万里马(300591) - 2022 Q3 - 季度财报

Key Financial Data This section provides an overview of the company's key financial performance, including accounting data, non-recurring items, and an analysis of significant financial indicator changes Key Accounting Data and Financial Indicators The company reported 75.89% revenue growth and a 68.25% reduction in net loss attributable to shareholders in the first three quarters of 2022, with total assets and equity significantly increasing due to private placement Key Accounting Data and Financial Indicators | Indicator | Year-to-Date (2022 Q1-Q3) | Y-o-Y Change (Year-to-Date) | As of Report Period End (2022-09-30) | Change from Year-End (2021) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 400,692,628.94 | 75.89% | - | - | | Net Profit Attributable to Shareholders (RMB) | -11,506,092.11 | 68.25% (Loss Narrowed) | - | - | | Net Cash Flow from Operating Activities (RMB) | -150,761,090.75 | -660.46% | - | - | | Total Assets (RMB) | - | - | 1,202,568,985.52 | 57.29% | | Total Equity Attributable to Shareholders (RMB) | - | - | 756,512,433.48 | 110.84% | Non-Recurring Gains and Losses Items and Amounts In the first three quarters of 2022, total non-recurring gains and losses amounted to -RMB 4.32 million, primarily due to a RMB 5.45 million contingent liability, partially offset by government subsidies and income tax effects Non-Recurring Gains and Losses Items and Amounts | Item | Year-to-Date Amount (RMB) | Description | | :--- | :--- | :--- | | Gains/Losses from Contingent Items Unrelated to Normal Operations | -5,445,000.00 | Primarily provision for litigation-related liabilities | | Government Subsidies Recognized in Current Period P&L | 479,915.31 | - | | Total | -4,317,498.08 | - | Analysis of Changes and Reasons for Key Financial Indicators Significant changes in financial position and operating results were driven by private placement impacting assets and financing cash flow, 75.89% revenue growth from e-commerce, and reduced operating cash flow - Balance sheet item changes were primarily influenced by private placement A-share stock fundraising, leading to significant increases in monetary funds (+208.92%), trading financial assets (+100%), and capital reserves (+163.68%)[9] - Total operating revenue increased by 75.89% year-on-year, primarily due to increased group-buying and e-commerce channel business during the period[9] - Net cash flow from operating activities decreased by 660.46% year-on-year, mainly due to a reduction in receivables collected compared to the same period last year[10] - Net cash flow from financing activities significantly increased by 723.17% year-on-year, primarily due to proceeds from private placement A-share stock issuance received during the period[10] Shareholder Information This section details the company's shareholder structure, including the total number of shareholders, top ten shareholders' holdings, and changes in restricted shares Shareholding Status of Shareholders As of the report period end, the company had 19,511 common shareholders; the controlling shareholders and actual controllers, the Lin family siblings, hold a significant combined stake, with some top ten shareholders having pledged shares - Total common shareholders at the end of the reporting period were 19,511[11] - The company's controlling shareholders and actual controllers, Lin Dayao, Lin Dazhou, Lin Caihong, and Lin Daquan, are siblings; Lin Dayao is the largest shareholder, holding 19.28% of shares[11][12] - The largest shareholder, Lin Dayao, pledged 30,000,000 shares, and the second largest shareholder, Lin Dazhou, pledged 21,429,991 shares[11] Changes in Restricted Shares During the reporting period, the total number of restricted shares remained unchanged at 173,618,492, primarily consisting of executive lock-up shares and private placement shares, with the latter expected to be unrestricted on October 26, 2022 - During the reporting period, the company's restricted share count remained unchanged, with a total of 173,618,492 restricted shares at period-end[14][15] - Restricted shares primarily consist of two parts: executive lock-up shares held by actual controllers Lin Dayao, Lin Dazhou, and Lin Daquan; and private placement restricted shares involving multiple investment institutions such as Hainan Wenqin Private Equity and Nord Fund[14][15] Quarterly Financial Statements This section presents the company's consolidated quarterly financial statements, including the balance sheet, income statement, and cash flow statement, for the reporting period Consolidated Balance Sheet As of September 30, 2022, total assets reached RMB 1.20 billion, up 57.29% from year-start, and equity attributable to parent company owners grew 110.84% to RMB 757 million, primarily due to private placement proceeds Consolidated Balance Sheet | Key Item | September 30, 2022 (RMB) | January 1, 2022 (RMB) | Change Rate | | :--- | :--- | :--- | :--- | | Total Assets | 1,202,568,985.52 | 764,534,399.45 | 57.29% | | Total Liabilities | 419,825,757.24 | 380,065,476.12 | 10.46% | | Total Equity Attributable to Parent Company Owners | 756,512,433.48 | 358,808,701.75 | 110.84% | Consolidated Income Statement (Year-to-Date) In the first three quarters of 2022, total operating revenue reached RMB 401 million, a 75.89% year-on-year increase, leading to a narrowed net loss of RMB 10.49 million and attributable net loss of RMB 11.51 million Consolidated Income Statement (Year-to-Date) | Key Item | Current Period Amount (2022 Q1-Q3) | Prior Period Amount (2021 Q1-Q3) | Change Rate | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 400,692,628.94 | 227,808,210.67 | 75.89% | | Operating Profit | -8,145,793.89 | -47,690,005.60 | 82.92% (Loss Narrowed) | | Total Profit | -13,519,363.69 | -48,866,526.84 | 72.33% (Loss Narrowed) | | Net Profit | -10,494,518.89 | -36,788,404.11 | 71.47% (Loss Narrowed) | | Net Profit Attributable to Parent Company Shareholders | -11,506,092.11 | -36,240,407.11 | 68.25% (Loss Narrowed) | Consolidated Cash Flow Statement (Year-to-Date) In the first three quarters of 2022, net cash flow from operating activities was -RMB 151 million due to reduced receivables, investing activities used RMB 150 million for wealth management and projects, while financing activities generated RMB 376 million from private placement, resulting in a RMB 75.21 million net increase in cash Consolidated Cash Flow Statement (Year-to-Date) | Item | Current Period Amount (2022 Q1-Q3) | Prior Period Amount (2021 Q1-Q3) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -150,761,090.75 | 26,899,695.56 | | Net Cash Flow from Investing Activities | -149,687,492.41 | -11,978,225.12 | | Net Cash Flow from Financing Activities | 375,609,464.25 | -60,273,805.74 | | Net Increase in Cash and Cash Equivalents | 75,205,842.59 | -45,399,149.05 |