KONKAGROUPCO.,LTD.THIRDQUARTERREPORT2018
2018-83
October2018
PartIImportantNotes
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofKonkaGroupCo.,Ltd.(togetherwithitsconsolidatedsubsidiaries,the“Company”,exceptwherethecontextotherwiserequires)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.LiuFengxi,theCompany’slegalrepresentative,LiChunlei,theCompany’sChiefFinancialOfficer(CFO),andFengJunxiu,headoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethatthefinancialstatementscarriedinthisReportarefactual,accurateandcomplete.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
PartIIKeyCorporateInformation
IKeyConsolidatedFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
Exceptionalgainsandlosses:
√Applicable□Notapplicable
Unit:RMB
Item
Item | Q1-Q32018 | Note |
Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | 207,054,203.32 | |
Governmentsubsidieschargedtocurrentprofitorloss(exclusiveofgovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards) | 157,182,395.52 | |
Gainorlossoninvestmentsorassetsentrustedtootherentitiesformanagement | 146,587,621.83 | |
Gainorlossonfair-valuechangesintradingfinancialassetsandliabilities&investment | 25,624,758.24 |
30September2018 | 31December2017 | Change(%) | |||
Totalassets(RMB) | 31,459,422,268.91 | 23,558,735,469.78 | 33.54% | ||
Equityattributabletothelistedcompany’sshareholders(RMB) | 8,015,667,877.14 | 7,994,145,476.61 | 0.27% | ||
Q32018 | YoYchange(%) | Q1-Q32018 | YoYchange(%) | ||
Operatingrevenue(RMB) | 12,136,315,129.29 | 38.58% | 29,761,729,899.11 | 47.60% | |
Netprofitattributabletothelistedcompany’sshareholders(RMB) | 88,041,649.48 | -10.14% | 429,834,688.51 | 233.60% | |
Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalitems(RMB) | -202,316,654.64 | -487.53% | -503,187,267.44 | -537.82% | |
Netcashgeneratedfrom/usedinoperatingactivities(RMB) | -- | -- | -2,896,984,300.56 | 18.68% | |
Basicearningspershare(RMB/share) | 0.0366 | -10.07% | 0.1785 | 233.64% | |
Dilutedearningspershare(RMB/share) | 0.0366 | -10.07% | 0.1785 | 233.64% | |
Weightedaveragereturnonequity(%) | 1.10% | -2.21% | 5.24% | 0.91% |
incomefromdisposaloftradingfinancialassetsandliabilitiesandavailable-for-salefinancialassets(exclusiveofeffectiveportionofhedgesthatariseintheCompany’sordinarycourseofbusiness)
incomefromdisposaloftradingfinancialassetsandliabilitiesandavailable-for-salefinancialassets(exclusiveofeffectiveportionofhedgesthatariseintheCompany’sordinarycourseofbusiness) | ||
Gainorlossonloanentrustments | 984,930.51 | |
Non-operatingincomeandexpenseotherthanabove | 25,052,366.37 | |
Othergainsandlossesthatmeetdefinitionofexceptionalgain/loss | 543,741,891.45 | |
Less:Incometaxeffects | 96,238,978.51 | |
Non-controllinginterestseffects(netoftax) | 76,967,232.78 | |
Total | 933,021,955.95 | -- |
ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemdefinedorlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems:
√Applicable□Notapplicable
Item | Amount(RMB) | Reason |
Taxrebatesonsoftware | 45,548,282.80 | RecurrentgovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards |
IITotalNumberofShareholdersandHoldingsofTop10Shareholdersat30September20181.NumbersofOrdinaryShareholdersandPreferredShareholderswithResumedVoting
RightsaswellasHoldingsofTop10Shareholders
Unit:share
Numberofordinaryshareholders | 88,816 | Numberofpreferredshareholderswithresumedvotingrights(ifany) | 0 | |||||
Top10shareholders | ||||||||
Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Numberofshares | Restrictedshares | Sharesinpledgeorfrozen | |||
Status | Shares | |||||||
OVERSEASCHINESETOWNENTERPRISESCO.,LTD | State-ownedlegalperson | 21.75% | 523,746,932 | 0 | ||||
CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | Foreignlegalperson | 7.56% | 182,100,202 | 0 | ||||
HOLYTIMEGROUPLIMITED | Foreignlegalperson | 2.33% | 56,139,100 | 0 | ||||
GUOYUANSECURITIES | Foreignlegal | 2.25% | 54,203,779 | 0 |
BROKER(HK)CO.,LTD.
BROKER(HK)CO.,LTD. | person | ||||||
GAOLINGFUND,L.P. | Foreignlegalperson | 2.19% | 52,801,250 | 0 | |||
ZHANGXIAOYU | Domesticnaturalperson | 0.95% | 22,803,978 | 0 | |||
CHINAMERCHANTSSECURITIES(HK)LIMITED | State-ownedlegalperson | 0.93% | 22,485,024 | 0 | |||
NAMNGAI | Foreignnaturalperson | 0.90% | 21,712,140 | 0 | |||
YUNNANINTERNATIONALTRUSTCO.,LTD-JULINO.48SINGLECAPITALTRUST | Other | 0.88% | 21,145,380 | 0 | |||
WANGLEI | Domesticnaturalperson | 0.82% | 19,811,420 | 0 | |||
Top10unrestrictedshareholders | |||||||
Nameofshareholder | Unrestrictedshares | Sharesbytype | |||||
Type | Shares | ||||||
OVERSEASCHINESETOWNENTERPRISESCO.,LTD | 523,746,932 | RMB-denominatedordinarystock | 523,746,932 | ||||
CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | 182,100,202 | Domesticallylistedforeignstock | 182,100,202 | ||||
HOLYTIMEGROUPLIMITED | 56,139,100 | Domesticallylistedforeignstock | 56,139,100 | ||||
GUOYUANSECURITIESBROKER(HK)CO.,LTD. | 54,203,779 | Domesticallylistedforeignstock | 54,203,779 | ||||
GAOLINGFUND,L.P. | 52,801,250 | Domesticallylistedforeignstock | 52,801,250 | ||||
ZHANGXIAOYU | 22,803,978 | RMB-denominatedordinarystock | 22,803,978 | ||||
CHINAMERCHANTSSECURITIES(HK)LIMITED | 22,485,024 | Domesticallylistedforeignstock | 22,485,024 | ||||
NAMNGAI | 21,712,140 | Domesticallylistedforeignstock | 21,712,140 |
YUNNANINTERNATIONALTRUSTCO.,LTD-JULINO.48SINGLECAPITALTRUST
YUNNANINTERNATIONALTRUSTCO.,LTD-JULINO.48SINGLECAPITALTRUST | 21,145,380 | RMB-denominatedordinarystock | 21,145,380 | |
WANGLEI | 19,811,420 | RMB-denominatedordinarystock | 19,811,420 | |
Relatedoracting-in-concertpartiesamongshareholdersabove | JialongInvestmentLimited,awholly-fundedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownEnterprisesCo.(“OCTGroup”forshort),holds180,001,110and18,360,000commonsharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.JialongInvestmentLimitedandOverseasChineseTownEnterprisesCo.arepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | |||
Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading(ifany) | ZhangXiaoyuholds22,803,978A-sharesintheCompanythroughheraccountofcollateralsecuritiesformargintradinginHuaxiSecuritiesCo.,Ltd.WangLeiholds19,811,420A-sharesintheCompanythroughhisaccountofcollateralsecuritiesformargintradinginGFSecuritiesCo.,Ltd. |
Indicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.□Yea√NoNosuchcasesintheReportingPeriod.
