CSCEC(SH:601668) Shang Hai Zheng Quan Bao·2025-10-31 07:21Core Points - The company reported a total new contract value of 3.29 trillion yuan for the first three quarters of 2025, representing a year-on-year increase of 1.4% [8] - The company's operating revenue for the same period was 1.56 trillion yuan, showing a decline of 4.2% year-on-year [8] - The net profit attributable to shareholders was 38.18 billion yuan, down 3.8% compared to the previous year [8] Financial Data - The company’s earnings per share calculation excludes unvested and expired restricted stocks from the weighted average number of ordinary shares [4] - The company experienced a reclassification of comparative data in the consolidated profit and cash flow statements due to a merger under common control [5] Business Performance - The construction business signed new contracts worth 3.0383 trillion yuan, an increase of 1.7% year-on-year, with significant growth in industrial plants and educational facilities [8] - The real estate segment saw a contract sales amount of 255.3 billion yuan, a decrease of 2.0% year-on-year, while the sales area increased by 0.7% [10] - The overseas business signed new contracts totaling 168.4 billion yuan, up 2.0% year-on-year, with revenue from overseas operations reaching 91.9 billion yuan, an increase of 8.8% [10] Strategic Initiatives - The company is focusing on urban renewal projects and has published guidelines to enhance collaboration in consulting, investment, construction, and operation [11] - The company is implementing a "116" project management system to improve project management efficiency and enhance cash flow control [11] Shareholder Information - The controlling shareholder, China State Construction Group, plans to increase its stake in the company by investing between 600 million and 1.2 billion yuan over the next 12 months [12] - As of October 15, 2025, the controlling shareholder held approximately 57.70% of the company's total issued shares [13]