Dalian Refrigeration Co., Ltd.
QUARTERLY REPORT FOR THIRD QUARTER,
2018
October, 2018
§1 Important Notes
1.1 The directors and the Board of Directors, the supervisors and the Supervisory Board, and Senior staffmembers of Dalian Refrigeration Co., Ltd. (hereinafter referred to as the Company) hereby confirm that there areno any important omissions, fictitious statements or serious misleading carried in this report, and shall take allresponsibilities, individual and/or joint, for the reality, accuracy and completeness of the whole contents.
1.2 The Company’s quarterly financial report has not been audited.
1.3 Chairman of the Board of Directors of the Company Mr. Ji Zhijian, Financial Majordomo Mr. Ma Yun and thehead of Accounting Department Ms. Mao Chunhua hereby confirm that the financial report of the quarterly reportis true and complete.1.4 This report is written respectively in Chinese and in English. In the event of any discrepancy between the twoabove-mentioned versions, the Chinese version shall prevail.
§2 Major accounting data and changes of shareholders
2.1 Major accounting data and financial indexesIs there any traceable adjustment to the financial statements for the previous report period?
□ Yes √ No
2018.9.30 2017.12.31
Increase/decreaseover 2017.12.31
Total assets5,662,014,675.28
5,619,621,500.67
0.75%
Shareholder’s equity attributable to
parent company
3,367,379,709.38
3,416,531,064.91
-1.44%
2018.7-9
Increase/decrease
over 2017.7-9
2018.1-9
Increase/
decrease over
2017.1-9
Total operating income482,267,734.29
decrease over
4.54%
1,511,346,271.08
3.26%
Net profit attributable to parentcompany
14,417,569.50
-69.37%
73,435,111.78
-49.47%
Net profit attributable to parentcompany after deductingnon-recurring gains/losses
13,143,470.72
-72.33%
70,328,648.03
-40.13%
Net cash generated from operatingactivities
-- -- -144,478,049.04
29.04%
Basic earnings per share0.017
-69.09%
0.086
-49.41%
Diluted earnings per share0.017
-69.09%
0.086
-49.41%
Weighted average return on netasset yield
0.41%
Decrease 0.99
percentage points
2.13%
Decrease 2.22
percentage points
The net profit attributable to shareholders of listed Company significantly decreased with the same period last year,mainly because since 2018, the intensified market competition and the tight budget led to a significant decrease inthe income from complete sets of projects, and the increase in bank borrowings led to a significant increase infinancial expenses, and also the Company sold 1.5 million shares of Guotai Junan stock in the same period lastyear and obtained investment income of about RMB 27,460 thousand Yuan.
Item of non-recurring gains and losses
Amount from beginning of year to
the end of report periodProfit and loss from disposal of non-current assets130,324.63
Government subsidies which were included in the current profits and losses2,316,687.00
The cost of investment that the Company acruring subsidiary,the associated andthe joint venture are less than the book net assets of the invested entity
1,068,246.27
Other non-operating incomes and expenses except the above mentioned173,653.04
Income tax effects588,923.70
Minority equity interests effects (after tax)-6,476.51
Total3,106,463.75
2.2 Total number and particulars of the shareholders by the end of the report period
Total shareholders at the end of report period 49,116
Shareholding of top ten shareholdersName Nature Proportion
Total number
Number ofshares with
salerestriction
Number of
pledgedshares orshares frozen
Dalian Bingshan Group Co., Ltd.
Domestic non-state-ownedlegal person
19.98%
170,916,934
SANYO ELECTRIC CO LTD Overseas legal person 8.59%
73,503,150
Lin Zhenming Foreign natural person 0.74%
6,349,740
GuojinSecurities Co., Ltd. Others 0.70%
6,000,000
JOHCM INTERNATIONALSMALL CAP EQUITY FUND
Overseas legal person 0.59%
5,026,442
Wu An Domestic natural person 0.52%
4,450,000
Sun Huiming Domestic natural person 0.51%
4,384,079
BOCI SECURITIES LIMITED Overseas legal person 0.41%
3,471,602
Dalian industrial development investment Co., Ltd.
