Financial Performance - As of September 30, 2022, the company achieved operating revenue of RMB 798,421,540 thousand, representing an increase of 8.56% compared to the same period last year[2]. - The net profit attributable to shareholders was RMB 18,747,442 thousand, reflecting a growth of 4.90% year-on-year[4]. - The basic earnings per share for the reporting period was RMB 1.23, a decrease of 0.29 compared to the previous year[4]. - Total revenue for the first three quarters of 2022 reached RMB 798,421,540 thousand, an increase of 8.55% compared to RMB 735,474,689 thousand in the same period of 2021[28]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was RMB 18,747,442 thousand, a rise of 4.88% from RMB 17,872,402 thousand in 2021[30]. - The company reported a total comprehensive income attributable to the parent company of RMB 22,972,793 thousand for the first three quarters of 2022, compared to RMB 20,816,882 thousand in 2021, marking an increase of 10.39%[32]. Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 1,535,573,584 thousand, showing a year-on-year increase of 13.50%[4]. - The total liabilities as of September 30, 2022, were CNY 1,166,126.495 million, compared to CNY 1,006,477.010 million as of December 31, 2021, indicating an increase in liabilities[26]. - The total equity attributable to shareholders of the parent company as of September 30, 2022, was RMB 282,757,407 thousand, an increase from RMB 268,789,292 thousand at the end of 2021[27]. - The total liabilities as of September 30, 2022, amounted to 39,173,315 thousand RMB, up from 36,687,968 thousand RMB at the end of 2021, reflecting an increase of 4.3%[44]. - The total equity as of September 30, 2022, was 168,361,609 thousand RMB, compared to 162,670,662 thousand RMB at the end of 2021, indicating a growth of 3.9%[44]. Cash Flow - The company reported a cash flow from operating activities of RMB -1,167,520 thousand for the reporting period[4]. - Operating cash inflow for the first three quarters of 2022 was 829,093,657, an increase from 711,601,447 in 2021, representing a growth of approximately 16.5%[35]. - Cash outflow from operating activities totaled 830,261,177 in 2022, compared to 759,832,579 in 2021, resulting in a net cash flow from operating activities of -1,167,520, an improvement from -48,231,132 in the previous year[36]. - Cash inflow from financing activities totaled 7,996,423 in the first three quarters of 2022, up from 5,298,760 in the same period of 2021, representing a 51.9% increase[53]. - Cash outflow from financing activities decreased to 11,251,030 in 2022 from 19,069,574 in 2021, a reduction of 41.5%[53]. - The net increase in cash and cash equivalents for the period was 14,849,549 in 2022, a turnaround from a decrease of 16,169,979 in 2021[53]. Contracts and Business Segments - The total amount of new contracts signed from the beginning of 2022 to the end of the reporting period reached 1,843.668 billion RMB, representing a year-on-year growth of 17.71%[16]. - Domestic business new contracts accounted for 91.86% of the total, amounting to 1,693.5151 billion RMB, with a year-on-year increase of 16.55%[16]. - The engineering contracting sector saw new contracts worth 1,067.8872 billion RMB, with a year-on-year increase of 22.76%[18]. - The green environmental protection sector experienced significant growth, with new contracts totaling 115.9795 billion RMB, marking a year-on-year increase of 144.23%[18]. - The real estate development sector faced a decline, with new contracts amounting to 68.7535 billion RMB, reflecting a year-on-year decrease of 24.34%[18]. - The total amount of uncompleted contracts as of September 30, 2022, was 5,557.4431 billion RMB, reflecting a year-on-year growth of 23.47%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 278,137[10]. - The largest shareholder, China Railway Construction Group Co., Ltd., held 51.13% of the shares[11]. - The company has not disclosed any information regarding the relationship or concerted actions among the top ten unrestricted shareholders[14]. Research and Development - Research and development expenses for the first three quarters of 2022 were RMB 14,047,694 thousand, slightly down from RMB 14,268,799 thousand in 2021[28]. - Research and development expenses for the first three quarters of 2022 were 5,660 thousand RMB, indicating ongoing investment in innovation[46]. Debt and Financing - The company reported a significant increase in short-term borrowings, rising to CNY 92,999.590 million from CNY 46,057.400 million year-on-year[25]. - The company’s long-term borrowings increased to CNY 148,799.830 million from CNY 115,044.574 million year-on-year, reflecting a strategy to leverage debt for growth[26]. - Long-term borrowings increased to 4,247,030 thousand RMB as of September 30, 2022, compared to 2,328,564 thousand RMB at the end of 2021, representing an increase of 82.5%[43].
中国铁建(01186) - 2022 Q3 - 季度财报