2019 Third Quarter Report
Of
Chongqing Changan Automobile Company Limited
October, 2019
Chapter 1 Important NotesThe Board of Directors, the Supervisory Committee and directors, supervisors and seniormanagement of Chongqing Changan Automobile Company Limited (hereinafter referred to as “theCompany”) hereby guarantee that no false or misleading statement or major omission was made tothe materials in this report and that they will assume all the responsibilities, individually and jointly,for the trueness, accuracy and completeness of the contents of this report.All directors attended the board meeting for reviewing the third quarter report.The Chairman of the Board Zhang Baolin, the Chief Financial Officer Zhang Deyong and theresponsible person of the accounting institution (Accountant in charge) Chen Jianfeng herebydeclare that the Financial Statements enclosed in this report are true, accurate and complete.
Chapter 2 Basic Information
I. Main accounting data and financial indicatorsDoes the company conduct the retrospective adjustment or restatement of previous years accounting data due to changes inaccounting policies or accounting errors?
□Yes √No
In RMB Yuan
| The reporting period | The same period of last year | Variance (%) | ||
| Total assets | 92,946,725,363.81 | 93,488,854,098.95 | -0.58% | |
| Net assets attributable to shareholders of listed company | 43,567,997,650.66 | 46,244,958,676.52 | -5.79% | |
| The reporting period | Variance (%) | Amount of the period from the beginning of year to the end of report term | Variance (%) | |
| Operating income | 15,239,641,870.97 | 7.25% | 45,115,421,967.81 | -9.50% |
| Net profit attributable to shareholders of the Company | -421,470,641.21 | 5.61% | -2,661,510,402.32 | -328.83% |
| Net profit excluding non-recurring gains and losses attributable to shareholders of listed company | -621,493,786.91 | 12.65% | -3,533,261,383.35 | -22,328.47% |
| cash flow from operating activities | - | - | 3,757,823,903.36 | 306.76% |
| Basic earnings per share | -0.08 | 11.11% | -0.55 | -329.17% |
| Diluted earnings per share | - | - | - | - |
| Weighted average return on net assets | -0.96% | Decrease by 0.01 percentage points | -5.93% | Decrease by 8.39 percentage points |
| Item | Amount of the period from the beginning of year to the end of report term |
| Gain/loss of non-current assets | 14,557,748.80 |
| Government subsidies accounted into current gain/loss account, other than those closely related to the Company’s common business, comply with the national policy and continues to enjoy at certain fixed rate or amount. | 762,226,068.65 |
| In addition to the effective hedging business related to the normal business of the company, the gains and losses from changes in fair value arising from the holding of trading financial assets, derivative financial assets, trading financial liabilities, derivative financial liabilities, and disposal of transactional financial assets, derivative finance Investment income from assets, trading financial liabilities, derivative financial liabilities and other debt investments | 127,407,169.45 |
| Other non-business income and expenditures other than the above | -9,009,286.44 |
| Interest on deferred payment of funds received by non financial enterprises | 23,336,168.02 |
| Less: Influenced amount of income tax | 34,721,308.93 |
| Influenced amount of minority shareholders’ equity | 12,045,578.52 |
| Total | 871,750,981.03 |
| As of the reporting period, the total number of shareholders | 170,799 | Total number of preferred shareholders with voting rights restored at the end of the reporting period (if any) | 0 | ||||||
| Top 10 Shareholders | |||||||||
| Name of the shareholder | Properties of shareholder | Percentage of total shares （%） | Number of shares | Conditional shares | Pledging or freezing | ||||
| Share status | Amount | ||||||||
| China South Industries Group Co., Ltd. | State-owned legal person shares | 21.56% | 1,035,312,673 | No pledge or frozen | - | ||||
| China Changan Automobile Co., Ltd. | State-owned legal person shares | 19.32% | 928,044,946 | 139,762,403 | No pledge or frozen | - | |||
| China securities finance Co, Ltd | domestic general legal person shares | 4.88% | 234,265,333 | No pledge or frozen | - | ||||
| United Prosperity (Hong Kong) Investment Co., Limited. | foreign legal person shares | 3.21% | 154,120,237 | No pledge or frozen | - | ||||
| Central Huijin Investment Ltd. | domestic general legal person shares | 1.15% | 55,393,100 | No pledge or frozen | - | ||||
| DRAGON BILLION SELECT MASTER FUND | foreign legal person shares | 0.85% | 40,597,114 | No pledge or frozen | - | ||||
| National Social Security Fund 107 combination | fund, finance products, etc. | 0.76% | 36,489,867 | No pledge or frozen | |||||
| GIC PRIVATE LIMITED | foreign legal person shares | 0.73% | 35,283,393 | No pledge or frozen | - | ||||
| Hong Kong Central Clearing Company Limited | foreign legal person shares | 0.63% | 30,458,221 | No pledge or frozen | - | ||||
| National Social Security Fund 116 combination | fund, finance products, etc. | 0.45% | 21,707,388 | No pledge or frozen | - | ||||
| Top 10 holders of unconditional shares | |||||||||
| Name of the shareholder | Amount of shares without sales restriction | Category of shares | |||||||
| Category of shares | Category of shares | ||||||||
| China South Industries Group Co., Ltd. | 1,035,312,673 | RMB ordinary shares | 1,035,312,673 | ||||||
| China Changan Automobile Co., Ltd. | 788,282,543 | RMB ordinary shares | 788,282,543 | ||||||
| China securities finance Co, Ltd | 234,265,333 | RMB ordinary shares | 234,265,333 | ||||||
| United Prosperity (Hong Kong) Investment Co., Limited. | 154,120,237 | Domestic listed foreign shares | 154,120,237 | ||||||
| Central Huijin Investment Ltd. | 55,393,100 | RMB ordinary shares | 55,393,100 | ||||||
| DRAGON BILLION SELECT MASTER FUND | 40,597,114 | Domestic listed foreign shares | 40,597,114 | ||||||
| National Social Security Fund 107 combination | 36,489,867 | RMB ordinary shares | 36,489,867 | ||||||
| GIC PRIVATE LIMITED | 35,283,393 | Domestic listed foreign shares | 35,283,393 | ||||||
| Hong Kong Central Clearing Company Limited | 30,458,221 | RMB ordinary shares | 30,458,221 | ||||||
| National Social Security Fund 116 combination | 21,707,388 | RMB ordinary shares | 21,707,388 | ||||||
| Explanation on the relationship and the action alike of above shareholders | Among the top 10 shareholders, China South Industries Group Co., Ltd., the actual controller; China Changan Automobile Group Co., Ltd., the controlling shareholder, and its wholly owned subsidiary United Prosperity (Hong Kong) Investment Co., Limited. belong to the concerted actor regulated by “Disclosure Administration of Shares Change Information of | ||||||||
The Listed Company”.
