2019 Third Quarter Report of Chongqing Changan Automobile Company Limited 2019 Third Quarter Report
Of
Chongqing Changan Automobile Company Limited
October, 2019
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited Chapter 1 Important Notes
The Board of Directors, the Supervisory Committee and directors, supervisors and senior management of Chongqing Changan Automobile Company Limited (hereinafter referred to as “the Company”) hereby guarantee that no false or misleading statement or major omission was made to the 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 the responsible person of the accounting institution (Accountant in charge) Chen Jianfeng hereby declare that the Financial Statements enclosed in this report are true, accurate and complete.
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited Chapter 2 Basic Information
I. Main accounting data and financial indicators
Does the company conduct the retrospective adjustment or restatement of previous years accounting data due to changes in accounting 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|43,567,997,650.66||||
|||46,244,958,676.52||-5.79%|
|of listed company|||||
||||Amount of the||
||||period from the||
||The reporting period|Variance (%)|beginning of year to|Variance (%)|
||||the end of report||
||||term||
|Operating income|15,239,641,870.97|7.25%|45,115,421,967.81|-9.50%|
|Net profit attributable to shareholders|-421,470,641.21||-2,661,510,402.32||
|||5.61%||-328.83%|
|of the Company|||||
|Net profit excluding non-recurring|-621,493,786.91||-3,533,261,383.35||
|gains and losses attributable to||12.65%||-22,328.47%|
|shareholders of listed company|||||
|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|-|-|-|-|
|||Decrease by 0.01|-5.93%|Decrease by 8.39percentage points|
|Weighted average return on net assets|-0.96%||||
|||percentage points|||

 Accidental gain/loss item and amount
√ Applicable□ Not applicable
In RMB Yuan
|||
|-|-|
||Amount of the period from the beginningof year to the end of report term|
|Item||
|Gain/loss of non-current assets|14,557,748.80|
|Government subsidies accounted into current gain/loss account, other than those|762,226,068.65|
|closely related to the Company’s common business, comply with the national policy||
|and continues to enjoy at certain fixed rate or amount.||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||
|-|-|
|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,||
||127,407,169.45|
|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||
|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|

 According to “Public offering of securities information disclosure of the company's information disclosure announcement No. 1– non-recurring gains and losses “Public offering of securities information disclosure of the company's information disclosure announcement No. 1– non-recurring gains and losses” defined non-recurring items ,and Public offering of securities information disclosure of the company's information disclosure announcement No. 1 - non-recurring gains and losses “The items listed in the non-recurring items defined as recurring items shall be explained .
□ Applicable√Not applicable
The company in the reporting period does not base on the definition and listing of “Public offering of securities information disclosure of the company's information disclosure announcement No. 1– non-recurring gains and losses” about non-recurring gains and losses to define a case of recurring profit or loss.
II. Total number of shareholders at the end of the reporting period and statement on shares held by the top ten tradable shareholders
1. Total number of shareholders at the end of the reporting period and statement on shares held by the top ten shareholders
Unit: share
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
||170,799|||Total number of preferred|||0|||
|As of the reporting period, the||||shareholders with voting rights||||||
|total number of shareholders||||restored at the end of the||||||
|||||reporting period (if any)||||||
|Top 10 Shareholders||||||||||
||||Percentage of|||||Pledging or freezing||
|||Properties of|||Number of|Conditional||||
|Name of the shareholder|||total shares||||||Amou|
|||shareholder|||shares|shares||Share status||
||||（%）||||||nt|
|China South Industries Group Co.,Ltd.||State-owned legal personshares|21.56%||1,035,312,673|||No pledge or||
||||||||||-|
|||||||||frozen||
|China Changan Automobile Co.,Ltd.||State-owned legal personshares|19.32%||928,044,946|139,762,403||No pledge or||
||||||||||-|
|||||||||frozen||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||||||||
|-|-|-|-|-|-|-|-|-|
|China securities finance Co, Ltd|domestic general legalperson shares|4.88%||234,265,333||No pledge or|||
|||||||||-|
|||||||frozen|||
|United Prosperity (Hong Kong)Investment Co., Limited.|foreign legal personshares|3.21%||154,120,237||No pledge or|||
|||||||||-|
|||||||frozen|||
|Central Huijin Investment Ltd.|domestic general legalperson shares|1.15%||55,393,100||No pledge or|||
|||||||||-|
|||||||frozen|||
|DRAGON BILLION SELECTMASTER FUND|foreign legal personshares|0.85%||40,597,114||No pledge or|||
|||||||||-|
|||||||frozen|||
|National Social Security Fund 107combination|fund, finance products,etc.|0.76%||36,489,867||No pledge or|||
|||||||frozen|||
|GIC PRIVATE LIMITED|foreign legal personshares|0.73%||35,283,393||No pledge or|||
|||||||||-|
|||||||frozen|||
|Hong Kong Central ClearingCompany Limited|foreign legal personshares|0.63%||30,458,221||No pledge or|||
|||||||||-|
|||||||frozen|||
|National Social Security Fund 116combination|fund, finance products,etc.|0.45%||21,707,388||No pledge or|||
|||||||||-|
|||||||frozen|||
|Top 10 holders of unconditional shares|||||||||
||||Amount of shares||Category of shares||||
|Name of the shareholder|||without sales||||||
||||||Category of shares||Category of shares||
||||restriction||||||
|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||154,120,237||
||||||shares||||
|Central Huijin Investment Ltd.|||55,393,100||RMB ordinary shares||55,393,100||
|DRAGON BILLION SELECT MASTER FUND|||40,597,114||Domestic listed foreign||40,597,114||
||||||shares||||
|National Social Security Fund 107 combination|||36,489,867||RMB ordinary shares||36,489,867||
|GIC PRIVATE LIMITED|||35,283,393||Domestic listed foreign||35,283,393||
||||||shares||||
|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||
||||Among the top 10 shareholders, China South Industries Group Co., Ltd., the||||||
||||actual controller; China Changan Automobile Group Co., Ltd., the||||||
|Explanation on the relationship and the action alike of above|||||||||
||||controlling shareholder, and its wholly owned subsidiary United Prosperity||||||
|shareholders|||||||||
||||(Hong Kong) Investment Co., Limited. belong to the concerted actor||||||
||||regulated by “Disclosure Administration of Shares Change Information of||||||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||
|-|
|The Listed Company”.|

