Wafangdian B earing Company Limited the Q 3 Report for 2019
Wafangdian Bearing Company Limited
the Q3 Report for 2019
2019-32
October 2019
Chapter I. Important Prompts
The board of directors, board of supervisors, directors, supervisors and the top management guarantee there
is no false record, misleading statement or major omission in the report, and take responsibilities for the truth,
accuracy and completeness of the contents.
All the directors attended the Board meeting and discussed the report.
The charger of company Mr. Liu Jun, financial controller Ms. Sun Najuan and the charger of accounting
department Ms. Sun Najuan made the statement: guarantee the truth, completeness of the financial report of the
third quarter report.
Chapter II. Main financial dates and share holde r change s
2.1 Main accounting data and financial indicators
Whether the company needs to retroactively adjust or restate previous accounting data
[ ] Yes [V] No
Unit: Yuan
+/-comparing with the
current period previous period
previous period
Operating income(RM B) 3,078,785,798.86 3,298,167,332.49 -6.65%
Net profit attributable to shareholders of the
1,353,082,301.57 1,380,023,044.55 -1.95%
listed company(Yuan)
+/-comparing
current period with the 2019.01-.09 +/-(%) to period
previous period
Turnover(RM B) 439,006,040.14 -20.34% 1,396,545,440.56 -14.11%
Net profit attributable to shareholders of the
-18,609,107.09 -1,001.38% -10,838,039.66 -301.51%
listed company(RM B)
Net profit attributable to the shareholders of
the listed company and after deducting of -21,897,768.34 1,820.19% -15,704,197.56 484.96%
non-recurring gain/loss(RM B)
Net Cash flow generated by business
-- -- 103,430,260.88 -27.17%
operation(RM B)
Basic earnings per share(Yuan/share) -0.046 -1,020.00% -0.027 -307.69%
Diluted earnings per share(Yuan/share) -0.046 -1,020.00% -0.027 -307.69%
Net assets yield (%) -1.40% -16.40% -0.80% -39.80%
Abnormal profit and loss items
√Applicable □Not applicable
Unit: Yuan
item 2019.01-.09 Explanation
Profit and loss on disposal of non-current assets (including write-off part
1,247,643.07
of impairment provision for assets)
Government subsidies included in current profits and losses(closely related
to the business of the enterprise, except the government subsidies enjoyed 5,118,102.33
in accordance with the unified national standard or quota)
Profits and losses relating to the debt restructure -2,177,441.64
Other non-business income and expenditures other than the 832,944.53
above
Less: Influenced amount of income tax 155,090.39
total 4,866,157.90 --
1
For the company according to the company information disclosure of securities for public issuance explanatory announcement no. 1 -
non-recurring profit and loss "define non-recurring gains and losses as defined in the project, and put the company information
disclosure of securities for public issuance explanatory announcement no. 1 - non-recurring profit and loss of non-recurring profit
and loss items defined as listed in the current profits and losses of the project, should explain the reasons.
□Applicable √Inapplicable
During the reporting period of the company, there is no circumstance that the items listed in the explanatory announcement no. 1 on
disclosure of information of companies publicly issuing securities are defined as the items of recurring gains and losses.
