2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 271,320,204, a decrease of 0.10% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was CNY 7,550,431, an increase of 15.05% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,524,715, up 15.28% from the previous year[3] - The basic earnings per share for Q3 2021 was CNY 0.277, reflecting a 4.53% increase year-on-year[3] - The diluted earnings per share for Q3 2021 was also CNY 0.277, with a year-on-year increase of 4.53%[3] - The company achieved a total revenue of RMB 770.218 billion in the first three quarters of 2021, representing a year-on-year growth of 11.83%[13] - The company reported a total comprehensive income of CNY 21,825,876 for the third quarter, compared to CNY 18,340,196 in the previous year, indicating a growth of 13.54%[20] - The net profit for the third quarter of 2021 was CNY 22,281,090, representing a growth of 14.5% from CNY 19,401,504 in the third quarter of 2020[19] - The total profit for Q3 2021 reached CNY 18,065,681 thousand, compared to CNY 2,983,141 thousand in the same period last year, marking an increase of about 507%[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,350,991,993, representing a 12.57% increase from the end of the previous year[4] - The equity attributable to shareholders at the end of the reporting period was CNY 274,765,504, an increase of 7.61% compared to the end of the previous year[4] - The company's total assets increased to CNY 1,350,991,993, up from CNY 1,200,122,108, reflecting a growth of 12.54% year-over-year[17] - The total liabilities of the company rose to CNY 1,004,745,201, compared to CNY 886,927,853, marking an increase of 13.3%[17] - The total liabilities increased to CNY 238,313,200, compared to CNY 218,886,490 in the previous year, indicating a rise of approximately 8.5%[25] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -49,821,085, primarily due to delayed payments from project owners[6] - Net cash flow from operating activities was CNY -49,821,085, compared to CNY -37,809,138 in the previous year, indicating a decline in cash generation[22] - Cash flow from operating activities for the first three quarters of 2021 was CNY 317,802 thousand, a decrease from CNY 7,280,080 thousand in the same period of 2020[28] - Cash flow from investing activities showed a net outflow of CNY 14,646,891 thousand in the first three quarters of 2021, compared to a net outflow of CNY 19,139,700 thousand in 2020[28] - Cash flow from financing activities generated a net inflow of CNY 16,136,187 thousand in the first three quarters of 2021, slightly down from CNY 16,355,655 thousand in the previous year[28] Revenue Segmentation - The company reported a decrease in revenue from real estate development, which was RMB 21.859 billion, down 7.89% year-on-year[14] - Infrastructure construction business revenue was RMB 682.844 billion, with a year-on-year growth of 12.83% and a gross margin of 7.87%[13] - The new contracts signed in the first three quarters amounted to RMB 1,466.35 billion, an increase of 8.3% year-on-year, with domestic contracts at RMB 1,385.69 billion (up 7.3%) and overseas contracts at RMB 80.66 billion (up 28.2%) [12] - The total uncompleted contracts as of September 30, 2021, reached RMB 4,275.56 billion, a growth of 14.8% from the end of the previous year[12] Research and Development - The company's R&D expenses for the first three quarters amounted to CNY 13,666,744, which is a 13.76% increase from CNY 12,014,967 in the same period last year[18] - Research and development expenses for the first three quarters were CNY 13,893, an increase from CNY 11,911 in the same period last year, reflecting a growth of 16.6%[26] Other Financial Metrics - The company's gross profit margin improved to 9.34%, an increase of 0.12 percentage points compared to the previous year[13] - The company's cash and cash equivalents as of September 30, 2021, were RMB 148.561 billion, down from RMB 174.768 billion at the end of 2020[15] - The company’s inventory increased to RMB 224.430 billion from RMB 192.662 billion at the end of 2020, indicating a growth of 16.5%[15] - The company’s fixed asset value decreased slightly to RMB 64.587 billion from RMB 65.458 billion at the end of 2020[15] - The company’s long-term receivables decreased significantly to RMB 14.598 billion from RMB 41.141 billion at the end of 2020[15] - The company's goodwill increased to CNY 1,567,880, up from CNY 1,411,891, reflecting a growth of 11.03%[16] - Deferred tax assets rose to CNY 10,222,562, compared to CNY 9,332,666, marking an increase of 9.55% year-over-year[16] - The company experienced a foreign exchange loss of CNY 27,908 thousand in Q3 2021, compared to a gain of CNY 120,721 thousand in Q3 2020[29]