宁波建工(601789) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was approximately CNY 4.70 billion, a decrease of 3.49% compared to the same period last year[5]. - The net profit attributable to shareholders was approximately CNY 57.09 million, an increase of 9.91% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was approximately CNY 46.63 million, a decrease of 10.91% compared to the same period last year[6]. - The basic earnings per share for the quarter was CNY 0.0530, an increase of 11.49% year-on-year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥15,207,949,578.35, an increase of 8.5% compared to ¥14,017,482,101.70 in the same period of 2020[39]. - Net profit for the first three quarters of 2021 was ¥308,931,817.56, compared to ¥184,004,297.48 in the same period of 2020, representing a growth of 67.9%[41]. - Earnings per share for the first three quarters of 2021 were ¥0.2763, an increase from ¥0.1632 in the same period of 2020[42]. - The company reported a total comprehensive income of ¥316,290,474.23 for the first three quarters of 2021, compared to ¥192,921,781.94 in the same period of 2020[42]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 20.22 billion, an increase of 8.56% compared to the end of the previous year[6]. - The total assets as of the end of the third quarter of 2021 were ¥20,216,880,910.69, an increase from ¥18,622,308,037.43 at the end of 2020[40]. - The company's total assets were reported at CNY 18.62 billion, with a minor increase to CNY 18.64 billion[48]. - Total liabilities amounted to approximately CNY 14.83 billion, with a slight increase to CNY 14.85 billion[48]. - The total liabilities as of the end of the third quarter of 2021 amounted to ¥16,071,820,673.74, an increase from ¥14,828,094,729.92 at the end of 2020[40]. - Current liabilities totaled 14,043,462,198.81 RMB, remaining stable compared to the previous year[47]. Cash Flow - The cash flow from operating activities for the year-to-date was negative CNY 1.10 billion[6]. - The net cash flow from operating activities was -1,098,649,684.64 RMB, compared to -84,690,069.28 RMB in the previous year, indicating a significant decline[44]. - Cash inflow from operating activities for the first three quarters of 2021 was ¥17,984,971,899.06, compared to ¥13,025,954,524.88 in 2020, indicating a significant increase of 38.5%[43]. - Total cash outflow from operating activities reached 19,083,621,583.70 RMB, up from 13,110,644,594.16 RMB year-over-year[44]. - Cash inflow from investment activities was 205,901,386.72 RMB, a substantial increase from 8,959,257.07 RMB in the same period last year[44]. - The net cash flow from investment activities was -11,462,116.98 RMB, compared to -62,382,901.03 RMB in the previous year, showing improvement[44]. - Cash inflow from financing activities totaled 3,319,898,600.10 RMB, down from 4,850,173,994.34 RMB year-over-year[44]. - The net cash flow from financing activities was 834,399,225.72 RMB, compared to 136,741,865.73 RMB in the previous year, indicating a positive trend[44]. - The ending balance of cash and cash equivalents was 2,029,767,879.86 RMB, compared to 1,755,406,945.54 RMB at the end of the previous year[45]. Shareholder Information - The company's equity attributable to shareholders was approximately CNY 3.74 billion, an increase of 4.85% year-on-year[6]. - The total number of common shareholders at the end of the reporting period is 41,273[13]. - The largest shareholder, Ningbo Transportation Investment Holding Co., Ltd., holds 292 million shares, accounting for 29.92% of the total shares[14]. - Total equity attributable to shareholders of the parent company was ¥3,742,540,326.17, up from ¥3,569,466,207.59 in the previous year[40]. Research and Development - Research and development expenses increased by 51.11% compared to the previous year, indicating a focus on innovation[11]. - Research and development expenses for the first three quarters of 2021 were ¥345,839,611.88, compared to ¥228,858,929.36 in 2020, reflecting a year-on-year increase of 51.3%[40]. Legal and Dispute Matters - The company has a pending receivable of 45,517,598.82 RMB from a construction contract dispute with Ningbo Aidi Misi Sports Goods Co., Ltd.[16]. - The company has received 98,502,192.61 RMB from a construction contract dispute with Lianxi City Xirui Real Estate Development Co., Ltd., with a total claim of 125,299,046 RMB[17]. - The company has a remaining receivable of 84,446,714.30 RMB from a contract dispute with Ningbo Zhenhai Xinhengde Real Estate Development Co., Ltd.[18]. - The company has a total claim of 53 million RMB from a construction contract dispute with Ningbo Guanglong Real Estate Development Co., Ltd.[20]. - The company confirmed priority claims of CNY 169,022,736 and ordinary claims of CNY 6,352,726 in the bankruptcy case against Ningbo Nannan Real Estate Co., Ltd. as of February 2017[21]. - The company has received a total of CNY 150,651,447.16 from the bankruptcy claims as of the reporting period[21]. - The court ruled that Ningbo Qianhe Real Estate Co., Ltd. must pay CNY 39,432,865 for construction work, with the company holding priority rights over the proceeds from any auction or sale of the project[21]. - The company has received CNY 36,608,891 from the construction contract dispute with Zhejiang Lu Wang Logistics Co., Ltd. as of the reporting period[22]. - The company reached a settlement with Cangnan Wanshun Real Estate Co., Ltd. for CNY 98 million regarding a construction payment dispute[22]. - The company has received CNY 11,276,519 from the court ruling against Ningbo Ridi Solar Power Co., Ltd. for construction payments[26]. - The company holds a priority claim of CNY 28,904,231 against Henan Baitong Real Estate Co., Ltd. as confirmed by the court in May 2019[27]. - The company has received CNY 1,123,323.94 from the enforcement of a court ruling against Zhang Yun for a loan repayment[29]. - The company is pursuing CNY 24,816,393.80 in construction payments from Cixi Drainage Co., Ltd. through arbitration[29]. - The company has initiated lawsuits against various clients for unpaid project payments, including a claim for CNY 30,176,406 against Kaifeng Greentown and CNY 140,122,596.46 against Anshun Transportation Investment[30][32][34]. - The company has ongoing litigation for a total of CNY 12,458,161.58 against Fujian Bonade Technology Park Development for unpaid project payments[31].