2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 14.94 billion, a decrease of 25.66% year-over-year[3]. - Net profit attributable to shareholders of the parent company was CNY 5.37 billion, down 1.39% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2022 was CNY 49.82 billion, a decrease of 13.8% compared to CNY 57.81 billion in the same period of 2021[35]. - Net profit for the first three quarters of 2022 was CNY 17.20 billion, down 6.0% from CNY 18.30 billion in the same period of 2021[35]. - The total comprehensive income attributable to the parent company for Q3 2022 was CNY 17.80 billion, compared to CNY 16.62 billion in Q3 2021, reflecting an increase of about 7.1%[36]. - The company reported a net profit of CNY 13.41 billion for the first three quarters of 2022, compared to CNY 13.49 billion in 2021[41]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -41.51 billion, a significant decrease of 256.94% year-over-year[3]. - In the first three quarters of 2022, the net cash flow from operating activities was CNY 61.75 billion, a significant increase from CNY 28.68 billion in the same period of 2021, representing a growth of approximately 115.0%[37]. - The total cash and cash equivalents at the end of Q3 2022 amounted to CNY 387.07 billion, up from CNY 328.71 billion at the end of Q3 2021, marking an increase of about 17.7%[38]. - The net cash flow from investing activities for the first three quarters of 2022 was CNY 29.23 billion, a substantial rise from CNY 1.68 billion in the same period of 2021[37]. - The total assets at the end of the reporting period reached CNY 1.34 trillion, an increase of 4.43% from the end of the previous year[3]. - Total assets as of September 30, 2022, were CNY 1,335.25 billion, compared to CNY 1,278.66 billion as of December 31, 2021[34]. Shareholder Information - The number of common shareholders at the end of the reporting period was 632,252[7]. - The total equity attributable to shareholders of the parent company increased by 18.94% to CNY 248.79 billion compared to the previous year[3]. - As of September 30, 2022, the total number of shareholders reached 632,252, with 632,091 being A-share shareholders and 161 being H-share registered shareholders[8]. - The top 10 unrestricted shareholders collectively hold 5,000,000,000 shares, accounting for 18.45% of the total shares[8]. Business Operations and Strategy - The company established 2 new securities business departments and renamed 4 existing departments to branches during the first nine months of 2022[10]. - The company has expanded its market presence through the establishment of new branches and the relocation of existing ones[10]. - The company has undergone significant branch name changes, including the renaming of Zhuhai Jing Shan Road Securities Business Department to Zhuhai Branch[11]. - The company is in the process of submitting a written rectification report following administrative regulatory measures imposed by the Shenzhen Securities Regulatory Bureau[21]. - The company plans to renew its framework agreements with CITIC Group for the years 2023 to 2025, subject to shareholder approval[29]. - The company aims to become a leading domestic and internationally renowned Chinese investment bank, trusted by clients around the world[46]. Legal Matters - The company is involved in a contract dispute with Zhengyuan Real Estate, with a claim for principal, interest, and penalties totaling RMB 1 billion[16]. - The company is pursuing a claim against Xinhua Lian Holdings for RMB 787 million due to a stock pledge repurchase transaction dispute[17]. - The company has initiated enforcement proceedings against Ruifeng Group for a principal amount of RMB 329.99 million related to a stock pledge business[18]. - The company’s subsidiary, Jinshi Investment, is seeking RMB 376.22 million from Yunnan Tianyu and others due to breach of contract[19]. - The company’s subsidiary, Jinshi Investment, won an arbitration case and is currently in the enforcement process[20]. Investment and Contributions - The company agreed to acquire 0.1% equity of CITIC Securities South China for a transaction value of RMB 6,663,992.06[23]. - The company approved an additional capital contribution of RMB 1.1 billion to the New Materials Fund, increasing its total commitment to RMB 2.1 billion[24]. - CITIC Securities invested RMB 1.41 billion in Suzhou Xincheng Equity Investment Partnership, focusing on long-term capital gains through controlling mergers and acquisitions[25]. - The company reported a 45.38% increase in investment income year-to-date, attributed to higher returns from financial assets held[6]. - Investment income for the first three quarters of 2022 was CNY 23.15 billion, an increase from CNY 15.93 billion in the same period of 2021[35].