2.NumberofPreferredShareholdersandShareholdingsofTop10ofThem□Applicable√Notapplicable
PartIIISignificantEvents
IChangesinSelectedConsolidatedFinancialStatementLineItemsandExplanationofwhy√Applicable□Notapplicable
(I)DuringtheReportingPeriod,with“Technology+Industry+Urbanization”asthedevelopmentdirection,theCompanyproactivelycarriedoutamedium-andlong-termstrategicdevelopmentplanfeaturing“OneCentricOrientation,TwoDevelopmentPaths,ThreeDevelopmentStrategiesandFourBusinessGroups”.Basedonitsconsumerelectronicsbusiness(colorTVs,whitegoodsandmobilephones),theCompanygraduallyextendstowardsstrategicemergingindustries,thetechnologyparkindustryaswellastheInternetserviceandsupplychainmanagementsectors.Asaresult,fourmajorcollaboratingbusinessgroups—thetechnologyparkbusinessgroup,theindustrialproductbusinessgroup,theplatformservicebusinessgroupandtheinvestment&financebusinessgroup—havetakenshape.Amongthese,theenvironmentalprotectionandnewmaterialbusinesseshavebeenputinplace,andthesupplychainmanagementandInternetservicebusinessesseeexpandingscalesandstrongerprofitabilityduetofurtherbusinessmodelrefinements.(II)ExceptionalitemshaveaneffectofRMB933millionontheconsolidatednetprofitachievedduringtheninemonthsended30September2018.(III)ChangesinSelectedConsolidatedFinancialStatementLineItems
Unit:RMB’0,000(inRMBtenthousandyuan)
Item
Item | 30September2018 | 31December2017 | Change | Change(%) | Mainreasonforchange |
Financialassetsatfairvaluethroughprofitorloss | 2,319.85 | 29.68 | 2,290.17 | 7,716.21% | Changesinthefairvalueofforwardforexcontracts |
Accountsreceivable | 477,097.15 | 344,309.59 | 132,787.56 | 38.57% | higherrevenue |
Goodwill | 86,441.84 | 359.77 | 86,082.07 | 23,926.97% | Acquisitionof51%equityinterestsinShandongEconTechnologyCo.,Ltd.,GuangDongXingDaHongYeElectronicCo.,Ltd.andJiangxiKonkaNewMaterialTechnologyCo.,Ltd. |
Item | Q1~Q32018 | Q1~Q32017 | Change | Change(%) | Mainreasonforchange |
Operatingrevenue | 2,976,172.99 | 2,016,361.90 | 959,811.09 | 47.60% | Rapidgrowthinemergingbusinesses |
Costofsales | 2,806,358.27 | 1,803,304.05 | 1,003,054.22 | 55.62% | Rapidgrowthinemergingbusinesses |
Gainonchangesinfairvalue
Gainonchangesinfairvalue | 6,994.07 | -13,667.72 | 20,661.79 | 151.17% | Changesinthefairvalueofforwardforexcontracts |
IIProgress,InfluenceandSolutionsAssociatedwithSignificantEvents√Applicable□Notapplicable
(I)RegardingthestrategiccooperationagreementwiththeChuzhoumunicipalgovernment,sofar,theTechnologicalInnovationCentrePhaseIIprojecthaswonthebidforthetargetland,andtheotherprojectsarestillundernegotiation.(II)Intermsoftheprivateplacementofcorporatebonds,theno-objectionletterstatingthecomplianceoftheprivateplacementwiththetransferconditionshasbeenreceivedfromtheShenzhenStockExchange.AndthecommercialfactoringsecuritizationandthesecuritizationofaccountsreceivableareunderreviewbytheShenzhenStockExchange.
