Financial Performance - The company's operating revenue for Q3 2022 was ¥1,953,530,116.32, a decrease of 7.36% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2022 was ¥1,291,160,857.30, showing a slight increase of 0.07% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,280,707,329.67, an increase of 0.58% compared to the previous year[4] - Total revenue for Q3 2022 was CNY 5,515,639,617.97, a decrease of 8% compared to CNY 5,994,561,106.61 in Q3 2021[15] - Net profit for Q3 2022 was CNY 3,971,173,070.17, down from CNY 4,507,297,359.77, representing a decline of about 12%[16] - The net profit attributable to the parent company for Q3 2022 was approximately CNY 3.64 billion, a decrease from CNY 4.02 billion in Q3 2021, representing a decline of about 9.4%[17] - The total comprehensive income attributable to the parent company was approximately CNY 3.48 billion, down from CNY 3.94 billion in the previous year, reflecting a decrease of around 11.6%[17] Assets and Liabilities - The total assets as of September 30, 2022, reached ¥115,526,361,339.72, reflecting a growth of 17.50% from the end of the previous year[5] - Total assets reached CNY 115,526,361,339.72, compared to CNY 98,320,774,957.70 in the previous year, marking an increase of approximately 17.5%[15] - The total liabilities amounted to CNY 49,199,999,358.49, compared to CNY 35,000,117,073.11, an increase of approximately 40%[15] - The company’s total liabilities increased significantly, with short-term borrowings rising by 495.35% to ¥2,380,978,639.64 due to project funding needs[8] - Current liabilities increased to CNY 12,800,614,857.38, up from CNY 9,734,518,101.41, indicating a rise of about 31%[15] - Long-term borrowings rose to CNY 18,237,710,909.21 from CNY 11,020,090,730.28, reflecting an increase of approximately 65%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,673, with the largest shareholder, China Merchants Group, holding 68.65% of the shares[10] - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, with the largest shareholder holding over 4.24 billion shares[10] Cash Flow - The company reported a net cash flow from operating activities of ¥2,462,929,491.19, down by 27.51% year-to-date[4] - Cash inflows from operating activities totaled approximately CNY 12.30 billion, an increase from CNY 7.90 billion in the same period last year, representing a growth of about 55.5%[19] - Cash outflows from investing activities amounted to approximately CNY 7.48 billion, significantly higher than CNY 2.89 billion in the previous year, indicating an increase of around 158.5%[20] - The net cash flow from financing activities was approximately CNY 1.16 billion, a turnaround from a net outflow of about CNY 2.26 billion in Q3 2021[20] - The company reported a net increase in cash and cash equivalents of approximately CNY 831 million, compared to a decrease of CNY 174 million in the same quarter last year[20] - The total cash and cash equivalents at the end of Q3 2022 stood at approximately CNY 7.18 billion, up from CNY 6.60 billion at the end of Q3 2021, reflecting an increase of about 8.8%[20] Inventory and Expenses - The company’s inventory increased by 76.27% to ¥382,227,798.60, attributed to project progress and contract performance costs[8] - Operating costs increased to CNY 4,562,454,954.96, up from CNY 4,297,073,274.96, reflecting a rise of approximately 6%[16] - Research and development expenses were CNY 102,241,638.47, down from CNY 115,897,948.33, showing a decrease of about 12%[16] Other Income and Changes - Other income decreased by 56.62% to CNY 53,256,254.32 from CNY 122,769,654.35, mainly due to the previous period's long-term accounts payable being recognized as other income[9] - The company reported a decrease in minority shareholders' profit by 32.61%, down to CNY 326,903,195.43 from CNY 485,100,415.50, primarily due to the impact of the pandemic on net profit[9] - The fair value change income for the first nine months of 2022 was CNY 54,610,000, a significant increase of 9315.52% compared to CNY 580,000 in the same period of 2021, primarily due to the transfer of contingent consideration to current profits based on the acquisition agreement of the E'dong Bridge[9] - Credit impairment losses decreased by 133.85% to -CNY 5,392,383.66 from CNY 15,931,728.58 year-on-year, mainly due to the absence of compensation for the Tianjin section of the Beijing-Tianjin-Tanggu Expressway this period[9] - Asset disposal income surged to CNY 281,190,980.62 from a loss of CNY 1,440,234.12, reflecting a change of -19623.98%, attributed to the recognition of disposal income from the transfer of assets related to the Beijing section of the Beijing-Tianjin-Tanggu Expressway and idle land disposal in the Shanghai-Chongqing Expressway[9]