Financial Performance - Net profit attributable to shareholders for Q3 2024 was RMB 600.16 million, a decline of 1.55% compared to the same period last year [4]. - Operating revenue for Q3 2024 was RMB 2.10 billion, down 6.39% year-on-year [4]. - The company reported a total net profit of RMB 1.37 billion for the first nine months of 2024, a decrease of 10.71% compared to the same period last year [4]. - Total operating revenue for the first nine months of 2024 was RMB 5,859,778,932.60, a decrease of 8.0% compared to RMB 6,371,288,240.00 in the same period of 2023 [27]. - Net profit for the first nine months of 2024 was RMB 1,500,641,474.24, a slight decrease of 3.7% from RMB 1,558,580,959.78 in 2023 [27]. - Basic and diluted earnings per share for the first nine months of 2024 were both RMB 0.566, down from RMB 0.642 in the same period of 2023 [28]. - The total comprehensive income for the first nine months of 2024 was RMB 1,347,431,676.64, an increase from RMB 1,227,044,364.20 in 2023 [28]. - The company reported investment income of RMB 801,076,752.19, up from RMB 642,835,759.51 in the same period last year [27]. Asset and Liability Management - As of September 30, 2024, total assets decreased by 1.19% to RMB 66.71 billion from RMB 67.51 billion at the end of 2023 [3]. - Total liabilities decreased to RMB 38,957,652,482.96 from RMB 39,508,787,105.65, reflecting a reduction of approximately 1.4% [24]. - Short-term borrowings significantly decreased to RMB 3,784,150,417.85 from RMB 11,105,625,836.85, a decline of about 66.0% [24]. - Long-term borrowings increased to RMB 14,419,081,986.43 from RMB 9,567,707,809.79, indicating a rise of approximately 50.5% [24]. - The equity attributable to shareholders decreased to RMB 22,231,331,626.09 from RMB 22,357,997,457.11, a decline of about 0.6% [26]. - The company's total assets amounted to RMB 66,705,407,211.40, down from RMB 67,507,469,090.77, representing a decrease of approximately 1.2% [25]. Cash Flow Analysis - The net cash flow from operating activities for the first nine months of 2024 was RMB 2.75 billion, reflecting a decrease of 8.05% [3]. - Cash flow from operating activities generated a net amount of RMB 2,751,908,590.91, a decrease from RMB 2,992,715,053.98 in the previous year [29]. - Cash flow from investing activities showed a net inflow of RMB 234,871,765.72, compared to RMB 62,751,299.49 in the same period of 2023 [29]. - Cash flow from financing activities resulted in a net outflow of RMB 2,044,139,432.37, an improvement from a net outflow of RMB 3,276,066,981.44 in the previous year [30]. Shareholder Information - The total number of shareholders as of the report date was 18,128, with 17,889 being A-share shareholders [6]. - The largest shareholder, HKSCC Nominees Limited, holds 33.46% of the shares [6]. - The company plans to issue up to approximately 654 million A-shares, with total fundraising adjusted to no more than 4.703 billion RMB for investment in external projects and repayment of interest-bearing debts [18]. - The company has extended the validity period of the shareholder meeting resolution for the issuance of new shares by 12 months to facilitate the fundraising process [18]. Project and Operational Highlights - The company processed 365.93 thousand tons of organic waste in Q3 2024, with total operating revenue reaching RMB 182,202.27 thousand for the same period [15]. - The company reported a total revenue of RMB 25,728.36 thousand for the Guiyang project in Q3 2024, with a year-to-date revenue of RMB 71,989.48 thousand [14]. - The average daily mixed traffic volume for the Meiguan Expressway was 179 thousand vehicles in Q3 2024, showing an increase from 165 thousand vehicles in the same period last year [11]. - The company achieved a daily toll revenue of RMB 3,460 thousand for the Outer Ring project in Q3 2024, compared to RMB 3,202 thousand in the same period last year, reflecting a growth of approximately 8% [11]. - The average daily toll revenue for the Jiangjiang project was RMB 2,391 thousand in Q3 2024, up from RMB 1,915 thousand in the same period last year, indicating a significant increase of about 25% [11]. - The company’s revenue from the Nanning project was RMB 24,653.78 thousand in Q3 2024, with a year-to-date revenue of RMB 73,459.46 thousand [14]. - The company holds a 100% stake in the Dezhou project, which generated RMB 8,808.58 thousand in revenue for the year-to-date period [14]. - The company’s average daily toll revenue for the Longda Expressway was RMB 450 thousand in Q3 2024, slightly up from RMB 434 thousand in the same period last year [11]. - The company’s revenue from the trial operation of the Guangming Environmental Park reached RMB 14,889.57 thousand for the year-to-date period [15]. Financing Activities - The company completed the issuance of the second phase of ultra-short-term financing bonds on July 22, 2024, with a scale of 1.5 billion RMB and a coupon rate of 1.75% [21]. - The company completed the issuance of the first phase of medium-term notes on October 18, 2024, with a scale of 500 million RMB and an interest rate of 2.16% [21]. - The company issued 1 billion RMB in wealth management products, with a return of 4.91 million RMB during the reporting period [21]. Wind Power Generation - The company reported wind power generation data for Q3 2024, with total on-grid electricity of 400,854.46 MWh and wind power business revenue of 125.81 million RMB for the first nine months of 2024 [17]. - The company’s Xinjiang Mu Lei project generated 554,642.46 MWh of on-grid electricity, contributing 251.78 million RMB in revenue for the first nine months of 2024 [17]. - The company’s Baotou South Wind project generated 95,339.37 MWh of on-grid electricity in Q3 2024, with revenue of 31.32 million RMB [17]. - The company’s subsidiary, Huai'an Zhongheng, holds a 20% stake, contributing 22.79 million RMB in revenue for Q3 2024 [17].
深圳高速公路股份(00548) - 2024 Q3 - 季度业绩