Whether the company top 10 shareholders of ordinary shares, and the top 10 circulated shareholders agreed on the repurchase transactions 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 transactions during the report period
2. Total number of preferred shareholders at the end of the reporting period and statement on preferred shares held by the top ten tradable shareholders
□Applicable√Not Applicable
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited Chapter 3 Important Matters
I. Significant changes& reasons in major accounting data, financial indicators
√Applicable□Not Applicable
In RMB Yuan
||||||||
|-|-|-|-|-|-|-|
|Number|Balance Sheet Items|Sep. 30th,2019||Jan. 1st, 2019||Changes (%)|
|1|Transactional financial assets|1,657,728,480.75||-||-|
|2|Other equity investment|504,572,800.00||-||-|
|3|Available for sale financial assets|-||1,957,873,311.31||-|
|4|Advances from customers||3,366,892,439.12||1,556,482,278.92|116.31%|
|5|Payroll payable||774,352,946.07||1,362,995,277.56|-43.19%|
|6|Taxes payable||329,908,762.40||669,316,487.25|-50.71%|
|7|Other payables||4,694,200,184.74||3,079,749,015.80|52.42%|
||Income Statement Items|Jan-Sep 2019||Jan-Sep 2018||Changes (%)|
|8|Investment gains and losses|-522,405,370.82||1,232,775,886.06||-142.38%|
|9|Profits belong to the parent company'sowner|-2,661,510,402.32||1,163,081,476.01||-328.83%|
||Cash Flow Statement Items|Jan-Sep 2019||Jan-Sep 2018||Changes (%)|
|10|Net cash flows from operatingactivities|3,757,823,903.36||923,849,319.05||306.76%|
|11|Net cash flows from investingactivities|-3,172,586,837.66||-5,753,482,959.66||44.86%|
|12|Net cash flows from financingactivities|-413,937,943.57||-1,401,416,537.03||70.46%|
|13|Net increase of cash and cashequivalents|202,190,712.04||-6,208,413,403.91||103.26%|