Whether the company top 10 shareholders of ordinary shares, and the top 10 circulated shareholders agreed on the repurchasetransactions during the report period
□Applicable √Not Applicable
The top 10 shareholders of ordinary shares, and the top 10 circulated shareholders have not agreed on the repurchase transactionsduring the report period
2. Total number of preferred shareholders at the end of the reporting period and statement on preferredshares held by the top ten tradable shareholders
□Applicable √Not Applicable
Chapter 3 Important MattersI. Significant changes & reasons in major accounting data, financial indicators
√Applicable □Not Applicable
| As at the end of reporting period, the company’s total asset was 92.991 billion Yuan，with 0.53% decrease compared with the beginning of the year；The total liability was 49.520 billion Yuan, with 4.61% increase compared with the beginning of the year. The debt asset ratio was 53.25%，which was 2.62 percentage points higher than that at the beginning of the year. The huge variance of transactional financial assets、other equity investment and Available for sale financial assets mainly result from the reclassification of available-for-sale financial assets；The balance of advances from customers increased compared with the beginning of the year, mainly due to the increase in on-transit vehicles that the company had invoiced but did not reach the dealers at the end of the quarter；The balance of payroll payables decreased mainly due to the reduction of the accrued payment；The balance of taxes payable decreased mainly due to the decrease in the consumption tax payable; The balance of other payables | |||||
increased compared with the beginning of the year, mainly due to the increase in the deposit of the dealer acceptance bill received.During the reporting period, the investment profit and loss decreased significantly, mainly due to the decrease in investmentincome of joint ventures and joint ventures；Net profit attributable to owners of the parent company decreased significantly, mainlydue to the decline in sales of the company.
During the reporting period, the net increase of cash and cash equivalents rised significantly，mainly due to the significantdecrease in net cash flows from investing activities and the significant increase in net cash flows from operating activities；the netcash flow from operating activities increased significantly, mainly due to the decrease span of cash paid for goods and servicespurchased greater than that received for goods sold and services provided；the net cash flows from investing activities decreased ona year-on-year basis, mainly due to the decrease in cash paid for investing and the purchase and construction of fixed assets,intangible assets and other long-term assets. The net cash flow from financing activities increased significantly compared with thesame period of last year, mainly due to the decrease in debt repayment and cash dividend distribution as compared with the sameperiod of last year.
II. The progress and influence of significant events and the analysis and explanation onresolving proposal
□Applicable √Not Applicable
III. Commitments made within the reporting period by the controlling shareholders,shareholders, related party, acquirer and the company overdue and not fulfilled
□Applicable √Not Applicable
During the reporting period, the company's actual controllers, shareholders, related parties, purchasers and companies and othercommitment parties don’t have any overdue unfulfilled commitments.
IV. Forecast of operation performance of 2019The warning or a reason for a loss or a significant change of cumulative net profit from the beginning of the year to the end of thenext reporting period compared with the same period of last year
□Applicable √Not Applicable
V. Securities investment
√Applicable □Not Applicable
| Securities variety | Securities code | Securities short name | Initial investment cost（Yuan） | Number of shares held at the beginning of | Percentage of shares held at the beginning | Number of shares held at the end of the period | Percentage of shares held at the end of the | Book value at the end of the period | Reporting period profit and loss （Yuan） | Accounting acco | Source of shar |
| the period（Share） | of the period | （Share） | period | （Yuan） | unt | es | |||||
| Stock | 600369 | Southwest Securities | 50,000,000 | 35,500,000 | 0.63% | 35,500,000 | 0.63% | 160,105,000 | 31,080,250.00 | Transactional financial assets | Initial investment |
| Stock | 300750 | CATL | 1,052,930,406.36 | 22,999,575 | 1.05% | 22,999,575 | 1.04% | 1,497,623,480.75 | 77,215,844.03 | Transactional financial assets | Initial investment |
| Total | 1,102,930,406.36 | 58,499,575 | -- | 58,499,575 | -- | 1,657,728,480.75 | 108,296,094.03 | -- | -- | ||
| Date | Manner | Object | Content discussed and material offered |
| 2019.01.02 | On-Site Survey | Institution | For details, see the January 4, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 2, 2019 investor relations activities record sheet |
| 2019.01.10 | On-Site Survey | Institution | For details, see the January 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor relations activities record sheet(1) |
| 2019.01.10 | On-Site Survey | Institution | For details, see the January 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor relations activities record sheet(2) |
| 2019.01.10 | On-Site Survey | Institution | For details, see the January 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor relations activities record sheet(3) |
