Financial Performance - The company's operating revenue for 2021 was CNY 1,830,660,433.50, an increase of 6.25% compared to CNY 1,722,894,807.58 in 2020[19]. - Net profit attributable to shareholders increased by 24.37% to CNY 701,738,628.22 from CNY 564,253,591.67 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 168.39% to CNY 594,956,334.62, compared to CNY 221,676,560.09 in 2020[21]. - Cash flow from operating activities increased by 105.81% to CNY 1,599,001,011.86, up from CNY 776,929,936.95 in 2020[21]. - Basic and diluted earnings per share rose by 24.36% to CNY 0.6234, compared to CNY 0.5013 in 2020[20]. - The weighted average return on equity increased by 1.49 percentage points to 13.85% from 12.36% in the previous year[20]. - The company's total revenue for 2021 was 1.831 billion RMB, an increase of 6.25% year-on-year, with toll revenue rising by 33.32% to 1.216 billion RMB, while logistics trade revenue decreased by 10.14% to 501 million RMB[40]. - The net profit for 2021 was 700 million RMB, reflecting a year-on-year increase of 24.77%, and the net profit attributable to the parent company was 702 million RMB, up 24.37% year-on-year[41]. Dividend and Retained Earnings - The company plans to distribute a cash dividend of 1.88 yuan per 10 shares, totaling 211,618,828.78 yuan, with a cash dividend ratio of 30.16%[6]. - As of December 31, 2021, the company has retained undistributed profits amounting to 2,833,152,035.75 yuan[6]. Audit and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[4]. - The board of directors and management have confirmed the accuracy and completeness of the financial report[5]. - The company is committed to ensuring the financial report's authenticity, accuracy, and completeness[5]. - The company has not violated decision-making procedures for external guarantees[8]. - There are no significant risks or non-operating fund occupation by controlling shareholders reported[8]. - The company has not disclosed any major risk warnings in the report[8]. Operational Highlights - The increase in operating revenue was primarily due to the normalization of toll fees after the impact of COVID-19 in the previous year[21]. - In 2021, the company achieved operating revenue of 1.831 billion yuan, exceeding the annual target of 1.45 billion yuan by 126.25%[30]. - The total profit reached 808 million yuan, surpassing the annual target of 600 million yuan by 134.63%[30]. - Toll revenue for 2021 was 1.2157711 billion yuan, a year-on-year increase of 33.32%[35]. - The Jin Qiao Logistics Park achieved a revenue growth of 13.55% in 2021, with cold storage revenue increasing by 20.24%[35]. Strategic Initiatives - The company plans to leverage its unique position as the only publicly listed toll road operator in Guangxi to expand its business[33]. - The company is focusing on upgrading logistics parks and enhancing service quality to increase customs revenue and profits[69]. - The company plans to enhance highway service area operations, property management, and traffic technology as part of its dual-core strategy focusing on highways and logistics[68]. - The company aims to improve toll station efficiency and public satisfaction while expanding its road-related economic activities[69]. Market and Competition - The company faces competition from the expanding high-speed rail network, which may impact highway traffic volumes[66]. - The company recognizes opportunities from the integration with the Guangdong-Hong Kong-Macao Greater Bay Area and the development of the Western Land-Sea New Corridor[66]. - The company is facing increased market competition due to the growing number of logistics parks in Nanning and Pingxiang, leading to a more challenging environment for cold storage projects[71]. Governance and Management - The company has established a comprehensive corporate governance structure, ensuring clear responsibilities among its decision-making and supervisory bodies[74]. - The company has implemented a performance evaluation and incentive mechanism to assess annual performance and determine compensation for management[76]. - The company emphasizes maintaining the rights of stakeholders, including shareholders, creditors, and employees, while seeking policy support from local governments[77]. - The controlling shareholder, Guangxi Jiaotong Group, has committed to avoiding competition with the company by not participating in similar business activities and will communicate with the company regarding any competitive projects[78]. Legal Matters - The company is involved in multiple significant litigation and arbitration matters, indicating ongoing legal challenges[141]. - The company is involved in multiple loan contract disputes with various entities, indicating potential financial strain or operational challenges[142]. - The company has disclosed ongoing litigation and arbitration cases, which may impact its financial stability and future performance[143]. - The company is currently involved in multiple legal disputes, with various amounts claimed and court rulings issued[145]. Employee and Training Initiatives - The company’s training program achieved a 100% coverage rate for management personnel, with an average of over 90 training hours per person[118]. - The company held two employee representative meetings in 2021, addressing 11 employee proposals, resulting in increased employee satisfaction and cohesion[123]. Financial Position and Assets - The company has a total of 12 directors and supervisors, with varying levels of remuneration, the highest being 688,300 CNY for the chairman[80]. - The company has retained Rongcheng Accounting Firm for auditing services, with a fee of 650,000 yuan for the annual audit[140]. - The company has a total accounts receivable balance of ¥1,686,403,933.37, with a bad debt provision of ¥375,099,019.60[199]. - The balance of loans and advances issued was ¥136,571,366.06, with a loan impairment provision of ¥99,153,222.10[199].

