山西证券(002500) - 2022 Q3 - 季度财报

Financial Performance - Total operating revenue for Q3 2022 was ¥1,083,250,551, a decrease of 8.59% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2022 was ¥70,212,889, down 63.51% year-on-year[3] - Net profit excluding non-recurring gains and losses for Q3 2022 was ¥68,573,691, a decrease of 62.34% compared to the previous year[3] - Basic earnings per share for Q3 2022 was ¥0.0196, reflecting a decline of 63.43% year-on-year[4] - Net profit for the third quarter of 2022 was CNY 358.86 million, a decrease of 40.5% from CNY 604.12 million in the same period last year[23] - Operating revenue for the third quarter of 2022 was CNY 3.04 billion, up 4.9% from CNY 2.90 billion in the previous year[22] - Basic earnings per share for the third quarter of 2022 were CNY 0.105, down from CNY 0.172 in the same quarter last year, reflecting a decline of 39.0%[24] Assets and Liabilities - Total assets as of the end of Q3 2022 reached ¥91,150,527,221, an increase of 19.46% from the end of the previous year[4] - Total liabilities increased to CNY 73.46 billion as of September 30, 2022, compared to CNY 58.60 billion at the end of 2021, marking a rise of 25.3%[21] - The company’s total equity stood at CNY 17.69 billion, slightly down from CNY 17.71 billion at the end of 2021, indicating a decrease of 0.1%[21] - The company experienced a 51.82% increase in trading financial assets, totaling ¥42,906,598,956 compared to the previous year[9] - The company’s financial investments rose to CNY 43.32 billion, up from CNY 28.92 billion year-over-year, indicating a growth of 49.8%[20] Cash Flow - The company reported a net cash flow from operating activities of -¥435,987,416, a decline of 114.25% year-on-year[3] - The net cash flow from operating activities decreased by 114.25% to -435,987,416 RMB compared to 3,059,752,309 RMB in the same period last year, primarily due to an increase in financial assets held for trading and a decrease in net funds received[10] - The net cash flow from financing activities increased significantly to 1,533,246,797 RMB from -14,500,470 RMB, attributed to an increase in the issuance of corporate bonds during the reporting period[10] - The net cash flow from investment activities was -297,805,099 RMB, showing a decrease compared to -481,389,747 RMB in the previous year[10] - Operating cash flow for the period was negative at -435,987,416 CNY, compared to a positive cash flow of 3,059,752,309 CNY in the previous period[25] - Total cash inflow from operating activities was 21,322,480,502 CNY, an increase from 19,185,554,408 CNY year-on-year[25] - Cash outflow from operating activities totaled 21,758,467,918 CNY, up from 16,125,802,099 CNY in the previous period[25] - Cash inflow from financing activities amounted to 13,910,028,384 CNY, compared to 13,000,869,541 CNY in the previous period[26] - Cash outflow from financing activities was 12,376,781,587 CNY, slightly down from 13,015,370,011 CNY year-on-year[26] - The company issued bonds generating cash inflow of 5,515,000,000 CNY, significantly higher than 2,981,225,173 CNY in the previous period[26] - The ending cash balance increased to 27,322,947,042 CNY from 24,482,740,823 CNY in the previous period[26] - The company reported a net increase in cash of 919,814,563 CNY, down from 2,543,800,296 CNY in the previous period[26] Expenses and Costs - The company reported a significant increase in non-operating expenses, which rose by 78.07% to 6,614,710 RMB, reflecting higher costs associated with non-routine business activities[10] - The company experienced a 39.21% decrease in income tax expenses, totaling 91,723,395 RMB, reflecting a decline in profits year-on-year[10] - The company reported a 59.12% increase in other business costs, amounting to 1,162,700,910 RMB, driven by the expansion of its subsidiary's warehouse receipt business[10] - The credit impairment loss decreased by 84.94% to 4,190,760 RMB, indicating a reduction in the provision for impairment during the reporting period[10] - The fair value change of other equity investments dropped by 89.97% to 6,065,459 RMB, influenced by fluctuations in the securities market[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 132,332, with the largest shareholder, Shanxi Financial Investment Holding Group Co., Ltd., holding 31.77% of shares[11] - The total number of shares outstanding as of the last trading day before disclosure was 3,589,771,547[5] Bond Issuance - The company issued bonds totaling 2 billion RMB in July 2022, with a coupon rate of 3.04%, and another bond issuance of 800 million RMB at a rate of 2.89%[16] Other Information - The company plans to optimize its branch network by closing the Jiangmen Heshan New Town Securities Branch, which is currently in progress[19] - The report for the third quarter was not audited[26]