西部建设(002302) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥7,017,097,590.58, representing a year-on-year increase of 6.08%[6] - The net profit attributable to shareholders for Q3 2021 was ¥194,052,707.58, a decrease of 45.26% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥190,269,556.83, down 44.13% year-on-year[6] - The basic earnings per share for Q3 2021 was ¥0.1537, a decrease of 45.26% compared to the same period last year[7] - The net profit for the quarter was CNY 651,159,354.03, a decrease of 16.1% from CNY 776,519,030.93 in the same period last year[23] - The earnings per share (EPS) for the quarter was CNY 0.4418, down from CNY 0.5150 in the previous year[24] - The company reported a total profit of CNY 796,454,869.87, down from CNY 984,517,432.84, representing a decline of 19.1% year-over-year[23] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥30,297,885,059.37, an increase of 27.12% from the end of the previous year[7] - The company's total current assets as of September 30, 2021, amount to ¥26,167,870,587.49, an increase from ¥20,484,985,925.44 at the end of 2020[16] - The total assets of the company as of September 30, 2021, are ¥30,297,885,059.37, up from ¥23,833,615,558.88 at the end of 2020[17] - The total liabilities reached CNY 19,755,023,118.39, compared to CNY 13,777,180,726.18 in the previous year, indicating a significant increase of 43.3%[20] - The total liabilities include accounts payable of ¥14,506,391,328.38, which increased from ¥10,689,148,304.42 year-over-year[17] - The company reported a significant increase in contract liabilities to ¥369,159,489.80 from ¥171,471,691.31 year-over-year[17] - Total assets decreased to CNY 23.83 billion from CNY 24.56 billion, a reduction of CNY 722.13 million[29] - Total liabilities decreased to CNY 13.78 billion from CNY 14.50 billion, a reduction of CNY 722.13 million[30] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥1,756,352,000.79, reflecting an increase of 11.36% year-on-year[7] - The net cash flow from operating activities for the current period was -1,756,352,000.79 yuan, an improvement from -1,981,406,334.87 yuan in the previous period, indicating a reduction in cash outflow[26] - Cash inflow from operating activities totaled 7,515,254,367.86 yuan, compared to 6,694,901,345.40 yuan in the previous period, reflecting a year-over-year increase of approximately 12.3%[25] - Cash outflow from operating activities was 9,271,606,368.65 yuan, up from 8,676,307,680.27 yuan, representing an increase of about 6.8%[26] - The company reported a cash balance of 2,698,885,863.79 yuan at the end of the period, compared to 2,474,316,598.52 yuan at the end of the previous period, showing an increase of approximately 9.1%[26] - The total cash outflow from financing activities was 1,227,691,835.87 yuan, significantly higher than 667,480,113.44 yuan in the previous period, indicating increased financing efforts[26] - The company received 798,950,000.00 yuan in cash from borrowings, which is an increase from 510,535,703.00 yuan in the previous period, reflecting a 56.5% increase in financing through loans[26] - The cash flow from investment activities was -141,254,672.54 yuan, an improvement from -198,703,526.86 yuan in the previous period, indicating better management of investment cash flows[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 69,748[12] - The largest shareholder, China State Construction Engineering Corporation, holds 31.43% of shares, totaling 396,731,588 shares[12] - The top ten shareholders are primarily state-owned enterprises, indicating a concentrated ownership structure[12] - The company has no preferred shareholders as indicated in the report[13] Expenses - The total operating costs amounted to CNY 18,516,440,750.03, up from CNY 15,172,173,723.89, reflecting a year-over-year increase of 22.5%[22] - Research and development expenses increased to CNY 444,223,742.20, compared to CNY 367,413,705.14, marking a rise of 20.9% year-over-year[22] - The financial expenses for the quarter were CNY 37,397,699.46, an increase from CNY 25,901,466.02, indicating a rise of 44.5%[22] - The company’s financial expenses increased by 44.38% year-on-year, primarily due to the implementation of new leasing standards[10] - The company paid 995,485,278.54 yuan to employees, which is an increase from 743,224,615.01 yuan, reflecting a rise of approximately 33.9% in employee compensation[25] Other Information - The company has implemented new leasing standards effective from January 1, 2021, impacting financial reporting[31] - The report for the third quarter was not audited[31] - The company holds investment properties valued at CNY 20.97 billion[29] - The company has a goodwill value of CNY 444.97 million[29]