2.2. The statement of total number of shareholde rs and the first 10 shareholders of current
shares in the end of the report period
1. The total number of common shareholders and preferred shareholders whose voting rights have been restored and the shareholding
table of the top 10 shareholders
Unit: Share
Reporting the total number of preferred shareholders
Report the total number of common
shareholders at the end of the period 6,432 whose voting rights were restored at the end of the 0
period (if any)
The situation of the first 10 shareholders of current shares
Total shares Non-current Impawned or Frozen Shares
Name Nature Ratio（%）held shares held Status Amount
Wafangdian Bearing Group State-owned
60.61% 244,000,000 244,000,000
Corporation shareholder
Foreign
AKTIEBOLAGET SKF 19.70% 79,300,000
shareholder
M erchantsSecurities Limited Hong State-owned
1.79% 7,213,492
Kong Company shareholder
Domestic
Huang Junyue 1.62% 6,528,768
shareholder
Domestic
Hu Xiaofeng 0.47% 1,879,277
shareholder
GUOTAI JUNAN Foreign
SECURITIES(HONGKONG) 0.35% 1,427,406
shareholder
LIM ITED
Domestic
Jin Yunhua 0.27% 1,091,256
shareholder
Domestic
Chen Haitao 0.19% 750,996
shareholder
Foreign private
MAN,KWAI WING 文贵荣 0.18% 713,101
shareholder
Domestic
M eng Qingliang 0.17% 694,948
shareholder
The situation of the first 10 shareholders of current shares
Category of Shares
Name Holding the number of listed shares in circulation
Categories Amount
AKTIEBOLAGET SKF 79,300,000 B 79,300,000
M erchantsSecurities Limited Hong 7,213,492 B 7,213,492
Kong Company
Huang Junyue 6,528,768 B 6,528,768
Hu Xiaofeng 1,879,277 B 1,879,277
GUOTAI JUNAN
SECURITIES(HONGKONG) 1,427,406 B 1,427,406
LIM ITED
Jin Yunhua 1,091,256 B 1,091,256
Chen Haitao 750,996 B 750,996
MAN,KWAI WING 文贵荣 713,101 B 713,101
M eng Qingliang 694,948 B 694,948
Zhou Lin 575,100 B 575,100
Notes to relationship or “action in There was no relationship and consistent activities between the first big shareholder and other
concert”among the top ten shareholders or the top ten common stock holders; The relationship among other
shareholders. shareholders, top ten circulation shareholders, top ten circulation shareholders and other
shareholders was not clear.
2
Chapter III. Important Items
3.1 The great changes in company’s key financial statement, financial indicators, and the
reasons
√Applicable □Not applicable
Unite:0000Yuan
End of Beginnin +/-(%) to
No. Items Explanation
period g period period
The subsidiary received the land
1 Other receivables 3,271 9,226 -64.55% payment from the land reserve center in
this period
It is basically should pay value added tax
2 Payable taxes 488 724 -32.60%
to fall than at the beginning of the year
This period is mainly to pay the real
3 Other payables 8141 13185 -38.26%
estate development company
Financial assets measured at fair value This period is mainly recorded as
4 and recorded in the current profit and 0 30 -100.00% "trading financial assets" according to
loss the new financial instruments standards.
2019.1.1 Last +/-(%) to
Items Explanation
-9.30 period period
Impairment loss of assets (marked The main period is the write-off of bad
5 -55 1 -5600.00%
with "-") accounts receivable
The main reason is the year-on-year
6 Non-operating cost 527 86 512.79%
increase in debt restructuring losses
M ainly the income tax refunded by the
7 Income tax expenses 0 -28 -100.00%
tax bureau in the same period last year
This was mainly due to a decrease in
8 Net profit -1084 538 -301.49% operating profit and an increase in net
non-operating expenses
The subsidiary received the land
Other cash received in connection
9 6452 204 3062.75% payment from the land reserve center in
with operating activities
this period
It is the value added tax that is handed in
10 Tax payments 3235 5744 -43.68% this period and additional collect tax to
fall greatly year on year
It is the money that estate development
Other cash paid relating to operating
11 13847 7488 84.92% company owes before current period
activities
pays basically
Net cash received from disposal of This is mainly the disposal of fixed
12 fixed assets, intangible assets and 306 161 90.06% assets received cash year-on-year
other long-term assets increase
Cash paid to acquire fixed assets, This period is mainly the purchase and
13 intangible assets and other long-term 121 224 -45.98% construction of fixed assets to pay cash
assets decreased
M ainly by the impact of loans, so that
14 Obtain the cash received from the loan 65,500 19,500 235.90% this period to obtain loans received by
the cash increase
Cash received through other means of
Other proceeds relating to financing
15 16,195 44,379 -63.51% financing, such as discounting, was
activities lower than the same period last year
M ainly by the impact of loans, so that
16 Repayment of borrowings 62,000 36,706 68.91% this period of repayment of the cash paid
by the loan increased year-on-year
Effects of foreign exchange rate M ainly by the current dollar deposit and
17 44 80 -45.00%
changes on cash exchange rate changes
3.2 The situation of major items in progress and the analysis explanation on its effect and
3
resolved proposal.