2021 年第三季度报告 证券代码：600368 证券简称：五洲交通 广西五洲交通股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人周异助、主管会计工作负责人韩钢及会计机构负责人（会计主管人员）玉莉保证季度 报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 释义 在本报告书中，除非文义另有所指，下列词语具有如下含义： | 常用词语释义 | | --- | | 五洲交通、本公司、公 | 指 | 广西五洲交通股份有限公司 | | --- | --- | --- | | 司、母公司 | | | | 坛百公司 | 指 | 广西坛百高速公路有限公司（本公司全资子公司） | | 兴通公司 | 指 | 广西五洲兴通投资有限公司（本公司全资子公司） | | 金桥公司 | 指 | 广西五洲金桥农产品 ...

2019 年第三季度报告 公司代码：600368 公司简称：五洲交通 广西五洲交通股份有限公司 2019 年第三季度报告 一、 重要提示 1 / 26 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 4 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 12 | 2019 年第三季度报告 1.4 本公司第三季度报告未经审计。 1.5 释义 3 / 26 在本报告书中，除非文义另有所指，下列词语具有如下含义： 常用词语释义 五洲交通、本公司、公司、母 公司 指 广西五洲交通股份有限公司 交投集团 指 广西交通投资集团有限公司(本公司控股股东) 平宾路 指 广西南宁至柳州高速公路小平阳至宾阳段 坛百公司 指 广西坛百高速公路有限公司（本公司全资子公司） 兴通公司 指 广西五洲兴通投资有限公司（本公司全资子公司） 金桥公司 指 广西五洲金桥农产品有限公司（本公司全资子公司） 万通公司 指 广西万通国际物流有限公司（本公司控股子公司） 凭祥万通公司 指 广西凭祥万通国际物流有限公司（控股子公司万通公司的控股 子公司 ...

2016 年年度报告 公司代码：600368 公司简称：五洲交通 广西五洲交通股份有限公司 2016 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因说 | 被委托人姓名 | | --- | --- | --- | --- | | | | 明 | | | 董事 | 郑海军 | 其他公务 | 梁君 | | 董事 | 周异助 | 其他公务 | 黄新颜 | | 董事 | 杨旭东 | 其他公务 | 韩钢 | 三、 致同会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人梁君、主管会计工作负责人韩钢及会计机构负责人（会计主管人员）宋书勇声明： 保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经致同会计师事务所（特殊普通合伙）审计，公司合并报表净利润为 190,625,101.07 元， 归属于母公司股东的净利润为 222 ...

2016 年第一季度报告 公司代码：600368 公司简称：五洲交通 广西五洲交通股份有限公司 2016 年第一季度报告 1 / 23 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 13 | 2016 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人梁君、主管会计工作负责人韩钢及会计机构负责人（会计主管人员）宋书勇保证 季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 11,600,973,730 ...

