Ganyue Expressway(SH:600269)2019-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 21.97% to CNY 1,007,724,726.10 year-on-year[18]. - Operating revenue for the first nine months increased by 5.84% to CNY 3,357,541,394.35 compared to the same period last year[18]. - The company reported a 471,534.35% increase in fair value gains to CNY 150,996,189.18 from trading financial assets[28]. - Total operating revenue for Q3 2019 was CNY 1,182,026,618.60, an increase of 9.8% compared to CNY 1,076,599,078.21 in Q3 2018[52]. - Net profit for the first three quarters of 2019 reached CNY 9,148,313,015.90, compared to CNY 8,064,107,827.85 in the same period of 2018, marking an increase of 13.4%[49]. - The net profit for Q3 2019 was CNY 39,252,456.05, a decrease from CNY 179,135,478.92 in Q3 2018, representing a decline of approximately 78.1%[63]. - The total profit for the first three quarters of 2019 was CNY 1,261,697,687.52, a decrease from CNY 948,794,532.40 in the same period of 2018, showing an increase of about 32.9%[63]. Assets and Liabilities - Total assets increased by 6.92% to CNY 35,361,118,792.80 compared to the end of the previous year[18]. - Total current liabilities increased by 148.55% to CNY 4,004,987,926.71 due to the issuance of ultra-short-term financing bonds[28]. - Total liabilities increased to ¥18,375,304,583.05 from ¥16,810,019,843.39, reflecting a rise of about 9.3%[39]. - Total non-current assets rose to ¥27,730,428,064.86 from ¥27,301,401,660.72, indicating a growth of about 1.6%[38]. - Total assets reached ¥35,361,118,792.80, up from ¥33,073,103,866.91, which is an increase of approximately 6.9%[39]. - Total liabilities rose to CNY 18,937,568,275.87, up from CNY 17,015,098,800.26, indicating an increase of 11.3%[49]. Shareholder Information - The total number of shareholders at the end of the reporting period was 87,682[24]. - The largest shareholder, Jiangxi Expressway Investment Group, holds 52.51% of the shares[24]. - Shareholders' equity attributable to the parent company increased to ¥15,615,202,799.68 from ¥14,923,450,623.09, a growth of approximately 4.6%[39]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY 1,363,270,033.70, up 4.40% year-on-year[18]. - Cash received from investment activities increased by 118.20% to CNY 214,201,630.95, attributed to a subsidiary's recovery of investments[29]. - Cash inflow from financing activities reached CNY 8,735,500,000.00, a significant increase of 174.5% from CNY 3,180,000,000.00 in the same period last year[76]. - Cash inflow from financing activities reached ¥8,400,000,000.00, significantly higher than ¥2,400,000,000.00 in the previous period[71]. - Cash outflow from investing activities totaled ¥2,250,281,883.23, up from ¥1,686,641,981.90 year-over-year[71]. Expenses and Costs - Operating costs for Q3 2019 were CNY 841,896,175.32, up from CNY 771,892,569.64 in Q3 2018, reflecting a year-over-year increase of 9.1%[52]. - Research and development expenses increased by 84.54% to CNY 31,100,618.77, reflecting higher R&D investments by a subsidiary[28]. - The company reported a financial expense of CNY 127,875,168.48 in Q3 2019, down from CNY 147,937,106.72 in Q3 2018, indicating a decrease of 13.6%[52]. - The company incurred financial expenses of CNY 62,988,215.81 in Q3 2019, down from CNY 79,801,027.72 in Q3 2018, reflecting a decrease of approximately 21.1%[60]. Other Financial Metrics - The weighted average return on equity increased by 0.90 percentage points to 6.57%[18]. - Basic earnings per share for the period was CNY 0.43[21]. - Basic earnings per share for Q3 2019 was CNY 0.05, down from CNY 0.10 in Q3 2018, representing a 50% decrease[56]. - The company reported a credit impairment loss of CNY 2,507,722.60 for the current period, compared to CNY 5,935,072.98 in the previous period[55]. - Other comprehensive income after tax for Q3 2019 was CNY -20,779,627.79, compared to CNY -188,897,041.27 in Q3 2018[63].