CSI Intelligent Finance Baoying Co., Ltd. (002047) disclosed its third quarter report for 2022 on October 29. In the first three quarters of 2022, the company achieved a total operating income of 2.774 billion yuan, a year-on-year decrease of 21.99%; net profit attributable to shareholders was 124 million yuan, a profit of 5.6356 million yuan in the same period last year; net profit excluding non-net profit was 124 million yuan, a loss of 24.6484 million yuan in the same period last year; net cash flow generated by operating activities was -293 million yuan, a year-on-year decrease of 527 million yuan; during the reporting period, Baoying Co., Ltd.'s basic earnings per share was -0.083 yuan, and the weighted average return on assets was -4.01%.
announcement shows that the changes in net profit attributable to shareholders are mainly due to the decline in operating income and gross profit margin in this period compared with the same period last year.
According to the third quarter report, the company achieved total operating income of 960 million yuan in the third quarter, a year-on-year decrease of 17.71% and a month-on-month decrease of 14.12%; net profit attributable to shareholders was -72.6916 million yuan, a year-on-year decrease of 32.15% and a month-on-month decrease of 11.22.97%; net profit excluding non-network was -72.5234 million yuan, a year-on-year decrease of 31.57% and a month-on-month decrease of 931.85%.
In the first three quarters of 2022, the company's gross profit margin was 11.69%, a year-on-year decrease of 2.52 percentage points; the net profit margin was -4.60%, a decrease of 4.75 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 10.09%, a year-on-year decrease of 1.05 percentage points and a month-on-month decrease of 3.30 percentage points; the net profit margin was -7.65%, a decrease of 2.96 percentage points from the same period last year and a decrease of 7.01 percentage points from the previous quarter.
In the third quarter of 2022, the company's return on equity was -2.30%, a year-on-year decrease of 0.99 percentage points and a month-on-month decrease of 2.11 percentage points.
In the first three quarters of 2022, the company's net cash flow of in operating activities was -293 million yuan, a decrease of 820 million yuan year-on-year; the net cash flow of raising activities was 272 million yuan, an increase of 674 million yuan year-on-year; the net cash flow of investment activities was -8.5573 million yuan, a decrease of -196 million yuan in the same period last year.
In the first three quarters of 2022, the company's operating income cash ratio was 96.40%.
In the first three quarters of 2022, the company's period expenses were 386 million yuan, a decrease of 65.9991 million yuan from the same period last year; but the period expense ratio was 13.93%, an increase of 1.21 percentage points from the same period last year. Among them, sales expenses increased by 2.68% year-on-year, administrative expenses decreased by 24.69% year-on-year, R&D expenses decreased by 17.97% year-on-year, and financial expenses decreased by 6.28% 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 decreased by 19.99% from the end of the previous year, accounting for 6.83 percentage points of the company's total assets; cash and cash funds decreased by 41.36% from the end of the previous year, accounting for 5.73 percentage points of the company's total assets, mainly due to acceptance bills when the payment of the bill of margin; construction projects under construction increased by 58.28% from the end of the previous year, accounting for 0.29 percentage points of the company's total assets, mainly due to the increase in investment in the headquarters building project in this period; advance payments increased by 10.31% from the end of the previous year, accounting for 0.22 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 short-term loans increased by 21.04% from the end of the previous year, accounting for 3.22 percentage points of the company's total assets; accounts payable increased by 9.29% from the end of the previous year, accounting for 1.35 percentage points of the company's total assets; contract liabilities increased by 25.84% from the end of the previous year, accounting for 0.48 percentage points of the company's total assets; long-term loans increased by 30.06% from the end of the previous year, accounting for 0.19 percentage points of the company's total assets, mainly due to the new China Merchants Bank long-term loans in this period. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the third quarter of 2022 was 70.47%, a decrease of 5.46 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 20.14%, an increase of 3.38 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 are Huaxia Industry Prosperity Mixed Securities Investment Fund, Wang Wankui, Huaxia Foresight Growth One-Year Holding Mixed Securities Investment Fund, Wang Zheng, Chen Xueping, and Shao Yiqun. In terms of specific shareholding ratios, the shareholdings of Shenzhen Baoxian Investment Co., Ltd. and Shenzhen Baoxin Investment Holding Co., Ltd. have decreased.
| Share name | Stakeholder shares (ten thousand shares) | Sales proportion (%) | Total share capital (%) | Variation ratio (%) |
|---|---|---|---|---|
| Zhuhai Aviation City Development Group Co., Ltd. | 29508.53 | 19.461538 | Unchanged | |
| Shenzhen Baoxian Investment Co., Ltd. | 10066.3 | 6.638953 | Unchanged | |
| Shenzhen Baoxian Investment Co., Ltd. | 10066.3 | 6.638953 | html l13-0.98||
| Gu Shaoming | 6133.37 | 4.045092 | unchanged | |
| Huaxia industry prosperity mixed securities investment fund | 3463.94 | 2.284546 | New | |
| Shenzhen Baoxin Investment Holding Co., Ltd. | 2653.14 | 1.749804 | - 0.91 | |
| Wang Wankui | 1759.1 | 1.160166 | New | |
| Huaxia Vision Growth One Year Holding Period Mixed Securities Investment Fund | 1070.45 | 0.705986 | New | |
| Wang Zheng | 1005 | 0.66282 | New | Chen Xueping | 923.57 | 0.609115 | New |
| Shao Yiqun | 870 | 0.573785 | 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 46,100, a decrease of 9,340 from the end of the second quarter, a decrease of 16.86%; the average shareholding market value rose from 109,200 yuan at the end of the second quarter to 138,900 yuan, an increase of 27.20%.
