粤高速Ａ - Financials

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
+Revenue	4.5B	4.6B	4.9B	4.2B	5.3B
Revenue Growth %	-2.2%	-6.3%	17.0%	-21.2%	--
Total Revenue	4.5B	4.6B	4.9B	4.2B	5.3B
Cost Of Revenue	1.6B	1.6B	1.7B	1.6B	1.9B
+Gross Profit	2.9B	2.9B	3.1B	2.6B	3.4B
Gross Margin %	64.5%	64.3%	64.3%	62.0%	63.5%
Total Operating Cost	1.6B	2.1B	2.2B	2.1B	2.4B
Admin Expenses	200.0M	203.0M	189.0M	191.0M	224.0M
Rd Expenses	6.1M	5.1M	3.2M	14.6M	13.3M
Finance Expenses	72.2M	126.0M	122.0M	191.0M	222.0M
+Operating Income	3.2B	2.8B	3.0B	2.3B	3.2B
Operating Margin %	70.8%	60.7%	61.4%	56.2%	59.9%
Non Operating Income	7.9M	6.6M	4.7M	10.0M	18.0M
Non Operating Expenses	9.0M	8.3M	21.4M	12.3M	22.5M
Investment Income	240.0M	303.0M	312.0M	255.0M	277.0M
Fair Value Change Income	8.7M	2.6M	2.5M	10.4M	--
Asset Disposal Income	23.9M	-721,300	--	478,700	3.0M
Asset Impairment Loss	--	--	10.4M	--	2.9M
Other Income	2.0M	11.5M	11.6M	13.7M	17.6M
Income Before Tax	3.2B	2.8B	3.0B	2.3B	3.2B
Income Tax	676.0M	671.0M	715.0M	548.0M	735.0M
+Net Income	2.5B	2.1B	2.3B	1.8B	2.4B
Net Margin %	55.7%	46.0%	46.4%	43.0%	45.9%
Net Income Attributable	1.8B	1.6B	1.6B	1.3B	1.7B
Minority Interest	687.0M	541.0M	629.0M	518.0M	726.0M
Eps Basic	0.86	0.75	0.78	0.61	0.81
Eps Diluted	0.86	0.75	0.78	0.61	0.81

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash And Equivalents	6.5B	4.3B	4.7B	4.3B	3.0B
Trading Financial Assets	--	--	--	--	--
Accounts Receivable	96.7M	82.4M	140.0M	108.0M	159.0M
Notes And Accounts Receivable	96.7M	82.4M	140.0M	108.0M	159.0M
Prepayments	9.7M	3.7M	8.5M	7.8M	5.2M
Inventory	--	--	--	--	640,100
Total Current Assets	7.3B	4.5B	5.0B	4.4B	3.1B
Long Term Equity Investment	4.4B	3.3B	3.1B	2.9B	2.6B
Fixed Assets	8.3B	8.9B	9.0B	10.1B	10.6B
Fixed Assets Total	8.3B	8.9B	9.0B	10.1B	10.6B
Construction In Progress	4.8B	2.7B	2.0B	754.0M	351.0M
Construction In Progress Total	4.8B	2.7B	2.0B	754.0M	351.0M
Intangible Assets	179.0M	198.0M	221.0M	247.0M	269.0M
Long Term Deferred Expenses	--	--	--	--	2.1M
Total Non Current Assets	19.5B	17.9B	16.4B	15.8B	15.7B
Total Assets	26.8B	22.4B	21.4B	20.3B	18.9B
Short Term Borrowings	259.0M	--	110.0M	430.0M	--
Accounts Payable	220.0M	226.0M	214.0M	198.0M	264.0M
Advance Receipts	276,100	251,000	2.6M	2.7M	10.7M
Contract Liabilities	--	--	--	--	22,000
Total Current Liabilities	1.3B	1.7B	1.5B	1.5B	1.2B
Long Term Borrowings	10.0B	6.7B	5.9B	5.6B	4.6B
Total Non Current Liabilities	11.3B	7.6B	7.4B	7.4B	6.4B
Total Liabilities	12.6B	9.2B	9.0B	8.9B	7.6B
Paid In Capital	2.1B	2.1B	2.1B	2.1B	2.1B
Capital Reserve	783.0M	783.0M	783.0M	743.0M	713.0M
Surplus Reserve	1.9B	1.7B	1.5B	1.4B	1.2B
Retained Earnings	6.1B	5.5B	5.3B	4.7B	4.8B
Minority Equity	3.1B	2.7B	2.6B	2.3B	2.3B
Equity Attributable	11.1B	10.5B	9.8B	9.1B	9.0B
Total Equity	14.2B	13.2B	12.4B	11.4B	11.3B

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash From Sales	4.6B	4.7B	5.0B	4.3B	5.4B
Tax Refunds Received	--	--	--	--	--
Total Operating Cash Inflow	5.7B	5.1B	5.5B	4.4B	5.6B
Cash Paid For Goods	318.0M	349.0M	357.0M	343.0M	417.0M
Cash Paid To Employees	509.0M	503.0M	496.0M	480.0M	491.0M
Taxes Paid	799.0M	861.0M	732.0M	696.0M	902.0M
Total Operating Cash Outflow	2.1B	1.8B	1.7B	1.6B	1.9B
Operating Cash Flow	3.6B	3.3B	3.8B	2.8B	3.7B
Total Investing Cash Inflow	300.0M	205.0M	221.0M	198.0M	225.0M
Total Investing Cash Outflow	2.9B	2.2B	1.7B	1.2B	648.0M
Investing Cash Flow	-2.6B	-2.0B	-1.5B	-998.0M	-424.0M
Cash From Borrowings	5.6B	1.4B	676.0M	2.3B	2.1B
Dividends And Interest Paid	2.0B	2.0B	1.7B	2.0B	1.7B
Debt Repayments	2.7B	1.3B	1.0B	1.3B	2.5B
Total Financing Cash Inflow	5.9B	1.6B	851.0M	2.9B	2.3B
Total Financing Cash Outflow	4.7B	3.2B	2.8B	3.3B	5.4B
Financing Cash Flow	1.3B	-1.7B	-1.9B	-425.0M	-3.1B
Net Change In Cash	2.2B	-442.0M	417.0M	1.3B	109.0M
Ending Cash Balance	6.5B	4.3B	4.7B	4.3B	3.0B
Capex	2.4B	2.0B	1.5B	875.0M	514.0M