Financial Performance - The company's operating revenue for Q3 2024 was ¥1,271,450,135.34, a decrease of 5.64% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥500,935,260.34, an increase of 6.45% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥515,479,932.95, up by 5.21% compared to the previous year[2] - The company's basic earnings per share for Q3 2024 was ¥0.24, an increase of 4.35% year-on-year[2] - Total operating revenue for the current period is CNY 3,502,315,797.54, a decrease of 5.02% from CNY 3,687,828,283.36 in the previous period[13] - Net profit for the current period is CNY 1,808,806,778.25, compared to CNY 1,850,288,783.46 in the previous period, reflecting a decrease of 2.25%[14] - Total comprehensive income for the current period is CNY 1,950,355,165.80, an increase from CNY 1,855,449,962.26 in the previous period[14] - Earnings per share remain stable at CNY 0.65 for both the current and previous periods[14] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥22,306,259,115.65, reflecting a growth of 4.39% from the end of the previous year[2] - The total assets of Guangdong Provincial Highway Development Co., Ltd. increased to CNY 22,306,259,115.65, up from CNY 21,368,963,167.41 at the beginning of the period, representing a growth of approximately 4.39%[10] - The company's current assets decreased to CNY 4,742,730,600.99 from CNY 4,956,632,331.78, a decline of about 4.31%[10] - The total liabilities increased to CNY 9,293,703,903.11 from CNY 8,960,157,363.83, reflecting a growth of about 3.71%[11] - Short-term borrowings surged to CNY 290,197,361.11 from CNY 110,085,708.33, indicating a significant increase of approximately 163.56%[11] - The total equity attributable to shareholders increased by 3.59% to ¥10,201,512,484.28 compared to the end of the previous year[2] - The total equity attributable to shareholders of the parent company increased to CNY 10,201,512,484.28 from CNY 9,847,531,855.89[12] - Total liabilities and equity increased to CNY 22,306,259,115.65 from CNY 21,368,963,167.41[12] - Minority interests increased to CNY 2,811,042,728.26 from CNY 2,561,273,947.69, indicating growth in minority shareholder value[12] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 15.42% to ¥2,531,541,029.96[2] - The company experienced a 68.50% decrease in cash received from operating activities compared to the previous year, primarily due to a lack of government subsidies received in the prior period[6] - Cash flow from operating activities is CNY 3,600,244,630.11, down from CNY 3,739,174,181.58 in the previous period[15] - Operating cash inflow for the period was CNY 3,685,404,043.44, a decrease of 8.1% from CNY 4,009,503,174.62 in the previous period[16] - Total cash outflow for operating activities was CNY 1,153,863,013.48, an increase of 13.5% from CNY 1,016,395,107.52 in the previous period[16] Investments and Expenditures - The company reported a significant increase in construction projects, with a rise of 45.89% in ongoing projects compared to the beginning of the year[5] - Net cash outflow from investment activities was CNY -1,505,608,062.03, compared to CNY -800,354,341.61 in the previous period, indicating a significant increase in investment expenditures[16] - Cash paid for the purchase of fixed assets was CNY 1,414,199,749.23, significantly higher than CNY 735,624,109.25 in the previous period, indicating increased capital expenditures[16] Other Financial Metrics - Cash flow from operating activities is CNY 3,600,244,630.11, down from CNY 3,739,174,181.58 in the previous period[15] - Other comprehensive income after tax for the current period is CNY 141,548,387.55, significantly higher than CNY 5,161,178.80 in the previous period[14] - Cash received from investment income was CNY 109,482,345.12, compared to CNY 101,510,797.64 in the previous period, showing a growth of 7.8%[16] - Cash received from minority shareholders' investments was CNY 128,937,500.00, down from CNY 175,000,000.00 in the previous period[16] Audit Status - The report for the third quarter was not audited, indicating that the financial figures are preliminary and subject to change[17]

证券简称：粤高速 A 、粤高速 B 证券代码： 000429、 200429 公告编号： 2024-029 广东省高速公路发展股份有限公司 关于会计估计变更的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要提示 变更起始日期：2024 年 10 月 1 日 本次会计估计变更采用未来适用法进行会计处理，不会对以往各年度财 务状况和经营成果产生影响。 本次会计估计变更预计将增加 2024 年度归属于母公司所有者净利润约 979 万元。 本议案无需提交公司股东大会审议。 一、本次会计估计变更概述 本公司第十届董事会第二十二次（临时）会议审议通过《关于会计估计变更 的议案》，同意公司于 2024 年 10 月 1 日起对广澳高速公路南沙至珠海段-中山 城区至珠海段的折旧年限进行变更，且后续改扩建通车路段的折旧年限变更同样 适用。 二、本次会计估计变更的具体情况及对公司的影响 （一）本次会计估计变更的具体情况 1、变更日期：本次会计估计变更起始日期为 2024 年 10 月 1 日。 2、会计估计变更的原因 根据《企业会计准则第 4 号——固定资产》的相关规定 ...

