东兴证券(601198) - 2022 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 18.04% year-on-year to CNY 2,803,410,242.44, and decreased by 26.71% year-to-date[4] - Net profit attributable to shareholders decreased by 39.11% year-on-year to CNY 547,100,169.71, and decreased by 53.65% year-to-date[4] - Basic earnings per share decreased by 47.85% year-on-year to CNY 0.169[4] - Total revenue for the first three quarters of 2022 was ¥2,803,410,242.44, a decrease of 26.6% compared to ¥3,824,878,302.18 in the same period of 2021[21] - Net profit for the third quarter was ¥547,066,485.13, a decrease of 53.7% compared to ¥1,180,662,408.63 in the same quarter of 2021[22] - Net profit for the third quarter of 2022 was ¥723.45 million, down 27.8% from ¥1.00 billion in the same quarter of 2021[31] Assets and Liabilities - Total assets decreased by 4.90% compared to the end of the previous year, amounting to CNY 94,113,722,321.07[6] - Total assets as of September 30, 2022, were ¥94,113,722,321.07, down from ¥98,965,019,340.87 at the end of 2021, a reduction of 4.3%[20] - Total liabilities decreased to ¥67,575,571,172.45 from ¥72,271,904,877.92, reflecting a decline of 6.5%[20] - The total liabilities as of September 30, 2022, included short-term financing payables of CNY 2,418,703,638.63, slightly down from CNY 2,487,518,431.44 at the end of 2021[26] - The company's equity attributable to shareholders was ¥26,500,158,363.49, down from ¥26,658,735,548.01, a decrease of 0.6%[20] Cash Flow - Cash flow from operating activities increased by 34.91% year-on-year to CNY 8,722,201,716.44[10] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 8,722,201,716.44, compared to CNY 6,465,404,810.36 in the same period of 2021, representing a 35% increase[24] - The net cash flow from investment activities was CNY -7,069,732,779.65, reflecting increased cash outflows for investments[10] - The net cash flow from investing activities for Q3 2022 was -CNY 7,069,732,779.65, a significant decrease from CNY 1,984,290,872.85 in Q3 2021[24] - The net cash flow from financing activities for Q3 2022 was -CNY 6,455,697,741.04, compared to -CNY 5,938,471,397.60 in Q3 2021[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 96,106[11] - The largest shareholder, China Orient Asset Management Co., Ltd., holds 1,454,600,484 shares, accounting for 45.00% of the total shares[11] - Jiangsu Railway Group Co., Ltd. holds 128,194,061 shares, representing 3.97% of the total shares[11] - The company distributed a cash dividend of RMB 0.26 per share, totaling RMB 840,435,835.20, based on a total share capital of 3,232,445,520 shares[14] Corporate Changes and Legal Matters - The company changed its business scope and reissued its business license in August 2022 to adapt to operational development needs[15] - The chairman of the board, Wei Qinghua, resigned on September 26, 2022, and Li Juan was elected as the new chairman on October 18, 2022[16] - The company is currently involved in ongoing litigation, including a loan contract dispute and a stock pledge repurchase dispute[17] Investment and Income - Net interest income increased to ¥1,068,319,620.09 from ¥738,183,239.62, reflecting a growth of 44.7% year-over-year[21] - Net commission and fee income was ¥1,631,180,808.46, slightly up from ¥1,612,307,647.30, indicating a marginal increase of 1.4%[21] - Investment income decreased significantly to ¥351,584,757.85 from ¥706,508,861.99, representing a decline of 50.2%[22] - The company reported a significant increase in cash and cash equivalents, totaling ¥15,027,299,713.26, down from ¥19,121,474,885.04, a decline of 21.5%[20] - The company’s investment banking fee income rose to ¥851.03 million, up 20.4% from ¥706.49 million in the previous year[29]