaries 1,600
total guarantee amount of the company (including guarantees for shareholding subsidiaries)
total guarantee amount 1,600
proportion of the company’s net assets taken by the total guarantee amount (%) 2.48
including:
guarantee amount for shareholders, the actual controller and their related parties 0
guarantee amount for the debts of the guaranteed companies with an asset-liability ratio
of over 70 percent, directly or indirectly 0
the amount by which the total guarantee amount exceeded 50 percent of the net assets 0
total amount of aforesaid three types of guarantees 0
the company had no illegal guarantees in the report period.
(ix) entrustment of assets management
in the report period, the company has no entrusted any entity with assets
management.
(x) other significant contracts
the company had no other significant contracts in the report period.
(xi) commitments
in the report period, neither the company nor any shareholder holding over 5% of the
company’s shares has made any commitments or has any commitments made in
previous periods and still lasting in the report period that might exert significant
influence upon the operation or financial status of the company.
(xii) engagement or dismissal of certified public accountants
in the report period, the company has not changed the certified public accountants.
right now, shulun pan certified public accountants co., ltd is the auditing agency
for the a shares of the company, and horwath international certified public
accountants is the company’s b-share auditing agency.
(xiii) in the report period, neither the company nor the board or its directors have
been inspected by or received any administrative punishment or notice of criticism
from the csrc, or have been punished by other administrative departments or have
70
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
been criticized publicly by the shenzhen stock exchange.
(xiv) other significant events
in the report period, the company held the relevant shareholders’ general meeting of
the a-share market on jan. 23, 2006, at which the plan on the share merger reform
was examined. the plan on the share merger reform had been approved by
overwhelming majority of the votes.
plan on the share merger reform of the company: pacific mechatronic (group) co.,
ltd, the shareholder holding non-circulating shares, shall pay 24,913,658 shares to all
circulating a-share shareholders registered in book on the record date, i.e. 3.5 shares
for each 10 shares held by circulating a-share shareholders. the total share capital of
the company shall remain unchanged after the implementation of the plan, so do the
financial indexes of the company, including the assets, liabilities, owners’ equity and
earnings per share, etc.
after getting the approval from the ministry of commerce and the shanghai foreign
investment commission, the company went through the relevant procedures at the
shanghai stock exchange and the shanghai branch of the china securities
depository and clearing corporation limited for the resumption of the listing of the
company’s a shares. on mar. 3, 2006, the listing of the company’s a shares was
officially resumed, the stock abbreviation of the company’s a shares became “g
erfangji” and the stock code remained the same. the company has successfully
finished all the work on the share merger reform.
(xv) contingent events
in june 2001, crédit agricole indosuez shanghai branch sued the company in hong
kong for debts owed by the company, and the object of the lawsuit was usd
2,605,600. hong kong high court accepted the case and numbered it lawsuit no.
14569 zi and the company responded to the persecution in hong kong. as required
by crédit agricole indosuez shanghai branch, the court heard the case through
summary procedure. on nov. 30, 2001, hong kong high court issued a judgment
that did not support the requirements of the crédit agricole indosuez shanghai
branch. on dec. 13, 2001, crédit agricole indosuez shanghai branch lodged an
appeal, and that was turned down on jun. 12, 2002. later, crédit agricole indosuez
shanghai branch asked to postpone the hearing through common procedure and the
court accepted. on jan. 5, 2005, the court began to hear this case and asked the two
parties to hand over evidences. right now, the case is still at the stage of evidence
preparation.
(xvi) indexes to the information disclosure
event
name of the
newspaper
published in and
page
publishing
date
internet website
published on and url
public notice of shanghai erfangji co., ltd on
the implementation result of the rectification
after the patrol inspection of the shangahai
securities supervisory bureau of the china
securities regulatory commission
shanghai
securities news,
hong kong ta
kung pao
jan. 7, 2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the 1st notice on the convening of the relevant
shareholders’ general meeting of the a-share
market
shanghai
securities news jan. 9, 2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the getting the approval of the share merger
reform from the state-owned assets
supervision and administration commission of
shanghai
securities news
jan. 10,
2006 http://www.sse.com.cn
71
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
shanghai municipal government
public notice of shanghai erfangji co., ltd on
the 2nd notice on the convening of the relevant
shareholders’ general meeting of the a-share
market
shanghai
securities news
jan. 12,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the abnormal fluctuation of the stock
shanghai
securities news,
hong kong ta
kung pao
jan. 23,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the voting results at the relevant shareholders’
general meeting of the a-share market
shanghai
securities news
jan. 24,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the getting the approval from the ministry of
commerce for the share merger reform and the
issues involving equity transfer
shanghai
securities news
feb. 27,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the implementation of the share merger reform
plan
shanghai
securities news
feb. 28,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the resolutions made at the 15th meeting of the
5th board of directors
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
summary of annual report 2005 of shanghai
erfangji co., ltd
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the resolutions made at the 11th meeting of the
5th supervisory committee
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the related transactions on sustainable sales
and operation
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the convening of the 21st shareholders’ general
meeting (2005)
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
related transactions
shanghai
securities news,
hong kong ta
kung pao
apr. 15,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the 1st quarterly report 2006
shanghai
securities news,
hong kong ta
kung pao
apr. 24,
2006 http://www.sse.com.cn
public notice of shanghai erfangji co., ltd on
the resolutions made at the 21st shareholders’
general meeting (2005)
shanghai
securities news,
hong kong ta
kung pao
may 17,
2006 http://www.sse.com.cn
section vi. financial report
the financial accounting report of the company has not been audited in the period.
i. financial statements
1. balance sheet
2. income statement
3. cash flow statement
balance sheet
jun. 30, 2006
compiled by shanghai erfangji co., ltd unit: rmb
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
assets
note consolidation parent company
consolidation parent
company
amount at the
end of the
period
amount at the
beginning of the
period
amount at the
end of the
period
amount at the
beginning of the
period
current
assets:
monetary
assets 118,537,301.44 151,374,719.78 85,692,091.72 94,507,004.37
short-term
investments
notes
receivable 7,873,240.20 133,618,015.93 6,673,240.20 112,143,623.21
dividends
receivable
interest
receivable
accounts
receivable 143,839,337.77 131,686,241.99 132,770,224.61 123,589,332.65
other
accounts
receivable
16,159,202.12 8,353,091.25 18,589,980.23 9,521,130.28
prepayments 29,681,151.44 10,879,256.22 10,811,566.38 8,318,504.22
allowance
receivable 5,616,195.45
inventories 334,005,639.77 381,476,997.22 303,715,016.61 339,349,169.04
deferred and
prepaid
expenses
410,725.27 410,725.27
long-term
investments
on bonds due
within one
year
other current
assets
total current
assets 656,122,793.46 817,388,322.39 558,662,845.02 687,428,763.77
long-term
investments:
long-term
equity
investments
36,327,580.34 36,265,980.65 93,360,737.93 102,449,236.17
long-term
investments
on bonds
total
long-term
investments
36,327,580.34 36,265,980.65 93,360,737.93 102,449,236.17
including:
consolidation
difference
-385,342.16 -385,342.16
including:
equity
investment
difference
-385,342.16 -385,342.16
fixed assets:
original
value of fixed
assets
1,035,980,079.87 1,039,027,090.45 994,122,231.19 994,212,280.85
less:
accumulated
depreciation
488,953,873.55 475,332,210.79 470,147,156.12 456,442,079.29
net value of
fixed assets 547,026,206.32 563,694,879.66 523,975,075.07 537,770,201.56
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
less:
depreciation
reserves for
fixed assets
93,982,763.37 93,982,763.37 88,005,467.98 88,005,467.98
net amount
of fixed
assets
453,043,442.95 469,712,116.29 435,969,607.09 449,764,733.58
project
materials
construction
in progress 6,988,048.70 5,917,191.66 6,729,201.70 5,837,191.66
disposal of
fixed assets
total fixed
assets 460,031,491.65 475,629,307.95 442,698,808.79 455,601,925.24
intangible
assets and
other assets:
intangible
assets 32,349,848.35 33,128,018.20 32,349,848.35 33,128,018.20
long-term
deferred
assets
1,872,289.35
other
long-term
assets
total
intangible
assets and
deferred
assets
34,222,137.70 33,128,018.20 32,349,848.35 33,128,018.20
deferred
taxes:
deferred
taxes - debits
total assets 1,186,704,003.15 1,362,411,629.19 1,127,072,240.09 1,278,607,943.38
current
liabilities
short-term
loans 177,228,124.98 275,681,385.47 152,628,124.98 244,398,385.47
notes
payable
accounts
payable 219,188,628.83 279,654,235.53 249,092,662.09 268,276,374.02
deposit
received 63,344,420.80 79,933,523.74 26,847,095.04 62,807,887.92
payroll
payable
welfare
payable 1,684,308.38 1,268,447.25 1,128.10
dividends
payable 48,982.25 28.84
taxes
payable 6,833,035.92 1,738,908.53 6,653,088.24 9,953,176.94
others
payable to
government
867,861.37 966,666.53 852,819.67 966,248.14
other
payables 37,277,215.14 42,938,813.44 28,397,847.56 29,977,323.53
accrued
expense 1,476,457.84 2,463,057.38 445,457.84 2,463,057.38
estimated
liabilities
long-term
74
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
liabilities due
within one
year
other current
liabilities
total current
liabilities 507,949,035.51 684,645,066.71 464,918,223.52 618,842,453.40
long-term
liabilities:
long-term
loans 4,082,730.79 4,082,730.79
bonds
payable
long-term
payables
specific
payables
other
long-term
liabilities
total
long-term
liabilities
4,082,730.79 4,082,730.79
deferred
taxes:
deferred
taxes –
credits
total
liabilities 512,031,766.30 688,727,797.50 464,918,223.52 618,842,453.40
minority
shareholders’
equity
8,471,209.62 10,025,087.63
owners’
equity (or
shareholders’
equity):
paid-up
capital (or
share capital)
566,449,190.00 566,449,190.00 566,449,190.00 566,449,190.00
less:
investment
returned
net paid-up
capital (or
share capital)
566,449,190.00 566,449,190.00 566,449,190.00 566,449,190.00
capital
reserves 69,537,598.09 69,412,428.38 69,537,598.09 69,412,428.38
surplus
reserves 11,524,598.94 11,524,598.94 3,611,145.86 3,611,145.86
including:
statutory
welfare
reserve
retained
profit 19,399,149.07 17,135,792.19 22,556,082.62 20,292,725.74
cash
dividend
planned to
distribute
foreign
currency
translation
difference
75
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
less:
unconfirmed
investment
losses
709,508.87 863,265.45
total owners’
equity
(shareholders’
equity)
666,201,027.23 663,658,744.06 662,154,016.57 659,765,489.98
total
liabilities and
owners’
equity
(shareholders’
equity)
1,186,704,003.15 1,362,411,629.19 1,127,072,240.09 1,278,607,943.38
legal representative: zheng yuanhu
person in charge of accounting work: mei jianzhong
person in charge of accounting organs: chen zhihu
income statement
january – june 2006
compiled by shanghai erfangji co., ltd unit: rmb
items
note consolidation parent company
consolidation parent
company
amount of the
report period
amount of the
