NCE(SH:605111)2021-10-21 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥422,284,916.13, representing a 49.84% increase compared to the same period last year[7] - The net profit attributable to shareholders for Q3 2021 was ¥136,268,049.27, a significant increase of 198.78% year-over-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥134,932,501.35, reflecting a 198.57% increase compared to the same period last year[7] - The basic earnings per share for Q3 2021 was ¥0.96, up 123.26% from the previous year[9] - The diluted earnings per share for Q3 2021 was also ¥0.96, marking a 123.26% increase year-over-year[9] - The weighted average return on equity for Q3 2021 was 10.02%, an increase of 3.00 percentage points compared to the previous year[9] - Total operating revenue for the first three quarters of 2021 reached ¥1,099,435,124.44, a significant increase from ¥666,103,799.32 in the same period of 2020, representing a growth of approximately 65%[32] - Net profit attributable to shareholders of the parent company for the third quarter was ¥310,744,236.83, compared to ¥100,947,574.12 in the previous year, marking an increase of about 207%[36] - The company's total costs for the first three quarters were ¥746,482,451.86, up from ¥551,849,702.64 in 2020, which is an increase of approximately 35%[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,707,861,848.38, a 22.12% increase from the end of the previous year[9] - The equity attributable to shareholders at the end of the reporting period was ¥1,428,707,601.06, reflecting a 23.17% increase year-over-year[9] - Total current assets as of September 30, 2021, amount to ¥1,432,549,781.32, an increase from ¥1,242,084,936.26 at the end of 2020[23] - Total liabilities increased to ¥279,154,247.32 from ¥238,520,107.64, reflecting a growth of about 17% year-over-year[31] - The total equity attributable to shareholders of the parent company rose to ¥1,428,707,601.06, compared to ¥1,159,961,364.23 in the previous year, representing an increase of approximately 23%[31] - Total liabilities included short-term borrowings and accounts payable of CNY 71,240,889.60 and CNY 124,294,170.05 respectively, reflecting the company's financial obligations[49] Cash Flow - The cash flow from operating activities for the year-to-date was ¥386,958,904.05, representing a 615.91% increase compared to the previous year[9] - Cash flow from operating activities for the first three quarters was ¥1,297,111,370.21, compared to ¥648,355,919.65 in the same period of 2020, showing an increase of about 100%[40] - Operating cash inflow totaled CNY 1,316,019,352.78, a significant increase from CNY 657,624,964.98 in the previous year, reflecting a growth of approximately 100%[44] - Net cash flow from operating activities reached CNY 386,958,904.05, up from CNY 54,051,556.65 year-over-year, representing a growth of over 616%[44] - The company’s cash flow from financing activities showed a net outflow of CNY -41,998,000.00, contrasting with a net inflow of CNY 463,290,800.00 in the previous year, indicating a shift in financing strategy[46] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,186[16] - The largest shareholder, Zhu Yuanzheng, holds 33,062,400 shares, representing 23.34% of total shares[16] - The second largest shareholder, Shenzhen Dacheng Chuanglian Equity Investment Fund, holds 8,740,000 shares, accounting for 6.17%[16] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥50,026,700.51, up from ¥29,102,401.00 in 2020, indicating an increase of approximately 72%[32] Inventory and Receivables - Accounts receivable increased to ¥124,514,078.30 from ¥92,088,951.59 in the previous year[23] - Inventory as of September 30, 2021, is valued at ¥147,734,522.45, compared to ¥109,112,768.10 in the previous year[25] - Cash and cash equivalents are reported at ¥920,268,234.27, up from ¥680,764,915.01 year-over-year[23] Future Plans - The company plans to continue expanding its market presence and developing key customers to sustain revenue growth and improve gross margins[15] - The company has plans for market expansion and new product development, focusing on enhancing its competitive edge in the industry[36]