深高速(600548) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,771,765,261.39, a decrease of 13.06% compared to ¥2,037,983,716.92 in the same period last year[5] - Net profit attributable to shareholders was ¥478,007,244.10, reflecting a slight increase of 1.50% from ¥470,958,969.66 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥466,270,240.35, which represents a 15.89% increase from ¥402,349,586.96 in the previous year[5] - Total revenue for Q1 2025 was CNY 1,771,765,261.39, a decrease of 13.06% compared to CNY 2,037,983,716.92 in Q1 2024[27] - The net profit for Q1 2025 was CNY 514,281,845.56, a slight increase from CNY 512,669,617.76 in Q1 2024, representing a growth of 0.3%[28] - The total profit before tax for Q1 2025 was CNY 621,275,671.38, slightly down from CNY 637,696,969.36 in Q1 2024, a decrease of 2.5%[28] - The total comprehensive income for Q1 2025 was CNY 546,823,605.96, compared to CNY 474,681,285.95 in Q1 2024, marking an increase of 15.2%[28] Cash Flow and Liquidity - The net cash flow from operating activities increased by 28.96% to ¥980,875,169.00, up from ¥760,626,644.48 in the same period last year[6] - The company's cash and cash equivalents rose to CNY 8,176,488,936.45, compared to CNY 2,908,582,010.43 at the end of 2024, indicating a significant increase[23] - The company reported a significant increase in cash and cash equivalents, ending Q1 2025 with CNY 8,019,330,500.54, up from CNY 3,235,689,796.04 in Q1 2024[32] - The net cash flow from operating activities for Q1 2025 was CNY 980,875,169.00, an increase of 29% from CNY 760,626,644.48 in Q1 2024[30] - Investment activities resulted in a net cash outflow of CNY 1,129,503,420.53 in Q1 2025, compared to a net inflow of CNY 672,220,430.43 in Q1 2024[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥73,150,343,598.02, an increase of 8.28% from ¥67,558,030,948.58 at the end of the previous year[6] - The total liabilities amounted to CNY 40,760,132,514.45, slightly up from CNY 40,356,460,239.19 at the end of 2024[24] - Long-term investments increased to CNY 20,019,730,301.43 as of March 31, 2025, compared to CNY 19,755,383,217.22 at the end of 2024, marking a growth of 1.34%[23] Shareholder Information - Shareholders' equity attributable to the parent company increased by 23.53% to ¥27,056,358,745.56, compared to ¥21,903,521,723.27 at the end of the previous year[6] - The total number of shareholders at the end of the reporting period was 17,576, with the top 10 shareholders holding a combined 88.77% of the shares[10] - The company completed the issuance of 357,085,801 A shares at a price of RMB 13.17 per share, raising a net amount of RMB 4,679,236,514.71[20] - The total share capital increased from 2,180,770,326 shares to 2,537,856,127 shares, with A shares totaling 1,790,356,127 and H shares 747,500,000[20] - The company has committed to a share lock-up period of 18 months for certain investors following the A share issuance[13] Operational Highlights - The average daily mixed traffic volume for the Guangdong province projects in Q1 2025 included 608 thousand vehicles for the Guangshen Expressway, generating a revenue of RMB 7,409 thousand[14] - The average daily toll revenue for the Meiguan Expressway was RMB 411 thousand with a traffic volume of 158 thousand vehicles[14] - The organic waste treatment projects processed a total of 317.24 thousand tons, generating operational revenue of RMB 174,266.95 thousand in Q1 2025[17] - The wind power projects generated a total of 178,690.70 MWh, resulting in revenue of RMB 52,905.30 thousand in Q1 2025[19] - The average daily traffic volume for the Jiangjiang project was 205 thousand vehicles, generating a revenue of RMB 2,010 thousand[14] Government and Financing Activities - The company received government subsidies amounting to ¥4,309,075.83, which are closely related to its normal business operations[7] - The company issued medium-term notes totaling RMB 1.5 billion with a coupon rate of 1.7% for a term of 3 years[20] - The company issued CNY 2.3 billion in bonds on March 12, 2025, with a coupon rate of 2.29% and a maturity of 5 years[22] - A short-term financing bond of CNY 1.5 billion was issued on April 15, 2025, with an interest rate of 1.64% and a term of 270 days[22] - The company did not engage in any financial product transactions during the reporting period, with a total entrusted investment amount of CNY 0[22]