NCE(SH:605111)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥465,973,070.29, representing a year-on-year increase of 9.56%[5] - The net profit attributable to shareholders for Q3 2022 was ¥103,488,796.13, showing a decrease of 27.23% compared to the same period last year[5] - The basic earnings per share for Q3 2022 was ¥0.50, down 30.25% year-on-year[8] - The weighted average return on equity for Q3 2022 was 3.68%, a decrease of 6.74 percentage points compared to the previous year[8] - Total operating revenue for the first three quarters of 2022 reached ¥1,327,099,238.20, a 19.5% increase from ¥1,110,231,413.61 in the same period of 2021[32] - Net profit for the first three quarters of 2022 was ¥338,581,934.73, compared to ¥316,459,922.23 in 2021, reflecting a growth of 7%[35] - Basic earnings per share for the first three quarters of 2022 was ¥1.68, slightly up from ¥1.60 in the previous year[37] - The total profit for the first three quarters of 2022 was ¥397,888,218.27, compared to ¥362,840,803.45 in the previous year, showing an increase of 9.1%[35] Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥3,778,178,765.64, an increase of 99.41% compared to the end of the previous year[8] - As of September 30, 2022, the total current assets amounted to CNY 3.30 billion, a significant increase from CNY 1.52 billion as of December 31, 2021[23] - The total assets of the company as of September 30, 2022, were CNY 3.78 billion, compared to CNY 1.89 billion at the end of 2021[27] - The total liabilities increased to CNY 433.81 million from CNY 354.95 million year-on-year[27] - The equity attributable to shareholders reached CNY 3.25 billion, up from CNY 1.54 billion in the previous year[27] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 58.24% to ¥161,585,065.41[5] - The net cash flow from operating activities was 161,585,065.41, a decrease of 58.3% compared to 386,958,904.05 from the previous period[43] - The total cash outflow from investing activities was 280,809,076.17, compared to 123,945,899.68 in the previous period, indicating a significant increase in investment spending[43] - The net cash flow from financing activities was 1,454,180,262.42, a substantial increase compared to -41,998,000.00 from the previous period, reflecting strong capital inflow[43] - The total cash and cash equivalents at the end of the period reached 2,471,898,338.13, up from 906,915,968.83, marking an increase of 172.5%[45] - The cash inflow from investment activities was 260,789,155.73, a significant increase from 20,374,686.18 in the previous period[43] - The cash outflow for purchasing fixed assets and other long-term assets was 60,809,076.17, down from 100,845,899.68, indicating a reduction in capital expenditures[43] - The cash paid for dividends and interest was 82,122,075.00, which is double the amount of 41,998,000.00 from the previous period, reflecting increased shareholder returns[43] - The net increase in cash and cash equivalents for the period was 1,598,217,600.50, compared to 241,268,614.68 in the previous period, showing strong liquidity growth[45] - The cash inflow from the absorption of investments was 1,536,834,186.16, indicating robust fundraising activities[43] - The impact of exchange rate changes on cash and cash equivalents was 2,472,193.11, compared to -121,075.87 in the previous period, showing a positive effect from currency fluctuations[43] Shareholder Information - The top shareholder, Zhu Yuanzheng, holds 21.75% of the shares, with a total of 46,287,360 shares[15] Business Operations - The company completed a private placement, raising a total of ¥1.418 billion, which impacted short-term financial metrics[9] - The company reported government subsidies of ¥4,462,451.65 for the current period, closely related to its normal business operations[10] - In Q3 2022, the sales revenue of IGBT reached CNY 123.47 million, accounting for 26.78% of total sales, with a year-on-year growth of 537.92% and a quarter-on-quarter growth of 47.42%[19] - The proportion of photovoltaic and energy storage applications in Q3 2022 increased to 30%, while automotive electronics accounted for 14%[22] - The company continues to invest in the sales of IGBT, SJ-MOSFET, and SGT-MOSFET products, leading to increased market penetration[19] - The company is actively developing high-end industry applications, including automotive electronics and 5G base station power supplies[22] Expenses - Total operating costs increased to ¥943,403,894.92, up 25.5% from ¥751,563,055.63 year-over-year[32] - Research and development expenses rose to ¥62,580,229.52, compared to ¥47,001,580.06 in 2021, marking a 33% increase[32] - Sales expenses increased significantly to ¥24,620,464.72 from ¥13,784,208.05, indicating a rise of 78.5%[32] - Management expenses also saw a substantial increase to ¥48,067,691.86 from ¥15,737,379.20, a growth of 205%[32] - Other income for the first three quarters of 2022 was ¥7,423,839.10, up from ¥5,373,409.88 in 2021, reflecting a 38.2% increase[32]