DFAC(SH:600006)2015-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 78.68% to CNY 331,956,750.21 for the first nine months of the year[7]. - Basic earnings per share increased by 78.69% to CNY 0.1660[7]. - Total operating revenue for Q3 2015 was ¥3,732,567,264.24, a decrease of 7.4% compared to ¥4,032,118,842.08 in the same period last year[26]. - Net profit attributable to the parent company for Q3 2015 was ¥96,147,685.87, an increase of 50.9% from ¥63,691,928.13 in Q3 2014[28]. - The company reported a profit before tax of ¥62,647,590.78 for Q3 2015, compared to ¥74,195,418.30 in Q3 2014, indicating a decline of 15.5%[28]. - The comprehensive income for Q3 2015 was ¥109,886,337.94, compared to ¥69,532,459.61 in Q3 2014, showing an increase of 58.4%[29]. - Operating profit for the first nine months of 2015 was approximately ¥195.44 million, an increase of 27% compared to ¥154.04 million in the same period of 2014[31]. - The company reported a total profit of approximately -¥15.61 million for Q3 2015, compared to a profit of ¥63.48 million in Q3 2014[31]. Cash Flow - The company reported a net cash flow from operating activities of CNY 128,009,190.06, a significant recovery from a loss of CNY 45,041,297.26 in the same period last year[7]. - Cash inflow from operating activities for the first nine months of 2015 was ¥3,830,117,773.57, compared to ¥4,480,561,990.79 in the previous year[36]. - The net cash flow from operating activities for Q3 2015 was ¥128,009,190.06, a significant improvement compared to a net outflow of ¥45,041,297.26 in Q3 2014[35]. - For the first nine months of 2015, the net cash flow from operating activities was ¥26,967,000.83, a decrease from ¥88,283,027.81 in the same period last year[36]. - Total cash inflow from investment activities was ¥1,145,670,920.58, while cash outflow was ¥1,365,287,021.63, resulting in a net cash flow from investment activities of -¥219,616,101.05, down from a positive net flow of ¥57,581,410.79 in the previous year[35]. - The net cash flow from financing activities was ¥311,903,313.30, an increase from ¥131,415,882.30 in Q3 2014[35]. Assets and Liabilities - Total assets increased by 4.96% to CNY 20,403,676,113.26 compared to the end of the previous year[7]. - The total liabilities increased to CNY 12,209,412,222.26 from CNY 11,526,773,710.24, reflecting a rise of approximately 5.93%[19]. - The company's total equity reached CNY 8,194,263,891.00, up from CNY 7,912,478,967.50, indicating a growth of approximately 3.56%[19]. - The company's current assets totaled CNY 13,682,041,984.68, up from CNY 12,987,446,805.51 at the beginning of the year, indicating an increase of about 5.35%[17]. - The company's cash and cash equivalents stood at CNY 4,120,076,321.46, slightly up from CNY 4,012,885,169.27, showing a growth of about 2.67%[17]. - The total cash and cash equivalents at the end of Q3 2015 amounted to ¥3,940,003,679.34, up from ¥3,808,251,184.39 at the end of Q3 2014[35]. Shareholder Information - The total number of shareholders reached 195,914 by the end of the reporting period[9]. - Dongfeng Motor Corporation holds 60.1% of the shares, making it the largest shareholder[9]. - The company’s major shareholder, Dongfeng Motor Co., Ltd., committed not to reduce its shareholding for six months starting July 10, 2015[14]. - Dongfeng Motor Co., Ltd. plans to increase its holdings by at least RMB 50 million within six months starting July 10, 2015, without reducing its existing shares during this period[14]. Government Subsidies and Other Income - The company recognized government subsidies amounting to CNY 71,828,425.90 for the first nine months[8]. - Non-recurring gains and losses totaled CNY 35,213,138.10 for the first nine months[9]. - Investment income for Q3 2015 was approximately ¥64.85 million, a decrease of 49.3% compared to ¥128.21 million in Q3 2014[30]. Inventory and Receivables - Accounts receivable increased by 100.17% compared to the beginning of the period, primarily due to increased government subsidies for new energy vehicles and higher sales on credit from Dongfeng Xiangyang Travel Vehicle Co., Ltd.[12]. - Prepaid accounts increased by 60.86% compared to the beginning of the period, mainly due to increased prepayments for new energy batteries by Dongfeng Xiangyang Travel Vehicle Co., Ltd.[12]. - Other receivables decreased by 37.11% compared to the beginning of the period, primarily due to the recovery of asset sale debts from Dongfeng Xiaokang Automobile Co., Ltd. and land reserve debts from Xiangyang Municipal Finance Bureau.[12]. - Inventory levels rose to CNY 2,050,371,385.08 from CNY 1,721,974,991.82, which is an increase of about 19.08%[17].