Domestic non-state-ownedlegal person
0.40%
3,406,725
Xue Hong Domestic natural person 0.34%
2,876,756
Particulars about shares held by the top ten negotiable shareholders not subject to conditional sales
Name of shareholder EORP (shares) TypeDalian Bingshan Group Co., Ltd. 170,916,934
ASANYO ELECTRIC CO LTD 73,503,150
BLin Zhenming 6,349,740
BGuojinSecurities Co., Ltd. 6,000,000
AJOHCM INTERNATIONAL SMALL CAP EQUITY FUND 5,026,442
BWu An 4,450,000
BSun Huiming 4,384,079
BBOCI SECURITIES LIMITED 3,471,602
BDalian industrial development investment Co., Ltd. 3,406,725
AXue Hong 2,876,756
BNotes to the associated relationship and uniform actions of the above shareholders
Dalian Bingshan Group Co., Ltd. had theassociation relationship with Sanyo ElectricCo., Ltd. among the above shareholders.Sanyo Electric Co., Ltd. holds 26.6
Bingshan Group Co., Ltd.'s equity.
Did the Company's shareholders conduct the agreed repurchase transactions in the reporting period?
□ Yes √ No
Information on the total number of preferred shareholders and the shares held by top ten preferred shareholders asof the end of the reporting period
□ Yes √ No
§3 Important Matters
3.1 Major changes in main financial items and indexes, and description of the cause
√ Applicable □ Inapplicable
1. Other account receivable has increased significantly over that of year-beginning, mainly because dividendreceivable which has not yet due increased in the period;2. Other current asset has decreased significantly over that of year-beginning, mainly because the bank financialproduct investment of 76 million expired and took back;3. Accounts received in advance has decreased significantly over that of year-beginning, mainly due to the accountsreceived for goods carried forward income.4. Wages payable has decreased significantly over that of year-beginning, mainly because accrual year-end bonusfor year of 2017 has paid in first quarter of 2018;5. Tax payable has decreased significantly compared with the year-beginning, mainly due to the decrease of VATpayable and income tax payable.
6. Bonds payable has increased significantly over that of year-beginning，mainly due to the Company issue
exchangeable corporate bonds privately of 176 million during this period7. Financial expenses have increased significantly on a y-o-y basis, mainly because interest expenses increased withthe growth of debt of honour in the period;8. Non-operation revenue has decreased significantly on a y-o-y basis,mainly because at same period of last year,
the Company received government subsidies;9. Net cash flow from investing activities has increased significantly y-o-y basis, mainly due to the bank financialproduct investment of 76 million expired and took back, and at same period of last year we purchased 49% equityof Dalian Bingshan Metal Technology Co., Ltd and 76% equity of Dalian Bingshan Engineering & Trading Co.,Ltd from the controlling shareholder of the Company.10. Net cash flow arising from financing activities has decreased significantly on a y-o-y basis, mainly becauserepayment of bank loans increased.
