NNCC(SH:600435)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,194,192,108.23, representing a year-on-year increase of 40.69%[6] - The net profit attributable to shareholders for Q3 2022 was ¥37,343,067.81, showing a significant increase of 1,068.63% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥38,068,049.11, reflecting a year-on-year increase of 1,109.00%[6] - The basic earnings per share for Q3 2022 was ¥0.02, an increase of 852.38% compared to the same period last year[8] - The diluted earnings per share for Q3 2022 was also ¥0.02, with the same percentage increase of 852.38%[8] - The weighted average return on equity for Q3 2022 was 1.55%, an increase of 1.41 percentage points year-on-year[8] - Total operating revenue for the first three quarters of 2022 reached ¥2,840,752,151.35, an increase of 19.2% compared to ¥2,382,534,291.32 in the same period of 2021[32] - Operating costs for the same period were ¥2,632,677,785.33, up 17.9% from ¥2,233,587,065.68 year-on-year[32] - Net profit for Q3 2022 was ¥190,047,314.99, representing a 58.3% increase from ¥120,040,459.27 in Q3 2021[35] - Earnings per share for Q3 2022 were ¥0.10, compared to ¥0.0574 in Q3 2021[37] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥6,904,721,407.53, representing a 6.67% increase from the end of the previous year[8] - The equity attributable to shareholders at the end of Q3 2022 was ¥2,451,267,383.07, which is a 4.86% increase compared to the end of the previous year[8] - Total liabilities increased to ¥3,742,788,910.51 in Q3 2022 from ¥3,378,711,641.43 in Q3 2021, reflecting a growth of 10.8%[31] - The total equity attributable to shareholders reached ¥2,451,267,383.07, up from ¥2,337,591,106.38, marking a growth of 4.8%[31] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥223,380,238.15, indicating a decrease of 183.18% year-on-year[8] - The cash inflow from operating activities for the first three quarters of 2022 was CNY 1,523,637,071.76, a decrease of 28% compared to CNY 2,112,552,639.22 in the same period of 2021[39] - The net cash outflow from operating activities was CNY -223,380,238.15, contrasting with a net inflow of CNY 268,554,050.43 in the previous year[42] - Cash inflow from investment activities totaled CNY 826,339,000.00, significantly higher than CNY 272,000,000.00 in the same period last year[42] - The net cash flow from investment activities was CNY 159,820,296.13, down from CNY 209,092,096.16 in the previous year[42] - The net cash outflow from financing activities was CNY -92,279,459.14, compared to CNY -152,126,657.47 in the same period last year[43] - The ending cash and cash equivalents balance was CNY 518,281,960.47, down from CNY 1,402,928,592.79 at the end of the previous year[43] Shareholder Information - The top two shareholders, North Navigation Technology Group Co., Ltd. and China Weapon Industry Group Co., Ltd., have a controlling relationship[21] - The company had no short-term borrowings reported as of September 30, 2022, compared to RMB 150,000,000.00 at the end of 2021[26] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥125,925,537.00, an increase from ¥117,218,481.76 in the same period of 2021[32] Company Strategy and Developments - The company attributed the significant increase in net profit to the growth in revenue from dual-use military and civilian products and gains from the disposal of subsidiary equity[12] - The company has not disclosed any new product developments or market expansion strategies during the reporting period[22] - There were no significant mergers or acquisitions reported in the latest financial results[22] - The company plans to expand its market presence and invest in new technologies to drive future growth[30]