WZJT(600368)2023-10-23 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 411,344,106.19, representing a year-on-year increase of 16.09%[5] - The net profit attributable to shareholders for Q3 2023 was CNY 203,916,755.47, up 49.55% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 80.64% year-on-year, amounting to CNY 198,888,302.12[5] - Basic earnings per share for Q3 2023 were CNY 0.1647, reflecting a growth of 35.99% compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥1,178,776,652.18, an increase of 6.5% compared to ¥1,106,744,283.97 in the same period of 2022[21] - Operating profit for the first three quarters of 2023 was ¥633,902,854.84, up from ¥516,248,790.92 in the previous year, reflecting a growth of 22.7%[22] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥550,002,493.14, compared to ¥459,148,976.43 in 2022, marking an increase of 19.8%[23] - The total comprehensive income for the first three quarters of 2023 was ¥546,579,423.88, up from ¥457,077,959.59 in the previous year, reflecting a growth of 19.6%[23] Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 9,627,325,365.66, a decrease of 1.81% from the end of the previous year[6] - The total current assets as of September 30, 2023, amounted to CNY 1,700,498,710.47, an increase from CNY 1,537,933,239.83 in the previous year[15] - Total non-current assets decreased to CNY 7,926,826,655.19 from CNY 8,266,426,994.95 year-over-year[17] - Total assets decreased to CNY 9,627,325,365.66 from CNY 9,804,360,234.78 year-over-year[17] - The total liabilities decreased from ¥4,172,306,432.25 in the previous year to ¥3,507,225,006.78, a reduction of approximately 15.9%[18] - The company's total non-current liabilities decreased from ¥2,590,357,108.94 to ¥2,309,006,780.61, a decline of about 10.8%[18] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 850,566,908.21, down 41.17% compared to the previous year[6] - The net cash flow from operating activities for Q3 2023 was $850,566,908.21, a decrease of 41.2% compared to $1,445,700,487.10 in Q3 2022[26] - Cash received from sales of goods and services was ¥1,249,953,650.74, an increase from ¥1,123,641,725.18 in the same period last year, reflecting a growth of 11.3%[25] - Cash paid for operating activities increased to $729,089,191.45 from $552,002,693.24, reflecting a rise of 32.1% year-over-year[26] - The company reported a significant increase in cash paid for debt repayment, totaling $1,146,524,732.03 compared to $847,984,744.59 in Q3 2022[27] - The company experienced a net decrease in cash and cash equivalents of $67,794,544.29 during the quarter, contrasting with an increase of $210,217,460.45 in the same period last year[27] Shareholder Information - The company reported a total of 40,200 common shareholders at the end of the reporting period[13] - The largest shareholder, Guangxi Transportation Investment Group, holds 36.45% of the shares, totaling 451,350,528 shares[13] Strategic Outlook - The company plans to continue expanding its market presence and enhancing its operational efficiency through strategic investments and partnerships[11] - The increase in investment income from subsidiaries, including Guangxi Quanxing Highway Development Co., Ltd. and Guangxi Wuzhou Cenwu Highway Co., Ltd., was a key driver of profit growth[11]