3.2 Analytic description of major matters, their influence and solutions
Applicable√ Inapplicable
3.3 Commitments of the Company or its shareholders holding 5% or higher of the shares in the reporting period orcarried to the reporting period
Applicable√ Inapplicable
3.4 Precautions on forecasting of 2018, the accumulated net profit may be turned into loss or change greatlycompared with that in the same period of the last year, and description of the cause
□ Applicable √ Inapplicable
3.5 Securities investment
√ Applicable□ Inapplicable
Stockcode
Stockabbreviation
Initialinvestment
cost
Accountingmeasurement
model
the beginning
| Book value at |
Changes
in theprofit andloss of thefair value
in thisperiod
Accumulativechange of fairvalue credited to
equity
Current sale
amount
Report periodprofit and loss
Book value in the
ending
Accounting
subjects
Sourceof funds
| Book value in the | ||
601211
Guotai Jun’an
27,098,895.00
fair valuemeasurement
501,871,535.40
0.00
380,538,009.30
0.00
10,839,558.00
406,212,436.05
Financial
for sale
Ownfunds
assets available
Other SecuritiesInvestment
0.00
--0.00
0.00
0.00
0.00
0.00
0.00
-- --total27,098,895.00
--501,871,535.40
0.00
380,538,009.30
0.00
10,839,558.00
406,212,436.05
-- --
3.6 Trust management
□ Applicable √ Inapplicable
3.7 Derivative investment
□ Applicable √ Not applicable
During the reporting period, the Company does not exist derivative investment.3.8 Table of investigation, communication, interview received
□ Applicable √ Not applicable
3.9 Violation of guaranty
□ Applicable √ Not applicable
3.10 Non-operation capital occupation by holding shareholders and their related parties in the listed company
□ Applicable √ Not applicable§4 Financial Report (attached)
Not audited.
Board of Directors of Dalian Refrigeration Co., Ltd.
October 27, 2018
BALANCE SHEET
Prepared by Dalian Refrigeration Co., Ltd. September30, 2018 Unit: RMB Yuan
Assets
30-Sep-2018 31-Dec-2017Consolidation Parent Company
Consolidation Parent Company
Current assets:
Monetary funds
| 318,072,183.03 | 213,833,025.66 |
| 394,809,694.11 | 234,655,092.14 |
which changes are recorded in current profit and loss
| Financial assets which are measured by fair value and | |||
Derivative financial assets
and Accounts receivable
| Notes receivable | 1,368,672,186.93 |
| 476,258,601.62 | 1,209,074,071.99 |
Including: Notes receivable 126,156,594.95
414,013,403.75
48,028,756.00
172,818,176.2057,455,446.82
Accounts receivable 1,242,515,591.98
428,229,845.62
1,036,255,895.79356,557,956.93
Accounts in advance
171,099,703.45
| 171,099,703.45 | 65,365,127.92 |
| 140,808,375.21 | 33,125,666.30 |
Other receivables
| 75,589,851.89 | 39,499,131.15 |
| 53,954,243.16 | 4,694,581.36 |
Inventories
192,357,488.85
| 445,048,888.74 |
| 352,279,664.64 | 149,549,915.80 |
Assets held for sale
-current asset due within one year
| Non |
Other current assets
| 7,890,405.48 | 3,120,550.83 | 114,907,269.33 |
Total current assets
102,402,409.842,386,373,219.52
| 2,386,373,219.52 | 990,433,926.03 |
2,
| 265,833,318.44 | 938,441,069.19 |
-current assets:
| Non |
Finance asset held available for sales
| 420,224,094.64 | 418,808,952.14 | 515,783,193.99 |
Held-to-maturity investment
514,468,051.49
Long-term account receivable
Long-term equity investment
| 1,590,092,101.83 | 2,072,950,798.99 |
