CSI Intelligent Finance News Baina Qiancheng (300291) disclosed its third quarter report for 2022 on October 27. In the first three quarters of 2022, the company achieved a total operating income of 212 million yuan, a year-on-year decrease of 60.44%; a net profit attributable to shareholders was 10.4322 million yuan, a year-on-year profit of 59.4043 million yuan; a net profit of 39.5078 million yuan, a year-on-year profit of 43.4081 million yuan; a net cash flow generated by operating activities was 29.1063 million yuan, a year-on-year decrease of 72.73%; during the reporting period, Baina Qiancheng basic earnings per share was -0.0114 yuan, and the weighted average return on assets was -0.28%.
During the reporting period, the company's total non-recurring gains and losses of was RMB 29.0757 million, of which the profits and losses of 's fair value changes in and investment income were RMB 25.0426 million.
announcement shows that the company's operating income in the first three quarters is mainly due to the delay in the schedule and screening of the company's main projects during the reporting period.
According to the third quarter report, the company achieved total operating income of 51.4263 million yuan in the third quarter, a year-on-year decrease of 51.63%, a month-on-month decrease of 51.56%; net profit attributable to shareholders was -5.6179 million yuan, a year-on-year decrease of 1.10.99% and a month-on-month decrease of 1.47.40%; net profit excluding non-network was -16.6924 million yuan, a year-on-year decrease of 136.69% and a month-on-month decrease of 707.14%.
In the first three quarters of 2022, the company's gross profit margin was 15.14%, a year-on-year decrease of 4.57 percentage points; the net profit margin was -9.19%, a decrease of 19.48 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 19.96%, a year-on-year decrease of 51.67 percentage points and a month-on-month decrease of 9.34 percentage points; the net profit margin was -11.98%, a decrease of 57.72 percentage points from the same period last year and a decrease of 25.64 percentage points from the previous quarter.
In the third quarter of 2022, the company's return on equity was -0.15%, a year-on-year decrease of 1.55 percentage points and a month-on-month decrease of 0.47 percentage points.
In the first three quarters of 2022, the company's operating activities cash flow was RMB 2,910.63 million, a year-on-year decrease of 72.73%, mainly due to the company's project planning and cycle management during the reporting period; the net cash flow of financing activities was -13.3742 million yuan, a year-on-year increase of 28.2899 million yuan, mainly due to the company's cash flow received by the holding subsidiaries during the reporting period and some rents were not yet paid; the net cash flow of investment activities was -297 million yuan, compared with -685 million yuan in the same period last year, mainly due to the company's cash liquidity management during the reporting period.
In the first three quarters of 2022, the company's operating income cash ratio was 279.09%, and the net cash ratio was -279.01%.
In the first three quarters of 2022, the company's period expenses were 82.5456 million yuan, an increase of 1.0787 million yuan over the same period last year; the period expense ratio was 38.93%, an increase of 23.73 percentage points from the same period last year. Among them, sales expenses decreased by 3.15% year-on-year, management expenses increased by by 21.98% year-on-year, and financial expenses changed from -10.6015 million yuan in the same period last year to -9.3603 million yuan. In terms of major changes in
assets, as of the end of the third quarter of 2022, the company's accounts receivable decreased by 40.24% from the end of the previous year, accounting for 6.73 percentage points, mainly due to the increase in project collection and collection during the reporting period, and the balance of accounts receivable at the end of the period decreased; monetary funds decreased by 33.25% from the end of the previous year, accounting for 6.01 percentage points, mainly due to the company's cash liquidity management during the reporting period; advance payments increased by 58.80% from the end of the previous year, accounting for 3.09 percentage points higher than the end of the previous year, accounting for 3.09 percentage points higher than the previous year, accounting for project planning and cyclical management of the company during the reporting period; inventory increased by 18.38% from the end of the previous year, accounting for 3.03 percentage points higher. 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 1948.75% from the end of the previous year, accounting for 1.02 percentage points, mainly due to the fact that some of the business payables were not settled during the reporting period; contract liabilities increased by 68.28% from the end of the previous year, accounting for 0.76 percentage points from the end of the previous year, mainly due to the increase in the company's prepaid business payments during the reporting period; non-current liabilities due within one year, and decreased by 12.51% from the end of the previous year, accounting for 0.10 percentage points; other current liabilities increased by 423.16% from the end of the previous year, accounting for 0.03 percentage points from the end of the previous year. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the third quarter of 2022 was 7.90%, a decrease of 2.99 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 0.93%, a decrease 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, Yingfeng Group Co., Ltd. held the largest shareholding, accounting for 16.39%. The list of top ten circulating shareholders remains unchanged compared with the end of the second quarter of 2022. In terms of specific shareholding ratios, Chen Wanyuan's shareholding has increased.
| Share name | Stock holders (ten thousand shares) | Sales proportion (%) | Total share capital (%) | Variation ratio (%) |
|---|---|---|---|---|
| Yingfeng Group Co., Ltd. | 15056.71 | 16.386981 | Unchanged | |
| Hualu Capital Holdings Co., Ltd. | 6459 | 7.02966 | Unchangedhm l14 | |
| Liu Dehong | 4720.06 | 5.13708 | unchanged | |
| He Jianfeng | 4090.31 | 4.451687 | unchanged | |
| Shenzhen Lanhuo Investment Management Enterprise (Limited Partnership) | 1783.44 | 1.941003 | unchanged | |
| Hu Gang | 1151.43 | 1.253164 | unchanged | |
| Shenzhen High-tech Investment Group Co., Ltd. | 1000 | 1.088351 | unchanged | |
| Chen Wanyuan | 950.92 | 1.03494 | 0.12 | |
| Sichuan Fa (Hainan) Enterprise Management Investment Co., Ltd. | 945.18 | 1.028687 | remains unchanged | |
| Great Wall Guorong Investment Management Co., Ltd. | 940.45 | 1.023543 | remains unchanged |
In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders of the company was 24,400, a decrease of 1,606 from the end of the second quarter, a decrease of 6.18%; the average shareholding market value dropped from 168,100 yuan at the end of the second quarter to 153,500 yuan, a decrease of 8.69%.