same period
last year
amount of the
report period
amount of the
same period
last year
i. revenue
from main
operations
396,896,548.65 359,585,021.70 337,916,862.54 308,780,682.16
less: cost of
main
operations
357,933,817.86 304,058,015.20 314,573,124.91 267,738,448.79
taxes and
surcharges on
main
operations
1,802,249.33 1,603,027.44 1,411,505.94 1,266,887.17
ii. profit from
main
operations
(losses listed
with “-”)
37,160,481.46 53,923,979.06 21,932,231.69 39,775,346.20
add: profit
from other
operations
(losses listed
with “-”)
4,514,002.75 1,269,081.32 4,055,171.16 553,751.06
less:
operating
expenses
7,849,707.36 8,676,576.43 4,796,406.66 4,680,773.78
management
expenses 42,137,787.82 41,125,024.39 31,937,602.92 31,594,187.73
finance
expenses 4,251,939.39 4,562,535.56 4,018,404.13 4,430,746.60
iii. operating
profit (losses
listed with “-”)
-12,564,950.36 828,924.00 -14,765,010.86 -376,610.85
add:
investment
income (losses
listed with “-”)
220,949.01 1,428,323.42 1,894,657.47 2,150,675.12
subsidy
income
non-operating
income 16,757,356.05 2,212,095.04 16,411,922.15 2,207,221.44
less: 1,319,989.99 784,743.58 1,192,833.29 772,915.91
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
non-operating
expenses
iv. total profit
(losses listed
with “-”)
3,093,364.71 3,684,598.88 2,348,735.47 3,208,369.80
less: income
tax 425,929.54 620,122.57 85,378.59 175,211.19
less: minority
gains and
losses
250,321.71 83,829.82
add:
unconfirmed
investment
losses (listed
in
consolidated
statements)
-153,756.58 52,512.12
v. net profit
(losses listed
with “-”)
2,263,356.88 3,033,158.61 2,263,356.88 3,033,158.61
add: retained
profit at the
beginning of
the year
17,135,792.19 12,916,104.92 20,292,725.74 14,364,295.13
other
transfer-ins
vi. profit
available for
distribution
19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
less: statutory
surplus
reserves
withdrawn
statutory
welfare
reserves
withdrawn
employees’
bonus and
welfare funds
withdrawn
(listed in
consolidated
statements)
reserve fund
withdrawn
enterprise
development
fund
withdrawn
profit returned
into
investment
vii. profit
available to be
distributed to
investors
19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
less:
dividends for
preference
shares payable
discretionary
surplus
reserves
withdrawn
77
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
dividends for
ordinary
shares payable
dividends for
ordinary
shares
converted into
share capital
viii. retained
profit (losses
not made up
listed with “-”)
19,399,149.07 15,949,263.53 22,556,082.62 17,397,453.74
supplementary
materials:
1. income
from the sales
or disposal of
departments or
invested units
2. losses
arising out of
natural
disasters
3. increase (or
decrease) of
the total profit
due to changes
of the
accounting
policies
4. increase (or
decrease) of
the total profit
due to changes
of the
accounting
estimations
5. losses
arising from
debt
reorganization
6. others
legal representative: zheng yuanhu
person in charge of accounting work: mei jianzhong
person in charge of accounting organs: chen zhihu
cash flow statement
january – june 2006
compiled by shanghai erfangji co., ltd unit: rmb
items
note consolidated
amount
amount of the
parent company consolidation parent
company
i. cash flows arising from operating activities:
cash received from selling products and providing
services 334,376,878.25 248,197,710.05
tax rebate received 13,796,280.78
other cash received concerning operating activities 35,504,283.77 20,254,634.20
subtotal of cash inflow 383,677,442.80 268,452,344.25
cash paid for purchase of products and services 296,686,097.19 190,003,111.97
cash paid to/for employees 34,182,936.68 28,338,418.69
taxes paid 33,558,911.23 24,992,747.42
other cash paid concerning operating activities 64,638,692.61 39,758,382.67
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
subtotal of cash outflow 429,066,637.71 283,092,660.75
net cash flows arising from operating activities -45,389,194.91 -14,640,316.50
ii. cash flows arising from investing activities:
cash received from withdrawal of investment
including: cash received from selling subsidiaries
cash received from investment income 138,547.49 1,019,708.62
net cash received from disposal of fixed assets,
intangible assets and other long-term assets 18,750,747.74 18,632,131.74
other cash received relating to investing activities
subtotal of cash inflow 18,889,295.23 19,651,840.36
cash paid for the purchase or construction of fixed
assets, intangible assets and other long-term assets 6,593,676.22 6,037,889.73
cash paid for investment
other cash paid relating to investing activities
subtotal of cash outflow 6,593,676.22 6,037,889.73
net cash flows arising from investing activities 12,295,619.01 13,613,950.63
iii. cash flows arising from financing activities:
cash received from obtaining investment
including: cash received by subsidiaries by absorbing
minority shareholders’ equity investment
cash received from loans 176,600,000.00 152,000,000.00
other cash received relating to financing activities
subtotal of cash inflow 176,600,000.00 152,000,000.00
cash paid for debts 171,700,000.00 155,700,000.00
cash paid for dividends, profit distribution or interest
repayment 4,640,012.04 4,090,575.25
including: dividend payable to minority shareholders
other cash paid relating to financing activities
including: cash paid to minority shareholders by
subsidiaries during legal investment reduction
subtotal of outflow 176,340,012.04 159,790,575.25
net cash flows arising from financing activities 259,987.96 -7,790,575.25
iv. influence on cash due to fluctuation in exchange
rate -3,830.40 2,028.47
v. net increase in cash and cash equivalents -32,837,418.34 -8,814,912.65
supplementary material
1. transferring net profit into cash flows of operating
activities:
net profit 2,263,356.88 2,263,356.88
add: gains and losses of minority shareholders
(losses listed with “-”) 250,321.71
less: unconfirmed investment losses -153,756.58
add: assets depreciation reserves withdrawn 3,417.70 3,417.70
depreciation of fixed assets 19,521,246.49 18,834,881.73
amortization of intangible assets 834,905.85 778,169.85
amortization of long-term prepaid expenses
decrease in prepaid expenses (less: increase) -410,725.27 -410,725.27
increase in accrued expenses (less: decrease) -986,599.54 -2,017,599.54
loss from disposal of fixed assets, intangible assets
and other long-term assets (less: income) -15,183,440.40 -14,842,720.27
loss on disposal of fixed assets
financial expenses 4,585,493.94 4,082,686.29
investment loss (less: income) -220,949.01 -1,894,657.47
deferred tax-credits (less: debits)
decrease of inventories (less: increase) 47,471,357.45 35,634,152.43
decrease in operating receivables (less: increase) 91,265,658.19 82,112,987.91
increase in operating payables (less: decrease) -194,936,995.48 -139,184,266.74
others
net cash flows arising from operating activities -45,389,194.91 -14,640,316.50
2. investing and financing activities without cash
movement:
capital converted from debts
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上海二纺机股份有限公司
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shanghai erfangji co 。，ltd
convertible bonds due within one year
fixed assets acquired through financing lease
3. net increase in cash and cash equivalents:
ending balance of cash 118,537,301.44 85,692,091.72
less: beginning balance of cash 151,374,719.78 94,507,004.37
add: ending balance of cash equivalents
less: beginning balance of cash equivalents
net increase in cash and cash equivalents -32,837,418.34 -8,814,912.65
legal representative: zheng yuanhu
person in charge of accounting work: mei jianzhong
person in charge of accounting organs: chen zhihu
consolidated assets depreciation reserve statement
january – june 2006
compiled by shanghai erfangji co., ltd unit: rmb
item
balance at the
beginning of
the period
increase
in the
report
period
decrease in the report period
balance at the
end of the
period
amount
written back
due to
appreciation
of assets
value
amount
transferred
out due to
other
reasons
subtotal
total bad debt
reserves 25,338,316.22 3,417.70 25,341,733.92
including:
accounts
receivable
23,604,668.97 3,417.70 23,608,086.67
other accounts
receivable 1,733,647.25 1,733,647.25
total depreciation
reserves for
short-term loans
including:
securities
investment
bond investment
total depreciation
reserves for
inventories
48,824,932.10 48,824,932.10
including:
inventories 17,596,942.86 17,596,942.86
raw materials 29,126,997.21 29,126,997.21
total depreciation
reserves for
long-term
investments
2,195,138.72 2,195,138.72
including:
long-term equity
investment
2,195,138.72 2,195,138.72
long-term bond
investment
total depreciation
reserves for fixed
assets
93,982,763.37 93,982,763.37
including:
buildings 21,519,736.04 21,519,736.04
machinery
equipment 72,463,027.33 72,463,027.33
depreciation
reserves for
intangible assets
including: patent
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
right
trademark right
depreciation
reserves for
under-construction
projects
depreciation
reserves for
entrusted loans
total assets
depreciation 170,341,150.41 3,417.70 170,344,568.11
legal representative: zheng yuanhu
person in charge of accounting work: mei jianzhong
person in charge of accounting organs: chen zhihu
assets depreciation reserve statement of the parent company
january – june 2006
compiled by shanghai erfangji co., ltd unit: rmb
item
balance at the
beginning of
the period
increase
in the
report
period
decrease in the report period
balance at the
end of the
period
amount
written back
due to
appreciation
of assets
value
amount
transferred
out due to
other
reasons
subtotal
total bad debt
reserves 24,733,496.95 3,417.70 24,736,914.65
including:
accounts
receivable
22,855,841.80 3,417.70 22,859,259.50
other accounts
receivable 1,877,655.15 1,877,655.15
total depreciation
reserves for
short-term loans
including:
securities
investment
bond investment
total depreciation
reserves for
inventories
including:
inventories
raw materials
total depreciation
reserves for
long-term
investments
2,195,138.72 2,195,138.72
including:
long-term equity
investment
2,195,138.72 2,195,138.72
long-term bond
investment
total depreciation
reserves for fixed
assets
88,005,467.98 88,005,467.98
including:
buildings 23,434,667.80 23,434,667.80
machinery
equipment 64,570,800.18 64,570,800.18
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上海二纺机股份有限公司
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shanghai erfangji co 。，ltd
depreciation
reserves for
intangible assets
including: patent
right
trademark right
depreciation
reserves for
under-construction
projects
depreciation
reserves for
entrusted loans
total assets
depreciation 114,934,103.65 3,417.70 114,937,521.35
legal representative: zheng yuanhu
person in charge of accounting work: mei jianzhong
person in charge of accounting organs: chen zhihu
company profile
shanghai erfangji co., ltd was a limited liability company founded on dec. 10, 1991
by the approval of the hfb [1991] no. 155 document issued by the general office of
the shanghai people’s government. in february 1992, approved by the (92) hrjgz
no. 5 document issued by the shanghai branch of the people’s bank of china, the
company began to issue domestically listed internal fund shares (a-share) and get
listed for trading; in may 1992, approved by the (92) hrj b-share z no. 1 document
issued by the shanghai branch of the people’s bank of china, the company started to
issue domestically listed foreign fund shares (b-share) and get listed for trading. on
oct. 4, 1995, the state administration for industry & commerce changed the
company’s license for business corporations, with the new registration code being
no. 019003 and legal representative zheng keqin. the company boasts a registered
capital of rmb 566,449,190.00, which has been examined by dahua certified public
accountants. the cpas has also furnished the report on capital verification hyz
(97) no. 1047. the industry the company engages in belongs to the industrial
manufacture industry. its business scope includes manufacture of textile machinery as
well as relevant electronic and electric products, universal machinery, optoelectronics
technique products, metal products, and plastic products; printing of materials not for
publication as well as the printing of packing and presentation; technical service;
storage operation; investing and founding enterprises; selling self-manufactured
products, mainly textile machinery.
