TSC(SZ:000877)2022-10-28 16:00Revenue and Profit - Revenue for the third quarter was CNY 33,162,739,566.55, a decrease of 22.30% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 570,254,929.96, down 83.84% year-on-year[4] - Net profit excluding non-recurring items was CNY 13,001,716.14, a decline of 98.10% compared to the previous year[4] - Total operating revenue for Q3 2022 was CNY 98.61 billion, a decrease of 16.8% compared to CNY 118.46 billion in the same period last year[16] - Operating profit for Q3 2022 was CNY 5.85 billion, down 64.1% from CNY 16.28 billion in Q3 2021[17] - Net profit attributable to shareholders for Q3 2022 was CNY 4.05 billion, a decline of 59.0% from CNY 9.89 billion in the previous year[17] - The company reported a total comprehensive income of CNY 4.40 billion for Q3 2022, down 63.2% from CNY 11.95 billion in the same quarter last year[17] - Basic earnings per share for Q3 2022 were CNY 0.4698, a decrease of 62.5% compared to CNY 1.2529 in Q3 2021[17] Assets and Liabilities - Total assets increased by 5.25% to CNY 300,022,200,284.16 compared to the end of the previous year[4] - The company's total assets as of September 30, 2022, are approximately ¥300.02 billion, an increase from ¥285.06 billion at the beginning of the year[14] - Total liabilities increased to CNY 201.41 billion, up from CNY 193.74 billion year-over-year, reflecting a growth of 3.4%[15] - The company's total assets reached CNY 300.02 billion, compared to CNY 285.06 billion in the previous year, marking an increase of 5.2%[15] - The company's non-current assets total approximately ¥215.85 billion, up from ¥211.90 billion, indicating ongoing investment in long-term assets[14] Cash Flow - Cash flow from operating activities decreased by 39.12% to CNY 9,463,940,216.80 year-to-date[9] - The net cash flow from operating activities for the year-to-date was CNY 9,463,940,216.80, a decline of 39.12% compared to the previous year[24] - The net cash flow from financing activities was CNY 5,907,327,107.46, compared to a negative cash flow of CNY 1,326,511,193.94 in the same period last year[24] - The company reported a net cash flow from financing activities increased by 545.33% year-on-year, mainly due to funds raised from issuing shares and other investments[29] - Cash and cash equivalents amount to ¥19.73 billion, up from ¥14.29 billion at the start of the year, indicating a strong liquidity position[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 99,835, with the top ten shareholders holding a significant portion of shares[10] - China National Building Material Group Corporation holds 84.52% of shares, amounting to 7,322,283,970 shares[10] - The company issued 314,616,887 shares at a price of ¥13.50 per share, increasing total share capital from 8,348,805,927 to 8,663,422,814 shares[12] - The company has a total of 3.63% of its shares as restricted shares that were recently listed for trading[12] Expenses and Costs - Sales expenses decreased by 42.36% year-on-year, primarily due to a decline in sales volume[8] - The company’s total operating costs for Q3 2022 were CNY 94.84 billion, a decrease of 8.1% from CNY 103.25 billion in the previous year[16] - Research and development expenses for Q3 2022 were CNY 1.17 billion, an increase of 8.4% from CNY 1.08 billion in Q3 2021[16] - Tax expenses rose to CNY 1.39 billion, compared to CNY 4.31 billion in the previous year, indicating a significant reduction in tax burden[37] Investment and Income - Investment income fell by 52.89% year-on-year, mainly due to the impact of profits from joint ventures and associates[9] - The company achieved investment income of CNY 558.76 million, a decrease of 52.87% from CNY 1.19 billion year-over-year[36]