CSI Intelligent Finance China Resources Materials (301090) disclosed its third quarter report for 2022 on October 25. In the first three quarters of 2022, the company achieved total operating income of 13.008 billion yuan, a year-on-year increase of 40.89%; net profit attributabl

CSI Intelligent Finance China Resources Materials (301090) disclosed its third quarter report for 2022 on October 25. In the first three quarters of 2022, the company achieved total operating income of 13.008 billion yuan, and increased by 40.89% year-on-year; net profit attributable to shareholders was 688 million yuan, a year-on-year increase of 96.41%; net profit excluding non-network was 620 million yuan, a year-on-year increase of 103.06%; net cash flow generated by operating activities was 148 million yuan, compared with -378 million yuan in the same period last year; during the reporting period, China Resources Materials 's basic earnings per share was 0.4653 yuan, and the weighted average return on equity was 10.64%.

announcement shows that the company's operating income changes in the first three quarters are mainly due to the start of Zhuhai's third phase and the increase in sales unit price.

According to the third quarter report, the company achieved total operating income of 4.945 billion yuan in the third quarter, a year-on-year increase of 48.52%, and a month-on-month increase of 8.52%; net profit attributable to shareholders was 257 million yuan, a year-on-year increase of 215.36%, and a month-on-month increase of 13.13%; net profit excluding non-network was 239 million yuan, a year-on-year increase of 250.00%, and a month-on-month increase of 15.26%.

In the first three quarters of 2022, the company's gross profit margin was 7.53%, an increase of 1.07 percentage points year-on-year; the net profit margin was 5.29%, an increase of 1.49 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 6.82%, up 2.27 percentage points year-on-year and down 0.30 percentage points month-on-month; the net profit margin was 5.19%, up 2.74 percentage points from the same period last year and 0.21 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 3.85%, an increase of 1.69 percentage points year-on-year and 0.38 percentage points month-on-month.

In the first three quarters of 2022, the company's operating activities cash flow was 148 million yuan, an increase of 526 million yuan year-on-year, mainly due to the increase in the settlement ratio of the bills in this period and the impact of tax refunds; the net cash flow of financing activities was -76.7442 million yuan, a decrease of 201 million yuan year-on-year, mainly due to the payment of dividends in this period; the net cash flow of investment activities was 327 million yuan, compared with -478 million yuan in the same period last year, mainly due to the redemption of financial products in this period.

In the first three quarters of 2022, the company's operating income cash ratio was 113.71%, and the net cash ratio was 21.56%.

In the first three quarters of 2022, the company's period expenses were 164 million yuan, a decrease of 16.4144 million yuan from the same period last year; the period expense ratio was 1.26%, a decrease of 0.69 percentage points from the same period last year. Among them, sales expenses increased by 68.15% year-on-year, administrative expenses increased by 43.89% year-on-year, R&D expenses increased by 12.82% year-on-year, and financial expenses changed from 3.3648 million yuan in the same period last year to -90.5463 million yuan.

According to the announcement, changes in sales expenses are mainly due to the increase in sales scale in this period and sales expenses are correspondingly increased; changes in management expenses are mainly due to the increase in sales scale in this period and management expenses are correspondingly increased; changes in financial expenses are mainly due to the continued rise in the US dollar exchange rate and the increase in exchange income.

As for major changes in assets, as of the end of the third quarter of 2022, the company's cash and funds increased by 23.68% from the end of the previous year, accounting for 2.90 percentage points of the company's total assets; advance payments increased by 84.44% from the end of the previous year, accounting for 2.04 percentage points of the company's total assets, mainly due to the inauguration of the third phase of Zhuhai and the increase in raw material prices; inventory increased by 18.08% from the end of the previous year, accounting for 1.86 percentage points of the company's total assets; fixed assets decreased by 0.14% from the end of the previous year, accounting for 1.55 percentage points of the company's total assets. In terms of major changes in liabilities of

, as of the end of the third quarter of 2022, the company's accounts payable increased by 21.77% from the end of the previous year, accounting for 0.78 percentage points of the company's total assets; contract liabilities increased by 20.23% from the end of the previous year, accounting for 0.64 percentage points of the company's total assets; other current liabilities increased by 27,658.09% from the end of the previous year, accounting for 0.55 percentage points of the company's total assets; non-current liabilities that expired within one year increased by 6.97% 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 29.21%, a decrease of 2.04 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 0.12%, an increase of 0.02 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 Guoxin Investment Co., Ltd., Tang Shuangyan, and Anhui Wutong Investment Management Co., Ltd., replacing Yang Dong, Hong Kong Central Clearing Co., Ltd. and Yan Honglan at the end of the second quarter.In terms of specific shareholding ratios, the shareholdings of Zhang Shuangzi, Chen Xiang, Yu Yan, Liu Guohua and Chen Xihe have increased, while the shareholdings of Wuhan Xingkaiyuan Power Engineering Co., Ltd. have decreased.