JAC(SH:600418)2021-03-16 16:00Financial Performance - Operating revenue for the first nine months was CNY 30.81 billion, a decrease of 17.15% year-on-year[5]. - Net profit attributable to shareholders was CNY 42.35 million, down 65.18% from the previous year[5]. - Basic earnings per share decreased by 66.67% to CNY 0.02 compared to CNY 0.06 in the previous year[5]. - The weighted average return on equity decreased by 0.61 percentage points to 0.33%[5]. - Total operating revenue for Q3 2020 was ¥11,173,065,498.37, an increase of 9.43% compared to ¥10,208,232,101.41 in Q3 2019[19]. - Net profit for Q3 2020 reached ¥417,119,784.63, compared to ¥96,401,423.40 in Q3 2019, marking a significant increase[20]. - The company achieved a basic earnings per share of ¥0.10 in Q3 2020, compared to a loss of ¥0.01 per share in Q3 2019[21]. - The total profit for Q3 2020 was ¥405,181,020.05, significantly higher than ¥61,277,119.39 in Q3 2019[20]. - Total net profit for the first three quarters of 2020 was a loss of ¥182.71 million, compared to a loss of ¥437.39 million in the same period of 2019[23]. Cash Flow and Liquidity - Net cash flow from operating activities for the first nine months was CNY -1.75 billion, an improvement from CNY -2.33 billion in the same period last year[5]. - Cash flow from operating activities in the first three quarters of 2020 was ¥23.72 billion, slightly down from ¥24.11 billion in the same period of 2019[25]. - The total cash inflow from investment activities was 2,267,541,477.77 RMB, compared to 1,076,859,595.86 RMB in the same period last year, showing a significant increase[26]. - The company reported a net decrease in cash and cash equivalents of -1,015,855,754.24 RMB in Q3 2020, compared to -1,448,547,744.59 RMB in Q3 2019, indicating an improvement in cash management[29]. - The total cash and cash equivalents at the end of Q3 2020 were 4,791,023,206.50 RMB, up from 3,816,472,421.21 RMB at the end of Q3 2019[26]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 45.93 billion, an increase of 4.72% compared to the end of the previous year[5]. - Current liabilities totaled 25.23 billion yuan as of September 30, 2020, compared to 25.45 billion yuan at the end of 2019[15]. - Total liabilities increased to CNY 32,023,441,697.01 from CNY 30,150,151,548.26, representing a growth of approximately 6.2% year-over-year[16]. - Current assets totaled CNY 19,479,574,104.83, up from CNY 15,772,638,380.65, indicating a growth of about 23.3%[17]. - The company’s total non-current liabilities rose to CNY 5,758,079,684.05 from CNY 3,200,295,552.08, reflecting an increase of approximately 79.5%[18]. - Long-term borrowings increased significantly to CNY 4,773,500,000.00 from CNY 2,187,200,000.00, representing a growth of approximately 118.5%[18]. - The company reported a significant decrease in advance receipts, down by ¥416,709,311.78 to ¥457,867,655.87[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 142,902[9]. - The largest shareholder, Anhui Jianghuai Automobile Group Holding Co., Ltd., holds 17.15% of the shares[9]. Other Financial Metrics - The company reported non-recurring gains of CNY 445.97 million for the current period[8]. - Other income increased by 81.80% year-on-year, mainly due to an increase in government subsidies received during the period[11]. - The company reported development expenditures of approximately ¥1.13 billion, indicating ongoing investment in new projects[31]. - The company reported an increase in sales expenses to ¥402,646,194.42 in Q3 2020, up from ¥354,765,820.33 in Q3 2019, indicating expanded marketing efforts[19]. - Financial expenses in Q3 2020 were ¥103.52 million, compared to ¥32.01 million in Q3 2019, indicating increased borrowing costs[22]. Future Outlook - The company has not disclosed specific future outlook or new product developments in the provided content[4].