NNCC(SH:600435)2021-10-20 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥848,811,852.62, representing a year-on-year increase of 34.52%[6] - The net profit attributable to shareholders for Q3 2021 was ¥3,195,467.20, a decrease of 85.52% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥3,148,726.50, down 84.74% year-on-year[10] - The net profit attributable to shareholders for the year-to-date was ¥85,470,836.20, an increase of 1,439.17% year-on-year[6] - Net profit for the third quarter of 2021 was ¥120,040,459.27, compared to ¥35,530,291.12 in the third quarter of 2020, reflecting an increase of approximately 237.5%[37] - The company's total comprehensive income for the third quarter of 2021 was ¥120,155,812.83, compared to ¥34,602,029.55 in the same quarter of 2020, showing an increase of approximately 247.5%[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,962,464,578.06, an increase of 13.23% compared to the end of the previous year[10] - The total current assets as of September 30, 2021, amount to 4,636,389,304.82 RMB, an increase from 3,889,723,709.64 RMB at the end of 2020[26] - The total liabilities increased to ¥2,971,083,459.21 in 2021 from ¥2,296,664,731.88 in 2020, marking an increase of approximately 29.3%[34] - The total non-current liabilities increased to ¥25,445,124.01 in 2021 from ¥17,035,471.15 in 2020, representing an increase of approximately 49.5%[34] - The company reported a total asset value of ¥5,266,012,591.15, slightly down from ¥5,271,602,214.01 in the previous reporting period[49] Shareholder Information - The total number of common shareholders at the end of the reporting period is 130,653[20] - The largest shareholder, Beifang Navigation Technology Group Co., Ltd., holds 339,388,862 shares, accounting for 22.79% of the total shares[20] - The second-largest shareholder, Zhongbing Investment Management Co., Ltd., holds 286,536,844 shares, representing 19.24%[22] - Shareholders' equity totaled approximately $2.97 billion, with total equity attributable to the parent company at $2.22 billion[54] - The total equity attributable to minority shareholders is approximately $749.62 million[54] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥268,554,050.43, an increase of 171.26% compared to the same period last year[10] - Operating cash flow generated a net amount of ¥268,554,050.43, a significant improvement from a net outflow of ¥376,839,528.84 in the previous period[43] - Cash inflow from operating activities totaled ¥2,112,552,639.22, compared to ¥1,083,360,627.32 in the prior year, reflecting a year-over-year increase of approximately 95.0%[43] - Cash outflow from operating activities was ¥1,843,998,588.79, up from ¥1,460,200,156.16, indicating a rise of about 26.3%[43] - Investment activities generated a net cash flow of ¥209,092,096.16, recovering from a net outflow of ¥31,978,812.32 in the previous period[45] Research and Development - The company increased its R&D investment, which contributed to the decline in net profit for Q3 2021[18] - Research and development expenses for the first three quarters of 2021 amounted to ¥117,218,481.76, compared to ¥84,934,361.50 in the same period of 2020, an increase of approximately 38.1%[34] Operational Costs - The company's total operating costs for the first three quarters of 2021 were ¥2,233,587,065.68, up from ¥1,298,063,108.73 in 2020, reflecting an increase of approximately 72.0%[34] - The weighted average return on net assets for Q3 2021 was 0.14%, a decrease of 0.89 percentage points year-on-year[10] Product and Market Development - The company has not disclosed any new product developments or market expansion strategies in the current report[25] - There are no indications of any mergers or acquisitions in the recent reporting period[25] - The company reported an increase in revenue from military-civilian dual-use products, which positively impacted profit margins for the year-to-date[18]