□ Applicable √Not applicable
3.3 The company's actual controllers, shareholders, related parties, acquirers and the
company promise that the relevant parties have overfulfilled their commitme nts during the
reporting period.
□ Applicable √Not applicable
3.4 Portfolio investment.
□ Applicable √Not applicable
3.5 Entrust finance
□ Applicable √Not applicable
3.6 Derivatives investments
□ Applicable √Not applicable
3.7 Reception of investigations,communications,or intervie ws in the report period
Time/date Way Type of visitors Visitors Index catalog
Understand the company’s
2019.07.18 Telephone communication Private investor Private investor
production and operation status
Understand the company’s
2019.08.20 Telephone communication Private investor Private investor production and operation status
3.8 Violation of guaranty
□ Applicable √Not applicable
3.9 Controlling shareholders and their related parties' non-operational appropriation of funds
for listed companies
□ Applicable √Not applicable
Chapter IV Financial report
I. financial statements
Consolidated Balance Sheet.
Establishment unit: Wafangdian Bearing Co., LTD
2019.09.30
Unit: RMB Yuan
Item 2019.9.30 2018.12.31
Current assets ：
Monetary fund 200,492,612.57 247,229,860.99
Financial assets held-for-trading 283,516.65
Financial asset measured at FV and any change 298,925.16
recognized in income
Bills receivable 97,242,607.67 93,624,563.82
Account receivable 1,073,715,762.24 1,141,632,991.76
Account paid in advance 21,991,016.70 21,885,856.45
Other receivables 32,708,158.77 92,255,736.14
Include:Interest receivable
4
Dividend reciivable 1,250,000.00 1,250,000.00
Inventory 766,533,203.97 747,511,054.75
Other current assets 10,001,176.61 14,184,383.36
Total current assets 2,202,968,055.18 2,358,623,372.43
Non-current assets
Financial assets available-for-sale 2,000,000.00 2,000,000.00
Other equity instruments investment 9,926,856.64
Investment property 124,515,780.06 129,270,498.66
Fixed assets 599,407,729.71 661,598,663.85
Construction in progress 44,067,086.19 48,159,927.20
Intangible assets 83,291,163.35 85,667,085.86
Long-term prepaid expense 969,879.70 1,208,536.46
Deferred tax assets 11,639,248.03 11,639,248.03
Other non-current assets
Total non-current assets 875,817,743.68 939,543,960.06
Total assets 3,078,785,798.86 3,298,167,332.49
Current liabilities:
Short-term loan 655,000,000.00 620,000,000.00
Note payable 300,134,618.98 343,636,065.16
Accounts payable 591,295,618.32 714,437,792.49
Accounts received in advance 16,332,485.37 21,286,971.52
Accrued payroll 12,077,580.50 12,248,327.93
Tax payable 4,883,436.13 7,242,006.46
Other payables 81,412,244.69 131,854,654.39
Interest payable 177,000.00 748,135.28
Dividends payable 360,000.00 360,000.00
Other current liabilities 4,920,248.12 4,920,248.12
Total current liabilities 1,666,056,232.11 1,855,626,066.07
Non-current liabilities
Long-term payables 396,698.98 396,698.98
Deferred income 58,413,694.05 61,284,650.74
Deferred tax liabilities 836,872.15 836,872.15
Other non-current liabilities
Total non-current liabilities 59,647,265.18 62,518,221.87
Total liabilities 1,725,703,497.29 1,918,144,287.94
Owner’s equity (shareholders’ equity)
Capital stock 402,600,000.00 402,600,000.00
Capital reserves 485,691,050.47 485,691,050.47
The special reserve 1,296.68
Surplus reserve 136,770,391.01 136,770,391.01
Undistributed profit 328,019,563.41 354,961,603.07
Total owner's equity attributable to the parent company 1,353,082,301.57 1,380,023,044.55
Minority interest
Total owner’s equity 1,353,082,301.57 1,380,023,044.55
Total owner’s equity and liabilities 3,078,785,798.86 3,298,167,332.49
Chairman: Liu Jun General Accountant : Sun Najuan Accounting charger : Sun Najuan
2. Balance Sheet of Parent Company
Unit: RMB Yuan
Item 2019.9.30 2018.12.31
5
