NHPM(SH:601882)2019-10-28 16:00Financial Performance - Net profit attributable to shareholders was ¥51,569,935.22, representing a decrease of 37.06% year-on-year[11]. - Operating revenue for the period was ¥822,490,862.93, down 18.49% from the same period last year[11]. - Basic earnings per share decreased to ¥0.0988, down 37.07% from ¥0.157 in the same period last year[14]. - The weighted average return on net assets was 4.14%, a decrease of 2.76 percentage points compared to the previous year[14]. - The net profit after deducting non-recurring gains and losses was ¥33,308,369.98, down 52.31% year-on-year[11]. - Total operating revenue for Q3 2019 was ¥305,109,957.45, a decrease of 10.0% compared to ¥338,959,068.84 in Q3 2018[48]. - Net profit attributable to shareholders for Q3 2019 was ¥16,347,313.74, a decrease of 44.4% from ¥29,421,912.08 in Q3 2018[55]. - The company reported a total comprehensive income of ¥18,657,439.20 for Q3 2019, compared to ¥34,769,081.19 in Q3 2018[52]. Cash Flow - Net cash flow from operating activities was ¥187,231,550.93, a decline of 31.06% compared to the previous year[11]. - Net cash flow from operating activities decreased by 31.06% from CNY 271,576,666.71 to CNY 187,231,550.93 primarily due to reduced sales receipts[29]. - The company's cash inflow from operating activities for the first three quarters of 2019 was CNY 1,021,698,786.13, a decrease of 21.9% compared to CNY 1,306,832,556.97 in the same period of 2018[66]. - The net cash flow from financing activities improved by 75.26% from -CNY 126,595,698.09 to -CNY 31,320,000.00 as the company did not incur new borrowings during the period[29]. - The net cash flow from investing activities in Q3 2019 was -CNY 222,755,547.45, compared to -CNY 160,221,382.92 in Q3 2018, indicating a worsening of 38.9%[73]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,157,076,705.02, an increase of 1.36% compared to the end of the previous year[11]. - Current assets increased by 219.84% from CNY 54,030,695.75 to CNY 172,809,311.10 as the company utilized idle funds to purchase financial products[24]. - Total current liabilities increased slightly to ¥805,201,144.80 from ¥793,246,581.14, reflecting a growth of approximately 1.2%[39]. - Total liabilities decreased slightly to ¥845,571,611.53 from ¥848,574,987.25, a reduction of about 0.4%[46]. - The total equity attributable to shareholders rose to ¥1,259,356,171.70 from ¥1,238,484,911.42, an increase of about 1.0%[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,287[20]. - The top shareholder, Ningbo Haitian Co., Ltd., held 201,986,000 shares, accounting for 38.69% of total shares[20]. Research and Development - Research and development expenses increased to ¥18,460,004.08 in Q3 2019, up 74.5% from ¥10,580,650.29 in Q3 2018[48]. - The company plans to continue focusing on R&D to drive future growth, as indicated by the increase in R&D expenses[48]. - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[61]. Government Support - The company received government subsidies amounting to ¥21,123,728.52 during the reporting period[12]. Other Financial Metrics - Other comprehensive income increased by 156.29% from CNY 188,421.10 to CNY 482,912.83 due to exchange rate fluctuations affecting foreign currency translation differences[24]. - Financial expenses decreased significantly by 568.33% from CNY 1,030,549.40 to -CNY 4,826,325.81 as the company repaid initial borrowings and experienced increased exchange gains[24].