CSI Intelligent Finance Liaogang Co., Ltd. (601880) disclosed its third quarter report for 2022 on October 28. In the first three quarters of 2022, the company achieved total operating income of 8.651 billion yuan, a year-on-year decrease of 4.68%; net profit attributable to shar

CSI Intelligent Finance Liaogang Co., Ltd. (601880) disclosed its third quarter report for 2022 on October 28. In the first three quarters of 2022, the company achieved total operating income of 8.651 billion yuan, a year-on-year decrease of 4.68%; net profit attributable to shareholders was 1.124 billion yuan, a year-on-year decrease of 30.62%; net profit excluding non-net profit was 1.078 billion yuan, a year-on-year decrease of 11.11%; net cash flow generated by operating activities was 2.22 billion yuan, a year-on-year decrease of 3.01%; during the reporting period, Liaogang Co., Ltd.'s basic earnings per share was 0.05 yuan, and the weighted average return on assets was 2.92%.

announcement shows that the changes in net profit attributable to shareholders are mainly due to the decline in the business volume of high-efficiency goods such as oil products, containers, and groceries. The fuel price continues to rise with the market conditions, and the cost of epidemic prevention and control increases.

According to the third quarter report, the company achieved total operating income of 2.862 billion yuan in the third quarter, a year-on-year decrease of 4.12% and a month-on-month decrease of 1.42%; net profit attributable to shareholders was 382 million yuan, a year-on-year decrease of 31.86% and a month-on-month increase of 46.94%; net profit excluding non-network was 380 million yuan, a year-on-year decrease of 24.99% and a month-on-month increase of 54.05%.

In the first three quarters of 2022, the company's gross profit margin was 26.49%, a year-on-year decrease of 6.20 percentage points; the net profit margin was 14.31%, a decrease of 4.93 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 26.08%, a year-on-year decrease of 5.24 percentage points and a month-on-month increase of 2.12 percentage points; the net profit margin was 14.90%, a decrease of 5.27 percentage points from the same period last year and a 4.53 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 1.00%, a year-on-year decrease of 0.57 percentage points and a month-on-month increase of 0.32 percentage points.

In the first three quarters of 2022, the company's operating activities cash flow was 2.22 billion yuan, a year-on-year decrease of 3.01%; the net cash flow of financing activities was 696 million yuan, a year-on-year increase of 4.91 billion yuan, mainly due to the joint impact of the new issuance of corporate bonds this year and the repayment of corporate bonds in the same period last year; the net cash flow of investment activities was -2.729 billion yuan, compared with 585 million yuan in the same period last year, mainly due to the impact of the payment of the final payment of the acquisition of Yingkou Port Group assets.

In the first three quarters of 2022, the company's operating income cash ratio was 96.36%, and the net cash ratio was 197.49%.

In the first three quarters of 2022, the company's period expenses were 865 million yuan, a decrease of 108 million yuan from the same period last year; the period expense ratio was 10.00%, a decrease of 0.72 percentage points from the same period last year. Among them, administrative expenses fell by 4.23% year-on-year, R&D expenses fell by 12.49% year-on-year, and financial expenses fell by 19.84% year-on-year.

In terms of major changes in assets, as of the end of the third quarter of 2022, the company's fixed assets decreased by 3.66% from the end of the previous year, accounting for 2.01 percentage points; accounts receivable increased by 27.54% from the end of the previous year, accounting for 1.18 percentage points of the company's total assets; intangible assets decreased by 2.33% from the end of the previous year, accounting for 0.23 percentage points of the company's total assets; advance payments increased by 60.08% from the end of the previous year, accounting for 0.06 percentage points of the company's total assets. In terms of major changes in the liabilities of

, as of the end of the third quarter of 2022, the company's non-current liabilities due within one year, increased by 233.01% from the end of the previous year, accounting for 5.31 percentage points of the company's total assets; contract liabilities decreased by 55.39% from the end of the previous year, accounting for 0.38 percentage points of the company's total assets; long-term loans decreased by 16.51% from the end of the previous year, accounting for 0.30 percentage points of the company's total assets; accounts payable increased by 14.24% from the end of the previous year, accounting for 0.07 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 27.93%, a decrease of 1.06 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 13.38%, an increase of 5.04 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 Yingkou Port Group Co., Ltd. , accounting for 28.83%. 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, the holdings of Hong Kong Central Clearing Co., Ltd. (H shares) and Hong Kong Central Clearing Co., Ltd. (A shares ) have increased.