XHCG(SH:600785)2022-10-20 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,434,467,460.20, representing a year-on-year increase of 4.32%[5] - Net profit attributable to shareholders was CNY 70,690,011.76, showing a significant increase of 656.41% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20,797,211.54, up by 203.38% year-on-year[5] - Basic earnings per share for the period were CNY 0.31, reflecting a substantial increase of 616.67% compared to the previous year[6] - Total revenue for the first three quarters of 2022 reached CNY 4,571,799,905.31, an increase of 3.57% compared to CNY 4,414,143,001.74 in the same period of 2021[20] - Net profit for the third quarter was CNY 112,932,386.97, significantly higher than CNY 4,561,627.57 in the previous year, marking a substantial increase[22] - Earnings per share for the third quarter were CNY 0.54, compared to CNY 0.11 in the same quarter last year, indicating a strong improvement in profitability[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,131,002,097.54, a slight decrease of 0.66% from the end of the previous year[6] - The total assets as of the end of the third quarter were CNY 8,131,002,097.54, slightly down from CNY 8,184,731,682.03 at the end of the previous quarter[18] - Total liabilities decreased to CNY 6,245,486,103.23 from CNY 6,412,248,074.69, showing a reduction in financial obligations[18] - The company's equity attributable to shareholders increased to CNY 2,072,900,250.48 from CNY 1,951,974,933.34, reflecting a growth of approximately 6.16%[18] Cash Flow - The company reported cash flow from operating activities of CNY 655,712,173.65 for the year-to-date, with a year-on-year increase of 6.12%[6] - The company's cash flow from operating activities showed positive trends, contributing to the overall financial health and stability[21] - In the first three quarters of 2022, the cash received from sales of goods and services was approximately ¥5.84 billion, a slight increase from ¥5.77 billion in the same period of 2021, representing a growth of about 1.2%[23] - The net cash flow from operating activities for the first three quarters of 2022 was approximately ¥655.71 million, compared to ¥617.92 million in 2021, indicating an increase of about 6.1%[24] - The cash inflow from investment activities decreased significantly to approximately ¥190.07 million in 2022 from ¥852.08 million in 2021, reflecting a decline of about 77.7%[24] - The net cash flow from financing activities showed a negative balance of approximately -¥333.54 million in 2022, an improvement from -¥731.96 million in 2021, indicating a reduction in cash outflow by about 54.4%[25] - The total cash and cash equivalents at the end of the third quarter of 2022 amounted to approximately ¥452.53 million, an increase from ¥311.68 million at the end of the same period in 2021, representing a growth of about 45%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,771[13] - The largest shareholder, Wumart Technology Group Co., Ltd., holds 81,570,343 shares, accounting for 36.15% of total shares[13] - Shanghai Baoyin Chuangying Investment Management Co., Ltd. holds 64,135,643 shares, representing 28.42% of total shares, with 34,165,417 shares frozen[13] - The company has a total of 8,922,900 shares held by Wumart Jintou (Tianjin) Commercial Management Co., Ltd.[14] Management and Strategy - The company attributed the significant increase in net profit to enhanced management, cost reduction, and the sale of equity stakes in associated companies[10] - The company plans to continue strengthening management and improving operational efficiency to sustain growth in the future[10] Operational Status - The report indicates no significant changes in the company's operational status during the reporting period[15] Costs and Expenses - Total operating costs for the third quarter amounted to CNY 4,522,463,090.96, up from CNY 4,408,560,982.56, reflecting a year-over-year increase of 2.58%[21] - The company reported an investment income of CNY 72,539,719.78 for the third quarter, a significant increase from CNY 691,407.60 in the same period last year[21] - The company’s financial expenses decreased to CNY 150,515,024.30 from CNY 167,937,930.79, indicating improved cost management[21] - The cash outflow for purchasing goods and services was approximately ¥4.82 billion in 2022, slightly down from ¥4.87 billion in 2021, showing a decrease of about 1.4%[24] - The cash paid to employees decreased to approximately ¥394.01 million in 2022 from ¥431.87 million in 2021, reflecting a reduction of about 8.7%[24]