As at the end of reporting period, thecompany’s total asset was 92.991 billionYuan，with0.53% decrease compared with the beginning of theyear；The total liability was 49.520 billion Yuan, with4.61% increase compared with the beginning of the year. The debt asset ratio was53.25%，which was 2.62 percentage points higher than that at the beginning of the year. The huge variance of transactional financialassets、other equity investment and Available for sale financial assets mainly result from the reclassification of available-for-sale financialassets；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 thequarter；The balance of payroll payables decreased mainly due to the reduction of the accruedpayment；The
balance of taxes payable decreased mainly due to the decrease in the consumption tax payable; The balance of other payables
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited 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 investment income of joint ventures and jointventures；Net profit attributable to owners of the parent company decreased significantly, mainly due to the decline in sales of the company.
During the reporting period, the net increase of cash and cash equivalents risedsignificantly，mainly due to the significant decrease in net cash flows from investing activities and the significant increase in net cash flows from operatingactivities；the net cash flow from operating activities increased significantly, mainly due to the decrease span of cash paid for goods and services purchased greater than that received for goods sold and servicesprovided；the net cash flows from investing activities decreased on a 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 the same period of last year, mainly due to the decrease in debt repayment and cash dividend distribution as compared with the same period of last year.
II. The progress and influence of significant events and the analysis and explanation on resolving 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 other commitment partiesdon’t have any overdue unfulfilled commitments.
IV. Forecast of operation performance of 2019
The 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 the next reporting period compared with the same period of last year
□Applicable√Not Applicable
V. Securities investment
√Applicable□Not Applicable
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
|||||Number of|Percentage|Number of|Percentage|||Acc|Sou|
|Securit||Securitie|Initial|||||Book value at|Reporting period|||
||Securitie|||shares held|of shares|shares held|of shares|||ount|rce|
|ies||s short|investment cost|||||the end of the|profit and loss|||
||s code|||at the|held at the|at the end of|held at the|||ing|of|
|variety||name|（Yuan）|||||period|（Yuan）|||
|||||beginning of|beginning|the period|end of the|||acco|shar|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||||||||||
|-|-|-|-|-|-|-|-|-|-|-|-|
|||||the period|of the|（Share）|period|（Yuan）||unt|es|
|||||（Share）|period|||||||
||600369|SouthwestSecurities|50,000,000|35,500,000|0.63%|35,500,000|0.63%|160,105,000|31,080,250.00|Transactionalfinancialassets|Initainvestmen|
|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|Transactionalfinancialassets|Initainvestmen|
|Stock||||||||||||
||||1,102,930,406.3|||||1,657,728,480.||||
|Total||||58,499,575|--|58,499,575|--||108,296,094.03|--|--|
||||6|||||75||||

VI. Entrusted financial management
□Applicable√Not Applicable
During the reporting period, there is no entrusted financial management.
VII. Derivative Investment
□Applicable√Not Applicable
During the company's reporting period, there is no derivative investment.
VIII. Interviews and visits in the reporting period
√Applicable□Not Applicable
|||||
|-|-|-|-|
|Date|Manner|Object|Content discussed and material offered|
||||For details, see the January 4, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.02||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 2, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the January 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.10||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor|
||Survey|||
||||relations activities record sheet(1)|
||||For details, see the January 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.10||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor|
||Survey|||
||||relations activities record sheet(2)|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||
|-|-|-|-|
||||For details, see the January 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.10||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 10, 2019 investor|
||Survey|||
||||relations activities record sheet(3)|
||||For details, see the January 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.11||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 11, 2019 investor|
||Survey|||
||||relations activities record sheet(1)|
||||For details, see the January 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.11||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 11, 2019 investor|
||Survey|||
||||relations activities record sheet(2)|
||||For details, see the January 17, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.15||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 15, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the January 18, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.15||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 15, 2019 investor|
||Survey|||
||||relations activities record sheet(2)|
||||For details, see the January 18, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.16||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 16, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the January 22, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.18||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 18, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the January 24, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.22||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 22, 2019 investor|
||Survey|||
||||relations activities record sheet(1)|
||||For details, see the January 24, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.01.22||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: January 22, 2019 investor|
||Survey|||
||||relations activities record sheet(2)|
||||For details, see the February 27, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.02.26||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: February 26, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the March 1, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.02.28||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: February 28, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the March 7, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.03.05||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: March 5, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the March 18, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.03.14||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: March 14, 2019 investor|
||Survey|||
||||relations activities record sheet(1)|
|2019.03.14|On-Site|Institution|For details, see the March 18, 2019 Shenzhen stock exchange interactive|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||
|-|-|-|-|
||Survey||(http://irm.cninfo.com.cn) on the Changan Automobile: March 14, 2019 investor|
||||relations activities record sheet|
||||For details, see the March 20, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.03.19||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: March 19, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the March 25, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.03.22||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: March 22, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the May 7, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.04.30||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: April 30, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the May 7, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.05.06||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: May 6, 2019 investor relations|
||Survey|||
||||activities record sheet|
||||For details, see the May 13, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.05.10||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: May 10, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the May 16, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.05.14||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: May 14, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the May 7, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.06.12||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: May 6, 2019 investor relations|
||Survey|||
||||activities record sheet|
||||For details, see the June 14, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.06.12||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: June 12, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the June 25, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.06.21||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: June 21, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the July 2, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.06.28||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: June 28, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the July 5, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.07.03||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: July 3, 2019 investor relations|
||Survey|||
||||activities record sheet|
||||For details, see the July 10, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.07.05||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: July 5, 2019 investor relations|
||Survey|||
||||activities record sheet|
||||For details, see the July 23, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.07.19||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: July 19, 2019 investor relations|
||Survey|||
||||activities record sheet|
||On-Site||For details, see the July 24, 2019 Shenzhen stock exchange interactive|
|2019.07.23||Institution||
||Survey||(http://irm.cninfo.com.cn) on the Changan Automobile: July 23, 2019 investor relations|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||
|-|-|-|-|
||||activities record sheet|
||||For details, see the July 26, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.07.24||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: July 24, 2019 investor relations|
||Survey|||
||||activities record sheet (1)|
||||For details, see the July 26, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.07.24||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: July 24, 2019 investor relations|
||Survey|||
||||activities record sheet (2)|
||||For details, see the September 11, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.09||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 9, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the September 11, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.10||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 10, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the September 12, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.11||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 11, 2019 investor|
||Survey|||
||||relations activities record sheet (1)|
||||For details, see the September 12, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.11||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 11, 2019 investor|
||Survey|||
||||relations activities record sheet (2)|
||||For details, see the September 18, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.18||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 18, 2019 investor|
||Survey|||
||||relations activities record sheet|
||||For details, see the September 29, 2019 Shenzhen stock exchange interactive|
||On-Site|||
|2019.09.26||Institution|(http://irm.cninfo.com.cn) on the Changan Automobile: September 26, 2019 investor|
||Survey|||
||||relations activities record sheet|

