Financial Performance - As of September 30, 2024, the company achieved operating revenue of RMB 758,125,120 thousand, a decrease of 5.99% compared to the same period last year[2]. - The net profit attributable to shareholders was RMB 15,695,439 thousand, reflecting a decline of 19.18% year-on-year[4]. - The basic earnings per share for the reporting period was RMB 1.02, down 20.93% compared to the previous year[4]. - The company reported a 34.27% decrease in net profit attributable to shareholders for the current period due to industry environment impacts[7]. - The diluted earnings per share decreased by 39.47% as a result of the decline in net profit attributable to shareholders[8]. - Total operating revenue for the first three quarters of 2024 was RMB 758,125,120, a decrease of 5.97% compared to RMB 806,463,195 in the same period of 2023[30]. - Net profit attributable to shareholders of the parent company was RMB 15,695,439, a decline of 19.00% from RMB 19,419,540 in the same period of 2023[32]. - The total comprehensive income for the first three quarters of 2024 was RMB 19,562,988, down from RMB 23,969,652 in the same period of 2023[33]. - Earnings per share for the first three quarters of 2024 were RMB 1.02, a decrease from RMB 1.29 in the same period of 2023[33]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 1,810,274,491 thousand, an increase of 8.85% from the end of the previous year[4]. - The company's total assets decreased, reflecting a strategic focus on cost management and efficiency improvements[30]. - Total liabilities amounted to RMB 1,390,869,852 thousand, up from RMB 1,245,899,805 thousand, representing an increase of around 11.6%[28]. - The company's equity attributable to shareholders rose to RMB 321,918,764 thousand from RMB 309,837,517 thousand, reflecting an increase of about 3.3%[29]. - Total current liabilities increased to RMB 1,090,821,011 thousand from RMB 998,052,441 thousand, indicating a rise of approximately 9.3%[27]. - Total liabilities and equity reached RMB 224,111,663 thousand as of September 30, 2024, compared to RMB 203,877,086 thousand at the end of 2023, marking an increase of 9.9%[45]. Cash Flow - The net cash flow from operating activities was RMB -89,018,002 thousand, indicating a significant cash outflow[4]. - Cash flow from operating activities for the first three quarters of 2024 showed a net outflow of ¥89,018,002, compared to a net outflow of ¥43,182,574 in the same period of 2023, indicating a decline in operational efficiency[36]. - The company reported a net cash inflow from operating activities of RMB 777,191,650, down from RMB 855,041,868 in the previous year[35]. - Cash inflow from operating activities totaled RMB 28,365,577 thousand in the first three quarters of 2024, compared to RMB 25,166,464 thousand in the same period of 2023, reflecting a growth of 8.8%[54]. - The net increase in cash and cash equivalents for the first three quarters of 2024 was a decrease of ¥10,008,511, compared to a decrease of ¥6,248,109 in 2023, highlighting cash flow challenges[40]. - Cash inflow from financing activities rose significantly to ¥383,085,296 in 2024, up from ¥232,655,865 in 2023, indicating increased borrowing and investment from shareholders[39]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is not specified, but the top 10 shareholders hold significant stakes, with China Railway Construction Group Co., Ltd. owning 51.23%[10]. - HKSCC Nominees Limited holds 2,061,398,182 shares, representing 15.18% of the total shares, indicating strong foreign investment interest[10]. - The top 10 unrestricted shareholders include China Railway Construction Group Co., Ltd. with 6,956,316,590 shares, which is the largest single holding[13]. - The report indicates that HKSCC Nominees Limited's holdings represent multiple clients, highlighting the complexity of shareholder structures[16]. - The company does not have knowledge of any relationships or concerted actions among the top 10 unrestricted shareholders and the top 10 shareholders[15]. Contractual Performance - The total amount of new contracts signed by the group from the beginning of the year to the end of the reporting period is 1,473.4267 billion RMB, achieving 49.10% of the annual plan, a year-on-year decrease of 17.51%[18]. - The amount of new contracts signed in the domestic business is 1,368.1329 billion RMB, accounting for 92.85% of the total new contracts, with a year-on-year decrease of 18.03%[18]. - The amount of new contracts signed in the overseas business is 105.2938 billion RMB, accounting for 7.15% of the total new contracts, with a year-on-year decrease of 10.12%[18]. - The total amount of uncompleted contracts as of September 30, 2024, is 7,087.3736 billion RMB, an increase of 5.94% compared to the end of the previous year[18]. - The new contract amount in the engineering contracting industry is 1,040.7306 billion RMB, with a year-on-year decrease of 13.84%[19]. - The new contract amount in the investment operation industry is 72.8775 billion RMB, with a significant year-on-year decrease of 65.60%[19]. - The new contract amount in the green environmental protection industry is 125.1958 billion RMB, showing a year-on-year increase of 43.05%[19]. - The new contract amount in the infrastructure construction projects is 1,238.8039 billion RMB, accounting for 84.08% of the total new contracts, with a year-on-year decrease of 17.81%[20]. - The new contract amount in the water conservancy and water transport engineering is 73.0162 billion RMB, with a year-on-year increase of 38.58%[21]. Management and Governance - The company has undergone changes in its board of directors, with the resignation of executive directors due to work adjustments, impacting management structure[22][24].
中国铁建(01186) - 2024 Q3 - 季度业绩