(ii) significant accounting policies, accounting estimates and basis of preparing
consolidated financial statements
1. accounting standards and accounting policies:
adopt the accounting standards for prc enterprises and its supplementary rules.
2. fiscal year:
the fiscal year of the company is from jan 1st to december 31st.
3. reporting currency:
the reporting currency of the company is rmb.
4. accounting concept and valuation principle:
the accounting concept is accrual concept and the valuation principle is historical
cost convention.
5. accounting method of foreign currency businesses
businesses of foreign currency would be entered into the book after translation
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according to the rmb market exchange rate publicized by the people’s bank of china
at the beginning of the year when the businesses occur. at the end of the year, balance
of the foreign currency account would be adjusted according to rmb translation at
the market exchange price (middle price) at the end of the year. the translation
difference of the special foreign currency account would be capitalized according to
regulations during the specified period before the fixed assets purchased or
constructed have fit the predicted usable state, and would be recorded in the costs of
the construction-in-progress. the other foreign currency accounts would all be
recorded in the financial expenses. the translation difference arising from the
conversion of different currencies would all be recorded in the financial expenses.
6. translation method of foreign currency accounting statements
according to ckz (1995) no. 11 notice on issuing the provisional regulations on
the consolidated accounting statements issued by the ministry of finance, except for
the items of owner’s equity (excluding the item of retained profit), which would be
translated into rmb according to the market exchange price (middle price) when
happening, items of assets, liabilities and gains and losses would all be translated into
rmb according to the market exchange price (middle price) on the closing date of the
consolidated accounting statement. the translation difference of the foreign currency
statements would be listed separately in the consolidated balance sheet.
7. confirmation criteria of cash and cash equivalents
when the cash flow statement is compiled, cash equivalents represent short term (due
in 3 months since the purchasing day) and highly liquid investments which are readily
convertible to known amounts of cash, subject to an insignificant risk of conversion in
value and which were within three months of maturity when acquired.
8. accounting methods for bad debt losses of account receivable
confirmation criteria of bad debts: accounts receivable that could not be recovered
according to the legal liquidation procedures due to the cancellation or bankruptcy of
the debtor; accounts receivable that could not be recovered due to the death of the
debtor without any legacy for liquidation nor any obligor to assume the debts;
accounts receivable that could not be recovered for the reason that the debtor has
failed to fulfill the repayment duty after the expiration date and there is strong
evidence that it is really impossible to recover. bad debts would be cancelled after
verification according to the supervisory privilege of the company.
accounting method of bad debts: bad debts of the company would be calculated in
the allowance method. bad debt reserves would be withdrawn for the accounts
receivable (including the accounts receivable and others receivable) in the account
age analysis method.
account age analysis method
age of account withdrawing proportion for account
receivable (%)
withdrawing proportion for other
account receivable (%)
≦1 year 5 5
1-2 years 10 10
2-3 years 20 20
>3 years 50 50
9. accounting methods for inventories
(1) classification of inventories
classification of inventories: goods and materials aloft, raw materials, unfinished
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上海二纺机股份有限公司
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products, packing, low-value consumption goods, finished products, commodity
stocks, consigned processing materials, engineering construction and materials cost
variance, etc.
(2) pricing method of acquiring and sending
pricing method of acquiring and sending: various inventories would be recorded in
the account book with the actual costs when acquired; routine accounting of
inventories would be conducted in the planned cost method, and the planned costs
would be adjusted to the actual costs according to the variance ratio of costs at the
beginning of the month. low-value consumption goods would be amortized at one
time when drawn.
the value for book-entry of the inventories got from the debtor for debt
reorganization would be confirmed based upon the book value of the credit receivable;
the value for book-entry of the inventories got from non-monetary transactions would
be confirmed based upon the book value of the assets out.
(3) amortization method of the low-value consumption goods and packing
low-value consumption goods would be amortized at one time.
packing would be amortized at one time.
(4) inventory method
the company would apply the perpetual inventory method.
(5) withdrawing method of inventory depreciation reserves
at the end of the mid-term or the year, inventories would be checked, and
depreciation reserves would be withdrawn according to the lower of the costs of the
inventories or the net realizable value of the inventories.
depreciation reserves of inventories would be withdrawn according to each single
item.
10. long-term investment
(1) acquisition cost
acquisition cost should be accounted for based on original payment including
relevant taxes and processing fee. stock investment got from debtor as paying off
method through debt reorganization will be accounted for based on book value of
relevant creditor’s right receivable; long-term investment resulted from non-currency
trade will be accounted for based on book value of exchanged assets.
(2) long-term equity investment
equity investments are stated using the equity method if the company has the ability
to exercise effective control, joint control or significant influence over the investee
companies. other equity investments are stated at cost.
when long-term equity investments are accounted in the equity method, the equity
investment difference, by which the original investment costs are higher than the
share of net assets taken in the investee, would be amortized according to the
investment term on average if the contract has set an investment term; if the contract
has not set an investment term, the amortization would be conducted over 10 years on
average. the difference, by which the original investment costs are lower than the
share of net assets taken in the investee, would be recorded in the capital reserve
(equity investment reserves). the credit difference of equity investments before 2003
would still be amortized according to the original regulations. difference of equity
investment arising from reinvestments would be dealt according to the ck [2004] no.
3 document.
(3) long-term bond investment
interest will be recorded withdrawn as per contracted rate or bond surface rate, and at
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shanghai erfangji co 。，ltd
the same time overate or discount price of bond will be amortized linearly at end of
each half-year.
(4) provision for long-term investment
provision for long-term investment will be reserved as per individual item based on
difference between the recoverable and book value. when depreciation reserves for
long-term investment are withdrawn since the year 2004, the difference of equity
investment of the years before that would be dealt with according to the ck [2004]
no. 3 document.
depreciation reserves for long-term investments would be calculated and confirmed
according to each single investment item.
11. pricing and depreciation method of fixed assets and the way depreciation reserves
withdrawn
(1) pricing and depreciation method of fixed assets
fixed assets refer to the tangible assets held for commodity production, labor service,
lease, operation or management and with a use term of over 1 year and relatively high
unit value.
fixed assets shall be recorded in book with the actual cost at the time of the
acquisition. depreciation shall be withdrawn according to the straight-line method
(the average per year method) starting from the next month after the assets being
available for the expected use.
the estimated residual value ratio, depreciation term and annual depreciation ratio of
various fixed assets are as follows:
type of fixed assets depreciation term
(year)
net residual value
ratio (%)
annual depreciation
ratio (%)
production building 30-45 4 2.1-3.2
machinery equipment 8-20 4 4.8-12
electronic equipment 8-20 4 4.8-12
transportation equipment 8-20 4 4.8-12
1. purchase cost:
fixed assets are stated actual purchase costs commonly.
fixed assets got from debtor as paying off method through debt reorganization will be
accounted for based on book value of relevant creditor’s right receivable; fixed assets
resulted from non-currency trade will be accounted for based on book value of
exchanged assets.
leased fixed assets will be accounted for as the lower one between book value of the
leased fixed assets on the beginning date and the lowest leasing payment. if leased
fixed assets are 30% of the total assets of the company or less, take the lowest leasing
payment as the account value.
2. depreciation of fixed assets would be classified withdrawn by sum-of-the-years’
digits method. individual annual depreciation rate is confirmed according to type of
fixed assets, estimated using period, residual rate and depreciation rate.
fixed assets fitment expenses according with the capitalization conditions would
adopt reasonable method to withdraw depreciation at the shorter period of comparing
two fixing period and rest using period of fixed assets; fixed assets improving
expenses rented from operating leasing would adopt reasonable method to withdraw
depreciation individually at the shorter period of comparing rest leasing period and
rest using period of fixed assets. fixed assets rented from financing leasing, if
reasonably confirmed to get the ownership at the expiration of leasehold, would
withdraw depreciation in the estimated using period; if can’t be confirmed to get the
ownership, would withdraw depreciation at the shorter period of comparing the
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
leasing period and rest using period of fixed assets. fitment expenses of fixed assets
rented from financing leasing according with the capitalization conditions would
adopt reasonable method to withdraw depreciation at the shortest period of two fitting
period, rest leasing period, and rest using period of fixed assets.
(2) provision for depreciation of fixed assets
for those fixed assets with dropping market value, recoverable value lower than book
value out of out-of-date technology, damage of entity or being long time unused,
a
certain amount of provision for depreciation will be reserved per individual item at
the end of each half-year.
12. construction in progress
(1) acquisition cost
construction in progress is accounted for as per classification and on basis of actual
cost. when it reaches the usable stage, it will be account transferred as fixed assets. if
final accounting for construction completed is not finished yet, account
transformation will be done on an estimated basis. adjustment can wait till final
accounting for construction completed is finished.
(2) provision for depreciation of construction in progress
provision for construction projects long-time suspended and not-to-be-restarted in
3
years, construction projects with backward functions and technologies and with no
significant or unclear profit will be reserved as per individual item at end of each
half-year.
impairment loss for constructions in progress would be withdrawn as individual
project.
13. amortization of long-term prepaid expenses
(1) amortization of organization expenses
acquisition cost should be accounted for based on actual payment. intangible assets
got from debtor as paying off method through debt reorganization will be accounted
for based on book value of relevant creditor’s right receivable; intangible assets
resulted from non-currency trade will be accounted for based on book value of
exchanged assets.
(2) amortization method
amortization is realized on the linearly basis. if only one of the investment and
relevant law stipulates time limitation of benefit or validity, intangible assets will be
amortized over a period of no longer than the limitation stipulated; if both of them
stipulate limitation of benefit or validity, intangible assets will be amortized over
a
period of no longer than the shorter limitation stipulated; if neither of them stipulates
limitation of benefit or validity, intangible assets will be amortized over a period of no
longer than 10 years.
(3) provision for intangible assets
depreciation of intangible assets that has been replaced by new technology, market
price remarkably dropped and unrecoverable will be provided for based on the
difference between the recoverable and the book value as per individual item at end of
each half-year.
depreciation reserves for intangible assets shall be withdrawn for each single asset.
