NTI(300532)2024-10-28 11:15Financial Performance - The company's revenue for Q3 2024 was ¥390,230,789.21, a decrease of 47.97% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥28,769,897.40, down 74.22% year-over-year[2]. - The net profit excluding non-recurring items for Q3 2024 was ¥24,754,768.18, a decline of 77.55% compared to the previous year[2]. - Total operating revenue for Q3 2024 was CNY 2,039,342,978.15, a decrease of 11.76% compared to CNY 2,311,680,445.63 in the same period last year[14]. - The net profit for Q3 2024 was approximately ¥271.25 million, a decrease of 16.9% compared to ¥326.42 million in the same period last year[15]. - The company reported a total comprehensive income attributable to the parent company of approximately ¥271.16 million, down from ¥326.64 million year-over-year[15]. - The company incurred a total operating expense of approximately ¥1.95 billion, compared to ¥2.33 billion in the same quarter last year, reflecting a decrease of 16.5%[16]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥4,464,482,696.28, representing a decrease of 12.97% from the end of the previous year[2]. - Total assets decreased to CNY 4,464,482,696.28 from CNY 5,129,996,720.13, reflecting a decline of approximately 12.93%[12]. - Current assets totaled CNY 4,136,658,008.74, down from CNY 4,774,970,786.11, indicating a reduction of about 13.38%[12]. - Inventory decreased significantly to CNY 982,018,947.43 from CNY 1,353,195,262.13, a decline of approximately 27.5%[12]. - Short-term borrowings increased by 39.93% to ¥61,729,116.68 during the reporting period[5]. - Short-term borrowings increased to CNY 61,729,116.68 from CNY 44,114,789.35, representing a rise of about 39.93%[12]. - Contract liabilities decreased to CNY 1,170,174,164.02 from CNY 1,712,002,502.07, a reduction of approximately 31.66%[12]. Cash Flow - The company's cash flow from operating activities for the year-to-date was negative at ¥-358,199,121.83, a significant decline of 784.73% year-over-year[2]. - Operating cash flow for the period was negative at approximately ¥358.20 million, compared to a positive cash flow of ¥52.31 million in Q3 2023[16]. - The company received cash from investment activities totaling approximately ¥1.31 billion, while cash outflow from investment activities was approximately ¥1.85 billion, resulting in a net cash outflow of approximately ¥540.53 million[16]. - The company raised approximately ¥185.73 million from financing activities, compared to ¥53.27 million in the previous year[17]. - The company experienced a negative impact of approximately ¥1.01 billion in net cash increase during the period, compared to a negative increase of ¥124.20 million in Q3 2023[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,775, with the largest shareholder, Shao Jianwei, holding 35.10% of the shares, amounting to 157,893,910 shares[8]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder, Shao Jianfeng, owning 5.52% or 24,831,749 shares[8]. - The total number of restricted shares at the beginning of the period was 15,046,744, with 6,679,891 shares added during the period, resulting in a total of 21,524,095 restricted shares at the end of the period[9]. - The company has seen an increase in the number of restricted shares held by executives, with Shao Jianfeng's restricted shares increasing from 12,844,008 to 18,623,812 due to additional shares being locked up[9]. - The company is undergoing a change in control, with the major shareholder Shao Jianwei agreeing to transfer all his shares, which will result in a new controlling shareholder[10]. - The company is actively working on the transaction related to the change of control and will comply with legal disclosure requirements as the situation progresses[10]. - The top ten unrestricted shareholders include institutional investors and individuals, with the largest unrestricted shareholder being Shao Jianwei, holding 157,893,910 shares[8]. - The company has not reported any changes in the participation of major shareholders in margin trading activities during the reporting period[9]. - The company has a significant number of shares pledged, with Shao Jianwei pledging 72,500,000 shares[8]. Investment and Development - The investment income for the year-to-date was ¥6,807,191.61, an increase of 698.37% compared to the same period last year[6]. - Research and development expenses for Q3 2024 were CNY 99,896,007.91, down from CNY 110,192,628.99, a decrease of about 9.5%[14]. Equity and Returns - The weighted average return on equity for Q3 2024 was 1.59%, down 5.33% compared to the same period last year[2]. - The company reported a basic earnings per share of ¥0.87, down from ¥1.06 in the same quarter last year[15]. - The total equity attributable to shareholders increased to CNY 1,668,880,712.56 from CNY 1,645,525,897.03[13].