2020-10-30 16:00Financial Performance - Operating revenue for the first nine months was CNY 686,531,014, representing a year-on-year growth of 20.41%[4] - Net profit attributable to shareholders was CNY 18,260,162, up 17.98% from the same period last year[4] - Basic earnings per share increased to CNY 0.690, reflecting a growth of 12.56% compared to the previous year[4] - Total operating revenue for Q3 2020 reached RMB 272,449,531 thousand, a 29.7% increase from RMB 209,984,143 thousand in Q3 2019[24] - Net profit for Q3 2020 was RMB 7,003,010 thousand, up 28.2% from RMB 5,458,739 thousand in Q3 2019[26] - The company achieved a total profit of RMB 8,751,714 thousand in Q3 2020, a 26.0% increase from RMB 6,935,734 thousand in Q3 2019[26] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,208,429,947, an increase of 14.41% compared to the end of the previous year[4] - Current assets totaled CNY 788,023,215 thousand, up from CNY 709,530,481 thousand, indicating an increase of about 11.0% year-over-year[20] - Total liabilities amounted to CNY 924,933,594 thousand, compared to CNY 810,710,931 thousand, which is an increase of about 14.0%[21] - The equity attributable to shareholders was CNY 240,277,338 thousand, up from CNY 221,457,841 thousand, showing a growth of approximately 8.0%[21] - The total non-current assets reached CNY 420,406,732 thousand, up from CNY 346,655,446 thousand, which is an increase of approximately 21.2%[21] Cash Flow - The net cash flow from operating activities for the first nine months was CNY -37,809,138, an improvement from CNY -40,916,475 in the same period last year[4] - Operating cash inflow for the first three quarters of 2020 reached CNY 49,669,809 thousand, a significant increase from CNY 38,776,079 thousand in the same period of 2019, representing a growth of approximately 28.8%[33] - The net cash flow from operating activities turned positive at CNY 7,280,080 thousand, compared to a negative cash flow of CNY -10,272,162 thousand in the previous year[33] - Cash inflow from financing activities amounted to CNY 63,341,828 thousand, an increase from CNY 37,264,379 thousand in 2019, reflecting a growth of approximately 70.1%[34] - The net cash flow from financing activities was CNY 16,355,655 thousand, recovering from a negative cash flow of CNY -19,514,202 thousand in the previous year[34] Contracts and Revenue Generation - In the first three quarters of 2020, the company achieved a new contract value of CNY 1,354.2 billion, representing a year-on-year increase of 24.3%[12] - The company's total operating revenue for the first three quarters was CNY 688.763 billion, a year-on-year growth of 20.44%[12] - The infrastructure construction business generated revenue of CNY 605.185 billion, with a year-on-year increase of 21.91%[12] - The railway business signed new contracts worth CNY 184.71 billion, reflecting a year-on-year growth of 24%[14] - The highway business saw a significant increase in new contracts, totaling CNY 201.93 billion, which is a 66% year-on-year increase[14] Research and Development - Research and development expenses increased to RMB 5,820,009 thousand in Q3 2020, representing a 17.9% rise from RMB 4,924,385 thousand in Q3 2019[24] - Research and development expenses in Q3 2020 were CNY 3,536 thousand, a decrease of 48.7% from CNY 6,894 thousand in Q3 2019[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 581,879, with the largest shareholder holding 47.21% of the shares[7] Company Developments - The company has not reported any new product or technology developments in this quarter[8] - There are no significant mergers or acquisitions reported during this period[8] - The company is focused on high-quality development and expanding into emerging markets while maintaining stable operations amid the pandemic[12]