14. accounting process of borrowing expenses
(1) recognition of capitalization of borrowing expenses:
subsidy for special borrowing will be capitalized before the purchased or constructed
assets are ready for use, if the concerned amount is small, enters it into current p&l.
capitalization of interest of special borrowings, amortization of overate or discount
86
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shanghai erfangji co 。，ltd
price and difference of currency exchange will be initiated only when capital
expenditure has materialized, borrowing expenses have been materialized and
purchasing or construction activities of the assets have started.
capitalization will be stopped when abnormal suspension of assets purchasing or
construction projects that goes on continuously for 3 months or above. when
purchased or constructed assets are ready for use, capitalization will also be stopped.
when part of a assets purchasing or construction project is completed and ready for
use, relevant capitalization will be stopped.
common borrowing expenses and special borrowing expenses that do not conform to
rules of capitalization will be stated as current p&l.
(2) capitalization period
capitalization amount will be recognized each quarter.
(3) recognition of capitalization amount of borrowing expenses for special
borrowings.
interest capitalization amount per fiscal period = weighted average of total fixed
assets purchased and constructed till end of the period
×
weighted interest rate of
borrowings
subsidy that is allowed to capitalize and difference of currency exchange will be
capitalized directly as actual.
15. revenue recognition
(1) sales of goods: revenue is recognized when the company has transferred to the
buyer the significant risks and rewards of ownership of the goods, retains neither
continuing managerial involvement to the degree usually associated with ownership
nor effective control over the goods sold; the economic benefits associated with the
transaction have been received or the evidence on cash receipt have been obtained and
the costs incurred or to be incurred in respect of the transaction can be measured
reliably.
(2) rendering of service: revenue is recognized based on the percentage of
completion method. if the services provided are completed within one fiscal year, the
revenue would be recognized upon completion of the service when cash or the
evidence on cash receipt has been obtained.
(3) operating lease: if related profit can flow in and amount of it can be reliably
measured, it’s recognized as revenue in accordance with relevant contract or
agreement.
16. accounting treatment of corporate income tax: tax effect accounting method is
adopted.
17. confirming principal of consolidated scope of consolidated accounting statement
and preparation method for consolidated accounting statements
(1) consolidated accounting statements are prepared based on individual accounting
statements and other information of the parent company and subsidiaries listed in the
consolidated scope according to provisional regulations on consolidated accounting
statements and relevant documents. however, those subsidiaries with relatively small
scale in special industries, in compliance with regulations in the document called
reply on instruction of consolidated scope in the consolidated accounting
statements promulgated by ministry of finance with ckez (1996) no. 2 document,
are not consolidated. when consolidation, internal equity investment and owners’
equity of subsidiaries, internal investment earnings and profit distribution of
subsidiaries, internal transactions and internal credits and liabilities counteracted.
besides, consolidated surplus reserve is adjusted. the consolidated accounting
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上海二纺机股份有限公司
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shanghai erfangji co 。，ltd
statements of associated enterprises listed in the consolidated scope are prepared
based on proportional consolidation method.
(2) accounting policies and treatment methods of parent company and subsidiaries of
the company have no significant variance.
18. major changes of accounting policy and accounting estimate, and adjustment of
accounting errors
(1) change of accounting policy
naught
(2) change of accounting estimate
naught
(3) adjustment of accounting errors
naught
(iii) taxation
1. major type of tax and tax rate
type of tax basis of taxation tax rate (%)
vat 17% 17%
business tax 5% 5%
city construction tax 1%-7% 7%
enterprise income tax 15%~33% 15%
(iv) subsidiaries of which the company holding shares dominantly and associated
companies
all subsidiaries controlled by the company and its consoliated scope:
unit: rmb
name of companies place of
registration
legal
representa
tive
registered
investment
(rmb)
business scope
amount of
inv
(rmb)
proportion of shares
held by the
company (%) merged
or not
direct indirect
shanghai liangji
industry co., ltd. shanghai mei
jianzhong 12,418,000.00 intl. and domestic
trading 11,176,200.00 90.00 yes
shanghai liangji
plastic products co.,
ltd.
shanghai liu yan 3,180,000.00
production and
marketing of plastic
products for textile
industry
3,180,000.00 100.00 yes
shanghai liangji
machinery co., ltd. shanghai hou
jinyuan 1,500,000.00
production and sale
of spinning
machinery
1,350,000.00 90.00 yes
hainan investment
development co.,
ltd.
hainan mei
jianzhong 3,000,000.00
industry investment
and property
management
2,100,000.00 70.00 no
shanghai pu’en’yi
i&e co., ltd. shanghai li
peizhong 30,000,000.00
i&e of self-produced
products and
associated products,
and relevant
technology
27,000,000.00 90.00 yes
shanghai liangfang
textile machinery
special parts co.,
ltd.
shanghai li
peizhong 22,000,000.00
production and
marketing of spindle
roller, steel collar and
other parts of textile
machinery
18,700,000.00 85.00 yes
shanghai yijie
information
technology co., ltd.
shanghai cui ling 2,000,000.00
hardware and
software of
computers, system
integration and other
special services
1,675,000.00 83.75 no
shandong liangji shandong shi 2,000,000.00 sales of textile 500,000.00 25.00 no
88
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
textile machinery
co., ltd.
chengyu machinery
shanghai liangzhou
material trade co.,
ltd.
shanghai cheng
kebiao 2,180,000.00 sales of component
of textile machinery 218,000.00 10.00 no
1. there existed no increasing controlling subsidiary and joint venture enterprises due
to selling and transferring into share equity in the report period.
2. the company didn’t sell subsidiary in the report period.
3. there existed no company consolidated according to proportion consolidated
method.
4. the company’s consolidated scope remained unchanged compared with the same
period of last year.
5. explanation on reasons of un-listing into consolidated statement for subsidiaries
holding shares proportion over 50%:
hainan liangji investment development co., ltd. has stopped since 2003, and would
close in 2006.
proportion of total assets, sales income and current period net profit of shanghai yijie
information technology co., ltd. to total assets, sales income and net profit of parent
company all below 10%.
(iv) notes for the consolidated sheets
1. currency capital
unit: rmb
items
amount at period-end amount at period-begin
amount of
foreign
currency
exchange
rate
amount of
rmb
amount of
foreign
currency
exchange
rate
amount of
rmb
cash / / / /
rmb / / 355,987.83 / / 248,899.95
credit / / / /
rmb / / 116,846,083.31 / / 143,032,627.45
usd 91,946.53 7.9956 735,167.68 176,198.03 8.0702 1,421,953.34
yen 98,972.00 0.069467 6,875.29 98,972.00 0.068716 6,800.96
eur 11,841.13 10.1313 119,966.04 354,620.07 9.5797 3,397,153.88
other
currency
capital
/ / / /
rmb / / 473,221.29 / / 3,267,284.20
total / / 118,537,301.44 / / 151,374,719.78
2. notes receivable
(1) classification of notes receivable
unit: rmb
description: amount at period-end amount at period-begin
bank acceptance draft 7,873,240.20 124,272,192.72
trade acceptance bill 9,345,823.21
total 7,873,240.20 133,618,015.93
3. accounts receivables
(1) account history of receivable
unit: rmb
account
history amount at period-end amount at period-begin
book balance provision for bad debt book balance book balance
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上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
amount rate amount rate
<1 year 132,273,266.34 78.99 5,533,940.59 119,036,873.65 76.66 5,951,843.68
1-2 years 12,721,029.75 7.60 1,611,062.80 13,685,472.18 8.81 1,368,547.22
2-3 years 267,380.95 0.16 108,335.72 349,104.21 0.22 69,820.84
>3 years 22,185,747.40 13.25 16,354,747.56 22,219,460.92 14.31 16,214,457.23
total 167,447,424.44 100 23,608,086.67 155,290,910.96 100 23,604,668.97
(2) change of reserve for bad debt of accounts receivables
unit: rmb
items balance at
period-begin
increase in this
period
balance at
period-end
reserve for bad debt of accounts
receivables 23,604,668.97 3,417.70 23,608,086.67
(3) particulars about the top five debts of account receivables
unit: rmb
amount at period-end amount at period-begin
amount proportion % amount proportion %
total and
proportion of the
top five debt units
80,404,542.56 48.02 56,328,537.48 36.27
（4）
main units of account receivables
unit: rmb
name of companies
relationship
with the
company
amount in
arrear
time
in
arrear
reason in
arrear
proportion of
withdrawing
bad debt
reserve
reason of
withdrawing
bad debt
reserve
shanghai pacific
complete-set textile
machineryco.,ltd
client 24,270,046.24 within
1 year
installment
collection as
per contract
5%
based on
accounting
system for
busines
enterprise
binzhou pacific
machinery equipment
co., ltd.
client 16,988,506.50 within
1 year
installment
collection as
per contract
5%
based on
accounting
system for
busines
enterprise
zhejiang kangxin
chemical fiber
equipment co., ltd
client 15,160,000.00 within
1 year
installment
collection as
per contract
5%
based on
accounting
system for
busines
enterprise
weiqiao textile co.,
ltd. client 12,960,000.00 within
1 year
installment
collection as
per contract
5%
based on
accounting
system for
busines
enterprise
shangdong jinan
zhenghao chemical
fiber equipment co.,
ltd
client 11,025,989.82 within
2 year
installment
collection as
per contract
5%
based on
accounting
system for
busines
enterprise
total / 80,404,542.56 / / / /
(5) no arrearages of shareholder holding over 5% (including 5%) with voting right
shares of the company in account receivable in the report period.
4. other receivables
(1) account history of other receivable
90
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
unit: rmb
account
history
amount at period-end amount at period-begin
book balance provision for bad book balance provision for bad
debt amount rate debt amount rate
<1 year 12,772,139.00 71.38 172,352.12 3,447,042.43 34.17 172,352.12
1-2 years 3,987,652.18 22.29 547,619.40 5,476,194.03 54.29 547,619.40
2-3 years 43,258.19 0.24 12,050.19 60,250.96 0.60 12,050.19
>3 years 1,089,800.00 6.09 1,001,625.54 1,103,251.08 10.94 1,001,625.54
total 17,892,849.37 100.00 1,733,647.25 10,086,738.50 100.00 1,733,647.25
(2) particulars about changes in reserve for bad debts of other account receivables
unit: rmb
balance at
item
balance at period-end
period-begin
provision for bad debt of accounts
1,733,647.25
1,733,647.25
receivables
（3）
particulars about the top five arrearages of other account receivable
unit: rmb
amount at period-end amount at period-begin
amount proportion % amount proportion %
total and
proportion of the
top five debt units
11,847,112.86 66.21 7,418,299.97 73.55
（4）
major units of other account receivables
unit: rmb
name of
companies
relationship
with the
company
amount in
arrear
time
in
arrear
reason
in
arrear
amount of
withdrawing
bad debt
reserve
proportion of
withdrawing
bad debt
reserve
reason of
withdrawing
bad debt
reserve
shanghai
pacific textile
machinery
complete-set
equipment
co., ltd.
subsidiary of
controlling
company
7,000,000.00 with 1
year
current
payment 5
based on
accounting
system for
busines
enterprise
shanghai
liangji metal
products co.,
ltd.
supplier 2,341,964.58 with 1
year undue 117,098.23 5
based on
accounting
system for
busines
enterprise
pacific
mechatronic
(group) co.,
ltd.
controlling
company 1,212,556.10 with 1
year
current
payment 55,253.89 5
based on
accounting
system for
busines
enterprise
liangji hainan
investment
consultation
co., ltd.
subsidiary
non-consolidated
scope
695,623.18 with 1
year
current
payment
based on
accounting
system for
busines
enterprise
shanghai
erfangji
secondary
school run
workshop 596,969.00 with 1
year
current
payment 5
based on
accounting
system for
91
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
technical
school
busines
enterprise
total / 11,847,112.86 / / 172,352.12 / /
no arrearages of shareholder holding over 5% (including 5%) with voting right shares
of the company in account receivable in the report period.
other receivable has increased by 77.39% at at the end of report period compared
with the beginning of period, which was mainly because that shanghai liangji metal
products co., ltd. collected the payment according to the normal the agreement.
