NHL(SH:600262)2019-10-25 16:00Financial Performance - Operating revenue for the first nine months rose by 8.60% to CNY 989,586,658.81 compared to the same period last year[6]. - Net profit attributable to shareholders decreased by 37.56% to CNY 45,444,685.63 compared to the same period last year[6]. - Basic and diluted earnings per share fell by 37.56% to CNY 0.2673 compared to the same period last year[7]. - The weighted average return on equity decreased by 2.79 percentage points to 3.91%[7]. - Total operating revenue for Q3 2019 reached ¥469,273,139.60, a significant increase from ¥291,436,221.64 in Q3 2018, representing a growth of approximately 61%[23]. - Net profit for Q3 2019 was ¥16,993,020.79, up from ¥3,654,643.40 in Q3 2018, reflecting a growth of approximately 366%[24]. - The total comprehensive income attributable to the parent company for the first three quarters of 2019 was ¥45,444,685.63, compared to ¥72,782,711.65 in the same period of 2018, showing a decline of approximately 38%[26]. - The total profit for the first three quarters of 2019 was ¥53.46 million, down 65.6% from ¥155.46 million in the same period of 2018[28]. Assets and Liabilities - Total assets increased by 26.88% to CNY 2,603,775,953.61 compared to the end of the previous year[6]. - The total liabilities amounted to CNY 1,440,513,671.80, compared to CNY 899,900,469.02, marking an increase of around 60%[21]. - Current liabilities totaled CNY 1,314,139,874.37, up from CNY 791,531,556.50, indicating an increase of about 66%[21]. - The company's total assets were reported at CNY 2,052,197,759.69, with current assets totaling CNY 1,478,021,497.84[41]. - The company's retained earnings increased to CNY 172,133,489.00 from CNY 162,388,803.37, a growth of about 6%[22]. - Long-term equity investments rose to CNY 74,539,955.91 from CNY 67,693,711.01, showing an increase of approximately 10%[19]. - The company reported a significant increase in accounts receivable, which rose to CNY 653,861,480.37 from CNY 328,425,669.82, representing a growth of approximately 99%[19]. - Inventory surged by 143.93% to ¥989,103,241.16 from ¥405,481,953.17 to meet production demands[11]. Cash Flow - The net cash flow from operating activities was negative at CNY -321,235,728.23 for the first nine months[6]. - Cash inflow from operating activities totaled CNY 878,898,524.25 in the first nine months of 2019, down from CNY 908,196,992.13 in the same period of 2018, indicating a decline of about 3.5%[33]. - Cash outflow for purchasing goods and services in the first nine months of 2019 was CNY 1,051,781,840.04, an increase from CNY 826,570,777.03 in the same period of 2018, reflecting a rise of approximately 27.3%[33]. - The company reported a net cash outflow from operating activities of ¥321.24 million in the first three quarters of 2019, compared to a net outflow of ¥190.03 million in the same period of 2018[31]. - The company raised ¥420 million in borrowings during the first three quarters of 2019, compared to ¥250 million in the same period of 2018[31]. - The net cash flow from financing activities improved by 234.33% to ¥217,427,100.70 from ¥65,034,193.20, driven by new working capital loans[12]. Shareholder Information - The total number of shareholders reached 8,986 by the end of the reporting period[9]. - The largest shareholder, Inner Mongolia North Heavy Industry Group Co., Ltd., holds 32.26% of shares[9]. - The second largest shareholder, Tewo (Shanghai) Enterprise Management Consulting Co., Ltd., holds 25.16% of shares[9]. Expenses - Research and development expenses grew by 77.81% to ¥13,653,668.93 from ¥7,678,795.47, reflecting higher material costs[12]. - Financial expenses increased by 51.44% to ¥17,850,612.54 from ¥11,787,016.50, primarily due to higher interest expenses[12]. - The company incurred financial expenses of ¥17.85 million in the first three quarters of 2019, an increase from ¥11.79 million in the same period of 2018[27].