Current assets ：
Monetary fund 195,912,603.00 146,186,890.65
Financial assets held-for-trading 283,516.65
Financial asset measured at FV and any change 298,925.16
recognized in income
Bills receivable 91,781,567.67 89,620,372.80
Account receivable 1,101,017,985.77 1,209,757,673.66
Account paid in advance 19,047,296.87 19,008,909.78
Other receivables 15,819,932.79 14,963,827.46
Include:Interest receivable
Dividend receivable 1,250,000.00 1,250,000.00
Inventory 713,110,758.13 680,255,742.99
Other current assets 9,857,956.74 13,765,726.62
Total current assets 2,146,831,617.62 2,173,858,069.12
Non-current assets
Financial assets available-for-sale 2,000,000.00 2,000,000.00
Long-term equity investment 211,583,897.67 211,583,897.67
Other equity instruments investment 9,926,856.64
Other non-current financial assets
Investment property 109,266,007.73 113,277,687.13
Fixed assets 412,682,466.83 460,415,212.74
Construction in progress 43,449,337.09 47,699,459.65
Gas and petrol assets
Intangible assets 65,824,258.25 67,683,392.22
Long-term prepaid expense 820,931.62 1,017,695.53
Deferred tax assets 10,350,000.00 10,350,000.00
Other non-current assets
Total non-current assets 865,903,755.83 914,027,344.94
Total assets 3,012,735,373.45 3,087,885,414.06
Current liabilities
Short-term loan 655,000,000.00 620,000,000.00
Note payable 300,134,618.98 343,636,065.16
Accounts payable 530,766,191.25 585,972,014.52
Accounts received in advance 18,368,171.84 21,976,484.62
Contract liability
Accrued payroll 5,498,520.27 5,520,469.68
Tax payable 2,499,024.32 4,783,202.06
Other payables 58,442,078.81 50,471,992.39
Include:Interest payable 177,000.00 748,135.28
Dividends payable 360,000.00 360,000.00
Other current liabilities 3,869,474.53 3,869,474.53
Total current liabilities 1,574,578,080.00 1,636,229,702.96
Non-current liabilities
Long-term borrowing
Long-term account payable 296,698.98 296,698.98
Deferred income 26,801,001.08 29,671,957.77
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities 27,097,700.06 29,968,656.75
Total liabilities 1,601,675,780.06 1,666,198,359.71
6
Owner’s equity (shareholders’ equity)
Capital stock 402,600,000.00 402,600,000.00
Capital public reserves 485,678,443.26 485,678,443.26
Surplus reserve 136,770,391.01 136,770,391.01
Undistributed profit 386,010,759.12 396,638,220.08
Total owner’s equity 1,411,059,593.39 1,421,687,054.35
Total owner’s equity and liabilities 3,012,735,373.45 3,087,885,414.06
3. Consolidated Income Sheet of report pe riod
Unit: RMB Yuan
Account for the Account for the prior
Item
current period period
1.Total operating income 439,006,040.14 551,110,606.27
Operating revenue 439,006,040.14 551,110,606.27
Interest income
2.Total operating cost 460,479,580.09 552,648,146.77
Operating cost 392,689,600.80 479,506,105.13
Interest expenses
Tax & surcharges for main operations 3,229,267.98 3,191,912.75
Selling expenses 39,131,919.62 45,887,399.71
Administrative expense 15,443,009.53 11,729,374.05
Research and development expense -1,499,471.71 939,128.63
Financial expense 11,485,253.87 11,394,226.50
Including: interest expenses 12,532,671.16 6,087,377.76
interest revenue 296,419.74 82,824.96
Add:Other income 1,276,624.47 1,874,410.48
Investment income(loss with "-")
Net exposure hedging income (loss marked with "-") 0.00 0.00
Gains of change of fair value of assets(loss with"-") -26,194.47 0.00
Credit impairment loss (marked with "-") 0.00 0.00
Assets impairment loss(loss with "-") -553,124.31 196.91
Asset disposal income (loss with "-") 2,299,138.58 1,395,099.47
3.Operating profit (loss with"-") -18,477,095.68 1,732,166.36
Add: Non-operating revenue 216,160.26 1,003,825.36
Less: Non-operating cost 348,171.67 671,479.82
4.Total profit(loss with"-") -18,609,107.09 2,064,511.90
Less: Income tax expenses 0.00 0.00
