冰山B(200530):2025年半年度财务报告（英文版）

时间：2025年08月13日 21:40:53 中财网

原标题:冰山B:2025年半年度财务报告（英文版）

BINGSHAN REFRIGERATION & HEAT TRANSFER TECHNOLOGIES CO., LTD. CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2025






(NOT AUDITED)







BALANCE SHEET
Prepared by Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. June 30, 2025 Unit: RMB Yuan

Items	30-June-2025		1-Jan-2025
	Consolidation	Parent Company	Consolidation	Parent Company
Current assets:
Monetary funds	860,428,396.51	189,255,337.81	1,042,143,744.67	256,913,490.58
Financial assets which are measured by fair value and which changes are recorded in current profit and loss
Derivative financial assets
Transaction financial assets
Notes receivable	331,799,220.54	88,744,446.52	352,854,863.48	72,589,334.53
Accounts receivable	1,745,936,350.79	530,603,575.44	1,492,234,348.90	466,964,861.72
Receivables financing	267,919,608.64	8,111,750.52	382,073,283.27	4,679,597.82
Accounts paid in advance	203,921,950.25	82,310,274.39	164,042,640.06	85,421,842.41
Other receivables	53,375,625.74	35,787,831.44	45,759,566.06	128,957,016.22
Interest receivables
Dividend receivable	3,767,645.29	3,767,645.29	11,150.00	100,000,000.00
Inventories	1,245,158,273.82	319,878,811.10	1,393,653,788.81	325,468,330.52
Contract assets	188,053,458.00	88,706,528.24	184,760,940.32	73,359,376.07
Assets held for sale
Non-current asset due within one year	57,550.43		57,550.43
Other current assets	20,545,184.31	865,457.96	27,636,378.46	9,963,685.06
Total current assets	4,917,195,619.03	1,344,264,013.42	5,085,217,104.46	1,424,317,534.93
Non-current assets:
Finance asset held available for sales
Held-to-maturity investment
Long-term account receivable	144,227.06		140,017.84
Long-term equity investment	502,740,106.90	2,931,476,813.83	481,973,415.36	2,906,530,622.51
Other Non-current financial assets	1,683,852.59	368,710.09	1,683,852.59	368,710.09
Investment property	139,837,714.81	79,620,870.71	117,931,720.24	81,939,998.15
Fixed assets	1,201,658,993.95	568,846,809.58	1,211,794,069.63	591,199,135.48
Construction in progress	56,535,562.26	35,385,721.41	86,221,660.80	27,671,778.14
Right of use assets	19,682,311.57	22,974,252.58	23,318,732.46	10,576,907.44
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets	196,708,333.20	64,099,081.10	203,999,076.19	66,109,306.96
Expense on Research and Development
Goodwill	286,402,171.93		286,402,171.93
Long-term expenses to be apportioned	6,313,010.92	2,808,495.21	5,719,603.26	3,315,026.79
Deferred income tax asset	104,469,271.91	33,819,917.51	103,752,827.71	33,187,901.79
Other non-current asset	20,161,234.88		20,161,234.88