本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 本公司分别于 2010 年 12 月 8 日、2014 年 1 月 23 日、2015 年 11 月 28 日、 2016 年 4 月 20 日、2017 年 12 月 8 日、2018 年 9 月 28 日、2019 年 9 月 17 日、 2020 年 9 月 25 日、2021 年 10 月 8 日、2022 年 10 月 10 日和 2023 年 10 月 31 日刊登了《关于对 2008 年度非居民企业 B 股股东股利分派应补缴企业所得税的 公告》。截至 2024 年 10 月 10 日，部分股东向我司补缴了税金共计人民币 359,952.03 元，仍有股东未向我司补缴税金共计人民币 301,563.42 元。 根据《国家税务总局关于非居民企业取得 B 股等股票股息征收企业所得税问 题的批复》（国税函【2009】394 号）的要求，取得本公司 2008 年度现金股利的 B 股非居民企业股东，需按照 10%的税率补交所得税，具体情况如下： 一、本公司 2008 年度分红派息的情况 证券简称：粤高速 A 、 ...

证券简称：粤高速 A 、粤高速 B 证券代码：000429、200429 公告编号：2024-025 广东省高速公路发展股份有限公司 关于对 2008 年度非居民企业 B 股股东股利分派应补缴企业 所得税的后续公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 本公司分别于 2010 年 12 月 8 日、2014 年 1 月 23 日、2015 年 11 月 28 日、 2016 年 4 月 20 日、2017 年 12 月 8 日、2018 年 9 月 28 日、2019 年 9 月 17 日、 2020 年 9 月 25 日、2021 年 10 月 8 日、2022 年 10 月 10 日和 2023 年 10 月 31 日刊登了《关于对 2008 年度非居民企业 B 股股东股利分派应补缴企业所得税的 公告》。截至 2024 年 10 月 10 日，部分股东向我司补缴了税金共计人民币 359,952.03 元，仍有股东未向我司补缴税金共计人民币 301,563.42 万元。 根据《国家税务总局关于非居民企业取得 B 股等股票股息征收企业所得税问 题的批 ...

证券代码：000429、200429 证券简称：粤高速 A、粤高速 B 公告编号：2024-024 广东省高速公路发展股份有限公司 股票交易异常波动公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 广东省高速公路发展股份有限公司（以下简称"本公司"）股票粤高速A（证 券代码：000429）于 2024 年 9 月 27 日、9 月 30 日、10 月 8 日连续三个交易日 收盘价格涨幅偏离值累计达到-20%，根据《深圳证券交易所股票上市规则》，属 于股票交易异常波动的情况。 4、本公司、控股股东及实际控制人不存在关于本公司的应披露而未披露的 重大事项，也不存在处于筹划阶段的重大事项。 5、本公司股票异常波动期间控股股东、实际控制人未发生买卖本公司股票 的情形。 三、不存在应披露而未披露信息的说明 1 本公司董事会确认，本公司目前没有任何根据深交所《股票上市规则》等有 关规定应予以披露而未披露的事项或与该事项有关的筹划、商谈、意向、协议等； 董事会也未获悉本公司有根据深交所《股票上市规则》等有关规定应予以披露而 未披露的、对本 ...

证券简称：粤高速 A 、粤高速 B 证券代码： 000429、 200429 公告编号： 2024-023 广东省高速公路发展股份有限公司 第十届董事会第二十一次（临时）会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、董事会会议召开情况 三、备查文件 经与会董事签字并加盖董事会印章的第十届董事会第二十一次（临时）会议 决议。 特此公告 广东省高速公路发展股份有限公司董事会 2024 年 9 月 25 日 广东省高速公路发展股份有限公司（以下简称"公司"）第十届董事会第二 十一次（临时）会议（以下简称"本次会议"）于 2024 年 9 月 24 日（星期二） 以通讯表决形式召开。本次会议的会议通知及相关会议文件已于 2024 年 9 月 20 日以传真、电子邮件或当面递交方式通知送达各位董事。会议应到董事 14 名， 实到董事 14 名，参加本次会议的董事超过全体董事的半数，符合《中华人民共 和国公司法》及《广东省高速公路发展股份有限公司章程》的有关规定。 二、董事会会议审议情况 会议审议通过《关于粤高资本挂牌转让湖南联智科技股份有限公司股权的 ...