IX. Illegal external guarantee
□Applicable√Not Applicable
The companydoesn’t violate the rules of external guarantee during the reporting period.
X. Controlling shareholder and its related parties to the listing Corporation's non-operating funds
□Applicable√Not Applicable
During the reporting period, there is no non-operating capital occupied by the controlling shareholder and its related parties to the listed company.
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited Chapter 4 Financial Statements
I. 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|||
||504,572,800.00||
|instruments|||
|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|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|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|||
|||6,594,120.00|
|year|||
|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’|||
||43,470,837,261.98|46,152,921,953.33|
|equity)|||
|Liabilities and owners' equity (or|||
||92,946,725,363.81|93,488,854,098.95|
|shareholders' equity) in total|||

Legal person: Zhang Baolin Chief financial officer: Zhang Deyong The head of accounting department: Chen Jianfeng
2019 Third Quarter Report of Chongqing Changan Automobile Company Limited 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|||
||494,662,800.00||
|instruments|||
|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|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|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 (orshareholders' equity) in total|||
||84,201,110,642.79|86,482,483,993.75|

3. Consolidated Income Statement of the reporting term
In RMB Yuan
||||
|-|-|-|
|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|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|Add: Other income|141,492,994.54|294,983,400.18|
|Investment income (‘-‘ represent|||
||-414,068,660.88|-129,235,929.05|
|loss)|||
|Including: Investment income|||
||-469,708,441.67|-130,437,799.33|
|from associates and joint venture|||
|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|13,299,672.07|17,439,867.39|
|parent company owner|||
|Other comprehensive income that|||
||13,299,672.07|17,439,867.39|
|will be reclassified into profit or loss|||
|Other comprehensive income of|||
|convertible gains and losses under the||-9,692,020.90|
|equity method|||
|Gains and losses from changes in|||
|fair value of available-for-sale financial||-8,449,000.00|
|assets|||
|Foreign currency financial|||
||13,299,672.07|35,580,888.29|
|statement translation difference|||
|7.Total comprehensive income|-409,272,967.39|-428,973,855.95|
|Total comprehensive income|||
||-408,170,969.14|-429,085,235.44|
|attributable to owners|||
|Total comprehensive income|||
||-1,101,998.25|111,379.49|
|attributable to minority interest|||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|8.Earnings per share|||
|Basic earnings per share|-0.08|-0.09|
|Diluted earnings per share|N/A|N/A|

