Dalian Refrigeration Co., Ltd.
QUARTERLY REPORT FOR THIRD QUARTER,
2019
October, 2019
§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 indexes
Is there any traceable adjustment to the financial statements for the previous report period?
□ Yes √ No
2019.9.30 2018.12.31
Increase/decreaseover 2018.12.31
Total assets5,675,197,752.91
5,568,279,452.26
1.92%
Shareholder’s equity attributable toparent company
3,415,027,201.23
3,377,633,617.02
1.11%
2019.7-9
Increase/decrease
over 2018.7-9
2019.1-9
Increase/d
ecrease over
2018.1-9
Total operating income377,309,476.31
ecrease over
-21.76%
1,453,038,716.88
-3.86%
Net profit attributable to parentcompany
-4,027,361.74
-127.93%
104,346,557.56
42.09%
Net profit attributable to parentcompany after deductingnon-recurring gains/losses
4,567,091.45
-65.25%
39,829,270.42
-43.37%
Net cash generated from operatingactivities
-- -- -80,750,223.29
44.11%
Basic earnings per share-0.004
-123.53%
0.123
43.02%
Diluted earnings per share-0.004
-123.53%
0.123
43.02%
Weighted average return on netasset yield
-0.10%
Decrease 0.42
percentage points
3.06%
Increase 0.93
percentage points
(1).Net profit attributable to parent company from the beginning of the year to the end of the report increasedsignificantly on a y-o-y basis, mainly due to jThe Gain from change in fair value of Guotai Junan has beenrecorded into the current profit and loss, which is about 30.05 million yuan;kDuring January to September 2019,the Company's exchangeable corporate bondholders exchanged a total of 8.3889 million shares, increasing thecurrent investment income by about 40.57 million yuan. All profit above has been recorded into the non-recurringgains and losses.
(2). Net profit attributable to parent company of the reporting period decreased significantly over 2018.7-9,mainly due to the decrease in the company's operating income during the reporting period, and the fact that thefair value of guotai junan, decreased by about 10.42 million yuan compared with the end of June 2019 and wasincluded into the current profit and loss.Non-recurring profits and losses and their amounts
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 assets1,227,672.74
Government subsidies which were included in the current profits and losses2,065,938.84
Debt restructuring gains and losses1,999,241.94
Income from changes in fair value during the period of holding financial assetsavailable for sale and income from disposal of financial assets available for sale
70,613,081.68
Other non-operating incomes and expenses except the above mentioned162,063.15
Income tax effects11,479,421.77
Minority equity interests effects (after tax)71,289.44
Total64,517,287.14
2.2 Total number and particulars of the shareholders by the end of the report periodTotal shareholders at the end of report period 54,795
Shareholding of top ten shareholdersName Nature Proportion
Total number
Number ofshares with
salerestriction
Number ofpledgedshares orshares frozen
Dalian Bingshan Group Co., Ltd.
Domestic non-state-ownedlegal person
20.27%
170,916,934
SANYO ELECTRIC CO LTD Overseas legal person 8.72%
73,503,150
Lin Zhenming Foreign natural person 0.76%
6,400,000
Wu An Domestic natural person 0.53%
4,500,000
Sun Huiming Domestic natural person 0.52%
4,384,079
Dalian industrial development investment Co., Ltd.
Domestic non-state-ownedlegal person
0.40%
3,406,725
BOCI SECURITIES LIMITED Overseas legal person 0.36%
3,041,582
Zhang Sufen Domestic natural person 0.36%
3,020,000
Xue Hong Domestic natural person 0.35%
2,940,000
Li Xiaohua Domestic natural person 0.32%
2,725,908
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 6,400,000
BWu An 4,500,000
BSun Huiming 4,384,079
BDalian industrial development investment Co., Ltd. 3,406,725
ABOCI SECURITIES LIMITED 3,041,582
BZhang Sufen 3,020,000
AXue Hong 2,940,000
BLi Xiaohua 2,725,908
ANotes to the associated relationship and uniform actions of theabove shareholders
Dalian Bingshan Group Co., Ltd. had the association relationship withSanyo Electric Co., Ltd. among the above shareholders. Sanyo ElectricCo., Ltd. holds 26.6% of Dalian 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、Dividend receivable has increased significantly over that of year-beginning, mainly because an increase inunmatured dividends receivable of Panasonic Compressor.