| 2019.01.11 | On-Site Survey | Institution | For details, see the January 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 11, 2019 investor relations activities record sheet(1) |
| 2019.01.11 | On-Site Survey | Institution | For details, see the January 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 11, 2019 investor relations activities record sheet(2) |
| 2019.01.15 | On-Site Survey | Institution | For details, see the January 17, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 15, 2019 investor relations activities record sheet |
| 2019.01.15 | On-Site Survey | Institution | For details, see the January 18, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 15, 2019 investor relations activities record sheet(2) |
| 2019.01.16 | On-Site Survey | Institution | For details, see the January 18, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 16, 2019 investor relations activities record sheet |
| 2019.01.18 | On-Site Survey | Institution | For details, see the January 22, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 18, 2019 investor relations activities record sheet |
| 2019.01.22 | On-Site Survey | Institution | For details, see the January 24, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 22, 2019 investor relations activities record sheet(1) |
| 2019.01.22 | On-Site Survey | Institution | For details, see the January 24, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: January 22, 2019 investor relations activities record sheet(2) |
| 2019.02.26 | On-Site Survey | Institution | For details, see the February 27, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: February 26, 2019 investor relations activities record sheet |
| 2019.02.28 | On-Site Survey | Institution | For details, see the March 1, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: February 28, 2019 investor relations activities record sheet |
| 2019.03.05 | On-Site Survey | Institution | For details, see the March 7, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: March 5, 2019 investor relations activities record sheet |
| 2019.03.14 | On-Site Survey | Institution | For details, see the March 18, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: March 14, 2019 investor relations activities record sheet(1) |
| 2019.03.14 | On-Site | Institution | For details, see the March 18, 2019 Shenzhen stock exchange interactive |
| Survey | (http://irm.cninfo.com.cn) on the Changan Automobile: March 14, 2019 investor relations activities record sheet | ||
| 2019.03.19 | On-Site Survey | Institution | For details, see the March 20, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: March 19, 2019 investor relations activities record sheet |
| 2019.03.22 | On-Site Survey | Institution | For details, see the March 25, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: March 22, 2019 investor relations activities record sheet |
| 2019.04.30 | On-Site Survey | Institution | For details, see the May 7, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: April 30, 2019 investor relations activities record sheet |
| 2019.05.06 | On-Site Survey | Institution | For details, see the May 7, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: May 6, 2019 investor relations activities record sheet |
| 2019.05.10 | On-Site Survey | Institution | For details, see the May 13, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: May 10, 2019 investor relations activities record sheet |
| 2019.05.14 | On-Site Survey | Institution | For details, see the May 16, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: May 14, 2019 investor relations activities record sheet |
| 2019.06.12 | On-Site Survey | Institution | For details, see the May 7, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: May 6, 2019 investor relations activities record sheet |
| 2019.06.12 | On-Site Survey | Institution | For details, see the June 14, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: June 12, 2019 investor relations activities record sheet |
| 2019.06.21 | On-Site Survey | Institution | For details, see the June 25, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: June 21, 2019 investor relations activities record sheet |
| 2019.06.28 | On-Site Survey | Institution | For details, see the July 2, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: June 28, 2019 investor relations activities record sheet |
| 2019.07.03 | On-Site Survey | Institution | For details, see the July 5, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 3, 2019 investor relations activities record sheet |
| 2019.07.05 | On-Site Survey | Institution | For details, see the July 10, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 5, 2019 investor relations activities record sheet |
| 2019.07.19 | On-Site Survey | Institution | For details, see the July 23, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 19, 2019 investor relations activities record sheet |
| 2019.07.23 | On-Site Survey | Institution | For details, see the July 24, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 23, 2019 investor relations |
| activities record sheet | |||
| 2019.07.24 | On-Site Survey | Institution | For details, see the July 26, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 24, 2019 investor relations activities record sheet (1) |
| 2019.07.24 | On-Site Survey | Institution | For details, see the July 26, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: July 24, 2019 investor relations activities record sheet (2) |
| 2019.09.09 | On-Site Survey | Institution | For details, see the September 11, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 9, 2019 investor relations activities record sheet |
