招标股份(301136) - 2022 Q3 - 季度财报

Report Overview Important Notice The company's management guarantees the truthfulness, accuracy, and completeness of this unaudited quarterly report - The company's management guarantees the truthfulness, accuracy, and completeness of this quarterly report's content[2][3] - This quarterly report is unaudited[4] Financial Data and Analysis Key Financial Indicators In Q3 2022, revenue grew slightly while net profit fell sharply, but total assets and equity increased significantly due to an IPO Key Financial Data for Q3 2022 and Year-to-Date | Indicator | Q3 | YoY Change | Year-to-Date (YTD) | YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 160,497,238.53 | 6.24% | 410,247,990.46 | 5.12% | | Net Profit Attributable to Shareholders (CNY) | 11,821,502.53 | -53.81% | 36,020,074.58 | -25.00% | | Basic EPS (CNY/Share) | 0.0430 | -65.32% | 0.1346 | -42.16% | | Indicator | End of Reporting Period | Change from Prior Year-End | | | | Total Assets (CNY) | 2,225,846,095.61 | 43.37% | | | | Equity Attributable to Shareholders (CNY) | 1,488,299,507.14 | 81.97% | | | Non-recurring Profit and Loss Year-to-date non-recurring profit and loss totaled CNY 2.33 million, mainly from government grants and tax-related items Year-to-Date Non-recurring Profit and Loss Items | Item | YTD Amount (CNY) | | :--- | :--- | | Government grants included in current P&L | 2,673,632.44 | | Other P&L items defined as non-recurring | 617,780.80 | | Gains/losses on disposal of non-current assets | 108,247.73 | | Other non-operating income and expenses | -226,256.46 | | Less: Impact of income tax and minority interests | -840,590.39 | | Total | 2,332,814.12 | - Other items defined as non-recurring profit and loss mainly include personal income tax handling fee rebates (CNY 0.12 million) and VAT super-deductions (CNY 0.49 million)[8] Analysis of Changes in Financial Indicators The sharp decline in net profit was due to pandemic impacts, while improved operating cash flow and asset growth were driven by increased tender deposits and IPO proceeds - Net profit attributable to shareholders decreased by 53.81% YoY, primarily due to lower gross margins in engineering supervision and testing businesses affected by the pandemic[9] - Net cash flow from operating activities improved by 52.37%, mainly due to an increase in tender deposits received from a higher number of bidding projects[9] - Total assets and shareholders' equity grew by 43.37% and 81.97% respectively, driven by the inflow of funds from the initial public offering[9] Shareholder Information Shareholder Structure and Holdings As of the period end, the company had 17,753 common shareholders, with the controlling shareholder holding 53.96% and several employee stock ownership platforms among the top ten - At the end of the reporting period, the total number of common shareholders was 17,753[11] Top Five Shareholders' Holdings | Shareholder Name | Shareholder Type | Shareholding Ratio | Number of Shares | | :--- | :--- | :--- | :--- | | Fujian Provincial Tendering & Purchasing Group Co, Ltd | State-owned Legal Entity | 53.96% | 148,500,000 | | Fujian SOE Reform and Reorganization Investment Fund (LP) | State-owned Legal Entity | 4.50% | 12,384,217 | | Fujian Zhanglong Investment Co, Ltd | State-owned Legal Entity | 3.75% | 10,320,181 | | Longhai State-owned Assets Investment & Operation Co, Ltd | State-owned Legal Entity | 3.75% | 10,320,181 | | Fujian Yongxu No. 1 Investment Partnership (LP) | Domestic Non-state-owned Legal Entity | 3.28% | 9,030,000 | - Fujian Yongxu No. 1, No. 2, and No. 3 Investment Partnership Enterprises are the company's employee stock ownership platforms[12] Changes in Restricted Shares During the reporting period, 3,044,058 offline placement restricted shares were released from restriction, leaving no restricted shares at period end Details of Changes in Restricted Shares | Shareholder Name | Restricted Shares at Beginning of Period | Restricted Shares Released This Period | Restricted Shares at End of Period | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | | Other Offline Placement Restricted Shareholders | 3,044,058 | 3,044,058 | 0 | Offline Placement Restriction | Quarterly Financial Statements Consolidated Balance Sheet As of September 30, 2022, total assets reached CNY 2.23 billion, driven by cash and new financial assets, while total equity surged due to IPO proceeds Key Balance Sheet Items | Item | Sep 30, 2022 (CNY) | Jan 1, 2022 (CNY) | Change | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 822,421,231.78 | 772,184,439.69 | 6.51% | | Trading Financial Assets | 549,696,661.65 | 0.00 | - | | Total Assets | 2,225,846,095.61 | 1,552,497,890.82 | 43.37% | | Total Liabilities | 674,965,957.73 | 681,709,313.59 | -0.99% | | Share Capital | 275,204,820.00 | 206,403,615.00 | 33.33% | | Capital Reserve | 933,275,693.05 | 340,141,407.70 | 174.38% | | Total Equity | 1,550,880,137.88 | 870,788,577.23 | 78.10% | Consolidated Income Statement In the first three quarters of 2022, total operating revenue grew by 5.12%, but net profit attributable to shareholders declined by 25.00% due to higher cost growth Year-to-Date Core Income Statement Data | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 410,247,990.46 | 390,279,056.22 | 5.12% | | Total Operating Costs | 357,383,307.32 | 327,504,328.06 | 9.12% | | Operating Profit | 53,137,236.42 | 63,477,745.80 | -16.29% | | Total Profit | 52,920,729.26 | 63,524,019.76 | -16.69% | | Net Profit Attributable to Parent Company Shareholders | 36,020,074.58 | 48,025,248.60 | -25.00% | Consolidated Cash Flow Statement For the first three quarters of 2022, operating cash outflow improved, while significant investing outflows were offset by financing inflows from the IPO Year-to-Date Cash Flow Summary | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -63,394,068.39 | -133,087,706.52 | | Net Cash Flow from Investing Activities | -549,856,879.00 | -97,603,708.66 | | Net Cash Flow from Financing Activities | 616,342,197.81 | 697,376.97 | | Net Increase in Cash and Cash Equivalents | 3,301,236.92 | -230,235,518.65 | - Cash inflow from financing activities was mainly from CNY 682 million received from investments, representing IPO proceeds[25] - Cash outflow from investing activities was primarily CNY 546 million paid for investments, likely for wealth management products or other investments[25] Audit Opinion The company's third-quarter report for 2022 is unaudited - The company's third-quarter report is unaudited[26]