2、Construction in progress has increased significantly over that of year-beginning, mainly because the Company'snew factory intelligent manufacturing project and R22 reduction project investment.
3、Short-term loans has increased significantly over that of year-beginning, mainly because the Company's dailyoperating capital requirements increased.
4、Wages payable has decreased significantly over that of year-beginning, mainly because accrual year-end bonusfor year of 2018 has paid in first quarter of 2019.
5、Other accounts payable has decreased significantly over that of year-beginning, mainly because the Companyterminates the implementation of the 2016 restricted stock incentive plan.
6、Bonds payable has decreased significantly over that of year-beginning, mainly because the Company'sexchangeable corporate bondholders exchanged shares concentrated during January to September 2019.
7、The long term accounts payable has increased significantly over that of year-beginning, mainly because theWuxin Refrigeration, a subsidiary of the Company, signed a commercial factoring contract.
8、Other comprehensive income has decreased significantly over that of year-beginning,mainly because accordingto the new financial instrument standards, the Company adjusted guotai junan stock market net profit and loss at thebeginning to undistributed profits.
9、Financial expenses have decreased significantly on a y-o-y basis, mainly because the interest on the current loandecreased.10、Assets impairment loss has increased significantly on a y-o-y basis, mainly because the provision for bad debtsincreased.
11、Gain from investment has increased significantly on a y-o-y basis ,mainly because earnings of the Company'sexchangeable corporate bondholders exchanged shares .
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 periodApplicable√ Inapplicable
3.4 Precautions on forecasting of 2019, 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 causeApplicable√ 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 this
period
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
GuotaiJun’an
15,710,008.00
fair valuemeasurement
369,195,071.40
0.00
30,045,390.28
150,999,966.00
34,365,642.50
276,024,840.56
OtherNon-currentfinancial asset
Ownfunds
Other SecuritiesInvestment
0.00
--
0.00
0.00
0.00
0.00
0.00
0.00
-- --total 15,710,008.00
--369,195,071.40
0.00
30,045,390.28
150,999,966.00
34,365,642.50
276,024,840.56
-- --
The amount sold in the current period is the amount of the exchangeable bondholder's exchange shares during thereporting period.
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.
Note: The adjustment of financial statementsNew Financial Instruments Standards, New Income Standards and New Leasing Standards for the FirstImplementation Relevant to Financial Statements at the Beginning of the Year
√Applicable □Inapplicable
Before adjustment
| Before adjustment | After a | djustment |
Consolidated Balance Sheet 31-Dec-2018 Consolidated Balance Sheet 1-Jan-2019Finance asset held available for sales
382,186,729.99
Other non-current financial assets 382,186,729.99
Other comprehensive income 296,909,965.55
Other comprehensive income 2,501,459.77
Retained profit 764,859,288.45
Retained profit 1,059,267,794.23
Balance sheet of parent company 31-Dec-2018 Balance sheet of parent company 1-Jan-2019Finance asset held available for sales
380,771,587.49
Othe non-current financial assets 380,771,587.49
Other comprehensive income 295,947,864.88
Other comprehensive income 1,539,359.10
Retained profit 640,251,261.47
Retained profit 934,659,767.25
According to the new financial instrument criteria, the original item of " Finance asset held available for sales " isadjusted to "other non-current financial assets"; Adjust the amount of other comprehensive income-294,408,505.78 yuan, and adjust the amount of retained profit 294,408,505.78 yuan.
