CRHIC(SH:600528)2021-10-28 16:00Financial Performance - Operating revenue for the third quarter was CNY 6,595,721,659.56, a decrease of 3.10% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 502,716,723.37, down 1.78% year-on-year[2] - Net profit excluding non-recurring gains and losses was CNY 496,854,238.15, a decrease of 2.43% compared to the same period last year[2] - Basic earnings per share for the quarter was CNY 0.23, a decline of 1.78% year-on-year[3] - The company reported a total profit of CNY 1,602,979,226.91 for Q3 2021, compared to CNY 1,554,632,788.14 in Q3 2020, indicating an increase of about 3.1%[12] - Total comprehensive income for Q3 2021 was CNY 1,425,986,702.38, compared to CNY 1,373,934,968.20 in Q3 2020, marking an increase of about 3.8%[13] Assets and Liabilities - Total assets at the end of the quarter reached CNY 47,632,846,785.02, an increase of 7.79% from the end of the previous year[3] - Total assets reached RMB 47,632,846,785.02, up from RMB 44,190,032,542.29, marking an increase of 5.53%[9] - Total liabilities were RMB 24,765,597,477.38, compared to RMB 22,300,586,563.52 in the previous year, reflecting a rise of 11.04%[9] - Current assets totaled RMB 35,159,773,324.35 as of September 30, 2021, compared to RMB 32,482,165,920.25 at the end of 2020, indicating a growth of 8.25%[8] - Non-current assets amounted to RMB 12,473,073,460.67, an increase from RMB 11,707,866,622.04 year-over-year, representing a growth of 6.54%[8] Shareholder Information - Shareholders' equity attributable to shareholders was CNY 22,305,837,416.55, up 4.68% from the previous year[3] - The total number of ordinary shareholders at the end of the reporting period was 99,273[5] - The largest shareholder, China Railway No. 2 Engineering Group Co., Ltd., held 634,973,795 shares, accounting for 28.58% of the total shares[5] Cash Flow - The net cash flow from operating activities was CNY -1,398,740,204.44, indicating a negative cash flow situation[3] - The net cash flow from operating activities for the first three quarters of 2021 was negative CNY 1,398,740,204.44, worsening from negative CNY 795,813,464.11 in the same period of 2020[14] - Net cash flow from investing activities was -$790.88 million, compared to -$564.06 million in the previous period, indicating a decline of approximately 40.2%[15] - Total cash outflow from financing activities was $781.93 million, up from $518.10 million, representing an increase of about 51%[15] - Cash inflow from financing activities decreased to $161.87 million from $291.05 million, a decline of approximately 44.4%[15] - The net increase in cash and cash equivalents was -$2.81 billion, compared to -$1.59 billion, reflecting a worsening cash position[15] Expenses - Total operating costs for the first three quarters of 2021 were RMB 18,696,315,996.10, up from RMB 16,660,939,140.97 in 2020, reflecting a growth of 12.23%[10] - Research and development expenses for Q3 2021 amounted to CNY 850,078,838.84, up from CNY 751,976,082.96 in Q3 2020, reflecting a growth of about 13.06%[12] - Sales expenses for Q3 2021 were CNY 393,644,420.03, an increase from CNY 322,745,197.6 in Q3 2020, representing a growth of approximately 22%[12] Revenue Growth - Total revenue from operating activities for the first three quarters of 2021 reached CNY 19,435,959,236.59, compared to CNY 13,333,772,001.69 in the same period of 2020, indicating a significant increase of approximately 45.9%[14] - Net profit attributable to shareholders of the parent company for Q3 2021 was CNY 1,471,583,844.72, an increase from CNY 1,403,412,404.36 in Q3 2020, representing a growth of approximately 4.86%[13] Inventory and Receivables - Accounts receivable increased to RMB 9,618,780,094.02 from RMB 7,836,183,099.74, showing a growth of 22.69%[8] - Inventory rose to RMB 15,577,231,901.93, compared to RMB 12,735,553,607.82, reflecting an increase of 22.66%[8]