Announcementonsignificantevent | Disclosuredate | Websitelinktoannouncement |
AnnouncementonSigningaStrategicCooperationAgreementwithShenzhenBinhaiFundManagementCo.,Ltd. | 2018-9-26 | http://www.cninfo.com.cn/finalpage/2018-09-26/1205464322.PDF |
AnnouncementontheCompletionoftheRegistrationofaPrivateEquityFundSetupbytheCompanyforM&As | 2018-9-7 | http://www.cninfo.com.cn/finalpage/2018-09-07/1205418780.PDF |
ReminderoftheNanjingK-StarCloudNetworkHeadquarterstoBeEstablished | 2018-8-14 | http://www.cninfo.com.cn/finalpage/2018-08-14/1205282245.PDF |
ReminderoftheZiboHigh-EndEquipmentIndustrialParktoBeEstablished | 2018-8-14 | http://www.cninfo.com.cn/finalpage/2018-08-14/1205282322.PDF |
AnnouncementonaJointStockCompanyWinningtheBidforLandUseRight | 2018-8-11 | http://www.cninfo.com.cn/finalpage/2018-08-11/1205274958.PDF |
AnnouncementonProgressoftheTransferofthe51%StakeinKunshanKangsheng | 2018-7-3 | http://www.cninfo.com.cn/finalpage/2018-07-03/1205112552.PDF |
IIICommitmentsthattheCompany’sActualController,Shareholders,RelatedPartiesandAcquirers,aswellastheCompanyItselfandOtherParties,FailedtoFulfillonTimeduringReportingPeriod□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
IV2018AnnualOperatingPerformanceForecastWarningofaforecastlossonoraforecastsignificantyear-on-yearchangeinnetprofitforyear
2018,aswellasexplanationofwhy:
□Applicable√NotapplicableVSecuritiesInvestments□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIWealthManagementEntrustment√Applicable□Notapplicable
Unit:RMB’0,000
Typeofwealth
management
Typeofwealthmanagement | Fundingsource | Principal | Outstandingamountbeforematurity | Overdueamount |
Wealthmanagementproductpurchasedfromtrustcompany | Self-funded | 0 | 74,350 | 0 |
Wealthmanagementproductpurchasedfrombank | Self-funded | 0 | 2,000 | 0 |
Total | 0 | 76,350 | 0 |
High-riskwealthmanagemententrustmentswithamountsthatareindividuallysignificant,orwithlowsecurity,lowliquidity,ornoprotectionoftheprincipal:
□Applicable√NotapplicableWealthmanagemententrustmentswithpossibleimpairmentsincludinganexpectedlyunrecoverableprincipal:
□Applicable√NotapplicableVIIInvestmentsinDerivativeFinancialInstruments√Applicable□Notapplicable
Fundingsource | U.S.dollarfinancings |
Legalmattersinvolved(ifapplicable) | N/A |
Disclosuredateofboardannouncementapprovingderivativeinvestment(ifany) | 24May2014 |
Disclosuredateofgeneralmeetingannouncementapproving | 10June2014 |
derivativeinvestment(ifany)
derivativeinvestment(ifany) | |
AnalysisofrisksandcontrolmeasuresassociatedwithderivativeinvestmentsheldinReportingPeriod(includingbutnotlimitedtomarketrisk,liquidityrisk,creditrisk,operationalrisk,legalrisk,etc.) | Weengageinforwardforextransactionstoreducethecurrencyriskwhensecuringforeign-currencyfinancing.Thisisveryneededinourroutineoperationandisincompliancewiththeapplicablelawsandregulations.WehaveformulatedtheManagementRulesofKonkaGroupCo.,Ltd.forInvestmentInDerivativeFinancialInstruments,makingcleartherelevantconsiderationandapprovalprocedure,riskcontrol,etc..WealwayssignforwardforexcontractswithlargebankssuchastheBankofChina,whichoperatesteadilyandhavegoodcreditstanding,whichcouldhelppreventlossonforwardforexcontractsduetobankfailure. |
ChangesinmarketpricesorfairvalueofderivativeinvestmentsinReportingPeriod(fairvalueanalysisshouldincludemeasurementmethodandrelatedassumptionsandparameters) | Howweusuallymeasurethefairvalueofderivativefinancialinstruments:BasedontheforwardforexsalesandpurchasecontractsthataresignedbetweentheCompanyandbanksandhavenotexpiredinaReportingPeriod,werecognizethedifferencesbetweenthequotationsforthesecontractsonthebalancesheetdatesprovidedbythebanksandthecontractualpricesastransactionalfinancialassetsorliabilities,andtheprofit/lossonfairvaluechangesisrecognizedaccordingly.Becausethesecontractshavelockedinexchangerates,nochangeswilloccurwhencomparingthefairvalueonsigningdateswiththatondeliverydates. |
MajorchangesinaccountingpoliciesandspecificaccountingprinciplesadoptedforderivativeinvestmentsinReportingPeriodcomparedtolastreportingperiod | Nomaterialchanges |
Opinionofindependentdirectorsonderivativeinvestmentsandriskcontrol | ItisconsiderednecessaryfortheCompanytolockinforeign-currencyfinancingcoststhroughfinancialinstruments,becauseitcouldeffectivelyreducethecurrencyriskwhensecuringforeign-currencyfinancing.TheCompanyhasformulatedtheinternalcontrolmechanismforinvestmentinderivativefinancialinstruments,andtherelevantriskcontrolmeasuresthattheCompanyhastakenareconsideredeffective. |
Unit:RMB’0,000
Typeofderivativefinancialinstrument | Beginningcontractualamount | Endingcontractualamount | Gain/lossinReportingPeriod | EndinginvestmentamountasapercentageoftheCompany’sendingnetassetvalue |
Forwardforeignexchangecontract | 74,021.85 | 78,363.14 | 3,082.14 | 9.78% |
VIIIVisitsPaidtotheCompanyforPurposesofResearch,Communication,Interview,etc.duringReportingPeriod□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IXIrregularitiesinProvisionofGuaranteesforExternalParties□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
XOccupationoftheCompany’sCapitalbyControllingShareholderorItsRelatedPartiesforNon-OperatingPurposes□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartIVFinancialStatements
