NJTC(SH:601975)2020-10-26 16:00Financial Performance - Operating revenue for the first nine months was ¥3,191,617,818.67, representing a year-on-year increase of 7.57%[18] - Net profit attributable to shareholders of the listed company was ¥1,381,405,378.69, a significant increase of 159.44% compared to the same period last year[18] - Basic earnings per share for the reporting period was ¥0.2777, an increase of 161.95% compared to the previous year[20] - Operating profit rose by 57.98% to CNY 1,030,270,466.08 compared to CNY 652,168,007.19 in the previous year[32] - Total comprehensive income increased by 123.46% to CNY 1,334,244,699.23 from CNY 597,084,876.01 year-over-year[32] - The company expects a significant increase in cumulative net profit compared to the same period last year due to the recovery of the oil tanker transportation market[36] - The company reported a net loss of CNY 3,383,757,502.45, improving from a loss of CNY 4,765,162,881.14 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,980,448,516.45, an increase of 13.14% compared to the end of the previous year[18] - Total liabilities decreased to CNY 3,053,141,228.53 from CNY 3,150,662,711.53, a reduction of approximately 3%[45] - The non-current assets totaled CNY 6,269,135,317.52, slightly down from CNY 6,360,467,617.07, a decrease of about 1%[43] - Total assets increased to ¥7,166,651,551.24 from ¥6,374,020,739.48, representing a growth of approximately 12.38% year-over-year[52] - Current liabilities reached approximately $666.09 million, while total liabilities were around $2.12 billion[98] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥5,807,539,133.76, reflecting a growth of 24.27% year-on-year[18] - The total number of shareholders at the end of the reporting period was 143,728[27] - The top shareholder, China Ocean Shipping Group Company, held 1,357,425,761 shares, accounting for 27.47% of the total shares[27] - The company repurchased a total of 81,283,681 shares, representing 1.62% of the total share capital, which were subsequently canceled[20] Cash Flow - The net cash flow from operating activities for the first nine months was ¥1,644,105,209.10, up 146.90% year-on-year[18] - Cash and cash equivalents increased by 109.15% to CNY 1,711,170,184.99 from CNY 818,173,373.05 year-over-year[30] - Cash inflow from operating activities for the first nine months of 2020 was approximately ¥3.07 billion, compared to ¥2.69 billion in the same period of 2019, an increase of 14.09%[72] - The ending balance of cash and cash equivalents reached CNY 1,702,414,799.96, up from CNY 616,519,194.27 year-over-year[78] Operational Efficiency - Accounts receivable decreased by 43.35% to CNY 195,839,039.87 from CNY 345,676,657.54 year-over-year[30] - Inventory increased to CNY 264,145,256.94 from CNY 213,413,956.96, representing a growth of approximately 24%[40] - Operating costs for Q3 2020 were ¥709,390,646.57, down from ¥786,927,320.30 in Q3 2019, showing a decrease of about 9.86%[55] - Financial expenses surged to ¥47.74 million in Q3 2020, compared to ¥2.71 million in Q3 2019, marking an increase of 1,661.73%[67] Tax and Other Income - The company reported a 462.86% increase in taxes payable to CNY 71,586,834.37 from CNY 12,718,437.07 year-over-year[30] - Other income surged by 802.80% to CNY 3,831,758.01 from CNY 424,429.40 year-over-year[32]