| 2019.09.10 | On-Site Survey | Institution | For details, see the September 11, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 10, 2019 investor relations activities record sheet |
| 2019.09.11 | On-Site Survey | Institution | For details, see the September 12, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 11, 2019 investor relations activities record sheet (1) |
| 2019.09.11 | On-Site Survey | Institution | For details, see the September 12, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 11, 2019 investor relations activities record sheet (2) |
| 2019.09.18 | On-Site Survey | Institution | For details, see the September 18, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 18, 2019 investor relations activities record sheet |
| 2019.09.26 | On-Site Survey | Institution | For details, see the September 29, 2019 Shenzhen stock exchange interactive (http://irm.cninfo.com.cn) on the Changan Automobile: September 26, 2019 investor relations activities record sheet |
Chapter 4 Financial StatementsI. Financial Statements
1. Consolidated Balance Sheet
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.
September 30, 2019
In RMB Yuan
| Account | Ending Balance | Opening Balance |
| Current assets: | ||
| Cash | 10,510,594,343.29 | 9,980,544,526.14 |
| Tradable financial assets | 1,657,728,480.75 | |
| Notes receivable | 17,685,913,990.69 | 20,561,625,805.24 |
| Accounts receivable | 2,062,766,851.13 | 1,409,419,600.50 |
| Prepayments | 933,110,268.67 | 866,249,749.51 |
| Other receivables | 3,619,079,956.70 | 3,250,452,923.70 |
| Inventories | 5,795,866,531.08 | 4,917,420,457.19 |
| Other current assets | 2,220,766,320.17 | 2,227,565,353.23 |
| Total current assets | 44,485,826,742.48 | 43,213,278,415.51 |
| Non-current assets: | ||
| Long-term equity investments | 12,239,728,020.92 | 13,275,170,118.83 |
| Investment in other equity instruments | 504,572,800.00 | |
| Available-for-sale financial assets | 1,957,873,311.31 | |
| Investment properties | 7,159,527.61 | 7,329,561.28 |
| Fixed assets | 22,999,637,127.21 | 22,161,054,058.31 |
| Construction in progress | 5,163,264,798.79 | 5,383,844,030.75 |
| Intangible assets | 5,371,286,282.00 | 5,018,243,552.80 |
| Development expenditure | 583,825,055.99 | 789,597,615.60 |
| Goodwill | 9,804,394.00 | 9,804,394.00 |
| Long-term deferred expenses | 16,857,185.20 | 17,104,601.67 |
| Deferred tax assets | 1,564,763,429.61 | 1,655,554,438.89 |
| Total non-current assets | 48,460,898,621.33 | 50,275,575,683.44 |
| TOTAL ASSETS | 92,946,725,363.81 | 93,488,854,098.95 |
| Current liabilities: | ||
| Short-term loans | 229,580,000.00 | 190,000,000.00 |
| Notes payable | 13,442,200,071.34 | 14,807,862,262.39 |
| Accounts payable | 14,670,597,516.17 | 13,916,201,276.95 |
| Advances from customers | 3,366,892,439.12 | 1,556,482,278.92 |
| Payroll payable | 774,352,946.07 | 1,362,995,277.56 |
| Taxes payable | 329,908,762.40 | 669,316,487.25 |
| Other payables | 4,694,200,184.74 | 3,079,749,015.81 |
| Non-current liabilities within one year | 6,594,120.00 | |
| Other current liabilities | 3,773,050,469.49 | 4,325,441,152.61 |
| Total current liabilities | 41,280,782,389.33 | 39,914,641,871.49 |
| Non-current liabilities: | ||
| Long-term payables | 290,124,611.27 | 303,590,824.69 |
| Long-term payroll payable | 49,511,133.37 | 53,837,000.00 |
| Estimated liabilities | 3,578,683,047.90 | 3,245,322,744.12 |
| Deferred Revenue | 4,138,018,290.99 | 3,683,308,534.73 |
| Deferred tax liabilities | 138,768,628.97 | 135,231,170.59 |
| Total non-current liabilities | 8,195,105,712.50 | 7,421,290,274.13 |
| Total liabilities | 49,475,888,101.83 | 47,335,932,145.62 |
| Owners’ equity (or Shareholders’ equity): | ||
| Share capital | 4,802,648,511.00 | 4,802,648,511.00 |
| Capital reserves | 5,057,242,440.17 | 5,057,242,440.17 |
| Other comprehensive income | 271,377,450.64 | 235,509,930.44 |
| Special reserves | 76,351,898.56 | 41,222,369.10 |
| Surplus reserves | 2,401,324,255.50 | 2,401,324,255.50 |
| Retained earnings | 30,959,053,094.79 | 33,707,011,170.31 |
| Equity attributable to owners | 43,567,997,650.66 | 46,244,958,676.52 |
| Minority interests | -97,160,388.68 | -92,036,723.19 |
| Total Owners’ equity (or Shareholders’ equity) | 43,470,837,261.98 | 46,152,921,953.33 |
| Liabilities and owners' equity (or shareholders' equity) in total | 92,946,725,363.81 | 93,488,854,098.95 |
2. Balance Sheet
In RMB Yuan
| Account | Ending Balance | Opening Balance |
| Current assets: | ||
| Cash | 6,783,904,476.19 | 7,310,973,018.99 |
| Tradable financial assets | 160,105,000.00 | |
| Notes receivable | 16,657,797,746.42 | 19,391,160,283.70 |
| Accounts receivable | 6,540,857,455.37 | 5,679,160,679.69 |
| Prepayments | 674,680,338.75 | 671,849,711.04 |
| Other receivables | 2,444,558,642.88 | 2,344,318,158.83 |
| Inventories | 4,137,293,209.04 | 3,851,783,233.12 |
| Other current assets | 1,249,781,601.52 | 1,355,155,749.21 |
| Total current assets | 38,648,978,470.17 | 40,604,400,834.58 |
| Non-current assets: | ||
| Long-term equity investments | 17,340,580,410.69 | 18,017,137,600.72 |
| Investment in other equity instruments | 494,662,800.00 | |
| Available-for-sale financial assets | 541,182,000.00 | |
| Fixed assets | 17,844,661,368.98 | 16,795,537,563.35 |
| Construction in progress | 3,911,485,504.04 | 4,114,409,774.13 |
| Intangible assets | 4,099,740,569.71 | 4,054,893,372.88 |
| Development expenditure | 408,355,613.79 | 559,309,970.45 |
