华联股份(000882) - 2023 Q3 - 季度财报

Report Overview Important Notice The board, supervisory board, and senior management guarantee the quarterly report's truthfulness and completeness, with financial officers affirming financial information integrity - The company's board of directors, supervisory board, and all senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, assuming individual and joint legal responsibilities[3] - The company's person in charge, head of accounting work, and head of accounting department declare and guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[3] Audit Status This third-quarter report is unaudited - The company's third-quarter report is unaudited[4][23] Key Financial Data Key Accounting Data and Financial Indicators The company achieved significant net profit growth in Q3 2023 and YTD, with net profit attributable to shareholders increasing by 710.79% and 187.68% respectively, despite a slight decrease in operating revenue Key Accounting Data and Financial Indicators (Q3 2023 and Year-to-Date) | Indicator | Current Period Amount (RMB) | Current Period YoY Change | Year-to-Date Amount (RMB) | Year-to-Date YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 252,283,097.97 | -4.54% | 830,161,950.61 | -9.07% | | Net Profit Attributable to Shareholders of the Listed Company | 18,897,137.76 | 710.79% | 42,059,507.42 | 187.68% | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-recurring Gains and Losses | 19,208,791.12 | 328.41% | 31,891,618.06 | 151.60% | | Net Cash Flow from Operating Activities | — | — | 571,928,198.07 | 51.81% | | Basic Earnings Per Share (RMB/share) | 0.0069 | 727.27% | 0.0154 | 188.00% | | Diluted Earnings Per Share (RMB/share) | 0.0069 | 727.27% | 0.0154 | 188.00% | | Weighted Average Return on Net Assets | 0.27% | 0.31% | 0.61% | 1.29% | | Balance Sheet Indicators | Period-End Amount (RMB) | Period-End vs. Prior Year-End Change | Prior Year-End Amount (RMB) | | | Total Assets | 11,894,523,103.69 | -3.87% | 12,373,453,213.74 | | | Total Equity Attributable to Shareholders of the Listed Company | 6,966,280,859.13 | 0.52% | 6,930,188,771.95 | | Non-recurring Gains and Losses The company's non-recurring gains and losses totaled -311,653.36 RMB for the current period and 10,167,889.36 RMB year-to-date, primarily from government grants, fair value changes in financial assets, and other non-operating income/expenses Non-recurring Gains and Losses and Amounts (Unit: RMB) | Item | Current Period Amount | Year-to-Date Amount | | :--- | :--- | :--- | | Government grants recognized in current profit or loss | 3,275,451.52 | 10,811,520.28 | | Gains/losses from changes in fair value of financial assets held for trading, financial liabilities held for trading, and investment income from disposal of financial assets held for trading, financial liabilities held for trading, and available-for-sale financial assets, excluding effective hedge accounting related to normal business operations | 9,880,093.03 | -9,176,383.78 | | Other non-operating income and expenses apart from the above | 677,850.93 | 3,924,862.76 | | Less: Income tax impact | -5,853,665.40 | -5,033,319.18 | | Impact on minority interests (after tax) | 238,528.18 | 425,429.08 | | Total | -311,653.36 | 10,167,889.36 | Financial Data Variation Analysis The company achieved a turnaround to profitability in the first three quarters, with a significant increase in net cash flow from operating activities, driven by improved market conditions and increased cash receipts from sales and services - Due to improved market conditions, the company's net profit for the first three quarters turned profitable compared to the prior year period[8] - Increased cash received from sales of goods and rendering of services led to a 51.81% increase in net cash flow from operating activities for the first three quarters compared to the prior year period[8] - Disposal of equity in an associate company resulted in a 50.15% increase in investment income for the current period compared to the prior year period[8] - Accounts receivable at period-end decreased by 51.07% compared to the prior year-end, while advances from customers at period-end increased by 83.28%[8] - Short-term borrowings at period-end increased by 98.24% compared to the prior year-end due to new bank short-term borrowings[8] - Increased cash payments for repaying corporate bonds and bank loans led to higher cash outflows from financing activities and a decrease in net cash flow from financing activities[9] Shareholder Information Common Shareholder Information As of the reporting period end, the company had 93,835 common shareholders, with Beijing Hualian Group Investment Holding Co., Ltd. and Tibet Shannan Xinshang Investment Management Co., Ltd. being the top two shareholders, holding 27.39% and 9.32% respectively, both with pledged shares - The total number of common shareholders at the end of the reporting period was 93,835[11] Top 10 Shareholders' Shareholding Status (As of the End of the Reporting Period) | Shareholder Name | Shareholder Nature | Shareholding Ratio | Number of Shares Held (shares) | Share Status | Number (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | | Beijing Hualian Group Investment Holding Co., Ltd. | Domestic Non-State-Owned Legal Person | 27.39% | 749,644,537.00 | Pledged | 524,570,000.00 | | Tibet Shannan Xinshang Investment Management Co., Ltd. | Domestic Non-State-Owned Legal Person | 9.32% | 255,192,878.00 | Pledged | 178,630,000.00 | | Beijing Shangyi Investment Management Co., Ltd. - Shangyi Sunshine No. 24 Private Securities Investment Fund | Other | 2.78% | 76,000,000.00 | Unpledged | 0 | | Beijing Shangyi Investment Management Co., Ltd. - Shangyi Sunshine No. 10 Private Securities Investment Fund | Other | 2.16% | 59,000,000.00 | Unpledged | 0 | | Industrial and Commercial Bank of China Co., Ltd. - Southern CSI All-Share Real Estate ETF | Other | 0.60% | 16,409,100.00 | Unpledged | 0 | | Xu Hui | Domestic Natural Person | 0.41% | 11,224,300.00 | Unpledged | 0 | | Luo Xianzhong | Domestic Natural Person | 0.38% | 10,462,300.00 | Unpledged | 0 | | Zhang Kun | Domestic Natural Person | 0.33% | 9,000,000.00 | Unpledged | 0 | | Hou Guosheng | Domestic Natural Person | 0.33% | 9,000,000.00 | Unpledged | 0 | | Li Xinqiang | Domestic Natural Person | 0.29% | 8,001,700.00 | Unpledged | 0 | - Among the top ten shareholders, CITIC Industrial Fund is the controlling shareholder of Tibet Shannan, and Chang Dingjie, a director and president of controlling shareholder Hualian Group, also serves as a director of CITIC Industrial Fund, thus constituting an associated relationship[12] Quarterly Financial Statements Consolidated Balance Sheet As of September 30, 2023, total assets were 11.89 billion RMB, a 3.87% decrease from the beginning of the year, with total liabilities at 4.90 billion RMB, a 9.61% decrease, and equity attributable to the parent company increasing slightly by 0.52% to 6.97 billion RMB Consolidated Balance Sheet Key Item Changes (September 30, 2023 vs. January 1, 2023) | Item | September