JAC(SH:600418)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥8,343,973,440.26, a decrease of 25.19% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was -¥282,909,713.75, representing a decline of 249.06% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was -¥427,377,538.84, with no applicable comparison[4]. - The basic earnings per share for Q3 2021 was -¥0.15, a decrease of 250.00% compared to the same period last year[5]. - Total operating revenue for the first three quarters of 2021 was CNY 30,797,111,085.40, a slight decrease from CNY 30,861,014,587.01 in the same period of 2020[19]. - Net profit for the third quarter of 2021 was CNY 134,495,106.79, down from CNY 234,651,234.59 in the previous year[20]. - The total comprehensive income for the period attributable to the parent company was CNY 211,300,256.00, compared to CNY 30,309,615.89 in the previous period, indicating a significant increase[21]. - The company reported a basic and diluted earnings per share of CNY 0.10, up from CNY 0.02 in the previous period, reflecting improved profitability[21]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥44,660,396,092.85, an increase of 6.04% from the end of the previous year[5]. - The company's total current assets as of September 30, 2021, amount to ¥23,222,139,023.29, an increase from ¥20,730,702,848.67 in the previous year, reflecting a growth of approximately 7.2%[16]. - The total assets of the company are reported at ¥44,660,396,092.85, compared to ¥42,117,490,724.53 in the previous year, indicating an increase of about 6.0%[16]. - The total liabilities of the company have increased, with short-term borrowings rising to ¥2,582,950,468.47 from ¥2,102,100,000.00, an increase of about 23.0%[16]. - The total liabilities increased to CNY 30,650,695,994.89 from CNY 28,203,751,865.18 year-over-year[18]. - The company's total equity reached CNY 14,009,700,097.96, compared to CNY 13,913,738,859.35 in the previous year[18]. - Total assets amounted to approximately ¥42.12 billion, with current assets at ¥20.73 billion and non-current assets at ¥21.39 billion[26]. - Total liabilities reached approximately ¥28.20 billion, with current liabilities at ¥21.79 billion and non-current liabilities at ¥6.41 billion[27]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥516,954,179.68, with no applicable comparison for the current period[5]. - The net cash flow from operating activities for the first three quarters of 2021 was CNY 516,954,179.68, a turnaround from a negative cash flow of CNY -1,754,481,117.60 in the same period of 2020[23]. - Cash received from the sale of goods and services amounted to CNY 37,058,425,887.63, up from CNY 22,429,410,259.75 in the previous year, reflecting a growth of approximately 65%[22]. - The net cash flow from investing activities was CNY -402,903,059.53, compared to a positive cash flow of CNY 217,530,677.05 in the same period last year, indicating a decline in investment returns[23]. - The net cash flow from financing activities was CNY 1,263,483,505.43, an increase from CNY 130,653,639.69 in the previous year, showing improved financing conditions[24]. - The total cash and cash equivalents at the end of the period were CNY 6,788,305,317.17, compared to CNY 4,791,023,206.50 at the end of the previous year, indicating a strong liquidity position[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 201,837, with the top ten shareholders holding a combined 53.55% of shares[11]. - Anhui Jianghuai Automobile Group Holding Co., Ltd. is the largest shareholder, holding 324,703,028 shares, which represents 17.15% of the total[11]. Research and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[12]. - Research and development expenses for the first three quarters of 2021 were CNY 935,613,408.83, up from CNY 730,924,960.09 in the same period of 2020[19]. Government Support - The company received government subsidies amounting to ¥171,635,206.48 in Q3 2021, contributing to its financial performance[6]. Future Plans - The company has received approval from the China Securities Regulatory Commission for a non-public stock issuance project, indicating future capital raising plans[13].