5. Net profit(Loss with"-") -18,609,107.09 2,064,511.90
(I) classification by business continuity
(1) continuous operating net profit (net loss is marked with "-") -18,609,107.09 2,064,511.90
(2) termination of net profit (net loss is marked with "-") 0.00 0.00
(II) classification by ownership
Net profit attributable to shareholders of parent company -18,609,107.09 2,064,511.90
Minority interests
6.Net after-tax income of other comprehensive income
7
Net after-tax of other comprehensive
income attributable to the owner of the parent company 0.00 0.00
(1) other comprehensive income that cannot be reclassified
0.00 0.00
into profit or loss
1. Re-measure the change amount of the defined benefit plan
2. Other comprehensive income that cannot be transferred to
profit or loss under the equity method
3. Changes in the fair value of other equity instruments
4. Changes in the fair value of the enterprise's own credit risk
5. Other
(2) other comprehensive income that will be reclassified into
0.00 0.00
profits and losses
1. Other comprehensive income that can be converted to profit
or loss under the equity method
2. Changes in the fair value of other debt investments
3. Changes in fair value of financial assets available for sale
4. The amount of financial assets reclassified into other
comprehensive income
5. Reclassify the investment from hold to maturity into profit
and loss of financial assets available for sale
6. Provisions for credit impairment of other credit investments
7. Cash flow hedge reserve
8. Translation difference in foreign currency financial
statements
9. Other
Net after-tax of other comprehensive income attributable to
minority shareholders
7. Total comprehensive returns -18,609,107.09 2,064,511.90
Total comprehensive returns available for parent company -18,609,107.09 2,064,511.90
Total comprehensive returns available for minority
shareholders
8.Earnings per share
(1) Basic earnings per share -0.046 0.005
(2) Diluted earnings per share -0.046 0.005
Chairman: Liu Jun General Accountant : Sun Najuan Accounting charger: Sun Najuan
4. Income Sheet of Parent Company of report period
Unit: RMB Yuan
Account for the Account for the prior
Item current period period
1.Total operating income 442,980,205.34 557,363,515.51
Less:Total operating cost 398,437,815.98 490,241,710.54
Tax & surcharges for main operations 2,545,396.70 2,340,547.68
Selling expenses 38,754,374.03 45,294,704.26
Administrative expense 10,067,650.65 6,048,699.33
8
Research and development expense -1,715,268.54 656,842.79
Financial expense 11,490,232.41 8,873,989.26
Including: interest expenses 12,532,671.16 11,390,790.08
interest revenue 288,806.94 77,702.17
Add:Other income 1,276,624.47 1,674,410.48
Investment income(loss with "-")
Among them: the investment income of joint venture and joint
venture
Income from the termination of a financial asset measured at
amortized cost (loss marked with "-")
Net exposure hedge gain (loss marked with "-")
Fair value change income (loss marked with "-") -26,194.47
Credit impairment loss (marked with "-")
Impairment loss of assets (marked with "-") -553,124.31 196.91
Income from asset disposal (loss marked with "-") 2,299,138.58 1,395,099.47
2.Operating profit (loss with"-") -13,603,551.62 6,976,728.51
Add: Non-operating revenue 28,711.08 913,854.60
Less: Non-operating cost 300,392.87 3,193,821.99
3.Total profit(loss with"-") -13,875,233.41 4,696,761.12
Less: Income tax expenses -279,426.81
4. Net profit(Loss with"-") -13,875,233.41 4,696,761.12
(I) continuous operating net profit (net loss is marked with "-") -13,875,233.41 4,696,761.12
(2) termination of net profit (net loss is marked with "-")
5.Net after-tax income of other comprehensive income
(1) other comprehensive income that cannot be reclassified into 0.00 0.00
profit or loss
