NNCI(SH:600301)2017-10-29 16:00Financial Performance - Operating revenue increased significantly by 352.41% year-on-year, reaching ¥209,068,859.80[7] - Net profit attributable to shareholders was a loss of ¥1,859,297.92, an improvement from a loss of ¥32,908,682.39 in the same period last year[7] - The company's net profit for the year is expected to show significant changes compared to the previous year, but specific figures were not disclosed[12] - Total revenue for the third quarter was ¥186,865,612.13, a significant increase from ¥6,017,441.97 in the same period last year[25] - The net profit for the quarter was ¥6,724,911.90, a recovery from a net loss of ¥37,693,761.28 in the same quarter last year[26] - The net profit for the third quarter was ¥8,279,447.37, compared to a net loss of ¥10,760,672.86 in the same period last year, indicating a turnaround in profitability[29] - The total profit for the first nine months was ¥5,971,402.87, a recovery from a loss of ¥10,760,672.86 in the same period last year[29] Cash Flow - Net cash flow from operating activities was ¥66,869,044.73, a turnaround from a negative cash flow of ¥37,375,504.86 in the previous year[7] - Cash flow from operating activities generated a net amount of ¥66,869,044.73, a substantial improvement from a net outflow of ¥37,375,504.86 in the previous year[32] - Cash inflow from operating activities increased significantly to $257.81 million from $114.00 million year-over-year, representing a growth of 126.5%[36] - Net cash flow from operating activities turned positive at $67.55 million compared to a negative $40.35 million in the same period last year[36] - Cash inflow from financing activities totaled $90.00 million, with cash outflow for financing activities amounting to $52.74 million, resulting in a net cash flow of $37.26 million[37] - The net increase in cash and cash equivalents for the period was $157.53 million, compared to a decrease of $93.09 million in the previous year[37] - The ending balance of cash and cash equivalents reached $350.79 million, up from $321.85 million year-over-year[37] Assets and Liabilities - Total assets decreased by 16.34% from the end of the previous year, amounting to ¥808,514,664.29[7] - Total assets decreased to ¥808,514,664.29 from ¥966,437,931.49, indicating a reduction in overall asset base[17] - The total assets decreased from ¥554,022,488.75 at the beginning of the year to ¥401,474,804.20 by the end of the reporting period[22] - Total liabilities decreased to ¥576,602,187.53 from ¥735,321,542.33, reflecting a reduction in financial obligations[18] - The total liabilities also decreased from ¥255,263,506.25 to ¥96,744,418.83, reflecting improved financial stability[22] - The total owner's equity increased to ¥304,730,385.37 from ¥298,758,982.50, indicating a positive trend in shareholder value[22] Shareholder Information - The total number of shareholders reached 10,992, indicating a stable shareholder base[10] - The largest shareholder, Nanning Chemical Group Co., Ltd., holds 32.00% of the shares, totaling 75,248,058 shares[10] Operational Efficiency - Management expenses decreased by 60.50% to ¥902.81 from ¥2,285.70 due to lower personnel-related costs[11] - The company reported a significant reduction in management expenses, which decreased to ¥4,099,685.48 from ¥16,991,839.05 year-on-year, a decline of 75.8%[28] - The company plans to continue focusing on cost management and operational efficiency to sustain profitability in future quarters[25] Inventory and Receivables - Accounts receivable decreased by 32.19% to ¥25,071,128.73 from ¥36,974,104.47 due to accelerated cash collection[11] - Inventory dropped significantly by 99.97% to ¥50,084.23 from ¥174,236,903.07 as the company sold off its stock[11] - The company reported a significant reduction in accounts receivable, which decreased from ¥36,974,104.47 to ¥25,071,128.73[21] Earnings Per Share - The company reported a basic earnings per share of -0.0079, an improvement from -0.1399 in the previous year[7] - The basic earnings per share for the quarter was ¥0.0318, compared to a loss of ¥0.0778 in the same quarter last year[26]