XIIC(SZ:000159)2022-10-24 16:00Financial Performance - Revenue for Q3 2022 was CNY 275,637,769.84, an increase of 6.20% compared to the same period last year[5] - Net profit attributable to shareholders was a loss of CNY 2,880,108.99, a decrease of 140.43% year-on-year[5] - Basic and diluted earnings per share were both CNY -0.0060, a decrease of 140.54% year-on-year[5] - Net profit for Q3 2022 reached CNY 308,251,600.81, significantly up from CNY 54,816,502.75 in Q3 2021, marking an increase of approximately 460.5%[24] - Total comprehensive income for the third quarter was CNY 331,347,316.46, compared to CNY 57,395,032.54 in the same period last year[25] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 368,340,176.24, a decrease of 467.32% compared to the previous year[5] - Cash flow from operating activities showed a negative net amount of CNY -368,340,176.24, a decline of 467.32% compared to the previous year[10] - Cash inflow from investment activities was CNY 1,010,048,968.46, up from CNY 686,240,105.58 year-on-year[27] - Net cash flow from investment activities improved to CNY 796,606,171.42 from CNY -102,132,453.92 in the previous year[27] - Cash flow from financing activities resulted in a net outflow of CNY -386,868,085.46, compared to a net inflow of CNY 165,432,647.21 last year[27] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 3,175,530,243.14, a decrease of 13.92% from the end of the previous year[5] - Total liabilities for Q3 2022 were CNY 584,740,468.06, compared to CNY 1,425,196,918.96 in the same period last year, indicating a decrease of about 59.0%[21] - Shareholders' equity attributable to the parent company was CNY 2,538,744,836.88, an increase of 14.27% compared to the end of last year[5] Expenses - Cash flow from operating activities showed a net outflow of CNY -368,340,176.24, worsening from CNY -64,926,863.63 in the previous year[27] - Research and development expenses increased by 383.09% to CNY 28,705,715.62, attributed to the expanded scope of consolidation including large tower companies[10] - Sales expenses rose by 54.86% to CNY 10,226,048.04, reflecting increased costs from the consolidation of large tower companies[10] - The company reported a significant increase in income tax expenses, which rose by 871.96% to CNY 117,149,770.76 due to higher profits from equity transfers[10] Accounts Receivable and Payable - Accounts receivable increased by 72.23% to CNY 518,889,591.89, primarily due to an increase in sales[9] - The company reported a significant increase in tax payable, which rose by 812.67% to CNY 118,189,270.63[9] Investments and Subsidiaries - Investment income surged to CNY 428,079,015.34, up 349.78% from CNY 95,174,565.26 year-on-year, primarily due to the transfer of Wanji Fund equity[10] - The company completed the transfer of a 40% stake in Wan Jia Fund Management Co., Ltd. for ¥950,000,000, with the transition period equity change amounting to ¥115,158,200[15] - The company established new subsidiaries in Beijing, Shanghai, and Jiangsu with a total registered capital of ¥8,000,000 to expand its market share in energy and steel businesses[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,268, with no preferred shareholders[13] - The largest shareholder, Jiangsu Rongneng Investment Development Co., Ltd., holds 22.82% of the shares, amounting to 109,708,888 shares[13] Other Information - The company did not undergo an audit for the third quarter report[28] - The company attempted to transfer 100% equity of its wholly-owned subsidiaries in the real estate sector but terminated the transfer due to the buyer's inability to accept the payment terms[16] - The company is actively seeking new buyers for its real estate assets following the termination of the previous transfer agreement[16]