XBRL Application in Listing Company Reporting In China Shanghai Stock Exchange Huang Hongbin
XBRL IN CHINA CLCID-Taxonomy Listed Company Standard Reporting Future Plan
2000,Learning and Understanding XBRL 2002,Working Group set up by CSRC 2003,Pilot Project Began in Shanghai & Shenzhen 2005,CLCID-Taxonomy got Acknowledged Status Now,about 1400 Chinese listed companies filing their regular reports in XBRL format XBRL IN CHINA
About Information Disclosure Regulations Annual, Half-Year and Quarterly reports are required Temporary Announcement – disclose important events CSRC has published a set of disclosure regulations Before XBRL, Stock Exchanges have e-filing systems How XBRL Helps Improved the accuracy of disclosed information Improved the transparency of company information Improved the information consumers’ ability of analysis XBRL IN CHINA
XBRL IN CHINA CLCID-Taxonomy Listed Company Standard Reporting Future Plan
CLCID Taxonomy China Listed Company Information Disclosure Taxonomy China Listed Company Information Disclosure Taxonomy
CLCID Taxonomy Global Common Document (CLCID-GCD) 24 elements Document related information, for filing and tracing Company General Introduction (CLCID-CGI) 428 elements Information about company address, business scope, share holder, senior management, etc. Management Report (CLCID-MR) 259 elements Information about shareholder’s meeting, management report, use of raised funds, etc.
CLCID Taxonomy Primary Terms (CLCID-PT) 1846 elements Main financial report terms include items in explanatory notes. Important Events (CLCID-IE) 373 elements All important events include affiliated trading, lawsuit and arbitrage, guarantee, etc. Accountants Report (CLCID-AR) 16 elements A standard audit report include these 16 elements
XBRL IN CHINA CLCID-Taxonomy Listed Company Standard Reporting Future Plan
Standard Reporting in SSE SSE Web Site XML Public Company Public Media Investors Data Warehouse XML DOC PDF XML Check Result XMLDOC SSE e-Filing System SSE Work Flow
XBRL Reporting in SSE 2004 Annual 2004 Half- Year st Q 2003 Annual rd Q st Q 2005 Half- Year Companies Participating in XBRL Project
XBRL Reporting Software
Features Standard template, what you see is what you got Error key in identification Calculation error validation Automatic generate Microsoft word file User defined item Multi-user co-working function Supported by Shanghai New Lido Data Tech., Co. Ltd.
XBRL IN CHINA CLCID-Taxonomy Listed Company Standard Reporting Future Plan
Future Plan About Taxonomy Add Financial Service Terms (CLCID-FST) Add elements about temporary announcements About XBRL Reporting Project Encourage the use of company extended taxonomy Try the temporary announcements XBRL reporting Consider the XBRL reporting of Funds and Bonds
Future Plan About Using XBRL Data Transfer historical reports into XBRL instances Use XBRL data to build a more efficient supervise system to minimize market risk Provide structured data to both local and foreign investors
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