TigerResearch/tigerbot-earning-plugin huggingface dataset:
Total 2,341,879,602.73 Current income tax expense accounted by tax and relevant
585,469,900.69
Influence of income tax before adjustment 195,238.73 Influence of non taxable income -52,274,937.65 Impact of non-deductible costs, expenses and losses 15,884,949.59 The current period does not affect the deferred tax assets
recognized deductible temporary differences or deductible loss
12,790,588.08
Other -14,774,387.35 Income tax expense 547,291,352.09
53.Items of Cash flow statement
(1)Other cash received from business operation
Interest income 44,010,814.62 64,220,887.86 Unit current account 76,546,511.83 62,196,377.10 Total 120,557,326.45 126,417,264.96
(2)Other cash paid related to operating activities
Management expense 28,648,089.97 37,053,815.32 Unit current account 98,694,135.34 45,656,506.01 Donation 12,000,000.00 Total 127,342,225.31 94,710,321.33
(3).Cash receivable related to other Financing activities
Government infrastructure investment subsidies
57,350,200.00 140,145,195.50
Internal fund lending of the group 500,000,000.00
Total 557,350,200.00 140,145,195.50
(4)Cash paid related to other Financing activities
Issuance fee of medium-term notes 1,001,869.75 776,869.75 Purchase of 21% equity consideration of
Guanghui
1,221,839,292.00
Cash paid for the lease liabilities 13,278,583.90 8,134,723.18 Total 14,280,453.65 1,230,750,884.93
54. Supplement Information for cash flow statement
(1)Supplement Information for cash flow statement
Supplement Information Amount of current period Amount of previous period
Net profit 1,794,588,250.64 2,426,784,700.28 Add:Credit loss preparation 98,397,398.38 1,935,337.47 Impairment loss provision of assets 2,889,394.16 Depreciation of fixed assets, oil and gas assets and
consumable biological assets
1,018,003,178.73 1,229,561,027.39
Depreciation of Use right assets 9,771,123.65 9,914,956.52
Amortization of intangible assets 24,232,065.30 36,587,254.42 Amortization of Long-term deferred expenses 350,625.00 350,625.00 Loss on disposal of fixed assets, intangible assets and other
long-term deferred assets
-478,663.58 -3,017,370.44
Fixed assets scrap loss 416,274.34 381,538.83 Loss on fair value changes -10,400,000.00
Financial cost 237,456,103.95 283,024,964.67 Loss on investment -254,956,789.70 -277,061,254.36 Decrease of deferred income tax assets 97,064,342.25 105,511,533.12 Increased of deferred income tax liabilities -3,593,013.71 -31,775,569.98 Decrease of inventories -586,318.60 Decease of operating receivables -102,793,804.75 8,323,698.17 Increased of operating Payable -156,030,532.12 -123,079,795.49 Other
Net cash flows arising from operating activities 2,752,026,558.38 3,669,744,721.16 II. Significant investment and financing activities that
without cash flows:
Ending balance of cash 4,284,688,231.33 2,955,183,190.55 Less: Beginning balance of cash equivalents 2,955,183,190.55 2,846,176,803.89 Add:End balance of cash equivalents
Net increase of cash and cash equivalent 1,329,505,040.78 109,006,386.66
(2)Composition of cash and cash equivalents
Items Balance in year-end Balance in year-Beginning
Of which: Cash in stock
43,420.71 38,214.02
Bank savings could be used at any time 4,284,128,907.61 2,954,629,744.81 Other monetary capital could be used at any
515,903.01 515,231.72
Balance of cash and cash equivalents at the period end
55. The assets with the ownership or use right restricted
Items Book value at the end of the period Restricted reason
Monetary fund 1,221,200.00
Land reclamation funds in the fund escrow account
Total 1,221,200.00 --
As of December 31, 2022, the Guangzhu Section of the Beijing-Zhuhai Expressway, a subsidiary of the Company, has a borrowing balance of RMB14,525,000.00 (it’s all long-term loan balance) from the Wuyang Branch of Industrial and Commercial Bank of China Co., Ltd, and it provided the pledge guarantee by the toll rights of the Guangzhu Section of the Beijing-Zhuhai Expressway project (the right to collect tolls for vehicles driving on the Guangzhu Section of the Beijing-Zhuhai Expressway and the income generated by the ownership of such rights) corresponding to the balance of the loan.
