CPEC(SH:600339)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was RMB 17,233,037,714, a decrease of 11.76% compared to the same period last year[2] - The net profit attributable to shareholders was RMB 242,320,676.12, down 27.13% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 232,126,849.09, a decrease of 29.48% compared to the previous year[2] - The basic earnings per share for Q3 2022 was RMB 0.0434, reflecting a decline of 27.18% year-on-year[3] - Total operating revenue for Q3 2022 reached ¥57.44 billion, an increase of 10.5% compared to ¥52.24 billion in Q3 2021[17] - Net profit for Q3 2022 was ¥885.82 million, compared to ¥820.74 million in Q3 2021, representing a year-over-year increase of 7.9%[18] - Total comprehensive income amounted to ¥885,719,958.02, an increase from ¥820,609,158.43 in the previous year, representing a growth of approximately 7.3%[20] - Basic and diluted earnings per share increased to ¥0.1577 from ¥0.1456, reflecting a rise of about 14.6%[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 103,907,626,382.25, a decrease of 0.60% from the end of the previous year[3] - The total assets as of Q3 2022 amounted to ¥103.91 billion, slightly down from ¥104.54 billion in the previous quarter[16] - Total liabilities decreased to ¥78.27 billion in Q3 2022 from ¥79.65 billion in the previous quarter, a reduction of 1.7%[15] - The equity attributable to shareholders increased to ¥25.56 billion in Q3 2022, compared to ¥24.81 billion in Q3 2021, reflecting a growth of 3.0%[16] Cash Flow - The net cash flow from operating activities showed a net outflow of RMB 11,123,547,416.34, with cash received from sales decreasing by RMB 20.13 billion year-on-year[6] - Cash flow from operating activities showed a net outflow of ¥11,123,547,416.34, worsening from a net outflow of ¥4,789,874,053.82 in the same period last year[22] - Cash inflow from operating activities totaled ¥58,683,331,820.06, down from ¥60,082,751,947.12, indicating a decrease of approximately 2.3%[22] - Cash outflow from operating activities increased to ¥69,806,879,236.40 from ¥64,872,626,000.94, marking an increase of about 7.5%[22] - Net cash flow from investing activities was ¥9,249,758,536.81, significantly up from ¥3,842,811,186.16, showing an increase of approximately 141.5%[23] - Cash and cash equivalents at the end of the period stood at ¥20,710,114,883.20, compared to ¥18,458,098,059.15 in the previous year, reflecting an increase of about 12.2%[23] - The company received ¥236,644,892.28 in tax refunds, up from ¥110,257,660.08, representing an increase of approximately 114.3%[22] - The company reported a significant increase in cash received from other operating activities, totaling ¥3,919,016,309.89, compared to ¥3,431,393,019.21, an increase of about 14.2%[22] - The company’s cash flow from financing activities showed a net inflow of ¥1,303,781,662.32, a turnaround from a net outflow of ¥934,695,954.90 in the previous year[23] Shareholder Information - The company reported a total of 66,194 common shareholders at the end of the reporting period[7] - The largest shareholder, China National Petroleum Corporation, holds 54.29% of the shares, totaling 3,030,966,809 shares[7] Contracts and Projects - In the first three quarters of 2022, the company signed new contracts worth RMB 69.019 billion, representing a year-on-year growth of 6.11%[10] - The new contracts included RMB 58.204 billion from domestic projects and RMB 10.815 billion from overseas projects[10] - The new contracts for oil and gas field surface engineering amounted to RMB 15.375 billion, accounting for 22.28% of the total[10] - The company has signed contracts worth RMB 1.0 billion that are pending execution[10] Inventory and Receivables - The company's accounts receivable as of September 30, 2022, was RMB 14.460 billion, an increase from RMB 9.197 billion at the end of 2021[12] - The total current assets as of September 30, 2022, was RMB 95.613 billion, slightly up from RMB 95.552 billion at the end of 2021[13] - The company has a total of RMB 13.622 billion in inventory as of September 30, 2022, compared to RMB 9.168 billion at the end of 2021[13] Research and Development - Research and development expenses for the period were RMB 636 million, an increase of RMB 241 million compared to the previous year[3] - Research and development expenses increased significantly to ¥635.99 million in Q3 2022, up from ¥395.49 million in Q3 2021, marking a rise of 60.6%[17] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] - The company expects to engage in related transactions with China National Petroleum Corporation, with an estimated amount of RMB 4.5 billion for sales of goods and services[11]