NCFC(SH:600889)2016-10-21 16:00Financial Performance - Net profit attributable to shareholders was CNY 56,907,944.99, representing an 87.61% decrease year-on-year[7]. - Operating revenue for the first nine months was CNY 1,138,865,561.23, down 0.72% from the same period last year[7]. - Basic and diluted earnings per share were CNY 0.185, a decline of 87.63% compared to CNY 1.495 in the previous year[7]. - The company reported a net profit attributable to shareholders of ¥56,907,944.99, down 87.61% compared to ¥459,198,413.29 in the same period last year[13]. - Total operating revenue for the third quarter was approximately ¥433.81 million, a decrease of 8.27% compared to ¥472.98 million in the same period last year[23]. - Net profit for the third quarter was approximately ¥40.74 million, a significant decline of 91.12% compared to ¥458.33 million in the same quarter last year[24]. - Year-to-date net profit from January to September was approximately ¥57.24 million, down 87.56% from ¥459.98 million in the same period last year[24]. - Investment income for the third quarter was approximately ¥9.32 million, a decrease from ¥480.56 million in the same quarter last year[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,129,557,036.86, a decrease of 1.91% compared to the end of the previous year[7]. - The total liabilities decreased significantly, with short-term borrowings dropping to zero after repayment[13]. - Current liabilities decreased from CNY 575,592,619.71 to CNY 491,263,915.10, a reduction of about 14.7%[18]. - Non-current assets decreased from CNY 1,525,430,099.21 to CNY 1,477,414,165.02, a decrease of approximately 3.1%[17]. - Total liabilities decreased from CNY 763,987,208.25 to CNY 676,008,475.16, a reduction of approximately 11.5%[18]. - Shareholders' equity increased from CNY 1,407,052,996.01 to CNY 1,453,548,561.70, an increase of about 3.3%[18]. Cash Flow - Net cash flow from operating activities was CNY 290,310,269.77, a significant improvement from a negative CNY 67,189,882.00 in the same period last year[7]. - Cash and cash equivalents increased significantly to ¥352,441,763.03, up 332.94% from ¥81,405,872.88 at the beginning of the period[13]. - Cash inflow from sales of goods and services reached ¥739,090,928.90, an increase of 20.6% compared to ¥612,802,357.19 in the same period last year[30]. - The net increase in cash and cash equivalents for the period was ¥273,588,150.25, compared to an increase of ¥86,602,588.55 in the previous year[31]. - Cash and cash equivalents at the end of the period totaled ¥329,911,616.67, up from ¥141,107,051.03 at the end of the same period last year[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 31,834[11]. - The largest shareholder, Nanjing New Industry Investment Group Co., Ltd., held 33.02% of the shares[11]. Expenses and Costs - The company reported a substantial increase in operating expenses, with non-operating expenses rising by 283.01% to ¥2,760,762.67[13]. - Financial expenses decreased by 84.07% to ¥1,810,255.41 from ¥11,366,651.43, due to the expiration of loans without renewal[13]. - Management expenses for the third quarter were approximately ¥27.90 million, down 30.94% from ¥40.48 million year-over-year[23]. - The company paid ¥45,923,772.10 in taxes, an increase from ¥32,109,816.59 in the previous year[30]. Government and Other Income - Government subsidies recognized during the reporting period amounted to CNY 2,240,610.82[9]. - Non-recurring gains and losses totaled CNY 1,831,800.67 for the year-to-date[10]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[26].