1. Re-measure the change amount of the defined benefit plan
2. Other comprehensive income that cannot be transferred to profit
or loss under the equity method
3. Changes in the fair value of other equity instruments
4. Changes in the fair value of the enterprise's own credit risk
5. Other
(2) other comprehensive income that will be reclassified into profits 0.00 0.00
and losses
1. Other comprehensive income that can be converted to profit or
loss under the equity method
2. Changes in the fair value of other debt investments
3. Changes in fair value of financial assets available for sale
4. The amount of financial assets reclassified into other
comprehensive income
5. Reclassify the investment from hold to maturity into profit and
loss of financial assets available for sale
6. Provisions for credit impairment of other credit investments
7. Cash flow hedge reserve
8. Translation difference in foreign currency financial statements
9. Other
6.Total comprehensive returns -13,875,233.41 4,696,761.12
7.Earnings per share
(1) Basic earnings per share -0.034 0.012
(2) Diluted earnings per share -0.034 0.012
9
5. Consolidated Income Sheet from the beginning of the year to the end of report period
Unit: RMB Yuan
Account for the current Account for the prior
Item period period
1.Total operating income 1,396,545,440.56 1,625,978,587.95
Including: Operating revenue 1,396,545,440.56 1,625,978,587.95
Interest income
2.Total operating cost 1,411,836,195.69 1,629,854,519.07
Including: Operating cost 1,218,537,979.05 1,419,252,676.26
Interest expenses
Handling charge and commission income
Tax & surcharges for main operations 10,745,294.41 11,784,015.67
Selling expenses 106,227,844.41 116,626,971.34
Administrative expense 44,408,231.61 42,299,686.24
Research and development expense 4,459,316.43 4,444,519.93
Financial expense 27,457,529.78 35,446,649.63
Including: interest expenses 27,216,873.43 20,852,733.18
interest revenue 1,272,774.23 428,703.33
Add:Other income 5,118,102.33 4,029,838.63
Investment income(loss with "-")
Fair value change income (loss marked with
-15,408.51
"-")
Credit impairment loss (marked with "-")
Impairment loss of assets (marked with "-") -553,124.31 12,983.76
Income from asset disposal (loss marked with
1,248,982.39 1,638,595.29
"-")
3.Operating profit (loss with"-") -9,492,203.23 1,805,486.56
Add: Non-operating revenue 3,925,508.11 4,151,029.64
Less: Non-operating cost 5,271,344.54 857,450.99
4.Total profit(loss with"-") -10,838,039.66 5,099,065.21
Less: Income tax expenses -279,426.81
5. Net profit(Loss with"-") -10,838,039.66 5,378,492.02
(i) according to the business continuity classification
1. Net profit from continuing operations (net loss marked
-10,838,039.66 5,378,492.02
with "-")
2. Termination of net profit (net loss marked with
"-")
(ii) classification according to ownership
1. Net profit attributable to the owner of the parent
-10,838,039.66 5,378,492.02
company
2. Profit and loss of minority shareholders
6. Net after tax of other comprehensive income
Net after tax of other comprehensive income
0.00 0.00
attributable to the parent company owner
(i) other comprehensive income that cannot be
0.00 0.00
reclassified into profit or loss
(ii) other comprehensive income that will be
0.00 0.00
reclassified into profits and losses
Net after tax of other comprehensive income
attributable to minority shareholders
7.Total comprehensive income -10,838,039.66 5,378,492.02
Aggregate income attributable to the owner of the
-10,838,039.66 5,378,492.02
parent company
The total amount of comprehensive income
10
attributable to minority shareholders
8. Earnings per share:
(1) Basic earnings per share -0.027 0.013
(2) Diluted earnings per share -0.027 0.013
Chairman: Liu Jun General Accountant : Sun Najuan Accounting charger: Sun Najuan
