Xin Lang Cai Jing·2025-09-22 06:45Core Viewpoint - China Communications Construction Company (CCCC) has experienced a decline in stock price and financial performance, indicating potential challenges in the infrastructure sector [1][2]. Financial Performance - As of June 30, 2025, CCCC reported a revenue of 337.06 billion yuan, a year-on-year decrease of 5.71% [2]. - The net profit attributable to shareholders was 9.568 billion yuan, reflecting a year-on-year decline of 16.06% [2]. - Year-to-date, CCCC's stock price has dropped by 14.27%, with a 2.68% decrease over the last five trading days and a 9.66% decrease over the last 20 days [1]. Stock Market Activity - On September 22, CCCC's stock fell by 2.03%, trading at 8.70 yuan per share with a total transaction volume of 278 million yuan [1]. - The company experienced a net outflow of 72.0018 million yuan in principal funds, with significant selling pressure observed [1]. - The total market capitalization of CCCC is approximately 141.624 billion yuan [1]. Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 4.65% to 148,600, while the average number of circulating shares per person increased by 5.19% to 85,600 shares [2][3]. - CCCC 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]. Business Overview - CCCC's main business segments include infrastructure construction (88.48%), dredging (6.92%), infrastructure design (4.08%), and other activities (3.63%) [1]. - The company is categorized under the construction and decoration industry, specifically in municipal engineering [1].