NFLG(SH:603280)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 244,182,956.26, a decrease of 13.33% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was CNY 26,469,802.58, down 25.41% year-on-year[4]. - The basic earnings per share for Q3 2023 was CNY 0.24, reflecting a decline of 44.19% compared to the previous year[4]. - The net profit for Q3 2023 was CNY 90,377,333.76, a decrease of 1.9% compared to CNY 92,113,747.70 in Q3 2022[20]. - The operating profit for Q3 2023 was CNY 97,874,837.79, compared to CNY 99,238,651.31 in the same period last year, reflecting a decline of 1.4%[20]. - The total comprehensive income for Q3 2023 was CNY 90,377,333.76, compared to CNY 92,113,747.70 in Q3 2022, reflecting a decline of 1.9%[20]. - The basic earnings per share for Q3 2023 was CNY 0.83, down from CNY 1.13 in Q3 2022, representing a decrease of 26.5%[20]. Assets and Liabilities - Total assets as of the end of Q3 2023 reached CNY 2,116,865,005.91, an increase of 5.61% from the end of the previous year[5]. - Total assets reached CNY 2,004,363,158.16, up from CNY 2,003,003,833.83, indicating a slight increase of about 0.07%[31]. - Total liabilities amounted to CNY 892,702,264.63, up from CNY 837,065,464.53, indicating a rise of 6.66%[16]. - Current liabilities totaled ¥825,989,646.96, showing no change compared to the previous period[30]. - Total liabilities were reported at ¥837,065,464.53, an increase from ¥835,706,140.20, representing a growth of approximately 0.15%[30]. - The company’s long-term liabilities increased to ¥11,075,817.57 from ¥9,716,493.24, reflecting a growth of approximately 14.0%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 3,989,869.13[4]. - Cash flow from operating activities for the first nine months of 2023 was CNY 3,989,869.13, a significant improvement from a negative cash flow of CNY -3,088,415.11 in the same period of 2022[25]. - Total cash inflow from investment activities in the first nine months of 2023 was CNY 2,256,085,682.15, compared to CNY 487,135,320.99 in the previous year, indicating a substantial increase[25]. - The cash flow from financing activities showed a net outflow of CNY -36,060,784.99 in the first nine months of 2023, compared to a net outflow of CNY -26,343,667.70 in the same period of 2022[25]. - Cash and cash equivalents at the end of Q3 2023 amounted to CNY 280,701,489.37, an increase from CNY 122,790,271.96 at the end of Q3 2022[25]. - The company's cash and cash equivalents rose to CNY 444,747,313.17 as of September 30, 2023, compared to CNY 403,503,949.34 at the end of 2022, an increase of 10.21%[14]. Shareholder Information - The company reported a total of 16,676 common shareholders at the end of the reporting period[10]. - The top shareholder, Fang Qingxi, holds 46,300,000 shares, representing 42.71% of the total shares[10]. Expenses and Investments - Total operating costs for the first three quarters of 2023 were CNY 730,696,707.28, down from CNY 762,008,472.24 in 2022, reflecting a reduction of 4.10%[19]. - Research and development expenses increased to CNY 50,682,895.00 in 2023 from CNY 42,012,847.15 in 2022, representing a growth of 20.00%[19]. - The company's net profit for the first three quarters of 2023 was impacted by a decrease in investment income, which was CNY 7,958,658.35 compared to CNY 894,806.36 in 2022[19]. Government Support - The company received government subsidies amounting to CNY 1,274,881.59 during the reporting period[7]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[19]. Accounting Changes - The company has implemented new accounting standards starting from 2023, which may affect the financial reporting and disclosures going forward[26].