2014-10-30 16:00Financial Performance - Net profit attributable to shareholders rose by 12.69% to CNY 7,073,618,000 year-on-year[9] - Operating revenue for the first nine months reached CNY 429,532,563,000, an increase of 12.38% compared to the same period last year[9] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which rose by 24.75% to CNY 7,025,744,000[9] - The total operating revenue for the reporting period reached CNY 431.67 billion, an increase of 12.33% compared to CNY 384.28 billion in the same period last year[15] - The company's net profit for the first nine months of 2014 was RMB 15.99 billion, up from RMB 10.93 billion in the same period last year, reflecting a year-on-year increase of about 46.5%[41] - Total profit for the period was CNY 4,327,356,000, an increase of 20.6% from CNY 3,588,395,000 in Q3 2013[44] Assets and Liabilities - Total assets increased by 7.01% to CNY 672,219,179,000 compared to the end of the previous year[9] - The company's current assets totaled RMB 541,651,649 thousand, up from RMB 502,888,854 thousand at the beginning of the year, indicating an increase of about 7.7%[35] - The total liabilities rose to RMB 541,651,649 thousand, compared to RMB 502,888,854 thousand at the beginning of the year, reflecting an increase of approximately 7.7%[36] - The total liabilities increased to RMB 66.24 billion from RMB 50.17 billion, marking a rise of about 31.9%[41] Cash Flow - Net cash flow from operating activities decreased by 228.40% to -CNY 7,288,687,000 compared to the previous year[9] - Cash flow from operating activities showed a net outflow of CNY 7,288,687,000, worsening from a net outflow of CNY 2,219,482,000 in the same period last year[50] - Investment activities resulted in a net cash outflow of CNY 6,080,494,000, compared to a larger outflow of CNY 11,942,399,000 in the previous year[51] - Financing activities generated a net cash inflow of CNY 9,012,710,000, down from CNY 21,140,050,000 in the same period last year[51] Shareholder Information - The total number of shareholders reached 638,409 by the end of the reporting period[12] - The largest shareholder, China Railway Engineering Corporation, holds 56.10% of the shares[12] Inventory and Receivables - The inventory increased to CNY 256.29 billion, up 13.62% from CNY 225.57 billion, mainly due to completed but unsettled payments and expanded real estate projects[15] - The company reported a significant increase in accounts receivable, which rose to RMB 7.39 billion from RMB 5.89 billion, representing an increase of about 25.4%[39] Tax and Expenses - The income tax expense for the period was CNY 2.84 billion, a significant increase of 40.99% from CNY 2.02 billion, primarily due to the recognition of deferred tax assets not being applied for some losses[15] Contracts and Projects - The new contract amount signed from January to September was CNY 605.56 billion, representing a year-on-year growth of 13.7%, with the infrastructure sector contributing CNY 467.91 billion[15] - The uncompleted contract amount as of the reporting period was CNY 1.84766 trillion, with the infrastructure sector accounting for CNY 1.4831 trillion[16] - The infrastructure sector's new contracts included CNY 157.83 billion for railway projects, a 16.3% increase year-on-year[15] Accounting Changes - The company has adopted new accounting standards effective July 1, 2014, which may impact the consolidated financial statements[18] - The company adopted a retrospective adjustment method for accounting policy changes related to employee benefits, impacting the financial statements significantly[25] - The company reclassified certain joint ventures under the new accounting standards, impacting the recognition of related assets and liabilities[31]