Financial Performance - Operating revenue for the first quarter reached CNY 2,392,460,566.03, a significant increase of 148.30% compared to the same period last year[7] - Net profit attributable to shareholders was CNY 1,144,186,487.95, recovering from a loss of CNY 32,726,431.30 in the previous year[7] - Net profit after deducting non-recurring gains and losses was CNY 1,133,760,046.59, compared to a loss of CNY 37,591,335.30 last year[7] - Basic earnings per share increased to CNY 0.2271 from a loss of CNY 0.0065 in the previous year[7] - The group achieved a net profit attributable to shareholders of approximately RMB 1,144,186 thousand, with earnings per share of approximately RMB 0.2271[19] - Investment income surged to RMB 201,697,901.81 from a loss of RMB 50,170,240.28 in the previous year, reflecting improved performance in the toll road sector[33] - Net profit for Q1 2021 was RMB 1,154,108,744.03, a turnaround from a net loss of RMB 44,087,170.51 in Q1 2020[66] - Total comprehensive income for Q1 2021 was RMB 1,813,824,486.72, compared to a loss of RMB 748,981,553.72 in Q1 2020[68] Assets and Liabilities - Total assets increased by 6.27% to CNY 64,929,303,539.94 compared to the previous year[5] - Net assets attributable to shareholders rose by 6.36% to CNY 30,003,728,204.47 year-on-year[5] - The group’s cash and cash equivalents increased by 44.00% to RMB 556,850,276.22 compared to the end of the previous year[24] - The group’s trading financial assets rose by 37.69% to RMB 2,111,945,281.42, mainly due to an increase in financial products held[24] - Total liabilities increased by 30.76% to RMB 2,225,013,731.33, mainly due to higher construction payables for ongoing projects[27] - Total liabilities rose to ¥30,066,209,412.21 from ¥28,046,290,724.15, reflecting an increase of approximately 7.2%[55] - Total equity increased to ¥34,863,094,127.73 from ¥33,049,269,641.01, showing a growth of about 5.5%[57] Cash Flow - Cash flow from operating activities surged by 821.35% to CNY 1,037,934,638.41 compared to the previous year[6] - Cash inflow from operating activities was ¥2,633,398,405.81 in Q1 2021, up from ¥1,093,098,758.52 in Q1 2020, indicating a growth of about 141%[73] - Net cash flow from operating activities for Q1 2021 was ¥1,037,934,638.41, compared to ¥112,654,156.12 in Q1 2020, marking an increase of approximately 820%[77] - Cash inflow from financing activities reached ¥8,107,380,000.00 in Q1 2021, significantly higher than ¥3,425,510,000.00 in Q1 2020, representing an increase of approximately 136%[80] Revenue Sources - The main toll road business generated toll revenue of approximately RMB 1,978,768 thousand, an increase of approximately 253.59% compared to the same period last year[18] - Daily average toll revenue for the Shanghai-Nanjing Expressway Jiangsu section was approximately RMB 14,172.74 thousand, reflecting a year-on-year growth of about 239.68%[18] - Operating revenue for the first quarter reached RMB 2,392,460,566.03, a significant increase of 148.30% compared to RMB 963,551,993.82 in the same period last year, primarily due to a strong recovery in toll revenue after the impact of COVID-19[32] Shareholder Information - The total number of shareholders reached 29,976, with Jiangsu Transportation Holding Co., Ltd. holding 54.44% of shares[11][12] Government Support - The company received government subsidies amounting to CNY 5,061,319.86, closely related to its normal business operations[10] Other Financial Metrics - The weighted average return on net assets improved to 3.95% from -0.12% year-on-year[7] - Other comprehensive income rose by 80.50% to RMB 1,456,535,587.63 from RMB 806,954,969.94, driven by fair value adjustments of other equity instruments[29] - The company anticipates a significant increase in cumulative net profit for the year compared to the previous year, supported by stable growth in traffic volume[43]
江苏宁沪高速公路(00177) - 2021 Q1 - 季度财报