Financial Performance - The total revenue for the year-to-date reached RMB 9,484,797,722.84, representing an increase of 24.0% compared to RMB 7,659,400,764.81 in the same period last year[3]. - The net profit attributable to shareholders decreased by 19.11% to RMB 1,228,979,476.26 from RMB 1,542,538,210.92 year-on-year[5]. - The basic earnings per share for the quarter was RMB 0.2488, down 19.11% from RMB 0.2230 in the same period last year[6]. - The company's operating revenue for the year-to-date period increased due to new electricity sales from Yunshan Qingneng and recognition of construction income under the total amount method for eligible PPP projects[16]. - Net profit attributable to shareholders decreased due to reduced toll revenue and service area business income, as well as increased financial expenses from the commencement of interest capitalization for the Wufengshan Bridge[16]. - Basic earnings per share for the year-to-date period showed a decline, reflecting the overall decrease in net profit attributable to shareholders[16]. - In the July to September period, the group achieved total operating revenue of approximately RMB 4,608.05 million, a year-on-year increase of 70.06%[22]. - Net profit attributable to shareholders for the July to September 2022 period was approximately RMB 1,253,606 thousand, representing an increase of about 11.60% compared to the same period last year[23]. - For the first nine months of 2022, total operating revenue reached approximately RMB 9,484,798 thousand, a year-on-year increase of about 19.23%[24]. - Operating profit for the first nine months was approximately RMB 3,913,975 thousand, a decrease of about 20.56% year-on-year, with net profit attributable to shareholders at approximately RMB 3,109,037 thousand[27]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 76,676,946,117.37, reflecting a year-on-year increase of 3.31% from RMB 67,662,020,722.45[7]. - Total liabilities increased to RMB 39,438.89 million as of September 30, 2022, from RMB 36,609.25 million at the end of 2021[36]. - The company's total equity as of September 30, 2022, was RMB 37,238.06 million, a slight decrease from RMB 37,611.37 million at the end of 2021[37]. - Long-term investments rose to RMB 10,717.15 million as of September 30, 2022, compared to RMB 10,155.55 million at the end of 2021[34]. - The total cash outflow from financing activities increased to ¥32,578,795,033.01 in 2022, up from ¥21,980,338,745.93 in 2021, reflecting higher dividend and interest payments[46]. Cash Flow - The net cash flow from operating activities showed a decline of 6.40% compared to the previous period[6]. - Cash flow from operating activities decreased by 6.40% year-on-year, impacted by the decline in toll and service area business income due to the pandemic[16]. - Cash flow from operating activities generated a net amount of ¥4,016,242,502.77, a decrease from ¥4,290,901,509.18 in the previous year[45]. - Cash inflow from investment activities decreased to ¥11,697,230,664.63 in the first three quarters of 2022, down 20% from ¥14,609,761,960.03 in the same period of 2021[46]. - Net cash flow from investment activities improved to -¥2,689,267,770.59 in 2022, compared to -¥6,388,577,321.89 in 2021, indicating a reduction in cash outflow[46]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,177, with a total of 31,771 A-share shareholders and 406 H-share shareholders[21]. - The top shareholder, Jiangsu Transportation Holding Co., Ltd., holds 54.44% of the shares, totaling 2,742,578,825 shares[18]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Jiangsu Yunshan Clean Energy Investment Holdings Co., Ltd. for RMB 2,457,000,000, enhancing its market position[8]. - The company completed the acquisition of 100% equity in Yunsong Qingneng for RMB 2,457 million, resulting in consolidation of the company in the financial statements[28]. - The company increased its stake in Jiangsu Longtan Bridge Co. from 53.6% to 57.33% by investing RMB 2,095.37 million in the Longtan Bridge North Connection Project, with total investment reaching RMB 1,446.17 million as of the reporting period[29]. Other Financial Metrics - The weighted average return on net assets was 9.62%, indicating a stable performance despite the challenges faced[6]. - Non-operating income included government subsidies amounting to RMB 7,471,476.70, primarily related to highway construction compensation[10]. - The company reported a loss of RMB 4,562,248.88 from the disposal of non-current assets during the reporting period[9]. - The average daily traffic flow on the Shanghai-Nanjing Expressway decreased by about 23.99% year-on-year, with average daily revenue dropping by about 15.68%[25].
江苏宁沪高速公路(00177) - 2022 Q3 - 季度财报