2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 2,862.4 million, a decrease of 4.12% compared to CNY 2,985.4 million in the same period last year[4]. - Net profit attributable to shareholders was CNY 382.28 million, down 31.86% from CNY 560.99 million in Q3 2021[5]. - The net cash flow from operating activities was CNY 867.96 million, a decline of 33.04% compared to CNY 1,296.14 million in the previous year[5]. - Basic earnings per share decreased by 35.73% to CNY 0.01593 from CNY 0.02479 in the same quarter last year[5]. - The company reported a decrease in the weighted average return on equity to 1.00%, down 0.50 percentage points from 1.50% in the previous year[5]. - The net profit attributable to shareholders decreased by 30.62% due to a decline in efficient cargo business volume and rising fuel prices[10]. - Basic and diluted earnings per share both fell by 34.56%, primarily impacted by the decrease in net profit[10]. - Total operating revenue for the first three quarters of 2022 was CNY 8,651,046,671.66, a decrease of 4.7% compared to CNY 9,076,160,219.14 in the same period of 2021[21]. - Net profit for the third quarter of 2022 was CNY 1,238,109,110.59, down 29.1% from CNY 1,746,537,331.91 in the same quarter of 2021[23]. - Operating profit for the third quarter of 2022 was CNY 1,590,690,803.55, a decrease of 29.3% compared to CNY 2,252,433,697.28 in the previous year[23]. - Total comprehensive income for the third quarter of 2022 was CNY 1,245,775,500.42, a decrease of 28.7% from CNY 1,747,067,726.88 in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 57.82 billion, showing a slight increase of 0.01% from CNY 57.81 billion at the end of the previous year[5]. - Total current assets increased to approximately 9.35 billion RMB, up from 8.68 billion RMB year-on-year[18]. - Non-current assets decreased to approximately 48.47 billion RMB from 49.13 billion RMB year-on-year[19]. - Total liabilities decreased to approximately 16.15 billion RMB from 16.76 billion RMB year-on-year[20]. - Shareholders' equity increased to approximately 41.67 billion RMB from 41.05 billion RMB year-on-year[20]. Cash Flow - The net cash flow from investing activities decreased by 566.17 million, primarily due to payments for the acquisition of assets from Yingkou Port Group[11]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 2,220,221,026.07, a decrease of 3.0% from CNY 2,289,103,421.07 in the previous year[26]. - The net cash flow from financing activities was $696.13 million, contrasting with a net outflow of -$4.21 billion in the previous period[27]. - The net increase in cash and cash equivalents was $194.95 million, compared to a decrease of -$1.33 billion last year[27]. - The ending balance of cash and cash equivalents stood at $4.63 billion, compared to $5.83 billion in the previous period[27]. - The company reported a significant increase in cash flow from financing activities, indicating a stronger capital position[27]. Operational Highlights - The company completed the acquisition of coal, barge, and hydropower business assets from Yingkou Port Group, valued at CNY 2.34 billion, enhancing its operational capacity[6]. - Container throughput decreased by 4.9% year-on-year to 628.7 million TEU in the first three quarters of 2022[14]. - Oil products throughput fell by 15.4% year-on-year to 3,524.3 million tons due to high international oil prices and reduced refinery operating rates[15]. - Bulk cargo throughput increased by 5.1% year-on-year to 13,562.9 million tons, driven by new port assets contributing 13.56 million tons in the first nine months[15]. - The number of passenger vehicles transported rose by 10.8% year-on-year to 58.4 thousand units, while roll-on/roll-off passenger traffic increased by 24.3% to 112.9 million passengers[14]. Future Outlook - The company has not provided specific guidance for future performance but continues to focus on operational efficiency and market expansion strategies[4]. - The company plans to enhance its market expansion strategies and invest in new technologies to improve operational efficiency[15].