IFinancialStatements1.ConsolidatedBalanceSheetPreparedbyKonkaGroupCo.,Ltd.30September2018
Unit:RMB
Item
Item | 30September2018 | 31December2017 |
Currentassets: | ||
Monetarycapital | 4,076,675,667.50 | 3,212,044,851.08 |
Settlementreserve | ||
Interbankloansgranted | ||
Financialassetsatfairvaluethroughprofitorloss | 23,198,545.84 | 296,799.53 |
Derivativefinancialassets | ||
Notesandaccountsreceivable | 8,340,316,638.21 | 8,621,764,935.49 |
Including:Notesreceivable | 3,569,345,113.63 | 5,178,668,988.23 |
Accountsreceivable | 4,770,971,524.58 | 3,443,095,947.26 |
Prepayments | 1,271,782,723.99 | 467,123,091.74 |
Premiumsreceivable | ||
Reinsurancereceivables | ||
Receivablereinsurancecontractreserve | ||
Otherreceivables | 928,237,545.58 | 184,218,356.16 |
Financialassetspurchasedunderresaleagreements | ||
Inventories | 5,833,561,767.43 | 4,690,363,565.53 |
Assetsclassifiedasheldforsale | ||
Currentportionofnon-currentassets | 2,844,117.50 | |
Othercurrentassets | 1,546,759,137.20 | 1,715,326,868.81 |
Totalcurrentassets | 22,023,376,143.25 | 18,891,138,468.34 |
Non-currentassets: | ||
Loansandadvancestocustomers | ||
Available-for-salefinancialassets | 873,112,236.33 | 712,170,399.09 |
Held-to-maturityinvestments | ||
Long-termreceivables | 706,595,979.87 |
Long-termequityinvestments
Long-termequityinvestments | 2,417,508,165.57 | 1,319,987,343.74 |
Investmentproperty | 212,232,174.29 | 216,455,629.99 |
Fixedassets | 2,305,024,733.93 | 1,587,170,348.35 |
Constructioninprogress | 790,894,726.10 | 135,863,821.01 |
Productivelivingassets | ||
Oilandgasassets | ||
Intangibleassets | 498,801,019.69 | 205,057,773.69 |
R&Dexpense | ||
Goodwill | 864,418,367.99 | 3,597,657.15 |
Long-termprepaidexpense | 109,741,833.73 | 150,060,937.30 |
Deferredincometaxassets | 586,195,079.79 | 307,942,263.12 |
Othernon-currentassets | 71,521,808.37 | 29,290,828.00 |
Totalnon-currentassets | 9,436,046,125.66 | 4,667,597,001.44 |
Totalassets | 31,459,422,268.91 | 23,558,735,469.78 |
Currentliabilities: | ||
Short-termborrowings | 12,159,913,288.77 | 6,927,472,037.35 |
Borrowingsfromcentralbank | ||
Customerdepositsandinterbankdeposits | ||
Interbankloansobtained | ||
Financialliabilitiesatfairvaluethroughprofitorloss | 443,528.00 | 47,482,470.50 |
Derivativefinancialliabilities | ||
Notesandaccountspayable | 4,366,053,416.81 | 4,153,391,578.68 |
Advancesfromcustomers | 927,567,645.90 | 640,510,784.17 |
Financialassetssoldunderrepurchaseagreements | ||
Handlingchargesandcommissionspayable | ||
Payrollpayable | 281,181,764.05 | 291,370,297.67 |
Taxespayable | 268,099,904.56 | 1,326,569,094.53 |
Otherpayables | 2,572,819,506.51 | 1,644,083,269.81 |
Reinsurancepayables | ||
Insurancecontractreserve | ||
Payablesforactingtradingofsecurities | ||
Payablesforunderwritingofsecurities | ||
Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
Currentportionofnon-currentliabilities | 12,135,739.84 | 374,358.99 |
Othercurrentliabilities
Othercurrentliabilities | ||
Totalcurrentliabilities | 20,588,214,794.44 | 15,031,253,891.70 |
Non-currentliabilities: | ||
Long-termborrowings | 523,000,000.00 | 167,000,000.00 |
Bondspayable | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Long-termpayables | 724,238,969.59 | 61,538.46 |
Long-termpayrollpayable | 10,169,777.94 | 13,361,821.86 |
Provisions | 288,634.49 | 6,181,865.10 |
Deferredincome | 115,789,446.71 | 130,049,911.87 |
Deferredincometaxliabilities | 58,033,748.68 | 12,636,633.40 |
Othernon-currentliabilities | ||
Totalnon-currentliabilities | 1,431,520,577.41 | 329,291,770.69 |
Totalliabilities | 22,019,735,371.85 | 15,360,545,662.39 |
Owners’equity: | ||
Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
Otherequityinstruments | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Capitalreserves | 104,732,242.30 | 104,732,242.30 |
Less:Treasurystock | ||
Othercomprehensiveincome | -14,527,694.38 | 3,697,458.95 |
Specificreserve | ||
Surplusreserves | 1,217,644,874.79 | 1,217,644,874.79 |
Generalreserve | ||
Retainedearnings | 4,299,873,046.43 | 4,260,125,492.57 |
TotalequityattributabletoownersoftheCompanyastheparent | 8,015,667,877.14 | 7,994,145,476.61 |
Non-controllinginterests | 1,424,019,019.92 | 204,044,330.78 |
Totalowners’equity | 9,439,686,897.06 | 8,198,189,807.39 |
Totalliabilitiesandowners’equity | 31,459,422,268.91 | 23,558,735,469.78 |
Legalrepresentative:LiuFengxiChiefFinancialOfficer:LiChunleiHeadoffinancialdepartment:FengJunxiu
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
Item
Item | 30September2018 | 31December2017 |
Currentassets: | ||
Monetarycapital | 1,775,589,124.86 | 1,760,838,390.83 |
Financialassetsatfairvaluethroughprofitorloss | 23,198,545.84 | 296,799.53 |
Derivativefinancialassets | ||
Notesandaccountsreceivable | 10,501,092,995.23 | 7,596,218,302.24 |
Including:Notesreceivable | 1,827,449,083.56 | 2,864,064,309.99 |
Accountsreceivable | 8,673,643,911.67 | 4,732,153,992.25 |
Prepayments | 1,961,297,504.54 | 1,066,260,182.37 |
Otherreceivables | 4,048,187,670.10 | 4,341,467,382.86 |
Inventories | 311,558,704.81 | 2,090,697,937.23 |
Assetsclassifiedasheldforsale | ||
Currentportionofnon-currentassets | 100,000,000.00 | |
Othercurrentassets | 878,813,025.79 | 1,547,454,872.74 |
Totalcurrentassets | 19,499,737,571.17 | 18,503,233,867.80 |
