山东路桥(000498) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was CNY 14,212,399,307.90, a decrease of 15.60% compared to the same period last year[7] - Net profit attributable to shareholders for Q3 2022 was CNY 475,252,740.91, down 8.37% year-on-year[7] - Net profit excluding non-recurring gains and losses for Q3 2022 was CNY 453,551,671.11, a decrease of 14.77% compared to the previous year[7] - The company reported a basic earnings per share of CNY 0.2803, down 15.85% year-on-year[7] - Total operating revenue for the current period reached ¥42,969,498,634.39, an increase from ¥39,098,051,574.83 in the previous period, representing a growth of approximately 7.4%[35] - Net profit for the current period was ¥1,885,330,022.81, compared to ¥1,635,409,685.36 in the previous period, reflecting a growth of approximately 15.2%[38] - The total comprehensive income for the period was CNY 1,783,459,971.07, compared to CNY 1,674,019,080.23 in the previous period, reflecting an increase of approximately 6.5%[42] - Basic and diluted earnings per share increased to CNY 0.8952 from CNY 0.8339, representing a growth of about 7.3%[42] Assets and Liabilities - Total assets at the end of Q3 2022 reached CNY 94,691,866,978.26, an increase of 13.56% from the end of the previous year[7] - Shareholders' equity attributable to the parent company was CNY 14,707,599,613.68, up 8.74% year-on-year[7] - The company's total assets amounted to ¥94.69 billion, an increase from ¥83.39 billion at the beginning of the year, reflecting a growth of approximately 13.5%[29] - The company's current assets totaled ¥69.25 billion, up from ¥61.67 billion at the start of the year, indicating a growth of about 12.6%[32] - The total liabilities increased to ¥73,600,635,625.52 from ¥63,373,705,908.60, representing a growth of about 16.5%[35] - The company's short-term borrowings increased by 54.85% to CNY 6,954,527,561.98 due to business expansion[12] - Long-term borrowings rose to ¥7,703,701,733.67 from ¥5,299,113,013.26, an increase of approximately 45.4%[35] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -1,709,877,421.21, a decrease of 48.58% compared to the previous year[7] - Cash inflows from operating activities totaled CNY 40,178,789,367.40, up from CNY 26,246,689,060.56, indicating a significant increase of approximately 53%[46] - The net cash flow from operating activities was negative at CNY -1,709,877,421.21, an improvement from CNY -3,325,494,664.50 in the previous period[46] - Cash inflows from investment activities were CNY 632,885,788.69, down from CNY 3,208,161,148.28, a decrease of approximately 80.3%[46] - Cash inflows from financing activities increased to CNY 14,012,431,225.46 from CNY 12,152,292,629.99, reflecting a growth of about 15.3%[46] - The net cash flow from financing activities was CNY 3,340,550,088.65, down from CNY 4,200,762,004.44, a decrease of approximately 20.5%[46] - The cash and cash equivalents at the end of the period were CNY 5,353,788,020.50, compared to CNY 5,699,163,405.14 at the end of the previous period, a decrease of about 6.1%[46] Expenses and Income - Total operating costs amounted to ¥40,474,317,532.72, up from ¥36,907,425,144.92, indicating an increase of about 9.4%[35] - Research and development expenses increased to ¥897,290,593.39 from ¥756,784,259.71, marking a rise of about 18.6%[38] - Tax and additional fees increased by 31.91% to ¥111,033,753.50 due to increased taxable income from higher work volume[16] - Sales expenses decreased by 56.28% to ¥4,282,848.72 as a result of reduced sales costs from acquired companies[16] - Other income rose by 65.58% to ¥22,312,215.87, primarily from government subsidies and tax refunds[16] - Investment income fell by 59.00% to ¥61,176,449.54 due to decreased returns from joint ventures[16] - The company reported a tax refund of CNY 624,423,987.83, significantly higher than CNY 44,346,663.66 in the previous period, indicating a substantial increase of approximately 1,309%[43] Inventory and Borrowings - The company’s inventory increased by 33.99% to CNY 3,347,406,785.21, attributed to increased business volume[12] - The company's short-term borrowings rose significantly to ¥6.95 billion from ¥4.49 billion, marking an increase of approximately 55.1%[32] - Credit impairment losses increased by 83.58% to -¥67,582,565.60, attributed to a rise in receivables[16] - Asset disposal gains surged by 1749.02% to ¥15,312,192.90 from increased fixed asset disposals[16] - Other comprehensive income after tax decreased significantly by 363.85% to -¥101,870,051.74 due to increased foreign currency translation differences[16] Stock and Bonds - The company implemented stock option incentive plans, adjusting exercise prices and increasing total share capital to 1,560,629,303 shares[24] - The company is in the process of issuing convertible bonds, with the approval from the China Securities Regulatory Commission received on August 2, 2022[28] - The company plans to address feedback from the regulatory body regarding the convertible bond issuance, with responses submitted by September 10, 2022[28] - The company issued bonds worth CNY 2,800,000,000.00 during the reporting period, reflecting a 55.56% increase compared to the previous year[14]