NTI(SZ:300532)2019-10-28 16:00Financial Performance - Operating revenue decreased by 37.50% to CNY 37,950,311.93 for the current period, while year-to-date revenue increased by 49.23% to CNY 514,975,266.39[8] - Net profit attributable to shareholders decreased by 63.90% to a loss of CNY 20,231,670.97 for the current period, with a year-to-date profit of CNY 26,332,725.19, up 22.29%[8] - Basic and diluted earnings per share were both CNY -0.07, a decrease of 40.00% compared to the same period last year[8] - The weighted average return on equity was -2.54%, down from 3.37% in the same period last year[8] - Operating profit for the current period is CNY -25,287,153.21, compared to CNY -17,600,160.90 in the previous period, indicating a worsening performance[40] - Net profit for the current period is CNY -20,231,670.97, compared to CNY -12,343,936.24 in the previous period, reflecting an increase in losses[40] - Total operating revenue for the current period reached ¥514,975,266.39, a significant increase of 49.1% compared to ¥345,098,188.87 in the previous period[47] - Total operating costs amounted to ¥471,592,522.10, up 39.6% from ¥337,505,307.65 in the prior period[47] - The company reported a total comprehensive income of ¥26,604,741.96, compared to ¥21,133,539.94 in the previous period, reflecting a growth of 25.7%[49] Assets and Liabilities - Total assets increased by 8.53% to CNY 1,640,226,799.06 compared to the end of the previous year[8] - Current liabilities rose to CNY 850,681,198.72, compared to CNY 718,242,247.96, reflecting an increase of about 18.4%[31] - The total liabilities amounted to CNY 881,510,796.37, compared to CNY 742,755,964.17, showing an increase of approximately 18.7%[32] - The company's equity attributable to shareholders decreased to CNY 758,716,002.69 from CNY 768,559,452.88, a decline of about 1.1%[32] - Total current assets increased by 6,229,460.06 to 1,223,612,588.81 as of January 1, 2019[61] - Total non-current assets decreased slightly by 934,419.01 to 292,997,869.29, primarily due to adjustments in deferred tax assets[62] - Total assets amounted to 1,516,610,458.10, reflecting a net increase of 5,295,041.05[62] - Total liabilities remained unchanged at 742,755,964.17, indicating stable financial obligations[63] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -63,244,649.00, a decrease of 172.86%[8] - Cash flow from investment activities showed a net inflow of 93,668,400.74 CNY, a substantial improvement from a net outflow of -147,285,707.66 CNY in the previous period[55] - Total cash inflow from operating activities was 533,742,373.93 CNY, while cash outflow was 596,987,022.93 CNY, resulting in a net cash flow deficit[55] - The company reported a cash balance of 289,255,186.80 CNY at the end of the period, up from 166,861,040.22 CNY in the previous period[56] - The company incurred 18,832,066.21 CNY in cash outflows for fixed asset purchases, down from 29,168,210.60 CNY in the previous period[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,858[12] - The largest shareholder, Shao Jianwei, holds 46.60% of the shares, with 96,131,316 shares pledged[12] - The company declared a cash dividend of ¥1 per 10 shares, totaling ¥27,503,474.40, which was approved by the board and shareholders[23] Strategic Initiatives - The company plans to expand its market presence and invest in new technologies to enhance operational capabilities[38] - The company plans to focus on market expansion and new product development in the upcoming quarters[62] - Future guidance indicates a commitment to maintaining liquidity while exploring strategic acquisitions to enhance growth[62] Other Financial Metrics - Research and development expenses are CNY 10,745,368.92, slightly up from CNY 10,149,895.56 in the previous period[39] - Investment income for the current period is CNY 738,341.88, down from CNY 1,341,131.64 in the previous period[39] - The company reported a credit impairment loss of CNY -3,729,706.18, indicating potential issues with receivables[40] - The company experienced a credit impairment loss of ¥25,300,139.46, indicating potential challenges in asset quality[48]