6. Income Sheet of Parent Company from the beginning of the year to
the end of report period
Unit: RMB Yuan
Account for the current Account for the prior
Item
period period
1.Total operating income 1,410,078,666.87 1,613,323,464.18
Less: Operating cost 1,235,702,069.15 1,419,411,734.27
Tax & surcharges for main operations 8,659,794.83 9,468,098.04
Selling expenses 104,993,425.56 114,630,572.97
Administrative expense 28,855,252.33 25,912,696.08
Research and development expense 3,667,009.23 3,719,984.09
Financial expense 27,470,214.75 27,251,162.67
Including: interest expenses 27,216,873.43 28,436,819.16
interest revenue 1,249,109.18 411,325.99
Add:Other income 5,118,102.33 3,601,288.42
Investment income(loss with "-")
Fair value change income (loss marked with
-15,408.51
"-")
Credit impairment loss (marked with "-")
Impairment loss of assets (marked with "-") -553,124.31 12,983.76
Income from asset disposal (loss marked with
2,302,730.32 1,638,595.29
"-")
2.Operating profit (loss with"-") 7,583,200.85 18,182,083.53
Add: Non-operating revenue 3,052,558.93 3,675,443.24
Less: Non-operating cost 5,159,220.74 9,049,153.40
3.Total profit(loss with"-") 5,476,539.04 12,808,373.37
Less: Income tax expenses -279,426.81
4. Net profit (net loss marked with "-") 5,476,539.04 13,087,800.18
(1) net profit from continuing operations (net loss marked
5,476,539.04 13,087,800.18
with "-")
(2) termination of net profit (net loss marked with "-")
5. Net after tax of other comprehensive income
(1) other comprehensive income that cannot be
0.00 0.00
reclassified into profit or loss
(2) other comprehensive income that will be reclassified
0.00 0.00
into profits and losses
6. Total comprehensive returns 5,476,539.04 13,087,800.18
7.Earnings per share
(1) Basic earnings per share 0.014 0.033
(2) Diluted earnings per share 0.014 0.033
7. Consolidated cash flow statements from the beginning of the year to the end of the
reporting period
11
Unit: RMB yuan
Account for the current Account for
Item
period the prior period
1.Cash from operating activities
Cash received from sale of goods or rendering of 789,897,120.71 797,620,577.70
services
Other cash received relating to operating activities 64,515,982.94 2,043,645.29
Sub-total of cash inflows 854,413,103.65 799,664,222.99
Cash paid for goods and services 389,035,199.67 345,021,875.48
Cash paid to or on behalf of the employees 191,124,806.06 180,314,329.96
Tax payments 32,354,992.08 57,435,553.57
Other cash paid relating to operating activities 138,467,844.96 74,876,193.38
Sub-total of cash outflows 750,982,842.77 657,647,952.39
Net cash flows from operating activities 103,430,260.88 142,016,270.60
2.Cash flows from investing activities ：
Cash received from return of investment
Cash received from investment incomes
Net cash received from disposal of fixed assets, intangible
3,056,908.99 1,609,692.00
assets and other long-term assets
Proceeds from sale of subsidiaries and other operating
units
Other cash received relating to investing activities
Sub-total of cash inflows 3,056,908.99 1,609,692.00
Cash paid to acquire fixed assets, intangible assets and 1,205,036.75 2,235,975.45
other long-term assets
Cash paid to acquire investment
Sub-total of cash outflows 1,205,036.75 2,235,975.45
Net cash flows from investment activities 1,851,872.24 -626,283.45
3.Cash flows from financing activities
Cash received from absorbing investment
Including: Cash received from increase in minority
interest
Proceeds from borrowings 655,000,000.00 195,000,000.00
Other proceeds relating to financing activities 161,952,643.52 443,790,094.34
Sub-total of cash inflows 816,952,643.52 638,790,094.34
Repayment of borrowings 620,000,000.00 367,064,872.18
Distribution of dividends or profits & interest expenses 36,737,017.54 28,364,910.70