| Long-term deferred expenses | 10,675,460.63 | 12,555,353.69 |
| Deferred tax assets | 1,441,970,444.78 | 1,533,057,523.95 |
| Other non-current assets | 250,000,000.00 | |
| Total non-current assets | 45,552,132,172.62 | 45,878,083,159.16 |
| TOTAL ASSETS | 84,201,110,642.79 | 86,482,483,993.75 |
| Current liabilities: | ||
| Short-term loans | 29,580,000.00 | |
| Notes payable | 11,730,268,174.84 | 13,572,757,870.72 |
| Accounts payable | 12,072,292,829.88 | 10,690,985,635.15 |
| Advances from customers | 2,942,458,998.75 | 1,208,631,011.05 |
| Payroll payable | 476,373,239.33 | 1,001,765,362.99 |
| Taxes payable | 205,806,523.67 | 604,525,457.30 |
| Other payables | 3,165,452,017.82 | 3,219,909,047.22 |
| Other current liabilities | 3,040,696,181.76 | 3,923,419,042.37 |
| Total current liabilities | 33,662,927,966.05 | 34,221,993,426.80 |
| Non-current liabilities: | ||
| Long-term payables | 221,150,961.51 | 248,240,115.29 |
| Long-term payroll payable | 20,403,675.82 | 24,315,000.00 |
| Estimated liabilities | 2,630,952,805.02 | 2,372,512,543.49 |
| Deferred Revenue | 2,836,480,796.10 | 2,827,208,446.74 |
| Deferred tax liabilities | 32,168,492.04 | 26,683,742.04 |
| Total non-current liabilities | 5,741,156,730.49 | 5,498,959,847.56 |
| Total liabilities | 39,404,084,696.54 | 39,720,953,274.36 |
| Owners’ equity (or Shareholders’ equity): | ||
| Share capital | 4,802,648,511.00 | 4,802,648,511.00 |
| Capital reserves | 4,705,917,638.38 | 4,705,917,638.38 |
| Other comprehensive income | 149,525,803.58 | 149,525,803.58 |
| Special reserves | 26,350,160.93 | 19,835,367.61 |
| Surplus reserves | 2,401,324,255.50 | 2,401,324,255.50 |
| Retained earnings | 32,711,259,576.86 | 34,682,279,143.32 |
| Total Owners’ equity (or Shareholders’ equity) | 44,797,025,946.25 | 46,761,530,719.39 |
| Liabilities and owners' equity (or shareholders' equity) in total | 84,201,110,642.79 | 86,482,483,993.75 |
| Account | Current Period | Prior Period |
| 1. Total operating income | 15,239,641,870.97 | 14,208,826,200.12 |
| 2. Total operating cost | 15,436,958,851.52 | 14,849,743,608.98 |
| Including: Operating cost | 12,377,295,658.38 | 11,649,373,012.29 |
| Tax and surcharges | 499,570,118.20 | 485,653,007.58 |
| Operating expenses | 1,373,059,373.36 | 1,369,530,915.47 |
| General and administrative expenses | 878,020,881.02 | 1,206,719,665.90 |
| R&D expenses | 344,466,229.22 | 256,006,612.90 |
| Financial expenses | -35,453,408.66 | -117,539,605.16 |
| Add: Other income | 141,492,994.54 | 294,983,400.18 |
| Investment income (‘-‘ represent loss) | -414,068,660.88 | -129,235,929.05 |
| Including: Investment income from associates and joint venture | -469,708,441.67 | -130,437,799.33 |
| Gains from changes in fair value | 87,070,018.18 | |
| Credit impairment loss | -4,361,637.66 | |
| Asset impairment loss | -1,796,176.94 | |
| Gain on disposal of assets | 5,165,289.52 | 2,320,259.90 |
| 3.Operating profit | -382,018,976.85 | -474,645,854.77 |
| Add: Non-operating income | 5,135,954.79 | 21,403,080.23 |
| Less: Non-operating expenses | 20,336,854.47 | 13,091,796.95 |
| 4.Total profit | -397,219,876.53 | -466,334,571.49 |
| Less: Income tax expense | 25,352,762.93 | -19,920,848.15 |
| 5.Net profit | -422,572,639.46 | -446,413,723.34 |
| Classification by going concern | ||
| Net profit attributable to owners | -421,470,641.21 | -446,525,102.83 |
| Minority interests | -1,101,998.25 | 111,379.49 |
| 6.Other comprehensive income, net of tax | 13,299,672.07 | 17,439,867.39 |
| Net after-tax net of other comprehensive income attributable to the parent company owner | 13,299,672.07 | 17,439,867.39 |
| Other comprehensive income that will be reclassified into profit or loss | 13,299,672.07 | 17,439,867.39 |
| Other comprehensive income of convertible gains and losses under the equity method | -9,692,020.90 | |
| Gains and losses from changes in fair value of available-for-sale financial assets | -8,449,000.00 | |
| Foreign currency financial statement translation difference | 13,299,672.07 | 35,580,888.29 |
| 7.Total comprehensive income | -409,272,967.39 | -428,973,855.95 |
| Total comprehensive income attributable to owners | -408,170,969.14 | -429,085,235.44 |
| Total comprehensive income attributable to minority interest | -1,101,998.25 | 111,379.49 |
| 8.Earnings per share | ||
| Basic earnings per share | -0.08 | -0.09 |
| Diluted earnings per share | N/A | N/A |
| Account | Current Period | Prior Period |
| 1.Operating revenue | 14,120,637,727.72 | 13,093,065,037.67 |
| Less: Operating cost | 12,031,564,713.41 | 10,883,881,181.83 |
| Tax and surcharges | 358,002,714.07 | 378,993,565.82 |
| Operating expenses | 968,592,956.55 | 1,266,350,051.18 |
| General and administrative expenses | 690,004,773.64 | 978,001,082.16 |
| Research and development expenses | 244,023,383.38 | 281,359,134.12 |
| Financial expenses | -32,976,211.68 | -115,817,102.01 |
| Add: Other income | 34,022,327.37 | 46,580,913.63 |
| Investment income | -384,329,858.65 | -126,115,875.65 |
| Including: Investment income from associates and joint venture | -431,385,259.48 | -130,437,799.33 |
| Gains from changes in fair value | -15,265,000.00 | |
| Credit impairment loss | -2,514,873.36 | |
| Asset impairment loss | -747,130.34 | |
| Gain on disposal of assets | 3,009,509.76 | 3,485,853.61 |
| 2.Operating profit | -503,652,496.53 | -656,499,114.18 |
| Add: Non-operating income | 3,122,855.88 | 15,865,485.40 |
| Less: Non-operating expenses | 18,753,563.34 | 12,646,697.02 |
| 3.Total profit | -519,283,203.99 | -653,280,325.80 |
| Less: Income tax expense | -3,216,467.13 | -12,512,741.46 |
