粤高速A(000429) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,049,919,860.48, a decrease of 6.63% compared to ¥1,124,466,320.26 in the same period last year[5] - Net profit attributable to shareholders increased by 56.28% to ¥657,482,517.83 from ¥420,705,862.42 year-on-year[5] - Basic earnings per share increased by 55.00% to ¥0.31 from ¥0.20 in the same period last year[5] - Net profit for the current period is ¥886,011,914.52, an increase of 58% compared to ¥560,618,118.35 in the previous period[33] - Earnings per share increased to ¥0.31 from ¥0.20, representing a growth of 55%[33] Cash Flow - The net cash flow from operating activities rose by 73.84% to ¥1,404,783,085.32, compared to ¥808,097,600.77 in the previous year[5] - Cash received from operating activities increased dramatically by 1657.72% to ¥66,314,000, primarily due to government subsidies received[19] - Operating cash inflow totaled $1,731,369,370.70, an increase of 49.2% from $1,160,269,897.45 in the previous period[35] - Net cash flow from operating activities reached $1,404,783,085.32, up 73.5% compared to $808,097,600.77 last year[35] - The ending cash and cash equivalents balance was $4,918,860,878.25, compared to $4,859,876,914.81 at the end of the last period[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥23,432,590,886.16, reflecting a 4.42% increase from ¥22,441,664,114.93 at the end of the previous year[5] - The total liabilities of the company were CNY 9,447,976,576.55, compared to CNY 9,245,774,081.95 at the beginning of the period, showing an increase of approximately 2.2%[30] - The company's non-current assets totaled CNY 18,110,351,386.38, up from CNY 17,910,719,778.52, representing a growth of about 1.1%[30] - The company's long-term borrowings increased to CNY 7,199,785,216.00 from CNY 6,728,264,750.00, reflecting an increase of approximately 7.0%[30] Equity - The company’s total equity attributable to shareholders increased by 6.01% to ¥11,096,895,199.47 from ¥10,468,100,319.53 at the end of the previous year[5] - Total equity attributable to shareholders increased to ¥11,096,895,199.47 from ¥10,468,100,319.53, a growth of 6%[31] - The total equity of the company remained stable at CNY 2,090,806,126.00, with no changes reported during the period[30] Investment Income - The company reported a significant increase in investment income, which rose by 25.31% to ¥7,426,000 from ¥5,930,000 year-on-year[15] - Investment income increased to ¥74,072,953.26 from ¥59,110,274.23, a rise of 25.3%[32] Operational Changes - The company reversed a bad debt provision of CNY 343 million related to operational expenses for the Guangfo Expressway, positively impacting its financial status[27] - The company has received government documents regarding the management of the Guangfo Expressway, which may influence future operational strategies[27] Other Financial Metrics - The company experienced a 1738.64% decrease in credit impairment losses, amounting to a recovery of ¥35,416,000[16] - The number of ordinary shareholders at the end of the reporting period was 52,618[25] - Accounts receivable rose to CNY 121,123,025.99 from CNY 82,361,054.69, indicating a growth of about 47.0%[29] - The company reported a decrease in accounts payable from CNY 226,104,482.05 to CNY 178,574,825.21, a reduction of approximately 21.0%[30] - Cash outflow from investing activities was $520,162,310.59, significantly higher than $239,974,068.50 in the prior period[35] - Cash inflow from financing activities amounted to $2,190,000,000.00, a substantial increase from $438,750,000.00 in the previous period[35]