| 1,568,255,738.12 | 2,044,438,551.88 |
Investment property
| 101,591,482.64 | 112,639,336.71 |
| 103,861,275.27 | 114,812,363.92 |
Fixed assets
| 861,662,586.59 | 630,361,149.56 |
| 890,874,647.40 | 58,637,271.68 |
Construction in progress
| 104,538,525.13 | 103,106,385.95 |
| 82,999,382.90 | 80,314,961.09 |
Productive biological asset
Oil and gas asset
Intangible assets 149,102,365.38
70,688,801.67
143,918,516.8771,715,598.15
Expense on Research and Development
Goodwill
| 1,750,799.49 |
| 1,750,799.49 |
Long-term expenses to be apportioned
| 13,307,272.10 | 11,617,971.54 |
| 14,431,131.01 | 12,737,555.16 |
Deferred income tax asset
| 33,372,227.96 | 5,686,397.61 |
| 31,913,497.18 | 5,815,160.93 |
Other non-current asset
Total non-current asset
| 3,275,641,455.76 | 3,425,859,794.17 |
| 3,353,788,182.23 | 3,502,939,514.30 |
Total assets
| 5,662,014,675.28 | 4,416,293,720.20 |
| ,619,621,500.67 | 4,441,380,583.49 |
BALANCE SHEET (CONTINUED)
Prepared by Dalian Refrigeration Co., Ltd. September 30, 2018 Unit: RMB Yuan
Liabilities and shareholders’ equity
30-Sep-2018 31-Dec-2017Consolidation Parent Company
Consolidation Parent Company
Current liabilities:
Short-term loans
330,000,000.00
| 330,000,000.00 | 250,000,000.00 |
| 349,801,300.00 | 260,000,000.00 |
Financial liabilities
which changes are recorded in current profit and loss
which are measured by fair value and
Derivative financial liabilities
Notes payable
and Accounts payable
| Notes payable | 1,189,229,760.46 |
| 425,308,151.09 | 1,150,407,485.30 |
Accounts received in advance
504,111,353.53101,517,560.79
| 101,517,560.79 | 9,486,975.79 |
| 147,172,195.05 | 61,450,463.91 |
Wage payable
| 23,647,200.87 | 1,564,420.14 |
| 46,751,562.36 | 11,445,665.15 |
Taxes payable
| 13,267,913.59 | 1,299,812.04 |
| 29,992,558.62 | 1,274,710.89 |
Other accounts payable
| 58,441,809.68 | 27,112,682.21 |
| 68,917,431.20 | 31,258,415.49 |
Liabilities held for sale
Non
-current liabilities due within one year
| Non |
Other current liabilities
Total current liabilities
1,716,104,245.39
| 1,716,104,245.39 | 714,772,041.27 |
| 1,793,042,532.53 | 869,540,608.97 |
-current liabilities:
| Non |
Long-term loans
| 160,000,000.00 | 160,000,000.00 |
| 160,000,000.00 | 160,000,000.00 |
Bonds payable
| 176,000,000.00 | 176,000,000.00 |
Long-term account payable
Long-term wage payable
Projected liabilities
Deferred income 97,7
23,845.14
| 23,845.14 | 54,413,342.14 |
| 100,336,504.07 | 56,890,504.07 |
Deferred income tax liabilities
| 57,080,701.42 | 57,080,701.42 |
| 71,429,566.31 | 71,429,566.31 |
Other non-current liabilities
Total non-current liabilities
490,804,546.56
| 490,804,546.56 | 47,494,043.56 |
| 331,766,070.38 | 288,320,070.38 |
Total liabilities
| 2,206,908,791.95 | 1,162,266,084.83 |
| 2,124,808,602.91 | 1,157,860,679.35 |
Shareholders’ equity
Share capital
855,434,087.00
| 855,434,087.00 | 855,434,087.00 |
856,487,181.00Capital public reserve
856,487,181.00758,130,696.38
| 758,130,696.38 | 802,632,791.21 |
| 757,532,081.34 | 802,034,176.17 |
Less:Treasury stock 21,026,106.00
| 21,026,106.00 | 23,305,370.40 |
Other comprehensive income
23,305,370.40325,958,767.65
| 325,958,767.65 | 324,996,666.98 |
| 407,269,002.11 | 406,306,901.44 |
Special preparation
Surplus public reserve
704,876,971.48
| 704,876,971.48 | 704,876,971.48 |
| 668,150,375.30 | 668,150,375.30 |
