JAC(SH:600418)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders increased by 25.94% to CNY 817.52 million year-to-date[7] - Operating revenue for the first nine months reached CNY 38.13 billion, a 12.40% increase year-on-year[7] - Basic and diluted earnings per share increased by 22.73% to CNY 0.54[8] - The weighted average return on net assets rose by 0.86 percentage points to 8.89%[8] - Total operating revenue for Q3 2016 reached ¥11.75 billion, a 12.6% increase from ¥10.43 billion in Q3 2015[28] - Net profit for Q3 2016 was ¥242.41 million, compared to ¥94.58 million in Q3 2015, representing a 156.5% increase[30] - The net profit attributable to the parent company for the first nine months of 2016 was ¥817.52 million, up from ¥649.15 million in the same period of 2015, a 25.9% increase[30] - The company reported a total profit of ¥276.74 million in Q3 2016, compared to ¥99.87 million in Q3 2015, marking a 176.5% increase[30] Assets and Liabilities - Total assets increased by 32.14% to CNY 51.41 billion compared to the end of the previous year[7] - Total current assets reached RMB 33.88 billion, up from RMB 21.88 billion at the beginning of the year[20] - Current liabilities rose to CNY 32.76 billion, compared to CNY 25.24 billion in the previous year, reflecting an increase of about 29.9%[22] - Total liabilities reached CNY 36.30 billion, compared to CNY 28.80 billion, representing an increase of about 26.0%[22] - Owner's equity increased to CNY 15.11 billion, up from CNY 10.10 billion, indicating a growth of approximately 49.5%[22] - Non-current assets totaled CNY 14.93 billion, up from CNY 14.05 billion, reflecting a growth of approximately 6.3%[25] Cash Flow - The net cash flow from operating activities was negative at CNY -460.97 million, a decrease of 113.80% compared to the same period last year[7] - Cash flow from operating activities decreased by RMB 3.801 billion year-on-year, primarily due to increased payments for notes payable[14] - Cash and cash equivalents increased by 46.87% compared to the beginning of the year, primarily due to the non-public offering of shares[13] - Cash and cash equivalents reached CNY 15.56 billion, a significant increase from CNY 9.94 billion, marking a growth of approximately 56.5%[24] - Cash inflow from financing activities totaled CNY 7,776,553,740.47, significantly higher than CNY 1,508,900,168.49 in the previous year[41] - The net increase in cash and cash equivalents for the period was CNY 6,497,881,169.63, compared to CNY 2,507,630,074.65 in the same period last year[41] Shareholder Information - The total number of shareholders reached 73,579 at the end of the reporting period[11] - The largest shareholder, Anhui Jianghuai Automobile Group Holding Co., Ltd., holds 23.55% of the shares[11] Investment Activities - The company received government subsidies totaling CNY 234.64 million year-to-date, which are closely related to its normal operations[8] - Investment income for the first three quarters of 2016 increased by 100.09% year-on-year, due to higher returns from joint ventures[14] - The company’s investment income for Q3 2016 was CNY 57.28 million, significantly higher than CNY 11.20 million in Q3 2015, representing an increase of about 411.9%[34] Operational Costs - Operating costs for Q3 2016 were ¥12.32 billion, up 12.5% from ¥10.95 billion in Q3 2015[29] - Operating costs for the first nine months of 2016 were ¥39.94 billion, compared to ¥34.63 billion in the same period of 2015, reflecting a 15.5% increase[29] - The company’s total operating expenses for the first nine months of 2016 were CNY 1.66 billion, up from CNY 1.42 billion in the same period last year, indicating an increase of approximately 17.0%[36]