Total non-current asset	2,536,336,791.98	3,739,400,672.02	2,543,098,382.89	3,720,899,387.35
Total assets	7,453,532,411.01	5,083,664,685.44	7,628,315,487.35	5,145,216,922.28
Current liabilities:
Short-term loans	150,038,710.69	90,000,000.00	167,283,407.26	120,327,137.01
Financial liabilities which are measured by fair value and which changes are recorded in current profit and loss
Derivative financial liabilities
Transaction financial liabilities
Notes payable	506,074,828.40	113,263,226.56	569,117,426.19	108,226,992.06
Accounts payable	1,748,249,861.06	411,969,358.93	1,601,381,790.80	351,385,116.46
Accounts received in advance
Contract liabilities	477,594,504.16		645,711,808.53	104,206,582.50
Wage payable	63,696,220.62		146,734,696.02	11,354,626.22
Taxes payable	23,808,633.68		30,276,580.76	12,135,282.22
Other accounts payable	262,577,735.03		227,361,207.96	109,923,634.05
Interest payable
Dividend payable	42,693,781.35	42,693,781.35	533,156.00	533,156.00
Liabilities held for sale
Non-current liabilities due within one year	206,381,198.16	182,224,055.42	161,421,072.72	140,940,549.56
Other current liabilities	199,958,362.35	79,781,520.25	191,009,526.67	73,756,610.21
Total current liabilities	3,638,380,054.15	1,119,770,511.70	3,740,297,516.91	1,032,256,530.29
Non-current liabilities:
Long-term loans	422,950,000.00	417,200,000.00	547,346,541.25	541,046,541.25
Bonds payable
Preferred stock
Perpetual bond
Lease liability	13,540,801.22	17,651,265.91	19,071,845.78	8,626,368.06
Long-term account payable	22,165,994.87		12,451,396.59
Long-term wage payable
Special Payable
Anticipation liabilities	2,968,955.79		2,703,369.53
Deferred income	97,930,030.07	61,393,819.39	90,733,480.29	54,972,980.29
Deferred income tax liabilities	24,578,413.20		26,601,881.56
Other non-current liabilities
Total non-current liabilities	584,134,195.15	496,245,085.30	698,908,515.00	604,645,889.60
Total liabilities	4,222,514,249.30	1,616,015,597.00	4,439,206,031.91	1,636,902,419.89
Shareholders’ equity
Share capital	843,212,507.00	843,212,507.00	843,212,507.00	843,212,507.00
Other equity instruments
Preferred stock
Perpetual bond
Capital public reserve	717,097,098.38	755,146,592.54	717,097,098.38	755,146,592.54
Less: Treasury stock

Other comprehensive income	2,208,669.73	755,146,592.54	2,208,669.73	1,246,569.06
Special preparation	1,531,905.35		449,374.96
Surplus public reserve	910,830,538.64	910,830,538.64	895,618,513.69	895,618,513.69
Generic risk reserve
Retained profit	696,134,585.42	957,212,881.20	673,966,177.84	1,013,090,320.10
Total owner’s equity attributable to parent company	3,171,015,304.52		3,132,102,966.64
Minority interests	60,002,857.19		57,006,488.80
Total owner’s equity	3,231,018,161.71	3,467,649,088.44	3,189,109,455.44	3,508,314,502.39
Total liabilities and shareholder’s equity	7,453,532,411.01	5,083,664,685.44	7,628,315,487.35	5,145,216,922.28

Legal Representative: Ji Zhijian Chief Financial Official: Wang Jinxiu Person in Charge of Accounting Organization: Wu Bin




INCOME STATEMENT
Prepared by Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. January-June, 2025 Unit: RMB Yuan

