CBEST(SH:600729)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately CNY 4.60 billion, a year-on-year increase of 0.64% compared to CNY 4.57 billion in the same period last year[7]. - Net profit attributable to shareholders was approximately CNY 252.25 million, representing a year-on-year increase of 7.87% from CNY 218.68 million[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 196.20 million, a decrease of 9.46% compared to CNY 210.99 million in the previous year[7]. - The basic earnings per share for the period was CNY 0.63, an increase of 6.78% from CNY 0.55 in the same period last year[7]. - Total operating revenue for the first three quarters of 2022 was CNY 14,497,855,869.43, a decrease of 11.3% compared to CNY 16,356,283,686.39 in the same period of 2021[30]. - Total operating costs for the first three quarters of 2022 were CNY 13,923,742,823.30, down from CNY 15,609,740,025.51, reflecting a reduction of 10.8%[30]. - Operating profit for the first three quarters of 2022 was CNY 941,926,924.14, slightly decreased from CNY 977,271,701.25 in the previous year[30]. - The total profit for the period was approximately ¥964.88 million, a decrease from ¥1,003.97 million in the previous period, representing a decline of about 3.5%[32]. - The net profit attributable to shareholders of the parent company was approximately ¥839.96 million, down from ¥869.23 million, reflecting a decrease of around 3.4%[32]. - The basic and diluted earnings per share were both ¥2.12, compared to ¥2.18 in the previous period, indicating a decline of about 2.8%[32]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 17.30 billion, a decrease of 2.26% from CNY 17.70 billion at the end of the previous year[10]. - Total assets decreased to CNY 17,297,860,989.27 from CNY 17,697,722,662.58, a decline of 2.3%[27]. - Total liabilities increased to CNY 12,059,604,461.23 from CNY 11,781,807,348.90, an increase of 2.4%[27]. - Current liabilities totaled CNY 8,528,017,269.59, up from CNY 8,058,464,038.31, reflecting a rise of 5.8%[27]. - Non-current liabilities decreased to CNY 3,531,587,191.64 from CNY 3,723,343,310.59, a decrease of 5.1%[27]. - The total equity attributable to shareholders decreased to CNY 5,135,038,257.59 from CNY 5,796,552,818.81, a decrease of 11.4%[27]. - Shareholders' equity attributable to the parent company was approximately CNY 5.14 billion, down 11.41% from CNY 5.80 billion at the end of the previous year[10]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately CNY 1.16 billion, a decrease of 14.93% compared to CNY 1.37 billion in the same period last year[7]. - Cash inflow from operating activities totaled approximately ¥23.06 billion, down from ¥26.15 billion, a decrease of about 11.9%[35]. - Cash outflow from operating activities was approximately ¥21.89 billion, compared to ¥24.78 billion in the previous period, showing a decrease of around 11.6%[35]. - The net cash flow from operating activities was approximately ¥1.16 billion, down from ¥1.37 billion, reflecting a decline of about 15%[35]. - Cash inflow from investment activities was approximately ¥1.35 billion, significantly lower than ¥3.16 billion in the previous period, a decrease of about 57.3%[35]. - Cash outflow from investment activities totaled approximately ¥948.51 million, down from ¥1.01 billion, indicating a decrease of around 6.5%[37]. - The net cash flow from financing activities was negative at approximately -¥1.17 billion, compared to -¥3.21 billion in the previous period, showing an improvement[37]. - The ending balance of cash and cash equivalents was approximately ¥2.54 billion, slightly down from ¥2.63 billion in the previous period[37]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 15,838[18]. - The largest shareholder, Chongqing Commercial Group Co., Ltd., holds 208,997,007 shares, accounting for 51.41% of total shares[18]. - The company repurchased 5,730,094 shares, representing 2.55% of the total share capital[20]. - The company plans to continue its stock incentive plan, which involves granting 10,360,094 restricted shares[20]. - The company has not identified any related party relationships or concerted actions among the top shareholders[20]. Research and Development - Research and development expenses increased significantly to CNY 27,951,575.66 from CNY 3,369,597.27, marking a rise of 730.5%[30]. Strategic Outlook - The company has not disclosed any significant new strategies or market expansions during the reporting period[21].