山东路桥(000498) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥16,839,482,283.80, representing an increase of 82.41% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2021 was ¥518,679,053.36, a 131.06% increase year-over-year[7]. - The net profit after deducting non-recurring gains and losses was ¥532,148,353.86, reflecting a 164.84% increase compared to the previous year[7]. - The basic earnings per share for Q3 2021 was ¥0.3331, up 66.22% from ¥0.2065 in the same quarter last year[7]. - The total profit amounted to CNY 2,073,260,390.05, an increase of 81.09% compared to the previous year[17]. - Net profit attributable to shareholders reached CNY 1,298,383,590.96, up 89.26% year-on-year[17]. - The net profit for the period was ¥2,073,143,901.26, compared to ¥1,148,937,288.74, showing an increase of approximately 80.7%[43]. - The total comprehensive income for the period was ¥1,674,019,080.23, compared to ¥862,424,320.32 in the previous period, showing a substantial increase[49]. Assets and Liabilities - The total assets at the end of the reporting period were ¥75,124,179,542.74, an increase of 36.39% compared to the end of the previous year[7]. - The company's total assets increased significantly due to new acquisitions and expansions, with intangible assets rising by 82.09% to CNY 332,836,613.81[15]. - Total assets increased to ¥75,124,179,542.74 from ¥55,080,915,338.19, representing a growth of approximately 36.4% year-over-year[36]. - The total liabilities increased to ¥59,173,235,030.54 from ¥42,186,415,968.26, representing a growth of about 40.3%[40]. - Long-term borrowings and bonds payable rose by 35.87% to CNY 6,146,258,019.24, mainly due to the issuance of corporate bonds[15]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥3,325,494,664.50, worsening by 75.82% compared to the same period last year[7]. - The company reported a net cash outflow from operating activities of CNY -3,325,494,664.50, a 75.82% increase in cash outflow[17]. - Cash inflows from operating activities totaled ¥26,246,689,060.56, compared to ¥15,647,760,724.09 in the previous period, marking a growth of approximately 67%[50]. - Cash outflows from operating activities were ¥29,572,183,725.06, up from ¥17,539,215,951.55, leading to a net cash flow from operating activities of -¥3,325,494,664.50[53]. - The net cash flow from investment activities was -¥1,961,985,954.72, compared to -¥220,113,746.25 in the previous period, reflecting a worsening position[53]. Shareholder Information - The total number of shares after the stock option plan execution increased to 1,558,028,003 shares, with 1,011,800 options exercised during the reporting period[25]. - The top ten unrestricted shareholders hold a total of 230,634,574 shares, with Shandong High-Speed Group Co., Ltd. being the largest shareholder, holding 55,888,000 shares[22]. - The company has released 230,634,574 shares from restrictions, which became tradable on October 19, 2021, enhancing liquidity in the market[25]. - The company’s major shareholder, Shandong High-Speed Group Co., Ltd., has a controlling stake and is involved in a merger with the former Qilu Transportation Development Group Co., Ltd.[22]. Expenses - Operating costs rose by 85.81% to CNY 34,804,618,372.77, reflecting increased workload[15]. - Research and development expenses increased by 55.64% to CNY 756,784,259.71, due to more R&D projects initiated[17]. - Financial expenses surged by 241.30% to CNY 367,143,640.44, attributed to increased financing activities[17]. - The company reported a tax expense of ¥437,850,704.69, compared to ¥239,465,603.85 in the previous period, which is an increase of approximately 83%[46]. Inventory and Receivables - The company's inventory rose by 60.00% to ¥2,673,235,354.81, attributed to increased procurement due to higher business volume[12]. - Accounts receivable increased to RMB 7,197,473,465.04 from RMB 6,178,886,809.25, reflecting a growth of about 16.43% year-over-year[29]. - The company has seen a significant increase in prepayments, which rose to RMB 1,861,121,770.74 from RMB 844,683,244.70, indicating a growth of approximately 120.00%[29]. Other Information - The company plans to issue convertible bonds with a total fundraising amount not exceeding RMB 300,000.00 million, aimed at financing several PPP projects and supplementing working capital[28]. - The company has implemented new leasing standards effective from January 1, 2021, with no impact on the balance sheet[69]. - The third quarter report was not audited, indicating a potential area for further scrutiny[70].