四川成渝(601107) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,881,908,701.12, a decrease of 22.81% compared to the same period last year[10] - The net profit attributable to shareholders for Q3 2022 was ¥158,968,448.23, down 39.62% year-on-year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥152,626,462.75, a decrease of 38.40% compared to the previous year[10] - The basic earnings per share for Q3 2022 was ¥0.0519, reflecting a decline of 39.72% year-on-year[10] - Total revenue for the first three quarters of 2022 was CNY 6,028,980,431.52, a decrease of 4.5% compared to CNY 6,311,713,048.02 in the same period of 2021[39] - The net profit for the third quarter of 2022 was CNY 693,540,173.06, a decrease from CNY 1,013,332,803.61 in the same period of 2021, representing a decline of approximately 31.5%[44] - The total profit for the quarter was CNY 888,721,663.84, down from CNY 1,263,750,335.96, indicating a decrease of about 29.7% year-over-year[44] - The basic and diluted earnings per share were both CNY 0.2100, compared to CNY 0.3059 in the previous year, reflecting a decline of approximately 31.2%[47] - The total comprehensive income for the quarter was CNY 486,076,233.65, significantly lower than CNY 1,016,412,976.33 from the previous year, showing a decrease of approximately 52.1%[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥42,102,535,167.28, an increase of 3.37% compared to the end of the previous year[10] - Non-current assets totaled CNY 35,165,874,498.22 as of September 30, 2022, an increase from CNY 34,044,305,641.48 at the end of 2021, representing a growth of 3.3%[35] - Total assets reached CNY 42,102,535,167.28, up from CNY 40,729,063,607.92, indicating an increase of 3.4%[37] - Current liabilities increased to CNY 4,559,948,018.96 from CNY 3,467,019,414.58, a rise of 31.5% year-over-year[36] - Total liabilities amounted to CNY 23,327,222,266.32, compared to CNY 22,280,603,363.36, reflecting an increase of 4.7%[37] - Shareholders' equity totaled CNY 18,775,312,900.96, an increase from CNY 18,448,460,244.56, representing a growth of 1.8%[37] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,755,630,288.62, an increase of 32.86% compared to the previous year[10] - Operating cash flow for the quarter was CNY 1,755,630,288.62, an increase from CNY 1,321,364,549.99 in the same quarter of 2021, marking a growth of about 32.9%[48] - Net cash flow from investment activities was -$1.80 billion, a decrease from -$2.69 billion year-over-year[49] - Total cash inflow from financing activities was $1.85 billion, down from $5.32 billion in the previous period[49] - Cash outflow for financing activities totaled $1.99 billion, compared to $4.32 billion last year[49] - The net increase in cash and cash equivalents was -$181.97 million, compared to -$364.42 million in the prior year[49] - Cash received from investments totaled $584.48 million, a decrease from $100.98 million in the previous period[49] - Cash paid for the acquisition of fixed assets and other long-term assets was $2.35 billion, down from $2.63 billion[49] - Cash paid for debt repayment was $976.45 million, a decrease from $3.42 billion year-over-year[49] - Cash paid for dividends and interest was $992.91 million, compared to $886.66 million in the previous period[49] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 50,881, including 50,625 A-share shareholders and 256 H-share shareholders[22] - Sichuan Transportation Investment Group holds 1,157,865,662 shares, accounting for 37.86% of the total issued share capital[25] - HKSCC NOMINEES LIMITED holds 887,330,700 shares, representing 29.02% of the total issued share capital[22] - The company has a total of 664,487,376 shares held by China Merchants Highway Network Technology Holdings, accounting for 21.73% of the total issued share capital[22] - The company has not disclosed any known relationships or concerted actions among the top shareholders[22] Investment Projects - The total investment in the Chengle Expressway expansion project has reached approximately RMB 85.50 billion as of September 30, 2022[26] - The Tianqiong Expressway BOT project has completed an investment of approximately RMB 22.31 billion as of September 30, 2022[27] - The adjusted total investment for the Chengle Expressway expansion project is estimated at RMB 251.5 billion, with a construction length of 136.1 kilometers[26] - The company has completed the dual-lane operation of the Meishan to Leshan section of the Chengle Expressway, totaling 81 kilometers[26] - The company’s investment in the Tianqiong Expressway project includes a registered capital of RMB 17.37 billion, with a commitment of RMB 14.2434 billion from the company[27] Operational Challenges - The company attributed the decline in revenue and profit to the impact of COVID-19, rising oil prices, and economic downturns affecting toll income and related business revenues[15] - The company no longer consolidates the real estate business of Renshou Jiao Investment, which contributed to the decrease in net profit[15] Other Financial Metrics - Total operating costs for the first three quarters of 2022 amounted to CNY 5,199,504,115.15, an increase of 1.7% from CNY 5,111,882,227.91 in 2021[39] - Cash and cash equivalents as of September 30, 2022, were CNY 3,655,137,879.85, down from CNY 3,839,435,665.04 as of December 31, 2021, representing a decrease of 4.8%[32] - Accounts receivable decreased to CNY 201,356,045.19 from CNY 252,006,827.12, a decline of 20.1% year-over-year[32] - Inventory increased to CNY 99,315,079.30, up from CNY 63,069,059.38, reflecting a growth of 57.3% compared to the previous year[32] - Financial expenses decreased to CNY 301,438,985.18 from CNY 402,365,712.52, representing a reduction of approximately 25.1%[44] - The company recorded a net foreign exchange gain of CNY 1,679,900.28, compared to a loss of CNY 66,012.56 in the previous year, indicating a positive turnaround[44] - The total tax expenses for the quarter were CNY 195,181,490.78, down from CNY 250,417,532.35, showing a decrease of about 22.0%[44]