Board of Directors of Dalian Refrigeration Co., Ltd.October 26, 2019
BALANCE SHEET
Prepared by Dalian Refrigeration Co., Ltd. September 30, 2019 Unit: RMB Yuan
Items
30-Sep-2019 31-Dec-2018Consolidation Parent Company
Consolidation Parent Company
Current assets:
Monetary funds265,643,297.14
126,822,679.64
| 343,026,485.11 | 186,976,185.10 |
Transaction financial assets
Financial assets which are measured by fair value andwhich changes are recorded in current profit and loss
Derivative financial assets
Notes receivable 156,539,516.62
58,226,433.10
| 171,292,044.56 | 63,673,648.65 |
Accounts receivable 1,230,802,354.83
562,384,019.63
418,715,646.60
| 1,107,546,588.30 |
Accounts in advance 203,314,901.97
68,894,184.28
| 158,405,300.50 | 69,577,538.44 |
Other receivables 76,413,301.34
41,060,230.81
| 48,508,755.15 | 14,003,269.34 |
Interest receivables
| 318,886.12 | 318,886.12 |
Dividend receivable 35,745,000.00
35,745,000.00
| 33,450.00 |
Inventories
215,505,447.43
| 514,619,759.41 |
| 450,195,300.53 | 194,747,632.08 |
Assets held for sale
Non-current asset due within one year
Other current assets13,779,915.16
2,037,630.29
| 18,266,589.12 | ,056,055.09 |
Total current assets2,461,113,046.47
1,074,930,625.18
| 2,297,241,063.27 | 955,749,975.30 |
Non-current assets:
Finance asset held available for sales
382,186,729.99
380,771,587.49
Held-to-maturity investment
Long-term account receivable
Long-term equity investment1,652,872,574.52
2,236,023,833.41
| 1,619,693,570.97 | 2,201,953,842.42 |
Other non-current financial assets289,016,499.15
287,601,356.65
Investment property 96,563,389.31
107,753,669.94
111,42
| 100,338,241.99 | 1,702.70 |
Fixed assets 940,726,048.76
721,431,086.81
| 953,298,058.11 | 725,516,578.53 |
Construction in progress 41,681,177.92
26,176,291.71
| 19,796,212.82 | 18,010,457.61 |
Productive biological asset
Oil and gas asset
Intangible assets142,309,227.55
68,089,160.29
| 147,018,592.71 | 70,049,323.57 |
Expense on Research and Development
Goodwill 1,750,799.49
| 1,750,799.49 |
Long-term expenses to be apportioned 11,666,235.96
10,125,193.38
| 12,873,428.19 | 11,244,777.00 |
Deferred income tax asset 37,498,753.78
4,578,414.88
| 34,082,754.72 | 4,303,943.48 |
Other non-current asset
Total non-current asset 3,214,084,706.44
3,461,779,007.07
| 3,271,038,388.99 | 3,523,272,212.80 |
Total assets 5,675,197,752.91
4,536,709,632.25
5,568,279,45
| 2.26 | 4,479,022,188.10 |
Current liabilities:
Short-term loans348,082,000.00
308,082,000.00
| 250,000,000.00 | 250,000,000.00 |
which changes are recorded in current profit and loss
Financial liabilities which are measured by fair value and
Derivative financial liabilities
Transaction financial liabilities
Notes payable 303,224,389.65
179,174,335.08
| 273,401,536.58 | 114,845,621.59 |
Accounts payable 973,926,188.87
335,474,778.83
| 859,489,558.61 | 297,954,195.20 |
Accounts received in advance 151,774,725.70
47,459,900.30
| 122,151,101.00 | 29,579,144.85 |
Wage payable 13,576,587.78
97,764.94
| 31,856,136.59 | 7,376,290.42 |
Taxes payable 14,924,403.36
10,763,523.31
| 13,608,212.32 | 3,399,150.12 |
Other accounts payable 36,661,533.03
7,048,958.80
| 63,313,958.43 | 30,439,931.10 |
Interest payable 54,166.71
54,166.71
| 1,369,527.78 | 1,369,527.78 |
Dividend payable 533,156.00
533,156.00
| 533,156.00 | 533,156.00 |
Liabilities held for sale
Non-current liabilities due within one year 729,063.43