General risk reserve
Retained profit
744,005,292.87
| 744,005,292.87 | 587,113,224.70 |
| 750,397,795.56 | 73,846,640.63 |
Translation of foreign currency capital
Total owner’s equity attributable to parent company
3,367,379,709.38
| 3,367,379,709.38 | 3,254,027,635.37 | 3,416,531,064.91 | 3,283,519,904.14 |
Minority interests 87,726,173.95- 78,281,832.85
-
Total owner’s equity
3,455,105,883.33
| 3,455,105,883.33 | 3,254,027,635.37 | 3,494,812,897.76 | 3,283,519,904.14 |
Total liabilities and shareholder’s equity
| 5,662,014,675.28 | 4,416,293,720.20 | 5,619,621,500.67 | 4,441,380,583.49 |
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua
INCOME STATEMENT
Prepared by Dalian Refrigeration Co., Ltd. July-September, 2018 Unit: RMB Yuan
Items
July-September, 2018 July-September, 2017Consolidation Parent Company
Consolidation Parent Company
I. Total sales
| 482,267,734.29 | 146,979,350.41 |
461,323,140.51
132,540,826.06
Including: Operating income
| 482,267,734.29 | 146,979,350.41 |
461,323,140.51
132,540,826.06
II. Total operating cost
158,
| 510,928,925.54 | 895,455.58 |
457,870,018.58
| 139,076,098.49 | |
Including: Operating cost
| 406,568,952.79 | 121,157,057.73 |
363,446,752.51
110,478,587.15
Taxes and associate charges
| 4,900,308.23 | 2,279,128.59 |
5,277,962.71
2,121,866.30
Selling and distribution expenses
| 26,968,566.73 | 374,967.60 |
27,043,064.14
18,281.00
Administrative expenses
| 57,565,430.28 | 23,905,154.73 |
| 48,325,615.83 | 18,675,014.96 |
Research and development expenses
| 7,716,123.13 | 5,149,217.99 |
| 7,642,576.52 | 5,376,391.98 |
Financial expense
| 5,278,817.88 | 4,117,129.07 |
2,842,555.17
1,325,964.58
Including: Interest expense
| 4,297,758.56 | 3,233,617.80 |
| 3,121,063.10 | 2,214,268.47 |
Interest income
| 449,828.36 | 332,981.68 |
| 1,332,715.33 | 1,209,208.24 |
Impairment loss
| 1,930,726.50 | 1,912,799.87 |
3,291,491.70
1,079,992.52
Add: Other income
| 3,744,210.55 | 1,566,087.00 | |||
Gain/(loss) from investment
| 42,853,933.74 | 42,993,624.90 |
44,739,708.71
44,948,913.03
Including: income form investment on affiliatedenterprise and jointly enterprise
| 42,820,483.74 | 42,993,624.90 |
44,739,708.71
44,948,913.03
Gain/(loss) from change in fair value
Gain/(loss) from Exchange
Gain/(loss) from asset disposal -
-
| 100,487.43 | |
| 1,280,869.03 | 1,311,512.41 |
III. Operating profit
| 17,836,465.61 | 32,643,606.73 |
| 49,473,699.67 | 39,725,153.01 |
Add: non-business income
| 123,364.77 | 207.11 |
-
-
| 1,062,894.19 | 1,898,379.72 |
Less: non-business expense
| 154,138.70 | |
171,008.
| 50 | |
IV. Total profit
| 17,805,691.68 | 32,643,813.84 |
48,239,796.98
37,826,773.29
Less: Income tax
-
| 1,590,321.86 | 443,345.17 |
-407,361.82
-630,201.83
V. Net profit
| 16,215,369.82 | 33,087,159.01 |
48,647,158.80
38,456,975.12
1. Net profit from continuous operation
| 16,215,369.82 | 33,087,159.01 |
48,647,158.80
38,456,975.12
2. Net profit from discontinuing operation
Net profit attributable to parent company
| 14,417,569.50 | 33,087,159.01 |
47,073,348.70
38,456,975.12
Minority shareholders’ gains and losses
| 1,797,800.32 | |
1,573,810.10
VI.After-tax net amount of other comprehensiveincomes
| 5,758,515.19 | 5,758,515.19 |
25,798,148.04
25,798,148.04
After-tax net amount of othercomprehensiveincomes attributable to owners ofthe Company
5,758,515.
