友阿股份(002277) - 2022 Q3 - 季度财报

Major Financial Data This section provides an overview of the company's key financial performance and position for the first three quarters of 2022, including significant changes and the impact of non-recurring items Key Accounting Data and Financial Indicators In the first three quarters of 2022, operating revenue decreased by 22.41% and net profit attributable to the parent company decreased by 34.33%, while Q3 net profit saw a significant increase due to non-recurring gains, masking a 95.87% decline in core business profitability Key Financial Indicators for Q3 and Year-to-Date 2022 | Indicator | Current Period (Q3) | YoY Change (Q3) | Year-to-Date (Q1-Q3) | YoY Change (YTD) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 367,124,970.69 | -39.64% | 1,475,907,956.93 | -22.41% | | Net Profit Attributable to Shareholders of Listed Company (RMB) | 62,400,878.52 | 334.98% | 137,192,541.08 | -34.33% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-recurring Gains and Losses (RMB) | 291,557.17 | -95.87% | 67,060,170.71 | -66.49% | | Net Cash Flow from Operating Activities (RMB) | — | — | 277,006,170.11 | -22.92% | | Basic Earnings Per Share (RMB/share) | 0.0448 | 339.22% | 0.0984 | -34.31% | | Total Assets (RMB) | 15,097,502,471.27 | -2.99% (vs. end of prior year) | 15,097,502,471.27 | -2.99% (vs. end of prior year) | | Total Equity Attributable to Shareholders of Listed Company (RMB) | 6,737,125,634.78 | 2.28% (vs. end of prior year) | 6,737,125,634.78 | 2.28% (vs. end of prior year) | Non-recurring Gains and Losses Items and Amounts Non-recurring gains and losses significantly impacted net profit, totaling RMB 70.13 million year-to-date, primarily from non-current asset disposals and government subsidies, driving the substantial Q3 net profit increase Non-recurring Gains and Losses Items for the First Three Quarters of 2022 | Item | Year-to-Date Amount (RMB) | | :--- | :--- | | Gains and Losses from Disposal of Non-current Assets | 56,453,986.04 | | Government Grants Recognized in Current Profit and Loss | 13,598,639.99 | | Gains and Losses from Entrusted Loans to External Parties | 4,106,245.38 | | Other Non-operating Income and Expenses and Fair Value Changes | -179,569.18 | | Total | 70,132,370.37 | Analysis of Changes and Reasons for Key Financial Indicators Significant changes in financial indicators are attributed to the disposal of a subsidiary, payment of a real estate project deposit, repayment of borrowings, and the impact of changes in the scope of consolidation on profit - The disposal of subsidiary 'Ningbo Oupai Yishehui' led to a 77.39% decrease in accounts receivable and a 50.54% decrease in prepayments, while former internal financial assistance reclassified as other receivables resulted in a 203.41% increase[10] - Long-term receivables significantly increased by 147.19% from the beginning of the period due to the payment of a RMB 479 million deposit for the Hunan Construction Engineering real estate cooperation project[10] - Net cash flow from investing activities increased by 169.48% year-on-year, primarily due to the receipt of RMB 201 million in primary land development funds this period, contrasting with the payment for minority shareholder equity acquisition in the prior year[13] - Income tax expense decreased by 114.43% year-on-year, mainly because the total profit for the current period declined, leading to a reduction in taxable income[12] Shareholder Information This section details the company's shareholder structure, including the total number of common shareholders and the shareholding status of the top ten shareholders, highlighting the controlling shareholder's pledged shares Shareholding Status of Shareholders As of the reporting period end, the company had 45,461 common shareholders, with Hunan Friendship Apollo Holding Co., Ltd. as the controlling shareholder at 32.02% ownership, a significant portion of which is pledged - The total number of common shareholders was 45,461 at the end of the reporting period[15] Top Ten Shareholders' Shareholding Status | Shareholder Name | Shareholding Percentage | Number of Shares Held | Share Status | | :--- | :--- | :--- | :--- | | Hunan Friendship Apollo Holding Co., Ltd. | 32.02% | 446,448,740 | Pledged 376,448,740 | | Central Huijin Asset Management Co., Ltd. | 2.21% | 30,852,200 | - | | You'a Shares - First Employee Stock Ownership Plan | 1.47% | 20,509,062 | - | | Zhou Shaojun | 1.39% | 19,313,300 | - | | Cai Guozhong | 1.05% | 14,679,000 | - | | Liu Qiurong | 1.01% | 14,041,000 | - | | Zhong Kangpeng | 0.94% | 13,156,698 | - | | Yan Xiaopeng | 0.82% | 11,452,611 | - | | Li Jun | 0.69% | 9,593,784 | - | | Xu Ren | 0.60% | 8,430,184 | - | Other Significant Matters The company decided to prematurely terminate its first employee stock ownership plan and transferred a 24.75% equity stake in its subsidiary 'Oupai Yishehui' for RMB 80 million - The company decided to prematurely terminate its first employee stock ownership plan, which had reduced its holdings by 11,100,000 shares as of the reporting period end, still retaining a 1.47% stake in the company[18] - The company transferred a 24.75% equity stake in its controlling subsidiary 'Oupai Yishehui' to Wuhan Fenglun for a transaction price of RMB 80 million, with all equity transfer payments and partial financial assistance loan principal and interest received as of the report disclosure date[19] Quarterly Financial Statements This section presents the unaudited consolidated financial statements, including the balance sheet, income statement, and cash flow statement, reflecting the company's financial position and performance for the first three quarters of 2022 Financial Statements This section provides the unaudited consolidated balance sheet, income statement, and cash flow statement, detailing the company's financial position, operating results, and cash flows as of September 30, 2022 Consolidated Balance Sheet As of September 30, 2022, total assets were RMB 15.10 billion (down 2.99%), total liabilities were RMB 8.11 billion (down 6.14%), and equity attributable to the parent company was RMB 6.74 billion (up 2.28%), indicating a stable capital structure Key Items from Consolidated Balance Sheet (RMB) | Item | September 30, 2022 | January 1, 2022 | Change | | :--- | :--- | :--- | :--- | | Total Assets | 15,097,502,471.27 | 15,563,088,317.48 | -2.99% | | Total Liabilities | 8,112,004,721.10 | 8,642,897,787.90 | -6.14% | | Total Equity Attributable to Parent Company Owners | 6,737,125,634.78 | 6,586,671,012.62 | 2.28% | Consolidated Income Statement from Year-to-Date to End of Reporting Period For the first three quarters of 2022, total operating revenue was RMB 1.49 billion (down 22.05%), total profit was RMB 112 million (down 46.48%), and net profit attributable to parent company shareholders was RMB 137 million (down 34.33%), reflecting significant declines in both revenue and profit Key Items from Consolidated Income Statement (RMB) | Item | Current Period (Q1-Q3 2022) | Prior Period (Q1-Q3 2021) | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,493,105,411.24 | 1,915,393,598.95 | -22.05% | | Operating Profit | 112,831,167.80 | 212,544,477.28 | -46.91% | | Total Profit | 112,260,538.04 | 209,766,797.83 | -46.48% | | Net Profit Attributable to Parent Company Shareholders | 137,192,541.08 | 208,916,428.50 | -34.33% | Consolidated Cash Flow Statement from Year-to-Date to End of Reporting Period Net cash flow from operating activities for the first three quarters of 2022 was RMB 277 million (down 22.92%), investing activities generated a net inflow of RMB 295 million, and financing activities resulted in a net outflow of RMB 666 million, with cash and cash equivalents ending at RMB 383 million Key Items from Consolidated Cash Flow Statement (RMB) | Item | Current Period (Q1-Q3 2022) | Prior Period (Q1-Q3 2021) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 277,006,170.11 | 359,360,460.99 | | Net Cash Flow from Investing Activities | 294,923,566.14 | -424,464,192.97 | | Net Cash Flow from Financing Activities | -666,026,176.87 | -632,909,539.94 | | Net Increase in Cash and Cash Equivalents | -89,645,863.89 | -701,011,387.56 | Audit Report The company's 2022 third-quarter report is unaudited - The company's third-quarter report is unaudited[31]