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江铃汽车(000550) - 2017 Q3 - 季度财报
JMCJMC(SZ:000550)2017-10-25 16:00

Financial Performance - Net profit attributable to shareholders decreased by 76.70% to CNY 90.63 million for the reporting period[8] - Operating revenue increased by 5.45% to CNY 6.77 billion for the reporting period, and by 30.21% to CNY 22.44 billion year-to-date[8] - The weighted average return on net assets decreased by 2.67% to 0.74% for the reporting period[8] - The basic earnings per share decreased by 76.70% to CNY 0.11 for the reporting period[8] - In Q3, net profit decreased by 298 million yuan, down 76.70%, mainly due to changes in sales structure and increased R&D and sales expenses[17] - For the first three quarters, total profit decreased by 544 million yuan, down 44.05%, attributed to increased promotional expenses and changes in sales structure[17] Assets and Liabilities - Total assets decreased by 3.30% to CNY 23.69 billion compared to the end of the previous year[8] - Accounts receivable increased by 42.98% to CNY 16.69 billion compared to the end of the previous year[16] - Other current assets increased by 118.76% to CNY 7.38 billion compared to the end of the previous year[16] - The company reported a net cash flow from operating activities of -CNY 1.38 billion, a decrease of 166.78% year-to-date[8] - For the first three quarters, operating cash flow net amount decreased by 3.459 billion yuan, down 166.78%, mainly due to increased receivables and payments from sales growth[17] Sales and Market Performance - The company sold 221,408 vehicles in the first three quarters, a year-on-year increase of 19.99%[16] - In Q3, sales expenses increased by 163 million yuan, up 36.12%, primarily due to increased promotional expenses in response to intense competition[17] Government Support and Social Responsibility - The company received government subsidies amounting to CNY 251.18 million during the reporting period[9] - The company participated in targeted poverty alleviation efforts in two villages in Jiangxi Province and Nanchang City[24] - The company allocated 57.7 million yuan for poverty alleviation efforts in the first three quarters[25] - The company helped 20 registered impoverished individuals to escape poverty during the reporting period[26]