Items	January-June, 2025		January-June, 2024
	Consolidation	Parent Company	Consolidation	Parent Company
I. Total sales	2,401,232,729.35	443,470,670.15	2,463,277,349.70	404,710,898.61
II. Total operating cost	2,329,527,483.72	443,470,670.15	2,397,140,315.69	404,710,898.61
Including: Operating cost	2,009,227,455.97	382,684,101.95	2,057,904,806.74	339,217,302.07
Taxes and associate charges	16,256,395.28	5,477,205.69	16,689,713.29	5,763,490.09
Selling and distribution expenses	106,756,811.87	14,581,396.27	110,159,991.36	19,927,691.26
Administrative expenses	122,649,899.56	39,402,674.11	121,498,382.07	34,913,506.10
R&D expenses	69,166,325.91	9,834,164.03	78,544,862.47	15,423,258.65
Financial expense	5,470,595.13	8,693,536.73	12,342,559.76	13,823,860.36
Including: interest expense	12,476,605.05	8,398,665.12	17,709,510.30	13,883,042.92
interest income	3,358,019.55	292,579.75	5,243,901.48	548,479.34
Add: Other income	8,772,014.23	2,425,847.98	17,755,779.69	1,535,146.86
Gain/(loss) from investment	23,176,138.30	22,713,836.61	22,493,222.27	27,406,700.78
Including: income from investment on affiliated enterprise and jointly enterprise	24,534,336.83	22,713,836.61	17,218,698.46	16,979,803.35
Gain/(loss) from change in fair value (loss as “-“)			-14,510,310.64	-14,510,310.64
Credit impairment loss (loss as “-“)	-9,867,953.80	-2,896,832.18	-16,406,220.89	-5,253,420.94
Assets impairment loss (loss as “-“)	-3,708,578.42	-4,487,134.99	4,917,988.18	-1,332,255.11
Gain/(loss) from asset disposal (loss as “-“)	-63,648.71		10,550,303.70	2,703.81
III. Operating profit	90,013,217.23	553,308.79	90,937,796.32	-16,509,645.16
Add: non-business income	5,534,007.15	308,508.80	5,475,673.43	4,624.78
Less: non-business expense	1,566,597.08	116,697.85	5,508,956.59	504,989.76
IV. Total profit	93,980,627.30	745,119.74	90,904,513.16	-17,010,010.14
Less: Income tax	11,443,201.02	-750,091.66	11,651,682.59	-2,490,563.24
V. Net profit	82,537,426.28	1,495,211.40	79,252,830.57	-14,519,446.90
(I) Net profit from continuous operation	82,537,426.28	1,495,211.40	79,252,830.57	-14,519,446.90
(II)Net profit from discontinuing operation
Net profit attributable to parent company	79,541,057.88		78,529,977.92
’ Minority shareholders gains and losses	2,996,368.40		722,852.65
VI. After-tax net amount of other comprehensive incomes
After-tax net amount of other comprehensive incomes attributable to owners of the Company
(I) Other comprehensive incomes that will not be reclassified into gains and losses
1. Changes in net liabilities or assets with a defined benefit plan upon re-measurement
2. Enjoyable shares in other comprehensive incomes in invests that cannot be reclassified into gains and losses under the equity method
(II) Other comprehensive incomes that will be reclassified into gains and losses
1. Enjoyable shares in other comprehensive incomes in invests that will be reclassified into gains and losses under the equity method

2. Gains and losses on fair value changes of available- for-sale financial assets
3. Gains and losses on reclassifying held-to-maturity investments into available-for-sale financial assets
4. Effective hedging gains and losses on cash flows
5. Foreign-currency financial statement translation difference
6、Others
……
After-tax net amount of other comprehensive incomes attributable to minority shareholders
VII Total comprehensive income	82,537,426.28	1,495,211.40	79,252,830.57	-14,519,446.90
Total comprehensive income attributable to parent company	79,541,057.88		78,529,977.92
Total comprehensive income attributable to minority shareholders	2,996,368.40		722,852.65
VIII. Earnings per share
(I) basic earnings per share	0.09		0.09
(II) diluted earnings per share	0.09		0.09

Legal Representative: Ji Zhijian Chief Financial Official: Wang Jinxiu Person in Charge of Accounting Organization: Wu Bin



CASH FLOW STATEMENT
Prepared by Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd. January -June, 2025 Unit: RMB Yuan

