NWM(SH:603700)2020-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 35.92% to CNY 182,771,888.44 for the first nine months of the year[5] - Operating revenue for the first nine months increased by 16.31% to CNY 1,062,399,434.50 compared to the same period last year[5] - Basic earnings per share increased by 32.35% to CNY 0.90[6] - The weighted average return on equity improved by 1.38 percentage points to 13.89%[6] - The company's net profit increased, leading to a 31.27% rise in retained earnings to CNY 570,324,122.70[14] - The company reported a total profit of ¥75,127,847.83 for Q3 2020, compared to ¥62,585,112.42 in Q3 2019, marking a growth of 19.66%[28] - The company's total profit for the first three quarters of 2020 was ¥209,221,717.74, up 35.47% from ¥154,411,084.74 in the same period of 2019[32] Assets and Liabilities - Total assets increased by 9.67% to CNY 1,864,988,490.22 compared to the end of the previous year[5] - The total number of shareholders reached 10,114 by the end of the reporting period[10] - Total liabilities increased significantly, with short-term borrowings recorded at CNY 10,009,043.39 due to new bank loans[13] - Total liabilities stood at CNY 482,170,080.33, compared to CNY 454,522,451.83, showing an increase of about 6.06%[21] - The company's equity increased to CNY 1,382,818,409.89 from CNY 1,245,989,328.39, representing a growth of approximately 10.96%[21] - The total liabilities as of Q3 2020 were ¥456,943,992.87, an increase from ¥431,409,378.27 in the previous year[24] - Total equity increased to ¥1,381,630,099.05 in Q3 2020, up from ¥1,245,563,537.00 in Q3 2019[24] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -161,516,876.15, showing a slight improvement from CNY -165,909,905.01 in the previous year[5] - Cash inflow from operating activities for the first three quarters of 2020 was CNY 946,780,912.46, an increase from CNY 767,563,068.38 in the same period of 2019, representing a growth of approximately 23.4%[34] - Cash outflow from operating activities in Q3 2020 totaled CNY 1,108,297,788.61, compared to CNY 933,472,973.39 in Q3 2019, indicating an increase of about 18.7%[35] - The total cash inflow from operating activities for the first three quarters of 2020 was CNY 895,741,800.40, up from CNY 717,063,899.14 in the same period of 2019, reflecting a growth of approximately 25%[38] Investments and Expenses - Research and development expenses increased by 45.55% to CNY 42,162,629.38, reflecting enhanced R&D efforts and project expansions[15] - Investment income rose by 68.11% to CNY 10,579,890.64, primarily from increased financial investment returns[15] - Research and development expenses for Q3 2020 amounted to ¥16,736,720.73, a significant increase of 34.00% compared to ¥12,427,149.68 in Q3 2019[26] - Other income grew by 73.95% to CNY 19,538,340.52, mainly due to increased government subsidies such as software tax rebates[15] - Other income for Q3 2020 was ¥9,209,835.74, significantly higher than ¥1,835,294.45 in Q3 2019, indicating a growth of 400.00%[31] Shareholder Information - The top shareholder, Zhang Shihau, holds 19.80% of the shares, totaling 40,233,657 shares[10] - The company received government subsidies amounting to CNY 15,807,110.08 during the reporting period[7] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[12] - Future strategies may include leveraging retained earnings for market expansion and new product development[47]