NHL(SH:600262)2016-10-24 16:00Financial Performance - Net profit attributable to shareholders was a loss of CNY 2,835,610.52, an improvement from a loss of CNY 7,653,102.28 in the same period last year[6] - Operating revenue for the first nine months was CNY 540,158,645.01, down 31.39% from CNY 787,259,620.37 year-on-year[6] - Basic and diluted earnings per share were both -0.0167 CNY, compared to -0.0450 CNY in the same period last year[7] - Net profit attributable to the parent company improved by 62.95%, resulting in a loss of ¥2,835,610.52 compared to a loss of ¥7,653,102.28 in the previous year[15] - The company reported a net loss of ¥5,575,760.74 for the first nine months of 2016, compared to a net loss of ¥20,370,844.25 in the same period of 2015[29] Cash Flow - Net cash flow from operating activities increased by 116.44% to CNY 237,803,487.79 compared to CNY 109,870,400.34 in the same period last year[6] - Cash inflow from operating activities totaled 728,923,170.07 RMB, down 42.4% from 1,265,432,757.14 RMB year-on-year[37] - Cash outflow from operating activities was 491,119,682.28 RMB, a decrease of 57.5% compared to 1,155,562,356.80 RMB in the previous year[37] - Investment activities generated a net cash inflow of 6,140,150.55 RMB, up from 2,101,707.53 RMB in the same period last year[38] - Net cash flow from financing activities was -425,434,255.35 RMB, compared to -390,419,172.55 RMB in the previous year[38] Assets and Liabilities - Total assets decreased by 18.11% to CNY 2,222,219,758.01 compared to the end of the previous year[6] - Current assets decreased from CNY 2,028,942,962.84 to CNY 1,573,155,059.98, a reduction of approximately 22.4%[20] - Total liabilities decreased from CNY 1,820,742,713.34 to CNY 1,333,074,917.56, a decline of approximately 26.8%[22] - Short-term borrowings decreased from CNY 1,040,148,000.00 to CNY 593,589,400.00, a reduction of about 43.0%[21] - Owner's equity decreased from CNY 892,942,772.96 to CNY 889,144,840.45, a slight decline of approximately 0.3%[22] Shareholder Information - The total number of shareholders was 13,272 at the end of the reporting period[10] - The largest shareholder, Inner Mongolia North Heavy Truck Group Co., Ltd., held 32.26% of the shares[10] Government Support and Other Income - The company received government subsidies amounting to CNY 6,400,000.00 during the reporting period[8] - The company reported non-operating income and expenses of -9,479,662.37 CNY, primarily due to liquidation fees from a subsidiary[9] Inventory and Receivables - Accounts receivable decreased by 46.07% to ¥187,771,085.37 as a result of the collection of maturing notes[14] - Other receivables increased by 39.60% to ¥11,234,093.68 due to new deposits[15] - Inventory decreased from CNY 844,100,037.53 to CNY 678,594,386.46, a reduction of about 19.6%[20] Financial Ratios and Metrics - The weighted average return on net assets improved by 0.36 percentage points to -0.29%[7] - Financial expenses decreased by 52.65% to ¥27,271,816.69, attributed to a reduction in loan scale and lower interest rates[15] - The company reported a significant increase in accounts payable from CNY 295,439,035.06 to CNY 202,239,081.31, a decrease of about 31.5%[21]