NBMC(SH:600798)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 618,351,072.89, representing a year-on-year increase of 10.92%[6] - The net profit attributable to shareholders for Q3 2023 was CNY 61,386,708.19, a significant increase of 101.12% compared to the same period last year[6] - The basic earnings per share for Q3 2023 was CNY 0.0509, reflecting a year-on-year growth of 101.19%[7] - The net profit for the year-to-date period increased by 16.45% to CNY 122,460,243.08 compared to the same period last year[6] - Total operating revenue for the first three quarters of 2023 reached ¥1,684,026,235.27, an increase of 8.5% compared to ¥1,552,289,850.66 in the same period of 2022[22] - Net profit for the first three quarters of 2023 was ¥169,982,938.42, slightly up from ¥168,934,386.24 in 2022, indicating a growth of 0.6%[23] - Earnings per share (EPS) for the first three quarters of 2023 was ¥0.1015, compared to ¥0.0872 in the same period last year, representing a 16.5% increase[24] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 6,836,828,186.08, showing a slight decrease of 0.68% from the end of the previous year[7] - The company's total assets decreased slightly to ¥6,836,828,186.08 from ¥6,883,938,345.93, a decline of approximately 0.7%[18] - Total liabilities decreased to ¥1,646,807,000.98 from ¥1,789,640,530.47, reflecting a reduction of about 8.0%[18] - The company's total equity increased to ¥5,190,021,185.10 from ¥5,094,297,815.46, showing an increase of approximately 1.9%[18] - The company’s equity attributable to shareholders increased by 2.30% to CNY 3,984,353,387.99 compared to the end of the previous year[7] Cash Flow - The cash flow from operating activities for the year-to-date period increased by 52.58% to CNY 744,034,032.03[6] - The net cash flow from operating activities for Q3 2023 was approximately $744.03 million, an increase of 52.5% compared to $487.63 million in Q3 2022[27] - The cash inflow from operating activities totaled ¥2,015,492,916.03, a significant increase from ¥1,627,071,110.10 in the previous year, marking a growth of 23.8%[26] - The cash flow from operating activities totaled $1.27 billion in Q3 2023, compared to $1.14 billion in Q3 2022, showing a growth of 11.6%[27] Investments and Expenses - The company reported non-recurring gains of CNY 31,727,496.11 from the disposal of non-current assets during the reporting period[9] - Investment income for the first three quarters of 2023 was ¥4,226,073.97, up from ¥2,102,696.99, reflecting a growth of 101.5% year-over-year[22] - The company reported a decrease in financial expenses to ¥38,089,438.86 from ¥46,778,389.19, a reduction of 18.2%[22] - The company experienced a decrease in tax expenses to ¥58,192,624.59 from ¥53,098,469.93, an increase of 9.3% year-over-year[23] Government Support and Other Income - The company received government subsidies amounting to CNY 824,427.97 during the reporting period, contributing to its financial performance[9] - Other income decreased to ¥19,153,561.08 from ¥30,300,668.05, a decline of 36.7% compared to the previous year[22] Cash Management - As of September 30, 2023, the company's cash and cash equivalents increased to ¥535,215,987.32 from ¥246,189,374.13 at the end of 2022, representing a growth of approximately 117.5%[16] - The cash and cash equivalents at the end of Q3 2023 amounted to $535.22 million, up from $362.78 million at the end of Q3 2022, reflecting a net increase of $289.03 million[28] - The company paid $239.25 million to employees in Q3 2023, compared to $205.59 million in Q3 2022, indicating a 16.3% increase in employee-related cash payments[27] - Tax payments decreased to $65.43 million in Q3 2023 from $139.65 million in Q3 2022, representing a reduction of 53%[27] Operational Efficiency - Total operating costs increased to ¥1,515,151,306.57, up from ¥1,372,181,402.45, reflecting a rise of 10.4% year-over-year[22] - The company reported a significant increase in other non-current financial assets, which rose to ¥593,577,470.61 from ¥432,504,878.60, representing an increase of approximately 37.2%[17] - Accounts receivable decreased to ¥260,827,974.28 from ¥361,193,548.32, a decline of approximately 27.7%[16] - Inventory decreased to ¥68,068,018.67 from ¥76,804,843.34, indicating a reduction of about 11.4%[16] Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in the current report[14]