Benefiting from the continuous expansion of process equipment coverage, the steady increase in market share, and the continuous improvement of operational efficiency, in the third quarter, Naura Technology Group's net income increased by 55.02% year-on-year, with total revenue increasing by 30.12% year-on-year. Thanks to the rapid growth in revenue from electronic process equipment and a decrease in the cost-to-revenue ratio, Naura Technology Group's net income increased by 54.72% year-on-year in the first three quarters.
Benefiting from continuous expansion of process equipment coverage, steady increase in market share, and continuous improvement in operating efficiency, in the third quarter, Naura Technology Group's net income increased by 55.02% year-on-year, with total revenue increasing by 30.12% year-on-year.
On Tuesday, October 29th, Naura Technology Group released its third-quarter financial report:
1) Key Financial Figures:
- Total revenue in the third quarter: 8.018 billion yuan, an increase of 30.12% year-on-year; total revenue in the first three quarters was 20.353 billion yuan, an increase of 39.51% year-on-year.
- Net income in the third quarter: 1.682 billion yuan, an increase of 55.02% year-on-year; net income in the first three quarters was 4.463 billion yuan, an increase of 54.72% year-on-year.
- Earnings per share in the third quarter: 3.1667 yuan, an increase of 54.52% year-on-year; earnings per share in the first three quarters was 8.4019 yuan, an increase of 54.23% year-on-year.
- Net income excluding non-recurring gains and losses in the third quarter: 1.626 billion yuan, an increase of 57.72% year-on-year.
As of the end of the third quarter, total assets were 63.43 billion RMB, and at the end of 2023, it was 53.625 billion RMB.
Naura Technology Group is currently an advanced enterprise in the domestic integrated circuit high-end process equipment, mainly engaged in semiconductor equipment, vacuum and lithium battery equipment, and precision components businesses, providing solutions for semiconductors, new energy, new materials, and other fields.
In the first three quarters, Naura Technology Group's net income increased by 54.72% year-on-year, and overall revenue increased by 39.51% year-on-year. Naura Technology Group stated that this was mainly due to the rapid growth in electronic process equipment income, a significant year-on-year increase of 46.96%, and a decrease in cost-to-income ratio.
In the first three quarters, Naura Technology Group's net cash flow from operating activities decreased by 59.97% year-on-year. Naura Technology Group stated that this was mainly due to an increase in payments for goods purchased to meet order demands.
Today, Naura Technology Group closed up 1.09% at 3898.70 RMB per share, with a market cap of 206.27 billion RMB. Over the past year, Naura Technology Group's stock price has increased by over 50%.
