Diamond Dies,Redrawing Dies,Wires Redrawing Dies Tungsten,CNC Machine Tools Co., Ltd. , http://www.nstungsten.com
From a single quarter perspective, in the third quarter of 2010, the company achieved a total operating income of 114 million yuan, an increase of 13.88%; the net profit attributable to shareholders of listed companies was 19,083,000 yuan, an increase of 13.52%. The company's performance growth rate has declined compared with the first half of the year. This decline was mainly due to the low base in the first half of 2009.
From a profit perspective, the gross profit margin for the first three quarters was 35.70%, and the net profit margin was 15.76%, a slight increase from the same period last year. The company's single-quarter gross margin in the third quarter was 35.36%, and the net profit margin was 16.63%, which was not much changed compared with the first half of the year. The company's profitability is relatively stable and has not decreased with the increase in revenue. As of the end of the third quarter, the company's inventory amounted to 100 million yuan, a slight increase from the same period of last year, and the historical average level changed little. The company's accounts receivable increased by 34.72% from the previous period. The reason is due to the increase in sales revenue during the period. From the changes in inventory and accounts receivable, the company's operation was stable and there was no abnormal change.
Overall, the company's operations are stable and in line with expectations. In the next few years, with the continuous release of new capacity, the company's performance can maintain steady growth.
In the first three quarters of 2010, the company achieved a total operating income of 320 million yuan, a year-on-year increase of 20.62%; the net profit attributable to shareholders of listed companies was 50.423 million yuan, an increase of 27.68%; the realized earnings per share was 0.29 yuan.