CGA(SH:600297)2015-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 2.04% to CNY 65.70 billion compared to the same period last year[6] - Net profit attributable to shareholders decreased by 9.33% to CNY 1.24 billion year-on-year[6] - Basic and diluted earnings per share decreased by 16.30% to CNY 0.3805[7] - The weighted average return on equity decreased by 2.11 percentage points to 7.61%[7] - Total operating revenue for Q3 2015 reached ¥22.35 billion, an increase of 7.43% compared to ¥20.80 billion in Q3 2014[32] - Net profit for Q3 2015 was ¥356.30 million, a slight decrease of 1.55% from ¥360.41 million in Q3 2014[33] - The total profit for the first nine months of 2015 was ¥1.74 billion, slightly down from ¥1.90 billion in the same period of 2014[32] - The profit attributable to the parent company's shareholders for Q3 2015 was ¥340.59 million, an increase of 5.84% compared to ¥321.40 million in Q3 2014[33] Assets and Liabilities - Total assets increased by 16.51% to CNY 71.64 billion compared to the end of the previous year[6] - The total current liabilities increased to CNY 34,052,000,000.00 from CNY 29,000,000,000.00, representing an increase of approximately 17.5%[24] - The total liabilities of Guanghui Automotive as of September 30, 2015, were CNY 34,052,000,000.00, compared to CNY 29,000,000,000.00 at the beginning of the year, marking an increase of approximately 17.5%[24] - Total liabilities increased to ¥50.47 billion, up from ¥45.48 billion, representing an increase of approximately 4.89% year-over-year[25] - Current liabilities totaled ¥44.93 billion, compared to ¥37.25 billion, reflecting a growth of about 20.00%[25] - Non-current liabilities decreased to ¥5.54 billion from ¥8.23 billion, a decline of approximately 32.60%[25] Cash Flow - Net cash flow from operating activities improved by 55.57%, reaching CNY -1.24 billion for the first nine months[6] - Cash inflows from operating activities amounted to 80,183.90 million RMB, up from 75,535.02 million RMB in the same period last year, indicating a growth of about 8.8%[38] - The net cash flow from operating activities was -1,239.14 million RMB, an improvement from -2,788.71 million RMB in the previous year, showing a reduction in losses by approximately 55.6%[38] - Cash inflows from investment activities totaled 14,821.15 million RMB, significantly higher than 4,203.75 million RMB in the prior year, marking an increase of around 252.5%[38] - The net cash flow from financing activities was 7,414.65 million RMB, compared to 2,013.47 million RMB in the same period last year, representing an increase of approximately 268.5%[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,747[10] - The largest shareholder, Xinjiang Guanghui Industry Investment (Group) Co., Ltd., held 37.26% of the shares[10] - The total owner's equity attributable to the parent company increased to ¥20.24 billion from ¥14.34 billion, a rise of about 41.00%[25] Investments and Restructuring - The company is considering a cash offer for shares of Baoxin Automotive Group, leading to a significant asset restructuring[14] - The company plans to continue disclosing progress on the major asset restructuring every five trading days during the suspension period[14] - The company reported a cash balance at the beginning of the period of $19.47 million, which increased to $50.23 million by the end of the period[42] Other Financial Metrics - Financial expenses increased by 31.21% to ¥1,004,148,061.06 due to higher average borrowings and interest rates[13] - Investment income decreased by 67.28% to ¥43,395,876.78 due to reduced equity disposal gains[13] - The company reported an investment income of ¥16.87 million in Q3 2015, significantly up from ¥4.54 million in Q3 2014[32] - The company's retained earnings increased to ¥6.31 billion from ¥5.06 billion, showing a growth of around 24.00%[25]