CSI Intelligent Finance Jiuyuan Yinhai (002777) disclosed its third quarter report for 2022 on October 26. In the first three quarters of 2022, the company achieved total operating income of 660 million yuan, and increased by 4.77% year-on-year; net profit attributable to shareholders was 125 million yuan, a year-on-year increase of 3.35%; net profit excluding non-operating items was 115 million yuan, a year-on-year increase of 3.79%; net cash flow generated by operating activities was -212 million yuan, a year-on-year increase of -44.61 million yuan; during the reporting period, Jiuyuan Yinhai 's basic earnings per share was 0.31 yuan, and the weighted average return on assets was 8.63%.
According to the third quarter report, the company achieved total operating income of 237 million yuan in the third quarter, a year-on-year increase of 4.21%, a month-on-month decrease of 13.26%; net profit attributable to shareholders was 44.0828 million yuan, a year-on-year increase of 23.19%, a month-on-month decrease of 32.43%; net profit excluding non-network was 42.5232 million yuan, a year-on-year increase of 29.69%, a month-on-month decrease of 26.85%.
In the first three quarters of 2022, the company's gross profit margin was 59.40%, a year-on-year decrease of 2.43 percentage points; the net profit margin was 18.41%, the same as the same period last year. Judging from the single-quarter indicators, the company's gross profit margin in the third quarter of 2022 was 58.68%, a year-on-year decrease of 1.73 percentage points and a month-on-month increase of 0.17 percentage points; the net profit margin was 17.25%, a 2.14 percentage points increase from the same period last year and a 7.21 percentage points decrease from the previous quarter.
In the third quarter of 2022, the company's return on equity was 3.02%, up 0.27 percentage points year-on-year and down 1.52 percentage points month-on-month.
In the first three quarters of 2022, the company's operating activities cash flow was -212 million yuan, a year-on-year decrease of 168 million yuan, mainly due to the decrease in sales collection in this period compared with the same period last year; the net cash flow in financing activities was -69.4011 million yuan, a year-on-year decrease of 14.742 million yuan, mainly due to the increase in dividends allocated in this period compared with the same period last year; the net cash flow in investment activities was -29.238 million yuan, a year-on-year decrease of -285 million yuan, mainly due to the impact of other net cash inflows related to investment activities received in this period.
In the first three quarters of 2022, the company's operating income cash ratio was 86.56%, and the net cash ratio was -169.82%.
In the first three quarters of 2022, the company's period expenses were 255 million yuan, an increase of 1.3466 million yuan from the same period last year; but the period expense ratio was 38.65%, a decrease of 1.63 percentage points from the same period last year. Among them, sales expenses decreased by 2.7% year-on-year, administrative expenses decreased by 5.42% year-on-year, R&D expenses increased by 13.78% year-on-year, and financial expenses changed from -4.2814 million yuan in the same period last year to -4.1878 million yuan. In terms of major changes in
assets, as of the end of the third quarter of 2022, the company's cash funds decreased by 44.44% from the end of the previous year, accounting for 12.27 percentage points, mainly due to the payment of cash dividends in 2021 in this period and the current sales collection decreased by 1.77 percentage points compared with the same period last year; inventory increased by 49.16% from the end of the previous year, accounting for 5.44 percentage points, mainly due to the expansion of the company's operating scale; accounts receivable increased by 14.98% from the end of the previous year, accounting for 3.19 percentage points compared with the end of the previous year; intangible assets increased by 25.84% from the end of the previous year, accounting for 1.77 percentage points, mainly due to the increase in software copyright in this period. In terms of major changes in liabilities of
, as of the end of the third quarter of 2022, the company's contract liabilities decreased by 6.83% from the end of the previous year, accounting for 0.88 percentage points of the company's total assets; accounts payable decreased by 27.27% from the end of the previous year, accounting for 1.20 percentage points of the company's total assets; non-current liabilities due within one year, decreased by 6.94% from the end of the previous year, accounting for 0.02 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 31.83%, a decrease of 4.48 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio of was 0.40%, a decrease of 0.02 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 Zhonggeng small-cap value stock securities investment fund, replacing CICC - Construction Bank - CICC at the end of the second quarter - Xinli Stock collective asset management plan . In terms of specific shareholding ratio, Zhonggeng Value Pioneer Stock Securities Investment Fund's shareholding has increased, while Wang Zu's shareholding has decreased.
| Share name | Stakeholder shares (ten thousand shares) | Substantiated proportion of total share capital (%) | change ratio (%) |
|---|---|---|---|
| Sichuan Jiuyuan Investment Holding Group Co., Ltd. | 10731.04 | 26.286684 | unchanged |
| Sichuan Science City Ruifeng Group Co., Ltd. | 4908.22 | 12.023142 | unchangedhm l14 |
| China Ping An Life Insurance Co., Ltd.-Dip-Privacy Insurance Dividend | 2297.63 | 5.628255 | unchanged |
| Zhonggeng Value Pioneer Stock Securities Investment Fund | 1648.83 | 4.038973 | 0.06 |
| Li Changming | 780 | 1.910686 | unchanged |
| Li Huixia | 613.49 | 1.502803 | unchanged |
| GF Securities Asset Management-Implementation and Commercial Bank of China-Global Changing No. 24 Jiuyuan Yinhai Directional Additional Issuance Collective Asset Management Plan | 579.09 | 1.418531 | unchanged |
| Zhonggeng Small Cap Value Stock Securities Investment Fund | 547.05 | 1.340047 | New |
| 437.85 | 1.072547 | -0.05 | |
| Foreign Trade Trust-Renqiao Zeyuan Stock Private Equity Securities Investment Fund | 372.03 | 0.911319 | remains unchanged |
In terms of chip concentration, as of the end of the third quarter of 2022, the company's total number of shareholders was 17,900, a decrease of 5,434 from the end of the second quarter, a decrease of 23.27%; the average shareholding market value rose from 251,400 yuan at the end of the second quarter to 280,400 yuan, an increase of 11.54%.