| 2,999,574.93 |
Other current liabilities
Total current liabilities1,842,898,891.82
888,101,261.26
| 1,616,820,078.46 | 733,594,333.28 |
Non-current liabilities:
Long-term loans 160,000,000.00
160,000,000.00
160,
| 160,000,000.00 | 000,000.00 |
Bonds payable 25,000,034.00
25,000,034.00
| 176,000,000.00 | 176,000,000.00 |
Preferred stock
Perpetual bond
Long-term account payable 14,371,895.15
1,532,949.94
Long-term wage payable
Special payable
Anticipation liabilities
Deferred income 99,066,178.71
57,295,080.19
| 103,542,093.79 | 60,907,828.40 |
Deferred income tax liabilities 39,171,095.70
39,171,095.70
| 51,954,442.22 | 51,954,442.22 |
Other non-current liabilities
Total non-current liabilities 337,609,203.56
281,466,209.89
| 493,029,485.95 | 448,862,270.62 |
Total liabilities 2,180,508,095.38
1,169,567,471.15
| 2,109,849,564.41 | 1,182,456,603.90 |
Shareholders’ equity
Share capital843,212,507.00
843,212,507.00
855,434,
| 855,434,087.00 | 087.00 |
Other equity instruments
Preferred stock
Perpetual bond
Capital public reserve 726,768,468.00
771,270,562.83
| 760,365,342.00 | 804,867,436.83 |
Less:Treasury stock
| 21,026,106.00 | 21,026,106.00 |
Other comprehensive income 2,501,459.77
1,539,359.10
| 296,909,965.55 | 295,947,864.88 |
Special preparation
Surplus public reserve753,519,177.11
753,519,177.11
| 721,091,040.02 | 721,091,040.02 |
Generic risk reserve
Retained profit 1,089,025,589.35
997,600,555.06
764,859,2
| 88.45 | 640,251,261.47 |
Total owner’s equity attributable to parent company 3,415,027,201.23
3,367,142,161.10
| 3,377,633,617.02 | 3,296,565,584.20 |
Minority interests 79,662,456.30
| 80,796,270.83 |
Total owner’s equity 3,494,689,657.53
3,367,142,161.10
| 3,458,429,887.85 | 3,296,565,584.20 |
Total liabilities and shareholder’s equity 5,675,197,752.91
4,536,709,632.25
| 5,568,279,452.26 | 4,479,022,188.10 |
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, 2019 Unit: RMB Yuan
Items
July-September, 2019 July-September 2018Consolidation Parent Company
Consolidation Parent Company
I. Total sales 377,309,476.31
185,430,301.21
482,267,734.29
146,979,350.41
II. Total operating cost 398,064,976.69
| 199,512,285.47 |
508,998,199.04
156,982,655.71
Including: Operating cost 307,976,069.92
158,112,463.00
406,568,952.79
121,157,057.73
Taxes and associate charges 4,161,194.34
2,183,711.28
4,900,308.23
2,279,128.59
Selling and distribution expenses 26,015,721.28
12,934,688.91
26,968,566.73
374,967.60
Administrative expenses 43,834,281.38
18,804,420.18
57,565,430.28
23,905,154.73
R&D expenses 12,281,212.29
4,690,216.53
7,716,123.13
5,149,217.99
Financial expense 3,796,497.48
2,786,785.57
5,278,817.88
4,117,129.07
Including:interest expense 3,656,619.40
2,509,540.76
3,23
| 4,297,758.56 | 3,617.80 |
interest income 491,570.02
342,781.73
| 449,828.36 | 332,981.68 |
Add:Other income 368,909.48
3,744,210.55
1,566,087.00
Gain/(loss) from investment 29,142,360.02
29,363,993.43
42,853,933.74
42,993,624.90
Including: income from investment onaffiliated enterprise and jointly enterprise
29,142,360.02
29,363,993.43
42,820,483.74
42,993,624.90
Gain/(loss) from change in fair value-10,415,735.31
-10,415,735.31
Assets impairment loss (loss as “-“)-5,573,363.68
-1,370,524.06
-1,930,726.50
-1,912,799.87
Gain/(loss) from asset disposal
-100,487.43
III. Operating profit -7,233,329.87
3,495,749.80
17,836,465.61
32,643,606.73