| 5,758,515.19 | 19 |
25,798,148.04
25,798,148.04
(I) Other comprehensive incomes that willnot bereclassified into gains and losses
1. Changes in net liabilities or assets witha definedbenefit plan upon re-measurement
2. Enjoyable shares in othercomprehensiveincomes in investees that cannot bereclassified intogains and losses under the equitymethod
……
(II) Other comprehensive incomes that willbereclassified into gains and losses
| 5,758,515.19 | 5,758,515.19 |
25,798,148.04
25,798,148.04
1. Enjoyable shares in othercomprehensiveincomes in investees that will bereclassified intogains and losses under the equitymethod
2. Gains and losses on fair value changesofavailable-for-sale financial assets
| 5,758,515.19 | 5,758,515.19 |
25,798,148.04
25,798,148.04
3. Gains and losses onreclassifyingheld-to-maturity investments intoavailable-for-salefinancial assets
4. Effective hedging gains and losses oncash flows
5. Foreign-currency financial statementtranslationdifference
6. Other
After-tax net amount of othercomprehensiveincomes attributable to minorityshareholders
VII Total comprehensive income
| 21,973,885.01 | 38,845,674.20 |
74,445,306.84
64,255,123.16
Total comprehensive income attributable to parentcompany
| 20,176,084.69 | 38,845,674.20 |
72,871,496.74
64,255,123.16
Total comprehensive income attributable tominority shareholders
| 1,797,800.32 | |
1,573,810.10
VIII. Earnings per share
(I) basic earnings per share
| 0.017 | |
0.055
(II) diluted earnings per share
| 0.017 | |
0.055
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua
INCOME STATEMENT
Prepared by Dalian Refrigeration Co., Ltd. January-September, 2018 Unit: RMB Yuan
Items
January -September, 2018 January -September, 2017Consolidation
Parent Company
Consolidation Parent Company
I. Total sales
1,511,346,271.08
| 1,511,346,271.08 | 450,026,085.60 |
1,463,701,858.01
482,369,852.31
Including: Operating income
| 1,511,346,271.08 | 450,026,085.60 |
1,463,701,858.01
482,369,852.31
II. Total operating cost
| 1,547,022,154.52 | 476,038,654.79 |
1,449,984,242.50
| 488,900,452.30 | |
Including: Operating cost
| 1,259,412,828.06 | 381,890,609.76 |
1,180,728,657.56
406,474,570.63
Taxes and associate charges
| 13,634,229.96 | 6,834,987.52 |
13,455,129.66
5,825,034.32
Selling and distribution expenses
| 75,631,379.84 | 656,521.50 |
70,897,475.42
692,396.60
Administrative expenses
| 139,080,586.28 | 62,351,209.91 | 130,073,035.01 |
Research and development expenses
59,544,877.9535,330,459.80
17,155,7
| 35,330,459.80 | 79.50 |
| 35,461,981.22 | 17,495,454.97 |
Financial expense
| 13,918,082.68 | 9,524,104.76 |
5,837,283.11
2,376,432.94
Including: Interest expense
| 13,182,040.11 | 9,903,982.33 |
| 6,494,866.63 | 3,935,236.22 |
Interest income
| 2,518,884.72 | 2,044,657.85 |
| 2,623,006.34 | 2,153,896.69 |
Impairment loss
-
| 10,014,587.90 | 2,374,558.16 |
13,530,680.52
-3,508,315.11
Add: Other income
| 3,853,847.95 | 1,566,087.00 | |||
Gain/(loss) from investment
| 109,466,978.18 | 116,944,490.04 |
132,615,004.40
150,890,974.09
Including: income form investment on affiliatedenterprise and jointly enterprise
| 98,293,970.18 | 99,401,607.31 |
93,420,749.34
94,331,618.44
Gain/(loss) from change in fair value
Gain/(loss) from Exchange
Gain/(loss) from asset disposal
| 130,324.63 | 248,128.41 |
| 1,408,722.03 | 1,389,624.70 |
III. Operating profit
| 77,775,267.32 | 92,746,136.26 |
| 147,741,341.94 | 145,749,998.80 |
Add: non-business income
| 2,300,228.71 | 251,207.18 |
| 5,624,742.79 | 2,889,520.26 |
Less: non-business expense
| 307,729.40 | 80,000.00 |
-
| 223,407.60 | |
IV. Total profit
| 79,767,766.63 | 92,917,343.44 |
153,142,677.13
148,639,519.06
Less: Income tax
| 5,030,766.11 | 128,763.32 |
5,754,184.47
-284,879.85
V. Net profit
| 74,737,000.52 | 92,788,580.12 |
147,388,492.66
148,924,398.91
1. Net profit from continuous operation
92,788,580.
