DEPPON(SH:603056)2022-10-27 16:00Financial Performance - In Q3 2022, the company achieved operating revenue of RMB 8.02 billion, a year-on-year increase of 4.51%[7] - The net profit attributable to shareholders was RMB 256.35 million, reflecting a significant increase of 1,996.87% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 170.27 million, up 294.79% year-on-year[7] - The express business generated revenue of RMB 5.30 billion, a year-on-year increase of 11.78%[12] - The freight business revenue was RMB 2.44 billion, a year-on-year decrease of 8.54%[12] - The company's gross profit margin increased to 14.55%, up 4.31 percentage points from the previous period[21] - The basic earnings per share for the current period was RMB 2.40, attributed to the increase in net profit attributable to shareholders[23] - The total operating revenue for the first three quarters of 2022 reached ¥22,816,672,634.80, an increase from ¥22,558,581,235.19 in the same period of 2021, representing a growth of approximately 1.14%[44] - Net profit for the third quarter of 2022 was ¥351,026,906.48, a significant increase compared to ¥27,910,915.75 in the same quarter of 2021[46] - The total comprehensive income attributable to the parent company for the first three quarters of 2022 was CNY 923,155,125.81, compared to CNY 35,528,977.04 in the same period of 2021, reflecting a significant increase[49] Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 145.02 billion, a decrease of 7.46% compared to the end of 2021[10] - The company's equity attributable to shareholders was RMB 62.43 billion, an increase of 0.74% compared to the end of 2021[10] - The total liabilities decreased to RMB 8,793,785,961.92 from RMB 9,416,315,782.77, showing a reduction of approximately 6.63%[38] - The company's total current assets increased to RMB 5,793,785,961.92 from RMB 5,416,315,782.77, reflecting a growth of about 6.95% year-over-year[38] - The total assets decreased to ¥14,502,101,002.64 from ¥15,671,187,730.83, reflecting a decrease of approximately 7.45%[44] - The company's long-term borrowings increased to ¥37,554,683.14 from ¥700,000.00, indicating a substantial rise in financing activities[44] Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 2.78 billion, an increase of 41.58% year-on-year[7] - The net cash flow from operating activities for the year-to-date period was RMB 41.58 million, driven by cost reduction and efficiency improvement strategies[26] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 2,780,891,266.70, up from CNY 1,964,158,291.34 in the previous year, indicating a growth of approximately 41.5%[50] - The total cash inflow from investment activities in the first three quarters of 2022 was CNY 10,569,360,035.04, compared to CNY 7,049,597,992.02 in 2021, representing a year-over-year increase of about 50.5%[50] - The net cash flow from financing activities for the first three quarters of 2022 was -CNY 1,642,669,746.69, compared to -CNY 81,555,205.91 in the same period of 2021, indicating a decline in financing activities[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,408, with the largest shareholder holding 66.50% of the shares[27] - The company completed a public tender offer for 277,109,539 shares, representing 26.98% of the total share capital, which was conducted from August 2 to August 31, 2022[31] - As of September 6, 2022, a total of 55,776,083 shares were accepted in the tender offer, with 480 accounts participating[31] - The largest shareholder, Suqian JD Zhuofeng Enterprise Management Co., Ltd., now controls 738,666,544 shares, accounting for 71.93% of the total share capital[33] Operational Efficiency - The operating cost for Q3 2022 was RMB 6.85 billion, a slight decrease of 0.51% year-on-year, with a cost-to-revenue ratio of 85.45%, down 4.31 percentage points[16] - The company focused on core business areas, particularly in the large parcel transportation market, leading to a significant increase in express delivery revenue[23] - Research and development expenses for the first three quarters of 2022 were ¥28,618,108.37, down from ¥42,514,549.37 in the same period of 2021, indicating a decrease of approximately 32.7%[44] - The cash paid to employees in the first three quarters of 2022 was CNY 6,138,751,616.63, down from CNY 7,107,507,473.36 in the previous year, indicating a decrease of about 13.7%[50] - The company reported a significant decrease in cash paid to employees, totaling ¥23,813,076.36, compared to ¥52,214,260.04 in the same period of 2021[66] Other Financial Metrics - The company reported a weighted average return on equity of 4.11%, an increase of 3.91 percentage points year-on-year[9] - The company reported a net loss from non-operating income and expenses of RMB 6.99 million, indicating a need for further financial management[23] - The company reported a significant increase in financial expenses, with interest expenses rising to ¥70,317,338.56 in Q3 2022 from ¥30,212,186.32 in Q3 2021, an increase of 132.5%[60] - The company reported a significant loss in other comprehensive income, amounting to -¥295,460,093.55 in Q3 2022 compared to a gain of ¥900,704,400.00 in Q3 2021[63]