NCE(SH:605111)2023-10-26 16:00Financial Performance - Total revenue for Q3 2023 was not explicitly stated, but the net profit attributable to shareholders decreased by 34.99% compared to the previous quarter[20] - Basic earnings per share for Q3 2023 was CNY 0.72, down from CNY 1.20 in the same period last year, reflecting a decrease of 40%[14] - The net profit attributable to shareholders for Q3 2023 was CNY 211,760,851.31, down from CNY 338,581,934.73 in the same period last year, a decline of 37.5%[26] - The company reported a decrease in accounts receivable from CNY 150,744,426.29 at the end of 2022 to CNY 129,685,823.59 as of September 30, 2023, a reduction of approximately 14%[24] - The company's operating revenue for the third quarter was ¥345,778,453.35, a decrease of 25.79% compared to the same period last year[42] - The net profit attributable to shareholders of the listed company was ¥67,279,915.68, down 34.99% year-on-year[42] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥64,161,032.47, a decrease of 36.72% compared to the same period last year[42] - The total comprehensive income attributable to shareholders of the parent company was ¥214,892,832.62, a decrease of 36.37% year-on-year[42] - The total comprehensive income for the third quarter was ¥211,760,851.31, down 37.50% compared to the previous year[42] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period increased by 55.74%, primarily due to a reduction in cash paid for goods and services[20] - The net cash flow from operating activities for the year-to-date was ¥251,646,130.12, an increase of 55.74%[42] - Cash flow from operating activities netted ¥251,646,130.12, compared to ¥161,585,065.41 in the previous year[65] - The company's total current assets as of September 30, 2023, amounted to CNY 3,529,580,320.21, an increase from CNY 3,468,572,227.60 at the end of 2022[24] - The company's inventory as of September 30, 2023, was CNY 516,490,636.47, up from CNY 441,335,953.09 at the end of 2022, reflecting a growth of 17%[24] - Total assets increased to ¥4,189,239,794.19, up 5.01% from ¥3,989,496,638.01 year-over-year[57] - Non-current assets totaled ¥659,659,473.98, an increase from ¥520,924,410.41[57] Liabilities and Shareholder Information - The company's total assets as of September 30, 2023, were not explicitly stated, but the total liabilities and equity structure indicates a stable financial position[24] - Current liabilities decreased to ¥488,653,689.60 from ¥487,753,800.56[57] - The total number of ordinary shareholders at the end of the reporting period was 63,950[45] Research and Development - Research and development expenses for Q3 2023 were CNY 67,002,534.68, compared to CNY 62,580,229.52 in the same period last year, indicating an increase of approximately 6.8%[26] Future Outlook - The company did not provide specific guidance for future performance but indicated challenges due to market conditions and increased competition[20] Cash Flow from Financing and Investing Activities - The net cash flow from investing activities was -$209.8 million, a significant decrease from -$20.0 million in the previous period[67] - Total cash inflow from financing activities was $1.54 billion, compared to no inflow in the previous period[67] - Cash outflow for financing activities was $88.6 million, slightly higher than $82.7 million in the previous period[67] - The net increase in cash and cash equivalents was -$46.2 million, a sharp decline from an increase of $1.60 billion in the previous period[67] - The ending balance of cash and cash equivalents was $2.51 billion, compared to $2.47 billion in the previous period[67] - Cash inflow from investment activities totaled $226.2 million, down from $260.8 million in the previous period[67] - Cash outflow for capital expenditures was $150.0 million, significantly higher than $60.8 million in the previous period[67] - The company received $461.9 thousand from the disposal of fixed assets, an increase from $170.6 thousand in the previous period[67] - The impact of exchange rate changes on cash and cash equivalents was $588.8 thousand, compared to $2.47 million in the previous period[67] - The company distributed dividends and interest payments totaling $87.1 million, slightly up from $82.1 million in the previous period[67]