皖通高速(600012) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥893,662,778.43, a decrease of 3.47% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥378,562,826.63, an increase of 1.84% year-on-year[4] - For the year-to-date period, the operating revenue reached ¥2,581,313,394.81, reflecting a significant increase of 47.95% compared to the previous year[4] - The net profit attributable to shareholders for the year-to-date period was ¥1,088,827,889.25, showing a substantial increase of 126.18% year-on-year[4] - The basic earnings per share for Q3 2021 was ¥0.2283, up by 1.84% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥2,581,313,394.81, a significant increase of 48.2% compared to ¥1,744,686,313.56 in the same period of 2020[24] - Net profit for the first three quarters of 2021 was ¥1,123,036,855.70, up 170.5% from ¥414,924,621.98 in the previous year[24] - Basic earnings per share for Q3 2021 was ¥0.6565, compared to ¥0.2902 in Q3 2020, reflecting a growth of 126.3%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,633,127,490.05, representing an increase of 8.57% from the end of the previous year[5] - Total assets increased to ¥17,633,127,490.05 in Q3 2021, up from ¥16,240,743,095.33 in Q3 2020, marking a growth of 8.6%[23] - Total liabilities rose to ¥5,089,779,204.26 in Q3 2021, compared to ¥4,326,109,729.27 in Q3 2020, an increase of 17.6%[23] - Non-current liabilities increased significantly to ¥3,654,361,896.26 in Q3 2021, up from ¥2,201,742,469.12 in Q3 2020, representing a growth of 65.9%[23] - The company’s total equity reached ¥12,543,348,285.79 in Q3 2021, compared to ¥11,914,633,366.06 in Q3 2020, an increase of 5.3%[23] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,663,969,853.65, an increase of 49.55% compared to the previous year[5] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 1,663,969,853.65, an increase of 49.4% compared to CNY 1,112,686,694.98 in the same period of 2020[27] - Total cash inflow from operating activities reached CNY 2,708,235,782.71, up from CNY 1,759,330,125.40, reflecting a growth of 53.8% year-over-year[27] - The net increase in cash and cash equivalents for the period was CNY 1,935,651,927.08, compared to a decrease of -CNY 786,995,280.95 in the previous year[28] - The ending balance of cash and cash equivalents stood at CNY 3,903,406,047.42, up from CNY 1,118,266,635.46 at the end of the same period last year[28] Traffic and Toll Revenue - The total traffic volume for the 合宁高速公路 in Q3 2021 was 36,200 vehicles, an increase of 4.18% compared to 34,748 vehicles in Q3 2020[15] - The toll revenue for the 合宁高速公路 in Q3 2021 reached RMB 306,555,000, reflecting a 1.87% increase from RMB 300,915,000 in Q3 2020[15] - The total toll revenue for the first nine months of 2021 was RMB 2,596,548,000, a significant increase of 60.69% compared to RMB 1,615,847,000 in the same period of 2020[17] - The average daily traffic volume for the 高界高速公路 in Q3 2021 was 23,599 vehicles, up 6.53% from 22,152 vehicles in Q3 2020[15] - The toll revenue for the 高界高速公路 in Q3 2021 was RMB 220,686,000, which is a 3.90% increase from RMB 212,399,000 in Q3 2020[15] Government Subsidies and Investments - The company received government subsidies amounting to ¥2,559,921.28 during the reporting period, contributing to its financial performance[6] - The company’s long-term equity investments decreased to RMB 130,103,515.03 as of September 30, 2021, from RMB 136,982,397.72 at the end of 2020[22] - The company received CNY 30,269,883.70 in investment income, down from CNY 36,655,481.40 in the previous year[27] Other Financial Metrics - The weighted average return on equity for the year-to-date period was 9.34%, an increase of 4.96 percentage points year-on-year[5] - The company reported a decrease in total operating costs to ¥1,091,257,524.08 in the first three quarters of 2021, down from ¥1,162,529,446.67 in the same period of 2020, a reduction of 6.1%[24] - Investment properties amounted to ¥380,712,923.95 in Q3 2021, slightly down from ¥396,055,639.68 in Q3 2020, a decrease of 3.9%[23] - The company reported an increase in other income to ¥4,745,348.46 in the first three quarters of 2021, compared to ¥2,423,406.12 in the same period of 2020, a growth of 95.7%[24] Debt and Financing Activities - The company paid CNY 993,200,440.34 in debt repayment, compared to CNY 219,408,933.47 in the previous year, indicating a significant increase in debt servicing[27] - Cash inflow from financing activities was CNY 1,926,796,072.22, significantly higher than CNY 420,427,900.00 in the same period last year, marking an increase of 357.5%[27] Strategic Decisions - The company has decided to liquidate its financial project, 皖通典当, due to adverse industry conditions and increasing market competition[20] - The new toll fee standards were officially implemented on January 1, 2021, with a 5% discount for ETC users[18] - The total number of ordinary shareholders at the end of the reporting period was 24,932[11] - The total number of A-share shareholders was 24,863, while H-share shareholders numbered 69 as of the report date[14]