Ge Long Hui A P P·2026-03-29 08:55Core Viewpoint - Ninghu Expressway (600377.SH) reported a decline in revenue and net profit for the year, indicating challenges in its financial performance and potential impacts from external factors [1] Financial Performance - As of the end of 2025, the company's total assets are approximately RMB 96.389 billion, with net assets attributable to shareholders of approximately RMB 41.443 billion [1] - The company achieved an annual operating revenue of approximately RMB 20.289 billion, a year-on-year decrease of about 12.54%. Excluding construction revenue, the operating revenue was approximately RMB 12.134 billion, down about 1.61% year-on-year [1] - The total profit amounted to approximately RMB 6.106 billion, a year-on-year decline of about 3.34%, while the net profit attributable to shareholders was approximately RMB 4.594 billion, down about 7.13% year-on-year [1] - Earnings per share were reported at RMB 0.9119, with operating net cash flow of approximately RMB 6.762 billion and a weighted average return on equity of 11.48% [1]