CSI Intelligent Finance Tengjing Technology (688195) disclosed its third quarter report for 2022 on October 21. In the first three quarters of 2022, the company achieved total operating income of 262 million yuan, a year-on-year increase of 19.62%; net profit attributable to shar

CSI Intelligent Finance Tengjing Technology (688195) disclosed its third quarter report for 2022 on October 21. In the first three quarters of 2022, the company achieved total operating income of 262 million yuan, and increased by year-on-year; net profit attributable to shareholders was 44.844 million yuan, a year-on-year increase of 15.53%; net profit excluding non-network was 37.4676 million yuan, a year-on-year increase of 23.22%; net cash flow generated by operating activities was 46.5815 million yuan, a year-on-year increase of 3.81%; during the reporting period, Tengjing Technology's basic earnings per share was 0.35 yuan, and the weighted average return on assets was 5.26%.

According to the third quarter report, the company achieved total operating income of 94.0492 million yuan in the third quarter, an increase of 11.09% year-on-year and 4.35% month-on-month; net profit attributable to shareholders was 17.9927 million yuan, an increase of 11.33% year-on-year and 9.08% month-on-month; net profit excluding non-network was 15.5056 million yuan, an increase of 12.04% year-on-year and 8.92% month-on-month.

In the first three quarters of 2022, the company's gross profit margin was 31.85%, a year-on-year decrease of 2.53 percentage points; the net profit margin was 17.11%, a decrease of 0.61 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 33.15%, a year-on-year decrease of 4.56 percentage points and a month-on-month decrease of 0.72 percentage points; the net profit margin was 19.13%, an increase of 0.04 percentage points from the same period last year and 0.83 percentage points from the previous quarter.

In the third quarter of 2022, the company's return on equity was 2.10%, up 0.12 percentage points year-on-year and 0.15 percentage points month-on-month.

In the first three quarters of 2022, the company's net cash flow of in operating activities was 46.5815 million yuan, a year-on-year increase of 3.81%; the net cash flow of financing activities was -64.3068 million yuan, a year-on-year decrease of 375 million yuan; the net cash flow of investment activities was 40.805 million yuan, a year-on-year increase of -360 million yuan.

In the first three quarters of 2022, the company's operating income cash ratio was 93.11%, and the net cash ratio was 103.87%.

In the first three quarters of 2022, the company's period expenses were 39.4066 million yuan, a decrease of 1.7593 million yuan from the same period last year; the period expense ratio was 15.04%, a decrease of 3.75 percentage points from the same period last year. Among them, sales expenses increased by 4.65% year-on-year, administrative expenses decreased by 0.69% year-on-year, R&D expenses increased by 9.13% year-on-year, and financial expenses changed from 587,600 yuan in the same period last year to -3.0682 million yuan.

In terms of major changes in assets, as of the end of the third quarter of 2022, the company's cash and funds increased by 201.83% from the end of the previous year, accounting for 2.50 percentage points from the end of the previous year; inventory increased by 31.79% from the end of the previous year, accounting for 1.65 percentage points from the end of the previous year; accounts receivable increased by 13.34% from the end of the previous year, accounting for 1.45 percentage points from the end of the previous year; fixed assets increased by 4.17% from the end of the previous year, accounting for 1.13 percentage points from the increase 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, decreased by 80.34% from the end of the previous year, accounting for 1.45 percentage points of the company's total assets; short-term loans increased by 929.16% from the end of the previous year, accounting for 0.41 percentage points of the company's total assets; accounts payable increased by 6.80% from the end of the previous year, accounting for 0.25 percentage points of the company's total assets; other current liabilities of decreased by 17.97% from the end of the previous year, accounting for 0.24 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 14.97%, a decrease of 2.12 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 0.81%, a decrease of 3.90 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 shareholder was Lin Jinlin, replacing Yang Yongzheng at the end of the second quarter. In terms of specific shareholding ratios, the shareholdings of Jin Tianbing, Ningbo Meishan Bonded Port Area Hongshi Manning Investment Partnership (Limited Partnership), Fujian Huaxing Venture Capital Co., Ltd. , and Zhang Qing have declined.

In terms of chip concentration, as of the end of the third quarter of 2022, the total number of shareholders of the company was 5,431, down 433, a decrease of 7.38% from the end of the second quarter; the average shareholding market value dropped from 611,500 yuan at the end of the second quarter to 579,700 yuan, a decrease of 5.20%.