| 4.Net profit | -516,066,736.86 | -640,767,584.34 |
| 项目 | 本期发生额 | 上期发生额 |
| 1. Total operating income | 45,115,421,967.81 | 49,851,658,390.16 |
| 2. Total operating cost | 47,846,343,996.87 | 51,224,849,363.25 |
| Including: Operating cost | 39,796,706,285.30 | 42,264,218,716.74 |
| Tax and surcharges | 1,579,840,592.98 | 1,772,568,209.15 |
| Operating expenses | 2,816,275,914.66 | 3,912,993,343.98 |
| General and administrative expenses | 2,138,385,000.99 | 2,255,596,087.56 |
| R&D expenses | 1,647,422,320.75 | 1,362,531,453.29 |
| Financial expenses | -132,286,117.81 | -343,058,447.47 |
| Add: Other income | 762,226,068.65 | 1,411,214,619.50 |
| Investment income | -522,405,370.82 | 1,232,775,886.06 |
| Including: Investment income from associates and joint venture | -578,045,151.61 | 1,231,574,015.78 |
| Gains from changes in fair value | 127,407,169.45 | |
| Credit impairment loss | -13,891,371.32 | |
| Asset impairment loss | -152,676,538.06 | -110,737,599.36 |
| Gain on disposal of assets | 14,557,748.80 | 21,092,069.59 |
| 3.Operating profit | -2,515,704,322.36 | 1,181,154,002.70 |
| Add: Non-operating income | 23,972,635.23 | 50,721,976.99 |
| Less: Non-operating expenses | 32,981,921.67 | 65,440,559.88 |
| 4.Total profit | -2,524,713,608.80 | 1,166,435,419.81 |
| Less: Income tax expense | 141,920,459.01 | -4,632,530.32 |
| 5.Net profit | -2,666,634,067.81 | 1,171,067,950.13 |
| Net profit attributable to owners | -2,661,510,402.32 | 1,163,081,476.01 |
| Minority interests | -5,123,665.49 | 7,986,474.12 |
| 6.Other comprehensive income, net of tax | 35,867,520.20 | 264,469,400.98 |
| Net after-tax net of other comprehensive income attributable to the parent company owner | 35,867,520.20 | 264,469,400.98 |
| Other comprehensive income that will be reclassified into profit or loss | 35,867,520.20 | 264,469,400.98 |
| Other comprehensive income of convertible gains and losses under the equity method | 280,064,467.99 | |
| Gains and losses from changes in fair value of available-for-sale financial assets | -31,985,500.00 |
| Foreign currency financial statement translation difference | 35,867,520.20 | 16,390,432.99 |
| Net after-tax net of other comprehensive income attributable to the minority | ||
| 7.Total comprehensive income | -2,630,766,547.61 | 1,435,537,351.11 |
| Total comprehensive income attributable to owners | -2,625,642,882.12 | 1,427,550,876.99 |
| Total comprehensive income attributable to minority interest | -5,123,665.49 | 7,986,474.12 |
| 8.Earnings per share | ||
| Basic earnings per share | -0.55 | 0.24 |
| Diluted earnings per share | N/A | N/A |
| Account | Current Period | Prior Period |
| 1.Operating revenue | 40,925,746,049.94 | 47,302,130,753.69 |
| Less: Operating cost | 36,669,471,484.36 | 40,610,368,755.55 |
| Tax and surcharges | 1,213,169,611.10 | 1,471,431,305.62 |
| Operating expenses | 1,870,809,533.03 | 3,564,786,417.55 |
| General and administrative expenses | 1,360,825,568.19 | 1,693,916,179.04 |
| Research and development expenses | 1,591,300,039.24 | 1,369,977,610.61 |
| Financial expenses | -121,729,573.14 | -364,251,836.70 |
| Add: Other income | 440,862,305.46 | 808,401,420.89 |
| Investment income | -458,228,680.98 | 1,869,023,010.80 |
| Including: Investment income from associates and joint venture | -509,433,452.89 | 1,231,574,015.78 |
| Gains from changes in fair value | 36,565,000.00 | |
| Credit impairment loss | -6,896,127.61 | |
| Asset impairment loss | -141,818,001.51 | -114,762,129.78 |
| Gain on disposal of assets | 9,756,936.37 | 27,458,836.63 |
| 2.Operating profit | -1,777,859,181.11 | 1,546,023,460.56 |
| Add: Non-operating income | 17,355,197.17 | 38,466,685.40 |
| Less: Non-operating expenses | 27,472,289.72 | 57,358,989.48 |
| 3.Total profit | -1,787,976,273.66 | 1,527,131,156.48 |
| Less: Income tax expense | 96,571,829.17 | -44,352,572.88 |
| 4.Net profit | -1,884,548,102.83 | 1,571,483,729.36 |
| 5.Other comprehensive income, net of tax | - | 248,078,967.99 |
| Other comprehensive income that will be reclassified into profit or loss | - | 248,078,967.99 |
| Other comprehensive income of convertible gains and losses under the equity method | - | 280,064,467.99 |
| Gains and losses from changes in fair value of available-for-sale financial assets | - | -31,985,500.00 |
| 6.Total comprehensive income | -1,884,548,102.83 | 1,819,562,697.35 |
| Account | Current Period | Prior Period |
| 1.Cash flows from operating activities: | ||
| Cash received from sale of goods or rendering of services | 52,195,863,813.18 | 64,290,961,489.90 |
| Refunds of taxes | 370,518,656.33 | 728,229,441.60 |
| Cash received relating to other operating activities | 4,051,700,128.82 | 2,686,402,763.17 |
| Subtotal of cash inflows | 56,618,082,598.33 | 67,705,593,694.67 |
| Cash paid for goods and services | 41,039,472,205.53 | 54,305,861,406.86 |
| Cash paid to and on behalf of employees | 4,256,843,195.40 | 4,782,070,413.71 |
| Cash paid for all types of taxes | 2,275,961,263.72 | 2,212,209,891.97 |
| Cash paid relating to other operating activities | 5,287,982,030.32 | 5,481,602,663.08 |
| Subtotal of cash outflows | 52,860,258,694.97 | 66,781,744,375.62 |
| Net cash flows from operating activities | 3,757,823,903.36 | 923,849,319.05 |
| 2.Cashflows from investing activities: |
| Cash received from investment income | 1,382,556,705.95 | 1,346,724,439.40 |
| Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 9,246,980.58 | 23,899,810.00 |
| Cash received relating to other investing activities | 2,198,000.00 | 26,358,750.00 |
