CCCC(SH:601800)2022-10-28 16:00Financial Performance - Revenue for the third quarter reached ¥178.06 billion, a year-on-year increase of 1.4%[2] - Net profit attributable to shareholders was ¥4.73 billion, a decrease of 8.9% compared to the same period last year[2] - Basic earnings per share (EPS) for the quarter was ¥0.27, down 10.0% year-on-year[2] - The company reported a 5.0% increase in revenue for the first nine months, totaling ¥541.98 billion[5] - Net profit attributable to shareholders of the parent company was CNY 15.82 billion, up 5.7% from CNY 14.96 billion year-on-year[18] - The company's operating revenue for the first three quarters of 2022 was CNY 25.45 billion, a decrease of 9.1% compared to CNY 27.99 billion in the same period of 2021[22] - Net profit for the first three quarters of 2022 was CNY 8.38 billion, up 45.3% from CNY 5.75 billion in the first three quarters of 2021[22] Assets and Liabilities - Total assets increased to ¥1.62 trillion, representing a growth of 16.4% from the previous year[3] - The company's equity attributable to shareholders rose to ¥281.46 billion, an increase of 8.1% year-on-year[3] - The company's total liabilities reached RMB 1,184.90 billion, up from RMB 999.48 billion, which is an increase of approximately 18.5%[17] - The company's current assets totaled RMB 701.04 billion, up from RMB 567.34 billion in the previous year, indicating a year-over-year increase of about 23.5%[16] - The company's long-term borrowings rose to RMB 369.55 billion from RMB 320.38 billion, reflecting an increase of approximately 15.3%[17] Cash Flow - Cash flow from operating activities for the year-to-date was ¥3.10 billion, with a significant negative cash flow of ¥42.62 billion reported for the previous period[2] - The company reported a net cash outflow from operating activities of CNY -42.62 billion, an improvement from CNY -58.52 billion in the same period last year[19] - Cash inflow from sales of goods and services reached ¥33,920,405,929, up from ¥27,818,855,478 in the previous year, indicating a growth of approximately 22.5%[23] - The total cash outflow from operating activities decreased to ¥36,147,017,927 from ¥48,401,563,630, reflecting a reduction of about 25.3%[23] Contracts and Projects - In the first nine months of 2022, the company signed new contracts totaling RMB 1,032.16 billion, a year-on-year increase of 2.5%, achieving 73% of the annual target[12] - The new contracts from overseas regions amounted to RMB 147.88 billion (approximately USD 22.92 billion), reflecting a year-on-year growth of 17.3%[12] - The total investment estimate for newly signed infrastructure projects was RMB 237.04 billion, with a confirmed contract amount of RMB 120.62 billion[12] - The construction business generated RMB 90.33 billion in new contracts, with a year-on-year increase of 1.4%[13] - The port construction segment saw a significant increase of 25.7%, reaching RMB 12.62 billion in new contracts[13] Research and Development - Research and development expenses increased to CNY 17.17 billion, representing an increase of 10.1% compared to CNY 15.60 billion in the previous year[18] - Research and development expenses for the first three quarters of 2022 were CNY 3.81 million, compared to zero in the same period of 2021, indicating a new focus on innovation[22] Shareholder Information - As of September 30, 2022, China Communications Construction Group held 9,640,032,604 shares, representing approximately 59.63% of the total share capital[11] - The company had a total of 182,801 common shareholders at the end of the reporting period[10]