Financial Performance - Operating revenue for the first quarter reached CNY 2,578,308,102.06, representing a year-on-year increase of 7.77%[3] - Net profit attributable to shareholders of the listed company was CNY 795,301,448.02, a decrease of 30.49% compared to the same period last year[3] - Basic earnings per share were CNY 0.1579, reflecting a decline of 30.47% year-on-year[3] - The group achieved an operating profit of approximately RMB 1,034,888 thousand in Q1 2022, a decrease of 30.57% year-on-year, with net profit attributable to shareholders of approximately RMB 795,301 thousand, resulting in earnings per share of approximately RMB 0.1579, down 30.47% year-on-year[18] - Operating profit for Q1 2022 was ¥1,034,887,586.26, down 30.6% from ¥1,490,608,891.01 in Q1 2021[29] - Net profit attributable to shareholders for Q1 2022 was ¥785,441,990.66, a decrease of 31.9% from ¥1,154,108,744.03 in Q1 2021[30] Cash Flow - The net cash flow from operating activities amounted to CNY 1,102,847,758.55, an increase of 6.25% compared to the previous year[3] - Cash flow from operating activities for Q1 2022 was ¥1,102,847,758.55, an increase from ¥1,037,934,638.41 in Q1 2021[34] - Cash inflow from investment activities for Q1 2022 was ¥1,028,353,849.98, a decrease from ¥2,288,839,274.39 in Q1 2021[35] - Cash outflow from investment activities totaled $1,813,849,634.39 in Q1 2022, a decrease of 56.2% compared to $4,139,681,039.57 in Q1 2021[36] - Net cash flow from financing activities was negative $325,088,712.11 in Q1 2022, contrasting with a positive $983,672,977.99 in Q1 2021[37] - The net increase in cash and cash equivalents was negative $7,736,737.97 in Q1 2022, compared to a positive increase of $170,765,851.22 in Q1 2021[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 68,629,183,231.63, up 1.43% from the end of the previous year[3] - Total assets as of March 31, 2022, amounted to ¥68,629,183,231.63, compared to ¥67,662,020,722.45 as of December 31, 2021[27] - Total liabilities decreased from RMB 32,302,127,737.00 as of December 31, 2021, to RMB 31,845,998,872.84 as of March 31, 2022[26] - The company reported a total of RMB 12,296,623,275.50 in current liabilities as of March 31, 2022, down from RMB 12,969,343,154.73 as of December 31, 2021[25] - Long-term borrowings remained stable at approximately RMB 13,027,823,778.95 as of March 31, 2022, compared to RMB 13,028,697,541.04 as of December 31, 2021[26] Business Segments - The toll road business generated revenue of approximately RMB 1,823,287 thousand, a decrease of 7.86% compared to the same period last year[13] - The real estate business reported operating revenue of approximately RMB 222,296 thousand, a significant increase of 199.09% year-on-year[14] - The oil sales segment achieved revenue of approximately RMB 281,621 thousand, an increase of 10.68% year-on-year, despite a 58.88% drop in gross profit margin[14] - The average daily revenue for the Shanghai-Nanjing Expressway Jiangsu section was approximately RMB 12,006.38 thousand, down 15.29% year-on-year[13] - The group's average daily traffic volume for the Shanghai-Nanjing Expressway was 86,544 vehicles, a decrease of 18.08% year-on-year[16] - The Wuxi Ring Taihu Expressway saw a daily revenue increase of 45.21%, with an average daily income of RMB 215.75 thousand[15] - The average daily revenue for the Changji Expressway increased by 34.34% year-on-year, reaching RMB 255.12 thousand[17] Shareholder Information - The company reported a total of 30,805 ordinary shareholders at the end of the reporting period[8] - The Jiangsu Transportation Holding Co., Ltd. holds 2,742,578,825 shares, representing the largest shareholding in the company[11] - The company has not identified any related party relationships among the top shareholders during the reporting period[12] Investment Activities - The company decided to terminate the acquisition of a toll bridge project in Turkey due to failure to reach consensus on refinancing arrangements, with the termination agreement signed on March 9, 2022[19] - The company approved an investment of up to RMB 698,458.72 thousand for the construction of the Longtan Bridge North Connection Project, increasing its stake in Jiangsu Longtan Bridge Co., Ltd. from 53.6% to 57.33%[20] - The registered capital of Suzhou Highway Management Co., Ltd. increased to RMB 254,339.29 thousand, resulting in a decrease in the company's shareholding from 30.01% to 23.86%[21]
江苏宁沪高速公路(00177) - 2022 Q1 - 季度财报