Financial Performance - Operating revenue for the third quarter was RMB 4,473,101,196.03, a decrease of 2.96% compared to the same period last year[5] - Net profit attributable to shareholders was RMB 1,554,872,523.94, an increase of 21.43% year-on-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,416,772,710.74, up 11.30% from the previous year[5] - Basic earnings per share for the quarter was RMB 0.3086, reflecting a year-on-year increase of 21.43%[5] - For the first nine months of 2023, total operating revenue was approximately RMB 11,609,113 thousand, an increase of about 22.40% year-on-year[14] - The net profit attributable to shareholders for the period was approximately RMB 1,554,873 thousand, reflecting a year-on-year increase of about 21.43%[13] - The net profit attributable to shareholders for the group was approximately RMB 4,036,768 thousand, representing a year-on-year increase of 29.84%[18] - Basic earnings per share for the first three quarters of 2023 were ¥0.8013, compared to ¥0.6171 in the first three quarters of 2022, reflecting a growth of 29.8%[28] Revenue Breakdown - Revenue from toll operations reached approximately RMB 2,574,565 thousand, an increase of 17.04% year-on-year, while revenue from ancillary services grew by 51.73% to approximately RMB 488,511 thousand[12] - Toll revenue for the first nine months was approximately RMB 7,096,951 thousand, up 28.26% year-on-year, while revenue from ancillary services surged by 80.45% to approximately RMB 1,388,918 thousand[14] - The company reported a decrease of approximately 64.95% in real estate revenue recognition, totaling RMB 69,535 thousand for the July to September period[12] Operating Costs and Cash Flow - Operating costs for the July to September period were approximately RMB 2,717,327 thousand, a decrease of about 7.93% year-on-year[13] - The total operating cost for the group in the first nine months of 2023 was approximately RMB 6,643,989 thousand, a year-on-year increase of 15.61%[18] - Cash flow from operating activities for the first three quarters of 2023 was ¥5,555,380,675.07, an increase of 38.4% from ¥4,016,242,502.77 in the same period of 2022[31] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 79,470,210,064.25, representing a 1.29% increase from the end of the previous year[5] - Total current assets amounted to RMB 8.98 billion, a decrease from RMB 9.39 billion as of December 31, 2022, reflecting a decline of approximately 4.3%[21] - Total non-current assets increased to RMB 70.49 billion as of September 30, 2023, compared to RMB 69.07 billion at the end of 2022, representing an increase of about 2.0%[22] - Total current liabilities decreased to RMB 10.45 billion as of September 30, 2023, from RMB 13.64 billion at the end of 2022, a reduction of about 23.0%[22] - The company's total liabilities decreased to RMB 39.07 billion as of September 30, 2023, down from RMB 40.51 billion at the end of 2022, a decrease of approximately 3.5%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,972[11] - The top shareholder, Jiangsu Transportation Holding Co., Ltd., holds 54.44% of the shares, totaling 2,742,578,825 shares[9] Traffic and Revenue Growth - In the first nine months of 2023, the average daily vehicle flow for the Shanghai-Nanjing Expressway increased by 62.52% year-on-year, reaching 112,416 vehicles per day[15] - The average daily revenue for the Shanghai-Nanjing Expressway rose by 22.47% year-on-year, amounting to RMB 14,474.23 thousand per day[15] - The average daily vehicle flow for the Wuxi Ring Taihu Highway surged by 100.53% year-on-year, totaling 36,939 vehicles per day[16] - The average daily vehicle flow for the Changjia Expressway increased by 95.59% year-on-year, reaching 62,041 vehicles per day[17] Cash Management and Financing Activities - Cash inflow from financing activities for the first three quarters of 2023 was approximately 16.39 billion, a decrease of 47.8% compared to 31.44 billion in the same period of 2022[33] - Cash outflow from financing activities totaled approximately 19.90 billion, down from 32.58 billion in the previous year, resulting in a net cash flow from financing activities of -3.52 billion[33] - The company incurred 16.76 billion in cash payments for debt repayment, down from 29.41 billion in the previous year[33] - The company’s cash flow management strategies will be crucial in navigating the significant decrease in financing cash inflows and outflows[33]
江苏宁沪高速公路(00177) - 2023 Q3 - 季度业绩