Items	January -June, 2025		January -June, 2024
	Consolidation	Parent Company	Consolidation	Parent Company
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor services	2,052,666,718.55	301,942,216.64	1,907,077,005.37	356,957,447.68
Write-back of tax received	30,136,813.41	7,773,364.19	18,755,550.59
Other cash received concerning operating activities	52,565,964.76	15,930,701.50	63,426,981.44	10,607,266.66
Subtotal of cash inflow arising from operating activities	2,135,369,496.72	325,646,282.33	1,989,259,537.40	367,564,714.34
Cash paid for purchasing commodities and receiving labor service	1,497,200,184.21	248,289,092.96	1,393,125,399.43	407,046,581.00
Cash paid to/for staff and workers	426,808,924.81	58,113,306.87	407,925,055.02	61,958,999.87
Taxes paid	89,098,284.19	23,062,915.04	96,739,099.30	15,612,910.27
Other cash paid concerning operating activities	123,294,617.97	24,732,332.92	124,055,968.40	24,913,279.32
Subtotal of cash outflow arising from operating activities	2,136,402,011.18	354,197,647.79	2,021,845,522.15	509,531,770.46
Net cash flows arising from operating activities	-1,032,514.46	-28,551,365.46	-32,585,984.75	-141,967,056.12
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income	11,150.00	100,000,000.00	4,378,498.20	114,364,003.20
Net cash received from disposal of fixed, intangible and other long-term assets	229,307.68		31,636,572.34
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities	50,000,000.00
Subtotal of cash inflow from investing activities	50,240,457.68	100,000,000.00	36,015,070.54	114,364,003.20
Cash paid for purchasing fixed, intangible and other long-term assets	58,382,614.61	9,354,241.46	33,848,073.69	2,253,533.50
Cash paid for investment		3,000,000.00		16,000,000.00
Net cash paid for achievement of subsidiaries and other business units
Other cash paid concerning investing activities	50,000,000.00
Subtotal of cash outflow from investing activities	108,382,614.61	12,354,241.46	33,848,073.69	18,253,533.50
Net cash flows arising from investing activities	-58,142,156.93	87,645,758.54	2,166,996.85	96,110,469.70
III. Cash flows arising from financing activities
Cash received from absorbing investment
Including: Cash received from absorbing minority shareholders' equity investment by subsidiaries
Cash received from loans	132,102,821.74	90,000,000.00	252,063,418.15	209,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities	5,943,611.11		13,464,836.83
Subtotal of cash inflow from financing activities	138,046,432.85	90,000,000.00	265,528,254.98	209,000,000.00
Cash paid for settling debts	223,984,656.45	204,729,166.67	282,052,013.02	248,700,000.00
Cash paid for dividend and profit distributing or interest paying	9,837,390.66	8,160,879.18	14,844,254.68	13,433,120.25
Including: dividends or profit paid by subsidiaries to minority shareholders
Other cash paid concerning financing activities	20,944,709.90	2,952,500.00	60,640,595.58	9,783,735.91

Subtotal of cash outflow from financing activities	254,766,757.01	215,842,545.85
Net cash flows arising from financing activities	-116,720,324.16	-125,842,545.85	-92,008,608.30	-62,916,856.16
IV. Influence on cash due to fluctuation in exchange rate	3,752,639.50		2,281,289.59	644.35
V. Net increase of cash and cash equivalents	-172,142,356.05	-66,748,152.77	-120,146,306.61	-108,772,798.23
Add: Balance of cash and cash equivalents at the period - begin	951,579,683.60	253,995,179.54	670,440,335.98	173,113,251.05
VI. Balance of cash and cash equivalents at the period– end	779,437,327.55	187,247,026.77	550,294,029.37	64,340,452.82

Legal Representative: Ji Zhijian Chief Financial Official: Wang Jinxiu Person in Charge of Accounting Organization: Wu Bin


CONSOLIDATED STATEMENT OF CHANGES IN OWNERS’ EQUITY
Prepared by Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd 2025.01-06 Unit: RMB Yuan

2025.01-06
Owners’ equity attributable to parent company							Minority equity	Total of owners’ equity
share capital	Capital suplus	Lessen: treasury stock	Other comprehens ive income	Special preparation	Surplus reserve	Retained profits
843,212,507.00	717,097,098.38		2,208,669.73		895,618,513.69	673,966,177.84	57,006,488.80	3,189,109,455.44
843,212,507.00	717,097,098.38		2,208,669.73		895,618,513.69	673,966,177.84	57,006,488.80	3,189,109,455.44
				1,531,905.35	15,212,024.95	22,168,407.58	2,996,368.39	41,908,706.27
						79,541,057.88	2,996,368.39	82,537,426.27
					15,212,024.95	-57,372,650.30		-42,160,625.35
					15,212,024.95	-15,212,024.95
						-42,160,625.35		-42,160,625.35
				1,531,905.35				1,531,905.35
				6,326,404.28				6,326,404.28
				4,794,498.93				4,794,498.93
843,212,507.00	717,097,098.38		2,208,669.73	1,531,905.35	910,830,538.64	696,134,585.42	60,002,857.19	3,231,018,161.71

（未完）