Financial Performance - The company's operating revenue for Q1 2023 was RMB 1,989,710,755.95, representing a decrease of 1.26% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company reached RMB 436,477,960.34, an increase of 73.58% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 416,658,010.91, up 75.75% from the previous year[5] - The basic earnings per share for the period was RMB 0.1427, reflecting a 73.60% increase compared to the same period last year[5] - The diluted earnings per share also stood at RMB 0.1427, marking a 73.60% increase year-on-year[5] - The weighted average return on net assets was 2.31%, an increase of 0.87 percentage points[5] - In Q1 2023, the net profit for Q1 2023 was 467,446,931.86 CNY, compared to 266,967,024.84 CNY in Q1 2022, indicating a year-over-year increase of about 75%[31] - Earnings per share (EPS) for Q1 2023 was 0.1427 CNY, up from 0.0822 CNY in Q1 2022, reflecting a growth of approximately 73%[34] - Operating profit for Q1 2023 reached 553,131,894.61 CNY, compared to 328,316,941.70 CNY in Q1 2022, marking an increase of around 68%[30] Cash Flow and Assets - The net cash flow from operating activities was RMB 667,406,119.33, down 6.79% compared to the previous year[5] - As of March 31, 2023, total current assets increased to CNY 5,545,705,380.65 from CNY 3,970,037,430.35 as of December 31, 2022, representing a growth of approximately 39.6%[20] - Cash and cash equivalents rose significantly to CNY 3,395,311,534.69 from CNY 2,552,133,327.65, marking an increase of about 33.1%[20] - Total non-current assets reached CNY 36,776,827,926.78, up from CNY 36,287,297,539.95, indicating a growth of approximately 1.4%[21] - Total liabilities increased to CNY 23,135,335,903.36 from CNY 21,536,718,999.98, reflecting a rise of about 7.4%[24] - The company generated cash inflows from operating activities totaling 1,807,538,582.14 CNY in Q1 2023, down from 1,970,325,675.15 CNY in Q1 2022, a decrease of about 8%[36] - The net increase in cash and cash equivalents for Q1 2023 was 843,160,207.04, contrasting with a decrease of -384,879,910.53 in Q1 2022, showing a positive cash position[40] Shareholder Information - The total number of common shareholders at the end of the reporting period was 48,196, including 47,942 A-share shareholders and 254 H-share shareholders[16] - Sichuan Transportation Investment Group holds 1,157,865,662 shares, accounting for 37.86% of total shares[13] - HKSCC NOMINEES LIMITED holds 887,404,700 shares, representing 29.02% of total shares[13] - The top ten shareholders hold a total of 2,740,000,000 shares, which is approximately 89.39% of the total shares[15] - The company has not disclosed any related party relationships among the top shareholders[14] Investment Projects - The Chengle Expressway expansion project has an estimated total investment of approximately RMB 251.5 billion, with cumulative investment completed as of March 31, 2023, amounting to RMB 10.34 billion[17] - The Tianqiong Expressway BOT project has an estimated total investment of approximately RMB 86.85 billion, with cumulative investment completed as of March 31, 2023, amounting to RMB 3.146 billion[18] - The Chengle Expressway expansion project is expected to alleviate traffic pressure and improve overall traffic capacity and service levels[17] - The project company for the Tianqiong Expressway was established with a registered capital of RMB 1.737 billion, of which the company subscribed RMB 1.42434 billion[18] Expenses and Costs - Total operating costs for Q1 2023 were CNY 1,497,116,484.94, down from CNY 1,704,728,358.79 in Q1 2022, representing a decrease of about 12.2%[27] - Research and development expenses for Q1 2023 were CNY 76,427,558.61, compared to CNY 102,212,967.84 in Q1 2022, a reduction of approximately 25.3%[28] - Interest expenses decreased to 89,656,885.15 CNY in Q1 2023 from 116,037,558.30 CNY in Q1 2022, a reduction of about 23%[30] - Cash outflow for purchasing fixed assets and other long-term assets in Q1 2023 was 1,200,340,004.64, an increase from 950,775,036.67 in Q1 2022, suggesting increased capital expenditure[38] - Cash paid for financing activities in Q1 2023 was 478,850,228.47, slightly lower than 506,639,111.39 in Q1 2022, indicating a reduction in financing costs[39]
四川成渝高速公路(00107) - 2023 Q1 - 季度业绩