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粤高速Ｂ：2026年一季度报告（英文版）

2026-04-30 财报 -

主要财务数据

会计数据和财务指标
- 无追溯调整或重述。
- 无非经常性损益项目。
主要会计报表项目及财务指标变动情况
- 资产负债表：
  - 应收账款同比增长31.13%（30.11亿元），主要因 Toll 收入结算增加。
  - 其他非流动资产同比增长92.57%（769.54亿元），主要因广东广惠高速公路有限公司（以下简称“广惠高速”）预付款重分类影响。
  - 应交税费同比增长37.51%（65.51亿元），主要因母公司及子公司所得税计提影响。
- 利润表：
  - 财务费用同比下降209.74%（-50.22亿元），主要因广惠高速本期获得定期存款利息收入。
  - 信用减值损失同比下降97.87%（-326.69亿元），主要因控股子公司广东佛开高速公路有限公司（以下简称“佛开高速”）同期获得前期养护费用资金来源，导致342.94亿元坏账准备转回，而本期无该因素影响。
  - 净利润同比下降29.35%（-260.02亿元），主要因佛开高速同期342.94亿元坏账准备转回，以及本期经营收入增加和财务费用减少的综合影响。
  - 其他综合收益同比下降54.06%（-15.65亿元），主要因广发银行股票公允价值下降，以及国元证券股权投资导致其他综合收益增加。
现金流量表主要项目变动说明
- 经营活动现金流量净额同比下降107.11亿元，主要因去年控股子公司粤高资本控股（广州）有限公司（以下简称“粤高资本”）收到湖南联智科技有限公司股权转让款，而本期无该事项。
- 投资活动现金流量净额同比下降50.44%（-26.78亿元），主要因从参股公司分得股利减少。
- 筹资活动现金流量净额同比下降141.07%（733.81亿元），主要因控股子公司扩建和改造成本增加。
- 筹资活动现金流量净额同比下降69.84%（-1,505亿元），主要因本期贷款减少。
- 偿还债务支付的现金同比下降97.40%（-2,340.05亿元），主要因去年总部及子公司北京珠海湾仔高速公路广州段公司偿还贷款和中期票据。