VIII. Changes of merge scope
1. The disposal of subsidiary
Whether there is a single disposal of the investment to subsidiary and lost control√Yes □No
Subsidiary name
disposal price
Equity disposal ratio
Equity disposal method
point of loss of control
Determination basis for the point of loss of control
difference between the disposal price and the share of the
subsidiary's net assets at the
consolidated financial statement level
corresponding to the disposal investment
Percentage of
remaining equity at the date of loss of control
Book value of remaining equity on the date of loss of control
Fair value of
Gain or loss from
remeasurement of remaining equity at fair value
Determination method and main
assumptions of fair value of remaining equity on the date of loss of control
Amount transferred from other comprehensive income related to equity investment in atomic
company to investment profit and loss
Guangdong Expressway Technology Investment Co., Ltd.
50,623,900.00 100.00%
Sale of shares under
common control
March29,2022
Completed the equity transfer, the transfer of control right
13,564,262.33 0.00% 0.00 0.00 0.00 0.00
Whether there are multiple transactions step by step dispose the investment to subsidiary and lost control in reporting period□Yes √No
IX. Equity in other entities
1. Equity in subsidiary
(1) The structure of the enterprise group
Name of Subsidiary
Main Places of Operation
Registration Place
Nature of Business
Shareholding Ratio
Obtaining Method
direct indirect
Guangfo Expressway Co., Ltd. Guangzhou Guangzhou
Expressway Management
Under the same
control business
Guanghui Expressway Co., Ltd. Guangzhou Guangzhou
Jingzhu Expressway Guangzhu Section Co.,Ltd.
Zhongshan Guangzhou
Yuegao Capital
Investment(Guangzhou)Co., Ltd.
Guangzhou Guangzhou
Investment management
100.00% Investment
Notes: holding proportion in subsidiary different from voting proportion: None
Basis of holding half or less voting rights but still been controlled investee and holding more than half of the voting rights not been controlled investee: None
Significant structure entities and controlling basis in the scope of combination: None Basis of determine whether the Company is the agent or the principal: None
(2) Important Non-wholly-owned Subsidiary
Sharehold ing Ratio of
Minority Sharehold ers (%)
Profit or Loss Owned by theMinority Shareholders in the Current Period
Dividends Distributed to theMinority Shareholders in the Current Period
Equity Balance of the Minority Shareholders in the End of the
Guangfo Expressway Co., Ltd. 25.00% -13,850,657.08 53,112,309.95 64,351,739.99 Guangdong Guanghui Expressway
49.00% 442,005,748.98 411,799,965.71 1,974,868,461.63
25.00% 89,363,636.84 126,239,706.53 253,799,315.89
Holding proportion of minority shareholder in subsidiary different from voting proportion None
(3) The main financial information of significant not wholly owned subsidiary
Current assets Non- current assets Total assets Current Liabilities Non- current liabilities Total liabilities
Guangfo Expressway Co., Ltd. 270,445,990.72 15,689,069.15 286,135,059.87 28,728,099.92 28,728,099.92 Guangdong Guanghui
1,463,091,700.93 2,980,427,023.34 4,443,518,724.27 242,093,924.47 171,081,000.56 413,174,925.03
1,097,313,535.80 2,536,645,298.71 3,633,958,834.51 2,477,933,314.32 140,828,256.68 2,618,761,571.00
Guangfo Expressway Co., Ltd. 539,508,987.55 17,935,998.96 557,444,986.51 32,186,158.45 32,186,158.45 Guangdong Guanghui
1,106,203,367.94 3,200,915,171.31 4,307,118,539.25 199,770,257.66 195,999,137.99 395,769,395.65
78,321,084.79 2,167,316,422.40 2,245,637,507.19 455,558,150.91 627,377,814.00 1,082,935,964.91
Amount of current period Amount of previous period
Business income Net profit
Comprehensive income
Cash flows from operating activities
Guangfo Expressway Co., Ltd. 68,796,094.51 -55,402,628.32 -55,402,628.32 203,596,819.21 452,189,259.01 216,784,938.57 216,784,938.57 173,090,933.86 Guangdong Guanghui
1,852,612,486.85 902,052,548.93 902,052,548.93 1,213,241,301.99 2,153,255,526.58 1,111,564,548.10 1,111,564,548.10 1,481,786,551.53
935,890,869.56 357,454,547.35 357,454,547.35 574,838,142.22 1,173,205,770.48 510,059,420.32 510,059,420.32 779,998,964.52
(4) Significant restrictions of using enterprise group assets and pay off enterprise group debt None
(5) Provide financial support or other support for structure entities incorporate into the scope of consolidated financial statements
2. The transaction of the Company with its owner’s equity share changed but still controlling the subsidiary
(1) Significant joint venture arrangement or associated enterprise None
(2)Affect of the transaction on the minority equity and owner's equity attributable to the parent company None
3. Equity in joint venture arrangement or associated enterprise
(1) Significant joint venture arrangement or associated enterprise
Main operating place
Registration place
Business nature
Proportion Accounting
treatment of the investment of joint venture or associated enterprise
Directly Indirectly
Zhaoqing Yuezhao Highway Co., Ltd.
