ANHUI EXPRESSWAY(SH:600012)2016-10-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 0.25% to RMB 700,761,382.30 for the first nine months of the year[7]. - Operating revenue for the first nine months was RMB 1,877,328,858.82, reflecting a growth of 2.82% year-on-year[7]. - The total profit for the first nine months was RMB 935,862,000, down 1.79% year-on-year[12]. - The company reported a profit margin decrease of 7.33% in total profit for the third quarter compared to the previous year[12]. - Total revenue for Q3 2016 was approximately ¥627.33 million, a slight increase from ¥623.97 million in the same period last year, representing a growth of 0.2%[37]. - Net profit for Q3 2016 was approximately ¥214.51 million, compared to ¥240.57 million in Q3 2015, reflecting a decrease of 10.8%[38]. - Operating profit for the first nine months of 2016 was approximately ¥935.32 million, slightly down from ¥953.70 million in the same period last year, a decrease of 1.9%[38]. - Total comprehensive income for Q3 2016 was CNY 214,506,294.42, compared to CNY 240,568,746.22 in Q3 2015, reflecting a decrease of approximately 10.8%[39]. Assets and Liabilities - Total assets increased by 4.24% to RMB 12,654,945,471.36 compared to the end of the previous year[7]. - The company's total liabilities amounted to ¥3,468,067,825.96, an increase from ¥3,233,917,418.04, reflecting a rise of approximately 7.3%[31]. - Non-current assets decreased to ¥10,579,072,300.59 from ¥10,918,333,913.22, showing a decline of about 3.1%[30]. - The company's total equity increased to ¥9,186,877,645.40 from ¥8,906,784,733.10, marking an increase of approximately 3.1%[31]. - Total liabilities for Q3 2016 were approximately ¥1.10 billion, compared to ¥793.91 million in the same period last year, showing an increase of 38.5%[34]. Cash Flow - The net cash flow from operating activities increased by 13.48% to RMB 1,335,568,363.67 compared to the same period last year[7]. - Cash flow from operating activities for the first nine months of 2016 was CNY 1,335,568,363.67, an increase of 13.5% compared to CNY 1,176,917,264.04 in the same period last year[45]. - Operating cash flow for the first nine months of 2016 was CNY 1,074,539,621.53, an increase from CNY 900,630,012.37 in the same period last year, representing a growth of approximately 19.3%[47]. - Cash inflow from operating activities totaled CNY 1,515,995,929.84, up from CNY 1,398,090,120.38, reflecting a growth of approximately 8.4%[47]. - The net increase in cash and cash equivalents for the period was CNY 899,644,598.98, contrasting with a decrease of -CNY 49,147,558.61 in the same period last year[48]. Investment and Financing - Investment income decreased by 44.25% to RMB 32,253 thousand, reflecting a reduction in recognized investment income during the reporting period[17]. - The company reported an investment income of approximately ¥32.25 million for the first nine months of 2016, down from ¥57.86 million in the same period last year, a decline of 44.3%[38]. - The company plans to issue RMB 1 billion in 270-day super short-term financing bonds to meet funding needs, approved by the board on January 22, 2016[22]. - Total cash inflow from financing activities was CNY 600,000,000.00, compared to CNY 355,523,423.23 in the previous year, marking an increase of approximately 68.7%[48]. - The company incurred cash outflows from financing activities totaling CNY 750,609,892.11, down from CNY 890,063,833.02 in the previous year, indicating a reduction of about 15.7%[48]. Shareholder Information - The total number of shareholders reached 33,123 by the end of the reporting period[10]. - The largest shareholder, Anhui Transportation Holding Group Co., Ltd., holds 31.63% of the shares[10]. - The company committed to protecting shareholder interests and improving investor returns through various strategies[27]. - The company has not engaged in any business activities that may directly or indirectly compete with its operations since its IPO in 1996[27]. Operational Changes - The company plans to invest RMB 64.46 billion in the expansion project of the 合宁高速公路 (Hening Expressway), with an estimated actual investment not exceeding RMB 50 billion, expected to start in 2016 and complete by the end of 2018[25]. - The company will implement a 10% additional discount on tolls for freight vehicles holding Anhui Transportation Cards, effective from July 12, 2016, for a period of three years[23]. - Operating tax and additional fees decreased by 44.18% to RMB 37,053 thousand, mainly due to the implementation of the "Business Tax to Value-Added Tax" reform starting May 1, 2016[17].