股东信息

限制转让股份的股东排名前十位较上期发生变化，主要因证券出借/归还。

其他重要事项

无。

财务报表及审计报告

财务报表由广东省级高速公路开发有限公司编制，法定代表人为苗德山，会计负责人为卢明，会计机构负责人为严晓红。
本期第一季度报告未经审计。

AnnouncementNo.:2026-010 GuangdongProvincialExpresswayDevelopmentCo.，Ltd. TheFirstQuarterlyReport2026 TheCompanyanditsdirectorsherebyguaranteethatthecontentofinformationdisclosureisreal,accurate,completeandfreefromanyfalserecord,misleadingrepresentationormaterialomissions. ImportantNotes 1.TheBoardofDirectors,directors,andseniormanagementguaranteethattheinformationpresentedinthisreportistrue,accurateandcompletewithoutfalserecords,misleadingstatementsormaterialomissions,andwillundertakeindividualandjointlegalliabilities. 1.TheBoardofDirectorsoftheCompanyanditsdirectorsandseniorexecutivesshouldguaranteethereality,accuracyandcompletionofthequarterlyreport,therearenoanyfictitiousstatements,misleadingstatementsorimportantomissionscarriedinthisreport,andshalltakelegalresponsibilities,individualandorjoint. 2.PersoninchargeoftheCompany,Personinchargeofaccountingandpersoninchargeofaccountingorgan(accountingofficer)herebyconfirmthatthefinancialinformationofthisQuarterlyReportisauthentic,accurateandcomplete. 3.Thefirstquarterlyreportauditedornot□Yes√No I.Mainfinancialdata (i)Mainaccountingdataandfinancialindexes Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot √Applicable□Notapplicable InRMB □ApplicableNotapplicable TheCompanydoesnothaveothergains/lossesitemsthatconformtothedefinitionofnon-recurringgains/lossesInformationonthedefinitionofnon-recurringprofit(gain)/lossthatlistedintheQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---Extraordinary(non-recurring)Profit(gain)/lossastherecurringprofit(gain)/loss □ApplicableNotapplicable TheCompanydoesnothaveanynon-recurringprofit(gain)/losslistedundertheQ&AAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic---Extraordinary(non-recurring)Profit(gain)/lossdefinedasrecurringprofit(gain)/loss (iii)Particularsaboutmaterialchangesinitemsofmainaccountingstatementandfinancialindexandexplanationsofreasons √Applicable□Notapplicable I.Itemsofbalancesheetascomparedwiththebeginningofthisyear. (1)Accountreceivable Anincreaseof30.11millionyuanor31.13%overthebeginningoftheyear,Themainreasonistheincreaseintollrevenuespendingliquidation.. (2)Othernon-currentassets Anincreaseof769.54millionyuanor92.57%overthebeginningoftheyear,MainlyduetotheimpactofthereclassificationofadvancepaymentsforreconstructionandexpansionprojectsbyGuangdongGuanghuiExpresswayCo.,Ltd. (3)Taxesandfeespayable Anincreaseof65.51millionyuanor37.51%overthebeginningoftheyear,Mainlyduetotheimpactoftheprovisionofincometaxbytheparentcompanyandeachsubsidiary. II.Itemsofincomestatementascomparedwiththesameperiodofthepreviousyear (1)Financialexpenses Thedecreaseof50.22millionyuanor209.74%overthesameperiodoflastyear,MainlyduetothecontrollingsubsidiaryGuangdongGuanghuiExpresswayCo.,Ltd.received interestincome fromtimedepositsduringthecurrentperiod. (2)Lossofcreditimpairment Thedecreaseof326.69millionyuanor97.87%overthesameperiodoflastyear,MainlyduetotheholdingsubsidiaryGuangfoExpresswayCo.,Ltd.hadaclearsourceoffundsforadvancemaintenanceexpensesinthesameperiod last year,resulting in the reversal of 342.94 million yuan of bad debt provisions accruedindividuallyforpreviouslyadvancedmaintenanceexpenses,whereasinthecurrentperiodwasnotaffectedbythisfactor. (3)Netprofit Thedecreaseof260.02millionyuanor29.35%overthesameperiodoflastyear,Mainlyduetothereversalofbaddebtprovisionsof342.94millionyuanbytheholdingsubsidiaryGuangfoExpresswayCo.,Ltd.inthesameperiodlastyear,aswellasthecombinedeffectsofincreasedoperatingincomeandreducedfinancialexpensesduringthecurrentperiod. (4)OtherComprehensiveIncome Thedecreaseof15.65millionyuanor54.06%overthesameperiodoflastyear,MainlyduetothefairvalueoftheCompany'sholdingsinEverbrightBanksharesdeclinedinthecurrentperiod,andtheCompanyrecognizedanincreaseinothercomprehensiveincomebasedonitsequityinterestinGuoyuanSecurities,resultinginaYOYincreaseincomprehensiveincome. III.Notesofmainitemsofcashflowstatement Inthecurrentperioditdecreasedby107.11millionyuanYOY,mainlybecauseinthesameperiodlastyear,thewholly-ownedsubsidiaryYuegaoCapitalHoldings(Guangzhou)Co.,Ltd.receivedthepaymentfortheequitytransferofHunanLianzhiTechnologyCo.,Ltd.,whichdidnotoccurinthecurrentperiod. (2)Cashreceivedfrominvestmentincome Itdecreasedby26.78millionyuanor50.44%YOY,Themainreasonisadecreaseindividendsreceivedfromshare-participatingcompanies. Itincreasedby733.81millionyuanor141.07%YOY,Themainreasonisanincreaseinexpenditurefortheexpansionandreconstructionprojectsofcontrollingsubsidiaries. (4)Cashreceivedfromloans Itdecreasedby1,505millionyuanor69.84%YOY,Themainreasonisadecreaseintheamountofloansborrowedduringthecurrentperiod. (5)Cashpaidforsettlingdebts Itdecreasedby2,340.05millionyuanor97.40%YOY,Themainreasonisthatinthesameperiodlastyear,theCompany'sheadquarterandthesubsidiaryBeijingZhuhaiExpresswayGuangzhuSectionCompanyrepaidloansandmedium-termnotes. II.ShareholdersInformation (i)Totalnumberofco

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