Zhaoqing, Guangdong
25.00% Equity method
Shenzhen Huiyan Expressway Co., Ltd.
Shenzhen Shenzhen
33.33% Equity method
Zhongshan , Zhongshan ,
15.00% Equity method
Ganzhou kangda Expressway Co., Ltd.
Gangzhou Ganzhou
30.00% Equity method
Ganzhou Gankang Expressway Co., Ltd.
Guangdong Yuepu Small Refinancing Co., Ltd
Hand all kinds of small loans
15.48% Equity method
Guangyuan Securities Co., Ltd. Hefei Hefei Security business 2.37% Equity method Hunan Lianzhi Technology Co.,
Changsha Changsha
Research and experimental development
12.01% Equity method
SPIC Yuetong Qiyuan Chip Power Technology Co., Ltd
New Energy service
5.00% Equity method
Shenzhen Garage Electric Pile Technology Co., Ltd
Software and Information technology
17.40% Equity method
Notes to holding proportion of joint venture or associated enterprise different from voting proportion: None
Guangdong, Jiangzhong Expressway Co., Ltd., Guangyuan Securities Co., Ltd.,Yuepu Small Refinancing Co., Ltd.and Hunan Lianzhi Technology Co., Ltd. SPIC Yuetong Qiyuan Chip Power Technology Co., Ltd.and Shenzhen Garage Electric Pile Technology Co., Ltd. holds 20% of the voting rights, but has the power to participate in making decisions on their financial and o perating decisions, and therefore deemed to be able to exert significant influence over the investee.
(2)Main financial information of significant joint venture None
(3)Main financial information of significant associated enterprise
Year-end balance/ Amount of
Year-beginning balance/ Amount of
previous period
Guoyuan Securities Co., Ltd. Guoyuan Securities Co., Ltd.
Total assets 130,765,208,142.95 114,683,858,604.22 Current liabilities
Non-current Liabilities Total liabilities
Minority Shareholders’Equity
Shareholders’equity attributable to shareholders of the parent
32,927,214,909.60 32,259,179,385.22
Pro rata share of the net assets calculated 780,835,620.42 764,993,833.19 Adjustment items
--Goodwill 207,095,632.54 207,095,632.54-- Internal transactions did not achieve profits
--Other
The book value of equity investments in joint ventu res
987,931,252.96 972,089,465.73
Fair value of equity investment of associated enterprises with open quotation
655,044,744.06 796,815,881.40
Buinsess incme 5,357,837,845.51 6,076,303,560.25 Net profit 1,719,972,806.89 1,871,872,525.11 Net profit from terminated operations
Other comprehensive income -303,384,670.30 410,531,198.59 Total comprehensive income 1,416,588,136.59 2,282,403,723.70
Dividends received from associates during the year 18,626,864.76 20,696,516.40
(4) Summary financial information of insignificant joint venture or associated enterprise
Year-end balance/ Amount of current
Total amount of the pro rata calculation of the following items Associated enterprise:
Total book value of the investment 1,935,437,414.88 1,655,041,215.52 Total amount of the pro rata calculation
of the following--Net profit ms
-Nit profit 152,508,655.82 182,411,820.30--Total comprehensive income 152,508,655.82 182,411,820.30
(5) Note to the significant restrictions of the ability of joint venture or associated enterprise transfer funds to the Company
(6) The excess loss of joint venture or associated enterprise None
(7) The unrecognized commitment related to joint venture investment None
(8) Contingent liabilities related to joint venture or associated enterprise investment None
4. Significant common operation None
5. Equity of structure entity not including in the scope of consolidated financial statements None
6.Other
X. Risks Related to Financial Instruments
The company has the main financial instruments, such as bank deposits, receivables and payables, investments, loans and so on. Please refer to the relevant disclosure in Notes for the details. The risks associated with these financial instruments mainly include credit risk, market risk and liquidity risk. The company’s management shall manage and monitor these risks and ensure above risks to be controlled within certain scope.
