CSI Intelligent Finance China Mining Resources (002738) disclosed its third quarter report for 2022 on October 24. In the first three quarters of 2022, the company achieved total operating income of 5.489 billion yuan, and increased by 293.51% year-on-year; net profit attributable to shareholders was 2.051 billion yuan, a year-on-year increase of 578.53%; net profit excluding non-network profit was 1.999 billion yuan, a year-on-year increase of 585.46%; net cash flow generated by operating activities was 1.131 billion yuan, a year-on-year increase of 534.63%; during the reporting period, China Mining Resources 's basic earnings per share was 4.494 yuan, and the weighted average return on assets was 39.93%.
announcement shows that the company's operating income in the first three quarters is mainly due to the increase in the business income of lithium battery new energy raw materials development and utilization.
According to the third quarter report, the company achieved total operating income of 2.078 billion yuan in the third quarter, a year-on-year increase of 299.01%, and a month-on-month increase of 32.88%; net profit attributable to shareholders was 729 million yuan, a year-on-year increase of 464.13%, and a month-on-month increase of 33.02%; net profit excluding non-network was 724 million yuan, a year-on-year increase of 464.88%, and a month-on-month increase of 44.91%.
In the first three quarters of 2022, the company's gross profit margin was 49.52%, an increase of 0.58 percentage points year-on-year; the net profit margin was 37.37%, an increase of 15.87 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 47.81%, a year-on-year decrease of 5.66 percentage points and a month-on-month increase of 4.86 percentage points; the net profit margin was 35.08%, an increase of 10.16 percentage points from the same period last year and a 0.01 percentage point from the previous quarter.
In the third quarter of 2022, the company's return on equity was 12.52%, an increase of 8.97 percentage points year-on-year and 1.89 percentage points month-on-month.
In the first three quarters of 2022, the company's operating activities cash flow was 1.131 billion yuan, a year-on-year increase of 534.63%, mainly due to the significant increase in the revenue of lithium battery new energy raw materials development and utilization; the net cash flow of financing activities was 753 million yuan, a year-on-year increase of 666 million yuan, mainly due to the increase of Bikita project mergers and acquisitions loans in this period; the net cash flow of investment activities was -1.261 billion yuan, compared with -117 million yuan in the same period last year, mainly due to the payment of equity acquisition funds for Bikita project in this period.
In the first three quarters of 2022, the company's operating income cash ratio was 71.15%, and the net cash ratio was 55.14%.
In the first three quarters of 2022, the company's period expenses were 416 million yuan, an increase of 175 million yuan from the same period last year; but the period expense ratio was 7.58%, a decrease of 9.67 percentage points from the same period last year. Among them, sales expenses increased by 9.86% year-on-year, administrative expenses decreased by 1.23% year-on-year, R&D expenses increased by 437.32% year-on-year, and financial expenses increased by 440.26% year-on-year.
According to the announcement, changes in financial expenses are mainly due to the increase in bank loans, which lead to increased interest expenses; changes in R&D expenses are mainly due to the increase in R&D expenses of new products and new processes. In terms of major changes in
assets, as of the end of the third quarter of 2022, the company's intangible assets increased by 1064.86% from the end of the previous year, accounting for 14.97 percentage points of the company's total assets; fixed assets increased by 3.54% from the end of the previous year, accounting for 5.08 percentage points of the company's total assets; cash and cash funds increased by 38.89% from the end of the previous year, accounting for 4.14 percentage points of the company's total assets, mainly due to the increase in operating activities, net cash flow ; construction projects under construction increased by 271.34% from the end of the previous year, accounting for 1.05 percentage points of the company's total assets, mainly due to the increase in the scope of mergers and acquisitions of Bikita. In terms of major changes in the liabilities of
, as of the end of the third quarter of 2022, the company's non-current liabilities due within one year, increased by 1,127.74% from the end of the previous year, accounting for 4.42 percentage points of the company's total assets; short-term loans increased by 94.40% from the end of the previous year, accounting for 1.30 percentage points of the company's total assets; contract liabilities increased by 176.83% from the end of the previous year, accounting for 1.02 percentage points of the company's total assets; long-term loans increased by 4.73% from the end of the previous year, accounting for 3.50 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 37.99%, an increase of 4.23 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 20.37%, an increase of 1.19 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 were Guotou UBS Industry Trend Mixed Securities Investment Fund, replacing Jianxin New Energy Industry Stock Securities Investment Fund at the end of the second quarter.In terms of specific shareholding ratio, the holdings of Guotou UBS New Energy Mixed Securities Investment Fund, Xinao New Energy Selected Mixed Securities Investment Fund, Guotou UBS Advanced Manufacturing Mixed Securities Investment Fund, and Oriental New Energy Vehicle Theme Mixed Securities Investment Fund have increased, while the holdings of Zhongse Mining Group Co., Ltd., Hong Kong Central Clearing Co., Ltd., Shenzhen Oriental Fuhai Venture Capital Management Co., Ltd.-Fuhai Stock Investment Bang (Wuhu) No. 4 Equity Investment Partnership (Limited Partnership), Zhong Haihua, and Tibet Tengyi Investment Co., Ltd. have decreased.
| Share name | Stock holders (ten thousand shares) | Sales proportion of total share capital (%) | change ratio (%) |
|---|---|---|---|
| Zhongse Mining Group Co., Ltd. | 7280 | 15.897398 | -0.00 |
| Hong Kong Central Settlement Co., Ltd. | 815.64 | 1.781128 | -1.21 |
| Guotou UBS New Energy Mixed Securities Investment Fund | 715.89 | 1.563294 | 0.28 |
| Xin Ao New Energy Selected Mixed Securities Investment Fund | 531.85 | 1.161413 | 0.00 |
| Shenzhen Oriental Fuhai Venture Capital Management Co., Ltd.-Fuhai Stock Investment Bang (Wuhu) No. 4 Equity Investment Partnership (Limited Partnership) | 528.75 | 1.154641 | -0. 00 |
| Zhong Haihua | 464.76 | 1.014891 | -0.18 |
| Tibet Tengyi Investment Co., Ltd. | 434.8 | 0.94948 | -0.26 |
| Guotou UBS Advanced Manufacturing Mixed Securities Investment Fund | 378.8 | 0.827198 | 0.18 |
| National UBS Industry Trend Mixed Securities Investment Fund | 374.24 | 0.817227 | New |
| Oriental New Energy Vehicle Theme Mixed Securities Investment Fund | 368.89 | 0.80 5546 | 0.10 |
In terms of chip concentration, as of the end of the third quarter of 2022, the company's total number of shareholders was 59,000, an increase of 2,546 from the end of the second quarter, an increase of 4.51%; the average shareholding market value fell from 751,100 yuan at the end of the second quarter to 714,000 yuan, a decrease of 4.94%.
