NCIC(SZ:002246)2025-10-28 08:25Financial Performance - Revenue for Q3 reached ¥703,930,038.76, an increase of 81.85% year-over-year, and a total of ¥1,834,989,900.54 for the year-to-date, up 41.09%[5] - Net profit attributable to shareholders was ¥81,648,643.71, a significant increase of 200.55% compared to the same period last year, with a year-to-date total of ¥188,377,164.90, up 504.80%[5] - Basic earnings per share for Q3 were ¥0.1487, reflecting a 200.54% increase year-over-year, and ¥0.3431 year-to-date, up 504.60%[5] - Total operating revenue for the period reached ¥1,834,989,900.54, an increase of 41% compared to ¥1,300,589,458.44 in the previous period[18] - Operating profit improved significantly to ¥211,356,312.86, compared to a loss of ¥66,118,662.75 in the previous period[19] - Net profit for the period was ¥185,455,806.30, recovering from a net loss of ¥48,429,564.86 in the previous period[19] - The total comprehensive income for the period was ¥185,455,806.30, compared to a loss of ¥48,429,564.86 in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,910,632,039.63, representing a 7.51% increase from the end of the previous year[5] - Total assets increased to ¥4,910,632,039.63, up from ¥4,567,421,038.41 in the previous period, reflecting a growth of approximately 7.5%[17] - Total liabilities rose to ¥1,745,982,640.87, compared to ¥1,568,641,173.71 in the previous period, marking an increase of about 11.3%[17] - The company's equity attributable to shareholders increased to ¥2,998,008,292.98, up from ¥2,829,250,904.72, representing a growth of approximately 6%[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥4,440,972.11, a decrease of 98.39% year-to-date[5] - Operating cash inflow for the current period was CNY 1,587,243,304.58, an increase of 50.4% compared to CNY 1,054,646,508.54 in the previous period[20] - Net cash flow from operating activities was negative CNY 4,440,972.11, improving from negative CNY 275,362,458.56 in the previous period[20] - Financing cash inflow was CNY 32,224,185.14, significantly up from CNY 3,758,301.99 in the previous period[21] - Net cash flow from financing activities was CNY 6,573,373.77, a recovery from negative CNY 30,618,106.74 in the previous period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 36,395[11] - The largest shareholder, Shanxi Xinhua Protective Equipment Co., holds 18.06% of shares, totaling 99,138,233 shares[11] - The company has a total of 99,138,233 unrestricted shares held by Shanxi Xinhua Protective Equipment Co.[12] Operational Efficiency - The company has established a new procurement center and restructured several departments to enhance operational efficiency[13] - The company reported a significant increase in total profit of ¥27,298,000, up 478.72% year-over-year, driven by increased revenue and product gross margin[8] Accounts Receivable and Payable - Accounts receivable increased by ¥376,650,000, a rise of 55.86%, primarily due to increased specialized product payments[8] - Accounts receivable increased to 1,050,969,065.54 RMB from 674,316,361.81 RMB, reflecting a growth of approximately 55.6%[15] - The company reported a significant increase in accounts payable, which rose to ¥768,529,669.75 from ¥658,813,482.31, reflecting a growth of approximately 16.7%[17] Inventory and Fixed Assets - Inventory rose to 404,910,544.17 RMB, up from 353,947,599.58 RMB, indicating an increase of about 14.4%[15] - The company’s fixed assets decreased to 818,475,295.55 RMB from 872,733,325.55 RMB, a decline of approximately 6.2%[15] Research and Development - Research and development expenses for the period were ¥89,328,187.95, compared to ¥74,965,532.83 in the previous period, indicating a 19% increase[18]