NFC(SZ:000758)2019-10-29 16:00Financial Performance - Operating revenue for the period was ¥2,535,140,330.28, representing a decline of 20.39% year-on-year[10]. - Net profit attributable to shareholders was a loss of ¥192,516,012.71, a decrease of 454.61% compared to the same period last year[10]. - Basic earnings per share were reported at -¥0.0977, a decline of 453.99% year-on-year[10]. - The company reported a total profit of ¥135,086,679.67, down 64.6% from ¥380,876,328.29 in the previous period[60]. - Net profit attributable to the parent company is -¥111,679,674.97, compared to a profit of ¥169,697,537.33 in the previous period[60]. - The company recorded an asset impairment loss of ¥131,194,150.78, worsening from a loss of ¥68,254,758.22 in the prior year[53]. - The company’s investment income showed a loss of ¥568,645.04, a significant decline from a profit of ¥4,493,491.14 in the previous year[53]. Cash Flow - The net cash flow from operating activities was not reported, but it decreased by 80.42% year-to-date, totaling ¥616,231,643.99[10]. - The net cash flow from operating activities was 616,231,643.99 CNY, a significant decrease of 80.4% compared to 3,147,447,259.98 CNY in the previous period[68]. - The net cash flow from investing activities was -394,443,076.45 CNY, an improvement from -1,101,423,055.14 CNY in the previous period[68]. - The net cash flow from financing activities was -406,618,669.48 CNY, contrasting with a positive flow of 320,946,855.65 CNY in the prior period[68]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥25,104,775,435.05, a decrease of 0.67% compared to the end of the previous year[10]. - The company’s long-term liabilities due within one year increased by 60.62% to ¥919,181,054.95 due to an increase in long-term borrowings[17]. - As of September 30, 2019, total liabilities amounted to CNY 15,801,944,891.99, a slight decrease from CNY 15,841,402,748.99 as of December 31, 2018, reflecting a reduction of approximately 0.25%[42]. - Total current liabilities totaled CNY 10,791,546,583.81, down from CNY 10,851,417,938.30, indicating a decrease of about 0.55%[42]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 127,288[13]. - The largest shareholder, China Nonferrous Metal Mining Group Co., Ltd., held 33.75% of the shares, totaling 664,613,232 shares[13]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Government Support - The company received government subsidies amounting to ¥25,003,835.92 during the reporting period[10]. - Other income increased by 276.43% to ¥14,155,779.48 primarily due to an increase in government subsidies received[17]. Inventory and Receivables - Accounts receivable decreased by 51.83% to ¥219,834,625.22 due to a reduction in unsettled notes from subsidiaries[17]. - The company held CNY 4,641,929,151.50 in inventory as of September 30, 2019, an increase from CNY 4,035,353,604.53 at the end of 2018, representing an increase of about 15.03%[38]. - Inventory increased significantly to CNY 2,743,704,259.16 from CNY 1,624,849,978.95, marking an increase of approximately 68.9%[46]. Research and Development - Research and development expenses were ¥1,597,267.34, slightly down from ¥1,656,915.76, showing a focus on maintaining R&D investment[53]. - Research and development expenses remained stable at ¥4,948,736.57, slightly down from ¥4,954,048.10 in the previous period[60]. Trading and Compliance - The company’s stock was suspended from trading on September 30, 2019, due to the uncertainty surrounding the asset acquisition plan[21]. - The company has no reported violations regarding external guarantees during the reporting period[32]. - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[33].