CPEC(SH:600339)2025-10-30 08:50Financial Performance - The company's operating revenue for the third quarter reached ¥21,242,383,250.22, representing a year-on-year increase of 12.84%[3] - Total profit for the quarter was ¥162,258,358.42, a decrease of 33.10% compared to the same period last year[3] - Net profit attributable to shareholders was ¥53,257,088.94, down 49.19% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥41,487,481.17, reflecting a decline of 53.96% from the previous year[3] - Basic earnings per share for the quarter were ¥0.0095, a decrease of 49.47% compared to the same period last year[4] - Net profit for the first three quarters of 2025 was CNY 534.01 million, a decrease of 15.3% from CNY 630.29 million in 2024[20] - The basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.0937, a decrease from CNY 0.1132 in the same period of 2024[21] - The company's financial expenses included interest expenses of CNY 252.23 million, compared to CNY 101.51 million in the previous year, indicating an increase in financing costs[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥124,202,247,000.58, an increase of 14.53% from the end of the previous year[4] - The company's total current assets as of September 30, 2025, were RMB 115.892 billion, an increase from RMB 100.379 billion at the end of 2024[17] - The company's total assets amounted to RMB 124.202 billion as of September 30, 2025, compared to RMB 108.442 billion at the end of 2024[17] - The company's total liabilities increased to CNY 97.35 billion in 2025 from CNY 81.93 billion in 2024, reflecting a growth of 18.7%[19] - The company's contract liabilities increased to CNY 35.75 billion in 2025 from CNY 30.46 billion in 2024, reflecting a growth of 17.5%[19] Cash Flow - The company reported a cash flow from operating activities of -¥3,589,111,962.99 for the year-to-date[3] - Operating cash inflow for the first three quarters of 2025 reached CNY 75.17 billion, a 26.83% increase from CNY 59.27 billion in the same period of 2024[22] - Net cash flow from operating activities was -CNY 3.59 billion, an improvement from -CNY 7.32 billion year-over-year[23] - Cash outflow from investment activities totaled CNY 782.48 million, significantly higher than CNY 215.34 million in the previous year[23] - Cash inflow from financing activities increased to CNY 3.89 billion, compared to CNY 2.00 billion in the same period last year, marking a 94.5% increase[23] - The net increase in cash and cash equivalents was -CNY 356.77 million, a notable improvement from -CNY 5.92 billion in the previous year[23] - Cash received from sales of goods and services was CNY 65.05 billion, up from CNY 56.26 billion, reflecting a 15.5% growth[22] - Total cash outflow from operating activities was CNY 78.76 billion, compared to CNY 66.59 billion in the previous year, indicating a 18.1% increase[23] Contracts and Business Operations - The company signed new contracts totaling RMB 99.216 billion in the first three quarters of 2025, representing a year-on-year growth of 5.25%[12] - Domestic contracts accounted for RMB 73.952 billion, or 74.54% of the total new contracts, while overseas contracts amounted to RMB 25.264 billion, or 25.46%[12] - The new contracts in the oil and gas field surface engineering business reached RMB 24.218 billion, making up 24.41% of the total[12] Inventory and Receivables - The company reported a receivable balance of RMB 18.386 billion in accounts receivable, up from RMB 11.787 billion in the previous year[16] - The company’s inventory increased to RMB 19.600 billion from RMB 14.121 billion year-on-year[17] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect future financial reporting[24]