CSI Intelligent Finance Yuntianhua (600096) disclosed its third quarter report for 2022 on October 15. In the first three quarters of 2022, the company achieved total operating income of 56.459 billion yuan, a year-on-year increase of 18.53%; net profit attributable to shareholders was 5.13 billion yuan, a year-on-year increase of 80.63%; net profit excluding non-network was 4.981 billion yuan, a year-on-year increase of 81.40%; net cash flow generated by operating activities was 5.484 billion yuan, a year-on-year increase of 13.76%; during the reporting period, Yuntianhua basic earnings per share was 2.7938 yuan, and the weighted average return on equity was 39.59%.
According to the third quarter report, the company achieved total operating revenue of 19.836 billion yuan in the third quarter, an increase of 18.77% year-on-year and a decrease of 8.42% month-on-month; net profit attributable to shareholders was 1.665 billion yuan, an increase of 31.24% year-on-year and a decrease of 8.55% month-on-month; net profit excluding non-network was 1.623 billion yuan, an increase of 31.42% year-on-year and a decrease of 8.09% month-on-month.
In the first three quarters of 2022, the company's gross profit margin was 17.16%, an increase of 3.98 percentage points year-on-year; the net profit margin was 10.72%, an increase of 3.73 percentage points from the same period last year. Judging from the single-quarter indicators, the company's gross profit margin in the third quarter of 2022 was 15.81%, up 0.57 percentage points year-on-year and down 0.96 percentage points month-on-month; the net profit margin was 9.62%, up 0.82 percentage points from the same period last year and down 0.74 percentage points from the previous quarter.
In the third quarter of 2022, the company's return on equity was 11.27%, a year-on-year decrease of 3.37 percentage points and a month-on-month decrease of 2.85 percentage points.
In the first three quarters of 2022, the company's net cash flow of in operating activities was 5.484 billion yuan, a year-on-year increase of 13.76%; the net cash flow of financing activities was -1.682 billion yuan, a year-on-year increase of 2.002 billion yuan; the net cash flow of investment activities was -2.516 billion yuan, a year-on-year increase of -713 million yuan.
In the first three quarters of 2022, the company's operating income cash ratio was 111.02%, and the net cash ratio was 106.90%.
In the first three quarters of 2022, the company's period expenses were 2.247 billion yuan, and the period expense ratio was 3.98%.
In terms of major changes in assets, as of the end of the third quarter of 2022, the company's accounts receivable increased by 371.86% from the end of the previous year, accounting for 5.51 percentage points, accounting for the company's total assets; fixed assets increased by 1.02% from the end of the previous year, accounting for 4.56 percentage points; construction projects under construction increased by 130.30% from the end of the previous year, accounting for 2.82 percentage points; intangible assets decreased by 1.60% from the end of the previous year, accounting for 1.10 percentage points. In terms of major changes in
liabilities, as of the end of the third quarter of 2022, the company's long-term loans increased by 88.57% from the end of the previous year, accounting for 6.35 percentage points of the company's total assets; short-term loans decreased by 18.83% from the end of the previous year, accounting for 12.38 percentage points of the company's total assets; accounts payable increased by 57.04% from the end of the previous year, accounting for 2.28 percentage points of the company's total assets; contract liabilities increased by 14.88% from the end of the previous year, accounting for 0.05 percentage points of the company's total assets. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the third quarter of 2022 was 69.75%, a decrease of 6.54 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 49.33%, a decrease of 6.90 percentage points from the end of the previous year.
The third quarter report shows that among the top ten circulating shareholders of the company at the end of the third quarter of 2022, the new shareholders are Wang Zuoyu, the National Social Security Fund 116 portfolio, China Life Security Fund China Life Shares Balanced Stock Portfolio Single Asset Management Plan (Available for Sale), and Fang Shixiong, replacing CITIC Lyon Asset Management Co., Ltd. at the end of the second quarter-time - Customer Fund, Shu Shaomin, and Haifutong reform-driven flexible allocation hybrid securities investment fund, China Ping An Life Insurance Co., Ltd. -Investment Connect-Personal Insurance Investment Co., Ltd. In terms of specific shareholding ratios, the holdings of Hong Kong Central Clearing Co., Ltd., Wu Wenbin, Qianhai Life Insurance Co., Ltd. -dividend insurance products, and CSI 500 Trading Open-end Index Securities Investment Fund have increased. In terms of chip concentration, as of the end of the third quarter of 2022, the company's total number of shareholders was 243,900, an increase of 37,100 from the end of the second quarter, an increase of 17.95%; the average shareholding market value fell from 279,400 yuan at the end of the second quarter to 178,600 yuan, a decrease of 36.08%.
