CSI Intelligent Finance Qingyi Optoelectronics (688138) disclosed its third quarter report for 2022 on October 20. In the first three quarters of 2022, the company achieved total operating income of 547 million yuan, a year-on-year increase of 41.46%; net profit attributable to s

CSI Intelligent Finance Qingyi Optoelectronics (688138) disclosed its third quarter report for 2022 on October 20. In the first three quarters of 2022, the company achieved total operating income of 547 million yuan, and increased by 41.46% year-on-year; net profit attributable to shareholders was 69.1397 million yuan, a year-on-year increase of 123.27%; net profit excluding non-operating items was 56.1111 million yuan, a year-on-year increase of 142.20%; net cash flow generated by operating activities was 89.5513 million yuan, a year-on-year decrease of 42.31%; during the reporting period, Qingyi Optoelectronics 's basic earnings per share was 0.26 yuan, and the weighted average return on assets was 5.63%.

announcement shows that the company's operating income in the first three quarters is mainly due to the growth of production and sales scale of subsidiary Hefei Qingyi during the reporting period.

According to the third quarter report, the company achieved total operating income of 206 million yuan in the third quarter, a year-on-year increase of 28.95% and a month-on-month increase of 6.40%; net profit attributable to shareholders was 30.1541 million yuan, a year-on-year increase of 193.82% and a month-on-month increase of 17.29%; net profit excluding non-network was 24.8206 million yuan, a year-on-year increase of 225.32% and a month-on-month increase of 13.93%.

In the first three quarters of 2022, the company's gross profit margin was 24.61%, a year-on-year decrease of 2.27 percentage points; the net profit margin was 12.63%, an increase of 4.63 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 26.13%, up 3.33 percentage points year-on-year and 1.45 percentage points month-on-month; the net profit margin was 14.66%, up 8.22 percentage points from the same period last year and 1.36 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 2.44%, up 1.57 percentage points year-on-year and 0.33 percentage points month-on-month.

In the first three quarters of 2022, the company's net cash flow in operating activities was 89.5513 million yuan, a year-on-year decrease of 42.31%, mainly due to the large VAT refund of approximately 85.811 million yuan in the same period last year; the net cash flow of financing activities was 18.1244 million yuan, a year-on-year decrease of 36.5474 million yuan; the net cash flow of investment activities was -62.9154 million yuan, a year-on-year decrease of -272 million yuan.

In the first three quarters of 2022, the company's operating income cash ratio was 102.19%, and the net cash ratio was 129.52%.

In the first three quarters of 2022, the company's period expenses were 66.7753 million yuan, a decrease of 564,700 yuan from the same period last year; the period expense ratio was 12.20%, a decrease of 5.20 percentage points from the same period last year. Among them, sales expenses increased by 3.93% year-on-year, administrative expenses increased by 4.85% year-on-year, R&D expenses increased by 4.22% year-on-year, and financial expenses changed from 2.8655 million yuan in the same period last year to -537,500 yuan.

In terms of major changes in assets, as of the end of the third quarter of 2022, the company's under construction projects decreased by 86.88% from the end of the previous year, accounting for 7.82 percentage points of the company's total assets; accounts receivable increased by 40.11% from the end of the previous year, accounting for 3.01 percentage points of the company's total assets; inventory increased by 59.44% from the end of the previous year, accounting for 2.73 percentage points of the company's total assets; monetary funds increased by 26.07% from the end of the previous year, accounting for 1.69 percentage points of the company's total assets.

In terms of major changes in liabilities, as of the end of the third quarter of 2022, the company's long-term loans decreased by 17.77% from the end of the previous year, accounting for 1.25 percentage points of the company's total assets; accounts payable increased by 14.64% from the end of the previous year, accounting for 0.36 percentage points of the company's total assets; contract liabilities increased by 39.26% from the end of the previous year, accounting for 0.04 percentage points of the company's total assets; other current liabilities increased by 19.12% from the end of the previous year, accounting for 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 23.93%, an increase of 2.61 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 8.95%, an increase of 1.80 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 China Merchants Mobile Internet Industry Stock Securities Investment Fund, E Fund Information Industry Mixed Securities Investment Fund, JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, and Jiashishi Ruoxing Regularly Open and Flexible Allocation Mixed Securities Investment Fund. In terms of specific shareholding ratios, Shen Xihong's shareholding has increased.

In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders in the company was 10,600, an increase of 676 from the end of the second quarter, an increase of 6.83%; the average shareholding market value increased from 434,000 yuan at the end of the second quarter to 505,500 yuan, an increase of 16.47%.