| Subtotal of cash inflows | 1,394,001,686.53 | 1,396,982,999.40 |
| Cash paid for acquisition of fixed assets, intangible assets and other long-term assets | 3,313,861,816.59 | 4,609,034,832.18 |
| Cash paid for acquisition of investments | 936,788,517.00 | 2,541,431,126.88 |
| Cash paid relating to other investing activities | 315,938,190.60 | |
| Subtotal of cash outflows | 4,566,588,524.19 | 7,150,465,959.06 |
| Net cash flows from investing activities | -3,172,586,837.66 | -5,753,482,959.66 |
| 3.Cash flows from financing activities: | ||
| Cash received from borrowings | 85,580,000.00 | 176,000,000.00 |
| Cash received relating to other financing activities | 6,166,032.98 | 782,530,058.59 |
| Subtotal of cash inflows | 91,746,032.98 | 958,530,058.59 |
| Cash repayments of borrowings | 52,708,100.00 | 188,130,000.00 |
| Cash paid for distribution of dividends or profits and interest expenses | 119,340,285.40 | 2,171,816,595.62 |
| Cash paid relating to other financing activities | 333,635,591.15 | |
| Subtotal of cash outflows | 505,683,976.55 | 2,359,946,595.62 |
| Net cash flows from financing activities | -413,937,943.57 | -1,401,416,537.03 |
| 4.Effect of changes in exchange rate on cash | 30,891,589.91 | 22,636,773.73 |
| 5.Net increase in cash and cash equivalents | 202,190,712.04 | -6,208,413,403.91 |
| Add: Opening balance of cash and cash equivalents | 9,648,153,614.80 | 21,451,305,090.53 |
| 6.Closing balance of cash and cash equivalents | 9,850,344,326.84 | 15,242,891,686.62 |
8、Cash Flow Statement
单位：元
| 项目 | 本期发生额 | 上期发生额 |
| 1. CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Cash received from sale of goods or rendering of services | 47,436,005,517.08 | 61,513,377,295.68 |
| Refunds of taxes | 383,815,314.26 | |
| Cash received relating to other operating activities | 2,387,245,384.10 | 2,087,450,058.48 |
| Sub-total of cash inflows | 49,823,250,901.18 | 63,984,642,668.42 |
| Cash paid for goods and services | 37,783,862,965.51 | 51,657,866,443.31 |
| Cash paid to and on behalf of employees | 2,963,826,773.83 | 3,816,901,040.92 |
| Cash paid for all types of taxes | 1,594,920,019.03 | 1,612,304,463.01 |
| Cash paid relating to other operating activities | 4,938,851,025.43 | 5,541,806,425.37 |
| Sub-total of cash outflows | 47,281,460,783.80 | 62,628,878,372.61 |
| Net cash flows from operating activities | 2,541,790,117.38 | 1,355,764,295.81 |
| 2. CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Cash received from return on investments | 839,201.56 | |
| Cash received from investment income | 1,389,178,372.61 | 1,353,648,189.40 |
| Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 19,104,810.00 | |
| Cash received relating to other investing activities | 117,358,750.00 | |
| Sub-total of cash inflows | 1,389,178,372.61 | 1,490,950,950.96 |
| Cash paid for acquisition of fixed assets, intangible assets and other long-term assets | 3,084,777,049.44 | 4,310,287,332.16 |
| Cash paid for acquisition of investments | 997,294,972.55 | 2,696,187,376.88 |
| Cash paid relating to other investing activities | 300,000,000.00 | 200,000,000.00 |
| Sub-total of cash outflows | 4,382,072,021.99 | 7,206,474,709.04 |
| Net cash flows from investing activities | -2,992,893,649.38 | -5,715,523,758.08 |
| 3. CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Cash received from borrowings | 29,580,000.00 | |
| Cash received relating to other financing activities | 461,856,503.42 | |
| Sub-total of cash inflows | 29,580,000.00 | 461,856,503.42 |
| Cash paid for distribution of dividends or profits and interest expenses | 105,545,010.80 | 2,161,624,947.55 |
| Sub-total of cash outflows | 105,545,010.80 | 2,161,624,947.55 |
| Net cash flows from financing activities | -75,965,010.80 | -1,699,768,444.13 |
| 4. EFFECT OF CHANGES IN EXCHANGE RATE ON CASH | ||
| 5. NET INCREASE IN CASH AND CASH EQUIVALENTS | -527,068,542.80 | -6,059,527,906.40 |
| Add: Opening balance of cash and cash equivalents | 7,310,973,018.99 | 20,172,657,984.53 |
| 6. CLOSING BALANCE OF CASH AND CASH EQUIVLANT | 6,783,904,476.19 | 14,113,130,078.13 |
| Account | 2018.12.31 | 2019.1.1 | Adjustment |
| Current assets: | |||
| Cash | 9,980,544,526.14 | 9,980,544,526.14 | |
| Notes receivable and accounts receivable | 21,971,045,405.74 | 21,971,045,405.74 | |
| Notes receivable | 20,561,625,805.24 | 20,561,625,805.24 | |
| Accounts receivable | 1,409,419,600.50 | 1,409,419,600.50 | |
| Prepayments | 866,249,749.51 | 866,249,749.51 | |
| Other receivables | 3,250,452,923.70 | 3,250,452,923.70 |
| Inventories | 4,917,420,457.19 | 4,917,420,457.19 | |
| Holding assets for sale | |||
| Non-current assets due within one year | |||
| Other current assets | 2,227,565,353.23 | 2,227,565,353.23 | |
| Total current assets | 43,213,278,415.51 | 43,213,278,415.51 | |
| Non-current assets: | |||
| Available-for-sale financial assets | 1,957,873,311.31 | not applicable | -1,957,873,311.31 |
| Long-term receivables | |||
| Long-term equity investments | 13,275,170,118.83 | 13,275,170,118.83 | |
| Investment in other equity instruments | not applicable | 1,957,873,311.31 | 1,957,873,311.31 |
| Investment properties | 7,329,561.28 | 7,329,561.28 | |
| Fixed assets | 22,161,054,058.31 | 22,161,054,058.31 | |
| Construction in progress | 5,383,844,030.75 | 5,383,844,030.75 | |
| Intangible assets | 5,018,243,552.80 | 5,018,243,552.80 | |
| Development expenditure | 789,597,615.60 | 789,597,615.60 | |
| Goodwill | 9,804,394.00 | 9,804,394.00 | |
| Long-term deferred expenses | 17,104,601.67 | 17,104,601.67 | |
