Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,881,908,701.12, a decrease of 22.81% compared to the same period last year[4] - Net profit attributable to shareholders for the same period was CNY 158,968,448.23, down 39.62% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 152,626,462.75, reflecting a decrease of 38.40% compared to the previous year[4] - Basic earnings per share for Q3 2022 were CNY 0.0519, a decline of 39.72% year-on-year[4] - The net profit attributable to shareholders decreased by 31.33% year-to-date due to the impact of the pandemic, rising oil prices, and economic downturn, leading to reduced toll revenue and other business income[10] - The net profit attributable to shareholders for the current reporting period decreased by 39.62%, primarily due to regional lockdowns caused by the recurring COVID-19 pandemic, severely impacting toll revenue and related business income[10] - Basic earnings per share decreased by 31.35% year-to-date, reflecting the decline in net profit attributable to shareholders compared to the same period last year[14] - Diluted earnings per share for the current reporting period decreased by 39.72%, primarily due to the reduction in net profit attributable to shareholders compared to the previous year[14] - Operating profit for the first three quarters of 2022 was approximately ¥882.3 million, a decrease of 30.3% compared to ¥1.27 billion in the same period of 2021[32] - Net profit for the first three quarters of 2022 was approximately ¥693.5 million, down 31.6% from ¥1.01 billion in the first three quarters of 2021[32] - Total comprehensive income for the first three quarters of 2022 was approximately ¥486.1 million, a decline of 52.1% compared to ¥1.02 billion in the same period of 2021[33] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 42,102,535,167.28, representing an increase of 3.37% from the end of the previous year[5] - Equity attributable to shareholders at the end of the reporting period was CNY 17,683,254,833.37, up 1.83% from the previous year[5] - Total liabilities increased to CNY 23.33 billion as of September 30, 2022, compared to CNY 22.28 billion at the end of 2021, reflecting a growth of approximately 4.7%[29] - Current liabilities totaled CNY 4.56 billion, up from CNY 3.47 billion, marking an increase of about 31.4% year-over-year[28] - The company's long-term borrowings slightly increased to CNY 17.12 billion as of September 30, 2022, from CNY 17.10 billion at the end of 2021[29] - The company's retained earnings rose to CNY 5.94 billion as of September 30, 2022, compared to CNY 5.41 billion at the end of 2021, an increase of about 9.8%[29] - The total equity attributable to shareholders increased to CNY 17.68 billion, up from CNY 17.36 billion, reflecting a growth of approximately 1.9%[29] Cash Flow - The company reported a net cash flow from operating activities of CNY 1,755,630,288.62, an increase of 32.86% year-on-year[4] - The net cash flow from operating activities increased by 32.86% year-to-date, attributed to reduced financing lease investments and the exclusion of the real estate business from the consolidated financial statements[13] - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥1.76 billion, an increase of 32.9% compared to ¥1.32 billion in the first three quarters of 2021[36] - Cash inflow from investment activities for the first three quarters of 2022 was approximately ¥584.5 million, compared to ¥100.9 million in the same period of 2021[36] - Cash outflow from investment activities for the first three quarters of 2022 was approximately ¥2.38 billion, a decrease of 14.6% compared to ¥2.79 billion in the same period of 2021[36] - Cash inflow from financing activities totaled approximately ¥1.85 billion in the first three quarters of 2022, a decrease of 65.3% compared to ¥5.32 billion in the same period of 2021[37] - The net cash flow from financing activities was negative at approximately -¥138.88 million in 2022, contrasting with a positive cash flow of ¥1.00 billion in 2021[37] - The company experienced a net decrease in cash and cash equivalents of approximately -¥181.97 million in 2022, an improvement from -¥364.42 million in 2021[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,881[15] - The largest shareholder, Sichuan Transportation Investment Group Co., Ltd., holds 1,157,865,662 shares, representing 37.86% of the total shares[16] - HKSCC Nominees Limited, an overseas entity, holds 887,330,700 shares, accounting for 29.02% of the total shares[16] - As of September 30, 2022, the total number of common shareholders was 50,881, with A-share shareholders accounting for 50,625 and H-share shareholders for 256[22] Projects and Investments - The Chengle Expressway expansion project has a total length of 136.1 kilometers and an estimated total investment of RMB 251.5 billion, with cumulative investment reaching approximately RMB 8.55 billion as of September 30, 2022[23] - The Tianqiong Expressway project has an estimated total investment of RMB 8.685 billion, with cumulative investment amounting to approximately RMB 2.231 billion as of September 30, 2022[24] - The company is actively involved in PPP projects, with significant investments in infrastructure aimed at improving traffic capacity and service levels[23] Other Financial Metrics - Non-operating income for the reporting period included government subsidies of CNY 5,984,872.31, compared to CNY 19,502,194.52 in the previous year[6] - The company's financial expenses, including interest expenses, decreased to CNY 301.44 million in 2022 from CNY 402.37 million in 2021, a reduction of about 25%[31] - Revenue from sales of goods and services for the first three quarters of 2022 was approximately ¥5.27 billion, a slight decrease of 2.0% from ¥5.38 billion in the same period of 2021[35] - The company experienced a reduction in cash received from other operating activities, totaling approximately ¥58.3 million in 2022, down from ¥122.0 million in 2021[35] - Dividend payments increased to approximately ¥992.91 million in 2022, compared to ¥886.66 million in 2021, reflecting a growth of 12%[37]
四川成渝高速公路(00107) - 2022 Q3 - 季度财报