CSI Intelligent Finance Xintian Technology (300259) disclosed its third quarter report for 2022 on October 27. In the first three quarters of 2022, the company achieved total operating income of 777 million yuan, a year-on-year decrease of 3.22%; net profit attributable to shareholders was 163 million yuan, a year-on-year decrease of 45.91%; net profit excluding non-operating items was 179 million yuan, a year-on-year increase of 22.47%; net cash flow generated by operating activities was 153 million yuan, a year-on-year increase of 2430.96%; during the reporting period, Xintian Technology 's basic earnings per share was 0.14 yuan, and the weighted average return on assets was 5.77%.
According to the third quarter report, the company achieved total operating income of 317 million yuan in the third quarter, a year-on-year decrease of 1.88%, and a month-on-month increase of 15.23%; net profit attributable to shareholders was 42.6702 million yuan, a year-on-year decrease of 68.38%, and a month-on-month decrease of 62.16%; net profit excluding non-network was 77.3691 million yuan, a year-on-year increase of 10.96%, and a month-on-month increase of 18.47%.
In the first three quarters of 2022, the company's gross profit margin was 44.40%, a year-on-year decrease of 0.55 percentage points; the net profit margin was 21.03%, a decrease of 16.64 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 44.96%, a year-on-year decrease of 0.52 percentage points and a month-on-month increase of 2.66 percentage points; the net profit margin was 13.42%, a decrease of 28.27 percentage points from the same period last year and a decrease of 27.50 percentage points from the previous quarter.
In the third quarter of 2022, the company's return on equity was 1.53%, a year-on-year decrease of 3.56 percentage points and a month-on-month decrease of 2.49 percentage points.
In the first three quarters of 2022, the company's net cash flow of in operating activities was 153 million yuan, a year-on-year increase of 2430.96%; the net cash flow of financing activities was -175 million yuan, a year-on-year decrease of 69.868 million yuan; the net cash flow of investment activities was -262 million yuan, a year-on-year increase of 219 million yuan.
In the first three quarters of 2022, the company's operating income cash ratio was 110.93%, and the net cash ratio was 93.38%.
In the first three quarters of 2022, the company's period expenses were 159 million yuan, a decrease of 25.2895 million yuan from the same period last year; the period expense ratio was 20.53%, a decrease of 2.49 percentage points from the same period last year. Among them, sales expenses decreased by 10.29% year-on-year, administrative expenses decreased by 9.98% year-on-year, R&D expenses decreased by 3.73% year-on-year, and financial expenses changed from -8.0149 million yuan in the same period last year to -17.8831 million yuan.
In terms of major changes in assets, as of the end of the third quarter of 2022, the company's cash and funds decreased by 33.53% from the end of the previous year, accounting for 8.11 percentage points of the company's total assets; construction projects under construction increased by 82.69% from the end of the previous year, accounting for 2.68 percentage points of the company's total assets; inventory increased by 9.48% from the end of the previous year, accounting for 0.89 percentage points of the company's total assets; accounts receivable increased by 6.16% from the end of the previous year, accounting for 0.86 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 accounts payable increased by 6.36% from the end of the previous year, accounting for 0.58 percentage points of the company's total assets; contract liabilities increased by 31.39% from the end of the previous year, accounting for 0.44 percentage points of the company's total assets; other current liabilities increased by 43.29% from the end of the previous year, accounting for 0.07 percentage points of the company's total assets; prepaid accounts decreased by 38.68% from the end of the previous year, accounting for 0.01 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 15.99%, an increase of 0.10 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 Huang Yongyao and Ju Ziming, replacing Chen Min and Zhao Qiaoling at the end of the second quarter. In terms of specific shareholding ratios, Chen Guangzhu's shareholding has increased, while Yang Jingfu's shareholding has decreased.
| Share name | Stakeholder shares (ten thousand shares) | Sales proportion (%) | Total share capital (%) | Frequency ratio (%) |
|---|---|---|---|---|
| Free war wave | 10486.54 | 8.964377 | Unchanged | |
| Free capital | 9708.55 | 8.299313 | Unchanged | |
| Free capital | 9708.55 | 8.299313 | 3 unchanged||
| Wang Jun | 1366.91 | 1.168498 | unchanged | |
| Yang Jingfu | 1032 | 0.882201 | -0.00 | |
| Chen Xia | 576.39 | 0.492722 | unchanged | |
| Chen Guangzhu | 455.14 | 0.389075 | 0.11 | |
| Huang Yongyao | 88.26 | 0.331902 | New | |
| Zhao Cong | 42.77 | 0.293016 | unchanged | |
| Lin Anxiu | 320.95 | 0.274364 | remains unchanged | |
| Ju Ziming | 300 | .256454 | New |
In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders of the company was 33,500, a decrease of 965 from the end of the second quarter, a decrease of 2.80%; the average shareholding market value dropped from 122,300 yuan at the end of the second quarter to 116,800 yuan, a decrease of 4.50%.