Financial Performance - The company's consolidated net profit for 2015 was -218,314,069.63 yuan, with a net profit attributable to shareholders of the parent company at -95,648,328.30 yuan[3]. - The company's operating revenue for 2015 was approximately ¥2.09 billion, a decrease of 36.60% compared to ¥3.29 billion in 2014[22]. - The net profit attributable to shareholders was a loss of approximately ¥95.65 million, representing a decline of 230.25% from a profit of ¥73.43 million in 2014[22]. - The basic earnings per share decreased to -¥0.11, down 227.44% from ¥0.09 in 2014[23]. - The company's total revenue for 2015 was CNY 2.085 billion, a decrease of 36.60% compared to the previous year, primarily due to reduced income from trade and mining[53]. - The company recorded a net loss of approximately ¥182.94 million in the fourth quarter of 2015, following a trend of declining profits throughout the year[25]. - The company reported a significant decrease in mining revenue by 69.17% to $69,712,871.13, with a gross margin of -5.31%[59]. - The company reported a net profit of 5,906.65 million with a significant increase of 128.24% compared to the previous year[106]. Asset and Liability Management - The asset-liability ratio for the consolidated financial statements was 75.55% at year-end 2015[3]. - The company's total liabilities decreased significantly, with a notable reduction in current liabilities due to the reclassification of bonds maturing within one year[79]. - The company's total debt was 798,892,100 CNY at the end of the reporting period, with a repayment amount of 31,802,680 CNY during the year[149]. - The asset-liability ratio remains high, with 62% of total assets tied up in hard-to-liquidate assets such as highways and logistics parks[52]. - The company's asset-liability ratio decreased to 75.55% by the end of the reporting period, down from 77.5% at the beginning of the year, reflecting improved financial health[43]. Revenue Sources and Business Segments - The company's main revenue sources are toll fees and passenger (freight) transport fees, which are sensitive to economic cycles, leading to uncertainty in business income and financial status[131]. - The company's toll revenue for 2015 was 121,109.90 million, an increase of 8.52% compared to 2014, with traffic volume growing by 8.16%[34]. - Logistics and trade revenue fell to CNY 698 million, a decrease of 59.46% year-on-year, attributed to the company's efforts to control trade risks by reducing large commodity trade[53]. - Real estate revenue dropped to CNY 55 million, down 60.75% year-on-year, mainly due to the "Wuzhou International" project nearing completion and a sluggish real estate market affecting sales[53]. - The company is actively expanding its logistics and real estate businesses, although highway toll revenue remains the primary source of income[110]. Dividend Policy and Shareholder Returns - The company plans not to distribute any cash dividends for 2015, with all undistributed profits carried forward to future years[5]. - The earnings per share available for distribution to shareholders was -0.11 yuan, indicating a special circumstance as per the company's articles of association[3]. - The company will not distribute any cash dividends for 2015 due to the special circumstances outlined in its articles of association[143]. - The cash dividend policy stipulates that at least 10% of the distributable profit should be distributed in profitable years, but this was not applicable for 2015[143]. - The company had a retained earnings balance of 1,185,649,004.78 RMB carried forward to future years[142]. Operational Efficiency and Cost Management - The company implemented effective cost control measures, coordinating funds and optimizing asset management, leading to increased rental income from highway service areas[47]. - Operating costs decreased by 52.04% to $1,118,773,123.82, resulting in a gross margin of 46.53%[55]. - The net cash flow from operating activities increased significantly by 261.54% to $966,853,604.55[55]. - The company has acknowledged the existence of non-operating fund occupation by controlling shareholders and their related parties[7]. Strategic Developments and Future Plans - The company plans to continue reducing its commodity trading business, which has significantly impacted revenue[23]. - The company aims to enhance its core competitiveness by concentrating on toll roads and related businesses while improving management practices[43]. - The company plans to enhance capital operation capabilities and aims to complete a share financing in the first half of 2016[116]. - The company intends to develop logistics services and cross-border e-commerce platforms, leveraging its position as a new hub along the "Maritime Silk Road"[115]. - The company is committed to project implementation, including the expansion of cross-border e-commerce and the development of self-owned brands for high-quality agricultural products[123]. Risk Management and Compliance - The company has not violated regulations regarding decision-making procedures for providing guarantees[7]. - There are no significant risk warnings reported for the company[7]. - The company is currently involved in multiple legal disputes, including contract disputes and debt transfer agreements, but these do not affect the consolidated financial statements due to the divestment of certain subsidiaries[160]. - The company has identified weaknesses in the management of accounts receivable, including inadequate risk control measures in subsidiaries[152]. - The company is focusing on improving the governance structure of its subsidiaries to ensure effective risk management and accountability[153]. Corporate Governance and Internal Controls - The company is committed to ensuring the accuracy and completeness of the annual report, with key personnel assuming legal responsibility[4]. - A total of 88 internal regulations have been revised, with 64 regulations proposed for merging, adjusting, or abolishing to strengthen internal controls[152]. - The company has enhanced daily management of accounts receivable and established specific personnel responsible for collections in subsidiaries[153]. - The company emphasizes the importance of internal management and risk control, aiming to establish a unified internal management system across the organization[126]. Environmental and Social Responsibility - The company has not faced any environmental violations or penalties during the reporting period[188]. - The company has implemented various social responsibility initiatives, including educational support activities for underprivileged students[187]. - The company’s subsidiaries are currently in a state of suspension due to non-compliance with environmental protection standards, but no illegal discharges have occurred[188].