Add: non-business income 478,879.39
30.07
123,364.77
207.11
Less: non-business expense 95,922.49
154,138.70
IV. Total profit -6,850,372.97
3,495,779.87
17,805,691.68
32,643,813.84
Less: Income tax -3,292,739.52
-2,490,924.05
1,590,321.86
-443,345.17
V. Net profit -3,557,633.45
5,986,703.92
16,215,369.82
33,087,159.01
(I) Net profit from continuous operation -3,557,633.45
5,986,703.92
16,215,369.82
33,087,159.01
(II)Net profit from discontinuing operation
Net profit attributable to parent company -4,027,361.74
5,986,703.92
14,417,569.50
33,087,159.01
Minority shareholders’gains and losses469,728.29
1,797,800.32
VI. After-tax net amount of other comprehensiveincomes
5,758,515.19
5,758,515.19
After-tax net amount of other comprehensiveincomes attributable to owners of the Company
5,758,515.19
5,758,515.19
(I) Other comprehensive incomes that will not bereclassified into gains and losses
1. Changes in net liabilities or assets with a
defined benefit plan upon re-measurement
2. Enjoyable shares in other comprehensive
incomes in invests that cannot be reclassified intogains and losses under the equity method
(II) Other comprehensive incomes that will bereclassified into gains and losses
5,758,515.19
5,758,515.19
1. Enjoyable shares in other comprehensive
incomes in invests that will be reclassified into gainsand losses under the equity method
2.
Changes in the fair value of other debtinvestments
3. Gains and losses on fair value changes of
available-for-sale financial assets
5,758,515.19
5,758,515.19
4. The amount of financial assets reclassified
into other comprehensive income
5. Held-to-maturity investments are reclassified
as saleable financial asset gains and losses
6.Others
After-tax net amount of other comprehensiveincomes attributable to minority shareholders
VII Total comprehensive income -3,557,633.45
5,986,703.92
21,973,885.01
38,845,674.20
| Total comprehensive income attributable to parent |
company
-4,027,361.74
5,986,703.92
20,176,084.69
38,845,674.20
| Total comprehensive income attributable to |
minority shareholders
469,728.29
1,797,800.32
VIII. Earnings per share
(I) basic earnings per share -0.004
0.017
(II) diluted earnings per share -0.004
0.017
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua
INCOME STATEMENTPrepared by Dalian Refrigeration Co., Ltd. January-September, 2019 Unit: RMB Yuan
Items
January-September, 2019 January-September 2018Consolidation Parent Company
Consolidation Parent Company
I. Total sales 1,453,038,716.88
510,786,574.53
1,511,346,271.08
450,026,085.60
II. Total operating cost 1,499,611,605.61
540,891,541.57
1,537,007,566.62
478,413,212.95
Including: Operating cost 1,227,736,049.78
435,005,859.82
1,259,412,828.06
381,890,609.76
Taxes and associate charges 12,891,478.21
6,957,698.30
13,634,229.96
6,834,987.52
Selling and distribution expenses 79,112,539.90
18,305,927.70
75,631,379.84
656,521.50
Administrative expenses 129,776,376.59
56,037,040.67
139,080,586.28
62,351,209.91
R&D expenses 40,831,076.46
17,761,463.87
35,330,459.80
17,155,779.50
Financial expense 9,264,084.67
6,823,551.21
13,918,082.68
9,524,104.76
Including:interest expense 9,199,037.66
6,281,720.77
13,182,040.11
9,903,982.33
interest income 1,063,793.82
553,952.60
2,518,884.72
2,044,657.85
Add:Other income 2,404,346.32
3,853,847.95
1,566,087.00
Gain/(loss) from investment 146,269,781.75
150,160,769.19
109,466,978.18
116,944,490.04