5. prepayments
(1) aging of accounts prepaid
unit: rmb
account history
amount at period-end amount at period-begin
amount proportion % amount proportion %
<1 year 29,681,151.44 100.00 10,879,256.22 100.00
total 29,681,151.44 100.00 10,879,256.22 100.00
(2) particulars about the top five arrearages of account payables
unit: rmb
amount at period-end amount at period-begin
amount proportion % amount proportion %
otal and proportion
of the top five
arrears units
12,393,970.77 41.76 6,132,895.27 56.37
(3) major units of account prepay
unit: rmb
name of companies relationship with
the company
amount in
arrear
time in
arrear
reason in
arrear
shanghai pacific textile machinery
complete-set equipment co., ltd.
subsidiary of
controlling company 6,200,000.00 within 1
year
payment according
to agreement
shagnhai qianji machinery co.,
ltd. supplier 3,572,689.82 within 1
year
payment according
to agreement
changzhou tonghe textile
machinery plant supplier 1,205,312.25 within 1
year
payment according
to agreement
total / 10,978,002.07 / /
(4) no arrearage of shareholders holding over 5% (incl.) with voting shares of the
company among the prepayments in this report period.
6. inventory
(1) classification of inventory
unit: rmb
items
amount at period-end amount at period-begin
book
balance
provision for
depreciation book value book
balance
provision for
depreciation book value
raw
materials 45356882.91 29126997.21 16229885.70 67,954,250.47 29,126,997.21 38,827,253.26
inventory
commodities 215010110.60 17596942.86 197413167.74 259,310,696.66 17,596,942.86 241,713,753.80
products on
production
line
112099329.33 2100992.03 109998337.30 100,363,325.58 2,100,992.03 98,262,333.55
packing
materials 57482.93 57482.93 19,262.56 19,262.56
92
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
low-cost
consumer
products
2477838.13 2477838.13 2,556,078.49 2,556,078.49
material on
road 14521319.74 14521319.74 6,875,995.68 6,875,995.68
processing
entrusted 680286.44 680286.44 287,294.07 287,294.07
difference
of material
cost
-7372678.21 -7372678.21 -7,064,974.19 -7,064,974.19
total 382830571.87 48824932.10 334,005,639.77 430,301,929.32 48,824,932.10 381,476,997.22
7. expenses to be amortized
unit: rmb
type amount at
period-begin
increase in the
period
diluted in the
period
amount at
period-end
reason of balance at
period-end
rent 501,208.75 90,483.48 410,725.27 with amortization
period
total 501,208.75 90,483.48 410,725.27 /
8. long-term investment
(1) classification of long-term investment
unit: rmb
items amount at
period-begin
increase in the
period
decrease in
the period
amount at
period-end
stock investment 27,456,567.12 27,456,567.12
investment for subsidiary 8,265,428.19 42,288.06 8,223,140.13
investment for joint venture
company 0.00 0.00
investment for affiliated
company 2,687,343.93 103,887.75 2,791,231.68
other equity investment 437,122.29 437,122.29
consolidated price difference -385,342.16 -385,342.16
total 38,461,119.37 103,887.75 42,288.06 38,522,719.06
less: reserve for devaluation
of long-term equity investment 2,195,138.72 2,195,138.72
total net amount of long-term
equity investment 36,265,980.65 / / 36,327,580.34
(2) long-term stock investment
unit: rmb
name of
investee stock type number of
shares
initial cost of
investment
book
balance
depreciation
provision
net book
amount
st fenghua state-owned
share 388,800.00 1,266,000.00 1,266,000.00 1,266,000.00
china
unicom
state-owned
share 525,096.00 1,107,360.00 1,107,360.00 1,107,360.00
g jiabao state-owned
share 836,784.00 2,390,168.32 2,390,168.32 2,390,168.32
aijian stock state-owned
share 2,083,388.00 7,584,000.00 7,584,000.00 167,138.72 7,416,861.28
g
hongsheng
state-owned
share 184,800.00 306,000.00 306,000.00 306,000.00
g nanyang state-owned
share 74,052.00 170,400.00 170,400.00 170,400.00
g shenda state-owned
share 325,248.00 495,440.00 495,440.00 495,440.00
93
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
g shenneng state-owned
share 450,000.00 840,000.00 840,000.00 840,000.00
shuixian a state-owned
share 880,000.00 3,040,000.00 3,040,000.00 2,028,000.00 1,012,000.00
new world state-owned
share 471,830.00 440,988.80 440,988.80 440,988.80
yuyuan
commercial
city
state-owned
share 594,594.00 1,911,210.00 1,911,210.00 1,911,210.00
tongda
chuangye
state-owned
share 535,500.00 1,605,000.00 1,605,000.00 1,605,000.00
haitong
securities
state-owned
share 7,943,760.00 6,120,000.00 6,120,000.00 6,120,000.00
hainan
xing’an
state-owned
share 337,500.00 30,000.00 30,000.00 30,000.00
beijing
jiufeng
state-owned
share 500,000.00 150,000.00 150,000.00 150,000.00
total / 16,131,352.00 27,456,567.12 27,456,567.12 2,195,138.72 25,261,428.40
(3) other equity investment
1) particulars about investment for subsidiary, affiliated company and joint venture
unit: rmb
name of
investee
relationship
with parent
company
proportion of
registered
capitals in the
invested
companies
(%)
term of
investment
balance at
period-begin
increase/decrease
in the period
dividend
distributed
in case
balance at
period-end
accounting
method
shanghai
yijie
information
technology
co., ltd.
investment
for
subsidiary
83.75 2001-04
～
2021-3
1,807,946.60 24,908.15 67,196.21 1,765,658.54 equity
method
linhai
lingfang
textile
machinery
special
parts co.,
ltd. (note
2)
investment
for
subsidiary
83
～
6,457,481.59 6,457,481.59 equity
method
erfangji
chemical
fibre
equipment
co., ltd.
investment
for joint
venture
enterprise
20 2002-05
～
2017-5
98,600.82 -98,600.82 0 equity
method
pacific
textile
machinery
equipment
co., ltd.
investment
for joint
venture
enterprise
20 2002-07
～
2022-7
1,988,301.67 203,050.70 2,191,352.37 equity
method
shandong
lingji
textile
machinery
co., ltd.
investment
for joint
venture
enterprise
25 without
day 600,441.44 -562.13 599,879.31 equity
method
2) other equity investment
name of investee balance at
period-begin
balance at
period-end
accounting
method
shanghai liangzhou material trade co.,
ltd. 366,122.29 366,122.29 cost method
94
shanghai bank 71,000.00 71,000.00 cost method
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
(4) balance of equity investment
unit: rmb
name of investee amount at
period-begin
balance at
period-begin
balance at
period-end reasons
the
amortizable
term
shanghai liangfang
textile machinery
special parts co.,
ltd.
-690,712.16 -1,381,424.36 -690,712.16
produce at
time of
investment
ten years
shanghai p & e
import & export
co., ltd.
305,370.00 610,740.00 305,370.00
equity
transfer
produce
ten years
total -385,342.16 -770,684.36 -385,342.16 / /
(5) consolidated price deference
unit: rmb
name of investee balance at
period-begin
amount at
period-begin
balance at
period-end reasons
the
amortizable
term
shanghai liangfang
textile machinery
special parts co.,
ltd.
-1,381,424.36 -690,712.16 -690,712.16
produce at
time of
investment
ten years
shanghai p & e
import & export
co., ltd.
610,740.00 305,370.00 305,370.00
equity
transfer
produce
ten years
total -770,684.36 -385,342.16 -385,342.16 / /
9. fixed assets
unit: rmb
items amount in the
period-begin
increase
in the period
decrease
in the period
amount in the
period-end
1. total original value: 1,039,027,090.45 5,452,558.76 8,499,569.34 1,035,980,079.87
including: house and
building 467,594,483.43 343,748.07 831,595.14 467,106,636.36
machinery equipment 571,432,607.02 5,108,810.69 7,667,974.20 568,873,443.51
2. total depreciation
accumulated 475,332,210.79 18,834,881.73 5,213,218.97 488,953,873.55
including: house and
building 117,489,510.96 5,065,436.63 777,837.80 121,777,109.79
machinery equipment 357,842,699.83 13,769,445.10 4,435,381.17 367,176,763.76
3. total net value of
fix assets 563,694,879.66 -13,382,322.97 3,286,350.37 547,026,206.32
including: house and
building 350,104,972.47 -4,721,688.56 53,757.34 345,329,526.57
machinery equipment 213,589,907.19 -8,660,634.41 3,232,593.03 201,696,679.75
4. total provision for
depreciation 93,982,763.37 93,982,763.37
including: house and
building 21,519,736.04 21,519,736.04
machinery equipment 72,463,027.33 72,463,027.33
5. total net amount of
fix assets 469,712,116.29 -13,382,322.97 3,286,350.37 453,043,442.95
including: house and
building 328,585,236.43 -4,721,688.56 53,757.34 323,809,790.53
95
machinery equipment 141,126,879.86 -8,660,634.41 3,232,593.03 129,233,652.42
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
10. construction in progress:
unit: rmb
item
amount in the period-end amount in the period-begin
book
balance
provision
for
depreciation
net book
amount
book
balance
provision
for
depreciation
net book
amount
construction
in progress 6,988,048.70 6,988,048.70 5,917,191.66 5,917,191.66
(1) changes in fixed assets:
unit: rmb
name of
items
amount in the
period-begin
increase
in the
period
transferring
to fix assets
construction
in progress
source
of
capital
amount in the
period-end
facility
maintenance 5,917,191.66 7,588,715.13 6,517,858.09 ongoing
raising
by
oneself
6,988,048.70
total 5,917,191.66 7,588,715.13 6,517,858.09 / / 6,988,048.70
11. short-term loan：
(1) short-term loan classification
unit: rmb
items amount in the period-end amount in the period-begin
loan by guarantee 177,228,124.98 186,946,000.00
loan by credit 88,735,385.47
total 177,228,124.98 275,681,385.47
12. accounts payable:
(1) accounts payable age
unit: rmb
aging
amount in the period-end amount in the period-begin
amount proportion amount proportion
<1 year 172,260,343.39 78.59 216,700,587.13 77.49
1-2 years 18,720,900.78 8.54 25,139,874.65 8.99
2-3 years 17,158,192.86 7.83 23,485,126.49 8.40
>3 years 11,049,191.80 5.04 14,328,647.26 5.12
total 219,188,628.83 100.00 279,654,235.53 100.00
no a larger sum of accounts receivable over three years during the report period.
accounts payable in the period end was rmb60.4656 million less than in the period
beginning because the company shortened the liquidation term in customers.
