CSI Intelligent Finance *ST Zhongan (600654) 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 1.79 billion yuan, a year-on-year decrease of 6.57%; net profit attributable to shareholde

CSI Intelligent Finance *ST Zhongan (600654) 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 1.79 billion yuan, a year-on-year decrease of 6.57%; net profit attributable to shareholders was a loss of 814 million yuan, a loss of 318 million yuan in the same period last year; net profit excluding non-net profit was 293 million yuan, a loss of 199 million yuan in the same period last year; net cash flow generated by operating activities was 28.0543 million yuan, a year-on-year decrease of -117 million yuan; during the reporting period, *ST Zhongan basic earnings per share was -0.63 yuan.

During the reporting period, the company's total non-recurring gains and losses of was -521 million yuan, of which the profit and loss of disposal of illiquid assets was -13.6233 million yuan, and the government subsidy included in the current profit and loss was 8.8878 million yuan.

According to the third quarter report, the company achieved total operating income of 591 million yuan in the third quarter, and increased by 0.65% year-on-year, a decrease of 11.56% month-on-month; net profit attributable to shareholders was -297 million yuan, a decrease of 85.77% year-on-year, a decrease of 30.52% month-on-month; net profit excluding non-network was -124 million yuan, a decrease of 81.90% year-on-year, a decrease of 38.08% month-on-month.

In the first three quarters of 2022, the company's gross profit margin was 12.26%, a year-on-year decrease of 2.72 percentage points; the net profit margin was -45.47%, a decrease of 28.87 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 11.47%, a year-on-year decrease of 3.54 percentage points and a month-on-month decrease of 1.39 percentage points; the net profit margin was -50.31%, a decrease of 23.08 percentage points from the same period last year and an increase of 13.72 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 14.27%, a year-on-year decrease of 76.19 percentage points and a month-on-month decrease of 10.35 percentage points.

In the first three quarters of 2022, the company's net cash flow of in operating activities was 28.0543 million yuan, an increase of 145 million yuan year-on-year; the net cash flow of financing activities was -92.1619 million yuan, a decrease of 231 million yuan year-on-year; the net cash flow of investment activities was -11.0647 million yuan, compared with -34.0564 million yuan in the same period last year.

In the first three quarters of 2022, the company's operating income cash ratio was 125.81%, and the net cash ratio was -3.45%.

In the first three quarters of 2022, the company's period expenses were 474 million yuan, an increase of 26.6835 million yuan over the same period last year; the period expense ratio was 26.48%, an increase of 3.13 percentage points from the same period last year. Among them, sales expenses increased by 6.9% year-on-year, administrative expenses decreased by 1.86% year-on-year, R&D expenses increased by 5.95% year-on-year, and financial expenses increased by 19.49% 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 16.56% from the end of the previous year, accounting for 2.24 percentage points, accounting for 2.24 percentage points; inventory increased by 69.30% from the end of the previous year, accounting for 1.89 percentage points; cash and cash funds decreased by 13.73% from the end of the previous year, accounting for 1.21 percentage points; goodwill increased by 4.54% from the end of the previous year, accounting for 1.05 percentage points. 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 20.70% from the end of the previous year, accounting for 7.60 percentage points of the company's total assets; long-term loans decreased by 39.18% from the end of the previous year, accounting for 4.85 percentage points of the company's total assets; accounts payable increased by 10.07% from the end of the previous year, accounting for 2.54 percentage points of the company's total assets; short-term loans increased by 17.72% from the end of the previous year, accounting for 2.45 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 157.89%, an increase of 21.97 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 57.83%, an increase of 5.19 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 Xu Ruchun and Wang Sofei, replacing Xu Rong and Zhang Shengmin at the end of the second quarter. In terms of specific shareholding ratios, the shareholdings of Xu Gangsheng, Zhang Yibin, Zhou Yun and Xu Jinjing have increased, while Yang Qi's shareholdings 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 52,900, down 1,633, down 2.99% from the end of the second quarter; the average shareholding market value increased from 49,400 yuan at the end of the second quarter to 59,200 yuan, an increase of 19.84%.