Including: income from investment onaffiliated enterprise and jointly enterprise
101,381,838.15
102,272,825.59
98,293,970.18
99,401,607.31
Gain/(loss) from change in fair value30,045,390.28
30,045,390.28
Assets impairment loss (loss as “-“)-22,436,498.10
-4,483,267.31
-10,014,587.90
2,374,558.16
Gain/(loss) from asset disposal 1,242,799.31
582,050.16
130,324.63
248,128.41
III. Operating profit 110,952,930.83
146,199,975.28
77,775,267.32
92,746,136.26
Add: non-business income 2,951,244.52
230.14
2,300,228.71
251,207.18
Less: non-business expense 217,566.00
75,126.57
307,729.40
80,000.00
IV. Total profit 113,686,609.35
146,125,078.85
79,767,766.63
92,917,343.44
Less: Income tax 10,473,866.32
8,595,528.60
5,030,766.11
128,763.32
V. Net profit 103,212,743.03
137,529,550.25
74,737,000.52
92,788,580.12
(I) Net profit from continuous operation103,212,743.03
137,529,550.25
74,737,000.52
92,788,580.12
(II)Net profit from discontinuing operation
Net profit attributable to parent company 104,346,557.56
137,529,550.25
73,435,111.78
92,788,580.12
Minority shareholders’gains and losses-1,133,814.53
1,301,888.74
VI. After-tax net amount of other comprehensiveincomes
-81,310,234.46
-81,310,234.46
After-tax net amount of other comprehensiveincomes attributable to owners of the Company
-81,310,234.46
-81,310,234.46
(I) Other comprehensive incomes that will not bereclassified into gains and losses
1. Changes in net liabilities or assets with a
defined benefit plan upon re-measurement
2. Enjoyable shares in other comprehensive
incomes in invests that cannot be reclassified intogains and losses under the equity method
(II) Other comprehensive incomes that will bereclassified into gains and losses
-81,310,234.46
-81,310,234.46
1. Enjoyable shares in other comprehensive
incomes in invests that will be reclassified into gainsand losses under the equity method
2.
Changes in the fair value of other debtinvestments
3. Gains and losses on fair value changes of
available-for-sale financial assets
-81,310,234.46
-81,310,234.46
4. The amount of financial assets reclassified
into other comprehensive income
5. Held-to-maturity investments are reclassified
as saleable financial asset gains and losses
6.Others
After-tax net amount of other comprehensiveincomes attributable to minority shareholders
VII Total comprehensive income 103,212,743.03
137,529,550.25
-6,573,233.94
11,478,345.66
| Total comprehensive income attribut | able to parent |
company
104,346,557.56
137,529,550.25
-7,875,122.68
11,478,345.66
| Total comprehensive income attributable to |
minority shareholders
-1,133,814.53
1,301,888.74
VIII. Earnings per share
(I) basic earnings per share 0.123
0.086
(II) diluted earnings per share 0.123
0.086
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, 2019 Unit: RMB Yuan
Items
January - September, 2019 January - September 2018Consolidation Parent Company
Consolidation Parent Company
I. Cash flows arising from operating activities:
| Cash received from selling commodities and p | roviding |
labor services
990,420,530.70
340,550,201.48
1,006,325,541.41
397,106,642.50
Write-back of tax received10,549,600.41
36,048,272.10
21,407,074.38
Other cash received concerning operating activities43,316,326.23
7,731,200.99
41,140,993.85
9,532,226.02
Subtotal of cash inflow arising from operating activities1,044,286,457.34
348,281,402.47
1,083,514,807.36
428,045,942.90
