Financial Performance - Operating revenue for Q3 2023 was RMB 2.25 billion, down 11.98% from RMB 2.55 billion in Q3 2022[7] - Net profit attributable to shareholders for Q3 2023 decreased by 47.87% to RMB 609.62 million from RMB 1.16 billion in Q3 2022[7] - The company reported a decrease in net profit attributable to shareholders for the first nine months of 2023 by 23.75% to RMB 1.54 billion from RMB 2.01 billion in the same period of 2022[7] - Total operating revenue for the first nine months of 2023 was RMB 6,371,288,240, a decrease of 4.14% compared to RMB 6,646,320,880 in the same period of 2022[27] - Operating profit for the first nine months of 2023 was RMB 2,067,515,474, down 18.06% from RMB 2,523,926,856 in the first nine months of 2022[27] - Net profit attributable to shareholders of the parent company for the first nine months of 2023 was RMB 1,538,899,495.84, a decrease of 23.69% from RMB 2,018,234,710.82 in the same period of 2022[27] - The company reported a basic earnings per share of RMB 0.642 for the first nine months of 2023, down from RMB 0.861 in the same period of 2022[28] - Basic earnings per share for Q3 2023 was RMB 0.258, a decrease of 49.90% from RMB 0.512 in Q3 2022[8] - The weighted average return on net assets for Q3 2023 was 3.29%, down 2.68 percentage points from 6.11% in Q3 2022[8] Assets and Liabilities - As of September 30, 2023, total assets amounted to RMB 67.36 billion, a decrease of 2.67% from RMB 69.20 billion as of December 31, 2022[5] - Total liabilities as of September 30, 2023, were RMB 40,129,397,053.23, a decrease of 4.08% from RMB 41,840,560,313.98 at the end of 2022[26] - Current liabilities totaled RMB 20,956,932,131.97 as of September 30, 2023, down 9.83% from RMB 23,243,350,594.23 at the end of 2022[26] - The company's total current assets amounted to approximately 8.21 billion RMB, a decrease from 9.30 billion RMB as of December 31, 2022[25] - The company's total non-current assets decreased to approximately 59.15 billion RMB as of September 30, 2023, from 59.91 billion RMB at the end of 2022[25] - The company’s total equity as of September 30, 2023, was RMB 27,230,117,782.91, a slight decrease from RMB 27,364,137,701.52 at the end of 2022[26] Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was RMB 2.99 billion, an increase of 15.67% compared to RMB 2.59 billion in the same period of 2022[6] - Operating cash flow for the first nine months of 2023 was RMB 2,992,715,053.98, an increase of 15.7% compared to RMB 2,587,314,668.15 in the same period of 2022[29] - Cash inflow from investment activities reached RMB 3,247,585,255.61, significantly up from RMB 1,615,388,068.45 in the previous year[29] - Net cash flow from financing activities was negative at RMB -3,276,066,981.44, worsening from RMB -1,106,442,440.92 in the same period last year[29] - Total cash and cash equivalents at the end of September 2023 were RMB 2,981,218,513.36, down from RMB 4,481,323,832.32 at the end of September 2022[29] - The company received RMB 5,909,154,777.20 in tax refunds, an increase from RMB 5,385,537,017.41 year-over-year[29] - Cash inflow from recovering investments was RMB 2,386,350,600.82, up from RMB 993,931,054.29 year-over-year[29] - Cash outflow for debt repayment was RMB 17,898,576,184.49, slightly down from RMB 18,376,875,970.11 in the previous year[29] Investments and Projects - The company plans to invest approximately RMB 8.447 billion in the construction of the third phase of the Outer Ring Expressway, which is expected to enhance core highway assets and traffic flow for other toll roads[20] - The company has approved a plan to issue up to 654,231,097 A-shares, aiming to raise no more than RMB 6.5 billion for investment in the Outer Ring project and debt repayment[21] - The company is actively promoting the REITs pilot application for the Yiyang to Changde Expressway, which is expected to enhance infrastructure investment opportunities[21] - The company is collaborating on the Guangzhou-Dongguan expressway expansion project, with the Guangzhou section already approved by the Guangdong Provincial Development and Reform Commission[21] - The organic waste treatment projects processed a total of 267.11 thousand tons in Q3 2023, contributing to a revenue of RMB 106,574.50 thousand for the first three quarters of 2023[17] - The wind power projects generated 150,169.65 MWh in Q3 2023, with total revenue of RMB 44,398.50 thousand for the same period[18] - The company’s total revenue from organic waste treatment projects for the first three quarters of 2023 reached RMB 412,671.97 thousand[17] - The company’s total revenue from wind power projects for the first three quarters of 2023 was RMB 249,841.91 thousand[19] Financial Instruments and Debt - The company issued a total of 1.5 billion RMB in super short-term financing bonds with a maturity of 270 days and an interest rate of 2.25% on August 10, 2023[22] - The company has a total medium-term note registration quota of 5 billion RMB, with 1 billion RMB issued on September 4-5, 2023, at an interest rate of 3.05% and a maturity of 5 years[23] - The company issued green corporate bonds worth 550 million RMB on October 17-18, 2023, with a maturity of 3 years and an interest rate of 2.88%[24] - The company has invested 400 million RMB in two principal-protected floating income financial products during the reporting period[24] - The company reported no overdue principal or income from its financial products as of the end of the reporting period[24] Traffic and Revenue Statistics - The average daily mixed traffic volume for the Meiguan Expressway was 171,000 vehicles in July-September 2023, up from 163,000 in the same period last year[15] - The average daily toll revenue for the Meiguan Expressway reached RMB 452,000 in July-September 2023, compared to RMB 423,000 in the same period last year[15] - The average daily mixed traffic volume for the Eastern Section of the Jihe Expressway was 332,000 vehicles in July-September 2023, an increase from 319,000 vehicles year-on-year[15] - The average daily toll revenue for the Eastern Section of the Jihe Expressway was RMB 1,954,000 in July-September 2023, compared to RMB 1,865,000 in the same period last year[15] - The company holds a 100% stake in the Meiguan Expressway and the Jihe Expressway, contributing fully to revenue[15] - The company has a 50% stake in the Shuiguan Expressway, which reported an average daily traffic volume of 281,000 vehicles in July-September 2023[15] - The company has a 40% stake in the Shuiguan Extension, with an average daily traffic volume of 68,000 vehicles in July-September 2023[15] - The company has indirect control of approximately 71.83% of Bay Area Development, which benefits from profit distribution rights of 50% from the Western Line Expressway and 45% from the Guangshen Expressway[16]
深圳国际(00152) - 2023 Q3 - 季度业绩