浙江建投(002761) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥18,823,064,522.32, a decrease of 20.83% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥27,217,738.84, representing a decline of 384.10% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥59,686,002.50, down 31.74% from the previous year[2]. - The net profit for Q3 2024 was CNY 265,156,131.96, a decrease of 61.6% compared to CNY 689,782,688.96 in the same period last year[16]. - The total profit for the period was CNY 470,514,863.69, down from CNY 1,032,151,504.35, representing a decline of 54.4%[16]. - The company's operating profit was CNY 532,392,834.78, compared to CNY 1,019,202,488.32 in the previous year, reflecting a decrease of 47.8%[16]. - The total comprehensive income for the period was CNY 285,232,706.51, compared to CNY 686,130,880.90 in the same period last year, indicating a decline of 58.5%[17]. Cash Flow and Assets - The net cash flow from operating activities was -¥2,101,786,170.82, a decrease of 129.54% compared to the same period last year[5]. - Cash flow from operating activities showed a net outflow of CNY -2,101,786,170.82, worsening from CNY -915,639,181.27 year-on-year[18]. - Cash flow from investment activities resulted in a net outflow of CNY -280,911,694.73, compared to CNY -1,951,183,569.06 in the previous year[19]. - Cash flow from financing activities generated a net inflow of CNY 615,936,401.89, down from CNY 2,686,197,558.86 in the same quarter last year[19]. - The company's cash and cash equivalents decreased to ¥7,450,388,908.93 from ¥9,153,318,330.67, a decline of approximately 18.5%[12]. - The company reported a decrease in cash and cash equivalents to CNY 6,558,782,742.73 at the end of the period, down from CNY 6,746,220,573.87[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 101,002[6]. - The top shareholder, Zhejiang State-owned Capital Operation Co., Ltd., holds a 35.90% stake, amounting to 388,229,884 shares[7]. - The second-largest shareholder, ICBC Financial Asset Investment Co., Ltd., holds 7.24% of the shares, totaling 78,332,468 shares[7]. - The company has reported a total of 46,975,609 shares held by Zhejiang Financial Development Co., Ltd., representing 4.34% of the total shares[7]. - The company has undergone changes in its top 10 shareholders due to share lending and returning activities[8]. Liabilities and Equity - Total assets at the end of the reporting period were ¥120,072,485,346.55, down 1.30% from the end of the previous year[2]. - The total liabilities decreased to ¥109,800,322,767.86 from ¥111,478,920,172.97, reflecting a reduction of approximately 1.5%[14]. - The equity attributable to shareholders increased to ¥7,880,051,975.43 from ¥7,819,209,479.56, an increase of about 0.8%[14]. Expenses and Costs - The company's cash and cash equivalents decreased to ¥7,450,388,908.93 from ¥9,153,318,330.67, a decline of approximately 18.5%[12]. - The company's net profit margin is impacted by a significant increase in research and development expenses, which totaled ¥593,165,227.24 compared to ¥638,723,461.34 in the previous period[15]. - The company experienced a 2050.35% increase in non-operating expenses, totaling ¥107,949,276.78 due to foreign guarantee losses[5]. - The total operating costs for the current period amount to ¥57,859,235,288.08, down from ¥70,235,327,914.31, reflecting a reduction of about 17.6%[15]. Other Significant Events - The company reported a significant litigation involving the Algeria Duwira Stadium project, with a total claim amounting to approximately RMB 1 billion and a principal claim of about RMB 1.3 billion[10]. - The company successfully issued 10 million convertible bonds with a total value of RMB 1 billion, which began trading on the Shenzhen Stock Exchange on January 16, 2024[11]. - The company's convertible bonds, named "Zhejiang Construction Convertible Bonds," can be converted into shares starting from July 1, 2024[11]. - The company adjusted the expected operational status of its construction safety support equipment procurement project to December 2025, while the carbon concrete product technology upgrade project is now expected to be operational by December 2024[11]. - The company is involved in a major asset swap and merger transaction that was initiated in 2019, with a renewed agreement signed in April 2023[8].