The targets and policies of risk management
The target of risk management is to obtain the proper balance between the risk and benefit, to reduce the negative impact that is caused by the risk of the Company to the lowest level, and to maximize the benefits of shareholders and other equity investors. Based on the targets of risk management, the basic strategy of the Company’s risk management is to identify and analyze the risks which are faced by the Company, establish suitable risk tolerance baseline and proceed the risk management, and supervise a variety of risks timely and reliably, and control the risks within a limited range.
(1)Foreign exchange risk
Foreign exchange risk refers to the risk of loss due to exchange rate fluctuations generally. Our foreign exchange risk is mainly related to Hong Kong Dollar. Besides annual distribution of B-share shareholder dividends, other major business activities of our Company are settled in RMB. During the reporting period, due to the short credit period of the Company's income and expenditure related to foreign currency, it was not affected by foreign exchange risk.
(2)Interest rate risk
The Company's risk of cash flow changes in financial instruments caused by interest rate changes is mainly related to floating rate bank borrowings. The Company's policy is to maintain the floating interest rate of these borrowings, and at the same time to reasonably reduce the risk of interest rate fluctuation by shortening the term of a single loan and specifically agreeing on prepayment terms.
(3)Other price risk
The investments held by the Company are classified as financial assets measured at fair value and whose changes are included in other comprehensive income and are measured at fair value on the balance sheet date. Therefore, the Company bears the risk of changes in the securities market.
2.Credit risk
As of December 31,2022, the largest credit risk exposure that may cause financial losses of the Company mainly comes from the loss of financial assets of the Company caused by the failure of the other party to perform its obligations.
In order to reduce credit risk, the Company only deals with recognized and reputable customers. In addition, the Company reviews the recovery of each single receivables on each balance sheet date to ensure that adequate bad debt provisions are made for unrecoverable amounts. Consequently, the Company's management believes that the Company's credit risk has been greatly reduced.
The Group's working capital is deposited in banks with higher credit rating, so the credit risk of working capital is relatively low.
Financial assets overdue or impaired;
(1) Aging analysis of financial assets with overdue impairment: Not existed
(2) Analysis of financial assets that have suffered single impairment: Refer to "4, Other Receivables" in VII and "10, Investment in Other Equity Instruments" in VII of this section for details.
3.Liquidity risk
When managing liquidity risks, the Company maintains sufficient cash and cash equivalents as deemed by the management and monitor them to meet the Company's operational needs and reduce the impact of cash flow fluctuations. The management of the Company monitors the use of bank loans and ensures compliance with the loan agreement.
XI. The disclosure of the fair value
1. Closing fair value of assets and liabilities calculated by fair value
Closing fair value
Fir value
measurement items at level 1
measurement items at level 2
measurement items at level 3
I. Consistent fair value measurement
(I) Trading financial assets 101,400,000.00 101,400,000.00
(2)Equity instrument investment 101,400,000.00 101,400,000.00(II)Other equity instrument
722,232,678.08 835,071,052.90 1,557,303,730.98
Total assets continuously measured at fair value
722,232,678.08 936,471,052.90 1,658,703,730.98
II. Non –persistent measure -- -- -- --
2.Market price recognition basis for consistent and inconsistent fair value measurement items at level 1.
As at the end of the period, the company holds shares 235,254,944 shares of China Everbright Bank According to the closing price of December 31,2022 of 3.07 yuan, the final calculation of fair value was
722,232,678.08 yuan.
3. Fair value of financial assets and liabilities not measured at fair value, The valuation techniques adopted and the qualitative and quantitative information of important parameters for continuous and non-continuous level 2 fair value measurement items
Items Fair value as of December
31,2022
Valuation technology Unobservable input
Unlisted equity investment
936,471,052.90
Hire a third party for evaluation or enjoy the
share of the net book assets of the investee based on the shareholding ratio
4. Fair value of financial assets and liabilities not measured at fair value
The Company's financial assets and liabilities measured in amortized cost mainly include: accounts receivable, other receivables, contract assets, short-term loans, accounts payable, other payables, non-current liabilities due within one year, long-term loans, bonds payable and long-term payables.
There is no significant difference between the book value of financial assets and liabilities not measured at fair value and the fair value.
XII. Related parties and related-party transactions
1. Parent company information of the enterprise
Name Registered address Nature
Redistricted capital
The parent company of the Company's
shareholding ratio
The parent company of the Company’s vote ratio
communication Group Co., Ltd
management, traffic
construction and railway project operation
26.8 billion yuan 24.56% 50.12%
Guangdong Communication Group Co., Ltd. is the largest shareholder of the Company. legal representative: Deng Xiaohua. Date of establishment: June 23, 2000. As of December 31, 2022,Registered capital: 26.8 billion yuan. It is a solely state-owned limited company. Business scope:equity management, organization of asset reorganization and optimized allocation, raising funds by means including mortgage, transfer of property rights and joint stock system transformation, project investment, operation and management, traffic infrastructure construction, highway and railway project operation and relevant industries, technological development, application, consultation and services, highway and railway passenger and cargo transport, ship industry, relevant overseas businesses; The value-added communication business.
