Financial Performance - Operating revenue for Q3 2022 was RMB 7,160,799,834, a decrease of 28.31% compared to the same period last year[3] - Net profit attributable to shareholders was RMB 2,055,129,159, down 43.26% year-on-year[3] - Basic earnings per share decreased by 45.00% to RMB 0.22[3] - For the first three quarters of 2022, total operating revenue was RMB 26.71 billion, down 16.5% from RMB 31.91 billion in the same period of 2021[19] - Net profit for the first three quarters of 2022 was RMB 8.47 billion, a decrease of 29.5% compared to RMB 11.94 billion in the first three quarters of 2021[21] - Total revenue for the first three quarters of 2022 was RMB 15,745,832,241, a decrease of 18.5% compared to RMB 19,345,907,891 in the same period of 2021[30] - Net profit for the first three quarters of 2022 was RMB 7,067,150,706, down 19.7% from RMB 8,801,517,044 in the first three quarters of 2021[31] Assets and Liabilities - Total assets at the end of the reporting period were RMB 825,320,965,165, an increase of 4.30% from the end of the previous year[4] - Total assets as of September 30, 2022, were CNY 607,877,988,549, a slight increase from CNY 604,902,402,880 at the end of 2021[27] - Total liabilities amounted to RMB 666.90 billion as of September 30, 2022, compared to RMB 640.64 billion at the end of 2021, reflecting an increase of about 4.1%[18] - Total liabilities as of September 30, 2022, amounted to RMB 470,954,909,372, a slight decrease from RMB 473,584,216,447 at the end of 2021[28] - Total equity attributable to shareholders increased by 5.13% to RMB 154,665,710,878 compared to the end of the previous year[4] - Total equity increased to RMB 136,923,079,177 as of September 30, 2022, compared to RMB 131,318,186,433 at the end of 2021, reflecting a growth of 4.3%[29] Cash Flow - The company reported a net cash flow from operating activities of RMB 28,876,163,795 for the year-to-date[3] - Net cash flow from operating activities reached CNY 28,876,163,795, a substantial improvement from a negative cash flow of CNY 553,167,142 in the previous year[8] - Net cash flow from operating activities for the first three quarters of 2022 was RMB 19,233,993,844, a significant improvement from a negative cash flow of RMB -1,304,721,055 in the same period of 2021[32] - Net cash flow from investing activities was CNY -1,308,937,084, a significant reduction from CNY -25,711,359,103 in the previous year due to the exclusion of Shanghai Securities from the consolidated statements[8] - Net cash flow from financing activities decreased by 197.21% to CNY -24,882,120,511, primarily due to a reduction in cash received from investments and bond issuance[8] Investment and Income - Net income from asset management business decreased by 34.45% to CNY 935,526,309 compared to the same period last year[8] - Investment income fell by 52.16% to CNY 3,112,946,919, primarily due to a decline in financial asset investment returns[8] - Fair value changes in income decreased by 38.46% to CNY 1,937,431,133, attributed to market volatility affecting financial assets[8] - The investment income for the first three quarters of 2022 was RMB 778,881,471, a significant decrease from RMB 3,330,361,612 in the previous year[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 172,443[9] - Shanghai State-owned Assets Management Co., Ltd. held 21.34% of shares, making it the largest shareholder[9] - The company was approved to acquire an 8% stake in Huaan Fund Management Co., Ltd., enhancing its investment portfolio[13] Operational Metrics - The weighted average return on net assets decreased by 1.26 percentage points to 1.41% for the reporting period[6] - The company experienced a 42.21% decrease in net profit after deducting non-recurring gains and losses[6] - Non-recurring gains and losses totaled RMB -23,553,672 for the reporting period[5] - The company reported a decrease in interest, fees, and commissions received, totaling CNY 24,698,275,488 in 2022, down from CNY 26,517,532,191 in 2021[24]
国泰君安(02611) - 2022 Q3 - 季度财报