SINOLINK SECURITIES(SH:600109)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,572,206,424.90, a decrease of 14.45% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥279,708,352.68, down 46.51% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥251,254,412.31, a decline of 51.59% compared to the previous year[5]. - The basic earnings per share for Q3 2022 was ¥0.074, representing a decrease of 57.23% year-on-year[5]. - Total operating revenue for the first three quarters of 2022 was approximately ¥4.07 billion, a decrease of 17.2% compared to ¥4.92 billion in the same period of 2021[27]. - Net profit for the first three quarters of 2022 was approximately ¥828.35 million, a decline of 46.5% compared to ¥1.55 billion in the same period of 2021[28]. - Basic earnings per share for the first three quarters of 2022 was ¥0.241, down from ¥0.509 in the previous year[29]. Assets and Liabilities - The total assets at the end of the reporting period were ¥91,386,462,254.20, an increase of 3.48% from the end of the previous year[5]. - The total liabilities decreased to RMB 60.52 billion from RMB 63.81 billion at the end of 2021, representing a reduction of approximately 5.34%[24]. - The equity attributable to shareholders increased by 26.01% to ¥30,771,734,408.14 compared to the end of the previous year[5]. - The equity attributable to shareholders increased to RMB 30.77 billion, up from RMB 24.42 billion at the end of 2021, marking a significant growth of around 25.88%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥4,318,651,808.73, an increase of 258.40%[5]. - Net cash flow from operating activities was approximately ¥4.32 billion, significantly up from ¥1.20 billion in the same period of 2021[30]. - The net cash flow from investment activities was -3,879,930,811.49 CNY, a significant decrease compared to -46,604,738.98 CNY in the previous period[31]. - The net cash flow from financing activities was 1,237,966,593.95 CNY, compared to 5,656,710,180.27 CNY previously, indicating a decline[31]. - Cash and cash equivalents at the end of the period totaled 24,553,586,758.99 CNY, slightly down from 25,933,829,074.73 CNY[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 154,428[11]. - The largest shareholder, Changsha Yongjin (Group) Co., Ltd., holds 547,075,232 shares, accounting for 14.69% of total shares[11]. Debt and Financing - The company completed the repayment of its short-term corporate bonds "21 Guojin S3" with a total principal of RMB 1.5 billion and interest of RMB 43,023,000[14]. - In July 2022, the company issued a short-term financing bond with a scale of RMB 1 billion at a coupon rate of 2.45%[14]. - The company also issued another short-term financing bond in August 2022, with a scale of RMB 1 billion at a coupon rate of 1.90%[14]. - The company repaid a total of RMB 1,023,835,616.44 for the 10th phase of short-term financing bonds in August 2022[15]. - The company repaid a total of RMB 1,020,643,835.62 for the 13th phase of short-term financing bonds in September 2022[15]. - The company reported cash inflow from bond issuance of 11,966,535,346.00 CNY, compared to 22,355,190,000.00 CNY in the previous period[31]. - The cash outflow for debt repayment was 15,796,065,904.46 CNY, reflecting a decrease from 16,951,391,262.32 CNY[31]. Investment and Business Operations - The company reported a significant decline in self-operated investment business performance due to market conditions[10]. - The company experienced a decrease in cash inflow due to a reduction in financial assets held for trading and lent funds[10]. - The company has been approved to establish an asset management subsidiary[16]. - Guojin Securities established a new asset management subsidiary with a registered capital of RMB 300 million, approved by the China Securities Regulatory Commission in July 2022[17]. - The company received approval for its market-making business for listed securities in September 2022, expanding its operational capabilities[17]. - As of June 30, 2022, the company utilized RMB 5.76 billion of its raised funds, with significant allocations to capital intermediary business and securities investment[19]. - The company reported a cash balance of RMB 0 in its special account for raised funds as of June 30, 2022, indicating full utilization of the funds[19]. Other Financial Metrics - The weighted average return on equity decreased by 3.73 percentage points to 0.90%[5]. - The company's cash and cash equivalents reached RMB 20.87 billion, compared to RMB 19.03 billion at the end of 2021, indicating a year-over-year increase of about 9.66%[22]. - The derivative financial assets increased to RMB 26.43 million from RMB 9.97 million, showing a substantial growth in this area[22]. - Total operating expenses increased to approximately ¥3.03 billion, up 4.8% from ¥2.89 billion year-over-year[28]. - Net interest income increased to approximately ¥1.03 billion, up 17% from ¥883.57 million year-over-year[27]. - Net commission and fee income rose to approximately ¥2.94 billion, an increase of 7.9% from ¥2.73 billion in the previous year[27]. - Investment income decreased to approximately ¥864.08 million, down 18.2% from ¥1.06 billion in the same period last year[27].