NNCC(SH:600435)2016-10-24 16:00Financial Performance - Net profit attributable to shareholders of the listed company increased by 12.68% year-on-year, reaching CNY 3,819,015.07[9] - Operating revenue for the first nine months was CNY 936,943,750.11, reflecting a growth of 3.71% compared to the same period last year[9] - Operating income for the first nine months of 2016 was ¥24,033,408.72, a significant increase of 343.83% year-over-year, driven by subsidies and VAT refunds received[17] - Total operating revenue for Q3 was ¥229,785,088.83, a decrease of 36.4% compared to ¥361,515,926.70 in the same period last year[30] - The company reported a total profit of ¥3,915,882.17 for Q3, down 80.2% from ¥19,728,983.00 in the previous year[31] - The basic earnings per share for the first nine months was ¥0.003, down from ¥0.005 in the same period last year[31] Cash Flow - The net cash flow from operating activities was negative at CNY -528,592,576.66, indicating a decline in cash generation[9] - Cash inflow from operating activities for the period was CNY 688,075,611.76, a decrease of 9.14% compared to CNY 757,331,054.24 in the previous year[36] - Cash outflow from operating activities totaled CNY 1,216,668,188.42, an increase of 13.83% from CNY 1,068,489,562.20 year-on-year[37] - Cash inflow from investment activities was CNY 3,014,610.00, down from CNY 3,000,000.00 in the previous year[37] - Cash outflow from investment activities was CNY 23,525,978.35, a decrease of 42.25% compared to CNY 40,530,992.40 last year[37] - Cash inflow from financing activities was CNY 288,400,000.00, down from CNY 317,300,000.00 in the previous year[37] - Cash outflow from financing activities was CNY 360,333,794.15, a decrease of 31.83% compared to CNY 528,443,099.80 last year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,290,576,907.95, a decrease of 2.10% compared to the end of the previous year[9] - Total assets decreased from CNY 4,382,815,321.74 to CNY 4,290,576,907.95, a decline of approximately 2.1%[24] - Current liabilities decreased from CNY 1,790,045,388.78 to CNY 1,651,897,124.03, a reduction of about 7.7%[25] - Non-current liabilities increased from CNY 46,890,477.53 to CNY 124,150,705.74, an increase of approximately 164.5%[25] - Total equity decreased from CNY 2,545,879,455.43 to CNY 2,514,529,078.18, a decline of about 1.2%[25] - Total liabilities decreased from CNY 1,836,935,866.31 to CNY 1,776,047,829.77, a decline of approximately 3.3%[25] Shareholder Information - The number of shareholders at the end of the reporting period was 139,413[11] - The largest shareholder, North Navigation Technology Group Co., Ltd., held 33.79% of the shares, with 503,214,062 shares pledged[11] Receivables and Inventory - Accounts receivable notes decreased by 74.43% to CNY 126,446,775.60, primarily due to the maturity of acceptance bills[13] - Accounts receivable as of September 30, 2016, amounted to ¥1,276,063,629.36, an increase of 118.49% compared to the beginning of the year, primarily due to sales revenue not yet collected[14] - Other receivables increased by 31.61% to ¥15,569,010.18 from the beginning of the year, mainly due to increased advances by sales personnel at a subsidiary[14] - Inventory increased from CNY 218,831,818.81 to CNY 303,444,919.05, an increase of approximately 38.7%[27] Investment and Financing - Long-term borrowings reached ¥46,800,000.00, a 100% increase from zero at the beginning of the year, due to a subsidiary obtaining long-term loans[15] - Long-term payables surged by 938.84% to ¥33,382,677.55, resulting from financing lease arrangements by a subsidiary[15] - The company reported investment income of ¥43,672,516.92 for the first nine months, down from ¥61,034,310.82 in the same period last year[33]