(2) units owing accounts payable
unit: rmb
name of companies relationship with
the company
amount in
arrear
time in
arrear reason
wujiang liangji machine
manufacturing co., ltd. supplier 15,480,582.37 within 1
year
goods unchecked
and unaccepted
fengchi textile industry and
trade co., ltd supplier 2,994,233.79 within 1
year
goods unchecked
and unaccepted
shanghai yueyue metal
products supplier 3,021,529.62 within 1
year
goods unchecked
and unaccepted
total / 21,496,345.78 / /
no arrearage of shareholder holding over 5% (including 5%) with voting right of the
96
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
company in accounts payable during the report period.
13. accounts received in advance
(1) aging of accounts received in advance
unit: rmb
aging
amount in the period-end amount in the period-begin
amount proportion amount proportion
<1 year 63,344,420.80 100.00 79,601,446.80 99.58
1-2 years 332,076.94 0.42
total 63,344,420.80 100.00 79,933,523.74 100.00
(2) units owing accounts received in advance
unit: rmb
name of companies relationship with
the company
amount in
arrear
time in
arrear reason in arrear
beijing beimao textile
group co. customer 3,500,000.00 within 1
year
received money but
undelivered goods
binzhou taifeng
cotton textile co. customer 1,450,000.00 within 1
year
received money but
undelivered goods
xinxiang jinxing
textile co., ltd. customer 1,015,000.00 within 1
year
received money but
undelivered goods
anhui textile
machinery co., ltd. customer 880,000.00 within 1
year
received money but
undelivered goods
anqing susong huyi
worsted co., ltd. customer 800,000.00 within 1
year
received money but
undelivered goods
total / 7,645,000.00 / /
14. welfare expense payable：
unit: rmb
items amount in the period-end amount in the period-begin reason
drawing amount 1,684,308.38 1,268,447.25 not used up
total 1,684,308.38 1,268,447.25 /
15. dividend payable
unit: rmb
items amount in the period-end amount in the period-begin
profit distribution 48,982.25 28.84
total 48,982.25 28.84
dividend payable was the unpaid dividend by shanghai liangji industrial co., ltd. in
2005.
16. tax payable：
unit: rmb
items amount in the period-end amount in the period-begin charging rate
vat 5,098,214.06 -1,187,774.72 17%
sales tax 851,643.79 45,966.92 5%
income tax 874,051.50 2,073,600.63 15%~33%
personal income tax 9,126.57 200,853.81
city construction tax 598,172.06 1%-7%
other 8,089.83
97
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
total 6,833,035.92 1,738,908.53 /
tax payable has increased as at the period-end over the period-begin, which was
because that the vat payable of parent company rose at the period-begin. in the
report period, there was no tax payable overdur the legal ratepaying term.
17. other accounts payable：
unit: rmb
items amount in the period-end amount in the period-begin tax rate
educational surtax 808,452.64 881,095.50 3%
river management tax 59,408.73 85,571.03 1%
total 867,861.37 966,666.53 /
18. other accounts payable：
(1) aging of other accounts payable
unit: rmb
aging
amount in the period-end amount in the period-begin
amount proportion amount proportion
<1 year 34,592,285.02 92.80 38,992,847.22 90.81
1-2 years 782,874.16 2.10 1,335,693.20 3.11
2-3 years 29,384.15 0.08 48,124.39 0.11
>3 years 1,872,671.81 5.02 2,562,148.63 5.97
total 37,277,215.14 100.00 42,938,813.44 100.00
other payables as at period-end has decreased by rmb 5,661,598.30 compared with
the period-begin, which was because that the company conducted the discharge in the
report period.
19. expense drawn in advance：
unit: rmb
items amount in the period-end amount in the period-begin reason of balance
interest expenditure 1,476,457.84 1,285,249.52 unpaid
legal expense 385,909.64
others 791,898.22
total 1,476,457.84 2,463,057.38 /
20. long-term loans
(1) classification of long-term loans
unit: rmb
items amount in the period-end amount in the period-begin
loan by credit 4,082,730.79 4,082,730.79
total 4,082,730.79 4,082,730.79
the financial status of liangji machinery, a subsidiary of the company, was bad and
did not repay overdue.
21. minority interests
the minority interest was rmb 8,471,209.62 during the repor period.
22. share capital
statement of change in shares
rmb: share
before the change increase/decrease in this period（＋，－
）
before the change
number of
shares
proportion
(%)
issuance
of new
shares
bonus
shares
capitalization
of public
reserve
other subtotal number of
shares
proportion
(%)
i. shares subject to moratorium
98
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
1. shares
held by the
state
262,342,310 46.31%
-24,913,658
-24,913,658 237,428,652 41.92%
2. shares
held by
state-owned
legal persons
262,342,310 46.31% -24,913,658 -24,913,658 237,428,652 41.92%
3. shares
held by other
domestic
investors
among
which:
shares held
by domestic
legal persons
shares held
by domestic
natural
persons
4. shares
held by
foreign
investors
232,925,000 41.12% 232,925,000 41.12%
among
which:
shares held
by overseas
legal persons
shares held
by overseas
natural
persons
232,925,000 41.12% 232,925,000 41.12%
total shares
subject to
moratorium
ii. shares not subject to moratorium
1. rmb
ordinary
shares
71,181,880 12.57% 24,913,658 96,095,538 16.96%
2.
domestically
listed foreign
shares
3. overseas
listed foreign
shares
4. others
total shares
not subject
to
moratorium
iii. total
shares 566,449,190 100.00% 0 566,449,190 100%
in accordance with the replaying of ministry of commerce on agreeing the share
merger reform of shanghai erfangji co., ltd. with szp [2006] no. 560 document,
the ministry of commerce agreed that the company agreed pacific mechatronic
(group) co., ltd., a nontradable shareholder, to transfer 24,913,658 shares to
shareholders of tradable a-share according to the share merger reform plan passed
in the shareholders’ general meeting on jan. 23, 2006. the shareholders of tradable
a-share could obtain 3.5 shares of a-share for every 10 shares. thus, the company’s
structure of share capital has occurred the above change.
99
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
23. capital reserve
unit: rmb
items amount in the
period-begin
increase in the
period
decrease in the
period
amount in the
period-end
premium on capital stock 29,411,508.88 29,411,508.88
received non-cash
donation ofr fixed asset
reserve
218,201.00 218,201.00
reserve for stock
investment 3,942,635.13 3,942,635.13
other capital reserve 35,810,083.37 125,169.71 35,810,083.37
total 69,412,428.38 125,169.71 69,537,598.09
24. undistributed profit：
unit: rmb
items amount in the period
net profit 2,263,356.88
add: ndistributed profit in the year beginning 17,135,792.19
other transfer-in
less：withdrawing of statutory surplus public funds
withdrawing statutory surplus public welfare funds
undistributed profit 19,399,149.07
25. unrecognized investment loss：
unit: rmb
item amount in the period amount in the period-begin
unrecognized investment loss 709,508.87 863,265.45
26. income & cost of core business：
(1) core business classified by product
unit: rmb
name of industries
amount in the period-end amount in the same period of last
year
operating
income operating cost operating income operating cost
flyer-frame products 523,588,768.28 485,629,819.50 452,612,955.10 398,057,155.12
others 1,362,176.17 358,394.16 1,121,753.06 150,546.54
including related
transactions 25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
total 524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
internal offset 128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
total 396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
(2) core business classified by product
unit: rmb
name of products
amount in the period amount in the same period of last
year
operating
income operating cost operating income operating cost
flyer-frame products 523,588,768.28 485,629,819.50 452,612,955.10 398,057,155.12
others 1,362,176.17 358,394.16 1,121,753.06 150,546.54
including related
transactions 25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
total 524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
internal offset 128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
100
total 396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
(3) core business classified by region
unit: rmb
name of region
amount in the period amount in the same period of last
year
operating
income operating cost operating income operating cost
domestic 427,942,453.44 393,525,135.11 351,433,106.07 301,606,529.98
overseas 97,008,491.01 92,463,078.55 102,301,602.09 96,601,171.68
including related
transactions 25,857,546.01 24,019,970.67 61,938,533.96 52,506,105.18
total 524,950,944.45 485,988,213.66 453,734,708.16 398,207,701.66
internal offset 128,054,395.80 128,054,395.80 94,149,686.46 94,149,686.46
total 396,896,548.65 357,933,817.86 359,585,021.70 304,058,015.20
27. tax and extra of main operations
unit: rmb
items amount in the period amount in the same
period of last year charging rate
business tax 57,362.04 56,087.68 5%
city construction tax 1,220,388.58 1,081,848.24 1%-7%
educational surtax 524,498.71 465,091.52 3%
total 1,802,249.33 1,603,027.44 /
28. other business profit
unit: rmb
item
amount in the period amount in the same period of last year
income cost profit income cost profit
sales of material 6,097,571.14 5,312,044.58 785,526.56 22,409,591.17 24,386,386.81 -1,976,795.64
rental turnover 7,564,803.19 3,735,040.19 3,829,763.00 6,642,179.70 3,243,538.71 3,398,640.99
others 8,783,090.38 8,884,377.19 -101,286.81 2,287,427.57 2,440,191.60 -152,764.03
total 22,445,464.71 17,931,461.96 4,514,002.75 31,339,198.44 30,070,117.12 1,269,081.32
29. financial expense
unit: rmb
items amount in the
period
amount in the same period of last
year
interest expense 4,554,825.58 5,043,785.50
less: interest income 471,747.02 449,534.60
loss from exchanging currency 353,436.74 485,975.95
less：gain from exchanging currency 310,048.05 558,899.98
others 125,472.14 41,208.69
total 4,251,939.39 4,562,535.56
30. investment income
unit: rmb
items amount in the
period
amount in the same period of last
year
long-term equity investment 220,949.01 1,428,323.42
including: income confirmed as per
equity method 149,597.73 1,153,740.14
profit distributed of investees calculated
as per cost method 71,351.28 274,583.28
total 220,949.01 1,428,323.42
31. non-operating income：
101
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
unit: rmb
items amount in the period amount in the same period
of last year
income from liquidating fixed assets 1,673,406.44
income from selling plot of wuyi road 14,805,462.40
drawback 452,900.00
other 1,951,893.65 85,788.60
total 16,757,356.05 2,212,095.04
32. non-operating expenditure：
unit: rmb
items amount in the period amount in the same period
of last year
loss from liquidating fixed assets 343,359.28 697,238.97
tax allotted of selling plot of wuyi road 814,300.43
other 162,330.28 87,504.61
total 1,319,989.99 784,743.58
33. income tax
unit: rmb
items amount in the period amount in the same period of
last year
income tax in advance 425,929.54 620,122.57
total 425,929.54 620,122.57
34. other cash received related with operating activities
unit: rmb
items amount
income from lease and maintenance 7,480,793.90
returing current payment and other 28,023,489.87
total 35,504,283.77
35. other cash paid related with operating activities
unit: rmb
items amount
correspondence, utilities expense 6,386,853.21
travel expense 1,045,670.36
entertainment expenses 894,785.58
compensation for settlement paid to employees 2,090,230.00
current payment and other 54,221,153.46
total 64,638,692.61
(v) notes to accounting statement of parent company
1. accounts receivable
accounts receivable age
unit: rmb
aging
amount at period-end amount at period-begin
book balance net book book balance net book
amountamount proportion
(%)
amount amount proportion
(%)
<1 year 122,411,627.41 78.66 5,664,783.59 113,227,317.75 77.32 5,661,365.89
1-2 years 11,198,372.01 7.20 1,119,837.20 11,198,372.01 7.65 1,119,837.20
2-3 years 132,768.00 0.09 26,553.60 132,768.00 0.09 26,553.60
>3 years 21,886,716.69 14.05 16,048,085.11 21,886,716.69 14.94 16,048,085.11
102
上海二纺机股份有限公司 2006 年度半年报
shanghai erfangji co 。，ltdtotal 155,629,484.11 100.00 22,859,259.50 146,445,174.45 100.00 22,855,841.80
(2) change in bad debt reserve for accounts receivable
unit: rmb
items balance at
period-begin
increase in the
period
balance at
period-end
bad debt
receivable
reserve for accounts 22,855,841.80 3,417.70 22,859,259.50
(3) top 5 accounts receivable
unit: rmb
amount at period-end amount at period-begin
amount proportion (%) amount proportion (%)
total amount &
proportion 79,201,466.56 50.89 112,360,567.00 76.73
(4) major units owing accounts receivable
unit: rmb
name of company
relationship
with the
company
amount in
arrear
time
in
arrear
reason in
arrear
proportion to
bad debt
reserve (%)
reason for bad
debt reserve
shanghai pacific
complete-set textile
machineryco.,ltd
customer 23,066,970.24 within
1 year
installment
payment by
contract
5
pursuant to
accounting
system for
business
enterprise
pursuant to
binzhou pacific
machinery equipment
co., ltd.