| 74,737,000.52 | 12 |
147,388,492.66
148,924,398.91
2. Net profit from discontinuing operation
Net profit attributable to parent company
| 73,435,111.78 | 92,788,580.12 |
145,333,511.79
148,924,398.91
Minority shareholders’ gains and losses 1,301,888.7
| 4 | |
2,054,980.87
VI.After-tax net amount of other comprehensiveincomes
-
-
| 81,310,234.46 | 81,310,234.46 |
47,265,607.53
47,529,273.61
After-taxnetamountof other comprehensiveincomesattributable to owners of the Company
-
-81,310,23
| 81,310,234.46 | 4.46 |
47,265,607.53
47,529,273.61
(I) Other comprehensive incomes that will not bereclassified into gains and losses
1. Changes in net liabilities or assets witha definedbenefit plan upon re-measurement
2. Enjoyable shares in othercomprehensiveincomes in investees that cannot bereclassified intogains and losses under the equitymethod
……
(II) Other comprehensive incomes that willbereclassified into gains and losses
-
-
| 81,310,234.46 | 81,310,234.46 |
47,265,607.53
47,529,273.61
1. Enjoyable shares in othercomprehensiveincomes in investees that will bereclassified intogains and losses under the equitymethod
-263,666.08
2. Gains and losses on fair value changesofavailable-for-sale financial assets
-
-81,310,234
| 81,310,234.46 | .46 |
47,529,273.61
47,529,273.61
3. Gains and losses onreclassifyingheld-to-maturity investments intoavailable-for-salefinancial assets
4. Effective hedging gains and losses oncash flows
5. Foreign-currency financial statementtranslationdifference
6. Other
After-tax net amount of othercomprehensiveincomes attributable to minorityshareholders
VII Total comprehensive income-
| 6,573,233.94 | 11,478,345.66 |
194,654,100.19
196,453,672.52
Total comprehensive income attributable to parentcompany
-
| 7,875,122.68 | 11,478,345.66 |
192,599,119.32
196,453,672.52
Total comprehensive income attributable tominority shareholders
| 1,301,888.74 | |
2,054,980.87
VIII. Earnings per share
(I) basic earnings per share
| 0.086 | |
0.170
(II) diluted earnings per share
| 0.086 | |
0.170
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua
CASH FLOW STATEMENT
Prepared by Dalian Refrigeration Co., Ltd. January -September, 2018 Unit: RMB Yuan
Items
January -September, 2018 January -September, 2017Consolidation Parent Company
Consolidation Parent Company
I. Cash flows arising from operatingactivities:
Cash received from selling commodities andproviding labor services
1,006,325,541.41
397,106,642.50
1,089,604,393.54
322,916,418.08
Write-back of tax received
36,048,272.10
21,407,074.38
11,784,308.34
1,115.75
Other cash received concerning operatingactivities
41,140,993.85
9,532,226.02
74,180,405.39
49,361,918.67
Subtotal of cash inflow arising from
operating activities
1,083,514,807.36
428,045,942.90
1,175,569,107.27
372,279,452.50
Cash paid for purchasing commodities andreceiving labor service
776,051,647.72
413,735,490.96
943,401,881.56
373,105,975.21
Cash paid to/for staff and workers
270,020,405.01
100,530,514.50
254,107,604.80
98,717,742.52
Taxes paid
70,099,415.71
8,117,820.30
66,754,534.59
7,375,509.33
