尚纬股份(603333) - 2022 Q3 - 季度财报

Major Financial Data and Performance The company faced significant performance pressure in Q3 2022, with revenue declining 40.23% and net profit attributable to shareholders turning into a 12.57 million yuan loss, though year-to-date net profit grew 17.11% due to non-recurring gains Major Financial Indicators for Q3 2022 and Year-to-Date | Item | Current Period (Q3) | YoY Change (%) | Year-to-Date (Jan-Sep) | Year-to-Date YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 457.15 million yuan | -40.23% | 1.508 billion yuan | -14.82% | | Net Profit Attributable to Shareholders of Listed Company | -12.57 million yuan | -718.05% | 18.95 million yuan | 17.11% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | -13.79 million yuan | -346.53% | 12.53 million yuan | -9.38% | | Net Cash Flow from Operating Activities | Not applicable | Not applicable | 24.91 million yuan | Not applicable | | Basic Earnings Per Share (yuan/share) | -0.020 | -605% | 0.03 | 0.00% | | Total Assets (Period-end) | 3.346 billion yuan | -11.62% (vs. prior year-end) | 3.346 billion yuan | -11.62% (vs. prior year-end) | | Owners' Equity Attributable to Shareholders of Listed Company (Period-end) | 2.109 billion yuan | 1.44% (vs. prior year-end) | 2.109 billion yuan | 1.44% (vs. prior year-end) | - The significant decline in third-quarter performance was primarily due to the ongoing impact of the pandemic and extreme weather conditions like high-temperature power rationing in Sichuan, leading to a year-on-year decrease in operating revenue[9] - The combined effect of declining operating revenue and gross margin resulted in a substantial year-on-year reduction in net profit[9] Non-Recurring Gains and Losses Items | Item | Year-to-Date Amount (yuan) | | :--- | :--- | | Government Subsidies Included in Current Profit and Loss | 6.45 million yuan | | Reversal of Impairment Provisions for Accounts Receivable and Contract Assets Subject to Separate Impairment Testing | 1.55 million yuan | | Other Non-Operating Income and Expenses | -1.08 million yuan | | Total | 6.42 million yuan | Shareholder Information As of the reporting period, the company had 31,725 common shareholders, with the top three holding 48.51% combined, and Li Guangsheng acting as the actual controller via a voting rights entrustment from his brother Li Guangyuan - As of the end of the reporting period, the company had 31,725 common shareholders[11] Top Three Shareholders' Holdings | Shareholder Name | Shareholder Type | Number of Shares Held | Shareholding Percentage (%) | | :--- | :--- | :--- | :--- | | Li Guangyuan | Domestic Natural Person | 145,550,500 | 23.42% | | Li Guangsheng | Domestic Natural Person | 87,721,594 | 14.11% | | Leshan High-tech Investment Development (Group) Co., Ltd. | State-owned Legal Entity | 68,227,906 | 10.98% | - The company's controlling shareholder and actual controller, Mr. Li Guangsheng, and Mr. Li Guangyuan are brothers, with Li Guangyuan irrevocably entrusting the voting rights of his 23.42% stake in the company to Li Guangsheng[12] Quarterly Financial Statement Analysis As of September 30, 2022, total assets were 3.346 billion yuan, down 11.62% from year-end, and total liabilities decreased by 27.46%, while Q1-Q3 2022 operating cash flow significantly improved to a net inflow of 24.91 million yuan Consolidated Balance Sheet At the end of the reporting period, total assets were 3.346 billion yuan, down 11.62% from year-end, total liabilities significantly decreased by 27.46% to 1.238 billion yuan due to reduced short-term borrowings and other current liabilities, and owners' equity attributable to shareholders slightly increased by 1.44% to 2.109 billion yuan Key Items from Consolidated Balance Sheet | Item | September 30, 2022 (yuan) | December 31, 2021 (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3.346 billion yuan | 3.786 billion yuan | -11.62% | | Total Current Assets | 2.593 billion yuan | 3.036 billion yuan | -14.57% | | Total Liabilities | 1.238 billion yuan | 1.707 billion yuan | -27.46% | | Total Current Liabilities | 1.138 billion yuan | 1.651 billion yuan | -31.08% | | Total Owners' Equity | 2.108 billion yuan | 2.079 billion yuan | 1.40% | | Total Owners' Equity Attributable to Parent Company Shareholders | 2.109 billion yuan | 2.079 billion yuan | 1.44% | Consolidated Income Statement In Q1-Q3 2022, total operating revenue was 1.508 billion yuan, a 14.82% year-on-year decrease, yet net profit attributable to parent company shareholders grew 17.11% to 18.95 million yuan, driven by a significant reduction in financial expenses and credit impairment losses Key Items from Consolidated Income Statement (Q1-Q3 2022) | Item | Jan-Sep 2022 (yuan) | Jan-Sep 2021 (yuan) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1.508 billion yuan | 1.770 billion yuan | -14.82% | | Total Operating Costs | 1.475 billion yuan | 1.728 billion yuan | -14.61% | | Operating Profit | 22.34 million yuan | 22.69 million yuan | -1.50% | | Total Profit | 21.27 million yuan | 18.27 million yuan | 16.40% | | Net Profit | 18.13 million yuan | 15.17 million yuan | 19.56% | | Net Profit Attributable to Parent Company Shareholders | 18.95 million yuan | 16.18 million yuan | 17.11% | Consolidated Cash Flow Statement In Q1-Q3 2022, net cash flow from operating activities significantly improved to a positive 24.91 million yuan from a prior-year net outflow of 343 million yuan, while investing activities resulted in a 59.44 million yuan net outflow, and financing activities a 114 million yuan net outflow, with cash and cash equivalents totaling 602 million yuan at period-end Key Items from Consolidated Cash Flow Statement (Q1-Q3 2022) | Item | Jan-Sep 2022 (yuan) | Jan-Sep 2021 (yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 24.91 million yuan | -343.24 million yuan | | Net Cash Flow from Investing Activities | -59.44 million yuan | 36.17 million yuan | | Net Cash Flow from Financing Activities | -114.03 million yuan | 51.97 million yuan | | Net Increase in Cash and Cash Equivalents | -148.19 million yuan | -255.18 million yuan | | Cash and Cash Equivalents at Period-end | 601.76 million yuan | 158.65 million yuan |