 Legal person: Zhang Baolin Chief financial officer: Zhang Deyong The head of accounting department: Chen Jianfeng 4. Income Statement of the reporting term
In RMB Yuan
||||
|-|-|-|
|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|||
||690,004,773.64|978,001,082.16|
|expenses|||
|Research and development|||
||244,023,383.38|281,359,134.12|
|expenses|||
|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|||
||-431,385,259.48|-130,437,799.33|
|from associates and joint venture|||
|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|

5、Consolidated Income Statement from 1st January to 30th September
In RMB Yuan
||||
|-|-|-|
|项目|本期发生额|上期发生额|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|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|||
||-578,045,151.61|1,231,574,015.78|
|associates and joint venture|||
|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|35,867,520.20|264,469,400.98|
|comprehensive income attributable to the|||
|parent company owner|||
|Other comprehensive income that will|35,867,520.20|264,469,400.98|
|be reclassified into profit or loss|||
|Other comprehensive income of|||
|convertible gains and losses under the||280,064,467.99|
|equity method|||
|Gains and losses from changes in|||
|fair value of available-for-sale financial||-31,985,500.00|
|assets|||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|Foreign currency financial|35,867,520.20||
|||16,390,432.99|
|statement translation difference|||
|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|-2,625,642,882.12|1,427,550,876.99|
|attributable to owners|||
|Total comprehensive income|-5,123,665.49|7,986,474.12|
|attributable to minority interest|||
|8.Earnings per share|||
|Basic earnings per share|-0.55|0.24|
|Diluted earnings per share|N/A|N/A|

 Legal person: Zhang Baolin Chief financial officer: Zhang Deyong The head of accounting department: Chen Jianfeng6、Income Statement from 1st January to 30th September
In RMB Yuan
||||
|-|-|-|
|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 administrativeexpenses|||
||1,360,825,568.19|1,693,916,179.04|
|Research and developmentexpenses|||
||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 incomefrom 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|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|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|-|248,078,967.99|
|tax|||
|Other comprehensive income that|-|248,078,967.99|
|will be reclassified into profit or loss|||
|Other comprehensive income of|-|280,064,467.99|
|convertible gains and losses under the|||
|equity method|||
|Gains and losses from changes in|-|-31,985,500.00|
|fair value of available-for-sale financial|||
|assets|||
|6.Total comprehensive income|-1,884,548,102.83|1,819,562,697.35|

7、Consolidated cash flow statement
In RMB Yuan
||||
|-|-|-|
|Account|Current Period|Prior Period|
|1.Cash flows from operating activities:|||
|Cash received from sale of goods|||
||52,195,863,813.18|64,290,961,489.90|
|or rendering of services|||
|Refunds of taxes|370,518,656.33|728,229,441.60|
|Cash received relating to other|||
||4,051,700,128.82|2,686,402,763.17|
|operating activities|||
|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|||
||4,256,843,195.40|4,782,070,413.71|
|employees|||
|Cash paid for all types of taxes|2,275,961,263.72|2,212,209,891.97|
|Cash paid relating to other|||
||5,287,982,030.32|5,481,602,663.08|
|operating activities|||
|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:|||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|Cash received from investment|||
||1,382,556,705.95|1,346,724,439.40|
|income|||
|Net cash received from disposal of|||
|fixed assets, intangible assets and other|9,246,980.58|23,899,810.00|
|long-term assets|||
|Cash received relating to other|||
||2,198,000.00|26,358,750.00|
|investing activities|||
|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|3,313,861,816.59|4,609,034,832.18|
|long-term assets|||
|Cash paid for acquisition of|||
||936,788,517.00|2,541,431,126.88|
|investments|||
|Cash paid relating to other|||
||315,938,190.60||
|investing activities|||
|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|||
||6,166,032.98|782,530,058.59|
|financing activities|||
|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|119,340,285.40|2,171,816,595.62|
|expenses|||
|Cash paid relating to other|||
||333,635,591.15||
|financing activities|||
|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|||
||30,891,589.91|22,636,773.73|
|cash|||
|5.Net increase in cash and cash|||
||202,190,712.04|-6,208,413,403.91|
|equivalents|||
|Add: Opening balance of cash and cash|||
||9,648,153,614.80|21,451,305,090.53|
|equivalents|||
|6.Closing balance of cash and cash|||
||9,850,344,326.84|15,242,891,686.62|
|equivalents|||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited8、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|||
||47,436,005,517.08|61,513,377,295.68|
|or rendering of services|||
|Refunds of taxes||383,815,314.26|
|Cash received relating to other|||
||2,387,245,384.10|2,087,450,058.48|
|operating activities|||
|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|||
||2,963,826,773.83|3,816,901,040.92|
|employees|||
|Cash paid for all types of taxes|1,594,920,019.03|1,612,304,463.01|
|Cash paid relating to other|||
||4,938,851,025.43|5,541,806,425.37|
|operating activities|||
|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|||
|||839,201.56|
|investments|||
|Cash received from investment|||
||1,389,178,372.61|1,353,648,189.40|
|income|||
|Net cash received from disposal of|||
|fixed assets, intangible assets and other||19,104,810.00|
|long-term assets|||
|Cash received relating to other|||
|||117,358,750.00|
|investing activities|||
|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|3,084,777,049.44|4,310,287,332.16|
|long-term assets|||
|Cash paid for acquisition of|||
||997,294,972.55|2,696,187,376.88|
|investments|||
|Cash paid relating to other|||
||300,000,000.00|200,000,000.00|
|investing activities|||
|Sub-total of cash outflows|4,382,072,021.99|7,206,474,709.04|