customer 16,988,506.50 within
1 year
installment
payment by
contract
5
accounting
system for
business
enterprise
zhejiang kangxin
chemical fiber
equipment co., ltd
customer 15,160,000.00 within
1 year
installment
payment by
contract
5
pursuant to
accounting
system for
business
enterprise
pursuant to
weiqiao textile co.,
ltd. customer 12,960,000.00 within
1 year
installment
payment by
contract
5
accounting
system for
business
enterprise
shangdong jinan
zhenghao chemical
fiber equipment co.,
ltd
customer 11,025,989.82 within
2 years
installment
payment by
contract
10
pursuant to
accounting
system for
business
enterprise
total / 79,201,466.56 / / / /
(5) no arrearages of shareholders holding 5% (including 5%) of shares with voting
right of the company in accounts receivable during the report period.
2. other receivables
(1) aging of other receivables
unit: rmb
aging
amount at the period-end amount at the period-begin
book balance reserve for bad book balance reserve for bad
debtsamount proportion
%
debts amount proportion
%
within 11,013,157.33 53.81 152,143.39 3,042,867.80 26.69 152,143.39
103
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
1 year
1-2
years 8,354,678.05 40.82 725,611.76 7,256,117.63 63.66 725,611.76
over 3
years 1,099,800.00 5.37 999,900.00 1,099,800.00 9.65 999,900.00
total 20,467,635.38 100.00 1,877,655.15 11,398,785.43 100.00 1,877,655.15
(2) change in reserve for bad debts of other receivables
unit: rmb
items balance at the
period-begin
balance at the
period-end
reserve for bad debts of other receivables 1,877,655.15 1,877,655.15
(3) top 5 debtors owing accounts receivable
unit: rmb
amount at the period-end amount at the period-begin
amount proportion % amount proportion %
total amount &
proportion 11,847,112.86 57.88 8,811,719.46 77.30
(4) other units owing accounts receivable
unit: rmb
name of
companies
relationship with
the company
amount in
arrear
time
in
arrear
reason
in arrear
provision
for bad
debts
proportion
to bad
debt
reserve
(%)
reason for
bad debt
reserve
shanghai
pacific
textile
machinery
complete-set
equipment
co., ltd.
subsidiary of
controlling
company
7,000,000.00 within
1 year
current
payment 350,000 5
pursuant
to
accounting
system for
business
enterprise
shanghai
liangji metal
products co.,
ltd.
supplier 2,341,964.58 within
1 year undue 117,098.23 5
pursuant
to
accounting
system for
business
enterprise
pacific
mechatronic
(group) co.,
ltd.
controlling
company 1,212,556.10 within
1 year
current
payment 60,627.81 5
pursuant
to
accounting
system for
business
enterprise
liangji
hainan
investment
consultation
co., ltd.
subsidiary
non-consolidated
scope
695,623.18 within
1 year
current
payment 34,781.16 5
pursuant
to
accounting
system for
business
enterprise
shanghai
erfangji
secondary
school run
workshop 596,969.00 within
1 year
current
payment 29,848.45 5
pursuant
to
accounting
104
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
technical
school
system for
business
enterprise
total / 11,847,112.86 / / 592,355.65 / /
(5) particulars about arrearages of shareholders holding 5% (including 5%) of shares
with voting right of the company in other receivables during the report period
unit: rmb
name of company
amount as of this period amount at the same period of last
year
amount owed
amount of
bad debts
withdrawn
amount owed amount of bad
debts withdrawn
pacific mechatronic (group) co.,
ltd. 1,212,556.10 60,627.81 685,026.90 34,251.35
total 1,212,556.10 60,627.81 685,026.90 34,251.35
balance of compensation payment of discharge of labor contract of erfangji
undertaken by pacific mechatronic (group) co., ltd., the controlling company, was
rmb 1,212,556.10 in accordance with the normal proceeding.
3 .long-term investment
(1) classification of long-term investment
unit: rmb
item amount at the
period-begin
increase
in this
period
decrease
in this
period
amount at the
period-end
stock investment 27,456,567.12 27,456,567.12
investment in subsidiaries 74,519,683.71 718,618.40 9,869,956.59 65,368,345.52
investment in joint ventures 2,687,343.93 162,002.90 99,162.95 2,750,183.88
other equity investment 366,122.29 366,122.29
balance of equity investment -385,342.16 -385,342.16
total 104,644,374.89 880,621.30 9,969,119.54 95,555,876.65
less: provision for devaluation of
long-term equity investment 2,195,138.72 2,195,138.72
total net amount of long-term equity
investment 102,449,236.17 / / 93,360,737.93
(2) long-term stock investment
unit: rmb
name of
investee stock type number of
shares
initial cost of
investment
book
balance
depreciation
provision
net book
amount
st fenghua legal
person share 388,800.00 1,266,000.00 1,266,000.00 1,266,000.00
china
unicom
legal
person share 525,096.00 1,107,360.00 1,107,360.00 1,107,360.00
g jiabao legal
person share 836,784.00 2,390,168.32 2,390,168.32 2,390,168.32
aijian stock legal
person share 2,083,388.00 7,584,000.00 7,584,000.00 167,138.72 7,416,861.28
g
hongsheng
legal
person share 184,800.00 306,000.00 306,000.00 306,000.00
g nanyang legal
person share 74,052.00 170,400.00 170,400.00 170,400.00
g shenda legal
person share 325,248.00 495,440.00 495,440.00 495,440.00
g shenneng legal
person share 450,000.00 840,000.00 840,000.00 840,000.00
shuixian a legal
person share 880,000.00 3,040,000.00 3,040,000.00 2,028,000.00 1,012,000.00
105
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
new world legal
person share 471,830.00 440,988.80 440,988.80 440,988.80
yuyuan
commercial
city
legal
person share 594,594.00 1,911,210.00 1,911,210.00 1,911,210.00
tongda
chuangye
legal
person share 535,500.00 1,605,000.00 1,605,000.00 1,605,000.00
haitong
securities
legal
person share 7,943,760.00 6,120,000.00 6,120,000.00 6,120,000.00
hainan
xing’an
legal
person share 337,500.00 30,000.00 30,000.00 30,000.00
beijing
jiufeng
legal
person share 500,000.00 150,000.00 150,000.00 150,000.00
total / 16,131,352.00 27,456,567.12 27,456,567.12 2,195,138.72 25,261,428.40
(3) other equity investment
unit: rmb
1) investment in subsidiaries, joint ventures and affiliates
name of
investee
company
relatio
nship
with
parent
compan
y
proportion
to registered
capitals in
the investee
company
(%)
term of
investment
cost of
investment
balance in
the
period-begin
increase/
decrease in this
period
dividends
distribted in
cash
balance in
the
period-end
accounting
method
shanghai
liangji
industrial co.,
ltd.
investment
in
subsi-
diaries
90 1999.01-
2018.12 11,176,200.00 13,040,677.60 507,171.09 881,161.13 12,666,687.56 equity
method
shanghai
liangfang
textile
machinery
special parts
co., ltd.
investment
in
subsi-
diaries
85 2001.05-
2021.5
18,919,458.40 29,780,988.18 -8,916,979.70 20,864,008.48 equity
method
shanghai
puenyi import
& export co.,
ltd.
investment
in
subsi-
diaries
90 1998.11-
2013.11 27,000,000.00 28,495,536.08 186,539.16 28,682,075.24 equity
method
shanghai
liangji
machinery
co., ltd
investment
in
subsi-
diaries
90 1998.12-
2014.12 1,350,000.00 1,009,193.09 -4,619.55 1,004,573.54 equity
method
shanghai yijie
information
technology
co., ltd.
investment
in
subsi-
diaries
83.75 2001.04-
2021.4 1,675,000.00 1,807,946.60 24,908.15 67,196.21 1,765,658.54 equity
method
shanghai
erfangji
chemical
fiber
complete-set
equipment
co., ltd
investment
in
affilia
ted
compa
ny
20 2003.05-
2023.5 100,000.00 98,600.82 -98,600.82 equity
method
pacific textile
machinery
complete-set
equipment
co., ltd.
investment
in
affilia
ted
compa
ny
20 2002.07-
2022.7 1,000,000.00 1,988,301.67 162,002.90 2,150,304.57 equity
method
shandong
liangji textile
machinery
co., ltd
investment
in
affilia
ted
compa
25 without
day 500,000.00 600,441.44 -562.13 599,879.31 equity
method
106
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
ny
2) other equity investment
name of
investees
proportion to
registered capitals in
the investee
company (%)
term of
investment
investment
cost
balance at the
period-begin
balance at
the
period-end
accounting
method
shanghai
liangyu
material trade
co., ltd.
