CSI Intelligent Finance Hunan Oil Pump (603319) disclosed its third quarter report for 2022 on October 27. In the first three quarters of 2022, the company achieved total operating income of 1.201 billion yuan, a year-on-year decrease of 5.35%; net profit attributable to sharehol

CSI Intelligent Finance Hunan Oil Pump (603319) disclosed its third quarter report for 2022 on October 27. In the first three quarters of 2022, the company achieved total operating income of 1.201 billion yuan, a year-on-year decrease of 5.35%; net profit attributable to shareholders was 105 million yuan, a year-on-year decrease of 19.26%; net profit excluding non-operating items was 96.5937 million yuan, a year-on-year decrease of 23.63%; net cash flow generated by operating activities was 165 million yuan, and increased by 522.21% year-on-year; during the reporting period, Hunan Oil Pump 's basic earnings per share was 0.52 yuan, and the weighted average return on assets was 7.19%.

According to the third quarter report, the company achieved total operating income of 457 million yuan in the third quarter, an increase of 10.88% year-on-year and a month-on-month increase of 31.93%; net profit attributable to shareholders was 57.6744 million yuan, an increase of 58.03% year-on-year and a month-on-month increase of 250.68%; net profit excluding non-network was 55.3639 million yuan, an increase of 48.45% year-on-year and a month-on-month increase of 280.69%.

In the first three quarters of 2022, the company's gross profit margin was 24.41%, a year-on-year decrease of 2.90 percentage points; the net profit margin was 9.14%, a decrease of 0.97 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 27.02%, up 1.93 percentage points year-on-year and 4.74 percentage points month-on-month; the net profit margin was 13.17%, up 4.22 percentage points from the same period last year and 8.01 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 3.94%, up 1.26 percentage points year-on-year and 2.81 percentage points month-on-month.

In the first three quarters of 2022, the company's operating activities cash flow was 165 million yuan, a year-on-year increase of 522.21%, mainly due to the increase in sales collection in this period and the decrease in payment of goods; the net cash flow in financing activities was 7.4035 million yuan, a year-on-year increase of 24.0652 million yuan, mainly due to the small financing in the previous period; the net cash flow in investment activities was -56.2716 million yuan, compared with -134 million yuan in the same period last year, mainly due to changes in financial products.

In the first three quarters of 2022, the company's operating income cash ratio was 77.10%, and the net cash ratio was 156.56%.

In the first three quarters of 2022, the company's period expenses were 166 million yuan, a decrease of 13.8875 million yuan from the same period last year; the period expense ratio was 13.78%, a decrease of 0.36 percentage points from the same period last year. Among them, sales expenses decreased by 1.68% year-on-year, administrative expenses increased by 4.54% year-on-year, R&D expenses increased by 0.48% year-on-year, and financial expenses decreased by 74.65% year-on-year.

In terms of major changes in assets, as of the end of the third quarter of 2022, the company's accounts receivable increased by 37.66% from the end of the previous year, accounting for 4.41 percentage points, mainly due to the growth of sales in this period; monetary funds increased by 14.79% from the end of the previous year, accounting for 1.04 percentage points from the end of the previous year; fixed assets increased by 8.77% from the end of the previous year, accounting for 0.79 percentage points from the end of the previous year; construction projects increased by 1.09% from the end of the previous year, accounting for 0.19 percentage points from the decrease 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 decreased by 8.92% from the end of the previous year, accounting for 1.79 percentage points of the company's total assets; long-term loans increased by 45.12% from the end of the previous year, accounting for 1.65 percentage points of the company's total assets, mainly due to the increase in long-term loans in this period; short-term loans increased by 13.77% from the end of the previous year, accounting for 1.19 percentage points of the company's total assets; other current liabilities decreased by 31.77% from the end of the previous year, accounting for 0.89 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 45.31%, an increase of 1.02 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 24.26%, an increase of 2.51 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 China Merchants Fund -Guoxin Investment Co., Ltd.-China Merchants Fund -Stable Absolute Return Single Asset Management Plan, replacing Qin Miesheng at the end of the second quarter. In terms of specific shareholding ratio, the holdings of the National Social Security Fund 604 Group and Xinao New Energy Industry Stock Securities Investment Fund have increased, while the holdings of Zhou Yong and China International Financial Co., Ltd. have decreased.

In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders of the company was 22,800, a decrease of 258 from the end of the second quarter, a decrease of 1.12%; the average shareholding market value dropped from 171,700 yuan at the end of the second quarter to 134,400 yuan, a decrease of 21.72%.