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||
|-|-|-|
|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|||
|||461,856,503.42|
|financing activities|||
|Sub-total of cash inflows|29,580,000.00|461,856,503.42|
|Cash paid for distribution of|||
|dividends or profits and interest|105,545,010.80|2,161,624,947.55|
|expenses|||
|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|||
||-527,068,542.80|-6,059,527,906.40|
|CASH EQUIVALENTS|||
|Add: Opening balance of cash and|||
||7,310,973,018.99|20,172,657,984.53|
|cash equivalents|||
|6. CLOSING BALANCE OF CASH|||
||6,783,904,476.19|14,113,130,078.13|
|AND CASH EQUIVLANT|||

II. Notes on financial statement adjustments
1. Relevant situations of adjustment in financial statement at the beginning of the year when the new financial instrument standards, new income standards and new lease standards are first implemented√Applicable□Not Applicable
Consolidated Balance Sheet
In RMB Yuan
|||||
|-|-|-|-|
|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||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||||||
|-|-|-|-|-|-|-|
|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|||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||
|-|-|-|-|
|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|93,488,854,098.95||93,488,854,098.95|
|total||||

Statement of adjustment
In 2017, the Ministry of Finance revised and issued the “Accounting Standard for Business Enterprise No.22- Recognition of financial instrument and measurement”, “Accounting Standard for Business Enterprise No.23- Transfer of Financial assets”, “Accounting Standard for Business Enterprise No.24- Hedge Accounting” and “Accounting Standard for Business Enterprise No.37- Presentation of financial instruments”, and the enterprises listed in China are required to implementing relevant accounting rules of new financial instruments since 1 Jan. 2019.
In accordance with the requirement, the company carries out above mentioned accounting rules since 1 Jan. 2019 and reclassify “Available-for-sale financial assets” into “Investment in other equity instruments” for presenting.
Balance Sheet
In RMB Yuan
|||||
|-|-|-|-|
|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||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
|||||||
|-|-|-|-|-|-|
|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:||||||

2019 Third Quarter Report of Chongqing Changan Automobile Company Limited
||||||
|-|-|-|-|-|
|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|86,482,483,993.75||86,482,483,993.75||
|total|||||

Statement of adjustment
In 2017, the Ministry of Finance revised and issued the “Accounting Standard for Business Enterprise No.22- Recognition of financial instrument and measurement”, “Accounting Standard for Business Enterprise No.23- Transfer of Financial assets”, “Accounting Standard for Business Enterprise No.24- Hedge Accounting” and “Accounting Standard for Business Enterprise No.37- Presentation of financial instruments”, and the enterprises listed in China are required to implementing relevant accounting rules of new financial instruments since 1 Jan. 2019.
In accordance with the requirement, the company carries out above mentioned accounting rules since 1 Jan. 2019 and reclassify “Available-for-sale financial assets” into “Investment in other equity instruments” for presenting.
2. Explanation on retrospective adjustments in the previous comparison data for the first implementation of new financial instrument standards and new lease standards
□Applicable√Not Applicable
III.Auditors’ Report
Whether the third quarter report has been audited
□ Yes√No
The third quarter report has not been audited.