10 2002-09-2021-08 366,122.29 366,122.29 366,122.29 cost method
(4) balance of equity investment
unit: rmb
name of investees
amount at
the
period-begin
initial
balance
balance at
the
period-end
reason
limit of year
of
amortization
shanghai liangfang textile
machinery special parts co., ltd. -690,712.16 -1,381,424.36 -690,712.16 investment 10 years
shanghai puenyi import & export co.,
ltd. 305,370.00 610,740.00 305,370.00 equity
transfer 10 years
total -385,342.16 -770,684.36 -385,342.16 / /
4. no arrearage of shareholders holding 5% (including 5%) of voting right of the
company in advance payments during the report period
5. retained profit
unit: rmb
items amount at the end of period
net profit 2,263,356.88
add: retained profit at the beginning of year 20,292,725.74
other transferred in
less: appropriating statutory surplus reserve
appropriating statutory welfare fund
retained profit 22,556,082.62
6. income from main operations and cost of main operations
(1) main operation classified according to industrial
unit: rmb
industry
amount as of this period amount at the same period of last year
operating income operating cost operating income operating cost
manufacturing of
industry 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
total 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
(2) main operation classified according to products
unit: rmb
product
amount as of this period amount at the same period of last year
operating income operating cost operating income operating cost
textile machine 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
total 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
(3) main operation classified according to area
unit: rmb
region
amount as of this period amount at the same period of last year
operating income operating cost operating income operating cost
domestic 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
107
total 337,916,862.54 314,573,124.91 308,780,682.16 267,738,448.79
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
7. investment income
unit: rmb
item amount as of this period amount at the same period of
last year
long-term equity investment 1,894,657.47 2,150,675.12
including: income confirmed as per
equity method 1,894,657.47 1,876,091.84
profit distributed of investees calculated
as per cost method 274,583.28
total 1,894,657.47 2,150,675.12
(vi) related parties and related transaction
1. basic information of related parties with the controlling relationship
related party registered address main operations
relationship
with the
company
economic natual legal
representative
pacific
mechatronic
(group) co., ltd.
no. 554, kaixuan road textile machine,
mechatronic products
the controlling
shareholder
state-owned
enterprise
(ownership by
the entire/whole
people)
zheng yuanhu
shanghai liangji
industrial co.,
ltd.
no. 179, meisheng
road, waigaoqiao free
trade zone
international and domestic
trading
the controlling
subsidiary
state-owned
controlling
shanghai liangji
plastic products
co., ltd.
no. 715, aomen road production and sales of
textile plastic
the
wholly-owned
subsidiary
state-owned
controlling
shanghai liangji
machinery co.,
ltd
rm. 102, no. 1671,
xizang south road
production and sales of
spinning machine
the controlling
subsidiary
state-owned
controlling
hainan liangji
investment
development
co., ltd.
rm. 1202, block d,
deprex mansion,
guomao north road,
jingmao, haikou
investment of industry and
property management
the controlling
subsidiary
state-owned
controlling
linhai liangfang
textile special
parts co., ltd.
fangjia lane, datian
town, linhai city
production and sale spindle
roller and steel pins and
other components of textile
machine
the controlling
subsidiary
state-owned
controlling
shanghai puenyi
import & export
co., ltd.
rm 2506, liulin
mansion, no. 1,
huaihai rd. m.
operations of
self-manufacturing products
and import and export
business of technology
related with commodities
the controlling
subsidiary
state-owned
controlling
linhai liangfang
textile
machinery
special parts co.,
ltd.
no. 153, hongliu road,
shanghai
production and sale spindle
roller and steel pins and
other components of textile
machine
the controlling
subsidiary
state-owned
controlling
shanghai yijie
information
technology co.,
ltd.
no. 687, changzhong
road
software and hardware of
computer, four-technology
service of system
integration field
the controlling
subsidiary
state-owned
controlling
shanghai
liangzhou
material trade
co., ltd.
no. 687, changzhong
road
sale of component of
textile machine other limited
company
2. registered capital of related parties existing controlling relationship and change:
unit: rmb
related party amount of registered
capital at the
increase/decrease
of registered
amount of registered
capital at the
108
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
period-begin capital period-end
pacific mechatronic (group) co.,
ltd. 100,000.00 100,000.00
shanghai liangji industrial co.,
ltd. 1,241.80 1,241.80
shanghai liangji plastic products
co., ltd. 318.00 318.00
shanghai liangji machinery co.,
ltd 150.00 150.00
hainan liangji investment
development co., ltd. 300.00 300.00
linhai liangfang textile special
parts co., ltd. 590.51 590.51
shanghai puenyi import & export
co., ltd. 3,000.00 3,000.00
linhai liangfang textile machinery
special parts co., ltd. 2,200.00 2,200.00
shanghai yijie information
technology co., ltd. 200.00 200.00
shanghai liangzhou material trade
co., ltd. 218.00 218.00
3. shares held by related parties existing controlling relationship and change
unit: rmb
related party
number of
shares held
by related
parties at the
period-begin
proportion
ofshares held
by related
parties at the
period-begin
(%)
increase/
decrease
of shares
held by
related
parties
proportion
of increase/
decrease of
shares held
by related
parties
number of
shares held
by related
parties at
the
period-end
proportion
ofshares held
by related
parties at the
period-end
(%)
pacific
mechatronic
(group) co.,
ltd.
26,234.23 46.31 -2491.36 -9.50 23,742.86 41.92
shanghai
liangji
industrial co.,
ltd.
1,117.62 90.00 1,117.62 90.00
shanghai
liangji plastic
products co.,
ltd.
286.20 90.00 286.20 90.00
shanghai
liangji
machinery
co., ltd
135.00 90.00 135.00 90.00
hainan
liangji
investment
development
co., ltd.
210.00 70.00 210.00 70.00
linhai
liangfang
textile
special parts
490.51 83.00 490.51 83.00
109
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
co., ltd.
shanghai
puenyi import
& export co.,
ltd.
2,700.00 90.00 2,700.00 90.00
linhai
liangfang
textile
machinery
special parts
co., ltd.
1,870.00 85.00 1,870.00 85.00
shanghai yijie
information
technology
co., ltd.
167.50 83.75 167.50 83.75
shanghai
liangzhou
material
trade co.,
ltd.
21.80 10.00 21.80 10.00
4. related parties without controlling relationship
name of related party relationship with the company
pacific textile machinery complete-set equipment co., ltd. affiliated company
shandong liangji textile machinery co., ltd affiliated company
shanghai xinsiji mechatronic co., ltd controlling subsidiary of parent company
5. related transaction
(1) related transaction concerning purchasing of commodities and receiving labor
service
unit: rmb
related party related
transaction
pricing
rules
amount in the period amount at the same period of
last year
amount
proportion to
the similar
transaction
turnover (%)
amount
proportion to
the similar
transaction
turnover (%)
linhai liangfang
textile special
parts co., ltd.
purchase market
price 5,660,498.70 16.48 0 0
shanghai pacific
textile machinery
complete-set
equipment co.,
ltd.
purchase market
price 2,820,512.82 8.21 0 0
(2) related transactions concerning sale of products and provision of labor service
unit: rmb
related party related
transaction
pricing
rules
amount in the period amount at the same period of
last year
amount
proportion to
the similar
transaction
turnover (%)
amount
proportion to
the similar
transaction
turnover (%)
pacific mechatronic
(group) co., ltd. sale market
price 6,526,923.07 19.01
shandong liangji
textile machinery
co., ltd
sale market
price 6,235,111.11 18.16 10,488,410.26 18.29
110
上海二纺机股份有限公司
shanghai erfangji co 。，ltd2006 年度半年报
shanghai pacific
textile machinery
complete-set
equipment co., ltd.
sale market
price 13,095,511.83
6. accounts receivable & payable of related parties
38.14 46,843,931.39 81.71
unit: rmb
accounts receivable
& payable related party amount at
period-begin
amount at
period-end
accounts receivable pacific mechatronic (group) co., ltd. 7,052,000.00 1,582,000.00
accounts receivable shanghai pacific textile machinery
complete-set equipment co., ltd. 26,485,912.40 24,270,046.24
accounts receivable shanghai xinsiji mechatronic co., ltd 6,752,635.26 6,752,635.26
other receivables pacific mechatronic (group) co., ltd. 0 1,212,556.10
other receivables shanghai yijie information technology
co., ltd. 0 42,740.43
other receivables hainan liangji investment development
co., ltd. 682,316.58 695,623.18
other receivables shanghai pacific textile machinery
complete-set equipment co., ltd. 7,000,000.00
accounts payable shanghai xinsiji mechatronic co., ltd 1,242,000.00 1,142,000.00
accounts pacific mechatronic (group) co., ltd. 7,832,991.00 4,402,391.00
account received in
advance shanghai xinsiji mechatronic co., ltd 0 189,826.05
account received in
advance
shandong liangji textile machinery co.,
ltd 5,504,178.62 1,482,920.00
other payables pacific mechatronic (group) co., ltd. 685,026.90 772,840.73
other payables shanghai erfangji chemical fiber
complete-set equipment co., ltd 388,828.00
advance payment shanghai pacific textile machinery
complete-set equipment co., ltd. 6,200,000.00
(vii) contingent events
naught
(viii) commitments
naught
(ix) subsequent events after the balance sheet day
naught
(x) other significant events
naught
viii. documents available for reference
1. accounting statement of semi-annual report 2006 with sign manuals and seals of
legal representative, chief financial officer and person in charge of financial affairs;
2. all original documents publicly disclosed in shanghai securities news and hong
kong ta kung pao in the report period;
3. the originals of the aforesaid documents are available at the registered address of
the company for the reference by china securities regulatory commission, shanghai
stock exchange or shareholder according to regulations or the articles of association.
4. the articles of association of the company;
5. other relevant documents.
chairman of the board: zheng yuanhu
shanghai erfangji co., ltd.
aug. 19, 2006
111
上海二纺机股份有限公司
2006年度半年报
shanghai erfangji co 。，ltd
announcement of directors and senior management
on interim report 2006
as director sand senior management of the shanghai erfangji co., ltd., we
considered that the interim report 2006 of the company has reflected the company’s
operation and financial statues in truth and veracity. in the mean time, we warrant that
this report does not contain any false or misleading statements or omit any material
facts and all information set forth herein are true, accurate and complete.
declarant signature
zheng yuanhu
li peizhong
cui ling
mei jianzhong
wang chengzong
zhang fubiao
ni di
gao yong
cao huimin
wei baorong
pan ronggao
gong jianping
li bo
aug. 17, 2006
112
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