皖通高速(600012) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,286,864,373.72, representing a year-on-year increase of 12.38%[4] - The net profit attributable to shareholders was CNY 459,671,340.30, showing a slight increase of 0.05% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 7.62% to CNY 433,717,075.67[4] - Total revenue for Q1 2024 reached ¥1,286,864,373.72, an increase of 12.4% compared to ¥1,145,086,806.22 in Q1 2023[22] - Net profit for Q1 2024 was ¥474,742,275.92, slightly down from ¥478,671,148.35 in Q1 2023, representing a decrease of 0.6%[22] Cash Flow - The net cash flow from operating activities decreased significantly by 34.52% to CNY 674,132,876.34, primarily due to a decline in toll revenue[7] - In Q1 2024, the company reported a net cash flow from operating activities of ¥674,132,876.34, a decrease of 34.5% compared to ¥1,029,461,546.80 in Q1 2023[24] - Cash inflow from investment activities was ¥191,156,277.79, significantly up from ¥36,677.88 in the same period last year[24] - The net cash flow from investment activities was -¥139,269,068.38, an improvement from -¥966,188,907.14 in Q1 2023[24] - The net cash flow from financing activities was ¥341,313,693.00, a turnaround from -¥6,001,223.83 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 22,644,542,609.70, an increase of 4.17% from the end of the previous year[5] - The company's total assets increased to ¥22,644,542,609.70 in Q1 2024, compared to ¥21,738,743,118.83 in Q1 2023, reflecting a growth of 4.2%[20] - Total liabilities rose to ¥8,047,356,035.50 in Q1 2024, up from ¥7,623,858,820.55 in Q1 2023, marking an increase of 5.6%[20] Shareholder Information - The equity attributable to shareholders increased by 3.63% to CNY 13,116,582,934.28 compared to the end of the previous year[5] - The total equity attributable to shareholders increased to ¥13,116,582,934.28 in Q1 2024 from ¥12,656,911,593.98 in Q1 2023, a growth of 3.6%[20] - The company's major shareholders include Anhui Transportation Holding Group Co., Ltd., holding 31.63% of the shares[8] - As of the end of the reporting period, the total number of A-share shareholders was 18,155, and H-share shareholders totaled 62[11] Traffic and Toll Revenue - The average daily traffic volume for the Huhang Expressway in Q1 2024 was 47,536 vehicles, a decrease of 5.76% compared to 50,444 vehicles in Q1 2023[14] - Toll revenue for the Huhang Expressway in Q1 2024 was RMB 345.602 million, down 4.29% from RMB 361.079 million in Q1 2023[14] - The traffic volume for the Ninghuai Expressway in Q1 2024 was 42,504 vehicles, a decrease of 11.86% from 48,223 vehicles in Q1 2023[15] - The total toll revenue for all expressways in Q1 2024 was RMB 1,022.953 million, reflecting an 8.01% decrease from RMB 1,112.082 million in Q1 2023[15] - The company reported a 34.27% decrease in traffic volume for the Xuanguang Expressway, with an average daily traffic of 20,861 vehicles in Q1 2024[14] Investments and Subsidies - The company recognized a fair value change gain of CNY 31,197,800.00 from its investment in a closed-end infrastructure securities investment fund[6] - The company received government subsidies amounting to CNY 3,635,430.08, related to construction funding for highway projects[6] - The company completed an investment of RMB 6.6417 million in the Anhui Transportation Control Investment Fund during the reporting period[18] - The company also invested RMB 10 million in the Anhui Transportation Control Jinshi Emerging Industry Equity Investment Fund during the reporting period[18] Cost and Expenses - Operating costs for Q1 2024 were ¥706,927,947.54, up 45.0% from ¥487,539,973.17 in Q1 2023[22] - The company provided a total of RMB 226 million in policy-related fee reductions during Q1 2024, including RMB 34 million for green channel vehicles[16] - Cash received from sales and services was ¥1,065,791,117.72, a decline of 35.1% from ¥1,646,294,503.14 in Q1 2023[24] - The company paid ¥133,564,241.20 for goods and services in Q1 2024, down from ¥381,347,631.91 in Q1 2023[24] - The company’s cash outflow for investment activities was ¥330,425,346.17, a decrease from ¥966,225,585.02 in the same quarter last year[24]