2018-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 10.02% to CNY 9.86 billion for the period from January to September[6] - Operating revenue for the same period increased by 2.79% to CNY 52.82 billion[6] - Basic earnings per share slightly decreased by 2.02% to CNY 0.97[6] - The company reported a total of CNY 640.16 million in non-recurring gains and losses for the year-to-date[7] - Total revenue for Q3 2018 was CNY 16,308,101,046, a decrease of 3.3% compared to CNY 16,865,985,637 in Q3 2017[23] - Operating income for the first nine months of 2018 reached CNY 53,508,407,518, up 3.6% from CNY 51,631,428,553 in the same period last year[23] - Net profit for Q3 2018 was CNY 3,102,951,630, slightly down from CNY 3,111,428,491 in Q3 2017[23] - The company reported a significant increase in other income to CNY 470,243,027 for the first nine months of 2018, compared to CNY 162,932,554 in the same period last year[23] - The company recorded a net profit of ¥1,823,379,805 for the first nine months of 2018, up from ¥4,392,513,761 in the same period last year, indicating a growth of approximately 41.5%[30] Assets and Liabilities - Total assets increased by 2.93% to CNY 123.11 billion compared to the end of the previous year[6] - The total assets increased to ¥123,110.73 million from ¥119,602.42 million, reflecting a growth in both current and non-current assets[17] - The company's total liabilities decreased to ¥46,100.08 million from ¥49,188.45 million, indicating improved financial stability[17] - The company's total liabilities decreased to CNY 13,081,845,800 from CNY 14,168,103,043 at the start of the year, indicating improved financial stability[20] - The company's equity increased by 40.21% to ¥1,022,605.90 million, mainly due to stock option exercises and the distribution of stock dividends[11] - The company's total equity increased to CNY 64,028,495,071 from CNY 62,317,236,790 at the beginning of the year, reflecting a stronger capital position[20] Cash Flow - Cash flow from operating activities showed a significant decline of 215.99%, resulting in a net outflow of CNY 5.22 billion[6] - The net cash flow from operating activities for the year-to-date period (January to September) is -5,218,387,988 RMB, a significant decline compared to 4,499,007,476 RMB in the same period last year[32] - Cash inflow from sales of goods and services reached 59,921,396,322 RMB, an increase from 58,967,946,708 RMB year-on-year[32] - Total cash outflow from operating activities increased to 65,287,525,086 RMB, compared to 57,859,591,941 RMB in the previous year[32] - Cash inflow from investment activities decreased to 9,556,523,565 RMB from 20,694,827,370 RMB year-on-year[33] - The net cash flow from investment activities is -763,690,495 RMB, down from 4,437,488,333 RMB in the same period last year[33] - Cash inflow from financing activities totaled 2,915,181,627 RMB, compared to 1,704,898,445 RMB in the previous year[34] - The net cash flow from financing activities is -3,807,742,416 RMB, an improvement from -4,750,106,420 RMB year-on-year[34] - The ending balance of cash and cash equivalents is 37,599,812,580 RMB, down from 23,909,896,425 RMB in the previous year[34] Expenses and Investments - Research and development expenses increased significantly to CNY 619,749,060 for the first nine months of 2018, compared to CNY 450,221,942 in the same period last year, reflecting a focus on innovation[23] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 41.83% to ¥643,604.48 million, driven by higher R&D investments and capacity expansion expenditures[11] - Sales expenses rose by 30.28% to ¥445,330.06 million, attributed to increased advertising, market expenses, and logistics costs[11] - Research and development expenses for the first nine months of 2018 totaled ¥341,723,447, compared to ¥311,044,646 in the same period last year, marking an increase of approximately 9.9%[29] - Investment income for the first nine months of 2018 was ¥6,699,836,368, compared to ¥5,735,495,405 in the previous year, representing an increase of about 16.8%[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 42,993[8] - The largest shareholder, Guangzhou Automobile Industry Group Co., Ltd., holds 53.66% of the shares[8]