Chutian Expressway(SH:600035)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥765,553,024.48, a decrease of 5.07% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥194,875,186.02, an increase of 8.02% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥188,105,222.61, reflecting an increase of 8.33% compared to the previous year[9]. - The basic earnings per share for Q3 2022 was ¥0.12, up by 9.09% year-on-year[9]. - Total revenue for the first three quarters of 2022 was ¥2,205,062,643.28, a decrease of 7.1% compared to ¥2,373,682,063.87 in the same period of 2021[35]. - Operating profit for the third quarter of 2022 was ¥878,753,869.85, compared to ¥909,823,726.84 in the previous year, indicating a decline of 3.4%[38]. - Net profit for the third quarter of 2022 was ¥880,333,959.69, down from ¥910,447,574.99 in the same quarter of 2021, representing a decrease of 3.7%[38]. - Net profit for Q3 2022 was ¥454,643,954.31, down from ¥534,085,100.40 in Q3 2021, indicating a decrease of about 14.9%[58]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥18,020,306,982.77, representing a 2.67% increase from the end of the previous year[9]. - Total assets increased to ¥18,020,306,982.77 in Q3 2022 from ¥17,551,713,032.04 in Q3 2021, marking a growth of 2.7%[35]. - Total liabilities amounted to ¥9,667,393,139.62 in Q3 2022, slightly up from ¥9,627,402,190.08 in Q3 2021, reflecting an increase of 0.4%[35]. - Non-current liabilities totaled ¥6,456,830,620.42 in Q3 2022, compared to ¥5,739,494,733.41 in Q3 2021, showing an increase of 12.5%[35]. - The company's total liabilities amounted to ¥5,430,072,468.62, an increase from ¥5,179,202,876.41, reflecting a rise of approximately 4.83%[54]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,142,404,943.75, an increase of 6.07% year-on-year[9]. - The net cash flow from operating activities was CNY 1,142,404,943.75, compared to CNY 1,077,047,543.43 in the same period last year, indicating an increase of about 6.06%[47]. - The company's cash and cash equivalents decreased to ¥1,501,004,444.43 in Q3 2022 from ¥1,508,490,136.54 in Q3 2021, a decline of 0.3%[35]. - Cash and cash equivalents at the end of the period reached CNY 1,737,120,499.80, up from CNY 1,047,913,464.17, showing a significant increase of approximately 65.69%[47]. - The net cash flow from investing activities was negative at CNY -77,371,391.99, worsening from CNY -15,240,026.13 in the previous year[47]. - The net cash flow from financing activities was CNY -167,365,409.86, an improvement from CNY -735,252,310.13 year-over-year[47]. - The company received CNY 4,798,716,750.00 in cash from borrowings, significantly higher than CNY 2,548,672,544.86 in the previous year[47]. Research and Development - Research and development expenses decreased by 82.47% year-to-date, reflecting adjustments in the smart technology business[16]. - Research and development expenses for the third quarter of 2022 were ¥4,821,552.70, significantly lower than ¥27,508,839.00 in the same quarter of 2021, a decrease of 82.5%[38]. - Research and development expenses for the first three quarters of 2022 were ¥411,399.00, significantly lower than ¥6,825,628.43 in the same period of 2021, indicating a decrease of about 93.98%[56]. Equity and Shareholder Information - Shareholders' equity attributable to the parent company reached ¥7,404,421,631.93, an increase of 5.81% compared to the previous year[9]. - The net profit attributable to shareholders of the parent company was CNY 634,661,270.94, an increase from CNY 626,759,432.29 in the previous year, reflecting a growth of approximately 0.14%[41]. - The total comprehensive income attributable to shareholders of the parent company was CNY 632,022,377.49, slightly up from CNY 630,904,521.43 year-over-year[44]. - The company's retained earnings rose to ¥3,328,993,874.85 in Q3 2022, up from ¥2,919,748,830.05 in Q3 2021, indicating an increase of 14.0%[35]. - The company reported a total equity of ¥7,201,943,291.41, up from ¥6,972,715,563.24, reflecting an increase of about 3.29%[56]. Current Assets and Inventory - As of September 30, 2022, the company's total current assets reached approximately CNY 2.41 billion, a significant increase from CNY 1.55 billion at the end of 2021, representing a growth of 55.5%[29]. - The company's cash and cash equivalents amounted to CNY 1.74 billion, up from CNY 842.58 million, indicating an increase of 106.4% year-over-year[29]. - Accounts receivable increased to CNY 429.36 million from CNY 407.12 million, reflecting a growth of 5.6%[29]. - The company reported a decrease in inventory from CNY 134.43 million to CNY 93.77 million, a decline of 30.2%[29]. - Long-term receivables rose to CNY 9.59 million from CNY 4.50 million, marking an increase of 113.3%[29]. - The company’s total non-current assets decreased slightly from CNY 1.25 billion to CNY 1.23 billion, a decline of 1.6%[29].