Group 1: Company Overview and Financial Performance - The company reported significant traffic volume growth in several controlled road sections, exceeding the growth rate of toll revenue [4] - The average daily traffic volume on the Guangzhu East section increased significantly after the opening of the Shenzhen-Zhongshan Channel, while toll revenue showed a decline [5] - The company's credit borrowing interest rate ranges from 2.60% to 3.40%, with potential adjustments based on future interest rate changes [5] Group 2: Infrastructure Development and Impact - The ongoing expansion of the Huizhou-Yanjiang Expressway is expected to have a limited impact on traffic volume due to effective traffic management during construction [4] - The opening of the Guangshan High-Speed Railway and other parallel highways has diverted traffic from the Guanghui Expressway, leading to a decrease in both traffic volume and toll revenue [5] - The company is actively monitoring the structural changes in traffic flow due to the new road network configurations [5] Group 3: Investor Relations and Engagement - The investor relations activity included a specific audience survey, with participation from various investment management firms [2] - The meeting provided insights into the company's operational status and financial data for the first half of the year [4] - Questions raised during the Q&A session addressed key operational challenges and financial performance metrics [5]

证券代码：000429、200429 证券简称：粤高速 A、粤高速 B 编号：2024012 | --- | --- | --- | --- | |---------------|------------------|--------------------------------|-------| | | | | | | 投资者关 | √ 特定对象调研 | □ 分析师会议 | | | 系活动类 | □ 媒体采访 | □ 业绩说明会 | | | 别 | □ 新闻发布会 | □ 路演活动 | | | | □ 现场参观 | | | | | □ 其他 | （请文字说明其他活动内容） | | | 活 动 参 与 | 杨汉明梁继荣 | 广东省高速公路发展股份有限公司 | | | 人员 | 张佳 劳杰男 | 鹏华基金 汇添富基金 | | | | | | | | | 李湧 | 兴业基金 | | | | 何杰 | 平安基金 | | | | | | | | | 张王越 | 幸福人寿 | | | | 尹金泽 | 人保资产 | | | | | | | | | 马保良 | 中意资产 | | | | | | | | | 朱永习 | 华 ...

证券研究报告 非金融公司|公司点评|粤高速 A（000429） 2024H1 业绩承压，归母净利下滑 3.4% 请务必阅读报告末页的重要声明 glzqdatemark1 2024年09月02日 证券研究报告 |报告要点 公司发布 2024 年半年报。2024H1，公司实现营收 22.31 亿元，同比下降 4.68%，实现归母净 利润 8.55 亿元，同比下降 3.41%。其中 2024Q2 公司实现营收 11.06 亿元，同比下降 6.70%， 实现归母净利润 4.35 亿元，同比下降 8.62%。 |分析师及联系人 李蔚 SAC：S0590522120002 请务必阅读报告末页的重要声明 1 / 5 非金融公司|公司点评 glzqdatemark2 2024年09月02日 粤高速 A(000429) 2024H1 业绩承压，归母净利下滑 3.4% | --- | --- | |----------------------------|--------------------------------| | | | | 行 业： 投资评级： | 交通运输/铁路公路 增持（维持） | | 当前价格： | 11.0 ...

Group 1: Company Overview - The company provided a brief introduction to its operating conditions for the first half of the year, including the progress of its controlled and holding road expansion projects and key financial data changes year-on-year [2]. Group 2: Traffic Impact Analysis - The opening of the Shenzhen-Zhongshan Channel has significantly altered the regional road network structure, leading to a noticeable increase in average daily traffic volume on the Guangzhu East section, while toll revenue has decreased [2]. - In July, traffic data indicated that the Guangzhu East section experienced a significant increase in traffic volume compared to both the previous month and the same month last year, but toll revenue showed a decline [2]. Group 3: Future Projections - The company anticipates that the traffic ratio of passenger to freight vehicles on its controlled road sections will remain largely unchanged in the third quarter of 2024 [2]. - The Jiangzhong Expressway expansion project is nearing completion, and the company is currently applying for adjustments to the toll standards, which will be implemented according to government approval [2]. Group 4: Project Progress - The expansion projects for Jiangzhong Expressway, Guangzhao Expressway, and Guangzhu East Expressway are progressing smoothly and as planned [2]. - The Guanghui Expressway company is actively working on preliminary project approval and establishment procedures [2].