Non-currentassets: | ||
Available-for-salefinancialassets | 565,612,236.33 | 562,612,236.33 |
Held-to-maturityinvestments | ||
Long-termreceivables | ||
Long-termequityinvestments | 5,327,019,276.57 | 2,649,074,424.45 |
Investmentproperty | 212,232,174.29 | 216,455,629.99 |
Fixedassets | 467,865,515.67 | 482,020,892.58 |
Constructioninprogress | 99,387,467.10 | 79,927,345.88 |
Productivelivingassets | ||
Oilandgasassets | ||
Intangibleassets | 90,780,033.00 | 91,718,400.70 |
R&Dexpense | ||
Goodwill | ||
Long-termprepaidexpense | 83,593,443.35 | 78,305,555.97 |
Deferredincometaxassets | 473,094,215.80 | 279,324,511.96 |
Othernon-currentassets | 20,000,000.00 | 20,000,000.00 |
Totalnon-currentassets | 7,339,584,362.11 | 4,459,438,997.86 |
Totalassets | 26,839,321,933.28 | 22,962,672,865.66 |
Currentliabilities: |
Short-termborrowings
Short-termborrowings | 7,364,190,141.56 | 3,269,730,888.60 |
Financialliabilitiesatfairvaluethroughprofitorloss | 443,528.00 | 47,482,470.50 |
Derivativefinancialliabilities | ||
Notesandaccountspayable | 8,792,773,028.90 | 8,561,630,481.98 |
Advancesfromcustomers | 330,530,942.86 | 601,036,147.76 |
Payrollpayable | 153,454,774.54 | 163,066,135.71 |
Taxespayable | 92,860,929.35 | 1,070,771,570.12 |
Otherpayables | 2,413,839,215.18 | 1,918,409,927.12 |
Liabilitiesdirectlyassociatedwithassetsclassifiedasheldforsale | ||
Currentportionofnon-currentliabilities | ||
Othercurrentliabilities | ||
Totalcurrentliabilities | 19,148,092,560.39 | 15,632,127,621.79 |
Non-currentliabilities: | ||
Long-termborrowings | 285,000,000.00 | 167,000,000.00 |
Bondspayable | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Long-termpayables | ||
Long-termpayrollpayable | ||
Provisions | 288,634.49 | 6,181,865.10 |
Deferredincome | 85,485,533.22 | 94,590,560.82 |
Deferredincometaxliabilities | 30,015,322.73 | |
Othernon-currentliabilities | ||
Totalnon-currentliabilities | 400,789,490.44 | 267,772,425.92 |
Totalliabilities | 19,548,882,050.83 | 15,899,900,047.71 |
Owners’equity: | ||
Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
Otherequityinstruments | ||
Including:Preferredshares | ||
Perpetualbonds | ||
Capitalreserves | 111,525,163.22 | 111,525,163.22 |
Less:Treasurystock | ||
Othercomprehensiveincome | -1,646,283.60 | -1,970,304.62 |
Specificreserve |
Surplusreserves
Surplusreserves | 1,217,644,874.79 | 1,217,644,874.79 |
Retainedearnings | 3,554,970,720.04 | 3,327,627,676.56 |
Totalowners’equity | 7,290,439,882.45 | 7,062,772,817.95 |
Totalliabilitiesandowners’equity | 26,839,321,933.28 | 22,962,672,865.66 |
3.ConsolidatedIncomeStatementforQ3
Unit:RMB
Item | Q32018 | Q32017 |
1.Revenue | 12,136,315,129.29 | 8,757,653,006.20 |
Including:Operatingrevenue | 12,136,315,129.29 | 8,757,653,006.20 |
Interestincome | ||
Premiumincome | ||
Handlingchargeandcommissionincome | ||
2.Operatingcostsandexpenses | 12,513,181,900.60 | 8,752,019,700.99 |
Including:Costofsales | 11,621,326,279.61 | 7,922,849,249.06 |
Interestexpense | ||
Handlingchargeandcommissionexpense | ||
Surrenders | ||
Netclaimspaid | ||
Netamountprovidedasinsurancecontractreserve | ||
Expenditureonpolicydividends | ||
Reinsurancepremiumexpense | ||
Taxesandsurcharges | 22,256,789.30 | 71,791,544.49 |
Sellingexpense | 511,335,968.05 | 510,030,189.59 |
Administrativeexpense | 194,171,683.61 | 94,181,249.13 |
R&Dexpense | 89,738,422.31 | 69,036,697.70 |
Financecosts | 68,240,652.10 | 86,178,068.83 |
Including:Interestexpense | 266,966,287.29 | 115,236,884.80 |
Interestincome | 98,892,687.14 | 30,063,671.03 |
Assetimpairmentloss | 6,112,105.62 | -2,047,297.81 |
Add:Otherincome | 141,693,252.31 | 8,824,888.51 |
Investmentincome(“-”forloss) | 270,593,341.32 | 108,748,021.30 |
Including:Shareofprofitorlossofjointventuresandassociates | 7,581,610.96 | -5,172,588.27 |
Gainonchangesinfairvalue(“-”forloss) | 10,085,276.33 | -33,599,441.19 |
Foreignexchangegain(“-”forloss) |
Assetdisposalincome(“-”forloss)
Assetdisposalincome(“-”forloss) | -147,012.51 | |
3.Operatingprofit(“-”forloss) | 45,358,086.14 | 89,606,773.83 |
Add:Non-operatingincome | 15,634,997.65 | 32,615,396.90 |
Less:Non-operatingexpense | 5,920,162.45 | 5,496,656.85 |
4.Profitbeforetax(“-”forloss) | 55,072,921.34 | 116,725,513.88 |
Less:Incometaxexpense | -115,426,383.66 | 16,307,135.59 |
5.Netprofit(“-”fornetloss) | 170,499,305.00 | 100,418,378.29 |
5.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
5.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
NetprofitattributabletoownersoftheCompanyastheparent | 88,041,649.48 | 97,974,481.26 |
Netprofitattributabletonon-controllinginterests | 82,457,655.52 | 2,443,897.03 |
6.Othercomprehensiveincome,netoftax | -12,097,422.41 | 6,030,691.93 |
AttributabletoownersoftheCompanyastheparent | -13,373,312.59 | 6,042,757.71 |
6.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
6.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
6.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
6.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | -13,373,312.59 | 6,042,757.71 |
6.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
6.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | 21,330.65 | |
6.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
