NBTP(SH:600982)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months rose by 35.37% to CNY 3,487,917,245.79 year-on-year[8] - Net profit attributable to shareholders increased by 38.97% to CNY 149,343,995.25 for the first nine months[8] - The company reported a significant increase of 169.07% in net profit after deducting non-recurring gains and losses, totaling CNY 124,911,008.19[8] - Basic earnings per share rose by 36.40% to CNY 0.1349[8] - Net profit from investment increased by 96.85% to CNY 124,362,878.08, up from CNY 63,174,906.56 year-on-year[15] - Net profit for the first three quarters of 2020 was ¥3,487,917,245.79, compared to ¥2,576,520,105.57 in the same period of 2019, showing strong growth[27] - Net profit attributable to shareholders for Q3 2020 was CNY 65,371,939.65, an increase from CNY 38,642,920.93 in Q3 2019, representing a growth of 69.1%[29] - Total profit for Q3 2020 was CNY 88,780,393.54, an increase from CNY 58,136,843.01 in Q3 2019, representing a growth of 52.8%[28] - Net profit for Q3 2020 reached CNY 64,796,646.77, up from CNY 9,920,771.27 in the same period last year, indicating a strong year-over-year growth[34] Asset and Equity Changes - Total assets increased by 5.44% to CNY 6,603,934,322.90 compared to the end of the previous year[8] - Total assets as of September 30, 2020, amounted to CNY 6,603,934,322.90, an increase from CNY 6,262,946,842.89 at the end of 2019[19] - Shareholders' equity totaled ¥3,903,730,727.66 as of September 30, 2020, up from ¥3,828,615,289.27 at the end of 2019, indicating a solid equity position[20] - The company’s retained earnings increased to ¥847,415,539.04 from ¥752,406,256.79 year-over-year, reflecting improved profitability[20] - The company holds long-term equity investments valued at CNY 1,711,927,873.26, indicating a significant investment strategy[48] Cash Flow and Financing Activities - Net cash flow from operating activities decreased by 18.04% to CNY 445,276,619.52 compared to the same period last year[8] - Cash flow from financing activities showed a net outflow of CNY -2,447,732.54, a significant improvement from CNY -530,381,105.98 in the previous year[15] - Cash inflow from investment activities for the first nine months of 2020 was CNY 1,878,025,595.14, compared to CNY 2,302,238,161.46 in 2019[38] - Cash outflow from investment activities totaled CNY 2,392,667,204.13 in the first nine months of 2020, compared to CNY 2,791,582,030.24 in 2019[38] - The ending cash and cash equivalents balance for Q3 2020 was CNY 605,859,134.49, down from CNY 917,703,999.63 at the end of Q3 2019[38] - The company reported a decrease in cash flow from operating activities due to increased payments for goods and services, totaling CNY 3,178,429,668.90 in 2020 compared to CNY 2,007,316,297.09 in 2019[37] Shareholder Information - The number of shareholders reached 36,070 by the end of the reporting period[11] - The top shareholder, Ningbo Development Investment Group Co., Ltd., holds 25.62% of the shares[11] Cost and Expense Management - Total operating costs for Q3 2020 were ¥2,220,843,294.73, up from ¥914,836,544.74 in Q3 2019, indicating rising expenses[27] - Interest expenses for Q3 2020 were CNY 9,787,274.76, down from CNY 11,802,784.76 in Q3 2019, a decrease of 17.0%[33] - The company’s employee compensation payable increased by 210.41% to CNY 36,255,565.68, reflecting a rise in employee numbers and accrued compensation[14] Inventory and Prepayments - Inventory decreased by 60.69% to CNY 88,918,763.59 from CNY 226,173,949.27, primarily due to reduced stock levels in the subsidiary's trading operations[14] - The company's prepayments surged by 505.73% to CNY 140,951,132.04, compared to CNY 23,269,518.38 in the previous year, mainly due to increased procurement payments by subsidiaries[14] Liabilities and Financial Obligations - Total liabilities as of September 30, 2020, were ¥2,700,203,595.24, compared to ¥2,434,331,553.62 at the end of 2019, reflecting an increase in financial obligations[20] - Total liabilities amounted to CNY 2,434,331,553.62, with non-current liabilities totaling CNY 898,275,377.30[45] - Short-term borrowings rose by 66.88% to CNY 1,402,507,227.49, compared to CNY 840,416,074.13 at the end of 2019[19]