NBGF(SH:603788)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥333,551,975.31, representing a year-on-year increase of 24.37%[3] - The net profit attributable to shareholders for Q3 2023 was ¥44,391,936.66, reflecting a 40.14% increase compared to the same period last year[3] - The basic earnings per share for Q3 2023 rose to ¥0.20, an increase of 42.86% year-on-year[3] - The net profit for Q3 2023 reached CNY 111,041,837.16, an increase of 10.4% compared to CNY 100,169,504.36 in Q3 2022[20] - Basic and diluted earnings per share for Q3 2023 were CNY 0.50, up from CNY 0.45 in the same period last year, reflecting a growth of 11.1%[21] - Operating profit for Q3 2023 was CNY 128,429,744.30, representing a 13.0% increase from CNY 113,613,204.09 in Q3 2022[20] - The company reported a net profit margin of approximately 10.0% for the first three quarters of 2023, consistent with the previous year's performance[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,339,171,883.48, a slight increase of 1.06% from the end of the previous year[3] - The company's total assets as of September 30, 2023, amounted to RMB 2,339,171,883.48, a slight increase from RMB 2,314,569,698.09 at the end of 2022[16] - Current assets totaled RMB 1,697,561,672.85, down 3.8% from RMB 1,764,745,745.44 in the previous year[14] - The total liabilities as of September 30, 2023, were RMB 375,334,042.81, compared to RMB 350,241,160.58 at the end of 2022, marking an increase of 7.2%[16] - The company's equity attributable to shareholders was RMB 1,963,838,173.61, slightly down from RMB 1,964,110,750.81 in the previous year[16] Cash Flow - The cash flow from operating activities showed a significant decline, with a net cash outflow of ¥91,511,571.64, marking a decrease of 138.32% year-to-date[3] - The net cash flow from operating activities for the first three quarters of 2023 was negative CNY 91,511,571.64, worsening from negative CNY 38,398,184.43 in the previous year[22] - Cash flow from investment activities generated a net inflow of CNY 347,798,796.82 in the first three quarters of 2023, compared to a net outflow of CNY 17,480,092.54 in the same period of 2022[23] - The company reported a total cash and cash equivalents balance of CNY 692,934,536.57 at the end of Q3 2023, a decrease from CNY 709,540,788.29 at the end of Q3 2022[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,359[10] - The largest shareholder, Ningbo Gaofa Holdings Co., Ltd., holds 37.56% of the shares, totaling 83,790,000 shares[10] Operational Highlights - The company reported a 105.73% increase in notes receivable, attributed to higher revenue in Q3 2023 compared to the previous year[7] - The construction in progress increased by 315.02%, driven by the ongoing construction of the wholly-owned subsidiary's factory[7] - Total operating revenue for the first three quarters of 2023 reached RMB 877,188,138.99, an increase of 16.5% compared to RMB 753,024,572.89 in the same period of 2022[19] - Total operating costs for the first three quarters of 2023 were RMB 748,582,860.47, up 16.7% from RMB 641,278,326.34 in the previous year[19] - Research and development expenses for Q3 2023 were CNY 43,148,993.72, up from CNY 39,961,500.76 in Q3 2022, indicating a focus on innovation[20] - The company incurred financial expenses of negative CNY 15,137,587.89 in Q3 2023, an improvement from negative CNY 19,078,901.63 in Q3 2022[20] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]