NBTM(SH:600114)2017-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 92.71% to CNY 209,904,503.63 for the first nine months[5] - Operating revenue increased by 25.04% to CNY 1,297,448,870.36 year-on-year[5] - Basic earnings per share increased by 72.41% to CNY 0.50[5] - The company has seen a significant increase in net profit and revenue, indicating strong operational performance and market demand[5] - The company’s total comprehensive income for the first nine months of 2017 was ¥222,026,566.76, compared to ¥112,150,040.04 in the same period of 2016[35] - Year-to-date net profit for the first nine months of 2017 was ¥153,923,927.50, an increase of 84.4% from ¥83,375,004.44 in the same period last year[38] - Net profit for Q3 2017 was ¥62,948,599.50, representing a 100.5% increase compared to ¥31,324,882.51 in Q3 2016[35] Assets and Liabilities - Total assets increased by 10.63% to CNY 3,131,690,284.99 compared to the end of the previous year[5] - Current assets totaled CNY 1,384,847,998.32, up from CNY 1,228,504,664.13, indicating an increase of about 12.76%[26] - Total liabilities amounted to CNY 519,661,296.30, up from CNY 420,972,649.10, which is an increase of around 23.4%[28] - The company's equity attributable to shareholders reached CNY 2,453,249,797.20, compared to CNY 2,279,874,423.42 at the beginning of the year, representing a growth of about 7.6%[28] - Total assets as of the end of Q3 2017 amounted to ¥2,704,169,924.12, an increase from ¥2,499,897,481.70 at the end of Q3 2016[34] - Total liabilities as of the end of Q3 2017 were ¥401,491,490.68, compared to ¥314,613,845.91 at the end of Q3 2016[34] Cash Flow - Net cash flow from operating activities decreased by 36.04% to CNY 133,327,178.62[5] - Cash flow from operating activities for the first nine months of 2017 was ¥133,327,178.62, down 36.0% from ¥208,456,859.57 in the same period last year[40] - Cash inflow from financing activities totaled CNY 251,143,000.00, down from CNY 400,000,000.00 in the previous year[43] - Net cash flow from financing activities increased to CNY 114,191,831.31, compared to CNY 93,950,122.76 last year, reflecting a growth of 21.5%[43] Shareholder Information - The total number of shareholders reached 16,371 by the end of the reporting period[7] - The largest shareholder, Muku Special Metals Co., Ltd., holds 13.85% of the shares[8] Investments and Capital Expenditures - The company approved an investment of RMB 70.3765 million to increase the capital of Dongmu (Tianjin) Powder Metallurgy Co., Ltd. for a project with a total planned investment of RMB 93.9 million[15] - The company signed an investment intention letter to establish Changchun Dongmu Fu'ao New Materials Co., Ltd. with a registered capital of RMB 28 million, holding 70% of the equity[20] - The company is in the process of liquidating its wholly-owned subsidiary, Ningbo Dongmu Trading Co., Ltd., to enhance core competitiveness and resource utilization efficiency[14] Operational Changes - The company's construction in progress increased by 56.16%, reaching RMB 178,169,588.07, due to the new factory construction and equipment upgrades[12] - The company granted a total of 11 million restricted stocks to 272 incentive objects as part of its third phase stock incentive plan[17] Other Financial Metrics - The weighted average return on equity improved by 2.01 percentage points to 8.93%[5] - The company reported a significant increase in other current assets by 9,407.54%, totaling RMB 141,970,602.16, attributed to investments in financial products[12] - The company received demolition compensation of RMB 31,968,846.37, leading to a 264.55% increase in non-operating income compared to RMB 8,769,283.80 in the previous year[13]