C&D INC.(SH:600153)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥198.79 billion, an increase of 10.24% year-on-year, while the year-to-date revenue was ¥564.58 billion, up 19.83% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥864.46 million, a 4.65% increase year-on-year, and the year-to-date net profit was ¥3.58 billion, reflecting a 5.67% growth[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥441.75 million, a significant increase of 106.62% year-on-year, while the year-to-date figure was ¥2.52 billion, down 6.92%[4]. - Total operating revenue for the first three quarters of 2022 reached CNY 564.58 billion, an increase from CNY 471.14 billion in the same period of 2021, representing a growth of approximately 19.8%[23]. - Net profit for the first three quarters of 2022 was CNY 5.27 billion, compared to CNY 4.01 billion in the same period of 2021, reflecting an increase of about 31.5%[23]. - The net profit attributable to shareholders of the parent company for the first three quarters of 2022 is CNY 3,575,643,575.69, an increase from CNY 3,383,891,475.27 in 2021, representing a growth of approximately 5.67%[24]. - The total comprehensive income for the first three quarters of 2022 is CNY 5,650,663,965.26, compared to CNY 3,949,507,754.10 in 2021, indicating a significant increase of approximately 43.06%[24]. Segment Performance - The supply chain operation segment reported a revenue of ¥527.69 billion for the first nine months of 2022, a year-on-year increase of 19.34%, with a net profit of ¥2.91 billion, up 22.10%[10]. - The real estate segment achieved a total contract sales amount of ¥1,189.18 billion for the first nine months of 2022, a decrease of 29.17% year-on-year, with a net profit of ¥66.16 million, down 33.66%[11]. Assets and Liabilities - Total assets as of September 30, 2022, were ¥775.41 billion, an increase of 28.71% compared to the end of the previous year[9]. - The company's total liabilities were ¥61.19 billion, reflecting a year-on-year increase of 31.45%[9]. - The total assets as of September 30, 2022, amounted to approximately RMB 714.45 billion, compared to RMB 550.68 billion as of December 31, 2021, indicating a significant growth in total assets[20]. - Total liabilities as of September 30, 2022, were CNY 611.94 billion, compared to CNY 465.54 billion at the end of 2021, reflecting an increase of approximately 31.4%[22]. Cash Flow - The company reported a net cash flow from operating activities of -¥21.76 billion for the year-to-date period, indicating a significant cash outflow[5]. - The net cash flow from operating activities for the first three quarters of 2022 is -CNY 21,760,907,246.59, an improvement from -CNY 57,697,094,395.80 in the same period of 2021[25]. - The net cash flow from investing activities for the first three quarters of 2022 is -CNY 14,112,547,159.10, compared to -CNY 17,304,011,788.97 in 2021, showing an improvement[25]. - The net cash flow from financing activities for the first three quarters of 2022 is CNY 30,360,900,554.88, down from CNY 87,139,730,918.70 in 2021, indicating a decrease of approximately 65.16%[26]. Investments and Acquisitions - The company reported a gain of approximately RMB 208.56 million from acquiring control of Jianfa Xingsheng Pulp and Paper Co., Ltd., as the acquisition cost was lower than the fair value of identifiable net assets[13]. - The fair value changes of investment properties resulted in a loss of approximately RMB 29.95 million for the year-to-date period[13]. - The company utilized derivative financial instruments effectively to hedge against commodity price fluctuations, ensuring stable business development[13]. Shareholder Information - The top ten shareholders held a combined 53.85% of the total shares, with Xiamen Jianfa Group Co., Ltd. being the largest shareholder, holding 45.13%[16]. Future Plans - The company plans to enhance its supply chain services and shift towards the industrial chain to build a differentiated competitive advantage[10]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]. Research and Development - The company reported a research and development expense of CNY 103.85 million for the first three quarters of 2022, a substantial increase from CNY 16.79 million in the same period of 2021, representing a growth of about 518%[23].