Xin Lang Zheng Quan·2025-08-27 06:21Core Viewpoint - China Communications Construction Company (CCCC) has experienced a decline in stock price and significant net outflow of funds, indicating potential challenges in its financial performance and market perception [1][2]. Financial Performance - As of March 31, 2025, CCCC reported a revenue of 154.64 billion yuan, a year-on-year decrease of 12.58%, and a net profit attributable to shareholders of 5.47 billion yuan, down 10.98% compared to the previous year [2]. - CCCC's stock price has decreased by 8.06% year-to-date, with a slight increase of 0.65% over the last five trading days [1]. Shareholder Information - The number of shareholders for CCCC reached 155,800 as of March 31, 2025, an increase of 0.37% from the previous period, while the average number of circulating shares per shareholder decreased by 0.44% to 81,376 shares [2]. - The company has distributed a total of 48.735 billion yuan in dividends since its A-share listing, with 13.182 billion yuan distributed in the last three years [3]. Stock Market Activity - On August 27, CCCC's stock price fell by 2.10%, trading at 9.33 yuan per share with a total market capitalization of 151.879 billion yuan [1]. - The net outflow of main funds was 147 million yuan, with significant selling pressure observed, as 1.34 billion yuan was sold, accounting for 25.38% of the total trading volume [1]. Business Segments - CCCC's main business revenue composition includes infrastructure construction (88.28%), dredging (7.69%), infrastructure design (4.70%), and other businesses (3.37%) [1]. - The company operates within the construction and decoration industry, specifically focusing on municipal engineering and infrastructure development [1].