6.2.4Effectivegain/lossoncashflowhedges | ||
6.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | -13,373,312.59 | 6,021,427.06 |
6.2.6Other | ||
Attributabletonon-controllinginterests | 1,275,890.18 | -12,065.78 |
7.Totalcomprehensiveincome | 158,401,882.59 | 106,449,070.22 |
AttributabletoownersoftheCompanyastheparent | 74,668,336.89 | 104,017,238.97 |
Attributabletonon-controllinginterests | 83,733,545.70 | 2,431,831.25 |
8.Earningspershare | ||
8.1Basicearningspershare | 0.0366 | 0.0407 |
8.2Dilutedearningspershare
8.2Dilutedearningspershare | 0.0366 | 0.0407 |
Legalrepresentative:LiuFengxiChiefFinancialOfficer:LiChunleiHeadoffinancialdepartment:FengJunxiu
4.IncomeStatementoftheCompanyastheParentforQ3
Unit:RMB
Item | Q32018 | Q32017 |
1.Operatingrevenue | 4,440,642,646.78 | 3,637,822,430.85 |
Less:Costofsales | 4,461,216,408.91 | 3,285,464,737.51 |
Taxesandsurcharges | 3,290,938.91 | 6,078,418.20 |
Sellingexpense | 318,949,025.34 | 369,047,354.26 |
Administrativeexpense | 116,016,183.63 | 48,517,847.59 |
R&Dexpense | 26,533,247.55 | 56,834,001.84 |
Financecosts | 42,077,470.06 | 84,765,740.63 |
Including:Interestexpense | 157,525,819.04 | 102,050,421.87 |
Interestincome | 47,340,463.92 | 26,722,362.75 |
Assetimpairmentloss | ||
Add:Otherincome | 37,349,655.22 | 5,955,256.85 |
Investmentincome(“-”forloss) | 282,414,798.36 | 91,017,958.19 |
Including:Shareofprofitorlossofjointventuresandassociates | -7,560,003.70 | -4,372,739.06 |
Gainonchangesinfairvalue(“-”forloss) | 10,085,276.33 | -47,067,901.39 |
Assetdisposalincome(“-”forloss) | 607.74 | |
2.Operatingprofit(“-”forloss) | -197,590,289.97 | -162,980,355.53 |
Add:Non-operatingincome | 966,927.34 | 8,944,099.57 |
Less:Non-operatingexpense | 285,098.31 | 1,422,633.94 |
3.Profitbeforetax(“-”forloss) | -196,908,460.94 | -155,458,889.90 |
Less:Incometaxexpense | -77,096,924.08 | -45,753,296.57 |
4.Netprofit(“-”fornetloss) | -119,811,536.86 | -109,705,593.33 |
4.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
5.Othercomprehensiveincome,netoftax | 5,222,526.42 | -476,538.62 |
5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
5.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
5.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod |
5.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss
5.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | 5,222,526.42 | -476,538.62 |
5.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
5.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | 4,296,185.76 | |
5.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
5.2.4Effectivegain/lossoncashflowhedges | ||
5.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | 926,340.66 | -476,538.62 |
5.2.6Other | ||
6.Totalcomprehensiveincome | -114,589,010.44 | -110,182,131.95 |
7.Earningspershare | ||
7.1Basicearningspershare | ||
7.2Dilutedearningspershare |
5.ConsolidatedIncomeStatementforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Revenue | 29,761,729,899.11 | 20,163,618,985.63 |
Including:Operatingrevenue | 29,761,729,899.11 | 20,163,618,985.63 |
Interestincome | ||
Premiumincome | ||
Handlingchargeandcommissionincome | ||
2.Operatingcostsandexpenses | 30,546,938,674.14 | 20,247,905,896.83 |
Including:Costofsales | 28,063,582,724.87 | 18,033,040,507.13 |
Interestexpense | ||
Handlingchargeandcommissionexpense | ||
Surrenders | ||
Netclaimspaid | ||
Netamountprovidedasinsurancecontractreserve | ||
Expenditureonpolicydividends | ||
Reinsurancepremiumexpense | ||
Taxesandsurcharges | 49,903,363.92 | 106,221,136.53 |
Sellingexpense | 1,614,517,042.56 | 1,484,033,496.13 |
Administrativeexpense | 421,990,456.18 | 261,536,322.23 |
R&Dexpense
R&Dexpense | 226,747,319.07 | 165,789,725.57 |
Financecosts | 104,533,561.51 | 197,060,964.29 |
Including:Interestexpense | 495,028,664.94 | 281,156,133.12 |
Interestincome | 238,028,339.28 | 91,651,593.91 |
Assetimpairmentloss | 65,664,206.03 | 223,744.95 |
Add:Otherincome | 264,719,535.81 | 45,663,280.02 |
Investmentincome(“-”forloss) | 802,351,913.03 | 175,753,593.36 |
Including:Shareofprofitorlossofjointventuresandassociates | 13,656,793.55 | -9,746,882.46 |
Gainonchangesinfairvalue(“-”forloss) | 69,940,688.81 | -136,677,198.92 |
Foreignexchangegain(“-”forloss) | ||
Assetdisposalincome(“-”forloss) | 63,575,092.87 | |
3.Operatingprofit(“-”forloss) | 415,378,455.49 | 452,763.26 |
Add:Non-operatingincome | 42,852,490.62 | 155,962,505.19 |
Less:Non-operatingexpense | 11,871,912.02 | 9,132,194.96 |
4.Profitbeforetax(“-”forloss) | 446,359,034.09 | 147,283,073.49 |
Less:Incometaxexpense | -132,872,432.79 | 12,468,362.62 |
5.Netprofit(“-”fornetloss) | 579,231,466.88 | 134,814,710.87 |
5.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
5.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
NetprofitattributabletoownersoftheCompanyastheparent | 429,834,688.51 | 128,845,749.12 |
Netprofitattributabletonon-controllinginterests | 149,396,778.37 | 5,968,961.75 |
6.Othercomprehensiveincome,netoftax | -16,498,381.12 | 3,804,131.34 |
AttributabletoownersoftheCompanyastheparent | -18,225,153.33 | 3,793,051.23 |
6.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
6.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
6.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