Including: dividends or profit paid to minority interest
Cash paid for other financing activities 339,171,642.10 344,908,190.83
Sub-total of cash outflows 995,908,659.64 740,337,973.71
Net cash flows from financing activities -178,956,016.12 -101,547,879.37
4. Effects of foreign exchange rate changes on cash 437,427.38 795,035.86
5.Net increases in cash and cash equivalents -73,236,455.62 40,637,143.64
Add: cash and cash equivalent, at the beginning of year 188,431,805.23 58,043,497.54
6.Cash and cash equivalent at the end of the year 115,195,349.61 98,680,641.18
8. Parent company's cash flow statement from the beginning of the year to the end of the
reporting period
Unit: RMB yuan
Account for the current Account for
Item
period the prior period
1.Cash from operating activities
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Cash received from sale of goods or rendering of services 1,440,364,966.98 707,941,476.71
Refund of taxes and fares
Other cash received relating to operating activities 4,538,693.29 1,676,761.98
Sub-total of cash inflows 1,444,903,660.27 709,618,238.69
Cash paid for goods and services 906,281,861.58 307,697,841.80
Cash paid to or on behalf of the employees 160,425,249.94 144,747,587.40
Tax payments 24,110,721.14 46,478,616.45
Other cash paid relating to operating activities 73,010,222.44 68,308,159.32
Sub-total of cash outflows 1,163,828,055.10 567,232,204.97
Net cash flows from operating activities 281,075,605.17 142,386,033.72
2.Cash flows from investing activities
Cash received from return of investment
Cash received from investment incomes
Net cash received from disposal of fixed assets, intangible 3,056,908.99 1,609,692.00
assets and other long-term assets
Proceeds from sale of subsidiaries and other operating
units
Other cash received relating to investing activities
Sub-total of cash inflows 3,056,908.99 1,609,692.00
Cash paid to acquire fixed assets, intangible assets and 1,210,974.75 2,202,525.45
other long-term assets
Cash paid to acquire investment
Net cash used in acquiring subsidiaries and other
operating units
Other cash paid relating to investing activities
Sub-total of cash outflows 1,210,974.75 2,202,525.45
Net cash flows from investment activities 1,845,934.24 -592,833.45
3.Cash flows from financing activities
Cash received from absorbing investment
Proceeds from borrowings 655,000,000.00 195,000,000.00
Other proceeds relating to financing activities 80,712,230.00 443,790,094.34
Sub-total of cash inflows to financing activities 735,712,230.00 638,790,094.34
Repayment of borrowings 620,000,000.00 367,064,872.18
Distribution of dividends or profits & interest 36,737,017.54 28,364,283.89
expenses
Cash paid for other financing activities 339,171,642.10 344,908,190.83
Sub-total of cash outflows to financing activities 995,908,659.64 740,337,346.90
Net cash flows from financing activities -260,196,429.64 -101,547,252.56
4. Effects of foreign exchange rate changes on cash 437,427.38 795,035.86
5.Net increases in cash and cash equivalents 23,162,537.15 41,040,983.57
Add: cash and cash equivalent, at the beginning of year 87,388,834.89 54,083,755.28
6.Cash and cash equivalent at the end of the year 110,551,372.04 95,124,738.85
II. Explanation of adjustment of financial statements
1. Implement new financial instrument standards, new income standards or ne w leasing standards from
2019 to adjust the implementation of relevant items in the financial statements at the beginning of the year
□Applicable √Inapplicable
1. Description of preliminary comparative data of retroactive adjustment for the implementation of new
financial instrument standards or new lease standards from 2019
□Applicable√Inapplicable
III.Audited report
Whether the third quarter report is audited
□ Yes √No
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