Other cash paid concerning operatingactivities
111,821,387.96
17,904,193.82
114,898,847.58
16,487,335.39
Subtotal of cash outflow arising fromoperating activities
1,227,992,856.40
540,288,019.58
1,379,162,868.53
495,686,562.45
Net cash flows arising from operating
activities
-144,478,049.04
-112,242,076.68
-203,593,761.26
-123,407,109.95
II. Cash flows arising from investingactivities:
Cash received from recovering investment
1,500,000.00
1,500,000.00
Cash received from investment income46,171,448.00
46,137,998.00
63,490,765.66
73,451,740.66
Net cash received from disposal of fixed,intangible and other long-term assets
4,094,674.11
211,614.02
Net cash received from disposal ofsubsidiaries and other units
Other cash received concerning investingactivities
76,000,000.00
76,000,000.00
Subtotal of cash inflow from investing
activities
126,266,122.11
122,137,998.00
65,202,379.68
74,951,740.66
Cash paid for purchasing fixed, intangibleand other long-term assets
148,585,086.22
138,737,517.86
100,187,319.74
89,258,455.83
Cash paid for investment4,327,733.43
-
176,660,000.00
176,660,000.00
Net cash received from payment of
subsidiaries and other business units
Other cash paid concerning investingactivities
Subtotal of cash outflow from investing
activities
152,912,819.65
138,737,517.86
276,847,319.74
265,918,455.83
Net cash flows arising from investing
activities
-26,646,697.54
-16,599,519.86
-211,644,940.06
-190,966,715.17
III. Cash flows arising from financingactivities
Cash received from absorbing investment
4,900,000.00
Including:Cash received from absorbingminority shareholders' equity investment by
subsidiaries
4,900,000.00
Cash received from loans413,654,000.00
400,000,000.00
392,729,700.00
260,000,000.00
Cash received from issuing bonds
174,504,000.00
| 174,504,000.00 |
Other cash received concerning financingactivities
29,116,287.80
21,576,815.56
Subtotal of cash inflow from financing
activities
617,274,287.80
574,504,000.00
419,206,515.56
260,000,000.00
Cash paid for settling debts
430,004,100.00
410,000,000.00
132,340,000.00
30,000,000.00
Cash paid for dividend and profit distributingor interest paying
55,848,974.69
52,600,129.54
67,199,663.57
65,112,892.02
Including: dividends or profit paid
bysubsidiaries to minority shareholders
114,000.00
Other cash paid concerning financingactivities
15,894,036.66
3,446,078.94
11,893,823.00
Subtotal of cash outflow from financing
activities
501,747,111.35
466,046,208.48
211,433,486.57
95,112,892.02
Net cash flows arising from financing
activities
115,527,176.45
108,457,791.52
207,773,028.99
164,887,107.98
IV. Influence on cash due to fluctuation inexchange rate
-2,066,325.91
-438,261.46
405,091.23
163,039.18
V. Net increase of cash and cash equivalents
-57,663,896.04
-20,822,066.48
-207,060,581.10
-149,323,677.96
Add: Balance of cash and cash equivalents atthe period -begin
364,693,406.31
234,655,092.14
691,238,822.98
495,217,106.54
VI. Balance of cash and cash equivalents at
the period–end
307,029,510.27
213,833,025.66
484,178,241.88
345,893,428.58
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua