中国电建(601669) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 139.34 billion, representing a year-on-year increase of 6.48% compared to CNY 130.87 billion in the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was CNY 2.71 billion, up 7.77% from CNY 2.51 billion in Q3 2022[4]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was CNY 2.65 billion, an increase of 16.54% compared to CNY 2.27 billion in the same period last year[4]. - Total operating revenue for the first three quarters of 2023 reached ¥421.40 billion, an increase of 6.5% compared to ¥397.09 billion in the same period of 2022[40]. - Operating profit for the first three quarters of 2023 was ¥14.83 billion, slightly up from ¥14.49 billion in the same period of 2022, reflecting a growth of 2.3%[52]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥9.49 billion, an increase of 10.2% from ¥8.61 billion in the same period of 2022[56]. Cash Flow - The net cash flow from operating activities for Q3 2023 decreased by 23.34% to CNY 3.38 billion from CNY 4.40 billion in Q3 2022[4]. - The company reported a net cash outflow from operating activities of ¥452.20 billion for the first three quarters of 2023, compared to ¥426.01 billion in the same period of 2022[68]. - The cash flow from operating activities decreased significantly, with cash inflows of CNY 36,465,109,958.26 in the first nine months of 2023, down from CNY 60,381,205,866.63 in the same period of 2022[107]. - The net cash flow from operating activities was -35,923,401,231.06 RMB, compared to -17,928,935,806.98 RMB in the previous period, indicating a significant decline[69]. - The total cash inflow from investment activities was 3,380,961,913.45 RMB, down from 22,863,021,501.59 RMB year-over-year[72]. - The net cash flow from investment activities was -62,035,850,101.23 RMB, compared to -35,809,703,070.52 RMB in the previous period, reflecting increased outflows[75]. - Cash inflow from financing activities totaled 214,985,873,718.67 RMB, slightly up from 214,078,957,557.72 RMB year-over-year[78]. - The net cash flow from financing activities was 100,623,360,090.60 RMB, compared to 70,155,009,563.24 RMB in the previous period, showing a strong increase[81]. Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 1.20 trillion, reflecting a year-on-year growth of 15.24% from CNY 1.04 trillion at the end of the previous year[5]. - The total liabilities increased to ¥933.63 billion in Q3 2023, up from ¥799.76 billion in Q3 2022, representing a growth of 16.7%[39]. - The total equity increased to ¥264.97 billion in Q3 2023, compared to ¥240.35 billion in Q3 2022, marking an increase of 10.2%[39]. - The company's total equity attributable to shareholders was RMB 305.12 billion, compared to RMB 267.83 billion at the end of 2022, reflecting an increase of approximately 13.9%[29]. - Current assets amounted to RMB 511.17 billion, up from RMB 415.74 billion at the end of 2022, indicating a growth of about 23%[21]. - Non-current assets totaled RMB 687.43 billion, an increase from RMB 624.37 billion at the end of 2022, reflecting a growth of about 10.1%[32]. Shareholder Activities - The controlling shareholder, Power Construction Group, intends to increase its stake in the company by 1% to 2% of the total issued shares, with a total investment not exceeding RMB 2.4 billion[13]. - The company plans to spin off its subsidiary, China Power Construction New Energy Group Co., Ltd., for a listing on the Shanghai Stock Exchange, which has been approved by the board and shareholders[13]. Investment and Expenses - Research and development expenses for the first three quarters of 2023 were ¥13.31 billion, up 11.9% from ¥11.90 billion in the same period of 2022[45]. - The total operating costs for the first three quarters of 2023 were ¥404.41 billion, an increase of 6.1% compared to ¥381.13 billion in the same period of 2022[42]. - The company paid CNY 2,423,986,603.96 in dividends and interest in Q3 2023, compared to CNY 3,063,845,228.52 in Q3 2022[108].