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皖通高速(600012) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached ¥2,020,221,328.75, an increase of 72.84% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥511,260,574.55, reflecting a slight increase of 0.78% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥481,653,796.99, showing a decrease of 1.47% compared to the previous year[5]. - The basic earnings per share for the quarter was ¥0.3083, up by 0.78% from the same period last year[5]. - The total operating revenue for the first three quarters of 2023 reached RMB 4.344 billion, an increase from RMB 3.985 billion in the same period of 2022, reflecting a growth of approximately 9.05%[24]. - The company's net profit for the first three quarters of 2023 was not explicitly stated, but the increase in operating revenue and decrease in financial expenses suggest a potential improvement in profitability[24]. - In Q3 2023, the company's net profit reached CNY 1,390,532,682.96, an increase of 20.8% compared to CNY 1,150,997,031.16 in Q3 2022[26]. - The total profit for Q3 2023 was CNY 1,843,048,123.10, up from CNY 1,578,164,080.97 in the same period last year, reflecting a growth of 16.8%[26]. - The company's operating profit for Q3 2023 was CNY 1,838,451,800.20, compared to CNY 1,579,087,329.85 in Q3 2022, marking an increase of 16.4%[26]. Assets and Equity - The total assets at the end of the reporting period amounted to ¥21,958,066,789.64, representing a 3.07% increase from the end of the previous year[5]. - The equity attributable to shareholders increased to ¥12,347,377,979.80, marking a 3.54% rise compared to the previous year[5]. - The total assets of the company as of September 30, 2023, were RMB 21.958 billion, compared to RMB 21.303 billion at the end of 2022, showing a growth of about 3.08%[23]. Cash Flow - The company reported a net cash flow from operating activities of ¥2,247,925,294.46, which is a 27.04% increase year-on-year[5]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 2,247,925,294.46, up from CNY 1,769,476,114.56 in the same period of 2022, representing a growth of 27.0%[28]. - The company reported a net cash outflow from investing activities of CNY -1,501,599,695.43 in the first three quarters of 2023, an improvement from CNY -2,711,389,017.74 in the same period last year[28]. - The cash and cash equivalents at the end of Q3 2023 stood at CNY 2,253,471,520.30, down from CNY 2,768,327,975.10 at the end of Q3 2022[29]. - The company's cash and cash equivalents as of September 30, 2023, amounted to RMB 5.073 billion, up from RMB 4.731 billion at the end of 2022, representing an increase of approximately 7.25%[22]. Traffic and Toll Revenue - In Q3 2023, the average daily traffic volume for the HeNing Expressway was 48,804 vehicles, an increase of 30.41% compared to 37,424 vehicles in Q3 2022[12]. - Toll revenue for the HeNing Expressway in Q3 2023 was RMB 386,749 thousand, up 22.18% from RMB 316,539 thousand in Q3 2022[12]. - The average daily traffic volume for the Ninghuai Expressway in Q3 2023 was 50,325 vehicles, reflecting a 21.20% increase from the previous year[12]. - The average daily traffic volume for the Ningxuanhang Expressway increased by 177.44% to 12,177 vehicles in Q3 2023 compared to the previous year[12]. - The total toll revenue for the first nine months of 2023 was RMB 3,178,993 thousand, an increase of 11.46% compared to RMB 2,852,147 thousand in the same period of 2022[14]. Government Support and Acquisitions - The company received government subsidies amounting to ¥3,665,052.37 during the quarter, related to infrastructure projects[6]. - The company plans to acquire 100% equity of Anhui Liwu Expressway Co., Ltd. for RMB 366,600.39 thousand through issuing A-shares and cash payments[16]. - The company received approval from the State-owned Assets Supervision and Administration Commission for the acquisition transaction[16]. - The company will increase the annual cash dividend ratio to no less than 75% of the net profit attributable to the parent company from 2023 to 2025 following the acquisition[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,331, with the largest shareholder holding 31.63% of the shares[9]. - As of the end of the reporting period, the total number of A-share shareholders was 19,267, and H-share shareholders was 64[11]. Management Changes - The company appointed Wang Xiaowen as the new general manager following the resignation of previous executives[20]. Financial Expenses - The company reported a decrease in financial expenses from RMB 112.683 million in 2022 to RMB 77.373 million in 2023, a reduction of approximately 31.3%[24].