CPEC(SH:600339)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 19.53 billion, representing a year-on-year increase of 17.73%[2] - The net profit attributable to shareholders for Q3 2021 was CNY 332.55 million, a decrease of 4.92% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 329.14 million, an increase of 2.86% year-on-year[2] - The company achieved a cumulative operating revenue of CNY 52.24 billion for the first three quarters, up 16.24% year-on-year[3] - The gross profit for the first three quarters was CNY 3.63 billion, an increase of CNY 312 million compared to the previous year[3] - Total operating revenue for Q3 2021 reached ¥52.24 billion, an increase of 16.3% compared to ¥44.94 billion in the same period of 2020[15] - Net profit for Q3 2021 was ¥820.74 million, representing a 30% increase from ¥631.36 million in Q3 2020[16] - Earnings per share for Q3 2021 were ¥0.1456, compared to ¥0.1121 in Q3 2020, marking a 30% increase[17] - The company reported a total comprehensive income of ¥820.61 million for Q3 2021, compared to ¥631.48 million in Q3 2020, reflecting a growth of 30%[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 106.57 billion, a slight increase of 0.24% from the end of the previous year[3] - As of September 30, 2021, the company had a total of RMB 97.550 billion in current assets, a slight decrease from RMB 98.110 billion at the end of 2020[13] - The company's total assets amounted to RMB 106.572 billion, compared to RMB 106.311 billion at the end of 2020[13] - The company reported a total of RMB 5.578 billion in accounts payable and RMB 33.739 billion in accounts receivable as of September 30, 2021[13] - The company's total liabilities amounted to ¥81.35 billion, slightly down from ¥81.63 billion in the previous quarter[14] - Current liabilities reached ¥79,893,354,926.89, down by ¥108,026,578.03 compared to the previous period[24] - Total liabilities were ¥81,629,679,435.68, showing a decrease of ¥994,078,998.93 from the last reporting period[24] - Shareholders' equity totaled ¥24,681,546,649.69, remaining unchanged from the previous period[24] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -4.74 billion, indicating a significant cash outflow[2] - Operating cash inflow for the first three quarters of 2021 reached CNY 60.13 billion, a 25.3% increase from CNY 48.03 billion in the same period of 2020[19] - Net cash flow from operating activities was negative CNY 4.74 billion, an improvement from negative CNY 7.19 billion year-on-year[19] - Cash outflow from investing activities totaled CNY 585.98 million, compared to CNY 258.09 million in the previous year, resulting in a net cash flow from investing activities of negative CNY 497.59 million[19] - Cash inflow from financing activities was CNY 1.5 billion, slightly down from CNY 1.53 billion in the previous year[21] - Net cash flow from financing activities was negative CNY 934.70 million, worsening from negative CNY 244.73 million year-on-year[21] - The total cash and cash equivalents at the end of the period stood at CNY 23.34 billion, compared to CNY 23.16 billion at the end of the same period last year[21] - The company received CNY 70.68 million from investment recoveries, up from CNY 34.83 million in the previous year[19] - Cash paid to employees increased to CNY 8.52 billion, compared to CNY 7.69 billion in the previous year, reflecting a 10.9% rise[19] - The company reported a total operating cash outflow of CNY 64.87 billion, an increase of 17.5% from CNY 55.22 billion in the previous year[19] Contracts and Market Expansion - The company signed new overseas contracts worth CNY 109.12% more than the previous year, indicating strong market expansion efforts[3] - The company signed new contracts worth RMB 65.043 billion in the first three quarters, with domestic contracts accounting for RMB 49.514 billion (76.1%) and overseas contracts RMB 15.529 billion (23.9%) [9] - The new contracts include RMB 12.613 billion (19.39%) from oil and gas field surface engineering, RMB 17.580 billion (27.03%) from pipeline and storage engineering, RMB 24.156 billion (37.14%) from refining and chemical engineering, and RMB 10.694 billion (16.44%) from environmental engineering and project management [9] Research and Development - Research and development expenses for Q3 2021 were ¥395.49 million, significantly higher than ¥231.13 million in Q3 2020, indicating a 71% increase[15] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]