| Deferred tax assets | 1,655,554,438.89 | 1,655,554,438.89 | |
| Other non-current assets | |||
| Total non-current assets | 50,275,575,683.44 | 50,275,575,683.44 | |
| TOTAL ASSETS | 93,488,854,098.95 | 93,488,854,098.95 | |
| Current liabilities: | |||
| Short-term loans | 190,000,000.00 | 190,000,000.00 | |
| Notes payable and accounts payable | 28,724,063,539.34 | 28,724,063,539.34 | |
| Advances from customers | 1,556,482,278.92 | 1,556,482,278.92 | |
| Payroll payable | 1,362,995,277.56 | 1,362,995,277.56 | |
| Taxes payable | 669,316,487.25 | 669,316,487.25 | |
| Other payables | 3,079,749,015.81 | 3,079,749,015.81 | |
| Non-current liabilities within one year | 6,594,120.00 | 6,594,120.00 | |
| Other current liabilities | 4,325,441,152.61 | 4,325,441,152.61 | |
| Total current liabilities | 39,914,641,871.49 | 39,914,641,871.49 | |
| Non-current liabilities: | |||
| Long-term loans | |||
| Long-term payables | 303,590,824.69 | 303,590,824.69 |
| Long-term payroll payable | 53,837,000.00 | 53,837,000.00 | |
| Estimated liabilities | 3,245,322,744.12 | 3,245,322,744.12 | |
| Deferred Revenue | 3,683,308,534.73 | 3,683,308,534.73 | |
| Deferred tax liabilities | 135,231,170.59 | 135,231,170.59 | |
| Other non-current liabilities | |||
| Total non-current liabilities | 7,421,290,274.13 | 7,421,290,274.13 | |
| Total liabilities | 47,335,932,145.62 | 47,335,932,145.62 | |
| Owners’ equity (or Shareholders’ equity): | |||
| Share capital | 4,802,648,511.00 | 4,802,648,511.00 | |
| Capital reserves | 5,057,242,440.17 | 5,057,242,440.17 | |
| Other comprehensive income | 235,509,930.44 | 235,509,930.44 | |
| Special reserves | 41,222,369.10 | 41,222,369.10 | |
| Surplus reserves | 2,401,324,255.50 | 2,401,324,255.50 | |
| Retained earnings | 33,707,011,170.31 | 33,707,011,170.31 | |
| Equity attributable to owners | 46,244,958,676.52 | 46,244,958,676.52 | |
| Minority interests | -92,036,723.19 | -92,036,723.19 | |
| Total Owners’ equity (or Shareholders’ equity) | 46,152,921,953.33 | 46,152,921,953.33 | |
| Liabilities and owners' equity (or shareholders' equity) in total | 93,488,854,098.95 | 93,488,854,098.95 |
| Account | 2018.12.31 | 2019.1.1 | Adjustment |
| Current assets: | |||
| Cash | 7,310,973,018.99 | 7,310,973,018.99 | |
| Notes receivable and accounts receivable | 25,070,320,963.39 | 25,070,320,963.39 | |
| Notes receivable | 19,391,160,283.70 | 19,391,160,283.70 | |
| Accounts receivable | 5,679,160,679.69 | 5,679,160,679.69 | |
| Prepayments | 671,849,711.04 | 671,849,711.04 | |
| Other receivables | 2,344,318,158.83 | 2,344,318,158.83 |
| Inventories | 3,851,783,233.12 | 3,851,783,233.12 | |
| Holding assets for sale | |||
| Non-current assets due within one year | |||
| Other current assets | 1,355,155,749.21 | 1,355,155,749.21 | |
| Total current assets | 40,604,400,834.58 | 40,604,400,834.58 | |
| Non-current assets: | |||
| Available-for-sale financial assets | 541,182,000.00 | not applicable | -541,182,000.00 |
| Long-term receivables | |||
| Long-term equity investments | 18,017,137,600.72 | 18,017,137,600.72 | |
| Investment in other equity instruments | not applicable | 541,182,000.00 | 541,182,000.00 |
| Investment properties | |||
| Fixed assets | 16,795,537,563.35 | 16,795,537,563.35 | |
| Construction in progress | 4,114,409,774.13 | 4,114,409,774.13 | |
| Intangible assets | 4,054,893,372.88 | 4,054,893,372.88 | |
| Development expenditure | 559,309,970.45 | 559,309,970.45 | |
| Goodwill | |||
| Long-term deferred expenses | 12,555,353.69 | 12,555,353.69 | |
| Deferred tax assets | 1,533,057,523.95 | 1,533,057,523.95 | |
| Other non-current assets | 250,000,000.00 | 250,000,000.00 | |
| Total non-current assets | 45,878,083,159.17 | 45,878,083,159.17 | |
| TOTAL ASSETS | 86,482,483,993.75 | 86,482,483,993.75 | |
| Current liabilities: | |||
| Short-term loans | |||
| Notes payable | 13,572,757,870.72 | 13,572,757,870.72 | |
| Accounts payable | 10,690,985,635.15 | 10,690,985,635.15 | |
| Advances from customers | 1,208,631,011.05 | 1,208,631,011.05 | |
| Payroll payable | 1,001,765,362.99 | 1,001,765,362.99 | |
| Taxes payable | 604,525,457.30 | 604,525,457.30 | |
| Other payables | 3,219,909,047.22 | 3,219,909,047.22 | |
| Holding liabilities for sale | |||
| Non-current liabilities within one year | |||
| Other current liabilities | 3,923,419,042.37 | 3,923,419,042.37 | |
| Total current liabilities | 34,221,993,426.80 | 34,221,993,426.80 | |
| Non-current liabilities: |
| Long-term loans | |||
| Long-term payables | 248,240,115.29 | 248,240,115.29 | |
| Long-term payroll payable | 24,315,000.00 | 24,315,000.00 | |
| Estimated liabilities | 2,372,512,543.49 | 2,372,512,543.49 | |
| Deferred Revenue | 2,827,208,446.74 | 2,827,208,446.74 | |
| Deferred tax liabilities | 26,683,742.04 | 26,683,742.04 | |
| Other non-current liabilities | |||
| Total non-current liabilities | 5,498,959,847.56 | 5,498,959,847.56 | |
| Total liabilities | 39,720,953,274.36 | 39,720,953,274.36 | |
| Owners’ equity (or Shareholders’ equity): | |||
| Share capital | 4,802,648,511.00 | 4,802,648,511.00 | |
| Capital reserves | 4,705,917,638.38 | 4,705,917,638.38 | |
| Other comprehensive income | 149,525,803.58 | 149,525,803.58 | |
| Special reserves | 19,835,367.61 | 19,835,367.61 | |
| Surplus reserves | 2,401,324,255.50 | 2,401,324,255.50 | |
| Retained earnings | 34,682,279,143.32 | 34,682,279,143.32 | |
| Total Owners’ equity (or Shareholders’ equity) | 46,761,530,719.39 | 46,761,530,719.39 | |
| Liabilities and owners' equity (or shareholders' equity) in total | 86,482,483,993.75 | 86,482,483,993.75 |