Hengtong Logistics(SH:603223)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,273,993,882.94, a decrease of 32.15% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2022 was ¥27,321,677.57, an increase of 713.33% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,960,022.00, up 310.59% from the previous year[7]. - The basic earnings per share for Q3 2022 was ¥0.06, reflecting a 700% increase compared to the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was CNY 3,665,273,613.31, a decrease of 29.1% compared to CNY 5,172,650,817.48 in the same period of 2021[31]. - Net profit for the first three quarters of 2022 was CNY 51,134,424.34, a decline of 37.3% from CNY 81,539,696.34 in the same period of 2021[34]. - Earnings per share for the first three quarters of 2022 was CNY 0.13, compared to CNY 0.18 in the same period of 2021[36]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥4,517,854,541.30, representing a 159.71% increase from the end of the previous year[9]. - Total current assets as of September 30, 2022, amount to ¥3,377,922,099.08, compared to ¥751,746,851.81 as of December 31, 2021[24]. - Total liabilities as of September 30, 2022, are ¥823,221,432.73, compared to ¥457,450,162.35 in the previous year[29]. - The company's total assets amounted to CNY 4,517,854,541.30, an increase from CNY 1,739,566,817.64 in the previous year[31]. - The company's equity attributable to shareholders of the parent company was CNY 3,625,689,635.55, up from CNY 1,208,400,302.71 in the previous year[31]. Cash Flow - The company reported a cash flow from operating activities of -¥193,605,122.59 for the year-to-date period, a decrease of 1,770.34% compared to the previous year[7]. - Operating cash flow for the first nine months was negative at -$193.61 million, compared to -$10.35 million in the same period last year[39]. - Total cash inflow from operating activities decreased to $3.48 billion, down from $5.76 billion year-over-year[39]. - Cash outflow from operating activities was $3.68 billion, compared to $5.77 billion in the previous year[39]. - Cash received from sales of goods and services was $3.40 billion, down from $5.69 billion in the previous year[39]. - Cash paid for purchasing goods and services was $3.42 billion, compared to $5.39 billion last year[39]. Market Conditions and Strategy - The company attributed the decline in operating revenue to the impact of the pandemic and high LNG market prices, leading to decreased sales[15]. - The average price of LNG in Q3 2022 was approximately ¥6,478.19 per ton, an increase of 21.5% year-on-year[16]. - The domestic LNG market is expected to experience a rising trend in Q4 2022 due to increased demand during the heating season[18]. - The company plans to enhance its market presence and adapt to the fluctuating LNG market conditions in the upcoming quarters[18]. - The company plans to focus on market expansion and new product development in the upcoming quarters[32]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,170[20]. - Nanshan Group Co., Ltd. holds 195,219,931 shares, accounting for 38.27% of total shares[20]. - Liu Zhendong holds 81,919,060 shares, representing 16.06% of total shares[20]. Inventory and Investment - The company has increased its inventory to ¥10,196,831.98 from ¥2,047,225.68 in the previous year[26]. - Investment income for the first three quarters of 2022 was CNY 17,162,761.61, an increase from CNY 9,592,412.00 in the same period of 2021[34]. - Other income for the first three quarters of 2022 was CNY 22,421,806.03, compared to CNY 19,492,944.57 in the previous year[34]. - The company reported a financial expense of CNY -1,695,109.23, an improvement from CNY -3,591,983.16 in the same period of 2021[31].