The finial control of the Company was State owned assets supervision and Administration Commission of Guangdong Provincial People's Government. Other note:
2.Subsidiaries of the Company
Subsidiaries of this enterprise, see IX(1) the rights of other entity
3. Information on the joint ventures and associated enterprises of the Company Details refer to the IX-3, Interests in joint ventures or associates
Information on other joint venture and associated enterprise of occurring related party transactions with the Company in reporting period, or form balance due to related party transactions in previous period:
Name Relation with the Company
Shenzhen Huiyan Expressway Co., Ltd. Associated enterprises of the Company Zhaoqing Yuezhao Highway Co., Ltd. Associated enterprises of the Company Ganzhou Kangda Expressway Co., Ltd. Associated enterprises of the Company Ganzhou Gankang Expressway Co., Ltd. Associated enterprises of the Company Guangdong Jiangzhong Expressway Co., Ltd. Associated enterprises of the Company
4. Other Related parties
Guangdong Boda Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Chaohui Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong East ThinkingManagement Technology
Fully owned subsidiary of the parent company
Guangdong Litong Property Investment Co., Ltd. Fully owned subsidiary of the parent company Guangdong ExpresswayMedia Co., Ltd. Fully owned subsidiary of the parent company Guangdong GuangzhuWest Line Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Humen Bridge Co., Ltd. Fully owned subsidiary of the parent company Guangdong Hualu Traffic Technology Co., Ltd. Fully owned subsidiary of the parent company Guangdong Litong Technology Investment Co., Ltd. Fully owned subsidiary of the parent company Guangdong Litong Development Investment Co., Ltd. Fully owned subsidiary of the parent company Guangdong Union Electron Service Information technology
Co., ltd.
Guangdong Lulutong Co., Ltd. Fully owned subsidiary of the parent company Guangdong Luoyang Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Provincial Freeway Co.,Ltd. Fully owned subsidiary of the parent company Guangdong Highway Construction Co., Ltd. Fully owned subsidiary of the parent company Guangdong Communication Group Finance Co., Ltd. Fully owned subsidiary of the parent company Guangdong Read & Bridge Construction Development Co.,
Guangdong Tongyi Expressway Service Area Co., Ltd Fully owned subsidiary of the parent company
Guangdong Xinyue Traffic Investment Co., Ltd. Fully owned subsidiary of the parent company Guangdong Yueyun Traffic Co., Ltd. Fully owned subsidiary of the parent company Guangdong Yueyun Traffic Rescue Co., Ltd. Fully owned subsidiary of the parent company Guangshenzhu Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangzhou Xinyue Traffic Technology Co., Ltd. Fully owned subsidiary of the parent company Guangzhou Xinyue Asphalt Co., Ltd. Fully owned subsidiary of the parent company Guangdong Traffic Development Co., Ltd. Fully owned subsidiary of the parent company Guangdong Communication Planning & Design Institute Co.,
Shares of parent company
Guangzhongjiang Expressway ProjectManagement Dept Managed by the parent company
Guangzhou Aitesi Communication equipment Co., Ltd. Associated enterprises controlled by the same parent company Guangdong Jingzhu Expressway Guangzhu North Section Co.,
Associated enterprises controlled by the same parent company
Guangdong Feida Traffic Engineering Co., Ltd. Associated enterprises controlled by the same parent company Poly Changda Engineering Co., Ltd. Shares of parent company
Guangdong Changda Road Conservation Co., Ltd. Shares of parent company Guangdong Xiangfei Highway Engineering Supervision Co.,
Subsidiary of the parent company
Guangdong Expressway Technology Co., Ltd. Fully owned subsidiary of the parent company Hunan Lianzhi Technology Co., Ltd. A wholly owned subsidiary of the Company Guangdong Guangfozhao Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Guangle Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Communications Testing Co., Ltd. Fully owned subsidiary of the parent company Guangdong Traffic Investment Co., Ltd. Fully owned subsidiary of the parent company Guangdong Kaiyang Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong United Telecom Service Information Technology
GuangdongMaozhan Expressway Co., Ltd. Fully owned subsidiary of the parent company Guangdong Automobile Transportation Group Co., Ltd.
Cultural and tourism branch