Ganyue Expressway(SH:600269)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,446,748,083.21, a decrease of 5.77% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2021 was ¥94,960,262.77, down 69.34% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥248,405,097.45, a decrease of 6.50% compared to the same period last year[7]. - The basic earnings per share for Q3 2021 was ¥0.04, a decline of 69.23% year-on-year[10]. - Total operating revenue for the first three quarters of 2021 reached RMB 4,145,554,447.48, a 24.5% increase from RMB 3,326,976,126.09 in the same period of 2020[36]. - Operating profit for the first three quarters of 2021 was RMB 826,861,065.49, compared to a loss of RMB 42,129,760.25 in the same period of 2020[36]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was RMB 603,018,234.47, significantly up from RMB 99,982,981.69 in the same period of 2020[37]. - The company recorded a total comprehensive income of RMB 629,553,008.20 for the first three quarters of 2021, compared to RMB 128,082,478.51 in the same period of 2020[37]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥34,704,962,798.74, a decrease of 1.87% compared to the end of the previous year[10]. - The company's total assets amounted to CNY 34.70 billion, a decrease from CNY 35.36 billion at the end of 2020, representing a decline of approximately 1.87%[28]. - The company's total liabilities were CNY 16.90 billion, a decrease from CNY 17.62 billion, representing a decline of about 4.1%[32]. - The company reported a significant reduction in short-term borrowings, which decreased to CNY 450.43 million from CNY 2.05 billion, a decline of approximately 78.05%[32]. - The company's long-term borrowings decreased to CNY 246.95 million from CNY 536 million, a decline of about 54.0%[32]. - Total liabilities amounted to approximately $17.62 billion, a slight decrease from $17.66 billion in the previous period[52]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,359,655,520.20, an increase of 57.65%[10]. - Cash flow from operating activities for the first three quarters of 2021 was RMB 2,359,655,520.20, an increase from RMB 1,496,759,575.11 in the same period of 2020[42]. - The net cash flow from investing activities was -$517.97 million, compared to -$89.87 million in the previous period, indicating a significant increase in investment outflows[44]. - The net increase in cash and cash equivalents was $125.86 million, a sharp decline from $2.38 billion in the prior period[44]. - The ending balance of cash and cash equivalents stood at $2.61 billion, down from $4.42 billion in the previous period, representing a decrease of approximately 41%[44]. Income and Expenses - The company incurred operating expenses of 3,997.50 million, largely due to an increase in fixed asset scrapping[17]. - The total tax expenses for the current period were recorded at -63.68 million, reflecting a decrease in realized profits[17]. - The company reported a significant increase in other income, totaling 548.36 million, primarily from tax contribution awards received by subsidiaries[17]. - Research and development expenses increased to RMB 24,579,272.95 in the first three quarters of 2021, compared to RMB 22,446,601.72 in the same period of 2020[36]. - The company’s financial expenses decreased to RMB 399,569,772.34 in the first three quarters of 2021, down from RMB 429,610,346.33 in the same period of 2020[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 71,892, with the largest shareholder holding 47.52% of the shares[20]. - The company's equity attributable to shareholders reached CNY 15.98 billion, slightly up from CNY 15.90 billion, indicating an increase of approximately 0.52%[32]. - The total owner's equity attributable to the parent company was approximately $15.90 billion, unchanged[52].