NCFC(SH:600889)2017-10-20 16:00Financial Performance - Operating revenue for the period was ¥1,267,760,784.39, representing an increase of 11.32% year-on-year[7]. - Net profit attributable to shareholders was ¥69,490,464.95, up 22.11% from the previous year[7]. - Basic earnings per share rose to ¥0.226, reflecting a growth of 22.16% compared to the same period last year[7]. - Total operating revenue for Q3 2023 was approximately ¥409.31 million, a decrease of 5.5% compared to ¥433.81 million in Q3 2022[22]. - Net profit for Q3 2023 was approximately ¥28.15 million, a decrease of 30.3% from ¥40.74 million in Q3 2022[23]. - The total profit for Q3 2023 was approximately ¥32.78 million, a decrease of 25.4% from ¥43.91 million in Q3 2022[23]. - The company reported a profit margin of 6.9% for Q3 2023, down from 9.4% in Q3 2022[23]. - Investment income for Q3 2023 was approximately ¥19.46 million, an increase of 108.5% compared to ¥9.32 million in Q3 2022[23]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,237,065,772.04, an increase of 0.39% compared to the end of the previous year[7]. - Current assets totaled CNY 754,012,919.65, up from CNY 728,660,513.24, indicating an increase of about 3.5%[16]. - Non-current assets decreased slightly to CNY 1,483,052,852.39 from CNY 1,499,755,624.43, a decline of approximately 1.1%[16]. - Total liabilities decreased to CNY 714,965,348.97 from CNY 738,664,589.38, representing a reduction of about 3.2%[17]. - Shareholders' equity increased to CNY 1,522,100,423.07 from CNY 1,489,751,548.29, showing an increase of approximately 2.2%[18]. - The total liabilities to equity ratio improved from 0.49 to 0.47, indicating a stronger equity position relative to liabilities[17]. Cash Flow - Cash flow from operating activities showed a negative value of ¥283,818,390.34, a decrease of 197.76% compared to the previous year[7]. - Net cash flow from operating activities decreased by 197.76% to -¥283,818,390.34, reflecting a decline in cash proportion from sales and an increase in inventory[11]. - Cash and cash equivalents decreased by 33.25% to ¥109,048,606.10 from ¥163,365,779.59 due to a reduction in cash received from product sales[11]. - Cash and cash equivalents at the end of the period were CNY 133,098,501.27, down from CNY 329,911,616.67 at the end of the previous year[29]. - Cash flow from financing activities resulted in a net outflow of CNY 37,687,173.73, compared to a net outflow of CNY 64,660,079.56 in the same period last year[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,747[9]. - The largest shareholder, Nanjing New Industry Investment Group, held 33.02% of the shares[9]. Investments and Future Plans - The company reported a significant increase in investment income, rising by 629.76% to ¥35,991,437.45 from ¥4,931,980.64, attributed to a substantial profit increase from a subsidiary[11]. - The company aims to enhance market expansion and product development in the upcoming quarters, focusing on new technologies and strategic acquisitions[25]. - The company is planning a non-public offering of shares, which has been approved by the Jiangsu Provincial State-owned Assets Supervision and Administration Commission[12]. - The application for the non-public issuance of A-shares has been approved by the China Securities Regulatory Commission, pending formal written approval[13]. Other Financial Metrics - The weighted average return on equity increased by 0.20 percentage points to 4.21%[7]. - Management expenses for Q3 2023 were approximately ¥28.41 million, an increase of 1.8% compared to ¥27.90 million in Q3 2022[22]. - Other receivables increased by 97.35% to ¥5,796,122.76 from ¥2,936,963.95, indicating an increase in inter-company transactions[11]. - Long-term deferred expenses decreased by 50.17% to ¥1,781,558.01 due to current period amortization[11]. - The company has not reported any overdue commitments or significant changes in expected cumulative net profit compared to the previous year[14]. - The total comprehensive income for the period was not disclosed in the provided documents[26]. - The company did not report any new product launches or technological advancements in the provided documents[26].