CCCC(SH:601800)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 181.91 billion, an increase of 2.17% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was CNY 4.84 billion, reflecting a growth of 2.33% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4.32 billion, with a year-on-year increase of 0.56%[3]. - Total operating revenue for the first three quarters of 2023 reached CNY 547.70 billion, a slight increase from CNY 542.00 billion in the same period of 2022, representing a growth of approximately 1.3%[21]. - Net profit for the first three quarters of 2023 was CNY 20.73 billion, compared to CNY 19.74 billion in 2022, indicating an increase of about 5.0%[21]. - The total comprehensive income for the first three quarters of 2023 was CNY 20.30 billion, compared to CNY 18.06 billion in 2022, representing a growth of about 12.4%[22]. - The basic earnings per share for the first three quarters of 2023 was CNY 0.94, compared to CNY 0.91 in 2022, reflecting an increase of approximately 3.3%[22]. Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 1.79 trillion, up 18.66% from the end of the previous year[4]. - The company's total liabilities as of September 30, 2023, amounted to CNY 1,348.39 billion, up from CNY 1,085.18 billion at the end of 2022, reflecting a growth of approximately 24.3%[20]. - The company's total liabilities as of September 30, 2023, were RMB 768.551 billion, compared to RMB 616.368 billion at the end of 2022, indicating an increase in leverage[19]. - The company's total current liabilities increased to CNY 128,974,502,820 from CNY 110,145,835,001 at the end of 2022, reflecting a rise in short-term borrowings[26]. - The total non-current liabilities increased to CNY 522.35 billion from CNY 423.83 billion, marking an increase of about 23.3%[20]. Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 451.48 million, which is not applicable for year-on-year comparison[3]. - The net cash flow from operating activities was negative at CNY -49.83 billion, worsening from CNY -42.62 billion year-on-year[24]. - The total cash inflow from investment activities decreased significantly to CNY 14.16 billion from CNY 25.04 billion in the previous year[24]. - The net cash flow from investment activities was negative at CNY -50.21 billion, compared to CNY -35.47 billion in the same period last year[24]. - The cash inflow from financing activities increased to CNY 312.39 billion, up from CNY 287.32 billion year-on-year[24]. - The net cash flow from financing activities improved to CNY 146.70 billion, compared to CNY 116.53 billion in the previous year[24]. - In the first three quarters of 2023, the net cash flow from operating activities was -8.36 billion RMB, a significant decrease compared to 6.75 billion RMB in the same period of 2022[28]. - Total cash inflow from operating activities was 34.33 billion RMB, down from 42.89 billion RMB year-on-year, representing a decline of approximately 19.8%[28]. - The net cash flow from financing activities was 27.15 billion RMB, compared to 5.10 billion RMB in the previous year, indicating a significant increase[28]. Investments and Growth Plans - The company plans to continue expanding its market presence and investing in new projects, particularly in wind power installations[7]. - The company plans to expand its market presence in overseas regions, focusing on infrastructure projects in emerging markets[15]. - The company reported a significant increase in cash and cash equivalents by 41.3% due to business expansion and increased funding[7]. - Research and development expenses for the first three quarters of 2023 were CNY 17.24 billion, slightly up from CNY 17.17 billion in the same period of 2022, indicating a growth of about 0.4%[21]. - Research and development expenses increased significantly to CNY 14,532,917, compared to CNY 3,812,618 in the previous year, indicating a focus on innovation[27]. Shareholder Information - The total number of ordinary shareholders reached 149,944, with the largest shareholder holding 57.64% of the shares[10]. - The company's total equity increased to CNY 445.12 billion from CNY 426.29 billion, indicating a growth of approximately 4.4%[20]. - The total equity attributable to shareholders decreased to CNY 125,083,007,042 from CNY 128,949,894,047, indicating a decline in shareholder value[26].