| Cash paid for purchasing commodities and receiving |
labor service
686,780,484.56
250,430,970.32
776,051,647.72
413,735,490.96
Cash paid to/for staff and workers262,853,897.94
93,345,038.33
270,020,405.01
100,530,514.50
Taxes paid59,775,362.69
18,190,018.35
70,099,415.71
8,117,820.30
Other cash paid concerning operating activities115,626,935.44
23,731,542.82
111,821,387.96
17,904,193.82
Subtotal of cash outflow arising from operating activities
1,125,036,680.63
385,697,569.82
1,227,992,856.40
540,288,019.58
Net cash flows arising from operating activities-80,750,223.29
-37,416,167.35
-144,478,049.04
-112,242,076.68
II. Cash flows arising from investing activities:
Cash received from recovering investment
Cash received from investment income45,399,936.80
45,366,486.80
46,171,448.00
46,137,998.00
| Net cash received from disposal of fixed, | intangible and |
other long-term assets
1,691,731.61
810,000.00
4,094,674.11
| Net cash received from disposal of subsidiaries and |
other units
Other cash received concerning investing activities
| 76,000,000.00 | 76,000,000.00 |
Subtotal of cash inflow from investing activities47,091,668.41
46,176,486.80
126,266,122.11
122,137,998.00
| Cash paid for purchasing fixed, intangible and other |
long-term assets
33,597,375.06
29,587,157.31
148,585,086.22
138,737,517.86
Cash paid for investment
4,327,733.43
| Net cash | paid for achievement | of subsidiaries and other |
business units
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities33,597,375.06
29,587,157.31
152,912,819.65
138,737,517.86
Net cash flows arising from investing activities13,494,293.35
16,589,329.49
-26,646,697.54
-16,599,519.86
III. Cash flows arising from financing activities
Cash received from absorbing investment
| Including: Cash received from absorbing minority |
shareholders' equity investment by subsidiaries
Cash received from loans
409,412,100.00
308,082,000.00
413,654,000.00
400,000,000.00
Cash received from issuing bonds
174,504,000.00
174,504,000.00
Other cash received concerning financing activities38,323,050.64
29,116,287.80
Subtotal of cash inflow from financing activities447,735,150.64
308,082,000.00
617,274,287.80
574,504,000.00
Cash paid for settling debts316,663,574.16
250,000,000.00
430,004,100.00
410,000,000.00
| Cash paid for dividend and profit distributing or interest |
paying
52,234,480.80
49,757,707.19
55,848,974.69
52,600,129.54
| Including: dividends or profit paid by | subsidiaries to |
minority shareholders
114,000.00
Other cash paid concerning financing activities66,386,367.24
47,566,389.36
15,894,036.66
3,446,078.94
Subtotal of cash outflow from financing activities435,284,422.20
347,324,096.55
501,747,111.35
466,046,208.48
Net cash flows arising from financing activities12,450,728.44
-39,242,096.55
115,527,176.45
108,457,791.52
IV. Influence on cash due to fluctuation in exchange rate368,800.90
-84,571.05
-2,066,325.91
-438,261.46
V. Net increase of cash and cash equivalents-54,436,400.60
-60,153,505.46
-57,663,896.04
-20,822,066.48
-begin
304,703,434.47
Add: Balance of cash and cash equivalents at the period
186,976,185.10
364,693,406.31
234,655,092.14
VI. Balance of cash and cash equivalents at the period–end
250,267,033.87
126,822,679.64
307,029,510.27
213,833,025.66
Legal Representative: Ji Zhijian Chief Financial Official: Ma Yun Person in Charge of Accounting Organization: Mao Chunhua