NKF(SH:603707)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥875,675,273.25, a decrease of 14.88% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2022 was ¥293,011,013.59, an increase of 1.33% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥284,457,562.46, a decrease of 0.72% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was ¥0.18, unchanged from the previous quarter[5] - The diluted earnings per share for Q3 2022 was also ¥0.18, reflecting a 5.88% increase compared to the same period last year[5] - The weighted average return on equity for Q3 2022 was 4.98%, a decrease of 1.73 percentage points year-on-year[5] - The net profit for the third quarter of 2022 was ¥904,845,162.80, compared to ¥845,424,873.37 in the third quarter of 2021, representing a 7% increase[22] - The total profit for the third quarter of 2022 was ¥1,050,013,815.96, compared to ¥975,438,736.30 in the same quarter of 2021, marking a 7.6% increase[22] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥9,880,183,453.50, representing a 20.24% increase from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2022 was ¥6,016,173,464.26, an increase of 11.87% compared to the end of the previous year[5] - Total liabilities increased to RMB 3,864,057,563.03 from RMB 2,814,131,012.41, marking a rise of approximately 37.3%[19] - The company's total equity, including minority interests, was RMB 6,016,125,890.47, compared to RMB 5,402,757,039.30, indicating an increase of about 11.4%[20] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥631,513,877.83, reflecting a significant increase of 156.89% due to increased sales collections[9] - Cash flow from operating activities for the first three quarters of 2022 was ¥3,023,579,375.42, significantly higher than ¥2,470,372,441.72 in the same period of 2021, showing improved cash generation[24] - Net cash flow from operating activities amounted to ¥631,513,877.83, a significant increase from ¥245,829,942.23 in the previous year, representing a growth of approximately 156.5%[25] - Net cash flow from financing activities was ¥357,359,861.61, a turnaround from a negative cash flow of -¥346,177,912.88 in the same period last year[26] Investments and Expenses - Total operating costs amounted to ¥1,821,077,069.00, up from ¥1,798,866,892.44, reflecting a 1.2% increase year-over-year[21] - Research and development expenses for the first three quarters of 2022 were ¥161,520,139.29, slightly up from ¥153,264,424.78 in the same period of 2021, indicating a focus on innovation[21] - The company reported a financial asset impairment loss of ¥3,384,819.01 in the third quarter of 2022, a recovery from a loss of ¥27,843,190.83 in the same quarter of 2021[22] - Cash paid to employees increased to ¥214,313,933.48 from ¥153,226,802.21, reflecting a rise of approximately 39.9%[25] - Cash outflow for taxes paid was ¥264,822,852.55, up from ¥162,258,331.57, indicating an increase of about 63.2% year-over-year[25] Tax and Other Income - The company received tax refunds amounting to ¥201,671,849.42, compared to ¥138,344,216.92 in the previous year, marking an increase of about 45.7%[25] - The company’s tax expenses for the third quarter of 2022 were ¥145,168,653.16, compared to ¥130,013,862.93 in the same quarter of 2021, reflecting a higher tax burden due to increased profits[22] - Other comprehensive income after tax for the third quarter of 2022 was ¥1,034,823.52, a recovery from a loss of ¥1,185,252.00 in the same quarter of 2021, indicating improved overall financial health[23] Inventory and Receivables - Inventory levels rose to RMB 5,534,436,220.46, compared to RMB 4,894,249,940.61 in the previous year, representing an increase of 13.1%[18] - The company’s accounts receivable stood at RMB 828,449,817.18, slightly down from RMB 837,304,413.97, showing a decrease of approximately 1.0%[16]