CSI Intelligent Finance News Chuangli Group (603012) disclosed its third quarter report for 2022 on October 28. In the first three quarters of 2022, the company achieved total operating income of 1.664 billion yuan, a year-on-year decrease of 1.77%; net profit attributable to shareholders was 247 million yuan, and increased by 29.53% year-on-year; net profit excluding non-operating items was 221 million yuan, a year-on-year increase of 8.40%; net cash flow generated by operating activities was 394 million yuan, a year-on-year increase of 100.85%; during the reporting period, Chuangli Group's basic earnings per share was 0.39 yuan, and the weighted average return on assets was 8.30%.
According to the third quarter report, the company achieved total operating income of 704 million yuan in the third quarter, a year-on-year decrease of 8.88%, and a month-on-month increase of 23.54%; net profit attributable to shareholders was 95.477 million yuan, a year-on-year decrease of 8.19%, and a month-on-month increase of 32.79%; net profit excluding non-network was 89.9952 million yuan, a year-on-year decrease of 9.75%, and a month-on-month increase of 44.11%.
In the first three quarters of 2022, the company's gross profit margin was 44.95%, an increase of 3.27 percentage points year-on-year; the net profit margin was 14.81%, a decrease of 0.44 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 43.84%, an increase of 8.14 percentage points year-on-year and 1.43 percentage points month-on-month; the net profit margin was 14.59%, a decrease of 0.62 percentage points from the same period last year and 3.01 percentage points from the previous quarter.
In the third quarter of 2022, the company's return on equity was 3.13%, a year-on-year decrease of 0.30 percentage points and a month-on-month increase of 0.70 percentage points.
In the first three quarters of 2022, the company's operating activities cash flow was RMB 394 million, an increase of 100.85% year-on-year, mainly due to the increase in cash collections received during the reporting period and acceptance bills for to receive due to acceptance bills; the net cash flow for financing activities was RMB 174 million, a decrease of RMB 116 million year-on-year; the net cash flow for investment activities was RMB 161 million, compared with the same period last year -165 million.
In the first three quarters of 2022, the company's operating income cash ratio was 115.30%, and the net cash ratio was 159.41%.
In the first three quarters of 2022, the company's period expenses were 480 million yuan, an increase of 62.1801 million yuan over the same period last year; the period expense ratio was 28.84%, an increase of 4.18 percentage points from the same period last year. Among them, sales expenses increased by 14.6% year-on-year, administrative expenses decreased by 1.22% year-on-year, R&D expenses increased by 52.61% year-on-year, and financial expenses decreased by 12.29% year-on-year.
In terms of major changes in assets, as of the end of the third quarter of 2022, the company's inventory increased by 26.57% from the end of the previous year, accounting for 3.78 percentage points of the company's total assets; accounts receivable decreased by 3.83% from the end of the previous year, accounting for 1.73 percentage points of the company's total assets; advance payments increased by 43.46% from the end of the previous year, accounting for 0.75 percentage points of the company's total assets; projects under construction increased by 398.23% from the end of the previous year, accounting for 0.59 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 14.34% from the end of the previous year, accounting for 1.30 percentage points from the end of the previous year; contract liabilities increased by 38.85% from the end of the previous year, accounting for 1.10 percentage points from the end of the previous year; short-term loans decreased by 11.09% from the end of the previous year, accounting for 1.09 percentage points from the end of the previous year; long-term loans decreased by 44.37% from the end of the previous year, accounting for 0.42 percentage points from the proportion 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 45.61%, a decrease of 3.04 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 9.35%, a decrease of 1.13 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 one with the largest shareholding was Shanghai Jusheng Investment Co., Ltd. , accounting for 10.20%. The list of top ten circulating shareholders remains unchanged compared with the end of the second quarter of 2022. In terms of specific shareholding ratio, Yingshui Rixin No. 4 private equity securities investment fund shares increased, while Shanghai Jusheng Investment Co., Ltd., China Coal Machinery Group Co., Ltd., China Coal Machinery Group- Caitong Securities -19 Zhong02EB Guarantee and Trust Property Special Account, Geng Weidong, Rui Guohong, Shi Huahui, Wang Fenglin, Guan Yaping and Guo Wu's shareholdings decreased.
| Shareholder name | Stock holdings (ten thousand shares) | Sales proportion of total share capital (%) | change ratio (%) | |
|---|---|---|---|---|
| Shanghai Jusheng Investment Co., Ltd. | 6634.59 | 10.199524 | -0.22 | |
| China Coal Machinery Group Co., Ltd. | 5095.64 | 7.833662 | 7.833662 | -0.17 |
| China Coal Machinery Group-Caitong Securities-19 Zhong02EB Guarantee and Trust Property Account | 4200 | 6.45677 | -0.14 | |
| Geng Weidong | 1798.81 | 2.765351 | -0.06 | |
| Rui Guohong | 1603.62 | 2.465291 | -0.05 | |
| Shi Huahui | 1402.48 | 2.156075 | -0.05 | |
| Yingshui Rixin No. 4 Private Equity Securities Investment Fund | 1221.89 | 1.878444 | 0.12 | |
| Wang Fenglin | 1161 | 1.78484 | -0.10 | |
| Guanyaping | 840 | 1.291359 | -0.75 | |
| Guo Wu | 790.93 | 1.215916 | -0.07 |
In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders of the company was 35,200, an increase of 69 from the end of the second quarter, an increase of 0.20%; the average shareholding market value dropped from 107,100 yuan at the end of the second quarter to 103,500 yuan, a decrease of 3.36%.