6.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | -18,225,153.33 | 3,793,051.23 |
6.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
6.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | -31,342.08 | -11,326,667.93 |
6.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets |
6.2.4Effectivegain/lossoncashflowhedges
6.2.4Effectivegain/lossoncashflowhedges | ||
6.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | -18,193,811.25 | 15,119,719.16 |
6.2.6Other | ||
Attributabletonon-controllinginterests | 1,726,772.21 | 11,080.11 |
7.Totalcomprehensiveincome | 562,733,085.76 | 138,618,842.21 |
AttributabletoownersoftheCompanyastheparent | 411,609,535.18 | 132,638,800.35 |
Attributabletonon-controllinginterests | 151,123,550.58 | 5,980,041.86 |
8.Earningspershare | ||
8.1Basicearningspershare | 0.1785 | 0.0535 |
8.2Dilutedearningspershare | 0.1785 | 0.0535 |
6.IncomeStatementoftheCompanyastheParentforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Operatingrevenue | 10,997,211,162.08 | 9,910,535,075.58 |
Less:Costofsales | 10,419,241,341.62 | 8,729,304,645.07 |
Taxesandsurcharges | 13,586,744.27 | 16,947,221.66 |
Sellingexpense | 1,115,535,743.30 | 1,080,921,951.42 |
Administrativeexpense | 241,930,804.62 | 138,351,880.64 |
R&Dexpense | 128,379,273.19 | 155,310,598.70 |
Financecosts | 188,923,238.66 | 212,325,826.30 |
Including:Interestexpense | 445,544,643.70 | 297,300,342.27 |
Interestincome | 160,404,469.05 | 69,627,939.33 |
Assetimpairmentloss | 36,873,991.62 | 2,244,928.43 |
Add:Otherincome | 79,741,765.34 | 32,371,847.25 |
Investmentincome(“-”forloss) | 1,441,862,076.64 | 168,781,887.76 |
Including:Shareofprofitorlossofjointventuresandassociates | 5,680,179.60 | -10,868,433.24 |
Gainonchangesinfairvalue(“-”forloss) | 69,940,688.81 | -110,323,281.75 |
Assetdisposalincome(“-”forloss) | 19,557.06 | |
2.Operatingprofit(“-”forloss) | 444,304,112.65 | -334,041,523.38 |
Add:Non-operatingincome | 14,841,432.79 | 55,898,870.46 |
Less:Non-operatingexpense | 5,725,462.45 | 4,011,872.35 |
3.Profitbeforetax(“-”forloss) | 453,420,082.99 | -282,154,525.27 |
Less:Incometaxexpense | -164,010,095.13 | -83,867,535.94 |
4.Netprofit(“-”fornetloss)
4.Netprofit(“-”fornetloss) | 617,430,178.12 | -198,286,989.33 |
4.1Netprofitfromcontinuingoperations(“-”fornetloss) | ||
4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
5.Othercomprehensiveincome,netoftax | 5,546,547.44 | -12,284,652.66 |
5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
5.1.1Changesinnetliabilitiesorassetscausedbyremeasurementsondefinedbenefitpensionschemes | ||
5.1.2Shareofothercomprehensiveincomeofinvesteesthatwillnotbereclassifiedtoprofitorlossunderequitymethod | ||
5.2Itemsthatmaysubsequentlybereclassifiedtoprofitorloss | 5,546,547.44 | -12,284,652.66 |
5.2.1Shareofothercomprehensiveincomeofinvesteesthatwillbereclassifiedtoprofitorlossunderequitymethod | ||
5.2.2Gain/Lossonchangesinfairvalueofavailable-for-salefinancialassets | 4,296,185.76 | -11,358,312.00 |
5.2.3Gain/Lossarisingfromreclassificationofheld-to-maturityinvestmentstoavailable-for-salefinancialassets | ||
5.2.4Effectivegain/lossoncashflowhedges | ||
5.2.5Differencesarisingfromtranslationofforeigncurrency-denominatedfinancialstatements | 1,250,361.68 | -926,340.66 |
5.2.6Other | ||
6.Totalcomprehensiveincome | 622,976,725.56 | -210,571,641.99 |
7.Earningspershare | ||
7.1Basicearningspershare | ||
7.2Dilutedearningspershare |
7.ConsolidatedCashFlowStatementforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Cashflowsfromoperatingactivities: | ||
Proceedsfromsaleofcommoditiesandrenderingofservices | 24,472,986,972.47 | 12,987,769,338.60 |
Netincreaseincustomerdepositsandinterbankdeposits | ||
Netincreaseinborrowingsfromcentralbank | ||
Netincreaseinloansfromotherfinancialinstitutions | ||
Premiumsreceivedonoriginalinsurancecontracts | ||
Netproceedsfromreinsurance | ||
Netincreaseindepositsandinvestmentsofpolicyholders | ||
Netincreaseinproceedsfromdisposaloffinancialassetsatfairvaluethroughprofitorloss |
Interest,handlingchargesandcommissionsreceived
Interest,handlingchargesandcommissionsreceived | ||
Netincreaseininterbankloansobtained | ||
Netincreaseinproceedsfromrepurchasetransactions | ||
Taxrebates | 312,128,742.81 | 130,863,528.45 |
Cashgeneratedfromotheroperatingactivities | 2,865,828,267.19 | 2,759,126,679.00 |
Subtotalofcashgeneratedfromoperatingactivities | 27,650,943,982.47 | 15,877,759,546.05 |
Paymentsforcommoditiesandservices | 24,117,693,794.31 | 11,185,702,814.55 |
Netincreaseinloansandadvancestocustomers | ||
Netincreaseindepositsincentralbankandininterbankloansgranted | ||
Paymentsforclaimsonoriginalinsurancecontracts | ||
Interest,handlingchargesandcommissionspaid | ||
Policydividendspaid | ||
Cashpaidtoandforemployees | 1,235,221,504.02 | 713,115,942.78 |
Taxespaid | 1,593,043,900.48 | 1,158,672,182.51 |
Cashusedinotheroperatingactivities | 3,601,969,084.22 | 3,967,958,429.50 |
Subtotalofcashusedinoperatingactivities | 30,547,928,283.03 | 17,025,449,369.34 |
Netcashgeneratedfrom/usedinoperatingactivities | -2,896,984,300.56 | -1,147,689,823.29 |
2.Cashflowsfrominvestingactivities: | ||
Proceedsfromdisinvestment | 45,531,154.28 | 224,007,998.00 |
Investmentincome | 100,982,942.46 | 111,276,583.85 |
