西部建设(002302) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥4,859,665,725.46, a decrease of 5.08% compared to the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥101,559,538.25, representing a significant decline of 2,601.40% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥121,944,663.34, a decrease of 4,551.94% compared to the previous year[4] - The basic earnings per share for the period was -¥0.0805, down 2,615.63% year-on-year[4] - Total operating revenue for Q3 2025 was CNY 13.88 billion, a decrease of 7.55% from CNY 15.02 billion in the same period last year[21] - Total operating costs amounted to CNY 13.97 billion, down 5.46% from CNY 14.77 billion year-on-year[21] - Net profit for the period was a loss of CNY 184.73 million, compared to a profit of CNY 60.34 million in the previous year[22] - The total equity attributable to shareholders decreased to CNY 9.12 billion from CNY 9.48 billion in the previous year[20] - The company reported a total comprehensive loss of CNY 183.31 million, compared to a comprehensive income of CNY 59.80 million in the previous year[23] - Basic and diluted earnings per share were both CNY -0.1685, compared to CNY -0.0111 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,410,716,220.37, an increase of 2.72% from the end of the previous year[4] - The company's total liabilities increased to CNY 24.08 billion, up from CNY 22.78 billion year-on-year[20] - Current assets amounted to CNY 29.22 billion, up from CNY 27.95 billion at the start of the period, indicating a growth of approximately 4.5%[18] - The company's short-term borrowings rose to CNY 654.66 million from CNY 580.42 million, an increase of about 12.7%[18] - The total liabilities of the company are not explicitly stated but can be inferred from the balance sheet data provided[17] Cash Flow - Cash and cash equivalents decreased by 45.30% due to increased payments for goods during the reporting period[9] - Cash and cash equivalents decreased to CNY 1.91 billion from CNY 3.49 billion, representing a decline of about 45.4%[17] - Net cash flow from investment activities increased by 73.71% as cash payments for fixed assets decreased[11] - Operating cash inflow for the current period was $10,100,946,826.15, down 16.0% from $12,019,127,238.96 in the previous period[25] - Operating cash outflow for the current period was $11,141,380,701.95, a decrease of 14.1% compared to $12,971,101,658.57 in the previous period[26] - Net cash flow from operating activities was -$1,040,433,875.80, worsening from -$951,974,419.61 in the previous period[26] - Cash inflow from investment activities was $39,612,394.26, down from $50,570,675.12 in the previous period[26] - Cash outflow from investment activities was $100,041,581.87, significantly reduced from $280,392,815.14 in the previous period[26] - Net cash flow from investment activities was -$60,429,187.61, an improvement from -$229,822,140.02 in the previous period[26] - Cash inflow from financing activities was $746,641,559.57, down from $991,715,991.20 in the previous period[26] - Cash outflow from financing activities was $1,103,958,606.18, a decrease from $1,759,261,440.09 in the previous period[26] - Net cash flow from financing activities was -$357,317,046.61, an improvement from -$767,545,448.89 in the previous period[26] - The net increase in cash and cash equivalents was -$1,458,688,074.83, compared to -$1,947,584,137.10 in the previous period[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 71,666[13] - The company has a total of 10 major shareholders, with the largest being 中建新疆建工（集团）有限公司 holding 396,731,588 shares[15] - The company is controlled by China State Construction Engineering Corporation, indicating a unified control structure among major shareholders[15] Research and Development - The company reported a 231.34% increase in development expenditures compared to the beginning of the period, attributed to capitalized R&D investments[9] - Research and development expenses were CNY 306.93 million, a decrease of 17.59% from CNY 372.57 million in the previous year[21] Taxation - The company experienced a 311.66% increase in income tax expenses due to a decrease in deferred tax expenses recognized during the reporting period[10]