NWM(SH:603700)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥447,521,476.75, representing an increase of 18.32% year-over-year[5] - The net profit attributable to shareholders for Q3 2023 was ¥30,522,684.27, up 29.92% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥28,780,278.17, reflecting a growth of 27.82% year-over-year[5] - The basic earnings per share for Q3 2023 was ¥0.16, an increase of 33.33% compared to the previous year[6] - The diluted earnings per share for Q3 2023 was also ¥0.16, marking a 33.33% increase year-over-year[6] - The weighted average return on equity for Q3 2023 was 1.98%, an increase of 0.39 percentage points compared to the previous year[6] - Net profit for the third quarter of 2023 was ¥81,976,736.86, representing a 28.6% increase from ¥63,826,038.02 in the same quarter of 2022[21] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.41, compared to ¥0.32 in the same quarter of 2022[22] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,305,811,564.52, a decrease of 1.90% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2023 was ¥1,559,660,006.92, an increase of 1.72% compared to the end of the previous year[6] - The company's total liabilities decreased to ¥746,699,196.68 in Q3 2023 from ¥817,887,215.75 in Q3 2022, reflecting a reduction of approximately 8.7%[19] - The total equity attributable to shareholders increased to ¥1,559,660,006.92 in Q3 2023, up from ¥1,533,258,253.36 in Q3 2022, marking a growth of 1.7%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥66,523,409.28, indicating a significant cash outflow[6] - The net cash flow from operating activities for Q3 2023 was -66,523,409.28, an improvement from -155,386,334.60 in Q3 2022, indicating a reduction in cash outflow[24] - Total cash inflow from operating activities was 1,352,995,502.87, compared to 1,158,210,732.09 in the same period last year, reflecting a year-over-year increase of approximately 16.76%[24] - Cash outflow from operating activities totaled 1,419,518,912.15, up from 1,313,597,066.69 in Q3 2022, representing an increase of about 8.06%[24] - The net cash flow from investing activities was -51,787,669.50, an improvement from -143,545,694.96 in Q3 2022, showing a significant reduction in cash outflow[25] - The net cash flow from financing activities was -29,135,017.97, compared to -5,893,690.92 in Q3 2022, indicating a worsening cash flow situation[25] - The company reported a total cash decrease of -146,080,843.92 for the quarter, an improvement from -300,734,424.32 in Q3 2022, indicating better cash management[25] Current Assets and Liabilities - Current assets totaled RMB 1,610,010,255.75, down from RMB 1,673,854,906.22 at the end of 2022, indicating a decline of about 3.93%[17] - Cash and cash equivalents decreased to RMB 281,056,104.78 from RMB 427,998,035.03, representing a significant drop of approximately 34.3%[16] - Accounts receivable increased to RMB 838,752,138.31 from RMB 752,206,154.13, marking an increase of around 11.5%[16] - Inventory levels slightly increased to RMB 428,667,546.75 from RMB 424,492,446.60, showing a marginal rise of about 0.5%[17] - Short-term borrowings rose to RMB 121,072,178.88 from RMB 86,066,000.00, reflecting an increase of approximately 40.7%[17] - Accounts payable decreased to RMB 319,002,249.94 from RMB 427,862,626.77, indicating a reduction of about 25.5%[17] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥52,361,151.98, compared to ¥48,771,193.72 in the same period of 2022, indicating an increase of 5.0%[20] Company Developments - The company has not disclosed any new product developments or technological advancements in this quarter[15] - There are no significant mergers or acquisitions reported during this period[15] - Future outlook and performance guidance have not been explicitly detailed in the report[15]