Netproceedsfromdisposaloffixedassets,intangibleassetsandotherlong-livedassets | 1,851,025.13 | 172,255.79 |
Netproceedsfromdisposalofsubsidiariesorotherbusinessunits | 141,294,742.26 | |
Cashgeneratedfromotherinvestingactivities | 1,392,285,000.00 | 1,564,279,083.79 |
Subtotalofcashgeneratedfrominvestingactivities | 1,681,944,864.13 | 1,899,735,921.43 |
Paymentsforacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 267,022,282.19 | 72,123,850.33 |
Paymentsforinvestments | 450,546,156.00 | 2,022,767,387.50 |
Netincreaseinpledgedloansgranted | ||
Netpaymentsforacquisitionofsubsidiariesandotherbusinessunits | 927,532,476.11 | |
Cashusedinotherinvestingactivities | 774,880,000.00 | 922,780,798.39 |
Subtotalofcashusedininvestingactivities | 2,419,980,914.30 | 3,017,672,036.22 |
Netcashgeneratedfrom/usedininvestingactivities | -738,036,050.17 | -1,117,936,114.79 |
3.Cashflowsfromfinancingactivities:
3.Cashflowsfromfinancingactivities: | ||
Capitalcontributionsreceived | 189,790,594.60 | |
Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | 189,790,594.60 | |
Increaseinborrowingsobtained | 11,340,498,767.13 | 4,899,799,364.16 |
Netproceedsfromissuanceofbonds | ||
Cashgeneratedfromotherfinancingactivities | 1,023,076.93 | |
Subtotalofcashgeneratedfromfinancingactivities | 11,531,312,438.66 | 4,899,799,364.16 |
Repaymentofborrowings | 6,369,248,011.05 | 1,502,962,221.73 |
Paymentsforinterestanddividends | 668,095,998.12 | 640,026,892.15 |
Including:Dividendspaidbysubsidiariestonon-controllinginterests | 1,629,621.25 | |
Cashusedinotherfinancingactivities | 77,087,550.43 | 435,233,291.92 |
Subtotalofcashusedinfinancingactivities | 7,114,431,559.60 | 2,578,222,405.80 |
Netcashgeneratedfrom/usedinfinancingactivities | 4,416,880,879.06 | 2,321,576,958.36 |
4.Effectofforeignexchangeratechangesoncashandcashequivalents | 22,282,446.23 | -41,200,286.25 |
5.Netincreaseincashandcashequivalents | 804,142,974.56 | 14,750,734.03 |
Add:Cashandcashequivalents,beginningoftheperiod | 3,097,899,703.76 | 1,743,269,944.67 |
6.Cashandcashequivalents,endoftheperiod | 3,902,042,678.32 | 1,758,020,678.70 |
8.CashFlowStatementoftheCompanyastheParentforQ1~Q3
Unit:RMB
Item | Q1~Q32018 | Q1~Q32017 |
1.Cashflowsfromoperatingactivities: | ||
Proceedsfromsaleofcommoditiesandrenderingofservices | 12,987,769,338.60 | 10,211,158,433.12 |
Taxrebates | 130,863,528.45 | 76,021,688.23 |
Cashgeneratedfromotheroperatingactivities | 2,759,126,679.00 | 2,170,305,324.47 |
Subtotalofcashgeneratedfromoperatingactivities | 15,877,759,546.05 | 12,457,485,445.82 |
Paymentsforcommoditiesandservices | 11,185,702,814.55 | 8,461,788,230.31 |
Cashpaidtoandforemployees | 713,115,942.78 | 706,071,622.42 |
Taxespaid | 1,158,672,182.51 | 94,128,545.77 |
Cashusedinotheroperatingactivities | 3,967,958,429.50 | 4,917,518,293.15 |
Subtotalofcashusedinoperatingactivities | 17,025,449,369.34 | 14,179,506,691.65 |
Netcashgeneratedfrom/usedinoperatingactivities | -1,147,689,823.29 | -1,722,021,245.83 |
2.Cashflowsfrominvestingactivities: | ||
Proceedsfromdisinvestment | 224,007,998.00 | 180,900,000.00 |
Investmentincome
Investmentincome | 111,276,583.85 | 163,986,057.87 |
Netproceedsfromdisposaloffixedassets,intangibleassetsandotherlong-livedassets | 172,255.79 | 189,841.88 |
Netproceedsfromdisposalofsubsidiariesorotherbusinessunits | ||
Cashgeneratedfromotherinvestingactivities | 1,564,279,083.79 | 1,508,699,563.18 |
Subtotalofcashgeneratedfrominvestingactivities | 1,899,735,921.43 | 1,853,775,462.93 |
Paymentsforacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 72,123,850.33 | 51,879,502.86 |
Paymentsforinvestments | 2,022,767,387.50 | 804,349,598.00 |
Netpaymentsforacquisitionofsubsidiariesandotherbusinessunits | ||
Cashusedinotherinvestingactivities | 922,780,798.39 | 2,361,142,417.74 |
Subtotalofcashusedininvestingactivities | 3,017,672,036.22 | 3,217,371,518.60 |
Netcashgeneratedfrom/usedininvestingactivities | -1,117,936,114.79 | -1,363,596,055.67 |
3.Cashflowsfromfinancingactivities: | ||
Capitalcontributionsreceived | ||
Increaseinborrowingsobtained | 4,899,799,364.16 | 5,407,249,831.51 |
Netproceedsfromissuanceofbonds | ||
Cashgeneratedfromotherfinancingactivities | 141,159,174.39 | |
Subtotalofcashgeneratedfromfinancingactivities | 4,899,799,364.16 | 5,548,409,005.90 |
Repaymentofborrowings | 1,502,962,221.73 | 2,483,733,952.31 |
Paymentsforinterestanddividends | 640,026,892.15 | 199,132,587.57 |
Cashusedinotherfinancingactivities | 435,233,291.92 | 574,376.15 |
Sub-totalofcashusedinfinancingactivities | 2,578,222,405.80 | 2,683,440,916.03 |
Netcashgeneratedfrom/usedinfinancingactivities | 2,321,576,958.36 | 2,864,968,089.87 |
4.Effectofforeignexchangeratechangesoncashandcashequivalents | -41,200,286.25 | -1,161,524.85 |
5.Netincreaseincashandcashequivalents | 14,750,734.03 | -221,810,736.48 |
Add:Cashandcashequivalents,beginningoftheperiod | 1,743,269,944.67 | 973,613,753.40 |
6.Cashandcashequivalents,endoftheperiod | 1,758,020,678.70 | 751,803,016.92 |
IIIndependentAuditor’sReport
Indicatebytickmarkwhetherthefinancialstatementsabovehavebeenauditedbyanindependentauditor.□Yes√NoThesefinancialstatementshavenotbeenauditedbysuchanauditor.
TheBoardofDirectors
KonkaGroupCo.,Ltd.
30October2018