Financial Performance - The company's operating revenue for Q3 2021 was ¥73,344,373,687.73, representing a year-on-year increase of 19.70%[4] - The net profit attributable to shareholders for Q3 2021 was ¥1,585,572,169.13, reflecting a significant increase of 58.59% compared to the same period last year[4] - The basic earnings per share for Q3 2021 was ¥0.17, up by 54.55% year-on-year[5] - The company achieved operating revenue of CNY 208.56 billion in Q3 2021, representing a year-on-year growth of 26.08%[13] - The net profit attributable to shareholders reached CNY 2.96 billion, up 31.95% year-on-year[13] - Net profit for Q3 2021 reached ¥3,091,541,637.06, an increase from ¥2,402,233,256.55 in Q3 2020, representing a growth of approximately 28.8%[22] - The net profit attributable to shareholders of the parent company was ¥2,959,547,002.42, up from ¥2,243,009,477.67, indicating a year-over-year increase of about 32%[22] - Total comprehensive income for Q3 2021 was ¥3,087,506,855.33, compared to ¥2,450,193,470.75 in the same period last year, reflecting a growth of approximately 26%[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥339,692,190,798.28, an increase of 5.71% from the end of the previous year[5] - Total assets as of the end of Q3 2021 were ¥339.69 billion, compared to ¥321.36 billion at the end of Q3 2020, marking an increase of 5.7%[20] - Total liabilities as of the end of Q3 2021 were ¥289.37 billion, up from ¥277.46 billion in the same period of 2020, reflecting a growth of 4.0%[20] - Current assets totaled ¥264.10 billion, an increase from ¥255.86 billion in the previous year, representing a growth of 3.9%[20] - Non-current assets reached ¥75.59 billion, compared to ¥65.50 billion in the same period of 2020, indicating a growth of 15.5%[20] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥11,779,732,312.27, showing a decrease of 35.21% year-on-year[4] - Cash inflow from operating activities for the first three quarters of 2021 was ¥228,351,209,559.09, compared to ¥170,047,077,140.07 in the same period of 2020, representing a growth of about 34.3%[24] - Cash outflow from operating activities totaled ¥240,130,941,871.36, up from ¥188,228,579,544.74, resulting in a net cash flow from operating activities of -¥11,779,732,312.27[24] - Cash inflow from investment activities was ¥3,459,145,324.61, compared to ¥1,493,602,595.16 in the previous year, indicating a significant increase of approximately 131.5%[24] - Cash outflow from financing activities was ¥28,714,383,504.66, compared to ¥19,251,058,581.02, leading to a net cash flow from financing activities of ¥1,869,337,925.71[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 181,441[9] - The top shareholder, Shanghai Construction Group Co., Ltd., holds 2,688,670,545 shares, representing 30.19% of total shares[9] Contracts and Business Segments - The company signed new contracts totaling 309.15 billion RMB during the reporting period, with 59.69% from the Shanghai market[10] - The construction segment reported a contract amount of 775.98 million RMB for Q3 2021, showing a year-on-year increase of 25.78%[11] - The real estate development segment saw a significant increase of 134.05% year-on-year, with a contract amount of 45.72 million RMB for Q3 2021[11] - The design consulting segment maintained stable growth with a contract amount of 63.82 million RMB for Q3 2021, a 5.51% increase year-on-year[11] - The company signed new contracts worth CNY 165.42 billion in urban renewal and CNY 227.46 billion in new infrastructure projects during the reporting period[12] Expenses and Financial Metrics - Sales expenses increased by 35.92% due to the expansion of the company's business scale[8] - Investment income rose by 76.24% as the company received more dividends from non-current financial assets[8] - The company experienced a 50.11% increase in financial expenses due to expanded financing activities and increased interest expenses[8] - Research and development expenses for the first three quarters of 2021 amounted to ¥6.22 billion, an increase from ¥5.35 billion in the same period of 2020, reflecting a growth of 16.2%[21] Strategic Initiatives - The company has actively expanded into six emerging business areas, contributing to the growth in new contracts[10] - The company is actively integrating its environmental sector and establishing "Shanghai Construction Environment Technology" to lead in soil remediation technology[16] - The total installed capacity of distributed photovoltaic power stations operated by the company reached 8.81 MW, contributing to its clean energy initiatives[16] - The company is expanding its photovoltaic technology applications in the construction sector to reduce energy consumption and carbon emissions[16] - Major projects such as the Shanghai Semiconductor Industry Park and the Starship Industrial Fenhu Super Factory are progressing as planned[15] Accounting Policies - The company adopted the new leasing standards effective January 1, 2021, impacting accounting policies[29]